Pomanda estimates the enterprise value of MATTRESSMAN LTD at £14.3m based on a Turnover of £24.9m and 0.57x industry multiple (adjusted for size and gross margin).
mattressman ltdEstimated Valuation
£6m
Pomanda estimates the enterprise value of MATTRESSMAN LTD at £6m based on an EBITDA of £1.1m and a 5.67x industry multiple (adjusted for size and gross margin).
mattressman ltdEstimated Valuation
£7.2m
Pomanda estimates the enterprise value of MATTRESSMAN LTD at £7.2m based on Net Assets of £3.8m and 1.89x industry multiple (adjusted for liquidity).
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Mattressman LtdOverview
Mattressman Ltd is a live company located in norfolk, NR14 8SQ with a Companies House number of 05015448. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in January 2004, it's largest shareholder is
smartestman holdings ltd
with a 100% stake. Mattressman Ltd is a mature,
large sized company, Pomanda has estimated its turnover at
£24.9m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mattressman Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
5 Regular
1 Weak
Size
annual sales of £24.9m, make it larger than the average company (£4.6m)
£24.9m - Mattressman Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.3%)
11% - Mattressman Ltd
9.3% - Industry AVG
Production
with a gross margin of 48.2%, this company has a comparable cost of product (40.2%)
48.2% - Mattressman Ltd
40.2% - Industry AVG
Profitability
an operating margin of 3.7% make it more profitable than the average company (3%)
3.7% - Mattressman Ltd
3% - Industry AVG
Employees
with 72 employees, this is above the industry average (25)
72 - Mattressman Ltd
25 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£34.6k)
£39.3k - Mattressman Ltd
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £346.3k, this is more efficient (£166.5k)
£346.3k - Mattressman Ltd
£166.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (15 days)
3 days - Mattressman Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (36 days)
14 days - Mattressman Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is in line with average (71 days)
62 days - Mattressman Ltd
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 20 weeks, this is average cash available to meet short term requirements (18 weeks)
20 weeks - Mattressman Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34%, this is a lower level of debt than the average (61.5%)
34% - Mattressman Ltd
61.5% - Industry AVG
MATTRESSMAN LTD financials
EXPORT
Mattressman Ltd's latest turnover from March 2024 is £24.9 million and the company has net assets of £3.8 million. According to their latest financial statements, Mattressman Ltd has 72 employees and maintains cash reserves of £773.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Apr 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Apr 2011
Apr 2010
Turnover
24,930,891
22,436,061
22,569,894
18,445,601
15,935,803
16,311,158
29,802,218
26,693,575
23,088,319
17,730,457
13,282,456
13,079,086
14,194,616
14,769,908
13,347,473
Other Income Or Grants
Cost Of Sales
12,921,245
12,498,640
13,474,006
9,840,060
8,664,184
8,792,610
14,912,516
12,000,534
11,000,031
8,900,421
6,583,341
6,535,515
7,390,729
7,708,611
6,931,249
Gross Profit
12,009,646
9,937,421
9,095,888
8,605,541
7,271,619
7,518,548
14,889,702
14,693,041
12,088,288
8,830,036
6,699,115
6,543,571
6,803,887
7,061,297
6,416,224
Admin Expenses
11,097,900
3,462,389
8,148,077
7,526,862
7,155,198
11,064,356
20,321,952
13,920,126
10,573,494
8,205,228
6,433,828
6,293,428
6,449,608
6,583,442
5,949,599
Operating Profit
911,746
6,475,032
947,811
1,078,679
116,421
-3,545,808
-5,432,250
772,915
1,514,794
624,808
265,287
250,143
354,279
477,855
466,625
Interest Payable
2,596
11,291
1,385
10,504
24,840
27,213
77,688
38,172
28,271
20,111
20,724
22,019
14,215
18,312
21,487
Interest Receivable
9,856
31
3
8
9
1,129
972
408
152
1,363
120
3,397
355
Pre-Tax Profit
919,006
6,463,772
946,426
1,068,178
91,589
-3,573,012
-5,509,938
735,872
1,487,495
605,105
244,715
229,487
340,184
462,940
445,493
Tax
538,705
105,690
239,388
19,045
8,167
-290,480
-128,260
-48,659
-51,816
-112,327
-133,471
-138,794
Profit After Tax
1,457,711
6,569,462
946,426
1,068,178
91,589
-3,333,624
-5,490,893
744,039
1,197,015
476,845
196,056
177,671
227,857
329,469
306,699
Dividends Paid
500,000
173,000
95,000
117,000
108,500
Retained Profit
1,457,711
6,569,462
946,426
1,068,178
91,589
-3,333,624
-5,990,893
744,039
1,024,015
381,845
79,056
69,171
227,857
329,469
306,699
Employee Costs
2,826,829
2,445,159
2,176,706
2,097,068
2,140,302
3,345,054
6,280,479
5,263,524
3,962,579
2,937,342
2,253,286
2,132,317
2,089,057
2,071,497
1,805,784
Number Of Employees
72
71
68
65
77
141
284
237
164
120
101
94
98
100
85
EBITDA*
1,058,548
6,667,375
1,167,711
1,299,852
378,083
-3,117,849
-4,818,363
1,212,742
1,809,927
833,977
432,429
424,666
522,971
613,584
588,823
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Apr 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Apr 2011
Apr 2010
Tangible Assets
1,138,272
1,194,351
1,391,700
1,446,514
1,574,965
1,832,211
2,907,194
1,992,163
1,553,328
1,015,622
751,492
699,558
554,952
540,212
515,804
Intangible Assets
Investments & Other
103,944
82,681
Debtors (Due After 1 year)
700,000
250,000
250,000
235,359
36,655
85,000
63,000
10,438
34,438
Total Fixed Assets
1,138,272
1,194,351
2,091,700
1,696,514
1,824,965
2,067,570
2,907,194
1,992,163
1,553,328
1,015,622
788,147
784,558
721,896
633,331
550,242
Stock & work in progress
2,215,165
2,609,176
1,958,768
1,229,444
566,167
749,761
1,985,639
2,822,084
1,668,031
1,965,998
1,818,474
1,807,409
1,487,637
1,912,606
1,622,736
Trade Debtors
219,771
386,609
172,446
190,647
165,641
161,612
202,262
193,763
83,437
67,216
53,067
15,771
16,497
8,182
41,539
Group Debtors
1,226
22,735
975,727
100
100
100
9,626
41,041
Misc Debtors
1,390,386
1,143,042
1,465,665
2,164,698
391,501
760,024
1,279,870
1,520,048
377,961
402,756
321,807
316,440
399,430
475,568
439,995
Cash
773,290
4,932
325,233
2,119,084
169,742
226,493
692,575
351,639
3,101,554
938,011
253,660
213,778
278,251
285,612
192,088
misc current assets
total current assets
4,598,612
4,143,759
3,922,112
5,703,873
1,293,051
1,899,116
4,183,081
5,863,261
5,231,083
3,374,081
2,447,108
2,363,024
2,222,856
2,681,968
2,296,358
total assets
5,736,884
5,338,110
6,013,812
7,400,387
3,118,016
3,966,686
7,090,275
7,855,424
6,784,411
4,389,703
3,235,255
3,147,582
2,944,752
3,315,299
2,846,600
Bank overdraft
272,603
169,911
153,443
856,557
22,045
123,793
68,618
344,182
62,368
Bank loan
25,551
25,551
45,129
23,137
51,720
Trade Creditors
514,728
665,968
7,264,691
7,413,348
7,153,647
7,898,541
3,455,425
1,902,909
989,991
643,429
667,298
460,049
588,943
1,027,695
939,314
Group/Directors Accounts
148,041
769,491
385,942
303,050
352,856
390,711
324,335
other short term finances
hp & lease commitments
79,608
12,595
48,427
61,370
92,308
347,897
229,919
210,024
140,292
153,182
146,675
85,030
77,425
55,816
other current liabilities
1,206,336
1,299,588
2,527,846
3,959,590
953,985
1,106,201
2,588,501
1,697,823
2,100,492
1,454,374
784,690
818,028
793,057
695,400
962,110
total current liabilities
1,948,713
3,007,650
10,191,074
11,724,415
8,691,769
9,641,204
7,598,266
3,856,202
3,345,636
2,261,232
1,627,215
1,548,545
1,535,648
2,144,702
2,071,328
loans
4,946
29,174
55,994
22,169
45,306
67,351
13,705
29,981
hp & lease commitments
13,149
62,788
126,300
592,907
311,542
436,370
228,717
129,809
199,335
135,552
137,177
65,368
Accruals and Deferred Income
other liabilities
provisions
61,740
848,251
617,065
1,361,350
134,807
166,751
121,940
59,125
37,607
47,979
43,262
32,939
total long term liabilities
61,740
861,400
679,853
126,300
1,959,203
475,523
659,115
372,826
234,240
304,293
183,531
194,144
128,288
total liabilities
1,948,713
3,007,650
10,252,814
12,585,815
9,371,622
9,767,504
9,557,469
4,331,725
4,004,751
2,634,058
1,861,455
1,852,838
1,719,179
2,338,846
2,199,616
net assets
3,788,171
2,330,460
-4,239,002
-5,185,428
-6,253,606
-5,800,818
-2,467,194
3,523,699
2,779,660
1,755,645
1,373,800
1,294,744
1,225,573
976,453
646,984
total shareholders funds
3,788,171
2,330,460
-4,239,002
-5,185,428
-6,253,606
-5,800,818
-2,467,194
3,523,699
2,779,660
1,755,645
1,373,800
1,294,744
1,225,573
976,453
646,984
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Apr 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
911,746
6,475,032
947,811
1,078,679
116,421
-3,545,808
-5,432,250
772,915
1,514,794
624,808
265,287
250,143
354,279
477,855
466,625
Depreciation
146,802
192,343
219,900
221,173
261,662
427,959
613,887
439,827
295,133
209,169
167,142
174,523
168,692
135,729
122,198
Amortisation
Tax
538,705
105,690
239,388
19,045
8,167
-290,480
-128,260
-48,659
-51,816
-112,327
-133,471
-138,794
Stock
-394,011
650,408
729,324
663,277
-183,594
-1,235,878
-836,445
1,154,053
-297,967
147,524
11,065
319,772
-424,969
289,870
1,622,736
Debtors
80,506
-808,460
-267,234
1,798,203
-351,079
-346,646
-1,184,671
2,228,040
-8,574
58,443
-15,208
-93,131
25,780
-21,784
515,972
Creditors
-151,240
-6,598,723
-148,657
259,701
-744,894
4,443,116
1,552,516
912,918
346,562
-23,869
207,249
-128,894
-438,752
88,381
939,314
Accruals and Deferred Income
-93,252
-1,228,258
-1,431,744
3,005,605
-152,216
-1,482,300
890,678
-402,669
646,118
669,684
-33,338
24,971
97,657
-266,710
962,110
Deferred Taxes & Provisions
-61,740
-786,511
231,186
617,065
-1,361,350
1,226,543
-31,944
44,811
62,815
21,518
-10,372
4,717
10,323
32,939
Cash flow from operations
1,666,266
-957,604
-1,661,291
2,334,864
632,711
303,529
891,535
-1,682,879
2,863,479
1,208,380
583,342
31,914
473,455
44,021
245,684
Investing Activities
capital expenditure
-90,723
5,006
-165,086
-92,722
-4,416
647,024
-1,528,918
-878,662
-832,839
-473,299
-219,076
-319,129
-183,432
-84,093
-159,894
Change in Investments
-103,944
21,263
82,681
cash flow from investments
-90,723
5,006
-165,086
-92,722
-4,416
647,024
-1,528,918
-878,662
-832,839
-473,299
-219,076
-215,185
-204,695
-166,774
-159,894
Financing Activities
Bank loans
-25,551
-19,578
21,992
23,137
-51,720
51,720
Group/Directors Accounts
-621,450
383,549
82,892
-49,806
-37,855
66,376
324,335
Other Short Term Loans
Long term loans
-4,946
-24,228
-26,820
33,825
-23,137
-22,045
67,351
-13,705
-16,276
29,981
Hire Purchase and Lease Commitments
79,608
-12,595
-48,981
-62,582
-94,450
-722,196
399,343
-104,933
277,385
86,018
-63,019
125,428
5,980
93,418
121,184
other long term liabilities
share issue
-544,377
21,263
340,285
interest
7,260
-11,260
-1,385
-10,501
-24,832
-27,204
-77,688
-37,043
-27,299
-19,703
-20,572
-20,656
-14,095
-14,915
-21,132
cash flow from financing
-534,582
359,694
32,526
-122,889
-701,514
-713,521
621,762
-188,374
305,903
66,315
-105,636
172,123
-557
10,507
522,038
cash and cash equivalents
cash
768,358
-320,301
-1,793,851
1,949,342
-56,751
-466,082
340,936
-2,749,915
2,163,543
684,351
39,882
-64,473
-7,361
93,524
192,088
overdraft
-272,603
272,603
-169,911
16,468
-703,114
856,557
-22,045
-101,748
55,175
-275,564
281,814
62,368
change in cash
1,040,961
-592,904
-1,793,851
2,119,253
-73,219
237,032
-515,621
-2,749,915
2,163,543
706,396
141,630
-119,648
268,203
-188,290
129,720
mattressman ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mattressman ltd. Get real-time insights into mattressman ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mattressman ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in NR14 area or any other competitors across 12 key performance metrics.
old stoke road arminghall, norwich, norfolk, NR14 8SQ
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mattressman ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to mattressman ltd. Currently there are 6 open charges and 1 have been satisfied in the past.
mattressman ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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mattressman ltdCompanies House Filings - See Documents
