mw high tech projects uk limited
mw high tech projects uk limited Company Information
Company Number
05179071
Website
www.mwgroup.netRegistered Address
first floor b2 methuen south, methuen park, chippenham, wiltshire, SN14 0GT
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
01249455150
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
m & w germany gmbh 100%
mw high tech projects uk limited Estimated Valuation
Pomanda estimates the enterprise value of MW HIGH TECH PROJECTS UK LIMITED at £0 based on a Turnover of £1.6m and -9.09x industry multiple (adjusted for size and gross margin).
mw high tech projects uk limited Estimated Valuation
Pomanda estimates the enterprise value of MW HIGH TECH PROJECTS UK LIMITED at £2.9b based on an EBITDA of £-23.7m and a -121.53x industry multiple (adjusted for size and gross margin).
mw high tech projects uk limited Estimated Valuation
Pomanda estimates the enterprise value of MW HIGH TECH PROJECTS UK LIMITED at £0 based on Net Assets of £-120.8m and 2.03x industry multiple (adjusted for liquidity).
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Mw High Tech Projects Uk Limited Overview
Mw High Tech Projects Uk Limited is a live company located in chippenham, SN14 0GT with a Companies House number of 05179071. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 2004, it's largest shareholder is m & w germany gmbh with a 100% stake. Mw High Tech Projects Uk Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Mw High Tech Projects Uk Limited Health Check
Pomanda's financial health check has awarded Mw High Tech Projects Uk Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
9 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£6.2m)
£1.6m - Mw High Tech Projects Uk Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (4.5%)
-73% - Mw High Tech Projects Uk Limited
4.5% - Industry AVG
Production
with a gross margin of -1418.4%, this company has a higher cost of product (24.2%)
-1418.4% - Mw High Tech Projects Uk Limited
24.2% - Industry AVG
Profitability
an operating margin of -1513.7% make it less profitable than the average company (5.4%)
-1513.7% - Mw High Tech Projects Uk Limited
5.4% - Industry AVG
Employees
with 11 employees, this is below the industry average (31)
11 - Mw High Tech Projects Uk Limited
31 - Industry AVG
Pay Structure
on an average salary of £147.3k, the company has a higher pay structure (£45.4k)
£147.3k - Mw High Tech Projects Uk Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £142.4k, this is less efficient (£182.7k)
£142.4k - Mw High Tech Projects Uk Limited
£182.7k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (57 days)
19 days - Mw High Tech Projects Uk Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 135 days, this is slower than average (39 days)
135 days - Mw High Tech Projects Uk Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mw High Tech Projects Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Mw High Tech Projects Uk Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2355.9%, this is a higher level of debt than the average (62.6%)
2355.9% - Mw High Tech Projects Uk Limited
62.6% - Industry AVG
MW HIGH TECH PROJECTS UK LIMITED financials
Mw High Tech Projects Uk Limited's latest turnover from December 2022 is £1.6 million and the company has net assets of -£120.8 million. According to their latest financial statements, Mw High Tech Projects Uk Limited has 11 employees and maintains cash reserves of £375 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,566,000 | 13,425,000 | 5,628,000 | 79,736,000 | 141,570,000 | 172,909,000 | 214,528,000 | 255,430,000 | 309,069,000 | 330,048,000 | 246,378,000 | 182,796,000 | 68,700,000 | 47,171,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 23,779,000 | 15,800,000 | 152,657,000 | 117,841,000 | 220,649,000 | 290,965,000 | 290,308,000 | 233,339,000 | 295,870,000 | 308,584,000 | 226,422,000 | 166,323,000 | 60,827,000 | 49,942,000 |
| Gross Profit | -22,213,000 | -2,375,000 | -147,029,000 | -38,105,000 | -79,079,000 | -118,056,000 | -75,780,000 | 22,091,000 | 13,199,000 | 21,464,000 | 19,956,000 | 16,473,000 | 7,873,000 | -2,771,000 |
| Admin Expenses | 1,491,000 | -2,958,000 | 874,000 | -1,093,000 | -167,332,000 | 16,041,000 | 13,796,000 | 14,229,000 | 9,590,000 | 8,734,000 | 7,447,000 | 9,126,000 | 5,450,000 | 2,339,000 |
| Operating Profit | -23,704,000 | 583,000 | -147,903,000 | -37,012,000 | 88,253,000 | -134,097,000 | -89,576,000 | 7,862,000 | 3,609,000 | 12,730,000 | 12,509,000 | 7,347,000 | 2,423,000 | -5,110,000 |
| Interest Payable | 164,000 | 118,000 | 178,000 | 1,537,000 | 1,509,000 | 212,000 | 78,000 | 15,000 | 36,000 | 1,000 | 8,000 | 42,000 | 247,000 | 479,000 |
| Interest Receivable | 37,000 | 0 | 1,000 | 188,000 | 123,000 | 50,000 | 40,000 | 46,000 | 87,000 | 11,000 | 50,000 | 1,434,000 | 11,000 | 141,000 |
| Pre-Tax Profit | -23,831,000 | 465,000 | -148,080,000 | -38,319,000 | 90,347,000 | -135,647,000 | -89,101,000 | 7,882,000 | 2,257,000 | 12,768,000 | 13,010,000 | 8,739,000 | 2,187,000 | -5,448,000 |
| Tax | -207,000 | -963,000 | 0 | -921,000 | -345,000 | -6,379,000 | 6,653,000 | -1,592,000 | -415,000 | -3,101,000 | -2,478,000 | -2,481,000 | -634,000 | 1,579,000 |
| Profit After Tax | -24,038,000 | -498,000 | -148,080,000 | -39,240,000 | 90,002,000 | -142,026,000 | -82,448,000 | 6,290,000 | 1,842,000 | 9,667,000 | 10,532,000 | 6,258,000 | 1,553,000 | -3,869,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -24,038,000 | -498,000 | -148,080,000 | -39,240,000 | 90,002,000 | -142,026,000 | -82,448,000 | 6,290,000 | 1,842,000 | 9,681,000 | 10,500,000 | 6,248,000 | 1,553,000 | -3,869,000 |
| Employee Costs | 1,620,000 | 2,392,000 | 3,382,000 | 8,071,000 | 18,059,000 | 19,568,000 | 20,749,000 | 30,065,000 | 27,586,000 | 24,305,000 | 13,984,000 | 9,375,000 | 5,100,000 | 4,766,000 |
| Number Of Employees | 11 | 20 | 37 | 88 | 207 | 243 | 254 | 550 | 513 | 477 | 399 | 143 | 80 | 76 |
| EBITDA* | -23,703,000 | 611,000 | -147,776,000 | -36,798,000 | 88,742,000 | -133,360,000 | -88,615,000 | 8,760,000 | 4,273,000 | 13,357,000 | 12,665,000 | 8,681,000 | 2,471,000 | -5,005,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,000 | 29,000 | 156,000 | 410,000 | 5,334,000 | 6,203,000 | 3,605,000 | 3,001,000 | 2,268,000 | 2,098,000 | 371,000 | 1,142,000 | 105,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 3,987,000 | 7,341,000 | 7,341,000 | 7,341,000 | 6,369,000 | 3,099,000 | 55,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 40,000 | 4,513,000 | 4,808,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,000,000 |
| Total Fixed Assets | 0 | 1,000 | 29,000 | 156,000 | 410,000 | 5,334,000 | 10,190,000 | 10,946,000 | 10,342,000 | 9,609,000 | 8,467,000 | 3,470,000 | 1,197,000 | 7,105,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 249,000 | 1,261,000 | 2,710,000 | 651,000 | 944,000 | 3,000 | 0 | 995,000 |
| Trade Debtors | 82,000 | 60,000 | 6,985,000 | 10,068,000 | 6,028,000 | 11,644,000 | 13,444,000 | 81,719,000 | 51,743,000 | 30,380,000 | 16,803,000 | 15,109,000 | 8,170,000 | 7,299,000 |
| Group Debtors | 13,000 | 509,000 | 533,000 | 1,179,000 | 3,626,000 | 7,013,000 | 15,801,000 | 27,233,000 | 14,745,000 | 18,169,000 | 3,081,000 | 10,160,000 | 180,000 | 1,994,000 |
| Misc Debtors | 885,000 | 1,177,000 | 1,856,000 | 1,753,000 | 24,020,000 | 21,712,000 | 69,840,000 | 1,060,000 | 2,057,000 | 62,784,000 | 58,087,000 | 13,743,000 | 16,635,000 | 7,270,000 |
| Cash | 375,000 | 874,000 | 675,000 | 536,000 | 1,121,000 | 2,916,000 | 10,096,000 | 28,228,000 | 20,986,000 | 23,266,000 | 20,292,000 | 23,777,000 | 8,536,000 | 2,709,000 |
| misc current assets | 4,000,000 | 6,010,000 | 0 | 7,321,000 | 0 | 0 | 0 | 60,000 | 478,000 | 47,000 | 0 | 21,000 | 51,000 | 0 |
| total current assets | 5,355,000 | 8,630,000 | 10,049,000 | 20,857,000 | 34,795,000 | 43,285,000 | 109,430,000 | 139,561,000 | 92,719,000 | 135,297,000 | 99,207,000 | 62,813,000 | 33,572,000 | 20,267,000 |
| total assets | 5,355,000 | 8,631,000 | 10,078,000 | 21,013,000 | 35,205,000 | 48,619,000 | 119,620,000 | 150,507,000 | 103,061,000 | 144,906,000 | 107,674,000 | 66,283,000 | 34,769,000 | 27,372,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,808,000 | 29,350,000 | 62,811,000 | 19,929,000 | 34,072,000 | 67,492,000 | 58,063,000 | 83,350,000 | 57,860,000 | 85,373,000 | 39,694,000 | 39,915,000 | 28,369,000 | 14,191,000 |
| Group/Directors Accounts | 98,106,000 | 209,000 | 142,000 | 3,736,000 | 0 | 0 | 0 | 0 | 0 | 0 | 2,465,000 | 0 | 0 | 13,828,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 160,000 | 158,000 | 157,000 | 156,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 131,000 | 452,000 | 796,000 | 18,881,000 | 51,527,000 | 168,926,000 | 94,111,000 | 31,162,000 | 15,185,000 | 31,057,000 | 46,731,000 | 18,131,000 | 4,449,000 | 1,710,000 |
| total current liabilities | 107,205,000 | 30,169,000 | 63,906,000 | 42,702,000 | 85,599,000 | 236,418,000 | 152,174,000 | 114,512,000 | 73,045,000 | 116,430,000 | 88,890,000 | 58,046,000 | 32,818,000 | 29,729,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 67,000 | 226,000 | 388,000 | 545,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 19,675,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 18,885,000 | 75,000,000 | 75,000,000 | 5,000,000 | 0 | 18,906,000 | 36,390,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,952,000 | 75,226,000 | 95,063,000 | 5,545,000 | 0 | 9,453,000 | 18,195,000 | 0 | 16,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 126,157,000 | 105,395,000 | 158,969,000 | 48,247,000 | 85,599,000 | 245,871,000 | 170,369,000 | 114,512,000 | 73,061,000 | 116,430,000 | 88,890,000 | 58,046,000 | 32,818,000 | 29,729,000 |
| net assets | -120,802,000 | -96,764,000 | -148,891,000 | -27,234,000 | -50,394,000 | -197,252,000 | -50,749,000 | 35,995,000 | 30,000,000 | 28,445,000 | 18,739,000 | 8,224,000 | 1,951,000 | -2,357,000 |
| total shareholders funds | -120,802,000 | -96,764,000 | -148,891,000 | -27,234,000 | -50,394,000 | -197,252,000 | -50,749,000 | 35,995,000 | 30,000,000 | 28,445,000 | 18,739,000 | 8,224,000 | 1,951,000 | -2,357,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -23,704,000 | 583,000 | -147,903,000 | -37,012,000 | 88,253,000 | -134,097,000 | -89,576,000 | 7,862,000 | 3,609,000 | 12,730,000 | 12,509,000 | 7,347,000 | 2,423,000 | -5,110,000 |
| Depreciation | 1,000 | 28,000 | 127,000 | 214,000 | 489,000 | 737,000 | 961,000 | 898,000 | 664,000 | 352,000 | 156,000 | 94,000 | 48,000 | 50,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 275,000 | 0 | 1,240,000 | 0 | 55,000 |
| Tax | -207,000 | -963,000 | 0 | -921,000 | -345,000 | -6,379,000 | 6,653,000 | -1,592,000 | -415,000 | -3,101,000 | -2,478,000 | -2,481,000 | -634,000 | 1,579,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | -249,000 | -1,012,000 | -1,449,000 | 2,059,000 | -293,000 | 941,000 | 3,000 | -995,000 | 995,000 |
| Debtors | -766,000 | -7,628,000 | -3,626,000 | -20,674,000 | -6,695,000 | -58,716,000 | -10,927,000 | 41,467,000 | -42,788,000 | 33,362,000 | 38,959,000 | 14,027,000 | 1,422,000 | 23,563,000 |
| Creditors | -20,542,000 | -33,461,000 | 42,882,000 | -14,143,000 | -33,420,000 | 9,429,000 | -25,287,000 | 25,490,000 | -27,513,000 | 45,679,000 | -221,000 | 11,546,000 | 14,178,000 | 14,191,000 |
| Accruals and Deferred Income | -321,000 | -344,000 | -18,085,000 | -32,646,000 | -117,399,000 | 74,815,000 | 62,949,000 | 15,961,000 | -15,856,000 | -15,674,000 | 28,600,000 | 13,682,000 | 2,739,000 | 1,710,000 |
| Deferred Taxes & Provisions | -56,115,000 | 0 | 70,000,000 | 5,000,000 | -18,906,000 | -17,484,000 | 36,390,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -100,122,000 | -26,529,000 | -49,353,000 | -58,834,000 | -74,633,000 | -14,014,000 | 4,029,000 | 8,601,000 | 1,218,000 | 7,192,000 | -1,334,000 | 17,398,000 | 18,327,000 | -12,083,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | -40,000 | -4,473,000 | -295,000 | 4,808,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 97,897,000 | 67,000 | -3,594,000 | 3,736,000 | 0 | 0 | 0 | 0 | 0 | -2,465,000 | 2,465,000 | 0 | -13,828,000 | 13,828,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -157,000 | -161,000 | -156,000 | 701,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -19,675,000 | 19,675,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -127,000 | -118,000 | -177,000 | -1,349,000 | -1,386,000 | -162,000 | -38,000 | 31,000 | 51,000 | 10,000 | 42,000 | 1,392,000 | -236,000 | -338,000 |
| cash flow from financing | 97,613,000 | 32,738,000 | 42,171,000 | 65,488,000 | 55,470,000 | -4,639,000 | -4,334,000 | -264,000 | -236,000 | -2,430,000 | 2,522,000 | 1,417,000 | -11,309,000 | 15,002,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -499,000 | 199,000 | 139,000 | -585,000 | -1,795,000 | -7,180,000 | -18,132,000 | 7,242,000 | -2,280,000 | 2,974,000 | -3,485,000 | 15,241,000 | 5,827,000 | 2,709,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -499,000 | 199,000 | 139,000 | -585,000 | -1,795,000 | -7,180,000 | -18,132,000 | 7,242,000 | -2,280,000 | 2,974,000 | -3,485,000 | 15,241,000 | 5,827,000 | 2,709,000 |
mw high tech projects uk limited Credit Report and Business Information
Mw High Tech Projects Uk Limited Competitor Analysis
Perform a competitor analysis for mw high tech projects uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mw high tech projects uk limited Ownership
MW HIGH TECH PROJECTS UK LIMITED group structure
Mw High Tech Projects Uk Limited has 1 subsidiary company.
Ultimate parent company
M+W GROUP GMBH
#0051005
M & W GERMANY GMBH
#0080124
2 parents
MW HIGH TECH PROJECTS UK LIMITED
05179071
1 subsidiary
mw high tech projects uk limited directors
Mw High Tech Projects Uk Limited currently has 2 directors. The longest serving directors include Mr Andrew Barrett (Mar 2016) and Mr Roy Meakin (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Barrett | United Kingdom | 58 years | Mar 2016 | - | Director |
| Mr Roy Meakin | United Kingdom | 56 years | Aug 2021 | - | Director |
P&L
December 2022turnover
1.6m
-88%
operating profit
-23.7m
-4166%
gross margin
-1418.4%
+7918%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-120.8m
+0.25%
total assets
5.4m
-0.38%
cash
375k
-0.57%
net assets
Total assets minus all liabilities
mw high tech projects uk limited company details
company number
05179071
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
July 2004
age
20
accounts
Full Accounts
ultimate parent company
previous names
m+w zander fe uk limited (December 2009)
incorporated
UK
address
first floor b2 methuen south, methuen park, chippenham, wiltshire, SN14 0GT
last accounts submitted
December 2022
mw high tech projects uk limited 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 2 charges/mortgages relating to mw high tech projects uk limited. Currently there are 2 open charges and 0 have been satisfied in the past.
mw high tech projects uk limited Companies House Filings - See Documents
| date | description | view/download |
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