md warranty inspection services limited

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md warranty inspection services limited Company Information

Share MD WARRANTY INSPECTION SERVICES LIMITED

Company Number

05288783

Shareholders

md insurance services ltd

Group Structure

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Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Registered Address

2 shore lines building, shore road birkenhead, wirral, CH41 1AU

md warranty inspection services limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of MD WARRANTY INSPECTION SERVICES LIMITED at £3.3m based on a Turnover of £6.6m and 0.5x industry multiple (adjusted for size and gross margin).

md warranty inspection services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MD WARRANTY INSPECTION SERVICES LIMITED at £0 based on an EBITDA of £-12.4m and a 3.93x industry multiple (adjusted for size and gross margin).

md warranty inspection services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MD WARRANTY INSPECTION SERVICES LIMITED at £0 based on Net Assets of £-16.7m and 2.04x industry multiple (adjusted for liquidity).

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Md Warranty Inspection Services Limited Overview

Md Warranty Inspection Services Limited is a live company located in wirral, CH41 1AU with a Companies House number of 05288783. It operates in the other engineering activities sector, SIC Code 71129. Founded in November 2004, it's largest shareholder is md insurance services ltd with a 100% stake. Md Warranty Inspection Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.6m with declining growth in recent years.

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Md Warranty Inspection Services Limited Health Check

Pomanda's financial health check has awarded Md Warranty Inspection Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £6.6m, make it larger than the average company (£5.1m)

£6.6m - Md Warranty Inspection Services Limited

£5.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (8.2%)

-18% - Md Warranty Inspection Services Limited

8.2% - Industry AVG

production

Production

with a gross margin of 32.9%, this company has a comparable cost of product (32.9%)

32.9% - Md Warranty Inspection Services Limited

32.9% - Industry AVG

profitability

Profitability

an operating margin of -187.1% make it less profitable than the average company (5.8%)

-187.1% - Md Warranty Inspection Services Limited

5.8% - Industry AVG

employees

Employees

with 188 employees, this is above the industry average (34)

188 - Md Warranty Inspection Services Limited

34 - Industry AVG

paystructure

Pay Structure

on an average salary of £81.2k, the company has a higher pay structure (£58k)

£81.2k - Md Warranty Inspection Services Limited

£58k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £35.4k, this is less efficient (£136.4k)

£35.4k - Md Warranty Inspection Services Limited

£136.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 210 days, this is later than average (66 days)

210 days - Md Warranty Inspection Services Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 213 days, this is slower than average (28 days)

213 days - Md Warranty Inspection Services Limited

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Md Warranty Inspection Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)

0 weeks - Md Warranty Inspection Services Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 264%, this is a higher level of debt than the average (57.6%)

264% - Md Warranty Inspection Services Limited

57.6% - Industry AVG

MD WARRANTY INSPECTION SERVICES LIMITED financials

EXPORTms excel logo

Md Warranty Inspection Services Limited's latest turnover from December 2023 is £6.6 million and the company has net assets of -£16.7 million. According to their latest financial statements, Md Warranty Inspection Services Limited has 188 employees and maintains cash reserves of £818 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover6,646,45412,734,23014,762,35112,072,34716,643,60718,143,35615,364,18812,315,466105,00825,053,66917,283,85214,248,37913,332,72212,037,942
Other Income Or Grants
Cost Of Sales4,457,2528,582,77410,027,1098,342,79513,703,91215,850,80713,051,93410,192,53570,23716,685,26611,604,1759,381,2898,513,1217,367,007
Gross Profit2,189,2024,151,4564,735,2423,729,5532,939,6952,292,5492,312,2542,122,93134,7718,368,4025,679,6774,867,0904,819,6014,670,935
Admin Expenses14,624,7798,548,9604,703,5173,968,6602,901,7152,184,4842,306,3772,109,607-5,7278,312,6205,625,0454,809,2875,539,8183,947,334-300,285
Operating Profit-12,435,577-4,397,50431,725-239,10737,980108,0655,87713,32440,49855,78254,63257,803-720,217723,601300,285
Interest Payable23,07331,72527,74799
Interest Receivable167968278711621122640342515
Pre-Tax Profit-12,435,577-4,420,577-266,83838,059108,03458,60413,41140,61455,99254,85757,842-720,183723,626300,300
Tax44,174-32,26023,875-8,123-11,758-12,617-13,882-202,615-84,084
Profit After Tax-12,435,577-4,420,577-222,66438,05975,77458,60437,28632,49144,23442,24043,960-720,183521,011216,216
Dividends Paid
Retained Profit-12,435,577-4,420,577-222,66438,05975,77458,60437,28632,49144,23442,24043,960-720,183521,011216,216
Employee Costs15,268,15414,097,15511,554,03010,860,1068,636,0616,997,9546,540,0475,431,35149,6098,675,5356,145,1005,469,0915,260,5275,053,641
Number Of Employees1882071942031481201191071174129120119121
EBITDA*-12,398,182-4,361,23160,899-185,95537,980108,0658,22116,98844,67460,77557,11059,131-719,400723,772300,285

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets77,789102,94583,99939,37086,4022,3446,00810,1847,8393,7243,0951,469
Intangible Assets
Investments & Other
Debtors (Due After 1 year)6,234,1941,620,9442,378,6831,741,1822,952,150
Total Fixed Assets6,311,9831,723,8892,462,6821,780,5523,038,5522,3446,00810,1847,8393,7243,0951,469
Stock & work in progress
Trade Debtors3,835,5024,317,2983,878,6817,034,7907,591,24310,554,1738,288,8316,614,5213,575,8102,554,3742,098,8312,145,9572,271,211577,125
Group Debtors4,602,7854,603,1224,906,4594,932,7854,462,1975,189,8394,432,2437,188,412
Misc Debtors29,3651,095,345729,588641,902602,052233,78938,00940,23631,998
Cash81820,92812,88611,00111,32526,4866,53915,58845,47987583,4586,7769,0494,3625,817
misc current assets
total current assets3,865,68510,036,3569,224,27712,594,15213,137,40515,276,64513,523,21811,102,5887,265,8893,576,6852,637,8322,105,6072,155,0062,275,573582,942
total assets10,177,66811,760,24511,686,95914,374,70416,175,95715,276,64513,523,21811,104,9327,271,8973,586,8692,645,6712,109,3312,158,1012,277,042582,942
Bank overdraft
Bank loan
Trade Creditors 2,607,008774,478128,4211,251,8972,024,95514,15539,90610,9633,439,2912,542,3272,048,2272,140,9571,539,715366,626
Group/Directors Accounts2,885,2495,733,0457,777,6147,175,6035,516,1533,384,909
other short term finances523,544
hp & lease commitments
other current liabilities8,341,9067,559,5876,520,0245,944,9815,983,5967,735,1547,691,2007,502,6687,080,865
total current liabilities10,948,9148,334,06510,057,23812,929,92315,786,16514,924,91213,247,25910,887,5777,091,8283,439,2912,542,3272,048,2272,140,9571,539,715366,626
loans12,217,9115,872,517
hp & lease commitments
Accruals and Deferred Income3,699,8691,807,1121,462,5931,277,653
other liabilities
provisions
total long term liabilities15,917,7807,679,6291,462,5931,277,653
total liabilities26,866,69416,013,69411,519,83114,207,57615,786,16514,924,91213,247,25910,887,5777,091,8283,439,2912,542,3272,048,2272,140,9571,539,715366,626
net assets-16,689,026-4,253,449167,128167,128389,792351,733275,959217,355180,069147,578103,34461,10417,144737,327216,316
total shareholders funds-16,689,026-4,253,449167,128167,128389,792351,733275,959217,355180,069147,578103,34461,10417,144737,327216,316
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-12,435,577-4,397,50431,725-239,10737,980108,0655,87713,32440,49855,78254,63257,803-720,217723,601300,285
Depreciation37,39536,27329,17453,1522,3443,6644,1764,9932,4781,328817171
Amortisation
Tax44,174-32,26023,875-8,123-11,758-12,617-13,882-202,615-84,084
Stock
Debtors-1,537,31146,298-2,734,259-1,753,897828,0711,733,4802,429,6793,866,5903,644,6001,021,436455,543-47,126-125,2541,694,086577,125
Creditors1,832,530646,057-1,123,476-773,0582,010,800-25,75139,906-10,963-3,428,328896,964494,100-92,730601,2421,173,089366,626
Accruals and Deferred Income2,675,0761,384,082759,9831,239,038-1,751,55843,954188,532421,8037,080,865
Deferred Taxes & Provisions
Cash flow from operations-6,353,265-2,377,3902,431,6652,078,096-530,849-1,639,472-2,193,020-3,414,88744,488-75,45583,050-3557,0961605,702
Investing Activities
capital expenditure-12,239-55,219-73,803-6,120-86,402-7,338-6,593-1,957-2,443-1,640
Change in Investments
cash flow from investments-12,239-55,219-73,803-6,120-86,402-7,338-6,593-1,957-2,443-1,640
Financing Activities
Bank loans
Group/Directors Accounts-2,885,249-2,847,796-2,044,569602,0111,659,4502,131,2443,384,909
Other Short Term Loans -523,544523,544
Long term loans6,345,3945,872,517
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-23,073-31,725-27,73179-31278711621122640342515
cash flow from financing6,345,3942,440,651-2,355,977-2,072,300602,0901,659,4192,131,2713,384,996116211226403425115
cash and cash equivalents
cash-20,1108,0421,885-324-15,16119,947-9,049-29,89144,604-82,58376,682-2,2734,687-1,4555,817
overdraft
change in cash-20,1108,0421,885-324-15,16119,947-9,049-29,89144,604-82,58376,682-2,2734,687-1,4555,817

md warranty inspection services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Md Warranty Inspection Services Limited Competitor Analysis

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Perform a competitor analysis for md warranty inspection services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in CH41 area or any other competitors across 12 key performance metrics.

md warranty inspection services limited Ownership

MD WARRANTY INSPECTION SERVICES LIMITED group structure

Md Warranty Inspection Services Limited has no subsidiary companies.

Ultimate parent company

1 parent

MD WARRANTY INSPECTION SERVICES LIMITED

05288783

MD WARRANTY INSPECTION SERVICES LIMITED Shareholders

md insurance services ltd 100%

md warranty inspection services limited directors

Md Warranty Inspection Services Limited currently has 3 directors. The longest serving directors include Mr Keith Evans (Feb 2024) and Mr David Swigciski (May 2024).

officercountryagestartendrole
Mr Keith Evans66 years Feb 2024- Director
Mr David SwigciskiEngland52 years May 2024- Director
Mrs Christine Stephenson42 years May 2024- Director

P&L

December 2023

turnover

6.6m

-48%

operating profit

-12.4m

+183%

gross margin

33%

+1.03%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-16.7m

+2.92%

total assets

10.2m

-0.13%

cash

818

-0.96%

net assets

Total assets minus all liabilities

md warranty inspection services limited company details

company number

05288783

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

November 2004

age

21

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

labc new home warranty surveyors limited (March 2015)

keystone inspection services limited (April 2007)

accountant

-

auditor

ERNST & YOUNG LLP

address

2 shore lines building, shore road birkenhead, wirral, CH41 1AU

Bank

-

Legal Advisor

-

md warranty inspection services 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 did not find charges/mortgages relating to md warranty inspection services limited.

md warranty inspection services limited 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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md warranty inspection services limited Companies House Filings - See Documents

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