m8trix precision engineering limited

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m8trix precision engineering limited Company Information

Share M8TRIX PRECISION ENGINEERING LIMITED

Company Number

05392077

Shareholders

andrew ian watson

patricia anne watson

Group Structure

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Industry

Other manufacturing n.e.c.

 

Registered Address

6 high street, ely, cambridgeshire, CB7 4JU

Website

-

m8trix precision engineering limited Estimated Valuation

£87.6k

Pomanda estimates the enterprise value of M8TRIX PRECISION ENGINEERING LIMITED at £87.6k based on a Turnover of £134.2k and 0.65x industry multiple (adjusted for size and gross margin).

m8trix precision engineering limited Estimated Valuation

£51.3k

Pomanda estimates the enterprise value of M8TRIX PRECISION ENGINEERING LIMITED at £51.3k based on an EBITDA of £11.7k and a 4.37x industry multiple (adjusted for size and gross margin).

m8trix precision engineering limited Estimated Valuation

£40.1k

Pomanda estimates the enterprise value of M8TRIX PRECISION ENGINEERING LIMITED at £40.1k based on Net Assets of £18.7k and 2.14x industry multiple (adjusted for liquidity).

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M8trix Precision Engineering Limited Overview

M8trix Precision Engineering Limited is a live company located in cambridgeshire, CB7 4JU with a Companies House number of 05392077. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in March 2005, it's largest shareholder is andrew ian watson with a 65% stake. M8trix Precision Engineering Limited is a mature, micro sized company, Pomanda has estimated its turnover at £134.2k with declining growth in recent years.

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M8trix Precision Engineering Limited Health Check

Pomanda's financial health check has awarded M8Trix Precision Engineering Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £134.2k, make it smaller than the average company (£13.6m)

£134.2k - M8trix Precision Engineering Limited

£13.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.6%)

-1% - M8trix Precision Engineering Limited

8.6% - Industry AVG

production

Production

with a gross margin of 30.3%, this company has a comparable cost of product (30.3%)

30.3% - M8trix Precision Engineering Limited

30.3% - Industry AVG

profitability

Profitability

an operating margin of 2.3% make it less profitable than the average company (6.5%)

2.3% - M8trix Precision Engineering Limited

6.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (71)

2 - M8trix Precision Engineering Limited

71 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)

£42.3k - M8trix Precision Engineering Limited

£42.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67.1k, this is less efficient (£175.2k)

£67.1k - M8trix Precision Engineering Limited

£175.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is earlier than average (53 days)

15 days - M8trix Precision Engineering Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (42 days)

21 days - M8trix Precision Engineering Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - M8trix Precision Engineering Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (14 weeks)

10 weeks - M8trix Precision Engineering Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 70.4%, this is a higher level of debt than the average (46.6%)

70.4% - M8trix Precision Engineering Limited

46.6% - Industry AVG

M8TRIX PRECISION ENGINEERING LIMITED financials

EXPORTms excel logo

M8Trix Precision Engineering Limited's latest turnover from March 2024 is estimated at £134.2 thousand and the company has net assets of £18.7 thousand. According to their latest financial statements, M8Trix Precision Engineering Limited has 2 employees and maintains cash reserves of £6.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover134,171115,485108,579138,596202,203183,475171,815201,064148,828108,448146,925152,888141,914139,900100,651
Other Income Or Grants
Cost Of Sales93,49580,97176,17799,090142,391127,367118,075135,843100,64274,04099,445104,01395,71594,35567,633
Gross Profit40,67634,51432,40239,50559,81356,10853,74065,22148,18634,40847,48048,87446,19945,54533,018
Admin Expenses37,57438,88023,64254,21562,93250,54746,73052,32347,73934,71230,06055,47547,56723,89839,771
Operating Profit3,102-4,3668,760-14,710-3,1195,5617,01012,898447-30417,420-6,601-1,36821,647-6,753
Interest Payable6701,738743287714455
Interest Receivable3982083146436
Pre-Tax Profit2,829-5,8968,048-14,706-3,1135,6046,72812,184-8-30417,419-6,601-1,36821,647-6,753
Tax-707-1,529-1,065-1,278-2,437-4,006-6,061
Profit After Tax2,122-5,8966,519-14,706-3,1134,5395,4509,747-8-30413,413-6,601-1,36815,586-6,753
Dividends Paid
Retained Profit2,122-5,8966,519-14,706-3,1134,5395,4509,747-8-30413,413-6,601-1,36815,586-6,753
Employee Costs84,55279,91576,415109,935109,873108,204104,933101,40299,37932,67463,20162,94362,79960,97829,601
Number Of Employees222333333122221
EBITDA*11,7455,82516,568-9,0343,28513,18615,35821,4019,2852,32032,03111,10918,38636,35210,126

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets48,49057,13365,42428,90837,04943,45351,07854,62158,97261,00063,62494,621111,378127,24171,401
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets48,49057,13365,42428,90837,04943,45351,07854,62158,97261,00063,62494,621111,378127,24171,401
Stock & work in progress7501,2533,99810,51911,3542,494
Trade Debtors5,8719581,12894422,50316,03213,89823,0585,88611,86419,87613,0396,9707,8583,598
Group Debtors
Misc Debtors2,0592,1852,3261,6851,8722,0201,4241,8581,546
Cash6,8128,3361,4386,7992,0059,0962,385559
misc current assets
total current assets14,74211,4794,8929,42826,38027,14817,70724,9217,43712,61421,12917,03717,49819,2126,092
total assets63,23268,61270,31638,33663,42970,60168,78579,54266,40973,61484,753111,658128,876146,45377,493
Bank overdraft8,83414,01311
Bank loan
Trade Creditors 5,4724,6775,2753,3973,9343,5906,49711,3634,53647,22558,23872,39973,11071,44055,899
Group/Directors Accounts
other short term finances11,91522,000
hp & lease commitments
other current liabilities26,91121,1328,10913,46522,07925,33423,78525,20421,926
total current liabilities32,38337,72435,38416,86226,01328,92430,28245,40140,47547,22558,23872,41073,11071,44055,899
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities8001,00050023,48330,95245,94421,484
provisions12,12214,28312,4315,4926,7287,8769,24110,32911,06911,31611,63814,80117,24920,1366,763
total long term liabilities12,12214,28312,4315,4926,7287,8769,24110,32911,86912,31612,13838,28448,20166,08028,247
total liabilities44,50552,00747,81522,35432,74136,80039,52355,73052,34459,54170,376110,694121,311137,52084,146
net assets18,72716,60522,50115,98230,68833,80129,26223,81214,06514,07314,3779647,5658,933-6,653
total shareholders funds18,72716,60522,50115,98230,68833,80129,26223,81214,06514,07314,3779647,5658,933-6,653
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit3,102-4,3668,760-14,710-3,1195,5617,01012,898447-30417,420-6,601-1,36821,647-6,753
Depreciation8,64310,1917,8085,6766,4047,6258,3488,5038,8382,62414,61117,71019,75414,70516,879
Amortisation
Tax-707-1,529-1,065-1,278-2,437-4,006-6,061
Stock-750-503-2,745-6,521-8358,8602,494
Debtors4,787-311825-21,7466,3232,730-9,59417,484-4,432-8,0126,8376,069-8884,2603,598
Creditors795-5981,878-537344-2,907-4,8666,827-42,689-11,013-14,161-7111,67015,54155,899
Accruals and Deferred Income5,77913,023-5,356-8,614-3,2551,549-1,4193,27821,926
Deferred Taxes & Provisions-2,1611,8526,939-1,236-1,148-1,365-1,088-740-247-322-3,163-2,448-2,88713,3736,763
Cash flow from operations10,66420,41317,6752,325-7,0976,66816,30110,845-6,543-5006,6098,40218,89246,08566,696
Investing Activities
capital expenditure-1,900-44,3242,465-4,805-4,152-6,81016,386-953-3,891-70,545-88,280
Change in Investments
cash flow from investments-1,900-44,3242,465-4,805-4,152-6,81016,386-953-3,891-70,545-88,280
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -11,915-10,08522,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-800-200500-22,983-7,469-14,99224,46021,484
share issue100
interest-272-1,530-7124643-281-714-455
cash flow from financing-12,187-11,61521,2884643-281-1,514-655500-22,983-7,469-14,99224,46021,584
cash and cash equivalents
cash-1,5246,898-5,3614,794-7,0916,7112,3805-99
overdraft-8,834-5,17914,013-1111
change in cash-1,5246,898-5,3614,794-7,0916,71111,2145,179-14,00811-209

m8trix precision engineering 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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M8trix Precision Engineering Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for m8trix precision engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in CB7 area or any other competitors across 12 key performance metrics.

m8trix precision engineering limited Ownership

M8TRIX PRECISION ENGINEERING LIMITED group structure

M8Trix Precision Engineering Limited has no subsidiary companies.

Ultimate parent company

M8TRIX PRECISION ENGINEERING LIMITED

05392077

M8TRIX PRECISION ENGINEERING LIMITED Shareholders

andrew ian watson 65%
patricia anne watson 35%

m8trix precision engineering limited directors

M8Trix Precision Engineering Limited currently has 2 directors. The longest serving directors include Ms Patricia Watson (Mar 2005) and Mr Andrew Watson (Mar 2005).

officercountryagestartendrole
Ms Patricia Watson62 years Mar 2005- Director
Mr Andrew Watson63 years Mar 2005- Director

P&L

March 2024

turnover

134.2k

+16%

operating profit

3.1k

0%

gross margin

30.4%

+1.44%

turnover

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

Balance Sheet

March 2024

net assets

18.7k

+0.13%

total assets

63.2k

-0.08%

cash

6.8k

-0.18%

net assets

Total assets minus all liabilities

m8trix precision engineering limited company details

company number

05392077

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

March 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

6 high street, ely, cambridgeshire, CB7 4JU

Bank

-

Legal Advisor

-

m8trix precision engineering 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 m8trix precision engineering limited.

m8trix precision engineering 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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m8trix precision engineering limited Companies House Filings - See Documents

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