Pomanda estimates the enterprise value of MILLAR HOWARD WORKSHOP LIMITED at £122k based on a Turnover of £274.8k and 0.44x industry multiple (adjusted for size and gross margin).
millar howard workshop limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MILLAR HOWARD WORKSHOP LIMITED at £0 based on an EBITDA of £-56.7k and a 4.04x industry multiple (adjusted for size and gross margin).
millar howard workshop limitedEstimated Valuation
£587.9k
Pomanda estimates the enterprise value of MILLAR HOWARD WORKSHOP LIMITED at £587.9k based on Net Assets of £183k and 3.21x industry multiple (adjusted for liquidity).
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Millar Howard Workshop LimitedOverview
Millar Howard Workshop Limited is a live company located in stroud, GL6 8NX with a Companies House number of 05456073. It operates in the architectural activities sector, SIC Code 71111. Founded in May 2005, it's largest shareholder is
tomas barnaby wilson millar
with a 50% stake. Millar Howard Workshop Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£274.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Millar Howard Workshop Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £274.8k, make it smaller than the average company (£764.4k)
£274.8k - Millar Howard Workshop Limited
£764.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (6.3%)
-23% - Millar Howard Workshop Limited
6.3% - Industry AVG
Production
with a gross margin of 35.7%, this company has a higher cost of product (47.4%)
35.7% - Millar Howard Workshop Limited
47.4% - Industry AVG
Profitability
an operating margin of -22% make it less profitable than the average company (8.4%)
-22% - Millar Howard Workshop Limited
8.4% - Industry AVG
Employees
with 7 employees, this is below the industry average (11)
7 - Millar Howard Workshop Limited
11 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
£50.6k - Millar Howard Workshop Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £39.3k, this is less efficient (£91k)
£39.3k - Millar Howard Workshop Limited
£91k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is near the average (82 days)
92 days - Millar Howard Workshop Limited
82 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (25 days)
72 days - Millar Howard Workshop Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Millar Howard Workshop Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 208 weeks, this is more cash available to meet short term requirements (31 weeks)
208 weeks - Millar Howard Workshop Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.1%, this is a lower level of debt than the average (50.2%)
16.1% - Millar Howard Workshop Limited
50.2% - Industry AVG
MILLAR HOWARD WORKSHOP LIMITED financials
EXPORT
Millar Howard Workshop Limited's latest turnover from March 2024 is estimated at £274.8 thousand and the company has net assets of £183 thousand. According to their latest financial statements, Millar Howard Workshop Limited has 7 employees and maintains cash reserves of £140.9 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
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
274,847
303,060
403,361
613,444
556,094
447,998
258,691
354,418
284,347
146,881
118,410
194,765
165,893
92,106
43,721
Other Income Or Grants
Cost Of Sales
176,843
195,263
270,760
425,778
383,062
300,419
174,079
231,657
173,782
92,978
74,900
121,330
102,815
56,921
26,008
Gross Profit
98,004
107,797
132,601
187,667
173,032
147,579
84,612
122,761
110,565
53,903
43,510
73,436
63,078
35,185
17,713
Admin Expenses
158,519
76,752
244,539
99,641
50,655
62,443
37,837
98,395
113,872
31,465
64,861
72,550
66,471
9,953
9,497
Operating Profit
-60,515
31,045
-111,938
88,026
122,377
85,136
46,775
24,366
-3,307
22,438
-21,351
886
-3,393
25,232
8,216
Interest Payable
Interest Receivable
9,860
8,566
632
328
308
91
213
158
149
197
189
143
38
Pre-Tax Profit
-50,655
39,611
-111,306
88,026
122,377
85,464
47,083
24,456
-3,094
22,596
-21,202
1,083
-3,204
25,375
8,254
Tax
-7,526
-16,725
-23,252
-16,238
-8,946
-4,891
-4,745
-260
-7,105
-2,311
Profit After Tax
-50,655
32,085
-111,306
71,301
99,125
69,226
38,137
19,565
-3,094
17,851
-21,202
823
-3,204
18,270
5,943
Dividends Paid
Retained Profit
-50,655
32,085
-111,306
71,301
99,125
69,226
38,137
19,565
-3,094
17,851
-21,202
823
-3,204
18,270
5,943
Employee Costs
354,384
482,121
539,758
456,425
453,194
528,836
522,000
551,503
531,359
87,611
44,476
84,654
83,345
40,355
41,555
Number Of Employees
7
10
12
10
10
12
12
12
12
2
1
2
2
1
1
EBITDA*
-56,730
37,149
-111,938
88,026
122,377
85,136
54,237
29,570
2,350
27,820
-15,651
7,706
2,198
28,718
9,040
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
6,782
7,535
3,443
9,004
3,508
4,164
9,722
5,384
7,558
6,244
7,488
9,590
11,981
13,529
1,529
Intangible Assets
Investments & Other
925
925
925
925
925
925
925
Debtors (Due After 1 year)
Total Fixed Assets
7,707
8,460
4,368
9,004
3,508
4,164
10,647
6,309
8,483
7,169
7,488
9,590
11,981
13,529
1,529
Stock & work in progress
Trade Debtors
69,435
51,769
100,233
236,062
212,076
122,333
20,250
26,793
6,542
42,163
34,475
56,129
48,032
27,445
14,135
Group Debtors
Misc Debtors
168,443
105,478
31,784
29,993
15,075
Cash
140,932
234,700
168,405
87,492
35,557
36,997
48,394
14,852
44,603
34,042
41,736
15,306
misc current assets
96,233
total current assets
210,367
286,469
268,638
404,505
317,554
218,566
139,526
92,343
58,614
90,557
49,327
100,732
82,074
69,181
29,441
total assets
218,074
294,929
273,006
413,509
321,062
222,730
150,173
98,652
67,097
97,726
56,815
110,322
94,055
82,710
30,970
Bank overdraft
Bank loan
Trade Creditors
35,109
61,309
71,471
92,430
73,195
76,793
997
2,500
79,145
56,085
88,390
72,946
58,397
24,927
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
74,337
63,600
49,110
total current liabilities
35,109
61,309
71,471
92,430
73,195
76,793
75,334
63,600
51,610
79,145
56,085
88,390
72,946
58,397
24,927
loans
hp & lease commitments
Accruals and Deferred Income
8,338
6,427
3,622
other liabilities
provisions
1,650
total long term liabilities
8,338
6,427
3,622
1,650
total liabilities
35,109
61,309
71,471
100,768
79,622
80,415
76,984
63,600
51,610
79,145
56,085
88,390
72,946
58,397
24,927
net assets
182,965
233,620
201,535
312,741
241,440
142,315
73,189
35,052
15,487
18,581
730
21,932
21,109
24,313
6,043
total shareholders funds
182,965
233,620
201,535
312,741
241,440
142,315
73,189
35,052
15,487
18,581
730
21,932
21,109
24,313
6,043
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-60,515
31,045
-111,938
88,026
122,377
85,136
46,775
24,366
-3,307
22,438
-21,351
886
-3,393
25,232
8,216
Depreciation
3,785
6,104
7,462
5,204
5,657
5,382
5,700
6,820
5,591
3,486
824
Amortisation
Tax
-7,526
-16,725
-23,252
-16,238
-8,946
-4,891
-4,745
-260
-7,105
-2,311
Stock
Debtors
17,666
-48,464
-304,272
86,951
195,221
70,299
-4,752
35,169
-20,546
7,688
-21,654
8,097
20,587
13,310
14,135
Creditors
-26,200
-10,162
-20,959
19,235
-3,598
75,796
997
-2,500
-76,645
23,060
-32,305
15,444
14,549
33,470
24,927
Accruals and Deferred Income
-8,338
1,911
2,805
-70,715
10,737
14,490
49,110
Deferred Taxes & Provisions
-1,650
1,650
Cash flow from operations
-100,596
67,925
163,037
5,496
-96,889
2,030
63,427
1,500
-4,639
38,447
-26,302
14,793
-3,840
41,773
17,521
Investing Activities
capital expenditure
-3,032
-10,196
5,561
-5,496
656
5,558
-11,800
-3,030
-6,971
-4,138
-3,598
-4,429
-4,043
-15,486
-2,353
Change in Investments
925
-925
925
cash flow from investments
-3,032
-10,196
4,636
-5,496
656
6,483
-11,800
-3,030
-6,971
-5,063
-3,598
-4,429
-4,043
-15,486
-2,353
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
-100
100
interest
9,860
8,566
632
328
308
91
213
158
149
197
189
143
38
cash flow from financing
9,860
8,566
732
228
308
91
213
158
149
197
189
143
138
cash and cash equivalents
cash
-93,768
66,295
168,405
-87,492
51,935
-1,440
-11,397
33,542
-29,751
10,561
-7,694
26,430
15,306
overdraft
change in cash
-93,768
66,295
168,405
-87,492
51,935
-1,440
-11,397
33,542
-29,751
10,561
-7,694
26,430
15,306
millar howard workshop limited 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 millar howard workshop limited. Get real-time insights into millar howard workshop limited's credit score, group structure and payment trends.
Millar Howard Workshop Limited Competitor Analysis
Perform a competitor analysis for millar howard workshop limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in GL6 area or any other competitors across 12 key performance metrics.
millar howard workshop limited Ownership
MILLAR HOWARD WORKSHOP LIMITED group structure
Millar Howard Workshop Limited has no subsidiary companies.
Ultimate parent company
MILLAR HOWARD WORKSHOP LIMITED
05456073
MILLAR HOWARD WORKSHOP LIMITED Shareholders
The largest shareholders in Millar Howard Workshop Limited include Tomas Barnaby Wilson Millar and Thomas Gravely Howard.
tomas barnaby wilson millar
50%
thomas gravely howard
50%
millar howard workshop limited directors
Millar Howard Workshop Limited currently has 2 directors.
The longest serving directors include
Mr Thomas Howard (May 2005) and
Mr Tomas Millar (Dec 2008).
st mary's mill st. marys, chalford, stroud, GL6 8NX
Bank
-
Legal Advisor
-
millar howard workshop 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 millar howard workshop limited.
millar howard workshop 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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millar howard workshop limitedCompanies House Filings - See Documents
