multi-tech engineering (uk) limited Company Information
Company Number
05779644
Website
http://mteuk.comRegistered Address
multi-tech engineering (uk) ltd, kirkhaw lane, knottingley, west yorkshire, WF11 8RD
Industry
Machining
Manufacture of other special-purpose machinery n.e.c.
Telephone
01977670514
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
richard donald smith 50%
deborah ann smith 50%
multi-tech engineering (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MULTI-TECH ENGINEERING (UK) LIMITED at £1.3m based on a Turnover of £2.6m and 0.5x industry multiple (adjusted for size and gross margin).
multi-tech engineering (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MULTI-TECH ENGINEERING (UK) LIMITED at £1.6m based on an EBITDA of £386k and a 4.06x industry multiple (adjusted for size and gross margin).
multi-tech engineering (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MULTI-TECH ENGINEERING (UK) LIMITED at £3.8m based on Net Assets of £2m and 1.88x industry multiple (adjusted for liquidity).
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Multi-tech Engineering (uk) Limited Overview
Multi-tech Engineering (uk) Limited is a live company located in knottingley, WF11 8RD with a Companies House number of 05779644. It operates in the machining sector, SIC Code 25620. Founded in April 2006, it's largest shareholder is richard donald smith with a 50% stake. Multi-tech Engineering (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £2.6m with healthy growth in recent years.
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Multi-tech Engineering (uk) Limited Health Check
Pomanda's financial health check has awarded Multi-Tech Engineering (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
5 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£10.8m)
- Multi-tech Engineering (uk) Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (3%)
- Multi-tech Engineering (uk) Limited
3% - Industry AVG
Production
with a gross margin of 29.6%, this company has a comparable cost of product (29.6%)
- Multi-tech Engineering (uk) Limited
29.6% - Industry AVG
Profitability
an operating margin of 6.3% make it as profitable than the average company (6.8%)
- Multi-tech Engineering (uk) Limited
6.8% - Industry AVG
Employees
with 17 employees, this is below the industry average (71)
17 - Multi-tech Engineering (uk) Limited
71 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Multi-tech Engineering (uk) Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £154.9k, this is equally as efficient (£158k)
- Multi-tech Engineering (uk) Limited
£158k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (61 days)
- Multi-tech Engineering (uk) Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (48 days)
- Multi-tech Engineering (uk) Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (79 days)
- Multi-tech Engineering (uk) Limited
79 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Multi-tech Engineering (uk) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.5%, this is a similar level of debt than the average (48.2%)
48.5% - Multi-tech Engineering (uk) Limited
48.2% - Industry AVG
MULTI-TECH ENGINEERING (UK) LIMITED financials
Multi-Tech Engineering (Uk) Limited's latest turnover from October 2023 is estimated at £2.6 million and the company has net assets of £2 million. According to their latest financial statements, Multi-Tech Engineering (Uk) Limited has 17 employees and maintains cash reserves of £3.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 17 | 15 | 21 | 21 | 21 | 23 | 29 | 28 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,884,994 | 2,568,260 | 2,558,498 | 2,604,836 | 2,690,839 | 2,756,999 | 2,865,212 | 3,008,152 | 3,157,670 | 3,115,733 | 3,277,713 | 3,387,320 | 1,762,108 | 1,139,485 | 1,107,213 |
Intangible Assets | 58,019 | 76,362 | 94,705 | 113,047 | 131,390 | 149,732 | 168,075 | 186,417 | 204,760 | 223,102 | 241,445 | 259,787 | 278,130 | 296,472 | 314,815 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
Total Fixed Assets | 2,943,013 | 2,644,622 | 2,653,203 | 2,717,883 | 2,822,229 | 2,906,731 | 3,033,287 | 3,194,569 | 3,362,430 | 3,338,835 | 3,519,158 | 3,647,107 | 2,040,238 | 1,435,957 | 1,422,028 |
Stock & work in progress | 161,223 | 325,550 | 312,120 | 250,942 | 218,528 | 145,736 | 160,599 | 169,656 | 199,636 | 246,496 | 309,799 | 199,288 | 122,810 | 114,548 | 92,993 |
Trade Debtors | 754,396 | 507,538 | 447,231 | 471,189 | 342,657 | 613,661 | 398,825 | 339,862 | 540,841 | 505,584 | 608,856 | 356,799 | 477,009 | 349,956 | 386,740 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 56,375 | 72,429 | 128,646 | 142,646 | 35,959 | 33,588 | 33,688 | 29,446 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 3,518 | 75,255 | 60,787 | 48,629 | 3,625 | 3,430 | 3,422 | 3,399 | 55,369 | 58,528 | 108,431 | 31,493 | 86,400 | 405,891 | 258,814 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 975,512 | 980,772 | 948,784 | 913,406 | 600,769 | 796,415 | 596,534 | 542,363 | 795,846 | 810,608 | 1,027,086 | 587,580 | 686,219 | 870,395 | 738,547 |
total assets | 3,918,525 | 3,625,394 | 3,601,987 | 3,631,289 | 3,422,998 | 3,703,146 | 3,629,821 | 3,736,932 | 4,158,276 | 4,149,443 | 4,546,244 | 4,234,687 | 2,726,457 | 2,306,352 | 2,160,575 |
Bank overdraft | 0 | 0 | 0 | 0 | 172,403 | 95,545 | 167,516 | 11,685 | 0 | 0 | 0 | 0 | 32,241 | 63,956 | 63,956 |
Bank loan | 465,481 | 111,111 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 172,362 | 248,136 | 164,225 | 256,334 | 107,883 | 94,413 | 134,119 | 132,843 | 598,383 | 655,030 | 869,352 | 740,695 | 766,804 | 657,271 | 719,070 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 504,635 | 330,778 | 384,435 | 215,176 | 258,406 | 455,029 | 314,178 | 291,309 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,142,478 | 690,025 | 548,660 | 471,510 | 538,692 | 644,987 | 615,813 | 435,837 | 598,383 | 655,030 | 869,352 | 740,695 | 799,045 | 721,227 | 783,026 |
loans | 637,559 | 928,106 | 1,217,302 | 1,351,950 | 931,010 | 1,023,972 | 1,149,881 | 1,326,718 | 1,506,211 | 1,656,556 | 1,813,493 | 1,934,164 | 451,377 | 435,659 | 487,231 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 20,479 | 57,144 | 91,879 | 133,028 | 31,674 | 87,034 | 123,221 | 22,685 | 36,513 | 54,042 |
provisions | 122,000 | 29,000 | 14,000 | 8,600 | 13,500 | 15,800 | 22,185 | 33,300 | 45,280 | 17,950 | 26,850 | 28,450 | 44,765 | 26,000 | 19,000 |
total long term liabilities | 759,559 | 957,106 | 1,231,302 | 1,360,550 | 944,510 | 1,060,251 | 1,229,210 | 1,451,897 | 1,684,519 | 1,706,180 | 1,927,377 | 2,085,835 | 518,827 | 498,172 | 560,273 |
total liabilities | 1,902,037 | 1,647,131 | 1,779,962 | 1,832,060 | 1,483,202 | 1,705,238 | 1,845,023 | 1,887,734 | 2,282,902 | 2,361,210 | 2,796,729 | 2,826,530 | 1,317,872 | 1,219,399 | 1,343,299 |
net assets | 2,016,488 | 1,978,263 | 1,822,025 | 1,799,229 | 1,939,796 | 1,997,908 | 1,784,798 | 1,849,198 | 1,875,374 | 1,788,233 | 1,749,515 | 1,408,157 | 1,408,585 | 1,086,953 | 817,276 |
total shareholders funds | 2,016,488 | 1,978,263 | 1,822,025 | 1,799,229 | 1,939,796 | 1,997,908 | 1,784,798 | 1,849,198 | 1,875,374 | 1,788,233 | 1,749,515 | 1,408,157 | 1,408,585 | 1,086,953 | 817,276 |
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 200,852 | 82,032 | 84,857 | 87,408 | 102,376 | 117,617 | 144,569 | 177,621 | 217,197 | 178,947 | 219,756 | 214,887 | 44,925 | 57,761 | 52,362 |
Amortisation | 18,343 | 18,343 | 18,342 | 18,343 | 18,342 | 18,343 | 18,342 | 18,343 | 18,342 | 18,343 | 18,342 | 18,343 | 18,342 | 18,343 | 18,342 |
Tax | |||||||||||||||
Stock | -164,327 | 13,430 | 61,178 | 32,414 | 72,792 | -14,863 | -9,057 | -29,980 | -46,860 | -63,303 | 110,511 | 76,478 | 8,262 | 21,555 | 92,993 |
Debtors | 230,804 | 4,090 | -37,958 | 235,219 | -268,633 | 214,736 | 63,205 | -171,533 | 35,257 | -103,272 | 252,057 | -120,210 | 127,053 | -36,784 | 386,740 |
Creditors | -75,774 | 83,911 | -92,109 | 148,451 | 13,470 | -39,706 | 1,276 | -465,540 | -56,647 | -214,322 | 128,657 | -26,109 | 109,533 | -61,799 | 719,070 |
Accruals and Deferred Income | 173,857 | -53,657 | 169,259 | -43,230 | -196,623 | 140,851 | 22,869 | 291,309 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 93,000 | 15,000 | 5,400 | -4,900 | -2,300 | -6,385 | -11,115 | -11,980 | 27,330 | -8,900 | -1,600 | -16,315 | 18,765 | 7,000 | 19,000 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 354,370 | 111,111 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -290,547 | -289,196 | -134,648 | 420,940 | -92,962 | -125,909 | -176,837 | -179,493 | -150,345 | -156,937 | -120,671 | 1,482,787 | 15,718 | -51,572 | 487,231 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | -20,479 | -36,665 | -34,735 | -41,149 | 101,354 | -55,360 | -36,187 | 100,536 | -13,828 | -17,529 | 54,042 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -71,737 | 14,468 | 12,158 | 45,004 | 195 | 8 | 23 | -51,970 | -3,159 | -49,903 | 76,938 | -54,907 | -319,491 | 147,077 | 258,814 |
overdraft | 0 | 0 | 0 | -172,403 | 76,858 | -71,971 | 155,831 | 11,685 | 0 | 0 | 0 | -32,241 | -31,715 | 0 | 63,956 |
change in cash | -71,737 | 14,468 | 12,158 | 217,407 | -76,663 | 71,979 | -155,808 | -63,655 | -3,159 | -49,903 | 76,938 | -22,666 | -287,776 | 147,077 | 194,858 |
multi-tech engineering (uk) limited Credit Report and Business Information
Multi-tech Engineering (uk) Limited Competitor Analysis
Perform a competitor analysis for multi-tech engineering (uk) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WF11 area or any other competitors across 12 key performance metrics.
multi-tech engineering (uk) limited Ownership
MULTI-TECH ENGINEERING (UK) LIMITED group structure
Multi-Tech Engineering (Uk) Limited has no subsidiary companies.
Ultimate parent company
MULTI-TECH ENGINEERING (UK) LIMITED
05779644
multi-tech engineering (uk) limited directors
Multi-Tech Engineering (Uk) Limited currently has 2 directors. The longest serving directors include Mrs Deborah Smith (Apr 2006) and Mr Richard Smith (Apr 2006).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Deborah Smith | United Kingdom | 66 years | Apr 2006 | - | Director |
Mr Richard Smith | England | 67 years | Apr 2006 | - | Director |
P&L
October 2023turnover
2.6m
+27%
operating profit
166.8k
0%
gross margin
29.7%
+1.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
2m
+0.02%
total assets
3.9m
+0.08%
cash
3.5k
-0.95%
net assets
Total assets minus all liabilities
multi-tech engineering (uk) limited company details
company number
05779644
Type
Private limited with Share Capital
industry
25620 - Machining
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
April 2006
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
multi-tech engineering (uk) ltd, kirkhaw lane, knottingley, west yorkshire, WF11 8RD
Bank
-
Legal Advisor
-
multi-tech engineering (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 5 charges/mortgages relating to multi-tech engineering (uk) limited. Currently there are 3 open charges and 2 have been satisfied in the past.
multi-tech engineering (uk) limited Companies House Filings - See Documents
date | description | view/download |
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