Pomanda estimates the enterprise value of READING MENCAP at £482.1k based on a Turnover of £1.1m and 0.45x industry multiple (adjusted for size and gross margin).
reading mencapEstimated Valuation
£0
Pomanda estimates the enterprise value of READING MENCAP at £0 based on an EBITDA of £-10.1k and a 3.22x industry multiple (adjusted for size and gross margin).
reading mencapEstimated Valuation
£592.4k
Pomanda estimates the enterprise value of READING MENCAP at £592.4k based on Net Assets of £274.8k and 2.16x industry multiple (adjusted for liquidity).
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Reading MencapOverview
Reading Mencap is a live company located in berkshire, RG1 5PE with a Companies House number of 05976118. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2006, it's largest shareholder is
unknown.
Reading Mencap is a established,
small sized company, Pomanda has estimated its turnover at
£1.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Reading Mencap a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.1m, make it larger than the average company (£788.6k)
£1.1m - Reading Mencap
£788.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (7.7%)
41% - Reading Mencap
7.7% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (39.3%)
20.7% - Reading Mencap
39.3% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (5.5%)
-0.9% - Reading Mencap
5.5% - Industry AVG
Employees
with 22 employees, this is above the industry average (16)
22 - Reading Mencap
16 - Industry AVG
Pay Structure
on an average salary of £27.7k, the company has an equivalent pay structure (£27.7k)
£27.7k - Reading Mencap
£27.7k - Industry AVG
Efficiency
resulting in sales per employee of £48.3k, this is less efficient (£59.5k)
£48.3k - Reading Mencap
£59.5k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (24 days)
94 days - Reading Mencap
24 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (28 days)
14 days - Reading Mencap
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reading Mencap
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reading Mencap
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.5%, this is a lower level of debt than the average (30.2%)
23.5% - Reading Mencap
30.2% - Industry AVG
READING MENCAP financials
EXPORT
Reading Mencap's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £274.8 thousand. According to their latest financial statements, Reading Mencap has 22 employees and maintains cash reserves of 0 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
1,063,378
1,086,525
1,230,703
382,297
417,540
600,315
695,178
658,329
93,155
63,627
49,689
25,502
123,313
78,024
91,793
Other Income Or Grants
Cost Of Sales
843,299
865,140
991,181
312,198
332,464
480,098
548,302
511,027
72,565
49,557
38,827
19,580
68,685
Gross Profit
220,079
221,385
239,522
70,099
85,075
120,217
146,875
147,302
20,590
14,070
10,863
5,922
123,313
78,024
23,108
Admin Expenses
230,204
306,508
2,792
-2,357
135,349
143,705
138,832
210,726
-10,253
97,920
-284,352
19,824
119,005
79,522
21,237
Operating Profit
-10,125
-85,123
236,730
72,456
-50,274
-23,488
8,043
-63,424
30,843
-83,850
295,215
-13,902
4,308
-1,498
1,871
Interest Payable
Interest Receivable
1,081
221
77
252
1,087
1,288
817
250
Pre-Tax Profit
-10,125
-85,123
237,811
72,677
-50,197
-23,488
8,043
-63,172
31,930
-82,562
296,032
-13,652
4,308
-1,498
275
Tax
-45,184
-13,809
-1,528
-6,386
-68,087
Profit After Tax
-10,125
-85,123
192,627
58,868
-50,197
-23,488
6,515
-63,172
25,544
-82,562
227,945
-13,652
4,308
-1,498
275
Dividends Paid
Retained Profit
-10,125
-85,123
192,627
58,868
-50,197
-23,488
6,515
-63,172
25,544
-82,562
227,945
-13,652
4,308
-1,498
275
Employee Costs
610,315
693,629
740,286
729,335
714,321
164,680
181,904
181,424
46,156
23,324
23,204
23,124
45,896
49,445
61,384
Number Of Employees
22
26
29
30
30
7
8
8
2
1
1
1
2
10
2
EBITDA*
-10,125
-85,123
238,950
75,326
-50,274
-23,488
8,043
-63,424
36,272
-79,381
299,440
-10,404
8,414
1,563
6,741
* 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
84,641
82,201
70,774
72,994
75,864
81,996
88,128
94,263
89,140
94,569
84,964
81,765
84,559
82,464
85,525
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
84,641
82,201
70,774
72,994
75,864
81,996
88,128
94,263
89,140
94,569
84,964
81,765
84,559
82,464
85,525
Stock & work in progress
Trade Debtors
274,377
287,800
353,859
13,549
29,164
138,959
161,513
152,680
18,097
12,833
9,221
4,509
3,043
Group Debtors
Misc Debtors
3,993
2,337
Cash
288,171
153,620
201,730
233,031
282,195
44,624
55,321
53,075
54,557
misc current assets
7,521
100
total current assets
274,377
287,800
357,852
301,720
182,784
146,480
161,513
152,680
219,827
245,964
291,416
49,133
58,364
55,412
54,557
total assets
359,018
370,001
428,626
374,714
258,648
228,476
249,641
246,943
308,967
340,533
376,380
130,898
142,923
137,876
140,082
Bank overdraft
Bank loan
Trade Creditors
34,172
35,030
8,532
5,953
8,730
9,680
7,357
11,174
10,026
4,736
4,894
2,884
1,257
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
519
1,227
total current liabilities
34,172
35,030
8,532
5,953
8,730
9,680
7,357
11,174
10,026
4,736
4,894
2,884
1,257
519
1,227
loans
50,000
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
provisions
total long term liabilities
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
total liabilities
84,172
85,030
58,532
55,953
58,730
59,680
57,357
61,174
60,026
54,736
54,894
52,884
51,257
50,519
51,227
net assets
274,846
284,971
370,094
318,761
199,918
168,796
192,284
185,769
248,941
285,797
321,486
78,014
91,666
87,357
88,855
total shareholders funds
274,846
284,971
370,094
318,761
199,918
168,796
192,284
185,769
248,941
285,797
321,486
78,014
91,666
87,357
88,855
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
-10,125
-85,123
236,730
72,456
-50,274
-23,488
8,043
-63,424
30,843
-83,850
295,215
-13,902
4,308
-1,498
1,871
Depreciation
2,220
2,870
5,429
4,469
4,225
3,498
4,106
3,061
4,870
Amortisation
Tax
-45,184
-13,809
-1,528
-6,386
-68,087
Stock
Debtors
-13,423
-70,052
344,303
-15,615
-109,795
-22,554
8,833
134,583
5,264
3,612
4,712
1,466
706
2,337
Creditors
-858
26,498
2,579
-2,777
-950
2,323
-3,817
1,148
5,290
-158
2,010
1,627
1,257
Accruals and Deferred Income
-519
-708
1,227
Deferred Taxes & Provisions
Cash flow from operations
2,440
11,427
-147,958
74,355
58,571
1,389
-6,135
-196,859
29,912
-83,151
228,651
-10,243
8,446
-1,482
7,968
Investing Activities
capital expenditure
-2,440
-11,427
6,132
6,132
6,135
-5,123
-14,074
-7,424
-704
-6,201
-90,395
Change in Investments
cash flow from investments
-2,440
-11,427
6,132
6,132
6,135
-5,123
-14,074
-7,424
-704
-6,201
-90,395
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-50,000
50,000
Hire Purchase and Lease Commitments
other long term liabilities
50,000
share issue
-141,294
59,975
81,319
-62,400
46,873
15,527
1
88,580
interest
1,081
221
77
252
1,087
1,288
817
250
cash flow from financing
-140,213
60,196
81,396
252
-61,313
48,161
16,344
250
1
138,580
cash and cash equivalents
cash
-288,171
134,551
153,620
-201,730
-31,301
-49,164
237,571
-10,697
2,246
-1,482
54,557
overdraft
change in cash
-288,171
134,551
153,620
-201,730
-31,301
-49,164
237,571
-10,697
2,246
-1,482
54,557
reading mencap 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 reading mencap. Get real-time insights into reading mencap's credit score, group structure and payment trends.
Perform a competitor analysis for reading mencap by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in RG1 area or any other competitors across 12 key performance metrics.
reading mencap Ownership
READING MENCAP group structure
Reading Mencap has no subsidiary companies.
Ultimate parent company
READING MENCAP
05976118
READING MENCAP Shareholders
The sole shareholder of Reading Mencap is -.
-
-
reading mencap directors
Reading Mencap currently has 6 directors.
The longest serving directors include
Mrs Zoe Ridout (Sep 2016) and
Mr Jim Allpass (Mar 2023).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
96090 - Other personal service activities n.e.c.
86900 - Other human health activities
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
21 alexandra road, reading, berkshire, RG1 5PE
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
reading mencap 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 reading mencap.
reading mencap 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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reading mencapCompanies House Filings - See Documents
