m & m turned parts limited Company Information
Company Number
06518460
Website
www.mmturnedparts.co.ukRegistered Address
unit 3 securehold business centr, studley road, redditch, worcestershire, B98 7LG
Industry
Manufacture of fasteners and screw machine products
Telephone
01527500888
Next Accounts Due
December 2024
Group Structure
View All
Directors
Edward Moss16 Years
Shareholders
adam edward moss 25%
timothy john moss 25%
View Allm & m turned parts limited Estimated Valuation
Pomanda estimates the enterprise value of M & M TURNED PARTS LIMITED at £661.2k based on a Turnover of £1.6m and 0.41x industry multiple (adjusted for size and gross margin).
m & m turned parts limited Estimated Valuation
Pomanda estimates the enterprise value of M & M TURNED PARTS LIMITED at £679.6k based on an EBITDA of £223.7k and a 3.04x industry multiple (adjusted for size and gross margin).
m & m turned parts limited Estimated Valuation
Pomanda estimates the enterprise value of M & M TURNED PARTS LIMITED at £1m based on Net Assets of £744.7k and 1.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
M & M Turned Parts Limited Overview
M & M Turned Parts Limited is a live company located in redditch, B98 7LG with a Companies House number of 06518460. It operates in the manufacture of fasteners and screw machine products sector, SIC Code 25940. Founded in February 2008, it's largest shareholder is adam edward moss with a 25% stake. M & M Turned Parts Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
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M & M Turned Parts Limited Health Check
Pomanda's financial health check has awarded M & M Turned Parts Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
6 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £1.6m, make it smaller than the average company (£13.3m)
- M & M Turned Parts Limited
£13.3m - Industry AVG
![growth](/assets/images/scoreRate1.png)
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.6%)
- M & M Turned Parts Limited
4.6% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 21.1%, this company has a higher cost of product (29.2%)
- M & M Turned Parts Limited
29.2% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of 5.2% make it less profitable than the average company (8.9%)
- M & M Turned Parts Limited
8.9% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 12 employees, this is below the industry average (81)
12 - M & M Turned Parts Limited
81 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- M & M Turned Parts Limited
£39.1k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £133k, this is less efficient (£165.9k)
- M & M Turned Parts Limited
£165.9k - Industry AVG
![debtordays](/assets/images/scoreRate1.png)
Debtor Days
it gets paid by customers after 57 days, this is near the average (62 days)
- M & M Turned Parts Limited
62 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 140 days, this is slower than average (45 days)
- M & M Turned Parts Limited
45 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M & M Turned Parts Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 69 weeks, this is more cash available to meet short term requirements (11 weeks)
69 weeks - M & M Turned Parts Limited
11 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 45.1%, this is a higher level of debt than the average (33.8%)
45.1% - M & M Turned Parts Limited
33.8% - Industry AVG
M & M TURNED PARTS LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
M & M Turned Parts Limited's latest turnover from March 2023 is estimated at £1.6 million and the company has net assets of £744.7 thousand. According to their latest financial statements, M & M Turned Parts Limited has 12 employees and maintains cash reserves of £642.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | ||||||||||||||
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 | 12 | 12 | 12 | 12 | 12 | 12 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 458,955 | 301,395 | 181,270 | 213,670 | 271,085 | 163,760 | 82,990 | 254,150 | 132,300 | 108,550 | 121,115 | 144,770 | 187,425 | 210,605 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 7,360 | 14,720 | 22,080 | 29,440 | 36,800 | 44,160 | 51,520 | 58,880 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 4,798 | 3,325 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 463,753 | 304,720 | 181,270 | 213,670 | 271,085 | 163,760 | 90,350 | 268,870 | 154,380 | 137,990 | 157,915 | 188,930 | 238,945 | 269,485 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 251,485 | 297,167 | 284,659 | 257,379 | 273,058 | 321,123 | 226,114 | 313,873 | 201,217 | 192,851 | 168,848 | 226,402 | 205,834 | 214,656 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 642,323 | 612,204 | 543,146 | 358,668 | 462,871 | 439,236 | 395,156 | 341,522 | 283,623 | 410,261 | 323,579 | 219,815 | 207,534 | 235,950 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,657 | 11,048 | 10,481 | 9,880 | 9,944 | 8,147 |
total current assets | 893,808 | 909,371 | 827,805 | 616,047 | 735,929 | 760,359 | 621,270 | 655,395 | 494,497 | 614,160 | 502,908 | 456,097 | 423,312 | 458,753 |
total assets | 1,357,561 | 1,214,091 | 1,009,075 | 829,717 | 1,007,014 | 924,119 | 711,620 | 924,265 | 648,877 | 752,150 | 660,823 | 645,027 | 662,257 | 728,238 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 483,109 | 458,315 | 395,006 | 277,911 | 464,650 | 370,239 | 220,544 | 412,145 | 281,910 | 326,611 | 327,904 | 181,151 | 165,180 | 567,570 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 202,575 | 337,172 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 483,109 | 458,315 | 395,006 | 277,911 | 464,650 | 370,239 | 220,544 | 412,145 | 281,910 | 326,611 | 327,904 | 383,726 | 502,352 | 567,570 |
loans | 0 | 0 | 0 | 0 | 0 | 7,076 | 49,332 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 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 | 2,580 | 2,583 | 2,490 | 2,466 | 2,631 | 2,375 |
other liabilities | 64,677 | 56,314 | 0 | 0 | 0 | 0 | 0 | 84,912 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 65,068 | 44,112 | 0 | 0 | 0 | 3,355 | 3,355 | 16,680 | 1,448 | 3,024 | 3,142 | 4,804 | 4,163 | 232 |
total long term liabilities | 129,745 | 100,426 | 0 | 0 | 0 | 10,431 | 52,687 | 101,592 | 4,028 | 5,607 | 5,632 | 7,270 | 6,794 | 2,607 |
total liabilities | 612,854 | 558,741 | 395,006 | 277,911 | 464,650 | 380,670 | 273,231 | 513,737 | 285,938 | 332,218 | 333,536 | 390,996 | 509,146 | 570,177 |
net assets | 744,707 | 655,350 | 614,069 | 551,806 | 542,364 | 543,449 | 438,389 | 410,528 | 362,939 | 419,932 | 327,287 | 254,031 | 153,111 | 158,061 |
total shareholders funds | 744,707 | 655,350 | 614,069 | 551,806 | 542,364 | 543,449 | 438,389 | 410,528 | 362,939 | 419,932 | 327,287 | 254,031 | 153,111 | 158,061 |
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 | ||||||||||||||
Depreciation | 140,003 | 96,725 | 55,747 | 66,902 | 84,945 | 47,667 | 26,931 | 83,794 | 44,088 | 36,181 | 40,366 | 48,250 | 62,474 | 70,204 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -44,209 | 15,833 | 27,280 | -15,679 | -48,065 | 95,009 | -87,759 | 112,656 | 8,366 | 24,003 | -57,554 | 20,568 | -8,822 | 214,656 |
Creditors | 24,794 | 63,309 | 117,095 | -186,739 | 94,411 | 149,695 | -191,601 | 130,235 | -44,701 | -1,293 | 146,753 | 15,971 | -402,390 | 567,570 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,580 | -3 | 93 | 24 | -165 | 256 | 2,375 |
Deferred Taxes & Provisions | 20,956 | 44,112 | 0 | 0 | -3,355 | 0 | -13,325 | 15,232 | -1,576 | -118 | -1,662 | 641 | 3,931 | 232 |
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 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 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 | -202,575 | -134,597 | 337,172 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | -7,076 | -42,256 | 49,332 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 8,363 | 56,314 | 0 | 0 | 0 | 0 | -84,912 | 84,912 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 30,119 | 69,058 | 184,478 | -104,203 | 23,635 | 44,080 | 53,634 | 57,899 | -126,638 | 86,682 | 103,764 | 12,281 | -28,416 | 235,950 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 30,119 | 69,058 | 184,478 | -104,203 | 23,635 | 44,080 | 53,634 | 57,899 | -126,638 | 86,682 | 103,764 | 12,281 | -28,416 | 235,950 |
m & m turned parts limited Credit Report and Business Information
M & M Turned Parts Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for m & m turned parts limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B98 area or any other competitors across 12 key performance metrics.
m & m turned parts limited Ownership
M & M TURNED PARTS LIMITED group structure
M & M Turned Parts Limited has no subsidiary companies.
Ultimate parent company
M & M TURNED PARTS LIMITED
06518460
m & m turned parts limited directors
M & M Turned Parts Limited currently has 1 director, Mr Edward Moss serving since Feb 2008.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Edward Moss | 64 years | Feb 2008 | - | Director |
P&L
March 2023turnover
1.6m
+1%
operating profit
83.7k
0%
gross margin
21.1%
+1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
744.7k
+0.14%
total assets
1.4m
+0.12%
cash
642.3k
+0.05%
net assets
Total assets minus all liabilities
m & m turned parts limited company details
company number
06518460
Type
Private limited with Share Capital
industry
25940 - Manufacture of fasteners and screw machine products
incorporation date
February 2008
age
16
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
unit 3 securehold business centr, studley road, redditch, worcestershire, B98 7LG
accountant
-
auditor
-
m & m turned parts 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 m & m turned parts limited.
![charges](/assets/images/company_charges.png)
m & m turned parts limited Companies House Filings - See Documents
date | description | view/download |
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