manit contractors limited
manit contractors limited Company Information
Company Number
06533653
Website
www.manitcontractors.co.ukRegistered Address
anglia house, 6 central avenue, st andrews business park, norwich, united kingdom, NR7 0HR
Industry
Other personal service activities n.e.c.
Telephone
01353862253
Next Accounts Due
694 days late
Group Structure
View All
Shareholders
richard james neill 90.5%
emily jade neill 4.8%
View Allmanit contractors limited Estimated Valuation
The estimated valuation range for manit contractors limited, derived from financial data as of August 2020 and the most recent industry multiples, is between £0 to £1.5m
manit contractors limited Estimated Valuation
The estimated valuation range for manit contractors limited, derived from financial data as of August 2020 and the most recent industry multiples, is between £0 to £1.5m
manit contractors limited Estimated Valuation
The estimated valuation range for manit contractors limited, derived from financial data as of August 2020 and the most recent industry multiples, is between £0 to £1.5m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Manit Contractors Limited AI Business Plan
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Manit Contractors Limited Overview
Manit Contractors Limited is a live company located in norwich, NR7 0HR with a Companies House number of 06533653. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2008, it's largest shareholder is richard james neill with a 90.5% stake. Manit Contractors Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Manit Contractors Limited Health Check
Pomanda's financial health check has awarded Manit Contractors Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £1m, make it larger than the average company (£651.5k)
- Manit Contractors Limited
£651.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (4%)
- Manit Contractors Limited
4% - Industry AVG
Production
with a gross margin of 39.6%, this company has a comparable cost of product (39.6%)
- Manit Contractors Limited
39.6% - Industry AVG
Profitability
an operating margin of -32.7% make it less profitable than the average company (5.3%)
- Manit Contractors Limited
5.3% - Industry AVG
Employees
with 34 employees, this is above the industry average (13)
34 - Manit Contractors Limited
13 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- Manit Contractors Limited
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £30.6k, this is less efficient (£71.9k)
- Manit Contractors Limited
£71.9k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (28 days)
- Manit Contractors Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (38 days)
- Manit Contractors Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Manit Contractors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 124 weeks, this is more cash available to meet short term requirements (48 weeks)
124 weeks - Manit Contractors Limited
48 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.7%, this is a lower level of debt than the average (46.5%)
20.7% - Manit Contractors Limited
46.5% - Industry AVG
manit contractors limited Credit Report and Business Information
Manit Contractors Limited Competitor Analysis
Perform a competitor analysis for manit contractors limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
manit contractors limited Ownership
MANIT CONTRACTORS LIMITED group structure
Manit Contractors Limited has no subsidiary companies.
Ultimate parent company
MANIT CONTRACTORS LIMITED
06533653
manit contractors limited directors
Manit Contractors Limited currently has 2 directors. The longest serving directors include Mr Richard Neill (Mar 2008) and Mrs Sandra Neill (Aug 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Neill | 51 years | Mar 2008 | - | Director | |
| Mrs Sandra Neill | 59 years | Aug 2016 | - | Director |
MANIT CONTRACTORS LIMITED financials
Manit Contractors Limited's latest turnover from August 2020 is estimated at £1 million and the company has net assets of £503.2 thousand. According to their latest financial statements, Manit Contractors Limited has 34 employees and maintains cash reserves of £315.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 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 | 34 | 39 | 37 | 47 | 51 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 177,999 | 220,246 | 197,043 | 203,578 | 247,637 | 245,385 | 234,766 | 153,018 | 89,008 | 57,314 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 177,999 | 220,246 | 197,043 | 203,578 | 247,637 | 245,385 | 234,766 | 153,018 | 89,008 | 57,314 |
| Stock & work in progress | 0 | 60,000 | 45,000 | 70,000 | 35,000 | 30,000 | 20,000 | 5,000 | 2,500 | 39,611 | 16,018 |
| Trade Debtors | 9,600 | 1,324,977 | 685,127 | 731,014 | 763,140 | 526,515 | 510,586 | 334,451 | 371,243 | 328,211 | 167,054 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 309,892 | 36,593 | 33,208 | 10,211 | 9,400 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 315,215 | 9,065 | 356,626 | 72,062 | 104 | 120,035 | 202,662 | 146,697 | 128,128 | 58,520 | 162,291 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 634,707 | 1,430,635 | 1,119,961 | 883,287 | 807,644 | 676,550 | 733,248 | 486,148 | 501,871 | 426,342 | 345,363 |
| total assets | 634,707 | 1,608,634 | 1,340,207 | 1,080,330 | 1,011,222 | 924,187 | 978,633 | 720,914 | 654,889 | 515,350 | 402,677 |
| Bank overdraft | 8,639 | 0 | 0 | 0 | 160,412 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 19,689 | 18,590 | 23,314 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 65,179 | 343,554 | 116,472 | 125,727 | 116,667 | 321,151 | 309,350 | 190,248 | 213,332 | 159,788 | 141,406 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 29,409 | 44,406 | 44,007 | 52,839 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 57,664 | 289,531 | 456,050 | 335,334 | 154,026 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 131,482 | 682,183 | 635,518 | 528,382 | 483,944 | 321,151 | 309,350 | 190,248 | 213,332 | 159,788 | 141,406 |
| loans | 0 | 25,696 | 46,477 | 60,301 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 23,812 | 33,812 | 33,492 | 31,318 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 121,319 | 57,525 | 48,845 | 39,095 | 1,151 | 6,996 | 16,290 |
| provisions | 0 | 31,905 | 39,761 | 36,130 | 36,717 | 42,880 | 38,270 | 31,321 | 28,722 | 18,692 | 11,573 |
| total long term liabilities | 0 | 81,413 | 120,050 | 129,923 | 189,354 | 100,405 | 87,115 | 70,416 | 29,873 | 25,688 | 27,863 |
| total liabilities | 131,482 | 763,596 | 755,568 | 658,305 | 673,298 | 421,556 | 396,465 | 260,664 | 243,205 | 185,476 | 169,269 |
| net assets | 503,225 | 845,038 | 584,639 | 422,025 | 337,924 | 502,631 | 582,168 | 460,250 | 411,684 | 329,874 | 233,408 |
| total shareholders funds | 503,225 | 845,038 | 584,639 | 422,025 | 337,924 | 502,631 | 582,168 | 460,250 | 411,684 | 329,874 | 233,408 |
| Aug 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 42,487 | 29,203 | 59,376 | 26,591 | 65,077 | 62,087 | 60,468 | 66,645 | 36,210 | 22,972 | 11,914 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,500 |
| Tax | |||||||||||
| Stock | -60,000 | 15,000 | -25,000 | 35,000 | 5,000 | 10,000 | 15,000 | 2,500 | -37,111 | 23,593 | 16,018 |
| Debtors | -1,042,078 | 643,235 | -22,890 | -31,315 | 246,025 | 15,929 | 176,135 | -36,792 | 43,032 | 161,157 | 167,054 |
| Creditors | -278,375 | 227,082 | -9,255 | 9,060 | -204,484 | 11,801 | 119,102 | -23,084 | 53,544 | 18,382 | 141,406 |
| Accruals and Deferred Income | -231,867 | -166,519 | 120,716 | 181,308 | 154,026 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -31,905 | -7,856 | 3,631 | -587 | -6,163 | 4,610 | 6,949 | 2,599 | 10,030 | 7,119 | 11,573 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | -19,689 | 1,099 | -4,724 | 23,314 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 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 |
| Long term loans | -25,696 | -20,781 | -13,824 | 60,301 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -53,221 | -24,997 | 719 | -6,658 | 84,157 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -121,319 | 63,794 | 8,680 | 9,750 | 37,944 | -5,845 | -9,294 | 16,290 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 306,150 | -347,561 | 284,564 | 71,958 | -119,931 | -82,627 | 55,965 | 18,569 | 69,608 | -103,771 | 162,291 |
| overdraft | 8,639 | 0 | 0 | -160,412 | 160,412 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 297,511 | -347,561 | 284,564 | 232,370 | -280,343 | -82,627 | 55,965 | 18,569 | 69,608 | -103,771 | 162,291 |
P&L
August 2020turnover
1m
-85%
operating profit
-340.3k
0%
gross margin
39.6%
-2.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2020net assets
503.2k
-0.4%
total assets
634.7k
-0.61%
cash
315.2k
+33.77%
net assets
Total assets minus all liabilities
Similar Companies
manit contractors limited company details
company number
06533653
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2008
age
16
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
anglia house, 6 central avenue, st andrews business park, norwich, united kingdom, NR7 0HR
last accounts submitted
August 2020
manit contractors 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 manit contractors limited.
manit contractors limited Companies House Filings - See Documents
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