mgt teesside limited
mgt teesside limited Company Information
Company Number
06574235
Next Accounts
Dec 2025
Shareholders
chaptre holdings limited
Group Structure
View All
Industry
Production of electricity
Registered Address
8 white oak square, london road, swanley, BR8 7AG
mgt teesside limited Estimated Valuation
Pomanda estimates the enterprise value of MGT TEESSIDE LIMITED at £0 based on a Turnover of £41.9m and -0.89x industry multiple (adjusted for size and gross margin).
mgt teesside limited Estimated Valuation
Pomanda estimates the enterprise value of MGT TEESSIDE LIMITED at £589.1m based on an EBITDA of £-233.4m and a -2.52x industry multiple (adjusted for size and gross margin).
mgt teesside limited Estimated Valuation
Pomanda estimates the enterprise value of MGT TEESSIDE LIMITED at £0 based on Net Assets of £-569.6m and 2.63x industry multiple (adjusted for liquidity).
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Mgt Teesside Limited Overview
Mgt Teesside Limited is a live company located in swanley, BR8 7AG with a Companies House number of 06574235. It operates in the production of electricity sector, SIC Code 35110. Founded in April 2008, it's largest shareholder is chaptre holdings limited with a 100% stake. Mgt Teesside Limited is a established, large sized company, Pomanda has estimated its turnover at £41.9m with unknown growth in recent years.
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Mgt Teesside Limited Health Check
Pomanda's financial health check has awarded Mgt Teesside Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £41.9m, make it larger than the average company (£1.7m)
£41.9m - Mgt Teesside Limited
£1.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mgt Teesside Limited
- - Industry AVG
Production
with a gross margin of -99.1%, this company has a higher cost of product (67.5%)
-99.1% - Mgt Teesside Limited
67.5% - Industry AVG
Profitability
an operating margin of -556.6% make it less profitable than the average company (48.8%)
-556.6% - Mgt Teesside Limited
48.8% - Industry AVG
Employees
with 7 employees, this is above the industry average (2)
7 - Mgt Teesside Limited
2 - Industry AVG
Pay Structure
on an average salary of £140.4k, the company has a higher pay structure (£80k)
£140.4k - Mgt Teesside Limited
£80k - Industry AVG
Efficiency
resulting in sales per employee of £6m, this is more efficient (£445.4k)
£6m - Mgt Teesside Limited
£445.4k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (15 days)
60 days - Mgt Teesside Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 1082 days, this is slower than average (20 days)
1082 days - Mgt Teesside Limited
20 days - Industry AVG
Stock Days
it holds stock equivalent to 103 days, this is more than average (18 days)
103 days - Mgt Teesside Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (10 weeks)
3 weeks - Mgt Teesside Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 165.1%, this is a higher level of debt than the average (86.8%)
165.1% - Mgt Teesside Limited
86.8% - Industry AVG
MGT TEESSIDE LIMITED financials
Mgt Teesside Limited's latest turnover from March 2024 is £41.9 million and the company has net assets of -£569.6 million. According to their latest financial statements, Mgt Teesside Limited has 7 employees and maintains cash reserves of £54.9 million 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 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 41,930,000 | 4,189,000 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 83,475,000 | 23,979,000 | 13,659,000 | 40,799,000 | |||||||||||
| Gross Profit | -41,545,000 | -19,790,000 | -13,659,000 | -40,799,000 | |||||||||||
| Admin Expenses | 191,851,000 | 246,738,000 | 12,484,000 | -807,000 | 1,395,000 | ||||||||||
| Operating Profit | -233,396,000 | -266,528,000 | -26,143,000 | -39,992,000 | -1,395,000 | -1,510,000 | -1,690,000 | -1,934,000 | -39,000 | ||||||
| Interest Payable | 953,000 | 1,306,000 | 1,911,000 | 1,102,000 | 1,984,000 | 5,000 | 7,000 | ||||||||
| Interest Receivable | 10,404,000 | 2,662,000 | 1,185,000 | 1,075,000 | |||||||||||
| Pre-Tax Profit | -225,829,000 | -219,221,000 | -28,054,000 | -39,909,000 | -2,304,000 | -1,510,000 | -1,690,000 | -1,939,000 | -46,000 | ||||||
| Tax | -446,000 | -53,000 | 84,000 | -24,000 | -7,000 | ||||||||||
| Profit After Tax | -226,275,000 | -219,274,000 | -27,970,000 | -39,933,000 | -2,311,000 | -1,510,000 | -1,690,000 | -1,939,000 | -46,000 | ||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -226,275,000 | -219,274,000 | -27,970,000 | -39,933,000 | -2,311,000 | -1,510,000 | -1,690,000 | -1,939,000 | -46,000 | ||||||
| Employee Costs | 983,000 | 861,000 | 476,000 | 386,000 | |||||||||||
| Number Of Employees | 7 | 7 | 5 | 4 | 4 | 4 | 3 | ||||||||
| EBITDA* | -233,396,000 | -265,608,000 | -24,806,000 | -38,656,000 | -55,000 | -1,507,000 | -1,687,000 | -1,930,000 | -36,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 766,131,000 | 794,442,000 | 909,469,000 | 767,559,000 | 757,974,000 | 647,305,000 | 459,679,000 | 209,277,000 | 3,425,000 | 104,618 | 107,426 | 110,234 | 2,680,728 | 2,128,208 | |
| Intangible Assets | 23,517,000 | 23,055,000 | |||||||||||||
| Investments & Other | 17,432,000 | 60,493,000 | 21,772,000 | 16,729,000 | 8,614,000 | 19,275,000 | 12,587,000 | ||||||||
| Debtors (Due After 1 year) | 21,915,000 | 14,757,000 | 11,993,000 | 5,623,000 | 3,178,000 | ||||||||||
| Total Fixed Assets | 789,648,000 | 817,497,000 | 897,476,000 | 761,936,000 | 754,796,000 | 647,305,000 | 459,679,000 | 209,277,000 | 3,425,000 | 104,618 | 107,426 | 110,234 | 2,680,728 | 2,128,208 | |
| Stock & work in progress | 23,772,000 | 262,000 | 8,783,000 | 8,770,000 | |||||||||||
| Trade Debtors | 6,980,000 | 5,668,000 | 3,376,000 | 521,000 | 12,000 | 14,000 | 13,000 | 168,330 | 74,918 | 54,612 | 276,657 | 646,113 | 774,659 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,138,000 | 91,296,000 | 21,514,000 | 2,481,000 | 11,649,000 | 1,927,000 | 517,000 | ||||||||
| Cash | 54,890,000 | 39,538,000 | 40,361,000 | 22,783,000 | 51,573,000 | 52,823,000 | 73,602,000 | 97,289,000 | 732,000 | 85,762 | 35,470 | 21,793 | 24,274 | 58,882 | |
| misc current assets | |||||||||||||||
| total current assets | 85,642,000 | 45,468,000 | 53,658,000 | 123,370,000 | 73,099,000 | 55,318,000 | 85,264,000 | 99,216,000 | 1,249,000 | 254,092 | 110,388 | 76,405 | 300,931 | 704,995 | 774,659 |
| total assets | 875,290,000 | 862,965,000 | 951,134,000 | 885,306,000 | 827,895,000 | 702,623,000 | 544,943,000 | 308,493,000 | 4,674,000 | 358,710 | 217,814 | 186,639 | 300,931 | 3,385,723 | 2,902,867 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 247,598,000 | 228,940,000 | 20,014,000 | 343,000 | 538,000 | 904,000 | 3,443,000 | 44,000 | 1,324,000 | 309,139 | 120,247 | 48,497 | 10,614 | 18,221 | 212,763 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 622,727,000 | 547,380,000 | 57,992,000 | 25,968,000 | 26,605,000 | ||||||||||
| hp & lease commitments | 864,000 | 880,000 | 1,178,000 | 1,006,000 | 630,000 | ||||||||||
| other current liabilities | 91,810,000 | 63,698,000 | 43,650,000 | 24,208,000 | 11,564,000 | 6,509,000 | 651,000 | ||||||||
| total current liabilities | 871,189,000 | 777,200,000 | 170,994,000 | 91,015,000 | 71,423,000 | 25,112,000 | 15,007,000 | 6,553,000 | 1,975,000 | 309,139 | 120,247 | 48,497 | 10,614 | 18,221 | 212,763 |
| loans | 111,337,000 | 132,740,000 | 1,101,538,000 | 1,120,279,000 | 1,023,514,000 | 930,357,000 | 746,500,000 | 461,543,000 | 7,473,000 | ||||||
| hp & lease commitments | 31,439,000 | 30,898,000 | 32,683,000 | 34,050,000 | 35,404,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 487,427,000 | 330,360,000 | 314,085,000 | 298,480,000 | 248,353,000 | 222,072,000 | 154,117,000 | 66,282,000 | 4,777,507 | 4,308,003 | 4,104,952 | 3,617,630 | 3,402,742 | 2,716,856 | |
| provisions | 12,704,000 | 6,356,000 | 2,928,000 | 6,554,000 | 3,598,000 | ||||||||||
| total long term liabilities | 573,677,000 | 432,202,000 | 897,763,000 | 871,055,000 | 769,225,000 | 701,500,000 | 543,224,000 | 299,840,000 | 7,473,000 | 4,777,507 | 4,308,003 | 4,104,952 | 3,617,630 | 3,402,742 | 2,716,856 |
| total liabilities | 1,444,866,000 | 1,209,402,000 | 1,068,757,000 | 962,070,000 | 840,648,000 | 726,612,000 | 558,231,000 | 306,393,000 | 9,448,000 | 5,086,646 | 4,428,250 | 4,153,449 | 3,628,244 | 3,420,963 | 2,929,619 |
| net assets | -569,576,000 | -346,437,000 | -117,623,000 | -76,764,000 | -12,753,000 | -23,989,000 | -13,288,000 | 2,100,000 | -4,774,000 | -4,727,936 | -4,210,436 | -3,966,810 | -3,327,313 | -35,240 | -26,752 |
| total shareholders funds | -569,576,000 | -346,437,000 | -117,623,000 | -76,764,000 | -12,753,000 | -23,989,000 | -13,288,000 | 2,100,000 | -4,774,000 | -4,727,936 | -4,210,436 | -3,966,810 | -3,327,313 | -35,240 | -26,752 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -233,396,000 | -266,528,000 | -26,143,000 | -39,992,000 | -1,395,000 | -1,510,000 | -1,690,000 | -1,934,000 | -39,000 | ||||||
| Depreciation | 920,000 | 1,337,000 | 1,336,000 | 1,340,000 | 3,000 | 3,000 | 4,000 | 3,000 | 2,808 | 2,808 | 2,106 | ||||
| Amortisation | |||||||||||||||
| Tax | -446,000 | -53,000 | 84,000 | -24,000 | -7,000 | ||||||||||
| Stock | 23,510,000 | -8,521,000 | 13,000 | 8,770,000 | |||||||||||
| Debtors | 8,470,000 | 3,918,000 | -80,933,000 | 72,736,000 | 22,209,000 | -9,167,000 | 9,735,000 | 1,927,000 | 348,670 | 93,412 | 20,306 | -222,045 | -369,456 | -128,546 | 774,659 |
| Creditors | 18,658,000 | 208,926,000 | 19,671,000 | -195,000 | -366,000 | -2,539,000 | 3,399,000 | 44,000 | 1,014,861 | 188,892 | 71,750 | 37,883 | -7,607 | -194,542 | 212,763 |
| Accruals and Deferred Income | -91,810,000 | 28,112,000 | 20,048,000 | 19,442,000 | 12,644,000 | 5,055,000 | 6,509,000 | 651,000 | |||||||
| Deferred Taxes & Provisions | 12,704,000 | -6,356,000 | 3,428,000 | -3,626,000 | 2,956,000 | 3,598,000 | |||||||||
| Cash flow from operations | -234,460,000 | -143,942,000 | 103,981,000 | -106,689,000 | 233,000 | 14,139,000 | -12,000 | 6,294,000 | 1,281,191 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -43,061,000 | 38,721,000 | 21,772,000 | -16,729,000 | 8,115,000 | -10,661,000 | 6,688,000 | 12,587,000 | |||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 75,347,000 | 489,388,000 | 32,024,000 | -637,000 | 26,605,000 | ||||||||||
| Long term loans | -21,403,000 | -968,798,000 | -18,741,000 | 96,765,000 | 93,157,000 | 183,857,000 | 284,957,000 | 461,543,000 | 7,473,000 | ||||||
| Hire Purchase and Lease Commitments | 525,000 | -2,083,000 | -1,195,000 | -978,000 | 36,034,000 | ||||||||||
| other long term liabilities | 157,067,000 | 16,275,000 | 15,605,000 | 50,127,000 | 26,281,000 | 67,955,000 | 87,835,000 | 66,282,000 | -4,777,507 | 469,504 | 203,051 | 487,322 | 214,888 | 685,886 | 2,716,856 |
| share issue | |||||||||||||||
| interest | 9,451,000 | 1,356,000 | -1,911,000 | 83,000 | -909,000 | -5,000 | -7,000 | ||||||||
| cash flow from financing | 224,123,000 | -473,402,000 | 12,893,000 | 121,282,000 | 194,715,000 | 242,621,000 | 359,094,000 | 531,859,000 | 2,688,429 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 15,352,000 | -823,000 | 17,578,000 | -28,790,000 | -1,250,000 | -20,779,000 | -23,687,000 | 97,289,000 | 646,238 | 50,292 | 13,677 | -2,481 | -34,608 | 58,882 | |
| overdraft | |||||||||||||||
| change in cash | 15,352,000 | -823,000 | 17,578,000 | -28,790,000 | -1,250,000 | -20,779,000 | -23,687,000 | 97,289,000 | 646,238 | 50,292 | 13,677 | -2,481 | -34,608 | 58,882 |
mgt teesside limited Credit Report and Business Information
Mgt Teesside Limited Competitor Analysis
Perform a competitor analysis for mgt teesside limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in BR8 area or any other competitors across 12 key performance metrics.
mgt teesside limited Ownership
MGT TEESSIDE LIMITED group structure
Mgt Teesside Limited has no subsidiary companies.
mgt teesside limited directors
Mgt Teesside Limited currently has 5 directors. The longest serving directors include Mr David Jensen (Nov 2018) and Mr Adam Nancarrow (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Jensen | Denmark | 50 years | Nov 2018 | - | Director |
| Mr Adam Nancarrow | United Kingdom | 49 years | Dec 2019 | - | Director |
| Mr Christopher Waples | 66 years | Jan 2021 | - | Director | |
| Mr Morten Friehling | United Kingdom | 40 years | Jan 2024 | - | Director |
| Mr Theodore Rohou | 41 years | Nov 2024 | - | Director |
P&L
March 2024turnover
41.9m
+901%
operating profit
-233.4m
-12%
gross margin
-99%
-79.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-569.6m
+0.64%
total assets
875.3m
+0.01%
cash
54.9m
+0.39%
net assets
Total assets minus all liabilities
mgt teesside limited company details
company number
06574235
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
April 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
8 white oak square, london road, swanley, BR8 7AG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
mgt teesside 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 4 charges/mortgages relating to mgt teesside limited. Currently there are 4 open charges and 0 have been satisfied in the past.
mgt teesside 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.
Click to start generating capital raising & share issue transactions for MGT TEESSIDE LIMITED. This can take several minutes, an email will notify you when this has completed.
mgt teesside limited Companies House Filings - See Documents
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