frp advisory llp 1st floor, no. 34 falcon court, preston farm business park, stockton on tees, TS18 3TX
Website
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mpi workboats limitedEstimated Valuation
£284.4k
Pomanda estimates the enterprise value of MPI WORKBOATS LIMITED at £284.4k based on a Turnover of £569.9k and 0.5x industry multiple (adjusted for size and gross margin).
mpi workboats limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MPI WORKBOATS LIMITED at £0 based on an EBITDA of £-282.3k and a 3.57x industry multiple (adjusted for size and gross margin).
mpi workboats limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MPI WORKBOATS LIMITED at £0 based on Net Assets of £-165.7k and 2.37x industry multiple (adjusted for liquidity).
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Mpi Workboats LimitedOverview
Mpi Workboats Limited is a dissolved company that was located in preston farm business park, TS18 3TX with a Companies House number of 06771611. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2008, it's largest shareholder was
mpi services stokesley ltd
with a 100% stake. The last turnover for Mpi Workboats Limited was estimated at £569.9k.
Pomanda's financial health check has awarded Mpi Workboats Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £569.9k, make it smaller than the average company (£2.3m)
£569.9k - Mpi Workboats Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.4%)
9% - Mpi Workboats Limited
4.4% - Industry AVG
Production
with a gross margin of 37.4%, this company has a comparable cost of product (37.4%)
37.4% - Mpi Workboats Limited
37.4% - Industry AVG
Profitability
an operating margin of -49.5% make it less profitable than the average company (6.1%)
-49.5% - Mpi Workboats Limited
6.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (21)
4 - Mpi Workboats Limited
21 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
£42k - Mpi Workboats Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £142.5k, this is equally as efficient (£143k)
£142.5k - Mpi Workboats Limited
£143k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (46 days)
4 days - Mpi Workboats Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 195 days, this is slower than average (33 days)
195 days - Mpi Workboats Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mpi Workboats Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is less cash available to meet short term requirements (21 weeks)
17 weeks - Mpi Workboats Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.7%, this is a higher level of debt than the average (68.1%)
129.7% - Mpi Workboats Limited
68.1% - Industry AVG
MPI WORKBOATS LIMITED financials
EXPORT
Mpi Workboats Limited's latest turnover from December 2017 is estimated at £569.9 thousand and the company has net assets of -£165.7 thousand. According to their latest financial statements, Mpi Workboats Limited has 4 employees and maintains cash reserves of £239.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
569,945
538,936
1,048,231
441,432
281,469
276,885
191,978
163,495
96,449
Other Income Or Grants
Cost Of Sales
356,591
334,684
667,044
285,545
183,528
177,483
120,307
99,979
Gross Profit
213,354
204,252
381,187
155,887
97,941
99,402
71,671
63,516
Admin Expenses
495,688
299,569
398,228
130,928
107,043
111,082
-4,014
12,134
-4,553
Operating Profit
-282,334
-95,317
-17,041
24,959
-9,102
-11,680
75,685
51,382
4,553
Interest Payable
Interest Receivable
1,005
658
1,368
Pre-Tax Profit
-281,329
-94,659
-15,673
15,494
-28,248
-10,506
77,081
55,400
4,592
Tax
5,117
20,632
136
-20,503
-18,180
-1,286
Profit After Tax
-281,329
-94,659
-15,673
20,611
-7,616
-10,370
56,578
37,220
3,306
Dividends Paid
Retained Profit
-281,329
-94,659
-15,673
20,611
-7,616
-10,370
56,578
37,220
3,306
Employee Costs
167,868
252,413
166,553
124,669
82,272
80,170
57,996
55,246
38,551
Number Of Employees
4
6
4
3
2
2
4
3
3
EBITDA*
-282,334
-95,317
-16,644
26,569
-7,492
-10,577
75,685
51,382
4,553
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
397
2,007
3,617
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
397
2,007
3,617
Stock & work in progress
Trade Debtors
6,298
2,057
7,533
Group Debtors
191,781
264,161
186,788
431,942
102,299
52,332
241,935
150,884
79,352
Misc Debtors
121,308
96,171
108,336
128,448
108,976
55,529
60,696
28,936
17,108
Cash
239,672
162,236
364,501
182,891
269,374
325,044
199,091
109,605
15,395
misc current assets
total current assets
559,059
524,625
659,625
743,281
480,649
440,438
501,722
289,425
111,855
total assets
559,059
524,625
659,625
743,678
482,656
444,055
501,722
289,425
111,855
Bank overdraft
Bank loan
Trade Creditors
191,026
137,964
219,790
194,502
160,339
123,369
105,703
49,555
8,926
Group/Directors Accounts
347,201
35,594
3,127
917
17,452
18,803
104,835
16,261
73,890
other short term finances
hp & lease commitments
other current liabilities
186,575
235,481
226,463
322,341
99,558
88,960
67,891
56,894
25,633
total current liabilities
724,802
409,039
449,380
517,760
277,349
231,132
278,429
122,710
108,449
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
724,802
409,039
449,380
517,760
277,349
231,132
278,429
122,710
108,449
net assets
-165,743
115,586
210,245
225,918
205,307
212,923
223,293
166,715
3,406
total shareholders funds
-165,743
115,586
210,245
225,918
205,307
212,923
223,293
166,715
3,406
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-282,334
-95,317
-17,041
24,959
-9,102
-11,680
75,685
51,382
4,553
Depreciation
397
1,610
1,610
1,103
Amortisation
Tax
5,117
20,632
136
-20,503
-18,180
-1,286
Stock
Debtors
-43,002
67,265
-265,266
349,115
95,881
-187,237
122,811
83,360
96,460
Creditors
53,062
-81,826
25,288
34,163
36,970
17,666
56,148
40,629
8,926
Accruals and Deferred Income
-48,906
9,018
-95,878
222,783
10,598
21,069
10,997
31,261
25,633
Deferred Taxes & Provisions
Cash flow from operations
-235,176
-235,390
178,032
-60,483
-35,173
215,531
-484
21,732
-58,634
Investing Activities
capital expenditure
-4,720
Change in Investments
cash flow from investments
-4,720
Financing Activities
Bank loans
Group/Directors Accounts
311,607
32,467
2,210
-16,535
-1,351
-86,032
88,574
-57,629
73,890
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
126,089
100
interest
1,005
658
1,368
cash flow from financing
312,612
33,125
3,578
-16,535
-1,351
-86,032
88,574
68,460
73,990
cash and cash equivalents
cash
77,436
-202,265
181,610
-86,483
-55,670
125,953
89,486
94,210
15,395
overdraft
change in cash
77,436
-202,265
181,610
-86,483
-55,670
125,953
89,486
94,210
15,395
mpi workboats limited 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 mpi workboats limited. Get real-time insights into mpi workboats limited's credit score, group structure and payment trends.
Perform a competitor analysis for mpi workboats limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in TS18 area or any other competitors across 12 key performance metrics.
mpi workboats limited Ownership
MPI WORKBOATS LIMITED group structure
Mpi Workboats Limited has no subsidiary companies.
82990 - Other business support service activities n.e.c.
incorporation date
December 2008
age
17
incorporated
UK
ultimate parent company
VROON GROUP BV
accounts
Small Company
last accounts submitted
December 2017
previous names
N/A
accountant
-
auditor
-
address
frp advisory llp 1st floor, no. 34 falcon court, preston farm business park, stockton on tees, TS18 3TX
Bank
ABN AMRO BANK
Legal Advisor
-
mpi workboats 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 mpi workboats limited.
mpi workboats 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 MPI WORKBOATS LIMITED. This can take several minutes, an email will notify you when this has completed.
mpi workboats limitedCompanies House Filings - See Documents
