M-tech Electrical & Mechanical Ltd

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m-tech electrical & mechanical ltd Company Information

Live

EstablishedSmallRapid

Company Number

06901341

Website

techeandm.com

Registered Address

unit 3 market industrial estate, yatton, bristol, somerset, BS49 4RF

Industry

Electrical installation

Telephone

01934876222

Next Accounts Due

December 2024

Group Structure

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Directors

Michael Bell15 Years

Shareholders

nicola jane bell 50%

michael graham bell 50%

m-tech electrical & mechanical ltd Estimated Valuation

£668.9k

Pomanda estimates the enterprise value of M-TECH ELECTRICAL & MECHANICAL LTD at £668.9k based on a Turnover of £1.3m and 0.53x industry multiple (adjusted for size and gross margin).

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M-tech Electrical & Mechanical Ltd is a live company located in bristol, BS49 4RF with a Companies House number of 06901341. It operates in the electrical installation sector, SIC Code 43210. Founded in May 2009, it's largest shareholder is nicola jane bell with a 50% stake. M-tech Electrical & Mechanical Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.

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Pomanda's financial health check has awarded M-Tech Electrical & Mechanical Ltd 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 £1.3m, make it larger than the average company (£864.8k)

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (6.7%)

EXPORT

M-Tech Electrical & Mechanical Ltd's latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of -£47. According to their latest financial statements, M-Tech Electrical & Mechanical Ltd has 8 employees and maintains cash reserves of £203 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	1,252,660	599,225	547,646	459,524	566,683	1,196,029	593,395	1,030,756	688,332	1,203,690	876,652	641,149	482,757	435,662
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	933,947	448,527	410,340	342,370	411,933	861,404	423,296	721,979	477,817	826,802	585,708	420,992	299,034	264,826
Gross Profit	318,713	150,698	137,307	117,153	154,749	334,625	170,098	308,778	210,515	376,888	290,944	220,157	183,723	170,836
Admin Expenses	308,168	146,087	149,738	97,574	154,182	348,339	215,517	234,931	264,784	325,346	283,825	214,033	210,060	125,994
Operating Profit	10,545	4,611	-12,431	19,579	567	-13,714	-45,419	73,847	-54,269	51,542	7,119	6,124	-26,337	44,842
Interest Payable	10,620	5,487	1,750	1,287	1,175	473	455	0	0	0	0	0	0	0
Interest Receivable	9	140	22	3	50	33	7	42	119	127	37	0	3	3
Pre-Tax Profit	-65	-736	-14,160	18,295	-558	-14,154	-45,867	73,889	-54,150	51,669	7,157	6,124	-26,334	44,846
Tax	0	0	0	-3,476	0	0	0	-14,778	0	-11,884	-1,718	-1,592	0	-12,557
Profit After Tax	-65	-736	-14,160	14,819	-558	-14,154	-45,867	59,111	-54,150	39,785	5,439	4,532	-26,334	32,289
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-65	-736	-14,160	14,819	-558	-14,154	-45,867	59,111	-54,150	39,785	5,439	4,532	-26,334	32,289
Employee Costs	327,824	314,039	303,980	313,264	359,680	345,233	198,792	316,581	196,801	338,085	255,917	182,491	178,906	146,736
Number Of Employees	8	8	8	8	9	9	5	8	5	9	7	5	5	4
EBITDA*	10,849	5,255	-11,969	19,974	1,011	-10,877	-37,143	82,000	-44,895	60,741	10,528	9,443	-22,135	49,044

* 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	640	668	410	539	934	1,378	2,811	10,597	18,423	18,670	4,712	7,671	15,190	19,392
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	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	0	0	0
Total Fixed Assets	640	668	410	539	934	1,378	2,811	10,597	18,423	18,670	4,712	7,671	15,190	19,392
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	295,000	122,916	124,500	70,542	71,274	224,665	142,418	224,199	101,927	199,036	140,044	102,706	74,134	70,661
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	114,752	38,151	39,751	77,055	24,082	819	1,301	0	0	0	0	0	0
Cash	203	243	37,063	6,054	204	13,104	205	5,040	11,637	35,927	14,913	0	0	1,352
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	295,203	237,911	199,714	116,347	148,533	261,851	143,442	230,540	113,564	234,963	154,957	102,706	74,134	72,013
total assets	295,843	238,579	200,124	116,886	149,467	263,229	146,253	241,137	131,987	253,633	159,669	110,377	89,324	91,405
Bank overdraft	35,845	9,588	0	7,389	27,411	0	14,557	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	111,424	29,953	16,129	19,492	54,299	173,494	22,073	61,127	130,424	197,920	143,741	99,888	83,367	59,114
Group/Directors Accounts	0	0	0	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	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	89,836	96,020	133,241	75,091	60,271	89,082	94,816	119,336	0	0	0	0	0	0
total current liabilities	237,105	135,561	149,370	101,972	141,981	262,576	131,446	180,463	130,424	197,920	143,741	99,888	83,367	59,114
loans	58,785	103,000	50,000	0	7,391	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	58,785	103,000	50,000	0	7,391	0	0	0	0	0	0	0	0	0
total liabilities	295,890	238,561	199,370	101,972	149,372	262,576	131,446	180,463	130,424	197,920	143,741	99,888	83,367	59,114
net assets	-47	18	754	14,914	95	653	14,807	60,674	1,563	55,713	15,928	10,489	5,957	32,291
total shareholders funds	-47	18	754	14,914	95	653	14,807	60,674	1,563	55,713	15,928	10,489	5,957	32,291

	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	10,545	4,611	-12,431	19,579	567	-13,714	-45,419	73,847	-54,269	51,542	7,119	6,124	-26,337	44,842
Depreciation	304	644	462	395	444	2,837	8,276	8,153	9,374	9,199	3,409	3,319	4,202	4,202
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	-3,476	0	0	0	-14,778	0	-11,884	-1,718	-1,592	0	-12,557
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	57,332	75,017	52,358	-38,036	-100,418	105,510	-82,263	123,573	-97,109	58,992	37,338	28,572	3,473	70,661
Creditors	81,471	13,824	-3,363	-34,807	-119,195	151,421	-39,054	-69,297	-67,496	54,179	43,853	16,521	24,253	59,114
Accruals and Deferred Income	-6,184	-37,221	58,150	14,820	-28,811	-5,734	-24,520	119,336	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	28,804	-93,159	-9,540	34,547	-46,577	29,300	-18,454	-6,312	-15,282	44,044	15,325	-4,200	-1,355	24,940
Investing Activities
capital expenditure	-276	-902	-333	0	0	-1,404	-490	-327	-9,127	-23,157	-450	4,200	0	-23,594
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-276	-902	-333	0	0	-1,404	-490	-327	-9,127	-23,157	-450	4,200	0	-23,594
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	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-44,215	53,000	50,000	-7,391	7,391	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	2
interest	-10,611	-5,347	-1,728	-1,284	-1,125	-440	-448	42	119	127	37	0	3	3
cash flow from financing	-54,826	47,653	48,272	-8,675	6,266	-440	-448	42	119	127	37	0	3	5
cash and cash equivalents
cash	-40	-36,820	31,009	5,850	-12,900	12,899	-4,835	-6,597	-24,290	21,014	14,913	0	-1,352	1,352
overdraft	26,257	9,588	-7,389	-20,022	27,411	-14,557	14,557	0	0	0	0	0	0	0
change in cash	-26,297	-46,408	38,398	25,872	-40,311	27,456	-19,392	-6,597	-24,290	21,014	14,913	0	-1,352	1,352

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for m-tech electrical & mechanical ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BS49 area or any other competitors across 12 key performance metrics.

M-TECH ELECTRICAL & MECHANICAL LTD group structure

M-Tech Electrical & Mechanical Ltd has no subsidiary companies.

Ultimate parent company

M-TECH ELECTRICAL & MECHANICAL LTD

06901341

M-TECH ELECTRICAL & MECHANICAL LTD Shareholders

nicola jane bell	50%
michael graham bell	50%

M-Tech Electrical & Mechanical Ltd currently has 1 director, Mr Michael Bell serving since May 2009.

officer	country	age	start	end	role
Mr Michael Bell	United Kingdom	61 years	May 2009	-	Director

P&L

March 2023

turnover

1.3m

+109%

operating profit

10.5k

gross margin

25.5%

+1.17%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-47

-3.61%

total assets

295.8k

+0.24%

cash

203

-0.16%

net assets

Total assets minus all liabilities

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company number

06901341

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

May 2009

accounts

Total Exemption Full

ultimate parent company

None

previous names

m-tech electrical & mechanical services ltd (August 2015)

m & n electrical services limited (July 2015)

last accounts submitted

March 2023

address

unit 3 market industrial estate, yatton, bristol, somerset, BS49 4RF

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m-tech electrical & mechanical ltd Company Information

m-tech electrical & mechanical ltd Estimated Valuation

m-tech electrical & mechanical ltd Estimated Valuation

m-tech electrical & mechanical ltd Estimated Valuation

M-tech Electrical & Mechanical Ltd Overview

M-tech Electrical & Mechanical Ltd Health Check

M-TECH ELECTRICAL & MECHANICAL LTD financials

m-tech electrical & mechanical ltd Credit Report and Business Information

M-tech Electrical & Mechanical Ltd Competitor Analysis

m-tech electrical & mechanical ltd Ownership

m-tech electrical & mechanical ltd directors

m-tech electrical & mechanical ltd company details

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