Pomanda estimates the enterprise value of MEERING CONSTRUCTION LIMITED at £161.9k based on a Turnover of £492.3k and 0.33x industry multiple (adjusted for size and gross margin).
meering construction limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MEERING CONSTRUCTION LIMITED at £0 based on an EBITDA of £-58k and a 2.6x industry multiple (adjusted for size and gross margin).
meering construction limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MEERING CONSTRUCTION LIMITED at £0 based on Net Assets of £-329.2k and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Meering Construction LimitedOverview
Meering Construction Limited is a live company located in london, WC1B 3QJ with a Companies House number of 07012753. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2009, it's largest shareholder is
nicholas michael cussy
with a 90% stake. Meering Construction Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£492.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Meering Construction Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £492.3k, make it smaller than the average company (£2m)
£492.3k - Meering Construction Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.9%)
-20% - Meering Construction Limited
2.9% - Industry AVG
Production
with a gross margin of 9.9%, this company has a higher cost of product (24.9%)
9.9% - Meering Construction Limited
24.9% - Industry AVG
Profitability
an operating margin of -11.8% make it less profitable than the average company (8.8%)
-11.8% - Meering Construction Limited
8.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Meering Construction Limited
6 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
£43.2k - Meering Construction Limited
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £492.3k, this is more efficient (£262.8k)
£492.3k - Meering Construction Limited
£262.8k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (29 days)
8 days - Meering Construction Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 242 days, this is slower than average (30 days)
242 days - Meering Construction Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Meering Construction Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Meering Construction Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2174.1%, this is a higher level of debt than the average (74.2%)
2174.1% - Meering Construction Limited
74.2% - Industry AVG
MEERING CONSTRUCTION LIMITED financials
EXPORT
Meering Construction Limited's latest turnover from September 2020 is estimated at £492.3 thousand and the company has net assets of -£329.2 thousand. According to their latest financial statements, Meering Construction Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Turnover
492,295
447,882
637,271
969,949
1,457,762
950,396
921,121
776,204
70,588
18,435
15,968
Other Income Or Grants
Cost Of Sales
443,826
402,033
569,826
857,715
1,287,617
845,991
818,450
693,433
63,576
16,623
14,386
Gross Profit
48,469
45,849
67,444
112,234
170,145
104,405
102,671
82,771
7,012
1,812
1,582
Admin Expenses
106,505
-27,547
-35,867
141,038
322,155
117,540
313,080
55,714
19,192
3,975
4,565
Operating Profit
-58,036
73,396
103,311
-28,804
-152,010
-13,135
-210,409
27,057
-12,180
-2,163
-2,983
Interest Payable
3,304
7,268
3,832
Interest Receivable
16
394
431
83
14
Pre-Tax Profit
-58,036
73,396
103,311
-28,804
-155,298
-20,010
-213,810
27,140
-12,166
-2,163
-2,983
Tax
-13,945
-19,629
-6,242
Profit After Tax
-58,036
59,451
83,682
-28,804
-155,298
-20,010
-213,810
20,898
-12,166
-2,163
-2,983
Dividends Paid
Retained Profit
-58,036
59,451
83,682
-28,804
-155,298
-20,010
-213,810
20,898
-12,166
-2,163
-2,983
Employee Costs
43,243
42,664
42,142
83,262
82,000
79,272
74,750
72,115
35,942
34,931
33,680
Number Of Employees
1
1
1
2
2
2
2
2
1
1
1
EBITDA*
-58,036
73,396
103,311
-28,804
-152,010
-11,152
-210,409
27,057
-11,016
-1,034
-1,837
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Tangible Assets
4,294
5,082
1,063
1,595
843
3,967
5,950
1,164
2,293
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,294
5,082
1,063
1,595
843
3,967
5,950
1,164
2,293
Stock & work in progress
6,000
6,000
6,000
6,000
6,000
6,000
Trade Debtors
11,580
15,293
10,139
60,286
222,286
196,879
150,770
232,566
9
8
Group Debtors
Misc Debtors
Cash
12,603
144,848
27,701
5,581
39
6
misc current assets
total current assets
11,580
15,293
10,139
60,286
222,286
215,482
301,618
266,267
11,581
6,048
6,014
total assets
15,874
20,375
11,202
61,881
223,129
219,449
307,568
266,267
11,581
7,212
8,307
Bank overdraft
Bank loan
Trade Creditors
295,113
291,578
341,856
476,217
500,035
343,851
399,780
157,017
28,891
12,356
11,288
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
295,113
291,578
341,856
476,217
500,035
343,851
399,780
157,017
28,891
12,356
11,288
loans
105,732
117,912
hp & lease commitments
Accruals and Deferred Income
other liabilities
50,000
108,626
105,564
provisions
total long term liabilities
50,000
108,626
105,732
117,912
105,564
total liabilities
345,113
291,578
341,856
476,217
608,661
449,583
517,692
262,581
28,891
12,356
11,288
net assets
-329,239
-271,203
-330,654
-414,336
-385,532
-230,134
-210,124
3,686
-17,310
-5,144
-2,981
total shareholders funds
-329,239
-271,203
-330,654
-414,336
-385,532
-230,134
-210,124
3,686
-17,310
-5,144
-2,981
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Operating Activities
Operating Profit
-58,036
73,396
103,311
-28,804
-152,010
-13,135
-210,409
27,057
-12,180
-2,163
-2,983
Depreciation
1,983
1,164
1,129
1,146
Amortisation
Tax
-13,945
-19,629
-6,242
Stock
-6,000
6,000
Debtors
-3,713
5,154
-50,147
-162,000
25,407
46,109
-81,796
232,566
-9
1
8
Creditors
3,535
-50,278
-134,361
-23,818
156,184
-55,929
242,763
128,126
16,535
1,068
11,288
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-50,788
4,019
-532
109,378
-15,233
-113,190
114,150
-83,625
5,528
33
3,443
Investing Activities
capital expenditure
788
-4,019
532
-752
3,124
-5,950
-3,439
Change in Investments
cash flow from investments
788
-4,019
532
-752
3,124
-5,950
-3,439
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-105,732
-12,180
117,912
Hire Purchase and Lease Commitments
other long term liabilities
50,000
-108,626
108,626
-105,564
105,564
share issue
-100
98
2
interest
-3,288
-6,874
-3,401
83
14
cash flow from financing
50,000
-108,626
-494
-19,054
8,947
105,745
14
2
cash and cash equivalents
cash
-12,603
-132,245
117,147
22,120
5,542
33
6
overdraft
change in cash
-12,603
-132,245
117,147
22,120
5,542
33
6
meering construction 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 meering construction limited. Get real-time insights into meering construction limited's credit score, group structure and payment trends.
Perform a competitor analysis for meering construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WC1B area or any other competitors across 12 key performance metrics.
meering construction limited Ownership
MEERING CONSTRUCTION LIMITED group structure
Meering Construction Limited has no subsidiary companies.
Ultimate parent company
MEERING CONSTRUCTION LIMITED
07012753
MEERING CONSTRUCTION LIMITED Shareholders
The largest shareholders in Meering Construction Limited include Nicholas Michael Cussy and Kenneth John Grimes.
nicholas michael cussy
90%
kenneth john grimes
10%
meering construction limited directors
Meering Construction Limited currently has 1 director, Mr Nicholas Cussy serving since Mar 2010.
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 meering construction limited.
meering construction 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 MEERING CONSTRUCTION LIMITED. This can take several minutes, an email will notify you when this has completed.
meering construction limitedCompanies House Filings - See Documents
