Pomanda estimates the enterprise value of MIDLAND RESTORATIONS (UK) LIMITED at £1m based on a Turnover of £2m and 0.51x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MIDLAND RESTORATIONS (UK) LIMITED at £211.8k based on an EBITDA of £66.5k and a 3.18x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MIDLAND RESTORATIONS (UK) LIMITED at £693.1k based on Net Assets of £277k and 2.5x industry multiple (adjusted for liquidity).
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Midland Restorations (uk) LimitedOverview
Midland Restorations (uk) Limited is a live company located in hucknall, NG15 7AW with a Companies House number of 07212878. It operates in the specialised cleaning services sector, SIC Code 81222. Founded in April 2010, it's largest shareholder is
richard harris
with a 50% stake. Midland Restorations (uk) Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Midland Restorations (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £2m, make it larger than the average company (£167.8k)
£2m - Midland Restorations (uk) Limited
£167.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.9%)
10% - Midland Restorations (uk) Limited
7.9% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (26.1%)
16.9% - Midland Restorations (uk) Limited
26.1% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (3.2%)
2.4% - Midland Restorations (uk) Limited
3.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (5)
4 - Midland Restorations (uk) Limited
5 - Industry AVG
Pay Structure
on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)
£22.1k - Midland Restorations (uk) Limited
£22.1k - Industry AVG
Efficiency
resulting in sales per employee of £509.6k, this is more efficient (£52.8k)
£509.6k - Midland Restorations (uk) Limited
£52.8k - Industry AVG
Debtor Days
it gets paid by customers after 141 days, this is later than average (62 days)
141 days - Midland Restorations (uk) Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 173 days, this is slower than average (34 days)
173 days - Midland Restorations (uk) Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is more than average (10 days)
30 days - Midland Restorations (uk) Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is average cash available to meet short term requirements (9 weeks)
8 weeks - Midland Restorations (uk) Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (68%)
75.1% - Midland Restorations (uk) Limited
68% - Industry AVG
MIDLAND RESTORATIONS (UK) LIMITED financials
EXPORT
Midland Restorations (Uk) Limited's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £277 thousand. According to their latest financial statements, Midland Restorations (Uk) Limited has 4 employees and maintains cash reserves of £123.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Turnover
2,038,551
1,573,332
1,419,122
1,517,460
1,963,329
1,415,785
1,418,825
1,598,253
1,412,977
901,208
910,468
660,203
500,716
356,787
Other Income Or Grants
Cost Of Sales
1,693,360
1,305,771
1,181,942
1,124,278
1,346,075
1,034,663
924,559
1,065,852
984,064
702,059
698,337
433,068
326,277
233,271
Gross Profit
345,191
267,562
237,181
393,181
617,254
381,123
494,266
532,401
428,913
199,149
212,131
227,135
174,439
123,517
Admin Expenses
295,895
301,564
249,365
430,495
495,887
411,798
521,437
324,971
394,434
319,422
157,495
167,098
83,682
61,665
Operating Profit
49,296
-34,002
-12,184
-37,314
121,367
-30,675
-27,171
207,430
34,479
-120,273
54,636
60,037
90,757
61,852
Interest Payable
Interest Receivable
5,330
4,099
340
104
490
236
434
203
203
195
80
102
60
15
Pre-Tax Profit
54,625
-29,903
-11,844
-37,210
121,857
-30,439
-26,737
207,634
34,683
-120,078
54,716
60,139
90,818
61,867
Tax
-13,656
-23,153
-41,527
-6,936
-12,585
-14,433
-23,613
-17,323
Profit After Tax
40,969
-29,903
-11,844
-37,210
98,704
-30,439
-26,737
166,107
27,746
-120,078
42,131
45,706
67,205
44,544
Dividends Paid
Retained Profit
40,969
-29,903
-11,844
-37,210
98,704
-30,439
-26,737
166,107
27,746
-120,078
42,131
45,706
67,205
44,544
Employee Costs
88,312
73,721
83,000
92,241
147,320
113,749
133,656
77,270
361,196
165,483
162,244
136,024
155,456
138,669
Number Of Employees
4
4
4
4
5
4
5
3
15
7
7
6
7
6
EBITDA*
66,537
-23,017
2,034
-20,290
143,403
8,673
16,246
238,086
40,153
-119,649
55,468
61,146
92,236
61,852
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Tangible Assets
57,164
33,140
43,179
56,193
71,175
67,994
100,105
94,831
50,721
1,872
2,496
3,328
4,437
5,916
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
57,164
33,140
43,179
56,193
71,175
67,994
100,105
94,831
50,721
1,872
2,496
3,328
4,437
5,916
Stock & work in progress
143,247
10,150
3,648
31,195
49,750
47,545
31,401
39,639
73,396
63,192
13,891
9,121
4,924
15,049
Trade Debtors
789,890
658,562
604,928
616,599
800,639
574,085
576,991
608,078
332,551
262,991
221,093
153,633
143,228
92,162
Group Debtors
Misc Debtors
Cash
123,692
79,347
154,862
116,937
91,235
39,357
23,687
149,874
12,744
68,621
9,268
22,576
18,309
5,822
misc current assets
total current assets
1,056,829
748,059
763,438
764,731
941,624
660,987
632,079
797,591
418,691
394,804
244,252
185,330
166,461
113,033
total assets
1,113,993
781,199
806,617
820,924
1,012,799
728,981
732,184
892,422
469,412
396,676
246,748
188,658
170,898
118,949
Bank overdraft
Bank loan
Trade Creditors
802,825
538,870
525,756
519,173
659,750
475,058
433,075
582,809
327,545
316,694
46,563
30,708
58,419
73,430
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
802,825
538,870
525,756
519,173
659,750
475,058
433,075
582,809
327,545
316,694
46,563
30,708
58,419
73,430
loans
hp & lease commitments
23,029
29,600
Accruals and Deferred Income
other liabilities
19,876
6,722
13,295
24,536
25,098
35,915
provisions
14,291
6,297
8,204
10,677
13,524
12,540
16,470
13,123
4,913
374
499
395
630
875
total long term liabilities
34,167
6,297
14,926
23,972
38,060
37,638
52,385
36,152
34,513
374
499
395
630
875
total liabilities
836,992
545,167
540,682
543,145
697,810
512,696
485,460
618,961
362,058
317,068
47,062
31,103
59,049
74,305
net assets
277,001
236,032
265,935
277,779
314,989
216,285
246,724
273,461
107,354
79,608
199,686
157,555
111,849
44,644
total shareholders funds
277,001
236,032
265,935
277,779
314,989
216,285
246,724
273,461
107,354
79,608
199,686
157,555
111,849
44,644
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Operating Activities
Operating Profit
49,296
-34,002
-12,184
-37,314
121,367
-30,675
-27,171
207,430
34,479
-120,273
54,636
60,037
90,757
61,852
Depreciation
17,241
10,985
14,218
17,024
22,036
39,348
43,417
30,656
5,674
624
832
1,109
1,479
Amortisation
Tax
-13,656
-23,153
-41,527
-6,936
-12,585
-14,433
-23,613
-17,323
Stock
133,097
6,502
-27,547
-18,555
2,205
16,144
-8,238
-33,757
10,204
49,301
4,770
4,197
-10,125
15,049
Debtors
131,328
53,634
-11,671
-184,040
226,554
-2,906
-31,087
275,527
69,560
41,898
67,460
10,405
51,066
92,162
Creditors
263,955
13,114
6,583
-140,577
184,692
41,983
-149,734
255,264
10,851
270,131
15,855
-27,711
-15,011
73,430
Accruals and Deferred Income
Deferred Taxes & Provisions
7,994
-1,907
-2,473
-2,847
984
-3,930
3,347
8,210
4,539
-125
104
-235
-245
875
Cash flow from operations
60,405
-71,946
45,362
38,881
77,167
33,488
-90,816
218,263
-31,157
59,158
-13,388
4,165
12,426
11,623
Investing Activities
capital expenditure
-41,265
-946
-1,204
-2,042
-25,217
-7,237
-48,691
-74,766
-54,523
-5,916
Change in Investments
cash flow from investments
-41,265
-946
-1,204
-2,042
-25,217
-7,237
-48,691
-74,766
-54,523
-5,916
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-23,029
-6,571
29,600
other long term liabilities
19,876
-6,722
-6,573
-11,241
-562
-10,817
35,915
share issue
100
interest
5,330
4,099
340
104
490
236
434
203
203
195
80
102
60
15
cash flow from financing
25,206
-2,623
-6,233
-11,137
-72
-10,581
13,320
-6,368
29,803
195
80
102
60
115
cash and cash equivalents
cash
44,345
-75,515
37,925
25,702
51,878
15,670
-126,187
137,130
-55,877
59,353
-13,308
4,267
12,487
5,822
overdraft
change in cash
44,345
-75,515
37,925
25,702
51,878
15,670
-126,187
137,130
-55,877
59,353
-13,308
4,267
12,487
5,822
midland restorations (uk) 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 midland restorations (uk) limited. Get real-time insights into midland restorations (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for midland restorations (uk) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NG15 area or any other competitors across 12 key performance metrics.
midland restorations (uk) limited Ownership
MIDLAND RESTORATIONS (UK) LIMITED group structure
Midland Restorations (Uk) Limited has no subsidiary companies.
Ultimate parent company
MIDLAND RESTORATIONS (UK) LIMITED
07212878
MIDLAND RESTORATIONS (UK) LIMITED Shareholders
The largest shareholders in Midland Restorations (Uk) Limited include Richard Harris and Neil Craig Barlow.
richard harris
50%
neil craig barlow
50%
midland restorations (uk) limited directors
Midland Restorations (Uk) Limited currently has 2 directors.
The longest serving directors include
Mr Neil Barlow (Apr 2010) and
Mr Richard Harris (Apr 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 found 1 charges/mortgages relating to midland restorations (uk) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
midland restorations (uk) limited Capital Raised & Share Issues BETA
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midland restorations (uk) limitedCompanies House Filings - See Documents
