mvv environment devonport limited
mvv environment devonport limited Company Information
Company Number
07412959
Next Accounts
Jun 2025
Industry
Steam and air conditioning supply
Treatment and disposal of non-hazardous waste
Shareholders
mvv environment ltd
Group Structure
View All
Contact
Registered Address
devonport efw chp facility, creek road, plymouth, PL5 1FL
Website
https://www.mvv.demvv environment devonport limited Estimated Valuation
Pomanda estimates the enterprise value of MVV ENVIRONMENT DEVONPORT LIMITED at £180.6m based on a Turnover of £58.2m and 3.1x industry multiple (adjusted for size and gross margin).
mvv environment devonport limited Estimated Valuation
Pomanda estimates the enterprise value of MVV ENVIRONMENT DEVONPORT LIMITED at £447.5m based on an EBITDA of £34.8m and a 12.84x industry multiple (adjusted for size and gross margin).
mvv environment devonport limited Estimated Valuation
Pomanda estimates the enterprise value of MVV ENVIRONMENT DEVONPORT LIMITED at £123m based on Net Assets of £45.7m and 2.69x industry multiple (adjusted for liquidity).
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Mvv Environment Devonport Limited Overview
Mvv Environment Devonport Limited is a live company located in plymouth, PL5 1FL with a Companies House number of 07412959. It operates in the production of electricity sector, SIC Code 35110. Founded in October 2010, it's largest shareholder is mvv environment ltd with a 100% stake. Mvv Environment Devonport Limited is a established, large sized company, Pomanda has estimated its turnover at £58.2m with healthy growth in recent years.
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Mvv Environment Devonport Limited Health Check
Pomanda's financial health check has awarded Mvv Environment Devonport Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £58.2m, make it larger than the average company (£5.6m)
£58.2m - Mvv Environment Devonport Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9%)
6% - Mvv Environment Devonport Limited
9% - Industry AVG
Production
with a gross margin of 71.7%, this company has a lower cost of product (39.3%)
71.7% - Mvv Environment Devonport Limited
39.3% - Industry AVG
Profitability
an operating margin of 43% make it more profitable than the average company (21.7%)
43% - Mvv Environment Devonport Limited
21.7% - Industry AVG
Employees
with 36 employees, this is above the industry average (17)
36 - Mvv Environment Devonport Limited
17 - Industry AVG
Pay Structure
on an average salary of £61.1k, the company has an equivalent pay structure (£58.6k)
£61.1k - Mvv Environment Devonport Limited
£58.6k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£288.2k)
£1.6m - Mvv Environment Devonport Limited
£288.2k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (41 days)
17 days - Mvv Environment Devonport Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (28 days)
21 days - Mvv Environment Devonport Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 103 days, this is more than average (10 days)
103 days - Mvv Environment Devonport Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (20 weeks)
72 weeks - Mvv Environment Devonport Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.5%, this is a higher level of debt than the average (68.6%)
75.5% - Mvv Environment Devonport Limited
68.6% - Industry AVG
MVV ENVIRONMENT DEVONPORT LIMITED financials
Mvv Environment Devonport Limited's latest turnover from September 2023 is £58.2 million and the company has net assets of £45.7 million. According to their latest financial statements, Mvv Environment Devonport Limited has 36 employees and maintains cash reserves of £26.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 58,161,067 | 80,438,946 | 41,279,725 | 48,665,604 | 39,528,366 | 38,839,566 | 34,862,871 | 25,684,659 | 138,291 | 117,647 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 16,468,663 | 18,244,732 | 13,185,212 | 14,566,220 | 8,002,433 | 7,095,406 | 9,450,153 | 6,325,060 | 0 | |||
| Gross Profit | 41,692,404 | 62,194,214 | 28,094,513 | 34,099,384 | 31,525,933 | 31,744,160 | 25,412,718 | 19,359,599 | 138,291 | |||
| Admin Expenses | 16,684,364 | 23,031,281 | 14,131,472 | 14,542,724 | 15,358,369 | 15,486,653 | 14,904,937 | 7,383,901 | 6,068,313 | |||
| Operating Profit | 25,008,040 | 39,162,933 | 13,963,041 | 19,556,660 | 16,167,564 | 16,257,507 | 10,507,781 | 11,975,698 | -5,930,022 | 646,275 | ||
| Interest Payable | 11,179,800 | 18,506,164 | 13,248,550 | 14,028,851 | 14,541,700 | 15,110,621 | 15,695,200 | 7,882,562 | 482,064 | 479,354 | 0 | 0 |
| Interest Receivable | 351 | 66,732 | 37,414 | 124,083 | 14,245 | 10,186 | 14,234 | 15,348 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 13,828,591 | 20,723,501 | 751,905 | 5,651,892 | 1,627,108 | 1,117,727 | -5,185,566 | 4,080,103 | -1,903,363 | 166,921 | -3,624,162 | -702,053 |
| Tax | -4,431,068 | -879,279 | -255,032 | -909,858 | -330,140 | 0 | 0 | 0 | 0 | 0 | -221,326 | 221,326 |
| Profit After Tax | 9,397,523 | 19,844,222 | 496,873 | 4,742,034 | 1,296,968 | 1,117,727 | -5,185,566 | 4,080,103 | -1,903,363 | 166,921 | -3,845,488 | -480,727 |
| Dividends Paid | 16,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -6,602,477 | 19,844,222 | 496,873 | 4,742,034 | 1,296,968 | 1,117,727 | -5,185,566 | 4,080,103 | -1,903,363 | 166,921 | -3,845,488 | -480,727 |
| Employee Costs | 2,199,649 | 2,931,042 | 1,812,381 | 1,743,366 | 1,761,216 | 1,807,186 | 1,730,267 | 1,861,900 | 1,558,757 | 665,280 | ||
| Number Of Employees | 36 | 35 | 33 | 32 | 32 | 32 | 31 | 31 | 26 | 8 | ||
| EBITDA* | 34,838,723 | 54,225,590 | 24,011,599 | 29,743,264 | 26,310,505 | 26,429,860 | 20,926,037 | 16,907,212 | -5,868,320 | 672,798 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 143,909,096 | 152,762,531 | 167,900,174 | 177,336,169 | 192,426,693 | 202,439,913 | 212,011,990 | 221,954,139 | 198,923,693 | 164,720,100 | 95,606,017 | 23,372,003 |
| Intangible Assets | 0 | 0 | 0 | 5,117,158 | 185,657 | 342,255 | 524,659 | 715,548 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,075,497 | 4,301,380 | 5,108,814 | 0 | 0 | 0 | 0 | 0 | 1,085,266 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 996,749 | 883,116 | 0 |
| Total Fixed Assets | 147,984,593 | 157,063,911 | 173,008,988 | 182,453,327 | 192,612,350 | 202,782,168 | 212,536,649 | 222,669,687 | 200,008,959 | 165,716,849 | 96,489,133 | 23,372,003 |
| Stock & work in progress | 4,687,994 | 4,939,071 | 4,602,136 | 4,538,404 | 9,133,094 | 4,874,990 | 1,918,522 | 2,019,680 | 843,140 | 0 | 0 | 0 |
| Trade Debtors | 2,799,902 | 2,933,962 | 3,115,042 | 6,369,660 | 5,441,687 | 8,380,033 | 5,368,781 | 3,917,522 | 413,455 | 74,231 | 202,513 | 14,842 |
| Group Debtors | 1,975,982 | 3,572,441 | 1,526,397 | 3,308,362 | 747,338 | 225,171 | 609,735 | 630,222 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,642,156 | 2,426,716 | 2,936,407 | 641,218 | 1,620,918 | 1,570,640 | 1,688,932 | 1,889,697 | 0 | 210,007 | 143,405 | 277,049 |
| Cash | 26,454,717 | 29,355,881 | 12,858,788 | 11,182,223 | 2,645,169 | 1,119,278 | 3,112,768 | 5,694,393 | 15,670,130 | 14,325,199 | 9,513,090 | 3,189,665 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 38,560,751 | 43,228,071 | 25,038,770 | 26,039,867 | 19,588,206 | 16,170,112 | 12,698,738 | 14,151,514 | 16,926,725 | 14,609,437 | 9,859,008 | 3,481,556 |
| total assets | 186,545,344 | 200,291,982 | 198,047,758 | 208,493,194 | 212,200,556 | 218,952,280 | 225,235,387 | 236,821,201 | 216,935,684 | 180,326,286 | 106,348,141 | 26,853,559 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 956,846 | 313,372 | 384,432 | 399,300 | 336,531 | 218,145 | 481,437 | 849,920 | 566,124 | 173,109 | 0 | 117,249 |
| Group/Directors Accounts | 13,303,803 | 13,356,644 | 11,281,131 | 0 | 0 | 0 | 0 | 0 | 15,181,123 | 22,781,066 | 5,941,164 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 37,506 | 37,196 | 36,736 | 4,010 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,758,609 | 2,305,493 | 1,865,052 | 13,722,201 | 13,619,694 | 12,769,988 | 13,077,759 | 10,283,595 | 4,360,871 | 105,123 | 233,981 | 15,764 |
| total current liabilities | 19,056,764 | 16,012,705 | 13,567,351 | 14,125,511 | 13,956,225 | 12,988,133 | 13,559,196 | 11,133,515 | 20,108,118 | 23,059,298 | 6,175,145 | 133,013 |
| loans | 114,822,040 | 127,897,861 | 147,511,590 | 0 | 0 | 0 | 0 | 0 | 169,065,119 | 127,070,621 | 69,577,326 | 10,930,119 |
| hp & lease commitments | 36,003 | 73,509 | 129,188 | 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 |
| other liabilities | 0 | 0 | 0 | 158,544,312 | 167,533,940 | 176,523,565 | 185,104,571 | 193,889,887 | 0 | 0 | 0 | 0 |
| provisions | 6,929,281 | 4,004,174 | 4,380,118 | 7,721,466 | 6,979,398 | 6,981,950 | 3,479,480 | 3,560,706 | 1,825,104 | 2,355,661 | 2,921,885 | 3,271,154 |
| total long term liabilities | 121,787,324 | 131,975,544 | 152,020,896 | 162,405,045 | 171,023,639 | 180,014,540 | 186,844,311 | 195,670,240 | 170,890,223 | 129,426,282 | 72,499,211 | 14,201,273 |
| total liabilities | 140,844,088 | 147,988,249 | 165,588,247 | 176,530,556 | 184,979,864 | 193,002,673 | 200,403,507 | 206,803,755 | 190,998,341 | 152,485,580 | 78,674,356 | 14,334,286 |
| net assets | 45,701,256 | 52,303,733 | 32,459,511 | 31,962,638 | 27,220,692 | 25,949,607 | 24,831,880 | 30,017,446 | 25,937,343 | 27,840,706 | 27,673,785 | 12,519,273 |
| total shareholders funds | 45,701,256 | 52,303,733 | 32,459,511 | 31,962,638 | 27,220,692 | 25,949,607 | 24,831,880 | 30,017,446 | 25,937,343 | 27,840,706 | 27,673,785 | 12,519,273 |
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 25,008,040 | 39,162,933 | 13,963,041 | 19,556,660 | 16,167,564 | 16,257,507 | 10,507,781 | 11,975,698 | -5,930,022 | 646,275 | ||
| Depreciation | 9,830,683 | 15,062,657 | 10,008,604 | 10,040,901 | 9,986,343 | 9,989,949 | 10,227,367 | 4,783,752 | 61,702 | 26,523 | 27,917 | 20,123 |
| Amortisation | 0 | 0 | 39,954 | 145,703 | 156,598 | 182,404 | 190,889 | 147,762 | 0 | 0 | 0 | 0 |
| Tax | -4,431,068 | -879,279 | -255,032 | -909,858 | -330,140 | 0 | 0 | 0 | 0 | 0 | -221,326 | 221,326 |
| Stock | -251,077 | 336,935 | 63,732 | -4,594,690 | 4,258,104 | 2,956,468 | -101,158 | 1,176,540 | 843,140 | 0 | 0 | 0 |
| Debtors | -1,515,079 | 1,355,273 | -2,741,394 | 2,509,297 | -2,365,901 | 2,508,396 | 1,230,007 | 6,023,986 | -867,532 | 51,953 | 937,143 | 291,891 |
| Creditors | 643,474 | -71,060 | -14,868 | 62,769 | 118,386 | -263,292 | -368,483 | 283,796 | 393,015 | 173,109 | -117,249 | 117,249 |
| Accruals and Deferred Income | 2,453,116 | 440,441 | -11,857,149 | 102,507 | 849,706 | -307,771 | 2,794,164 | 5,922,724 | 4,255,748 | -128,858 | 218,217 | 15,764 |
| Deferred Taxes & Provisions | 2,925,107 | -375,944 | -3,341,348 | 742,068 | -2,552 | 3,502,470 | -81,226 | 1,735,602 | -530,557 | -566,224 | -349,269 | 3,271,154 |
| Cash flow from operations | 38,195,508 | 51,647,540 | 11,220,864 | 31,826,143 | 25,053,702 | 23,896,403 | 22,141,643 | 17,648,808 | -1,725,722 | 98,872 | ||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -225,883 | -807,434 | 5,108,814 | 0 | 0 | 0 | 0 | -1,085,266 | 1,085,266 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -52,841 | 2,075,513 | 11,281,131 | 0 | 0 | 0 | 0 | -15,181,123 | -7,599,943 | 16,839,902 | 5,941,164 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -13,075,821 | -19,613,729 | 147,511,590 | 0 | 0 | 0 | 0 | -169,065,119 | 41,994,498 | 57,493,295 | 58,647,207 | 10,930,119 |
| Hire Purchase and Lease Commitments | -37,196 | -55,219 | 161,914 | 4,010 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -158,544,312 | -8,989,628 | -8,989,625 | -8,581,006 | -8,785,316 | 193,889,887 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -11,179,449 | -18,439,432 | -13,211,136 | -13,904,768 | -14,527,455 | -15,100,435 | -15,680,966 | -7,867,214 | -482,064 | -479,354 | 0 | 0 |
| cash flow from financing | -24,345,307 | -36,032,867 | -12,800,813 | -22,890,474 | -23,542,963 | -23,681,441 | -24,466,282 | 1,776,431 | 33,912,491 | 73,853,843 | 83,588,371 | 23,930,119 |
| cash and cash equivalents | ||||||||||||
| cash | -2,901,164 | 16,497,093 | 1,676,565 | 8,537,054 | 1,525,891 | -1,993,490 | -2,581,625 | -9,975,737 | 1,344,931 | 4,812,109 | 6,323,425 | 3,189,665 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,901,164 | 16,497,093 | 1,676,565 | 8,537,054 | 1,525,891 | -1,993,490 | -2,581,625 | -9,975,737 | 1,344,931 | 4,812,109 | 6,323,425 | 3,189,665 |
mvv environment devonport limited Credit Report and Business Information
Mvv Environment Devonport Limited Competitor Analysis
Perform a competitor analysis for mvv environment devonport limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in PL5 area or any other competitors across 12 key performance metrics.
mvv environment devonport limited Ownership
MVV ENVIRONMENT DEVONPORT LIMITED group structure
Mvv Environment Devonport Limited has no subsidiary companies.
Ultimate parent company
MVV ENERGIE AG
#0042821
2 parents
MVV ENVIRONMENT DEVONPORT LIMITED
07412959
mvv environment devonport limited directors
Mvv Environment Devonport Limited currently has 3 directors. The longest serving directors include Mr Paul Carey (Oct 2010) and Mr Michael Turner (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Carey | England | 67 years | Oct 2010 | - | Director |
| Mr Michael Turner | United Kingdom | 57 years | Dec 2018 | - | Director |
| Mr Peter Knapp | United Kingdom | 58 years | Nov 2020 | - | Director |
P&L
September 2023turnover
58.2m
-28%
operating profit
25m
-36%
gross margin
71.7%
-7.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
45.7m
-0.13%
total assets
186.5m
-0.07%
cash
26.5m
-0.1%
net assets
Total assets minus all liabilities
mvv environment devonport limited company details
company number
07412959
Type
Private limited with Share Capital
industry
35110 - Production of electricity
35300 - Steam and air conditioning supply
38210 - Treatment and disposal of non-hazardous waste
incorporation date
October 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
devonport efw chp facility, creek road, plymouth, PL5 1FL
Bank
-
Legal Advisor
-
mvv environment devonport 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 mvv environment devonport limited.
mvv environment devonport limited Capital Raised & Share Issues BETA
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mvv environment devonport limited Companies House Filings - See Documents
| date | description | view/download |
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