mbn associates limited
mbn associates limited Company Information
Company Number
07416161
Website
-Registered Address
c/c baldwins, first floor intern, 20 hatherton street, walsall, WS4 2LA
Industry
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Michael Moss13 Years
Shareholders
michael moss 99%
gail judith moss 1%
mbn associates limited Estimated Valuation
Pomanda estimates the enterprise value of MBN ASSOCIATES LIMITED at £306.7k based on a Turnover of £982k and 0.31x industry multiple (adjusted for size and gross margin).
mbn associates limited Estimated Valuation
Pomanda estimates the enterprise value of MBN ASSOCIATES LIMITED at £19.5k based on an EBITDA of £8.1k and a 2.4x industry multiple (adjusted for size and gross margin).
mbn associates limited Estimated Valuation
Pomanda estimates the enterprise value of MBN ASSOCIATES LIMITED at £17.1k based on Net Assets of £10.6k and 1.61x industry multiple (adjusted for liquidity).
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Mbn Associates Limited Overview
Mbn Associates Limited is a dissolved company that was located in walsall, WS4 2LA with a Companies House number of 07416161. It operated in the manufacture of tubes, pipes, hollow profiles and related fittings, of steel sector, SIC Code 24200. Founded in October 2010, it's largest shareholder was michael moss with a 99% stake. The last turnover for Mbn Associates Limited was estimated at £982k.
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Mbn Associates Limited Health Check
Pomanda's financial health check has awarded Mbn Associates 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £982k, make it smaller than the average company (£8.3m)
- Mbn Associates Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 277%, show it is growing at a faster rate (4%)
- Mbn Associates Limited
4% - Industry AVG
Production
with a gross margin of 17.8%, this company has a higher cost of product (22.5%)
- Mbn Associates Limited
22.5% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (6%)
- Mbn Associates Limited
6% - Industry AVG
Employees
with 5 employees, this is below the industry average (81)
- Mbn Associates Limited
81 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)
- Mbn Associates Limited
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £196.4k, this is more efficient (£125.6k)
- Mbn Associates Limited
£125.6k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is near the average (79 days)
- Mbn Associates Limited
79 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (47 days)
- Mbn Associates Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mbn Associates Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mbn Associates Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.4%, this is a higher level of debt than the average (49.9%)
95.4% - Mbn Associates Limited
49.9% - Industry AVG
MBN ASSOCIATES LIMITED financials
Mbn Associates Limited's latest turnover from October 2015 is estimated at £982 thousand and the company has net assets of £10.6 thousand. According to their latest financial statements, we estimate that Mbn Associates Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,521 | 344 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,521 | 344 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 225,732 | 194,804 | 87,842 | 100 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 15,476 | 23,509 | 11,431 | 977 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 225,732 | 210,280 | 111,351 | 11,531 | 1,077 |
| total assets | 228,253 | 210,624 | 111,351 | 11,531 | 1,077 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 217,646 | 205,892 | 108,489 | 12,488 | 1,500 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 217,646 | 205,892 | 108,489 | 12,488 | 1,500 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 217,646 | 205,892 | 108,489 | 12,488 | 1,500 |
| net assets | 10,607 | 4,732 | 2,862 | -957 | -423 |
| total shareholders funds | 10,607 | 4,732 | 2,862 | -957 | -423 |
| Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 841 | 114 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 30,928 | 106,962 | 87,742 | 0 | 100 |
| Creditors | 11,754 | 97,403 | 96,001 | 10,988 | 1,500 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -15,476 | -8,033 | 12,078 | 10,454 | 977 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -15,476 | -8,033 | 12,078 | 10,454 | 977 |
mbn associates limited Credit Report and Business Information
Mbn Associates Limited Competitor Analysis
Perform a competitor analysis for mbn associates limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in WS4 area or any other competitors across 12 key performance metrics.
mbn associates limited Ownership
MBN ASSOCIATES LIMITED group structure
Mbn Associates Limited has no subsidiary companies.
Ultimate parent company
MBN ASSOCIATES LIMITED
07416161
mbn associates limited directors
Mbn Associates Limited currently has 1 director, Mr Michael Moss serving since Oct 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Moss | England | 73 years | Oct 2010 | - | Director |
P&L
October 2015turnover
982k
+21%
operating profit
7.3k
0%
gross margin
17.9%
+2.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2015net assets
10.6k
+1.24%
total assets
228.3k
+0.08%
cash
0
-1%
net assets
Total assets minus all liabilities
mbn associates limited company details
company number
07416161
Type
Private limited with Share Capital
industry
24200 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
incorporation date
October 2010
age
14
incorporated
UK
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
last accounts submitted
October 2015
address
c/c baldwins, first floor intern, 20 hatherton street, walsall, WS4 2LA
accountant
-
auditor
-
mbn associates 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 mbn associates limited.
mbn associates limited Companies House Filings - See Documents
| date | description | view/download |
|---|
