Pomanda estimates the enterprise value of METER MACS LIMITED at £406.5k based on a Turnover of £1m and 0.4x industry multiple (adjusted for size and gross margin).
meter macs limitedEstimated Valuation
£381.5k
Pomanda estimates the enterprise value of METER MACS LIMITED at £381.5k based on an EBITDA of £129.4k and a 2.95x industry multiple (adjusted for size and gross margin).
meter macs limitedEstimated Valuation
£552.2k
Pomanda estimates the enterprise value of METER MACS LIMITED at £552.2k based on Net Assets of £350.6k and 1.58x industry multiple (adjusted for liquidity).
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Meter Macs LimitedOverview
Meter Macs Limited is a live company located in colchester, CO4 9YQ with a Companies House number of 07512621. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in February 2011, it's largest shareholder is
david richard hellings
with a 36% stake. Meter Macs Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Meter Macs Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£15.6m)
£1m - Meter Macs Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (8.1%)
36% - Meter Macs Limited
8.1% - Industry AVG
Production
with a gross margin of 27.8%, this company has a comparable cost of product (27.8%)
27.8% - Meter Macs Limited
27.8% - Industry AVG
Profitability
an operating margin of 12.4% make it more profitable than the average company (5.4%)
12.4% - Meter Macs Limited
5.4% - Industry AVG
Employees
with 10 employees, this is below the industry average (100)
10 - Meter Macs Limited
100 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
£37.7k - Meter Macs Limited
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £102.7k, this is less efficient (£160.8k)
£102.7k - Meter Macs Limited
£160.8k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (53 days)
76 days - Meter Macs Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (41 days)
20 days - Meter Macs Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (56 days)
32 days - Meter Macs Limited
56 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 60 weeks, this is more cash available to meet short term requirements (13 weeks)
60 weeks - Meter Macs Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.2%, this is a similar level of debt than the average (42.2%)
39.2% - Meter Macs Limited
42.2% - Industry AVG
METER MACS LIMITED financials
EXPORT
Meter Macs Limited's latest turnover from March 2024 is estimated at £1 million and the company has net assets of £350.6 thousand. According to their latest financial statements, Meter Macs Limited has 10 employees and maintains cash reserves of £262.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Turnover
1,026,758
516,631
553,953
408,894
378,533
448,659
396,721
386,874
447,464
363,413
320,872
674,377
458,615
Other Income Or Grants
Cost Of Sales
741,284
379,742
397,575
293,369
271,837
322,128
277,488
268,141
312,616
255,698
227,388
477,863
325,629
Gross Profit
285,475
136,889
156,378
115,525
106,697
126,531
119,233
118,733
134,848
107,714
93,484
196,515
132,985
Admin Expenses
158,246
170,297
109,690
-91,568
175,745
271,256
90,404
71,450
40,270
119,431
80,981
174,232
-6,993
Operating Profit
127,229
-33,408
46,688
207,093
-69,048
-144,725
28,829
47,283
94,578
-11,717
12,503
22,283
139,978
Interest Payable
521
542
Interest Receivable
10,675
8,657
1,756
138
101
1,423
1,086
357
330
179
131
129
98
Pre-Tax Profit
137,904
-24,751
48,444
207,231
-68,947
-143,303
29,915
47,119
94,366
-11,538
12,634
22,412
140,076
Tax
-34,476
-9,204
-39,374
-5,684
-9,424
-18,873
-2,906
-5,379
-36,420
Profit After Tax
103,428
-24,751
39,240
167,857
-68,947
-143,303
24,231
37,695
75,493
-11,538
9,728
17,033
103,656
Dividends Paid
Retained Profit
103,428
-24,751
39,240
167,857
-68,947
-143,303
24,231
37,695
75,493
-11,538
9,728
17,033
103,656
Employee Costs
376,973
250,921
241,005
230,037
260,466
256,119
218,575
119,743
115,617
86,158
83,713
164,298
133,926
Number Of Employees
10
7
7
7
8
8
7
4
4
3
3
6
5
EBITDA*
129,369
-30,520
48,951
209,385
-66,816
-142,641
32,023
50,952
95,254
-3,271
103,419
25,631
372,731
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Tangible Assets
14,411
7,409
9,630
8,728
10,520
9,482
16,163
20,558
21,929
22,244
22,425
15,263
8,709
Intangible Assets
-2,440
-7,400
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
14,411
7,409
9,630
8,728
10,520
9,482
16,163
20,558
21,929
19,804
15,025
15,263
8,709
Stock & work in progress
65,333
1,253
3,240
9,058
12,139
18,025
17,964
45,268
17,681
26,705
54,184
59,700
22,500
Trade Debtors
216,467
80,111
136,661
75,987
34,149
69,471
63,908
106,914
148,778
98,087
72,825
147,489
154,474
Group Debtors
Misc Debtors
18,299
89,266
12,040
13,111
9,693
20,401
750
2,516
Cash
262,408
144,270
263,130
205,250
71,223
130,404
248,929
185,528
100,079
31,733
39,841
12,444
39,015
misc current assets
1,527
total current assets
562,507
314,900
403,031
302,335
130,622
227,593
351,202
338,460
269,054
156,525
166,850
221,160
215,989
total assets
576,918
322,309
412,661
311,063
141,142
237,075
367,365
359,018
290,983
176,329
181,875
236,423
224,698
Bank overdraft
16,669
Bank loan
Trade Creditors
41,174
36,729
1,269
1,386
2,027
1,963
2,485
1,824
1,901
36,650
30,658
6,568
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
185,122
38,386
138,259
76,972
74,267
101,317
87,782
104,327
57,241
total current liabilities
226,296
75,115
139,528
78,358
76,294
103,280
90,267
106,151
75,811
36,650
30,658
6,568
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
94,934
93,674
provisions
1,188
total long term liabilities
1,188
94,934
93,674
total liabilities
226,296
75,115
140,716
78,358
76,294
103,280
90,267
106,151
75,811
36,650
30,658
94,934
100,242
net assets
350,622
247,194
271,945
232,705
64,848
133,795
277,098
252,867
215,172
139,679
151,217
141,489
124,456
total shareholders funds
350,622
247,194
271,945
232,705
64,848
133,795
277,098
252,867
215,172
139,679
151,217
141,489
124,456
Mar 2024
Mar 2023
Mar 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
127,229
-33,408
46,688
207,093
-69,048
-144,725
28,829
47,283
94,578
-11,717
12,503
22,283
139,978
Depreciation
2,140
2,888
2,263
2,292
2,232
2,084
3,194
3,669
3,116
3,486
3,382
2,088
1,895
Amortisation
-2,440
4,960
87,534
1,260
230,858
Tax
-34,476
-9,204
-39,374
-5,684
-9,424
-18,873
-2,906
-5,379
-36,420
Stock
64,080
-1,987
-5,818
-3,081
-5,886
61
-27,304
27,587
-9,024
-27,479
-5,516
37,200
22,500
Debtors
65,389
32,716
48,634
40,767
-31,904
-5,145
-23,355
-43,630
53,207
25,262
-74,664
-6,985
154,474
Creditors
4,445
35,460
-117
-641
64
-522
661
-77
-34,749
5,992
30,658
-6,568
6,568
Accruals and Deferred Income
146,736
-99,873
61,287
2,705
-27,050
13,535
-16,545
47,086
57,241
Deferred Taxes & Provisions
-1,188
1,188
Cash flow from operations
116,605
-126,850
59,289
134,389
-56,012
-124,544
61,114
104,580
54,690
4,938
211,351
-16,531
165,905
Investing Activities
capital expenditure
-9,142
-667
-3,165
-500
-3,270
4,597
1,201
-2,298
-2,801
-13,225
-90,678
-9,902
-241,462
Change in Investments
cash flow from investments
-9,142
-667
-3,165
-500
-3,270
4,597
1,201
-2,298
-2,801
-13,225
-90,678
-9,902
-241,462
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-94,934
1,260
93,674
share issue
20,800
interest
10,675
8,657
1,756
138
101
1,423
1,086
-164
-212
179
131
129
98
cash flow from financing
10,675
8,657
1,756
138
101
1,423
1,086
-164
-212
179
-94,803
1,389
114,572
cash and cash equivalents
cash
118,138
-118,860
57,880
134,027
-59,181
-118,525
63,401
85,449
68,346
-8,108
27,397
-26,571
39,015
overdraft
-16,669
16,669
change in cash
118,138
-118,860
57,880
134,027
-59,181
-118,525
63,401
102,118
51,677
-8,108
27,397
-26,571
39,015
meter macs 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 meter macs limited. Get real-time insights into meter macs limited's credit score, group structure and payment trends.
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meter macs limited Ownership
METER MACS LIMITED group structure
Meter Macs Limited has no subsidiary companies.
Ultimate parent company
METER MACS LIMITED
07512621
METER MACS LIMITED Shareholders
The largest shareholders in Meter Macs Limited include David Richard Hellings and Trustees Of The Hellings Family Settlement.
david richard hellings
36%
trustees of the hellings family settlement
27.5%
kerry hellings
23.25%
anthony john o'brien
7%
victoria hellings
3.13%
richard phillip hellings
3.13%
meter macs limited directors
Meter Macs Limited currently has 4 directors.
The longest serving directors include
Mr Anthony O'Brien (Feb 2011) and
Mr David Hellings (Feb 2011).
820 the crescent, colchester business park, colchester, essex, CO4 9YQ
Bank
-
Legal Advisor
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meter macs 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 meter macs limited.
meter macs 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.
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meter macs limitedCompanies House Filings - See Documents
