mec construction estimating ltdEstimated Valuation
£17.2k
Pomanda estimates the enterprise value of MEC CONSTRUCTION ESTIMATING LTD at £17.2k based on a Turnover of £53.2k and 0.32x industry multiple (adjusted for size and gross margin).
mec construction estimating ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MEC CONSTRUCTION ESTIMATING LTD at £0 based on an EBITDA of £-6.6k and a 2.46x industry multiple (adjusted for size and gross margin).
mec construction estimating ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MEC CONSTRUCTION ESTIMATING LTD at £0 based on Net Assets of £-6.1k and 1.39x industry multiple (adjusted for liquidity).
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Mec Construction Estimating LtdOverview
Mec Construction Estimating Ltd is a live company located in lancashire, WN6 7AA with a Companies House number of 07720351. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2011, it's largest shareholder is
michael connell
with a 50% stake. Mec Construction Estimating Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£53.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Mec Construction Estimating Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £53.2k, make it smaller than the average company (£2.3m)
£53.2k - Mec Construction Estimating Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.1%)
-8% - Mec Construction Estimating Ltd
7.1% - Industry AVG
Production
with a gross margin of 9.3%, this company has a higher cost of product (26.3%)
9.3% - Mec Construction Estimating Ltd
26.3% - Industry AVG
Profitability
an operating margin of -12.4% make it less profitable than the average company (7.4%)
-12.4% - Mec Construction Estimating Ltd
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Mec Construction Estimating Ltd
7 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
£49.5k - Mec Construction Estimating Ltd
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £26.6k, this is less efficient (£279k)
£26.6k - Mec Construction Estimating Ltd
£279k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (28 days)
2 days - Mec Construction Estimating Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (31 days)
25 days - Mec Construction Estimating Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mec Construction Estimating Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mec Construction Estimating Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 261%, this is a higher level of debt than the average (73.7%)
261% - Mec Construction Estimating Ltd
73.7% - Industry AVG
MEC CONSTRUCTION ESTIMATING LTD financials
EXPORT
Mec Construction Estimating Ltd's latest turnover from July 2024 is estimated at £53.2 thousand and the company has net assets of -£6.1 thousand. According to their latest financial statements, Mec Construction Estimating Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Turnover
53,180
58,202
56,771
68,683
48,903
50,068
62,634
62,874
21,850
26,311
33,720
25,318
6,131
Other Income Or Grants
Cost Of Sales
48,258
52,665
51,427
62,767
44,118
44,852
56,086
55,678
19,447
23,476
30,060
22,595
5,543
Gross Profit
4,923
5,538
5,343
5,916
4,784
5,216
6,548
7,196
2,403
2,835
3,660
2,723
588
Admin Expenses
11,505
5,924
5,250
8,114
13,230
10,319
8,326
27,091
5,239
-2,966
-14,809
-18,620
-5,514
Operating Profit
-6,582
-386
93
-2,198
-8,446
-5,103
-1,778
-19,895
-2,836
5,801
18,469
21,343
6,102
Interest Payable
Interest Receivable
56
234
237
187
88
16
Pre-Tax Profit
-6,582
-386
93
-2,198
-8,446
-5,103
-1,778
-19,839
-2,602
6,038
18,656
21,431
6,118
Tax
-18
-1,207
-3,918
-4,929
-1,468
Profit After Tax
-6,582
-386
75
-2,198
-8,446
-5,103
-1,778
-19,839
-2,602
4,830
14,738
16,502
4,650
Dividends Paid
Retained Profit
-6,582
-386
75
-2,198
-8,446
-5,103
-1,778
-19,839
-2,602
4,830
14,738
16,502
4,650
Employee Costs
98,925
94,683
88,429
88,579
43,060
42,647
42,315
41,631
41,212
39,955
37,156
36,143
36,159
Number Of Employees
2
2
2
2
1
1
1
1
1
1
1
1
1
EBITDA*
-6,582
-386
93
-2,198
-8,446
-5,103
-1,778
-19,895
-2,836
5,801
18,469
21,343
6,102
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Tangible Assets
3,511
4,703
303
452
334
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,511
4,703
303
452
334
Stock & work in progress
Trade Debtors
303
4,668
3,217
11,893
8,458
12,440
17,578
18,849
Group Debtors
Misc Debtors
8,691
Cash
44,870
48,720
45,934
28,666
6,484
misc current assets
total current assets
303
4,668
11,908
11,893
8,458
12,440
17,578
18,849
44,870
48,720
45,934
28,666
6,484
total assets
3,814
9,371
12,211
12,345
8,792
12,440
17,578
18,849
44,870
48,720
45,934
28,666
6,484
Bank overdraft
Bank loan
Trade Creditors
3,343
1,243
2,773
2,210
5,420
752
747
570
6,751
7,999
10,043
7,513
1,833
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
3,343
1,243
2,773
2,210
5,420
752
747
570
6,751
7,999
10,043
7,513
1,833
loans
hp & lease commitments
Accruals and Deferred Income
617
647
540
492
420
290
330
other liabilities
5,993
7,038
8,069
8,889
provisions
total long term liabilities
6,610
7,685
8,609
9,381
420
290
330
total liabilities
9,953
8,928
11,382
11,591
5,840
1,042
1,077
570
6,751
7,999
10,043
7,513
1,833
net assets
-6,139
443
829
754
2,952
11,398
16,501
18,279
38,119
40,721
35,891
21,153
4,651
total shareholders funds
-6,139
443
829
754
2,952
11,398
16,501
18,279
38,119
40,721
35,891
21,153
4,651
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Operating Activities
Operating Profit
-6,582
-386
93
-2,198
-8,446
-5,103
-1,778
-19,895
-2,836
5,801
18,469
21,343
6,102
Depreciation
Amortisation
Tax
-18
-1,207
-3,918
-4,929
-1,468
Stock
Debtors
-4,365
-7,240
15
3,435
-3,982
-5,138
-1,271
18,849
Creditors
2,100
-1,530
563
-3,210
4,668
5
177
-6,181
-1,248
-2,044
2,530
5,680
1,833
Accruals and Deferred Income
-30
107
48
72
130
-40
330
Deferred Taxes & Provisions
Cash flow from operations
-147
5,431
671
-8,771
334
-44,925
-4,084
2,550
17,081
22,094
6,467
Investing Activities
capital expenditure
1,192
-4,400
149
-118
-334
Change in Investments
cash flow from investments
1,192
-4,400
149
-118
-334
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1,045
-1,031
-820
8,889
share issue
-1
1
interest
56
234
237
187
88
16
cash flow from financing
-1,045
-1,031
-820
8,889
55
234
237
187
88
17
cash and cash equivalents
cash
-44,870
-3,850
2,786
17,268
22,182
6,484
overdraft
change in cash
-44,870
-3,850
2,786
17,268
22,182
6,484
mec construction estimating ltd 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 mec construction estimating ltd. Get real-time insights into mec construction estimating ltd's credit score, group structure and payment trends.
Mec Construction Estimating Ltd Competitor Analysis
Perform a competitor analysis for mec construction estimating ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WN6 area or any other competitors across 12 key performance metrics.
mec construction estimating ltd Ownership
MEC CONSTRUCTION ESTIMATING LTD group structure
Mec Construction Estimating Ltd has no subsidiary companies.
Ultimate parent company
MEC CONSTRUCTION ESTIMATING LTD
07720351
MEC CONSTRUCTION ESTIMATING LTD Shareholders
The largest shareholders in Mec Construction Estimating Ltd include Michael Connell and Christopher Connell.
michael connell
50%
christopher connell
50%
mec construction estimating ltd directors
Mec Construction Estimating Ltd currently has 2 directors.
The longest serving directors include
Mr Michael Connell (Jul 2011) and
Mr Christopher Connell (Sep 2019).
mec construction estimating ltd 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 mec construction estimating ltd.
mec construction estimating ltd 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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mec construction estimating ltdCompanies House Filings - See Documents
