mc 498 limited
mc 498 limited Company Information
Company Number
08036733
Next Accounts
Apr 2025
Shareholders
bcpe ii gp ltd
the growth fund lp
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
30 st. pauls square, birmingham, west midlands, B3 1QZ
Website
-mc 498 limited Estimated Valuation
Pomanda estimates the enterprise value of MC 498 LIMITED at £9.5m based on a Turnover of £14m and 0.68x industry multiple (adjusted for size and gross margin).
mc 498 limited Estimated Valuation
Pomanda estimates the enterprise value of MC 498 LIMITED at £0 based on an EBITDA of £-235.9k and a 5.34x industry multiple (adjusted for size and gross margin).
mc 498 limited Estimated Valuation
Pomanda estimates the enterprise value of MC 498 LIMITED at £0 based on Net Assets of £-4.9m and 2.11x industry multiple (adjusted for liquidity).
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Mc 498 Limited Overview
Mc 498 Limited is a dissolved company that was located in west midlands, B3 1QZ with a Companies House number of 08036733. It operated in the activities of head offices sector, SIC Code 70100. Founded in April 2012, it's largest shareholder was bcpe ii gp ltd with a 33.2% stake. The last turnover for Mc 498 Limited was estimated at £14m.
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Mc 498 Limited Health Check
Pomanda's financial health check has awarded Mc 498 Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
6 Regular
5 Weak
Size
annual sales of £14m, make it in line with the average company (£15.6m)
£14m - Mc 498 Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.1%)
3% - Mc 498 Limited
4.1% - Industry AVG
Production
with a gross margin of 33.8%, this company has a comparable cost of product (32%)
33.8% - Mc 498 Limited
32% - Industry AVG
Profitability
an operating margin of -11.3% make it less profitable than the average company (5.2%)
-11.3% - Mc 498 Limited
5.2% - Industry AVG
Employees
with 102 employees, this is similar to the industry average (117)
102 - Mc 498 Limited
117 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£36.1k)
£36.6k - Mc 498 Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £137.6k, this is equally as efficient (£149.7k)
£137.6k - Mc 498 Limited
£149.7k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (49 days)
57 days - Mc 498 Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (48 days)
70 days - Mc 498 Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 98 days, this is more than average (41 days)
98 days - Mc 498 Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (12 weeks)
4 weeks - Mc 498 Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 133.6%, this is a higher level of debt than the average (62.7%)
133.6% - Mc 498 Limited
62.7% - Industry AVG
MC 498 LIMITED financials
Mc 498 Limited's latest turnover from March 2016 is £14 million and the company has net assets of -£4.9 million. According to their latest financial statements, Mc 498 Limited has 102 employees and maintains cash reserves of £415.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|
| Turnover | 14,036,461 | 13,908,572 | 16,414,341 | 13,028,133 |
| Other Income Or Grants | ||||
| Cost Of Sales | 9,292,374 | 8,999,045 | 10,060,921 | 7,134,884 |
| Gross Profit | 4,744,087 | 4,909,527 | 6,353,420 | 5,893,249 |
| Admin Expenses | 6,325,092 | 4,839,502 | 5,008,133 | 4,988,048 |
| Operating Profit | -1,581,005 | 70,025 | 1,345,287 | 905,201 |
| Interest Payable | 1,781,482 | 1,765,034 | 1,909,389 | 1,629,239 |
| Interest Receivable | 150 | 2,625 | 45,935 | 7,054 |
| Pre-Tax Profit | -3,373,735 | -1,702,482 | -529,423 | -716,984 |
| Tax | -21,347 | 894 | 13,014 | 5,613 |
| Profit After Tax | -3,395,082 | -1,701,588 | -516,409 | -711,371 |
| Dividends Paid | ||||
| Retained Profit | -3,395,082 | -1,701,588 | -516,409 | -711,371 |
| Employee Costs | 3,730,290 | 2,925,200 | 3,051,715 | 3,051,892 |
| Number Of Employees | 102 | 89 | 82 | 78 |
| EBITDA* | -235,906 | 1,474,937 | 2,863,616 | 2,341,200 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|
| Tangible Assets | 1,049,253 | 745,975 | 1,109,730 | 1,538,225 |
| Intangible Assets | 7,975,866 | 7,964,767 | 8,212,754 | 9,286,031 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 9,025,119 | 8,710,742 | 9,322,484 | 10,824,256 |
| Stock & work in progress | 2,495,739 | 2,803,081 | 2,838,563 | 2,532,030 |
| Trade Debtors | 2,217,149 | 2,219,452 | 2,422,872 | 2,706,935 |
| Group Debtors | ||||
| Misc Debtors | 571,595 | 525,209 | 423,996 | 630,724 |
| Cash | 415,384 | 1,227,731 | 3,130,957 | 2,673,998 |
| misc current assets | ||||
| total current assets | 5,699,867 | 6,775,473 | 8,816,388 | 8,543,687 |
| total assets | 14,724,986 | 15,486,215 | 18,138,872 | 19,367,943 |
| Bank overdraft | 577,132 | |||
| Bank loan | ||||
| Trade Creditors | 1,803,072 | 1,505,509 | 1,531,447 | 1,161,684 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 2,672,352 | 1,411,388 | 2,128,696 | 1,702,778 |
| total current liabilities | 5,052,556 | 2,916,897 | 3,660,143 | 2,864,462 |
| loans | 14,324,274 | 14,068,066 | 14,456,509 | 16,145,173 |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 40,000 | 40,000 | 59,277 | 33,239 |
| total long term liabilities | 14,617,126 | 14,416,462 | 14,796,141 | 16,178,412 |
| total liabilities | 19,669,682 | 17,333,359 | 18,456,284 | 19,042,874 |
| net assets | -4,944,696 | -1,847,144 | -317,412 | 325,069 |
| total shareholders funds | -4,944,696 | -1,847,144 | -317,412 | 325,069 |
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -1,581,005 | 70,025 | 1,345,287 | 905,201 |
| Depreciation | 360,288 | 485,819 | 508,661 | 378,299 |
| Amortisation | 984,811 | 919,093 | 1,009,668 | 1,057,700 |
| Tax | -21,347 | 894 | 13,014 | 5,613 |
| Stock | -307,342 | -35,482 | 306,533 | 2,532,030 |
| Debtors | 44,083 | -102,207 | -490,791 | 3,337,659 |
| Creditors | 297,563 | -25,938 | 369,763 | 1,161,684 |
| Accruals and Deferred Income | 1,260,964 | -717,308 | 425,918 | 1,702,778 |
| Deferred Taxes & Provisions | -19,277 | 26,038 | 33,239 | |
| Cash flow from operations | 1,564,533 | 850,997 | 3,882,607 | -625,175 |
| Investing Activities | ||||
| capital expenditure | -819,582 | -1,128,643 | ||
| Change in Investments | ||||
| cash flow from investments | -819,582 | -1,128,643 | ||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | 256,208 | -388,443 | -1,688,664 | 16,145,173 |
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | -1,781,332 | -1,762,409 | -1,863,454 | -1,622,185 |
| cash flow from financing | -1,227,594 | -1,978,996 | -3,678,190 | 15,559,428 |
| cash and cash equivalents | ||||
| cash | -812,347 | -1,903,226 | 456,959 | 2,673,998 |
| overdraft | 577,132 | |||
| change in cash | -1,389,479 | -1,903,226 | 456,959 | 2,673,998 |
mc 498 limited Credit Report and Business Information
Mc 498 Limited Competitor Analysis
Perform a competitor analysis for mc 498 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in B 3 area or any other competitors across 12 key performance metrics.
mc 498 limited Ownership
MC 498 LIMITED group structure
Mc 498 Limited has no subsidiary companies.
Ultimate parent company
MC 498 LIMITED
08036733
mc 498 limited directors
Mc 498 Limited currently has 4 directors. The longest serving directors include Mr Dennis Hall (May 2012) and Mr David Barrass (May 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dennis Hall | 60 years | May 2012 | - | Director | |
| Mr David Barrass | England | 73 years | May 2012 | - | Director |
| Mr Andrew King | 60 years | Dec 2012 | - | Director | |
| Mr David Norman | 71 years | Nov 2013 | - | Director |
P&L
March 2016turnover
14m
+1%
operating profit
-1.6m
-2358%
gross margin
33.8%
-4.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
-4.9m
+1.68%
total assets
14.7m
-0.05%
cash
415.4k
-0.66%
net assets
Total assets minus all liabilities
mc 498 limited company details
company number
08036733
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2016
previous names
N/A
accountant
-
auditor
-
address
30 st. pauls square, birmingham, west midlands, B3 1QZ
Bank
-
Legal Advisor
-
mc 498 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 found 2 charges/mortgages relating to mc 498 limited. Currently there are 2 open charges and 0 have been satisfied in the past.
mc 498 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.
Click to start generating capital raising & share issue transactions for MC 498 LIMITED. This can take several minutes, an email will notify you when this has completed.
mc 498 limited Companies House Filings - See Documents
| date | description | view/download |
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