Pomanda estimates the enterprise value of METIS DEVELOPMENTS LIMITED at £89.9k based on a Turnover of £185.7k and 0.48x industry multiple (adjusted for size and gross margin).
metis developments limitedEstimated Valuation
£428.8k
Pomanda estimates the enterprise value of METIS DEVELOPMENTS LIMITED at £428.8k based on an EBITDA of £112k and a 3.83x industry multiple (adjusted for size and gross margin).
metis developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of METIS DEVELOPMENTS LIMITED at £0 based on Net Assets of £-280.7k and 1.41x industry multiple (adjusted for liquidity).
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Metis Developments LimitedOverview
Metis Developments Limited is a live company located in solihull, B90 4AA with a Companies House number of 08182672. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2012, it's largest shareholder is
david ronald back
with a 51% stake. Metis Developments Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£185.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Metis Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £185.7k, make it smaller than the average company (£2.2m)
£185.7k - Metis Developments Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (3.3%)
-30% - Metis Developments Limited
3.3% - Industry AVG
Production
with a gross margin of 26.8%, this company has a comparable cost of product (26.8%)
26.8% - Metis Developments Limited
26.8% - Industry AVG
Profitability
an operating margin of 60.2% make it more profitable than the average company (7.2%)
60.2% - Metis Developments Limited
7.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Metis Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
£47.1k - Metis Developments Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £185.7k, this is less efficient (£270.4k)
£185.7k - Metis Developments Limited
£270.4k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is near the average (27 days)
24 days - Metis Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (30 days)
45 days - Metis Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Metis Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Metis Developments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 184%, this is a higher level of debt than the average (73.4%)
184% - Metis Developments Limited
73.4% - Industry AVG
METIS DEVELOPMENTS LIMITED financials
EXPORT
Metis Developments Limited's latest turnover from August 2023 is estimated at £185.7 thousand and the company has net assets of -£280.7 thousand. According to their latest financial statements, Metis Developments Limited has 1 employee and maintains cash reserves of £3.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Aug 2013
Turnover
185,660
515,614
343,938
551,577
1,609,878
384,205
386,522
285,042
2,600,441
1,720,334
Other Income Or Grants
Cost Of Sales
135,840
389,715
257,443
404,201
1,160,610
270,193
266,720
199,904
1,859,880
1,217,602
Gross Profit
49,820
125,899
86,494
147,376
449,268
114,012
119,801
85,138
740,561
502,732
Admin Expenses
-61,890
342,849
53,151
-134,678
202,793
597,298
97,607
-2,030
702,238
470,550
Operating Profit
111,710
-216,950
33,343
282,054
246,475
-483,286
22,194
87,168
38,323
32,182
Interest Payable
52,926
31,614
31,264
39,184
41,883
37,275
30,879
14,428
Interest Receivable
115
32
19
106
75
52
6
15
8
4
Pre-Tax Profit
58,900
-248,532
2,099
242,977
204,668
-520,508
-8,679
72,755
38,332
32,186
Tax
-14,725
-399
-46,166
-38,887
-14,551
-8,050
-7,403
Profit After Tax
44,175
-248,532
1,700
196,811
165,781
-520,508
-8,679
58,204
30,282
24,783
Dividends Paid
Retained Profit
44,175
-248,532
1,700
196,811
165,781
-520,508
-8,679
58,204
30,282
24,783
Employee Costs
47,093
87,775
86,638
86,121
84,665
84,223
81,139
80,711
348,800
251,647
Number Of Employees
1
2
2
2
2
2
2
2
9
7
EBITDA*
112,033
-216,663
33,726
282,804
247,595
-482,986
22,558
87,654
38,947
32,182
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Aug 2013
Tangible Assets
787
862
1,149
1,532
2,282
902
1,094
1,458
1,869
Intangible Assets
Investments & Other
200
500
500
500
500
100
100
100
100
100
Debtors (Due After 1 year)
Total Fixed Assets
987
1,362
1,649
2,032
2,782
1,002
1,194
1,558
1,969
100
Stock & work in progress
854,134
933,655
606,419
94,660
91,808
371,831
301,964
210,073
82,319
Trade Debtors
12,600
967
26,139
305,859
46,443
4,800
217,339
162,262
Group Debtors
213,322
5,415
222,583
297,560
89,528
750
232,987
339,437
Misc Debtors
104,303
168,335
58,321
56,913
18,644
51,041
72,103
95,088
31,351
Cash
3,081
1,315
11,462
27,288
1,054
19,043
1,921
2,534
3,288
1,449
misc current assets
total current assets
333,306
1,029,199
1,226,988
1,014,319
509,745
209,085
678,842
743,823
430,700
277,381
total assets
334,293
1,030,561
1,228,637
1,016,351
512,527
210,087
680,036
745,381
432,669
277,481
Bank overdraft
376,360
188,180
94,090
522,750
544,188
Bank loan
Trade Creditors
17,017
25,828
30,122
81,271
91,910
24,906
35,666
34,280
402,287
252,598
Group/Directors Accounts
24,244
759,124
772,524
468,420
300
151,322
other short term finances
536,608
393,627
443,932
hp & lease commitments
other current liabilities
103,248
100,000
21,919
56,889
23,055
20,275
27,261
total current liabilities
520,869
1,073,132
896,736
1,094,360
685,707
441,588
600,129
656,795
402,287
252,598
loans
94,090
282,270
408,210
101,640
209,100
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
94,090
282,270
408,210
101,640
209,100
total liabilities
614,959
1,355,402
1,304,946
1,094,360
787,347
650,688
600,129
656,795
402,287
252,598
net assets
-280,666
-324,841
-76,309
-78,009
-274,820
-440,601
79,907
88,586
30,382
24,883
total shareholders funds
-280,666
-324,841
-76,309
-78,009
-274,820
-440,601
79,907
88,586
30,382
24,883
Aug 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Aug 2013
Operating Activities
Operating Profit
111,710
-216,950
33,343
282,054
246,475
-483,286
22,194
87,168
38,323
32,182
Depreciation
323
287
383
750
1,120
300
364
486
624
Amortisation
Tax
-14,725
-399
-46,166
-38,887
-14,551
-8,050
-7,403
Stock
-854,134
-79,521
327,236
511,759
2,852
-280,023
69,867
91,891
210,073
82,319
Debtors
156,475
-108,121
-98,741
-33,419
315,797
-206,856
-134,235
221,986
217,339
193,613
Creditors
-8,811
-4,294
-51,149
-10,639
67,004
-10,760
1,386
-368,007
402,287
252,598
Accruals and Deferred Income
3,248
100,000
-21,919
-34,970
33,834
2,780
-6,986
27,261
Deferred Taxes & Provisions
Cash flow from operations
789,404
66,685
-268,236
-287,311
-9,103
-4,087
81,326
-581,520
5,772
1,445
Investing Activities
capital expenditure
-248
-2,500
-108
-75
-2,493
Change in Investments
-300
400
100
100
cash flow from investments
52
-2,900
-108
-75
-2,593
-100
Financing Activities
Bank loans
Group/Directors Accounts
-734,880
-13,400
304,104
468,120
300
-151,322
151,322
Other Short Term Loans
-536,608
142,981
393,627
-443,932
443,932
Long term loans
-188,180
-125,940
408,210
-101,640
-107,460
209,100
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
100
interest
-52,811
-31,582
-31,245
-39,078
-41,808
-37,223
-30,873
-14,413
8
4
cash flow from financing
-975,871
-170,922
681,069
-209,206
-5,987
565,504
-626,127
580,841
108
104
cash and cash equivalents
cash
1,766
-10,147
-15,826
26,234
-17,989
17,122
-613
-754
3,288
1,449
overdraft
188,180
94,090
-428,660
522,750
-544,188
544,188
change in cash
-186,414
-104,237
412,834
-496,516
-17,989
561,310
-544,801
-754
3,288
1,449
metis developments 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 metis developments limited. Get real-time insights into metis developments limited's credit score, group structure and payment trends.
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metis developments limited Ownership
METIS DEVELOPMENTS LIMITED group structure
Metis Developments Limited has 3 subsidiary companies.
avon house 435 stratford road, shirley, solihull, B90 4AA
Bank
-
Legal Advisor
-
metis developments 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 8 charges/mortgages relating to metis developments limited. Currently there are 1 open charges and 7 have been satisfied in the past.
metis developments 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 METIS DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
metis developments limitedCompanies House Filings - See Documents
