mm gas turbine services limited

mm gas turbine services limited Company Information

Share MM GAS TURBINE SERVICES LIMITED
Live 
EstablishedMicroDeclining

Company Number

08381698

Industry

Repair of other equipment

 

Shareholders

martin milnes

Group Structure

View All

Contact

Registered Address

62 olivet road, sheffield, south yorkshire, S8 8QS

Website

-

mm gas turbine services limited Estimated Valuation

£164k

Pomanda estimates the enterprise value of MM GAS TURBINE SERVICES LIMITED at £164k based on a Turnover of £304.1k and 0.54x industry multiple (adjusted for size and gross margin).

mm gas turbine services limited Estimated Valuation

£376.2k

Pomanda estimates the enterprise value of MM GAS TURBINE SERVICES LIMITED at £376.2k based on an EBITDA of £83.5k and a 4.51x industry multiple (adjusted for size and gross margin).

mm gas turbine services limited Estimated Valuation

£848k

Pomanda estimates the enterprise value of MM GAS TURBINE SERVICES LIMITED at £848k based on Net Assets of £225.9k and 3.75x industry multiple (adjusted for liquidity).

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Mm Gas Turbine Services Limited Overview

Mm Gas Turbine Services Limited is a live company located in south yorkshire, S8 8QS with a Companies House number of 08381698. It operates in the repair of other equipment sector, SIC Code 33190. Founded in January 2013, it's largest shareholder is martin milnes with a 100% stake. Mm Gas Turbine Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £304.1k with declining growth in recent years.

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Mm Gas Turbine Services Limited Health Check

Pomanda's financial health check has awarded Mm Gas Turbine Services Limited a 4 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 Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £304.1k, make it smaller than the average company (£4.4m)

£304.1k - Mm Gas Turbine Services Limited

£4.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (7.4%)

-24% - Mm Gas Turbine Services Limited

7.4% - Industry AVG

production

Production

with a gross margin of 22.3%, this company has a higher cost of product (31.3%)

22.3% - Mm Gas Turbine Services Limited

31.3% - Industry AVG

profitability

Profitability

an operating margin of 27.4% make it more profitable than the average company (7.2%)

27.4% - Mm Gas Turbine Services Limited

7.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (23)

1 - Mm Gas Turbine Services Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)

£44.4k - Mm Gas Turbine Services Limited

£44.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £304.1k, this is more efficient (£142.9k)

£304.1k - Mm Gas Turbine Services Limited

£142.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 127 days, this is later than average (57 days)

127 days - Mm Gas Turbine Services Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 86 days, this is slower than average (31 days)

86 days - Mm Gas Turbine Services Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mm Gas Turbine Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mm Gas Turbine Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.8%, this is a lower level of debt than the average (55.3%)

19.8% - Mm Gas Turbine Services Limited

55.3% - Industry AVG

MM GAS TURBINE SERVICES LIMITED financials

EXPORTms excel logo

Mm Gas Turbine Services Limited's latest turnover from January 2024 is estimated at £304.1 thousand and the company has net assets of £225.9 thousand. According to their latest financial statements, Mm Gas Turbine Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Turnover304,123171,339538,263688,953660,504466,30299,17186,53455,83682,68654,704
Other Income Or Grants00000000000
Cost Of Sales236,300131,388418,166546,307520,702360,89675,49565,81442,32160,46339,443
Gross Profit67,82339,951120,097142,646139,802105,40623,67620,72013,51622,22215,261
Admin Expenses-15,638-25,933158,31399,42078,91456,34245,60453,60714,007-23,629-39,620
Operating Profit83,46165,884-38,21643,22660,88849,064-21,928-32,887-49145,85154,881
Interest Payable00000000000
Interest Receivable0000000141465310127
Pre-Tax Profit83,46165,884-38,21643,22660,88849,064-21,928-32,746-2646,16155,008
Tax-20,865-12,5180-8,213-11,569-9,322000-9,694-12,652
Profit After Tax62,59653,366-38,21635,01349,31939,742-21,928-32,746-2636,46742,356
Dividends Paid00000000000
Retained Profit62,59653,366-38,21635,01349,31939,742-21,928-32,746-2636,46742,356
Employee Costs44,37142,08640,17737,98937,65740,23937,54237,04738,18538,72137,889
Number Of Employees11111111111
EBITDA*83,46165,884-38,21643,22660,88849,064-21,928-32,8871,17847,34754,881

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Tangible Assets175,206173,2662,4903,0634,1295,4344,8535,7706,1927,7360
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets175,206173,2662,4903,0634,1295,4344,8535,7706,1927,7360
Stock & work in progress0000000013,74313,5321,605
Trade Debtors106,57052,888227,203282,100241,041175,35833,94427,39893020,89313,793
Group Debtors00000000000
Misc Debtors000000029,080000
Cash00000000112,87273,31850,640
misc current assets00000000000
total current assets106,57052,888227,203282,100241,041175,35833,94456,478127,545107,74366,038
total assets281,776226,154229,693285,163245,170180,79238,79762,248133,737115,47966,038
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 55,83362,807119,712136,966131,986116,92714,67416,19754,00635,41323,681
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities55,83362,807119,712136,966131,986116,92714,67416,19754,00635,41323,681
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions000000009331,2420
total long term liabilities000000009331,2420
total liabilities55,83362,807119,712136,966131,986116,92714,67416,19754,93936,65523,681
net assets225,943163,347109,981148,197113,18463,86524,12346,05178,79878,82442,357
total shareholders funds225,943163,347109,981148,197113,18463,86524,12346,05178,79878,82442,357
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Operating Activities
Operating Profit83,46165,884-38,21643,22660,88849,064-21,928-32,887-49145,85154,881
Depreciation000000001,6691,4960
Amortisation00000000000
Tax-20,865-12,5180-8,213-11,569-9,322000-9,694-12,652
Stock0000000-13,74321111,9271,605
Debtors53,682-174,315-54,89741,05965,683141,414-22,53455,548-19,9637,10013,793
Creditors-6,974-56,905-17,2544,98015,059102,253-1,523-37,80918,59311,73223,681
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions0000000-933-3091,2420
Cash flow from operations1,940170,776-573-1,066-1,305581-917-113,43439,21431,60050,512
Investing Activities
capital expenditure-1,940-170,7765731,0661,305-581917422-125-9,2320
Change in Investments00000000000
cash flow from investments-1,940-170,7765731,0661,305-581917422-125-9,2320
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000-1001
interest0000000141465310127
cash flow from financing0000000140465310128
cash and cash equivalents
cash0000000-112,87239,55422,67850,640
overdraft00000000000
change in cash0000000-112,87239,55422,67850,640

mm gas turbine services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mm Gas Turbine Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mm gas turbine services limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in S 8 area or any other competitors across 12 key performance metrics.

mm gas turbine services limited Ownership

MM GAS TURBINE SERVICES LIMITED group structure

Mm Gas Turbine Services Limited has no subsidiary companies.

Ultimate parent company

MM GAS TURBINE SERVICES LIMITED

08381698

MM GAS TURBINE SERVICES LIMITED Shareholders

martin milnes 100%

mm gas turbine services limited directors

Mm Gas Turbine Services Limited currently has 2 directors. The longest serving directors include Mr Martin Milnes (Jan 2013) and Mrs Diane Milnes (Dec 2022).

officercountryagestartendrole
Mr Martin MilnesEngland62 years Jan 2013- Director
Mrs Diane Milnes60 years Dec 2022- Director

P&L

January 2024

turnover

304.1k

+77%

operating profit

83.5k

0%

gross margin

22.4%

-4.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

225.9k

+0.38%

total assets

281.8k

+0.25%

cash

0

0%

net assets

Total assets minus all liabilities

mm gas turbine services limited company details

company number

08381698

Type

Private limited with Share Capital

industry

33190 - Repair of other equipment

incorporation date

January 2013

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

RODDIS TAYLOR ROBINSON

auditor

-

address

62 olivet road, sheffield, south yorkshire, S8 8QS

Bank

-

Legal Advisor

-

mm gas turbine services 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 mm gas turbine services limited.

charges

mm gas turbine services limited Companies House Filings - See Documents

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