murray technical services limited
murray technical services limited Company Information
Company Number
08468765
Next Accounts
Dec 2025
Shareholders
ross shire engineering limited
paul murray
Group Structure
View All
Industry
Engineering related scientific and technical consulting activities
Registered Address
unit e2 premier centre, abbey park industrial estate, romsey, SO51 9DG
murray technical services limited Estimated Valuation
Pomanda estimates the enterprise value of MURRAY TECHNICAL SERVICES LIMITED at £1.5m based on a Turnover of £3.7m and 0.4x industry multiple (adjusted for size and gross margin).
murray technical services limited Estimated Valuation
Pomanda estimates the enterprise value of MURRAY TECHNICAL SERVICES LIMITED at £1.3m based on an EBITDA of £397k and a 3.36x industry multiple (adjusted for size and gross margin).
murray technical services limited Estimated Valuation
Pomanda estimates the enterprise value of MURRAY TECHNICAL SERVICES LIMITED at £2.7m based on Net Assets of £1.2m and 2.22x industry multiple (adjusted for liquidity).
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Murray Technical Services Limited Overview
Murray Technical Services Limited is a live company located in romsey, SO51 9DG with a Companies House number of 08468765. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in April 2013, it's largest shareholder is ross shire engineering limited with a 75% stake. Murray Technical Services Limited is a established, small sized company, Pomanda has estimated its turnover at £3.7m with rapid growth in recent years.
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Murray Technical Services Limited Health Check
Pomanda's financial health check has awarded Murray Technical Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £3.7m, make it larger than the average company (£752.2k)
£3.7m - Murray Technical Services Limited
£752.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (8.8%)
40% - Murray Technical Services Limited
8.8% - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (38.7%)
23.9% - Murray Technical Services Limited
38.7% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (6.7%)
10.4% - Murray Technical Services Limited
6.7% - Industry AVG
Employees
with 22 employees, this is above the industry average (8)
22 - Murray Technical Services Limited
8 - Industry AVG
Pay Structure
on an average salary of £50.5k, the company has an equivalent pay structure (£50.5k)
- Murray Technical Services Limited
£50.5k - Industry AVG
Efficiency
resulting in sales per employee of £166.9k, this is more efficient (£99.6k)
£166.9k - Murray Technical Services Limited
£99.6k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (72 days)
95 days - Murray Technical Services Limited
72 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (23 days)
41 days - Murray Technical Services Limited
23 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (39 days)
4 days - Murray Technical Services Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (21 weeks)
52 weeks - Murray Technical Services Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.5%, this is a similar level of debt than the average (56.9%)
53.5% - Murray Technical Services Limited
56.9% - Industry AVG
MURRAY TECHNICAL SERVICES LIMITED financials
Murray Technical Services Limited's latest turnover from March 2024 is £3.7 million and the company has net assets of £1.2 million. According to their latest financial statements, Murray Technical Services Limited has 22 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,671,000 | 3,500,000 | 2,692,000 | 1,351,000 | 1,253,000 | ||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 2,792,000 | 2,165,000 | 1,985,000 | 729,000 | 590,000 | ||||||
| Gross Profit | 879,000 | 1,335,000 | 707,000 | 622,000 | 663,000 | ||||||
| Admin Expenses | 498,000 | 1,307,000 | 452,000 | 476,000 | 356,000 | ||||||
| Operating Profit | 381,000 | 28,000 | 255,000 | 146,000 | 307,000 | ||||||
| Interest Payable | 1,000 | 1,000 | 4,000 | 4,000 | |||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 380,000 | 28,000 | 254,000 | 142,000 | 303,000 | ||||||
| Tax | -82,000 | 44,000 | -18,000 | -2,000 | -61,000 | ||||||
| Profit After Tax | 298,000 | 72,000 | 236,000 | 140,000 | 242,000 | ||||||
| Dividends Paid | |||||||||||
| Retained Profit | 298,000 | 72,000 | 236,000 | 140,000 | 242,000 | ||||||
| Employee Costs | |||||||||||
| Number Of Employees | 22 | 21 | 20 | 16 | 11 | 9 | 7 | 5 | 5 | ||
| EBITDA* | 397,000 | 40,000 | 263,000 | 151,000 | 307,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 54,000 | 33,000 | 34,000 | 20,000 | 52,000 | 63,318 | 49,265 | 55,682 | 47,065 | 23,605 | 3,361 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 54,000 | 33,000 | 34,000 | 20,000 | 52,000 | 63,318 | 49,265 | 55,682 | 47,065 | 23,605 | 3,361 |
| Stock & work in progress | 33,000 | 34,000 | 11,000 | 38,000 | 113,000 | 93,021 | 51,021 | 49,000 | 35,000 | ||
| Trade Debtors | 959,000 | 742,000 | 489,000 | 232,000 | 250,000 | 363,973 | 133,480 | 79,560 | 57,410 | 74,285 | |
| Group Debtors | 35,000 | 54,000 | 550,000 | 310,000 | |||||||
| Misc Debtors | 100,000 | 33,000 | 19,000 | 10,000 | 57,000 | 21,870 | 54,850 | 44,881 | 9,193 | ||
| Cash | 1,395,000 | 379,000 | 325,000 | 367,000 | 387,000 | 259,690 | 407,246 | 253,619 | 121,438 | 104,884 | 60,939 |
| misc current assets | 9,194 | ||||||||||
| total current assets | 2,522,000 | 1,242,000 | 1,394,000 | 957,000 | 807,000 | 738,554 | 513,117 | 480,980 | 254,385 | 162,294 | 135,224 |
| total assets | 2,576,000 | 1,275,000 | 1,428,000 | 977,000 | 859,000 | 801,872 | 562,382 | 536,662 | 301,450 | 185,899 | 138,585 |
| Bank overdraft | 13,102 | 6,030 | 5,829 | 14,833 | |||||||
| Bank loan | 13,000 | ||||||||||
| Trade Creditors | 316,000 | 233,000 | 240,000 | 135,000 | 64,000 | 88,098 | 15,995 | 14,511 | 22,886 | 139,468 | 137,783 |
| Group/Directors Accounts | 11,000 | 1,000 | 647 | 32,921 | 68,405 | ||||||
| other short term finances | |||||||||||
| hp & lease commitments | 8,000 | 13,933 | 14,740 | 12,042 | |||||||
| other current liabilities | 1,063,000 | 132,000 | 360,000 | 251,000 | 259,000 | 255,489 | 165,103 | 257,800 | 82,043 | ||
| total current liabilities | 1,379,000 | 376,000 | 601,000 | 386,000 | 344,000 | 371,269 | 201,868 | 323,103 | 188,167 | 139,468 | 137,783 |
| loans | 10,000 | 20,857 | 5,830 | 11,334 | |||||||
| hp & lease commitments | 23,000 | 30,790 | 26,786 | 39,741 | 51,919 | ||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 30,478 | ||||||||||
| provisions | |||||||||||
| total long term liabilities | 33,000 | 51,647 | 26,786 | 45,571 | 63,253 | 30,478 | |||||
| total liabilities | 1,379,000 | 376,000 | 601,000 | 386,000 | 377,000 | 422,916 | 228,654 | 368,674 | 251,420 | 169,946 | 137,783 |
| net assets | 1,197,000 | 899,000 | 827,000 | 591,000 | 482,000 | 378,956 | 333,728 | 167,988 | 50,030 | 15,953 | 802 |
| total shareholders funds | 1,197,000 | 899,000 | 827,000 | 591,000 | 482,000 | 378,956 | 333,728 | 167,988 | 50,030 | 15,953 | 802 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 381,000 | 28,000 | 255,000 | 146,000 | 307,000 | ||||||
| Depreciation | 16,000 | 12,000 | 8,000 | 5,000 | 13,735 | 11,802 | 14,429 | 12,137 | 6,111 | 1,120 | |
| Amortisation | |||||||||||
| Tax | -82,000 | 44,000 | -18,000 | -2,000 | -61,000 | ||||||
| Stock | -1,000 | 23,000 | -27,000 | -75,000 | 19,979 | 42,000 | 2,021 | 14,000 | 35,000 | ||
| Debtors | 265,000 | -229,000 | 506,000 | 245,000 | -78,843 | 330,993 | -123,511 | 89,608 | 31,343 | -16,875 | 74,285 |
| Creditors | 83,000 | -7,000 | 105,000 | 71,000 | -24,098 | 72,103 | 1,484 | -8,375 | -116,582 | 1,685 | 137,783 |
| Accruals and Deferred Income | 931,000 | -228,000 | 109,000 | -8,000 | 3,511 | 90,386 | -92,697 | 175,757 | 82,043 | ||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | 1,065,000 | 55,000 | -20,000 | 42,000 | 284,277 | ||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | -13,000 | 13,000 | |||||||||
| Group/Directors Accounts | -11,000 | 10,000 | 1,000 | -647 | 647 | -32,921 | -35,484 | 68,405 | |||
| Other Short Term Loans | |||||||||||
| Long term loans | -10,000 | -10,857 | 20,857 | -5,830 | -5,504 | 11,334 | |||||
| Hire Purchase and Lease Commitments | -31,000 | -13,723 | 3,197 | -10,257 | -136 | 51,919 | |||||
| other long term liabilities | -30,478 | 30,478 | |||||||||
| share issue | |||||||||||
| interest | -1,000 | -1,000 | -4,000 | -4,000 | |||||||
| cash flow from financing | -12,000 | 10,000 | -89,000 | -155,183 | |||||||
| cash and cash equivalents | |||||||||||
| cash | 1,016,000 | 54,000 | -42,000 | -20,000 | 127,310 | -147,556 | 153,627 | 132,181 | 16,554 | 43,945 | 60,939 |
| overdraft | -13,102 | 7,072 | 201 | -9,004 | 14,833 | ||||||
| change in cash | 1,016,000 | 54,000 | -42,000 | -20,000 | 140,412 | -154,628 | 153,426 | 141,185 | 1,721 | 43,945 | 60,939 |
murray technical services limited Credit Report and Business Information
Murray Technical Services Limited Competitor Analysis
Perform a competitor analysis for murray technical services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SO51 area or any other competitors across 12 key performance metrics.
murray technical services limited Ownership
MURRAY TECHNICAL SERVICES LIMITED group structure
Murray Technical Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
MURRAY TECHNICAL SERVICES LIMITED
08468765
murray technical services limited directors
Murray Technical Services Limited currently has 5 directors. The longest serving directors include Mr Paul Murray (Apr 2013) and Mr Allan Dallas (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Murray | 56 years | Apr 2013 | - | Director | |
| Mr Allan Dallas | United Kingdom | 63 years | Aug 2020 | - | Director |
| Mr Iain MacGregor | Scotland | 43 years | Aug 2020 | - | Director |
| Mr Jodie Skinner | England | 45 years | Aug 2020 | - | Director |
| Mr Steven McLachlan | 55 years | Aug 2020 | - | Director |
P&L
March 2024turnover
3.7m
+5%
operating profit
381k
+1261%
gross margin
24%
-37.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.2m
+0.33%
total assets
2.6m
+1.02%
cash
1.4m
+2.68%
net assets
Total assets minus all liabilities
murray technical services limited company details
company number
08468765
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit e2 premier centre, abbey park industrial estate, romsey, SO51 9DG
Bank
-
Legal Advisor
-
murray technical 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 found 4 charges/mortgages relating to murray technical services limited. Currently there are 2 open charges and 2 have been satisfied in the past.
murray technical services 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 MURRAY TECHNICAL SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
murray technical services limited Companies House Filings - See Documents
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