mei pump services ltd
mei pump services ltd Company Information
Company Number
08493976
Registered Address
17a yorkersgate, malton, north yorkshire, YO17 7AA
Industry
Sewerage
Telephone
01944758577
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
hazel welburn 66.7%
adrian welburn 33.3%
mei pump services ltd Estimated Valuation
Pomanda estimates the enterprise value of MEI PUMP SERVICES LTD at £867.1k based on a Turnover of £513.2k and 1.69x industry multiple (adjusted for size and gross margin).
mei pump services ltd Estimated Valuation
Pomanda estimates the enterprise value of MEI PUMP SERVICES LTD at £99.2k based on an EBITDA of £21.2k and a 4.67x industry multiple (adjusted for size and gross margin).
mei pump services ltd Estimated Valuation
Pomanda estimates the enterprise value of MEI PUMP SERVICES LTD at £522.9k based on Net Assets of £195k and 2.68x industry multiple (adjusted for liquidity).
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Mei Pump Services Ltd Overview
Mei Pump Services Ltd is a live company located in north yorkshire, YO17 7AA with a Companies House number of 08493976. It operates in the sewerage sector, SIC Code 37000. Founded in April 2013, it's largest shareholder is hazel welburn with a 66.7% stake. Mei Pump Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £513.2k with healthy growth in recent years.
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Mei Pump Services Ltd Health Check
Pomanda's financial health check has awarded Mei Pump Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £513.2k, make it smaller than the average company (£9.3m)
- Mei Pump Services Ltd
£9.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.2%)
- Mei Pump Services Ltd
6.2% - Industry AVG
Production
with a gross margin of 20.8%, this company has a higher cost of product (29%)
- Mei Pump Services Ltd
29% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (8.4%)
- Mei Pump Services Ltd
8.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (79)
3 - Mei Pump Services Ltd
79 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)
- Mei Pump Services Ltd
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £171.1k, this is more efficient (£118k)
- Mei Pump Services Ltd
£118k - Industry AVG
Debtor Days
it gets paid by customers after 162 days, this is later than average (62 days)
- Mei Pump Services Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (32 days)
- Mei Pump Services Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mei Pump Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mei Pump Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15%, this is a lower level of debt than the average (64.3%)
15% - Mei Pump Services Ltd
64.3% - Industry AVG
MEI PUMP SERVICES LTD financials
Mei Pump Services Ltd's latest turnover from May 2023 is estimated at £513.2 thousand and the company has net assets of £195 thousand. According to their latest financial statements, Mei Pump Services Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 3 | 3 | 1 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 365 | 507 | 707 | 988 | 1,382 | 1,942 | 2,260 | 1,814 | 2,419 | 3,225 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 365 | 507 | 707 | 988 | 1,382 | 1,942 | 2,260 | 1,814 | 2,419 | 3,225 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,500 | 5,500 |
| Trade Debtors | 227,872 | 193,413 | 206,936 | 157,294 | 163,568 | 113,823 | 83,710 | 57,160 | 38,884 | 21,191 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,247 | 1,237 | 1,196 | 1,233 | 1,151 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,777 | 28,498 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,659 | 959 | 425 | 0 | 0 |
| total current assets | 229,119 | 194,650 | 208,132 | 158,527 | 164,719 | 115,482 | 84,669 | 57,585 | 57,161 | 55,189 |
| total assets | 229,484 | 195,157 | 208,839 | 159,515 | 166,101 | 117,424 | 86,929 | 59,399 | 59,580 | 58,414 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,502 | 15,993 | 47,187 | 13,520 | 17,310 | 28,032 | 23,740 | 26,772 | 46,359 | 43,589 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 34,502 | 15,993 | 47,187 | 13,520 | 17,310 | 28,032 | 23,740 | 26,772 | 46,359 | 43,589 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 2,400 | 2,330 | 2,265 | 2,195 | 2,750 | 2,550 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82 | 645 |
| total long term liabilities | 0 | 0 | 2,400 | 2,330 | 2,265 | 2,195 | 2,750 | 2,550 | 82 | 645 |
| total liabilities | 34,502 | 15,993 | 49,587 | 15,850 | 19,575 | 30,227 | 26,490 | 29,322 | 46,441 | 44,234 |
| net assets | 194,982 | 179,164 | 159,252 | 143,665 | 146,526 | 87,197 | 60,439 | 30,077 | 13,139 | 14,180 |
| total shareholders funds | 194,982 | 179,164 | 159,252 | 143,665 | 146,526 | 87,197 | 60,439 | 30,077 | 13,139 | 14,180 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 142 | 806 | 1,075 | |||||||
| Amortisation | 0 | 0 | 0 | |||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,500 | 0 | 5,500 |
| Debtors | 34,469 | -13,482 | 49,605 | -6,192 | 50,896 | 30,113 | 26,550 | 18,276 | 17,693 | 21,191 |
| Creditors | 18,509 | -31,194 | 33,667 | -3,790 | -10,722 | 4,292 | -3,032 | -19,587 | 2,770 | 43,589 |
| Accruals and Deferred Income | 0 | -2,400 | 70 | 65 | 70 | -555 | 200 | 2,550 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -82 | -563 | 645 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,777 | -15,721 | 28,498 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,777 | -15,721 | 28,498 |
mei pump services ltd Credit Report and Business Information
Mei Pump Services Ltd Competitor Analysis
Perform a competitor analysis for mei pump services ltd by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in YO17 area or any other competitors across 12 key performance metrics.
mei pump services ltd Ownership
MEI PUMP SERVICES LTD group structure
Mei Pump Services Ltd has no subsidiary companies.
Ultimate parent company
MEI PUMP SERVICES LTD
08493976
mei pump services ltd directors
Mei Pump Services Ltd currently has 2 directors. The longest serving directors include Ms Hazel Welburn (Apr 2013) and Mr Adrian Welburn (Apr 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Hazel Welburn | England | 75 years | Apr 2013 | - | Director |
| Mr Adrian Welburn | England | 53 years | Apr 2013 | - | Director |
P&L
May 2023turnover
513.2k
+4%
operating profit
21.1k
0%
gross margin
20.9%
-30.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
195k
+0.09%
total assets
229.5k
+0.18%
cash
0
0%
net assets
Total assets minus all liabilities
mei pump services ltd company details
company number
08493976
Type
Private limited with Share Capital
industry
37000 - Sewerage
incorporation date
April 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
17a yorkersgate, malton, north yorkshire, YO17 7AA
Bank
-
Legal Advisor
-
mei pump services 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 mei pump services ltd.
mei pump services ltd Companies House Filings - See Documents
| date | description | view/download |
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