metrix ndt limited

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metrix ndt limited Company Information

Share METRIX NDT LIMITED

Company Number

08532023

Shareholders

axi-tek ltd

nicholas darryl fox

Group Structure

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Industry

Wholesale of electronic and telecommunications equipment and parts

 +2

Registered Address

32 portland terrace, newcastle upon tyne, NE2 1QP

metrix ndt limited Estimated Valuation

£240.8k

Pomanda estimates the enterprise value of METRIX NDT LIMITED at £240.8k based on a Turnover of £580.8k and 0.41x industry multiple (adjusted for size and gross margin).

metrix ndt limited Estimated Valuation

£268.6k

Pomanda estimates the enterprise value of METRIX NDT LIMITED at £268.6k based on an EBITDA of £71k and a 3.78x industry multiple (adjusted for size and gross margin).

metrix ndt limited Estimated Valuation

£757.4k

Pomanda estimates the enterprise value of METRIX NDT LIMITED at £757.4k based on Net Assets of £354.3k and 2.14x industry multiple (adjusted for liquidity).

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Metrix Ndt Limited Overview

Metrix Ndt Limited is a live company located in newcastle upon tyne, NE2 1QP with a Companies House number of 08532023. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in May 2013, it's largest shareholder is axi-tek ltd with a 70% stake. Metrix Ndt Limited is a established, small sized company, Pomanda has estimated its turnover at £580.8k with healthy growth in recent years.

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Metrix Ndt Limited Health Check

Pomanda's financial health check has awarded Metrix Ndt Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £580.8k, make it smaller than the average company (£15.2m)

£580.8k - Metrix Ndt Limited

£15.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (9%)

7% - Metrix Ndt Limited

9% - Industry AVG

production

Production

with a gross margin of 28.7%, this company has a comparable cost of product (28.7%)

28.7% - Metrix Ndt Limited

28.7% - Industry AVG

profitability

Profitability

an operating margin of 11.5% make it more profitable than the average company (5.4%)

11.5% - Metrix Ndt Limited

5.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (48)

1 - Metrix Ndt Limited

48 - Industry AVG

paystructure

Pay Structure

on an average salary of £53k, the company has an equivalent pay structure (£53k)

£53k - Metrix Ndt Limited

£53k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £580.8k, this is more efficient (£335.6k)

£580.8k - Metrix Ndt Limited

£335.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 74 days, this is later than average (59 days)

74 days - Metrix Ndt Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 40 days, this is slower than average (36 days)

40 days - Metrix Ndt Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 246 days, this is more than average (74 days)

246 days - Metrix Ndt Limited

74 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (14 weeks)

30 weeks - Metrix Ndt Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28%, this is a lower level of debt than the average (51.8%)

28% - Metrix Ndt Limited

51.8% - Industry AVG

METRIX NDT LIMITED financials

EXPORTms excel logo

Metrix Ndt Limited's latest turnover from March 2024 is estimated at £580.8 thousand and the company has net assets of £354.3 thousand. According to their latest financial statements, Metrix Ndt Limited has 1 employee and maintains cash reserves of £66.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover580,837631,083388,022475,738330,203750,850323,421273,560378,962334,58336,790
Other Income Or Grants
Cost Of Sales413,910453,333280,434345,037237,253536,034234,263196,235269,824239,11326,193
Gross Profit166,927177,750107,588130,70292,950214,81689,15877,325109,13895,47010,597
Admin Expenses100,269145,106172,186133,39327,12348,1658,03985,89299,490113,58534,049
Operating Profit66,65832,644-64,598-2,69165,827166,65181,119-8,5679,648-18,115-23,452
Interest Payable8,20310,6778,2623,813
Interest Receivable3,4973,8781,1892282651,581580210389488304
Pre-Tax Profit61,95225,844-71,670-6,27566,093168,23281,699-8,35710,038-17,627-23,148
Tax-15,488-4,910-12,558-31,964-15,523-2,007
Profit After Tax46,46420,934-71,670-6,27553,535136,26866,176-8,3578,030-17,627-23,148
Dividends Paid
Retained Profit46,46420,934-71,670-6,27553,535136,26866,176-8,3578,030-17,627-23,148
Employee Costs53,04851,28149,24147,02646,64346,21044,71642,21683,30683,77040,516
Number Of Employees11111111221
EBITDA*71,04137,723-60,3472,31971,314169,15582,210-6,81611,588-17,302-23,179

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets6,90210,0468,27311,25514,2056,1272,5503,5324,1681,580546
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6,90210,0468,27311,25514,2056,1272,5503,5324,1681,580546
Stock & work in progress279,700218,284209,200232,200144,000114,00094,00090,957104,89964,833
Trade Debtors118,853133,61969,75782,79011,745191,99928,8803,87923,60544,0158,183
Group Debtors
Misc Debtors20,59374,18738,91235,53545,29410,8547,69512,8807,591
Cash66,16767,054115,440201,700254,376276,096145,61886,32881,75473,865121,456
misc current assets
total current assets485,313493,144433,309552,225455,415592,949276,193194,044217,849182,713129,639
total assets492,215503,190441,582563,480469,620599,076278,743197,576222,017184,293130,185
Bank overdraft18,22918,229
Bank loan31,25031,250
Trade Creditors 45,39399,70326,60155,81583,637162,04187,91385,742102,08275,0733,338
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities35,2057,0848,26222,27918,412124,53415,2762,9412,685
total current liabilities111,848138,03753,09296,323102,049286,575103,18988,683104,76775,0733,338
loans26,04257,292101,563106,771
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1,7892,6991,164485
total long term liabilities26,04257,292101,563108,5602,6991,164485
total liabilities137,890195,329154,655204,883104,748287,739103,67488,683104,76775,0733,338
net assets354,325307,861286,927358,597364,872311,337175,069108,893117,250109,220126,847
total shareholders funds354,325307,861286,927358,597364,872311,337175,069108,893117,250109,220126,847
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit66,65832,644-64,598-2,69165,827166,65181,119-8,5679,648-18,115-23,452
Depreciation4,3835,0794,2515,0105,4872,5041,0911,7511,940813273
Amortisation
Tax-15,488-4,910-12,558-31,964-15,523-2,007
Stock61,4169,084-23,00088,20030,00020,0003,043-13,94240,06664,833
Debtors-68,36099,137-9,65661,286-145,814166,27819,816-14,437-12,81935,8328,183
Creditors-54,31073,102-29,214-27,822-78,40474,1282,171-16,34027,00971,7353,338
Accruals and Deferred Income28,121-1,178-14,0173,867-106,122109,25812,3352562,685
Deferred Taxes & Provisions-1,789-9101,535679485
Cash flow from operations36,308-3,484-72,711-172,032-8,421134,97858,8195,47912,028-46,232-28,024
Investing Activities
capital expenditure-1,239-6,852-1,269-2,060-13,565-6,081-109-1,115-4,528-1,847-819
Change in Investments
cash flow from investments-1,239-6,852-1,269-2,060-13,565-6,081-109-1,115-4,528-1,847-819
Financing Activities
Bank loans31,250
Group/Directors Accounts
Other Short Term Loans
Long term loans-31,250-44,271-5,208106,771
Hire Purchase and Lease Commitments
other long term liabilities
share issue149,995
interest-4,706-6,799-7,073-3,5852651,581580210389488304
cash flow from financing-35,956-19,820-12,281103,1862651,581580210389488150,299
cash and cash equivalents
cash-887-48,386-86,260-52,676-21,720130,47859,2904,5747,889-47,591121,456
overdraft-18,22918,229
change in cash-887-30,157-86,260-70,905-21,720130,47859,2904,5747,889-47,591121,456

metrix ndt 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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Metrix Ndt Limited Competitor Analysis

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Perform a competitor analysis for metrix ndt limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NE2 area or any other competitors across 12 key performance metrics.

metrix ndt limited Ownership

METRIX NDT LIMITED group structure

Metrix Ndt Limited has no subsidiary companies.

Ultimate parent company

2 parents

METRIX NDT LIMITED

08532023

METRIX NDT LIMITED Shareholders

axi-tek ltd 70%
nicholas darryl fox 30%

metrix ndt limited directors

Metrix Ndt Limited currently has 2 directors. The longest serving directors include Mr Jonathan James-Gunn (Jul 2024) and Mr Peter Fairley (Jul 2024).

officercountryagestartendrole
Mr Jonathan James-GunnUnited Kingdom38 years Jul 2024- Director
Mr Peter FairleyUnited Kingdom34 years Jul 2024- Director

P&L

March 2024

turnover

580.8k

-8%

operating profit

66.7k

0%

gross margin

28.8%

+2.04%

turnover

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

Balance Sheet

March 2024

net assets

354.3k

+0.15%

total assets

492.2k

-0.02%

cash

66.2k

-0.01%

net assets

Total assets minus all liabilities

metrix ndt limited company details

company number

08532023

Type

Private limited with Share Capital

industry

46690 - Wholesale of other machinery and equipment

46520 - Wholesale of electronic and telecommunications equipment and parts

28990 - Manufacture of other special-purpose machinery n.e.c.

incorporation date

May 2013

age

12

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

LEMANS

auditor

-

address

32 portland terrace, newcastle upon tyne, NE2 1QP

Bank

-

Legal Advisor

-

metrix ndt 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 1 charges/mortgages relating to metrix ndt limited. Currently there are 1 open charges and 0 have been satisfied in the past.

metrix ndt 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.

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metrix ndt limited Companies House Filings - See Documents

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