m & t midlands limited
m & t midlands limited Company Information
Company Number
08539770
Website
www.mtmidlands.co.ukRegistered Address
fulford house newbold terrace, leamington spa, warwickshire, CV32 4EA
Industry
Development of building projects
Telephone
02476100342
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
thomas greevy 25%
katherine greevy 25%
View Allm & t midlands limited Estimated Valuation
The estimated valuation range for m & t midlands limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £0 to £7.7m
m & t midlands limited Estimated Valuation
The estimated valuation range for m & t midlands limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £0 to £7.7m
m & t midlands limited Estimated Valuation
The estimated valuation range for m & t midlands limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £0 to £7.7m
Get a detailed valuation report, edit figures and unlock valuation multiples.
M & T Midlands Limited AI Business Plan
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M & T Midlands Limited Overview
M & T Midlands Limited is a live company located in warwickshire, CV32 4EA with a Companies House number of 08539770. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2013, it's largest shareholder is thomas greevy with a 25% stake. M & T Midlands Limited is a established, mid sized company, Pomanda has estimated its turnover at £13m with rapid growth in recent years.
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M & T Midlands Limited Health Check
Pomanda's financial health check has awarded M & T Midlands 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 £13m, make it larger than the average company (£2.2m)
- M & T Midlands Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (2.5%)
- M & T Midlands Limited
2.5% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (26%)
- M & T Midlands Limited
26% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (7.5%)
- M & T Midlands Limited
7.5% - Industry AVG
Employees
with 9 employees, this is above the industry average (6)
9 - M & T Midlands Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- M & T Midlands Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£288.3k)
- M & T Midlands Limited
£288.3k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (28 days)
- M & T Midlands Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (31 days)
- M & T Midlands Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (166 days)
- M & T Midlands Limited
166 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (13 weeks)
17 weeks - M & T Midlands Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56%, this is a lower level of debt than the average (73.6%)
56% - M & T Midlands Limited
73.6% - Industry AVG
m & t midlands limited Credit Report and Business Information
M & T Midlands Limited Competitor Analysis
Perform a competitor analysis for m & t midlands limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
m & t midlands limited Ownership
M & T MIDLANDS LIMITED group structure
M & T Midlands Limited has no subsidiary companies.
Ultimate parent company
M & T MIDLANDS LIMITED
08539770
m & t midlands limited directors
M & T Midlands Limited currently has 4 directors. The longest serving directors include Mr Matthew Greevy (May 2013) and Mr Thomas Greevy (May 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Greevy | United Kingdom | 39 years | May 2013 | - | Director |
| Mr Thomas Greevy | United Kingdom | 68 years | May 2013 | - | Director |
| Mrs Julie Greevy | England | 65 years | Jan 2015 | - | Director |
| Mrs Katherine Greevy | United Kingdom | 40 years | Jan 2015 | - | Director |
M & T MIDLANDS LIMITED financials
M & T Midlands Limited's latest turnover from May 2023 is estimated at £13 million and the company has net assets of £1.6 million. According to their latest financial statements, M & T Midlands Limited has 9 employees and maintains cash reserves of £696.8 thousand 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 | 370,883 | |||||||||
| Other Income Or Grants | 0 | |||||||||
| Cost Of Sales | 232,021 | |||||||||
| Gross Profit | 138,862 | |||||||||
| Admin Expenses | 60,179 | |||||||||
| Operating Profit | 78,683 | |||||||||
| Interest Payable | ||||||||||
| Interest Receivable | 0 | |||||||||
| Pre-Tax Profit | 78,683 | |||||||||
| Tax | -15,736 | |||||||||
| Profit After Tax | 62,947 | |||||||||
| Dividends Paid | 60,000 | |||||||||
| Retained Profit | 2,947 | |||||||||
| Employee Costs | 20,857 | |||||||||
| Number Of Employees | 9 | 10 | 6 | 6 | 5 | 4 | 4 | |||
| EBITDA* | 78,683 |
* 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 | 51,551 | 124,552 | 158,749 | 15,394 | 12,595 | 8,376 | 1,271 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 51,551 | 124,552 | 158,749 | 15,394 | 12,595 | 8,376 | 1,271 | 0 | 0 | 2 |
| Stock & work in progress | 474,099 | 832,480 | 359,610 | 465,330 | 31,110 | 439,707 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,792,270 | 1,987,321 | 2,008,267 | 574,289 | 207,581 | 6,333 | 161,411 | 186,472 | 8,425 | 0 |
| Group Debtors | 236,046 | 0 | 0 | 2,119 | 327,207 | 9,932 | 0 | 0 | 0 | 0 |
| Misc Debtors | 420,686 | 374,048 | 401,105 | 82,127 | 143,701 | 77,524 | 156,453 | 159,569 | 0 | 0 |
| Cash | 696,844 | 394,303 | 427,528 | 892,828 | 374,145 | 263,256 | 5,561 | 212,160 | 27,357 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,619,945 | 3,588,152 | 3,196,510 | 2,016,693 | 1,083,744 | 796,752 | 323,425 | 558,201 | 35,782 | 0 |
| total assets | 3,671,496 | 3,712,704 | 3,355,259 | 2,032,087 | 1,096,339 | 805,128 | 324,696 | 558,201 | 35,782 | 2 |
| 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 | 1,699,172 | 1,645,992 | 1,324,016 | 491,982 | 379,703 | 411,204 | 61,477 | 110,072 | 11,086 | 0 |
| Group/Directors Accounts | 0 | 19,702 | 36,180 | 23,970 | 0 | 0 | 56,342 | 0 | 6,013 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 24,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 356,695 | 231,071 | 410,387 | 379,796 | 96,717 | 79,057 | 31,485 | 246,723 | 15,736 | 0 |
| total current liabilities | 2,055,867 | 1,921,098 | 1,770,583 | 895,748 | 476,420 | 490,261 | 149,304 | 356,795 | 32,835 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 26,361 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 99,366 | 100,413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 125,727 | 100,413 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,055,867 | 2,046,825 | 1,870,996 | 945,748 | 476,420 | 490,261 | 149,304 | 356,795 | 32,835 | 0 |
| net assets | 1,615,629 | 1,665,879 | 1,484,263 | 1,086,339 | 619,919 | 314,867 | 175,392 | 201,406 | 2,947 | 2 |
| total shareholders funds | 1,615,629 | 1,665,879 | 1,484,263 | 1,086,339 | 619,919 | 314,867 | 175,392 | 201,406 | 2,947 | 2 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 78,683 | |||||||||
| Depreciation | 36,034 | 44,213 | 14,111 | 2,934 | 2,453 | 2,792 | 424 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -15,736 | |||||||||
| Stock | -358,381 | 472,870 | -105,720 | 434,220 | -408,597 | 439,707 | 0 | 0 | 0 | 0 |
| Debtors | 87,633 | -48,003 | 1,750,837 | -19,954 | 584,700 | -224,075 | -28,177 | 337,616 | 8,425 | 0 |
| Creditors | 53,180 | 321,976 | 832,034 | 112,279 | -31,501 | 349,727 | -48,595 | 98,986 | 11,086 | 0 |
| Accruals and Deferred Income | 125,624 | -179,316 | 30,591 | 283,079 | 17,660 | 47,572 | -215,238 | 230,987 | 15,736 | 0 |
| Deferred Taxes & Provisions | -99,366 | -1,047 | 100,413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 81,344 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 2 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -19,702 | -16,478 | 12,210 | 23,970 | 0 | -56,342 | 56,342 | -6,013 | 6,013 | 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 | -50,694 | 50,694 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 302,541 | -33,225 | -465,300 | 518,683 | 110,889 | 257,695 | -206,599 | 184,803 | 27,357 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 302,541 | -33,225 | -465,300 | 518,683 | 110,889 | 257,695 | -206,599 | 184,803 | 27,357 | 0 |
P&L
May 2023turnover
13m
+1%
operating profit
-74.8k
0%
gross margin
26%
+6.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.6m
-0.03%
total assets
3.7m
-0.01%
cash
696.8k
+0.77%
net assets
Total assets minus all liabilities
m & t midlands limited company details
company number
08539770
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
fulford house newbold terrace, leamington spa, warwickshire, CV32 4EA
last accounts submitted
May 2023
m & t midlands 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 3 charges/mortgages relating to m & t midlands limited. Currently there are 3 open charges and 0 have been satisfied in the past.
m & t midlands limited Companies House Filings - See Documents
| date | description | view/download |
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