markem-imaje limited

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markem-imaje limited Company Information

Share MARKEM-IMAJE LIMITED

Company Number

08611948

Shareholders

dover refrigeration & food equipment uk ltd

Group Structure

View All

Industry

Repair of other equipment

 +2

Registered Address

centenary house 1 centenary way, salford, M50 1RF

markem-imaje limited Estimated Valuation

£30.1m

Pomanda estimates the enterprise value of MARKEM-IMAJE LIMITED at £30.1m based on a Turnover of £36.9m and 0.82x industry multiple (adjusted for size and gross margin).

markem-imaje limited Estimated Valuation

£12.7m

Pomanda estimates the enterprise value of MARKEM-IMAJE LIMITED at £12.7m based on an EBITDA of £1.9m and a 6.59x industry multiple (adjusted for size and gross margin).

markem-imaje limited Estimated Valuation

£19.5m

Pomanda estimates the enterprise value of MARKEM-IMAJE LIMITED at £19.5m based on Net Assets of £7.3m and 2.66x industry multiple (adjusted for liquidity).

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Markem-imaje Limited Overview

Markem-imaje Limited is a live company located in salford, M50 1RF with a Companies House number of 08611948. It operates in the repair of other equipment sector, SIC Code 33190. Founded in July 2013, it's largest shareholder is dover refrigeration & food equipment uk ltd with a 100% stake. Markem-imaje Limited is a established, large sized company, Pomanda has estimated its turnover at £36.9m with healthy growth in recent years.

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Markem-imaje Limited Health Check

Pomanda's financial health check has awarded Markem-Imaje Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £36.9m, make it larger than the average company (£7.2m)

£36.9m - Markem-imaje Limited

£7.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.7%)

8% - Markem-imaje Limited

6.7% - Industry AVG

production

Production

with a gross margin of 18.4%, this company has a higher cost of product (34.7%)

18.4% - Markem-imaje Limited

34.7% - Industry AVG

profitability

Profitability

an operating margin of 3.7% make it less profitable than the average company (5.4%)

3.7% - Markem-imaje Limited

5.4% - Industry AVG

employees

Employees

with 76 employees, this is above the industry average (35)

76 - Markem-imaje Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £66.3k, the company has a higher pay structure (£50.4k)

£66.3k - Markem-imaje Limited

£50.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £486k, this is more efficient (£162.2k)

£486k - Markem-imaje Limited

£162.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is near the average (59 days)

67 days - Markem-imaje Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (31 days)

0 days - Markem-imaje Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is less than average (39 days)

6 days - Markem-imaje Limited

39 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Markem-imaje Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.6%, this is a lower level of debt than the average (57.2%)

39.6% - Markem-imaje Limited

57.2% - Industry AVG

MARKEM-IMAJE LIMITED financials

EXPORTms excel logo

Markem-Imaje Limited's latest turnover from December 2023 is £36.9 million and the company has net assets of £7.3 million. According to their latest financial statements, Markem-Imaje Limited has 76 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover36,934,36933,801,64730,996,83729,168,59029,701,70828,215,34925,963,40426,159,71624,736,71124,334,198
Other Income Or Grants
Cost Of Sales30,148,04728,064,76225,264,49623,356,29824,048,70022,472,76620,551,59220,677,18819,876,18819,878,066
Gross Profit6,786,3225,736,8855,732,3415,812,2925,653,0085,742,5835,411,8125,482,5284,860,5234,456,132
Admin Expenses5,418,2964,918,1374,741,4515,073,1094,706,0314,797,3164,388,0184,679,7073,957,9604,132,867
Operating Profit1,368,026818,748990,890739,183946,977945,2671,023,794802,821902,563323,265
Interest Payable5771,3827,3249,14642,68250,87557,417
Interest Receivable73,95410,7232792,991
Pre-Tax Profit1,441,403828,089983,566730,037904,295894,392966,377802,821902,842326,256
Tax-190,42258,904-93,304-249,716286,538-284,573-374,640-99,540-242,404-191,653
Profit After Tax1,250,981886,993890,262480,3211,190,833609,819591,737703,281660,438134,603
Dividends Paid
Retained Profit1,250,981886,993890,262480,3211,190,833609,819591,737703,281660,438134,603
Employee Costs5,041,0284,519,8664,343,4313,991,0494,144,4854,002,7723,749,4093,630,0853,677,2493,804,659
Number Of Employees76686767696866646568
EBITDA*1,923,7571,367,4061,557,8691,311,8981,513,7641,505,8711,583,5881,353,6311,458,231896,980

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets79,84126,38013,99635,01367,41663,73164,82642,13918,03928,595
Intangible Assets2,701,5693,241,8813,782,1934,322,5054,862,8175,403,1295,943,4416,483,7537,024,0657,564,377
Investments & Other
Debtors (Due After 1 year)79,62268,68345,19926,004
Total Fixed Assets2,861,0323,336,9443,841,3884,383,5224,930,2335,466,8606,008,2676,525,8927,042,1047,592,972
Stock & work in progress533,348880,397506,804656,649134,019191,72389,750141,212142,017207,420
Trade Debtors6,819,1467,785,8685,959,6016,556,8216,095,2176,193,8805,439,4295,492,8084,460,4744,755,711
Group Debtors1,915,802211,1521,114,665198,38140,65832,02967,2511,054,8821,064,45537,112
Misc Debtors22,89745,08230,963155,08980,544125,480222,736240,209290,739153,856
Cash22,17010,1969,3633,352
misc current assets
total current assets9,291,1938,922,4997,612,0337,566,9406,350,4386,565,2825,829,3626,929,1115,967,0485,157,451
total assets12,152,22512,259,44311,453,42111,950,46211,280,67112,032,14211,837,62913,455,00313,009,15212,750,423
Bank overdraft
Bank loan
Trade Creditors 73,78953,70982,600193,290306,270231,156218,345276,903483,978377,963
Group/Directors Accounts1,151,0462,551,2392,674,3672,201,9274,137,9905,543,3266,447,4708,879,6799,307,8159,908,982
other short term finances
hp & lease commitments
other current liabilities3,299,3623,353,5073,132,8854,247,7052,683,0223,286,1042,794,0772,523,6462,207,6402,075,937
total current liabilities4,524,1975,958,4555,889,8526,642,9227,127,2829,060,5869,459,89211,680,22811,999,43312,362,882
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions282,082206,023355,597989,830316,000325,000341,000329,775268,000321,985
total long term liabilities282,082206,023355,597989,830316,000325,000341,000329,775268,000321,985
total liabilities4,806,2796,164,4786,245,4497,632,7527,443,2829,385,5869,800,89212,010,00312,267,43312,684,867
net assets7,345,9466,094,9655,207,9724,317,7103,837,3892,646,5562,036,7371,445,000741,71965,556
total shareholders funds7,345,9466,094,9655,207,9724,317,7103,837,3892,646,5562,036,7371,445,000741,71965,556
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit1,368,026818,748990,890739,183946,977945,2671,023,794802,821902,563323,265
Depreciation15,4198,34626,66732,40326,47520,29219,48210,49815,35633,403
Amortisation540,312540,312540,312540,312540,312540,312540,312540,312540,312540,312
Tax-190,42258,904-93,304-249,716286,538-284,573-374,640-99,540-242,404-191,653
Stock-347,049373,593-149,845522,630-57,704101,973-51,462-805-65,403207,420
Debtors726,682960,357214,133719,876-134,970621,973-1,058,483972,231868,9894,946,679
Creditors20,080-28,891-110,690-112,98075,11412,811-58,558-207,075106,015377,963
Accruals and Deferred Income-54,145220,622-1,114,8201,564,683-603,082492,027270,431316,006131,7032,075,937
Deferred Taxes & Provisions76,059-149,574-634,233673,830-9,000-16,00011,22561,775-53,985321,985
Cash flow from operations1,395,696134,517-459,4661,945,2091,456,008986,1902,541,991453,371595,974-1,672,887
Investing Activities
capital expenditure-68,880-20,730-5,650-30,160-19,197-42,169-34,598-4,800-8,166,687
Change in Investments
cash flow from investments-68,880-20,730-5,650-30,160-19,197-42,169-34,598-4,800-8,166,687
Financing Activities
Bank loans
Group/Directors Accounts-1,400,193-123,128472,440-1,936,063-1,405,336-904,144-2,432,209-428,136-601,1679,908,982
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue15,725-69,047
interest73,3779,341-7,324-9,146-42,682-50,875-57,4172792,991
cash flow from financing-1,326,816-113,787465,116-1,945,209-1,448,018-955,019-2,489,626-428,136-585,1639,842,926
cash and cash equivalents
cash-22,17011,97410,196-9,3636,0113,352
overdraft
change in cash-22,17011,97410,196-9,3636,0113,352

markem-imaje 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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Markem-imaje Limited Competitor Analysis

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Perform a competitor analysis for markem-imaje limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M50 area or any other competitors across 12 key performance metrics.

markem-imaje limited Ownership

MARKEM-IMAJE LIMITED group structure

Markem-Imaje Limited has no subsidiary companies.

Ultimate parent company

DOVER CORP

#0002160

2 parents

MARKEM-IMAJE LIMITED

08611948

MARKEM-IMAJE LIMITED Shareholders

dover refrigeration & food equipment uk ltd 100%

markem-imaje limited directors

Markem-Imaje Limited currently has 3 directors. The longest serving directors include Mr Martin Bailey (Dec 2013) and Anne-Sophie Alric (Jul 2018).

officercountryagestartendrole
Mr Martin BaileyEngland57 years Dec 2013- Director
Anne-Sophie AlricEngland49 years Jul 2018- Director
Mr Alistair Todd50 years Jun 2022- Director

P&L

December 2023

turnover

36.9m

+9%

operating profit

1.4m

+67%

gross margin

18.4%

+8.26%

turnover

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

Balance Sheet

December 2023

net assets

7.3m

+0.21%

total assets

12.2m

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

markem-imaje limited company details

company number

08611948

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

33190 - Repair of other equipment

33200 - Installation of industrial machinery and equipment

incorporation date

July 2013

age

12

incorporated

UK

ultimate parent company

DOVER CORP

accounts

Full Accounts

last accounts submitted

December 2023

previous names

dover altius limited (January 2014)

accountant

-

auditor

FORVIS MAZARS LLP

address

centenary house 1 centenary way, salford, M50 1RF

Bank

NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

markem-imaje 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 markem-imaje limited.

markem-imaje 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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markem-imaje limited Companies House Filings - See Documents

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