mce medical market research ltd

4.5

mce medical market research ltd Company Information

Share MCE MEDICAL MARKET RESEARCH LTD
Live 
EstablishedMicroDeclining

Company Number

08698811

Registered Address

park house, 200 drake street, rochdale, OL16 1PJ

Industry

Market research and public opinion polling

 

Telephone

-

Next Accounts Due

June 2025

Group Structure

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Directors

Marta Conconi Evans10 Years

Kieron Evans8 Years

Shareholders

marta onega conconi evans 60%

kieron evans 40%

mce medical market research ltd Estimated Valuation

£36.2k

Pomanda estimates the enterprise value of MCE MEDICAL MARKET RESEARCH LTD at £36.2k based on a Turnover of £104.1k and 0.35x industry multiple (adjusted for size and gross margin).

mce medical market research ltd Estimated Valuation

£134.9k

Pomanda estimates the enterprise value of MCE MEDICAL MARKET RESEARCH LTD at £134.9k based on an EBITDA of £58.8k and a 2.29x industry multiple (adjusted for size and gross margin).

mce medical market research ltd Estimated Valuation

£52.8k

Pomanda estimates the enterprise value of MCE MEDICAL MARKET RESEARCH LTD at £52.8k based on Net Assets of £225.7k and 0.23x industry multiple (adjusted for liquidity).

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Mce Medical Market Research Ltd Overview

Mce Medical Market Research Ltd is a live company located in rochdale, OL16 1PJ with a Companies House number of 08698811. It operates in the market research and public opinion polling sector, SIC Code 73200. Founded in September 2013, it's largest shareholder is marta onega conconi evans with a 60% stake. Mce Medical Market Research Ltd is a established, micro sized company, Pomanda has estimated its turnover at £104.1k with declining growth in recent years.

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Mce Medical Market Research Ltd Health Check

Pomanda's financial health check has awarded Mce Medical Market Research Ltd a 4.5 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 Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £104.1k, make it smaller than the average company (£9.3m)

£104.1k - Mce Medical Market Research Ltd

£9.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.3%)

-3% - Mce Medical Market Research Ltd

6.3% - Industry AVG

production

Production

with a gross margin of 43.1%, this company has a higher cost of product (60.6%)

43.1% - Mce Medical Market Research Ltd

60.6% - Industry AVG

profitability

Profitability

an operating margin of 55.7% make it more profitable than the average company (7.1%)

55.7% - Mce Medical Market Research Ltd

7.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (59)

2 - Mce Medical Market Research Ltd

59 - Industry AVG

paystructure

Pay Structure

on an average salary of £62.5k, the company has an equivalent pay structure (£62.5k)

£62.5k - Mce Medical Market Research Ltd

£62.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £52k, this is less efficient (£133.8k)

£52k - Mce Medical Market Research Ltd

£133.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is earlier than average (69 days)

47 days - Mce Medical Market Research Ltd

69 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 594 days, this is slower than average (40 days)

594 days - Mce Medical Market Research Ltd

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mce Medical Market Research Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (14 weeks)

37 weeks - Mce Medical Market Research Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.5%, this is a lower level of debt than the average (57.4%)

46.5% - Mce Medical Market Research Ltd

57.4% - Industry AVG

MCE MEDICAL MARKET RESEARCH LTD financials

EXPORTms excel logo

Mce Medical Market Research Ltd's latest turnover from September 2023 is estimated at £104.1 thousand and the company has net assets of £225.7 thousand. According to their latest financial statements, Mce Medical Market Research Ltd has 2 employees and maintains cash reserves of £70 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014
Turnover104,08989,20164,615115,504223,977249,356198,9134,69461,32127,532
Other Income Or Grants0000000000
Cost Of Sales59,21647,37533,76861,582121,596137,033119,0072,88237,71417,164
Gross Profit44,87341,82530,84753,922102,382112,32479,9061,81223,60710,368
Admin Expenses-13,084-6,20668,745-15,40952,13090,467101,468-31,35331,281-69,550
Operating Profit57,95748,031-37,89869,33150,25221,857-21,56233,165-7,67479,918
Interest Payable0000000000
Interest Receivable4,8931,657101126265092160352215
Pre-Tax Profit62,85149,688-37,79769,45750,51721,857-21,47033,325-7,32280,133
Tax-15,713-9,4410-13,197-9,598-4,1530-6,6650-16,828
Profit After Tax47,13840,247-37,79756,26040,91917,704-21,47026,660-7,32263,305
Dividends Paid0000000000
Retained Profit47,13840,247-37,79756,26040,91917,704-21,47026,660-7,32263,305
Employee Costs124,903116,452109,603114,406110,667106,569106,38351,20051,19852,388
Number Of Employees2222222111
EBITDA*58,83449,200-36,33970,51451,27721,857-21,56243,6242,72990,455

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014
Tangible Assets2,6333,5104,6795,6633,0802,05211,0381,3811,2181,621
Intangible Assets000000020,00030,00040,000
Investments & Other0000000000
Debtors (Due After 1 year)336,000206,000196,0000000000
Total Fixed Assets338,633209,510200,6795,6633,0802,05211,03821,38131,21841,621
Stock & work in progress0000000000
Trade Debtors13,48412,3213,96018,50881,23397,78571,12714715,6321,768
Group Debtors0000000000
Misc Debtors00040,000000000
Cash69,950125,77721,494181,31770,7190073,31255,05985,874
misc current assets0000000000
total current assets83,434138,09825,454239,825151,95297,78571,12773,45970,69187,642
total assets422,067347,608226,133245,488155,03299,83782,16594,840101,909129,263
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 96,41369,09287,86469,42235,22620,95020,99212,13845,91665,948
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities96,41369,09287,86469,42235,22620,95020,99212,13845,91665,948
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities100,000100,00000000000
provisions00000004900
total long term liabilities100,000100,000000004900
total liabilities196,413169,09287,86469,42235,22620,95020,99212,18745,91665,948
net assets225,654178,516138,269176,066119,80678,88761,17382,65355,99363,315
total shareholders funds225,654178,516138,269176,066119,80678,88761,17382,65355,99363,315
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014
Operating Activities
Operating Profit57,95748,031-37,89869,33150,25221,857-21,56233,165-7,67479,918
Depreciation8771,1691,5591,1831,02500459403537
Amortisation000000010,00010,00010,000
Tax-15,713-9,4410-13,197-9,598-4,1530-6,6650-16,828
Stock0000000000
Debtors131,16318,361141,452-22,725-16,55226,65870,980-15,48513,8641,768
Creditors27,321-18,77218,44234,19614,276-428,854-33,778-20,03265,948
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions000000-494900
Cash flow from operations-60,7212,626-159,349114,23872,507-8,996-83,73718,715-31,167137,807
Investing Activities
capital expenditure00-575-3,766-2,0538,98610,343-6220-52,158
Change in Investments0000000000
cash flow from investments00-575-3,766-2,0538,98610,343-6220-52,158
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0100,00000000000
share issue0000010-100010
interest4,8931,657101126265092160352215
cash flow from financing4,893101,6571011262651082160352225
cash and cash equivalents
cash-55,827104,283-159,823110,59870,7190-73,31218,253-30,81585,874
overdraft0000000000
change in cash-55,827104,283-159,823110,59870,7190-73,31218,253-30,81585,874

mce medical market research ltd 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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Mce Medical Market Research Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for mce medical market research ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in OL16 area or any other competitors across 12 key performance metrics.

mce medical market research ltd Ownership

MCE MEDICAL MARKET RESEARCH LTD group structure

Mce Medical Market Research Ltd has no subsidiary companies.

Ultimate parent company

MCE MEDICAL MARKET RESEARCH LTD

08698811

MCE MEDICAL MARKET RESEARCH LTD Shareholders

marta onega conconi evans 60%
kieron evans 40%

mce medical market research ltd directors

Mce Medical Market Research Ltd currently has 2 directors. The longest serving directors include Mrs Marta Conconi Evans (Sep 2013) and Mr Kieron Evans (Apr 2016).

officercountryagestartendrole
Mrs Marta Conconi EvansUnited Kingdom55 years Sep 2013- Director
Mr Kieron EvansEngland58 years Apr 2016- Director

P&L

September 2023

turnover

104.1k

+17%

operating profit

58k

0%

gross margin

43.2%

-8.06%

turnover

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

Balance Sheet

September 2023

net assets

225.7k

+0.26%

total assets

422.1k

+0.21%

cash

70k

-0.44%

net assets

Total assets minus all liabilities

mce medical market research ltd company details

company number

08698811

Type

Private limited with Share Capital

industry

73200 - Market research and public opinion polling

incorporation date

September 2013

age

11

incorporated

UK

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

last accounts submitted

September 2023

address

park house, 200 drake street, rochdale, OL16 1PJ

accountant

WYATT MORRIS GOLLAND LTD

auditor

-

mce medical market research 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 mce medical market research ltd.

charges

mce medical market research ltd Companies House Filings - See Documents

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