murex bake limited

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murex bake limited Company Information

Share MUREX BAKE LIMITED

Company Number

08824500

Shareholders

murex energy wind limited

Group Structure

View All

Industry

Production of electricity

 

Registered Address

mells park house mells park, mells, frome, somerset, BA11 3QB

murex bake limited Estimated Valuation

£4k

Pomanda estimates the enterprise value of MUREX BAKE LIMITED at £4k based on a Turnover of £2.6k and 1.58x industry multiple (adjusted for size and gross margin).

murex bake limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of MUREX BAKE LIMITED at £1.9m based on an EBITDA of £419.8k and a 4.49x industry multiple (adjusted for size and gross margin).

murex bake limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of MUREX BAKE LIMITED at £1.7m based on Net Assets of £654.4k and 2.63x industry multiple (adjusted for liquidity).

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Murex Bake Limited Overview

Murex Bake Limited is a live company located in frome, BA11 3QB with a Companies House number of 08824500. It operates in the production of electricity sector, SIC Code 35110. Founded in December 2013, it's largest shareholder is murex energy wind limited with a 100% stake. Murex Bake Limited is a established, micro sized company, Pomanda has estimated its turnover at £2.6k with high growth in recent years.

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Murex Bake Limited Health Check

Pomanda's financial health check has awarded Murex Bake Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £2.6k, make it smaller than the average company (£1.7m)

£2.6k - Murex Bake Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (11.5%)

27% - Murex Bake Limited

11.5% - Industry AVG

production

Production

with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)

67.5% - Murex Bake Limited

67.5% - Industry AVG

profitability

Profitability

an operating margin of 13760.8% make it more profitable than the average company (48.8%)

13760.8% - Murex Bake Limited

48.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Murex Bake Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £80k, the company has an equivalent pay structure (£80k)

£80k - Murex Bake Limited

£80k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.6k, this is less efficient (£445.4k)

£2.6k - Murex Bake Limited

£445.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Murex Bake Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 192 days, this is slower than average (20 days)

192 days - Murex Bake Limited

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Murex Bake Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (10 weeks)

26 weeks - Murex Bake Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.5%, this is a lower level of debt than the average (86.8%)

38.5% - Murex Bake Limited

86.8% - Industry AVG

MUREX BAKE LIMITED financials

EXPORTms excel logo

Murex Bake Limited's latest turnover from March 2024 is estimated at £2.6 thousand and the company has net assets of £654.4 thousand. According to their latest financial statements, we estimate that Murex Bake Limited has 1 employee and maintains cash reserves of £83.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover2,55435,18046,9231,251725781,923761,527636,330676,148684,710
Other Income Or Grants
Cost Of Sales83210,81217,410521306314,418336,725291,461283,610338,883
Gross Profit1,72324,36829,513730419467,504424,801344,869392,538345,827
Admin Expenses-349,777318,269-125,864-196,589-238,580274,589266,222202,189284,364343,588
Operating Profit351,500-293,901155,377197,319238,999192,915158,579142,680108,1742,239
Interest Payable20,58729,90726,73930,71637,33348,30153,00668,16142,778
Interest Receivable5,0904,526818858686755438057993
Pre-Tax Profit336,003-319,282129,456166,688201,752145,481106,12774,89965,9752,332
Tax-84,001-24,597-31,671-38,333-27,641-20,164-14,980-13,195-490
Profit After Tax252,002-319,282104,859135,017163,419117,84085,96359,91952,7801,842
Dividends Paid
Retained Profit252,002-319,282104,859135,017163,419117,84085,96359,91952,7801,842
Employee Costs79,96372,16665,27660,29960,919178,751179,850181,221114,485155,207
Number Of Employees1111133323
EBITDA*419,773-225,643223,509265,434307,114261,030226,694210,795176,28868,739

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets685,611753,884820,381887,103955,2181,023,3331,091,4481,159,5631,227,6781,295,792
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets685,611753,884820,381887,103955,2181,023,3331,091,4481,159,5631,227,6781,295,792
Stock & work in progress
Trade Debtors87,71694,35683,64789,30367,001
Group Debtors151,301224,775126,858
Misc Debtors144,133107,79998,31799,527192,9821,115
Cash83,097110,816102,159115,97753,589118,433112,736109,049194,69037,040
misc current assets81,397
total current assets378,531218,615425,251342,362246,571206,149208,207192,696283,993185,438
total assets1,064,142972,4991,245,6321,229,4651,201,7891,229,4821,299,6551,352,2591,511,6711,481,230
Bank overdraft
Bank loan
Trade Creditors 4397,0837,8321821108,2566,69025,38363,083
Group/Directors Accounts163,14713,049106,063194,572240,699
other short term finances
hp & lease commitments
other current liabilities163,11763,43369,25357,66725,84922,10824,10223,71635,748
total current liabilities163,556233,66377,08557,84939,008136,427225,364264,41741,13163,083
loans126,581239,417344,137448,139558,945665,089766,044864,9071,316,253
hp & lease commitments
Accruals and Deferred Income
other liabilities1,416,304
provisions119,64597,061102,770106,696122,072109,621107,742108,39399,664
total long term liabilities246,226336,478446,907554,835681,017774,710873,786973,3001,415,9171,416,304
total liabilities409,782570,141523,992612,684720,025911,1371,099,1501,237,7171,457,0481,479,387
net assets654,360402,358721,640616,781481,764318,345200,505114,54254,6231,843
total shareholders funds654,360402,358721,640616,781481,764318,345200,505114,54254,6231,843
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit351,500-293,901155,377197,319238,999192,915158,579142,680108,1742,239
Depreciation68,27368,25868,13268,11568,11568,11568,11568,11568,11466,500
Amortisation
Tax-84,001-24,597-31,671-38,333-27,641-20,164-14,980-13,195-490
Stock
Debtors187,635-215,29396,70733,403105,266-7,75511,824-5,65622,30267,001
Creditors-6,644-7497,65072-8,1461,5666,688-5,381-57,70063,083
Accruals and Deferred Income99,684-5,82011,58631,8183,741-1,994386-12,03235,748
Deferred Taxes & Provisions22,584-5,709-3,926-15,37612,4511,879-6518,72999,664
Cash flow from operations263,761-22,628117,515216,874171,561242,595201,129192,787218,50364,331
Investing Activities
capital expenditure-1,761-1,410-1,362,292
Change in Investments
cash flow from investments-1,761-1,410-1,362,292
Financing Activities
Bank loans
Group/Directors Accounts-163,147163,147-13,049-93,014-88,509-46,127240,699
Other Short Term Loans
Long term loans-112,836-104,720-104,002-110,806-106,144-100,955-98,863-451,3461,316,253
Hire Purchase and Lease Commitments
other long term liabilities-1,416,3041,416,304
share issue1
interest-15,497-25,381-25,921-30,631-37,247-47,434-52,452-67,781-42,19993
cash flow from financing-291,48033,046-129,923-154,486-236,405-236,898-197,442-278,428-142,2501,416,398
cash and cash equivalents
cash-27,7198,657-13,81862,388-64,8445,6973,687-85,641157,65037,040
overdraft
change in cash-27,7198,657-13,81862,388-64,8445,6973,687-85,641157,65037,040

murex bake 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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Murex Bake Limited Competitor Analysis

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Perform a competitor analysis for murex bake limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in BA11 area or any other competitors across 12 key performance metrics.

murex bake limited Ownership

MUREX BAKE LIMITED group structure

Murex Bake Limited has no subsidiary companies.

Ultimate parent company

2 parents

MUREX BAKE LIMITED

08824500

MUREX BAKE LIMITED Shareholders

murex energy wind limited 100%

murex bake limited directors

Murex Bake Limited currently has 3 directors. The longest serving directors include Mr Michael Samuel (Dec 2013) and Mr Harry Wyndham (Dec 2013).

officercountryagestartendrole
Mr Michael SamuelUnited Kingdom72 years Dec 2013- Director
Mr Harry WyndhamUnited Kingdom67 years Dec 2013- Director
Mr Stephen EllamUnited Kingdom60 years Dec 2013- Director

P&L

March 2024

turnover

2.6k

-93%

operating profit

351.5k

0%

gross margin

67.5%

-2.63%

turnover

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

Balance Sheet

March 2024

net assets

654.4k

+0.63%

total assets

1.1m

+0.09%

cash

83.1k

-0.25%

net assets

Total assets minus all liabilities

murex bake limited company details

company number

08824500

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

December 2013

age

12

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

ELLAMWALKER ACCOUNTANTS LTD

auditor

-

address

mells park house mells park, mells, frome, somerset, BA11 3QB

Bank

-

Legal Advisor

-

murex bake 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 5 charges/mortgages relating to murex bake limited. Currently there are 0 open charges and 5 have been satisfied in the past.

murex bake 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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murex bake limited Companies House Filings - See Documents

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