multiform tubes engineering limited
multiform tubes engineering limited Company Information
Company Number
08840346
Next Accounts
Oct 2025
Shareholders
richard sweeney
anthony rochelle-whyte
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
unit 1 the hayes trading estate, folkes road, stourbridge, west midlands, DY9 8RG
Website
www.multiformservices.co.ukmultiform tubes engineering limited Estimated Valuation
Pomanda estimates the enterprise value of MULTIFORM TUBES ENGINEERING LIMITED at £1m based on a Turnover of £1.8m and 0.58x industry multiple (adjusted for size and gross margin).
multiform tubes engineering limited Estimated Valuation
Pomanda estimates the enterprise value of MULTIFORM TUBES ENGINEERING LIMITED at £25.8k based on an EBITDA of £6.6k and a 3.88x industry multiple (adjusted for size and gross margin).
multiform tubes engineering limited Estimated Valuation
Pomanda estimates the enterprise value of MULTIFORM TUBES ENGINEERING LIMITED at £543.5k based on Net Assets of £253.8k and 2.14x industry multiple (adjusted for liquidity).
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Multiform Tubes Engineering Limited Overview
Multiform Tubes Engineering Limited is a live company located in stourbridge, DY9 8RG with a Companies House number of 08840346. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in January 2014, it's largest shareholder is richard sweeney with a 50% stake. Multiform Tubes Engineering Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.
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Multiform Tubes Engineering Limited Health Check
Pomanda's financial health check has awarded Multiform Tubes Engineering Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£13.6m)
- Multiform Tubes Engineering Limited
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (8.5%)
- Multiform Tubes Engineering Limited
8.5% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (30.2%)
- Multiform Tubes Engineering Limited
30.2% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (6.5%)
- Multiform Tubes Engineering Limited
6.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (69)
6 - Multiform Tubes Engineering Limited
69 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
- Multiform Tubes Engineering Limited
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £292.7k, this is more efficient (£177.7k)
- Multiform Tubes Engineering Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (52 days)
- Multiform Tubes Engineering Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (41 days)
- Multiform Tubes Engineering Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Multiform Tubes Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Multiform Tubes Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.8%, this is a higher level of debt than the average (47.2%)
74.8% - Multiform Tubes Engineering Limited
47.2% - Industry AVG
MULTIFORM TUBES ENGINEERING LIMITED financials
Multiform Tubes Engineering Limited's latest turnover from January 2024 is estimated at £1.8 million and the company has net assets of £253.8 thousand. According to their latest financial statements, Multiform Tubes Engineering Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 6 | 6 | 6 | 6 | 7 | 7 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 381,371 | 389,907 | 402,597 | 394,458 | 407,455 | 413,271 | 35,979 | 22,436 | 17,123 | 1,120 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 381,371 | 389,907 | 402,597 | 394,458 | 407,455 | 413,271 | 35,979 | 22,436 | 17,123 | 1,120 |
| Stock & work in progress | 21,329 | 33,868 | 10,680 | |||||||
| Trade Debtors | 624,190 | 346,177 | 316,470 | 282,017 | 194,044 | 201,455 | 257,606 | 110,315 | 59,925 | 29,895 |
| Group Debtors | ||||||||||
| Misc Debtors | ||||||||||
| Cash | 37,525 | 28,371 | 40,557 | |||||||
| misc current assets | ||||||||||
| total current assets | 624,190 | 346,177 | 316,470 | 282,017 | 194,044 | 201,455 | 257,606 | 169,169 | 122,164 | 81,132 |
| total assets | 1,005,561 | 736,084 | 719,067 | 676,475 | 601,499 | 614,726 | 293,585 | 191,605 | 139,287 | 82,252 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 145,901 | 99,371 | 98,942 | 142,673 | 101,725 | 122,060 | 99,672 | 89,777 | 78,331 | 52,117 |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | ||||||||||
| total current liabilities | 145,901 | 99,371 | 98,942 | 142,673 | 101,725 | 122,060 | 99,672 | 89,777 | 78,331 | 52,117 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 373,881 | 134,000 | 101,437 | 7,107 | ||||||
| other liabilities | 232,022 | 253,935 | 274,479 | 293,987 | 260,703 | 269,651 | ||||
| provisions | ||||||||||
| total long term liabilities | 605,903 | 387,935 | 375,916 | 293,987 | 260,703 | 276,758 | ||||
| total liabilities | 751,804 | 487,306 | 474,858 | 436,660 | 362,428 | 398,818 | 99,672 | 89,777 | 78,331 | 52,117 |
| net assets | 253,757 | 248,778 | 244,209 | 239,815 | 239,071 | 215,908 | 193,913 | 101,828 | 60,956 | 30,135 |
| total shareholders funds | 253,757 | 248,778 | 244,209 | 239,815 | 239,071 | 215,908 | 193,913 | 101,828 | 60,956 | 30,135 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 2,577 | 1,810 | 80 | |||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | -21,329 | -12,539 | 23,188 | 10,680 | ||||||
| Debtors | 278,013 | 29,707 | 34,453 | 87,973 | -7,411 | -56,151 | 147,291 | 50,390 | 30,030 | 29,895 |
| Creditors | 46,530 | 429 | -43,731 | 40,948 | -20,335 | 22,388 | 9,895 | 11,446 | 26,214 | 52,117 |
| Accruals and Deferred Income | 239,881 | 32,563 | 101,437 | -7,107 | 7,107 | |||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | -21,913 | -20,544 | -19,508 | 33,284 | -8,948 | 269,651 | ||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -37,525 | 9,154 | -12,186 | 40,557 | ||||||
| overdraft | ||||||||||
| change in cash | -37,525 | 9,154 | -12,186 | 40,557 |
multiform tubes engineering limited Credit Report and Business Information
Multiform Tubes Engineering Limited Competitor Analysis
Perform a competitor analysis for multiform tubes engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in DY9 area or any other competitors across 12 key performance metrics.
multiform tubes engineering limited Ownership
MULTIFORM TUBES ENGINEERING LIMITED group structure
Multiform Tubes Engineering Limited has no subsidiary companies.
Ultimate parent company
MULTIFORM TUBES ENGINEERING LIMITED
08840346
multiform tubes engineering limited directors
Multiform Tubes Engineering Limited currently has 2 directors. The longest serving directors include Mr Richard Sweeney (Jan 2014) and Mr Anthony Rochelle - Whyte (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Sweeney | 56 years | Jan 2014 | - | Director | |
| Mr Anthony Rochelle - Whyte | United Kingdom | 58 years | Jan 2014 | - | Director |
P&L
January 2024turnover
1.8m
+77%
operating profit
6.6k
0%
gross margin
21.2%
+4.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
253.8k
+0.02%
total assets
1m
+0.37%
cash
0
0%
net assets
Total assets minus all liabilities
multiform tubes engineering limited company details
company number
08840346
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
January 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
unit 1 the hayes trading estate, folkes road, stourbridge, west midlands, DY9 8RG
Bank
-
Legal Advisor
-
multiform tubes engineering 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 multiform tubes engineering limited.
multiform tubes engineering 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.
Click to start generating capital raising & share issue transactions for MULTIFORM TUBES ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
multiform tubes engineering limited Companies House Filings - See Documents
| date | description | view/download |
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