mainstream granite limited
mainstream granite limited Company Information
Company Number
08848396
Website
www.mainstreamgranite.co.ukRegistered Address
22 friars street, sudbury, suffolk, CO10 2AA
Industry
Other retail sale not in stores, stalls or markets
Telephone
01787881202
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mark stuart arthur white 50%
daniel john minnis 50%
mainstream granite limited Estimated Valuation
Pomanda estimates the enterprise value of MAINSTREAM GRANITE LIMITED at £438.2k based on a Turnover of £1.5m and 0.29x industry multiple (adjusted for size and gross margin).
mainstream granite limited Estimated Valuation
Pomanda estimates the enterprise value of MAINSTREAM GRANITE LIMITED at £0 based on an EBITDA of £-22.8k and a 2.99x industry multiple (adjusted for size and gross margin).
mainstream granite limited Estimated Valuation
Pomanda estimates the enterprise value of MAINSTREAM GRANITE LIMITED at £143.3k based on Net Assets of £71.4k and 2.01x industry multiple (adjusted for liquidity).
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Mainstream Granite Limited Overview
Mainstream Granite Limited is a live company located in suffolk, CO10 2AA with a Companies House number of 08848396. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in January 2014, it's largest shareholder is mark stuart arthur white with a 50% stake. Mainstream Granite Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Mainstream Granite Limited Health Check
Pomanda's financial health check has awarded Mainstream Granite Limited a 3 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
4 Regular
6 Weak
Size
annual sales of £1.5m, make it in line with the average company (£1.5m)
- Mainstream Granite Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4%)
- Mainstream Granite Limited
4% - Industry AVG
Production
with a gross margin of 30.8%, this company has a comparable cost of product (30.8%)
- Mainstream Granite Limited
30.8% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (5.8%)
- Mainstream Granite Limited
5.8% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - Mainstream Granite Limited
15 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)
- Mainstream Granite Limited
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £253.2k, this is more efficient (£218.9k)
- Mainstream Granite Limited
£218.9k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (36 days)
- Mainstream Granite Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (37 days)
- Mainstream Granite Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 173 days, this is more than average (69 days)
- Mainstream Granite Limited
69 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Mainstream Granite Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.2%, this is a higher level of debt than the average (65.4%)
91.2% - Mainstream Granite Limited
65.4% - Industry AVG
MAINSTREAM GRANITE LIMITED financials
Mainstream Granite Limited's latest turnover from December 2022 is estimated at £1.5 million and the company has net assets of £71.4 thousand. According to their latest financial statements, Mainstream Granite Limited has 6 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 8 | 5 | 2 | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 165,918 | 144,847 | 154,266 | 170,619 | 52,452 | 61,352 | 65,294 | 33,372 | 41,551 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 165,918 | 144,847 | 154,266 | 170,619 | 52,452 | 61,352 | 65,294 | 33,372 | 41,551 |
| Stock & work in progress | 500,000 | 515,000 | 555,388 | 534,417 | 635,388 | 471,610 | 129,398 | 101,684 | 74,769 |
| Trade Debtors | 127,158 | 100,562 | 153,356 | 320,168 | 293,663 | 197,641 | 47,891 | 69,882 | 54,031 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,263 | 18,542 | 0 | 0 | 0 | 0 | 10,669 | 875 | 0 |
| Cash | 1,928 | 855 | 3,351 | 1,847 | 3,793 | 5,335 | 0 | 5,418 | 8,447 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 646,349 | 634,959 | 712,095 | 856,432 | 932,844 | 674,586 | 187,958 | 177,859 | 137,247 |
| total assets | 812,267 | 779,806 | 866,361 | 1,027,051 | 985,296 | 735,938 | 253,252 | 211,231 | 178,798 |
| Bank overdraft | 112,170 | 69,989 | 0 | 0 | 0 | 0 | 0 | 35,833 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 254,414 | 198,404 | 532,802 | 653,321 | 565,173 | 538,238 | 216,533 | 59,515 | 178,224 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 150,717 | 111,280 | 0 | 0 | 0 | 0 | 0 | 73,878 | 0 |
| total current liabilities | 517,301 | 379,673 | 532,802 | 653,321 | 565,173 | 538,238 | 216,533 | 169,226 | 178,224 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 223,547 | 255,611 | 142,528 | 65,991 | 7,917 | 12,917 | 17,917 | 0 | 3,000 |
| provisions | 0 | 0 | 0 | 22,289 | 9,966 | 11,657 | 13,059 | 6,674 | 0 |
| total long term liabilities | 223,547 | 255,611 | 142,528 | 88,280 | 17,883 | 24,574 | 30,976 | 6,674 | 3,000 |
| total liabilities | 740,848 | 635,284 | 675,330 | 741,601 | 583,056 | 562,812 | 247,509 | 175,900 | 181,224 |
| net assets | 71,419 | 144,522 | 191,031 | 285,450 | 402,240 | 173,126 | 5,743 | 35,331 | -2,426 |
| total shareholders funds | 71,419 | 144,522 | 191,031 | 285,450 | 402,240 | 173,126 | 5,743 | 35,331 | -2,426 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 41,674 | 33,995 | 33,939 | 35,616 | 12,548 | 21,224 | 8,344 | 8,344 | 6,211 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 6,669 | 0 | 0 |
| Tax | |||||||||
| Stock | -15,000 | -40,388 | 20,971 | -100,971 | 163,778 | 342,212 | 27,714 | 26,915 | 74,769 |
| Debtors | 25,317 | -34,252 | -166,812 | 26,505 | 96,022 | 139,081 | -12,197 | 16,726 | 54,031 |
| Creditors | 56,010 | -334,398 | -120,519 | 88,148 | 26,935 | 321,705 | 157,018 | -118,709 | 178,224 |
| Accruals and Deferred Income | 39,437 | 111,280 | 0 | 0 | 0 | 0 | -73,878 | 73,878 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -22,289 | 12,323 | -1,691 | -1,402 | 6,385 | 6,674 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -32,064 | 113,083 | 76,537 | 58,074 | -5,000 | -5,000 | 17,917 | -3,000 | 3,000 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 1,073 | -2,496 | 1,504 | -1,946 | -1,542 | 5,335 | -5,418 | -3,029 | 8,447 |
| overdraft | 42,181 | 69,989 | 0 | 0 | 0 | 0 | -35,833 | 35,833 | 0 |
| change in cash | -41,108 | -72,485 | 1,504 | -1,946 | -1,542 | 5,335 | 30,415 | -38,862 | 8,447 |
mainstream granite limited Credit Report and Business Information
Mainstream Granite Limited Competitor Analysis
Perform a competitor analysis for mainstream granite limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mainstream granite limited Ownership
MAINSTREAM GRANITE LIMITED group structure
Mainstream Granite Limited has no subsidiary companies.
Ultimate parent company
MAINSTREAM GRANITE LIMITED
08848396
mainstream granite limited directors
Mainstream Granite Limited currently has 2 directors. The longest serving directors include Mr Mark White (Jan 2014) and Mr Daniel Minnis (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark White | United Kingdom | 43 years | Jan 2014 | - | Director |
| Mr Daniel Minnis | England | 45 years | Jul 2016 | - | Director |
P&L
December 2022turnover
1.5m
+14%
operating profit
-64.5k
0%
gross margin
30.8%
+1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
71.4k
-0.51%
total assets
812.3k
+0.04%
cash
1.9k
+1.25%
net assets
Total assets minus all liabilities
mainstream granite limited company details
company number
08848396
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
January 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
22 friars street, sudbury, suffolk, CO10 2AA
last accounts submitted
December 2022
mainstream granite 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 mainstream granite limited. Currently there are 0 open charges and 3 have been satisfied in the past.
mainstream granite limited Companies House Filings - See Documents
| date | description | view/download |
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