masterflow products limited
masterflow products limited Company Information
Company Number
08922262
Website
www.masterflow.uk.comRegistered Address
building 95 second avenue, pensnett trading estate, kingswinford, DY6 7FT
Industry
Wholesale of hardware, plumbing and heating equipment and supplies
Telephone
08456003060
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ibp global trading ltd 100%
masterflow products limited Estimated Valuation
Pomanda estimates the enterprise value of MASTERFLOW PRODUCTS LIMITED at £5.6m based on a Turnover of £11m and 0.51x industry multiple (adjusted for size and gross margin).
masterflow products limited Estimated Valuation
Pomanda estimates the enterprise value of MASTERFLOW PRODUCTS LIMITED at £8m based on an EBITDA of £1.9m and a 4.32x industry multiple (adjusted for size and gross margin).
masterflow products limited Estimated Valuation
Pomanda estimates the enterprise value of MASTERFLOW PRODUCTS LIMITED at £4.5m based on Net Assets of £2.2m and 2.07x industry multiple (adjusted for liquidity).
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Masterflow Products Limited Overview
Masterflow Products Limited is a live company located in kingswinford, DY6 7FT with a Companies House number of 08922262. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in March 2014, it's largest shareholder is ibp global trading ltd with a 100% stake. Masterflow Products Limited is a established, mid sized company, Pomanda has estimated its turnover at £11m with high growth in recent years.
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Masterflow Products Limited Health Check
Pomanda's financial health check has awarded Masterflow Products Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £11m, make it smaller than the average company (£19.5m)
£11m - Masterflow Products Limited
£19.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (7.3%)
24% - Masterflow Products Limited
7.3% - Industry AVG
Production
with a gross margin of 27.4%, this company has a comparable cost of product (27.9%)
27.4% - Masterflow Products Limited
27.9% - Industry AVG
Profitability
an operating margin of 17% make it more profitable than the average company (5.8%)
17% - Masterflow Products Limited
5.8% - Industry AVG
Employees
with 8 employees, this is below the industry average (64)
8 - Masterflow Products Limited
64 - Industry AVG
Pay Structure
on an average salary of £57.8k, the company has a higher pay structure (£42.7k)
£57.8k - Masterflow Products Limited
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£338.4k)
£1.4m - Masterflow Products Limited
£338.4k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (53 days)
66 days - Masterflow Products Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (44 days)
65 days - Masterflow Products Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 262 days, this is more than average (90 days)
262 days - Masterflow Products Limited
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (15 weeks)
30 weeks - Masterflow Products Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.2%, this is a higher level of debt than the average (48.9%)
76.2% - Masterflow Products Limited
48.9% - Industry AVG
MASTERFLOW PRODUCTS LIMITED financials
Masterflow Products Limited's latest turnover from December 2023 is £11 million and the company has net assets of £2.2 million. According to their latest financial statements, Masterflow Products Limited has 8 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,973,000 | 8,490,000 | 7,556,000 | 5,753,000 | 5,521,000 | 5,649,000 | 5,584,000 | 3,402,000 | 2,309,000 | 595,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 7,967,000 | 6,437,000 | 5,651,000 | 4,424,000 | 4,821,000 | 4,999,000 | 5,222,000 | 3,148,000 | 2,160,000 | 666,000 |
| Gross Profit | 3,006,000 | 2,053,000 | 1,905,000 | 1,329,000 | 700,000 | 650,000 | 362,000 | 254,000 | 149,000 | -71,000 |
| Admin Expenses | 1,146,000 | 1,002,000 | 1,078,000 | 928,000 | 912,000 | 773,000 | 517,000 | 469,000 | 368,000 | 125,000 |
| Operating Profit | 1,860,000 | 1,051,000 | 827,000 | 401,000 | -212,000 | -123,000 | -155,000 | -215,000 | -219,000 | -196,000 |
| Interest Payable | 0 | 27,000 | 1,000 | 1,000 | 13,000 | 61,000 | 29,000 | 23,000 | 48,000 | 19,000 |
| Interest Receivable | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,872,000 | 1,024,000 | 826,000 | 400,000 | -225,000 | -184,000 | -184,000 | -238,000 | -267,000 | -215,000 |
| Tax | -408,000 | -165,000 | -59,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1,464,000 | 859,000 | 767,000 | 400,000 | -225,000 | -184,000 | -184,000 | -238,000 | -267,000 | -215,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,464,000 | 859,000 | 767,000 | 400,000 | -225,000 | -184,000 | -184,000 | -238,000 | -267,000 | -215,000 |
| Employee Costs | 462,000 | 378,000 | 503,000 | 382,000 | 338,000 | 347,000 | 363,000 | 311,000 | 250,000 | 68,000 |
| Number Of Employees | 8 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 3 |
| EBITDA* | 1,860,000 | 1,051,000 | 827,000 | 401,000 | -212,000 | -123,000 | -155,000 | -215,000 | -219,000 | -196,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 27,000 | 31,000 | 39,000 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 115,000 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 115,000 | 18,000 | 27,000 | 31,000 | 39,000 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 5,726,000 | 3,543,000 | 4,175,000 | 2,622,000 | 2,811,000 | 2,139,000 | 4,464,000 | 2,232,000 | 1,990,000 | 1,864,000 |
| Trade Debtors | 2,003,000 | 1,391,000 | 1,126,000 | 1,125,000 | 905,000 | 910,000 | 1,039,000 | 696,000 | 445,000 | 309,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 23,000 | 0 | 12,000 | 45,000 | 0 | 0 |
| Misc Debtors | 64,000 | 103,000 | 585,000 | 316,000 | 123,000 | 40,000 | 140,000 | 15,000 | 53,000 | 79,000 |
| Cash | 1,246,000 | 6,000 | 480,000 | 151,000 | 163,000 | 0 | 0 | 0 | 0 | 528,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,039,000 | 5,043,000 | 6,366,000 | 4,214,000 | 4,025,000 | 3,089,000 | 5,655,000 | 2,988,000 | 2,488,000 | 2,780,000 |
| total assets | 9,154,000 | 5,061,000 | 6,393,000 | 4,245,000 | 4,064,000 | 3,089,000 | 5,655,000 | 2,988,000 | 2,488,000 | 2,780,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,429,000 | 867,000 | 1,829,000 | 1,143,000 | 1,227,000 | 244,000 | 2,428,000 | 654,000 | 267,000 | 425,000 |
| Group/Directors Accounts | 60,000 | 107,000 | 110,000 | 83,000 | 4,047,000 | 2,736,000 | 3,005,000 | 2,812,000 | 1,025,000 | 2,264,000 |
| other short term finances | 0 | 215,000 | 0 | 0 | 0 | 1,084,000 | 1,068,000 | 0 | 0 | 0 |
| hp & lease commitments | 26,000 | 8,000 | 8,000 | 8,000 | 8,000 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 627,000 | 450,000 | 513,000 | 283,000 | 63,000 | 113,000 | 58,000 | 242,000 | 1,678,000 | 306,000 |
| total current liabilities | 2,142,000 | 1,647,000 | 2,460,000 | 1,517,000 | 5,345,000 | 4,177,000 | 6,559,000 | 3,708,000 | 2,970,000 | 2,995,000 |
| loans | 4,745,000 | 2,690,000 | 4,061,000 | 3,616,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 89,000 | 10,000 | 18,000 | 25,000 | 32,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,834,000 | 2,700,000 | 4,079,000 | 3,641,000 | 32,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,976,000 | 4,347,000 | 6,539,000 | 5,158,000 | 5,377,000 | 4,177,000 | 6,559,000 | 3,708,000 | 2,970,000 | 2,995,000 |
| net assets | 2,178,000 | 714,000 | -146,000 | -913,000 | -1,313,000 | -1,088,000 | -904,000 | -720,000 | -482,000 | -215,000 |
| total shareholders funds | 2,178,000 | 714,000 | -146,000 | -913,000 | -1,313,000 | -1,088,000 | -904,000 | -720,000 | -482,000 | -215,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,860,000 | 1,051,000 | 827,000 | 401,000 | -212,000 | -123,000 | -155,000 | -215,000 | -219,000 | -196,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -408,000 | -165,000 | -59,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 2,183,000 | -632,000 | 1,553,000 | -189,000 | 672,000 | -2,325,000 | 2,232,000 | 242,000 | 126,000 | 1,864,000 |
| Debtors | 573,000 | -217,000 | 270,000 | 390,000 | 101,000 | -241,000 | 435,000 | 258,000 | 110,000 | 388,000 |
| Creditors | 562,000 | -962,000 | 686,000 | -84,000 | 983,000 | -2,184,000 | 1,774,000 | 387,000 | -158,000 | 425,000 |
| Accruals and Deferred Income | 177,000 | -63,000 | 230,000 | 220,000 | -50,000 | 55,000 | -184,000 | -1,436,000 | 1,372,000 | 306,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -565,000 | 710,000 | -139,000 | 336,000 | -52,000 | 314,000 | -1,232,000 | -1,764,000 | 759,000 | -1,717,000 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | -47,000 | -3,000 | 27,000 | -3,964,000 | 1,311,000 | -269,000 | 193,000 | 1,787,000 | -1,239,000 | 2,264,000 |
| Other Short Term Loans | -215,000 | 215,000 | 0 | 0 | -1,084,000 | 16,000 | 1,068,000 | 0 | 0 | 0 |
| Long term loans | 2,055,000 | -1,371,000 | 445,000 | 3,616,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 97,000 | -8,000 | -7,000 | -7,000 | 40,000 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 12,000 | -27,000 | -1,000 | -1,000 | -13,000 | -61,000 | -29,000 | -23,000 | -48,000 | -19,000 |
| cash flow from financing | 1,902,000 | -1,193,000 | 464,000 | -356,000 | 254,000 | -314,000 | 1,232,000 | 1,764,000 | -1,287,000 | 2,245,000 |
| cash and cash equivalents | ||||||||||
| cash | 1,240,000 | -474,000 | 329,000 | -12,000 | 163,000 | 0 | 0 | 0 | -528,000 | 528,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,240,000 | -474,000 | 329,000 | -12,000 | 163,000 | 0 | 0 | 0 | -528,000 | 528,000 |
masterflow products limited Credit Report and Business Information
Masterflow Products Limited Competitor Analysis
Perform a competitor analysis for masterflow products limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in DY6 area or any other competitors across 12 key performance metrics.
masterflow products limited Ownership
MASTERFLOW PRODUCTS LIMITED group structure
Masterflow Products Limited has no subsidiary companies.
Ultimate parent company
IDEAL DRAGON INVESTMENT LTD
#0081247
2 parents
MASTERFLOW PRODUCTS LIMITED
08922262
masterflow products limited directors
Masterflow Products Limited currently has 3 directors. The longest serving directors include Dr Richard Darwin (Mar 2014) and Mr Andrew Mason (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Richard Darwin | 69 years | Mar 2014 | - | Director | |
| Mr Andrew Mason | United Kingdom | 59 years | Mar 2014 | - | Director |
| Mr Manouchehr Bakhtiari | England | 69 years | Mar 2014 | - | Director |
P&L
December 2023turnover
11m
+29%
operating profit
1.9m
+77%
gross margin
27.4%
+13.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.2m
+2.05%
total assets
9.2m
+0.81%
cash
1.2m
+206.67%
net assets
Total assets minus all liabilities
masterflow products limited company details
company number
08922262
Type
Private limited with Share Capital
industry
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
incorporation date
March 2014
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
building 95 second avenue, pensnett trading estate, kingswinford, DY6 7FT
Bank
-
Legal Advisor
-
masterflow products 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 6 charges/mortgages relating to masterflow products limited. Currently there are 6 open charges and 0 have been satisfied in the past.
masterflow products limited Companies House Filings - See Documents
| date | description | view/download |
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