Pomanda estimates the enterprise value of MJB TRUCK SERVICES LTD. at £238.9k based on a Turnover of £927.3k and 0.26x industry multiple (adjusted for size and gross margin).
mjb truck services ltd.Estimated Valuation
£215.4k
Pomanda estimates the enterprise value of MJB TRUCK SERVICES LTD. at £215.4k based on an EBITDA of £56k and a 3.84x industry multiple (adjusted for size and gross margin).
mjb truck services ltd.Estimated Valuation
£515.8k
Pomanda estimates the enterprise value of MJB TRUCK SERVICES LTD. at £515.8k based on Net Assets of £181.9k and 2.84x industry multiple (adjusted for liquidity).
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Mjb Truck Services Ltd.Overview
Mjb Truck Services Ltd. is a live company located in birmingham, B6 4AE with a Companies House number of 08987820. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in April 2014, it's largest shareholder is
jason bowser
with a 75% stake. Mjb Truck Services Ltd. is a established,
small sized company, Pomanda has estimated its turnover at
£927.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Mjb Truck Services Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £927.3k, make it larger than the average company (£349.6k)
£927.3k - Mjb Truck Services Ltd.
£349.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (12.3%)
-1% - Mjb Truck Services Ltd.
12.3% - Industry AVG
Production
with a gross margin of 36.4%, this company has a comparable cost of product (36.4%)
36.4% - Mjb Truck Services Ltd.
36.4% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (6.1%)
0.1% - Mjb Truck Services Ltd.
6.1% - Industry AVG
Employees
with 9 employees, this is above the industry average (6)
9 - Mjb Truck Services Ltd.
6 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
£29.6k - Mjb Truck Services Ltd.
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £103k, this is equally as efficient (£99.1k)
£103k - Mjb Truck Services Ltd.
£99.1k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (35 days)
57 days - Mjb Truck Services Ltd.
35 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (42 days)
64 days - Mjb Truck Services Ltd.
42 days - Industry AVG
Stock Days
it holds stock equivalent to 18 days, this is less than average (25 days)
18 days - Mjb Truck Services Ltd.
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (17 weeks)
2 weeks - Mjb Truck Services Ltd.
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.5%, this is a higher level of debt than the average (65.6%)
72.5% - Mjb Truck Services Ltd.
65.6% - Industry AVG
MJB TRUCK SERVICES LTD. financials
EXPORT
Mjb Truck Services Ltd.'s latest turnover from March 2024 is estimated at £927.3 thousand and the company has net assets of £181.9 thousand. According to their latest financial statements, Mjb Truck Services Ltd. has 9 employees and maintains cash reserves of £15.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Turnover
927,347
980,613
1,098,074
941,897
983,809
1,907,331
1,750,434
1,788,928
1,003,714
796,843
Other Income Or Grants
Cost Of Sales
589,941
638,757
728,163
617,137
621,518
1,203,988
1,066,080
1,064,300
595,872
477,468
Gross Profit
337,406
341,856
369,911
324,760
362,290
703,342
684,354
724,628
407,841
319,375
Admin Expenses
336,909
278,318
412,576
260,790
368,181
834,885
565,155
561,322
359,992
295,032
Operating Profit
497
63,538
-42,665
63,970
-5,891
-131,543
119,199
163,306
47,849
24,343
Interest Payable
10,010
8,607
7,395
6,032
2,214
Interest Receivable
1,251
1,141
656
85
9
27
101
47
Pre-Tax Profit
-8,262
56,073
-49,405
58,023
-8,096
-131,543
119,199
163,333
47,950
24,390
Tax
-10,654
-11,024
-22,648
-31,033
-9,590
-4,878
Profit After Tax
-8,262
45,419
-49,405
46,999
-8,096
-131,543
96,551
132,300
38,360
19,512
Dividends Paid
Retained Profit
-8,262
45,419
-49,405
46,999
-8,096
-131,543
96,551
132,300
38,360
19,512
Employee Costs
266,263
298,356
377,490
276,612
273,194
259,888
251,847
217,581
290,512
211,350
Number Of Employees
9
11
14
11
10
9
9
8
11
8
EBITDA*
56,018
111,859
27,189
148,215
-5,891
-131,543
119,199
163,306
75,767
40,508
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Tangible Assets
275,353
282,901
226,406
240,582
251,759
136,522
161,240
133,874
67,591
48,494
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
275,353
282,901
226,406
240,582
251,759
136,522
161,240
133,874
67,591
48,494
Stock & work in progress
30,000
30,000
30,000
30,000
30,000
30,000
30,000
Trade Debtors
144,941
149,231
184,028
152,096
156,121
303,474
310,789
258,785
109,815
73,050
Group Debtors
Misc Debtors
195,457
178,726
104,363
111,229
113,313
5,824
Cash
15,105
32,552
21,150
153,665
17,160
21,882
18,703
misc current assets
total current assets
385,503
390,509
339,541
446,990
316,594
309,298
310,789
258,785
161,697
121,753
total assets
660,856
673,410
565,947
687,572
568,353
445,820
472,029
392,659
229,288
170,247
Bank overdraft
103,956
74,003
93,933
125,185
72,577
Bank loan
Trade Creditors
104,647
133,455
83,410
80,318
80,948
257,096
147,539
170,655
142,022
137,983
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
130,837
111,153
109,124
127,825
94,201
total current liabilities
339,440
318,611
286,467
333,328
247,726
257,096
147,539
170,655
142,022
137,983
loans
hp & lease commitments
Accruals and Deferred Income
2,260
1,100
other liabilities
139,481
164,602
134,702
160,061
173,443
31,284
36,667
31,832
15,776
2,953
provisions
13,518
9,699
total long term liabilities
139,481
164,602
134,702
160,061
173,443
33,544
37,767
31,832
29,294
12,652
total liabilities
478,921
483,213
421,169
493,389
421,169
290,640
185,306
202,487
171,316
150,635
net assets
181,935
190,197
144,778
194,183
147,184
155,180
286,723
190,172
57,972
19,612
total shareholders funds
181,935
190,197
144,778
194,183
147,184
155,180
286,723
190,172
57,972
19,612
Mar 2024
Mar 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Operating Activities
Operating Profit
497
63,538
-42,665
63,970
-5,891
-131,543
119,199
163,306
47,849
24,343
Depreciation
55,521
48,321
69,854
84,245
27,918
16,165
Amortisation
Tax
-10,654
-11,024
-22,648
-31,033
-9,590
-4,878
Stock
30,000
-30,000
30,000
Debtors
12,441
39,566
25,066
-6,109
-39,864
-1,491
52,004
148,970
36,765
73,050
Creditors
-28,808
50,045
3,092
-630
-176,148
109,557
-23,116
28,633
4,039
137,983
Accruals and Deferred Income
19,684
2,029
-18,701
33,624
91,941
1,160
1,100
Deferred Taxes & Provisions
-13,518
3,819
9,699
Cash flow from operations
34,453
113,713
-13,486
176,294
-80,234
-19,335
22,531
28,418
37,270
80,262
Investing Activities
capital expenditure
-47,973
-104,816
-55,678
-73,068
-115,237
24,718
-27,366
-66,283
-47,015
-64,659
Change in Investments
cash flow from investments
-47,973
-104,816
-55,678
-73,068
-115,237
24,718
-27,366
-66,283
-47,015
-64,659
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-25,121
29,900
-25,359
-13,382
142,159
-5,383
4,835
16,056
12,823
2,953
share issue
100
-100
100
interest
-8,759
-7,466
-6,739
-5,947
-2,205
27
101
47
cash flow from financing
-33,880
22,434
-32,098
-19,329
140,054
-5,383
4,835
15,983
12,924
3,100
cash and cash equivalents
cash
-17,447
11,402
-132,515
136,505
17,160
-21,882
3,179
18,703
overdraft
29,953
-19,930
-31,252
52,608
72,577
change in cash
-47,400
31,332
-101,263
83,897
-55,417
-21,882
3,179
18,703
mjb truck services ltd. Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mjb truck services ltd.. Get real-time insights into mjb truck services ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for mjb truck services ltd. by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B 6 area or any other competitors across 12 key performance metrics.
mjb truck services ltd. Ownership
MJB TRUCK SERVICES LTD. group structure
Mjb Truck Services Ltd. has no subsidiary companies.
Ultimate parent company
MJB TRUCK SERVICES LTD.
08987820
MJB TRUCK SERVICES LTD. Shareholders
The largest shareholders in Mjb Truck Services Ltd. include Jason Bowser and Maxine Bowser.
jason bowser
75%
maxine bowser
25%
mjb truck services ltd. directors
Mjb Truck Services Ltd. currently has 2 directors.
The longest serving directors include
Mr Jason Bowser (Apr 2014) and
Mr Matthew Bowser (Apr 2019).
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 mjb truck services ltd..
mjb truck services ltd. 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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mjb truck services ltd.Companies House Filings - See Documents
