myer adams (uk) ltd
myer adams (uk) ltd Company Information
Company Number
09015865
Next Accounts
Jan 2025
Industry
Manufacture of mattresses
Directors
Shareholders
tafazal hussain
Group Structure
View All
Contact
Registered Address
branch house 31 branch road, batley, WF17 5SB
Website
www.myeradams.commyer adams (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MYER ADAMS (UK) LTD at £1.1m based on a Turnover of £3.5m and 0.32x industry multiple (adjusted for size and gross margin).
myer adams (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MYER ADAMS (UK) LTD at £66.9k based on an EBITDA of £18.8k and a 3.56x industry multiple (adjusted for size and gross margin).
myer adams (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MYER ADAMS (UK) LTD at £274.4k based on Net Assets of £138.6k and 1.98x industry multiple (adjusted for liquidity).
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Myer Adams (uk) Ltd Overview
Myer Adams (uk) Ltd is a live company located in batley, WF17 5SB with a Companies House number of 09015865. It operates in the manufacture of mattresses sector, SIC Code 31030. Founded in April 2014, it's largest shareholder is tafazal hussain with a 100% stake. Myer Adams (uk) Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.5m with low growth in recent years.
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Myer Adams (uk) Ltd Health Check
Pomanda's financial health check has awarded Myer Adams (Uk) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £3.5m, make it smaller than the average company (£14m)
- Myer Adams (uk) Ltd
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.9%)
- Myer Adams (uk) Ltd
2.9% - Industry AVG
Production
with a gross margin of 36.8%, this company has a comparable cost of product (36.8%)
- Myer Adams (uk) Ltd
36.8% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (3.8%)
- Myer Adams (uk) Ltd
3.8% - Industry AVG
Employees
with 20 employees, this is below the industry average (138)
20 - Myer Adams (uk) Ltd
138 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
- Myer Adams (uk) Ltd
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £176.9k, this is more efficient (£118.3k)
- Myer Adams (uk) Ltd
£118.3k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (34 days)
- Myer Adams (uk) Ltd
34 days - Industry AVG
Creditor Days
its suppliers are paid after 182 days, this is slower than average (47 days)
- Myer Adams (uk) Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 174 days, this is more than average (41 days)
- Myer Adams (uk) Ltd
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (19 weeks)
1 weeks - Myer Adams (uk) Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.9%, this is a higher level of debt than the average (57.8%)
89.9% - Myer Adams (uk) Ltd
57.8% - Industry AVG
MYER ADAMS (UK) LTD financials
Myer Adams (Uk) Ltd's latest turnover from April 2023 is estimated at £3.5 million and the company has net assets of £138.6 thousand. According to their latest financial statements, Myer Adams (Uk) Ltd has 20 employees and maintains cash reserves of £39 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 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 | 20 | 9 | 9 | 9 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 41,759 | 30,048 | 37,798 | 47,567 | 59,882 | 8,144 | 10,822 | 14,427 | 19,206 |
| Intangible Assets | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| 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 | 41,760 | 30,049 | 37,799 | 47,567 | 59,882 | 8,144 | 10,822 | 14,428 | 19,207 |
| Stock & work in progress | 1,070,312 | 774,478 | 676,374 | 0 | 0 | 0 | 0 | 174,638 | 117,857 |
| Trade Debtors | 224,426 | 114,193 | 77,258 | 614,932 | 605,090 | 428,308 | 424,810 | 243,737 | 79,159 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 39,022 | 18,883 | 39,096 | 0 | 0 | 0 | 0 | 55,365 | 35,379 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,333,760 | 907,554 | 792,728 | 614,932 | 605,090 | 428,308 | 424,810 | 473,740 | 232,395 |
| total assets | 1,375,520 | 937,603 | 830,527 | 662,499 | 664,972 | 436,452 | 435,632 | 488,168 | 251,602 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,119,612 | 684,008 | 582,658 | 563,777 | 576,413 | 366,238 | 380,210 | 421,010 | 228,052 |
| Group/Directors Accounts | 57,233 | 57,233 | 57,233 | 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 | 36,052 | 27,593 | 36,868 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,212,897 | 768,834 | 676,759 | 563,777 | 576,413 | 366,238 | 380,210 | 421,010 | 228,052 |
| loans | 24,041 | 34,976 | 45,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,041 | 34,976 | 45,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,236,938 | 803,810 | 721,759 | 563,777 | 576,413 | 366,238 | 380,210 | 421,010 | 228,052 |
| net assets | 138,582 | 133,793 | 108,768 | 98,722 | 88,559 | 70,214 | 55,422 | 67,158 | 23,550 |
| total shareholders funds | 138,582 | 133,793 | 108,768 | 98,722 | 88,559 | 70,214 | 55,422 | 67,158 | 23,550 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 10,619 | 7,750 | 9,767 | 4,779 | 6,250 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||
| Stock | 295,834 | 98,104 | 676,374 | 0 | 0 | 0 | -174,638 | 56,781 | 117,857 |
| Debtors | 110,233 | 36,935 | -537,674 | 9,842 | 176,782 | 3,498 | 181,073 | 164,578 | 79,159 |
| Creditors | 435,604 | 101,350 | 18,881 | -12,636 | 210,175 | -13,972 | -40,800 | 192,958 | 228,052 |
| Accruals and Deferred Income | 8,459 | -9,275 | 36,868 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 57,233 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,935 | -10,024 | 45,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 20,139 | -20,213 | 39,096 | 0 | 0 | 0 | -55,365 | 19,986 | 35,379 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 20,139 | -20,213 | 39,096 | 0 | 0 | 0 | -55,365 | 19,986 | 35,379 |
myer adams (uk) ltd Credit Report and Business Information
Myer Adams (uk) Ltd Competitor Analysis
Perform a competitor analysis for myer adams (uk) ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WF17 area or any other competitors across 12 key performance metrics.
myer adams (uk) ltd Ownership
MYER ADAMS (UK) LTD group structure
Myer Adams (Uk) Ltd has no subsidiary companies.
Ultimate parent company
MYER ADAMS (UK) LTD
09015865
myer adams (uk) ltd directors
Myer Adams (Uk) Ltd currently has 1 director, Mr Tafazal Hussain serving since Nov 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tafazal Hussain | United Kingdom | 48 years | Nov 2021 | - | Director |
P&L
April 2023turnover
3.5m
+57%
operating profit
8.2k
0%
gross margin
36.8%
+12.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
138.6k
+0.04%
total assets
1.4m
+0.47%
cash
39k
+1.07%
net assets
Total assets minus all liabilities
myer adams (uk) ltd company details
company number
09015865
Type
Private limited with Share Capital
industry
31030 - Manufacture of mattresses
incorporation date
April 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
branch house 31 branch road, batley, WF17 5SB
Bank
-
Legal Advisor
-
myer adams (uk) ltd 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 myer adams (uk) ltd.
myer adams (uk) ltd Companies House Filings - See Documents
| date | description | view/download |
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