Pomanda estimates the enterprise value of MIDLAND MACHINING SERVICES LIMITED at £115.3k based on a Turnover of £353.7k and 0.33x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MIDLAND MACHINING SERVICES LIMITED at £19.9k based on an EBITDA of £7.2k and a 2.75x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MIDLAND MACHINING SERVICES LIMITED at £284.7k based on Net Assets of £125.5k and 2.27x industry multiple (adjusted for liquidity).
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Midland Machining Services LimitedOverview
Midland Machining Services Limited is a live company located in stoke prior, B60 4AD with a Companies House number of 09017792. It operates in the repair of machinery sector, SIC Code 33120. Founded in April 2014, it's largest shareholder is
tim guy
with a 75% stake. Midland Machining Services Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£353.7k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Midland Machining Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £353.7k, make it smaller than the average company (£9.1m)
£353.7k - Midland Machining Services Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.7%)
14% - Midland Machining Services Limited
8.7% - Industry AVG
Production
with a gross margin of 16.1%, this company has a higher cost of product (27.2%)
16.1% - Midland Machining Services Limited
27.2% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (5.2%)
2.1% - Midland Machining Services Limited
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
1 - Midland Machining Services Limited
33 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
£46.3k - Midland Machining Services Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £353.7k, this is more efficient (£212.7k)
£353.7k - Midland Machining Services Limited
£212.7k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (48 days)
128 days - Midland Machining Services Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (43 days)
43 days - Midland Machining Services Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Midland Machining Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Midland Machining Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.7%, this is a lower level of debt than the average (60.3%)
22.7% - Midland Machining Services Limited
60.3% - Industry AVG
MIDLAND MACHINING SERVICES LIMITED financials
EXPORT
Midland Machining Services Limited's latest turnover from June 2024 is estimated at £353.7 thousand and the company has net assets of £125.5 thousand. According to their latest financial statements, we estimate that Midland Machining Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Turnover
353,738
312,529
303,149
237,513
371,528
290,043
258,928
316,519
141,868
208,733
Other Income Or Grants
Cost Of Sales
296,948
259,018
255,821
194,840
308,020
231,646
207,293
254,367
108,769
170,338
Gross Profit
56,790
53,511
47,328
42,673
63,508
58,397
51,636
62,152
33,098
38,395
Admin Expenses
49,554
49,811
50,283
70,005
27,689
61,998
-1,205
64,931
28,155
-58,947
Operating Profit
7,236
3,700
-2,955
-27,332
35,819
-3,601
52,841
-2,779
4,943
97,342
Interest Payable
Interest Receivable
56
231
119
Pre-Tax Profit
7,236
3,700
-2,955
-27,332
35,819
-3,601
52,841
-2,723
5,174
97,461
Tax
-1,809
-925
-6,806
-10,040
-1,035
-19,492
Profit After Tax
5,427
2,775
-2,955
-27,332
29,013
-3,601
42,801
-2,723
4,139
77,969
Dividends Paid
Retained Profit
5,427
2,775
-2,955
-27,332
29,013
-3,601
42,801
-2,723
4,139
77,969
Employee Costs
46,303
43,684
42,531
37,729
84,172
42,422
41,419
74,817
35,183
37,167
Number Of Employees
1
1
1
1
2
1
1
2
1
1
EBITDA*
7,236
3,700
-2,955
-27,332
35,819
-3,601
52,841
-2,779
18,942
113,812
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Tangible Assets
37,615
44,253
44,253
52,063
61,251
71,229
91,403
74,654
79,328
93,327
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
37,615
44,253
44,253
52,063
61,251
71,229
91,403
74,654
79,328
93,327
Stock & work in progress
Trade Debtors
124,708
109,409
100,235
89,780
130,955
101,526
80,778
90,668
26,783
36,677
Group Debtors
Misc Debtors
Cash
44,608
47,628
misc current assets
total current assets
124,708
109,409
100,235
89,780
130,955
101,526
80,778
90,668
71,391
84,305
total assets
162,323
153,662
144,488
141,843
192,206
172,755
172,181
165,322
150,719
177,632
Bank overdraft
Bank loan
Trade Creditors
35,010
31,876
25,527
19,927
43,108
52,720
48,545
84,687
68,610
99,662
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
35,010
31,876
25,527
19,927
43,108
52,720
48,545
84,687
68,610
99,662
loans
hp & lease commitments
Accruals and Deferred Income
1,800
1,700
1,650
1,650
1,500
1,450
1,450
1,250
other liabilities
provisions
total long term liabilities
1,800
1,700
1,650
1,650
1,500
1,450
1,450
1,250
total liabilities
36,810
33,576
27,177
21,577
44,608
54,170
49,995
85,937
68,610
99,662
net assets
125,513
120,086
117,311
120,266
147,598
118,585
122,186
79,385
82,109
77,970
total shareholders funds
125,513
120,086
117,311
120,266
147,598
118,585
122,186
79,385
82,109
77,970
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Operating Activities
Operating Profit
7,236
3,700
-2,955
-27,332
35,819
-3,601
52,841
-2,779
4,943
97,342
Depreciation
13,999
16,470
Amortisation
Tax
-1,809
-925
-6,806
-10,040
-1,035
-19,492
Stock
Debtors
15,299
9,174
10,455
-41,175
29,429
20,748
-9,890
63,885
-9,894
36,677
Creditors
3,134
6,349
5,600
-23,181
-9,612
4,175
-36,142
16,077
-31,052
99,662
Accruals and Deferred Income
100
50
150
50
200
1,250
Deferred Taxes & Provisions
Cash flow from operations
-6,638
-7,810
-9,188
-9,978
-20,174
16,749
-49,337
-3,251
157,305
Investing Activities
capital expenditure
6,638
7,810
9,188
9,978
20,174
-16,749
4,674
-109,797
Change in Investments
cash flow from investments
6,638
7,810
9,188
9,978
20,174
-16,749
4,674
-109,797
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
56
231
119
cash flow from financing
55
231
120
cash and cash equivalents
cash
-44,608
-3,020
47,628
overdraft
change in cash
-44,608
-3,020
47,628
midland machining services limited 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 midland machining services limited. Get real-time insights into midland machining services limited's credit score, group structure and payment trends.
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midland machining services limited Ownership
MIDLAND MACHINING SERVICES LIMITED group structure
Midland Machining Services Limited has no subsidiary companies.
Ultimate parent company
MIDLAND MACHINING SERVICES LIMITED
09017792
MIDLAND MACHINING SERVICES LIMITED Shareholders
The largest shareholders in Midland Machining Services Limited include Tim Guy and Stephanie Guy.
tim guy
75%
stephanie guy
25%
midland machining services limited directors
Midland Machining Services Limited currently has 1 director, Mr Timothy Guy serving since Jun 2014.
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 midland machining services limited.
midland machining services limited Capital Raised & Share Issues BETA
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midland machining services limitedCompanies House Filings - See Documents
