Pomanda estimates the enterprise value of MAKIN DEVELOPMENTS WAKEFIELD LTD at £10.6m based on a Turnover of £15.9m and 0.66x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MAKIN DEVELOPMENTS WAKEFIELD LTD at £0 based on an EBITDA of £-60.3k and a 4.39x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MAKIN DEVELOPMENTS WAKEFIELD LTD at £7m based on Net Assets of £5m and 1.41x industry multiple (adjusted for liquidity).
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Makin Developments Wakefield LtdOverview
Makin Developments Wakefield Ltd is a live company located in leeds, LS25 4DZ with a Companies House number of 09357391. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in December 2014, it's largest shareholder is
christopher william makin
with a 60% stake. Makin Developments Wakefield Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£15.9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Makin Developments Wakefield Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £15.9m, make it larger than the average company (£5.3m)
£15.9m - Makin Developments Wakefield Ltd
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 108%, show it is growing at a faster rate (7.6%)
108% - Makin Developments Wakefield Ltd
7.6% - Industry AVG
Production
with a gross margin of 32.1%, this company has a comparable cost of product (32.1%)
32.1% - Makin Developments Wakefield Ltd
32.1% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (8.9%)
-0.4% - Makin Developments Wakefield Ltd
8.9% - Industry AVG
Employees
with 89 employees, this is above the industry average (32)
89 - Makin Developments Wakefield Ltd
32 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
£37.1k - Makin Developments Wakefield Ltd
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £179k, this is equally as efficient (£179.5k)
£179k - Makin Developments Wakefield Ltd
£179.5k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (37 days)
104 days - Makin Developments Wakefield Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (39 days)
0 days - Makin Developments Wakefield Ltd
39 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (94 days)
11 days - Makin Developments Wakefield Ltd
94 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 459 weeks, this is more cash available to meet short term requirements (15 weeks)
459 weeks - Makin Developments Wakefield Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (46.7%)
0.1% - Makin Developments Wakefield Ltd
46.7% - Industry AVG
MAKIN DEVELOPMENTS WAKEFIELD LTD financials
EXPORT
Makin Developments Wakefield Ltd's latest turnover from March 2024 is estimated at £15.9 million and the company has net assets of £5 million. According to their latest financial statements, we estimate that Makin Developments Wakefield Ltd has 89 employees and maintains cash reserves of £63.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Aug 2023
Aug 2022
Feb 2021
Jul 2020
Jul 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Turnover
15,935,188
17,126,584
15,848,497
1,765,708
1,449,498
2,218,632
2,329,116
3,234,848
3,759,343
29,059
Other Income Or Grants
Cost Of Sales
10,814,761
11,853,821
11,092,527
1,290,063
1,062,412
1,565,630
1,658,010
2,251,149
2,653,446
18,973
Gross Profit
5,120,427
5,272,763
4,755,970
475,646
387,086
653,001
671,106
983,699
1,105,897
10,086
Admin Expenses
5,181,772
5,483,431
2,354,343
672,942
-2,288,099
655,471
205,522
1,062,029
-66,137
-12,535
Operating Profit
-61,345
-210,668
2,401,627
-197,296
2,675,185
-2,470
465,584
-78,330
1,172,034
22,621
Interest Payable
Interest Receivable
7,308
38,891
23,655
1,298
583
56
146
222
99
Pre-Tax Profit
-54,037
-171,777
2,425,281
-195,998
2,675,768
-2,414
465,730
-78,108
1,172,133
22,621
Tax
-460,803
-508,396
-88,489
-234,426
-4,587
Profit After Tax
-54,037
-171,777
1,964,478
-195,998
2,167,372
-2,414
377,241
-78,108
937,706
18,034
Dividends Paid
Retained Profit
-54,037
-171,777
1,964,478
-195,998
2,167,372
-2,414
377,241
-78,108
937,706
18,034
Employee Costs
3,298,115
3,546,279
3,451,975
445,653
357,267
61,292
57,730
54,804
54,318
Number Of Employees
89
101
107
14
12
2
2
2
2
2
EBITDA*
-60,272
-208,829
2,403,249
-197,296
2,675,185
-2,470
465,584
-78,330
1,172,034
22,621
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Aug 2023
Aug 2022
Feb 2021
Jul 2020
Jul 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Tangible Assets
6,282
7,355
9,194
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,282
7,355
9,194
Stock & work in progress
340,147
337,888
364,371
1,120,884
1,120,884
2,704,131
2,694,073
5,233,504
6,826,604
10,499,876
Trade Debtors
4,560,679
4,563,903
3,970,471
16,256
25,574
8,469
Group Debtors
510,000
510,000
330,000
Misc Debtors
2,772,683
3,057,286
255
375,473
349,527
307,923
Cash
63,590
214,803
1,266,766
1,436,607
1,158,607
8,134
6,693
32,173
56,569
22,616
misc current assets
total current assets
4,964,416
5,116,594
5,601,608
5,840,174
5,846,777
3,042,520
3,076,239
5,631,460
7,216,670
10,530,961
total assets
4,970,698
5,123,949
5,610,802
5,840,174
5,846,777
3,042,520
3,076,239
5,631,460
7,216,670
10,530,961
Bank overdraft
Bank loan
Trade Creditors
7,201
106,415
421,491
90,194
19,069
5,153
6,293
7,030
14,284
11,538
Group/Directors Accounts
1,719,276
6,008,976
10,494,000
other short term finances
hp & lease commitments
other current liabilities
2,525,147
2,406,877
1,783,908
94,797
4,745,798
236,670
6,389
total current liabilities
7,201
106,415
421,491
2,615,341
2,425,946
1,789,061
1,820,366
4,752,828
6,259,930
10,511,927
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
7,201
106,415
421,491
2,615,341
2,425,946
1,789,061
1,820,366
4,752,828
6,259,930
10,511,927
net assets
4,963,497
5,017,534
5,189,311
3,224,833
3,420,831
1,253,459
1,255,873
878,632
956,740
19,034
total shareholders funds
4,963,497
5,017,534
5,189,311
3,224,833
3,420,831
1,253,459
1,255,873
878,632
956,740
19,034
Mar 2024
Aug 2023
Aug 2022
Feb 2021
Jul 2020
Jul 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
-61,345
-210,668
2,401,627
-197,296
2,675,185
-2,470
465,584
-78,330
1,172,034
22,621
Depreciation
1,073
1,839
1,622
Amortisation
Tax
-460,803
-508,396
-88,489
-234,426
-4,587
Stock
2,259
-26,483
-756,513
-1,583,247
10,058
-2,539,431
-1,593,100
-3,673,272
10,499,876
Debtors
-3,224
593,432
687,788
-284,603
3,237,031
-45,218
9,690
32,286
325,028
8,469
Creditors
-99,214
-315,076
331,297
71,125
13,916
-1,140
-737
-7,254
2,746
11,538
Accruals and Deferred Income
-2,525,147
118,270
622,969
1,689,111
-4,651,001
4,509,128
230,281
6,389
Deferred Taxes & Provisions
Cash flow from operations
-158,521
-1,090,854
-182,679
276,702
1,149,890
1,720,661
-1,744,902
5,984,358
4,518,879
-10,472,384
Investing Activities
capital expenditure
-10,816
Change in Investments
cash flow from investments
-10,816
Financing Activities
Bank loans
Group/Directors Accounts
-1,719,276
1,719,276
-6,008,976
-4,485,024
10,494,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000
interest
7,308
38,891
23,655
1,298
583
56
146
222
99
cash flow from financing
7,308
38,891
23,655
1,298
583
-1,719,220
1,719,422
-6,008,754
-4,484,925
10,495,000
cash and cash equivalents
cash
-151,213
-1,051,963
-169,841
278,000
1,150,473
1,441
-25,480
-24,396
33,953
22,616
overdraft
change in cash
-151,213
-1,051,963
-169,841
278,000
1,150,473
1,441
-25,480
-24,396
33,953
22,616
makin developments wakefield 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 makin developments wakefield ltd. Get real-time insights into makin developments wakefield ltd's credit score, group structure and payment trends.
Perform a competitor analysis for makin developments wakefield ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in LS25 area or any other competitors across 12 key performance metrics.
makin developments wakefield ltd Ownership
MAKIN DEVELOPMENTS WAKEFIELD LTD group structure
Makin Developments Wakefield Ltd has no subsidiary companies.
Ultimate parent company
MAKIN DEVELOPMENTS WAKEFIELD LTD
09357391
MAKIN DEVELOPMENTS WAKEFIELD LTD Shareholders
The largest shareholders in Makin Developments Wakefield Ltd include Christopher William Makin and Jane Patricia Makin.
christopher william makin
60%
jane patricia makin
40%
makin developments wakefield ltd directors
Makin Developments Wakefield Ltd currently has 2 directors.
The longest serving directors include
Mrs Jane Makin (Dec 2014) and
Mr Christopher Makin (Dec 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 makin developments wakefield ltd.
makin developments wakefield 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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makin developments wakefield ltdCompanies House Filings - See Documents
