merino industries ltd
merino industries ltd Company Information
Company Number
09392139
Next Accounts
Sep 2025
Industry
Activities of head offices
Directors
Shareholders
mark edward colley
clearsight turnaround fund iii (sca) sicav-sif
View AllGroup Structure
View All
Contact
Registered Address
milestone house millbrook, guildford, GU1 3YA
Website
merinolaminates.commerino industries ltd Estimated Valuation
Pomanda estimates the enterprise value of MERINO INDUSTRIES LTD at £324.1k based on a Turnover of £621.9k and 0.52x industry multiple (adjusted for size and gross margin).
merino industries ltd Estimated Valuation
Pomanda estimates the enterprise value of MERINO INDUSTRIES LTD at £0 based on an EBITDA of £-311.1k and a 3.94x industry multiple (adjusted for size and gross margin).
merino industries ltd Estimated Valuation
Pomanda estimates the enterprise value of MERINO INDUSTRIES LTD at £8.2m based on Net Assets of £4.1m and 1.99x industry multiple (adjusted for liquidity).
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Merino Industries Ltd Overview
Merino Industries Ltd is a live company located in guildford, GU1 3YA with a Companies House number of 09392139. It operates in the activities of head offices sector, SIC Code 70100. Founded in January 2015, it's largest shareholder is mark edward colley with a 82.8% stake. Merino Industries Ltd is a young, small sized company, Pomanda has estimated its turnover at £621.9k with high growth in recent years.
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Merino Industries Ltd Health Check
Pomanda's financial health check has awarded Merino Industries Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £621.9k, make it smaller than the average company (£20.6m)
- Merino Industries Ltd
£20.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (7.4%)
- Merino Industries Ltd
7.4% - Industry AVG
Production
with a gross margin of 33.6%, this company has a comparable cost of product (33.6%)
- Merino Industries Ltd
33.6% - Industry AVG
Profitability
an operating margin of -50% make it less profitable than the average company (5.9%)
- Merino Industries Ltd
5.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (111)
3 - Merino Industries Ltd
111 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)
- Merino Industries Ltd
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £207.3k, this is equally as efficient (£207.3k)
- Merino Industries Ltd
£207.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Merino Industries Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Merino Industries Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merino Industries Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Merino Industries Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.5%, this is a higher level of debt than the average (55.3%)
63.5% - Merino Industries Ltd
55.3% - Industry AVG
MERINO INDUSTRIES LTD financials
Merino Industries Ltd's latest turnover from December 2023 is estimated at £621.9 thousand and the company has net assets of £4.1 million. According to their latest financial statements, Merino Industries Ltd has 3 employees and maintains cash reserves of £55 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 2 | |
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 9,767,352 | 17,489,452 | 18,989,352 | 10,678,724 | 5,598,541 | 7,701,102 | 4,755,101 | 1,800,081 | 3,600,001 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,767,352 | 17,489,452 | 18,989,352 | 10,678,724 | 5,598,541 | 7,701,102 | 4,755,101 | 1,800,081 | 3,600,001 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 1,440,000 | 1,655,440 | 1,451,598 | 1,557,110 | 936,377 | 630,902 | 336,158 | 97,475 | 150,000 |
| Misc Debtors | 18,339 | 16,133 | 21,348 | 15,661 | 40,689 | 37,195 | 32,043 | 3,728 | 4,691 |
| Cash | 54,984 | 101,527 | 80,830 | 36,987 | 2,776,095 | 2,759,490 | 2,410,809 | 2,570,244 | 85,269 |
| misc current assets | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,513,324 | 1,773,101 | 1,553,776 | 1,609,758 | 3,753,161 | 3,427,587 | 2,779,010 | 2,671,447 | 239,960 |
| total assets | 11,280,676 | 19,262,553 | 20,543,128 | 12,288,482 | 9,351,702 | 11,128,689 | 7,534,111 | 4,471,528 | 3,839,961 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 712,445 | 712,000 | 470,000 | 433,000 | 330,100 | 400,100 | 240,099 | 141 | 1 |
| 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 | 23,384 | 92,651 | 68,913 | 43,188 | 51,988 | 95,470 | 112,571 | 17,354 | 21,659 |
| total current liabilities | 735,829 | 804,651 | 538,913 | 476,189 | 382,088 | 495,570 | 352,670 | 17,495 | 21,660 |
| loans | 0 | 0 | 0 | 0 | 8,344,575 | 7,284,075 | 5,969,075 | 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 | 6,431,992 | 7,287,992 | 7,662,992 | 8,544,492 | 0 | 0 | 0 | 3,495,592 | 3,623,525 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,431,992 | 7,287,992 | 7,662,992 | 8,544,492 | 8,344,575 | 7,284,075 | 5,969,075 | 3,495,592 | 3,623,525 |
| total liabilities | 7,167,821 | 8,092,643 | 8,201,905 | 9,020,681 | 8,726,663 | 7,779,645 | 6,321,745 | 3,513,087 | 3,645,185 |
| net assets | 4,112,855 | 11,169,910 | 12,341,223 | 3,267,801 | 625,039 | 3,349,044 | 1,212,366 | 958,441 | 194,776 |
| total shareholders funds | 4,112,855 | 11,169,910 | 12,341,223 | 3,267,801 | 625,039 | 3,349,044 | 1,212,366 | 958,441 | 194,776 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -213,234 | 198,627 | -99,825 | 595,705 | 308,969 | 299,896 | 266,998 | -53,488 | 154,691 |
| Creditors | 0 | 0 | -1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -69,267 | 23,738 | 25,725 | -8,800 | -43,482 | -17,101 | 95,217 | -4,305 | 21,659 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -7,722,100 | -1,499,900 | 8,310,628 | 5,080,183 | -2,102,561 | 2,946,001 | 2,955,020 | -1,799,920 | 3,600,001 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 445 | 242,000 | 37,000 | 102,900 | -70,000 | 160,001 | 239,958 | 140 | 1 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -8,344,575 | 1,060,500 | 1,315,000 | 5,969,075 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -856,000 | -375,000 | -881,500 | 8,544,492 | 0 | 0 | -3,495,592 | -127,933 | 3,623,525 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -46,543 | 20,697 | 43,843 | -2,739,108 | 16,605 | 348,681 | -159,435 | 2,484,975 | 85,269 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -46,543 | 20,697 | 43,843 | -2,739,108 | 16,605 | 348,681 | -159,435 | 2,484,975 | 85,269 |
merino industries ltd Credit Report and Business Information
Merino Industries Ltd Competitor Analysis
Perform a competitor analysis for merino industries ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in GU1 area or any other competitors across 12 key performance metrics.
merino industries ltd Ownership
MERINO INDUSTRIES LTD group structure
Merino Industries Ltd has 7 subsidiary companies.
Ultimate parent company
MERINO INDUSTRIES LTD
09392139
7 subsidiaries
merino industries ltd directors
Merino Industries Ltd currently has 1 director, Mr Mark Colley serving since Jan 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Colley | 40 years | Jan 2015 | - | Director |
P&L
December 2023turnover
621.9k
+6%
operating profit
-311.1k
0%
gross margin
33.6%
+0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.1m
-0.63%
total assets
11.3m
-0.41%
cash
55k
-0.46%
net assets
Total assets minus all liabilities
merino industries ltd company details
company number
09392139
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
January 2015
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
BRISTOW BURRELL
auditor
-
address
milestone house millbrook, guildford, GU1 3YA
Bank
-
Legal Advisor
-
merino industries 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 merino industries ltd.
merino industries 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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merino industries ltd Companies House Filings - See Documents
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