cityserve mechanical limited
cityserve mechanical limited Company Information
Company Number
09393046
Next Accounts
Dec 2025
Shareholders
cityserve holdings limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
the oakley kidderminster road, droitwich, worcestershire, WR9 9AY
Website
cityserve-mech.co.ukcityserve mechanical limited Estimated Valuation
Pomanda estimates the enterprise value of CITYSERVE MECHANICAL LIMITED at £11.8m based on a Turnover of £15.6m and 0.75x industry multiple (adjusted for size and gross margin).
cityserve mechanical limited Estimated Valuation
Pomanda estimates the enterprise value of CITYSERVE MECHANICAL LIMITED at £55.4k based on an EBITDA of £10.1k and a 5.51x industry multiple (adjusted for size and gross margin).
cityserve mechanical limited Estimated Valuation
Pomanda estimates the enterprise value of CITYSERVE MECHANICAL LIMITED at £2.3m based on Net Assets of £1.1m and 2.13x industry multiple (adjusted for liquidity).
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Cityserve Mechanical Limited Overview
Cityserve Mechanical Limited is a live company located in worcestershire, WR9 9AY with a Companies House number of 09393046. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2015, it's largest shareholder is cityserve holdings limited with a 100% stake. Cityserve Mechanical Limited is a established, mid sized company, Pomanda has estimated its turnover at £15.6m with rapid growth in recent years.
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Cityserve Mechanical Limited Health Check
Pomanda's financial health check has awarded Cityserve Mechanical Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £15.6m, make it larger than the average company (£3.7m)
- Cityserve Mechanical Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (8.3%)
- Cityserve Mechanical Limited
8.3% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Cityserve Mechanical Limited
38.1% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (5.7%)
- Cityserve Mechanical Limited
5.7% - Industry AVG
Employees
with 20 employees, this is similar to the industry average (22)
20 - Cityserve Mechanical Limited
22 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- Cityserve Mechanical Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £780.7k, this is more efficient (£146k)
- Cityserve Mechanical Limited
£146k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (36 days)
- Cityserve Mechanical Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (33 days)
- Cityserve Mechanical Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (29 days)
- Cityserve Mechanical Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (26 weeks)
1 weeks - Cityserve Mechanical Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.4%, this is a higher level of debt than the average (58.7%)
74.4% - Cityserve Mechanical Limited
58.7% - Industry AVG
CITYSERVE MECHANICAL LIMITED financials
Cityserve Mechanical Limited's latest turnover from March 2024 is estimated at £15.6 million and the company has net assets of £1.1 million. According to their latest financial statements, Cityserve Mechanical Limited has 20 employees and maintains cash reserves of £80.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 26 | 20 | 15 | 16 | 18 | 17 | 16 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 331,571 | 329,885 | 358,665 | 184,553 | 178,108 | 140,154 | 77,152 | 44,416 | |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 331,571 | 329,885 | 358,665 | 184,553 | 178,108 | 140,154 | 77,152 | 44,416 | |
| Stock & work in progress | 174,009 | 164,097 | 223,926 | ||||||
| Trade Debtors | 2,852,752 | 3,410,741 | 1,981,091 | 840,831 | 1,572,556 | 1,176,857 | 1,313,507 | 1,792,808 | |
| Group Debtors | 94,266 | 70,200 | 75,000 | ||||||
| Misc Debtors | 610,115 | 838,514 | 906,040 | 58,792 | 175,772 | 322,111 | 472,447 | 101,568 | |
| Cash | 80,355 | 318,827 | 591,506 | 663,725 | 881,579 | 276,777 | 13,125 | 99,775 | 190 |
| misc current assets | |||||||||
| total current assets | 3,811,497 | 4,638,282 | 3,717,734 | 1,787,274 | 2,629,907 | 1,775,745 | 1,799,079 | 1,994,151 | 190 |
| total assets | 4,143,068 | 4,968,167 | 4,076,399 | 1,971,827 | 2,808,015 | 1,915,899 | 1,876,231 | 2,038,567 | 190 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 2,266,334 | 3,309,355 | 2,019,316 | 697,130 | 1,480,283 | 1,041,997 | 925,231 | 1,035,321 | |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | 54,658 | 67,175 | 52,308 | 37,490 | |||||
| other current liabilities | 707,686 | 347,828 | 707,226 | 507,949 | 542,630 | 389,023 | 573,790 | 808,797 | |
| total current liabilities | 2,974,020 | 3,657,183 | 2,726,542 | 1,259,737 | 2,090,088 | 1,483,328 | 1,536,511 | 1,844,118 | |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 79,728 | 127,409 | 201,061 | 56,085 | 51,109 | 57,455 | 25,467 | 20,820 | |
| provisions | 27,424 | 38,531 | 2,039 | 4,923 | 9,266 | 7,828 | 202 | 2,772 | |
| total long term liabilities | 107,152 | 165,940 | 203,100 | 61,008 | 60,375 | 65,283 | 25,669 | 23,592 | |
| total liabilities | 3,081,172 | 3,823,123 | 2,929,642 | 1,320,745 | 2,150,463 | 1,548,611 | 1,562,180 | 1,867,710 | |
| net assets | 1,061,896 | 1,145,044 | 1,146,757 | 651,082 | 657,552 | 367,288 | 314,051 | 170,857 | 190 |
| total shareholders funds | 1,061,896 | 1,145,044 | 1,146,757 | 651,082 | 657,552 | 367,288 | 314,051 | 170,857 | 190 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 103,687 | 111,194 | 72,280 | 45,847 | 39,801 | 48,322 | 25,718 | 14,805 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | 174,009 | -164,097 | -59,829 | 223,926 | |||||
| Debtors | -762,322 | 1,357,324 | 2,062,508 | -848,705 | 249,360 | -286,986 | -108,422 | 1,894,376 | |
| Creditors | -1,043,021 | 1,290,039 | 1,322,186 | -783,153 | 438,286 | 116,766 | -110,090 | 1,035,321 | |
| Accruals and Deferred Income | 359,858 | -359,398 | 199,277 | -34,681 | 153,607 | -184,767 | -235,007 | 808,797 | |
| Deferred Taxes & Provisions | -11,107 | 36,492 | -2,884 | -4,343 | 1,438 | 7,626 | -2,570 | 2,772 | |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | -54,658 | -12,517 | 14,867 | 14,818 | 37,490 | ||||
| other long term liabilities | -47,681 | -73,652 | 144,976 | 4,976 | -6,346 | 31,988 | 4,647 | 20,820 | |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -238,472 | -272,679 | -72,219 | -217,854 | 604,802 | 263,652 | -86,650 | 99,585 | 190 |
| overdraft | |||||||||
| change in cash | -238,472 | -272,679 | -72,219 | -217,854 | 604,802 | 263,652 | -86,650 | 99,585 | 190 |
cityserve mechanical limited Credit Report and Business Information
Cityserve Mechanical Limited Competitor Analysis
Perform a competitor analysis for cityserve mechanical limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in WR9 area or any other competitors across 12 key performance metrics.
cityserve mechanical limited Ownership
CITYSERVE MECHANICAL LIMITED group structure
Cityserve Mechanical Limited has no subsidiary companies.
Ultimate parent company
CITYSERVE MECHANICAL LIMITED
09393046
cityserve mechanical limited directors
Cityserve Mechanical Limited currently has 7 directors. The longest serving directors include Mr Duncan Williams (Aug 2015) and Mr Martin Daniels (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Williams | United Kingdom | 69 years | Aug 2015 | - | Director |
| Mr Martin Daniels | United Kingdom | 54 years | Feb 2016 | - | Director |
| Mr Mark Drumm | United Kingdom | 68 years | Feb 2016 | - | Director |
| Mr Christopher Glaze | United Kingdom | 39 years | Apr 2018 | - | Director |
| Mr Craig Warburton | United Kingdom | 36 years | Jan 2025 | - | Director |
| Mr Mathew Simkin | United Kingdom | 50 years | Jan 2025 | - | Director |
| Mr Daniel Vellender | United Kingdom | 42 years | Jan 2025 | - | Director |
P&L
March 2024turnover
15.6m
-21%
operating profit
-93.6k
0%
gross margin
38.2%
-1.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.1m
-0.07%
total assets
4.1m
-0.17%
cash
80.4k
-0.75%
net assets
Total assets minus all liabilities
cityserve mechanical limited company details
company number
09393046
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
city serve mechanical limited (January 2016)
accountant
ORMEROD RUTTER LIMITED
auditor
-
address
the oakley kidderminster road, droitwich, worcestershire, WR9 9AY
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
cityserve mechanical limited 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 found 3 charges/mortgages relating to cityserve mechanical limited. Currently there are 1 open charges and 2 have been satisfied in the past.
cityserve mechanical limited 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.
Click to start generating capital raising & share issue transactions for CITYSERVE MECHANICAL LIMITED. This can take several minutes, an email will notify you when this has completed.
cityserve mechanical limited Companies House Filings - See Documents
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