merlin asphalt mixers limited
merlin asphalt mixers limited Company Information
Company Number
09426380
Website
www.merlinmixers.co.ukRegistered Address
dawley house dawley brook road, kingswinford, DY6 7BB
Industry
Manufacture of other general-purpose machinery n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
roger bannister 50%
wendy bannister 50%
merlin asphalt mixers limited Estimated Valuation
Pomanda estimates the enterprise value of MERLIN ASPHALT MIXERS LIMITED at £383k based on a Turnover of £986.3k and 0.39x industry multiple (adjusted for size and gross margin).
merlin asphalt mixers limited Estimated Valuation
Pomanda estimates the enterprise value of MERLIN ASPHALT MIXERS LIMITED at £58.5k based on an EBITDA of £19.8k and a 2.95x industry multiple (adjusted for size and gross margin).
merlin asphalt mixers limited Estimated Valuation
Pomanda estimates the enterprise value of MERLIN ASPHALT MIXERS LIMITED at £182.2k based on Net Assets of £97.8k and 1.86x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merlin Asphalt Mixers Limited Overview
Merlin Asphalt Mixers Limited is a live company located in kingswinford, DY6 7BB with a Companies House number of 09426380. It operates in the manufacture of other general-purpose machinery n.e.c. sector, SIC Code 28290. Founded in February 2015, it's largest shareholder is roger bannister with a 50% stake. Merlin Asphalt Mixers Limited is a young, small sized company, Pomanda has estimated its turnover at £986.3k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Merlin Asphalt Mixers Limited Health Check
Pomanda's financial health check has awarded Merlin Asphalt Mixers Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £986.3k, make it smaller than the average company (£12.6m)
- Merlin Asphalt Mixers Limited
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (5.9%)
- Merlin Asphalt Mixers Limited
5.9% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (29.1%)
- Merlin Asphalt Mixers Limited
29.1% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (7.2%)
- Merlin Asphalt Mixers Limited
7.2% - Industry AVG
Employees
with 5 employees, this is below the industry average (64)
5 - Merlin Asphalt Mixers Limited
64 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Merlin Asphalt Mixers Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £197.3k, this is more efficient (£144.1k)
- Merlin Asphalt Mixers Limited
£144.1k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (68 days)
- Merlin Asphalt Mixers Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 152 days, this is slower than average (54 days)
- Merlin Asphalt Mixers Limited
54 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merlin Asphalt Mixers Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Merlin Asphalt Mixers Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.2%, this is a higher level of debt than the average (45.2%)
79.2% - Merlin Asphalt Mixers Limited
45.2% - Industry AVG
MERLIN ASPHALT MIXERS LIMITED financials
Merlin Asphalt Mixers Limited's latest turnover from February 2023 is estimated at £986.3 thousand and the company has net assets of £97.8 thousand. According to their latest financial statements, Merlin Asphalt Mixers Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 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 | 5 | 4 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 100,000 | 100,000 | 100,000 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100,000 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 370,703 | 356,103 | 139,882 | 47,301 | 39,816 | 100 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 370,703 | 356,103 | 139,882 | 47,301 | 39,816 | 100 | 0 | 0 |
| total assets | 470,703 | 456,103 | 239,882 | 147,301 | 139,816 | 100 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 334,284 | 324,569 | 201,997 | 125,821 | 133,349 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 334,284 | 324,569 | 201,997 | 125,821 | 133,349 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 38,614 | 49,789 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 38,614 | 49,789 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 372,898 | 374,358 | 201,997 | 125,821 | 133,349 | 0 | 0 | 0 |
| net assets | 97,805 | 81,745 | 37,885 | 21,480 | 6,467 | 100 | 0 | 0 |
| total shareholders funds | 97,805 | 81,745 | 37,885 | 21,480 | 6,467 | 100 | 0 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 14,600 | 216,221 | 92,581 | 7,485 | 39,716 | 100 | 0 | 0 |
| Creditors | 9,715 | 122,572 | 76,176 | -7,528 | 133,349 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -11,175 | 49,789 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
merlin asphalt mixers limited Credit Report and Business Information
Merlin Asphalt Mixers Limited Competitor Analysis
Perform a competitor analysis for merlin asphalt mixers limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in DY6 area or any other competitors across 12 key performance metrics.
merlin asphalt mixers limited Ownership
MERLIN ASPHALT MIXERS LIMITED group structure
Merlin Asphalt Mixers Limited has no subsidiary companies.
Ultimate parent company
MERLIN ASPHALT MIXERS LIMITED
09426380
merlin asphalt mixers limited directors
Merlin Asphalt Mixers Limited currently has 2 directors. The longest serving directors include Mrs Wendy Bannister (Feb 2018) and Mr Roger Bannister (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Wendy Bannister | England | 73 years | Feb 2018 | - | Director |
| Mr Roger Bannister | 70 years | Feb 2018 | - | Director |
P&L
February 2023turnover
986.3k
-7%
operating profit
19.8k
0%
gross margin
19.1%
-9.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
97.8k
+0.2%
total assets
470.7k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
merlin asphalt mixers limited company details
company number
09426380
Type
Private limited with Share Capital
industry
28290 - Manufacture of other general-purpose machinery n.e.c.
incorporation date
February 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
dawley house dawley brook road, kingswinford, DY6 7BB
accountant
-
auditor
-
merlin asphalt mixers 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 did not find charges/mortgages relating to merlin asphalt mixers limited.
merlin asphalt mixers limited Companies House Filings - See Documents
| date | description | view/download |
|---|
