Pomanda estimates the enterprise value of MANDAR SOLUTIONS LTD at £1.2m based on a Turnover of £1.5m and 0.83x industry multiple (adjusted for size and gross margin).
mandar solutions ltdEstimated Valuation
£4.6m
Pomanda estimates the enterprise value of MANDAR SOLUTIONS LTD at £4.6m based on an EBITDA of £905.4k and a 5.06x industry multiple (adjusted for size and gross margin).
mandar solutions ltdEstimated Valuation
£4.5m
Pomanda estimates the enterprise value of MANDAR SOLUTIONS LTD at £4.5m based on Net Assets of £2.1m and 2.13x industry multiple (adjusted for liquidity).
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Mandar Solutions LtdOverview
Mandar Solutions Ltd is a live company located in epsom, KT17 1HQ with a Companies House number of 09544996. It operates in the web portals sector, SIC Code 63120. Founded in April 2015, it's largest shareholder is
mandar investments ltd
with a 26% stake. Mandar Solutions Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Mandar Solutions Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£9.3m)
£1.5m - Mandar Solutions Ltd
£9.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 72%, show it is growing at a faster rate (12%)
72% - Mandar Solutions Ltd
12% - Industry AVG
Production
with a gross margin of 50.1%, this company has a comparable cost of product (50.1%)
50.1% - Mandar Solutions Ltd
50.1% - Industry AVG
Profitability
an operating margin of 59.8% make it more profitable than the average company (6%)
59.8% - Mandar Solutions Ltd
6% - Industry AVG
Employees
with 9 employees, this is below the industry average (42)
9 - Mandar Solutions Ltd
42 - Industry AVG
Pay Structure
on an average salary of £60.3k, the company has an equivalent pay structure (£60.3k)
£60.3k - Mandar Solutions Ltd
£60.3k - Industry AVG
Efficiency
resulting in sales per employee of £163.2k, this is equally as efficient (£162.5k)
£163.2k - Mandar Solutions Ltd
£162.5k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (51 days)
59 days - Mandar Solutions Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 111 days, this is slower than average (44 days)
111 days - Mandar Solutions Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 225 days, this is more than average (71 days)
225 days - Mandar Solutions Ltd
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 144 weeks, this is more cash available to meet short term requirements (20 weeks)
144 weeks - Mandar Solutions Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.5%, this is a lower level of debt than the average (52.7%)
25.5% - Mandar Solutions Ltd
52.7% - Industry AVG
MANDAR SOLUTIONS LTD financials
EXPORT
Mandar Solutions Ltd's latest turnover from April 2024 is estimated at £1.5 million and the company has net assets of £2.1 million. According to their latest financial statements, Mandar Solutions Ltd has 9 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
May 2017
Apr 2017
Apr 2016
Turnover
1,468,543
1,990,722
1,337,897
289,561
727,046
1,158,451
309,179
605
Other Income Or Grants
Cost Of Sales
732,526
1,006,246
617,455
123,172
311,405
503,527
140,224
297
Gross Profit
736,017
984,476
720,442
166,389
415,641
654,924
168,956
308
Admin Expenses
-142,238
175,023
159,533
180,145
-11,201
552,684
253,395
185
Operating Profit
878,255
809,453
560,909
-13,756
426,842
102,240
-84,439
123
Interest Payable
2,028
1,953
Interest Receivable
73,308
22,415
1,520
130
78
573
314
Pre-Tax Profit
951,563
831,868
562,430
-13,626
426,920
100,785
-86,079
123
Tax
-237,891
-207,967
-106,862
-81,115
-19,149
-23
Profit After Tax
713,672
623,901
455,568
-13,626
345,805
81,636
-86,079
100
Dividends Paid
Retained Profit
713,672
623,901
455,568
-13,626
345,805
81,636
-86,079
100
Employee Costs
542,675
320,886
202,379
249,991
261,280
249,848
145,287
45,501
Number Of Employees
9
6
4
5
5
5
3
1
EBITDA*
905,366
818,575
567,055
-12,734
428,701
115,279
-73,259
123
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
May 2017
Apr 2017
Apr 2016
Tangible Assets
55,331
3,534
5,124
1,021
1,859
11,180
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
55,331
3,534
5,124
1,021
1,859
11,180
Stock & work in progress
452,134
443,693
409,398
182,337
289,825
65,772
12,128
Trade Debtors
238,034
425,387
306,315
26,796
122,692
240,983
1,747
100
Group Debtors
Misc Debtors
90,630
119,955
63,594
42,547
8,267
78,804
79,932
Cash
2,010,750
781,942
272,888
132,526
128,151
27,416
125,465
misc current assets
total current assets
2,791,548
1,770,977
1,052,195
384,206
548,935
412,975
219,272
100
total assets
2,846,879
1,774,511
1,057,319
385,227
548,935
414,834
230,452
100
Bank overdraft
Bank loan
Trade Creditors
224,575
206,164
205,676
44,085
136,570
275,190
233,332
Group/Directors Accounts
3,300
53,300
82,300
other short term finances
60,100
hp & lease commitments
other current liabilities
501,227
160,942
68,139
9,906
17,503
61,687
22,999
total current liabilities
725,802
367,106
273,815
57,291
207,373
419,177
316,431
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
725,802
367,106
273,815
57,291
207,373
419,177
316,431
net assets
2,121,077
1,407,405
783,504
327,936
341,562
-4,343
-85,979
100
total shareholders funds
2,121,077
1,407,405
783,504
327,936
341,562
-4,343
-85,979
100
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
May 2017
Apr 2017
Apr 2016
Operating Activities
Operating Profit
878,255
809,453
560,909
-13,756
426,842
102,240
-84,439
123
Depreciation
27,111
9,122
6,146
1,022
1,859
13,039
11,180
Amortisation
Tax
-237,891
-207,967
-106,862
-81,115
-19,149
-23
Stock
8,441
34,295
227,061
-107,488
224,053
53,644
12,128
Debtors
-216,678
175,433
300,566
-61,616
-188,828
238,108
81,679
100
Creditors
18,411
488
161,591
-92,485
-138,620
41,858
233,332
Accruals and Deferred Income
340,285
92,803
58,233
-7,597
-44,184
38,688
22,999
Deferred Taxes & Provisions
Cash flow from operations
1,234,408
494,171
152,390
56,288
129,557
-115,076
89,265
Investing Activities
capital expenditure
-78,908
-7,532
-10,249
-2,043
-3,718
-22,360
Change in Investments
cash flow from investments
-78,908
-7,532
-10,249
-2,043
-3,718
-22,360
Financing Activities
Bank loans
Group/Directors Accounts
-3,300
-50,000
-29,000
82,300
Other Short Term Loans
-60,100
60,100
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
100
interest
73,308
22,415
1,520
130
78
-1,455
-1,639
cash flow from financing
73,308
22,415
-1,780
-49,870
-28,822
20,745
58,561
cash and cash equivalents
cash
1,228,808
509,054
140,362
4,375
100,735
-98,049
125,465
overdraft
change in cash
1,228,808
509,054
140,362
4,375
100,735
-98,049
125,465
mandar solutions 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 mandar solutions ltd. Get real-time insights into mandar solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mandar solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in KT17 area or any other competitors across 12 key performance metrics.
mandar solutions ltd Ownership
MANDAR SOLUTIONS LTD group structure
Mandar Solutions Ltd has no subsidiary companies.
Ultimate parent company
MANDAR SOLUTIONS LTD
09544996
MANDAR SOLUTIONS LTD Shareholders
The largest shareholders in Mandar Solutions Ltd include Mandar Investments Ltd and Mandar Assets Ltd.
mandar investments ltd
26%
mandar assets ltd
26%
matthew gregson
21.5%
thomas edward bathurst
11%
sharon bathurst
10.5%
dan manning
5%
mandar solutions ltd directors
Mandar Solutions Ltd currently has 2 directors.
The longest serving directors include
Mr Thomas Bathurst (Apr 2015) and
Mr Matthew Gregson (May 2017).
26309 - Manufacture of communication equipment (other than telegraph and telephone apparatus and equipment)
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
witm digital ltd (May 2017)
accountant
SOLE ASSOCIATES SVR LTD
auditor
-
address
nightingale house, 46-48 east street, epsom, surrey, KT17 1HQ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
mandar solutions 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 mandar solutions ltd.
mandar solutions 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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mandar solutions ltdCompanies House Filings - See Documents
