electric wharf 1 generator hall, coventry, CV1 4JL
Website
-
mga engineering limitedEstimated Valuation
£17.5k
Pomanda estimates the enterprise value of MGA ENGINEERING LIMITED at £17.5k based on a Turnover of £45.7k and 0.38x industry multiple (adjusted for size and gross margin).
mga engineering limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MGA ENGINEERING LIMITED at £0 based on an EBITDA of £-12.7k and a 2.8x industry multiple (adjusted for size and gross margin).
mga engineering limitedEstimated Valuation
£16k
Pomanda estimates the enterprise value of MGA ENGINEERING LIMITED at £16k based on Net Assets of £7.5k and 2.13x industry multiple (adjusted for liquidity).
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Mga Engineering LimitedOverview
Mga Engineering Limited is a dissolved company that was located in coventry, CV1 4JL with a Companies House number of 09555332. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2015, it's largest shareholder was
muhammad nagda
with a 100% stake. The last turnover for Mga Engineering Limited was estimated at £45.7k.
Pomanda's financial health check has awarded Mga Engineering Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £45.7k, make it smaller than the average company (£2.5m)
£45.7k - Mga Engineering Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (1.6%)
20% - Mga Engineering Limited
1.6% - Industry AVG
Production
with a gross margin of 15.5%, this company has a higher cost of product (37%)
15.5% - Mga Engineering Limited
37% - Industry AVG
Profitability
an operating margin of -27.8% make it less profitable than the average company (5.2%)
-27.8% - Mga Engineering Limited
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
1 - Mga Engineering Limited
21 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
£42.9k - Mga Engineering Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £45.7k, this is less efficient (£124.4k)
£45.7k - Mga Engineering Limited
£124.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mga Engineering Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (35 days)
102 days - Mga Engineering Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mga Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 87 weeks, this is more cash available to meet short term requirements (28 weeks)
87 weeks - Mga Engineering Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.2%, this is a similar level of debt than the average (64.2%)
59.2% - Mga Engineering Limited
64.2% - Industry AVG
MGA ENGINEERING LIMITED financials
EXPORT
Mga Engineering Limited's latest turnover from April 2021 is estimated at £45.7 thousand and the company has net assets of £7.5 thousand. According to their latest financial statements, Mga Engineering Limited has 1 employee and maintains cash reserves of £18.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Turnover
45,695
47,991
24,434
26,235
42,318
54,582
Other Income Or Grants
Cost Of Sales
38,603
39,790
20,316
21,832
34,890
45,118
Gross Profit
7,092
8,201
4,118
4,403
7,428
9,465
Admin Expenses
19,806
-2,040
-8,540
7,153
7,837
3,677
Operating Profit
-12,714
10,241
12,658
-2,750
-409
5,788
Interest Payable
Interest Receivable
24
25
74
56
28
Pre-Tax Profit
-12,690
10,265
12,732
-2,694
-381
5,788
Tax
-1,950
-2,419
-1,157
Profit After Tax
-12,690
8,315
10,313
-2,694
-381
4,630
Dividends Paid
Retained Profit
-12,690
8,315
10,313
-2,694
-381
4,630
Employee Costs
42,878
42,485
41,599
39,200
38,339
38,365
Number Of Employees
1
1
1
1
1
1
EBITDA*
-12,714
10,241
12,658
-2,750
-409
5,788
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
7,582
6,394
15,097
Group Debtors
Misc Debtors
Cash
18,352
29,443
19,793
22,459
misc current assets
total current assets
18,352
29,443
19,793
7,582
28,853
15,097
total assets
18,352
29,443
19,793
7,582
28,853
15,097
Bank overdraft
Bank loan
Trade Creditors
10,859
9,260
7,925
6,027
10,466
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
24,603
total current liabilities
10,859
9,260
7,925
6,027
24,603
10,466
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
10,859
9,260
7,925
6,027
24,603
10,466
net assets
7,493
20,183
11,868
1,555
4,250
4,631
total shareholders funds
7,493
20,183
11,868
1,555
4,250
4,631
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Operating Activities
Operating Profit
-12,714
10,241
12,658
-2,750
-409
5,788
Depreciation
Amortisation
Tax
-1,950
-2,419
-1,157
Stock
Debtors
-7,582
1,188
-8,703
15,097
Creditors
1,599
1,335
1,898
6,027
-10,466
10,466
Accruals and Deferred Income
-24,603
24,603
Deferred Taxes & Provisions
Cash flow from operations
-11,115
9,626
19,719
-22,514
22,431
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
other long term liabilities
share issue
-1
1
interest
24
25
74
56
28
cash flow from financing
24
25
74
55
28
1
cash and cash equivalents
cash
-11,091
9,650
19,793
-22,459
22,459
overdraft
change in cash
-11,091
9,650
19,793
-22,459
22,459
mga engineering limited 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 mga engineering limited. Get real-time insights into mga engineering limited's credit score, group structure and payment trends.
Perform a competitor analysis for mga engineering limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in CV1 area or any other competitors across 12 key performance metrics.
mga engineering limited Ownership
MGA ENGINEERING LIMITED group structure
Mga Engineering Limited has no subsidiary companies.
Ultimate parent company
MGA ENGINEERING LIMITED
09555332
MGA ENGINEERING LIMITED Shareholders
The sole shareholder of Mga Engineering Limited is Muhammad Nagda.
muhammad nagda
100%
mga engineering limited directors
Mga Engineering Limited currently has 1 director, Mr Muhammad Nagda serving since May 2021.
82990 - Other business support service activities n.e.c.
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
April 2021
previous names
N/A
accountant
-
auditor
-
address
electric wharf 1 generator hall, coventry, CV1 4JL
Bank
-
Legal Advisor
-
mga engineering 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 mga engineering limited.
mga engineering 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.
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mga engineering limitedCompanies House Filings - See Documents
