Pomanda estimates the enterprise value of MCE ELECTRICAL CONTRACTORS LTD at £453k based on a Turnover of £1.2m and 0.38x industry multiple (adjusted for size and gross margin).
mce electrical contractors ltdEstimated Valuation
£41.8k
Pomanda estimates the enterprise value of MCE ELECTRICAL CONTRACTORS LTD at £41.8k based on an EBITDA of £11k and a 3.8x industry multiple (adjusted for size and gross margin).
mce electrical contractors ltdEstimated Valuation
£906.8k
Pomanda estimates the enterprise value of MCE ELECTRICAL CONTRACTORS LTD at £906.8k based on Net Assets of £412.9k and 2.2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mce Electrical Contractors LtdOverview
Mce Electrical Contractors Ltd is a live company located in west yorkshire, BD4 7DN with a Companies House number of 09646975. It operates in the electrical installation sector, SIC Code 43210. Founded in June 2015, it's largest shareholder is
varley group (bradford) limited
with a 50% stake. Mce Electrical Contractors Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Mce Electrical Contractors Ltd a 4.5 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
Health Rating4.5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£3.4m)
£1.2m - Mce Electrical Contractors Ltd
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (9.3%)
20% - Mce Electrical Contractors Ltd
9.3% - Industry AVG
Production
with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)
25.4% - Mce Electrical Contractors Ltd
25.4% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (6.5%)
-1.1% - Mce Electrical Contractors Ltd
6.5% - Industry AVG
Employees
with 12 employees, this is below the industry average (25)
12 - Mce Electrical Contractors Ltd
25 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
£45.2k - Mce Electrical Contractors Ltd
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £98.2k, this is less efficient (£154.3k)
£98.2k - Mce Electrical Contractors Ltd
£154.3k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (57 days)
57 days - Mce Electrical Contractors Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (41 days)
61 days - Mce Electrical Contractors Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (11 days)
2 days - Mce Electrical Contractors Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 35 weeks, this is more cash available to meet short term requirements (22 weeks)
35 weeks - Mce Electrical Contractors Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.7%, this is a lower level of debt than the average (58.6%)
37.7% - Mce Electrical Contractors Ltd
58.6% - Industry AVG
MCE ELECTRICAL CONTRACTORS LTD financials
EXPORT
Mce Electrical Contractors Ltd's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £412.9 thousand. According to their latest financial statements, Mce Electrical Contractors Ltd has 12 employees and maintains cash reserves of £147.6 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
1,177,894
1,007,378
705,670
675,484
897,067
411,056
260,789
237,451
138,220
Other Income Or Grants
Cost Of Sales
878,716
754,907
531,499
506,454
672,716
302,398
189,586
171,372
99,780
Gross Profit
299,178
252,471
174,170
169,030
224,351
108,658
71,203
66,079
38,440
Admin Expenses
312,653
134,649
136,852
104,741
-5,220
61,264
33,628
66,852
45,431
Operating Profit
-13,475
117,822
37,318
64,289
229,571
47,394
37,575
-773
-6,991
Interest Payable
3,732
4,072
3,051
1,525
Interest Receivable
8,856
3,580
151
60
155
197
86
14
5
Pre-Tax Profit
-8,351
117,330
34,417
62,823
229,726
47,591
37,660
-759
-6,986
Tax
-22,293
-6,539
-11,936
-43,648
-9,042
-7,155
Profit After Tax
-8,351
95,037
27,878
50,887
186,078
38,549
30,505
-759
-6,986
Dividends Paid
Retained Profit
-8,351
95,037
27,878
50,887
186,078
38,549
30,505
-759
-6,986
Employee Costs
541,906
559,844
458,965
451,555
502,301
375,794
240,722
202,654
119,533
Number Of Employees
12
13
11
11
12
9
6
5
3
EBITDA*
10,997
142,373
58,342
77,482
246,750
64,892
43,399
6,726
-6,991
* 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
131,362
138,834
61,787
38,977
51,136
52,296
17,473
22,497
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
131,362
138,834
61,787
38,977
51,136
52,296
17,473
22,497
Stock & work in progress
5,400
5,400
5,400
5,400
5,400
5,400
5,400
5,400
5,400
Trade Debtors
187,074
156,802
72,796
121,540
190,273
31,305
20,711
14,614
1,560
Group Debtors
191,749
208,971
438,881
240,862
188,799
40,271
Misc Debtors
Cash
147,633
189,735
14,811
105,779
13,462
27,754
24,803
9,450
1,977
misc current assets
309
total current assets
531,856
560,908
531,888
473,581
397,934
104,730
50,914
29,464
9,246
total assets
663,218
699,742
593,675
512,558
449,070
157,026
68,387
51,961
9,246
Bank overdraft
10,056
9,808
9,566
Bank loan
Trade Creditors
147,087
112,613
126,260
46,841
31,270
32,697
15,226
18,300
9,496
Group/Directors Accounts
11,990
11,990
11,990
11,990
22,900
9,259
10,914
30,878
5,437
other short term finances
hp & lease commitments
other current liabilities
46,811
103,901
69,789
97,947
137,697
43,725
16,067
10,428
1,199
total current liabilities
215,944
238,312
217,605
156,778
191,867
85,681
42,207
59,606
16,132
loans
18,214
28,271
38,079
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
16,122
11,870
11,739
7,406
9,716
9,936
3,320
total long term liabilities
34,336
40,141
49,818
57,406
9,716
9,936
3,320
total liabilities
250,280
278,453
267,423
214,184
201,583
95,617
45,527
59,606
16,132
net assets
412,938
421,289
326,252
298,374
247,487
61,409
22,860
-7,645
-6,886
total shareholders funds
412,938
421,289
326,252
298,374
247,487
61,409
22,860
-7,645
-6,886
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
-13,475
117,822
37,318
64,289
229,571
47,394
37,575
-773
-6,991
Depreciation
24,472
24,551
21,024
13,193
17,179
17,498
5,824
7,499
Amortisation
Tax
-22,293
-6,539
-11,936
-43,648
-9,042
-7,155
Stock
5,400
Debtors
13,050
-145,904
149,275
-16,670
307,496
50,865
6,097
13,054
1,560
Creditors
34,474
-13,647
79,419
15,571
-1,427
17,471
-3,074
8,804
9,496
Accruals and Deferred Income
-57,090
34,112
-28,158
-39,750
93,972
27,658
5,639
9,229
1,199
Deferred Taxes & Provisions
4,252
131
4,333
-2,310
-220
6,616
3,320
Cash flow from operations
-20,417
286,580
-41,878
55,727
-12,069
56,730
36,032
11,705
-3,256
Investing Activities
capital expenditure
-17,000
-101,598
-43,834
-1,034
-16,019
-52,321
-800
-29,996
Change in Investments
cash flow from investments
-17,000
-101,598
-43,834
-1,034
-16,019
-52,321
-800
-29,996
Financing Activities
Bank loans
Group/Directors Accounts
-10,910
13,641
-1,655
-19,964
25,441
5,437
Other Short Term Loans
Long term loans
-10,057
-9,808
-11,921
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
5,124
-492
-2,900
-1,465
155
197
86
14
5
cash flow from financing
-4,933
-10,300
-14,821
37,625
13,796
-1,458
-19,878
25,455
5,542
cash and cash equivalents
cash
-42,102
174,924
-90,968
92,317
-14,292
2,951
15,353
7,473
1,977
overdraft
248
242
9,566
change in cash
-42,350
174,682
-100,534
92,317
-14,292
2,951
15,353
7,473
1,977
mce electrical contractors 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 mce electrical contractors ltd. Get real-time insights into mce electrical contractors ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mce electrical contractors ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BD4 area or any other competitors across 12 key performance metrics.
mce electrical contractors ltd Ownership
MCE ELECTRICAL CONTRACTORS LTD group structure
Mce Electrical Contractors Ltd has no subsidiary companies.
Ultimate parent company
MCE ELECTRICAL CONTRACTORS LTD
09646975
MCE ELECTRICAL CONTRACTORS LTD Shareholders
The largest shareholders in Mce Electrical Contractors Ltd include Varley Group (Bradford) Limited and Peter Gaines.
varley group (bradford) limited
50%
peter gaines
50%
mce electrical contractors ltd directors
Mce Electrical Contractors Ltd currently has 3 directors.
The longest serving directors include
Mr Peter Gaines (Jun 2015) and
Mr Daniel Varley (Jun 2015).
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 mce electrical contractors ltd.
mce electrical contractors 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.
Click to start generating capital raising & share issue transactions for MCE ELECTRICAL CONTRACTORS LTD. This can take several minutes, an email will notify you when this has completed.
mce electrical contractors ltdCompanies House Filings - See Documents
