mad ideas engineered ltd
mad ideas engineered ltd Company Information
Group Structure
View All
Industry
Machining
Registered Address
eaton house stoke prior lane, leominster, herefordshire, HR6 0NA
Website
madideasengineered.co.ukmad ideas engineered ltd Estimated Valuation
Pomanda estimates the enterprise value of MAD IDEAS ENGINEERED LTD at £30.7k based on a Turnover of £78.5k and 0.39x industry multiple (adjusted for size and gross margin).
mad ideas engineered ltd Estimated Valuation
Pomanda estimates the enterprise value of MAD IDEAS ENGINEERED LTD at £204.3k based on an EBITDA of £61.9k and a 3.3x industry multiple (adjusted for size and gross margin).
mad ideas engineered ltd Estimated Valuation
Pomanda estimates the enterprise value of MAD IDEAS ENGINEERED LTD at £51.3k based on Net Assets of £30k and 1.71x industry multiple (adjusted for liquidity).
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Mad Ideas Engineered Ltd Overview
Mad Ideas Engineered Ltd is a live company located in herefordshire, HR6 0NA with a Companies House number of 09682048. It operates in the machining sector, SIC Code 25620. Founded in July 2015, it's largest shareholder is roger davies with a 100% stake. Mad Ideas Engineered Ltd is a established, micro sized company, Pomanda has estimated its turnover at £78.5k with high growth in recent years.
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Mad Ideas Engineered Ltd Health Check
Pomanda's financial health check has awarded Mad Ideas Engineered Ltd a 3.5 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £78.5k, make it smaller than the average company (£9.9m)
- Mad Ideas Engineered Ltd
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (3.3%)
- Mad Ideas Engineered Ltd
3.3% - Industry AVG
Production
with a gross margin of 28.4%, this company has a comparable cost of product (28.4%)
- Mad Ideas Engineered Ltd
28.4% - Industry AVG
Profitability
an operating margin of 71.3% make it more profitable than the average company (6.2%)
- Mad Ideas Engineered Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (77)
1 - Mad Ideas Engineered Ltd
77 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£43.8k)
- Mad Ideas Engineered Ltd
£43.8k - Industry AVG
Efficiency
resulting in sales per employee of £78.5k, this is less efficient (£136.3k)
- Mad Ideas Engineered Ltd
£136.3k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is near the average (65 days)
- Mad Ideas Engineered Ltd
65 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (49 days)
- Mad Ideas Engineered Ltd
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mad Ideas Engineered Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 272 weeks, this is more cash available to meet short term requirements (12 weeks)
272 weeks - Mad Ideas Engineered Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.2%, this is a higher level of debt than the average (47.3%)
66.2% - Mad Ideas Engineered Ltd
47.3% - Industry AVG
MAD IDEAS ENGINEERED LTD financials
Mad Ideas Engineered Ltd's latest turnover from July 2023 is estimated at £78.5 thousand and the company has net assets of £30 thousand. According to their latest financial statements, Mad Ideas Engineered Ltd has 1 employee and maintains cash reserves of £62.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,434 | 15,298 | 23,593 | 6,115 | 21,735 | 33,279 | 48,538 | 63,812 |
| Intangible Assets | 2,000 | 3,000 | 4,000 | 5,000 | 6,000 | 7,000 | 8,000 | 9,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,434 | 18,298 | 27,593 | 11,115 | 27,735 | 40,279 | 56,538 | 72,812 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 14,252 | 24,836 | 2,808 | 3,606 | 598 | 0 | 0 | 6,341 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 108 | 98 | 344 | 460 | 1,148 | 2,505 | 1,029 | 2,604 |
| Cash | 62,077 | 46,288 | 32,364 | 27,999 | 7,046 | 843 | 12,723 | 2,828 |
| misc current assets | 0 | 0 | 0 | 0 | 127 | 0 | 1,427 | 0 |
| total current assets | 76,437 | 71,222 | 35,516 | 32,065 | 8,919 | 3,348 | 15,179 | 11,773 |
| total assets | 88,871 | 89,520 | 63,109 | 43,180 | 36,654 | 43,627 | 71,717 | 84,585 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 90 | 179 | 0 | 248 | 0 | 26 | 0 | 76 |
| Group/Directors Accounts | 785 | 46,197 | 66,735 | 65,657 | 64,181 | 50,188 | 44,202 | 44,634 |
| 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 | 10,981 | 6,218 | 2,209 | 1,139 | 426 | 842 | 634 | 600 |
| total current liabilities | 11,856 | 52,594 | 68,944 | 67,044 | 64,607 | 51,056 | 44,836 | 45,310 |
| loans | 44,377 | 44,377 | 44,377 | 44,377 | 44,377 | 44,377 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 44,377 | 44,377 |
| provisions | 2,609 | 2,907 | 4,483 | 1,165 | 4,130 | 6,323 | 9,222 | 12,763 |
| total long term liabilities | 46,986 | 47,284 | 48,860 | 45,542 | 48,507 | 50,700 | 53,599 | 57,140 |
| total liabilities | 58,842 | 99,878 | 117,804 | 112,586 | 113,114 | 101,756 | 98,435 | 102,450 |
| net assets | 30,029 | -10,358 | -54,695 | -69,406 | -76,460 | -58,129 | -26,718 | -17,865 |
| total shareholders funds | 30,029 | -10,358 | -54,695 | -69,406 | -76,460 | -58,129 | -26,718 | -17,865 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 4,864 | 8,295 | 3,022 | 15,620 | 15,194 | 15,274 | 15,274 | 15,274 |
| Amortisation | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,574 | 21,782 | -914 | 2,320 | -759 | 1,476 | -7,916 | 8,945 |
| Creditors | -89 | 179 | -248 | 248 | -26 | 26 | -76 | 76 |
| Accruals and Deferred Income | 4,763 | 4,009 | 1,070 | 713 | -416 | 208 | 34 | 600 |
| Deferred Taxes & Provisions | -298 | -1,576 | 3,318 | -2,965 | -2,193 | -2,899 | -3,541 | 12,763 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 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 | -45,412 | -20,538 | 1,078 | 1,476 | 13,993 | 5,986 | -432 | 44,634 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 44,377 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -44,377 | 0 | 44,377 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 15,789 | 13,924 | 4,365 | 20,953 | 6,203 | -11,880 | 9,895 | 2,828 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,789 | 13,924 | 4,365 | 20,953 | 6,203 | -11,880 | 9,895 | 2,828 |
mad ideas engineered ltd Credit Report and Business Information
Mad Ideas Engineered Ltd Competitor Analysis
Perform a competitor analysis for mad ideas engineered ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in HR6 area or any other competitors across 12 key performance metrics.
mad ideas engineered ltd Ownership
MAD IDEAS ENGINEERED LTD group structure
Mad Ideas Engineered Ltd has no subsidiary companies.
Ultimate parent company
MAD IDEAS ENGINEERED LTD
09682048
mad ideas engineered ltd directors
Mad Ideas Engineered Ltd currently has 1 director, Mr Roger Davies serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roger Davies | United Kingdom | 49 years | Jul 2015 | - | Director |
P&L
July 2023turnover
78.5k
-24%
operating profit
56k
0%
gross margin
28.4%
+2.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
30k
-3.9%
total assets
88.9k
-0.01%
cash
62.1k
+0.34%
net assets
Total assets minus all liabilities
mad ideas engineered ltd company details
company number
09682048
Type
Private limited with Share Capital
industry
25620 - Machining
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
mad extrusions limited (September 2018)
accountant
LLOYD RICHARDS LTD
auditor
-
address
eaton house stoke prior lane, leominster, herefordshire, HR6 0NA
Bank
-
Legal Advisor
-
mad ideas engineered 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 mad ideas engineered ltd.
mad ideas engineered 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 MAD IDEAS ENGINEERED LTD. This can take several minutes, an email will notify you when this has completed.
mad ideas engineered ltd Companies House Filings - See Documents
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