Pomanda estimates the enterprise value of MERCORE SERVICES GROUP LIMITED at £1.7m based on a Turnover of £3.5m and 0.5x industry multiple (adjusted for size and gross margin).
mercore services group limitedEstimated Valuation
£131.3k
Pomanda estimates the enterprise value of MERCORE SERVICES GROUP LIMITED at £131.3k based on an EBITDA of £39.9k and a 3.29x industry multiple (adjusted for size and gross margin).
mercore services group limitedEstimated Valuation
£645.7k
Pomanda estimates the enterprise value of MERCORE SERVICES GROUP LIMITED at £645.7k based on Net Assets of £488.1k and 1.32x industry multiple (adjusted for liquidity).
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Mercore Services Group LimitedOverview
Mercore Services Group Limited is a live company located in mansfield, NG21 0HJ with a Companies House number of 09683556. It operates in the support activities for crop production sector, SIC Code 01610. Founded in July 2015, it's largest shareholder is
aziz syyed
with a 100% stake. Mercore Services Group Limited is a established,
small sized company, Pomanda has estimated its turnover at
£3.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded Mercore Services Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
1 Strong
5 Regular
4 Weak
Size
annual sales of £3.5m, make it in line with the average company (£3.8m)
£3.5m - Mercore Services Group Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.4%)
-2% - Mercore Services Group Limited
6.4% - Industry AVG
Production
with a gross margin of 22.3%, this company has a comparable cost of product (22.3%)
22.3% - Mercore Services Group Limited
22.3% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (5.1%)
-1.1% - Mercore Services Group Limited
5.1% - Industry AVG
Employees
with 16 employees, this is below the industry average (21)
16 - Mercore Services Group Limited
21 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)
£51.1k - Mercore Services Group Limited
£51.1k - Industry AVG
Efficiency
resulting in sales per employee of £219k, this is equally as efficient (£224.4k)
£219k - Mercore Services Group Limited
£224.4k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (53 days)
53 days - Mercore Services Group Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mercore Services Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mercore Services Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (8 weeks)
1 weeks - Mercore Services Group Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.1%, this is a lower level of debt than the average (57.4%)
31.1% - Mercore Services Group Limited
57.4% - Industry AVG
MERCORE SERVICES GROUP LIMITED financials
EXPORT
Mercore Services Group Limited's latest turnover from July 2023 is estimated at £3.5 million and the company has net assets of £488.1 thousand. According to their latest financial statements, we estimate that Mercore Services Group Limited has 16 employees and maintains cash reserves of £8 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
3,503,372
2,677,924
2,728,503
3,666,327
3,351,831
3,034,268
216,424
668,082
Other Income Or Grants
Cost Of Sales
2,721,608
2,128,149
2,250,674
2,872,707
2,657,645
2,461,312
171,716
522,033
Gross Profit
781,764
549,775
477,829
793,620
694,186
572,956
44,708
146,049
Admin Expenses
819,648
660,011
625,444
822,073
713,466
585,863
200,967
145,633
Operating Profit
-37,884
-110,236
-147,615
-28,453
-19,280
-12,907
-156,259
416
Interest Payable
Interest Receivable
272
19
1
1
11
5
Pre-Tax Profit
-37,612
-110,217
-147,614
-28,452
-19,269
-12,902
-156,226
385
Tax
Profit After Tax
-37,612
-110,217
-147,614
-28,452
-19,269
-12,902
-156,226
385
Dividends Paid
Retained Profit
-37,612
-110,217
-147,614
-28,452
-19,269
-12,902
-156,226
385
Employee Costs
817,021
498,310
493,903
814,385
798,389
617,490
42,600
87,360
Number Of Employees
16
10
11
19
17
14
1
3
EBITDA*
39,865
-9,816
-47,195
88,419
75,499
9,764
-72,043
140,776
* 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
66,084
109,469
127,218
130,239
94,213
51,998
46,109
60,865
Intangible Assets
120,000
180,000
240,000
300,000
360,000
420,000
480,000
540,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
186,084
289,469
367,218
430,239
454,213
471,998
526,109
600,865
Stock & work in progress
47,370
Trade Debtors
514,608
412,340
377,425
416,554
414,356
402,874
483,650
156,339
Group Debtors
Misc Debtors
Cash
8,004
2,895
188
986
806
2,109
26,268
misc current assets
total current assets
522,612
415,235
377,613
417,540
415,162
404,983
483,650
229,977
total assets
708,696
704,704
744,831
847,779
869,375
876,981
1,009,759
830,842
Bank overdraft
Bank loan
Trade Creditors
78,212
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
220,603
178,999
64,334
42,339
57,387
45,724
165,600
52,245
total current liabilities
220,603
178,999
64,334
42,339
57,387
45,724
165,600
130,457
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
44,575
21,904
provisions
total long term liabilities
44,575
21,904
total liabilities
220,603
178,999
108,909
64,243
57,387
45,724
165,600
130,457
net assets
488,093
525,705
635,922
783,536
811,988
831,257
844,159
700,385
total shareholders funds
488,093
525,705
635,922
783,536
811,988
831,257
844,159
700,385
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Operating Activities
Operating Profit
-37,884
-110,236
-147,615
-28,453
-19,280
-12,907
-156,259
416
Depreciation
17,749
40,420
40,420
56,872
34,779
22,671
84,216
80,360
Amortisation
60,000
60,000
60,000
60,000
60,000
60,000
Tax
Stock
-47,370
47,370
Debtors
102,268
34,915
-39,129
2,198
11,482
-80,776
327,311
156,339
Creditors
-78,212
78,212
Accruals and Deferred Income
41,604
114,665
21,995
-15,048
11,663
-119,876
113,355
52,245
Deferred Taxes & Provisions
Cash flow from operations
-20,799
69,934
13,929
71,173
75,680
-29,336
-316,841
67,524
Investing Activities
capital expenditure
25,636
-22,671
-37,399
-92,898
-76,994
31,440
-9,460
-741,225
Change in Investments
cash flow from investments
25,636
-22,671
-37,399
-92,898
-76,994
31,440
-9,460
-741,225
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-44,575
22,671
21,904
share issue
300,000
700,000
interest
272
19
1
1
11
5
cash flow from financing
272
-44,556
22,672
21,905
11
5
300,000
700,000
cash and cash equivalents
cash
5,109
2,707
-798
180
-1,303
2,109
-26,268
26,268
overdraft
change in cash
5,109
2,707
-798
180
-1,303
2,109
-26,268
26,268
mercore services group 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 mercore services group limited. Get real-time insights into mercore services group limited's credit score, group structure and payment trends.
Mercore Services Group Limited Competitor Analysis
Perform a competitor analysis for mercore services group limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in NG21 area or any other competitors across 12 key performance metrics.
mercore services group limited Ownership
MERCORE SERVICES GROUP LIMITED group structure
Mercore Services Group Limited has no subsidiary companies.
Ultimate parent company
MERCORE SERVICES GROUP LIMITED
09683556
MERCORE SERVICES GROUP LIMITED Shareholders
The sole shareholder of Mercore Services Group Limited is Aziz Syyed.
aziz syyed
100%
mercore services group limited directors
Mercore Services Group Limited currently has 1 director, Mr Moin Syyed serving since Nov 2015.
ransom hall south, ransom wood business park, mansfield, nottingham, NG21 0HJ
Bank
-
Legal Advisor
-
mercore services group 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 mercore services group limited.
mercore services group 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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mercore services group limitedCompanies House Filings - See Documents
