m w fibre splice limited

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m w fibre splice limited Company Information

Share M W FIBRE SPLICE LIMITED
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Company Number

10075064

Website

-

Registered Address

58 whiteadmiral place, newcastle upon tyne, NE13 9EJ

Industry

Other telecommunications activities

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Michael Watson8 Years

Shareholders

michael watson 90%

nikki watson 10%

m w fibre splice limited Estimated Valuation

£291.9k

Pomanda estimates the enterprise value of M W FIBRE SPLICE LIMITED at £291.9k based on a Turnover of £412.3k and 0.71x industry multiple (adjusted for size and gross margin).

m w fibre splice limited Estimated Valuation

£144.7k

Pomanda estimates the enterprise value of M W FIBRE SPLICE LIMITED at £144.7k based on an EBITDA of £55.7k and a 2.6x industry multiple (adjusted for size and gross margin).

m w fibre splice limited Estimated Valuation

£263.7k

Pomanda estimates the enterprise value of M W FIBRE SPLICE LIMITED at £263.7k based on Net Assets of £86.7k and 3.04x industry multiple (adjusted for liquidity).

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M W Fibre Splice Limited Overview

M W Fibre Splice Limited is a live company located in newcastle upon tyne, NE13 9EJ with a Companies House number of 10075064. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in March 2016, it's largest shareholder is michael watson with a 90% stake. M W Fibre Splice Limited is a young, micro sized company, Pomanda has estimated its turnover at £412.3k with high growth in recent years.

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M W Fibre Splice Limited Health Check

Pomanda's financial health check has awarded M W Fibre Splice Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £412.3k, make it smaller than the average company (£12m)

£412.3k - M W Fibre Splice Limited

£12m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (3.5%)

23% - M W Fibre Splice Limited

3.5% - Industry AVG

production

Production

with a gross margin of 18.9%, this company has a higher cost of product (38.3%)

18.9% - M W Fibre Splice Limited

38.3% - Industry AVG

profitability

Profitability

an operating margin of 13.5% make it more profitable than the average company (4.6%)

13.5% - M W Fibre Splice Limited

4.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (51)

2 - M W Fibre Splice Limited

51 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.9k, the company has an equivalent pay structure (£57.9k)

£57.9k - M W Fibre Splice Limited

£57.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £206.1k, this is equally as efficient (£224.2k)

£206.1k - M W Fibre Splice Limited

£224.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 115 days, this is later than average (40 days)

115 days - M W Fibre Splice Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is close to average (44 days)

45 days - M W Fibre Splice Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - M W Fibre Splice Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - M W Fibre Splice Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 45.2%, this is a lower level of debt than the average (63.7%)

45.2% - M W Fibre Splice Limited

63.7% - Industry AVG

M W FIBRE SPLICE LIMITED financials

EXPORTms excel logo

M W Fibre Splice Limited's latest turnover from March 2023 is estimated at £412.3 thousand and the company has net assets of £86.7 thousand. According to their latest financial statements, M W Fibre Splice Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover412,299359,026229,225221,285182,535174,173173,661
Other Income Or Grants0000000
Cost Of Sales334,192295,857187,950177,834148,335138,855135,922
Gross Profit78,10763,16941,27543,45134,20035,31937,739
Admin Expenses22,38427,92637,51351,78831,59028,37724,525
Operating Profit55,72335,2433,762-8,3372,6106,94213,214
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit55,72335,2433,762-8,3372,6106,94213,214
Tax-10,587-6,696-7150-496-1,319-2,643
Profit After Tax45,13628,5473,047-8,3372,1145,62310,571
Dividends Paid0000000
Retained Profit45,13628,5473,047-8,3372,1145,62310,571
Employee Costs115,746109,059105,520106,752106,347105,832102,032
Number Of Employees2222222
EBITDA*55,72335,2433,762-8,3372,6106,94213,214

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets27,22623,32028,6656,4177,7318,87611,474
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets27,22623,32028,6656,4177,7318,87611,474
Stock & work in progress0000000
Trade Debtors130,993106,11459,78251,99238,40137,84435,762
Group Debtors0000000
Misc Debtors0000000
Cash0000000
misc current assets0000000
total current assets130,993106,11459,78251,99238,40137,84435,762
total assets158,219129,43488,44758,40946,13246,72047,236
Bank overdraft0000000
Bank loan0000000
Trade Creditors 41,79944,54717,09434,03824,57524,27826,954
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities41,79944,54717,09434,03824,57524,27826,954
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income46600000464
other liabilities29,25343,32258,33514,4003,2496,2489,247
provisions0000000
total long term liabilities29,71943,32258,33514,4003,2496,2489,711
total liabilities71,51887,86975,42948,43827,82430,52636,665
net assets86,70141,56513,0189,97118,30816,19410,571
total shareholders funds86,70141,56513,0189,97118,30816,19410,571
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit55,72335,2433,762-8,3372,6106,94213,214
Depreciation0000000
Amortisation0000000
Tax-10,587-6,696-7150-496-1,319-2,643
Stock0000000
Debtors24,87946,3327,79013,5915572,08235,762
Creditors-2,74827,453-16,9449,463297-2,67626,954
Accruals and Deferred Income4660000-464464
Deferred Taxes & Provisions0000000
Cash flow from operations17,9759,668-21,687-12,4651,8544012,227
Investing Activities
capital expenditure-3,9065,345-22,2481,3141,1452,598-11,474
Change in Investments0000000
cash flow from investments-3,9065,345-22,2481,3141,1452,598-11,474
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities-14,069-15,01343,93511,151-2,999-2,9999,247
share issue0000000
interest0000000
cash flow from financing-14,069-15,01343,93511,151-2,999-2,9999,247
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

m w fibre splice limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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M W Fibre Splice Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for m w fibre splice limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NE13 area or any other competitors across 12 key performance metrics.

m w fibre splice limited Ownership

M W FIBRE SPLICE LIMITED group structure

M W Fibre Splice Limited has no subsidiary companies.

Ultimate parent company

M W FIBRE SPLICE LIMITED

10075064

M W FIBRE SPLICE LIMITED Shareholders

michael watson 90%
nikki watson 10%

m w fibre splice limited directors

M W Fibre Splice Limited currently has 1 director, Mr Michael Watson serving since Mar 2016.

officercountryagestartendrole
Mr Michael WatsonEngland42 years Mar 2016- Director

P&L

March 2023

turnover

412.3k

+15%

operating profit

55.7k

0%

gross margin

19%

+7.67%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

86.7k

+1.09%

total assets

158.2k

+0.22%

cash

0

0%

net assets

Total assets minus all liabilities

m w fibre splice limited company details

company number

10075064

Type

Private limited with Share Capital

industry

61900 - Other telecommunications activities

incorporation date

March 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

58 whiteadmiral place, newcastle upon tyne, NE13 9EJ

Bank

-

Legal Advisor

-

m w fibre splice 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 m w fibre splice limited.

charges

m w fibre splice limited Companies House Filings - See Documents

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