Pomanda estimates the enterprise value of MGM UTILITY CONTRACTORS LTD at £313.5k based on a Turnover of £1.6m and 0.2x industry multiple (adjusted for size and gross margin).
mgm utility contractors ltdEstimated Valuation
£741.3k
Pomanda estimates the enterprise value of MGM UTILITY CONTRACTORS LTD at £741.3k based on an EBITDA of £266.5k and a 2.78x industry multiple (adjusted for size and gross margin).
mgm utility contractors ltdEstimated Valuation
£162.4k
Pomanda estimates the enterprise value of MGM UTILITY CONTRACTORS LTD at £162.4k based on Net Assets of £82k and 1.98x industry multiple (adjusted for liquidity).
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Mgm Utility Contractors LtdOverview
Mgm Utility Contractors Ltd is a live company located in exeter, EX1 3QS with a Companies House number of 10091560. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in March 2016, it's largest shareholder is
michael john phillips
with a 80% stake. Mgm Utility Contractors Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Mgm Utility Contractors Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£4m)
£1.6m - Mgm Utility Contractors Ltd
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (5.6%)
-30% - Mgm Utility Contractors Ltd
5.6% - Industry AVG
Production
with a gross margin of 24.3%, this company has a comparable cost of product (24.3%)
24.3% - Mgm Utility Contractors Ltd
24.3% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (12.7%)
2% - Mgm Utility Contractors Ltd
12.7% - Industry AVG
Employees
with 10 employees, this is below the industry average (15)
10 - Mgm Utility Contractors Ltd
15 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
£49.5k - Mgm Utility Contractors Ltd
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £157k, this is less efficient (£308.5k)
£157k - Mgm Utility Contractors Ltd
£308.5k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (53 days)
10 days - Mgm Utility Contractors Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (28 days)
49 days - Mgm Utility Contractors Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mgm Utility Contractors Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (26 weeks)
0 weeks - Mgm Utility Contractors Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92%, this is a higher level of debt than the average (76.9%)
92% - Mgm Utility Contractors Ltd
76.9% - Industry AVG
MGM UTILITY CONTRACTORS LTD financials
EXPORT
Mgm Utility Contractors Ltd's latest turnover from March 2020 is estimated at £1.6 million and the company has net assets of £82 thousand. According to their latest financial statements, Mgm Utility Contractors Ltd has 10 employees and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
1,569,911
5,741,910
2,208,540
4,617,495
Other Income Or Grants
Cost Of Sales
1,188,287
4,016,188
1,596,865
3,518,328
Gross Profit
381,624
1,725,722
611,676
1,099,167
Admin Expenses
350,261
1,798,089
433,050
1,115,092
Operating Profit
31,363
-72,367
178,626
-15,925
Interest Payable
24
23
Interest Receivable
17
126
Pre-Tax Profit
31,380
-72,265
178,602
-15,925
Tax
-5,962
-33,934
Profit After Tax
25,418
-72,265
144,668
-15,925
Dividends Paid
Retained Profit
25,418
-72,265
144,668
-15,925
Employee Costs
495,128
520,283
481,418
823,649
Number Of Employees
10
10
11
17
EBITDA*
266,519
167,491
211,212
-15,925
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
960,270
1,417,770
542,771
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
960,270
1,417,770
542,771
Stock & work in progress
Trade Debtors
45,104
444,608
354,463
Group Debtors
Misc Debtors
11,903
4,661
1,960
1,370
Cash
1,020
33,625
misc current assets
total current assets
58,027
482,894
356,423
1,370
total assets
1,018,297
1,900,664
899,194
1,370
Bank overdraft
716
Bank loan
Trade Creditors
162,606
1,273,489
239,819
Group/Directors Accounts
other short term finances
hp & lease commitments
87,741
130,538
46,412
other current liabilities
633,151
185,000
296,059
17,294
total current liabilities
883,498
1,589,027
583,006
17,294
loans
hp & lease commitments
52,803
255,059
187,345
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
52,803
255,059
187,345
total liabilities
936,301
1,844,086
770,351
17,294
net assets
81,996
56,578
128,843
-15,924
total shareholders funds
81,996
56,578
128,843
-15,924
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
31,363
-72,367
178,626
-15,925
Depreciation
235,156
239,858
32,586
Amortisation
Tax
-5,962
-33,934
Stock
Debtors
-392,262
92,846
355,053
1,370
Creditors
-1,110,883
1,033,670
239,819
Accruals and Deferred Income
448,151
-111,059
278,765
17,294
Deferred Taxes & Provisions
Cash flow from operations
-9,913
997,256
340,809
-1
Investing Activities
capital expenditure
222,344
-1,114,857
-575,357
Change in Investments
cash flow from investments
222,344
-1,114,857
-575,357
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-245,053
151,840
233,757
other long term liabilities
share issue
99
1
interest
17
102
-23
cash flow from financing
-245,036
151,942
233,833
1
cash and cash equivalents
cash
-32,605
33,625
overdraft
-716
716
change in cash
-32,605
34,341
-716
mgm utility 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 mgm utility contractors ltd. Get real-time insights into mgm utility contractors ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mgm utility contractors ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EX1 area or any other competitors across 12 key performance metrics.
mgm utility contractors ltd Ownership
MGM UTILITY CONTRACTORS LTD group structure
Mgm Utility Contractors Ltd has no subsidiary companies.
Ultimate parent company
MGM UTILITY CONTRACTORS LTD
10091560
MGM UTILITY CONTRACTORS LTD Shareholders
The largest shareholders in Mgm Utility Contractors Ltd include Michael John Phillips and Michael John Kevin Gerald Channing.
michael john phillips
80%
michael john kevin gerald channing
20%
mgm utility contractors ltd directors
Mgm Utility Contractors Ltd currently has 1 director, Mr Michael Phillips serving since Nov 2018.
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
-
address
exeter business park, emperor way, exeter, EX1 3QS
Bank
-
Legal Advisor
-
mgm utility contractors 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 mgm utility contractors ltd.
mgm utility 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.
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mgm utility contractors ltdCompanies House Filings - See Documents
