m.e.a inspection services limited

m.e.a inspection services limited Company Information

Share M.E.A INSPECTION SERVICES LIMITED
Live 
YoungMicroDeclining

Company Number

10177208

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Directors

Matthew Adams

Shareholders

matthew adams

Group Structure

View All

Contact

Registered Address

98 appley lane north, appley bridge, wigan, lancashire, WN6 9AQ

Website

-

m.e.a inspection services limited Estimated Valuation

£25.9k

Pomanda estimates the enterprise value of M.E.A INSPECTION SERVICES LIMITED at £25.9k based on a Turnover of £54.2k and 0.48x industry multiple (adjusted for size and gross margin).

m.e.a inspection services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of M.E.A INSPECTION SERVICES LIMITED at £0 based on an EBITDA of £-4.1k and a 4.08x industry multiple (adjusted for size and gross margin).

m.e.a inspection services limited Estimated Valuation

£292

Pomanda estimates the enterprise value of M.E.A INSPECTION SERVICES LIMITED at £292 based on Net Assets of £126 and 2.32x industry multiple (adjusted for liquidity).

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M.e.a Inspection Services Limited Overview

M.e.a Inspection Services Limited is a live company located in wigan, WN6 9AQ with a Companies House number of 10177208. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in May 2016, it's largest shareholder is matthew adams with a 100% stake. M.e.a Inspection Services Limited is a young, micro sized company, Pomanda has estimated its turnover at £54.2k with declining growth in recent years.

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M.e.a Inspection Services Limited Health Check

Pomanda's financial health check has awarded M.E.A Inspection Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £54.2k, make it smaller than the average company (£1.8m)

£54.2k - M.e.a Inspection Services Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.9%)

-3% - M.e.a Inspection Services Limited

5.9% - Industry AVG

production

Production

with a gross margin of 45.1%, this company has a comparable cost of product (45.1%)

45.1% - M.e.a Inspection Services Limited

45.1% - Industry AVG

profitability

Profitability

an operating margin of -7.9% make it less profitable than the average company (6.2%)

-7.9% - M.e.a Inspection Services Limited

6.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (16)

1 - M.e.a Inspection Services Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)

£49.4k - M.e.a Inspection Services Limited

£49.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £54.2k, this is less efficient (£117.9k)

£54.2k - M.e.a Inspection Services Limited

£117.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 12 days, this is earlier than average (56 days)

12 days - M.e.a Inspection Services Limited

56 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - M.e.a Inspection Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - M.e.a Inspection Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (28 weeks)

40 weeks - M.e.a Inspection Services Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (53%)

99.3% - M.e.a Inspection Services Limited

53% - Industry AVG

M.E.A INSPECTION SERVICES LIMITED financials

EXPORTms excel logo

M.E.A Inspection Services Limited's latest turnover from May 2023 is estimated at £54.2 thousand and the company has net assets of £126. According to their latest financial statements, M.E.A Inspection Services Limited has 1 employee and maintains cash reserves of £13.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017
Turnover54,20845,75158,12159,55977,14249,50045,654
Other Income Or Grants0000000
Cost Of Sales29,77925,45332,24332,57340,92626,46622,399
Gross Profit24,43020,29725,87926,98536,21523,03423,255
Admin Expenses28,69122,99831,51629,74132,25930,167936
Operating Profit-4,261-2,701-5,637-2,7563,956-7,13322,319
Interest Payable0000000
Interest Receivable720241383615613246
Pre-Tax Profit-3,541-2,460-5,599-2,7204,111-7,00122,365
Tax0000-7810-4,249
Profit After Tax-3,541-2,460-5,599-2,7203,330-7,00118,116
Dividends Paid0000000
Retained Profit-3,541-2,460-5,599-2,7203,330-7,00118,116
Employee Costs49,39945,78344,48643,28744,54043,22342,134
Number Of Employees1111111
EBITDA*-4,068-2,572-5,637-2,5754,174-6,91622,355

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017
Tangible Assets76996200181399616
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets76996200181399616
Stock & work in progress0000000
Trade Debtors1,9163,5994,1263,7458,0971,727963
Group Debtors0000000
Misc Debtors1,37514800000
Cash13,83418,18129,98045,17425,92115,57337,033
misc current assets0000000
total current assets17,12521,92834,10648,91934,01817,30037,996
total assets17,89422,89034,10648,91934,19917,69938,612
Bank overdraft0000000
Bank loan0000000
Trade Creditors 022500000
Group/Directors Accounts02,4343010000
other short term finances0000000
hp & lease commitments0000000
other current liabilities17,76816,38127,67837,19306,50720,378
total current liabilities17,76819,04027,97937,19319,7196,50720,378
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions018300076117
total long term liabilities0183003476117
total liabilities17,76819,22327,97937,19319,7536,58320,495
net assets1263,6676,12711,72614,44611,11618,117
total shareholders funds1263,6676,12711,72614,44611,11618,117
May 2023May 2022May 2021May 2020May 2019May 2018May 2017
Operating Activities
Operating Profit-4,261-2,701-5,637-2,7563,956-7,13322,319
Depreciation193129018121821736
Amortisation0000000
Tax0000-7810-4,249
Stock0000000
Debtors-456-379381-4,3526,370764963
Creditors-22522500000
Accruals and Deferred Income1,387-11,297-9,51537,193-6,507-13,87120,378
Deferred Taxes & Provisions-18318300-76-41117
Cash flow from operations-2,633-13,082-15,53338,970-9,560-21,59237,638
Investing Activities
capital expenditure0-1,0910000-652
Change in Investments0000000
cash flow from investments0-1,0910000-652
Financing Activities
Bank loans0000000
Group/Directors Accounts-2,4342,1333010000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000001
interest720241383615613246
cash flow from financing-1,7142,3743393615613247
cash and cash equivalents
cash-4,347-11,799-15,19419,25310,348-21,46037,033
overdraft0000000
change in cash-4,347-11,799-15,19419,25310,348-21,46037,033

m.e.a inspection services 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.e.a Inspection Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for m.e.a inspection services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WN6 area or any other competitors across 12 key performance metrics.

m.e.a inspection services limited Ownership

M.E.A INSPECTION SERVICES LIMITED group structure

M.E.A Inspection Services Limited has no subsidiary companies.

Ultimate parent company

M.E.A INSPECTION SERVICES LIMITED

10177208

M.E.A INSPECTION SERVICES LIMITED Shareholders

matthew adams 100%

m.e.a inspection services limited directors

M.E.A Inspection Services Limited currently has 1 director, Mr Matthew Adams serving since May 2016.

officercountryagestartendrole
Mr Matthew AdamsEngland43 years May 2016- Director

P&L

May 2023

turnover

54.2k

+18%

operating profit

-4.3k

0%

gross margin

45.1%

+1.58%

turnover

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

Balance Sheet

May 2023

net assets

126

-0.97%

total assets

17.9k

-0.22%

cash

13.8k

-0.24%

net assets

Total assets minus all liabilities

m.e.a inspection services limited company details

company number

10177208

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

May 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

May 2023

previous names

N/A

accountant

THE FAX FARM

auditor

-

address

98 appley lane north, appley bridge, wigan, lancashire, WN6 9AQ

Bank

-

Legal Advisor

-

m.e.a inspection services 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.e.a inspection services limited.

charges

m.e.a inspection services limited Companies House Filings - See Documents

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