m.e.a inspection services limited Company Information
Company Number
10177208
Next Accounts
Feb 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Directors
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
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
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
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
2 Strong
2 Regular
6 Weak
Size
annual sales of £54.2k, make it smaller than the average company (£1.8m)
- M.e.a Inspection Services Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.9%)
- M.e.a Inspection Services Limited
5.9% - Industry AVG
Production
with a gross margin of 45.1%, this company has a comparable cost of product (45.1%)
- M.e.a Inspection Services Limited
45.1% - Industry AVG
Profitability
an operating margin of -7.9% make it less profitable than the average company (6.2%)
- M.e.a Inspection Services Limited
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - M.e.a Inspection Services Limited
16 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- M.e.a Inspection Services Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £54.2k, this is less efficient (£117.9k)
- M.e.a Inspection Services Limited
£117.9k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (56 days)
- M.e.a Inspection Services Limited
56 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- M.e.a Inspection Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M.e.a Inspection Services Limited
- - Industry AVG
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
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
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 House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
---|---|---|---|---|---|---|---|
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
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 769 | 962 | 0 | 0 | 181 | 399 | 616 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 769 | 962 | 0 | 0 | 181 | 399 | 616 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,916 | 3,599 | 4,126 | 3,745 | 8,097 | 1,727 | 963 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,375 | 148 | 0 | 0 | 0 | 0 | 0 |
Cash | 13,834 | 18,181 | 29,980 | 45,174 | 25,921 | 15,573 | 37,033 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 17,125 | 21,928 | 34,106 | 48,919 | 34,018 | 17,300 | 37,996 |
total assets | 17,894 | 22,890 | 34,106 | 48,919 | 34,199 | 17,699 | 38,612 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 225 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 2,434 | 301 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 17,768 | 16,381 | 27,678 | 37,193 | 0 | 6,507 | 20,378 |
total current liabilities | 17,768 | 19,040 | 27,979 | 37,193 | 19,719 | 6,507 | 20,378 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 183 | 0 | 0 | 0 | 76 | 117 |
total long term liabilities | 0 | 183 | 0 | 0 | 34 | 76 | 117 |
total liabilities | 17,768 | 19,223 | 27,979 | 37,193 | 19,753 | 6,583 | 20,495 |
net assets | 126 | 3,667 | 6,127 | 11,726 | 14,446 | 11,116 | 18,117 |
total shareholders funds | 126 | 3,667 | 6,127 | 11,726 | 14,446 | 11,116 | 18,117 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 193 | 129 | 0 | 181 | 218 | 217 | 36 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -456 | -379 | 381 | -4,352 | 6,370 | 764 | 963 |
Creditors | -225 | 225 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 1,387 | -11,297 | -9,515 | 37,193 | -6,507 | -13,871 | 20,378 |
Deferred Taxes & Provisions | -183 | 183 | 0 | 0 | -76 | -41 | 117 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -2,434 | 2,133 | 301 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | -4,347 | -11,799 | -15,194 | 19,253 | 10,348 | -21,460 | 37,033 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -4,347 | -11,799 | -15,194 | 19,253 | 10,348 | -21,460 | 37,033 |
m.e.a inspection services limited Credit Report and Business Information
M.e.a Inspection Services Limited Competitor Analysis
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 directors
M.E.A Inspection Services Limited currently has 1 director, Mr Matthew Adams serving since May 2016.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Matthew Adams | England | 43 years | May 2016 | - | Director |
P&L
May 2023turnover
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 2023net 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
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.
m.e.a inspection services limited Companies House Filings - See Documents
date | description | view/download |
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