Th Mechanical Engineering (ne) Limited Limited

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th mechanical engineering (ne) limited limited Company Information

Live

YoungMicroLow

Company Number

10193201

Next Accounts

Feb 2025

Industry

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

Directors

Timothy Heslehurst

Shareholders

heslehurst timothy

Group Structure

View All

Contact

Registered Address

beaumont accountancy services, 1st floor enterprise house, middlesbrough, cleveland, TS1 3QW

Website

th mechanical engineering (ne) limited limited Estimated Valuation

£78.3k

Pomanda estimates the enterprise value of TH MECHANICAL ENGINEERING (NE) LIMITED LIMITED at £78.3k based on Net Assets of £35.2k and 2.22x industry multiple (adjusted for liquidity).

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Th Mechanical Engineering (ne) Limited Limited is a live company located in middlesbrough, TS1 3QW with a Companies House number of 10193201. 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 heslehurst timothy with a 100% stake. Th Mechanical Engineering (ne) Limited Limited is a young, micro sized company, Pomanda has estimated its turnover at £124k with low growth in recent years.

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Pomanda's financial health check has awarded Th Mechanical Engineering (Ne) Limited Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

1 Strong

2 Regular

7 Weak

Size

annual sales of £124k, make it smaller than the average company (£1.7m)

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.8%)

EXPORT

Th Mechanical Engineering (Ne) Limited Limited's latest turnover from May 2023 is estimated at £124 thousand and the company has net assets of £35.2 thousand. According to their latest financial statements, Th Mechanical Engineering (Ne) Limited Limited has 2 employees and maintains cash reserves of 0 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	123,951	134,521	216,289	123,586	124,575	105,516	47,826
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	93,117	102,395	167,008	91,400	92,434	78,261	35,166
Gross Profit	30,835	32,126	49,281	32,186	32,141	27,255	12,660
Admin Expenses	44,202	62,726	7,919	21,416	13,997	-81	12,487
Operating Profit	-13,367	-30,600	41,362	10,770	18,144	27,336	173
Interest Payable	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0
Pre-Tax Profit	-13,367	-30,600	41,362	10,770	18,144	27,336	173
Tax	0	0	-7,859	-2,046	-3,447	-5,194	-33
Profit After Tax	-13,367	-30,600	33,503	8,724	14,697	22,142	140
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	-13,367	-30,600	33,503	8,724	14,697	22,142	140
Employee Costs	98,702	91,504	88,942	43,142	44,474	43,221	42,038
Number Of Employees	2	2	2	1	1	1	1
EBITDA*	-13,367	-30,600	41,362	10,770	18,144	27,336	173

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017
Tangible Assets	646	861	1,148	731	974	1,299	1,282
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	646	861	1,148	731	974	1,299	1,282
Stock & work in progress	0	0	0	0	0	0	0
Trade Debtors	44,000	54,982	96,587	54,437	53,858	36,482	14,086
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0
misc current assets	0	0	0	0	0	0	0
total current assets	44,000	54,982	96,587	54,437	53,858	36,482	14,086
total assets	44,646	55,843	97,735	55,168	54,832	37,781	15,368
Bank overdraft	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0
Trade Creditors	8,567	6,397	17,829	8,765	17,049	15,499	15,228
Group/Directors Accounts	0	0	0	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	0	0	0	0	0	0	0
total current liabilities	8,567	6,397	17,829	8,765	17,049	15,499	15,228
loans	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0
Accruals and Deferred Income	840	840	700	700	804	0	0
other liabilities	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0
total long term liabilities	840	840	700	700	804	0	0
total liabilities	9,407	7,237	18,529	9,465	17,853	15,499	15,228
net assets	35,239	48,606	79,206	45,703	36,979	22,282	140
total shareholders funds	35,239	48,606	79,206	45,703	36,979	22,282	140

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017
Operating Activities
Operating Profit	-13,367	-30,600	41,362	10,770	18,144	27,336	173
Depreciation	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0
Tax	0	0	-7,859	-2,046	-3,447	-5,194	-33
Stock	0	0	0	0	0	0	0
Debtors	-10,982	-41,605	42,150	579	17,376	22,396	14,086
Creditors	2,170	-11,432	9,064	-8,284	1,550	271	15,228
Accruals and Deferred Income	0	140	0	-104	804	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0
Cash flow from operations	-215	-287	417	-243	-325	17	1,282
Investing Activities
capital expenditure	215	287	-417	243	325	-17	-1,282
Change in Investments	0	0	0	0	0	0	0
cash flow from investments	215	287	-417	243	325	-17	-1,282
Financing Activities
Bank loans	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	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	0	0	0	0	0	0	0
interest	0	0	0	0	0	0	0
cash flow from financing	0	0	0	0	0	0	0
cash and cash equivalents
cash	0	0	0	0	0	0	0
overdraft	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for th mechanical engineering (ne) limited limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TS1 area or any other competitors across 12 key performance metrics.

TH MECHANICAL ENGINEERING (NE) LIMITED LIMITED group structure

Th Mechanical Engineering (Ne) Limited Limited has no subsidiary companies.

Ultimate parent company

TH MECHANICAL ENGINEERING (NE) LIMITED LIMITED

10193201

TH MECHANICAL ENGINEERING (NE) LIMITED LIMITED Shareholders

heslehurst timothy

100%

Th Mechanical Engineering (Ne) Limited Limited currently has 1 director, Mr Timothy Heslehurst serving since May 2016.

officer	country	age	start	end	role
Mr Timothy Heslehurst	England	54 years	May 2016	-	Director

P&L

May 2023

turnover

124k

-8%

operating profit

-13.4k

gross margin

24.9%

+4.17%

turnover

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

Balance Sheet

May 2023

net assets

35.2k

-0.28%

total assets

44.6k

-0.2%

cash

net assets

Total assets minus all liabilities

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company number

10193201

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

ultimate parent company

None

previous names

N/A

address

beaumont accountancy services, 1st floor enterprise house, middlesbrough, cleveland, TS1 3QW

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 th mechanical engineering (ne) limited limited.

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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th mechanical engineering (ne) limited limited Company Information

th mechanical engineering (ne) limited limited Estimated Valuation

th mechanical engineering (ne) limited limited Estimated Valuation

th mechanical engineering (ne) limited limited Estimated Valuation

Th Mechanical Engineering (ne) Limited Limited Overview

Th Mechanical Engineering (ne) Limited Limited Health Check

TH MECHANICAL ENGINEERING (NE) LIMITED LIMITED financials

th mechanical engineering (ne) limited limited Credit Report and Business Information

Th Mechanical Engineering (ne) Limited Limited Competitor Analysis

th mechanical engineering (ne) limited limited Ownership

th mechanical engineering (ne) limited limited directors

th mechanical engineering (ne) limited limited company details

th mechanical engineering (ne) limited limited Charges & Mortgages

th mechanical engineering (ne) limited limited Capital Raised & Share Issues BETA

th mechanical engineering (ne) limited limited Companies House Filings - See Documents