mep pro ltd

4.5

mep pro ltd Company Information

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Company Number

10297684

Website

-

Registered Address

first floor 39 high street, billericay, essex, CM12 9BA

Industry

Other business support service activities n.e.c.

 

Telephone

-

Next Accounts Due

November 2024

Group Structure

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Directors

Peter Gardner8 Years

Olga Gardner7 Years

Shareholders

peter james gardner 99%

olga gardner 1%

mep pro ltd Estimated Valuation

£456.4k

Pomanda estimates the enterprise value of MEP PRO LTD at £456.4k based on a Turnover of £1.1m and 0.42x industry multiple (adjusted for size and gross margin).

mep pro ltd Estimated Valuation

£470.7k

Pomanda estimates the enterprise value of MEP PRO LTD at £470.7k based on an EBITDA of £147.5k and a 3.19x industry multiple (adjusted for size and gross margin).

mep pro ltd Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of MEP PRO LTD at £2.1m based on Net Assets of £801.1k and 2.57x industry multiple (adjusted for liquidity).

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Mep Pro Ltd Overview

Mep Pro Ltd is a live company located in essex, CM12 9BA with a Companies House number of 10297684. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2016, it's largest shareholder is peter james gardner with a 99% stake. Mep Pro Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.

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Mep Pro Ltd Health Check

Pomanda's financial health check has awarded Mep Pro Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£3.3m)

£1.1m - Mep Pro Ltd

£3.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (3.7%)

27% - Mep Pro Ltd

3.7% - Industry AVG

production

Production

with a gross margin of 17.6%, this company has a higher cost of product (38.9%)

17.6% - Mep Pro Ltd

38.9% - Industry AVG

profitability

Profitability

an operating margin of 13.5% make it more profitable than the average company (6.5%)

13.5% - Mep Pro Ltd

6.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (21)

2 - Mep Pro Ltd

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)

£46.3k - Mep Pro Ltd

£46.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £546.8k, this is more efficient (£145.6k)

£546.8k - Mep Pro Ltd

£145.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 164 days, this is later than average (41 days)

164 days - Mep Pro Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 79 days, this is slower than average (34 days)

79 days - Mep Pro Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mep Pro Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mep Pro Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.7%, this is a lower level of debt than the average (62.6%)

19.7% - Mep Pro Ltd

62.6% - Industry AVG

MEP PRO LTD financials

EXPORTms excel logo

Mep Pro Ltd's latest turnover from February 2023 is estimated at £1.1 million and the company has net assets of £801.1 thousand. According to their latest financial statements, Mep Pro Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017
Turnover1,093,531664,140584,358534,486521,486730,738448,334
Other Income Or Grants0000000
Cost Of Sales901,048552,232495,755444,648434,180607,987370,647
Gross Profit192,483111,90788,60389,83887,306122,75177,687
Admin Expenses44,979-333,88418,67092,38375,260-107,028-9,464
Operating Profit147,504445,79169,933-2,54512,046229,77987,151
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit147,504445,79169,933-2,54512,046229,77987,151
Tax-28,026-84,700-13,2870-2,289-43,658-16,559
Profit After Tax119,478361,09156,646-2,5459,757186,12170,592
Dividends Paid0000000
Retained Profit119,478361,09156,646-2,5459,757186,12170,592
Employee Costs92,66889,57885,00182,91282,651117,656113,901
Number Of Employees2222233
EBITDA*147,504445,79169,933-2,54512,046229,77987,151

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017
Tangible Assets501,902508,85577,05033,50543,3928,8265,195
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets501,902508,85577,05033,50543,3928,8265,195
Stock & work in progress0000000
Trade Debtors491,454298,965213,328258,124257,611359,983172,866
Group Debtors0000000
Misc Debtors4,552000000
Cash0000000
misc current assets0030,1930000
total current assets496,006298,965243,521258,124257,611359,983172,866
total assets997,908807,820320,571291,629301,003368,809178,061
Bank overdraft0000000
Bank loan0000000
Trade Creditors 196,768126,158027,70434,53372,096107,469
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities196,768126,158027,70434,53372,096107,469
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000040,0000
other liabilities0000000
provisions0000000
total long term liabilities0000040,0000
total liabilities196,768126,158027,70434,533112,096107,469
net assets801,140681,662320,571263,925266,470256,71370,592
total shareholders funds801,140681,662320,571263,925266,470256,71370,592
Feb 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017
Operating Activities
Operating Profit147,504445,79169,933-2,54512,046229,77987,151
Depreciation0000000
Amortisation0000000
Tax-28,026-84,700-13,2870-2,289-43,658-16,559
Stock0000000
Debtors197,04185,637-44,796513-102,372187,117172,866
Creditors70,610126,158-27,704-6,829-37,563-35,373107,469
Accruals and Deferred Income0000-40,00040,0000
Deferred Taxes & Provisions0000000
Cash flow from operations-6,953401,61273,738-9,88734,5663,6315,195
Investing Activities
capital expenditure6,953-431,805-43,5459,887-34,566-3,631-5,195
Change in Investments0000000
cash flow from investments6,953-431,805-43,5459,887-34,566-3,631-5,195
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000000
interest0000000
cash flow from financing0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

mep pro ltd 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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Mep Pro Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mep pro ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CM12 area or any other competitors across 12 key performance metrics.

mep pro ltd Ownership

MEP PRO LTD group structure

Mep Pro Ltd has no subsidiary companies.

Ultimate parent company

MEP PRO LTD

10297684

MEP PRO LTD Shareholders

peter james gardner 99.02%
olga gardner 0.98%

mep pro ltd directors

Mep Pro Ltd currently has 2 directors. The longest serving directors include Mr Peter Gardner (Jul 2016) and Mrs Olga Gardner (Mar 2017).

officercountryagestartendrole
Mr Peter GardnerEngland53 years Jul 2016- Director
Mrs Olga GardnerEngland44 years Mar 2017- Director

P&L

February 2023

turnover

1.1m

+65%

operating profit

147.5k

0%

gross margin

17.7%

+4.46%

turnover

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

Balance Sheet

February 2023

net assets

801.1k

+0.18%

total assets

997.9k

+0.24%

cash

0

0%

net assets

Total assets minus all liabilities

mep pro ltd company details

company number

10297684

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2023

previous names

N/A

accountant

LOW TAX LIMITED

auditor

-

address

first floor 39 high street, billericay, essex, CM12 9BA

Bank

-

Legal Advisor

-

mep pro 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 mep pro ltd.

charges

mep pro ltd Companies House Filings - See Documents

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