Mwam Specialist Engineers Limited

POWER SEARCH PRICING

SOLUTIONS

mwam specialist engineers limited Company Information

Live

YoungSmallHealthy

Company Number

10416161

Website

www.mwamspecialistengineers.co.uk

Registered Address

rowan house 7 west bank, scarborough, YO12 4DX

Industry

Machining

Manufacture of other fabricated metal products n.e.c.

Telephone

01653693615

Next Accounts Due

July 2025

Group Structure

View All

Directors

Michael Cook8 Years

William Hodsman-Summers8 Years

View All

Shareholders

mwam holdings limited 100%

mwam specialist engineers limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of MWAM SPECIALIST ENGINEERS LIMITED at £1.2m based on Net Assets of £642.2k and 1.85x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Mwam Specialist Engineers Limited is a live company located in scarborough, YO12 4DX with a Companies House number of 10416161. It operates in the machining sector, SIC Code 25620. Founded in October 2016, it's largest shareholder is mwam holdings limited with a 100% stake. Mwam Specialist Engineers Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Mwam Specialist Engineers Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £1.6m, make it smaller than the average company (£11.5m)

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.3%)

EXPORT

Mwam Specialist Engineers Limited's latest turnover from October 2023 is estimated at £1.6 million and the company has net assets of £642.2 thousand. According to their latest financial statements, Mwam Specialist Engineers Limited has 16 employees and maintains cash reserves of £169.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017
Turnover	1,568,807	1,557,555	2,132,695	1,228,665	842,904	423,852	253,919
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	1,116,765	1,116,587	1,539,081	871,662	598,099	297,258	176,265
Gross Profit	452,042	440,967	593,614	357,002	244,805	126,594	77,654
Admin Expenses	535,647	268,114	291,627	118,475	157,585	67,238	29,136
Operating Profit	-83,605	172,853	301,987	238,527	87,220	59,356	48,518
Interest Payable	5,526	9,656	8,911	5,281	2,063	2,675	1,023
Interest Receivable	13,927	6,388	183	111	137	6	0
Pre-Tax Profit	-75,205	169,584	293,259	233,357	85,294	56,686	47,495
Tax	0	-32,221	-55,719	-44,338	-16,206	-10,770	-9,024
Profit After Tax	-75,205	137,363	237,540	189,019	69,088	45,916	38,471
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	-75,205	137,363	237,540	189,019	69,088	45,916	38,471
Employee Costs	658,030	729,732	556,004	445,691	286,768	138,069	137,022
Number Of Employees	16	19	15	12	8	4	4
EBITDA*	-22,335	208,999	342,566	266,291	111,844	77,107	55,283

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017
Tangible Assets	388,617	319,155	340,012	217,466	194,432	191,582	50,788
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	388,617	319,155	340,012	217,466	194,432	191,582	50,788
Stock & work in progress	140,500	140,700	140,000	75,000	23,000	22,450	3,450
Trade Debtors	349,123	384,921	745,603	351,329	253,832	125,121	62,862
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	20,255	2,127	2,093	1,796	3,108	1,885	1,480
Cash	169,128	387,947	179,842	186,584	35,011	1,410	210
misc current assets	0	0	0	0	0	0	0
total current assets	679,006	915,695	1,067,538	614,709	314,951	150,866	68,002
total assets	1,067,623	1,234,850	1,407,550	832,175	509,383	342,448	118,790
Bank overdraft	0	33,333	33,333	6,000	5,160	32,395	10,418
Bank loan	0	0	0	0	0	0	0
Trade Creditors	102,144	48,557	86,302	37,483	63,214	35,988	10,445
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	26,614	43,469	27,364	26,263	24,182	0
other current liabilities	235,754	255,396	439,351	199,104	161,905	47,645	31,144
total current liabilities	337,898	363,900	602,455	269,951	256,542	140,210	52,007
loans	0	67,147	100,279	152,548	9,430	14,127	22,333
hp & lease commitments	0	25,751	60,164	25,847	53,211	79,474	0
Accruals and Deferred Income	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0
provisions	87,517	60,639	64,602	41,319	36,709	24,234	5,963
total long term liabilities	87,517	153,537	225,045	219,714	99,350	117,835	28,296
total liabilities	425,415	517,437	827,500	489,665	355,892	258,045	80,303
net assets	642,208	717,413	580,050	342,510	153,491	84,403	38,487
total shareholders funds	642,208	717,413	580,050	342,510	153,491	84,403	38,487

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017
Operating Activities
Operating Profit	-83,605	172,853	301,987	238,527	87,220	59,356	48,518
Depreciation	61,270	36,146	40,579	27,764	24,624	17,751	6,765
Amortisation	0	0	0	0	0	0	0
Tax	0	-32,221	-55,719	-44,338	-16,206	-10,770	-9,024
Stock	-200	700	65,000	52,000	550	19,000	3,450
Debtors	-17,670	-360,648	394,571	96,185	129,934	62,664	64,342
Creditors	53,587	-37,745	48,819	-25,731	27,226	25,543	10,445
Accruals and Deferred Income	-19,642	-183,955	240,247	37,199	114,260	16,501	31,144
Deferred Taxes & Provisions	26,878	-3,963	23,283	4,610	12,475	18,271	5,963
Cash flow from operations	56,358	311,063	139,625	89,846	119,115	44,988	26,019
Investing Activities
capital expenditure	-130,732	-15,289	-163,125	-50,798	-27,474	-158,545	-57,553
Change in Investments	0	0	0	0	0	0	0
cash flow from investments	-130,732	-15,289	-163,125	-50,798	-27,474	-158,545	-57,553
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	-67,147	-33,132	-52,269	143,118	-4,697	-8,206	22,333
Hire Purchase and Lease Commitments	-52,365	-51,268	50,422	-26,263	-24,182	103,656	0
other long term liabilities	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	16
interest	8,401	-3,268	-8,728	-5,170	-1,926	-2,669	-1,023
cash flow from financing	-111,111	-87,668	-10,575	111,685	-30,805	92,781	21,326
cash and cash equivalents
cash	-218,819	208,105	-6,742	151,573	33,601	1,200	210
overdraft	-33,333	0	27,333	840	-27,235	21,977	10,418
change in cash	-185,486	208,105	-34,075	150,733	60,836	-20,777	-10,208

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for mwam specialist engineers limited. Get real-time insights into mwam specialist engineers limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for mwam specialist engineers limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in YO12 area or any other competitors across 12 key performance metrics.

MWAM SPECIALIST ENGINEERS LIMITED group structure

Mwam Specialist Engineers Limited has no subsidiary companies.

Ultimate parent company

MWAM SPECIALIST ENGINEERS LIMITED

10416161

MWAM SPECIALIST ENGINEERS LIMITED Shareholders

mwam holdings limited

100%

Mwam Specialist Engineers Limited currently has 4 directors. The longest serving directors include Mr Michael Cook (Oct 2016) and Mr William Hodsman-Summers (Oct 2016).

officer	country	age	start	end	role
Mr Michael Cook	United Kingdom	51 years	Oct 2016	-	Director
Mr William Hodsman-Summers	England	28 years	Oct 2016	-	Director
Mr Matthew McGibbon	United Kingdom	38 years	Apr 2022	-	Director
Mr Andrew Pratt	United Kingdom	41 years	Apr 2022	-	Director

P&L

October 2023

turnover

1.6m

+1%

operating profit

-83.6k

gross margin

28.9%

+1.78%

turnover

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

Balance Sheet

October 2023

net assets

642.2k

-0.1%

total assets

1.1m

-0.14%

cash

169.1k

-0.56%

net assets

Total assets minus all liabilities

Similar Companies

pell & baldwin (fabrications) limited

4.5

verulam engineering limited

1.5

burbridge 2000 limited

1.5

elan precision limited

3.5

arconia engineering ltd

4.5

company number

10416161

Type

Private limited with Share Capital

industry

25620 - Machining

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

October 2016

ultimate parent company

None

previous names

N/A

address

rowan house 7 west bank, scarborough, YO12 4DX

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 mwam specialist engineers limited.

mwam specialist engineers limited Company Information

mwam specialist engineers limited Estimated Valuation

mwam specialist engineers limited Estimated Valuation

mwam specialist engineers limited Estimated Valuation

Mwam Specialist Engineers Limited Overview

Mwam Specialist Engineers Limited Health Check

MWAM SPECIALIST ENGINEERS LIMITED financials

mwam specialist engineers limited Credit Report and Business Information

Mwam Specialist Engineers Limited Competitor Analysis

mwam specialist engineers limited Ownership

mwam specialist engineers limited directors

mwam specialist engineers limited company details

mwam specialist engineers limited Charges & Mortgages

mwam specialist engineers limited Companies House Filings - See Documents