maine distribution uk ltd
maine distribution uk ltd Company Information
Company Number
10519236
Registered Address
office 2707, sugar mill, oakhurst road, leeds, LS11 7HL
Industry
Wholesale of other intermediate products
Telephone
-
Next Accounts Due
348 days late
Group Structure
View All
Shareholders
stephen sadler 100%
maine distribution uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MAINE DISTRIBUTION UK LTD at £2.8m based on a Turnover of £7.5m and 0.38x industry multiple (adjusted for size and gross margin).
maine distribution uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MAINE DISTRIBUTION UK LTD at £2.7m based on an EBITDA of £813.8k and a 3.27x industry multiple (adjusted for size and gross margin).
maine distribution uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MAINE DISTRIBUTION UK LTD at £8.2m based on Net Assets of £4.7m and 1.75x industry multiple (adjusted for liquidity).
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Maine Distribution Uk Ltd Overview
Maine Distribution Uk Ltd is a live company located in leeds, LS11 7HL with a Companies House number of 10519236. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in December 2016, it's largest shareholder is stephen sadler with a 100% stake. Maine Distribution Uk Ltd is a young, mid sized company, Pomanda has estimated its turnover at £7.5m with low growth in recent years.
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Maine Distribution Uk Ltd Health Check
Pomanda's financial health check has awarded Maine Distribution Uk Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £7.5m, make it smaller than the average company (£14.8m)
£7.5m - Maine Distribution Uk Ltd
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a faster rate (-0.6%)
- Maine Distribution Uk Ltd
-0.6% - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (24.3%)
16.8% - Maine Distribution Uk Ltd
24.3% - Industry AVG
Profitability
an operating margin of 10.8% make it more profitable than the average company (5.6%)
10.8% - Maine Distribution Uk Ltd
5.6% - Industry AVG
Employees
with 48 employees, this is above the industry average (32)
48 - Maine Distribution Uk Ltd
32 - Industry AVG
Pay Structure
on an average salary of £15.9k, the company has a lower pay structure (£43.9k)
£15.9k - Maine Distribution Uk Ltd
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £157k, this is less efficient (£380.1k)
£157k - Maine Distribution Uk Ltd
£380.1k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (60 days)
28 days - Maine Distribution Uk Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (32 days)
19 days - Maine Distribution Uk Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 51 days, this is in line with average (62 days)
51 days - Maine Distribution Uk Ltd
62 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 109 weeks, this is more cash available to meet short term requirements (17 weeks)
109 weeks - Maine Distribution Uk Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.4%, this is a lower level of debt than the average (46.5%)
8.4% - Maine Distribution Uk Ltd
46.5% - Industry AVG
MAINE DISTRIBUTION UK LTD financials
Maine Distribution Uk Ltd's latest turnover from December 2021 is £7.5 million and the company has net assets of £4.7 million. According to their latest financial statements, Maine Distribution Uk Ltd has 48 employees and maintains cash reserves of £903.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Turnover | 7,536,542 | 6,771,958 | |||
| Other Income Or Grants | 0 | 0 | |||
| Cost Of Sales | 6,268,572 | 5,540,746 | |||
| Gross Profit | 1,267,970 | 1,231,212 | |||
| Admin Expenses | 454,164 | 412,762 | |||
| Operating Profit | 813,806 | 818,450 | |||
| Interest Payable | 7,932 | 6,273 | |||
| Interest Receivable | 125 | 200 | |||
| Pre-Tax Profit | 805,999 | 812,377 | |||
| Tax | 0 | 0 | |||
| Profit After Tax | 805,999 | 812,377 | |||
| Dividends Paid | 100,000 | 50,000 | |||
| Retained Profit | 705,999 | 762,377 | |||
| Employee Costs | 761,799 | 739,978 | |||
| Number Of Employees | 48 | 45 | 35 | 60 | |
| EBITDA* | 813,806 | 818,450 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,587,332 | 2,339,402 | 1,879,255 | 1,685,401 | 1,453,151 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,587,332 | 2,339,402 | 1,879,255 | 1,685,401 | 1,453,151 |
| Stock & work in progress | 880,510 | 879,032 | 829,700 | 751,840 | 702,889 |
| Trade Debtors | 578,899 | 524,646 | 498,730 | 415,983 | 379,173 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 149,140 | 145,059 | 0 | 0 | 0 |
| Cash | 903,903 | 483,640 | 365,801 | 109,702 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,512,452 | 2,032,377 | 1,694,231 | 1,277,525 | 1,082,062 |
| total assets | 5,099,784 | 4,371,779 | 3,573,486 | 2,962,926 | 2,535,213 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 336,418 | 324,961 | 369,871 | 298,094 | 258,112 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 91,375 | 80,826 | 0 | 0 | 0 |
| total current liabilities | 427,793 | 405,787 | 369,871 | 298,094 | 258,112 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 427,793 | 405,787 | 369,871 | 298,094 | 258,112 |
| net assets | 4,671,991 | 3,965,992 | 3,203,615 | 2,664,832 | 2,277,101 |
| total shareholders funds | 4,671,991 | 3,965,992 | 3,203,615 | 2,664,832 | 2,277,101 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 813,806 | 818,450 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | |||
| Stock | 1,478 | 49,332 | 77,860 | 48,951 | 702,889 |
| Debtors | 58,334 | 170,975 | 82,747 | 36,810 | 379,173 |
| Creditors | 11,457 | -44,910 | 71,777 | 39,982 | 258,112 |
| Accruals and Deferred Income | 10,549 | 80,826 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 776,000 | 634,059 | |||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -7,807 | -6,073 | |||
| cash flow from financing | -7,807 | -6,073 | |||
| cash and cash equivalents | |||||
| cash | 420,263 | 117,839 | 256,099 | 109,702 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 420,263 | 117,839 | 256,099 | 109,702 | 0 |
maine distribution uk ltd Credit Report and Business Information
Maine Distribution Uk Ltd Competitor Analysis
Perform a competitor analysis for maine distribution uk ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in LS11 area or any other competitors across 12 key performance metrics.
maine distribution uk ltd Ownership
MAINE DISTRIBUTION UK LTD group structure
Maine Distribution Uk Ltd has no subsidiary companies.
Ultimate parent company
MAINE DISTRIBUTION UK LTD
10519236
maine distribution uk ltd directors
Maine Distribution Uk Ltd currently has 2 directors. The longest serving directors include Mr Stephen Sadler (Dec 2016) and Mr Osman Ali (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Sadler | United Kingdom | 61 years | Dec 2016 | - | Director |
| Mr Osman Ali | United Kingdom | 32 years | Mar 2022 | - | Director |
P&L
December 2021turnover
7.5m
+11%
operating profit
813.8k
-1%
gross margin
16.9%
-7.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
4.7m
+0.18%
total assets
5.1m
+0.17%
cash
903.9k
+0.87%
net assets
Total assets minus all liabilities
maine distribution uk ltd company details
company number
10519236
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
December 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2021
address
office 2707, sugar mill, oakhurst road, leeds, LS11 7HL
accountant
-
auditor
-
maine distribution uk 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 maine distribution uk ltd.
maine distribution uk ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
