Pomanda estimates the enterprise value of MERIT PROCESS SYSTEMS LIMITED at £181.7k based on a Turnover of £483.5k and 0.38x industry multiple (adjusted for size and gross margin).
merit process systems limitedEstimated Valuation
£75.7k
Pomanda estimates the enterprise value of MERIT PROCESS SYSTEMS LIMITED at £75.7k based on an EBITDA of £26.2k and a 2.89x industry multiple (adjusted for size and gross margin).
merit process systems limitedEstimated Valuation
£53.5k
Pomanda estimates the enterprise value of MERIT PROCESS SYSTEMS LIMITED at £53.5k based on Net Assets of £26.2k and 2.04x industry multiple (adjusted for liquidity).
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Merit Process Systems LimitedOverview
Merit Process Systems Limited is a live company located in cramlington, NE23 7RY with a Companies House number of 10618786. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in February 2017, it's largest shareholder is
merit group services
with a 100% stake. Merit Process Systems Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£483.5k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Merit Process Systems Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £483.5k, make it smaller than the average company (£5.7m)
£483.5k - Merit Process Systems Limited
£5.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Merit Process Systems Limited
- - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (40.4%)
19.9% - Merit Process Systems Limited
40.4% - Industry AVG
Profitability
an operating margin of 5.4% make it as profitable than the average company (6.3%)
5.4% - Merit Process Systems Limited
6.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (34)
4 - Merit Process Systems Limited
34 - Industry AVG
Pay Structure
on an average salary of £51.3k, the company has an equivalent pay structure (£51.3k)
£51.3k - Merit Process Systems Limited
£51.3k - Industry AVG
Efficiency
resulting in sales per employee of £120.9k, this is equally as efficient (£137.3k)
£120.9k - Merit Process Systems Limited
£137.3k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (60 days)
5 days - Merit Process Systems Limited
60 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Merit Process Systems Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Merit Process Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (18 weeks)
4 weeks - Merit Process Systems Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.9%, this is a higher level of debt than the average (50%)
95.9% - Merit Process Systems Limited
50% - Industry AVG
MERIT PROCESS SYSTEMS LIMITED financials
EXPORT
Merit Process Systems Limited's latest turnover from June 2024 is £483.5 thousand and the company has net assets of £26.2 thousand. According to their latest financial statements, we estimate that Merit Process Systems Limited has 4 employees and maintains cash reserves of £50 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
483,549
Other Income Or Grants
Cost Of Sales
387,374
Gross Profit
96,175
Admin Expenses
70,000
Operating Profit
26,175
Interest Payable
Interest Receivable
Pre-Tax Profit
26,175
Tax
Profit After Tax
26,175
Dividends Paid
Retained Profit
26,175
Employee Costs
205,056
Number Of Employees
4
EBITDA*
26,175
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
Intangible Assets
Investments & Other
1
1
1
1
Debtors (Due After 1 year)
Total Fixed Assets
1
1
1
1
Stock & work in progress
Trade Debtors
7,594
Group Debtors
577,666
Misc Debtors
Cash
50,026
misc current assets
total current assets
635,286
total assets
635,286
1
1
1
1
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
578,897
other short term finances
hp & lease commitments
other current liabilities
30,213
total current liabilities
609,110
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
609,110
net assets
26,176
1
1
1
1
total shareholders funds
26,176
1
1
1
1
Jun 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
26,175
Depreciation
Amortisation
Tax
Stock
Debtors
585,260
Creditors
Accruals and Deferred Income
30,213
Deferred Taxes & Provisions
Cash flow from operations
-528,872
Investing Activities
capital expenditure
Change in Investments
-1
1
cash flow from investments
1
-1
Financing Activities
Bank loans
Group/Directors Accounts
578,897
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
cash flow from financing
578,897
1
cash and cash equivalents
cash
50,026
overdraft
change in cash
50,026
merit process systems limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for merit process systems limited. Get real-time insights into merit process systems limited's credit score, group structure and payment trends.
Perform a competitor analysis for merit process systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NE23 area or any other competitors across 12 key performance metrics.
merit process systems limited Ownership
MERIT PROCESS SYSTEMS LIMITED group structure
Merit Process Systems Limited has no subsidiary companies.
The sole shareholder of Merit Process Systems Limited is Merit Group Services.
merit group services
100%
merit process systems limited directors
Merit Process Systems Limited currently has 2 directors.
The longest serving directors include
Mr Matthew McGrady (Mar 2017) and
Mr Tony Wells (Mar 2017).
8 silverton court, northumberland business park, cramlington, NE23 7RY
Bank
SANTANDER, SANTANDER
Legal Advisor
MUCKLE LLP
merit process systems 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 found 2 charges/mortgages relating to merit process systems limited. Currently there are 1 open charges and 1 have been satisfied in the past.
merit process systems limited Capital Raised & Share Issues BETA
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.
Click to start generating capital raising & share issue transactions for MERIT PROCESS SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.
merit process systems limitedCompanies House Filings - See Documents
