maffeis engineering (uk) limited
maffeis engineering (uk) limited Company Information
Company Number
10788504
Next Accounts
Sep 2025
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Shareholders
maffeis engineering spa
Group Structure
View All
Contact
Registered Address
150 holborn holborn, london, EC1N 2NS
Website
maffeis.itmaffeis engineering (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MAFFEIS ENGINEERING (UK) LIMITED at £253.4k based on a Turnover of £465.1k and 0.54x industry multiple (adjusted for size and gross margin).
maffeis engineering (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MAFFEIS ENGINEERING (UK) LIMITED at £87.9k based on an EBITDA of £18.2k and a 4.84x industry multiple (adjusted for size and gross margin).
maffeis engineering (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MAFFEIS ENGINEERING (UK) LIMITED at £433.7k based on Net Assets of £172.7k and 2.51x industry multiple (adjusted for liquidity).
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Maffeis Engineering (uk) Limited Overview
Maffeis Engineering (uk) Limited is a live company located in london, EC1N 2NS with a Companies House number of 10788504. It operates in the other engineering activities sector, SIC Code 71129. Founded in May 2017, it's largest shareholder is maffeis engineering spa with a 100% stake. Maffeis Engineering (uk) Limited is a young, micro sized company, Pomanda has estimated its turnover at £465.1k with declining growth in recent years.
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Maffeis Engineering (uk) Limited Health Check
Pomanda's financial health check has awarded Maffeis Engineering (Uk) Limited a 3 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
1 Strong
5 Regular
5 Weak
Size
annual sales of £465.1k, make it smaller than the average company (£5.2m)
£465.1k - Maffeis Engineering (uk) Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.7%)
- Maffeis Engineering (uk) Limited
7.7% - Industry AVG
Production
with a gross margin of 32.9%, this company has a comparable cost of product (31.8%)
32.9% - Maffeis Engineering (uk) Limited
31.8% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (5.3%)
3.8% - Maffeis Engineering (uk) Limited
5.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (36)
4 - Maffeis Engineering (uk) Limited
36 - Industry AVG
Pay Structure
on an average salary of £55.6k, the company has an equivalent pay structure (£55.6k)
- Maffeis Engineering (uk) Limited
£55.6k - Industry AVG
Efficiency
resulting in sales per employee of £116.3k, this is equally as efficient (£128.1k)
£116.3k - Maffeis Engineering (uk) Limited
£128.1k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is near the average (67 days)
72 days - Maffeis Engineering (uk) Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (27 days)
1 days - Maffeis Engineering (uk) Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Maffeis Engineering (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (16 weeks)
68 weeks - Maffeis Engineering (uk) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.8%, this is a similar level of debt than the average (59.6%)
56.8% - Maffeis Engineering (uk) Limited
59.6% - Industry AVG
MAFFEIS ENGINEERING (UK) LIMITED financials
Maffeis Engineering (Uk) Limited's latest turnover from December 2023 is £465.1 thousand and the company has net assets of £172.7 thousand. According to their latest financial statements, Maffeis Engineering (Uk) Limited has 4 employees and maintains cash reserves of £299.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 465,098 | 370,932 | 663,712 | 471,332 | 251,233 | 236,249 | 13,601 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 311,955 | 146,140 | 452,008 | 306,072 | 150,710 | 123,228 | 0 |
| Gross Profit | 153,143 | 224,792 | 211,704 | 165,260 | 100,523 | 113,021 | 13,601 |
| Admin Expenses | 135,352 | 134,891 | 108,893 | 137,872 | 87,701 | 98,996 | 61,570 |
| Operating Profit | 17,791 | 89,901 | 102,811 | 27,388 | 12,822 | 14,025 | -47,969 |
| Interest Payable | 884 | 379 | 16 | 14 | 5 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 16,907 | 89,522 | 102,795 | 27,374 | 12,817 | 14,025 | -47,969 |
| Tax | -4,648 | -16,801 | -19,605 | -1,693 | 0 | 0 | 0 |
| Profit After Tax | 12,259 | 72,721 | 83,190 | 25,681 | 12,817 | 14,025 | -47,969 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 12,259 | 72,721 | 83,190 | 25,681 | 12,817 | 14,025 | -47,969 |
| Employee Costs | 0 | 0 | |||||
| Number Of Employees | 4 | 4 | 4 | 5 | 5 | 1 | 1 |
| EBITDA* | 18,177 | 90,287 | 103,004 | 27,388 | 12,822 | 14,025 | -47,969 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 193 | 579 | 965 | 0 | 0 | 0 | 0 |
| 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 | 193 | 579 | 965 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 92,425 | 170,341 | 106,777 | 244,897 | 75,319 | 52,164 | 12,282 |
| Group Debtors | 7,188 | 0 | 0 | 0 | 1,200 | 0 | 0 |
| Misc Debtors | 507 | 448 | 439 | 439 | 419 | 318 | 4,016 |
| Cash | 299,545 | 126,290 | 107,107 | 40,311 | 32,754 | 26,373 | 5,997 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 399,665 | 297,079 | 214,323 | 285,647 | 109,692 | 78,855 | 22,295 |
| total assets | 399,858 | 297,658 | 215,288 | 285,647 | 109,692 | 78,855 | 22,295 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,383 | 5,449 | 1,198 | 1,673 | 4,801 | 3,708 | 287 |
| Group/Directors Accounts | 176,162 | 77,951 | 65,518 | 230,934 | 103,669 | 85,400 | 57,070 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 49,588 | 53,792 | 60,827 | 48,485 | 22,348 | 23,690 | 12,906 |
| total current liabilities | 227,133 | 137,192 | 127,543 | 281,092 | 130,818 | 112,798 | 70,263 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 227,133 | 137,192 | 127,543 | 281,092 | 130,818 | 112,798 | 70,263 |
| net assets | 172,725 | 160,466 | 87,745 | 4,555 | -21,126 | -33,943 | -47,968 |
| total shareholders funds | 172,725 | 160,466 | 87,745 | 4,555 | -21,126 | -33,943 | -47,968 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 17,791 | 89,901 | 102,811 | 27,388 | 12,822 | 14,025 | -47,969 |
| Depreciation | 386 | 386 | 193 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,648 | -16,801 | -19,605 | -1,693 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -70,669 | 63,573 | -138,120 | 168,398 | 24,456 | 36,184 | 16,298 |
| Creditors | -4,066 | 4,251 | -475 | -3,128 | 1,093 | 3,421 | 287 |
| Accruals and Deferred Income | -4,204 | -7,035 | 12,342 | 26,137 | -1,342 | 10,784 | 12,906 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 75,928 | 7,129 | 233,386 | -119,694 | -11,883 | -7,954 | -51,074 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 98,211 | 12,433 | -165,416 | 127,265 | 18,269 | 28,330 | 57,070 |
| 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 | |||||||
| interest | -884 | -379 | -16 | -14 | -5 | 0 | 0 |
| cash flow from financing | 97,327 | 12,054 | -165,432 | 127,251 | 18,264 | 28,330 | 57,071 |
| cash and cash equivalents | |||||||
| cash | 173,255 | 19,183 | 66,796 | 7,557 | 6,381 | 20,376 | 5,997 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 173,255 | 19,183 | 66,796 | 7,557 | 6,381 | 20,376 | 5,997 |
maffeis engineering (uk) limited Credit Report and Business Information
Maffeis Engineering (uk) Limited Competitor Analysis
Perform a competitor analysis for maffeis engineering (uk) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EC1N area or any other competitors across 12 key performance metrics.
maffeis engineering (uk) limited Ownership
MAFFEIS ENGINEERING (UK) LIMITED group structure
Maffeis Engineering (Uk) Limited has no subsidiary companies.
Ultimate parent company
MAFFEIS ENGINEERING (UK) LIMITED
10788504
maffeis engineering (uk) limited directors
Maffeis Engineering (Uk) Limited currently has 4 directors. The longest serving directors include Mr Massimo Maffeis (May 2017) and Mr Charles Malek (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Massimo Maffeis | England | 51 years | May 2017 | - | Director |
| Mr Charles Malek | England | 52 years | May 2017 | - | Director |
| Mr Giovanni Gori | England | 34 years | May 2017 | - | Director |
| Mr Daniel Horner | England | 42 years | Sep 2024 | - | Director |
P&L
December 2023turnover
465.1k
+25%
operating profit
17.8k
-80%
gross margin
33%
-45.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
172.7k
+0.08%
total assets
399.9k
+0.34%
cash
299.5k
+1.37%
net assets
Total assets minus all liabilities
maffeis engineering (uk) limited company details
company number
10788504
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MHA
address
150 holborn holborn, london, EC1N 2NS
Bank
-
Legal Advisor
-
maffeis engineering (uk) 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 did not find charges/mortgages relating to maffeis engineering (uk) limited.
maffeis engineering (uk) 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.
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maffeis engineering (uk) limited Companies House Filings - See Documents
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