mcn (distribution) ltd
mcn (distribution) ltd Company Information
Company Number
10932056
Next Accounts
May 2025
Directors
Shareholders
michael jeffrey sadd
matthew michael sadd
View AllGroup Structure
View All
Industry
Wholesale of wood, construction materials and sanitary equipment
+1Registered Address
6 second avenue, wisbech, cambridgeshire, PE13 2BX
Website
-mcn (distribution) ltd Estimated Valuation
Pomanda estimates the enterprise value of MCN (DISTRIBUTION) LTD at £221.1k based on a Turnover of £629.3k and 0.35x industry multiple (adjusted for size and gross margin).
mcn (distribution) ltd Estimated Valuation
Pomanda estimates the enterprise value of MCN (DISTRIBUTION) LTD at £137.9k based on an EBITDA of £42.8k and a 3.22x industry multiple (adjusted for size and gross margin).
mcn (distribution) ltd Estimated Valuation
Pomanda estimates the enterprise value of MCN (DISTRIBUTION) LTD at £103.3k based on Net Assets of £50.8k and 2.03x industry multiple (adjusted for liquidity).
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Mcn (distribution) Ltd Overview
Mcn (distribution) Ltd is a live company located in cambridgeshire, PE13 2BX with a Companies House number of 10932056. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in August 2017, it's largest shareholder is michael jeffrey sadd with a 33.3% stake. Mcn (distribution) Ltd is a young, small sized company, Pomanda has estimated its turnover at £629.3k with rapid growth in recent years.
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Mcn (distribution) Ltd Health Check
Pomanda's financial health check has awarded Mcn (Distribution) Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £629.3k, make it smaller than the average company (£18.7m)
- Mcn (distribution) Ltd
£18.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (7.9%)
- Mcn (distribution) Ltd
7.9% - Industry AVG
Production
with a gross margin of 19.2%, this company has a higher cost of product (25.7%)
- Mcn (distribution) Ltd
25.7% - Industry AVG
Profitability
an operating margin of 6.8% make it more profitable than the average company (5.6%)
- Mcn (distribution) Ltd
5.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (49)
4 - Mcn (distribution) Ltd
49 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Mcn (distribution) Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £157.3k, this is less efficient (£366.2k)
- Mcn (distribution) Ltd
£366.2k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (50 days)
- Mcn (distribution) Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (41 days)
- Mcn (distribution) Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mcn (distribution) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mcn (distribution) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.4%, this is a higher level of debt than the average (48.3%)
56.4% - Mcn (distribution) Ltd
48.3% - Industry AVG
MCN (DISTRIBUTION) LTD financials
Mcn (Distribution) Ltd's latest turnover from August 2023 is estimated at £629.3 thousand and the company has net assets of £50.8 thousand. According to their latest financial statements, Mcn (Distribution) Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 4 | 4 | 2 | 2 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 7,240 | 8,107 | 16,212 | 24,317 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1 | 1 | 7,240 | 8,107 | 16,212 | 24,317 |
| Stock & work in progress | ||||||
| Trade Debtors | 116,469 | 132,704 | 19,931 | 49,769 | 9,068 | 13,847 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 81,323 | 56,336 | 83,169 | 1,249 | ||
| misc current assets | ||||||
| total current assets | 116,469 | 132,704 | 101,254 | 106,105 | 92,237 | 15,096 |
| total assets | 116,470 | 132,705 | 108,494 | 114,212 | 108,449 | 39,413 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 65,681 | 114,043 | 17,221 | 24,478 | 9,725 | 6,431 |
| Group/Directors Accounts | 37,834 | 48,348 | 35,454 | |||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 39,909 | 35,327 | 33,771 | 495 | ||
| total current liabilities | 65,681 | 114,043 | 94,964 | 108,153 | 43,496 | 42,380 |
| loans | 56,231 | |||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 56,231 | |||||
| total liabilities | 65,681 | 114,043 | 94,964 | 108,153 | 99,727 | 42,380 |
| net assets | 50,789 | 18,662 | 13,530 | 6,059 | 8,722 | -2,967 |
| total shareholders funds | 50,789 | 18,662 | 13,530 | 6,059 | 8,722 | -2,967 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 10,517 | 8,105 | 8,105 | 8,105 | ||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -16,235 | 112,773 | -29,838 | 40,701 | -4,779 | 13,847 |
| Creditors | -48,362 | 96,822 | -7,257 | 14,753 | 3,294 | 6,431 |
| Accruals and Deferred Income | -39,909 | 4,582 | 1,556 | 33,276 | 495 | |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -37,834 | -10,514 | 48,348 | -35,454 | 35,454 | |
| Other Short Term Loans | ||||||
| Long term loans | -56,231 | 56,231 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -81,323 | 24,987 | -26,833 | 81,920 | 1,249 | |
| overdraft | ||||||
| change in cash | -81,323 | 24,987 | -26,833 | 81,920 | 1,249 |
mcn (distribution) ltd Credit Report and Business Information
Mcn (distribution) Ltd Competitor Analysis
Perform a competitor analysis for mcn (distribution) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PE13 area or any other competitors across 12 key performance metrics.
mcn (distribution) ltd Ownership
MCN (DISTRIBUTION) LTD group structure
Mcn (Distribution) Ltd has no subsidiary companies.
Ultimate parent company
MCN (DISTRIBUTION) LTD
10932056
mcn (distribution) ltd directors
Mcn (Distribution) Ltd currently has 1 director, Mr Michael Sadd serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Sadd | United Kingdom | 54 years | Aug 2017 | - | Director |
P&L
August 2023turnover
629.3k
-12%
operating profit
42.8k
0%
gross margin
19.3%
-3.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
50.8k
+1.72%
total assets
116.5k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
mcn (distribution) ltd company details
company number
10932056
Type
Private limited with Share Capital
industry
46730 - Wholesale of wood, construction materials and sanitary equipment
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
6 second avenue, wisbech, cambridgeshire, PE13 2BX
Bank
-
Legal Advisor
-
mcn (distribution) 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 mcn (distribution) ltd.
mcn (distribution) ltd 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 MCN (DISTRIBUTION) LTD. This can take several minutes, an email will notify you when this has completed.
mcn (distribution) ltd Companies House Filings - See Documents
| date | description | view/download |
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