Pomanda estimates the enterprise value of MAYNES GARAGE SERVICES LIMITED at £58.1k based on a Turnover of £232k and 0.25x industry multiple (adjusted for size and gross margin).
maynes garage services limitedEstimated Valuation
£189.1k
Pomanda estimates the enterprise value of MAYNES GARAGE SERVICES LIMITED at £189.1k based on an EBITDA of £51.9k and a 3.64x industry multiple (adjusted for size and gross margin).
maynes garage services limitedEstimated Valuation
£564k
Pomanda estimates the enterprise value of MAYNES GARAGE SERVICES LIMITED at £564k based on Net Assets of £202.1k and 2.79x industry multiple (adjusted for liquidity).
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Maynes Garage Services LimitedOverview
Maynes Garage Services Limited is a live company located in cornwall, TR1 2NA with a Companies House number of 10980978. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in September 2017, it's largest shareholder is
andrew frank roskrow
with a 55% stake. Maynes Garage Services Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£232k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Maynes Garage Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £232k, make it smaller than the average company (£668.2k)
£232k - Maynes Garage Services Limited
£668.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.4%)
11% - Maynes Garage Services Limited
9.4% - Industry AVG
Production
with a gross margin of 34.4%, this company has a comparable cost of product (34.4%)
34.4% - Maynes Garage Services Limited
34.4% - Industry AVG
Profitability
an operating margin of 21.9% make it more profitable than the average company (5.6%)
21.9% - Maynes Garage Services Limited
5.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (9)
5 - Maynes Garage Services Limited
9 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
£31.4k - Maynes Garage Services Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £46.4k, this is less efficient (£110.4k)
£46.4k - Maynes Garage Services Limited
£110.4k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (34 days)
9 days - Maynes Garage Services Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (43 days)
50 days - Maynes Garage Services Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is more than average (28 days)
60 days - Maynes Garage Services Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 137 weeks, this is more cash available to meet short term requirements (13 weeks)
137 weeks - Maynes Garage Services Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.7%, this is a lower level of debt than the average (65.9%)
37.7% - Maynes Garage Services Limited
65.9% - Industry AVG
MAYNES GARAGE SERVICES LIMITED financials
EXPORT
Maynes Garage Services Limited's latest turnover from December 2023 is estimated at £232 thousand and the company has net assets of £202.1 thousand. According to their latest financial statements, Maynes Garage Services Limited has 5 employees and maintains cash reserves of £283.2 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
Turnover
231,985
179,650
182,973
169,641
216,210
172,452
Other Income Or Grants
Cost Of Sales
152,264
118,519
121,932
109,936
137,848
107,561
Gross Profit
79,721
61,132
61,041
59,705
78,362
64,890
Admin Expenses
28,976
3,087
41,930
52,230
37,543
-818
Operating Profit
50,745
58,045
19,111
7,475
40,819
65,708
Interest Payable
3,363
3,768
2,953
1,525
Interest Receivable
14,133
7,890
509
153
683
325
Pre-Tax Profit
61,515
62,167
16,667
6,104
41,502
66,033
Tax
-15,379
-11,812
-3,167
-1,160
-7,885
-12,546
Profit After Tax
46,136
50,355
13,500
4,944
33,617
53,487
Dividends Paid
Retained Profit
46,136
50,355
13,500
4,944
33,617
53,487
Employee Costs
156,990
145,084
144,794
141,906
146,842
146,901
Number Of Employees
5
5
5
5
5
5
EBITDA*
51,950
59,614
20,610
8,964
42,486
68,335
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
3,614
4,819
4,201
4,267
4,899
7,884
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,614
4,819
4,201
4,267
4,899
7,884
Stock & work in progress
25,285
9,860
3,310
2,200
28,861
3,710
Trade Debtors
6,315
4,301
7,262
5,888
5,340
3,500
Group Debtors
Misc Debtors
5,944
710
5,206
1,221
6,850
5,708
Cash
283,184
255,212
195,649
211,202
95,538
86,674
misc current assets
total current assets
320,728
270,083
211,427
220,511
136,589
99,592
total assets
324,342
274,902
215,628
224,778
141,488
107,476
Bank overdraft
Bank loan
10,024
9,736
9,568
8,333
Trade Creditors
20,949
13,449
20,013
13,510
13,218
15,769
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
75,909
69,946
44,682
68,309
40,135
37,178
total current liabilities
106,882
93,131
74,263
90,152
53,353
52,947
loans
14,926
25,104
34,919
41,667
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
395
664
798
811
931
942
total long term liabilities
15,321
25,768
35,717
42,478
931
942
total liabilities
122,203
118,899
109,980
132,630
54,284
53,889
net assets
202,139
156,003
105,648
92,148
87,204
53,587
total shareholders funds
202,139
156,003
105,648
92,148
87,204
53,587
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
50,745
58,045
19,111
7,475
40,819
65,708
Depreciation
1,205
1,569
1,499
1,489
1,667
2,627
Amortisation
Tax
-15,379
-11,812
-3,167
-1,160
-7,885
-12,546
Stock
15,425
6,550
1,110
-26,661
25,151
3,710
Debtors
7,248
-7,457
5,359
-5,081
2,982
9,208
Creditors
7,500
-6,564
6,503
292
-2,551
15,769
Accruals and Deferred Income
5,963
25,264
-23,627
28,174
2,957
37,178
Deferred Taxes & Provisions
-269
-134
-13
-120
-11
942
Cash flow from operations
27,092
67,275
-6,163
67,892
6,863
96,760
Investing Activities
capital expenditure
-2,187
-1,433
-857
1,318
-10,511
Change in Investments
cash flow from investments
-2,187
-1,433
-857
1,318
-10,511
Financing Activities
Bank loans
288
168
1,235
8,333
Group/Directors Accounts
Other Short Term Loans
Long term loans
-10,178
-9,815
-6,748
41,667
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
10,770
4,122
-2,444
-1,372
683
325
cash flow from financing
880
-5,525
-7,957
48,628
683
425
cash and cash equivalents
cash
27,972
59,563
-15,553
115,664
8,864
86,674
overdraft
change in cash
27,972
59,563
-15,553
115,664
8,864
86,674
maynes garage services 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 maynes garage services limited. Get real-time insights into maynes garage services limited's credit score, group structure and payment trends.
Perform a competitor analysis for maynes garage services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in TR1 area or any other competitors across 12 key performance metrics.
maynes garage services limited Ownership
MAYNES GARAGE SERVICES LIMITED group structure
Maynes Garage Services Limited has no subsidiary companies.
Ultimate parent company
MAYNES GARAGE SERVICES LIMITED
10980978
MAYNES GARAGE SERVICES LIMITED Shareholders
The largest shareholders in Maynes Garage Services Limited include Andrew Frank Roskrow and Kathryn Felicity Roskrow.
andrew frank roskrow
55%
kathryn felicity roskrow
45%
maynes garage services limited directors
Maynes Garage Services Limited currently has 1 director, Mr Andrew Roskrow serving since Sep 2017.
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 maynes garage services limited.
maynes garage services limited Capital Raised & Share Issues BETA
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maynes garage services limitedCompanies House Filings - See Documents
