mc asset co limited
mc asset co limited Company Information
Company Number
11108170
Next Accounts
Sep 2025
Shareholders
ad aggregator platform limited
bioticnrg limited
Group Structure
View All
Industry
Production of electricity
+2Registered Address
c/o material change ltd, the amp, 46-50 rutherford drive, wellingborough, NN8 6AX
Website
macquarie.commc asset co limited Estimated Valuation
Pomanda estimates the enterprise value of MC ASSET CO LIMITED at £93.7m based on a Turnover of £39.2m and 2.39x industry multiple (adjusted for size and gross margin).
mc asset co limited Estimated Valuation
Pomanda estimates the enterprise value of MC ASSET CO LIMITED at £87.7m based on an EBITDA of £10.7m and a 8.2x industry multiple (adjusted for size and gross margin).
mc asset co limited Estimated Valuation
Pomanda estimates the enterprise value of MC ASSET CO LIMITED at £32.8m based on Net Assets of £12.9m and 2.54x industry multiple (adjusted for liquidity).
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Mc Asset Co Limited Overview
Mc Asset Co Limited is a live company located in wellingborough, NN8 6AX with a Companies House number of 11108170. It operates in the production of electricity sector, SIC Code 35110. Founded in December 2017, it's largest shareholder is ad aggregator platform limited with a 90% stake. Mc Asset Co Limited is a young, large sized company, Pomanda has estimated its turnover at £39.2m with high growth in recent years.
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Mc Asset Co Limited Health Check
Pomanda's financial health check has awarded Mc Asset Co Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £39.2m, make it larger than the average company (£8.1m)
£39.2m - Mc Asset Co Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a similar rate (14.4%)
16% - Mc Asset Co Limited
14.4% - Industry AVG
Production
with a gross margin of 36.9%, this company has a higher cost of product (47.7%)
36.9% - Mc Asset Co Limited
47.7% - Industry AVG
Profitability
an operating margin of 17.4% make it less profitable than the average company (24.7%)
17.4% - Mc Asset Co Limited
24.7% - Industry AVG
Employees
with 84 employees, this is above the industry average (15)
- Mc Asset Co Limited
15 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Mc Asset Co Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £466.3k, this is less efficient (£659.9k)
- Mc Asset Co Limited
£659.9k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (23 days)
7 days - Mc Asset Co Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 172 days, this is slower than average (28 days)
172 days - Mc Asset Co Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 185 days, this is more than average (22 days)
185 days - Mc Asset Co Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (14 weeks)
12 weeks - Mc Asset Co Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.4%, this is a similar level of debt than the average (88.3%)
80.4% - Mc Asset Co Limited
88.3% - Industry AVG
MC ASSET CO LIMITED financials
Mc Asset Co Limited's latest turnover from December 2023 is £39.2 million and the company has net assets of £12.9 million. According to their latest financial statements, we estimate that Mc Asset Co Limited has 84 employees and maintains cash reserves of £3.9 million 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 | 39,169,968 | 36,311,549 | 28,575,885 | 24,967,852 | ||
| Other Income Or Grants | ||||||
| Cost Of Sales | 24,722,596 | 20,051,435 | 18,476,345 | 16,883,174 | ||
| Gross Profit | 14,447,372 | 16,260,114 | 10,099,540 | 8,084,678 | ||
| Admin Expenses | 7,644,086 | 6,400,942 | 5,961,504 | 6,560,951 | ||
| Operating Profit | 6,803,286 | 9,859,172 | 4,138,036 | 1,523,727 | ||
| Interest Payable | 2,737,452 | 3,202,816 | 3,570,891 | 3,651,893 | ||
| Interest Receivable | 24,405 | 530 | ||||
| Pre-Tax Profit | 3,764,482 | 6,656,356 | 567,145 | -2,127,636 | ||
| Tax | -1,048,217 | -538,083 | -420,953 | 241,148 | ||
| Profit After Tax | 2,716,265 | 6,118,273 | 146,192 | -1,886,488 | ||
| Dividends Paid | ||||||
| Retained Profit | 2,716,265 | 6,118,273 | 146,192 | -1,886,488 | ||
| Employee Costs | ||||||
| Number Of Employees | 3 | |||||
| EBITDA* | 10,690,907 | 13,583,840 | 7,687,306 | 5,110,691 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 32,788,715 | 34,140,472 | 35,199,480 | 36,347,104 | 27,010,894 | |
| Intangible Assets | 6,431,871 | 7,010,061 | 7,588,260 | 8,166,449 | ||
| Investments & Other | 15,879,546 | |||||
| Debtors (Due After 1 year) | 44,120,649 | |||||
| Total Fixed Assets | 39,220,586 | 41,150,533 | 42,787,740 | 44,513,553 | 60,000,195 | 27,010,894 |
| Stock & work in progress | 12,593,570 | 7,694,902 | 7,830,063 | 7,001,328 | ||
| Trade Debtors | 819,591 | 1,326,792 | 1,055,790 | 1,528,417 | ||
| Group Debtors | ||||||
| Misc Debtors | 9,524,419 | 7,814,306 | 6,766,040 | 6,624,516 | 885,738 | |
| Cash | 3,871,974 | 4,727,419 | 2,167,758 | 2,937,799 | 57,223 | 71,296 |
| misc current assets | ||||||
| total current assets | 26,809,554 | 21,563,419 | 17,819,651 | 18,092,060 | 942,961 | 84,163 |
| total assets | 66,030,140 | 62,713,952 | 60,607,391 | 62,605,613 | 60,943,156 | 27,095,057 |
| Bank overdraft | 1,599,510 | 955,805 | 138,058 | |||
| Bank loan | ||||||
| Trade Creditors | 11,698,943 | 6,495,457 | 7,630,652 | 7,109,490 | 135,186 | 3,549 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | 327,332 | 294,361 | 147,587 | 156,751 | ||
| other current liabilities | 2,176,289 | 1,857,209 | 1,358,936 | 1,249,942 | 698,876 | |
| total current liabilities | 15,802,074 | 9,602,832 | 9,137,175 | 8,654,241 | 834,062 | 1,010,089 |
| loans | 33,195,886 | 39,683,746 | 45,103,272 | 48,275,338 | 45,819,098 | |
| hp & lease commitments | 375,725 | 535,401 | 131,327 | 74,460 | ||
| Accruals and Deferred Income | ||||||
| other liabilities | 5,008,686 | |||||
| provisions | 3,740,588 | 2,692,371 | 2,154,288 | 1,740,528 | ||
| total long term liabilities | 37,312,199 | 42,911,518 | 47,388,887 | 50,090,326 | 50,827,784 | 20,892,414 |
| total liabilities | 53,114,273 | 52,514,350 | 56,526,062 | 58,744,567 | 51,661,846 | 21,902,503 |
| net assets | 12,915,867 | 10,199,602 | 4,081,329 | 3,861,046 | 9,281,310 | 5,192,554 |
| total shareholders funds | 12,915,867 | 10,199,602 | 4,081,329 | 3,861,046 | 9,281,310 | 5,192,554 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 6,803,286 | 9,859,172 | 4,138,036 | 1,523,727 | ||
| Depreciation | 3,309,431 | 3,146,469 | 2,971,081 | 3,004,854 | ||
| Amortisation | 578,190 | 578,199 | 578,189 | 582,110 | ||
| Tax | -1,048,217 | -538,083 | -420,953 | 241,148 | ||
| Stock | 4,898,668 | -135,161 | 828,735 | 7,001,328 | ||
| Debtors | 1,202,912 | 1,319,268 | -331,103 | -36,853,454 | 45,006,387 | |
| Creditors | 5,203,486 | -1,135,195 | 521,162 | 6,974,304 | 131,637 | 3,549 |
| Accruals and Deferred Income | 319,080 | 498,273 | 108,994 | 551,066 | 698,876 | |
| Deferred Taxes & Provisions | 1,048,217 | 538,083 | 413,760 | 1,740,528 | ||
| Cash flow from operations | 10,111,893 | 11,762,811 | 7,812,637 | 44,469,863 | ||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -15,879,546 | 15,879,546 | ||||
| cash flow from investments | 15,879,546 | |||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | -6,487,860 | -5,419,526 | -3,172,066 | 2,456,240 | 45,819,098 | |
| Hire Purchase and Lease Commitments | -126,705 | 550,848 | 47,703 | 231,211 | ||
| other long term liabilities | -5,008,686 | 5,008,686 | ||||
| share issue | ||||||
| interest | -2,713,047 | -3,202,816 | -3,570,891 | -3,651,363 | ||
| cash flow from financing | -9,327,612 | -8,071,494 | -6,621,163 | -9,506,374 | ||
| cash and cash equivalents | ||||||
| cash | -855,445 | 2,559,661 | -770,041 | 2,880,576 | -14,073 | 71,296 |
| overdraft | 643,705 | 955,805 | -138,058 | 138,058 | ||
| change in cash | -1,499,150 | 1,603,856 | -631,983 | 2,742,518 | -14,073 | 71,296 |
mc asset co limited Credit Report and Business Information
Mc Asset Co Limited Competitor Analysis
Perform a competitor analysis for mc asset co limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in NN8 area or any other competitors across 12 key performance metrics.
mc asset co limited Ownership
MC ASSET CO LIMITED group structure
Mc Asset Co Limited has 5 subsidiary companies.
Ultimate parent company
PALISADE REAL ASSETS PTY LTD
#0143658
2 parents
MC ASSET CO LIMITED
11108170
5 subsidiaries
mc asset co limited directors
Mc Asset Co Limited currently has 3 directors. The longest serving directors include Mr Edward Bastow (Jul 2024) and Ms Hannah Miles (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Bastow | England | 56 years | Jul 2024 | - | Director |
| Ms Hannah Miles | England | 51 years | Jul 2024 | - | Director |
| Mr Nicholas Clements | England | 52 years | Jul 2024 | - | Director |
P&L
December 2023turnover
39.2m
+8%
operating profit
6.8m
-31%
gross margin
36.9%
-17.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.9m
+0.27%
total assets
66m
+0.05%
cash
3.9m
-0.18%
net assets
Total assets minus all liabilities
mc asset co limited company details
company number
11108170
Type
Private limited with Share Capital
industry
35210 - Manufacture of gas
35110 - Production of electricity
38210 - Treatment and disposal of non-hazardous waste
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
HARDCASTLE BURTON LLP
address
c/o material change ltd, the amp, 46-50 rutherford drive, wellingborough, NN8 6AX
Bank
-
Legal Advisor
-
mc asset co 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 mc asset co limited. Currently there are 0 open charges and 2 have been satisfied in the past.
mc asset co 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 MC ASSET CO LIMITED. This can take several minutes, an email will notify you when this has completed.
mc asset co limited Companies House Filings - See Documents
| date | description | view/download |
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