empirical metal solutions limited
empirical metal solutions limited Company Information
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
1st floor, fairclough house, church street, chorley, lancashire, PR7 4EX
empirical metal solutions limited Estimated Valuation
Pomanda estimates the enterprise value of EMPIRICAL METAL SOLUTIONS LIMITED at £761.3k based on a Turnover of £2.6m and 0.29x industry multiple (adjusted for size and gross margin).
empirical metal solutions limited Estimated Valuation
Pomanda estimates the enterprise value of EMPIRICAL METAL SOLUTIONS LIMITED at £719.3k based on an EBITDA of £214.4k and a 3.35x industry multiple (adjusted for size and gross margin).
empirical metal solutions limited Estimated Valuation
Pomanda estimates the enterprise value of EMPIRICAL METAL SOLUTIONS LIMITED at £587.3k based on Net Assets of £213.3k and 2.75x industry multiple (adjusted for liquidity).
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Empirical Metal Solutions Limited Overview
Empirical Metal Solutions Limited is a live company located in chorley, PR7 4EX with a Companies House number of 11150867. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in January 2018, it's largest shareholder is channing farky with a 100% stake. Empirical Metal Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £2.6m with rapid growth in recent years.
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Empirical Metal Solutions Limited Health Check
Pomanda's financial health check has awarded Empirical Metal Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£13.1m)
- Empirical Metal Solutions Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 258%, show it is growing at a faster rate (2.7%)
- Empirical Metal Solutions Limited
2.7% - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (27.7%)
- Empirical Metal Solutions Limited
27.7% - Industry AVG
Profitability
an operating margin of 8.1% make it as profitable than the average company (6.8%)
- Empirical Metal Solutions Limited
6.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (34)
- Empirical Metal Solutions Limited
34 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)
- Empirical Metal Solutions Limited
£40.3k - Industry AVG
Efficiency
resulting in sales per employee of £527.5k, this is more efficient (£347.7k)
- Empirical Metal Solutions Limited
£347.7k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (52 days)
- Empirical Metal Solutions Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (36 days)
- Empirical Metal Solutions Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Empirical Metal Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Empirical Metal Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.2%, this is a higher level of debt than the average (47.8%)
67.2% - Empirical Metal Solutions Limited
47.8% - Industry AVG
EMPIRICAL METAL SOLUTIONS LIMITED financials
Empirical Metal Solutions Limited's latest turnover from January 2022 is estimated at £2.6 million and the company has net assets of £213.3 thousand. According to their latest financial statements, we estimate that Empirical Metal Solutions Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| 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 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 18,429 | 12,375 | 9,615 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 18,429 | 12,375 | 9,615 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 650,125 | 28,114 | 5,099 | 2,545 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 400 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 650,125 | 28,114 | 5,499 | 2,545 |
| total assets | 650,125 | 46,543 | 17,874 | 12,160 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 436,873 | 6,978 | 0 | 500 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 436,873 | 6,978 | 0 | 500 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 9,000 | 11,855 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 9,000 | 11,855 |
| total liabilities | 436,873 | 6,978 | 9,000 | 12,355 |
| net assets | 213,252 | 39,565 | 8,874 | -195 |
| total shareholders funds | 213,252 | 39,565 | 8,874 | -195 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 622,011 | 22,615 | 2,954 | 2,545 |
| Creditors | 429,895 | 6,978 | -500 | 500 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -9,000 | -2,855 | 11,855 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
empirical metal solutions limited Credit Report and Business Information
Empirical Metal Solutions Limited Competitor Analysis
Perform a competitor analysis for empirical metal solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PR7 area or any other competitors across 12 key performance metrics.
empirical metal solutions limited Ownership
EMPIRICAL METAL SOLUTIONS LIMITED group structure
Empirical Metal Solutions Limited has no subsidiary companies.
Ultimate parent company
EMPIRICAL METAL SOLUTIONS LIMITED
11150867
empirical metal solutions limited directors
Empirical Metal Solutions Limited currently has 1 director, Mr Channing Farky serving since Feb 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Channing Farky | 33 years | Feb 2021 | - | Director |
P&L
January 2022turnover
2.6m
+2141%
operating profit
214.4k
0%
gross margin
18.1%
+4.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
213.3k
+4.39%
total assets
650.1k
+12.97%
cash
0
0%
net assets
Total assets minus all liabilities
empirical metal solutions limited company details
company number
11150867
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
January 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2022
previous names
empirical services limited (September 2021)
accountant
-
auditor
-
address
1st floor, fairclough house, church street, chorley, lancashire, PR7 4EX
Bank
-
Legal Advisor
-
empirical metal solutions 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 empirical metal solutions limited.
empirical metal solutions 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 EMPIRICAL METAL SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
empirical metal solutions limited Companies House Filings - See Documents
| date | description | view/download |
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