Pomanda estimates the enterprise value of MRE DRAINAGE LIMITED at £653.7k based on a Turnover of £975k and 0.67x industry multiple (adjusted for size and gross margin).
mre drainage limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MRE DRAINAGE LIMITED at £0 based on an EBITDA of £-86k and a 3.02x industry multiple (adjusted for size and gross margin).
mre drainage limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MRE DRAINAGE LIMITED at £0 based on Net Assets of £-430k and 2.74x industry multiple (adjusted for liquidity).
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Mre Drainage LimitedOverview
Mre Drainage Limited is a live company located in macclesfield, SK10 2XF with a Companies House number of 11179211. It operates in the sewerage sector, SIC Code 37000. Founded in January 2018, it's largest shareholder is
willow pumps limited
with a 100% stake. Mre Drainage Limited is a young,
small sized company, Pomanda has estimated its turnover at
£975k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mre Drainage Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
6 Weak
Size
annual sales of £975k, make it smaller than the average company (£12.3m)
£975k - Mre Drainage Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.1%)
10% - Mre Drainage Limited
9.1% - Industry AVG
Production
with a gross margin of 14.1%, this company has a higher cost of product (24.5%)
14.1% - Mre Drainage Limited
24.5% - Industry AVG
Profitability
an operating margin of -13.5% make it less profitable than the average company (7.1%)
-13.5% - Mre Drainage Limited
7.1% - Industry AVG
Employees
with 11 employees, this is below the industry average (54)
11 - Mre Drainage Limited
54 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£46.2k)
£40.4k - Mre Drainage Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £88.6k, this is less efficient (£118k)
£88.6k - Mre Drainage Limited
£118k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mre Drainage Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mre Drainage Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (3 days)
1 days - Mre Drainage Limited
3 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mre Drainage Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 330%, this is a higher level of debt than the average (65.5%)
330% - Mre Drainage Limited
65.5% - Industry AVG
MRE DRAINAGE LIMITED financials
EXPORT
Mre Drainage Limited's latest turnover from December 2023 is £975 thousand and the company has net assets of -£430 thousand. According to their latest financial statements, Mre Drainage Limited has 11 employees and maintains cash reserves of 0 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
975,000
1,042,000
909,000
729,000
633,000
338,000
Other Income Or Grants
Cost Of Sales
838,000
832,000
642,000
531,000
511,000
404,000
Gross Profit
137,000
210,000
267,000
198,000
122,000
-66,000
Admin Expenses
269,000
314,000
288,000
232,000
244,000
65,000
Operating Profit
-132,000
-104,000
-21,000
-34,000
-122,000
-131,000
Interest Payable
Interest Receivable
Pre-Tax Profit
-132,000
-104,000
-21,000
-34,000
-122,000
-131,000
Tax
32,000
21,000
2,000
4,000
27,000
27,000
Profit After Tax
-100,000
-83,000
-19,000
-30,000
-95,000
-104,000
Dividends Paid
Retained Profit
-100,000
-83,000
-19,000
-30,000
-95,000
-104,000
Employee Costs
444,000
463,000
385,000
336,000
368,000
196,000
Number Of Employees
11
15
11
10
10
7
EBITDA*
-86,000
-35,000
46,000
29,000
-64,000
-98,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
59,000
98,000
139,000
143,000
203,000
226,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
59,000
98,000
139,000
143,000
203,000
226,000
Stock & work in progress
3,000
5,000
5,000
4,000
6,000
Trade Debtors
Group Debtors
54,000
Misc Debtors
125,000
98,000
80,000
69,000
4,000
Cash
misc current assets
total current assets
128,000
103,000
85,000
73,000
64,000
total assets
187,000
201,000
224,000
216,000
267,000
226,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
583,000
483,000
416,000
411,000
438,000
287,000
other short term finances
hp & lease commitments
other current liabilities
28,000
32,000
34,000
19,000
10,000
17,000
total current liabilities
611,000
515,000
450,000
430,000
448,000
304,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
6,000
17,000
22,000
15,000
18,000
26,000
total long term liabilities
6,000
17,000
22,000
15,000
18,000
26,000
total liabilities
617,000
532,000
472,000
445,000
466,000
330,000
net assets
-430,000
-331,000
-248,000
-229,000
-199,000
-104,000
total shareholders funds
-430,000
-331,000
-248,000
-229,000
-199,000
-104,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-132,000
-104,000
-21,000
-34,000
-122,000
-131,000
Depreciation
46,000
69,000
67,000
63,000
58,000
33,000
Amortisation
Tax
32,000
21,000
2,000
4,000
27,000
27,000
Stock
-2,000
1,000
-2,000
6,000
Debtors
27,000
18,000
11,000
11,000
58,000
Creditors
Accruals and Deferred Income
-4,000
-2,000
15,000
9,000
-7,000
17,000
Deferred Taxes & Provisions
-11,000
-5,000
7,000
-3,000
-8,000
26,000
Cash flow from operations
-94,000
-39,000
58,000
30,000
-116,000
-28,000
Investing Activities
capital expenditure
-7,000
-28,000
-63,000
-3,000
-35,000
-259,000
Change in Investments
cash flow from investments
-7,000
-28,000
-63,000
-3,000
-35,000
-259,000
Financing Activities
Bank loans
Group/Directors Accounts
100,000
67,000
5,000
-27,000
151,000
287,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000
interest
cash flow from financing
101,000
67,000
5,000
-27,000
151,000
287,000
cash and cash equivalents
cash
overdraft
change in cash
mre drainage 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 mre drainage limited. Get real-time insights into mre drainage limited's credit score, group structure and payment trends.
Perform a competitor analysis for mre drainage limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in SK10 area or any other competitors across 12 key performance metrics.
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Bank
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GATELEYS
mre drainage 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 mre drainage limited.
mre drainage 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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mre drainage limitedCompanies House Filings - See Documents
