Pomanda estimates the enterprise value of METHOD RESOURCING SOLUTIONS LIMITED at £264k based on a Turnover of £2.1m and 0.13x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of METHOD RESOURCING SOLUTIONS LIMITED at £581.4k based on an EBITDA of £257.6k and a 2.26x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of METHOD RESOURCING SOLUTIONS LIMITED at £1.4m based on Net Assets of £1.1m and 1.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Method Resourcing Solutions LimitedOverview
Method Resourcing Solutions Limited is a live company located in bristol, BS8 2NH with a Companies House number of 11384930. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in May 2018, it's largest shareholder is
sanderson solutions group plc
with a 55% stake. Method Resourcing Solutions Limited is a young,
small sized company, Pomanda has estimated its turnover at
£2.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Method Resourcing Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£7.2m)
£2.1m - Method Resourcing Solutions Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.3%)
8% - Method Resourcing Solutions Limited
4.3% - Industry AVG
Production
with a gross margin of 13.8%, this company has a higher cost of product (25.5%)
13.8% - Method Resourcing Solutions Limited
25.5% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (4.6%)
12.3% - Method Resourcing Solutions Limited
4.6% - Industry AVG
Employees
with 18 employees, this is below the industry average (38)
18 - Method Resourcing Solutions Limited
38 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)
£51.5k - Method Resourcing Solutions Limited
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £115.1k, this is less efficient (£168k)
£115.1k - Method Resourcing Solutions Limited
£168k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (46 days)
81 days - Method Resourcing Solutions Limited
46 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Method Resourcing Solutions Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Method Resourcing Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 73 weeks, this is more cash available to meet short term requirements (15 weeks)
73 weeks - Method Resourcing Solutions Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39%, this is a lower level of debt than the average (66.1%)
39% - Method Resourcing Solutions Limited
66.1% - Industry AVG
METHOD RESOURCING SOLUTIONS LIMITED financials
EXPORT
Method Resourcing Solutions Limited's latest turnover from June 2023 is estimated at £2.1 million and the company has net assets of £1.1 million. According to their latest financial statements, Method Resourcing Solutions Limited has 18 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Turnover
2,071,626
3,856,560
1,962,765
1,638,000
1,105,000
Other Income Or Grants
Cost Of Sales
1,785,908
3,327,586
1,719,474
994,000
636,000
Gross Profit
285,718
528,974
243,291
644,000
469,000
Admin Expenses
31,168
92,305
-173,728
524,426
321,598
Operating Profit
254,550
436,669
417,019
119,574
147,402
Interest Payable
1,000
Interest Receivable
37,450
5,306
265
Pre-Tax Profit
292,000
441,975
417,284
119,000
149,000
Tax
-73,000
-83,975
-79,284
-22,000
-29,000
Profit After Tax
219,000
358,000
338,000
97,000
120,000
Dividends Paid
Retained Profit
219,000
358,000
338,000
97,000
120,000
Employee Costs
926,921
828,371
381,938
277,000
275,000
Number Of Employees
18
17
9
5
3
EBITDA*
257,550
445,669
422,019
119,574
147,402
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Tangible Assets
7,000
9,000
4,000
9,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,000
9,000
4,000
9,000
Stock & work in progress
Trade Debtors
463,000
986,000
641,000
183,000
164,000
Group Debtors
7,000
285,000
125,000
12,000
Misc Debtors
365,000
665,000
447,000
173,000
11,000
Cash
1,018,000
480,000
369,000
160,000
199,000
misc current assets
total current assets
1,853,000
2,416,000
1,582,000
528,000
374,000
total assets
1,860,000
2,425,000
1,586,000
537,000
374,000
Bank overdraft
Bank loan
Trade Creditors
2,000
5,000
31,000
Group/Directors Accounts
209,000
673,000
331,000
136,000
80,000
other short term finances
hp & lease commitments
other current liabilities
516,000
835,000
695,000
177,000
143,000
total current liabilities
725,000
1,508,000
1,028,000
318,000
254,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,000
2,000
1,000
total long term liabilities
1,000
2,000
1,000
total liabilities
726,000
1,510,000
1,029,000
318,000
254,000
net assets
1,134,000
915,000
557,000
219,000
120,000
total shareholders funds
1,134,000
915,000
557,000
219,000
120,000
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Operating Activities
Operating Profit
254,550
436,669
417,019
119,574
147,402
Depreciation
3,000
9,000
5,000
Amortisation
Tax
-73,000
-83,975
-79,284
-22,000
-29,000
Stock
Debtors
-1,101,000
723,000
845,000
193,000
175,000
Creditors
-2,000
-3,000
-26,000
31,000
Accruals and Deferred Income
-319,000
140,000
518,000
34,000
143,000
Deferred Taxes & Provisions
-1,000
1,000
1,000
Cash flow from operations
965,550
-222,306
13,735
-87,426
117,402
Investing Activities
capital expenditure
-1,000
-14,000
-9,000
Change in Investments
cash flow from investments
-1,000
-14,000
-9,000
Financing Activities
Bank loans
Group/Directors Accounts
-464,000
342,000
195,000
56,000
80,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2,000
interest
37,450
5,306
265
-1,000
cash flow from financing
-426,550
347,306
195,265
57,000
80,000
cash and cash equivalents
cash
538,000
111,000
209,000
-39,000
199,000
overdraft
change in cash
538,000
111,000
209,000
-39,000
199,000
method resourcing solutions 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 method resourcing solutions limited. Get real-time insights into method resourcing solutions limited's credit score, group structure and payment trends.
Perform a competitor analysis for method resourcing solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BS8 area or any other competitors across 12 key performance metrics.
method resourcing solutions limited Ownership
METHOD RESOURCING SOLUTIONS LIMITED group structure
Method Resourcing Solutions Limited has no subsidiary companies.
The largest shareholders in Method Resourcing Solutions Limited include Sanderson Solutions Group Plc and Thomas Hurley.
sanderson solutions group plc
55%
thomas hurley
45%
method resourcing solutions limited directors
Method Resourcing Solutions Limited currently has 3 directors.
The longest serving directors include
Mr Oliver Dawe (May 2018) and
Mr Thomas Hurley (May 2018).
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 method resourcing solutions limited. Currently there are 2 open charges and 0 have been satisfied in the past.
method resourcing 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 METHOD RESOURCING SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
method resourcing solutions limitedCompanies House Filings - See Documents
