cripps barn bibury, fosscross lane, cirencester, GL7 5BA
Website
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mh cripps ltdEstimated Valuation
£6.3m
Pomanda estimates the enterprise value of MH CRIPPS LTD at £6.3m based on a Turnover of £3.2m and 2x industry multiple (adjusted for size and gross margin).
mh cripps ltdEstimated Valuation
£2.6m
Pomanda estimates the enterprise value of MH CRIPPS LTD at £2.6m based on an EBITDA of £487.6k and a 5.36x industry multiple (adjusted for size and gross margin).
mh cripps ltdEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of MH CRIPPS LTD at £1.3m based on Net Assets of £586k and 2.27x industry multiple (adjusted for liquidity).
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Mh Cripps LtdOverview
Mh Cripps Ltd is a live company located in cirencester, GL7 5BA with a Companies House number of 11533548. It operates in the event catering activities sector, SIC Code 56210. Founded in August 2018, it's largest shareholder is
mark david quixan henriques
with a 50.1% stake. Mh Cripps Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£3.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mh Cripps Ltd a 3.5 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 Rating3.5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £3.2m, make it larger than the average company (£753.4k)
£3.2m - Mh Cripps Ltd
£753.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a similar rate (11.8%)
13% - Mh Cripps Ltd
11.8% - Industry AVG
Production
with a gross margin of 58.9%, this company has a comparable cost of product (58.9%)
58.9% - Mh Cripps Ltd
58.9% - Industry AVG
Profitability
an operating margin of 12.9% make it less profitable than the average company (17.8%)
12.9% - Mh Cripps Ltd
17.8% - Industry AVG
Employees
with 87 employees, this is above the industry average (7)
87 - Mh Cripps Ltd
7 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£25.6k)
£25.6k - Mh Cripps Ltd
£25.6k - Industry AVG
Efficiency
resulting in sales per employee of £36.5k, this is less efficient (£119.1k)
£36.5k - Mh Cripps Ltd
£119.1k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (31 days)
4 days - Mh Cripps Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 115 days, this is slower than average (32 days)
115 days - Mh Cripps Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (31 days)
13 days - Mh Cripps Ltd
31 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 15 weeks, this is less cash available to meet short term requirements (20 weeks)
15 weeks - Mh Cripps Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a higher level of debt than the average (73.4%)
81.7% - Mh Cripps Ltd
73.4% - Industry AVG
MH CRIPPS LTD financials
EXPORT
Mh Cripps Ltd's latest turnover from March 2024 is estimated at £3.2 million and the company has net assets of £586 thousand. According to their latest financial statements, Mh Cripps Ltd has 87 employees and maintains cash reserves of £530.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Aug 2021
Aug 2020
Aug 2019
Turnover
3,177,826
2,775,941
8,567,089
2,204,402
263,751
88,113
Other Income Or Grants
Cost Of Sales
1,307,506
1,140,884
3,560,831
1,143,028
123,052
39,536
Gross Profit
1,870,320
1,635,057
5,006,257
1,061,374
140,699
48,576
Admin Expenses
1,461,676
1,083,197
5,031,188
1,075,236
157,369
109,949
Operating Profit
408,644
551,860
-24,931
-13,862
-16,670
-61,373
Interest Payable
73,428
33,313
Interest Receivable
28,829
12,056
Pre-Tax Profit
364,045
530,604
-24,931
-13,862
-16,670
-61,373
Tax
-91,011
-100,815
Profit After Tax
273,034
429,789
-24,931
-13,862
-16,670
-61,373
Dividends Paid
Retained Profit
273,034
429,789
-24,931
-13,862
-16,670
-61,373
Employee Costs
2,230,784
2,071,013
3,619,186
1,025,716
108,355
44,442
Number Of Employees
87
86
156
47
5
2
EBITDA*
487,572
551,860
-24,931
-13,862
-16,670
-61,373
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Aug 2021
Aug 2020
Aug 2019
Tangible Assets
1,675,219
1,540,767
1,395,033
1,099,397
1,131,371
1,163,593
Intangible Assets
Investments & Other
102,791
Debtors (Due After 1 year)
44,088
10,187
Total Fixed Assets
1,822,098
1,550,954
1,395,033
1,099,397
1,131,371
1,163,593
Stock & work in progress
48,785
39,984
Trade Debtors
35,643
6,188
1,246,336
314,654
30,861
7,168
Group Debtors
Misc Debtors
763,207
655,437
4,026
60
Cash
530,889
567,349
misc current assets
total current assets
1,378,524
1,268,958
1,246,336
318,680
30,921
7,168
total assets
3,200,622
2,819,912
2,641,369
1,418,077
1,162,292
1,170,761
Bank overdraft
Bank loan
Trade Creditors
414,496
385,550
928,894
225,598
9,388
17,314
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,330,406
1,207,863
total current liabilities
1,744,902
1,593,413
928,894
225,598
9,388
17,314
loans
655,385
650,000
hp & lease commitments
Accruals and Deferred Income
634,384
144,154
7,131
other liabilities
183,803
263,542
1,829,311
650,000
1,086,793
1,207,689
provisions
30,541
total long term liabilities
869,729
913,542
1,829,311
1,284,384
1,230,947
1,214,820
total liabilities
2,614,631
2,506,955
2,758,205
1,509,982
1,240,335
1,232,134
net assets
585,991
312,957
-116,836
-91,905
-78,043
-61,373
total shareholders funds
585,991
312,957
-116,836
-91,905
-78,043
-61,373
Mar 2024
Mar 2023
Mar 2022
Aug 2021
Aug 2020
Aug 2019
Operating Activities
Operating Profit
408,644
551,860
-24,931
-13,862
-16,670
-61,373
Depreciation
78,928
Amortisation
Tax
-91,011
-100,815
Stock
8,801
39,984
Debtors
171,126
-574,524
927,656
287,759
23,753
7,168
Creditors
28,946
-543,344
703,296
216,210
-7,926
17,314
Accruals and Deferred Income
122,543
1,207,863
-634,384
490,230
137,023
7,131
Deferred Taxes & Provisions
30,541
Cash flow from operations
398,664
1,650,104
-883,675
404,819
88,674
-44,096
Investing Activities
capital expenditure
-213,380
-145,734
-295,636
31,974
32,222
-1,163,593
Change in Investments
102,791
cash flow from investments
-316,171
-145,734
-295,636
31,974
32,222
-1,163,593
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
5,385
650,000
Hire Purchase and Lease Commitments
other long term liabilities
-79,739
-1,565,769
1,179,311
-436,793
-120,896
1,207,689
share issue
4
interest
-44,599
-21,257
cash flow from financing
-118,953
-937,022
1,179,311
-436,793
-120,896
1,207,689
cash and cash equivalents
cash
-36,460
567,349
overdraft
change in cash
-36,460
567,349
mh cripps ltd 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 mh cripps ltd. Get real-time insights into mh cripps ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mh cripps ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in GL7 area or any other competitors across 12 key performance metrics.
mh cripps ltd Ownership
MH CRIPPS LTD group structure
Mh Cripps Ltd has no subsidiary companies.
Ultimate parent company
MH CRIPPS LTD
11533548
MH CRIPPS LTD Shareholders
The largest shareholders in Mh Cripps Ltd include Mark David Quixan Henriques and Harry Winston Quixano Henriques.
mark david quixan henriques
50.05%
harry winston quixano henriques
24.98%
rosa quixano henriques
24.98%
mh cripps ltd directors
Mh Cripps Ltd currently has 3 directors.
The longest serving directors include
Mr Mark Henriques (Aug 2018) and
Mr Harry Henriques (Jan 2022).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
montreal house ltd (July 2020)
accountant
MARTIN AND COMPANY
auditor
-
address
cripps barn bibury, fosscross lane, cirencester, GL7 5BA
Bank
-
Legal Advisor
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mh cripps ltd 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 1 charges/mortgages relating to mh cripps ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
mh cripps ltd 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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mh cripps ltdCompanies House Filings - See Documents
