ce meikleton turbine ltd

ce meikleton turbine ltd Company Information

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YoungMicroRapid

Company Number

11592298

Industry

Dormant Company

 

Shareholders

sean notley

kerensa beer-robson

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Group Structure

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Contact

Registered Address

unit 2a & 2b bess park road, trenant industrial estate, cornwall, wadebridge, PL27 6HB

Website

-

ce meikleton turbine ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CE MEIKLETON TURBINE LTD at £0 based on a Turnover of £293.6k and 0x industry multiple (adjusted for size and gross margin).

ce meikleton turbine ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CE MEIKLETON TURBINE LTD at £0 based on an EBITDA of £-10.9k and a 1.47x industry multiple (adjusted for size and gross margin).

ce meikleton turbine ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CE MEIKLETON TURBINE LTD at £0 based on Net Assets of £-268.7k and 0.57x industry multiple (adjusted for liquidity).

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Ce Meikleton Turbine Ltd Overview

Ce Meikleton Turbine Ltd is a live company located in cornwall, wadebridge, PL27 6HB with a Companies House number of 11592298. It operates in the dormant company sector, SIC Code 99999. Founded in September 2018, it's largest shareholder is sean notley with a 60% stake. Ce Meikleton Turbine Ltd is a young, micro sized company, Pomanda has estimated its turnover at £293.6k with rapid growth in recent years.

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Ce Meikleton Turbine Ltd Health Check

Pomanda's financial health check has awarded Ce Meikleton Turbine Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £293.6k, make it smaller than the average company (£7.2m)

£293.6k - Ce Meikleton Turbine Ltd

£7.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 341%, show it is growing at a faster rate (5.8%)

341% - Ce Meikleton Turbine Ltd

5.8% - Industry AVG

production

Production

with a gross margin of 17.5%, this company has a higher cost of product (33.4%)

17.5% - Ce Meikleton Turbine Ltd

33.4% - Industry AVG

profitability

Profitability

an operating margin of -3.7% make it less profitable than the average company (4.6%)

-3.7% - Ce Meikleton Turbine Ltd

4.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (57)

1 - Ce Meikleton Turbine Ltd

57 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.7k, the company has an equivalent pay structure (£39.7k)

£39.7k - Ce Meikleton Turbine Ltd

£39.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £293.6k, this is more efficient (£174.4k)

£293.6k - Ce Meikleton Turbine Ltd

£174.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is later than average (40 days)

65 days - Ce Meikleton Turbine Ltd

40 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Ce Meikleton Turbine Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ce Meikleton Turbine Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ce Meikleton Turbine Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 608.6%, this is a higher level of debt than the average (73%)

608.6% - Ce Meikleton Turbine Ltd

73% - Industry AVG

CE MEIKLETON TURBINE LTD financials

EXPORTms excel logo

Ce Meikleton Turbine Ltd's latest turnover from September 2023 is estimated at £293.6 thousand and the company has net assets of -£268.7 thousand. According to their latest financial statements, we estimate that Ce Meikleton Turbine Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Turnover293,599178,262136,4533,431520
Other Income Or Grants00000
Cost Of Sales242,070147,678112,8232,855432
Gross Profit51,52930,58423,62957689
Admin Expenses62,428277,41931,7362,2761,276
Operating Profit-10,899-246,835-8,107-1,700-1,187
Interest Payable00000
Interest Receivable00000
Pre-Tax Profit-10,899-246,835-8,107-1,700-1,187
Tax00000
Profit After Tax-10,899-246,835-8,107-1,700-1,187
Dividends Paid00000
Retained Profit-10,899-246,835-8,107-1,700-1,187
Employee Costs39,70536,03435,38933,92234,184
Number Of Employees11111
EBITDA*-10,899-246,835-8,107-1,700-1,187

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Tangible Assets00191,355179,06230,062
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets00191,355179,06230,062
Stock & work in progress00000
Trade Debtors52,83451,18140,541564100
Group Debtors00000
Misc Debtors0001,4360
Cash00000
misc current assets00000
total current assets52,83451,18140,5412,000100
total assets52,83451,181231,896181,06230,162
Bank overdraft00000
Bank loan00000
Trade Creditors 03,9466,1221,2870
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities00000
total current liabilities03,9466,1221,2870
loans00000
hp & lease commitments00000
Accruals and Deferred Income09,5022,2061,1001,287
other liabilities321,562295,562234,562181,56230,062
provisions00000
total long term liabilities321,562305,064236,768182,66231,349
total liabilities321,562309,010242,890183,94931,349
net assets-268,728-257,829-10,994-2,887-1,187
total shareholders funds-268,728-257,829-10,994-2,887-1,187
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Operating Activities
Operating Profit-10,899-246,835-8,107-1,700-1,187
Depreciation00000
Amortisation00000
Tax00000
Stock00000
Debtors1,65310,64038,5411,900100
Creditors-3,946-2,1764,8351,2870
Accruals and Deferred Income-9,5027,2961,106-1871,287
Deferred Taxes & Provisions00000
Cash flow from operations-26,000-252,355-40,707-2,5000
Investing Activities
capital expenditure0191,355-12,293-149,000-30,062
Change in Investments00000
cash flow from investments0191,355-12,293-149,000-30,062
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities26,00061,00053,000151,50030,062
share issue00000
interest00000
cash flow from financing26,00061,00053,000151,50030,062
cash and cash equivalents
cash00000
overdraft00000
change in cash00000

ce meikleton turbine ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ce Meikleton Turbine Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ce meikleton turbine ltd by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in PL27 area or any other competitors across 12 key performance metrics.

ce meikleton turbine ltd Ownership

CE MEIKLETON TURBINE LTD group structure

Ce Meikleton Turbine Ltd has no subsidiary companies.

Ultimate parent company

CE MEIKLETON TURBINE LTD

11592298

CE MEIKLETON TURBINE LTD Shareholders

sean notley 60%
kerensa beer-robson 30%
helen notley 10%

ce meikleton turbine ltd directors

Ce Meikleton Turbine Ltd currently has 3 directors. The longest serving directors include Mrs Kerensa Beer-Robson (Sep 2018) and Mr Sean Notley (Sep 2018).

officercountryagestartendrole
Mrs Kerensa Beer-RobsonEngland56 years Sep 2018- Director
Mr Sean NotleyUnited Kingdom61 years Sep 2018- Director
Mrs Helen NotleyEngland59 years Nov 2019- Director

P&L

September 2023

turnover

293.6k

+65%

operating profit

-10.9k

0%

gross margin

17.6%

+2.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-268.7k

+0.04%

total assets

52.8k

+0.03%

cash

0

0%

net assets

Total assets minus all liabilities

ce meikleton turbine ltd company details

company number

11592298

Type

Private limited with Share Capital

industry

99999 - Dormant Company

incorporation date

September 2018

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

ce muirhead turbine ltd (March 2019)

accountant

-

auditor

-

address

unit 2a & 2b bess park road, trenant industrial estate, cornwall, wadebridge, PL27 6HB

Bank

-

Legal Advisor

-

ce meikleton turbine 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 did not find charges/mortgages relating to ce meikleton turbine ltd.

ce meikleton turbine 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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ce meikleton turbine ltd Companies House Filings - See Documents

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