mhe solutions ltd

0.5

mhe solutions ltd Company Information

Share MHE SOLUTIONS LTD
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YoungMicro

Company Number

11936078

Registered Address

136 small gains avenue, canvey island, essex, SS8 8LW

Industry

Machining

 

Telephone

-

Next Accounts Due

263 days late

Group Structure

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Directors

Michael Edwards5 Years

Shareholders

michael edwards 100%

mhe solutions ltd Estimated Valuation

£7.3k

Pomanda estimates the enterprise value of MHE SOLUTIONS LTD at £7.3k based on a Turnover of £23.6k and 0.31x industry multiple (adjusted for size and gross margin).

mhe solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MHE SOLUTIONS LTD at £0 based on an EBITDA of £-1.5k and a 2.59x industry multiple (adjusted for size and gross margin).

mhe solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MHE SOLUTIONS LTD at £0 based on Net Assets of £-807 and 1.72x industry multiple (adjusted for liquidity).

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Mhe Solutions Ltd Overview

Mhe Solutions Ltd is a live company located in essex, SS8 8LW with a Companies House number of 11936078. It operates in the machining sector, SIC Code 25620. Founded in April 2019, it's largest shareholder is michael edwards with a 100% stake. Mhe Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £23.6k with unknown growth in recent years.

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Mhe Solutions Ltd Health Check

Pomanda's financial health check has awarded Mhe Solutions Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £23.6k, make it smaller than the average company (£8.9m)

£23.6k - Mhe Solutions Ltd

£8.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Mhe Solutions Ltd

- - Industry AVG

production

Production

with a gross margin of 16.9%, this company has a higher cost of product (28%)

16.9% - Mhe Solutions Ltd

28% - Industry AVG

profitability

Profitability

an operating margin of -6.1% make it less profitable than the average company (4.2%)

-6.1% - Mhe Solutions Ltd

4.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (74)

1 - Mhe Solutions Ltd

74 - Industry AVG

paystructure

Pay Structure

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

£39.7k - Mhe Solutions Ltd

£39.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £23.6k, this is less efficient (£111.6k)

£23.6k - Mhe Solutions Ltd

£111.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 117 days, this is later than average (63 days)

117 days - Mhe Solutions Ltd

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 34 days, this is quicker than average (50 days)

34 days - Mhe Solutions Ltd

50 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mhe Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mhe Solutions Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 109.1%, this is a higher level of debt than the average (45.7%)

109.1% - Mhe Solutions Ltd

45.7% - Industry AVG

MHE SOLUTIONS LTD financials

EXPORTms excel logo

Mhe Solutions Ltd's latest turnover from April 2022 is estimated at £23.6 thousand and the company has net assets of -£807. According to their latest financial statements, we estimate that Mhe Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2022Apr 2021Apr 2020
Turnover23,60123,3841,983
Other Income Or Grants000
Cost Of Sales19,62019,2501,539
Gross Profit3,9814,134444
Admin Expenses5,4315,462-1,989
Operating Profit-1,450-1,3282,433
Interest Payable000
Interest Receivable000
Pre-Tax Profit-1,450-1,3282,433
Tax00-462
Profit After Tax-1,450-1,3281,971
Dividends Paid000
Retained Profit-1,450-1,3281,971
Employee Costs39,65938,66438,870
Number Of Employees111
EBITDA*-1,450-1,3282,433

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2022Apr 2021Apr 2020
Tangible Assets1,2502,5003,750
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets1,2502,5003,750
Stock & work in progress000
Trade Debtors7,6238,043170
Group Debtors000
Misc Debtors000
Cash000
misc current assets000
total current assets7,6238,043170
total assets8,87310,5433,920
Bank overdraft000
Bank loan000
Trade Creditors 1,8577171,049
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities000
total current liabilities1,8577171,049
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities7,8239,183900
provisions000
total long term liabilities7,8239,183900
total liabilities9,6809,9001,949
net assets-8076431,971
total shareholders funds-8076431,971
Apr 2022Apr 2021Apr 2020
Operating Activities
Operating Profit-1,450-1,3282,433
Depreciation000
Amortisation000
Tax00-462
Stock000
Debtors-4207,873170
Creditors1,140-3321,049
Accruals and Deferred Income000
Deferred Taxes & Provisions000
Cash flow from operations110-9,5332,850
Investing Activities
capital expenditure1,2501,250-3,750
Change in Investments000
cash flow from investments1,2501,250-3,750
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities-1,3608,283900
share issue000
interest000
cash flow from financing-1,3608,283900
cash and cash equivalents
cash000
overdraft000
change in cash000

mhe solutions 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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Mhe Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mhe solutions ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in SS8 area or any other competitors across 12 key performance metrics.

mhe solutions ltd Ownership

MHE SOLUTIONS LTD group structure

Mhe Solutions Ltd has no subsidiary companies.

Ultimate parent company

MHE SOLUTIONS LTD

11936078

MHE SOLUTIONS LTD Shareholders

michael edwards 100%

mhe solutions ltd directors

Mhe Solutions Ltd currently has 1 director, Mr Michael Edwards serving since Apr 2019.

officercountryagestartendrole
Mr Michael EdwardsUnited Kingdom24 years Apr 2019- Director

P&L

April 2022

turnover

23.6k

+1%

operating profit

-1.5k

0%

gross margin

16.9%

-4.58%

turnover

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

Balance Sheet

April 2022

net assets

-807

-2.26%

total assets

8.9k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

mhe solutions ltd company details

company number

11936078

Type

Private limited with Share Capital

industry

25620 - Machining

incorporation date

April 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2022

previous names

N/A

accountant

-

auditor

-

address

136 small gains avenue, canvey island, essex, SS8 8LW

Bank

-

Legal Advisor

-

mhe solutions 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 mhe solutions ltd.

charges

mhe solutions ltd Companies House Filings - See Documents

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