maj scaffolding ltd

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maj scaffolding ltd Company Information

Share MAJ SCAFFOLDING LTD

Company Number

12118685

Shareholders

jamie marshall

dawn walker

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Group Structure

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Industry

Scaffold erection

 

Registered Address

4 midland road, scunthorpe, north lincolnshire, DN16 1DQ

maj scaffolding ltd Estimated Valuation

£543.2k

Pomanda estimates the enterprise value of MAJ SCAFFOLDING LTD at £543.2k based on a Turnover of £1.6m and 0.34x industry multiple (adjusted for size and gross margin).

maj scaffolding ltd Estimated Valuation

£378.2k

Pomanda estimates the enterprise value of MAJ SCAFFOLDING LTD at £378.2k based on an EBITDA of £112.8k and a 3.35x industry multiple (adjusted for size and gross margin).

maj scaffolding ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of MAJ SCAFFOLDING LTD at £1m based on Net Assets of £443.6k and 2.32x industry multiple (adjusted for liquidity).

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Maj Scaffolding Ltd Overview

Maj Scaffolding Ltd is a live company located in north lincolnshire, DN16 1DQ with a Companies House number of 12118685. It operates in the scaffold erection sector, SIC Code 43991. Founded in July 2019, it's largest shareholder is jamie marshall with a 33.3% stake. Maj Scaffolding Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.

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Maj Scaffolding Ltd Health Check

Pomanda's financial health check has awarded Maj Scaffolding Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1.6m, make it larger than the average company (£1.2m)

£1.6m - Maj Scaffolding Ltd

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (10.8%)

4% - Maj Scaffolding Ltd

10.8% - Industry AVG

production

Production

with a gross margin of 27.5%, this company has a higher cost of product (37.4%)

27.5% - Maj Scaffolding Ltd

37.4% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (10.7%)

1.6% - Maj Scaffolding Ltd

10.7% - Industry AVG

employees

Employees

with 32 employees, this is above the industry average (8)

32 - Maj Scaffolding Ltd

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)

£38.1k - Maj Scaffolding Ltd

£38.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £49.6k, this is less efficient (£94.6k)

£49.6k - Maj Scaffolding Ltd

£94.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 76 days, this is later than average (60 days)

76 days - Maj Scaffolding Ltd

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 86 days, this is slower than average (21 days)

86 days - Maj Scaffolding Ltd

21 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 28 days, this is more than average (12 days)

28 days - Maj Scaffolding Ltd

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (15 weeks)

31 weeks - Maj Scaffolding Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.1%, this is a similar level of debt than the average (48.3%)

50.1% - Maj Scaffolding Ltd

48.3% - Industry AVG

MAJ SCAFFOLDING LTD financials

EXPORTms excel logo

Maj Scaffolding Ltd's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £443.6 thousand. According to their latest financial statements, Maj Scaffolding Ltd has 32 employees and maintains cash reserves of £167.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Turnover1,586,4871,011,4171,013,7821,396,963704,126
Other Income Or Grants
Cost Of Sales1,150,749727,012742,1571,041,083514,985
Gross Profit435,738284,405271,625355,880189,141
Admin Expenses410,549238,976-101,174388,41659,061
Operating Profit25,18945,429372,799-32,536130,080
Interest Payable
Interest Receivable7,4688,1421,0232724
Pre-Tax Profit32,65753,572373,822-32,509130,104
Tax-8,164-10,179-71,026-24,720
Profit After Tax24,49343,393302,796-32,509105,384
Dividends Paid
Retained Profit24,49343,393302,796-32,509105,384
Employee Costs1,218,986987,713829,284789,217675,198
Number Of Employees3227242419
EBITDA*112,767128,437427,64014,062146,107

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets298,549271,250253,656169,245168,949
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets298,549271,250253,656169,245168,949
Stock & work in progress91,164360,094137,107121,97575,219
Trade Debtors331,61167,821203,670316,36195,647
Group Debtors
Misc Debtors
Cash167,449117,048266,1286,67447,031
misc current assets
total current assets590,224544,963606,905445,010217,897
total assets888,773816,213860,561614,255386,846
Bank overdraft
Bank loan
Trade Creditors 274,280272,177360,088432,736185,563
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities274,280272,177360,088432,736185,563
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities96,95575,19276,98676,48671,177
provisions73,97849,77747,81332,15524,719
total long term liabilities170,933124,969124,799108,64195,896
total liabilities445,213397,146484,887541,377281,459
net assets443,560419,067375,67472,878105,387
total shareholders funds443,560419,067375,67472,878105,387
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit25,18945,429372,799-32,536130,080
Depreciation87,57883,00854,84146,59816,027
Amortisation
Tax-8,164-10,179-71,026-24,720
Stock-268,930222,98715,13246,75675,219
Debtors263,790-135,849-112,691220,71495,647
Creditors2,103-87,911-72,648247,173185,563
Accruals and Deferred Income
Deferred Taxes & Provisions24,2011,96415,6587,43624,719
Cash flow from operations136,047-54,827397,1831,201160,803
Investing Activities
capital expenditure-114,877-100,602-139,252-46,894-184,976
Change in Investments
cash flow from investments-114,877-100,602-139,252-46,894-184,976
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities21,763-1,7945005,30971,177
share issue3
interest7,4688,1421,0232724
cash flow from financing29,2316,3481,5235,33671,204
cash and cash equivalents
cash50,401-149,080259,454-40,35747,031
overdraft
change in cash50,401-149,080259,454-40,35747,031

maj scaffolding 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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Maj Scaffolding Ltd Competitor Analysis

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Perform a competitor analysis for maj scaffolding ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DN16 area or any other competitors across 12 key performance metrics.

maj scaffolding ltd Ownership

MAJ SCAFFOLDING LTD group structure

Maj Scaffolding Ltd has no subsidiary companies.

Ultimate parent company

MAJ SCAFFOLDING LTD

12118685

MAJ SCAFFOLDING LTD Shareholders

jamie marshall 33.33%
dawn walker 33.33%
darren wothers 33.33%

maj scaffolding ltd directors

Maj Scaffolding Ltd currently has 3 directors. The longest serving directors include Mr Darren Wothers (Aug 2019) and Mr Jamie Marshall (Aug 2019).

officercountryagestartendrole
Mr Darren WothersUnited Kingdom57 years Aug 2019- Director
Mr Jamie MarshallEngland48 years Aug 2019- Director
Mrs Dawn WalkerEngland54 years Aug 2019- Director

P&L

March 2024

turnover

1.6m

+57%

operating profit

25.2k

0%

gross margin

27.5%

-2.33%

turnover

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

Balance Sheet

March 2024

net assets

443.6k

+0.06%

total assets

888.8k

+0.09%

cash

167.4k

+0.43%

net assets

Total assets minus all liabilities

maj scaffolding ltd company details

company number

12118685

Type

Private limited with Share Capital

industry

43991 - Scaffold erection

incorporation date

July 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

4 midland road, scunthorpe, north lincolnshire, DN16 1DQ

Bank

-

Legal Advisor

-

maj scaffolding 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 3 charges/mortgages relating to maj scaffolding ltd. Currently there are 3 open charges and 0 have been satisfied in the past.

maj scaffolding 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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maj scaffolding ltd Companies House Filings - See Documents

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