m group services plant & fleet solutions limited
m group services plant & fleet solutions limited Company Information
Company Number
12291050
Next Accounts
Dec 2025
Shareholders
m group services limited
Group Structure
View All
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Registered Address
abel smith house, gunnels wood road, stevenage, hertfordshire, SG1 2ST
Website
http://morrisonus.comm group services plant & fleet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED at £82.1m based on a Turnover of £132.1m and 0.62x industry multiple (adjusted for size and gross margin).
m group services plant & fleet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED at £49.4m based on an EBITDA of £14.6m and a 3.39x industry multiple (adjusted for size and gross margin).
m group services plant & fleet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED at £13.7m based on Net Assets of £6.3m and 2.15x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
M Group Services Plant & Fleet Solutions Limited Overview
M Group Services Plant & Fleet Solutions Limited is a live company located in stevenage, SG1 2ST with a Companies House number of 12291050. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in October 2019, it's largest shareholder is m group services limited with a 100% stake. M Group Services Plant & Fleet Solutions Limited is a young, mega sized company, Pomanda has estimated its turnover at £132.1m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
M Group Services Plant & Fleet Solutions Limited Health Check
Pomanda's financial health check has awarded M Group Services Plant & Fleet Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £132.1m, make it larger than the average company (£13.2m)
£132.1m - M Group Services Plant & Fleet Solutions Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.5%)
16% - M Group Services Plant & Fleet Solutions Limited
10.5% - Industry AVG
Production
with a gross margin of 3.3%, this company has a higher cost of product (33.4%)
3.3% - M Group Services Plant & Fleet Solutions Limited
33.4% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (11.2%)
1.9% - M Group Services Plant & Fleet Solutions Limited
11.2% - Industry AVG
Employees
with 248 employees, this is above the industry average (64)
248 - M Group Services Plant & Fleet Solutions Limited
64 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£45.7k)
£50.7k - M Group Services Plant & Fleet Solutions Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £532.5k, this is more efficient (£222k)
£532.5k - M Group Services Plant & Fleet Solutions Limited
£222k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (60 days)
6 days - M Group Services Plant & Fleet Solutions Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (48 days)
6 days - M Group Services Plant & Fleet Solutions Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (12 days)
0 days - M Group Services Plant & Fleet Solutions Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (7 weeks)
2 weeks - M Group Services Plant & Fleet Solutions Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.8%, this is a higher level of debt than the average (57.8%)
89.8% - M Group Services Plant & Fleet Solutions Limited
57.8% - Industry AVG
M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED financials
M Group Services Plant & Fleet Solutions Limited's latest turnover from March 2024 is £132.1 million and the company has net assets of £6.3 million. According to their latest financial statements, M Group Services Plant & Fleet Solutions Limited has 248 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Turnover | 132,062,000 | 107,163,000 | 85,202,000 | 83,938,000 |
| Other Income Or Grants | ||||
| Cost Of Sales | 127,691,000 | 100,894,000 | 82,031,000 | 80,720,000 |
| Gross Profit | 4,371,000 | 6,269,000 | 3,171,000 | 3,218,000 |
| Admin Expenses | 1,842,000 | 4,443,000 | 633,000 | 1,622,000 |
| Operating Profit | 2,529,000 | 1,826,000 | 2,538,000 | 1,596,000 |
| Interest Payable | 224,000 | 224,000 | 105,000 | 65,000 |
| Interest Receivable | 511,000 | |||
| Pre-Tax Profit | 2,816,000 | 1,602,000 | 2,433,000 | 1,531,000 |
| Tax | -1,864,000 | -458,000 | -366,000 | -346,000 |
| Profit After Tax | 952,000 | 1,144,000 | 2,067,000 | 1,185,000 |
| Dividends Paid | ||||
| Retained Profit | 952,000 | 1,144,000 | 2,067,000 | 1,185,000 |
| Employee Costs | 12,578,000 | 10,617,000 | 7,564,000 | 6,604,000 |
| Number Of Employees | 248 | 231 | 185 | 174 |
| EBITDA* | 14,577,000 | 10,305,000 | 9,237,000 | 7,383,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 24,443,000 | 24,470,000 | 24,932,000 | 17,726,000 |
| Intangible Assets | ||||
| Investments & Other | 5,000,000 | |||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 29,443,000 | 24,470,000 | 24,932,000 | 17,726,000 |
| Stock & work in progress | 202,000 | 252,000 | 252,000 | 139,000 |
| Trade Debtors | 2,180,000 | 461,000 | 215,000 | 161,000 |
| Group Debtors | 11,111,000 | 7,628,000 | 5,563,000 | 9,550,000 |
| Misc Debtors | 17,820,000 | 13,287,000 | 12,029,000 | 8,840,000 |
| Cash | 1,381,000 | 3,782,000 | 2,072,000 | 86,000 |
| misc current assets | ||||
| total current assets | 32,694,000 | 25,410,000 | 20,131,000 | 18,776,000 |
| total assets | 62,137,000 | 49,880,000 | 45,063,000 | 36,502,000 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 2,445,000 | 2,147,000 | 2,764,000 | 2,148,000 |
| Group/Directors Accounts | 3,341,000 | 8,869,000 | 9,052,000 | 8,790,000 |
| other short term finances | ||||
| hp & lease commitments | 1,944,000 | 1,527,000 | 1,523,000 | 930,000 |
| other current liabilities | 27,291,000 | 23,032,000 | 18,626,000 | 17,019,000 |
| total current liabilities | 35,021,000 | 35,575,000 | 31,965,000 | 28,887,000 |
| loans | 8,000,000 | |||
| hp & lease commitments | 5,020,000 | 2,550,000 | 3,292,000 | 523,000 |
| Accruals and Deferred Income | 4,300,000 | 4,040,000 | 3,730,000 | 2,526,000 |
| other liabilities | ||||
| provisions | 3,448,000 | 2,319,000 | 1,824,000 | 2,381,000 |
| total long term liabilities | 20,768,000 | 8,909,000 | 8,846,000 | 5,430,000 |
| total liabilities | 55,789,000 | 44,484,000 | 40,811,000 | 34,317,000 |
| net assets | 6,348,000 | 5,396,000 | 4,252,000 | 2,185,000 |
| total shareholders funds | 6,348,000 | 5,396,000 | 4,252,000 | 2,185,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 2,529,000 | 1,826,000 | 2,538,000 | 1,596,000 |
| Depreciation | 12,048,000 | 8,479,000 | 6,699,000 | 5,787,000 |
| Amortisation | ||||
| Tax | -1,864,000 | -458,000 | -366,000 | -346,000 |
| Stock | -50,000 | 113,000 | 139,000 | |
| Debtors | 9,735,000 | 3,569,000 | -744,000 | 18,551,000 |
| Creditors | 298,000 | -617,000 | 616,000 | 2,148,000 |
| Accruals and Deferred Income | 4,519,000 | 4,716,000 | 2,811,000 | 19,545,000 |
| Deferred Taxes & Provisions | 1,129,000 | 495,000 | -557,000 | 2,381,000 |
| Cash flow from operations | 8,974,000 | 10,872,000 | 12,372,000 | 12,421,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 5,000,000 | |||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -5,528,000 | -183,000 | 262,000 | 8,790,000 |
| Other Short Term Loans | ||||
| Long term loans | 8,000,000 | |||
| Hire Purchase and Lease Commitments | 2,887,000 | -738,000 | 3,362,000 | 1,453,000 |
| other long term liabilities | ||||
| share issue | ||||
| interest | 287,000 | -224,000 | -105,000 | -65,000 |
| cash flow from financing | 5,646,000 | -1,145,000 | 3,519,000 | 11,178,000 |
| cash and cash equivalents | ||||
| cash | -2,401,000 | 1,710,000 | 1,986,000 | 86,000 |
| overdraft | ||||
| change in cash | -2,401,000 | 1,710,000 | 1,986,000 | 86,000 |
m group services plant & fleet solutions limited Credit Report and Business Information
M Group Services Plant & Fleet Solutions Limited Competitor Analysis
Perform a competitor analysis for m group services plant & fleet solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in SG1 area or any other competitors across 12 key performance metrics.
m group services plant & fleet solutions limited Ownership
M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED group structure
M Group Services Plant & Fleet Solutions Limited has no subsidiary companies.
Ultimate parent company
2 parents
M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED
12291050
m group services plant & fleet solutions limited directors
M Group Services Plant & Fleet Solutions Limited currently has 11 directors. The longest serving directors include Mr James Arnold (Oct 2019) and Mr James Winnicott (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Arnold | England | 60 years | Oct 2019 | - | Director |
| Mr James Winnicott | England | 56 years | Oct 2019 | - | Director |
| Mr Martin Beesley | United Kingdom | 58 years | Oct 2019 | - | Director |
| Mr Andrew Findlay | United Kingdom | 55 years | Aug 2021 | - | Director |
| Mr Andrew Findlay | United Kingdom | 55 years | Aug 2021 | - | Director |
| Mr Alain Loosveld | England | 56 years | Sep 2022 | - | Director |
| Mr Christian Keen | 61 years | Sep 2022 | - | Director | |
| Mr Shaun Stephenson | England | 55 years | Jun 2023 | - | Director |
| Mr Jonathan Yarr | Scotland | 45 years | Jun 2023 | - | Director |
| Mrs Alexandra Owen | England | 46 years | Jun 2023 | - | Director |
P&L
March 2024turnover
132.1m
+23%
operating profit
2.5m
+38%
gross margin
3.4%
-43.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
6.3m
+0.18%
total assets
62.1m
+0.25%
cash
1.4m
-0.63%
net assets
Total assets minus all liabilities
m group services plant & fleet solutions limited company details
company number
12291050
Type
Private limited with Share Capital
industry
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
DELIOTTE LLP
address
abel smith house, gunnels wood road, stevenage, hertfordshire, SG1 2ST
Bank
-
Legal Advisor
-
m group services plant & fleet solutions limited 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 2 charges/mortgages relating to m group services plant & fleet solutions limited. Currently there are 1 open charges and 1 have been satisfied in the past.
m group services plant & fleet 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 M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
m group services plant & fleet solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
