Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Pomanda estimates the enterprise value of EXI MEP LIMITED at £724.1k based on a Turnover of £1.6m and 0.46x industry multiple (adjusted for size and gross margin).
exi mep limitedEstimated Valuation
£650k
Pomanda estimates the enterprise value of EXI MEP LIMITED at £650k based on an EBITDA of £179.5k and a 3.62x industry multiple (adjusted for size and gross margin).
exi mep limitedEstimated Valuation
£772.4k
Pomanda estimates the enterprise value of EXI MEP LIMITED at £772.4k based on Net Assets of £378.1k and 2.04x industry multiple (adjusted for liquidity).
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Exi Mep LimitedOverview
Exi Mep Limited is a live company located in coventry, CV5 6EF with a Companies House number of 13596139. It operates in the other engineering activities sector, SIC Code 71129. Founded in September 2021, it's largest shareholder is
exi mep group limited
with a 74% stake. Exi Mep Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£1.6m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Exi Mep Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£3.1m)
£1.6m - Exi Mep Limited
£3.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Exi Mep Limited
- - Industry AVG
Production
with a gross margin of 35.5%, this company has a comparable cost of product (35.5%)
35.5% - Exi Mep Limited
35.5% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (6.6%)
11.2% - Exi Mep Limited
6.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (24)
9 - Exi Mep Limited
24 - Industry AVG
Pay Structure
on an average salary of £53.2k, the company has an equivalent pay structure (£53.2k)
£53.2k - Exi Mep Limited
£53.2k - Industry AVG
Efficiency
resulting in sales per employee of £175.2k, this is more efficient (£127.8k)
£175.2k - Exi Mep Limited
£127.8k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (69 days)
114 days - Exi Mep Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (27 days)
13 days - Exi Mep Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Exi Mep Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 38 weeks, this is more cash available to meet short term requirements (20 weeks)
38 weeks - Exi Mep Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.2%, this is a similar level of debt than the average (56.2%)
55.2% - Exi Mep Limited
56.2% - Industry AVG
EXI MEP LIMITED financials
EXPORT
Exi Mep Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £378.1 thousand. According to their latest financial statements, Exi Mep Limited has 9 employees and maintains cash reserves of £344.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Turnover
1,576,788
1,189,235
678,477
Other Income Or Grants
Cost Of Sales
1,016,585
778,630
447,957
Gross Profit
560,203
410,605
230,520
Admin Expenses
383,435
224,024
139,347
Operating Profit
176,768
186,581
91,173
Interest Payable
Interest Receivable
16,976
9,000
455
Pre-Tax Profit
193,744
195,581
91,628
Tax
-48,436
-37,160
-17,409
Profit After Tax
145,308
158,421
74,219
Dividends Paid
Retained Profit
145,308
158,421
74,219
Employee Costs
479,017
308,336
298,332
Number Of Employees
9
6
6
EBITDA*
179,484
188,858
91,584
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Tangible Assets
3,029
4,488
5,690
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,029
4,488
5,690
Stock & work in progress
Trade Debtors
495,592
378,546
202,760
Group Debtors
Misc Debtors
37
36
3,170
Cash
344,568
302,118
121,424
misc current assets
total current assets
840,197
680,700
327,354
total assets
843,226
685,188
333,044
Bank overdraft
Bank loan
Trade Creditors
38,024
45,229
2,220
Group/Directors Accounts
87,784
96,438
9,900
other short term finances
hp & lease commitments
other current liabilities
339,366
310,778
246,602
total current liabilities
465,174
452,445
258,722
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
465,174
452,445
258,722
net assets
378,052
232,743
74,322
total shareholders funds
378,052
232,743
74,322
Mar 2024
Mar 2023
Mar 2022
Operating Activities
Operating Profit
176,768
186,581
91,173
Depreciation
2,716
2,277
411
Amortisation
Tax
-48,436
-37,160
-17,409
Stock
Debtors
117,047
172,652
205,930
Creditors
-7,205
43,009
2,220
Accruals and Deferred Income
28,588
64,176
246,602
Deferred Taxes & Provisions
Cash flow from operations
35,384
86,231
117,067
Investing Activities
capital expenditure
-1,257
-1,075
-6,101
Change in Investments
cash flow from investments
-1,257
-1,075
-6,101
Financing Activities
Bank loans
Group/Directors Accounts
-8,654
86,538
9,900
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
103
interest
16,976
9,000
455
cash flow from financing
8,323
95,538
10,458
cash and cash equivalents
cash
42,450
180,694
121,424
overdraft
change in cash
42,450
180,694
121,424
exi mep limited 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 exi mep limited. Get real-time insights into exi mep limited's credit score, group structure and payment trends.
Perform a competitor analysis for exi mep limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CV5 area or any other competitors across 12 key performance metrics.
The largest shareholders in Exi Mep Limited include Exi Mep Group Limited and Jasper Sealey-Wade.
exi mep group limited
74.04%
jasper sealey-wade
25%
debbie anne sealey-wade
0.96%
exi mep limited directors
Exi Mep Limited currently has 3 directors.
The longest serving directors include
Mr Richard Kinnersley (Sep 2021) and
Mr Jasper Sealey-Wade (Jul 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
378.1k
+0.62%
total assets
843.2k
+0.23%
cash
344.6k
+0.14%
net assets
Total assets minus all liabilities
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exi mep limited company details
company number
13596139
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
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 exi mep limited.
exi mep 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.
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exi mep limitedCompanies House Filings - See Documents
