meldrum fire engineering limited

meldrum fire engineering limited Company Information

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Company Number

14407158

Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Shareholders

meldrum construction services group limited

Group Structure

View All

Contact

Registered Address

pantheon building, lancaster road, gateshead, NE11 9JW

Website

-

meldrum fire engineering limited Estimated Valuation

£316.1k

Pomanda estimates the enterprise value of MELDRUM FIRE ENGINEERING LIMITED at £316.1k based on a Turnover of £785k and 0.4x industry multiple (adjusted for size and gross margin).

meldrum fire engineering limited Estimated Valuation

£13.8k

Pomanda estimates the enterprise value of MELDRUM FIRE ENGINEERING LIMITED at £13.8k based on an EBITDA of £3.9k and a 3.57x industry multiple (adjusted for size and gross margin).

meldrum fire engineering limited Estimated Valuation

£8.2k

Pomanda estimates the enterprise value of MELDRUM FIRE ENGINEERING LIMITED at £8.2k based on Net Assets of £3.3k and 2.51x industry multiple (adjusted for liquidity).

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Meldrum Fire Engineering Limited Overview

Meldrum Fire Engineering Limited is a live company located in gateshead, NE11 9JW with a Companies House number of 14407158. It operates in the other engineering activities sector, SIC Code 71129. Founded in October 2022, it's largest shareholder is meldrum construction services group limited with a 100% stake. Meldrum Fire Engineering Limited is a startup, small sized company, Pomanda has estimated its turnover at £785k with unknown growth in recent years.

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Meldrum Fire Engineering Limited Health Check

Pomanda's financial health check has awarded Meldrum Fire Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

8 Weak

size

Size

annual sales of £785k, make it smaller than the average company (£5.5m)

£785k - Meldrum Fire Engineering Limited

£5.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Meldrum Fire Engineering Limited

- - Industry AVG

production

Production

with a gross margin of 17.5%, this company has a higher cost of product (32.9%)

17.5% - Meldrum Fire Engineering Limited

32.9% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (5.7%)

0.5% - Meldrum Fire Engineering Limited

5.7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (37)

4 - Meldrum Fire Engineering Limited

37 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Meldrum Fire Engineering Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £196.3k, this is more efficient (£136.3k)

£196.3k - Meldrum Fire Engineering Limited

£136.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 171 days, this is later than average (66 days)

171 days - Meldrum Fire Engineering Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (26 days)

2 days - Meldrum Fire Engineering Limited

26 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (39 days)

0 days - Meldrum Fire Engineering Limited

39 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (18 weeks)

1 weeks - Meldrum Fire Engineering Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (56.8%)

99.3% - Meldrum Fire Engineering Limited

56.8% - Industry AVG

MELDRUM FIRE ENGINEERING LIMITED financials

EXPORTms excel logo

Meldrum Fire Engineering Limited's latest turnover from December 2023 is estimated at £785 thousand and the company has net assets of £3.3 thousand. According to their latest financial statements, we estimate that Meldrum Fire Engineering Limited has 4 employees and maintains cash reserves of £12.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022
Turnover785,0280
Other Income Or Grants00
Cost Of Sales647,8540
Gross Profit137,1740
Admin Expenses133,3000
Operating Profit3,8740
Interest Payable00
Interest Receivable3390
Pre-Tax Profit4,2130
Tax-1,0530
Profit After Tax3,1600
Dividends Paid00
Retained Profit3,1600
Employee Costs00
Number Of Employees40
EBITDA*3,8740

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022
Tangible Assets00
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets00
Stock & work in progress3440
Trade Debtors369,3540
Group Debtors50,000100
Misc Debtors2,3730
Cash12,9090
misc current assets00
total current assets434,980100
total assets434,980100
Bank overdraft00
Bank loan00
Trade Creditors 4,9830
Group/Directors Accounts425,4560
other short term finances00
hp & lease commitments00
other current liabilities1,2810
total current liabilities431,7200
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities431,7200
net assets3,260100
total shareholders funds3,260100
Dec 2023Dec 2022
Operating Activities
Operating Profit3,8740
Depreciation00
Amortisation00
Tax-1,0530
Stock3440
Debtors421,627100
Creditors4,9830
Accruals and Deferred Income1,2810
Deferred Taxes & Provisions00
Cash flow from operations-412,886-100
Investing Activities
capital expenditure00
Change in Investments00
cash flow from investments00
Financing Activities
Bank loans00
Group/Directors Accounts425,4560
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue0100
interest3390
cash flow from financing425,795100
cash and cash equivalents
cash12,9090
overdraft00
change in cash12,9090

meldrum fire engineering limited 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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Meldrum Fire Engineering Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for meldrum fire engineering limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NE11 area or any other competitors across 12 key performance metrics.

meldrum fire engineering limited Ownership

MELDRUM FIRE ENGINEERING LIMITED group structure

Meldrum Fire Engineering Limited has no subsidiary companies.

Ultimate parent company

2 parents

MELDRUM FIRE ENGINEERING LIMITED

14407158

MELDRUM FIRE ENGINEERING LIMITED Shareholders

meldrum construction services group limited 100%

meldrum fire engineering limited directors

Meldrum Fire Engineering Limited currently has 2 directors. The longest serving directors include Mr David Meldrum (Oct 2022) and Mr Simon Bissell (Oct 2022).

officercountryagestartendrole
Mr David MeldrumUnited Kingdom61 years Oct 2022- Director
Mr Simon BissellUnited Kingdom49 years Oct 2022- Director

P&L

December 2023

turnover

785k

0%

operating profit

3.9k

0%

gross margin

17.5%

0%

turnover

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

Balance Sheet

December 2023

net assets

3.3k

+31.6%

total assets

435k

+4348.8%

cash

12.9k

0%

net assets

Total assets minus all liabilities

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meldrum fire engineering limited company details

company number

14407158

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)

incorporation date

October 2022

age

2

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

ARMSTRONG WATSON AUDIT LIMITED

auditor

-

address

pantheon building, lancaster road, gateshead, NE11 9JW

Bank

-

Legal Advisor

-

meldrum fire engineering 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 did not find charges/mortgages relating to meldrum fire engineering limited.

meldrum fire engineering 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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meldrum fire engineering limited Companies House Filings - See Documents

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