montgomery tank services limitedEstimated Valuation
£5.5m
Pomanda estimates the enterprise value of MONTGOMERY TANK SERVICES LIMITED at £5.5m based on a Turnover of £10.5m and 0.52x industry multiple (adjusted for size and gross margin).
montgomery tank services limitedEstimated Valuation
£4.9m
Pomanda estimates the enterprise value of MONTGOMERY TANK SERVICES LIMITED at £4.9m based on an EBITDA of £1.3m and a 3.86x industry multiple (adjusted for size and gross margin).
montgomery tank services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MONTGOMERY TANK SERVICES LIMITED at £0 based on Net Assets of £-2.4m and 2.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Montgomery Tank Services LimitedOverview
Montgomery Tank Services Limited is a live company located in newtownabbey, BT36 4RF with a Companies House number of NI014185. It operates in the freight transport by road sector, SIC Code 49410. Founded in March 1980, it's largest shareholder is
montgomery transport ltd
with a 100% stake. Montgomery Tank Services Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£10.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Montgomery Tank Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £10.5m, make it in line with the average company (£9m)
£10.5m - Montgomery Tank Services Limited
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (8.5%)
33% - Montgomery Tank Services Limited
8.5% - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (21.8%)
15.4% - Montgomery Tank Services Limited
21.8% - Industry AVG
Profitability
an operating margin of 6.4% make it as profitable than the average company (5.5%)
6.4% - Montgomery Tank Services Limited
5.5% - Industry AVG
Employees
with 58 employees, this is similar to the industry average (60)
58 - Montgomery Tank Services Limited
60 - Industry AVG
Pay Structure
on an average salary of £53k, the company has a higher pay structure (£39.9k)
£53k - Montgomery Tank Services Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £180.9k, this is more efficient (£134.8k)
£180.9k - Montgomery Tank Services Limited
£134.8k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (52 days)
83 days - Montgomery Tank Services Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (31 days)
48 days - Montgomery Tank Services Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Montgomery Tank Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Montgomery Tank Services Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.4%, this is a higher level of debt than the average (60.8%)
120.4% - Montgomery Tank Services Limited
60.8% - Industry AVG
MONTGOMERY TANK SERVICES LIMITED financials
EXPORT
Montgomery Tank Services Limited's latest turnover from September 2023 is £10.5 million and the company has net assets of -£2.4 million. According to their latest financial statements, Montgomery Tank Services Limited has 58 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
10,489,513
9,778,333
6,808,824
4,478,391
4,065,226
8,629,374
7,626,152
8,509,532
9,388,011
6,377,944
7,528,006
7,364,451
7,837,424
8,299,657
Other Income Or Grants
Cost Of Sales
8,871,692
8,503,041
6,281,638
3,582,047
3,268,257
9,489,523
7,671,674
7,942,634
8,867,720
5,178,859
6,162,949
6,005,361
6,326,816
6,526,983
Gross Profit
1,617,821
1,275,292
527,186
896,343
796,969
-860,149
-45,522
566,898
520,291
388,929
277,200
313,566
820,050
1,163,723
896,105
Admin Expenses
945,271
-6,740
736,717
901,550
2,001,234
672,545
459,347
426,391
421,816
403,411
291,463
446,055
453,755
451,546
385,968
Operating Profit
672,550
1,282,032
-209,531
-5,207
-1,204,265
-1,532,694
-504,869
140,507
98,475
-14,482
-14,263
-132,489
366,295
712,177
510,137
Interest Payable
633,691
248,005
241,470
422,368
422,293
115,968
52,212
48,684
59,906
63,502
58,717
75,086
71,256
52,829
60,513
Interest Receivable
2
28,835
29,960
30,988
44,650
59,954
64,964
77,037
58,812
653
Pre-Tax Profit
102,588
1,034,027
-2,730,096
-427,575
-1,626,556
-1,642,491
-423,309
147,426
89,397
-33,334
-12,002
-154,541
427,192
719,295
463,053
Tax
-301,090
31,019
-16,293
313,977
89,276
-16,785
-18,372
5,529
-191
76,271
-112,195
-201,559
-119,222
Profit After Tax
-198,502
1,065,046
-2,746,389
-427,575
-1,626,556
-1,328,514
-334,033
130,641
71,025
-27,805
-12,193
-78,270
314,997
517,736
343,831
Dividends Paid
Retained Profit
-198,502
1,065,046
-2,746,389
-427,575
-1,626,556
-1,328,514
-334,033
130,641
71,025
-27,805
-12,193
-78,270
314,997
517,736
343,831
Employee Costs
3,076,094
2,706,294
1,356,305
823,168
1,673,071
2,453,362
2,186,343
2,410,872
2,511,172
2,169,700
2,186,554
2,356,330
2,157,936
1,925,340
1,806,701
Number Of Employees
58
51
39
24
49
62
62
68
74
70
71
74
69
63
66
EBITDA*
1,269,363
1,720,673
290,158
585,693
-499,064
-900,863
62,646
727,369
675,651
508,621
516,799
375,194
810,795
1,108,566
908,287
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
4,068,367
2,700,226
2,241,975
2,199,148
2,822,062
4,099,869
4,031,663
2,708,260
3,024,085
2,464,078
2,589,647
3,101,912
1,980,853
1,814,377
1,622,637
Intangible Assets
Investments & Other
4,261,627
4,261,627
4,345,917
Debtors (Due After 1 year)
Total Fixed Assets
4,068,367
2,700,226
2,241,975
6,460,775
7,083,689
8,445,786
4,031,663
2,708,260
3,024,085
2,464,078
2,589,647
3,101,912
1,980,853
1,814,377
1,622,637
Stock & work in progress
52,249
14,396
1,871
17,349
109,308
40,893
58,774
4,000
105,872
17,009
Trade Debtors
2,402,059
1,748,134
1,344,622
880,358
518,713
1,717,500
1,561,333
1,321,846
1,808,645
1,294,897
1,634,455
1,726,132
1,470,328
1,895,934
1,222,591
Group Debtors
3,596,515
3,651,523
2,858,630
3,162,302
2,898,510
2,816,690
2,852,319
2,859,963
2,858,840
2,858,933
2,861,311
2,940,907
2,924,621
1,940,095
1,799,020
Misc Debtors
216,051
79,874
179,706
119,484
380,922
440,264
212,329
80,988
49,566
76,387
64,808
112,742
177,721
74,477
78,638
Cash
1,691,809
1,454,129
766,009
532
498
534
541
439
265
207
244
174,739
717,371
misc current assets
total current assets
7,906,434
6,933,660
5,148,967
4,162,144
3,850,394
4,989,382
4,628,350
4,280,680
4,826,900
4,271,549
4,619,613
4,783,988
4,678,786
4,085,245
3,834,629
total assets
11,974,801
9,633,886
7,390,942
10,622,919
10,934,083
13,435,168
8,660,013
6,988,940
7,850,985
6,735,627
7,209,260
7,885,900
6,659,639
5,899,622
5,457,266
Bank overdraft
10,012,474
8,765,478
7,460,383
5,119,523
4,435,655
2,640,887
2,189,100
1,599,266
2,142,885
1,455,467
1,492,305
1,177,132
588,951
Bank loan
635,653
1,257,473
600,000
600,000
600,000
Trade Creditors
1,182,979
644,515
475,122
427,675
284,866
764,181
460,558
407,396
526,703
433,571
482,217
536,091
733,203
707,222
621,659
Group/Directors Accounts
190,779
336,525
191,222
2,074,258
2,099,549
2,393,871
125,719
200,663
116,058
259,553
163,862
257,132
208,050
174,434
554,947
other short term finances
hp & lease commitments
600,406
589,080
589,080
589,080
589,080
846,962
738,173
348,417
688,837
585,714
661,838
629,305
323,018
338,252
291,017
other current liabilities
361,572
315,451
289,414
300,280
96,997
227,071
139,344
306,263
287,194
330,899
284,078
448,492
744,946
895,966
877,618
total current liabilities
12,348,210
11,286,702
10,262,694
9,110,816
8,106,147
7,472,972
3,652,894
2,862,005
3,761,677
3,065,204
3,084,300
3,048,152
2,598,168
2,115,874
2,345,241
loans
1,257,127
1,835,834
2,400,000
hp & lease commitments
1,686,061
484,274
299,365
695,997
990,466
1,933,358
2,065,977
897,554
964,590
621,586
1,031,304
1,715,277
837,768
861,494
703,369
Accruals and Deferred Income
other liabilities
provisions
380,266
104,144
135,163
118,870
133,952
134,598
118,388
72,594
98,572
93,716
110,730
127,352
150,314
163,862
168,000
total long term liabilities
2,066,327
588,418
434,528
2,071,994
2,960,252
4,467,956
2,184,365
970,148
1,063,162
715,302
1,142,034
1,842,629
988,082
1,025,356
871,369
total liabilities
14,414,537
11,875,120
10,697,222
11,182,810
11,066,399
11,940,928
5,837,259
3,832,153
4,824,839
3,780,506
4,226,334
4,890,781
3,586,250
3,141,230
3,216,610
net assets
-2,439,736
-2,241,234
-3,306,280
-559,891
-132,316
1,494,240
2,822,754
3,156,787
3,026,146
2,955,121
2,982,926
2,995,119
3,073,389
2,758,392
2,240,656
total shareholders funds
-2,439,736
-2,241,234
-3,306,280
-559,891
-132,316
1,494,240
2,822,754
3,156,787
3,026,146
2,955,121
2,982,926
2,995,119
3,073,389
2,758,392
2,240,656
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
672,550
1,282,032
-209,531
-5,207
-1,204,265
-1,532,694
-504,869
140,507
98,475
-14,482
-14,263
-132,489
366,295
712,177
510,137
Depreciation
596,813
438,641
499,689
590,900
705,201
631,831
567,515
586,862
577,176
523,103
531,062
507,683
444,500
396,389
398,150
Amortisation
Tax
-301,090
31,019
-16,293
313,977
89,276
-16,785
-18,372
5,529
-191
76,271
-112,195
-201,559
-119,222
Stock
-52,249
37,853
12,525
-15,478
-91,959
68,415
-17,881
54,774
-101,872
105,872
-17,009
17,009
Debtors
735,094
1,096,573
220,814
363,999
-1,176,309
348,473
363,184
-454,254
486,834
-330,357
-219,207
207,111
662,164
810,257
3,100,249
Creditors
538,464
169,393
47,447
142,809
-479,315
303,623
53,162
-119,307
93,132
-48,646
-53,874
-197,112
25,981
85,563
621,659
Accruals and Deferred Income
46,121
26,037
-10,866
203,283
-130,074
87,727
-166,919
19,069
-43,705
46,821
-164,414
-296,454
-151,020
18,348
877,618
Deferred Taxes & Provisions
276,122
-31,019
16,293
-15,082
-646
16,210
45,794
-25,978
4,856
-17,014
-16,622
-22,962
-13,548
-4,138
168,000
Cash flow from operations
1,093,886
819,530
105,925
604,953
29,357
-540,324
-263,747
1,130,581
156,313
843,549
446,131
-170,302
-208,023
213,532
-660,916
Investing Activities
capital expenditure
-1,964,954
-896,892
-542,516
32,014
572,606
-700,037
-1,890,918
-271,037
-1,137,183
-397,534
-18,797
-1,628,742
-610,976
-588,129
-2,020,787
Change in Investments
-4,261,627
-84,290
4,345,917
cash flow from investments
-1,964,954
-896,892
3,719,111
32,014
656,896
-5,045,954
-1,890,918
-271,037
-1,137,183
-397,534
-18,797
-1,628,742
-610,976
-588,129
-2,020,787
Financing Activities
Bank loans
-635,653
-621,820
657,473
600,000
Group/Directors Accounts
-145,746
145,303
-1,883,036
-25,291
-294,322
2,268,152
-74,944
84,605
-143,495
95,691
-93,270
49,082
33,616
-380,513
554,947
Other Short Term Loans
Long term loans
-1,257,127
-578,707
-564,166
2,400,000
Hire Purchase and Lease Commitments
1,213,113
184,909
-396,632
-294,469
-1,200,774
-23,830
1,558,179
-407,456
446,127
-485,842
-651,440
1,183,796
-38,960
205,360
994,386
other long term liabilities
share issue
1,896,825
interest
-633,691
-248,005
-241,470
-422,368
-422,291
-115,968
-23,377
-18,724
-28,918
-18,852
1,237
-10,122
5,781
5,983
-59,860
cash flow from financing
-201,977
-539,613
-3,120,792
-1,320,835
-2,481,553
5,128,354
1,459,858
-341,575
273,714
-409,003
-743,473
1,222,756
437
-169,170
3,386,298
cash and cash equivalents
cash
237,680
688,120
766,009
-532
34
-36
-7
102
174
58
-37
-174,495
-542,632
717,371
overdraft
1,246,996
1,305,095
2,340,860
683,868
1,794,768
451,787
589,834
-543,619
687,418
-36,838
315,173
588,181
588,951
change in cash
-1,009,316
-616,975
-1,574,851
-683,868
-1,795,300
-451,753
-589,870
543,612
-687,316
37,012
-315,115
-588,218
-763,446
-542,632
717,371
montgomery tank services 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 montgomery tank services limited. Get real-time insights into montgomery tank services limited's credit score, group structure and payment trends.
Montgomery Tank Services Limited Competitor Analysis
Perform a competitor analysis for montgomery tank services limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in BT36 area or any other competitors across 12 key performance metrics.
montgomery tank services limited Ownership
MONTGOMERY TANK SERVICES LIMITED group structure
Montgomery Tank Services Limited has 1 subsidiary company.
The sole shareholder of Montgomery Tank Services Limited is Montgomery Transport Ltd.
montgomery transport ltd
100%
montgomery tank services limited directors
Montgomery Tank Services Limited currently has 2 directors.
The longest serving directors include
Mr Harold Montgomery (Dec 2016) and
Mr Colin Montgomery (Sep 2020).
montgomery tank services 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 4 charges/mortgages relating to montgomery tank services limited. Currently there are 4 open charges and 0 have been satisfied in the past.
montgomery tank services 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 MONTGOMERY TANK SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
montgomery tank services limitedCompanies House Filings - See Documents
