Mol Tools & Abrasives Limited

POWER SEARCH PRICING

SOLUTIONS

mol tools & abrasives limited Company Information

Live

MatureSmallHealthy

Company Number

NI042616

Website

www.moltools.co.uk

Registered Address

6 lisgorgan lane, upperlands, maghera, BT46 5TE

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Telephone

02879645139

Next Accounts Due

September 2024

Group Structure

View All

Directors

Michael O'Loughlin22 Years

Christopher Taylor2 Years

View All

Shareholders

united tooling solutions ltd 100%

mol tools & abrasives limited Estimated Valuation

£11.1m

Pomanda estimates the enterprise value of MOL TOOLS & ABRASIVES LIMITED at £11.1m based on Net Assets of £5.6m and 1.99x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Mol Tools & Abrasives Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Mol Tools & Abrasives Limited is a live company located in maghera, BT46 5TE with a Companies House number of NI042616. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in March 2002, it's largest shareholder is united tooling solutions ltd with a 100% stake. Mol Tools & Abrasives Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.4m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Mol Tools & Abrasives Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

1 Regular

6 Weak

Size

annual sales of £4.4m, make it smaller than the average company (£9.8m)

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for mol tools & abrasives limited. Get real-time insights into mol tools & abrasives limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for mol tools & abrasives limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

MOL TOOLS & ABRASIVES LIMITED group structure

Mol Tools & Abrasives Limited has no subsidiary companies.

Ultimate parent company

TROY GROUP HOLDINGS LIMITED

14475692

UNITED TOOLING SOLUTIONS LIMITED

09845718

2 parents

MOL TOOLS & ABRASIVES LIMITED

NI042616

MOL TOOLS & ABRASIVES LIMITED Shareholders

united tooling solutions ltd

100%

Mol Tools & Abrasives Limited currently has 5 directors. The longest serving directors include Mr Michael O'Loughlin (Apr 2002) and Mr Christopher Taylor (Oct 2021).

officer	country	age	start	end	role
Mr Michael O'Loughlin		52 years	Apr 2002	-	Director
Mr Christopher Taylor	Scotland	43 years	Oct 2021	-	Director
Mr Paul Kilbride	Wales	60 years	Oct 2021	-	Director
Mr David Jackson	Scotland	58 years	Oct 2021	-	Director
Mr Paul Kilbride	Scotland	60 years	Oct 2021	-	Director

EXPORT

Mol Tools & Abrasives Limited's latest turnover from December 2022 is estimated at £4.4 million and the company has net assets of £5.6 million. According to their latest financial statements, Mol Tools & Abrasives Limited has 16 employees and maintains cash reserves of £112.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	4,409,806	3,665,594	4,208,657	2,809,618	2,921,693	2,887,553	2,520,201	2,600,308	2,224,011	2,164,297	1,978,244	1,851,117	1,585,766	1,664,923
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,130,614	2,656,178	3,181,601	2,107,337	2,126,871	2,144,769	1,876,487	1,872,584	1,623,198	1,594,759	1,442,228	1,341,498	1,121,541	1,207,248
Gross Profit	1,279,192	1,009,415	1,027,056	702,280	794,822	742,785	643,714	727,724	600,813	569,538	536,016	509,619	464,225	457,675
Admin Expenses	104,123	-450,081	-152,148	-43,129	166,725	307,226	198,855	354,595	445,756	379,782	390,327	278,198	343,940	-427,976
Operating Profit	1,175,069	1,459,496	1,179,204	745,409	628,097	435,559	444,859	373,129	155,057	189,756	145,689	231,421	120,285	885,651
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	6,065	2,472	1,764	1,368	6,139	3,546	1,868	3,086	2,336	2,223	1,933	1,356	1,310	714
Pre-Tax Profit	1,181,133	1,461,968	1,180,968	746,777	634,236	439,105	446,727	376,215	157,394	191,978	147,622	232,778	121,595	886,365
Tax	-224,415	-277,774	-224,384	-141,888	-120,505	-83,430	-84,878	-75,243	-31,479	-40,315	-33,953	-55,867	-31,615	-248,182
Profit After Tax	956,718	1,184,194	956,584	604,889	513,731	355,675	361,849	300,972	125,915	151,663	113,669	176,911	89,980	638,183
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	956,718	1,184,194	956,584	604,889	513,731	355,675	361,849	300,972	125,915	151,663	113,669	176,911	89,980	638,183
Employee Costs	721,619	691,835	665,811	664,095	693,182	562,691	461,901	392,374	323,934	252,020	276,395	236,196	233,430	257,975
Number Of Employees	16	16	17	17	18	15	13	11	9	7	8	7	7	8
EBITDA*	1,200,660	1,466,719	1,226,940	785,938	666,457	471,496	472,926	392,349	173,333	205,922	160,228	244,560	128,088	897,830

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	92,580	71,148	472,043	447,749	433,659	391,022	336,423	183,944	114,488	60,803	66,838	53,935	49,503	49,165
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	92,580	71,148	472,043	447,749	433,659	391,022	336,423	183,944	114,488	60,803	66,838	53,935	49,503	49,165
Stock & work in progress	2,314,025	1,766,516	1,605,541	977,628	1,081,449	742,711	571,711	422,903	407,528	441,254	465,753	486,030	468,569	387,058
Trade Debtors	1,445,202	1,322,458	1,450,348	853,461	938,380	994,730	881,633	757,839	677,619	637,790	517,132	504,962	415,943	414,676
Group Debtors	2,868,312	1,692,527	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	697,074	584,246	120,408	7,636	49,975	74,716	7,003	6,400	0	0	0	0	0	0
Cash	112,259	234,287	1,783,946	1,743,097	992,889	644,089	774,380	720,056	514,411	420,184	468,936	304,453	238,020	285,784
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	7,436,872	5,600,034	4,960,243	3,581,822	3,062,693	2,456,246	2,234,727	1,907,198	1,599,558	1,499,228	1,451,821	1,295,445	1,122,532	1,087,518
total assets	7,529,452	5,671,182	5,432,286	4,029,571	3,496,352	2,847,268	2,571,150	2,091,142	1,714,046	1,560,031	1,518,659	1,349,380	1,172,035	1,136,683
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,373,142	455,040	762,015	358,577	488,924	400,061	460,686	362,618	408,465	381,612	489,582	437,246	433,464	481,418
Group/Directors Accounts	74,991	74,160	0	0	0	0	5,214	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	7,011	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	465,785	507,124	251,345	216,684	154,402	111,795	135,351	119,320	0	0	0	0	0	0
total current liabilities	1,920,929	1,036,324	1,013,360	575,261	643,326	511,856	601,251	481,938	408,465	381,612	489,582	437,246	433,464	481,418
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	16,947	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	1,389	4,722	0	0	0	738	4,853	0	4,904	7,563
provisions	17,127	17,127	28,805	20,773	22,989	15,773	10,657	11,811	9,160	7,175	5,381	6,960	5,404	9,419
total long term liabilities	34,074	17,127	28,805	20,773	24,378	20,495	10,657	11,811	9,160	7,913	10,234	6,960	10,308	16,982
total liabilities	1,955,003	1,053,451	1,042,165	596,034	667,704	532,351	611,908	493,749	417,625	389,525	499,816	444,206	443,772	498,400
net assets	5,574,449	4,617,731	4,390,121	3,433,537	2,828,648	2,314,917	1,959,242	1,597,393	1,296,421	1,170,506	1,018,843	905,174	728,263	638,283
total shareholders funds	5,574,449	4,617,731	4,390,121	3,433,537	2,828,648	2,314,917	1,959,242	1,597,393	1,296,421	1,170,506	1,018,843	905,174	728,263	638,283

	Dec 2022	Dec 2021	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	1,175,069	1,459,496	1,179,204	745,409	628,097	435,559	444,859	373,129	155,057	189,756	145,689	231,421	120,285	885,651
Depreciation	25,591	7,223	47,736	40,529	38,360	35,937	28,067	19,220	18,276	16,166	14,539	13,139	7,803	12,179
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-224,415	-277,774	-224,384	-141,888	-120,505	-83,430	-84,878	-75,243	-31,479	-40,315	-33,953	-55,867	-31,615	-248,182
Stock	547,509	788,888	627,913	-103,821	338,738	171,000	148,808	15,375	-33,726	-24,499	-20,277	17,461	81,511	387,058
Debtors	1,411,357	2,738,134	709,659	-127,258	-81,091	180,810	124,397	86,620	39,829	120,658	12,170	89,019	1,267	414,676
Creditors	918,102	96,463	403,438	-130,347	88,863	-60,625	98,068	-45,847	26,853	-107,970	52,336	3,782	-47,954	481,418
Accruals and Deferred Income	-41,339	290,440	34,661	62,282	42,607	-23,556	16,031	119,320	0	0	0	0	0	0
Deferred Taxes & Provisions	0	-3,646	8,032	-2,216	7,216	5,116	-1,154	2,651	1,985	1,794	-1,579	1,556	-4,015	9,419
Cash flow from operations	-105,858	-1,954,820	111,115	804,848	426,991	-42,809	227,788	291,235	164,589	-36,728	185,139	87,551	-38,274	338,751
Investing Activities
capital expenditure	-47,023	369,378	-72,030	-54,619	-80,997	-90,536	-180,546	-88,676	-71,961	-10,131	-27,442	-17,571	-8,141	-61,344
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-47,023	369,378	-72,030	-54,619	-80,997	-90,536	-180,546	-88,676	-71,961	-10,131	-27,442	-17,571	-8,141	-61,344
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	831	74,160	0	0	0	-5,214	5,214	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	23,958	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	-1,389	-3,333	4,722	0	0	-738	-4,115	4,853	-4,904	-2,659	7,563
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	6,065	2,472	1,764	1,368	6,139	3,546	1,868	3,086	2,336	2,223	1,933	1,356	1,310	714
cash flow from financing	30,854	76,632	1,764	-21	2,806	3,054	7,082	3,086	1,598	-1,892	6,786	-3,548	-1,349	8,377
cash and cash equivalents
cash	-122,028	-1,508,810	40,849	750,208	348,800	-130,291	54,324	205,645	94,227	-48,752	164,483	66,433	-47,764	285,784
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-122,028	-1,508,810	40,849	750,208	348,800	-130,291	54,324	205,645	94,227	-48,752	164,483	66,433	-47,764	285,784

P&L

December 2022

turnover

4.4m

+20%

operating profit

1.2m

gross margin

29.1%

+5.34%

turnover

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

Balance Sheet

December 2022

net assets

5.6m

+0.21%

total assets

7.5m

+0.33%

cash

112.3k

-0.52%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

w & d mcculloch (holdings) ltd.

apex generators limited

red-d-arc limited

byworth boiler hire limited

bcb n.e. limited

company number

NI042616

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

March 2002

age

accounts

Audit Exemption Subsidiary

ultimate parent company

TROY GROUP HOLDINGS LIMITED

previous names

N/A

incorporated

address

6 lisgorgan lane, upperlands, maghera, BT46 5TE

last accounts submitted

December 2022

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 mol tools & abrasives limited. Currently there are 3 open charges and 0 have been satisfied in the past.

mol tools & abrasives limited Company Information

mol tools & abrasives limited Estimated Valuation

mol tools & abrasives limited Estimated Valuation

mol tools & abrasives limited Estimated Valuation

Mol Tools & Abrasives Limited AI Business Plan

Mol Tools & Abrasives Limited Overview

Mol Tools & Abrasives Limited Health Check

mol tools & abrasives limited Credit Report and Business Information

Mol Tools & Abrasives Limited Competitor Analysis

mol tools & abrasives limited Ownership

mol tools & abrasives limited directors

MOL TOOLS & ABRASIVES LIMITED financials

mol tools & abrasives limited company details

mol tools & abrasives limited Charges & Mortgages

mol tools & abrasives limited Companies House Filings - See Documents