Pomanda estimates the enterprise value of MASSEY CATERING EQUIPMENT LIMITED at £1m based on a Turnover of £3m and 0.34x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MASSEY CATERING EQUIPMENT LIMITED at £1.7m based on an EBITDA of £502.3k and a 3.48x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MASSEY CATERING EQUIPMENT LIMITED at £6.6m based on Net Assets of £3m and 2.24x industry multiple (adjusted for liquidity).
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Massey Catering Equipment LimitedOverview
Massey Catering Equipment Limited is a live company located in craigavon, BT67 0JE with a Companies House number of NI612998. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in May 2012, it's largest shareholder is
eileen elizabeth massey
with a 34.3% stake. Massey Catering Equipment Limited is a established,
small sized company, Pomanda has estimated its turnover at
£3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Massey Catering Equipment 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 £3m, make it smaller than the average company (£16.6m)
£3m - Massey Catering Equipment Limited
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (10.2%)
4% - Massey Catering Equipment Limited
10.2% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (28.6%)
21.2% - Massey Catering Equipment Limited
28.6% - Industry AVG
Profitability
an operating margin of 14.1% make it more profitable than the average company (5%)
14.1% - Massey Catering Equipment Limited
5% - Industry AVG
Employees
with 17 employees, this is below the industry average (41)
17 - Massey Catering Equipment Limited
41 - Industry AVG
Pay Structure
on an average salary of £53.3k, the company has an equivalent pay structure (£53.3k)
£53.3k - Massey Catering Equipment Limited
£53.3k - Industry AVG
Efficiency
resulting in sales per employee of £175.6k, this is less efficient (£377.1k)
£175.6k - Massey Catering Equipment Limited
£377.1k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (62 days)
88 days - Massey Catering Equipment Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (33 days)
139 days - Massey Catering Equipment Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is less than average (71 days)
48 days - Massey Catering Equipment Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 116 weeks, this is more cash available to meet short term requirements (13 weeks)
116 weeks - Massey Catering Equipment Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.3%, this is a lower level of debt than the average (55.2%)
23.3% - Massey Catering Equipment Limited
55.2% - Industry AVG
MASSEY CATERING EQUIPMENT LIMITED financials
EXPORT
Massey Catering Equipment Limited's latest turnover from May 2024 is estimated at £3 million and the company has net assets of £3 million. According to their latest financial statements, Massey Catering Equipment Limited has 17 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Turnover
2,985,215
3,125,211
2,425,270
2,621,652
2,563,669
2,878,456
2,444,907
2,634,088
3,887,123
2,988,019
3,182,789
1,925,102
Other Income Or Grants
Cost Of Sales
2,351,390
2,501,224
1,952,169
2,141,935
2,042,728
2,304,356
1,992,740
2,100,807
3,070,303
2,311,663
2,530,394
1,515,210
Gross Profit
633,826
623,986
473,102
479,718
520,941
574,100
452,167
533,281
816,820
676,356
652,396
409,892
Admin Expenses
213,635
270,120
222,806
52,294
330,777
287,315
175,739
368,731
761,540
478,860
108,298
-10,563
Operating Profit
420,191
353,866
250,296
427,424
190,164
286,785
276,428
164,550
55,280
197,496
544,098
420,455
Interest Payable
Interest Receivable
86,474
51,266
13,136
1,147
597
3,702
2,023
785
1,332
1,027
501
114
Pre-Tax Profit
506,665
405,132
263,432
428,570
190,762
290,486
278,451
165,335
56,611
198,523
544,599
420,569
Tax
-126,666
-101,283
-50,052
-81,428
-36,245
-55,192
-52,906
-31,414
-11,322
-39,704
-114,366
-96,731
Profit After Tax
379,999
303,849
213,380
347,142
154,517
235,294
225,545
133,921
45,289
158,818
430,233
323,838
Dividends Paid
Retained Profit
379,999
303,849
213,380
347,142
154,517
235,294
225,545
133,921
45,289
158,818
430,233
323,838
Employee Costs
906,287
586,517
573,909
603,203
645,899
723,978
657,023
277,607
390,962
313,698
309,070
188,613
Number Of Employees
17
12
12
13
14
16
15
7
10
8
8
5
EBITDA*
502,323
432,929
337,014
503,064
262,834
353,622
345,317
232,829
123,237
263,122
558,760
437,345
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Tangible Assets
295,985
289,121
316,278
83,548
75,250
49,559
65,806
54,334
63,426
61,351
47,478
51,490
Intangible Assets
500,000
550,000
600,000
650,000
700,000
750,000
800,000
850,000
900,000
950,000
200,000
200,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
795,985
839,121
916,278
733,548
775,250
799,559
865,806
904,334
963,426
1,011,351
247,478
251,490
Stock & work in progress
313,725
192,721
125,800
116,137
161,296
252,965
254,827
263,265
535,292
301,716
205,392
233,164
Trade Debtors
725,458
1,090,816
849,991
684,131
773,537
869,760
650,402
719,381
802,300
700,460
1,096,181
535,207
Group Debtors
Misc Debtors
Cash
2,015,154
1,279,096
999,400
1,627,728
665,672
529,134
457,933
351,289
276,668
255,967
154,730
45,710
misc current assets
total current assets
3,054,337
2,562,633
1,975,191
2,427,996
1,600,505
1,651,859
1,363,162
1,333,935
1,614,260
1,258,143
1,456,303
814,081
total assets
3,850,322
3,401,754
2,891,469
3,161,544
2,375,755
2,451,418
2,228,968
2,238,269
2,577,686
2,269,494
1,703,781
1,065,571
Bank overdraft
Bank loan
Trade Creditors
898,395
829,826
623,390
1,106,845
668,198
898,378
911,222
1,146,068
1,619,406
1,356,503
949,608
741,633
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
898,395
829,826
623,390
1,106,845
668,198
898,378
911,222
1,146,068
1,619,406
1,356,503
949,608
741,633
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
898,395
829,826
623,390
1,106,845
668,198
898,378
911,222
1,146,068
1,619,406
1,356,503
949,608
741,633
net assets
2,951,927
2,571,928
2,268,079
2,054,699
1,707,557
1,553,040
1,317,746
1,092,201
958,280
912,991
754,173
323,938
total shareholders funds
2,951,927
2,571,928
2,268,079
2,054,699
1,707,557
1,553,040
1,317,746
1,092,201
958,280
912,991
754,173
323,938
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Operating Activities
Operating Profit
420,191
353,866
250,296
427,424
190,164
286,785
276,428
164,550
55,280
197,496
544,098
420,455
Depreciation
32,132
29,063
36,718
25,640
22,670
16,837
18,889
18,279
17,957
15,626
14,662
16,890
Amortisation
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
Tax
-126,666
-101,283
-50,052
-81,428
-36,245
-55,192
-52,906
-31,414
-11,322
-39,704
-114,366
-96,731
Stock
121,004
66,921
9,663
-45,159
-91,669
-1,862
-8,438
-272,027
233,576
96,324
-27,772
233,164
Debtors
-365,358
240,825
165,860
-89,406
-96,223
219,358
-68,979
-82,919
101,840
-395,721
560,974
535,207
Creditors
68,569
206,436
-483,455
438,647
-230,180
-12,844
-234,846
-473,338
262,903
406,895
207,975
741,633
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
688,580
230,336
-372,016
994,848
184,301
68,090
134,982
83,023
39,402
929,710
119,167
313,876
Investing Activities
capital expenditure
-38,996
-1,906
-269,448
-33,938
-48,361
-590
-30,361
-9,187
-20,032
-829,499
-10,650
-268,380
Change in Investments
cash flow from investments
-38,996
-1,906
-269,448
-33,938
-48,361
-590
-30,361
-9,187
-20,032
-829,499
-10,650
-268,380
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
100
interest
86,474
51,266
13,136
1,147
597
3,702
2,023
785
1,332
1,027
501
114
cash flow from financing
86,474
51,266
13,136
1,147
597
3,702
2,023
785
1,332
1,027
503
214
cash and cash equivalents
cash
736,058
279,696
-628,328
962,056
136,538
71,201
106,644
74,621
20,701
101,237
109,020
45,710
overdraft
change in cash
736,058
279,696
-628,328
962,056
136,538
71,201
106,644
74,621
20,701
101,237
109,020
45,710
massey catering equipment 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 massey catering equipment limited. Get real-time insights into massey catering equipment limited's credit score, group structure and payment trends.
Perform a competitor analysis for massey catering equipment limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BT67 area or any other competitors across 12 key performance metrics.
massey catering equipment limited Ownership
MASSEY CATERING EQUIPMENT LIMITED group structure
Massey Catering Equipment Limited has no subsidiary companies.
Ultimate parent company
MASSEY CATERING EQUIPMENT LIMITED
NI612998
MASSEY CATERING EQUIPMENT LIMITED Shareholders
The largest shareholders in Massey Catering Equipment Limited include Eileen Elizabeth Massey and Sydney John Massey.
eileen elizabeth massey
34.31%
sydney john massey
34.31%
david stanley massey
15.69%
philip sydney massey
15.69%
massey catering equipment limited directors
Massey Catering Equipment Limited currently has 4 directors.
The longest serving directors include
Mr Sydney Massey (May 2012) and
Mr David Massey (May 2012).
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 massey catering equipment limited.
massey catering equipment 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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massey catering equipment limitedCompanies House Filings - See Documents
