Pomanda estimates the enterprise value of MICHELMORES LLP at £0 based on a Turnover of £50m and 0x industry multiple (adjusted for size and gross margin).
michelmores llpEstimated Valuation
£0
Pomanda estimates the enterprise value of MICHELMORES LLP at £0 based on an EBITDA of £13.3m and a 0x industry multiple (adjusted for size and gross margin).
michelmores llpEstimated Valuation
£0
Pomanda estimates the enterprise value of MICHELMORES LLP at £0 based on Net Assets of £17.7m and 0x industry multiple (adjusted for liquidity).
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Michelmores LlpOverview
Michelmores Llp is a live company located in devon, EX2 5WR with a Companies House number of OC326242. Founded in February 2007, it's largest shareholder is
unknown.
Michelmores Llp is a established,
large sized company, Pomanda has estimated its turnover at
£50m with
healthy
growth in recent years.
There is insufficient data available to calculate a health check for Michelmores Llp. Company Health Check FAQs
Health Rating0out of 5
0 Strong
0 Regular
0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Michelmores Llp
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Michelmores Llp
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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Employees
There is insufficient data available for this Key Performance Indicator!
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Pay Structure
There is insufficient data available for this Key Performance Indicator!
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Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
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Creditor Days
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Stock Days
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Cash Balance
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Debt Level
There is insufficient data available for this Key Performance Indicator!
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MICHELMORES LLP financials
EXPORT
Michelmores Llp's latest turnover from April 2024 is £50 million and the company has net assets of £17.7 million. According to their latest financial statements, Michelmores Llp has 427 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
50,049,000
43,193,000
41,594,000
38,607,000
38,472,000
39,394,591
36,704,000
33,422,000
32,921,000
30,057,000
26,874,531
22,280,217
19,295,292
18,426,874
18,981,892
Other Income Or Grants
Cost Of Sales
28,178,000
25,724,000
20,753,000
19,910,000
21,748,000
20,444,212
20,176,000
18,937,000
18,885,000
16,997,000
12,442,831
10,930,562
9,467,571
9,351,500
9,741,502
Gross Profit
21,871,000
17,469,000
20,841,000
18,697,000
16,724,000
18,950,379
16,528,000
14,485,000
14,036,000
13,060,000
14,431,700
11,349,655
9,827,721
9,075,374
9,240,390
Admin Expenses
9,121,000
7,963,000
7,615,000
7,517,000
8,042,000
7,875,121
7,203,000
6,749,000
5,641,000
5,277,000
4,861,102
3,884,753
3,502,459
3,056,165
3,287,379
Operating Profit
12,750,000
9,506,000
13,226,000
11,180,000
8,682,000
11,075,258
9,325,000
7,736,000
8,395,000
7,783,000
9,570,598
7,464,902
6,325,262
6,019,209
5,953,011
Interest Payable
1,027,000
688,000
113,000
265,000
309,000
641,469
399,000
222,000
199,000
170,000
108,213
90,635
68,874
74,632
102,164
Interest Receivable
2,610,000
2,971,000
210,000
307,000
894,000
589,104
862,000
991,000
534,000
419,000
237,818
394,387
169,447
150,054
146,200
Pre-Tax Profit
14,333,000
11,789,000
13,323,000
11,222,000
9,267,000
11,022,893
9,787,000
8,504,000
8,730,000
8,032,000
9,700,203
7,768,654
6,425,835
6,094,631
5,997,047
Tax
Profit After Tax
14,333,000
11,789,000
13,323,000
11,222,000
9,267,000
11,022,893
9,787,000
8,504,000
8,730,000
8,032,000
9,700,203
7,768,654
6,425,835
6,094,631
5,997,047
Dividends Paid
Retained Profit
10,267,000
8,636,000
10,435,000
8,027,000
9,267,000
6,656,493
6,101,000
5,159,000
6,316,000
5,765,000
5,932,338
4,380,901
3,956,267
3,120,590
3,401,559
Employee Costs
22,988,000
20,690,000
17,515,000
16,135,000
17,248,000
16,547,761
16,499,000
16,320,000
15,873,000
14,297,000
10,550,327
8,914,106
7,970,586
7,922,878
8,060,903
Number Of Employees
427
395
438
434
50
453
440
458
456
448
395
337
288
266
275
EBITDA*
13,336,000
10,162,000
13,913,000
11,856,000
9,498,000
11,821,300
10,139,000
8,559,000
9,100,000
8,473,000
10,175,340
8,017,046
6,830,945
6,503,388
6,458,959
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
1,709,000
742,000
968,000
1,002,000
1,250,000
1,817,553
1,556,000
1,913,000
3,443,000
2,709,000
2,274,316
2,076,509
2,057,083
1,746,150
2,133,014
Intangible Assets
703,000
753,000
841,000
1,036,000
1,230,000
1,304,101
1,407,000
1,386,000
Investments & Other
100,000
100,000
100,000
100,000
100,000
100,005
100,000
100,000
100,000
100,000
100,005
100,005
100,005
5
5
Debtors (Due After 1 year)
Total Fixed Assets
2,512,000
1,595,000
1,909,000
2,138,000
2,580,000
3,221,659
3,063,000
3,399,000
3,543,000
2,809,000
2,374,321
2,176,514
2,157,088
1,746,155
2,133,019
Stock & work in progress
768,480
40,029
47,958
Trade Debtors
11,787,000
10,602,000
10,616,000
9,945,000
12,385,000
13,895,691
13,355,000
10,965,000
9,826,000
7,913,000
6,944,051
6,632,915
5,370,925
5,431,342
4,041,980
Group Debtors
187,511
8,000
Misc Debtors
9,671,000
8,107,000
7,220,000
6,922,000
5,641,000
8,705,588
8,492,000
9,677,000
9,840,000
8,331,000
5,333,485
4,018,544
3,144,799
3,238,169
2,951,722
Cash
1,678,000
3,523,000
5,378,000
5,635,000
4,769,000
1,122,762
65,000
110,000
231,000
282,000
835,987
12,587
37,422
38,238
20,144
misc current assets
total current assets
23,136,000
22,232,000
23,214,000
22,502,000
22,795,000
23,724,041
21,912,000
20,752,000
19,897,000
16,526,000
14,069,514
10,704,075
8,609,104
8,707,749
7,013,846
total assets
25,648,000
23,827,000
25,123,000
24,640,000
25,375,000
26,945,700
24,975,000
24,151,000
23,440,000
19,335,000
16,443,835
12,880,589
10,766,192
10,453,904
9,146,865
Bank overdraft
273,000
994,860
2,552,000
5,718,000
4,026,000
2,395,000
1,796,579
2,013,832
1,362,021
2,516,639
1,341,017
Bank loan
302,152
247,925
Trade Creditors
2,296,000
2,024,000
6,105,000
7,309,000
2,404,000
3,103,467
2,498,000
2,486,000
1,697,000
966,000
1,040,751
848,875
684,910
416,514
338,059
Group/Directors Accounts
450,000
other short term finances
hp & lease commitments
other current liabilities
4,210,000
3,499,000
3,863,000
2,909,151
3,153,000
2,659,000
3,272,000
2,976,000
2,473,251
1,782,402
1,411,994
1,134,370
1,025,802
total current liabilities
6,506,000
5,523,000
6,105,000
7,309,000
6,990,000
7,007,478
8,203,000
10,863,000
8,995,000
6,337,000
5,310,581
4,645,109
3,458,925
4,369,675
2,952,803
loans
1,833,000
4,374,000
4,000,000
2,699,000
456,000
695,000
180,000
416,502
361,008
450,300
67,387
143,590
hp & lease commitments
Accruals and Deferred Income
other liabilities
189,000
170,000
481,000
505,000
provisions
1,211,000
1,187,000
985,000
1,009,000
1,235,000
1,116,679
1,045,000
1,051,000
1,137,000
718,000
495,845
256,658
368,325
340,000
435,000
total long term liabilities
1,400,000
1,357,000
1,466,000
3,347,000
5,609,000
5,116,679
3,744,000
1,507,000
1,832,000
898,000
912,347
617,666
818,625
407,387
578,590
total liabilities
7,906,000
6,880,000
7,571,000
10,656,000
12,599,000
12,124,157
11,947,000
12,370,000
10,827,000
7,235,000
6,222,928
5,262,775
4,277,550
4,777,062
3,531,393
net assets
17,742,000
16,947,000
17,552,000
13,984,000
12,776,000
14,821,543
13,028,000
11,781,000
12,613,000
12,100,000
10,220,907
7,617,814
6,488,642
5,676,842
5,615,472
total shareholders funds
17,742,000
16,947,000
17,552,000
13,984,000
12,776,000
14,821,543
13,028,000
11,781,000
12,613,000
12,100,000
10,220,907
7,617,814
6,488,642
5,676,842
5,615,472
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
12,750,000
9,506,000
13,226,000
11,180,000
8,682,000
11,075,258
9,325,000
7,736,000
8,395,000
7,783,000
9,570,598
7,464,902
6,325,262
6,019,209
5,953,011
Depreciation
408,000
461,000
492,000
481,000
805,000
584,197
649,000
749,000
705,000
690,000
604,742
552,144
505,683
484,179
505,948
Amortisation
178,000
195,000
195,000
195,000
11,000
161,845
165,000
74,000
Tax
Stock
-768,480
728,451
-7,929
47,958
Debtors
2,749,000
873,000
969,000
-1,159,000
-4,575,279
754,279
1,205,000
976,000
3,422,000
3,778,953
1,813,588
2,127,735
-145,787
1,675,809
6,993,702
Creditors
272,000
-4,081,000
-1,204,000
4,905,000
-699,467
605,467
12,000
789,000
731,000
-74,751
191,876
163,965
268,396
78,455
338,059
Accruals and Deferred Income
711,000
3,499,000
-3,863,000
953,849
-243,849
494,000
-613,000
296,000
502,749
690,849
370,408
277,624
108,568
1,025,802
Deferred Taxes & Provisions
24,000
202,000
-24,000
-226,000
118,321
71,679
-6,000
-86,000
419,000
222,155
239,187
-111,667
28,325
-95,000
435,000
Cash flow from operations
11,594,000
8,909,000
11,716,000
13,831,000
14,445,982
11,500,318
9,434,000
7,673,000
7,124,000
6,112,680
8,755,213
6,319,946
7,503,119
4,919,602
1,264,118
Investing Activities
capital expenditure
-477,000
-820,000
-1,437,000
-1,125,000
-802,549
-570,903
-916,616
-97,315
-172,376
Change in Investments
-5
5
-5
100,000
5
cash flow from investments
5
-5
-477,000
-820,000
-1,437,000
-1,124,995
-802,549
-570,903
-1,016,616
-97,315
-172,381
Financing Activities
Bank loans
-302,152
54,227
247,925
Group/Directors Accounts
-450,000
450,000
Other Short Term Loans
Long term loans
-1,833,000
-2,541,000
374,000
1,301,000
2,243,000
-239,000
515,000
-236,502
55,494
-89,292
382,913
-76,203
143,590
Hire Purchase and Lease Commitments
other long term liabilities
19,000
-311,000
-24,000
505,000
share issue
-9,472,000
-9,241,000
-6,867,000
-6,819,000
-11,312,543
-4,862,950
-4,854,000
-5,991,000
-5,803,000
-3,885,907
-3,329,245
-3,251,729
-3,144,467
-3,059,220
2,213,913
interest
1,583,000
2,283,000
97,000
42,000
585,000
-52,365
463,000
769,000
335,000
249,000
129,605
303,752
100,573
75,422
44,036
cash flow from financing
-7,870,000
-7,269,000
-8,627,000
-9,263,000
-9,903,543
-3,614,315
-2,148,000
-5,461,000
-4,953,000
-3,873,409
-3,144,146
-3,037,269
-2,963,133
-3,005,774
2,649,464
cash and cash equivalents
cash
-1,845,000
-1,855,000
-257,000
866,000
3,646,238
1,057,762
-45,000
-121,000
-51,000
-553,987
823,400
-24,835
-816
18,094
20,144
overdraft
-273,000
-721,860
-1,557,140
-3,166,000
1,692,000
1,631,000
598,421
-217,253
651,811
-1,154,618
1,175,622
1,341,017
change in cash
-1,845,000
-1,855,000
-257,000
1,139,000
4,368,098
2,614,902
3,121,000
-1,813,000
-1,682,000
-1,152,408
1,040,653
-676,646
1,153,802
-1,157,528
-1,320,873
michelmores llp 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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Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
17.7m
+0.05%
total assets
25.6m
+0.08%
cash
1.7m
-0.52%
net assets
Total assets minus all liabilities
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michelmores llp company details
company number
OC326242
Type
Other
industry
incorporation date
February 2007
age
18
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
PKF FRANCIS CLARK
address
woodwater house pynes hill, exeter, devon, EX2 5WR
Bank
HSBC UK BANK PLC
Legal Advisor
-
michelmores llp 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.
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michelmores llp Capital Raised & Share Issues BETA
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michelmores llpCompanies House Filings - See Documents
