Pomanda estimates the enterprise value of MOREDUN SCIENTIFIC LIMITED at £3.6m based on a Turnover of £4.6m and 0.78x industry multiple (adjusted for size and gross margin).
moredun scientific limitedEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of MOREDUN SCIENTIFIC LIMITED at £1.3m based on an EBITDA of £361.3k and a 3.72x industry multiple (adjusted for size and gross margin).
moredun scientific limitedEstimated Valuation
£3.5m
Pomanda estimates the enterprise value of MOREDUN SCIENTIFIC LIMITED at £3.5m based on Net Assets of £1.9m and 1.81x industry multiple (adjusted for liquidity).
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Moredun Scientific LimitedOverview
Moredun Scientific Limited is a live company located in penicuik, EH26 0PZ with a Companies House number of SC107439. It operates in the manufacture of non-electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26513. Founded in November 1987, it's largest shareholder is
moredun foundation
with a 100% stake. Moredun Scientific Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£4.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Moredun Scientific Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £4.6m, make it in line with the average company (£5m)
£4.6m - Moredun Scientific Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (10.2%)
-2% - Moredun Scientific Limited
10.2% - Industry AVG
Production
with a gross margin of 27.6%, this company has a higher cost of product (53.7%)
27.6% - Moredun Scientific Limited
53.7% - Industry AVG
Profitability
an operating margin of 6.7% make it more profitable than the average company (4.3%)
6.7% - Moredun Scientific Limited
4.3% - Industry AVG
Employees
with 44 employees, this is below the industry average (63)
44 - Moredun Scientific Limited
63 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has a lower pay structure (£52.4k)
£41.1k - Moredun Scientific Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £103.8k, this is equally as efficient (£103.1k)
£103.8k - Moredun Scientific Limited
£103.1k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (43 days)
105 days - Moredun Scientific Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (48 days)
14 days - Moredun Scientific Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (52 days)
9 days - Moredun Scientific Limited
52 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 33 weeks, this is more cash available to meet short term requirements (24 weeks)
33 weeks - Moredun Scientific Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.7%, this is a lower level of debt than the average (41.4%)
23.7% - Moredun Scientific Limited
41.4% - Industry AVG
MOREDUN SCIENTIFIC LIMITED financials
EXPORT
Moredun Scientific Limited's latest turnover from March 2024 is £4.6 million and the company has net assets of £1.9 million. According to their latest financial statements, Moredun Scientific Limited has 44 employees and maintains cash reserves of £389.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
4,569,196
4,221,453
5,301,458
4,811,724
4,253,961
3,658,435
3,305,874
3,107,598
2,918,272
2,857,839
2,506,544
2,009,337
1,811,677
959,801
1,656,245
Other Income Or Grants
Cost Of Sales
3,309,728
3,241,904
3,283,846
2,819,955
2,883,078
2,350,592
2,148,473
2,112,968
1,948,259
2,067,694
1,768,798
1,352,832
1,330,929
825,936
1,063,484
Gross Profit
1,259,468
979,549
2,017,612
1,991,769
1,370,883
1,307,843
1,157,401
994,630
970,013
790,145
737,746
656,505
480,748
133,865
592,761
Admin Expenses
952,492
903,401
747,113
541,212
633,997
568,473
494,513
571,542
581,149
630,849
508,698
505,796
397,649
477,324
518,317
Operating Profit
306,976
76,148
1,270,499
1,450,557
736,886
739,370
662,888
423,088
388,864
159,296
229,048
150,709
83,099
-343,459
74,444
Interest Payable
141
1,297
2,651
3,950
395
5
420
1,025
653
1,424
1,067
Interest Receivable
9,044
6,217
363
3,734
3,889
2,340
633
404
615
487
514
681
537
569
638
Pre-Tax Profit
315,879
81,068
1,268,211
1,450,341
740,380
741,705
663,101
422,467
388,826
159,783
229,562
151,390
83,636
-344,314
74,015
Tax
51,945
-45,214
-111,192
-63,929
-50,371
-47,233
-25,034
-27,898
-20,460
-18,616
-19,130
33,826
12,678
-12,678
Profit After Tax
315,879
133,013
1,222,997
1,339,149
676,451
691,334
615,868
397,433
360,928
139,323
210,946
132,260
117,462
-331,636
61,337
Dividends Paid
Retained Profit
315,879
133,013
1,222,997
603,419
267,324
691,334
615,868
397,433
360,928
139,323
152,060
132,260
117,462
-331,636
61,337
Employee Costs
1,810,263
1,682,910
1,697,488
1,538,437
1,498,551
1,269,481
1,170,277
1,117,525
964,229
936,396
1,131,353
958,391
840,723
460,866
669,715
Number Of Employees
44
41
43
39
39
39
38
37
27
32
30
25
22
12
19
EBITDA*
361,285
126,024
1,329,547
1,506,266
777,943
781,724
705,105
461,698
420,330
194,957
265,104
182,545
111,964
-312,994
109,801
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
303,969
227,680
163,896
199,231
204,245
115,196
135,864
167,550
155,694
108,576
109,132
95,997
102,958
98,025
120,843
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
303,969
227,680
163,896
199,231
204,245
115,196
135,864
167,550
155,694
108,576
109,132
95,997
102,958
98,025
120,843
Stock & work in progress
82,145
45,512
45,088
55,346
85,727
76,332
82,143
78,073
61,129
48,567
70,978
43,230
30,421
36,244
50,369
Trade Debtors
1,322,153
1,319,974
1,527,240
1,496,199
1,288,135
1,008,524
1,191,312
1,036,441
930,805
978,990
609,005
461,551
353,082
217,572
387,762
Group Debtors
151,234
242,353
84,148
180,803
159,437
66,226
65,648
133,510
100,289
46,556
45,485
59,087
18,260
13,024
8,436
Misc Debtors
267,880
188,020
52,916
158,737
156,236
32,735
82,645
81,777
17,802
27,264
80,530
93,569
217,284
40,330
129,306
Cash
389,309
736,146
1,300,930
1,060,180
442,880
605,436
183,283
87,302
124,125
19,793
78,606
40,606
71,254
41,921
83,582
misc current assets
total current assets
2,212,721
2,532,005
3,010,322
2,951,265
2,132,415
1,789,253
1,605,031
1,417,103
1,234,150
1,121,170
884,604
698,043
690,301
349,091
659,455
total assets
2,516,690
2,759,685
3,174,218
3,150,496
2,336,660
1,904,449
1,740,895
1,584,653
1,389,844
1,229,746
993,736
794,040
793,259
447,116
780,298
Bank overdraft
Bank loan
Trade Creditors
128,299
81,660
49,645
127,290
56,075
67,373
60,893
63,835
60,121
68,405
37,514
109,337
75,776
40,761
39,371
Group/Directors Accounts
122,523
262,998
120,243
90,911
182,286
96,715
219,018
348,259
317,438
364,973
205,553
182,362
395,908
192,351
109,135
other short term finances
hp & lease commitments
11,562
26,790
25,436
24,082
1,064
12,407
11,735
8,145
other current liabilities
346,127
270,822
412,723
574,450
319,376
335,742
299,152
291,072
284,855
255,161
319,789
223,521
175,015
184,906
262,913
total current liabilities
596,949
627,042
609,401
818,087
581,819
499,830
580,127
715,573
674,149
688,539
562,856
515,220
646,699
418,018
419,564
loans
hp & lease commitments
11,562
38,352
63,788
1,064
13,471
Accruals and Deferred Income
other liabilities
provisions
25,572
31,917
32,332
13,222
18,649
23,220
20,422
9,494
total long term liabilities
37,134
70,269
96,120
13,222
18,649
24,284
33,893
9,494
total liabilities
596,949
627,042
646,535
888,356
677,939
513,052
598,776
739,857
708,042
698,033
562,856
515,220
646,699
418,018
419,564
net assets
1,919,741
2,132,643
2,527,683
2,262,140
1,658,721
1,391,397
1,142,119
844,796
681,802
531,713
430,880
278,820
146,560
29,098
360,734
total shareholders funds
1,919,741
2,132,643
2,527,683
2,262,140
1,658,721
1,391,397
1,142,119
844,796
681,802
531,713
430,880
278,820
146,560
29,098
360,734
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
306,976
76,148
1,270,499
1,450,557
736,886
739,370
662,888
423,088
388,864
159,296
229,048
150,709
83,099
-343,459
74,444
Depreciation
54,309
49,876
59,048
55,709
41,057
42,354
42,217
38,610
31,466
35,661
36,056
31,836
28,865
30,465
35,357
Amortisation
Tax
51,945
-45,214
-111,192
-63,929
-50,371
-47,233
-25,034
-27,898
-20,460
-18,616
-19,130
33,826
12,678
-12,678
Stock
36,633
424
-10,258
-30,381
9,395
-5,811
4,070
16,944
12,562
-22,411
27,748
12,809
-5,823
-14,125
50,369
Debtors
-9,080
86,043
-171,435
231,931
496,323
-232,120
87,877
202,832
-3,914
317,790
120,813
25,581
317,700
-254,578
525,504
Creditors
46,639
32,015
-77,645
71,215
-11,298
6,480
-2,942
3,714
-8,284
30,891
-71,823
33,561
35,015
1,390
39,371
Accruals and Deferred Income
75,305
-141,901
-161,727
255,074
-16,366
36,590
8,080
6,217
29,694
-64,628
96,268
48,506
-9,891
-78,007
262,913
Deferred Taxes & Provisions
-25,572
-6,345
-415
19,110
-5,427
-4,571
2,798
10,928
9,494
Cash flow from operations
455,676
-43,956
1,220,309
1,519,398
199,742
1,006,927
566,492
229,617
416,122
-145,125
122,372
207,092
-140,963
-108,230
-176,466
Investing Activities
capital expenditure
-130,598
-113,660
-23,713
-50,695
-130,106
-21,686
-10,531
-50,466
-78,584
-35,105
-49,191
-24,875
-33,798
-7,647
-156,200
Change in Investments
cash flow from investments
-130,598
-113,660
-23,713
-50,695
-130,106
-21,686
-10,531
-50,466
-78,584
-35,105
-49,191
-24,875
-33,798
-7,647
-156,200
Financing Activities
Bank loans
Group/Directors Accounts
-140,475
142,755
29,332
-91,375
85,571
-122,303
-129,241
30,821
-47,535
159,420
23,191
-213,546
203,557
83,216
109,135
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-11,562
-26,790
-25,436
-24,082
87,870
-1,064
-12,407
-11,735
25,206
-8,145
8,145
other long term liabilities
share issue
-528,781
-528,053
-957,454
-442,056
-318,545
-234,439
-210,839
-38,490
299,397
interest
8,903
4,920
-2,288
-216
3,494
2,335
213
-621
-38
487
514
681
537
-855
-429
cash flow from financing
-671,915
-407,168
-955,846
-115,673
176,935
-563,088
-459,980
-215,974
-233,206
121,417
23,705
-212,865
204,094
74,216
416,248
cash and cash equivalents
cash
-346,837
-564,784
240,750
617,300
-162,556
422,153
95,981
-36,823
104,332
-58,813
38,000
-30,648
29,333
-41,661
83,582
overdraft
change in cash
-346,837
-564,784
240,750
617,300
-162,556
422,153
95,981
-36,823
104,332
-58,813
38,000
-30,648
29,333
-41,661
83,582
moredun scientific 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 moredun scientific limited. Get real-time insights into moredun scientific limited's credit score, group structure and payment trends.
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moredun scientific limited Ownership
MOREDUN SCIENTIFIC LIMITED group structure
Moredun Scientific Limited has no subsidiary companies.
The sole shareholder of Moredun Scientific Limited is Moredun Foundation.
moredun foundation
100%
moredun scientific limited directors
Moredun Scientific Limited currently has 7 directors.
The longest serving directors include
Professor William Donachie (Aug 1997) and
Dr John MacKinnon (Jan 2005).
pentlands science park, bush loan, penicuik, EH26 0PZ
Bank
BANK OF SCOTLAND, BANK OF SCOTLAND
Legal Advisor
-
moredun scientific 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 1 charges/mortgages relating to moredun scientific limited. Currently there are 0 open charges and 1 have been satisfied in the past.
moredun scientific 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 MOREDUN SCIENTIFIC LIMITED. This can take several minutes, an email will notify you when this has completed.
moredun scientific limitedCompanies House Filings - See Documents
