bindery machinery services limited Company Information
Group Structure
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Industry
Installation of industrial machinery and equipment
Registered Address
24a macmerry industrial estate, macmerry, tranent, EH33 1RD
Website
http://bmsuk.co.ukbindery machinery services limited Estimated Valuation
Pomanda estimates the enterprise value of BINDERY MACHINERY SERVICES LIMITED at £2.3m based on a Turnover of £5.2m and 0.45x industry multiple (adjusted for size and gross margin).
bindery machinery services limited Estimated Valuation
Pomanda estimates the enterprise value of BINDERY MACHINERY SERVICES LIMITED at £587.2k based on an EBITDA of £146.8k and a 4x industry multiple (adjusted for size and gross margin).
bindery machinery services limited Estimated Valuation
Pomanda estimates the enterprise value of BINDERY MACHINERY SERVICES LIMITED at £7.2m based on Net Assets of £3.1m and 2.31x industry multiple (adjusted for liquidity).
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Bindery Machinery Services Limited Overview
Bindery Machinery Services Limited is a live company located in tranent, EH33 1RD with a Companies House number of SC142723. It operates in the installation of industrial machinery and equipment sector, SIC Code 33200. Founded in February 1993, it's largest shareholder is james brown with a 100% stake. Bindery Machinery Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.2m with high growth in recent years.
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Bindery Machinery Services Limited Health Check
Pomanda's financial health check has awarded Bindery Machinery Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £5.2m, make it smaller than the average company (£10.1m)
- Bindery Machinery Services Limited
£10.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (10.8%)
- Bindery Machinery Services Limited
10.8% - Industry AVG
Production
with a gross margin of 18%, this company has a higher cost of product (28.8%)
- Bindery Machinery Services Limited
28.8% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (5%)
- Bindery Machinery Services Limited
5% - Industry AVG
Employees
with 10 employees, this is below the industry average (34)
10 - Bindery Machinery Services Limited
34 - Industry AVG
Pay Structure
on an average salary of £53.2k, the company has an equivalent pay structure (£53.2k)
- Bindery Machinery Services Limited
£53.2k - Industry AVG
Efficiency
resulting in sales per employee of £518.8k, this is more efficient (£204.4k)
- Bindery Machinery Services Limited
£204.4k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (64 days)
- Bindery Machinery Services Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 226 days, this is slower than average (38 days)
- Bindery Machinery Services Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 239 days, this is more than average (39 days)
- Bindery Machinery Services Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Bindery Machinery Services Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.8%, this is a lower level of debt than the average (58.9%)
45.8% - Bindery Machinery Services Limited
58.9% - Industry AVG
BINDERY MACHINERY SERVICES LIMITED financials
Bindery Machinery Services Limited's latest turnover from February 2024 is estimated at £5.2 million and the company has net assets of £3.1 million. According to their latest financial statements, Bindery Machinery Services Limited has 10 employees and maintains cash reserves of £15.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 4,577,886 | 3,191,069 | 6,050,301 | 3,176,508 | 4,587,806 | 4,868,517 | |||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
Cost Of Sales | 3,503,178 | 2,423,075 | 4,751,013 | 2,240,270 | 3,593,856 | 3,863,438 | |||||||||
Gross Profit | 1,074,708 | 767,994 | 1,299,288 | 936,238 | 993,950 | 1,005,079 | |||||||||
Admin Expenses | 766,622 | 535,033 | 982,985 | 693,263 | 733,141 | 891,196 | |||||||||
Operating Profit | 308,086 | 232,961 | 316,303 | 242,975 | 260,809 | 113,883 | |||||||||
Interest Payable | 19,178 | 19,332 | 33,825 | 32,862 | 56,397 | 73,550 | |||||||||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
Pre-Tax Profit | 288,908 | 213,629 | 282,478 | 210,113 | 204,412 | 40,333 | |||||||||
Tax | -60,256 | -37,831 | -49,024 | -17,984 | -42,405 | -9,713 | |||||||||
Profit After Tax | 228,652 | 175,798 | 233,454 | 192,129 | 162,007 | 30,620 | |||||||||
Dividends Paid | 0 | 0 | 0 | 0 | 43,000 | 0 | |||||||||
Retained Profit | 228,652 | 175,798 | 233,454 | 192,129 | 119,007 | 30,620 | |||||||||
Employee Costs | 466,078 | 471,784 | 219,914 | ||||||||||||
Number Of Employees | 10 | 10 | 14 | 15 | |||||||||||
EBITDA* | 311,822 | 239,734 | 320,408 | 245,938 | 268,857 | 122,641 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,831,352 | 1,823,230 | 1,774,529 | 1,712,192 | 1,748,073 | 1,769,795 | 1,759,599 | 1,173,452 | 1,181,501 | 1,124,801 | 1,154,228 | 795,600 | 698,186 | 654,863 | 640,862 |
Intangible Assets | 0 | 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 | 246,149 | 246,149 | 246,149 | 246,149 | 246,149 | 240,374 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,831,352 | 1,823,230 | 1,774,529 | 1,712,192 | 1,748,073 | 1,769,795 | 1,759,599 | 1,173,452 | 1,181,501 | 1,370,950 | 1,400,377 | 1,041,749 | 944,335 | 901,012 | 881,236 |
Stock & work in progress | 2,785,069 | 1,496,986 | 1,108,507 | 1,486,525 | 1,579,710 | 1,823,679 | 1,153,308 | 1,182,638 | 1,937,146 | 1,805,567 | 2,850,639 | 2,108,351 | 426,861 | 494,208 | 525,166 |
Trade Debtors | 1,118,232 | 1,069,095 | 1,150,492 | 1,076,432 | 1,022,535 | 1,154,287 | 1,221,870 | 2,192,272 | 1,964,787 | 2,060,801 | 1,195,025 | 1,378,569 | 1,322,822 | 878,121 | 710,011 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 284,224 | 228,192 | 255,921 | 103,383 | 115,214 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 15,084 | 2,642 | 90,943 | 59,450 | 29,791 | 67,099 | 125,314 | 72,705 | 16,432 | 33,210 | 250,066 | 257,546 | 32,207 | 942 | 0 |
misc current assets | 20,000 | 20,000 | 113,406 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 |
total current assets | 3,938,385 | 2,588,723 | 2,747,572 | 2,870,599 | 2,907,957 | 3,168,448 | 2,635,706 | 3,467,615 | 3,938,365 | 3,919,578 | 4,315,730 | 3,764,466 | 1,801,890 | 1,393,271 | 1,255,177 |
total assets | 5,769,737 | 4,411,953 | 4,522,101 | 4,582,791 | 4,656,030 | 4,938,243 | 4,395,305 | 4,641,067 | 5,119,866 | 5,290,528 | 5,716,107 | 4,806,215 | 2,746,225 | 2,294,283 | 2,136,413 |
Bank overdraft | 0 | 0 | 1,153,983 | 1,170,627 | 632,763 | 1,631,845 | 1,215,514 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 2,639,917 | 1,370,478 | 160,064 | 101,101 | 522,560 | 131,173 | 230,920 | 2,362,559 | 2,876,532 | 2,938,730 | 3,007,491 | 2,497,853 | 784,344 | 459,331 | 661,475 |
Group/Directors Accounts | 0 | 0 | 0 | 60,051 | 177,117 | 185,492 | 374,325 | 0 | 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 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 201,363 | 435,142 | 587,065 | 398,472 | 126,259 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,639,917 | 1,370,478 | 1,515,410 | 1,766,921 | 1,919,505 | 2,346,982 | 1,947,018 | 2,362,559 | 2,876,532 | 2,938,730 | 3,007,491 | 2,497,853 | 784,344 | 459,331 | 661,476 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 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 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,350 | 107,616 | 246,700 | 391,673 | 299,227 | 323,051 | 443,786 | 486,400 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,350 | 107,616 | 246,700 | 391,673 | 299,227 | 323,051 | 443,786 | 486,400 |
total liabilities | 2,639,917 | 1,370,478 | 1,515,410 | 1,766,921 | 1,919,505 | 2,346,982 | 1,947,018 | 2,384,909 | 2,984,148 | 3,185,430 | 3,399,164 | 2,797,080 | 1,107,395 | 903,117 | 1,147,876 |
net assets | 3,129,820 | 3,041,475 | 3,006,691 | 2,815,870 | 2,736,525 | 2,591,261 | 2,448,287 | 2,256,158 | 2,135,718 | 2,105,098 | 2,316,943 | 2,009,135 | 1,638,830 | 1,391,166 | 988,537 |
total shareholders funds | 3,129,820 | 3,041,475 | 3,006,691 | 2,815,870 | 2,736,525 | 2,591,261 | 2,448,287 | 2,256,158 | 2,135,718 | 2,105,098 | 2,316,943 | 2,009,135 | 1,638,830 | 1,391,166 | 988,537 |
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 308,086 | 232,961 | 316,303 | 242,975 | 260,809 | 113,883 | |||||||||
Depreciation | 29,428 | 7,798 | 3,736 | 6,773 | 4,105 | 2,318 | 2,963 | 8,048 | 8,758 | 31,126 | 32,292 | 5,400 | 6,191 | 6,848 | 9,999 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -60,256 | -37,831 | -49,024 | -17,984 | -42,405 | -9,713 | |||||||||
Stock | 1,288,083 | 388,479 | -378,018 | -93,185 | -243,969 | 670,371 | -29,330 | -754,508 | 131,579 | -1,045,072 | 742,288 | 1,681,490 | -67,347 | -30,958 | 525,166 |
Debtors | 49,137 | -365,621 | 130,092 | 26,168 | 20,786 | -79,414 | -855,188 | 227,485 | -96,014 | 865,776 | -183,544 | 55,747 | 444,701 | 168,110 | 710,011 |
Creditors | 1,269,439 | 1,210,414 | 58,963 | -421,459 | 391,387 | -99,747 | -2,131,639 | -513,973 | -62,198 | -68,761 | 509,638 | 1,713,509 | 325,013 | -202,144 | 661,475 |
Accruals and Deferred Income | 0 | -201,363 | -233,779 | -151,923 | 188,593 | 272,213 | 126,259 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 324,676 | -304,462 | 1,074,547 | -892,908 | 239,502 | 15,165 | |||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -246,149 | 0 | 0 | 0 | 0 | 5,775 | 240,374 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | -60,051 | -117,066 | -8,375 | -188,833 | 374,325 | 0 | 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 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -22,350 | -85,266 | -139,084 | -144,973 | 92,446 | -23,824 | -120,735 | -42,614 | 486,400 |
share issue | |||||||||||||||
interest | -19,178 | -19,332 | -33,825 | -32,862 | -56,397 | -73,550 | |||||||||
cash flow from financing | -117,060 | -232,851 | -130,390 | 319,113 | -140,230 | -212,634 | |||||||||
cash and cash equivalents | |||||||||||||||
cash | 12,442 | -88,301 | 31,493 | 29,659 | -37,308 | -58,215 | 52,609 | 56,273 | -16,778 | -216,856 | -7,480 | 225,339 | 31,265 | 942 | 0 |
overdraft | 0 | -1,153,983 | -16,644 | 537,864 | -999,082 | 416,331 | 1,215,514 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
change in cash | 12,442 | 1,065,682 | 48,137 | -508,205 | 961,774 | -474,546 | -1,162,905 | 56,273 | -16,778 | -216,856 | -7,480 | 225,339 | 31,265 | 943 | -1 |
bindery machinery services limited Credit Report and Business Information
Bindery Machinery Services Limited Competitor Analysis
Perform a competitor analysis for bindery machinery services limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in EH33 area or any other competitors across 12 key performance metrics.
bindery machinery services limited Ownership
BINDERY MACHINERY SERVICES LIMITED group structure
Bindery Machinery Services Limited has 2 subsidiary companies.
Ultimate parent company
BINDERY MACHINERY SERVICES LIMITED
SC142723
2 subsidiaries
bindery machinery services limited directors
Bindery Machinery Services Limited currently has 1 director, Mr James Brown serving since Feb 1993.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Brown | 64 years | Feb 1993 | - | Director |
P&L
February 2024turnover
5.2m
+44%
operating profit
117.3k
0%
gross margin
18.1%
+3.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
3.1m
+0.03%
total assets
5.8m
+0.31%
cash
15.1k
+4.71%
net assets
Total assets minus all liabilities
bindery machinery services limited company details
company number
SC142723
Type
Private limited with Share Capital
industry
33200 - Installation of industrial machinery and equipment
incorporation date
February 1993
age
32
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
February 2024
previous names
N/A
accountant
GIBSON MCKERRELL BURROWS LIMITED
auditor
-
address
24a macmerry industrial estate, macmerry, tranent, EH33 1RD
Bank
CLYDESDALE BANK PLC
Legal Advisor
-
bindery machinery 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 9 charges/mortgages relating to bindery machinery services limited. Currently there are 8 open charges and 1 have been satisfied in the past.
bindery machinery services limited Capital Raised & Share Issues BETA
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bindery machinery services limited Companies House Filings - See Documents
date | description | view/download |
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