mmps (scotland) ltd.
mmps (scotland) ltd. Company Information
Company Number
SC194167
Website
-Registered Address
c/o leonard curtis recovery limi, fourth floor, glasgow, G2 7DA
Industry
Other construction installation
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Directors
William MacEwan25 Years
Shareholders
william macewan 65.7%
andrew macewan 24.5%
View Allmmps (scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of MMPS (SCOTLAND) LTD. at £1.2m based on a Turnover of £3.7m and 0.33x industry multiple (adjusted for size and gross margin).
mmps (scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of MMPS (SCOTLAND) LTD. at £99.1k based on an EBITDA of £26.7k and a 3.71x industry multiple (adjusted for size and gross margin).
mmps (scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of MMPS (SCOTLAND) LTD. at £3.6m based on Net Assets of £1.1m and 3.18x industry multiple (adjusted for liquidity).
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Mmps (scotland) Ltd. Overview
Mmps (scotland) Ltd. is a dissolved company that was located in glasgow, G2 7DA with a Companies House number of SC194167. It operated in the other construction installation sector, SIC Code 43290. Founded in March 1999, it's largest shareholder was william macewan with a 65.7% stake. The last turnover for Mmps (scotland) Ltd. was estimated at £3.7m.
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Mmps (scotland) Ltd. Health Check
Pomanda's financial health check has awarded Mmps (Scotland) Ltd. a 4 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
5 Strong
2 Regular
5 Weak
Size
annual sales of £3.7m, make it larger than the average company (£487.7k)
- Mmps (scotland) Ltd.
£487.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.4%)
- Mmps (scotland) Ltd.
8.4% - Industry AVG
Production
with a gross margin of 18.2%, this company has a higher cost of product (29.2%)
- Mmps (scotland) Ltd.
29.2% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (7.1%)
- Mmps (scotland) Ltd.
7.1% - Industry AVG
Employees
with 52 employees, this is above the industry average (26)
52 - Mmps (scotland) Ltd.
26 - Industry AVG
Pay Structure
on an average salary of £35.7k, the company has an equivalent pay structure (£35.7k)
- Mmps (scotland) Ltd.
£35.7k - Industry AVG
Efficiency
resulting in sales per employee of £72k, this is less efficient (£169.8k)
- Mmps (scotland) Ltd.
£169.8k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (51 days)
- Mmps (scotland) Ltd.
51 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (38 days)
- Mmps (scotland) Ltd.
38 days - Industry AVG
Stock Days
it holds stock equivalent to 97 days, this is more than average (14 days)
- Mmps (scotland) Ltd.
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (19 weeks)
40 weeks - Mmps (scotland) Ltd.
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49%, this is a lower level of debt than the average (71.4%)
49% - Mmps (scotland) Ltd.
71.4% - Industry AVG
MMPS (SCOTLAND) LTD. financials
Mmps (Scotland) Ltd.'s latest turnover from March 2017 is estimated at £3.7 million and the company has net assets of £1.1 million. According to their latest financial statements, Mmps (Scotland) Ltd. has 52 employees and maintains cash reserves of £676.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 52 | 52 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 159,052 | 229,158 | 247,739 | 184,752 | 107,885 | 93,000 | 93,623 | 39,018 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 159,052 | 229,158 | 247,739 | 184,752 | 107,885 | 93,000 | 93,623 | 39,018 |
| Stock & work in progress | 821,446 | 848,412 | 569,506 | 567,020 | 556,609 | 465,654 | 315,858 | 208,947 |
| Trade Debtors | 537,386 | 855,857 | 1,072,488 | 741,043 | 500,291 | 515,913 | 301,482 | 676,553 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 676,428 | 246,300 | 785,457 | 553,350 | 121,395 | 508,517 | 306,332 | 226,543 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,035,260 | 1,950,569 | 2,427,451 | 1,861,413 | 1,178,295 | 1,490,084 | 923,672 | 1,112,043 |
| total assets | 2,194,312 | 2,179,727 | 2,675,190 | 2,046,165 | 1,286,180 | 1,583,084 | 1,017,295 | 1,151,061 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 860,267 | 942,664 | 1,349,277 | 1,037,472 | 668,893 | 1,024,954 | 362,492 | 594,908 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 93 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 860,267 | 942,664 | 1,349,277 | 1,037,472 | 668,893 | 1,024,954 | 362,492 | 595,001 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 204,671 | 56,763 | 119,562 | 109,981 | 66,563 | 33,229 | 54,479 | 0 |
| provisions | 9,595 | 23,163 | 34,868 | 19,709 | 2,715 | 6,820 | 14,044 | 2,565 |
| total long term liabilities | 214,266 | 79,926 | 154,430 | 129,690 | 69,278 | 40,049 | 68,523 | 2,565 |
| total liabilities | 1,074,533 | 1,022,590 | 1,503,707 | 1,167,162 | 738,171 | 1,065,003 | 431,015 | 597,566 |
| net assets | 1,119,779 | 1,157,137 | 1,171,483 | 879,003 | 548,009 | 518,081 | 586,280 | 553,495 |
| total shareholders funds | 1,119,779 | 1,157,137 | 1,171,483 | 879,003 | 548,009 | 518,081 | 586,280 | 553,495 |
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 65,243 | 67,349 | 65,623 | 49,343 | 31,773 | 34,262 | 36,063 | 20,669 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -26,966 | 278,906 | 2,486 | 10,411 | 90,955 | 149,796 | 106,911 | 208,947 |
| Debtors | -318,471 | -216,631 | 331,445 | 240,752 | -15,622 | 214,431 | -375,071 | 676,553 |
| Creditors | -82,397 | -406,613 | 311,805 | 368,579 | -356,061 | 662,462 | -232,416 | 594,908 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -13,568 | -11,705 | 15,159 | 16,994 | -4,105 | -7,224 | 11,479 | 2,565 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -93 | 93 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 147,908 | -62,799 | 9,581 | 43,418 | 33,334 | -21,250 | 54,479 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 430,128 | -539,157 | 232,107 | 431,955 | -387,122 | 202,185 | 79,789 | 226,543 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 430,128 | -539,157 | 232,107 | 431,955 | -387,122 | 202,185 | 79,789 | 226,543 |
mmps (scotland) ltd. Credit Report and Business Information
Mmps (scotland) Ltd. Competitor Analysis
Perform a competitor analysis for mmps (scotland) ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mmps (scotland) ltd. Ownership
MMPS (SCOTLAND) LTD. group structure
Mmps (Scotland) Ltd. has no subsidiary companies.
Ultimate parent company
MMPS (SCOTLAND) LTD.
SC194167
mmps (scotland) ltd. directors
Mmps (Scotland) Ltd. currently has 1 director, Mr William MacEwan serving since Mar 1999.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William MacEwan | 60 years | Mar 1999 | - | Director |
P&L
March 2017turnover
3.7m
-19%
operating profit
-38.5k
0%
gross margin
18.2%
+4.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
1.1m
-0.03%
total assets
2.2m
+0.01%
cash
676.4k
+1.75%
net assets
Total assets minus all liabilities
Similar Companies
mmps (scotland) ltd. company details
company number
SC194167
Type
Private limited with Share Capital
industry
43290 - Other construction installation
incorporation date
March 1999
age
25
accounts
Unaudited Abridged
ultimate parent company
previous names
martin mckenna plumbing services ltd. (January 2010)
incorporated
UK
address
c/o leonard curtis recovery limi, fourth floor, glasgow, G2 7DA
last accounts submitted
March 2017
mmps (scotland) ltd. 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 3 charges/mortgages relating to mmps (scotland) ltd.. Currently there are 2 open charges and 1 have been satisfied in the past.
mmps (scotland) ltd. Companies House Filings - See Documents
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