Pomanda estimates the enterprise value of DEREK MITCHELL GROUP LIMITED at £2.6m based on a Turnover of £6.1m and 0.43x industry multiple (adjusted for size and gross margin).
derek mitchell group limitedEstimated Valuation
£1.8m
Pomanda estimates the enterprise value of DEREK MITCHELL GROUP LIMITED at £1.8m based on an EBITDA of £429.9k and a 4.27x industry multiple (adjusted for size and gross margin).
derek mitchell group limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of DEREK MITCHELL GROUP LIMITED at £2.7m based on Net Assets of £1.2m and 2.2x industry multiple (adjusted for liquidity).
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Derek Mitchell Group LimitedOverview
Derek Mitchell Group Limited is a live company located in perthshire, PH1 5JN with a Companies House number of SC207699. It operates in the electrical installation sector, SIC Code 43210. Founded in June 2000, it's largest shareholder is
paul mitchell
with a 100% stake. Derek Mitchell Group Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Derek Mitchell Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £6.1m, make it larger than the average company (£2.1m)
£6.1m - Derek Mitchell Group Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (13%)
7% - Derek Mitchell Group Limited
13% - Industry AVG
Production
with a gross margin of 25.5%, this company has a comparable cost of product (25.5%)
25.5% - Derek Mitchell Group Limited
25.5% - Industry AVG
Profitability
an operating margin of 4.8% make it less profitable than the average company (6.5%)
4.8% - Derek Mitchell Group Limited
6.5% - Industry AVG
Employees
with 63 employees, this is above the industry average (19)
63 - Derek Mitchell Group Limited
19 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
£45.2k - Derek Mitchell Group Limited
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £96.5k, this is less efficient (£155.3k)
£96.5k - Derek Mitchell Group Limited
£155.3k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (55 days)
41 days - Derek Mitchell Group Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (41 days)
28 days - Derek Mitchell Group Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is more than average (10 days)
49 days - Derek Mitchell Group Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 26 weeks, this is average cash available to meet short term requirements (23 weeks)
26 weeks - Derek Mitchell Group Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.7%, this is a lower level of debt than the average (61.1%)
52.7% - Derek Mitchell Group Limited
61.1% - Industry AVG
DEREK MITCHELL GROUP LIMITED financials
EXPORT
Derek Mitchell Group Limited's latest turnover from May 2024 is estimated at £6.1 million and the company has net assets of £1.2 million. According to their latest financial statements, Derek Mitchell Group Limited has 63 employees and maintains cash reserves of £536.7 thousand 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
May 2012
May 2011
May 2010
Turnover
6,078,439
6,981,375
5,017,049
4,893,177
2,990,277
4,537,479
2,945,332
3,839,655
3,270,332
2,910,554
2,593,130
1,943,257
2,545,855
1,552,531
2,307,851
Other Income Or Grants
Cost Of Sales
4,526,748
5,168,680
3,737,795
3,672,195
2,232,981
3,340,541
2,114,818
2,753,439
2,326,043
2,041,567
1,809,963
1,334,788
1,716,635
967,859
1,391,431
Gross Profit
1,551,692
1,812,695
1,279,254
1,220,983
757,297
1,196,938
830,513
1,086,216
944,290
868,987
783,167
608,468
829,220
584,673
916,420
Admin Expenses
1,258,325
1,600,659
1,376,620
1,046,974
725,555
751,414
1,023,686
913,933
894,884
675,864
935,901
586,922
807,950
641,946
185,397
Operating Profit
293,367
212,036
-97,366
174,009
31,742
445,524
-193,173
172,283
49,406
193,123
-152,734
21,546
21,270
-57,273
731,023
Interest Payable
43,682
33,559
14,948
15,091
7,625
2,872
2,772
3,962
4,114
Interest Receivable
32,991
22,732
3,570
541
402
782
403
301
751
680
1,063
1,124
627
1,065
783
Pre-Tax Profit
282,676
201,208
-108,744
159,459
24,519
443,433
-195,541
168,622
46,043
193,803
-151,671
22,670
21,897
-56,208
731,807
Tax
-70,669
-50,302
-30,297
-4,659
-84,252
-32,038
-9,208
-38,760
-5,214
-5,255
-204,906
Profit After Tax
212,007
150,906
-108,744
129,162
19,860
359,181
-195,541
136,584
36,834
155,042
-151,671
17,456
16,642
-56,208
526,901
Dividends Paid
Retained Profit
212,007
150,906
-108,744
129,162
19,860
359,181
-195,541
136,584
36,834
155,042
-151,671
17,456
16,642
-56,208
526,901
Employee Costs
2,847,549
2,858,035
2,775,146
2,266,847
1,881,708
1,685,587
1,677,258
1,916,919
1,821,867
800,515
689,948
514,942
770,904
499,004
752,731
Number Of Employees
63
68
69
57
47
42
43
49
46
20
18
14
21
14
21
EBITDA*
429,889
345,626
36,424
271,257
94,103
517,027
-128,900
189,532
122,661
250,962
-97,132
87,476
71,544
-5,847
783,841
* 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
May 2012
May 2011
May 2010
Tangible Assets
357,399
358,450
371,947
271,036
170,500
159,572
150,728
189,649
206,256
145,248
145,208
179,780
125,731
121,828
125,366
Intangible Assets
12,500
25,000
37,500
50,000
62,500
75,000
87,500
100,000
112,500
125,000
137,500
150,000
162,500
175,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
357,399
370,950
396,947
308,536
220,500
222,072
225,728
277,149
306,256
257,748
270,208
317,280
275,731
284,328
300,366
Stock & work in progress
616,104
536,376
519,400
436,400
330,148
430,858
256,400
441,399
295,744
306,400
206,400
206,400
306,400
106,400
256,400
Trade Debtors
690,284
971,790
394,653
683,437
197,654
692,086
364,787
357,262
331,661
265,747
283,769
136,500
229,695
235,769
198,883
Group Debtors
405,610
405,610
390,738
440,738
108,060
Misc Debtors
37,587
76,560
155,112
81,510
140,856
64,625
32,584
106,086
39,365
Cash
536,715
720,076
290,221
423,681
658,295
145,063
63,362
98,033
142,557
157,764
114,200
310,994
138,502
112,416
313,391
misc current assets
total current assets
2,286,300
2,710,412
1,750,124
2,065,766
1,435,013
1,332,632
717,133
1,002,780
809,327
729,911
604,369
653,894
674,597
454,585
768,674
total assets
2,643,699
3,081,362
2,147,071
2,374,302
1,655,513
1,554,704
942,861
1,279,929
1,115,583
987,659
874,577
971,174
950,328
738,913
1,069,040
Bank overdraft
5,784
85,106
183
86,108
Bank loan
54,732
48,561
Trade Creditors
358,959
705,490
504,041
535,296
112,001
324,209
126,405
266,262
74,596
449,159
504,204
426,733
424,798
234,246
518,589
Group/Directors Accounts
other short term finances
57,292
82,951
62,500
40,489
hp & lease commitments
72,924
84,919
95,579
58,966
25,827
15,180
14,330
22,705
27,379
other current liabilities
523,822
639,791
350,015
426,043
341,931
309,777
200,810
265,724
274,658
total current liabilities
1,067,729
1,567,496
1,012,135
1,020,305
479,759
649,166
426,651
554,874
503,230
449,159
504,204
426,733
424,798
234,246
518,589
loans
207,614
319,639
119,792
244,792
250,000
hp & lease commitments
32,617
70,495
94,172
65,243
30,243
32,444
5,110
11,839
34,554
Accruals and Deferred Income
other liabilities
11,414
276
16,800
17,376
15,037
7,248
provisions
86,328
86,328
34,474
48,720
29,431
26,874
24,061
30,636
31,803
17,924
15,977
21,850
19,819
17,937
15,302
total long term liabilities
326,559
476,462
248,438
358,755
309,674
59,318
29,171
42,475
66,357
29,338
16,253
38,650
37,195
32,974
22,550
total liabilities
1,394,288
2,043,958
1,260,573
1,379,060
789,433
708,484
455,822
597,349
569,587
478,497
520,457
465,383
461,993
267,220
541,139
net assets
1,249,411
1,037,404
886,498
995,242
866,080
846,220
487,039
682,580
545,996
509,162
354,120
505,791
488,335
471,693
527,901
total shareholders funds
1,249,411
1,037,404
886,498
995,242
866,080
846,220
487,039
682,580
545,996
509,162
354,120
505,791
488,335
471,693
527,901
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
293,367
212,036
-97,366
174,009
31,742
445,524
-193,173
172,283
49,406
193,123
-152,734
21,546
21,270
-57,273
731,023
Depreciation
124,022
121,090
121,290
84,748
49,861
59,003
51,773
4,749
60,755
45,339
43,102
53,430
37,774
38,926
40,318
Amortisation
12,500
12,500
12,500
12,500
12,500
12,500
12,500
12,500
12,500
12,500
12,500
12,500
12,500
12,500
12,500
Tax
-70,669
-50,302
-30,297
-4,659
-84,252
-32,038
-9,208
-38,760
-5,214
-5,255
-204,906
Stock
79,728
16,976
83,000
106,252
-100,710
174,458
-184,999
145,655
-10,656
100,000
-100,000
200,000
-150,000
256,400
Debtors
-320,479
513,457
-265,182
759,115
-310,141
359,340
-65,977
92,322
105,279
-18,022
147,269
-93,195
-6,074
36,886
198,883
Creditors
-346,531
201,449
-31,255
423,295
-212,208
197,804
-139,857
191,666
-374,563
-55,045
77,471
1,935
190,552
-284,343
518,589
Accruals and Deferred Income
-115,969
289,776
-76,028
84,112
32,154
108,967
-64,914
-8,934
274,658
Deferred Taxes & Provisions
51,854
-14,246
19,289
2,557
2,813
-6,575
-1,167
13,879
1,947
-5,873
2,031
1,882
2,635
15,302
Cash flow from operations
137,471
307,970
97,077
-97,711
322,798
208,561
-89,270
101,082
-67,196
77,126
-172,803
279,423
64,797
-174,441
657,543
Investing Activities
capital expenditure
-122,971
-107,593
-222,201
-185,284
-60,789
-67,847
-12,852
11,858
-121,763
-45,379
-8,530
-107,479
-41,677
-35,388
-353,184
Change in Investments
cash flow from investments
-122,971
-107,593
-222,201
-185,284
-60,789
-67,847
-12,852
11,858
-121,763
-45,379
-8,530
-107,479
-41,677
-35,388
-353,184
Financing Activities
Bank loans
6,171
48,561
Group/Directors Accounts
Other Short Term Loans
-25,659
20,451
62,500
-40,489
40,489
Long term loans
-112,025
199,847
-125,000
-5,208
250,000
Hire Purchase and Lease Commitments
-49,873
-34,337
65,542
68,139
8,446
28,184
-15,104
-27,389
61,933
other long term liabilities
-11,414
11,138
-16,524
-576
2,339
7,789
7,248
share issue
1,000
interest
-10,691
-10,827
-11,378
-14,550
-7,223
-2,090
-2,369
-3,661
-3,363
680
1,063
1,124
627
1,065
783
cash flow from financing
-192,077
223,695
-8,336
48,381
251,223
26,094
-17,473
-71,539
87,645
11,818
-15,461
548
2,966
8,854
9,031
cash and cash equivalents
cash
-183,361
429,855
-133,460
-234,614
513,232
81,701
-34,671
-44,524
-15,207
43,564
-196,794
172,492
26,086
-200,975
313,391
overdraft
-5,784
5,784
-85,106
84,923
-85,925
86,108
change in cash
-177,577
424,071
-133,460
-234,614
513,232
166,807
-119,594
41,401
-101,315
43,564
-196,794
172,492
26,086
-200,975
313,391
derek mitchell group 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 derek mitchell group limited. Get real-time insights into derek mitchell group limited's credit score, group structure and payment trends.
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derek mitchell group limited Ownership
DEREK MITCHELL GROUP LIMITED group structure
Derek Mitchell Group Limited has no subsidiary companies.
Ultimate parent company
DEREK MITCHELL GROUP LIMITED
SC207699
DEREK MITCHELL GROUP LIMITED Shareholders
The sole shareholder of Derek Mitchell Group Limited is Paul Mitchell.
paul mitchell
100%
derek mitchell group limited directors
Derek Mitchell Group Limited currently has 2 directors.
The longest serving directors include
Mr Paul Mitchell (Jun 2000) and
Mrs Georgina Mitchell (Aug 2024).
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 2 charges/mortgages relating to derek mitchell group limited. Currently there are 1 open charges and 1 have been satisfied in the past.
derek mitchell group 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 DEREK MITCHELL GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
derek mitchell group limitedCompanies House Filings - See Documents
