mw rentals uk limited
mw rentals uk limited Company Information
Company Number
SC505322
Website
www.mwhire.comRegistered Address
1 dunlop place, meadowhead industrial estate, ayshire, scotland, KA11 5BJ
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Telephone
01294620067
Next Accounts Due
October 2024
Group Structure
View All
Directors
Matthew Walsh9 Years
Shareholders
mw generators limited 100%
mw rentals uk limited Estimated Valuation
Pomanda estimates the enterprise value of MW RENTALS UK LIMITED at £945.5k based on a Turnover of £1.7m and 0.54x industry multiple (adjusted for size and gross margin).
mw rentals uk limited Estimated Valuation
Pomanda estimates the enterprise value of MW RENTALS UK LIMITED at £715.9k based on an EBITDA of £316.9k and a 2.26x industry multiple (adjusted for size and gross margin).
mw rentals uk limited Estimated Valuation
Pomanda estimates the enterprise value of MW RENTALS UK LIMITED at £887k based on Net Assets of £354.5k and 2.5x industry multiple (adjusted for liquidity).
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Mw Rentals Uk Limited Overview
Mw Rentals Uk Limited is a live company located in ayshire, KA11 5BJ with a Companies House number of SC505322. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in May 2015, it's largest shareholder is mw generators limited with a 100% stake. Mw Rentals Uk Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with rapid growth in recent years.
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Mw Rentals Uk Limited Health Check
Pomanda's financial health check has awarded Mw Rentals Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£12.4m)
- Mw Rentals Uk Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 180%, show it is growing at a faster rate (5%)
- Mw Rentals Uk Limited
5% - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (34.3%)
- Mw Rentals Uk Limited
34.3% - Industry AVG
Profitability
an operating margin of 17.5% make it more profitable than the average company (12.1%)
- Mw Rentals Uk Limited
12.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (67)
3 - Mw Rentals Uk Limited
67 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Mw Rentals Uk Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £581.3k, this is more efficient (£208.8k)
- Mw Rentals Uk Limited
£208.8k - Industry AVG
Debtor Days
it gets paid by customers after 163 days, this is later than average (63 days)
- Mw Rentals Uk Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is quicker than average (52 days)
- Mw Rentals Uk Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (9 days)
- Mw Rentals Uk Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (8 weeks)
22 weeks - Mw Rentals Uk Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72%, this is a higher level of debt than the average (59%)
72% - Mw Rentals Uk Limited
59% - Industry AVG
MW RENTALS UK LIMITED financials
Mw Rentals Uk Limited's latest turnover from January 2023 is estimated at £1.7 million and the company has net assets of £354.5 thousand. According to their latest financial statements, Mw Rentals Uk Limited has 3 employees and maintains cash reserves of £401.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 1,256,212 | 71,075 | 36,177 | 103,639 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 1,140,759 | 8,752 | 32,604 | 79,475 | ||||
| Gross Profit | 115,453 | 62,323 | 3,573 | 24,164 | ||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | -15,209 | -83,269 | -31,802 | 9,132 | ||||
| Tax | 0 | 0 | 145 | -145 | ||||
| Profit After Tax | -15,209 | -83,269 | -31,657 | 8,987 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -15,209 | -83,269 | -31,657 | 8,987 | ||||
| Employee Costs | ||||||||
| Number Of Employees | 3 | 2 | 2 | 2 | 2 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,142 | 40,076 | 28,366 | 12,634 | 65,529 | 80,309 | 8,380 | 10,959 |
| 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 | 52,142 | 40,076 | 28,366 | 12,634 | 65,529 | 80,309 | 8,380 | 10,959 |
| Stock & work in progress | 1,973 | 0 | 0 | 0 | 362,350 | 153 | 0 | 0 |
| Trade Debtors | 780,824 | 142,262 | 236,875 | 1,223 | 95,797 | 54,894 | 1,410 | 16,278 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 28,561 | 0 | 0 | 79,529 | 23,964 | 8,002 | 1,708 | 1 |
| Cash | 401,556 | 143,341 | 87,892 | 5,379 | 33,012 | 5,730 | 33,384 | 74,793 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,141 |
| total current assets | 1,212,914 | 285,603 | 324,767 | 86,131 | 515,123 | 68,779 | 36,502 | 113,213 |
| total assets | 1,265,056 | 325,679 | 353,133 | 98,765 | 580,652 | 149,088 | 44,882 | 124,172 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 153,238 | 37,388 | 46,579 | 7,816 | 491,979 | 59,533 | 40,522 | 93,975 |
| Group/Directors Accounts | 626,032 | 163,319 | 345,056 | 211,672 | 197,243 | 185,376 | 17,418 | 17,280 |
| 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 | 131,256 | 25,085 | 8,762 | 6,019 | 12,576 | 10,117 | 9,611 | 3,929 |
| total current liabilities | 910,526 | 225,792 | 400,397 | 225,507 | 701,798 | 255,026 | 67,551 | 115,184 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 910,526 | 225,792 | 400,397 | 225,507 | 701,798 | 255,026 | 67,551 | 115,184 |
| net assets | 354,530 | 99,887 | -47,264 | -126,742 | -121,146 | -105,938 | -22,669 | 8,988 |
| total shareholders funds | 354,530 | 99,887 | -47,264 | -126,742 | -121,146 | -105,938 | -22,669 | 8,988 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 12,089 | 8,742 | 4,469 | 6,100 | 21,699 | 20,315 | 2,579 | 1,934 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 145 | -145 | ||||
| Stock | 1,973 | 0 | 0 | -362,350 | 362,197 | 153 | 0 | 0 |
| Debtors | 667,123 | -94,613 | 156,123 | -39,009 | 56,865 | 59,778 | -13,161 | 16,279 |
| Creditors | 115,850 | -9,191 | 38,763 | -484,163 | 432,446 | 19,011 | -53,453 | 93,975 |
| Accruals and Deferred Income | 106,171 | 16,323 | 2,743 | -6,557 | 2,459 | 506 | 5,682 | 3,929 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | -12,893 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -12,893 | ||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 462,713 | -181,737 | 133,384 | 14,429 | 11,867 | 167,958 | 138 | 17,280 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | ||||
| cash flow from financing | 11,868 | 167,958 | 138 | 17,281 | ||||
| cash and cash equivalents | ||||||||
| cash | 258,215 | 55,449 | 82,513 | -27,633 | 27,282 | -27,654 | -41,409 | 74,793 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 258,215 | 55,449 | 82,513 | -27,633 | 27,282 | -27,654 | -41,409 | 74,793 |
mw rentals uk limited Credit Report and Business Information
Mw Rentals Uk Limited Competitor Analysis
Perform a competitor analysis for mw rentals uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in KA11 area or any other competitors across 12 key performance metrics.
mw rentals uk limited Ownership
MW RENTALS UK LIMITED group structure
Mw Rentals Uk Limited has no subsidiary companies.
Ultimate parent company
MW RENTALS UK LIMITED
SC505322
mw rentals uk limited directors
Mw Rentals Uk Limited currently has 1 director, Mr Matthew Walsh serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Walsh | Ireland | 52 years | May 2015 | - | Director |
P&L
January 2023turnover
1.7m
+356%
operating profit
304.8k
0%
gross margin
22%
+1.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
354.5k
+2.55%
total assets
1.3m
+2.88%
cash
401.6k
+1.8%
net assets
Total assets minus all liabilities
Similar Companies
mw rentals uk limited company details
company number
SC505322
Type
Private limited with Share Capital
industry
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
May 2015
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2023
previous names
N/A
accountant
-
auditor
-
address
1 dunlop place, meadowhead industrial estate, ayshire, scotland, KA11 5BJ
Bank
ALLIED IRISH BANK PLC
Legal Advisor
-
mw rentals uk 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 did not find charges/mortgages relating to mw rentals uk limited.
mw rentals uk limited Companies House Filings - See Documents
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