Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
venture building, 1 kelvin campus, west of scotlan, glasgow, G20 0SP
m squared technologies group limitedEstimated Valuation
£35.6m
Pomanda estimates the enterprise value of M SQUARED TECHNOLOGIES GROUP LIMITED at £35.6m based on a Turnover of £17.8m and 1.99x industry multiple (adjusted for size and gross margin).
m squared technologies group limitedEstimated Valuation
£40.9m
Pomanda estimates the enterprise value of M SQUARED TECHNOLOGIES GROUP LIMITED at £40.9m based on an EBITDA of £4.9m and a 8.33x industry multiple (adjusted for size and gross margin).
m squared technologies group limitedEstimated Valuation
£42.3m
Pomanda estimates the enterprise value of M SQUARED TECHNOLOGIES GROUP LIMITED at £42.3m based on Net Assets of £32.4m and 1.31x industry multiple (adjusted for liquidity).
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M Squared Technologies Group LimitedOverview
M Squared Technologies Group Limited is a live company located in glasgow, G20 0SP with a Companies House number of SC675779. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2020, it's largest shareholder is
scottish investments limited
with a 35.3% stake. M Squared Technologies Group Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£17.8m with
unknown
growth in recent years.
Pomanda's financial health check has awarded M Squared Technologies Group Limited a 4 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 Rating4out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £17.8m, make it in line with the average company (£18.1m)
£17.8m - M Squared Technologies Group Limited
£18.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - M Squared Technologies Group Limited
- - Industry AVG
Production
with a gross margin of 55.3%, this company has a lower cost of product (35.4%)
55.3% - M Squared Technologies Group Limited
35.4% - Industry AVG
Profitability
an operating margin of -18.8% make it less profitable than the average company (5.1%)
-18.8% - M Squared Technologies Group Limited
5.1% - Industry AVG
Employees
with 68 employees, this is below the industry average (103)
68 - M Squared Technologies Group Limited
103 - Industry AVG
Pay Structure
on an average salary of £101.3k, the company has a higher pay structure (£41.5k)
£101.3k - M Squared Technologies Group Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £262.3k, this is more efficient (£179.8k)
£262.3k - M Squared Technologies Group Limited
£179.8k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (46 days)
45 days - M Squared Technologies Group Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 159 days, this is slower than average (46 days)
159 days - M Squared Technologies Group Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 148 days, this is more than average (41 days)
148 days - M Squared Technologies Group Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - M Squared Technologies Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.9%, this is a lower level of debt than the average (68.9%)
51.9% - M Squared Technologies Group Limited
68.9% - Industry AVG
M SQUARED TECHNOLOGIES GROUP LIMITED financials
EXPORT
M Squared Technologies Group Limited's latest turnover from February 2023 is £17.8 million and the company has net assets of £32.4 million. According to their latest financial statements, M Squared Technologies Group Limited has 68 employees and maintains cash reserves of £181.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2023
Feb 2022
Turnover
17,835,465
22,946,033
Other Income Or Grants
Cost Of Sales
7,978,566
8,940,137
Gross Profit
9,856,899
14,005,896
Admin Expenses
13,213,621
18,160,508
Operating Profit
-3,356,722
-4,154,612
Interest Payable
2,191,252
2,514,400
Interest Receivable
164
Pre-Tax Profit
-5,547,974
-6,668,848
Tax
-715,023
-1,158,088
Profit After Tax
-6,262,997
-7,826,936
Dividends Paid
Retained Profit
-6,262,997
-7,826,936
Employee Costs
6,889,252
10,141,889
Number Of Employees
68
100
EBITDA*
4,911,280
5,914,228
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2023
Feb 2022
Tangible Assets
195,824
357,969
Intangible Assets
51,150,341
57,184,740
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
51,346,165
57,542,709
Stock & work in progress
3,256,060
4,931,492
Trade Debtors
2,236,709
3,243,807
Group Debtors
Misc Debtors
10,357,264
6,616,239
Cash
181,675
2,424,533
misc current assets
total current assets
16,031,708
17,216,071
total assets
67,377,873
74,758,780
Bank overdraft
Bank loan
1,500,000
2,500,000
Trade Creditors
3,487,892
3,071,299
Group/Directors Accounts
other short term finances
672,000
hp & lease commitments
other current liabilities
5,818,902
6,547,477
total current liabilities
11,478,794
12,118,776
loans
14,100,000
15,647,000
hp & lease commitments
Accruals and Deferred Income
2,275,216
1,924,593
other liabilities
5,000,000
5,000,000
provisions
2,087,269
1,369,398
total long term liabilities
23,462,485
23,940,991
total liabilities
34,941,279
36,059,767
net assets
32,436,594
38,699,013
total shareholders funds
32,436,594
38,699,013
Feb 2023
Feb 2022
Operating Activities
Operating Profit
-3,356,722
-4,154,612
Depreciation
163,710
231,156
Amortisation
8,104,292
9,837,684
Tax
-715,023
-1,158,088
Stock
-1,675,432
4,931,492
Debtors
2,733,927
9,860,046
Creditors
416,593
3,071,299
Accruals and Deferred Income
-377,952
8,472,070
Deferred Taxes & Provisions
717,871
1,369,398
Cash flow from operations
3,894,274
2,877,369
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-1,000,000
2,500,000
Group/Directors Accounts
Other Short Term Loans
672,000
Long term loans
-1,547,000
15,647,000
Hire Purchase and Lease Commitments
other long term liabilities
5,000,000
share issue
578
46,525,949
interest
-2,191,252
-2,514,236
cash flow from financing
-4,065,674
67,158,713
cash and cash equivalents
cash
-2,242,858
2,424,533
overdraft
change in cash
-2,242,858
2,424,533
m squared technologies 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 m squared technologies group limited. Get real-time insights into m squared technologies group limited's credit score, group structure and payment trends.
M Squared Technologies Group Limited Competitor Analysis
Perform a competitor analysis for m squared technologies group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in G20 area or any other competitors across 12 key performance metrics.
m squared technologies group limited Ownership
M SQUARED TECHNOLOGIES GROUP LIMITED group structure
M Squared Technologies Group Limited has 1 subsidiary company.
The largest shareholders in M Squared Technologies Group Limited include Scottish Investments Limited and Gareth Thomas Maker.
scottish investments limited
35.31%
gareth thomas maker
18.33%
graeme peter alexander malcolm
18.33%
bgf nominees limited (a/c bgf investments lp)
9.94%
john frederick henry nicholls
6.5%
scottish enterprise
5.16%
antoinette bordui
2.9%
james rodger
1.86%
stuart richard fraser malcolm
1.35%
graeme bruce
0.32%
m squared technologies group limited directors
M Squared Technologies Group Limited currently has 3 directors.
The longest serving directors include
Mr Angus Morrison (Nov 2020) and
Dr Graeme Malcolm (Nov 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023
net assets
32.4m
-0.16%
total assets
67.4m
-0.1%
cash
181.7k
-0.93%
net assets
Total assets minus all liabilities
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m squared technologies group limited company details
company number
SC675779
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
ANDERSON ANDERSON & BROWN AUDIT LLP
address
venture building, 1 kelvin campus, west of scotlan, glasgow, G20 0SP
Bank
-
Legal Advisor
-
m squared technologies group 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 3 charges/mortgages relating to m squared technologies group limited. Currently there are 3 open charges and 0 have been satisfied in the past.
m squared technologies 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.
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m squared technologies group limitedCompanies House Filings - See Documents
