ies mechanical services ltd
ies mechanical services ltd Company Information
Company Number
08764854
Website
-Registered Address
moorend house snelsins road, cleckheaton, west yorkshire, BD19 3UE
Industry
Steam and air conditioning supply
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Directors
James Cunliffe10 Years
Shareholders
intergrated energy services group ltd 100%
ies mechanical services ltd Estimated Valuation
Pomanda estimates the enterprise value of IES MECHANICAL SERVICES LTD at £3.3m based on a Turnover of £2.4m and 1.38x industry multiple (adjusted for size and gross margin).
ies mechanical services ltd Estimated Valuation
Pomanda estimates the enterprise value of IES MECHANICAL SERVICES LTD at £110.3k based on an EBITDA of £24k and a 4.6x industry multiple (adjusted for size and gross margin).
ies mechanical services ltd Estimated Valuation
Pomanda estimates the enterprise value of IES MECHANICAL SERVICES LTD at £291.8k based on Net Assets of £105.6k and 2.76x industry multiple (adjusted for liquidity).
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Ies Mechanical Services Ltd Overview
Ies Mechanical Services Ltd is a dissolved company that was located in west yorkshire, BD19 3UE with a Companies House number of 08764854. It operated in the steam and air conditioning supply sector, SIC Code 35300. Founded in November 2013, it's largest shareholder was intergrated energy services group ltd with a 100% stake. The last turnover for Ies Mechanical Services Ltd was estimated at £2.4m.
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Ies Mechanical Services Ltd Health Check
Pomanda's financial health check has awarded Ies Mechanical Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £2.4m, make it larger than the average company (£1.1m)
- Ies Mechanical Services Ltd
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ies Mechanical Services Ltd
- - Industry AVG
Production
with a gross margin of 20.3%, this company has a higher cost of product (30%)
- Ies Mechanical Services Ltd
30% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (8.7%)
- Ies Mechanical Services Ltd
8.7% - Industry AVG
Employees
with 8 employees, this is below the industry average (45)
- Ies Mechanical Services Ltd
45 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Ies Mechanical Services Ltd
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £294.8k, this is more efficient (£225k)
- Ies Mechanical Services Ltd
£225k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (52 days)
- Ies Mechanical Services Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 137 days, this is slower than average (35 days)
- Ies Mechanical Services Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is more than average (10 days)
- Ies Mechanical Services Ltd
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (23 weeks)
12 weeks - Ies Mechanical Services Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87%, this is a higher level of debt than the average (73.5%)
87% - Ies Mechanical Services Ltd
73.5% - Industry AVG
ies mechanical services ltd Credit Report and Business Information
Ies Mechanical Services Ltd Competitor Analysis
Perform a competitor analysis for ies mechanical services ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ies mechanical services ltd Ownership
IES MECHANICAL SERVICES LTD group structure
Ies Mechanical Services Ltd has no subsidiary companies.
Ultimate parent company
1 parent
IES MECHANICAL SERVICES LTD
08764854
ies mechanical services ltd directors
Ies Mechanical Services Ltd currently has 1 director, Mr James Cunliffe serving since Nov 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Cunliffe | 72 years | Nov 2013 | - | Director |
IES MECHANICAL SERVICES LTD financials
Ies Mechanical Services Ltd's latest turnover from March 2016 is estimated at £2.4 million and the company has net assets of £105.6 thousand. According to their latest financial statements, we estimate that Ies Mechanical Services Ltd has 8 employees and maintains cash reserves of £173.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2016 | Mar 2015 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2016 | Mar 2015 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 232,367 | 90,658 |
| Trade Debtors | 406,221 | 326,560 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 173,221 | 105,875 |
| misc current assets | 0 | 0 |
| total current assets | 811,809 | 523,093 |
| total assets | 811,809 | 523,093 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 706,216 | 437,248 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 706,216 | 437,248 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 706,216 | 437,248 |
| net assets | 105,593 | 85,845 |
| total shareholders funds | 105,593 | 85,845 |
| Mar 2016 | Mar 2015 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 141,709 | 90,658 |
| Debtors | 79,661 | 326,560 |
| Creditors | 268,968 | 437,248 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 67,346 | 105,875 |
| overdraft | 0 | 0 |
| change in cash | 67,346 | 105,875 |
P&L
March 2016turnover
2.4m
+60%
operating profit
24k
0%
gross margin
20.3%
-6.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
105.6k
+0.23%
total assets
811.8k
+0.55%
cash
173.2k
+0.64%
net assets
Total assets minus all liabilities
ies mechanical services ltd company details
company number
08764854
Type
Private limited with Share Capital
industry
35300 - Steam and air conditioning supply
incorporation date
November 2013
age
11
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
moorend house snelsins road, cleckheaton, west yorkshire, BD19 3UE
last accounts submitted
March 2016
ies mechanical services 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 did not find charges/mortgages relating to ies mechanical services ltd.
ies mechanical services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
