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Group metropolitan ltd
Registration Number
01970248Incorporation Date
11/12/1985Last Annual Return
Not availableAddress
Unit 23, Greenwich Centre Business Park, London, London. SE10 9QF
Website
www.metropolitanelectrical.comAudit Fees
£60,000Secretary
Not available
Directors
Active
Mr Christopher Ellis (40 yrs)
Active
Mr Graham David Halls (46 yrs)
Active
Mr Karl James Warner (36 yrs)
Active
Mr Maurice Henry Exall (76 yrs)
Active
Mr Azagen Mootoosamy (51 yrs)
Active
Mr Robert James Warner (60 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 41783 | 44922 | 50361 | 63933 | 75441 |
| Directors Fees | 308 | 316 | 1309 | 1035 | 1242 |
| Gross Profits | 7998 | 7873 | 8912 | 14128 | 16671 |
| Value Added | 13297 | 15212 | 16957 | 21228 | 27083 |
| Trading Profit | 5427 | 5263 | 5091 | 6602 | 11367 |
| Depreciation | 71 | 96 | 107 | 102 | |
| Non-Trading Income | 1 | 9 | 59 | 168 | 0 |
| Total Interest Charges | 8 | 4 | 0 | 0 | 0 |
| Pre-tax Profit | 5349 | 5172 | 5043 | 6668 | 11245 |
| Retained Profit (Shareholders Funds) | -3242 | -1116 | 1179 | 884 | 4001 |
| Fixed Assets | 223 | 243 | 233 | 213 | 256 |
| Intangibles | 24 | 14 | 5 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3605 | 5669 | 4322 | 5929 | 6996 |
| Cash or Equivalent | 7504 | 8154 | 10124 | 13992 | 20861 |
| Total Current Assets | 11109 | 13823 | 14446 | 19921 | 27857 |
| Creditors | 1671 | 5032 | 2498 | 2760 | 3745 |
| Short Term Borrowing | 519 | 512 | 221 | 0 | 0 |
| Other Current Liabilities | 6940 | 7940 | 10408 | 14946 | 17935 |
| Total Current Liabilities | 9130 | 13484 | 13127 | 17706 | 21680 |
| Net Current Assets | 1979 | 339 | 1319 | 2215 | 6177 |
| Shareholders Funds | 1455 | 339 | 1518 | 2402 | 6403 |
| Total Loan Capital | 739 | 220 | 4 | 0 | 0 |
| Other Capital Employed | 31 | 38 | 36 | 25 | 30 |
| Total Capital Employed | 2225 | 597 | 1558 | 2427 | 6433 |
| Pretax Profit Margin % | 12.8 | 11.51 | 10.01 | 10.43 | 14.91 |
| Sales Growth % | 70 | 8 | 12 | 27 | 18 |
| Pretax Profit Growth % | 119 | -3 | -2 | 32 | 69.00 |
| Debtor Ratio Days | 31 | 46 | 31 | 34 | 33.7565263635368 |
| Creditor Ratio Days | 15 | 41 | 18 | 16 | 18.0710431232696 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 414 | 374 | 355 | 397 | 436.809316770187 |
| Value Added £000/Empl. | 132 | 127 | 119 | 132 | 156.549132947977 |
| Av. Remun. £000 / Empl. | 78 | 83 | 84 | 91 | 90.8447204968944 |
| Total Empl. Remu. £000 | 7870 | 9949 | 11866 | 14626 | 15716.1366459627 |
| Employees | 101 | 120 | 142 | 161 | 173 |
| Pretax Profit/Total Assets % | 47 | 37 | 34 | 33 | 40 |
Company Summary
- The Plimsoll Chart is falling though its height is ok.
- The company lies an excellent 1st in terms of Total Sales in this industry.
- The company lies an excellent 1st in terms of Pretax Profits in this industry.
- Gross Profit Margin has markedly improved from 17.7% to 22.1% in the latest year.
- The average salary is £91,000 which is well above the industry average of £72,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 10.4% in the latest year, well above the industry average of 5.8%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year.
- The company is among the Top 3 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 50 companies listed as a Fastest Growing Company (see section 2.1c).
- The company is among the Top 4 in terms of Trading Profits.
- The company is among the Top 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 96 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £63.9m sales and made £6.7m, by following the proposal plan, sales would rise to £75.4m and profits would rise to £11.2m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £63.9m TO SALES
- ATTRACTIVE PRICE
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Total Sales (£000) | 41783 | 44922 | 50361 | 63933 | 75441 |
| Pre-tax Profit (£000) | 5349 | 5172 | 5043 | 6668 | 11245 |
| Total Value (£000) | 32172 | 33341 | 36025 | 43817 | 69687 |
| Asset Value (£000) | 3852 | 5926 | 4560 | 6142 | 7252 |
| Goodwill (£000) | 28320 | 27415 | 31465 | 37675 | 62435 |
| Liabilities (£000) | -2396 | -5588 | -3043 | -3739 | -849 |
| Equity Value (£000) | 29776 | 27753 | 32982 | 40078 | 68838 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
TRUSTEE OF THE METROPOLITAN EMPLOYEE OWNERSHIP TRUST
Immediate Shareholder: See Shareholders
Subsidiaries
METROPOLITAN ELECTRICAL SERVICES LTD
METROPOLITAN SERVICES LTD
Acquisition / Valuation Comments
This company has been established 41 years.
The number of shareholders is low (1).
1 director is over 70 years of age.
1 director is under 40 years of age.
The value of the company has risen in each of the last 2 years.
The total value of the company is currently £43.8m including debts.
The equity value is high, indicating low levels of total liabilities.
This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.
The proposed year is based on achieving a 40% return on total assets.
The company's value would increase by 59% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 23%.
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