JOHN COCKERILL SERVICES MCF : revenue, balance sheet and financial ratios

JOHN COCKERILL SERVICES MCF is a French company founded 21 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in GRANDE-SYNTHE (59760), this company of category ETI shows in 2021 a revenue of 4.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - JOHN COCKERILL SERVICES MCF (SIREN 480068410)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 4 464 174 € 4 245 974 € 5 256 169 € 5 527 337 € 5 217 846 € 5 242 162 €
Net income -280 073 € -112 676 € 192 257 € 136 293 € 284 842 € 46 374 €
EBITDA -95 836 € -149 527 € 301 778 € 204 315 € 260 804 € 48 046 €
Net margin -6.3% -2.7% 3.7% 2.5% 5.5% 0.9%

Revenue and income statement

In 2021, JOHN COCKERILL SERVICES MCF achieves revenue of 4.5 M€. Activity remains stable over the period (CAGR: -3.2%). Vs 2020: +5%. After deducting consumption (1.1 M€), gross margin stands at 3.3 M€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -96 k€, representing -2.1% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -280 k€ (-6.3% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 464 174 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 316 227 €

EBITDA (2021) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-95 836 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-229 169 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-280 073 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-2.1%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 195%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

195.358%

Financial autonomy (2021) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

24.083%

Cash flow / Revenue (2021) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-3.811%

Repayment capacity (2021) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-17.311

Asset age ratio (2021) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

53.1%

Solvency indicators evolution
JOHN COCKERILL SERVICES MCF

Sector positioning

Debt ratio
195.36 2021
2019
2020
2021
Q1: 2.76
Med: 22.87
Q3: 71.74
Average +50 pts over 3 years

In 2021, the debt ratio of JOHN COCKERILL SERVICES MCF (195.36) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
24.08% 2021
2019
2020
2021
Q1: 20.87%
Med: 41.21%
Q3: 59.52%
Average -37 pts over 3 years

In 2021, the financial autonomy of JOHN COCKERILL SERVICES MCF (24.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-17.31 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.36 years
Q3: 2.17 years
Excellent

In 2021, the repayment capacity of JOHN COCKERILL SERVICES MCF (-17.31) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 200.48. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

200.481

Interest coverage (2021) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-53.645

Liquidity indicators evolution
JOHN COCKERILL SERVICES MCF

Sector positioning

Liquidity ratio
200.48 2021
2019
2020
2021
Q1: 165.31
Med: 233.11
Q3: 340.96
Average

In 2021, the liquidity ratio of JOHN COCKERILL SERVICES MCF (200.48) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
-53.65x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.32x
Q3: 2.32x
Watch -5 pts over 3 years

In 2021, the interest coverage of JOHN COCKERILL SERVICES MCF (-53.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 107 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 86 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 72 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 199 days of revenue, i.e. 2.5 M€ to permanently finance. Over 2016-2021, WCR increased by +73%, requiring additional financing.

Operating WCR (2021) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

2 468 376 €

Customer credit (2021) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

107 j

Supplier credit (2021) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

86 j

Inventory turnover (2021) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

72 j

WCR in days of revenue (2021) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

199 j

WCR and payment terms evolution
JOHN COCKERILL SERVICES MCF

Positioning of JOHN COCKERILL SERVICES MCF in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of JOHN COCKERILL SERVICES MCF is estimated at 1 200 434 € (range 640 123€ - 3 048 813€). The price/revenue ratio is 0.27x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2021
104 transactions
640k€ 1200k€ 3048k€
1 200 434 € Range: 640 123€ - 3 048 813€
NAF 5 all-time

Valuation method used

Revenue Multiple
4 464 174 € × 0.27x = 1 200 434 €
Range: 640 123€ - 3 048 813€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 104 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Réparation de machines et équipements mécaniques)

Compare JOHN COCKERILL SERVICES MCF with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about JOHN COCKERILL SERVICES MCF

What is the revenue of JOHN COCKERILL SERVICES MCF ?

The revenue of JOHN COCKERILL SERVICES MCF in 2021 is 4.5 M€.

Is JOHN COCKERILL SERVICES MCF profitable?

JOHN COCKERILL SERVICES MCF recorded a net loss in 2021.

Where is the headquarters of JOHN COCKERILL SERVICES MCF ?

The headquarters of JOHN COCKERILL SERVICES MCF is located in GRANDE-SYNTHE (59760), in the department Nord.

Where to find the tax return of JOHN COCKERILL SERVICES MCF ?

The tax return of JOHN COCKERILL SERVICES MCF is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does JOHN COCKERILL SERVICES MCF operate?

JOHN COCKERILL SERVICES MCF operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.