applied laser engineering limited

4.5

applied laser engineering limited Company Information

Share APPLIED LASER ENGINEERING LIMITED
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Company Number

02443307

Registered Address

aissela 46 high street, esher, surrey, KT10 9QY

Industry

Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

 

Telephone

02089411101

Next Accounts Due

December 2024

Group Structure

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Directors

Philip Limberger32 Years

Brendan Pollard32 Years

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Shareholders

brendan thomas pollard 63.8%

philip walter limberger 30%

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applied laser engineering limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of APPLIED LASER ENGINEERING LIMITED at £5.1m based on a Turnover of £5.4m and 0.94x industry multiple (adjusted for size and gross margin).

applied laser engineering limited Estimated Valuation

£0

Pomanda estimates the enterprise value of APPLIED LASER ENGINEERING LIMITED at £0 based on an EBITDA of £-330.9k and a 6.27x industry multiple (adjusted for size and gross margin).

applied laser engineering limited Estimated Valuation

£12.6m

Pomanda estimates the enterprise value of APPLIED LASER ENGINEERING LIMITED at £12.6m based on Net Assets of £4.8m and 2.64x industry multiple (adjusted for liquidity).

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Applied Laser Engineering Limited Overview

Applied Laser Engineering Limited is a live company located in surrey, KT10 9QY with a Companies House number of 02443307. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in November 1989, it's largest shareholder is brendan thomas pollard with a 63.8% stake. Applied Laser Engineering Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.4m with high growth in recent years.

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Applied Laser Engineering Limited Health Check

Pomanda's financial health check has awarded Applied Laser Engineering Limited a 4.5 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 Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £5.4m, make it smaller than the average company (£11.6m)

£5.4m - Applied Laser Engineering Limited

£11.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (4.7%)

24% - Applied Laser Engineering Limited

4.7% - Industry AVG

production

Production

with a gross margin of 41.6%, this company has a comparable cost of product (41.6%)

41.6% - Applied Laser Engineering Limited

41.6% - Industry AVG

profitability

Profitability

an operating margin of -6.5% make it less profitable than the average company (9.2%)

-6.5% - Applied Laser Engineering Limited

9.2% - Industry AVG

employees

Employees

with 23 employees, this is below the industry average (75)

23 - Applied Laser Engineering Limited

75 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)

£52.7k - Applied Laser Engineering Limited

£52.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £235.2k, this is more efficient (£183.5k)

£235.2k - Applied Laser Engineering Limited

£183.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (50 days)

79 days - Applied Laser Engineering Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 63 days, this is slower than average (43 days)

63 days - Applied Laser Engineering Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 185 days, this is more than average (112 days)

185 days - Applied Laser Engineering Limited

112 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 80 weeks, this is more cash available to meet short term requirements (24 weeks)

80 weeks - Applied Laser Engineering Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.6%, this is a similar level of debt than the average (38.3%)

37.6% - Applied Laser Engineering Limited

38.3% - Industry AVG

applied laser engineering limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Applied Laser Engineering Limited Competitor Analysis

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applied laser engineering limited Ownership

APPLIED LASER ENGINEERING LIMITED group structure

Applied Laser Engineering Limited has no subsidiary companies.

Ultimate parent company

APPLIED LASER ENGINEERING LIMITED

02443307

APPLIED LASER ENGINEERING LIMITED Shareholders

brendan thomas pollard 63.75%
philip walter limberger 30%
mo suri 3.13%
alex askari 3.13%

applied laser engineering limited directors

Applied Laser Engineering Limited currently has 4 directors. The longest serving directors include Mr Philip Limberger (Nov 1991) and Mr Brendan Pollard (Nov 1991).

officercountryagestartendrole
Mr Philip LimbergerEngland60 years Nov 1991- Director
Mr Brendan PollardEngland68 years Nov 1991- Director
Mrs Alison BirchEngland60 years Feb 2013- Director
Ms Sara PollardEngland66 years Feb 2013- Director

APPLIED LASER ENGINEERING LIMITED financials

EXPORTms excel logo

Applied Laser Engineering Limited's latest turnover from March 2023 is estimated at £5.4 million and the company has net assets of £4.8 million. According to their latest financial statements, Applied Laser Engineering Limited has 23 employees and maintains cash reserves of £4.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover5,410,2222,906,9446,272,8322,831,7883,277,3823,490,2493,882,7572,354,6795,359,8723,926,4096,696,2977,894,7035,773,4804,888,981
Other Income Or Grants00000000000000
Cost Of Sales3,158,1981,663,1593,605,4661,600,6801,823,7401,957,3692,217,9241,338,0123,102,6372,573,7954,461,7005,492,3653,383,5212,968,527
Gross Profit2,252,0251,243,7852,667,3661,231,1091,453,6421,532,8811,664,8331,016,6672,257,2351,352,6142,234,5972,402,3382,389,9591,920,454
Admin Expenses2,601,637379,3342,902,4782,200,988811,1101,266,729526,373781,0492,352,8201,044,5961,626,7321,300,6721,939,0281,925,427
Operating Profit-349,612864,451-235,112-969,879642,532266,1521,138,460235,618-95,585308,018607,8651,101,666450,931-4,973
Interest Payable000002562460000000
Interest Receivable185,66031,5433,9844,43136,58922,2388,78415,68616,8874,6003,8073,97011,54377,924
Pre-Tax Profit-163,952895,994-231,128-965,448679,121288,1331,146,998251,304-78,698312,618611,6721,105,636462,4740
Tax0-170,23900-129,033-54,745-229,399-50,26102,935-2,428-36,023-129,4930
Profit After Tax-163,952725,755-231,128-965,448550,088233,388917,598201,043-78,698315,553609,2441,069,613332,9810
Dividends Paid0000000000500,000250,00000
Retained Profit-163,952725,755-231,128-965,448550,088233,388917,598201,043-78,698315,553109,244819,613332,9810
Employee Costs1,212,7171,371,9851,360,5701,473,8211,543,8591,449,4841,506,143769,9811,591,5731,439,5382,525,1461,915,3101,580,2622,856,266
Number Of Employees2327283133323418382826294235
EBITDA*-330,890887,391-139,600-866,596748,252387,0891,203,470302,197-34,220331,296632,9981,132,941475,67345,693

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets27,33146,05368,847111,023208,816300,640164,332216,093236,86138,53259,37890,46755,53945,598
Intangible Assets00003,0007,50012,00016,50021,00025,5000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets27,33146,05368,847111,023211,816308,140176,332232,593257,86164,03259,37890,46755,53945,598
Stock & work in progress1,607,1021,098,3461,861,4191,194,4291,656,3821,972,1572,373,1731,835,8521,344,8891,122,9931,245,4171,432,2631,189,997868,270
Trade Debtors1,179,371341,1831,433,807239,890328,236369,073490,109274,226623,719555,718689,280998,914865,967805,541
Group Debtors00000000000000
Misc Debtors544,572282,088640,466381,618369,184633,034246,792181,5740256,62255,79092,5598750
Cash4,325,2484,411,6973,999,6863,969,2474,891,8164,865,3054,029,8112,997,3503,277,0923,477,8573,233,9522,674,5562,627,9111,989,252
misc current assets00000000000000
total current assets7,656,2936,133,3147,935,3785,785,1847,245,6187,839,5697,139,8855,289,0025,245,7005,413,1905,224,4395,198,2924,684,7503,663,063
total assets7,683,6246,179,3678,004,2255,896,2077,457,4348,147,7097,316,2175,521,5955,503,5615,477,2225,283,8175,288,7594,740,2893,708,661
Bank overdraft0000007,8800000000
Bank loan00000000000000
Trade Creditors 549,222235,697539,524298,671408,979496,072329,721465,3461,977,434339,636428,148559,9701,879,8741,181,227
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments0019,45351,10549,84848,59200000000
other current liabilities2,248,113892,3163,119,649970,2511,424,8052,604,4832,333,8481,329,07901,532,7611,566,3971,048,76100
total current liabilities2,797,3351,128,0133,678,6261,320,0271,883,6323,149,1472,671,4491,794,4251,977,4341,872,3971,994,5451,608,7311,879,8741,181,227
loans00000000000000
hp & lease commitments00019,45370,558120,40600000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions92,81893,93193,93193,93175,000000000000
total long term liabilities92,81893,93193,931113,384145,558120,40600000000
total liabilities2,890,1531,221,9443,772,5571,433,4112,029,1903,269,5532,671,4491,794,4251,977,4341,872,3971,994,5451,608,7311,879,8741,181,227
net assets4,793,4714,957,4234,231,6684,462,7965,428,2444,878,1564,644,7683,727,1703,526,1273,604,8253,289,2723,680,0282,860,4152,527,434
total shareholders funds4,793,4714,957,4234,231,6684,462,7965,428,2444,878,1564,644,7683,727,1703,526,1273,604,8253,289,2723,680,0282,860,4152,527,434
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-349,612864,451-235,112-969,879642,532266,1521,138,460235,618-95,585308,018607,8651,101,666450,931-4,973
Depreciation18,72222,94095,512100,283101,220116,43760,51062,07956,86523,27825,13331,27524,74250,666
Amortisation0003,0004,5004,5004,5004,5004,50000000
Tax0-170,23900-129,033-54,745-229,399-50,26102,935-2,428-36,023-129,4930
Stock508,756-763,073666,990-461,953-315,775-401,016537,321490,963221,896-122,424-186,846242,266321,727868,270
Debtors1,100,672-1,451,0021,452,765-75,912-304,687265,206281,101-167,919-188,62167,270-346,403224,63161,301805,541
Creditors313,525-303,827240,853-110,308-87,093166,351-135,625-1,512,0881,637,798-88,512-131,822-1,319,904698,6471,181,227
Accruals and Deferred Income1,355,797-2,227,3332,149,398-454,554-1,179,678270,6351,004,7691,329,079-1,532,761-33,636517,6361,048,76100
Deferred Taxes & Provisions-1,1130018,93175,000000000000
Cash flow from operations-272,109400,067130,896-874,66247,910905,1401,024,793-254,11737,542267,2371,549,633358,878661,799-446,891
Investing Activities
capital expenditure0-146-53,336-2,490-9,396-252,745-8,749-41,311-255,194-32,43211,100-62,843-34,683-13,025
Change in Investments00000000000000
cash flow from investments0-146-53,336-2,490-9,396-252,745-8,749-41,311-255,194-32,43211,100-62,843-34,683-13,025
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments0-19,453-51,105-49,848-48,592168,99800000000
other long term liabilities00000000000000
share issue0000000000-500,000002,527,434
interest185,66031,5433,9844,43136,58921,9828,53815,68616,8874,6003,8073,97011,54377,924
cash flow from financing185,66012,090-47,121-45,417-12,003190,9808,53815,68616,8874,600-496,1933,97011,5432,605,358
cash and cash equivalents
cash-86,449412,01130,439-922,56926,511835,4941,032,461-279,742-200,765243,905559,39646,645638,6591,989,252
overdraft00000-7,8807,8800000000
change in cash-86,449412,01130,439-922,56926,511843,3741,024,581-279,742-200,765243,905559,39646,645638,6591,989,252

P&L

March 2023

turnover

5.4m

+86%

operating profit

-349.6k

0%

gross margin

41.7%

-2.71%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

4.8m

-0.03%

total assets

7.7m

+0.24%

cash

4.3m

-0.02%

net assets

Total assets minus all liabilities

applied laser engineering limited company details

company number

02443307

Type

Private limited with Share Capital

industry

26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

incorporation date

November 1989

age

35

accounts

Small Company

ultimate parent company

None

previous names

N/A

incorporated

UK

address

aissela 46 high street, esher, surrey, KT10 9QY

last accounts submitted

March 2023

applied laser engineering 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 5 charges/mortgages relating to applied laser engineering limited. Currently there are 2 open charges and 3 have been satisfied in the past.

charges

applied laser engineering limited Companies House Filings - See Documents

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