Ultimate Sports Engineering Limited

POWER SEARCH PRICING

SOLUTIONS

ultimate sports engineering limited Company Information

Live

MatureSmallHealthy

Company Number

02505885

Website

http://ultimatesportsengineering.com

Registered Address

unit 4 bury mill farm bury gate, pulborough, west sussex, RH20 1NN

Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

Telephone

01798839300

Next Accounts Due

December 2024

Group Structure

View All

Directors

Roger Sparrow32 Years

Julie-Anne Sparrow13 Years

Shareholders

roger lionel sparrow 49.9%

julie-anne sparrow 49.9%

View All

ultimate sports engineering limited Estimated Valuation

£11.8m

Pomanda estimates the enterprise value of ULTIMATE SPORTS ENGINEERING LIMITED at £11.8m based on Net Assets of £3.7m and 3.18x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Ultimate Sports Engineering Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Ultimate Sports Engineering Limited is a live company located in west sussex, RH20 1NN with a Companies House number of 02505885. It operates in the other engineering activities sector, SIC Code 71129. Founded in May 1990, it's largest shareholder is roger lionel sparrow with a 49.9% stake. Ultimate Sports Engineering Limited is a mature, small sized company, Pomanda has estimated its turnover at £3m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ultimate Sports Engineering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

7 Strong

2 Regular

3 Weak

Size

annual sales of £3m, make it larger than the average company (£2.3m)

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3.2%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ultimate sports engineering limited. Get real-time insights into ultimate sports engineering limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for ultimate sports engineering limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

ULTIMATE SPORTS ENGINEERING LIMITED group structure

Ultimate Sports Engineering Limited has no subsidiary companies.

Ultimate parent company

ULTIMATE SPORTS ENGINEERING LIMITED

02505885

ULTIMATE SPORTS ENGINEERING LIMITED Shareholders

roger lionel sparrow	49.89%
julie-anne sparrow	49.89%
morgan sparrow	0.05%
esme sparrow	0.05%
imogen sparrow	0.05%
beatrice sparrow	0.05%

Ultimate Sports Engineering Limited currently has 2 directors. The longest serving directors include Mr Roger Sparrow (Apr 1992) and Mrs Julie-Anne Sparrow (Mar 2011).

officer	country	age	start	end	role
Mr Roger Sparrow		63 years	Apr 1992	-	Director
Mrs Julie-Anne Sparrow	England	59 years	Mar 2011	-	Director

EXPORT

Ultimate Sports Engineering Limited's latest turnover from March 2023 is estimated at £3 million and the company has net assets of £3.7 million. According to their latest financial statements, Ultimate Sports Engineering Limited has 34 employees and maintains cash reserves of £601.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	2,997,764	2,794,684	2,583,704	2,436,246	2,575,621	2,133,375	2,159,017	1,562,784	1,760,994	2,382,131	2,011,811	2,172,509	2,077,311	2,068,621
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,978,456	1,851,189	1,724,692	1,674,979	1,696,163	1,364,615	1,347,354	980,232	1,102,930	1,544,343	1,314,907	1,327,520	1,255,747	1,272,285
Gross Profit	1,019,309	943,495	859,012	761,267	879,458	768,760	811,663	582,552	658,064	837,788	696,904	844,990	821,564	796,335
Admin Expenses	1,861,007	-11,726	-510,543	479,183	708,556	779,190	509,889	556,682	873,789	554,073	328,842	166,581	199,636	-63,568
Operating Profit	-841,698	955,221	1,369,555	282,084	170,902	-10,430	301,774	25,870	-215,725	283,715	368,062	678,409	621,928	859,903
Interest Payable	0	8,438	7,625	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	37,568	10,018	963	384	3,001	2,015	899	2,400	2,685	2,557	2,427	2,061	1,576	585
Pre-Tax Profit	-804,130	956,801	1,362,893	282,468	173,904	-8,415	302,674	28,270	-213,040	286,271	370,488	680,470	623,504	860,488
Tax	0	-181,792	-258,950	-53,669	-33,042	0	-60,535	-5,654	0	-65,842	-88,917	-176,922	-174,581	-240,936
Profit After Tax	-804,130	775,009	1,103,943	228,799	140,862	-8,415	242,139	22,616	-213,040	220,429	281,571	503,548	448,923	619,551
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-804,130	775,009	1,103,943	228,799	140,862	-8,415	242,139	22,616	-213,040	220,429	281,571	503,548	448,923	619,551
Employee Costs	1,665,350	1,714,294	1,282,686	1,429,266	1,394,545	1,434,764	1,310,054	679,191	687,720	910,193	827,556	883,868	877,556	859,178
Number Of Employees	34	36	29	32	30	33	30	15	15	20	19	21	22	21
EBITDA*	-803,798	990,861	1,394,579	302,043	195,564	19,838	338,776	59,478	-179,008	314,758	394,421	700,279	663,257	879,767

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	99,433	119,543	93,412	39,329	46,269	46,998	52,655	69,286	68,562	85,103	82,033	81,046	84,911	69,347
Intangible Assets	17,529	20,673	18,293	18,050	22,083	29,235	41,388	42,403	39,044	37,106	23,613	11,866	11,937	31,364
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	116,962	140,216	111,705	57,379	68,352	76,233	94,043	111,689	107,606	122,209	105,646	92,912	96,848	100,711
Stock & work in progress	1,765,155	1,844,544	1,468,955	1,264,665	1,101,056	893,865	801,147	759,088	724,902	909,458	907,993	588,590	469,247	356,600
Trade Debtors	280,663	361,327	441,752	352,692	463,712	296,051	358,795	282,509	272,764	368,141	186,230	383,747	347,710	289,380
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	263,594	22,918	19,209	21,137	4,135	7,898	103,323	0	0	0	0	0	0	0
Cash	601,066	1,166,833	1,504,613	420,656	348,137	452,224	353,908	365,595	594,227	479,835	542,817	427,795	396,682	233,896
misc current assets	1,083,979	1,146,019	588,041	602,687	0	593,241	675,879	576,255	426,255	524,955	473,700	525,000	175,000	124,000
total current assets	3,994,457	4,541,641	4,022,570	2,661,837	2,544,072	2,243,279	2,293,052	1,983,447	2,018,148	2,282,389	2,110,740	1,925,132	1,388,639	1,003,876
total assets	4,111,419	4,681,857	4,134,275	2,719,216	2,612,424	2,319,512	2,387,095	2,095,136	2,125,754	2,404,598	2,216,386	2,018,044	1,485,487	1,104,587
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	37,500	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	257,126	50,488	45,890	25,890	52,182	22,091	22,632	28,924	120,392	186,196	218,413	301,642	272,633	334,393
Group/Directors Accounts	0	0	0	0	0	0	0	17,994	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	148,108	101,654	103,079	61,963	157,678	35,719	94,346	20,240	0	0	0	0	0	0
total current liabilities	405,234	152,142	186,469	87,853	209,860	57,810	116,978	67,158	120,392	186,196	218,413	301,642	272,633	334,393
loans	0	0	212,500	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	6,263
provisions	0	19,400	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	19,400	212,500	0	0	0	0	0	0	0	0	0	0	6,263
total liabilities	405,234	171,542	398,969	87,853	209,860	57,810	116,978	67,158	120,392	186,196	218,413	301,642	272,633	340,656
net assets	3,706,185	4,510,315	3,735,306	2,631,363	2,402,564	2,261,702	2,270,117	2,027,978	2,005,362	2,218,402	1,997,973	1,716,402	1,212,854	763,931
total shareholders funds	3,706,185	4,510,315	3,735,306	2,631,363	2,402,564	2,261,702	2,270,117	2,027,978	2,005,362	2,218,402	1,997,973	1,716,402	1,212,854	763,931

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	-841,698	955,221	1,369,555	282,084	170,902	-10,430	301,774	25,870	-215,725	283,715	368,062	678,409	621,928	859,903
Depreciation	29,041	26,732	14,299	6,940	10,171	12,157	16,631	14,526	19,041	17,930	16,634	15,465	19,887	14,510
Amortisation	8,859	8,908	10,725	13,019	14,491	18,111	20,371	19,082	17,676	13,113	9,725	6,405	21,442	5,354
Tax	0	-181,792	-258,950	-53,669	-33,042	0	-60,535	-5,654	0	-65,842	-88,917	-176,922	-174,581	-240,936
Stock	-79,389	375,589	204,290	163,609	207,191	92,718	42,059	34,186	-184,556	1,465	319,403	119,343	112,647	356,600
Debtors	160,012	-76,716	87,132	-94,018	163,898	-158,169	179,609	9,745	-95,377	181,911	-197,517	36,037	58,330	289,380
Creditors	206,638	4,598	20,000	-26,292	30,091	-541	-6,292	-91,468	-65,804	-32,217	-83,229	29,009	-61,760	334,393
Accruals and Deferred Income	46,454	-1,425	41,116	-95,715	121,959	-58,627	74,106	20,240	0	0	0	0	0	0
Deferred Taxes & Provisions	-19,400	19,400	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-650,729	532,769	905,323	56,776	-56,517	26,121	124,387	-61,335	35,121	33,323	100,389	396,986	255,939	327,244
Investing Activities
capital expenditure	-14,646	-64,151	-79,350	-8,986	-16,781	-12,458	-19,356	-37,691	-22,114	-47,606	-39,093	-17,934	-37,466	-120,575
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-14,646	-64,151	-79,350	-8,986	-16,781	-12,458	-19,356	-37,691	-22,114	-47,606	-39,093	-17,934	-37,466	-120,575
Financing Activities
Bank loans	0	-37,500	37,500	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	-17,994	17,994	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	-212,500	212,500	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	-6,263	6,263
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	144,380
interest	37,568	1,580	-6,662	384	3,001	2,015	899	2,400	2,685	2,557	2,427	2,061	1,576	585
cash flow from financing	37,568	-248,420	243,338	384	3,001	2,015	-17,095	20,394	2,685	2,557	2,427	2,061	-4,687	151,228
cash and cash equivalents
cash	-565,767	-337,780	1,083,957	72,519	-104,087	98,316	-11,687	-228,632	114,392	-62,982	115,022	31,113	162,786	233,896
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-565,767	-337,780	1,083,957	72,519	-104,087	98,316	-11,687	-228,632	114,392	-62,982	115,022	31,113	162,786	233,896

P&L

March 2023

turnover

+7%

operating profit

-841.7k

gross margin

34.1%

+0.72%

turnover

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

Balance Sheet

March 2023

net assets

3.7m

-0.18%

total assets

4.1m

-0.12%

cash

601.1k

-0.48%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

enevate building systems limited

4.5

j p kenny corporation limited

whitescape construct (southern) limited

innova global limited

specific environments limited

3.5

company number

02505885

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

May 1990

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

merrilane limited (September 1990)

incorporated

address

unit 4 bury mill farm bury gate, pulborough, west sussex, RH20 1NN

last accounts submitted

March 2023

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 8 charges/mortgages relating to ultimate sports engineering limited. Currently there are 0 open charges and 8 have been satisfied in the past.

ultimate sports engineering limited Company Information

ultimate sports engineering limited Estimated Valuation

ultimate sports engineering limited Estimated Valuation

ultimate sports engineering limited Estimated Valuation

Ultimate Sports Engineering Limited AI Business Plan

Ultimate Sports Engineering Limited Overview

Ultimate Sports Engineering Limited Health Check

ultimate sports engineering limited Credit Report and Business Information

Ultimate Sports Engineering Limited Competitor Analysis

ultimate sports engineering limited Ownership

ultimate sports engineering limited directors

ULTIMATE SPORTS ENGINEERING LIMITED financials

ultimate sports engineering limited company details

ultimate sports engineering limited Charges & Mortgages

ultimate sports engineering limited Companies House Filings - See Documents