vinters engineering limited Company Information
Company Number
00003543
Website
-Registered Address
rolls royce plc, moor lane, derby, derbyshire, DE24 8BJ
Industry
Other manufacturing n.e.c.
Manufacture of other parts and accessories for motor vehicles
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
vinters ltd 100%
rolls-royce industries ltd 0%
vinters engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VINTERS ENGINEERING LIMITED at £5.1m based on a Turnover of £7.9m and 0.64x industry multiple (adjusted for size and gross margin).
vinters engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VINTERS ENGINEERING LIMITED at £5.3m based on an EBITDA of £1.1m and a 4.94x industry multiple (adjusted for size and gross margin).
vinters engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VINTERS ENGINEERING LIMITED at £38.7m based on Net Assets of £16.6m and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vinters Engineering Limited Overview
Vinters Engineering Limited is a live company located in derby, DE24 8BJ with a Companies House number of 00003543. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in April 1867, it's largest shareholder is vinters ltd with a 100% stake. Vinters Engineering Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.9m with declining growth in recent years.
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Vinters Engineering Limited Health Check
Pomanda's financial health check has awarded Vinters Engineering Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £7.9m, make it smaller than the average company (£20.1m)
£7.9m - Vinters Engineering Limited
£20.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.9%)
-1% - Vinters Engineering Limited
5.9% - Industry AVG
Production
with a gross margin of 32%, this company has a lower cost of product (24.5%)
32% - Vinters Engineering Limited
24.5% - Industry AVG
Profitability
an operating margin of 12.2% make it more profitable than the average company (5.6%)
12.2% - Vinters Engineering Limited
5.6% - Industry AVG
Employees
with 45 employees, this is below the industry average (97)
45 - Vinters Engineering Limited
97 - Industry AVG
Pay Structure
on an average salary of £58.6k, the company has a higher pay structure (£42.7k)
£58.6k - Vinters Engineering Limited
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £175.5k, this is equally as efficient (£191.7k)
£175.5k - Vinters Engineering Limited
£191.7k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (50 days)
15 days - Vinters Engineering Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 161 days, this is slower than average (40 days)
161 days - Vinters Engineering Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 279 days, this is more than average (72 days)
279 days - Vinters Engineering Limited
72 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is average cash available to meet short term requirements (9 weeks)
10 weeks - Vinters Engineering Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.3%, this is a higher level of debt than the average (56.7%)
78.3% - Vinters Engineering Limited
56.7% - Industry AVG
VINTERS ENGINEERING LIMITED financials
Vinters Engineering Limited's latest turnover from December 2023 is £7.9 million and the company has net assets of £16.6 million. According to their latest financial statements, Vinters Engineering Limited has 45 employees and maintains cash reserves of £10.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 7,897,000 | 10,398,000 | 9,022,000 | 8,077,000 | 7,404,000 | 10,000,000 | 8,600,000 | 9,200,000 | 4,900,000 | 9,900,000 | 13,800,000 | 15,700,000 | 12,400,000 | 20,300,000 | 21,200,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 5,373,000 | 5,670,000 | 6,086,000 | 4,942,000 | 5,042,000 | 6,700,000 | 5,800,000 | 5,500,000 | 2,400,000 | 5,400,000 | 10,200,000 | 11,100,000 | 8,700,000 | 12,600,000 | 16,900,000 |
Gross Profit | 2,524,000 | 4,728,000 | 2,936,000 | 3,135,000 | 2,362,000 | 3,300,000 | 2,800,000 | 3,700,000 | 2,500,000 | 4,500,000 | 3,600,000 | 4,600,000 | 3,700,000 | 7,700,000 | 4,300,000 |
Admin Expenses | 1,558,000 | 2,209,000 | 1,079,000 | 1,146,000 | 1,292,000 | -15,900,000 | 7,800,000 | 5,800,000 | -10,000,000 | 8,300,000 | 5,400,000 | 11,400,000 | 8,000,000 | 800,000 | |
Operating Profit | 966,000 | 2,519,000 | 1,857,000 | 1,989,000 | 1,070,000 | 18,700,000 | -4,100,000 | -3,300,000 | 14,500,000 | -4,700,000 | -800,000 | -7,700,000 | -300,000 | 3,500,000 | |
Interest Payable | 0 | 0 | 0 | 170,000 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 428,000 | 92,000 | 24,000 | 6,000 | 22,000 | 0 | 0 | 0 | 100,000 | 0 | 100,000 | 100,000 | 100,000 | 200,000 | 100,000 |
Pre-Tax Profit | 4,466,000 | 7,058,000 | 3,717,000 | -47,000 | 2,768,000 | 3,500,000 | 18,700,000 | -4,100,000 | -3,200,000 | -258,500,000 | -4,600,000 | -500,000 | -7,200,000 | 77,500,000 | 149,400,000 |
Tax | -1,022,000 | -1,362,000 | -368,000 | -49,000 | -520,000 | -900,000 | -2,100,000 | 500,000 | 1,200,000 | -3,100,000 | 1,100,000 | 200,000 | 1,800,000 | 100,000 | -1,100,000 |
Profit After Tax | 3,444,000 | 5,696,000 | 3,349,000 | -96,000 | 2,248,000 | 2,600,000 | 16,600,000 | -3,600,000 | -2,000,000 | -261,600,000 | -3,500,000 | -300,000 | -5,400,000 | 77,600,000 | 148,300,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 3,444,000 | 5,696,000 | 3,349,000 | -96,000 | 2,248,000 | 2,600,000 | 16,600,000 | -3,600,000 | -2,000,000 | -261,600,000 | -3,500,000 | -300,000 | -5,400,000 | 77,600,000 | 148,300,000 |
Employee Costs | 2,635,000 | 2,681,000 | 2,373,000 | 2,413,000 | 2,274,000 | 2,200,000 | 2,000,000 | 1,900,000 | 1,800,000 | 2,000,000 | 3,700,000 | 4,500,000 | 4,300,000 | 4,300,000 | 3,900,000 |
Number Of Employees | 45 | 45 | 45 | 42 | 40 | 40 | 40 | 40 | 40 | 40 | 71 | 93 | 94 | 97 | 92 |
EBITDA* | 1,078,000 | 2,645,000 | 1,987,000 | 2,125,000 | 1,209,000 | 18,900,000 | -3,700,000 | -3,100,000 | 14,800,000 | -4,400,000 | -500,000 | -7,500,000 | 0 | 3,800,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,206,000 | 3,267,000 | 35,604,000 | 35,670,000 | 35,670,000 | 35,500,000 | 35,600,000 | 100,700,000 | 101,300,000 | 4,600,000 | 4,900,000 | 5,200,000 | 5,400,000 | 5,600,000 | 5,900,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 32,245,000 | 32,245,000 | 32,245,000 | 32,245,000 | 32,245,000 | 32,200,000 | 32,200,000 | 96,600,000 | 96,600,000 | 96,900,000 | 369,900,000 | 369,900,000 | 369,900,000 | 369,900,000 | 369,900,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 35,451,000 | 35,512,000 | 35,604,000 | 35,670,000 | 35,670,000 | 35,500,000 | 35,600,000 | 100,700,000 | 101,300,000 | 101,500,000 | 374,800,000 | 375,100,000 | 375,300,000 | 375,500,000 | 375,800,000 |
Stock & work in progress | 4,114,000 | 2,717,000 | 2,082,000 | 2,006,000 | 1,541,000 | 1,600,000 | 2,400,000 | 1,300,000 | 1,200,000 | 600,000 | 700,000 | 3,200,000 | 3,800,000 | 4,400,000 | 4,300,000 |
Trade Debtors | 334,000 | 489,000 | 731,000 | 428,000 | 458,000 | 400,000 | 500,000 | 1,400,000 | 600,000 | 700,000 | 1,200,000 | 3,200,000 | 2,800,000 | 3,300,000 | 8,700,000 |
Group Debtors | 26,421,000 | 31,000,000 | 33,231,000 | 32,188,000 | 31,302,000 | 32,300,000 | 10,800,000 | 11,300,000 | 12,300,000 | 1,000,000 | 2,800,000 | 1,700,000 | 81,200,000 | 83,200,000 | 100,100,000 |
Misc Debtors | 39,000 | 37,000 | 37,000 | 39,000 | 36,000 | 0 | 0 | 100,000 | 100,000 | 0 | 0 | 300,000 | 1,900,000 | 200,000 | 0 |
Cash | 10,126,000 | 8,903,000 | 5,994,000 | 5,767,000 | 5,857,000 | 4,900,000 | 26,800,000 | 21,600,000 | 19,400,000 | 29,000,000 | 25,000,000 | 22,400,000 | 24,500,000 | 25,900,000 | 52,400,000 |
misc current assets | 0 | 0 | 138,000 | 122,000 | 40,000 | 0 | 0 | 2,300,000 | 2,300,000 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 41,034,000 | 43,146,000 | 42,213,000 | 40,550,000 | 39,234,000 | 39,200,000 | 40,500,000 | 38,000,000 | 35,900,000 | 31,300,000 | 29,700,000 | 30,800,000 | 114,200,000 | 117,000,000 | 165,500,000 |
total assets | 76,485,000 | 78,658,000 | 77,817,000 | 76,220,000 | 74,904,000 | 74,700,000 | 76,100,000 | 138,700,000 | 137,200,000 | 132,800,000 | 404,500,000 | 405,900,000 | 489,500,000 | 492,500,000 | 541,300,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,300,000 | 2,500,000 | 600,000 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 2,380,000 | 1,875,000 | 210,000 | 364,000 | 300,000 | 200,000 | 200,000 | 300,000 | 200,000 | 300,000 | 500,000 | 900,000 | 600,000 | 300,000 | 500,000 |
Group/Directors Accounts | 48,312,000 | 50,370,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 123,000,000 | 119,900,000 | 120,100,000 | 120,100,000 | 119,500,000 | 120,600,000 |
other short term finances | 0 | 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 | 0 |
other current liabilities | 1,636,000 | 1,531,000 | 53,710,000 | 53,082,000 | 53,425,000 | 55,000,000 | 56,000,000 | 124,800,000 | 126,500,000 | 2,800,000 | 3,700,000 | 3,500,000 | 6,900,000 | 9,300,000 | 13,600,000 |
total current liabilities | 52,328,000 | 53,776,000 | 53,920,000 | 53,446,000 | 53,725,000 | 55,200,000 | 56,200,000 | 125,100,000 | 126,700,000 | 128,400,000 | 126,600,000 | 125,100,000 | 127,600,000 | 129,100,000 | 134,700,000 |
loans | 0 | 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 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 1,087,000 | 1,770,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 7,525,000 | 11,771,000 | 33,054,000 | 35,360,000 | 30,692,000 | 35,400,000 | 41,400,000 | 62,000,000 | 48,600,000 | 16,200,000 | 28,100,000 | 27,600,000 | 28,500,000 | 24,700,000 | 20,600,000 |
total long term liabilities | 7,525,000 | 11,771,000 | 16,527,000 | 18,767,000 | 17,116,000 | 17,700,000 | 20,700,000 | 31,000,000 | 24,300,000 | 16,200,000 | 28,100,000 | 27,600,000 | 28,500,000 | 24,700,000 | 20,600,000 |
total liabilities | 59,853,000 | 65,547,000 | 70,447,000 | 72,213,000 | 70,841,000 | 72,900,000 | 76,900,000 | 156,100,000 | 151,000,000 | 144,600,000 | 154,700,000 | 152,700,000 | 156,100,000 | 153,800,000 | 155,300,000 |
net assets | 16,632,000 | 13,111,000 | 7,370,000 | 4,007,000 | 4,063,000 | 1,800,000 | -800,000 | -17,400,000 | -13,800,000 | -11,800,000 | 249,800,000 | 253,200,000 | 333,400,000 | 338,700,000 | 386,000,000 |
total shareholders funds | 16,632,000 | 13,111,000 | 7,370,000 | 4,007,000 | 4,063,000 | 1,800,000 | -800,000 | -17,400,000 | -13,800,000 | -11,800,000 | 249,800,000 | 253,200,000 | 333,400,000 | 338,700,000 | 386,000,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 966,000 | 2,519,000 | 1,857,000 | 1,989,000 | 1,070,000 | 18,700,000 | -4,100,000 | -3,300,000 | 14,500,000 | -4,700,000 | -800,000 | -7,700,000 | -300,000 | 3,500,000 | |
Depreciation | 112,000 | 126,000 | 130,000 | 136,000 | 139,000 | 200,000 | 200,000 | 400,000 | 200,000 | 300,000 | 300,000 | 300,000 | 200,000 | 300,000 | 300,000 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -1,022,000 | -1,362,000 | -368,000 | -49,000 | -520,000 | -900,000 | -2,100,000 | 500,000 | 1,200,000 | -3,100,000 | 1,100,000 | 200,000 | 1,800,000 | 100,000 | -1,100,000 |
Stock | 1,397,000 | 635,000 | 76,000 | 465,000 | -59,000 | -800,000 | 1,100,000 | 100,000 | 600,000 | -100,000 | -2,500,000 | -600,000 | -600,000 | 100,000 | 4,300,000 |
Debtors | -4,732,000 | -2,473,000 | 1,344,000 | 859,000 | -904,000 | 21,400,000 | -1,500,000 | -200,000 | 11,300,000 | -2,300,000 | -1,200,000 | -80,700,000 | -800,000 | -22,100,000 | 108,800,000 |
Creditors | 505,000 | 1,665,000 | -154,000 | 64,000 | 100,000 | 0 | -100,000 | 100,000 | -100,000 | -200,000 | -400,000 | 300,000 | 300,000 | -200,000 | 500,000 |
Accruals and Deferred Income | 105,000 | -52,179,000 | 628,000 | -343,000 | -1,575,000 | -1,000,000 | -68,800,000 | -1,700,000 | 123,700,000 | -900,000 | 200,000 | -3,400,000 | -2,400,000 | -4,300,000 | 13,600,000 |
Deferred Taxes & Provisions | -4,246,000 | -21,283,000 | -2,306,000 | 4,668,000 | -4,708,000 | -6,000,000 | -20,600,000 | 13,400,000 | 32,400,000 | -11,900,000 | 500,000 | -900,000 | 3,800,000 | 4,100,000 | 20,600,000 |
Cash flow from operations | -245,000 | -68,676,000 | -1,633,000 | 5,141,000 | -4,531,000 | -72,300,000 | 8,700,000 | 142,200,000 | 1,100,000 | 700,000 | 77,000,000 | -2,600,000 | 21,700,000 | -75,700,000 | |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 45,000 | 0 | -64,400,000 | 0 | -300,000 | -273,000,000 | 0 | 0 | 0 | 0 | 369,900,000 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -2,058,000 | 50,370,000 | 0 | 0 | 0 | 0 | 0 | 0 | -123,000,000 | 3,100,000 | -200,000 | 0 | 600,000 | -1,100,000 | 120,600,000 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 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 | 0 |
other long term liabilities | 0 | 0 | -1,087,000 | -683,000 | 1,770,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 428,000 | 92,000 | 24,000 | -164,000 | -2,000 | 0 | 0 | 0 | 100,000 | 0 | 100,000 | 100,000 | 100,000 | 200,000 | 100,000 |
cash flow from financing | -1,553,000 | 50,507,000 | -1,049,000 | -807,000 | 1,783,000 | 0 | 0 | 0 | -122,900,000 | 3,100,000 | 0 | -79,800,000 | 800,000 | -125,800,000 | 358,400,000 |
cash and cash equivalents | |||||||||||||||
cash | 1,223,000 | 2,909,000 | 227,000 | -90,000 | 957,000 | -21,900,000 | 5,200,000 | 2,200,000 | -9,600,000 | 4,000,000 | 2,600,000 | -2,100,000 | -1,400,000 | -26,500,000 | 52,400,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,300,000 | -200,000 | 1,900,000 | 600,000 | 0 | 0 | 0 |
change in cash | 1,223,000 | 2,909,000 | 227,000 | -90,000 | 957,000 | -21,900,000 | 5,200,000 | 2,200,000 | -7,300,000 | 4,200,000 | 700,000 | -2,700,000 | -1,400,000 | -26,500,000 | 52,400,000 |
vinters engineering limited Credit Report and Business Information
Vinters Engineering Limited Competitor Analysis
Perform a competitor analysis for vinters engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in DE24 area or any other competitors across 12 key performance metrics.
vinters engineering limited Ownership
VINTERS ENGINEERING LIMITED group structure
Vinters Engineering Limited has 15 subsidiary companies.
Ultimate parent company
2 parents
VINTERS ENGINEERING LIMITED
00003543
15 subsidiaries
vinters engineering limited directors
Vinters Engineering Limited currently has 2 directors. The longest serving directors include Ms Tiziana Iacolino (Aug 2020) and Mrs Bryony French (Aug 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Tiziana Iacolino | 47 years | Aug 2020 | - | Director | |
Mrs Bryony French | 49 years | Aug 2020 | - | Director |
P&L
December 2023turnover
7.9m
-24%
operating profit
966k
-62%
gross margin
32%
-29.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
16.6m
+0.27%
total assets
76.5m
-0.03%
cash
10.1m
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
vinters engineering limited company details
company number
00003543
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
29320 - Manufacture of other parts and accessories for motor vehicles
30110 - Building of ships and floating structures
incorporation date
April 1867
age
157
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
vinters engineering plc (December 2012)
vickers engineering plc (March 2003)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
rolls royce plc, moor lane, derby, derbyshire, DE24 8BJ
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
-
vinters 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 1 charges/mortgages relating to vinters engineering limited. Currently there are 1 open charges and 0 have been satisfied in the past.
vinters engineering limited Companies House Filings - See Documents
date | description | view/download |
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