technip uk limited

4.5

technip uk limited Company Information

Share TECHNIP UK LIMITED
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MatureMegaLow

Company Number

00200086

Registered Address

hadrian house wincomblee road, newcastle upon tyne, NE6 3PL

Industry

Support activities for petroleum and natural gas extraction

 

Telephone

02034294732

Next Accounts Due

September 2025

Group Structure

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Directors

Helen Urquhart5 Years

Tomas Bille4 Years

View All

Shareholders

technipfmc international holdings bv 100%

technip uk limited Estimated Valuation

£690.1m

Pomanda estimates the enterprise value of TECHNIP UK LIMITED at £690.1m based on a Turnover of £731.7m and 0.94x industry multiple (adjusted for size and gross margin).

technip uk limited Estimated Valuation

£542.9m

Pomanda estimates the enterprise value of TECHNIP UK LIMITED at £542.9m based on an EBITDA of £136.6m and a 3.98x industry multiple (adjusted for size and gross margin).

technip uk limited Estimated Valuation

£247.5m

Pomanda estimates the enterprise value of TECHNIP UK LIMITED at £247.5m based on Net Assets of £156.2m and 1.58x industry multiple (adjusted for liquidity).

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Technip Uk Limited Overview

Technip Uk Limited is a live company located in newcastle upon tyne, NE6 3PL with a Companies House number of 00200086. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in August 1924, it's largest shareholder is technipfmc international holdings bv with a 100% stake. Technip Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £731.7m with low growth in recent years.

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Technip Uk Limited Health Check

Pomanda's financial health check has awarded Technip Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £731.7m, make it larger than the average company (£18.2m)

£731.7m - Technip Uk Limited

£18.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3%)

2% - Technip Uk Limited

3% - Industry AVG

production

Production

with a gross margin of 10.2%, this company has a higher cost of product (24.7%)

10.2% - Technip Uk Limited

24.7% - Industry AVG

profitability

Profitability

an operating margin of 12.3% make it more profitable than the average company (7%)

12.3% - Technip Uk Limited

7% - Industry AVG

employees

Employees

with 751 employees, this is above the industry average (42)

751 - Technip Uk Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £81.3k, the company has an equivalent pay structure (£71.9k)

£81.3k - Technip Uk Limited

£71.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £974.3k, this is more efficient (£214.8k)

£974.3k - Technip Uk Limited

£214.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is near the average (55 days)

51 days - Technip Uk Limited

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is slower than average (27 days)

37 days - Technip Uk Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is less than average (28 days)

8 days - Technip Uk Limited

28 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)

0 weeks - Technip Uk Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.8%, this is a higher level of debt than the average (55.5%)

85.8% - Technip Uk Limited

55.5% - Industry AVG

TECHNIP UK LIMITED financials

EXPORTms excel logo

Technip Uk Limited's latest turnover from December 2023 is £731.7 million and the company has net assets of £156.2 million. According to their latest financial statements, Technip Uk Limited has 751 employees and maintains cash reserves of £188 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover731,731,000726,018,000526,098,000696,560,000903,352,000790,197,000871,619,0001,356,882,0001,321,545,0001,207,773,0001,067,983,0001,042,049,000932,222,000930,407,000860,418,000
Other Income Or Grants000000000000000
Cost Of Sales656,878,000766,779,000567,821,000639,638,000748,758,000687,376,000732,999,0001,154,247,0001,134,398,0001,058,180,000838,933,000839,588,000769,852,000822,766,000785,375,000
Gross Profit74,853,000-40,761,000-41,723,00056,922,000154,594,000102,821,000138,620,000202,635,000187,147,000149,593,000229,050,000202,461,000162,370,000107,641,00075,043,000
Admin Expenses-15,170,00043,788,00030,859,00064,604,00083,510,000190,534,00030,434,00057,506,00054,612,00050,955,00053,361,000107,414,00050,106,00046,332,00045,092,000
Operating Profit90,023,000-84,549,000-72,582,000-7,682,00071,084,000-87,713,000108,186,000145,129,000132,535,00098,638,000175,689,00095,047,000112,264,00061,309,00029,951,000
Interest Payable24,670,00021,974,0009,475,00013,231,00027,442,0009,561,00033,235,00049,779,00046,336,00036,367,0003,932,0003,692,0004,197,0005,055,00017,468,000
Interest Receivable6,267,0004,121,0001,247,0005,249,0003,864,0006,454,00011,836,00018,752,0003,262,0003,176,0001,598,0001,961,0002,672,0002,243,0001,971,000
Pre-Tax Profit71,620,000-102,228,000-80,810,000-15,664,00047,506,000-98,327,00086,787,000120,102,00089,461,00065,447,000188,240,00083,140,000106,667,00048,178,00015,554,000
Tax-29,779,0001,578,000-12,490,000-5,151,000-10,047,00019,393,000-43,071,000-37,740,000-17,148,000-9,279,000-41,685,000-14,921,000-19,054,000-13,311,000-7,903,000
Profit After Tax41,841,000-100,650,000-93,300,000-20,815,00037,459,000-78,934,00043,716,00082,362,00072,313,00056,168,000146,555,00068,219,00087,613,00034,867,0007,651,000
Dividends Paid00000026,000,00020,000,00020,000,00040,000,00053,344,00030,000,00013,275,00020,000,00020,000,000
Retained Profit41,841,000-100,650,000-93,300,000-20,815,00037,459,000-78,934,00017,716,00062,362,00052,313,00016,168,00093,211,00038,219,00074,338,00014,867,000-12,349,000
Employee Costs61,024,00056,959,00054,161,00062,068,00058,038,00055,518,00056,374,00068,565,00078,187,00076,312,00067,436,00054,890,00045,824,00040,485,00038,075,000
Number Of Employees7517087007627417277488991,0221,012908759670645646
EBITDA*136,552,000-37,669,000-24,127,00042,059,000124,017,000-30,952,000168,299,000207,792,000201,021,000162,558,000218,180,000132,270,000139,624,00095,459,00062,190,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets404,659,000433,501,000555,298,000622,424,000666,038,000558,724,000720,251,000782,939,000711,097,000731,471,000700,539,000345,520,000279,458,000252,930,000230,109,000
Intangible Assets95,531,000107,324,0000000000000000
Investments & Other6,533,0006,533,0004,494,0004,506,0004,506,0004,506,0007,066,0001,252,00022,00022,00022,00022,00022,000855,000855,000
Debtors (Due After 1 year)0020,268,0000000268,427,0000000000
Total Fixed Assets506,723,000547,358,000580,060,000626,930,000670,544,000563,230,000727,317,0001,052,618,000711,119,000731,493,000700,561,000345,542,000279,480,000253,785,000230,964,000
Stock & work in progress15,097,00016,530,00011,713,0009,164,0008,963,0009,068,0007,827,0007,338,0007,341,0008,417,0009,004,0006,873,0007,689,0006,256,0005,904,000
Trade Debtors103,076,000123,365,00068,281,00032,775,00098,786,000115,113,00058,891,00083,297,00010,005,00036,365,000112,397,000119,644,000135,662,000140,471,000114,193,000
Group Debtors459,136,000240,196,000146,895,000280,067,000270,245,000340,977,000417,726,0000298,892,000191,456,000174,593,000187,022,000234,849,000196,430,000198,798,000
Misc Debtors19,249,00062,033,00017,065,00027,637,000130,939,00066,026,00065,360,000168,363,000198,767,000157,448,00095,300,00066,143,00064,285,00041,431,00061,942,000
Cash188,0006,214,00019,202,000451,000599,000515,000811,00022,665,0009,506,00014,815,00013,012,0007,339,00054,501,00020,571,00079,918,000
misc current assets000000000000000
total current assets596,746,000448,338,000263,156,000350,094,000509,532,000531,699,000550,615,000281,663,000524,511,000408,501,000404,306,000387,021,000496,986,000405,159,000460,755,000
total assets1,103,469,000995,696,000843,216,000977,024,0001,180,076,0001,094,929,0001,277,932,0001,334,281,0001,235,630,0001,139,994,0001,104,867,000732,563,000776,466,000658,944,000691,719,000
Bank overdraft000000000000000
Bank loan13,353,00013,383,00013,394,00013,555,00013,408,00013,667,00013,381,00013,245,0000000000
Trade Creditors 67,551,00056,151,00054,763,00019,048,00023,555,0008,692,0008,973,00012,620,00021,546,00010,940,00040,580,00031,148,00029,061,00020,489,00023,664,000
Group/Directors Accounts407,117,000368,780,000124,326,000103,598,000144,341,000248,110,000167,891,000122,110,000169,255,000186,415,000180,043,00072,841,000115,565,00018,593,00043,658,000
other short term finances1,850,0003,922,0000000000000000
hp & lease commitments33,090,00040,613,00024,216,00032,312,00051,047,00000000019,403,00019,403,00018,635,00018,206,000
other current liabilities274,584,000128,100,000113,155,000150,907,000229,017,000201,592,000282,845,000377,462,000477,320,000370,786,000322,737,000323,608,000304,794,000341,074,000354,746,000
total current liabilities797,545,000610,949,000329,854,000319,420,000461,368,000472,061,000473,090,000525,437,000668,121,000568,141,000543,360,000447,000,000468,823,000398,791,000440,274,000
loans54,230,000111,720,000124,858,000159,730,000195,465,000230,768,000244,101,000281,498,000160,000,000184,000,000208,000,0000000
hp & lease commitments71,363,00077,973,00079,625,000106,547,000106,534,0000000006,546,00026,254,00047,049,00067,771,000
Accruals and Deferred Income000000000000000
other liabilities0047,149,0000159,0003,369,000015,274,0006,294,00025,827,00000000
provisions24,086,00031,993,000034,057,00041,860,00056,630,00097,699,00099,392,00053,421,00056,501,00057,787,00076,076,000132,064,000137,834,000132,695,000
total long term liabilities149,679,000221,686,000251,632,000300,334,000344,018,000290,767,000341,800,000402,945,000223,323,000272,030,000265,787,00082,622,000158,318,000184,883,000200,466,000
total liabilities947,224,000832,635,000581,486,000619,754,000805,386,000762,828,000814,890,000928,382,000891,444,000840,171,000809,147,000529,622,000627,141,000583,674,000640,740,000
net assets156,245,000163,061,000261,730,000357,270,000374,690,000332,101,000463,042,000405,899,000344,186,000299,823,000295,720,000202,941,000149,325,00075,270,00050,979,000
total shareholders funds156,245,000163,061,000261,730,000357,270,000374,690,000332,101,000463,042,000405,899,000344,186,000299,823,000295,720,000202,941,000149,325,00075,270,00050,979,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit90,023,000-84,549,000-72,582,000-7,682,00071,084,000-87,713,000108,186,000145,129,000132,535,00098,638,000175,689,00095,047,000112,264,00061,309,00029,951,000
Depreciation46,529,00046,880,00048,455,00049,741,00052,933,00056,761,00060,113,00062,663,00068,486,00063,920,00042,491,00037,223,00027,360,00034,150,00032,239,000
Amortisation000000000000000
Tax-29,779,0001,578,000-12,490,000-5,151,000-10,047,00019,393,000-43,071,000-37,740,000-17,148,000-9,279,000-41,685,000-14,921,000-19,054,000-13,311,000-7,903,000
Stock-1,433,0004,817,0002,549,000201,000-105,0001,241,000489,000-3,000-1,076,000-587,0002,131,000-816,0001,433,000352,0005,904,000
Debtors155,867,000173,085,000-87,970,000-159,491,000-22,146,000-19,861,00021,890,00012,423,000122,395,0002,979,0009,481,000-61,987,00056,464,0003,399,000374,933,000
Creditors11,400,0001,388,00035,715,000-4,507,00014,863,000-281,000-3,647,000-8,926,00010,606,000-29,640,0009,432,0002,087,0008,572,000-3,175,00023,664,000
Accruals and Deferred Income146,484,00014,945,000-37,752,000-78,110,00027,425,000-81,253,000-94,617,000-99,858,000106,534,00048,049,000-871,00018,814,000-36,280,000-13,672,000354,746,000
Deferred Taxes & Provisions-7,907,00031,993,000-34,057,000-7,803,000-14,770,000-41,069,000-1,693,00045,971,000-3,080,000-1,286,000-18,289,000-55,988,000-5,770,0005,139,000132,695,000
Cash flow from operations102,316,000-165,667,00012,710,000105,778,000163,739,000-115,542,0002,892,00094,819,000176,614,000168,010,000155,155,000145,065,00029,195,00066,689,000184,555,000
Investing Activities
capital expenditure-5,894,000-32,407,00018,671,000-6,127,000-160,247,000104,766,0002,575,000-134,505,000-48,112,000-94,852,000-397,510,000-103,285,000-53,888,000-56,971,000-262,348,000
Change in Investments02,039,000-12,00000-2,560,0005,814,0001,230,0000000-833,0000855,000
cash flow from investments-5,894,000-34,446,00018,683,000-6,127,000-160,247,000107,326,000-3,239,000-135,735,000-48,112,000-94,852,000-397,510,000-103,285,000-53,055,000-56,971,000-263,203,000
Financing Activities
Bank loans-30,000-11,000-161,000147,000-259,000286,000136,00013,245,0000000000
Group/Directors Accounts38,337,000244,454,00020,728,000-40,743,000-103,769,00080,219,00045,781,000-47,145,000-17,160,0006,372,000107,202,000-42,724,00096,972,000-25,065,00043,658,000
Other Short Term Loans -2,072,0003,922,0000000000000000
Long term loans-57,490,000-13,138,000-34,872,000-35,735,000-35,303,000-13,333,000-37,397,000121,498,000-24,000,000-24,000,000208,000,0000000
Hire Purchase and Lease Commitments-14,133,00014,745,000-35,018,000-18,722,000157,581,00000000-25,949,000-19,708,000-20,027,000-20,293,00085,977,000
other long term liabilities0-47,149,00047,149,000-159,000-3,210,0003,369,000-15,274,0008,980,000-19,533,00025,827,00000000
share issue-48,657,0001,981,000-2,240,0003,395,0005,130,000-52,007,00039,427,000-649,000-7,950,000-12,065,000-432,00015,397,000-283,0009,424,00063,328,000
interest-18,403,000-17,853,000-8,228,000-7,982,000-23,578,000-3,107,000-21,399,000-31,027,000-43,074,000-33,191,000-2,334,000-1,731,000-1,525,000-2,812,000-15,497,000
cash flow from financing-102,448,000186,951,000-12,642,000-99,799,000-3,408,00015,427,00011,274,00064,902,000-111,717,000-37,057,000286,487,000-48,766,00075,137,000-38,746,000177,466,000
cash and cash equivalents
cash-6,026,000-12,988,00018,751,000-148,00084,000-296,000-21,854,00013,159,000-5,309,0001,803,0005,673,000-47,162,00033,930,000-59,347,00079,918,000
overdraft000000000000000
change in cash-6,026,000-12,988,00018,751,000-148,00084,000-296,000-21,854,00013,159,000-5,309,0001,803,0005,673,000-47,162,00033,930,000-59,347,00079,918,000

technip uk 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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Technip Uk Limited Competitor Analysis

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Perform a competitor analysis for technip uk limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mega companies, companies in NE6 area or any other competitors across 12 key performance metrics.

technip uk limited Ownership

TECHNIP UK LIMITED group structure

Technip Uk Limited has 5 subsidiary companies.

TECHNIP UK LIMITED Shareholders

technipfmc international holdings bv 100%

technip uk limited directors

Technip Uk Limited currently has 3 directors. The longest serving directors include Mrs Helen Urquhart (Dec 2018) and Mr Tomas Bille (Jan 2020).

officercountryagestartendrole
Mrs Helen UrquhartUnited Kingdom57 years Dec 2018- Director
Mr Tomas Bille52 years Jan 2020- Director
Mr Alexander BertramUnited Kingdom41 years Apr 2022- Director

P&L

December 2023

turnover

731.7m

+1%

operating profit

90m

-206%

gross margin

10.3%

-282.21%

turnover

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

Balance Sheet

December 2023

net assets

156.2m

-0.04%

total assets

1.1b

+0.11%

cash

188k

-0.97%

net assets

Total assets minus all liabilities

technip uk limited company details

company number

00200086

Type

Private limited with Share Capital

industry

09100 - Support activities for petroleum and natural gas extraction

incorporation date

August 1924

age

100

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

technip offshore uk limited (September 2006)

coflexip stena offshore limited (November 2002)

See more

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

hadrian house wincomblee road, newcastle upon tyne, NE6 3PL

Bank

BARCLAYS BANK PLC

Legal Advisor

-

technip uk 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 114 charges/mortgages relating to technip uk limited. Currently there are 26 open charges and 88 have been satisfied in the past.

charges

technip uk limited Companies House Filings - See Documents

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