Ultimeteor Ltd

POWER SEARCH PRICING

SOLUTIONS

ultimeteor ltd Company Information

Company Number

00896408

Next Accounts

70 days late

Directors

Angus Robertson-Young

Sandra Robertson-Young

Shareholders

angus robertson-young

angus paul mikki robertson-young

View All

Group Structure

View All

Industry

Treatment and coating of metals

Registered Address

gardwell malthouse lane, gorleston, great yarmouth, NR31 0GW

Website

www.gardwellcoatings.co.uk

ultimeteor ltd Estimated Valuation

£755.3k

Pomanda estimates the enterprise value of ULTIMETEOR LTD at £755.3k based on a Turnover of £1.4m and 0.54x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Ultimeteor Ltd is a live company located in great yarmouth, NR31 0GW with a Companies House number of 00896408. It operates in the treatment and coating of metals sector, SIC Code 25610. Founded in January 1967, it's largest shareholder is angus robertson-young with a 100% stake. Ultimeteor Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ultimeteor Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

3 Regular

5 Weak

Size

annual sales of £1.4m, make it smaller than the average company (£8.4m)

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (0.3%)

EXPORT

Ultimeteor Ltd's latest turnover from April 2023 is estimated at £1.4 million and the company has net assets of £164.4 thousand. According to their latest financial statements, Ultimeteor Ltd has 1 employee and maintains cash reserves of £3.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	1,389,356	456,454	365,570	891,426	446,961	420,646	1,754,006	2,522,660	2,305,968	3,939,247	1,294,257	2,036,657	1,802,617	765,019
Other Income Or Grants
Cost Of Sales	912,908	305,418	247,520	590,670	291,573	277,478	1,114,885	1,668,783	1,467,253	2,594,562	794,047	1,343,870	1,166,142	449,685
Gross Profit	476,448	151,036	118,050	300,756	155,388	143,168	639,121	853,877	838,716	1,344,685	500,210	692,787	636,475	315,334
Admin Expenses	359,129	139,493	191,502	185,933	134,043	262,925	668,579	927,712	927,581	1,318,168	430,980	582,929	394,823	296,322
Operating Profit	117,319	11,543	-73,452	114,823	21,345	-119,757	-29,458	-73,835	-88,865	26,517	69,230	109,858	241,652	19,012
Interest Payable	9,928	15,790	20,199	21,484	21,347	12,878	2,500	20,576	20,576		11,601			2,806
Interest Receivable	268	64	8	4	3	8	21	54	287	268	37	264	63	3
Pre-Tax Profit	107,659	-4,183	-93,643	93,343		-132,627	-31,937	-94,357	-109,154	26,785	57,666	110,122	241,715	16,209
Tax	-26,915			-17,735						-5,625	-11,390	-26,429	-62,846
Profit After Tax	80,744	-4,183	-93,643	75,608		-132,627	-31,937	-94,357	-109,154	21,160	46,276	83,693	178,869	16,209
Dividends Paid											40,000
Retained Profit	80,744	-4,183	-93,643	75,608		-132,627	-31,937	-94,357	-109,154	21,160	6,276	83,693	178,869	16,209
Employee Costs	38,769	36,354	322,671	351,202	233,981	229,383	423,112	408,969	810,577	1,373,515	445,546	757,029	714,144	310,056
Number Of Employees	1	1	9	10	7	7	13	13	25	43	14	25	24	11
EBITDA*	127,164	30,887	-73,452	141,875	1,198,931	-83,954	-29,458	-73,835	35,702	143,919	124,823	181,182	297,348	64,622

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	62,270	395,610	451,501	456,726	476,133	476,133	488,205	511,350	579,669	287,247	285,728	311,658	302,521	220,136
Intangible Assets
Investments & Other								10,000	10,000
Debtors (Due After 1 year)
Total Fixed Assets	62,270	395,610	451,501	456,726	476,133	476,133	488,205	521,350	589,669	287,247	285,728	311,658	302,521	220,136
Stock & work in progress							101,658	218,179	373,854	241,766	328,175	116,242	74,175	98,191
Trade Debtors	426,901	162,219	5,143	221,445	69,361	69,361	401,249	574,350	383,674	858,906	473,486	443,194	426,745	112,052
Group Debtors
Misc Debtors		72,508	150,557	150,557	151,278	151,278			288,208
Cash	3,293	9,301	7,749	7,530	347	347	2,906	14,124	7,587	107,058	4	80,688	25,069	3
misc current assets														4,735
total current assets	430,194	244,028	163,449	379,532	220,986	220,986	505,813	806,653	1,053,323	1,207,730	801,665	640,124	525,989	214,981
total assets	492,464	639,638	614,950	836,258	697,119	697,119	994,018	1,328,003	1,642,992	1,494,977	1,087,393	951,782	828,510	435,117
Bank overdraft				33,969					267,722
Bank loan		32,937
Trade Creditors	303,292	18,413	74,190	169	34,701	34,701	464,746	613,441	488,843	954,224	614,604	485,269	445,690	231,166
Group/Directors Accounts				54,859
other short term finances
hp & lease commitments				12,864	21,208	21,208
other current liabilities		310,142	129,548	245,057	268,251	268,251			71,013
total current liabilities	303,292	361,492	203,738	346,918	324,160	324,160	464,746	613,441	827,578	954,224	614,604	485,269	445,690	231,166
loans		160,785	274,129	354,164	316,255	316,255	80,000		365,387
hp & lease commitments				8,919	10,827	10,827
Accruals and Deferred Income
other liabilities	12,937		88,919				270,768	504,121	145,232	80,000	80,000	80,000	80,000	80,000
provisions	11,832	13,702	20,322	4,772						46,804
total long term liabilities	24,769	174,487	383,370	367,855	327,082	327,082	350,768	504,121	510,619	126,804	80,000	80,000	80,000	80,000
total liabilities	328,061	535,979	587,108	714,773	651,242	651,242	815,514	1,117,562	1,338,197	1,081,028	694,604	565,269	525,690	311,166
net assets	164,403	103,659	27,842	121,485	45,877	45,877	178,504	210,441	304,795	413,949	392,789	386,513	302,820	123,951
total shareholders funds	164,403	103,659	27,842	121,485	45,877	45,877	178,504	210,441	304,795	413,949	392,789	386,513	302,820	123,951

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	117,319	11,543	-73,452	114,823	21,345	-119,757	-29,458	-73,835	-88,865	26,517	69,230	109,858	241,652	19,012
Depreciation	9,845	19,344		27,052	1,177,586	35,803			124,567	117,402	55,593	71,324	55,696	45,610
Amortisation
Tax	-26,915			-17,735						-5,625	-11,390	-26,429	-62,846
Stock						-101,658	-116,521	-155,675	132,088	-86,409	211,933	42,067	-24,016	98,191
Debtors	192,174	79,027	-216,302	151,363		-180,610	-173,101	-97,532	-187,024	385,420	30,292	16,449	314,693	112,052
Creditors	284,879	-55,777	74,021	-34,532		-430,045	-148,695	124,598	-465,381	339,620	129,335	39,579	214,524	231,166
Accruals and Deferred Income	-310,142	180,594	-115,509	-23,194		268,251		-71,013	71,013
Deferred Taxes & Provisions	-1,870	-6,620	15,550	4,772					-46,804	46,804
Cash flow from operations	-119,058	70,057	116,912	-80,177	1,198,931	36,520	111,469	232,957	-350,534	225,707	543	135,816	158,349	85,545
Investing Activities
capital expenditure	323,495	36,547	5,225	-7,645	-1,177,586	-23,731	23,145	68,319	-416,989	-118,921	-29,663	-80,461	-138,081	-265,746
Change in Investments							-10,000		10,000
cash flow from investments	323,495	36,547	5,225	-7,645	-1,177,586	-23,731	33,145	68,319	-426,989	-118,921	-29,663	-80,461	-138,081	-265,746
Financing Activities
Bank loans	-32,937	32,937
Group/Directors Accounts			-54,859	54,859
Other Short Term Loans
Long term loans	-160,785	-113,344	-80,035	37,909		236,255	80,000	-365,387	365,387
Hire Purchase and Lease Commitments			-21,783	-10,252		32,035
other long term liabilities	12,937	-88,919	88,919			-270,768	-233,353	358,889	65,232					80,000
share issue	-20,000	80,000						3						107,742
interest	-9,660	-15,726	-20,191	-21,480	-21,344	-12,870	-2,479	-20,522	-20,289	268	-11,564	264	63	-2,803
cash flow from financing	-210,445	-105,052	-87,949	61,036	-21,344	-15,348	-155,832	-27,017	410,330	268	-11,564	264	63	184,939
cash and cash equivalents
cash	-6,008	1,552	219	7,183		-2,559	-11,218	6,537	-99,471	107,054	-80,684	55,619	25,066	3
overdraft			-33,969	33,969				-267,722	267,722
change in cash	-6,008	1,552	34,188	-26,786		-2,559	-11,218	274,259	-367,193	107,054	-80,684	55,619	25,066	3

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ultimeteor ltd. Get real-time insights into ultimeteor ltd'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 ultimeteor ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NR31 area or any other competitors across 12 key performance metrics.

ULTIMETEOR LTD group structure

Ultimeteor Ltd has no subsidiary companies.

Ultimate parent company

ULTIMETEOR LTD

00896408

ULTIMETEOR LTD Shareholders

angus robertson-young	100%
angus paul mikki robertson-young	0%
sandra robertson-young	0%
adam robertson-young	0%

Ultimeteor Ltd currently has 2 directors. The longest serving directors include Mr Angus Robertson-Young (Mar 2008) and Miss Sandra Robertson-Young (Sep 2011).

officer	country	age	start	end	role
Mr Angus Robertson-Young	England	54 years	Mar 2008	-	Director
Miss Sandra Robertson-Young	England	44 years	Sep 2011	-	Director

P&L

April 2023

turnover

1.4m

+204%

operating profit

117.3k

gross margin

34.3%

+3.64%

turnover

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

Balance Sheet

April 2023

net assets

164.4k

+0.59%

total assets

492.5k

-0.23%

cash

3.3k

-0.65%

net assets

Total assets minus all liabilities

Similar Companies

spraytech (stove enamellers) limited

3.5

collins chemical blacking limited

jackson & keay limited

4.5

metro engineering and plating works limited

4.5

fluorocarbon surface technologies ltd

company number

00896408

Type

Private limited with Share Capital

industry

25610 - Treatment and coating of metals

incorporation date

January 1967

ultimate parent company

None

previous names

gardwell coatings limited (April 2023)

east anglian grit blasting company limited (February 1994)

address

gardwell malthouse lane, gorleston, great yarmouth, NR31 0GW

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 ultimeteor ltd. Currently there are 4 open charges and 4 have been satisfied in the past.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for ULTIMETEOR LTD. This can take several minutes, an email will notify you when this has completed.

ultimeteor ltd Company Information

ultimeteor ltd Estimated Valuation

ultimeteor ltd Estimated Valuation

ultimeteor ltd Estimated Valuation

Ultimeteor Ltd Overview

Ultimeteor Ltd Health Check

ULTIMETEOR LTD financials

ultimeteor ltd Credit Report and Business Information

Ultimeteor Ltd Competitor Analysis

ultimeteor ltd Ownership

ultimeteor ltd directors

ultimeteor ltd company details

ultimeteor ltd Charges & Mortgages

ultimeteor ltd Capital Raised & Share Issues BETA

ultimeteor ltd Companies House Filings - See Documents