Shearline Precision Engineering Limited

POWER SEARCH PRICING

SOLUTIONS

shearline precision engineering limited Company Information

Live

MatureMidDeclining

Company Number

00976052

Website

www.shearline.co.uk

Registered Address

cambridgeshire business park, angel drove, ely cambridgeshire, CB7 4EX

Industry

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

Manufacture of other fabricated metal products n.e.c.

View All

Telephone

01353668668

Next Accounts Due

37 days late

Group Structure

View All

Directors

David Littlechild32 Years

Jon Littlechild6 Years

View All

Shareholders

shearline holdings ltd 100%

d.h. littlechild 0.1%

shearline precision engineering limited Estimated Valuation

£5.4m

Pomanda estimates the enterprise value of SHEARLINE PRECISION ENGINEERING LIMITED at £5.4m based on Net Assets of £2.6m and 2.07x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Shearline Precision Engineering Limited is a live company located in ely cambridgeshire, CB7 4EX with a Companies House number of 00976052. It operates in the machining sector, SIC Code 25620. Founded in April 1970, it's largest shareholder is shearline holdings ltd with a 100% stake. Shearline Precision Engineering Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.7m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Shearline Precision Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

2 Strong

2 Regular

8 Weak

Size

annual sales of £7.7m, make it smaller than the average company (£10.8m)

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (1.6%)

EXPORT

Shearline Precision Engineering Limited's latest turnover from December 2022 is £7.7 million and the company has net assets of £2.6 million. According to their latest financial statements, Shearline Precision Engineering Limited has 111 employees and maintains cash reserves of £37.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Apr 2012	Apr 2011	Mar 2010
Turnover	7,749,412	7,456,930	6,839,032	8,022,555	6,425,455	7,385,626	6,560,713	5,944,981	4,882,920	5,071,490	5,557,722	5,294,325	5,296,528	4,547,994
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	5,379,622	5,034,204	5,008,447	5,615,447	4,414,986	5,641,025	4,884,206	4,583,274	3,264,937	3,312,100	3,639,187	3,408,477	3,583,877	3,299,113
Gross Profit	2,369,790	2,422,726	1,830,585	2,407,108	2,010,469	1,744,601	1,676,507	1,361,707	1,617,983	1,759,390	1,918,535	1,885,848	1,712,651	1,248,881
Admin Expenses	2,075,654	2,079,619	1,772,554	2,138,314	1,601,473	1,872,569	1,746,565	1,665,782	1,942,359	1,687,224	1,528,657	1,598,641	2,089,740	1,859,485
Operating Profit	294,136	343,107	58,031	268,794	408,996	-127,968	-70,058	-304,075	-324,376	72,166	389,878	287,207	-377,089	-610,604
Interest Payable	58,894	44,102	31,183	40,888	38,570	57,287	56,081	36,916	202,211	131,677	135,942	172,459	133,923	118,465
Interest Receivable	128	30	0	0	0	0	0	0	4	6	0	0	0	1,515
Pre-Tax Profit	235,370	299,035	26,848	227,906	370,426	14,745	823,861	-340,991	377,839	-59,505	253,936	614,748	-511,012	-727,554
Tax	10,228	-106,038	-17,222	-27,570	63	73,514	-7,935	-52,309	19,322	29,186	-74,434	-19,476	66,250	150,378
Profit After Tax	245,598	192,997	9,626	200,336	370,489	88,259	815,926	-393,300	397,161	-30,319	179,502	595,272	-444,762	-577,176
Dividends Paid	0	150,000	117,000	30,000	0	0	0	0	0	0	0	0	0	0
Retained Profit	245,598	42,997	-107,374	170,336	370,489	88,259	815,926	-393,300	397,161	-30,319	179,502	595,272	-444,762	-577,176
Employee Costs	3,938,271	3,656,335	3,629,021	3,882,018	2,893,207	3,639,486	3,268,160	3,035,580	154,950	2,523,334	2,706,761	2,692,831	2,569,739	2,657,080
Number Of Employees	111	113	112	128	127	116	102	95	94	92	96	97	108	100
EBITDA*	629,152	628,896	334,891	570,304	720,235	257,817	303,330	3,672	-29,464	440,657	769,462	678,685	27,904	-183,105

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Apr 2012	Apr 2011	Mar 2010
Tangible Assets	2,594,296	2,060,239	1,616,443	1,520,962	1,576,985	1,850,753	1,781,661	1,424,496	1,384,152	1,458,044	1,640,310	1,827,803	2,017,417	1,682,147
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	550,235	550,235	550,235	550,235	550,235	550,235	550,235	550,235	550,235	550,235	550,235	550,235	550,235	550,235
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	3,626	3,626	3,626	3,626	0	0
Total Fixed Assets	3,144,531	2,610,474	2,166,678	2,071,197	2,127,220	2,400,987	2,331,896	1,974,731	1,938,013	2,011,905	2,194,171	2,381,664	2,567,652	2,232,382
Stock & work in progress	1,818,150	1,272,798	1,065,706	1,395,965	1,525,165	1,422,653	1,355,079	1,384,153	937,815	917,263	1,190,213	1,251,346	1,136,373	1,373,344
Trade Debtors	1,477,274	1,179,247	1,318,296	1,321,161	1,472,841	1,627,791	1,446,696	1,416,028	1,347,984	1,195,198	1,217,488	1,289,377	1,449,136	1,247,208
Group Debtors	168,037	80,137	3,376	3,626	3,626	3,715	3,627	3,626	0	0	0	0	3,626	3,626
Misc Debtors	83,289	92,742	238,472	196,052	192,010	184,359	254,866	269,708	286,071	229,212	305,928	206,686	329,951	205,477
Cash	37,053	367,727	61,381	28,287	33,569	28,376	33,827	12,812	60,080	52,513	12,787	28,810	211	329
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,583,803	2,992,651	2,687,231	2,945,091	3,227,211	3,266,894	3,094,095	3,086,327	2,631,950	2,394,186	2,726,416	2,776,219	2,919,297	2,829,984
total assets	6,728,334	5,603,125	4,853,909	5,016,288	5,354,431	5,667,881	5,425,991	5,061,058	4,569,963	4,406,091	4,920,587	5,157,883	5,486,949	5,062,366
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	73,328	122,798
Bank loan	68,000	56,667	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	401,568	402,281	368,043	477,356	584,777	824,919	698,130	815,490	551,188	442,873	473,278	537,896	620,829	577,885
Group/Directors Accounts	603,681	565,763	610,895	620,810	450,921	523,903	453,718	1,251,936	198,154	375,000	375,000	386,065	0	0
other short term finances	0	0	0	0	0	0	0	0	1,171,512	946,936	1,018,438	974,858	1,111,467	1,012,871
hp & lease commitments	298,504	228,176	230,732	215,515	180,184	168,116	121,565	5,007	11,349	64,792	101,331	136,739	91,164	81,235
other current liabilities	1,392,846	856,786	798,378	821,771	1,386,459	1,717,966	1,803,604	1,871,147	241,239	233,804	368,975	274,233	665,363	571,018
total current liabilities	2,764,599	2,109,673	2,008,048	2,135,452	2,602,341	3,234,904	3,077,017	3,943,580	2,173,442	2,063,405	2,337,022	2,309,791	2,562,151	2,365,807
loans	215,333	283,333	0	0	0	0	0	0	780,956	1,273,520	1,390,102	1,794,658	1,679,072	1,290,237
hp & lease commitments	876,605	573,692	358,469	303,301	359,698	426,814	419,733	12,098	0	11,349	76,141	181,387	198,209	120,798
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	790,218	559,276
provisions	245,365	255,593	149,555	132,324	117,517	101,777	113,114	105,179	52,870	72,192	101,378	35,605	16,129	40,316
total long term liabilities	1,337,303	1,112,618	508,024	435,625	477,215	528,591	532,847	117,277	833,826	1,357,061	1,567,621	2,011,650	2,683,628	2,010,627
total liabilities	4,101,902	3,222,291	2,516,072	2,571,077	3,079,556	3,763,495	3,609,864	4,060,857	3,007,268	3,420,466	3,904,643	4,321,441	5,245,779	4,376,434
net assets	2,626,432	2,380,834	2,337,837	2,445,211	2,274,875	1,904,386	1,816,127	1,000,201	1,562,695	985,625	1,015,944	836,442	241,170	685,932
total shareholders funds	2,626,432	2,380,834	2,337,837	2,445,211	2,274,875	1,904,386	1,816,127	1,000,201	1,562,695	985,625	1,015,944	836,442	241,170	685,932

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Apr 2012	Apr 2011	Mar 2010
Operating Activities
Operating Profit	294,136	343,107	58,031	268,794	408,996	-127,968	-70,058	-304,075	-324,376	72,166	389,878	287,207	-377,089	-610,604
Depreciation	335,016	285,789	276,860	301,510	311,239	385,785	373,388	307,747	294,912	368,491	379,584	391,478	404,993	427,499
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	10,228	-106,038	-17,222	-27,570	63	73,514	-7,935	-52,309	19,322	29,186	-74,434	-19,476	66,250	150,378
Stock	545,352	207,092	-330,259	-129,200	170,086	67,574	-29,074	446,338	20,552	-272,950	-61,133	114,973	-236,971	1,373,344
Debtors	376,474	-208,018	39,305	-147,638	-36,712	110,676	15,827	51,681	209,645	-99,006	27,353	-283,024	326,402	1,456,311
Creditors	-713	34,238	-109,313	-107,421	-113,353	126,789	-117,360	264,302	108,315	-30,405	-64,618	-82,933	42,944	577,885
Accruals and Deferred Income	536,060	58,408	-23,393	-564,688	-417,145	-85,638	-67,543	1,629,908	7,435	-135,171	94,742	-391,130	94,345	571,018
Deferred Taxes & Provisions	-10,228	106,038	17,231	14,807	4,403	-11,337	7,935	52,309	-19,322	-29,186	65,773	19,476	-24,187	40,316
Cash flow from operations	242,673	722,468	493,148	162,270	60,829	182,895	131,674	1,399,863	-143,911	647,037	824,705	372,673	117,825	-1,673,163
Investing Activities
capital expenditure	-869,073	-729,585	-372,341	-245,487	-106,563	-454,877	-730,553	-348,091	-263,011	-186,225	-198,021	-201,864	-740,263	-2,109,646
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	550,235
cash flow from investments	-869,073	-729,585	-372,341	-245,487	-106,563	-454,877	-730,553	-348,091	-263,011	-186,225	-198,021	-201,864	-740,263	-2,659,881
Financing Activities
Bank loans	11,333	56,667	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	37,918	-45,132	-9,915	169,889	-2,797	70,185	-798,218	1,053,782	-176,846	0	-11,065	386,065	0	0
Other Short Term Loans	0	0	0	0	0	0	0	-1,171,512	224,576	-71,502	43,580	-136,609	98,596	1,012,871
Long term loans	-68,000	283,333	0	0	0	0	0	-780,956	-492,564	-116,582	-404,556	115,586	388,835	1,290,237
Hire Purchase and Lease Commitments	373,241	212,667	70,385	-21,066	-1,416	53,632	524,193	5,756	-64,792	-101,331	-140,654	28,753	87,340	202,033
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	-790,218	230,942	559,276
share issue	0	0	0	0	88,259	0	0	-169,194	179,909	0	0	0	0	1,263,108
interest	-58,766	-44,072	-31,183	-40,888	-38,570	-57,287	-56,081	-36,916	-202,207	-131,671	-135,942	-172,459	-133,923	-116,950
cash flow from financing	295,726	463,463	29,287	107,935	45,476	66,530	-330,106	-1,099,040	-531,924	-421,086	-648,637	-568,882	671,790	4,210,575
cash and cash equivalents
cash	-330,674	306,346	33,094	-5,282	-258	-5,451	21,015	-47,268	7,567	39,726	-16,023	28,599	-118	329
overdraft	0	0	0	0	0	0	0	0	0	0	0	-73,328	-49,470	122,798
change in cash	-330,674	306,346	33,094	-5,282	-258	-5,451	21,015	-47,268	7,567	39,726	-16,023	101,927	49,352	-122,469

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for shearline precision engineering limited. Get real-time insights into shearline precision 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 shearline precision engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in CB7 area or any other competitors across 12 key performance metrics.

SHEARLINE PRECISION ENGINEERING LIMITED group structure

Shearline Precision Engineering Limited has 1 subsidiary company.

Ultimate parent company

SHEARLINE HOLDINGS LIMITED

02275157

1 parent

SHEARLINE PRECISION ENGINEERING LIMITED

00976052

1 subsidiary

HYBRID LASER TECH LIMITED

02176508

SHEARLINE PRECISION ENGINEERING LIMITED Shareholders

shearline holdings ltd	99.95%
d.h. littlechild	0.05%

Shearline Precision Engineering Limited currently has 4 directors. The longest serving directors include Mr David Littlechild (Dec 1991) and Mr Jon Littlechild (Sep 2018).

officer	country	age	start	end	role
Mr David Littlechild		75 years	Dec 1991	-	Director
Mr Jon Littlechild	United Kingdom	50 years	Sep 2018	-	Director
Mrs Dawn Wilson		55 years	Mar 2019	-	Director
Mrs Jennie Pinkhart	United Kingdom	40 years	Jun 2024	-	Director

P&L

December 2022

turnover

7.7m

+4%

operating profit

294.1k

-14%

gross margin

30.6%

-5.88%

turnover

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

Balance Sheet

December 2022

net assets

2.6m

+0.1%

total assets

6.7m

+0.2%

cash

37.1k

-0.9%

net assets

Total assets minus all liabilities

Similar Companies

machined fabrications limited

4.5

william a. lewis engineering limited

rotork midland limited

g.r.f. engineering limited

hydrapower dynamics limited

company number

00976052

Type

Private limited with Share Capital

industry

25620 - Machining

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

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

April 1970

ultimate parent company

SHEARLINE HOLDINGS LIMITED

previous names

shearline r & d limited (December 1981)

t.w. wingent (engineering) limited (December 1977)

address

cambridgeshire business park, angel drove, ely cambridgeshire, CB7 4EX

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 13 charges/mortgages relating to shearline precision engineering limited. Currently there are 9 open charges and 4 have been satisfied in the past.

shearline precision engineering limited Company Information

shearline precision engineering limited Estimated Valuation

shearline precision engineering limited Estimated Valuation

shearline precision engineering limited Estimated Valuation

Shearline Precision Engineering Limited Overview

Shearline Precision Engineering Limited Health Check

SHEARLINE PRECISION ENGINEERING LIMITED financials

shearline precision engineering limited Credit Report and Business Information

Shearline Precision Engineering Limited Competitor Analysis

shearline precision engineering limited Ownership

shearline precision engineering limited directors

shearline precision engineering limited company details

shearline precision engineering limited Charges & Mortgages

shearline precision engineering limited Companies House Filings - See Documents