auk realisations limited
auk realisations limited Company Information
Company Number
01004276
Next Accounts
921 days late
Shareholders
aim altitude limited
Group Structure
View All
Industry
Manufacture of air and spacecraft and related machinery
Registered Address
11th floor landmark, st peters square, manchester, M1 4PB
Website
www.aim-altitude.comauk realisations limited Estimated Valuation
Pomanda estimates the enterprise value of AUK REALISATIONS LIMITED at £84.4m based on a Turnover of £56.9m and 1.48x industry multiple (adjusted for size and gross margin).
auk realisations limited Estimated Valuation
Pomanda estimates the enterprise value of AUK REALISATIONS LIMITED at £0 based on an EBITDA of £-43.5m and a 10.23x industry multiple (adjusted for size and gross margin).
auk realisations limited Estimated Valuation
Pomanda estimates the enterprise value of AUK REALISATIONS LIMITED at £0 based on Net Assets of £-15.3m and 2.87x industry multiple (adjusted for liquidity).
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Auk Realisations Limited Overview
Auk Realisations Limited is a live company located in manchester, M1 4PB with a Companies House number of 01004276. It operates in the manufacture of air and spacecraft and related machinery sector, SIC Code 30300. Founded in March 1971, it's largest shareholder is aim altitude limited with a 100% stake. Auk Realisations Limited is a mature, large sized company, Pomanda has estimated its turnover at £56.9m with declining growth in recent years.
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Auk Realisations Limited Health Check
Pomanda's financial health check has awarded Auk Realisations Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £56.9m, make it larger than the average company (£7.5m)
£56.9m - Auk Realisations Limited
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.2%)
-2% - Auk Realisations Limited
3.2% - Industry AVG
Production
with a gross margin of 28.2%, this company has a comparable cost of product (28.2%)
28.2% - Auk Realisations Limited
28.2% - Industry AVG
Profitability
an operating margin of -80.5% make it less profitable than the average company (11.3%)
-80.5% - Auk Realisations Limited
11.3% - Industry AVG
Employees
with 581 employees, this is above the industry average (115)
581 - Auk Realisations Limited
115 - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£44.8k)
£39.2k - Auk Realisations Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £97.9k, this is less efficient (£167.9k)
£97.9k - Auk Realisations Limited
£167.9k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (52 days)
155 days - Auk Realisations Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (35 days)
94 days - Auk Realisations Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 164 days, this is more than average (87 days)
164 days - Auk Realisations Limited
87 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (5 weeks)
2 weeks - Auk Realisations Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.7%, this is a higher level of debt than the average (94.9%)
120.7% - Auk Realisations Limited
94.9% - Industry AVG
AUK REALISATIONS LIMITED financials
Auk Realisations Limited's latest turnover from December 2020 is £56.9 million and the company has net assets of -£15.3 million. According to their latest financial statements, Auk Realisations Limited has 581 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 56,873,000 | 96,848,000 | 72,168,000 | 60,112,000 | 58,903,000 | 37,848,000 | 60,501,000 | 48,430,000 | 47,284,000 | 39,471,000 | 30,987,000 | 26,823,000 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 42,652,000 | 27,390,000 | 40,413,000 | 30,774,000 | 30,217,000 | 24,263,000 | 19,291,000 | 16,234,000 | ||||
| Gross Profit | 16,251,000 | 10,458,000 | 20,088,000 | 17,656,000 | 17,067,000 | 15,208,000 | 11,696,000 | 10,589,000 | ||||
| Admin Expenses | 8,361,000 | 5,257,000 | 6,601,000 | 5,172,000 | 6,077,000 | 5,962,000 | 6,082,000 | 5,785,000 | ||||
| Operating Profit | -45,786,000 | 110,000 | 3,644,000 | 2,149,000 | 7,890,000 | 5,201,000 | 13,487,000 | 12,484,000 | 10,990,000 | 9,246,000 | 5,614,000 | 4,804,000 |
| Interest Payable | 977,000 | 971,000 | 15,000 | |||||||||
| Interest Receivable | 90,000 | 99,000 | 15,000 | |||||||||
| Pre-Tax Profit | -45,233,000 | -762,000 | 3,659,000 | 2,149,000 | 7,890,000 | 5,201,000 | 13,487,000 | 12,484,000 | 10,990,000 | 9,246,000 | 5,599,000 | 4,804,000 |
| Tax | 245,000 | -41,000 | 208,000 | -299,000 | 27,000 | 88,000 | -978,000 | -1,846,000 | -1,924,000 | -1,697,000 | -740,000 | -1,111,000 |
| Profit After Tax | -44,988,000 | -803,000 | 3,867,000 | 1,850,000 | 7,917,000 | 5,289,000 | 12,509,000 | 10,638,000 | 9,066,000 | 7,549,000 | 4,859,000 | 3,693,000 |
| Dividends Paid | 8,939,000 | 5,289,000 | 13,325,000 | 10,638,000 | 9,066,000 | 7,549,000 | 11,677,000 | |||||
| Retained Profit | -44,988,000 | -803,000 | 3,867,000 | 1,850,000 | -1,022,000 | -816,000 | -6,818,000 | 3,693,000 | ||||
| Employee Costs | 22,777,000 | 25,097,000 | 18,890,000 | 13,515,000 | 12,143,000 | 8,770,000 | 12,218,000 | 11,483,000 | 11,321,000 | 10,340,000 | 8,435,000 | 7,952,000 |
| Number Of Employees | 581 | 607 | 461 | 332 | 316 | 351 | 328 | 325 | 331 | 300 | 270 | 270 |
| EBITDA* | -43,456,000 | 2,146,000 | 4,421,000 | 2,704,000 | 8,174,000 | 5,321,000 | 13,762,000 | 12,782,000 | 11,334,000 | 9,574,000 | 5,959,000 | 5,155,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,156,000 | 25,828,000 | 12,120,000 | 10,222,000 | 6,307,000 | 2,060,000 | 1,768,000 | 1,594,000 | 2,220,000 | 2,361,000 | 2,209,000 | 2,351,000 |
| Intangible Assets | 233,000 | 338,000 | 207,000 | 204,000 | 198,000 | 56,000 | 71,000 | |||||
| Investments & Other | 3,800,000 | 3,800,000 | ||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 24,389,000 | 26,166,000 | 12,327,000 | 10,426,000 | 10,305,000 | 2,116,000 | 1,839,000 | 1,594,000 | 2,220,000 | 2,361,000 | 2,209,000 | 2,351,000 |
| Stock & work in progress | 18,362,000 | 24,274,000 | 22,940,000 | 15,774,000 | 16,596,000 | 13,592,000 | 13,772,000 | 12,515,000 | 9,926,000 | 9,761,000 | 6,737,000 | 7,334,000 |
| Trade Debtors | 24,207,000 | 35,346,000 | 22,252,000 | 13,478,000 | 7,890,000 | 7,965,000 | 11,592,000 | 9,992,000 | 6,809,000 | 8,727,000 | 5,165,000 | 4,556,000 |
| Group Debtors | 713,000 | 676,000 | 1,991,000 | 1,956,000 | 2,973,000 | 12,953,000 | 4,617,000 | 4,923,000 | 58,000 | 1,000 | 5,769,000 | |
| Misc Debtors | 2,472,000 | 2,973,000 | 6,883,000 | 4,926,000 | 2,245,000 | 1,273,000 | 1,542,000 | 3,270,000 | 3,134,000 | 1,511,000 | 475,000 | 1,067,000 |
| Cash | 3,928,000 | 2,580,000 | 3,771,000 | 2,256,000 | 337,000 | 251,000 | 1,307,000 | 231,000 | 240,000 | 131,000 | 1,601,000 | 694,000 |
| misc current assets | ||||||||||||
| total current assets | 49,682,000 | 66,004,000 | 57,837,000 | 38,390,000 | 30,041,000 | 36,034,000 | 32,830,000 | 30,931,000 | 20,167,000 | 20,131,000 | 13,978,000 | 19,420,000 |
| total assets | 74,071,000 | 92,170,000 | 70,164,000 | 48,816,000 | 40,346,000 | 38,150,000 | 34,669,000 | 32,525,000 | 22,387,000 | 22,492,000 | 16,187,000 | 21,771,000 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 10,530,000 | 10,047,000 | 6,543,000 | 3,359,000 | 4,892,000 | 3,039,000 | 3,077,000 | 23,988,000 | 4,369,000 | 4,969,000 | 2,374,000 | 2,387,000 |
| Group/Directors Accounts | 7,492,000 | 25,029,000 | 20,105,000 | 7,530,000 | 5,536,000 | 1,527,000 | 2,701,000 | |||||
| other short term finances | ||||||||||||
| hp & lease commitments | 541,000 | 159,000 | ||||||||||
| other current liabilities | 63,774,000 | 37,173,000 | 32,641,000 | 18,624,000 | 3,065,000 | 2,063,000 | 3,418,000 | 1,451,000 | 2,950,000 | 3,249,000 | 1,528,000 | |
| total current liabilities | 74,845,000 | 47,379,000 | 39,184,000 | 21,983,000 | 15,449,000 | 30,131,000 | 26,600,000 | 23,988,000 | 13,350,000 | 13,455,000 | 7,150,000 | 6,616,000 |
| loans | 27,952,000 | 28,556,000 | ||||||||||
| hp & lease commitments | 13,976,000 | 14,278,000 | ||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 1,084,000 | 1,634,000 | 962,000 | 680,000 | 254,000 | 231,000 | 281,000 | 200,000 | 700,000 | 700,000 | 700,000 | |
| total long term liabilities | 14,518,000 | 15,095,000 | 481,000 | 340,000 | 254,000 | 231,000 | 281,000 | 200,000 | 700,000 | 700,000 | 700,000 | |
| total liabilities | 89,363,000 | 62,474,000 | 39,665,000 | 22,323,000 | 15,703,000 | 30,362,000 | 26,881,000 | 24,188,000 | 14,050,000 | 14,155,000 | 7,850,000 | 6,616,000 |
| net assets | -15,292,000 | 29,696,000 | 30,499,000 | 26,493,000 | 24,643,000 | 7,788,000 | 7,788,000 | 8,337,000 | 8,337,000 | 8,337,000 | 8,337,000 | 15,155,000 |
| total shareholders funds | -15,292,000 | 29,696,000 | 30,499,000 | 26,493,000 | 24,643,000 | 7,788,000 | 7,788,000 | 8,337,000 | 8,337,000 | 8,337,000 | 8,337,000 | 15,155,000 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -45,786,000 | 110,000 | 3,644,000 | 2,149,000 | 7,890,000 | 5,201,000 | 13,487,000 | 12,484,000 | 10,990,000 | 9,246,000 | 5,614,000 | 4,804,000 |
| Depreciation | 2,186,000 | 1,942,000 | 680,000 | 477,000 | 234,000 | 105,000 | 275,000 | 298,000 | 344,000 | 328,000 | 345,000 | 351,000 |
| Amortisation | 144,000 | 94,000 | 97,000 | 78,000 | 50,000 | 15,000 | ||||||
| Tax | 245,000 | -41,000 | 208,000 | -299,000 | 27,000 | 88,000 | -978,000 | -1,846,000 | -1,924,000 | -1,697,000 | -740,000 | -1,111,000 |
| Stock | -5,912,000 | 1,334,000 | 7,166,000 | -822,000 | 3,004,000 | 1,077,000 | 1,257,000 | 2,589,000 | 165,000 | 3,024,000 | -597,000 | 7,334,000 |
| Debtors | -11,603,000 | 7,869,000 | 10,766,000 | 7,252,000 | -9,083,000 | 4,006,000 | -434,000 | 8,184,000 | -238,000 | 4,599,000 | -5,752,000 | 11,392,000 |
| Creditors | 483,000 | 3,504,000 | 3,184,000 | -1,533,000 | 1,853,000 | -20,949,000 | -20,911,000 | 19,619,000 | -600,000 | 2,595,000 | -13,000 | 2,387,000 |
| Accruals and Deferred Income | 26,601,000 | 4,532,000 | 14,017,000 | 15,559,000 | 1,002,000 | 2,063,000 | 3,418,000 | -1,451,000 | -1,499,000 | -299,000 | 1,721,000 | 1,528,000 |
| Deferred Taxes & Provisions | -550,000 | 672,000 | 282,000 | 426,000 | 23,000 | 31,000 | 81,000 | -500,000 | 700,000 | |||
| Cash flow from operations | 838,000 | 1,610,000 | 4,180,000 | 10,427,000 | 17,158,000 | -18,529,000 | -5,451,000 | 17,831,000 | 7,384,000 | 2,550,000 | 13,976,000 | -10,767,000 |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -3,800,000 | 3,800,000 | ||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -7,492,000 | -17,537,000 | 25,029,000 | 20,105,000 | -7,530,000 | 1,994,000 | 4,009,000 | -1,174,000 | 2,701,000 | |||
| Other Short Term Loans | ||||||||||||
| Long term loans | -604,000 | 28,556,000 | ||||||||||
| Hire Purchase and Lease Commitments | 80,000 | 14,437,000 | ||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -887,000 | -872,000 | 15,000 | -15,000 | ||||||||
| cash flow from financing | -1,411,000 | 42,121,000 | 154,000 | -7,492,000 | 340,000 | 24,480,000 | 20,372,000 | -7,530,000 | 1,994,000 | 4,009,000 | -1,189,000 | 14,163,000 |
| cash and cash equivalents | ||||||||||||
| cash | 1,348,000 | -1,191,000 | 1,515,000 | 1,919,000 | 86,000 | 20,000 | 1,076,000 | -9,000 | 109,000 | -1,470,000 | 907,000 | 694,000 |
| overdraft | ||||||||||||
| change in cash | 1,348,000 | -1,191,000 | 1,515,000 | 1,919,000 | 86,000 | 20,000 | 1,076,000 | -9,000 | 109,000 | -1,470,000 | 907,000 | 694,000 |
auk realisations limited Credit Report and Business Information
Auk Realisations Limited Competitor Analysis
Perform a competitor analysis for auk realisations limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M 1 area or any other competitors across 12 key performance metrics.
auk realisations limited Ownership
AUK REALISATIONS LIMITED group structure
Auk Realisations Limited has no subsidiary companies.
Ultimate parent company
AVIATION INDUSTRY CORPORATION OF CHINA
#0134205
2 parents
AUK REALISATIONS LIMITED
01004276
auk realisations limited directors
Auk Realisations Limited currently has 5 directors. The longest serving directors include Mr Mark Stoddart (Sep 2017) and Ms Jing Guo (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Stoddart | United Kingdom | 62 years | Sep 2017 | - | Director |
| Ms Jing Guo | 43 years | May 2020 | - | Director | |
| Qinghong Liu | 51 years | May 2020 | - | Director | |
| Ms Li Fan | United Kingdom | 50 years | May 2020 | - | Director |
| Mr Neil Taggart | 46 years | Feb 2021 | - | Director |
P&L
December 2020turnover
56.9m
-41%
operating profit
-45.8m
-41724%
gross margin
28.2%
-2.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-15.3m
-1.51%
total assets
74.1m
-0.2%
cash
3.9m
+0.52%
net assets
Total assets minus all liabilities
auk realisations limited company details
company number
01004276
Type
Private limited with Share Capital
industry
30300 - Manufacture of air and spacecraft and related machinery
incorporation date
March 1971
age
54
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2020
previous names
aim altitude uk limited (August 2022)
aim aviation (jecco) limited (September 2017)
See moreaccountant
-
auditor
MAZARS LLP
address
11th floor landmark, st peters square, manchester, M1 4PB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
auk realisations 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 12 charges/mortgages relating to auk realisations limited. Currently there are 3 open charges and 9 have been satisfied in the past.
auk realisations limited Capital Raised & Share Issues BETA
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.
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auk realisations limited Companies House Filings - See Documents
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