Ronan Engineering Limited

POWER SEARCH PRICING

SOLUTIONS

ronan engineering limited Company Information

Live

MatureMicroDeclining

Company Number

01315747

Next Accounts

May 2025

Industry

Manufacture of electronic industrial process control equipment

Directors

Richard Ludford

Shareholders

ronan engineering company inc.

the john hewitson trust

Group Structure

View All

Contact

Registered Address

unit h6, washington business centre, sunderland, tyne and wear, SR5 3NZ

Website

www.ronan.com

ronan engineering limited Estimated Valuation

£5m

Pomanda estimates the enterprise value of RONAN ENGINEERING LIMITED at £5m based on Net Assets of £2m and 2.5x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Ronan Engineering Limited is a live company located in sunderland, SR5 3NZ with a Companies House number of 01315747. It operates in the manufacture of electronic industrial process control equipment sector, SIC Code 26512. Founded in June 1977, it's largest shareholder is ronan engineering company inc. with a 100% stake. Ronan Engineering Limited is a mature, micro sized company, Pomanda has estimated its turnover at £435.9k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Rating5out of 5

5 Strong

2 Regular

5 Weak

Size

annual sales of £435.9k, make it smaller than the average company (£9.7m)

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.8%)

EXPORT

Ronan Engineering Limited's latest turnover from August 2023 is estimated at £435.9 thousand and the company has net assets of £2 million. According to their latest financial statements, Ronan Engineering Limited has 2 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	435,937	305,936	360,501	452,363	510,545	756,898	1,250,378	1,444,321	1,298,952	673,630	867,234	1,351,635	1,190,694	985,092	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	273,154	187,768	225,564	285,871	289,616	384,762	833,397	963,142	985,714	429,494	558,994	848,508	767,399	629,423	0
Gross Profit	162,783	118,168	134,936	166,491	220,929	372,136	416,981	481,179	313,238	244,136	308,240	503,127	423,296	355,669	0
Admin Expenses	167,268	-286,388	68,796	-227,053	154,843	258,581	322,465	204,154	209,702	250,863	161,463	287,960	377,941	634,959	400,456
Operating Profit	-4,485	404,556	66,140	393,544	66,086	113,555	94,516	277,025	103,536	-6,727	146,777	215,167	45,355	-279,290	-400,456
Interest Payable	0	0	0	0	0	0	4,905	5,890	6,317	4,824	2,606	6,690	14,704	17,255	9,242
Interest Receivable	59,056	14,991	566	278	401	202	652	0	0	0	975	1,645	1,748	1,015	547
Pre-Tax Profit	54,571	419,547	66,706	393,822	66,487	113,757	90,263	271,135	97,219	-11,551	145,147	210,121	32,400	-295,530	-409,151
Tax	-13,643	-79,714	-12,674	-74,826	-12,682	-27,525	-27,405	-56,134	50,890	0	-33,384	-50,429	-8,424	0	0
Profit After Tax	40,928	339,833	54,032	318,996	53,805	86,232	62,858	215,001	148,109	-11,551	111,763	159,692	23,976	-295,530	-409,151
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	40,928	339,833	54,032	318,996	53,805	86,232	62,858	215,001	148,109	-11,551	111,763	159,692	23,976	-295,530	-409,151
Employee Costs	98,612	95,415	96,072	183,079	237,935	236,098	223,507	225,594	367,302	177,166	258,125	428,379	333,905	273,696	0
Number Of Employees	2	2	2	4	5	5	5	5	8	4	6	10	8	7	0
EBITDA*	-2,750	407,033	68,533	397,846	76,429	123,889	106,852	287,643	107,891	9,375	162,455	232,984	92,015	-262,978	-347,295

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	2,061	3,796	5,651	8,044	345,147	354,941	361,063	696,519	714,315	592,081	607,739	617,558	623,231	639,891	111,469
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,901
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	2,061	3,796	5,651	8,044	345,147	354,941	361,063	696,519	714,315	592,081	607,739	617,558	623,231	639,891	117,370
Stock & work in progress	19,319	13,420	20,931	30,319	27,734	32,428	40,035	28,514	95,507	63,879	28,812	93,007	98,786	120,334	208,785
Trade Debtors	135,399	100,062	91,167	101,166	14,398	57,159	311,905	524,766	319,303	58,881	237,674	282,239	136,151	166,303	155,568
Group Debtors	669,371	954,948	812,777	1,025,113	1,070,625	965,192	547,955	150,929	135,262	224,544	0	0	0	0	0
Misc Debtors	10,929	2,919	23,860	19,665	27,812	31,609	66,763	78,260	92,073	42,219	0	0	0	0	0
Cash	1,252,512	997,231	716,016	415,600	140,585	125,843	160,237	65,900	68,754	66,197	244,047	145,975	511,898	187,390	218,734
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,087,530	2,068,580	1,664,751	1,591,863	1,281,154	1,212,231	1,126,895	848,369	710,899	455,720	510,533	521,221	746,835	474,027	583,087
total assets	2,089,591	2,072,376	1,670,402	1,599,907	1,626,301	1,567,172	1,487,958	1,544,888	1,425,214	1,047,801	1,118,272	1,138,779	1,370,066	1,113,918	700,457
Bank overdraft	0	0	0	0	0	0	0	172,319	187,870	157,478	80,171	0	43,773	40,703	37,809
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	66,998	23,571	29,842	26,429	34,403	21,931	19,211	44,635	25,991	43,929	142,824	410,367	589,196	310,028	99,469
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	61,395	0	0	0	0
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	30,420	97,416	28,993	15,876	36,128	41,467	51,495	28,192	120,513	24,063	0	0	0	0	0
total current liabilities	97,418	120,987	58,835	42,305	70,531	63,398	70,706	245,146	334,374	225,470	284,390	410,367	632,969	350,731	137,278
loans	0	0	0	0	0	0	0	0	0	0	0	0	162,084	205,857	246,560
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	0	0	0	0	0	0	0	0	0	0	0	0
provisions	236	380	391	458	53,389	55,198	54,908	113,874	0	0	0	0	0	0	0
total long term liabilities	236	380	391	458	53,389	55,198	54,908	113,874	0	0	0	0	162,084	205,857	246,560
total liabilities	97,654	121,367	59,226	42,763	123,920	118,596	125,614	359,020	334,374	225,470	284,390	410,367	795,053	556,588	383,838
net assets	1,991,937	1,951,009	1,611,176	1,557,144	1,502,381	1,448,576	1,362,344	1,185,868	1,090,840	822,331	833,882	728,412	575,013	557,330	316,619
total shareholders funds	1,991,937	1,951,009	1,611,176	1,557,144	1,502,381	1,448,576	1,362,344	1,185,868	1,090,840	822,331	833,882	728,412	575,013	557,330	316,619

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	-4,485	404,556	66,140	393,544	66,086	113,555	94,516	277,025	103,536	-6,727	146,777	215,167	45,355	-279,290	-400,456
Depreciation	1,735	2,477	2,393	4,302	10,343	10,334	12,336	10,618	4,355	16,102	15,678	17,817	46,660	10,411	10,405
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	5,901	42,756
Tax	-13,643	-79,714	-12,674	-74,826	-12,682	-27,525	-27,405	-56,134	50,890	0	-33,384	-50,429	-8,424	0	0
Stock	5,899	-7,511	-9,388	2,585	-4,694	-7,607	11,521	-66,993	31,628	35,067	-64,195	-5,779	-21,548	-88,451	208,785
Debtors	-242,230	130,125	-218,140	33,109	58,875	127,337	172,668	207,317	220,994	87,970	-44,565	146,088	-30,152	10,735	155,568
Creditors	43,427	-6,271	3,413	-7,974	12,472	2,720	-25,424	18,644	-17,938	-98,895	-267,543	-178,829	279,168	210,559	99,469
Accruals and Deferred Income	-66,996	68,423	13,117	-20,252	-5,339	-10,028	23,303	-92,321	96,450	24,063	0	0	0	0	0
Deferred Taxes & Provisions	-144	-11	-67	-52,931	-1,809	290	-58,966	113,874	0	0	0	0	0	0	0
Cash flow from operations	196,225	266,846	299,850	206,169	14,890	-30,384	-165,829	131,382	-15,329	-188,494	-29,712	-136,583	414,459	25,297	-612,179
Investing Activities
capital expenditure	0	-622	0	332,801	-549	-4,212	323,120	7,178	-126,589	-444	-5,859	-12,144	-30,000	-538,833	-170,531
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	-622	0	332,801	-549	-4,212	323,120	7,178	-126,589	-444	-5,859	-12,144	-30,000	-538,833	-170,531
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	-61,395	61,395	0	0	0	0
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	-162,084	-43,773	-40,703	246,560
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	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	-264,233	0	0	113,618	-119,973	120,400	0	-6,293	-6,293	-6,293	536,241	725,770
interest	59,056	14,991	566	278	401	202	-4,253	-5,890	-6,317	-4,824	-1,631	-5,045	-12,956	-16,240	-8,695
cash flow from financing	59,056	14,991	566	-263,955	401	202	109,365	-125,863	114,083	-66,219	53,471	-173,422	-63,022	479,298	963,635
cash and cash equivalents
cash	255,281	281,215	300,416	275,015	14,742	-34,394	94,337	-2,854	2,557	-177,850	98,072	-365,923	324,508	-31,344	218,734
overdraft	0	0	0	0	0	0	-172,319	-15,551	30,392	77,307	80,171	-43,773	3,070	2,894	37,809
change in cash	255,281	281,215	300,416	275,015	14,742	-34,394	266,656	12,697	-27,835	-255,157	17,901	-322,150	321,438	-34,238	180,925

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ronan engineering limited. Get real-time insights into ronan 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 ronan engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in SR5 area or any other competitors across 12 key performance metrics.

RONAN ENGINEERING LIMITED group structure

Ronan Engineering Limited has no subsidiary companies.

Ultimate parent company

RONAN ENGINEERING CO INC

#0000672

1 parent

RONAN ENGINEERING LIMITED

01315747

RONAN ENGINEERING LIMITED Shareholders

ronan engineering company inc.	100%
the john hewitson trust	0%

Ronan Engineering Limited currently has 1 director, Mr Richard Ludford serving since Nov 2018.

officer	country	age	start	end	role
Mr Richard Ludford	England	69 years	Nov 2018	-	Director

P&L

August 2023

turnover

435.9k

+42%

operating profit

-4.5k

gross margin

37.4%

-3.32%

turnover

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

Balance Sheet

August 2023

net assets

+0.02%

total assets

2.1m

+0.01%

cash

1.3m

+0.26%

net assets

Total assets minus all liabilities

Similar Companies

act meters (uk) ltd

jubilee electronics limited

3.5

microtrol limited

3.5

oxford sensors ltd

circuit hydraulics limited

4.5

company number

01315747

Type

Private limited with Share Capital

industry

26512 - Manufacture of electronic industrial process control equipment

incorporation date

June 1977

ultimate parent company

RONAN ENGINEERING CO INC

previous names

jitmass limited (December 1977)

address

unit h6, washington business centre, sunderland, tyne and wear, SR5 3NZ

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 2 charges/mortgages relating to ronan engineering limited. Currently there are 1 open charges and 1 have been satisfied in the past.

ronan engineering limited Company Information

ronan engineering limited Estimated Valuation

ronan engineering limited Estimated Valuation

ronan engineering limited Estimated Valuation

Ronan Engineering Limited Overview

Ronan Engineering Limited Health Check

RONAN ENGINEERING LIMITED financials

ronan engineering limited Credit Report and Business Information

Ronan Engineering Limited Competitor Analysis

ronan engineering limited Ownership

ronan engineering limited directors

ronan engineering limited company details

ronan engineering limited Charges & Mortgages

ronan engineering limited Companies House Filings - See Documents