Ashby Precision Engineering Limited

POWER SEARCH PRICING

SOLUTIONS

ashby precision engineering limited Company Information

Live

MatureSmallHealthy

Company Number

01319597

Website

http://huttonengineering.com

Registered Address

unit 31 nuffield centrum, nuffield way, abingdon, oxfordshire, OX14 1RL

Industry

Machining

Telephone

01235531279

Next Accounts Due

June 2025

Group Structure

View All

Directors

Robin Ashby27 Years

Shareholders

robin james ashby 87%

louise ashby 6.6%

View All

ashby precision engineering limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of ASHBY PRECISION ENGINEERING LIMITED at £2.4m based on a Turnover of £4.7m and 0.51x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Ashby Precision Engineering Limited is a live company located in abingdon, OX14 1RL with a Companies House number of 01319597. It operates in the machining sector, SIC Code 25620. Founded in June 1977, it's largest shareholder is robin james ashby with a 87% stake. Ashby Precision Engineering Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.7m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ashby Precision Engineering Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

5 Regular

5 Weak

Size

annual sales of £4.7m, make it smaller than the average company (£9.4m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.5%)

EXPORT

Ashby Precision Engineering Limited's latest turnover from September 2023 is estimated at £4.7 million and the company has net assets of £577.9 thousand. According to their latest financial statements, Ashby Precision Engineering Limited has 44 employees and maintains cash reserves of £27.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	4,689,776	4,212,349	3,061,023	4,084,152	4,132,744	3,794,907	3,417,002	3,472,561	6,281,333	5,692,105	5,784,161	4,881,706	3,557,733	1,810,210	2,871,838
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,363,165	3,079,963	2,208,035	2,908,671	2,988,996	2,678,162	2,376,883	2,422,143	4,371,427	3,947,669	4,063,730	3,428,591	2,449,931	1,223,079	2,162,083
Gross Profit	1,326,611	1,132,386	852,987	1,175,481	1,143,748	1,116,745	1,040,119	1,050,418	1,909,906	1,744,437	1,720,430	1,453,116	1,107,802	587,131	709,755
Admin Expenses	1,056,389	1,083,311	1,012,777	1,710,448	929,866	876,474	883,404	1,203,178	1,638,993	1,356,877	1,496,888	1,428,460	1,137,368	491,724	891,763
Operating Profit	270,222	49,075	-159,790	-534,967	213,882	240,271	156,715	-152,760	270,913	387,560	223,542	24,656	-29,566	95,407	-182,008
Interest Payable	73,774	57,694	27,540	18,992	36,106	47,015	28,346	14,613	0	0	0	0	9,707	25,738	47,665
Interest Receivable	1,575	427	2	4	78	6	3	17	87	130	105	31	27	204	45,076
Pre-Tax Profit	198,023	-8,192	-187,328	-553,955	177,854	193,262	128,372	-167,356	271,000	387,690	223,647	24,687	-39,246	69,874	-184,597
Tax	-49,506	0	0	0	399	18,535	-24,391	0	-54,200	-81,415	-51,439	-5,925	0	-19,565	16,145
Profit After Tax	148,517	-8,192	-187,328	-553,955	178,253	211,797	103,981	-167,356	216,800	306,275	172,208	18,762	-39,246	50,309	-168,452
Dividends Paid	0	0	0	0	119,316	97,688	0	0	0	0	0	0	0	0	0
Retained Profit	148,517	-8,192	-187,328	-553,955	58,937	114,109	103,981	-167,356	216,800	306,275	172,208	18,762	-39,246	50,309	-168,452
Employee Costs	1,868,032	1,643,749	1,331,891	1,523,849	1,165,848	1,112,567	1,302,461	1,439,936	2,001,268	1,828,664	1,630,953	1,436,102	1,057,874	557,361	0
Number Of Employees	44	40	34	39	37	37	36	41	57	53	48	42	32	17	0
EBITDA*	456,320	204,333	-11,082	-339,226	450,325	449,986	376,995	132,545	581,741	573,719	346,338	164,524	162,540	297,509	154,256

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	1,971,322	1,532,261	1,484,367	1,241,435	1,468,822	1,435,897	1,219,815	1,301,008	2,030,632	2,179,232	1,173,497	1,076,535	689,911	762,576	829,828
Intangible Assets	0	0	0	0	6,667	86,667	166,667	246,667	326,667	0	0	0	29,000	134,000	239,000
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	1,971,322	1,532,261	1,484,367	1,241,435	1,475,489	1,522,564	1,386,482	1,547,675	2,357,299	2,179,232	1,173,497	1,076,535	718,911	896,576	1,068,828
Stock & work in progress	564,823	493,494	367,408	270,809	305,249	333,308	311,722	316,601	355,713	338,966	292,038	303,178	245,170	194,298	120,298
Trade Debtors	897,241	895,629	609,960	970,251	940,496	714,562	815,521	740,432	1,052,077	1,094,864	1,118,797	943,204	702,057	418,205	719,644
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	54,597	94,472	120,287	47,479	141,559	94,723	92,062	159,509	0	0	0	0	0	255,797	94,137
Cash	27,190	35,795	2,162	1,108	6,121	13,298	2,460	132	13,202	21,602	30,448	11,573	700	10,206	71,483
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,543,851	1,519,390	1,099,817	1,289,647	1,393,425	1,155,891	1,221,765	1,216,674	1,420,992	1,455,432	1,441,283	1,257,955	947,927	878,506	1,005,562
total assets	3,515,173	3,051,651	2,584,184	2,531,082	2,868,914	2,678,455	2,608,247	2,764,349	3,778,291	3,634,664	2,614,780	2,334,490	1,666,838	1,775,082	2,074,390
Bank overdraft	292,039	624,304	286,827	366,125	256,558	297,356	439,461	467,619	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	24,051	109,311
Trade Creditors	990,042	805,217	542,699	564,071	504,545	878,341	552,293	411,282	1,890,890	1,642,595	1,496,319	1,529,819	1,201,773	323,491	300,553
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	309,745	387,793
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	274,624	359,208
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	114,958	133,603
other current liabilities	448,247	412,699	322,026	400,044	327,205	157,916	382,897	585,316	0	0	0	0	0	194,010	170,936
total current liabilities	1,730,328	1,842,220	1,151,552	1,330,240	1,088,308	1,333,613	1,374,651	1,464,217	1,890,890	1,642,595	1,496,319	1,529,819	1,201,773	1,240,879	1,461,404
loans	187,500	237,500	250,000	0	0	0	0	0	0	0	0	0	0	0	24,743
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	207,623
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	538,064	254,708	463,040	340,079	403,305	26,478	59,022	218,949	574,116	909,775	430,371	331,702	50,743	103,581	0
provisions	481,393	287,852	282,029	235,872	198,455	198,455	168,774	179,364	244,110	229,919	141,990	99,077	59,192	36,246	36,553
total long term liabilities	1,206,957	780,060	995,069	575,951	601,760	224,933	227,796	398,313	818,226	1,139,694	572,361	430,779	109,935	139,827	268,919
total liabilities	2,937,285	2,622,280	2,146,621	1,906,191	1,690,068	1,558,546	1,602,447	1,862,530	2,709,116	2,782,289	2,068,680	1,960,598	1,311,708	1,380,706	1,730,323
net assets	577,888	429,371	437,563	624,891	1,178,846	1,119,909	1,005,800	901,819	1,069,175	852,375	546,100	373,892	355,130	394,376	344,067
total shareholders funds	577,888	429,371	437,563	624,891	1,178,846	1,119,909	1,005,800	901,819	1,069,175	852,375	546,100	373,892	355,130	394,376	344,067

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	270,222	49,075	-159,790	-534,967	213,882	240,271	156,715	-152,760	270,913	387,560	223,542	24,656	-29,566	95,407	-182,008
Depreciation	186,098	155,258	148,708	189,074	156,443	129,715	140,280	205,305	237,495	186,159	122,796	110,868	87,106	97,102	159,264
Amortisation	0	0	0	6,667	80,000	80,000	80,000	80,000	73,333	0	0	29,000	105,000	105,000	177,000
Tax	-49,506	0	0	0	399	18,535	-24,391	0	-54,200	-81,415	-51,439	-5,925	0	-19,565	16,145
Stock	71,329	126,086	96,599	-34,440	-28,059	21,586	-4,879	-39,112	16,747	46,928	-11,140	58,008	50,872	74,000	120,298
Debtors	-38,263	259,854	-287,483	-64,325	272,770	-98,298	7,642	-152,136	-42,787	-23,933	175,593	241,147	28,055	-139,779	813,781
Creditors	184,825	262,518	-21,372	59,526	-373,796	326,048	141,011	-1,479,608	248,295	146,276	-33,500	328,046	878,282	22,938	300,553
Accruals and Deferred Income	35,548	90,673	-78,018	72,839	169,289	-224,981	-202,419	585,316	0	0	0	0	-194,010	23,074	170,936
Deferred Taxes & Provisions	193,541	5,823	46,157	37,417	0	29,681	-10,590	-64,746	14,191	87,929	42,913	39,885	22,946	-307	36,553
Cash flow from operations	787,662	177,407	126,569	-70,679	1,506	675,981	277,843	-635,245	816,067	703,514	139,859	227,375	790,831	389,428	-255,636
Investing Activities
capital expenditure	-625,159	-203,152	-391,640	38,313	-189,368	-345,797	-59,087	524,319	-488,895	-1,191,894	-219,758	-497,492	-14,441	-29,850	-1,405,092
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-625,159	-203,152	-391,640	38,313	-189,368	-345,797	-59,087	524,319	-488,895	-1,191,894	-219,758	-497,492	-14,441	-29,850	-1,405,092
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	-24,051	-85,260	109,311
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	-309,745	-78,048	387,793
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	-274,624	-84,584	359,208
Long term loans	-50,000	-12,500	250,000	0	0	0	0	0	0	0	0	0	0	-24,743	24,743
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	-114,958	-226,268	341,226
other long term liabilities	283,356	-208,332	122,961	-63,226	376,827	-32,544	-159,927	-355,167	-335,659	479,404	98,669	280,959	-52,838	103,581	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	512,519
interest	-72,199	-57,267	-27,538	-18,988	-36,028	-47,009	-28,343	-14,596	87	130	105	31	-9,680	-25,534	-2,589
cash flow from financing	161,157	-278,099	345,423	-82,214	340,799	-79,553	-188,270	-369,763	-335,572	479,534	98,774	280,990	-785,896	-420,856	1,732,211
cash and cash equivalents
cash	-8,605	33,633	1,054	-5,013	-7,177	10,838	2,328	-13,070	-8,400	-8,846	18,875	10,873	-9,506	-61,277	71,483
overdraft	-332,265	337,477	-79,298	109,567	-40,798	-142,105	-28,158	467,619	0	0	0	0	0	0	0
change in cash	323,660	-303,844	80,352	-114,580	33,621	152,943	30,486	-480,689	-8,400	-8,846	18,875	10,873	-9,506	-61,277	71,483

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ashby precision engineering limited. Get real-time insights into ashby 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 ashby precision engineering limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

ASHBY PRECISION ENGINEERING LIMITED group structure

Ashby Precision Engineering Limited has no subsidiary companies.

Ultimate parent company

ASHBY PRECISION ENGINEERING LIMITED

01319597

ASHBY PRECISION ENGINEERING LIMITED Shareholders

robin james ashby	87.01%
louise ashby	6.55%
andrew ashby	6.44%

Ashby Precision Engineering Limited currently has 1 director, Mr Robin Ashby serving since Oct 1996.

officer	country	age	start	end	role
Mr Robin Ashby		53 years	Oct 1996	-	Director

P&L

September 2023

turnover

4.7m

+11%

operating profit

270.2k

gross margin

28.3%

+5.23%

turnover

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

Balance Sheet

September 2023

net assets

577.9k

+0.35%

total assets

3.5m

+0.15%

cash

27.2k

-0.24%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

gibbs gears (precision engineers) ltd

4.5

huxley bertram engineering limited

summit engineering (birmingham) limited

lada engineering services limited

2.5

bcmz precision engineering limited

company number

01319597

Type

Private limited with Share Capital

industry

25620 - Machining

incorporation date

June 1977

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

ashby precision engineering drayton limited (September 2010)

ash precision engineering drayton, limited (May 1982)

incorporated

address

unit 31 nuffield centrum, nuffield way, abingdon, oxfordshire, OX14 1RL

last accounts submitted

September 2023

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 4 charges/mortgages relating to ashby precision engineering limited. Currently there are 3 open charges and 1 have been satisfied in the past.

ashby precision engineering limited Company Information

ashby precision engineering limited Estimated Valuation

ashby precision engineering limited Estimated Valuation

ashby precision engineering limited Estimated Valuation

Ashby Precision Engineering Limited Overview

Ashby Precision Engineering Limited Health Check

ASHBY PRECISION ENGINEERING LIMITED financials

ashby precision engineering limited Credit Report and Business Information

Ashby Precision Engineering Limited Competitor Analysis

ashby precision engineering limited Ownership

ashby precision engineering limited directors

ashby precision engineering limited company details

ashby precision engineering limited Charges & Mortgages

ashby precision engineering limited Companies House Filings - See Documents