royston limited Company Information
Company Number
01384241
Website
www.royston.co.ukRegistered Address
unit 3, walker riverside, wincomblee road, newcastle upon tyne, NE6 3PF
Industry
Repair of machinery
Telephone
01912958000
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
royston power generation ltd 100%
royston limited Estimated Valuation
Pomanda estimates the enterprise value of ROYSTON LIMITED at £13.1m based on a Turnover of £18.1m and 0.72x industry multiple (adjusted for size and gross margin).
royston limited Estimated Valuation
Pomanda estimates the enterprise value of ROYSTON LIMITED at £4.6m based on an EBITDA of £658.8k and a 7.01x industry multiple (adjusted for size and gross margin).
royston limited Estimated Valuation
Pomanda estimates the enterprise value of ROYSTON LIMITED at £17.5m based on Net Assets of £4.6m and 3.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Royston Limited Overview
Royston Limited is a live company located in wincomblee road, NE6 3PF with a Companies House number of 01384241. It operates in the repair of machinery sector, SIC Code 33120. Founded in August 1978, it's largest shareholder is royston power generation ltd with a 100% stake. Royston Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.1m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Royston Limited Health Check
Pomanda's financial health check has awarded Royston Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £18.1m, make it larger than the average company (£9.9m)
£18.1m - Royston Limited
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (7.9%)
21% - Royston Limited
7.9% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (28.7%)
20.2% - Royston Limited
28.7% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (5.1%)
2% - Royston Limited
5.1% - Industry AVG
Employees
with 60 employees, this is above the industry average (28)
60 - Royston Limited
28 - Industry AVG
Pay Structure
on an average salary of £64.6k, the company has a higher pay structure (£46.8k)
£64.6k - Royston Limited
£46.8k - Industry AVG
Efficiency
resulting in sales per employee of £302.1k, this is more efficient (£212.7k)
£302.1k - Royston Limited
£212.7k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (54 days)
64 days - Royston Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (43 days)
82 days - Royston Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 38 days, this is less than average (78 days)
38 days - Royston Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (14 weeks)
21 weeks - Royston Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.9%, this is a similar level of debt than the average (60.1%)
54.9% - Royston Limited
60.1% - Industry AVG
ROYSTON LIMITED financials
Royston Limited's latest turnover from February 2024 is £18.1 million and the company has net assets of £4.6 million. According to their latest financial statements, Royston Limited has 60 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 18,123,120 | 14,089,507 | 12,605,122 | 10,287,093 | 21,156,387 | 18,833,115 | 15,666,741 | 10,396,086 | 9,368,748 | 12,435,844 | 12,033,674 | 11,141,198 | 9,335,601 | 8,134,179 | 7,899,938 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 14,458,607 | 11,621,096 | 9,764,994 | 7,448,218 | 15,174,188 | 13,209,301 | 11,008,363 | 7,319,571 | 6,442,973 | 8,923,898 | 8,933,078 | 8,162,151 | 7,041,956 | 5,951,899 | 5,588,971 |
Gross Profit | 3,664,513 | 2,468,411 | 2,840,128 | 2,838,875 | 5,982,199 | 5,623,814 | 4,658,378 | 3,076,515 | 2,925,775 | 3,511,946 | 3,100,596 | 2,979,047 | 2,293,645 | 2,182,280 | 2,310,967 |
Admin Expenses | 3,305,209 | 2,990,724 | 3,506,644 | 2,997,855 | 4,840,837 | 3,980,843 | 3,872,685 | 2,903,982 | 2,838,202 | 2,911,514 | 2,592,226 | 2,501,470 | 2,287,059 | 2,109,576 | 2,208,808 |
Operating Profit | 359,304 | -522,313 | -666,516 | -158,980 | 1,141,362 | 1,642,971 | 785,693 | 172,533 | 87,573 | 600,432 | 508,370 | 477,577 | 6,586 | 72,704 | 102,159 |
Interest Payable | 13,104 | 13,457 | 5,397 | 1,157 | 3,238 | 5,518 | 11,125 | 16,157 | 28,045 | 31,961 | 36,631 | 48,950 | 53,482 | 41,273 | 66,920 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 4,147 | 48,756 | 86,844 | 59,730 |
Pre-Tax Profit | 346,200 | -535,770 | -671,913 | -160,137 | 1,138,124 | 1,637,453 | 774,568 | 156,376 | 59,528 | 568,471 | 471,743 | 432,774 | 1,860 | 118,275 | 94,969 |
Tax | 0 | 0 | 75,094 | 80,225 | -51,188 | -244,571 | -114,248 | -28,862 | 6,110 | -85,847 | -86,239 | -70,902 | -3,369 | -30,940 | -26,491 |
Profit After Tax | 346,200 | -535,770 | -596,819 | -79,912 | 1,086,936 | 1,392,882 | 660,320 | 127,514 | 65,638 | 482,624 | 385,504 | 361,872 | -1,509 | 87,335 | 68,478 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 346,200 | -535,770 | -596,819 | -79,912 | 1,086,936 | 1,392,882 | 660,320 | -122,486 | 65,638 | 482,624 | 385,504 | 361,872 | -1,509 | 87,335 | 68,478 |
Employee Costs | 3,873,231 | 3,641,027 | 3,073,118 | 3,087,565 | 3,954,493 | 3,503,134 | 3,322,580 | 2,884,894 | 2,829,895 | 2,744,118 | 2,577,936 | 2,546,794 | 2,415,186 | 2,219,849 | 2,293,220 |
Number Of Employees | 60 | 60 | 60 | 67 | 72 | 69 | 68 | 64 | 65 | 66 | 63 | 66 | 64 | 62 | 65 |
EBITDA* | 658,783 | -233,482 | -435,492 | 85,545 | 1,284,020 | 1,803,490 | 923,517 | 296,505 | 218,373 | 703,384 | 596,970 | 555,045 | 83,052 | 140,326 | 168,968 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 519,920 | 579,318 | 748,764 | 724,974 | 795,720 | 722,337 | 843,330 | 548,839 | 560,504 | 610,694 | 496,787 | 398,762 | 411,592 | 355,958 | 361,813 |
Intangible Assets | 791,256 | 541,382 | 531,409 | 407,348 | 425,132 | 249,560 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,002 | 20,002 | 20,002 | 20,002 | 20,002 | 20,002 | 20,002 |
Debtors (Due After 1 year) | 605,373 | 463,403 | 557,510 | 261,254 | 499,485 | 463,765 | 392,480 | 588,373 | 484,925 | 1,045,215 | 727,736 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,936,651 | 1,604,205 | 1,857,785 | 1,413,678 | 1,740,439 | 1,455,764 | 1,255,912 | 1,157,314 | 1,065,431 | 1,675,911 | 1,244,525 | 418,764 | 431,594 | 375,960 | 381,815 |
Stock & work in progress | 1,506,102 | 1,610,063 | 1,317,196 | 1,067,323 | 1,193,620 | 1,390,097 | 1,206,436 | 766,895 | 598,889 | 634,145 | 564,223 | 653,305 | 693,096 | 658,148 | 496,692 |
Trade Debtors | 3,194,110 | 2,554,051 | 2,393,702 | 1,394,748 | 1,888,389 | 2,742,452 | 2,079,949 | 2,258,854 | 1,508,641 | 2,474,355 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 436,647 | 447,219 | 630,730 | 661,021 | 611,724 | 447,381 | 478,834 | 344,618 | 711,473 | 555,942 | 463,814 | 1,025,280 | 968,559 | 742,269 | 391,534 |
Misc Debtors | 744,905 | 299,816 | 370,943 | 338,505 | 468,511 | 425,115 | 323,339 | 212,737 | 117,926 | 136,844 | 1,126,616 | 1,175,876 | 1,003,147 | 779,293 | 748,305 |
Cash | 2,345,637 | 1,400,131 | 1,405,035 | 2,414,587 | 2,898,382 | 1,745,985 | 544,170 | 166,982 | 31,314 | 92,556 | 204,315 | 134,058 | 33,987 | 39,646 | 830,870 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 8,227,401 | 6,311,280 | 6,117,606 | 5,876,184 | 7,060,626 | 6,751,030 | 4,632,728 | 3,750,086 | 2,968,243 | 3,893,842 | 2,358,968 | 2,988,519 | 2,698,789 | 2,219,356 | 2,467,401 |
total assets | 10,164,052 | 7,915,485 | 7,975,391 | 7,289,862 | 8,801,065 | 8,206,794 | 5,888,640 | 4,907,400 | 4,033,674 | 5,569,753 | 3,603,493 | 3,407,283 | 3,130,383 | 2,595,316 | 2,849,216 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,262 | 56,952 | 76,914 | 189,604 | 101,015 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 3,252,273 | 2,795,593 | 2,280,145 | 1,024,796 | 2,251,351 | 2,888,786 | 2,067,194 | 1,736,655 | 712,169 | 1,082,511 | 845,641 | 853,691 | 1,443,542 | 895,428 | 826,850 |
Group/Directors Accounts | 73,305 | 61,655 | 60,246 | 26,906 | 27,822 | 20,102 | 20,102 | 20,102 | 20,002 | 473,853 | 206,821 | 169,423 | 20,002 | 133,746 | 612,148 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 338,004 | 413,507 | 970,120 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 9,616 | 21,524 | 15,927 | 1,606 | 27,100 | 39,635 | 31,831 | 0 | 10,350 | 10,659 | 16,856 | 15,546 | 19,190 | 8,097 | 10,283 |
other current liabilities | 2,222,041 | 767,835 | 820,790 | 789,933 | 974,037 | 725,761 | 643,832 | 438,078 | 358,737 | 538,187 | 512,755 | 649,529 | 355,192 | 397,270 | 326,361 |
total current liabilities | 5,557,235 | 3,646,607 | 3,177,108 | 1,843,241 | 3,280,310 | 3,674,284 | 2,762,959 | 2,532,839 | 1,547,027 | 3,132,282 | 1,658,987 | 1,877,793 | 1,938,941 | 1,434,541 | 1,775,642 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 21,033 | 29,294 | 22,929 | 0 | 1,606 | 28,706 | 54,889 | 0 | 0 | 10,350 | 21,009 | 6,857 | 22,403 | 7,047 | 2,608 |
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 | 0 | 0 | 0 | 82,478 | 75,094 | 146,685 | 106,555 | 70,644 | 60,244 | 66,356 | 45,356 | 29,996 | 38,274 | 21,454 | 26,027 |
total long term liabilities | 21,033 | 29,294 | 22,929 | 82,478 | 76,700 | 175,391 | 161,444 | 70,644 | 60,244 | 76,706 | 66,365 | 36,853 | 60,677 | 28,501 | 28,635 |
total liabilities | 5,578,268 | 3,675,901 | 3,200,037 | 1,925,719 | 3,357,010 | 3,849,675 | 2,924,403 | 2,603,483 | 1,607,271 | 3,208,988 | 1,725,352 | 1,914,646 | 1,999,618 | 1,463,042 | 1,804,277 |
net assets | 4,585,784 | 4,239,584 | 4,775,354 | 5,364,143 | 5,444,055 | 4,357,119 | 2,964,237 | 2,303,917 | 2,426,403 | 2,360,765 | 1,878,141 | 1,492,637 | 1,130,765 | 1,132,274 | 1,044,939 |
total shareholders funds | 4,585,784 | 4,239,584 | 4,775,354 | 5,364,143 | 5,444,055 | 4,357,119 | 2,964,237 | 2,303,917 | 2,426,403 | 2,360,765 | 1,878,141 | 1,492,637 | 1,130,765 | 1,132,274 | 1,044,939 |
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 359,304 | -522,313 | -666,516 | -158,980 | 1,141,362 | 1,642,971 | 785,693 | 172,533 | 87,573 | 600,432 | 508,370 | 477,577 | 6,586 | 72,704 | 102,159 |
Depreciation | 122,505 | 119,298 | 115,199 | 122,417 | 142,658 | 160,519 | 137,824 | 123,972 | 130,800 | 102,952 | 88,600 | 77,468 | 76,466 | 67,622 | 66,809 |
Amortisation | 176,974 | 169,533 | 115,825 | 122,108 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 75,094 | 80,225 | -51,188 | -244,571 | -114,248 | -28,862 | 6,110 | -85,847 | -86,239 | -70,902 | -3,369 | -30,940 | -26,491 |
Stock | -103,961 | 292,867 | 249,873 | -126,297 | -196,477 | 183,661 | 439,541 | 168,006 | -35,256 | 69,922 | -89,082 | -39,791 | 34,948 | 161,456 | 496,692 |
Debtors | 1,216,546 | -188,396 | 1,297,357 | -812,581 | -610,604 | 804,111 | -129,980 | 581,617 | -1,389,391 | 1,894,190 | 117,010 | 229,450 | 450,144 | 381,723 | 1,139,839 |
Creditors | 456,680 | 515,448 | 1,255,349 | -1,226,555 | -637,435 | 821,592 | 330,539 | 1,024,486 | -370,342 | 236,870 | -8,050 | -589,851 | 548,114 | 68,578 | 826,850 |
Accruals and Deferred Income | 1,454,206 | -52,955 | 30,857 | -184,104 | 248,276 | 81,929 | 205,754 | 79,341 | -179,450 | 25,432 | -136,774 | 294,337 | -42,078 | 70,909 | 326,361 |
Deferred Taxes & Provisions | 0 | 0 | -82,478 | 7,384 | -71,591 | 40,130 | 35,911 | 10,400 | -6,112 | 21,000 | 15,360 | -8,278 | 16,820 | -4,573 | 26,027 |
Cash flow from operations | 1,457,084 | 124,540 | -703,900 | -298,627 | 1,579,163 | 1,514,798 | 1,071,912 | 632,247 | 1,093,226 | -1,063,273 | 353,339 | -9,308 | 117,447 | -298,879 | -314,816 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 20,002 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 11,650 | 1,409 | 33,340 | -916 | 7,720 | 0 | 0 | 100 | -453,851 | 267,032 | 37,398 | 149,421 | -113,744 | -478,402 | 612,148 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -338,004 | -75,503 | -556,613 | 970,120 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -20,169 | 11,962 | 37,250 | -27,100 | -39,635 | -18,379 | 86,720 | -10,350 | -10,659 | -16,856 | 15,462 | -19,190 | 26,449 | 2,253 | 12,891 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -13,104 | -13,457 | -5,397 | -1,157 | -3,238 | -5,518 | -11,125 | -16,157 | -28,045 | -31,961 | -36,627 | -44,803 | -4,726 | 45,571 | -7,190 |
cash flow from financing | -21,623 | -86 | 73,223 | -29,173 | -35,153 | -23,897 | -262,409 | -101,910 | -1,049,168 | 1,188,335 | 16,233 | 85,428 | -92,021 | -430,578 | 1,594,310 |
cash and cash equivalents | |||||||||||||||
cash | 945,506 | -4,904 | -1,009,552 | -483,795 | 1,152,397 | 1,201,815 | 377,188 | 135,668 | -61,242 | -111,759 | 70,257 | 100,071 | -5,659 | -791,224 | 830,870 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32,262 | -24,690 | -19,962 | -112,690 | 88,589 | 101,015 | 0 | 0 |
change in cash | 945,506 | -4,904 | -1,009,552 | -483,795 | 1,152,397 | 1,201,815 | 377,188 | 167,930 | -36,552 | -91,797 | 182,947 | 11,482 | -106,674 | -791,224 | 830,870 |
royston limited Credit Report and Business Information
Royston Limited Competitor Analysis
Perform a competitor analysis for royston limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NE6 area or any other competitors across 12 key performance metrics.
royston limited Ownership
ROYSTON LIMITED group structure
Royston Limited has 4 subsidiary companies.
Ultimate parent company
1 parent
ROYSTON LIMITED
01384241
4 subsidiaries
royston limited directors
Royston Limited currently has 3 directors. The longest serving directors include Mr Lawrence Brown (Apr 1994) and Ms Sarah Wade (Jun 2006).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Lawrence Brown | 69 years | Apr 1994 | - | Director | |
Ms Sarah Wade | 49 years | Jun 2006 | - | Director | |
Mr Graham Denholm | England | 60 years | Apr 2011 | - | Director |
P&L
February 2024turnover
18.1m
+29%
operating profit
359.3k
-169%
gross margin
20.3%
+15.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
4.6m
+0.08%
total assets
10.2m
+0.28%
cash
2.3m
+0.68%
net assets
Total assets minus all liabilities
royston limited company details
company number
01384241
Type
Private limited with Share Capital
industry
33120 - Repair of machinery
incorporation date
August 1978
age
46
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2024
previous names
royston marine limited (June 2005)
nazebury limited (December 1979)
accountant
-
auditor
CLIVE OWEN LLP
address
unit 3, walker riverside, wincomblee road, newcastle upon tyne, NE6 3PF
Bank
BANK OF SCOTLAND
Legal Advisor
-
royston 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 13 charges/mortgages relating to royston limited. Currently there are 1 open charges and 12 have been satisfied in the past.
royston limited Companies House Filings - See Documents
date | description | view/download |
---|