fluke precision measurement limited
fluke precision measurement limited Company Information
Company Number
01410123
Next Accounts
Sep 2025
Shareholders
tga industries ltd
Group Structure
View All
Industry
Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
Registered Address
52 hurricane way, norwich airport, norwich, norfolk, NR6 6JB
Website
www.flukenetworks.comfluke precision measurement limited Estimated Valuation
Pomanda estimates the enterprise value of FLUKE PRECISION MEASUREMENT LIMITED at £139.5m based on a Turnover of £53.3m and 2.62x industry multiple (adjusted for size and gross margin).
fluke precision measurement limited Estimated Valuation
Pomanda estimates the enterprise value of FLUKE PRECISION MEASUREMENT LIMITED at £354.5m based on an EBITDA of £23.8m and a 14.89x industry multiple (adjusted for size and gross margin).
fluke precision measurement limited Estimated Valuation
Pomanda estimates the enterprise value of FLUKE PRECISION MEASUREMENT LIMITED at £185.9m based on Net Assets of £74.3m and 2.5x industry multiple (adjusted for liquidity).
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Fluke Precision Measurement Limited Overview
Fluke Precision Measurement Limited is a live company located in norwich, NR6 6JB with a Companies House number of 01410123. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in January 1979, it's largest shareholder is tga industries ltd with a 100% stake. Fluke Precision Measurement Limited is a mature, large sized company, Pomanda has estimated its turnover at £53.3m with declining growth in recent years.
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Fluke Precision Measurement Limited Health Check
Pomanda's financial health check has awarded Fluke Precision Measurement Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
1 Weak
Size
annual sales of £53.3m, make it larger than the average company (£12.8m)
£53.3m - Fluke Precision Measurement Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8.3%)
-5% - Fluke Precision Measurement Limited
8.3% - Industry AVG
Production
with a gross margin of 67.4%, this company has a lower cost of product (41%)
67.4% - Fluke Precision Measurement Limited
41% - Industry AVG
Profitability
an operating margin of 43.9% make it more profitable than the average company (8.9%)
43.9% - Fluke Precision Measurement Limited
8.9% - Industry AVG
Employees
with 77 employees, this is similar to the industry average (68)
77 - Fluke Precision Measurement Limited
68 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£55k)
£48.7k - Fluke Precision Measurement Limited
£55k - Industry AVG
Efficiency
resulting in sales per employee of £691.8k, this is more efficient (£203k)
£691.8k - Fluke Precision Measurement Limited
£203k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (50 days)
0 days - Fluke Precision Measurement Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (39 days)
103 days - Fluke Precision Measurement Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is less than average (98 days)
65 days - Fluke Precision Measurement Limited
98 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 257 weeks, this is more cash available to meet short term requirements (22 weeks)
257 weeks - Fluke Precision Measurement Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.2%, this is a lower level of debt than the average (38.5%)
17.2% - Fluke Precision Measurement Limited
38.5% - Industry AVG
FLUKE PRECISION MEASUREMENT LIMITED financials
Fluke Precision Measurement Limited's latest turnover from December 2023 is £53.3 million and the company has net assets of £74.3 million. According to their latest financial statements, Fluke Precision Measurement Limited has 77 employees and maintains cash reserves of £71.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 53,265,000 | 50,852,000 | 39,288,000 | 61,737,000 | 74,039,000 | 68,297,000 | 100,441,000 | 85,563,000 | 80,715,000 | 89,719,000 | 91,790,000 | 155,518,000 | 130,174,000 | 112,783,000 | 95,395,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 17,353,000 | 15,477,000 | 13,641,000 | 29,405,000 | 31,832,000 | 31,565,000 | 66,271,000 | 60,182,000 | 55,732,000 | 57,947,000 | 60,980,000 | 92,079,000 | 69,311,000 | 62,034,000 | 58,517,000 |
| Gross Profit | 35,912,000 | 35,375,000 | 25,647,000 | 32,332,000 | 42,207,000 | 36,732,000 | 34,170,000 | 25,381,000 | 24,983,000 | 31,772,000 | 30,810,000 | 63,439,000 | 60,863,000 | 50,749,000 | 36,878,000 |
| Admin Expenses | 12,544,000 | 10,352,000 | 7,822,000 | 11,108,000 | 14,014,000 | 18,283,000 | 20,466,000 | 14,647,000 | 27,525,000 | 20,939,000 | 20,550,000 | 27,439,000 | 27,841,000 | 22,919,000 | 38,839,000 |
| Operating Profit | 23,368,000 | 25,023,000 | 17,825,000 | 21,224,000 | 28,193,000 | 18,449,000 | 13,704,000 | 10,734,000 | -2,542,000 | 10,833,000 | 10,260,000 | 36,000,000 | 33,022,000 | 27,830,000 | -1,961,000 |
| Interest Payable | 46,000 | 29,000 | 23,000 | 25,000 | 36,000 | 12,000 | 3,000 | 17,000 | 788,000 | 818,000 | 754,000 | 695,000 | 641,000 | 4,300,000 | |
| Interest Receivable | 2,408,000 | 403,000 | 108,000 | 190,000 | 230,000 | 132,000 | 26,000 | 86,000 | 50,000 | 182,000 | 204,000 | 333,000 | 204,000 | 178,000 | |
| Pre-Tax Profit | 25,730,000 | 25,397,000 | 17,910,000 | 21,389,000 | 28,387,000 | 18,569,000 | 13,727,000 | 10,717,000 | -3,244,000 | 10,065,000 | 9,688,000 | 37,109,000 | 33,234,000 | 23,734,000 | -1,783,000 |
| Tax | -5,813,000 | -981,000 | -610,000 | -7,321,000 | -1,813,000 | 1,838,000 | -2,322,000 | -855,000 | 124,000 | -105,000 | -53,000 | -14,000 | 6,000 | 224,000 | -23,000 |
| Profit After Tax | 19,917,000 | 24,416,000 | 17,300,000 | 14,068,000 | 26,574,000 | 20,407,000 | 11,405,000 | 9,862,000 | -3,120,000 | 9,960,000 | 9,635,000 | 37,095,000 | 33,240,000 | 23,958,000 | -1,806,000 |
| Dividends Paid | 25,000,000 | 21,568,000 | 7,000,000 | 12,500,000 | 15,000,000 | 40,000,000 | 45,000,000 | 603,000 | 15,023,000 | ||||||
| Retained Profit | 19,917,000 | 24,416,000 | 17,300,000 | -10,932,000 | 5,006,000 | 13,407,000 | 11,405,000 | 9,862,000 | -15,620,000 | -5,040,000 | 9,635,000 | -2,905,000 | -11,760,000 | 23,355,000 | -16,829,000 |
| Employee Costs | 3,749,000 | 3,371,000 | 3,187,000 | 3,226,000 | 3,288,000 | 3,412,000 | 3,466,000 | 3,302,000 | 3,011,000 | 2,943,000 | 3,477,000 | 3,624,000 | 3,943,000 | 3,895,000 | 3,455,000 |
| Number Of Employees | 77 | 77 | 77 | 124 | 107 | 110 | 98 | 80 | 74 | 74 | 95 | 103 | 113 | 108 | 107 |
| EBITDA* | 23,811,000 | 25,533,000 | 18,226,000 | 22,040,000 | 28,940,000 | 19,444,000 | 14,575,000 | 11,424,000 | 9,801,000 | 13,096,000 | 11,399,000 | 36,433,000 | 33,446,000 | 27,962,000 | -1,775,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,928,000 | 1,239,000 | 1,327,000 | 1,364,000 | 1,480,000 | 1,062,000 | 1,210,000 | 1,179,000 | 1,066,000 | 1,089,000 | 477,000 | 437,000 | 413,000 | 277,000 | 382,000 |
| Intangible Assets | 728,000 | 862,000 | 494,000 | 1,454,000 | 2,762,000 | 6,744,000 | 7,549,000 | 5,967,000 | 4,053,000 | 16,353,000 | 18,037,000 | 2,061,000 | 2,377,000 | 8,287,000 | 7,536,000 |
| Investments & Other | 20,785,000 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,656,000 | 2,101,000 | 1,821,000 | 2,818,000 | 4,242,000 | 7,806,000 | 8,759,000 | 7,146,000 | 5,119,000 | 17,442,000 | 18,514,000 | 2,498,000 | 2,790,000 | 8,564,000 | 28,703,000 |
| Stock & work in progress | 3,115,000 | 2,983,000 | 4,481,000 | 4,752,000 | 2,647,000 | 2,653,000 | 2,957,000 | 3,411,000 | 2,575,000 | 2,246,000 | 2,992,000 | 2,847,000 | 2,895,000 | 3,031,000 | 2,915,000 |
| Trade Debtors | 24,000 | 31,000 | 55,000 | 3,794,000 | 4,837,000 | 6,344,000 | 5,021,000 | 4,319,000 | 3,925,000 | 4,629,000 | 4,493,000 | 13,344,000 | 11,403,000 | 12,962,000 | 9,899,000 |
| Group Debtors | 9,874,000 | 6,432,000 | 14,054,000 | 1,680,000 | 3,044,000 | 3,771,000 | 7,021,000 | 4,450,000 | 2,499,000 | 5,296,000 | 2,381,000 | 4,399,000 | 6,432,000 | 6,410,000 | 15,403,000 |
| Misc Debtors | 2,785,000 | 3,307,000 | 6,777,000 | 5,506,000 | 2,787,000 | 4,700,000 | 998,000 | 1,051,000 | 1,124,000 | 1,083,000 | 1,008,000 | 803,000 | 1,682,000 | 1,138,000 | 1,191,000 |
| Cash | 71,306,000 | 56,928,000 | 31,883,000 | 26,065,000 | 30,953,000 | 22,902,000 | 15,317,000 | 6,005,000 | 7,680,000 | 13,207,000 | 11,923,000 | 19,675,000 | 18,474,000 | ||
| misc current assets | |||||||||||||||
| total current assets | 87,104,000 | 69,681,000 | 57,250,000 | 41,797,000 | 44,268,000 | 40,370,000 | 31,314,000 | 13,231,000 | 10,123,000 | 19,259,000 | 18,554,000 | 34,600,000 | 34,335,000 | 43,216,000 | 47,882,000 |
| total assets | 89,760,000 | 71,782,000 | 59,071,000 | 44,615,000 | 48,510,000 | 48,176,000 | 40,073,000 | 20,377,000 | 15,242,000 | 36,701,000 | 37,068,000 | 37,098,000 | 37,125,000 | 51,780,000 | 76,585,000 |
| Bank overdraft | 1,126,000 | 7,324,000 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,915,000 | 5,771,000 | 3,821,000 | 4,068,000 | 3,780,000 | 3,648,000 | 4,296,000 | 3,634,000 | 2,614,000 | 2,312,000 | 1,616,000 | 1,736,000 | 1,443,000 | 1,295,000 | 1,095,000 |
| Group/Directors Accounts | 8,497,000 | 9,558,000 | 9,047,000 | 11,843,000 | 5,085,000 | 10,589,000 | 14,219,000 | 5,950,000 | 6,292,000 | 19,520,000 | 16,133,000 | 25,681,000 | 23,151,000 | 26,143,000 | 75,558,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 8,000 | 8,000 | 8,000 | 12,000 | 14,000 | ||||||||||
| other current liabilities | 997,000 | 1,038,000 | 813,000 | 880,000 | 843,000 | 1,833,000 | 1,382,000 | 658,000 | 897,000 | 692,000 | 681,000 | 627,000 | 692,000 | 387,000 | |
| total current liabilities | 14,417,000 | 16,375,000 | 13,689,000 | 16,803,000 | 9,722,000 | 14,942,000 | 20,348,000 | 12,092,000 | 16,888,000 | 22,729,000 | 18,441,000 | 28,098,000 | 25,221,000 | 28,130,000 | 77,040,000 |
| loans | |||||||||||||||
| hp & lease commitments | 738,000 | 740,000 | 743,000 | 752,000 | 759,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 221,000 | ||||||||||||||
| provisions | 306,000 | 285,000 | 452,000 | 394,000 | 431,000 | 467,000 | 365,000 | 330,000 | 261,000 | 259,000 | 256,000 | 266,000 | 272,000 | 272,000 | 148,000 |
| total long term liabilities | 1,044,000 | 1,025,000 | 1,416,000 | 1,146,000 | 1,190,000 | 467,000 | 365,000 | 330,000 | 261,000 | 259,000 | 256,000 | 266,000 | 272,000 | 272,000 | 148,000 |
| total liabilities | 15,461,000 | 17,400,000 | 15,105,000 | 17,949,000 | 10,912,000 | 15,409,000 | 20,713,000 | 12,422,000 | 17,149,000 | 22,988,000 | 18,697,000 | 28,364,000 | 25,493,000 | 28,402,000 | 77,188,000 |
| net assets | 74,299,000 | 54,382,000 | 43,966,000 | 26,666,000 | 37,598,000 | 32,767,000 | 19,360,000 | 7,955,000 | -1,907,000 | 13,713,000 | 18,371,000 | 8,734,000 | 11,632,000 | 23,378,000 | -603,000 |
| total shareholders funds | 74,299,000 | 54,382,000 | 43,966,000 | 26,666,000 | 37,598,000 | 32,767,000 | 19,360,000 | 7,955,000 | -1,907,000 | 13,713,000 | 18,371,000 | 8,734,000 | 11,632,000 | 23,378,000 | -603,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 23,368,000 | 25,023,000 | 17,825,000 | 21,224,000 | 28,193,000 | 18,449,000 | 13,704,000 | 10,734,000 | -2,542,000 | 10,833,000 | 10,260,000 | 36,000,000 | 33,022,000 | 27,830,000 | -1,961,000 |
| Depreciation | 274,000 | 239,000 | 243,000 | 263,000 | 225,000 | 164,000 | 195,000 | 281,000 | 304,000 | 246,000 | 115,000 | 117,000 | 108,000 | 132,000 | 186,000 |
| Amortisation | 169,000 | 271,000 | 158,000 | 553,000 | 522,000 | 831,000 | 676,000 | 409,000 | 12,039,000 | 2,017,000 | 1,024,000 | 316,000 | 316,000 | ||
| Tax | -5,813,000 | -981,000 | -610,000 | -7,321,000 | -1,813,000 | 1,838,000 | -2,322,000 | -855,000 | 124,000 | -105,000 | -53,000 | -14,000 | 6,000 | 224,000 | -23,000 |
| Stock | 132,000 | -1,498,000 | -271,000 | 2,105,000 | -6,000 | -304,000 | -454,000 | 836,000 | 329,000 | -746,000 | 145,000 | -48,000 | -136,000 | 116,000 | 2,915,000 |
| Debtors | 2,913,000 | -11,116,000 | 9,906,000 | 312,000 | -4,147,000 | 1,775,000 | 3,220,000 | 2,272,000 | -3,460,000 | 3,126,000 | -10,664,000 | -971,000 | -993,000 | -5,983,000 | 26,493,000 |
| Creditors | -856,000 | 1,950,000 | -247,000 | 288,000 | 132,000 | -648,000 | 662,000 | 1,020,000 | 302,000 | 696,000 | -120,000 | 293,000 | 148,000 | 200,000 | 1,095,000 |
| Accruals and Deferred Income | -41,000 | 225,000 | -67,000 | 37,000 | 843,000 | -1,833,000 | 451,000 | 724,000 | -239,000 | 205,000 | 11,000 | 54,000 | -65,000 | 305,000 | 387,000 |
| Deferred Taxes & Provisions | 21,000 | -167,000 | 58,000 | -37,000 | -36,000 | 102,000 | 35,000 | 69,000 | 2,000 | 3,000 | -10,000 | -6,000 | 124,000 | 148,000 | |
| Cash flow from operations | 14,077,000 | 39,174,000 | 7,725,000 | 12,590,000 | 32,219,000 | 17,432,000 | 10,635,000 | 9,274,000 | 13,121,000 | 11,515,000 | 21,746,000 | 37,779,000 | 34,664,000 | 34,682,000 | -29,576,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -20,785,000 | 20,785,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,061,000 | 511,000 | -2,796,000 | 6,758,000 | -5,504,000 | -3,630,000 | 8,269,000 | -342,000 | -13,228,000 | 3,387,000 | -9,548,000 | 2,530,000 | -2,992,000 | -49,415,000 | 75,558,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -2,000 | -3,000 | -13,000 | -9,000 | 773,000 | ||||||||||
| other long term liabilities | -221,000 | 221,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 2,362,000 | 374,000 | 85,000 | 165,000 | 194,000 | 120,000 | 23,000 | -17,000 | -702,000 | -768,000 | -572,000 | -491,000 | -308,000 | -4,096,000 | 178,000 |
| cash flow from financing | 1,299,000 | -13,339,000 | -2,503,000 | 6,914,000 | -4,712,000 | -3,510,000 | 8,292,000 | -359,000 | -13,930,000 | 3,001,000 | -10,118,000 | 2,046,000 | -3,286,000 | -52,885,000 | 91,962,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 14,378,000 | 25,045,000 | 5,818,000 | -4,888,000 | 8,051,000 | 7,585,000 | 15,317,000 | -6,005,000 | -1,675,000 | -5,527,000 | 1,284,000 | -7,752,000 | 1,201,000 | 18,474,000 | |
| overdraft | -1,126,000 | -6,198,000 | 7,324,000 | ||||||||||||
| change in cash | 14,378,000 | 25,045,000 | 5,818,000 | -4,888,000 | 8,051,000 | 7,585,000 | 16,443,000 | 6,198,000 | -13,329,000 | -1,675,000 | -5,527,000 | 1,284,000 | -7,752,000 | 1,201,000 | 18,474,000 |
fluke precision measurement limited Credit Report and Business Information
Fluke Precision Measurement Limited Competitor Analysis
Perform a competitor analysis for fluke precision measurement limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NR6 area or any other competitors across 12 key performance metrics.
fluke precision measurement limited Ownership
FLUKE PRECISION MEASUREMENT LIMITED group structure
Fluke Precision Measurement Limited has no subsidiary companies.
Ultimate parent company
TLFN III LLC
#0129572
2 parents
FLUKE PRECISION MEASUREMENT LIMITED
01410123
fluke precision measurement limited directors
Fluke Precision Measurement Limited currently has 3 directors. The longest serving directors include Mr Herman Warnshuis (May 2018) and Mr Christopher Smith (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Herman Warnshuis | England | 60 years | May 2018 | - | Director |
| Mr Christopher Smith | England | 53 years | Apr 2020 | - | Director |
| Mr Grant MacPherson | 56 years | Jul 2024 | - | Director |
P&L
December 2023turnover
53.3m
+5%
operating profit
23.4m
-7%
gross margin
67.5%
-3.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
74.3m
+0.37%
total assets
89.8m
+0.25%
cash
71.3m
+0.25%
net assets
Total assets minus all liabilities
fluke precision measurement limited company details
company number
01410123
Type
Private limited with Share Capital
industry
26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
incorporation date
January 1979
age
46
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
wavetek limited (February 2000)
datron instruments limited (August 1992)
See moreaccountant
-
auditor
ERNST & YOUNG LLP
address
52 hurricane way, norwich airport, norwich, norfolk, NR6 6JB
Bank
BANK OF AMERIC MERRILL LYNCH
Legal Advisor
-
fluke precision measurement 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 2 charges/mortgages relating to fluke precision measurement limited. Currently there are 0 open charges and 2 have been satisfied in the past.
fluke precision measurement limited Capital Raised & Share Issues BETA
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fluke precision measurement limited Companies House Filings - See Documents
| date | description | view/download |
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