accura engineering limited Company Information
Company Number
01442283
Next Accounts
Mar 2026
Shareholders
connexion precision finance limited
Group Structure
View All
Industry
Manufacture of power-driven hand tools
Registered Address
1 stringes close, willenhall, WV13 1NS
Website
www.accura.co.ukaccura engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ACCURA ENGINEERING LIMITED at £17.6m based on a Turnover of £12.2m and 1.44x industry multiple (adjusted for size and gross margin).
accura engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ACCURA ENGINEERING LIMITED at £5.6m based on an EBITDA of £860.2k and a 6.55x industry multiple (adjusted for size and gross margin).
accura engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ACCURA ENGINEERING LIMITED at £4.9m based on Net Assets of £1.9m and 2.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Accura Engineering Limited Overview
Accura Engineering Limited is a live company located in willenhall, WV13 1NS with a Companies House number of 01442283. It operates in the manufacture of power-driven hand tools sector, SIC Code 28240. Founded in August 1979, it's largest shareholder is connexion precision finance limited with a 100% stake. Accura Engineering Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Accura Engineering Limited Health Check
Pomanda's financial health check has awarded Accura Engineering Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs


4 Strong

3 Regular

5 Weak

Size
annual sales of £12.2m, make it larger than the average company (£6.1m)
- Accura Engineering Limited
£6.1m - Industry AVG

Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9%)
- Accura Engineering Limited
9% - Industry AVG

Production
with a gross margin of 18.6%, this company has a comparable cost of product (18.6%)
- Accura Engineering Limited
18.6% - Industry AVG

Profitability
an operating margin of 5.5% make it more profitable than the average company (1%)
- Accura Engineering Limited
1% - Industry AVG

Employees
with 109 employees, this is above the industry average (40)
109 - Accura Engineering Limited
40 - Industry AVG

Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Accura Engineering Limited
£40.9k - Industry AVG

Efficiency
resulting in sales per employee of £111.6k, this is less efficient (£172.1k)
- Accura Engineering Limited
£172.1k - Industry AVG

Debtor Days
it gets paid by customers after 52 days, this is later than average (38 days)
- Accura Engineering Limited
38 days - Industry AVG

Creditor Days
its suppliers are paid after 39 days, this is quicker than average (50 days)
- Accura Engineering Limited
50 days - Industry AVG

Stock Days
it holds stock equivalent to 66 days, this is less than average (198 days)
- Accura Engineering Limited
198 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (4 weeks)
3 weeks - Accura Engineering Limited
4 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 69.4%, this is a higher level of debt than the average (62.5%)
69.4% - Accura Engineering Limited
62.5% - Industry AVG
ACCURA ENGINEERING LIMITED financials

Accura Engineering Limited's latest turnover from June 2024 is estimated at £12.2 million and the company has net assets of £1.9 million. According to their latest financial statements, Accura Engineering Limited has 109 employees and maintains cash reserves of £211.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 8,126,342 | 9,622,162 | 8,144,414 | 7,073,145 | 8,454,217 | 7,482,993 | 7,386,045 | 6,373,203 | 6,991,217 | ||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 6,849,250 | 7,846,489 | 6,566,357 | 5,442,296 | 6,156,588 | 5,353,205 | 5,097,849 | 4,555,605 | 4,876,443 | ||||||
Gross Profit | 1,277,092 | 1,775,673 | 1,578,057 | 1,630,849 | 2,297,629 | 2,129,788 | 2,288,196 | 1,817,598 | 2,114,774 | ||||||
Admin Expenses | 895,760 | 983,397 | 866,170 | 1,102,484 | 947,550 | 803,911 | 724,652 | 826,770 | 803,025 | ||||||
Operating Profit | 381,332 | 792,276 | 711,887 | 528,365 | 1,350,079 | 1,325,877 | 1,563,544 | 990,828 | 1,311,749 | ||||||
Interest Payable | 53,986 | 66,283 | 19,927 | 23,333 | 24,756 | 27,198 | 22,685 | 19,946 | 16,098 | ||||||
Interest Receivable | 56 | 655 | 5 | 71 | 15 | ||||||||||
Pre-Tax Profit | 327,346 | -7,645,404 | 691,960 | 505,088 | 1,325,323 | 1,299,334 | 1,540,864 | 971,053 | 1,295,666 | ||||||
Tax | 39,009 | -158,020 | 32,062 | -115,547 | -233,533 | -284,348 | -351,975 | -234,410 | -487,776 | ||||||
Profit After Tax | 366,355 | -7,803,424 | 724,022 | 389,541 | 1,091,790 | 1,014,986 | 1,188,889 | 736,643 | 807,890 | ||||||
Dividends Paid | 1,000,000 | 900,000 | 700,000 | ||||||||||||
Retained Profit | 366,355 | -7,803,424 | 724,022 | 389,541 | 1,091,790 | 1,014,986 | 188,889 | -163,357 | 107,890 | ||||||
Employee Costs | 3,878,716 | 4,747,371 | 3,653,840 | 3,182,494 | 3,153,385 | 3,093,681 | 2,786,556 | 2,595,360 | 2,610,536 | ||||||
Number Of Employees | 109 | 95 | 86 | 88 | 98 | 87 | 88 | 82 | 77 | 76 | 72 | 71 | 71 | ||
EBITDA* | 553,548 | 998,937 | 903,631 | 711,204 | 1,522,857 | 1,500,772 | 1,747,400 | 1,156,519 | 1,481,413 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 873,844 | 458,728 | 537,219 | 468,263 | 442,575 | 427,494 | 501,306 | 622,568 | 684,435 | 656,523 | 729,715 | 707,369 | 550,451 | 357,982 | 353,289 |
Intangible Assets | |||||||||||||||
Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 873,844 | 458,728 | 537,219 | 468,263 | 442,575 | 427,494 | 501,306 | 622,568 | 684,436 | 656,524 | 729,716 | 707,370 | 550,452 | 357,983 | 353,290 |
Stock & work in progress | 1,797,370 | 1,584,244 | 1,090,769 | 1,445,442 | 736,526 | 885,458 | 812,578 | 887,219 | 622,913 | 648,993 | 610,916 | 524,644 | 595,589 | 740,547 | 722,538 |
Trade Debtors | 1,758,812 | 1,480,338 | 1,371,047 | 1,622,554 | 939,538 | 1,411,051 | 1,290,291 | 1,199,085 | 1,093,430 | 1,189,343 | 1,406,267 | 1,006,820 | 1,344,958 | 1,026,185 | 1,203,069 |
Group Debtors | 1,072,114 | 1,072,114 | 1,453,151 | 1,757,434 | 1,625,269 | 1,083,388 | 13,191 | 23,424 | 29,157 | 27,081 | 35,552 | ||||
Misc Debtors | 350,053 | 367,590 | 427,636 | 418,987 | 347,114 | 238,898 | 231,168 | 254,982 | 135,138 | 55,576 | 63,637 | 59,890 | 41,322 | ||
Cash | 211,483 | 134,784 | 211,788 | 506,115 | 994,864 | 250,008 | 762,834 | 483,088 | 3,814,397 | 2,884,794 | 957,045 | 940,447 | 903,922 | 916,473 | 369,007 |
misc current assets | |||||||||||||||
total current assets | 5,189,832 | 4,639,070 | 4,554,391 | 5,750,532 | 4,643,311 | 3,868,803 | 3,096,871 | 2,837,565 | 5,665,878 | 4,802,130 | 3,067,022 | 2,558,882 | 2,921,343 | 2,683,205 | 2,294,614 |
total assets | 6,063,676 | 5,097,798 | 5,091,610 | 6,218,795 | 5,085,886 | 4,296,297 | 3,598,177 | 3,460,133 | 6,350,314 | 5,458,654 | 3,796,738 | 3,266,252 | 3,471,795 | 3,041,188 | 2,647,904 |
Bank overdraft | 496,643 | 396,643 | |||||||||||||
Bank loan | 228,424 | 263,853 | 275,758 | 166,667 | |||||||||||
Trade Creditors | 1,076,887 | 1,333,515 | 803,532 | 960,448 | 685,089 | 632,616 | 936,052 | 875,045 | 587,811 | 752,937 | 576,033 | 495,229 | 367,048 | 1,430,855 | 1,188,425 |
Group/Directors Accounts | 160,099 | 600,938 | 338,046 | 14,660 | 951 | 951 | |||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 112,707 | 58,578 | 46,123 | 41,156 | 54,378 | 49,731 | 110,737 | 164,943 | 158,047 | 159,697 | 156,934 | 144,648 | 87,941 | ||
other current liabilities | 2,124,063 | 1,911,062 | 1,748,342 | 2,214,282 | 1,176,376 | 961,353 | 835,890 | 1,106,455 | 939,305 | 1,213,997 | 973,169 | 771,083 | 1,128,657 | ||
total current liabilities | 3,542,081 | 3,567,008 | 2,873,755 | 3,382,553 | 2,412,486 | 2,040,343 | 1,882,679 | 2,306,542 | 2,286,101 | 2,464,677 | 1,720,796 | 1,411,911 | 1,584,597 | 1,430,855 | 1,188,425 |
loans | 181,624 | 90,909 | 264,394 | 258,333 | |||||||||||
hp & lease commitments | 410,365 | 62,107 | 82,345 | 55,004 | 96,160 | 45,069 | 110,365 | 213,326 | 277,893 | 274,894 | 351,263 | 335,701 | 217,638 | ||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 50,210 | ||||||||||||||
provisions | 76,135 | 10,552 | 31,134 | 13,984 | 1,547 | ||||||||||
total long term liabilities | 668,124 | 153,016 | 346,739 | 313,337 | 96,160 | 45,069 | 110,365 | 213,326 | 277,893 | 285,446 | 382,397 | 349,685 | 219,185 | 50,210 | |
total liabilities | 4,210,205 | 3,720,024 | 3,220,494 | 3,695,890 | 2,508,646 | 2,085,412 | 1,993,044 | 2,519,868 | 2,563,994 | 2,750,123 | 2,103,193 | 1,761,596 | 1,803,782 | 1,481,065 | 1,188,425 |
net assets | 1,853,471 | 1,377,774 | 1,871,116 | 2,522,905 | 2,577,240 | 2,210,885 | 1,605,133 | 940,265 | 3,786,320 | 2,708,531 | 1,693,545 | 1,504,656 | 1,668,013 | 1,560,123 | 1,459,479 |
total shareholders funds | 1,853,471 | 1,377,774 | 1,871,116 | 2,522,905 | 2,577,240 | 2,210,885 | 1,605,133 | 940,265 | 3,786,320 | 2,708,531 | 1,693,545 | 1,504,656 | 1,668,013 | 1,560,123 | 1,459,479 |
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 381,332 | 792,276 | 711,887 | 528,365 | 1,350,079 | 1,325,877 | 1,563,544 | 990,828 | 1,311,749 | ||||||
Depreciation | 191,989 | 158,999 | 151,689 | 131,270 | 172,216 | 206,661 | 191,744 | 182,839 | 172,778 | 174,895 | 183,856 | 165,691 | 169,664 | 134,901 | 136,420 |
Amortisation | |||||||||||||||
Tax | 39,009 | -158,020 | 32,062 | -115,547 | -233,533 | -284,348 | -351,975 | -234,410 | -487,776 | ||||||
Stock | 213,126 | 493,475 | -354,673 | 708,916 | -148,932 | 72,880 | -74,641 | 264,306 | -26,080 | 38,077 | 86,272 | -70,945 | -144,958 | 18,009 | 722,538 |
Debtors | 260,937 | -331,792 | -547,141 | 887,054 | 178,584 | 1,211,878 | 54,201 | 238,690 | -39,775 | -230,718 | 405,270 | -328,041 | 395,647 | -176,884 | 1,203,069 |
Creditors | -256,628 | 529,983 | -156,916 | 275,359 | 52,473 | -303,436 | 61,007 | 287,234 | -165,126 | 176,904 | 80,804 | 128,181 | -1,063,807 | 242,430 | 1,188,425 |
Accruals and Deferred Income | 213,001 | 162,720 | -465,940 | 1,037,906 | 215,023 | 125,463 | -270,565 | 167,150 | -274,692 | 240,828 | 202,086 | -357,574 | 1,128,657 | ||
Deferred Taxes & Provisions | 76,135 | -10,552 | -20,582 | 17,150 | 12,437 | 1,547 | |||||||||
Cash flow from operations | 830,401 | -621,814 | 746,575 | 547,045 | 904,809 | 1,806,215 | 1,203,923 | 1,104,139 | 809,345 | ||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -1 | 1 | |||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | -35,429 | -11,905 | 109,091 | 166,667 | |||||||||||
Group/Directors Accounts | -160,099 | -440,839 | 262,892 | 323,386 | 13,709 | 951 | |||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | 90,715 | -173,485 | 6,061 | 258,333 | |||||||||||
Hire Purchase and Lease Commitments | 402,387 | -7,783 | 32,308 | -54,378 | 55,738 | -126,302 | -157,167 | -57,671 | 1,349 | -73,606 | 27,848 | 174,770 | 305,579 | ||
other long term liabilities | -50,210 | 50,210 | |||||||||||||
share issue | |||||||||||||||
interest | -53,986 | -66,283 | -19,927 | -23,277 | -24,756 | -26,543 | -22,680 | -19,875 | -16,083 | ||||||
cash flow from financing | 1,752 | 8,216,591 | -396,347 | -3,757,383 | 225,484 | 223,237 | 18,877 | 154,895 | 240,237 | ||||||
cash and cash equivalents | |||||||||||||||
cash | 76,699 | -77,004 | -294,327 | -488,749 | 744,856 | -512,826 | 279,746 | -3,331,309 | 929,603 | 1,927,749 | 16,598 | 36,525 | -12,551 | 547,466 | 369,007 |
overdraft | -496,643 | 100,000 | 396,643 | ||||||||||||
change in cash | 76,699 | -77,004 | -294,327 | 7,894 | 644,856 | -909,469 | 279,746 | -3,331,309 | 929,603 | 1,927,749 | 16,598 | 36,525 | -12,551 | 547,466 | 369,007 |
accura engineering limited Credit Report and Business Information
Accura Engineering Limited Competitor Analysis

Perform a competitor analysis for accura engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in WV13 area or any other competitors across 12 key performance metrics.
accura engineering limited Ownership
ACCURA ENGINEERING LIMITED group structure
Accura Engineering Limited has no subsidiary companies.
Ultimate parent company
2 parents
ACCURA ENGINEERING LIMITED
01442283
accura engineering limited directors
Accura Engineering Limited currently has 3 directors. The longest serving directors include Mr Craig Wright (Jul 2018) and Mr Richard Eldridge (May 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Craig Wright | 56 years | Jul 2018 | - | Director | |
Mr Richard Eldridge | England | 47 years | May 2021 | - | Director |
Mrs Sophia Hallett-Jones | England | 35 years | Nov 2022 | - | Director |
P&L
June 2024turnover
12.2m
+36%
operating profit
668.2k
0%
gross margin
18.7%
-19.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
1.9m
+0.35%
total assets
6.1m
+0.19%
cash
211.5k
+0.57%
net assets
Total assets minus all liabilities
accura engineering limited company details
company number
01442283
Type
Private limited with Share Capital
industry
28240 - Manufacture of power-driven hand tools
incorporation date
August 1979
age
46
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
accura geometric limited (October 2016)
accura tooling & design services limited (March 2006)
See moreaccountant
-
auditor
-
address
1 stringes close, willenhall, WV13 1NS
Bank
HSBC BANK PLC
Legal Advisor
-
accura engineering 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 10 charges/mortgages relating to accura engineering limited. Currently there are 2 open charges and 8 have been satisfied in the past.
accura engineering 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.
Click to start generating capital raising & share issue transactions for ACCURA ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
accura engineering limited Companies House Filings - See Documents
date | description | view/download |
---|