Argos Inspection Company Limited

POWER SEARCH PRICING

SOLUTIONS

argos inspection company limited Company Information

Live

MatureMicroHealthy

Company Number

01485784

Website

www.argosinspection.com

Registered Address

inspection house, tower road glover estate, district 11, washington, tyne and wear, NE37 2SH

Industry

Technical testing and analysis

Telephone

01914177793

Next Accounts Due

January 2025

Group Structure

View All

Directors

Evelyn Reay27 Years

Paul Killen1 Years

Shareholders

trustees of peter bauckham interest in possession settlement 1999 95%

peter bauckham 5%

argos inspection company limited Estimated Valuation

£4.8m

Pomanda estimates the enterprise value of ARGOS INSPECTION COMPANY LIMITED at £4.8m based on Net Assets of £1.7m and 2.87x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Argos Inspection Company Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Argos Inspection Company Limited is a live company located in district 11, washington, NE37 2SH with a Companies House number of 01485784. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in March 1980, it's largest shareholder is trustees of peter bauckham interest in possession settlement 1999 with a 95% stake. Argos Inspection Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £400.6k with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Argos Inspection Company Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

6 Strong

3 Regular

3 Weak

Size

annual sales of £400.6k, make it smaller than the average company (£3.8m)

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (2.4%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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

ARGOS INSPECTION COMPANY LIMITED group structure

Argos Inspection Company Limited has 1 subsidiary company.

Ultimate parent company

ARGOS INSPECTION COMPANY LIMITED

01485784

1 subsidiary

QUALITY INSPECTION ASSOCIATES LIMITED

02330905

ARGOS INSPECTION COMPANY LIMITED Shareholders

trustees of peter bauckham interest in possession settlement 1999	95%
peter bauckham	5%

Argos Inspection Company Limited currently has 2 directors. The longest serving directors include Miss Evelyn Reay (Jan 1997) and Mr Paul Killen (Feb 2023).

officer	country	age	start	end	role
Miss Evelyn Reay		72 years	Jan 1997	-	Director
Mr Paul Killen	United Kingdom	58 years	Feb 2023	-	Director

EXPORT

Argos Inspection Company Limited's latest turnover from April 2023 is estimated at £400.6 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Argos Inspection Company Limited has 5 employees and maintains cash reserves of £723.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	400,583	368,369	304,145	297,362	3,193,943	3,488,870	3,280,287	679,540	1,207,905	901,447	1,329,347	1,088,588	1,340,333	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	223,242	196,490	151,345	153,110	1,619,687	1,948,138	1,610,229	319,955	589,688	410,171	646,185	566,104	648,900	0
Gross Profit	177,341	171,880	152,799	144,252	1,574,256	1,540,732	1,670,058	359,585	618,216	491,276	683,162	522,483	691,433	0
Admin Expenses	96,073	203,109	176,173	-170,089	1,661,751	239,189	1,731,323	308,509	330,092	279,076	441,207	419,630	729,199	-789,042
Operating Profit	81,268	-31,229	-23,374	314,341	-87,495	1,301,543	-61,265	51,076	288,124	212,200	241,955	102,853	-37,766	789,042
Interest Payable	0	0	0	0	0	0	8,311	0	0	457	1,633	2,907	1,731	0
Interest Receivable	27,265	3,874	458	221	0	0	1,893	4,282	3,580	2,325	1,353	916	1,003	630
Pre-Tax Profit	108,533	-27,355	-22,916	314,562	-87,495	1,301,543	-67,683	55,358	291,704	214,069	241,675	100,862	-38,494	789,672
Tax	-27,133	0	0	-59,767	0	-247,293	0	-11,071	-61,258	-49,236	-58,002	-26,224	0	-221,108
Profit After Tax	81,400	-27,355	-22,916	254,795	-87,495	1,054,250	-67,683	44,286	230,446	164,833	183,673	74,638	-38,494	568,564
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	81,400	-27,355	-22,916	254,795	-87,495	1,054,250	-67,683	44,286	230,446	164,833	183,673	74,638	-38,494	568,564
Employee Costs	209,160	160,927	155,034	195,276	205,849	194,293	1,374,808	324,900	492,330	393,601	562,359	477,555	533,579	0
Number Of Employees	5	4	4	5	5	5	38	9	14	12	17	14	17	0
EBITDA*	137,092	27,597	2,969	340,684	-87,495	1,301,543	-5,206	117,996	356,132	292,262	329,820	197,025	35,128	849,349

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	463,648	584,783	641,953	253,650	299,093	328,464	378,036	436,088	474,108	530,727	580,227	623,466	521,489	340,462
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	11,000	30,046	30,046	30,046	0	0	19,046	19,046	19,046	19,046	19,046	19,046	19,046	19,046
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	474,648	614,829	671,999	283,696	299,093	328,464	397,082	455,134	493,154	549,773	599,273	642,512	540,535	359,508
Stock & work in progress	2,070	2,855	5,711	4,092	0	0	6,382	11,470	12,652	9,097	13,478	16,495	8,253	8,194
Trade Debtors	72,795	73,817	59,933	50,940	1,081,202	1,191,925	750,514	122,235	230,558	171,206	279,701	181,575	249,111	162,653
Group Debtors	240	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	485,826	390,531	435,543	467,566	0	0	0	0	0	0	0	0	0	3,988
Cash	723,851	559,228	473,962	441,492	0	0	627,469	886,984	825,758	606,044	324,151	217,196	149,222	251,972
misc current assets	0	0	0	0	18,110	16,330	0	0	0	0	0	0	0	0
total current assets	1,284,782	1,026,431	975,149	964,090	1,099,312	1,208,255	1,384,365	1,020,689	1,068,968	786,347	617,330	415,266	406,586	426,807
total assets	1,759,430	1,641,260	1,647,148	1,247,786	1,398,405	1,536,719	1,781,447	1,475,823	1,562,122	1,336,120	1,216,603	1,057,778	947,121	786,315
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	33,959	21,141	8,611	8,724	70,464	78,876	106,185	165,639	280,438	237,543	225,547	234,858	197,573	186,151
Group/Directors Accounts	0	238	2,160	2,160	0	0	0	0	0	0	0	0	0	0
other short term finances	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
other current liabilities	57,790	33,422	22,341	13,864	0	0	0	0	0	0	0	0	0	0
total current liabilities	91,749	54,801	33,112	24,748	70,464	78,876	106,185	165,639	280,438	237,543	225,547	234,858	197,573	186,151
loans	0	0	0	0	0	0	265,964	0	0	0	14,065	36,190	53,258	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	1,110	1,388	23,365	25,187	28,010	30,154	32,488	35,058	37,909	41,140	0	0
other liabilities	710	888	0	0	337,821	378,406	182,395	7,684	15,528	55,443	93,404	80,467	74,800	0
provisions	0	0	0	0	0	0	38,530	44,300	49,908	54,762	57,197	60,315	91,320	31,500
total long term liabilities	710	888	1,110	1,388	361,186	403,593	514,899	82,138	97,924	145,263	202,575	218,112	219,378	31,500
total liabilities	92,459	55,689	34,222	26,136	431,650	482,469	621,084	247,777	378,362	382,806	428,122	452,970	416,951	217,651
net assets	1,666,971	1,585,571	1,612,926	1,221,650	966,755	1,054,250	1,160,363	1,228,046	1,183,760	953,314	788,481	604,808	530,170	568,664
total shareholders funds	1,666,971	1,585,571	1,612,926	1,221,650	966,755	1,054,250	1,160,363	1,228,046	1,183,760	953,314	788,481	604,808	530,170	568,664

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	81,268	-31,229	-23,374	314,341	-87,495	1,301,543	-61,265	51,076	288,124	212,200	241,955	102,853	-37,766	789,042
Depreciation	55,824	58,826	26,343	26,343	0	0	56,059	66,920	68,008	80,062	87,865	94,172	72,894	60,307
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-27,133	0	0	-59,767	0	-247,293	0	-11,071	-61,258	-49,236	-58,002	-26,224	0	-221,108
Stock	-785	-2,856	1,619	4,092	0	0	-5,088	-1,182	3,555	-4,381	-3,017	8,242	59	8,194
Debtors	94,513	-31,128	-23,030	-562,696	-110,723	1,191,925	628,279	-108,323	59,352	-108,495	98,126	-67,536	82,470	166,641
Creditors	12,818	12,530	-113	-61,740	-8,412	78,876	-59,454	-114,799	42,895	11,996	-9,311	37,285	11,422	186,151
Accruals and Deferred Income	24,368	9,971	8,199	-8,113	-1,822	25,187	-2,144	-2,334	-2,570	-2,851	-3,231	41,140	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	-5,770	-5,608	-4,854	-2,435	-3,118	-31,005	59,820	31,500
Cash flow from operations	53,417	84,082	32,466	769,668	12,994	-33,612	-695,765	93,689	267,438	362,612	161,049	277,515	23,841	671,057
Investing Activities
capital expenditure	65,311	-1,656	-414,646	19,100	29,371	-328,464	1,993	-28,900	-11,389	-30,562	-44,626	-196,149	-253,921	-400,769
Change in Investments	-19,046	0	0	30,046	0	0	0	0	0	0	0	0	0	19,046
cash flow from investments	84,357	-1,656	-414,646	-10,946	29,371	-328,464	1,993	-28,900	-11,389	-30,562	-44,626	-196,149	-253,921	-419,815
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-238	-1,922	0	2,160	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	265,964	0	0	-14,065	-22,125	-17,068	53,258	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-178	888	0	-337,821	-40,585	378,406	174,711	-7,844	-39,915	-37,961	12,937	5,667	74,800	0
share issue	0	0	414,192	100	0	0	0	0	0	0	0	0	0	100
interest	27,265	3,874	458	221	0	0	-6,418	4,282	3,580	1,868	-280	-1,991	-728	630
cash flow from financing	26,849	2,840	414,650	-335,340	-40,585	378,406	434,257	-3,562	-36,335	-50,158	-9,468	-13,392	127,330	730
cash and cash equivalents
cash	164,623	85,266	32,470	441,492	0	0	-259,515	61,226	219,714	281,893	106,955	67,974	-102,750	251,972
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	164,623	85,266	32,470	441,492	0	0	-259,515	61,226	219,714	281,893	106,955	67,974	-102,750	251,972

P&L

April 2023

turnover

400.6k

+9%

operating profit

81.3k

gross margin

44.3%

-5.12%

turnover

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

Balance Sheet

April 2023

net assets

1.7m

+0.05%

total assets

1.8m

+0.07%

cash

723.9k

+0.29%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

leisure technical consultants limited

campbell associates limited

james fisher ndt limited

bja refrigeration consulting engineers limited

bureau veritas consumer products services uk limited

1.5

company number

01485784

Type

Private limited with Share Capital

industry

71200 - Technical testing and analysis

incorporation date

March 1980

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

argos inspection company limited(the) (October 1999)

letemcome limited (December 1980)

incorporated

address

inspection house, tower road glover estate, district 11, washington, tyne and wear, NE37 2SH

last accounts submitted

April 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 3 charges/mortgages relating to argos inspection company limited. Currently there are 1 open charges and 2 have been satisfied in the past.

argos inspection company limited Company Information

argos inspection company limited Estimated Valuation

argos inspection company limited Estimated Valuation

argos inspection company limited Estimated Valuation

Argos Inspection Company Limited AI Business Plan

Argos Inspection Company Limited Overview

Argos Inspection Company Limited Health Check

argos inspection company limited Credit Report and Business Information

Argos Inspection Company Limited Competitor Analysis

argos inspection company limited Ownership

argos inspection company limited directors

ARGOS INSPECTION COMPANY LIMITED financials

argos inspection company limited company details

argos inspection company limited Charges & Mortgages

argos inspection company limited Companies House Filings - See Documents