r.j. bateman (engineering) limited
r.j. bateman (engineering) limited Company Information
Company Number
01497923
Next Accounts
May 2025
Directors
Shareholders
sally michele bateman
executors of the estate of richard john bateman
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
bradbury house mission court, newport, gwent, NP20 2DW
r.j. bateman (engineering) limited Estimated Valuation
Pomanda estimates the enterprise value of R.J. BATEMAN (ENGINEERING) LIMITED at £18.4m based on a Turnover of £22m and 0.83x industry multiple (adjusted for size and gross margin).
r.j. bateman (engineering) limited Estimated Valuation
Pomanda estimates the enterprise value of R.J. BATEMAN (ENGINEERING) LIMITED at £11.5m based on an EBITDA of £2.1m and a 5.58x industry multiple (adjusted for size and gross margin).
r.j. bateman (engineering) limited Estimated Valuation
Pomanda estimates the enterprise value of R.J. BATEMAN (ENGINEERING) LIMITED at £18.8m based on Net Assets of £8.8m and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
R.j. Bateman (engineering) Limited Overview
R.j. Bateman (engineering) Limited is a live company located in gwent, NP20 2DW with a Companies House number of 01497923. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in May 1980, it's largest shareholder is sally michele bateman with a 50% stake. R.j. Bateman (engineering) Limited is a mature, large sized company, Pomanda has estimated its turnover at £22m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
R.j. Bateman (engineering) Limited Health Check
Pomanda's financial health check has awarded R.J. Bateman (Engineering) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £22m, make it larger than the average company (£12.9m)
£22m - R.j. Bateman (engineering) Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.7%)
3% - R.j. Bateman (engineering) Limited
4.7% - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (29.6%)
19.4% - R.j. Bateman (engineering) Limited
29.6% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (6.3%)
8.6% - R.j. Bateman (engineering) Limited
6.3% - Industry AVG
Employees
with 99 employees, this is above the industry average (69)
99 - R.j. Bateman (engineering) Limited
69 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£40.6k)
£45.3k - R.j. Bateman (engineering) Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £222.6k, this is more efficient (£175.9k)
£222.6k - R.j. Bateman (engineering) Limited
£175.9k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (56 days)
34 days - R.j. Bateman (engineering) Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (44 days)
31 days - R.j. Bateman (engineering) Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 145 days, this is more than average (70 days)
145 days - R.j. Bateman (engineering) Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (13 weeks)
28 weeks - R.j. Bateman (engineering) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.6%, this is a lower level of debt than the average (49.6%)
25.6% - R.j. Bateman (engineering) Limited
49.6% - Industry AVG
R.J. BATEMAN (ENGINEERING) LIMITED financials
R.J. Bateman (Engineering) Limited's latest turnover from August 2023 is £22 million and the company has net assets of £8.8 million. According to their latest financial statements, R.J. Bateman (Engineering) Limited has 99 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,037,400 | 20,130,325 | 19,901,206 | 19,975,585 | 16,187,757 | 15,582,261 | 11,285,216 | 13,978,425 | 14,719,487 | 14,317,507 | 14,421,234 | 15,148,787 | 14,541,365 | 12,163,451 | 11,980,516 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 17,772,054 | 16,076,123 | 14,993,199 | 16,002,458 | 12,287,505 | 12,181,178 | 8,768,722 | 10,875,430 | 11,112,516 | 10,221,904 | 10,565,463 | 10,741,930 | 10,353,021 | 9,121,916 | 9,422,150 |
| Gross Profit | 4,265,346 | 4,054,202 | 4,908,007 | 3,973,127 | 3,900,252 | 3,401,083 | 2,516,494 | 3,102,995 | 3,606,971 | 4,095,603 | 3,855,771 | 4,406,857 | 4,188,344 | 3,041,535 | 2,558,366 |
| Admin Expenses | 2,375,250 | 2,334,300 | 1,889,438 | 2,673,639 | 2,156,111 | 1,274,076 | 1,187,437 | 1,285,459 | 1,343,356 | 1,395,203 | 1,229,190 | 4,003,513 | 3,089,602 | 1,197,314 | 2,405,235 |
| Operating Profit | 1,890,096 | 1,719,902 | 3,018,569 | 1,299,488 | 1,744,141 | 2,127,007 | 1,329,057 | 1,817,536 | 2,263,615 | 2,700,400 | 2,626,581 | 403,344 | 1,098,742 | 1,844,221 | 153,131 |
| Interest Payable | 432,971 | ||||||||||||||
| Interest Receivable | 22,100 | 3,466 | 5,181 | 8,449 | 14,488 | 3,924 | 1,376 | 13,884 | 11,082 | 2,277 | 1,664 | 5,789 | 1,746 | 931 | 13,211 |
| Pre-Tax Profit | 1,912,196 | 1,723,368 | 3,023,750 | 1,307,937 | 1,325,658 | 2,130,931 | 1,330,433 | 1,831,420 | 2,274,697 | 2,702,677 | 2,628,245 | 409,133 | 1,100,488 | 1,845,152 | 166,342 |
| Tax | -223,131 | -188,757 | -298,192 | -190,233 | -317,074 | -346,021 | -330,136 | -354,014 | -410,569 | -606,735 | -617,903 | -83,566 | -286,284 | -536,336 | -64,373 |
| Profit After Tax | 1,689,065 | 1,534,611 | 2,725,558 | 1,117,704 | 1,008,584 | 1,784,910 | 1,000,297 | 1,477,406 | 1,864,128 | 2,095,942 | 2,010,342 | 325,567 | 814,204 | 1,308,816 | 101,969 |
| Dividends Paid | 2,050,000 | 100,000 | 2,000,000 | 750,000 | 400,000 | 2,000,000 | 500,000 | 1,350,000 | 2,800,000 | 300,000 | 200,000 | 200,000 | |||
| Retained Profit | -360,935 | 1,434,611 | 725,558 | 1,117,704 | 1,008,584 | 1,034,910 | 600,297 | -522,594 | 1,364,128 | 745,942 | 2,010,342 | -2,474,433 | 514,204 | 1,108,816 | -98,031 |
| Employee Costs | 4,488,387 | 4,058,188 | 3,800,984 | 4,463,790 | 3,902,877 | 2,562,939 | 2,426,490 | 2,535,005 | 2,572,033 | 2,491,939 | 2,490,482 | 4,996,451 | 4,129,391 | 2,385,722 | 3,362,062 |
| Number Of Employees | 99 | 90 | 85 | 89 | 79 | 67 | 66 | 67 | 67 | 66 | 66 | 68 | 68 | 64 | 66 |
| EBITDA* | 2,058,581 | 1,916,529 | 3,189,170 | 1,443,988 | 1,878,908 | 2,210,499 | 1,454,332 | 1,915,364 | 2,349,178 | 2,794,584 | 2,724,823 | 503,336 | 1,225,983 | 1,985,098 | 315,254 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 986,031 | 942,360 | 981,718 | 735,163 | 744,191 | 733,745 | 686,792 | 593,839 | 566,454 | 601,723 | 566,713 | 580,170 | 662,998 | 709,585 | 791,174 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 986,031 | 942,360 | 981,718 | 735,163 | 744,191 | 733,745 | 686,792 | 593,839 | 566,454 | 601,723 | 566,713 | 580,170 | 662,998 | 709,585 | 791,174 |
| Stock & work in progress | 7,106,037 | 6,200,980 | 4,886,016 | 4,500,475 | 3,840,984 | 2,797,309 | 3,074,585 | 2,962,514 | 3,074,728 | 3,745,047 | 2,303,344 | 2,165,923 | 1,584,279 | 1,469,288 | 1,247,550 |
| Trade Debtors | 2,081,450 | 1,611,235 | 991,997 | 1,599,927 | 1,181,011 | 2,427,226 | 1,774,574 | 1,773,633 | 2,136,422 | 2,473,372 | 3,294,170 | 900,532 | 1,639,993 | 1,293,261 | 1,502,727 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 65,602 | 72,633 | 84,723 | 698,399 | 564,711 | 66,742 | 64,634 | 66,269 | 55,706 | 46,201 | 39,287 | 43,755 | 60,885 | 44,505 | 42,422 |
| Cash | 1,588,056 | 3,026,847 | 2,911,580 | 2,892,084 | 3,517,036 | 2,820,964 | 2,006,543 | 2,027,381 | 3,881,082 | 1,334,252 | 2,695,069 | 5,234,867 | 2,918,295 | 1,251,305 | 589,527 |
| misc current assets | |||||||||||||||
| total current assets | 10,841,145 | 10,911,695 | 8,874,316 | 9,690,885 | 9,103,742 | 8,112,241 | 6,920,336 | 6,829,797 | 9,147,938 | 7,598,872 | 8,331,870 | 8,345,077 | 6,203,452 | 4,058,359 | 3,382,226 |
| total assets | 11,827,176 | 11,854,055 | 9,856,034 | 10,426,048 | 9,847,933 | 8,845,986 | 7,607,128 | 7,423,636 | 9,714,392 | 8,200,595 | 8,898,583 | 8,925,247 | 6,866,450 | 4,767,944 | 4,173,400 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,511,128 | 1,153,508 | 1,095,505 | 1,004,764 | 1,093,048 | 978,516 | 840,566 | 1,126,183 | 929,354 | 542,674 | 1,034,711 | 700,591 | 722,117 | 607,265 | 645,457 |
| Group/Directors Accounts | 979,547 | 1,132,196 | 1,335,497 | 2,852,709 | 2,917,630 | 3,197,018 | 2,341,571 | 56,972 | 448,743 | 543,843 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,382,499 | 1,423,294 | 917,538 | 2,380,156 | 1,825,274 | 519,399 | 245,838 | 270,410 | 718,189 | 825,216 | 1,508,850 | 4,723,994 | 2,440,643 | 582,410 | 979,903 |
| total current liabilities | 2,893,627 | 2,576,802 | 2,013,043 | 3,384,920 | 2,918,322 | 2,477,462 | 2,218,600 | 2,732,090 | 4,500,252 | 4,285,520 | 5,740,579 | 7,766,156 | 3,219,732 | 1,638,418 | 2,169,203 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 135,847 | 118,616 | 118,965 | 42,660 | 48,847 | 41,771 | 96,685 | 65,063 | 53,934 | 65,363 | 78,557 | 75,569 | 59,056 | ||
| total long term liabilities | 135,847 | 118,616 | 118,965 | 42,660 | 48,847 | 41,771 | 96,685 | 65,063 | 53,934 | 65,363 | 78,557 | 75,569 | 59,056 | ||
| total liabilities | 3,029,474 | 2,695,418 | 2,132,008 | 3,427,580 | 2,967,169 | 2,519,233 | 2,315,285 | 2,732,090 | 4,500,252 | 4,350,583 | 5,794,513 | 7,831,519 | 3,298,289 | 1,713,987 | 2,228,259 |
| net assets | 8,797,702 | 9,158,637 | 7,724,026 | 6,998,468 | 6,880,764 | 6,326,753 | 5,291,843 | 4,691,546 | 5,214,140 | 3,850,012 | 3,104,070 | 1,093,728 | 3,568,161 | 3,053,957 | 1,945,141 |
| total shareholders funds | 8,797,702 | 9,158,637 | 7,724,026 | 6,998,468 | 6,880,764 | 6,326,753 | 5,291,843 | 4,691,546 | 5,214,140 | 3,850,012 | 3,104,070 | 1,093,728 | 3,568,161 | 3,053,957 | 1,945,141 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,890,096 | 1,719,902 | 3,018,569 | 1,299,488 | 1,744,141 | 2,127,007 | 1,329,057 | 1,817,536 | 2,263,615 | 2,700,400 | 2,626,581 | 403,344 | 1,098,742 | 1,844,221 | 153,131 |
| Depreciation | 168,485 | 196,627 | 170,601 | 144,500 | 134,767 | 83,492 | 125,275 | 97,828 | 85,563 | 94,184 | 98,242 | 99,992 | 127,241 | 140,877 | 162,123 |
| Amortisation | |||||||||||||||
| Tax | -223,131 | -188,757 | -298,192 | -190,233 | -317,074 | -346,021 | -330,136 | -354,014 | -410,569 | -606,735 | -617,903 | -83,566 | -286,284 | -536,336 | -64,373 |
| Stock | 905,057 | 1,314,964 | 385,541 | 659,491 | 1,043,675 | -277,276 | 112,071 | -112,214 | -670,319 | 1,441,703 | 137,421 | 581,644 | 114,991 | 221,738 | 1,247,550 |
| Debtors | 463,184 | 607,148 | -1,221,606 | 552,604 | -748,246 | 654,760 | -694 | -352,226 | -327,445 | -813,884 | 2,389,170 | -756,591 | 363,112 | -207,383 | 1,545,149 |
| Creditors | 357,620 | 58,003 | 90,741 | -88,284 | 114,532 | 137,950 | -285,617 | 196,829 | 386,680 | -492,037 | 334,120 | -21,526 | 114,852 | -38,192 | 645,457 |
| Accruals and Deferred Income | -40,795 | 505,756 | -1,462,618 | 554,882 | 1,305,875 | 273,561 | -24,572 | -447,779 | -107,027 | -683,634 | -3,215,144 | 2,283,351 | 1,858,233 | -397,493 | 979,903 |
| Deferred Taxes & Provisions | 17,231 | -349 | 76,305 | -6,187 | 7,076 | -54,914 | 96,685 | -65,063 | 11,129 | -11,429 | -13,194 | 2,988 | 16,513 | 59,056 | |
| Cash flow from operations | 801,265 | 369,070 | 2,431,471 | 502,071 | 2,693,888 | 1,843,591 | 799,315 | 1,774,840 | 3,150,963 | 395,488 | -3,312,124 | 2,843,348 | 2,437,669 | 1,015,235 | -857,402 |
| Investing Activities | |||||||||||||||
| capital expenditure | -151,224 | -205,129 | -125,213 | -50,294 | -129,194 | -80,066 | -17,164 | -76,272 | -58,936 | -371,137 | |||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -151,224 | -205,129 | -125,213 | -50,294 | -129,194 | -80,066 | -17,164 | -76,272 | -58,936 | -371,137 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -979,547 | -152,649 | -203,301 | -1,517,212 | -64,921 | -279,388 | 855,447 | 2,284,599 | -391,771 | -95,100 | 543,843 | ||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 22,100 | 3,466 | 5,181 | 8,449 | -418,483 | 3,924 | 1,376 | 13,884 | 11,082 | 2,277 | 1,664 | 5,789 | 1,746 | 931 | 13,211 |
| cash flow from financing | 22,100 | 3,466 | 5,181 | -991,551 | -1,852,603 | -148,725 | -201,925 | -1,503,328 | -53,839 | -277,111 | 857,111 | 2,290,388 | -390,025 | -94,169 | 2,600,226 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,438,791 | 115,267 | 19,496 | -624,952 | 696,072 | 814,421 | -20,838 | -1,853,701 | 2,546,830 | -1,360,817 | -2,539,798 | 2,316,572 | 1,666,990 | 661,778 | 589,527 |
| overdraft | |||||||||||||||
| change in cash | -1,438,791 | 115,267 | 19,496 | -624,952 | 696,072 | 814,421 | -20,838 | -1,853,701 | 2,546,830 | -1,360,817 | -2,539,798 | 2,316,572 | 1,666,990 | 661,778 | 589,527 |
r.j. bateman (engineering) limited Credit Report and Business Information
R.j. Bateman (engineering) Limited Competitor Analysis
Perform a competitor analysis for r.j. bateman (engineering) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NP20 area or any other competitors across 12 key performance metrics.
r.j. bateman (engineering) limited Ownership
R.J. BATEMAN (ENGINEERING) LIMITED group structure
R.J. Bateman (Engineering) Limited has no subsidiary companies.
Ultimate parent company
R.J. BATEMAN (ENGINEERING) LIMITED
01497923
r.j. bateman (engineering) limited directors
R.J. Bateman (Engineering) Limited currently has 1 director, Mr Jason Bateman serving since Sep 2000.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Bateman | United Kingdom | 55 years | Sep 2000 | - | Director |
P&L
August 2023turnover
22m
+9%
operating profit
1.9m
+10%
gross margin
19.4%
-3.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
8.8m
-0.04%
total assets
11.8m
0%
cash
1.6m
-0.48%
net assets
Total assets minus all liabilities
r.j. bateman (engineering) limited company details
company number
01497923
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
May 1980
age
45
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
laylow limited (December 1981)
accountant
-
auditor
UHY HACKER YOUNG
address
bradbury house mission court, newport, gwent, NP20 2DW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
r.j. bateman (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 1 charges/mortgages relating to r.j. bateman (engineering) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
r.j. bateman (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 R.J. BATEMAN (ENGINEERING) LIMITED. This can take several minutes, an email will notify you when this has completed.
r.j. bateman (engineering) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
