a. i. g. engineering limited

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a. i. g. engineering limited Company Information

Share A. I. G. ENGINEERING LIMITED

Company Number

01538893

Shareholders

rhoburt ltd

Group Structure

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Industry

Manufacture of metal structures and parts of structures

 

Registered Address

station yard styal, wilmslow, cheshire, SK9 4JW

a. i. g. engineering limited Estimated Valuation

£327.9k

Pomanda estimates the enterprise value of A. I. G. ENGINEERING LIMITED at £327.9k based on a Turnover of £670.5k and 0.49x industry multiple (adjusted for size and gross margin).

a. i. g. engineering limited Estimated Valuation

£244.9k

Pomanda estimates the enterprise value of A. I. G. ENGINEERING LIMITED at £244.9k based on an EBITDA of £65.1k and a 3.76x industry multiple (adjusted for size and gross margin).

a. i. g. engineering limited Estimated Valuation

£371.2k

Pomanda estimates the enterprise value of A. I. G. ENGINEERING LIMITED at £371.2k based on Net Assets of £184.1k and 2.02x industry multiple (adjusted for liquidity).

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A. I. G. Engineering Limited Overview

A. I. G. Engineering Limited is a live company located in cheshire, SK9 4JW with a Companies House number of 01538893. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in January 1981, it's largest shareholder is rhoburt ltd with a 100% stake. A. I. G. Engineering Limited is a mature, small sized company, Pomanda has estimated its turnover at £670.5k with declining growth in recent years.

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A. I. G. Engineering Limited Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £670.5k, make it smaller than the average company (£14.1m)

£670.5k - A. I. G. Engineering Limited

£14.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (11.7%)

-15% - A. I. G. Engineering Limited

11.7% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)

25.4% - A. I. G. Engineering Limited

25.4% - Industry AVG

profitability

Profitability

an operating margin of 9% make it more profitable than the average company (6.7%)

9% - A. I. G. Engineering Limited

6.7% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (79)

5 - A. I. G. Engineering Limited

79 - Industry AVG

paystructure

Pay Structure

on an average salary of £43k, the company has an equivalent pay structure (£43k)

£43k - A. I. G. Engineering Limited

£43k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £134.1k, this is less efficient (£180.4k)

£134.1k - A. I. G. Engineering Limited

£180.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (59 days)

77 days - A. I. G. Engineering Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 73 days, this is slower than average (50 days)

73 days - A. I. G. Engineering Limited

50 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 7 days, this is less than average (39 days)

7 days - A. I. G. Engineering Limited

39 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - A. I. G. Engineering Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.7%, this is a higher level of debt than the average (54.2%)

64.7% - A. I. G. Engineering Limited

54.2% - Industry AVG

A. I. G. ENGINEERING LIMITED financials

EXPORTms excel logo

A. I. G. Engineering Limited's latest turnover from December 2023 is estimated at £670.5 thousand and the company has net assets of £184.1 thousand. According to their latest financial statements, A. I. G. Engineering Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover670,473355,755395,3871,081,5701,151,3542,190,0722,050,6172,928,0732,172,1793,494,9123,279,1723,561,1913,841,7163,298,145
Other Income Or Grants
Cost Of Sales500,279270,145304,552821,608855,4431,626,1601,506,8712,130,4101,592,5682,593,6772,437,8942,651,4552,882,3142,410,913
Gross Profit170,19485,61090,835259,962295,911563,912543,745797,663579,611901,235841,277909,737959,402887,232
Admin Expenses109,91970,505143,844226,426354,874595,182576,622804,767578,655971,051825,700971,007936,338861,806-551,524
Operating Profit60,27515,105-53,00933,536-58,963-31,270-32,877-7,104956-69,81615,577-61,27023,06425,426551,524
Interest Payable14,04111,7305,6533,9942,732
Interest Receivable8141141515
Pre-Tax Profit46,2353,456-58,62129,556-61,695-31,270-32,877-7,104956-69,81615,577-61,25523,08025,426551,524
Tax-11,559-657-5,616-191-3,583-6,001-7,119-154,427
Profit After Tax34,6762,799-58,62123,940-61,695-31,270-32,877-7,104765-69,81611,994-61,25517,07918,307397,097
Dividends Paid
Retained Profit34,6762,799-58,62123,940-61,695-31,270-32,877-7,104765-69,81611,994-61,25517,07918,307397,097
Employee Costs215,184201,416187,202371,043378,687613,596562,255797,177563,136857,397764,613861,666970,053881,966
Number Of Employees5551010171623172624273129
EBITDA*65,14218,035-49,49337,490-55,010-27,258-32,877-7,1048,677-62,82622,034-52,35140,21142,943565,421

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets20,40915,44618,37615,36419,31821,27125,28330,29636,37736,09832,95027,40734,06748,19034,218
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets20,40915,44618,37615,36419,31821,27125,28330,29636,37736,09832,95027,40734,06748,19034,218
Stock & work in progress10,58720,50012,22416,90525,56525,56525,56525,56525,56519,30117,59218,24018,24058,917
Trade Debtors142,63323,758128,827176,462609,047591,686671,732621,726971,427914,002993,4381,090,937911,040703,655
Group Debtors347,788360,991385,391496,295486,331
Misc Debtors1,583
Cash4,60028,1386,166
misc current assets2,8622,797
total current assets501,008405,249402,215670,165689,941634,612617,251671,732647,291999,854936,1001,011,0301,115,343929,280762,572
total assets521,417420,695420,591685,529709,259655,883642,534702,028683,6681,035,952969,0501,038,4371,149,410977,470796,790
Bank overdraft97,22472,77691,89580,952
Bank loan10,80010,800
Trade Creditors 101,08262,27151,422326,794330,937412,863368,244394,961363,270718,155576,747659,269708,181560,647398,274
Group/Directors Accounts4,59710,0154,6904,6904,690
other short term finances
hp & lease commitments3,580
other current liabilities94,54988,32381,625103,470116,045
total current liabilities307,235238,767234,957430,264527,934412,863368,244394,961363,270718,155581,437663,959712,871560,647398,274
loans25,52832,48538,99050,000
hp & lease commitments4,535
Accruals and Deferred Income
other liabilities
provisions6,1274,2914,2913,1503,9561,3191,319
total long term liabilities30,06332,48538,99050,0006,1274,2914,2913,1503,9561,3191,319
total liabilities337,298271,252273,947480,264527,934412,863368,244394,961369,397722,446585,728667,109716,827561,966399,593
net assets184,119149,443146,644205,265181,325243,020274,290307,067314,271313,506383,322371,328432,583415,504397,197
total shareholders funds184,119149,443146,644205,265181,325243,020274,290307,067314,271313,506383,322371,328432,583415,504397,197
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit60,27515,105-53,00933,536-58,963-31,270-32,877-7,104956-69,81615,577-61,27023,06425,426551,524
Depreciation4,8672,9303,5163,9543,9534,0127,7216,9906,4578,91917,14717,51713,897
Amortisation
Tax-11,559-657-5,616-191-3,583-6,001-7,119-154,427
Stock-9,9138,276-4,681-8,66025,565-25,5656,2641,709-648-40,67758,917
Debtors105,672-642-239,731-39,25455,329-8,204-54,48150,006-349,70157,425-79,436-97,499179,897207,385703,655
Creditors38,81110,849-275,372-4,143-81,92644,619-26,71731,691-354,885141,408-82,522-48,912147,534162,373398,274
Accruals and Deferred Income6,2266,698-21,845-12,575116,045
Deferred Taxes & Provisions-6,1271,8361,141-8062,6371,319
Cash flow from operations2,86127,291-102,29863,070-76,22025,565-30,678-5,9815,13814,89314,797-3,9224,48431,48948,015
Investing Activities
capital expenditure-9,830-6,528-2,0005,0136,081-8,000-10,138-12,000-2,259-3,024-31,489-48,115
Change in Investments
cash flow from investments-9,830-6,528-2,0005,0136,081-8,000-10,138-12,000-2,259-3,024-31,489-48,115
Financing Activities
Bank loans10,800
Group/Directors Accounts-4,597-5,41810,015-4,6904,690
Other Short Term Loans
Long term loans-6,957-6,505-11,01050,000
Hire Purchase and Lease Commitments8,115
other long term liabilities
share issue100-100100
interest-14,041-11,649-5,612-3,980-2,7321515
cash flow from financing-17,480-12,772-6,60746,020-2,732100-100-4,690154,705100
cash and cash equivalents
cash-4,600-23,53828,138-6,1666,166
overdraft24,448-19,11991,895-80,95280,952
change in cash-24,44814,519-115,433109,090-80,952-6,1666,166

a. i. g. engineering limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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A. I. G. Engineering Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for a. i. g. engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SK9 area or any other competitors across 12 key performance metrics.

a. i. g. engineering limited Ownership

A. I. G. ENGINEERING LIMITED group structure

A. I. G. Engineering Limited has no subsidiary companies.

Ultimate parent company

1 parent

A. I. G. ENGINEERING LIMITED

01538893

A. I. G. ENGINEERING LIMITED Shareholders

rhoburt ltd 100%

a. i. g. engineering limited directors

A. I. G. Engineering Limited currently has 2 directors. The longest serving directors include Mr Bernard Rhodes (Sep 2022) and Mr Steven Rhodes (Oct 2024).

officercountryagestartendrole
Mr Bernard RhodesEngland84 years Sep 2022- Director
Mr Steven RhodesUnited Kingdom57 years Oct 2024- Director

P&L

December 2023

turnover

670.5k

+88%

operating profit

60.3k

0%

gross margin

25.4%

+5.48%

turnover

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

Balance Sheet

December 2023

net assets

184.1k

+0.23%

total assets

521.4k

+0.24%

cash

0

0%

net assets

Total assets minus all liabilities

a. i. g. engineering limited company details

company number

01538893

Type

Private limited with Share Capital

industry

25110 - Manufacture of metal structures and parts of structures

incorporation date

January 1981

age

44

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

a.g. systems limited (April 1992)

accountant

BUXTON ACCOUNTING LLP

auditor

-

address

station yard styal, wilmslow, cheshire, SK9 4JW

Bank

BARCLAYS BANK PLC

Legal Advisor

-

a. i. g. 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 2 charges/mortgages relating to a. i. g. engineering limited. Currently there are 1 open charges and 1 have been satisfied in the past.

a. i. g. 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 A. I. G. ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.

a. i. g. engineering limited Companies House Filings - See Documents

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