aeromet international limited

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aeromet international limited Company Information

Share AEROMET INTERNATIONAL LIMITED
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Company Number

01626585

Registered Address

aeromet building cosgrove close, worcester, WR3 8UA

Industry

Manufacture of metal structures and parts of structures

 

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 
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Telephone

01795415000

Next Accounts Due

September 2025

Group Structure

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Directors

Stephen Keating8 Years

Shareholders

pacific aerospace & electronics (uk) ltd 100%

aeromet international limited Estimated Valuation

£37.2m

Pomanda estimates the enterprise value of AEROMET INTERNATIONAL LIMITED at £37.2m based on a Turnover of £24.7m and 1.51x industry multiple (adjusted for size and gross margin).

aeromet international limited Estimated Valuation

£24.5m

Pomanda estimates the enterprise value of AEROMET INTERNATIONAL LIMITED at £24.5m based on an EBITDA of £3m and a 8.12x industry multiple (adjusted for size and gross margin).

aeromet international limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AEROMET INTERNATIONAL LIMITED at £0 based on Net Assets of £-10.2m and 1.8x industry multiple (adjusted for liquidity).

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Aeromet International Limited AI Business Plan

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Aeromet International Limited Overview

Aeromet International Limited is a live company located in worcester, WR3 8UA with a Companies House number of 01626585. It operates in the casting of light metals sector, SIC Code 24530. Founded in April 1982, it's largest shareholder is pacific aerospace & electronics (uk) ltd with a 100% stake. Aeromet International Limited is a mature, large sized company, Pomanda has estimated its turnover at £24.7m with high growth in recent years.

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Aeromet International Limited Health Check

Pomanda's financial health check has awarded Aeromet International Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £24.7m, make it larger than the average company (£15.1m)

£24.7m - Aeromet International Limited

£15.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (7.4%)

19% - Aeromet International Limited

7.4% - Industry AVG

production

Production

with a gross margin of 43.7%, this company has a lower cost of product (28.5%)

43.7% - Aeromet International Limited

28.5% - Industry AVG

profitability

Profitability

an operating margin of 9.9% make it more profitable than the average company (4.5%)

9.9% - Aeromet International Limited

4.5% - Industry AVG

employees

Employees

with 236 employees, this is above the industry average (97)

236 - Aeromet International Limited

97 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.4k, the company has an equivalent pay structure (£41k)

£36.4k - Aeromet International Limited

£41k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £104.8k, this is less efficient (£160.2k)

£104.8k - Aeromet International Limited

£160.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 63 days, this is near the average (61 days)

63 days - Aeromet International Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (46 days)

64 days - Aeromet International Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 107 days, this is more than average (49 days)

107 days - Aeromet International Limited

49 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (10 weeks)

8 weeks - Aeromet International Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 162.6%, this is a higher level of debt than the average (57.9%)

162.6% - Aeromet International Limited

57.9% - Industry AVG

aeromet international 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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Aeromet International Limited Competitor Analysis

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aeromet international limited Ownership

AEROMET INTERNATIONAL LIMITED Shareholders

pacific aerospace & electronics (uk) ltd 100%

aeromet international limited directors

Aeromet International Limited currently has 1 director, Mr Stephen Keating serving since Jul 2015.

officercountryagestartendrole
Mr Stephen KeatingEngland57 years Jul 2015- Director

AEROMET INTERNATIONAL LIMITED financials

EXPORTms excel logo

Aeromet International Limited's latest turnover from December 2023 is £24.7 million and the company has net assets of -£10.2 million. According to their latest financial statements, Aeromet International Limited has 236 employees and maintains cash reserves of £4 million 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
Turnover24,742,00016,690,00014,919,00014,555,00023,560,00021,640,00019,489,00019,395,00018,653,00019,245,00021,539,00018,846,00028,984,00028,920,00032,776,000
Other Income Or Grants000000000000000
Cost Of Sales13,932,0009,768,00010,052,00012,735,00022,781,00021,099,00017,675,00015,514,00016,586,00016,927,00018,084,00016,635,00025,016,00024,376,00026,931,000
Gross Profit10,810,0006,922,0004,867,0001,820,000779,000541,0001,814,0003,881,0002,067,0002,318,0003,455,0002,211,0003,968,0004,544,0005,845,000
Admin Expenses8,354,0007,762,0007,589,0007,771,0004,786,0004,849,0003,356,0003,060,0005,048,0002,988,0003,377,0002,543,0005,781,0002,982,0003,805,000
Operating Profit2,456,000-840,000-2,722,000-5,951,000-4,007,000-4,308,000-1,542,000821,000-2,981,000-670,00078,000-332,000-1,813,0001,562,0002,040,000
Interest Payable1,746,0001,535,0001,838,0001,315,0001,453,000662,000485,000459,000251,00055,00033,00035,00034,00032,000111,000
Interest Receivable163,00075,0000000000000000
Pre-Tax Profit1,834,000-1,197,000-4,254,000-2,560,000-2,074,000-5,522,000-2,138,000-294,000-3,512,000-725,00045,000-204,00012,209,0001,530,0001,929,000
Tax252,000490,000529,000778,0002,041,000130,000279,000-17,000414,000149,000-42,0008,000-107,000-493,000704,000
Profit After Tax2,086,000-707,000-3,725,000-1,782,000-33,000-5,392,000-1,859,000-311,000-3,098,000-576,0003,000-196,00012,102,0001,037,0002,633,000
Dividends Paid00000000000019,291,00000
Retained Profit2,086,000-707,000-3,725,000-1,782,000-33,000-5,392,000-1,859,000-311,000-3,098,000-576,0003,000-196,000-7,189,0001,037,0002,633,000
Employee Costs8,580,0007,007,0006,965,00010,049,00010,864,00013,553,0007,714,0007,248,0009,903,0008,116,0008,454,0007,487,00012,019,0009,816,00010,958,000
Number Of Employees236210211303374333263256270283294270367365410
EBITDA*3,017,000-241,000-2,141,000-4,987,000-3,313,000-3,669,000-995,0001,413,000-2,311,000-27,000688,000192,000-1,084,0002,343,0002,785,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,660,0002,327,0002,338,0002,853,0003,476,0002,642,0002,118,0002,562,0002,942,0003,159,0003,045,0002,385,0001,820,0002,857,0002,597,000
Intangible Assets0147,000265,000259,000111,000-177,00000070,000144,000218,000292,000366,000440,000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000959,0002,604,0002,604,000
Total Fixed Assets2,660,0002,474,0002,603,0003,112,0003,587,0002,465,0002,118,0002,562,0002,942,0003,229,0003,189,0002,603,0003,071,0005,827,0005,641,000
Stock & work in progress4,103,0003,513,0003,017,0003,806,0004,755,0006,197,0004,394,0006,222,0006,135,0006,023,0005,801,0005,473,0005,869,0007,751,0008,217,000
Trade Debtors4,286,0003,443,0002,969,0002,315,0004,972,0004,868,0003,762,0003,663,0003,177,0003,968,0004,591,0004,049,0003,797,0006,016,0006,578,000
Group Debtors00002,905,0003,810,0004,452,00010,126,00010,678,0002,464,0002,464,0002,464,0002,464,0002,464,0002,464,000
Misc Debtors1,230,0002,358,0001,526,0001,386,0005,971,0001,360,0001,093,000914,0001,085,000663,000661,0001,611,000246,000613,0001,296,000
Cash4,019,0001,453,0002,203,000634,000248,00097,0000321,00093,0003,322,0004,009,0004,359,0005,808,0002,224,000374,000
misc current assets000000000000000
total current assets13,638,00010,767,0009,715,0008,141,00018,851,00016,332,00013,701,00021,246,00021,168,00016,440,00017,526,00017,956,00018,184,00019,068,00018,929,000
total assets16,298,00013,241,00012,318,00011,253,00022,438,00018,797,00015,819,00023,808,00024,110,00019,669,00020,715,00020,559,00021,255,00024,895,00024,570,000
Bank overdraft000131,0005,704,0006,165,0005,358,0005,244,0004,539,000000000
Bank loan0000156,000432,000000000000
Trade Creditors 2,447,0002,762,0003,219,0003,092,0004,715,0004,000,0001,982,0001,946,0001,763,0002,380,0002,488,0002,646,0002,000,0002,838,0002,666,000
Group/Directors Accounts14,503,00013,538,00012,558,00011,417,00013,175,00010,122,0003,397,0008,728,0008,845,0003,494,0003,286,0003,145,000000
other short term finances4,0004,00034,000000254,000571,000243,000000000
hp & lease commitments133,000174,000174,000173,00000000000000
other current liabilities7,555,0003,851,0002,230,0001,744,0001,958,0001,896,000841,000985,0001,754,0001,133,0001,538,0001,368,0002,429,0001,272,0002,156,000
total current liabilities24,642,00020,329,00018,215,00016,557,00025,708,00022,615,00011,832,00017,474,00017,144,0007,007,0007,312,0007,159,0004,429,0004,110,0004,822,000
loans271,000884,0001,237,0000002,600,0002,953,0003,248,0005,896,0006,061,0006,061,0009,291,0006,061,0006,061,000
hp & lease commitments25,000129,000298,000516,000768,000187,000000000000
Accruals and Deferred Income0000000000111,000111,000111,000111,000111,000
other liabilities02,437,0002,137,0000000135,000161,000111,00000000
provisions002,370,0002,466,0002,424,0002,233,000000000000
total long term liabilities1,857,0005,041,0006,042,0002,982,0003,192,0002,420,0002,600,0003,088,0003,409,0006,007,0006,172,0006,172,0009,402,0006,172,0006,172,000
total liabilities26,499,00025,370,00024,257,00019,539,00028,900,00025,035,00014,432,00020,562,00020,553,00013,014,00013,484,00013,331,00013,831,00010,282,00010,994,000
net assets-10,201,000-12,129,000-11,939,000-8,286,000-6,462,000-6,238,0001,387,0003,246,0003,557,0006,655,0007,231,0007,228,0007,424,00014,613,00013,576,000
total shareholders funds-10,201,000-12,129,000-11,939,000-8,286,000-6,462,000-6,238,0001,387,0003,246,0003,557,0006,655,0007,231,0007,228,0007,424,00014,613,00013,576,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,456,000-840,000-2,722,000-5,951,000-4,007,000-4,308,000-1,542,000821,000-2,981,000-670,00078,000-332,000-1,813,0001,562,0002,040,000
Depreciation414,000534,000575,000805,000534,000520,000547,000592,000600,000569,000536,000450,000655,000707,000671,000
Amortisation147,00065,0006,000159,000160,000119,0000070,00074,00074,00074,00074,00074,00074,000
Tax252,000490,000529,000778,0002,041,000130,000279,000-17,000414,000149,000-42,0008,000-107,000-493,000704,000
Stock590,000496,000-789,000-949,000-1,442,0001,803,000-1,828,00087,000112,000222,000328,000-396,000-1,882,000-466,0008,217,000
Debtors-285,0001,306,000794,000-10,147,0003,810,000731,000-5,396,000-237,0007,845,000-621,000-408,000658,000-4,231,000-1,245,00012,942,000
Creditors-315,000-457,000127,000-1,623,000715,0002,018,00036,000183,000-617,000-108,000-158,000646,000-838,000172,0002,666,000
Accruals and Deferred Income3,704,0001,621,000486,000-214,00062,0001,055,000-144,000-769,000621,000-516,000170,000-1,061,0001,157,000-884,0002,267,000
Deferred Taxes & Provisions0-2,370,000-96,00042,000191,0002,233,000000000000
Cash flow from operations6,353,000-2,759,000-1,100,0005,092,000-2,672,000-767,0006,400,000960,000-9,850,000-103,000738,000-477,0005,241,0002,849,000-12,737,000
Investing Activities
capital expenditure-747,000-470,000-72,000-489,000-1,816,000-986,000-103,000-212,000-383,000-683,000-1,196,000-1,015,000382,000-967,000-3,782,000
Change in Investments000000000000000
cash flow from investments-747,000-470,000-72,000-489,000-1,816,000-986,000-103,000-212,000-383,000-683,000-1,196,000-1,015,000382,000-967,000-3,782,000
Financing Activities
Bank loans000-156,000-276,000432,000000000000
Group/Directors Accounts965,000980,0001,141,000-1,758,0003,053,0006,725,000-5,331,000-117,0005,351,000208,000141,0003,145,000000
Other Short Term Loans 0-30,00034,00000-254,000-317,000328,000243,000000000
Long term loans-613,000-353,0001,237,00000-2,600,000-353,000-295,000-2,648,000-165,0000-3,230,0003,230,00006,061,000
Hire Purchase and Lease Commitments-145,000-169,000-217,000-79,000581,000187,000000000000
other long term liabilities-2,437,000300,0002,137,000000-135,000-26,00050,000111,00000000
share issue-158,000517,00072,000-42,000-191,000-2,233,0000000000010,943,000
interest-1,583,000-1,460,000-1,838,000-1,315,000-1,453,000-662,000-485,000-459,000-251,000-55,000-33,000-35,000-34,000-32,000-111,000
cash flow from financing-3,971,000-215,0002,566,000-3,350,0001,714,0001,595,000-6,621,000-569,0002,745,00099,000108,000-120,0003,196,000-32,00016,893,000
cash and cash equivalents
cash2,566,000-750,0001,569,000386,000151,00097,000-321,000228,000-3,229,000-687,000-350,000-1,449,0003,584,0001,850,000374,000
overdraft00-131,000-5,573,000-461,000807,000114,000705,0004,539,000000000
change in cash2,566,000-750,0001,700,0005,959,000612,000-710,000-435,000-477,000-7,768,000-687,000-350,000-1,449,0003,584,0001,850,000374,000

P&L

December 2023

turnover

24.7m

+48%

operating profit

2.5m

-392%

gross margin

43.7%

+5.35%

turnover

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

Balance Sheet

December 2023

net assets

-10.2m

-0.16%

total assets

16.3m

+0.23%

cash

4m

+1.77%

net assets

Total assets minus all liabilities

aeromet international limited company details

company number

01626585

Type

Private limited with Share Capital

industry

24530 - Casting of light metals

25110 - Manufacture of metal structures and parts of structures

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

April 1982

age

42

accounts

Full Accounts

ultimate parent company

previous names

aeromet international plc (July 2015)

kent aerospace plc (August 1996)

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incorporated

UK

address

aeromet building cosgrove close, worcester, WR3 8UA

last accounts submitted

December 2023

aeromet international 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 11 charges/mortgages relating to aeromet international limited. Currently there are 3 open charges and 8 have been satisfied in the past.

charges

aeromet international limited Companies House Filings - See Documents

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