avt reliability ltd Company Information
Company Number
01829338
Website
www.avtreliability.comRegistered Address
global technology centre, bradmarsh business park, rotherham, south yorkshire, S60 1BZ
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Management consultancy activities (other than financial management)
Telephone
01614863737
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
a e s engineering limited 100%
avt reliability ltd Estimated Valuation
Pomanda estimates the enterprise value of AVT RELIABILITY LTD at £4.3m based on a Turnover of £8.2m and 0.52x industry multiple (adjusted for size and gross margin).
avt reliability ltd Estimated Valuation
Pomanda estimates the enterprise value of AVT RELIABILITY LTD at £6.5m based on an EBITDA of £1.5m and a 4.24x industry multiple (adjusted for size and gross margin).
avt reliability ltd Estimated Valuation
Pomanda estimates the enterprise value of AVT RELIABILITY LTD at £11.9m based on Net Assets of £4.4m and 2.68x industry multiple (adjusted for liquidity).
Avt Reliability Ltd 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.
Avt Reliability Ltd Overview
Avt Reliability Ltd is a live company located in rotherham, S60 1BZ with a Companies House number of 01829338. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 1984, it's largest shareholder is a e s engineering limited with a 100% stake. Avt Reliability Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £8.2m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Avt Reliability Ltd Health Check
Pomanda's financial health check has awarded Avt Reliability Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £8.2m, make it larger than the average company (£2.4m)
£8.2m - Avt Reliability Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (3.3%)
3% - Avt Reliability Ltd
3.3% - Industry AVG
Production
with a gross margin of 30.9%, this company has a higher cost of product (41.7%)
30.9% - Avt Reliability Ltd
41.7% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (6.9%)
13.9% - Avt Reliability Ltd
6.9% - Industry AVG
Employees
with 68 employees, this is above the industry average (17)
68 - Avt Reliability Ltd
17 - Industry AVG
Pay Structure
on an average salary of £55.2k, the company has an equivalent pay structure (£50.4k)
£55.2k - Avt Reliability Ltd
£50.4k - Industry AVG
Efficiency
resulting in sales per employee of £120.6k, this is equally as efficient (£121.7k)
£120.6k - Avt Reliability Ltd
£121.7k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (69 days)
101 days - Avt Reliability Ltd
69 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (28 days)
11 days - Avt Reliability Ltd
28 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is more than average (33 days)
46 days - Avt Reliability Ltd
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (20 weeks)
17 weeks - Avt Reliability Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.2%, this is a lower level of debt than the average (58.3%)
28.2% - Avt Reliability Ltd
58.3% - Industry AVG
avt reliability ltd Credit Report and Business Information
Avt Reliability Ltd Competitor Analysis
Perform a competitor analysis for avt reliability ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
avt reliability ltd Ownership
AVT RELIABILITY LTD group structure
Avt Reliability Ltd has no subsidiary companies.
avt reliability ltd directors
Avt Reliability Ltd currently has 6 directors. The longest serving directors include Mr John Chappell (Feb 2005) and Mr Christopher Rea (Jan 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Chappell | 59 years | Feb 2005 | - | Director | |
Mr Christopher Rea | Great Britain | 70 years | Jan 2013 | - | Director |
Mr Stephen Shaw | 66 years | May 2016 | - | Director | |
Mr James Hamilton | 56 years | Apr 2018 | - | Director | |
Mrs Claire Dickinson | 39 years | Jul 2019 | - | Director | |
Mr Antony Gales | England | 45 years | May 2021 | - | Director |
AVT RELIABILITY LTD financials
Avt Reliability Ltd's latest turnover from December 2022 is £8.2 million and the company has net assets of £4.4 million. According to their latest financial statements, Avt Reliability Ltd has 68 employees and maintains cash reserves of £587 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 8,201,000 | 6,789,000 | 6,732,000 | 7,492,000 | 6,476,000 | 6,835,000 | 7,074,000 | 6,627,000 | 6,642,000 | 6,476,000 | 6,128,000 | 5,112,000 | ||
Other Income Or Grants | 0 | 16,000 | 13,000 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Cost Of Sales | 5,667,000 | 4,727,000 | 4,925,000 | 5,575,000 | 4,839,000 | 4,992,000 | 5,503,000 | 5,058,000 | 5,199,000 | 5,060,000 | 4,609,000 | 3,963,000 | ||
Gross Profit | 2,534,000 | 2,078,000 | 1,820,000 | 1,929,000 | 1,637,000 | 1,843,000 | 1,571,000 | 1,569,000 | 1,443,000 | 1,416,000 | 1,519,000 | 1,149,000 | ||
Admin Expenses | 1,398,000 | 1,635,000 | 1,619,000 | 1,589,000 | 1,326,000 | 1,250,000 | 1,080,000 | 1,395,000 | 1,312,000 | 1,205,000 | 1,056,000 | 875,000 | ||
Operating Profit | 1,136,000 | 443,000 | 201,000 | 340,000 | 311,000 | 593,000 | 491,000 | 174,000 | 131,000 | 211,000 | 463,000 | 274,000 | ||
Interest Payable | 0 | 0 | 0 | 8,000 | 10,000 | 16,000 | 17,000 | 30,000 | 18,000 | 17,000 | 12,000 | 12,000 | ||
Interest Receivable | 30,000 | 26,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Pre-Tax Profit | 1,166,000 | 469,000 | 201,000 | 332,000 | 301,000 | 577,000 | 474,000 | 144,000 | 113,000 | 194,000 | 451,000 | 262,000 | ||
Tax | -223,000 | -86,000 | -91,000 | -42,000 | -56,000 | -95,000 | -65,000 | -33,000 | -19,000 | -33,000 | -104,000 | -39,000 | ||
Profit After Tax | 943,000 | 383,000 | 110,000 | 290,000 | 245,000 | 482,000 | 409,000 | 111,000 | 94,000 | 161,000 | 347,000 | 223,000 | ||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Retained Profit | 943,000 | 383,000 | 110,000 | 290,000 | 245,000 | 482,000 | 409,000 | 111,000 | 94,000 | 161,000 | 347,000 | 223,000 | ||
Employee Costs | 3,753,000 | 3,352,000 | 3,623,000 | 4,025,000 | 3,655,000 | 3,854,000 | 3,998,000 | 4,202,000 | 4,263,000 | 4,151,000 | ||||
Number Of Employees | 68 | 66 | 74 | 79 | 76 | 84 | 95 | |||||||
EBITDA* | 1,534,000 | 856,000 | 699,000 | 830,000 | 683,000 | 892,000 | 676,000 | 326,000 | 266,000 | 422,000 | 687,000 | 168,533,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 258,000 | 362,000 | 500,000 | 594,000 | 760,000 | 641,000 | 504,000 | 450,000 | 183,000 | 243,000 | 359,000 | 383,000 | 353,922 | 129,837 |
Intangible Assets | 50,000 | 128,000 | 152,000 | 201,000 | 240,000 | 209,000 | 163,000 | 57,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 308,000 | 490,000 | 652,000 | 795,000 | 1,000,000 | 850,000 | 667,000 | 507,000 | 183,000 | 243,000 | 359,000 | 383,000 | 353,922 | 129,837 |
Stock & work in progress | 727,000 | 266,000 | 216,000 | 188,000 | 90,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 2,271,000 | 1,421,000 | 1,105,000 | 1,309,000 | 1,581,000 | 1,500,000 | 1,900,000 | 1,420,000 | 1,937,000 | 1,501,000 | 1,277,000 | 881,000 | 1,209,847 | 1,046,917 |
Group Debtors | 2,153,000 | 1,832,000 | 1,231,000 | 598,000 | 759,000 | 717,000 | 840,000 | 798,000 | 787,000 | 390,000 | 458,000 | 348,000 | 0 | 0 |
Misc Debtors | 127,000 | 229,000 | 288,000 | 304,000 | 270,000 | 429,000 | 308,000 | 215,000 | 262,000 | 155,000 | 99,000 | 193,000 | 0 | 0 |
Cash | 587,000 | 548,000 | 532,000 | 630,000 | 253,000 | 293,000 | 174,000 | 339,000 | 60,000 | 196,000 | 34,000 | 2,000 | 7,696 | 933 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,865,000 | 4,296,000 | 3,372,000 | 3,029,000 | 2,953,000 | 2,989,000 | 3,222,000 | 2,772,000 | 3,046,000 | 2,242,000 | 1,868,000 | 1,424,000 | 1,217,543 | 1,047,850 |
total assets | 6,173,000 | 4,786,000 | 4,024,000 | 3,824,000 | 3,953,000 | 3,839,000 | 3,889,000 | 3,279,000 | 3,229,000 | 2,485,000 | 2,227,000 | 1,807,000 | 1,571,465 | 1,177,687 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 86,000 | 331,000 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 180,000 | 237,000 | 88,000 | 97,000 | 132,000 | 14,000 | 143,000 | 210,000 | 203,000 | 144,000 | 171,000 | 147,000 | 856,240 | 514,623 |
Group/Directors Accounts | 177,000 | 151,000 | 246,000 | 38,000 | 583,000 | 693,000 | 842,000 | 937,000 | 984,000 | 378,000 | 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 | 1,000 | 8,000 | 12,000 | 40,000 | 36,000 | 27,000 | 0 | 0 |
other current liabilities | 1,387,000 | 912,000 | 587,000 | 696,000 | 535,000 | 674,000 | 927,000 | 553,000 | 544,000 | 518,000 | 666,000 | 373,000 | 0 | 0 |
total current liabilities | 1,744,000 | 1,300,000 | 921,000 | 831,000 | 1,250,000 | 1,381,000 | 1,913,000 | 1,708,000 | 1,743,000 | 1,080,000 | 959,000 | 878,000 | 856,240 | 514,623 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,000 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 30,000 | 43,000 | 67,000 | 38,000 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,458 | 63,601 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 17,800 | 331 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 30,000 | 43,000 | 67,000 | 75,000 | 84,258 | 63,932 |
total liabilities | 1,744,000 | 1,300,000 | 921,000 | 831,000 | 1,250,000 | 1,381,000 | 1,913,000 | 1,712,000 | 1,773,000 | 1,123,000 | 1,026,000 | 953,000 | 940,498 | 578,555 |
net assets | 4,429,000 | 3,486,000 | 3,103,000 | 2,993,000 | 2,703,000 | 2,458,000 | 1,976,000 | 1,567,000 | 1,456,000 | 1,362,000 | 1,201,000 | 854,000 | 630,967 | 599,132 |
total shareholders funds | 4,429,000 | 3,486,000 | 3,103,000 | 2,993,000 | 2,703,000 | 2,458,000 | 1,976,000 | 1,567,000 | 1,456,000 | 1,362,000 | 1,201,000 | 854,000 | 630,967 | 599,132 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 1,136,000 | 443,000 | 201,000 | 340,000 | 311,000 | 593,000 | 491,000 | 174,000 | 131,000 | 211,000 | 463,000 | 274,000 | ||
Depreciation | 236,000 | 309,000 | 347,000 | 355,000 | 308,000 | 253,000 | 162,000 | 152,000 | 135,000 | 211,000 | 224,000 | 168,259,000 | 105,342 | 59,067 |
Amortisation | 162,000 | 104,000 | 151,000 | 135,000 | 64,000 | 46,000 | 23,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | -223,000 | -86,000 | -91,000 | -42,000 | -56,000 | -95,000 | -65,000 | -33,000 | -19,000 | -33,000 | -104,000 | -39,000 | ||
Stock | 461,000 | 50,000 | 28,000 | 98,000 | 90,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 1,069,000 | 858,000 | 413,000 | -399,000 | -36,000 | -402,000 | 615,000 | -553,000 | 940,000 | 212,000 | 412,000 | 212,153 | 162,930 | 1,046,917 |
Creditors | -57,000 | 149,000 | -9,000 | -35,000 | 118,000 | -129,000 | -67,000 | 7,000 | 59,000 | -27,000 | 24,000 | -709,240 | 341,617 | 514,623 |
Accruals and Deferred Income | 475,000 | 325,000 | -109,000 | 161,000 | -139,000 | -253,000 | 374,000 | 9,000 | 26,000 | -148,000 | 293,000 | 373,000 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | 2,200 | 17,469 | 331 |
Cash flow from operations | 199,000 | 336,000 | 49,000 | 1,215,000 | 552,000 | 817,000 | 303,000 | -608,000 | 2,000 | 468,000 | 167,947,807 | |||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 26,000 | -95,000 | 208,000 | -545,000 | -110,000 | -149,000 | -95,000 | -47,000 | 606,000 | 378,000 | 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 | 0 | 0 | 0 | 0 | -17,000 | 17,000 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -1,000 | -11,000 | -30,000 | -41,000 | -20,000 | 38,000 | 65,000 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -66,458 | 2,857 | 63,601 |
share issue | ||||||||||||||
interest | 30,000 | 26,000 | 0 | -8,000 | -10,000 | -16,000 | -17,000 | -30,000 | -18,000 | -17,000 | -12,000 | -12,000 | ||
cash flow from financing | 56,000 | -69,000 | 208,000 | -553,000 | -120,000 | -166,000 | -123,000 | -107,000 | 547,000 | 341,000 | 9,000 | 3,575 | ||
cash and cash equivalents | ||||||||||||||
cash | 39,000 | 16,000 | -98,000 | 377,000 | -40,000 | 119,000 | -165,000 | 279,000 | -136,000 | 162,000 | 32,000 | -5,696 | 6,763 | 933 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -86,000 | -245,000 | 331,000 | 0 | 0 |
change in cash | 39,000 | 16,000 | -98,000 | 377,000 | -40,000 | 119,000 | -165,000 | 279,000 | -136,000 | 248,000 | 277,000 | -336,696 | 6,763 | 933 |
P&L
December 2022turnover
8.2m
+21%
operating profit
1.1m
+156%
gross margin
30.9%
+0.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.4m
+0.27%
total assets
6.2m
+0.29%
cash
587k
+0.07%
net assets
Total assets minus all liabilities
avt reliability ltd company details
company number
01829338
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
70229 - Management consultancy activities (other than financial management)
incorporation date
July 1984
age
40
accounts
Full Accounts
ultimate parent company
previous names
a v technology limited (August 2018)
incorporated
UK
address
global technology centre, bradmarsh business park, rotherham, south yorkshire, S60 1BZ
last accounts submitted
December 2022
avt reliability ltd 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 4 charges/mortgages relating to avt reliability ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
avt reliability ltd Companies House Filings - See Documents
date | description | view/download |
---|