Pomanda estimates the enterprise value of AIRBAGS INTERNATIONAL LIMITED at £51.5m based on a Turnover of £67.6m and 0.76x industry multiple (adjusted for size and gross margin).
airbags international limitedEstimated Valuation
£26.4m
Pomanda estimates the enterprise value of AIRBAGS INTERNATIONAL LIMITED at £26.4m based on an EBITDA of £3.5m and a 7.63x industry multiple (adjusted for size and gross margin).
airbags international limitedEstimated Valuation
£43.2m
Pomanda estimates the enterprise value of AIRBAGS INTERNATIONAL LIMITED at £43.2m based on Net Assets of £24.1m and 1.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Airbags International LimitedOverview
Airbags International Limited is a live company located in cheshire, CW12 1TT with a Companies House number of 01958326. It operates in the manufacture of other parts and accessories for motor vehicles sector, SIC Code 29320. Founded in November 1985, it's largest shareholder is
autoliv uk holding ltd
with a 100% stake. Airbags International Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£67.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Airbags International Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
9 Strong
0 Regular
3 Weak
Size
annual sales of £67.6m, make it larger than the average company (£20.5m)
£67.6m - Airbags International Limited
£20.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (-2.6%)
8% - Airbags International Limited
-2.6% - Industry AVG
Production
with a gross margin of 28.3%, this company has a lower cost of product (19.9%)
28.3% - Airbags International Limited
19.9% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (3.4%)
1.6% - Airbags International Limited
3.4% - Industry AVG
Employees
with 215 employees, this is above the industry average (119)
215 - Airbags International Limited
119 - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has a higher pay structure (£40.1k)
£53.8k - Airbags International Limited
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £314.2k, this is more efficient (£168.9k)
£314.2k - Airbags International Limited
£168.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (52 days)
1 days - Airbags International Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (43 days)
69 days - Airbags International Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is less than average (66 days)
49 days - Airbags International Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (8 weeks)
6 weeks - Airbags International Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.8%, this is a lower level of debt than the average (58%)
37.8% - Airbags International Limited
58% - Industry AVG
AIRBAGS INTERNATIONAL LIMITED financials
EXPORT
Airbags International Limited's latest turnover from December 2022 is £67.6 million and the company has net assets of £24.1 million. According to their latest financial statements, Airbags International Limited has 215 employees and maintains cash reserves of £1.4 million 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
67,554,000
52,603,000
45,494,000
54,220,000
56,070,000
55,133,000
53,831,000
52,959,000
47,550,000
52,781,000
55,833,000
63,201,000
66,297,000
73,321,000
Other Income Or Grants
Cost Of Sales
48,418,000
37,472,000
30,481,000
38,412,000
38,734,000
38,973,000
37,123,000
37,552,000
33,105,000
38,559,000
40,577,000
45,263,000
42,234,000
46,725,000
Gross Profit
19,136,000
15,131,000
15,013,000
15,808,000
17,336,000
16,160,000
16,708,000
15,407,000
14,445,000
14,222,000
15,256,000
17,938,000
24,063,000
26,596,000
Admin Expenses
18,075,000
14,482,000
13,270,000
14,204,000
15,651,000
15,015,000
13,490,000
12,439,000
12,027,000
11,499,000
12,081,000
15,239,000
15,644,000
17,256,000
Operating Profit
1,061,000
649,000
1,743,000
1,604,000
1,685,000
1,145,000
3,218,000
2,968,000
2,418,000
2,723,000
3,175,000
2,699,000
8,419,000
9,340,000
Interest Payable
1,061,000
885,000
1,096,000
1,358,000
1,238,000
1,300,000
1,446,000
39,000
1,415,000
1,293,000
1,305,000
1,660,000
1,414,000
1,335,000
Interest Receivable
1,123,000
931,000
1,187,000
1,472,000
1,301,000
1,326,000
1,601,000
132,000
1,476,000
1,418,000
1,467,000
1,735,000
1,382,000
1,247,000
Pre-Tax Profit
1,123,000
695,000
1,834,000
1,718,000
1,748,000
1,171,000
3,373,000
3,061,000
2,377,000
2,848,000
3,337,000
2,774,000
8,387,000
9,252,000
Tax
-75,000
-560,000
-403,000
-308,000
-339,000
-206,000
-371,000
-631,000
-779,000
-750,000
-1,347,000
-752,000
-2,572,000
-1,777,000
Profit After Tax
1,048,000
135,000
1,431,000
1,410,000
1,409,000
965,000
3,002,000
2,430,000
1,598,000
2,098,000
1,990,000
2,022,000
5,815,000
7,475,000
Dividends Paid
Retained Profit
1,048,000
135,000
1,431,000
1,410,000
1,409,000
965,000
3,002,000
2,430,000
1,598,000
2,098,000
1,990,000
2,022,000
5,815,000
7,475,000
Employee Costs
11,571,000
10,126,000
10,157,000
10,281,000
10,395,000
10,674,000
11,346,000
10,984,000
9,715,000
9,529,000
9,293,000
9,861,000
8,429,000
9,364,000
Number Of Employees
215
203
208
218
225
230
240
221
212
223
231
236
241
282
EBITDA*
3,464,000
3,159,000
4,222,000
4,045,000
4,560,000
3,538,000
4,933,000
4,432,000
3,673,000
3,987,000
5,008,000
5,477,000
11,735,000
13,189,000
* 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
15,161,000
14,994,000
15,791,000
17,317,000
17,616,000
18,906,000
19,345,000
14,033,000
10,786,000
10,503,000
10,912,000
11,414,000
12,612,000
15,148,000
Intangible Assets
34,000
71,000
108,000
145,000
182,000
220,000
Investments & Other
2,897,000
1,998,000
912,000
2,794,000
3,211,000
3,824,000
2,273,000
4,970,000
2,921,000
970,000
1,656,000
1,538,000
1,213,000
1,080,000
Debtors (Due After 1 year)
Total Fixed Assets
18,058,000
16,992,000
16,703,000
20,111,000
20,827,000
22,730,000
21,618,000
19,003,000
13,741,000
11,544,000
12,676,000
13,097,000
14,007,000
16,448,000
Stock & work in progress
6,620,000
4,694,000
3,714,000
4,643,000
5,065,000
4,629,000
3,731,000
3,246,000
3,687,000
3,926,000
4,029,000
3,272,000
2,447,000
3,444,000
Trade Debtors
360,000
235,000
60,000
54,000
171,000
161,000
318,000
182,000
270,000
137,000
134,000
46,000
87,000
75,000
Group Debtors
10,170,000
9,301,000
8,866,000
7,991,000
9,190,000
6,127,000
4,299,000
7,717,000
6,723,000
5,576,000
4,627,000
6,681,000
11,171,000
26,203,000
Misc Debtors
2,211,000
1,408,000
1,397,000
2,068,000
1,387,000
1,181,000
1,111,000
1,442,000
962,000
2,378,000
2,825,000
3,794,000
3,930,000
4,145,000
Cash
1,373,000
332,000
269,000
927,000
131,000
139,000
10,000
294,000
137,000
161,000
360,000
208,000
201,000
107,000
misc current assets
total current assets
20,734,000
15,970,000
14,306,000
15,683,000
15,944,000
12,237,000
9,469,000
12,881,000
11,779,000
12,178,000
11,975,000
14,001,000
17,836,000
33,974,000
total assets
38,792,000
32,962,000
31,009,000
35,794,000
36,771,000
34,967,000
31,087,000
31,884,000
25,520,000
23,722,000
24,651,000
27,098,000
31,843,000
50,422,000
Bank overdraft
79,000
752,000
659,000
1,057,000
1,369,000
1,707,000
3,075,000
1,944,000
7,696,000
8,453,000
Bank loan
Trade Creditors
9,160,000
4,453,000
3,769,000
4,759,000
3,601,000
4,470,000
3,929,000
5,049,000
2,546,000
2,555,000
2,465,000
3,087,000
3,080,000
4,405,000
Group/Directors Accounts
584,000
763,000
290,000
3,293,000
4,925,000
2,286,000
860,000
623,000
809,000
628,000
600,000
154,000
270,000
3,387,000
other short term finances
hp & lease commitments
other current liabilities
2,149,000
1,971,000
1,976,000
1,580,000
2,663,000
2,496,000
2,796,000
1,905,000
2,012,000
2,173,000
3,084,000
2,371,000
3,479,000
2,246,000
total current liabilities
11,893,000
7,187,000
6,035,000
9,632,000
11,268,000
10,004,000
8,244,000
8,634,000
6,736,000
7,063,000
9,224,000
7,556,000
14,525,000
18,491,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
2,787,000
2,458,000
1,679,000
1,716,000
1,493,000
1,570,000
1,158,000
1,552,000
513,000
503,000
499,000
548,000
574,000
1,053,000
total long term liabilities
2,787,000
2,458,000
1,679,000
1,716,000
1,493,000
1,570,000
1,158,000
1,552,000
513,000
503,000
499,000
548,000
574,000
1,053,000
total liabilities
14,680,000
9,645,000
7,714,000
11,348,000
12,761,000
11,574,000
9,402,000
10,186,000
7,249,000
7,566,000
9,723,000
8,104,000
15,099,000
19,544,000
net assets
24,112,000
23,317,000
23,295,000
24,446,000
24,010,000
23,393,000
21,685,000
21,698,000
18,271,000
16,156,000
14,928,000
18,994,000
16,744,000
30,878,000
total shareholders funds
24,112,000
23,317,000
23,295,000
24,446,000
24,010,000
23,393,000
21,685,000
21,698,000
18,271,000
16,156,000
14,928,000
18,994,000
16,744,000
30,878,000
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
1,061,000
649,000
1,743,000
1,604,000
1,685,000
1,145,000
3,218,000
2,968,000
2,418,000
2,723,000
3,175,000
2,699,000
8,419,000
9,340,000
Depreciation
2,403,000
2,510,000
2,479,000
2,441,000
2,875,000
2,393,000
1,715,000
1,430,000
1,218,000
1,227,000
1,796,000
2,741,000
3,278,000
3,812,000
Amortisation
34,000
37,000
37,000
37,000
37,000
38,000
37,000
Tax
-75,000
-560,000
-403,000
-308,000
-339,000
-206,000
-371,000
-631,000
-779,000
-750,000
-1,347,000
-752,000
-2,572,000
-1,777,000
Stock
1,926,000
980,000
-929,000
-422,000
436,000
898,000
485,000
-441,000
-239,000
-103,000
757,000
825,000
-997,000
3,444,000
Debtors
1,797,000
621,000
210,000
-635,000
3,279,000
1,741,000
-3,613,000
1,386,000
-136,000
505,000
-2,935,000
-4,667,000
-15,235,000
30,423,000
Creditors
4,707,000
684,000
-990,000
1,158,000
-869,000
541,000
-1,120,000
2,503,000
-9,000
90,000
-622,000
7,000
-1,325,000
4,405,000
Accruals and Deferred Income
178,000
-5,000
396,000
-1,083,000
167,000
-300,000
891,000
-107,000
-161,000
-911,000
713,000
-1,108,000
1,233,000
2,246,000
Deferred Taxes & Provisions
329,000
779,000
-37,000
223,000
-77,000
412,000
-394,000
1,039,000
10,000
4,000
-49,000
-26,000
-479,000
1,053,000
Cash flow from operations
4,880,000
2,456,000
3,907,000
5,092,000
-273,000
1,346,000
7,067,000
6,291,000
3,109,000
2,018,000
5,881,000
7,440,000
24,824,000
-14,751,000
Investing Activities
capital expenditure
-2,570,000
-1,713,000
-953,000
-2,142,000
-1,585,000
-1,954,000
-7,027,000
-4,677,000
-1,501,000
-818,000
-1,294,000
-1,543,000
-742,000
-19,217,000
Change in Investments
899,000
1,086,000
-1,882,000
-417,000
-613,000
1,551,000
-2,697,000
2,049,000
1,951,000
-686,000
118,000
325,000
133,000
1,080,000
cash flow from investments
-3,469,000
-2,799,000
929,000
-1,725,000
-972,000
-3,505,000
-4,330,000
-6,726,000
-3,452,000
-132,000
-1,412,000
-1,868,000
-875,000
-20,297,000
Financing Activities
Bank loans
Group/Directors Accounts
-179,000
473,000
-3,003,000
-1,632,000
2,639,000
1,426,000
237,000
-186,000
181,000
28,000
446,000
-116,000
-3,117,000
3,387,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-253,000
-113,000
-2,582,000
-974,000
-792,000
743,000
-3,015,000
997,000
517,000
-870,000
-6,056,000
228,000
-19,949,000
23,403,000
interest
62,000
46,000
91,000
114,000
63,000
26,000
155,000
93,000
61,000
125,000
162,000
75,000
-32,000
-88,000
cash flow from financing
-370,000
406,000
-5,494,000
-2,492,000
1,910,000
2,195,000
-2,623,000
904,000
759,000
-717,000
-5,448,000
187,000
-23,098,000
26,702,000
cash and cash equivalents
cash
1,041,000
63,000
-658,000
796,000
-8,000
129,000
-284,000
157,000
-24,000
-199,000
152,000
7,000
94,000
107,000
overdraft
-79,000
-673,000
93,000
-398,000
-312,000
-338,000
-1,368,000
1,131,000
-5,752,000
-757,000
8,453,000
change in cash
1,041,000
63,000
-658,000
875,000
665,000
36,000
114,000
469,000
314,000
1,169,000
-979,000
5,759,000
851,000
-8,346,000
airbags international limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for airbags international limited. Get real-time insights into airbags international limited's credit score, group structure and payment trends.
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airbags international limited Ownership
AIRBAGS INTERNATIONAL LIMITED group structure
Airbags International Limited has 1 subsidiary company.
The sole shareholder of Airbags International Limited is Autoliv Uk Holding Ltd.
autoliv uk holding ltd
100%
airbags international limited directors
Airbags International Limited currently has 2 directors.
The longest serving directors include
Ms Rebekah Rollo (Apr 2020) and
Mr Christopher Moorhouse (Nov 2022).
29320 - Manufacture of other parts and accessories for motor vehicles
incorporation date
November 1985
age
40
incorporated
UK
ultimate parent company
AUTOLIV INC
accounts
Full Accounts
last accounts submitted
December 2022
previous names
andal properties limited (October 1989)
accountant
-
auditor
ERNST & YOUNG LLP
address
viking way, congleton, cheshire, CW12 1TT
Bank
NORDEA BANK
Legal Advisor
-
airbags 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 2 charges/mortgages relating to airbags international limited. Currently there are 0 open charges and 2 have been satisfied in the past.
airbags international 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 AIRBAGS INTERNATIONAL LIMITED. This can take several minutes, an email will notify you when this has completed.
airbags international limitedCompanies House Filings - See Documents
