perkins engines company limited

perkins engines company limited Company Information

Share PERKINS ENGINES COMPANY LIMITED
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Company Number

02089227

Industry

Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

 

Shareholders

caterpillar uk engines company limited

Group Structure

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Contact

Registered Address

eastfield frank perkins way, peterborough, PE1 5FQ

perkins engines company limited Estimated Valuation

£2.5b

Pomanda estimates the enterprise value of PERKINS ENGINES COMPANY LIMITED at £2.5b based on a Turnover of £1.7b and 1.44x industry multiple (adjusted for size and gross margin).

perkins engines company limited Estimated Valuation

£856.9m

Pomanda estimates the enterprise value of PERKINS ENGINES COMPANY LIMITED at £856.9m based on an EBITDA of £80.6m and a 10.63x industry multiple (adjusted for size and gross margin).

perkins engines company limited Estimated Valuation

£317.4m

Pomanda estimates the enterprise value of PERKINS ENGINES COMPANY LIMITED at £317.4m based on Net Assets of £124.2m and 2.56x industry multiple (adjusted for liquidity).

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Perkins Engines Company Limited Overview

Perkins Engines Company Limited is a live company located in peterborough, PE1 5FQ with a Companies House number of 02089227. It operates in the manufacture of engines and turbines, except aircraft, vehicle and cycle engines sector, SIC Code 28110. Founded in January 1987, it's largest shareholder is caterpillar uk engines company limited with a 100% stake. Perkins Engines Company Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.7b with healthy growth in recent years.

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Perkins Engines Company Limited Health Check

Pomanda's financial health check has awarded Perkins Engines Company Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £1.7b, make it larger than the average company (£25.7m)

£1.7b - Perkins Engines Company Limited

£25.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.4%)

15% - Perkins Engines Company Limited

5.4% - Industry AVG

production

Production

with a gross margin of 22.2%, this company has a comparable cost of product (21.2%)

22.2% - Perkins Engines Company Limited

21.2% - Industry AVG

profitability

Profitability

an operating margin of 2.7% make it less profitable than the average company (5.1%)

2.7% - Perkins Engines Company Limited

5.1% - Industry AVG

employees

Employees

with 3047 employees, this is above the industry average (141)

3047 - Perkins Engines Company Limited

141 - Industry AVG

paystructure

Pay Structure

on an average salary of £76.2k, the company has an equivalent pay structure (£66.1k)

£76.2k - Perkins Engines Company Limited

£66.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £561.2k, this is more efficient (£330.3k)

£561.2k - Perkins Engines Company Limited

£330.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 27 days, this is earlier than average (45 days)

27 days - Perkins Engines Company Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 44 days, this is close to average (42 days)

44 days - Perkins Engines Company Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 74 days, this is in line with average (74 days)

74 days - Perkins Engines Company Limited

74 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)

0 weeks - Perkins Engines Company Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.1%, this is a higher level of debt than the average (57.5%)

86.1% - Perkins Engines Company Limited

57.5% - Industry AVG

PERKINS ENGINES COMPANY LIMITED financials

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Perkins Engines Company Limited's latest turnover from December 2023 is £1.7 billion and the company has net assets of £124.2 million. According to their latest financial statements, Perkins Engines Company Limited has 3,047 employees and maintains cash reserves of £3.6 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
Turnover1,710,109,0001,722,501,0001,318,034,0001,126,573,0001,668,527,0001,470,572,0001,462,211,0001,177,069,0001,211,941,0001,503,600,0001,400,200,0001,316,510,0001,560,240,0001,153,160,000806,473,000
Other Income Or Grants000000000000000
Cost Of Sales1,331,107,0001,406,059,0001,043,012,0001,024,454,0001,379,512,0001,130,866,0001,135,413,000935,680,000978,095,0001,204,956,0001,139,338,0001,114,479,0001,284,193,0001,073,516,000785,847,000
Gross Profit379,002,000316,442,000275,022,000102,119,000289,015,000339,706,000326,798,000241,389,000233,846,000298,644,000260,862,000202,031,000276,047,00079,644,00020,626,000
Admin Expenses332,794,000400,811,000355,787,000264,331,000304,395,000316,160,000297,428,000223,498,000191,743,000241,754,000262,559,000269,664,000249,450,000105,049,00071,632,000
Operating Profit46,208,000-84,369,000-80,765,000-162,212,000-15,380,00023,546,00029,370,00017,891,00042,103,00056,890,000-1,697,000-67,633,00026,597,000-25,405,000-51,006,000
Interest Payable14,620,0006,131,000616,000261,000419,000460,000840,000603,000344,000282,0001,176,0002,416,0004,435,0002,418,0003,910,000
Interest Receivable219,000721,000394,000295,0002,119,0002,546,0002,047,0001,974,0001,358,000652,00049,000227,000454,0001,376,0000
Pre-Tax Profit31,807,000-89,779,000-80,987,000-162,178,000-13,680,00025,632,00030,577,00019,262,00043,117,00057,260,000-2,824,000-69,822,00022,616,000-32,600,000-54,916,000
Tax-6,796,0003,500,00021,763,00027,007,0001,711,000-5,610,000-6,984,0001,620,000-16,409,000-10,829,000-5,574,00010,173,000-10,231,0007,171,00028,948,000
Profit After Tax25,011,000-86,279,000-59,224,000-135,171,000-11,969,00020,022,00023,593,00020,882,00026,708,00046,431,000-8,398,000-59,649,00012,385,000-25,429,000-25,968,000
Dividends Paid000000000000000
Retained Profit25,011,000-86,279,000-59,224,000-135,171,000-11,969,00020,022,00023,593,00020,882,00026,708,00046,431,000-8,398,000-59,649,00012,385,000-25,429,000-25,968,000
Employee Costs232,106,000212,045,000190,439,000145,981,000160,301,000179,706,000167,210,000141,262,000155,165,000181,985,000166,961,000196,590,000203,203,000166,313,000128,513,000
Number Of Employees3,0473,0382,7102,6292,4862,4832,3062,2512,4952,5142,6232,9612,9902,8482,974
EBITDA*80,574,000-53,287,000-50,048,000-131,102,0008,451,00048,886,00055,561,00045,705,00074,999,00092,971,00039,636,000-7,176,00086,219,00031,014,0005,756,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets165,929,000155,583,000160,611,000162,743,000165,503,000149,621,000145,131,000140,625,000153,691,000169,130,000193,228,000217,517,000232,582,000236,329,000227,098,000
Intangible Assets33,854,00037,137,00039,710,00042,537,00010,401,0007,492,0005,183,0004,550,0004,338,0002,929,00003,770,00026,414,00049,058,00071,702,000
Investments & Other84,376,00084,376,00084,376,00084,376,00006,850,0006,850,0007,100,0007,100,0007,100,00000000
Debtors (Due After 1 year)0033,472,00022,090,00000000000000
Total Fixed Assets284,159,000277,096,000318,169,000311,746,000175,904,000163,963,000157,164,000152,275,000165,129,000179,159,000193,228,000221,287,000258,996,000285,387,000298,800,000
Stock & work in progress272,677,000283,019,000243,710,000167,583,000202,938,000189,696,000149,304,000101,367,000106,982,000135,961,000150,890,000146,888,000186,650,000146,027,00088,783,000
Trade Debtors129,051,000193,458,000176,312,000100,116,00034,645,00047,970,00038,702,00020,841,00015,610,00031,364,00013,021,00032,377,00020,897,000130,909,00072,478,000
Group Debtors144,001,000161,053,000135,136,000111,588,000287,004,000318,868,000348,829,000335,128,000253,554,000190,709,000112,700,000105,108,000612,542,000105,847,00057,826,000
Misc Debtors59,335,00092,684,00054,119,00068,645,00054,876,00069,295,00050,211,00025,457,00028,411,00068,535,00065,721,00067,448,00062,403,00088,927,00084,203,000
Cash3,645,0005,653,00034,489,00039,987,00067,735,0002,779,0004,040,000846,0002,681,0006,640,0007,747,0006,928,00011,533,000161,000104,000
misc current assets000000000000000
total current assets608,709,000735,867,000643,766,000487,919,000647,198,000628,608,000591,086,000483,639,000407,238,000433,209,000350,079,000358,749,000894,025,000471,871,000303,394,000
total assets892,868,0001,012,963,000961,935,000799,665,000823,102,000792,571,000748,250,000635,914,000572,367,000612,368,000543,307,000580,036,0001,153,021,000757,258,000602,194,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 164,076,000235,928,000220,677,000166,604,000221,462,000227,107,000205,293,000144,032,000134,680,000174,873,000182,829,000108,671,000168,554,00098,523,00060,398,000
Group/Directors Accounts374,517,000432,858,000255,801,000123,608,00063,147,00027,499,00036,999,00055,513,00029,245,00019,671,00031,228,00053,341,000531,964,000116,187,000102,727,000
other short term finances0097,501,000104,835,0000000000192,00044,00051,00023,000
hp & lease commitments00000000000003,00019,689,000
other current liabilities60,210,00046,672,00043,665,00019,119,00081,549,000100,480,00099,446,00066,804,00065,541,000107,208,00077,386,00062,276,00075,155,00057,116,00025,502,000
total current liabilities598,803,000715,458,000617,644,000414,166,000366,158,000355,086,000341,738,000266,349,000229,466,000301,752,000291,443,000224,480,000775,717,000271,880,000208,339,000
loans00000000000100,000,000100,000,000231,448,000113,967,000
hp & lease commitments000000000000006,530,000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions169,905,000201,507,000164,934,000149,868,00089,717,00058,213,00050,286,00040,310,00038,239,00037,000,00030,885,00030,354,00027,155,00019,785,00017,357,000
total long term liabilities169,905,000201,507,000164,934,000149,868,00089,717,00058,213,00050,286,00040,310,00038,239,00037,000,00030,885,000130,354,000127,155,000251,233,000137,854,000
total liabilities768,708,000916,965,000782,578,000564,034,000455,875,000413,299,000392,024,000306,659,000267,705,000338,752,000322,328,000354,834,000902,872,000523,113,000346,193,000
net assets124,160,00095,998,000179,357,000235,631,000367,227,000379,272,000356,226,000329,255,000304,662,000273,616,000220,979,000225,202,000250,149,000234,145,000256,001,000
total shareholders funds124,160,00095,998,000179,357,000235,631,000367,227,000379,272,000356,226,000329,255,000304,662,000273,616,000220,979,000225,202,000250,149,000234,145,000256,001,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit46,208,000-84,369,000-80,765,000-162,212,000-15,380,00023,546,00029,370,00017,891,00042,103,00056,890,000-1,697,000-67,633,00026,597,000-25,405,000-51,006,000
Depreciation25,524,00021,339,00022,084,00025,045,00022,216,00024,141,00025,390,00027,164,00032,447,00036,081,00037,563,00037,813,00036,978,00033,775,00034,118,000
Amortisation8,842,0009,743,0008,633,0006,065,0001,615,0001,199,000801,000650,000449,00003,770,00022,644,00022,644,00022,644,00022,644,000
Tax-6,796,0003,500,00021,763,00027,007,0001,711,000-5,610,000-6,984,0001,620,000-16,409,000-10,829,000-5,574,00010,173,000-10,231,0007,171,00028,948,000
Stock-10,342,00039,309,00076,127,000-35,355,00013,242,00040,392,00047,937,000-5,615,000-28,979,000-14,929,0004,002,000-39,762,00040,623,00057,244,00088,783,000
Debtors-114,808,00048,156,00096,600,000-74,086,000-59,608,000-1,609,00056,316,00083,851,0006,967,00099,166,000-13,491,000-490,909,000370,159,000111,176,000214,507,000
Creditors-71,852,00015,251,00054,073,000-54,858,000-5,645,00021,814,00061,261,0009,352,000-40,193,000-7,956,00074,158,000-59,883,00070,031,00038,125,00060,398,000
Accruals and Deferred Income13,538,0003,007,00024,546,000-62,430,000-18,931,0001,034,00032,642,0001,263,000-41,667,00029,822,00015,110,000-12,879,00018,039,00031,614,00025,502,000
Deferred Taxes & Provisions-31,602,00036,573,00015,066,00060,151,00031,504,0007,927,0009,976,0002,071,0001,239,0006,115,000531,0003,199,0007,370,0002,428,00017,357,000
Cash flow from operations109,012,000-82,421,000-107,327,000-51,791,00063,456,00035,268,00048,203,000-18,225,000-19,00025,886,000133,350,000464,105,000-239,354,000-58,068,000-165,329,000
Investing Activities
capital expenditure-41,429,000-23,481,000-25,758,000-60,486,000-42,622,000-32,139,000-31,330,000-14,960,000-18,866,000-14,912,000-13,274,000-22,748,000-33,231,000-43,006,000-355,562,000
Change in Investments00084,376,000-6,850,0000-250,000007,100,00000000
cash flow from investments-41,429,000-23,481,000-25,758,000-144,862,000-35,772,000-32,139,000-31,080,000-14,960,000-18,866,000-22,012,000-13,274,000-22,748,000-33,231,000-43,006,000-355,562,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-58,341,000177,057,000132,193,00060,461,00035,648,000-9,500,000-18,514,00026,268,0009,574,000-11,557,000-22,113,000-478,623,000415,777,00013,460,000102,727,000
Other Short Term Loans 0-97,501,000-7,334,000104,835,000000000-192,000148,000-7,00028,00023,000
Long term loans0000000000-100,000,0000-131,448,000117,481,000113,967,000
Hire Purchase and Lease Commitments000000000000-3,000-26,216,00026,219,000
other long term liabilities000000000000000
share issue3,151,0002,920,0002,950,0003,575,000-76,0003,024,0003,378,0003,711,0004,338,0006,206,0004,175,00034,702,0003,619,0003,573,000281,969,000
interest-14,401,000-5,410,000-222,00034,0001,700,0002,086,0001,207,0001,371,0001,014,000370,000-1,127,000-2,189,000-3,981,000-1,042,000-3,910,000
cash flow from financing-69,591,00077,066,000127,587,000168,905,00037,272,000-4,390,000-13,929,00031,350,00014,926,000-4,981,000-119,257,000-445,962,000283,957,000107,284,000520,995,000
cash and cash equivalents
cash-2,008,000-28,836,000-5,498,000-27,748,00064,956,000-1,261,0003,194,000-1,835,000-3,959,000-1,107,000819,000-4,605,00011,372,00057,000104,000
overdraft000000000000000
change in cash-2,008,000-28,836,000-5,498,000-27,748,00064,956,000-1,261,0003,194,000-1,835,000-3,959,000-1,107,000819,000-4,605,00011,372,00057,000104,000

perkins engines company limited Credit Report and Business Information

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Perkins Engines Company Limited Competitor Analysis

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Perform a competitor analysis for perkins engines company limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in PE1 area or any other competitors across 12 key performance metrics.

perkins engines company limited Ownership

PERKINS ENGINES COMPANY LIMITED group structure

Perkins Engines Company Limited has 1 subsidiary company.

Ultimate parent company

CATERPILLAR INC

#0004638

2 parents

PERKINS ENGINES COMPANY LIMITED

02089227

1 subsidiary

PERKINS ENGINES COMPANY LIMITED Shareholders

caterpillar uk engines company limited 100%

perkins engines company limited directors

Perkins Engines Company Limited currently has 6 directors. The longest serving directors include Jasbir Gill (Aug 2018) and Mr Steven Ferguson (Aug 2018).

officercountryagestartendrole
Jasbir Gill59 years Aug 2018- Director
Mr Steven Ferguson56 years Aug 2018- Director
Mr David Goldspink58 years Aug 2018- Director
Mr Richard Cotterell59 years May 2019- Director
Mr Jonathan Horn52 years Aug 2020- Director
Ms Kelly Zaduck48 years Jan 2021- Director

P&L

December 2023

turnover

1.7b

-1%

operating profit

46.2m

-155%

gross margin

22.2%

+20.64%

turnover

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

Balance Sheet

December 2023

net assets

124.2m

+0.29%

total assets

892.9m

-0.12%

cash

3.6m

-0.36%

net assets

Total assets minus all liabilities

perkins engines company limited company details

company number

02089227

Type

Private limited with Share Capital

industry

28110 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

incorporation date

January 1987

age

38

incorporated

UK

ultimate parent company

CATERPILLAR INC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

all wheel drive (sales) limited (February 1998)

all wheel drive limited (November 1987)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

eastfield frank perkins way, peterborough, PE1 5FQ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

perkins engines company 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 did not find charges/mortgages relating to perkins engines company limited.

perkins engines company limited Capital Raised & Share Issues BETA

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perkins engines company limited Companies House Filings - See Documents

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