
Company Number
02122932
Next Accounts
Dec 2025
Directors
Shareholders
mrs karen michelle ghaemi
mr massoud ghaemi
Group Structure
View All
Industry
Wholesale of other machinery and equipment
Registered Address
32 hylton drive, cheadle hulme, cheshire, SK8 7DH
Website
eieuk.comPomanda estimates the enterprise value of EURO INDUSTRIAL ENGINEERING LIMITED at £60.4k based on a Turnover of £180.8k and 0.33x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of EURO INDUSTRIAL ENGINEERING LIMITED at £0 based on an EBITDA of £-2.6k and a 3.41x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of EURO INDUSTRIAL ENGINEERING LIMITED at £0 based on Net Assets of £-18.3k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Euro Industrial Engineering Limited is a live company located in cheshire, SK8 7DH with a Companies House number of 02122932. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in April 1987, it's largest shareholder is mrs karen michelle ghaemi with a 50% stake. Euro Industrial Engineering Limited is a mature, micro sized company, Pomanda has estimated its turnover at £180.8k with healthy growth in recent years.
Pomanda's financial health check has awarded Euro Industrial Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £180.8k, make it smaller than the average company (£16.4m)
- Euro Industrial Engineering Limited
£16.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (10.1%)
- Euro Industrial Engineering Limited
10.1% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (28.8%)
- Euro Industrial Engineering Limited
28.8% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (5.3%)
- Euro Industrial Engineering Limited
5.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (39)
2 - Euro Industrial Engineering Limited
39 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Euro Industrial Engineering Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £90.4k, this is less efficient (£362.2k)
- Euro Industrial Engineering Limited
£362.2k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (62 days)
- Euro Industrial Engineering Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (34 days)
- Euro Industrial Engineering Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Euro Industrial Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Euro Industrial Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 395.4%, this is a higher level of debt than the average (55.6%)
395.4% - Euro Industrial Engineering Limited
55.6% - Industry AVG
Euro Industrial Engineering Limited's latest turnover from March 2024 is estimated at £180.8 thousand and the company has net assets of -£18.3 thousand. According to their latest financial statements, Euro Industrial Engineering Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 106,175 | 190,579 | 257,525 | ||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 74,429 | 148,913 | 236,228 | ||||||||||||
Gross Profit | 31,746 | 41,666 | 21,297 | ||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | -3,307 | -3,954 | -31,217 | ||||||||||||
Tax | |||||||||||||||
Profit After Tax | -3,307 | -3,954 | -31,217 | ||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | -3,307 | -3,954 | -31,217 | ||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 2 | 2 | 2 | 2 | 1 | 1 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 693 | 816 | 991 | 1,166 | 4,393 | 10,095 | 15,841 | 21,637 | 8,253 | 11,495 | 3,783 | 4,451 | 5,237 | 5,871 | 5,286 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 693 | 816 | 991 | 1,166 | 4,393 | 10,095 | 15,841 | 21,637 | 8,253 | 11,495 | 3,783 | 4,451 | 5,237 | 5,871 | 5,286 |
Stock & work in progress | 15,450 | 9,400 | |||||||||||||
Trade Debtors | 5,510 | 3,751 | 731 | 1,808 | 16,919 | 17,449 | 23,297 | 34,747 | 11,045 | 9,084 | 15,316 | 14,511 | 121,930 | 142,408 | 86,294 |
Group Debtors | |||||||||||||||
Misc Debtors | 399 | 292 | |||||||||||||
Cash | 1,612 | 30,714 | 39,631 | 73 | 771 | 3,639 | |||||||||
misc current assets | |||||||||||||||
total current assets | 5,510 | 3,751 | 731 | 1,808 | 16,919 | 17,449 | 23,297 | 34,747 | 28,107 | 39,798 | 24,716 | 54,142 | 122,402 | 143,471 | 89,933 |
total assets | 6,203 | 4,567 | 1,722 | 2,974 | 21,312 | 27,544 | 39,138 | 56,384 | 36,360 | 51,293 | 28,499 | 58,593 | 127,639 | 149,342 | 95,219 |
Bank overdraft | 16,389 | 16,105 | 6,266 | ||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 23,278 | 19,064 | 19,391 | 15,411 | 33,699 | 30,230 | 29,765 | 30,593 | 29,789 | 44,648 | 27,992 | 31,855 | 66,241 | 88,063 | 44,375 |
Group/Directors Accounts | 24,315 | 20,255 | 14,324 | ||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 410 | 1,328 | 2,709 | ||||||||||||
total current liabilities | 23,278 | 19,064 | 19,391 | 15,411 | 33,699 | 30,230 | 29,765 | 30,593 | 29,789 | 44,648 | 27,992 | 31,855 | 107,355 | 125,751 | 67,674 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | 1,250 | 1,250 | 1,000 | ||||||||||||
other liabilities | 11,049 | ||||||||||||||
provisions | |||||||||||||||
total long term liabilities | 1,250 | 1,250 | 1,000 | 11,049 | |||||||||||
total liabilities | 24,528 | 20,314 | 20,391 | 15,411 | 33,699 | 30,230 | 29,765 | 41,642 | 29,789 | 44,648 | 27,992 | 31,855 | 107,355 | 125,751 | 67,674 |
net assets | -18,325 | -15,747 | -18,669 | -12,437 | -12,387 | -2,686 | 9,373 | 14,742 | 6,571 | 6,645 | 507 | 26,738 | 20,284 | 23,591 | 27,545 |
total shareholders funds | -18,325 | -15,747 | -18,669 | -12,437 | -12,387 | -2,686 | 9,373 | 14,742 | 6,571 | 6,645 | 507 | 26,738 | 20,284 | 23,591 | 27,545 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 3,242 | 3,328 | 668 | 786 | 925 | 1,037 | 932 | ||||||||
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | -15,450 | 15,450 | -9,400 | 9,400 | |||||||||||
Debtors | 1,759 | 3,020 | -1,077 | -15,111 | -530 | -5,848 | -11,450 | 23,702 | 1,961 | -6,232 | 805 | -107,818 | -20,371 | 56,406 | 86,294 |
Creditors | 4,214 | -327 | 3,980 | -18,288 | 3,469 | 465 | -828 | 804 | -14,859 | 16,656 | -3,863 | -34,386 | -21,822 | 43,688 | 44,375 |
Accruals and Deferred Income | 250 | 1,000 | -410 | -918 | -1,381 | 2,709 | |||||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -24,315 | 4,060 | 5,931 | 14,324 | |||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -11,049 | 11,049 | |||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | 73,086 | ||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -1,612 | -29,102 | 30,714 | -39,631 | 39,558 | -698 | -2,868 | 3,639 | |||||||
overdraft | -16,389 | 284 | 9,839 | 6,266 | |||||||||||
change in cash | -1,612 | -29,102 | 30,714 | -39,631 | 55,947 | -982 | -12,707 | -2,627 |
Perform a competitor analysis for euro industrial engineering limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SK8 area or any other competitors across 12 key performance metrics.
EURO INDUSTRIAL ENGINEERING LIMITED group structure
Euro Industrial Engineering Limited has no subsidiary companies.
Ultimate parent company
EURO INDUSTRIAL ENGINEERING LIMITED
02122932
Euro Industrial Engineering Limited currently has 1 director, Mr Massoud Ghaemi serving since Dec 1991.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Massoud Ghaemi | England | 69 years | Dec 1991 | - | Director |
P&L
March 2024turnover
180.8k
+8%
operating profit
-2.6k
0%
gross margin
21.1%
+7.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-18.3k
+0.16%
total assets
6.2k
+0.36%
cash
0
0%
net assets
Total assets minus all liabilities
company number
02122932
Type
Private limited with Share Capital
industry
46690 - Wholesale of other machinery and equipment
incorporation date
April 1987
age
38
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
32 hylton drive, cheadle hulme, cheshire, SK8 7DH
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
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 1 charges/mortgages relating to euro industrial engineering limited. Currently there are 0 open charges and 1 have been satisfied in the past.
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 EURO INDUSTRIAL ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
date | description | view/download |
---|