euravia engineering & supply co. limited
euravia engineering & supply co. limited Company Information
Company Number
02239011
Next Accounts
Sep 2025
Shareholders
magellan aerospace ltd
Group Structure
View All
Industry
Repair and maintenance of aircraft and spacecraft
Registered Address
euravia house colne road, kelbrook, lancashire, BB18 6SN
Website
www.euravia.aeroeuravia engineering & supply co. limited Estimated Valuation
Pomanda estimates the enterprise value of EURAVIA ENGINEERING & SUPPLY CO. LIMITED at £14.1m based on a Turnover of £20.6m and 0.68x industry multiple (adjusted for size and gross margin).
euravia engineering & supply co. limited Estimated Valuation
Pomanda estimates the enterprise value of EURAVIA ENGINEERING & SUPPLY CO. LIMITED at £9m based on an EBITDA of £1.6m and a 5.69x industry multiple (adjusted for size and gross margin).
euravia engineering & supply co. limited Estimated Valuation
Pomanda estimates the enterprise value of EURAVIA ENGINEERING & SUPPLY CO. LIMITED at £39.3m based on Net Assets of £15.1m and 2.6x industry multiple (adjusted for liquidity).
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Euravia Engineering & Supply Co. Limited Overview
Euravia Engineering & Supply Co. Limited is a live company located in lancashire, BB18 6SN with a Companies House number of 02239011. It operates in the repair and maintenance of aircraft and spacecraft sector, SIC Code 33160. Founded in April 1988, it's largest shareholder is magellan aerospace ltd with a 100% stake. Euravia Engineering & Supply Co. Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.6m with healthy growth in recent years.
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Euravia Engineering & Supply Co. Limited Health Check
Pomanda's financial health check has awarded Euravia Engineering & Supply Co. Limited a 5 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
5 Strong
4 Regular
3 Weak
Size
annual sales of £20.6m, make it larger than the average company (£12.4m)
£20.6m - Euravia Engineering & Supply Co. Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (-0.6%)
9% - Euravia Engineering & Supply Co. Limited
-0.6% - Industry AVG
Production
with a gross margin of 15.8%, this company has a higher cost of product (24.1%)
15.8% - Euravia Engineering & Supply Co. Limited
24.1% - Industry AVG
Profitability
an operating margin of 6.5% make it as profitable than the average company (6.3%)
6.5% - Euravia Engineering & Supply Co. Limited
6.3% - Industry AVG
Employees
with 99 employees, this is similar to the industry average (89)
99 - Euravia Engineering & Supply Co. Limited
89 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has a lower pay structure (£50.2k)
£38.6k - Euravia Engineering & Supply Co. Limited
£50.2k - Industry AVG
Efficiency
resulting in sales per employee of £208.2k, this is more efficient (£148.8k)
£208.2k - Euravia Engineering & Supply Co. Limited
£148.8k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (44 days)
38 days - Euravia Engineering & Supply Co. Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is close to average (22 days)
19 days - Euravia Engineering & Supply Co. Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 296 days, this is more than average (65 days)
296 days - Euravia Engineering & Supply Co. Limited
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Euravia Engineering & Supply Co. Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.6%, this is a lower level of debt than the average (59.3%)
37.6% - Euravia Engineering & Supply Co. Limited
59.3% - Industry AVG
EURAVIA ENGINEERING & SUPPLY CO. LIMITED financials
Euravia Engineering & Supply Co. Limited's latest turnover from December 2023 is £20.6 million and the company has net assets of £15.1 million. According to their latest financial statements, Euravia Engineering & Supply Co. Limited has 99 employees and maintains cash reserves of £641 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,610,000 | 18,794,000 | 16,201,000 | 16,024,391 | 19,117,054 | 21,953,202 | 20,328,407 | 17,639,620 | 13,660,922 | 14,019,324 | 12,259,920 | 10,952,447 | 8,202,240 | 9,464,349 | 6,987,062 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 17,356,000 | 15,548,000 | 13,181,000 | 13,356,409 | 15,691,297 | 16,851,120 | 15,976,857 | 12,970,664 | 9,853,118 | 8,154,564 | 7,256,569 | 6,466,232 | 4,684,707 | ||
| Gross Profit | 3,254,000 | 3,246,000 | 3,020,000 | 2,667,982 | 3,425,757 | 5,102,082 | 4,351,550 | 4,668,956 | 3,807,804 | 5,864,760 | 5,003,351 | 4,486,215 | 3,517,533 | ||
| Admin Expenses | 1,925,000 | 1,029,000 | 2,046,000 | 2,532,239 | 3,088,082 | 3,217,284 | 3,734,313 | 2,824,716 | 2,799,193 | 2,505,879 | 2,226,710 | 2,013,251 | 1,813,129 | ||
| Operating Profit | 1,329,000 | 2,217,000 | 974,000 | 135,743 | 337,675 | 1,884,798 | 617,237 | 1,844,240 | 1,008,611 | 3,358,881 | 2,776,641 | 2,472,964 | 1,704,404 | 940,252 | 695,734 |
| Interest Payable | 343,000 | 162,000 | 67,000 | 172,555 | 199,596 | 148,273 | 160,129 | 64,449 | 4,033 | 9,308 | 13,209 | 19,792 | 31,910 | ||
| Interest Receivable | 199,000 | 110,000 | 58,000 | 14 | 11,821 | 27,725 | 209 | 17,908 | 1,385 | 1,514 | 7,676 | ||||
| Pre-Tax Profit | 1,185,000 | 2,165,000 | 965,000 | -36,812 | 138,079 | 1,736,525 | 457,108 | 1,779,805 | 1,016,399 | 3,386,606 | 2,767,542 | 2,477,663 | 1,685,997 | 909,856 | 703,410 |
| Tax | -242,000 | -359,000 | -230,000 | -34,101 | -120,326 | -331,081 | -143,143 | -376,678 | -184,179 | -760,617 | -642,728 | -568,196 | -486,003 | -190,141 | -192,947 |
| Profit After Tax | 943,000 | 1,806,000 | 735,000 | -70,913 | 17,753 | 1,405,444 | 313,965 | 1,403,127 | 832,220 | 2,625,989 | 2,124,814 | 1,909,467 | 1,199,994 | 719,715 | 510,463 |
| Dividends Paid | 5,400,769 | 100,000 | 75,000 | 75,000 | 100,000 | 1,000,000 | |||||||||
| Retained Profit | 943,000 | 1,806,000 | 735,000 | -70,913 | 17,753 | 1,405,444 | 313,965 | 1,403,127 | -4,568,549 | 2,625,989 | 2,024,814 | 1,834,467 | 1,124,994 | 619,715 | -489,537 |
| Employee Costs | 3,822,000 | 3,248,000 | 3,454,000 | 4,100,547 | 4,565,155 | 4,429,364 | 4,430,000 | 3,277,411 | 2,716,405 | 2,382,212 | 1,962,040 | 1,849,760 | 1,503,688 | 1,399,836 | 1,345,446 |
| Number Of Employees | 99 | 84 | 85 | 92 | 107 | 106 | 108 | 83 | 69 | 62 | 58 | 55 | 52 | 51 | 48 |
| EBITDA* | 1,590,000 | 2,459,000 | 1,411,000 | 531,882 | 741,350 | 2,328,487 | 1,043,959 | 2,061,379 | 1,195,522 | 3,567,975 | 2,971,854 | 2,718,208 | 1,891,879 | 1,181,304 | 895,361 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,488,000 | 2,555,000 | 2,280,000 | 2,562,399 | 2,256,756 | 2,501,948 | 2,757,252 | 2,743,461 | 865,302 | 1,008,406 | 1,045,443 | 1,157,512 | 1,182,222 | 847,303 | 1,004,486 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 225,000 | 225,000 | 225,000 | 460,000 | 517,500 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,488,000 | 2,780,000 | 2,505,000 | 2,562,399 | 2,481,756 | 2,501,948 | 2,757,252 | 2,743,461 | 865,302 | 1,468,406 | 1,562,943 | 1,157,512 | 1,182,222 | 847,303 | 1,004,486 |
| Stock & work in progress | 14,077,000 | 13,072,000 | 11,223,000 | 10,629,674 | 12,064,073 | 11,194,672 | 11,321,595 | 8,877,598 | 5,752,378 | 3,715,424 | 1,820,033 | 2,011,933 | 1,649,566 | 876,520 | 402,823 |
| Trade Debtors | 2,163,000 | 1,549,000 | 1,991,000 | 2,606,292 | 2,273,722 | 4,309,665 | 2,402,194 | 3,772,984 | 4,329,310 | 3,820,323 | 2,554,903 | 1,482,709 | 2,836,620 | 2,996,572 | 1,747,568 |
| Group Debtors | 4,062,000 | 3,637,000 | 2,249,000 | 366 | 713 | 1,018 | 5,871 | ||||||||
| Misc Debtors | 771,000 | 966,000 | 739,000 | 750,775 | 412,354 | 913,287 | 666,080 | 260,466 | 142,815 | 364,422 | 158,275 | 54,427 | 51,700 | 137,885 | 64,669 |
| Cash | 641,000 | 1,266,000 | 1,118,000 | 3,011,490 | 2,526,060 | 1,622,266 | 2,135,282 | 1,835,419 | 991,673 | 6,874,839 | 7,021,202 | 6,778,278 | 4,692,574 | 3,436,060 | 2,473,968 |
| misc current assets | 130,342 | 121,645 | 115,412 | 76,808 | 670,000 | 1,342,457 | |||||||||
| total current assets | 21,714,000 | 20,490,000 | 17,320,000 | 16,998,597 | 17,276,922 | 18,040,908 | 16,531,022 | 14,746,467 | 11,216,176 | 14,905,350 | 11,676,058 | 10,442,759 | 9,307,268 | 8,117,037 | 6,031,485 |
| total assets | 24,202,000 | 23,270,000 | 19,825,000 | 19,560,996 | 19,758,678 | 20,542,856 | 19,288,274 | 17,489,928 | 12,081,478 | 16,373,756 | 13,239,001 | 11,600,271 | 10,489,490 | 8,964,340 | 7,035,971 |
| Bank overdraft | 3,000 | 14,000 | 10,908 | 35,689 | 30,511 | 61,109 | 8,472 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 947,000 | 692,000 | 675,000 | 712,920 | 1,022,902 | 1,602,597 | 1,671,183 | 1,473,941 | 1,163,106 | 1,197,422 | 768,370 | 1,103,434 | 2,229,463 | 2,119,276 | 534,886 |
| Group/Directors Accounts | 4,909,000 | 5,214,000 | 4,436,000 | 2,500,543 | 3,200,899 | 3,380,737 | 3,904,070 | 2,234,262 | 1,376,701 | 183,074 | 168,888 | 464,273 | 776,145 | ||
| other short term finances | 2,317,868 | 2,392,892 | 2,477,971 | 2,342,059 | |||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,124,000 | 2,781,000 | 1,903,000 | 2,233,621 | 1,160,636 | 932,315 | 544,523 | 3,519,763 | 588,958 | 1,630,896 | 1,549,259 | 1,397,993 | 1,012,767 | 434,013 | 387,620 |
| total current liabilities | 8,980,000 | 8,690,000 | 7,028,000 | 7,775,860 | 7,813,018 | 8,424,131 | 8,522,944 | 7,236,438 | 3,128,765 | 2,828,318 | 2,317,629 | 2,684,501 | 3,411,118 | 3,017,562 | 1,698,651 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 125,000 | 298,000 | 56,000 | 13,396 | 21,434 | 45,610 | 47,533 | 66,745 | 63,814 | 57,214 | 67,471 | ||||
| total long term liabilities | 125,000 | 298,000 | 56,000 | 13,396 | 21,434 | 45,610 | 47,533 | 66,745 | 63,814 | 57,214 | 67,471 | ||||
| total liabilities | 9,105,000 | 8,988,000 | 7,084,000 | 7,775,860 | 7,813,018 | 8,424,131 | 8,522,944 | 7,249,834 | 3,150,199 | 2,873,928 | 2,365,162 | 2,751,246 | 3,474,932 | 3,074,776 | 1,766,122 |
| net assets | 15,097,000 | 14,282,000 | 12,741,000 | 11,785,136 | 11,945,660 | 12,118,725 | 10,765,330 | 10,240,094 | 8,931,279 | 13,499,828 | 10,873,839 | 8,849,025 | 7,014,558 | 5,889,564 | 5,269,849 |
| total shareholders funds | 15,097,000 | 14,282,000 | 12,741,000 | 11,785,136 | 11,945,660 | 12,118,725 | 10,765,330 | 10,240,094 | 8,931,279 | 13,499,828 | 10,873,839 | 8,849,025 | 7,014,558 | 5,889,564 | 5,269,849 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,329,000 | 2,217,000 | 974,000 | 135,743 | 337,675 | 1,884,798 | 617,237 | 1,844,240 | 1,008,611 | 3,358,881 | 2,776,641 | 2,472,964 | 1,704,404 | 940,252 | 695,734 |
| Depreciation | 261,000 | 242,000 | 437,000 | 396,139 | 403,675 | 443,689 | 426,722 | 217,139 | 186,911 | 209,094 | 195,213 | 245,244 | 187,475 | 241,052 | 199,627 |
| Amortisation | |||||||||||||||
| Tax | -242,000 | -359,000 | -230,000 | -34,101 | -120,326 | -331,081 | -143,143 | -376,678 | -184,179 | -760,617 | -642,728 | -568,196 | -486,003 | -190,141 | -192,947 |
| Stock | 1,005,000 | 1,849,000 | 593,326 | -1,434,399 | 869,401 | -126,923 | 2,443,997 | 3,125,220 | 2,036,954 | 1,895,391 | -191,900 | 362,367 | 1,246,743 | 473,697 | 402,823 |
| Debtors | 844,000 | 1,173,000 | 1,621,567 | 670,644 | -2,537,181 | 2,149,825 | -959,305 | -438,675 | 287,380 | 1,471,567 | 1,176,042 | -1,351,184 | 1,076,083 | 1,322,220 | 1,812,237 |
| Creditors | 255,000 | 17,000 | -37,920 | -309,982 | -579,695 | -68,586 | 197,242 | 310,835 | -34,316 | 429,052 | -335,064 | -1,126,029 | 1,694,577 | 1,584,390 | 534,886 |
| Accruals and Deferred Income | 343,000 | 878,000 | -330,621 | 1,072,985 | 228,321 | 387,792 | -2,975,240 | 2,930,805 | -1,041,938 | 81,637 | 151,266 | 385,226 | 625,147 | 46,393 | 387,620 |
| Deferred Taxes & Provisions | -173,000 | 242,000 | 56,000 | -13,396 | -8,038 | -24,176 | -1,923 | -19,212 | 2,931 | -3,657 | -10,257 | 67,471 | |||
| Cash flow from operations | -76,000 | 215,000 | -1,346,434 | 2,024,539 | 1,937,430 | 293,710 | -3,375,270 | 2,231,758 | -2,413,421 | -50,834 | 1,141,974 | 2,400,957 | 1,399,117 | 815,772 | -522,669 |
| Investing Activities | |||||||||||||||
| capital expenditure | -188,990 | -83,144 | -266,784 | -522,394 | -83,869 | -292,849 | |||||||||
| Change in Investments | -225,000 | 225,000 | -225,000 | 225,000 | -460,000 | -57,500 | 517,500 | ||||||||
| cash flow from investments | -131,490 | -600,644 | -266,784 | -522,394 | -83,869 | -292,849 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -305,000 | 778,000 | 1,935,457 | -700,356 | -179,838 | -523,333 | 1,669,808 | 857,561 | 1,376,701 | -183,074 | 14,186 | -607,257 | -311,872 | 776,145 | |
| Other Short Term Loans | -2,317,868 | -75,024 | -85,079 | 135,912 | 2,342,059 | ||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -144,000 | -52,000 | -9,000 | -172,555 | -199,596 | -148,273 | -160,129 | -64,435 | 7,788 | 27,725 | -9,099 | 4,699 | -18,407 | -30,396 | 7,676 |
| cash flow from financing | -577,000 | 461,000 | -170,547 | -1,037,546 | -655,331 | -587,743 | 4,063,009 | 698,814 | 1,384,489 | 27,725 | -192,173 | 18,885 | -5,949 | -342,268 | 6,543,207 |
| cash and cash equivalents | |||||||||||||||
| cash | -625,000 | 148,000 | -1,893,490 | 485,430 | 903,794 | -513,016 | 299,863 | 843,746 | -5,883,166 | -146,363 | 242,924 | 2,085,704 | 2,218,606 | 962,092 | 2,473,968 |
| overdraft | -3,000 | -11,000 | 3,092 | -24,781 | 5,178 | -30,598 | 52,637 | 8,472 | |||||||
| change in cash | -622,000 | 159,000 | -1,896,582 | 510,211 | 898,616 | -482,418 | 247,226 | 835,274 | -5,883,166 | -146,363 | 242,924 | 2,085,704 | 2,218,606 | 962,092 | 2,473,968 |
euravia engineering & supply co. limited Credit Report and Business Information
Euravia Engineering & Supply Co. Limited Competitor Analysis
Perform a competitor analysis for euravia engineering & supply co. limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in BB18 area or any other competitors across 12 key performance metrics.
euravia engineering & supply co. limited Ownership
EURAVIA ENGINEERING & SUPPLY CO. LIMITED group structure
Euravia Engineering & Supply Co. Limited has no subsidiary companies.
Ultimate parent company
MAGELLAN AEROSPACE CORP
#0056562
MAGELLAN AEROSPACE LTD
#0135623
2 parents
EURAVIA ENGINEERING & SUPPLY CO. LIMITED
02239011
euravia engineering & supply co. limited directors
Euravia Engineering & Supply Co. Limited currently has 4 directors. The longest serving directors include Mr Haydn Martin (May 2015) and Mr Jason Addis (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Haydn Martin | 61 years | May 2015 | - | Director | |
| Mr Jason Addis | United Kingdom | 55 years | May 2015 | - | Director |
| Mr Phillip Underwood | United Kingdom | 64 years | May 2015 | - | Director |
| Mrs Elena Milantoni | United Kingdom | 55 years | Jan 2016 | - | Director |
P&L
December 2023turnover
20.6m
+10%
operating profit
1.3m
-40%
gross margin
15.8%
-8.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
15.1m
+0.06%
total assets
24.2m
+0.04%
cash
641k
-0.49%
net assets
Total assets minus all liabilities
euravia engineering & supply co. limited company details
company number
02239011
Type
Private limited with Share Capital
industry
33160 - Repair and maintenance of aircraft and spacecraft
incorporation date
April 1988
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
glidant limited (April 1988)
accountant
-
auditor
ANDERSON ANDERSON AND BROWN AUDIT LLP
address
euravia house colne road, kelbrook, lancashire, BB18 6SN
Bank
HSBC BANK PLC
Legal Advisor
-
euravia engineering & supply co. 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 4 charges/mortgages relating to euravia engineering & supply co. limited. Currently there are 2 open charges and 2 have been satisfied in the past.
euravia engineering & supply co. 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 EURAVIA ENGINEERING & SUPPLY CO. LIMITED. This can take several minutes, an email will notify you when this has completed.
euravia engineering & supply co. limited Companies House Filings - See Documents
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