aql emc limited

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aql emc limited Company Information

Share AQL EMC LIMITED

Company Number

02322048

Shareholders

eurofins product testing uk holding limited

10% of aql emc limited - for ownership

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

i54 business park valiant way, wolverhampton, WV9 5GB

aql emc limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of AQL EMC LIMITED at £1.2m based on a Turnover of £1.3m and 0.95x industry multiple (adjusted for size and gross margin).

aql emc limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AQL EMC LIMITED at £0 based on an EBITDA of £-104.4k and a 6.8x industry multiple (adjusted for size and gross margin).

aql emc limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of AQL EMC LIMITED at £2.6m based on Net Assets of £1.2m and 2.3x industry multiple (adjusted for liquidity).

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Aql Emc Limited Overview

Aql Emc Limited is a live company located in wolverhampton, WV9 5GB with a Companies House number of 02322048. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in November 1988, it's largest shareholder is eurofins product testing uk holding limited with a 90% stake. Aql Emc Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Aql Emc Limited Health Check

Pomanda's financial health check has awarded Aql Emc Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£2.9m)

£1.3m - Aql Emc Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (7.2%)

-2% - Aql Emc Limited

7.2% - Industry AVG

production

Production

with a gross margin of 93.1%, this company has a lower cost of product (44.8%)

93.1% - Aql Emc Limited

44.8% - Industry AVG

profitability

Profitability

an operating margin of -8.4% make it less profitable than the average company (5.7%)

-8.4% - Aql Emc Limited

5.7% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (23)

9 - Aql Emc Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £71.5k, the company has a higher pay structure (£54k)

£71.5k - Aql Emc Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £139.6k, this is equally as efficient (£125.4k)

£139.6k - Aql Emc Limited

£125.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 95 days, this is later than average (56 days)

95 days - Aql Emc Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 72 days, this is slower than average (31 days)

72 days - Aql Emc Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Aql Emc Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)

0 weeks - Aql Emc Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.4%, this is a lower level of debt than the average (53.3%)

33.4% - Aql Emc Limited

53.3% - Industry AVG

AQL EMC LIMITED financials

EXPORTms excel logo

Aql Emc Limited's latest turnover from December 2023 is £1.3 million and the company has net assets of £1.2 million. According to their latest financial statements, Aql Emc Limited has 9 employees and maintains cash reserves of £1 thousand 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
Turnover1,256,7071,150,7511,515,2031,350,5051,462,9031,500,7731,065,4261,631,0791,462,8301,661,4451,928,0912,590,8091,821,6651,317,115
Other Income Or Grants
Cost Of Sales86,87883,761876,786763,960826,208851,126591,155863,943778,809888,0041,022,8481,370,422960,820664,152
Gross Profit1,169,8291,066,990638,418586,545636,695649,647474,270767,136684,021773,441905,2441,220,386860,845652,962
Admin Expenses1,275,688932,518840,893490,768524,224498,768491,006608,501731,701824,242754,9541,022,407786,198692,295-1,102,976
Operating Profit-105,859134,472-202,47595,777112,471150,879-16,736158,635-47,680-50,801150,290197,97974,647-39,3331,102,976
Interest Payable13,4193,005
Interest Receivable2,3932,0227804,6463,9091,9806751,5061,6801,4071,0289221,048516
Pre-Tax Profit-116,885131,467-200,45396,557117,117154,789-14,756159,310-46,174-49,121151,697199,00875,569-38,2851,103,492
Tax37,677-11,086-18,346-22,252-29,410-31,862-34,890-47,762-19,648-308,978
Profit After Tax-79,208120,381-200,45378,21194,865125,379-14,756127,448-46,174-49,121116,807151,24655,921-38,285794,514
Dividends Paid
Retained Profit-79,208120,381-200,45378,21194,865125,379-14,756127,448-46,174-49,121116,807151,24655,921-38,285794,514
Employee Costs643,436640,681537,522475,741524,438508,093491,414483,235531,742653,368722,434938,693645,086509,798
Number Of Employees911111011111111121517231613
EBITDA*-104,409241,589-128,371171,093196,018240,69183,155271,67661,35266,096263,940295,538172,42746,3921,177,923

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets544,942587,386423,963430,619473,842508,029578,175635,338609,212662,719641,900548,495552,693482,313418,331
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets544,942587,386423,963430,619473,842508,029578,175635,338609,212662,719641,900548,495552,693482,313418,331
Stock & work in progress
Trade Debtors328,791301,048327,705286,650318,855351,596206,552368,656294,556280,497347,162433,819309,625225,968421,902
Group Debtors792,480
Misc Debtors60,93737,15330,02862,89750,63835,13732,45217,50021,800
Cash1,000530,104743,782873,738686,089552,902489,628302,373237,657364,727307,155255,621155,746213,157206,225
misc current assets15,14713,819
total current assets1,183,208868,3051,101,5151,223,2851,055,582939,635728,632703,676567,832645,224654,317689,440465,371439,125628,127
total assets1,728,1501,455,6911,525,4781,653,9041,529,4241,447,6641,306,8071,339,0141,177,0441,307,9431,296,2171,237,9351,018,064921,4381,046,458
Bank overdraft
Bank loan
Trade Creditors 17,2422,62464,14426,2157,4769,18736,6839,03111,612172,473117,698203,608133,417104,044195,259
Group/Directors Accounts61,351
other short term finances
hp & lease commitments111,85024,626
other current liabilities111,59673,452193,699159,834126,476133,61180,051112,34772,474
total current liabilities302,039100,702257,843186,049133,952142,798116,734121,37884,086172,473117,698203,608133,417104,044195,259
loans
hp & lease commitments225,80037,793
Accruals and Deferred Income12,225
other liabilities
provisions48,43686,11371,93371,70077,62681,88592,471105,27895,823104,38698,31470,92972,49561,16356,683
total long term liabilities274,236123,90671,93371,70077,62681,88592,471105,278108,048104,38698,31470,92972,49561,16356,683
total liabilities576,275224,608329,776257,749211,578224,683209,205226,656192,134276,859216,012274,537205,912165,207251,942
net assets1,151,8751,231,0831,195,7021,396,1551,317,8461,222,9811,097,6021,112,358984,9101,031,0841,080,205963,398812,152756,231794,516
total shareholders funds1,151,8751,231,0831,195,7021,396,1551,317,8461,222,9811,097,6021,112,358984,9101,031,0841,080,205963,398812,152756,231794,516
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-105,859134,472-202,47595,777112,471150,879-16,736158,635-47,680-50,801150,290197,97974,647-39,3331,102,976
Depreciation1,450107,11774,10475,31683,54789,81299,891113,041109,032116,897113,65097,55997,78085,72574,947
Amortisation
Tax37,677-11,086-18,346-22,252-29,410-31,862-34,890-47,762-19,648-308,978
Stock
Debtors844,007-19,5328,186-19,946-17,240147,729-147,15269,80035,859-66,665-86,657124,19483,657-195,934421,902
Creditors14,618-61,52037,92918,739-1,711-27,49627,652-2,581-160,86154,775-85,91070,19129,373-91,215195,259
Accruals and Deferred Income38,144-120,24733,86533,358-7,13553,560-32,29627,64884,699
Deferred Taxes & Provisions-37,67714,180233-5,926-4,259-10,586-12,8079,455-8,5636,07227,385-1,56611,3324,48056,683
Cash flow from operations-895,65482,448-64,530218,864177,90179,030212,856204,536-59,232193,608257,182192,207109,827155,591698,985
Investing Activities
capital expenditure40,994-270,540-67,448-32,093-49,360-19,666-42,728-139,167-55,525-137,716-207,055-93,361-168,160-149,707-493,278
Change in Investments
cash flow from investments40,994-270,540-67,448-32,093-49,360-19,666-42,728-139,167-55,525-137,716-207,055-93,361-168,160-149,707-493,278
Financing Activities
Bank loans
Group/Directors Accounts61,351
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments275,23162,419
other long term liabilities
share issue-85,000982
interest-11,026-3,0052,0227804,6463,9091,9806751,5061,6801,4071,0289221,048516
cash flow from financing325,556-25,5862,0228784,6463,9091,9806751,5061,6801,4071,0289221,048518
cash and cash equivalents
cash-529,104-213,678-129,956187,649133,18763,274187,25564,716-127,07057,57251,53499,875-57,4116,932206,225
overdraft
change in cash-529,104-213,678-129,956187,649133,18763,274187,25564,716-127,07057,57251,53499,875-57,4116,932206,225

aql emc limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Aql Emc Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for aql emc limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WV9 area or any other competitors across 12 key performance metrics.

aql emc limited Ownership

AQL EMC LIMITED group structure

Aql Emc Limited has no subsidiary companies.

Ultimate parent company

EUROFINS SCIENTIFIC SE

#0061455

2 parents

AQL EMC LIMITED

02322048

AQL EMC LIMITED Shareholders

eurofins product testing uk holding limited 90%
10% of aql emc limited - for ownership 10%

aql emc limited directors

Aql Emc Limited currently has 2 directors. The longest serving directors include Mr Lee Beale (Oct 2020) and Mr Nicholas Wainwright (May 2023).

officercountryagestartendrole
Mr Lee BealeEngland57 years Oct 2020- Director
Mr Nicholas Wainwright60 years May 2023- Director

P&L

December 2023

turnover

1.3m

+9%

operating profit

-105.9k

-179%

gross margin

93.1%

+0.39%

turnover

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

Balance Sheet

December 2023

net assets

1.2m

-0.06%

total assets

1.7m

+0.19%

cash

1k

-1%

net assets

Total assets minus all liabilities

aql emc limited company details

company number

02322048

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

November 1988

age

37

incorporated

UK

ultimate parent company

EUROFINS SCIENTIFIC SE

accounts

Small Company

last accounts submitted

December 2023

previous names

runlot limited (January 1989)

accountant

-

auditor

CONSTANTIN

address

i54 business park valiant way, wolverhampton, WV9 5GB

Bank

HSBC UK BANK PLC

Legal Advisor

-

aql emc 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 1 charges/mortgages relating to aql emc limited. Currently there are 0 open charges and 1 have been satisfied in the past.

aql emc 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.

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aql emc limited Companies House Filings - See Documents

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