Pomanda estimates the enterprise value of VULCAN ENGINEERING LIMITED at £12.5m based on a Turnover of £18.6m and 0.68x industry multiple (adjusted for size and gross margin).
vulcan engineering limitedEstimated Valuation
£35.5m
Pomanda estimates the enterprise value of VULCAN ENGINEERING LIMITED at £35.5m based on an EBITDA of £4.2m and a 8.38x industry multiple (adjusted for size and gross margin).
vulcan engineering limitedEstimated Valuation
£71.1m
Pomanda estimates the enterprise value of VULCAN ENGINEERING LIMITED at £71.1m based on Net Assets of £27.1m and 2.62x industry multiple (adjusted for liquidity).
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Vulcan Engineering LimitedOverview
Vulcan Engineering Limited is a live company located in troutbeck road, S8 0JR with a Companies House number of 02422728. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in September 1989, it's largest shareholder is
aes engineering ltd
with a 90% stake. Vulcan Engineering Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£18.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Vulcan Engineering Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £18.6m, make it in line with the average company (£16.1m)
£18.6m - Vulcan Engineering Limited
£16.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.3%)
9% - Vulcan Engineering Limited
6.3% - Industry AVG
Production
with a gross margin of 54.2%, this company has a lower cost of product (27.5%)
54.2% - Vulcan Engineering Limited
27.5% - Industry AVG
Profitability
an operating margin of 21.3% make it more profitable than the average company (5.1%)
21.3% - Vulcan Engineering Limited
5.1% - Industry AVG
Employees
with 115 employees, this is above the industry average (41)
115 - Vulcan Engineering Limited
41 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£44.4k)
£39.6k - Vulcan Engineering Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £161.6k, this is less efficient (£376.8k)
£161.6k - Vulcan Engineering Limited
£376.8k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (51 days)
43 days - Vulcan Engineering Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (31 days)
20 days - Vulcan Engineering Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 390 days, this is more than average (77 days)
390 days - Vulcan Engineering Limited
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (14 weeks)
4 weeks - Vulcan Engineering Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.8%, this is a lower level of debt than the average (47.5%)
11.8% - Vulcan Engineering Limited
47.5% - Industry AVG
VULCAN ENGINEERING LIMITED financials
EXPORT
Vulcan Engineering Limited's latest turnover from December 2023 is £18.6 million and the company has net assets of £27.1 million. According to their latest financial statements, Vulcan Engineering Limited has 115 employees and maintains cash reserves of £278.6 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
Dec 2010
Dec 2009
Turnover
18,579,630
18,768,513
15,912,612
14,453,233
14,855,120
14,742,223
12,943,631
10,706,428
10,295,735
9,487,180
9,344,722
7,732,830
7,510,311
6,509,395
5,114,664
Other Income Or Grants
Cost Of Sales
8,505,218
9,723,131
8,421,672
7,436,664
7,979,787
7,922,717
6,887,570
5,353,292
4,852,891
4,171,772
4,469,553
3,280,590
3,007,504
2,787,923
1,964,560
Gross Profit
10,074,412
9,045,382
7,490,940
7,016,569
6,875,333
6,819,506
6,056,061
5,353,136
5,442,844
5,315,408
4,875,169
4,452,240
4,502,807
3,721,472
3,150,104
Admin Expenses
6,121,260
5,166,030
4,456,524
4,143,304
4,433,523
4,283,247
3,834,468
2,245,001
2,955,891
3,413,801
2,684,096
2,488,141
2,073,132
2,012,761
1,883,540
Operating Profit
3,953,152
3,879,352
3,034,416
2,873,265
2,441,810
2,536,259
2,221,593
3,108,135
2,486,953
1,901,607
2,191,073
1,964,099
2,429,675
1,708,711
1,266,564
Interest Payable
706
596
175
Interest Receivable
64,305
49,590
59,728
82,258
79,310
100,335
84,292
94,824
90,738
63,944
41,521
28,052
15,098
7,710
93,151
Pre-Tax Profit
4,017,457
3,928,942
3,094,144
2,955,523
2,520,414
2,636,594
2,305,289
3,252,959
5,893,006
4,040,079
2,362,333
2,002,151
2,656,776
1,716,421
1,463,670
Tax
-989,412
-730,973
-589,126
-573,556
-462,791
-440,147
-440,355
-625,060
-785,630
-583,015
-522,186
-486,534
-647,904
-480,654
-382,284
Profit After Tax
3,028,045
3,197,969
2,505,018
2,381,967
2,057,623
2,196,447
1,864,934
2,627,899
5,107,376
3,457,064
1,840,147
1,515,617
2,008,872
1,235,767
1,081,386
Dividends Paid
3,485,595
514,404
1,015,097
4,681,316
1,276,845
899,999
2,699,999
Retained Profit
3,028,045
3,197,969
-980,577
1,867,563
1,042,526
-2,484,869
1,864,934
1,351,054
5,107,376
3,457,064
1,840,147
1,515,617
2,008,872
335,768
-1,618,613
Employee Costs
4,554,146
3,936,309
3,395,219
3,533,291
3,515,173
3,257,953
2,700,066
2,125,629
1,998,973
2,287,057
1,804,061
1,566,191
1,440,809
1,293,734
1,132,147
Number Of Employees
115
114
89
97
103
101
86
74
74
79
68
61
55
50
44
EBITDA*
4,234,713
4,162,458
3,201,480
3,049,860
2,578,717
2,661,930
2,285,440
3,147,849
2,555,254
1,967,845
2,250,341
2,010,954
2,472,473
1,752,688
1,318,938
* 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
Dec 2010
Dec 2009
Tangible Assets
2,604,640
2,495,145
2,208,672
940,493
958,494
785,283
542,363
341,978
459,804
451,272
421,573
401,528
387,684
377,481
319,176
Intangible Assets
893,051
45,860
92,279
94,583
92,402
64,918
49,678
48,056
48,485
53,265
48,916
15,296
4,833
2,093
Investments & Other
35,382
35,382
35,382
35,382
35,382
35,382
35,382
35,382
35,382
68,716
95,382
95,382
95,382
95,382
60,000
Debtors (Due After 1 year)
714,188
754,385
Total Fixed Assets
4,247,261
3,330,772
2,336,333
1,070,458
1,086,278
885,583
627,423
425,416
543,671
573,253
565,871
512,206
487,899
474,956
379,176
Stock & work in progress
9,096,717
7,984,611
5,599,206
5,444,687
5,822,960
5,068,724
3,598,076
3,481,517
3,112,194
3,603,065
2,871,343
2,975,177
3,098,216
2,261,580
1,538,780
Trade Debtors
2,213,253
2,404,292
1,528,075
1,754,580
1,883,457
1,873,128
1,923,080
1,609,364
1,422,292
1,458,953
1,523,373
1,173,797
1,142,916
1,096,755
811,323
Group Debtors
13,801,262
8,906,686
8,132,157
10,140,080
9,785,014
10,292,201
14,436,521
11,747,521
8,046,436
4,055,634
2,836,077
1,753,114
811,558
107,553
9,869
Misc Debtors
1,143,058
965,574
1,476,214
1,294,366
1,009,458
846,814
679,903
509,845
3,318,763
2,400,727
582,671
432,400
70,342
109,570
40,478
Cash
278,595
3,160,041
2,893,747
2,898,712
1,063,329
719,658
968,160
2,171,213
1,921,419
1,146,154
1,329,606
703,603
685,901
360,744
915,124
misc current assets
total current assets
26,532,885
23,421,204
19,629,399
21,532,425
19,564,218
18,800,525
21,605,740
19,519,460
17,821,104
12,664,533
9,143,070
7,038,091
5,808,933
3,936,202
3,315,574
total assets
30,780,146
26,751,976
21,965,732
22,602,883
20,650,496
19,686,108
22,233,163
19,944,876
18,364,775
13,237,786
9,708,941
7,550,297
6,296,832
4,411,158
3,694,750
Bank overdraft
Bank loan
Trade Creditors
466,564
945,754
1,249,341
718,957
690,176
699,625
754,245
503,147
403,921
526,510
430,975
311,331
390,142
426,384
300,228
Group/Directors Accounts
1,426,443
640,645
126,105
171,558
299,851
343,011
152,820
45,887
12,785
10,179
12,244
18,852
10,809
5,058
other short term finances
59,536
hp & lease commitments
other current liabilities
1,363,975
922,742
681,550
742,403
640,907
581,303
545,709
563,645
540,757
431,657
458,017
257,099
433,832
528,831
280,098
total current liabilities
3,256,982
2,568,677
1,930,891
1,587,465
1,502,641
1,580,779
1,642,965
1,219,612
990,565
970,952
899,171
580,674
842,826
966,024
585,384
loans
7,984
223,986
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
370,062
181,626
total long term liabilities
378,046
405,612
total liabilities
3,635,028
2,974,289
1,930,891
1,587,465
1,502,641
1,580,779
1,642,965
1,219,612
990,565
970,952
899,171
580,674
842,826
966,024
585,384
net assets
27,145,118
23,777,687
20,034,841
21,015,418
19,147,855
18,105,329
20,590,198
18,725,264
17,374,210
12,266,834
8,809,770
6,969,623
5,454,006
3,445,134
3,109,366
total shareholders funds
27,145,118
23,777,687
20,034,841
21,015,418
19,147,855
18,105,329
20,590,198
18,725,264
17,374,210
12,266,834
8,809,770
6,969,623
5,454,006
3,445,134
3,109,366
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
Dec 2010
Dec 2009
Operating Activities
Operating Profit
3,953,152
3,879,352
3,034,416
2,873,265
2,441,810
2,536,259
2,221,593
3,108,135
2,486,953
1,901,607
2,191,073
1,964,099
2,429,675
1,708,711
1,266,564
Depreciation
210,847
233,158
164,760
174,291
134,603
123,367
61,551
37,418
61,923
60,573
56,345
45,784
42,262
43,977
52,374
Amortisation
70,714
49,948
2,304
2,304
2,304
2,304
2,296
2,296
6,378
5,665
2,923
1,071
536
Tax
-989,412
-730,973
-589,126
-573,556
-462,791
-440,147
-440,355
-625,060
-785,630
-583,015
-522,186
-486,534
-647,904
-480,654
-382,284
Stock
1,112,106
2,385,405
154,519
-378,273
754,236
1,470,648
116,559
369,323
-490,871
731,722
-103,834
-123,039
836,636
722,800
1,538,780
Debtors
4,840,824
1,894,491
-2,052,580
511,097
-334,214
-4,027,361
3,172,774
1,079,239
4,872,177
2,973,193
1,582,810
1,334,495
710,938
452,208
861,670
Creditors
-479,190
-303,587
530,384
28,781
-9,449
-54,620
251,098
99,226
-122,589
95,535
119,644
-78,811
-36,242
126,156
300,228
Accruals and Deferred Income
441,233
241,192
-60,853
101,496
59,604
35,594
-17,936
22,888
109,100
-26,360
200,918
-176,733
-94,999
248,733
280,098
Deferred Taxes & Provisions
188,436
181,626
Cash flow from operations
-2,557,150
-729,180
4,979,946
2,473,757
1,746,059
4,759,470
-1,211,086
1,196,341
-2,625,171
-2,250,910
569,741
57,420
145,754
471,915
-883,470
Investing Activities
capital expenditure
-1,238,247
-523,160
-1,432,939
-160,775
-337,602
-383,831
-265,854
78,541
1,890,792
-100,286
-112,933
-71,162
-55,741
-136,980
-20,685
Change in Investments
-33,334
-26,666
35,382
60,000
cash flow from investments
-1,238,247
-523,160
-1,432,939
-160,775
-337,602
-383,831
-265,854
78,541
1,924,126
-73,620
-112,933
-71,162
-55,741
-172,362
-80,685
Financing Activities
Bank loans
Group/Directors Accounts
785,798
640,645
-126,105
-45,453
-128,293
-43,160
190,191
106,933
33,102
2,606
-2,065
-6,608
8,043
5,751
5,058
Other Short Term Loans
-59,536
59,536
Long term loans
-216,002
223,986
Hire Purchase and Lease Commitments
other long term liabilities
share issue
339,386
544,877
4,727,979
interest
64,305
49,590
59,728
82,258
78,604
100,335
83,696
94,824
90,738
63,944
41,346
28,052
15,098
7,710
93,151
cash flow from financing
913,951
1,518,634
-66,377
36,805
-49,689
57,175
273,887
201,757
123,840
66,550
39,281
21,444
23,141
13,461
4,826,188
cash and cash equivalents
cash
-2,881,446
266,294
-4,965
1,835,383
343,671
-248,502
-1,203,053
249,794
775,265
-183,452
626,003
17,702
325,157
-554,380
915,124
overdraft
change in cash
-2,881,446
266,294
-4,965
1,835,383
343,671
-248,502
-1,203,053
249,794
775,265
-183,452
626,003
17,702
325,157
-554,380
915,124
vulcan engineering 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 vulcan engineering limited. Get real-time insights into vulcan engineering limited's credit score, group structure and payment trends.
Perform a competitor analysis for vulcan engineering limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in S 8 area or any other competitors across 12 key performance metrics.
vulcan engineering limited Ownership
VULCAN ENGINEERING LIMITED group structure
Vulcan Engineering Limited has 2 subsidiary companies.
The largest shareholders in Vulcan Engineering Limited include Aes Engineering Ltd and Gerald Peter Quinn.
aes engineering ltd
90%
gerald peter quinn
10%
vulcan engineering limited directors
Vulcan Engineering Limited currently has 5 directors.
The longest serving directors include
Mr Gerald Quinn (Sep 1991) and
Mr Michael Carter (Feb 2017).
unit 3, south west centre, troutbeck road, sheffield, S8 0JR
Bank
HSBC BANK PLC
Legal Advisor
-
vulcan engineering 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 vulcan engineering limited. Currently there are 2 open charges and 2 have been satisfied in the past.
vulcan engineering 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 VULCAN ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
vulcan engineering limitedCompanies House Filings - See Documents
