Pomanda estimates the enterprise value of ACCURATE CONTROLS LIMITED at £470.7k based on a Turnover of £588.5k and 0.8x industry multiple (adjusted for size and gross margin).
accurate controls limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ACCURATE CONTROLS LIMITED at £0 based on an EBITDA of £-13.7k and a 4.45x industry multiple (adjusted for size and gross margin).
accurate controls limitedEstimated Valuation
£126.3k
Pomanda estimates the enterprise value of ACCURATE CONTROLS LIMITED at £126.3k based on Net Assets of £58k and 2.18x industry multiple (adjusted for liquidity).
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Accurate Controls LimitedOverview
Accurate Controls Limited is a live company located in dorset, BH8 9EJ with a Companies House number of 02427774. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in September 1989, it's largest shareholder is
shekhar tewatia
with a 59.9% stake. Accurate Controls Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£588.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Accurate Controls Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £588.5k, make it smaller than the average company (£12.8m)
£588.5k - Accurate Controls Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (12%)
-3% - Accurate Controls Limited
12% - Industry AVG
Production
with a gross margin of 32.4%, this company has a higher cost of product (43.9%)
32.4% - Accurate Controls Limited
43.9% - Industry AVG
Profitability
an operating margin of -2.3% make it less profitable than the average company (9.3%)
-2.3% - Accurate Controls Limited
9.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (73)
6 - Accurate Controls Limited
73 - Industry AVG
Pay Structure
on an average salary of £55k, the company has an equivalent pay structure (£55k)
£55k - Accurate Controls Limited
£55k - Industry AVG
Efficiency
resulting in sales per employee of £98.1k, this is less efficient (£201.3k)
£98.1k - Accurate Controls Limited
£201.3k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (49 days)
64 days - Accurate Controls Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (38 days)
70 days - Accurate Controls Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Accurate Controls Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Accurate Controls Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.2%, this is a higher level of debt than the average (39.7%)
61.2% - Accurate Controls Limited
39.7% - Industry AVG
ACCURATE CONTROLS LIMITED financials
EXPORT
Accurate Controls Limited's latest turnover from March 2024 is estimated at £588.5 thousand and the company has net assets of £58 thousand. According to their latest financial statements, Accurate Controls Limited has 6 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
588,501
599,297
645,005
644,015
571,625
724,620
978,970
976,340
307,997
232,915
326,375
445,908
429,026
652,504
886,947
Other Income Or Grants
Cost Of Sales
397,845
415,660
457,673
453,641
379,968
485,724
645,876
660,743
204,354
157,302
220,254
305,280
296,641
441,322
611,106
Gross Profit
190,656
183,637
187,333
190,374
191,657
238,895
333,094
315,597
103,644
75,614
106,122
140,627
132,385
211,182
275,841
Admin Expenses
204,335
198,917
224,477
212,083
235,361
350,759
306,300
318,120
145,853
102,424
71,309
104,886
140,410
223,060
-156,083
Operating Profit
-13,679
-15,280
-37,144
-21,709
-43,704
-111,864
26,794
-2,523
-42,209
-26,810
34,813
35,741
-8,025
-11,878
431,924
Interest Payable
Interest Receivable
260
1,098
1,186
1,072
890
836
904
494
Pre-Tax Profit
-13,679
-15,280
-37,144
-21,709
-43,704
-111,864
26,794
-2,263
-41,111
-25,624
35,886
36,632
-7,189
-10,974
432,418
Tax
-5,091
-8,254
-8,792
-121,077
Profit After Tax
-13,679
-15,280
-37,144
-21,709
-43,704
-111,864
21,703
-2,263
-41,111
-25,624
27,632
27,840
-7,189
-10,974
311,341
Dividends Paid
Retained Profit
-13,679
-15,280
-37,144
-21,709
-43,704
-111,864
21,703
-2,263
-41,111
-25,624
27,632
27,840
-7,189
-10,974
311,341
Employee Costs
329,726
366,101
351,624
339,792
332,798
327,485
362,424
356,099
84,825
83,370
82,238
117,871
113,488
148,548
183,150
Number Of Employees
6
7
7
7
7
7
8
8
2
2
2
3
3
4
5
EBITDA*
-13,679
-15,280
-37,144
-21,709
-43,704
-111,864
26,794
-2,523
-39,009
-22,868
39,155
39,527
-4,081
-2,382
451,252
* 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
13,648
17,619
12,224
16,294
19,955
27,704
7,749
8,996
9,601
12,801
14,003
11,350
11,830
1,279
9,862
Intangible Assets
Investments & Other
20
20
20
20
20
20
20
Debtors (Due After 1 year)
Total Fixed Assets
13,648
17,619
12,224
16,294
19,955
27,704
7,749
8,996
9,621
12,821
14,023
11,370
11,850
1,299
9,882
Stock & work in progress
41,000
45,000
50,000
87,570
54,387
61,797
69,125
Trade Debtors
104,455
116,387
140,645
165,495
135,936
206,923
336,032
324,463
95,974
72,284
102,193
128,901
132,569
209,271
261,431
Group Debtors
Misc Debtors
31,315
27,440
25,787
25,981
13,808
Cash
208,065
231,137
243,280
185,715
170,343
164,143
197,530
misc current assets
total current assets
135,770
143,827
166,432
191,476
149,744
206,923
336,032
324,463
345,039
348,421
395,473
402,186
357,299
435,211
528,086
total assets
149,418
161,446
178,656
207,770
169,699
234,627
343,781
333,459
354,660
361,242
409,496
413,556
369,149
436,510
537,968
Bank overdraft
Bank loan
Trade Creditors
76,443
63,481
51,129
38,288
21,456
45,136
42,426
53,807
72,642
38,113
60,743
92,435
75,868
136,040
193,327
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
76,443
63,481
51,129
38,288
21,456
45,136
42,426
53,807
72,642
38,113
60,743
92,435
75,868
136,040
193,327
loans
hp & lease commitments
Accruals and Deferred Income
1,311
593
404
2,456
other liabilities
15,000
25,000
40,000
45,000
33,200
provisions
total long term liabilities
15,000
26,311
40,593
45,404
2,456
33,200
total liabilities
91,443
89,792
91,722
83,692
23,912
45,136
42,426
53,807
72,642
38,113
60,743
92,435
75,868
136,040
226,527
net assets
57,975
71,654
86,934
124,078
145,787
189,491
301,355
279,652
282,018
323,129
348,753
321,121
293,281
300,470
311,441
total shareholders funds
57,975
71,654
86,934
124,078
145,787
189,491
301,355
279,652
282,018
323,129
348,753
321,121
293,281
300,470
311,441
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
-13,679
-15,280
-37,144
-21,709
-43,704
-111,864
26,794
-2,523
-42,209
-26,810
34,813
35,741
-8,025
-11,878
431,924
Depreciation
3,200
3,942
4,342
3,786
3,944
9,496
19,328
Amortisation
Tax
-5,091
-8,254
-8,792
-121,077
Stock
-41,000
-4,000
-5,000
-37,570
33,183
-7,410
-7,328
69,125
Debtors
-8,057
-22,605
-25,044
41,732
-57,179
-129,109
11,569
228,489
23,690
-29,909
-26,708
-3,668
-76,702
-52,160
261,431
Creditors
12,962
12,352
12,841
16,832
-23,680
2,710
-11,381
-18,835
34,529
-22,630
-31,692
16,567
-60,172
-57,287
193,327
Accruals and Deferred Income
-1,311
718
189
-2,052
2,456
Deferred Taxes & Provisions
Cash flow from operations
6,029
20,395
930
-48,661
-7,749
19,955
-1,247
-208,847
-24,170
-10,589
63,487
17,787
19,859
-181
192,946
Investing Activities
capital expenditure
3,971
-5,395
4,070
3,661
7,749
-19,955
1,247
605
-2,740
-6,995
-3,306
-14,495
-913
-29,190
Change in Investments
-20
20
cash flow from investments
3,971
-5,395
4,070
3,661
7,749
-19,955
1,247
625
-2,740
-6,995
-3,306
-14,495
-913
-29,210
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-10,000
-15,000
-5,000
45,000
-33,200
33,200
share issue
-103
3
100
interest
260
1,098
1,186
1,072
890
836
904
494
cash flow from financing
-10,000
-15,000
-5,000
45,000
157
1,098
1,186
1,072
890
836
-32,293
33,794
cash and cash equivalents
cash
-208,065
-23,072
-12,143
57,565
15,372
6,200
-33,387
197,530
overdraft
change in cash
-208,065
-23,072
-12,143
57,565
15,372
6,200
-33,387
197,530
accurate controls 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 accurate controls limited. Get real-time insights into accurate controls limited's credit score, group structure and payment trends.
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accurate controls limited Ownership
ACCURATE CONTROLS LIMITED group structure
Accurate Controls Limited has no subsidiary companies.
Ultimate parent company
ACCURATE CONTROLS LIMITED
02427774
ACCURATE CONTROLS LIMITED Shareholders
The largest shareholders in Accurate Controls Limited include Shekhar Tewatia and Nicholas Vivian Hixson.
shekhar tewatia
59.92%
nicholas vivian hixson
33.29%
david elliott vivian hixson-ward
6.8%
accurate controls limited directors
Accurate Controls Limited currently has 3 directors.
The longest serving directors include
Mr Shekhar Tewatia (Oct 2018) and
Mr Nicholas Hixson (Oct 2018).
26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
incorporation date
September 1989
age
36
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
filsmore limited (January 1990)
accountant
HIXSONS
auditor
-
address
24 cecil avenue, bournemouth, dorset, BH8 9EJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
accurate controls 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 3 charges/mortgages relating to accurate controls limited. Currently there are 0 open charges and 3 have been satisfied in the past.
accurate controls 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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accurate controls limitedCompanies House Filings - See Documents
