acquisition 23876587 limited
acquisition 23876587 limited Company Information
Company Number
02574270
Website
ptech.co.ukRegistered Address
14 carleton house, boulevard drive, london, NW9 5QF
Industry
Technical testing and analysis
Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
Telephone
-
Next Accounts Due
2934 days late
Group Structure
View All
Directors
David Cirelli8 Years
Shareholders
andrew philip barnes 50%
caroline barnes 50%
acquisition 23876587 limited Estimated Valuation
Pomanda estimates the enterprise value of ACQUISITION 23876587 LIMITED at £174.6k based on a Turnover of £230.9k and 0.76x industry multiple (adjusted for size and gross margin).
acquisition 23876587 limited Estimated Valuation
Pomanda estimates the enterprise value of ACQUISITION 23876587 LIMITED at £8.8k based on an EBITDA of £2k and a 4.39x industry multiple (adjusted for size and gross margin).
acquisition 23876587 limited Estimated Valuation
Pomanda estimates the enterprise value of ACQUISITION 23876587 LIMITED at £0 based on Net Assets of £-205.2k and 2.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Acquisition 23876587 Limited Overview
Acquisition 23876587 Limited is a live company located in london, NW9 5QF with a Companies House number of 02574270. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in January 1991, it's largest shareholder is andrew philip barnes with a 50% stake. Acquisition 23876587 Limited is a mature, micro sized company, Pomanda has estimated its turnover at £230.9k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Acquisition 23876587 Limited Health Check
Pomanda's financial health check has awarded Acquisition 23876587 Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £230.9k, make it smaller than the average company (£5.2m)
- Acquisition 23876587 Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (6.1%)
- Acquisition 23876587 Limited
6.1% - Industry AVG
Production
with a gross margin of 30.2%, this company has a higher cost of product (45.1%)
- Acquisition 23876587 Limited
45.1% - Industry AVG
Profitability
an operating margin of -17.6% make it less profitable than the average company (6.8%)
- Acquisition 23876587 Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (65)
- Acquisition 23876587 Limited
65 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
- Acquisition 23876587 Limited
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £115.5k, this is equally as efficient (£114k)
- Acquisition 23876587 Limited
£114k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (57 days)
- Acquisition 23876587 Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 534 days, this is slower than average (33 days)
- Acquisition 23876587 Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 53 days, this is in line with average (50 days)
- Acquisition 23876587 Limited
50 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Acquisition 23876587 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 218.1%, this is a higher level of debt than the average (48.2%)
218.1% - Acquisition 23876587 Limited
48.2% - Industry AVG
ACQUISITION 23876587 LIMITED financials
Acquisition 23876587 Limited's latest turnover from December 2014 is estimated at £230.9 thousand and the company has net assets of -£205.2 thousand. According to their latest financial statements, we estimate that Acquisition 23876587 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|
| Turnover | 13,939 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 60,048 | 74,541 | 84,301 | 90,540 | 55,199 | 64,512 |
| Intangible Assets | 50,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 110,048 | 149,541 | 159,301 | 165,540 | 130,199 | 139,512 |
| Stock & work in progress | 23,500 | 9,333 | 0 | 36,897 | 40,472 | 26,816 |
| Trade Debtors | 40,168 | 84,593 | 64,351 | 23,828 | 32,933 | 32,612 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 118 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 63,668 | 93,926 | 64,469 | 60,725 | 73,405 | 59,428 |
| total assets | 173,716 | 243,467 | 223,770 | 226,265 | 203,604 | 198,940 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 79,174 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 236,004 | 231,959 | 131,293 | 79,498 | 107,218 | 22,689 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 236,004 | 231,959 | 131,293 | 79,498 | 107,218 | 101,863 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 142,914 | 176,157 | 226,088 | 275,621 | 261,020 | 287,420 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 142,914 | 176,157 | 226,088 | 275,621 | 261,020 | 287,420 |
| total liabilities | 378,918 | 408,116 | 357,381 | 355,119 | 368,238 | 389,283 |
| net assets | -205,202 | -164,649 | -133,611 | -128,854 | -164,634 | -190,343 |
| total shareholders funds | -205,202 | -164,649 | -133,611 | -128,854 | -164,634 | -190,343 |
| Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 17,552 | 22,192 | 38,013 | 23,246 | 694 | 20,488 |
| Amortisation | 25,000 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 14,167 | 9,333 | -36,897 | -3,575 | 13,656 | 26,816 |
| Debtors | -44,425 | 20,242 | 40,523 | -9,105 | 321 | 32,612 |
| Creditors | 4,045 | 100,666 | 51,795 | -27,720 | 84,529 | 22,689 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -33,243 | -49,931 | -49,533 | 14,601 | -26,400 | 287,420 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | -118 | 118 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | -79,174 | 79,174 |
| change in cash | 0 | -118 | 118 | 0 | 79,174 | -79,174 |
acquisition 23876587 limited Credit Report and Business Information
Acquisition 23876587 Limited Competitor Analysis
Perform a competitor analysis for acquisition 23876587 limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NW9 area or any other competitors across 12 key performance metrics.
acquisition 23876587 limited Ownership
ACQUISITION 23876587 LIMITED group structure
Acquisition 23876587 Limited has no subsidiary companies.
Ultimate parent company
ACQUISITION 23876587 LIMITED
02574270
acquisition 23876587 limited directors
Acquisition 23876587 Limited currently has 1 director, Mr David Cirelli serving since Sep 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Cirelli | England | 30 years | Sep 2016 | - | Director |
P&L
December 2014turnover
230.9k
-32%
operating profit
-40.6k
0%
gross margin
30.3%
-4.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2014net assets
-205.2k
+0.25%
total assets
173.7k
-0.29%
cash
0
0%
net assets
Total assets minus all liabilities
acquisition 23876587 limited company details
company number
02574270
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
71200 - Technical testing and analysis
26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
incorporation date
January 1991
age
33
incorporated
UK
accounts
Total Exemption Small
ultimate parent company
previous names
powertrain technologies limited (September 2016)
last accounts submitted
December 2014
address
14 carleton house, boulevard drive, london, NW9 5QF
accountant
-
auditor
-
acquisition 23876587 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 2 charges/mortgages relating to acquisition 23876587 limited. Currently there are 1 open charges and 1 have been satisfied in the past.
acquisition 23876587 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
