avenium precision machining ltd
avenium precision machining ltd Company Information
Group Structure
View All
Industry
Machining
Registered Address
7b bowes road, middlesbrough, TS2 1LU
Website
www.srengineering.co.ukavenium precision machining ltd Estimated Valuation
Pomanda estimates the enterprise value of AVENIUM PRECISION MACHINING LTD at £208.8k based on a Turnover of £647.9k and 0.32x industry multiple (adjusted for size and gross margin).
avenium precision machining ltd Estimated Valuation
Pomanda estimates the enterprise value of AVENIUM PRECISION MACHINING LTD at £135.6k based on an EBITDA of £49.8k and a 2.72x industry multiple (adjusted for size and gross margin).
avenium precision machining ltd Estimated Valuation
Pomanda estimates the enterprise value of AVENIUM PRECISION MACHINING LTD at £471k based on Net Assets of £275.5k and 1.71x industry multiple (adjusted for liquidity).
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Avenium Precision Machining Ltd Overview
Avenium Precision Machining Ltd is a live company located in middlesbrough, TS2 1LU with a Companies House number of 02581155. It operates in the machining sector, SIC Code 25620. Founded in February 1991, it's largest shareholder is ivaf holding b ltd with a 100% stake. Avenium Precision Machining Ltd is a mature, small sized company, Pomanda has estimated its turnover at £647.9k with healthy growth in recent years.
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Avenium Precision Machining Ltd Health Check
Pomanda's financial health check has awarded Avenium Precision Machining Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £647.9k, make it smaller than the average company (£10.9m)
- Avenium Precision Machining Ltd
£10.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.7%)
- Avenium Precision Machining Ltd
4.7% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (28%)
- Avenium Precision Machining Ltd
28% - Industry AVG
Profitability
an operating margin of 7.7% make it more profitable than the average company (6.2%)
- Avenium Precision Machining Ltd
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (81)
2 - Avenium Precision Machining Ltd
81 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
- Avenium Precision Machining Ltd
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £323.9k, this is more efficient (£148.3k)
- Avenium Precision Machining Ltd
£148.3k - Industry AVG
Debtor Days
it gets paid by customers after 171 days, this is later than average (64 days)
- Avenium Precision Machining Ltd
64 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (46 days)
- Avenium Precision Machining Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Avenium Precision Machining Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Avenium Precision Machining Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.7%, this is a lower level of debt than the average (46.8%)
14.7% - Avenium Precision Machining Ltd
46.8% - Industry AVG
AVENIUM PRECISION MACHINING LTD financials
Avenium Precision Machining Ltd's latest turnover from December 2023 is estimated at £647.9 thousand and the company has net assets of £275.5 thousand. According to their latest financial statements, Avenium Precision Machining Ltd has 2 employees and maintains cash reserves of 0 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 | |||||||||||||||
| 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 | 2 | 2 | 3 | 3 | 4 | 6 | 4 | 6 | 6 | ||||||
| EBITDA* |
* 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 | 16,681 | 18,825 | 22,163 | 29,551 | 39,118 | 32,792 | 29,229 | 36,984 | 45,250 | 57,056 | 74,406 | 57,978 | 25,477 | 33,969 | 43,693 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 16,681 | 18,825 | 22,163 | 29,551 | 39,118 | 32,792 | 29,229 | 36,984 | 45,250 | 57,056 | 74,406 | 57,978 | 25,477 | 33,969 | 43,693 |
| Stock & work in progress | 9,069 | 8,569 | 8,129 | 7,344 | 7,565 | 7,445 | 8,887 | 5,860 | 9,530 | ||||||
| Trade Debtors | 305,188 | 325,509 | 368,314 | 191,700 | 129,251 | 229,453 | 41,382 | 16,952 | 52,434 | 67,244 | 51,222 | 63,437 | 46,949 | 40,981 | 52,726 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,232 | 1,086 | 3,723 | 6,428 | 4,274 | ||||||||||
| Cash | 44,565 | 29,315 | 63,575 | 75,680 | 38,312 | 57,493 | 38,914 | 13,321 | 289 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 306,420 | 326,595 | 368,314 | 191,700 | 129,251 | 229,453 | 98,739 | 61,264 | 128,412 | 150,268 | 97,099 | 128,375 | 94,750 | 60,162 | 62,545 |
| total assets | 323,101 | 345,420 | 390,477 | 221,251 | 168,369 | 262,245 | 127,968 | 98,248 | 173,662 | 207,324 | 171,505 | 186,353 | 120,227 | 94,131 | 106,238 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 43,776 | 66,212 | 35,266 | 39,162 | 16,700 | 100,677 | 12,190 | 9,827 | 32,455 | 78,666 | 58,652 | 66,219 | 59,608 | 54,484 | 52,039 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 1,367 | 13,185 | 16,828 | ||||||||||||
| other current liabilities | 32,712 | 14,554 | 20,267 | ||||||||||||
| total current liabilities | 43,776 | 66,212 | 35,266 | 39,162 | 16,700 | 100,677 | 46,269 | 37,566 | 69,550 | 78,666 | 58,652 | 66,219 | 59,608 | 54,484 | 52,039 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 3,858 | 15,072 | 3,371 | 5,630 | 1,806 | ||||||||||
| other liabilities | 26,000 | 161,500 | 1,911 | 15,096 | 31,925 | 48,209 | 37,913 | 14,073 | 24,434 | 36,550 | |||||
| provisions | 4,562 | 6,124 | 7,498 | 9,518 | 10,283 | 8,780 | 1,802 | 2,812 | 3,773 | ||||||
| total long term liabilities | 3,858 | 41,072 | 164,871 | 5,630 | 1,806 | 4,562 | 8,035 | 22,594 | 41,443 | 58,492 | 46,693 | 15,875 | 27,246 | 40,323 | |
| total liabilities | 47,634 | 107,284 | 200,137 | 44,792 | 18,506 | 100,677 | 50,831 | 45,601 | 92,144 | 120,109 | 117,144 | 112,912 | 75,483 | 81,730 | 92,362 |
| net assets | 275,467 | 238,136 | 190,340 | 176,459 | 149,863 | 161,568 | 77,137 | 52,647 | 81,518 | 87,215 | 54,361 | 73,441 | 44,744 | 12,401 | 13,876 |
| total shareholders funds | 275,467 | 238,136 | 190,340 | 176,459 | 149,863 | 161,568 | 77,137 | 52,647 | 81,518 | 87,215 | 54,361 | 73,441 | 44,744 | 12,401 | 13,876 |
| 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 | |||||||||||||||
| Depreciation | 9,481 | 11,515 | 14,353 | 19,122 | 22,562 | 12,051 | 8,492 | 11,246 | 15,317 | ||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -9,069 | 500 | 440 | 785 | -221 | 120 | -1,442 | 3,027 | -3,670 | 9,530 | |||||
| Debtors | -20,175 | -41,719 | 176,614 | 62,449 | -100,202 | 184,348 | 21,725 | -33,328 | -10,536 | 16,022 | -12,215 | 16,488 | 5,968 | -11,745 | 52,726 |
| Creditors | -22,436 | 30,946 | -3,896 | 22,462 | -83,977 | 88,487 | 2,363 | -22,628 | -46,211 | 20,014 | -7,567 | 6,611 | 5,124 | 2,445 | 52,039 |
| Accruals and Deferred Income | -11,214 | 11,701 | -2,259 | 3,824 | 1,806 | -32,712 | 18,158 | -5,713 | 20,267 | ||||||
| Deferred Taxes & Provisions | -4,562 | -1,562 | -1,374 | -2,020 | -765 | 1,503 | 6,978 | -1,010 | -961 | 3,773 | |||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -1,367 | -11,818 | -3,643 | 16,828 | |||||||||||
| other long term liabilities | -26,000 | -135,500 | 161,500 | -1,911 | -13,185 | -16,829 | -16,284 | 10,296 | 23,840 | -10,361 | -12,116 | 36,550 | |||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -44,565 | 15,250 | -34,260 | -12,105 | 37,368 | -19,181 | 18,579 | 25,593 | 13,032 | 289 | |||||
| overdraft | |||||||||||||||
| change in cash | -44,565 | 15,250 | -34,260 | -12,105 | 37,368 | -19,181 | 18,579 | 25,593 | 13,032 | 289 |
avenium precision machining ltd Credit Report and Business Information
Avenium Precision Machining Ltd Competitor Analysis
Perform a competitor analysis for avenium precision machining ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in TS2 area or any other competitors across 12 key performance metrics.
avenium precision machining ltd Ownership
AVENIUM PRECISION MACHINING LTD group structure
Avenium Precision Machining Ltd has no subsidiary companies.
Ultimate parent company
AVENIUM PRECISION MACHINING LTD
02581155
avenium precision machining ltd directors
Avenium Precision Machining Ltd currently has 1 director, Mr John Hynes serving since Mar 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Hynes | England | 38 years | Mar 2020 | - | Director |
P&L
December 2023turnover
647.9k
-8%
operating profit
49.8k
0%
gross margin
17.7%
+13.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
275.5k
+0.16%
total assets
323.1k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
avenium precision machining ltd company details
company number
02581155
Type
Private limited with Share Capital
industry
25620 - Machining
incorporation date
February 1991
age
34
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
s r engineering ltd (November 2021)
accountant
-
auditor
-
address
7b bowes road, middlesbrough, TS2 1LU
Bank
BARCLAYS BANK PLC
Legal Advisor
-
avenium precision machining ltd 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 avenium precision machining ltd. Currently there are 0 open charges and 3 have been satisfied in the past.
avenium precision machining ltd 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 AVENIUM PRECISION MACHINING LTD. This can take several minutes, an email will notify you when this has completed.
avenium precision machining ltd Companies House Filings - See Documents
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