avenium precision machining ltd

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avenium precision machining ltd Company Information

Share AVENIUM PRECISION MACHINING LTD

Company Number

02581155

Directors

John Hynes

Shareholders

ivaf holding b ltd

Group Structure

View All

Industry

Machining

 

Registered Address

7b bowes road, middlesbrough, TS2 1LU

avenium precision machining ltd Estimated Valuation

£208.8k

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

£135.6k

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

£471k

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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £647.9k, make it smaller than the average company (£10.9m)

£647.9k - Avenium Precision Machining Ltd

£10.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.7%)

9% - Avenium Precision Machining Ltd

4.7% - Industry AVG

production

Production

with a gross margin of 17.7%, this company has a higher cost of product (28%)

17.7% - Avenium Precision Machining Ltd

28% - Industry AVG

profitability

Profitability

an operating margin of 7.7% make it more profitable than the average company (6.2%)

7.7% - Avenium Precision Machining Ltd

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (81)

2 - Avenium Precision Machining Ltd

81 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)

£45.8k - Avenium Precision Machining Ltd

£45.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £323.9k, this is more efficient (£148.3k)

£323.9k - Avenium Precision Machining Ltd

£148.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 171 days, this is later than average (64 days)

171 days - Avenium Precision Machining Ltd

64 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (46 days)

29 days - Avenium Precision Machining Ltd

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Avenium Precision Machining Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Avenium Precision Machining Ltd

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover647,888706,775791,204502,505376,264691,413170,538172,236257,349240,792181,769211,763156,888137,136
Other Income Or Grants
Cost Of Sales533,319596,410660,998419,098307,586557,365136,639134,013198,799188,854141,793167,062123,008107,125
Gross Profit114,569110,365130,20683,40768,678134,04833,89938,22358,55051,93939,97644,70133,87930,011
Admin Expenses64,79451,358113,06950,57280,38329,9743,84967,21064,59510,63759,2967,183-9,69731,520-19,266
Operating Profit49,77559,00717,13732,835-11,705104,07430,050-28,987-6,04541,302-19,32037,51843,576-1,50919,266
Interest Payable
Interest Receivable167185116348285240241131341
Pre-Tax Profit49,77559,00717,13732,835-11,705104,24130,235-28,871-5,69741,587-19,08037,75943,707-1,47519,267
Tax-12,444-11,211-3,256-6,239-19,806-5,745-8,733-9,062-11,364-5,395
Profit After Tax37,33147,79613,88126,596-11,70584,43524,490-28,871-5,69732,854-19,08028,69732,343-1,47513,872
Dividends Paid
Retained Profit37,33147,79613,88126,596-11,70584,43524,490-28,871-5,69732,854-19,08028,69732,343-1,47513,872
Employee Costs91,52188,029128,853125,108164,979233,596151,171217,031210,77970,81168,54769,37533,66932,860
Number Of Employees22334646622211
EBITDA*49,77559,00717,13732,835-11,705104,07439,531-17,4728,30860,4243,24249,56952,0689,73734,583

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets16,68118,82522,16329,55139,11832,79229,22936,98445,25057,05674,40657,97825,47733,96943,693
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets16,68118,82522,16329,55139,11832,79229,22936,98445,25057,05674,40657,97825,47733,96943,693
Stock & work in progress9,0698,5698,1297,3447,5657,4458,8875,8609,530
Trade Debtors305,188325,509368,314191,700129,251229,45341,38216,95252,43467,24451,22263,43746,94940,98152,726
Group Debtors
Misc Debtors1,2321,0863,7236,4284,274
Cash44,56529,31563,57575,68038,31257,49338,91413,321289
misc current assets
total current assets306,420326,595368,314191,700129,251229,45398,73961,264128,412150,26897,099128,37594,75060,16262,545
total assets323,101345,420390,477221,251168,369262,245127,96898,248173,662207,324171,505186,353120,22794,131106,238
Bank overdraft
Bank loan
Trade Creditors 43,77666,21235,26639,16216,700100,67712,1909,82732,45578,66658,65266,21959,60854,48452,039
Group/Directors Accounts
other short term finances
hp & lease commitments1,36713,18516,828
other current liabilities32,71214,55420,267
total current liabilities43,77666,21235,26639,16216,700100,67746,26937,56669,55078,66658,65266,21959,60854,48452,039
loans
hp & lease commitments
Accruals and Deferred Income3,85815,0723,3715,6301,806
other liabilities26,000161,5001,91115,09631,92548,20937,91314,07324,43436,550
provisions4,5626,1247,4989,51810,2838,7801,8022,8123,773
total long term liabilities3,85841,072164,8715,6301,8064,5628,03522,59441,44358,49246,69315,87527,24640,323
total liabilities47,634107,284200,13744,79218,506100,67750,83145,60192,144120,109117,144112,91275,48381,73092,362
net assets275,467238,136190,340176,459149,863161,56877,13752,64781,51887,21554,36173,44144,74412,40113,876
total shareholders funds275,467238,136190,340176,459149,863161,56877,13752,64781,51887,21554,36173,44144,74412,40113,876
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit49,77559,00717,13732,835-11,705104,07430,050-28,987-6,04541,302-19,32037,51843,576-1,50919,266
Depreciation9,48111,51514,35319,12222,56212,0518,49211,24615,317
Amortisation
Tax-12,444-11,211-3,256-6,239-19,806-5,745-8,733-9,062-11,364-5,395
Stock-9,069500440785-221120-1,4423,027-3,6709,530
Debtors-20,175-41,719176,61462,449-100,202184,34821,725-33,328-10,53616,022-12,21516,4885,968-11,74552,726
Creditors-22,43630,946-3,89622,462-83,97788,4872,363-22,628-46,21120,014-7,5676,6115,1242,44552,039
Accruals and Deferred Income-11,21411,701-2,2593,8241,806-32,71218,158-5,71320,267
Deferred Taxes & Provisions-4,562-1,562-1,374-2,020-7651,5036,978-1,010-9613,773
Cash flow from operations23,856132,162-168,888-9,5676,326-39,79830,520-14,299-9,90555,1399,27339,05035,82326,63622,744
Investing Activities
capital expenditure2,1443,3387,3889,567-6,326-3,563-1,726-3,249-2,547-1,772-38,990-44,552-1,522-59,010
Change in Investments
cash flow from investments2,1443,3387,3889,567-6,326-3,563-1,726-3,249-2,547-1,772-38,990-44,552-1,522-59,010
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-1,367-11,818-3,64316,828
other long term liabilities-26,000-135,500161,500-1,911-13,185-16,829-16,28410,29623,840-10,361-12,11636,550
share issue-44
interest167185116348285240241131341
cash flow from financing-26,000-135,500161,500-1,204-13,544-16,712347-15,99910,53624,081-10,230-12,08236,555
cash and cash equivalents
cash-44,56515,250-34,260-12,10537,368-19,18118,57925,59313,032289
overdraft
change in cash-44,56515,250-34,260-12,10537,368-19,18118,57925,59313,032289

avenium precision machining ltd 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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Avenium Precision Machining Ltd Competitor Analysis

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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 Shareholders

ivaf holding b ltd 100%

avenium precision machining ltd directors

Avenium Precision Machining Ltd currently has 1 director, Mr John Hynes serving since Mar 2020.

officercountryagestartendrole
Mr John HynesEngland38 years Mar 2020- Director

P&L

December 2023

turnover

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 2023

net 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

None

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.

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avenium precision machining ltd Companies House Filings - See Documents

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