manchester airport storage and hydrant company limited
manchester airport storage and hydrant company limited Company Information
Company Number
02731538
Website
-Registered Address
one bartholomew close, london, EC1A 7BL
Industry
Wholesale of fuels and related products (other than petroleum and petroleum products)
Telephone
-
Next Accounts Due
43 days late
Group Structure
View All
Shareholders
shell uk ltd 25%
kuwait petroleum international aviation company (uk) ltd 25%
View Allmanchester airport storage and hydrant company limited Estimated Valuation
Pomanda estimates the enterprise value of MANCHESTER AIRPORT STORAGE AND HYDRANT COMPANY LIMITED at £54m based on a Turnover of £20.8m and 2.6x industry multiple (adjusted for size and gross margin).
manchester airport storage and hydrant company limited Estimated Valuation
Pomanda estimates the enterprise value of MANCHESTER AIRPORT STORAGE AND HYDRANT COMPANY LIMITED at £527.8m based on an EBITDA of £16.3m and a 32.45x industry multiple (adjusted for size and gross margin).
manchester airport storage and hydrant company limited Estimated Valuation
Pomanda estimates the enterprise value of MANCHESTER AIRPORT STORAGE AND HYDRANT COMPANY LIMITED at £48.7m based on Net Assets of £26m and 1.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Manchester Airport Storage And Hydrant Company Limited Overview
Manchester Airport Storage And Hydrant Company Limited is a live company located in london, EC1A 7BL with a Companies House number of 02731538. It operates in the wholesale of other fuels and related products sector, SIC Code 46719. Founded in July 1992, it's largest shareholder is shell uk ltd with a 25% stake. Manchester Airport Storage And Hydrant Company Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.8m with high growth in recent years.
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Manchester Airport Storage And Hydrant Company Limited Health Check
Pomanda's financial health check has awarded Manchester Airport Storage And Hydrant Company Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £20.8m, make it smaller than the average company (£122.2m)
£20.8m - Manchester Airport Storage And Hydrant Company Limited
£122.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.7%)
22% - Manchester Airport Storage And Hydrant Company Limited
6.7% - Industry AVG
Production
with a gross margin of 70.7%, this company has a lower cost of product (8.9%)
70.7% - Manchester Airport Storage And Hydrant Company Limited
8.9% - Industry AVG
Profitability
an operating margin of 72% make it more profitable than the average company (2.7%)
72% - Manchester Airport Storage And Hydrant Company Limited
2.7% - Industry AVG
Employees
with 12 employees, this is below the industry average (33)
- Manchester Airport Storage And Hydrant Company Limited
33 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Manchester Airport Storage And Hydrant Company Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is equally as efficient (£1.9m)
- Manchester Airport Storage And Hydrant Company Limited
£1.9m - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (30 days)
6 days - Manchester Airport Storage And Hydrant Company Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (27 days)
15 days - Manchester Airport Storage And Hydrant Company Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Manchester Airport Storage And Hydrant Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 294 weeks, this is more cash available to meet short term requirements (9 weeks)
294 weeks - Manchester Airport Storage And Hydrant Company Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.8%, this is a lower level of debt than the average (68.1%)
59.8% - Manchester Airport Storage And Hydrant Company Limited
68.1% - Industry AVG
MANCHESTER AIRPORT STORAGE AND HYDRANT COMPANY LIMITED financials
Manchester Airport Storage And Hydrant Company Limited's latest turnover from December 2022 is £20.8 million and the company has net assets of £26 million. According to their latest financial statements, we estimate that Manchester Airport Storage And Hydrant Company Limited has 12 employees and maintains cash reserves of £15.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 20,805,000 | 10,159,000 | 3,790,000 | 11,598,000 | 10,699,000 | 9,985,000 | 9,232,000 | 7,893,000 | 7,413,000 | 6,946,000 | 7,504,000 | 7,429,000 | 6,337,000 | 6,114,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 6,087,000 | 5,798,000 | 5,350,000 | 5,349,000 | 4,837,000 | 4,740,000 | 3,339,000 | 2,901,000 | 2,569,000 | 2,727,000 | 5,604,000 | 5,673,000 | 3,392,000 | 3,753,000 |
| Gross Profit | 14,718,000 | 4,361,000 | -1,560,000 | 6,249,000 | 5,862,000 | 5,245,000 | 5,893,000 | 4,992,000 | 4,844,000 | 4,219,000 | 1,900,000 | 1,756,000 | 2,945,000 | 2,361,000 |
| Admin Expenses | -267,000 | 28,000 | 83,000 | 44,000 | 42,000 | 29,000 | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | 14,985,000 | 4,333,000 | -1,643,000 | 6,205,000 | 5,820,000 | 5,216,000 | 5,877,000 | 4,992,000 | 4,844,000 | 4,219,000 | 1,900,000 | 1,756,000 | 2,945,000 | 2,361,000 |
| Interest Payable | 1,617,000 | 1,058,000 | 664,000 | 572,000 | 103,000 | 231,000 | 75,000 | 71,000 | 75,000 | 71,000 | 90,000 | 100,000 | 24,000 | 151,000 |
| Interest Receivable | 13,000 | 1,000 | 27,000 | 70,000 | 36,000 | 29,000 | 22,000 | 24,000 | 18,000 | 449,000 | 7,000 | 5,000 | 35,000 | 36,000 |
| Pre-Tax Profit | 13,381,000 | 3,276,000 | -2,280,000 | 5,703,000 | 5,753,000 | 5,014,000 | 5,824,000 | 4,945,000 | 4,787,000 | 4,597,000 | 1,817,000 | 1,661,000 | 2,956,000 | 2,246,000 |
| Tax | -1,864,000 | -1,889,000 | -377,000 | -1,187,000 | -1,061,000 | -961,000 | -1,169,000 | -1,015,000 | -1,007,000 | -1,197,000 | -601,000 | -355,000 | -880,000 | -686,000 |
| Profit After Tax | 11,517,000 | 1,387,000 | -2,657,000 | 4,516,000 | 4,692,000 | 4,053,000 | 4,655,000 | 3,930,000 | 3,780,000 | 3,400,000 | 1,216,000 | 1,306,000 | 2,076,000 | 1,560,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 3,755,000 | 3,403,000 | 3,400,000 | 2,800,000 | 2,000,000 | 3,200,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Retained Profit | 11,517,000 | 1,387,000 | -2,657,000 | 4,516,000 | 4,692,000 | 298,000 | 1,252,000 | 530,000 | 980,000 | 1,400,000 | -1,984,000 | 306,000 | 1,076,000 | 560,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 239,000 | 305,000 | 297,000 | 330,000 | 409,000 | 552,000 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 16,266,000 | 5,984,000 | -230,000 | 7,123,000 | 6,530,000 | 5,780,000 | 6,399,000 | 5,295,000 | 4,942,000 | 4,279,000 | 5,130,000 | 4,898,000 | 3,981,000 | 3,337,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 46,888,000 | 41,286,000 | 31,752,000 | 23,192,000 | 10,338,000 | 4,209,000 | 3,037,000 | 3,120,000 | 2,454,000 | 1,995,000 | 584,000 | 3,230,000 | 5,568,000 | 5,290,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 318,000 | 318,000 | 318,000 | 318,000 | 300,000 | 300,000 | 323,000 | 362,000 | 452,000 | 552,000 | 708,000 | 300,000 | 300,000 | 300,000 |
| Total Fixed Assets | 47,206,000 | 41,604,000 | 32,070,000 | 23,510,000 | 10,638,000 | 4,509,000 | 3,360,000 | 3,482,000 | 2,906,000 | 2,547,000 | 1,292,000 | 3,530,000 | 5,868,000 | 5,590,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 386,000 | 466,000 | 209,000 | 526,000 | 433,000 | 915,000 | 1,204,000 | 755,000 | 857,000 | 696,000 | 773,000 | 887,000 | 858,000 | 755,000 |
| Group Debtors | 653,000 | 1,274,000 | 199,000 | 1,183,000 | 598,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 751,000 | 644,000 | 901,000 | 1,138,000 | 770,000 | 1,118,000 | 197,000 | 113,000 | 113,000 | 269,000 | 264,000 | 246,000 | 204,000 | 240,000 |
| Cash | 15,614,000 | 9,364,000 | 3,290,000 | 7,690,000 | 7,962,000 | 7,435,000 | 4,603,000 | 3,200,000 | 3,011,000 | 3,155,000 | 3,122,000 | 3,060,000 | 1,725,000 | 1,574,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,404,000 | 11,748,000 | 4,599,000 | 10,537,000 | 9,763,000 | 9,468,000 | 6,004,000 | 4,068,000 | 3,981,000 | 4,120,000 | 4,159,000 | 4,193,000 | 2,787,000 | 2,569,000 |
| total assets | 64,610,000 | 53,352,000 | 36,669,000 | 34,047,000 | 20,401,000 | 13,977,000 | 9,364,000 | 7,550,000 | 6,887,000 | 6,667,000 | 5,451,000 | 7,723,000 | 8,655,000 | 8,159,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 800,000 | 800,000 |
| Trade Creditors | 251,000 | 901,000 | 992,000 | 531,000 | 562,000 | 730,000 | 594,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 386,000 | 1,199,000 | 383,000 | 1,051,000 | 710,000 | 1,232,000 | 229,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,121,000 | 2,297,000 | 1,966,000 | 2,336,000 | 1,609,000 | 3,634,000 | 722,000 | 1,058,000 | 996,000 | 1,688,000 | 1,501,000 | 1,728,000 | 1,706,000 | 1,674,000 |
| total current liabilities | 2,758,000 | 4,397,000 | 3,341,000 | 3,918,000 | 2,881,000 | 5,596,000 | 1,545,000 | 1,058,000 | 996,000 | 1,688,000 | 1,501,000 | 1,728,000 | 2,506,000 | 2,474,000 |
| loans | 0 | 28,573,000 | 16,680,000 | 11,408,000 | 4,129,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 800,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 28,573,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 7,281,000 | 5,901,000 | 3,554,000 | 2,970,000 | 2,156,000 | 1,838,000 | 1,574,000 | 1,499,000 | 1,428,000 | 1,496,000 | 1,867,000 | 1,928,000 | 2,388,000 | 2,200,000 |
| total long term liabilities | 35,854,000 | 34,474,000 | 20,234,000 | 14,378,000 | 6,285,000 | 1,838,000 | 1,574,000 | 1,499,000 | 1,428,000 | 1,496,000 | 1,867,000 | 1,928,000 | 2,388,000 | 3,000,000 |
| total liabilities | 38,612,000 | 38,871,000 | 23,575,000 | 18,296,000 | 9,166,000 | 7,434,000 | 3,119,000 | 2,557,000 | 2,424,000 | 3,184,000 | 3,368,000 | 3,656,000 | 4,894,000 | 5,474,000 |
| net assets | 25,998,000 | 14,481,000 | 13,094,000 | 15,751,000 | 11,235,000 | 6,543,000 | 6,245,000 | 4,993,000 | 4,463,000 | 3,483,000 | 2,083,000 | 4,067,000 | 3,761,000 | 2,685,000 |
| total shareholders funds | 25,998,000 | 14,481,000 | 13,094,000 | 15,751,000 | 11,235,000 | 6,543,000 | 6,245,000 | 4,993,000 | 4,463,000 | 3,483,000 | 2,083,000 | 4,067,000 | 3,761,000 | 2,685,000 |
| 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 | 14,985,000 | 4,333,000 | -1,643,000 | 6,205,000 | 5,820,000 | 5,216,000 | 5,877,000 | 4,992,000 | 4,844,000 | 4,219,000 | 1,900,000 | 1,756,000 | 2,945,000 | 2,361,000 |
| Depreciation | 1,281,000 | 1,651,000 | 1,413,000 | 918,000 | 710,000 | 564,000 | 522,000 | 303,000 | 98,000 | 60,000 | 3,230,000 | 3,142,000 | 1,036,000 | 976,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,864,000 | -1,889,000 | -377,000 | -1,187,000 | -1,061,000 | -961,000 | -1,169,000 | -1,015,000 | -1,007,000 | -1,197,000 | -601,000 | -355,000 | -880,000 | -686,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -594,000 | 1,075,000 | -1,538,000 | 1,064,000 | -232,000 | 609,000 | 494,000 | -192,000 | -95,000 | -228,000 | 312,000 | 71,000 | 67,000 | 1,295,000 |
| Creditors | -650,000 | -91,000 | 461,000 | -31,000 | -168,000 | 136,000 | 594,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -176,000 | 331,000 | -370,000 | 727,000 | -2,025,000 | 2,912,000 | -336,000 | 62,000 | -692,000 | 187,000 | -227,000 | 22,000 | 32,000 | 1,674,000 |
| Deferred Taxes & Provisions | 1,380,000 | 2,347,000 | 584,000 | 814,000 | 318,000 | 264,000 | 75,000 | 71,000 | -68,000 | -371,000 | -61,000 | -460,000 | 188,000 | 2,200,000 |
| Cash flow from operations | 15,550,000 | 5,607,000 | 1,606,000 | 6,382,000 | 3,826,000 | 7,522,000 | 5,069,000 | 4,605,000 | 3,270,000 | 3,126,000 | 3,929,000 | 4,034,000 | 3,254,000 | 5,230,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -6,839,000 | -1,738,000 | -438,000 | -969,000 | 0 | -1,471,000 | -584,000 | -804,000 | -1,034,000 | -979,000 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -6,839,000 | -1,738,000 | -438,000 | -969,000 | 0 | -1,471,000 | -584,000 | -804,000 | -1,034,000 | -979,000 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -800,000 | 0 | 800,000 |
| Group/Directors Accounts | -813,000 | 816,000 | -668,000 | 341,000 | -522,000 | 1,003,000 | 229,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -28,573,000 | 11,893,000 | 5,272,000 | 7,279,000 | 4,129,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -800,000 | 800,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 28,573,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,604,000 | -1,057,000 | -637,000 | -502,000 | -67,000 | -202,000 | -53,000 | -47,000 | -57,000 | 378,000 | -83,000 | -95,000 | 11,000 | -115,000 |
| cash flow from financing | -2,417,000 | 11,652,000 | 3,967,000 | 7,118,000 | 3,540,000 | 801,000 | 176,000 | -47,000 | -57,000 | 378,000 | -83,000 | -895,000 | -789,000 | 3,610,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 6,250,000 | 6,074,000 | -4,400,000 | -272,000 | 527,000 | 2,832,000 | 1,403,000 | 189,000 | -144,000 | 33,000 | 62,000 | 1,335,000 | 151,000 | 1,574,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,250,000 | 6,074,000 | -4,400,000 | -272,000 | 527,000 | 2,832,000 | 1,403,000 | 189,000 | -144,000 | 33,000 | 62,000 | 1,335,000 | 151,000 | 1,574,000 |
manchester airport storage and hydrant company limited Credit Report and Business Information
Manchester Airport Storage And Hydrant Company Limited Competitor Analysis
Perform a competitor analysis for manchester airport storage and hydrant company limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in EC1A area or any other competitors across 12 key performance metrics.
manchester airport storage and hydrant company limited Ownership
MANCHESTER AIRPORT STORAGE AND HYDRANT COMPANY LIMITED group structure
Manchester Airport Storage And Hydrant Company Limited has no subsidiary companies.
Ultimate parent company
MANCHESTER AIRPORT STORAGE AND HYDRANT COMPANY LIMITED
02731538
manchester airport storage and hydrant company limited directors
Manchester Airport Storage And Hydrant Company Limited currently has 5 directors. The longest serving directors include Mr Anthony Conway (Sep 2018) and Mr Andrew Robson (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Conway | United Kingdom | 62 years | Sep 2018 | - | Director |
| Mr Andrew Robson | England | 54 years | Jan 2019 | - | Director |
| Mr Mark Workman | 49 years | Sep 2019 | - | Director | |
| Mr Martin Ringrose | England | 60 years | Dec 2022 | - | Director |
| Mr Paul Heald | United Kingdom | 59 years | Jul 2024 | - | Director |
P&L
December 2022turnover
20.8m
+105%
operating profit
15m
+246%
gross margin
70.8%
+64.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
26m
+0.8%
total assets
64.6m
+0.21%
cash
15.6m
+0.67%
net assets
Total assets minus all liabilities
Similar Companies
manchester airport storage and hydrant company limited company details
company number
02731538
Type
Private limited with Share Capital
industry
46719 - Wholesale of fuels and related products (other than petroleum and petroleum products)
incorporation date
July 1992
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
shieldgrove limited (June 1993)
accountant
-
auditor
RSM UK AUDIT LLP
address
one bartholomew close, london, EC1A 7BL
Bank
-
Legal Advisor
-
manchester airport storage and hydrant company 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 did not find charges/mortgages relating to manchester airport storage and hydrant company limited.
manchester airport storage and hydrant company limited Companies House Filings - See Documents
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