altros engineering limited
altros engineering limited Company Information
Company Number
02764199
Website
www.altros.co.ukRegistered Address
unit 09, wycombe industrial mall, west end street, high wycombe, HP11 2QY
Industry
Manufacture of other electrical equipment
Telephone
01494443082
Next Accounts Due
9 days late
Group Structure
View All
Shareholders
riaz ahmed 51%
zakia bano ahmed 49%
altros engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ALTROS ENGINEERING LIMITED at £185.4k based on a Turnover of £276.7k and 0.67x industry multiple (adjusted for size and gross margin).
altros engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ALTROS ENGINEERING LIMITED at £23.6k based on an EBITDA of £4.7k and a 5.01x industry multiple (adjusted for size and gross margin).
altros engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ALTROS ENGINEERING LIMITED at £46.3k based on Net Assets of £22.6k and 2.05x industry multiple (adjusted for liquidity).
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Altros Engineering Limited Overview
Altros Engineering Limited is a live company located in high wycombe, HP11 2QY with a Companies House number of 02764199. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in November 1992, it's largest shareholder is riaz ahmed with a 51% stake. Altros Engineering Limited is a mature, micro sized company, Pomanda has estimated its turnover at £276.7k with rapid growth in recent years.
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Altros Engineering Limited Health Check
Pomanda's financial health check has awarded Altros Engineering Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £276.7k, make it smaller than the average company (£12.8m)
- Altros Engineering Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (2.3%)
- Altros Engineering Limited
2.3% - Industry AVG
Production
with a gross margin of 34.2%, this company has a comparable cost of product (34.2%)
- Altros Engineering Limited
34.2% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (6.4%)
- Altros Engineering Limited
6.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (74)
3 - Altros Engineering Limited
74 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Altros Engineering Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £92.2k, this is less efficient (£171.5k)
- Altros Engineering Limited
£171.5k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (64 days)
- Altros Engineering Limited
64 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Altros Engineering Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Altros Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1163 weeks, this is more cash available to meet short term requirements (15 weeks)
1163 weeks - Altros Engineering Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.4%, this is a higher level of debt than the average (42.7%)
65.4% - Altros Engineering Limited
42.7% - Industry AVG
ALTROS ENGINEERING LIMITED financials
Altros Engineering Limited's latest turnover from December 2022 is estimated at £276.7 thousand and the company has net assets of £22.6 thousand. According to their latest financial statements, Altros Engineering Limited has 3 employees and maintains cash reserves of £16.1 thousand 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 | 20,403 | 60,803 | 65,026 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 0 | 20,009 | 23,263 | |||||||||||
| Gross Profit | 20,403 | 40,794 | 41,763 | |||||||||||
| Admin Expenses | 32,102 | 39,371 | 43,481 | |||||||||||
| Operating Profit | -11,699 | 1,423 | -1,718 | |||||||||||
| Interest Payable | 0 | 224 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | -11,699 | 1,199 | -1,718 | |||||||||||
| Tax | 0 | 0 | 0 | |||||||||||
| Profit After Tax | -11,699 | 1,199 | -1,718 | |||||||||||
| Dividends Paid | 10,000 | 0 | 0 | |||||||||||
| Retained Profit | -21,699 | 1,199 | -1,718 | |||||||||||
| Employee Costs | 0 | 18,950 | 22,040 | |||||||||||
| Number Of Employees | 3 | 1 | 1 | |||||||||||
| EBITDA* | -11,356 | 1,820 | -1,320 |
* 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 | 147 | 184 | 230 | 287 | 359 | 449 | 562 | 702 | 877 | 1,096 | 1,370 | 1,281 | 1,856 | 2,353 |
| 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 147 | 184 | 230 | 287 | 359 | 449 | 562 | 702 | 877 | 1,096 | 1,370 | 1,281 | 1,856 | 2,353 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,622 | 394 | 150 |
| Trade Debtors | 15,500 | 87,699 | 97,479 | 11,551 | 12,926 | 9,409 | 0 | 0 | 0 | 0 | 0 | 0 | 19,852 | 7,844 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 33,473 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,217 | 16,451 |
| Cash | 16,129 | 0 | 0 | 0 | 0 | 0 | 5,751 | 691 | 460 | 3,204 | 6,112 | 2,251 | 4,120 | 4,244 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 65,102 | 87,699 | 97,479 | 11,551 | 12,926 | 9,409 | 5,751 | 691 | 460 | 3,204 | 6,112 | 37,873 | 33,583 | 28,689 |
| total assets | 65,249 | 87,883 | 97,709 | 11,838 | 13,285 | 9,858 | 6,313 | 1,393 | 1,337 | 4,300 | 7,482 | 39,154 | 35,439 | 31,042 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 213 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,853 | 0 |
| Trade Creditors | 0 | 6,112 | 5,656 | 0 | 7,644 | 5,811 | 3,589 | 661 | 344 | 795 | 0 | 8,844 | 2,160 | 2,815 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 721 | 0 | 0 | 5,371 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 721 | 6,112 | 5,656 | 5,371 | 7,644 | 5,811 | 3,589 | 661 | 344 | 795 | 213 | 8,844 | 6,013 | 2,815 |
| loans | 27,694 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 14,262 | 62,237 | 76,529 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,342 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,956 | 62,237 | 76,529 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,342 | 0 | 0 |
| total liabilities | 42,677 | 68,349 | 82,185 | 5,371 | 7,644 | 5,811 | 3,589 | 661 | 344 | 795 | 213 | 10,186 | 6,013 | 2,815 |
| net assets | 22,572 | 19,534 | 15,524 | 6,467 | 5,641 | 4,047 | 2,724 | 732 | 993 | 3,505 | 7,269 | 28,968 | 29,426 | 28,227 |
| total shareholders funds | 22,572 | 19,534 | 15,524 | 6,467 | 5,641 | 4,047 | 2,724 | 732 | 993 | 3,505 | 7,269 | 28,968 | 29,426 | 28,227 |
| 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 | -11,699 | 1,423 | -1,718 | |||||||||||
| Depreciation | 37 | 57 | 175 | 219 | 274 | 343 | 320 | 397 | 398 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | 0 | 0 | 0 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -35,622 | 35,228 | 244 | 150 |
| Debtors | -38,726 | -9,780 | 85,928 | -1,375 | 3,517 | 9,409 | 0 | 0 | 0 | 0 | 0 | -29,069 | 4,774 | 24,295 |
| Creditors | -6,112 | 456 | 5,656 | -7,644 | 1,833 | 2,222 | 2,928 | 317 | -451 | 795 | -8,844 | 6,684 | -655 | 2,815 |
| Accruals and Deferred Income | 721 | 0 | -5,371 | 5,371 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 15,422 | -3,853 | -22,950 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,853 | 3,853 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 27,694 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -47,975 | -14,292 | 76,529 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,342 | 1,342 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | -224 | 0 | |||||||||||
| cash flow from financing | -1,342 | 3,629 | 29,945 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 16,129 | 0 | 0 | 0 | 0 | -5,751 | 5,060 | 231 | -2,744 | -2,908 | 3,861 | -1,869 | -124 | 4,244 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -213 | 213 | 0 | 0 | 0 |
| change in cash | 16,129 | 0 | 0 | 0 | 0 | -5,751 | 5,060 | 231 | -2,744 | -2,695 | 3,648 | -1,869 | -124 | 4,244 |
altros engineering limited Credit Report and Business Information
Altros Engineering Limited Competitor Analysis
Perform a competitor analysis for altros engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in HP11 area or any other competitors across 12 key performance metrics.
altros engineering limited Ownership
ALTROS ENGINEERING LIMITED group structure
Altros Engineering Limited has no subsidiary companies.
Ultimate parent company
ALTROS ENGINEERING LIMITED
02764199
altros engineering limited directors
Altros Engineering Limited currently has 2 directors. The longest serving directors include Mr Riaz Ahmad (Sep 1994) and Mrs Zakia Ahmad (Nov 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Riaz Ahmad | 67 years | Sep 1994 | - | Director | |
| Mrs Zakia Ahmad | 61 years | Nov 1996 | - | Director |
P&L
December 2022turnover
276.7k
-5%
operating profit
4.7k
0%
gross margin
34.3%
+0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
22.6k
+0.16%
total assets
65.2k
-0.26%
cash
16.1k
0%
net assets
Total assets minus all liabilities
Similar Companies
altros engineering limited company details
company number
02764199
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
November 1992
age
32
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
unit 09, wycombe industrial mall, west end street, high wycombe, HP11 2QY
accountant
G&S ACCOUNTANTS LIMITED
auditor
-
altros engineering 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 altros engineering limited. Currently there are 2 open charges and 0 have been satisfied in the past.
altros engineering limited Companies House Filings - See Documents
| date | description | view/download |
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