aero fabrications limited
aero fabrications limited Company Information
Group Structure
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Industry
Manufacture of other fabricated metal products n.e.c.
Registered Address
common lane, watnall, nottingham, NG16 1HA
Website
www.aerofabrications.co.ukaero fabrications limited Estimated Valuation
Pomanda estimates the enterprise value of AERO FABRICATIONS LIMITED at £17.2m based on a Turnover of £23.5m and 0.73x industry multiple (adjusted for size and gross margin).
aero fabrications limited Estimated Valuation
Pomanda estimates the enterprise value of AERO FABRICATIONS LIMITED at £17.3m based on an EBITDA of £3m and a 5.73x industry multiple (adjusted for size and gross margin).
aero fabrications limited Estimated Valuation
Pomanda estimates the enterprise value of AERO FABRICATIONS LIMITED at £27.7m based on Net Assets of £14.1m and 1.96x industry multiple (adjusted for liquidity).
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Aero Fabrications Limited Overview
Aero Fabrications Limited is a live company located in nottingham, NG16 1HA with a Companies House number of 02793994. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in February 1993, it's largest shareholder is gouldby group limited with a 100% stake. Aero Fabrications Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.5m with rapid growth in recent years.
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Aero Fabrications Limited Health Check
Pomanda's financial health check has awarded Aero Fabrications 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
3 Regular
3 Weak
Size
annual sales of £23.5m, make it larger than the average company (£14.1m)
£23.5m - Aero Fabrications Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (10.5%)
34% - Aero Fabrications Limited
10.5% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (29.8%)
26.4% - Aero Fabrications Limited
29.8% - Industry AVG
Profitability
an operating margin of 8.7% make it more profitable than the average company (6.7%)
8.7% - Aero Fabrications Limited
6.7% - Industry AVG
Employees
with 290 employees, this is above the industry average (80)
290 - Aero Fabrications Limited
80 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£41.7k)
£36.8k - Aero Fabrications Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £80.9k, this is less efficient (£159.7k)
£80.9k - Aero Fabrications Limited
£159.7k - Industry AVG
Debtor Days
it gets paid by customers after 150 days, this is later than average (58 days)
150 days - Aero Fabrications Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (42 days)
52 days - Aero Fabrications Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 119 days, this is more than average (68 days)
119 days - Aero Fabrications Limited
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (14 weeks)
21 weeks - Aero Fabrications Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.8%, this is a similar level of debt than the average (43.5%)
39.8% - Aero Fabrications Limited
43.5% - Industry AVG
AERO FABRICATIONS LIMITED financials
Aero Fabrications Limited's latest turnover from May 2024 is £23.5 million and the company has net assets of £14.1 million. According to their latest financial statements, Aero Fabrications Limited has 290 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,455,325 | 20,640,018 | 14,670,310 | 9,690,464 | 15,865,905 | 16,325,689 | 14,768,804 | 13,361,542 | 8,021,093 | 6,290,265 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 17,262,154 | 14,089,576 | 9,703,292 | 7,354,087 | 9,881,593 | 10,214,044 | 9,457,889 | 8,694,372 | 5,638,470 | 4,136,107 | |||||
| Gross Profit | 6,193,171 | 6,550,442 | 4,967,018 | 2,336,377 | 5,984,312 | 6,111,645 | 5,310,915 | 4,667,170 | 2,382,623 | 2,154,158 | |||||
| Admin Expenses | 4,162,417 | 3,594,161 | 2,478,805 | 1,402,292 | 2,152,473 | 1,770,601 | 1,755,831 | 1,539,261 | 1,125,027 | 782,776 | |||||
| Operating Profit | 2,030,754 | 2,956,281 | 2,488,213 | 934,085 | 3,831,839 | 4,341,044 | 3,555,084 | 3,127,909 | 1,257,596 | 1,371,382 | |||||
| Interest Payable | 196,567 | 64,383 | 58,929 | 73,220 | 63,314 | 32,164 | 58,048 | 69,397 | 64,128 | 11,969 | |||||
| Interest Receivable | 78,554 | 19,753 | 474 | 552 | 5,436 | 131 | |||||||||
| Pre-Tax Profit | 1,912,741 | 2,911,651 | 2,429,758 | 861,417 | 3,773,961 | 4,309,011 | 3,497,079 | 3,058,512 | 1,193,468 | 1,359,413 | |||||
| Tax | -691,493 | -636,908 | -540,934 | -158,326 | -726,672 | -812,446 | -655,752 | -315,551 | -221,100 | -289,603 | |||||
| Profit After Tax | 1,221,248 | 2,274,743 | 1,888,824 | 703,091 | 3,047,289 | 3,496,565 | 2,841,327 | 2,742,961 | 972,368 | 1,069,810 | |||||
| Dividends Paid | 110,421 | 110,083 | 7,807,011 | 57,456 | 87,889 | 33,870 | 33,852 | 23,767 | 61,625 | 41,375 | |||||
| Retained Profit | 1,110,827 | 2,164,660 | -5,918,187 | 645,635 | 2,959,400 | 3,462,695 | 2,807,475 | 2,719,194 | 910,743 | 1,028,435 | |||||
| Employee Costs | 10,675,895 | 9,019,741 | 6,356,419 | 4,946,232 | 6,369,576 | 6,163,172 | 5,469,653 | 4,835,549 | 3,334,356 | 2,205,736 | |||||
| Number Of Employees | 290 | 256 | 188 | 171 | 205 | 196 | 186 | 169 | 129 | 92 | |||||
| EBITDA* | 3,014,614 | 3,752,592 | 3,097,312 | 1,632,910 | 4,445,820 | 4,818,300 | 4,014,487 | 3,559,938 | 1,620,045 | 1,450,260 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,059,966 | 5,305,587 | 3,459,208 | 10,643,174 | 11,108,858 | 5,291,667 | 3,162,083 | 3,213,087 | 3,396,554 | 2,706,004 | 338,813 | 245,311 | 292,482 | 323,390 | 378,087 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 5,059,966 | 5,305,587 | 3,459,208 | 10,643,174 | 11,108,858 | 5,291,667 | 3,162,083 | 3,213,087 | 3,396,554 | 2,706,004 | 338,813 | 245,311 | 292,482 | 323,390 | 378,087 |
| Stock & work in progress | 5,650,719 | 5,101,547 | 5,048,406 | 3,278,402 | 3,104,021 | 2,830,937 | 2,854,310 | 2,466,999 | 2,089,085 | 1,435,929 | 1,193,761 | 1,154,598 | 878,383 | 846,542 | 748,681 |
| Trade Debtors | 9,657,318 | 8,180,559 | 3,857,734 | 2,096,680 | 2,389,647 | 3,576,209 | 3,210,516 | 3,118,212 | 2,502,865 | 1,869,791 | 1,335,993 | 923,383 | 892,189 | 717,834 | 614,715 |
| Group Debtors | 278,306 | ||||||||||||||
| Misc Debtors | 263,420 | 130,883 | 65,637 | 102,637 | 319,338 | 64,395 | 52,562 | 392,093 | 108,426 | 68,535 | |||||
| Cash | 2,860,520 | 3,782,614 | 3,417,952 | 3,967,404 | 3,457,956 | 5,054,578 | 2,967,534 | 941,482 | 181,330 | 497,421 | 143,074 | 653 | 82,036 | 369 | 59,549 |
| misc current assets | |||||||||||||||
| total current assets | 18,431,977 | 17,195,603 | 12,668,035 | 9,445,123 | 9,270,962 | 11,526,119 | 9,084,922 | 6,918,786 | 4,881,706 | 3,871,676 | 2,672,828 | 2,078,634 | 1,852,608 | 1,564,745 | 1,422,945 |
| total assets | 23,491,943 | 22,501,190 | 16,127,243 | 20,088,297 | 20,379,820 | 16,817,786 | 12,247,005 | 10,131,873 | 8,278,260 | 6,577,680 | 3,011,641 | 2,323,945 | 2,145,090 | 1,888,135 | 1,801,032 |
| Bank overdraft | 32,423 | 592,095 | 597,120 | 262,230 | 768,022 | ||||||||||
| Bank loan | 146,872 | 101,304 | |||||||||||||
| Trade Creditors | 2,488,055 | 2,656,917 | 1,597,150 | 600,781 | 489,321 | 1,675,313 | 796,057 | 864,434 | 1,314,729 | 2,013,334 | 1,170,777 | 1,073,405 | 894,887 | 720,643 | 569,405 |
| Group/Directors Accounts | 2,117,237 | 2,218,918 | 169,593 | 60,506 | 91,544 | 101,849 | 119,950 | 131,899 | 160,052 | 175,894 | |||||
| other short term finances | 261,603 | ||||||||||||||
| hp & lease commitments | 453,797 | 599,894 | 226,962 | 261,630 | 245,792 | 276,568 | 286,124 | 290,644 | 280,556 | 95,750 | |||||
| other current liabilities | 1,837,803 | 776,046 | 2,514,933 | 571,511 | 783,977 | 1,504,190 | 975,536 | 1,232,988 | 520,110 | 344,330 | |||||
| total current liabilities | 6,929,315 | 6,843,870 | 5,105,758 | 1,903,530 | 2,479,960 | 3,557,920 | 2,177,667 | 2,519,965 | 2,537,050 | 2,629,308 | 1,170,777 | 1,073,405 | 894,887 | 720,643 | 569,405 |
| loans | 1,257,979 | 1,406,196 | |||||||||||||
| hp & lease commitments | 1,220,418 | 1,298,028 | 195,980 | 279,019 | 412,493 | 326,017 | 532,950 | 797,892 | 1,090,716 | 356,829 | |||||
| Accruals and Deferred Income | 444,556 | 430,163 | 511,741 | 593,377 | 714,393 | 655,754 | |||||||||
| other liabilities | 70,550 | 163,735 | 257,341 | 350,949 | 53,629 | ||||||||||
| provisions | 1,132,514 | 1,167,238 | 673,760 | 484,229 | 469,659 | 296,130 | 279,786 | 283,253 | 267,909 | 178,340 | 58,221 | 31,270 | 35,872 | 37,327 | 39,153 |
| total long term liabilities | 2,423,482 | 2,629,001 | 1,127,081 | 2,372,176 | 2,732,904 | 1,052,310 | 1,324,477 | 1,674,522 | 2,073,018 | 1,190,923 | 111,850 | 31,270 | 35,872 | 37,327 | 39,153 |
| total liabilities | 9,352,797 | 9,472,871 | 6,232,839 | 4,275,706 | 5,212,864 | 4,610,230 | 3,502,144 | 4,194,487 | 4,610,068 | 3,820,231 | 1,282,627 | 1,104,675 | 930,759 | 757,970 | 608,558 |
| net assets | 14,139,146 | 13,028,319 | 9,894,404 | 15,812,591 | 15,166,956 | 12,207,556 | 8,744,861 | 5,937,386 | 3,668,192 | 2,757,449 | 1,729,014 | 1,219,270 | 1,214,331 | 1,130,165 | 1,192,474 |
| total shareholders funds | 14,139,146 | 13,028,319 | 9,894,404 | 15,812,591 | 15,166,956 | 12,207,556 | 8,744,861 | 5,937,386 | 3,668,192 | 2,757,449 | 1,729,014 | 1,219,270 | 1,214,331 | 1,130,165 | 1,192,474 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,030,754 | 2,956,281 | 2,488,213 | 934,085 | 3,831,839 | 4,341,044 | 3,555,084 | 3,127,909 | 1,257,596 | 1,371,382 | |||||
| Depreciation | 983,860 | 796,311 | 609,099 | 698,825 | 613,981 | 477,256 | 459,403 | 432,029 | 362,449 | 78,878 | 62,045 | 58,809 | 58,002 | 66,570 | 81,456 |
| Amortisation | |||||||||||||||
| Tax | -691,493 | -636,908 | -540,934 | -158,326 | -726,672 | -812,446 | -655,752 | -315,551 | -221,100 | -289,603 | |||||
| Stock | 549,172 | 53,141 | 1,770,004 | 174,381 | 273,084 | -23,373 | 387,311 | 377,914 | 653,156 | 242,168 | 39,163 | 276,215 | 31,841 | 97,861 | 748,681 |
| Debtors | 1,609,296 | 4,109,765 | 2,002,360 | -509,668 | -931,619 | 377,526 | -247,227 | 899,014 | 672,965 | 602,333 | 412,610 | 31,194 | 174,355 | 103,119 | 614,715 |
| Creditors | -168,862 | 1,059,767 | 996,369 | 111,460 | -1,185,992 | 879,256 | -68,377 | -450,295 | -698,605 | 842,557 | 97,372 | 178,518 | 174,244 | 151,238 | 569,405 |
| Accruals and Deferred Income | 1,061,757 | -1,738,887 | 1,943,422 | -657,022 | -705,820 | 447,076 | -339,088 | 591,862 | 234,419 | 1,000,084 | |||||
| Deferred Taxes & Provisions | -34,724 | 493,478 | 189,531 | 14,570 | 173,529 | 16,344 | -3,467 | 15,344 | 89,569 | 120,119 | 26,951 | -4,602 | -1,455 | -1,826 | 39,153 |
| Cash flow from operations | 1,022,824 | -1,232,864 | 1,913,336 | 1,278,879 | 2,659,400 | 4,994,377 | 2,807,719 | 2,124,370 | -301,793 | 2,278,916 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | -413,318 | -248,160 | -623,824 | -2,444,548 | |||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -413,318 | -248,160 | -623,824 | -2,444,548 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -146,872 | 45,568 | 101,304 | ||||||||||||
| Group/Directors Accounts | -101,681 | 2,049,325 | 109,087 | -31,038 | -10,305 | -18,101 | -11,949 | -28,153 | -15,842 | 175,894 | |||||
| Other Short Term Loans | -261,603 | 261,603 | |||||||||||||
| Long term loans | -1,257,979 | -148,217 | 1,406,196 | ||||||||||||
| Hire Purchase and Lease Commitments | -223,707 | 1,474,980 | -117,707 | -117,636 | 55,700 | -216,489 | -269,462 | -282,736 | 918,693 | 452,579 | |||||
| other long term liabilities | -93,185 | -93,606 | -93,608 | 350,949 | -53,629 | 53,629 | |||||||||
| share issue | |||||||||||||||
| interest | -118,013 | -44,630 | -58,455 | -72,668 | -57,878 | -32,033 | -58,048 | -69,397 | -64,128 | -11,969 | |||||
| cash flow from financing | -536,586 | 4,355,324 | -1,565,534 | 26,958 | 1,495,017 | -266,623 | -339,459 | -1,091,889 | 1,100,326 | 562,875 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | -922,094 | 364,662 | -549,452 | 509,448 | -1,596,622 | 2,087,044 | 2,026,052 | 760,152 | -316,091 | 354,347 | 142,421 | -81,383 | 81,667 | -59,180 | 59,549 |
| overdraft | -559,672 | -5,025 | 334,890 | -505,792 | 768,022 | ||||||||||
| change in cash | -362,422 | 369,687 | -884,342 | 1,015,240 | -2,364,644 | 2,087,044 | 2,026,052 | 760,152 | -316,091 | 354,347 | 142,421 | -81,383 | 81,667 | -59,180 | 59,549 |
aero fabrications limited Credit Report and Business Information
Aero Fabrications Limited Competitor Analysis
Perform a competitor analysis for aero fabrications limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NG16 area or any other competitors across 12 key performance metrics.
aero fabrications limited Ownership
AERO FABRICATIONS LIMITED group structure
Aero Fabrications Limited has no subsidiary companies.
Ultimate parent company
AERO FABRICATIONS LIMITED
02793994
aero fabrications limited directors
Aero Fabrications Limited currently has 1 director, Mr Neil Gouldby serving since Feb 1993.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Gouldby | 72 years | Feb 1993 | - | Director |
P&L
May 2024turnover
23.5m
+14%
operating profit
2m
-31%
gross margin
26.5%
-16.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
14.1m
+0.09%
total assets
23.5m
+0.04%
cash
2.9m
-0.24%
net assets
Total assets minus all liabilities
aero fabrications limited company details
company number
02793994
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
February 1993
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
ESSEX ABEL LTD
address
common lane, watnall, nottingham, NG16 1HA
Bank
-
Legal Advisor
-
aero fabrications 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 8 charges/mortgages relating to aero fabrications limited. Currently there are 3 open charges and 5 have been satisfied in the past.
aero fabrications limited 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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aero fabrications limited Companies House Filings - See Documents
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