angel trains limited

angel trains limited Company Information

Share ANGEL TRAINS LIMITED
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MatureMegaDeclining

Company Number

02912655

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

 

Directors

Alan Lowe

David Jordan

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Shareholders

angel trains group ltd

Group Structure

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Contact

Registered Address

123 victoria street, london, SW1E 6DE

angel trains limited Estimated Valuation

£485.8m

Pomanda estimates the enterprise value of ANGEL TRAINS LIMITED at £485.8m based on a Turnover of £338.9m and 1.43x industry multiple (adjusted for size and gross margin).

angel trains limited Estimated Valuation

£1.7b

Pomanda estimates the enterprise value of ANGEL TRAINS LIMITED at £1.7b based on an EBITDA of £266.5m and a 6.32x industry multiple (adjusted for size and gross margin).

angel trains limited Estimated Valuation

£574.7m

Pomanda estimates the enterprise value of ANGEL TRAINS LIMITED at £574.7m based on Net Assets of £252.4m and 2.28x industry multiple (adjusted for liquidity).

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Angel Trains Limited Overview

Angel Trains Limited is a live company located in london, SW1E 6DE with a Companies House number of 02912655. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in March 1994, it's largest shareholder is angel trains group ltd with a 100% stake. Angel Trains Limited is a mature, mega sized company, Pomanda has estimated its turnover at £338.9m with declining growth in recent years.

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Angel Trains Limited Health Check

Pomanda's financial health check has awarded Angel Trains Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £338.9m, make it larger than the average company (£10.2m)

£338.9m - Angel Trains Limited

£10.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7.2%)

-5% - Angel Trains Limited

7.2% - Industry AVG

production

Production

with a gross margin of 48.9%, this company has a comparable cost of product (49.3%)

48.9% - Angel Trains Limited

49.3% - Industry AVG

profitability

Profitability

an operating margin of 40.4% make it more profitable than the average company (12.9%)

40.4% - Angel Trains Limited

12.9% - Industry AVG

employees

Employees

with 135 employees, this is above the industry average (49)

135 - Angel Trains Limited

49 - Industry AVG

paystructure

Pay Structure

on an average salary of £160k, the company has a higher pay structure (£47.1k)

£160k - Angel Trains Limited

£47.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.5m, this is more efficient (£215.7k)

£2.5m - Angel Trains Limited

£215.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (55 days)

7 days - Angel Trains Limited

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (51 days)

7 days - Angel Trains Limited

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (20 days)

0 days - Angel Trains Limited

20 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (6 weeks)

10 weeks - Angel Trains Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (65.1%)

85.3% - Angel Trains Limited

65.1% - Industry AVG

ANGEL TRAINS LIMITED financials

EXPORTms excel logo

Angel Trains Limited's latest turnover from December 2023 is £338.9 million and the company has net assets of £252.4 million. According to their latest financial statements, Angel Trains Limited has 135 employees and maintains cash reserves of £36.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Sep 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010May 2010
Turnover338,900,000343,800,000425,800,000390,700,000383,800,000421,100,000392,000,000448,700,000276,000,000349,300,000336,200,000340,700,000341,700,000194,000,000328,500,000
Other Income Or Grants000000000000000
Cost Of Sales173,000,000177,200,000196,600,000198,300,000172,900,000196,900,000200,500,000225,000,000142,800,000185,500,000174,200,000172,900,000167,000,000107,900,000178,700,000
Gross Profit165,900,000166,600,000229,200,000192,400,000210,900,000224,200,000191,500,000223,700,000133,200,000163,800,000162,000,000167,800,000174,700,00086,100,000149,800,000
Admin Expenses29,000,00026,500,00022,000,00019,100,00018,800,00018,800,00019,300,00024,000,0005,800,00014,500,00015,200,000-352,700,0009,400,000-48,000,000-1,100,000
Operating Profit136,900,000140,100,000207,200,000173,300,000192,100,000205,400,000172,200,000199,700,000127,400,000149,300,000146,800,000520,500,000165,300,000134,100,000150,900,000
Interest Payable67,800,00070,600,00074,000,00094,400,00087,200,00079,300,00064,200,00093,600,00062,700,00079,900,00078,500,00085,700,00084,400,00041,100,00071,300,000
Interest Receivable2,900,0002,100,0001,400,0003,400,0009,400,0002,900,00014,000,00016,000,00013,200,00015,800,00017,700,00042,100,00051,500,00024,100,00038,500,000
Pre-Tax Profit72,000,00071,600,000134,600,00082,300,000114,300,000128,900,000113,300,000138,200,00071,100,00084,800,00086,000,000476,900,000132,400,000117,100,000118,100,000
Tax-16,200,000-14,800,000-75,600,000-33,800,000-20,300,000-23,300,000-21,700,000-16,000,000-13,200,000-17,400,00013,800,000-3,300,000-8,900,000-4,900,000-28,300,000
Profit After Tax55,800,00056,800,00059,000,00048,500,00094,000,000105,600,00091,600,000122,200,00057,900,00067,400,00099,800,000473,600,000123,500,000112,200,00089,800,000
Dividends Paid110,000,000124,600,00000105,000,000147,000,00065,300,00095,000,00060,000,00085,000,00018,000,000859,600,000151,400,00093,000,000112,400,000
Retained Profit-54,200,000-67,800,00059,000,00048,500,000-11,000,000-41,400,00026,300,00027,200,000-2,100,000-17,600,00081,800,000-386,000,000-27,900,00019,200,000-22,600,000
Employee Costs21,600,00019,600,00017,800,00018,400,00017,600,00018,300,00018,200,00023,400,00011,900,00014,500,00012,900,00011,500,00011,300,0006,600,00011,900,000
Number Of Employees135128123121121122122115111109110108107107107
EBITDA*266,500,000264,000,000230,000,000199,700,000207,300,000322,100,000279,700,000320,600,000202,000,000247,900,000247,000,000614,800,000258,100,000200,600,000262,200,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Sep 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010May 2010
Tangible Assets811,600,000762,100,0001,649,900,0001,697,500,0001,749,700,0001,632,500,0001,551,100,0001,476,600,0001,590,500,0001,584,600,0001,583,200,0001,648,500,0002,092,400,0002,204,700,0002,195,100,000
Intangible Assets831,800,000872,900,0000000000000000
Investments & Other185,200,000120,200,000100,000100,000045,600,00042,800,0000160,100,000165,100,000187,800,000183,600,000109,300,000130,500,000123,900,000
Debtors (Due After 1 year)3,500,0006,600,00038,500,000048,500,0000054,700,0000000498,200,000520,200,000483,200,000
Total Fixed Assets1,643,400,0001,635,000,0001,649,900,0001,697,500,0001,749,700,0001,632,500,0001,551,100,0001,476,600,0001,590,500,0001,584,600,0001,583,200,0001,648,500,0002,092,400,0002,204,700,0002,195,100,000
Stock & work in progress100,000200,000300,000300,000500,000700,000800,000900,0001,100,0001,200,0001,300,0001,500,0001,600,0001,800,0001,900,000
Trade Debtors6,700,00011,600,000700,000100,000900,000200,0001,600,0001,000,000200,0001,000,0004,700,000600,000900,000200,000200,000
Group Debtors2,600,000500,00000300,00000014,700,0000000300,0000
Misc Debtors13,300,00019,900,00023,700,00022,800,00032,000,00028,100,00026,400,00015,300,00018,700,00019,500,00015,300,00019,600,00021,200,00018,900,00033,600,000
Cash36,300,000112,700,000134,300,00094,300,00013,500,00012,300,00010,400,0008,300,0002,400,000900,0006,500,0007,400,0007,400,00011,700,00049,800,000
misc current assets009,700,0008,900,00011,100,00031,800,0000100,0000000000
total current assets70,100,000158,600,000168,700,000142,400,00058,300,00073,100,00039,200,00025,600,00037,100,00022,600,00027,800,00029,100,00031,100,00032,900,00085,500,000
total assets1,713,500,0001,793,600,0001,818,600,0001,839,900,0001,808,000,0001,705,600,0001,590,300,0001,502,200,0001,627,600,0001,607,200,0001,611,000,0001,677,600,0002,123,500,0002,237,600,0002,280,600,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 3,500,0003,800,0004,600,0005,000,0002,500,0004,100,00010,300,0002,700,0002,600,0006,100,0006,400,0008,500,0009,200,00011,500,0007,600,000
Group/Directors Accounts0011,500,000000000000000
other short term finances00000000400,000200,000000056,700,000
hp & lease commitments40,700,00042,200,00045,000,00048,500,00049,300,00051,500,00049,500,00048,700,00040,900,00034,900,00036,300,00029,600,00040,900,00054,800,00061,800,000
other current liabilities128,500,000126,400,000112,800,000149,700,000129,100,00088,500,00063,600,00091,400,00067,900,00058,100,00087,700,00099,200,000123,500,000101,800,00064,000,000
total current liabilities172,700,000172,400,000173,900,000203,200,000180,900,000144,100,000123,400,000142,800,000111,800,00099,300,000130,400,000137,300,000173,600,000168,100,000190,100,000
loans1,502,800,0001,502,700,0001,499,400,0001,601,900,0001,697,900,0001,656,000,0001,562,900,0001,516,100,0001,713,600,0001,721,900,0001,688,400,0001,810,600,0001,819,600,0001,906,700,0001,950,200,000
hp & lease commitments439,100,000428,000,000466,800,000508,200,000552,700,000593,200,000640,100,000684,800,000739,100,000767,300,000796,600,000827,000,000850,500,000885,100,000911,600,000
Accruals and Deferred Income13,700,00013,700,00017,000,000024,300,00029,900,00035,800,00041,100,00050,100,00054,500,00062,600,00070,400,00078,100,00086,500,00091,600,000
other liabilities3,800,0005,300,0003,500,00027,000,0004,700,0005,500,0005,100,0004,600,0001,800,0001,800,0001,900,0001,700,0001,300,0001,000,0000
provisions414,400,000436,200,000471,800,000386,600,000342,800,000334,600,000338,800,000368,000,000412,600,000428,800,000443,600,000523,400,000581,800,000642,400,000687,000,000
total long term liabilities1,288,400,0001,311,800,0001,289,000,0001,314,000,0001,345,600,0001,265,500,0001,133,100,0001,061,000,0001,232,700,0001,225,300,0001,178,100,0001,317,400,0001,339,400,0001,430,300,0001,473,700,000
total liabilities1,461,100,0001,484,200,0001,462,900,0001,517,200,0001,526,500,0001,409,600,0001,256,500,0001,203,800,0001,344,500,0001,324,600,0001,308,500,0001,454,700,0001,513,000,0001,598,400,0001,663,800,000
net assets252,400,000309,400,000355,700,000322,700,000281,500,000296,000,000333,800,000298,400,000283,100,000282,600,000302,500,000222,900,000610,500,000639,200,000616,800,000
total shareholders funds252,400,000309,400,000355,700,000322,700,000281,500,000296,000,000333,800,000298,400,000283,100,000282,600,000302,500,000222,900,000610,500,000639,200,000616,800,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Sep 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010May 2010
Operating Activities
Operating Profit136,900,000140,100,000207,200,000173,300,000192,100,000205,400,000172,200,000199,700,000127,400,000149,300,000146,800,000520,500,000165,300,000134,100,000150,900,000
Depreciation23,100,00020,000,00022,800,00026,400,00015,200,000116,700,000107,500,000120,900,00074,600,00098,600,000100,200,00094,300,00092,800,00066,500,000111,300,000
Amortisation106,500,000103,900,0000000000000000
Tax-16,200,000-14,800,000-75,600,000-33,800,000-20,300,000-23,300,000-21,700,000-16,000,000-13,200,000-17,400,00013,800,000-3,300,000-8,900,000-4,900,000-28,300,000
Stock-100,000-100,0000-200,000-200,000-100,000-100,000-200,000-100,000-100,000-200,000-100,000-200,0001,800,0001,900,000
Debtors-12,500,000-24,300,00040,000,000-58,800,00053,400,000300,000-43,000,00037,400,00013,100,000500,000-200,000-500,100,000-19,300,000539,600,000517,000,000
Creditors-300,000-800,000-400,0002,500,000-1,600,000-6,200,0007,600,000100,000-3,500,000-300,000-2,100,000-700,000-2,300,00011,500,0007,600,000
Accruals and Deferred Income2,100,00010,300,000-19,900,000-3,700,00035,000,00019,000,000-33,100,00014,500,0005,400,000-37,700,000-19,300,000-32,000,00013,300,000188,300,000155,600,000
Deferred Taxes & Provisions-21,800,000-35,600,00085,200,00043,800,0008,200,000-4,200,000-29,200,000-44,600,000-16,200,000-14,800,000-79,800,000-58,400,000-60,600,000642,400,000687,000,000
Cash flow from operations242,900,000247,500,000179,300,000267,500,000175,400,000307,200,000246,400,000237,400,000161,500,000177,300,000160,000,0001,020,600,000219,100,000496,500,000565,200,000
Investing Activities
capital expenditure-138,000,000-109,000,00024,800,00025,800,000-132,400,000-198,100,000-182,000,000-7,000,000-80,500,000-100,000,000-34,900,000349,600,00019,500,000-2,271,200,000-2,306,400,000
Change in Investments65,000,000120,100,0000100,000-45,600,0002,800,00042,800,000-160,100,000-5,000,000-22,700,0004,200,00074,300,000-21,200,000130,500,000123,900,000
cash flow from investments-203,000,000-229,100,00024,800,00025,700,000-86,800,000-200,900,000-224,800,000153,100,000-75,500,000-77,300,000-39,100,000275,300,00040,700,000-2,401,700,000-2,430,300,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0-11,500,00011,500,000000000000000
Other Short Term Loans 0000000-400,000200,000200,000000056,700,000
Long term loans100,0003,300,000-102,500,000-96,000,00041,900,00093,100,00046,800,000-197,500,000-8,300,00033,500,000-122,200,000-9,000,000-87,100,0001,906,700,0001,950,200,000
Hire Purchase and Lease Commitments9,600,000-41,600,000-44,900,000-45,300,000-42,700,000-44,900,000-43,900,000-46,500,000-22,200,000-30,700,000-23,700,000-34,800,000-48,500,000939,900,000973,400,000
other long term liabilities-1,500,0001,800,000-23,500,00022,300,000-800,000400,000500,0002,800,0000-100,000200,000400,000300,0001,000,0000
share issue-2,800,00021,500,000-26,000,000-7,300,000-3,500,0003,600,0009,100,000-11,900,0002,600,000-2,300,000-2,200,000-1,600,000-800,000620,000,000639,400,000
interest-64,900,000-68,500,000-72,600,000-91,000,000-77,800,000-76,400,000-50,200,000-77,600,000-49,500,000-64,100,000-60,800,000-43,600,000-32,900,000-17,000,000-32,800,000
cash flow from financing-59,500,000-95,000,000-258,000,000-217,300,000-82,900,000-24,200,000-37,700,000-331,100,000-77,200,000-63,500,000-208,700,000-88,600,000-169,000,0003,450,600,0003,586,900,000
cash and cash equivalents
cash-76,400,000-21,600,00040,000,00080,800,0001,200,0001,900,0002,100,0005,900,0001,500,000-5,600,000-900,0000-4,300,00011,700,00049,800,000
overdraft000000000000000
change in cash-76,400,000-21,600,00040,000,00080,800,0001,200,0001,900,0002,100,0005,900,0001,500,000-5,600,000-900,0000-4,300,00011,700,00049,800,000

angel trains limited 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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Angel Trains Limited Competitor Analysis

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Perform a competitor analysis for angel trains limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in SW1E area or any other competitors across 12 key performance metrics.

angel trains limited Ownership

ANGEL TRAINS LIMITED group structure

Angel Trains Limited has 2 subsidiary companies.

Ultimate parent company

WILLOW TOPCO LTD

#0058897

2 parents

ANGEL TRAINS LIMITED

02912655

2 subsidiaries

ANGEL TRAINS LIMITED Shareholders

angel trains group ltd 100%

angel trains limited directors

Angel Trains Limited currently has 5 directors. The longest serving directors include Mr Alan Lowe (May 2012) and Mr David Jordan (Aug 2018).

officercountryagestartendrole
Mr Alan LoweEngland56 years May 2012- Director
Mr David JordanEngland51 years Aug 2018- Director
Mr Matthew Prosser52 years Jul 2019- Director
Mr Malcolm Brown57 years Jul 2020- Director
Mr Malcolm BrownEngland57 years Jul 2020- Director

P&L

December 2023

turnover

338.9m

-1%

operating profit

136.9m

-2%

gross margin

49%

+1.02%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

252.4m

-0.18%

total assets

1.7b

-0.04%

cash

36.3m

-0.68%

net assets

Total assets minus all liabilities

angel trains limited company details

company number

02912655

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

March 1994

age

30

incorporated

UK

ultimate parent company

WILLOW TOPCO LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

angel train contracts limited (May 2000)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

123 victoria street, london, SW1E 6DE

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

angel trains 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 112 charges/mortgages relating to angel trains limited. Currently there are 7 open charges and 105 have been satisfied in the past.

angel trains 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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angel trains limited Companies House Filings - See Documents

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