north west aerospace alliance

north west aerospace alliance Company Information

Share NORTH WEST AEROSPACE ALLIANCE
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Company Number

03005520

Industry

Activities of professional membership organisations

 

Directors

Syd Carson

Anthony Hammond

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Shareholders

-

Group Structure

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Contact

Registered Address

suite 202, pendle business centr, commercial street, nelson, BB9 9BT

north west aerospace alliance Estimated Valuation

£458.6k

Pomanda estimates the enterprise value of NORTH WEST AEROSPACE ALLIANCE at £458.6k based on a Turnover of £876.1k and 0.52x industry multiple (adjusted for size and gross margin).

north west aerospace alliance Estimated Valuation

£27.3k

Pomanda estimates the enterprise value of NORTH WEST AEROSPACE ALLIANCE at £27.3k based on an EBITDA of £9.8k and a 2.79x industry multiple (adjusted for size and gross margin).

north west aerospace alliance Estimated Valuation

£635.6k

Pomanda estimates the enterprise value of NORTH WEST AEROSPACE ALLIANCE at £635.6k based on Net Assets of £239.4k and 2.66x industry multiple (adjusted for liquidity).

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North West Aerospace Alliance Overview

North West Aerospace Alliance is a live company located in nelson, BB9 9BT with a Companies House number of 03005520. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in January 1995, it's largest shareholder is unknown. North West Aerospace Alliance is a mature, small sized company, Pomanda has estimated its turnover at £876.1k with low growth in recent years.

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North West Aerospace Alliance Health Check

Pomanda's financial health check has awarded North West Aerospace Alliance a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £876.1k, make it larger than the average company (£725.9k)

£876.1k - North West Aerospace Alliance

£725.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.9%)

2% - North West Aerospace Alliance

8.9% - Industry AVG

production

Production

with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)

69.2% - North West Aerospace Alliance

69.2% - Industry AVG

profitability

Profitability

an operating margin of 0.9% make it less profitable than the average company (1.9%)

0.9% - North West Aerospace Alliance

1.9% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (11)

8 - North West Aerospace Alliance

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £47k, the company has an equivalent pay structure (£47k)

£47k - North West Aerospace Alliance

£47k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £109.5k, this is equally as efficient (£104.4k)

£109.5k - North West Aerospace Alliance

£104.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is later than average (22 days)

29 days - North West Aerospace Alliance

22 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is slower than average (28 days)

38 days - North West Aerospace Alliance

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - North West Aerospace Alliance

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 63 weeks, this is less cash available to meet short term requirements (98 weeks)

63 weeks - North West Aerospace Alliance

98 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.7%, this is a higher level of debt than the average (28.1%)

48.7% - North West Aerospace Alliance

28.1% - Industry AVG

NORTH WEST AEROSPACE ALLIANCE financials

EXPORTms excel logo

North West Aerospace Alliance's latest turnover from March 2024 is estimated at £876.1 thousand and the company has net assets of £239.4 thousand. According to their latest financial statements, North West Aerospace Alliance has 8 employees and maintains cash reserves of £277.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover876,138426,029977,304819,2681,103,2111,339,5371,771,5581,709,3832,582,2873,097,1696,126,8728,079,35313,596,77913,061,18411,126,347
Other Income Or Grants000000000000000
Cost Of Sales270,069131,200355,710264,268395,483446,384581,241519,420839,7271,195,7432,779,9643,422,2515,074,8985,501,3984,216,739
Gross Profit606,069294,828621,595554,999707,728893,1541,190,3171,189,9631,742,5591,901,4253,346,9084,657,1028,521,8817,559,7876,909,608
Admin Expenses598,130176,450576,544568,785795,749974,1431,234,3351,231,3951,776,0731,856,0413,602,7594,775,2038,739,4947,303,7745,887,311
Operating Profit7,939118,37845,051-13,786-88,021-80,989-44,018-41,432-33,51445,384-255,851-118,101-217,613256,0131,022,297
Interest Payable000000000000000
Interest Receivable16,22011,1961,2541581891,9311,7981,0612,9502,5141,0741,0151,6101,995977
Pre-Tax Profit24,159129,57446,305-13,628-87,832-79,058-42,220-40,371-30,56447,899-254,777-117,086-216,003258,0081,023,274
Tax-6,040-24,619-8,798000000-10,059000-72,242-286,517
Profit After Tax18,119104,95537,507-13,628-87,832-79,058-42,220-40,371-30,56437,840-254,777-117,086-216,003185,766736,757
Dividends Paid000000000000000
Retained Profit18,119104,95537,507-13,628-87,832-79,058-42,220-40,371-30,56437,840-254,777-117,086-216,003185,766736,757
Employee Costs376,092311,861716,776667,962703,866764,423925,847932,332969,7441,126,2372,250,7053,072,2475,168,4414,945,5163,985,997
Number Of Employees8717171820242426305881140133109
EBITDA*9,803119,41245,539-12,800-86,491-79,163-41,667-39,624-32,03454,120-229,807-77,625-178,470292,4261,034,026

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets5,4672,4705904371,1312,1413,9212,6153,9912058,94134,47074,94683,474109,349
Intangible Assets000000000000000
Investments & Other010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,46712,47010,59010,43711,13112,14113,92112,61513,99110,20518,94144,47084,94693,474119,349
Stock & work in progress000000000000000
Trade Debtors71,6978,46229,52513,91638,60355,785104,34891,634210,370224,207462,248634,224957,829908,673692,389
Group Debtors000000000000000
Misc Debtors112,5095,4727,16611,47396,73582,450103,57250,388113,354000000
Cash277,260340,650186,241148,087167,549209,815305,225414,082435,066744,988260,762168,989236,875407,267390,826
misc current assets000000000000000
total current assets461,466354,584222,932173,476302,887348,050513,145556,104758,790969,195723,010803,2131,194,7041,315,9401,083,215
total assets466,933367,054233,522183,913314,018360,191527,066568,719772,781979,400741,951847,6831,279,6501,409,4141,202,564
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 28,28250,31129,95013,02618,35735,32412,7798,78318,089606,903407,294258,249573,130486,891465,807
Group/Directors Accounts010,00012,59912,59912,59912,59912,59912,59912,599000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities199,24685,45774,64279,464190,610131,984242,346245,775400,160000000
total current liabilities227,528145,768117,191105,089221,566179,907267,724267,157430,848606,903407,294258,249573,130486,891465,807
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities227,528145,768117,191105,089221,566179,907267,724267,157430,848606,903407,294258,249573,130486,891465,807
net assets239,405221,286116,33178,82492,452180,284259,342301,562341,933372,497334,657589,434706,520922,523736,757
total shareholders funds239,405221,286116,33178,82492,452180,284259,342301,562341,933372,497334,657589,434706,520922,523736,757
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit7,939118,37845,051-13,786-88,021-80,989-44,018-41,432-33,51445,384-255,851-118,101-217,613256,0131,022,297
Depreciation1,8641,0344889861,5301,8262,3511,8081,4808,73626,04440,47639,14336,41311,729
Amortisation000000000000000
Tax-6,040-24,619-8,798000000-10,059000-72,242-286,517
Stock000000000000000
Debtors170,272-22,75711,302-109,949-2,897-69,68565,898-181,70299,517-238,041-171,976-323,60549,156216,284692,389
Creditors-22,02920,36116,924-5,331-16,96722,5453,996-9,306-588,814199,609149,045-314,88186,23921,084465,807
Accruals and Deferred Income113,78910,815-4,822-111,14658,626-110,362-3,429-154,385400,160000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-74,749148,72637,541-19,328-41,935-97,295-106,998-21,613-320,205481,71191,214-68,901-141,38724,984520,927
Investing Activities
capital expenditure-4,861-2,914-641-292-520-46-3,657-432-5,2660-5150-30,615-10,538-121,078
Change in Investments-10,000000000000000010,000
cash flow from investments5,139-2,914-641-292-520-46-3,657-432-5,2660-5150-30,615-10,538-131,078
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-10,000-2,59900000012,599000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000000
interest16,22011,1961,2541581891,9311,7981,0612,9502,5141,0741,0151,6101,995977
cash flow from financing6,2208,5971,2541581891,9311,7981,06115,5492,5141,0741,0151,6101,995977
cash and cash equivalents
cash-63,390154,40938,154-19,462-42,266-95,410-108,857-20,984-309,922484,22691,773-67,886-170,39216,441390,826
overdraft000000000000000
change in cash-63,390154,40938,154-19,462-42,266-95,410-108,857-20,984-309,922484,22691,773-67,886-170,39216,441390,826

north west aerospace alliance 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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North West Aerospace Alliance Competitor Analysis

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Perform a competitor analysis for north west aerospace alliance by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in BB9 area or any other competitors across 12 key performance metrics.

north west aerospace alliance Ownership

NORTH WEST AEROSPACE ALLIANCE group structure

North West Aerospace Alliance has 1 subsidiary company.

Ultimate parent company

NORTH WEST AEROSPACE ALLIANCE

03005520

1 subsidiary

NORTH WEST AEROSPACE ALLIANCE Shareholders

--

north west aerospace alliance directors

North West Aerospace Alliance currently has 15 directors. The longest serving directors include Syd Carson (Dec 2004) and Mr Anthony Hammond (Mar 2014).

officercountryagestartendrole
Syd Carson68 years Dec 2004- Director
Mr Anthony HammondUnited Kingdom54 years Mar 2014- Director
Mr Andrew SchofieldEngland64 years Dec 2021- Director
Mr Jonathan BridgesEngland50 years Mar 2022- Director
Mr Jeffrey CheethamEngland60 years Mar 2022- Director
Mrs Paula GillEngland54 years May 2022- Director
Mrs Lynne GillenEngland54 years Sep 2022- Director
Ms Beth OwenEngland35 years Sep 2022- Director
Mrs Annette WeekesEngland45 years Oct 2022- Director
Mr Dion WilliamsEngland55 years Nov 2022- Director

P&L

March 2024

turnover

876.1k

+106%

operating profit

7.9k

0%

gross margin

69.2%

-0.04%

turnover

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

Balance Sheet

March 2024

net assets

239.4k

+0.08%

total assets

466.9k

+0.27%

cash

277.3k

-0.19%

net assets

Total assets minus all liabilities

north west aerospace alliance company details

company number

03005520

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94120 - Activities of professional membership organisations

incorporation date

January 1995

age

29

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

consortium of lancashire aerospace (March 1999)

accountant

-

auditor

-

address

suite 202, pendle business centr, commercial street, nelson, BB9 9BT

Bank

-

Legal Advisor

-

north west aerospace alliance 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 north west aerospace alliance.

north west aerospace alliance 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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north west aerospace alliance Companies House Filings - See Documents

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