Pomanda estimates the enterprise value of SPECTRUM GAS SYSTEMS LIMITED at £1.2m based on a Turnover of £2.3m and 0.53x industry multiple (adjusted for size and gross margin).
spectrum gas systems limitedEstimated Valuation
£753.2k
Pomanda estimates the enterprise value of SPECTRUM GAS SYSTEMS LIMITED at £753.2k based on an EBITDA of £206.7k and a 3.64x industry multiple (adjusted for size and gross margin).
spectrum gas systems limitedEstimated Valuation
£2.6m
Pomanda estimates the enterprise value of SPECTRUM GAS SYSTEMS LIMITED at £2.6m based on Net Assets of £1.3m and 1.96x industry multiple (adjusted for liquidity).
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Spectrum Gas Systems LimitedOverview
Spectrum Gas Systems Limited is a live company located in cheshire, CW1 6YY with a Companies House number of 03073629. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in June 1995, it's largest shareholder is
mr allan burrell
with a 50% stake. Spectrum Gas Systems Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.3m with
high
growth in recent years.
Pomanda's financial health check has awarded Spectrum Gas Systems Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£12.5m)
£2.3m - Spectrum Gas Systems Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.3%)
20% - Spectrum Gas Systems Limited
5.3% - Industry AVG
Production
with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)
30.7% - Spectrum Gas Systems Limited
30.7% - Industry AVG
Profitability
an operating margin of 7% make it as profitable than the average company (6.1%)
7% - Spectrum Gas Systems Limited
6.1% - Industry AVG
Employees
with 18 employees, this is below the industry average (66)
18 - Spectrum Gas Systems Limited
66 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
£51.9k - Spectrum Gas Systems Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £126.8k, this is less efficient (£187.1k)
£126.8k - Spectrum Gas Systems Limited
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (58 days)
98 days - Spectrum Gas Systems Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (42 days)
10 days - Spectrum Gas Systems Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (88 days)
12 days - Spectrum Gas Systems Limited
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 144 weeks, this is more cash available to meet short term requirements (13 weeks)
144 weeks - Spectrum Gas Systems Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13%, this is a lower level of debt than the average (48.5%)
13% - Spectrum Gas Systems Limited
48.5% - Industry AVG
SPECTRUM GAS SYSTEMS LIMITED financials
EXPORT
Spectrum Gas Systems Limited's latest turnover from December 2023 is estimated at £2.3 million and the company has net assets of £1.3 million. According to their latest financial statements, Spectrum Gas Systems Limited has 18 employees and maintains cash reserves of £488.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
2,283,030
2,031,528
1,837,938
1,307,445
1,825,561
1,164,210
1,423,036
1,184,264
606,546
983,553
741,819
655,276
738,504
531,232
Other Income Or Grants
Cost Of Sales
1,581,932
1,407,906
1,276,915
923,404
1,277,472
805,282
965,142
793,736
413,500
672,825
500,824
442,287
496,509
350,229
Gross Profit
701,098
623,622
561,023
384,041
548,089
358,928
457,894
390,528
193,045
310,728
240,995
212,989
241,995
181,003
Admin Expenses
540,214
480,425
462,255
346,988
528,535
393,953
412,104
224,324
-6,984
179,998
149,182
136,991
107,541
195,352
-410,900
Operating Profit
160,884
143,197
98,768
37,053
19,554
-35,025
45,790
166,204
200,029
130,730
91,813
75,998
134,454
-14,349
410,900
Interest Payable
Interest Receivable
21,941
13,346
1,554
596
3,065
2,939
1,908
1,260
2,323
1,397
1,176
1,035
576
540
338
Pre-Tax Profit
182,825
156,543
100,322
37,649
22,619
-32,086
47,698
167,464
202,351
132,128
92,990
77,033
135,030
-13,809
411,238
Tax
-45,706
-29,743
-19,061
-7,153
-4,298
-9,063
-33,493
-40,470
-27,747
-21,388
-18,488
-35,108
-115,146
Profit After Tax
137,119
126,800
81,261
30,496
18,321
-32,086
38,635
133,971
161,881
104,381
71,602
58,545
99,922
-13,809
296,091
Dividends Paid
Retained Profit
137,119
126,800
81,261
30,496
18,321
-32,086
38,635
133,971
161,881
104,381
71,602
58,545
99,922
-13,809
296,091
Employee Costs
933,358
875,860
752,162
686,965
733,619
539,172
521,116
495,979
164,848
246,269
202,197
156,665
190,185
145,807
Number Of Employees
18
18
16
15
16
12
12
12
4
6
5
4
5
4
EBITDA*
206,699
180,239
121,630
58,810
47,172
-14,816
72,210
184,501
217,915
147,949
110,293
100,242
163,294
5,268
432,268
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
151,340
122,169
81,128
78,636
98,024
77,485
97,979
75,701
76,772
77,474
83,986
102,466
122,201
99,383
108,157
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
151,340
122,169
81,128
78,636
98,024
77,485
97,979
75,701
76,772
77,474
83,986
102,466
122,201
99,383
108,157
Stock & work in progress
55,821
182,514
21,670
104,440
61,303
66,338
26,099
41,627
124,838
96,983
180,051
109,260
97,870
32,705
29,580
Trade Debtors
617,036
500,795
521,932
207,899
406,501
215,424
384,664
277,536
140,033
240,952
153,295
119,458
166,100
154,765
158,363
Group Debtors
235,000
250,000
250,000
Misc Debtors
198,997
217,357
191,016
245,716
243,520
28,114
19,992
9,730
8,926
Cash
488,850
347,005
415,628
827,619
364,888
452,441
331,389
431,668
575,992
353,082
205,899
264,556
149,464
80,922
135,046
misc current assets
total current assets
1,360,704
1,247,671
1,150,246
1,385,674
1,076,212
997,317
1,012,144
1,010,561
849,789
691,017
539,245
493,274
413,434
268,392
322,989
total assets
1,512,044
1,369,840
1,231,374
1,464,310
1,174,236
1,074,802
1,110,123
1,086,262
926,561
768,491
623,231
595,740
535,635
367,775
431,146
Bank overdraft
Bank loan
Trade Creditors
44,390
60,211
68,442
79,026
127,559
89,691
79,374
53,003
59,359
138,904
96,110
137,705
134,377
62,915
108,295
Group/Directors Accounts
13,441
14,920
14,959
24,779
2,651
2,651
5,248
2,851
2,851
other short term finances
hp & lease commitments
other current liabilities
118,003
108,034
93,949
384,507
95,661
55,989
64,691
106,390
75,113
total current liabilities
175,834
183,165
177,350
488,312
225,871
148,331
149,313
162,244
137,323
138,904
96,110
137,705
134,377
62,915
108,295
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,537
6,061
8,764
provisions
20,080
7,664
1,813
5,048
7,911
4,338
6,591
8,434
7,625
9,855
11,770
14,286
13,517
13,517
14,996
total long term liabilities
20,080
7,664
1,813
5,048
7,911
4,338
6,591
8,434
7,625
9,855
11,770
14,286
16,054
19,578
23,760
total liabilities
195,914
190,829
179,163
493,360
233,782
152,669
155,904
170,678
144,948
148,759
107,880
151,991
150,431
82,493
132,055
net assets
1,316,130
1,179,011
1,052,211
970,950
940,454
922,133
954,219
915,584
781,613
619,732
515,351
443,749
385,204
285,282
299,091
total shareholders funds
1,316,130
1,179,011
1,052,211
970,950
940,454
922,133
954,219
915,584
781,613
619,732
515,351
443,749
385,204
285,282
299,091
Dec 2023
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
160,884
143,197
98,768
37,053
19,554
-35,025
45,790
166,204
200,029
130,730
91,813
75,998
134,454
-14,349
410,900
Depreciation
45,815
37,042
22,862
21,757
27,618
20,209
26,420
18,297
17,886
17,219
18,480
24,244
28,840
19,617
21,368
Amortisation
Tax
-45,706
-29,743
-19,061
-7,153
-4,298
-9,063
-33,493
-40,470
-27,747
-21,388
-18,488
-35,108
-115,146
Stock
-126,693
160,844
-82,770
43,137
-5,035
40,239
-15,528
-83,211
27,855
-83,068
70,791
11,390
65,165
3,125
29,580
Debtors
97,881
5,204
259,333
-196,406
171,483
-176,118
117,390
388,307
-91,993
87,657
33,837
-46,642
11,335
-3,598
158,363
Creditors
-15,821
-8,231
-10,584
-48,533
37,868
10,317
26,371
-6,356
-79,545
42,794
-41,595
3,328
71,462
-45,380
108,295
Accruals and Deferred Income
9,969
14,085
-290,558
288,846
39,672
-8,702
-41,699
31,277
75,113
Deferred Taxes & Provisions
12,416
5,851
-3,235
-2,863
3,573
-2,253
-1,843
809
-2,230
-1,915
-2,516
769
-1,479
14,996
Cash flow from operations
196,369
-3,847
-378,371
442,376
-42,461
120,425
-55,886
-128,358
234,921
156,492
-59,834
121,103
123,148
-41,118
252,470
Investing Activities
capital expenditure
-74,986
-78,083
-25,354
-2,369
-48,157
285
-48,698
-17,226
-17,184
-10,707
-4,509
-51,658
-10,843
-129,525
Change in Investments
cash flow from investments
-74,986
-78,083
-25,354
-2,369
-48,157
285
-48,698
-17,226
-17,184
-10,707
-4,509
-51,658
-10,843
-129,525
Financing Activities
Bank loans
Group/Directors Accounts
-1,479
-39
-9,820
22,128
-2,597
2,397
2,851
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-2,537
-3,524
-2,703
8,764
share issue
3,000
interest
21,941
13,346
1,554
596
3,065
2,939
1,908
1,260
2,323
1,397
1,176
1,035
576
540
338
cash flow from financing
20,462
13,307
-8,266
22,724
3,065
342
4,305
1,260
5,174
1,397
1,176
-1,502
-2,948
-2,163
12,102
cash and cash equivalents
cash
141,845
-68,623
-411,991
462,731
-87,553
121,052
-100,279
-144,324
222,910
147,183
-58,657
115,092
68,542
-54,124
135,046
overdraft
change in cash
141,845
-68,623
-411,991
462,731
-87,553
121,052
-100,279
-144,324
222,910
147,183
-58,657
115,092
68,542
-54,124
135,046
spectrum gas systems limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spectrum gas systems limited. Get real-time insights into spectrum gas systems limited's credit score, group structure and payment trends.
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spectrum gas systems limited Ownership
SPECTRUM GAS SYSTEMS LIMITED group structure
Spectrum Gas Systems Limited has no subsidiary companies.
Ultimate parent company
SPECTRUM GAS SYSTEMS LIMITED
03073629
SPECTRUM GAS SYSTEMS LIMITED Shareholders
The largest shareholders in Spectrum Gas Systems Limited include Mr Allan Burrell and Mrs Jacquelyn Burrell.
mr allan burrell
50%
mrs jacquelyn burrell
50%
spectrum gas systems limited directors
Spectrum Gas Systems Limited currently has 2 directors.
The longest serving directors include
Mr Allan Burrell (Jan 1996) and
Mrs Jacqueline Burrell (Jul 2017).
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
June 1995
age
30
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
gateway, crewe, cheshire, CW1 6YY
Bank
-
Legal Advisor
-
spectrum gas systems 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 spectrum gas systems limited.
spectrum gas systems limited Capital Raised & Share Issues BETA
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spectrum gas systems limitedCompanies House Filings - See Documents
