Pomanda estimates the enterprise value of CETCO (EUROPE) LTD. at £2.1m based on a Turnover of £4.7m and 0.44x industry multiple (adjusted for size and gross margin).
cetco (europe) ltd.Estimated Valuation
£0
Pomanda estimates the enterprise value of CETCO (EUROPE) LTD. at £0 based on an EBITDA of £-1m and a 3.19x industry multiple (adjusted for size and gross margin).
cetco (europe) ltd.Estimated Valuation
£2.9m
Pomanda estimates the enterprise value of CETCO (EUROPE) LTD. at £2.9m based on Net Assets of £1.4m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cetco (europe) Ltd.Overview
Cetco (europe) Ltd. is a live company located in london, E1 6RS with a Companies House number of 03092362. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 1995, it's largest shareholder is
amcol minerals eu ltd
with a 100% stake. Cetco (europe) Ltd. is a mature,
small sized company, Pomanda has estimated its turnover at
£4.7m with
declining
growth in recent years.
Pomanda's financial health check has awarded Cetco (Europe) Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
1 Strong
4 Regular
7 Weak
Size
annual sales of £4.7m, make it in line with the average company (£4.8m)
£4.7m - Cetco (europe) Ltd.
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.6%)
-2% - Cetco (europe) Ltd.
6.6% - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (38.3%)
16.6% - Cetco (europe) Ltd.
38.3% - Industry AVG
Profitability
an operating margin of -23.3% make it less profitable than the average company (5.7%)
-23.3% - Cetco (europe) Ltd.
5.7% - Industry AVG
Employees
with 11 employees, this is below the industry average (27)
11 - Cetco (europe) Ltd.
27 - Industry AVG
Pay Structure
on an average salary of £66.6k, the company has a higher pay structure (£54k)
£66.6k - Cetco (europe) Ltd.
£54k - Industry AVG
Efficiency
resulting in sales per employee of £429.5k, this is more efficient (£171.4k)
£429.5k - Cetco (europe) Ltd.
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (42 days)
53 days - Cetco (europe) Ltd.
42 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (32 days)
12 days - Cetco (europe) Ltd.
32 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is in line with average (33 days)
32 days - Cetco (europe) Ltd.
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 20 weeks, this is average cash available to meet short term requirements (22 weeks)
20 weeks - Cetco (europe) Ltd.
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.1%, this is a similar level of debt than the average (62.5%)
63.1% - Cetco (europe) Ltd.
62.5% - Industry AVG
CETCO (EUROPE) LTD. financials
EXPORT
Cetco (Europe) Ltd.'s latest turnover from December 2023 is £4.7 million and the company has net assets of £1.4 million. According to their latest financial statements, Cetco (Europe) Ltd. has 11 employees and maintains cash reserves of £651 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
4,725,000
5,275,000
4,812,000
5,085,000
5,911,000
6,414,000
6,204,000
7,887,000
8,060,000
13,434,000
16,824,000
15,629,000
20,568,000
22,056,000
19,301,000
Other Income Or Grants
Cost Of Sales
3,942,000
4,051,000
3,682,000
4,102,000
4,168,000
4,827,000
4,515,000
5,522,000
5,558,000
8,660,000
12,165,000
11,252,000
16,163,000
15,804,000
12,977,000
Gross Profit
783,000
1,224,000
1,130,000
983,000
1,743,000
1,587,000
1,689,000
2,365,000
2,502,000
4,774,000
4,659,000
4,377,000
4,405,000
6,252,000
6,324,000
Admin Expenses
1,884,000
1,230,000
1,404,000
1,313,000
3,229,000
5,417,000
2,972,000
1,949,000
3,030,000
9,312,000
7,052,000
4,669,000
6,283,000
7,702,000
7,388,000
Operating Profit
-1,101,000
-6,000
-274,000
-330,000
-1,486,000
-3,830,000
-1,283,000
416,000
-528,000
-4,538,000
-2,393,000
-292,000
-1,878,000
-1,450,000
-1,064,000
Interest Payable
1,000
342,000
252,000
233,000
207,000
600,000
Interest Receivable
22,000
17,000
12,000
24,000
22,000
23,000
8,000
165,000
42,000
40,000
97,000
36,000
36,000
24,000
78,000
Pre-Tax Profit
-1,080,000
11,000
-262,000
-306,000
-1,464,000
-3,807,000
-1,275,000
581,000
-486,000
-4,498,000
-473,000
-508,000
-2,075,000
-1,633,000
-1,586,000
Tax
-8,000
40,000
8,000
-10,000
-169,000
-206,000
102,000
-110,000
20,000
389,000
38,000
-36,000
159,000
-168,000
-238,000
Profit After Tax
-1,088,000
51,000
-254,000
-316,000
-1,633,000
-4,013,000
-1,173,000
471,000
-466,000
-4,109,000
-435,000
-544,000
-1,916,000
-1,801,000
-1,824,000
Dividends Paid
7,006,000
4,503,000
Retained Profit
-1,088,000
51,000
-254,000
-316,000
-1,633,000
-4,013,000
-1,173,000
-6,535,000
-466,000
-8,612,000
-435,000
-544,000
-1,916,000
-1,801,000
-1,824,000
Employee Costs
733,000
668,000
628,000
625,000
1,123,000
1,248,000
1,241,000
1,191,000
1,642,000
2,345,000
3,114,000
4,674,000
4,965,000
5,984,000
5,300,000
Number Of Employees
11
11
11
13
13
21
24
20
21
53
56
68
105
113
120
EBITDA*
-1,016,000
79,000
-190,000
-248,000
-1,334,000
-3,721,000
-1,142,000
478,000
-492,000
-4,395,000
-2,025,000
279,000
-1,478,000
-941,000
-371,000
* 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
334,000
416,000
490,000
535,000
607,000
756,000
820,000
859,000
288,000
430,000
572,000
953,000
1,722,000
1,757,000
1,752,000
Intangible Assets
Investments & Other
4,810,000
4,825,000
4,810,000
4,810,000
4,810,000
Debtors (Due After 1 year)
Total Fixed Assets
334,000
416,000
490,000
535,000
607,000
756,000
820,000
859,000
288,000
430,000
5,382,000
5,778,000
6,532,000
6,567,000
6,562,000
Stock & work in progress
347,000
869,000
906,000
1,077,000
911,000
516,000
426,000
746,000
812,000
1,117,000
2,582,000
3,217,000
4,043,000
3,075,000
4,119,000
Trade Debtors
695,000
644,000
568,000
704,000
784,000
952,000
967,000
1,305,000
1,488,000
2,221,000
2,290,000
3,134,000
4,409,000
7,067,000
5,805,000
Group Debtors
1,491,000
2,524,000
2,729,000
3,808,000
3,695,000
5,381,000
7,842,000
9,038,000
14,223,000
7,228,000
12,456,000
10,581,000
8,300,000
8,136,000
9,122,000
Misc Debtors
230,000
257,000
282,000
209,000
231,000
452,000
692,000
519,000
710,000
185,000
362,000
169,000
702,000
285,000
363,000
Cash
651,000
475,000
676,000
885,000
433,000
691,000
291,000
1,396,000
578,000
7,425,000
1,347,000
1,865,000
1,118,000
2,572,000
1,417,000
misc current assets
529,000
total current assets
3,414,000
4,769,000
5,161,000
6,683,000
6,054,000
7,992,000
10,218,000
13,004,000
17,811,000
18,705,000
19,037,000
18,966,000
18,572,000
21,135,000
20,826,000
total assets
3,748,000
5,185,000
5,651,000
7,218,000
6,661,000
8,748,000
11,038,000
13,863,000
18,099,000
19,135,000
24,419,000
24,744,000
25,104,000
27,702,000
27,388,000
Bank overdraft
120,000
Bank loan
Trade Creditors
131,000
227,000
156,000
133,000
159,000
173,000
128,000
189,000
179,000
132,000
1,125,000
681,000
1,546,000
2,656,000
1,416,000
Group/Directors Accounts
877,000
2,067,000
2,701,000
3,826,000
3,031,000
3,235,000
1,583,000
3,323,000
1,022,000
769,000
1,640,000
2,321,000
909,000
904,000
1,996,000
other short term finances
hp & lease commitments
other current liabilities
628,000
422,000
376,000
587,000
483,000
719,000
751,000
543,000
392,000
940,000
1,139,000
1,260,000
1,635,000
2,013,000
2,108,000
total current liabilities
1,636,000
2,716,000
3,233,000
4,546,000
3,673,000
4,127,000
2,462,000
4,055,000
1,593,000
1,841,000
3,904,000
4,262,000
4,210,000
5,573,000
5,520,000
loans
6,239,000
5,785,000
15,556,000
13,323,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
731,000
311,000
489,000
total long term liabilities
731,000
311,000
489,000
6,239,000
5,785,000
15,556,000
13,323,000
total liabilities
2,367,000
2,716,000
3,233,000
4,546,000
3,673,000
4,127,000
2,462,000
4,055,000
1,904,000
2,330,000
3,904,000
10,501,000
9,995,000
21,129,000
18,843,000
net assets
1,381,000
2,469,000
2,418,000
2,672,000
2,988,000
4,621,000
8,576,000
9,808,000
16,195,000
16,805,000
20,515,000
14,243,000
15,109,000
6,573,000
8,545,000
total shareholders funds
1,381,000
2,469,000
2,418,000
2,672,000
2,988,000
4,621,000
8,576,000
9,808,000
16,195,000
16,805,000
20,515,000
14,243,000
15,109,000
6,573,000
8,545,000
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
-1,101,000
-6,000
-274,000
-330,000
-1,486,000
-3,830,000
-1,283,000
416,000
-528,000
-4,538,000
-2,393,000
-292,000
-1,878,000
-1,450,000
-1,064,000
Depreciation
85,000
85,000
84,000
82,000
152,000
109,000
141,000
62,000
36,000
143,000
368,000
571,000
400,000
509,000
693,000
Amortisation
Tax
-8,000
40,000
8,000
-10,000
-169,000
-206,000
102,000
-110,000
20,000
389,000
38,000
-36,000
159,000
-168,000
-238,000
Stock
-522,000
-37,000
-171,000
166,000
395,000
90,000
-320,000
-66,000
-305,000
-1,465,000
-635,000
-826,000
968,000
-1,044,000
4,119,000
Debtors
-1,009,000
-154,000
-1,142,000
11,000
-2,075,000
-2,716,000
-1,361,000
-5,559,000
6,787,000
-5,474,000
1,224,000
473,000
-2,077,000
198,000
15,290,000
Creditors
-96,000
71,000
23,000
-26,000
-14,000
45,000
-61,000
10,000
47,000
-993,000
444,000
-865,000
-1,110,000
1,240,000
1,416,000
Accruals and Deferred Income
206,000
46,000
-211,000
104,000
-236,000
-32,000
208,000
151,000
-548,000
-199,000
-121,000
-375,000
-378,000
-95,000
2,108,000
Deferred Taxes & Provisions
731,000
-311,000
-178,000
489,000
Cash flow from operations
1,348,000
427,000
943,000
-357,000
-73,000
-1,288,000
788,000
5,843,000
-7,633,000
2,230,000
-2,253,000
-644,000
-1,698,000
882,000
-16,494,000
Investing Activities
capital expenditure
-3,000
-11,000
-39,000
-10,000
-3,000
-45,000
-102,000
-633,000
106,000
-1,000
13,000
198,000
-365,000
-514,000
-2,445,000
Change in Investments
-4,810,000
-15,000
15,000
4,810,000
cash flow from investments
-3,000
-11,000
-39,000
-10,000
-3,000
-45,000
-102,000
-633,000
106,000
4,809,000
28,000
183,000
-365,000
-514,000
-7,255,000
Financing Activities
Bank loans
Group/Directors Accounts
-1,190,000
-634,000
-1,125,000
795,000
-204,000
1,652,000
-1,740,000
2,301,000
253,000
-871,000
-681,000
1,412,000
5,000
-1,092,000
1,996,000
Other Short Term Loans
Long term loans
-6,239,000
454,000
-9,771,000
2,233,000
13,323,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
58,000
-59,000
148,000
-144,000
4,902,000
6,707,000
-322,000
10,452,000
-171,000
10,369,000
interest
21,000
17,000
12,000
24,000
22,000
23,000
8,000
165,000
42,000
40,000
-245,000
-216,000
-197,000
-183,000
-522,000
cash flow from financing
-1,169,000
-617,000
-1,113,000
819,000
-182,000
1,733,000
-1,791,000
2,614,000
151,000
4,071,000
-458,000
1,328,000
489,000
787,000
25,166,000
cash and cash equivalents
cash
176,000
-201,000
-209,000
452,000
-258,000
400,000
-1,105,000
818,000
-6,847,000
6,078,000
-518,000
747,000
-1,454,000
1,155,000
1,417,000
overdraft
-120,000
120,000
change in cash
176,000
-201,000
-209,000
452,000
-258,000
400,000
-1,105,000
818,000
-6,847,000
6,078,000
-518,000
867,000
-1,574,000
1,155,000
1,417,000
cetco (europe) ltd. 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 cetco (europe) ltd.. Get real-time insights into cetco (europe) ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for cetco (europe) ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in E 1 area or any other competitors across 12 key performance metrics.
82990 - Other business support service activities n.e.c.
incorporation date
August 1995
age
30
incorporated
UK
ultimate parent company
MINERAL TECHNOLOGIES INC
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
1 blossom yard, fourth floor, london, E1 6RS
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
cetco (europe) ltd. 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 cetco (europe) ltd..
cetco (europe) ltd. 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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cetco (europe) ltd.Companies House Filings - See Documents
