eastern attachments limited Company Information
Company Number
03200715
Next Accounts
Dec 2025
Industry
Manufacture of lifting and handling equipment
Manufacture of other fabricated metal products n.e.c.
Shareholders
simon paul leslie
ashley leslie
View AllGroup Structure
View All
Contact
Registered Address
eastern house, maurice gaymer road, attleborough, norfolk, NR17 2QZ
Website
www.easternattachments.co.ukeastern attachments limited Estimated Valuation
Pomanda estimates the enterprise value of EASTERN ATTACHMENTS LIMITED at £5.9m based on a Turnover of £9.4m and 0.63x industry multiple (adjusted for size and gross margin).
eastern attachments limited Estimated Valuation
Pomanda estimates the enterprise value of EASTERN ATTACHMENTS LIMITED at £7.2m based on an EBITDA of £1.4m and a 5.08x industry multiple (adjusted for size and gross margin).
eastern attachments limited Estimated Valuation
Pomanda estimates the enterprise value of EASTERN ATTACHMENTS LIMITED at £20.1m based on Net Assets of £9.3m and 2.17x industry multiple (adjusted for liquidity).
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Eastern Attachments Limited Overview
Eastern Attachments Limited is a live company located in attleborough, NR17 2QZ with a Companies House number of 03200715. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in May 1996, it's largest shareholder is simon paul leslie with a 12.5% stake. Eastern Attachments Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.4m with low growth in recent years.
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Eastern Attachments Limited Health Check
Pomanda's financial health check has awarded Eastern Attachments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £9.4m, make it smaller than the average company (£14.8m)
£9.4m - Eastern Attachments Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (9.7%)
1% - Eastern Attachments Limited
9.7% - Industry AVG
Production
with a gross margin of 33.3%, this company has a comparable cost of product (30.3%)
33.3% - Eastern Attachments Limited
30.3% - Industry AVG
Profitability
an operating margin of 14.9% make it more profitable than the average company (6.6%)
14.9% - Eastern Attachments Limited
6.6% - Industry AVG
Employees
with 54 employees, this is below the industry average (69)
54 - Eastern Attachments Limited
69 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has a lower pay structure (£48.2k)
£31.4k - Eastern Attachments Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £173.2k, this is less efficient (£219.8k)
£173.2k - Eastern Attachments Limited
£219.8k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (59 days)
38 days - Eastern Attachments Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is close to average (42 days)
42 days - Eastern Attachments Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 124 days, this is more than average (72 days)
124 days - Eastern Attachments Limited
72 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 80 weeks, this is more cash available to meet short term requirements (15 weeks)
80 weeks - Eastern Attachments Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.8%, this is a lower level of debt than the average (49.8%)
23.8% - Eastern Attachments Limited
49.8% - Industry AVG
EASTERN ATTACHMENTS LIMITED financials
Eastern Attachments Limited's latest turnover from March 2024 is £9.4 million and the company has net assets of £9.3 million. According to their latest financial statements, Eastern Attachments Limited has 54 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 9,352,823 | 12,468,204 | 12,928,493 | 9,087,171 | 8,833,054 | ||||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
Cost Of Sales | 6,236,303 | 8,882,899 | 9,286,459 | 5,564,885 | 6,044,408 | ||||||||||
Gross Profit | 3,116,520 | 3,585,305 | 3,642,034 | 3,522,286 | 2,788,646 | ||||||||||
Admin Expenses | 1,721,561 | 2,008,864 | 1,910,843 | 1,499,963 | 1,964,190 | ||||||||||
Operating Profit | 1,394,959 | 1,576,441 | 1,731,191 | 2,022,323 | 824,456 | ||||||||||
Interest Payable | 12,296 | 54,360 | 63,797 | 35,279 | 40,474 | ||||||||||
Interest Receivable | 77,989 | 7,645 | 4,579 | 630 | 9,449 | ||||||||||
Pre-Tax Profit | 1,460,652 | 1,529,726 | 1,671,973 | 1,987,674 | 793,431 | ||||||||||
Tax | -299,278 | -169,795 | -567,597 | 229,655 | 59,715 | ||||||||||
Profit After Tax | 1,161,374 | 1,359,931 | 1,104,376 | 2,217,329 | 853,146 | ||||||||||
Dividends Paid | 688,000 | 688,000 | 688,000 | 688,000 | 860,000 | ||||||||||
Retained Profit | 473,374 | 671,931 | 416,376 | 1,529,329 | -6,854 | ||||||||||
Employee Costs | 1,694,368 | 1,727,435 | 1,749,817 | 1,529,820 | 1,522,329 | ||||||||||
Number Of Employees | 54 | 60 | 59 | 52 | 49 | 47 | 43 | 37 | 37 | ||||||
EBITDA* | 1,419,236 | 2,020,059 | 2,114,313 | 2,432,479 | 1,206,573 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 4,742,874 | 5,113,435 | 5,083,445 | 2,579,471 | 2,728,004 | 1,990,736 | 1,777,543 | 1,153,901 | 1,065,750 | 1,086,640 | 1,060,476 | 1,109,802 | 1,122,920 | 1,186,471 | 789,768 |
Intangible Assets | 109,438 | 129,727 | 150,017 | 172,066 | 201,335 | 50,692 | 51,590 | 18,284 | 13,628 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,852,312 | 5,243,162 | 5,233,462 | 2,751,537 | 2,929,339 | 2,041,429 | 1,829,133 | 1,172,185 | 1,079,378 | 1,086,640 | 1,060,476 | 1,109,802 | 1,122,920 | 1,186,471 | 789,768 |
Stock & work in progress | 2,124,934 | 1,507,460 | 1,647,718 | 889,232 | 383,843 | 217,520 | 203,285 | 161,736 | 154,412 | 142,720 | 141,057 | 140,279 | 137,348 | 130,294 | 122,055 |
Trade Debtors | 991,664 | 2,723,064 | 2,740,907 | 2,826,247 | 1,849,736 | 1,570,700 | 2,162,524 | 2,041,014 | 1,713,132 | 2,628,266 | 1,916,794 | 1,490,977 | 1,250,628 | 1,110,124 | 708,490 |
Group Debtors | 0 | 0 | 456,042 | 0 | 0 | 222,963 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 292,961 | 381,240 | 402,157 | 677,363 | 1,094,283 | 901,625 | 834,953 | 129,439 | 18,030 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 3,906,496 | 3,603,172 | 3,871,457 | 4,521,106 | 3,349,267 | 4,331,365 | 3,072,843 | 2,963,987 | 1,738,593 | 171,081 | 152,038 | 276,672 | 450,064 | 103,688 | 236,894 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 7,316,055 | 8,214,936 | 9,118,281 | 8,913,948 | 6,677,129 | 7,244,173 | 6,273,605 | 5,296,176 | 3,624,167 | 2,942,067 | 2,209,889 | 1,907,928 | 1,838,040 | 1,344,106 | 1,067,439 |
total assets | 12,168,367 | 13,458,098 | 14,351,743 | 11,665,485 | 9,606,468 | 9,285,602 | 8,102,738 | 6,468,361 | 4,703,545 | 4,028,707 | 3,270,365 | 3,017,730 | 2,960,960 | 2,530,577 | 1,857,207 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 1,255,392 | 146,431 | 0 | 0 | 0 | 0 | 11,447 | 11,070 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 719,305 | 990,107 | 1,642,157 | 1,394,466 | 1,045,063 | 1,640,129 | 1,084,314 | 1,030,917 | 660,143 | 1,460,434 | 1,190,309 | 1,333,511 | 1,491,107 | 1,471,972 | 1,134,432 |
Group/Directors Accounts | 0 | 0 | 456,042 | 0 | 0 | 0 | 0 | 12,873 | 34,971 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 15,212 | 180,306 | 295,321 | 328,787 | 318,944 | 154,456 | 120,864 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,788,855 | 1,891,721 | 1,852,662 | 1,513,012 | 992,941 | 806,025 | 484,220 | 617,745 | 521,909 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,523,372 | 4,317,526 | 4,392,613 | 3,236,265 | 2,356,948 | 2,600,610 | 1,689,398 | 1,672,982 | 1,228,093 | 1,460,434 | 1,190,309 | 1,333,511 | 1,491,107 | 1,471,972 | 1,134,432 |
loans | 0 | 0 | 1,243,830 | 0 | 0 | 0 | 0 | 178,833 | 190,725 | 163,471 | 182,575 | 182,757 | 194,156 | 189,620 | 0 |
hp & lease commitments | 0 | 14,956 | 239,770 | 445,688 | 787,430 | 404,496 | 428,738 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 38,515 | 100,341 | 298,586 | 342,311 | 40,000 | 0 |
provisions | 373,840 | 327,835 | 299,680 | 274,058 | 281,945 | 123,036 | 85,791 | 65,839 | 58,660 | 61,152 | 48,454 | 55,054 | 58,726 | 52,693 | 43,727 |
total long term liabilities | 373,840 | 342,791 | 1,833,280 | 719,746 | 1,069,375 | 527,532 | 514,529 | 244,672 | 249,385 | 263,138 | 331,370 | 536,397 | 595,193 | 282,313 | 43,727 |
total liabilities | 2,897,212 | 4,660,317 | 6,225,893 | 3,956,011 | 3,426,323 | 3,128,142 | 2,203,927 | 1,917,654 | 1,477,478 | 1,723,572 | 1,521,679 | 1,869,908 | 2,086,300 | 1,754,285 | 1,178,159 |
net assets | 9,271,155 | 8,797,781 | 8,125,850 | 7,709,474 | 6,180,145 | 6,157,460 | 5,898,811 | 4,550,707 | 3,226,067 | 2,305,135 | 1,748,686 | 1,147,822 | 874,660 | 776,292 | 679,048 |
total shareholders funds | 9,271,155 | 8,797,781 | 8,125,850 | 7,709,474 | 6,180,145 | 6,157,460 | 5,898,811 | 4,550,707 | 3,226,067 | 2,305,135 | 1,748,686 | 1,147,822 | 874,660 | 776,292 | 679,048 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 1,394,959 | 1,576,441 | 1,731,191 | 2,022,323 | 824,456 | ||||||||||
Depreciation | 3,988 | 423,328 | 359,068 | 380,887 | 370,286 | 238,395 | 200,333 | 72,331 | 71,892 | 72,574 | 62,709 | 68,383 | 68,244 | 77,090 | 63,393 |
Amortisation | 20,289 | 20,290 | 24,054 | 29,269 | 11,831 | 11,268 | 10,460 | 1,875 | 1,222 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -299,278 | -169,795 | -567,597 | 229,655 | 59,715 | ||||||||||
Stock | 617,474 | -140,258 | 758,486 | 505,389 | 166,323 | 14,235 | 41,549 | 7,324 | 11,692 | 1,663 | 778 | 2,931 | 7,054 | 8,239 | 122,055 |
Debtors | -1,819,679 | -494,802 | 95,496 | 559,591 | 248,731 | -302,189 | 827,024 | 439,291 | -897,104 | 711,472 | 425,817 | 240,349 | 140,504 | 401,634 | 708,490 |
Creditors | -270,802 | -652,050 | 247,691 | 349,403 | -595,066 | 555,815 | 53,397 | 370,774 | -800,291 | 270,125 | -143,202 | -157,596 | 19,135 | 337,540 | 1,134,432 |
Accruals and Deferred Income | -102,866 | 39,059 | 339,650 | 520,071 | 186,916 | 321,805 | -133,525 | 95,836 | 521,909 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 46,005 | 28,155 | 25,622 | -7,887 | 158,909 | 37,245 | 19,952 | 7,179 | -2,492 | 12,698 | -6,600 | -3,672 | 6,033 | 8,966 | 43,727 |
Cash flow from operations | 1,994,500 | 1,900,488 | 1,305,697 | 2,458,741 | 601,993 | ||||||||||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | ||||||||||
Change in Investments | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 0 | 1 | ||||||||||
Financing Activities | |||||||||||||||
Bank loans | -1,255,392 | 1,108,961 | 146,431 | 0 | 0 | 0 | -11,447 | 377 | 11,070 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -456,042 | 456,042 | 0 | 0 | 0 | -12,873 | -22,098 | 34,971 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | -1,243,830 | 1,243,830 | 0 | 0 | 0 | -178,833 | -11,892 | 27,254 | -19,104 | -182 | -11,399 | 4,536 | 189,620 | 0 |
Hire Purchase and Lease Commitments | -180,050 | -339,829 | -239,384 | -331,899 | 547,422 | 9,350 | 549,602 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | -38,515 | -61,826 | -198,245 | -43,725 | 302,311 | 40,000 | 0 |
share issue | |||||||||||||||
interest | 65,693 | -46,715 | -59,218 | -34,649 | -31,025 | ||||||||||
cash flow from financing | -1,369,749 | -1,027,455 | 1,597,701 | -366,548 | 545,936 | ||||||||||
cash and cash equivalents | |||||||||||||||
cash | 303,324 | -268,285 | -649,649 | 1,171,839 | -982,098 | 1,258,522 | 108,856 | 1,225,394 | 1,567,512 | 19,043 | -124,634 | -173,392 | 346,376 | -133,206 | 236,894 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 303,324 | -268,285 | -649,649 | 1,171,839 | -982,098 | 1,258,522 | 108,856 | 1,225,394 | 1,567,512 | 19,043 | -124,634 | -173,392 | 346,376 | -133,206 | 236,894 |
eastern attachments limited Credit Report and Business Information
Eastern Attachments Limited Competitor Analysis
Perform a competitor analysis for eastern attachments limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NR17 area or any other competitors across 12 key performance metrics.
eastern attachments limited Ownership
EASTERN ATTACHMENTS LIMITED group structure
Eastern Attachments Limited has 2 subsidiary companies.
Ultimate parent company
EASTERN ATTACHMENTS LIMITED
03200715
2 subsidiaries
eastern attachments limited directors
Eastern Attachments Limited currently has 4 directors. The longest serving directors include Mr Philip Leslie (May 1996) and Mr Christopher Leslie (Jan 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Philip Leslie | England | 50 years | May 1996 | - | Director |
Mr Christopher Leslie | United Kingdom | 62 years | Jan 2019 | - | Director |
Mr Daniel Leslie | United Kingdom | 47 years | Jan 2019 | - | Director |
Mr Simon Leslie | United Kingdom | 49 years | Jan 2019 | - | Director |
P&L
March 2024turnover
9.4m
-25%
operating profit
1.4m
-12%
gross margin
33.4%
+15.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
9.3m
+0.05%
total assets
12.2m
-0.1%
cash
3.9m
+0.08%
net assets
Total assets minus all liabilities
eastern attachments limited company details
company number
03200715
Type
Private limited with Share Capital
industry
28220 - Manufacture of lifting and handling equipment
25990 - Manufacture of other fabricated metal products n.e.c.
46690 - Wholesale of other machinery and equipment
incorporation date
May 1996
age
29
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
eastern agricultural limited (July 2001)
accountant
-
auditor
MA PARTNERS AUDIT LLP
address
eastern house, maurice gaymer road, attleborough, norfolk, NR17 2QZ
Bank
-
Legal Advisor
-
eastern attachments 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 3 charges/mortgages relating to eastern attachments limited. Currently there are 2 open charges and 1 have been satisfied in the past.
eastern attachments 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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eastern attachments limited Companies House Filings - See Documents
date | description | view/download |
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