specialist engineering services limited
specialist engineering services limited Company Information
Company Number
03300301
Next Accounts
Apr 2025
Industry
Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
Shareholders
engineering services group limited
Group Structure
View All
Contact
Registered Address
ses house, unit 3 balby court, balby carr bank, doncaster, DN4 8DE
Website
www.ses-group.co.ukspecialist engineering services limited Estimated Valuation
Pomanda estimates the enterprise value of SPECIALIST ENGINEERING SERVICES LIMITED at £6.4m based on a Turnover of £6.9m and 0.93x industry multiple (adjusted for size and gross margin).
specialist engineering services limited Estimated Valuation
Pomanda estimates the enterprise value of SPECIALIST ENGINEERING SERVICES LIMITED at £5.3m based on an EBITDA of £874.7k and a 6.04x industry multiple (adjusted for size and gross margin).
specialist engineering services limited Estimated Valuation
Pomanda estimates the enterprise value of SPECIALIST ENGINEERING SERVICES LIMITED at £3.5m based on Net Assets of £1.5m and 2.35x industry multiple (adjusted for liquidity).
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Specialist Engineering Services Limited Overview
Specialist Engineering Services Limited is a live company located in doncaster, DN4 8DE with a Companies House number of 03300301. It operates in the other service activities incidental to land transportation, n.e.c. sector, SIC Code 52219. Founded in January 1997, it's largest shareholder is engineering services group limited with a 100% stake. Specialist Engineering Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.9m with declining growth in recent years.
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Specialist Engineering Services Limited Health Check
Pomanda's financial health check has awarded Specialist Engineering Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £6.9m, make it in line with the average company (£7.7m)
£6.9m - Specialist Engineering Services Limited
£7.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.2%)
-8% - Specialist Engineering Services Limited
7.2% - Industry AVG
Production
with a gross margin of 42.2%, this company has a lower cost of product (27.5%)
42.2% - Specialist Engineering Services Limited
27.5% - Industry AVG
Profitability
an operating margin of 6.7% make it as profitable than the average company (6.1%)
6.7% - Specialist Engineering Services Limited
6.1% - Industry AVG
Employees
with 28 employees, this is below the industry average (40)
28 - Specialist Engineering Services Limited
40 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Specialist Engineering Services Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £246.7k, this is more efficient (£154.4k)
£246.7k - Specialist Engineering Services Limited
£154.4k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (42 days)
64 days - Specialist Engineering Services Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (33 days)
35 days - Specialist Engineering Services Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (4 days)
3 days - Specialist Engineering Services Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (20 weeks)
37 weeks - Specialist Engineering Services Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.3%, this is a similar level of debt than the average (55.9%)
52.3% - Specialist Engineering Services Limited
55.9% - Industry AVG
SPECIALIST ENGINEERING SERVICES LIMITED financials
Specialist Engineering Services Limited's latest turnover from July 2023 is £6.9 million and the company has net assets of £1.5 million. According to their latest financial statements, Specialist Engineering Services Limited has 28 employees and maintains cash reserves of £787.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,908,623 | 7,747,086 | 8,549,320 | 8,996,742 | 8,707,176 | 9,585,675 | 9,255,126 | 8,246,328 | 8,246,328 | 11,559,086 | 15,671,245 | 13,070,846 | 8,263,728 | 12,001,884 | 9,250,414 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,991,149 | 4,525,081 | 5,139,471 | 5,448,377 | 5,252,223 | 6,128,210 | 6,879,314 | 6,345,961 | 6,345,961 | 9,319,995 | 12,956,289 | 11,128,468 | 6,361,127 | 8,551,696 | 6,086,569 |
| Gross Profit | 2,917,474 | 3,222,005 | 3,409,849 | 3,548,365 | 3,454,953 | 3,457,465 | 2,375,812 | 1,900,367 | 1,900,367 | 2,239,091 | 2,714,956 | 1,942,378 | 1,902,601 | 3,450,188 | 3,163,845 |
| Admin Expenses | 2,455,941 | 2,577,806 | 2,660,400 | 2,929,618 | 2,529,646 | 2,799,580 | 1,753,058 | 1,679,623 | 1,679,623 | 2,087,221 | 2,414,759 | 2,002,826 | 1,858,177 | 2,854,986 | 2,219,119 |
| Operating Profit | 461,533 | 644,199 | 749,449 | 618,747 | 925,307 | 657,885 | 622,754 | 220,744 | 220,744 | 151,870 | 300,197 | -60,448 | 44,424 | 595,202 | 944,726 |
| Interest Payable | 54,472 | 71,897 | 67,182 | 90,207 | 134,657 | 120,992 | 74,007 | 72,399 | 72,399 | 104,726 | 41,019 | 16,097 | 13,552 | 67,492 | 44,268 |
| Interest Receivable | 6,469 | 0 | 0 | 0 | 0 | 0 | 67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 |
| Pre-Tax Profit | 413,530 | 572,302 | 682,267 | 528,540 | 790,650 | 536,893 | 304,110 | 148,345 | 148,345 | 47,144 | 259,178 | -75,247 | 30,872 | 527,710 | -1,511,553 |
| Tax | -68,694 | -130,451 | -131,577 | -105,747 | -141,950 | -103,156 | 26,656 | 14,869 | 14,869 | 10,188 | -43,750 | -63,095 | -23,627 | -154,499 | 285,071 |
| Profit After Tax | 344,836 | 441,851 | 550,690 | 422,793 | 648,700 | 433,737 | 330,766 | 163,214 | 163,214 | 57,332 | 215,428 | -138,342 | 7,245 | 373,211 | -1,226,482 |
| Dividends Paid | 285,000 | 312,000 | 368,000 | 316,000 | 202,667 | 80,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 59,836 | 129,851 | 182,690 | 106,793 | 446,033 | 353,737 | 330,766 | 163,214 | 163,214 | 57,332 | 215,428 | -138,342 | 7,245 | 373,211 | -1,226,482 |
| Employee Costs | 819,730 | 900,176 | 1,338,708 | 1,628,484 | 1,584,758 | 5,628,941 | 6,289,540 | ||||||||
| Number Of Employees | 28 | 31 | 32 | 31 | 29 | 29 | 17 | 21 | 38 | 46 | 60 | 63 | 193 | 293 | |
| EBITDA* | 874,686 | 644,199 | 1,155,677 | 991,358 | 1,248,871 | 657,885 | 815,233 | 400,187 | 419,930 | 374,487 | 510,122 | 61,419 | 143,337 | 946,109 | 1,188,221 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 925,525 | 809,991 | 1,079,123 | 1,286,973 | 1,355,238 | 1,328,738 | 1,069,033 | 223,746 | 223,746 | 434,272 | 608,433 | 416,627 | 313,391 | 342,954 | 418,787 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 925,525 | 809,991 | 1,079,123 | 1,286,973 | 1,355,238 | 1,328,738 | 1,069,033 | 223,746 | 223,746 | 434,272 | 608,433 | 416,627 | 313,391 | 342,954 | 418,787 |
| Stock & work in progress | 35,159 | 35,159 | 35,282 | 50,968 | 66,570 | 81,650 | 82,183 | 177,297 | 177,297 | 177,039 | 178,781 | 176,149 | 142,281 | 143,695 | 264,694 |
| Trade Debtors | 1,223,769 | 524,742 | 777,395 | 581,603 | 816,112 | 1,478,507 | 1,725,259 | 1,764,306 | 1,764,306 | 3,105,478 | 3,457,603 | 2,990,903 | 2,525,799 | 3,885,510 | 2,195,470 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 760,077 | 760,077 | 1,116,959 | 530,515 | 0 | 0 | 0 | 0 |
| Misc Debtors | 153,428 | 1,102,024 | 1,028,993 | 553,609 | 209,380 | 218,894 | 243,093 | 733,938 | 733,938 | 152,645 | 145,807 | 158,625 | 180,240 | 264,572 | 399,077 |
| Cash | 787,126 | 545,403 | 990,766 | 1,154,569 | 519,290 | 101,764 | 100,205 | 246 | 246 | 1,462 | 117 | 939 | 1,480 | 568 | 1,365 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,258 | 165,225 |
| total current assets | 2,199,482 | 2,207,328 | 2,832,436 | 2,340,749 | 1,611,352 | 1,880,815 | 2,150,740 | 3,435,864 | 3,435,864 | 4,553,583 | 4,312,823 | 3,326,616 | 2,849,800 | 4,297,603 | 3,025,831 |
| total assets | 3,125,007 | 3,017,319 | 3,911,559 | 3,627,722 | 2,966,590 | 3,209,553 | 3,219,773 | 3,659,610 | 3,659,610 | 4,987,855 | 4,921,256 | 3,743,243 | 3,163,191 | 4,640,557 | 3,444,618 |
| Bank overdraft | 91,333 | 187,134 | 150,000 | 0 | 0 | 0 | 0 | 1,836,292 | 1,836,292 | 1,817,674 | 1,224,383 | 1,691,279 | 1,628,637 | 1,188,356 | 1,303,625 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 384,359 | 245,871 | 379,096 | 298,277 | 364,608 | 299,462 | 364,823 | 435,458 | 435,458 | 692,838 | 628,968 | 474,427 | 234,213 | 429,533 | 357,518 |
| Group/Directors Accounts | 8,897 | 17,500 | 35,000 | 0 | 0 | 18,600 | 33,186 | 0 | 0 | 0 | 0 | 180,831 | 179,026 | 665,333 | 1,088,613 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 337,057 | 843,978 | 1,024,787 | 1,024,787 | 1,976,568 | 1,583,843 | 1,025,058 | 911,707 | 1,435,726 | 859,226 |
| hp & lease commitments | 164,716 | 196,698 | 375,053 | 409,859 | 366,113 | 388,820 | 224,418 | 154,218 | 154,218 | 179,670 | 178,069 | 132,659 | 80,608 | 70,409 | 44,116 |
| other current liabilities | 441,095 | 525,505 | 977,081 | 1,136,499 | 462,354 | 692,983 | 773,813 | 261,680 | 261,680 | 368,030 | 1,235,754 | 569,514 | 390,532 | 1,218,961 | 567,117 |
| total current liabilities | 1,090,400 | 1,172,708 | 1,916,230 | 1,844,635 | 1,193,075 | 1,736,922 | 2,240,218 | 3,712,435 | 3,712,435 | 5,034,780 | 4,851,017 | 4,073,768 | 3,424,723 | 5,008,318 | 4,220,215 |
| loans | 76,682 | 168,191 | 350,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 347,614 | 146,196 | 256,964 | 582,571 | 721,804 | 908,372 | 769,033 | 67,419 | 67,419 | 234,531 | 373,391 | 219,805 | 156,344 | 62,760 | 28,135 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 120,849 | 100,598 | 88,590 | 83,431 | 41,419 | 0 | 0 | 0 | 0 | 2,002 | 37,638 | 5,888 | 0 | 0 | 0 |
| total long term liabilities | 545,145 | 414,985 | 695,554 | 666,002 | 763,223 | 908,372 | 769,033 | 67,419 | 67,419 | 236,533 | 411,029 | 225,693 | 156,344 | 62,760 | 28,135 |
| total liabilities | 1,635,545 | 1,587,693 | 2,611,784 | 2,510,637 | 1,956,298 | 2,645,294 | 3,009,251 | 3,779,854 | 3,779,854 | 5,271,313 | 5,262,046 | 4,299,461 | 3,581,067 | 5,071,078 | 4,248,350 |
| net assets | 1,489,462 | 1,429,626 | 1,299,775 | 1,117,085 | 1,010,292 | 564,259 | 210,522 | -120,244 | -120,244 | -283,458 | -340,790 | -556,218 | -417,876 | -430,521 | -803,732 |
| total shareholders funds | 1,489,462 | 1,429,626 | 1,299,775 | 1,117,085 | 1,010,292 | 564,259 | 210,522 | -120,244 | -120,244 | -283,458 | -340,790 | -556,218 | -417,876 | -430,521 | -803,732 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 461,533 | 644,199 | 749,449 | 618,747 | 925,307 | 657,885 | 622,754 | 220,744 | 220,744 | 151,870 | 300,197 | -60,448 | 44,424 | 595,202 | 944,726 |
| Depreciation | 413,153 | 0 | 406,228 | 372,611 | 323,564 | 192,479 | 179,443 | 199,186 | 222,617 | 209,925 | 121,867 | 98,913 | 350,907 | 243,495 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -68,694 | -130,451 | -131,577 | -105,747 | -141,950 | -103,156 | 26,656 | 14,869 | 14,869 | 10,188 | -43,750 | -63,095 | -23,627 | -154,499 | 285,071 |
| Stock | 0 | -123 | -15,686 | -15,602 | -15,080 | -533 | -95,114 | 258 | 258 | -1,742 | 2,632 | 33,868 | -1,414 | -120,999 | 264,694 |
| Debtors | -249,569 | -179,622 | 671,176 | 109,720 | -671,909 | -270,951 | -1,289,969 | -1,116,761 | -1,116,761 | 241,157 | 984,397 | 443,489 | -1,444,043 | 1,555,535 | 2,594,547 |
| Creditors | 138,488 | -133,225 | 80,819 | -66,331 | 65,146 | -65,361 | -70,635 | -257,380 | -257,380 | 63,870 | 154,541 | 240,214 | -195,320 | 72,015 | 357,518 |
| Accruals and Deferred Income | -84,410 | -451,576 | -159,418 | 674,145 | -230,629 | -80,830 | 512,133 | -106,350 | -106,350 | -867,724 | 666,240 | 178,982 | -828,429 | 651,844 | 567,117 |
| Deferred Taxes & Provisions | 20,251 | 12,008 | 5,159 | 42,012 | 41,419 | 0 | 0 | -2,002 | -2,002 | -35,636 | 31,750 | 5,888 | 0 | 0 | 0 |
| Cash flow from operations | 1,129,890 | 120,700 | 295,170 | 1,441,319 | 1,669,846 | 2,668,470 | 1,185,570 | -694,230 | 331,874 | -53,949 | 541,418 | 80,933 | -461,314 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | 217,200 | -95,933 | -348,118 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 217,200 | -95,933 | -348,118 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -8,603 | -17,500 | 35,000 | 0 | -18,600 | -14,586 | 33,186 | 0 | 0 | 0 | -180,831 | 1,805 | -486,307 | -423,280 | 1,088,613 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -337,057 | -506,921 | -180,809 | -951,781 | -951,781 | 392,725 | 558,785 | 113,351 | -524,019 | 576,500 | 859,226 |
| Long term loans | -91,509 | -181,809 | 350,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 169,436 | -289,123 | -360,413 | -95,487 | -209,275 | 303,741 | 771,814 | -192,564 | -192,564 | -137,259 | 198,996 | 115,512 | 103,783 | 60,918 | 72,251 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -48,003 | -71,897 | -67,182 | -90,207 | -134,657 | -120,992 | -73,940 | -72,399 | -72,399 | -104,726 | -41,019 | -16,097 | -13,552 | -67,492 | -44,238 |
| cash flow from financing | 21,321 | -560,329 | -42,595 | -185,694 | -699,589 | -338,758 | 550,251 | -1,216,744 | -1,216,744 | 150,740 | 535,931 | 214,571 | -914,695 | 146,646 | 2,398,602 |
| cash and cash equivalents | |||||||||||||||
| cash | 241,723 | -445,363 | -163,803 | 635,279 | 417,526 | 1,559 | 99,959 | -1,216 | -1,216 | 1,345 | -822 | -541 | 912 | -797 | 1,365 |
| overdraft | -95,801 | 37,134 | 150,000 | 0 | 0 | 0 | -1,836,292 | 18,618 | 18,618 | 593,291 | -466,896 | 62,642 | 440,281 | -115,269 | 1,303,625 |
| change in cash | 337,524 | -482,497 | -313,803 | 635,279 | 417,526 | 1,559 | 1,936,251 | -19,834 | -19,834 | -591,946 | 466,074 | -63,183 | -439,369 | 114,472 | -1,302,260 |
specialist engineering services limited Credit Report and Business Information
Specialist Engineering Services Limited Competitor Analysis
Perform a competitor analysis for specialist engineering services limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in DN4 area or any other competitors across 12 key performance metrics.
specialist engineering services limited Ownership
SPECIALIST ENGINEERING SERVICES LIMITED group structure
Specialist Engineering Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
SPECIALIST ENGINEERING SERVICES LIMITED
03300301
specialist engineering services limited directors
Specialist Engineering Services Limited currently has 3 directors. The longest serving directors include Mr David Hyland (Dec 2006) and Mr Simon Wrennall (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Hyland | England | 58 years | Dec 2006 | - | Director |
| Mr Simon Wrennall | United Kingdom | 56 years | Sep 2017 | - | Director |
| Mrs Emma Shrimpton | United Kingdom | 42 years | Apr 2024 | - | Director |
P&L
July 2023turnover
6.9m
-11%
operating profit
461.5k
-28%
gross margin
42.3%
+1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.5m
+0.04%
total assets
3.1m
+0.04%
cash
787.1k
+0.44%
net assets
Total assets minus all liabilities
specialist engineering services limited company details
company number
03300301
Type
Private limited with Share Capital
industry
52219 - Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
incorporation date
January 1997
age
27
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2023
previous names
landtools limited (February 1997)
accountant
-
auditor
SMAILES GOLDIE
address
ses house, unit 3 balby court, balby carr bank, doncaster, DN4 8DE
Bank
-
Legal Advisor
-
specialist engineering services 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 specialist engineering services limited.
specialist engineering services limited Capital Raised & Share Issues BETA
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specialist engineering services limited Companies House Filings - See Documents
| date | description | view/download |
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