asnu corporation europe limited

Live MatureSmallHealthy

asnu corporation europe limited Company Information

Share ASNU CORPORATION EUROPE LIMITED

Company Number

03322002

Shareholders

mr p.j. ellisdon

mrs l. ellisdon

Group Structure

View All

Industry

Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

 

Registered Address

23 porters wood, st albans, hertfordshire, AL3 6PQ

asnu corporation europe limited Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of ASNU CORPORATION EUROPE LIMITED at £2.5m based on a Turnover of £2.5m and 1x industry multiple (adjusted for size and gross margin).

asnu corporation europe limited Estimated Valuation

£513.8k

Pomanda estimates the enterprise value of ASNU CORPORATION EUROPE LIMITED at £513.8k based on an EBITDA of £90.8k and a 5.66x industry multiple (adjusted for size and gross margin).

asnu corporation europe limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of ASNU CORPORATION EUROPE LIMITED at £2.4m based on Net Assets of £973.2k and 2.5x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Asnu Corporation Europe Limited Overview

Asnu Corporation Europe Limited is a live company located in hertfordshire, AL3 6PQ with a Companies House number of 03322002. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in February 1997, it's largest shareholder is mr p.j. ellisdon with a 87.1% stake. Asnu Corporation Europe Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Asnu Corporation Europe Limited Health Check

Pomanda's financial health check has awarded Asnu Corporation Europe Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

1 Strong

positive_score

6 Regular

positive_score

5 Weak

size

Size

annual sales of £2.5m, make it smaller than the average company (£13.2m)

£2.5m - Asnu Corporation Europe Limited

£13.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a similar rate (12%)

14% - Asnu Corporation Europe Limited

12% - Industry AVG

production

Production

with a gross margin of 43.9%, this company has a comparable cost of product (43.9%)

43.9% - Asnu Corporation Europe Limited

43.9% - Industry AVG

profitability

Profitability

an operating margin of 1.2% make it less profitable than the average company (9.4%)

1.2% - Asnu Corporation Europe Limited

9.4% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (74)

16 - Asnu Corporation Europe Limited

74 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.1k, the company has an equivalent pay structure (£55.1k)

£55.1k - Asnu Corporation Europe Limited

£55.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £156.2k, this is less efficient (£203k)

£156.2k - Asnu Corporation Europe Limited

£203k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is near the average (49 days)

52 days - Asnu Corporation Europe Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (37 days)

57 days - Asnu Corporation Europe Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 234 days, this is more than average (109 days)

234 days - Asnu Corporation Europe Limited

109 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (22 weeks)

19 weeks - Asnu Corporation Europe Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.6%, this is a similar level of debt than the average (39.1%)

38.6% - Asnu Corporation Europe Limited

39.1% - Industry AVG

ASNU CORPORATION EUROPE LIMITED financials

EXPORTms excel logo

Asnu Corporation Europe Limited's latest turnover from March 2024 is estimated at £2.5 million and the company has net assets of £973.2 thousand. According to their latest financial statements, Asnu Corporation Europe Limited has 16 employees and maintains cash reserves of £176.7 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
Turnover2,498,6152,748,8442,341,2311,682,180936,908737,542746,337843,280629,7521,296,262977,810607,0871,057,176732,271551,376
Other Income Or Grants
Cost Of Sales1,402,4991,619,9641,354,873966,875529,591416,699418,892485,089360,100760,347573,523356,281625,767429,144336,790
Gross Profit1,096,1161,128,880986,358715,305407,317320,844327,445358,191269,652535,915404,287250,806431,408303,127214,586
Admin Expenses1,065,861716,668915,506587,853315,445256,007268,529355,977154,917388,833331,974246,948427,608276,06454,949
Operating Profit30,255412,21270,852127,45291,87264,83758,9162,214114,735147,08272,3133,8583,80027,063159,637
Interest Payable23,43735,07723,22413,47012,95716,35118,59317,6118,3139,45419,89410,440
Interest Receivable8,2937,2381,68118211281151734564519714818840155155
Pre-Tax Profit15,111384,37349,309114,16479,02749,29640,840-15,052107,068137,82552,568-6,3943,84127,218159,792
Tax-3,778-73,031-9,369-21,691-15,015-9,366-7,760-21,413-28,943-12,091-999-7,621-44,742
Profit After Tax11,333311,34239,94092,47364,01239,93033,080-15,05285,654108,88240,477-6,3942,84219,597115,050
Dividends Paid
Retained Profit11,333311,34239,94092,47364,01239,93033,080-15,05285,654108,88240,477-6,3942,84219,597115,050
Employee Costs880,814784,5021,004,641679,584427,883233,918226,515267,074212,063375,165287,834196,451264,806222,822146,520
Number Of Employees1615201495565975764
EBITDA*90,787475,84093,231127,452103,80472,83668,73610,709121,859158,01881,51119,20117,30935,497162,690

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets98,881157,919579,730568,903559,778548,320552,649556,232553,859553,771562,497557,360562,907378,526370,238
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets98,881157,919579,730568,903559,778548,320552,649556,232553,859553,771562,497557,360562,907378,526370,238
Stock & work in progress900,000828,000711,200210,000255,000310,000212,600162,500140,000134,000120,70065,00076,00092,00080,500
Trade Debtors357,613561,510281,058290,663118,315130,140145,091161,505137,135206,923145,41482,873177,821141,70391,474
Group Debtors
Misc Debtors52,435110,49440,56744,84163,87752,56556,08288,9708,544
Cash176,657139,279201,336246,817117,713106,542109,74096,960179,26378,92559,22816,05161,963
misc current assets
total current assets1,486,7051,639,2831,234,161792,321554,905599,247523,513509,935464,942419,848266,114207,101269,872233,703233,937
total assets1,585,5861,797,2021,813,8911,361,2241,114,6831,147,5671,076,1621,066,1671,018,801973,619828,611764,461832,779612,229604,175
Bank overdraft50,00050,00074,00019,9999,92644,11943,49236,79420,828
Bank loan
Trade Creditors 221,866252,308352,260138,42384,082126,84998,001122,29877,323374,512336,162282,135326,442153,900142,885
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities207,221349,728360,038375,242307,893346,470299,725255,020289,597
total current liabilities479,087652,036786,298533,664401,901517,438441,218414,112387,748374,512336,162282,135326,442153,900142,885
loans133,333183,333377,102217,009194,704176,063220,808270,999234,945290,877321,231
hp & lease commitments
Accruals and Deferred Income
other liabilities288,653338,848293,682316,240
provisions
total long term liabilities133,333183,333377,102217,009194,704176,063220,808270,999234,945288,653290,877321,231338,848293,682316,240
total liabilities612,420835,3691,163,400750,673596,605693,501662,026685,111622,693663,165627,039603,366665,290447,582459,125
net assets973,166961,833650,491610,551518,078454,066414,136381,056396,108310,454201,572161,095167,489164,647145,050
total shareholders funds973,166961,833650,491610,551518,078454,066414,136381,056396,108310,454201,572161,095167,489164,647145,050
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit30,255412,21270,852127,45291,87264,83758,9162,214114,735147,08272,3133,8583,80027,063159,637
Depreciation60,53263,62822,37911,9327,9999,8208,4957,12410,9369,19815,34313,5098,4343,053
Amortisation
Tax-3,778-73,031-9,369-21,691-15,015-9,366-7,760-21,413-28,943-12,091-999-7,621-44,742
Stock72,000116,800501,200-45,000-55,00097,40050,10022,5006,00013,30055,700-11,000-16,00011,50080,500
Debtors-261,956350,379-13,879153,312-513-18,468-49,302104,796-61,24461,50962,541-94,94836,11850,22991,474
Creditors-30,442-99,952213,83754,341-42,76728,848-24,29744,975-297,18938,35054,027-44,307172,54211,015142,885
Accruals and Deferred Income-142,507-10,310-15,20467,349-38,57746,74544,705-34,577289,597
Deferred Taxes & Provisions
Cash flow from operations104,016-174,632-204,826119,13962,95860,13180,586-106,189148,09892,6165,20680,842168,734-22,83888,859
Investing Activities
capital expenditure-1,494358,183-33,206-9,125-23,390-3,670-6,237-10,868-7,212-2,210-14,335-9,796-197,890-16,722-373,291
Change in Investments
cash flow from investments-1,494358,183-33,206-9,125-23,390-3,670-6,237-10,868-7,212-2,210-14,335-9,796-197,890-16,722-373,291
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-50,000-193,769160,09322,30518,641-44,745-50,19136,054234,945-290,877-30,354321,231
Hire Purchase and Lease Commitments
other long term liabilities-288,653288,653-338,84845,166-22,558316,240
share issue30,000
interest-15,144-27,839-21,543-13,288-12,845-15,540-18,076-17,266-7,668-9,257-19,746-10,25240155155
cash flow from financing-65,144-221,608138,5509,0175,796-60,285-68,26718,788-61,376-11,481-50,100-27,86945,206-22,403346,395
cash and cash equivalents
cash37,378-62,057-45,481129,10411,171-3,19812,780-82,303100,33878,925-59,22843,17716,051-61,96361,963
overdraft-24,00054,00110,073-34,1936276,69815,96620,828
change in cash37,378-38,057-99,482119,03145,364-3,8256,082-98,26979,51078,925-59,22843,17716,051-61,96361,963

asnu corporation europe 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 asnu corporation europe limited. Get real-time insights into asnu corporation europe limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Asnu Corporation Europe Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for asnu corporation europe limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in AL3 area or any other competitors across 12 key performance metrics.

asnu corporation europe limited Ownership

ASNU CORPORATION EUROPE LIMITED group structure

Asnu Corporation Europe Limited has no subsidiary companies.

Ultimate parent company

ASNU CORPORATION EUROPE LIMITED

03322002

ASNU CORPORATION EUROPE LIMITED Shareholders

mr p.j. ellisdon 87.08%
mrs l. ellisdon 12.92%

asnu corporation europe limited directors

Asnu Corporation Europe Limited currently has 4 directors. The longest serving directors include Mr Philip Ellisdon (Feb 1997) and Ms Lorraine Ellisdon (Apr 2000).

officercountryagestartendrole
Mr Philip Ellisdon72 years Feb 1997- Director
Ms Lorraine Ellisdon70 years Apr 2000- Director
Mrs Melissa Herbert49 years Jan 2022- Director
Mr Tony Herbert47 years Jan 2022- Director

P&L

March 2024

turnover

2.5m

-9%

operating profit

30.3k

0%

gross margin

43.9%

+6.82%

turnover

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

Balance Sheet

March 2024

net assets

973.2k

+0.01%

total assets

1.6m

-0.12%

cash

176.7k

+0.27%

net assets

Total assets minus all liabilities

asnu corporation europe limited company details

company number

03322002

Type

Private limited with Share Capital

industry

26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

incorporation date

February 1997

age

28

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

23 porters wood, st albans, hertfordshire, AL3 6PQ

Bank

-

Legal Advisor

-

asnu corporation europe 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 4 charges/mortgages relating to asnu corporation europe limited. Currently there are 2 open charges and 2 have been satisfied in the past.

asnu corporation europe 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.

Click to start generating capital raising & share issue transactions for ASNU CORPORATION EUROPE LIMITED. This can take several minutes, an email will notify you when this has completed.

asnu corporation europe limited Companies House Filings - See Documents

datedescriptionview/download