z-tech control systems limited
z-tech control systems limited Company Information
Company Number
03353499
Website
http://z-tech.co.ukRegistered Address
abel smith house, gunnels wood road, stevenage, hertfordshire, SG1 2ST
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
01223653500
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mgs water limited 100%
z-tech control systems limited Estimated Valuation
Pomanda estimates the enterprise value of Z-TECH CONTROL SYSTEMS LIMITED at £11.5m based on a Turnover of £21.5m and 0.53x industry multiple (adjusted for size and gross margin).
z-tech control systems limited Estimated Valuation
Pomanda estimates the enterprise value of Z-TECH CONTROL SYSTEMS LIMITED at £15.8m based on an EBITDA of £3.4m and a 4.61x industry multiple (adjusted for size and gross margin).
z-tech control systems limited Estimated Valuation
Pomanda estimates the enterprise value of Z-TECH CONTROL SYSTEMS LIMITED at £15.4m based on Net Assets of £6.9m and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Z-tech Control Systems Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Z-tech Control Systems Limited Overview
Z-tech Control Systems Limited is a live company located in stevenage, SG1 2ST with a Companies House number of 03353499. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in April 1997, it's largest shareholder is mgs water limited with a 100% stake. Z-tech Control Systems Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.5m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Z-tech Control Systems Limited Health Check
Pomanda's financial health check has awarded Z-Tech Control Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £21.5m, make it larger than the average company (£1.6m)
£21.5m - Z-tech Control Systems Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.4%)
10% - Z-tech Control Systems Limited
5.4% - Industry AVG
Production
with a gross margin of 25%, this company has a higher cost of product (44.1%)
25% - Z-tech Control Systems Limited
44.1% - Industry AVG
Profitability
an operating margin of 13.6% make it more profitable than the average company (6.3%)
13.6% - Z-tech Control Systems Limited
6.3% - Industry AVG
Employees
with 229 employees, this is above the industry average (15)
229 - Z-tech Control Systems Limited
15 - Industry AVG
Pay Structure
on an average salary of £52.5k, the company has an equivalent pay structure (£47k)
£52.5k - Z-tech Control Systems Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £94.1k, this is less efficient (£111k)
£94.1k - Z-tech Control Systems Limited
£111k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (56 days)
101 days - Z-tech Control Systems Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (33 days)
20 days - Z-tech Control Systems Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (29 days)
2 days - Z-tech Control Systems Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (33 weeks)
47 weeks - Z-tech Control Systems Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.5%, this is a lower level of debt than the average (52.2%)
33.5% - Z-tech Control Systems Limited
52.2% - Industry AVG
z-tech control systems limited Credit Report and Business Information
Z-tech Control Systems Limited Competitor Analysis
Perform a competitor analysis for z-tech control systems limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
z-tech control systems limited Ownership
Z-TECH CONTROL SYSTEMS LIMITED group structure
Z-Tech Control Systems Limited has no subsidiary companies.
Ultimate parent company
2 parents
Z-TECH CONTROL SYSTEMS LIMITED
03353499
z-tech control systems limited directors
Z-Tech Control Systems Limited currently has 8 directors. The longest serving directors include Mr James Hobson (Dec 2021) and Mr Andrew Findlay (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Hobson | 47 years | Dec 2021 | - | Director | |
| Mr Andrew Findlay | United Kingdom | 54 years | Dec 2021 | - | Director |
| Mr Andrew Findlay | United Kingdom | 54 years | Dec 2021 | - | Director |
| Mr Christian Keen | 60 years | Sep 2022 | - | Director | |
| Mr Alain Loosveld | 55 years | Sep 2022 | - | Director | |
| Mr Jonathan Yarr | 44 years | Jun 2023 | - | Director | |
| Mr Peter Tosland | United Kingdom | 54 years | Aug 2023 | - | Director |
| Mr Iain Sutherland | 52 years | Mar 2024 | - | Director |
Z-TECH CONTROL SYSTEMS LIMITED financials
Z-Tech Control Systems Limited's latest turnover from March 2023 is £21.5 million and the company has net assets of £6.9 million. According to their latest financial statements, Z-Tech Control Systems Limited has 229 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,546,000 | 17,681,000 | 18,687,000 | 16,162,251 | 16,774,762 | 18,319,172 | 17,446,565 | 14,063,466 | 12,608,006 | 11,080,105 | 10,362,628 | 7,557,044 | 6,275,570 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 16,157,000 | 13,381,000 | 14,500,000 | 13,354,026 | 14,098,144 | 15,255,700 | 14,496,490 | 11,799,059 | 10,249,430 | 9,030,138 | 8,799,422 | 5,316,292 | ||
| Gross Profit | 5,389,000 | 4,300,000 | 4,187,000 | 2,808,225 | 2,676,618 | 3,063,472 | 2,950,075 | 2,264,407 | 2,358,576 | 2,049,967 | 1,563,206 | 2,240,752 | ||
| Admin Expenses | 2,460,000 | 2,820,000 | 2,763,000 | 2,131,656 | 2,483,449 | 2,442,893 | 2,398,855 | 1,501,940 | 1,230,774 | 888,033 | 944,934 | 1,514,357 | ||
| Operating Profit | 2,929,000 | 1,480,000 | 1,424,000 | 676,569 | 193,169 | 620,579 | 551,220 | 762,467 | 1,127,802 | 1,161,934 | 618,272 | 726,395 | 653,116 | |
| Interest Payable | 4,000 | 21,000 | 92,000 | 193,835 | 189,866 | 140,374 | 55,312 | 47,775 | 40,589 | 36,463 | 40,983 | 25,407 | 12,514 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 218 | 492 | 23,928 | 8,545 | 5,232 | 3,957 | 2,818 | |
| Pre-Tax Profit | 2,925,000 | 1,459,000 | 1,332,000 | 482,734 | 3,303 | 480,205 | 496,126 | 715,184 | 1,111,141 | 1,134,016 | 582,521 | 704,945 | 643,420 | |
| Tax | -320,000 | -250,000 | -219,000 | -67,172 | 26,378 | -60,933 | -61,208 | -119,052 | -209,377 | -228,982 | -92,932 | -185,636 | -165,487 | |
| Profit After Tax | 2,605,000 | 1,209,000 | 1,113,000 | 415,562 | 29,681 | 419,272 | 434,918 | 596,132 | 901,764 | 905,034 | 489,589 | 519,309 | 477,933 | |
| Dividends Paid | 0 | 49,000 | 62,000 | 4,380 | 62,891 | 65,238 | 107,250 | 327,880 | 246,480 | 249,184 | 262,080 | 257,392 | 254,000 | |
| Retained Profit | 2,605,000 | 1,160,000 | 1,051,000 | 411,182 | -33,210 | 354,034 | 327,668 | 268,252 | 655,284 | 655,850 | 227,509 | 261,917 | 223,933 | |
| Employee Costs | 12,016,000 | 10,566,000 | 11,671,000 | 10,579,281 | 11,135,693 | 11,276,259 | 10,491,578 | 7,853,757 | 6,746,348 | 5,425,653 | 4,978,198 | 3,292,639 | 2,636,605 | |
| Number Of Employees | 229 | 205 | 213 | 216 | 233 | 233 | 228 | 182 | 157 | 143 | 131 | 89 | 73 | |
| EBITDA* | 3,427,000 | 1,983,000 | 1,989,000 | 1,266,105 | 812,682 | 1,234,118 | 1,114,974 | 1,246,986 | 1,588,770 | 1,553,204 | 970,072 | 1,001,139 | 875,862 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 895,000 | 1,303,000 | 2,096,000 | 1,810,826 | 2,046,835 | 2,088,475 | 2,336,531 | 1,896,483 | 1,792,270 | 1,530,046 | 1,770,398 | 1,511,119 | 1,186,741 | 384,120 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,095 | 17,513 | 46,556 | 38,981 | 51,218 | 12,729 | 22,922 |
| Total Fixed Assets | 895,000 | 1,303,000 | 2,096,000 | 1,810,826 | 2,046,835 | 2,088,475 | 2,336,531 | 1,899,578 | 1,809,783 | 1,576,602 | 1,809,379 | 1,562,337 | 1,199,470 | 407,042 |
| Stock & work in progress | 124,000 | 79,000 | 97,000 | 84,096 | 78,570 | 80,747 | 32,365 | 0 | 0 | 0 | 0 | 2,500 | 2,500 | 7,159 |
| Trade Debtors | 6,020,000 | 5,233,000 | 5,930,000 | 3,795,906 | 2,668,361 | 3,702,572 | 4,435,960 | 2,654,401 | 3,199,399 | 2,545,995 | 2,643,261 | 2,802,217 | 1,481,988 | 1,321,508 |
| Group Debtors | 0 | 0 | 0 | 638,576 | 659,649 | 620,312 | 659,229 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 218,000 | 258,000 | 283,000 | 261,495 | 287,954 | 244,763 | 256,585 | 832,099 | 1,369,398 | 219,938 | 186,756 | 433,737 | 337,646 | 0 |
| Cash | 3,077,000 | 741,000 | 3,084,000 | 1,339,484 | 191,904 | 51,790 | 187,253 | 178,574 | 217 | 255,384 | 57 | 240 | 444,888 | 525,499 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,439,000 | 6,311,000 | 9,394,000 | 6,119,557 | 3,886,438 | 4,700,184 | 5,571,392 | 3,665,074 | 4,569,014 | 3,021,317 | 2,830,074 | 3,238,694 | 2,267,022 | 1,854,166 |
| total assets | 10,334,000 | 7,614,000 | 11,490,000 | 7,930,383 | 5,933,273 | 6,788,659 | 7,907,923 | 5,564,652 | 6,378,797 | 4,597,919 | 4,639,453 | 4,801,031 | 3,466,492 | 2,261,208 |
| Bank overdraft | 0 | 0 | 449,000 | 0 | 0 | 0 | 0 | 0 | 465,785 | 0 | 284,944 | 283,524 | 20,000 | 0 |
| Bank loan | 0 | 0 | 0 | 115,992 | 43,417 | 43,417 | 43,417 | 43,417 | 543,417 | 270,833 | 21,667 | 21,667 | 0 | 0 |
| Trade Creditors | 915,000 | 950,000 | 821,000 | 601,267 | 712,489 | 1,005,928 | 758,799 | 664,468 | 711,153 | 501,660 | 530,392 | 837,761 | 559,653 | 793,105 |
| Group/Directors Accounts | 183,000 | 308,000 | 0 | 29,514 | 80,637 | 49,112 | 0 | 39,846 | 20,118 | 7,929 | 80,194 | 146,877 | 109,220 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 105,590 | 308,590 | 388,590 | 88,615 | 0 |
| hp & lease commitments | 0 | 0 | 325,000 | 263,467 | 266,526 | 287,548 | 337,974 | 261,009 | 216,514 | 207,419 | 233,839 | 131,711 | 68,575 | 88,111 |
| other current liabilities | 2,243,000 | 1,983,000 | 5,100,000 | 4,368,656 | 2,733,221 | 3,325,325 | 3,899,119 | 1,368,384 | 1,147,161 | 1,009,935 | 879,075 | 1,002,648 | 735,931 | 0 |
| total current liabilities | 3,341,000 | 3,241,000 | 6,695,000 | 5,378,896 | 3,836,290 | 4,711,330 | 5,039,309 | 2,377,124 | 3,104,148 | 2,103,366 | 2,338,701 | 2,812,778 | 1,581,994 | 881,216 |
| loans | 0 | 0 | 1,354,000 | 386,680 | 270,354 | 313,771 | 357,188 | 400,604 | 444,021 | 0 | 270,833 | 292,500 | 266,667 | 0 |
| hp & lease commitments | 0 | 0 | 329,000 | 195,903 | 274,403 | 206,681 | 304,213 | 210,870 | 190,170 | 104,712 | 282,391 | 174,156 | 63,290 | 48,144 |
| Accruals and Deferred Income | 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 |
| provisions | 125,000 | 110,000 | 157,000 | 65,153 | 59,657 | 31,098 | 56,168 | 68,427 | 42,833 | 0 | 13,537 | 15,755 | 10,615 | 11,855 |
| total long term liabilities | 125,000 | 110,000 | 1,840,000 | 647,736 | 604,414 | 551,550 | 717,569 | 679,901 | 677,024 | 104,712 | 566,761 | 482,411 | 340,572 | 59,999 |
| total liabilities | 3,466,000 | 3,351,000 | 8,535,000 | 6,026,632 | 4,440,704 | 5,262,880 | 5,756,878 | 3,057,025 | 3,781,172 | 2,208,078 | 2,905,462 | 3,295,189 | 1,922,566 | 941,215 |
| net assets | 6,868,000 | 4,263,000 | 2,955,000 | 1,903,751 | 1,492,569 | 1,525,779 | 2,151,045 | 2,507,627 | 2,597,625 | 2,389,841 | 1,733,991 | 1,505,842 | 1,543,926 | 1,319,993 |
| total shareholders funds | 6,868,000 | 4,263,000 | 2,955,000 | 1,903,751 | 1,492,569 | 1,525,779 | 2,151,045 | 2,507,627 | 2,597,625 | 2,389,841 | 1,733,991 | 1,505,842 | 1,543,926 | 1,319,993 |
| Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,929,000 | 1,480,000 | 1,424,000 | 676,569 | 193,169 | 620,579 | 551,220 | 762,467 | 1,127,802 | 1,161,934 | 618,272 | 726,395 | 653,116 | |
| Depreciation | 498,000 | 503,000 | 565,000 | 589,536 | 619,513 | 613,539 | 563,754 | 484,519 | 460,968 | 391,270 | 351,800 | 274,744 | 222,746 | 201,562 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -320,000 | -250,000 | -219,000 | -67,172 | 26,378 | -60,933 | -61,208 | -119,052 | -209,377 | -228,982 | -92,932 | -185,636 | -165,487 | |
| Stock | 45,000 | -18,000 | 12,904 | 5,526 | -2,177 | 48,382 | 32,365 | 0 | 0 | 0 | -2,500 | 0 | -4,659 | 7,159 |
| Debtors | 747,000 | -722,000 | 1,517,023 | 1,080,013 | -951,683 | -784,127 | 1,862,179 | -1,096,715 | 1,773,821 | -56,509 | -418,174 | 1,454,809 | 487,933 | 1,344,430 |
| Creditors | -35,000 | 129,000 | 219,733 | -111,222 | -293,439 | 247,129 | 94,331 | -46,685 | 209,493 | -28,732 | -307,369 | 278,108 | -233,452 | 793,105 |
| Accruals and Deferred Income | 260,000 | -3,117,000 | 731,344 | 1,635,435 | -592,104 | -573,794 | 2,530,735 | 221,223 | 137,226 | 130,860 | -123,573 | 266,717 | 735,931 | 0 |
| Deferred Taxes & Provisions | 15,000 | -47,000 | 91,847 | 5,496 | 28,559 | -25,070 | -12,259 | 25,594 | 42,833 | -13,537 | -2,218 | 5,140 | -1,240 | 11,855 |
| Cash flow from operations | 2,555,000 | -562,000 | 1,282,997 | 1,643,103 | 935,936 | 1,557,195 | 1,772,029 | 2,424,781 | -4,876 | 1,469,322 | 864,654 | -89,341 | 728,340 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | -149,505 | -139,854 | -461,162 | -206,210 | -307,328 | -122,548 | -60,995 | -325,154 | -912,353 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -149,505 | -139,854 | -461,162 | -206,210 | -307,328 | -122,548 | -60,995 | -325,154 | -912,353 | ||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | -115,992 | 72,575 | 0 | 0 | 0 | -500,000 | 272,584 | 249,166 | 0 | 21,667 | 0 | 0 |
| Group/Directors Accounts | -125,000 | 308,000 | -29,514 | -51,123 | 31,525 | 49,112 | -39,846 | 19,728 | 12,189 | -72,265 | -66,683 | 37,657 | 109,220 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -105,590 | -203,000 | -80,000 | 299,975 | 88,615 | 0 |
| Long term loans | 0 | -1,354,000 | 967,320 | 116,326 | -43,417 | -43,417 | -43,416 | -43,417 | 444,021 | -270,833 | -21,667 | 25,833 | 266,667 | 0 |
| Hire Purchase and Lease Commitments | 0 | -654,000 | 194,630 | -81,559 | 46,700 | -147,958 | 170,308 | 65,195 | 94,553 | -204,099 | 210,363 | 174,002 | -4,390 | 136,255 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -4,000 | -21,000 | -92,000 | -193,835 | -189,866 | -140,374 | -55,094 | -47,283 | -16,661 | -27,918 | -35,751 | -21,450 | -9,696 | |
| cash flow from financing | -129,000 | -1,573,000 | 924,693 | -137,616 | -155,058 | -1,261,937 | -652,298 | -864,027 | 253,596 | -528,949 | 6,902 | 237,683 | 450,416 | |
| cash and cash equivalents | ||||||||||||||
| cash | 2,336,000 | -2,343,000 | 1,744,516 | 1,147,580 | 140,114 | -135,463 | 8,679 | 178,357 | -255,167 | 255,327 | -183 | -444,648 | -80,611 | 525,499 |
| overdraft | 0 | -449,000 | 449,000 | 0 | 0 | 0 | 0 | -465,785 | 465,785 | -284,944 | 1,420 | 263,524 | 20,000 | 0 |
| change in cash | 2,336,000 | -1,894,000 | 1,295,516 | 1,147,580 | 140,114 | -135,463 | 8,679 | 644,142 | -720,952 | 540,271 | -1,603 | -708,172 | -100,611 | 525,499 |
P&L
March 2023turnover
21.5m
+22%
operating profit
2.9m
+98%
gross margin
25.1%
+2.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6.9m
+0.61%
total assets
10.3m
+0.36%
cash
3.1m
+3.15%
net assets
Total assets minus all liabilities
Similar Companies
z-tech control systems limited company details
company number
03353499
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
April 1997
age
27
accounts
Full Accounts
ultimate parent company
previous names
z-tech dyno services limited (September 2001)
incorporated
UK
address
abel smith house, gunnels wood road, stevenage, hertfordshire, SG1 2ST
last accounts submitted
March 2023
z-tech control 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 found 9 charges/mortgages relating to z-tech control systems limited. Currently there are 1 open charges and 8 have been satisfied in the past.
z-tech control systems limited Companies House Filings - See Documents
| date | description | view/download |
|---|
