element materials technology aberdeen ltd

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element materials technology aberdeen ltd Company Information

Share ELEMENT MATERIALS TECHNOLOGY ABERDEEN LTD

Company Number

03399370

Shareholders

element materials technology holding usa inc

Group Structure

View All

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

3rd floor davidson building, 5 southampton street, london, WC2E 7HA

element materials technology aberdeen ltd Estimated Valuation

£6.8m

Pomanda estimates the enterprise value of ELEMENT MATERIALS TECHNOLOGY ABERDEEN LTD at £6.8m based on a Turnover of £8.6m and 0.79x industry multiple (adjusted for size and gross margin).

element materials technology aberdeen ltd Estimated Valuation

£15.3m

Pomanda estimates the enterprise value of ELEMENT MATERIALS TECHNOLOGY ABERDEEN LTD at £15.3m based on an EBITDA of £2.7m and a 5.67x industry multiple (adjusted for size and gross margin).

element materials technology aberdeen ltd Estimated Valuation

£27.3m

Pomanda estimates the enterprise value of ELEMENT MATERIALS TECHNOLOGY ABERDEEN LTD at £27.3m based on Net Assets of £11.9m and 2.3x industry multiple (adjusted for liquidity).

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Element Materials Technology Aberdeen Ltd Overview

Element Materials Technology Aberdeen Ltd is a live company located in london, WC2E 7HA with a Companies House number of 03399370. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in July 1997, it's largest shareholder is element materials technology holding usa inc with a 100% stake. Element Materials Technology Aberdeen Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £8.6m with healthy growth in recent years.

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Element Materials Technology Aberdeen Ltd Health Check

Pomanda's financial health check has awarded Element Materials Technology Aberdeen Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £8.6m, make it larger than the average company (£2.9m)

£8.6m - Element Materials Technology Aberdeen Ltd

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (7.2%)

9% - Element Materials Technology Aberdeen Ltd

7.2% - Industry AVG

production

Production

with a gross margin of 52.4%, this company has a comparable cost of product (44.8%)

52.4% - Element Materials Technology Aberdeen Ltd

44.8% - Industry AVG

profitability

Profitability

an operating margin of 26.5% make it more profitable than the average company (5.7%)

26.5% - Element Materials Technology Aberdeen Ltd

5.7% - Industry AVG

employees

Employees

with 77 employees, this is above the industry average (23)

77 - Element Materials Technology Aberdeen Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.3k, the company has a lower pay structure (£54k)

£31.3k - Element Materials Technology Aberdeen Ltd

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £112.1k, this is equally as efficient (£125.4k)

£112.1k - Element Materials Technology Aberdeen Ltd

£125.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 110 days, this is later than average (56 days)

110 days - Element Materials Technology Aberdeen Ltd

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (31 days)

12 days - Element Materials Technology Aberdeen Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Element Materials Technology Aberdeen Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (25 weeks)

21 weeks - Element Materials Technology Aberdeen Ltd

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.2%, this is a lower level of debt than the average (53.3%)

17.2% - Element Materials Technology Aberdeen Ltd

53.3% - Industry AVG

ELEMENT MATERIALS TECHNOLOGY ABERDEEN LTD financials

EXPORTms excel logo

Element Materials Technology Aberdeen Ltd's latest turnover from December 2023 is £8.6 million and the company has net assets of £11.9 million. According to their latest financial statements, Element Materials Technology Aberdeen Ltd has 77 employees and maintains cash reserves of £691.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover8,631,4935,651,8555,813,6916,619,9018,225,5214,359,3852,985,2384,198,7623,683,9793,612,8123,533,9222,840,3142,845,7322,711,1342,368,148
Other Income Or Grants
Cost Of Sales4,110,1252,775,1582,928,3203,443,4384,539,6372,241,1631,496,5802,235,0091,817,0581,791,0741,874,6531,696,4721,471,3431,585,4601,339,054
Gross Profit4,521,3682,876,6972,885,3713,176,4633,685,8842,118,2221,488,6581,963,7531,866,9211,821,7381,659,2691,143,8421,374,3891,125,6741,029,094
Admin Expenses2,233,1732,099,5671,217,2601,717,9751,938,649759,810836,2691,314,1791,177,6951,108,933945,340539,986334,865334,317220,040
Operating Profit2,288,195777,1301,668,1111,458,4881,747,2351,358,412652,389649,574689,226712,805713,929603,8561,039,524791,357809,054
Interest Payable24,7043,0665,6246,1488,0283,69534,86840,91040,80940,69741,06744,98541,524
Interest Receivable244,19238,1452752211,777250238
Pre-Tax Profit2,507,683812,2091,662,4871,452,3401,739,2071,000,954496,065645,879654,358671,895673,395563,3801,000,234746,622767,768
Tax31,8207,26588,764118,273-3,917101,92834,19046,460-100,550-58,221-154,204-154,494-268,198-204,527-220,753
Profit After Tax2,539,503819,4741,751,2511,570,6131,735,2901,102,882530,255692,339553,808613,674519,191408,886732,036542,095547,015
Dividends Paid1,350,000375,550150,000850,000200,000800,000300,000950,000479,000
Retained Profit2,539,503819,4741,751,2511,570,613385,290727,332380,255-157,661353,808-186,326519,191108,886-217,964542,09568,015
Employee Costs2,412,4202,004,8761,857,0731,930,3311,936,1121,438,6001,208,3881,409,2571,298,5781,153,4311,317,3801,020,319853,509805,632741,557
Number Of Employees774141474442333633313125232019
EBITDA*2,695,8791,126,6832,006,3051,720,4101,973,3641,503,611839,399856,021895,673915,664883,681747,0371,114,952856,544879,224

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,499,2932,801,7604,094,8873,915,0523,105,2341,662,4231,753,3821,616,3281,521,4211,638,8861,547,5711,476,9391,359,2701,113,526742,539
Intangible Assets865,26051,330
Investments & Other749,727706,740
Debtors (Due After 1 year)699,209610,445491,630
Total Fixed Assets5,114,2803,559,8303,395,6783,304,6073,105,2341,662,4231,753,3821,616,3281,521,4211,638,8861,547,5711,476,9391,359,2701,113,526742,539
Stock & work in progress24,80021,892395,848
Trade Debtors2,606,9411,286,0661,403,017915,7812,246,5831,261,046470,087467,000445,661651,567703,994744,5131,206,216896,964695,060
Group Debtors5,768,8505,078,2593,578,0121,537,466279,553307,55957,05256,61148,1558,59318,75124,934390,752
Misc Debtors193,899128,40668,100526,25780,830734,935223,540255,576527,908395,959238,141295,11728,42686,09047,682
Cash691,054168,459987,1821,180,993494,220322,801522,668376,095566,258334,139830,065400,045301,168555,826326,082
misc current assets
total current assets9,260,7446,661,1906,036,3114,160,4973,101,1862,626,3411,273,3471,155,2821,539,8271,429,8201,780,7931,458,4261,585,5441,951,5241,464,672
total assets14,375,02410,221,0209,431,9897,465,1046,206,4204,288,7643,026,7292,771,6103,061,2483,068,7063,328,3642,935,3652,944,8143,065,0502,207,211
Bank overdraft
Bank loan
Trade Creditors 143,561142,138154,723152,111270,86083,95066,42760,71955,97549,27738,14418,54773,29777,94479,869
Group/Directors Accounts847,195172,78220,70066,62614,8881,04550,000
other short term finances
hp & lease commitments105,43328,27845,44634,81832,782
other current liabilities578,307512,113545,367323,4911,945,872724,299186,949283,605136,923205,910270,427373,898485,773400,689366,938
total current liabilities1,674,496855,311745,536510,4202,249,514808,249253,376344,324192,898255,187329,271459,071573,958479,678496,807
loans73,600112,564182,202304,360704,360700,000700,000700,000700,000750,000
hp & lease commitments330,7548,56636,80056,28291,101
Accruals and Deferred Income
other liabilities
provisions473,128223,968223,96840,340108,716202,0463,6083,448
total long term liabilities803,8828,566148,784168,26691,10120,17054,358405,383704,360703,608700,000703,448700,000750,000
total liabilities2,478,378863,877894,320678,6862,340,615808,249273,546398,682598,281959,5471,032,8791,159,0711,277,4061,179,6781,246,807
net assets11,896,6469,357,1438,537,6696,786,4183,865,8053,480,5152,753,1832,372,9282,462,9672,109,1592,295,4851,776,2941,667,4081,885,372960,404
total shareholders funds11,896,6469,357,1438,537,6696,786,4183,865,8053,480,5152,753,1832,372,9282,462,9672,109,1592,295,4851,776,2941,667,4081,885,372960,404
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,288,195777,1301,668,1111,458,4881,747,2351,358,412652,389649,574689,226712,805713,929603,8561,039,524791,357809,054
Depreciation300,086253,646338,194261,922226,129145,199187,010206,447206,447202,859169,752143,18175,42865,18770,170
Amortisation107,59895,907
Tax31,8207,26588,764118,273-3,917101,92834,19046,460-100,550-58,221-154,204-154,494-268,198-204,527-220,753
Stock-24,8002,908-373,956395,848
Debtors2,076,959744,3932,158,389491,353795,0561,552,861-28,508-194,382-122,112144,953-107,653-201,195-114,230631,064742,742
Creditors1,423-12,5852,612-118,749186,91017,5235,7084,7446,69811,13319,597-54,750-4,647-1,92579,869
Accruals and Deferred Income66,194-33,254221,876-1,622,3811,221,573537,350-96,656146,682-68,987-64,517-103,471-111,87585,08433,751366,938
Deferred Taxes & Provisions473,128-223,968223,968-40,340-68,376-93,330202,046-3,6083,608-3,4483,448
Cash flow from operations1,191,485119,748161,168-169,8322,582,874567,211742,7731,154,9591,056,992655,498756,864648,4651,041,961426,735-33,312
Investing Activities
capital expenditure-1,919,147892,244-518,029-1,071,740-1,668,940-54,240-324,064-301,354-88,982-294,174-240,384-260,850-321,172-436,174-812,709
Change in Investments42,987706,740
cash flow from investments-1,962,134185,504-518,029-1,071,740-1,668,940-54,240-324,064-301,354-88,982-294,174-240,384-260,850-321,172-436,174-812,709
Financing Activities
Bank loans
Group/Directors Accounts674,413172,782-20,700-45,92651,73813,843-48,95550,000
Other Short Term Loans
Long term loans-73,600-38,964-69,638182,202-304,360-400,0004,360-50,000750,000
Hire Purchase and Lease Commitments399,343-45,402-8,854-32,783123,883
other long term liabilities
share issue1,350,00067,622382,873892,389
interest219,48835,079-5,624-6,148-8,028-3,695-34,868-40,910-40,534-40,476-39,290-44,735-41,286
cash flow from financing1,293,24488,859-53,4421,241,431298,057-240,433-434,868-57,250-86,46011,262-25,447239,1831,651,103
cash and cash equivalents
cash522,595-818,723-193,811686,773171,419-199,867146,573-190,163232,119-495,926430,02098,877-254,658229,744326,082
overdraft
change in cash522,595-818,723-193,811686,773171,419-199,867146,573-190,163232,119-495,926430,02098,877-254,658229,744326,082

element materials technology aberdeen ltd Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Element Materials Technology Aberdeen Ltd Competitor Analysis

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Perform a competitor analysis for element materials technology aberdeen ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in WC2E area or any other competitors across 12 key performance metrics.

element materials technology aberdeen ltd Ownership

ELEMENT MATERIALS TECHNOLOGY ABERDEEN LTD group structure

Element Materials Technology Aberdeen Ltd has no subsidiary companies.

Ultimate parent company

ELEMENT MATERIALS TECH HOLDING USA INC

#0078657

2 parents

ELEMENT MATERIALS TECHNOLOGY ABERDEEN LTD

03399370

ELEMENT MATERIALS TECHNOLOGY ABERDEEN LTD Shareholders

element materials technology holding usa inc 100%

element materials technology aberdeen ltd directors

Element Materials Technology Aberdeen Ltd currently has 2 directors. The longest serving directors include Mr Gavin Dashwood (Nov 2020) and Lee Brough (Nov 2023).

officercountryagestartendrole
Mr Gavin DashwoodUnited Kingdom40 years Nov 2020- Director
Lee BroughUnited Kingdom43 years Nov 2023- Director

P&L

December 2023

turnover

8.6m

+53%

operating profit

2.3m

+194%

gross margin

52.4%

+2.92%

turnover

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

Balance Sheet

December 2023

net assets

11.9m

+0.27%

total assets

14.4m

+0.41%

cash

691.1k

+3.1%

net assets

Total assets minus all liabilities

element materials technology aberdeen ltd company details

company number

03399370

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

July 1997

age

28

incorporated

UK

accounts

Small Company

last accounts submitted

December 2023

previous names

materials engineering limited (June 2012)

accountant

-

auditor

ERNST & YOUNG LLP

address

3rd floor davidson building, 5 southampton street, london, WC2E 7HA

Bank

HSBC BANK PLC

Legal Advisor

-

element materials technology aberdeen 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 found 9 charges/mortgages relating to element materials technology aberdeen ltd. Currently there are 1 open charges and 8 have been satisfied in the past.

element materials technology aberdeen 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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element materials technology aberdeen ltd Companies House Filings - See Documents

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