aero tec laboratories limited
aero tec laboratories limited Company Information
Company Number
03490552
Next Accounts
Sep 2025
Industry
Manufacture of other rubber products
Shareholders
peter regna
Group Structure
View All
Contact
Registered Address
atl technology centre, denbigh road, milton keynes, MK1 1DF
Website
http://atlltd.comaero tec laboratories limited Estimated Valuation
Pomanda estimates the enterprise value of AERO TEC LABORATORIES LIMITED at £11.4m based on a Turnover of £17m and 0.67x industry multiple (adjusted for size and gross margin).
aero tec laboratories limited Estimated Valuation
Pomanda estimates the enterprise value of AERO TEC LABORATORIES LIMITED at £4.5m based on an EBITDA of £876.2k and a 5.16x industry multiple (adjusted for size and gross margin).
aero tec laboratories limited Estimated Valuation
Pomanda estimates the enterprise value of AERO TEC LABORATORIES LIMITED at £12.1m based on Net Assets of £6.6m and 1.84x industry multiple (adjusted for liquidity).
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Aero Tec Laboratories Limited Overview
Aero Tec Laboratories Limited is a live company located in milton keynes, MK1 1DF with a Companies House number of 03490552. It operates in the manufacture of other rubber products sector, SIC Code 22190. Founded in January 1998, it's largest shareholder is peter regna with a 100% stake. Aero Tec Laboratories Limited is a mature, mid sized company, Pomanda has estimated its turnover at £17m with high growth in recent years.
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Aero Tec Laboratories Limited Health Check
Pomanda's financial health check has awarded Aero Tec Laboratories Limited a 4.5 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 £17m, make it in line with the average company (£14.9m)
£17m - Aero Tec Laboratories Limited
£14.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (5.7%)
29% - Aero Tec Laboratories Limited
5.7% - Industry AVG
Production
with a gross margin of 29.2%, this company has a comparable cost of product (29.2%)
29.2% - Aero Tec Laboratories Limited
29.2% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (5%)
3.7% - Aero Tec Laboratories Limited
5% - Industry AVG
Employees
with 159 employees, this is above the industry average (78)
159 - Aero Tec Laboratories Limited
78 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£44.8k)
£46.6k - Aero Tec Laboratories Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £106.9k, this is less efficient (£191.2k)
£106.9k - Aero Tec Laboratories Limited
£191.2k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (55 days)
57 days - Aero Tec Laboratories Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (44 days)
31 days - Aero Tec Laboratories Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 86 days, this is in line with average (76 days)
86 days - Aero Tec Laboratories Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (9 weeks)
33 weeks - Aero Tec Laboratories Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.3%, this is a lower level of debt than the average (40.2%)
25.3% - Aero Tec Laboratories Limited
40.2% - Industry AVG
AERO TEC LABORATORIES LIMITED financials
Aero Tec Laboratories Limited's latest turnover from December 2023 is £17 million and the company has net assets of £6.6 million. According to their latest financial statements, Aero Tec Laboratories Limited has 159 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,001,315 | 13,053,857 | 10,259,790 | 7,934,479 | 13,607,196 | 13,065,698 | 9,819,746 | 9,424,722 | 8,017,117 | 6,841,670 | 6,670,351 | 7,698,318 | 3,586,164 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 12,040,610 | 9,137,639 | 6,705,121 | 5,368,224 | 8,532,127 | 8,327,297 | 6,078,364 | 5,534,499 | 4,884,054 | 4,005,917 | 3,733,495 | 3,620,477 | 1,822,103 | ||
| Gross Profit | 4,960,705 | 3,916,218 | 3,554,669 | 2,566,255 | 5,075,069 | 4,738,401 | 3,741,382 | 3,890,223 | 3,133,063 | 2,835,753 | 2,936,856 | 4,077,841 | 1,764,061 | ||
| Admin Expenses | 4,324,135 | 3,349,804 | 3,101,129 | 1,936,918 | 2,587,571 | 3,129,065 | 1,665,257 | 1,455,008 | 1,268,998 | 1,214,727 | 3,843,331 | 2,054,406 | 900,530 | ||
| Operating Profit | 636,570 | 566,414 | 453,540 | 629,337 | 2,487,498 | 1,609,336 | 2,076,125 | 2,435,215 | 1,864,065 | 1,621,026 | -906,475 | 2,023,435 | 863,531 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 550 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 68,032 | 49,507 | 1,649 | 15,825 | 30,142 | 22,602 | 29,150 | 11,212 | 34,907 | 15,152 | 17,742 | 57,516 | 67,027 | ||
| Pre-Tax Profit | 704,602 | 615,921 | 455,189 | 645,162 | 2,517,090 | 1,631,938 | 2,105,275 | 2,446,427 | 1,898,972 | 1,636,178 | -888,733 | 2,078,373 | 930,558 | ||
| Tax | -159,184 | -120,239 | -123,780 | -138,120 | -477,224 | -339,330 | -406,585 | -469,345 | -355,507 | -414,531 | 283,000 | -514,390 | -258,486 | ||
| Profit After Tax | 545,418 | 495,682 | 331,409 | 507,042 | 2,039,866 | 1,292,608 | 1,698,690 | 1,977,082 | 1,543,465 | 1,221,647 | -605,733 | 1,563,983 | 672,072 | ||
| Dividends Paid | 4,785,982 | 0 | 0 | 0 | 390,381 | 7,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -4,240,564 | 495,682 | 331,409 | 507,042 | 1,649,485 | -5,707,392 | 1,698,690 | 1,977,082 | 1,543,465 | 1,221,647 | -605,733 | 1,563,983 | 672,072 | ||
| Employee Costs | 7,402,764 | 5,943,533 | 4,959,901 | 3,993,071 | 4,558,217 | 5,219,107 | 3,317,429 | 2,881,247 | 2,553,273 | 2,231,087 | 1,971,306 | 1,771,385 | |||
| Number Of Employees | 159 | 131 | 96 | 103 | 122 | 124 | 100 | 90 | 75 | 66 | 56 | 53 | |||
| EBITDA* | 876,174 | 793,432 | 667,899 | 865,772 | 2,785,353 | 1,899,955 | 2,327,112 | 2,666,493 | 2,003,856 | 1,740,709 | -852,703 | 2,085,790 | 924,907 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,118,960 | 1,027,610 | 842,194 | 957,746 | 1,122,608 | 1,211,587 | 1,129,240 | 1,179,800 | 1,167,616 | 861,970 | 926,264 | 76,413 | 74,692 | 102,714 | 131,154 |
| Intangible Assets | 124,044 | 125,328 | 97,007 | 111,943 | 111,380 | 117,039 | 76,507 | 55,886 | 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 | 1,243,004 | 1,152,938 | 939,201 | 1,069,689 | 1,233,988 | 1,328,626 | 1,205,747 | 1,235,686 | 1,167,616 | 861,970 | 926,264 | 76,413 | 74,692 | 102,714 | 131,154 |
| Stock & work in progress | 2,860,664 | 2,580,955 | 1,932,021 | 1,666,883 | 1,197,404 | 1,411,702 | 922,488 | 880,801 | 910,607 | 736,163 | 637,454 | 666,252 | 907,813 | 702,298 | 637,865 |
| Trade Debtors | 2,701,123 | 2,504,910 | 2,424,509 | 1,499,239 | 1,833,640 | 1,646,186 | 1,405,147 | 851,608 | 845,766 | 475,426 | 591,213 | 2,374,268 | 907,868 | 442,414 | 332,315 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 688,021 | 336,600 | 247,711 | 229,502 | 196,174 | 268,498 | 189,638 | 138,215 | 111,619 | 96,907 | 482,374 | 0 | 0 | 0 | 48,360 |
| Cash | 1,287,168 | 5,814,684 | 6,122,303 | 6,415,998 | 6,395,971 | 4,315,542 | 10,948,645 | 9,726,052 | 8,095,310 | 6,904,532 | 4,953,387 | 5,703,358 | 6,136,862 | 4,844,379 | 2,976,252 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,536,976 | 11,237,149 | 10,726,544 | 9,811,622 | 9,623,189 | 7,641,928 | 13,465,918 | 11,596,676 | 9,963,302 | 8,213,028 | 6,664,428 | 8,743,878 | 7,952,543 | 5,989,091 | 3,994,792 |
| total assets | 8,779,980 | 12,390,087 | 11,665,745 | 10,881,311 | 10,857,177 | 8,970,554 | 14,671,665 | 12,832,362 | 11,130,918 | 9,074,998 | 7,590,692 | 8,820,291 | 8,027,235 | 6,091,805 | 4,125,946 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,045,251 | 203,881 | 492,653 | 147,785 | 325,700 | 159,218 | 340,558 | 61,658 | 130,935 | 77,935 | 81,862 | 1,127,754 | 1,898,681 | 1,527,494 | 44,537 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 5,723 | 13,701 | 102,052 | 100,307 | 15,620 | 0 | 0 | 0 | 264 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 958,626 | 1,189,277 | 695,948 | 618,182 | 916,894 | 843,711 | 671,720 | 804,683 | 909,747 | 526,774 | 406,406 | 0 | 0 | 0 | 300,332 |
| total current liabilities | 2,003,877 | 1,393,158 | 1,188,601 | 765,967 | 1,242,594 | 1,002,929 | 1,018,001 | 880,042 | 1,142,734 | 705,016 | 503,888 | 1,127,754 | 1,898,681 | 1,527,494 | 345,133 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 212,753 | 193,015 | 168,912 | 138,521 | 144,802 | 147,329 | 125,976 | 123,322 | 136,268 | 61,531 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 212,753 | 193,015 | 168,912 | 138,521 | 144,802 | 147,329 | 125,976 | 123,322 | 136,268 | 61,531 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,216,630 | 1,586,173 | 1,357,513 | 904,488 | 1,387,396 | 1,150,258 | 1,143,977 | 1,003,364 | 1,279,002 | 766,547 | 503,888 | 1,127,754 | 1,898,681 | 1,527,494 | 345,133 |
| net assets | 6,563,350 | 10,803,914 | 10,308,232 | 9,976,823 | 9,469,781 | 7,820,296 | 13,527,688 | 11,828,998 | 9,851,916 | 8,308,451 | 7,086,804 | 7,692,537 | 6,128,554 | 4,564,311 | 3,780,813 |
| total shareholders funds | 6,563,350 | 10,803,914 | 10,308,232 | 9,976,823 | 9,469,781 | 7,820,296 | 13,527,688 | 11,828,998 | 9,851,916 | 8,308,451 | 7,086,804 | 7,692,537 | 6,128,554 | 4,564,311 | 3,780,813 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 636,570 | 566,414 | 453,540 | 629,337 | 2,487,498 | 1,609,336 | 2,076,125 | 2,435,215 | 1,864,065 | 1,621,026 | -906,475 | 2,023,435 | 863,531 | ||
| Depreciation | 227,090 | 210,786 | 198,840 | 223,225 | 286,871 | 287,156 | 249,618 | 231,278 | 139,791 | 119,683 | 53,772 | 62,355 | 35,885 | 58,912 | 61,376 |
| Amortisation | 12,514 | 16,232 | 15,519 | 13,210 | 10,984 | 3,463 | 1,369 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -159,184 | -120,239 | -123,780 | -138,120 | -477,224 | -339,330 | -406,585 | -469,345 | -355,507 | -414,531 | 283,000 | -514,390 | -258,486 | ||
| Stock | 279,709 | 648,934 | 265,138 | 469,479 | -214,298 | 489,214 | 41,687 | -29,806 | 174,444 | 98,709 | -28,798 | -241,561 | 205,515 | 64,433 | 637,865 |
| Debtors | 547,634 | 169,290 | 943,479 | -301,073 | 115,130 | 319,899 | 604,962 | 32,438 | 385,052 | -501,254 | -1,300,681 | 1,466,400 | 465,454 | 61,739 | 380,675 |
| Creditors | 841,370 | -288,772 | 344,868 | -177,915 | 166,482 | -181,340 | 278,900 | -69,277 | 53,000 | -3,927 | -1,045,892 | -770,927 | 371,187 | 1,482,957 | 44,537 |
| Accruals and Deferred Income | -230,651 | 493,329 | 77,766 | -298,712 | 73,183 | 171,991 | -132,963 | -105,064 | 382,973 | 120,368 | 406,406 | 0 | 0 | -300,332 | 300,332 |
| Deferred Taxes & Provisions | 19,738 | 24,103 | 30,391 | -6,281 | -2,527 | 21,353 | 2,654 | -12,946 | 74,737 | 61,531 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 520,104 | 83,629 | -211,473 | 76,338 | 2,644,435 | 763,516 | 1,422,469 | 2,007,229 | 1,599,563 | 1,906,695 | 120,290 | -424,366 | -7,250 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -413,498 | -221,048 | -299,348 | -445,534 | -57,520 | -903,623 | -66,654 | |||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -413,498 | -221,048 | -299,348 | -445,534 | -57,520 | -903,623 | -66,654 | |||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -5,723 | -7,978 | -88,351 | 1,745 | 84,687 | 15,620 | 0 | 0 | -264 | 264 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 68,032 | 49,507 | 1,649 | 15,825 | 29,592 | 22,602 | 29,150 | 11,212 | 34,907 | 15,152 | 17,742 | 57,516 | |||
| cash flow from financing | 68,032 | 49,507 | 1,649 | 15,825 | 29,592 | 16,879 | 21,172 | -77,139 | 36,652 | 99,839 | 33,362 | 57,516 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -4,527,516 | -307,619 | -293,695 | 20,027 | 2,080,429 | -6,633,103 | 1,222,593 | 1,630,742 | 1,190,778 | 1,951,145 | -749,971 | -433,504 | 1,292,483 | 1,868,127 | 2,976,252 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,527,516 | -307,619 | -293,695 | 20,027 | 2,080,429 | -6,633,103 | 1,222,593 | 1,630,742 | 1,190,778 | 1,951,145 | -749,971 | -433,504 | 1,292,483 | 1,868,127 | 2,976,252 |
aero tec laboratories limited Credit Report and Business Information
Aero Tec Laboratories Limited Competitor Analysis
Perform a competitor analysis for aero tec laboratories limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in MK1 area or any other competitors across 12 key performance metrics.
aero tec laboratories limited Ownership
AERO TEC LABORATORIES LIMITED group structure
Aero Tec Laboratories Limited has no subsidiary companies.
Ultimate parent company
AERO TEC LABORATORIES LIMITED
03490552
aero tec laboratories limited directors
Aero Tec Laboratories Limited currently has 3 directors. The longest serving directors include Mr Peter Regna (Jan 1998) and Mr Giles Dawson (Apr 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Regna | United States | 80 years | Jan 1998 | - | Director |
| Mr Giles Dawson | England | 40 years | Apr 2012 | - | Director |
| Mrs Barbara Regna | United Kingdom | 41 years | Jan 2023 | - | Director |
P&L
December 2023turnover
17m
+30%
operating profit
636.6k
+12%
gross margin
29.2%
-2.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.6m
-0.39%
total assets
8.8m
-0.29%
cash
1.3m
-0.78%
net assets
Total assets minus all liabilities
aero tec laboratories limited company details
company number
03490552
Type
Private limited with Share Capital
industry
22190 - Manufacture of other rubber products
incorporation date
January 1998
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MHA
address
atl technology centre, denbigh road, milton keynes, MK1 1DF
Bank
BARCLAYS BANK PLC
Legal Advisor
-
aero tec laboratories 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 aero tec laboratories limited.
aero tec laboratories limited Capital Raised & Share Issues BETA
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aero tec laboratories limited Companies House Filings - See Documents
| date | description | view/download |
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