gardner aerospace - derby limited

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gardner aerospace - derby limited Company Information

Share GARDNER AEROSPACE - DERBY LIMITED

Company Number

03563546

Shareholders

gardner group ltd

Group Structure

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Industry

Manufacture of air and spacecraft and related machinery

 

Registered Address

unit 9 victory park, victory road, derby, DE24 8ZF

gardner aerospace - derby limited Estimated Valuation

£49.2m

Pomanda estimates the enterprise value of GARDNER AEROSPACE - DERBY LIMITED at £49.2m based on a Turnover of £54.8m and 0.9x industry multiple (adjusted for size and gross margin).

gardner aerospace - derby limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GARDNER AEROSPACE - DERBY LIMITED at £0 based on an EBITDA of £-2.5m and a 6.47x industry multiple (adjusted for size and gross margin).

gardner aerospace - derby limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GARDNER AEROSPACE - DERBY LIMITED at £0 based on Net Assets of £-3.3m and 2.82x industry multiple (adjusted for liquidity).

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Gardner Aerospace - Derby Limited Overview

Gardner Aerospace - Derby Limited is a live company located in derby, DE24 8ZF with a Companies House number of 03563546. It operates in the manufacture of air and spacecraft and related machinery sector, SIC Code 30300. Founded in May 1998, it's largest shareholder is gardner group ltd with a 100% stake. Gardner Aerospace - Derby Limited is a mature, large sized company, Pomanda has estimated its turnover at £54.8m with high growth in recent years.

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Gardner Aerospace - Derby Limited Health Check

Pomanda's financial health check has awarded Gardner Aerospace - Derby Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £54.8m, make it larger than the average company (£6.8m)

£54.8m - Gardner Aerospace - Derby Limited

£6.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (-2.4%)

23% - Gardner Aerospace - Derby Limited

-2.4% - Industry AVG

production

Production

with a gross margin of 1.9%, this company has a higher cost of product (38.7%)

1.9% - Gardner Aerospace - Derby Limited

38.7% - Industry AVG

profitability

Profitability

an operating margin of -6.7% make it less profitable than the average company (16.9%)

-6.7% - Gardner Aerospace - Derby Limited

16.9% - Industry AVG

employees

Employees

with 164 employees, this is above the industry average (104)

164 - Gardner Aerospace - Derby Limited

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.5k, the company has an equivalent pay structure (£52.8k)

£46.5k - Gardner Aerospace - Derby Limited

£52.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £334.3k, this is more efficient (£203.3k)

£334.3k - Gardner Aerospace - Derby Limited

£203.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (53 days)

93 days - Gardner Aerospace - Derby Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (47 days)

20 days - Gardner Aerospace - Derby Limited

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 86 days, this is less than average (120 days)

86 days - Gardner Aerospace - Derby Limited

120 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gardner Aerospace - Derby Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 108.4%, this is a higher level of debt than the average (95.3%)

108.4% - Gardner Aerospace - Derby Limited

95.3% - Industry AVG

GARDNER AEROSPACE - DERBY LIMITED financials

EXPORTms excel logo

Gardner Aerospace - Derby Limited's latest turnover from December 2023 is £54.8 million and the company has net assets of -£3.3 million. According to their latest financial statements, Gardner Aerospace - Derby Limited has 164 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover54,818,00050,021,00033,825,00029,553,00057,748,00044,831,00059,554,00040,434,00040,176,00038,081,00039,651,00025,857,00013,435,00021,937,00020,558,000
Other Income Or Grants000000000000000
Cost Of Sales53,753,00046,320,00031,113,00029,269,00050,289,00041,066,00048,556,00033,128,00032,349,00029,685,00032,555,00018,835,00010,922,00017,201,00016,925,000
Gross Profit1,065,0003,701,0002,712,000284,0007,459,0003,765,00010,998,0007,306,0007,827,0008,396,0007,096,0007,022,0002,513,0004,736,0003,633,000
Admin Expenses4,753,0004,462,0005,169,0004,311,0005,057,0003,780,0006,364,0002,318,0002,874,0004,092,0005,165,0002,952,0003,456,0003,448,0007,695,000
Operating Profit-3,688,000-761,000-2,457,000-4,027,0002,402,000-15,0004,634,0004,988,0004,953,0004,304,0001,931,0004,070,000-943,0001,288,000-4,062,000
Interest Payable1,726,000526,000208,000270,000546,000343,000307,000168,000403,000336,000269,000149,00023,00039,00048,000
Interest Receivable000000000000001,000
Pre-Tax Profit-5,414,000-1,287,000-2,665,000-4,297,0001,856,000-358,0004,327,0004,820,0004,550,0003,968,0001,662,0003,921,000-966,0001,249,000-4,109,000
Tax1,345,000-82,000618,000440,000-314,00085,000-581,000-1,065,000-997,0001,077,000-183,0000000
Profit After Tax-4,069,000-1,369,000-2,047,000-3,857,0001,542,000-273,0003,746,0003,755,0003,553,0005,045,0001,479,0003,921,000-966,0001,249,000-4,109,000
Dividends Paid00000023,296,00000000000
Retained Profit-4,069,000-1,369,000-2,047,000-3,857,0001,542,000-273,000-19,550,0003,755,0003,553,0005,045,0001,479,0003,921,000-966,0001,249,000-4,109,000
Employee Costs7,619,0006,437,0004,548,0005,384,0009,242,0009,027,0009,419,0007,785,0007,593,0007,518,0007,136,0006,315,0004,772,0007,167,0006,564,000
Number Of Employees164137116176227226217209215225208198158234233
EBITDA*-2,460,000242,000-1,720,000-2,822,0003,238,000508,0005,341,0005,318,0005,719,0005,229,0003,039,0005,086,000-392,0001,947,000-3,452,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets6,141,0004,905,0004,827,0005,069,0006,202,0006,017,0002,484,0002,094,000932,0001,887,0002,125,0002,227,0002,052,0004,051,0004,380,000
Intangible Assets1,631,0001,968,0002,143,0002,807,0002,778,000744,000612,000843,0000200,000802,0001,430,0001,911,000310,0000
Investments & Other000000000000000
Debtors (Due After 1 year)001,563,00000572,000942,000608,0001,153,000000000
Total Fixed Assets7,772,0006,873,0008,533,0007,876,0008,980,0007,333,0004,038,0003,545,0002,085,0002,087,0002,927,0003,657,0003,963,0004,361,0004,380,000
Stock & work in progress12,688,0008,851,0005,799,0006,039,0006,558,0006,929,0005,656,0004,587,0004,120,0004,557,0005,720,0005,232,0002,875,0001,819,0003,257,000
Trade Debtors14,106,0009,209,00013,169,0006,009,00014,763,00018,132,0009,826,00011,653,0006,515,0007,874,00010,982,0006,366,0002,702,0002,591,0002,378,000
Group Debtors2,001,000184,0003,436,0001,302,0001,688,0006,480,0001,718,00025,298,00021,278,00019,673,00016,840,0008,653,0003,672,0002,714,000187,000
Misc Debtors3,002,0001,849,0002,123,0001,461,0001,499,0001,136,000827,0001,055,0002,018,0002,101,000590,000573,000539,000132,000505,000
Cash0453,000162,000302,000947,000458,0001,400,00015,00058,000064,0000129,0001,589,0001,514,000
misc current assets000000000000000
total current assets31,797,00020,546,00024,689,00015,113,00025,455,00033,135,00019,427,00042,608,00033,989,00034,205,00034,196,00020,824,0009,917,0008,845,0007,841,000
total assets39,569,00027,419,00033,222,00022,989,00034,435,00040,468,00023,465,00046,153,00036,074,00036,292,00037,123,00024,481,00013,880,00013,206,00012,221,000
Bank overdraft440,000000000130,0000143,00004,467,000022,0000
Bank loan000000000000000
Trade Creditors 3,010,0002,071,0002,234,0002,252,0002,414,0002,086,0002,691,0002,698,0002,432,0002,538,0003,075,0003,039,0001,310,000982,0001,849,000
Group/Directors Accounts6,629,0009,421,00014,654,0007,510,0007,388,00018,721,0005,272,0005,928,0005,432,0008,743,0009,349,0003,106,0003,403,000740,000557,000
other short term finances12,745,0008,423,0008,321,0004,600,00011,053,00010,996,0006,337,0007,622,0004,552,0003,966,0007,735,0000000
hp & lease commitments321,00086,000117,000205,000262,000232,000448,000353,00037,00085,0008,00094,000144,000174,000201,000
other current liabilities1,555,0002,381,0005,227,0003,980,0004,888,0001,744,0001,576,0002,568,0001,007,0001,595,0002,404,0001,202,000431,0001,396,000987,000
total current liabilities24,700,00022,382,00030,553,00018,547,00026,005,00033,779,00016,324,00019,299,00013,460,00017,070,00022,571,00011,908,0005,288,0003,314,0003,594,000
loans17,000,0004,215,0000000000000000
hp & lease commitments582,00085,000171,000289,000420,000221,000400,000563,00078,000114,000296,000114,00054,000199,000372,000
Accruals and Deferred Income000000000000000
other liabilities00392,000000000000000
provisions619,00000000000125,000318,0000000
total long term liabilities18,201,0004,300,000563,000289,000420,000221,000400,000563,00078,000239,000614,000114,00054,000199,000372,000
total liabilities42,901,00026,682,00031,116,00018,836,00026,425,00034,000,00016,724,00019,862,00013,538,00017,309,00023,185,00012,022,0005,342,0003,513,0003,966,000
net assets-3,332,000737,0002,106,0004,153,0008,010,0006,468,0006,741,00026,291,00022,536,00018,983,00013,938,00012,459,0008,538,0009,693,0008,255,000
total shareholders funds-3,332,000737,0002,106,0004,153,0008,010,0006,468,0006,741,00026,291,00022,536,00018,983,00013,938,00012,459,0008,538,0009,693,0008,255,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit-3,688,000-761,000-2,457,000-4,027,0002,402,000-15,0004,634,0004,988,0004,953,0004,304,0001,931,0004,070,000-943,0001,288,000-4,062,000
Depreciation881,000703,000516,000758,000564,000332,000476,000269,000566,000375,000428,000335,000527,000659,000610,000
Amortisation347,000300,000221,000447,000272,000191,000231,00061,000200,000550,000680,000681,00024,00000
Tax1,345,000-82,000618,000440,000-314,00085,000-581,000-1,065,000-997,0001,077,000-183,0000000
Stock3,837,0003,052,000-240,000-519,000-371,0001,273,0001,069,000467,000-437,000-1,163,000488,0002,357,0001,056,000-1,438,0003,257,000
Debtors7,867,000-9,049,00011,519,000-9,178,000-8,370,00013,007,000-25,301,0007,650,0001,316,0001,236,00012,820,0008,679,0001,476,0002,367,0003,070,000
Creditors939,000-163,000-18,000-162,000328,000-605,000-7,000266,000-106,000-537,00036,0001,729,000328,000-867,0001,849,000
Accruals and Deferred Income-826,000-2,846,0001,247,000-908,0003,144,000168,000-992,0001,561,000-588,000-809,0001,202,000771,000-965,000409,000987,000
Deferred Taxes & Provisions619,0000000000-125,000-193,000318,0000000
Cash flow from operations-12,087,0003,148,000-11,152,0006,245,00015,137,000-14,124,00027,993,000-2,037,0003,024,0004,694,000-8,896,000-3,450,000-3,561,000560,000-6,943,000
Investing Activities
capital expenditure-2,127,000-906,000169,000-101,000-3,055,000-4,188,000-866,000-2,335,000389,000-85,000-378,000-710,000-153,000-640,000-4,990,000
Change in Investments000000000000000
cash flow from investments-2,127,000-906,000169,000-101,000-3,055,000-4,188,000-866,000-2,335,000389,000-85,000-378,000-710,000-153,000-640,000-4,990,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-2,792,000-5,233,0007,144,000122,000-11,333,00013,449,000-656,000496,000-3,311,000-606,0006,243,000-297,0002,663,000183,000557,000
Other Short Term Loans 4,322,000102,0003,721,000-6,453,00057,0004,659,000-1,285,0003,070,000586,000-3,769,0007,735,0000000
Long term loans12,785,0004,215,0000000000000000
Hire Purchase and Lease Commitments732,000-117,000-206,000-188,000229,000-395,000-68,000801,000-84,000-105,00096,00010,000-175,000-200,000573,000
other long term liabilities0-392,000392,000000000000000
share issue000000000000-189,000189,00012,364,000
interest-1,726,000-526,000-208,000-270,000-546,000-343,000-307,000-168,000-403,000-336,000-269,000-149,000-23,000-39,000-47,000
cash flow from financing13,321,000-1,951,00010,843,000-6,789,000-11,593,00017,370,000-2,316,0004,199,000-3,212,000-4,816,00013,805,000-436,0002,276,000133,00013,447,000
cash and cash equivalents
cash-453,000291,000-140,000-645,000489,000-942,0001,385,000-43,00058,000-64,00064,000-129,000-1,460,00075,0001,514,000
overdraft440,00000000-130,000130,000-143,000143,000-4,467,0004,467,000-22,00022,0000
change in cash-893,000291,000-140,000-645,000489,000-942,0001,515,000-173,000201,000-207,0004,531,000-4,596,000-1,438,00053,0001,514,000

gardner aerospace - derby limited 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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Gardner Aerospace - Derby Limited Competitor Analysis

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Perform a competitor analysis for gardner aerospace - derby limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in DE24 area or any other competitors across 12 key performance metrics.

gardner aerospace - derby limited Ownership

GARDNER AEROSPACE - DERBY LIMITED group structure

Gardner Aerospace - Derby Limited has no subsidiary companies.

Ultimate parent company

LIGEANCE AEROSPACE TECHNOLOGY CO. LTD

#0066086

2 parents

GARDNER AEROSPACE - DERBY LIMITED

03563546

GARDNER AEROSPACE - DERBY LIMITED Shareholders

gardner group ltd 100%

gardner aerospace - derby limited directors

Gardner Aerospace - Derby Limited currently has 2 directors. The longest serving directors include Mr Philipp Visotschnig (Sep 2022) and Mr David Hughes (Jan 2023).

officercountryagestartendrole
Mr Philipp VisotschnigUnited Kingdom49 years Sep 2022- Director
Mr David HughesUnited Kingdom49 years Jan 2023- Director

P&L

December 2023

turnover

54.8m

+10%

operating profit

-3.7m

+385%

gross margin

2%

-73.74%

turnover

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

Balance Sheet

December 2023

net assets

-3.3m

-5.52%

total assets

39.6m

+0.44%

cash

0

-1%

net assets

Total assets minus all liabilities

gardner aerospace - derby limited company details

company number

03563546

Type

Private limited with Share Capital

industry

30300 - Manufacture of air and spacecraft and related machinery

incorporation date

May 1998

age

27

incorporated

UK

ultimate parent company

LIGEANCE AEROSPACE TECHNOLOGY CO. LTD

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

gardner aerospace - ilkeston limited (March 2013)

ilkeston aerospace limited (July 2002)

accountant

-

auditor

-

address

unit 9 victory park, victory road, derby, DE24 8ZF

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

FIELDFISHER

gardner aerospace - derby 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 34 charges/mortgages relating to gardner aerospace - derby limited. Currently there are 1 open charges and 33 have been satisfied in the past.

gardner aerospace - derby 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.

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gardner aerospace - derby limited Companies House Filings - See Documents

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