applied engine technology limited

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applied engine technology limited Company Information

Share APPLIED ENGINE TECHNOLOGY LIMITED

Company Number

03654326

Directors

John Jones

Alireza Veshagh

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Shareholders

john charles jones

jean pierre pirault

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Group Structure

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Industry

Other research and experimental development on natural sciences and engineering

 

Registered Address

30 lesser foxholes, shoreham by sea, sussex, BN43 5NT

Website

-

applied engine technology limited Estimated Valuation

£48.7k

Pomanda estimates the enterprise value of APPLIED ENGINE TECHNOLOGY LIMITED at £48.7k based on a Turnover of £42.6k and 1.14x industry multiple (adjusted for size and gross margin).

applied engine technology limited Estimated Valuation

£0

Pomanda estimates the enterprise value of APPLIED ENGINE TECHNOLOGY LIMITED at £0 based on an EBITDA of £-3.5k and a 5.42x industry multiple (adjusted for size and gross margin).

applied engine technology limited Estimated Valuation

£0

Pomanda estimates the enterprise value of APPLIED ENGINE TECHNOLOGY LIMITED at £0 based on Net Assets of £-15.7k and 1.93x industry multiple (adjusted for liquidity).

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Applied Engine Technology Limited Overview

Applied Engine Technology Limited is a live company located in sussex, BN43 5NT with a Companies House number of 03654326. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in October 1998, it's largest shareholder is john charles jones with a 67% stake. Applied Engine Technology Limited is a mature, micro sized company, Pomanda has estimated its turnover at £42.6k with declining growth in recent years.

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Applied Engine Technology Limited Health Check

Pomanda's financial health check has awarded Applied Engine Technology Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £42.6k, make it smaller than the average company (£4.4m)

£42.6k - Applied Engine Technology Limited

£4.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.9%)

-2% - Applied Engine Technology Limited

6.9% - Industry AVG

production

Production

with a gross margin of 49.9%, this company has a comparable cost of product (49.9%)

49.9% - Applied Engine Technology Limited

49.9% - Industry AVG

profitability

Profitability

an operating margin of -9.8% make it less profitable than the average company (3.2%)

-9.8% - Applied Engine Technology Limited

3.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (44)

1 - Applied Engine Technology Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.8k, the company has an equivalent pay structure (£60.8k)

£60.8k - Applied Engine Technology Limited

£60.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £42.6k, this is less efficient (£120.9k)

£42.6k - Applied Engine Technology Limited

£120.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Applied Engine Technology Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 167 days, this is slower than average (41 days)

167 days - Applied Engine Technology Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Applied Engine Technology Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (39 weeks)

11 weeks - Applied Engine Technology Limited

39 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 288.9%, this is a higher level of debt than the average (38%)

288.9% - Applied Engine Technology Limited

38% - Industry AVG

APPLIED ENGINE TECHNOLOGY LIMITED financials

EXPORTms excel logo

Applied Engine Technology Limited's latest turnover from March 2024 is estimated at £42.6 thousand and the company has net assets of -£15.7 thousand. According to their latest financial statements, we estimate that Applied Engine Technology Limited has 1 employee and maintains cash reserves of £2.2 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
Turnover42,57542,81444,57545,42548,11347,72648,86420,81832,46145,55640,82464,2284,630
Other Income Or Grants
Cost Of Sales21,32622,21423,25723,98324,56424,03825,15910,91517,17225,23822,25834,623
Gross Profit21,24920,60021,31821,44223,54923,68723,7059,90215,29020,31818,56629,6054,630
Admin Expenses25,43720,75622,51222,05424,65125,92425,61111,94518,12122,54512,53130,8834883,030426
Operating Profit-4,188-156-1,194-612-1,102-2,237-1,906-2,043-2,831-2,2276,035-1,278-4881,600-426
Interest Payable1,5311,343863684595324
Interest Receivable22327453886857327147159
Pre-Tax Profit-5,497-1,225-2,004-1,288-1,688-2,493-1,849-2,011-2,760-2,1806,051-1,269-4881,600-426
Tax-1,392
Profit After Tax-5,497-1,225-2,004-1,288-1,688-2,493-1,849-2,011-2,760-2,1804,659-1,269-4881,600-426
Dividends Paid
Retained Profit-5,497-1,225-2,004-1,288-1,688-2,493-1,849-2,011-2,760-2,1804,659-1,269-4881,600-426
Employee Costs60,80258,29158,22657,96156,00054,25153,51350,67349,32947,91445,52346,20045,25945,36145,111
Number Of Employees111111111111111
EBITDA*-3,487579-408148-52-1,187-1,012-1,045-1,651-8057,781432-4881,600-426

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,5921,6151,9001,7586001,2001,6402,1882,9183,8903,7771,0501,399412
Intangible Assets4,3004,7505,2005,6506,1006,5507,0007,4547,9048,3548,8049,2549,7049,7039,703
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5,8926,3657,1007,4086,1007,1508,2009,09410,09211,27212,69413,03110,75411,10210,115
Stock & work in progress
Trade Debtors1112091314,0617,000
Group Debtors
Misc Debtors20319616147229113
Cash2,2406,2446,6597,5187,9228,5759,56313,38012,31116,2212,6253,4971327845,172
misc current assets
total current assets2,4436,4406,8207,9907,9518,6889,56313,49112,52016,3526,68610,4971327845,172
total assets8,33512,80513,92015,39814,05115,83817,76322,58522,61227,62419,38023,52810,88611,88615,287
Bank overdraft
Bank loan
Trade Creditors 9,7789,6789,6789,6789,6789,6789,97812,95120,30022,55212,12815,9352,024
Group/Directors Accounts420
other short term finances
hp & lease commitments
other current liabilities2252252102102106002,1167,537
total current liabilities10,0039,9039,8889,8889,88810,2789,97812,95120,30022,55212,12815,9352,0242,5367,537
loans14,07513,14813,05312,5279,8929,601
hp & lease commitments
Accruals and Deferred Income
other liabilities9,3339,333
provisions
total long term liabilities14,07513,14813,05312,5279,8929,6019,3339,333
total liabilities24,07823,05122,94122,41519,78019,87919,31122,28420,30022,55212,12815,9352,0242,5367,537
net assets-15,743-10,246-9,021-7,017-5,729-4,041-1,5483012,3125,0727,2527,5938,8629,3507,750
total shareholders funds-15,743-10,246-9,021-7,017-5,729-4,041-1,5483012,3125,0727,2527,5938,8629,3507,750
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-4,188-156-1,194-612-1,102-2,237-1,906-2,043-2,831-2,2276,035-1,278-4881,600-426
Depreciation2512853363106006004405487309721,2961,260
Amortisation450450450450450450454450450450450450
Tax-1,392
Stock
Debtors735-311443-84113-111-9878-3,930-2,9397,000
Creditors100-300-2,973-7,349-2,25210,424-3,80713,9112,024
Accruals and Deferred Income15-390600-2,116-5,4217,537
Deferred Taxes & Provisions
Cash flow from operations-3,394559-97-295-358-1,000-3,874-8,296-3,98113,5495,5217,343-580-3,8217,111
Investing Activities
capital expenditure-228-478-2,068-1,409-3,987348-987-10,115
Change in Investments
cash flow from investments-228-478-2,068-1,409-3,987348-987-10,115
Financing Activities
Bank loans
Group/Directors Accounts-420420
Other Short Term Loans
Long term loans927955262,6352919,601
Hire Purchase and Lease Commitments
other long term liabilities-9,3339,333
share issue-5,0008,176
interest-1,308-1,069-810-676-587-25657327147159
cash flow from financing-381-974-2841,959-29612579,3657147-4,9859-4204208,176
cash and cash equivalents
cash-4,004-415-859-404-653-988-3,8171,069-3,91013,596-8723,365-652-4,3885,172
overdraft
change in cash-4,004-415-859-404-653-988-3,8171,069-3,91013,596-8723,365-652-4,3885,172

applied engine technology limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Applied Engine Technology Limited Competitor Analysis

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Perform a competitor analysis for applied engine technology limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BN43 area or any other competitors across 12 key performance metrics.

applied engine technology limited Ownership

APPLIED ENGINE TECHNOLOGY LIMITED group structure

Applied Engine Technology Limited has no subsidiary companies.

Ultimate parent company

APPLIED ENGINE TECHNOLOGY LIMITED

03654326

APPLIED ENGINE TECHNOLOGY LIMITED Shareholders

john charles jones 66.96%
jean pierre pirault 16.3%
bahar veshagh 15.86%
b.d. veshagh 0.44%
j.p. pirault 0.44%

applied engine technology limited directors

Applied Engine Technology Limited currently has 3 directors. The longest serving directors include Mr John Jones (Nov 1998) and Dr Alireza Veshagh (Nov 2016).

officercountryagestartendrole
Mr John JonesUnited Kingdom74 years Nov 1998- Director
Dr Alireza Veshagh72 years Nov 2016- Director
Mr Jean-Pierre Pirault78 years Nov 2016- Director

P&L

March 2024

turnover

42.6k

-1%

operating profit

-4.2k

0%

gross margin

50%

+3.73%

turnover

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

Balance Sheet

March 2024

net assets

-15.7k

+0.54%

total assets

8.3k

-0.35%

cash

2.2k

-0.64%

net assets

Total assets minus all liabilities

applied engine technology limited company details

company number

03654326

Type

Private limited with Share Capital

industry

72190 - Other research and experimental development on natural sciences and engineering

incorporation date

October 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

30 lesser foxholes, shoreham by sea, sussex, BN43 5NT

Bank

-

Legal Advisor

-

applied engine technology 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 applied engine technology limited.

applied engine technology 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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applied engine technology limited Companies House Filings - See Documents

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