advanced actuators limited

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advanced actuators limited Company Information

Share ADVANCED ACTUATORS LIMITED

Company Number

03847220

Shareholders

sclw limited

Group Structure

View All

Industry

Manufacture of electrical and electronic equipment for motor vehicles

 

Registered Address

unit 4 ryefield way, silsden, west yorkshire, BD20 0EF

advanced actuators limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of ADVANCED ACTUATORS LIMITED at £1.4m based on a Turnover of £6.2m and 0.23x industry multiple (adjusted for size and gross margin).

advanced actuators limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of ADVANCED ACTUATORS LIMITED at £1.8m based on an EBITDA of £765.6k and a 2.32x industry multiple (adjusted for size and gross margin).

advanced actuators limited Estimated Valuation

£5.4m

Pomanda estimates the enterprise value of ADVANCED ACTUATORS LIMITED at £5.4m based on Net Assets of £3.1m and 1.74x industry multiple (adjusted for liquidity).

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Advanced Actuators Limited Overview

Advanced Actuators Limited is a live company located in west yorkshire, BD20 0EF with a Companies House number of 03847220. It operates in the manufacture of electrical and electronic equipment for motor vehicles and their engines sector, SIC Code 29310. Founded in September 1999, it's largest shareholder is sclw limited with a 100% stake. Advanced Actuators Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.2m with high growth in recent years.

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Advanced Actuators Limited Health Check

Pomanda's financial health check has awarded Advanced Actuators Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £6.2m, make it smaller than the average company (£16.4m)

£6.2m - Advanced Actuators Limited

£16.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (11.3%)

23% - Advanced Actuators Limited

11.3% - Industry AVG

production

Production

with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)

28.6% - Advanced Actuators Limited

28.6% - Industry AVG

profitability

Profitability

an operating margin of 11.8% make it more profitable than the average company (5.9%)

11.8% - Advanced Actuators Limited

5.9% - Industry AVG

employees

Employees

with 27 employees, this is below the industry average (101)

27 - Advanced Actuators Limited

101 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)

£45.9k - Advanced Actuators Limited

£45.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £230k, this is more efficient (£163.5k)

£230k - Advanced Actuators Limited

£163.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 80 days, this is later than average (40 days)

80 days - Advanced Actuators Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (39 days)

57 days - Advanced Actuators Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 42 days, this is less than average (88 days)

42 days - Advanced Actuators Limited

88 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (11 weeks)

18 weeks - Advanced Actuators Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.2%, this is a lower level of debt than the average (39.4%)

23.2% - Advanced Actuators Limited

39.4% - Industry AVG

ADVANCED ACTUATORS LIMITED financials

EXPORTms excel logo

Advanced Actuators Limited's latest turnover from March 2024 is estimated at £6.2 million and the company has net assets of £3.1 million. According to their latest financial statements, Advanced Actuators Limited has 27 employees and maintains cash reserves of £316.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Sep 2011Sep 2010Sep 2009
Turnover6,209,4485,057,7622,610,6833,340,6726,415,9675,157,0634,617,4863,274,9313,152,9906,703,3236,410,4426,338,5992,211,6362,432,300
Other Income Or Grants
Cost Of Sales4,432,6263,872,1791,951,6872,621,8895,271,3463,894,7703,550,2962,488,2152,580,0005,297,0724,918,0194,999,2921,723,0651,883,893
Gross Profit1,776,8221,185,583658,995718,7821,144,6211,262,2931,067,189786,717572,9901,406,2521,492,4231,339,306488,572548,407
Admin Expenses1,046,689723,781789,362378,771452,984818,988959,678937,897565,613560,7661,470,540768,642562,168693,530-882,137
Operating Profit730,133461,802-130,367340,011691,637443,305107,511-151,1807,377845,48621,883570,664-73,596-145,123882,137
Interest Payable
Interest Receivable18,40516,2182,7276266971,8825496561,3161,2221,154458393295198
Pre-Tax Profit748,539478,020-127,640340,637692,335445,186108,060-150,5248,694846,70923,038571,122-73,203-144,828882,335
Tax-187,135-90,824-64,721-131,544-84,585-20,531-1,739-177,809-5,299-137,069-247,054
Profit After Tax561,404387,196-127,640275,916560,791360,60187,529-150,5246,955668,90017,739434,053-73,203-144,828635,281
Dividends Paid
Retained Profit561,404387,196-127,640275,916560,791360,60187,529-150,5246,955668,90017,739434,053-73,203-144,828635,281
Employee Costs1,240,1481,024,239789,142911,550975,459849,455832,014867,956783,4121,472,0321,284,5821,166,429334,490547,531
Number Of Employees2725202324232223234746431321
EBITDA*765,605485,505-116,855349,677701,010454,706120,644-136,12822,856854,78433,034587,802-55,908-125,921907,577

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Sep 2011Sep 2010Sep 2009
Tangible Assets164,727126,603102,67965,09242,58851,96162,10062,22677,27832,69531,76739,96744,80960,66458,304
Intangible Assets
Investments & Other158,00058,00058,00058,00058,00058,00058,00058,00058,000
Debtors (Due After 1 year)16,46260,016
Total Fixed Assets181,190244,619160,679123,092100,588109,961120,100120,226135,27890,69531,76739,96744,80960,66458,304
Stock & work in progress519,848313,060209,565280,073450,205438,104138,343375,280231,750138,216290,175350,841165,005352,461149,989
Trade Debtors1,362,4281,031,397397,707643,0011,076,8491,001,7671,122,344582,752686,1011,517,3391,170,579947,381447,920478,006832,697
Group Debtors1,496,6981,497,8101,534,1881,556,416118,797186,630166,304167,320167,782
Misc Debtors135,160117,71371,35461,164128,771270,346232,267108,27977,39772870,728
Cash316,682384,474378,705348,374903,214491,28810,454209,214315,890210,704278,278183,397118,27838,80879,229
misc current assets
total current assets3,830,8163,344,4542,591,5192,889,0282,677,8362,388,1351,669,7121,442,8451,478,9201,866,2591,739,0321,481,619731,203870,0031,132,643
total assets4,012,0063,589,0732,752,1983,012,1202,778,4242,498,0961,789,8121,563,0711,614,1981,956,9541,770,7991,521,586776,012930,6671,190,947
Bank overdraft
Bank loan
Trade Creditors 693,553779,094438,789601,404675,807735,015535,321540,715386,553832,3121,315,9071,083,633354,662433,114550,166
Group/Directors Accounts10025,89813,246100100100100
other short term finances
hp & lease commitments
other current liabilities176,256195,45992,93587,977110,373330,628181,43935,13389,898
total current liabilities869,9091,000,451544,970689,481786,2801,065,743716,860575,848476,451832,3121,315,9071,083,633354,662433,114550,166
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities19,64637,28154,91450,000
provisions39,43129,72517,89410,5796,0007,0008,20010,00010,0003,8503,0003,8004,0007,0005,400
total long term liabilities59,07767,00672,80860,5796,0007,0008,20010,00010,0003,8503,0003,8004,0007,0005,400
total liabilities928,9861,067,457617,778750,060792,2801,072,743725,060585,848486,451836,1621,318,9071,087,433358,662440,114555,566
net assets3,083,0202,521,6162,134,4202,262,0601,986,1441,425,3531,064,752977,2231,127,7471,120,792451,892434,153417,350490,553635,381
total shareholders funds3,083,0202,521,6162,134,4202,262,0601,986,1441,425,3531,064,752977,2231,127,7471,120,792451,892434,153417,350490,553635,381
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit730,133461,802-130,367340,011691,637443,305107,511-151,1807,377845,48621,883570,664-73,596-145,123882,137
Depreciation35,47223,70313,5129,6669,37311,40113,13315,05215,4799,29811,15117,13817,68819,20225,440
Amortisation
Tax-187,135-90,824-64,721-131,544-84,585-20,531-1,739-177,809-5,299-137,069-247,054
Stock206,788103,495-70,508-170,13212,101299,761-236,937143,53093,534-151,959-60,666350,841-187,456202,472149,989
Debtors303,812703,687-257,332936,164-134,326-62,172662,564-72,929-586,059346,760223,198947,381-30,814-424,691903,425
Creditors-85,541340,305-162,615-74,403-59,208199,694-5,394154,162-445,759-483,595232,2741,083,633-78,452-117,052550,166
Accruals and Deferred Income-19,203102,5244,958-22,396-220,255149,189146,306-54,76589,898
Deferred Taxes & Provisions9,70611,8317,3154,579-1,000-1,200-1,8006,150850-8003,800-3,0001,6005,400
Cash flow from operations-27,16842,15960,643-573,296411,228480,215-186,402-107,332163,931-57196,677239,94480,910-19,154162,675
Investing Activities
capital expenditure-73,596-47,627-51,099-32,170-1,262-13,007-60,062-10,226-2,951-57,105-1,833-21,562-83,744
Change in Investments-57,99958,000
cash flow from investments-15,597-47,627-51,099-32,170-1,262-13,007-60,062-68,226-2,951-57,105-1,833-21,562-83,744
Financing Activities
Bank loans
Group/Directors Accounts-25,79812,65213,146100
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-17,635-17,6334,91450,000
share issue100100
interest18,40516,2182,7276266971,8825496561,3161,2221,154458393295198
cash flow from financing-25,02811,23720,78750,6266971,8826496561,3161,2221,154558393295298
cash and cash equivalents
cash-67,7925,76930,331-554,840411,926480,834-198,760-106,676105,186-67,57494,881183,39779,470-40,42179,229
overdraft
change in cash-67,7925,76930,331-554,840411,926480,834-198,760-106,676105,186-67,57494,881183,39779,470-40,42179,229

advanced actuators 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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Advanced Actuators Limited Competitor Analysis

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Perform a competitor analysis for advanced actuators limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BD20 area or any other competitors across 12 key performance metrics.

advanced actuators limited Ownership

ADVANCED ACTUATORS LIMITED group structure

Advanced Actuators Limited has no subsidiary companies.

Ultimate parent company

2 parents

ADVANCED ACTUATORS LIMITED

03847220

ADVANCED ACTUATORS LIMITED Shareholders

sclw limited 100%

advanced actuators limited directors

Advanced Actuators Limited currently has 2 directors. The longest serving directors include Mr Christopher Woodhead (Sep 1999) and Lee Peace (Aug 2021).

officercountryagestartendrole
Mr Christopher WoodheadUnited Kingdom66 years Sep 1999- Director
Lee PeaceUnited Kingdom53 years Aug 2021- Director

P&L

March 2024

turnover

6.2m

+23%

operating profit

730.1k

0%

gross margin

28.7%

+22.07%

turnover

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

Balance Sheet

March 2024

net assets

3.1m

+0.22%

total assets

4m

+0.12%

cash

316.7k

-0.18%

net assets

Total assets minus all liabilities

advanced actuators limited company details

company number

03847220

Type

Private limited with Share Capital

industry

29310 - Manufacture of electrical and electronic equipment for motor vehicles

incorporation date

September 1999

age

26

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

March 2024

previous names

advanced component technology limited (December 2010)

accountant

AZETS AUDIT SERVICES

auditor

-

address

unit 4 ryefield way, silsden, west yorkshire, BD20 0EF

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

advanced actuators 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 2 charges/mortgages relating to advanced actuators limited. Currently there are 2 open charges and 0 have been satisfied in the past.

advanced actuators 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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advanced actuators limited Companies House Filings - See Documents

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