east kirkby engineering co limitedEstimated Valuation
£3.3m
Pomanda estimates the enterprise value of EAST KIRKBY ENGINEERING CO LIMITED at £3.3m based on a Turnover of £6m and 0.55x industry multiple (adjusted for size and gross margin).
east kirkby engineering co limitedEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of EAST KIRKBY ENGINEERING CO LIMITED at £2.1m based on an EBITDA of £420.9k and a 4.98x industry multiple (adjusted for size and gross margin).
east kirkby engineering co limitedEstimated Valuation
£4.6m
Pomanda estimates the enterprise value of EAST KIRKBY ENGINEERING CO LIMITED at £4.6m based on Net Assets of £1.9m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
East Kirkby Engineering Co LimitedOverview
East Kirkby Engineering Co Limited is a live company located in boston, PE21 7NX with a Companies House number of 04125935. It operates in the installation of industrial machinery and equipment sector, SIC Code 33200. Founded in December 2000, it's largest shareholder is
turnstone property management ltd
with a 99% stake. East Kirkby Engineering Co Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£6m with
declining
growth in recent years.
Pomanda's financial health check has awarded East Kirkby Engineering Co Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £6m, make it smaller than the average company (£9.5m)
£6m - East Kirkby Engineering Co Limited
£9.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.3%)
-13% - East Kirkby Engineering Co Limited
4.3% - Industry AVG
Production
with a gross margin of 28%, this company has a comparable cost of product (28%)
28% - East Kirkby Engineering Co Limited
28% - Industry AVG
Profitability
an operating margin of 6.5% make it more profitable than the average company (4.1%)
6.5% - East Kirkby Engineering Co Limited
4.1% - Industry AVG
Employees
with 31 employees, this is similar to the industry average (30)
31 - East Kirkby Engineering Co Limited
30 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
£51.6k - East Kirkby Engineering Co Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £193.6k, this is equally as efficient (£204.4k)
£193.6k - East Kirkby Engineering Co Limited
£204.4k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (66 days)
92 days - East Kirkby Engineering Co Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (43 days)
65 days - East Kirkby Engineering Co Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (45 days)
11 days - East Kirkby Engineering Co Limited
45 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 32 weeks, this is more cash available to meet short term requirements (10 weeks)
32 weeks - East Kirkby Engineering Co Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48%, this is a lower level of debt than the average (61.9%)
48% - East Kirkby Engineering Co Limited
61.9% - Industry AVG
EAST KIRKBY ENGINEERING CO LIMITED financials
EXPORT
East Kirkby Engineering Co Limited's latest turnover from September 2023 is estimated at £6 million and the company has net assets of £1.9 million. According to their latest financial statements, East Kirkby Engineering Co Limited has 31 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
6,001,912
8,790,351
7,306,047
8,973,709
12,372,786
7,020,351
8,779,336
5,215,525
5,118,887
4,670,903
4,399,583
3,240,250
5,844,339
3,040,272
Other Income Or Grants
Cost Of Sales
4,324,499
6,298,213
5,218,758
6,443,144
8,709,995
4,762,618
5,942,188
3,516,621
3,478,731
3,276,297
3,117,468
2,275,330
3,961,841
1,999,136
Gross Profit
1,677,414
2,492,138
2,087,290
2,530,565
3,662,791
2,257,733
2,837,148
1,698,905
1,640,156
1,394,605
1,282,115
964,920
1,882,498
1,041,136
Admin Expenses
1,285,509
2,079,732
1,421,852
2,670,139
3,575,466
2,105,407
2,770,511
1,534,519
1,408,668
1,321,005
1,268,755
910,638
1,877,503
770,647
Operating Profit
391,905
412,406
665,438
-139,574
87,325
152,326
66,637
164,386
231,488
73,600
13,360
54,282
4,995
270,489
Interest Payable
5,751
4,253
1,126
1,126
Interest Receivable
40,867
12,557
596
269
1,821
1,510
229
520
364
1
1
2
2
1
Pre-Tax Profit
432,772
419,211
661,781
-139,305
89,146
153,836
66,866
164,905
231,852
73,601
13,362
54,284
3,871
269,364
Tax
-108,193
-79,650
-125,738
-16,938
-29,229
-13,373
-32,981
-48,689
-16,928
-3,207
-14,114
-1,084
-75,422
Profit After Tax
324,579
339,561
536,043
-139,305
72,208
124,607
53,493
131,924
183,163
56,673
10,155
40,170
2,787
193,942
Dividends Paid
Retained Profit
324,579
339,561
536,043
-139,305
72,208
124,607
53,493
131,924
183,163
56,673
10,155
40,170
2,787
193,942
Employee Costs
1,600,977
1,344,768
1,403,534
1,441,430
1,406,504
1,638,389
2,053,120
1,245,460
1,065,943
971,377
871,100
695,883
1,227,778
742,188
Number Of Employees
31
27
29
31
31
39
49
29
25
23
21
17
32
19
EBITDA*
420,850
438,108
680,701
-122,818
110,155
166,179
81,927
180,603
244,575
85,654
28,405
72,237
24,149
285,817
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
117,649
118,289
70,767
50,267
71,971
53,763
45,865
48,651
39,259
36,162
42,431
53,302
52,879
67,850
Intangible Assets
Investments & Other
200,000
200,000
200,000
200,000
200,000
Debtors (Due After 1 year)
Total Fixed Assets
317,649
318,289
270,767
250,267
271,971
53,763
45,865
48,651
39,259
36,162
42,431
53,302
52,879
67,850
Stock & work in progress
139,888
128,808
149,085
57,001
309,975
324,043
309,308
250,919
239,122
101,612
102,191
73,147
119,706
67,237
Trade Debtors
1,528,933
2,168,483
1,580,950
1,918,604
3,236,406
1,420,093
1,765,473
1,083,192
958,914
913,863
853,532
684,802
1,195,293
680,993
Group Debtors
363,512
450,812
376,894
Misc Debtors
262,451
235,102
611,910
31,488
Cash
1,097,517
459,318
656,840
535,193
2,392
483,166
120,651
62,504
145,296
465
4
544
190
500
misc current assets
total current assets
3,392,301
3,442,523
3,375,679
2,510,798
3,548,773
2,227,302
2,195,432
1,396,615
1,343,332
1,015,940
955,727
758,493
1,315,189
780,218
total assets
3,709,950
3,760,812
3,646,446
2,761,065
3,820,744
2,281,065
2,241,297
1,445,266
1,382,591
1,052,102
998,158
811,795
1,368,068
848,068
Bank overdraft
94,848
34,657
Bank loan
Trade Creditors
778,063
1,507,650
1,387,174
1,892,841
2,780,281
1,449,118
1,564,626
819,588
895,601
748,275
751,004
574,796
1,171,239
585,843
Group/Directors Accounts
14,310
other short term finances
hp & lease commitments
other current liabilities
1,001,787
647,641
853,883
19,216
total current liabilities
1,779,850
2,155,291
2,335,905
1,892,841
2,780,281
1,449,118
1,564,626
819,588
895,601
748,275
751,004
574,796
1,171,239
654,026
loans
44,581
hp & lease commitments
Accruals and Deferred Income
other liabilities
138,307
171,241
34,933
4,264
6,764
provisions
total long term liabilities
44,581
138,307
171,241
34,933
4,264
6,764
total liabilities
1,779,850
2,155,291
2,380,486
2,031,148
2,951,522
1,484,051
1,568,890
826,352
895,601
748,275
751,004
574,796
1,171,239
654,026
net assets
1,930,100
1,605,521
1,265,960
729,917
869,222
797,014
672,407
618,914
486,990
303,827
247,154
236,999
196,829
194,042
total shareholders funds
1,930,100
1,605,521
1,265,960
729,917
869,222
797,014
672,407
618,914
486,990
303,827
247,154
236,999
196,829
194,042
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
391,905
412,406
665,438
-139,574
87,325
152,326
66,637
164,386
231,488
73,600
13,360
54,282
4,995
270,489
Depreciation
28,945
25,702
15,263
16,756
22,830
13,853
15,290
16,217
13,087
12,054
15,045
17,955
19,154
15,328
Amortisation
Tax
-108,193
-79,650
-125,738
-16,938
-29,229
-13,373
-32,981
-48,689
-16,928
-3,207
-14,114
-1,084
-75,422
Stock
11,080
-20,277
92,084
-252,974
-14,068
14,735
58,389
11,797
137,510
-579
29,044
-46,559
52,469
67,237
Debtors
-699,501
284,643
651,150
-1,317,802
1,816,313
-345,380
682,281
124,278
45,051
60,331
168,730
-510,491
482,812
712,481
Creditors
-729,587
120,476
-505,667
-887,440
1,331,163
-115,508
745,038
-76,013
147,326
-2,729
176,208
-596,443
585,396
585,843
Accruals and Deferred Income
354,146
-206,242
853,883
-19,216
19,216
Deferred Taxes & Provisions
Cash flow from operations
625,637
8,326
159,945
560,518
-377,865
352,087
72,922
-64,466
160,651
6,245
3,632
18,730
53,964
35,736
Investing Activities
capital expenditure
-28,305
-73,224
-35,763
4,948
-41,038
-21,751
-12,504
-25,609
-16,184
-5,785
-4,174
-18,378
-4,183
-83,178
Change in Investments
200,000
cash flow from investments
-28,305
-73,224
-35,763
4,948
-241,038
-21,751
-12,504
-25,609
-16,184
-5,785
-4,174
-18,378
-4,183
-83,178
Financing Activities
Bank loans
Group/Directors Accounts
-14,310
14,310
Other Short Term Loans
Long term loans
-44,581
44,581
Hire Purchase and Lease Commitments
other long term liabilities
-138,307
-32,934
136,308
30,669
-2,500
6,764
share issue
100
interest
40,867
6,806
-3,657
269
1,821
1,510
229
520
364
1
1
2
-1,124
-1,125
cash flow from financing
40,867
-37,775
-97,383
-32,665
138,129
32,179
-2,271
7,284
364
1
1
2
-15,434
13,285
cash and cash equivalents
cash
638,199
-197,522
121,647
532,801
-480,774
362,515
58,147
-82,792
144,831
461
-540
354
-310
500
overdraft
-94,848
94,848
-34,657
34,657
change in cash
638,199
-102,674
26,799
532,801
-480,774
362,515
58,147
-82,792
144,831
461
-540
354
34,347
-34,157
east kirkby engineering co limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for east kirkby engineering co limited. Get real-time insights into east kirkby engineering co limited's credit score, group structure and payment trends.
East Kirkby Engineering Co Limited Competitor Analysis
Perform a competitor analysis for east kirkby engineering co limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in PE21 area or any other competitors across 12 key performance metrics.
east kirkby engineering co limited Ownership
EAST KIRKBY ENGINEERING CO LIMITED group structure
East Kirkby Engineering Co Limited has 3 subsidiary companies.
The largest shareholders in East Kirkby Engineering Co Limited include Turnstone Property Management Ltd and Mr J.N. Gorensweigh.
turnstone property management ltd
99%
mr j.n. gorensweigh
1%
east kirkby engineering co limited directors
East Kirkby Engineering Co Limited currently has 2 directors.
The longest serving directors include
Mr John Gorensweigh (Dec 2000) and
Mr Simon Foster (Apr 2008).
east kirkby engineering co 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 5 charges/mortgages relating to east kirkby engineering co limited. Currently there are 1 open charges and 4 have been satisfied in the past.
east kirkby engineering co 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.
Click to start generating capital raising & share issue transactions for EAST KIRKBY ENGINEERING CO LIMITED. This can take several minutes, an email will notify you when this has completed.
east kirkby engineering co limitedCompanies House Filings - See Documents
