Pomanda estimates the enterprise value of FUELTEK LIMITED at £1.9m based on a Turnover of £3.2m and 0.58x industry multiple (adjusted for size and gross margin).
fueltek limitedEstimated Valuation
£1m
Pomanda estimates the enterprise value of FUELTEK LIMITED at £1m based on an EBITDA of £237.1k and a 4.31x industry multiple (adjusted for size and gross margin).
fueltek limitedEstimated Valuation
£7.9m
Pomanda estimates the enterprise value of FUELTEK LIMITED at £7.9m based on Net Assets of £3.6m and 2.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fueltek LimitedOverview
Fueltek Limited is a live company located in blackburn, BB1 2JT with a Companies House number of 04154972. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in February 2001, it's largest shareholder is
fueltek employee-ownership trustee limited
with a 80% stake. Fueltek Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Fueltek Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
2 Strong
6 Regular
4 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£13.3m)
£3.2m - Fueltek Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.4%)
8% - Fueltek Limited
9.4% - Industry AVG
Production
with a gross margin of 32.1%, this company has a comparable cost of product (32.1%)
32.1% - Fueltek Limited
32.1% - Industry AVG
Profitability
an operating margin of 7% make it as profitable than the average company (7%)
7% - Fueltek Limited
7% - Industry AVG
Employees
with 31 employees, this is below the industry average (73)
31 - Fueltek Limited
73 - Industry AVG
Pay Structure
on an average salary of £52k, the company has an equivalent pay structure (£52k)
£52k - Fueltek Limited
£52k - Industry AVG
Efficiency
resulting in sales per employee of £104.5k, this is less efficient (£185.2k)
£104.5k - Fueltek Limited
£185.2k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (59 days)
65 days - Fueltek Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (42 days)
26 days - Fueltek Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 83 days, this is in line with average (88 days)
83 days - Fueltek Limited
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 193 weeks, this is more cash available to meet short term requirements (14 weeks)
193 weeks - Fueltek Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.7%, this is a lower level of debt than the average (46.9%)
16.7% - Fueltek Limited
46.9% - Industry AVG
FUELTEK LIMITED financials
EXPORT
Fueltek Limited's latest turnover from March 2024 is estimated at £3.2 million and the company has net assets of £3.6 million. According to their latest financial statements, Fueltek Limited has 31 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
3,239,433
3,509,245
3,437,550
2,591,733
2,770,596
2,950,367
2,231,155
1,798,441
1,841,920
1,956,546
1,593,726
2,019,426
1,351,964
1,028,397
1,127,732
Other Income Or Grants
Cost Of Sales
2,200,234
2,437,026
2,344,706
1,832,600
1,926,008
2,035,322
1,531,828
1,196,142
1,240,321
1,341,431
1,069,206
1,349,300
912,525
680,662
739,594
Gross Profit
1,039,199
1,072,219
1,092,844
759,133
844,588
915,044
699,326
602,299
601,599
615,114
524,520
670,125
439,439
347,735
388,138
Admin Expenses
810,831
172,449
434,423
618,248
681,452
719,687
435,421
471,764
442,216
497,206
355,937
480,562
256,915
152,555
-301,962
Operating Profit
228,368
899,770
658,421
140,885
163,136
195,357
263,905
130,535
159,383
117,908
168,583
189,563
182,524
195,180
690,100
Interest Payable
2,671
5,933
7,097
8,505
9,943
5,273
Interest Receivable
126,444
74,126
6,985
1,144
7,202
6,577
3,950
1,665
3,287
3,351
3,263
2,776
1,993
1,494
640
Pre-Tax Profit
354,812
973,896
665,406
142,028
170,338
201,933
267,854
132,200
162,670
118,587
165,913
185,242
176,012
186,731
685,467
Tax
-88,703
-185,040
-126,427
-26,985
-32,364
-38,367
-50,892
-26,440
-32,534
-24,903
-38,160
-44,458
-45,763
-52,285
-191,931
Profit After Tax
266,109
788,856
538,979
115,043
137,974
163,566
216,962
105,760
130,136
93,684
127,753
140,784
130,249
134,446
493,536
Dividends Paid
Retained Profit
266,109
788,856
538,979
115,043
137,974
163,566
216,962
105,760
130,136
93,684
127,753
140,784
130,249
134,446
493,536
Employee Costs
1,610,729
1,360,522
1,261,714
1,221,341
1,127,632
1,019,781
919,765
819,993
733,132
534,202
403,543
507,912
336,898
289,811
292,467
Number Of Employees
31
28
27
27
25
23
21
20
18
13
10
13
9
8
8
EBITDA*
237,132
910,091
674,287
159,519
163,610
219,911
281,140
142,577
171,780
125,538
175,712
202,544
196,670
210,557
699,360
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
204,611
214,844
228,094
251,148
256,993
277,168
288,457
251,912
250,205
248,376
242,389
248,325
261,306
275,323
266,135
Intangible Assets
Investments & Other
146,679
134,164
123,593
121,708
124,363
121,702
97,271
Debtors (Due After 1 year)
Total Fixed Assets
204,611
214,844
374,773
385,312
380,586
398,876
412,820
373,614
347,476
248,376
242,389
248,325
261,306
275,323
266,135
Stock & work in progress
503,772
505,123
519,330
356,759
324,518
350,415
336,179
207,557
186,377
200,802
192,923
188,008
164,770
147,605
124,580
Trade Debtors
578,065
829,886
754,135
467,453
541,998
687,976
379,750
322,101
407,160
405,670
360,555
402,415
293,207
234,390
237,423
Group Debtors
Misc Debtors
359,587
352,068
301,683
145,441
135,078
146,018
111,425
114,830
32,965
Cash
2,656,459
2,160,442
1,545,864
1,248,072
1,039,477
881,130
872,605
707,201
624,763
690,138
650,114
654,887
455,468
341,668
255,810
misc current assets
total current assets
4,097,883
3,847,519
3,121,012
2,217,725
2,041,071
2,065,539
1,699,959
1,351,689
1,251,265
1,296,610
1,203,592
1,245,310
913,445
723,663
617,813
total assets
4,302,494
4,062,363
3,495,785
2,603,037
2,421,657
2,464,415
2,112,779
1,725,303
1,598,741
1,544,986
1,445,981
1,493,635
1,174,751
998,986
883,948
Bank overdraft
9,167
Bank loan
Trade Creditors
158,900
223,342
427,596
204,031
232,030
299,855
262,943
145,524
132,983
420,888
335,605
492,724
295,426
222,779
225,381
Group/Directors Accounts
12
other short term finances
hp & lease commitments
other current liabilities
555,846
517,137
525,006
393,613
300,739
410,725
256,662
212,349
210,160
total current liabilities
714,746
740,479
952,602
597,644
532,769
710,580
519,605
357,873
343,155
420,888
335,605
492,724
295,426
222,779
234,548
loans
82,186
100,365
118,001
143,695
153,073
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
3,661
3,906
14,061
15,250
13,788
16,709
19,614
10,832
4,748
3,396
1,172
1,281
2,843
4,280
2,541
total long term liabilities
3,661
3,906
14,061
15,250
13,788
16,709
19,614
10,832
4,748
3,396
83,358
101,646
120,844
147,975
155,614
total liabilities
718,407
744,385
966,663
612,894
546,557
727,289
539,219
368,705
347,903
424,284
418,963
594,370
416,270
370,754
390,162
net assets
3,584,087
3,317,978
2,529,122
1,990,143
1,875,100
1,737,126
1,573,560
1,356,598
1,250,838
1,120,702
1,027,018
899,265
758,481
628,232
493,786
total shareholders funds
3,584,087
3,317,978
2,529,122
1,990,143
1,875,100
1,737,126
1,573,560
1,356,598
1,250,838
1,120,702
1,027,018
899,265
758,481
628,232
493,786
Mar 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
228,368
899,770
658,421
140,885
163,136
195,357
263,905
130,535
159,383
117,908
168,583
189,563
182,524
195,180
690,100
Depreciation
8,764
10,321
15,866
18,634
474
24,554
17,235
12,042
12,397
7,630
7,129
12,981
14,146
15,377
9,260
Amortisation
Tax
-88,703
-185,040
-126,427
-26,985
-32,364
-38,367
-50,892
-26,440
-32,534
-24,903
-38,160
-44,458
-45,763
-52,285
-191,931
Stock
-1,351
-14,207
162,571
32,241
-25,897
14,236
128,622
21,180
-14,425
7,879
4,915
23,238
17,165
23,025
124,580
Debtors
-244,302
126,136
442,924
-64,182
-156,918
342,819
54,244
-3,194
34,455
45,115
-41,860
109,208
58,817
-3,033
237,423
Creditors
-64,442
-204,254
223,565
-27,999
-67,825
36,912
117,419
12,541
-287,905
85,283
-157,119
197,298
72,647
-2,602
225,381
Accruals and Deferred Income
38,709
-7,869
131,393
92,874
-109,986
154,063
44,313
2,189
210,160
Deferred Taxes & Provisions
-245
-10,155
-1,189
1,462
-2,921
-2,905
8,782
6,084
1,352
2,224
-109
-1,562
-1,437
1,739
2,541
Cash flow from operations
368,104
390,844
296,134
230,812
133,329
12,559
217,896
118,965
42,823
135,148
17,269
221,376
146,135
137,417
373,348
Investing Activities
capital expenditure
1,469
2,929
7,188
-12,789
19,701
-13,265
-53,780
-13,749
-14,226
-13,617
-1,193
-129
-24,565
-275,395
Change in Investments
-146,679
12,515
10,571
1,885
-2,655
2,661
24,431
97,271
cash flow from investments
1,469
149,608
-5,327
-23,360
17,816
-10,610
-56,441
-38,180
-111,497
-13,617
-1,193
-129
-24,565
-275,395
Financing Activities
Bank loans
Group/Directors Accounts
-12
12
Other Short Term Loans
Long term loans
-82,186
-18,179
-17,636
-25,694
-9,378
153,073
Hire Purchase and Lease Commitments
other long term liabilities
share issue
250
interest
126,444
74,126
6,985
1,144
7,202
6,577
3,950
1,665
3,287
680
-2,670
-4,321
-6,512
-8,449
-4,633
cash flow from financing
126,444
74,126
6,985
1,144
7,202
6,577
3,950
1,653
3,299
-81,506
-20,849
-21,957
-32,206
-17,827
148,690
cash and cash equivalents
cash
496,017
614,578
297,792
208,595
158,347
8,525
165,404
82,438
-65,375
40,024
-4,773
199,419
113,800
85,858
255,810
overdraft
-9,167
9,167
change in cash
496,017
614,578
297,792
208,595
158,347
8,525
165,404
82,438
-65,375
40,024
-4,773
199,419
113,800
95,025
246,643
fueltek 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 fueltek limited. Get real-time insights into fueltek limited's credit score, group structure and payment trends.
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fueltek limited Ownership
FUELTEK LIMITED group structure
Fueltek Limited has no subsidiary companies.
Ultimate parent company
FUELTEK LIMITED
04154972
FUELTEK LIMITED Shareholders
The largest shareholders in Fueltek Limited include Fueltek Employee-Ownership Trustee Limited and Mark Pemberton.
fueltek employee-ownership trustee limited
80%
mark pemberton
10%
martin devine
10%
fueltek limited directors
Fueltek Limited currently has 2 directors.
The longest serving directors include
Mr Martin Devine (Oct 2001) and
Mr Mark Pemberton (Oct 2001).
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
February 2001
age
24
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
HOWARD & CO
auditor
-
address
lang court nuttalls way, shadsworth business park, blackburn, lancashire, BB1 2JT
Bank
-
Legal Advisor
-
fueltek 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 fueltek limited.
fueltek 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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fueltek limitedCompanies House Filings - See Documents
