
Company Number
04315838
Next Accounts
Aug 2025
Shareholders
douglas frederick carter
owen blake
View AllGroup Structure
View All
Industry
Manufacture of agricultural and forestry machinery (other than agricultural tractors)
Registered Address
hereward works, station road, ely, cambridgeshire, CB7 4BP
Website
www.standen.co.ukPomanda estimates the enterprise value of STANDEN ENGINEERING LIMITED at £6.4m based on a Turnover of £12m and 0.53x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of STANDEN ENGINEERING LIMITED at £2.6m based on an EBITDA of £631.2k and a 4.17x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of STANDEN ENGINEERING LIMITED at £8.2m based on Net Assets of £4.3m and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Standen Engineering Limited is a live company located in ely, CB7 4BP with a Companies House number of 04315838. It operates in the manufacture of agricultural and forestry machinery other than tractors sector, SIC Code 28302. Founded in November 2001, it's largest shareholder is douglas frederick carter with a 14.8% stake. Standen Engineering Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12m with healthy growth in recent years.
Pomanda's financial health check has awarded Standen Engineering Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
6 Regular
6 Weak
Size
annual sales of £12m, make it smaller than the average company (£16.7m)
£12m - Standen Engineering Limited
£16.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (9%)
7% - Standen Engineering Limited
9% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (25.9%)
23.3% - Standen Engineering Limited
25.9% - Industry AVG
Profitability
an operating margin of 4.3% make it less profitable than the average company (7%)
4.3% - Standen Engineering Limited
7% - Industry AVG
Employees
with 58 employees, this is below the industry average (82)
58 - Standen Engineering Limited
82 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£39.3k)
£43.6k - Standen Engineering Limited
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £207.5k, this is equally as efficient (£198.7k)
£207.5k - Standen Engineering Limited
£198.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (49 days)
39 days - Standen Engineering Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (39 days)
36 days - Standen Engineering Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 185 days, this is more than average (147 days)
185 days - Standen Engineering Limited
147 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - Standen Engineering Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39%, this is a similar level of debt than the average (41.4%)
39% - Standen Engineering Limited
41.4% - Industry AVG
Standen Engineering Limited's latest turnover from November 2023 is £12 million and the company has net assets of £4.3 million. According to their latest financial statements, Standen Engineering Limited has 58 employees and maintains cash reserves of £63.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 12,036,175 | 13,026,359 | 11,155,048 | 9,872,218 | 9,631,835 | 8,119,295 | 8,787,314 | 7,947,200 | 7,318,438 | 9,820,341 | 13,436,556 | 11,116,343 | 11,856,235 | 10,917,516 | 10,129,470 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 9,229,599 | 10,168,830 | 8,440,494 | 6,819,305 | 6,963,344 | 5,699,113 | 6,308,577 | 5,771,109 | 5,241,890 | 7,083,177 | 10,071,667 | 8,486,906 | 8,948,495 | 8,374,263 | 7,842,505 |
Gross Profit | 2,806,576 | 2,857,529 | 2,714,554 | 3,052,913 | 2,668,491 | 2,420,182 | 2,478,737 | 2,176,091 | 2,076,548 | 2,737,164 | 3,364,889 | 2,629,437 | 2,907,740 | 2,543,253 | 2,286,965 |
Admin Expenses | 2,291,915 | 2,184,756 | 2,151,415 | 2,025,175 | 2,174,856 | 2,081,061 | 2,182,768 | 1,933,612 | 2,055,641 | 2,384,324 | 2,610,714 | 2,219,254 | 2,299,579 | 2,215,729 | 1,951,223 |
Operating Profit | 514,661 | 672,773 | 563,139 | 1,027,738 | 493,635 | 339,121 | 295,969 | 242,479 | 20,907 | 352,840 | 754,175 | 410,183 | 608,161 | 327,524 | 335,742 |
Interest Payable | 28,000 | 17,263 | 12,082 | 187,894 | 242,969 | 226,272 | 236,100 | 6,689 | 190,878 | 310,445 | 227,990 | 89,383 | 97,703 | 124,999 | 80,908 |
Interest Receivable | 75 | 24 | 149,100 | 195,800 | 166,300 | 172,100 | 245,800 | 251,500 | 297,700 | 278,500 | 212 | 90 | 52 | ||
Pre-Tax Profit | 447,336 | 651,634 | 529,857 | 886,944 | 386,362 | 100,949 | 223,151 | 167,990 | -55,671 | 349,125 | 673,370 | 324,393 | 514,530 | 206,232 | 254,886 |
Tax | -56,383 | -41,723 | -63,017 | -142,398 | -47,524 | -16,441 | -75,964 | 26,387 | 60,380 | -32,114 | -72,223 | -33,433 | -76,045 | 21,153 | -30,613 |
Profit After Tax | 390,953 | 609,911 | 466,840 | 744,546 | 338,838 | 84,508 | 147,187 | 194,377 | 4,709 | 317,011 | 601,147 | 290,960 | 438,485 | 227,385 | 224,273 |
Dividends Paid | |||||||||||||||
Retained Profit | 390,953 | 609,911 | 466,840 | 744,546 | 338,838 | 84,508 | 147,187 | 194,377 | 4,709 | 317,011 | 601,147 | 290,960 | 438,485 | 227,385 | 224,273 |
Employee Costs | 2,526,050 | 2,753,201 | 2,569,254 | 2,534,233 | 2,557,338 | 2,194,786 | 2,623,009 | 2,660,851 | 2,288,901 | 2,382,445 | 2,226,912 | 2,087,512 | |||
Number Of Employees | 58 | 62 | 63 | 58 | 63 | 65 | 68 | 64 | 68 | 80 | 87 | 87 | 88 | 82 | 80 |
EBITDA* | 631,238 | 776,548 | 653,627 | 1,109,289 | 558,920 | 402,170 | 347,397 | 294,430 | 81,797 | 417,009 | 811,237 | 468,919 | 822,102 | 390,644 | 385,304 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 543,726 | 583,704 | 454,042 | 455,917 | 306,814 | 207,244 | 220,267 | 174,646 | 171,936 | 232,826 | 178,571 | 122,697 | 153,884 | 174,585 | 180,070 |
Intangible Assets | 115,727 | 165,731 | 155,834 | ||||||||||||
Investments & Other | 120,000 | 180,104 | 180,104 | 180,104 | 180,104 | 280,117 | 120,117 | 120,117 | 120,117 | 120,117 | 20,104 | ||||
Debtors (Due After 1 year) | 199,475 | 257,727 | 84,750 | 294,101 | 279,623 | ||||||||||
Total Fixed Assets | 858,928 | 1,007,162 | 538,792 | 750,018 | 706,437 | 387,348 | 400,371 | 354,750 | 352,040 | 512,943 | 298,688 | 242,814 | 274,001 | 450,536 | 200,174 |
Stock & work in progress | 4,698,433 | 5,578,065 | 4,683,685 | 3,937,139 | 3,568,645 | 3,517,134 | 3,583,311 | 3,196,697 | 3,077,402 | 3,267,602 | 3,473,377 | 3,396,905 | 3,705,106 | 3,265,129 | 3,065,273 |
Trade Debtors | 1,310,578 | 484,716 | 390,983 | 509,769 | 560,765 | 635,284 | 899,456 | 826,343 | 1,011,775 | 782,423 | 1,183,953 | 1,099,639 | 813,163 | 985,662 | 542,851 |
Group Debtors | |||||||||||||||
Misc Debtors | 61,636 | 70,903 | 128,298 | 67,630 | 202,024 | 216,975 | 261,093 | 277,839 | 106,572 | 56,204 | 59,251 | 51,940 | 45,020 | 79,659 | 65,652 |
Cash | 63,861 | 389,589 | 353,968 | 664,075 | 173,345 | 6,172 | 29,688 | 51,457 | 7,853 | 406,380 | 549,122 | 259,405 | 197,025 | 180,448 | 193,031 |
misc current assets | |||||||||||||||
total current assets | 6,134,508 | 6,523,273 | 5,556,934 | 5,178,613 | 4,504,779 | 4,375,565 | 4,773,548 | 4,352,336 | 4,203,602 | 4,512,609 | 5,265,703 | 4,807,889 | 4,760,314 | 4,510,898 | 3,866,807 |
total assets | 6,993,436 | 7,530,435 | 6,095,726 | 5,928,631 | 5,211,216 | 4,762,913 | 5,173,919 | 4,707,086 | 4,555,642 | 5,025,552 | 5,564,391 | 5,050,703 | 5,034,315 | 4,961,434 | 4,066,981 |
Bank overdraft | 285,590 | 522,690 | 53,027 | 247,006 | |||||||||||
Bank loan | 50,031 | 46,946 | 55,000 | 60,000 | 60,000 | 60,000 | |||||||||
Trade Creditors | 920,263 | 1,118,651 | 726,513 | 601,113 | 587,236 | 622,390 | 724,548 | 781,787 | 434,308 | 606,530 | 861,608 | 986,633 | 998,789 | 963,884 | 828,376 |
Group/Directors Accounts | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | 20,102 | |||||
other short term finances | 62,928 | ||||||||||||||
hp & lease commitments | 57,242 | 63,122 | 60,072 | 30,707 | 58,264 | 38,885 | 32,219 | 34,816 | 108,523 | 56,530 | 61,253 | 62,302 | 55,292 | 28,285 | 37,005 |
other current liabilities | 622,475 | 957,037 | 800,908 | 817,006 | 653,389 | 348,202 | 383,816 | 549,325 | 468,740 | 840,840 | 1,181,398 | 924,277 | 970,446 | 1,222,717 | 813,509 |
total current liabilities | 1,650,011 | 2,248,684 | 1,587,493 | 1,448,826 | 1,298,889 | 1,315,169 | 1,683,375 | 1,439,057 | 1,278,679 | 1,524,002 | 2,179,361 | 2,053,314 | 2,104,629 | 2,294,988 | 1,698,992 |
loans | 92,130 | 144,207 | 55,000 | 115,000 | 175,000 | ||||||||||
hp & lease commitments | 68,051 | 75,918 | 121,031 | 137,529 | 76,516 | 60,274 | 69,183 | 41,643 | 55,652 | 89,675 | 65,350 | 76,522 | 78,639 | 32,918 | 61,203 |
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 121,720 | 211,605 | 136,267 | 97,530 | 115,689 | 57,709 | 128,608 | 17,975 | 3,389 | 28,825 | 20,563 | 17,029 | 13,272 | ||
total long term liabilities | 1,079,801 | 1,462,630 | 596,298 | 1,782,959 | 1,663,905 | 1,289,362 | 1,777,115 | 1,843,883 | 1,705,572 | 1,614,139 | 1,584,428 | 2,200,667 | 1,658,842 | 1,117,015 | 1,674,225 |
total liabilities | 2,729,812 | 3,711,314 | 2,183,791 | 3,231,785 | 2,962,794 | 2,604,531 | 3,460,490 | 3,282,940 | 2,984,251 | 3,138,141 | 3,763,789 | 4,253,981 | 3,763,471 | 3,412,003 | 3,373,217 |
net assets | 4,263,624 | 3,819,121 | 3,911,935 | 2,696,846 | 2,248,422 | 2,158,382 | 1,713,429 | 1,424,146 | 1,571,391 | 1,887,411 | 1,800,602 | 796,722 | 1,270,844 | 1,549,431 | 693,764 |
total shareholders funds | 4,263,624 | 3,819,121 | 3,911,935 | 2,696,846 | 2,248,422 | 2,158,382 | 1,713,429 | 1,424,146 | 1,571,391 | 1,887,411 | 1,800,602 | 796,722 | 1,270,844 | 1,549,431 | 693,764 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 514,661 | 672,773 | 563,139 | 1,027,738 | 493,635 | 339,121 | 295,969 | 242,479 | 20,907 | 352,840 | 754,175 | 410,183 | 608,161 | 327,524 | 335,742 |
Depreciation | 116,577 | 103,775 | 90,488 | 81,551 | 65,285 | 63,049 | 51,428 | 51,951 | 60,890 | 64,169 | 57,062 | 58,736 | 58,107 | 53,954 | 49,562 |
Amortisation | 155,834 | 9,166 | |||||||||||||
Tax | -56,383 | -41,723 | -63,017 | -142,398 | -47,524 | -16,441 | -75,964 | 26,387 | 60,380 | -32,114 | -72,223 | -33,433 | -76,045 | 21,153 | -30,613 |
Stock | -879,632 | 894,380 | 746,546 | 368,494 | 51,511 | -66,177 | 386,614 | 119,295 | -190,200 | -205,775 | 76,472 | -308,201 | 439,977 | 199,856 | 3,065,273 |
Debtors | 758,343 | 209,315 | -267,469 | -170,912 | 190,153 | -308,290 | 56,367 | -14,165 | 279,720 | -404,577 | 91,625 | 293,396 | -207,138 | 456,818 | 608,503 |
Creditors | -198,388 | 392,138 | 125,400 | 13,877 | -35,154 | -102,158 | -57,239 | 347,479 | -172,222 | -255,078 | -125,025 | -12,156 | 34,905 | 135,508 | 828,376 |
Accruals and Deferred Income | -334,562 | 156,129 | -16,098 | 163,617 | 305,187 | -35,614 | -165,509 | 80,585 | -372,100 | -340,558 | 257,121 | -46,169 | -252,271 | 409,208 | 813,509 |
Deferred Taxes & Provisions | -89,885 | 75,338 | 38,737 | -18,159 | 57,980 | -70,899 | 128,608 | -17,975 | 14,586 | -25,436 | 8,262 | 3,534 | 3,757 | 13,272 | |
Cash flow from operations | 73,309 | 254,735 | 259,572 | 928,644 | 597,745 | 551,525 | -265,688 | 643,751 | -509,640 | 414,197 | 677,577 | 400,228 | 299,386 | 303,596 | -1,663,928 |
Investing Activities | |||||||||||||||
capital expenditure | -114,016 | -110,420 | -26,759 | -37,408 | -313,484 | -79,170 | |||||||||
Change in Investments | -120,000 | -60,104 | -100,013 | 160,000 | 100,013 | 20,104 | |||||||||
cash flow from investments | 120,000 | 60,104 | 100,013 | -274,016 | -110,420 | -26,759 | -37,408 | -413,497 | -99,274 | ||||||
Financing Activities | |||||||||||||||
Bank loans | 3,085 | 46,946 | -55,000 | -5,000 | 60,000 | ||||||||||
Group/Directors Accounts | -20,102 | 20,102 | |||||||||||||
Other Short Term Loans | -62,928 | 62,928 | |||||||||||||
Long term loans | -52,077 | 144,207 | -55,000 | -60,000 | -60,000 | 175,000 | |||||||||
Hire Purchase and Lease Commitments | -13,747 | -42,063 | 12,867 | 33,456 | 35,621 | -2,243 | 24,943 | -87,716 | 17,970 | 19,602 | -12,221 | 4,893 | 72,728 | -37,005 | 98,208 |
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | -27,925 | -17,239 | -12,082 | -38,794 | -47,169 | -59,972 | -64,000 | 239,111 | 60,622 | -12,745 | 50,510 | -89,383 | -97,491 | -124,909 | -80,856 |
cash flow from financing | -100,042 | -507,946 | 749,034 | -301,460 | -280,448 | 298,230 | 103,039 | -190,227 | -242,137 | -278,345 | 381,022 | -909,572 | -801,835 | 701,368 | 506,945 |
cash and cash equivalents | |||||||||||||||
cash | -325,728 | 35,621 | -310,107 | 490,730 | 167,173 | -23,516 | -21,769 | 43,604 | -398,527 | -142,742 | 289,717 | 62,380 | 16,577 | -12,583 | 193,031 |
overdraft | -285,590 | -237,100 | 469,663 | -193,979 | 247,006 | ||||||||||
change in cash | -325,728 | 35,621 | -310,107 | 490,730 | 452,763 | 213,584 | -491,432 | 237,583 | -645,533 | -142,742 | 289,717 | 62,380 | 16,577 | -12,583 | 193,031 |
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STANDEN ENGINEERING LIMITED group structure
Standen Engineering Limited has 2 subsidiary companies.
Ultimate parent company
STANDEN ENGINEERING LIMITED
04315838
2 subsidiaries
Standen Engineering Limited currently has 3 directors. The longest serving directors include Mr Edward Gilbert (Jan 2018) and Mr David Rickwood (Oct 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Edward Gilbert | United Kingdom | 53 years | Jan 2018 | - | Director |
Mr David Rickwood | United Kingdom | 51 years | Oct 2018 | - | Director |
Mr Phillip Germeney | United Kingdom | 59 years | Oct 2018 | - | Director |
P&L
November 2023turnover
12m
-8%
operating profit
514.7k
-24%
gross margin
23.4%
+6.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
4.3m
+0.12%
total assets
7m
-0.07%
cash
63.9k
-0.84%
net assets
Total assets minus all liabilities
company number
04315838
Type
Private limited with Share Capital
industry
28302 - Manufacture of agricultural and forestry machinery (other than agricultural tractors)
incorporation date
November 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
November 2023
previous names
tayvin 246 limited (December 2001)
accountant
-
auditor
WHITINGS LLP
address
hereward works, station road, ely, cambridgeshire, CB7 4BP
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
TAYLOR VINTERS
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 4 charges/mortgages relating to standen engineering limited. Currently there are 2 open charges and 2 have been satisfied in the past.
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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