st engineering idirect (uk) limited
st engineering idirect (uk) limited Company Information
Company Number
04338596
Next Accounts
Sep 2025
Shareholders
idirect asia pte ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
314, midsummer boulevard, midsummer c, milton keynes, buckinghamshire, MK9 2UB
Website
https://www.idirect.netst engineering idirect (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ST ENGINEERING IDIRECT (UK) LIMITED at £28m based on a Turnover of £24.9m and 1.12x industry multiple (adjusted for size and gross margin).
st engineering idirect (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ST ENGINEERING IDIRECT (UK) LIMITED at £8.5m based on an EBITDA of £1m and a 8.23x industry multiple (adjusted for size and gross margin).
st engineering idirect (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ST ENGINEERING IDIRECT (UK) LIMITED at £6.7m based on Net Assets of £3.1m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
St Engineering Idirect (uk) Limited Overview
St Engineering Idirect (uk) Limited is a live company located in milton keynes, MK9 2UB with a Companies House number of 04338596. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2001, it's largest shareholder is idirect asia pte ltd with a 100% stake. St Engineering Idirect (uk) Limited is a mature, large sized company, Pomanda has estimated its turnover at £24.9m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
St Engineering Idirect (uk) Limited Health Check
Pomanda's financial health check has awarded St Engineering Idirect (Uk) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £24.9m, make it larger than the average company (£4.8m)
£24.9m - St Engineering Idirect (uk) Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.7%)
6% - St Engineering Idirect (uk) Limited
6.7% - Industry AVG
Production
with a gross margin of 59.4%, this company has a lower cost of product (38.3%)
59.4% - St Engineering Idirect (uk) Limited
38.3% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (5.7%)
2.9% - St Engineering Idirect (uk) Limited
5.7% - Industry AVG
Employees
with 32 employees, this is similar to the industry average (27)
32 - St Engineering Idirect (uk) Limited
27 - Industry AVG
Pay Structure
on an average salary of £170.8k, the company has a higher pay structure (£53.9k)
£170.8k - St Engineering Idirect (uk) Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £779.3k, this is more efficient (£171.3k)
£779.3k - St Engineering Idirect (uk) Limited
£171.3k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (42 days)
65 days - St Engineering Idirect (uk) Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (32 days)
79 days - St Engineering Idirect (uk) Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is less than average (33 days)
23 days - St Engineering Idirect (uk) Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (22 weeks)
2 weeks - St Engineering Idirect (uk) Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.1%, this is a higher level of debt than the average (62.5%)
78.1% - St Engineering Idirect (uk) Limited
62.5% - Industry AVG
ST ENGINEERING IDIRECT (UK) LIMITED financials
St Engineering Idirect (Uk) Limited's latest turnover from December 2023 is £24.9 million and the company has net assets of £3.1 million. According to their latest financial statements, St Engineering Idirect (Uk) Limited has 32 employees and maintains cash reserves of £594.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 24,938,117 | 31,779,029 | 24,609,943 | 20,656,288 | 20,488,074 | 10,300,426 | 7,073,349 | 4,912,499 | 3,756,692 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 10,121,023 | 17,357,816 | 10,019,392 | 8,803,834 | 4,278,297 | 431,467 | 97,176 | 198,819 | |||||||
| Gross Profit | 14,817,094 | 14,421,213 | 14,590,551 | 11,852,455 | 16,209,777 | 9,868,959 | 6,976,173 | 4,713,680 | 3,756,692 | ||||||
| Admin Expenses | 14,087,407 | 13,198,815 | 13,086,358 | 10,304,156 | 14,874,678 | 8,603,111 | 5,555,764 | 4,247,941 | 3,440,886 | ||||||
| Operating Profit | 729,687 | 1,222,398 | 1,504,193 | 1,548,299 | 1,335,099 | 1,265,848 | 1,420,409 | 465,739 | 315,806 | 142,320 | -173,643 | 143,467 | 223,019 | 83,016 | |
| Interest Payable | 133,042 | 140,333 | 172,470 | 225,388 | |||||||||||
| Interest Receivable | 16 | 556 | 1,168 | ||||||||||||
| Pre-Tax Profit | 729,687 | 1,275,489 | 1,504,193 | 1,548,299 | 1,335,099 | 1,265,848 | 1,420,409 | 465,739 | 315,806 | 9,294 | -313,976 | -29,003 | -42,489 | -3,144,159 | |
| Tax | -153,673 | -421,708 | -293,865 | -331,715 | -492,550 | -299,226 | -251,987 | -50,420 | -18,604 | -33,039 | 12,502 | -7,774 | 24,751 | 22,261 | |
| Profit After Tax | 576,014 | 853,781 | 1,210,329 | 1,216,583 | 842,549 | 966,622 | 1,168,422 | 415,319 | 297,202 | -23,745 | -301,474 | -36,777 | -17,738 | -3,121,898 | |
| Dividends Paid | |||||||||||||||
| Retained Profit | 576,014 | 853,781 | 1,210,329 | 1,216,583 | 842,549 | 966,622 | 1,168,422 | 415,319 | 297,202 | -23,745 | -301,474 | -36,777 | -17,738 | -3,121,898 | |
| Employee Costs | 5,466,299 | 4,299,696 | 5,200,785 | 4,228,829 | 6,078,961 | 4,749,728 | 3,144,876 | 3,256,059 | 1,720,417 | ||||||
| Number Of Employees | 32 | 34 | 29 | 29 | 31 | 41 | 34 | 35 | 34 | ||||||
| EBITDA* | 1,037,916 | 1,678,455 | 2,815,715 | 2,850,890 | 3,532,294 | 2,111,553 | 2,058,325 | 531,675 | 355,893 | 266,669 | -160,049 | 152,731 | 230,046 | 89,735 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 896 | 1,538 | 41,730 | 162,080 | 266,955 | 239,326 | 199,215 | 95,207 | 107,164 | 105,041 | 27,342 | 25,022 | 25,939 | 26,485 | 1,565 |
| Intangible Assets | 52,302 | 306,609 | 783,705 | 1,883,954 | 4,127,765 | 4,198,311 | 6,871,911 | 5,562,358 | 2,982,287 | 2,769,957 | |||||
| Investments & Other | 1,021,876 | 1,021,876 | 1,103,753 | 1,021,798 | 1,162,747 | 1,162,747 | 1,162,747 | 1,166,878 | 1,166,880 | 1,207,000 | 4,434,731 | ||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,075,075 | 1,330,023 | 1,929,189 | 3,067,833 | 4,394,720 | 4,437,637 | 7,071,126 | 5,657,565 | 4,252,198 | 4,037,745 | 1,190,089 | 1,191,900 | 1,192,819 | 1,233,485 | 4,436,296 |
| Stock & work in progress | 645,551 | 5,895 | 6,560 | 8,813 | |||||||||||
| Trade Debtors | 4,486,617 | 6,303,382 | 7,757,765 | 4,291,696 | 3,481,299 | 457,547 | 25,596 | ||||||||
| Group Debtors | 7,372,768 | 227,163 | 7,182,850 | 162,603 | 15,965 | 7,130,490 | 2,455,292 | 772,985 | 3,427,014 | 1,292,640 | 872,154 | 306,628 | |||
| Misc Debtors | 232,055 | 150,109 | 207,245 | 462,017 | 675,681 | 532,938 | 635,572 | 757,585 | 371,408 | 256,844 | 11,301 | 81,357 | 49,052 | 34,443 | |
| Cash | 594,610 | 5,318,324 | 957,136 | 5,306,723 | 2,934,122 | 90,831 | 222,543 | 129,901 | 114,425 | 108,888 | 48,840 | 57,226 | 33,428 | 98,317 | 32,553 |
| misc current assets | 31,149 | ||||||||||||||
| total current assets | 13,331,601 | 12,004,874 | 16,111,558 | 10,231,854 | 7,138,216 | 8,211,806 | 3,313,407 | 1,660,471 | 485,833 | 3,792,746 | 1,352,781 | 1,010,737 | 389,108 | 132,760 | 58,149 |
| total assets | 14,406,675 | 13,334,897 | 18,040,746 | 13,299,687 | 11,532,936 | 12,649,443 | 10,384,533 | 7,318,036 | 4,738,031 | 7,830,491 | 2,542,870 | 2,202,637 | 1,581,927 | 1,366,245 | 4,494,445 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,217,560 | 10,738,559 | 763,596 | 1,343,607 | 1,338,360 | 469,004 | 631,438 | 622,298 | 544,032 | 604,214 | 62,763 | 72,697 | 59,019 | 18,834 | 88,894 |
| Group/Directors Accounts | 5,017,991 | 3,618,931 | 8,445,998 | 6,675,837 | 11,849,664 | 10,792,477 | 8,927,968 | 1,435,544 | 1,380,782 | 4,159 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,968,276 | 5,769,899 | 2,748,858 | 4,086,057 | 330,504 | 107,278 | 296,590 | 285,083 | 180,012 | 78,590 | 73,839 | 60,032 | 81,873 | ||
| total current liabilities | 11,203,827 | 10,738,559 | 10,152,426 | 12,538,464 | 12,100,254 | 12,649,172 | 11,531,193 | 9,846,856 | 2,264,659 | 2,165,008 | 141,353 | 146,536 | 119,051 | 104,866 | 88,894 |
| loans | 5,467,931 | 8,959,313 | 5,669,845 | 5,010,453 | 4,388,225 | 4,168,321 | |||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 5,917,891 | 4,197,749 | |||||||||||||
| provisions | 54,802 | 24,305 | 114,504 | 163,561 | 250,403 | 446,536 | 266,227 | 52,489 | 2,069 | 1,757 | 14,259 | 6,485 | 7,154 | ||
| total long term liabilities | 54,802 | 24,306 | 6,032,396 | 163,562 | 250,403 | 446,536 | 266,227 | 52,489 | 5,470,000 | 8,959,313 | 5,671,602 | 5,024,712 | 4,394,710 | 4,175,475 | 4,197,749 |
| total liabilities | 11,258,629 | 10,762,864 | 16,184,821 | 12,702,026 | 12,350,657 | 13,095,708 | 11,797,420 | 9,899,345 | 7,734,659 | 11,124,321 | 5,812,955 | 5,171,248 | 4,513,761 | 4,280,341 | 4,286,643 |
| net assets | 3,148,046 | 2,572,032 | 1,855,925 | 597,660 | -817,721 | -446,265 | -1,412,887 | -2,581,309 | -2,996,628 | -3,293,830 | -3,270,085 | -2,968,611 | -2,931,834 | -2,914,096 | 207,802 |
| total shareholders funds | 3,148,046 | 2,572,032 | 1,855,925 | 597,660 | -817,721 | -446,265 | -1,412,887 | -2,581,309 | -2,996,628 | -3,293,830 | -3,270,085 | -2,968,611 | -2,931,834 | -2,914,096 | 207,802 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 729,687 | 1,222,398 | 1,504,193 | 1,548,299 | 1,335,099 | 1,265,848 | 1,420,409 | 465,739 | 315,806 | 142,320 | -173,643 | 143,467 | 223,019 | 83,016 | |
| Depreciation | 1,621 | 37,097 | 60,168 | 62,292 | 127,587 | 56,153 | 41,459 | 65,936 | 40,087 | 124,349 | 13,594 | 9,264 | 7,027 | 6,719 | 522 |
| Amortisation | 306,608 | 418,960 | 1,251,353 | 1,240,300 | 2,069,608 | 789,552 | 596,457 | ||||||||
| Tax | -153,673 | -421,708 | -293,865 | -331,715 | -492,550 | -299,226 | -251,987 | -50,420 | -18,604 | -33,039 | 12,502 | -7,774 | 24,751 | 22,261 | |
| Stock | 639,656 | -665 | -2,253 | 8,813 | |||||||||||
| Debtors | 5,410,786 | -8,467,207 | 10,231,544 | 743,372 | -3,948,030 | 5,030,111 | 1,560,294 | 1,159,162 | 371,408 | 3,683,858 | 350,430 | 597,831 | 321,237 | 8,847 | 25,596 |
| Creditors | -8,520,999 | 9,974,963 | -580,012 | 5,247 | 869,356 | -162,434 | 9,140 | 78,266 | 544,032 | 604,214 | -9,934 | 13,678 | 40,185 | -70,060 | 88,894 |
| Accruals and Deferred Income | 3,968,276 | -5,769,899 | 3,021,041 | -1,337,199 | 3,755,553 | 223,226 | -189,312 | 11,507 | 285,083 | 180,012 | 4,751 | 13,807 | -21,841 | 81,873 | |
| Deferred Taxes & Provisions | 30,497 | -90,199 | -49,057 | -86,842 | -196,133 | 180,309 | 213,738 | 50,420 | 2,069 | -12,502 | 7,774 | -669 | 7,154 | ||
| Cash flow from operations | -9,688,425 | 13,839,484 | -5,315,470 | 348,197 | 11,416,550 | -2,976,683 | 279,610 | -537,714 | 797,065 | -2,666,002 | -515,662 | -417,615 | -48,765 | 122,116 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -81,877 | 81,954 | 1,021,798 | -1,162,747 | 1,162,747 | 1,162,747 | -4,131 | -2 | -40,120 | -3,227,731 | 4,434,731 | ||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 5,017,991 | -3,618,931 | -4,827,068 | 1,770,161 | -5,173,827 | 1,057,187 | 1,864,509 | 7,492,424 | 1,435,544 | 1,380,782 | -4,159 | 4,159 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -5,467,931 | 5,467,931 | 8,959,313 | 659,392 | 622,228 | 219,904 | 4,168,321 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -5,917,891 | 5,917,891 | -4,197,749 | 4,197,749 | |||||||||||
| share issue | |||||||||||||||
| interest | -133,026 | -140,333 | -172,470 | -225,388 | 556 | ||||||||||
| cash flow from financing | 5,017,991 | -9,674,496 | 1,138,759 | 1,968,959 | -6,387,832 | 1,057,187 | 1,864,509 | 2,024,493 | 3,609,645 | 6,936,984 | 519,059 | 449,758 | -9,643 | -24,713 | |
| cash and cash equivalents | |||||||||||||||
| cash | -4,723,714 | 4,361,188 | -4,349,587 | 2,372,601 | 2,843,291 | -131,712 | 92,642 | 15,476 | 114,425 | 108,888 | -8,386 | 23,798 | -64,889 | 65,764 | 32,553 |
| overdraft | |||||||||||||||
| change in cash | -4,723,714 | 4,361,188 | -4,349,587 | 2,372,601 | 2,843,291 | -131,712 | 92,642 | 15,476 | 114,425 | 108,888 | -8,386 | 23,798 | -64,889 | 65,764 | 32,553 |
st engineering idirect (uk) limited Credit Report and Business Information
St Engineering Idirect (uk) Limited Competitor Analysis
Perform a competitor analysis for st engineering idirect (uk) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in MK9 area or any other competitors across 12 key performance metrics.
st engineering idirect (uk) limited Ownership
ST ENGINEERING IDIRECT (UK) LIMITED group structure
St Engineering Idirect (Uk) Limited has no subsidiary companies.
Ultimate parent company
TEMASEK HOLDINGS (PRIVATE) LTD
#0104970
IDIRECT ASIA PTE LTD
#0106517
2 parents
ST ENGINEERING IDIRECT (UK) LIMITED
04338596
st engineering idirect (uk) limited directors
St Engineering Idirect (Uk) Limited currently has 3 directors. The longest serving directors include Mr Don Claussen (Mar 2023) and Mr Craig Bowley (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Don Claussen | United Kingdom | 49 years | Mar 2023 | - | Director |
| Mr Craig Bowley | United Kingdom | 38 years | Sep 2023 | - | Director |
| Zi Loh | United Kingdom | 46 years | Dec 2023 | - | Director |
P&L
December 2023turnover
24.9m
-22%
operating profit
729.7k
-40%
gross margin
59.5%
+30.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.1m
+0.22%
total assets
14.4m
+0.08%
cash
594.6k
-0.89%
net assets
Total assets minus all liabilities
st engineering idirect (uk) limited company details
company number
04338596
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KPMG
address
314, midsummer boulevard, midsummer c, milton keynes, buckinghamshire, MK9 2UB
Bank
BANK OF AMERICA NA
Legal Advisor
KINGSLEY NAPLEY LLP
st engineering idirect (uk) 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 1 charges/mortgages relating to st engineering idirect (uk) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
st engineering idirect (uk) 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 ST ENGINEERING IDIRECT (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
st engineering idirect (uk) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
