eagle technical products limited

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eagle technical products limited Company Information

Share EAGLE TECHNICAL PRODUCTS LIMITED

Company Number

04385015

Directors

Kevin Rae

Roger Shannon

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Shareholders

lakeland global safety ltd

Group Structure

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Industry

Manufacture of workwear

 

Registered Address

leltex house longley lane, manchester, M22 4SY

eagle technical products limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of EAGLE TECHNICAL PRODUCTS LIMITED at £1.6m based on a Turnover of £2.6m and 0.63x industry multiple (adjusted for size and gross margin).

eagle technical products limited Estimated Valuation

£4.9m

Pomanda estimates the enterprise value of EAGLE TECHNICAL PRODUCTS LIMITED at £4.9m based on an EBITDA of £1.1m and a 4.65x industry multiple (adjusted for size and gross margin).

eagle technical products limited Estimated Valuation

£6.4m

Pomanda estimates the enterprise value of EAGLE TECHNICAL PRODUCTS LIMITED at £6.4m based on Net Assets of £2.4m and 2.62x industry multiple (adjusted for liquidity).

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Eagle Technical Products Limited Overview

Eagle Technical Products Limited is a live company located in manchester, M22 4SY with a Companies House number of 04385015. It operates in the manufacture of workwear sector, SIC Code 14120. Founded in March 2002, it's largest shareholder is lakeland global safety ltd with a 100% stake. Eagle Technical Products Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.

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Eagle Technical Products Limited Health Check

Pomanda's financial health check has awarded Eagle Technical Products Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2.6m, make it smaller than the average company (£12.7m)

£2.6m - Eagle Technical Products Limited

£12.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.2%)

-6% - Eagle Technical Products Limited

4.2% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)

26.4% - Eagle Technical Products Limited

26.4% - Industry AVG

profitability

Profitability

an operating margin of 40.6% make it more profitable than the average company (5.1%)

40.6% - Eagle Technical Products Limited

5.1% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (58)

10 - Eagle Technical Products Limited

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.1k, the company has an equivalent pay structure (£30.1k)

£30.1k - Eagle Technical Products Limited

£30.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £259.8k, this is more efficient (£162.6k)

£259.8k - Eagle Technical Products Limited

£162.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is near the average (59 days)

53 days - Eagle Technical Products Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 101 days, this is slower than average (28 days)

101 days - Eagle Technical Products Limited

28 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 160 days, this is more than average (130 days)

160 days - Eagle Technical Products Limited

130 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (6 weeks)

57 weeks - Eagle Technical Products Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.9%, this is a lower level of debt than the average (39.7%)

29.9% - Eagle Technical Products Limited

39.7% - Industry AVG

EAGLE TECHNICAL PRODUCTS LIMITED financials

EXPORTms excel logo

Eagle Technical Products Limited's latest turnover from January 2024 is estimated at £2.6 million and the company has net assets of £2.4 million. According to their latest financial statements, Eagle Technical Products Limited has 10 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover2,597,8333,883,2992,670,8943,114,2022,038,7811,836,8922,815,2272,015,7312,286,7041,418,7502,222,2322,612,0761,823,3162,384,5062,646,082
Other Income Or Grants
Cost Of Sales1,913,2952,838,6631,895,3102,202,1271,471,1541,329,0272,087,9831,415,9681,604,2111,024,5641,523,2641,757,9561,325,5581,774,5471,858,410
Gross Profit684,5381,044,636775,583912,075567,627507,864727,243599,763682,493394,186698,968854,120497,758609,960787,672
Admin Expenses-370,22966,353509,194840,063542,518472,146544,624446,117554,937277,350617,746702,947363,476596,5071,053,805
Operating Profit1,054,767978,283266,38972,01225,10935,718182,619153,646127,556116,83681,222151,173134,28213,453-266,133
Interest Payable3,3753,250
Interest Receivable74,02042,9062,5323094074,2742,176493824550917520724066
Pre-Tax Profit1,128,7871,021,189268,92172,32125,51636,617181,546154,140128,380117,38681,313151,248134,48913,693-266,067
Tax-282,197-255,297-51,095-13,741-4,848-6,957-34,494-29,287-25,676-23,477-17,076-34,787-32,277-3,560
Profit After Tax846,590765,892217,82658,58020,66829,660147,052124,853102,70493,90964,237116,461102,21210,133-266,067
Dividends Paid
Retained Profit846,590765,892217,82658,58020,66829,660147,052124,853102,70493,90964,237116,461102,21210,133-266,067
Employee Costs300,719252,170160,312159,557216,734207,297195,167194,865150,72583,460490,403606,085459,578596,040645,449
Number Of Employees108668887531924172227
EBITDA*1,058,464983,335273,06180,10238,77248,013196,492168,032132,921121,39189,371164,602148,36028,267-250,920

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets29,62631,14436,19643,77951,86959,00363,17169,9429,74510,61012,19711,79312,96516,03419,839
Intangible Assets3,97114,27225,28127,376
Investments & Other
Debtors (Due After 1 year)200,000
Total Fixed Assets29,62631,14436,196243,77951,86959,00363,17169,9429,74510,61012,19715,76427,23741,31547,215
Stock & work in progress840,6931,792,868408,433639,900489,458484,190715,003646,481624,961373,956467,009532,807405,573369,006268,323
Trade Debtors378,307254,261756,620312,262114,206143,602353,835399,003557,146353,592381,804301,049240,604336,529400,480
Group Debtors1,039,76124,548
Misc Debtors45,64946,9145,79857217,2472,86658,00082,000
Cash1,138,1161,681,690337,437337,635279,409535,243604,545265,979128,652200,92819,12917,13212,91969,92826,247
misc current assets424,499381,968461,872411,187
total current assets3,442,5263,775,7331,502,4901,289,7971,307,5721,545,0032,141,0531,723,2221,328,006955,890867,942850,988659,096833,463777,050
total assets3,472,1523,806,8771,538,6861,533,5761,359,4411,604,0062,204,2241,793,1641,337,751966,500880,139866,752686,333874,778824,265
Bank overdraft
Bank loan
Trade Creditors 529,8941,982,308707,156920,585674,998745,054707,469494,971437,881392,587851,178902,188828,4021,096,2121,031,832
Group/Directors Accounts196,371363,145258,93045,244
other short term finances
hp & lease commitments
other current liabilities499,816228,365680,508571,232415,553405,956
total current liabilities1,029,7102,210,673707,156920,585674,998745,0541,584,3481,429,3481,112,364843,787851,178902,188828,4021,096,2121,031,832
loans100,000
hp & lease commitments
Accruals and Deferred Income
other liabilities100,000300,00010,00034,00058,000
provisions7,2327,5848,8028,08938,12133,29823,88214,8741,2981,3281,4851,3251,153
total long term liabilities7,2327,5848,8028,089138,121333,298123,88214,8741,2981,3281,4851,32511,15334,00058,000
total liabilities1,036,9422,218,257715,958928,674813,1191,078,3521,708,2301,444,2221,113,662845,115852,663903,513839,5551,130,2121,089,832
net assets2,435,2101,588,620822,728604,902546,322525,654495,994348,942224,089121,38527,476-36,761-153,222-255,434-265,567
total shareholders funds2,435,2101,588,620822,728604,902546,322525,654495,994348,942224,089121,38527,476-36,761-153,222-255,434-265,567
Jan 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit1,054,767978,283266,38972,01225,10935,718182,619153,646127,556116,83681,222151,173134,28213,453-266,133
Depreciation3,6975,0526,6728,09013,66312,29513,87314,3865,3654,5554,1783,1283,0693,8055,219
Amortisation3,97110,30111,00911,0099,994
Tax-282,197-255,297-51,095-13,741-4,848-6,957-34,494-29,287-25,676-23,477-17,076-34,787-32,277-3,560
Stock-952,1751,384,435-231,467150,4425,268-230,81368,52221,520251,005-93,053-65,798127,23436,567100,683268,323
Debtors1,162,542-455,445244,358398,056-29,396-216,031-39,942-174,818193,387-79880,75560,445-153,925-87,951482,480
Creditors-1,452,4141,275,152-213,429245,587-70,05637,585212,49857,09045,294-458,591-51,01073,786-267,81064,3801,031,832
Accruals and Deferred Income271,451228,365-680,508109,276155,6799,597405,956
Deferred Taxes & Provisions-352-1,218713-30,0324,8239,4169,00813,576-30-1571601721,153
Cash flow from operations-615,4151,301,347-3,641-266,582-7,181-145,607464,200518,388-282,286138,9736,48816,094-33,21676,35530,109
Investing Activities
capital expenditure-2,179911-6,529-8,127-7,102-74,583-4,500-2,968-4,582-1,956-8,914-62,428
Change in Investments
cash flow from investments-2,179911-6,529-8,127-7,102-74,583-4,500-2,968-4,582-1,956-8,914-62,428
Financing Activities
Bank loans
Group/Directors Accounts-196,371-166,774104,215213,68645,244
Other Short Term Loans
Long term loans-100,000100,000
Hire Purchase and Lease Commitments
other long term liabilities-100,000-200,000300,000-10,000-24,000-24,00058,000
share issue500
interest74,02042,9062,532309407899-1,074493824550917520724066
cash flow from financing74,02042,9062,532-99,691-199,5934,528-67,848104,708214,51045,79491-9,925-23,793-23,76058,566
cash and cash equivalents
cash-543,5741,344,253-19858,226-255,834-69,302338,566137,327-72,276181,7991,9974,213-57,00943,68126,247
overdraft
change in cash-543,5741,344,253-19858,226-255,834-69,302338,566137,327-72,276181,7991,9974,213-57,00943,68126,247

eagle technical products 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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Eagle Technical Products Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eagle technical products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in M22 area or any other competitors across 12 key performance metrics.

eagle technical products limited Ownership

EAGLE TECHNICAL PRODUCTS LIMITED group structure

Eagle Technical Products Limited has no subsidiary companies.

Ultimate parent company

LAKELAND INDUSTRIES INC

#0047326

2 parents

EAGLE TECHNICAL PRODUCTS LIMITED

04385015

EAGLE TECHNICAL PRODUCTS LIMITED Shareholders

lakeland global safety ltd 100%

eagle technical products limited directors

Eagle Technical Products Limited currently has 3 directors. The longest serving directors include Mr Kevin Rae (Mar 2010) and Mr Roger Shannon (Jan 2024).

officercountryagestartendrole
Mr Kevin RaeUnited Kingdom53 years Mar 2010- Director
Mr Roger Shannon30 years Jan 2024- Director
Mr James Swinea61 years Jul 2024- Director

P&L

January 2024

turnover

2.6m

-33%

operating profit

1.1m

0%

gross margin

26.4%

-2.05%

turnover

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

Balance Sheet

January 2024

net assets

2.4m

+0.53%

total assets

3.5m

-0.09%

cash

1.1m

-0.32%

net assets

Total assets minus all liabilities

eagle technical products limited company details

company number

04385015

Type

Private limited with Share Capital

industry

14120 - Manufacture of workwear

incorporation date

March 2002

age

23

incorporated

UK

ultimate parent company

LAKELAND INDUSTRIES INC

accounts

Small Company

last accounts submitted

January 2024

previous names

eagle technical fabrics limited (March 2010)

accountant

DUTTON MOORE

auditor

-

address

leltex house longley lane, manchester, M22 4SY

Bank

-

Legal Advisor

-

eagle technical products 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 9 charges/mortgages relating to eagle technical products limited. Currently there are 2 open charges and 7 have been satisfied in the past.

eagle technical products 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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eagle technical products limited Companies House Filings - See Documents

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