energy tubes limited Company Information
Company Number
04749420
Website
www.energytubes.comRegistered Address
energy house bean road, tipton, west midlands, DY4 9AQ
Industry
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Telephone
01902671222
Next Accounts Due
109 days late
Group Structure
View All
Shareholders
michael finnegan 25%
john finnegan 25%
View Allenergy tubes limited Estimated Valuation
The estimated valuation range for energy tubes limited, derived from financial data as of March 2022 and the most recent industry multiples, is between £222.5k to £1.1m
energy tubes limited Estimated Valuation
The estimated valuation range for energy tubes limited, derived from financial data as of March 2022 and the most recent industry multiples, is between £222.5k to £1.1m
energy tubes limited Estimated Valuation
The estimated valuation range for energy tubes limited, derived from financial data as of March 2022 and the most recent industry multiples, is between £222.5k to £1.1m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Energy Tubes Limited AI Business Plan
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Energy Tubes Limited Overview
Energy Tubes Limited is a live company located in west midlands, DY4 9AQ with a Companies House number of 04749420. It operates in the manufacture of tubes, pipes, hollow profiles and related fittings, of steel sector, SIC Code 24200. Founded in April 2003, it's largest shareholder is michael finnegan with a 25% stake. Energy Tubes Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with low growth in recent years.
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Energy Tubes Limited Health Check
Pomanda's financial health check has awarded Energy Tubes Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£13.5m)
- Energy Tubes Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a faster rate (0.6%)
- Energy Tubes Limited
0.6% - Industry AVG
Production
with a gross margin of 22.7%, this company has a comparable cost of product (22.7%)
- Energy Tubes Limited
22.7% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (4%)
- Energy Tubes Limited
4% - Industry AVG
Employees
with 15 employees, this is below the industry average (69)
15 - Energy Tubes Limited
69 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
- Energy Tubes Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £221.2k, this is more efficient (£181.3k)
- Energy Tubes Limited
£181.3k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is near the average (80 days)
- Energy Tubes Limited
80 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (58 days)
- Energy Tubes Limited
58 days - Industry AVG
Stock Days
it holds stock equivalent to 170 days, this is more than average (77 days)
- Energy Tubes Limited
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Energy Tubes Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.8%, this is a higher level of debt than the average (47.8%)
86.8% - Energy Tubes Limited
47.8% - Industry AVG
energy tubes limited Credit Report and Business Information
Energy Tubes Limited Competitor Analysis
Perform a competitor analysis for energy tubes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
energy tubes limited Ownership
ENERGY TUBES LIMITED group structure
Energy Tubes Limited has no subsidiary companies.
Ultimate parent company
ENERGY TUBES LIMITED
04749420
energy tubes limited directors
Energy Tubes Limited currently has 5 directors. The longest serving directors include Mr Michael Finnegan (Jan 2004) and Mr Stephen Finnegan (Jan 2004).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Finnegan | 69 years | Jan 2004 | - | Director | |
Mr Stephen Finnegan | 68 years | Jan 2004 | - | Director | |
Mr John Finnegan | 61 years | Jan 2004 | - | Director | |
Mr Stephen Finnegan | 48 years | Jul 2023 | - | Director | |
Mrs Paula Williams | 40 years | Jul 2023 | - | Director |
ENERGY TUBES LIMITED financials
Energy Tubes Limited's latest turnover from March 2022 is estimated at £3.3 million and the company has net assets of £304.1 thousand. According to their latest financial statements, Energy Tubes Limited has 15 employees and maintains cash reserves of £20.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | |||||||||||||
Interest Payable | |||||||||||||
Interest Receivable | |||||||||||||
Pre-Tax Profit | |||||||||||||
Tax | |||||||||||||
Profit After Tax | |||||||||||||
Dividends Paid | |||||||||||||
Retained Profit | |||||||||||||
Employee Costs | |||||||||||||
Number Of Employees | 15 | 12 | 21 | 25 | 23 | 22 | 20 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 263,177 | 226,121 | 262,723 | 284,454 | 314,351 | 343,832 | 368,472 | 390,741 | 405,430 | 402,978 | 420,867 | 399,020 | 413,537 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,844 | 29,687 | 44,531 | 59,375 | 74,219 | 89,062 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 263,177 | 226,121 | 262,723 | 284,454 | 314,351 | 343,832 | 368,472 | 405,585 | 435,117 | 447,509 | 480,242 | 473,239 | 502,599 |
Stock & work in progress | 1,200,405 | 728,880 | 695,202 | 670,967 | 715,469 | 654,504 | 622,475 | 719,742 | 691,727 | 608,267 | 697,457 | 505,317 | 492,645 |
Trade Debtors | 672,149 | 437,939 | 373,890 | 548,318 | 540,631 | 592,402 | 585,974 | 629,298 | 650,023 | 625,884 | 731,141 | 634,317 | 506,424 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 144,260 | 222,596 | 236,928 | 142,942 | 143,045 | 65,837 | 82,504 | 4,607 | 5,992 | 6,039 | 28,242 | 0 | 0 |
Cash | 20,462 | 126,755 | 10,752 | 56,801 | 55,677 | 32,016 | 22,603 | 45,332 | 101,753 | 107,642 | 57,418 | 92,842 | 61,741 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,037,276 | 1,516,170 | 1,316,772 | 1,419,028 | 1,454,822 | 1,344,759 | 1,313,556 | 1,398,979 | 1,449,495 | 1,347,832 | 1,514,258 | 1,232,476 | 1,060,810 |
total assets | 2,300,453 | 1,742,291 | 1,579,495 | 1,703,482 | 1,769,173 | 1,688,591 | 1,682,028 | 1,804,564 | 1,884,612 | 1,795,341 | 1,994,500 | 1,705,715 | 1,563,409 |
Bank overdraft | 332,117 | 132,184 | 278,833 | 121,636 | 55,304 | 0 | 82,096 | 0 | 0 | 0 | 0 | 85,440 | 54,271 |
Bank loan | 0 | 0 | 0 | 137,264 | 166,365 | 161,142 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 691,270 | 407,480 | 451,492 | 431,799 | 542,588 | 394,087 | 503,163 | 1,118,934 | 1,112,532 | 1,013,795 | 1,150,302 | 881,387 | 786,722 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 11,680 | 5,500 | 3,000 | 0 | 0 | 0 | 3,468 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 726,639 | 654,907 | 427,382 | 553,567 | 493,995 | 594,261 | 500,752 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,761,706 | 1,200,071 | 1,160,707 | 1,244,266 | 1,258,252 | 1,149,490 | 1,089,479 | 1,118,934 | 1,112,532 | 1,013,795 | 1,150,302 | 966,827 | 840,993 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 29,070 | 0 | 5,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 145,833 | 208,333 | 0 | 0 | 0 | 0 | 0 | 525 | 21,832 | 34,297 | 57,746 | 0 | 0 |
provisions | 59,778 | 41,933 | 48,661 | 46,986 | 57,857 | 63,048 | 70,768 | 16,173 | 17,143 | 15,010 | 22,000 | 20,000 | 24,000 |
total long term liabilities | 234,681 | 250,266 | 54,161 | 46,986 | 57,857 | 63,048 | 70,768 | 16,698 | 38,975 | 49,307 | 79,746 | 20,000 | 24,000 |
total liabilities | 1,996,387 | 1,450,337 | 1,214,868 | 1,291,252 | 1,316,109 | 1,212,538 | 1,160,247 | 1,135,632 | 1,151,507 | 1,063,102 | 1,230,048 | 986,827 | 864,993 |
net assets | 304,066 | 291,954 | 364,627 | 412,230 | 453,064 | 476,053 | 521,781 | 668,932 | 733,105 | 732,239 | 764,452 | 718,888 | 698,416 |
total shareholders funds | 304,066 | 291,954 | 364,627 | 412,230 | 453,064 | 476,053 | 521,781 | 668,932 | 733,105 | 732,239 | 764,452 | 718,888 | 698,416 |
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 42,037 | 36,602 | 38,087 | 36,617 | 37,258 | 36,382 | 35,402 | 34,307 | 31,489 | 30,328 | 27,699 | 24,554 | 10,047 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 14,844 | 14,843 | 14,844 | 14,844 | 14,844 | 14,843 | 14,844 |
Tax | |||||||||||||
Stock | 471,525 | 33,678 | 24,235 | -44,502 | 60,965 | 32,029 | -97,267 | 28,015 | 83,460 | -89,190 | 192,140 | 12,672 | 492,645 |
Debtors | 155,874 | 49,717 | -80,442 | 7,584 | 25,437 | -10,239 | 34,573 | -22,110 | 24,092 | -127,460 | 125,066 | 127,893 | 506,424 |
Creditors | 283,790 | -44,012 | 19,693 | -110,789 | 148,501 | -109,076 | -615,771 | 6,402 | 98,737 | -136,507 | 268,915 | 94,665 | 786,722 |
Accruals and Deferred Income | 71,732 | 227,525 | -126,185 | 59,572 | -100,266 | 93,509 | 500,752 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 17,845 | -6,728 | 1,675 | -10,871 | -5,191 | -7,720 | 54,595 | -970 | 2,133 | -6,990 | 2,000 | -4,000 | 24,000 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | -137,264 | -29,101 | 5,223 | 161,142 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 35,250 | -3,000 | 8,500 | 0 | 0 | -3,468 | 3,468 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -62,500 | 208,333 | 0 | 0 | 0 | 0 | -525 | -21,307 | -12,465 | -23,449 | 57,746 | 0 | 0 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | -106,293 | 116,003 | -46,049 | 1,124 | 23,661 | 9,413 | -22,729 | -56,421 | -5,889 | 50,224 | -35,424 | 31,101 | 61,741 |
overdraft | 199,933 | -146,649 | 157,197 | 66,332 | 55,304 | -82,096 | 82,096 | 0 | 0 | 0 | -85,440 | 31,169 | 54,271 |
change in cash | -306,226 | 262,652 | -203,246 | -65,208 | -31,643 | 91,509 | -104,825 | -56,421 | -5,889 | 50,224 | 50,016 | -68 | 7,470 |
P&L
March 2022turnover
3.3m
+38%
operating profit
30.1k
0%
gross margin
22.7%
+27.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
304.1k
+0.04%
total assets
2.3m
+0.32%
cash
20.5k
-0.84%
net assets
Total assets minus all liabilities
energy tubes limited company details
company number
04749420
Type
Private limited with Share Capital
industry
24200 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
incorporation date
April 2003
age
21
accounts
Total Exemption Full
ultimate parent company
previous names
etchco 1204 limited (February 2004)
incorporated
UK
address
energy house bean road, tipton, west midlands, DY4 9AQ
last accounts submitted
March 2022
energy tubes 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 6 charges/mortgages relating to energy tubes limited. Currently there are 6 open charges and 0 have been satisfied in the past.
energy tubes limited Companies House Filings - See Documents
date | description | view/download |
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