Pomanda estimates the enterprise value of ASTEK INNOVATIONS LIMITED at £631.3k based on a Turnover of £1.3m and 0.48x industry multiple (adjusted for size and gross margin).
astek innovations limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of ASTEK INNOVATIONS LIMITED at £1.1m based on an EBITDA of £237.2k and a 4.8x industry multiple (adjusted for size and gross margin).
astek innovations limitedEstimated Valuation
£13.5m
Pomanda estimates the enterprise value of ASTEK INNOVATIONS LIMITED at £13.5m based on Net Assets of £7m and 1.92x industry multiple (adjusted for liquidity).
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Astek Innovations LimitedOverview
Astek Innovations Limited is a live company located in altrincham, WA14 5DH with a Companies House number of 05097602. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in April 2004, it's largest shareholder is
y i europe limited
with a 100% stake. Astek Innovations Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Astek Innovations 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 Rating5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£24.4m)
£1.3m - Astek Innovations Limited
£24.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (5.3%)
-22% - Astek Innovations Limited
5.3% - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)
29.5% - Astek Innovations Limited
29.5% - Industry AVG
Profitability
an operating margin of 12.4% make it more profitable than the average company (4.1%)
12.4% - Astek Innovations Limited
4.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (36)
7 - Astek Innovations Limited
36 - Industry AVG
Pay Structure
on an average salary of £81.2k, the company has an equivalent pay structure (£81.2k)
£81.2k - Astek Innovations Limited
£81.2k - Industry AVG
Efficiency
resulting in sales per employee of £189.9k, this is less efficient (£656k)
£189.9k - Astek Innovations Limited
£656k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (57 days)
9 days - Astek Innovations Limited
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Astek Innovations Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (64 days)
0 days - Astek Innovations Limited
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 25 weeks, this is more cash available to meet short term requirements (11 weeks)
25 weeks - Astek Innovations Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.2%, this is a lower level of debt than the average (54.4%)
7.2% - Astek Innovations Limited
54.4% - Industry AVG
ASTEK INNOVATIONS LIMITED financials
EXPORT
Astek Innovations Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £7 million. According to their latest financial statements, Astek Innovations Limited has 7 employees and maintains cash reserves of £98.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
1,329,074
3,631,597
3,829,488
2,780,923
4,184,930
4,858,203
3,987,941
4,341,048
2,652,680
2,577,138
3,228,699
2,911,456
2,961,933
1,787,268
1,369,305
Other Income Or Grants
Cost Of Sales
937,192
2,579,118
2,756,719
2,001,480
3,004,559
3,618,252
2,987,429
3,216,206
1,968,319
1,897,383
2,428,611
2,212,738
2,297,512
983,532
755,332
Gross Profit
391,883
1,052,479
1,072,770
779,442
1,180,371
1,239,951
1,000,512
1,124,843
684,361
679,755
800,088
698,719
664,421
803,736
613,973
Admin Expenses
227,415
-846,823
-436,962
200,181
-364,036
-32,667
566,781
694,509
372,652
318,553
374,463
241,067
230,131
424,616
649,220
Operating Profit
164,468
1,899,302
1,509,732
579,261
1,544,407
1,272,618
433,731
430,334
311,709
361,202
425,625
457,652
434,290
379,120
-35,247
Interest Payable
1,150
1,272
1,034
9,926
25,289
17,149
6,549
Interest Receivable
16,756
54,629
4,969
828
6,118
7,501
5,827
2,301
3,202
1,375
782
655
387
289
6
Pre-Tax Profit
181,224
1,953,931
1,514,701
578,940
1,549,253
1,279,085
439,558
432,635
314,911
362,577
426,406
448,380
409,388
362,260
-41,790
Tax
-45,306
-371,247
-287,793
-109,999
-294,358
-243,026
-83,516
-86,527
-62,982
-76,141
-98,073
-107,611
-106,441
Profit After Tax
135,918
1,582,684
1,226,908
468,941
1,254,895
1,036,059
356,042
346,108
251,929
286,436
328,333
340,769
302,947
362,260
-41,790
Dividends Paid
Retained Profit
135,918
1,582,684
1,226,908
468,941
1,254,895
1,036,059
356,042
346,108
251,929
286,436
328,333
340,769
302,947
362,260
-41,790
Employee Costs
568,189
862,578
807,406
619,866
594,128
728,259
829,641
846,834
252,273
209,925
284,173
233,709
234,397
322,624
332,093
Number Of Employees
7
11
11
9
9
12
14
16
6
5
7
6
6
10
11
EBITDA*
237,204
2,021,328
1,635,821
655,677
1,600,139
1,337,395
496,974
467,544
393,926
452,738
517,025
552,319
520,916
460,685
32,885
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
544,785
646,497
904,737
318,272
317,640
194,122
196,695
216,448
244,052
199,344
190,173
167,573
161,454
180,203
Intangible Assets
11,941
19,057
28,063
44,055
58,788
75,545
95,943
114,255
137,978
159,419
185,930
208,267
212,232
232,479
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
556,726
665,554
932,800
362,327
376,428
269,667
292,638
330,703
382,030
358,763
376,103
375,840
373,686
412,682
Stock & work in progress
1,104
541,914
526,676
438,332
634,539
456,704
278,955
450,590
457,818
361,268
340,196
321,959
209,314
145,782
133,026
Trade Debtors
35,641
453,823
610,472
501,121
910,930
941,922
757,085
730,886
404,150
518,587
637,164
448,983
505,176
220,241
180,459
Group Debtors
6,929,245
5,609,671
1,491,817
1,193,405
1,685,696
1,673,081
Misc Debtors
508,408
8,580
16,486
13,338
375,927
35,499
61,759
54,766
46,528
26,124
Cash
98,396
539,914
2,581,722
1,393,391
263,329
632,132
1,368,093
962,582
878,606
402,302
147,601
165,178
96,714
58,166
10,545
misc current assets
total current assets
7,572,794
7,153,902
5,227,173
3,539,587
3,870,421
3,739,338
2,465,892
2,198,824
1,740,574
1,282,157
1,124,961
936,120
811,204
470,717
350,154
total assets
7,572,794
7,710,628
5,892,727
4,472,387
4,232,748
4,115,766
2,735,559
2,491,462
2,071,277
1,664,187
1,483,724
1,312,223
1,187,044
844,403
762,836
Bank overdraft
37,694
30,640
Bank loan
25,006
25,006
Trade Creditors
321,509
232,155
65,195
226,511
395,966
143,059
303,469
377,106
216,163
326,702
417,154
429,390
83,475
47,424
Group/Directors Accounts
679
48,374
5,392
61,428
636,591
other short term finances
hp & lease commitments
3,131
3,131
other current liabilities
199,288
348,287
229,303
107,964
291,410
230,903
201,900
153,558
64,014
143,050
total current liabilities
202,419
672,927
462,137
221,533
561,007
657,509
344,959
457,027
377,106
216,163
326,702
417,154
429,390
233,923
852,071
loans
305,425
447,697
104,131
hp & lease commitments
6,108
7,427
Accruals and Deferred Income
13,501
19,612
other liabilities
1,173
3,912
6,967
14,750
102,071
provisions
333,075
135,000
118,000
165,172
55,000
60,352
28,754
27,458
30,563
33,290
20,941
total long term liabilities
339,183
142,427
118,000
165,172
55,000
60,352
28,754
28,631
34,475
40,257
35,691
102,071
305,425
461,198
123,743
total liabilities
541,602
815,354
580,137
386,705
616,007
717,861
373,713
485,658
411,581
256,420
362,393
519,225
734,815
695,121
975,814
net assets
7,031,192
6,895,274
5,312,590
4,085,682
3,616,741
3,397,905
2,361,846
2,005,804
1,659,696
1,407,767
1,121,331
792,998
452,229
149,282
-212,978
total shareholders funds
7,031,192
6,895,274
5,312,590
4,085,682
3,616,741
3,397,905
2,361,846
2,005,804
1,659,696
1,407,767
1,121,331
792,998
452,229
149,282
-212,978
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
164,468
1,899,302
1,509,732
579,261
1,544,407
1,272,618
433,731
430,334
311,709
361,202
425,625
457,652
434,290
379,120
-35,247
Depreciation
67,214
114,910
117,083
60,424
40,999
40,012
34,618
37,210
40,862
40,332
33,736
33,185
28,103
29,039
34,209
Amortisation
5,522
7,116
9,006
15,992
14,733
24,765
28,625
41,355
51,204
57,664
61,482
58,523
52,526
33,923
Tax
-45,306
-371,247
-287,793
-109,999
-294,358
-243,026
-83,516
-86,527
-62,982
-76,141
-98,073
-107,611
-106,441
Stock
-540,810
15,238
88,344
-196,207
355,584
177,749
-171,635
-7,228
96,550
21,072
18,237
112,645
63,532
12,756
133,026
Debtors
1,401,220
3,953,299
410,911
-1,264,689
2,153,709
1,831,658
33,192
381,502
-114,437
-118,577
188,181
-56,193
238,407
60,186
206,583
Creditors
-321,509
89,354
166,960
-161,316
83,452
252,907
-160,410
-73,637
160,943
-110,539
-90,452
-12,236
345,915
36,051
47,424
Accruals and Deferred Income
-148,999
118,984
121,339
-183,446
89,510
29,003
48,342
153,558
-77,515
-85,147
162,662
Deferred Taxes & Provisions
198,075
17,000
-47,172
110,172
26,246
31,598
1,296
-3,105
-2,727
12,349
20,941
Cash flow from operations
-940,945
-2,093,118
1,089,900
1,771,984
-1,004,304
-601,530
441,129
83,559
507,047
375,912
143,023
376,020
380,936
338,647
-96,638
Investing Activities
capital expenditure
483,990
-13,198
141,157
-646,889
-148,392
-171,538
-40,272
855
-30,890
-114,803
-74,060
-94,930
-88,780
-42,569
-71,610
Change in Investments
cash flow from investments
483,990
-13,198
141,157
-646,889
-148,392
-171,538
-40,272
855
-30,890
-114,803
-74,060
-94,930
-88,780
-42,569
-71,610
Financing Activities
Bank loans
-25,006
25,006
Group/Directors Accounts
-679
-47,695
42,982
5,392
-61,428
-575,163
636,591
Other Short Term Loans
Long term loans
-305,425
-142,272
343,566
104,131
Hire Purchase and Lease Commitments
-1,319
10,558
other long term liabilities
-1,173
-2,739
-3,055
-7,783
-87,321
102,071
share issue
-171,188
interest
16,756
54,629
4,969
-322
4,846
6,467
5,827
2,301
3,202
1,375
782
-9,271
-24,902
-16,860
-6,543
cash flow from financing
15,437
64,508
-42,726
42,660
10,238
6,467
4,654
-438
147
-6,408
-86,539
-212,625
-253,608
-248,457
587,997
cash and cash equivalents
cash
-441,518
-2,041,808
1,188,331
1,130,062
-1,104,764
-735,961
405,511
83,976
476,304
254,701
-17,577
68,464
38,548
47,621
10,545
overdraft
-37,694
37,694
30,640
change in cash
-441,518
-2,041,808
1,188,331
1,167,756
-1,142,458
-766,601
405,511
83,976
476,304
254,701
-17,577
68,464
38,548
47,621
10,545
astek innovations 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 astek innovations limited. Get real-time insights into astek innovations limited's credit score, group structure and payment trends.
Perform a competitor analysis for astek innovations limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.
astek innovations limited Ownership
ASTEK INNOVATIONS LIMITED group structure
Astek Innovations Limited has 2 subsidiary companies.
The sole shareholder of Astek Innovations Limited is Y I Europe Limited.
y i europe limited
100%
astek innovations limited directors
Astek Innovations Limited currently has 3 directors.
The longest serving directors include
Mr Christopher Roth (May 2019) and
Mr Kenneth Serota (May 2024).
astek house atlantic street, broadheath, altrincham, cheshire, WA14 5DH
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
astek innovations 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 2 charges/mortgages relating to astek innovations limited. Currently there are 1 open charges and 1 have been satisfied in the past.
astek innovations 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 ASTEK INNOVATIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
astek innovations limitedCompanies House Filings - See Documents
