exactech (uk) limited
exactech (uk) limited Company Information
Company Number
05316864
Next Accounts
192 days late
Shareholders
exactech international operations ag
Group Structure
View All
Industry
Manufacture of medical and dental instruments and supplies
Registered Address
prospect house, fishing line road, redditch, worcestershire, B97 6EW
Website
http://exac.co.ukexactech (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of EXACTECH (UK) LIMITED at £5.7m based on a Turnover of £5.5m and 1.05x industry multiple (adjusted for size and gross margin).
exactech (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of EXACTECH (UK) LIMITED at £1.1m based on an EBITDA of £179.2k and a 5.98x industry multiple (adjusted for size and gross margin).
exactech (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of EXACTECH (UK) LIMITED at £814.4k based on Net Assets of £364.9k and 2.23x industry multiple (adjusted for liquidity).
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Exactech (uk) Limited Overview
Exactech (uk) Limited is a live company located in redditch, B97 6EW with a Companies House number of 05316864. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in December 2004, it's largest shareholder is exactech international operations ag with a 100% stake. Exactech (uk) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.5m with high growth in recent years.
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Exactech (uk) Limited Health Check
Pomanda's financial health check has awarded Exactech (Uk) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £5.5m, make it smaller than the average company (£16.5m)
- Exactech (uk) Limited
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.1%)
- Exactech (uk) Limited
5.1% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
- Exactech (uk) Limited
38.4% - Industry AVG
Profitability
an operating margin of -3.4% make it less profitable than the average company (6%)
- Exactech (uk) Limited
6% - Industry AVG
Employees
with 22 employees, this is below the industry average (78)
22 - Exactech (uk) Limited
78 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)
- Exactech (uk) Limited
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £248.4k, this is more efficient (£184.2k)
- Exactech (uk) Limited
£184.2k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (49 days)
- Exactech (uk) Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (36 days)
- Exactech (uk) Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 170 days, this is more than average (93 days)
- Exactech (uk) Limited
93 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (13 weeks)
11 weeks - Exactech (uk) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (43.4%)
93.4% - Exactech (uk) Limited
43.4% - Industry AVG
EXACTECH (UK) LIMITED financials
Exactech (Uk) Limited's latest turnover from December 2022 is estimated at £5.5 million and the company has net assets of £364.9 thousand. According to their latest financial statements, Exactech (Uk) Limited has 22 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,652,200 | 2,178,528 | 1,967,284 | 1,953,949 | ||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 1,113,499 | 967,786 | 719,335 | 587,412 | ||||||||||
| Gross Profit | 1,538,701 | 1,210,742 | 1,247,949 | 1,366,537 | ||||||||||
| Admin Expenses | 1,201,087 | 1,099,636 | 1,027,938 | 886,223 | ||||||||||
| Operating Profit | 337,614 | 111,106 | 220,011 | 480,314 | ||||||||||
| Interest Payable | 5 | |||||||||||||
| Interest Receivable | 3 | |||||||||||||
| Pre-Tax Profit | 337,614 | 111,109 | 220,006 | 480,314 | ||||||||||
| Tax | -81,190 | -46,175 | -58,996 | -40,883 | ||||||||||
| Profit After Tax | 256,424 | 64,934 | 161,010 | 439,431 | ||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 256,424 | 64,934 | 161,010 | 439,431 | ||||||||||
| Employee Costs | 723,788 | 638,173 | 581,977 | 574,066 | ||||||||||
| Number Of Employees | 22 | 21 | 21 | 21 | 18 | 15 | 14 | 14 | 12 | 11 | 9 | 9 | ||
| EBITDA* | 498,109 | 236,225 | 320,757 | 508,390 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,456,611 | 1,429,503 | 1,389,033 | 1,541,653 | 1,274,716 | 918,801 | 800,603 | 917,036 | 885,622 | 747,975 | 668,828 | 672,996 | 509,929 | 438,408 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 1,456,611 | 1,429,503 | 1,389,033 | 1,541,653 | 1,274,716 | 918,801 | 800,603 | 917,036 | 885,622 | 747,975 | 668,828 | 672,996 | 509,929 | 438,408 |
| Stock & work in progress | 1,570,080 | 1,242,341 | 1,417,320 | 1,071,503 | 1,036,573 | 957,558 | 1,001,319 | 1,005,565 | 998,869 | 1,107,192 | 1,066,808 | 987,126 | 1,030,760 | 797,552 |
| Trade Debtors | 1,226,120 | 662,418 | 388,663 | 748,100 | 895,268 | 755,556 | 483,356 | 444,063 | 504,471 | 380,560 | 355,597 | 313,142 | 267,766 | 258,143 |
| Group Debtors | 70,221 | |||||||||||||
| Misc Debtors | 85,352 | 68,194 | 88,755 | 22,176 | 115,618 | 29,360 | 33,752 | 35,719 | 29,969 | 36,212 | 56,409 | 26,875 | ||
| Cash | 1,161,993 | 392,818 | 979,777 | 567,171 | 674,915 | 476,829 | 565,095 | 487,255 | 650,569 | 381,487 | 474,442 | 520,681 | 371,890 | 340,984 |
| misc current assets | ||||||||||||||
| total current assets | 4,043,545 | 2,365,771 | 2,874,515 | 2,408,950 | 2,722,374 | 2,219,303 | 2,083,522 | 1,972,602 | 2,153,909 | 1,869,239 | 1,926,816 | 1,857,161 | 1,797,046 | 1,423,554 |
| total assets | 5,500,156 | 3,795,274 | 4,263,548 | 3,950,603 | 3,997,090 | 3,138,104 | 2,884,125 | 2,889,638 | 3,039,531 | 2,617,214 | 2,595,644 | 2,530,157 | 2,306,975 | 1,861,962 |
| Bank overdraft | 11,050 | 8,584 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 119,252 | 101,466 | 62,981 | 54,988 | 207,514 | 160,907 | 128,405 | 59,490 | 2,124,767 | 1,860,037 | 79,592 | 101,091 | 93,043 | 42,314 |
| Group/Directors Accounts | 4,598,625 | 2,840,935 | 3,640,631 | 2,512,903 | 2,642,763 | 1,808,233 | 1,920,956 | 1,788,053 | 1,733,454 | 2,039,960 | 1,903,496 | 1,709,539 | ||
| other short term finances | ||||||||||||||
| hp & lease commitments | 6,628 | |||||||||||||
| other current liabilities | 390,968 | 248,809 | 43,205 | 230,915 | 135,905 | 198,955 | 114,642 | 54,756 | 235,628 | 89,523 | 101,976 | 104,269 | ||
| total current liabilities | 5,108,845 | 3,191,210 | 3,746,817 | 2,798,806 | 2,997,232 | 2,168,095 | 2,164,003 | 1,908,927 | 2,124,767 | 1,860,037 | 2,048,674 | 2,230,574 | 2,107,099 | 1,856,122 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 26,438 | 79,142 | 43,445 | 84,076 | 97,226 | 108,246 | 73,138 | 137,599 | 120,052 | 81,635 | 58,762 | 67,799 | 33,026 | |
| total long term liabilities | 26,438 | 79,142 | 43,445 | 84,076 | 97,226 | 108,246 | 73,138 | 137,599 | 120,052 | 81,635 | 58,762 | 67,799 | 33,026 | |
| total liabilities | 5,135,283 | 3,270,352 | 3,790,262 | 2,882,882 | 3,094,458 | 2,276,341 | 2,237,141 | 2,046,526 | 2,244,819 | 1,941,672 | 2,107,436 | 2,298,373 | 2,140,125 | 1,856,122 |
| net assets | 364,873 | 524,922 | 473,286 | 1,067,721 | 902,632 | 861,763 | 646,984 | 843,112 | 794,712 | 675,542 | 488,208 | 231,784 | 166,850 | 5,840 |
| total shareholders funds | 364,873 | 524,922 | 473,286 | 1,067,721 | 902,632 | 861,763 | 646,984 | 843,112 | 794,712 | 675,542 | 488,208 | 231,784 | 166,850 | 5,840 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 337,614 | 111,106 | 220,011 | 480,314 | ||||||||||
| Depreciation | 366,467 | 345,866 | 328,283 | 289,991 | 217,032 | 199,192 | 196,680 | 150,773 | 173,858 | 160,495 | 125,119 | 100,746 | 28,076 | |
| Amortisation | ||||||||||||||
| Tax | -81,190 | -46,175 | -58,996 | -40,883 | ||||||||||
| Stock | 327,739 | -174,979 | 345,817 | 34,930 | 79,015 | -43,761 | -4,246 | 6,696 | -108,323 | 40,384 | 79,682 | -43,634 | 233,208 | 797,552 |
| Debtors | 580,860 | 253,194 | -292,858 | -240,610 | 225,970 | 267,808 | 37,326 | -24,689 | 123,911 | -5,006 | 36,212 | -45,042 | 109,378 | 285,018 |
| Creditors | 17,786 | 38,485 | 7,993 | -152,526 | 46,607 | 32,502 | 68,915 | -2,065,277 | 264,730 | 1,780,445 | -21,499 | 8,048 | 50,729 | 42,314 |
| Accruals and Deferred Income | 142,159 | 205,604 | -187,710 | 95,010 | -63,050 | 84,313 | 59,886 | 54,756 | -235,628 | 146,105 | -12,453 | -2,293 | 104,269 | |
| Deferred Taxes & Provisions | -52,704 | 35,697 | -40,631 | -13,150 | -11,020 | 35,108 | -64,461 | 17,547 | 38,417 | 22,873 | -9,037 | 34,773 | 33,026 | |
| Cash flow from operations | 416,594 | 309,094 | 637 | -468,480 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -11,743 | |||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | -11,743 | |||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 1,757,690 | -799,696 | 1,127,728 | -129,860 | 834,530 | -112,723 | 132,903 | 1,788,053 | -1,733,454 | -306,506 | 136,464 | 193,957 | 1,709,539 | |
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -6,628 | 6,628 | ||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 3 | -5 | ||||||||||||
| cash flow from financing | -306,506 | 136,467 | 193,952 | 1,275,948 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 769,175 | -586,959 | 412,606 | -107,744 | 198,086 | -88,266 | 77,840 | -163,314 | 269,082 | -92,955 | -46,239 | 148,791 | 30,906 | 340,984 |
| overdraft | -11,050 | 11,050 | -8,584 | 8,584 | ||||||||||
| change in cash | 769,175 | -586,959 | 412,606 | -96,694 | 187,036 | -88,266 | 77,840 | -163,314 | 269,082 | -92,955 | -46,239 | 157,375 | 22,322 | 340,984 |
exactech (uk) limited Credit Report and Business Information
Exactech (uk) Limited Competitor Analysis
Perform a competitor analysis for exactech (uk) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in B97 area or any other competitors across 12 key performance metrics.
exactech (uk) limited Ownership
EXACTECH (UK) LIMITED group structure
Exactech (Uk) Limited has no subsidiary companies.
Ultimate parent company
EXACTECH INC
#0038455
EXACTECH INTERNATIONAL OPERATION AG
#0103426
2 parents
EXACTECH (UK) LIMITED
05316864
exactech (uk) limited directors
Exactech (Uk) Limited currently has 3 directors. The longest serving directors include Mr Darin Johnson (Mar 2023) and Mr Nicolas Hohl (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darin Johnson | United States | 49 years | Mar 2023 | - | Director |
| Mr Nicolas Hohl | Switzerland | 41 years | Apr 2024 | - | Director |
| Mr Richard Andrews Jr. | Switzerland | 44 years | Apr 2024 | - | Director |
P&L
December 2022turnover
5.5m
+52%
operating profit
-187.3k
0%
gross margin
38.4%
+0.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
364.9k
-0.3%
total assets
5.5m
+0.45%
cash
1.2m
+1.96%
net assets
Total assets minus all liabilities
exactech (uk) limited company details
company number
05316864
Type
Private limited with Share Capital
industry
32500 - Manufacture of medical and dental instruments and supplies
incorporation date
December 2004
age
21
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
AZETS AUDIT SERVICES
auditor
-
address
prospect house, fishing line road, redditch, worcestershire, B97 6EW
Bank
-
Legal Advisor
-
exactech (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 exactech (uk) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
exactech (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.
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exactech (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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