Pomanda estimates the enterprise value of 2 EXCEL AVIATION LIMITED at £120m based on a Turnover of £72.3m and 1.66x industry multiple (adjusted for size and gross margin).
2 excel aviation limitedEstimated Valuation
£151m
Pomanda estimates the enterprise value of 2 EXCEL AVIATION LIMITED at £151m based on an EBITDA of £12.4m and a 12.14x industry multiple (adjusted for size and gross margin).
2 excel aviation limitedEstimated Valuation
£37.7m
Pomanda estimates the enterprise value of 2 EXCEL AVIATION LIMITED at £37.7m based on Net Assets of £17.7m and 2.13x industry multiple (adjusted for liquidity).
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2 Excel Aviation LimitedOverview
2 Excel Aviation Limited is a live company located in northampton, NN6 0BN with a Companies House number of 05391365. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2005, it's largest shareholder is
2 excel (holdings) limited
with a 100% stake. 2 Excel Aviation Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£72.3m with
high
growth in recent years.
Pomanda's financial health check has awarded 2 Excel Aviation Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
9 Strong
2 Regular
1 Weak
Size
annual sales of £72.3m, make it larger than the average company (£3.1m)
£72.3m - 2 Excel Aviation Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (4.1%)
30% - 2 Excel Aviation Limited
4.1% - Industry AVG
Production
with a gross margin of 64.4%, this company has a lower cost of product (38.7%)
64.4% - 2 Excel Aviation Limited
38.7% - Industry AVG
Profitability
an operating margin of 14.2% make it more profitable than the average company (6.5%)
14.2% - 2 Excel Aviation Limited
6.5% - Industry AVG
Employees
with 292 employees, this is above the industry average (20)
292 - 2 Excel Aviation Limited
20 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£44.8k)
£46.9k - 2 Excel Aviation Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £247.6k, this is more efficient (£141.1k)
£247.6k - 2 Excel Aviation Limited
£141.1k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (40 days)
26 days - 2 Excel Aviation Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (34 days)
86 days - 2 Excel Aviation Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (30 days)
0 days - 2 Excel Aviation Limited
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 28 weeks, this is average cash available to meet short term requirements (27 weeks)
28 weeks - 2 Excel Aviation Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a higher level of debt than the average (60.4%)
71.4% - 2 Excel Aviation Limited
60.4% - Industry AVG
2 EXCEL AVIATION LIMITED financials
EXPORT
2 Excel Aviation Limited's latest turnover from March 2023 is £72.3 million and the company has net assets of £17.7 million. According to their latest financial statements, 2 Excel Aviation Limited has 292 employees and maintains cash reserves of £8.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2023
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
72,296,053
39,326,885
28,265,914
32,992,959
25,324,437
17,889,204
16,821,042
14,188,185
10,904,272
8,484,921
5,572,852
1,492,916
1,126,185
933,258
Other Income Or Grants
Cost Of Sales
25,755,986
13,901,048
8,534,186
11,091,247
8,519,735
4,152,321
4,341,289
5,143,930
3,453,941
2,638,088
4,616,070
1,223,501
917,671
752,453
Gross Profit
46,540,067
25,425,837
19,731,728
21,901,712
16,804,702
13,736,883
12,479,753
9,044,255
7,450,331
5,846,833
956,782
269,415
208,514
180,805
Admin Expenses
36,238,518
21,316,961
19,321,566
18,088,410
13,552,601
11,574,185
9,452,322
7,004,722
6,758,825
4,775,234
217,843
-133,982
-129,764
674,557
Operating Profit
10,301,549
4,108,876
410,162
3,813,302
3,252,101
2,162,698
3,027,431
2,039,533
691,506
1,071,599
738,939
403,397
338,278
-493,752
Interest Payable
4,280,543
3,402,595
1,813,789
1,491,384
1,372,124
1,327,916
555,444
190,521
193,129
68,228
Interest Receivable
99
207
91
105
65
42
Pre-Tax Profit
6,021,006
706,380
-1,403,420
2,321,918
1,879,977
834,782
2,448,725
1,825,277
492,676
1,003,371
739,030
403,503
338,343
-493,710
Tax
519,728
480,096
-237
-1,263
-1,417
-177,367
-104,911
-94,736
Profit After Tax
6,021,006
706,380
-883,692
2,802,014
1,879,977
834,782
2,448,488
1,824,014
491,259
1,003,371
561,663
298,592
243,607
-493,710
Dividends Paid
300,000
300,000
300,000
260,000
180,000
Retained Profit
6,021,006
706,380
-883,692
2,802,014
1,879,977
534,782
2,374,839
1,524,014
231,259
823,371
561,663
298,592
243,607
-493,710
Employee Costs
13,693,334
12,060,651
9,866,665
8,140,004
7,311,117
5,051,547
4,856,558
4,282,449
3,745,710
2,355,105
660,992
173,571
136,943
141,556
Number Of Employees
292
243
216
183
164
129
90
78
58
41
19
5
4
4
EBITDA*
12,430,735
6,199,106
2,897,550
6,171,365
5,501,956
4,568,535
4,450,548
2,781,899
1,377,401
1,663,792
1,189,054
656,198
493,911
-361,989
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023
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
23,991,595
12,163,795
11,394,046
13,034,625
13,264,280
13,353,998
10,489,710
5,419,989
4,457,411
3,542,565
2,604,877
1,508,855
958,078
813,676
Intangible Assets
1,582,185
331,004
704,563
1,099,789
1,065,415
1,453,598
3,354,402
1,093,475
124,510
Investments & Other
419,266
428,516
428,516
426,796
426,796
1,632,152
1,834,260
144,139
131,559
385
74
11,393
9,482
Debtors (Due After 1 year)
Total Fixed Assets
25,993,046
12,923,315
12,527,125
14,561,210
14,756,491
16,439,748
15,678,372
6,657,603
4,713,480
3,542,950
2,604,951
1,520,248
967,560
813,676
Stock & work in progress
2,500
2,500
2,500
2,500
2,500
2,500
328,837
Trade Debtors
5,332,662
5,048,264
1,838,889
3,588,717
766,896
1,063,145
2,453,566
388,011
584,662
831,332
1,184,493
186,147
156,719
84,341
Group Debtors
13,814,549
16,889,418
17,235,683
3,906,962
4,432,866
1,578,375
1,233,499
1,732,748
1,413,689
835,500
Misc Debtors
7,793,863
5,940,044
6,447,095
11,003,293
7,294,854
3,700,598
3,973,292
1,273,573
444,689
322,337
Cash
8,811,421
1,558,457
3,457,161
20,408
18,805
3,174
25,328
208,283
59,990
2,315
3,343
32,977
9,211
16,730
misc current assets
total current assets
35,754,995
29,438,683
28,981,328
18,521,880
12,515,921
6,347,792
8,014,522
3,602,615
2,503,030
1,991,484
1,187,836
219,124
165,930
101,071
total assets
61,748,041
42,361,998
41,508,453
33,083,090
27,272,412
22,787,540
23,692,894
10,260,218
7,216,510
5,534,434
3,792,787
1,739,372
1,133,490
914,747
Bank overdraft
487,053
480,958
629,586
243,010
75,181
181,820
694,885
639,254
455,277
Bank loan
Trade Creditors
6,138,300
1,676,854
1,900,723
4,603,941
1,815,388
1,453,622
3,203,330
1,881,395
1,718,312
1,107,494
1,704,914
825,334
637,494
676,006
Group/Directors Accounts
1,737,110
201,700
191,658
8,250
208,921
other short term finances
1,057,733
hp & lease commitments
2,054,504
other current liabilities
7,153,094
3,469,115
3,453,296
2,778,868
2,955,375
1,182,533
1,884,742
1,144,952
800,421
894,002
total current liabilities
15,832,951
5,626,927
7,091,129
8,214,095
5,205,431
2,719,586
5,269,892
4,778,965
3,366,908
2,456,773
1,704,914
825,334
637,494
676,006
loans
26,976,922
25,805,511
24,194,144
13,643,073
12,387,247
1,820,337
1,712,700
1,172,018
hp & lease commitments
1,279,592
Accruals and Deferred Income
other liabilities
13,762,123
13,762,123
1,005,601
393,429
273,979
260,351
provisions
total long term liabilities
28,256,514
25,805,511
24,194,144
13,762,123
13,762,123
13,643,073
12,387,247
1,820,337
1,712,700
1,172,018
1,005,601
393,429
273,979
260,351
total liabilities
44,089,465
31,432,438
31,285,273
21,976,218
18,967,554
16,362,659
17,657,139
6,599,302
5,079,608
3,628,791
2,710,515
1,218,763
911,473
936,357
net assets
17,658,576
10,929,560
10,223,180
11,106,872
8,304,858
6,424,881
6,035,755
3,660,916
2,136,902
1,905,643
1,082,272
520,609
222,017
-21,610
total shareholders funds
17,658,576
10,929,560
10,223,180
11,106,872
8,304,858
6,424,881
6,035,755
3,660,916
2,136,902
1,905,643
1,082,272
520,609
222,017
-21,610
Mar 2023
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
10,301,549
4,108,876
410,162
3,813,302
3,252,101
2,162,698
3,027,431
2,039,533
691,506
1,071,599
738,939
403,397
338,278
-493,752
Depreciation
2,044,675
1,716,671
2,092,162
1,969,880
1,861,672
2,047,041
1,165,936
736,366
685,895
592,193
450,115
252,801
155,633
131,763
Amortisation
84,511
373,559
395,226
388,183
388,183
358,796
257,181
6,000
Tax
519,728
480,096
-237
-1,263
-1,417
-177,367
-104,911
-94,736
Stock
-326,337
328,837
Debtors
-936,652
2,356,059
7,022,695
6,004,356
6,152,498
-1,318,239
4,266,025
951,292
453,871
804,676
998,346
29,428
72,378
84,341
Creditors
4,461,446
-223,869
-2,703,218
2,788,553
361,766
-1,749,708
1,321,935
163,083
610,818
-597,420
879,580
187,840
-38,512
676,006
Accruals and Deferred Income
3,683,979
15,819
674,428
-176,507
1,772,842
-702,209
739,790
344,531
-93,581
894,002
Deferred Taxes & Provisions
Cash flow from operations
21,512,812
3,634,997
-5,634,207
3,259,151
1,484,066
3,761,194
1,917,174
2,336,958
1,439,350
1,155,698
892,921
709,699
288,285
229,676
Investing Activities
capital expenditure
-6,096,764
-5,983,698
-2,799,215
-1,900,177
-1,530,192
-1,546,137
-803,578
-300,035
-945,439
Change in Investments
-9,250
1,720
-1,205,356
-202,108
1,690,121
12,580
131,174
311
-11,319
1,911
9,482
cash flow from investments
9,250
-1,720
1,205,356
-5,894,656
-7,673,819
-2,811,795
-2,031,351
-1,530,503
-1,534,818
-805,489
-309,517
-945,439
Financing Activities
Bank loans
Group/Directors Accounts
-1,737,110
1,535,410
10,042
183,408
8,250
-208,921
208,921
Other Short Term Loans
-1,057,733
1,057,733
Long term loans
1,171,411
1,611,367
24,194,144
-13,643,073
1,255,826
10,566,910
107,637
540,682
1,172,018
Hire Purchase and Lease Commitments
3,334,096
other long term liabilities
-13,762,123
13,762,123
-1,005,601
612,172
119,450
13,628
260,351
share issue
708,010
-145,656
20
472,100
interest
-4,280,543
-3,402,496
-1,813,582
-1,491,384
-1,372,124
-1,327,916
-555,444
-190,521
-193,129
-68,228
91
105
65
42
cash flow from financing
932,974
-3,528,239
10,153,849
-1,481,342
-1,069,666
-209,496
8,953,733
765,928
556,474
98,189
612,263
119,555
13,713
732,493
cash and cash equivalents
cash
7,252,964
-1,898,704
3,436,753
1,603
15,631
-22,154
-182,955
148,293
57,675
-1,028
-29,634
23,766
-7,519
16,730
overdraft
6,095
480,958
-629,586
386,576
167,829
-106,639
-513,065
55,631
183,977
455,277
change in cash
7,246,869
-2,379,662
4,066,339
-384,973
-152,198
84,485
330,110
92,662
-126,302
-456,305
-29,634
23,766
-7,519
16,730
2 excel aviation 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 2 excel aviation limited. Get real-time insights into 2 excel aviation limited's credit score, group structure and payment trends.
Perform a competitor analysis for 2 excel aviation limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in NN6 area or any other competitors across 12 key performance metrics.
2 excel aviation limited Ownership
2 EXCEL AVIATION LIMITED group structure
2 Excel Aviation Limited has 9 subsidiary companies.
The sole shareholder of 2 Excel Aviation Limited is 2 Excel (Holdings) Limited.
2 excel (holdings) limited
100%
2 excel aviation limited directors
2 Excel Aviation Limited currently has 4 directors.
The longest serving directors include
Mr Christopher Norton (Mar 2005) and
Mr Andrew Offer (Mar 2005).
82990 - Other business support service activities n.e.c.
incorporation date
March 2005
age
20
incorporated
UK
ultimate parent company
None
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
N/A
accountant
SPIERS & CO
auditor
-
address
hall farm 2 sywell aerodrome, sywell, northampton, NN6 0BN
Bank
-
Legal Advisor
-
2 excel aviation 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 97 charges/mortgages relating to 2 excel aviation limited. Currently there are 15 open charges and 82 have been satisfied in the past.
2 excel aviation 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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2 excel aviation limitedCompanies House Filings - See Documents
