Aesseal Marine Plc

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aesseal marine plc Company Information

Live

EstablishedSmallLow

Company Number

05426346

Website

www.first4seals.com

Registered Address

aesseal plc, global technology centre, rotherham, south yorkshire, S60 1BZ

Industry

Other manufacturing n.e.c.

Telephone

01274720775

Next Accounts Due

June 2024

Group Structure

View All

Directors

Claire Dickinson4 Years

Aaron Stephenson1 Years

Shareholders

aes engineering ltd 100%

aesseal marine plc Estimated Valuation

£611.8k - £714.2k

The estimated valuation range for aesseal marine plc, derived from financial data as of December 2022 and the most recent industry multiples, is between £611.8k to £714.2k

Get a detailed valuation report, edit figures and unlock valuation multiples.

Aesseal Marine Plc AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

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Aesseal Marine Plc is a live company located in rotherham, S60 1BZ with a Companies House number of 05426346. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in April 2005, it's largest shareholder is aes engineering ltd with a 100% stake. Aesseal Marine Plc is a established, small sized company, Pomanda has estimated its turnover at £1m with low growth in recent years.

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Pomanda's financial health check has awarded Aesseal Marine Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

2 Regular

7 Weak

Size

annual sales of £1m, make it smaller than the average company (£13.5m)

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.4%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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AESSEAL MARINE PLC group structure

Aesseal Marine Plc has no subsidiary companies.

Ultimate parent company

A.E.S. ENGINEERING LIMITED

00392743

1 parent

AESSEAL MARINE PLC

05426346

AESSEAL MARINE PLC Shareholders

aes engineering ltd

100%

Aesseal Marine Plc currently has 2 directors. The longest serving directors include Mrs Claire Dickinson (Jul 2019) and Mr Aaron Stephenson (Jan 2023).

officer	country	age	start	end	role
Mrs Claire Dickinson		39 years	Jul 2019	-	Director
Mr Aaron Stephenson	England	31 years	Jan 2023	-	Director

EXPORT

Aesseal Marine Plc's latest turnover from December 2022 is £1 million and the company has net assets of £293 thousand. According to their latest financial statements, Aesseal Marine Plc has 9 employees and maintains cash reserves of £175.2 thousand 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	1,046,822	980,477	950,428	1,022,520	1,024,277	953,478	1,002,788	1,004,980	891,339	863,362	792,265	764,302	682,721	589,538
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	737,744	693,125	679,517	722,800	720,016	657,794	687,973	689,933	614,173	594,213	401,022	522,969	466,240	0
Gross Profit	309,078	287,352	270,911	299,720	304,261	295,684	314,815	315,047	277,166	269,149	391,243	241,333	216,481	0
Admin Expenses	237,784	168,210	150,010	295,949	363,452	360,380	314,113	309,430	278,040	283,003	413,268	210,304	211,962	62,848
Operating Profit	71,294	119,142	120,901	3,771	-59,191	-64,696	702	5,617	-874	-13,854	-22,025	31,029	4,519	-62,848
Interest Payable	20,552	16,814	20,150	28,102	21,991	13,608	3,836	10,413	11,946	12,788	14,112	14,625	16,925	11,910
Interest Receivable	0	0	0	0	0	0	0	0	48	0	0	562	0	0
Pre-Tax Profit	50,742	102,328	100,751	-24,331	-81,182	-78,835	2,751	25,682	-15,773	-25,492	-39,541	16,966	-12,406	-78,947
Tax	-35,579	-25,269	-19,572	4,523	15,185	14,962	2,263	338	-338	3,492	8,133	-8,216	0	0
Profit After Tax	15,163	77,059	81,179	-19,808	-65,997	-63,873	5,014	26,020	-16,111	-22,000	-31,408	8,750	-12,406	-78,947
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	15,163	77,059	81,179	-19,808	-65,997	-63,873	5,014	26,020	-16,111	-22,000	-31,408	8,750	-12,406	-78,947
Employee Costs	269,693	235,407	212,789	316,156	374,698	321,136	348,850	337,604	329,929	301,651	304,462	240,260	233,414	289,719
Number Of Employees	9	12	12	14	15	15	16	18	15	15	13	11	10	12
EBITDA*	135,630	189,022	194,924	82,460	11,988	-4,809	36,566	20,690	20,426	8,021	66	60,050	34,477	-32,857

* 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	382,088	407,810	473,715	543,049	552,068	536,211	329,169	72,825	170,159	201,564	207,061	220,038	273,323	305,021
Intangible Assets	2,722	2,722	2,722	2,722	2,722	2,722	2,722	2,722	2,722	2,722	2,722	2,722	2,722	2,722
Investments & Other	0	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	0
Total Fixed Assets	384,810	410,532	476,437	545,771	554,790	538,933	331,891	75,547	172,881	204,286	209,783	222,760	276,045	307,743
Stock & work in progress	318,784	316,627	340,577	355,591	348,790	344,043	251,042	183,498	211,767	212,150	265,008	215,237	216,808	231,752
Trade Debtors	110,257	129,484	118,232	127,500	163,364	140,634	156,087	132,749	148,897	128,449	126,717	123,794	90,920	94,696
Group Debtors	7,765	152,877	24,376	10,141	10,240	10,057	7,850	21,339	20,898	23,243	31,822	33,227	17,031	12,684
Misc Debtors	12,863	29,841	28,745	86,308	49,649	35,994	14,648	14,310	7,277	17,361	21,013	12,776	5,174	5,226
Cash	175,183	88,296	139,185	136,603	62,895	22,574	18,186	26,225	17,124	71,031	49,732	89,213	33,641	33,376
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	624,852	717,125	651,115	716,143	634,938	553,302	447,813	378,121	405,963	452,234	494,292	474,247	363,574	377,734
total assets	1,009,662	1,127,657	1,127,552	1,261,914	1,189,728	1,092,235	779,704	453,668	578,844	656,520	704,075	697,007	639,619	685,477
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	2,418	10,799	14,212	10,062	19,275	26,675	27,748	53,143	13,731	20,120	18,470	26,929	15,500	12,690
Group/Directors Accounts	140,052	25,936	104,797	165,384	50,486	116,431	441,738	51,733	62,444	78,890	112,303	94,242	66,333	37,211
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	59,354	63,281	62,761	53,759	45,133	38,608	40,937	59,525	39,422	53,152	46,944	18,070	8,770	27,812
total current liabilities	201,824	100,016	181,770	229,205	114,894	181,714	510,423	164,401	115,597	152,162	177,717	139,241	90,603	77,713
loans	490,734	725,000	725,000	900,000	925,000	700,000	0	25,000	375,000	400,000	400,000	400,000	400,000	446,342
hp & lease commitments	0	0	0	0	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	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	24,100	24,800	20,000	13,106	10,423	5,113	0	0	0	0	0	0	0	0
total long term liabilities	514,834	749,800	745,000	913,106	935,423	705,113	0	25,000	375,000	400,000	400,000	400,000	400,000	446,342
total liabilities	716,658	849,816	926,770	1,142,311	1,050,317	886,827	510,423	189,401	490,597	552,162	577,717	539,241	490,603	524,055
net assets	293,004	277,841	200,782	119,603	139,411	205,408	269,281	264,267	88,247	104,358	126,358	157,766	149,016	161,422
total shareholders funds	293,004	277,841	200,782	119,603	139,411	205,408	269,281	264,267	88,247	104,358	126,358	157,766	149,016	161,422

	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	71,294	119,142	120,901	3,771	-59,191	-64,696	702	5,617	-874	-13,854	-22,025	31,029	4,519	-62,848
Depreciation	64,336	69,880	74,023	78,689	71,179	59,887	35,864	15,073	21,300	21,875	22,091	29,021	29,958	29,991
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-35,579	-25,269	-19,572	4,523	15,185	14,962	2,263	338	-338	3,492	8,133	-8,216	0	0
Stock	2,157	-23,950	-15,014	6,801	4,747	93,001	67,544	-28,269	-383	-52,858	49,771	-1,571	-14,944	231,752
Debtors	-181,317	140,849	-52,596	696	36,568	8,100	10,187	-8,674	8,019	-10,499	9,755	56,672	519	112,606
Creditors	-8,381	-3,413	4,150	-9,213	-7,400	-1,073	-25,395	39,412	-6,389	1,650	-8,459	11,429	2,810	12,690
Accruals and Deferred Income	-3,927	520	9,002	8,626	6,525	-2,329	-18,588	20,103	-13,730	6,208	28,874	9,300	-19,042	27,812
Deferred Taxes & Provisions	-700	4,800	6,894	2,683	5,310	5,113	0	0	0	0	0	0	0	0
Cash flow from operations	266,203	48,761	263,008	81,582	-9,707	-89,237	-82,885	117,486	-7,667	82,728	-30,912	17,462	32,670	-336,713
Investing Activities
capital expenditure	-38,614	-3,975	-4,689	-69,670	-87,036	-266,929	-290,208	115,290	0	-16,378	-9,114	24,264	1,740	-337,734
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-38,614	-3,975	-4,689	-69,670	-87,036	-266,929	-290,208	115,290	0	-16,378	-9,114	24,264	1,740	-337,734
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	114,116	-78,861	-60,587	114,898	-65,945	-325,307	390,005	-10,711	-16,446	-33,413	18,061	27,909	29,122	37,211
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-234,266	0	-175,000	-25,000	225,000	700,000	-25,000	-350,000	-25,000	0	0	0	-46,342	446,342
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	150,000	0	0	0	0	0	240,369
interest	-20,552	-16,814	-20,150	-28,102	-21,991	-13,608	-3,836	-10,413	-11,898	-12,788	-14,112	-14,063	-16,925	-11,910
cash flow from financing	-140,702	-95,675	-255,737	61,796	137,064	361,085	361,169	-221,124	-53,344	-46,201	3,949	13,846	-34,145	712,012
cash and cash equivalents
cash	86,887	-50,889	2,582	73,708	40,321	4,388	-8,039	9,101	-53,907	21,299	-39,481	55,572	265	33,376
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	86,887	-50,889	2,582	73,708	40,321	4,388	-8,039	9,101	-53,907	21,299	-39,481	55,572	265	33,376

P&L

December 2022

turnover

+7%

operating profit

71.3k

-40%

gross margin

29.6%

+0.74%

turnover

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

Balance Sheet

December 2022

net assets

293k

+0.05%

total assets

-0.1%

cash

175.2k

+0.98%

net assets

Total assets minus all liabilities

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company number

05426346

Type

Public limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

April 2005

age

accounts

Full Accounts

ultimate parent company

A.E.S. ENGINEERING LIMITED

previous names

first4seals plc (November 2019)

incorporated

address

aesseal plc, global technology centre, rotherham, south yorkshire, S60 1BZ

last accounts submitted

December 2022

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 aesseal marine plc. Currently there are 2 open charges and 0 have been satisfied in the past.

aesseal marine plc Company Information

aesseal marine plc Estimated Valuation

aesseal marine plc Estimated Valuation

aesseal marine plc Estimated Valuation

Aesseal Marine Plc AI Business Plan

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AESSEAL MARINE PLC financials

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