Pomanda estimates the enterprise value of SITEC ENGINEERING LIMITED at £5.8m based on a Turnover of £10m and 0.58x industry multiple (adjusted for size and gross margin).
sitec engineering limitedEstimated Valuation
£17.6m
Pomanda estimates the enterprise value of SITEC ENGINEERING LIMITED at £17.6m based on an EBITDA of £3.8m and a 4.68x industry multiple (adjusted for size and gross margin).
sitec engineering limitedEstimated Valuation
£56.6m
Pomanda estimates the enterprise value of SITEC ENGINEERING LIMITED at £56.6m based on Net Assets of £28.6m and 1.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sitec Engineering LimitedOverview
Sitec Engineering Limited is a live company located in london, EC2M 4AG with a Companies House number of 06426920. It operates in the activities of head offices sector, SIC Code 70100. Founded in November 2007, it's largest shareholder is
sitec holdings ltd
with a 100% stake. Sitec Engineering Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£10m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Sitec Engineering Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
2 Weak
Size
annual sales of £10m, make it in line with the average company (£10.3m)
£10m - Sitec Engineering Limited
£10.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8%)
12% - Sitec Engineering Limited
8% - Industry AVG
Production
with a gross margin of 40.4%, this company has a comparable cost of product (40.7%)
40.4% - Sitec Engineering Limited
40.7% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (6.6%)
13.9% - Sitec Engineering Limited
6.6% - Industry AVG
Employees
with 14 employees, this is below the industry average (57)
14 - Sitec Engineering Limited
57 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
£45.4k - Sitec Engineering Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £711.2k, this is more efficient (£157.3k)
£711.2k - Sitec Engineering Limited
£157.3k - Industry AVG
Debtor Days
it gets paid by customers after 151 days, this is later than average (58 days)
151 days - Sitec Engineering Limited
58 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Sitec Engineering Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sitec Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sitec Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.4%, this is a lower level of debt than the average (57.1%)
3.4% - Sitec Engineering Limited
57.1% - Industry AVG
SITEC ENGINEERING LIMITED financials
EXPORT
Sitec Engineering Limited's latest turnover from December 2023 is £10 million and the company has net assets of £28.6 million. According to their latest financial statements, Sitec Engineering Limited has 14 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
9,956,294
12,081,454
8,396,000
7,050,000
20,429,000
13,423,000
15,118,000
6,344,000
68,926,000
70,240,000
72,569,000
72,019,000
74,330,179
83,802,024
Other Income Or Grants
Cost Of Sales
5,933,166
9,547,797
6,436,000
5,554,000
15,004,000
10,038,000
10,953,000
4,531,000
57,768,000
59,336,000
61,417,000
60,174,000
61,943,598
71,835,064
Gross Profit
4,023,128
2,533,657
1,960,000
1,496,000
5,425,000
3,385,000
4,165,000
1,813,000
11,158,000
10,904,000
11,152,000
11,845,000
12,386,581
11,966,960
Admin Expenses
2,641,612
3,761,507
3,568,000
4,433,000
6,388,000
10,046,000
-18,399,000
753,000
38
5,608,000
3,852,000
7,209,000
6,105,000
7,700,643
6,079,652
Operating Profit
1,381,516
-1,227,850
-1,608,000
-2,937,000
-963,000
-6,661,000
22,564,000
1,060,000
-38
5,550,000
7,052,000
3,943,000
5,740,000
4,685,938
5,887,308
Interest Payable
25,092
1,129
56,000
116,000
127,000
129,260
193,889
Interest Receivable
40
3,000
33,000
31,000
3,000
217
98,000
287,000
164,000
132,000
123,920
39,039
Pre-Tax Profit
1,356,464
-1,228,979
-1,608,000
-2,934,000
-930,000
-6,602,000
22,567,000
24,308,000
4,050,179
6,687,000
8,131,000
4,415,000
5,869,000
4,680,598
5,713,708
Tax
-595,249
20,765
-79,000
20,000
-512,000
94,000
5,000
-206,000
15
-472,000
-108,000
-979,000
-1,695,000
-1,502,729
-1,661,411
Profit After Tax
761,215
-1,208,214
-1,687,000
-2,914,000
-1,442,000
-6,508,000
22,572,000
24,102,000
4,050,194
6,215,000
8,023,000
3,436,000
4,174,000
3,177,869
4,052,297
Dividends Paid
33,233,000
4,003,300
5,500,000
14,000,000
Retained Profit
761,215
-1,208,214
-1,687,000
-2,914,000
-1,442,000
-6,508,000
22,572,000
-9,131,000
46,894
715,000
-5,977,000
3,436,000
4,174,000
3,177,869
4,052,297
Employee Costs
635,879
2,066,628
1,438,000
1,706,000
3,140,000
2,044,000
2,336,000
606,000
12,422,000
14,221,000
17,602,000
19,943,000
23,622,710
32,289,496
Number Of Employees
14
49
30
41
46
53
61
19
1
286
312
365
425
414
619
EBITDA*
3,760,810
-1,225,375
958,000
-393,000
2,662,000
-4,116,000
25,111,000
1,885,000
-38
5,687,000
7,177,000
4,081,000
5,911,000
4,904,728
6,131,414
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
166,573
275,491
175,000
137,000
177,000
205,000
264,000
323,000
313,000
357,000
443,000
510,418
628,110
Intangible Assets
2,270,376
4,745,000
7,220,000
9,694,000
13,200,000
21,447,000
23,922,000
21,494,000
21,494,000
21,575,000
21,494,000
21,681,312
21,681,312
Investments & Other
40,001
40,001
40,000
40,000
40,000
40,000
40,000
40,000
31,480,837
1,825,000
2,025,000
9,503,000
9,224,000
256,375
15,000
Debtors (Due After 1 year)
1,250,000
Total Fixed Assets
206,574
2,585,868
4,960,000
7,397,000
9,911,000
13,445,000
21,751,000
23,962,000
31,480,837
23,642,000
23,832,000
32,685,000
31,161,000
22,448,105
22,324,422
Stock & work in progress
Trade Debtors
4,119,947
4,575,993
2,745,000
1,149,000
3,778,000
3,750,000
3,530,000
11,629,000
12,833,000
13,864,000
15,922,000
15,916,471
15,700,011
Group Debtors
25,133,793
22,490,811
20,453,000
21,461,000
19,985,000
3,864,000
299,000
Misc Debtors
196,599
671,906
1,409,000
1,276,000
419,000
9,158,000
14,562,000
18,254,000
1,331,000
1,870,000
1,680,000
3,187,000
3,225,140
4,317,302
Cash
47,000
210,000
395,000
5,081,000
2,768,000
18,000
7,841
6,729,000
11,260,000
11,355,000
6,504,000
8,680,009
11,366,353
misc current assets
1,000,000
11,045,000
2,771,000
total current assets
29,450,339
27,738,710
24,654,000
24,096,000
24,577,000
22,853,000
20,860,000
18,272,000
7,841
30,734,000
29,033,000
26,899,000
25,613,000
27,821,620
31,383,666
total assets
29,656,913
30,324,578
29,614,000
31,493,000
34,488,000
36,298,000
42,611,000
42,234,000
31,488,678
54,376,000
52,865,000
59,584,000
56,774,000
50,269,725
53,708,088
Bank overdraft
685,000
163,512
976,120
Bank loan
Trade Creditors
35,938
278,000
151,000
317,000
168,000
2,323,000
2,820,000
3,370,000
2,134,000
2,408,466
3,243,714
Group/Directors Accounts
383,949
332,459
17,000
36,000
28,000
22,959,000
3,038,620
4,449,000
other short term finances
hp & lease commitments
other current liabilities
602,053
2,023,280
502,000
432,000
629,000
812,000
771,000
206,000
249,980
3,037,000
3,361,000
3,313,000
5,109,000
5,929,967
10,898,343
total current liabilities
986,002
2,391,677
502,000
710,000
797,000
1,165,000
967,000
23,165,000
3,288,600
9,809,000
6,181,000
6,683,000
7,928,000
8,501,945
15,118,177
loans
2,997,000
2,997,000
2,997,000
1,000,000
1,000,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
27,817
51,022
22,000
6,000
3,000
1,891,000
1,709,000
1,962,000
1,333,000
total long term liabilities
27,817
51,022
22,000
6,000
3,000
1,891,000
4,706,000
4,959,000
4,330,000
1,000,000
1,000,000
total liabilities
1,013,819
2,442,699
524,000
716,000
797,000
1,165,000
970,000
23,165,000
3,288,600
11,700,000
10,887,000
11,642,000
12,258,000
9,501,945
16,118,177
net assets
28,643,094
27,881,879
29,090,000
30,777,000
33,691,000
35,133,000
41,641,000
19,069,000
28,200,078
42,676,000
41,978,000
47,941,000
44,515,000
40,767,780
37,589,911
total shareholders funds
28,643,094
27,881,879
29,090,000
30,777,000
33,691,000
35,133,000
41,641,000
19,069,000
28,200,078
42,676,000
41,978,000
47,941,000
44,515,000
40,767,780
37,589,911
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
1,381,516
-1,227,850
-1,608,000
-2,937,000
-963,000
-6,661,000
22,564,000
1,060,000
-38
5,550,000
7,052,000
3,943,000
5,740,000
4,685,938
5,887,308
Depreciation
108,918
91,000
70,000
119,000
70,000
72,000
137,000
125,000
138,000
171,000
218,790
227,606
Amortisation
2,270,376
2,475
2,475,000
2,474,000
3,506,000
2,475,000
2,475,000
825,000
16,500
Tax
-595,249
20,765
-79,000
20,000
-512,000
94,000
5,000
-206,000
15
-472,000
-108,000
-979,000
-1,695,000
-1,502,729
-1,661,411
Stock
Debtors
1,711,629
3,131,710
721,000
-296,000
7,410,000
-1,320,000
-162,000
18,254,000
-12,960,000
-2,042,000
-1,792,000
-2,315,000
-32,611
-875,702
20,017,313
Creditors
-35,938
35,938
-278,000
127,000
-166,000
149,000
168,000
-2,323,000
-497,000
-550,000
1,236,000
-274,466
-835,248
3,243,714
Accruals and Deferred Income
-1,421,227
1,521,280
70,000
-197,000
-183,000
41,000
565,000
-43,980
-2,787,020
-324,000
48,000
-1,796,000
-820,967
-4,968,376
10,898,343
Deferred Taxes & Provisions
-23,205
29,022
16,000
6,000
-3,000
3,000
-1,891,000
182,000
-253,000
629,000
1,333,000
Cash flow from operations
-26,438
-2,750,080
-34,000
-141,000
-5,609,000
-2,515,000
26,014,000
-16,618,980
5,958,957
6,618,000
8,106,000
5,486,000
4,486,178
-1,525,923
-1,405,253
Investing Activities
capital expenditure
2,371,658
-129,000
-30,000
-91,000
5,761,000
-336,000
-24,747,000
21,817,000
-150,000
-3,507,000
-482,000
-9,080,000
-360,093
-214,569
Change in Investments
1
-31,440,837
29,655,837
-200,000
-7,478,000
279,000
8,967,625
241,375
15,000
cash flow from investments
2,371,657
-129,000
-30,000
-91,000
5,761,000
-336,000
6,693,837
-7,838,837
50,000
3,971,000
-761,000
-18,047,625
-601,468
-229,569
Financing Activities
Bank loans
Group/Directors Accounts
51,490
332,459
-17,000
-19,000
8,000
-22,931,000
19,920,380
-1,410,380
4,449,000
Other Short Term Loans
Long term loans
-2,997,000
1,997,000
1,000,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
93
-78
-14,522,816
-17,000
14,000
-10,000
-426,780
33,537,614
interest
-25,052
-1,129
3,000
33,000
31,000
3,000
217
42,000
171,000
37,000
132,000
-5,340
-154,850
cash flow from financing
26,438
331,423
-14,000
14,000
39,000
-22,928,000
19,920,302
-15,932,979
1,477,000
185,000
27,000
1,702,220
-5,340
34,382,764
cash and cash equivalents
cash
-47,000
-163,000
-185,000
-4,686,000
2,313,000
2,750,000
10,159
-6,721,159
-4,531,000
-95,000
4,851,000
-2,176,009
-2,686,344
11,366,353
overdraft
-685,000
521,488
-812,608
976,120
change in cash
-47,000
-163,000
-185,000
-4,686,000
2,313,000
2,750,000
10,159
-6,721,159
-4,531,000
-95,000
5,536,000
-2,697,497
-1,873,736
10,390,233
sitec engineering 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 sitec engineering limited. Get real-time insights into sitec engineering limited's credit score, group structure and payment trends.
Perform a competitor analysis for sitec engineering limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EC2M area or any other competitors across 12 key performance metrics.
sitec engineering limited Ownership
SITEC ENGINEERING LIMITED group structure
Sitec Engineering Limited has 1 subsidiary company.
The sole shareholder of Sitec Engineering Limited is Sitec Holdings Ltd.
sitec holdings ltd
100%
sitec engineering limited directors
Sitec Engineering Limited currently has 3 directors.
The longest serving directors include
Ms Elizabeth Ferris (Feb 2019) and
Ms Zahra Shahab (Sep 2024).
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 3 charges/mortgages relating to sitec engineering limited. Currently there are 0 open charges and 3 have been satisfied in the past.
sitec engineering 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 SITEC ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
sitec engineering limitedCompanies House Filings - See Documents
