advanced resin technologies limited Company Information
Company Number
06741652
Next Accounts
Nov 2024
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Directors
Shareholders
dale michael john rudkin
Group Structure
View All
Contact
Registered Address
frp advisory trading limited, 2nd floor, birmingham, B3 2HB
Website
artindustrial.co.ukadvanced resin technologies limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED RESIN TECHNOLOGIES LIMITED at £1.1m based on a Turnover of £3.2m and 0.35x industry multiple (adjusted for size and gross margin).
advanced resin technologies limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED RESIN TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-93.3k and a 3.52x industry multiple (adjusted for size and gross margin).
advanced resin technologies limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED RESIN TECHNOLOGIES LIMITED at £333.1k based on Net Assets of £157.5k and 2.12x industry multiple (adjusted for liquidity).
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Advanced Resin Technologies Limited Overview
Advanced Resin Technologies Limited is a dissolved company that was located in birmingham, B3 2HB with a Companies House number of 06741652. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in November 2008, it's largest shareholder was dale michael john rudkin with a 100% stake. The last turnover for Advanced Resin Technologies Limited was estimated at £3.2m.
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Advanced Resin Technologies Limited Health Check
Pomanda's financial health check has awarded Advanced Resin Technologies Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£4.3m)
- Advanced Resin Technologies Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (6.4%)
- Advanced Resin Technologies Limited
6.4% - Industry AVG
Production
with a gross margin of 13.9%, this company has a higher cost of product (24.4%)
- Advanced Resin Technologies Limited
24.4% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (5.8%)
- Advanced Resin Technologies Limited
5.8% - Industry AVG
Employees
with 10 employees, this is below the industry average (42)
10 - Advanced Resin Technologies Limited
42 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- Advanced Resin Technologies Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £323.4k, this is more efficient (£170.2k)
- Advanced Resin Technologies Limited
£170.2k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (57 days)
- Advanced Resin Technologies Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 171 days, this is slower than average (40 days)
- Advanced Resin Technologies Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is more than average (10 days)
- Advanced Resin Technologies Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Advanced Resin Technologies Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.6%, this is a higher level of debt than the average (63.7%)
89.6% - Advanced Resin Technologies Limited
63.7% - Industry AVG
ADVANCED RESIN TECHNOLOGIES LIMITED financials
Advanced Resin Technologies Limited's latest turnover from December 2018 is estimated at £3.2 million and the company has net assets of £157.5 thousand. According to their latest financial statements, Advanced Resin Technologies Limited has 10 employees and maintains cash reserves of £21 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||
Other Income Or Grants | ||||||||||
Cost Of Sales | ||||||||||
Gross Profit | ||||||||||
Admin Expenses | ||||||||||
Operating Profit | ||||||||||
Interest Payable | ||||||||||
Interest Receivable | ||||||||||
Pre-Tax Profit | ||||||||||
Tax | ||||||||||
Profit After Tax | ||||||||||
Dividends Paid | ||||||||||
Retained Profit | ||||||||||
Employee Costs | ||||||||||
Number Of Employees | 10 | 10 | 9 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 655,619 | 655,846 | 568,576 | 531,781 | 556,610 | 537,181 | 36,054 | 20,492 | 14,055 | 7,914 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 655,619 | 655,846 | 568,576 | 531,781 | 556,610 | 537,181 | 36,054 | 20,492 | 14,055 | 7,914 |
Stock & work in progress | 104,096 | 5,000 | 14,765 | 5,000 | 5,000 | 5,000 | 5,000 | 3,000 | 1,000 | 1,000 |
Trade Debtors | 741,225 | 745,136 | 644,372 | 164,521 | 405,660 | 64,279 | 484,788 | 86,664 | 115,475 | 22,572 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 20,997 | 29,124 | 36,788 | 3 | 3 | 16,533 | 1,437 | 1,808 | 0 | 10,158 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 866,318 | 779,260 | 695,925 | 169,524 | 410,663 | 85,812 | 491,225 | 91,472 | 116,475 | 33,730 |
total assets | 1,521,937 | 1,435,106 | 1,264,501 | 701,305 | 967,273 | 622,993 | 527,279 | 111,964 | 130,530 | 41,644 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,310,641 | 699,973 | 856,712 | 419,391 | 590,010 | 217,666 | 361,194 | 45,506 | 75,808 | 41,596 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,310,641 | 699,973 | 856,712 | 419,391 | 590,010 | 217,666 | 361,194 | 45,506 | 75,808 | 41,596 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 38,463 | 439,954 | 301,221 | 277,265 | 287,519 | 302,076 | 16,467 | 2,446 | 5,568 | 4,226 |
provisions | 15,318 | 17,853 | 18,715 | 11,276 | 7,393 | 5,807 | 5,777 | 4,099 | 2,811 | 0 |
total long term liabilities | 53,781 | 457,807 | 319,936 | 288,541 | 294,912 | 307,883 | 22,244 | 6,545 | 8,379 | 4,226 |
total liabilities | 1,364,422 | 1,157,780 | 1,176,648 | 707,932 | 884,922 | 525,549 | 383,438 | 52,051 | 84,187 | 45,822 |
net assets | 157,515 | 277,326 | 87,853 | -6,627 | 82,351 | 97,444 | 143,841 | 59,913 | 46,343 | -4,178 |
total shareholders funds | 157,515 | 277,326 | 87,853 | -6,627 | 82,351 | 97,444 | 143,841 | 59,913 | 46,343 | -4,178 |
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 26,722 | 24,885 | 31,395 | 18,669 | 13,928 | 12,500 | 12,021 | 6,881 | 4,247 | 2,639 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||
Stock | 99,096 | -9,765 | 9,765 | 0 | 0 | 0 | 2,000 | 2,000 | 0 | 1,000 |
Debtors | -3,911 | 100,764 | 479,851 | -241,139 | 341,381 | -420,509 | 398,124 | -28,811 | 92,903 | 22,572 |
Creditors | 610,668 | -156,739 | 437,321 | -170,619 | 372,344 | -143,528 | 315,688 | -30,302 | 34,212 | 41,596 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -2,535 | -862 | 7,439 | 3,883 | 1,586 | 30 | 1,678 | 1,288 | 2,811 | 0 |
Cash flow from operations | ||||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||
Financing Activities | ||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -401,491 | 138,733 | 23,956 | -10,254 | -14,557 | 285,609 | 14,021 | -3,122 | 1,342 | 4,226 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | -8,127 | -7,664 | 36,785 | 0 | -16,530 | 15,096 | -371 | 1,808 | -10,158 | 10,158 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -8,127 | -7,664 | 36,785 | 0 | -16,530 | 15,096 | -371 | 1,808 | -10,158 | 10,158 |
advanced resin technologies limited Credit Report and Business Information
Advanced Resin Technologies Limited Competitor Analysis
Perform a competitor analysis for advanced resin technologies limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in B 3 area or any other competitors across 12 key performance metrics.
advanced resin technologies limited Ownership
ADVANCED RESIN TECHNOLOGIES LIMITED group structure
Advanced Resin Technologies Limited has no subsidiary companies.
Ultimate parent company
ADVANCED RESIN TECHNOLOGIES LIMITED
06741652
advanced resin technologies limited directors
Advanced Resin Technologies Limited currently has 1 director, Mr Dale Rudkin serving since Nov 2008.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Dale Rudkin | England | 42 years | Nov 2008 | - | Director |
P&L
December 2018turnover
3.2m
+39%
operating profit
-120k
0%
gross margin
14%
-5.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
157.5k
-0.43%
total assets
1.5m
+0.06%
cash
21k
-0.28%
net assets
Total assets minus all liabilities
advanced resin technologies limited company details
company number
06741652
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
November 2008
age
16
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2018
previous names
N/A
accountant
GREGORY PRIESTLEY & STEWART
auditor
-
address
frp advisory trading limited, 2nd floor, birmingham, B3 2HB
Bank
-
Legal Advisor
-
advanced resin technologies 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 5 charges/mortgages relating to advanced resin technologies limited. Currently there are 1 open charges and 4 have been satisfied in the past.
advanced resin technologies limited Companies House Filings - See Documents
date | description | view/download |
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