advanced resin technologies limited

advanced resin technologies limited Company Information

Share ADVANCED RESIN TECHNOLOGIES LIMITED
Dissolved 

Company Number

06741652

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Directors

Dale Rudkin

Shareholders

dale michael john rudkin

Group Structure

View All

Contact

Registered Address

frp advisory trading limited, 2nd floor, birmingham, B3 2HB

advanced resin technologies limited Estimated Valuation

£1.1m

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

£0

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

£333.1k

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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £3.2m, make it smaller than the average company (£4.3m)

£3.2m - Advanced Resin Technologies Limited

£4.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (6.4%)

45% - Advanced Resin Technologies Limited

6.4% - Industry AVG

production

Production

with a gross margin of 13.9%, this company has a higher cost of product (24.4%)

13.9% - Advanced Resin Technologies Limited

24.4% - Industry AVG

profitability

Profitability

an operating margin of -3.7% make it less profitable than the average company (5.8%)

-3.7% - Advanced Resin Technologies Limited

5.8% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (42)

10 - Advanced Resin Technologies Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)

£43.4k - Advanced Resin Technologies Limited

£43.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £323.4k, this is more efficient (£170.2k)

£323.4k - Advanced Resin Technologies Limited

£170.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 83 days, this is later than average (57 days)

83 days - Advanced Resin Technologies Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 171 days, this is slower than average (40 days)

171 days - Advanced Resin Technologies Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 13 days, this is more than average (10 days)

13 days - Advanced Resin Technologies Limited

10 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover3,233,5782,323,1362,366,5861,061,7481,787,932471,1491,569,435249,425352,4280
Other Income Or Grants0000000000
Cost Of Sales2,783,9001,981,6851,995,022897,1451,526,477400,0701,332,576209,489290,4770
Gross Profit449,679341,451371,564164,603261,45571,079236,85839,93561,9510
Admin Expenses569,678107,698253,510253,581276,589117,521126,43521,614-8,1924,204
Operating Profit-119,999233,753118,054-88,978-15,134-46,442110,42318,32170,143-4,204
Interest Payable0000000000
Interest Receivable1881654604145852525
Pre-Tax Profit-119,811233,917118,100-88,978-15,093-46,397110,43218,32670,168-4,179
Tax0-44,444-23,620000-26,504-4,765-19,6470
Profit After Tax-119,811189,47394,480-88,978-15,093-46,39783,92813,56150,521-4,179
Dividends Paid0000000000
Retained Profit-119,811189,47394,480-88,978-15,093-46,39783,92813,56150,521-4,179
Employee Costs433,673417,856369,000120,452195,87676,695230,08937,25771,3870
Number Of Employees101093526120
EBITDA*-93,277258,638149,449-70,309-1,206-33,942122,44425,20274,390-1,565

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets655,619655,846568,576531,781556,610537,18136,05420,49214,0557,914
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets655,619655,846568,576531,781556,610537,18136,05420,49214,0557,914
Stock & work in progress104,0965,00014,7655,0005,0005,0005,0003,0001,0001,000
Trade Debtors741,225745,136644,372164,521405,66064,279484,78886,664115,47522,572
Group Debtors0000000000
Misc Debtors0000000000
Cash20,99729,12436,7883316,5331,4371,808010,158
misc current assets0000000000
total current assets866,318779,260695,925169,524410,66385,812491,22591,472116,47533,730
total assets1,521,9371,435,1061,264,501701,305967,273622,993527,279111,964130,53041,644
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 1,310,641699,973856,712419,391590,010217,666361,19445,50675,80841,596
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities1,310,641699,973856,712419,391590,010217,666361,19445,50675,80841,596
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities38,463439,954301,221277,265287,519302,07616,4672,4465,5684,226
provisions15,31817,85318,71511,2767,3935,8075,7774,0992,8110
total long term liabilities53,781457,807319,936288,541294,912307,88322,2446,5458,3794,226
total liabilities1,364,4221,157,7801,176,648707,932884,922525,549383,43852,05184,18745,822
net assets157,515277,32687,853-6,62782,35197,444143,84159,91346,343-4,178
total shareholders funds157,515277,32687,853-6,62782,35197,444143,84159,91346,343-4,178
Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-119,999233,753118,054-88,978-15,134-46,442110,42318,32170,143-4,204
Depreciation26,72224,88531,39518,66913,92812,50012,0216,8814,2472,639
Amortisation0000000000
Tax0-44,444-23,620000-26,504-4,765-19,6470
Stock99,096-9,7659,7650002,0002,00001,000
Debtors-3,911100,764479,851-241,139341,381-420,509398,124-28,81192,90322,572
Creditors610,668-156,739437,321-170,619372,344-143,528315,688-30,30234,21241,596
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions-2,535-8627,4393,8831,586301,6781,2882,8110
Cash flow from operations419,671-34,40680,9734,09431,343243,06913,18218,234-1,13716,459
Investing Activities
capital expenditure-26,495-112,155-68,1906,160-33,357-513,627-27,583-13,318-10,388-10,553
Change in Investments0000000000
cash flow from investments-26,495-112,155-68,1906,160-33,357-513,627-27,583-13,318-10,388-10,553
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-401,491138,73323,956-10,254-14,557285,60914,021-3,1221,3424,226
share issue0000000901
interest1881654604145852525
cash flow from financing-401,303138,89824,002-10,254-14,516285,65414,029-3,1081,3674,252
cash and cash equivalents
cash-8,127-7,66436,7850-16,53015,096-3711,808-10,15810,158
overdraft0000000000
change in cash-8,127-7,66436,7850-16,53015,096-3711,808-10,15810,158

advanced resin technologies limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Advanced Resin Technologies Limited Competitor Analysis

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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 Shareholders

dale michael john rudkin 100%

advanced resin technologies limited directors

Advanced Resin Technologies Limited currently has 1 director, Mr Dale Rudkin serving since Nov 2008.

officercountryagestartendrole
Mr Dale RudkinEngland42 years Nov 2008- Director

P&L

December 2018

turnover

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 2018

net 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

None

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.

charges

advanced resin technologies limited Companies House Filings - See Documents

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