falco engineering limited
falco engineering limited Company Information
Company Number
06788713
Website
falco-engineering.co.ukRegistered Address
c/o abbey taylor unit 6, 12 o'clock court, sheffield, S4 7WW
Industry
Manufacture of other fabricated metal products n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
robert cerevka 50%
andrew england 50%
falco engineering limited Estimated Valuation
Pomanda estimates the enterprise value of FALCO ENGINEERING LIMITED at £609.5k based on a Turnover of £1.9m and 0.32x industry multiple (adjusted for size and gross margin).
falco engineering limited Estimated Valuation
Pomanda estimates the enterprise value of FALCO ENGINEERING LIMITED at £0 based on an EBITDA of £-262.6k and a 2.48x industry multiple (adjusted for size and gross margin).
falco engineering limited Estimated Valuation
Pomanda estimates the enterprise value of FALCO ENGINEERING LIMITED at £11.9k based on Net Assets of £23.3k and 0.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Falco Engineering Limited Overview
Falco Engineering Limited is a dissolved company that was located in sheffield, S4 7WW with a Companies House number of 06788713. It operated in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in January 2009, it's largest shareholder was robert cerevka with a 50% stake. The last turnover for Falco Engineering Limited was estimated at £1.9m.
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Falco Engineering Limited Health Check
Pomanda's financial health check has awarded Falco Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
9 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£8.4m)
£1.9m - Falco Engineering Limited
£8.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (3.5%)
-11% - Falco Engineering Limited
3.5% - Industry AVG
Production
with a gross margin of 5.7%, this company has a higher cost of product (31.3%)
5.7% - Falco Engineering Limited
31.3% - Industry AVG
Profitability
an operating margin of -15.5% make it less profitable than the average company (6.3%)
-15.5% - Falco Engineering Limited
6.3% - Industry AVG
Employees
with 16 employees, this is below the industry average (83)
- Falco Engineering Limited
83 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)
- Falco Engineering Limited
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £117.8k, this is equally as efficient (£120.9k)
- Falco Engineering Limited
£120.9k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (65 days)
102 days - Falco Engineering Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (49 days)
73 days - Falco Engineering Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 73 days, this is more than average (46 days)
73 days - Falco Engineering Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (11 weeks)
2 weeks - Falco Engineering Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.3%, this is a higher level of debt than the average (54.5%)
98.3% - Falco Engineering Limited
54.5% - Industry AVG
FALCO ENGINEERING LIMITED financials
Falco Engineering Limited's latest turnover from March 2015 is £1.9 million and the company has net assets of £23.3 thousand. According to their latest financial statements, we estimate that Falco Engineering Limited has 16 employees and maintains cash reserves of £54.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|
| Turnover | 1,884,744 | 1,969,156 | 3,463,739 | 2,668,321 | 508,534 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 1,777,181 | 1,586,050 | 2,920,702 | 2,155,171 | 422,610 | |
| Gross Profit | 107,563 | 383,106 | 543,037 | 513,150 | 85,924 | |
| Admin Expenses | 400,493 | 334,685 | 406,357 | 338,467 | ||
| Operating Profit | -292,930 | 48,421 | 136,680 | 174,683 | ||
| Interest Payable | 5,071 | 3,212 | 989 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -298,001 | 45,209 | 135,691 | 174,683 | 31,530 | |
| Tax | 41,905 | -41,905 | -7,059 | -27,386 | -6,515 | |
| Profit After Tax | -256,096 | 3,304 | 128,632 | 147,297 | 25,015 | |
| Dividends Paid | 0 | 25,000 | 0 | 0 | 0 | |
| Retained Profit | -256,096 | -21,696 | 128,632 | 147,297 | 25,015 | |
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | -262,560 | 73,958 | 149,072 | 177,124 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 424,782 | 386,764 | 341,899 | 66,171 | 505 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 424,782 | 386,764 | 341,899 | 66,171 | 505 | 0 |
| Stock & work in progress | 356,136 | 60,407 | 44,909 | 24,676 | 70,662 | 0 |
| Trade Debtors | 528,824 | 290,745 | 745,494 | 731,101 | 291,207 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,602 | 10,936 | 7,368 | 1,948 | 2,891 | 0 |
| Cash | 54,558 | 1,426 | 64,286 | 47,585 | 174,254 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 949,120 | 363,514 | 862,057 | 805,310 | 539,014 | 0 |
| total assets | 1,373,902 | 750,278 | 1,203,956 | 871,481 | 539,519 | 0 |
| Bank overdraft | 33,334 | 4,909 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 357,425 | 292,281 | 642,486 | 448,999 | 401,424 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 30,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 33,618 | 40,647 | 40,647 | 0 | 0 | 0 |
| other current liabilities | 877,297 | 60,703 | 148,647 | 250,070 | 82,980 | 0 |
| total current liabilities | 1,301,674 | 398,540 | 831,780 | 699,069 | 514,404 | 0 |
| loans | 41,666 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 7,310 | 30,485 | 71,132 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 41,905 | 0 | 0 | 0 | 0 |
| total long term liabilities | 48,976 | 72,390 | 71,132 | 0 | 0 | 0 |
| total liabilities | 1,350,650 | 470,930 | 902,912 | 699,069 | 514,404 | 0 |
| net assets | 23,252 | 279,348 | 301,044 | 172,412 | 25,115 | 0 |
| total shareholders funds | 23,252 | 279,348 | 301,044 | 172,412 | 25,115 | 0 |
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -292,930 | 48,421 | 136,680 | 174,683 | ||
| Depreciation | 30,370 | 25,537 | 12,392 | 2,441 | 19 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | 41,905 | -41,905 | -7,059 | -27,386 | -6,515 | |
| Stock | 295,729 | 15,498 | 20,233 | -45,986 | 70,662 | 0 |
| Debtors | 236,745 | -451,181 | 19,813 | 438,951 | 294,098 | 0 |
| Creditors | 65,144 | -350,205 | 193,487 | 47,575 | 401,424 | 0 |
| Accruals and Deferred Income | 816,594 | -87,944 | -101,423 | 167,090 | 82,980 | 0 |
| Deferred Taxes & Provisions | -41,905 | 41,905 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 86,704 | 71,492 | 194,031 | -28,562 | ||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -30,000 | 30,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 41,666 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -30,204 | -40,647 | 111,779 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -5,071 | -3,212 | -989 | 0 | 0 | |
| cash flow from financing | 6,391 | -43,859 | 110,790 | -30,000 | 30,100 | |
| cash and cash equivalents | ||||||
| cash | 53,132 | -62,860 | 16,701 | -126,669 | 174,254 | 0 |
| overdraft | 28,425 | 4,909 | 0 | 0 | 0 | 0 |
| change in cash | 24,707 | -67,769 | 16,701 | -126,669 | 174,254 | 0 |
falco engineering limited Credit Report and Business Information
Falco Engineering Limited Competitor Analysis
Perform a competitor analysis for falco engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in S 4 area or any other competitors across 12 key performance metrics.
falco engineering limited Ownership
FALCO ENGINEERING LIMITED group structure
Falco Engineering Limited has no subsidiary companies.
Ultimate parent company
FALCO ENGINEERING LIMITED
06788713
falco engineering limited directors
Falco Engineering Limited currently has 2 directors. The longest serving directors include Mr Robert Cerevka (Jan 2009) and Mr Andrew England (Jan 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Cerevka | United Kingdom | 47 years | Jan 2009 | - | Director |
| Mr Andrew England | 64 years | Jan 2009 | - | Director |
P&L
March 2015turnover
1.9m
-4%
operating profit
-292.9k
-705%
gross margin
5.8%
-70.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2015net assets
23.3k
-0.92%
total assets
1.4m
+0.83%
cash
54.6k
+37.26%
net assets
Total assets minus all liabilities
Similar Companies
falco engineering limited company details
company number
06788713
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
January 2009
age
15
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
imco (12009) limited (January 2009)
last accounts submitted
March 2015
address
c/o abbey taylor unit 6, 12 o'clock court, sheffield, S4 7WW
accountant
-
auditor
-
falco engineering 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 did not find charges/mortgages relating to falco engineering limited.
falco engineering limited Companies House Filings - See Documents
| date | description | view/download |
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