nuclear engineering group limited
nuclear engineering group limited Company Information
Company Number
06860518
Next Accounts
Sep 2025
Shareholders
ansaldo nucleare s.p.a
Group Structure
View All
Industry
Activities of head offices
Registered Address
spring road industrial estate, spring road, wolverhampton, WV4 6JX
Website
http://ansaldoenergia.comnuclear engineering group limited Estimated Valuation
Pomanda estimates the enterprise value of NUCLEAR ENGINEERING GROUP LIMITED at £15.6k based on a Turnover of £31.1k and 0.5x industry multiple (adjusted for size and gross margin).
nuclear engineering group limited Estimated Valuation
Pomanda estimates the enterprise value of NUCLEAR ENGINEERING GROUP LIMITED at £7.6k based on an EBITDA of £2k and a 3.86x industry multiple (adjusted for size and gross margin).
nuclear engineering group limited Estimated Valuation
Pomanda estimates the enterprise value of NUCLEAR ENGINEERING GROUP LIMITED at £40.7m based on Net Assets of £19m and 2.14x industry multiple (adjusted for liquidity).
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Nuclear Engineering Group Limited Overview
Nuclear Engineering Group Limited is a live company located in wolverhampton, WV4 6JX with a Companies House number of 06860518. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2009, it's largest shareholder is ansaldo nucleare s.p.a with a 100% stake. Nuclear Engineering Group Limited is a established, micro sized company, Pomanda has estimated its turnover at £31.1k with declining growth in recent years.
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Nuclear Engineering Group Limited Health Check
Pomanda's financial health check has awarded Nuclear Engineering Group Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
4 Weak
Size
annual sales of £31.1k, make it smaller than the average company (£20.3m)
£31.1k - Nuclear Engineering Group Limited
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (7.4%)
-27% - Nuclear Engineering Group Limited
7.4% - Industry AVG
Production
with a gross margin of 33.7%, this company has a comparable cost of product (33.7%)
33.7% - Nuclear Engineering Group Limited
33.7% - Industry AVG
Profitability
an operating margin of 6.4% make it as profitable than the average company (5.8%)
6.4% - Nuclear Engineering Group Limited
5.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (110)
5 - Nuclear Engineering Group Limited
110 - Industry AVG
Pay Structure
on an average salary of £5.9k, the company has a lower pay structure (£49.8k)
£5.9k - Nuclear Engineering Group Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £6.2k, this is less efficient (£205.3k)
£6.2k - Nuclear Engineering Group Limited
£205.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Nuclear Engineering Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Nuclear Engineering Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nuclear Engineering Group Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nuclear Engineering Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.2%, this is a lower level of debt than the average (55.6%)
33.2% - Nuclear Engineering Group Limited
55.6% - Industry AVG
NUCLEAR ENGINEERING GROUP LIMITED financials
Nuclear Engineering Group Limited's latest turnover from December 2023 is £31.1 thousand and the company has net assets of £19 million. According to their latest financial statements, Nuclear Engineering Group Limited has 5 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 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 31,069 | 29,863 | 29,847 | 80,346 | 135,918 | 423,986 | 37,091,432 | 33,490,935 | 37,104,005 | 40,485,328 | 36,280,250 | 29,905,171 | 29,621,430 | 19,028,614 | 13,742,334 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 23,516,591 | 19,310,746 | 21,068,212 | 24,151,956 | 23,391,561 | 17,125,809 | 20,025,924 | 10,870,529 | 9,549,106 | ||||||
| Gross Profit | 13,574,841 | 14,180,189 | 16,035,793 | 16,333,372 | 12,888,689 | 12,779,362 | 9,595,506 | 8,158,085 | 4,193,228 | ||||||
| Admin Expenses | 11,855,525 | 11,774,365 | 13,521,155 | 13,662,244 | 11,752,067 | 9,221,835 | 8,462,871 | 6,536,771 | 3,285,869 | ||||||
| Operating Profit | 20,190 | 1,719,316 | 2,405,824 | 2,514,638 | 2,671,128 | 1,136,622 | 3,557,527 | 1,132,635 | 1,621,314 | 907,359 | |||||
| Interest Payable | 16,277 | 312,547 | 495,019 | 554,214 | 1,516,129 | 1,372,494 | 1,359,969 | 1,377,301 | 1,361,325 | 859,299 | |||||
| Interest Receivable | 644 | 1,879 | 639 | 2,671 | 1,648 | 855 | |||||||||
| Pre-Tax Profit | 1,480 | 1,422 | 1,421 | 4,261 | 12,136 | 3,913 | 1,406,769 | 1,910,805 | 1,961,068 | 1,156,878 | 235,233 | 2,200,229 | -243,018 | 260,844 | 48,060 |
| Tax | -351,514 | -609,174 | -530,172 | 3,526 | 92,034 | -327,901 | 607,536 | -39,625 | |||||||
| Profit After Tax | 1,480 | 1,422 | 1,421 | 4,261 | 12,136 | 3,913 | 1,055,255 | 1,301,631 | 1,430,896 | 1,160,404 | 327,267 | 1,872,328 | -243,018 | 868,380 | 8,435 |
| Dividends Paid | 1,000,000 | ||||||||||||||
| Retained Profit | 1,480 | 1,422 | 1,421 | 4,261 | 12,136 | 3,913 | 755,055 | 1,095,231 | 430,896 | 1,160,404 | 327,267 | 1,872,328 | -243,018 | 868,380 | 8,435 |
| Employee Costs | 29,589 | 28,423 | 28,396 | 72,989 | 117,241 | 192,375 | 14,843,293 | 15,075,921 | 15,913,724 | 15,772,114 | 12,912,055 | 10,904,416 | 9,838,417 | 7,318,517 | 6,767,268 |
| Number Of Employees | 5 | 6 | 7 | 7 | 5 | 4 | 283 | 283 | 310 | 317 | 263 | 217 | 208 | 178 | 152 |
| EBITDA* | 20,190 | 3,427,425 | 4,165,833 | 4,262,777 | 4,332,818 | 2,566,304 | 4,832,031 | 2,396,428 | 3,292,294 | 1,172,145 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 2,455,179 | 2,659,072 | 2,824,389 | 3,305,309 | 2,990,600 | 1,456,408 | 1,121,897 | 928,398 | 1,091,058 | ||||||
| Intangible Assets | 13,223,153 | 12,781,858 | 12,434,085 | 13,067,944 | 13,611,400 | 14,462,110 | 15,312,826 | 16,163,538 | 15,928,400 | ||||||
| Investments & Other | 27,886,401 | 15,086,401 | 15,086,401 | 15,086,401 | 15,086,401 | 15,086,401 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 27,886,401 | 15,086,401 | 15,086,401 | 15,086,401 | 15,086,401 | 15,086,401 | 15,678,332 | 15,440,930 | 15,258,474 | 16,373,253 | 16,602,000 | 15,918,518 | 16,434,723 | 17,091,936 | 17,019,458 |
| Stock & work in progress | 15,480 | 16,302 | 18,242 | 19,908 | 12,964 | 13,467 | 8,430 | 21,433 | 145,630 | ||||||
| Trade Debtors | 4,875,439 | 1,396,607 | 5,749,365 | 6,798,155 | 7,313,338 | 5,886,037 | 2,696,275 | 3,047,937 | 2,060,822 | ||||||
| Group Debtors | 575,445 | 572,238 | 569,253 | 566,268 | 558,233 | 544,641 | |||||||||
| Misc Debtors | 5,228,444 | 3,395,461 | 2,103,567 | 1,079,868 | 1,540,067 | 440,934 | 2,486,844 | 1,028,886 | 600,052 | ||||||
| Cash | 686 | 716 | 741 | 297 | 3,142 | 7,291,815 | 5,996,656 | 4,759,575 | 1,641,809 | 2,332,742 | 5,059,646 | 1,527,200 | 1,349,122 | ||
| misc current assets | |||||||||||||||
| total current assets | 575,445 | 572,238 | 569,939 | 566,984 | 558,974 | 544,938 | 10,122,505 | 12,100,185 | 13,867,830 | 12,657,506 | 10,508,178 | 8,673,180 | 10,251,195 | 5,625,456 | 4,155,626 |
| total assets | 28,461,846 | 15,658,639 | 15,656,340 | 15,653,385 | 15,645,375 | 15,631,339 | 25,800,837 | 27,541,115 | 29,126,304 | 29,030,759 | 27,110,178 | 24,591,698 | 26,685,918 | 22,717,392 | 21,175,084 |
| Bank overdraft | |||||||||||||||
| Bank loan | 328,669 | 1,314,692 | 1,314,692 | 1,485,308 | 1,485,308 | ||||||||||
| Trade Creditors | 6,134,027 | 4,358,547 | 4,125,463 | 6,134,911 | 5,851,391 | 3,942,097 | 5,974,192 | 3,086,346 | 2,954,511 | ||||||
| Group/Directors Accounts | 9,441,424 | 9,439,697 | 9,438,820 | 9,433,786 | 9,427,432 | 9,419,081 | 44,885 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 87,197 | 159,384 | 159,384 | 164,568 | 165,490 | 8,003 | 9,275 | 18,253 | 29,846 | ||||||
| other current liabilities | 3,500 | 6,105 | 12,556 | 4,063,430 | 5,156,698 | 5,836,728 | 3,934,779 | 3,585,469 | 2,936,070 | 4,159,720 | 2,068,769 | 1,985,675 | |||
| total current liabilities | 9,441,424 | 9,439,697 | 9,438,820 | 9,437,286 | 9,433,537 | 9,431,637 | 10,329,539 | 9,674,629 | 10,121,575 | 10,234,258 | 9,931,019 | 8,200,862 | 11,457,879 | 6,658,676 | 6,455,340 |
| loans | 3,490,828 | 6,490,225 | 8,500,667 | 8,500,301 | 7,807,874 | 8,136,543 | 9,451,235 | 10,595,311 | 11,581,330 | ||||||
| hp & lease commitments | 87,198 | 246,582 | 405,966 | 570,840 | 11,404 | 19,407 | 28,682 | 8,979 | |||||||
| Accruals and Deferred Income | 3,200,310 | 2,538,764 | 1,925,600 | 1,359,908 | |||||||||||
| other liabilities | 31,750 | 95,398 | 159,048 | 223,277 | |||||||||||
| provisions | 121,000 | ||||||||||||||
| total long term liabilities | 3,490,828 | 6,609,173 | 8,842,647 | 9,065,315 | 11,802,301 | 10,686,711 | 11,396,242 | 11,983,901 | 11,711,309 | ||||||
| total liabilities | 9,441,424 | 9,439,697 | 9,438,820 | 9,437,286 | 9,433,537 | 9,431,637 | 13,820,367 | 16,283,802 | 18,964,222 | 19,299,573 | 21,733,320 | 18,887,573 | 22,854,121 | 18,642,577 | 18,166,649 |
| net assets | 19,020,422 | 6,218,942 | 6,217,520 | 6,216,099 | 6,211,838 | 6,199,702 | 11,980,470 | 11,257,313 | 10,162,082 | 9,731,186 | 5,376,858 | 5,704,125 | 3,831,797 | 4,074,815 | 3,008,435 |
| total shareholders funds | 19,020,422 | 6,218,942 | 6,217,520 | 6,216,099 | 6,211,838 | 6,199,702 | 11,980,470 | 11,257,313 | 10,162,082 | 9,731,186 | 5,376,858 | 5,704,125 | 3,831,797 | 4,074,815 | 3,008,435 |
| Dec 2023 | 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 | 20,190 | 1,719,316 | 2,405,824 | 2,514,638 | 2,671,128 | 1,136,622 | 3,557,527 | 1,132,635 | 1,621,314 | 907,359 | |||||
| Depreciation | 688,199 | 747,666 | 691,502 | 810,690 | 578,972 | 423,790 | 413,079 | 494,872 | 256,026 | ||||||
| Amortisation | 1,019,910 | 1,012,343 | 1,056,637 | 851,000 | 850,710 | 850,714 | 850,714 | 1,176,108 | 8,760 | ||||||
| Tax | -351,514 | -609,174 | -530,172 | 3,526 | 92,034 | -327,901 | 607,536 | -39,625 | |||||||
| Stock | -15,480 | -822 | -1,940 | -1,666 | 6,944 | -503 | 5,037 | -13,003 | -124,197 | 145,630 | |||||
| Debtors | 3,207 | 2,985 | 2,985 | 8,035 | 13,592 | -9,559,242 | 5,311,815 | -3,060,864 | -25,091 | -975,382 | 2,526,434 | 1,143,852 | 1,106,296 | 1,415,949 | 2,660,874 |
| Creditors | -6,134,027 | 1,775,480 | 233,084 | -2,009,448 | 283,520 | 1,909,294 | -2,032,095 | 2,887,846 | 131,835 | 2,954,511 | |||||
| Accruals and Deferred Income | -3,500 | -2,605 | -6,451 | -4,050,874 | -1,093,268 | -680,030 | 1,901,949 | -2,851,000 | 1,310,945 | -610,486 | 2,656,643 | 1,443,002 | 1,985,675 | ||
| Deferred Taxes & Provisions | -121,000 | 121,000 | |||||||||||||
| Cash flow from operations | -589,989 | -1,552,870 | 6,172,517 | 3,651,863 | 2,737,302 | 3,352,646 | 712,660 | 6,847,624 | 4,061,915 | 3,387,202 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | -1,442,789 | -1,791,567 | -757,101 | -624,747 | -333,211 | -438,112 | |||||||||
| Change in Investments | 12,800,000 | 15,086,401 | |||||||||||||
| cash flow from investments | -1,442,789 | -1,791,567 | -757,101 | -624,747 | -333,211 | -438,112 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -328,669 | -986,023 | -170,616 | 1,485,308 | |||||||||||
| Group/Directors Accounts | 1,727 | 877 | 5,034 | 6,354 | 8,351 | 9,374,196 | 44,885 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -3,490,828 | -2,999,397 | -2,010,442 | 366 | 692,427 | -328,669 | -1,314,692 | -1,144,076 | -986,019 | 11,581,330 | |||||
| Hire Purchase and Lease Commitments | -87,197 | -159,385 | -159,384 | -164,568 | -165,796 | 716,923 | -9,275 | -18,253 | 8,110 | 38,825 | |||||
| other long term liabilities | -31,750 | -63,648 | -63,650 | -64,229 | 223,277 | ||||||||||
| share issue | |||||||||||||||
| interest | -16,277 | -312,547 | -495,019 | -553,570 | -1,514,250 | -1,371,855 | -1,357,298 | -1,375,653 | -1,360,470 | -859,299 | |||||
| cash flow from financing | 12,801,727 | 877 | 5,034 | 6,354 | 8,351 | -4,787 | -3,490,092 | -2,728,493 | -781,422 | 1,813,407 | -2,400,881 | -2,681,265 | -2,708,598 | -2,140,379 | 15,246,164 |
| cash and cash equivalents | |||||||||||||||
| cash | -686 | -30 | -25 | 444 | -2,845 | -7,288,673 | 1,295,159 | 1,237,081 | 3,117,766 | -690,933 | -2,726,904 | 3,532,446 | 178,078 | 1,349,122 | |
| overdraft | |||||||||||||||
| change in cash | -686 | -30 | -25 | 444 | -2,845 | -7,288,673 | 1,295,159 | 1,237,081 | 3,117,766 | -690,933 | -2,726,904 | 3,532,446 | 178,078 | 1,349,122 |
nuclear engineering group limited Credit Report and Business Information
Nuclear Engineering Group Limited Competitor Analysis
Perform a competitor analysis for nuclear engineering group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WV4 area or any other competitors across 12 key performance metrics.
nuclear engineering group limited Ownership
NUCLEAR ENGINEERING GROUP LIMITED group structure
Nuclear Engineering Group Limited has 1 subsidiary company.
Ultimate parent company
ANSALDO ENERGIA SPA
#0040041
ANSALDO NUCLEARE SPA
#0088933
2 parents
NUCLEAR ENGINEERING GROUP LIMITED
06860518
1 subsidiary
nuclear engineering group limited directors
Nuclear Engineering Group Limited currently has 5 directors. The longest serving directors include Mr Michael Hawe (Jun 2010) and Dr Roberto Adinolfi (Jul 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hawe | England | 65 years | Jun 2010 | - | Director |
| Dr Roberto Adinolfi | England | 72 years | Jul 2014 | - | Director |
| Ms Fiona Reilly | 54 years | Mar 2020 | - | Director | |
| Mr Andrea Basso | England | 52 years | Jul 2020 | - | Director |
| Mr Daniel Brockman | England | 48 years | Jul 2020 | - | Director |
P&L
December 2023turnover
31.1k
+4%
operating profit
2k
0%
gross margin
33.7%
+0.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
19m
+2.06%
total assets
28.5m
+0.82%
cash
0
0%
net assets
Total assets minus all liabilities
nuclear engineering group limited company details
company number
06860518
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2009
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
pimco 2841 limited (February 2010)
accountant
-
auditor
EDWARDS
address
spring road industrial estate, spring road, wolverhampton, WV4 6JX
Bank
BARCLAYS BANK PLC
Legal Advisor
DLA PIPER UK LLP
nuclear engineering group 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 3 charges/mortgages relating to nuclear engineering group limited. Currently there are 0 open charges and 3 have been satisfied in the past.
nuclear engineering group 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 NUCLEAR ENGINEERING GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
nuclear engineering group limited Companies House Filings - See Documents
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