aerospace cutting tool limited
aerospace cutting tool limited Company Information
Company Number
06875192
Next Accounts
Jan 2025
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Repair of machinery
Shareholders
barry richardson
anand annamalai
View AllGroup Structure
View All
Contact
Registered Address
20-22 wenlock road, london, N1 7GU
Website
-aerospace cutting tool limited Estimated Valuation
Pomanda estimates the enterprise value of AEROSPACE CUTTING TOOL LIMITED at £92.2k based on a Turnover of £184.1k and 0.5x industry multiple (adjusted for size and gross margin).
aerospace cutting tool limited Estimated Valuation
Pomanda estimates the enterprise value of AEROSPACE CUTTING TOOL LIMITED at £578.7k based on an EBITDA of £126.7k and a 4.57x industry multiple (adjusted for size and gross margin).
aerospace cutting tool limited Estimated Valuation
Pomanda estimates the enterprise value of AEROSPACE CUTTING TOOL LIMITED at £515.5k based on Net Assets of £170.2k and 3.03x industry multiple (adjusted for liquidity).
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Aerospace Cutting Tool Limited Overview
Aerospace Cutting Tool Limited is a live company located in london, N1 7GU with a Companies House number of 06875192. It operates in the repair of machinery sector, SIC Code 33120. Founded in April 2009, it's largest shareholder is barry richardson with a 40% stake. Aerospace Cutting Tool Limited is a established, micro sized company, Pomanda has estimated its turnover at £184.1k with declining growth in recent years.
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Aerospace Cutting Tool Limited Health Check
Pomanda's financial health check has awarded Aerospace Cutting Tool Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £184.1k, make it smaller than the average company (£2.1m)
- Aerospace Cutting Tool Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (4.6%)
- Aerospace Cutting Tool Limited
4.6% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
- Aerospace Cutting Tool Limited
37.6% - Industry AVG
Profitability
an operating margin of 68.2% make it more profitable than the average company (6.8%)
- Aerospace Cutting Tool Limited
6.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Aerospace Cutting Tool Limited
15 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
- Aerospace Cutting Tool Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £61.4k, this is less efficient (£122.5k)
- Aerospace Cutting Tool Limited
£122.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Aerospace Cutting Tool Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (38 days)
- Aerospace Cutting Tool Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Aerospace Cutting Tool Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43550 weeks, this is more cash available to meet short term requirements (21 weeks)
43550 weeks - Aerospace Cutting Tool Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (56.1%)
29.5% - Aerospace Cutting Tool Limited
56.1% - Industry AVG
AEROSPACE CUTTING TOOL LIMITED financials
Aerospace Cutting Tool Limited's latest turnover from April 2023 is estimated at £184.1 thousand and the company has net assets of £170.2 thousand. According to their latest financial statements, Aerospace Cutting Tool Limited has 3 employees and maintains cash reserves of £77.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 75,149 | 28,748 | 10,595 | |||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | 14,320 | 2,676 | -598 | |||||||||||
| Tax | 0 | -360 | 0 | |||||||||||
| Profit After Tax | 14,320 | 2,316 | -598 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||||
| Retained Profit | 14,320 | 2,316 | -598 | |||||||||||
| Employee Costs | 44,208 | 0 | ||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 145,585 | 128,005 | 37,238 | 54,160 | 5,377 | 6,475 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 145,585 | 128,005 | 37,238 | 54,160 | 5,377 | 6,475 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 10,560 | 0 | 0 | 21,293 | 17,118 | 12,073 | 4,397 | 8,218 | 5,450 | 2,390 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,235 | 6,976 | 7,434 | 8,352 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 77,888 | 25,945 | 49,462 | 32,007 | 0 | 0 | 0 | 0 | 0 | 0 | 4,235 | 16,435 | 0 | 0 |
| misc current assets | 4,609 | 0 | 12,643 | 0 | 2,657 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 95,732 | 43,481 | 69,539 | 40,359 | 23,950 | 17,118 | 12,073 | 4,397 | 8,218 | 5,450 | 6,625 | 16,435 | 0 | 0 |
| total assets | 241,317 | 171,486 | 106,777 | 94,519 | 29,327 | 23,593 | 12,073 | 4,397 | 8,218 | 5,450 | 6,625 | 16,435 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 93 | 6,198 | 0 | 0 | 0 | 1,867 | 4,667 | 1,423 | 4,646 | 1,603 | 1,383 | 12,927 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 5,030 | 5,062 | 9,804 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 93 | 11,228 | 5,062 | 9,804 | 0 | 1,867 | 4,667 | 1,423 | 4,646 | 1,603 | 1,383 | 12,927 | 0 | 0 |
| loans | 26,151 | 25,190 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 44,848 | 58,647 | 37,973 | 45,185 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 616 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 1,156 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 70,999 | 83,837 | 37,973 | 45,185 | 1,772 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 71,092 | 95,065 | 43,035 | 54,989 | 1,772 | 1,867 | 4,667 | 1,423 | 4,646 | 1,603 | 1,383 | 12,927 | 0 | 0 |
| net assets | 170,225 | 76,421 | 63,742 | 39,530 | 27,555 | 21,726 | 7,406 | 2,974 | 3,572 | 3,847 | 5,242 | 3,508 | 0 | 0 |
| total shareholders funds | 170,225 | 76,421 | 63,742 | 39,530 | 27,555 | 21,726 | 7,406 | 2,974 | 3,572 | 3,847 | 5,242 | 3,508 | 0 | 0 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,236 | 10,137 | 18,338 | 18,458 | 1,735 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | -360 | 0 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,301 | 10,102 | -918 | -12,941 | 4,175 | 5,045 | 7,676 | -3,821 | 2,768 | 3,060 | 2,390 | 0 | 0 | 0 |
| Creditors | -6,105 | 6,198 | 0 | 0 | -1,867 | -2,800 | 3,244 | -3,223 | 3,043 | 220 | -11,544 | 12,927 | 0 | 0 |
| Accruals and Deferred Income | -5,030 | -32 | -4,742 | 9,188 | 616 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -1,156 | 1,156 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 961 | 25,190 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -13,799 | 20,674 | -7,212 | 45,185 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | |||||||||||
| cash flow from financing | 0 | 2,116 | 0 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 51,943 | -23,517 | 17,455 | 32,007 | 0 | 0 | 0 | 0 | 0 | -4,235 | -12,200 | 16,435 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 51,943 | -23,517 | 17,455 | 32,007 | 0 | 0 | 0 | 0 | 0 | -4,235 | -12,200 | 16,435 | 0 | 0 |
aerospace cutting tool limited Credit Report and Business Information
Aerospace Cutting Tool Limited Competitor Analysis
Perform a competitor analysis for aerospace cutting tool limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.
aerospace cutting tool limited Ownership
AEROSPACE CUTTING TOOL LIMITED group structure
Aerospace Cutting Tool Limited has no subsidiary companies.
Ultimate parent company
AEROSPACE CUTTING TOOL LIMITED
06875192
aerospace cutting tool limited directors
Aerospace Cutting Tool Limited currently has 2 directors. The longest serving directors include Mr Barry Richardson (Jul 2010) and Mr Patrick Collins (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Richardson | England | 64 years | Jul 2010 | - | Director |
| Mr Patrick Collins | England | 57 years | Mar 2018 | - | Director |
P&L
April 2023turnover
184.1k
+46%
operating profit
125.5k
0%
gross margin
37.6%
-1.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
170.2k
+1.23%
total assets
241.3k
+0.41%
cash
77.9k
+2%
net assets
Total assets minus all liabilities
aerospace cutting tool limited company details
company number
06875192
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
33120 - Repair of machinery
71121 - Engineering design activities for industrial process and production
incorporation date
April 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
RICH ACCOUNTING
auditor
-
address
20-22 wenlock road, london, N1 7GU
Bank
-
Legal Advisor
-
aerospace cutting tool 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 aerospace cutting tool limited.
aerospace cutting tool limited Companies House Filings - See Documents
| date | description | view/download |
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