aviramp limited

aviramp limited Company Information

Share AVIRAMP LIMITED
Live 
EstablishedMidHealthy

Company Number

06957501

Industry

Manufacture of other fabricated metal products n.e.c.

 

Shareholders

lisa corfield

graham corfield

Group Structure

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Contact

Registered Address

a3 stafford park 15, telford, shropshire, TF3 3BB

aviramp limited Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of AVIRAMP LIMITED at £3.1m based on a Turnover of £5.7m and 0.55x industry multiple (adjusted for size and gross margin).

aviramp limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of AVIRAMP LIMITED at £1.3m based on an EBITDA of £316.9k and a 4.12x industry multiple (adjusted for size and gross margin).

aviramp limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of AVIRAMP LIMITED at £2.6m based on Net Assets of £1.3m and 2x industry multiple (adjusted for liquidity).

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Aviramp Limited Overview

Aviramp Limited is a live company located in shropshire, TF3 3BB with a Companies House number of 06957501. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in July 2009, it's largest shareholder is lisa corfield with a 50% stake. Aviramp Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.7m with healthy growth in recent years.

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Aviramp Limited Health Check

Pomanda's financial health check has awarded Aviramp Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £5.7m, make it smaller than the average company (£14.6m)

£5.7m - Aviramp Limited

£14.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8%)

14% - Aviramp Limited

8% - Industry AVG

production

Production

with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)

29.3% - Aviramp Limited

29.3% - Industry AVG

profitability

Profitability

an operating margin of 4.5% make it less profitable than the average company (6.3%)

4.5% - Aviramp Limited

6.3% - Industry AVG

employees

Employees

with 53 employees, this is below the industry average (80)

53 - Aviramp Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)

£41.3k - Aviramp Limited

£41.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.6k, this is less efficient (£169.1k)

£106.6k - Aviramp Limited

£169.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (59 days)

59 days - Aviramp Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (45 days)

66 days - Aviramp Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 76 days, this is in line with average (72 days)

76 days - Aviramp Limited

72 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (14 weeks)

20 weeks - Aviramp Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.7%, this is a similar level of debt than the average (45.4%)

44.7% - Aviramp Limited

45.4% - Industry AVG

AVIRAMP LIMITED financials

EXPORTms excel logo

Aviramp Limited's latest turnover from December 2023 is estimated at £5.7 million and the company has net assets of £1.3 million. According to their latest financial statements, Aviramp Limited has 53 employees and maintains cash reserves of £316.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Turnover5,650,7172,816,8231,937,0683,790,6445,096,0897,440,0794,264,1071,690,581601,78000000
Other Income Or Grants00000000000000
Cost Of Sales3,996,1111,986,4951,364,3082,660,7183,573,9195,225,7912,951,4781,169,278417,13600000
Gross Profit1,654,606830,328572,7611,129,9251,522,1702,214,2881,312,629521,303184,64300000
Admin Expenses1,398,007758,2021,661,8001,205,272477,1131,195,221847,335413,80815,20100000
Operating Profit256,59972,126-1,089,039-75,3471,045,0571,019,067465,294107,495169,44200000
Interest Payable32,64439,46030,88015,2500010399000000
Interest Receivable23,38517,6411,8001,22910,7256,39381521836300000
Pre-Tax Profit247,34050,307-1,118,120-89,3681,055,7811,025,459466,006107,614169,80500000
Tax-61,835-9,55800-200,598-194,837-88,541-21,523-33,96100000
Profit After Tax185,50540,749-1,118,120-89,368855,183830,622377,46586,091135,84400000
Dividends Paid00000000000000
Retained Profit185,50540,749-1,118,120-89,368855,183830,622377,46586,091135,84400000
Employee Costs2,187,2481,095,3071,039,6862,372,4743,238,2443,137,1111,834,835797,177163,61600000
Number Of Employees5328286590905424500000
EBITDA*316,891132,745-1,032,078-19,3271,085,8611,049,590489,191126,972186,17100000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Tangible Assets266,291310,786332,257356,665277,464272,364210,349182,578150,55700000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets266,291310,786332,257356,665277,464272,364210,349182,578150,55700000
Stock & work in progress837,470718,980566,000553,520532,020565,972436,382207,04035,00000000
Trade Debtors916,121339,850188,146579,825409,4021,584,462713,945267,190140,21900000
Group Debtors00000000000000
Misc Debtors23,310261,197614,528540,757668,177191,525166,50119,515000000
Cash316,318574,520433,5581,006,1911,451,9081,408,074296,59629,470145,16900000
misc current assets00000000000000
total current assets2,093,2191,894,5471,802,2322,680,2933,061,5073,750,0331,613,424523,215320,38800000
total assets2,359,5102,205,3332,134,4893,036,9583,338,9714,022,3971,823,773705,793470,94500000
Bank overdraft00000003,180000000
Bank loan00000000000000
Trade Creditors 723,544589,889271,443122,436834,541900,674801,951244,435117,83200000
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000010,18310,183000000
other current liabilities94,128154,315297,061218,585219,1251,691,601395,468199,106217,16900000
total current liabilities817,672744,204568,504341,0211,053,6662,592,2751,207,602456,904335,00100000
loans237,767342,563488,168500,0000000000000
hp & lease commitments00000016,67126,854000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities237,767342,563488,168500,0000016,67126,854000000
total liabilities1,055,4391,086,7671,056,672841,0211,053,6662,592,2751,224,273483,758335,00100000
net assets1,304,0711,118,5661,077,8172,195,9372,285,3051,430,122599,500222,035135,94400000
total shareholders funds1,304,0711,118,5661,077,8172,195,9372,285,3051,430,122599,500222,035135,94400000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Operating Activities
Operating Profit256,59972,126-1,089,039-75,3471,045,0571,019,067465,294107,495169,44200000
Depreciation60,29260,61956,96156,02040,80430,52323,89719,47716,72900000
Amortisation00000000000000
Tax-61,835-9,55800-200,598-194,837-88,541-21,523-33,96100000
Stock118,490152,98012,48021,500-33,952129,590229,342172,04035,00000000
Debtors338,384-201,627-317,90843,003-698,408895,541593,741146,486140,21900000
Creditors133,655318,446149,007-712,105-66,13398,723557,516126,603117,83200000
Accruals and Deferred Income-60,187-142,74678,476-540-1,472,4761,296,133196,362-18,063217,16900000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-128,350347,534-499,167-796,47579,0141,224,478331,445-104,537311,99200000
Investing Activities
capital expenditure-15,797-39,148-32,553-135,221-45,904-92,538-51,668-51,498-167,28600000
Change in Investments00000000000000
cash flow from investments-15,797-39,148-32,553-135,221-45,904-92,538-51,668-51,498-167,28600000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans-104,796-145,605-11,832500,0000000000000
Hire Purchase and Lease Commitments00000-26,854-10,18337,037000000
other long term liabilities00000000000000
share issue0000000010000000
interest-9,259-21,819-29,080-14,02110,7256,39371211936300000
cash flow from financing-114,055-167,424-40,912485,97910,725-20,461-9,47137,15646300000
cash and cash equivalents
cash-258,202140,962-572,633-445,71743,8341,111,478267,126-115,699145,16900000
overdraft000000-3,1803,180000000
change in cash-258,202140,962-572,633-445,71743,8341,111,478270,306-118,879145,16900000

aviramp 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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Aviramp Limited Competitor Analysis

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Perform a competitor analysis for aviramp limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in TF3 area or any other competitors across 12 key performance metrics.

aviramp limited Ownership

AVIRAMP LIMITED group structure

Aviramp Limited has no subsidiary companies.

Ultimate parent company

AVIRAMP LIMITED

06957501

AVIRAMP LIMITED Shareholders

lisa corfield 50%
graham corfield 50%

aviramp limited directors

Aviramp Limited currently has 2 directors. The longest serving directors include Mr Graham Corfield (Jan 2011) and Mrs Lisa Corfield (Jan 2011).

officercountryagestartendrole
Mr Graham CorfieldUnited Kingdom66 years Jan 2011- Director
Mrs Lisa CorfieldUnited Kingdom55 years Jan 2011- Director

P&L

December 2023

turnover

5.7m

+101%

operating profit

256.6k

0%

gross margin

29.3%

-0.67%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.3m

+0.17%

total assets

2.4m

+0.07%

cash

316.3k

-0.45%

net assets

Total assets minus all liabilities

aviramp limited company details

company number

06957501

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

July 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

skytemps limited (January 2011)

accountant

-

auditor

-

address

a3 stafford park 15, telford, shropshire, TF3 3BB

Bank

-

Legal Advisor

-

aviramp 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 4 charges/mortgages relating to aviramp limited. Currently there are 2 open charges and 2 have been satisfied in the past.

aviramp 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.

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aviramp limited Companies House Filings - See Documents

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