armstrong energy limited

armstrong energy limited Company Information

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Company Number

07991720

Industry

Production of electricity

 

Shareholders

judi newman

andrew jonathan charles newman

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Group Structure

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Contact

Registered Address

level 4 ldn:w, 3 noble street, london, EC2V 7EE

armstrong energy limited Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of ARMSTRONG ENERGY LIMITED at £2.5m based on a Turnover of £2.1m and 1.23x industry multiple (adjusted for size and gross margin).

armstrong energy limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ARMSTRONG ENERGY LIMITED at £0 based on an EBITDA of £-59.3k and a 3.79x industry multiple (adjusted for size and gross margin).

armstrong energy limited Estimated Valuation

£579.9k

Pomanda estimates the enterprise value of ARMSTRONG ENERGY LIMITED at £579.9k based on Net Assets of £214.8k and 2.7x industry multiple (adjusted for liquidity).

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Armstrong Energy Limited Overview

Armstrong Energy Limited is a live company located in london, EC2V 7EE with a Companies House number of 07991720. It operates in the production of electricity sector, SIC Code 35110. Founded in March 2012, it's largest shareholder is judi newman with a 19.1% stake. Armstrong Energy Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.

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Armstrong Energy Limited Health Check

Pomanda's financial health check has awarded Armstrong Energy Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £2.1m, make it in line with the average company (£1.7m)

£2.1m - Armstrong Energy Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (11.5%)

-19% - Armstrong Energy Limited

11.5% - Industry AVG

production

Production

with a gross margin of 47.2%, this company has a higher cost of product (67.8%)

47.2% - Armstrong Energy Limited

67.8% - Industry AVG

profitability

Profitability

an operating margin of -3% make it less profitable than the average company (48.9%)

-3% - Armstrong Energy Limited

48.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Armstrong Energy Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £80k, the company has an equivalent pay structure (£80k)

£80k - Armstrong Energy Limited

£80k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.1m, this is more efficient (£449.4k)

£2.1m - Armstrong Energy Limited

£449.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is later than average (15 days)

72 days - Armstrong Energy Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 76 days, this is slower than average (20 days)

76 days - Armstrong Energy Limited

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Armstrong Energy Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (10 weeks)

5 weeks - Armstrong Energy Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51.5%, this is a lower level of debt than the average (86.4%)

51.5% - Armstrong Energy Limited

86.4% - Industry AVG

ARMSTRONG ENERGY LIMITED financials

EXPORTms excel logo

Armstrong Energy Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £214.8 thousand. According to their latest financial statements, Armstrong Energy Limited has 1 employee and maintains cash reserves of £24.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover2,069,3642,364,4253,052,1383,893,1945,287,1372,245,8711,624,3122,357,7333,143,9429,025,71411,319,321334,548
Other Income Or Grants000000000000
Cost Of Sales1,092,5051,273,4351,837,8552,409,7513,163,2901,373,4141,065,5241,655,8022,048,7986,420,9448,578,642261,492
Gross Profit976,8601,090,9891,214,2831,483,4432,123,847872,457558,788701,9311,095,1452,604,7702,740,67973,055
Admin Expenses1,038,0281,092,7951,298,5861,415,6092,770,0861,484,586217,403504,7281,655,7761,592,6401,650,43313,642
Operating Profit-61,168-1,806-84,30367,834-646,239-612,129341,385197,203-560,6311,012,1301,090,24659,413
Interest Payable0000000020393920
Interest Receivable1,0613462131282092,3521,508298378696579151
Pre-Tax Profit-60,107-1,460-84,09067,962-646,030-609,777342,893197,501-560,2721,012,7871,090,78659,545
Tax000-12,91300-65,150-39,5000-212,685-250,881-14,291
Profit After Tax-60,107-1,460-84,09055,049-646,030-609,777277,743158,001-560,272800,102839,90545,254
Dividends Paid000000000000
Retained Profit-60,107-1,460-84,09055,049-646,030-609,777277,743158,001-560,272800,102839,90545,254
Employee Costs79,96371,176322,120542,694609,1891,254,5911,211,0571,087,329171,728465,621705,09556,280
Number Of Employees11591021201839131
EBITDA*-59,314-1,806-72,70579,818-620,350-550,921419,824288,455-489,3621,031,2441,090,24659,413

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets01,85411,47515,78522,79332,41979,685147,289235,04183,93700
Intangible Assets000000000000
Investments & Other7,2887,28807,2887,288335,342335,34265,00090,25077,75015,0000
Debtors (Due After 1 year)0000082,31582,31592,735963,068270,45000
Total Fixed Assets7,2889,14211,47523,07330,081450,076497,342305,0241,288,359432,13715,0000
Stock & work in progress000000000000
Trade Debtors411,722476,462597,104793,3041,077,656452,219299,506671,316874,7112,138,4042,616,36665,311
Group Debtors000000000000
Misc Debtors000001,201,7582,271,7801,674,8391,257,821000
Cash24,13916,290056,734199,193218,631408,525194,55444,067107,323171,20560,447
misc current assets0000000267,997160,000300,00065,3670
total current assets435,861492,752597,104850,0381,276,8491,872,6082,979,8112,808,7062,336,5992,545,7272,852,938125,758
total assets443,149501,894608,579873,1111,306,9302,322,6843,477,1533,113,7303,624,9582,977,8642,867,938125,758
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 228,385227,023332,694512,6901,001,558237,557268,465157,639140,4351,291,6691,981,84579,570
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000001,133,2361,647,0211,672,1672,358,600000
total current liabilities228,385227,023332,694512,6901,001,5581,370,7931,915,4861,829,8062,499,0351,291,6691,981,84579,570
loans000000000601601601
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities00000489601601601000
provisions000000000000
total long term liabilities00000489601601601601601601
total liabilities228,385227,023332,694512,6901,001,5581,371,2821,916,0871,830,4072,499,6361,292,2701,982,44680,171
net assets214,764274,871275,885360,421305,372951,4021,561,0661,283,3231,125,3221,685,594885,49245,587
total shareholders funds214,764274,871275,885360,421305,372951,4021,561,0661,283,3231,125,3221,685,594885,49245,587
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit-61,168-1,806-84,30367,834-646,239-612,129341,385197,203-560,6311,012,1301,090,24659,413
Depreciation1,854011,59811,98425,88961,20878,43991,25271,26919,11400
Amortisation000000000000
Tax000-12,91300-65,150-39,5000-212,685-250,881-14,291
Stock000000000000
Debtors-64,740-120,642-196,200-284,352-658,636-917,309214,711-656,710686,746-207,5122,551,05565,311
Creditors1,362-105,671-179,996-488,868764,001-30,908110,82617,204-1,151,234-690,1761,902,27579,570
Accruals and Deferred Income0000-1,133,236-513,785-25,146-686,4332,358,600000
Deferred Taxes & Provisions000000000000
Cash flow from operations6,78813,165-56,501-137,611-330,949-178,305225,643236,43631,258335,895190,58559,381
Investing Activities
capital expenditure09,621-7,288-4,976-16,263-13,942-10,835-3,500-222,373-103,05100
Change in Investments07,288-7,2880-328,0540270,342-25,25012,50062,75015,0000
cash flow from investments02,3330-4,976311,791-13,942-281,17721,750-234,873-165,801-15,0000
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans00000000-60100601
Hire Purchase and Lease Commitments000000000000
other long term liabilities0000-489-11200601000
share issue0446-4460011300000333
interest1,0613462131282092,3521,508298358657540131
cash flow from financing1,061792-233128-2802,3531,5082983586575401,065
cash and cash equivalents
cash7,84916,290-56,734-142,459-19,438-189,894213,971150,487-63,256-63,882110,75860,447
overdraft000000000000
change in cash7,84916,290-56,734-142,459-19,438-189,894213,971150,487-63,256-63,882110,75860,447

armstrong energy 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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Armstrong Energy Limited Competitor Analysis

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Perform a competitor analysis for armstrong energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.

armstrong energy limited Ownership

ARMSTRONG ENERGY LIMITED group structure

Armstrong Energy Limited has 4 subsidiary companies.

ARMSTRONG ENERGY LIMITED Shareholders

judi newman 19.06%
andrew jonathan charles newman 19.06%
stephen william mahon 18.88%
tracy mahon 18.88%
julia chamberlayne 12.06%
robin francis chamberlayne 12.06%

armstrong energy limited directors

Armstrong Energy Limited currently has 4 directors. The longest serving directors include Mr Andrew Newman (Mar 2012) and Mr Robin Chamberlayne (Apr 2013).

officercountryagestartendrole
Mr Andrew NewmanEngland54 years Mar 2012- Director
Mr Robin ChamberlayneEngland58 years Apr 2013- Director
Mr Michael HughesEngland49 years Apr 2022- Director
Mr Michael HughesEngland50 years Apr 2022- Director

P&L

March 2024

turnover

2.1m

-12%

operating profit

-61.2k

0%

gross margin

47.3%

+2.31%

turnover

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

Balance Sheet

March 2024

net assets

214.8k

-0.22%

total assets

443.1k

-0.12%

cash

24.1k

+0.48%

net assets

Total assets minus all liabilities

armstrong energy limited company details

company number

07991720

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

March 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

armstrong asset management limited (June 2013)

accountant

-

auditor

-

address

level 4 ldn:w, 3 noble street, london, EC2V 7EE

Bank

-

Legal Advisor

-

armstrong energy 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 1 charges/mortgages relating to armstrong energy limited. Currently there are 1 open charges and 0 have been satisfied in the past.

armstrong energy 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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armstrong energy limited Companies House Filings - See Documents

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