aspen pumps limited
aspen pumps limited Company Information
Company Number
08291827
Website
www.aspenpumps.comRegistered Address
aspen building apex way, hailsham, BN27 3WA
Industry
Other manufacturing n.e.c.
Telephone
01323848842
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
aspen pumps group limited 100%
aspen pumps limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN PUMPS LIMITED at £72m based on a Turnover of £55.8m and 1.29x industry multiple (adjusted for size and gross margin).
aspen pumps limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN PUMPS LIMITED at £237.2m based on an EBITDA of £25.6m and a 9.27x industry multiple (adjusted for size and gross margin).
aspen pumps limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN PUMPS LIMITED at £194.2m based on Net Assets of £105.8m and 1.84x industry multiple (adjusted for liquidity).
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Aspen Pumps Limited Overview
Aspen Pumps Limited is a live company located in hailsham, BN27 3WA with a Companies House number of 08291827. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in November 2012, it's largest shareholder is aspen pumps group limited with a 100% stake. Aspen Pumps Limited is a established, large sized company, Pomanda has estimated its turnover at £55.8m with high growth in recent years.
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Aspen Pumps Limited Health Check
Pomanda's financial health check has awarded Aspen Pumps Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £55.8m, make it larger than the average company (£14.6m)
£55.8m - Aspen Pumps Limited
£14.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6%)
15% - Aspen Pumps Limited
6% - Industry AVG
Production
with a gross margin of 28.8%, this company has a comparable cost of product (30%)
28.8% - Aspen Pumps Limited
30% - Industry AVG
Profitability
an operating margin of 41.7% make it more profitable than the average company (6.5%)
41.7% - Aspen Pumps Limited
6.5% - Industry AVG
Employees
with 175 employees, this is above the industry average (73)
175 - Aspen Pumps Limited
73 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£42.4k)
£49.7k - Aspen Pumps Limited
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £318.6k, this is more efficient (£183.8k)
£318.6k - Aspen Pumps Limited
£183.8k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (53 days)
38 days - Aspen Pumps Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (40 days)
43 days - Aspen Pumps Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 142 days, this is more than average (69 days)
142 days - Aspen Pumps Limited
69 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (12 weeks)
7 weeks - Aspen Pumps Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.1%, this is a similar level of debt than the average (47.6%)
47.1% - Aspen Pumps Limited
47.6% - Industry AVG
ASPEN PUMPS LIMITED financials
Aspen Pumps Limited's latest turnover from December 2023 is £55.8 million and the company has net assets of £105.8 million. According to their latest financial statements, Aspen Pumps Limited has 175 employees and maintains cash reserves of £14.2 million 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 55,751,000 | 51,042,000 | 38,468,000 | 36,192,000 | 62,074,000 | 47,171,000 | 43,482,000 | 30,245,000 | 24,206,000 | 23,351,000 | 23,889,000 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 39,698,000 | 39,379,000 | 29,608,000 | 27,308,000 | 31,521,000 | 21,448,000 | 20,362,000 | 14,119,000 | 12,377,000 | 10,999,000 | 12,943,000 | |
| Gross Profit | 16,053,000 | 11,663,000 | 8,860,000 | 8,884,000 | 30,553,000 | 25,723,000 | 23,120,000 | 16,126,000 | 11,829,000 | 12,352,000 | 10,946,000 | |
| Admin Expenses | -7,187,000 | -9,411,000 | -13,701,000 | -6,870,000 | 11,624,000 | 10,788,000 | 10,931,000 | 6,949,000 | 6,251,000 | 4,596,000 | 4,703,000 | |
| Operating Profit | 23,240,000 | 21,074,000 | 22,561,000 | 15,754,000 | 18,929,000 | 14,935,000 | 12,189,000 | 9,177,000 | 5,578,000 | 7,756,000 | 6,243,000 | |
| Interest Payable | 4,468,000 | 3,528,000 | 3,111,000 | 4,215,000 | 3,321,000 | 3,179,000 | 3,209,000 | 3,126,000 | 3,220,000 | 3,182,000 | 3,164,000 | |
| Interest Receivable | 1,330,000 | 7,491,000 | 1,114,000 | 1,682,000 | 895,000 | 112,000 | 209,000 | 68,000 | 0 | 114,000 | 0 | |
| Pre-Tax Profit | 26,481,000 | 25,037,000 | 20,564,000 | 13,221,000 | 16,503,000 | 12,258,000 | 9,246,000 | 6,119,000 | 2,358,000 | 4,688,000 | 3,079,000 | |
| Tax | -3,277,000 | -2,421,000 | -3,727,000 | -119,000 | -2,285,000 | -1,725,000 | -1,069,000 | -336,000 | -18,000 | -616,000 | -599,000 | |
| Profit After Tax | 23,204,000 | 22,616,000 | 16,837,000 | 13,102,000 | 14,218,000 | 10,533,000 | 8,177,000 | 5,783,000 | 2,340,000 | 4,072,000 | 2,480,000 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 944,000 | 0 | |
| Retained Profit | 23,204,000 | 22,616,000 | 16,837,000 | 13,102,000 | 14,218,000 | 10,533,000 | 8,177,000 | 5,783,000 | 2,340,000 | 3,128,000 | 2,480,000 | |
| Employee Costs | 8,697,000 | 7,028,000 | 8,250,000 | 5,989,000 | 4,958,000 | 6,077,000 | 6,112,000 | 4,006,000 | 3,544,000 | 3,568,000 | 3,251,000 | |
| Number Of Employees | 175 | 169 | 122 | 121 | 122 | 101 | 106 | 88 | 91 | 83 | 81 | |
| EBITDA* | 25,599,000 | 23,293,000 | 24,255,000 | 17,047,000 | 20,096,000 | 15,593,000 | 12,676,000 | 9,509,000 | 5,965,000 | 8,174,000 | 6,642,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,353,000 | 4,691,000 | 28,716,000 | 20,595,000 | 20,818,000 | 18,228,000 | 12,122,000 | 5,580,000 | 3,996,000 | 1,006,000 | 1,051,000 | 0 |
| Intangible Assets | 35,130,000 | 34,925,000 | 33,594,000 | 28,878,000 | 28,368,000 | 27,051,000 | 26,595,000 | 25,776,000 | 25,775,000 | 25,792,000 | 25,779,000 | 0 |
| Investments & Other | 70,291,000 | 36,944,000 | 24,077,000 | 16,512,000 | 16,512,000 | 16,320,000 | 10,318,000 | 3,688,000 | 2,870,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 109,774,000 | 76,560,000 | 62,310,000 | 49,473,000 | 49,186,000 | 45,279,000 | 38,717,000 | 31,356,000 | 29,771,000 | 26,798,000 | 26,830,000 | 0 |
| Stock & work in progress | 15,519,000 | 16,840,000 | 12,338,000 | 7,777,000 | 12,331,000 | 9,405,000 | 7,741,000 | 7,725,000 | 5,383,000 | 5,994,000 | 4,152,000 | 0 |
| Trade Debtors | 5,869,000 | 5,139,000 | 5,265,000 | 6,838,000 | 3,731,000 | 4,100,000 | 4,266,000 | 4,853,000 | 2,513,000 | 2,740,000 | 2,052,000 | 0 |
| Group Debtors | 49,349,000 | 33,493,000 | 24,691,000 | 62,287,000 | 35,035,000 | 22,485,000 | 16,731,000 | 10,675,000 | 12,497,000 | 12,629,000 | 0 | 0 |
| Misc Debtors | 3,751,000 | 992,000 | 1,403,000 | 2,349,000 | 494,000 | 657,000 | 737,000 | 1,010,000 | 709,000 | 502,000 | 7,997,000 | 0 |
| Cash | 14,229,000 | 22,403,000 | 21,674,000 | 17,836,000 | 10,988,000 | 6,110,000 | 9,050,000 | 6,336,000 | 3,867,000 | 1,015,000 | 3,685,000 | 0 |
| misc current assets | 1,557,000 | 2,248,000 | 520,000 | 0 | 784,000 | 101,000 | 0 | 30,000 | 446,000 | 0 | 3,000 | 0 |
| total current assets | 90,274,000 | 81,115,000 | 65,891,000 | 97,087,000 | 63,363,000 | 42,858,000 | 38,525,000 | 30,629,000 | 25,415,000 | 22,880,000 | 17,889,000 | 0 |
| total assets | 200,048,000 | 157,675,000 | 128,201,000 | 146,560,000 | 112,549,000 | 88,137,000 | 77,242,000 | 61,985,000 | 55,186,000 | 49,678,000 | 44,719,000 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 4,695,000 | 3,237,000 | 5,210,000 | 6,908,000 | 5,497,000 | 3,116,000 | 2,440,000 | 1,783,000 | 1,842,000 | 1,167,000 | 745,000 | 0 |
| Group/Directors Accounts | 79,305,000 | 63,256,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 327,000 | 194,000 | 685,000 | 317,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 941,000 | 654,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,902,000 | 5,899,000 | 61,045,000 | 75,094,000 | 57,212,000 | 51,891,000 | 52,205,000 | 45,782,000 | 44,707,000 | 42,903,000 | 1,349,000 | 0 |
| total current liabilities | 93,170,000 | 73,240,000 | 66,940,000 | 82,319,000 | 62,709,000 | 55,007,000 | 54,645,000 | 47,565,000 | 46,549,000 | 44,070,000 | 2,094,000 | 0 |
| loans | 0 | 0 | 3,546,000 | 3,660,000 | 4,984,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,098,000 | 1,859,000 | 1,773,000 | 1,830,000 | 2,492,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,145,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,098,000 | 1,859,000 | 1,773,000 | 1,830,000 | 2,492,000 | 0 | 0 | 0 | 0 | 0 | 40,145,000 | 0 |
| total liabilities | 94,268,000 | 75,099,000 | 68,713,000 | 84,149,000 | 65,201,000 | 55,007,000 | 54,645,000 | 47,565,000 | 46,549,000 | 44,070,000 | 42,239,000 | 0 |
| net assets | 105,780,000 | 82,576,000 | 59,488,000 | 62,411,000 | 47,348,000 | 33,130,000 | 22,597,000 | 14,420,000 | 8,637,000 | 5,608,000 | 2,480,000 | 0 |
| total shareholders funds | 105,780,000 | 82,576,000 | 59,488,000 | 62,411,000 | 47,348,000 | 33,130,000 | 22,597,000 | 14,420,000 | 8,637,000 | 5,608,000 | 2,480,000 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 23,240,000 | 21,074,000 | 22,561,000 | 15,754,000 | 18,929,000 | 14,935,000 | 12,189,000 | 9,177,000 | 5,578,000 | 7,756,000 | 6,243,000 | |
| Depreciation | 1,215,000 | 1,256,000 | 916,000 | 866,000 | 859,000 | 435,000 | 363,000 | 258,000 | 293,000 | 323,000 | 320,000 | |
| Amortisation | 1,144,000 | 963,000 | 778,000 | 427,000 | 308,000 | 223,000 | 124,000 | 74,000 | 94,000 | 95,000 | 79,000 | |
| Tax | -3,277,000 | -2,421,000 | -3,727,000 | -119,000 | -2,285,000 | -1,725,000 | -1,069,000 | -336,000 | -18,000 | -616,000 | -599,000 | |
| Stock | -1,321,000 | 4,502,000 | 4,561,000 | -4,554,000 | 2,926,000 | 1,664,000 | 16,000 | 2,342,000 | -611,000 | 1,842,000 | 4,152,000 | 0 |
| Debtors | 19,345,000 | 8,265,000 | -40,115,000 | 32,214,000 | 12,018,000 | 5,508,000 | 5,196,000 | 819,000 | -152,000 | 5,822,000 | 10,049,000 | 0 |
| Creditors | 1,458,000 | -1,973,000 | -1,698,000 | 1,411,000 | 2,381,000 | 676,000 | 657,000 | -59,000 | 675,000 | 422,000 | 745,000 | 0 |
| Accruals and Deferred Income | 2,003,000 | -55,146,000 | -14,049,000 | 17,882,000 | 5,321,000 | -314,000 | 6,423,000 | 1,075,000 | 1,804,000 | 41,554,000 | 1,349,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 7,759,000 | -49,014,000 | 40,335,000 | 8,561,000 | 10,569,000 | 7,058,000 | 13,475,000 | 7,028,000 | 9,189,000 | 41,870,000 | -6,064,000 | |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 33,347,000 | 12,867,000 | 7,565,000 | 0 | 192,000 | 6,002,000 | 6,630,000 | 818,000 | 2,870,000 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 16,049,000 | 63,256,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 133,000 | -491,000 | 368,000 | 317,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -3,546,000 | -114,000 | -1,324,000 | 4,984,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -474,000 | 740,000 | -57,000 | -662,000 | 2,492,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40,145,000 | 40,145,000 | 0 |
| share issue | ||||||||||||
| interest | -3,138,000 | 3,963,000 | -1,997,000 | -2,533,000 | -2,426,000 | -3,067,000 | -3,000,000 | -3,058,000 | -3,220,000 | -3,068,000 | -3,164,000 | |
| cash flow from financing | 12,570,000 | 64,394,000 | -21,560,000 | -2,241,000 | 5,050,000 | -3,067,000 | -3,000,000 | -3,058,000 | -2,531,000 | -43,213,000 | 36,981,000 | |
| cash and cash equivalents | ||||||||||||
| cash | -8,174,000 | 729,000 | 3,838,000 | 6,848,000 | 4,878,000 | -2,940,000 | 2,714,000 | 2,469,000 | 2,852,000 | -2,670,000 | 3,685,000 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,174,000 | 729,000 | 3,838,000 | 6,848,000 | 4,878,000 | -2,940,000 | 2,714,000 | 2,469,000 | 2,852,000 | -2,670,000 | 3,685,000 | 0 |
aspen pumps limited Credit Report and Business Information
Aspen Pumps Limited Competitor Analysis
Perform a competitor analysis for aspen pumps limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in BN27 area or any other competitors across 12 key performance metrics.
aspen pumps limited Ownership
ASPEN PUMPS LIMITED group structure
Aspen Pumps Limited has 6 subsidiary companies.
Ultimate parent company
ROCKY TOPCO LTD
#0122540
2 parents
ASPEN PUMPS LIMITED
08291827
6 subsidiaries
aspen pumps limited directors
Aspen Pumps Limited currently has 4 directors. The longest serving directors include Mr Serge Becker (Dec 2012) and Mr Kevin Bergin (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Serge Becker | United Kingdom | 47 years | Dec 2012 | - | Director |
| Mr Kevin Bergin | England | 64 years | May 2016 | - | Director |
| Mr Laurence Tampkins | England | 48 years | Apr 2022 | - | Director |
| Mr Walter Martin | England | 59 years | Apr 2022 | - | Director |
P&L
December 2023turnover
55.8m
+9%
operating profit
23.2m
+10%
gross margin
28.8%
+26.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
105.8m
+0.28%
total assets
200m
+0.27%
cash
14.2m
-0.36%
net assets
Total assets minus all liabilities
aspen pumps limited company details
company number
08291827
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
November 2012
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
aspen bidco limited (January 2013)
accountant
-
auditor
BDO LLP
address
aspen building apex way, hailsham, BN27 3WA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
JONES DAY
aspen pumps 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 10 charges/mortgages relating to aspen pumps limited. Currently there are 5 open charges and 5 have been satisfied in the past.
aspen pumps limited Companies House Filings - See Documents
| date | description | view/download |
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