engineering utc northern lincolnshire
engineering utc northern lincolnshire Company Information
Company Number
08351953
Website
www.humberutc.co.ukRegistered Address
engineering utc northern lincoln, carlton street, scunthorpe, north lincolnshire, DN15 6TA
Industry
Other education n.e.c.
Telephone
01724878100
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
engineering utc northern lincolnshire Estimated Valuation
Pomanda estimates the enterprise value of ENGINEERING UTC NORTHERN LINCOLNSHIRE at £2.5m based on a Turnover of £3m and 0.82x industry multiple (adjusted for size and gross margin).
engineering utc northern lincolnshire Estimated Valuation
Pomanda estimates the enterprise value of ENGINEERING UTC NORTHERN LINCOLNSHIRE at £5m based on an EBITDA of £1.2m and a 4.03x industry multiple (adjusted for size and gross margin).
engineering utc northern lincolnshire Estimated Valuation
Pomanda estimates the enterprise value of ENGINEERING UTC NORTHERN LINCOLNSHIRE at £15.7m based on Net Assets of £6.9m and 2.27x industry multiple (adjusted for liquidity).
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Engineering Utc Northern Lincolnshire Overview
Engineering Utc Northern Lincolnshire is a live company located in scunthorpe, DN15 6TA with a Companies House number of 08351953. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in January 2013, it's largest shareholder is unknown. Engineering Utc Northern Lincolnshire is a established, small sized company, Pomanda has estimated its turnover at £3m with high growth in recent years.
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Engineering Utc Northern Lincolnshire Health Check
Pomanda's financial health check has awarded Engineering Utc Northern Lincolnshire a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £3m, make it larger than the average company (£614k)
£3m - Engineering Utc Northern Lincolnshire
£614k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.2%)
20% - Engineering Utc Northern Lincolnshire
5.2% - Industry AVG
Production
with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)
55.6% - Engineering Utc Northern Lincolnshire
55.6% - Industry AVG
Profitability
an operating margin of 32.7% make it more profitable than the average company (5.7%)
32.7% - Engineering Utc Northern Lincolnshire
5.7% - Industry AVG
Employees
with 37 employees, this is above the industry average (18)
37 - Engineering Utc Northern Lincolnshire
18 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has a higher pay structure (£29.7k)
£38.3k - Engineering Utc Northern Lincolnshire
£29.7k - Industry AVG
Efficiency
resulting in sales per employee of £82k, this is more efficient (£50.7k)
£82k - Engineering Utc Northern Lincolnshire
£50.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (16 days)
1 days - Engineering Utc Northern Lincolnshire
16 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is slower than average (24 days)
29 days - Engineering Utc Northern Lincolnshire
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Engineering Utc Northern Lincolnshire
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is less cash available to meet short term requirements (108 weeks)
35 weeks - Engineering Utc Northern Lincolnshire
108 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.8%, this is a lower level of debt than the average (22.2%)
2.8% - Engineering Utc Northern Lincolnshire
22.2% - Industry AVG
ENGINEERING UTC NORTHERN LINCOLNSHIRE financials
Engineering Utc Northern Lincolnshire's latest turnover from August 2023 is £3 million and the company has net assets of £6.9 million. According to their latest financial statements, Engineering Utc Northern Lincolnshire has 37 employees and maintains cash reserves of £136.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,034,942 | 1,860,541 | 2,005,079 | 1,757,679 | 1,286,433 | 1,204,332 | 8,340,931 | 1,181,302 | 908,464 | 181,250 | |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 747,826 | -416,585 | 178,885 | -321,472 | -617,363 | -598,412 | 6,719,897 | -57,066 | 623,578 | 119,425 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 747,826 | -416,585 | 178,885 | -321,472 | -617,363 | -598,412 | 6,719,897 | -57,066 | 623,578 | 119,425 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 747,826 | -416,585 | 178,885 | -321,472 | -617,363 | -598,412 | 6,719,897 | -57,066 | 623,578 | 119,425 | |
| Employee Costs | 1,415,450 | 1,429,621 | 1,159,553 | 1,412,331 | 1,080,685 | 980,880 | 872,579 | 652,525 | 26,889 | ||
| Number Of Employees | 37 | 42 | 28 | 25 | 27 | 21 | 19 | 18 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,813,287 | 6,025,508 | 6,238,749 | 6,219,765 | 6,412,829 | 6,735,482 | 6,953,506 | 217,453 | 356,162 | 0 | 0 |
| Intangible Assets | 14,584 | 0 | 0 | 0 | 55 | 59,692 | 119,329 | 178,966 | 0 | 0 | 0 |
| Investments & Other | 78,000 | 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 |
| Total Fixed Assets | 5,905,871 | 6,025,508 | 6,238,749 | 6,219,765 | 6,412,884 | 6,795,174 | 7,072,835 | 396,419 | 356,162 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,670 | 1,089 | 866 | 9,142 | 35,433 | 2,183 | 56,000 | 14,200 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,068,817 | 54,582 | 47,464 | 74,426 | 70,449 | 119,896 | 78,975 | 68,542 | 152,798 | 0 | 0 |
| Cash | 136,111 | 71,587 | 111,752 | 33,068 | 37,305 | 294,635 | 712,604 | 449,767 | 448,869 | 174,400 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,216,598 | 127,258 | 160,082 | 116,636 | 143,187 | 416,714 | 847,579 | 532,509 | 601,667 | 174,400 | 0 |
| total assets | 7,122,469 | 6,152,766 | 6,398,831 | 6,336,401 | 6,556,071 | 7,211,888 | 7,920,414 | 928,928 | 957,829 | 174,400 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 110,040 | 0 | 1,716 | 18,315 | 80,322 | 60,438 | 21,748 | 78,315 | 127,809 | 51,475 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 145,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 90,716 | 78,879 | 67,643 | 89,499 | 157,690 | 264,028 | 456,832 | 159,676 | 87,017 | 3,500 | 0 |
| total current liabilities | 200,756 | 78,879 | 69,359 | 252,814 | 238,012 | 324,466 | 478,580 | 237,991 | 214,826 | 54,975 | 0 |
| loans | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 2,000 | 624,000 | 387,000 | 207,000 | 49,000 | 46,000 | 22,000 | 0 | 0 | 0 |
| total liabilities | 200,756 | 80,879 | 693,359 | 639,814 | 445,012 | 373,466 | 524,580 | 259,991 | 214,826 | 54,975 | 0 |
| net assets | 6,921,713 | 6,071,887 | 5,705,472 | 5,696,587 | 6,111,059 | 6,838,422 | 7,395,834 | 668,937 | 743,003 | 119,425 | 0 |
| total shareholders funds | 6,921,713 | 6,071,887 | 5,705,472 | 5,696,587 | 6,111,059 | 6,838,422 | 7,395,834 | 668,937 | 743,003 | 119,425 | 0 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 250,332 | 232,734 | 222,749 | 218,207 | 263,171 | 224,690 | 178,450 | 61,034 | 0 | 0 | |
| Amortisation | 3,838 | 0 | 0 | 55 | 59,637 | 59,637 | 59,637 | 59,583 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,024,816 | 7,341 | -35,238 | -22,314 | -16,197 | -12,896 | 52,233 | -70,056 | 152,798 | 0 | 0 |
| Creditors | 110,040 | -1,716 | -16,599 | -62,007 | 19,884 | 38,690 | -56,567 | -49,494 | 76,334 | 51,475 | 0 |
| Accruals and Deferred Income | 11,837 | 11,236 | -21,856 | -68,191 | -106,338 | -192,804 | 297,156 | 72,659 | 83,517 | 3,500 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 10,883 | 1,655 | -160,874 | 238,428 | 0 | |
| Change in Investments | 78,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -78,000 | 0 | 0 | 0 | 0 | 10,883 | 1,655 | -160,874 | 238,428 | 0 | |
| Financing Activities | |||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | -145,000 | 145,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -150 | 0 | |
| cash flow from financing | 102,000 | 783,000 | -317,000 | 54,000 | -110,000 | 41,000 | 7,000 | -17,000 | -150 | 0 | |
| cash and cash equivalents | |||||||||||
| cash | 64,524 | -40,165 | 78,684 | -4,237 | -257,330 | -417,969 | 262,837 | 898 | 274,469 | 174,400 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 64,524 | -40,165 | 78,684 | -4,237 | -257,330 | -417,969 | 262,837 | 898 | 274,469 | 174,400 | 0 |
engineering utc northern lincolnshire Credit Report and Business Information
Engineering Utc Northern Lincolnshire Competitor Analysis
Perform a competitor analysis for engineering utc northern lincolnshire by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in DN15 area or any other competitors across 12 key performance metrics.
engineering utc northern lincolnshire Ownership
ENGINEERING UTC NORTHERN LINCOLNSHIRE group structure
Engineering Utc Northern Lincolnshire has no subsidiary companies.
Ultimate parent company
ENGINEERING UTC NORTHERN LINCOLNSHIRE
08351953
engineering utc northern lincolnshire directors
Engineering Utc Northern Lincolnshire currently has 11 directors. The longest serving directors include Mr Graham Thornton (Sep 2017) and Mrs Karen Arundel (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Thornton | England | 66 years | Sep 2017 | - | Director |
| Mrs Karen Arundel | England | 52 years | Dec 2017 | - | Director |
| Professor Stephen Kelly | England | 68 years | Jul 2019 | - | Director |
| Professor Stephen Kelly | United Kingdom | 68 years | Jul 2019 | - | Director |
| Mrs Anesta McCullagh | England | 51 years | Jan 2020 | - | Director |
| Mr Nigel Whittle | 40 years | Sep 2020 | - | Director | |
| Miss Kelly Lowry | England | 45 years | Mar 2023 | - | Director |
| Ms Susan Jardine | England | 68 years | Mar 2023 | - | Director |
| Mrs Suzanne Hagan | England | 46 years | Mar 2023 | - | Director |
| Ms Nina Stobart | England | 53 years | Oct 2023 | - | Director |
P&L
August 2023turnover
3m
+63%
operating profit
991.9k
0%
gross margin
55.6%
-0.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
6.9m
+0.14%
total assets
7.1m
+0.16%
cash
136.1k
+0.9%
net assets
Total assets minus all liabilities
engineering utc northern lincolnshire company details
company number
08351953
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85590 - Other education n.e.c.
incorporation date
January 2013
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
humber utc limited (February 2018)
north lincolnshire utc limited (November 2013)
accountant
-
auditor
FORRESTER BOYD
address
engineering utc northern lincoln, carlton street, scunthorpe, north lincolnshire, DN15 6TA
Bank
HSBC BANK PLC, HSBC BANK PLC, HSBC BANK PLC, HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
WRIGLEYS SOLICITORS
engineering utc northern lincolnshire 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 engineering utc northern lincolnshire.
engineering utc northern lincolnshire Companies House Filings - See Documents
| date | description | view/download |
|---|
