elevated engineering services limited
elevated engineering services limited Company Information
Company Number
09581632
Website
www.eeslimited.co.ukRegistered Address
c/o xeinadin corporate recovery, 100, manchester, M2 3BD
Industry
Repair of machinery
Telephone
01616554421
Next Accounts Due
658 days late
Group Structure
View All
Shareholders
john mellors 100%
elevated engineering services limited Estimated Valuation
The estimated valuation range for elevated engineering services limited, derived from financial data as of September 2020 and the most recent industry multiples, is between £0 to £920.2k
elevated engineering services limited Estimated Valuation
The estimated valuation range for elevated engineering services limited, derived from financial data as of September 2020 and the most recent industry multiples, is between £0 to £920.2k
elevated engineering services limited Estimated Valuation
The estimated valuation range for elevated engineering services limited, derived from financial data as of September 2020 and the most recent industry multiples, is between £0 to £920.2k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Elevated Engineering Services Limited Overview
Elevated Engineering Services Limited is a live company located in manchester, M2 3BD with a Companies House number of 09581632. It operates in the repair of machinery sector, SIC Code 33120. Founded in May 2015, it's largest shareholder is john mellors with a 100% stake. Elevated Engineering Services Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with high growth in recent years.
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Elevated Engineering Services Limited Health Check
Pomanda's financial health check has awarded Elevated Engineering Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £2.1m, make it in line with the average company (£2.2m)
- Elevated Engineering Services Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3.5%)
- Elevated Engineering Services Limited
3.5% - Industry AVG
Production
with a gross margin of 15.5%, this company has a higher cost of product (28.7%)
- Elevated Engineering Services Limited
28.7% - Industry AVG
Profitability
an operating margin of -11.7% make it less profitable than the average company (4.8%)
- Elevated Engineering Services Limited
4.8% - Industry AVG
Employees
with 34 employees, this is above the industry average (23)
34 - Elevated Engineering Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Elevated Engineering Services Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £60.4k, this is less efficient (£182.1k)
- Elevated Engineering Services Limited
£182.1k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (45 days)
- Elevated Engineering Services Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 185 days, this is slower than average (46 days)
- Elevated Engineering Services Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 37 days, this is less than average (72 days)
- Elevated Engineering Services Limited
72 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (8 weeks)
3 weeks - Elevated Engineering Services Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 143.5%, this is a higher level of debt than the average (60.1%)
143.5% - Elevated Engineering Services Limited
60.1% - Industry AVG
elevated engineering services limited Credit Report and Business Information
Elevated Engineering Services Limited Competitor Analysis
Perform a competitor analysis for elevated engineering services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
elevated engineering services limited Ownership
ELEVATED ENGINEERING SERVICES LIMITED group structure
Elevated Engineering Services Limited has no subsidiary companies.
Ultimate parent company
ELEVATED ENGINEERING SERVICES LIMITED
09581632
elevated engineering services limited directors
Elevated Engineering Services Limited currently has 2 directors. The longest serving directors include Mr John Mellors (May 2015) and Mr Simon Horn (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Mellors | United Kingdom | 71 years | May 2015 | - | Director |
| Mr Simon Horn | United Kingdom | 50 years | Jul 2016 | - | Director |
ELEVATED ENGINEERING SERVICES LIMITED financials
Elevated Engineering Services Limited's latest turnover from September 2020 is estimated at £2.1 million and the company has net assets of -£332.7 thousand. According to their latest financial statements, Elevated Engineering Services Limited has 34 employees and maintains cash reserves of £58.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 34 | 33 | 28 | 22 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 105,404 | 163,511 | 160,133 | 118,197 | 16,772 |
| Intangible Assets | 0 | 5,133 | 9,533 | 13,933 | 18,333 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 105,404 | 168,644 | 169,666 | 132,130 | 35,105 |
| Stock & work in progress | 178,440 | 143,410 | 73,454 | 62,562 | 36,722 |
| Trade Debtors | 421,699 | 593,887 | 558,144 | 318,119 | 252,520 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 58,935 | 11,141 | 15,423 | 12,135 | 52,844 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 659,074 | 748,438 | 647,021 | 392,816 | 342,086 |
| total assets | 764,478 | 917,082 | 816,687 | 524,946 | 377,191 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 881,977 | 915,071 | 797,551 | 408,113 | 338,156 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 881,977 | 915,071 | 797,551 | 408,113 | 338,156 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 215,219 | 94,288 | 111,511 | 71,172 | 0 |
| provisions | 0 | 0 | 0 | 10,891 | 3,354 |
| total long term liabilities | 215,219 | 94,288 | 111,511 | 82,063 | 3,354 |
| total liabilities | 1,097,196 | 1,009,359 | 909,062 | 490,176 | 341,510 |
| net assets | -332,718 | -92,277 | -92,375 | 34,770 | 35,681 |
| total shareholders funds | -332,718 | -92,277 | -92,375 | 34,770 | 35,681 |
| Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 58,107 | 43,401 | 33,964 | 12,907 | 4,413 |
| Amortisation | 5,133 | 4,400 | 4,400 | 4,400 | 3,667 |
| Tax | |||||
| Stock | 35,030 | 69,956 | 10,892 | 25,840 | 36,722 |
| Debtors | -172,188 | 35,743 | 240,025 | 65,599 | 252,520 |
| Creditors | -33,094 | 117,520 | 389,438 | 69,957 | 338,156 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -10,891 | 7,537 | 3,354 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 120,931 | -17,223 | 40,339 | 71,172 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 47,794 | -4,282 | 3,288 | -40,709 | 52,844 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 47,794 | -4,282 | 3,288 | -40,709 | 52,844 |
P&L
September 2020turnover
2.1m
-5%
operating profit
-240.5k
0%
gross margin
15.5%
-25.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
-332.7k
+2.61%
total assets
764.5k
-0.17%
cash
58.9k
+4.29%
net assets
Total assets minus all liabilities
elevated engineering services limited company details
company number
09581632
Type
Private limited with Share Capital
industry
33120 - Repair of machinery
incorporation date
May 2015
age
9
accounts
Unaudited Abridged
ultimate parent company
previous names
ees realisation ltd (June 2015)
incorporated
UK
address
c/o xeinadin corporate recovery, 100, manchester, M2 3BD
last accounts submitted
September 2020
elevated engineering services 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 5 charges/mortgages relating to elevated engineering services limited. Currently there are 1 open charges and 4 have been satisfied in the past.
elevated engineering services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
