Pomanda estimates the enterprise value of TECHNIP SERVICES LIMITED at £14.3m based on a Turnover of £25.2m and 0.57x industry multiple (adjusted for size and gross margin).
technip services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TECHNIP SERVICES LIMITED at £0 based on an EBITDA of £-920.9k and a 1.97x industry multiple (adjusted for size and gross margin).
technip services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TECHNIP SERVICES LIMITED at £0 based on Net Assets of £-26m and 1.32x industry multiple (adjusted for liquidity).
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Technip Services LimitedOverview
Technip Services Limited is a live company located in newcastle upon tyne, NE6 3PL with a Companies House number of 09733610. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in August 2015, it's largest shareholder is
technip uk ltd
with a 100% stake. Technip Services Limited is a established,
large sized company, Pomanda has estimated its turnover at
£25.2m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Technip Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
5 Weak
Size
annual sales of £25.2m, make it larger than the average company (£16.4m)
£25.2m - Technip Services Limited
£16.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Technip Services Limited
- - Industry AVG
Production
with a gross margin of 5.4%, this company has a higher cost of product (24.4%)
5.4% - Technip Services Limited
24.4% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (6.7%)
-3.7% - Technip Services Limited
6.7% - Industry AVG
Employees
with 117 employees, this is above the industry average (41)
117 - Technip Services Limited
41 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Technip Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £215.1k, this is equally as efficient (£216.7k)
£215.1k - Technip Services Limited
£216.7k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (53 days)
113 days - Technip Services Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Technip Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Technip Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (6 weeks)
4 weeks - Technip Services Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 228.3%, this is a higher level of debt than the average (55.1%)
228.3% - Technip Services Limited
55.1% - Industry AVG
TECHNIP SERVICES LIMITED financials
EXPORT
Technip Services Limited's latest turnover from December 2023 is £25.2 million and the company has net assets of -£26 million. According to their latest financial statements, we estimate that Technip Services Limited has 117 employees and maintains cash reserves of £3.9 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
Turnover
25,166,000
22,696,000
7,951,000
Other Income Or Grants
Cost Of Sales
23,807,000
51,575,000
10,343,000
13
Gross Profit
1,359,000
-28,879,000
-2,392,000
-13
Admin Expenses
2,279,926
-5,962,040
-433,267
6
14,482
18,342
40,187
Operating Profit
-920,926
-22,916,960
-1,958,733
-19
-14,482
-18,342
-40,187
Interest Payable
2,345,000
21,000
72,000
4
1,347
898
814
Interest Receivable
207,000
828,000
105,000
862
Pre-Tax Profit
-779,000
-28,072,000
-2,359,000
-17
-14,967
-19,968
-41,001
Tax
-36,000
5,156,000
383,000
3
Profit After Tax
-815,000
-22,916,000
-1,976,000
-14
-14,967
-19,968
-41,001
Dividends Paid
Retained Profit
-815,000
-22,916,000
-1,976,000
-14
-14,967
-19,968
-41,001
Employee Costs
Number Of Employees
117
105
37
1
2
3
1
1
EBITDA*
-920,926
-22,916,960
-1,958,733
-19
-14,482
-18,342
-40,187
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
7,830,000
5,878,000
3,532,000
100
Group Debtors
1,427,000
1,565,000
466,000
Misc Debtors
7,090,000
6,874,000
10,360,000
3
Cash
3,915,000
461,000
1,711,000
5
9,498
3,619
2,830
misc current assets
total current assets
20,262,000
14,778,000
16,069,000
8
9,498
3,619
2,830
100
total assets
20,262,000
14,778,000
16,069,000
8
9,498
3,619
2,830
100
Bank overdraft
Bank loan
Trade Creditors
220,000
9,230,000
43,731
Group/Directors Accounts
31,159,000
21,094,000
6,352,000
other short term finances
159,000
525,000
hp & lease commitments
other current liabilities
14,662,000
9,514,000
681,000
98
85,334
64,488
total current liabilities
45,821,000
30,987,000
16,788,000
98
85,334
64,488
43,731
loans
96,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
446,000
10,506,000
1,839,000
total long term liabilities
446,000
10,506,000
1,935,000
total liabilities
46,267,000
41,493,000
18,723,000
98
85,334
64,488
43,731
net assets
-26,005,000
-26,715,000
-2,654,000
-90
-75,836
-60,869
-40,901
100
total shareholders funds
-26,005,000
-26,715,000
-2,654,000
-90
-75,836
-60,869
-40,901
100
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
-920,926
-22,916,960
-1,958,733
-19
-14,482
-18,342
-40,187
Depreciation
Amortisation
Tax
-36,000
5,156,000
383,000
3
Stock
Debtors
2,030,000
-41,000
14,357,997
3
-100
100
Creditors
-220,000
-9,010,000
9,230,000
-43,731
43,731
Accruals and Deferred Income
5,148,000
8,833,000
680,902
-85,236
20,846
64,488
Deferred Taxes & Provisions
-10,060,000
8,667,000
1,839,000
Cash flow from operations
-8,118,926
-9,229,960
-4,183,828
-85,255
6,364
2,415
3,644
-100
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
10,065,000
14,742,000
6,352,000
Other Short Term Loans
-159,000
-366,000
525,000
Long term loans
-96,000
96,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,525,000
-1,145,000
-677,910
75,760
100
interest
-2,138,000
807,000
33,000
-4
-485
-898
-814
cash flow from financing
9,293,000
13,942,000
6,328,090
75,756
-485
-898
-814
100
cash and cash equivalents
cash
3,454,000
-1,250,000
1,710,995
-9,493
5,879
789
2,830
overdraft
change in cash
3,454,000
-1,250,000
1,710,995
-9,493
5,879
789
2,830
technip services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for technip services limited. Get real-time insights into technip services limited's credit score, group structure and payment trends.
Perform a competitor analysis for technip services limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other large companies, companies in NE6 area or any other competitors across 12 key performance metrics.
technip services limited Ownership
TECHNIP SERVICES LIMITED group structure
Technip Services Limited has no subsidiary companies.
hadrian house wincomblee road, newcastle upon tyne, NE6 3PL
Bank
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Legal Advisor
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technip 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 2 charges/mortgages relating to technip services limited. Currently there are 2 open charges and 0 have been satisfied in the past.
technip services 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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technip services limitedCompanies House Filings - See Documents
