contract engineering limited
contract engineering limited Company Information
Company Number
10170635
Website
-Registered Address
fen lane fen lane, long bennington, newark, NG23 5ED
Industry
Repair of machinery
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
01582584609
Next Accounts Due
1598 days late
Group Structure
View All
Directors
Jack Hyland5 Years
Shareholders
jack hyland 55%
alan woodhead 45%
contract engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT ENGINEERING LIMITED at £159.7k based on a Turnover of £360.9k and 0.44x industry multiple (adjusted for size and gross margin).
contract engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT ENGINEERING LIMITED at £638.4k based on an EBITDA of £175k and a 3.65x industry multiple (adjusted for size and gross margin).
contract engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT ENGINEERING LIMITED at £359.4k based on Net Assets of £132.1k and 2.72x industry multiple (adjusted for liquidity).
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Contract Engineering Limited Overview
Contract Engineering Limited is a live company located in newark, NG23 5ED with a Companies House number of 10170635. It operates in the repair of machinery sector, SIC Code 33120. Founded in May 2016, it's largest shareholder is jack hyland with a 55% stake. Contract Engineering Limited is a young, micro sized company, Pomanda has estimated its turnover at £360.9k with unknown growth in recent years.
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Contract Engineering Limited Health Check
Pomanda's financial health check has awarded Contract Engineering Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £360.9k, make it smaller than the average company (£3.1m)
- Contract Engineering Limited
£3.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Contract Engineering Limited
- - Industry AVG
Production
with a gross margin of 20.4%, this company has a higher cost of product (35.7%)
- Contract Engineering Limited
35.7% - Industry AVG
Profitability
an operating margin of 38.7% make it more profitable than the average company (8.6%)
- Contract Engineering Limited
8.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (35)
- Contract Engineering Limited
35 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)
- Contract Engineering Limited
£40.3k - Industry AVG
Efficiency
resulting in sales per employee of £180.5k, this is equally as efficient (£159.5k)
- Contract Engineering Limited
£159.5k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (57 days)
- Contract Engineering Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (43 days)
- Contract Engineering Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Contract Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (15 weeks)
8 weeks - Contract Engineering Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.3%, this is a lower level of debt than the average (64.3%)
47.3% - Contract Engineering Limited
64.3% - Industry AVG
CONTRACT ENGINEERING LIMITED financials
Contract Engineering Limited's latest turnover from May 2018 is estimated at £360.9 thousand and the company has net assets of £132.1 thousand. According to their latest financial statements, we estimate that Contract Engineering Limited has 2 employees and maintains cash reserves of £13.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2018 | May 2017 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2018 | May 2017 | |
|---|---|---|
| Tangible Assets | 137,350 | 12,550 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 137,350 | 12,550 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 99,988 | 20,243 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 13,451 | 9,792 |
| misc current assets | 0 | 0 |
| total current assets | 113,439 | 30,035 |
| total assets | 250,789 | 42,585 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 78,649 | 23,714 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 78,649 | 23,714 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 40,000 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 40,000 | 0 |
| total liabilities | 118,649 | 23,714 |
| net assets | 132,140 | 18,871 |
| total shareholders funds | 132,140 | 18,871 |
| May 2018 | May 2017 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 35,200 | 3,500 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 79,745 | 20,243 |
| Creditors | 54,935 | 23,714 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 40,000 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 3,659 | 9,792 |
| overdraft | 0 | 0 |
| change in cash | 3,659 | 9,792 |
contract engineering limited Credit Report and Business Information
Contract Engineering Limited Competitor Analysis
Perform a competitor analysis for contract engineering limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
contract engineering limited Ownership
CONTRACT ENGINEERING LIMITED group structure
Contract Engineering Limited has no subsidiary companies.
Ultimate parent company
CONTRACT ENGINEERING LIMITED
10170635
contract engineering limited directors
Contract Engineering Limited currently has 1 director, Mr Jack Hyland serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jack Hyland | England | 41 years | Oct 2018 | - | Director |
P&L
May 2018turnover
360.9k
+358%
operating profit
139.8k
0%
gross margin
20.4%
-2.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2018net assets
132.1k
+6%
total assets
250.8k
+4.89%
cash
13.5k
+0.37%
net assets
Total assets minus all liabilities
contract engineering limited company details
company number
10170635
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
33120 - Repair of machinery
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
May 2016
age
8
accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
fen lane fen lane, long bennington, newark, NG23 5ED
last accounts submitted
May 2018
contract engineering 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 did not find charges/mortgages relating to contract engineering limited.
contract engineering limited Companies House Filings - See Documents
| date | description | view/download |
|---|
