ultra composites limited Company Information
Company Number
10535670
Website
www.ultra-composites.comRegistered Address
avonlea bush lane, send, woking, surrey, GU23 7HP
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
441621840437
Next Accounts Due
September 2025
Group Structure
View All
Directors
Jonathan Simpson7 Years
Shareholders
jonathan william simpson 100%
ultra composites limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRA COMPOSITES LIMITED at £107k based on a Turnover of £281.6k and 0.38x industry multiple (adjusted for size and gross margin).
ultra composites limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRA COMPOSITES LIMITED at £0 based on an EBITDA of £-11.3k and a 3.1x industry multiple (adjusted for size and gross margin).
ultra composites limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRA COMPOSITES LIMITED at £100k based on Net Assets of £44.1k and 2.27x industry multiple (adjusted for liquidity).
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Ultra Composites Limited Overview
Ultra Composites Limited is a live company located in woking, GU23 7HP with a Companies House number of 10535670. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in December 2016, it's largest shareholder is jonathan william simpson with a 100% stake. Ultra Composites Limited is a young, micro sized company, Pomanda has estimated its turnover at £281.6k with declining growth in recent years.
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Ultra Composites Limited Health Check
Pomanda's financial health check has awarded Ultra Composites Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £281.6k, make it smaller than the average company (£2.5m)
- Ultra Composites Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (7%)
- Ultra Composites Limited
7% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (45.8%)
- Ultra Composites Limited
45.8% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (5.9%)
- Ultra Composites Limited
5.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (21)
4 - Ultra Composites Limited
21 - Industry AVG
Pay Structure
on an average salary of £52.1k, the company has an equivalent pay structure (£52.1k)
- Ultra Composites Limited
£52.1k - Industry AVG
Efficiency
resulting in sales per employee of £70.4k, this is less efficient (£123.3k)
- Ultra Composites Limited
£123.3k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (56 days)
- Ultra Composites Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (31 days)
- Ultra Composites Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ultra Composites Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ultra Composites Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60%, this is a higher level of debt than the average (52.4%)
60% - Ultra Composites Limited
52.4% - Industry AVG
ULTRA COMPOSITES LIMITED financials
Ultra Composites Limited's latest turnover from December 2023 is estimated at £281.6 thousand and the company has net assets of £44.1 thousand. According to their latest financial statements, Ultra Composites Limited has 4 employees and maintains cash reserves of 0 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 | |
---|---|---|---|---|---|---|---|
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 | 4 | 4 | 4 | 6 | 5 | 4 | 4 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 16,297 | 13,707 | 22,386 | 31,575 | 14,328 | 17,719 | 3,577 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 16,297 | 13,707 | 22,386 | 31,575 | 14,328 | 17,719 | 3,577 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 93,884 | 122,782 | 105,618 | 123,639 | 75,451 | 56,383 | 38,621 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 93,884 | 122,782 | 105,618 | 123,639 | 75,451 | 56,383 | 38,621 |
total assets | 110,181 | 136,489 | 128,004 | 155,214 | 89,779 | 74,102 | 42,198 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 40,455 | 43,380 | 37,908 | 72,159 | 37,428 | 51,709 | 40,288 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 40,455 | 43,380 | 37,908 | 72,159 | 37,428 | 51,709 | 40,288 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 9,667 | 0 | 0 | 0 | 1,020 |
other liabilities | 25,641 | 37,703 | 49,067 | 50,000 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 25,641 | 37,703 | 58,734 | 50,000 | 0 | 0 | 1,020 |
total liabilities | 66,096 | 81,083 | 96,642 | 122,159 | 37,428 | 51,709 | 41,308 |
net assets | 44,085 | 55,406 | 31,362 | 33,055 | 52,351 | 22,393 | 890 |
total shareholders funds | 44,085 | 55,406 | 31,362 | 33,055 | 52,351 | 22,393 | 890 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | |||||||
Amortisation | |||||||
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -28,898 | 17,164 | -18,021 | 48,188 | 19,068 | 17,762 | 38,621 |
Creditors | -2,925 | 5,472 | -34,251 | 34,731 | -14,281 | 11,421 | 40,288 |
Accruals and Deferred Income | 0 | -9,667 | 9,667 | 0 | 0 | -1,020 | 1,020 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -12,062 | -11,364 | -933 | 50,000 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ultra composites limited Credit Report and Business Information
Ultra Composites Limited Competitor Analysis
Perform a competitor analysis for ultra composites limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in GU23 area or any other competitors across 12 key performance metrics.
ultra composites limited Ownership
ULTRA COMPOSITES LIMITED group structure
Ultra Composites Limited has no subsidiary companies.
Ultimate parent company
ULTRA COMPOSITES LIMITED
10535670
ultra composites limited directors
Ultra Composites Limited currently has 1 director, Jonathan Simpson serving since Dec 2016.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Jonathan Simpson | England | 49 years | Dec 2016 | - | Director |
P&L
December 2023turnover
281.6k
-15%
operating profit
-11.3k
0%
gross margin
24.9%
+3.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
44.1k
-0.2%
total assets
110.2k
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
ultra composites limited company details
company number
10535670
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
JACKIE BONELLA
auditor
-
address
avonlea bush lane, send, woking, surrey, GU23 7HP
Bank
STARLING BANK
Legal Advisor
-
ultra composites 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 ultra composites limited.
ultra composites limited Companies House Filings - See Documents
date | description | view/download |
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