ev engineering limited

Live YoungSmallHigh

ev engineering limited Company Information

Share EV ENGINEERING LIMITED

Company Number

10540306

Shareholders

robert wesley white

david white

View All

Group Structure

View All

Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Registered Address

apex house thomas street, trethomas, caerphilly, CF83 8DP

ev engineering limited Estimated Valuation

£662k

Pomanda estimates the enterprise value of EV ENGINEERING LIMITED at £662k based on a Turnover of £1.5m and 0.43x industry multiple (adjusted for size and gross margin).

ev engineering limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of EV ENGINEERING LIMITED at £1.7m based on an EBITDA of £471.5k and a 3.69x industry multiple (adjusted for size and gross margin).

ev engineering limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EV ENGINEERING LIMITED at £0 based on Net Assets of £-110.3k and 2.36x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Ev Engineering Limited Overview

Ev Engineering Limited is a live company located in caerphilly, CF83 8DP with a Companies House number of 10540306. It operates in the other engineering activities sector, SIC Code 71129. Founded in December 2016, it's largest shareholder is robert wesley white with a 90.9% stake. Ev Engineering Limited is a young, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Ev Engineering Limited Health Check

Pomanda's financial health check has awarded Ev Engineering Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£5.2m)

£1.5m - Ev Engineering Limited

£5.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (8.2%)

18% - Ev Engineering Limited

8.2% - Industry AVG

production

Production

with a gross margin of 32.9%, this company has a comparable cost of product (32.9%)

32.9% - Ev Engineering Limited

32.9% - Industry AVG

profitability

Profitability

an operating margin of 17.9% make it more profitable than the average company (5.8%)

17.9% - Ev Engineering Limited

5.8% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (36)

8 - Ev Engineering Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £58.1k, the company has an equivalent pay structure (£58.1k)

£58.1k - Ev Engineering Limited

£58.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £190.6k, this is more efficient (£136.4k)

£190.6k - Ev Engineering Limited

£136.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is near the average (66 days)

64 days - Ev Engineering Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 84 days, this is slower than average (28 days)

84 days - Ev Engineering Limited

28 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 81 days, this is more than average (35 days)

81 days - Ev Engineering Limited

35 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)

0 weeks - Ev Engineering Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 109%, this is a higher level of debt than the average (57.4%)

109% - Ev Engineering Limited

57.4% - Industry AVG

EV ENGINEERING LIMITED financials

EXPORTms excel logo

Ev Engineering Limited's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of -£110.3 thousand. According to their latest financial statements, Ev Engineering Limited has 8 employees and maintains cash reserves of £3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover1,524,6511,375,2151,140,315935,5911,543,8591,780,7401,916,856
Other Income Or Grants
Cost Of Sales1,022,949929,394776,589647,9791,050,8281,179,7011,290,093
Gross Profit501,703445,821363,726287,612493,031601,039626,763
Admin Expenses229,005505,725461,684341,353426,246556,918602,387
Operating Profit272,698-59,904-97,958-53,74166,78544,12124,376
Interest Payable68,01668,58139,58135,87623,447
Interest Receivable93947921023253
Pre-Tax Profit204,775-127,539-137,447-89,60743,36244,14624,379
Tax-51,194-8,239-8,388-4,632
Profit After Tax153,581-127,539-137,447-89,60735,12335,75819,747
Dividends Paid
Retained Profit153,581-127,539-137,447-89,60735,12335,75819,747
Employee Costs464,836453,965431,741506,252666,054513,454438,266
Number Of Employees8881013109
EBITDA*471,524163,615110,019100,820106,86854,77024,376

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets126,927297,008514,049433,620529,063124,0706,126
Intangible Assets1,000
Investments & Other
Debtors (Due After 1 year)110,011
Total Fixed Assets126,927297,008514,049433,620529,063234,0817,126
Stock & work in progress228,709175,930121,171121,171129,838112,90097,553
Trade Debtors270,867224,597213,688166,146276,637211,795319,455
Group Debtors
Misc Debtors593,950449,262391,14057,50578,625
Cash3,00655053,54120,0427235,5001,150
misc current assets1,246
total current assets1,096,532850,339779,540364,864487,069330,195418,158
total assets1,223,4591,147,3471,293,589798,4841,016,132564,276425,284
Bank overdraft228,737198,092179,364219191,624
Bank loan
Trade Creditors 237,573234,474141,14062,328191,298446,751405,437
Group/Directors Accounts264
other short term finances147,103147,350101,527202,981
hp & lease commitments
other current liabilities533,251490,458461,221195,71939,382
total current liabilities999,5611,070,127929,075360,057625,285446,751405,437
loans321,672313,575458,330379,796300,119
hp & lease commitments12,50027,50042,500
Accruals and Deferred Income
other liabilities57,50061,920
provisions
total long term liabilities334,172341,075500,830437,296300,11961,920
total liabilities1,333,7331,411,2021,429,905797,353925,404508,671405,437
net assets-110,274-263,855-136,3161,13190,72855,60519,847
total shareholders funds-110,274-263,855-136,3161,13190,72855,60519,847
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit272,698-59,904-97,958-53,74166,78544,12124,376
Depreciation198,826223,519207,977154,56140,0839,649
Amortisation1,000
Tax-51,194-8,239-8,388-4,632
Stock52,77954,759-8,66716,93815,34797,553
Debtors190,95869,031381,177-131,61133,4562,351319,455
Creditors3,09993,33478,812-128,970-255,45341,314405,437
Accruals and Deferred Income42,79329,237265,502156,33739,382
Deferred Taxes & Provisions
Cash flow from operations222,485162,39673,156268,465-167,83669,9988,173
Investing Activities
capital expenditure-28,745-6,478-288,406-59,118-445,076-127,593-7,126
Change in Investments
cash flow from investments-28,745-6,478-288,406-59,118-445,076-127,593-7,126
Financing Activities
Bank loans
Group/Directors Accounts-264264
Other Short Term Loans -147,103-24745,823-101,454202,981
Long term loans8,097-144,75578,53479,677300,119
Hire Purchase and Lease Commitments-15,000-15,00042,500
other long term liabilities-57,50057,500-61,92061,920
share issue10100
interest-67,923-67,634-39,489-35,866-23,424253
cash flow from financing-221,929-227,63669,604131417,75661,945103
cash and cash equivalents
cash2,456-52,99133,49919,319-4,7774,3501,150
overdraft30,64518,728179,145-191,405191,624
change in cash-28,189-71,719-145,646210,724-196,4014,3501,150

ev engineering 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 ev engineering limited. Get real-time insights into ev engineering limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Ev Engineering Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ev engineering limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CF83 area or any other competitors across 12 key performance metrics.

ev engineering limited Ownership

EV ENGINEERING LIMITED group structure

Ev Engineering Limited has no subsidiary companies.

Ultimate parent company

EV ENGINEERING LIMITED

10540306

EV ENGINEERING LIMITED Shareholders

robert wesley white 90.91%
david white 7.27%
evie mae white 1.82%

ev engineering limited directors

Ev Engineering Limited currently has 2 directors. The longest serving directors include Mr Robert White (Dec 2016) and Mr David White (Feb 2025).

officercountryagestartendrole
Mr Robert WhiteWales89 years Dec 2016- Director
Mr David WhiteWales51 years Feb 2025- Director

P&L

December 2023

turnover

1.5m

+11%

operating profit

272.7k

0%

gross margin

33%

+1.5%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-110.3k

-0.58%

total assets

1.2m

+0.07%

cash

3k

+4.47%

net assets

Total assets minus all liabilities

ev engineering limited company details

company number

10540306

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

December 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

lazermark limited (March 2017)

accountant

EXCEED ACCOUNTANTS LIMITED

auditor

-

address

apex house thomas street, trethomas, caerphilly, CF83 8DP

Bank

-

Legal Advisor

-

ev 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 ev engineering limited.

ev engineering 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.

Click to start generating capital raising & share issue transactions for EV ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.

ev engineering limited Companies House Filings - See Documents

datedescriptionview/download