Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Pomanda estimates the enterprise value of ATLANTIC ENGINEERING GROUP LTD at £79.2k based on a Turnover of £186.7k and 0.42x industry multiple (adjusted for size and gross margin).
atlantic engineering group ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ATLANTIC ENGINEERING GROUP LTD at £0 based on an EBITDA of £-7.9k and a 3.6x industry multiple (adjusted for size and gross margin).
atlantic engineering group ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ATLANTIC ENGINEERING GROUP LTD at £0 based on Net Assets of £-111.1k and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Atlantic Engineering Group LtdOverview
Atlantic Engineering Group Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 10624601. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2017, it's largest shareholder is
ebrahim tahmasebi
with a 100% stake. Atlantic Engineering Group Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£186.7k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Atlantic Engineering Group Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £186.7k, make it smaller than the average company (£1.6m)
£186.7k - Atlantic Engineering Group Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.7%)
12% - Atlantic Engineering Group Ltd
8.7% - Industry AVG
Production
with a gross margin of 28.7%, this company has a comparable cost of product (28.7%)
28.7% - Atlantic Engineering Group Ltd
28.7% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (6.2%)
-4.9% - Atlantic Engineering Group Ltd
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Atlantic Engineering Group Ltd
13 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
£49.4k - Atlantic Engineering Group Ltd
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £93.3k, this is less efficient (£178.3k)
£93.3k - Atlantic Engineering Group Ltd
£178.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Atlantic Engineering Group Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (32 days)
40 days - Atlantic Engineering Group Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 72 days, this is less than average (129 days)
72 days - Atlantic Engineering Group Ltd
129 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Atlantic Engineering Group Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 504.8%, this is a higher level of debt than the average (63.4%)
504.8% - Atlantic Engineering Group Ltd
63.4% - Industry AVG
ATLANTIC ENGINEERING GROUP LTD financials
EXPORT
Atlantic Engineering Group Ltd's latest turnover from March 2024 is estimated at £186.7 thousand and the company has net assets of -£111.1 thousand. According to their latest financial statements, Atlantic Engineering Group Ltd has 2 employees and maintains cash reserves of £35 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
186,663
177,254
178,410
133,156
134,320
140,384
48,118
Other Income Or Grants
Cost Of Sales
133,054
127,236
130,627
97,705
98,372
100,019
33,393
Gross Profit
53,609
50,019
47,783
35,451
35,948
40,365
14,725
Admin Expenses
62,776
56,999
73,333
51,788
78,205
38,876
14,411
Operating Profit
-9,167
-6,980
-25,550
-16,337
-42,257
1,489
314
Interest Payable
3,161
4,007
3,170
1,795
270
Interest Receivable
3
2
125
17
3
32
7
Pre-Tax Profit
-12,325
-10,985
-28,595
-18,116
-42,525
1,521
321
Tax
-289
-61
Profit After Tax
-12,325
-10,985
-28,595
-18,116
-42,525
1,232
260
Dividends Paid
Retained Profit
-12,325
-10,985
-28,595
-18,116
-42,525
1,232
260
Employee Costs
98,844
97,884
92,387
86,502
88,135
91,963
43,802
Number Of Employees
2
2
2
2
2
2
1
EBITDA*
-7,864
-2,428
-20,571
-11,575
-41,150
2,597
1,241
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
510
7,461
12,013
15,908
2,393
3,500
3,709
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
510
7,461
12,013
15,908
2,393
3,500
3,709
Stock & work in progress
26,460
29,896
30,878
16,264
6,120
3,160
3,542
Trade Debtors
6,046
Group Debtors
Misc Debtors
430
430
Cash
35
70
10
33,419
185
5,583
2,823
misc current assets
141
total current assets
26,925
30,396
30,888
49,683
6,305
8,743
12,552
total assets
27,435
37,857
42,901
65,591
8,698
12,243
16,261
Bank overdraft
6,783
1,831
1,518
8,867
Bank loan
Trade Creditors
14,846
12,135
12,676
5,501
4,465
2,986
9,215
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
101,696
90,202
74,033
69,238
36,398
7,764
6,785
total current liabilities
123,325
104,168
88,227
74,739
49,730
10,750
16,000
loans
15,163
32,417
42,417
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
15,163
32,417
42,417
50,000
total liabilities
138,488
136,585
130,644
124,739
49,730
10,750
16,000
net assets
-111,053
-98,728
-87,743
-59,148
-41,032
1,493
261
total shareholders funds
-111,053
-98,728
-87,743
-59,148
-41,032
1,493
261
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
-9,167
-6,980
-25,550
-16,337
-42,257
1,489
314
Depreciation
1,303
4,552
4,979
4,762
1,107
1,108
927
Amortisation
Tax
-289
-61
Stock
-3,436
-982
14,614
10,144
2,960
-382
3,542
Debtors
430
-6,046
6,046
Creditors
2,711
-541
7,175
1,036
1,479
-6,229
9,215
Accruals and Deferred Income
11,494
16,169
4,795
32,840
28,634
979
6,785
Deferred Taxes & Provisions
Cash flow from operations
9,777
13,752
-23,215
12,157
-13,997
3,486
7,592
Investing Activities
capital expenditure
5,648
-1,084
-18,277
-899
-4,636
Change in Investments
cash flow from investments
5,648
-1,084
-18,277
-899
-4,636
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-17,254
-10,000
-7,583
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
-3,158
-4,005
-3,045
-1,778
-267
32
7
cash flow from financing
-20,412
-14,005
-10,628
48,222
-267
32
8
cash and cash equivalents
cash
-35
60
-33,409
33,234
-5,398
2,760
2,823
overdraft
4,952
313
1,518
-8,867
8,867
change in cash
-4,987
-253
-34,927
42,101
-14,265
2,760
2,823
atlantic engineering group ltd 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 atlantic engineering group ltd. Get real-time insights into atlantic engineering group ltd's credit score, group structure and payment trends.
Atlantic Engineering Group Ltd Competitor Analysis
Perform a competitor analysis for atlantic engineering group ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
atlantic engineering group ltd Ownership
ATLANTIC ENGINEERING GROUP LTD group structure
Atlantic Engineering Group Ltd has no subsidiary companies.
Ultimate parent company
ATLANTIC ENGINEERING GROUP LTD
10624601
ATLANTIC ENGINEERING GROUP LTD Shareholders
The sole shareholder of Atlantic Engineering Group Ltd is Ebrahim Tahmasebi.
ebrahim tahmasebi
100%
atlantic engineering group ltd directors
Atlantic Engineering Group Ltd currently has 1 director, Mr Ebrahim Tahmasebi serving since Dec 2022.
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
atlantic engineering group ltd 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 atlantic engineering group ltd.
atlantic engineering group ltd 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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atlantic engineering group ltdCompanies House Filings - See Documents
