vulcan industries plc
vulcan industries plc Company Information
Company Number
11640409
Website
-Registered Address
hill dickinson llp, 8th floor, the broadgate tower, london, EC2A 2EW
Industry
Engineering design activities for industrial process and production
Wholesale of mining, construction and civil engineering machinery
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
chestergate limited 33.4%
pear tree limited 33.4%
View Allvulcan industries plc Estimated Valuation
Pomanda estimates the enterprise value of VULCAN INDUSTRIES PLC at £536.7k based on a Turnover of £1.2m and 0.46x industry multiple (adjusted for size and gross margin).
vulcan industries plc Estimated Valuation
Pomanda estimates the enterprise value of VULCAN INDUSTRIES PLC at £0 based on an EBITDA of £-443.7k and a 5.1x industry multiple (adjusted for size and gross margin).
vulcan industries plc Estimated Valuation
Pomanda estimates the enterprise value of VULCAN INDUSTRIES PLC at £1.3m based on Net Assets of £510k and 2.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vulcan Industries Plc Overview
Vulcan Industries Plc is a live company located in london, EC2A 2EW with a Companies House number of 11640409. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in October 2018, it's largest shareholder is chestergate limited with a 33.4% stake. Vulcan Industries Plc is a young, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Vulcan Industries Plc Health Check
Pomanda's financial health check has awarded Vulcan Industries Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£8.6m)
£1.2m - Vulcan Industries Plc
£8.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -41%, show it is growing at a slower rate (5.5%)
-41% - Vulcan Industries Plc
5.5% - Industry AVG
Production
with a gross margin of 42.2%, this company has a lower cost of product (24.4%)
42.2% - Vulcan Industries Plc
24.4% - Industry AVG
Profitability
an operating margin of -46.2% make it less profitable than the average company (5.7%)
-46.2% - Vulcan Industries Plc
5.7% - Industry AVG
Employees
with 47 employees, this is above the industry average (31)
47 - Vulcan Industries Plc
31 - Industry AVG
Pay Structure
on an average salary of £21.9k, the company has a lower pay structure (£52.2k)
£21.9k - Vulcan Industries Plc
£52.2k - Industry AVG
Efficiency
resulting in sales per employee of £24.8k, this is less efficient (£268.1k)
£24.8k - Vulcan Industries Plc
£268.1k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (62 days)
52 days - Vulcan Industries Plc
62 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (43 days)
107 days - Vulcan Industries Plc
43 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (38 days)
17 days - Vulcan Industries Plc
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Vulcan Industries Plc
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.9%, this is a higher level of debt than the average (56.6%)
89.9% - Vulcan Industries Plc
56.6% - Industry AVG
VULCAN INDUSTRIES PLC financials
Vulcan Industries Plc's latest turnover from March 2023 is £1.2 million and the company has net assets of £510 thousand. According to their latest financial statements, Vulcan Industries Plc has 47 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Turnover | 1,165,000 | 46,000 | 2,327,000 | 5,670,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 674,000 | 29,000 | 1,958,000 | 4,627,000 |
| Gross Profit | 491,000 | 17,000 | 369,000 | 1,043,000 |
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | 438,000 | 390,000 | 551,000 | 622,000 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -1,020,000 | -1,299,000 | -2,562,000 | -3,194,000 |
| Tax | 71,000 | 0 | 0 | 0 |
| Profit After Tax | -949,000 | -1,299,000 | -2,562,000 | -3,194,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -949,000 | -1,299,000 | -3,423,000 | -3,194,000 |
| Employee Costs | 1,028,000 | 3,329,000 | 3,581,000 | 3,593,000 |
| Number Of Employees | 47 | 98 | 98 | 96 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 631,000 | 1,198,000 | 1,251,000 | 1,570,000 |
| Intangible Assets | 3,896,000 | 1,262,000 | 2,396,000 | 2,112,000 |
| Investments & Other | 500,000 | 500,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,527,000 | 2,460,000 | 3,647,000 | 3,682,000 |
| Stock & work in progress | 32,000 | 252,000 | 628,000 | 357,000 |
| Trade Debtors | 168,000 | 764,000 | 1,379,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 343,000 | 69,000 | 548,000 | 1,457,000 |
| Cash | 2,000 | 69,000 | 86,000 | 54,000 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 545,000 | 1,154,000 | 2,641,000 | 1,868,000 |
| total assets | 5,072,000 | 3,614,000 | 6,288,000 | 5,550,000 |
| Bank overdraft | 0 | 0 | 433,000 | 832,000 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 199,000 | 693,000 | 1,065,000 | 1,025,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 3,187,000 | 2,968,000 | 0 | 0 |
| hp & lease commitments | 0 | 125,000 | 263,000 | 317,000 |
| other current liabilities | 1,145,000 | 2,005,000 | 3,302,000 | 2,067,000 |
| total current liabilities | 4,531,000 | 5,791,000 | 5,063,000 | 4,241,000 |
| loans | 0 | 1,880,000 | 7,492,000 | 5,146,000 |
| hp & lease commitments | 0 | 266,000 | 526,000 | 748,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 62,000 | 76,000 | 76,000 | 76,000 |
| total long term liabilities | 31,000 | 978,000 | 3,784,000 | 2,611,000 |
| total liabilities | 4,562,000 | 6,769,000 | 8,847,000 | 6,852,000 |
| net assets | 510,000 | -3,155,000 | -2,559,000 | -1,302,000 |
| total shareholders funds | 510,000 | -3,155,000 | -2,559,000 | -1,302,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 55,000 | 175,000 | 361,000 | 435,000 |
| Amortisation | 40,000 | 120,000 | 266,000 | 126,000 |
| Tax | 71,000 | 0 | 0 | 0 |
| Stock | -220,000 | -376,000 | 271,000 | 357,000 |
| Debtors | -322,000 | -1,094,000 | 470,000 | 1,457,000 |
| Creditors | -494,000 | -372,000 | 40,000 | 1,025,000 |
| Accruals and Deferred Income | -860,000 | -1,297,000 | 1,235,000 | 2,067,000 |
| Deferred Taxes & Provisions | -14,000 | 0 | 0 | 76,000 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 500,000 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 219,000 | 2,968,000 | 0 | 0 |
| Long term loans | -1,880,000 | -5,612,000 | 2,346,000 | 5,146,000 |
| Hire Purchase and Lease Commitments | -391,000 | -398,000 | -276,000 | 1,065,000 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -438,000 | -390,000 | -551,000 | -622,000 |
| cash flow from financing | 2,124,000 | -2,729,000 | 3,685,000 | 7,481,000 |
| cash and cash equivalents | ||||
| cash | -67,000 | -17,000 | 32,000 | 54,000 |
| overdraft | 0 | -433,000 | -399,000 | 832,000 |
| change in cash | -67,000 | 416,000 | 431,000 | -778,000 |
vulcan industries plc Credit Report and Business Information
Vulcan Industries Plc Competitor Analysis
Perform a competitor analysis for vulcan industries plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
vulcan industries plc Ownership
VULCAN INDUSTRIES PLC group structure
Vulcan Industries Plc has 5 subsidiary companies.
Ultimate parent company
VULCAN INDUSTRIES PLC
11640409
5 subsidiaries
vulcan industries plc directors
Vulcan Industries Plc currently has 5 directors. The longest serving directors include Mr Ian Tordoff (Oct 2018) and Mr John Maxwell (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Tordoff | England | 62 years | Oct 2018 | - | Director |
| Mr John Maxwell | 79 years | Aug 2019 | - | Director | |
| Mr Neil Clayton | 61 years | Jun 2020 | - | Director | |
| Mr Neil Clayton | England | 62 years | Jun 2020 | - | Director |
| Mr Darren Taylor | England | 46 years | Aug 2022 | - | Director |
P&L
March 2023turnover
1.2m
+2433%
operating profit
-538.7k
0%
gross margin
42.2%
+14.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
510k
-1.16%
total assets
5.1m
+0.4%
cash
2k
-0.97%
net assets
Total assets minus all liabilities
Similar Companies
vulcan industries plc company details
company number
11640409
Type
Public limited with Share Capital
industry
71121 - Engineering design activities for industrial process and production
46630 - Wholesale of mining, construction and civil engineering machinery
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
October 2018
age
6
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
hill dickinson llp, 8th floor, the broadgate tower, london, EC2A 2EW
last accounts submitted
March 2023
vulcan industries plc 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 vulcan industries plc. Currently there are 2 open charges and 0 have been satisfied in the past.
vulcan industries plc Companies House Filings - See Documents
| date | description | view/download |
|---|
