Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Pomanda estimates the enterprise value of AERO FORGINGS MIDCO LIMITED at £211m based on a Turnover of £136.7m and 1.54x industry multiple (adjusted for size and gross margin).
aero forgings midco limitedEstimated Valuation
£145.6m
Pomanda estimates the enterprise value of AERO FORGINGS MIDCO LIMITED at £145.6m based on an EBITDA of £22.4m and a 6.51x industry multiple (adjusted for size and gross margin).
aero forgings midco limitedEstimated Valuation
£99.3m
Pomanda estimates the enterprise value of AERO FORGINGS MIDCO LIMITED at £99.3m based on Net Assets of £78.3m and 1.27x industry multiple (adjusted for liquidity).
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Aero Forgings Midco LimitedOverview
Aero Forgings Midco Limited is a live company located in matlock, DE4 2JB with a Companies House number of 12187402. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2019, it's largest shareholder is
forged solutions global holdings inc
with a 100% stake. Aero Forgings Midco Limited is a young,
mega sized company, Pomanda has estimated its turnover at
£136.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Aero Forgings Midco Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £136.7m, make it larger than the average company (£18.9m)
£136.7m - Aero Forgings Midco Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (10.5%)
7% - Aero Forgings Midco Limited
10.5% - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (36.4%)
14% - Aero Forgings Midco Limited
36.4% - Industry AVG
Profitability
an operating margin of 10.3% make it more profitable than the average company (4.5%)
10.3% - Aero Forgings Midco Limited
4.5% - Industry AVG
Employees
with 578 employees, this is above the industry average (104)
578 - Aero Forgings Midco Limited
104 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£44.7k)
£49.5k - Aero Forgings Midco Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £236.5k, this is more efficient (£190.6k)
£236.5k - Aero Forgings Midco Limited
£190.6k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (45 days)
86 days - Aero Forgings Midco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (44 days)
57 days - Aero Forgings Midco Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 116 days, this is more than average (40 days)
116 days - Aero Forgings Midco Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is average cash available to meet short term requirements (14 weeks)
14 weeks - Aero Forgings Midco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.2%, this is a lower level of debt than the average (69.7%)
44.2% - Aero Forgings Midco Limited
69.7% - Industry AVG
AERO FORGINGS MIDCO LIMITED financials
EXPORT
Aero Forgings Midco Limited's latest turnover from December 2023 is £136.7 million and the company has net assets of £78.3 million. According to their latest financial statements, Aero Forgings Midco Limited has 578 employees and maintains cash reserves of £6.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Turnover
136,692,000
102,855,000
80,929,000
110,992,000
Other Income Or Grants
Cost Of Sales
117,577,000
99,541,000
75,026,000
110,663,000
Gross Profit
19,115,000
3,314,000
5,903,000
329,000
Admin Expenses
5,017,000
3,677,000
965,000
6,340,000
Operating Profit
14,098,000
-363,000
4,938,000
-6,011,000
Interest Payable
2,722,000
1,385,000
1,078,000
1,557,000
Interest Receivable
1,440,000
32,000
33,000
Pre-Tax Profit
12,816,000
-1,716,000
3,860,000
-7,535,000
Tax
-2,707,000
1,594,000
1,319,000
-600,000
Profit After Tax
10,109,000
-122,000
5,179,000
-8,135,000
Dividends Paid
Retained Profit
10,109,000
-122,000
5,179,000
-8,135,000
Employee Costs
28,631,000
23,690,000
20,350,000
34,993,000
Number Of Employees
578
510
480
670
EBITDA*
22,351,000
7,303,000
13,566,000
1,523,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Tangible Assets
50,435,000
52,099,000
52,713,000
54,330,000
Intangible Assets
4,895,000
10,233,000
15,571,000
20,812,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
55,330,000
62,332,000
68,284,000
75,142,000
Stock & work in progress
37,472,000
32,938,000
32,853,000
41,974,000
Trade Debtors
32,376,000
25,724,000
21,013,000
15,120,000
Group Debtors
965,000
Misc Debtors
7,337,000
10,166,000
8,694,000
7,487,000
Cash
6,832,000
2,827,000
738,000
963,000
misc current assets
total current assets
84,982,000
71,655,000
63,298,000
65,544,000
total assets
140,312,000
133,987,000
131,582,000
140,686,000
Bank overdraft
Bank loan
22,992,000
Trade Creditors
18,421,000
17,247,000
13,260,000
12,628,000
Group/Directors Accounts
1,384,000
208,000
736,000
other short term finances
hp & lease commitments
68,000
91,000
90,000
other current liabilities
4,872,000
4,850,000
2,829,000
3,592,000
total current liabilities
24,677,000
22,373,000
39,172,000
17,046,000
loans
28,421,000
27,763,000
12,641,000
40,939,000
hp & lease commitments
68,000
159,000
Accruals and Deferred Income
816,000
951,000
1,086,000
1,204,000
other liabilities
6,861,000
14,344,000
21,827,000
30,215,000
provisions
1,250,000
378,000
766,000
1,016,000
total long term liabilities
37,348,000
43,436,000
36,388,000
73,533,000
total liabilities
62,025,000
65,809,000
75,560,000
90,579,000
net assets
78,287,000
68,178,000
56,022,000
50,107,000
total shareholders funds
78,287,000
68,178,000
56,022,000
50,107,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Operating Activities
Operating Profit
14,098,000
-363,000
4,938,000
-6,011,000
Depreciation
6,108,000
5,521,000
5,481,000
4,937,000
Amortisation
2,145,000
2,145,000
3,147,000
2,597,000
Tax
-2,707,000
1,594,000
1,319,000
-600,000
Stock
4,534,000
85,000
-9,121,000
41,974,000
Debtors
4,788,000
6,183,000
7,100,000
22,607,000
Creditors
1,174,000
3,987,000
632,000
12,628,000
Accruals and Deferred Income
-113,000
1,886,000
-881,000
4,796,000
Deferred Taxes & Provisions
872,000
-388,000
-250,000
1,016,000
Cash flow from operations
12,255,000
8,114,000
16,407,000
-45,218,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-22,992,000
22,992,000
Group/Directors Accounts
1,176,000
208,000
-736,000
736,000
Other Short Term Loans
Long term loans
658,000
15,122,000
-28,298,000
40,939,000
Hire Purchase and Lease Commitments
-68,000
-91,000
-90,000
249,000
other long term liabilities
-7,483,000
-7,483,000
-8,388,000
30,215,000
share issue
12,278,000
736,000
58,242,000
interest
-1,282,000
-1,353,000
-1,078,000
-1,524,000
cash flow from financing
-6,999,000
-4,311,000
-14,862,000
128,857,000
cash and cash equivalents
cash
4,005,000
2,089,000
-225,000
963,000
overdraft
change in cash
4,005,000
2,089,000
-225,000
963,000
aero forgings midco 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 aero forgings midco limited. Get real-time insights into aero forgings midco limited's credit score, group structure and payment trends.
Perform a competitor analysis for aero forgings midco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in DE4 area or any other competitors across 12 key performance metrics.
aero forgings midco limited Ownership
AERO FORGINGS MIDCO LIMITED group structure
Aero Forgings Midco Limited has 1 subsidiary company.
The sole shareholder of Aero Forgings Midco Limited is Forged Solutions Global Holdings Inc.
forged solutions global holdings inc
100%
aero forgings midco limited directors
Aero Forgings Midco Limited currently has 5 directors.
The longest serving directors include
Mr Peter Manos (Sep 2019) and
Mr Benjamin McIvor (Feb 2020).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
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 1 charges/mortgages relating to aero forgings midco limited. Currently there are 1 open charges and 0 have been satisfied in the past.
aero forgings midco 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.
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aero forgings midco limitedCompanies House Filings - See Documents
