Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
8 stuart road bredbury, stockport, greater manchester, SK6 2SR
Website
-
atlas utilities ltdEstimated Valuation
£260.6k
Pomanda estimates the enterprise value of ATLAS UTILITIES LTD at £260.6k based on a Turnover of £872.8k and 0.3x industry multiple (adjusted for size and gross margin).
atlas utilities ltdEstimated Valuation
£569.5k
Pomanda estimates the enterprise value of ATLAS UTILITIES LTD at £569.5k based on an EBITDA of £190.8k and a 2.99x industry multiple (adjusted for size and gross margin).
atlas utilities ltdEstimated Valuation
£694.3k
Pomanda estimates the enterprise value of ATLAS UTILITIES LTD at £694.3k based on Net Assets of £325.5k and 2.13x industry multiple (adjusted for liquidity).
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Atlas Utilities LtdOverview
Atlas Utilities Ltd is a live company located in greater manchester, SK6 2SR with a Companies House number of 12609402. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in May 2020, it's largest shareholder is
christopher derek lane
with a 50% stake. Atlas Utilities Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£872.8k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Atlas Utilities Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £872.8k, make it smaller than the average company (£8m)
£872.8k - Atlas Utilities Ltd
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (11.7%)
43% - Atlas Utilities Ltd
11.7% - Industry AVG
Production
with a gross margin of 14.4%, this company has a higher cost of product (25%)
14.4% - Atlas Utilities Ltd
25% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (6.2%)
13.9% - Atlas Utilities Ltd
6.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (32)
3 - Atlas Utilities Ltd
32 - Industry AVG
Pay Structure
on an average salary of £50.3k, the company has an equivalent pay structure (£50.3k)
£50.3k - Atlas Utilities Ltd
£50.3k - Industry AVG
Efficiency
resulting in sales per employee of £290.9k, this is more efficient (£199.5k)
£290.9k - Atlas Utilities Ltd
£199.5k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (52 days)
99 days - Atlas Utilities Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (36 days)
61 days - Atlas Utilities Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Atlas Utilities Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is less cash available to meet short term requirements (20 weeks)
16 weeks - Atlas Utilities Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.2%, this is a lower level of debt than the average (60.2%)
47.2% - Atlas Utilities Ltd
60.2% - Industry AVG
ATLAS UTILITIES LTD financials
EXPORT
Atlas Utilities Ltd's latest turnover from May 2024 is estimated at £872.8 thousand and the company has net assets of £325.5 thousand. According to their latest financial statements, we estimate that Atlas Utilities Ltd has 3 employees and maintains cash reserves of £38.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
Turnover
872,771
634,578
425,435
296,594
Other Income Or Grants
Cost Of Sales
747,489
546,064
364,704
257,977
Gross Profit
125,282
88,514
60,731
38,618
Admin Expenses
4,182
-175,381
37,726
18,709
Operating Profit
121,100
263,895
23,005
19,909
Interest Payable
Interest Receivable
1,468
822
176
8
Pre-Tax Profit
122,568
264,717
23,181
19,917
Tax
-30,642
-66,179
-4,404
-3,784
Profit After Tax
91,926
198,538
18,777
16,133
Dividends Paid
Retained Profit
91,926
198,538
18,777
16,133
Employee Costs
150,962
231,282
87,187
209,914
Number Of Employees
3
5
2
5
EBITDA*
190,768
274,519
25,897
20,055
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
Tangible Assets
340,148
114,630
9,509
11,646
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
340,148
114,630
9,509
11,646
Stock & work in progress
Trade Debtors
237,484
212,389
101,968
56,933
Group Debtors
Misc Debtors
Cash
38,931
16,976
19,560
15,672
misc current assets
total current assets
276,415
229,365
121,528
72,605
total assets
616,563
343,995
131,037
84,251
Bank overdraft
Bank loan
Trade Creditors
125,569
81,739
94,170
65,755
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
125,569
81,739
94,170
65,755
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
105,514
provisions
59,956
28,658
1,807
2,213
total long term liabilities
165,470
28,658
1,807
2,213
total liabilities
291,039
110,397
95,977
67,968
net assets
325,524
233,598
35,060
16,283
total shareholders funds
325,524
233,598
35,060
16,283
May 2024
May 2023
May 2022
May 2021
Operating Activities
Operating Profit
121,100
263,895
23,005
19,909
Depreciation
69,668
10,624
2,892
146
Amortisation
Tax
-30,642
-66,179
-4,404
-3,784
Stock
Debtors
25,095
110,421
45,035
56,933
Creditors
43,830
-12,431
28,415
65,755
Accruals and Deferred Income
Deferred Taxes & Provisions
31,298
26,851
-406
2,213
Cash flow from operations
210,159
112,339
4,467
27,306
Investing Activities
capital expenditure
-295,186
-115,745
-755
-11,792
Change in Investments
cash flow from investments
-295,186
-115,745
-755
-11,792
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
105,514
share issue
150
interest
1,468
822
176
8
cash flow from financing
106,982
822
176
158
cash and cash equivalents
cash
21,955
-2,584
3,888
15,672
overdraft
change in cash
21,955
-2,584
3,888
15,672
atlas utilities 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 atlas utilities ltd. Get real-time insights into atlas utilities ltd's credit score, group structure and payment trends.
Perform a competitor analysis for atlas utilities ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SK6 area or any other competitors across 12 key performance metrics.
atlas utilities ltd Ownership
ATLAS UTILITIES LTD group structure
Atlas Utilities Ltd has no subsidiary companies.
Ultimate parent company
ATLAS UTILITIES LTD
12609402
ATLAS UTILITIES LTD Shareholders
The largest shareholders in Atlas Utilities Ltd include Christopher Derek Lane and David Mark Pennington.
christopher derek lane
50%
david mark pennington
50%
atlas utilities ltd directors
Atlas Utilities Ltd currently has 2 directors.
The longest serving directors include
Mr Christopher Lane (May 2020) and
Mr David Pennington (Jul 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024
net assets
325.5k
+0.39%
total assets
616.6k
+0.79%
cash
38.9k
+1.29%
net assets
Total assets minus all liabilities
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atlas utilities ltd company details
company number
12609402
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
May 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
May 2024
previous names
N/A
accountant
WALKER BEGLEY LIMITED
auditor
-
address
8 stuart road bredbury, stockport, greater manchester, SK6 2SR
Bank
-
Legal Advisor
-
atlas utilities 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 atlas utilities ltd.
atlas utilities 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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atlas utilities ltdCompanies House Filings - See Documents
