exciting instruments limited
exciting instruments limited Company Information
Company Number
13654759
Next Accounts
Jun 2025
Industry
Manufacture of optical precision instruments
Shareholders
timothy craggs
robert bell
View AllGroup Structure
View All
Contact
Registered Address
the innovation centre, 217 portobello, sheffield, S1 4DP
Website
-exciting instruments limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITING INSTRUMENTS LIMITED at £319.3k based on a Turnover of £321.4k and 0.99x industry multiple (adjusted for size and gross margin).
exciting instruments limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITING INSTRUMENTS LIMITED at £386.4k based on an EBITDA of £65.5k and a 5.9x industry multiple (adjusted for size and gross margin).
exciting instruments limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITING INSTRUMENTS LIMITED at £0 based on Net Assets of £-163.2k and 2.25x industry multiple (adjusted for liquidity).
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Exciting Instruments Limited Overview
Exciting Instruments Limited is a live company located in sheffield, S1 4DP with a Companies House number of 13654759. It operates in the manufacture of optical precision instruments sector, SIC Code 26701. Founded in September 2021, it's largest shareholder is timothy craggs with a 42% stake. Exciting Instruments Limited is a startup, micro sized company, Pomanda has estimated its turnover at £321.4k with unknown growth in recent years.
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Exciting Instruments Limited Health Check
Pomanda's financial health check has awarded Exciting Instruments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £321.4k, make it smaller than the average company (£10.6m)
- Exciting Instruments Limited
£10.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Exciting Instruments Limited
- - Industry AVG
Production
with a gross margin of 47.4%, this company has a comparable cost of product (47.4%)
- Exciting Instruments Limited
47.4% - Industry AVG
Profitability
an operating margin of 17.5% make it more profitable than the average company (7%)
- Exciting Instruments Limited
7% - Industry AVG
Employees
with 6 employees, this is below the industry average (62)
6 - Exciting Instruments Limited
62 - Industry AVG
Pay Structure
on an average salary of £59k, the company has an equivalent pay structure (£59k)
- Exciting Instruments Limited
£59k - Industry AVG
Efficiency
resulting in sales per employee of £53.6k, this is less efficient (£146k)
- Exciting Instruments Limited
£146k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (46 days)
- Exciting Instruments Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (56 days)
- Exciting Instruments Limited
56 days - Industry AVG
Stock Days
it holds stock equivalent to 68 days, this is less than average (141 days)
- Exciting Instruments Limited
141 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (18 weeks)
15 weeks - Exciting Instruments Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 166.8%, this is a higher level of debt than the average (35.9%)
166.8% - Exciting Instruments Limited
35.9% - Industry AVG
EXCITING INSTRUMENTS LIMITED financials
Exciting Instruments Limited's latest turnover from September 2023 is estimated at £321.4 thousand and the company has net assets of -£163.2 thousand. According to their latest financial statements, Exciting Instruments Limited has 6 employees and maintains cash reserves of £112.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Turnover | ||
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | ||
| Tax | ||
| Profit After Tax | ||
| Dividends Paid | ||
| Retained Profit | ||
| Employee Costs | ||
| Number Of Employees | 6 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Tangible Assets | 5,459 | 909 |
| Intangible Assets | 25,686 | 33,419 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 31,145 | 34,328 |
| Stock & work in progress | 31,648 | 62,953 |
| Trade Debtors | 6,986 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 62,323 | 15,709 |
| Cash | 112,303 | 84,245 |
| misc current assets | 0 | 0 |
| total current assets | 213,260 | 162,907 |
| total assets | 244,405 | 197,235 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 162 | 30,047 |
| Group/Directors Accounts | 40,885 | 47,227 |
| other short term finances | 114,896 | 144,182 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 220,731 | 68,480 |
| total current liabilities | 376,674 | 289,936 |
| loans | 30,888 | 100,077 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 30,888 | 100,077 |
| total liabilities | 407,562 | 390,013 |
| net assets | -163,157 | -192,778 |
| total shareholders funds | -163,157 | -192,778 |
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 1,447 | 218 |
| Amortisation | 7,733 | 5,248 |
| Tax | ||
| Stock | -31,305 | 62,953 |
| Debtors | 53,600 | 15,709 |
| Creditors | -29,885 | 30,047 |
| Accruals and Deferred Income | 152,251 | 68,480 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -6,342 | 47,227 |
| Other Short Term Loans | -29,286 | 144,182 |
| Long term loans | -69,189 | 100,077 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 28,058 | 84,245 |
| overdraft | 0 | 0 |
| change in cash | 28,058 | 84,245 |
exciting instruments limited Credit Report and Business Information
Exciting Instruments Limited Competitor Analysis
Perform a competitor analysis for exciting instruments limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in S 1 area or any other competitors across 12 key performance metrics.
exciting instruments limited Ownership
EXCITING INSTRUMENTS LIMITED group structure
Exciting Instruments Limited has no subsidiary companies.
Ultimate parent company
EXCITING INSTRUMENTS LIMITED
13654759
exciting instruments limited directors
Exciting Instruments Limited currently has 3 directors. The longest serving directors include Mr Robert Bell (Sep 2021) and Dr Timothy Craggs (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Bell | England | 35 years | Sep 2021 | - | Director |
| Dr Timothy Craggs | England | 44 years | Sep 2021 | - | Director |
| Ms Jessica McCreadie | England | 33 years | Nov 2024 | - | Director |
P&L
September 2023turnover
321.4k
-24%
operating profit
56.3k
0%
gross margin
47.4%
+11.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-163.2k
-0.15%
total assets
244.4k
+0.24%
cash
112.3k
+0.33%
net assets
Total assets minus all liabilities
Similar Companies
exciting instruments limited company details
company number
13654759
Type
Private limited with Share Capital
industry
26701 - Manufacture of optical precision instruments
incorporation date
September 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
the innovation centre, 217 portobello, sheffield, S1 4DP
Bank
-
Legal Advisor
-
exciting instruments 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 found 2 charges/mortgages relating to exciting instruments limited. Currently there are 1 open charges and 1 have been satisfied in the past.
exciting instruments 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 EXCITING INSTRUMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
exciting instruments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
