condition monitoring technology group holdings limited
condition monitoring technology group holdings limited Company Information
Company Number
13663325
Next Accounts
Sep 2025
Shareholders
rachel allen
paul knight
View AllGroup Structure
View All
Industry
Manufacture of other electrical equipment
Registered Address
beran instruments limited, hatchmoor industrial estate, torrington, devon, EX38 7HP
Website
-condition monitoring technology group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED at £19.3m based on a Turnover of £16.6m and 1.16x industry multiple (adjusted for size and gross margin).
condition monitoring technology group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED at £11.6m based on an EBITDA of £1.4m and a 8.25x industry multiple (adjusted for size and gross margin).
condition monitoring technology group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED at £8.9m based on Net Assets of £4.4m and 2.01x industry multiple (adjusted for liquidity).
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Condition Monitoring Technology Group Holdings Limited Overview
Condition Monitoring Technology Group Holdings Limited is a live company located in torrington, EX38 7HP with a Companies House number of 13663325. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in October 2021, it's largest shareholder is rachel allen with a 27.7% stake. Condition Monitoring Technology Group Holdings Limited is a startup, mid sized company, Pomanda has estimated its turnover at £16.6m with unknown growth in recent years.
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Condition Monitoring Technology Group Holdings Limited Health Check
Pomanda's financial health check has awarded Condition Monitoring Technology Group Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £16.6m, make it larger than the average company (£13.5m)
£16.6m - Condition Monitoring Technology Group Holdings Limited
£13.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Condition Monitoring Technology Group Holdings Limited
- - Industry AVG
Production
with a gross margin of 66.4%, this company has a lower cost of product (35.5%)
66.4% - Condition Monitoring Technology Group Holdings Limited
35.5% - Industry AVG
Profitability
an operating margin of 6.3% make it as profitable than the average company (6.3%)
6.3% - Condition Monitoring Technology Group Holdings Limited
6.3% - Industry AVG
Employees
with 156 employees, this is above the industry average (79)
156 - Condition Monitoring Technology Group Holdings Limited
79 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£51k)
£52.4k - Condition Monitoring Technology Group Holdings Limited
£51k - Industry AVG
Efficiency
resulting in sales per employee of £106.6k, this is less efficient (£182.8k)
£106.6k - Condition Monitoring Technology Group Holdings Limited
£182.8k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (61 days)
55 days - Condition Monitoring Technology Group Holdings Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (43 days)
74 days - Condition Monitoring Technology Group Holdings Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 325 days, this is more than average (114 days)
325 days - Condition Monitoring Technology Group Holdings Limited
114 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Condition Monitoring Technology Group Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.7%, this is a higher level of debt than the average (43.1%)
63.7% - Condition Monitoring Technology Group Holdings Limited
43.1% - Industry AVG
CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED financials
Condition Monitoring Technology Group Holdings Limited's latest turnover from December 2023 is £16.6 million and the company has net assets of £4.4 million. According to their latest financial statements, Condition Monitoring Technology Group Holdings Limited has 156 employees and maintains cash reserves of £771.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Turnover | 16,634,870 | 14,496,512 |
| Other Income Or Grants | ||
| Cost Of Sales | 5,582,438 | 4,678,996 |
| Gross Profit | 11,052,432 | 9,817,516 |
| Admin Expenses | 10,012,820 | 7,090,199 |
| Operating Profit | 1,039,612 | 2,727,317 |
| Interest Payable | 309,653 | 306,105 |
| Interest Receivable | 14,493 | 25,609 |
| Pre-Tax Profit | 744,452 | 2,446,821 |
| Tax | 66,138 | -12,455 |
| Profit After Tax | 810,590 | 2,434,366 |
| Dividends Paid | ||
| Retained Profit | 810,590 | 2,434,366 |
| Employee Costs | 8,172,057 | 5,591,453 |
| Number Of Employees | 156 | 151 |
| EBITDA* | 1,410,651 | 3,157,090 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 1,996,884 | 2,041,646 |
| Intangible Assets | -25,676 | -35,018 |
| Investments & Other | ||
| Debtors (Due After 1 year) | 397,200 | 397,200 |
| Total Fixed Assets | 2,368,408 | 2,403,828 |
| Stock & work in progress | 4,977,920 | 4,270,989 |
| Trade Debtors | 2,550,587 | 3,168,081 |
| Group Debtors | ||
| Misc Debtors | 1,550,331 | 1,443,448 |
| Cash | 771,831 | 987,688 |
| misc current assets | ||
| total current assets | 9,850,669 | 9,870,206 |
| total assets | 12,219,077 | 12,274,034 |
| Bank overdraft | 516,955 | 492,647 |
| Bank loan | 464,992 | 478,223 |
| Trade Creditors | 1,136,184 | 1,276,623 |
| Group/Directors Accounts | ||
| other short term finances | 206,001 | 206,001 |
| hp & lease commitments | ||
| other current liabilities | 1,921,787 | 2,137,788 |
| total current liabilities | 4,245,919 | 4,591,282 |
| loans | 3,303,113 | 3,699,991 |
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | 239,818 | 248,512 |
| total long term liabilities | 3,542,931 | 3,948,503 |
| total liabilities | 7,788,850 | 8,539,785 |
| net assets | 4,430,227 | 3,734,249 |
| total shareholders funds | 4,430,227 | 3,734,249 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 1,039,612 | 2,727,317 |
| Depreciation | 231,409 | 209,672 |
| Amortisation | 139,630 | 220,101 |
| Tax | 66,138 | -12,455 |
| Stock | 706,931 | 4,270,989 |
| Debtors | -510,611 | 5,008,729 |
| Creditors | -140,439 | 1,276,623 |
| Accruals and Deferred Income | -216,001 | 2,137,788 |
| Deferred Taxes & Provisions | -8,694 | 248,512 |
| Cash flow from operations | 915,335 | -2,472,160 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | -13,231 | 478,223 |
| Group/Directors Accounts | ||
| Other Short Term Loans | 206,001 | |
| Long term loans | -396,878 | 3,699,991 |
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | -295,160 | -280,496 |
| cash flow from financing | -819,881 | 5,403,602 |
| cash and cash equivalents | ||
| cash | -215,857 | 987,688 |
| overdraft | 24,308 | 492,647 |
| change in cash | -240,165 | 495,041 |
condition monitoring technology group holdings limited Credit Report and Business Information
Condition Monitoring Technology Group Holdings Limited Competitor Analysis
Perform a competitor analysis for condition monitoring technology group holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in EX38 area or any other competitors across 12 key performance metrics.
condition monitoring technology group holdings limited Ownership
CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED group structure
Condition Monitoring Technology Group Holdings Limited has 1 subsidiary company.
Ultimate parent company
CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED
13663325
1 subsidiary
condition monitoring technology group holdings limited directors
Condition Monitoring Technology Group Holdings Limited currently has 5 directors. The longest serving directors include Mr Douglas Graham (Oct 2021) and Mrs Rachel Allen (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Douglas Graham | United Kingdom | 45 years | Oct 2021 | - | Director |
| Mrs Rachel Allen | England | 49 years | Oct 2021 | - | Director |
| Mr Andres Lobato | United Kingdom | 70 years | Feb 2022 | - | Director |
| Mr Gareth Lee-Richards | United Kingdom | 79 years | Feb 2022 | - | Director |
| Mr Paul Knight | 51 years | Jun 2024 | - | Director |
P&L
December 2023turnover
16.6m
+15%
operating profit
1m
-62%
gross margin
66.5%
-1.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.4m
+0.19%
total assets
12.2m
0%
cash
771.8k
-0.22%
net assets
Total assets minus all liabilities
Similar Companies
condition monitoring technology group holdings limited company details
company number
13663325
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
October 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
condition monitoring group holdings ltd (January 2022)
accountant
-
auditor
BISHOP FLEMING LLP
address
beran instruments limited, hatchmoor industrial estate, torrington, devon, EX38 7HP
Bank
-
Legal Advisor
-
condition monitoring technology group holdings 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 1 charges/mortgages relating to condition monitoring technology group holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
condition monitoring technology group holdings 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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condition monitoring technology group holdings limited Companies House Filings - See Documents
| date | description | view/download |
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