Pomanda estimates the enterprise value of XRC ENGINEERING LTD at £65.3k based on a Turnover of £179.1k and 0.36x industry multiple (adjusted for size and gross margin).
xrc engineering ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of XRC ENGINEERING LTD at £0 based on an EBITDA of £-45.5k and a 3.16x industry multiple (adjusted for size and gross margin).
xrc engineering ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of XRC ENGINEERING LTD at £0 based on Net Assets of £-72.7k and 2.63x industry multiple (adjusted for liquidity).
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Xrc Engineering LtdOverview
Xrc Engineering Ltd is a live company located in slough, SL3 9EG with a Companies House number of 14061225. It operates in the engineering design activities for industrial process and production sector, SIC Code 71121. Founded in April 2022, it's largest shareholder is
suzanne knighton
with a 30% stake. Xrc Engineering Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£179.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Xrc Engineering Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £179.1k, make it smaller than the average company (£357k)
£179.1k - Xrc Engineering Ltd
£357k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Xrc Engineering Ltd
- - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (33.5%)
18.4% - Xrc Engineering Ltd
33.5% - Industry AVG
Profitability
an operating margin of -45.5% make it less profitable than the average company (5.9%)
-45.5% - Xrc Engineering Ltd
5.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Xrc Engineering Ltd
14 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
£52.4k - Xrc Engineering Ltd
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £89.6k, this is less efficient (£106k)
£89.6k - Xrc Engineering Ltd
£106k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is earlier than average (77 days)
44 days - Xrc Engineering Ltd
77 days - Industry AVG
Creditor Days
its suppliers are paid after 442 days, this is slower than average (42 days)
442 days - Xrc Engineering Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Xrc Engineering Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (15 weeks)
4 weeks - Xrc Engineering Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 148.4%, this is a higher level of debt than the average (49.6%)
148.4% - Xrc Engineering Ltd
49.6% - Industry AVG
XRC ENGINEERING LTD financials
EXPORT
Xrc Engineering Ltd's latest turnover from April 2024 is estimated at £179.1 thousand and the company has net assets of -£72.7 thousand. According to their latest financial statements, Xrc Engineering Ltd has 2 employees and maintains cash reserves of £15.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Turnover
179,105
262,271
Other Income Or Grants
Cost Of Sales
146,087
215,403
Gross Profit
33,019
46,869
Admin Expenses
114,473
103,591
Operating Profit
-81,454
-56,722
Interest Payable
Interest Receivable
442
28
Pre-Tax Profit
-81,012
-56,694
Tax
Profit After Tax
-81,012
-56,694
Dividends Paid
Retained Profit
-81,012
-56,694
Employee Costs
104,857
106,538
Number Of Employees
2
2
EBITDA*
-45,543
-15,022
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Tangible Assets
112,817
142,708
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
112,817
142,708
Stock & work in progress
Trade Debtors
21,928
90,975
Group Debtors
Misc Debtors
Cash
15,523
1,326
misc current assets
total current assets
37,451
92,301
total assets
150,268
235,009
Bank overdraft
Bank loan
Trade Creditors
176,981
167,399
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
176,981
167,399
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
45,991
59,302
provisions
total long term liabilities
45,991
59,302
total liabilities
222,972
226,701
net assets
-72,704
8,308
total shareholders funds
-72,704
8,308
Apr 2024
Apr 2023
Operating Activities
Operating Profit
-81,454
-56,722
Depreciation
35,911
41,700
Amortisation
Tax
Stock
Debtors
-69,047
90,975
Creditors
9,582
167,399
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
33,086
61,402
Investing Activities
capital expenditure
-6,020
-184,408
Change in Investments
cash flow from investments
-6,020
-184,408
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-13,311
59,302
share issue
65,002
interest
442
28
cash flow from financing
-12,869
124,332
cash and cash equivalents
cash
14,197
1,326
overdraft
change in cash
14,197
1,326
xrc engineering 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 xrc engineering ltd. Get real-time insights into xrc engineering ltd's credit score, group structure and payment trends.
Perform a competitor analysis for xrc engineering ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SL3 area or any other competitors across 12 key performance metrics.
xrc engineering ltd Ownership
XRC ENGINEERING LTD group structure
Xrc Engineering Ltd has no subsidiary companies.
Ultimate parent company
XRC ENGINEERING LTD
14061225
XRC ENGINEERING LTD Shareholders
The largest shareholders in Xrc Engineering Ltd include Suzanne Knighton and Nigel Knighton.
suzanne knighton
30%
nigel knighton
30%
cameron knighton
20%
luke simpson
20%
xrc engineering ltd directors
Xrc Engineering Ltd currently has 2 directors.
The longest serving directors include
Mrs Suzanne Knighton (Jan 2024) and
Mr Cameron Kinghton (Aug 2024).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
-72.7k
-9.75%
total assets
150.3k
-0.36%
cash
15.5k
+10.71%
net assets
Total assets minus all liabilities
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xrc engineering ltd company details
company number
14061225
Type
Private limited with Share Capital
industry
71121 - Engineering design activities for industrial process and production
incorporation date
April 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
April 2024
previous names
N/A
accountant
EWING ACCOUNTS SERVICES LTD
auditor
-
address
unit 4 portland business centre, manor house lane, slough, SL3 9EG
Bank
-
Legal Advisor
-
xrc engineering 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 xrc engineering ltd.
xrc engineering 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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xrc engineering ltdCompanies House Filings - See Documents
