Pomanda estimates the enterprise value of ROCKLYN ENGINEERING LIMITED at £150.4k based on a Turnover of £300.6k and 0.5x industry multiple (adjusted for size and gross margin).
rocklyn engineering limitedEstimated Valuation
£188.4k
Pomanda estimates the enterprise value of ROCKLYN ENGINEERING LIMITED at £188.4k based on an EBITDA of £51k and a 3.69x industry multiple (adjusted for size and gross margin).
rocklyn engineering limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ROCKLYN ENGINEERING LIMITED at £0 based on Net Assets of £-462.8k and 1.88x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rocklyn Engineering LimitedOverview
Rocklyn Engineering Limited is a live company located in newtownabbey, BT36 4TY with a Companies House number of NI031928. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in February 1997, it's largest shareholder is
mclaughlin & harvey limited
with a 100% stake. Rocklyn Engineering Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£300.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Rocklyn Engineering Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
7 Weak
Size
annual sales of £300.6k, make it smaller than the average company (£13.8m)
£300.6k - Rocklyn Engineering Limited
£13.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Rocklyn Engineering Limited
- - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
26.6% - Rocklyn Engineering Limited
26.6% - Industry AVG
Profitability
an operating margin of 17% make it more profitable than the average company (5.5%)
17% - Rocklyn Engineering Limited
5.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (79)
6 - Rocklyn Engineering Limited
79 - Industry AVG
Pay Structure
on an average salary of £58.4k, the company has a higher pay structure (£44.2k)
£58.4k - Rocklyn Engineering Limited
£44.2k - Industry AVG
Efficiency
resulting in sales per employee of £50.1k, this is less efficient (£171.3k)
£50.1k - Rocklyn Engineering Limited
£171.3k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (61 days)
20 days - Rocklyn Engineering Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (51 days)
3 days - Rocklyn Engineering Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (38 days)
4 days - Rocklyn Engineering Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Rocklyn Engineering Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 687.5%, this is a higher level of debt than the average (50.9%)
687.5% - Rocklyn Engineering Limited
50.9% - Industry AVG
ROCKLYN ENGINEERING LIMITED financials
EXPORT
Rocklyn Engineering Limited's latest turnover from June 2024 is estimated at £300.6 thousand and the company has net assets of -£462.8 thousand. According to their latest financial statements, Rocklyn Engineering Limited has 6 employees and maintains cash reserves of £31.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Dec 2020
Nov 2019
Nov 2018
Nov 2017
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
300,561
644,119
550,317
249,297
388,050
1,218,092
723,081
1,146,318
1,185,562
1,977,222
2,475,006
1,896,782
2,019,175
2,119,422
2,578,417
Other Income Or Grants
Cost Of Sales
220,764
488,286
413,744
189,377
289,527
909,357
524,470
830,307
854,456
1,439,267
1,842,294
1,404,567
1,493,640
1,555,510
1,863,592
Gross Profit
79,797
155,833
136,572
59,920
98,523
308,735
198,610
316,011
331,105
537,955
632,712
492,215
525,535
563,912
714,825
Admin Expenses
28,807
117,814
676,217
491,504
220,787
314,083
338,807
544,282
295,803
510,746
640,926
408,565
603,800
374,925
610,964
Operating Profit
50,990
38,019
-539,645
-431,584
-122,264
-5,348
-140,197
-228,271
35,302
27,209
-8,214
83,650
-78,265
188,987
103,861
Interest Payable
1,817
5,473
3,463
Interest Receivable
1,896
1,602
144
16
12
668
1,225
477
1,422
1,411
1,143
593
610
722
334
Pre-Tax Profit
52,885
39,621
-539,501
-433,385
-127,725
-8,143
-138,972
-227,794
36,724
28,620
-7,071
84,243
-77,655
189,709
104,194
Tax
-13,221
-9,905
-7,345
-5,724
-19,376
-49,324
-29,174
Profit After Tax
39,664
29,716
-539,501
-433,385
-127,725
-8,143
-138,972
-227,794
29,379
22,896
-7,071
64,867
-77,655
140,385
75,020
Dividends Paid
Retained Profit
39,664
29,716
-539,501
-433,385
-127,725
-8,143
-138,972
-227,794
29,379
22,896
-7,071
64,867
-77,655
140,385
75,020
Employee Costs
350,508
379,228
231,909
185,521
186,949
284,810
281,145
454,857
426,712
503,274
643,136
476,812
505,419
582,772
757,078
Number Of Employees
6
6
6
5
5
8
8
13
13
15
20
15
16
19
25
EBITDA*
50,990
38,019
-533,596
-423,398
-112,923
4,121
-138,340
-209,517
95,023
76,185
40,956
138,875
-12,315
273,612
189,946
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Dec 2020
Nov 2019
Nov 2018
Nov 2017
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
6,049
14,235
23,576
9,527
10,348
227,758
282,578
307,330
320,867
343,948
366,651
427,894
Intangible Assets
6,620
12,294
9,407
Investments & Other
80,000
80,000
80,000
80,000
Debtors (Due After 1 year)
Total Fixed Assets
6,620
12,294
9,407
6,049
94,235
103,576
89,527
90,348
227,758
282,578
307,330
320,867
343,948
366,651
427,894
Stock & work in progress
3,010
42,091
4,563
8,835
41,000
41,000
42,948
33,760
28,735
98,430
139,769
158,376
119,341
258,289
204,349
Trade Debtors
17,132
158,549
159,490
22,538
49,175
357,908
150,274
234,804
101,658
286,981
347,018
239,215
290,494
216,589
244,634
Group Debtors
567,098
45,081
27,324
59,592
3,236
67,966
Misc Debtors
20,781
16,472
30,023
57,757
27,202
167,469
62,824
80,252
19,533
Cash
31,228
40,989
23,106
29,914
1,836
1,339
176,779
68,645
313,036
255,853
308,685
148,380
88,807
155,315
133,551
misc current assets
total current assets
72,151
258,101
784,280
164,125
146,537
627,308
436,061
485,427
462,962
641,264
795,472
545,971
498,642
630,193
582,534
total assets
78,771
270,395
793,687
170,174
240,772
730,884
525,588
575,775
690,720
923,842
1,102,802
866,838
842,590
996,844
1,010,428
Bank overdraft
59,567
102,604
Bank loan
Trade Creditors
2,360
29,181
20,475
17,238
59,580
227,721
123,694
235,378
442,799
702,124
888,006
632,103
685,023
748,138
892,575
Group/Directors Accounts
466,308
526,657
1,269,464
533,724
80,000
other short term finances
hp & lease commitments
3,879
3,879
3,879
4,685
4,685
other current liabilities
72,903
217,021
35,928
67,446
132,273
199,603
281,039
158,364
total current liabilities
541,571
772,859
1,325,867
622,287
255,299
613,807
409,418
398,427
442,799
702,124
888,006
632,103
685,023
748,138
892,575
loans
hp & lease commitments
970
5,171
9,050
Accruals and Deferred Income
other liabilities
150,000
3,176
16,769
21,540
9,187
22,671
24,953
provisions
2,381
10,478
10,530
10,530
17,780
total long term liabilities
970
5,171
9,050
150,000
3,176
19,150
32,018
19,717
33,201
42,733
total liabilities
541,571
772,859
1,325,867
623,257
260,470
622,857
409,418
548,427
442,799
705,300
907,156
664,121
704,740
781,339
935,308
net assets
-462,800
-502,464
-532,180
-453,083
-19,698
108,027
116,170
27,348
247,921
218,542
195,646
202,717
137,850
215,505
75,120
total shareholders funds
-462,800
-502,464
-532,180
-453,083
-19,698
108,027
116,170
27,348
247,921
218,542
195,646
202,717
137,850
215,505
75,120
Jun 2024
Jun 2023
Jun 2022
Dec 2020
Nov 2019
Nov 2018
Nov 2017
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
50,990
38,019
-539,645
-431,584
-122,264
-5,348
-140,197
-228,271
35,302
27,209
-8,214
83,650
-78,265
188,987
103,861
Depreciation
6,049
8,186
9,341
9,469
1,857
18,754
59,721
48,976
49,170
55,225
65,950
84,625
86,085
Amortisation
Tax
-13,221
-9,905
-7,345
-5,724
-19,376
-49,324
-29,174
Stock
-39,081
37,528
4,563
-32,165
-1,948
14,213
5,025
-69,695
-41,339
-18,607
39,035
-138,948
53,940
204,349
Debtors
-137,108
-581,590
756,611
21,675
-481,268
368,635
95,143
261,831
-165,790
-60,037
107,803
-51,279
73,905
-28,045
244,634
Creditors
-26,821
8,706
20,475
-42,342
-168,141
104,027
-319,105
-207,421
-259,325
-185,882
255,903
-52,920
-63,115
-144,437
892,575
Accruals and Deferred Income
-144,118
181,093
35,928
-64,827
-67,330
-81,436
281,039
158,364
Deferred Taxes & Provisions
-2,381
-8,097
-52
-7,250
17,780
Cash flow from operations
43,019
761,975
-1,238,367
-520,077
132,874
-339,975
-285,762
-525,430
63,838
-16,426
199,566
78,771
-10,387
46,706
622,144
Investing Activities
capital expenditure
5,674
-2,887
-15,456
-23,518
216,374
198,656
-4,901
-24,224
-35,633
-32,144
-43,247
-23,382
-513,979
Change in Investments
-80,000
80,000
80,000
cash flow from investments
5,674
-2,887
-15,456
80,000
-23,518
136,374
118,656
-4,901
-24,224
-35,633
-32,144
-43,247
-23,382
-513,979
Financing Activities
Bank loans
Group/Directors Accounts
-60,349
-742,807
1,269,464
533,724
-80,000
80,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-4,201
-3,879
8,244
4,685
4,685
other long term liabilities
150,000
-3,176
-13,593
-4,771
12,353
-13,484
-2,282
24,953
share issue
7,321
7,221
7,221
100
interest
1,896
1,602
144
-1,801
-5,461
-2,795
1,225
477
1,422
1,411
1,143
593
610
722
334
cash flow from financing
-58,453
-741,205
1,276,929
527,722
-89,340
85,449
13,131
162,383
-1,754
-12,182
-3,628
12,946
-12,874
-1,560
25,387
cash and cash equivalents
cash
-9,761
17,883
23,106
28,078
497
-175,440
-136,257
-244,391
57,183
-52,832
160,305
59,573
-66,508
21,764
133,551
overdraft
-59,567
-43,037
102,604
change in cash
-9,761
17,883
23,106
87,645
43,534
-278,044
-136,257
-244,391
57,183
-52,832
160,305
59,573
-66,508
21,764
133,551
rocklyn engineering 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 rocklyn engineering limited. Get real-time insights into rocklyn engineering limited's credit score, group structure and payment trends.
Perform a competitor analysis for rocklyn engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BT36 area or any other competitors across 12 key performance metrics.
rocklyn engineering limited Ownership
ROCKLYN ENGINEERING LIMITED group structure
Rocklyn Engineering Limited has no subsidiary companies.
The sole shareholder of Rocklyn Engineering Limited is Mclaughlin & Harvey Limited.
mclaughlin & harvey limited
100%
rocklyn engineering limited directors
Rocklyn Engineering Limited currently has 2 directors.
The longest serving directors include
Mr David O'Neill (Dec 2019) and
Mr William Cheevers (Dec 2019).
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 rocklyn engineering limited. Currently there are 0 open charges and 2 have been satisfied in the past.
rocklyn engineering 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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rocklyn engineering limitedCompanies House Filings - See Documents
