advanced sensors limited

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advanced sensors limited Company Information

Share ADVANCED SENSORS LIMITED

Company Number

NI053892

Shareholders

tree dist co (uk) limited

Group Structure

View All

Industry

Manufacture of electronic industrial process control equipment

 

Registered Address

8 meadowbank road, carrickfergus, county antrim, BT38 8YF

advanced sensors limited Estimated Valuation

£7m

Pomanda estimates the enterprise value of ADVANCED SENSORS LIMITED at £7m based on a Turnover of £6m and 1.18x industry multiple (adjusted for size and gross margin).

advanced sensors limited Estimated Valuation

£9.2m

Pomanda estimates the enterprise value of ADVANCED SENSORS LIMITED at £9.2m based on an EBITDA of £1.4m and a 6.4x industry multiple (adjusted for size and gross margin).

advanced sensors limited Estimated Valuation

£12.3m

Pomanda estimates the enterprise value of ADVANCED SENSORS LIMITED at £12.3m based on Net Assets of £4.9m and 2.53x industry multiple (adjusted for liquidity).

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Advanced Sensors Limited Overview

Advanced Sensors Limited is a live company located in county antrim, BT38 8YF with a Companies House number of NI053892. It operates in the manufacture of electronic industrial process control equipment sector, SIC Code 26512. Founded in February 2005, it's largest shareholder is tree dist co (uk) limited with a 100% stake. Advanced Sensors Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6m with high growth in recent years.

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Advanced Sensors Limited Health Check

Pomanda's financial health check has awarded Advanced Sensors Limited a 4 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

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £6m, make it smaller than the average company (£11.6m)

£6m - Advanced Sensors Limited

£11.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (5.3%)

16% - Advanced Sensors Limited

5.3% - Industry AVG

production

Production

with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)

37.9% - Advanced Sensors Limited

37.9% - Industry AVG

profitability

Profitability

an operating margin of 24.1% make it more profitable than the average company (7.2%)

24.1% - Advanced Sensors Limited

7.2% - Industry AVG

employees

Employees

with 31 employees, this is below the industry average (62)

31 - Advanced Sensors Limited

62 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)

£53.6k - Advanced Sensors Limited

£53.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £192.2k, this is equally as efficient (£178k)

£192.2k - Advanced Sensors Limited

£178k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (62 days)

113 days - Advanced Sensors Limited

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (33 days)

6 days - Advanced Sensors Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 89 days, this is in line with average (86 days)

89 days - Advanced Sensors Limited

86 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (20 weeks)

26 weeks - Advanced Sensors Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (34.2%)

75.1% - Advanced Sensors Limited

34.2% - Industry AVG

ADVANCED SENSORS LIMITED financials

EXPORTms excel logo

Advanced Sensors Limited's latest turnover from December 2023 is estimated at £6 million and the company has net assets of £4.9 million. According to their latest financial statements, Advanced Sensors Limited has 31 employees and maintains cash reserves of £1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover5,958,9414,963,6333,468,8853,828,1674,434,4153,445,8293,428,7714,022,6838,961,3948,730,0287,405,8886,899,5349,486,6046,865,277
Other Income Or Grants
Cost Of Sales3,701,4563,008,9822,147,3242,442,2072,828,9682,286,5842,214,8022,649,0475,962,6985,713,7024,754,0834,402,5046,232,9644,561,582
Gross Profit2,257,4851,954,6501,321,5601,385,9591,605,4471,159,2451,213,9691,373,6362,998,6963,016,3262,651,8052,497,0303,253,6402,303,694
Admin Expenses820,335195,27711,356,543-83,01985,674-78,363505,016605,946611,7621,379,7271,393,927819,8001,565,7471,424,253-632,626
Operating Profit1,437,1501,759,373-10,034,9831,468,9781,519,7731,237,608708,953767,6902,386,9341,636,5991,257,8781,677,2301,687,893879,441632,626
Interest Payable703,8403591,47315,8673,060
Interest Receivable49,29534,8732,2601,21012,28810,67313,29311,6413,7303,248842
Pre-Tax Profit782,6051,794,246-10,032,7231,470,1881,532,0601,248,280722,246779,3312,386,9341,636,2401,256,4051,661,3631,688,562882,689633,468
Tax-195,651-340,907-279,336-291,091-237,173-137,227-155,866-326,05658,655-199,695-259,857-439,026-247,153-177,371
Profit After Tax586,9541,453,339-10,032,7231,190,8521,240,9691,011,107585,019623,4652,060,8781,694,8951,056,7101,401,5061,249,536635,536456,097
Dividends Paid
Retained Profit586,9541,453,339-10,032,7231,190,8521,240,9691,011,107585,019623,4652,060,8781,694,8951,056,7101,401,5061,249,536635,536456,097
Employee Costs1,661,9151,361,2971,244,8331,210,2101,196,1681,088,7231,132,8701,206,9382,151,9822,116,6741,872,2081,367,6242,569,2361,652,793
Number Of Employees3127252525232427373231235842
EBITDA*1,437,4091,759,885-10,034,0821,472,8841,526,8051,249,408741,795832,4272,516,3921,783,2951,330,1751,935,7061,949,5981,140,784862,531

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2597711,6725,57712,60924,40954,351110,565147,205356,018360,08952,48658,37452,459
Intangible Assets472,572478,016458,280
Investments & Other14,287,255
Debtors (Due After 1 year)1,296,4692,477,477988,250674,6378,346,1127,836,7257,358,4273,738,122
Total Fixed Assets15,583,7242,477,736989,021676,3098,351,6897,849,3347,382,8363,792,473110,565147,205356,018360,089525,058536,390510,739
Stock & work in progress904,997568,036460,810782,977871,178527,589413,370330,921672,8411,224,6671,779,9741,556,5261,382,291814,424624,594
Trade Debtors1,857,7971,619,607790,100841,2281,093,660809,744810,8421,060,6213,215,8853,322,1252,980,2161,793,2352,037,6871,051,1181,443,141
Group Debtors10,337,692
Misc Debtors192,551187,93588,918106,357167,762210,138149,861433,520143,995296,891198,469239,511
Cash1,037,071840,8521,151,897655,9321,763,5801,513,0871,332,9803,984,0345,328,6392,872,362606,224936,699529,501962,303336,909
misc current assets
total current assets3,992,4163,216,4302,491,72512,724,1863,896,1803,060,5582,707,0535,809,0969,361,3607,716,0455,564,8834,525,9713,949,4792,827,8452,404,644
total assets19,576,1405,694,1663,480,74613,400,49512,247,86910,909,89210,089,8899,601,5699,471,9257,863,2505,920,9014,886,0604,474,5373,364,2352,915,383
Bank overdraft32,438
Bank loan24,09032,438
Trade Creditors 62,668113,606121,00274,662181,42471,537284,314325,717406,513689,820661,169603,8291,890,6062,196,4252,359,818
Group/Directors Accounts436,31146,81326,78630,50837,62036,82738,91644,96365,979127,35969,18719,602
other short term finances
hp & lease commitments
other current liabilities1,572,7911,075,038421,030377,183307,812338,915253,892292,992792,905900,421705,345794,902
total current liabilities2,071,7701,235,457568,818482,353526,856447,279577,122663,6721,265,3971,717,6001,459,7911,450,7711,923,0442,196,4252,359,818
loans12,512,70626,68861,723
hp & lease commitments
Accruals and Deferred Income94,154155,15368,71152,20241,92517,494
other liabilities
provisions32,00025,00018,0008,00012,00019,00097,755107,90410,35511,525119,1637,121
total long term liabilities12,638,860180,15386,71160,20253,92536,49497,755107,90410,35538,213180,8867,121
total liabilities14,710,6301,415,610655,529542,555580,781483,773674,877771,5761,265,3971,717,6001,470,1461,488,9842,103,9302,203,5462,359,818
net assets4,865,5104,278,5562,825,21712,857,94011,667,08810,426,1199,415,0128,829,9938,206,5286,145,6504,450,7553,397,0762,370,6071,160,689555,565
total shareholders funds4,865,5104,278,5562,825,21712,857,94011,667,08810,426,1199,415,0128,829,9938,206,5286,145,6504,450,7553,397,0762,370,6071,160,689555,565
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,437,1501,759,373-10,034,9831,468,9781,519,7731,237,608708,953767,6902,386,9341,636,5991,257,8781,677,2301,687,893879,441632,626
Depreciation2595129013,9067,03211,80032,84264,737129,458146,69672,29766,46327,06522,96029,667
Amortisation192,013234,640238,383200,238
Tax-195,651-340,907-279,336-291,091-237,173-137,227-155,866-326,05658,655-199,695-259,857-439,026-247,153-177,371
Stock336,961107,226-322,167-88,201343,589114,21982,449-341,920-551,826-555,307223,448174,235567,867189,830624,594
Debtors-938,2022,417,751-10,092,6462,352,380750,927537,4773,086,8671,872,383-259,136440,3311,145,939-4,941986,569-392,0231,443,141
Creditors-50,938-7,39646,340-106,762109,887-212,777-41,403-80,796-283,30728,65157,340-1,286,777-305,819-163,3932,359,818
Accruals and Deferred Income436,754740,45060,35679,648-6,672102,517-39,100-499,913-107,516195,076-89,557794,902
Deferred Taxes & Provisions7,0007,00010,000-4,000-7,000-78,755-10,149107,904-10,355-1,170-107,638112,0427,121
Cash flow from operations2,235,815-365,945497,427-1,101,745237,413171,524-2,655,400-1,326,7072,610,4752,170,298-272,294907,042-237,641939,552977,243
Investing Activities
capital expenditure-1-2,900-8,523-92,818-83,332-68,226-93,507-250,373-286,994-740,644
Change in Investments14,287,255
cash flow from investments-14,287,255-1-2,900-8,523-92,818-83,332-68,226-93,507-250,373-286,994-740,644
Financing Activities
Bank loans-24,090-8,34832,438
Group/Directors Accounts389,49820,027-3,722-7,112793-2,089-6,047-21,016-61,38058,17249,58519,602
Other Short Term Loans
Long term loans12,512,706-26,688-35,03561,723
Hire Purchase and Lease Commitments
other long term liabilities
share issue-3,031-375,037-39,618-30,41299,468
interest-654,54534,8732,2601,21012,28810,67313,29311,641-359-1,473-15,8676703,248842
cash flow from financing12,247,65954,900-1,462-5,90213,0818,5847,246-9,375-61,38033,72310,045-373,89922,775-27,164100,310
cash and cash equivalents
cash196,219-311,045495,965-1,107,648250,493180,107-2,651,054-1,344,6052,456,2772,266,138-330,475407,198-432,802625,394336,909
overdraft-32,43832,438
change in cash196,219-311,045495,965-1,107,648250,493180,107-2,651,054-1,344,6052,456,2772,266,138-330,475439,636-465,240625,394336,909

advanced sensors limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Advanced Sensors Limited Competitor Analysis

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Perform a competitor analysis for advanced sensors limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BT38 area or any other competitors across 12 key performance metrics.

advanced sensors limited Ownership

ADVANCED SENSORS LIMITED group structure

Advanced Sensors Limited has 1 subsidiary company.

Ultimate parent company

RIHL HOLDING LLC

#0155025

2 parents

ADVANCED SENSORS LIMITED

NI053892

1 subsidiary

ADVANCED SENSORS LIMITED Shareholders

tree dist co (uk) limited 100%

advanced sensors limited directors

Advanced Sensors Limited currently has 4 directors. The longest serving directors include Mr Peter Morris (Nov 2019) and Neuman Leverett Iii (May 2023).

officercountryagestartendrole
Mr Peter MorrisUnited States57 years Nov 2019- Director
Neuman Leverett IiiUnited States52 years May 2023- Director
Mr Jacob PetkovichUnited States51 years May 2023- Director
Mr William WrightUnited States54 years May 2023- Director

P&L

December 2023

turnover

6m

+20%

operating profit

1.4m

0%

gross margin

37.9%

-3.8%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

4.9m

+0.14%

total assets

19.6m

+2.44%

cash

1m

+0.23%

net assets

Total assets minus all liabilities

advanced sensors limited company details

company number

NI053892

Type

Private limited with Share Capital

industry

26512 - Manufacture of electronic industrial process control equipment

incorporation date

February 2005

age

20

incorporated

UK

ultimate parent company

RIHL HOLDING LLC

accounts

Small Company

last accounts submitted

December 2023

previous names

sarcon (no. 176) limited (February 2005)

accountant

-

auditor

-

address

8 meadowbank road, carrickfergus, county antrim, BT38 8YF

Bank

HSBC BANK PLC

Legal Advisor

-

advanced sensors 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 advanced sensors limited. Currently there are 1 open charges and 0 have been satisfied in the past.

advanced sensors 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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advanced sensors limited Companies House Filings - See Documents

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