magellan aerospace (greyabbey) limited
magellan aerospace (greyabbey) limited Company Information
Company Number
NI067279
Next Accounts
Sep 2025
Shareholders
magellan aerospace (uk) limited
Group Structure
View All
Industry
Manufacture of air and spacecraft and related machinery
Registered Address
11 tullykevin road, greyabbey, county down, BT22 2QE
Website
www.magellan.aeromagellan aerospace (greyabbey) limited Estimated Valuation
Pomanda estimates the enterprise value of MAGELLAN AEROSPACE (GREYABBEY) LIMITED at £0 based on a Turnover of £0 and 0.76x industry multiple (adjusted for size and gross margin).
magellan aerospace (greyabbey) limited Estimated Valuation
Pomanda estimates the enterprise value of MAGELLAN AEROSPACE (GREYABBEY) LIMITED at £0 based on an EBITDA of £0 and a 5.5x industry multiple (adjusted for size and gross margin).
magellan aerospace (greyabbey) limited Estimated Valuation
Pomanda estimates the enterprise value of MAGELLAN AEROSPACE (GREYABBEY) LIMITED at £47.4m based on Net Assets of £16.8m and 2.82x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Magellan Aerospace (greyabbey) Limited Overview
Magellan Aerospace (greyabbey) Limited is a live company located in county down, BT22 2QE with a Companies House number of NI067279. It operates in the manufacture of air and spacecraft and related machinery sector, SIC Code 30300. Founded in November 2007, it's largest shareholder is magellan aerospace (uk) limited with a 100% stake. Magellan Aerospace (greyabbey) Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Magellan Aerospace (greyabbey) Limited Health Check
There is insufficient data available to calculate a health check for Magellan Aerospace (Greyabbey) Limited. Company Health Check FAQs
0 Strong
0 Regular
0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
- - Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Magellan Aerospace (greyabbey) Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Magellan Aerospace (greyabbey) Limited
- - Industry AVG
MAGELLAN AEROSPACE (GREYABBEY) LIMITED financials
Magellan Aerospace (Greyabbey) Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £16.8 million. According to their latest financial statements, we estimate that Magellan Aerospace (Greyabbey) Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,443,000 | 22,025,000 | 24,710,000 | 21,554,000 | 15,107,000 | 15,848,000 | 11,719,000 | 8,041,000 | 18,934,418 | 17,534,053 | 19,361,571 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,022,000 | 19,872,000 | 21,285,000 | 18,650,000 | 11,469,000 | 12,533,000 | 8,793,000 | 6,281,000 | 14,318,697 | 14,141,809 | 15,754,780 | ||||
| Gross Profit | 1,421,000 | 2,153,000 | 3,425,000 | 2,904,000 | 3,638,000 | 3,315,000 | 2,926,000 | 1,760,000 | 4,615,721 | 3,392,244 | 3,606,791 | ||||
| Admin Expenses | 587,000 | 592,000 | 1,166,000 | 578,000 | 2,225,000 | 2,276,000 | 2,083,000 | 1,044,000 | 4,086,164 | 3,708,461 | 3,338,866 | ||||
| Operating Profit | 834,000 | 1,561,000 | 2,259,000 | 2,326,000 | 1,413,000 | 1,039,000 | 843,000 | 716,000 | 529,557 | -316,217 | 267,925 | ||||
| Interest Payable | 66,000 | 222,000 | 219,000 | 224,000 | 213,000 | 185,000 | 271,000 | 168,000 | 245,685 | 347,837 | 328,293 | ||||
| Interest Receivable | 42,000 | 86,000 | 142,000 | 134,000 | 33,000 | 7,000 | 1,000 | 19,779 | 6,671 | 5,134 | |||||
| Pre-Tax Profit | 810,000 | 1,405,000 | 2,186,000 | 2,236,000 | 1,280,000 | 870,000 | 574,000 | 530,000 | 303,651 | -657,383 | -55,234 | ||||
| Tax | -98,000 | -286,000 | -431,000 | -535,000 | -354,000 | -303,000 | 12,000 | -112,000 | 286,687 | 287,250 | 85,608 | ||||
| Profit After Tax | 712,000 | 1,119,000 | 1,755,000 | 1,701,000 | 926,000 | 567,000 | 586,000 | 418,000 | 590,338 | -370,133 | 30,374 | ||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 712,000 | 1,119,000 | 1,755,000 | 1,701,000 | 926,000 | 567,000 | 586,000 | 418,000 | 590,338 | -370,133 | 30,374 | ||||
| Employee Costs | 1,818,000 | 4,398,000 | 4,364,000 | 3,749,000 | 3,354,000 | 3,228,000 | 2,136,000 | 1,471,000 | 6,144,094 | 6,302,120 | 5,048,348 | ||||
| Number Of Employees | 127 | 142 | 146 | 126 | 119 | 107 | 87 | 77 | 302 | 312 | 221 | ||||
| EBITDA* | 1,121,000 | 2,089,000 | 2,787,000 | 2,828,000 | 2,026,000 | 1,496,000 | 1,191,000 | 1,489,000 | 683,374 | 1,837,607 | 2,295,940 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,728,000 | 9,929,000 | 7,280,000 | 7,184,000 | 5,629,000 | 5,230,000 | 4,874,000 | 7,354,420 | 8,984,238 | 10,921,429 | |||||
| Intangible Assets | 673,000 | 746,000 | 819,000 | 892,000 | 965,000 | 1,038,000 | 1,110,000 | 1,204,502 | 1,340,294 | 1,876,084 | |||||
| Investments & Other | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | |||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 876,000 | 876,000 | 876,000 | 876,000 | 876,000 | 12,277,000 | 11,551,000 | 8,975,000 | 8,952,000 | 7,470,000 | 7,144,000 | 6,860,000 | 8,558,922 | 10,324,532 | 12,797,513 |
| Stock & work in progress | 1,106,000 | 1,441,000 | 1,592,000 | 936,000 | 888,000 | 760,000 | 364,000 | 586,394 | 435,463 | 582,837 | |||||
| Trade Debtors | 8,836,000 | 696,000 | 653,000 | 1,036,000 | 1,129,000 | 1,621,000 | 1,751,000 | 1,166,000 | 6,284,381 | 5,192,711 | 6,433,458 | ||||
| Group Debtors | 15,940,000 | 15,940,000 | 15,940,000 | 8,836,000 | 6,526,000 | 6,486,000 | 6,572,000 | 4,716,000 | 2,076,000 | 1,366,000 | 2,811,000 | ||||
| Misc Debtors | 451,000 | 579,000 | 810,000 | 690,000 | 1,081,000 | 475,000 | 138,000 | 546,446 | 563,062 | 646,318 | |||||
| Cash | 1,306,000 | 1,998,000 | 1,286,000 | 332,000 | 370,000 | 382,000 | 1,465,403 | 1,864,274 | 1,245,861 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 15,940,000 | 15,940,000 | 15,940,000 | 8,836,000 | 8,836,000 | 10,085,000 | 11,157,000 | 11,296,000 | 7,471,000 | 5,998,000 | 4,722,000 | 4,861,000 | 8,882,624 | 8,055,510 | 8,908,474 |
| total assets | 16,816,000 | 16,816,000 | 16,816,000 | 9,712,000 | 9,712,000 | 22,362,000 | 22,708,000 | 20,271,000 | 16,423,000 | 13,468,000 | 11,866,000 | 11,721,000 | 17,441,546 | 18,380,042 | 21,705,987 |
| Bank overdraft | 188,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,179,000 | 4,308,000 | 3,014,000 | 1,546,000 | 1,186,000 | 1,914,000 | 990,000 | 2,298,960 | 1,654,489 | 2,000,761 | |||||
| Group/Directors Accounts | 8,373,000 | 8,391,000 | 8,408,000 | 8,311,000 | 6,961,000 | 6,268,000 | 7,014,000 | 360,000 | 350,000 | 300,000 | |||||
| other short term finances | 333,070 | ||||||||||||||
| hp & lease commitments | 137,000 | 408,000 | 1,197,716 | 1,743,449 | 2,324,038 | ||||||||||
| other current liabilities | 1,507,000 | 884,000 | 1,531,000 | 868,000 | 1,284,000 | 339,000 | 549,000 | 639,264 | 672,314 | 521,805 | |||||
| total current liabilities | 12,059,000 | 13,583,000 | 12,953,000 | 10,913,000 | 9,431,000 | 8,658,000 | 8,961,000 | 4,495,940 | 4,420,252 | 5,479,674 | |||||
| loans | 5,665,920 | 6,025,920 | 6,476,539 | ||||||||||||
| hp & lease commitments | 137,000 | 847,457 | 1,972,515 | 3,315,486 | |||||||||||
| Accruals and Deferred Income | 718,000 | 773,000 | 827,000 | 806,000 | |||||||||||
| other liabilities | |||||||||||||||
| provisions | 585,000 | 471,000 | 365,000 | 279,000 | 169,000 | 100,000 | 83,000 | 183,874 | 454,066 | 529,406 | |||||
| total long term liabilities | 1,303,000 | 1,244,000 | 1,192,000 | 1,085,000 | 169,000 | 100,000 | 220,000 | 6,697,251 | 8,452,501 | 10,321,431 | |||||
| total liabilities | 13,362,000 | 14,827,000 | 14,145,000 | 11,998,000 | 9,600,000 | 8,758,000 | 9,181,000 | 11,193,191 | 12,872,753 | 15,801,105 | |||||
| net assets | 16,816,000 | 16,816,000 | 16,816,000 | 9,712,000 | 9,712,000 | 9,000,000 | 7,881,000 | 6,126,000 | 4,425,000 | 3,868,000 | 3,108,000 | 2,540,000 | 6,248,355 | 5,507,289 | 5,904,882 |
| total shareholders funds | 16,816,000 | 16,816,000 | 16,816,000 | 9,712,000 | 9,712,000 | 9,000,000 | 7,881,000 | 6,126,000 | 4,425,000 | 3,868,000 | 3,108,000 | 2,540,000 | 6,248,355 | 5,507,289 | 5,904,882 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 834,000 | 1,561,000 | 2,259,000 | 2,326,000 | 1,413,000 | 1,039,000 | 843,000 | 716,000 | 529,557 | -316,217 | 267,925 | ||||
| Depreciation | 257,000 | 455,000 | 455,000 | 429,000 | 540,000 | 384,000 | 276,000 | 718,000 | 18,025 | 2,111,393 | 1,937,125 | ||||
| Amortisation | 30,000 | 73,000 | 73,000 | 73,000 | 73,000 | 73,000 | 72,000 | 55,000 | 135,792 | 42,431 | 90,890 | ||||
| Tax | -98,000 | -286,000 | -431,000 | -535,000 | -354,000 | -303,000 | 12,000 | -112,000 | 286,687 | 287,250 | 85,608 | ||||
| Stock | -1,106,000 | -335,000 | -151,000 | 656,000 | 48,000 | 128,000 | 396,000 | -71,463 | 150,931 | -147,374 | 582,837 | ||||
| Debtors | 7,104,000 | 1,163,000 | -45,000 | -700,000 | 1,883,000 | 1,757,000 | 1,186,000 | -523,000 | -1,640,773 | 1,075,054 | -1,324,003 | 7,079,776 | |||
| Creditors | -2,179,000 | -2,129,000 | 1,294,000 | 1,468,000 | 360,000 | -728,000 | 924,000 | -664,489 | 644,471 | -346,272 | 2,000,761 | ||||
| Accruals and Deferred Income | -2,225,000 | 568,000 | -701,000 | 684,000 | 390,000 | 945,000 | -210,000 | -123,314 | -33,050 | 150,509 | 521,805 | ||||
| Deferred Taxes & Provisions | -585,000 | 114,000 | 106,000 | 86,000 | 110,000 | 69,000 | 17,000 | -371,066 | -270,192 | -75,340 | 529,406 | ||||
| Cash flow from operations | -7,104,000 | -4,023,000 | 736,000 | 3,906,000 | 1,992,000 | 727,000 | 165,000 | 2,061,000 | 1,930,367 | 85,305 | 3,325,131 | -2,229,093 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | -455,993 | -198,833 | -1,413,188 | ||||||||||||
| Change in Investments | 876,000 | ||||||||||||||
| cash flow from investments | -455,993 | -198,833 | -1,413,188 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -8,373,000 | -18,000 | -17,000 | 97,000 | 1,350,000 | 693,000 | -746,000 | 6,664,000 | 10,000 | 50,000 | 300,000 | ||||
| Other Short Term Loans | -333,070 | 333,070 | |||||||||||||
| Long term loans | -6,025,920 | -360,000 | -450,619 | 6,476,539 | |||||||||||
| Hire Purchase and Lease Commitments | -137,000 | -408,000 | -3,170,964 | -1,670,791 | -1,923,560 | 5,639,524 | |||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -24,000 | -136,000 | -77,000 | -90,000 | -180,000 | -178,000 | -270,000 | -168,000 | -225,906 | -341,166 | -323,159 | ||||
| cash flow from financing | 7,104,000 | -8,397,000 | -154,000 | -94,000 | 7,000 | 801,000 | 571,000 | -1,442,000 | -6,086,173 | -2,095,969 | -3,025,875 | 18,300,482 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -1,306,000 | -692,000 | 712,000 | 1,286,000 | -332,000 | -38,000 | -12,000 | -1,482,274 | -398,871 | 618,413 | 1,245,861 | ||||
| overdraft | -188,000 | 188,000 | |||||||||||||
| change in cash | -1,306,000 | -692,000 | 712,000 | 1,474,000 | -520,000 | -38,000 | -12,000 | -1,482,274 | -398,871 | 618,413 | 1,245,861 |
magellan aerospace (greyabbey) limited Credit Report and Business Information
Magellan Aerospace (greyabbey) Limited Competitor Analysis
Perform a competitor analysis for magellan aerospace (greyabbey) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other established companies, companies in BT22 area or any other competitors across 12 key performance metrics.
magellan aerospace (greyabbey) limited Ownership
MAGELLAN AEROSPACE (GREYABBEY) LIMITED group structure
Magellan Aerospace (Greyabbey) Limited has 1 subsidiary company.
Ultimate parent company
MAGELLAN AEROSPACE CORP
#0056562
2 parents
MAGELLAN AEROSPACE (GREYABBEY) LIMITED
NI067279
1 subsidiary
magellan aerospace (greyabbey) limited directors
Magellan Aerospace (Greyabbey) Limited currently has 5 directors. The longest serving directors include Mr Robert Huddleston (Mar 2008) and Mr Phillip Underwood (Aug 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Huddleston | Northern Ireland | 72 years | Mar 2008 | - | Director |
| Mr Phillip Underwood | United Kingdom | 64 years | Aug 2012 | - | Director |
| Mr Haydn Martin | 61 years | Jul 2013 | - | Director | |
| Mr Jason Addis | United Kingdom | 55 years | Oct 2014 | - | Director |
| Mrs Elena Milantoni | United Kingdom | 55 years | Jan 2016 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
16.8m
0%
total assets
16.8m
0%
cash
0
0%
net assets
Total assets minus all liabilities
magellan aerospace (greyabbey) limited company details
company number
NI067279
Type
Private limited with Share Capital
industry
30300 - Manufacture of air and spacecraft and related machinery
incorporation date
November 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
john huddleston engineering limited (December 2012)
camarillo investments limited (November 2007)
accountant
-
auditor
-
address
11 tullykevin road, greyabbey, county down, BT22 2QE
Bank
HSBC BANK PLC
Legal Advisor
-
magellan aerospace (greyabbey) 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 7 charges/mortgages relating to magellan aerospace (greyabbey) limited. Currently there are 6 open charges and 1 have been satisfied in the past.
magellan aerospace (greyabbey) 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 MAGELLAN AEROSPACE (GREYABBEY) LIMITED. This can take several minutes, an email will notify you when this has completed.
magellan aerospace (greyabbey) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
