strain engineering and co limitedEstimated Valuation
£6.4m
Pomanda estimates the enterprise value of STRAIN ENGINEERING AND CO LIMITED at £6.4m based on a Turnover of £10.2m and 0.63x industry multiple (adjusted for size and gross margin).
strain engineering and co limitedEstimated Valuation
£14.8m
Pomanda estimates the enterprise value of STRAIN ENGINEERING AND CO LIMITED at £14.8m based on an EBITDA of £2.6m and a 5.72x industry multiple (adjusted for size and gross margin).
strain engineering and co limitedEstimated Valuation
£14.1m
Pomanda estimates the enterprise value of STRAIN ENGINEERING AND CO LIMITED at £14.1m based on Net Assets of £6.4m and 2.21x industry multiple (adjusted for liquidity).
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Strain Engineering And Co LimitedOverview
Strain Engineering And Co Limited is a live company located in magherafelt, BT45 8ND with a Companies House number of NI612061. It operates in the repair of fabricated metal products sector, SIC Code 33110. Founded in April 2012, it's largest shareholder is
mulholland family holdings ltd
with a 100% stake. Strain Engineering And Co Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£10.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Strain Engineering And Co Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
2 Regular
2 Weak
Size
annual sales of £10.2m, make it larger than the average company (£6.7m)
£10.2m - Strain Engineering And Co Limited
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (14.3%)
27% - Strain Engineering And Co Limited
14.3% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
34.8% - Strain Engineering And Co Limited
34.8% - Industry AVG
Profitability
an operating margin of 22.9% make it more profitable than the average company (6.5%)
22.9% - Strain Engineering And Co Limited
6.5% - Industry AVG
Employees
with 49 employees, this is above the industry average (27)
49 - Strain Engineering And Co Limited
27 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
£39.1k - Strain Engineering And Co Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £207.2k, this is more efficient (£174.6k)
£207.2k - Strain Engineering And Co Limited
£174.6k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (50 days)
78 days - Strain Engineering And Co Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (37 days)
26 days - Strain Engineering And Co Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (50 days)
13 days - Strain Engineering And Co Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 66 weeks, this is more cash available to meet short term requirements (14 weeks)
66 weeks - Strain Engineering And Co Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.2%, this is a lower level of debt than the average (61.7%)
25.2% - Strain Engineering And Co Limited
61.7% - Industry AVG
STRAIN ENGINEERING AND CO LIMITED financials
EXPORT
Strain Engineering And Co Limited's latest turnover from April 2024 is estimated at £10.2 million and the company has net assets of £6.4 million. According to their latest financial statements, Strain Engineering And Co Limited has 49 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Turnover
10,150,938
7,124,114
5,231,257
4,988,084
3,209,697
3,565,193
4,022,473
3,444,857
2,635,095
1,695,541
1,112,544
732,690
Other Income Or Grants
Cost Of Sales
6,622,481
4,608,792
3,597,422
3,591,477
2,295,620
2,474,153
2,565,618
2,160,211
1,626,652
1,114,331
681,126
469,429
Gross Profit
3,528,457
2,515,322
1,633,835
1,396,606
914,077
1,091,040
1,456,855
1,284,646
1,008,443
581,210
431,418
263,261
Admin Expenses
1,200,316
423,082
575,631
843,403
960,977
814,615
732,401
994,657
684,366
218,580
231,995
186,965
Operating Profit
2,328,141
2,092,240
1,058,204
553,203
-46,900
276,425
724,454
289,989
324,077
362,630
199,423
76,296
Interest Payable
26,367
37,932
33,751
19,691
6,468
6,153
11,008
11,125
2,629
635
635
Interest Receivable
88,995
53,123
10,924
1,177
701
4,218
1,652
569
1,136
690
Pre-Tax Profit
2,390,769
2,107,431
1,035,378
534,689
-52,667
274,490
715,098
279,432
322,584
363,320
198,789
75,661
Tax
-597,692
-526,858
-196,722
-101,591
-52,153
-135,869
-53,092
-64,517
-72,664
-41,746
-17,402
Profit After Tax
1,793,077
1,580,573
838,656
433,098
-52,667
222,337
579,229
226,340
258,067
290,656
157,043
58,259
Dividends Paid
Retained Profit
1,793,077
1,580,573
838,656
433,098
-52,667
222,337
579,229
226,340
258,067
290,656
157,043
58,259
Employee Costs
1,918,053
1,477,106
1,615,108
1,464,044
1,365,509
1,104,468
1,803,978
1,311,423
1,476,494
457,921
273,589
190,780
Number Of Employees
49
40
36
35
36
25
45
40
40
12
7
5
EBITDA*
2,595,409
2,298,301
1,230,164
695,604
78,155
432,448
882,591
381,376
418,686
441,939
243,093
108,424
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Tangible Assets
3,234,966
2,523,987
1,613,539
887,011
818,318
950,534
828,956
398,916
413,468
207,925
117,419
58,026
Intangible Assets
85,500
9,167
19,167
29,167
39,167
49,167
59,167
69,167
79,167
89,167
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,234,966
2,609,487
1,613,539
896,178
837,485
979,701
868,123
448,083
472,635
277,092
196,586
147,193
Stock & work in progress
245,978
410,291
296,548
42,165
145,980
153,425
14,620
408,688
388,049
149,300
224,867
206,068
Trade Debtors
2,189,506
1,557,328
1,185,199
1,047,342
593,101
796,344
866,898
624,896
331,622
257,118
82,937
Group Debtors
303,402
3,527
34,177
Misc Debtors
450,823
370,576
29,374
59,265
80,239
24,710
15,079
68,613
8,800
Cash
2,110,691
1,279,611
1,220,306
1,692,864
660,795
741,001
383,894
276,834
178,176
276,149
misc current assets
total current assets
5,300,400
3,617,806
2,731,427
2,841,636
1,480,115
1,715,480
1,280,491
1,382,558
940,824
682,567
307,804
206,068
total assets
8,535,366
6,227,293
4,344,966
3,737,814
2,317,600
2,695,181
2,148,614
1,830,641
1,413,459
959,659
504,390
353,261
Bank overdraft
25,000
24,000
31,691
234,186
33,166
19,523
Bank loan
Trade Creditors
472,368
428,511
253,362
313,266
151,922
270,807
88,615
377,863
151,290
453,700
289,087
65,483
Group/Directors Accounts
28,614
45,614
86,829
71,766
193,429
other short term finances
160,794
166,120
187,644
163,548
hp & lease commitments
60,538
73,103
62,351
53,475
53,262
other current liabilities
990,786
541,164
322,458
395,186
185,714
307,178
193,096
114,988
299,357
16,566
total current liabilities
1,652,562
1,181,409
850,293
943,766
423,174
675,088
375,753
780,512
537,075
453,700
289,087
295,001
loans
15,590
126,247
260,135
388,704
68,342
94,723
31,907
40,922
47,738
hp & lease commitments
84,545
130,045
25,519
34,981
86,819
133,438
171,359
18,841
64,620
Accruals and Deferred Income
other liabilities
198,000
provisions
398,000
198,000
198,000
total long term liabilities
498,135
454,292
483,654
621,685
155,161
228,161
203,266
59,763
112,358
total liabilities
2,150,697
1,635,701
1,333,947
1,565,451
578,335
903,249
579,019
840,275
649,433
453,700
289,087
295,001
net assets
6,384,669
4,591,592
3,011,019
2,172,363
1,739,265
1,791,932
1,569,595
990,366
764,026
505,959
215,303
58,260
total shareholders funds
6,384,669
4,591,592
3,011,019
2,172,363
1,739,265
1,791,932
1,569,595
990,366
764,026
505,959
215,303
58,260
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Operating Activities
Operating Profit
2,328,141
2,092,240
1,058,204
553,203
-46,900
276,425
724,454
289,989
324,077
362,630
199,423
76,296
Depreciation
260,143
196,561
162,793
132,401
115,055
146,023
148,137
81,387
84,609
69,309
33,670
21,295
Amortisation
7,125
9,500
9,167
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,833
Tax
-597,692
-526,858
-196,722
-101,591
-52,153
-135,869
-53,092
-64,517
-72,664
-41,746
-17,402
Stock
-164,313
113,743
254,383
-103,815
-7,445
138,805
-394,068
20,639
238,749
-75,567
18,799
206,068
Debtors
1,015,827
713,331
107,966
433,267
-147,714
-60,923
184,941
322,437
117,481
174,181
82,937
Creditors
43,857
175,149
-59,904
161,344
-118,885
182,192
-289,248
226,573
-302,410
164,613
223,604
65,483
Accruals and Deferred Income
449,622
218,706
-72,728
209,472
-121,464
114,082
78,108
-184,369
299,357
-16,566
16,566
Deferred Taxes & Provisions
200,000
198,000
Cash flow from operations
1,839,682
1,338,224
736,461
635,377
-7,035
598,687
744,709
27,412
-5,114
435,274
306,649
-32,997
Investing Activities
capital expenditure
-892,747
-1,202,009
-889,321
-201,094
17,161
-267,601
-578,177
-66,835
-290,152
-159,815
-93,063
-179,321
Change in Investments
cash flow from investments
-892,747
-1,202,009
-889,321
-201,094
17,161
-267,601
-578,177
-66,835
-290,152
-159,815
-93,063
-179,321
Financing Activities
Bank loans
Group/Directors Accounts
-17,000
-41,215
15,063
71,766
-193,429
193,429
Other Short Term Loans
-5,326
-21,524
24,096
163,548
Long term loans
-110,657
-133,888
-128,569
320,362
-26,381
62,816
-9,015
-6,816
47,738
Hire Purchase and Lease Commitments
-45,500
104,526
-9,462
-112,376
-59,184
-27,169
161,394
-45,566
117,882
other long term liabilities
-198,000
198,000
share issue
1
interest
62,628
15,191
-22,827
-18,514
-5,767
-1,935
-9,356
-10,556
-1,493
690
-635
-635
cash flow from financing
-115,855
-76,910
-319,699
622,786
-91,332
33,712
143,023
-62,938
164,127
690
-194,064
192,795
cash and cash equivalents
cash
831,080
59,305
-472,558
1,032,069
-80,206
357,107
107,060
98,658
-97,973
276,149
overdraft
-25,000
1,000
-7,691
-202,495
201,020
33,166
-19,523
19,523
change in cash
831,080
59,305
-472,558
1,057,069
-81,206
364,798
309,555
-102,362
-131,139
276,149
19,523
-19,523
strain engineering and co 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 strain engineering and co limited. Get real-time insights into strain engineering and co limited's credit score, group structure and payment trends.
Strain Engineering And Co Limited Competitor Analysis
Perform a competitor analysis for strain engineering and co limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BT45 area or any other competitors across 12 key performance metrics.
strain engineering and co limited Ownership
STRAIN ENGINEERING AND CO LIMITED group structure
Strain Engineering And Co Limited has no subsidiary companies.
The sole shareholder of Strain Engineering And Co Limited is Mulholland Family Holdings Ltd.
mulholland family holdings ltd
100%
strain engineering and co limited directors
Strain Engineering And Co Limited currently has 3 directors.
The longest serving directors include
Mr Alan Mulholland (Apr 2012) and
Mr Mark Mulholland (Apr 2012).
6 new ferry road, bellaghy, magherafelt, county londonderry, BT45 8ND
Bank
-
Legal Advisor
-
strain engineering and co 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 did not find charges/mortgages relating to strain engineering and co limited.
strain engineering and co 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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strain engineering and co limitedCompanies House Filings - See Documents
