kelton engineering limited
kelton engineering limited Company Information
Company Number
SC129648
Next Accounts
275 days late
Shareholders
buchan 1 limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
the capitol 431 union street, suite 405, aberdeen, AB11 6DA
Website
www.kelton.co.ukkelton engineering limited Estimated Valuation
Pomanda estimates the enterprise value of KELTON ENGINEERING LIMITED at £3.8m based on a Turnover of £5.5m and 0.69x industry multiple (adjusted for size and gross margin).
kelton engineering limited Estimated Valuation
Pomanda estimates the enterprise value of KELTON ENGINEERING LIMITED at £7.8m based on an EBITDA of £1.6m and a 5.02x industry multiple (adjusted for size and gross margin).
kelton engineering limited Estimated Valuation
Pomanda estimates the enterprise value of KELTON ENGINEERING LIMITED at £7.4m based on Net Assets of £3.5m and 2.13x industry multiple (adjusted for liquidity).
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Kelton Engineering Limited Overview
Kelton Engineering Limited is a live company located in aberdeen, AB11 6DA with a Companies House number of SC129648. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 1991, it's largest shareholder is buchan 1 limited with a 100% stake. Kelton Engineering Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.5m with healthy growth in recent years.
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Kelton Engineering Limited Health Check
Pomanda's financial health check has awarded Kelton Engineering 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
8 Strong
1 Regular
2 Weak
Size
annual sales of £5.5m, make it larger than the average company (£3m)
£5.5m - Kelton Engineering Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (2.3%)
7% - Kelton Engineering Limited
2.3% - Industry AVG
Production
with a gross margin of 46.7%, this company has a lower cost of product (38%)
46.7% - Kelton Engineering Limited
38% - Industry AVG
Profitability
an operating margin of 28% make it more profitable than the average company (6.5%)
28% - Kelton Engineering Limited
6.5% - Industry AVG
Employees
with 31 employees, this is above the industry average (21)
31 - Kelton Engineering Limited
21 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
- Kelton Engineering Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £177.5k, this is more efficient (£140.4k)
£177.5k - Kelton Engineering Limited
£140.4k - Industry AVG
Debtor Days
it gets paid by customers after 124 days, this is later than average (43 days)
124 days - Kelton Engineering Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (35 days)
16 days - Kelton Engineering Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kelton Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (26 weeks)
68 weeks - Kelton Engineering Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35%, this is a lower level of debt than the average (62.7%)
35% - Kelton Engineering Limited
62.7% - Industry AVG
KELTON ENGINEERING LIMITED financials
Kelton Engineering Limited's latest turnover from September 2022 is £5.5 million and the company has net assets of £3.5 million. According to their latest financial statements, Kelton Engineering Limited has 31 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,501,656 | 4,798,193 | 4,703,286 | 4,533,371 | 3,521,092 | 3,987,141 | 4,930,799 | 6,749,381 | 6,158,297 | 5,981,825 | 5,798,280 | 4,714,631 | 4,329,819 | 4,783,674 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 2,933,486 | 2,742,700 | 2,745,029 | 2,718,444 | 2,040,309 | 2,465,945 | 3,105,576 | 4,065,270 | 3,913,002 | 3,706,181 | 3,935,316 | 3,395,884 | 2,598,797 | 2,703,475 |
| Gross Profit | 2,568,170 | 2,055,493 | 1,958,257 | 1,814,927 | 1,480,783 | 1,521,196 | 1,825,223 | 2,684,111 | 2,245,295 | 2,275,644 | 1,862,964 | 1,318,747 | 1,731,022 | 2,080,199 |
| Admin Expenses | 1,029,635 | 1,141,306 | 1,261,505 | 1,469,206 | 1,379,003 | 1,579,049 | 1,659,632 | 1,886,637 | 1,820,163 | 1,801,767 | 1,458,006 | 1,178,223 | 1,069,678 | 955,626 |
| Operating Profit | 1,538,535 | 914,187 | 696,752 | 345,721 | 101,780 | -57,853 | 165,591 | 797,474 | 425,132 | 473,877 | 404,958 | 140,524 | 661,344 | 1,124,573 |
| Interest Payable | 89 | 179 | 229 | 2,377 | ||||||||||
| Interest Receivable | 3 | 9 | 2 | 3 | 6 | 15,226 | 3,333 | |||||||
| Pre-Tax Profit | 1,538,535 | 914,187 | 696,752 | 345,721 | 101,783 | -57,844 | 165,591 | 797,385 | 424,953 | 473,879 | 404,961 | 140,301 | 676,570 | 1,125,529 |
| Tax | -420,011 | -163,092 | -175,032 | -78,695 | -56,394 | -8,926 | -64,548 | -80,135 | -37,576 | -134,702 | -87,041 | -45,522 | -20,462 | 6,539 |
| Profit After Tax | 1,118,524 | 751,095 | 521,720 | 267,026 | 45,389 | -66,770 | 101,043 | 717,250 | 387,377 | 339,177 | 317,920 | 94,779 | 656,108 | 1,132,068 |
| Dividends Paid | 500,000 | 1,295,000 | 400,000 | 500,000 | 1,424,489 | |||||||||
| Retained Profit | 1,118,524 | 751,095 | 21,720 | 267,026 | 45,389 | -66,770 | 101,043 | -577,750 | 387,377 | -60,823 | 317,920 | 94,779 | 156,108 | -292,421 |
| Employee Costs | 2,938,403 | 3,013,431 | 2,876,967 | 2,808,839 | 2,807,160 | 2,231,019 | 1,903,308 | 1,826,154 | ||||||
| Number Of Employees | 31 | 29 | 27 | 26 | 28 | 31 | 36 | 36 | 35 | 33 | 34 | 32 | 28 | 24 |
| EBITDA* | 1,551,100 | 925,603 | 704,433 | 353,032 | 114,159 | -41,063 | 182,621 | 951,226 | 584,885 | 649,227 | 594,530 | 322,928 | 696,329 | 1,151,619 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,317 | 21,639 | 22,815 | 12,887 | 11,263 | 19,738 | 30,620 | 28,171 | 30,031 | 36,230 | 55,649 | 86,369 | 94,860 | 31,916 |
| Intangible Assets | 464,892 | 464,622 | 268,614 | 134,953 | 269,906 | 404,860 | 539,813 | 611,084 | ||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 118,244 | 118,244 | 6,250 | 10,000 | 13,750 | 15,000 | ||||||||
| Total Fixed Assets | 485,209 | 604,505 | 409,673 | 12,887 | 11,263 | 19,738 | 30,620 | 28,171 | 164,984 | 312,386 | 470,509 | 639,932 | 720,944 | 31,916 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 1,870,486 | 1,995,856 | 1,009,426 | 1,253,388 | 1,025,864 | 1,376,043 | 1,214,239 | 1,655,507 | 1,998,561 | 1,472,397 | 1,788,142 | 1,142,885 | 1,254,785 | 1,435,296 |
| Group Debtors | 105,656 | 7,618 | 7,625 | 17,828 | 29,069 | 5,579 | 11,000 | 18,192 | ||||||
| Misc Debtors | 488,467 | 390,891 | 320,536 | 508,253 | 529,863 | 325,432 | 319,940 | 101,125 | 95,383 | 56,782 | 71,087 | 197,449 | 104,526 | 594,106 |
| Cash | 2,373,755 | 467,378 | 1,255,699 | 898,683 | 485,109 | 389,715 | 1,038,316 | 577,987 | 779,345 | 773,817 | 355,771 | 214,243 | 88,044 | 256,098 |
| misc current assets | ||||||||||||||
| total current assets | 4,838,364 | 2,861,743 | 2,593,286 | 2,660,324 | 2,058,664 | 2,120,259 | 2,572,495 | 2,334,619 | 2,878,868 | 2,302,996 | 2,215,000 | 1,565,577 | 1,447,355 | 2,303,692 |
| total assets | 5,323,573 | 3,466,248 | 3,002,959 | 2,673,211 | 2,069,927 | 2,139,997 | 2,603,115 | 2,362,790 | 3,043,852 | 2,615,382 | 2,685,509 | 2,205,509 | 2,168,299 | 2,335,608 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 136,172 | 64,170 | 92,628 | 163,064 | 73,107 | 119,721 | 107,606 | 137,091 | 257,584 | 259,769 | 274,537 | 234,002 | 318,688 | 158,121 |
| Group/Directors Accounts | 184,646 | 133,280 | 219,920 | 174,105 | 105,420 | 10,999 | 42,456 | 26,909 | 49,578 | 57,357 | 52,547 | 36,404 | 44,180 | 524,607 |
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 1,478,009 | 928,404 | 1,101,806 | 769,157 | 591,541 | 754,807 | 631,813 | 478,593 | 444,764 | 393,707 | 393,053 | 287,651 | 252,758 | 256,315 |
| total current liabilities | 1,798,827 | 1,125,854 | 1,414,354 | 1,106,326 | 770,068 | 885,527 | 781,875 | 642,593 | 751,926 | 710,833 | 720,137 | 558,057 | 615,626 | 939,043 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 66,522 | 694 | ||||||||||||
| total long term liabilities | 66,522 | 694 | ||||||||||||
| total liabilities | 1,865,349 | 1,126,548 | 1,414,354 | 1,106,326 | 770,068 | 885,527 | 781,875 | 642,593 | 751,926 | 710,833 | 720,137 | 558,057 | 615,626 | 939,043 |
| net assets | 3,458,224 | 2,339,700 | 1,588,605 | 1,566,885 | 1,299,859 | 1,254,470 | 1,821,240 | 1,720,197 | 2,291,926 | 1,904,549 | 1,965,372 | 1,647,452 | 1,552,673 | 1,396,565 |
| total shareholders funds | 3,458,224 | 2,339,700 | 1,588,605 | 1,566,885 | 1,299,859 | 1,254,470 | 1,821,240 | 1,720,197 | 2,291,926 | 1,904,549 | 1,965,372 | 1,647,452 | 1,552,673 | 1,396,565 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,538,535 | 914,187 | 696,752 | 345,721 | 101,780 | -57,853 | 165,591 | 797,474 | 425,132 | 473,877 | 404,958 | 140,524 | 661,344 | 1,124,573 |
| Depreciation | 12,565 | 11,416 | 7,681 | 7,311 | 12,379 | 16,790 | 17,030 | 18,799 | 24,800 | 40,396 | 54,619 | 47,482 | 34,985 | 27,046 |
| Amortisation | 134,953 | 134,953 | 134,954 | 134,953 | 134,922 | |||||||||
| Tax | -420,011 | -163,092 | -175,032 | -78,695 | -56,394 | -8,926 | -64,548 | -80,135 | -37,576 | -134,702 | -87,041 | -45,522 | -20,462 | 6,539 |
| Stock | ||||||||||||||
| Debtors | -48,000 | 1,056,778 | -305,810 | 188,086 | -156,989 | 196,365 | -222,453 | -342,891 | 564,094 | -333,800 | 504,145 | -9,227 | -673,283 | 2,047,594 |
| Creditors | 72,002 | -28,458 | -70,436 | 89,957 | -46,614 | 12,115 | -29,485 | -120,493 | -2,185 | -14,768 | 40,535 | -84,686 | 160,567 | 158,121 |
| Accruals and Deferred Income | 549,605 | -173,402 | 332,649 | 177,616 | -163,266 | 122,994 | 153,220 | 33,829 | 51,057 | 654 | 105,402 | 34,893 | -3,557 | 256,315 |
| Deferred Taxes & Provisions | 65,828 | 694 | ||||||||||||
| Cash flow from operations | 1,866,524 | -495,433 | 1,097,424 | 353,824 | 4,874 | -111,245 | 464,261 | 1,127,318 | 32,087 | 834,211 | 149,281 | 236,840 | 1,506,160 | -475,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 51,366 | -86,640 | 45,815 | 68,685 | 94,421 | -31,457 | 15,547 | -22,669 | -7,779 | 4,810 | 16,143 | -7,776 | -480,427 | 524,607 |
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 3 | 9 | -89 | -179 | 2 | 3 | -223 | 15,226 | 956 | |||||
| cash flow from financing | 51,366 | -86,640 | 45,815 | 68,685 | 94,424 | -531,448 | 15,547 | -16,737 | -7,958 | 4,812 | 16,146 | -7,999 | -465,201 | 2,214,549 |
| cash and cash equivalents | ||||||||||||||
| cash | 1,906,377 | -788,321 | 357,016 | 413,574 | 95,394 | -648,601 | 460,329 | -201,358 | 5,528 | 418,046 | 141,528 | 126,199 | -168,054 | 256,098 |
| overdraft | ||||||||||||||
| change in cash | 1,906,377 | -788,321 | 357,016 | 413,574 | 95,394 | -648,601 | 460,329 | -201,358 | 5,528 | 418,046 | 141,528 | 126,199 | -168,054 | 256,098 |
kelton engineering limited Credit Report and Business Information
Kelton Engineering Limited Competitor Analysis
Perform a competitor analysis for kelton engineering limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in AB11 area or any other competitors across 12 key performance metrics.
kelton engineering limited Ownership
KELTON ENGINEERING LIMITED group structure
Kelton Engineering Limited has no subsidiary companies.
kelton engineering limited directors
Kelton Engineering Limited currently has 5 directors. The longest serving directors include Mr Iain Pirie (Feb 2012) and Mr Colin Welsh (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Iain Pirie | United Kingdom | 63 years | Feb 2012 | - | Director |
| Mr Colin Welsh | Scotland | 65 years | Oct 2024 | - | Director |
| Mr Robert Drummond | Scotland | 69 years | Oct 2024 | - | Director |
| Mr Adam Kerr | United Kingdom | 35 years | Oct 2024 | - | Director |
| Mr Jeffery Corray | United Kingdom | 62 years | Oct 2024 | - | Director |
P&L
September 2022turnover
5.5m
+15%
operating profit
1.5m
+68%
gross margin
46.7%
+8.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
3.5m
+0.48%
total assets
5.3m
+0.54%
cash
2.4m
+4.08%
net assets
Total assets minus all liabilities
kelton engineering limited company details
company number
SC129648
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2022
previous names
N/A
accountant
-
auditor
BDO LLP
address
the capitol 431 union street, suite 405, aberdeen, AB11 6DA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
kelton engineering 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 5 charges/mortgages relating to kelton engineering limited. Currently there are 0 open charges and 5 have been satisfied in the past.
kelton 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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kelton engineering limited Companies House Filings - See Documents
| date | description | view/download |
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