alfred cheyne engineering limitedEstimated Valuation
£49.2m
Pomanda estimates the enterprise value of ALFRED CHEYNE ENGINEERING LIMITED at £49.2m based on a Turnover of £32.4m and 1.52x industry multiple (adjusted for size and gross margin).
alfred cheyne engineering limitedEstimated Valuation
£115m
Pomanda estimates the enterprise value of ALFRED CHEYNE ENGINEERING LIMITED at £115m based on an EBITDA of £9.9m and a 11.66x industry multiple (adjusted for size and gross margin).
alfred cheyne engineering limitedEstimated Valuation
£75m
Pomanda estimates the enterprise value of ALFRED CHEYNE ENGINEERING LIMITED at £75m based on Net Assets of £33.2m and 2.26x industry multiple (adjusted for liquidity).
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Alfred Cheyne Engineering LimitedOverview
Alfred Cheyne Engineering Limited is a live company located in westhill, AB32 6FG with a Companies House number of SC168176. It operates in the manufacture of lifting and handling equipment sector, SIC Code 28220. Founded in September 1996, it's largest shareholder is
rathmay limited
with a 100% stake. Alfred Cheyne Engineering Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£32.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Alfred Cheyne Engineering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
9 Strong
2 Regular
1 Weak
Size
annual sales of £40.8m, make it larger than the average company (£12.9m)
£40.8m - Alfred Cheyne Engineering Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2.6%)
12% - Alfred Cheyne Engineering Limited
2.6% - Industry AVG
Production
with a gross margin of 69.5%, this company has a lower cost of product (29.7%)
69.5% - Alfred Cheyne Engineering Limited
29.7% - Industry AVG
Profitability
an operating margin of 32.5% make it more profitable than the average company (5.3%)
32.5% - Alfred Cheyne Engineering Limited
5.3% - Industry AVG
Employees
with 145 employees, this is above the industry average (74)
145 - Alfred Cheyne Engineering Limited
74 - Industry AVG
Pay Structure
on an average salary of £68.2k, the company has a higher pay structure (£46.4k)
£68.2k - Alfred Cheyne Engineering Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £281.4k, this is more efficient (£166.8k)
£281.4k - Alfred Cheyne Engineering Limited
£166.8k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (63 days)
55 days - Alfred Cheyne Engineering Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (54 days)
71 days - Alfred Cheyne Engineering Limited
54 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is in line with average (70 days)
56 days - Alfred Cheyne Engineering Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 61 weeks, this is more cash available to meet short term requirements (14 weeks)
61 weeks - Alfred Cheyne Engineering Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.4%, this is a lower level of debt than the average (54.5%)
31.4% - Alfred Cheyne Engineering Limited
54.5% - Industry AVG
ALFRED CHEYNE ENGINEERING LIMITED financials
EXPORT
Alfred Cheyne Engineering Limited's latest turnover from December 2023 is £32.4 million and the company has net assets of £33.2 million. According to their latest financial statements, Alfred Cheyne Engineering Limited has 182 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
32,439,000
40,808,000
28,993,000
27,978,000
29,049,000
21,688,000
22,556,000
22,808,000
26,709,000
38,697,000
35,421,000
31,129,000
21,946,000
16,857,000
12,063,244
Other Income Or Grants
Cost Of Sales
7,930,000
12,463,000
18,171,000
14,369,000
26,182,000
16,867,000
16,190,000
14,834,000
20,569,000
27,408,000
21,473,000
17,446,000
11,728,000
9,749,000
6,593,483
Gross Profit
24,509,000
28,345,000
10,822,000
13,609,000
2,867,000
4,821,000
6,366,000
7,974,000
6,140,000
11,289,000
13,948,000
13,683,000
10,218,000
7,108,000
5,469,761
Admin Expenses
16,990,000
15,091,000
6,397,000
5,507,000
12,538,000
5,250,000
8,311,000
6,501,000
7,829,000
7,523,000
6,926,000
6,106,000
3,150,000
2,787,000
1,252,118
Operating Profit
7,519,000
13,254,000
4,425,000
8,102,000
-9,671,000
-429,000
-1,945,000
1,473,000
-1,689,000
3,766,000
7,022,000
7,577,000
7,068,000
4,321,000
4,217,643
Interest Payable
182,000
281,000
258,000
300,000
746,000
598,000
342,000
364,000
424,000
274,000
317,000
219,000
143,000
123,000
125,675
Interest Receivable
77,000
18,000
7,624
3,000
48,000
6,064
Pre-Tax Profit
7,414,000
12,991,000
4,167,000
7,802,000
-10,417,000
-1,027,000
-2,287,000
1,109,000
-2,113,000
3,492,000
6,708,000
7,406,000
6,925,000
4,198,000
4,098,032
Tax
-2,479,000
-2,192,000
-1,702,000
-1,390,000
682,000
432,000
279,000
-431,000
660,000
-548,000
-919,000
-1,228,000
-2,139,000
-1,446,000
-1,062,732
Profit After Tax
4,935,000
10,799,000
2,465,000
6,412,000
-9,735,000
-595,000
-2,008,000
678,000
-1,453,000
2,944,000
5,789,000
6,178,000
4,786,000
2,752,000
3,035,300
Dividends Paid
1,500,000
3,000,000
3,000,000
326,000
442,000
421,000
1,212,000
831,000
1,770,000
520,000
415,000
369,000
443,313
Retained Profit
3,435,000
7,799,000
-535,000
6,086,000
-10,177,000
-1,016,000
-3,220,000
678,000
-2,284,000
2,944,000
4,019,000
5,658,000
4,371,000
2,383,000
2,591,987
Employee Costs
9,933,000
9,888,000
9,711,000
9,157,000
12,360,000
8,740,000
10,492,000
12,434,000
15,391,000
16,889,000
13,890,000
11,164,000
8,443,000
5,796,000
4,044,228
Number Of Employees
182
145
157
171
176
158
204
265
342
349
295
253
200
162
122
EBITDA*
9,862,000
15,865,000
6,973,000
10,255,000
-5,921,000
2,301,000
824,000
4,271,000
917,000
6,043,000
9,085,000
9,300,000
8,108,000
4,321,000
4,768,015
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
21,299,000
21,056,000
22,153,000
23,573,000
19,670,000
30,134,000
30,398,000
36,416,000
35,420,000
33,751,000
31,077,000
28,993,000
20,160,000
15,562,000
10,749,173
Intangible Assets
6,000
Investments & Other
72,000
58,000
14,000
14,000
Debtors (Due After 1 year)
12,000
Total Fixed Assets
21,371,000
21,114,000
22,171,000
23,587,000
19,684,000
30,134,000
30,398,000
36,416,000
35,420,000
33,751,000
31,077,000
28,993,000
20,160,000
15,562,000
10,749,173
Stock & work in progress
1,935,000
1,917,000
1,170,000
1,261,000
905,000
1,342,000
1,725,000
1,810,000
1,226,000
1,754,000
1,873,000
584,000
636,000
590,000
660,726
Trade Debtors
5,593,000
6,236,000
8,443,000
3,024,000
3,929,000
4,789,000
3,451,000
4,348,000
3,990,000
6,093,000
5,437,000
4,539,000
4,607,000
4,149,000
1,500,537
Group Debtors
4,356,000
3,886,000
625,000
773,000
279,000
1,369,000
Misc Debtors
4,693,000
3,817,000
693,000
1,367,000
1,901,000
330,000
227,000
2,717,000
4,421,000
782,000
1,204,000
401,000
304,000
202,987
Cash
3,578,000
10,311,000
1,953,000
2,267,000
918,000
350,000
1,683,000
254,000
590,000
350,000
230,000
510,000
1,912,000
278,000
1,440
misc current assets
total current assets
20,155,000
22,281,000
16,145,000
8,544,000
8,426,000
8,439,000
7,468,000
8,008,000
8,523,000
12,618,000
8,322,000
6,837,000
7,556,000
5,321,000
2,365,690
total assets
41,526,000
43,395,000
38,316,000
32,131,000
28,110,000
38,573,000
37,866,000
44,424,000
43,943,000
46,369,000
39,399,000
35,830,000
27,716,000
20,883,000
13,114,863
Bank overdraft
4,017,000
3,611,000
2,530,000
1,334,000
4,913,000
1,588,000
1,314,000
142,598
Bank loan
727,000
710,000
683,000
661,000
148,000
149,000
132,507
Trade Creditors
2,836,000
2,440,000
2,607,000
2,141,000
1,843,000
2,344,000
1,680,000
1,717,000
1,858,000
3,513,000
1,411,000
2,713,000
2,110,000
4,748,000
1,227,303
Group/Directors Accounts
258,000
376,000
2,474,000
152,000
1,176,000
326,000
46,000
35,000
36
other short term finances
522,000
430,000
2,750,000
1,357,000
2,262,000
1,440,000
hp & lease commitments
23,000
46,000
40,000
527,000
688,000
42,000
1,535,000
1,968,000
1,110,000
809,000
459,000
463,000
196,000
148,243
other current liabilities
2,906,000
5,269,000
4,723,000
1,908,000
4,012,000
1,751,000
3,174,000
2,210,000
4,074,000
3,878,000
4,419,000
5,469,000
1,354,000
741,398
total current liabilities
6,023,000
8,653,000
10,274,000
7,478,000
7,719,000
6,289,000
3,799,000
13,478,000
11,797,000
11,910,000
8,093,000
12,652,000
9,779,000
7,647,000
2,392,085
loans
2,424,000
2,946,000
2,750,000
7,750,000
2,624,000
3,347,000
4,052,000
4,735,000
1,105,000
1,143,000
1,292,000
1,432,862
hp & lease commitments
8,000
27,000
737,000
1,224,000
301,000
1,834,000
1,458,000
989,000
122,000
548,000
310,000
28,812
Accruals and Deferred Income
other liabilities
307,000
315,000
323,000
331,000
provisions
2,278,000
2,229,000
2,320,000
1,421,000
1,120,000
1,559,000
1,405,000
1,421,000
986,000
1,390,000
1,384,000
1,128,000
800,526
total long term liabilities
2,286,000
4,960,000
5,608,000
2,481,000
4,305,000
8,179,000
8,870,000
4,484,000
6,586,000
6,931,000
6,710,000
2,617,000
3,075,000
2,730,000
2,262,200
total liabilities
8,309,000
13,613,000
15,882,000
9,959,000
12,024,000
14,468,000
12,669,000
17,962,000
18,383,000
18,841,000
14,803,000
15,269,000
12,854,000
10,377,000
4,654,285
net assets
33,217,000
29,782,000
22,434,000
22,172,000
16,086,000
24,105,000
25,197,000
26,462,000
25,560,000
27,528,000
24,596,000
20,561,000
14,862,000
10,506,000
8,460,578
total shareholders funds
33,217,000
29,782,000
22,434,000
22,172,000
16,086,000
24,105,000
25,197,000
26,462,000
25,560,000
27,528,000
24,596,000
20,561,000
14,862,000
10,506,000
8,460,578
Dec 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
7,519,000
13,254,000
4,425,000
8,102,000
-9,671,000
-429,000
-1,945,000
1,473,000
-1,689,000
3,766,000
7,022,000
7,577,000
7,068,000
4,321,000
4,217,643
Depreciation
2,028,000
2,603,000
2,540,000
2,145,000
3,750,000
2,730,000
2,769,000
2,798,000
2,606,000
2,277,000
2,063,000
1,723,000
1,040,000
550,372
Amortisation
315,000
8,000
8,000
8,000
Tax
-2,479,000
-2,192,000
-1,702,000
-1,390,000
682,000
432,000
279,000
-431,000
660,000
-548,000
-919,000
-1,228,000
-2,139,000
-1,446,000
-1,062,732
Stock
765,000
747,000
-91,000
356,000
905,000
-383,000
-85,000
584,000
-528,000
-119,000
1,289,000
-52,000
46,000
-70,726
660,726
Debtors
1,608,000
-2,981,000
8,018,000
-1,587,000
6,603,000
729,000
-1,884,000
-763,000
-3,807,000
4,295,000
476,000
735,000
555,000
2,749,476
1,703,524
Creditors
229,000
-167,000
466,000
298,000
1,843,000
664,000
-37,000
-141,000
-1,655,000
2,102,000
-1,302,000
603,000
-2,638,000
3,520,697
1,227,303
Accruals and Deferred Income
-1,817,000
546,000
2,815,000
-2,104,000
4,012,000
-1,751,000
-1,423,000
964,000
-1,864,000
196,000
-541,000
-1,050,000
4,115,000
612,602
741,398
Deferred Taxes & Provisions
-42,000
-91,000
899,000
1,421,000
-1,120,000
-439,000
154,000
-16,000
435,000
-404,000
6,000
256,000
327,474
800,526
Cash flow from operations
3,380,000
16,195,000
1,524,000
9,711,000
-6,892,000
180,000
1,173,000
4,996,000
2,377,000
4,052,000
4,154,000
6,948,000
7,101,000
4,657,023
4,110,260
Investing Activities
capital expenditure
-1,483,000
-1,508,000
-6,056,000
-23,420,000
-2,466,000
548,000
-3,572,000
-3,965,000
-5,114,000
-4,256,000
-10,783,000
-5,534,000
-5,776,000
-2,509,218
Change in Investments
72,000
58,000
-14,000
14,000
cash flow from investments
-1,555,000
-1,566,000
14,000
-6,056,000
-23,434,000
-2,466,000
548,000
-3,572,000
-3,965,000
-5,114,000
-4,256,000
-10,783,000
-5,534,000
-5,776,000
-2,509,218
Financing Activities
Bank loans
-727,000
17,000
27,000
22,000
513,000
-1,000
149,000
-132,507
132,507
Group/Directors Accounts
-2,216,000
-2,098,000
2,322,000
-1,024,000
1,176,000
-326,000
280,000
46,000
-35,000
34,964
36
Other Short Term Loans
-430,000
92,000
-2,320,000
2,750,000
1,357,000
-2,262,000
822,000
1,440,000
Long term loans
-2,946,000
-522,000
2,946,000
-2,750,000
2,750,000
-7,750,000
5,126,000
-723,000
-705,000
-683,000
3,630,000
-38,000
-149,000
-140,862
1,432,862
Hire Purchase and Lease Commitments
-36,000
-21,000
-1,197,000
-648,000
1,912,000
-42,000
-1,794,000
-1,966,000
1,234,000
770,000
1,217,000
-430,000
505,000
328,945
177,055
other long term liabilities
-315,000
-8,000
-8,000
-8,000
331,000
share issue
7,348,000
-451,000
797,000
26,263,000
-76,000
1,955,000
224,000
316,000
-12,000
16,000
41,000
-15,000
-337,578
5,868,591
interest
-105,000
-263,000
-258,000
-300,000
-746,000
-590,376
-342,000
-364,000
-424,000
-274,000
-314,000
-171,000
-143,000
-123,000
-119,611
cash flow from financing
1,300,000
-3,271,000
2,282,000
-1,980,000
31,686,000
-7,427,376
2,236,000
-1,944,000
1,888,000
-177,000
5,062,000
-599,000
312,000
-370,038
7,491,440
cash and cash equivalents
cash
1,625,000
8,358,000
-314,000
1,349,000
918,000
-1,333,000
1,429,000
-336,000
240,000
120,000
-280,000
-1,402,000
1,634,000
276,560
1,440
overdraft
-4,017,000
406,000
1,081,000
1,196,000
-3,579,000
3,325,000
274,000
1,171,402
142,598
change in cash
1,625,000
8,358,000
-314,000
1,349,000
918,000
-1,333,000
5,446,000
-742,000
-841,000
-1,076,000
3,299,000
-4,727,000
1,360,000
-894,842
-141,158
alfred cheyne 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 alfred cheyne engineering limited. Get real-time insights into alfred cheyne engineering limited's credit score, group structure and payment trends.
Alfred Cheyne Engineering Limited Competitor Analysis
Perform a competitor analysis for alfred cheyne engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in AB32 area or any other competitors across 12 key performance metrics.
alfred cheyne engineering limited Ownership
ALFRED CHEYNE ENGINEERING LIMITED group structure
Alfred Cheyne Engineering Limited has no subsidiary companies.
The sole shareholder of Alfred Cheyne Engineering Limited is Rathmay Limited.
rathmay limited
100%
alfred cheyne engineering limited directors
Alfred Cheyne Engineering Limited currently has 3 directors.
The longest serving directors include
Mr George Fisher (Aug 2019) and
Mr Allan Pirie (Nov 2023).
ashtead house discovery drive, arnhall business park, westhill, AB32 6FG
Bank
HSBC BANK PLC
Legal Advisor
BLACKWOOD PARTNERS LLP
alfred cheyne 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 17 charges/mortgages relating to alfred cheyne engineering limited. Currently there are 3 open charges and 14 have been satisfied in the past.
alfred cheyne 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.
Click to start generating capital raising & share issue transactions for ALFRED CHEYNE ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
alfred cheyne engineering limitedCompanies House Filings - See Documents
