essential technical services ltd.
essential technical services ltd. Company Information
Company Number
SC199710
Website
4dinteriors.co.ukRegistered Address
the tower house, haulkerton wood, laurencekirk, kincardineshire, AB30 1DZ
Industry
Extraction of crude petroleum
Telephone
01561378568
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
richard haugh 50%
sarah haugh 50%
essential technical services ltd. Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIAL TECHNICAL SERVICES LTD. at £319.7k based on a Turnover of £476.1k and 0.67x industry multiple (adjusted for size and gross margin).
essential technical services ltd. Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIAL TECHNICAL SERVICES LTD. at £16.9k based on an EBITDA of £10.7k and a 1.58x industry multiple (adjusted for size and gross margin).
essential technical services ltd. Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIAL TECHNICAL SERVICES LTD. at £65k based on Net Assets of £52.7k and 1.23x industry multiple (adjusted for liquidity).
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Essential Technical Services Ltd. Overview
Essential Technical Services Ltd. is a dissolved company that was located in laurencekirk, AB30 1DZ with a Companies House number of SC199710. It operated in the extraction of crude petroleum sector, SIC Code 06100. Founded in September 1999, it's largest shareholder was richard haugh with a 50% stake. The last turnover for Essential Technical Services Ltd. was estimated at £476.1k.
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Essential Technical Services Ltd. Health Check
Pomanda's financial health check has awarded Essential Technical Services Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £476.1k, make it smaller than the average company (£30.4m)
- Essential Technical Services Ltd.
£30.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Essential Technical Services Ltd.
- - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)
- Essential Technical Services Ltd.
29.5% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (25%)
- Essential Technical Services Ltd.
25% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
2 - Essential Technical Services Ltd.
31 - Industry AVG
Pay Structure
on an average salary of £124.5k, the company has an equivalent pay structure (£124.5k)
- Essential Technical Services Ltd.
£124.5k - Industry AVG
Efficiency
resulting in sales per employee of £238.1k, this is less efficient (£653k)
- Essential Technical Services Ltd.
£653k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Essential Technical Services Ltd.
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (21 days)
- Essential Technical Services Ltd.
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Essential Technical Services Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 863 weeks, this is more cash available to meet short term requirements (7 weeks)
863 weeks - Essential Technical Services Ltd.
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6%, this is a lower level of debt than the average (63.2%)
6% - Essential Technical Services Ltd.
63.2% - Industry AVG
ESSENTIAL TECHNICAL SERVICES LTD. financials
Essential Technical Services Ltd.'s latest turnover from April 2019 is estimated at £476.1 thousand and the company has net assets of £52.7 thousand. According to their latest financial statements, Essential Technical Services Ltd. has 2 employees and maintains cash reserves of £55.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 237 | 468 | 237 | 15,216 | 19,664 | 26,388 | 21,726 | 30,227 | 673 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 38,000 | 38,000 | 89,425 | 89,425 | 89,425 | 75,740 | 75,740 | 75,740 | 67,670 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 237 | 38,468 | 38,237 | 104,641 | 109,089 | 115,813 | 97,466 | 105,967 | 76,413 | 67,670 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 18,391 | 23,799 | 15,245 | 45,946 | 20,007 | 14,462 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 221 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 55,831 | 7,259 | 42,708 | 92,452 | 143,059 | 130,860 | 86,683 | 79,404 | 60,198 | 68,524 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 55,831 | 7,259 | 42,708 | 92,673 | 161,450 | 154,659 | 101,928 | 125,350 | 80,205 | 82,986 |
| total assets | 56,068 | 45,727 | 80,945 | 197,314 | 270,539 | 270,472 | 199,394 | 231,317 | 156,618 | 150,656 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1 | 1 | 0 | 0 | 30,645 | 47,822 | 17,571 | 48,177 | 29,934 | 31,049 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,360 | 1,715 | 2,738 | 3,979 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,361 | 1,716 | 2,738 | 3,979 | 30,645 | 47,822 | 17,571 | 48,177 | 29,934 | 31,049 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 2,819 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 2,819 | 0 | 0 | 0 | 0 |
| total liabilities | 3,361 | 1,716 | 2,738 | 3,979 | 30,645 | 50,641 | 17,571 | 48,177 | 29,934 | 31,049 |
| net assets | 52,707 | 44,011 | 78,207 | 193,335 | 239,894 | 219,831 | 181,823 | 183,140 | 126,684 | 119,607 |
| total shareholders funds | 52,707 | 44,011 | 78,207 | 193,335 | 239,894 | 219,831 | 181,823 | 183,140 | 126,684 | 119,607 |
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 231 | 468 | 692 | 5,147 | 6,724 | 9,768 | 8,501 | 8,156 | 168 | 124 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -221 | -18,170 | -5,408 | 8,554 | -30,701 | 25,939 | 5,545 | 14,462 |
| Creditors | 0 | 1 | 0 | -30,645 | -17,177 | 30,251 | -30,606 | 18,243 | -1,115 | 31,049 |
| Accruals and Deferred Income | 1,645 | -1,023 | -1,241 | 3,979 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -38,000 | 0 | -51,425 | 0 | 0 | 13,685 | 0 | 0 | 8,070 | 67,670 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -2,819 | 2,819 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 48,572 | -35,449 | -49,744 | -50,607 | 12,199 | 44,177 | 7,279 | 19,206 | -8,326 | 68,524 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 48,572 | -35,449 | -49,744 | -50,607 | 12,199 | 44,177 | 7,279 | 19,206 | -8,326 | 68,524 |
essential technical services ltd. Credit Report and Business Information
Essential Technical Services Ltd. Competitor Analysis
Perform a competitor analysis for essential technical services ltd. by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other undefined companies, companies in AB30 area or any other competitors across 12 key performance metrics.
essential technical services ltd. Ownership
ESSENTIAL TECHNICAL SERVICES LTD. group structure
Essential Technical Services Ltd. has no subsidiary companies.
Ultimate parent company
ESSENTIAL TECHNICAL SERVICES LTD.
SC199710
essential technical services ltd. directors
Essential Technical Services Ltd. currently has 2 directors. The longest serving directors include Mr Richard Haugh (Nov 1999) and Mrs Sarah Haugh (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Haugh | 62 years | Nov 1999 | - | Director | |
| Mrs Sarah Haugh | 57 years | Feb 2016 | - | Director |
P&L
April 2019turnover
476.1k
+17%
operating profit
10.5k
0%
gross margin
29.5%
+74.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2019net assets
52.7k
+0.2%
total assets
56.1k
+0.23%
cash
55.8k
+6.69%
net assets
Total assets minus all liabilities
essential technical services ltd. company details
company number
SC199710
Type
Private limited with Share Capital
industry
06100 - Extraction of crude petroleum
incorporation date
September 1999
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2019
previous names
N/A
accountant
BON ACCORD ACCOUNTANCY LIMITED
auditor
-
address
the tower house, haulkerton wood, laurencekirk, kincardineshire, AB30 1DZ
Bank
-
Legal Advisor
-
essential technical services ltd. 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 essential technical services ltd..
essential technical services ltd. Companies House Filings - See Documents
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