altrad technical services (holdings) limited
altrad technical services (holdings) limited Company Information
Company Number
SC272959
Next Accounts
Sep 2025
Shareholders
stork ts holdings limited
Group Structure
View All
Industry
Support activities for petroleum and natural gas extraction
Registered Address
norfolk house, pitmedden road, dyce, aberdeen, AB21 0DP
Website
www.stork.comaltrad technical services (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ALTRAD TECHNICAL SERVICES (HOLDINGS) LIMITED at £0 based on a Turnover of £0 and 0.71x industry multiple (adjusted for size and gross margin).
altrad technical services (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ALTRAD TECHNICAL SERVICES (HOLDINGS) LIMITED at £0 based on an EBITDA of £0 and a 2.34x industry multiple (adjusted for size and gross margin).
altrad technical services (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ALTRAD TECHNICAL SERVICES (HOLDINGS) LIMITED at £57.5m based on Net Assets of £41.2m and 1.4x industry multiple (adjusted for liquidity).
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Altrad Technical Services (holdings) Limited Overview
Altrad Technical Services (holdings) Limited is a live company located in aberdeen, AB21 0DP with a Companies House number of SC272959. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in September 2004, it's largest shareholder is stork ts holdings limited with a 100% stake. Altrad Technical Services (holdings) Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Altrad Technical Services (holdings) Limited Health Check
Pomanda's financial health check has awarded Altrad Technical Services (Holdings) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Altrad Technical Services (holdings) Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Altrad Technical Services (holdings) Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Altrad Technical Services (holdings) Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Altrad Technical Services (holdings) Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
- Altrad Technical Services (holdings) Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Altrad Technical Services (holdings) Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Altrad Technical Services (holdings) Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Altrad Technical Services (holdings) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Altrad Technical Services (holdings) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Altrad Technical Services (holdings) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
- - Altrad Technical Services (holdings) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (55.4%)
- - Altrad Technical Services (holdings) Limited
- - Industry AVG
ALTRAD TECHNICAL SERVICES (HOLDINGS) LIMITED financials
Altrad Technical Services (Holdings) Limited's latest turnover from December 2023 is 0 and the company has net assets of £41.2 million. According to their latest financial statements, we estimate that Altrad Technical Services (Holdings) Limited has 1 employee and maintains cash reserves of £8 thousand 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 227,924,000 | 254,577,000 | 328,954,000 | 378,154,000 | 377,468,000 | 322,082,000 | 305,288,000 | 306,496,000 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 200,594,000 | 222,404,000 | 282,673,000 | 324,909,000 | 321,310,000 | 274,176,000 | 260,292,000 | 262,383,000 | |||||||
| Gross Profit | 27,330,000 | 32,173,000 | 46,281,000 | 53,245,000 | 56,158,000 | 47,906,000 | 44,996,000 | 44,113,000 | |||||||
| Admin Expenses | 22,029,000 | 28,647,000 | 34,235,000 | 39,827,000 | 35,774,000 | 39,063,000 | 31,042,000 | 35,456,000 | |||||||
| Operating Profit | 5,301,000 | 3,526,000 | 12,046,000 | 13,418,000 | 20,384,000 | 8,843,000 | 13,954,000 | 8,657,000 | |||||||
| Interest Payable | 26,000 | 25,000 | 25,000 | 25,000 | 25,000 | 56,000 | 46,000 | 163,000 | 5,864,000 | 4,112,000 | 3,637,000 | 1,490,000 | 2,300,000 | ||
| Interest Receivable | 82,000 | 82,000 | 82,000 | 82,000 | 81,000 | 562,000 | 633,000 | 1,386,000 | 2,088,000 | 1,216,000 | 2,018,000 | 73,000 | 70,000 | 5,000 | 15,000 |
| Pre-Tax Profit | 56,000 | 57,000 | 57,000 | 57,000 | 56,000 | 66,097,000 | 633,000 | 6,631,000 | 5,566,000 | 13,099,000 | 11,954,000 | 29,258,000 | 3,823,000 | 12,962,000 | 6,567,000 |
| Tax | -336,000 | 8,000 | 114,000 | 211,000 | -99,000 | -686,000 | -2,325,000 | -3,274,000 | -6,308,000 | -6,893,000 | -4,141,000 | -4,952,000 | -3,685,000 | ||
| Profit After Tax | -280,000 | 57,000 | 57,000 | 65,000 | 170,000 | 66,308,000 | 534,000 | 5,945,000 | 3,241,000 | 9,825,000 | 5,646,000 | 22,365,000 | -318,000 | 8,010,000 | 2,882,000 |
| Dividends Paid | 65,308,000 | 26,425,000 | |||||||||||||
| Retained Profit | -280,000 | 57,000 | 57,000 | 65,000 | 170,000 | 1,000,000 | 534,000 | 5,945,000 | 3,241,000 | 9,825,000 | -20,779,000 | 22,365,000 | -318,000 | 8,010,000 | 2,882,000 |
| Employee Costs | 159,708,000 | 166,442,000 | 223,042,000 | 256,035,000 | 234,377,000 | 200,168,000 | 199,822,000 | 199,919,000 | |||||||
| Number Of Employees | 2,571 | 2,836 | 3,343 | 3,675 | 3,681 | 3,892 | 3,976 | 3,901 | |||||||
| EBITDA* | 11,777,000 | 10,663,000 | 19,991,000 | 22,085,000 | 29,333,000 | 17,790,000 | 22,385,000 | 16,923,000 |
* 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,259,000 | 12,585,000 | 18,533,000 | 18,666,000 | 24,364,000 | 23,316,000 | 26,329,000 | 23,802,000 | |||||||
| Intangible Assets | 14,000,000 | 13,913,000 | 14,963,000 | 16,329,000 | 14,184,000 | 15,307,000 | 16,459,000 | 17,558,000 | |||||||
| Investments & Other | 31,348,000 | 31,348,000 | 31,348,000 | 31,348,000 | 31,348,000 | 31,348,000 | 14,659,000 | 18,000 | 18,000 | 18,000 | 393,000 | 579,000 | 281,000 | ||
| Debtors (Due After 1 year) | 133,000 | ||||||||||||||
| Total Fixed Assets | 31,348,000 | 31,348,000 | 31,348,000 | 31,348,000 | 31,348,000 | 31,348,000 | 14,659,000 | 24,259,000 | 26,498,000 | 33,514,000 | 35,013,000 | 38,566,000 | 39,016,000 | 43,367,000 | 41,774,000 |
| Stock & work in progress | 1,714,000 | 2,017,000 | 2,168,000 | 2,499,000 | 728,000 | 897,000 | 1,013,000 | 1,008,000 | |||||||
| Trade Debtors | 26,070,000 | 21,304,000 | 35,703,000 | 46,513,000 | 52,658,000 | 71,908,000 | 72,570,000 | 56,086,000 | |||||||
| Group Debtors | 10,667,000 | 10,922,000 | 10,840,000 | 10,756,000 | 10,563,000 | 8,625,000 | 24,903,000 | 28,745,000 | 25,591,000 | 28,684,000 | 9,582,000 | 21,820,000 | 4,153,000 | 1,948,000 | 4,357,000 |
| Misc Debtors | 30,960,000 | 30,286,000 | 39,815,000 | 30,524,000 | 32,009,000 | 5,862,000 | 7,639,000 | 3,528,000 | |||||||
| Cash | 8,000 | 8,000 | 8,000 | 9,000 | 9,000 | 1,635,000 | 1,636,000 | 44,622,000 | 37,121,000 | 38,514,000 | 17,460,000 | 13,835,000 | 3,786,000 | 5,207,000 | |
| misc current assets | 21,828,000 | ||||||||||||||
| total current assets | 10,675,000 | 10,930,000 | 10,848,000 | 10,765,000 | 10,572,000 | 10,260,000 | 26,539,000 | 132,111,000 | 116,319,000 | 128,198,000 | 127,632,000 | 124,675,000 | 96,655,000 | 86,956,000 | 70,186,000 |
| total assets | 42,023,000 | 42,278,000 | 42,196,000 | 42,113,000 | 41,920,000 | 41,608,000 | 41,198,000 | 156,370,000 | 142,817,000 | 161,712,000 | 162,645,000 | 163,241,000 | 135,671,000 | 130,323,000 | 111,960,000 |
| Bank overdraft | 30,802,000 | 22,184,000 | |||||||||||||
| Bank loan | 5,822,000 | 4,623,000 | |||||||||||||
| Trade Creditors | 11,312,000 | 7,108,000 | 11,982,000 | 12,378,000 | 16,778,000 | 8,340,000 | 9,142,000 | 6,464,000 | |||||||
| Group/Directors Accounts | 819,000 | 794,000 | 769,000 | 743,000 | 615,000 | 473,000 | 1,062,000 | 8,898,000 | 9,009,000 | 22,720,000 | 23,652,000 | 1,386,000 | 503,000 | ||
| other short term finances | 1,045,000 | ||||||||||||||
| hp & lease commitments | 1,440,000 | 1,062,000 | |||||||||||||
| other current liabilities | 19,640,000 | 17,395,000 | 21,408,000 | 31,179,000 | 34,229,000 | 29,667,000 | 21,731,000 | 17,846,000 | |||||||
| total current liabilities | 819,000 | 794,000 | 769,000 | 743,000 | 615,000 | 473,000 | 1,062,000 | 39,850,000 | 33,512,000 | 56,110,000 | 67,209,000 | 52,393,000 | 38,510,000 | 68,937,000 | 53,224,000 |
| loans | 50,499,000 | 59,542,000 | 24,233,000 | 30,182,000 | |||||||||||
| hp & lease commitments | 480,000 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 50,499,000 | 59,542,000 | 24,233,000 | 30,662,000 | |||||||||||
| total liabilities | 819,000 | 794,000 | 769,000 | 743,000 | 615,000 | 473,000 | 1,062,000 | 39,850,000 | 33,512,000 | 56,110,000 | 67,209,000 | 102,892,000 | 98,052,000 | 93,170,000 | 83,886,000 |
| net assets | 41,204,000 | 41,484,000 | 41,427,000 | 41,370,000 | 41,305,000 | 41,135,000 | 40,136,000 | 116,520,000 | 109,305,000 | 105,602,000 | 95,436,000 | 60,349,000 | 37,619,000 | 37,153,000 | 28,074,000 |
| total shareholders funds | 41,204,000 | 41,484,000 | 41,427,000 | 41,370,000 | 41,305,000 | 41,135,000 | 40,136,000 | 116,520,000 | 109,305,000 | 105,602,000 | 95,436,000 | 60,349,000 | 37,619,000 | 37,153,000 | 28,074,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 5,301,000 | 3,526,000 | 12,046,000 | 13,418,000 | 20,384,000 | 8,843,000 | 13,954,000 | 8,657,000 | |||||||
| Depreciation | 4,949,000 | 5,640,000 | 6,579,000 | 7,301,000 | 7,826,000 | 7,795,000 | 7,304,000 | 7,345,000 | |||||||
| Amortisation | 1,527,000 | 1,497,000 | 1,366,000 | 1,366,000 | 1,123,000 | 1,152,000 | 1,127,000 | 921,000 | |||||||
| Tax | -336,000 | 8,000 | 114,000 | 211,000 | -99,000 | -686,000 | -2,325,000 | -3,274,000 | -6,308,000 | -6,893,000 | -4,141,000 | -4,952,000 | -3,685,000 | ||
| Stock | -1,714,000 | -303,000 | -151,000 | -331,000 | 1,771,000 | -169,000 | -116,000 | 5,000 | 1,008,000 | ||||||
| Debtors | -255,000 | 82,000 | 84,000 | 193,000 | 1,938,000 | -16,278,000 | -60,872,000 | 8,594,000 | -27,021,000 | 17,583,000 | -19,868,000 | 24,564,000 | -234,000 | 18,053,000 | 64,104,000 |
| Creditors | -11,312,000 | 4,204,000 | -4,874,000 | -396,000 | -4,400,000 | 8,438,000 | -802,000 | 2,678,000 | 6,464,000 | ||||||
| Accruals and Deferred Income | -19,640,000 | 2,245,000 | -4,013,000 | -9,771,000 | -3,050,000 | 4,562,000 | 7,936,000 | 3,885,000 | 17,846,000 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -81,000 | -82,000 | -84,000 | -185,000 | -1,824,000 | 16,489,000 | 31,535,000 | 9,249,000 | 26,623,000 | -10,702,000 | 26,424,000 | 11,045,000 | 21,133,000 | 5,938,000 | -27,564,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -1,490,000 | 1,901,000 | -6,334,000 | -7,624,000 | -9,440,000 | -7,684,000 | |||||||||
| Change in Investments | 16,689,000 | 14,659,000 | -18,000 | -375,000 | -186,000 | 298,000 | 281,000 | ||||||||
| cash flow from investments | -1,490,000 | 1,919,000 | -6,334,000 | -7,438,000 | -9,738,000 | -7,965,000 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -5,822,000 | 1,199,000 | 4,623,000 | ||||||||||||
| Group/Directors Accounts | 25,000 | 25,000 | 26,000 | 128,000 | 142,000 | -589,000 | -7,836,000 | -111,000 | -13,711,000 | -932,000 | 22,266,000 | 883,000 | 503,000 | ||
| Other Short Term Loans | -1,045,000 | 1,045,000 | |||||||||||||
| Long term loans | -50,499,000 | -9,043,000 | 35,309,000 | -5,949,000 | 30,182,000 | ||||||||||
| Hire Purchase and Lease Commitments | -1,440,000 | -102,000 | 1,542,000 | ||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 56,000 | 57,000 | 57,000 | 57,000 | 56,000 | 562,000 | 633,000 | 1,330,000 | 2,042,000 | 1,053,000 | -3,846,000 | -4,039,000 | -3,567,000 | -1,485,000 | -2,285,000 |
| cash flow from financing | 81,000 | 82,000 | 83,000 | 185,000 | 198,000 | -28,000 | -84,121,000 | 2,489,000 | -11,207,000 | 462,000 | 23,787,000 | -11,834,000 | 25,767,000 | -6,313,000 | 60,299,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,000 | -1,626,000 | -1,000 | -42,986,000 | 7,501,000 | 37,121,000 | -38,514,000 | 21,054,000 | 3,625,000 | 10,049,000 | -1,421,000 | 5,207,000 | |||
| overdraft | -30,802,000 | 8,618,000 | 22,184,000 | ||||||||||||
| change in cash | -1,000 | -1,626,000 | -1,000 | -42,986,000 | 7,501,000 | 37,121,000 | -38,514,000 | 21,054,000 | 3,625,000 | 40,851,000 | -10,039,000 | -16,977,000 |
altrad technical services (holdings) limited Credit Report and Business Information
Altrad Technical Services (holdings) Limited Competitor Analysis
Perform a competitor analysis for altrad technical services (holdings) limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mature companies, companies in AB21 area or any other competitors across 12 key performance metrics.
altrad technical services (holdings) limited Ownership
ALTRAD TECHNICAL SERVICES (HOLDINGS) LIMITED group structure
Altrad Technical Services (Holdings) Limited has 1 subsidiary company.
Ultimate parent company
FLUOR CORPORATION
#0005675
2 parents
ALTRAD TECHNICAL SERVICES (HOLDINGS) LIMITED
SC272959
1 subsidiary
altrad technical services (holdings) limited directors
Altrad Technical Services (Holdings) Limited currently has 5 directors. The longest serving directors include Mr David Stewart (Jul 2015) and Mr Stephen Hunt (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Stewart | 59 years | Jul 2015 | - | Director | |
| Mr Stephen Hunt | 63 years | Jan 2019 | - | Director | |
| Mr John Walsh | 60 years | Feb 2025 | - | Director | |
| Mr Padraig Somers | 47 years | Feb 2025 | - | Director | |
| Mr Christopher Garland | 41 years | Feb 2025 | - | 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
41.2m
-0.01%
total assets
42m
-0.01%
cash
8k
0%
net assets
Total assets minus all liabilities
Similar Companies
altrad technical services (holdings) limited company details
company number
SC272959
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
September 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
stork technical services (holdings) limited (March 2025)
rbg (holdings) limited (January 2012)
See moreaccountant
-
auditor
ERNST & YOUNG LLP
address
norfolk house, pitmedden road, dyce, aberdeen, AB21 0DP
Bank
RABOBANK INTERNATIONAL
Legal Advisor
-
altrad technical services (holdings) 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 13 charges/mortgages relating to altrad technical services (holdings) limited. Currently there are 0 open charges and 13 have been satisfied in the past.
altrad technical services (holdings) 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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altrad technical services (holdings) limited Companies House Filings - See Documents
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