crc-evans offshore limited
crc-evans offshore limited Company Information
Company Number
SC313377
Next Accounts
154 days late
Shareholders
alter domus (us) llc
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
site g tofthills avenue, midmill business park, inverurie, AB51 0QP
Website
www.crc-evans.comcrc-evans offshore limited Estimated Valuation
Pomanda estimates the enterprise value of CRC-EVANS OFFSHORE LIMITED at £608.5k based on a Turnover of £969.2k and 0.63x industry multiple (adjusted for size and gross margin).
crc-evans offshore limited Estimated Valuation
Pomanda estimates the enterprise value of CRC-EVANS OFFSHORE LIMITED at £191.1k based on an EBITDA of £51.1k and a 3.74x industry multiple (adjusted for size and gross margin).
crc-evans offshore limited Estimated Valuation
Pomanda estimates the enterprise value of CRC-EVANS OFFSHORE LIMITED at £27.5m based on Net Assets of £11.4m and 2.41x industry multiple (adjusted for liquidity).
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Crc-evans Offshore Limited Overview
Crc-evans Offshore Limited is a live company located in inverurie, AB51 0QP with a Companies House number of SC313377. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in December 2006, it's largest shareholder is alter domus (us) llc with a 100% stake. Crc-evans Offshore Limited is a established, small sized company, Pomanda has estimated its turnover at £969.2k with declining growth in recent years.
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Crc-evans Offshore Limited Health Check
Pomanda's financial health check has awarded Crc-Evans Offshore Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £969.2k, make it in line with the average company (£1.2m)
£969.2k - Crc-evans Offshore Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -60%, show it is growing at a slower rate (4.5%)
-60% - Crc-evans Offshore Limited
4.5% - Industry AVG
Production
with a gross margin of 27.8%, this company has a higher cost of product (41.5%)
27.8% - Crc-evans Offshore Limited
41.5% - Industry AVG
Profitability
an operating margin of 5.3% make it less profitable than the average company (6.9%)
5.3% - Crc-evans Offshore Limited
6.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (15)
8 - Crc-evans Offshore Limited
15 - Industry AVG
Pay Structure
on an average salary of £86.2k, the company has a higher pay structure (£32.9k)
£86.2k - Crc-evans Offshore Limited
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £121.2k, this is more efficient (£100.3k)
£121.2k - Crc-evans Offshore Limited
£100.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Crc-evans Offshore Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (43 days)
32 days - Crc-evans Offshore Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Crc-evans Offshore Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (39 weeks)
0 weeks - Crc-evans Offshore Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.3%, this is a lower level of debt than the average (49.5%)
7.3% - Crc-evans Offshore Limited
49.5% - Industry AVG
CRC-EVANS OFFSHORE LIMITED financials
Crc-Evans Offshore Limited's latest turnover from December 2022 is £969.2 thousand and the company has net assets of £11.4 million. According to their latest financial statements, Crc-Evans Offshore Limited has 8 employees and maintains cash reserves of £8.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 969,226 | 2,450,921 | 11,079,173 | 15,182,410 | 12,758,816 | 22,538,113 | 23,306,969 | 27,118,024 | 19,025,988 | 29,834,267 | 34,311,003 | 20,814,983 | 8,093,970 | 5,096,182 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 700,198 | 1,395,663 | 10,531,459 | 14,486,456 | 12,672,391 | 16,574,951 | 16,793,632 | 23,478,341 | 14,040,306 | 19,206,235 | 23,095,903 | 15,725,402 | 6,255,961 | 3,356,112 |
| Gross Profit | 269,028 | 1,055,258 | 547,714 | 695,954 | 86,425 | 5,963,162 | 6,513,337 | 3,639,683 | 4,985,682 | 10,628,032 | 11,215,100 | 5,089,581 | 1,838,009 | 1,740,070 |
| Admin Expenses | 217,898 | -1,132,706 | 2,070,049 | 2,593,162 | 4,086,790 | 2,258,759 | 3,522,859 | 4,324,645 | 6,226,986 | 4,556,254 | 3,781,226 | 2,615,910 | 1,306,629 | 988,453 |
| Operating Profit | 51,130 | 2,187,964 | -1,522,335 | -1,897,208 | -4,000,365 | 3,704,403 | 2,990,478 | -684,962 | -1,241,304 | 6,071,778 | 7,433,874 | 2,473,671 | 531,380 | 751,617 |
| Interest Payable | 28,444 | 72,948 | 9,799 | 6,404 | 2,237 | 858 | 34,698 | 23,290 | 10,291 | |||||
| Interest Receivable | 28,614 | 43 | 21,443 | 175 | 365 | 1,493 | 13,179 | 27,533 | 7,525 | 1,110 | ||||
| Pre-Tax Profit | 79,744 | 2,188,007 | -1,500,892 | -1,925,477 | -4,073,313 | 3,694,604 | 2,984,439 | -685,706 | -1,228,125 | 6,099,311 | 7,440,541 | 2,440,083 | 508,090 | 741,326 |
| Tax | -311,368 | -1,113,373 | 261,319 | -288,688 | -459,854 | -455,865 | -830,383 | 700,839 | -1,425,313 | -1,670,637 | -10,725 | -165,465 | -211,006 | |
| Profit After Tax | 79,744 | 1,876,639 | -2,614,265 | -1,664,158 | -4,362,001 | 3,234,750 | 2,528,574 | -1,516,089 | -527,286 | 4,673,998 | 5,769,904 | 2,429,358 | 342,625 | 530,320 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 79,744 | 1,876,639 | -2,614,265 | -1,664,158 | -4,362,001 | 3,234,750 | 2,528,574 | -1,516,089 | -527,286 | 4,673,998 | 5,769,904 | 2,429,358 | 342,625 | 530,320 |
| Employee Costs | 689,558 | 833,484 | 3,702,055 | 6,430,585 | 6,531,969 | 7,910,046 | 10,042,997 | 15,887,221 | 9,287,834 | 11,781,493 | 9,120,725 | 7,388,586 | 3,008,791 | |
| Number Of Employees | 8 | 12 | 32 | 62 | 94 | 97 | 120 | 139 | 144 | 164 | 174 | 133 | 52 | |
| EBITDA* | 51,130 | 2,216,544 | -1,447,293 | -1,585,522 | -3,208,872 | 4,535,468 | 3,826,394 | 224,607 | -375,638 | 6,621,067 | 7,913,459 | 2,603,693 | 582,004 | 789,960 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 250,000 | 250,000 | 338,395 | 667,765 | 2,171,244 | 4,018,157 | 4,650,706 | 5,221,870 | 4,875,778 | 4,819,597 | 2,052,357 | 611,637 | 415,733 | 172,601 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 10,127,018 | |||||||||||||
| Total Fixed Assets | 250,000 | 250,000 | 338,395 | 667,765 | 2,171,244 | 14,145,175 | 4,650,706 | 5,221,870 | 4,875,778 | 4,819,597 | 2,052,357 | 611,637 | 415,733 | 172,601 |
| Stock & work in progress | 24,500 | 1,598,858 | 2,017,319 | 1,180,551 | 2,470,213 | 2,280,230 | 1,811,436 | 924,042 | 351,380 | 26,481 | ||||
| Trade Debtors | 1,257,173 | 1,576,960 | 2,541,831 | 2,946,308 | 5,039,495 | 7,122,182 | 8,943,697 | 4,659,537 | 6,783,052 | 11,924,821 | 7,281,887 | 2,681,390 | 1,407,149 | |
| Group Debtors | 12,013,340 | 10,851,389 | 9,532,033 | 10,676,505 | 13,555,876 | 7,622,887 | 11,477,603 | 3,572,270 | 4,496,940 | 6,111,558 | 847,079 | 10,014 | 41,808 | 124,613 |
| Misc Debtors | 15,028 | 135,249 | 353,124 | 434,376 | 2,683,613 | 991,461 | 1,429,643 | 1,192,303 | 678,690 | 180,537 | 112,156 | 992,966 | 56,254 | 111,988 |
| Cash | 8,668 | 434,764 | 297,661 | 40,976 | 89,439 | 570,271 | 47,112 | 2,044,852 | 617,397 | 1,277,470 | 686,419 | |||
| misc current assets | ||||||||||||||
| total current assets | 12,037,036 | 12,243,811 | 11,462,117 | 13,677,212 | 21,219,419 | 15,968,823 | 21,250,955 | 16,267,922 | 12,685,668 | 14,933,695 | 15,852,950 | 9,253,644 | 4,083,403 | 2,330,169 |
| total assets | 12,287,036 | 12,493,811 | 11,800,512 | 14,344,977 | 23,390,663 | 30,113,998 | 25,901,661 | 21,489,792 | 17,561,446 | 19,753,292 | 17,905,307 | 9,865,281 | 4,499,136 | 2,502,770 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 61,561 | 737 | 411,025 | 441,555 | 877,928 | 1,082,837 | 836,841 | 2,822,317 | 1,699,671 | 1,272,810 | 701,435 | 907,520 | 428,450 | 355,984 |
| Group/Directors Accounts | 540,449 | 684,105 | 6,512,367 | 8,347,053 | 8,781,099 | 4,459,264 | 1,123,144 | 1,330,899 | 3,364,405 | 2,733,303 | 1,440,065 | 168,981 | ||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 840,706 | 1,188,049 | 1,230,652 | 946,666 | 1,848,325 | 2,615,298 | 1,449,661 | 1,902,725 | 917,056 | 2,697,173 | 4,145,953 | 2,299,225 | 1,145,471 | 836,629 |
| total current liabilities | 902,267 | 1,188,786 | 2,182,126 | 2,072,326 | 9,238,620 | 12,045,188 | 11,067,601 | 9,184,306 | 3,739,871 | 5,300,882 | 8,211,793 | 5,940,048 | 3,013,986 | 1,361,594 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 190,000 | 230,000 | 445,234 | 103,549 | 18,651 | 20,274 | 9,549 | 8,200 | ||||||
| total long term liabilities | 190,000 | 230,000 | 445,234 | 103,549 | 18,651 | 20,274 | 9,549 | 8,200 | ||||||
| total liabilities | 902,267 | 1,188,786 | 2,372,126 | 2,302,326 | 9,683,854 | 12,045,188 | 11,067,601 | 9,184,306 | 3,739,871 | 5,404,431 | 8,230,444 | 5,960,322 | 3,023,535 | 1,369,794 |
| net assets | 11,384,769 | 11,305,025 | 9,428,386 | 12,042,651 | 13,706,809 | 18,068,810 | 14,834,060 | 12,305,486 | 13,821,575 | 14,348,861 | 9,674,863 | 3,904,959 | 1,475,601 | 1,132,976 |
| total shareholders funds | 11,384,769 | 11,305,025 | 9,428,386 | 12,042,651 | 13,706,809 | 18,068,810 | 14,834,060 | 12,305,486 | 13,821,575 | 14,348,861 | 9,674,863 | 3,904,959 | 1,475,601 | 1,132,976 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 51,130 | 2,187,964 | -1,522,335 | -1,897,208 | -4,000,365 | 3,704,403 | 2,990,478 | -684,962 | -1,241,304 | 6,071,778 | 7,433,874 | 2,473,671 | 531,380 | 751,617 |
| Depreciation | 28,580 | 75,042 | 311,686 | 791,493 | 831,065 | 835,916 | 909,569 | 865,666 | 549,289 | 479,585 | 130,022 | 50,624 | 38,343 | |
| Amortisation | ||||||||||||||
| Tax | -311,368 | -1,113,373 | 261,319 | -288,688 | -459,854 | -455,865 | -830,383 | 700,839 | -1,425,313 | -1,670,637 | -10,725 | -165,465 | -211,006 | |
| Stock | -24,500 | -1,574,358 | -418,461 | 836,768 | -1,099,679 | 189,983 | 2,280,230 | 887,394 | 572,662 | 324,899 | 26,481 | |||
| Debtors | -215,443 | 781,694 | -2,190,595 | -5,533,085 | -4,595,064 | 3,751,433 | 10,194,261 | 3,873,103 | 9,835,167 | 191,091 | 4,599,189 | 5,505,415 | 2,779,452 | 1,643,750 |
| Creditors | 60,824 | -410,288 | -30,530 | -436,373 | -204,909 | 245,996 | -862,830 | 1,122,646 | 1,699,671 | 571,375 | -206,085 | 479,070 | 428,450 | 355,984 |
| Accruals and Deferred Income | -347,343 | -42,603 | 283,986 | -901,659 | -766,973 | 1,165,637 | 532,605 | 985,669 | 917,056 | -1,448,780 | 1,846,728 | 1,153,754 | 1,145,471 | 836,629 |
| Deferred Taxes & Provisions | -190,000 | -40,000 | -215,234 | 445,234 | 84,898 | -1,623 | 10,725 | 9,549 | 8,200 | |||||
| Cash flow from operations | -19,946 | 480,591 | -132,115 | 4,229,974 | 989,317 | 899,046 | -6,054,278 | -2,560,547 | -9,173,469 | 3,324,762 | 2,709,991 | -1,593,797 | -805,924 | 136,017 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -540,449 | -143,656 | -5,828,262 | -1,834,686 | -434,046 | 7,657,955 | 3,336,120 | 1,123,144 | -2,033,506 | 631,102 | 1,293,238 | 1,440,065 | 168,981 | |
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 28,614 | 43 | 21,443 | -28,269 | -72,948 | -9,799 | -6,039 | -744 | 13,179 | 27,533 | 6,667 | -33,588 | -23,290 | -10,291 |
| cash flow from financing | 28,614 | -540,406 | -122,213 | -5,856,531 | -1,907,634 | -443,845 | 6,135,827 | 3,335,376 | 15,485,184 | -2,005,973 | 637,769 | 1,259,650 | 2,549,751 | 761,346 |
| cash and cash equivalents | ||||||||||||||
| cash | 8,668 | -434,764 | 137,103 | 256,685 | -529,295 | -480,832 | 570,271 | -1,997,740 | 1,427,455 | -660,073 | 1,277,470 | 686,419 | ||
| overdraft | ||||||||||||||
| change in cash | 8,668 | -434,764 | 137,103 | 256,685 | -529,295 | -480,832 | 570,271 | -1,997,740 | 1,427,455 | -660,073 | 1,277,470 | 686,419 |
crc-evans offshore limited Credit Report and Business Information
Crc-evans Offshore Limited Competitor Analysis
Perform a competitor analysis for crc-evans offshore limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in AB51 area or any other competitors across 12 key performance metrics.
crc-evans offshore limited Ownership
CRC-EVANS OFFSHORE LIMITED group structure
Crc-Evans Offshore Limited has no subsidiary companies.
Ultimate parent company
ALTER DOMUS (US) LLC
#0149827
1 parent
CRC-EVANS OFFSHORE LIMITED
SC313377
crc-evans offshore limited directors
Crc-Evans Offshore Limited currently has 5 directors. The longest serving directors include Mr Bruno Teixeira (Dec 2021) and Mr Paul McShane (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bruno Teixeira | England | 42 years | Dec 2021 | - | Director |
| Mr Paul McShane | England | 46 years | Dec 2021 | - | Director |
| Mr Frederic Castrec | 54 years | Aug 2022 | - | Director | |
| Mr James MacKay | 62 years | Aug 2022 | - | Director | |
| Mr Duncan Holland | 47 years | Jul 2024 | - | Director |
P&L
December 2022turnover
969.2k
-60%
operating profit
51.1k
-98%
gross margin
27.8%
-35.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
11.4m
+0.01%
total assets
12.3m
-0.02%
cash
8.7k
0%
net assets
Total assets minus all liabilities
crc-evans offshore limited company details
company number
SC313377
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
December 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
global pipelines (uk) ltd. (April 2010)
accountant
-
auditor
KPMG LLP
address
site g tofthills avenue, midmill business park, inverurie, AB51 0QP
Bank
BANK OF SCOTLAND
Legal Advisor
-
crc-evans offshore 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 3 charges/mortgages relating to crc-evans offshore limited. Currently there are 1 open charges and 2 have been satisfied in the past.
crc-evans offshore 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 CRC-EVANS OFFSHORE LIMITED. This can take several minutes, an email will notify you when this has completed.
crc-evans offshore limited Companies House Filings - See Documents
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