Pomanda estimates the enterprise value of KJ TAIT ENGINEERS LIMITED at £3.7m based on a Turnover of £7.6m and 0.49x industry multiple (adjusted for size and gross margin).
kj tait engineers limitedEstimated Valuation
£427.1k
Pomanda estimates the enterprise value of KJ TAIT ENGINEERS LIMITED at £427.1k based on an EBITDA of £104.9k and a 4.07x industry multiple (adjusted for size and gross margin).
kj tait engineers limitedEstimated Valuation
£7.5m
Pomanda estimates the enterprise value of KJ TAIT ENGINEERS LIMITED at £7.5m based on Net Assets of £3.7m and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kj Tait Engineers LimitedOverview
Kj Tait Engineers Limited is a live company located in glasgow, G3 7XH with a Companies House number of SC371461. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in January 2010, it's largest shareholder is
kj tait group limited
with a 100% stake. Kj Tait Engineers Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£7.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Kj Tait Engineers Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £7.6m, make it larger than the average company (£843.6k)
£7.6m - Kj Tait Engineers Limited
£843.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9%)
12% - Kj Tait Engineers Limited
9% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
38.1% - Kj Tait Engineers Limited
38.1% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (6.8%)
-0.8% - Kj Tait Engineers Limited
6.8% - Industry AVG
Employees
with 96 employees, this is above the industry average (9)
96 - Kj Tait Engineers Limited
9 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
£51.6k - Kj Tait Engineers Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £78.9k, this is less efficient (£100.2k)
£78.9k - Kj Tait Engineers Limited
£100.2k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (71 days)
87 days - Kj Tait Engineers Limited
71 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (25 days)
12 days - Kj Tait Engineers Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is in line with average (38 days)
33 days - Kj Tait Engineers Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 95 weeks, this is more cash available to meet short term requirements (21 weeks)
95 weeks - Kj Tait Engineers Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.3%, this is a lower level of debt than the average (57.2%)
21.3% - Kj Tait Engineers Limited
57.2% - Industry AVG
KJ TAIT ENGINEERS LIMITED financials
EXPORT
Kj Tait Engineers Limited's latest turnover from March 2024 is estimated at £7.6 million and the company has net assets of £3.7 million. According to their latest financial statements, Kj Tait Engineers Limited has 96 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Turnover
7,575,791
7,528,764
5,989,915
5,368,444
5,279,527
4,955,175
5,195,188
5,499,415
4,970,076
6,472,338
6,898,972
6,649,430
5,734,099
5,628,450
Other Income Or Grants
Cost Of Sales
4,690,145
4,834,476
3,604,725
3,208,876
3,075,792
2,850,243
2,917,973
2,686,860
2,293,026
3,634,879
3,421,486
3,524,783
3,268,923
2,426,594
Gross Profit
2,885,646
2,694,288
2,385,190
2,159,568
2,203,735
2,104,932
2,277,214
2,812,555
2,677,050
2,837,459
3,477,486
3,124,647
2,465,177
3,201,856
Admin Expenses
2,946,475
1,320,077
2,012,472
1,856,790
2,153,615
1,663,171
2,229,833
2,775,146
2,653,150
2,323,707
3,002,643
2,882,893
1,690,225
3,156,171
Operating Profit
-60,829
1,374,211
372,718
302,778
50,120
441,761
47,381
37,409
23,900
513,752
474,843
241,754
774,952
45,685
Interest Payable
3,375
4,100
3,206
1,525
11,235
25,781
26,126
12,209
5,177
5,177
9,351
9,351
Interest Receivable
61,291
32,088
3,666
257
88
320
2
4
100
136
38
Pre-Tax Profit
-2,913
1,402,199
373,178
301,510
50,209
430,846
21,600
11,283
11,691
513,754
469,670
236,676
765,736
36,372
Tax
-266,418
-70,904
-57,287
-9,540
-81,861
-4,104
-2,256
-2,338
-107,888
-108,024
-56,802
-199,091
-10,184
Profit After Tax
-2,913
1,135,781
302,274
244,223
40,669
348,985
17,496
9,026
9,353
405,866
361,646
179,874
566,645
26,188
Dividends Paid
Retained Profit
-2,913
1,135,781
302,274
244,223
40,669
348,985
17,496
9,026
9,353
405,866
361,646
179,874
566,645
26,188
Employee Costs
4,958,067
4,557,404
4,304,654
4,211,105
4,101,395
4,166,273
4,177,401
3,980,190
3,631,924
2,950,909
3,032,386
3,125,690
2,850,418
2,923,890
Number Of Employees
96
89
82
84
86
85
84
80
73
60
65
67
63
65
EBITDA*
104,921
1,514,962
508,673
444,414
194,218
589,980
193,585
180,767
168,049
660,710
581,086
327,351
834,852
472,307
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Tangible Assets
187,119
100,614
89,013
76,715
96,934
103,590
138,803
112,229
123,593
63,051
96,470
127,375
171,726
153,392
Intangible Assets
619,855
723,167
826,479
929,791
1,033,103
1,136,415
1,239,727
1,343,039
1,446,351
1,549,663
1,642,974
1,674,188
1,689,188
1,689,188
Investments & Other
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
Debtors (Due After 1 year)
20,500
10,937
4,035
Total Fixed Assets
831,974
848,781
960,992
1,042,443
1,159,072
1,265,005
1,403,530
1,480,268
1,594,944
1,637,714
1,764,444
1,801,563
1,860,914
1,842,580
Stock & work in progress
425,000
425,000
425,000
450,000
450,000
420,000
400,000
400,000
400,000
350,000
350,000
300,000
275,000
275,000
Trade Debtors
1,818,635
2,117,725
1,731,403
1,343,823
1,163,089
1,085,333
1,164,133
1,274,508
1,032,326
1,204,148
1,084,755
1,155,990
912,117
991,874
Group Debtors
48,100
Misc Debtors
177,329
154,577
104,269
142,103
161,134
251,736
121,615
112,761
91,662
Cash
1,379,610
955,300
554,728
422,796
91,464
85,273
1
1
82
826
853
39,037
15,200
misc current assets
total current assets
3,848,674
3,652,602
2,815,400
2,358,722
1,865,687
1,842,342
1,685,748
1,787,270
1,523,989
1,554,230
1,435,581
1,456,843
1,226,154
1,282,074
total assets
4,680,648
4,501,383
3,776,392
3,401,165
3,024,759
3,107,347
3,089,278
3,267,538
3,118,933
3,191,944
3,200,025
3,258,406
3,087,068
3,124,654
Bank overdraft
332,886
460,379
375,668
159,298
287,716
Bank loan
10,000
10,000
10,000
5,000
Trade Creditors
164,100
103,149
91,971
48,543
109,015
53,083
107,027
39,483
58,413
1,048,203
1,313,973
1,173,266
936,695
883,549
Group/Directors Accounts
other short term finances
hp & lease commitments
3,433
35,263
30,999
20,141
other current liabilities
574,839
462,674
885,956
892,551
749,896
709,085
644,589
787,420
632,434
total current liabilities
748,939
575,823
987,927
946,094
858,911
762,168
1,084,502
1,287,282
1,069,948
1,048,203
1,313,973
1,367,827
967,694
1,191,406
loans
15,000
25,000
35,000
45,000
hp & lease commitments
44,489
60,868
33,116
Accruals and Deferred Income
other liabilities
200,000
200,000
200,000
200,000
200,000
420,000
420,000
420,000
499,313
603,422
751,599
1,073,283
1,465,573
1,866,544
provisions
33,996
14,934
3,620
8,582
1,558
7,300
total long term liabilities
248,996
239,934
238,620
245,000
200,000
420,000
428,582
421,558
499,313
603,422
751,599
1,117,772
1,526,441
1,906,960
total liabilities
997,935
815,757
1,226,547
1,191,094
1,058,911
1,182,168
1,513,084
1,708,840
1,569,261
1,651,625
2,065,572
2,485,599
2,494,135
3,098,366
net assets
3,682,713
3,685,626
2,549,845
2,210,071
1,965,848
1,925,179
1,576,194
1,558,698
1,549,672
1,540,319
1,134,453
772,807
592,933
26,288
total shareholders funds
3,682,713
3,685,626
2,549,845
2,210,071
1,965,848
1,925,179
1,576,194
1,558,698
1,549,672
1,540,319
1,134,453
772,807
592,933
26,288
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Operating Activities
Operating Profit
-60,829
1,374,211
372,718
302,778
50,120
441,761
47,381
37,409
23,900
513,752
474,843
241,754
774,952
45,685
Depreciation
62,438
37,439
32,643
38,324
40,786
44,907
42,892
40,046
40,837
53,647
75,029
70,597
59,900
49,592
Amortisation
103,312
103,312
103,312
103,312
103,312
103,312
103,312
103,312
103,312
93,311
31,214
15,000
377,030
Tax
-266,418
-70,904
-57,287
-9,540
-81,861
-4,104
-2,256
-2,338
-107,888
-108,024
-56,802
-199,091
-10,184
Stock
-25,000
30,000
20,000
50,000
50,000
25,000
275,000
Debtors
-228,238
416,130
359,309
168,605
-8,811
51,321
-101,521
263,281
-80,160
119,393
-71,235
243,873
-79,757
991,874
Creditors
60,951
11,178
43,428
-60,472
55,932
-53,944
67,544
-18,930
-989,790
-265,770
140,707
236,571
53,146
883,549
Accruals and Deferred Income
112,165
-423,282
-6,595
142,655
40,811
64,496
-142,831
154,986
632,434
Deferred Taxes & Provisions
19,062
11,314
3,620
-8,582
7,024
1,558
-7,300
7,300
Cash flow from operations
525,337
431,624
143,913
300,705
260,232
438,768
222,739
52,844
-161,485
167,659
635,004
238,247
761,364
86,098
Investing Activities
capital expenditure
-148,943
-49,040
-44,941
-18,105
-34,130
-9,694
-69,466
-28,682
-101,379
-20,228
-44,124
-26,246
-78,234
-2,269,202
Change in Investments
25,000
cash flow from investments
-148,943
-49,040
-44,941
-18,105
-34,130
-9,694
-69,466
-28,682
-101,379
-20,228
-69,124
-26,246
-78,234
-2,269,202
Financing Activities
Bank loans
5,000
5,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
-10,000
-10,000
-10,000
45,000
Hire Purchase and Lease Commitments
-3,433
3,433
-79,752
-12,115
38,610
53,257
other long term liabilities
-220,000
-79,313
-104,109
-148,177
-321,684
-392,290
-400,971
1,866,544
share issue
37,500
100
interest
57,916
27,988
460
-1,268
88
-10,915
-25,781
-26,126
-12,209
2
-5,173
-5,077
-9,215
-9,313
cash flow from financing
47,916
17,988
32,960
48,732
-219,912
-10,915
-25,781
-108,872
-112,885
-148,175
-406,609
-409,482
-371,576
1,910,588
cash and cash equivalents
cash
424,310
400,572
131,932
331,332
6,191
85,273
-1
-81
-744
-27
-38,184
23,837
15,200
overdraft
-332,886
-127,493
84,711
375,668
-159,298
159,298
-287,716
287,716
change in cash
424,310
400,572
131,932
331,332
6,191
418,159
127,492
-84,711
-375,749
-744
159,271
-197,482
311,553
-272,516
kj tait engineers 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 kj tait engineers limited. Get real-time insights into kj tait engineers limited's credit score, group structure and payment trends.
Perform a competitor analysis for kj tait engineers limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in G 3 area or any other competitors across 12 key performance metrics.
kj tait engineers limited Ownership
KJ TAIT ENGINEERS LIMITED group structure
Kj Tait Engineers Limited has no subsidiary companies.
Ultimate parent company
KJ TAIT ENGINEERS LIMITED
SC371461
KJ TAIT ENGINEERS LIMITED Shareholders
The sole shareholder of Kj Tait Engineers Limited is Kj Tait Group Limited.
kj tait group limited
100%
kj tait engineers limited directors
Kj Tait Engineers Limited currently has 9 directors.
The longest serving directors include
Mr Mark Curley (Apr 2010) and
Mr Alistair Black (Apr 2010).
71122 - Engineering related scientific and technical consulting activities
incorporation date
January 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
exchangelaw (459) limited (February 2010)
accountant
CONSILIUM CHARTERED ACCOUNTANTS
auditor
-
address
15 woodside terrace, glasgow, G3 7XH
Bank
-
Legal Advisor
-
kj tait engineers 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 1 charges/mortgages relating to kj tait engineers limited. Currently there are 1 open charges and 0 have been satisfied in the past.
kj tait engineers 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 KJ TAIT ENGINEERS LIMITED. This can take several minutes, an email will notify you when this has completed.
kj tait engineers limitedCompanies House Filings - See Documents
