crest offshore engineering limited
crest offshore engineering limited Company Information
Company Number
SC447722
Next Accounts
363 days late
Industry
Other personal service activities n.e.c.
Directors
Shareholders
andrew coupar reid
Group Structure
View All
Contact
Registered Address
76 annfield terrace, aberdeen, AB10 6TJ
Website
-crest offshore engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CREST OFFSHORE ENGINEERING LIMITED at £56.6k based on a Turnover of £109.7k and 0.52x industry multiple (adjusted for size and gross margin).
crest offshore engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CREST OFFSHORE ENGINEERING LIMITED at £0 based on an EBITDA of £-8.1k and a 3.08x industry multiple (adjusted for size and gross margin).
crest offshore engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CREST OFFSHORE ENGINEERING LIMITED at £93.4k based on Net Assets of £47.4k and 1.97x industry multiple (adjusted for liquidity).
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Crest Offshore Engineering Limited Overview
Crest Offshore Engineering Limited is a live company located in aberdeen, AB10 6TJ with a Companies House number of SC447722. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in April 2013, it's largest shareholder is andrew coupar reid with a 100% stake. Crest Offshore Engineering Limited is a established, micro sized company, Pomanda has estimated its turnover at £109.7k with declining growth in recent years.
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Crest Offshore Engineering Limited Health Check
Pomanda's financial health check has awarded Crest Offshore Engineering 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 £109.7k, make it smaller than the average company (£857.2k)
- Crest Offshore Engineering Limited
£857.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (3.5%)
- Crest Offshore Engineering Limited
3.5% - Industry AVG
Production
with a gross margin of 19.3%, this company has a higher cost of product (40.4%)
- Crest Offshore Engineering Limited
40.4% - Industry AVG
Profitability
an operating margin of -7.4% make it less profitable than the average company (7.3%)
- Crest Offshore Engineering Limited
7.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Crest Offshore Engineering Limited
14 - Industry AVG
Pay Structure
on an average salary of £29.1k, the company has an equivalent pay structure (£29.1k)
- Crest Offshore Engineering Limited
£29.1k - Industry AVG
Efficiency
resulting in sales per employee of £109.7k, this is more efficient (£82.7k)
- Crest Offshore Engineering Limited
£82.7k - Industry AVG
Debtor Days
it gets paid by customers after 157 days, this is later than average (33 days)
- Crest Offshore Engineering Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (41 days)
- Crest Offshore Engineering Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Crest Offshore Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Crest Offshore Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (45.5%)
0.1% - Crest Offshore Engineering Limited
45.5% - Industry AVG
CREST OFFSHORE ENGINEERING LIMITED financials
Crest Offshore Engineering Limited's latest turnover from April 2022 is estimated at £109.7 thousand and the company has net assets of £47.4 thousand. According to their latest financial statements, Crest Offshore Engineering Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 365 | 1,039 | 762 | 286 | 0 | 0 | 86 | 173 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 365 | 1,039 | 762 | 286 | 0 | 0 | 86 | 173 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 47,316 | 55,159 | 72,835 | 104,405 | 12,855 | 12,855 | 13,150 | 0 | 71,715 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 117 | 0 | 0 | 0 | 78 | 1,396 | 2,619 | 23 | 0 |
| Cash | 0 | 0 | 0 | 0 | 112,623 | 100,067 | 109,276 | 115,808 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 47,433 | 55,159 | 72,835 | 104,405 | 125,556 | 114,318 | 125,045 | 115,831 | 71,715 |
| total assets | 47,433 | 55,524 | 73,874 | 105,167 | 125,842 | 114,318 | 125,045 | 115,917 | 71,888 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 52 | 53 | 7,499 | 27,735 | 0 | 0 | 0 | 0 | 27,539 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 712 | 0 | 0 | 638 | 4,487 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 26,062 | 18,463 | 23,655 | 28,712 | 0 |
| total current liabilities | 52 | 53 | 7,499 | 27,735 | 26,774 | 18,463 | 23,655 | 29,350 | 32,026 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 540 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 540 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 52 | 53 | 8,039 | 27,735 | 26,774 | 18,463 | 23,655 | 29,350 | 32,026 |
| net assets | 47,381 | 55,471 | 65,835 | 77,432 | 99,068 | 95,855 | 101,390 | 86,567 | 39,862 |
| total shareholders funds | 47,381 | 55,471 | 65,835 | 77,432 | 99,068 | 95,855 | 101,390 | 86,567 | 39,862 |
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 143 | 0 | 86 | ||||||
| Amortisation | 0 | 0 | 0 | ||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,726 | -17,676 | -31,570 | 91,472 | -1,318 | -1,518 | 15,746 | -71,692 | 71,715 |
| Creditors | -1 | -7,446 | -20,236 | 27,735 | 0 | 0 | 0 | -27,539 | 27,539 |
| Accruals and Deferred Income | 0 | -540 | 540 | -26,062 | 7,599 | -5,192 | -5,057 | 28,712 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -712 | 712 | 0 | -638 | -3,849 | 4,487 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | -112,623 | 12,556 | -9,209 | -6,532 | 115,808 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -112,623 | 12,556 | -9,209 | -6,532 | 115,808 | 0 |
crest offshore engineering limited Credit Report and Business Information
Crest Offshore Engineering Limited Competitor Analysis
Perform a competitor analysis for crest offshore engineering limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in AB10 area or any other competitors across 12 key performance metrics.
crest offshore engineering limited Ownership
CREST OFFSHORE ENGINEERING LIMITED group structure
Crest Offshore Engineering Limited has no subsidiary companies.
Ultimate parent company
CREST OFFSHORE ENGINEERING LIMITED
SC447722
crest offshore engineering limited directors
Crest Offshore Engineering Limited currently has 1 director, Mr Andrew Reid serving since Apr 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Reid | Scotland | 44 years | Apr 2013 | - | Director |
P&L
April 2022turnover
109.7k
-11%
operating profit
-8.1k
0%
gross margin
19.4%
+10.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2022net assets
47.4k
-0.15%
total assets
47.4k
-0.15%
cash
0
0%
net assets
Total assets minus all liabilities
crest offshore engineering limited company details
company number
SC447722
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
April 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2022
previous names
N/A
accountant
CARNEGIE KNOX (SCOTLAND) LIMITED
auditor
-
address
76 annfield terrace, aberdeen, AB10 6TJ
Bank
-
Legal Advisor
-
crest offshore 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 did not find charges/mortgages relating to crest offshore engineering limited.
crest offshore 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 CREST OFFSHORE ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
crest offshore engineering limited Companies House Filings - See Documents
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