concept part solutions europe limited
concept part solutions europe limited Company Information
Company Number
SC488336
Website
-Registered Address
unit 5, northpoint, 28 stephenson street, glasgow, G52 4JD
Industry
Agents specialised in the sale of other particular products
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
cps inc 60%
bruce dickson 30%
View Allconcept part solutions europe limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT PART SOLUTIONS EUROPE LIMITED at £1.3m based on a Turnover of £2.9m and 0.47x industry multiple (adjusted for size and gross margin).
concept part solutions europe limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT PART SOLUTIONS EUROPE LIMITED at £0 based on an EBITDA of £-136.7k and a 3.39x industry multiple (adjusted for size and gross margin).
concept part solutions europe limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT PART SOLUTIONS EUROPE LIMITED at £1.4m based on Net Assets of £1.1m and 1.28x industry multiple (adjusted for liquidity).
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Concept Part Solutions Europe Limited Overview
Concept Part Solutions Europe Limited is a live company located in glasgow, G52 4JD with a Companies House number of SC488336. It operates in the agents specialized in the sale of other particular products sector, SIC Code 46180. Founded in October 2014, it's largest shareholder is cps inc with a 60% stake. Concept Part Solutions Europe Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with declining growth in recent years.
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Concept Part Solutions Europe Limited Health Check
Pomanda's financial health check has awarded Concept Part Solutions Europe Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£9.8m)
- Concept Part Solutions Europe Limited
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.9%)
- Concept Part Solutions Europe Limited
3.9% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (28.1%)
- Concept Part Solutions Europe Limited
28.1% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (5.8%)
- Concept Part Solutions Europe Limited
5.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (16)
9 - Concept Part Solutions Europe Limited
16 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Concept Part Solutions Europe Limited
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £321k, this is equally as efficient (£370.6k)
- Concept Part Solutions Europe Limited
£370.6k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (53 days)
- Concept Part Solutions Europe Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 153 days, this is slower than average (35 days)
- Concept Part Solutions Europe Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 147 days, this is more than average (65 days)
- Concept Part Solutions Europe Limited
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (18 weeks)
24 weeks - Concept Part Solutions Europe Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.5%, this is a lower level of debt than the average (54.4%)
48.5% - Concept Part Solutions Europe Limited
54.4% - Industry AVG
CONCEPT PART SOLUTIONS EUROPE LIMITED financials
Concept Part Solutions Europe Limited's latest turnover from December 2022 is estimated at £2.9 million and the company has net assets of £1.1 million. According to their latest financial statements, Concept Part Solutions Europe Limited has 9 employees and maintains cash reserves of £479.9 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 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 9 | 9 | 10 | 10 | 10 | 10 | 9 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,314 | 1,774 | 630 | 1,415 | 3,063 | 7,997 | 13,093 | 19,812 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 10 | 10 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 2,050 | 0 | 0 | 0 | 2,050 | 0 | 0 | 4,100 |
| Total Fixed Assets | 5,364 | 1,774 | 640 | 1,425 | 5,113 | 7,997 | 13,093 | 23,912 |
| Stock & work in progress | 961,551 | 853,169 | 808,479 | 1,240,040 | 1,216,917 | 1,010,361 | 1,023,638 | 663,180 |
| Trade Debtors | 620,258 | 584,543 | 601,942 | 710,778 | 512,109 | 838,168 | 677,561 | 707,178 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 2,050 | 2,050 | 47,392 |
| Cash | 479,893 | 453,174 | 803,093 | 350,036 | 207,993 | 213,381 | 202,526 | 105,611 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,061,702 | 1,890,886 | 2,213,514 | 2,300,854 | 1,937,019 | 2,063,960 | 1,905,775 | 1,523,361 |
| total assets | 2,067,066 | 1,892,660 | 2,214,154 | 2,302,279 | 1,942,132 | 2,071,957 | 1,918,868 | 1,547,273 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,001,198 | 704,802 | 743,266 | 1,123,808 | 846,233 | 984,459 | 699,851 | 755,615 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 347,084 | 365,493 |
| total current liabilities | 1,001,198 | 704,802 | 743,266 | 1,123,808 | 846,233 | 984,459 | 1,046,935 | 1,121,108 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,044 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,904 | 0 |
| provisions | 828 | 444 | 120 | 269 | 582 | 1,519 | 2,619 | 3,962 |
| total long term liabilities | 828 | 444 | 120 | 269 | 582 | 1,519 | 4,523 | 8,006 |
| total liabilities | 1,002,026 | 705,246 | 743,386 | 1,124,077 | 846,815 | 985,978 | 1,051,458 | 1,129,114 |
| net assets | 1,065,040 | 1,187,414 | 1,470,768 | 1,178,202 | 1,095,317 | 1,085,979 | 867,410 | 418,159 |
| total shareholders funds | 1,065,040 | 1,187,414 | 1,470,768 | 1,178,202 | 1,095,317 | 1,085,979 | 867,410 | 418,159 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,017 | 845 | 1,352 | 1,648 | 5,756 | 8,158 | 7,841 | 6,584 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 108,382 | 44,690 | -431,561 | 23,123 | 206,556 | -13,277 | 360,458 | 663,180 |
| Debtors | 37,765 | -17,399 | -108,836 | 196,619 | -326,059 | 160,607 | -79,059 | 758,670 |
| Creditors | 296,396 | -38,464 | -380,542 | 277,575 | -138,226 | 284,608 | -55,764 | 755,615 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -347,084 | -22,453 | 369,537 |
| Deferred Taxes & Provisions | 384 | 324 | -149 | -313 | -937 | -1,100 | -1,343 | 3,962 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | -10 | 0 | 10 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -1,904 | 1,904 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 26,719 | -349,919 | 453,057 | 142,043 | -5,388 | 10,855 | 96,915 | 105,611 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 26,719 | -349,919 | 453,057 | 142,043 | -5,388 | 10,855 | 96,915 | 105,611 |
concept part solutions europe limited Credit Report and Business Information
Concept Part Solutions Europe Limited Competitor Analysis
Perform a competitor analysis for concept part solutions europe limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
concept part solutions europe limited Ownership
CONCEPT PART SOLUTIONS EUROPE LIMITED group structure
Concept Part Solutions Europe Limited has no subsidiary companies.
Ultimate parent company
CONCEPT PART SOLUTIONS INC.
#0127443
CPS INC
#0077292
2 parents
CONCEPT PART SOLUTIONS EUROPE LIMITED
SC488336
concept part solutions europe limited directors
Concept Part Solutions Europe Limited currently has 2 directors. The longest serving directors include Mr Richard Diehl (Oct 2014) and Mr Bruce Dickson (Nov 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Diehl | Scotland | 67 years | Oct 2014 | - | Director |
| Mr Bruce Dickson | 59 years | Nov 2014 | - | Director |
P&L
December 2022turnover
2.9m
+17%
operating profit
-138.7k
0%
gross margin
17.4%
+12.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.1m
-0.1%
total assets
2.1m
+0.09%
cash
479.9k
+0.06%
net assets
Total assets minus all liabilities
concept part solutions europe limited company details
company number
SC488336
Type
Private limited with Share Capital
industry
46180 - Agents specialised in the sale of other particular products
incorporation date
October 2014
age
10
accounts
Audited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 5, northpoint, 28 stephenson street, glasgow, G52 4JD
last accounts submitted
December 2022
concept part solutions europe 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 concept part solutions europe limited.
concept part solutions europe limited Companies House Filings - See Documents
| date | description | view/download |
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