astec precision holdings limited
astec precision holdings limited Company Information
Company Number
SC507627
Website
www.astecprecision.comRegistered Address
221 west george street, glasgow, G2 2ND
Industry
Management consultancy activities (other than financial management)
Telephone
441229480300
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
craig hyslop 30.3%
james mcnab pirrie 25.9%
View Allastec precision holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ASTEC PRECISION HOLDINGS LIMITED at £3.7m based on a Turnover of £5.8m and 0.64x industry multiple (adjusted for size and gross margin).
astec precision holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ASTEC PRECISION HOLDINGS LIMITED at £6.8m based on an EBITDA of £1.4m and a 4.86x industry multiple (adjusted for size and gross margin).
astec precision holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ASTEC PRECISION HOLDINGS LIMITED at £3.7m based on Net Assets of £1.5m and 2.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Astec Precision Holdings Limited Overview
Astec Precision Holdings Limited is a live company located in glasgow, G2 2ND with a Companies House number of SC507627. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in June 2015, it's largest shareholder is craig hyslop with a 30.3% stake. Astec Precision Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.8m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Astec Precision Holdings Limited Health Check
Pomanda's financial health check has awarded Astec Precision Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £5.8m, make it larger than the average company (£313.5k)
- Astec Precision Holdings Limited
£313.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 462%, show it is growing at a faster rate (6.2%)
- Astec Precision Holdings Limited
6.2% - Industry AVG
Production
with a gross margin of 53.7%, this company has a comparable cost of product (53.7%)
- Astec Precision Holdings Limited
53.7% - Industry AVG
Profitability
an operating margin of 18% make it more profitable than the average company (8.2%)
- Astec Precision Holdings Limited
8.2% - Industry AVG
Employees
with 51 employees, this is above the industry average (4)
51 - Astec Precision Holdings Limited
4 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Astec Precision Holdings Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £113.9k, this is equally as efficient (£111k)
- Astec Precision Holdings Limited
£111k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is near the average (71 days)
- Astec Precision Holdings Limited
71 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (27 days)
- Astec Precision Holdings Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 140 days, this is more than average (23 days)
- Astec Precision Holdings Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (23 weeks)
17 weeks - Astec Precision Holdings Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77%, this is a higher level of debt than the average (56.2%)
77% - Astec Precision Holdings Limited
56.2% - Industry AVG
ASTEC PRECISION HOLDINGS LIMITED financials
Astec Precision Holdings Limited's latest turnover from June 2023 is estimated at £5.8 million and the company has net assets of £1.5 million. According to their latest financial statements, Astec Precision Holdings Limited has 51 employees and maintains cash reserves of £997.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 51 | 46 | 43 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,617,275 | 1,354,778 | 968,617 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1,429,556 | 1,548,102 | 1,666,648 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 6,181,753 | 6,181,753 | 6,181,753 | 6,181,753 | 6,181,753 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,046,831 | 2,902,880 | 2,635,265 | 6,181,753 | 6,181,753 | 6,181,753 | 6,181,753 | 6,181,753 |
| Stock & work in progress | 1,031,683 | 805,305 | 566,678 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,343,486 | 846,719 | 583,078 | 0 | 0 | 0 | 0 | 16,101 |
| Group Debtors | 0 | 0 | 0 | 33,678 | 30,564 | 45,343 | 0 | 0 |
| Misc Debtors | 43,965 | 23,087 | 115,606 | 0 | 0 | 0 | 440 | 0 |
| Cash | 997,071 | 1,480,606 | 942,801 | 410,859 | 11,787 | 12,122 | 0 | 15,337 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,416,205 | 3,155,717 | 2,208,163 | 444,537 | 42,351 | 57,465 | 440 | 31,438 |
| total assets | 6,463,036 | 6,058,597 | 4,843,428 | 6,626,290 | 6,224,104 | 6,239,218 | 6,182,193 | 6,213,191 |
| Bank overdraft | 692,950 | 776,437 | 1,500,000 | 0 | 200,000 | 200,000 | 264,199 | 200,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 480,408 | 429,390 | 260,142 | 7,140 | 0 | 0 | 74,919 | 43,951 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,485,344 | 1,223,644 | 1,009,643 | 615,940 | 337,300 |
| 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 | 1,720,700 | 1,388,177 | 1,120,602 | 460,752 | 497,625 | 377,544 | 243,269 | 120,062 |
| total current liabilities | 2,894,058 | 2,594,004 | 2,880,744 | 1,953,236 | 1,921,269 | 1,587,187 | 1,198,327 | 701,313 |
| loans | 1,240,000 | 1,932,950 | 1,240,000 | 2,740,000 | 2,240,000 | 2,440,000 | 2,940,000 | 3,290,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 455,808 | 472,297 | 199,839 | 150,000 | 150,000 | 300,000 | 0 | 0 |
| provisions | 385,958 | 211,361 | 166,669 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,081,766 | 2,616,608 | 1,606,508 | 2,890,000 | 2,390,000 | 2,740,000 | 2,940,000 | 3,290,000 |
| total liabilities | 4,975,824 | 5,210,612 | 4,487,252 | 4,843,236 | 4,311,269 | 4,327,187 | 4,138,327 | 3,991,313 |
| net assets | 1,487,212 | 847,985 | 356,176 | 1,783,054 | 1,912,835 | 1,912,031 | 2,043,866 | 2,221,878 |
| total shareholders funds | 1,487,212 | 847,985 | 356,176 | 1,783,054 | 1,912,835 | 1,912,031 | 2,043,866 | 2,221,878 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 233,115 | 186,903 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 118,546 | 118,546 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 226,378 | 238,627 | 566,678 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 517,645 | 171,122 | 665,006 | 3,114 | -14,779 | 44,903 | -15,661 | 16,101 |
| Creditors | 51,018 | 169,248 | 253,002 | 7,140 | 0 | -74,919 | 30,968 | 43,951 |
| Accruals and Deferred Income | 332,523 | 267,575 | 659,850 | -36,873 | 120,081 | 134,275 | 123,207 | 120,062 |
| Deferred Taxes & Provisions | 174,597 | 44,692 | 166,669 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | -6,181,753 | 0 | 0 | 0 | 0 | 6,181,753 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1,485,344 | 261,700 | 214,001 | 393,703 | 278,640 | 337,300 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -692,950 | 692,950 | -1,500,000 | 500,000 | -200,000 | -500,000 | -350,000 | 3,290,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -16,489 | 272,458 | 49,839 | 0 | -150,000 | 300,000 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -483,535 | 537,805 | 531,942 | 399,072 | -335 | 12,122 | -15,337 | 15,337 |
| overdraft | -83,487 | -723,563 | 1,500,000 | -200,000 | 0 | -64,199 | 64,199 | 200,000 |
| change in cash | -400,048 | 1,261,368 | -968,058 | 599,072 | -335 | 76,321 | -79,536 | -184,663 |
astec precision holdings limited Credit Report and Business Information
Astec Precision Holdings Limited Competitor Analysis
Perform a competitor analysis for astec precision holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
astec precision holdings limited Ownership
ASTEC PRECISION HOLDINGS LIMITED group structure
Astec Precision Holdings Limited has 1 subsidiary company.
Ultimate parent company
ASTEC PRECISION HOLDINGS LIMITED
SC507627
1 subsidiary
astec precision holdings limited directors
Astec Precision Holdings Limited currently has 6 directors. The longest serving directors include Mr Brian Aitken (Jun 2015) and Mr Ian Buchan (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Aitken | United Kingdom | 50 years | Jun 2015 | - | Director |
| Mr Ian Buchan | United Kingdom | 43 years | Jun 2015 | - | Director |
| Mr John Pirrie | United Kingdom | 65 years | Jul 2015 | - | Director |
| Mr James Pirrie | Scotland | 63 years | Jul 2015 | - | Director |
| Mr Craig Hyslop | Scotland | 54 years | Nov 2018 | - | Director |
| Mr Edward Young | United Kingdom | 62 years | May 2021 | - | Director |
P&L
June 2023turnover
5.8m
+47%
operating profit
1m
0%
gross margin
53.8%
-2.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.5m
+0.75%
total assets
6.5m
+0.07%
cash
997.1k
-0.33%
net assets
Total assets minus all liabilities
astec precision holdings limited company details
company number
SC507627
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
June 2015
age
9
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
221 west george street, glasgow, G2 2ND
last accounts submitted
June 2023
astec precision 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 3 charges/mortgages relating to astec precision holdings limited. Currently there are 3 open charges and 0 have been satisfied in the past.
astec precision holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
