control cutter limited

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control cutter limited Company Information

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Company Number

SC649928

Website

-

Registered Address

brodies house 31-33 union grove, aberdeen, AB10 6SD

Industry

Support activities for petroleum and natural gas extraction

 

Telephone

-

Next Accounts Due

14 days late

Group Structure

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Directors

Petter Birkeland4 Years

Lukas David4 Years

View All

Shareholders

control cutter as 100%

control cutter limited Estimated Valuation

£398.1k

Pomanda estimates the enterprise value of CONTROL CUTTER LIMITED at £398.1k based on a Turnover of £710.9k and 0.56x industry multiple (adjusted for size and gross margin).

control cutter limited Estimated Valuation

£173k

Pomanda estimates the enterprise value of CONTROL CUTTER LIMITED at £173k based on an EBITDA of £73.3k and a 2.36x industry multiple (adjusted for size and gross margin).

control cutter limited Estimated Valuation

£5k

Pomanda estimates the enterprise value of CONTROL CUTTER LIMITED at £5k based on Net Assets of £3.2k and 1.58x industry multiple (adjusted for liquidity).

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Control Cutter Limited Overview

Control Cutter Limited is a live company located in aberdeen, AB10 6SD with a Companies House number of SC649928. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in December 2019, it's largest shareholder is control cutter as with a 100% stake. Control Cutter Limited is a young, small sized company, Pomanda has estimated its turnover at £710.9k with unknown growth in recent years.

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Control Cutter Limited Health Check

Pomanda's financial health check has awarded Control Cutter Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £710.9k, make it smaller than the average company (£13.8m)

£710.9k - Control Cutter Limited

£13.8m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Control Cutter Limited

- - Industry AVG

production

Production

with a gross margin of 20.6%, this company has a comparable cost of product (20.6%)

20.6% - Control Cutter Limited

20.6% - Industry AVG

profitability

Profitability

an operating margin of 10.3% make it more profitable than the average company (5.9%)

10.3% - Control Cutter Limited

5.9% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (41)

5 - Control Cutter Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £73.1k, the company has an equivalent pay structure (£73.1k)

£73.1k - Control Cutter Limited

£73.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £142.2k, this is less efficient (£224.6k)

£142.2k - Control Cutter Limited

£224.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Control Cutter Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (25 days)

14 days - Control Cutter Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Control Cutter Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (7 weeks)

41 weeks - Control Cutter Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (58.3%)

95.3% - Control Cutter Limited

58.3% - Industry AVG

CONTROL CUTTER LIMITED financials

EXPORTms excel logo

Control Cutter Limited's latest turnover from December 2022 is estimated at £710.9 thousand and the company has net assets of £3.2 thousand. According to their latest financial statements, Control Cutter Limited has 5 employees and maintains cash reserves of £51.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020
Turnover710,903618,935646,633
Other Income Or Grants000
Cost Of Sales564,279517,996529,118
Gross Profit146,624100,939117,516
Admin Expenses73,35180,194191,559
Operating Profit73,27320,745-74,043
Interest Payable000
Interest Receivable1,283343
Pre-Tax Profit74,55620,779-74,040
Tax-14,166-3,9480
Profit After Tax60,39016,831-74,040
Dividends Paid000
Retained Profit60,39016,831-74,040
Employee Costs365,333289,804329,188
Number Of Employees545
EBITDA*73,27320,745-74,043

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020
Tangible Assets000
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets000
Stock & work in progress000
Trade Debtors000
Group Debtors3,26300
Misc Debtors12,2478,7201,388
Cash51,65521,6575,808
misc current assets000
total current assets67,16530,3777,196
total assets67,16530,3777,196
Bank overdraft000
Bank loan000
Trade Creditors 21,90022,3595,861
Group/Directors Accounts024,27670,000
other short term finances000
hp & lease commitments000
other current liabilities42,08340,9505,374
total current liabilities63,98387,58581,235
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities63,98387,58581,235
net assets3,182-57,208-74,039
total shareholders funds3,182-57,208-74,039
Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit73,27320,745-74,043
Depreciation000
Amortisation000
Tax-14,166-3,9480
Stock000
Debtors6,7907,3321,388
Creditors-45916,4985,861
Accruals and Deferred Income1,13335,5765,374
Deferred Taxes & Provisions000
Cash flow from operations52,99161,539-64,196
Investing Activities
capital expenditure000
Change in Investments000
cash flow from investments000
Financing Activities
Bank loans000
Group/Directors Accounts-24,276-45,72470,000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue001
interest1,283343
cash flow from financing-22,993-45,69070,004
cash and cash equivalents
cash29,99815,8495,808
overdraft000
change in cash29,99815,8495,808

control cutter limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Control Cutter Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for control cutter limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other small companies, companies in AB10 area or any other competitors across 12 key performance metrics.

control cutter limited Ownership

CONTROL CUTTER LIMITED group structure

Control Cutter Limited has no subsidiary companies.

Ultimate parent company

CONTROL CUTTER LIMITED

SC649928

CONTROL CUTTER LIMITED Shareholders

control cutter as 100%

control cutter limited directors

Control Cutter Limited currently has 3 directors. The longest serving directors include Mr Petter Birkeland (Dec 2019) and Mr Lukas David (Dec 2019).

officercountryagestartendrole
Mr Petter BirkelandUnited Kingdom55 years Dec 2019- Director
Mr Lukas DavidUnited Kingdom35 years Dec 2019- Director
Mr Daniel PrelevicSweden47 years Nov 2023- Director

P&L

December 2022

turnover

710.9k

+15%

operating profit

73.3k

0%

gross margin

20.7%

+26.47%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

3.2k

-1.06%

total assets

67.2k

+1.21%

cash

51.7k

+1.39%

net assets

Total assets minus all liabilities

control cutter limited company details

company number

SC649928

Type

Private limited with Share Capital

industry

09100 - Support activities for petroleum and natural gas extraction

incorporation date

December 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2022

previous names

N/A

accountant

-

auditor

-

address

brodies house 31-33 union grove, aberdeen, AB10 6SD

Bank

-

Legal Advisor

-

control cutter 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 control cutter limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

control cutter limited Companies House Filings - See Documents

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