aqurate engineering(scotland) ltd
aqurate engineering(scotland) ltd Company Information
Group Structure
View All
Industry
Other manufacturing n.e.c.
+3Registered Address
95 westburn drive, cambuslang, glasgow, G72 7NA
Website
-aqurate engineering(scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of AQURATE ENGINEERING(SCOTLAND) LTD at £426.3k based on a Turnover of £1.3m and 0.34x industry multiple (adjusted for size and gross margin).
aqurate engineering(scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of AQURATE ENGINEERING(SCOTLAND) LTD at £0 based on an EBITDA of £-748.4k and a 2.76x industry multiple (adjusted for size and gross margin).
aqurate engineering(scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of AQURATE ENGINEERING(SCOTLAND) LTD at £0 based on Net Assets of £-748.4k and 2.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Aqurate Engineering(scotland) Ltd Overview
Aqurate Engineering(scotland) Ltd is a live company located in glasgow, G72 7NA with a Companies House number of SC761780. It operates in the machining sector, SIC Code 25620. Founded in March 2023, it's largest shareholder is john murphy with a 100% stake. Aqurate Engineering(scotland) Ltd is a startup, small sized company, Pomanda has estimated its turnover at £1.3m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Aqurate Engineering(scotland) Ltd Health Check
Pomanda's financial health check has awarded Aqurate Engineering(Scotland) Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£10.3m)
- Aqurate Engineering(scotland) Ltd
£10.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Aqurate Engineering(scotland) Ltd
- - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (28.6%)
- Aqurate Engineering(scotland) Ltd
28.6% - Industry AVG
Profitability
an operating margin of -58.9% make it less profitable than the average company (5.8%)
- Aqurate Engineering(scotland) Ltd
5.8% - Industry AVG
Employees
with 6 employees, this is below the industry average (66)
6 - Aqurate Engineering(scotland) Ltd
66 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Aqurate Engineering(scotland) Ltd
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £211.9k, this is more efficient (£145.8k)
- Aqurate Engineering(scotland) Ltd
£145.8k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (48 days)
- Aqurate Engineering(scotland) Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 288 days, this is slower than average (40 days)
- Aqurate Engineering(scotland) Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Aqurate Engineering(scotland) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Aqurate Engineering(scotland) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 807.8%, this is a higher level of debt than the average (49.4%)
807.8% - Aqurate Engineering(scotland) Ltd
49.4% - Industry AVG
AQURATE ENGINEERING(SCOTLAND) LTD financials
Aqurate Engineering(Scotland) Ltd's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of -£748.4 thousand. According to their latest financial statements, Aqurate Engineering(Scotland) Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | |
|---|---|
| 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 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 82,615 |
| Group Debtors | 0 |
| Misc Debtors | 23,124 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 105,739 |
| total assets | 105,739 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 820,179 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 820,179 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 2,484 |
| other liabilities | 0 |
| provisions | 31,439 |
| total long term liabilities | 33,923 |
| total liabilities | 854,102 |
| net assets | -748,363 |
| total shareholders funds | -748,363 |
| Mar 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 105,739 |
| Creditors | 820,179 |
| Accruals and Deferred Income | 2,484 |
| Deferred Taxes & Provisions | 31,439 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
aqurate engineering(scotland) ltd Credit Report and Business Information
Aqurate Engineering(scotland) Ltd Competitor Analysis
Perform a competitor analysis for aqurate engineering(scotland) ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in G72 area or any other competitors across 12 key performance metrics.
aqurate engineering(scotland) ltd Ownership
AQURATE ENGINEERING(SCOTLAND) LTD group structure
Aqurate Engineering(Scotland) Ltd has no subsidiary companies.
Ultimate parent company
AQURATE ENGINEERING(SCOTLAND) LTD
SC761780
aqurate engineering(scotland) ltd directors
Aqurate Engineering(Scotland) Ltd currently has 1 director, Mr John Murphy serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Murphy | 63 years | Mar 2023 | - | Director |
P&L
March 2024turnover
1.3m
0%
operating profit
-748.4k
0%
gross margin
18.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-748.4k
0%
total assets
105.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
aqurate engineering(scotland) ltd company details
company number
SC761780
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
33170 - Repair and maintenance of other transport equipment
25620 - Machining
incorporation date
March 2023
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
95 westburn drive, cambuslang, glasgow, G72 7NA
Bank
-
Legal Advisor
-
aqurate engineering(scotland) ltd 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 aqurate engineering(scotland) ltd.
aqurate engineering(scotland) ltd 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 AQURATE ENGINEERING(SCOTLAND) LTD. This can take several minutes, an email will notify you when this has completed.
aqurate engineering(scotland) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
