OverviewSuggest Edit

ETG (The Engineering Technology Group) is a company that manufactures machine tools. The company provides milling and turning machines. It also offers CNC servicing and maintenance options, CNC training courses, as well as programming, logistics, systems integration, and project management services.

TypePrivate
Founded1996
HQWellesbourne, GB
Websiteengtechgroup.com

Latest Updates

Employees (est.) (Jan 2020)24(+5%)
Revenue (FY, 2018)£2.6 M(+20%)

ETG Office Locations

ETG has offices in Wellesbourne and Newbridge
Wellesbourne, GB (HQ)
Wellesbourne Distribution Park, Unit 16 Loxley Road
Newbridge, IE
ETG Ireland, Unit 17, Newbridge Industrial Estate, Athgarvan Road
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ETG Financials and Metrics

Summary Metrics

Founding Date

1996
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ETG Revenue

ETG's revenue was reported to be £2.59 m in FY, 2018
GBP

Revenue (FY, 2018)

2.6m

Gross profit (FY, 2018)

74.8k

Gross profit margin (FY, 2018), %

2.9%

Net income (FY, 2018)

49.2k

EBITDA (FY, 2018)

150.8k

EBIT (FY, 2018)

47.0k

Cash (31-Dec-2018)

1.0k
GBPFY, 1997FY, 1998FY, 1999FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2007FY, 2008FY, 2009FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

6.6m6.2m5.7m3.5m828.9k3.9m8.8m11.8m4.0m2.2m2.6m

Revenue growth, %

26%11%

Cost of goods sold

4.5m4.3m4.0m2.4m238.3k2.6m6.9m10.0m3.3m1.9m2.5m

Gross profit

2.0m1.9m1.7m1.1m590.6k1.3m1.9m1.8m681.8k243.6k74.8k
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

733.7k1.1m30.7k529.4k286.5k591.8k247.5k30.7k676.2k254.0k1.1m487.1k1.0k266.5k4.3k501.0278.6k1.3m193.2k647.3k75.01.0k

Accounts Receivable

808.4k920.1k1.6m1.7m660.7k871.0k631.0k1.8m809.8k883.2k622.7k255.2k956.6k2.0m3.2m2.1m660.2k795.2k405.5k187.2k74.8k

Inventories

102.7k92.4k395.8k845.9k836.9k428.4k489.4k645.3k491.3k353.4k176.8k446.7k126.4k97.6k168.9k47.9k20.3k266.9k403.6k434.5k197.8k

Current Assets

1.7m2.2m2.2m3.1m1.9m1.9m1.6m2.7m2.4m3.3m3.2m3.4m2.1m1.3m2.2m3.2m6.4m9.6m6.8m5.1m2.6m7.1m
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2007FY, 2008FY, 2009FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

144.6k139.2k105.4k79.0k60.6k1.7k85.8k2.8k44.7k(187.1k)2.4k248.8k76.5k299.7k84.6k27.1k49.2k

Cash From Operating Activities

851.6k592.6k336.0k557.0k17.9k537.0k439.1k157.8k847.9k1.1m(897.1k)220.0k(760.1k)342.2k

Dividends Paid

75.0k5.0k25.4k50.0k

Cash From Financing Activities

(63.5k)(113.3k)(118.5k)408.5k(71.1k)(82.4k)143.5k(48.6k)(15.7k)(30.6k)(48.8k)(29.1k)(42.2k)(39.8k)
GBPY, 2018

Debt/Equity

0.1 x

Financial Leverage

5.1 x
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ETG Online and Social Media Presence

Embed Graph

ETG Blogs

Quaser install helps BSC Filters meet 22% growth in sales

A world leader in electromagnetic wave filters for the defence sector has increased its machining capacity with the installation of new Quaser technology. BSC Filters, which designs and manufactures microwave filters, diplexers, waveguide and coaxial passive components, has reacted to a changing nee…

Nakamura purchase seals record year of investment for Scot Bennett

Installation of new CNC technology has capped over £350,000 of investment and record sales for a family-owned Northamptonshire manufacturer. Scot Bennett Engineering, which supplies milled and turned parts to the automotive, agricultural, lighting and industrial sectors, has purchased its second Nak…

ETG celebrates 25th birthday with showcase of the latest manufacturing technology

The UK’s leading machine tool supplier celebrated its 25th birthday in style last week when it showcased its latest manufacturing technologies. Engineering Technology Group (ETG), which recently acquired HK Technologies, threw open the doors of its Wellesbourne Headquarters to give over 450 industry…

The History of the CNC Lathe

Computer Numerical Control (CNC) lathes now form an integral part of a huge variety of manufacturing processes, able to produce repeatable, precision components with ease. The lathe itself though, prior to its computerised attachment, has a long history. The first evidence of the use of lathes dates…

bavius technologie to attend EMO

Maintaining their attendance streak, bavius technologie, one of ETG’s trusted partners, will be attending EMO 2019. One of the world’s leading manufacturers of 5-axis CNC machining centres, bavius technologie will be displaying their HBZ CompactCell 600/100 as well as their ‘bmh’ milling head. Makin…

HK Technologies appoints Gareth Jones as new Managing Director

HK Technologies has named a new Managing Director to help it capitalise on its recent acquisition by the Engineering Technology Group (ETG). Gareth Jones, who spent eleven years with In-Comm Training, has been recruited to help the additive manufacturing, EDM and laser marking specialist increase sa…
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ETG Frequently Asked Questions

  • When was ETG founded?

    ETG was founded in 1996.

  • How many employees does ETG have?

    ETG has 24 employees.

  • What is ETG revenue?

    Latest ETG annual revenue is £2.6 m.

  • What is ETG revenue per employee?

    Latest ETG revenue per employee is £107.9 k.

  • Who are ETG competitors?

    Competitors of ETG include Denver Wire Rope & Supply, Hannay Reels Company and Permadur Industries.

  • Where is ETG headquarters?

    ETG headquarters is located at Wellesbourne Distribution Park, Unit 16 Loxley Road, Wellesbourne.

  • Where are ETG offices?

    ETG has offices in Wellesbourne and Newbridge.

  • How many offices does ETG have?

    ETG has 2 offices.