For business growth, success and survival, money is one of the important elements. It assists companies to capture top position in the competitive market. Company Financial Position also play an important role since good financial condition of a company attract investors as it has more chances to grow faster in the existing competitive market. This attractive financial condition that companies accomplish is usually due to management decisions regarding allocation of the money and mitigation of the risk. This essay will focus on Ultra Electronics Holdings financial conditions of last five years and how management identify and mitigate potential risks in local and international operations.
Discussion
Overview of the Company
Ultra Electronics is a London based international successful company established by Teddy Rosen as Edward E. Rosen & Co in 1920. Company headquartered in Greenford, London, UK and offer their services worldwide.
Ultra Electronics has been involved serving defence, security, transport and energy through offering high degree of operational autonomy. Their provide solution to their customers which are highly innovative. Due to such services, they have been able to construct wide range of international platforms and programmes. Beside this, they also able to make unique position in niche market (Ultra Electronic).
Division of Operation
Company has been serving in three operation divisions which are as followed:
Aircraft & Vehicle Systems
Information & Power Systems
Tactical & Sonar Systems
These are further divided into the following:
Aircraft Systems
Vehicle Systems
Information Systems
Power Systems
Tactical Systems
Sonar & Undersea System
Size of the company
The overall size of the company means worth of the company. Currently, Market capitalization of Ultra Electronics Holdings is 1.15B with 4,600 employees working and total assets worth of $ 822,775 (Ultra Electronic Annual Report, 2012, p. 24).
Turnover of the Company
Turnover of the Company means gross sales revenue. Ultra Electronics Holdings turnover in 2011 was $ 731,733 while it in 2012 June it reduced to $370,164.
Industry of the Company
Ultra Electronics Holdings belongs from Industrial Goods sector and industry is Aerospace/Defence Major Diversified with main competitor of The Boeing Company, Honeywell International Inc, Rolls Royce Holdings plc and BAE Systems plc. Ultra Electronics stands 9 from 63 companies on the bases of Market Capitalization (Ultra Electronic Annual Report, 2012, p. 2).
Market Share of the Company
Market share of Ultra Electronics Holdings is 4% across the world.
Key Markets of the Company
Ultra Electronics Holdings key markets are UK, North America and Middle East & Asia Pacific. They have been facilitating these countries with advanced electronic and electrical systems, Security, intelligence systems, high-quality software, systems and equipment use in passenger transport systems and system to secure low carbon energy solutions.
Sourcing Of Raw Materials
Ultra Electronics Holdings has been receiving their basic raw material from well known and famous companies that are involved in manufacturing Aerospace material. As far as softwares are concern, they have hired skilled employees that developed software for their clients.
Mapping corresponding programmes
The following is showing company abilities in offering their ...