Pomanda estimates the enterprise value of TANNERS (SHREWSBURY) LIMITED at £16.1m based on a Turnover of £24.9m and 0.65x industry multiple (adjusted for size and gross margin).
tanners (shrewsbury) limitedEstimated Valuation
£6m
Pomanda estimates the enterprise value of TANNERS (SHREWSBURY) LIMITED at £6m based on an EBITDA of £1m and a 5.72x industry multiple (adjusted for size and gross margin).
tanners (shrewsbury) limitedEstimated Valuation
£13.7m
Pomanda estimates the enterprise value of TANNERS (SHREWSBURY) LIMITED at £13.7m based on Net Assets of £7.4m and 1.85x industry multiple (adjusted for liquidity).
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Tanners (shrewsbury) LimitedOverview
Tanners (shrewsbury) Limited is a live company located in shrewsbury, SY1 1XD with a Companies House number of 00111232. It operates in the wholesale of wine, beer, spirits and other alcoholic beverages sector, SIC Code 46342. Founded in August 1910, it's largest shareholder is
tanners wines (holdings) limited
with a 100% stake. Tanners (shrewsbury) Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£24.9m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Tanners (Shrewsbury) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
5 Regular
3 Weak
Size
annual sales of £24.9m, make it larger than the average company (£16.4m)
£24.9m - Tanners (shrewsbury) Limited
£16.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (12.1%)
10% - Tanners (shrewsbury) Limited
12.1% - Industry AVG
Production
with a gross margin of 30.2%, this company has a comparable cost of product (27.7%)
30.2% - Tanners (shrewsbury) Limited
27.7% - Industry AVG
Profitability
an operating margin of 3.5% make it as profitable than the average company (3.9%)
3.5% - Tanners (shrewsbury) Limited
3.9% - Industry AVG
Employees
with 113 employees, this is above the industry average (60)
113 - Tanners (shrewsbury) Limited
60 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£38.4k)
£36.2k - Tanners (shrewsbury) Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £220.7k, this is less efficient (£307.7k)
£220.7k - Tanners (shrewsbury) Limited
£307.7k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (33 days)
33 days - Tanners (shrewsbury) Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (41 days)
74 days - Tanners (shrewsbury) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 92 days, this is more than average (44 days)
92 days - Tanners (shrewsbury) Limited
44 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - Tanners (shrewsbury) Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.5%, this is a lower level of debt than the average (63.7%)
42.5% - Tanners (shrewsbury) Limited
63.7% - Industry AVG
TANNERS (SHREWSBURY) LIMITED financials
EXPORT
Tanners (Shrewsbury) Limited's latest turnover from May 2024 is £24.9 million and the company has net assets of £7.4 million. According to their latest financial statements, Tanners (Shrewsbury) Limited has 113 employees and maintains cash reserves of £159.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
24,937,733
24,123,374
25,682,727
18,517,015
19,674,555
21,148,257
20,497,875
20,149,120
19,616,085
18,764,212
18,754,888
17,543,788
18,623,857
18,376,339
17,383,443
Other Income Or Grants
Cost Of Sales
17,407,341
16,974,232
18,229,709
12,889,106
14,060,354
15,542,628
14,788,476
14,451,123
13,958,916
13,536,914
13,842,933
12,866,539
13,799,117
13,475,183
12,703,711
Gross Profit
7,530,392
7,149,142
7,453,018
5,627,909
5,614,201
5,605,629
5,709,399
5,697,997
5,657,169
5,227,298
4,911,955
4,677,249
4,824,740
4,901,156
4,679,732
Admin Expenses
6,647,432
6,642,919
6,056,303
4,847,909
5,257,138
5,350,425
5,151,579
5,030,992
5,095,203
4,732,993
4,501,348
4,846,221
4,592,097
4,586,940
4,373,466
Operating Profit
882,960
506,223
1,396,715
780,000
357,063
255,204
557,820
667,005
561,966
494,305
410,607
-168,972
232,643
314,216
306,266
Interest Payable
54,322
6,936
3,614
2,991
11,305
8,508
8,126
7,840
9,321
18,602
33,086
34,503
39,091
32,014
38,245
Interest Receivable
34,112
15,438
10,329
3,903
3,038
3,022
1,981
2,823
980
59
Pre-Tax Profit
888,657
482,836
1,422,216
725,509
371,549
285,071
509,009
717,805
547,131
474,393
374,221
-200,652
194,532
282,202
268,155
Tax
-254,549
-96,330
-272,158
-152,916
-74,395
-68,525
-101,688
-147,169
-111,773
-99,387
-83,951
94
-48,806
-105,286
-62,024
Profit After Tax
634,108
386,506
1,150,058
572,593
297,154
216,546
407,321
570,636
435,358
375,006
290,270
-200,558
145,726
176,916
206,131
Dividends Paid
800,461
105,963
114,241
92,691
91,805
213,666
211,911
179,405
204,341
138,056
49,004
116,338
100,137
100,137
Retained Profit
-166,353
280,543
1,035,817
479,902
205,349
2,880
195,410
391,231
231,017
236,950
241,266
-316,896
45,589
76,779
206,131
Employee Costs
4,095,413
3,848,714
3,589,565
3,255,410
3,268,059
3,182,854
3,038,113
2,920,306
2,915,763
2,770,674
2,662,016
2,637,749
2,652,500
2,671,628
2,446,543
Number Of Employees
113
110
106
97
108
111
109
108
108
103
101
97
101
99
98
EBITDA*
1,042,684
653,594
1,542,585
974,504
580,828
468,191
773,482
876,591
756,319
655,244
566,881
216,262
454,362
562,497
584,238
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
3,243,285
3,281,041
3,316,741
3,403,575
3,442,038
3,550,310
3,665,593
3,671,359
3,753,536
3,427,533
3,350,467
2,532,401
2,118,333
2,103,500
2,161,224
Intangible Assets
274,666
11,582
5,742
10,589
56,959
53,593
43,169
48,143
42,998
63,107
103,475
199,374
256,337
313,300
Investments & Other
22,000
22,000
32,510
32,510
32,510
32,510
32,510
32,510
25,750
25,750
22,100
22,100
22,100
22,100
22,100
Debtors (Due After 1 year)
Total Fixed Assets
3,539,951
3,314,623
3,354,993
3,446,674
3,531,507
3,636,413
3,741,272
3,752,012
3,822,284
3,516,390
3,476,042
2,554,501
2,339,807
2,381,937
2,496,624
Stock & work in progress
4,434,027
4,472,438
4,662,785
3,382,005
3,200,076
3,522,780
3,082,000
2,807,182
2,686,511
2,411,795
2,816,445
3,149,504
3,553,763
2,788,256
2,777,189
Trade Debtors
2,296,844
2,020,298
2,117,046
1,268,333
591,485
2,002,779
2,044,369
2,060,273
1,915,074
1,918,778
1,970,013
2,033,110
2,069,480
1,927,892
1,906,566
Group Debtors
437,500
437,500
Misc Debtors
1,981,577
1,972,417
2,571,054
1,460,146
1,113,399
835,086
1,165,253
1,027,430
757,355
451,089
773,943
803,556
256,851
183,190
212,559
Cash
159,119
317,891
1,178,391
2,460,957
1,674,381
312,625
710,673
677,381
396,216
353,165
1,663
2,270
2,405
2,369
2,476
misc current assets
total current assets
9,309,067
9,220,544
10,529,276
8,571,441
6,579,341
6,673,270
7,002,295
6,572,266
5,755,156
5,134,827
5,562,064
5,988,440
5,882,499
4,901,707
4,898,790
total assets
12,849,018
12,535,167
13,884,269
12,018,115
10,110,848
10,309,683
10,743,567
10,324,278
9,577,440
8,651,217
9,038,106
8,542,941
8,222,306
7,283,644
7,395,414
Bank overdraft
230,244
920,603
516,236
698,582
1,085,167
Bank loan
58,333
Trade Creditors
3,538,758
3,385,829
4,231,360
3,062,463
2,138,794
2,962,929
3,447,835
3,196,871
2,867,132
2,384,064
2,922,073
3,142,397
3,231,567
2,255,457
2,332,890
Group/Directors Accounts
48,892
other short term finances
hp & lease commitments
14,769
37,008
51,279
45,815
68,658
70,736
80,718
64,753
39,858
44,417
26,598
33,424
30,348
19,124
other current liabilities
1,663,110
1,414,428
2,165,654
1,727,478
1,957,354
1,493,952
1,402,587
1,442,389
1,400,361
1,274,068
1,125,803
874,885
1,011,993
905,876
634,290
total current liabilities
5,201,868
4,815,026
6,434,022
4,899,553
4,141,963
4,525,539
4,921,158
4,719,978
4,332,246
3,697,990
4,322,537
4,964,483
4,793,220
3,890,263
4,120,363
loans
641,667
hp & lease commitments
21,970
60,422
27,839
35,998
65,891
50,989
80,007
50,626
55,607
4,934
31,516
35,822
7,606
Accruals and Deferred Income
other liabilities
provisions
257,398
164,036
152,715
176,728
149,415
151,266
162,518
167,650
179,361
161,194
157,505
10,505
21,257
26,835
13,500
total long term liabilities
257,398
164,036
174,685
878,817
177,254
187,264
228,409
218,639
259,368
211,820
213,112
15,439
52,773
62,657
21,106
total liabilities
5,459,266
4,979,062
6,608,707
5,778,370
4,319,217
4,712,803
5,149,567
4,938,617
4,591,614
3,909,810
4,535,649
4,979,922
4,845,993
3,952,920
4,141,469
net assets
7,389,752
7,556,105
7,275,562
6,239,745
5,791,631
5,596,880
5,594,000
5,385,661
4,985,826
4,741,407
4,502,457
3,563,019
3,376,313
3,330,724
3,253,945
total shareholders funds
7,389,752
7,556,105
7,275,562
6,239,745
5,791,631
5,596,880
5,594,000
5,385,661
4,985,826
4,741,407
4,502,457
3,563,019
3,376,313
3,330,724
3,253,945
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
882,960
506,223
1,396,715
780,000
357,063
255,204
557,820
667,005
561,966
494,305
410,607
-168,972
232,643
314,216
306,266
Depreciation
151,098
147,371
141,023
148,134
180,236
193,236
198,944
185,416
154,132
115,963
156,274
185,860
164,756
191,318
221,009
Amortisation
8,626
4,847
46,370
43,529
19,751
16,718
24,170
40,221
44,976
199,374
56,963
56,963
56,963
Tax
-254,549
-96,330
-272,158
-152,916
-74,395
-68,525
-101,688
-147,169
-111,773
-99,387
-83,951
94
-48,806
-105,286
-62,024
Stock
-38,411
-190,347
1,280,780
181,929
-322,704
440,780
274,818
120,671
274,716
-404,650
-333,059
-404,259
765,507
11,067
2,777,189
Debtors
285,706
-257,885
1,959,621
1,023,595
-1,132,981
-371,757
121,919
415,274
302,562
-374,089
-92,710
510,335
215,249
-8,043
2,119,125
Creditors
152,929
-845,531
1,168,897
923,669
-824,135
-484,906
250,964
329,739
483,068
-538,009
-220,324
-89,170
976,110
-77,433
2,332,890
Accruals and Deferred Income
248,682
-751,226
438,176
-229,876
463,402
91,365
-39,802
42,028
126,293
148,265
250,918
-137,108
106,117
271,586
634,290
Deferred Taxes & Provisions
93,362
11,321
-24,013
27,313
-1,851
-11,252
-5,132
-11,711
18,167
3,689
147,000
-10,752
-5,578
13,335
13,500
Cash flow from operations
1,035,813
-579,940
-386,914
337,170
1,599,534
-74,150
481,087
553,533
694,796
948,541
1,086,293
-126,750
501,449
661,675
-1,393,420
Investing Activities
capital expenditure
-181,115
-85,456
-315,942
-138,345
-33,086
-106,695
-141,142
-71,091
-73,577
Change in Investments
-10,510
6,760
3,650
22,100
cash flow from investments
10,510
-181,115
-92,216
-315,942
-141,995
-33,086
-106,695
-141,142
-71,091
-95,677
Financing Activities
Bank loans
-58,333
58,333
Group/Directors Accounts
-48,892
48,892
Other Short Term Loans
Long term loans
-641,667
641,667
Hire Purchase and Lease Commitments
-14,769
-44,209
-52,723
38,047
-31,002
-31,971
4,920
-13,053
54,276
-9,540
68,492
-33,408
-1,230
39,440
26,730
other long term liabilities
share issue
-31,788
-10,598
12,929
8,604
13,402
2,000
698,172
503,602
3,047,814
interest
-20,210
8,502
6,715
912
-8,267
-5,486
-6,145
-7,840
-9,321
-18,602
-33,086
-31,680
-38,111
-32,014
-38,186
cash flow from financing
-34,979
-35,707
-746,008
707,171
-49,867
-37,457
11,704
-12,289
58,357
-26,142
733,578
438,514
-39,341
-41,466
3,085,250
cash and cash equivalents
cash
-158,772
-860,500
-1,282,566
786,576
1,361,756
-398,048
33,292
281,165
43,051
351,502
-607
-135
36
-107
2,476
overdraft
-230,244
-690,359
404,367
-182,346
-386,585
1,085,167
change in cash
-158,772
-860,500
-1,282,566
786,576
1,361,756
-398,048
33,292
281,165
43,051
581,746
689,752
-404,502
182,382
386,478
-1,082,691
tanners (shrewsbury) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tanners (shrewsbury) limited. Get real-time insights into tanners (shrewsbury) limited's credit score, group structure and payment trends.
Perform a competitor analysis for tanners (shrewsbury) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in SY1 area or any other competitors across 12 key performance metrics.
tanners (shrewsbury) limited Ownership
TANNERS (SHREWSBURY) LIMITED group structure
Tanners (Shrewsbury) Limited has 4 subsidiary companies.
The sole shareholder of Tanners (Shrewsbury) Limited is Tanners Wines (Holdings) Limited.
tanners wines (holdings) limited
100%
tanners (shrewsbury) limited directors
Tanners (Shrewsbury) Limited currently has 3 directors.
The longest serving directors include
Mr James Tanner (Sep 1993) and
Mr Robert Morgan (Nov 2013).
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 5 charges/mortgages relating to tanners (shrewsbury) limited. Currently there are 5 open charges and 0 have been satisfied in the past.
tanners (shrewsbury) limited 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 TANNERS (SHREWSBURY) LIMITED. This can take several minutes, an email will notify you when this has completed.
tanners (shrewsbury) limitedCompanies House Filings - See Documents
