salter bros,limited Company Information
Company Number
00139553
Website
www.salterssteamers.co.ukRegistered Address
folly bridge, oxford, OX1 4LA
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01865243421
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
john stephen edward salter 56.5%
yvonne simon 11.8%
View Allsalter bros,limited Estimated Valuation
Pomanda estimates the enterprise value of SALTER BROS,LIMITED at £857.2k based on a Turnover of £338.1k and 2.54x industry multiple (adjusted for size and gross margin).
salter bros,limited Estimated Valuation
Pomanda estimates the enterprise value of SALTER BROS,LIMITED at £1.4m based on an EBITDA of £236.8k and a 5.73x industry multiple (adjusted for size and gross margin).
salter bros,limited Estimated Valuation
Pomanda estimates the enterprise value of SALTER BROS,LIMITED at £13.5m based on Net Assets of £8.8m and 1.53x industry multiple (adjusted for liquidity).
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Salter Bros,limited Overview
Salter Bros,limited is a live company located in oxford, OX1 4LA with a Companies House number of 00139553. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1915, it's largest shareholder is john stephen edward salter with a 56.5% stake. Salter Bros,limited is a mature, micro sized company, Pomanda has estimated its turnover at £338.1k with declining growth in recent years.
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Salter Bros,limited Health Check
Pomanda's financial health check has awarded Salter Bros,Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £338.1k, make it smaller than the average company (£870.4k)
- Salter Bros,limited
£870.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (1.2%)
- Salter Bros,limited
1.2% - Industry AVG
Production
with a gross margin of 70%, this company has a comparable cost of product (70%)
- Salter Bros,limited
70% - Industry AVG
Profitability
an operating margin of 66.8% make it more profitable than the average company (34.9%)
- Salter Bros,limited
34.9% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Salter Bros,limited
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Salter Bros,limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £84.5k, this is less efficient (£190.4k)
- Salter Bros,limited
£190.4k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (34 days)
- Salter Bros,limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (33 days)
- Salter Bros,limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Salter Bros,limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 237 weeks, this is more cash available to meet short term requirements (13 weeks)
237 weeks - Salter Bros,limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (69.8%)
24.3% - Salter Bros,limited
69.8% - Industry AVG
salter bros,limited Credit Report and Business Information
Salter Bros,limited Competitor Analysis
Perform a competitor analysis for salter bros,limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
salter bros,limited Ownership
SALTER BROS,LIMITED group structure
Salter Bros,Limited has 4 subsidiary companies.
Ultimate parent company
SALTER BROS,LIMITED
00139553
4 subsidiaries
salter bros,limited directors
Salter Bros,Limited currently has 2 directors. The longest serving directors include Mr John Salter (Nov 1991) and Mr Paul Salter (Sep 2008).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Salter | 70 years | Nov 1991 | - | Director | |
Mr Paul Salter | England | 35 years | Sep 2008 | - | Director |
SALTER BROS,LIMITED financials
Salter Bros,Limited's latest turnover from December 2022 is estimated at £338.1 thousand and the company has net assets of £8.8 million. According to their latest financial statements, Salter Bros,Limited has 4 employees and maintains cash reserves of £742.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | 420,925 | 440,394 | ||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | 99,420 | 98,684 | ||||||||||||
Interest Receivable | 0 | 0 | ||||||||||||
Pre-Tax Profit | 17,207 | 6,254 | ||||||||||||
Tax | -4,667 | -1,265 | ||||||||||||
Profit After Tax | 12,540 | 4,989 | ||||||||||||
Dividends Paid | 0 | 14,494 | ||||||||||||
Retained Profit | 12,540 | -9,505 | ||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 10,120,047 | 10,126,008 | 10,138,503 | 10,114,897 | 33,801 | 40,427 | 48,034 | 57,135 | 68,894 | 71,773 | 74,596 | 51,686 | 56,647 | 30,263 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 2,981 | 2,981 | 2,981 | 2,981 | 10,046,816 | 10,016,156 | 9,944,678 | 9,678,067 | 9,669,547 | 9,661,169 | 9,661,169 | 9,071,280 | 9,071,280 | 9,071,280 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 10,123,028 | 10,128,989 | 10,141,484 | 10,117,878 | 10,080,617 | 10,056,583 | 9,992,712 | 9,735,202 | 9,738,441 | 9,732,942 | 9,735,765 | 9,122,966 | 9,127,927 | 9,101,543 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 22,234 | 12,921 | 609,893 | 653,902 | 10,494 | 26,566 | 4,885 | 6,500 | 708,078 | 741,022 | 798,390 | 816,694 | 892,953 | 959,203 |
Group Debtors | 747,372 | 709,634 | 0 | 0 | 603,282 | 651,107 | 652,240 | 668,081 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,472 | 5,597 | 80 | 0 | 54,526 | 42,546 | 15,813 | 12,474 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 742,204 | 819,378 | 648,763 | 580,475 | 609,581 | 622,263 | 597,276 | 588,440 | 585,296 | 537,081 | 493,043 | 389,560 | 342,033 | 300,565 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 | 3,000 |
total current assets | 1,513,282 | 1,547,530 | 1,258,736 | 1,234,377 | 1,277,883 | 1,342,482 | 1,270,214 | 1,275,495 | 1,293,374 | 1,278,103 | 1,291,433 | 1,206,254 | 1,237,986 | 1,262,768 |
total assets | 11,636,310 | 11,676,519 | 11,400,220 | 11,352,255 | 11,358,500 | 11,399,065 | 11,262,926 | 11,010,697 | 11,031,815 | 11,011,045 | 11,027,198 | 10,329,220 | 10,365,913 | 10,364,311 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,970 | 282,038 | 3,971 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 11,091 | 679 | 61,320 | 9,095 | 4,051 | 10,127 | 4,413 | 4,135 | 64,590 | 47,834 | 71,998 | 105,099 | 109,336 | 103,341 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 20,045 | 27,941 | 0 | 0 | 0 | 0 | 2,883 | 13,934 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 131,306 | 163,061 | 0 | 0 | 29,267 | 42,736 | 43,061 | 43,696 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 162,442 | 191,681 | 61,320 | 9,095 | 33,318 | 55,833 | 332,395 | 65,736 | 64,590 | 47,834 | 71,998 | 105,099 | 109,336 | 103,341 |
loans | 2,670,765 | 2,680,764 | 0 | 0 | 2,537,458 | 2,547,281 | 2,133,167 | 2,150,897 | 2,165,765 | 2,165,765 | 2,165,765 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 17,375 | 17,375 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 2,530,764 | 2,547,564 | 0 | 0 | 0 | 0 | 6,357 | 16,014 | 22,861 | 2,094,462 | 2,148,052 | 2,190,051 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 2,670,765 | 2,680,764 | 2,548,139 | 2,564,939 | 2,537,458 | 2,547,281 | 2,133,167 | 2,150,897 | 2,172,122 | 2,181,779 | 2,188,626 | 2,094,462 | 2,148,052 | 2,190,051 |
total liabilities | 2,833,207 | 2,872,445 | 2,609,459 | 2,574,034 | 2,570,776 | 2,603,114 | 2,465,562 | 2,216,633 | 2,236,712 | 2,229,613 | 2,260,624 | 2,199,561 | 2,257,388 | 2,293,392 |
net assets | 8,803,103 | 8,804,074 | 8,790,761 | 8,778,221 | 8,787,724 | 8,795,951 | 8,797,364 | 8,794,064 | 8,795,103 | 8,781,432 | 8,766,574 | 8,129,659 | 8,108,525 | 8,070,919 |
total shareholders funds | 8,803,103 | 8,804,074 | 8,790,761 | 8,778,221 | 8,787,724 | 8,795,951 | 8,797,364 | 8,794,064 | 8,795,103 | 8,781,432 | 8,766,574 | 8,129,659 | 8,108,525 | 8,070,919 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 10,894 | 12,495 | 7,354 | 5,790 | 6,625 | 8,008 | 9,671 | 11,759 | 11,801 | 15,800 | 19,568 | 11,620 | 12,855 | 6,721 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -4,667 | -1,265 | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 42,926 | 118,179 | -43,929 | -14,400 | -51,917 | 47,281 | -14,117 | -21,023 | -32,944 | -57,368 | -18,304 | -76,259 | -66,250 | 959,203 |
Creditors | 10,412 | -60,641 | 52,225 | 5,044 | -6,076 | 5,714 | 278 | -60,455 | 16,756 | -24,164 | -33,101 | -4,237 | 5,995 | 103,341 |
Accruals and Deferred Income | -31,755 | 145,686 | 0 | -11,892 | -13,469 | -325 | -635 | 43,696 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | -10,043,835 | 30,660 | 71,478 | 266,611 | 8,520 | 8,378 | 0 | 589,889 | 0 | 0 | 9,071,280 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -9,999 | 2,680,764 | 0 | -2,537,458 | -9,823 | 414,114 | -17,730 | -14,868 | 0 | 0 | 2,165,765 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -7,896 | 27,941 | 0 | 0 | 0 | -2,883 | -11,051 | 13,934 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -2,530,764 | -16,800 | 2,547,564 | 0 | 0 | 0 | -6,357 | -9,657 | -6,847 | -2,071,601 | -53,590 | -41,999 | 2,190,051 |
share issue | ||||||||||||||
interest | -99,420 | -98,684 | ||||||||||||
cash flow from financing | -116,220 | -88,576 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -77,174 | 170,615 | 68,288 | -29,106 | -12,682 | 24,987 | 8,836 | 3,144 | 48,215 | 44,038 | 103,483 | 47,527 | 41,468 | 300,565 |
overdraft | 0 | 0 | 0 | 0 | -2,970 | -279,068 | 278,067 | 3,971 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -77,174 | 170,615 | 68,288 | -29,106 | -9,712 | 304,055 | -269,231 | -827 | 48,215 | 44,038 | 103,483 | 47,527 | 41,468 | 300,565 |
P&L
December 2022turnover
338.1k
+42%
operating profit
225.9k
0%
gross margin
70.1%
+2.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.8m
0%
total assets
11.6m
0%
cash
742.2k
-0.09%
net assets
Total assets minus all liabilities
salter bros,limited company details
company number
00139553
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 1915
age
109
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
folly bridge, oxford, OX1 4LA
last accounts submitted
December 2022
salter bros,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 29 charges/mortgages relating to salter bros,limited. Currently there are 11 open charges and 18 have been satisfied in the past.
salter bros,limited Companies House Filings - See Documents
date | description | view/download |
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