i. s. & g. steel stockholders limited

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i. s. & g. steel stockholders limited Company Information

Share I. S. & G. STEEL STOCKHOLDERS LIMITED

Company Number

00251016

Directors

Alan Leigh

Anthony Burrows

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Shareholders

i s & g (holdings) limited

alan ronald leigh

Group Structure

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Industry

Non-specialised wholesale trade

 

Registered Address

claydon business park, gipping road great blakenham, ipswich, suffolk, IP6 0NL

i. s. & g. steel stockholders limited Estimated Valuation

£5.5m

Pomanda estimates the enterprise value of I. S. & G. STEEL STOCKHOLDERS LIMITED at £5.5m based on a Turnover of £15.1m and 0.36x industry multiple (adjusted for size and gross margin).

i. s. & g. steel stockholders limited Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of I. S. & G. STEEL STOCKHOLDERS LIMITED at £3.1m based on an EBITDA of £680.8k and a 4.49x industry multiple (adjusted for size and gross margin).

i. s. & g. steel stockholders limited Estimated Valuation

£16.2m

Pomanda estimates the enterprise value of I. S. & G. STEEL STOCKHOLDERS LIMITED at £16.2m based on Net Assets of £6.2m and 2.62x industry multiple (adjusted for liquidity).

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I. S. & G. Steel Stockholders Limited Overview

I. S. & G. Steel Stockholders Limited is a live company located in ipswich, IP6 0NL with a Companies House number of 00251016. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in September 1930, it's largest shareholder is i s & g (holdings) limited with a 100% stake. I. S. & G. Steel Stockholders Limited is a mature, mid sized company, Pomanda has estimated its turnover at £15.1m with low growth in recent years.

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I. S. & G. Steel Stockholders Limited Health Check

Pomanda's financial health check has awarded I. S. & G. Steel Stockholders Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £15.1m, make it in line with the average company (£15.4m)

£15.1m - I. S. & G. Steel Stockholders Limited

£15.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.9%)

2% - I. S. & G. Steel Stockholders Limited

7.9% - Industry AVG

production

Production

with a gross margin of 19.1%, this company has a higher cost of product (27.4%)

19.1% - I. S. & G. Steel Stockholders Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it less profitable than the average company (5%)

3.2% - I. S. & G. Steel Stockholders Limited

5% - Industry AVG

employees

Employees

with 59 employees, this is above the industry average (37)

59 - I. S. & G. Steel Stockholders Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.9k, the company has an equivalent pay structure (£44.2k)

£36.9k - I. S. & G. Steel Stockholders Limited

£44.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £255.3k, this is less efficient (£371.8k)

£255.3k - I. S. & G. Steel Stockholders Limited

£371.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is near the average (50 days)

48 days - I. S. & G. Steel Stockholders Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 73 days, this is slower than average (32 days)

73 days - I. S. & G. Steel Stockholders Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 59 days, this is in line with average (72 days)

59 days - I. S. & G. Steel Stockholders Limited

72 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)

0 weeks - I. S. & G. Steel Stockholders Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.7%, this is a lower level of debt than the average (45.5%)

40.7% - I. S. & G. Steel Stockholders Limited

45.5% - Industry AVG

I. S. & G. STEEL STOCKHOLDERS LIMITED financials

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I. S. & G. Steel Stockholders Limited's latest turnover from March 2024 is £15.1 million and the company has net assets of £6.2 million. According to their latest financial statements, I. S. & G. Steel Stockholders Limited has 59 employees and maintains cash reserves of £36.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover15,062,10621,306,16021,380,83114,210,57214,775,95814,639,94714,842,70415,164,24014,420,35214,460,53913,523,09011,884,65611,644,0589,486,7137,627,872
Other Income Or Grants
Cost Of Sales12,188,51016,398,98315,615,84710,638,97711,870,11812,205,95712,188,40411,615,10011,245,75611,833,94811,348,47110,241,0789,949,5008,034,6706,727,606
Gross Profit2,873,5964,907,1775,764,9843,571,5952,905,8402,433,9902,654,3003,549,1403,174,5962,626,5912,174,6191,643,5781,694,5581,452,043900,266
Admin Expenses2,393,4352,434,7052,118,2942,001,5581,923,2811,822,6761,743,5541,745,2311,719,1821,367,7361,612,2511,546,6131,501,2351,153,9491,136,578
Operating Profit480,1612,472,4723,646,6901,570,037982,559611,314910,7461,803,9091,455,4141,258,855562,36896,965193,323298,094-236,312
Interest Payable12,81316,20411,5075,8182,4342,110
Interest Receivable72235
Pre-Tax Profit467,3482,456,2683,635,1831,564,219982,559608,880910,7461,803,9091,453,3041,258,855562,37596,965193,325298,329-236,312
Tax-121,515-457,850-716,635-296,293-190,992-116,194-171,909-358,680-280,643-258,344-136,157-23,056-43,859-77,81653,674
Profit After Tax345,8331,998,4182,918,5481,267,926791,567492,686738,8371,445,2291,172,6611,000,511426,21873,909149,466220,513-182,638
Dividends Paid1,058,6001,092,100502,5002,000,2851,100,810880,3811,057,930477,710
Retained Profit-712,767906,3182,416,048-732,359791,567492,686-361,973564,848114,731522,801426,21873,909149,466220,513-182,638
Employee Costs2,174,8912,376,6682,227,3132,204,9412,134,0002,089,9902,122,1612,154,2722,013,1261,914,3761,779,0071,647,2421,559,2411,447,3771,416,618
Number Of Employees596568707375777976737268696564
EBITDA*680,7892,671,5653,820,1241,682,2191,115,460728,0991,012,3661,891,3951,526,5991,342,554694,488236,505326,037421,686-104,511

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets445,577588,811587,079622,610263,696230,812275,097231,052245,538134,483159,592302,261373,666357,953302,150
Intangible Assets
Investments & Other
Debtors (Due After 1 year)100,000
Total Fixed Assets445,577588,811587,079622,610263,696230,812275,097231,052345,538134,483159,592302,261373,666357,953302,150
Stock & work in progress1,984,3983,142,3713,441,9781,947,1391,997,5421,528,6041,786,3971,634,1861,191,7821,641,2211,353,7401,543,4411,631,4661,500,8711,077,721
Trade Debtors1,996,7332,466,4563,250,9182,307,2512,091,4022,211,1262,241,2622,536,4702,087,6032,304,4232,142,4281,936,9132,092,8631,791,3351,083,261
Group Debtors5,348,7226,063,8285,188,2713,116,906
Misc Debtors593,385183,256188,937146,2293,420,1292,759,1892,160,339281,942109,92955,52993,01795,954118,907182,965367,223
Cash36,9111,6182,9106,55210,28377,84091,7743,041,0882,140,0632,007,6431,936,7191,204,8931,245,889813,7731,264,622
misc current assets
total current assets9,960,14911,857,52912,073,0147,524,0777,519,3566,576,7596,279,7727,493,6865,529,3776,008,8165,525,9044,781,2015,089,1254,288,9443,792,827
total assets10,405,72612,446,34012,660,0938,146,6877,783,0526,807,5716,554,8697,724,7385,874,9156,143,2995,685,4965,083,4625,462,7914,646,8974,094,977
Bank overdraft
Bank loan
Trade Creditors 2,441,7523,925,0464,786,2232,757,7522,533,5922,527,0622,819,7103,223,0082,288,3922,746,6712,130,7072,297,6822,685,9982,107,7711,364,129
Group/Directors Accounts603,000
other short term finances
hp & lease commitments117,630109,88792,96269,4602,71313,96715,1747,035
other current liabilities830,7261,134,9061,371,5221,370,811911,741746,156689,1851,103,637752,538700,609858,770503,510529,785461,5751,407,803
total current liabilities3,993,1085,169,8396,250,7074,198,0233,445,3333,273,2183,508,8954,326,6453,040,9303,447,2802,989,4772,803,9053,229,7502,584,5202,778,967
loans
hp & lease commitments129,387247,024286,227271,03515,83729,80412,898
Accruals and Deferred Income
other liabilities522,801522,801522,801498,362
provisions107,913141,592141,592112,11039,84128,04232,34922,49523,2359,75621,31210,586
total long term liabilities237,300388,616427,819383,14539,84128,04232,34922,49523,235522,801532,557559,950538,75212,898
total liabilities4,230,4085,558,4556,678,5264,581,1683,485,1743,301,2603,541,2444,349,1403,064,1653,447,2803,512,2783,336,4623,789,7003,123,2722,791,865
net assets6,175,3186,887,8855,981,5673,565,5194,297,8783,506,3113,013,6253,375,5982,810,7502,696,0192,173,2181,747,0001,673,0911,523,6251,303,112
total shareholders funds6,175,3186,887,8855,981,5673,565,5194,297,8783,506,3113,013,6253,375,5982,810,7502,696,0192,173,2181,747,0001,673,0911,523,6251,303,112
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit480,1612,472,4723,646,6901,570,037982,559611,314910,7461,803,9091,455,4141,258,855562,36896,965193,323298,094-236,312
Depreciation200,628199,093173,434112,182132,901116,785101,62087,48671,18583,699132,120139,540132,714123,592131,801
Amortisation
Tax-121,515-457,850-716,635-296,293-190,992-116,194-171,909-358,680-280,643-258,344-136,157-23,056-43,859-77,81653,674
Stock-1,157,973-299,6071,494,839-50,403468,938-257,793152,211442,404-449,439287,481-189,701-88,025130,595423,1501,077,721
Debtors-774,70085,4143,057,74058,855541,216568,7141,583,189520,880-62,420124,507202,578-178,903237,470523,8161,450,484
Creditors-1,483,294-861,1772,028,471224,1606,530-292,648-403,298934,616-458,279615,964-166,975-388,316578,227743,6421,364,129
Accruals and Deferred Income-304,180-236,616711459,070165,58556,971-414,452351,09951,929-158,161355,260-26,27568,210-946,2281,407,803
Deferred Taxes & Provisions-33,67929,48272,26911,799-4,3079,854-74023,235-9,756-11,55610,72610,586
Cash flow from operations670,7941,330,115609,5742,132,97398,22861,000-1,702,8391,854,4061,374,7001,130,025723,98354,230571,276-795,096192,890
Investing Activities
capital expenditure-57,394-200,825-137,903-471,096-165,785-72,500-145,665-73,000-182,240-58,59010,549-68,135-148,427-179,395-433,951
Change in Investments
cash flow from investments-57,394-200,825-137,903-471,096-165,785-72,500-145,665-73,000-182,240-58,59010,549-68,135-148,427-179,395-433,951
Financing Activities
Bank loans
Group/Directors Accounts603,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-109,894-22,27838,694340,495-2,713-27,091-15,17425,04519,933
other long term liabilities-522,80124,439498,362
share issue2001,485,750
interest-12,813-16,204-11,507-5,818-2,434-2,11072235
cash flow from financing480,493-38,48227,187334,677-2,434-2,110-522,801-2,706-27,0919,267523,6421,505,683
cash and cash equivalents
cash35,293-1,292-3,642-3,731-67,557-13,934-2,949,314901,025132,42070,924731,826-40,996432,116-450,8491,264,622
overdraft
change in cash35,293-1,292-3,642-3,731-67,557-13,934-2,949,314901,025132,42070,924731,826-40,996432,116-450,8491,264,622

i. s. & g. steel stockholders limited Credit Report and Business Information

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I. S. & G. Steel Stockholders Limited Competitor Analysis

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Perform a competitor analysis for i. s. & g. steel stockholders limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in IP6 area or any other competitors across 12 key performance metrics.

i. s. & g. steel stockholders limited Ownership

I. S. & G. STEEL STOCKHOLDERS LIMITED group structure

I. S. & G. Steel Stockholders Limited has no subsidiary companies.

Ultimate parent company

1 parent

I. S. & G. STEEL STOCKHOLDERS LIMITED

00251016

I. S. & G. STEEL STOCKHOLDERS LIMITED Shareholders

i s & g (holdings) limited 99.97%
alan ronald leigh 0.03%

i. s. & g. steel stockholders limited directors

I. S. & G. Steel Stockholders Limited currently has 5 directors. The longest serving directors include Mr Alan Leigh (Sep 2012) and Mr Anthony Burrows (Mar 2013).

officercountryagestartendrole
Mr Alan LeighUnited Kingdom54 years Sep 2012- Director
Mr Anthony Burrows86 years Mar 2013- Director
Mrs Angela Burrows77 years Mar 2013- Director
Mr Edward BurrowsUnited Kingdom49 years Jul 2018- Director
Mr Peter MarquezUnited Kingdom52 years Mar 2020- Director

P&L

March 2024

turnover

15.1m

-29%

operating profit

480.2k

-81%

gross margin

19.1%

-17.17%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

6.2m

-0.1%

total assets

10.4m

-0.16%

cash

36.9k

+21.81%

net assets

Total assets minus all liabilities

i. s. & g. steel stockholders limited company details

company number

00251016

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

September 1930

age

95

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

i.s.& g.merchants limited (December 1976)

accountant

-

auditor

LARKING GOWEN LLP

address

claydon business park, gipping road great blakenham, ipswich, suffolk, IP6 0NL

Bank

HSBC BANK PLC

Legal Advisor

-

i. s. & g. steel stockholders 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 5 charges/mortgages relating to i. s. & g. steel stockholders limited. Currently there are 0 open charges and 5 have been satisfied in the past.

i. s. & g. steel stockholders 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.

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i. s. & g. steel stockholders limited Companies House Filings - See Documents

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