silostop agri limited

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silostop agri limited Company Information

Share SILOSTOP AGRI LIMITED

Company Number

00345931

Shareholders

milbank ventures limited

Group Structure

View All

Industry

Non-specialised wholesale trade

 

Registered Address

earls colne business park, earls colne, colchester, essex, CO6 2NS

silostop agri limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of SILOSTOP AGRI LIMITED at £2.1m based on a Turnover of £5.8m and 0.36x industry multiple (adjusted for size and gross margin).

silostop agri limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of SILOSTOP AGRI LIMITED at £1.2m based on an EBITDA of £273.8k and a 4.41x industry multiple (adjusted for size and gross margin).

silostop agri limited Estimated Valuation

£7.9m

Pomanda estimates the enterprise value of SILOSTOP AGRI LIMITED at £7.9m based on Net Assets of £3m and 2.62x industry multiple (adjusted for liquidity).

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Silostop Agri Limited Overview

Silostop Agri Limited is a live company located in colchester, CO6 2NS with a Companies House number of 00345931. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in November 1938, it's largest shareholder is milbank ventures limited with a 100% stake. Silostop Agri Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.8m with high growth in recent years.

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Silostop Agri Limited Health Check

Pomanda's financial health check has awarded Silostop Agri Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £5.8m, make it smaller than the average company (£16.1m)

£5.8m - Silostop Agri Limited

£16.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.3%)

19% - Silostop Agri Limited

6.3% - Industry AVG

production

Production

with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)

27.6% - Silostop Agri Limited

27.6% - Industry AVG

profitability

Profitability

an operating margin of 4.3% make it as profitable than the average company (5.1%)

4.3% - Silostop Agri Limited

5.1% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (41)

16 - Silostop Agri Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Silostop Agri Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £361.6k, this is equally as efficient (£376.5k)

£361.6k - Silostop Agri Limited

£376.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is near the average (51 days)

43 days - Silostop Agri Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 68 days, this is slower than average (31 days)

68 days - Silostop Agri Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 165 days, this is more than average (78 days)

165 days - Silostop Agri Limited

78 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)

1 weeks - Silostop Agri Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.3%, this is a lower level of debt than the average (47.3%)

37.3% - Silostop Agri Limited

47.3% - Industry AVG

SILOSTOP AGRI LIMITED financials

EXPORTms excel logo

Silostop Agri Limited's latest turnover from December 2023 is estimated at £5.8 million and the company has net assets of £3 million. According to their latest financial statements, Silostop Agri Limited has 16 employees and maintains cash reserves of £48.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover5,785,1736,051,3153,545,0453,464,7133,011,6303,518,1942,604,5674,035,2083,761,7298,744,7445,110,3251,741,0732,679,3511,664,9912,085,491
Other Income Or Grants
Cost Of Sales4,190,2654,371,1122,567,0112,524,8212,189,8862,578,5291,893,8282,897,8142,697,8296,308,7463,673,9181,248,9481,975,3941,180,7161,346,937
Gross Profit1,594,9091,680,203978,034939,891821,744939,665710,7391,137,3941,063,9012,435,9981,436,407492,126703,957484,275738,554
Admin Expenses1,344,4041,343,256697,561266,888641,199643,1731,125,7901,696,518-519,0962,567,226421,041272,261609,544364,587403,053
Operating Profit250,505336,947280,473673,003180,545296,492-415,051-559,1241,582,997-131,2281,015,366219,86594,413119,688335,501
Interest Payable20,22723,74419,78321,93936,72650,95125,4676,550
Interest Receivable5,67632,2834,1011,2624,0798865233172941,2601,9141,11313,0692237
Pre-Tax Profit256,181349,002260,830654,481162,685260,652-465,479-584,2741,583,291-129,9681,017,281220,978107,482119,710328,988
Tax-64,045-66,310-49,558-124,351-30,910-49,524-316,658-233,975-53,035-25,344-26,091-75,327
Profit After Tax192,136282,692211,272530,130131,775211,128-465,479-584,2741,266,633-129,968783,306167,94382,13893,619253,661
Dividends Paid190,000
Retained Profit192,136282,692211,272530,130131,775211,128-465,479-584,2741,266,633-129,968783,306167,94382,13893,61963,661
Employee Costs711,213378,800402,509339,643339,643258,682289,092317,894240,4251,010,746605,869232,382330,487226,064
Number Of Employees1691099789730187107
EBITDA*273,813348,802302,783694,696207,118318,242-402,276-540,9251,604,342-117,1571,021,465229,726103,276129,316341,753

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets67,49921,42814,97834,51049,21665,90423,85028,48939,05755,71822,25620,8104,35012,96517,365
Intangible Assets463,346534,631
Investments & Other1,0341,0341,0341,0341,0341,0341,0341,0341,0341,0341,03451,034141,034140,000140,000
Debtors (Due After 1 year)260,000215,000
Total Fixed Assets531,879557,09316,01235,54450,25066,93824,88429,52340,09156,75223,29071,844145,384412,965372,365
Stock & work in progress1,898,8112,898,3141,028,1171,209,167901,041917,717995,3641,286,243816,826693,975229,242172,384102,78950,05984,530
Trade Debtors683,177486,114460,325320,166212,848550,598238,717495,951256,9901,881,8091,272,410351,537134,790140,40997,473
Group Debtors1,538,7831,514,223825,174721,7981,234,9541,491,4931,676,8511,632,7063,073,14048,658
Misc Debtors97,02888,549230,70416,72619,92045,75035,670141,006106,42915,846176,91397,017
Cash48,765167,4591,677,2761,603,190921,151166,62769,618139,648113,7553,916500,099265,604179,478100,63383,938
misc current assets
total current assets4,266,5645,154,6594,221,5963,871,0473,289,9143,172,1853,016,2203,695,5544,367,1402,579,7002,001,751789,525481,561468,014362,958
total assets4,798,4435,711,7524,237,6083,906,5913,340,1643,239,1233,041,1043,725,0774,407,2312,636,4522,025,041861,369626,945880,979735,323
Bank overdraft20,131260,972
Bank loan425,840290,637314,669335,387732,662553,961
Trade Creditors 782,5201,297,394547,202644,577683,033625,392444,728804,5221,287,6811,405,764664,385284,01986,19772,7062,659
Group/Directors Accounts199,3781,041,6957,83552,66947,81246,22342,824
other short term finances
hp & lease commitments
other current liabilities794,686553,083732,693607,443551,991619,648396,015184,740569,56083,52989,065110,474
total current liabilities1,776,5842,892,1721,705,7351,542,6571,549,6931,580,4271,593,5361,812,0301,909,9101,405,764664,385284,019217,538207,994155,957
loans43,333149,130149,130
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions15,1585,015
total long term liabilities15,1585,01543,333149,130149,130
total liabilities1,791,7422,897,1871,705,7351,585,9901,549,6931,580,4271,593,5361,812,0301,909,9101,405,764664,385284,019217,538357,124305,087
net assets3,006,7012,814,5652,531,8732,320,6011,790,4711,658,6961,447,5681,913,0472,497,3211,230,6881,360,656577,350409,407523,855430,236
total shareholders funds3,006,7012,814,5652,531,8732,320,6011,790,4711,658,6961,447,5681,913,0472,497,3211,230,6881,360,656577,350409,407523,855430,236
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit250,505336,947280,473673,003180,545296,492-415,051-559,1241,582,997-131,2281,015,366219,86594,413119,688335,501
Depreciation23,30811,85522,31021,69326,57321,75012,77518,19921,34514,0716,0999,8618,8639,6286,252
Amortisation
Tax-64,045-66,310-49,558-124,351-30,910-49,524-316,658-233,975-53,035-25,344-26,091-75,327
Stock-999,5031,870,197-181,050308,126-16,676-77,647-290,879469,417122,851464,73356,85869,59552,730-34,47184,530
Debtors230,102572,683457,513-409,032-620,119136,603-318,425-1,166,8961,554,750609,399920,873152,243-378,028167,832409,490
Creditors-514,874750,192-97,375-38,45657,641180,664-359,794-483,159-118,083741,379380,366197,82213,49170,0472,659
Accruals and Deferred Income241,603-179,610125,25055,452-67,657223,633211,275-384,820569,560-83,529-5,536-21,409110,474
Deferred Taxes & Provisions10,1435,015
Cash flow from operations716,041-1,584,7914,637688,247802,987614,05958,509-711,42561,560-449,910190,12569,146411,18518,502-114,461
Investing Activities
capital expenditure1,906-552,936-2,778-6,987-9,885-63,804-8,136-7,631-4,684-47,533-7,545-26,321-248-5,228-23,617
Change in Investments-50,000-90,0001,034140,000
cash flow from investments1,906-552,936-2,778-6,987-9,885-63,804-8,136-7,631-4,684-47,53342,45563,679-1,282-5,228-163,617
Financing Activities
Bank loans-425,840135,203-24,032-20,718-397,275178,701553,961
Group/Directors Accounts-842,3171,041,695-7,835-44,83452,669-47,8121,5893,39942,824
Other Short Term Loans
Long term loans-43,33343,333-149,130149,130
Hire Purchase and Lease Commitments
other long term liabilities
share issue-196,586366,575
interest5,67612,056-19,643-18,521-17,860-35,840-50,428-25,1502941,2601,9141,11313,06922-6,513
cash flow from financing-836,641627,91172,227780-38,578-433,115120,438483,97752,9631,2601,914-46,699-331,0583,421552,016
cash and cash equivalents
cash-118,694-1,509,81774,086682,039754,52497,009-70,03025,893109,839-496,183234,49586,12678,84516,69583,938
overdraft-20,131-240,841260,972
change in cash-118,694-1,509,81774,086682,039754,524117,140170,811-235,079109,839-496,183234,49586,12678,84516,69583,938

silostop agri limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Silostop Agri Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for silostop agri 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 CO6 area or any other competitors across 12 key performance metrics.

silostop agri limited Ownership

SILOSTOP AGRI LIMITED group structure

Silostop Agri Limited has no subsidiary companies.

Ultimate parent company

1 parent

SILOSTOP AGRI LIMITED

00345931

SILOSTOP AGRI LIMITED Shareholders

milbank ventures limited 100%

silostop agri limited directors

Silostop Agri Limited currently has 3 directors. The longest serving directors include Mr Sean Milbank (Dec 2021) and Mr Matthew Sparrow (Dec 2021).

officercountryagestartendrole
Mr Sean Milbank54 years Dec 2021- Director
Mr Matthew Sparrow45 years Dec 2021- Director
Mr Matthew Sparrow45 years Dec 2021- Director

P&L

December 2023

turnover

5.8m

-4%

operating profit

250.5k

0%

gross margin

27.6%

-0.71%

turnover

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

Balance Sheet

December 2023

net assets

3m

+0.07%

total assets

4.8m

-0.16%

cash

48.8k

-0.71%

net assets

Total assets minus all liabilities

silostop agri limited company details

company number

00345931

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

November 1938

age

87

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

bruno rimini limited (December 2022)

accountant

UENSORS ACCOUNTANTS LLP

auditor

-

address

earls colne business park, earls colne, colchester, essex, CO6 2NS

Bank

HSBC BANK PLC

Legal Advisor

-

silostop agri 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 silostop agri limited. Currently there are 1 open charges and 4 have been satisfied in the past.

silostop agri limited Capital Raised & Share Issues BETA

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silostop agri limited Companies House Filings - See Documents

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