george shipman & son,limited
george shipman & son,limited Company Information
Company Number
00403205
Next Accounts
1297 days late
Industry
Construction of commercial buildings
Directors
Shareholders
john alan shipman
judith james
View AllGroup Structure
View All
Contact
Registered Address
79 caroline street, birmingham, B3 1UP
Website
www.georgeshipman.co.ukgeorge shipman & son,limited Estimated Valuation
Pomanda estimates the enterprise value of GEORGE SHIPMAN & SON,LIMITED at £9.9k based on a Turnover of £27.5k and 0.36x industry multiple (adjusted for size and gross margin).
george shipman & son,limited Estimated Valuation
Pomanda estimates the enterprise value of GEORGE SHIPMAN & SON,LIMITED at £0 based on an EBITDA of £-3.1k and a 3.36x industry multiple (adjusted for size and gross margin).
george shipman & son,limited Estimated Valuation
Pomanda estimates the enterprise value of GEORGE SHIPMAN & SON,LIMITED at £1m based on Net Assets of £656.8k and 1.58x industry multiple (adjusted for liquidity).
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George Shipman & Son,limited Overview
George Shipman & Son,limited is a live company located in birmingham, B3 1UP with a Companies House number of 00403205. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in January 1946, it's largest shareholder is john alan shipman with a 60.9% stake. George Shipman & Son,limited is a mature, micro sized company, Pomanda has estimated its turnover at £27.5k with declining growth in recent years.
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George Shipman & Son,limited Health Check
Pomanda's financial health check has awarded George Shipman & Son,Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £27.5k, make it smaller than the average company (£9.7m)
- George Shipman & Son,limited
£9.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (5.6%)
- George Shipman & Son,limited
5.6% - Industry AVG
Production
with a gross margin of 15.2%, this company has a comparable cost of product (15.2%)
- George Shipman & Son,limited
15.2% - Industry AVG
Profitability
an operating margin of -11.4% make it less profitable than the average company (4.5%)
- George Shipman & Son,limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (46)
- George Shipman & Son,limited
46 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- George Shipman & Son,limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £27.5k, this is less efficient (£356.1k)
- George Shipman & Son,limited
£356.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- George Shipman & Son,limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- George Shipman & Son,limited
- - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is more than average (12 days)
- George Shipman & Son,limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1237 weeks, this is more cash available to meet short term requirements (18 weeks)
1237 weeks - George Shipman & Son,limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.6%, this is a lower level of debt than the average (70.8%)
3.6% - George Shipman & Son,limited
70.8% - Industry AVG
GEORGE SHIPMAN & SON,LIMITED financials
George Shipman & Son,Limited's latest turnover from May 2019 is estimated at £27.5 thousand and the company has net assets of £656.8 thousand. According to their latest financial statements, we estimate that George Shipman & Son,Limited has 1 employee and maintains cash reserves of £128.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600,000 | 600,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600,000 | 600,000 |
| Stock & work in progress | 1,136 | 1,136 | 1,136 | 5,786 | 14,786 | 15,422 | 15,422 | 16,559 | 73,363 | 76,171 |
| Trade Debtors | 0 | 0 | 0 | 0 | 4,100 | 4,100 | 4,100 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 551,903 | 469,565 | 399,053 | 359,703 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 128,182 | 214,340 | 329,955 | 50,099 | 540,413 | 303,946 | 469,033 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 681,221 | 685,041 | 730,144 | 415,588 | 559,299 | 323,468 | 488,555 | 16,559 | 73,363 | 76,171 |
| total assets | 681,221 | 685,041 | 730,144 | 415,588 | 559,299 | 323,468 | 488,555 | 16,559 | 673,363 | 676,171 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 191,978 | 468,793 | 632,571 | 922,666 | 874,695 | 870,873 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,386 | 7,360 | 50,708 | 6,766 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,386 | 7,360 | 50,708 | 6,766 | 191,978 | 468,793 | 632,571 | 922,666 | 874,695 | 870,873 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 19,010 | 19,010 | 19,010 | 19,010 | 19,010 | 19,010 | 19,010 | 19,010 | 257,419 | 297,929 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,010 | 19,010 | 19,010 | 19,010 | 19,010 | 19,010 | 19,010 | 19,010 | 257,419 | 297,929 |
| total liabilities | 24,396 | 26,370 | 69,718 | 25,776 | 210,988 | 487,803 | 651,581 | 941,676 | 1,132,114 | 1,168,802 |
| net assets | 656,825 | 658,671 | 660,426 | 389,812 | 348,311 | -164,335 | -163,026 | -925,117 | -458,751 | -492,631 |
| total shareholders funds | 656,825 | 658,671 | 660,426 | 389,812 | 348,311 | -164,335 | -163,026 | -925,117 | -458,751 | -492,631 |
| May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | -4,650 | -9,000 | -636 | 0 | -1,137 | -56,804 | -2,808 | 76,171 |
| Debtors | 82,338 | 70,512 | 39,350 | 355,603 | 0 | 0 | 4,100 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | -191,978 | -276,815 | -163,778 | -290,095 | 47,971 | 3,822 | 870,873 |
| Accruals and Deferred Income | -1,974 | -43,348 | 43,942 | 6,766 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -238,409 | -40,510 | 297,929 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -86,158 | -115,615 | 279,856 | -490,314 | 236,467 | -165,087 | 469,033 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -86,158 | -115,615 | 279,856 | -490,314 | 236,467 | -165,087 | 469,033 | 0 | 0 | 0 |
george shipman & son,limited Credit Report and Business Information
George Shipman & Son,limited Competitor Analysis
Perform a competitor analysis for george shipman & son,limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in B 3 area or any other competitors across 12 key performance metrics.
george shipman & son,limited Ownership
GEORGE SHIPMAN & SON,LIMITED group structure
George Shipman & Son,Limited has no subsidiary companies.
Ultimate parent company
GEORGE SHIPMAN & SON,LIMITED
00403205
george shipman & son,limited directors
George Shipman & Son,Limited currently has 1 director, Mr John Shipman serving since Aug 1996.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Shipman | 63 years | Aug 1996 | - | Director |
P&L
May 2019turnover
27.5k
-2%
operating profit
-3.1k
0%
gross margin
15.3%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2019net assets
656.8k
0%
total assets
681.2k
-0.01%
cash
128.2k
-0.4%
net assets
Total assets minus all liabilities
george shipman & son,limited company details
company number
00403205
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
January 1946
age
78
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2019
previous names
N/A
accountant
-
auditor
-
address
79 caroline street, birmingham, B3 1UP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
george shipman & son,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 3 charges/mortgages relating to george shipman & son,limited. Currently there are 3 open charges and 0 have been satisfied in the past.
george shipman & son,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 GEORGE SHIPMAN & SON,LIMITED. This can take several minutes, an email will notify you when this has completed.
george shipman & son,limited Companies House Filings - See Documents
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