stringer goddard limited

3.5

stringer goddard limited Company Information

Share STRINGER GODDARD LIMITED
Live (In Liquidation)
MatureMicroDeclining

Company Number

01031006

Registered Address

21 highfield road, dartford, kent, DA1 2JS

Industry

Manufacture of paper and paperboard containers other than sacks and bags

 

Telephone

01322358940

Next Accounts Due

928 days late

Group Structure

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Directors

Anne Stringer32 Years

David Stringer32 Years

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Shareholders

mr david stringer 35%

mrs anne carol stringer 31.7%

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stringer goddard limited Estimated Valuation

£174.2k

Pomanda estimates the enterprise value of STRINGER GODDARD LIMITED at £174.2k based on a Turnover of £434.9k and 0.4x industry multiple (adjusted for size and gross margin).

stringer goddard limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STRINGER GODDARD LIMITED at £0 based on an EBITDA of £-275.7k and a 3.03x industry multiple (adjusted for size and gross margin).

stringer goddard limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of STRINGER GODDARD LIMITED at £1.8m based on Net Assets of £985.1k and 1.8x industry multiple (adjusted for liquidity).

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Stringer Goddard Limited Overview

Stringer Goddard Limited is a live company located in kent, DA1 2JS with a Companies House number of 01031006. It operates in the manufacture of other paper and paperboard containers sector, SIC Code 17219. Founded in November 1971, it's largest shareholder is mr david stringer with a 35% stake. Stringer Goddard Limited is a mature, micro sized company, Pomanda has estimated its turnover at £434.9k with declining growth in recent years.

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Stringer Goddard Limited Health Check

Pomanda's financial health check has awarded Stringer Goddard Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £434.9k, make it smaller than the average company (£16.2m)

£434.9k - Stringer Goddard Limited

£16.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (5.3%)

-44% - Stringer Goddard Limited

5.3% - Industry AVG

production

Production

with a gross margin of 24.7%, this company has a comparable cost of product (24.7%)

24.7% - Stringer Goddard Limited

24.7% - Industry AVG

profitability

Profitability

an operating margin of -73% make it less profitable than the average company (3.8%)

-73% - Stringer Goddard Limited

3.8% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (100)

7 - Stringer Goddard Limited

100 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Stringer Goddard Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.1k, this is less efficient (£151.5k)

£62.1k - Stringer Goddard Limited

£151.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 19 days, this is earlier than average (63 days)

19 days - Stringer Goddard Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (60 days)

5 days - Stringer Goddard Limited

60 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Stringer Goddard Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 406 weeks, this is more cash available to meet short term requirements (3 weeks)

406 weeks - Stringer Goddard Limited

3 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.6%, this is a lower level of debt than the average (53.6%)

28.6% - Stringer Goddard Limited

53.6% - Industry AVG

STRINGER GODDARD LIMITED financials

EXPORTms excel logo

Stringer Goddard Limited's latest turnover from March 2020 is estimated at £434.9 thousand and the company has net assets of £985.1 thousand. According to their latest financial statements, Stringer Goddard Limited has 7 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover434,9362,066,7882,534,3652,492,4842,266,1453,209,9244,016,6523,542,6422,951,9822,494,9322,404,447
Other Income Or Grants00000000000
Cost Of Sales327,4011,587,8051,905,8761,862,5231,638,0002,325,9552,867,5992,551,7212,151,7241,807,5171,728,814
Gross Profit107,535478,982628,489629,962628,145883,9691,149,054990,921800,258687,415675,634
Admin Expenses425,223597,359-685,948603,588526,860871,7541,125,926892,085779,958687,980240,810
Operating Profit-317,688-118,3771,314,43726,374101,28512,21523,12898,83620,300-565434,824
Interest Payable12,73930,11028,35923,43416,41711,3196,5121,69125,09545,13921,557
Interest Receivable60918191214516539629404492917
Pre-Tax Profit-329,818-148,4681,286,2693,15485,3841,43517,24597,549-4,745-45,674413,283
Tax00-244,391-631-17,077-301-3,966-23,41200-115,719
Profit After Tax-329,818-148,4681,041,8782,52368,3071,13413,27974,137-4,745-45,674297,564
Dividends Paid00000000000
Retained Profit-329,818-148,4681,041,8782,52368,3071,13413,27974,137-4,745-45,674297,564
Employee Costs231,626538,282536,831523,226491,984716,866883,416772,035642,659611,333653,510
Number Of Employees716171716253127222123
EBITDA*-275,668-17,5321,377,90585,938161,16969,56486,879163,30588,10658,402494,441

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets02,102,9252,207,184956,574910,609962,178927,832942,156976,062976,631980,444
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets02,102,9252,207,184956,574910,609962,178927,832942,156976,062976,631980,444
Stock & work in progress0212,000240,396235,623234,700235,736254,355209,862180,783160,431155,017
Trade Debtors23,093370,751601,437602,628533,499681,994856,272727,778628,074618,992566,850
Group Debtors00000000000
Misc Debtors143,74525,02629,84925,44816,840000000
Cash1,213,2103,8031,10475,45995,480110,785104,992146,77414,7814,8626,802
misc current assets00000000000
total current assets1,380,048611,580872,786939,158880,5191,028,5151,215,6191,084,414823,638784,285728,669
total assets1,380,0482,714,5053,079,9701,895,7321,791,1281,990,6932,143,4512,026,5701,799,7001,760,9161,709,113
Bank overdraft0358,040378,586331,080241,0480000116,39837,051
Bank loan059,62236,74244,33742,482000017,40016,300
Trade Creditors 5,325391,820463,664511,258461,9921,100,4811,198,8861,097,876909,027641,962635,551
Group/Directors Accounts00000000029,6966,791
other short term finances00000000000
hp & lease commitments026,73936,31526,81121,046000029,69637,406
other current liabilities149,95156,26385,35181,756106,104000000
total current liabilities155,276892,4841,000,658995,242872,6721,100,4811,198,8861,097,876909,027835,152733,099
loans0059,15422,69268,253153,354194,9135,46946,564591,778609,951
hp & lease commitments028,84455,58458,90339,198000031,79622,499
Accruals and Deferred Income00000000000
other liabilities239,655309,327328,500350,000350,000363,874377,802552,209542,96400
provisions0168,915172,67147,37042,00322,28922,28934,73439,00035,30031,000
total long term liabilities239,655507,086615,909478,965499,454539,517595,004592,412628,528658,874663,450
total liabilities394,9311,399,5701,616,5671,474,2071,372,1261,639,9981,793,8901,690,2881,537,5551,494,0261,396,549
net assets985,1171,314,9351,463,403421,525419,002350,695349,561336,282262,145266,890312,564
total shareholders funds985,1171,314,9351,463,403421,525419,002350,695349,561336,282262,145266,890312,564
Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-317,688-118,3771,314,43726,374101,28512,21523,12898,83620,300-565434,824
Depreciation42,020100,84563,46859,56459,88457,34963,75164,46967,80658,96759,617
Amortisation00000000000
Tax00-244,391-631-17,077-301-3,966-23,41200-115,719
Stock-212,000-28,3964,773923-1,036-18,61944,49329,07920,3525,414155,017
Debtors-228,939-235,5093,21077,737-131,655-174,278128,49499,7049,08252,142566,850
Creditors-386,495-71,844-47,59449,266-638,489-98,405101,010188,849267,0656,411635,551
Accruals and Deferred Income93,688-29,0883,595-24,348106,104000000
Deferred Taxes & Provisions-168,915-3,756125,3015,36719,7140-12,445-4,2663,7004,30031,000
Cash flow from operations-296,451141,6851,206,83336,932-235,888163,755-1,509195,693329,43711,557323,406
Investing Activities
capital expenditure2,060,9053,414-1,314,078-105,529-8,315-91,695-49,427-30,563-67,237-55,154-1,040,061
Change in Investments00000000000
cash flow from investments2,060,9053,414-1,314,078-105,529-8,315-91,695-49,427-30,563-67,237-55,154-1,040,061
Financing Activities
Bank loans-59,62222,880-7,5951,85542,482000-17,4001,10016,300
Group/Directors Accounts00000000-29,69622,9056,791
Other Short Term Loans 00000000000
Long term loans0-59,15436,462-45,561-85,101-41,559189,444-41,095-545,214-18,173609,951
Hire Purchase and Lease Commitments-55,583-36,3166,18525,47060,244000-61,4921,58759,905
other long term liabilities-69,672-19,173-21,5000-13,874-13,928-174,4079,245542,96400
share issue000000000015,000
interest-12,130-30,092-28,168-23,220-15,901-10,780-5,883-1,287-25,046-45,110-21,540
cash flow from financing-197,007-121,855-14,616-41,456-12,150-66,2679,154-33,137-135,884-37,691686,407
cash and cash equivalents
cash1,209,4072,699-74,355-20,021-15,3055,793-41,782131,9939,919-1,9406,802
overdraft-358,040-20,54647,50690,032241,048000-116,39879,34737,051
change in cash1,567,44723,245-121,861-110,053-256,3535,793-41,782131,993126,317-81,287-30,249

stringer goddard 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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Stringer Goddard Limited Competitor Analysis

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Perform a competitor analysis for stringer goddard limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

stringer goddard limited Ownership

STRINGER GODDARD LIMITED group structure

Stringer Goddard Limited has no subsidiary companies.

Ultimate parent company

STRINGER GODDARD LIMITED

01031006

STRINGER GODDARD LIMITED Shareholders

mr david stringer 35%
mrs anne carol stringer 31.67%
mr stuart charles stringer 16.67%
mrs emma jane stringer 16.67%

stringer goddard limited directors

Stringer Goddard Limited currently has 3 directors. The longest serving directors include Mrs Anne Stringer (May 1992) and Mr David Stringer (May 1992).

officercountryagestartendrole
Mrs Anne Stringer80 years May 1992- Director
Mr David Stringer83 years May 1992- Director
Mr Stuart StringerEngland61 years Jan 2001- Director

P&L

March 2020

turnover

434.9k

-79%

operating profit

-317.7k

0%

gross margin

24.8%

+6.68%

turnover

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

Balance Sheet

March 2020

net assets

985.1k

-0.25%

total assets

1.4m

-0.49%

cash

1.2m

+318.01%

net assets

Total assets minus all liabilities

stringer goddard limited company details

company number

01031006

Type

Private limited with Share Capital

industry

17219 - Manufacture of paper and paperboard containers other than sacks and bags

incorporation date

November 1971

age

53

accounts

Total Exemption Full

ultimate parent company

None

previous names

c.h. goddard & co. (cartons) limited (August 2019)

incorporated

UK

address

21 highfield road, dartford, kent, DA1 2JS

last accounts submitted

March 2020

stringer goddard 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 7 charges/mortgages relating to stringer goddard limited. Currently there are 0 open charges and 7 have been satisfied in the past.

charges

stringer goddard limited Companies House Filings - See Documents

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