starna limited
starna limited Company Information
Group Structure
View All
Industry
Activities of production holding companies
+1Registered Address
52-54, fowler road hainault business pa, hainault, essex, IG6 3UT
Website
www.starna.comstarna limited Estimated Valuation
Pomanda estimates the enterprise value of STARNA LIMITED at £11.8m based on a Turnover of £10.2m and 1.16x industry multiple (adjusted for size and gross margin).
starna limited Estimated Valuation
Pomanda estimates the enterprise value of STARNA LIMITED at £12.7m based on an EBITDA of £2.1m and a 6.02x industry multiple (adjusted for size and gross margin).
starna limited Estimated Valuation
Pomanda estimates the enterprise value of STARNA LIMITED at £31m based on Net Assets of £16.8m and 1.84x industry multiple (adjusted for liquidity).
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Starna Limited Overview
Starna Limited is a live company located in hainault, IG6 3UT with a Companies House number of 01032938. It operates in the activities of production holding companies sector, SIC Code 64202. Founded in November 1971, it's largest shareholder is a.k. hulme with a 100% stake. Starna Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.2m with declining growth in recent years.
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Starna Limited Health Check
Pomanda's financial health check has awarded Starna 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
4 Regular
3 Weak
Size
annual sales of £10.2m, make it in line with the average company (£11.6m)
£10.2m - Starna Limited
£11.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (9.6%)
-4% - Starna Limited
9.6% - Industry AVG
Production
with a gross margin of 48.3%, this company has a lower cost of product (35.2%)
48.3% - Starna Limited
35.2% - Industry AVG
Profitability
an operating margin of 18.7% make it more profitable than the average company (5.8%)
18.7% - Starna Limited
5.8% - Industry AVG
Employees
with 101 employees, this is above the industry average (67)
101 - Starna Limited
67 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£46.5k)
£40.5k - Starna Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £100.6k, this is less efficient (£159.9k)
£100.6k - Starna Limited
£159.9k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (46 days)
45 days - Starna Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (39 days)
24 days - Starna Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is in line with average (50 days)
59 days - Starna Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 348 weeks, this is more cash available to meet short term requirements (19 weeks)
348 weeks - Starna Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.6%, this is a lower level of debt than the average (54.9%)
6.6% - Starna Limited
54.9% - Industry AVG
STARNA LIMITED financials
Starna Limited's latest turnover from April 2024 is £10.2 million and the company has net assets of £16.8 million. According to their latest financial statements, Starna Limited has 101 employees and maintains cash reserves of £5.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,155,707 | 10,201,942 | 10,163,297 | 11,558,327 | 8,964,211 | 8,022,787 | 7,314,562 | 6,108,065 | 5,408,325 | 5,100,831 | 5,073,942 | 5,029,089 | 4,969,120 | 4,625,106 | 3,960,971 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 5,246,901 | 5,368,686 | 5,204,057 | 4,406,925 | 4,187,794 | 3,574,504 | 3,432,537 | 3,496,598 | 3,447,620 | 3,134,738 | 2,980,579 | 3,021,751 | 2,862,311 | 2,439,017 | 2,081,947 |
| Gross Profit | 4,908,806 | 4,833,256 | 4,959,240 | 7,151,402 | 4,776,417 | 4,448,283 | 3,882,025 | 2,611,467 | 1,960,705 | 1,966,093 | 2,093,363 | 2,007,338 | 2,106,809 | 2,186,089 | 1,879,024 |
| Admin Expenses | 3,013,204 | 3,673,826 | 3,661,230 | 2,323,295 | 1,623,676 | 1,582,708 | 1,604,946 | 1,433,687 | 1,365,816 | 1,400,648 | 1,489,598 | 1,477,835 | 1,703,650 | 1,452,886 | 1,323,135 |
| Operating Profit | 1,895,602 | 1,159,430 | 1,298,010 | 4,828,107 | 3,152,741 | 2,865,575 | 2,277,079 | 1,177,780 | 594,889 | 565,445 | 603,765 | 529,503 | 403,159 | 733,203 | 555,889 |
| Interest Payable | 4 | 4,102 | 3,883 | 95 | 232 | 4,124 | 7,880 | 16,399 | |||||||
| Interest Receivable | 72,051 | 201,188 | 206,877 | 148,919 | 152,545 | 145,649 | 447 | 521 | 759 | 30,248 | 375 | 18,499 | 231 | 5,706 | 38,755 |
| Pre-Tax Profit | 1,967,653 | 1,360,618 | 1,504,887 | 4,977,022 | 3,301,184 | 2,865,575 | 2,277,526 | 1,178,301 | 595,648 | 595,693 | 604,045 | 547,770 | 399,266 | 731,029 | 578,245 |
| Tax | -488,672 | -167,989 | -285,972 | -897,992 | -596,631 | -506,081 | -388,126 | -204,031 | -111,327 | -74,490 | -81,556 | -72,352 | -37,321 | -158,154 | -106,400 |
| Profit After Tax | 1,478,981 | 1,192,629 | 1,218,915 | 4,079,030 | 2,704,553 | 2,359,494 | 1,889,400 | 974,270 | 484,321 | 521,203 | 522,489 | 475,418 | 361,945 | 572,875 | 471,845 |
| Dividends Paid | 500,000 | 500,000 | 500,000 | 1,000,000 | 252,000 | 252,000 | 200,000 | 200,000 | 180,000 | 205,440 | 136,560 | 261,740 | |||
| Retained Profit | 978,981 | 692,629 | 718,915 | 3,079,030 | 2,452,553 | 2,107,494 | 1,689,400 | 774,270 | 304,321 | 315,763 | 385,929 | 213,678 | 361,945 | 572,875 | 471,845 |
| Employee Costs | 4,088,999 | 4,056,315 | 3,653,274 | 3,776,723 | 2,842,413 | 2,631,135 | 2,499,694 | 2,548,596 | 2,480,966 | 2,428,406 | 2,344,873 | 2,266,471 | 2,465,738 | 2,296,717 | 2,089,307 |
| Number Of Employees | 101 | 103 | 100 | 100 | 98 | 95 | 98 | 102 | 102 | 102 | 101 | 99 | 96 | 92 | 86 |
| EBITDA* | 2,112,401 | 1,413,714 | 1,525,130 | 5,075,138 | 3,331,753 | 3,007,096 | 2,419,457 | 1,274,101 | 659,409 | 632,155 | 665,106 | 587,877 | 458,102 | 790,813 | 600,562 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,302,462 | 1,477,893 | 1,520,318 | 1,289,997 | 1,296,727 | 761,730 | 593,897 | 676,799 | 457,998 | 416,898 | 431,389 | 331,101 | 369,114 | 298,686 | 271,508 |
| Intangible Assets | 35,918 | 71,835 | 107,752 | 143,669 | 179,586 | ||||||||||
| Investments & Other | 8,593,828 | 5,144,887 | 4,592,964 | 4,386,132 | 4,237,918 | 4,092,924 | 1,960,000 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 9,896,290 | 6,622,780 | 6,113,282 | 5,676,129 | 5,570,563 | 4,926,489 | 2,661,649 | 820,468 | 637,584 | 416,898 | 431,389 | 331,101 | 369,114 | 298,686 | 271,508 |
| Stock & work in progress | 852,282 | 638,654 | 729,652 | 992,996 | 729,518 | 721,766 | 633,153 | 659,264 | 592,690 | 655,076 | 710,433 | 781,832 | 750,679 | 742,387 | 805,654 |
| Trade Debtors | 1,261,856 | 1,187,328 | 1,432,245 | 1,937,603 | 1,106,857 | 978,845 | 1,359,771 | 1,065,130 | 808,895 | 760,704 | 894,884 | 717,319 | 625,148 | 611,585 | 576,950 |
| Group Debtors | 221,832 | ||||||||||||||
| Misc Debtors | 145,265 | 669,358 | 387,423 | 1,243,238 | 1,128,900 | 784,386 | 489,291 | 283,269 | 139,185 | 191,587 | 72,996 | 50,746 | 91,374 | 20,326 | 34,006 |
| Cash | 5,867,115 | 8,073,852 | 7,577,956 | 6,272,019 | 4,694,471 | 3,030,957 | 3,005,323 | 3,283,014 | 3,169,216 | 2,869,932 | 2,602,333 | 2,231,809 | 2,310,599 | 2,777,205 | 1,505,128 |
| misc current assets | |||||||||||||||
| total current assets | 8,126,518 | 10,569,192 | 10,127,276 | 10,445,856 | 7,659,746 | 5,515,954 | 5,487,538 | 5,290,677 | 4,709,986 | 4,477,299 | 4,280,646 | 3,781,706 | 3,999,632 | 4,151,503 | 2,921,738 |
| total assets | 18,022,808 | 17,191,972 | 16,240,558 | 16,121,985 | 13,230,309 | 10,442,443 | 8,149,187 | 6,111,145 | 5,347,570 | 4,894,197 | 4,712,035 | 4,112,807 | 4,368,746 | 4,450,189 | 3,193,246 |
| Bank overdraft | 726 | 889,030 | 481,111 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 356,598 | 412,558 | 312,335 | 404,031 | 801,487 | 383,153 | 358,319 | 271,017 | 453,136 | 237,393 | 371,856 | 323,479 | 661,468 | 280,035 | 196,082 |
| Group/Directors Accounts | 99 | 11,768 | 30 | 231,000 | 231,000 | 194,612 | 183,333 | 155,707 | 155,707 | 146,094 | 125,180 | 272,375 | 48,949 | 49,723 | |
| other short term finances | |||||||||||||||
| hp & lease commitments | 3,266 | ||||||||||||||
| other current liabilities | 519,926 | 562,049 | 396,615 | 1,038,857 | 599,349 | 801,112 | 706,547 | 437,456 | 317,333 | 385,559 | 394,055 | 273,224 | 197,260 | 397,547 | 173,008 |
| total current liabilities | 876,623 | 986,375 | 708,980 | 1,442,888 | 1,631,836 | 1,415,265 | 1,259,478 | 891,806 | 926,176 | 778,659 | 912,005 | 721,883 | 1,135,095 | 1,615,561 | 899,924 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 304,142 | 342,535 | 361,145 | 227,579 | 225,985 | 107,243 | 77,268 | 96,298 | 72,623 | 71,088 | 71,343 | 48,166 | 104,571 | 52,493 | 45,062 |
| total long term liabilities | 304,142 | 342,535 | 361,145 | 227,579 | 225,985 | 107,243 | 77,268 | 96,298 | 72,623 | 71,088 | 71,343 | 48,166 | 104,571 | 67,493 | 165,302 |
| total liabilities | 1,180,765 | 1,328,910 | 1,070,125 | 1,670,467 | 1,857,821 | 1,522,508 | 1,336,746 | 988,104 | 998,799 | 849,747 | 983,348 | 770,049 | 1,239,666 | 1,683,054 | 1,065,226 |
| net assets | 16,842,043 | 15,863,062 | 15,170,433 | 14,451,518 | 11,372,488 | 8,919,935 | 6,812,441 | 5,123,041 | 4,348,771 | 4,044,450 | 3,728,687 | 3,342,758 | 3,129,080 | 2,767,135 | 2,128,020 |
| total shareholders funds | 16,842,043 | 15,863,062 | 15,170,433 | 14,451,518 | 11,372,488 | 8,919,935 | 6,812,441 | 5,123,041 | 4,348,771 | 4,044,450 | 3,728,687 | 3,342,758 | 3,129,080 | 2,767,135 | 2,128,020 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,895,602 | 1,159,430 | 1,298,010 | 4,828,107 | 3,152,741 | 2,865,575 | 2,277,079 | 1,177,780 | 594,889 | 565,445 | 603,765 | 529,503 | 403,159 | 733,203 | 555,889 |
| Depreciation | 216,799 | 254,284 | 227,120 | 211,113 | 143,095 | 105,604 | 106,461 | 96,321 | 64,520 | 66,710 | 61,341 | 58,374 | 54,943 | 57,610 | 44,673 |
| Amortisation | 35,918 | 35,917 | 35,917 | 35,917 | |||||||||||
| Tax | -488,672 | -167,989 | -285,972 | -897,992 | -596,631 | -506,081 | -388,126 | -204,031 | -111,327 | -74,490 | -81,556 | -72,352 | -37,321 | -158,154 | -106,400 |
| Stock | 213,628 | -90,998 | -263,344 | 263,478 | 7,752 | 88,613 | -26,111 | 66,574 | -62,386 | -55,357 | -71,399 | 31,153 | 8,292 | -63,267 | 805,654 |
| Debtors | -449,565 | 37,018 | -1,361,173 | 945,084 | 472,526 | -85,831 | 500,663 | 400,319 | -4,211 | -15,589 | 199,815 | -170,289 | 306,443 | 20,955 | 610,956 |
| Creditors | -55,960 | 100,223 | -91,696 | -397,456 | 418,334 | 24,834 | 87,302 | -182,119 | 215,743 | -134,463 | 48,377 | -337,989 | 381,433 | 83,953 | 196,082 |
| Accruals and Deferred Income | -42,123 | 165,434 | -642,242 | 439,508 | -201,763 | 94,565 | 269,091 | 120,123 | -68,226 | -8,496 | 120,831 | 75,964 | -200,287 | 224,539 | 173,008 |
| Deferred Taxes & Provisions | -38,393 | -18,610 | 133,566 | 1,594 | 118,742 | 29,975 | -19,030 | 23,675 | 1,535 | -255 | 23,177 | -56,405 | 52,078 | 7,431 | 45,062 |
| Cash flow from operations | 1,723,190 | 1,546,752 | 2,263,303 | 3,012,230 | 2,590,157 | 2,647,607 | 1,894,142 | 564,856 | 763,731 | 485,397 | 647,519 | 336,231 | 339,270 | 990,894 | -508,296 |
| Investing Activities | |||||||||||||||
| capital expenditure | -2,263,187 | -1,983,529 | -315,122 | -291,956 | -52,219 | -161,629 | -20,361 | -133,851 | -84,788 | -117,381 | |||||
| Change in Investments | 3,448,941 | 551,923 | 206,832 | 148,214 | 144,994 | 2,132,924 | 1,960,000 | ||||||||
| cash flow from investments | -3,448,941 | -551,923 | -206,832 | -148,214 | -144,994 | -4,396,111 | -3,943,529 | -315,122 | -291,956 | -52,219 | -161,629 | -20,361 | -133,851 | -84,788 | -117,381 |
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -11,669 | 11,738 | 30 | -231,000 | 36,388 | 11,279 | 27,626 | 9,613 | 20,914 | -147,195 | 223,426 | -774 | 49,723 | ||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -3,266 | 3,266 | |||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 72,051 | 201,188 | 206,877 | 148,915 | 148,443 | 141,766 | 447 | 521 | 759 | 30,248 | 280 | 18,267 | -3,893 | -2,174 | 22,356 |
| cash flow from financing | 60,382 | 212,926 | 206,907 | -82,085 | 148,443 | 178,154 | 11,726 | 28,147 | 759 | 39,861 | 21,194 | -132,194 | 222,799 | 63,292 | 1,728,254 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,206,737 | 495,896 | 1,305,937 | 1,577,548 | 1,663,514 | 25,634 | -277,691 | 113,798 | 299,284 | 267,599 | 370,524 | -78,790 | -466,606 | 1,272,077 | 1,505,128 |
| overdraft | -726 | -888,304 | 407,919 | 481,111 | |||||||||||
| change in cash | -2,206,737 | 495,896 | 1,305,937 | 1,577,548 | 1,663,514 | 25,634 | -277,691 | 113,798 | 299,284 | 267,599 | 370,524 | -78,064 | 421,698 | 864,158 | 1,024,017 |
starna limited Credit Report and Business Information
Starna Limited Competitor Analysis
Perform a competitor analysis for starna limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in IG6 area or any other competitors across 12 key performance metrics.
starna limited Ownership
STARNA LIMITED group structure
Starna Limited has 2 subsidiary companies.
Ultimate parent company
STARNA LIMITED
01032938
2 subsidiaries
starna limited directors
Starna Limited currently has 2 directors. The longest serving directors include Mr Alan Hulme (Jul 1991) and Mr Nathan Hulme (Nov 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Hulme | 81 years | Jul 1991 | - | Director | |
| Mr Nathan Hulme | United Kingdom | 40 years | Nov 2010 | - | Director |
P&L
April 2024turnover
10.2m
0%
operating profit
1.9m
+63%
gross margin
48.4%
+2.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
16.8m
+0.06%
total assets
18m
+0.05%
cash
5.9m
-0.27%
net assets
Total assets minus all liabilities
starna limited company details
company number
01032938
Type
Private limited with Share Capital
industry
64202 - Activities of production holding companies
82990 - Other business support service activities n.e.c.
incorporation date
November 1971
age
54
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
52-54, fowler road hainault business pa, hainault, essex, IG6 3UT
Bank
BARCLAYS BANK PLC
Legal Advisor
-
starna 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 did not find charges/mortgages relating to starna limited.
starna limited Capital Raised & Share Issues BETA
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starna limited Companies House Filings - See Documents
| date | description | view/download |
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