Shropshire Welding Supplies Limited

POWER SEARCH PRICING

SOLUTIONS

shropshire welding supplies limited Company Information

Live

MatureMidHealthy

Company Number

01067545

Website

www.shropshirewelding.co.uk

Registered Address

unit a10 stafford park 15, telford, shropshire, TF3 3BB

Industry

Wholesale of other machinery and equipment

Telephone

01952290610

Next Accounts Due

December 2024

Group Structure

View All

Directors

David Evans33 Years

Rosemary Evans32 Years

View All

Shareholders

david lawrence evans 60%

lucian david evans 30%

View All

shropshire welding supplies limited Estimated Valuation

£7.6m

Pomanda estimates the enterprise value of SHROPSHIRE WELDING SUPPLIES LIMITED at £7.6m based on an EBITDA of £1.4m and a 5.34x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Shropshire Welding Supplies Limited is a live company located in shropshire, TF3 3BB with a Companies House number of 01067545. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in August 1972, it's largest shareholder is david lawrence evans with a 60% stake. Shropshire Welding Supplies Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.4m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Shropshire Welding Supplies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

3 Regular

5 Weak

Size

annual sales of £8.4m, make it smaller than the average company (£15.2m)

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.5%)

EXPORT

Shropshire Welding Supplies Limited's latest turnover from March 2023 is estimated at £8.4 million and the company has net assets of £1.4 million. According to their latest financial statements, Shropshire Welding Supplies Limited has 24 employees and maintains cash reserves of £250.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	8,411,806	6,342,535	5,590,890	5,785,084	5,381,924	6,117,660	5,445,354	5,326,885	6,005,252	6,616,729	5,839,091	5,614,568	4,541,577	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	6,007,825	4,538,690	4,020,957	4,164,376	3,891,869	4,419,823	3,857,520	3,765,944	4,249,683	4,601,487	4,112,575	3,985,472	3,209,493	0
Gross Profit	2,403,981	1,803,845	1,569,933	1,620,707	1,490,054	1,697,836	1,587,834	1,560,940	1,755,569	2,015,242	1,726,515	1,629,097	1,332,084	0
Admin Expenses	1,062,756	1,667,476	1,376,779	1,671,693	1,433,230	1,754,544	1,626,739	1,480,356	1,704,071	1,859,962	1,604,547	1,596,120	1,267,308	-519,903
Operating Profit	1,341,225	136,369	193,154	-50,986	56,824	-56,708	-38,905	80,584	51,498	155,280	121,968	32,977	64,776	519,903
Interest Payable	5,708	11,599	17,506	22,810	23,449	24,730	18,473	11,668	5,118	1,263	1,240	876	1,164	418
Interest Receivable	5,330	694	200	966	797	511	304	1,004	942	671	604	421	487	286
Pre-Tax Profit	1,340,847	125,464	175,848	-72,830	34,172	-80,927	-57,074	69,920	47,322	154,688	121,333	32,522	64,099	519,771
Tax	-254,761	-23,838	-33,411	0	-6,493	0	0	-13,984	-9,938	-35,578	-29,120	-8,456	-17,948	-145,536
Profit After Tax	1,086,086	101,626	142,437	-72,830	27,679	-80,927	-57,074	55,936	37,384	119,110	92,213	24,066	46,151	374,235
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	1,086,086	101,626	142,437	-72,830	27,679	-80,927	-57,074	55,936	37,384	119,110	92,213	24,066	46,151	374,235
Employee Costs	1,165,639	1,024,341	914,078	990,181	967,868	916,803	797,641	812,585	842,726	990,344	844,081	812,462	722,823	0
Number Of Employees	24	22	20	22	22	22	20	20	21	25	22	22	20	0
EBITDA*	1,424,376	189,601	246,479	3,759	106,997	8,721	37,821	150,351	120,989	213,413	177,167	97,475	116,620	554,672

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	1,023,991	917,947	676,615	714,060	692,404	723,687	823,155	565,846	427,792	238,006	178,350	173,579	198,742	113,747
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	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	0	0	0	0
Total Fixed Assets	1,023,991	917,947	676,615	714,060	692,404	723,687	823,155	565,846	427,792	238,006	178,350	173,579	198,742	113,747
Stock & work in progress	441,063	377,155	341,791	418,315	411,797	421,659	390,292	358,754	389,174	343,873	312,154	269,862	242,421	238,523
Trade Debtors	1,874,142	1,197,216	997,125	956,417	1,002,981	1,227,530	1,119,415	1,095,692	1,192,278	1,474,320	1,213,578	1,196,454	1,014,933	658,105
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	47,082	25,822	14,815	23,376	12,105	20,640	38,210	54,974	0	0	0	0	0	0
Cash	250,841	301,358	253,749	146,109	111,607	100,955	103,266	139,741	261,863	114,765	153,763	87,943	80,366	114,372
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,613,128	1,901,551	1,607,480	1,544,217	1,538,490	1,770,784	1,651,183	1,649,161	1,843,315	1,932,958	1,679,495	1,554,259	1,337,720	1,011,000
total assets	3,637,119	2,819,498	2,284,095	2,258,277	2,230,894	2,494,471	2,474,338	2,215,007	2,271,107	2,170,964	1,857,845	1,727,838	1,536,462	1,124,747
Bank overdraft	33,316	34,860	63,015	220,691	124,022	150,624	116,102	28,140	20,256	4,734	34,120	4,026	22,938	12,874
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,486,339	1,120,579	867,490	930,169	862,413	1,054,197	846,071	757,920	1,143,189	1,191,109	1,061,869	1,050,709	853,570	597,000
Group/Directors Accounts	29,748	29,748	29,748	14,405	1,469	1,159	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	76,165	85,564	78,696	57,649	60,909	34,740
other current liabilities	314,232	189,918	207,739	135,827	210,742	235,371	252,206	264,976	0	0	0	0	0	0
total current liabilities	1,863,635	1,375,105	1,167,992	1,301,092	1,198,646	1,441,351	1,214,379	1,051,036	1,239,610	1,281,407	1,174,685	1,112,384	937,417	644,614
loans	78,059	119,443	153,850	136,407	194,740	225,412	268,773	178,119	132,493	0	0	0	0	0
hp & lease commitments	0	0	0	66,112	21,782	38,291	111,627	147,174	109,150	130,052	57,058	81,227	87,007	19,082
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	171,194	115,027	68,187	0	0	0	0	0	0	0	0	0	0	0
provisions	105,743	63,767	28,918	31,206	18,687	19,308	29,206	12,543	19,655	26,690	12,437	12,775	14,652	9,816
total long term liabilities	354,996	298,237	250,955	233,725	235,209	283,011	409,606	337,836	261,298	156,742	69,495	94,002	101,659	28,898
total liabilities	2,218,631	1,673,342	1,418,947	1,534,817	1,433,855	1,724,362	1,623,985	1,388,872	1,500,908	1,438,149	1,244,180	1,206,386	1,039,076	673,512
net assets	1,418,488	1,146,156	865,148	723,460	797,039	770,109	850,353	826,135	770,199	732,815	613,665	521,452	497,386	451,235
total shareholders funds	1,418,488	1,146,156	865,148	723,460	797,039	770,109	850,353	826,135	770,199	732,815	613,665	521,452	497,386	451,235

	Mar 2023	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	1,341,225	136,369	193,154	-50,986	56,824	-56,708	-38,905	80,584	51,498	155,280	121,968	32,977	64,776	519,903
Depreciation	83,151	53,232	53,325	54,745	50,173	65,429	76,726	69,767	69,491	58,133	55,199	64,498	51,844	34,769
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-254,761	-23,838	-33,411	0	-6,493	0	0	-13,984	-9,938	-35,578	-29,120	-8,456	-17,948	-145,536
Stock	441,063	35,364	-76,524	6,518	-9,862	31,367	31,538	-30,420	45,301	31,719	42,292	27,441	3,898	238,523
Debtors	1,921,224	211,098	32,147	-35,293	-233,084	90,545	6,959	-41,612	-282,042	260,742	17,124	181,521	356,828	658,105
Creditors	1,486,339	253,089	-62,679	67,756	-191,784	208,126	88,151	-385,269	-47,920	129,240	11,160	197,139	256,570	597,000
Accruals and Deferred Income	314,232	-17,821	71,912	-74,915	-24,629	-16,835	-12,770	264,976	0	0	0	0	0	0
Deferred Taxes & Provisions	105,743	34,849	-2,288	12,519	-621	-9,898	16,663	-7,112	-7,035	14,253	-338	-1,877	4,836	9,816
Cash flow from operations	713,642	189,418	264,390	37,894	126,416	68,202	91,368	80,994	292,837	28,867	99,453	75,319	-648	119,324
Investing Activities
capital expenditure	-1,107,142	-294,564	-15,880	-76,401	-18,890	34,039	-334,035	-207,821	-259,277	-117,789	-59,970	-39,335	-136,839	-148,516
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-1,107,142	-294,564	-15,880	-76,401	-18,890	34,039	-334,035	-207,821	-259,277	-117,789	-59,970	-39,335	-136,839	-148,516
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	29,748	0	15,343	12,936	310	1,159	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	78,059	-34,407	17,443	-58,333	-30,672	-43,361	90,654	45,626	132,493	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	-66,112	44,330	-16,509	-73,336	-35,547	-38,141	-30,301	79,862	-3,122	-9,040	94,094	53,822
other long term liabilities	171,194	46,840	68,187	0	0	0	0	0	0	0	0	0	0	0
share issue	332,402	179,382	-749	-749	-749	683	81,292	0	0	40	0	0	0	77,000
interest	-378	-10,905	-17,306	-21,844	-22,652	-24,219	-18,169	-10,664	-4,176	-592	-636	-455	-677	-132
cash flow from financing	611,025	180,910	16,806	-23,660	-70,272	-139,074	118,230	-3,179	98,016	79,310	-3,758	-9,495	93,417	130,690
cash and cash equivalents
cash	250,841	47,609	107,640	34,502	10,652	-2,311	-36,475	-122,122	147,098	-38,998	65,820	7,577	-34,006	114,372
overdraft	33,316	-28,155	-157,676	96,669	-26,602	34,522	87,962	7,884	15,522	-29,386	30,094	-18,912	10,064	12,874
change in cash	217,525	75,764	265,316	-62,167	37,254	-36,833	-124,437	-130,006	131,576	-9,612	35,726	26,489	-44,070	101,498

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for shropshire welding supplies limited. Get real-time insights into shropshire welding supplies limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for shropshire welding supplies 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 TF3 area or any other competitors across 12 key performance metrics.

SHROPSHIRE WELDING SUPPLIES LIMITED group structure

Shropshire Welding Supplies Limited has no subsidiary companies.

Ultimate parent company

SHROPSHIRE WELDING SUPPLIES LIMITED

01067545

SHROPSHIRE WELDING SUPPLIES LIMITED Shareholders

david lawrence evans	59.98%
lucian david evans	30%
mrs rosemary carole evans	10.01%
mark saunders	0.02%

Shropshire Welding Supplies Limited currently has 5 directors. The longest serving directors include Mr David Evans (Jul 1991) and Mrs Rosemary Evans (Feb 1992).

officer	country	age	start	end	role
Mr David Evans	Uk	83 years	Jul 1991	-	Director
Mrs Rosemary Evans		80 years	Feb 1992	-	Director
Mr Lucian Evans		55 years	Oct 2001	-	Director
Mr Mark Saunders		51 years	Feb 2002	-	Director
Mr Shaun Williams		45 years	Apr 2019	-	Director

P&L

March 2023

turnover

8.4m

operating profit

1.3m

gross margin

28.6%

turnover

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

Balance Sheet

March 2023

net assets

1.4m

total assets

3.6m

cash

250.8k

net assets

Total assets minus all liabilities

Similar Companies

wirs (wolverhampton) limited

4.5

wera tools (uk) limited

addison saws limited

1.5

selmach machinery ltd

j v international limited

3.5

company number

01067545

Type

Private limited with Share Capital

industry

46690 - Wholesale of other machinery and equipment

incorporation date

August 1972

ultimate parent company

None

previous names

N/A

address

unit a10 stafford park 15, telford, shropshire, TF3 3BB

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 4 charges/mortgages relating to shropshire welding supplies limited. Currently there are 4 open charges and 0 have been satisfied in the past.

shropshire welding supplies limited Company Information

shropshire welding supplies limited Estimated Valuation

shropshire welding supplies limited Estimated Valuation

shropshire welding supplies limited Estimated Valuation

Shropshire Welding Supplies Limited Overview

Shropshire Welding Supplies Limited Health Check

SHROPSHIRE WELDING SUPPLIES LIMITED financials

shropshire welding supplies limited Credit Report and Business Information

Shropshire Welding Supplies Limited Competitor Analysis

shropshire welding supplies limited Ownership

shropshire welding supplies limited directors

shropshire welding supplies limited company details

shropshire welding supplies limited Charges & Mortgages

shropshire welding supplies limited Companies House Filings - See Documents