speeds limited
speeds limited Company Information
Company Number
01092686
Website
-Registered Address
slaley hall slaley, bonsall, matlock, derbyshire, DE4 2BB
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01773520820
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
speeds court limited 100%
speeds limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDS LIMITED at £4.3m based on a Turnover of £1.3m and 3.26x industry multiple (adjusted for size and gross margin).
speeds limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDS LIMITED at £33.9k based on an EBITDA of £4.9k and a 6.89x industry multiple (adjusted for size and gross margin).
speeds limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDS LIMITED at £23.8m based on Net Assets of £24m and 0.99x industry multiple (adjusted for liquidity).
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Speeds Limited Overview
Speeds Limited is a live company located in matlock, DE4 2BB with a Companies House number of 01092686. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 1973, it's largest shareholder is speeds court limited with a 100% stake. Speeds Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Speeds Limited Health Check
Pomanda's financial health check has awarded Speeds Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £1.3m, make it larger than the average company (£862.8k)
- Speeds Limited
£862.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (1.3%)
- Speeds Limited
1.3% - Industry AVG
Production
with a gross margin of 70.4%, this company has a comparable cost of product (70.4%)
- Speeds Limited
70.4% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (34.2%)
- Speeds Limited
34.2% - Industry AVG
Employees
with 7 employees, this is above the industry average (4)
7 - Speeds Limited
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Speeds Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £187.4k, this is equally as efficient (£187.4k)
- Speeds Limited
£187.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Speeds Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Speeds Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Speeds Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Speeds Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.7%, this is a lower level of debt than the average (69.9%)
0.7% - Speeds Limited
69.9% - Industry AVG
SPEEDS LIMITED financials
Speeds Limited's latest turnover from December 2022 is estimated at £1.3 million and the company has net assets of £24 million. According to their latest financial statements, Speeds Limited has 7 employees and maintains cash reserves of £30.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | 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 | 273,113 | 1,177,158 | 1,331,000 | 1,259,000 | 1,087,000 | 1,002,000 | 1,069,000 | |||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 0 | 0 | ||||||||||||
| Gross Profit | 273,113 | 1,177,158 | ||||||||||||
| Admin Expenses | 673,866 | 841,867 | ||||||||||||
| Operating Profit | -400,753 | 335,291 | 704,000 | 1,148,000 | 392,000 | 746,000 | 992,000 | |||||||
| Interest Payable | 0 | 161,737 | 0 | 0 | 0 | 0 | 8,000 | |||||||
| Interest Receivable | 16,855 | 48,101 | 82,000 | 167,000 | 103,000 | 72,000 | 244,000 | |||||||
| Pre-Tax Profit | -633,898 | 221,655 | 786,000 | 1,315,000 | 313,000 | 818,000 | 1,228,000 | |||||||
| Tax | 104,517 | 742,056 | -160,000 | -408,000 | 187,000 | -518,000 | -341,000 | |||||||
| Profit After Tax | -529,381 | 963,711 | 626,000 | 907,000 | 500,000 | 300,000 | 887,000 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 1,044,000 | |||||||
| Retained Profit | -1,481,394 | -4,207,084 | 626,000 | 907,000 | 500,000 | 300,000 | -157,000 | |||||||
| Employee Costs | 373,000 | 372,000 | 342,000 | 290,000 | 364,000 | |||||||||
| Number Of Employees | 7 | 7 | 7 | 8 | 9 | 10 | 10 | 9 | 9 | 9 | 9 | 9 | 10 | 11 |
| EBITDA* | -382,247 | 364,121 | 737,000 | 1,179,000 | 429,000 | 783,000 | 1,033,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | 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 | 0 | 0 | 7,867 | 0 | 0 | 0 | 3,262 | 36,554 | 55,060 | 112,000 | 125,000 | 70,000 | 107,000 | 129,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 24,167,577 | 24,168,059 | 24,160,716 | 24,169,151 | 24,050,512 | 24,051,387 | 24,051,738 | 24,689,499 | 23,222,367 | 23,676,000 | 22,557,000 | 20,329,000 | 20,067,000 | 19,006,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,167,577 | 24,168,059 | 24,168,583 | 24,169,151 | 24,050,512 | 24,051,387 | 24,055,000 | 24,726,053 | 23,277,427 | 23,788,000 | 22,682,000 | 20,399,000 | 20,174,000 | 19,135,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 246,754 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 6,586 | 0 | 3,384 | 94,909 | 68,097 | 70,982 | 75,405 | 217,450 | 337,000 | 425,000 | 320,000 | 23,000 | 17,000 |
| Cash | 30,369 | 72,488 | 44,848 | 27,172 | 34,672 | 77,678 | 711,684 | 3,417,669 | 6,484,707 | 6,772,000 | 7,315,000 | 8,283,000 | 8,862,000 | 9,562,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 30,369 | 79,074 | 44,848 | 30,556 | 129,581 | 145,775 | 782,666 | 3,493,074 | 6,948,911 | 7,109,000 | 7,740,000 | 8,603,000 | 8,885,000 | 9,579,000 |
| total assets | 24,197,946 | 24,247,133 | 24,213,431 | 24,199,707 | 24,180,093 | 24,197,162 | 24,837,666 | 28,219,127 | 30,226,338 | 30,897,000 | 30,422,000 | 29,002,000 | 29,059,000 | 28,714,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 153,246 | 203,246 | 203,246 | 233,246 | 203,246 | 203,246 | 862,531 | 4,533,974 | 4,815,441 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 13,280 | 17,903 | 17,851 | 11,804 | 13,367 | 29,920 | 25,698 | 42,574 | 195,729 | 527,000 | 672,000 | 274,000 | 672,000 | 627,000 |
| total current liabilities | 166,526 | 221,149 | 221,097 | 245,050 | 216,613 | 233,166 | 888,229 | 4,576,548 | 5,011,170 | 527,000 | 672,000 | 274,000 | 672,000 | 627,000 |
| loans | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91,195 | 143,000 | 149,000 | 33,000 | 192,000 | 192,000 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91,195 | 143,000 | 149,000 | 33,000 | 192,000 | 192,000 |
| total liabilities | 166,526 | 221,149 | 221,097 | 245,050 | 216,613 | 233,166 | 888,229 | 4,576,548 | 5,102,365 | 670,000 | 821,000 | 307,000 | 864,000 | 819,000 |
| net assets | 24,031,420 | 24,025,984 | 23,992,334 | 23,954,657 | 23,963,480 | 23,963,996 | 23,949,437 | 23,642,579 | 25,123,973 | 30,227,000 | 29,601,000 | 28,695,000 | 28,195,000 | 27,895,000 |
| total shareholders funds | 24,031,420 | 24,025,984 | 23,992,334 | 23,954,657 | 23,963,480 | 23,963,996 | 23,949,437 | 23,642,579 | 25,123,973 | 30,227,000 | 29,601,000 | 28,695,000 | 28,195,000 | 27,895,000 |
| Dec 2022 | 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 | -400,753 | 335,291 | 704,000 | 1,148,000 | 392,000 | 746,000 | 992,000 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 3,262 | 3,278 | 18,506 | 28,830 | 33,000 | 31,000 | 37,000 | 37,000 | 41,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 104,517 | 742,056 | -160,000 | -408,000 | 187,000 | -518,000 | -341,000 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,586 | 6,586 | -3,384 | -91,525 | 26,812 | -2,885 | -4,423 | -388,799 | 127,204 | -88,000 | 105,000 | 297,000 | 6,000 | 17,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -4,623 | 52 | 6,047 | -1,563 | -16,553 | 4,222 | -16,876 | -153,155 | -331,271 | -145,000 | 398,000 | -398,000 | 45,000 | 627,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -91,195 | -51,805 | -6,000 | 116,000 | -159,000 | 0 | 192,000 |
| Cash flow from operations | -133,281 | 595,897 | 514,000 | 1,180,000 | -238,000 | 304,000 | 1,494,000 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | -1,130,000 | -2,295,000 | -443,000 | -616,000 | 1,189,000 | |||||||
| Change in Investments | -482 | 7,343 | -8,435 | 118,639 | -875 | -351 | -637,761 | 1,467,132 | -453,633 | 1,119,000 | 2,228,000 | 262,000 | 1,061,000 | 19,006,000 |
| cash flow from investments | -1,467,132 | 453,633 | -2,249,000 | -4,523,000 | -705,000 | -1,677,000 | -17,817,000 | |||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -50,000 | 0 | -30,000 | 30,000 | 0 | -659,285 | -3,671,443 | -281,467 | 4,815,441 | 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 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 16,855 | -113,636 | 82,000 | 167,000 | 103,000 | 72,000 | 236,000 | |||||||
| cash flow from financing | -264,612 | 3,805,862 | 82,000 | 166,000 | 103,000 | 72,000 | 28,288,000 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | -42,119 | 27,640 | 17,676 | -7,500 | -43,006 | -634,006 | -2,705,985 | -3,067,038 | -287,293 | -543,000 | -968,000 | -579,000 | -700,000 | 9,562,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -42,119 | 27,640 | 17,676 | -7,500 | -43,006 | -634,006 | -2,705,985 | -3,067,038 | -287,293 | -543,000 | -968,000 | -579,000 | -700,000 | 9,562,000 |
speeds limited Credit Report and Business Information
Speeds Limited Competitor Analysis
Perform a competitor analysis for speeds limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in DE4 area or any other competitors across 12 key performance metrics.
speeds limited Ownership
SPEEDS LIMITED group structure
Speeds Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
SPEEDS LIMITED
01092686
3 subsidiaries
speeds limited directors
Speeds Limited currently has 3 directors. The longest serving directors include Ms Pauline Speed (Nov 1991) and Mr Martin Speed (Nov 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Pauline Speed | 92 years | Nov 1991 | - | Director | |
| Mr Martin Speed | England | 65 years | Nov 1991 | - | Director |
| Kerry Speed | England | 60 years | Jan 2024 | - | Director |
P&L
December 2022turnover
1.3m
+21%
operating profit
4.9k
0%
gross margin
70.5%
+2.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
24m
0%
total assets
24.2m
0%
cash
30.4k
-0.58%
net assets
Total assets minus all liabilities
speeds limited company details
company number
01092686
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 1973
age
51
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
berry brown (midlands) limited (September 1986)
speeds limited (June 1986)
last accounts submitted
December 2022
address
slaley hall slaley, bonsall, matlock, derbyshire, DE4 2BB
accountant
-
auditor
-
speeds 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 1 charges/mortgages relating to speeds limited. Currently there are 0 open charges and 1 have been satisfied in the past.
speeds limited Companies House Filings - See Documents
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