irlam sheet metal company limited

irlam sheet metal company limited Company Information

Share IRLAM SHEET METAL COMPANY LIMITED
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MatureMicroDeclining

Company Number

01278253

Industry

Manufacture of metal structures and parts of structures

 

Manufacture of other fabricated metal products n.e.c.

 

Shareholders

adrian wild

sheila wild

Group Structure

View All

Contact

Registered Address

albion works, hayes road, cadishead, manchester,, lancashire, M44 5BU

irlam sheet metal company limited Estimated Valuation

£206k

Pomanda estimates the enterprise value of IRLAM SHEET METAL COMPANY LIMITED at £206k based on a Turnover of £431.7k and 0.48x industry multiple (adjusted for size and gross margin).

irlam sheet metal company limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IRLAM SHEET METAL COMPANY LIMITED at £0 based on an EBITDA of £-47.5k and a 3.57x industry multiple (adjusted for size and gross margin).

irlam sheet metal company limited Estimated Valuation

£104k

Pomanda estimates the enterprise value of IRLAM SHEET METAL COMPANY LIMITED at £104k based on Net Assets of £52.1k and 2x industry multiple (adjusted for liquidity).

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Irlam Sheet Metal Company Limited Overview

Irlam Sheet Metal Company Limited is a live company located in lancashire, M44 5BU with a Companies House number of 01278253. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in September 1976, it's largest shareholder is adrian wild with a 80% stake. Irlam Sheet Metal Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £431.7k with declining growth in recent years.

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Irlam Sheet Metal Company Limited Health Check

Pomanda's financial health check has awarded Irlam Sheet Metal Company Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £431.7k, make it smaller than the average company (£13.5m)

£431.7k - Irlam Sheet Metal Company Limited

£13.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (7.5%)

-29% - Irlam Sheet Metal Company Limited

7.5% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)

26.4% - Irlam Sheet Metal Company Limited

26.4% - Industry AVG

profitability

Profitability

an operating margin of -13.3% make it less profitable than the average company (6.1%)

-13.3% - Irlam Sheet Metal Company Limited

6.1% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (78)

7 - Irlam Sheet Metal Company Limited

78 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)

£41.3k - Irlam Sheet Metal Company Limited

£41.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.7k, this is less efficient (£161.9k)

£61.7k - Irlam Sheet Metal Company Limited

£161.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (62 days)

20 days - Irlam Sheet Metal Company Limited

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (50 days)

69 days - Irlam Sheet Metal Company Limited

50 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 21 days, this is less than average (54 days)

21 days - Irlam Sheet Metal Company Limited

54 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (13 weeks)

23 weeks - Irlam Sheet Metal Company Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 87.1%, this is a higher level of debt than the average (51.8%)

87.1% - Irlam Sheet Metal Company Limited

51.8% - Industry AVG

IRLAM SHEET METAL COMPANY LIMITED financials

EXPORTms excel logo

Irlam Sheet Metal Company Limited's latest turnover from September 2023 is estimated at £431.7 thousand and the company has net assets of £52.1 thousand. According to their latest financial statements, Irlam Sheet Metal Company Limited has 7 employees and maintains cash reserves of £104.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover431,657384,529516,4251,222,0331,030,931887,857574,476434,942474,934569,927592,244544,226539,030747,6300
Other Income Or Grants000000000000000
Cost Of Sales317,893281,869383,697892,048747,957642,381407,165307,143334,115408,490423,358391,901385,867526,6620
Gross Profit113,764102,660132,728329,985282,974245,476167,311127,799140,818161,438168,886152,325153,162220,9670
Admin Expenses170,98988,14693,306330,911236,347231,572166,114186,265238,818193,360159,22069,282198,635140,922-164,752
Operating Profit-57,22514,51439,422-92646,62713,9041,197-58,466-98,000-31,9229,66683,043-45,47380,045164,752
Interest Payable3,7856,5253,633000000000000
Interest Receivable8,6634,3908200080199496643723530429402166
Pre-Tax Profit-52,34712,37935,872-92646,62713,9041,277-58,267-97,504-31,27910,38883,572-45,04480,447164,918
Tax0-2,352-6,8160-8,859-2,642-243000-2,389-20,0570-22,525-46,177
Profit After Tax-52,34710,02729,056-92637,76811,2621,034-58,267-97,504-31,2797,99963,515-45,04457,922118,741
Dividends Paid000000000000000
Retained Profit-52,34710,02729,056-92637,76811,2621,034-58,267-97,504-31,2797,99963,515-45,04457,922118,741
Employee Costs289,282303,800290,024295,248293,164244,542239,031135,159131,815160,902159,056156,021151,721237,6050
Number Of Employees788887744555580
EBITDA*-47,54422,90139,422-92646,62713,9041,197-52,796-90,785-23,11120,48089,758-38,72186,655173,271

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets70,84333,55336,19622,17526,27031,48732,18523,31926,99131,40635,40724,25423,22323,02229,745
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets70,84333,55336,19622,17526,27031,48732,18523,31926,99131,40635,40724,25423,22323,02229,745
Stock & work in progress18,5429,1705,00000005,00064030,531545530503553522
Trade Debtors24,73435,518130,516264,101211,386171,15988,56775,17298,748136,568131,110148,877150,359200,948106,144
Group Debtors000000000000000
Misc Debtors184,474145,942145,53018,08414,8140000045,7752525250
Cash104,601225,416164,826000063,88795,552102,728154,324134,75977,04194,71566,243
misc current assets0000016,09915,65400000000
total current assets332,351416,046445,872282,185226,200187,258104,221144,059194,940269,827331,754284,191227,928296,241172,909
total assets403,194449,599482,068304,360252,470218,745136,406167,378221,931301,233367,161308,445251,151319,263202,654
Bank overdraft10,05610,84938,843000000000000
Bank loan000000000000000
Trade Creditors 60,86213,79017,097180,871172,009176,05294,975147,854142,930123,984157,555108,546115,719138,86482,655
Group/Directors Accounts00000000000252500
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities162,059292,340251,472000000000000
total current liabilities232,977316,979307,412180,871172,009176,05294,975147,854142,930123,984157,555108,571115,744138,86482,655
loans18,16028,21680,279000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities100,0000058,26814,31414,31424,31400000000
provisions00000003,3414,5515,2956,3734,6403,6883,6361,158
total long term liabilities118,16028,21680,27958,26814,31414,31424,3143,3414,5515,2956,3734,6403,6883,6361,158
total liabilities351,137345,195387,691239,139186,323190,366119,289151,195147,481129,279163,928113,211119,432142,50083,813
net assets52,057104,40494,37765,22166,14728,37917,11716,18374,450171,954203,233195,234131,719176,763118,841
total shareholders funds52,057104,40494,37765,22166,14728,37917,11716,18374,450171,954203,233195,234131,719176,763118,841
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-57,22514,51439,422-92646,62713,9041,197-58,466-98,000-31,9229,66683,043-45,47380,045164,752
Depreciation9,6818,387000005,6707,2158,81110,8146,7156,7526,6108,519
Amortisation000000000000000
Tax0-2,352-6,8160-8,859-2,642-243000-2,389-20,0570-22,525-46,177
Stock9,3724,1705,000000-5,0004,360-29,89129,9861527-5031522
Debtors27,748-94,586-6,13955,98555,04182,59213,395-23,576-37,820-40,31727,983-1,482-50,58994,829106,144
Creditors47,072-3,307-163,7748,862-4,04381,077-52,8794,92418,946-33,57149,009-7,173-23,14556,20982,655
Accruals and Deferred Income-130,28140,868251,472000000000000
Deferred Taxes & Provisions000000-3,341-1,210-744-1,0781,733952522,4781,158
Cash flow from operations-167,873148,526121,443-48,049-21,3169,747-63,661-29,866-4,872-47,42940,83564,935-11,17527,957104,241
Investing Activities
capital expenditure-46,971-5,744-14,0214,0955,217698-8,866-1,998-2,800-4,810-21,967-7,746-6,953113-38,264
Change in Investments000000000000000
cash flow from investments-46,971-5,744-14,0214,0955,217698-8,866-1,998-2,800-4,810-21,967-7,746-6,953113-38,264
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000000000-2502500
Other Short Term Loans 000000000000000
Long term loans-10,056-52,06380,279000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities100,0000-58,26843,9540-10,00024,31400000000
share issue00100000-1000000000100
interest4,878-2,135-3,55100080199496643723530429402166
cash flow from financing94,822-54,19818,56043,9540-10,00024,294199496643698530454402266
cash and cash equivalents
cash-120,81560,590164,826000-63,887-31,665-7,176-51,59619,56557,718-17,67428,47266,243
overdraft-793-27,99438,843000000000000
change in cash-120,02288,584125,983000-63,887-31,665-7,176-51,59619,56557,718-17,67428,47266,243

irlam sheet metal company 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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Irlam Sheet Metal Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for irlam sheet metal company limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in M44 area or any other competitors across 12 key performance metrics.

irlam sheet metal company limited Ownership

IRLAM SHEET METAL COMPANY LIMITED group structure

Irlam Sheet Metal Company Limited has no subsidiary companies.

Ultimate parent company

IRLAM SHEET METAL COMPANY LIMITED

01278253

IRLAM SHEET METAL COMPANY LIMITED Shareholders

adrian wild 80%
sheila wild 20%

irlam sheet metal company limited directors

Irlam Sheet Metal Company Limited currently has 2 directors. The longest serving directors include Mr Adrian Wild (Apr 1994) and Mrs Sheila Wild (Jul 2016).

officercountryagestartendrole
Mr Adrian WildUnited Kingdom52 years Apr 1994- Director
Mrs Sheila Wild76 years Jul 2016- Director

P&L

September 2023

turnover

431.7k

+12%

operating profit

-57.2k

0%

gross margin

26.4%

-1.28%

turnover

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

Balance Sheet

September 2023

net assets

52.1k

-0.5%

total assets

403.2k

-0.1%

cash

104.6k

-0.54%

net assets

Total assets minus all liabilities

irlam sheet metal company limited company details

company number

01278253

Type

Private limited with Share Capital

industry

25110 - Manufacture of metal structures and parts of structures

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

September 1976

age

49

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

albion works, hayes road, cadishead, manchester,, lancashire, M44 5BU

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

irlam sheet metal company 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 irlam sheet metal company limited.

irlam sheet metal company 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.

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irlam sheet metal company limited Companies House Filings - See Documents

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