still materials handling limited

3.5

still materials handling limited Company Information

Share STILL MATERIALS HANDLING LIMITED
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Company Number

01463301

Registered Address

unit 4, jacks way, hill barton business, exeter, EX5 1FG

Industry

Agents involved in the sale of machinery, industrial equipment, ships and aircraft

 

Telephone

03456036827

Next Accounts Due

September 2025

Group Structure

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Directors

Gillian Reed8 Years

Christophe Lautray3 Years

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Shareholders

linde material handling gmbh 55.8%

still gmbh 22.7%

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still materials handling limited Estimated Valuation

£39.9m

Pomanda estimates the enterprise value of STILL MATERIALS HANDLING LIMITED at £39.9m based on a Turnover of £79.8m and 0.5x industry multiple (adjusted for size and gross margin).

still materials handling limited Estimated Valuation

£38.9m

Pomanda estimates the enterprise value of STILL MATERIALS HANDLING LIMITED at £38.9m based on an EBITDA of £7.1m and a 5.5x industry multiple (adjusted for size and gross margin).

still materials handling limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STILL MATERIALS HANDLING LIMITED at £0 based on Net Assets of £-23.3m and 1.82x industry multiple (adjusted for liquidity).

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Still Materials Handling Limited Overview

Still Materials Handling Limited is a live company located in exeter, EX5 1FG with a Companies House number of 01463301. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in November 1979, it's largest shareholder is linde material handling gmbh with a 55.7% stake. Still Materials Handling Limited is a mature, large sized company, Pomanda has estimated its turnover at £79.8m with healthy growth in recent years.

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Still Materials Handling Limited Health Check

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

Health Check Image
Health Rating3.5out of 5
positive_score

6 Strong

positive_score

0 Regular

positive_score

6 Weak

size

Size

annual sales of £79.8m, make it larger than the average company (£16.7m)

£79.8m - Still Materials Handling Limited

£16.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6%)

13% - Still Materials Handling Limited

6% - Industry AVG

production

Production

with a gross margin of 14.1%, this company has a higher cost of product (26.5%)

14.1% - Still Materials Handling Limited

26.5% - Industry AVG

profitability

Profitability

an operating margin of 4% make it less profitable than the average company (5.8%)

4% - Still Materials Handling Limited

5.8% - Industry AVG

employees

Employees

with 177 employees, this is above the industry average (33)

177 - Still Materials Handling Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £64.6k, the company has a higher pay structure (£49.7k)

£64.6k - Still Materials Handling Limited

£49.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £451k, this is more efficient (£352.3k)

£451k - Still Materials Handling Limited

£352.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is earlier than average (49 days)

36 days - Still Materials Handling Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (35 days)

3 days - Still Materials Handling Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 40 days, this is less than average (80 days)

40 days - Still Materials Handling Limited

80 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)

1 weeks - Still Materials Handling Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 173.5%, this is a higher level of debt than the average (61.4%)

173.5% - Still Materials Handling Limited

61.4% - Industry AVG

STILL MATERIALS HANDLING LIMITED financials

EXPORTms excel logo

Still Materials Handling Limited's latest turnover from December 2023 is £79.8 million and the company has net assets of -£23.3 million. According to their latest financial statements, Still Materials Handling Limited has 177 employees and maintains cash reserves of £691 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover79,828,00053,125,00055,370,00055,243,00064,300,00050,735,00069,016,00059,026,00052,996,00047,884,00045,842,00048,923,00044,356,00038,033,00032,636,000
Other Income Or Grants000000000000000
Cost Of Sales68,562,00045,424,00046,598,00050,365,00055,985,00044,612,00056,988,00049,770,00043,509,00041,098,00039,434,00043,101,00038,115,00036,330,00027,712,000
Gross Profit11,266,0007,701,0008,772,0004,878,0008,315,0006,123,00012,028,0009,256,0009,487,0006,786,0006,408,0005,822,0006,241,0001,703,0004,924,000
Admin Expenses8,091,0006,551,0007,093,0006,222,0006,955,0007,423,00010,161,0007,443,0007,467,0006,868,0006,879,0006,834,0005,656,0006,306,0008,369,000
Operating Profit3,175,0001,150,0001,679,000-1,344,0001,360,000-1,300,0001,867,0001,813,0002,020,000-82,000-471,000-1,012,000585,000-4,603,000-3,445,000
Interest Payable1,856,0001,295,000987,0001,060,0001,338,0001,386,0001,501,0001,932,0002,168,0002,027,0001,834,0001,416,0001,298,000596,0001,392,000
Interest Receivable12,000000000215,000190,000198,000192,000202,000396,000561,000489,000
Pre-Tax Profit1,331,000-145,000692,000-2,404,00022,000-2,686,000366,00096,00042,000-1,911,000-2,112,000-2,226,000-569,000-5,685,000-4,348,000
Tax1,186,000-251,000632,000-379,000236,000-1,249,0000-681,000574,000663,0000001,847,0000
Profit After Tax2,517,000-396,0001,324,000-2,783,000258,000-3,935,000366,000-585,000616,000-1,248,000-2,112,000-2,226,000-569,000-3,838,000-4,348,000
Dividends Paid000000000000000
Retained Profit2,517,000-396,0001,324,000-2,783,000258,000-3,935,000366,000-585,000616,000-1,248,000-2,112,000-2,226,000-569,000-3,838,000-4,348,000
Employee Costs11,428,0009,559,0009,011,0008,297,0009,828,00010,005,0009,807,0008,924,0008,550,0007,757,0007,554,0007,514,0006,600,0006,914,0008,238,000
Number Of Employees177176182188197214213211201196201196190200241
EBITDA*7,061,0005,382,0005,995,0002,251,0005,531,0003,125,0006,443,0006,853,0006,644,0004,166,0003,506,0002,615,0004,854,0001,701,0002,384,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets10,078,00011,241,00012,190,00011,988,00014,130,00015,268,00011,722,00013,735,00014,149,00012,486,00010,438,0007,506,0007,429,0008,921,00012,838,000
Intangible Assets000000490,0001,250,0002,010,0002,770,0003,530,0004,290,0005,048,0005,808,0006,568,000
Investments & Other844,00078,000000000000000720,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets10,922,00011,319,00012,190,00011,988,00014,130,00015,268,00012,212,00014,985,00016,159,00015,256,00013,968,00011,796,00012,477,00014,729,00020,126,000
Stock & work in progress7,574,0006,758,0005,660,0006,660,0004,787,0004,607,0003,607,0004,676,0005,193,0003,450,0002,494,0002,492,0005,406,0002,291,0003,118,000
Trade Debtors8,015,0008,561,0006,466,0007,804,0008,876,00010,058,0007,830,0007,181,0006,409,0006,507,0005,654,0004,917,0006,416,0006,733,0009,282,000
Group Debtors4,155,0004,524,0001,473,0002,275,0005,031,0006,590,000762,0002,150,0002,395,000947,000668,000814,00035,0002,170,0008,000
Misc Debtors293,000610,000985,000566,000758,000592,0001,123,000860,0001,981,000621,000599,000643,0001,233,0002,096,0001,525,000
Cash691,000372,000829,0001,240,0002,295,000249,000402,000391,00022,000281,00096,000293,00070,00067,00084,000
misc current assets000000000000000
total current assets20,728,00020,825,00015,413,00018,545,00021,747,00022,096,00013,724,00015,258,00016,000,00011,806,0009,511,0009,159,00013,160,00013,357,00014,017,000
total assets31,650,00032,144,00027,603,00030,533,00035,877,00037,364,00025,936,00030,243,00032,159,00027,062,00023,479,00020,955,00025,637,00028,086,00034,143,000
Bank overdraft00000000009,0005,00012,00027,0006,000
Bank loan000000000000000
Trade Creditors 722,0001,690,000588,000316,0001,418,0001,691,0002,026,0002,214,0004,072,0001,988,0002,608,0002,692,0002,715,0001,365,0002,492,000
Group/Directors Accounts9,248,00030,366,00029,584,00035,307,00033,985,00032,225,00021,160,00024,492,00023,201,00022,781,00021,818,00019,426,00019,064,00019,110,00016,055,000
other short term finances000000000000000
hp & lease commitments776,000469,000300,000469,000678,0004,477,0003,648,0003,616,0003,702,0003,014,000251,00093,0001,535,0001,585,0001,927,000
other current liabilities13,490,00010,616,0006,769,0005,451,0006,029,0007,341,0006,076,0003,615,0004,130,0004,361,0003,686,0004,829,0006,954,0009,690,00011,306,000
total current liabilities24,236,00043,141,00037,241,00041,543,00042,110,00045,734,00032,910,00033,937,00035,105,00032,144,00028,372,00027,045,00030,280,00031,777,00031,786,000
loans21,600,0004,600,0004,600,0004,600,0004,600,0004,600,0004,600,0004,600,0004,600,0004,600,00011,285,0009,030,0004,600,0004,600,0005,320,000
hp & lease commitments8,425,0009,794,00010,537,00010,159,00012,148,0009,581,0006,985,0009,173,00010,840,0009,614,0001,194,00024,0003,600,0003,723,0005,196,000
Accruals and Deferred Income000000000000000
other liabilities00421,000247,000428,000004,00011,00026,00026,00034,000001,000
provisions653,000166,0000000000000000
total long term liabilities30,678,00014,560,00017,294,00017,248,00020,091,00016,928,00015,148,00017,824,00018,080,00017,162,00015,288,00011,299,0009,801,00010,580,00012,487,000
total liabilities54,914,00057,701,00054,535,00058,791,00062,201,00062,662,00048,058,00051,761,00053,185,00049,306,00043,660,00038,344,00040,081,00042,357,00044,273,000
net assets-23,264,000-25,557,000-26,932,000-28,258,000-26,324,000-25,298,000-22,122,000-21,518,000-21,026,000-22,244,000-20,181,000-17,389,000-14,444,000-14,271,000-10,130,000
total shareholders funds-23,264,000-25,557,000-26,932,000-28,258,000-26,324,000-25,298,000-22,122,000-21,518,000-21,026,000-22,244,000-20,181,000-17,389,000-14,444,000-14,271,000-10,130,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,175,0001,150,0001,679,000-1,344,0001,360,000-1,300,0001,867,0001,813,0002,020,000-82,000-471,000-1,012,000585,000-4,603,000-3,445,000
Depreciation3,886,0004,232,0004,316,0003,595,0004,171,0003,935,0003,816,0004,280,0003,864,0003,488,0003,217,0003,624,0003,509,0005,544,0005,030,000
Amortisation00000490,000760,000760,000760,000760,000760,0003,000760,000760,000799,000
Tax1,186,000-251,000632,000-379,000236,000-1,249,0000-681,000574,000663,0000001,847,0000
Stock816,0001,098,000-1,000,0001,873,000180,0001,000,000-1,069,000-517,0001,743,000956,0002,000-2,914,0003,115,000-827,0003,118,000
Debtors-1,232,0004,771,000-1,721,000-4,020,000-2,575,0007,525,000-476,000-594,0002,710,0001,154,000547,000-1,310,000-3,315,000184,00010,815,000
Creditors-968,0001,102,000272,000-1,102,000-273,000-335,000-188,000-1,858,0002,084,000-620,000-84,000-23,0001,350,000-1,127,0002,492,000
Accruals and Deferred Income2,874,0003,847,0001,318,000-578,000-1,312,0001,265,0002,461,000-515,000-231,000675,000-1,143,000-2,125,000-2,736,000-1,616,00011,306,000
Deferred Taxes & Provisions487,000166,0000000000000000
Cash flow from operations11,056,0004,377,00010,938,0002,339,0006,577,000-5,719,00010,261,0004,910,0004,618,0002,774,0001,730,0004,691,0003,668,0001,448,0002,249,000
Investing Activities
capital expenditure-2,723,000-3,283,000-4,518,000-1,453,000-3,033,000-7,481,000-1,803,0000-5,527,000-5,536,000-6,149,000-2,946,000-2,017,000-1,627,000-25,235,000
Change in Investments766,00078,00000000000000-720,000720,000
cash flow from investments-3,489,000-3,361,000-4,518,000-1,453,000-3,033,000-7,481,000-1,803,0000-5,527,000-5,536,000-6,149,000-2,946,000-2,017,000-907,000-25,955,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-21,118,000782,000-5,723,0001,322,0001,760,00011,065,000-3,332,0001,291,000420,000963,0002,392,000362,000-46,0003,055,00016,055,000
Other Short Term Loans 000000000000000
Long term loans17,000,00000000000-6,685,0002,255,0004,430,0000-720,0005,320,000
Hire Purchase and Lease Commitments-1,062,000-574,000209,000-2,198,000-1,232,0003,425,000-2,156,000-1,753,0001,914,00011,183,0001,328,000-5,018,000-173,000-1,815,0007,123,000
other long term liabilities0-421,000174,000-181,000428,0000-4,000-7,000-15,0000-8,00034,0000-1,0001,000
share issue-224,0001,771,0002,000849,000-1,284,000759,000-970,00093,000602,000-815,000-680,000-719,000396,000-303,000-5,782,000
interest-1,844,000-1,295,000-987,000-1,060,000-1,338,000-1,386,000-1,501,000-1,717,000-1,978,000-1,829,000-1,642,000-1,214,000-902,000-35,000-903,000
cash flow from financing-7,248,000263,000-6,325,000-1,268,000-1,666,00013,863,000-7,963,000-2,093,000943,0002,817,0003,645,000-2,125,000-725,000181,00021,814,000
cash and cash equivalents
cash319,000-457,000-411,000-1,055,0002,046,000-153,00011,000369,000-259,000185,000-197,000223,0003,000-17,00084,000
overdraft000000000-9,0004,000-7,000-15,00021,0006,000
change in cash319,000-457,000-411,000-1,055,0002,046,000-153,00011,000369,000-259,000194,000-201,000230,00018,000-38,00078,000

still materials handling 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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Still Materials Handling Limited Competitor Analysis

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still materials handling limited Ownership

STILL MATERIALS HANDLING LIMITED group structure

Still Materials Handling Limited has no subsidiary companies.

Ultimate parent company

KION GROUP AG

#0083725

2 parents

STILL MATERIALS HANDLING LIMITED

01463301

STILL MATERIALS HANDLING LIMITED Shareholders

linde material handling gmbh 55.75%
still gmbh 22.65%
linde holdings ltd 21.6%
unternehmens verwaltung hans still gmbh 0%

still materials handling limited directors

Still Materials Handling Limited currently has 5 directors. The longest serving directors include Mrs Gillian Reed (Aug 2015) and Mr Christophe Lautray (Jan 2021).

officercountryagestartendrole
Mrs Gillian ReedEngland48 years Aug 2015- Director
Mr Christophe LautrayEngland62 years Jan 2021- Director
Mr Alexander Lagler45 years Jan 2021- Director
Mr Marcel Ludwig43 years Apr 2023- Director
Mr Eamonn Parker46 years Oct 2023- Director

P&L

December 2023

turnover

79.8m

+50%

operating profit

3.2m

+176%

gross margin

14.2%

-2.64%

turnover

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

Balance Sheet

December 2023

net assets

-23.3m

-0.09%

total assets

31.7m

-0.02%

cash

691k

+0.86%

net assets

Total assets minus all liabilities

still materials handling limited company details

company number

01463301

Type

Private limited with Share Capital

industry

46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft

incorporation date

November 1979

age

45

accounts

Full Accounts

ultimate parent company

KION GROUP AG

previous names

N/A

incorporated

UK

address

unit 4, jacks way, hill barton business, exeter, EX5 1FG

last accounts submitted

December 2023

still materials handling 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 still materials handling limited.

charges

still materials handling limited Companies House Filings - See Documents

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