salamon & seaber limited

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salamon & seaber limited Company Information

Share SALAMON & SEABER LIMITED

Company Number

01475631

Shareholders

eurofins food testing uk holding limited

Group Structure

View All

Industry

Technical testing and analysis

 

Registered Address

i54 business park valiant way, wolverhampton, WV9 5GB

salamon & seaber limited Estimated Valuation

£795.8k

Pomanda estimates the enterprise value of SALAMON & SEABER LIMITED at £795.8k based on a Turnover of £826.8k and 0.96x industry multiple (adjusted for size and gross margin).

salamon & seaber limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SALAMON & SEABER LIMITED at £0 based on an EBITDA of £-6.1k and a 6.55x industry multiple (adjusted for size and gross margin).

salamon & seaber limited Estimated Valuation

£558.1k

Pomanda estimates the enterprise value of SALAMON & SEABER LIMITED at £558.1k based on Net Assets of £266.1k and 2.1x industry multiple (adjusted for liquidity).

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Salamon & Seaber Limited Overview

Salamon & Seaber Limited is a live company located in wolverhampton, WV9 5GB with a Companies House number of 01475631. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in January 1980, it's largest shareholder is eurofins food testing uk holding limited with a 100% stake. Salamon & Seaber Limited is a mature, small sized company, Pomanda has estimated its turnover at £826.8k with declining growth in recent years.

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Salamon & Seaber Limited Health Check

Pomanda's financial health check has awarded Salamon & Seaber 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

1 Regular

positive_score

6 Weak

size

Size

annual sales of £826.8k, make it smaller than the average company (£5.1m)

£826.8k - Salamon & Seaber Limited

£5.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3.3%)

-5% - Salamon & Seaber Limited

3.3% - Industry AVG

production

Production

with a gross margin of 64.2%, this company has a lower cost of product (44.6%)

64.2% - Salamon & Seaber Limited

44.6% - Industry AVG

profitability

Profitability

an operating margin of -2.4% make it less profitable than the average company (5.6%)

-2.4% - Salamon & Seaber Limited

5.6% - Industry AVG

employees

Employees

with 13 employees, this is below the industry average (37)

13 - Salamon & Seaber Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.5k, the company has an equivalent pay structure (£45.5k)

£45.5k - Salamon & Seaber Limited

£45.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63.6k, this is less efficient (£106.4k)

£63.6k - Salamon & Seaber Limited

£106.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (57 days)

70 days - Salamon & Seaber Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 50 days, this is slower than average (29 days)

50 days - Salamon & Seaber Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Salamon & Seaber Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (15 weeks)

35 weeks - Salamon & Seaber Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.8%, this is a lower level of debt than the average (58.9%)

36.8% - Salamon & Seaber Limited

58.9% - Industry AVG

SALAMON & SEABER LIMITED financials

EXPORTms excel logo

Salamon & Seaber Limited's latest turnover from September 2023 is £826.8 thousand and the company has net assets of £266.1 thousand. According to their latest financial statements, Salamon & Seaber Limited has 13 employees and maintains cash reserves of £107.4 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
Turnover826,770818,8561,117,271968,401808,168821,536904,164990,6271,224,5291,061,5661,000,596716,560866,830857,811958,781
Other Income Or Grants
Cost Of Sales295,807296,010581,078501,118415,690448,879521,673489,251580,235508,864455,285356,862471,383490,478560,977
Gross Profit530,963522,846536,193467,283392,478372,656382,490501,377644,294552,702545,311359,698395,447367,333397,804
Admin Expenses550,522467,788445,747445,877387,413484,907426,451645,817646,466472,994456,329387,526414,295418,740410,979
Operating Profit-19,55955,05890,44621,4065,065-112,251-43,961-144,440-2,17279,70888,982-27,828-18,848-51,407-13,175
Interest Payable1031451,2311,08918
Interest Receivable86474401360195528847372678133680
Pre-Tax Profit-18,69555,02990,48621,2733,835-113,340-43,919-144,245-1,64479,79289,055-27,102-18,770-51,274-12,495
Tax40,420-17,192-4,042-7292,15315,256
Profit After Tax21,72555,02973,29417,2313,106-113,340-43,919-144,245-1,64481,945104,311-27,102-18,770-51,274-12,495
Dividends Paid
Retained Profit21,72555,02973,29417,2313,106-113,340-43,919-144,245-1,64481,945104,311-27,102-18,770-51,274-12,495
Employee Costs591,807556,342565,091600,056547,097611,565635,510693,894539,689457,459477,286338,424407,442353,934
Number Of Employees1313141414161719151314101211
EBITDA*-6,05767,873101,59532,39017,917-89,231-14,468-89,12650,604131,280100,670-18,951-4,907-33,5258,487

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets52,01964,93267,91169,98079,62890,836112,603141,689191,177213,51626,67010,97018,77125,02035,119
Intangible Assets
Investments & Other
Debtors (Due After 1 year)40,420
Total Fixed Assets92,43964,93267,91169,98079,62890,836112,603141,689191,177213,51626,67010,97018,77125,02035,119
Stock & work in progress
Trade Debtors159,702234,414193,410143,550122,956120,109147,486140,953243,689167,638163,413140,802122,212113,508155,129
Group Debtors
Misc Debtors61,74645,88257,27340,97344,00724,29639,23954,53598,89422,0328,4176,1768,535
Cash107,38820,76154,75325,32469495347,768108,127103,049169,403131,035159,174178,721192,902
misc current assets
total current assets328,836301,057305,436209,847167,032144,454186,778243,256351,816369,581354,848271,837289,803298,405356,566
total assets421,275365,989373,347279,827246,660235,290299,381384,945542,993583,097381,518282,807308,574323,425391,685
Bank overdraft4,76631,698577
Bank loan
Trade Creditors 40,54941,00992,62573,81946,57435,87930,70735,882124,942140,72637,11670,15439,49839,73045,762
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities114,58080,55991,33089,91096,45371,95258,99696,04327,43829,32125,17036,124
total current liabilities155,129121,568183,955163,729147,793139,52990,280131,925124,942140,72664,55470,15468,81964,90081,886
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities20,78643,462
provisions
total long term liabilities20,78643,462
total liabilities155,129121,568183,955163,729147,793139,52990,280131,925145,728184,18864,55470,15468,81964,90081,886
net assets266,146244,421189,392116,09898,86795,761209,101253,020397,265398,909316,964212,653239,755258,525309,799
total shareholders funds266,146244,421189,392116,09898,86795,761209,101253,020397,265398,909316,964212,653239,755258,525309,799
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-19,55955,05890,44621,4065,065-112,251-43,961-144,440-2,17279,70888,982-27,828-18,848-51,407-13,175
Depreciation13,50212,81511,14910,98412,85223,02029,49355,31452,77651,57211,6888,87713,94117,88221,662
Amortisation
Tax40,420-17,192-4,042-7292,15315,256
Stock
Debtors-18,42829,61366,16017,56022,558-42,320-8,763-48,201-22,84381,08744,64310,17310,945-43,980163,664
Creditors-460-51,61618,80627,24510,6955,172-5,175-89,060-15,784103,610-33,03830,656-232-6,03245,762
Accruals and Deferred Income34,021-10,7711,420-6,54324,50112,956-37,04796,043-27,43827,438-29,3214,151-10,95436,124
Deferred Taxes & Provisions
Cash flow from operations86,352-24,12738,46931,49029,826-28,783-47,927-33,94257,663128,51865,683-27,789-11,933-6,531-73,291
Investing Activities
capital expenditure-589-9,836-9,080-1,336-1,644-1,253-407-5,826-30,437-238,418-27,388-1,076-7,692-7,783-56,781
Change in Investments
cash flow from investments-589-9,836-9,080-1,336-1,644-1,253-407-5,826-30,437-238,418-27,388-1,076-7,692-7,783-56,781
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-20,786-22,67643,462
share issue322,294
interest864-2940-132-1,231-1,08942195528847372678133680
cash flow from financing864-2940-132-1,231-1,08942-20,591-22,14843,5467372678133322,974
cash and cash equivalents
cash86,627-33,99229,42925,25520-4-47,715-60,3595,078-66,35438,368-28,139-19,547-14,181192,902
overdraft-4,766-26,93231,121577
change in cash86,627-33,99229,42930,02126,952-31,125-48,292-60,3595,078-66,35438,368-28,139-19,547-14,181192,902

salamon & seaber 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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Salamon & Seaber Limited Competitor Analysis

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Perform a competitor analysis for salamon & seaber limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WV9 area or any other competitors across 12 key performance metrics.

salamon & seaber limited Ownership

SALAMON & SEABER LIMITED group structure

Salamon & Seaber Limited has no subsidiary companies.

Ultimate parent company

SALAMON & SEABER LIMITED

01475631

SALAMON & SEABER LIMITED Shareholders

eurofins food testing uk holding limited 100%

salamon & seaber limited directors

Salamon & Seaber Limited currently has 2 directors. The longest serving directors include Mr Mark Carnaghan (Mar 2024) and Mr Ranbir Bhalla (Feb 2025).

officercountryagestartendrole
Mr Mark CarnaghanEngland44 years Mar 2024- Director
Mr Ranbir BhallaEngland53 years Feb 2025- Director

P&L

September 2023

turnover

826.8k

+1%

operating profit

-19.6k

-136%

gross margin

64.3%

+0.58%

turnover

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

Balance Sheet

September 2023

net assets

266.1k

+0.09%

total assets

421.3k

+0.15%

cash

107.4k

+4.17%

net assets

Total assets minus all liabilities

salamon & seaber limited company details

company number

01475631

Type

Private limited with Share Capital

industry

71200 - Technical testing and analysis

incorporation date

January 1980

age

45

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

ALLIOTTS LLP

auditor

-

address

i54 business park valiant way, wolverhampton, WV9 5GB

Bank

BARCLAYS BANK PLC

Legal Advisor

-

salamon & seaber 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 2 charges/mortgages relating to salamon & seaber limited. Currently there are 0 open charges and 2 have been satisfied in the past.

salamon & seaber 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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salamon & seaber limited Companies House Filings - See Documents

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