Pomanda estimates the enterprise value of SHORTS INDUSTRIES LIMITED at £8.6m based on a Turnover of £14.9m and 0.58x industry multiple (adjusted for size and gross margin).
shorts industries limitedEstimated Valuation
£14.1m
Pomanda estimates the enterprise value of SHORTS INDUSTRIES LIMITED at £14.1m based on an EBITDA of £2.4m and a 5.83x industry multiple (adjusted for size and gross margin).
shorts industries limitedEstimated Valuation
£14.8m
Pomanda estimates the enterprise value of SHORTS INDUSTRIES LIMITED at £14.8m based on Net Assets of £6.6m and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Shorts Industries LimitedOverview
Shorts Industries Limited is a live company located in bradford, BD1 4SF with a Companies House number of 01670669. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in October 1982, it's largest shareholder is
kiplun europe bv
with a 100% stake. Shorts Industries Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£14.9m with
high
growth in recent years.
Pomanda's financial health check has awarded Shorts Industries Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £14.9m, make it in line with the average company (£16.1m)
£14.9m - Shorts Industries Limited
£16.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.5%)
19% - Shorts Industries Limited
8.5% - Industry AVG
Production
with a gross margin of 36.9%, this company has a lower cost of product (29.1%)
36.9% - Shorts Industries Limited
29.1% - Industry AVG
Profitability
an operating margin of 15.5% make it more profitable than the average company (5.2%)
15.5% - Shorts Industries Limited
5.2% - Industry AVG
Employees
with 61 employees, this is above the industry average (43)
61 - Shorts Industries Limited
43 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£51.5k)
£43.6k - Shorts Industries Limited
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £244.7k, this is less efficient (£368.7k)
£244.7k - Shorts Industries Limited
£368.7k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (61 days)
52 days - Shorts Industries Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (34 days)
49 days - Shorts Industries Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is in line with average (69 days)
55 days - Shorts Industries Limited
69 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Shorts Industries Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.2%, this is a higher level of debt than the average (54.4%)
66.2% - Shorts Industries Limited
54.4% - Industry AVG
SHORTS INDUSTRIES LIMITED financials
EXPORT
Shorts Industries Limited's latest turnover from December 2023 is £14.9 million and the company has net assets of £6.6 million. According to their latest financial statements, Shorts Industries Limited has 61 employees and maintains cash reserves of £552 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
14,926,000
13,128,000
11,797,000
8,752,000
9,049,000
8,366,000
7,723,000
7,505,000
5,923,000
5,260,000
5,379,857
4,255,855
4,480,520
3,331,508
3,640,025
Other Income Or Grants
Cost Of Sales
9,419,000
8,159,000
7,424,000
5,373,000
5,561,000
5,099,000
4,723,000
4,622,000
3,299,000
3,115,000
3,412,318
2,721,680
3,041,230
2,264,147
2,560,006
Gross Profit
5,507,000
4,969,000
4,373,000
3,379,000
3,488,000
3,267,000
3,000,000
2,883,000
2,624,000
2,145,000
1,967,539
1,534,175
1,439,290
1,067,361
1,080,019
Admin Expenses
3,199,000
2,787,000
2,022,000
2,057,000
2,031,000
1,638,000
1,467,000
1,357,000
1,264,000
1,189,000
1,177,149
1,385,800
1,294,430
932,947
830,608
Operating Profit
2,308,000
2,182,000
2,351,000
1,322,000
1,457,000
1,629,000
1,533,000
1,526,000
1,360,000
956,000
790,390
148,375
144,860
134,414
249,411
Interest Payable
47,000
73,000
19,000
58,000
33,000
4,000
1,000
507
40
Interest Receivable
118,000
46,000
18,000
14,000
17,000
22,000
11,000
3,469
3,252
3,731
5,004
7,935
Pre-Tax Profit
2,261,000
2,109,000
2,450,000
1,264,000
1,470,000
1,647,000
1,543,000
1,543,000
1,381,000
967,000
793,352
151,587
148,591
136,823
257,346
Tax
-536,000
-427,000
-379,000
-251,000
-283,000
-315,000
-300,000
-315,000
-285,000
-212,000
-171,531
-49,432
-377,803
5,249
-10,500
Profit After Tax
1,725,000
1,682,000
2,071,000
1,013,000
1,187,000
1,332,000
1,243,000
1,228,000
1,096,000
755,000
621,821
102,155
-229,212
142,072
246,846
Dividends Paid
195,000
Retained Profit
1,725,000
1,682,000
2,071,000
1,013,000
1,187,000
1,332,000
1,243,000
1,228,000
1,096,000
755,000
621,821
102,155
-229,212
142,072
51,846
Employee Costs
2,657,000
2,219,000
1,965,000
1,679,000
1,505,000
1,287,000
1,127,000
1,037,000
950,000
902,000
878,774
992,010
925,979
657,251
600,152
Number Of Employees
61
58
54
46
39
34
29
28
25
21
23
26
28
20
18
EBITDA*
2,422,000
2,289,000
2,445,000
1,415,000
1,516,000
1,669,000
1,568,000
1,564,000
1,390,000
956,000
830,641
195,126
190,359
170,931
292,577
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
1,280,000
1,309,000
1,324,000
1,489,000
1,544,000
162,000
181,000
194,000
207,000
205,000
485,725
517,731
554,508
464,291
495,989
Intangible Assets
Investments & Other
3
3
3
3
3
Debtors (Due After 1 year)
Total Fixed Assets
1,280,000
1,309,000
1,324,000
1,489,000
1,544,000
162,000
181,000
194,000
207,000
205,000
485,728
517,734
554,511
464,294
495,992
Stock & work in progress
1,445,000
1,544,000
1,308,000
1,045,000
920,000
845,000
861,000
748,000
702,000
635,000
543,106
374,456
369,024
373,699
263,581
Trade Debtors
2,147,000
1,749,000
1,481,000
1,260,000
1,125,000
1,265,000
1,254,000
1,167,000
840,000
745,000
904,267
506,943
746,854
570,746
605,978
Group Debtors
14,094,000
12,120,000
11,023,000
8,695,000
8,218,000
6,584,000
4,929,000
4,027,000
3,243,000
1,828,000
1,878,962
1,631,878
1,415,088
1,246,077
1,062,721
Misc Debtors
61,000
49,000
57,000
93,000
45,000
152,000
49,000
115,000
69,000
39,000
34,630
45,885
57,035
24,272
42,898
Cash
552,000
833,000
509,000
1,096,000
409,000
688,000
1,032,000
917,000
780,000
1,201,000
552,093
973
24,886
55,635
211,927
misc current assets
total current assets
18,299,000
16,295,000
14,378,000
12,189,000
10,717,000
9,534,000
8,125,000
6,974,000
5,634,000
4,448,000
3,913,058
2,560,135
2,612,887
2,270,429
2,187,105
total assets
19,579,000
17,604,000
15,702,000
13,678,000
12,261,000
9,696,000
8,306,000
7,168,000
5,841,000
4,653,000
4,398,786
3,077,869
3,167,398
2,734,723
2,683,097
Bank overdraft
5,970
Bank loan
33,000
130,000
130,000
294,000
730,000
Trade Creditors
1,285,000
1,235,000
956,000
929,000
685,000
663,000
760,000
728,000
517,000
463,000
612,204
357,436
385,346
212,989
294,911
Group/Directors Accounts
10,590,000
10,007,000
9,014,000
8,382,000
7,495,000
6,300,000
5,091,000
3,999,000
2,959,000
1,977,000
1,227,650
390,949
387,240
7,549
4,572
other short term finances
hp & lease commitments
3,936
5,180
other current liabilities
1,022,000
1,228,000
1,400,000
781,000
623,000
665,000
422,000
426,000
305,000
270,000
306,964
52,444
78,723
48,621
60,122
total current liabilities
12,930,000
12,600,000
11,500,000
10,386,000
9,533,000
7,628,000
6,273,000
5,153,000
3,781,000
2,710,000
2,150,754
811,979
851,309
269,159
359,605
loans
33,000
163,000
688,000
423,000
hp & lease commitments
Accruals and Deferred Income
21,000
other liabilities
provisions
31,000
31,000
11,000
20,000
total long term liabilities
31,000
64,000
174,000
708,000
444,000
total liabilities
12,961,000
12,664,000
11,674,000
11,094,000
9,977,000
7,628,000
6,273,000
5,153,000
3,781,000
2,710,000
2,150,754
811,979
851,309
269,159
359,605
net assets
6,618,000
4,940,000
4,028,000
2,584,000
2,284,000
2,068,000
2,033,000
2,015,000
2,060,000
1,943,000
2,248,032
2,265,890
2,316,089
2,465,564
2,323,492
total shareholders funds
6,618,000
4,940,000
4,028,000
2,584,000
2,284,000
2,068,000
2,033,000
2,015,000
2,060,000
1,943,000
2,248,032
2,265,890
2,316,089
2,465,564
2,323,492
Dec 2023
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
2,308,000
2,182,000
2,351,000
1,322,000
1,457,000
1,629,000
1,533,000
1,526,000
1,360,000
956,000
790,390
148,375
144,860
134,414
249,411
Depreciation
114,000
107,000
94,000
93,000
59,000
40,000
35,000
38,000
30,000
40,251
46,751
45,499
36,517
43,166
Amortisation
Tax
-536,000
-427,000
-379,000
-251,000
-283,000
-315,000
-300,000
-315,000
-285,000
-212,000
-171,531
-49,432
-377,803
5,249
-10,500
Stock
-99,000
236,000
263,000
125,000
75,000
-16,000
113,000
46,000
67,000
91,894
168,650
5,432
-4,675
110,118
263,581
Debtors
2,384,000
1,357,000
2,513,000
660,000
1,387,000
1,769,000
923,000
1,157,000
1,540,000
-205,859
633,153
-34,271
377,882
129,498
1,711,597
Creditors
50,000
279,000
27,000
244,000
22,000
-97,000
32,000
211,000
54,000
-149,204
254,768
-27,910
172,357
-81,922
294,911
Accruals and Deferred Income
-206,000
-172,000
619,000
137,000
-21,000
243,000
-4,000
121,000
35,000
-36,964
254,520
-26,279
30,102
-11,501
60,122
Deferred Taxes & Provisions
20,000
-9,000
20,000
Cash flow from operations
-555,000
396,000
-73,000
780,000
-228,000
-253,000
260,000
378,000
-413,000
671,797
366,595
120,344
-358,192
-156,859
-1,338,068
Investing Activities
capital expenditure
-85,000
-92,000
71,000
-38,000
-1,441,000
-21,000
-22,000
-25,000
-32,000
280,725
-8,245
-9,974
-135,716
-4,819
-539,155
Change in Investments
-3
3
cash flow from investments
-85,000
-92,000
71,000
-38,000
-1,441,000
-21,000
-22,000
-25,000
-32,000
280,728
-8,245
-9,974
-135,716
-4,819
-539,158
Financing Activities
Bank loans
-97,000
-164,000
-436,000
730,000
Group/Directors Accounts
583,000
993,000
632,000
887,000
1,195,000
1,209,000
1,092,000
1,040,000
982,000
749,350
836,701
3,709
379,691
2,977
4,572
Other Short Term Loans
Long term loans
-33,000
-130,000
-525,000
265,000
423,000
Hire Purchase and Lease Commitments
-3,936
-1,244
5,180
other long term liabilities
share issue
-47,000
-770,000
-627,000
-713,000
-971,000
-1,297,000
-1,225,000
-1,273,000
-979,000
-1,060,032
-639,679
-152,354
79,737
2,271,646
interest
-47,000
-73,000
99,000
-58,000
13,000
18,000
10,000
17,000
21,000
11,000
2,962
3,212
3,731
5,004
7,935
cash flow from financing
359,000
20,000
-585,000
-55,000
1,390,000
-70,000
-123,000
-216,000
24,000
-303,618
198,740
-140,253
463,159
7,981
2,284,153
cash and cash equivalents
cash
-281,000
324,000
-587,000
687,000
-279,000
-344,000
115,000
137,000
-421,000
648,907
551,120
-23,913
-30,749
-156,292
211,927
overdraft
-5,970
5,970
change in cash
-281,000
324,000
-587,000
687,000
-279,000
-344,000
115,000
137,000
-421,000
648,907
557,090
-29,883
-30,749
-156,292
211,927
shorts industries limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for shorts industries limited. Get real-time insights into shorts industries limited's credit score, group structure and payment trends.
Perform a competitor analysis for shorts industries 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 BD1 area or any other competitors across 12 key performance metrics.
shorts industries limited Ownership
SHORTS INDUSTRIES LIMITED group structure
Shorts Industries Limited has 2 subsidiary companies.
The sole shareholder of Shorts Industries Limited is Kiplun Europe Bv.
kiplun europe bv
100%
shorts industries limited directors
Shorts Industries Limited currently has 4 directors.
The longest serving directors include
Mr John Fothergill (Feb 1996) and
Mr David Cragg (Mar 2014).
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 5 charges/mortgages relating to shorts industries limited. Currently there are 4 open charges and 1 have been satisfied in the past.
shorts industries 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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shorts industries limitedCompanies House Filings - See Documents
