surrey stainless steels limited
surrey stainless steels limited Company Information
Company Number
01887847
Next Accounts
Mar 2025
Directors
Shareholders
sheila allen
rodney terence filmer allen
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
acre house, 11-15 william road, london, NW1 3ER
Website
www.surreystainless.comsurrey stainless steels limited Estimated Valuation
Pomanda estimates the enterprise value of SURREY STAINLESS STEELS LIMITED at £143 based on a Turnover of £429 and 0.33x industry multiple (adjusted for size and gross margin).
surrey stainless steels limited Estimated Valuation
Pomanda estimates the enterprise value of SURREY STAINLESS STEELS LIMITED at £20.8k based on an EBITDA of £5.3k and a 3.92x industry multiple (adjusted for size and gross margin).
surrey stainless steels limited Estimated Valuation
Pomanda estimates the enterprise value of SURREY STAINLESS STEELS LIMITED at £0 based on Net Assets of £-133.1k and 2.77x industry multiple (adjusted for liquidity).
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Surrey Stainless Steels Limited Overview
Surrey Stainless Steels Limited is a dissolved company that was located in london, NW1 3ER with a Companies House number of 01887847. It operated in the non-specialised wholesale trade sector, SIC Code 46900. Founded in February 1985, it's largest shareholder was sheila allen with a 50% stake. The last turnover for Surrey Stainless Steels Limited was estimated at £429.2.
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Surrey Stainless Steels Limited Health Check
Pomanda's financial health check has awarded Surrey Stainless Steels Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £429.2, make it smaller than the average company (£11.9m)
- Surrey Stainless Steels Limited
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -87%, show it is growing at a slower rate (0%)
- Surrey Stainless Steels Limited
0% - Industry AVG
Production
with a gross margin of 27%, this company has a comparable cost of product (27%)
- Surrey Stainless Steels Limited
27% - Industry AVG
Profitability
an operating margin of 1225.8% make it more profitable than the average company (5.7%)
- Surrey Stainless Steels Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
- Surrey Stainless Steels Limited
34 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)
- Surrey Stainless Steels Limited
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £429.2, this is less efficient (£311.6k)
- Surrey Stainless Steels Limited
£311.6k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (53 days)
- Surrey Stainless Steels Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Surrey Stainless Steels Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Surrey Stainless Steels Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Surrey Stainless Steels Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 211415.9%, this is a higher level of debt than the average (48.3%)
211415.9% - Surrey Stainless Steels Limited
48.3% - Industry AVG
SURREY STAINLESS STEELS LIMITED financials
Surrey Stainless Steels Limited's latest turnover from June 2021 is estimated at £429 and the company has net assets of -£133.1 thousand. According to their latest financial statements, we estimate that Surrey Stainless Steels Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 500,266 | 445,042 | ||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 292,821 | 258,349 | ||||||||||
| Gross Profit | 207,445 | 186,693 | ||||||||||
| Admin Expenses | 187,868 | 199,038 | ||||||||||
| Operating Profit | 19,577 | -12,345 | ||||||||||
| Interest Payable | 468 | 3,810 | ||||||||||
| Interest Receivable | 75 | |||||||||||
| Pre-Tax Profit | 19,109 | -16,080 | ||||||||||
| Tax | ||||||||||||
| Profit After Tax | 19,109 | -16,080 | ||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | 19,109 | -16,080 | ||||||||||
| Employee Costs | 103,737 | 107,384 | ||||||||||
| Number Of Employees | 2 | 4 | 4 | 7 | 7 | |||||||
| EBITDA* | 24,757 | -5,750 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,049 | 2,730 | 4,668 | 6,585 | 8,780 | 5,392 | 7,190 | 11,127 | 14,836 | 12,710 | 17,890 | |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 2,049 | 2,730 | 4,668 | 6,585 | 8,780 | 5,392 | 7,190 | 11,127 | 14,836 | 12,710 | 17,890 | |
| Stock & work in progress | 3,600 | 38,500 | 116,031 | 135,220 | 158,233 | 184,711 | 202,566 | 195,700 | 180,250 | 169,735 | ||
| Trade Debtors | 63 | 3,523 | 12,407 | 11,357 | 32,569 | 37,997 | 51,299 | 56,778 | 68,097 | 84,931 | 96,055 | 93,118 |
| Group Debtors | ||||||||||||
| Misc Debtors | 9,085 | 8,402 | ||||||||||
| Cash | ||||||||||||
| misc current assets | ||||||||||||
| total current assets | 63 | 3,523 | 16,007 | 49,857 | 148,600 | 173,217 | 209,532 | 241,489 | 270,663 | 280,631 | 285,390 | 271,255 |
| total assets | 63 | 5,572 | 18,737 | 54,525 | 155,185 | 181,997 | 214,924 | 248,679 | 281,790 | 295,467 | 298,100 | 289,145 |
| Bank overdraft | 3,660 | 15,573 | 17,241 | 41,360 | 46,828 | 47,660 | 39,567 | 77,733 | 99,580 | |||
| Bank loan | ||||||||||||
| Trade Creditors | 2,740 | 2,419 | 5,586 | 30,700 | 32,427 | 39,940 | 210,902 | 208,861 | 199,042 | 56,483 | 50,602 | |
| Group/Directors Accounts | 51,261 | 42,531 | ||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | 1,149 | |||||||||||
| other current liabilities | 129,532 | 124,174 | 130,337 | 138,667 | 133,199 | 121,668 | 112,804 | 13,227 | 14,996 | |||
| total current liabilities | 133,192 | 142,487 | 149,997 | 185,613 | 210,727 | 201,755 | 192,311 | 210,902 | 208,861 | 199,042 | 198,704 | 208,858 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | ||||||||||||
| total liabilities | 133,192 | 142,487 | 149,997 | 185,613 | 210,727 | 201,755 | 192,311 | 210,902 | 208,861 | 199,042 | 198,704 | 208,858 |
| net assets | -133,129 | -136,915 | -131,260 | -131,088 | -55,542 | -19,758 | 22,613 | 37,777 | 72,929 | 96,425 | 99,396 | 80,287 |
| total shareholders funds | -133,129 | -136,915 | -131,260 | -131,088 | -55,542 | -19,758 | 22,613 | 37,777 | 72,929 | 96,425 | 99,396 | 80,287 |
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 19,577 | -12,345 | ||||||||||
| Depreciation | 38 | 681 | 910 | 1,555 | 2,195 | 2,926 | 1,798 | 2,396 | 3,709 | 4,946 | 5,180 | 6,595 |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | -3,600 | -34,900 | -77,531 | -19,189 | -23,013 | -26,478 | -17,855 | 6,866 | 15,450 | 10,515 | 169,735 | |
| Debtors | -3,460 | -8,884 | 1,050 | -21,212 | -5,428 | -13,302 | -5,479 | -11,319 | -16,834 | -20,209 | 3,620 | 101,520 |
| Creditors | -2,740 | 321 | -3,167 | -25,114 | -1,727 | -7,513 | -170,962 | 2,041 | 9,819 | 142,559 | 5,881 | 50,602 |
| Accruals and Deferred Income | 5,358 | -6,163 | -8,330 | 5,468 | 11,531 | 8,864 | 112,804 | -13,227 | -1,769 | 14,996 | ||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | 14,734 | -211,407 | ||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -51,261 | 8,730 | 42,531 | |||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | -1,149 | 1,149 | ||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -468 | -3,735 | ||||||||||
| cash flow from financing | 7,113 | 136,312 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | ||||||||||||
| overdraft | -11,913 | -1,668 | -24,119 | -5,468 | -832 | 8,093 | 39,567 | -77,733 | -21,847 | 99,580 | ||
| change in cash | 11,913 | 1,668 | 24,119 | 5,468 | 832 | -8,093 | -39,567 | 77,733 | 21,847 | -99,580 |
surrey stainless steels limited Credit Report and Business Information
Surrey Stainless Steels Limited Competitor Analysis
Perform a competitor analysis for surrey stainless steels limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in NW1 area or any other competitors across 12 key performance metrics.
surrey stainless steels limited Ownership
SURREY STAINLESS STEELS LIMITED group structure
Surrey Stainless Steels Limited has no subsidiary companies.
Ultimate parent company
SURREY STAINLESS STEELS LIMITED
01887847
surrey stainless steels limited directors
Surrey Stainless Steels Limited currently has 1 director, Ms Sheila Allen serving since Apr 1992.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sheila Allen | 78 years | Apr 1992 | - | Director |
P&L
June 2021turnover
429.2
-98%
operating profit
5.3k
0%
gross margin
27.1%
-1.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
-133.1k
-0.03%
total assets
63
-0.99%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
surrey stainless steels limited company details
company number
01887847
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
February 1985
age
40
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2021
previous names
N/A
accountant
-
auditor
-
address
acre house, 11-15 william road, london, NW1 3ER
Bank
BARCLAYS BANK PLC
Legal Advisor
-
surrey stainless steels 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 surrey stainless steels limited. Currently there are 1 open charges and 0 have been satisfied in the past.
surrey stainless steels 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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surrey stainless steels limited Companies House Filings - See Documents
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