steelite international exports ltd
steelite international exports ltd Company Information
Company Number
01899145
Website
www.steelite.comRegistered Address
lymedale cross, lower milehouse lane, newcastle-under-lyme, staffordshire, ST5 9BT
Industry
Manufacture of other ceramic products
Telephone
01782821000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
steelite international plc 100%
steelite international exports ltd Estimated Valuation
Pomanda estimates the enterprise value of STEELITE INTERNATIONAL EXPORTS LTD at £21.9m based on a Turnover of £23.4m and 0.94x industry multiple (adjusted for size and gross margin).
steelite international exports ltd Estimated Valuation
Pomanda estimates the enterprise value of STEELITE INTERNATIONAL EXPORTS LTD at £37.2m based on an EBITDA of £7.6m and a 4.89x industry multiple (adjusted for size and gross margin).
steelite international exports ltd Estimated Valuation
Pomanda estimates the enterprise value of STEELITE INTERNATIONAL EXPORTS LTD at £47.5m based on Net Assets of £19.3m and 2.47x industry multiple (adjusted for liquidity).
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Steelite International Exports Ltd Overview
Steelite International Exports Ltd is a live company located in newcastle-under-lyme, ST5 9BT with a Companies House number of 01899145. It operates in the manufacture of other ceramic products n.e.c. sector, SIC Code 23490. Founded in March 1985, it's largest shareholder is steelite international plc with a 100% stake. Steelite International Exports Ltd is a mature, large sized company, Pomanda has estimated its turnover at £23.4m with rapid growth in recent years.
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Steelite International Exports Ltd Health Check
Pomanda's financial health check has awarded Steelite International Exports Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
2 Weak
Size
annual sales of £23.4m, make it larger than the average company (£13.4m)
£23.4m - Steelite International Exports Ltd
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (4.8%)
59% - Steelite International Exports Ltd
4.8% - Industry AVG
Production
with a gross margin of 28.6%, this company has a comparable cost of product (31.2%)
28.6% - Steelite International Exports Ltd
31.2% - Industry AVG
Profitability
an operating margin of 32.5% make it more profitable than the average company (2.2%)
32.5% - Steelite International Exports Ltd
2.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (61)
4 - Steelite International Exports Ltd
61 - Industry AVG
Pay Structure
on an average salary of £12k, the company has a lower pay structure (£36.9k)
£12k - Steelite International Exports Ltd
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £5.8m, this is more efficient (£167.7k)
£5.8m - Steelite International Exports Ltd
£167.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Steelite International Exports Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (29 days)
0 days - Steelite International Exports Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Steelite International Exports Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is more cash available to meet short term requirements (5 weeks)
12 weeks - Steelite International Exports Ltd
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (45.9%)
0.2% - Steelite International Exports Ltd
45.9% - Industry AVG
STEELITE INTERNATIONAL EXPORTS LTD financials
Steelite International Exports Ltd's latest turnover from December 2023 is £23.4 million and the company has net assets of £19.3 million. According to their latest financial statements, Steelite International Exports Ltd has 4 employees and maintains cash reserves of £8 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 | 23,394,000 | 18,214,000 | 13,021,000 | 5,840,000 | 16,907,000 | 15,867,000 | 17,337,000 | 16,411,000 | 12,854,000 | 12,522,000 | 12,087,000 | 11,366,000 | 9,301,000 | 8,186,000 | 7,493,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 16,712,000 | 13,024,000 | 9,309,000 | 4,149,000 | 12,075,000 | 11,335,000 | 12,385,000 | 11,722,000 | 9,182,000 | 8,945,000 | 8,634,000 | 8,117,000 | 6,643,000 | 5,847,000 | 5,352,000 |
| Gross Profit | 6,682,000 | 5,190,000 | 3,712,000 | 1,691,000 | 4,832,000 | 4,532,000 | 4,952,000 | 4,689,000 | 3,672,000 | 3,577,000 | 3,453,000 | 3,249,000 | 2,658,000 | 2,339,000 | 2,141,000 |
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 5,702,000 | 3,575,000 | 2,911,000 | 119,000 | 3,129,000 | 2,280,000 | 3,548,000 | 3,200,000 | 2,884,000 | 2,628,000 | 2,695,000 | 2,642,000 | 2,148,000 | 1,746,000 | 1,777,000 |
| Tax | 0 | 0 | 5,000 | 93,000 | -528,000 | -433,000 | -683,000 | -8,000 | -7,000 | -7,000 | -239,000 | -37,000 | -570,000 | -489,000 | -498,000 |
| Profit After Tax | 5,702,000 | 3,575,000 | 2,916,000 | 212,000 | 2,601,000 | 1,847,000 | 2,865,000 | 3,192,000 | 2,877,000 | 2,621,000 | 2,456,000 | 2,605,000 | 1,578,000 | 1,257,000 | 1,279,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 1,500,000 | 1,500,000 | 1,500,000 | 1,250,000 | 2,000,000 | 1,500,000 | 3,500,000 | 1,500,000 | 1,500,000 | 1,250,000 | 1,250,000 |
| Retained Profit | 5,702,000 | 3,575,000 | 2,916,000 | 212,000 | 1,101,000 | 347,000 | 1,365,000 | 1,942,000 | 877,000 | 1,121,000 | -1,044,000 | 1,105,000 | 78,000 | 7,000 | 29,000 |
| Employee Costs | 48,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 4 | 3 | 3 | 4 | 4 | 4 | 5 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 19,283,000 | 15,535,000 | 11,203,000 | 7,055,000 | 7,378,000 | 6,179,000 | 6,078,000 | 4,047,000 | 3,786,000 | 2,480,000 | 1,363,000 | 2,439,000 | 1,860,000 | 3,427,000 | 3,078,000 |
| Misc Debtors | 0 | 0 | 14,000 | 9,000 | 9,000 | 9,000 | 9,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,291,000 | 15,535,000 | 11,217,000 | 7,064,000 | 7,387,000 | 6,188,000 | 6,087,000 | 4,047,000 | 3,786,000 | 2,480,000 | 1,363,000 | 2,439,000 | 1,860,000 | 3,427,000 | 3,078,000 |
| total assets | 19,291,000 | 15,535,000 | 11,217,000 | 7,064,000 | 7,387,000 | 6,188,000 | 6,087,000 | 4,047,000 | 3,786,000 | 2,480,000 | 1,363,000 | 2,439,000 | 1,860,000 | 3,427,000 | 3,078,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 1,980,000 | 1,234,000 | 0 | 0 | 0 | 0 | 0 | 429,000 | 0 | 0 | 0 | 0 | 1,726,000 | 1,375,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,000 | 0 | 3,000 | 0 | 535,000 | 437,000 | 683,000 | 8,000 | 10,000 | 10,000 | 14,000 | 46,000 | 572,000 | 491,000 | 500,000 |
| total current liabilities | 34,000 | 1,980,000 | 1,237,000 | 0 | 535,000 | 437,000 | 683,000 | 8,000 | 439,000 | 10,000 | 14,000 | 46,000 | 572,000 | 2,217,000 | 1,875,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 34,000 | 1,980,000 | 1,237,000 | 0 | 535,000 | 437,000 | 683,000 | 8,000 | 439,000 | 10,000 | 14,000 | 46,000 | 572,000 | 2,217,000 | 1,875,000 |
| net assets | 19,257,000 | 13,555,000 | 9,980,000 | 7,064,000 | 6,852,000 | 5,751,000 | 5,404,000 | 4,039,000 | 3,347,000 | 2,470,000 | 1,349,000 | 2,393,000 | 1,288,000 | 1,210,000 | 1,203,000 |
| total shareholders funds | 19,257,000 | 13,555,000 | 9,980,000 | 7,064,000 | 6,852,000 | 5,751,000 | 5,404,000 | 4,039,000 | 3,347,000 | 2,470,000 | 1,349,000 | 2,393,000 | 1,288,000 | 1,210,000 | 1,203,000 |
| 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 | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 5,000 | 93,000 | -528,000 | -433,000 | -683,000 | -8,000 | -7,000 | -7,000 | -239,000 | -37,000 | -570,000 | -489,000 | -498,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,748,000 | 4,318,000 | 4,153,000 | -323,000 | 1,199,000 | 101,000 | 2,040,000 | 261,000 | 1,306,000 | 1,117,000 | -1,076,000 | 579,000 | -1,567,000 | 349,000 | 3,078,000 |
| Creditors | 33,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,000 | -3,000 | 3,000 | -535,000 | 98,000 | -246,000 | 675,000 | -2,000 | 0 | -4,000 | -32,000 | -526,000 | 81,000 | -9,000 | 500,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,980,000 | 746,000 | 1,234,000 | 0 | 0 | 0 | 0 | -429,000 | 429,000 | 0 | 0 | 0 | -1,726,000 | 351,000 | 1,375,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -1,980,000 | 746,000 | 1,234,000 | 0 | 0 | 0 | 0 | -1,679,000 | 429,000 | 0 | 0 | 0 | -1,726,000 | 351,000 | 2,549,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
steelite international exports ltd Credit Report and Business Information
Steelite International Exports Ltd Competitor Analysis
Perform a competitor analysis for steelite international exports ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in ST5 area or any other competitors across 12 key performance metrics.
steelite international exports ltd Ownership
STEELITE INTERNATIONAL EXPORTS LTD group structure
Steelite International Exports Ltd has no subsidiary companies.
Ultimate parent company
ST ATHENA GLOBAL LLC
#0048728
2 parents
STEELITE INTERNATIONAL EXPORTS LTD
01899145
steelite international exports ltd directors
Steelite International Exports Ltd currently has 2 directors. The longest serving directors include Mr Philip Ray (May 2023) and Mr Jim Freeman (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Ray | England | 69 years | May 2023 | - | Director |
| Mr Jim Freeman | England | 55 years | May 2023 | - | Director |
P&L
December 2023turnover
23.4m
+28%
operating profit
7.6m
0%
gross margin
28.6%
+0.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
19.3m
+0.42%
total assets
19.3m
+0.24%
cash
8k
0%
net assets
Total assets minus all liabilities
steelite international exports ltd company details
company number
01899145
Type
Private limited with Share Capital
industry
23490 - Manufacture of other ceramic products
incorporation date
March 1985
age
39
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
offshelf (49) ltd (October 1985)
accountant
-
auditor
-
address
lymedale cross, lower milehouse lane, newcastle-under-lyme, staffordshire, ST5 9BT
Bank
-
Legal Advisor
-
steelite international exports ltd 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 5 charges/mortgages relating to steelite international exports ltd. Currently there are 1 open charges and 4 have been satisfied in the past.
steelite international exports ltd Companies House Filings - See Documents
| date | description | view/download |
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