anvil steels (sandwell) limited

3.5

anvil steels (sandwell) limited Company Information

Share ANVIL STEELS (SANDWELL) LIMITED
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Company Number

02034174

Registered Address

units 4 & 5, spartan industrial estate, west bromwich, west midlands, B70 0DH

Industry

Other manufacturing n.e.c.

 

Telephone

01215205959

Next Accounts Due

April 2025

Group Structure

View All

Directors

Andrew King15 Years

Shareholders

anvil steels (sandwell) holdings limited 100%

anvil steels (sandwell) limited Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of ANVIL STEELS (SANDWELL) LIMITED at £2.5m based on a Turnover of £3.9m and 0.63x industry multiple (adjusted for size and gross margin).

anvil steels (sandwell) limited Estimated Valuation

£401.8k

Pomanda estimates the enterprise value of ANVIL STEELS (SANDWELL) LIMITED at £401.8k based on an EBITDA of £89.2k and a 4.5x industry multiple (adjusted for size and gross margin).

anvil steels (sandwell) limited Estimated Valuation

£616k

Pomanda estimates the enterprise value of ANVIL STEELS (SANDWELL) LIMITED at £616k based on Net Assets of £335.5k and 1.84x industry multiple (adjusted for liquidity).

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Anvil Steels (sandwell) Limited Overview

Anvil Steels (sandwell) Limited is a live company located in west bromwich, B70 0DH with a Companies House number of 02034174. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in July 1986, it's largest shareholder is anvil steels (sandwell) holdings limited with a 100% stake. Anvil Steels (sandwell) Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.

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Anvil Steels (sandwell) Limited Health Check

Pomanda's financial health check has awarded Anvil Steels (Sandwell) 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

2 Regular

positive_score

6 Weak

size

Size

annual sales of £3.9m, make it smaller than the average company (£13.4m)

£3.9m - Anvil Steels (sandwell) Limited

£13.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (4.6%)

31% - Anvil Steels (sandwell) Limited

4.6% - Industry AVG

production

Production

with a gross margin of 29.4%, this company has a comparable cost of product (29.4%)

29.4% - Anvil Steels (sandwell) Limited

29.4% - Industry AVG

profitability

Profitability

an operating margin of 1.9% make it less profitable than the average company (6.3%)

1.9% - Anvil Steels (sandwell) Limited

6.3% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (73)

10 - Anvil Steels (sandwell) Limited

73 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)

£40.5k - Anvil Steels (sandwell) Limited

£40.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £394.9k, this is more efficient (£174.9k)

£394.9k - Anvil Steels (sandwell) Limited

£174.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 88 days, this is later than average (56 days)

88 days - Anvil Steels (sandwell) Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 121 days, this is slower than average (44 days)

121 days - Anvil Steels (sandwell) Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 35 days, this is less than average (71 days)

35 days - Anvil Steels (sandwell) Limited

71 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)

2 weeks - Anvil Steels (sandwell) Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 74.6%, this is a higher level of debt than the average (50%)

74.6% - Anvil Steels (sandwell) Limited

50% - Industry AVG

ANVIL STEELS (SANDWELL) LIMITED financials

EXPORTms excel logo

Anvil Steels (Sandwell) Limited's latest turnover from July 2023 is estimated at £3.9 million and the company has net assets of £335.5 thousand. According to their latest financial statements, Anvil Steels (Sandwell) Limited has 10 employees and maintains cash reserves of £43.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover3,949,4152,656,9503,739,9831,767,0063,237,3212,387,2502,134,7212,517,2483,748,2352,530,1822,219,9172,191,7672,701,6053,352,0120
Other Income Or Grants000000000000000
Cost Of Sales2,788,9821,854,5232,680,8701,251,2402,260,8221,662,8431,452,4881,703,7712,558,8991,722,6611,510,2681,489,1411,832,3742,248,6870
Gross Profit1,160,432802,4271,059,113515,766976,499724,407682,233813,4771,189,336807,521709,650702,627869,2311,103,3240
Admin Expenses1,083,759760,2131,324,853619,8001,048,761854,533648,967677,3391,141,207751,937760,006736,748818,9511,041,148-771,847
Operating Profit76,67342,214-265,740-104,034-72,262-130,12633,266136,13848,12955,584-50,356-34,12150,28062,176771,847
Interest Payable3,8503,2633,0501,52500000000000
Interest Receivable2,344625522722359846976727914725210710487478
Pre-Tax Profit75,16739,577-268,738-105,532-72,039-129,52833,735136,90548,40955,730-50,104-34,01450,29162,663772,325
Tax-18,792-7,5200000-6,410-27,381-9,682-11,70300-13,076-17,545-216,251
Profit After Tax56,37532,057-268,738-105,532-72,039-129,52827,325109,52438,72744,027-50,104-34,01437,21545,117556,074
Dividends Paid000000000000000
Retained Profit56,37532,057-268,738-105,532-72,039-129,52827,325109,52438,72744,027-50,104-34,01437,21545,117556,074
Employee Costs405,281386,732332,041400,937500,993455,977406,625432,784842,987605,164528,281534,669671,790857,7880
Number Of Employees1010911141312132619171722290
EBITDA*89,23754,778-264,100-104,034-64,523-123,73638,631139,10850,64257,797-47,843-30,78164,50972,947783,969

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets25,12737,69150,255186,752192,960200,699198,889204,254195,417197,930200,143202,656205,996217,232228,003
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets25,12737,69150,255186,752192,960200,699198,889204,254195,417197,930200,143202,656205,996217,232228,003
Stock & work in progress273,728307,444297,163176,7000315,002308,890177,183151,269192,759181,586223,158237,500279,37377,269
Trade Debtors959,104569,233869,029339,976766,517490,248453,028621,815859,705596,287486,802485,359625,182718,799254,530
Group Debtors18,0006,0000000000000000
Misc Debtors008,427140,4980115,016106,08000000000
Cash43,94849,79750,14553,794059,553179,629195,213111,60017058,54442,2025073,601191,132
misc current assets000000000000000
total current assets1,294,780932,4741,224,764710,968766,517979,8191,047,627994,2111,122,574789,216726,932750,719863,1891,001,773522,931
total assets1,319,907970,1651,275,019897,720959,4771,180,5181,246,5161,198,4651,317,991987,146927,075953,3751,069,1851,219,005750,934
Bank overdraft10,00010,00010,000000000000000
Bank loan000000000000000
Trade Creditors 928,792630,839960,541323,384387,153512,645435,152450,899679,949387,831371,787347,983420,279607,314184,727
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities20,85520,21517,42456,544022,51036,47300000000
total current liabilities959,647661,054987,965379,928387,153535,155471,625450,899679,949387,831371,787347,983420,279607,314184,727
loans20,00030,00040,00050,00000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions4,774000000000009,5009,5009,133
total long term liabilities24,77430,00040,00050,000000000009,5009,5009,133
total liabilities984,421691,0541,027,965429,928387,153535,155471,625450,899679,949387,831371,787347,983429,779616,814193,860
net assets335,486279,111247,054467,792572,324645,363774,891747,566638,042599,315555,288605,392639,406602,191557,074
total shareholders funds335,486279,111247,054467,792572,324645,363774,891747,566638,042599,315555,288605,392639,406602,191557,074
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit76,67342,214-265,740-104,034-72,262-130,12633,266136,13848,12955,584-50,356-34,12150,28062,176771,847
Depreciation12,56412,5641,64007,7396,3905,3652,9702,5132,2132,5133,34014,22910,77112,122
Amortisation000000000000000
Tax-18,792-7,5200000-6,410-27,381-9,682-11,70300-13,076-17,545-216,251
Stock-33,71610,281120,463176,700-315,0026,112131,70725,914-41,49011,173-41,572-14,342-41,873202,10477,269
Debtors401,871-302,223396,982-286,043161,25346,156-62,707-237,890263,418109,4851,443-139,823-93,617464,269254,530
Creditors297,953-329,702637,157-63,769-125,49277,493-15,747-229,050292,11816,04423,804-72,296-187,035422,587184,727
Accruals and Deferred Income6402,791-39,12056,544-22,510-13,96336,47300000000
Deferred Taxes & Provisions4,7740000000000-9,50003679,133
Cash flow from operations5,65712,289-183,508-1,916-58,776-112,474-16,05394,653111,150-58,52016,09041,588-112-188,017429,779
Investing Activities
capital expenditure00134,8576,2080-8,2000-11,8070000-2,9930-240,125
Change in Investments000000000000000
cash flow from investments00134,8576,2080-8,2000-11,8070000-2,9930-240,125
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-10,000-10,000-10,00050,00000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0048,0001,000-1,0000000000001,000
interest-1,506-2,638-2,998-1,49822359846976727914725210710487478
cash flow from financing-11,506-12,63835,00249,502-777598469767279147252107104871,478
cash and cash equivalents
cash-5,849-348-3,64953,794-59,553-120,076-15,58483,613111,430-58,37416,34241,695-3,094-187,531191,132
overdraft0010,000000000000000
change in cash-5,849-348-13,64953,794-59,553-120,076-15,58483,613111,430-58,37416,34241,695-3,094-187,531191,132

anvil steels (sandwell) 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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Anvil Steels (sandwell) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for anvil steels (sandwell) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B70 area or any other competitors across 12 key performance metrics.

anvil steels (sandwell) limited Ownership

ANVIL STEELS (SANDWELL) LIMITED group structure

Anvil Steels (Sandwell) Limited has no subsidiary companies.

Ultimate parent company

1 parent

ANVIL STEELS (SANDWELL) LIMITED

02034174

ANVIL STEELS (SANDWELL) LIMITED Shareholders

anvil steels (sandwell) holdings limited 100%

anvil steels (sandwell) limited directors

Anvil Steels (Sandwell) Limited currently has 1 director, Mr Andrew King serving since Jan 2009.

officercountryagestartendrole
Mr Andrew King62 years Jan 2009- Director

P&L

July 2023

turnover

3.9m

+49%

operating profit

76.7k

0%

gross margin

29.4%

-2.71%

turnover

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

Balance Sheet

July 2023

net assets

335.5k

+0.2%

total assets

1.3m

+0.36%

cash

43.9k

-0.12%

net assets

Total assets minus all liabilities

anvil steels (sandwell) limited company details

company number

02034174

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

July 1986

age

38

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

-

address

units 4 & 5, spartan industrial estate, west bromwich, west midlands, B70 0DH

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

anvil steels (sandwell) 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 4 charges/mortgages relating to anvil steels (sandwell) limited. Currently there are 1 open charges and 3 have been satisfied in the past.

charges

anvil steels (sandwell) limited Companies House Filings - See Documents

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