Pomanda estimates the enterprise value of F.M. STEELSTOCK LIMITED at £2.9m based on a Turnover of £6.6m and 0.44x industry multiple (adjusted for size and gross margin).
f.m. steelstock limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of F.M. STEELSTOCK LIMITED at £0 based on an EBITDA of £-27.7k and a 4.39x industry multiple (adjusted for size and gross margin).
f.m. steelstock limitedEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of F.M. STEELSTOCK LIMITED at £4.3m based on Net Assets of £2.1m and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
F.m. Steelstock LimitedOverview
F.m. Steelstock Limited is a live company located in newburn, newcastle upon tyne, NE15 8NR with a Companies House number of 02089006. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in January 1987, it's largest shareholder is
d. maughan
with a 51% stake. F.m. Steelstock Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded F.M. Steelstock Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £6.6m, make it smaller than the average company (£18.1m)
£6.6m - F.m. Steelstock Limited
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.8%)
10% - F.m. Steelstock Limited
9.8% - Industry AVG
Production
with a gross margin of 24.7%, this company has a comparable cost of product (24.7%)
24.7% - F.m. Steelstock Limited
24.7% - Industry AVG
Profitability
an operating margin of -2.3% make it less profitable than the average company (4.3%)
-2.3% - F.m. Steelstock Limited
4.3% - Industry AVG
Employees
with 24 employees, this is below the industry average (38)
24 - F.m. Steelstock Limited
38 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
£42.8k - F.m. Steelstock Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £272.9k, this is less efficient (£387.3k)
£272.9k - F.m. Steelstock Limited
£387.3k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (46 days)
57 days - F.m. Steelstock Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (40 days)
57 days - F.m. Steelstock Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is less than average (61 days)
41 days - F.m. Steelstock Limited
61 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 57 weeks, this is more cash available to meet short term requirements (13 weeks)
57 weeks - F.m. Steelstock Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.9%, this is a lower level of debt than the average (44%)
36.9% - F.m. Steelstock Limited
44% - Industry AVG
F.M. STEELSTOCK LIMITED financials
EXPORT
F.M. Steelstock Limited's latest turnover from January 2024 is estimated at £6.6 million and the company has net assets of £2.1 million. According to their latest financial statements, F.M. Steelstock Limited has 24 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
6,550,504
7,374,609
6,828,491
4,855,142
4,989,525
5,586,332
6,331,640
7,208,120
5,641,858
4,897,297
5,508,812
5,265,115
5,466,152
4,511,861
3,385,706
Other Income Or Grants
Cost Of Sales
4,932,486
5,615,643
5,156,792
3,628,229
3,744,190
4,259,450
4,807,719
5,417,687
4,247,860
3,719,229
4,199,696
4,088,608
4,174,732
3,413,297
2,486,022
Gross Profit
1,618,018
1,758,966
1,671,699
1,226,913
1,245,335
1,326,882
1,523,922
1,790,433
1,393,998
1,178,068
1,309,117
1,176,507
1,291,420
1,098,564
899,684
Admin Expenses
1,768,285
1,648,054
893,505
1,192,053
981,727
1,187,551
1,459,538
1,722,055
1,297,560
1,111,822
1,234,444
1,169,294
1,318,293
1,123,487
-253,821
Operating Profit
-150,267
110,912
778,194
34,860
263,608
139,331
64,384
68,378
96,438
66,246
74,673
7,213
-26,873
-24,923
1,153,505
Interest Payable
Interest Receivable
62,235
42,156
2,899
920
5,208
3,964
2,412
1,090
2,192
2,316
1,599
894
904
1,428
922
Pre-Tax Profit
-88,032
153,068
781,093
35,780
268,816
143,295
66,796
69,468
98,630
68,562
76,271
8,107
-25,969
-23,495
1,154,426
Tax
-29,083
-148,408
-6,798
-51,075
-27,226
-12,691
-13,893
-19,726
-14,398
-17,542
-1,946
-323,239
Profit After Tax
-88,032
123,985
632,685
28,982
217,741
116,069
54,105
55,574
78,904
54,164
58,729
6,161
-25,969
-23,495
831,187
Dividends Paid
Retained Profit
-88,032
123,985
632,685
28,982
217,741
116,069
54,105
55,574
78,904
54,164
58,729
6,161
-25,969
-23,495
831,187
Employee Costs
1,027,300
983,450
975,496
738,403
765,531
760,676
770,000
759,688
710,350
594,748
683,387
636,323
644,788
509,409
433,714
Number Of Employees
24
24
24
20
21
21
22
22
21
18
21
20
20
17
15
EBITDA*
-27,707
224,164
854,985
87,684
309,549
180,530
115,380
115,894
131,184
109,802
125,856
66,013
18,855
10,142
1,194,446
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
472,302
533,097
392,077
211,139
176,605
139,949
168,781
200,308
147,704
139,763
168,508
198,391
228,930
121,230
140,101
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
472,302
533,097
392,077
211,139
176,605
139,949
168,781
200,308
147,704
139,763
168,508
198,391
228,930
121,230
140,101
Stock & work in progress
558,881
840,777
711,226
413,035
436,254
478,530
546,491
468,802
428,964
417,144
397,676
365,634
363,486
362,203
235,867
Trade Debtors
1,030,633
1,149,505
1,249,119
949,501
965,988
1,127,945
1,280,584
1,461,051
1,102,102
935,217
1,092,179
1,090,668
1,136,583
978,189
694,773
Group Debtors
Misc Debtors
59,440
59,382
56,038
47,553
47,611
41,266
37,500
Cash
1,256,709
1,114,159
1,294,768
1,024,169
816,188
572,678
484,352
480,410
391,216
485,488
440,936
198,523
158,876
202,609
368,697
misc current assets
total current assets
2,905,663
3,163,823
3,311,151
2,434,258
2,266,041
2,220,419
2,348,927
2,410,263
1,922,282
1,837,849
1,930,791
1,654,825
1,658,945
1,543,001
1,299,337
total assets
3,377,965
3,696,920
3,703,228
2,645,397
2,442,646
2,360,368
2,517,708
2,610,571
2,069,986
1,977,612
2,099,299
1,853,216
1,887,875
1,664,231
1,439,438
Bank overdraft
Bank loan
Trade Creditors
782,034
978,591
967,599
769,160
749,093
896,499
1,110,828
1,502,569
1,061,539
1,058,084
1,226,771
1,015,419
1,019,283
833,853
588,639
Group/Directors Accounts
other short term finances
hp & lease commitments
7,750
18,602
13,653
14,583
11,670
12,639
25,500
other current liabilities
355,395
357,781
535,606
311,312
221,752
218,685
246,659
total current liabilities
1,145,179
1,354,974
1,516,858
1,095,055
982,515
1,127,823
1,382,987
1,502,569
1,061,539
1,058,084
1,226,771
1,015,419
1,019,283
833,853
588,639
loans
hp & lease commitments
1,156
26,928
19,781
68,404
11,117
3,343
15,982
Accruals and Deferred Income
other liabilities
41,482
11,782
1,123
2,833
23,750
59,983
provisions
100,640
95,996
71,552
19,786
15,844
13,773
19,379
21,265
6,984
7,628
13,082
16,163
16,886
12,686
9,612
total long term liabilities
101,796
122,924
91,333
88,190
26,961
17,116
35,361
62,747
18,766
8,751
15,915
39,913
76,869
12,686
9,612
total liabilities
1,246,975
1,477,898
1,608,191
1,183,245
1,009,476
1,144,939
1,418,348
1,565,316
1,080,305
1,066,835
1,242,686
1,055,332
1,096,152
846,539
598,251
net assets
2,130,990
2,219,022
2,095,037
1,462,152
1,433,170
1,215,429
1,099,360
1,045,255
989,681
910,777
856,613
797,884
791,723
817,692
841,187
total shareholders funds
2,130,990
2,219,022
2,095,037
1,462,152
1,433,170
1,215,429
1,099,360
1,045,255
989,681
910,777
856,613
797,884
791,723
817,692
841,187
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-150,267
110,912
778,194
34,860
263,608
139,331
64,384
68,378
96,438
66,246
74,673
7,213
-26,873
-24,923
1,153,505
Depreciation
122,560
113,252
76,791
52,824
45,941
41,199
50,996
47,516
34,746
43,556
51,183
58,800
45,728
35,065
40,941
Amortisation
Tax
-29,083
-148,408
-6,798
-51,075
-27,226
-12,691
-13,893
-19,726
-14,398
-17,542
-1,946
-323,239
Stock
-281,896
129,551
298,191
-23,219
-42,276
-67,961
77,689
39,838
11,820
19,468
32,042
2,148
1,283
126,336
235,867
Debtors
-118,814
-96,270
308,103
-16,545
-155,612
-148,873
-142,967
358,949
166,885
-156,962
1,511
-45,915
158,394
283,416
694,773
Creditors
-196,557
10,992
198,439
20,067
-147,406
-214,329
-391,741
441,030
3,455
-168,687
211,352
-3,864
185,430
245,214
588,639
Accruals and Deferred Income
-2,386
-177,825
224,294
89,560
3,067
-27,974
246,659
Deferred Taxes & Provisions
4,644
24,444
51,766
3,942
2,071
-5,606
-1,886
14,281
-644
-5,454
-3,081
-723
4,200
3,074
9,612
Cash flow from operations
178,704
19,411
574,782
234,219
314,094
122,229
20,999
158,525
-64,436
58,757
283,032
103,247
48,808
-151,322
538,818
Investing Activities
capital expenditure
-61,765
-254,272
-257,729
-87,358
-82,597
-12,367
-19,469
-100,120
-42,687
-14,811
-21,300
-28,261
-153,428
-16,194
-181,042
Change in Investments
cash flow from investments
-61,765
-254,272
-257,729
-87,358
-82,597
-12,367
-19,469
-100,120
-42,687
-14,811
-21,300
-28,261
-153,428
-16,194
-181,042
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-36,624
12,096
-49,553
60,200
6,805
-25,500
41,482
other long term liabilities
-41,482
29,700
10,659
-1,710
-20,917
-36,233
59,983
share issue
200
10,000
interest
62,235
42,156
2,899
920
5,208
3,964
2,412
1,090
2,192
2,316
1,599
894
904
1,428
922
cash flow from financing
25,611
54,252
-46,454
61,120
12,013
-21,536
2,412
30,790
12,851
606
-19,318
-35,339
60,887
1,428
10,922
cash and cash equivalents
cash
142,550
-180,609
270,599
207,981
243,510
88,326
3,942
89,194
-94,272
44,552
242,413
39,647
-43,733
-166,088
368,697
overdraft
change in cash
142,550
-180,609
270,599
207,981
243,510
88,326
3,942
89,194
-94,272
44,552
242,413
39,647
-43,733
-166,088
368,697
f.m. steelstock 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 f.m. steelstock limited. Get real-time insights into f.m. steelstock limited's credit score, group structure and payment trends.
Perform a competitor analysis for f.m. steelstock 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 NE15 area or any other competitors across 12 key performance metrics.
f.m. steelstock limited Ownership
F.M. STEELSTOCK LIMITED group structure
F.M. Steelstock Limited has no subsidiary companies.
Ultimate parent company
F.M. STEELSTOCK LIMITED
02089006
F.M. STEELSTOCK LIMITED Shareholders
The largest shareholders in F.M. Steelstock Limited include D. Maughan and Brenda Maughan.
d. maughan
50.98%
brenda maughan
27.45%
r.w. walker
9.8%
jacqueline walker
9.8%
judith halton
0.98%
lee elliott
0.98%
f.m. steelstock limited directors
F.M. Steelstock Limited currently has 3 directors.
The longest serving directors include
Mr Robert Walker (Jul 1992) and
Mr David Maughan (Jul 1992).
46730 - Wholesale of wood, construction materials and sanitary equipment
incorporation date
January 1987
age
38
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
BLAEFORD GORDON & CO LTD
auditor
-
address
newburn ford house, newburn bridge road,, newburn, newcastle upon tyne, tyne & wear, NE15 8NR
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
f.m. steelstock 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 did not find charges/mortgages relating to f.m. steelstock limited.
f.m. steelstock 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.
Click to start generating capital raising & share issue transactions for F.M. STEELSTOCK LIMITED. This can take several minutes, an email will notify you when this has completed.
f.m. steelstock limitedCompanies House Filings - See Documents
