signwaves limited
signwaves limited Company Information
Company Number
02331929
Next Accounts
Dec 2025
Shareholders
signwaves holdings limited
Group Structure
View All
Industry
Manufacture of other furniture
Registered Address
lefevre way, gapton hall industrial estate, great yarmouth, norfolk, NR31 0NW
Website
www.signwaves.co.uksignwaves limited Estimated Valuation
Pomanda estimates the enterprise value of SIGNWAVES LIMITED at £3.6m based on a Turnover of £7.9m and 0.46x industry multiple (adjusted for size and gross margin).
signwaves limited Estimated Valuation
Pomanda estimates the enterprise value of SIGNWAVES LIMITED at £2.9m based on an EBITDA of £664.4k and a 4.29x industry multiple (adjusted for size and gross margin).
signwaves limited Estimated Valuation
Pomanda estimates the enterprise value of SIGNWAVES LIMITED at £12.4m based on Net Assets of £6.5m and 1.92x industry multiple (adjusted for liquidity).
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Signwaves Limited Overview
Signwaves Limited is a live company located in great yarmouth, NR31 0NW with a Companies House number of 02331929. It operates in the manufacture of other furniture sector, SIC Code 31090. Founded in December 1988, it's largest shareholder is signwaves holdings limited with a 100% stake. Signwaves Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.9m with healthy growth in recent years.
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Signwaves Limited Health Check
Pomanda's financial health check has awarded Signwaves Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £7.9m, make it smaller than the average company (£11.1m)
£7.9m - Signwaves Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10.2%)
6% - Signwaves Limited
10.2% - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (31.3%)
35.1% - Signwaves Limited
31.3% - Industry AVG
Profitability
an operating margin of 6.1% make it more profitable than the average company (3.7%)
6.1% - Signwaves Limited
3.7% - Industry AVG
Employees
with 66 employees, this is similar to the industry average (77)
66 - Signwaves Limited
77 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£33.5k)
£30.7k - Signwaves Limited
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £119k, this is equally as efficient (£126.5k)
£119k - Signwaves Limited
£126.5k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (41 days)
49 days - Signwaves Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (39 days)
44 days - Signwaves Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 114 days, this is more than average (40 days)
114 days - Signwaves Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (17 weeks)
26 weeks - Signwaves Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (59.4%)
28.9% - Signwaves Limited
59.4% - Industry AVG
SIGNWAVES LIMITED financials
Signwaves Limited's latest turnover from March 2024 is £7.9 million and the company has net assets of £6.5 million. According to their latest financial statements, Signwaves Limited has 66 employees and maintains cash reserves of £734.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,851,446 | 7,445,607 | 8,067,667 | 6,636,747 | 6,617,283 | 8,604,389 | 9,252,770 | 8,291,123 | 10,462,438 | 9,297,458 | 9,258,093 | 8,651,169 | 8,662,270 | 7,993,568 | 7,146,808 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 5,099,007 | 4,984,738 | 5,231,581 | 4,356,690 | 4,127,151 | 5,223,374 | 5,548,074 | 5,056,397 | 6,522,528 | 6,238,091 | 5,647,193 | ||||
| Gross Profit | 2,752,439 | 2,460,869 | 2,836,086 | 2,280,057 | 2,490,132 | 3,381,015 | 3,704,696 | 3,234,726 | 3,939,910 | 3,059,367 | 3,015,077 | ||||
| Admin Expenses | 2,273,974 | 2,239,807 | 2,163,434 | 1,723,031 | 2,220,171 | 2,721,210 | 2,611,626 | 2,902,840 | 2,859,662 | 2,465,255 | 2,212,742 | ||||
| Operating Profit | 478,465 | 221,062 | 672,652 | 557,026 | 269,961 | 659,805 | 1,093,070 | 331,886 | 1,080,248 | 594,112 | 673,238 | 729,955 | 802,335 | 703,455 | 581,840 |
| Interest Payable | 59,685 | 65,146 | 70,145 | 79,223 | 82,343 | 22,508 | 326 | 0 | 3,258 | 2,264 | 2,300 | 2,964 | 3,824 | 6,424 | 6,044 |
| Interest Receivable | 31,573 | 35,436 | 40,093 | 44,575 | 49,004 | 0 | 0 | 306 | 4,956 | 2,913 | 3,421 | 4,469 | 3,554 | 3,676 | 4,450 |
| Pre-Tax Profit | 450,353 | 191,352 | 642,600 | 522,378 | 236,622 | 637,297 | 1,092,744 | 332,192 | 1,081,946 | 594,761 | 674,359 | 731,460 | 802,065 | 700,707 | 579,632 |
| Tax | -23,167 | -42,242 | -153,615 | -111,171 | -43,110 | -128,819 | -208,106 | -71,391 | -235,376 | -135,553 | -162,193 | -171,531 | -210,841 | -207,740 | -151,698 |
| Profit After Tax | 427,186 | 149,110 | 488,985 | 411,207 | 193,512 | 508,478 | 884,638 | 260,801 | 846,570 | 459,208 | 512,166 | 559,929 | 591,224 | 492,967 | 427,934 |
| Dividends Paid | 0 | 1,300,000 | 0 | 0 | 0 | 200,000 | 200,000 | 240,000 | 230,000 | 252,063 | 188,253 | 136,100 | 203,592 | 0 | 75,000 |
| Retained Profit | 427,186 | -1,150,890 | 488,985 | 411,207 | 193,512 | 308,478 | 684,638 | 20,801 | 616,570 | 207,145 | 323,913 | 423,829 | 387,632 | 492,967 | 352,934 |
| Employee Costs | 2,029,340 | 1,982,087 | 1,956,764 | 1,797,755 | 1,865,709 | 1,709,054 | 1,653,638 | 1,858,476 | 1,844,219 | 1,955,403 | 1,963,520 | 2,008,217 | 2,106,339 | 1,998,965 | 1,693,952 |
| Number Of Employees | 66 | 65 | 69 | 68 | 66 | 72 | 69 | 73 | 86 | 93 | 92 | 92 | 94 | 87 | 74 |
| EBITDA* | 664,392 | 436,368 | 871,016 | 736,938 | 462,587 | 847,112 | 1,255,813 | 510,285 | 1,260,357 | 796,041 | 888,335 | 924,208 | 965,329 | 840,412 | 694,282 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,848,733 | 3,936,919 | 3,889,099 | 3,836,335 | 3,995,159 | 4,009,326 | 3,521,384 | 2,941,784 | 2,770,532 | 1,922,073 | 1,929,946 | 2,004,126 | 1,851,410 | 1,884,923 | 1,959,973 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 290 | 810 | 1,333 | 8,405 | 105,124 | 149,262 | 146,484 | 6,040 | 5,802 | 6,420 |
| Investments & Other | 667 | 667 | 667 | 667 | 667 | 0 | 0 | 0 | 0 | 0 | 667 | 667 | 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 | 3,849,400 | 3,937,586 | 3,889,766 | 3,837,002 | 3,995,826 | 4,009,616 | 3,522,194 | 2,943,117 | 2,778,937 | 2,027,197 | 2,079,875 | 2,151,277 | 1,857,450 | 1,890,725 | 1,966,393 |
| Stock & work in progress | 1,605,106 | 1,616,502 | 1,882,301 | 1,515,950 | 1,254,921 | 1,669,664 | 1,452,730 | 1,445,377 | 1,351,883 | 1,602,089 | 1,239,996 | 1,218,601 | 1,231,159 | 810,939 | 947,960 |
| Trade Debtors | 1,064,677 | 1,171,011 | 1,139,706 | 1,255,942 | 1,011,145 | 1,079,940 | 1,208,310 | 1,588,937 | 1,715,692 | 1,489,272 | 1,699,401 | 1,342,980 | 1,721,500 | 959,401 | 1,051,917 |
| Group Debtors | 1,366,596 | 1,329,644 | 2,356,344 | 2,198,733 | 1,964,139 | 1,806,135 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 482,453 | 401,518 | 407,223 | 385,104 | 574,831 | 392,636 | 766,911 | 840,063 | 655,308 | 828,292 | 233,821 | 224,791 | 134,547 | 163,571 | 77,677 |
| Cash | 734,875 | 359,620 | 574,918 | 632,458 | 806,192 | 834,357 | 916,061 | 6,574 | 367,731 | 438,909 | 738,687 | 616,522 | 163,806 | 932,846 | 129,592 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,253,707 | 4,878,295 | 6,360,492 | 5,988,187 | 5,611,228 | 5,782,732 | 4,344,012 | 3,880,951 | 4,090,614 | 4,358,562 | 3,911,905 | 3,402,894 | 3,251,012 | 2,866,757 | 2,207,146 |
| total assets | 9,103,107 | 8,815,881 | 10,250,258 | 9,825,189 | 9,607,054 | 9,792,348 | 7,866,206 | 6,824,068 | 6,869,551 | 6,385,759 | 5,991,780 | 5,554,171 | 5,108,462 | 4,757,482 | 4,173,539 |
| Bank overdraft | 204,583 | 196,258 | 188,508 | 180,948 | 173,692 | 166,529 | 0 | 138,611 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,004 | 34,780 | 34,580 | 33,060 | 33,060 | 32,425 | 38,962 |
| Trade Creditors | 620,975 | 528,018 | 625,464 | 632,914 | 574,339 | 712,498 | 571,592 | 736,967 | 560,033 | 586,465 | 685,502 | 562,222 | 459,315 | 420,716 | 548,217 |
| Group/Directors Accounts | 94,735 | 110,199 | 29,597 | 1,799 | 155,088 | 1,799 | 1,800 | 1,800 | 1,800 | 21,850 | 667 | 48,167 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 48,499 | 56,847 | 25,720 | 23,970 | 22,339 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,418 | 9,273 |
| other current liabilities | 463,804 | 428,471 | 664,459 | 597,621 | 494,327 | 598,609 | 1,137,538 | 491,095 | 862,185 | 892,040 | 601,595 | 532,976 | 669,474 | 702,785 | 449,246 |
| total current liabilities | 1,432,596 | 1,319,793 | 1,533,748 | 1,437,252 | 1,419,785 | 1,479,435 | 1,710,930 | 1,368,473 | 1,456,022 | 1,535,135 | 1,322,344 | 1,176,425 | 1,161,849 | 1,158,344 | 1,045,698 |
| loans | 884,256 | 1,088,839 | 1,285,078 | 1,473,578 | 1,654,513 | 1,828,187 | 0 | 0 | 0 | 31,604 | 67,434 | 103,914 | 138,217 | 172,500 | 198,988 |
| hp & lease commitments | 95,489 | 143,988 | 44,678 | 70,397 | 94,192 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,418 |
| Accruals and Deferred Income | 36,226 | 37,468 | 41,440 | 45,425 | 49,410 | 53,396 | 57,382 | 61,368 | 65,354 | 69,340 | 0 | 0 | 75,156 | 78,592 | 82,028 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 178,916 | 177,355 | 145,986 | 88,194 | 90,018 | 72,077 | 47,119 | 28,090 | 2,838 | 20,913 | 12,096 | 4,403 | 25,713 | 28,151 | 17,479 |
| total long term liabilities | 1,194,887 | 1,447,650 | 1,517,182 | 1,677,594 | 1,888,133 | 1,953,660 | 104,501 | 89,458 | 68,192 | 121,857 | 79,530 | 108,317 | 239,086 | 279,243 | 300,913 |
| total liabilities | 2,627,483 | 2,767,443 | 3,050,930 | 3,114,846 | 3,307,918 | 3,433,095 | 1,815,431 | 1,457,931 | 1,524,214 | 1,656,992 | 1,401,874 | 1,284,742 | 1,400,935 | 1,437,587 | 1,346,611 |
| net assets | 6,475,624 | 6,048,438 | 7,199,328 | 6,710,343 | 6,299,136 | 6,359,253 | 6,050,775 | 5,366,137 | 5,345,337 | 4,728,767 | 4,589,906 | 4,269,429 | 3,707,527 | 3,319,895 | 2,826,928 |
| total shareholders funds | 6,475,624 | 6,048,438 | 7,199,328 | 6,710,343 | 6,299,136 | 6,359,253 | 6,050,775 | 5,366,137 | 5,345,337 | 4,728,767 | 4,589,906 | 4,269,429 | 3,707,527 | 3,319,895 | 2,826,928 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 478,465 | 221,062 | 672,652 | 557,026 | 269,961 | 659,805 | 1,093,070 | 331,886 | 1,080,248 | 594,112 | 673,238 | 729,955 | 802,335 | 703,455 | 581,840 |
| Depreciation | 185,927 | 215,306 | 198,364 | 179,912 | 192,336 | 186,787 | 162,220 | 171,327 | 152,680 | 155,964 | 160,617 | 172,750 | 152,023 | 129,070 | 106,823 |
| Amortisation | 0 | 0 | 0 | 0 | 290 | 520 | 523 | 7,072 | 27,429 | 45,965 | 54,480 | 21,503 | 10,971 | 7,887 | 5,619 |
| Tax | -23,167 | -42,242 | -153,615 | -111,171 | -43,110 | -128,819 | -208,106 | -71,391 | -235,376 | -135,553 | -162,193 | -171,531 | -210,841 | -207,740 | -151,698 |
| Stock | -11,396 | -265,799 | 366,351 | 261,029 | -414,743 | 216,934 | 7,353 | 93,494 | -250,206 | 362,093 | 21,395 | -12,558 | 420,220 | -137,021 | 947,960 |
| Debtors | 11,553 | -1,001,100 | 63,494 | 289,664 | 271,404 | 1,303,490 | -453,779 | 58,000 | 53,436 | 384,342 | 365,451 | -288,276 | 733,075 | -6,622 | 1,129,594 |
| Creditors | 92,957 | -97,446 | -7,450 | 58,575 | -138,159 | 140,906 | -165,375 | 176,934 | -26,432 | -99,037 | 123,280 | 102,907 | 38,599 | -127,501 | 548,217 |
| Accruals and Deferred Income | 34,091 | -239,960 | 62,853 | 99,309 | -108,268 | -542,915 | 642,457 | -375,076 | -33,841 | 359,785 | 68,619 | -211,654 | -36,747 | 250,103 | 531,274 |
| Deferred Taxes & Provisions | 1,561 | 31,369 | 57,792 | -1,824 | 17,941 | 24,958 | 19,029 | 25,252 | -18,075 | 8,817 | 7,693 | -21,310 | -2,438 | 10,672 | 17,479 |
| Cash flow from operations | 769,677 | 1,354,988 | 400,751 | 231,134 | 334,330 | -1,179,182 | 1,990,244 | 114,510 | 1,143,403 | 183,618 | 538,888 | 923,454 | -399,393 | 909,589 | -438,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -668,655 | -741,820 | -339,277 | -1,014,244 | -149,918 | -142,950 | -260,457 | -131,372 | -56,889 | -175,655 |
| Change in Investments | 0 | 0 | 0 | 0 | 667 | 0 | 0 | 0 | 0 | -667 | 0 | 667 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -667 | -668,655 | -741,820 | -339,277 | -1,014,244 | -149,251 | -142,950 | -261,124 | -131,372 | -56,889 | -175,655 |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32,004 | -2,776 | 200 | 1,520 | 0 | 635 | -6,537 | 38,962 |
| Group/Directors Accounts | -15,464 | 80,602 | 27,798 | -153,289 | 153,289 | -1 | 0 | 0 | -20,050 | 21,183 | -47,500 | 48,167 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -204,583 | -196,239 | -188,500 | -180,935 | -173,674 | 1,828,187 | 0 | 0 | -31,604 | -35,830 | -36,480 | -34,303 | -34,283 | -26,488 | 198,988 |
| Hire Purchase and Lease Commitments | -56,847 | 130,437 | -23,969 | -22,164 | 116,531 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,418 | -9,273 | 11,691 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -28,112 | -29,710 | -30,052 | -34,648 | -33,339 | -22,508 | -326 | 306 | 1,698 | 649 | 1,121 | 1,505 | -270 | -2,748 | -1,594 |
| cash flow from financing | -305,006 | -14,910 | -214,723 | -391,036 | -190,822 | 1,805,678 | -326 | -31,699 | -52,732 | -82,082 | -84,775 | 153,442 | -36,336 | -45,046 | 2,722,041 |
| cash and cash equivalents | |||||||||||||||
| cash | 375,255 | -215,298 | -57,540 | -173,734 | -28,165 | -81,704 | 909,487 | -361,157 | -71,178 | -299,778 | 122,165 | 452,716 | -769,040 | 803,254 | 129,592 |
| overdraft | 8,325 | 7,750 | 7,560 | 7,256 | 7,163 | 166,529 | -138,611 | 138,611 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 366,930 | -223,048 | -65,100 | -180,990 | -35,328 | -248,233 | 1,048,098 | -499,768 | -71,178 | -299,778 | 122,165 | 452,716 | -769,040 | 803,254 | 129,592 |
signwaves limited Credit Report and Business Information
Signwaves Limited Competitor Analysis
Perform a competitor analysis for signwaves limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NR31 area or any other competitors across 12 key performance metrics.
signwaves limited Ownership
SIGNWAVES LIMITED group structure
Signwaves Limited has 1 subsidiary company.
Ultimate parent company
1 parent
SIGNWAVES LIMITED
02331929
1 subsidiary
signwaves limited directors
Signwaves Limited currently has 5 directors. The longest serving directors include Mr Mark Ford (Dec 1991) and Mrs Lynn Ford (Apr 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Ford | 65 years | Dec 1991 | - | Director | |
| Mrs Lynn Ford | 62 years | Apr 1997 | - | Director | |
| Mr Robert Brown | 58 years | May 2003 | - | Director | |
| Mr Harry Ford | 32 years | Apr 2024 | - | Director | |
| Miss Julia Francis | 50 years | Apr 2024 | - | Director |
P&L
March 2024turnover
7.9m
+5%
operating profit
478.5k
+116%
gross margin
35.1%
+6.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
6.5m
+0.07%
total assets
9.1m
+0.03%
cash
734.9k
+1.04%
net assets
Total assets minus all liabilities
Similar Companies
signwaves limited company details
company number
02331929
Type
Private limited with Share Capital
industry
31090 - Manufacture of other furniture
incorporation date
December 1988
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
LOVEWELL BLAKE LLP
address
lefevre way, gapton hall industrial estate, great yarmouth, norfolk, NR31 0NW
Bank
-
Legal Advisor
-
signwaves 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 11 charges/mortgages relating to signwaves limited. Currently there are 7 open charges and 4 have been satisfied in the past.
signwaves limited Capital Raised & Share Issues BETA
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signwaves limited Companies House Filings - See Documents
| date | description | view/download |
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