south west structurals limited Company Information
Company Number
02346358
Next Accounts
Dec 2025
Shareholders
simon knowles
Group Structure
View All
Industry
Activities of construction holding companies
Registered Address
salisbury house london wall, london, EC2M 5PS
Website
http://kromat.comsouth west structurals limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST STRUCTURALS LIMITED at £110.4m based on a Turnover of £60.1m and 1.84x industry multiple (adjusted for size and gross margin).
south west structurals limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST STRUCTURALS LIMITED at £19.2m based on an EBITDA of £2.4m and a 7.98x industry multiple (adjusted for size and gross margin).
south west structurals limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST STRUCTURALS LIMITED at £28.3m based on Net Assets of £16.4m and 1.73x industry multiple (adjusted for liquidity).
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South West Structurals Limited Overview
South West Structurals Limited is a live company located in london, EC2M 5PS with a Companies House number of 02346358. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in February 1989, it's largest shareholder is simon knowles with a 100% stake. South West Structurals Limited is a mature, large sized company, Pomanda has estimated its turnover at £60.1m with declining growth in recent years.
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South West Structurals Limited Health Check
Pomanda's financial health check has awarded South West Structurals Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs


4 Strong

1 Regular

7 Weak

Size
annual sales of £60.1m, make it larger than the average company (£24.7m)
£60.1m - South West Structurals Limited
£24.7m - Industry AVG

Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (9.7%)
-2% - South West Structurals Limited
9.7% - Industry AVG

Production
with a gross margin of 11.8%, this company has a higher cost of product (17%)
11.8% - South West Structurals Limited
17% - Industry AVG

Profitability
an operating margin of 3.9% make it as profitable than the average company (4.5%)
3.9% - South West Structurals Limited
4.5% - Industry AVG

Employees
with 21 employees, this is below the industry average (80)
21 - South West Structurals Limited
80 - Industry AVG

Pay Structure
on an average salary of £172.7k, the company has a higher pay structure (£53.4k)
£172.7k - South West Structurals Limited
£53.4k - Industry AVG

Efficiency
resulting in sales per employee of £2.9m, this is more efficient (£341.5k)
£2.9m - South West Structurals Limited
£341.5k - Industry AVG

Debtor Days
it gets paid by customers after 72 days, this is later than average (51 days)
72 days - South West Structurals Limited
51 days - Industry AVG

Creditor Days
its suppliers are paid after 27 days, this is quicker than average (42 days)
27 days - South West Structurals Limited
42 days - Industry AVG

Stock Days
it holds stock equivalent to 77 days, this is more than average (14 days)
77 days - South West Structurals Limited
14 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (21 weeks)
25 weeks - South West Structurals Limited
21 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 48.4%, this is a lower level of debt than the average (62%)
48.4% - South West Structurals Limited
62% - Industry AVG
SOUTH WEST STRUCTURALS LIMITED financials

South West Structurals Limited's latest turnover from March 2024 is £60.1 million and the company has net assets of £16.4 million. According to their latest financial statements, South West Structurals Limited has 21 employees and maintains cash reserves of £7.6 million 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 | 60,120,821 | 83,643,154 | 110,562,787 | 64,608,289 | 87,850,444 | 82,729,139 | 84,770,943 | 77,555,850 | 60,491,162 | 77,803,887 | 76,981,001 | 61,875,561 | 52,516,884 | 41,395,109 | 26,136,887 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 53,007,302 | 72,364,393 | 103,520,851 | 59,318,395 | 83,388,073 | 77,231,338 | 78,030,274 | 71,779,321 | 54,103,957 | 72,656,719 | 71,890,311 | 58,500,891 | 48,870,960 | 38,080,255 | 23,894,688 |
Gross Profit | 7,113,519 | 11,278,761 | 7,041,936 | 5,289,894 | 4,462,371 | 5,497,801 | 6,740,669 | 5,776,529 | 6,387,205 | 5,147,168 | 5,090,690 | 3,374,670 | 3,645,924 | 3,314,854 | 2,242,199 |
Admin Expenses | 4,780,974 | 4,626,781 | 4,453,241 | 2,904,458 | 2,188,548 | 2,791,758 | 4,072,086 | 3,035,869 | 2,579,600 | 2,504,858 | 2,634,647 | 2,419,320 | 2,770,996 | 2,639,201 | 1,675,622 |
Operating Profit | 2,332,545 | 6,651,980 | 2,588,695 | 2,385,436 | 2,273,823 | 2,706,043 | 2,668,583 | 2,740,660 | 3,807,605 | 2,642,310 | 2,456,043 | 955,350 | 874,928 | 675,653 | 566,577 |
Interest Payable | 877,203 | 647,825 | 461,500 | 205,152 | 751,339 | 559,519 | 506,900 | 430,270 | 347,137 | 667,649 | 614,501 | 391,029 | 380,769 | 267,151 | 289,991 |
Interest Receivable | 146,311 | 1,788 | 1,428 | 133 | 7 | 4 | 9 | 662 | 8 | 43 | 49,426 | 8,691 | 8 | 143 | 11,604 |
Pre-Tax Profit | 1,601,653 | 6,005,943 | 2,128,623 | 2,180,417 | 1,522,491 | 2,146,528 | 2,161,692 | 2,311,052 | 3,460,476 | 1,974,704 | 1,890,968 | 573,012 | 499,163 | 408,645 | 298,559 |
Tax | -443,399 | -975,147 | -538,920 | -468,118 | -311,869 | -423,089 | -413,316 | -483,216 | -695,579 | -424,020 | -438,531 | -188,468 | -127,818 | -112,337 | -50,487 |
Profit After Tax | 1,158,254 | 5,030,796 | 1,589,703 | 1,712,299 | 1,210,622 | 1,723,439 | 1,748,376 | 1,827,836 | 2,764,897 | 1,550,684 | 1,452,437 | 384,544 | 371,345 | 296,308 | 248,072 |
Dividends Paid | 3,800,000 | 290,000 | 5,520,000 | ||||||||||||
Retained Profit | 1,128,999 | 1,206,926 | 1,281,575 | 1,694,865 | 1,198,079 | 1,710,831 | 1,737,590 | -3,707,508 | 2,747,090 | 1,533,699 | 1,441,584 | 370,127 | 358,532 | 280,477 | 234,807 |
Employee Costs | 3,627,461 | 3,992,396 | 2,773,048 | 2,134,306 | 1,388,573 | 1,976,180 | 1,548,153 | 2,191,589 | 1,744,159 | 1,582,979 | 1,845,733 | 1,794,959 | 1,995,851 | 2,031,973 | 1,127,582 |
Number Of Employees | 21 | 24 | 26 | 28 | 22 | 21 | 21 | 21 | 21 | 20 | 17 | 17 | 17 | 17 | 15 |
EBITDA* | 2,406,643 | 6,720,535 | 2,637,007 | 2,452,471 | 2,330,312 | 2,757,078 | 2,709,331 | 2,774,540 | 3,861,991 | 2,694,024 | 2,512,090 | 1,001,538 | 923,157 | 716,440 | 606,012 |
* 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 | 927,034 | 933,841 | 892,600 | 915,433 | 933,738 | 948,708 | 934,279 | 944,621 | 974,126 | 983,571 | 991,930 | 988,306 | 1,028,446 | 1,039,758 | 1,049,932 |
Intangible Assets | |||||||||||||||
Investments & Other | 50 | 50 | |||||||||||||
Debtors (Due After 1 year) | 129,722 | 128,879 | 22,940 | 11,538 | |||||||||||
Total Fixed Assets | 1,056,756 | 1,062,720 | 915,540 | 926,971 | 933,738 | 948,708 | 934,279 | 944,621 | 974,126 | 983,571 | 991,930 | 988,306 | 1,028,446 | 1,039,808 | 1,049,982 |
Stock & work in progress | 11,220,453 | 15,179,841 | 21,043,985 | 14,079,245 | 12,289,795 | 15,520,574 | 15,927,121 | 10,441,301 | 9,878,529 | 10,948,887 | 15,117,291 | 9,218,383 | 7,355,570 | 6,863,661 | 2,557,993 |
Trade Debtors | 11,994,793 | 16,355,982 | 24,463,823 | 19,498,483 | 19,055,428 | 26,641,268 | 25,158,269 | 24,702,940 | 15,836,657 | 17,654,254 | 25,298,797 | 20,397,540 | 15,648,883 | 15,960,725 | 8,636,930 |
Group Debtors | |||||||||||||||
Misc Debtors | 434,379 | 471,329 | 322,552 | 154,911 | 147,740 | 226,700 | 220,943 | 384,291 | 674,370 | 209,861 | 164,786 | 130,707 | 146,361 | 94,323 | 131,868 |
Cash | 7,609,010 | 2,797,872 | 3,221,226 | 3,182,136 | 2,568,746 | 3,011,134 | 2,705,077 | 3,126,866 | 2,735,213 | 532,447 | 3,781,678 | 2,748,952 | 2,868,567 | 3,730,334 | 1,963,085 |
misc current assets | |||||||||||||||
total current assets | 31,258,635 | 34,805,024 | 49,051,586 | 36,914,775 | 34,061,709 | 45,399,676 | 44,011,410 | 38,655,398 | 29,124,769 | 29,345,449 | 44,362,552 | 32,495,582 | 26,019,381 | 26,649,043 | 13,289,876 |
total assets | 32,315,391 | 35,867,744 | 49,967,126 | 37,841,746 | 34,995,447 | 46,348,384 | 44,945,689 | 39,600,019 | 30,098,895 | 30,329,020 | 45,354,482 | 33,483,888 | 27,047,827 | 27,688,851 | 14,339,858 |
Bank overdraft | 3,161,243 | 19,667,227 | 14,077,930 | 14,560,091 | 29,467,343 | 21,766,924 | 15,291,931 | 16,145,099 | 7,521,028 | ||||||
Bank loan | 13,272,609 | 26,955,411 | 25,224,745 | ||||||||||||
Trade Creditors | 4,012,305 | 2,929,030 | 4,158,218 | 1,832,799 | 3,421,594 | 1,298,058 | 3,337,177 | 1,640,561 | 3,593,150 | 4,622,478 | 5,619,536 | 3,389,726 | 4,614,445 | 5,092,198 | 1,831,948 |
Group/Directors Accounts | |||||||||||||||
other short term finances | 7,526,086 | 8,866,742 | 4,985,049 | 5,382,549 | 22,732,420 | 13,005,637 | |||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 4,021,683 | 5,313,823 | 6,385,864 | 3,562,061 | 6,527,136 | 7,531,429 | 7,543,720 | 8,067,887 | 2,648,793 | 3,054,069 | 3,731,869 | 3,243,116 | 2,436,758 | 2,121,306 | 1,054,416 |
total current liabilities | 15,560,074 | 20,270,838 | 35,196,358 | 24,855,339 | 23,221,339 | 35,784,898 | 36,105,642 | 32,440,868 | 19,247,580 | 22,236,638 | 38,818,748 | 28,399,766 | 22,343,134 | 23,358,603 | 10,407,392 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 80,000 | 80,000 | 484,658 | 5,964 | 825 | 5,940 | 2,840 | 1,366 | |||||||
total long term liabilities | 80,000 | 80,000 | 484,658 | 5,964 | 825 | 5,940 | 2,840 | 1,366 | |||||||
total liabilities | 15,640,074 | 20,350,838 | 35,681,016 | 24,855,339 | 23,221,339 | 35,784,898 | 36,105,642 | 32,440,868 | 19,247,580 | 22,242,602 | 38,818,748 | 28,400,591 | 22,349,074 | 23,361,443 | 10,408,758 |
net assets | 16,385,905 | 15,256,906 | 14,049,980 | 12,768,405 | 11,573,540 | 10,375,461 | 8,664,630 | 6,924,786 | 10,632,294 | 7,885,204 | 6,351,505 | 4,909,921 | 4,539,794 | 4,181,262 | 3,800,785 |
total shareholders funds | 16,385,905 | 15,256,906 | 14,049,980 | 12,768,405 | 11,573,540 | 10,375,461 | 8,664,630 | 6,924,786 | 10,632,294 | 7,885,204 | 6,351,505 | 4,909,921 | 4,539,794 | 4,181,262 | 3,800,785 |
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 | 2,332,545 | 6,651,980 | 2,588,695 | 2,385,436 | 2,273,823 | 2,706,043 | 2,668,583 | 2,740,660 | 3,807,605 | 2,642,310 | 2,456,043 | 955,350 | 874,928 | 675,653 | 566,577 |
Depreciation | 74,098 | 68,555 | 48,312 | 67,035 | 56,489 | 51,035 | 40,748 | 33,880 | 54,386 | 51,714 | 56,047 | 46,188 | 48,229 | 40,787 | 39,435 |
Amortisation | |||||||||||||||
Tax | -443,399 | -975,147 | -538,920 | -468,118 | -311,869 | -423,089 | -413,316 | -483,216 | -695,579 | -424,020 | -438,531 | -188,468 | -127,818 | -112,337 | -50,487 |
Stock | -3,959,388 | -5,864,144 | 6,964,740 | 1,789,450 | -3,230,779 | -406,547 | 5,485,820 | 562,772 | -1,070,358 | -4,168,404 | 5,898,908 | 1,862,813 | 491,909 | 4,305,668 | 2,557,993 |
Debtors | -4,397,296 | -7,853,125 | 5,144,383 | 461,764 | -7,664,800 | 1,488,756 | 291,981 | 8,576,204 | -1,353,088 | -7,599,468 | 4,935,336 | 4,733,003 | -259,804 | 7,286,250 | 8,768,798 |
Creditors | 1,083,275 | -1,229,188 | 2,325,419 | -1,588,795 | 2,123,536 | -2,039,119 | 1,696,616 | -1,952,589 | -1,029,328 | -997,058 | 2,229,810 | -1,224,719 | -477,753 | 3,260,250 | 1,831,948 |
Accruals and Deferred Income | -1,292,140 | -1,072,041 | 2,823,803 | -2,965,075 | -1,004,293 | -12,291 | -524,167 | 5,419,094 | -405,276 | -677,800 | 488,753 | 806,358 | 315,452 | 1,066,890 | 1,054,416 |
Deferred Taxes & Provisions | -404,658 | 484,658 | -5,964 | 5,964 | -825 | -5,115 | 3,100 | 1,474 | 1,366 | ||||||
Cash flow from operations | 10,111,063 | 16,756,770 | -4,377,156 | -4,820,731 | 14,033,265 | -799,630 | -2,309,337 | -3,381,147 | 4,149,290 | 12,368,982 | -6,042,947 | -6,206,222 | 404,033 | -6,659,201 | -7,883,536 |
Investing Activities | |||||||||||||||
capital expenditure | 11,521 | 7,200 | -39,426 | -55,185 | -6,048 | -31,871 | 69,387 | -33,902 | |||||||
Change in Investments | -50 | 50 | |||||||||||||
cash flow from investments | 11,521 | 7,200 | -39,426 | -55,185 | -6,048 | -31,821 | 69,387 | -33,952 | |||||||
Financing Activities | |||||||||||||||
Bank loans | -13,272,609 | -13,682,802 | 1,730,666 | 25,224,745 | |||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | -1,340,656 | 3,881,693 | -397,500 | 5,382,549 | -22,732,420 | 9,726,783 | 13,005,637 | ||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | -730,892 | -646,037 | -460,072 | -205,019 | -751,332 | -559,515 | -506,891 | -429,608 | -347,129 | -667,606 | -565,075 | -382,338 | -380,761 | -267,008 | -278,387 |
cash flow from financing | -2,071,548 | 3,235,656 | -857,572 | -8,595,079 | -14,434,134 | 1,171,151 | 1,987,688 | 9,297,175 | 12,658,508 | -667,606 | -565,075 | -382,338 | -380,761 | -167,008 | 3,287,591 |
cash and cash equivalents | |||||||||||||||
cash | 4,811,138 | -423,354 | 39,090 | 613,390 | -442,388 | 306,057 | -421,789 | 391,653 | 2,202,766 | -3,249,231 | 1,032,726 | -119,615 | -861,767 | 1,767,249 | 1,963,085 |
overdraft | -3,161,243 | -16,505,984 | 5,589,297 | 14,077,930 | -14,560,091 | -14,907,252 | 7,700,419 | 6,474,993 | -853,168 | 8,624,071 | 7,521,028 | ||||
change in cash | 7,972,381 | 16,082,630 | -5,550,207 | -13,464,540 | -442,388 | 306,057 | -421,789 | 391,653 | 16,762,857 | 11,658,021 | -6,667,693 | -6,594,608 | -8,599 | -6,856,822 | -5,557,943 |
south west structurals limited Credit Report and Business Information
South West Structurals Limited Competitor Analysis

Perform a competitor analysis for south west structurals limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2M area or any other competitors across 12 key performance metrics.
south west structurals limited Ownership
SOUTH WEST STRUCTURALS LIMITED group structure
South West Structurals Limited has 2 subsidiary companies.
Ultimate parent company
SOUTH WEST STRUCTURALS LIMITED
02346358
2 subsidiaries
south west structurals limited directors
South West Structurals Limited currently has 2 directors. The longest serving directors include Mr Simon Knowles (Feb 1991) and Mr Godfrey Watt (Nov 2002).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Simon Knowles | 69 years | Feb 1991 | - | Director | |
Mr Godfrey Watt | 74 years | Nov 2002 | - | Director |
P&L
March 2024turnover
60.1m
-28%
operating profit
2.3m
-65%
gross margin
11.9%
-12.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
16.4m
+0.07%
total assets
32.3m
-0.1%
cash
7.6m
+1.72%
net assets
Total assets minus all liabilities
south west structurals limited company details
company number
02346358
Type
Private limited with Share Capital
industry
64203 - Activities of construction holding companies
incorporation date
February 1989
age
36
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
d & a 1794 limited (April 1989)
accountant
-
auditor
COTTONS ACCOUNTANTS LLP
address
salisbury house london wall, london, EC2M 5PS
Bank
HSBC BANK PLC
Legal Advisor
-
south west structurals 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 8 charges/mortgages relating to south west structurals limited. Currently there are 4 open charges and 4 have been satisfied in the past.
south west structurals limited Capital Raised & Share Issues BETA
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south west structurals limited Companies House Filings - See Documents
date | description | view/download |
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