sherwood stainless and aluminium ltd
sherwood stainless and aluminium ltd Company Information
Company Number
02412308
Next Accounts
Dec 2025
Shareholders
terence franklin
paul thurston
View AllGroup Structure
View All
Industry
Manufacture of other fabricated metal products n.e.c.
Registered Address
the science park, mammoth drive stafford road, wolverhampton, WV10 9TF
sherwood stainless and aluminium ltd Estimated Valuation
Pomanda estimates the enterprise value of SHERWOOD STAINLESS AND ALUMINIUM LTD at £33.4m based on a Turnover of £37.6m and 0.89x industry multiple (adjusted for size and gross margin).
sherwood stainless and aluminium ltd Estimated Valuation
Pomanda estimates the enterprise value of SHERWOOD STAINLESS AND ALUMINIUM LTD at £20.8m based on an EBITDA of £3m and a 6.97x industry multiple (adjusted for size and gross margin).
sherwood stainless and aluminium ltd Estimated Valuation
Pomanda estimates the enterprise value of SHERWOOD STAINLESS AND ALUMINIUM LTD at £19.1m based on Net Assets of £9.7m and 1.96x industry multiple (adjusted for liquidity).
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Sherwood Stainless And Aluminium Ltd Overview
Sherwood Stainless And Aluminium Ltd is a live company located in wolverhampton, WV10 9TF with a Companies House number of 02412308. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in August 1989, it's largest shareholder is terence franklin with a 45.5% stake. Sherwood Stainless And Aluminium Ltd is a mature, large sized company, Pomanda has estimated its turnover at £37.6m with high growth in recent years.
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Sherwood Stainless And Aluminium Ltd Health Check
Pomanda's financial health check has awarded Sherwood Stainless And Aluminium Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
5 Regular
2 Weak
Size
annual sales of £37.6m, make it larger than the average company (£13.5m)
£37.6m - Sherwood Stainless And Aluminium Ltd
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.6%)
17% - Sherwood Stainless And Aluminium Ltd
9.6% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (29.3%)
26.6% - Sherwood Stainless And Aluminium Ltd
29.3% - Industry AVG
Profitability
an operating margin of 5.3% make it as profitable than the average company (6.3%)
5.3% - Sherwood Stainless And Aluminium Ltd
6.3% - Industry AVG
Employees
with 203 employees, this is above the industry average (80)
203 - Sherwood Stainless And Aluminium Ltd
80 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£40.9k)
£38.3k - Sherwood Stainless And Aluminium Ltd
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £185.3k, this is more efficient (£151.7k)
£185.3k - Sherwood Stainless And Aluminium Ltd
£151.7k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (59 days)
59 days - Sherwood Stainless And Aluminium Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (44 days)
62 days - Sherwood Stainless And Aluminium Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is in line with average (67 days)
60 days - Sherwood Stainless And Aluminium Ltd
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Sherwood Stainless And Aluminium Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.3%, this is a higher level of debt than the average (45.8%)
52.3% - Sherwood Stainless And Aluminium Ltd
45.8% - Industry AVG
SHERWOOD STAINLESS AND ALUMINIUM LTD financials
Sherwood Stainless And Aluminium Ltd's latest turnover from March 2024 is £37.6 million and the company has net assets of £9.7 million. According to their latest financial statements, Sherwood Stainless And Aluminium Ltd has 203 employees and maintains cash reserves of £512.6 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 | 37,612,223 | 42,294,929 | 32,006,345 | 23,448,428 | 27,672,721 | 27,374,984 | 26,896,884 | 20,763,685 | 20,643,987 | 18,102,315 | 13,983,548 | 12,225,816 | 10,116,793 | 9,300,411 | 7,013,077 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 27,592,500 | 33,056,058 | 23,693,126 | 18,166,230 | 22,043,326 | 21,007,360 | 21,009,177 | 15,325,958 | |||||||
| Gross Profit | 10,019,723 | 9,238,871 | 8,313,219 | 5,282,198 | 5,629,395 | 6,367,624 | 5,887,707 | 5,437,727 | |||||||
| Admin Expenses | 8,030,686 | 7,688,743 | 4,931,287 | 3,407,762 | 4,057,730 | 4,162,022 | 3,662,808 | 3,104,690 | |||||||
| Operating Profit | 1,989,037 | 1,550,128 | 3,381,932 | 1,874,436 | 1,571,665 | 2,205,602 | 2,224,899 | 2,333,037 | 2,139,380 | 1,815,144 | 980,111 | 499,871 | 524,369 | 533,297 | 1,062,891 |
| Interest Payable | 356,560 | 226,373 | 94,419 | 53,378 | 123,762 | 160,673 | 105,229 | 158,451 | 125,573 | 94,025 | 76,056 | 56,464 | 61,767 | 58,130 | 33,292 |
| Interest Receivable | 66,667 | 22,171 | 18,028 | 16,584 | 238 | 173 | 4 | 8 | 89 | ||||||
| Pre-Tax Profit | 1,699,144 | 1,345,926 | 3,305,541 | 1,837,642 | 1,448,141 | 2,045,102 | 2,119,670 | 2,174,586 | 2,013,807 | 1,721,119 | 904,055 | 443,407 | 462,606 | 475,175 | 1,029,688 |
| Tax | -432,618 | -79,492 | -590,362 | -308,016 | -241,330 | -366,677 | -362,224 | -411,210 | -330,504 | -347,730 | -197,005 | -104,037 | -125,145 | -131,895 | -287,537 |
| Profit After Tax | 1,266,526 | 1,266,434 | 2,715,179 | 1,529,626 | 1,206,811 | 1,678,425 | 1,757,446 | 1,763,376 | 1,683,303 | 1,373,389 | 707,050 | 339,370 | 337,461 | 343,280 | 742,151 |
| Dividends Paid | 500,000 | 70,000 | 10,000 | 1,040,000 | 40,000 | 1,510,000 | 195,000 | 1,297,000 | 649,000 | 282,000 | 247,000 | 309,000 | 702,000 | ||
| Retained Profit | 1,266,526 | 1,266,434 | 2,215,179 | 1,459,626 | 1,196,811 | 638,425 | 1,717,446 | 253,376 | 1,488,303 | 76,389 | 58,050 | 57,370 | 90,461 | 34,280 | 40,151 |
| Employee Costs | 7,780,310 | 6,979,502 | 5,061,131 | 3,878,697 | 3,843,040 | 3,658,163 | 3,369,971 | 3,004,408 | 2,991,328 | 2,510,685 | 2,048,023 | 2,078,536 | 1,373,396 | 1,385,305 | 1,082,579 |
| Number Of Employees | 203 | 193 | 131 | 110 | 112 | 107 | 88 | 77 | 77 | 71 | 60 | 56 | 49 | 48 | 41 |
| EBITDA* | 2,990,053 | 2,483,859 | 3,973,574 | 2,379,363 | 2,045,925 | 2,688,642 | 2,661,856 | 2,790,446 | 2,598,193 | 2,156,587 | 1,266,155 | 747,967 | 730,041 | 752,348 | 1,213,649 |
* 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 | 7,499,358 | 5,838,581 | 3,990,426 | 3,883,282 | 3,838,149 | 3,854,168 | 2,297,968 | 2,536,254 | 2,619,745 | 2,383,003 | 2,103,671 | 1,540,094 | 1,565,801 | 1,697,312 | 1,472,122 |
| Intangible Assets | 1,065,069 | 1,205,346 | 1,002,659 | ||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8,564,427 | 7,043,927 | 4,993,085 | 3,883,282 | 3,838,149 | 3,854,168 | 2,297,968 | 2,536,254 | 2,619,745 | 2,383,003 | 2,103,671 | 1,540,094 | 1,565,801 | 1,697,312 | 1,472,122 |
| Stock & work in progress | 4,591,090 | 6,227,665 | 8,579,012 | 3,714,364 | 3,339,656 | 4,397,349 | 4,339,378 | 3,654,481 | 3,990,868 | 3,652,985 | 2,172,071 | 2,003,246 | 1,636,118 | 1,956,682 | 1,194,794 |
| Trade Debtors | 6,172,905 | 6,169,948 | 5,917,387 | 5,174,100 | 4,477,187 | 4,347,319 | 3,820,697 | 3,819,987 | 3,019,083 | 3,469,798 | 2,230,137 | 2,228,059 | 1,894,104 | 1,560,767 | 1,344,214 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 551,145 | 685,209 | 136,595 | 90,081 | 143,931 | 137,328 | 166,939 | 195,433 | 48,893 | 23,730 | 18,654 | 30,105 | 13,497 | 5,152 | 8,577 |
| Cash | 512,555 | 649,046 | 945,205 | 131,605 | 55,130 | 31,263 | 29,291 | 18,158 | 33,042 | 31,875 | 95,506 | 186,791 | 21,857 | 69,559 | 37,314 |
| misc current assets | 2,092,301 | ||||||||||||||
| total current assets | 11,827,695 | 13,731,868 | 15,578,199 | 11,202,451 | 8,015,904 | 8,913,259 | 8,356,305 | 7,688,059 | 7,091,886 | 7,178,388 | 4,516,368 | 4,448,201 | 3,565,576 | 3,592,160 | 2,584,899 |
| total assets | 20,392,122 | 20,775,795 | 20,571,284 | 15,085,733 | 11,854,053 | 12,767,427 | 10,654,273 | 10,224,313 | 9,711,631 | 9,561,391 | 6,620,039 | 5,988,295 | 5,131,377 | 5,289,472 | 4,057,021 |
| Bank overdraft | 44,799 | 35,733 | 21,500 | 90,180 | 96,585 | 95,740 | 80,216 | 60,524 | |||||||
| Bank loan | 198,444 | 513,297 | 122,229 | 298,558 | 82,024 | 285,756 | 81,211 | 81,211 | 81,211 | 81,211 | |||||
| Trade Creditors | 4,744,612 | 6,001,777 | 7,838,482 | 5,830,910 | 4,658,023 | 5,198,157 | 4,447,104 | 3,760,794 | 3,406,161 | 4,261,386 | 2,716,679 | 2,435,253 | 2,227,409 | 2,553,555 | 1,237,663 |
| Group/Directors Accounts | 492,711 | 151,000 | 811,000 | 581,000 | 687,000 | 1,315,000 | 895,000 | 1,253,000 | 470,000 | 1,579,000 | 784,000 | 450,000 | 473,000 | 584,000 | 682,000 |
| other short term finances | 799,096 | 1,163,330 | 1,458,241 | 292,128 | 23,912 | 12,669 | 767,483 | 1,347,748 | 890,802 | 534,030 | 1,104,231 | 447,378 | 168,112 | 240,865 | |
| hp & lease commitments | 317,929 | 213,472 | 49,220 | 18,588 | 57,975 | 89,915 | 152,422 | 140,865 | 135,244 | 84,879 | 103,451 | 78,024 | 96,493 | 121,064 | 10,136 |
| other current liabilities | 1,298,141 | 1,257,973 | 1,181,229 | 962,654 | 943,878 | 917,765 | 910,900 | 1,211,042 | 891,883 | 807,678 | 531,264 | 562,192 | 455,688 | 350,089 | 515,635 |
| total current liabilities | 7,895,732 | 9,336,582 | 11,481,901 | 7,691,710 | 6,729,184 | 7,641,334 | 6,513,835 | 7,213,400 | 6,311,560 | 7,705,769 | 4,955,180 | 4,710,911 | 3,781,179 | 3,858,031 | 2,767,510 |
| loans | 1,096,359 | 1,427,410 | 827,771 | 1,806,450 | 513,834 | 1,177,892 | 280,178 | 340,702 | 401,226 | 461,751 | 390,859 | 81,211 | 162,423 | 243,634 | 324,844 |
| hp & lease commitments | 805,948 | 512,457 | 411,746 | 3,976 | 22,564 | 80,541 | 122,025 | 111,422 | 191,432 | 40,761 | 71,279 | 63,652 | 53,723 | 136,316 | 6,757 |
| Accruals and Deferred Income | 3,031 | 3,788 | 4,366 | ||||||||||||
| other liabilities | 30,601 | 30,601 | |||||||||||||
| provisions | 861,814 | 532,846 | 149,222 | 102,500 | 67,000 | 43,000 | 52,000 | 90,000 | 92,000 | 126,000 | 52,000 | 39,850 | 68,150 | 76,050 | 47,350 |
| total long term liabilities | 2,767,152 | 2,476,501 | 1,393,105 | 1,912,926 | 603,398 | 1,301,433 | 454,203 | 542,124 | 684,658 | 628,512 | 514,138 | 184,713 | 314,897 | 486,601 | 378,951 |
| total liabilities | 10,662,884 | 11,813,083 | 12,875,006 | 9,604,636 | 7,332,582 | 8,942,767 | 6,968,038 | 7,755,524 | 6,996,218 | 8,334,281 | 5,469,318 | 4,895,624 | 4,096,076 | 4,344,632 | 3,146,461 |
| net assets | 9,729,238 | 8,962,712 | 7,696,278 | 5,481,097 | 4,521,471 | 3,824,660 | 3,686,235 | 2,468,789 | 2,715,413 | 1,227,110 | 1,150,721 | 1,092,671 | 1,035,301 | 944,840 | 910,560 |
| total shareholders funds | 9,729,238 | 8,962,712 | 7,696,278 | 5,481,097 | 4,521,471 | 3,824,660 | 3,686,235 | 2,468,789 | 2,715,413 | 1,227,110 | 1,150,721 | 1,092,671 | 1,035,301 | 944,840 | 910,560 |
| 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 | 1,989,037 | 1,550,128 | 3,381,932 | 1,874,436 | 1,571,665 | 2,205,602 | 2,224,899 | 2,333,037 | 2,139,380 | 1,815,144 | 980,111 | 499,871 | 524,369 | 533,297 | 1,062,891 |
| Depreciation | 860,739 | 793,454 | 529,531 | 504,927 | 474,260 | 483,040 | 436,957 | 457,409 | 458,813 | 341,443 | 286,044 | 248,096 | 205,672 | 219,051 | 150,758 |
| Amortisation | 140,277 | 140,277 | 62,111 | ||||||||||||
| Tax | -432,618 | -79,492 | -590,362 | -308,016 | -241,330 | -366,677 | -362,224 | -411,210 | -330,504 | -347,730 | -197,005 | -104,037 | -125,145 | -131,895 | -287,537 |
| Stock | -1,636,575 | -2,351,347 | 4,864,648 | 374,708 | -1,057,693 | 57,971 | 684,897 | -336,387 | 337,883 | 1,480,914 | 168,825 | 367,128 | -320,564 | 761,888 | 1,194,794 |
| Debtors | -131,107 | 801,175 | 789,801 | 643,063 | 136,471 | 497,011 | -27,784 | 947,444 | -425,552 | 1,244,737 | -9,373 | 350,563 | 341,682 | 213,128 | 1,352,791 |
| Creditors | -1,257,165 | -1,836,705 | 2,007,572 | 1,172,887 | -540,134 | 751,053 | 686,310 | 354,633 | -855,225 | 1,544,707 | 281,426 | 207,844 | -326,146 | 1,315,892 | 1,237,663 |
| Accruals and Deferred Income | 39,411 | 76,166 | 222,941 | 18,776 | 26,113 | 6,865 | -300,142 | 319,159 | 84,205 | 276,414 | -30,928 | 106,504 | 105,599 | -165,546 | 515,635 |
| Deferred Taxes & Provisions | 328,968 | 383,624 | 46,722 | 35,500 | 24,000 | -9,000 | -38,000 | -2,000 | -34,000 | 74,000 | 12,150 | -28,300 | -7,900 | 28,700 | 47,350 |
| Cash flow from operations | 3,436,331 | 2,577,624 | 5,998 | 2,280,739 | 2,235,796 | 2,515,901 | 1,990,687 | 2,439,971 | 1,550,338 | 978,327 | 1,172,346 | 212,287 | 355,331 | 824,483 | 179,175 |
| Investing Activities | |||||||||||||||
| capital expenditure | -2,024,227 | -173,115 | -287,097 | -664,309 | -582,295 | -788,663 | -215,524 | -74,161 | -389,028 | -60,409 | |||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -2,024,227 | -173,115 | -287,097 | -664,309 | -582,295 | -788,663 | -215,524 | -74,161 | -389,028 | -60,409 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | -314,853 | 391,068 | -176,329 | 298,558 | -82,024 | -203,732 | 204,545 | 81,211 | |||||||
| Group/Directors Accounts | 341,711 | -660,000 | 230,000 | -106,000 | -628,000 | 420,000 | -358,000 | 783,000 | -1,109,000 | 795,000 | 334,000 | -23,000 | -111,000 | -98,000 | 682,000 |
| Other Short Term Loans | -364,234 | -294,911 | 1,458,241 | -292,128 | 268,216 | 11,243 | -754,814 | -580,265 | 456,946 | 356,772 | -570,201 | 656,853 | 279,266 | -72,753 | 240,865 |
| Long term loans | -331,051 | 599,639 | -978,679 | 1,292,616 | -664,058 | 897,714 | -60,524 | -60,524 | -60,525 | 70,892 | 309,648 | -81,212 | -81,211 | -81,210 | 324,844 |
| Hire Purchase and Lease Commitments | 397,948 | 264,963 | 438,402 | -57,975 | -89,917 | -103,991 | 22,160 | -74,389 | 201,036 | -49,090 | 33,054 | -8,540 | -107,164 | 240,487 | 16,893 |
| other long term liabilities | -30,601 | 30,601 | |||||||||||||
| share issue | |||||||||||||||
| interest | -289,893 | -204,202 | -76,391 | -36,794 | -123,524 | -160,500 | -105,229 | -158,451 | -125,573 | -94,025 | -76,056 | -56,464 | -61,763 | -58,122 | -33,203 |
| cash flow from financing | -1,060,372 | 96,557 | 895,246 | 598,277 | -1,737,283 | 564,466 | -1,756,407 | -590,629 | -719,140 | 875,817 | 234,990 | 457,036 | -81,872 | -38,997 | 2,183,019 |
| cash and cash equivalents | |||||||||||||||
| cash | -136,491 | -296,159 | 813,600 | 76,475 | 23,867 | 1,972 | 11,133 | -14,884 | 1,167 | -63,631 | -91,285 | 164,934 | -47,702 | 32,245 | 37,314 |
| overdraft | 9,066 | 14,233 | 21,500 | -90,180 | -6,405 | 845 | 15,524 | 19,692 | 60,524 | ||||||
| change in cash | -145,557 | -310,392 | 792,100 | 166,655 | 30,272 | 1,127 | -4,391 | -34,576 | -59,357 | -63,631 | -91,285 | 164,934 | -47,702 | 32,245 | 37,314 |
sherwood stainless and aluminium ltd Credit Report and Business Information
Sherwood Stainless And Aluminium Ltd Competitor Analysis
Perform a competitor analysis for sherwood stainless and aluminium ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in WV10 area or any other competitors across 12 key performance metrics.
sherwood stainless and aluminium ltd Ownership
SHERWOOD STAINLESS AND ALUMINIUM LTD group structure
Sherwood Stainless And Aluminium Ltd has 3 subsidiary companies.
Ultimate parent company
SHERWOOD STAINLESS AND ALUMINIUM LTD
02412308
3 subsidiaries
sherwood stainless and aluminium ltd directors
Sherwood Stainless And Aluminium Ltd currently has 2 directors. The longest serving directors include Mr Paul Thurston (Aug 1991) and Mr Terence Franklin (Aug 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Thurston | England | 71 years | Aug 1991 | - | Director |
| Mr Terence Franklin | England | 70 years | Aug 1991 | - | Director |
P&L
March 2024turnover
37.6m
-11%
operating profit
2m
+28%
gross margin
26.7%
+21.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
9.7m
+0.09%
total assets
20.4m
-0.02%
cash
512.6k
-0.21%
net assets
Total assets minus all liabilities
sherwood stainless and aluminium ltd company details
company number
02412308
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
August 1989
age
36
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
sherwood stainless steel (service centre) limited (May 2018)
gorono limited (January 1990)
accountant
-
auditor
JORDAN & COMPANY
address
the science park, mammoth drive stafford road, wolverhampton, WV10 9TF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
sherwood stainless and aluminium 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 9 charges/mortgages relating to sherwood stainless and aluminium ltd. Currently there are 4 open charges and 5 have been satisfied in the past.
sherwood stainless and aluminium ltd 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.
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sherwood stainless and aluminium ltd Companies House Filings - See Documents
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