shire leasing plc Company Information
Company Number
02476571
Website
www.shireleasing.co.ukRegistered Address
1 calico business park sandy way, amington, tamworth, staffordshire, B77 4BF
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
0182768939
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
martin smith 42.6%
john worton 42.6%
View Allshire leasing plc Estimated Valuation
Pomanda estimates the enterprise value of SHIRE LEASING PLC at £43.9m based on a Turnover of £26.8m and 1.64x industry multiple (adjusted for size and gross margin).
shire leasing plc Estimated Valuation
Pomanda estimates the enterprise value of SHIRE LEASING PLC at £28.3m based on an EBITDA of £4.2m and a 6.67x industry multiple (adjusted for size and gross margin).
shire leasing plc Estimated Valuation
Pomanda estimates the enterprise value of SHIRE LEASING PLC at £44.5m based on Net Assets of £21.9m and 2.03x industry multiple (adjusted for liquidity).
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Shire Leasing Plc Overview
Shire Leasing Plc is a live company located in tamworth, B77 4BF with a Companies House number of 02476571. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in March 1990, it's largest shareholder is martin smith with a 42.6% stake. Shire Leasing Plc is a mature, large sized company, Pomanda has estimated its turnover at £26.8m with healthy growth in recent years.
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Shire Leasing Plc Health Check
Pomanda's financial health check has awarded Shire Leasing Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £26.8m, make it larger than the average company (£10.9m)
£26.8m - Shire Leasing Plc
£10.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.7%)
4% - Shire Leasing Plc
5.7% - Industry AVG
Production
with a gross margin of 68.4%, this company has a lower cost of product (45.8%)
68.4% - Shire Leasing Plc
45.8% - Industry AVG
Profitability
an operating margin of 12.4% make it as profitable than the average company (12.1%)
12.4% - Shire Leasing Plc
12.1% - Industry AVG
Employees
with 174 employees, this is above the industry average (53)
174 - Shire Leasing Plc
53 - Industry AVG
Pay Structure
on an average salary of £59.9k, the company has a higher pay structure (£43.3k)
£59.9k - Shire Leasing Plc
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £154.1k, this is less efficient (£186.4k)
£154.1k - Shire Leasing Plc
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (58 days)
22 days - Shire Leasing Plc
58 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (51 days)
114 days - Shire Leasing Plc
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Shire Leasing Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (8 weeks)
5 weeks - Shire Leasing Plc
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.2%, this is a higher level of debt than the average (58.5%)
86.2% - Shire Leasing Plc
58.5% - Industry AVG
shire leasing plc Credit Report and Business Information
Shire Leasing Plc Competitor Analysis
Perform a competitor analysis for shire leasing plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
shire leasing plc Ownership
SHIRE LEASING PLC group structure
Shire Leasing Plc has 1 subsidiary company.
Ultimate parent company
SHIRE LEASING PLC
02476571
1 subsidiary
shire leasing plc directors
Shire Leasing Plc currently has 10 directors. The longest serving directors include Mr Martin Smith (Jun 1991) and Mr John Worton (Jun 1991).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Martin Smith | 65 years | Jun 1991 | - | Director | |
Mr John Worton | 68 years | Jun 1991 | - | Director | |
Mr Richard Hayes | England | 54 years | Jan 2011 | - | Director |
Miss Sharon Price | 62 years | Sep 2011 | - | Director | |
Mr Mark Picken | 67 years | Apr 2013 | - | Director | |
Mrs Helen Lumb | England | 56 years | Aug 2014 | - | Director |
Ms Jane McLintock | 61 years | Apr 2015 | - | Director | |
Mrs Claire MacKrell | 56 years | Apr 2015 | - | Director | |
Mr Malcolm Workman | 51 years | Apr 2015 | - | Director | |
Mr Graham Coe | 50 years | Apr 2022 | - | Director |
SHIRE LEASING PLC financials
Shire Leasing Plc's latest turnover from March 2023 is £26.8 million and the company has net assets of £21.9 million. According to their latest financial statements, Shire Leasing Plc has 174 employees and maintains cash reserves of £6.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 26,819,000 | 24,588,000 | 22,058,000 | 23,774,000 | 23,116,000 | 21,268,000 | 19,405,000 | 17,375,000 | 16,073,000 | 14,349,000 | 13,153,000 | 13,778,000 | 13,828,000 | 14,148,445 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 8,477,000 | 7,933,000 | 7,144,000 | 6,826,000 | 6,143,000 | 6,161,000 | 5,823,000 | 5,274,000 | 4,184,000 | 3,743,000 | 2,923,000 | 2,688,000 | 2,766,000 | 3,249,568 |
Gross Profit | 18,342,000 | 16,655,000 | 14,914,000 | 16,948,000 | 16,973,000 | 15,107,000 | 13,582,000 | 12,101,000 | 11,889,000 | 10,606,000 | 10,230,000 | 11,090,000 | 11,062,000 | 10,898,877 |
Admin Expenses | 15,014,000 | 13,147,000 | 11,975,000 | 13,879,000 | 13,538,000 | 11,909,000 | 10,855,000 | 9,730,000 | 9,648,000 | 10,132,000 | 7,752,000 | 7,580,000 | 9,089,000 | 10,027,892 |
Operating Profit | 3,328,000 | 3,508,000 | 2,939,000 | 3,069,000 | 3,435,000 | 3,198,000 | 2,727,000 | 2,371,000 | 2,241,000 | 474,000 | 2,478,000 | 3,510,000 | 1,973,000 | 870,985 |
Interest Payable | 419,000 | 175,000 | 8,000 | 14,000 | 9,000 | 11,000 | 15,000 | 3,000 | 9,000 | 237,000 | 19,000 | 20,000 | 22,000 | 33,574 |
Interest Receivable | 0 | 1,000 | 0 | 2,000 | 5,000 | 13,000 | 49,000 | 25,000 | 29,000 | 71,000 | 50,000 | 17,000 | 39,000 | 6,193 |
Pre-Tax Profit | 2,909,000 | 3,334,000 | 2,931,000 | 3,057,000 | 3,431,000 | 3,200,000 | 2,761,000 | 2,393,000 | 2,261,000 | -295,000 | 2,509,000 | 3,507,000 | 1,990,000 | 843,604 |
Tax | -607,000 | -732,000 | -669,000 | -638,000 | -748,000 | -689,000 | -629,000 | -810,000 | -391,000 | 62,000 | -755,000 | -961,000 | -907,000 | -381,991 |
Profit After Tax | 2,302,000 | 2,602,000 | 2,262,000 | 2,419,000 | 2,683,000 | 2,511,000 | 2,132,000 | 1,583,000 | 1,870,000 | -233,000 | 1,754,000 | 2,546,000 | 1,083,000 | 461,613 |
Dividends Paid | 1,351,000 | 1,974,000 | 1,351,000 | 1,351,000 | 1,351,000 | 1,368,000 | 1,351,000 | 1,518,000 | 1,608,000 | 2,191,000 | 769,000 | 1,157,000 | 795,000 | 670,526 |
Retained Profit | 951,000 | 628,000 | 911,000 | 1,068,000 | 1,332,000 | 1,143,000 | 781,000 | 65,000 | 262,000 | -2,424,000 | 985,000 | 1,389,000 | 288,000 | -208,913 |
Employee Costs | 10,422,000 | 9,339,000 | 8,415,000 | 9,587,000 | 8,838,000 | 7,768,000 | 7,266,000 | 6,555,000 | 6,068,000 | 5,042,000 | 4,381,000 | 3,915,000 | 3,570,000 | 4,371,082 |
Number Of Employees | 174 | 160 | 168 | 178 | 172 | 161 | 140 | 137 | 129 | 143 | 136 | 132 | 124 | 145 |
EBITDA* | 4,243,000 | 4,292,000 | 3,768,000 | 3,784,000 | 4,135,000 | 3,833,000 | 3,348,000 | 3,007,000 | 2,881,000 | 1,498,000 | 2,990,000 | 4,058,000 | 2,750,000 | 1,725,649 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 388,000 | 1,014,000 | 739,000 | 900,000 | 716,000 | 421,000 | 499,000 | 483,000 | 337,000 | 278,000 | 361,000 | 363,000 | 373,000 | 681,419 |
Intangible Assets | 1,557,000 | 1,021,000 | 1,532,000 | 2,043,000 | 2,554,000 | 3,065,000 | 3,575,000 | 4,086,000 | 4,597,000 | 5,108,000 | 6,013,000 | 6,414,000 | 6,815,000 | 7,216,312 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 603,000 | 22,000 | 22,000 | 21,881 |
Debtors (Due After 1 year) | 93,482,000 | 87,765,000 | 78,600,000 | 68,715,000 | 60,631,000 | 55,033,000 | 50,294,000 | 43,088,000 | 37,047,000 | 28,570,000 | 22,564,000 | 20,468,000 | 23,373,000 | 28,050,291 |
Total Fixed Assets | 95,427,000 | 89,800,000 | 80,871,000 | 71,658,000 | 63,901,000 | 58,519,000 | 54,368,000 | 47,657,000 | 41,981,000 | 33,956,000 | 29,541,000 | 27,267,000 | 30,583,000 | 35,969,903 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,673,000 | 899,000 | 1,219,000 | 1,245,000 | 1,047,000 | 695,000 | 1,188,000 | 673,000 | 524,000 | 674,000 | 792,000 | 2,095,000 | 1,960,000 | 14,762,346 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,000 | 58,000 | 0 |
Misc Debtors | 54,556,000 | 47,612,000 | 41,004,000 | 37,930,000 | 36,266,000 | 34,413,000 | 30,008,000 | 26,120,000 | 22,252,000 | 18,364,000 | 17,187,000 | 14,408,000 | 13,893,000 | 624,523 |
Cash | 6,527,000 | 10,650,000 | 10,060,000 | 2,757,000 | 1,613,000 | 1,659,000 | 1,387,000 | 1,498,000 | 1,003,000 | 685,000 | 2,005,000 | 2,347,000 | 1,729,000 | 2,131,972 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 62,756,000 | 59,161,000 | 52,283,000 | 41,932,000 | 38,926,000 | 36,767,000 | 32,583,000 | 28,291,000 | 23,779,000 | 19,723,000 | 19,984,000 | 18,887,000 | 17,640,000 | 17,518,841 |
total assets | 158,183,000 | 148,961,000 | 133,154,000 | 113,590,000 | 102,827,000 | 95,286,000 | 86,951,000 | 75,948,000 | 65,760,000 | 53,679,000 | 49,525,000 | 46,154,000 | 48,223,000 | 53,488,744 |
Bank overdraft | 0 | 0 | 38,750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 49,978,000 | 46,465,000 | 0 | 34,200,000 | 30,240,000 | 27,904,000 | 26,350,000 | 21,539,000 | 16,455,000 | 12,656,000 | 12,097,000 | 12,051,000 | 12,690,000 | 12,785,119 |
Trade Creditors | 2,663,000 | 2,165,000 | 1,882,000 | 1,393,000 | 1,858,000 | 2,518,000 | 1,558,000 | 1,797,000 | 2,002,000 | 799,000 | 1,404,000 | 1,455,000 | 1,265,000 | 1,329,964 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 112,000 | 112,000 | 114,000 | 39,000 | 246,000 | 0 | 377,000 | 34,000 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 51,000 | 65,000 | 151,000 | 0 | 0 | 0 | 0 | 0 | 0 | 47,000 | 59,000 | 92,000 | 130,000 | 136,291 |
other current liabilities | 4,147,000 | 4,009,000 | 4,183,000 | 3,454,000 | 3,614,000 | 3,429,000 | 3,294,000 | 3,382,000 | 2,683,000 | 3,234,000 | 2,971,000 | 3,246,000 | 3,723,000 | 3,127,198 |
total current liabilities | 56,839,000 | 52,704,000 | 44,966,000 | 39,047,000 | 35,712,000 | 33,963,000 | 31,314,000 | 26,832,000 | 21,179,000 | 16,982,000 | 16,531,000 | 17,221,000 | 17,842,000 | 17,378,572 |
loans | 79,400,000 | 75,169,000 | 67,863,000 | 55,001,000 | 48,791,000 | 44,131,000 | 39,457,000 | 33,671,000 | 29,357,000 | 22,149,000 | 16,000,000 | 12,523,000 | 14,515,000 | 18,939,326 |
hp & lease commitments | 0 | 51,000 | 0 | 150,000 | 0 | 0 | 131,000 | 177,000 | 10,000 | 19,000 | 39,000 | 44,000 | 67,000 | 192,399 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 62,000 | 105,000 | 22,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 346,000 | 1,118,000 | 2,105,942 |
total long term liabilities | 79,462,000 | 75,326,000 | 67,885,000 | 55,151,000 | 48,791,000 | 44,131,000 | 39,588,000 | 33,848,000 | 29,367,000 | 22,168,000 | 16,039,000 | 12,913,000 | 15,700,000 | 21,237,667 |
total liabilities | 136,301,000 | 128,030,000 | 112,851,000 | 94,198,000 | 84,503,000 | 78,094,000 | 70,902,000 | 60,680,000 | 50,546,000 | 39,150,000 | 32,570,000 | 30,134,000 | 33,542,000 | 38,616,239 |
net assets | 21,882,000 | 20,931,000 | 20,303,000 | 19,392,000 | 18,324,000 | 17,192,000 | 16,049,000 | 15,268,000 | 15,214,000 | 14,529,000 | 16,955,000 | 16,020,000 | 14,681,000 | 14,872,505 |
total shareholders funds | 21,882,000 | 20,931,000 | 20,303,000 | 19,392,000 | 18,324,000 | 17,192,000 | 16,049,000 | 15,268,000 | 15,214,000 | 14,529,000 | 16,955,000 | 16,020,000 | 14,681,000 | 14,872,505 |
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 | 3,328,000 | 3,508,000 | 2,939,000 | 3,069,000 | 3,435,000 | 3,198,000 | 2,727,000 | 2,371,000 | 2,241,000 | 474,000 | 2,478,000 | 3,510,000 | 1,973,000 | 870,985 |
Depreciation | 212,000 | 273,000 | 318,000 | 204,000 | 189,000 | 124,000 | 110,000 | 122,000 | 129,000 | 119,000 | 111,000 | 147,000 | 376,000 | 453,758 |
Amortisation | 703,000 | 511,000 | 511,000 | 511,000 | 511,000 | 511,000 | 511,000 | 514,000 | 511,000 | 905,000 | 401,000 | 401,000 | 401,000 | 400,906 |
Tax | -607,000 | -732,000 | -669,000 | -638,000 | -748,000 | -689,000 | -629,000 | -810,000 | -391,000 | 62,000 | -755,000 | -961,000 | -907,000 | -381,991 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 13,435,000 | 15,453,000 | 12,933,000 | 9,946,000 | 7,803,000 | 8,651,000 | 11,609,000 | 10,058,000 | 12,215,000 | 7,065,000 | 3,535,000 | -2,276,000 | -4,153,160 | 43,437,160 |
Creditors | 498,000 | 283,000 | 489,000 | -465,000 | -660,000 | 960,000 | -239,000 | -205,000 | 1,203,000 | -605,000 | -51,000 | 190,000 | -64,964 | 1,329,964 |
Accruals and Deferred Income | 138,000 | -174,000 | 729,000 | -160,000 | 185,000 | 135,000 | -88,000 | 699,000 | -551,000 | 263,000 | -275,000 | -477,000 | 595,802 | 3,127,198 |
Deferred Taxes & Provisions | -43,000 | 83,000 | 22,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -346,000 | -772,000 | -987,942 | 2,105,942 |
Cash flow from operations | -9,206,000 | -11,701,000 | -8,594,000 | -7,425,000 | -4,891,000 | -4,412,000 | -9,217,000 | -7,367,000 | -9,073,000 | -5,847,000 | -1,972,000 | 4,314,000 | 5,539,056 | -35,530,398 |
Investing Activities | ||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | -471,000 | -93,000 | -177,000 | -55,000 | 0 | -6,000 | -645,000 | -145,000 | -64,000 | -40,878 |
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -603,000 | 581,000 | 0 | 119 | 21,881 |
cash flow from investments | 0 | 0 | 0 | 0 | -471,000 | -93,000 | -177,000 | -55,000 | 0 | 597,000 | -1,226,000 | -145,000 | -64,119 | -62,759 |
Financing Activities | ||||||||||||||
Bank loans | 3,513,000 | 46,465,000 | -34,200,000 | 3,960,000 | 2,336,000 | 1,554,000 | 4,811,000 | 5,084,000 | 3,799,000 | 559,000 | 46,000 | -639,000 | -95,119 | 12,785,119 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -112,000 | 0 | -2,000 | 75,000 | -207,000 | 246,000 | -377,000 | 343,000 | 34,000 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 4,231,000 | 7,306,000 | 12,862,000 | 6,210,000 | 4,660,000 | 4,674,000 | 5,786,000 | 4,314,000 | 7,208,000 | 6,149,000 | 3,477,000 | -1,992,000 | -4,424,326 | 18,939,326 |
Hire Purchase and Lease Commitments | -65,000 | -35,000 | 1,000 | 150,000 | 0 | -131,000 | -46,000 | 167,000 | -56,000 | -32,000 | -38,000 | -61,000 | -131,690 | 328,690 |
other long term liabilities | -1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -419,000 | -174,000 | -8,000 | -12,000 | -4,000 | 2,000 | 34,000 | 22,000 | 20,000 | -166,000 | 31,000 | -3,000 | 17,000 | -27,381 |
cash flow from financing | 7,259,000 | 53,563,000 | -21,345,000 | 10,308,000 | 6,680,000 | 6,099,000 | 10,583,000 | 9,651,000 | 11,187,000 | 6,754,000 | 3,089,000 | -2,402,000 | -5,079,640 | 47,107,172 |
cash and cash equivalents | ||||||||||||||
cash | -4,123,000 | 590,000 | 7,303,000 | 1,144,000 | -46,000 | 272,000 | -111,000 | 495,000 | 318,000 | -1,320,000 | -342,000 | 618,000 | -402,972 | 2,131,972 |
overdraft | 0 | -38,750,000 | 38,750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -4,123,000 | 39,340,000 | -31,447,000 | 1,144,000 | -46,000 | 272,000 | -111,000 | 495,000 | 318,000 | -1,320,000 | -342,000 | 618,000 | -402,972 | 2,131,972 |
P&L
March 2023turnover
26.8m
+9%
operating profit
3.3m
-5%
gross margin
68.4%
+0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
21.9m
+0.05%
total assets
158.2m
+0.06%
cash
6.5m
-0.39%
net assets
Total assets minus all liabilities
shire leasing plc company details
company number
02476571
Type
Public limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
March 1990
age
34
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
1 calico business park sandy way, amington, tamworth, staffordshire, B77 4BF
last accounts submitted
March 2023
shire leasing plc 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 366 charges/mortgages relating to shire leasing plc. Currently there are 15 open charges and 351 have been satisfied in the past.
shire leasing plc Companies House Filings - See Documents
date | description | view/download |
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