shire leasing plc

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shire leasing plc Company Information

Share SHIRE LEASING PLC
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Company Number

02476571

Registered 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

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Directors

Martin Smith32 Years

John Worton32 Years

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Shareholders

martin smith 42.6%

john worton 42.6%

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shire leasing plc Estimated Valuation

£43.9m

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

£28.3m

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

£44.5m

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

Health Check Image
Health Rating3out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

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

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

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

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

Employees

with 174 employees, this is above the industry average (53)

174 - Shire Leasing Plc

53 - Industry AVG

paystructure

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

Efficiency

resulting in sales per employee of £154.1k, this is less efficient (£186.4k)

£154.1k - Shire Leasing Plc

£186.4k - Industry AVG

debtordays

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

creditordays

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

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Shire Leasing Plc

- - Industry AVG

cashbalance

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

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Shire Leasing Plc Competitor Analysis

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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 Shareholders

martin smith 42.59%
john worton 42.59%
janice worton 5%
sarah smith 5%
john flounders 3.72%
richard hayes 0.17%
debra amos 0.17%
helen george 0.17%
alan rutherford 0.17%
graham coe 0.17%

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).

officercountryagestartendrole
Mr Martin Smith65 years Jun 1991- Director
Mr John Worton68 years Jun 1991- Director
Mr Richard HayesEngland54 years Jan 2011- Director
Miss Sharon Price62 years Sep 2011- Director
Mr Mark Picken67 years Apr 2013- Director
Mrs Helen LumbEngland56 years Aug 2014- Director
Ms Jane McLintock61 years Apr 2015- Director
Mrs Claire MacKrell56 years Apr 2015- Director
Mr Malcolm Workman51 years Apr 2015- Director
Mr Graham Coe50 years Apr 2022- Director

SHIRE LEASING PLC financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover26,819,00024,588,00022,058,00023,774,00023,116,00021,268,00019,405,00017,375,00016,073,00014,349,00013,153,00013,778,00013,828,00014,148,445
Other Income Or Grants00000000000000
Cost Of Sales8,477,0007,933,0007,144,0006,826,0006,143,0006,161,0005,823,0005,274,0004,184,0003,743,0002,923,0002,688,0002,766,0003,249,568
Gross Profit18,342,00016,655,00014,914,00016,948,00016,973,00015,107,00013,582,00012,101,00011,889,00010,606,00010,230,00011,090,00011,062,00010,898,877
Admin Expenses15,014,00013,147,00011,975,00013,879,00013,538,00011,909,00010,855,0009,730,0009,648,00010,132,0007,752,0007,580,0009,089,00010,027,892
Operating Profit3,328,0003,508,0002,939,0003,069,0003,435,0003,198,0002,727,0002,371,0002,241,000474,0002,478,0003,510,0001,973,000870,985
Interest Payable419,000175,0008,00014,0009,00011,00015,0003,0009,000237,00019,00020,00022,00033,574
Interest Receivable01,00002,0005,00013,00049,00025,00029,00071,00050,00017,00039,0006,193
Pre-Tax Profit2,909,0003,334,0002,931,0003,057,0003,431,0003,200,0002,761,0002,393,0002,261,000-295,0002,509,0003,507,0001,990,000843,604
Tax-607,000-732,000-669,000-638,000-748,000-689,000-629,000-810,000-391,00062,000-755,000-961,000-907,000-381,991
Profit After Tax2,302,0002,602,0002,262,0002,419,0002,683,0002,511,0002,132,0001,583,0001,870,000-233,0001,754,0002,546,0001,083,000461,613
Dividends Paid1,351,0001,974,0001,351,0001,351,0001,351,0001,368,0001,351,0001,518,0001,608,0002,191,000769,0001,157,000795,000670,526
Retained Profit951,000628,000911,0001,068,0001,332,0001,143,000781,00065,000262,000-2,424,000985,0001,389,000288,000-208,913
Employee Costs10,422,0009,339,0008,415,0009,587,0008,838,0007,768,0007,266,0006,555,0006,068,0005,042,0004,381,0003,915,0003,570,0004,371,082
Number Of Employees174160168178172161140137129143136132124145
EBITDA*4,243,0004,292,0003,768,0003,784,0004,135,0003,833,0003,348,0003,007,0002,881,0001,498,0002,990,0004,058,0002,750,0001,725,649

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets388,0001,014,000739,000900,000716,000421,000499,000483,000337,000278,000361,000363,000373,000681,419
Intangible Assets1,557,0001,021,0001,532,0002,043,0002,554,0003,065,0003,575,0004,086,0004,597,0005,108,0006,013,0006,414,0006,815,0007,216,312
Investments & Other0000000000603,00022,00022,00021,881
Debtors (Due After 1 year)93,482,00087,765,00078,600,00068,715,00060,631,00055,033,00050,294,00043,088,00037,047,00028,570,00022,564,00020,468,00023,373,00028,050,291
Total Fixed Assets95,427,00089,800,00080,871,00071,658,00063,901,00058,519,00054,368,00047,657,00041,981,00033,956,00029,541,00027,267,00030,583,00035,969,903
Stock & work in progress00000000000000
Trade Debtors1,673,000899,0001,219,0001,245,0001,047,000695,0001,188,000673,000524,000674,000792,0002,095,0001,960,00014,762,346
Group Debtors0000000000037,00058,0000
Misc Debtors54,556,00047,612,00041,004,00037,930,00036,266,00034,413,00030,008,00026,120,00022,252,00018,364,00017,187,00014,408,00013,893,000624,523
Cash6,527,00010,650,00010,060,0002,757,0001,613,0001,659,0001,387,0001,498,0001,003,000685,0002,005,0002,347,0001,729,0002,131,972
misc current assets00000000000000
total current assets62,756,00059,161,00052,283,00041,932,00038,926,00036,767,00032,583,00028,291,00023,779,00019,723,00019,984,00018,887,00017,640,00017,518,841
total assets158,183,000148,961,000133,154,000113,590,000102,827,00095,286,00086,951,00075,948,00065,760,00053,679,00049,525,00046,154,00048,223,00053,488,744
Bank overdraft0038,750,00000000000000
Bank loan49,978,00046,465,000034,200,00030,240,00027,904,00026,350,00021,539,00016,455,00012,656,00012,097,00012,051,00012,690,00012,785,119
Trade Creditors 2,663,0002,165,0001,882,0001,393,0001,858,0002,518,0001,558,0001,797,0002,002,000799,0001,404,0001,455,0001,265,0001,329,964
Group/Directors Accounts00000112,000112,000114,00039,000246,0000377,00034,0000
other short term finances00000000000000
hp & lease commitments51,00065,000151,00000000047,00059,00092,000130,000136,291
other current liabilities4,147,0004,009,0004,183,0003,454,0003,614,0003,429,0003,294,0003,382,0002,683,0003,234,0002,971,0003,246,0003,723,0003,127,198
total current liabilities56,839,00052,704,00044,966,00039,047,00035,712,00033,963,00031,314,00026,832,00021,179,00016,982,00016,531,00017,221,00017,842,00017,378,572
loans79,400,00075,169,00067,863,00055,001,00048,791,00044,131,00039,457,00033,671,00029,357,00022,149,00016,000,00012,523,00014,515,00018,939,326
hp & lease commitments051,0000150,00000131,000177,00010,00019,00039,00044,00067,000192,399
Accruals and Deferred Income00000000000000
other liabilities01,000000000000000
provisions62,000105,00022,00000000000346,0001,118,0002,105,942
total long term liabilities79,462,00075,326,00067,885,00055,151,00048,791,00044,131,00039,588,00033,848,00029,367,00022,168,00016,039,00012,913,00015,700,00021,237,667
total liabilities136,301,000128,030,000112,851,00094,198,00084,503,00078,094,00070,902,00060,680,00050,546,00039,150,00032,570,00030,134,00033,542,00038,616,239
net assets21,882,00020,931,00020,303,00019,392,00018,324,00017,192,00016,049,00015,268,00015,214,00014,529,00016,955,00016,020,00014,681,00014,872,505
total shareholders funds21,882,00020,931,00020,303,00019,392,00018,324,00017,192,00016,049,00015,268,00015,214,00014,529,00016,955,00016,020,00014,681,00014,872,505
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit3,328,0003,508,0002,939,0003,069,0003,435,0003,198,0002,727,0002,371,0002,241,000474,0002,478,0003,510,0001,973,000870,985
Depreciation212,000273,000318,000204,000189,000124,000110,000122,000129,000119,000111,000147,000376,000453,758
Amortisation703,000511,000511,000511,000511,000511,000511,000514,000511,000905,000401,000401,000401,000400,906
Tax-607,000-732,000-669,000-638,000-748,000-689,000-629,000-810,000-391,00062,000-755,000-961,000-907,000-381,991
Stock00000000000000
Debtors13,435,00015,453,00012,933,0009,946,0007,803,0008,651,00011,609,00010,058,00012,215,0007,065,0003,535,000-2,276,000-4,153,16043,437,160
Creditors498,000283,000489,000-465,000-660,000960,000-239,000-205,0001,203,000-605,000-51,000190,000-64,9641,329,964
Accruals and Deferred Income138,000-174,000729,000-160,000185,000135,000-88,000699,000-551,000263,000-275,000-477,000595,8023,127,198
Deferred Taxes & Provisions-43,00083,00022,0000000000-346,000-772,000-987,9422,105,942
Cash flow from operations-9,206,000-11,701,000-8,594,000-7,425,000-4,891,000-4,412,000-9,217,000-7,367,000-9,073,000-5,847,000-1,972,0004,314,0005,539,056-35,530,398
Investing Activities
capital expenditure0000-471,000-93,000-177,000-55,0000-6,000-645,000-145,000-64,000-40,878
Change in Investments000000000-603,000581,000011921,881
cash flow from investments0000-471,000-93,000-177,000-55,0000597,000-1,226,000-145,000-64,119-62,759
Financing Activities
Bank loans3,513,00046,465,000-34,200,0003,960,0002,336,0001,554,0004,811,0005,084,0003,799,000559,00046,000-639,000-95,11912,785,119
Group/Directors Accounts0000-112,0000-2,00075,000-207,000246,000-377,000343,00034,0000
Other Short Term Loans 00000000000000
Long term loans4,231,0007,306,00012,862,0006,210,0004,660,0004,674,0005,786,0004,314,0007,208,0006,149,0003,477,000-1,992,000-4,424,32618,939,326
Hire Purchase and Lease Commitments-65,000-35,0001,000150,0000-131,000-46,000167,000-56,000-32,000-38,000-61,000-131,690328,690
other long term liabilities-1,0001,000000000000000
share issue0000-200,00000-11,000423,000-2,000-50,000-50,000-479,50515,081,418
interest-419,000-174,000-8,000-12,000-4,0002,00034,00022,00020,000-166,00031,000-3,00017,000-27,381
cash flow from financing7,259,00053,563,000-21,345,00010,308,0006,680,0006,099,00010,583,0009,651,00011,187,0006,754,0003,089,000-2,402,000-5,079,64047,107,172
cash and cash equivalents
cash-4,123,000590,0007,303,0001,144,000-46,000272,000-111,000495,000318,000-1,320,000-342,000618,000-402,9722,131,972
overdraft0-38,750,00038,750,00000000000000
change in cash-4,123,00039,340,000-31,447,0001,144,000-46,000272,000-111,000495,000318,000-1,320,000-342,000618,000-402,9722,131,972

P&L

March 2023

turnover

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 2023

net 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

None

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.

charges

shire leasing plc Companies House Filings - See Documents

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