Pomanda estimates the enterprise value of GRINSELLS SKIP HIRE LIMITED at £3.2m based on a Turnover of £4.9m and 0.66x industry multiple (adjusted for size and gross margin).
grinsells skip hire limitedEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of GRINSELLS SKIP HIRE LIMITED at £1.9m based on an EBITDA of £465.1k and a 4.15x industry multiple (adjusted for size and gross margin).
grinsells skip hire limitedEstimated Valuation
£6.8m
Pomanda estimates the enterprise value of GRINSELLS SKIP HIRE LIMITED at £6.8m based on Net Assets of £2.3m and 3x industry multiple (adjusted for liquidity).
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Grinsells Skip Hire LimitedOverview
Grinsells Skip Hire Limited is a live company located in walsall, WS1 1TJ with a Companies House number of 02478092. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in March 1990, it's largest shareholder is
grinsells waste management limited
with a 100% stake. Grinsells Skip Hire Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£4.9m with
high
growth in recent years.
Pomanda's financial health check has awarded Grinsells Skip Hire Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £4.9m, make it smaller than the average company (£12.7m)
£4.9m - Grinsells Skip Hire Limited
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (9.3%)
25% - Grinsells Skip Hire Limited
9.3% - Industry AVG
Production
with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)
25.3% - Grinsells Skip Hire Limited
25.3% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (4.9%)
9.4% - Grinsells Skip Hire Limited
4.9% - Industry AVG
Employees
with 35 employees, this is below the industry average (59)
35 - Grinsells Skip Hire Limited
59 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has an equivalent pay structure (£39.7k)
£39.7k - Grinsells Skip Hire Limited
£39.7k - Industry AVG
Efficiency
resulting in sales per employee of £139.5k, this is less efficient (£166.2k)
£139.5k - Grinsells Skip Hire Limited
£166.2k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (42 days)
54 days - Grinsells Skip Hire Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (34 days)
25 days - Grinsells Skip Hire Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Grinsells Skip Hire Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is average cash available to meet short term requirements (14 weeks)
12 weeks - Grinsells Skip Hire Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.8%, this is a lower level of debt than the average (61.6%)
53.8% - Grinsells Skip Hire Limited
61.6% - Industry AVG
GRINSELLS SKIP HIRE LIMITED financials
EXPORT
Grinsells Skip Hire Limited's latest turnover from June 2024 is estimated at £4.9 million and the company has net assets of £2.3 million. According to their latest financial statements, Grinsells Skip Hire Limited has 35 employees and maintains cash reserves of £231.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
4,883,367
4,303,945
2,993,662
2,496,814
1,274,792
787,278
1,333,407
1,576,663
1,168,261
1,019,482
955,848
987,196
910,452
812,545
878,506
Other Income Or Grants
Cost Of Sales
3,649,792
3,219,667
2,255,340
1,902,496
969,240
607,334
1,022,445
1,180,191
894,922
798,977
738,988
766,523
707,933
615,503
659,366
Gross Profit
1,233,575
1,084,277
738,322
594,318
305,552
179,944
310,963
396,472
273,339
220,506
216,860
220,674
202,519
197,042
219,140
Admin Expenses
776,875
359,270
-57,988
220,572
193,194
221,532
370,208
390,658
231,180
199,900
181,710
243,393
216,232
235,755
248,933
-515,006
Operating Profit
456,700
725,007
796,310
373,746
112,358
-41,588
-59,245
5,814
42,159
20,606
35,150
-22,719
-13,713
-38,713
-29,793
515,006
Interest Payable
2,570
3,918
4,118
3,755
3,040
1,676
Interest Receivable
23,600
32,310
5,863
240
84
46
99
22
5
1
1
1
1
45
45
Pre-Tax Profit
477,731
753,399
798,056
370,232
109,402
-43,218
-59,146
5,836
42,164
20,608
35,151
-22,718
-13,712
-38,713
-29,748
515,051
Tax
-119,433
-188,350
-151,631
-70,344
-20,786
-1,109
-8,433
-4,121
-7,382
-144,214
Profit After Tax
358,298
565,049
646,425
299,888
88,616
-43,218
-59,146
4,727
33,731
16,486
27,769
-22,718
-13,712
-38,713
-29,748
370,837
Dividends Paid
Retained Profit
358,298
565,049
646,425
299,888
88,616
-43,218
-59,146
4,727
33,731
16,486
27,769
-22,718
-13,712
-38,713
-29,748
370,837
Employee Costs
1,390,343
1,145,233
1,085,829
839,151
565,998
423,986
318,954
374,509
273,083
238,460
236,409
238,641
200,589
196,145
228,667
Number Of Employees
35
30
30
24
17
13
10
12
9
8
8
8
7
7
8
EBITDA*
465,105
727,211
1,034,998
507,364
170,739
-5,620
11,700
55,063
84,815
60,921
69,950
14,132
28,009
8,616
25,885
586,528
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
3,796,366
2,774,535
2,190,061
1,746,370
840,862
588,160
589,947
558,157
542,756
550,760
512,885
457,446
493,194
519,858
585,499
640,437
Intangible Assets
Investments & Other
4,798
4,798
4,798
4,798
4,798
4,798
4,798
Debtors (Due After 1 year)
Total Fixed Assets
3,796,366
2,774,535
2,190,061
1,746,370
840,862
588,160
589,947
558,157
547,554
550,760
517,683
462,244
497,992
524,656
590,297
645,235
Stock & work in progress
Trade Debtors
735,536
681,246
428,916
239,988
114,142
42,254
100,673
160,831
132,958
91,002
88,652
88,157
79,494
73,762
60,251
59,429
Group Debtors
18,334
Misc Debtors
113,062
205,856
125,322
211,533
47,124
40,362
Cash
231,709
667,333
625,079
313,025
167,482
1
12,380
14,025
3,495
292
201
201
201
1
18,002
misc current assets
4,798
39,162
27,782
total current assets
1,080,307
1,554,435
1,179,317
764,546
347,082
82,617
113,053
179,654
136,453
130,456
116,635
88,358
79,695
73,763
60,251
77,431
total assets
4,876,673
4,328,970
3,369,378
2,510,916
1,187,944
670,777
703,000
737,811
684,007
681,216
634,318
550,602
577,687
598,419
650,548
722,666
Bank overdraft
7,842
9,994
9,747
32,288
Bank loan
Trade Creditors
255,249
228,036
179,472
379,788
126,751
88,366
292,460
280,148
234,403
238,020
220,042
218,026
211,503
207,704
230,508
232,211
Group/Directors Accounts
185,600
220,109
459,292
315,568
169,398
other short term finances
hp & lease commitments
406,547
397,583
284,079
235,547
74,784
53,238
other current liabilities
146,351
149,242
163,060
105,080
169,248
114,791
total current liabilities
1,001,589
1,004,964
1,095,650
1,068,271
540,181
256,395
292,460
280,148
234,403
238,020
220,042
218,026
211,503
207,704
230,508
232,211
loans
7,093
20,754
30,748
40,814
50,000
49,664
hp & lease commitments
835,577
778,428
545,330
431,892
151,141
68,423
Accruals and Deferred Income
11,345
18,279
other liabilities
71,027
59,004
55,672
71,650
52,282
16,630
27,520
38,339
28,951
69,618
provisions
777,843
628,551
366,426
285,140
61,711
total long term liabilities
1,620,513
1,427,733
942,504
757,846
262,852
118,087
71,027
59,004
55,672
82,995
70,561
16,630
27,520
38,339
28,951
69,618
total liabilities
2,622,102
2,432,697
2,038,154
1,826,117
803,033
374,482
363,487
339,152
290,075
321,015
290,603
234,656
239,023
246,043
259,459
301,829
net assets
2,254,571
1,896,273
1,331,224
684,799
384,911
296,295
339,513
398,659
393,932
360,201
343,715
315,946
338,664
352,376
391,089
420,837
total shareholders funds
2,254,571
1,896,273
1,331,224
684,799
384,911
296,295
339,513
398,659
393,932
360,201
343,715
315,946
338,664
352,376
391,089
420,837
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
456,700
725,007
796,310
373,746
112,358
-41,588
-59,245
5,814
42,159
20,606
35,150
-22,719
-13,713
-38,713
-29,793
515,006
Depreciation
8,405
2,204
238,688
133,618
58,381
35,968
70,945
49,249
42,656
40,315
34,800
36,851
41,721
47,329
55,678
71,522
Amortisation
Tax
-119,433
-188,350
-151,631
-70,344
-20,786
-1,109
-8,433
-4,121
-7,382
-144,214
Stock
Debtors
-38,504
332,864
102,717
271,921
96,984
-18,057
-60,158
27,873
41,956
2,350
495
8,663
5,732
13,511
822
59,429
Creditors
27,213
48,564
-200,316
253,037
38,385
-204,094
12,312
45,745
-3,617
17,978
2,016
6,523
3,799
-22,804
-1,703
232,211
Accruals and Deferred Income
-2,891
-13,818
57,980
-64,168
54,457
114,791
-11,345
-6,934
18,279
Deferred Taxes & Provisions
149,292
262,125
81,286
223,429
61,711
Cash flow from operations
557,790
502,868
719,600
577,397
207,522
-76,866
84,170
71,826
19,464
65,494
82,368
11,992
26,075
-27,699
23,360
615,096
Investing Activities
capital expenditure
-1,030,236
-586,678
-682,379
-1,039,126
-311,083
-34,181
-102,735
-64,650
-34,652
-78,190
-90,239
-1,103
-15,057
18,312
-740
-711,959
Change in Investments
-4,798
4,798
-4,798
4,798
cash flow from investments
-1,030,236
-586,678
-682,379
-1,039,126
-311,083
-34,181
-102,735
-59,852
-39,450
-73,392
-90,239
-1,103
-15,057
18,312
-740
-716,757
Financing Activities
Bank loans
Group/Directors Accounts
-34,509
-239,183
143,724
146,170
169,398
Other Short Term Loans
Long term loans
-13,661
-9,994
-10,066
-9,186
336
49,664
Hire Purchase and Lease Commitments
66,113
346,602
161,970
441,514
104,264
121,661
other long term liabilities
-71,027
12,023
3,332
-15,978
19,368
35,652
-10,890
-10,819
9,388
-40,667
69,618
share issue
50,000
interest
21,030
28,392
1,745
-3,515
-2,956
-1,630
99
22
5
1
1
1
1
45
45
cash flow from financing
38,973
125,817
297,373
574,983
271,042
98,668
12,122
3,354
-15,973
19,369
35,653
-10,889
-10,818
9,388
-40,622
119,663
cash and cash equivalents
cash
-435,624
42,254
312,054
145,543
167,481
-12,379
-1,645
10,530
3,203
91
200
1
-18,002
18,002
overdraft
-2,152
247
-22,541
32,288
change in cash
-433,472
42,007
334,595
113,255
167,481
-12,379
-1,645
10,530
3,203
91
200
1
-18,002
18,002
grinsells skip hire limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for grinsells skip hire limited. Get real-time insights into grinsells skip hire limited's credit score, group structure and payment trends.
Perform a competitor analysis for grinsells skip hire limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in WS1 area or any other competitors across 12 key performance metrics.
grinsells skip hire limited Ownership
GRINSELLS SKIP HIRE LIMITED group structure
Grinsells Skip Hire Limited has no subsidiary companies.
Ultimate parent company
GRINSELLS SKIP HIRE LIMITED
02478092
GRINSELLS SKIP HIRE LIMITED Shareholders
The sole shareholder of Grinsells Skip Hire Limited is Grinsells Waste Management Limited.
grinsells waste management limited
100%
grinsells skip hire limited directors
Grinsells Skip Hire Limited currently has 2 directors.
The longest serving directors include
Mr Aidan Shanley (Jul 2019) and
Mr Declan Shanley (Nov 2021).
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 4 charges/mortgages relating to grinsells skip hire limited. Currently there are 0 open charges and 4 have been satisfied in the past.
grinsells skip hire limited 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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grinsells skip hire limitedCompanies House Filings - See Documents
