Pomanda estimates the enterprise value of INTERFACE CONTRACTS LIMITED at £4.5m based on a Turnover of £10.6m and 0.43x industry multiple (adjusted for size and gross margin).
interface contracts limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of INTERFACE CONTRACTS LIMITED at £2.3m based on an EBITDA of £507.1k and a 4.54x industry multiple (adjusted for size and gross margin).
interface contracts limitedEstimated Valuation
£7.2m
Pomanda estimates the enterprise value of INTERFACE CONTRACTS LIMITED at £7.2m based on Net Assets of £2.9m and 2.45x industry multiple (adjusted for liquidity).
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Interface Contracts LimitedOverview
Interface Contracts Limited is a dissolved company that was located in manchester, M3 3WF with a Companies House number of 02699908. It operated in the electrical installation sector, SIC Code 43210. Founded in March 1992, it's largest shareholder was
bowdon interface holdings limited
with a 100% stake. The last turnover for Interface Contracts Limited was estimated at £10.6m.
Pomanda's financial health check has awarded Interface Contracts Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
0 Regular
6 Weak
Size
annual sales of £10.6m, make it larger than the average company (£625.4k)
£10.6m - Interface Contracts Limited
£625.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.4%)
-8% - Interface Contracts Limited
7.4% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (27.3%)
19.1% - Interface Contracts Limited
27.3% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (6.8%)
4.6% - Interface Contracts Limited
6.8% - Industry AVG
Employees
with 51 employees, this is above the industry average (27)
51 - Interface Contracts Limited
27 - Industry AVG
Pay Structure
on an average salary of £53.7k, the company has a higher pay structure (£40.2k)
£53.7k - Interface Contracts Limited
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £207.8k, this is more efficient (£124.9k)
£207.8k - Interface Contracts Limited
£124.9k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (59 days)
89 days - Interface Contracts Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (43 days)
61 days - Interface Contracts Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (8 days)
5 days - Interface Contracts Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is less cash available to meet short term requirements (19 weeks)
14 weeks - Interface Contracts Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.7%, this is a lower level of debt than the average (62.6%)
41.7% - Interface Contracts Limited
62.6% - Industry AVG
INTERFACE CONTRACTS LIMITED financials
EXPORT
Interface Contracts Limited's latest turnover from March 2019 is £10.6 million and the company has net assets of £2.9 million. According to their latest financial statements, Interface Contracts Limited has 51 employees and maintains cash reserves of £567.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
10,595,697
19,792,830
13,795,950
13,473,325
14,585,771
12,962,110
12,555,497
9,581,650
7,439,029
7,062,393
Other Income Or Grants
Cost Of Sales
8,572,693
17,082,739
10,210,755
9,446,149
10,138,844
8,902,745
8,327,625
6,291,513
4,603,704
4,324,002
Gross Profit
2,023,004
2,710,091
3,585,195
4,027,176
4,446,927
4,059,364
4,227,871
3,290,137
2,835,325
2,738,391
Admin Expenses
1,533,585
1,750,493
1,840,703
3,645,994
4,341,505
4,125,441
4,134,199
3,396,928
3,075,225
2,015,313
Operating Profit
489,419
959,598
1,744,492
381,182
105,422
-66,077
93,672
-106,791
-239,900
723,078
Interest Payable
147
441
176
10
10
Interest Receivable
5,910
94
359
760
90
732
1,912
1,269
Pre-Tax Profit
495,329
959,545
1,744,410
381,766
105,423
-66,087
93,751
-106,059
-237,988
724,347
Tax
-7,562
-195,767
-352,349
-76,353
-22,139
-22,500
-202,817
Profit After Tax
487,767
763,778
1,392,061
305,413
83,284
-66,087
71,251
-106,059
-237,988
521,530
Dividends Paid
64,927
151,219
172,710
Retained Profit
422,840
612,559
1,219,351
305,413
83,284
-66,087
71,251
-106,059
-237,988
521,530
Employee Costs
2,736,579
2,954,522
2,573,061
3,794,308
3,880,397
3,342,375
3,343,207
2,755,294
2,320,705
2,362,779
Number Of Employees
51
60
60
96
98
89
92
76
65
65
EBITDA*
507,068
1,037,307
1,761,810
399,871
128,525
-48,127
109,570
-91,884
-219,155
737,381
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
23,706
44,256
101,370
99,947
125,990
90,020
67,307
63,281
72,673
73,170
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
23,706
44,256
101,370
99,947
125,990
90,020
67,307
63,281
72,673
73,170
Stock & work in progress
129,836
237,236
566,217
170,607
208,305
167,649
173,832
49,515
58,099
32,330
Trade Debtors
2,601,637
2,854,428
2,717,632
2,331,531
2,594,965
2,347,593
2,255,530
1,742,873
1,320,962
1,234,499
Group Debtors
1,670,936
Misc Debtors
41,372
13,753
18,680
Cash
567,227
1,653,519
2,111,557
303,936
41
84
35,879
257,105
507,523
misc current assets
total current assets
5,011,008
4,758,936
5,414,086
2,806,074
2,803,311
2,515,326
2,429,362
1,828,267
1,636,166
1,774,352
total assets
5,034,714
4,803,192
5,515,456
2,906,021
2,929,301
2,605,346
2,496,669
1,891,548
1,708,839
1,847,522
Bank overdraft
4,040
4,907
5,411
310
Bank loan
Trade Creditors
1,438,331
1,583,200
2,233,352
2,201,942
2,532,183
2,299,204
2,129,666
1,595,842
1,306,804
1,199,118
Group/Directors Accounts
353
other short term finances
hp & lease commitments
other current liabilities
657,428
681,553
1,356,443
total current liabilities
2,095,759
2,268,793
3,595,055
2,207,353
2,532,183
2,299,204
2,129,976
1,595,842
1,306,804
1,199,118
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,112
3,725
13,915
provisions
2,862
21,146
19,707
17,325
21,188
13,496
7,960
6,112
4,769
2,960
total long term liabilities
2,862
21,146
19,707
17,325
21,188
13,496
7,960
8,224
8,494
16,875
total liabilities
2,098,621
2,289,939
3,614,762
2,224,678
2,553,371
2,312,700
2,137,936
1,604,066
1,315,298
1,215,993
net assets
2,936,093
2,513,253
1,900,694
681,343
375,930
292,646
358,733
287,482
393,541
631,529
total shareholders funds
2,936,093
2,513,253
1,900,694
681,343
375,930
292,646
358,733
287,482
393,541
631,529
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
489,419
959,598
1,744,492
381,182
105,422
-66,077
93,672
-106,791
-239,900
723,078
Depreciation
17,649
77,709
17,318
18,689
23,103
17,950
15,898
14,907
20,745
14,303
Amortisation
Tax
-7,562
-195,767
-352,349
-76,353
-22,139
-22,500
-202,817
Stock
-107,400
-328,981
395,610
-37,698
40,656
-6,183
124,317
-8,584
25,769
32,330
Debtors
1,445,764
131,869
404,781
-263,434
247,372
92,063
512,657
421,911
86,463
1,234,499
Creditors
-144,869
-650,152
31,410
-330,241
232,979
169,538
533,824
289,038
107,686
1,199,118
Accruals and Deferred Income
-24,125
-674,890
1,356,443
Deferred Taxes & Provisions
-18,284
1,439
2,382
-3,863
7,692
5,536
1,848
1,343
1,809
2,960
Cash flow from operations
-1,026,136
-284,951
1,999,305
290,546
59,029
41,067
-14,232
-214,830
-221,892
469,813
Investing Activities
capital expenditure
2,901
-27,013
-20,468
7,354
-59,073
-40,663
-19,924
-5,515
-20,248
-87,473
Change in Investments
cash flow from investments
2,901
-27,013
-20,468
7,354
-59,073
-40,663
-19,924
-5,515
-20,248
-87,473
Financing Activities
Bank loans
Group/Directors Accounts
-353
353
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-2,112
-1,613
-10,190
13,915
share issue
109,999
interest
5,910
-53
-82
584
-10
80
732
1,912
1,269
cash flow from financing
5,910
-406
271
584
-10
-2,032
-881
-8,278
125,183
cash and cash equivalents
cash
-1,086,292
-458,038
1,807,621
303,895
-43
84
-35,879
-221,226
-250,418
507,523
overdraft
-4,040
-867
-504
5,411
-310
310
change in cash
-1,082,252
-457,171
1,808,125
298,484
-43
394
-36,189
-221,226
-250,418
507,523
interface contracts 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 interface contracts limited. Get real-time insights into interface contracts limited's credit score, group structure and payment trends.
Perform a competitor analysis for interface contracts limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in M 3 area or any other competitors across 12 key performance metrics.
interface contracts limited Ownership
INTERFACE CONTRACTS LIMITED group structure
Interface Contracts Limited has no subsidiary companies.
The sole shareholder of Interface Contracts Limited is Bowdon Interface Holdings Limited.
bowdon interface holdings limited
100%
interface contracts limited directors
Interface Contracts Limited currently has 4 directors.
The longest serving directors include
Mr David Taylor (Mar 1992) and
Mr Paul Mullender (Mar 1996).
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 did not find charges/mortgages relating to interface contracts limited.
interface contracts 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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interface contracts limitedCompanies House Filings - See Documents
