southern coating contractors limited
southern coating contractors limited Company Information
Company Number
02864995
Next Accounts
Jan 2026
Shareholders
scc 2005 ltd
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
277 shirley road, southampton, hampshire, SO15 3HT
Website
http://scc.uk.comsouthern coating contractors limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN COATING CONTRACTORS LIMITED at £506k based on a Turnover of £1.3m and 0.38x industry multiple (adjusted for size and gross margin).
southern coating contractors limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN COATING CONTRACTORS LIMITED at £150.7k based on an EBITDA of £39.4k and a 3.83x industry multiple (adjusted for size and gross margin).
southern coating contractors limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN COATING CONTRACTORS LIMITED at £2.1m based on Net Assets of £977.5k and 2.13x industry multiple (adjusted for liquidity).
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Southern Coating Contractors Limited Overview
Southern Coating Contractors Limited is a live company located in hampshire, SO15 3HT with a Companies House number of 02864995. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in October 1993, it's largest shareholder is scc 2005 ltd with a 100% stake. Southern Coating Contractors Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Southern Coating Contractors Limited Health Check
Pomanda's financial health check has awarded Southern Coating Contractors Limited a 3.5 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£7.1m)
- Southern Coating Contractors Limited
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (11.8%)
- Southern Coating Contractors Limited
11.8% - Industry AVG
Production
with a gross margin of 25%, this company has a comparable cost of product (25%)
- Southern Coating Contractors Limited
25% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (6.4%)
- Southern Coating Contractors Limited
6.4% - Industry AVG
Employees
with 13 employees, this is below the industry average (29)
13 - Southern Coating Contractors Limited
29 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Southern Coating Contractors Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £101.7k, this is less efficient (£198k)
- Southern Coating Contractors Limited
£198k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (52 days)
- Southern Coating Contractors Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (36 days)
- Southern Coating Contractors Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Southern Coating Contractors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is average cash available to meet short term requirements (20 weeks)
22 weeks - Southern Coating Contractors Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41%, this is a lower level of debt than the average (59.2%)
41% - Southern Coating Contractors Limited
59.2% - Industry AVG
SOUTHERN COATING CONTRACTORS LIMITED financials
Southern Coating Contractors Limited's latest turnover from April 2024 is estimated at £1.3 million and the company has net assets of £977.5 thousand. According to their latest financial statements, Southern Coating Contractors Limited has 13 employees and maintains cash reserves of £278.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 13 | 13 | 19 | 19 | 19 | 19 | 19 | 18 | 18 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 157,620 | 63,138 | 71,684 | 92,688 | 79,075 | 105,433 | 129,926 | 65,690 | 87,586 | 99,781 | 93,797 | 102,513 | 63,398 | 52,918 | 125,256 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 545,706 | 545,706 | 545,706 | 545,706 | |||||||||||
| Total Fixed Assets | 703,326 | 608,844 | 617,390 | 638,394 | 79,075 | 105,433 | 129,926 | 65,690 | 87,586 | 99,781 | 93,797 | 102,513 | 63,398 | 52,918 | 125,256 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 8,185 | 370,595 | 398,324 | 683,187 | 845,857 | 386,110 | 1,507,582 | 623,481 | 560,058 | 1,445,315 | 822,829 | 973,090 | 950,796 | 1,040,412 | 963,135 |
| Group Debtors | 545,706 | 545,706 | 545,706 | 545,706 | 545,706 | ||||||||||
| Misc Debtors | 666,362 | 368,052 | 53,429 | 69,206 | 72,671 | 281,934 | 61,692 | 563,208 | 456,881 | 285,348 | 55,115 | 29,115 | 164,990 | ||
| Cash | 278,359 | 454,159 | 252,338 | 151,009 | 268,710 | 291,394 | 182,047 | 101,800 | 132,430 | 177,765 | 250,577 | 160,528 | 126,507 | 112,322 | 75,722 |
| misc current assets | 8,103 | ||||||||||||||
| total current assets | 952,906 | 1,192,806 | 712,194 | 903,402 | 1,732,944 | 1,505,144 | 2,297,027 | 1,834,195 | 1,695,075 | 1,623,080 | 1,358,754 | 1,188,733 | 1,106,418 | 1,317,724 | 1,038,857 |
| total assets | 1,656,232 | 1,801,650 | 1,329,584 | 1,541,796 | 1,812,019 | 1,610,577 | 2,426,953 | 1,899,885 | 1,782,661 | 1,722,861 | 1,452,551 | 1,291,246 | 1,169,816 | 1,370,642 | 1,164,113 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 267,361 | 201,125 | 128,812 | 248,532 | 327,368 | 231,856 | 708,903 | 608,380 | 432,100 | 966,095 | 783,646 | 481,993 | 431,354 | 664,719 | 361,396 |
| Group/Directors Accounts | 119,089 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 9,180 | 17,620 | 20,416 | 20,352 | 6,070 | ||||||||||
| other current liabilities | 378,366 | 608,446 | 310,065 | 336,783 | 529,959 | 438,059 | 740,258 | 485,496 | 539,223 | ||||||
| total current liabilities | 645,727 | 809,571 | 438,877 | 594,495 | 874,947 | 690,331 | 1,469,513 | 1,099,946 | 971,323 | 966,095 | 783,646 | 481,993 | 431,354 | 664,719 | 480,485 |
| loans | 9,097 | 25,513 | |||||||||||||
| hp & lease commitments | 9,180 | 26,800 | 47,216 | 10,622 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 15,066 | 9,768 | |||||||||||||
| provisions | 33,030 | 14,554 | 16,420 | 16,220 | 13,327 | 16,072 | 119,829 | 108,413 | 188,566 | 175,000 | 175,000 | 375,000 | 375,000 | 375,000 | 375,000 |
| total long term liabilities | 33,030 | 14,554 | 16,420 | 16,220 | 22,507 | 42,872 | 167,045 | 119,035 | 188,566 | 175,000 | 184,097 | 400,513 | 390,066 | 384,768 | 375,000 |
| total liabilities | 678,757 | 824,125 | 455,297 | 610,715 | 897,454 | 733,203 | 1,636,558 | 1,218,981 | 1,159,889 | 1,141,095 | 967,743 | 882,506 | 821,420 | 1,049,487 | 855,485 |
| net assets | 977,475 | 977,525 | 874,287 | 931,081 | 914,565 | 877,374 | 790,395 | 680,904 | 622,772 | 581,766 | 484,808 | 408,740 | 348,396 | 321,155 | 308,628 |
| total shareholders funds | 977,475 | 977,525 | 874,287 | 931,081 | 914,565 | 877,374 | 790,395 | 680,904 | 622,772 | 581,766 | 484,808 | 408,740 | 348,396 | 321,155 | 308,628 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 58,641 | 21,046 | 23,894 | 30,896 | 26,358 | 35,144 | 43,309 | 21,896 | 25,795 | 33,270 | 31,268 | 34,177 | 21,134 | 37,280 | 41,752 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -64,100 | 286,894 | -300,640 | -166,135 | 250,484 | -901,230 | 382,585 | 169,750 | 117,330 | 337,138 | 79,972 | 48,294 | -225,491 | 242,267 | 963,135 |
| Creditors | 66,236 | 72,313 | -119,720 | -78,836 | 95,512 | -477,047 | 100,523 | 176,280 | -533,995 | 182,449 | 301,653 | 50,639 | -233,365 | 303,323 | 361,396 |
| Accruals and Deferred Income | -230,080 | 298,381 | -26,718 | -193,176 | 91,900 | -302,199 | 254,762 | -53,727 | 539,223 | ||||||
| Deferred Taxes & Provisions | 18,476 | -1,866 | 200 | 2,893 | -2,745 | -103,757 | 11,416 | -80,153 | 13,566 | -200,000 | 375,000 | ||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -119,089 | 119,089 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -9,097 | -16,416 | 25,513 | ||||||||||||
| Hire Purchase and Lease Commitments | -9,180 | -17,620 | -20,416 | -20,352 | 50,876 | 16,692 | |||||||||
| other long term liabilities | -15,066 | 5,298 | 9,768 | ||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -175,800 | 201,821 | 101,329 | -117,701 | -22,684 | 109,347 | 80,247 | -30,630 | -45,335 | -72,812 | 90,049 | 34,021 | 14,185 | 36,600 | 75,722 |
| overdraft | |||||||||||||||
| change in cash | -175,800 | 201,821 | 101,329 | -117,701 | -22,684 | 109,347 | 80,247 | -30,630 | -45,335 | -72,812 | 90,049 | 34,021 | 14,185 | 36,600 | 75,722 |
southern coating contractors limited Credit Report and Business Information
Southern Coating Contractors Limited Competitor Analysis
Perform a competitor analysis for southern coating contractors limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SO15 area or any other competitors across 12 key performance metrics.
southern coating contractors limited Ownership
SOUTHERN COATING CONTRACTORS LIMITED group structure
Southern Coating Contractors Limited has no subsidiary companies.
Ultimate parent company
1 parent
SOUTHERN COATING CONTRACTORS LIMITED
02864995
southern coating contractors limited directors
Southern Coating Contractors Limited currently has 3 directors. The longest serving directors include Mr Anthony Frost (Nov 1995) and Mr John Rooker (Feb 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Frost | England | 65 years | Nov 1995 | - | Director |
| Mr John Rooker | United Kingdom | 69 years | Feb 2006 | - | Director |
| Mr David Skeates | 45 years | Oct 2013 | - | Director |
P&L
April 2024turnover
1.3m
-35%
operating profit
-19.3k
0%
gross margin
25.1%
+0.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
977.5k
0%
total assets
1.7m
-0.08%
cash
278.4k
-0.39%
net assets
Total assets minus all liabilities
southern coating contractors limited company details
company number
02864995
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
October 1993
age
32
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
277 shirley road, southampton, hampshire, SO15 3HT
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
southern coating contractors limited 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 2 charges/mortgages relating to southern coating contractors limited. Currently there are 1 open charges and 1 have been satisfied in the past.
southern coating contractors 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.
Click to start generating capital raising & share issue transactions for SOUTHERN COATING CONTRACTORS LIMITED. This can take several minutes, an email will notify you when this has completed.
southern coating contractors limited Companies House Filings - See Documents
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