Pomanda estimates the enterprise value of SIMEC PORTS (UK) LIMITED at £10.2m based on a Turnover of £14.5m and 0.7x industry multiple (adjusted for size and gross margin).
simec ports (uk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SIMEC PORTS (UK) LIMITED at £0 based on an EBITDA of £-225.1k and a 3.29x industry multiple (adjusted for size and gross margin).
simec ports (uk) limitedEstimated Valuation
£64.1k
Pomanda estimates the enterprise value of SIMEC PORTS (UK) LIMITED at £64.1k based on Net Assets of £42.1k and 1.52x industry multiple (adjusted for liquidity).
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Simec Ports (uk) LimitedOverview
Simec Ports (uk) Limited is a live company located in newport, NP19 4XE with a Companies House number of 03090130. It operates in the cargo handling for water transport activities sector, SIC Code 52241. Founded in August 1995, it's largest shareholder is
simec shipping uk ltd
with a 100% stake. Simec Ports (uk) Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£14.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Simec Ports (Uk) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £14.5m, make it larger than the average company (£5.2m)
£14.5m - Simec Ports (uk) Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2%)
14% - Simec Ports (uk) Limited
2% - Industry AVG
Production
with a gross margin of 23.5%, this company has a comparable cost of product (23.5%)
23.5% - Simec Ports (uk) Limited
23.5% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (2.6%)
-3.9% - Simec Ports (uk) Limited
2.6% - Industry AVG
Employees
with 83 employees, this is above the industry average (27)
83 - Simec Ports (uk) Limited
27 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
£36.3k - Simec Ports (uk) Limited
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £174.8k, this is equally as efficient (£159.3k)
£174.8k - Simec Ports (uk) Limited
£159.3k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (46 days)
54 days - Simec Ports (uk) Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (32 days)
59 days - Simec Ports (uk) Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (4 days)
2 days - Simec Ports (uk) Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Simec Ports (uk) Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.1%, this is a higher level of debt than the average (66%)
99.1% - Simec Ports (uk) Limited
66% - Industry AVG
SIMEC PORTS (UK) LIMITED financials
EXPORT
Simec Ports (Uk) Limited's latest turnover from November 2019 is estimated at £14.5 million and the company has net assets of £42.1 thousand. According to their latest financial statements, Simec Ports (Uk) Limited has 83 employees and maintains cash reserves of £436 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2019
Nov 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
14,510,120
12,964,249
10,945,369
9,828,231
11,284,716
12,153,766
11,491,637
11,622,104
12,423,532
12,175,961
10,693,641
Other Income Or Grants
Cost Of Sales
11,099,668
10,010,168
8,523,419
9,168,005
10,617,862
11,163,709
10,566,131
10,603,109
11,504,795
11,213,392
9,861,622
Gross Profit
3,410,452
2,954,081
2,421,951
660,226
666,854
990,057
925,506
1,018,995
918,737
962,569
832,019
Admin Expenses
3,976,787
2,862,191
2,065,904
431,441
773,920
699,494
721,075
839,569
730,565
776,419
707,958
Operating Profit
-566,335
91,890
356,047
228,785
-107,066
290,563
204,431
179,426
188,172
186,150
124,061
Interest Payable
118,967
109,767
126,328
63,486
73,427
75,077
68,987
67,641
85,806
92,634
77,206
Interest Receivable
3
2
1
Pre-Tax Profit
-685,299
-17,875
229,720
165,299
-180,493
215,486
123,396
111,785
102,366
93,516
46,855
Tax
-43,647
-15,872
-12,491
-51,394
-27,670
-24,180
-38,975
-38,719
-29,533
Profit After Tax
-685,299
-17,875
186,073
149,427
-192,984
164,092
95,726
87,605
63,391
54,797
17,322
Dividends Paid
40,000
30,000
50,000
40,000
50,000
100,000
32,000
Retained Profit
-685,299
-17,875
186,073
109,427
-222,984
114,092
55,726
37,605
-36,609
22,797
17,322
Employee Costs
3,009,514
2,555,733
2,218,508
2,367,172
2,036,931
2,444,310
2,242,253
2,160,219
2,076,358
2,103,856
2,167,786
Number Of Employees
83
74
75
73
90
90
78
73
62
59
65
EBITDA*
-225,090
91,890
523,681
385,278
270,755
625,036
503,479
191,827
539,568
601,413
497,731
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2019
Nov 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
1,928,758
1,831,626
1,644,403
1,763,535
2,022,453
2,477,241
2,208,339
1,633,483
1,808,474
1,999,767
1,627,965
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,928,758
1,831,626
1,644,403
1,763,535
2,022,453
2,477,241
2,208,339
1,633,483
1,808,474
1,999,767
1,627,965
Stock & work in progress
71,436
128,600
60,179
110,000
100,100
114,930
110,106
134,685
160,266
55,838
76,455
Trade Debtors
2,166,890
2,430,399
2,375,520
2,417,555
2,755,737
2,637,824
2,644,541
2,480,867
2,517,916
2,746,466
2,504,631
Group Debtors
Misc Debtors
413,778
276,120
158,047
184,129
147,474
269,460
366,584
202,864
264,084
208,452
248,620
Cash
436
385
157
240
237
219
250
462
453
285
465
misc current assets
total current assets
2,652,540
2,835,504
2,593,903
2,711,924
3,003,548
3,022,433
3,121,481
2,818,878
2,942,719
3,011,041
2,830,171
total assets
4,581,298
4,667,130
4,238,306
4,475,459
5,026,001
5,499,674
5,329,820
4,452,361
4,751,193
5,010,808
4,458,136
Bank overdraft
266,879
146,842
234,917
156,739
263,297
89,224
52,041
140,981
340,959
259,039
515,739
Bank loan
98,000
98,000
Trade Creditors
1,823,760
1,752,441
973,248
1,255,943
1,518,871
1,456,772
1,640,341
1,370,654
1,443,671
1,416,552
1,346,210
Group/Directors Accounts
67,251
132,251
other short term finances
1,194,223
1,300,330
1,570,270
1,851,583
1,708,941
1,706,801
1,547,837
1,361,173
1,315,902
1,428,180
1,175,949
hp & lease commitments
174,992
51,450
128,656
95,307
90,924
117,604
108,153
120,229
189,111
254,659
170,381
other current liabilities
166,235
350,538
388,199
259,967
513,275
480,008
387,690
415,949
336,008
338,517
336,057
total current liabilities
3,693,340
3,733,852
3,295,290
3,619,539
4,095,308
3,948,409
3,834,062
3,408,986
3,625,651
3,696,947
3,544,336
loans
616,667
73,500
171,500
455,500
430,496
186,000
186,000
186,000
186,000
hp & lease commitments
225,333
145,467
121,732
70,586
113,500
195,161
227,717
63,771
111,987
234,698
105,894
Accruals and Deferred Income
68,375
95,725
123,075
other liabilities
provisions
3,810
60,364
75,962
84,210
100,146
104,723
101,056
85,491
129,697
131,346
142,711
total long term liabilities
845,810
205,831
197,694
296,671
480,871
878,459
759,269
335,262
427,684
552,044
434,605
total liabilities
4,539,150
3,939,683
3,492,984
3,916,210
4,576,179
4,826,868
4,593,331
3,744,248
4,053,335
4,248,991
3,978,941
net assets
42,148
727,447
745,322
559,249
449,822
672,806
736,489
708,113
697,858
761,817
479,195
total shareholders funds
42,148
727,447
745,322
559,249
449,822
672,806
736,489
708,113
697,858
761,817
479,195
Nov 2019
Nov 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-566,335
91,890
356,047
228,785
-107,066
290,563
204,431
179,426
188,172
186,150
124,061
Depreciation
341,245
167,634
156,493
377,821
334,473
299,048
12,401
351,396
415,263
362,129
Amortisation
11,541
Tax
-43,647
-15,872
-12,491
-51,394
-27,670
-24,180
-38,975
-38,719
-29,533
Stock
-57,164
68,421
-49,821
9,900
-14,830
4,824
-24,579
-25,581
104,428
-20,617
76,455
Debtors
-125,851
172,952
-68,117
-301,527
-4,073
-103,841
327,394
-98,269
-172,918
201,667
2,753,251
Creditors
71,319
779,193
-282,695
-262,928
62,099
-183,569
269,687
-73,017
27,119
70,342
1,346,210
Accruals and Deferred Income
-184,303
-37,661
59,857
-280,658
5,917
215,393
-28,259
79,941
-2,509
2,460
336,057
Deferred Taxes & Provisions
-56,554
-15,598
-8,248
-15,936
-4,577
3,667
15,565
-44,206
-1,649
-11,365
142,711
Cash flow from operations
-211,613
576,451
366,886
101,511
340,606
708,150
429,987
254,215
592,044
443,081
-536,530
Investing Activities
capital expenditure
-438,377
-187,223
-48,502
-88,401
77,886
-579,049
-885,112
-118,767
-153,774
-762,293
-201,731
Change in Investments
cash flow from investments
-438,377
-187,223
-48,502
-88,401
77,886
-579,049
-885,112
-118,767
-153,774
-762,293
-201,731
Financing Activities
Bank loans
-98,000
98,000
Group/Directors Accounts
-65,000
132,251
Other Short Term Loans
-106,107
-269,940
-281,313
142,642
2,140
158,964
186,664
45,271
-112,278
252,231
1,175,949
Long term loans
616,667
-73,500
-98,000
-284,000
25,004
244,496
186,000
Hire Purchase and Lease Commitments
203,408
-53,471
84,495
-38,531
-108,341
-23,105
151,870
-117,098
-188,259
213,082
276,275
other long term liabilities
share issue
-177,775
-27,350
-27,350
-27,350
259,825
461,873
interest
-118,964
-109,765
-126,327
-63,486
-73,427
-75,077
-68,987
-67,641
-85,806
-92,634
-77,206
cash flow from financing
530,004
-300,925
-396,645
-57,375
-561,628
-91,989
584,693
-166,818
-413,693
632,504
2,022,891
cash and cash equivalents
cash
51
228
-83
3
18
-31
-212
9
168
-180
465
overdraft
120,037
-88,075
78,178
-106,558
174,073
37,183
-88,940
-199,978
81,920
-256,700
515,739
change in cash
-119,986
88,303
-78,261
106,561
-174,055
-37,214
88,728
199,987
-81,752
256,520
-515,274
simec ports (uk) 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 simec ports (uk) limited. Get real-time insights into simec ports (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for simec ports (uk) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in NP19 area or any other competitors across 12 key performance metrics.
simec ports (uk) limited Ownership
SIMEC PORTS (UK) LIMITED group structure
Simec Ports (Uk) Limited has 6 subsidiary companies.
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 12 charges/mortgages relating to simec ports (uk) limited. Currently there are 0 open charges and 12 have been satisfied in the past.
simec ports (uk) 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 SIMEC PORTS (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
simec ports (uk) limitedCompanies House Filings - See Documents
