Pomanda estimates the enterprise value of SIMARCO INTERNATIONAL LIMITED at £88.5m based on a Turnover of £84.1m and 1.05x industry multiple (adjusted for size and gross margin).
simarco international limitedEstimated Valuation
£50.7m
Pomanda estimates the enterprise value of SIMARCO INTERNATIONAL LIMITED at £50.7m based on an EBITDA of £7m and a 7.29x industry multiple (adjusted for size and gross margin).
simarco international limitedEstimated Valuation
£43.2m
Pomanda estimates the enterprise value of SIMARCO INTERNATIONAL LIMITED at £43.2m based on Net Assets of £21.6m and 2x industry multiple (adjusted for liquidity).
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Simarco International LimitedOverview
Simarco International Limited is a live company located in essex, CM8 3DR with a Companies House number of 03341900. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in March 1997, it's largest shareholder is
simarco holdings ltd
with a 100% stake. Simarco International Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£84.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Simarco International Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
5 Regular
1 Weak
Size
annual sales of £84.1m, make it larger than the average company (£8.9m)
£84.1m - Simarco International Limited
£8.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.2%)
6% - Simarco International Limited
9.2% - Industry AVG
Production
with a gross margin of 31%, this company has a comparable cost of product (28.2%)
31% - Simarco International Limited
28.2% - Industry AVG
Profitability
an operating margin of 5.9% make it as profitable than the average company (5.7%)
5.9% - Simarco International Limited
5.7% - Industry AVG
Employees
with 414 employees, this is above the industry average (37)
414 - Simarco International Limited
37 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£44.2k)
£35.6k - Simarco International Limited
£44.2k - Industry AVG
Efficiency
resulting in sales per employee of £203k, this is equally as efficient (£195k)
£203k - Simarco International Limited
£195k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (45 days)
52 days - Simarco International Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (38 days)
50 days - Simarco International Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (6 days)
0 days - Simarco International Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 40 weeks, this is more cash available to meet short term requirements (19 weeks)
40 weeks - Simarco International Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.1%, this is a lower level of debt than the average (57.1%)
50.1% - Simarco International Limited
57.1% - Industry AVG
SIMARCO INTERNATIONAL LIMITED financials
EXPORT
Simarco International Limited's latest turnover from December 2023 is £84.1 million and the company has net assets of £21.6 million. According to their latest financial statements, Simarco International Limited has 414 employees and maintains cash reserves of £14.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
84,057,481
85,351,102
77,207,364
69,912,879
63,003,031
57,124,767
50,135,655
38,948,382
26,726,101
19,835,097
26,300,000
24,120,739
24,622,897
23,088,570
17,524,743
Other Income Or Grants
Cost Of Sales
58,023,290
61,917,832
56,359,278
52,875,040
47,438,844
42,604,885
37,730,655
29,650,489
20,160,476
15,297,780
20,102,642
18,834,219
18,570,782
17,581,363
13,240,687
Gross Profit
26,034,191
23,433,270
20,848,086
17,037,839
15,564,187
14,519,882
12,405,000
9,297,893
6,565,625
4,537,317
6,197,358
5,286,520
6,052,115
5,507,207
4,284,056
Admin Expenses
21,049,883
18,220,129
15,703,675
14,001,381
12,724,752
12,214,327
10,497,975
8,333,131
5,640,580
3,522,923
5,017,796
4,418,654
5,208,431
4,354,654
3,613,106
Operating Profit
4,984,308
5,213,141
5,144,411
3,036,458
2,839,435
2,305,555
1,907,025
964,762
925,045
1,014,394
1,179,562
867,866
843,684
1,152,553
670,950
Interest Payable
285
2,650
4,761
4,681
1,615
10,271
20,822
30,050
43,695
29,231
21,817
24,151
32,760
24,056
4,420
Interest Receivable
322,426
52,251
4
3
867
584,228
2,993
5,446
7,546
12,114
7,638
512
Pre-Tax Profit
5,306,449
5,262,742
5,139,650
3,031,781
2,837,823
2,295,284
1,886,203
935,579
1,565,468
988,156
1,165,724
853,616
824,768
1,137,483
668,022
Tax
-1,628,248
-1,157,653
-1,186,939
-810,236
-459,708
-499,080
-426,417
-321,366
-228,414
-211,781
-271,301
-251,029
-245,640
-316,412
-174,244
Profit After Tax
3,678,201
4,105,089
3,952,711
2,221,545
2,378,115
1,796,204
1,459,786
614,213
1,337,054
776,375
894,423
602,587
579,128
821,071
493,778
Dividends Paid
1,100,000
1,800,000
584,190
719,682
92,000
62,000
458,000
45,000
Retained Profit
2,578,201
2,305,089
3,952,711
2,221,545
2,378,115
1,796,204
1,459,786
614,213
752,864
776,375
174,741
510,587
517,128
363,071
448,778
Employee Costs
14,736,322
13,706,570
11,831,725
10,442,169
10,240,179
9,486,871
8,170,563
6,915,542
4,948,051
3,091,942
3,553,879
3,124,463
3,406,858
2,829,098
2,496,379
Number Of Employees
414
374
365
335
329
307
276
244
170
144
121
117
114
106
90
EBITDA*
6,955,810
6,467,102
6,302,497
4,247,321
3,509,402
3,062,454
2,676,817
1,863,657
1,310,233
1,344,123
1,478,340
1,186,784
1,106,503
1,275,492
724,061
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
1,060,076
1,073,611
1,085,248
1,137,217
1,257,441
428,353
593,840
803,608
968,043
1,228,949
593,449
438,659
652,126
583,782
166,127
Intangible Assets
11,909,651
4,785,440
5,329,117
6,192,722
7,056,326
2,688,057
3,112,053
1,547,696
Investments & Other
19,566
19,566
19,566
2,332,818
2,379,621
67,562
12,500
12,500
12,500
12,500
Debtors (Due After 1 year)
Total Fixed Assets
12,989,293
5,878,617
6,433,931
7,329,939
8,313,767
3,116,410
3,705,893
2,351,304
3,300,861
3,608,570
661,011
451,159
664,626
596,282
178,627
Stock & work in progress
80,065
102,321
68,825
38,825
19,325
8,168
9,258
5,276
5,276
5,276
8,829
5,581
Trade Debtors
12,193,772
13,273,743
13,201,116
11,996,370
11,602,301
9,433,780
9,139,275
6,415,428
4,324,265
4,280,445
4,014,643
3,338,219
3,391,246
3,710,450
3,248,171
Group Debtors
823,120
801,374
796,968
800,247
784,528
778,171
618,798
789,190
811,468
1,099,907
Misc Debtors
2,422,985
1,812,885
2,369,629
1,751,329
1,362,113
940,944
883,392
705,053
648,324
690,874
1,466,849
1,161,936
717,047
317,837
298,319
Cash
14,739,573
13,149,538
10,139,324
8,252,408
3,366,218
4,827,831
2,915,740
2,029,390
697,586
286,144
2,076,260
1,805,849
1,546,727
1,450,330
1,163,972
misc current assets
total current assets
30,259,515
29,139,861
26,575,862
22,839,179
17,134,485
15,988,894
13,566,463
9,944,337
6,486,919
6,362,646
7,566,581
6,311,585
5,655,020
5,478,617
4,710,462
total assets
43,248,808
35,018,478
33,009,793
30,169,118
25,448,252
19,105,304
17,272,356
12,295,641
9,787,780
9,971,216
8,227,592
6,762,744
6,319,646
6,074,899
4,889,089
Bank overdraft
Bank loan
Trade Creditors
8,057,281
10,058,679
7,641,888
10,411,600
8,032,608
6,470,165
5,711,903
3,549,163
2,918,684
2,762,408
2,708,054
1,766,904
1,369,452
1,237,789
1,202,748
Group/Directors Accounts
6,163
117,092
other short term finances
hp & lease commitments
11,355
50,182
47,752
46,349
37,258
206,095
321,083
294,796
340,069
242,436
198,353
163,216
124,704
21,864
other current liabilities
10,845,621
5,930,431
8,566,134
6,868,766
6,704,560
4,471,600
4,462,856
3,256,820
1,800,346
2,525,763
2,254,979
2,061,966
2,358,665
2,695,081
2,481,452
total current liabilities
18,902,902
16,000,465
16,258,204
17,328,118
14,783,517
10,979,023
10,380,854
7,127,066
5,019,989
5,628,240
5,205,469
4,027,223
3,891,333
4,174,666
3,706,064
loans
hp & lease commitments
11,355
61,537
97,300
24,859
227,854
462,114
769,187
266,971
197,825
396,178
359,411
28,256
Accruals and Deferred Income
other liabilities
2,750,000
533,334
provisions
33,964
34,272
61,582
53,522
63,039
3,232
70,430
49,599
74,765
28,744
7,659
12,685
38,500
15,518
total long term liabilities
2,783,964
34,272
72,937
115,059
160,339
561,425
298,284
511,713
843,952
295,715
205,484
408,863
397,911
43,774
total liabilities
21,686,866
16,034,737
16,331,141
17,443,177
14,943,856
10,979,023
10,942,279
7,425,350
5,531,702
6,472,192
5,501,184
4,232,707
4,300,196
4,572,577
3,749,838
net assets
21,561,942
18,983,741
16,678,652
12,725,941
10,504,396
8,126,281
6,330,077
4,870,291
4,256,078
3,499,024
2,726,408
2,530,037
2,019,450
1,502,322
1,139,251
total shareholders funds
21,561,942
18,983,741
16,678,652
12,725,941
10,504,396
8,126,281
6,330,077
4,870,291
4,256,078
3,499,024
2,726,408
2,530,037
2,019,450
1,502,322
1,139,251
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
4,984,308
5,213,141
5,144,411
3,036,458
2,839,435
2,305,555
1,907,025
964,762
925,045
1,014,394
1,179,562
867,866
843,684
1,152,553
670,950
Depreciation
422,159
358,071
294,481
347,258
208,814
332,903
446,227
462,887
385,188
329,729
298,778
318,918
262,819
122,939
53,111
Amortisation
1,549,343
895,890
863,605
863,605
461,153
423,996
323,565
436,008
Tax
-1,628,248
-1,157,653
-1,186,939
-810,236
-459,708
-499,080
-426,417
-321,366
-228,414
-211,781
-271,301
-251,029
-245,640
-316,412
-174,244
Stock
-22,256
33,496
30,000
19,500
11,157
-1,090
3,982
-305
3,248
5,581
Debtors
-448,125
-479,711
1,819,767
799,004
2,596,047
511,430
2,731,794
2,125,614
-287,169
1,571,071
981,337
391,862
80,006
481,797
3,546,490
Creditors
-2,001,398
2,416,791
-2,769,712
2,378,992
1,562,443
758,262
2,162,740
630,479
156,276
995,504
941,150
397,452
131,663
35,041
1,202,748
Accruals and Deferred Income
4,915,190
-2,635,703
1,697,368
164,206
2,232,960
8,744
1,206,036
1,456,474
-725,417
463,797
193,013
-296,699
-336,416
213,629
2,481,452
Deferred Taxes & Provisions
-308
-27,310
8,060
-9,517
63,039
-3,232
-67,198
20,831
-25,166
67,106
21,085
-5,026
-25,815
22,982
15,518
Cash flow from operations
8,711,427
5,509,442
2,201,507
5,152,262
4,300,932
2,816,808
2,816,202
1,524,461
774,681
1,087,983
1,377,702
634,039
550,289
748,935
703,045
Investing Activities
capital expenditure
-700,748
-760,016
66,662
24,913
-29,282
-90,716
-98,968
-121,670
-22,132
-36,450
Change in Investments
19,566
-2,332,818
-46,803
2,367,121
55,062
12,500
cash flow from investments
-19,566
-700,748
-760,016
2,399,480
71,716
-2,396,403
-145,778
-98,968
-121,670
-22,132
-48,950
Financing Activities
Bank loans
Group/Directors Accounts
-6,163
6,163
-117,092
117,092
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-11,355
-50,182
-47,752
-34,360
106,391
-193,696
-317,983
-207,973
-352,346
713,078
113,229
-163,216
75,279
433,995
50,120
other long term liabilities
2,750,000
-533,334
533,334
share issue
4,190
192,612
21,630
690,473
interest
322,141
49,601
-4,761
-4,677
-1,612
-10,271
-20,822
-29,183
540,533
-26,238
-16,371
-16,605
-20,646
-16,418
-3,908
cash flow from financing
3,060,786
-581
-52,513
-39,037
104,779
-737,301
194,529
-243,319
198,540
879,452
118,488
-179,821
-62,459
534,669
736,685
cash and cash equivalents
cash
1,590,035
3,010,214
1,886,916
4,886,190
-1,461,613
1,912,091
886,350
1,331,804
411,442
-1,519,705
270,411
259,122
96,397
286,358
1,163,972
overdraft
change in cash
1,590,035
3,010,214
1,886,916
4,886,190
-1,461,613
1,912,091
886,350
1,331,804
411,442
-1,519,705
270,411
259,122
96,397
286,358
1,163,972
simarco international 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 simarco international limited. Get real-time insights into simarco international limited's credit score, group structure and payment trends.
Perform a competitor analysis for simarco international limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in CM8 area or any other competitors across 12 key performance metrics.
simarco international limited Ownership
SIMARCO INTERNATIONAL LIMITED group structure
Simarco International Limited has 7 subsidiary companies.
The sole shareholder of Simarco International Limited is Simarco Holdings Ltd.
simarco holdings ltd
100%
simarco international limited directors
Simarco International Limited currently has 4 directors.
The longest serving directors include
Mr Simon Reed (May 1997) and
Mr David Knowles (Sep 2010).
52219 - Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
52243 - Cargo handling for land transport activities of division 49
52103 - Operation of warehousing and storage facilities for land transport activities of division 49
task force parcels distribution limited (July 1997)
accountant
-
auditor
ENSORS ACCOUNTANTS LLP
address
simarco house crittall road, witham, essex, CM8 3DR
Bank
HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
simarco international 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 8 charges/mortgages relating to simarco international limited. Currently there are 1 open charges and 7 have been satisfied in the past.
simarco international 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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simarco international limitedCompanies House Filings - See Documents
