smartway pw. ltd
smartway pw. ltd Company Information
Company Number
03353118
Website
-Registered Address
park view house 58 the ropewalk, nottingham, NG1 5DW
Industry
Wholesale of pharmaceutical goods
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Kirti Patel26 Years
Shareholders
smartway pw holdings ltd 100%
smartway pw. ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTWAY PW. LTD at £264.2m based on a Turnover of £344.6m and 0.77x industry multiple (adjusted for size and gross margin).
smartway pw. ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTWAY PW. LTD at £41.5m based on an EBITDA of £7.8m and a 5.31x industry multiple (adjusted for size and gross margin).
smartway pw. ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTWAY PW. LTD at £57.1m based on Net Assets of £28.1m and 2.03x industry multiple (adjusted for liquidity).
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Smartway Pw. Ltd Overview
Smartway Pw. Ltd is a dissolved company that was located in nottingham, NG1 5DW with a Companies House number of 03353118. It operated in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in April 1997, it's largest shareholder was smartway pw holdings ltd with a 100% stake. The last turnover for Smartway Pw. Ltd was estimated at £344.6m.
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Smartway Pw. Ltd Health Check
Pomanda's financial health check has awarded Smartway Pw. Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £344.6m, make it larger than the average company (£18.1m)
£344.6m - Smartway Pw. Ltd
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (3.2%)
13% - Smartway Pw. Ltd
3.2% - Industry AVG
Production
with a gross margin of 3.4%, this company has a higher cost of product (26.2%)
3.4% - Smartway Pw. Ltd
26.2% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (4.5%)
2.3% - Smartway Pw. Ltd
4.5% - Industry AVG
Employees
with 46 employees, this is similar to the industry average (41)
46 - Smartway Pw. Ltd
41 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£41.6k)
£37.3k - Smartway Pw. Ltd
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £7.5m, this is more efficient (£486.8k)
£7.5m - Smartway Pw. Ltd
£486.8k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (56 days)
27 days - Smartway Pw. Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (30 days)
10 days - Smartway Pw. Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Smartway Pw. Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (8 weeks)
32 weeks - Smartway Pw. Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.4%, this is a lower level of debt than the average (59.6%)
27.4% - Smartway Pw. Ltd
59.6% - Industry AVG
SMARTWAY PW. LTD financials
Smartway Pw. Ltd's latest turnover from February 2014 is £344.6 million and the company has net assets of £28.1 million. According to their latest financial statements, Smartway Pw. Ltd has 46 employees and maintains cash reserves of £6.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2014 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|
| Turnover | 344,632,065 | 247,429,967 | 238,420,478 | 168,159,991 | 66,124,467 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 332,953,456 | 238,016,559 | 225,784,757 | 154,953,922 | |
| Gross Profit | 11,678,609 | 9,413,408 | 12,635,721 | 13,206,069 | |
| Admin Expenses | 3,847,197 | 1,466,875 | 2,279,630 | 3,454,877 | |
| Operating Profit | 7,831,412 | 7,946,533 | 10,356,091 | 9,751,192 | 1,999,322 |
| Interest Payable | 68 | 0 | 0 | 0 | 0 |
| Interest Receivable | 447,598 | 70,304 | 0 | 3 | 6,564 |
| Pre-Tax Profit | 8,278,942 | 8,016,837 | 10,356,091 | 9,751,195 | 2,005,886 |
| Tax | -658,751 | -127,502 | -45,064 | 550,287 | -556,942 |
| Profit After Tax | 7,620,191 | 7,889,335 | 10,311,027 | 10,301,482 | 1,448,944 |
| Dividends Paid | 10,016,971 | 0 | 70,000 | 0 | 0 |
| Retained Profit | -2,396,780 | 7,889,335 | 10,241,027 | 10,301,482 | 1,448,944 |
| Employee Costs | 1,716,191 | 1,102,572 | 1,221,093 | 915,351 | 2,978,720 |
| Number Of Employees | 46 | 47 | 44 | 29 | 10 |
| EBITDA* | 7,831,412 | 7,958,002 | 10,361,557 | 9,756,434 | 2,001,409 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2014 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 43,733 | 49,589 | 24,815 | 26,915 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,713,922 | 3,510,950 | 2,877,450 | 0 | 375,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,713,922 | 3,554,683 | 2,927,039 | 24,815 | 401,915 |
| Stock & work in progress | 0 | 2,137,837 | 3,255,989 | 3,382,083 | 959,882 |
| Trade Debtors | 26,141,984 | 14,194,215 | 16,112,365 | 7,056,199 | 9,217,639 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,115,798 | 5,919,266 | 6,601,716 | 7,534,370 | 1,414,030 |
| Cash | 6,694,205 | 13,714,718 | 4,769,791 | 407,017 | 174,169 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 34,951,987 | 35,966,036 | 30,739,861 | 18,379,669 | 11,765,720 |
| total assets | 38,665,909 | 39,520,719 | 33,666,900 | 18,404,484 | 12,167,635 |
| Bank overdraft | 0 | 0 | 0 | 0 | 236,928 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,604,394 | 8,851,524 | 10,298,778 | 3,984,371 | 3,765,494 |
| Group/Directors Accounts | 0 | 23,217 | 33,053 | 4,451 | 18,085 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 997,970 | 185,653 | 764,079 | 2,085,699 | 6,118,647 |
| total current liabilities | 10,602,364 | 9,060,394 | 11,095,910 | 6,074,521 | 10,139,154 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 10,602,364 | 9,060,394 | 11,095,910 | 6,074,521 | 10,139,154 |
| net assets | 28,063,545 | 30,460,325 | 22,570,990 | 12,329,963 | 2,028,481 |
| total shareholders funds | 28,063,545 | 30,460,325 | 22,570,990 | 12,329,963 | 2,028,481 |
| Feb 2014 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 7,831,412 | 7,946,533 | 10,356,091 | 9,751,192 | 1,999,322 |
| Depreciation | 0 | 11,469 | 5,466 | 5,242 | 2,087 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -658,751 | -127,502 | -45,064 | 550,287 | -556,942 |
| Stock | 0 | -1,118,152 | -126,094 | 2,422,201 | 959,882 |
| Debtors | 28,257,782 | -2,600,600 | 8,123,512 | 3,958,900 | 10,631,669 |
| Creditors | 9,604,394 | -1,447,254 | 6,314,407 | 218,877 | 3,765,494 |
| Accruals and Deferred Income | 997,970 | -578,426 | -1,321,620 | -4,032,948 | 6,118,647 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -10,482,757 | 9,523,572 | 7,311,862 | 111,549 | -262,943 |
| Investing Activities | |||||
| capital expenditure | -639,113 | -679,240 | -1,856,592 | -402,966 | |
| Change in Investments | 3,713,922 | 633,500 | 2,877,450 | -375,000 | 375,000 |
| cash flow from investments | -1,272,613 | -3,556,690 | -1,481,592 | -777,966 | |
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -9,836 | 28,602 | -13,634 | 18,085 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 447,530 | 70,304 | 0 | 3 | 6,564 |
| cash flow from financing | 30,907,855 | 60,468 | 28,602 | -13,631 | 604,186 |
| cash and cash equivalents | |||||
| cash | 6,694,205 | 8,944,927 | 4,362,774 | 232,848 | 174,169 |
| overdraft | 0 | 0 | 0 | -236,928 | 236,928 |
| change in cash | 6,694,205 | 8,944,927 | 4,362,774 | 469,776 | -62,759 |
smartway pw. ltd Credit Report and Business Information
Smartway Pw. Ltd Competitor Analysis
Perform a competitor analysis for smartway pw. ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in NG1 area or any other competitors across 12 key performance metrics.
smartway pw. ltd Ownership
SMARTWAY PW. LTD group structure
Smartway Pw. Ltd has no subsidiary companies.
smartway pw. ltd directors
Smartway Pw. Ltd currently has 1 director, Mrs Kirti Patel serving since Apr 1998.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kirti Patel | United Kingdom | 56 years | Apr 1998 | - | Director |
P&L
February 2014turnover
344.6m
0%
operating profit
7.8m
0%
gross margin
3.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2014net assets
28.1m
0%
total assets
38.7m
0%
cash
6.7m
0%
net assets
Total assets minus all liabilities
smartway pw. ltd company details
company number
03353118
Type
Private limited with Share Capital
industry
46460 - Wholesale of pharmaceutical goods
incorporation date
April 1997
age
27
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
smartway wholesalers limited (August 2004)
high noon consulting limited (December 2002)
last accounts submitted
February 2014
address
park view house 58 the ropewalk, nottingham, NG1 5DW
accountant
-
auditor
-
smartway pw. ltd 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 did not find charges/mortgages relating to smartway pw. ltd.
smartway pw. ltd Companies House Filings - See Documents
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