Ideal Skip Hire (southern) Ltd

POWER SEARCH PRICING

SOLUTIONS

ideal skip hire (southern) ltd Company Information

Live

MatureMicroDeclining

Company Number

03375893

Website

www.idealskiphire.co.uk

Registered Address

22 ringwood road, ferndown, BH22 9AN

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Telephone

01929422980

Next Accounts Due

April 2025

Group Structure

View All

Directors

Timothy Ankers1 Years

Ben Rawlings1 Years

View All

Shareholders

the waste group ltd 100%

ideal skip hire (southern) ltd Estimated Valuation

£318.8k

Pomanda estimates the enterprise value of IDEAL SKIP HIRE (SOUTHERN) LTD at £318.8k based on a Turnover of £456.8k and 0.7x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Ideal Skip Hire (southern) Ltd is a live company located in ferndown, BH22 9AN with a Companies House number of 03375893. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in May 1997, it's largest shareholder is the waste group ltd with a 100% stake. Ideal Skip Hire (southern) Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £456.8k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ideal Skip Hire (Southern) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

1 Strong

2 Regular

9 Weak

Size

annual sales of £456.8k, make it smaller than the average company (£10.4m)

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.2%)

EXPORT

Ideal Skip Hire (Southern) Ltd's latest turnover from July 2023 is estimated at £456.8 thousand and the company has net assets of -£15 thousand. According to their latest financial statements, Ideal Skip Hire (Southern) Ltd has 6 employees and maintains cash reserves of £5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jul 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	456,781	539,117	683,562	739,445	618,760	511,493	604,508	341,918	454,063	459,774	334,339	313,562	334,950	430,166
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	244,889	295,172	395,709	426,875	347,839	284,833	348,776	207,180	264,558	269,736	195,177	174,170	183,479	235,188
Gross Profit	211,892	243,946	287,853	312,570	270,921	226,659	255,732	134,738	189,505	190,037	139,162	139,392	151,471	194,977
Admin Expenses	225,636	202,333	251,879	294,319	270,048	248,991	241,643	113,585	226,467	207,824	171,042	130,611	160,780	177,896
Operating Profit	-13,744	41,613	35,974	18,251	873	-22,332	14,089	21,153	-36,962	-17,787	-31,880	8,781	-9,309	17,081
Interest Payable	801	1,400	2,766	2,006	1,073	1,173	1,302	723	0	0	0	0	0	0
Interest Receivable	587	124	24	21	15	24	19	38	23	25	18	12	21	12
Pre-Tax Profit	-13,958	40,337	33,232	16,265	-185	-23,482	12,807	20,468	-36,939	-17,762	-31,862	8,793	-9,288	17,093
Tax	0	-7,664	-6,314	-3,090	0	0	-2,433	-4,093	0	0	0	-2,110	0	-4,786
Profit After Tax	-13,958	32,673	26,918	13,175	-185	-23,482	10,374	16,374	-36,939	-17,762	-31,862	6,683	-9,288	12,307
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-13,958	32,673	26,918	13,175	-185	-23,482	10,374	16,374	-36,939	-17,762	-31,862	6,683	-9,288	12,307
Employee Costs	268,286	259,319	313,323	391,780	269,571	187,790	252,765	107,086	110,162	110,201	69,268	103,047	103,354	128,988
Number Of Employees	6	6	8	10	7	5	7	3	3	3	2	3	3	4
EBITDA*	-189	54,344	50,437	35,633	21,055	825	38,441	46,124	-8,277	-4,103	-16,589	20,748	5,493	33,301

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jul 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	62,298	68,071	74,765	87,728	93,970	101,039	109,090	102,806	112,530	68,027	67,852	60,953	73,054	82,356
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	587	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	62,885	68,071	74,765	87,728	93,970	101,039	109,090	102,806	112,530	68,027	67,852	60,953	73,054	82,356
Stock & work in progress	24,000	24,000	28,000	28,000	28,000	28,000	25,000	25,000	11,000	5,000	5,000	8,000	12,550	12,550
Trade Debtors	16,654	58,401	77,974	32,438	59,072	70,681	73,686	63,453	63,498	80,220	56,116	55,282	52,367	71,870
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	10,359	14,159	14,257	20,819	12,910	11,605	11,879	4,348	0	0	0	0	0	0
Cash	5,049	18,411	6,411	41,031	561	3,558	5,849	9,705	5,382	3,921	6,154	1,206	3,581	4,852
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	56,062	114,971	126,642	122,288	100,543	113,844	116,414	102,506	79,880	89,141	67,270	64,488	68,498	89,272
total assets	118,947	183,042	201,407	210,016	194,513	214,883	225,504	205,312	192,410	157,168	135,122	125,441	141,552	171,628
Bank overdraft	0	0	40,000	43,000	4,137	2,475	2,475	2,930	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	28,905	40,106	45,504	97,903	101,163	88,770	79,265	60,187	186,066	158,349	113,489	103,930	116,963	131,637
Group/Directors Accounts	64,867	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	3,424	12,930	12,072	11,405	0	0	0	0	0	0
other current liabilities	25,570	138,081	144,024	115,906	138,391	156,873	138,270	136,014	0	0	0	0	0	0
total current liabilities	119,342	178,187	229,528	256,809	247,115	261,048	232,082	210,536	186,066	158,349	113,489	103,930	116,963	131,637
loans	14,557	0	0	7,684	10,963	14,226	16,921	19,322	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	3,328	16,258	28,234	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	61,204	26,475	32,276	2,127	10,035	27,664
provisions	0	5,849	5,546	6,108	10,195	9,856	10,336	7,687	21,981	12,246	11,497	9,662	11,515	0
total long term liabilities	14,557	5,849	5,546	13,792	21,158	27,410	43,515	55,243	83,185	38,721	43,773	11,789	21,550	27,664
total liabilities	133,899	184,036	235,074	270,601	268,273	288,458	275,597	265,779	269,251	197,070	157,262	115,719	138,513	159,301
net assets	-14,952	-994	-33,667	-60,585	-73,760	-73,575	-50,093	-60,467	-76,841	-39,902	-22,140	9,722	3,039	12,327
total shareholders funds	-14,952	-994	-33,667	-60,585	-73,760	-73,575	-50,093	-60,467	-76,841	-39,902	-22,140	9,722	3,039	12,327

	Jul 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	-13,744	41,613	35,974	18,251	873	-22,332	14,089	21,153	-36,962	-17,787	-31,880	8,781	-9,309	17,081
Depreciation	13,555	12,731	14,463	17,382	20,182	23,157	24,352	24,971	28,685	13,684	15,291	11,967	14,802	16,220
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-7,664	-6,314	-3,090	0	0	-2,433	-4,093	0	0	0	-2,110	0	-4,786
Stock	0	-4,000	0	0	0	3,000	0	14,000	6,000	0	-3,000	-4,550	0	12,550
Debtors	-44,960	-19,671	38,974	-18,725	-10,304	-3,279	17,764	4,303	-16,722	24,104	834	2,915	-19,503	71,870
Creditors	-11,201	-5,398	-52,399	-3,260	12,393	9,505	19,078	-125,879	27,717	44,860	9,559	-13,033	-14,674	131,637
Accruals and Deferred Income	-112,511	-5,943	28,118	-22,485	-18,482	18,603	2,256	136,014	0	0	0	0	0	0
Deferred Taxes & Provisions	-5,849	303	-562	-4,087	339	-480	2,649	-14,294	9,735	749	1,835	-1,853	11,515	0
Cash flow from operations	-84,790	59,313	-19,694	21,436	25,609	28,732	42,227	19,569	39,897	17,402	-3,029	5,387	21,837	75,732
Investing Activities
capital expenditure	-7,782	-6,037	-1,500	-11,140	-13,113	-15,106	-30,636	-15,247	-73,188	-13,859	-22,190	134	-5,500	-98,576
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-7,782	-6,037	-1,500	-11,140	-13,113	-15,106	-30,636	-15,247	-73,188	-13,859	-22,190	134	-5,500	-98,576
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	64,867	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	14,557	0	-7,684	-3,279	-3,263	-2,695	-2,401	19,322	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	-3,424	-12,834	-12,072	-11,309	39,639	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-61,204	34,729	-5,801	30,149	-7,908	-17,629	27,664
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	20
interest	-214	-1,276	-2,742	-1,985	-1,058	-1,149	-1,283	-685	23	25	18	12	21	12
cash flow from financing	79,210	-1,276	-10,426	-8,688	-17,155	-15,916	-14,993	-2,928	34,752	-5,776	30,167	-7,896	-17,608	27,696
cash and cash equivalents
cash	-13,362	12,000	-34,620	40,470	-2,997	-2,291	-3,856	4,323	1,461	-2,233	4,948	-2,375	-1,271	4,852
overdraft	0	-40,000	-3,000	38,863	1,662	0	-455	2,930	0	0	0	0	0	0
change in cash	-13,362	52,000	-31,620	1,607	-4,659	-2,291	-3,401	1,393	1,461	-2,233	4,948	-2,375	-1,271	4,852

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ideal skip hire (southern) ltd. Get real-time insights into ideal skip hire (southern) ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for ideal skip hire (southern) ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in BH22 area or any other competitors across 12 key performance metrics.

IDEAL SKIP HIRE (SOUTHERN) LTD group structure

Ideal Skip Hire (Southern) Ltd has no subsidiary companies.

Ultimate parent company

HINES PITT LLP

OC387279

THE WASTE GROUP LTD

08520953

2 parents

IDEAL SKIP HIRE (SOUTHERN) LTD

03375893

IDEAL SKIP HIRE (SOUTHERN) LTD Shareholders

the waste group ltd

100%

Ideal Skip Hire (Southern) Ltd currently has 5 directors. The longest serving directors include Mr Timothy Ankers (Jul 2023) and Mr Ben Rawlings (Jul 2023).

officer	country	age	start	end	role
Mr Timothy Ankers	England	43 years	Jul 2023	-	Director
Mr Ben Rawlings	England	48 years	Jul 2023	-	Director
Mr Jonathan Ankers	England	44 years	Jul 2023	-	Director
Mr Scott Rawlings		49 years	Jul 2023	-	Director
Mr David Grady	England	59 years	Jul 2023	-	Director

P&L

July 2023

turnover

456.8k

-15%

operating profit

-13.7k

gross margin

46.4%

+2.52%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2023

net assets

-15k

+14.04%

total assets

118.9k

-0.35%

cash

-0.73%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

b & b marquee hire limited

nph hire ,n, sales limited

3.5

taunton trailers limited

henley theatre services limited

active watercoolers ltd

2.5

company number

03375893

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

May 1997

accounts

Total Exemption Full

ultimate parent company

HINES PITT LLP

previous names

N/A

last accounts submitted

July 2023

address

22 ringwood road, ferndown, BH22 9AN

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 ideal skip hire (southern) ltd.

ideal skip hire (southern) ltd Company Information

ideal skip hire (southern) ltd Estimated Valuation

ideal skip hire (southern) ltd Estimated Valuation

ideal skip hire (southern) ltd Estimated Valuation

Ideal Skip Hire (southern) Ltd Overview

Ideal Skip Hire (southern) Ltd Health Check

IDEAL SKIP HIRE (SOUTHERN) LTD financials

ideal skip hire (southern) ltd Credit Report and Business Information

Ideal Skip Hire (southern) Ltd Competitor Analysis

ideal skip hire (southern) ltd Ownership

ideal skip hire (southern) ltd directors

ideal skip hire (southern) ltd company details

ideal skip hire (southern) ltd Charges & Mortgages

ideal skip hire (southern) ltd Companies House Filings - See Documents