the stepping stone group limited
the stepping stone group limited Company Information
Company Number
03546461
Website
http://tssg.co.ukRegistered Address
lime court, pathfields business park, south molton, devon, EX36 3LH
Industry
Activities of head offices
Development of building projects
Telephone
01208816377
Next Accounts Due
26 days late
Group Structure
View All
Shareholders
john yeates bailey 54.6%
john hale lewin 27.3%
View Allthe stepping stone group limited Estimated Valuation
The estimated valuation range for the stepping stone group limited, derived from financial data as of June 2022 and the most recent industry multiples, is between £1.5m to £5.8m
the stepping stone group limited Estimated Valuation
The estimated valuation range for the stepping stone group limited, derived from financial data as of June 2022 and the most recent industry multiples, is between £1.5m to £5.8m
the stepping stone group limited Estimated Valuation
The estimated valuation range for the stepping stone group limited, derived from financial data as of June 2022 and the most recent industry multiples, is between £1.5m to £5.8m
Get a detailed valuation report, edit figures and unlock valuation multiples.
The Stepping Stone Group Limited AI Business Plan
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The Stepping Stone Group Limited Overview
The Stepping Stone Group Limited is a live company located in south molton, EX36 3LH with a Companies House number of 03546461. It operates in the development of building projects sector, SIC Code 41100. Founded in April 1998, it's largest shareholder is john yeates bailey with a 54.6% stake. The Stepping Stone Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with declining growth in recent years.
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The Stepping Stone Group Limited Health Check
Pomanda's financial health check has awarded The Stepping Stone Group Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£10.1m)
£2.9m - The Stepping Stone Group Limited
£10.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.4%)
-5% - The Stepping Stone Group Limited
1.4% - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (28.5%)
30.5% - The Stepping Stone Group Limited
28.5% - Industry AVG
Profitability
an operating margin of 9.4% make it as profitable than the average company (8.6%)
9.4% - The Stepping Stone Group Limited
8.6% - Industry AVG
Employees
with 84 employees, this is above the industry average (62)
84 - The Stepping Stone Group Limited
62 - Industry AVG
Pay Structure
on an average salary of £16.5k, the company has a lower pay structure (£43.9k)
£16.5k - The Stepping Stone Group Limited
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £34.2k, this is less efficient (£223.1k)
£34.2k - The Stepping Stone Group Limited
£223.1k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (39 days)
2 days - The Stepping Stone Group Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (39 days)
37 days - The Stepping Stone Group Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 530 days, this is more than average (122 days)
530 days - The Stepping Stone Group Limited
122 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - The Stepping Stone Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.7%, this is a higher level of debt than the average (66.3%)
78.7% - The Stepping Stone Group Limited
66.3% - Industry AVG
the stepping stone group limited Credit Report and Business Information
The Stepping Stone Group Limited Competitor Analysis
Perform a competitor analysis for the stepping stone group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the stepping stone group limited Ownership
THE STEPPING STONE GROUP LIMITED group structure
The Stepping Stone Group Limited has 4 subsidiary companies.
Ultimate parent company
THE STEPPING STONE GROUP LIMITED
03546461
4 subsidiaries
the stepping stone group limited directors
The Stepping Stone Group Limited currently has 2 directors. The longest serving directors include Mr John Bailey (Sep 2004) and Mrs Alyson Martin Mbe (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Bailey | England | 67 years | Sep 2004 | - | Director |
| Mrs Alyson Martin Mbe | United Kingdom | 68 years | May 2015 | - | Director |
THE STEPPING STONE GROUP LIMITED financials
The Stepping Stone Group Limited's latest turnover from June 2022 is £2.9 million and the company has net assets of £2.3 million. According to their latest financial statements, The Stepping Stone Group Limited has 84 employees and maintains cash reserves of £55.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,875,396 | 3,669,984 | 3,087,193 | 3,351,918 | 2,214,393 | 2,491,634 | 2,538,274 | 7,223,342 | 2,840,868 | 3,186,312 | 2,981,289 | 3,451,597 | 1,217,718 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,997,817 | 2,869,771 | 2,510,942 | 2,632,053 | 1,089,056 | 1,702,882 | 1,581,279 | 5,246,322 | 1,845,073 | 2,138,124 | 1,850,692 | 2,619,557 | 674,892 |
| Gross Profit | 877,579 | 800,213 | 576,251 | 719,865 | 1,125,337 | 788,752 | 956,995 | 1,977,020 | 995,795 | 1,048,188 | 1,130,597 | 832,040 | 542,826 |
| Admin Expenses | 606,248 | 445,345 | 508,606 | 750,365 | 664,146 | 594,325 | 605,543 | 650,911 | 823,111 | 474,216 | 555,511 | 275,991 | 279,375 |
| Operating Profit | 271,331 | 354,868 | 67,645 | -30,500 | 461,191 | 194,427 | 351,452 | 1,326,109 | 172,684 | 573,972 | 575,086 | 556,049 | 263,451 |
| Interest Payable | 188,644 | 123,449 | 226,638 | 408,161 | 408,036 | 309,161 | 274,132 | 199,244 | 319,458 | 163,214 | 110,039 | 97,390 | 92,758 |
| Interest Receivable | 15,862 | 9,172 | 2 | 1,452 | 6,396 | 8,062 | 6,023 | 2,452 | 102 | 251 | 990 | 228 | 356 |
| Pre-Tax Profit | 92,612 | 240,591 | -71,992 | -437,209 | 59,551 | -106,672 | 83,343 | 1,129,317 | -146,672 | 411,009 | 466,037 | 458,887 | 171,049 |
| Tax | -25,918 | -221,987 | 262,490 | -9,037 | 13,864 | -39,448 | -31,832 | -188,284 | -96,494 | -5,476 | -124,868 | -114,792 | -28,217 |
| Profit After Tax | 66,694 | 18,604 | 190,498 | -446,246 | 73,415 | -146,120 | 51,511 | 941,033 | -243,166 | 405,533 | 341,169 | 344,095 | 142,832 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 79,436 | 71,411 | 226,175 | -388,148 | 45,853 | -81,644 | 59,864 | 941,033 | -243,166 | 405,533 | 341,169 | 344,095 | 142,832 |
| Employee Costs | 1,382,211 | 1,286,106 | 1,143,696 | 1,117,226 | 1,119,876 | 1,030,926 | 993,523 | 948,515 | 1,238,858 | 743,678 | |||
| Number Of Employees | 84 | 82 | 85 | 88 | 87 | 89 | 83 | 77 | 68 | 45 | |||
| EBITDA* | 354,107 | 453,255 | 171,015 | 91,523 | 570,791 | 286,882 | 439,260 | 1,414,428 | 297,745 | 654,421 | 657,362 | 637,725 | 315,667 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,170,355 | 6,163,809 | 6,199,301 | 6,948,839 | 6,968,523 | 6,855,345 | 5,722,318 | 5,707,560 | 5,952,601 | 6,069,544 | 5,377,800 | 5,057,820 | 4,694,324 |
| Intangible Assets | 511,424 | 580,058 | 649,065 | 718,072 | 787,079 | 853,171 | 921,156 | 989,886 | 1,059,920 | 1,163,201 | 1,223,736 | 1,291,721 | 1,359,706 |
| Investments & Other | 871,694 | 864,889 | 817,882 | 670,206 | 106,170 | 72,808 | 8,333 | 0 | 0 | 0 | 864,799 | 864,849 | 864,849 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,005 | 0 | 0 | 0 |
| Total Fixed Assets | 7,553,473 | 7,608,756 | 7,666,248 | 8,337,117 | 7,861,772 | 7,781,324 | 6,651,807 | 6,697,446 | 7,012,521 | 7,292,750 | 7,466,335 | 7,214,390 | 6,918,879 |
| Stock & work in progress | 2,901,162 | 3,038,959 | 3,984,915 | 3,400,820 | 3,059,477 | 2,223,146 | 1,948,495 | 1,435,000 | 4,695,626 | 2,354,949 | 2,446,127 | 998,335 | 1,331,255 |
| Trade Debtors | 18,701 | 17,769 | 9,905 | 346,643 | 20,044 | 23,033 | 56,521 | 102,840 | 93,864 | 73,333 | 501,561 | 736,566 | 22,150 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 280,935 | 851,577 | 818,789 | 209,543 | 457,564 | 299,481 | 479,941 | 259,037 | 236,984 | 227,504 | 56,955 | 48,040 | 263,456 |
| Cash | 55,314 | 46,163 | 93,612 | 566 | 18,763 | 7,483 | 11,940 | 17,135 | 210,085 | 442,159 | 856,345 | 1,049,012 | 239,502 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,256,112 | 3,954,468 | 4,907,221 | 3,957,572 | 3,555,848 | 2,553,143 | 2,496,897 | 1,814,012 | 5,236,559 | 3,097,945 | 3,860,988 | 2,831,953 | 1,856,363 |
| total assets | 10,809,585 | 11,563,224 | 12,573,469 | 12,294,689 | 11,417,620 | 10,334,467 | 9,148,704 | 8,511,458 | 12,249,080 | 10,390,695 | 11,327,323 | 10,046,343 | 8,775,242 |
| Bank overdraft | 1,566,958 | 1,671,363 | 2,539,928 | 55,349 | 0 | 0 | 0 | 0 | 0 | 0 | 692,505 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 185,706 | 168,668 | 432,000 | 293,189 | 410,511 | 2,734,391 | 218,747 | 0 | 0 | 0 |
| Trade Creditors | 203,022 | 120,954 | 330,234 | 663,461 | 196,320 | 261,064 | 313,650 | 264,014 | 269,173 | 250,535 | 354,406 | 226,430 | 94,806 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 16,949 | 237,545 | 109,000 | 0 | 408,625 | 512,456 | 953,013 | 1,286,924 | 1,623,782 |
| other short term finances | 266,813 | 284,343 | 223,344 | 200,000 | 0 | 0 | 0 | 0 | 314,166 | 300,000 | 250,000 | 250,000 | 250,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,996,294 | 1,535,615 | 1,352,776 | 591,152 | 772,052 | 748,496 | 590,010 | 398,275 | 285,926 | 365,227 | 798,697 | 197,633 | 73,975 |
| total current liabilities | 4,033,087 | 3,612,275 | 4,446,282 | 1,695,668 | 1,153,989 | 1,679,105 | 1,305,849 | 1,072,800 | 4,012,281 | 1,646,965 | 3,048,621 | 1,960,987 | 2,042,563 |
| loans | 3,531,335 | 4,787,377 | 5,043,364 | 7,722,259 | 7,011,305 | 5,493,188 | 5,051,511 | 4,722,630 | 4,009,970 | 4,231,866 | 3,272,766 | 3,908,582 | 3,100,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 946,022 | 943,867 | 708,782 | 790,035 | 777,451 | 794,355 | 754,907 | 739,455 | 11,182 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,477,357 | 5,731,244 | 5,752,146 | 8,512,294 | 7,788,756 | 6,287,543 | 5,806,418 | 5,462,085 | 4,021,152 | 4,231,866 | 3,272,766 | 3,908,582 | 3,100,000 |
| total liabilities | 8,510,444 | 9,343,519 | 10,198,428 | 10,207,962 | 8,942,745 | 7,966,648 | 7,112,267 | 6,534,885 | 8,033,433 | 5,878,831 | 6,321,387 | 5,869,569 | 5,142,563 |
| net assets | 2,299,141 | 2,219,705 | 2,375,041 | 2,086,727 | 2,474,875 | 2,367,819 | 2,036,437 | 1,976,573 | 4,215,647 | 4,511,864 | 5,005,936 | 4,176,774 | 3,632,679 |
| total shareholders funds | 2,299,141 | 2,219,705 | 2,375,041 | 2,086,727 | 2,474,875 | 2,367,819 | 2,036,437 | 1,976,573 | 4,215,647 | 4,511,864 | 5,005,936 | 4,176,774 | 3,632,679 |
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 271,331 | 354,868 | 67,645 | -30,500 | 461,191 | 194,427 | 351,452 | 1,326,109 | 172,684 | 573,972 | 575,086 | 556,049 | 263,451 |
| Depreciation | 14,142 | 29,380 | 34,363 | 53,016 | 40,743 | 24,470 | 19,078 | 18,285 | 21,780 | 12,464 | 14,291 | 13,691 | 12,225 |
| Amortisation | 68,634 | 69,007 | 69,007 | 69,007 | 68,857 | 67,985 | 68,730 | 70,034 | 103,281 | 67,985 | 67,985 | 67,985 | 39,991 |
| Tax | -25,918 | -221,987 | 262,490 | -9,037 | 13,864 | -39,448 | -31,832 | -188,284 | -96,494 | -5,476 | -124,868 | -114,792 | -28,217 |
| Stock | -137,797 | -945,956 | 584,095 | 341,343 | 836,331 | 274,651 | 513,495 | -3,260,626 | 4,695,626 | -91,178 | 1,447,792 | -332,920 | 1,331,255 |
| Debtors | -569,710 | 40,652 | 272,508 | 78,578 | 155,094 | -213,948 | 174,585 | 31,029 | 330,848 | -197,674 | -226,090 | 499,000 | 285,606 |
| Creditors | 82,068 | -209,280 | -333,227 | 467,141 | -64,744 | -52,586 | 49,636 | -5,159 | 269,173 | -103,871 | 127,976 | 131,624 | 94,806 |
| Accruals and Deferred Income | 460,679 | 182,839 | 761,624 | -180,900 | 23,556 | 158,486 | 191,735 | 112,349 | 285,926 | -433,470 | 601,064 | 123,658 | 73,975 |
| Deferred Taxes & Provisions | 2,155 | 235,085 | -81,253 | 12,584 | -16,904 | 39,448 | 15,452 | 728,273 | 11,182 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,580,598 | 1,345,216 | -75,954 | -38,610 | -464,862 | 332,079 | -23,829 | 5,291,204 | -4,258,942 | 400,456 | 39,832 | 612,135 | -1,160,630 |
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -160,068 | -744,471 | -33,836 | 230,997 | 42,112 | -748,099 | |||
| Change in Investments | 6,805 | 47,007 | 147,676 | 564,036 | 33,362 | 64,475 | 8,333 | 0 | 0 | -864,799 | -50 | 0 | 864,849 |
| cash flow from investments | -6,805 | -47,007 | -147,676 | -564,036 | -193,430 | -808,946 | -42,169 | 230,997 | 42,112 | 116,700 | |||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | -185,706 | 17,038 | -263,332 | 138,811 | -117,322 | -2,323,880 | 2,734,391 | 218,747 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -16,949 | -220,596 | 128,545 | 109,000 | -408,625 | 408,625 | -440,557 | -333,911 | -336,858 | 1,623,782 |
| Other Short Term Loans | -17,530 | 60,999 | 23,344 | 200,000 | 0 | 0 | 0 | -314,166 | 314,166 | 50,000 | 0 | 0 | 250,000 |
| Long term loans | -1,256,042 | -255,987 | -2,678,895 | 710,954 | 1,518,117 | 441,677 | 328,881 | 712,660 | 4,009,970 | 959,100 | -635,816 | 808,582 | 3,100,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -172,782 | -114,277 | -226,636 | -406,709 | -401,640 | -301,099 | -268,109 | -196,792 | -319,356 | -162,963 | -109,049 | -97,162 | -92,402 |
| cash flow from financing | -1,446,354 | -536,012 | -3,005,754 | 504,334 | 693,752 | 820,960 | 52,450 | -5,710,910 | 11,606,609 | -275,278 | -590,783 | 574,562 | 8,371,227 |
| cash and cash equivalents | |||||||||||||
| cash | 9,151 | -47,449 | 93,046 | -18,197 | 11,280 | -4,457 | -5,195 | -192,950 | 210,085 | -414,186 | -192,667 | 809,510 | 239,502 |
| overdraft | -104,405 | -868,565 | 2,484,579 | 55,349 | 0 | 0 | 0 | 0 | 0 | -692,505 | 692,505 | 0 | 0 |
| change in cash | 113,556 | 821,116 | -2,391,533 | -73,546 | 11,280 | -4,457 | -5,195 | -192,950 | 210,085 | 278,319 | -885,172 | 809,510 | 239,502 |
P&L
June 2022turnover
2.9m
-22%
operating profit
271.3k
-24%
gross margin
30.6%
+39.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
2.3m
+0.04%
total assets
10.8m
-0.07%
cash
55.3k
+0.2%
net assets
Total assets minus all liabilities
Similar Companies
the stepping stone group limited company details
company number
03546461
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
41100 - Development of building projects
incorporation date
April 1998
age
26
accounts
Group
ultimate parent company
previous names
the stepping stone group (services) limited (October 2007)
the stepping stone group limited (November 2005)
incorporated
UK
address
lime court, pathfields business park, south molton, devon, EX36 3LH
last accounts submitted
June 2022
the stepping stone group 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 the stepping stone group limited. Currently there are 2 open charges and 6 have been satisfied in the past.
the stepping stone group limited Companies House Filings - See Documents
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