s & t cover limited
s & t cover limited Company Information
Company Number
03648413
Next Accounts
Jun 2025
Shareholders
s&t cover holding company ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
railway goods yard, dutton lane, eastleigh, hampshire, SO50 6AA
Website
www.s-tcover.co.uks & t cover limited Estimated Valuation
Pomanda estimates the enterprise value of S & T COVER LIMITED at £2.4m based on a Turnover of £4.1m and 0.6x industry multiple (adjusted for size and gross margin).
s & t cover limited Estimated Valuation
Pomanda estimates the enterprise value of S & T COVER LIMITED at £9m based on an EBITDA of £2.1m and a 4.36x industry multiple (adjusted for size and gross margin).
s & t cover limited Estimated Valuation
Pomanda estimates the enterprise value of S & T COVER LIMITED at £10.1m based on Net Assets of £4.7m and 2.13x industry multiple (adjusted for liquidity).
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S & T Cover Limited Overview
S & T Cover Limited is a live company located in eastleigh, SO50 6AA with a Companies House number of 03648413. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 1998, it's largest shareholder is s&t cover holding company ltd with a 100% stake. S & T Cover Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.1m with healthy growth in recent years.
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S & T Cover Limited Health Check
Pomanda's financial health check has awarded S & T Cover Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £4.1m, make it in line with the average company (£3.9m)
- S & T Cover Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.3%)
- S & T Cover Limited
5.3% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
- S & T Cover Limited
37.9% - Industry AVG
Profitability
an operating margin of 47.8% make it more profitable than the average company (6.1%)
- S & T Cover Limited
6.1% - Industry AVG
Employees
with 14 employees, this is below the industry average (24)
14 - S & T Cover Limited
24 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- S & T Cover Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £291.3k, this is more efficient (£154.6k)
- S & T Cover Limited
£154.6k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (41 days)
- S & T Cover Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (33 days)
- S & T Cover Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- S & T Cover Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (24 weeks)
68 weeks - S & T Cover Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.3%, this is a lower level of debt than the average (61.6%)
47.3% - S & T Cover Limited
61.6% - Industry AVG
S & T COVER LIMITED financials
S & T Cover Limited's latest turnover from September 2023 is estimated at £4.1 million and the company has net assets of £4.7 million. According to their latest financial statements, S & T Cover Limited has 14 employees and maintains cash reserves of £3.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 14 | 11 | 11 | 11 | 11 | 9 | 7 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 340,679 | 235,702 | 262,148 | 308,041 | 325,427 | 242,764 | 226,057 | 212,202 | 186,063 | 119,107 | 124,290 | 137,319 | 106,046 | 60,643 | 69,938 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 340,679 | 235,702 | 262,148 | 308,041 | 325,427 | 242,764 | 226,057 | 212,202 | 186,063 | 119,107 | 124,290 | 137,319 | 106,046 | 60,643 | 69,938 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 658,127 | 352,245 | 411,271 | 367,254 | 264,249 | 775,910 | 354,583 | 1,493,860 | 971,146 | 1,187,185 | 420,075 | 88,935 | 340,868 | 1,085,596 | 769,759 |
| Group Debtors | 1,518,928 | 1,197,181 | 1,000,868 | 385,141 | 353,731 | 323,651 | 289,070 | ||||||||
| Misc Debtors | 2,741,679 | 2,879,361 | 2,946,386 | 3,021,926 | 3,171,232 | 1,055,190 | 755,629 | 9,000 | |||||||
| Cash | 3,712,178 | 1,450,859 | 1,630,181 | 2,578,761 | 1,130,603 | 1,309,839 | 887,784 | 847,751 | 778,498 | 996,799 | 575,294 | 601,787 | 152,614 | 66,458 | 68,991 |
| misc current assets | |||||||||||||||
| total current assets | 8,630,912 | 5,879,646 | 5,988,706 | 6,353,082 | 4,919,815 | 3,464,590 | 2,287,066 | 2,341,611 | 1,749,644 | 2,183,984 | 995,369 | 690,722 | 502,482 | 1,152,054 | 838,750 |
| total assets | 8,971,591 | 6,115,348 | 6,250,854 | 6,661,123 | 5,245,242 | 3,707,354 | 2,513,123 | 2,553,813 | 1,935,707 | 2,303,091 | 1,119,659 | 828,041 | 608,528 | 1,212,697 | 908,688 |
| Bank overdraft | 8,178 | 98,139 | 80,563 | ||||||||||||
| Bank loan | 150,000 | 134,635 | 150,000 | ||||||||||||
| Trade Creditors | 540,104 | 606,272 | 454,945 | 659,460 | 383,837 | 640,563 | 410,157 | 349,599 | 925,330 | 1,325,690 | 958,201 | 690,562 | 428,392 | 276,336 | 310,518 |
| Group/Directors Accounts | 65,350 | 65,350 | 65,350 | 65,350 | 65,434 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,073,157 | 438,578 | 685,667 | 893,033 | 2,467,987 | 618,133 | 420,557 | 683,504 | |||||||
| total current liabilities | 2,828,611 | 1,244,835 | 1,355,962 | 1,617,843 | 2,917,258 | 1,258,696 | 830,714 | 1,033,103 | 925,330 | 1,325,690 | 958,201 | 698,740 | 526,531 | 356,899 | 310,518 |
| loans | 304,167 | 469,531 | 600,000 | 500,000 | 4,678 | 112,994 | |||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,043,051 | 1,153,102 | 1,365,983 | 2,047,551 | 468,688 | ||||||||||
| provisions | 67,321 | 37,949 | 62,199 | 53,258 | 28,831 | 28,697 | 28,697 | 33,382 | 26,784 | 14,595 | 10,792 | 10,989 | 11,399 | ||
| total long term liabilities | 1,414,539 | 1,660,582 | 2,028,182 | 2,600,809 | 497,519 | 28,697 | 28,697 | 33,382 | 26,784 | 14,595 | 10,792 | 10,989 | 16,077 | 112,994 | |
| total liabilities | 4,243,150 | 2,905,417 | 3,384,144 | 4,218,652 | 3,414,777 | 1,287,393 | 859,411 | 1,066,485 | 952,114 | 1,340,285 | 968,993 | 709,729 | 542,608 | 469,893 | 310,518 |
| net assets | 4,728,441 | 3,209,931 | 2,866,710 | 2,442,471 | 1,830,465 | 2,419,961 | 1,653,712 | 1,487,328 | 983,593 | 962,806 | 150,666 | 118,312 | 65,920 | 742,804 | 598,170 |
| total shareholders funds | 4,728,441 | 3,209,931 | 2,866,710 | 2,442,471 | 1,830,465 | 2,419,961 | 1,653,712 | 1,487,328 | 983,593 | 962,806 | 150,666 | 118,312 | 65,920 | 742,804 | 598,170 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 119,676 | 78,568 | 81,268 | 72,103 | 46,200 | 59,044 | 68,853 | 70,735 | 40,453 | 39,967 | 41,696 | 45,773 | 35,348 | 17,427 | 23,312 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 489,947 | 70,262 | 584,204 | -14,891 | 1,634,461 | 755,469 | -94,578 | 522,714 | -216,039 | 767,110 | 331,140 | -260,933 | -735,728 | 315,837 | 769,759 |
| Creditors | -66,168 | 151,327 | -204,515 | 275,623 | -256,726 | 230,406 | 60,558 | -575,731 | -400,360 | 367,489 | 267,639 | 262,170 | 152,056 | -34,182 | 310,518 |
| Accruals and Deferred Income | 1,634,579 | -247,089 | -207,366 | -1,574,954 | 1,849,854 | 197,576 | -262,947 | 683,504 | |||||||
| Deferred Taxes & Provisions | 29,372 | -24,250 | 8,941 | 24,427 | 134 | -4,685 | 6,598 | 12,189 | 3,803 | -197 | -410 | 11,399 | |||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 15,365 | -15,365 | 150,000 | ||||||||||||
| Group/Directors Accounts | -84 | 65,434 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -165,364 | -130,469 | 100,000 | 500,000 | -4,678 | -108,316 | 112,994 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -110,051 | -212,881 | -681,568 | 1,578,863 | 468,688 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 2,261,319 | -179,322 | -948,580 | 1,448,158 | -179,236 | 422,055 | 40,033 | 69,253 | -218,301 | 421,505 | -26,493 | 449,173 | 86,156 | -2,533 | 68,991 |
| overdraft | -8,178 | -89,961 | 17,576 | 80,563 | |||||||||||
| change in cash | 2,261,319 | -179,322 | -948,580 | 1,448,158 | -179,236 | 422,055 | 40,033 | 69,253 | -218,301 | 421,505 | -18,315 | 539,134 | 68,580 | -83,096 | 68,991 |
s & t cover limited Credit Report and Business Information
S & T Cover Limited Competitor Analysis
Perform a competitor analysis for s & t cover limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SO50 area or any other competitors across 12 key performance metrics.
s & t cover limited Ownership
S & T COVER LIMITED group structure
S & T Cover Limited has no subsidiary companies.
Ultimate parent company
1 parent
S & T COVER LIMITED
03648413
s & t cover limited directors
S & T Cover Limited currently has 2 directors. The longest serving directors include Mr Derek Groves (Aug 2009) and Mr Adam Pinfield (Aug 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Groves | 61 years | Aug 2009 | - | Director | |
| Mr Adam Pinfield | 56 years | Aug 2009 | - | Director |
P&L
September 2023turnover
4.1m
+47%
operating profit
1.9m
0%
gross margin
38%
-0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
4.7m
+0.47%
total assets
9m
+0.47%
cash
3.7m
+1.56%
net assets
Total assets minus all liabilities
s & t cover limited company details
company number
03648413
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
rail contracts ltd. (March 2000)
accountant
MENZIES LLP
auditor
-
address
railway goods yard, dutton lane, eastleigh, hampshire, SO50 6AA
Bank
-
Legal Advisor
-
s & t cover 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 2 charges/mortgages relating to s & t cover limited. Currently there are 1 open charges and 1 have been satisfied in the past.
s & t cover 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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s & t cover limited Companies House Filings - See Documents
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