Pomanda estimates the enterprise value of SOLENT (UK) LIMITED at £2.7m based on a Turnover of £6.3m and 0.43x industry multiple (adjusted for size and gross margin).
solent (uk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SOLENT (UK) LIMITED at £0 based on an EBITDA of £-55.3k and a 4.32x industry multiple (adjusted for size and gross margin).
solent (uk) limitedEstimated Valuation
£7.5m
Pomanda estimates the enterprise value of SOLENT (UK) LIMITED at £7.5m based on Net Assets of £3.4m and 2.24x industry multiple (adjusted for liquidity).
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Solent (uk) LimitedOverview
Solent (uk) Limited is a live company located in hampshire, PO16 7BB with a Companies House number of 03713348. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in February 1999, it's largest shareholder is
peter john nisbet
with a 53.9% stake. Solent (uk) Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Solent (Uk) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£16.5m)
£6.3m - Solent (uk) Limited
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (10.2%)
7% - Solent (uk) Limited
10.2% - Industry AVG
Production
with a gross margin of 28.9%, this company has a comparable cost of product (28.9%)
28.9% - Solent (uk) Limited
28.9% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (5%)
-1.3% - Solent (uk) Limited
5% - Industry AVG
Employees
with 21 employees, this is below the industry average (41)
21 - Solent (uk) Limited
41 - Industry AVG
Pay Structure
on an average salary of £53.4k, the company has an equivalent pay structure (£53.4k)
£53.4k - Solent (uk) Limited
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £298.7k, this is less efficient (£366.8k)
£298.7k - Solent (uk) Limited
£366.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (62 days)
39 days - Solent (uk) Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (34 days)
45 days - Solent (uk) Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 238 days, this is more than average (70 days)
238 days - Solent (uk) Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 29 weeks, this is more cash available to meet short term requirements (14 weeks)
29 weeks - Solent (uk) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.2%, this is a lower level of debt than the average (54.9%)
21.2% - Solent (uk) Limited
54.9% - Industry AVG
SOLENT (UK) LIMITED financials
EXPORT
Solent (Uk) Limited's latest turnover from April 2024 is estimated at £6.3 million and the company has net assets of £3.4 million. According to their latest financial statements, Solent (Uk) Limited has 21 employees and maintains cash reserves of £500.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
6,272,189
6,776,505
6,391,283
5,095,290
4,740,608
5,362,238
5,427,998
4,978,308
4,671,331
5,788,958
4,809,945
4,750,970
4,266,802
3,879,775
3,422,196
Other Income Or Grants
Cost Of Sales
4,459,805
4,832,161
4,606,209
3,674,740
3,435,431
3,848,461
3,934,449
3,553,796
3,302,680
4,088,819
3,368,146
3,302,439
3,040,175
2,754,038
2,408,207
Gross Profit
1,812,383
1,944,344
1,785,073
1,420,549
1,305,177
1,513,777
1,493,549
1,424,512
1,368,651
1,700,139
1,441,799
1,448,531
1,226,627
1,125,737
1,013,989
Admin Expenses
1,897,334
1,712,389
1,114,317
923,393
1,204,285
1,334,513
1,330,597
1,268,645
1,105,352
1,519,417
1,186,865
1,125,594
938,158
794,803
243,747
Operating Profit
-84,951
231,955
670,756
497,156
100,892
179,264
162,952
155,867
263,299
180,722
254,934
322,937
288,469
330,934
770,242
Interest Payable
6,377
6,815
3,135
1,535
41
710
2,500
5,751
4,133
Interest Receivable
13,154
9,243
7,368
829
73
189
917
1,184
2,238
1,229
1,175
722
67
402
402
Pre-Tax Profit
-78,174
234,383
674,989
496,449
100,925
178,743
161,369
151,300
261,404
181,951
256,109
323,660
288,537
331,336
770,644
Tax
-58,596
-128,248
-94,325
-19,176
-33,961
-30,660
-28,747
-52,281
-36,390
-53,783
-74,442
-69,249
-86,147
-215,780
Profit After Tax
-78,174
175,787
546,741
402,124
81,749
144,782
130,709
122,553
209,123
145,561
202,326
249,218
219,288
245,189
554,864
Dividends Paid
Retained Profit
-78,174
175,787
546,741
402,124
81,749
144,782
130,709
122,553
209,123
145,561
202,326
249,218
219,288
245,189
554,864
Employee Costs
1,120,782
1,084,148
1,095,228
973,858
976,647
958,238
923,144
717,187
756,304
792,172
702,168
718,664
618,535
618,054
591,000
Number Of Employees
21
22
23
21
21
21
21
18
19
20
18
19
17
17
17
EBITDA*
-55,274
263,940
723,860
546,277
137,227
212,449
196,765
193,489
309,775
227,748
294,141
358,270
299,853
346,525
780,602
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
89,000
95,927
159,182
147,192
108,873
99,368
101,269
112,759
139,337
140,973
117,549
105,968
89,235
44,090
29,703
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
89,000
95,927
159,182
147,192
108,873
99,368
101,269
112,759
139,337
140,973
117,549
105,968
89,235
44,090
29,703
Stock & work in progress
2,912,092
3,352,755
2,528,107
1,164,826
1,915,512
1,882,166
1,718,027
1,499,647
1,146,479
1,338,329
1,222,231
1,078,867
994,351
1,175,433
585,936
Trade Debtors
683,000
875,404
884,751
827,873
552,041
846,938
933,408
931,912
895,249
913,628
795,051
755,120
692,990
391,120
594,408
Group Debtors
Misc Debtors
70,206
133,804
180,485
160,925
136,261
165,266
178,152
44,544
43,241
11,710
86,354
189,173
Cash
500,400
717
434,260
1,530,595
127,293
19,265
31,085
335,618
611,473
283,730
207,823
261,975
26,988
3
160,804
misc current assets
total current assets
4,165,698
4,362,680
4,027,603
3,684,219
2,731,107
2,913,635
2,860,672
2,811,721
2,696,442
2,535,687
2,225,105
2,107,672
1,800,683
1,755,729
1,341,148
total assets
4,254,698
4,458,607
4,186,785
3,831,411
2,839,980
3,013,003
2,961,941
2,924,480
2,835,779
2,676,660
2,342,654
2,213,640
1,889,918
1,799,819
1,370,851
Bank overdraft
332
996
20,039
56,871
127,169
Bank loan
10,181
66,820
9,686
Trade Creditors
559,535
486,243
702,909
661,063
299,580
443,048
542,277
499,310
412,948
1,037,946
848,429
925,435
850,825
992,392
812,356
Group/Directors Accounts
21,357
other short term finances
hp & lease commitments
other current liabilities
313,262
440,435
166,310
395,575
215,796
328,855
304,691
402,825
426,379
total current liabilities
882,978
993,498
878,905
1,056,638
515,708
772,899
867,007
959,006
987,853
1,037,946
848,429
925,435
850,825
992,392
812,356
loans
13,092
23,273
33,204
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
5,768
10,802
19,429
16,267
17,890
15,471
15,083
16,352
21,357
21,268
22,340
18,646
18,752
6,374
2,631
total long term liabilities
18,860
34,075
52,633
66,267
17,890
15,471
15,083
16,352
21,357
21,268
22,340
18,646
18,752
6,374
2,631
total liabilities
901,838
1,027,573
931,538
1,122,905
533,598
788,370
882,090
975,358
1,009,210
1,059,214
870,769
944,081
869,577
998,766
814,987
net assets
3,352,860
3,431,034
3,255,247
2,708,506
2,306,382
2,224,633
2,079,851
1,949,122
1,826,569
1,617,446
1,471,885
1,269,559
1,020,341
801,053
555,864
total shareholders funds
3,352,860
3,431,034
3,255,247
2,708,506
2,306,382
2,224,633
2,079,851
1,949,122
1,826,569
1,617,446
1,471,885
1,269,559
1,020,341
801,053
555,864
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-84,951
231,955
670,756
497,156
100,892
179,264
162,952
155,867
263,299
180,722
254,934
322,937
288,469
330,934
770,242
Depreciation
29,677
31,985
53,104
49,121
36,335
33,185
33,813
37,622
46,476
47,026
39,207
35,333
11,384
15,591
10,360
Amortisation
Tax
-58,596
-128,248
-94,325
-19,176
-33,961
-30,660
-28,747
-52,281
-36,390
-53,783
-74,442
-69,249
-86,147
-215,780
Stock
-440,663
824,648
1,363,281
-750,686
33,346
164,139
218,380
353,168
-191,850
116,098
143,364
84,516
-181,082
589,497
585,936
Debtors
-256,002
-56,028
76,438
300,496
-323,902
-99,356
135,104
37,966
24,862
118,577
28,221
-12,514
199,051
-14,115
594,408
Creditors
73,292
-216,666
41,846
361,483
-143,468
-99,229
42,967
86,362
-624,998
189,517
-77,006
74,610
-141,567
180,036
812,356
Accruals and Deferred Income
-127,173
274,125
-229,265
179,779
-113,059
24,164
-98,134
-23,554
426,379
Deferred Taxes & Provisions
-5,034
-8,627
3,162
-1,623
2,419
388
-1,269
-5,005
89
-1,072
3,694
-106
12,378
3,743
2,631
Cash flow from operations
582,476
-514,444
-1,028,364
1,441,781
154,499
39,028
-243,815
-168,589
225,952
145,128
-4,539
286,330
83,446
-131,225
199,465
Investing Activities
capital expenditure
-22,750
31,270
-65,094
-87,440
-45,840
-31,284
-22,323
-11,044
-44,840
-70,450
-50,788
-52,066
-56,529
-29,978
-40,063
Change in Investments
cash flow from investments
-22,750
31,270
-65,094
-87,440
-45,840
-31,284
-22,323
-11,044
-44,840
-70,450
-50,788
-52,066
-56,529
-29,978
-40,063
Financing Activities
Bank loans
-56,639
57,134
9,686
Group/Directors Accounts
-21,357
21,357
Other Short Term Loans
Long term loans
-10,181
-9,931
-16,796
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
20
1,000
interest
6,777
2,428
4,233
-706
32
-521
-1,583
-4,567
-1,895
1,229
1,175
722
67
402
402
cash flow from financing
-60,043
49,631
-2,877
49,294
32
-521
-1,563
-25,924
19,462
1,229
1,175
722
67
402
1,402
cash and cash equivalents
cash
499,683
-433,543
-1,096,335
1,403,302
108,028
-11,820
-304,533
-275,855
327,743
75,907
-54,152
234,987
26,985
-160,801
160,804
overdraft
-332
-664
-19,043
-36,832
-70,298
127,169
change in cash
499,683
-433,543
-1,096,335
1,403,634
108,692
7,223
-267,701
-205,557
200,574
75,907
-54,152
234,987
26,985
-160,801
160,804
solent (uk) 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 solent (uk) limited. Get real-time insights into solent (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for solent (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in PO16 area or any other competitors across 12 key performance metrics.
solent (uk) limited Ownership
SOLENT (UK) LIMITED group structure
Solent (Uk) Limited has no subsidiary companies.
Ultimate parent company
SOLENT (UK) LIMITED
03713348
SOLENT (UK) LIMITED Shareholders
The largest shareholders in Solent (Uk) Limited include Peter John Nisbet and Catriona Nisbet.
peter john nisbet
53.92%
catriona nisbet
44.12%
phoebe nisbet
0.98%
jack nisbet
0.98%
solent (uk) limited directors
Solent (Uk) Limited currently has 2 directors.
The longest serving directors include
Mr Peter Nisbet (Feb 1999) and
Mrs Catriona Nisbet (Feb 1999).
46690 - Wholesale of other machinery and equipment
incorporation date
February 1999
age
26
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
kintyre house 70 high street, fareham, hampshire, PO16 7BB
Bank
-
Legal Advisor
-
solent (uk) 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 3 charges/mortgages relating to solent (uk) limited. Currently there are 2 open charges and 1 have been satisfied in the past.
solent (uk) 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.
Click to start generating capital raising & share issue transactions for SOLENT (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
solent (uk) limitedCompanies House Filings - See Documents
