swift roofing services limited Company Information
Company Number
03715035
Registered Address
cornerways lichfield road, burntwood, staffordshire, WS7 0HP
Industry
Roofing activities
Telephone
01543679571
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
j & d holdings (midlands) ltd 90%
thomas deeley 5%
View Allswift roofing services limited Estimated Valuation
Pomanda estimates the enterprise value of SWIFT ROOFING SERVICES LIMITED at £2.3m based on a Turnover of £5.6m and 0.42x industry multiple (adjusted for size and gross margin).
swift roofing services limited Estimated Valuation
Pomanda estimates the enterprise value of SWIFT ROOFING SERVICES LIMITED at £0 based on an EBITDA of £-17.5k and a 3.24x industry multiple (adjusted for size and gross margin).
swift roofing services limited Estimated Valuation
Pomanda estimates the enterprise value of SWIFT ROOFING SERVICES LIMITED at £2.7m based on Net Assets of £1m and 2.6x industry multiple (adjusted for liquidity).
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Swift Roofing Services Limited Overview
Swift Roofing Services Limited is a live company located in staffordshire, WS7 0HP with a Companies House number of 03715035. It operates in the roofing activities sector, SIC Code 43910. Founded in February 1999, it's largest shareholder is j & d holdings (midlands) ltd with a 90% stake. Swift Roofing Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.6m with high growth in recent years.
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Swift Roofing Services Limited Health Check
Pomanda's financial health check has awarded Swift Roofing Services Limited 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 £5.6m, make it larger than the average company (£634.7k)
- Swift Roofing Services Limited
£634.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.8%)
- Swift Roofing Services Limited
6.8% - Industry AVG
Production
with a gross margin of 19.6%, this company has a higher cost of product (26.6%)
- Swift Roofing Services Limited
26.6% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (8.3%)
- Swift Roofing Services Limited
8.3% - Industry AVG
Employees
with 13 employees, this is above the industry average (5)
13 - Swift Roofing Services Limited
5 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Swift Roofing Services Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £427.6k, this is more efficient (£191.2k)
- Swift Roofing Services Limited
£191.2k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (53 days)
- Swift Roofing Services Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (44 days)
- Swift Roofing Services Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Swift Roofing Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (19 weeks)
19 weeks - Swift Roofing Services Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.2%, this is a lower level of debt than the average (63.4%)
55.2% - Swift Roofing Services Limited
63.4% - Industry AVG
SWIFT ROOFING SERVICES LIMITED financials
Swift Roofing Services Limited's latest turnover from March 2023 is estimated at £5.6 million and the company has net assets of £1 million. According to their latest financial statements, Swift Roofing Services Limited has 13 employees and maintains cash reserves of £480.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 13 | 14 | 15 | 14 | 17 | 15 | 14 | 14 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 10,643 | 8,806 | 11,800 | 14,675 | 18,036 | 23,839 | 32,691 | 71,264 | 87,348 | 72,374 | 65,192 | 65,169 | 46,351 | 59,385 |
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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 10,643 | 8,806 | 11,800 | 14,675 | 18,036 | 23,839 | 32,691 | 71,264 | 87,348 | 72,374 | 65,192 | 65,169 | 46,351 | 59,385 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,829,616 | 1,326,634 | 1,076,550 | 917,482 | 870,203 | 1,035,824 | 906,905 | 1,039,384 | 1,328,043 | 1,148,028 | 1,433,929 | 983,820 | 1,117,881 | 1,009,203 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 480,587 | 519,646 | 875,656 | 1,015,488 | 861,749 | 752,610 | 887,494 | 666,722 | 790,978 | 664,467 | 328,145 | 281,423 | 244,059 | 264,577 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,310,203 | 1,846,280 | 1,952,206 | 1,932,970 | 1,731,952 | 1,788,434 | 1,794,399 | 1,706,106 | 2,119,021 | 1,812,495 | 1,762,074 | 1,265,243 | 1,361,940 | 1,273,780 |
total assets | 2,320,846 | 1,855,086 | 1,964,006 | 1,947,645 | 1,749,988 | 1,812,273 | 1,827,090 | 1,777,370 | 2,206,369 | 1,884,869 | 1,827,266 | 1,330,412 | 1,408,291 | 1,333,165 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,277,811 | 813,226 | 922,385 | 909,093 | 713,935 | 775,088 | 787,988 | 754,479 | 1,025,548 | 710,509 | 799,457 | 487,766 | 573,520 | 465,794 |
Group/Directors Accounts | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,277,811 | 813,226 | 922,385 | 909,093 | 713,935 | 775,088 | 787,988 | 754,479 | 1,025,548 | 710,509 | 799,457 | 487,766 | 573,520 | 465,794 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 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 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 2,661 | 1,673 | 2,242 | 3,137 | 3,066 | 4,529 | 6,538 | 11,363 | 14,643 | 9,200 | 6,200 | 8,400 | 3,700 | 5,100 |
total long term liabilities | 2,661 | 1,673 | 2,242 | 3,137 | 3,066 | 4,529 | 6,538 | 11,363 | 14,643 | 9,200 | 6,200 | 8,400 | 3,700 | 5,100 |
total liabilities | 1,280,472 | 814,899 | 924,627 | 912,230 | 717,001 | 779,617 | 794,526 | 765,842 | 1,040,191 | 719,709 | 805,657 | 496,166 | 577,220 | 470,894 |
net assets | 1,040,374 | 1,040,187 | 1,039,379 | 1,035,415 | 1,032,987 | 1,032,656 | 1,032,564 | 1,011,528 | 1,166,178 | 1,165,160 | 1,021,609 | 834,246 | 831,071 | 862,271 |
total shareholders funds | 1,040,374 | 1,040,187 | 1,039,379 | 1,035,415 | 1,032,987 | 1,032,656 | 1,032,564 | 1,011,528 | 1,166,178 | 1,165,160 | 1,021,609 | 834,246 | 831,071 | 862,271 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 3,495 | 3,402 | 4,281 | 5,444 | 7,787 | 9,216 | 10,113 | 22,259 | 23,145 | 13,942 | 18,004 | 17,098 | 13,034 | 13,115 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 502,982 | 250,084 | 159,068 | 47,279 | -165,621 | 128,919 | -132,479 | -288,659 | 180,015 | -285,901 | 450,109 | -134,061 | 108,678 | 1,009,203 |
Creditors | 464,585 | -109,159 | 13,292 | 195,158 | -61,153 | -12,900 | 33,509 | -271,069 | 315,039 | -88,948 | 311,691 | -85,754 | 107,726 | 465,794 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 988 | -569 | -895 | 71 | -1,463 | -2,009 | -4,825 | -3,280 | 5,443 | 3,000 | -2,200 | 4,700 | -1,400 | 5,100 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 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 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -39,059 | -356,010 | -139,832 | 153,739 | 109,139 | -134,884 | 220,772 | -124,256 | 126,511 | 336,322 | 46,722 | 37,364 | -20,518 | 264,577 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -39,059 | -356,010 | -139,832 | 153,739 | 109,139 | -134,884 | 220,772 | -124,256 | 126,511 | 336,322 | 46,722 | 37,364 | -20,518 | 264,577 |
swift roofing services limited Credit Report and Business Information
Swift Roofing Services Limited Competitor Analysis
Perform a competitor analysis for swift roofing services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
swift roofing services limited Ownership
SWIFT ROOFING SERVICES LIMITED group structure
Swift Roofing Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
SWIFT ROOFING SERVICES LIMITED
03715035
swift roofing services limited directors
Swift Roofing Services Limited currently has 4 directors. The longest serving directors include Mr Steven Daniel (Feb 1999) and Mr Robert Jennings (Feb 1999).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Steven Daniel | England | 55 years | Feb 1999 | - | Director |
Mr Robert Jennings | England | 52 years | Feb 1999 | - | Director |
Mrs Sarah Jennings | England | 52 years | Feb 2005 | - | Director |
Ms Kerry Daniel | England | 53 years | Feb 2005 | - | Director |
P&L
March 2023turnover
5.6m
+59%
operating profit
-21k
0%
gross margin
19.6%
+3.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1m
0%
total assets
2.3m
+0.25%
cash
480.6k
-0.08%
net assets
Total assets minus all liabilities
swift roofing services limited company details
company number
03715035
Type
Private limited with Share Capital
industry
43910 - Roofing activities
incorporation date
February 1999
age
25
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
cornerways lichfield road, burntwood, staffordshire, WS7 0HP
last accounts submitted
March 2023
swift roofing services 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 did not find charges/mortgages relating to swift roofing services limited.
swift roofing services limited Companies House Filings - See Documents
date | description | view/download |
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