Pomanda estimates the enterprise value of SOUTHERN DUCTWORK (MANUFACTURE) LTD at £2.6m based on a Turnover of £4.8m and 0.54x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SOUTHERN DUCTWORK (MANUFACTURE) LTD at £870.6k based on an EBITDA of £211k and a 4.13x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SOUTHERN DUCTWORK (MANUFACTURE) LTD at £871.7k based on Net Assets of £432.4k and 2.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Southern Ductwork (manufacture) LtdOverview
Southern Ductwork (manufacture) Ltd is a live company located in bracknell, RG12 1QS with a Companies House number of 03778943. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in May 1999, it's largest shareholder is
rjs ductwork ltd
with a 100% stake. Southern Ductwork (manufacture) Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£4.8m with
high
growth in recent years.
Pomanda's financial health check has awarded Southern Ductwork (Manufacture) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £4.8m, make it smaller than the average company (£14.1m)
£4.8m - Southern Ductwork (manufacture) Ltd
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (11.7%)
15% - Southern Ductwork (manufacture) Ltd
11.7% - Industry AVG
Production
with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)
25.4% - Southern Ductwork (manufacture) Ltd
25.4% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (6.7%)
2.1% - Southern Ductwork (manufacture) Ltd
6.7% - Industry AVG
Employees
with 35 employees, this is below the industry average (79)
35 - Southern Ductwork (manufacture) Ltd
79 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
£43k - Southern Ductwork (manufacture) Ltd
£43k - Industry AVG
Efficiency
resulting in sales per employee of £138.4k, this is less efficient (£180.4k)
£138.4k - Southern Ductwork (manufacture) Ltd
£180.4k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (60 days)
87 days - Southern Ductwork (manufacture) Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is close to average (50 days)
47 days - Southern Ductwork (manufacture) Ltd
50 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (39 days)
20 days - Southern Ductwork (manufacture) Ltd
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - Southern Ductwork (manufacture) Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80%, this is a higher level of debt than the average (53.9%)
80% - Southern Ductwork (manufacture) Ltd
53.9% - Industry AVG
SOUTHERN DUCTWORK (MANUFACTURE) LTD financials
EXPORT
Southern Ductwork (Manufacture) Ltd's latest turnover from December 2023 is estimated at £4.8 million and the company has net assets of £432.4 thousand. According to their latest financial statements, Southern Ductwork (Manufacture) Ltd has 35 employees and maintains cash reserves of £25.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Mar 2012
Mar 2011
Mar 2010
Turnover
4,845,546
4,012,359
3,713,378
3,166,070
3,244,676
2,863,344
2,558,380
2,650,210
2,572,511
3,288,700
3,494,356
2,711,456
73,908
143,671
30,814
Other Income Or Grants
Cost Of Sales
3,617,294
3,046,813
2,860,277
2,405,086
2,410,758
2,126,074
1,879,995
1,602,964
1,581,910
2,440,641
2,597,873
2,018,792
54,399
104,014
6,386
Gross Profit
1,228,252
965,546
853,101
760,984
833,918
737,270
678,385
1,047,246
990,601
848,059
896,483
692,665
19,508
39,658
24,428
Admin Expenses
1,125,882
845,252
783,156
727,038
741,585
699,247
630,291
968,753
929,083
810,581
868,491
646,577
16,071
32,078
19,364
Operating Profit
102,370
120,294
69,945
33,946
92,333
38,023
48,094
78,493
61,518
37,478
27,992
46,088
3,437
7,580
5,064
Interest Payable
48,915
54,829
34,791
14,285
206
1,078
3,941
16,100
10,394
Interest Receivable
927
544
43
24
320
228
152
13
4
20
5
16
16
15
Pre-Tax Profit
54,381
66,009
35,196
19,685
92,447
37,173
44,305
62,406
51,128
37,499
27,997
46,104
3,453
7,594
5,064
Tax
-13,595
-12,542
-6,687
-3,740
-17,565
-7,063
-8,418
-29,015
-1,158
-7,875
-6,439
-11,065
-898
-2,126
-1,013
Profit After Tax
40,786
53,467
28,509
15,945
74,882
30,110
35,887
33,391
49,970
29,624
21,558
35,039
2,555
5,468
4,051
Dividends Paid
16,500
Retained Profit
40,786
53,467
28,509
15,945
74,882
30,110
35,887
33,391
49,970
29,624
21,558
35,039
2,555
5,468
-12,449
Employee Costs
1,505,512
1,409,913
1,347,852
1,261,545
1,325,404
1,263,287
702,819
693,198
662,513
791,444
828,331
670,184
31,840
61,524
30,436
Number Of Employees
35
35
36
34
35
35
20
20
20
24
26
21
1
2
1
EBITDA*
210,973
182,575
146,832
94,783
163,095
126,710
130,352
151,137
120,577
83,352
66,278
76,597
6,218
11,287
9,026
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
344,951
352,520
272,543
207,144
146,376
180,180
183,459
226,775
234,172
200,054
134,250
60,776
11,123
14,830
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
344,951
352,520
272,543
207,144
146,376
180,180
183,459
226,775
234,172
200,054
134,250
60,776
11,123
14,830
Stock & work in progress
205,867
257,867
294,624
139,000
105,181
155,589
161,973
139,473
114,835
198,835
104,876
34,642
Trade Debtors
1,166,334
1,051,275
881,446
683,022
783,795
673,225
774,464
63,874
28,261
644,864
716,029
625,082
Group Debtors
11,689
Misc Debtors
420,528
425,999
470,998
499,230
253,190
59,329
61,413
717,221
632,102
Cash
25,099
10,199
20,906
13,231
34,679
50,585
10,121
50,764
10,516
6,961
1,202
954
1,048
5,418
552
misc current assets
total current assets
1,817,828
1,745,340
1,667,974
1,334,483
1,176,845
938,728
1,007,971
971,332
797,403
850,660
822,107
660,678
1,048
5,418
552
total assets
2,162,779
2,097,860
1,940,517
1,541,627
1,323,221
1,118,908
1,191,430
1,198,107
1,031,575
1,050,714
956,357
721,454
1,048
16,541
15,382
Bank overdraft
88,100
88,100
88,100
38,750
3,369
2,735
29,206
73,446
49,615
Bank loan
Trade Creditors
470,311
253,839
388,165
376,039
298,858
221,769
281,361
260,141
176,654
870,072
897,320
670,270
15,268
30,377
Group/Directors Accounts
other short term finances
hp & lease commitments
81,750
65,997
56,848
45,895
38,519
42,683
32,113
38,183
24,197
11,798
other current liabilities
597,646
653,070
389,542
225,020
629,495
552,935
580,612
540,020
543,607
25,827
total current liabilities
1,237,807
1,061,006
922,655
685,704
970,241
820,122
923,292
911,790
794,073
870,072
897,320
670,270
15,268
30,377
37,625
loans
275,525
417,875
560,225
426,250
18,608
32,102
hp & lease commitments
196,461
207,797
119,497
100,530
53,857
67,963
65,698
94,734
85,984
Accruals and Deferred Income
other liabilities
111,196
19,215
32,920
2,939
provisions
20,593
19,575
19,512
5,437
12,019
13,746
20,168
total long term liabilities
492,579
645,247
679,722
546,292
59,294
79,982
79,444
133,510
118,086
111,196
19,215
32,920
2,939
total liabilities
1,730,386
1,706,253
1,602,377
1,231,996
1,029,535
900,104
1,002,736
1,045,300
912,159
981,268
916,535
703,190
15,268
33,316
37,625
net assets
432,393
391,607
338,140
309,631
293,686
218,804
188,694
152,807
119,416
69,446
39,822
18,264
-14,220
-16,775
-22,243
total shareholders funds
432,393
391,607
338,140
309,631
293,686
218,804
188,694
152,807
119,416
69,446
39,822
18,264
-14,220
-16,775
-22,243
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
102,370
120,294
69,945
33,946
92,333
38,023
48,094
78,493
61,518
37,478
27,992
46,088
3,437
7,580
5,064
Depreciation
108,603
62,281
76,887
60,837
70,762
88,687
82,258
72,644
59,059
45,874
38,286
30,509
2,781
3,707
3,962
Amortisation
Tax
-13,595
-12,542
-6,687
-3,740
-17,565
-7,063
-8,418
-29,015
-1,158
-7,875
-6,439
-11,065
-898
-2,126
-1,013
Stock
-52,000
-36,757
155,624
33,819
-50,408
-6,384
22,500
24,638
-84,000
93,959
70,234
34,642
Debtors
109,588
124,830
170,192
145,267
304,431
-103,323
54,782
109,043
27,188
-71,165
90,947
625,082
Creditors
216,472
-134,326
12,126
77,181
77,089
-59,592
21,220
83,487
-693,418
-27,248
227,050
639,893
-15,109
30,377
Accruals and Deferred Income
-55,424
263,528
164,522
-404,475
76,560
-27,677
40,592
-3,587
543,607
-25,827
25,827
Deferred Taxes & Provisions
1,018
19,575
-19,512
14,075
-6,582
-1,727
-6,422
20,168
Cash flow from operations
301,856
230,737
-28,535
-401,262
38,574
140,358
100,042
88,509
26,420
25,435
125,708
45,701
-9,789
13,711
33,840
Investing Activities
capital expenditure
-101,034
-142,258
-142,286
-121,605
-36,958
-85,408
-38,942
-65,247
-93,177
-111,678
-111,760
-80,162
8,342
-18,792
Change in Investments
cash flow from investments
-101,034
-142,258
-142,286
-121,605
-36,958
-85,408
-38,942
-65,247
-93,177
-111,678
-111,760
-80,162
8,342
-18,792
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-142,350
-142,350
133,975
426,250
-18,608
-13,494
32,102
Hire Purchase and Lease Commitments
4,417
97,449
29,920
54,049
-18,270
12,835
-35,106
22,736
110,181
-11,798
11,798
other long term liabilities
-111,196
91,981
-13,705
29,981
-2,939
2,939
share issue
-9,794
interest
-47,988
-54,285
-34,748
-14,261
114
-850
-3,789
-16,087
-10,390
20
5
16
16
15
cash flow from financing
-185,921
-99,186
129,147
466,038
-18,156
11,985
-57,503
-6,845
20,697
92,001
-13,700
29,997
-2,923
-8,844
2,004
cash and cash equivalents
cash
14,900
-10,707
7,675
-21,448
-15,906
40,464
-40,643
40,248
3,555
5,759
248
-4,464
-4,370
4,866
552
overdraft
49,350
35,381
634
-26,471
-44,240
23,831
49,615
change in cash
14,900
-10,707
-41,675
-56,829
-16,540
66,935
3,597
16,417
-46,060
5,759
248
-4,464
-4,370
4,866
552
southern ductwork (manufacture) ltd 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 southern ductwork (manufacture) ltd. Get real-time insights into southern ductwork (manufacture) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for southern ductwork (manufacture) ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in RG12 area or any other competitors across 12 key performance metrics.
southern ductwork (manufacture) ltd Ownership
SOUTHERN DUCTWORK (MANUFACTURE) LTD group structure
Southern Ductwork (Manufacture) Ltd has no subsidiary companies.
The sole shareholder of Southern Ductwork (Manufacture) Ltd is Rjs Ductwork Ltd.
rjs ductwork ltd
100%
southern ductwork (manufacture) ltd directors
Southern Ductwork (Manufacture) Ltd currently has 3 directors.
The longest serving directors include
Mr Robert Sawdon (Mar 2012) and
Mrs Julie Sawdon (Feb 2023).
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 southern ductwork (manufacture) ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
southern ductwork (manufacture) ltd 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 SOUTHERN DUCTWORK (MANUFACTURE) LTD. This can take several minutes, an email will notify you when this has completed.
southern ductwork (manufacture) ltdCompanies House Filings - See Documents
