minster surfacing limited
minster surfacing limited Company Information
Company Number
04084446
Next Accounts
Sep 2025
Shareholders
breedon trading limited
bruce douglas spencer-knott
Group Structure
View All
Industry
Construction of other civil engineering projects n.e.c.
Registered Address
pinnacle house breedon quarry, breedon on the hill, derby, DE73 8AP
Website
www.minstersurfacing.co.ukminster surfacing limited Estimated Valuation
Pomanda estimates the enterprise value of MINSTER SURFACING LIMITED at £3.1m based on a Turnover of £11.9m and 0.27x industry multiple (adjusted for size and gross margin).
minster surfacing limited Estimated Valuation
Pomanda estimates the enterprise value of MINSTER SURFACING LIMITED at £5.2m based on an EBITDA of £1.5m and a 3.43x industry multiple (adjusted for size and gross margin).
minster surfacing limited Estimated Valuation
Pomanda estimates the enterprise value of MINSTER SURFACING LIMITED at £7.4m based on Net Assets of £3.8m and 1.93x industry multiple (adjusted for liquidity).
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Minster Surfacing Limited Overview
Minster Surfacing Limited is a live company located in derby, DE73 8AP with a Companies House number of 04084446. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in October 2000, it's largest shareholder is breedon trading limited with a 80% stake. Minster Surfacing Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.9m with high growth in recent years.
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Minster Surfacing Limited Health Check
Pomanda's financial health check has awarded Minster Surfacing Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £5.8m, make it smaller than the average company (£13.9m)
- Minster Surfacing Limited
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (5.6%)
- Minster Surfacing Limited
5.6% - Industry AVG
Production
with a gross margin of 11.1%, this company has a higher cost of product (16.7%)
- Minster Surfacing Limited
16.7% - Industry AVG
Profitability
an operating margin of 16.5% make it more profitable than the average company (4.9%)
- Minster Surfacing Limited
4.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (52)
11 - Minster Surfacing Limited
52 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Minster Surfacing Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £524.4k, this is more efficient (£248.8k)
- Minster Surfacing Limited
£248.8k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (57 days)
- Minster Surfacing Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (41 days)
- Minster Surfacing Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is more than average (7 days)
- Minster Surfacing Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (18 weeks)
6 weeks - Minster Surfacing Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.5%, this is a lower level of debt than the average (61.3%)
43.5% - Minster Surfacing Limited
61.3% - Industry AVG
MINSTER SURFACING LIMITED financials
Minster Surfacing Limited's latest turnover from December 2023 is estimated at £11.9 million and the company has net assets of £3.8 million. According to their latest financial statements, Minster Surfacing Limited has 13 employees and maintains cash reserves of £780.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 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 | 11 | 11 | 11 | 10 | 10 | 10 | 11 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,056,033 | 1,099,479 | 1,044,373 | 1,007,620 | 985,863 | 1,000,896 | 1,037,893 | 1,038,452 | 288,752 | 277,429 | 83,343 | 77,737 | 72,047 | 91,626 | 85,074 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,056,033 | 1,099,479 | 1,044,373 | 1,007,620 | 985,863 | 1,000,896 | 1,037,893 | 1,038,452 | 288,752 | 277,429 | 83,343 | 77,737 | 72,047 | 91,626 | 85,074 |
| Stock & work in progress | 500,000 | 495,000 | 20,732 | ||||||||||||
| Trade Debtors | 3,143,524 | 1,928,465 | 5,470,662 | 3,841,877 | 2,435,688 | 2,867,034 | 2,249,939 | 1,358,985 | 1,196,783 | 1,054,530 | 694,344 | 350,949 | 523,835 | 345,585 | 320,767 |
| Group Debtors | 1,867,246 | ||||||||||||||
| Misc Debtors | 794,785 | 2,400,826 | 741,449 | 152,482 | 7,401 | ||||||||||
| Cash | 780,746 | 308,945 | 477,855 | 729,338 | 148,242 | 642,618 | 308,388 | 389,836 | 105,588 | 447,186 | 120,766 | 304,365 | 362,741 | 186,834 | 151,243 |
| misc current assets | |||||||||||||||
| total current assets | 6,586,301 | 5,138,236 | 6,443,517 | 4,571,215 | 2,583,930 | 3,509,652 | 2,558,327 | 2,490,270 | 1,454,853 | 1,501,716 | 835,842 | 655,314 | 886,576 | 539,820 | 472,010 |
| total assets | 7,642,334 | 6,237,715 | 7,487,890 | 5,578,835 | 3,569,793 | 4,510,548 | 3,596,220 | 3,528,722 | 1,743,605 | 1,779,145 | 919,185 | 733,051 | 958,623 | 631,446 | 557,084 |
| Bank overdraft | 101,724 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,591,224 | 1,122,403 | 4,594,069 | 3,098,396 | 1,605,456 | 2,436,475 | 1,430,734 | 1,162,930 | 402,655 | 739,358 | 634,939 | 304,436 | 515,068 | 284,096 | 174,413 |
| Group/Directors Accounts | 10,942 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 43,520 | ||||||||||||||
| other current liabilities | 1,075,532 | 1,361,085 | 288,575 | 143,357 | |||||||||||
| total current liabilities | 3,710,276 | 2,483,488 | 4,594,069 | 3,098,396 | 1,605,456 | 2,436,475 | 1,430,734 | 1,451,505 | 647,736 | 739,358 | 634,939 | 304,436 | 515,068 | 284,096 | 185,355 |
| loans | |||||||||||||||
| hp & lease commitments | 61,408 | 75,109 | 62,821 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 95,104 | 108,090 | 39,747 | 47,438 | 55,130 | ||||||||||
| provisions | 44,072 | 151,565 | 51,324 | 57,984 | 57,997 | 51,689 | 53,693 | 62,143 | 39,606 | 51,093 | 11,828 | 8,831 | 5,692 | 7,017 | 4,998 |
| total long term liabilities | 105,480 | 226,674 | 146,428 | 166,074 | 97,744 | 99,127 | 108,823 | 124,964 | 39,606 | 51,093 | 11,828 | 8,831 | 5,692 | 7,017 | 4,998 |
| total liabilities | 3,815,756 | 2,710,162 | 4,740,497 | 3,264,470 | 1,703,200 | 2,535,602 | 1,539,557 | 1,576,469 | 687,342 | 790,451 | 646,767 | 313,267 | 520,760 | 291,113 | 190,353 |
| net assets | 3,826,578 | 3,527,553 | 2,747,393 | 2,314,365 | 1,866,593 | 1,974,946 | 2,056,663 | 1,952,253 | 1,056,263 | 988,694 | 272,418 | 419,784 | 437,863 | 340,333 | 366,731 |
| total shareholders funds | 3,826,578 | 3,527,553 | 2,747,393 | 2,314,365 | 1,866,593 | 1,974,946 | 2,056,663 | 1,952,253 | 1,056,263 | 988,694 | 272,418 | 419,784 | 437,863 | 340,333 | 366,731 |
| Dec 2023 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 117,085 | 170,499 | 179,352 | 161,634 | 165,154 | 164,263 | 171,497 | 175,044 | 92,015 | 87,811 | 22,760 | 20,950 | 18,143 | 24,281 | 21,713 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -495,000 | 5,000 | 495,000 | -20,732 | 20,732 | ||||||||||
| Debtors | 334,893 | -1,141,371 | 1,628,785 | 1,406,189 | -431,346 | 617,095 | 149,505 | 751,169 | 294,735 | 360,186 | 343,395 | -172,886 | 170,849 | 32,219 | 320,767 |
| Creditors | -2,002,845 | -3,471,666 | 1,495,673 | 1,492,940 | -831,019 | 1,005,741 | 267,804 | 760,275 | -336,703 | 104,419 | 330,503 | -210,632 | 230,972 | 109,683 | 174,413 |
| Accruals and Deferred Income | 1,075,532 | 1,361,085 | -288,575 | 145,218 | 143,357 | ||||||||||
| Deferred Taxes & Provisions | -7,252 | 100,241 | -6,660 | -13 | 6,308 | -2,004 | -8,450 | 22,537 | -11,487 | 39,265 | 2,997 | 3,139 | -1,325 | 2,019 | 4,998 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -10,942 | 10,942 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | 104,928 | 75,109 | -62,821 | 62,821 | |||||||||||
| other long term liabilities | -95,104 | -95,104 | -12,986 | 68,343 | -7,691 | -7,692 | 55,130 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 302,891 | -168,910 | -251,483 | 581,096 | -494,376 | 334,230 | -81,448 | 284,248 | -341,598 | 326,420 | -183,599 | -58,376 | 175,907 | 35,591 | 151,243 |
| overdraft | -101,724 | 101,724 | |||||||||||||
| change in cash | 302,891 | -168,910 | -251,483 | 581,096 | -494,376 | 334,230 | -81,448 | 385,972 | -443,322 | 326,420 | -183,599 | -58,376 | 175,907 | 35,591 | 151,243 |
minster surfacing limited Credit Report and Business Information
Minster Surfacing Limited Competitor Analysis
Perform a competitor analysis for minster surfacing limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in DE73 area or any other competitors across 12 key performance metrics.
minster surfacing limited Ownership
MINSTER SURFACING LIMITED group structure
Minster Surfacing Limited has no subsidiary companies.
Ultimate parent company
BREEDON GROUP PLC
#0017247
2 parents
MINSTER SURFACING LIMITED
04084446
minster surfacing limited directors
Minster Surfacing Limited currently has 5 directors. The longest serving directors include Mr Bruce Spencer-Knott (Jan 2001) and Mr Mark Butler (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bruce Spencer-Knott | United Kingdom | 53 years | Jan 2001 | - | Director |
| Mr Mark Butler | England | 52 years | May 2023 | - | Director |
| Mr Trevor Taylor | England | 51 years | May 2023 | - | Director |
| Mr James Atherton-Ham | England | 54 years | May 2023 | - | Director |
| Mr James Haluch | England | 55 years | May 2023 | - | Director |
P&L
December 2023turnover
11.9m
-24%
operating profit
1.4m
0%
gross margin
11.7%
+11.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.8m
+0.39%
total assets
7.6m
+0.02%
cash
780.7k
+0.63%
net assets
Total assets minus all liabilities
minster surfacing limited company details
company number
04084446
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
October 2000
age
25
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
minster paving & construction limited (January 2012)
accountant
DEXTER & SHARPE (LINCOLN) LTD
auditor
-
address
pinnacle house breedon quarry, breedon on the hill, derby, DE73 8AP
Bank
BARCLAYS BANK PLC
Legal Advisor
-
minster surfacing 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 minster surfacing limited.
minster surfacing 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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minster surfacing limited Companies House Filings - See Documents
| date | description | view/download |
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