Simmons Industrial Services Limited

POWER SEARCH PRICING

SOLUTIONS

simmons industrial services limited Company Information

Live

MatureSmallDeclining

Company Number

04276451

Website

www.simmons-industrial.co.uk

Registered Address

unit 23 io trade centre, 57a croydon road, beddington, surrey, CR0 4WQ

Industry

Renting and leasing of construction and civil engineering machinery and equipment

Telephone

02086883553

Next Accounts Due

September 2025

Group Structure

View All

Directors

Gary Simmons23 Years

Raymond Simmons19 Years

Shareholders

g. simmons 45%

r. simmons 45%

View All

simmons industrial services limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SIMMONS INDUSTRIAL SERVICES LIMITED at £1.4m based on a Turnover of £1.9m and 0.73x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Simmons Industrial Services Limited is a live company located in beddington, CR0 4WQ with a Companies House number of 04276451. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in August 2001, it's largest shareholder is g. simmons with a 45% stake. Simmons Industrial Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Simmons Industrial Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

2 Regular

6 Weak

Size

annual sales of £1.9m, make it smaller than the average company (£14.5m)

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.9%)

EXPORT

Simmons Industrial Services Limited's latest turnover from December 2023 is estimated at £1.9 million and the company has net assets of £560.9 thousand. According to their latest financial statements, Simmons Industrial Services Limited has 19 employees and maintains cash reserves of £372.4 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	1,904,662	2,317,595	1,734,615	2,112,338	2,375,934	1,956,147	1,846,579	1,849,649	1,697,541	1,474,473	1,608,928	1,421,905	1,838,972	1,725,586	1,604,036
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,264,990	1,505,774	1,177,557	1,565,907	1,584,097	1,381,795	1,401,284	1,370,013	1,217,630	1,161,057	1,223,616	1,085,965	1,368,014	1,262,020	1,171,429
Gross Profit	639,672	811,820	557,057	546,431	791,837	574,352	445,295	479,636	479,911	313,416	385,312	335,940	470,958	463,566	432,607
Admin Expenses	629,637	709,313	581,326	371,587	415,241	363,278	352,894	365,952	352,933	180,797	200,234	240,885	287,684	280,322	381,602
Operating Profit	10,035	102,507	-24,269	174,844	376,596	211,074	92,401	113,684	126,978	132,619	185,078	95,055	183,274	183,244	51,005
Interest Payable	17,875	20,385	14,996	8,379	7,115	7,940	6,475	7,286	7,372	3,478	2,767	2,710	529	215	0
Interest Receivable	15,583	7,353	244	8,359	5,811	5,454	5,587	5,445	5,303	5,667	4,984	5,047	4,526	7	152
Pre-Tax Profit	7,743	89,474	-39,021	174,824	375,292	208,588	91,513	111,843	124,909	134,808	187,295	97,392	187,271	183,036	51,157
Tax	-1,936	-17,000	0	-34,267	-68,688	-38,995	-5,020	-27,707	-31,035	-29,849	-44,891	-22,153	-49,232	-42,951	-15,107
Profit After Tax	5,807	72,474	-39,021	140,557	306,604	169,593	86,493	84,136	93,874	104,959	142,404	75,239	138,039	140,085	36,050
Dividends Paid	0	0	0	157,500	154,500	126,000	119,500	113,000	100,000	85,000	100,000	125,000	100,000	75,000	0
Retained Profit	5,807	72,474	-39,021	-16,943	152,104	43,593	-33,007	-28,864	-6,126	19,959	42,404	-49,761	38,039	65,085	36,050
Employee Costs	835,884	834,743	898,598	854,601	809,213	685,037	729,127	701,184	419,353	365,761	445,985	386,003	523,701	464,945	0
Number Of Employees	19	20	22	22	21	18	20	20	12	11	14	12	17	16	0
EBITDA*	107,111	202,476	77,873	287,056	430,671	269,508	148,636	182,984	209,261	178,821	221,697	135,263	219,301	220,358	92,498

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	349,386	375,893	362,121	387,072	436,104	190,551	185,511	196,673	192,154	234,760	56,838	78,306	58,527	69,165	74,080
Intangible Assets	0	0	0	0	0	0	0	0	19,080	38,160	57,240	76,320	95,400	114,480	133,560
Investments & Other	0	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	0
Total Fixed Assets	349,386	375,893	362,121	387,072	436,104	190,551	185,511	196,673	211,234	272,920	114,078	154,626	153,927	183,645	207,640
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	172,417	341,726	172,175	289,796	451,291	430,070	413,033	458,082	487,546	384,731	392,719	335,974	474,102	289,273	299,811
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	238,216	232,390	493,703	460,162	216,985	52,060	35,218	32,213	24,130	29,856	20,992	11,586	60,157	50,659	122,277
Cash	372,448	250,864	169,281	318,926	132,852	41,003	22,441	49,468	76,365	41,272	76,544	39,114	16,301	59,090	34,410
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	783,081	824,980	835,159	1,068,884	801,128	523,133	470,692	539,763	588,041	455,859	490,255	386,674	550,560	399,022	456,498
total assets	1,132,467	1,200,873	1,197,280	1,455,956	1,237,232	713,684	656,203	736,436	799,275	728,779	604,333	541,300	704,487	582,667	664,138
Bank overdraft	50,000	50,000	0	8,333	0	0	0	4,240	6,383	0	0	0	0	0	0
Bank loan	0	0	50,000	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	52,153	82,922	97,139	110,018	127,222	27,011	21,593	22,996	37,006	34,768	68,676	67,807	102,656	79,968	104,299
Group/Directors Accounts	0	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	0
hp & lease commitments	0	0	0	0	0	0	0	0	35,955	38,021	5,604	16,107	4,868	7,282	0
other current liabilities	277,484	216,331	206,133	360,983	309,410	234,029	207,650	212,474	174,912	61,493	125,287	97,555	189,883	106,421	117,974
total current liabilities	379,637	349,253	353,272	479,334	436,632	261,040	229,243	239,710	254,256	134,282	199,567	181,469	297,407	193,671	222,273
loans	87,500	137,500	191,667	241,667	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	101,873	137,828	2,516	0	0	4,826	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	16,911	87,649	111,297	141,151	179,199	30,923	49,991	83,006	0	0	0	0	0	16,544	140,067
provisions	87,561	71,420	58,467	72,206	82,860	35,284	34,125	37,869	38,431	45,828	11,368	11,353	8,841	7,426	6,683
total long term liabilities	191,972	296,569	361,431	455,024	262,059	66,207	84,116	120,875	140,304	183,656	13,884	11,353	8,841	28,796	146,750
total liabilities	571,609	645,822	714,703	934,358	698,691	327,247	313,359	360,585	394,560	317,938	213,451	192,822	306,248	222,467	369,023
net assets	560,858	555,051	482,577	521,598	538,541	386,437	342,844	375,851	404,715	410,841	390,882	348,478	398,239	360,200	295,115
total shareholders funds	560,858	555,051	482,577	521,598	538,541	386,437	342,844	375,851	404,715	410,841	390,882	348,478	398,239	360,200	295,115

	Dec 2023	Dec 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	10,035	102,507	-24,269	174,844	376,596	211,074	92,401	113,684	126,978	132,619	185,078	95,055	183,274	183,244	51,005
Depreciation	97,076	99,969	102,142	112,212	54,075	58,434	56,235	50,220	63,203	27,122	17,539	21,128	16,947	18,034	22,413
Amortisation	0	0	0	0	0	0	0	19,080	19,080	19,080	19,080	19,080	19,080	19,080	19,080
Tax	-1,936	-17,000	0	-34,267	-68,688	-38,995	-5,020	-27,707	-31,035	-29,849	-44,891	-22,153	-49,232	-42,951	-15,107
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-163,483	-91,762	-84,080	81,682	186,146	33,879	-42,044	-21,381	97,089	876	66,151	-186,699	194,327	-82,156	422,088
Creditors	-30,769	-14,217	-12,879	-17,204	100,211	5,418	-1,403	-14,010	2,238	-33,908	869	-34,849	22,688	-24,331	104,299
Accruals and Deferred Income	61,153	10,198	-154,850	51,573	75,381	26,379	-4,824	37,562	113,419	-63,794	27,732	-92,328	83,462	-11,553	117,974
Deferred Taxes & Provisions	16,141	12,953	-13,739	-10,654	47,576	1,159	-3,744	-562	-7,397	34,460	15	2,512	1,415	743	6,683
Cash flow from operations	315,183	286,172	-19,515	194,822	399,005	229,590	175,689	199,648	189,397	84,854	139,271	175,144	83,307	224,422	-115,741
Investing Activities
capital expenditure	-70,569	-113,741	-77,191	-63,180	-299,628	-63,474	-45,073	-54,739	-20,597	-205,044	3,929	-40,907	-6,309	-13,119	-249,133
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-70,569	-113,741	-77,191	-63,180	-299,628	-63,474	-45,073	-54,739	-20,597	-205,044	3,929	-40,907	-6,309	-13,119	-249,133
Financing Activities
Bank loans	0	-50,000	50,000	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	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-50,000	-54,167	-50,000	241,667	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	-137,828	-38,021	167,729	-7,987	11,239	-7,240	12,108	0
other long term liabilities	-70,738	-23,648	-29,854	-38,048	148,276	-19,068	-33,015	83,006	0	0	0	0	-16,544	-123,523	140,067
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	259,065
interest	-2,292	-13,032	-14,752	-20	-1,304	-2,486	-888	-1,841	-2,069	2,189	2,217	2,337	3,997	-208	152
cash flow from financing	-123,030	-140,847	-44,606	203,599	146,972	-21,554	-33,903	-56,663	-40,090	169,918	-5,770	13,576	-19,787	-111,623	399,284
cash and cash equivalents
cash	121,584	81,583	-149,645	186,074	91,849	18,562	-27,027	-26,897	35,093	-35,272	37,430	22,813	-42,789	24,680	34,410
overdraft	0	50,000	-8,333	8,333	0	0	-4,240	-2,143	6,383	0	0	0	0	0	0
change in cash	121,584	31,583	-141,312	177,741	91,849	18,562	-22,787	-24,754	28,710	-35,272	37,430	22,813	-42,789	24,680	34,410

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for simmons industrial services limited. Get real-time insights into simmons industrial services limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for simmons industrial services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CR0 area or any other competitors across 12 key performance metrics.

SIMMONS INDUSTRIAL SERVICES LIMITED group structure

Simmons Industrial Services Limited has no subsidiary companies.

Ultimate parent company

SIMMONS INDUSTRIAL SERVICES LIMITED

04276451

SIMMONS INDUSTRIAL SERVICES LIMITED Shareholders

g. simmons	45%
r. simmons	45%
a.j. simmons	10%

Simmons Industrial Services Limited currently has 2 directors. The longest serving directors include Mr Gary Simmons (Aug 2001) and Mr Raymond Simmons (Nov 2004).

officer	country	age	start	end	role
Mr Gary Simmons		56 years	Aug 2001	-	Director
Mr Raymond Simmons	England	61 years	Nov 2004	-	Director

P&L

December 2023

turnover

1.9m

-18%

operating profit

10k

gross margin

33.6%

-4.12%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

560.9k

+0.01%

total assets

1.1m

-0.06%

cash

372.4k

+0.48%

net assets

Total assets minus all liabilities

Similar Companies

mkl construction equipment finance limited

3.5

certs assured hire limited

smartplant solutions limited

2.5

n.j. doyne limited

2.5

james king (plant) limited

3.5

company number

04276451

Type

Private limited with Share Capital

industry

77320 - Renting and leasing of construction and civil engineering machinery and equipment

incorporation date

August 2001

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

December 2023

address

unit 23 io trade centre, 57a croydon road, beddington, surrey, CR0 4WQ

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 simmons industrial services limited. Currently there are 1 open charges and 1 have been satisfied in the past.

simmons industrial services limited Company Information

simmons industrial services limited Estimated Valuation

simmons industrial services limited Estimated Valuation

simmons industrial services limited Estimated Valuation

Simmons Industrial Services Limited Overview

Simmons Industrial Services Limited Health Check

SIMMONS INDUSTRIAL SERVICES LIMITED financials

simmons industrial services limited Credit Report and Business Information

Simmons Industrial Services Limited Competitor Analysis

simmons industrial services limited Ownership

simmons industrial services limited directors

simmons industrial services limited company details

simmons industrial services limited Charges & Mortgages

simmons industrial services limited Companies House Filings - See Documents