shucksmith accountants (brigg) limited
shucksmith accountants (brigg) limited Company Information
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
old courts road brigg, north lincolnshire, DN20 8JD
Website
www.shucksmiths.co.ukshucksmith accountants (brigg) limited Estimated Valuation
Pomanda estimates the enterprise value of SHUCKSMITH ACCOUNTANTS (BRIGG) LIMITED at £195.8k based on a Turnover of £276.2k and 0.71x industry multiple (adjusted for size and gross margin).
shucksmith accountants (brigg) limited Estimated Valuation
Pomanda estimates the enterprise value of SHUCKSMITH ACCOUNTANTS (BRIGG) LIMITED at £72.8k based on an EBITDA of £16k and a 4.55x industry multiple (adjusted for size and gross margin).
shucksmith accountants (brigg) limited Estimated Valuation
Pomanda estimates the enterprise value of SHUCKSMITH ACCOUNTANTS (BRIGG) LIMITED at £555.4k based on Net Assets of £181.5k and 3.06x industry multiple (adjusted for liquidity).
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Shucksmith Accountants (brigg) Limited Overview
Shucksmith Accountants (brigg) Limited is a live company located in north lincolnshire, DN20 8JD with a Companies House number of 04385068. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2002, it's largest shareholder is neil shucksmith with a 100% stake. Shucksmith Accountants (brigg) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £276.2k with healthy growth in recent years.
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Shucksmith Accountants (brigg) Limited Health Check
Pomanda's financial health check has awarded Shucksmith Accountants (Brigg) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £276.2k, make it larger than the average company (£182.1k)
- Shucksmith Accountants (brigg) Limited
£182.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.4%)
- Shucksmith Accountants (brigg) Limited
8.4% - Industry AVG
Production
with a gross margin of 50.1%, this company has a higher cost of product (93.4%)
- Shucksmith Accountants (brigg) Limited
93.4% - Industry AVG
Profitability
an operating margin of 5.8% make it less profitable than the average company (10.1%)
- Shucksmith Accountants (brigg) Limited
10.1% - Industry AVG
Employees
with 7 employees, this is above the industry average (3)
7 - Shucksmith Accountants (brigg) Limited
3 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£35k)
- Shucksmith Accountants (brigg) Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £39.5k, this is less efficient (£76.4k)
- Shucksmith Accountants (brigg) Limited
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 152 days, this is later than average (78 days)
- Shucksmith Accountants (brigg) Limited
78 days - Industry AVG
Creditor Days
its suppliers are paid after 304 days, this is slower than average (21 days)
- Shucksmith Accountants (brigg) Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Shucksmith Accountants (brigg) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Shucksmith Accountants (brigg) Limited
- - 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 (50.8%)
43.5% - Shucksmith Accountants (brigg) Limited
50.8% - Industry AVG
SHUCKSMITH ACCOUNTANTS (BRIGG) LIMITED financials
Shucksmith Accountants (Brigg) Limited's latest turnover from March 2024 is estimated at £276.2 thousand and the company has net assets of £181.5 thousand. According to their latest financial statements, Shucksmith Accountants (Brigg) Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 7 | 6 | 7 | 7 | 9 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 204,200 | 129,841 | 130,518 | 131,195 | 131,115 | 130,918 | 133,946 | 2,861 | 2,965 | 3,075 | 3,503 | 4,054 | 4,388 | 4,757 | 5,946 |
| Intangible Assets | 129,200 | 129,200 | 129,200 | 129,200 | 129,200 | 129,200 | 129,200 | 129,200 | |||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 204,200 | 129,841 | 130,518 | 131,195 | 131,115 | 130,918 | 133,946 | 132,061 | 132,165 | 132,275 | 132,703 | 133,254 | 133,588 | 133,957 | 135,146 |
| Stock & work in progress | 6,885 | 5,728 | 7,780 | 11,915 | 16,699 | 18,554 | 16,992 | 18,251 | |||||||
| Trade Debtors | 115,382 | 113,814 | 100,819 | 99,031 | 79,580 | 90,159 | 76,320 | 28,321 | 31,109 | 22,128 | 30,254 | 17,168 | 37,375 | 44,112 | 35,288 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,472 | 1,414 | 1,321 | ||||||||||||
| Cash | 35,436 | 46,524 | 22,982 | 22,455 | 17,502 | 17,585 | 7,570 | 27,225 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 116,854 | 115,228 | 100,819 | 99,031 | 80,901 | 90,159 | 76,320 | 70,642 | 83,361 | 52,890 | 64,624 | 51,369 | 73,514 | 68,674 | 80,764 |
| total assets | 321,054 | 245,069 | 231,337 | 230,226 | 212,016 | 221,077 | 210,266 | 202,703 | 215,526 | 185,165 | 197,327 | 184,623 | 207,102 | 202,631 | 215,910 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 114,860 | 38,087 | 44,076 | 45,697 | 85,778 | 99,046 | 124,055 | 93,110 | 102,993 | 83,576 | 81,466 | 74,896 | 77,264 | 64,769 | 67,116 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 114,860 | 38,087 | 44,076 | 45,697 | 85,778 | 99,046 | 124,055 | 93,110 | 102,993 | 83,576 | 81,466 | 74,896 | 77,264 | 64,769 | 67,116 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 15,225 | 20,110 | 7,500 | ||||||||||||
| other liabilities | 9,475 | 17,392 | 25,157 | 40,000 | 42,308 | 56,498 | 44,397 | 40,941 | 37,149 | 28,230 | 10,262 | ||||
| provisions | |||||||||||||||
| total long term liabilities | 24,700 | 37,502 | 32,657 | 40,000 | 42,308 | 56,498 | 44,397 | 40,941 | 37,149 | 28,230 | 10,262 | ||||
| total liabilities | 139,560 | 75,589 | 76,733 | 85,697 | 85,778 | 99,046 | 124,055 | 135,418 | 159,491 | 127,973 | 122,407 | 112,045 | 105,494 | 75,031 | 67,116 |
| net assets | 181,494 | 169,480 | 154,604 | 144,529 | 126,238 | 122,031 | 86,211 | 67,285 | 56,035 | 57,192 | 74,920 | 72,578 | 101,608 | 127,600 | 148,794 |
| total shareholders funds | 181,494 | 169,480 | 154,604 | 144,529 | 126,238 | 122,031 | 86,211 | 67,285 | 56,035 | 57,192 | 74,920 | 72,578 | 101,608 | 127,600 | 148,794 |
| Mar 2024 | 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 | 686 | 720 | 838 | 986 | 1,013 | 1,189 | 1,391 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -6,885 | 1,157 | -2,052 | -4,135 | -4,784 | -1,855 | 1,562 | -1,259 | 18,251 | ||||||
| Debtors | 1,626 | 14,409 | 1,788 | 18,130 | -9,258 | 13,839 | 47,999 | -2,788 | 8,981 | -8,126 | 13,086 | -20,207 | -6,737 | 8,824 | 35,288 |
| Creditors | 76,773 | -5,989 | -1,621 | -40,081 | -13,268 | -25,009 | 30,945 | -9,883 | 19,417 | 2,110 | 6,570 | -2,368 | 12,495 | -2,347 | 67,116 |
| Accruals and Deferred Income | -4,885 | 12,610 | 7,500 | ||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -7,917 | -7,765 | -14,843 | 40,000 | -42,308 | -14,190 | 12,101 | 3,456 | 3,792 | 8,919 | 17,968 | 10,262 | |||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -35,436 | -11,088 | 23,542 | 527 | 4,953 | -83 | 10,015 | -19,655 | 27,225 | ||||||
| overdraft | |||||||||||||||
| change in cash | -35,436 | -11,088 | 23,542 | 527 | 4,953 | -83 | 10,015 | -19,655 | 27,225 |
shucksmith accountants (brigg) limited Credit Report and Business Information
Shucksmith Accountants (brigg) Limited Competitor Analysis
Perform a competitor analysis for shucksmith accountants (brigg) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DN20 area or any other competitors across 12 key performance metrics.
shucksmith accountants (brigg) limited Ownership
SHUCKSMITH ACCOUNTANTS (BRIGG) LIMITED group structure
Shucksmith Accountants (Brigg) Limited has no subsidiary companies.
Ultimate parent company
SHUCKSMITH ACCOUNTANTS (BRIGG) LIMITED
04385068
shucksmith accountants (brigg) limited directors
Shucksmith Accountants (Brigg) Limited currently has 1 director, Mr Neil Shucksmith serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Shucksmith | 56 years | Aug 2017 | - | Director |
P&L
March 2024turnover
276.2k
+6%
operating profit
16k
0%
gross margin
50.1%
-1.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
181.5k
+0.07%
total assets
321.1k
+0.31%
cash
0
0%
net assets
Total assets minus all liabilities
shucksmith accountants (brigg) limited company details
company number
04385068
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
March 2002
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
p.a. hutchinson & co ltd. (February 2019)
impressive transactions limited (March 2002)
accountant
-
auditor
-
address
old courts road brigg, north lincolnshire, DN20 8JD
Bank
-
Legal Advisor
-
shucksmith accountants (brigg) 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 1 charges/mortgages relating to shucksmith accountants (brigg) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
shucksmith accountants (brigg) 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 SHUCKSMITH ACCOUNTANTS (BRIGG) LIMITED. This can take several minutes, an email will notify you when this has completed.
shucksmith accountants (brigg) limited Companies House Filings - See Documents
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