single source storage services limitedEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of SINGLE SOURCE STORAGE SERVICES LIMITED at £1.9m based on a Turnover of £5.1m and 0.36x industry multiple (adjusted for size and gross margin).
single source storage services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SINGLE SOURCE STORAGE SERVICES LIMITED at £0 based on an EBITDA of £-24.4k and a 4.03x industry multiple (adjusted for size and gross margin).
single source storage services limitedEstimated Valuation
£819.2k
Pomanda estimates the enterprise value of SINGLE SOURCE STORAGE SERVICES LIMITED at £819.2k based on Net Assets of £339.6k and 2.41x industry multiple (adjusted for liquidity).
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Single Source Storage Services LimitedOverview
Single Source Storage Services Limited is a live company located in aldridge, walsall, WS9 8LZ with a Companies House number of 04723705. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in April 2003, it's largest shareholder is
michael anthony taylor
with a 100% stake. Single Source Storage Services Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.1m with
rapid
growth in recent years.
Single Source Storage Services Limited Health Check
Pomanda's financial health check has awarded Single Source Storage Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
5 Regular
3 Weak
Size
annual sales of £5.1m, make it larger than the average company (£284.6k)
£5.1m - Single Source Storage Services Limited
£284.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 100%, show it is growing at a faster rate (13.1%)
100% - Single Source Storage Services Limited
13.1% - Industry AVG
Production
with a gross margin of 24.2%, this company has a comparable cost of product (24.2%)
24.2% - Single Source Storage Services Limited
24.2% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (5.2%)
-0.7% - Single Source Storage Services Limited
5.2% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Single Source Storage Services Limited
3 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
£38.4k - Single Source Storage Services Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£131.2k)
£1.7m - Single Source Storage Services Limited
£131.2k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (46 days)
46 days - Single Source Storage Services Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (29 days)
71 days - Single Source Storage Services Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is more than average (14 days)
30 days - Single Source Storage Services Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 15 weeks, this is less cash available to meet short term requirements (22 weeks)
15 weeks - Single Source Storage Services Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.7%, this is a similar level of debt than the average (72.6%)
73.7% - Single Source Storage Services Limited
72.6% - Industry AVG
SINGLE SOURCE STORAGE SERVICES LIMITED financials
EXPORT
Single Source Storage Services Limited's latest turnover from April 2024 is estimated at £5.1 million and the company has net assets of £339.6 thousand. According to their latest financial statements, Single Source Storage Services Limited has 3 employees and maintains cash reserves of £286.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
5,139,632
132,301
214,358
644,639
635,882
674,593
767,752
676,923
1,112,977
726,097
1,059,252
752,150
461,917
1,302,795
194,300
Other Income Or Grants
Cost Of Sales
3,898,051
97,778
160,958
460,850
443,620
462,417
522,503
456,086
756,852
481,840
719,658
538,305
324,497
911,325
133,932
Gross Profit
1,241,582
34,523
53,401
183,789
192,262
212,176
245,249
220,837
356,125
244,257
339,594
213,845
137,420
391,469
60,368
Admin Expenses
1,277,192
23,657
3,773
175,279
371,614
200,241
259,989
91,934
18,700
237,203
316,820
195,850
171,258
372,067
-37,434
Operating Profit
-35,610
10,866
49,628
8,510
-179,352
11,935
-14,740
128,903
337,425
7,054
22,774
17,995
-33,838
19,402
97,802
Interest Payable
60
69
31
Interest Receivable
19,792
19,474
2,697
270
254
1,325
779
880
1,405
245
240
137
191
340
158
Pre-Tax Profit
-15,878
30,271
52,294
8,780
-179,098
13,260
-13,961
129,783
338,830
7,299
23,014
18,132
-33,647
19,742
97,960
Tax
-7,568
-9,936
-1,668
-2,519
-24,659
-67,766
-1,460
-4,833
-4,170
-5,133
-27,429
Profit After Tax
-15,878
22,703
42,358
7,112
-179,098
10,741
-13,961
105,124
271,064
5,839
18,181
13,962
-33,647
14,609
70,531
Dividends Paid
Retained Profit
-15,878
22,703
42,358
7,112
-179,098
10,741
-13,961
105,124
271,064
5,839
18,181
13,962
-33,647
14,609
70,531
Employee Costs
115,124
95,184
98,591
129,931
127,231
140,413
132,923
135,482
232,011
115,455
185,483
140,688
96,164
277,947
58,902
Number Of Employees
3
3
3
4
4
4
4
4
6
3
5
4
3
8
2
EBITDA*
-24,360
12,012
60,628
20,018
-169,486
22,105
-5,243
135,645
344,934
15,107
30,402
24,150
-23,342
29,575
106,681
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
4,020
15,270
25,666
36,666
12,875
22,741
32,911
15,437
21,153
10,029
16,384
24,012
12,247
22,743
9,987
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
29,403
78,670
88,233
88,233
Total Fixed Assets
4,020
15,270
25,666
36,666
42,278
101,411
121,144
103,670
21,153
10,029
16,384
24,012
12,247
22,743
9,987
Stock & work in progress
328,863
38,513
Trade Debtors
661,525
16,548
25,410
133,978
91,002
136,624
130,964
115,265
121,538
143,091
150,733
91,598
59,249
156,266
21,196
Group Debtors
Misc Debtors
8,250
8,250
7,700
7,700
7,700
98,171
242,060
271,487
27,332
1,299
Cash
286,492
467,475
448,931
270,196
270,567
237,081
116,298
195,125
508,863
53,169
44,906
51,178
3,656
72,852
63,216
misc current assets
total current assets
1,285,130
492,273
482,041
411,874
369,269
471,876
489,322
581,877
657,733
197,559
195,639
142,776
101,418
229,118
84,412
total assets
1,289,150
507,543
507,707
448,540
411,547
573,287
610,466
685,547
678,886
207,588
212,023
166,788
113,665
251,861
94,399
Bank overdraft
Bank loan
633
433
908
Trade Creditors
764,749
1,916
22,283
50,731
77,488
6,791
61,616
43,393
163,251
34,741
110,983
79,702
48,554
146,342
20,727
Group/Directors Accounts
other short term finances
hp & lease commitments
20,443
6,830
6,830
4,697
4,697
5,207
other current liabilities
184,127
149,675
135,186
84,024
30,270
76,779
63,044
72,175
134,316
65,968
total current liabilities
949,509
152,024
158,377
134,755
128,201
90,400
131,490
120,265
302,264
105,916
110,983
79,702
48,554
146,342
20,727
loans
hp & lease commitments
20,443
27,273
11,385
16,082
Accruals and Deferred Income
other liabilities
16,514
23,327
88,233
12,196
17,403
21,630
13,617
20,378
3,140
provisions
total long term liabilities
16,514
23,327
20,443
27,273
99,618
16,082
12,196
17,403
21,630
13,617
20,378
3,140
total liabilities
949,509
152,024
174,891
158,082
128,201
110,843
158,763
219,883
318,346
118,112
128,386
101,332
62,171
166,720
23,867
net assets
339,641
355,519
332,816
290,458
283,346
462,444
451,703
465,664
360,540
89,476
83,637
65,456
51,494
85,141
70,532
total shareholders funds
339,641
355,519
332,816
290,458
283,346
462,444
451,703
465,664
360,540
89,476
83,637
65,456
51,494
85,141
70,532
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-35,610
10,866
49,628
8,510
-179,352
11,935
-14,740
128,903
337,425
7,054
22,774
17,995
-33,838
19,402
97,802
Depreciation
11,250
1,146
11,000
11,508
9,866
10,170
9,497
6,742
7,509
8,053
7,628
6,155
10,496
10,173
8,879
Amortisation
Tax
-7,568
-9,936
-1,668
-2,519
-24,659
-67,766
-1,460
-4,833
-4,170
-5,133
-27,429
Stock
328,863
-38,513
38,513
Debtors
644,977
-8,312
-108,568
13,573
-185,360
-147,792
-13,728
326,115
4,480
-6,343
59,135
32,349
-97,017
135,070
21,196
Creditors
762,833
-20,367
-28,448
-26,757
70,697
-54,825
18,223
-119,858
128,510
-76,242
31,281
31,148
-97,788
125,615
20,727
Accruals and Deferred Income
34,452
14,489
51,162
53,754
-46,509
13,735
-9,131
-62,141
68,348
65,968
Deferred Taxes & Provisions
Cash flow from operations
-200,915
6,878
181,974
31,774
40,062
126,288
17,577
-397,128
469,546
9,716
-2,285
57,292
-62,626
14,987
78,783
Investing Activities
capital expenditure
9,250
-35,299
-26,971
-1,026
-18,633
-1,698
-17,920
-22,929
-18,866
Change in Investments
cash flow from investments
9,250
-35,299
-26,971
-1,026
-18,633
-1,698
-17,920
-22,929
-18,866
Financing Activities
Bank loans
200
-475
908
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-20,443
-6,830
-6,830
18,021
-4,697
15,572
5,207
other long term liabilities
-16,514
-6,813
23,327
-88,233
88,233
-12,196
-5,207
-4,227
8,013
-6,761
17,238
3,140
share issue
1
interest
19,732
19,405
2,666
270
254
1,325
779
880
1,405
245
240
137
191
340
158
cash flow from financing
19,932
2,416
-3,239
3,154
-6,576
-5,505
-69,433
84,416
4,781
245
-3,987
8,150
-6,570
17,578
3,299
cash and cash equivalents
cash
-180,983
18,544
178,735
-371
33,486
120,783
-78,827
-313,738
455,694
8,263
-6,272
47,522
-69,196
9,636
63,216
overdraft
change in cash
-180,983
18,544
178,735
-371
33,486
120,783
-78,827
-313,738
455,694
8,263
-6,272
47,522
-69,196
9,636
63,216
single source storage services limited 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 single source storage services limited. Get real-time insights into single source storage services limited's credit score, group structure and payment trends.
Single Source Storage Services Limited Competitor Analysis
Perform a competitor analysis for single source storage services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in WS9 area or any other competitors across 12 key performance metrics.
single source storage services limited Ownership
SINGLE SOURCE STORAGE SERVICES LIMITED group structure
Single Source Storage Services Limited has no subsidiary companies.
Ultimate parent company
SINGLE SOURCE STORAGE SERVICES LIMITED
04723705
SINGLE SOURCE STORAGE SERVICES LIMITED Shareholders
The sole shareholder of Single Source Storage Services Limited is Michael Anthony Taylor.
michael anthony taylor
100%
single source storage services limited directors
Single Source Storage Services Limited currently has 1 director, Mr Michael Taylor serving since Apr 2003.
single source storage services limited company details
company number
04723705
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
c/o edwards chartered, accountants, 34 high street, aldridge, walsall, west midlands, WS9 8LZ
Bank
-
Legal Advisor
-
single source storage 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 found 1 charges/mortgages relating to single source storage services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
single source storage services 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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single source storage services limitedCompanies House Filings - See Documents
