the skills partnership limited

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the skills partnership limited Company Information

Share THE SKILLS PARTNERSHIP LIMITED

Company Number

04952876

Shareholders

michael joseph bourke

jeanette mary rosato

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

morris owen house, 43-45 devizes road, swindon, wiltshire, SN1 4BG

the skills partnership limited Estimated Valuation

£833.5k

Pomanda estimates the enterprise value of THE SKILLS PARTNERSHIP LIMITED at £833.5k based on a Turnover of £1.5m and 0.56x industry multiple (adjusted for size and gross margin).

the skills partnership limited Estimated Valuation

£27.6k

Pomanda estimates the enterprise value of THE SKILLS PARTNERSHIP LIMITED at £27.6k based on an EBITDA of £6.7k and a 4.13x industry multiple (adjusted for size and gross margin).

the skills partnership limited Estimated Valuation

£726.6k

Pomanda estimates the enterprise value of THE SKILLS PARTNERSHIP LIMITED at £726.6k based on Net Assets of £340.6k and 2.13x industry multiple (adjusted for liquidity).

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The Skills Partnership Limited Overview

The Skills Partnership Limited is a live company located in swindon, SN1 4BG with a Companies House number of 04952876. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2003, it's largest shareholder is michael joseph bourke with a 15% stake. The Skills Partnership Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.

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The Skills Partnership Limited Health Check

Pomanda's financial health check has awarded The Skills Partnership Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£4.6m)

£1.5m - The Skills Partnership Limited

£4.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (9.3%)

-4% - The Skills Partnership Limited

9.3% - Industry AVG

production

Production

with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)

38.5% - The Skills Partnership Limited

38.5% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (5.6%)

0.2% - The Skills Partnership Limited

5.6% - Industry AVG

employees

Employees

with 21 employees, this is similar to the industry average (26)

21 - The Skills Partnership Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)

£52.9k - The Skills Partnership Limited

£52.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £70.4k, this is less efficient (£166.9k)

£70.4k - The Skills Partnership Limited

£166.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is earlier than average (37 days)

22 days - The Skills Partnership Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (31 days)

6 days - The Skills Partnership Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Skills Partnership Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 371 weeks, this is more cash available to meet short term requirements (24 weeks)

371 weeks - The Skills Partnership Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 10.4%, this is a lower level of debt than the average (59.8%)

10.4% - The Skills Partnership Limited

59.8% - Industry AVG

THE SKILLS PARTNERSHIP LIMITED financials

EXPORTms excel logo

The Skills Partnership Limited's latest turnover from November 2024 is estimated at £1.5 million and the company has net assets of £340.6 thousand. According to their latest financial statements, The Skills Partnership Limited has 21 employees and maintains cash reserves of £279.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover1,477,5181,407,6281,415,5521,672,1231,886,3471,888,4702,281,4632,297,8371,555,2132,054,1762,318,4292,110,8371,189,4461,695,1234,053,183
Other Income Or Grants
Cost Of Sales908,509873,925872,4681,053,5001,175,7231,180,8601,431,5841,413,136958,4631,300,2551,479,9931,356,869743,7921,043,6202,426,182
Gross Profit569,009533,704543,084618,624710,624707,609849,879884,702596,750753,920838,435753,968445,654651,5031,627,001
Admin Expenses565,856584,191617,114633,111632,564707,002847,016879,094593,040748,810828,754732,761456,945616,6711,085,68677,163
Operating Profit3,153-50,487-74,030-14,48778,0606072,8635,6083,7105,1109,68121,207-11,29134,832541,315-77,163
Interest Payable
Interest Receivable12,25213,7289,6943633612,3431,9911,3641,0202,6672,8142,0371,2451,5141,213322
Pre-Tax Profit15,405-36,759-64,336-14,12478,4212,9514,8546,9724,7307,77812,49523,244-10,04636,346542,528-76,841
Tax-3,851-14,900-561-922-1,325-946-1,555-2,624-5,346-9,450-151,908
Profit After Tax11,554-36,759-64,336-14,12463,5212,3903,9325,6473,7846,2229,87117,898-10,04626,896390,620-76,841
Dividends Paid
Retained Profit11,554-36,759-64,336-14,12463,5212,3903,9325,6473,7846,2229,87117,898-10,04626,896390,620-76,841
Employee Costs1,110,742978,7221,145,1971,294,4441,428,3451,417,7471,497,9841,409,046458,167570,313642,296596,374369,409472,3751,169,143
Number Of Employees212025303434383712151716101333
EBITDA*6,693-46,947-68,727-8,49683,0484,3046,3836,78414,11816,50822,77428,7741,84347,331557,653-63,211

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets5,7657,73510,78711,21513,52712,79411,2258,3559,88821,97025,04322,68714,76621,94624,09825,106
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5,7657,73510,78711,21513,52712,79411,2258,3559,88821,97025,04322,68714,76621,94624,09825,106
Stock & work in progress
Trade Debtors91,857117,49484,911135,786114,986124,951196,099229,984282,909205,533217,016182,148177,321245,432539,902241,142
Group Debtors
Misc Debtors2,54220,92210,94010,45612,5809,88210,4069,75311,460
Cash279,788210,306312,668333,580391,812330,579294,306236,688308,953507,235559,591565,844249,104248,987356,545128,607
misc current assets
total current assets374,187348,722408,519479,822519,378465,412500,811476,425603,322712,768776,607747,992426,425494,419896,447369,749
total assets379,952356,457419,306491,037532,905478,206512,036484,780613,210734,738801,650770,679441,191516,365920,545394,855
Bank overdraft
Bank loan
Trade Creditors 15,86914,37524,70314,27726,96913,33424,90136,28941,169365,634438,221417,675107,523171,592602,212467,158
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities23,30912,48727,66945,40960,02282,618106,78172,577201,513
total current liabilities39,17826,86252,37259,68686,99195,952131,682108,866242,682365,634438,221417,675107,523171,592602,212467,158
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1455201,1001,1811,6201,4811,9711,4631,7244,0844,6314,0772,6393,6984,1544,138
total long term liabilities1455201,1001,1811,6201,4811,9711,4631,7244,0844,6314,0772,6393,6984,1544,138
total liabilities39,32327,38253,47260,86788,61197,433133,653110,329244,406369,718442,852421,752110,162175,290606,366471,296
net assets340,629329,075365,834430,170444,294380,773378,383374,451368,804365,020358,798348,927331,029341,075314,179-76,441
total shareholders funds340,629329,075365,834430,170444,294380,773378,383374,451368,804365,020358,798348,927331,029341,075314,179-76,441
Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit3,153-50,487-74,030-14,48778,0606072,8635,6083,7105,1109,68121,207-11,29134,832541,315-77,163
Depreciation3,5403,5405,3035,9914,9883,6973,5201,17610,40811,39813,0937,56713,13412,49916,33813,952
Amortisation
Tax-3,851-14,900-561-922-1,325-946-1,555-2,624-5,346-9,450-151,908
Stock
Debtors-44,01742,565-50,39118,676-7,267-71,672-33,232-54,63288,836-11,48334,8684,827-68,111-294,470298,760241,142
Creditors1,494-10,32810,426-12,69213,635-11,567-11,388-4,880-324,465-72,58720,546310,152-64,069-430,620135,054467,158
Accruals and Deferred Income10,822-15,182-17,740-14,613-22,596-24,16334,204-128,936201,513
Deferred Taxes & Provisions-375-580-81-439139-490508-261-2,360-5475541,438-1,059-456164,138
Cash flow from operations58,800-115,602-25,731-54,91666,59339,19562,017-73,986-200,976-46,6986,382330,1914,826-98,725242,055166,943
Investing Activities
capital expenditure-1,570-488-4,875-3,679-5,721-5,266-6,3903571,674-8,325-15,449-15,488-5,954-10,347-15,330-39,058
Change in Investments
cash flow from investments-1,570-488-4,875-3,679-5,721-5,266-6,3903571,674-8,325-15,449-15,488-5,954-10,347-15,330-39,058
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue400
interest12,25213,7289,6943633612,3431,9911,3641,0202,6672,8142,0371,2451,5141,213322
cash flow from financing12,25213,7289,6943633612,3431,9911,3641,0202,6672,8142,0371,2451,5141,213722
cash and cash equivalents
cash69,482-102,362-20,912-58,23261,23336,27357,618-72,265-198,282-52,356-6,253316,740117-107,558227,938128,607
overdraft
change in cash69,482-102,362-20,912-58,23261,23336,27357,618-72,265-198,282-52,356-6,253316,740117-107,558227,938128,607

the skills partnership limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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The Skills Partnership Limited Competitor Analysis

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Perform a competitor analysis for the skills partnership limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SN1 area or any other competitors across 12 key performance metrics.

the skills partnership limited Ownership

THE SKILLS PARTNERSHIP LIMITED group structure

The Skills Partnership Limited has no subsidiary companies.

Ultimate parent company

THE SKILLS PARTNERSHIP LIMITED

04952876

THE SKILLS PARTNERSHIP LIMITED Shareholders

michael joseph bourke 15%
jeanette mary rosato 15%
david alan saunders 15%
james bishop 15%
moyra glynis blake 15%
jennifer beryl bourke 15%
samuel bourke 10%

the skills partnership limited directors

The Skills Partnership Limited currently has 6 directors. The longest serving directors include Mr Michael Bourke (Nov 2003) and Mr David Saunders (Nov 2003).

officercountryagestartendrole
Mr Michael Bourke78 years Nov 2003- Director
Mr David Saunders75 years Nov 2003- Director
Mrs Moyra Blake75 years Nov 2009- Director
Mrs Jennifer BourkeEngland72 years Nov 2009- Director
Ms Jeanette RosatoUnited Kingdom66 years May 2022- Director
Mr James BishopUnited Kingdom52 years May 2022- Director

P&L

November 2024

turnover

1.5m

+5%

operating profit

3.2k

0%

gross margin

38.6%

+1.57%

turnover

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

Balance Sheet

November 2024

net assets

340.6k

+0.04%

total assets

380k

+0.07%

cash

279.8k

+0.33%

net assets

Total assets minus all liabilities

the skills partnership limited company details

company number

04952876

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

November 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

November 2024

previous names

N/A

accountant

MORRIS OWEN

auditor

-

address

morris owen house, 43-45 devizes road, swindon, wiltshire, SN1 4BG

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

the skills partnership 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 the skills partnership limited. Currently there are 1 open charges and 0 have been satisfied in the past.

the skills partnership 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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the skills partnership limited Companies House Filings - See Documents

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