springwell roofing limited Company Information
Company Number
05238474
Website
-Registered Address
mount lodge mount lane, springwell village, gateshead, tyne & wear, NE9 7UQ
Industry
Roofing activities
Telephone
01914162630
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
glyn j. walker 40%
sandra walker 30%
View Allspringwell roofing limited Estimated Valuation
Pomanda estimates the enterprise value of SPRINGWELL ROOFING LIMITED at £157.3k based on a Turnover of £353.1k and 0.45x industry multiple (adjusted for size and gross margin).
springwell roofing limited Estimated Valuation
Pomanda estimates the enterprise value of SPRINGWELL ROOFING LIMITED at £675.7k based on an EBITDA of £222.2k and a 3.04x industry multiple (adjusted for size and gross margin).
springwell roofing limited Estimated Valuation
Pomanda estimates the enterprise value of SPRINGWELL ROOFING LIMITED at £3.2m based on Net Assets of £1.4m and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Springwell Roofing Limited Overview
Springwell Roofing Limited is a live company located in gateshead, NE9 7UQ with a Companies House number of 05238474. It operates in the roofing activities sector, SIC Code 43910. Founded in September 2004, it's largest shareholder is glyn j. walker with a 40% stake. Springwell Roofing Limited is a mature, micro sized company, Pomanda has estimated its turnover at £353.1k with declining growth in recent years.
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Springwell Roofing Limited Health Check
Pomanda's financial health check has awarded Springwell Roofing Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £353.1k, make it smaller than the average company (£634.7k)
- Springwell Roofing Limited
£634.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.8%)
- Springwell Roofing Limited
6.8% - Industry AVG
Production
with a gross margin of 26.5%, this company has a comparable cost of product (26.5%)
- Springwell Roofing Limited
26.5% - Industry AVG
Profitability
an operating margin of 53.6% make it more profitable than the average company (8.3%)
- Springwell Roofing Limited
8.3% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
6 - Springwell Roofing Limited
6 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
- Springwell Roofing Limited
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £58.8k, this is less efficient (£186.8k)
- Springwell Roofing Limited
£186.8k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (53 days)
- Springwell Roofing Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (44 days)
- Springwell Roofing Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (15 days)
- Springwell Roofing Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 867 weeks, this is more cash available to meet short term requirements (19 weeks)
867 weeks - Springwell Roofing Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.6%, this is a lower level of debt than the average (63.1%)
6.6% - Springwell Roofing Limited
63.1% - Industry AVG
SPRINGWELL ROOFING LIMITED financials
Springwell Roofing Limited's latest turnover from March 2023 is estimated at £353.1 thousand and the company has net assets of £1.4 million. According to their latest financial statements, Springwell Roofing Limited has 6 employees and maintains cash reserves of £959.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 6 | 6 | 5 | 5 | 5 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 212,793 | 142,463 | 155,275 | 150,637 | 120,724 | 128,609 | 101,211 | 134,039 | 119,762 | 81,114 | 88,707 | 93,427 | 99,110 | 107,198 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 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 |
Total Fixed Assets | 462,793 | 392,463 | 405,275 | 400,637 | 370,724 | 378,609 | 101,211 | 134,039 | 119,762 | 81,114 | 88,707 | 93,427 | 99,110 | 107,198 |
Stock & work in progress | 1,000 | 11,000 | 12,100 | 31,750 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
Trade Debtors | 44,198 | 55,172 | 62,170 | 46,744 | 72,942 | 33,840 | 98,160 | 59,114 | 127,294 | 11,059 | 5,023 | 40,199 | 80,294 | 34,244 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 8,972 | 3,288 | 4,120 | 3,656 | 4,046 | 1,236 | 6,280 | 1,677 | 53,993 | 38,959 | 24,606 | 12,085 | 0 | 0 |
Cash | 959,254 | 899,370 | 673,916 | 607,149 | 363,423 | 276,753 | 462,624 | 423,376 | 188,131 | 241,072 | 234,700 | 162,409 | 122,145 | 331,070 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,013,424 | 968,830 | 752,306 | 689,299 | 441,411 | 312,829 | 568,064 | 485,167 | 370,418 | 292,090 | 265,329 | 215,693 | 203,439 | 366,314 |
total assets | 1,476,217 | 1,361,293 | 1,157,581 | 1,089,936 | 812,135 | 691,438 | 669,275 | 619,206 | 490,180 | 373,204 | 354,036 | 309,120 | 302,549 | 473,512 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 13,300 | 39,445 | 31,840 | 13,316 | 51,467 | 2,465 | 9,754 | 62,542 | 91,070 | 61,008 | 58,461 | 31,948 | 31,153 | 40,456 |
Group/Directors Accounts | 0 | 0 | 40,346 | 0 | 50,840 | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 44,212 | 91,384 | 35,681 | 147,198 | 26,931 | 80,324 | 141,581 | 128,162 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 57,512 | 130,829 | 107,867 | 160,514 | 129,238 | 82,789 | 151,335 | 190,704 | 91,070 | 61,008 | 58,461 | 31,948 | 31,153 | 40,456 |
loans | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 40,430 | 37,534 | 29,502 | 28,621 | 22,938 | 24,437 | 20,242 | 26,808 | 23,952 | 16,223 | 16,342 | 3,170 | 15,091 | 13,778 |
total long term liabilities | 40,430 | 37,534 | 29,502 | 28,621 | 22,938 | 24,437 | 20,242 | 26,808 | 23,952 | 16,223 | 16,342 | 3,170 | 15,091 | 13,778 |
total liabilities | 97,942 | 168,363 | 137,369 | 189,135 | 152,176 | 107,226 | 171,577 | 217,512 | 115,022 | 77,231 | 74,803 | 35,118 | 46,244 | 54,234 |
net assets | 1,378,275 | 1,192,930 | 1,020,212 | 900,801 | 659,959 | 584,212 | 497,698 | 401,694 | 375,158 | 295,973 | 279,233 | 274,002 | 256,305 | 419,278 |
total shareholders funds | 1,378,275 | 1,192,930 | 1,020,212 | 900,801 | 659,959 | 584,212 | 497,698 | 401,694 | 375,158 | 295,973 | 279,233 | 274,002 | 256,305 | 419,278 |
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 | 32,912 | 23,040 | 28,303 | 19,159 | 23,970 | 15,644 | 24,011 | 33,793 | 28,399 | 20,350 | 21,747 | 22,574 | 22,982 | 24,138 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,000 |
Tax | ||||||||||||||
Stock | -10,000 | -1,100 | -19,650 | 30,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
Debtors | -5,290 | -7,830 | 15,890 | -26,588 | 41,912 | -69,364 | 43,649 | -120,496 | 131,269 | 20,389 | -22,655 | -28,010 | 46,050 | 34,244 |
Creditors | -26,145 | 7,605 | 18,524 | -38,151 | 49,002 | -7,289 | -52,788 | -28,528 | 30,062 | 2,547 | 26,513 | 795 | -9,303 | 40,456 |
Accruals and Deferred Income | -47,172 | 55,703 | -111,517 | 120,267 | -53,393 | -61,257 | 13,419 | 128,162 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 2,896 | 8,032 | 881 | 5,683 | -1,499 | 4,195 | -6,566 | 2,856 | 7,729 | -119 | 13,172 | -11,921 | 1,313 | 13,778 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -40,346 | 40,346 | -50,840 | 50,840 | 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 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 59,884 | 225,454 | 66,767 | 243,726 | 86,670 | -185,871 | 39,248 | 235,245 | -52,941 | 6,372 | 72,291 | 40,264 | -208,925 | 331,070 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 59,884 | 225,454 | 66,767 | 243,726 | 86,670 | -185,871 | 39,248 | 235,245 | -52,941 | 6,372 | 72,291 | 40,264 | -208,925 | 331,070 |
springwell roofing limited Credit Report and Business Information
Springwell Roofing Limited Competitor Analysis
Perform a competitor analysis for springwell roofing limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NE9 area or any other competitors across 12 key performance metrics.
springwell roofing limited Ownership
SPRINGWELL ROOFING LIMITED group structure
Springwell Roofing Limited has no subsidiary companies.
Ultimate parent company
SPRINGWELL ROOFING LIMITED
05238474
springwell roofing limited directors
Springwell Roofing Limited currently has 2 directors. The longest serving directors include Mr Joseph Walker (Mar 2005) and Mr Glyn Walker (Jun 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Joseph Walker | United Kingdom | 82 years | Mar 2005 | - | Director |
Mr Glyn Walker | 44 years | Jun 2010 | - | Director |
P&L
March 2023turnover
353.1k
-11%
operating profit
189.3k
0%
gross margin
26.6%
-7.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.4m
+0.16%
total assets
1.5m
+0.08%
cash
959.3k
+0.07%
net assets
Total assets minus all liabilities
springwell roofing limited company details
company number
05238474
Type
Private limited with Share Capital
industry
43910 - Roofing activities
incorporation date
September 2004
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
shark 25 limited (April 2005)
accountant
-
auditor
-
address
mount lodge mount lane, springwell village, gateshead, tyne & wear, NE9 7UQ
Bank
-
Legal Advisor
-
springwell roofing 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 springwell roofing limited.
springwell roofing limited Companies House Filings - See Documents
date | description | view/download |
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