storrington industries limited
storrington industries limited Company Information
Company Number
05357031
Next Accounts
Nov 2025
Shareholders
storrington equityco ltd
Group Structure
View All
Industry
Activities of head offices
Registered Address
unit 1, water lane industrial, estate, storrington, west sussex, RH20 3EA
Website
http://lbsstone.co.ukstorrington industries limited Estimated Valuation
Pomanda estimates the enterprise value of STORRINGTON INDUSTRIES LIMITED at £462.5k based on a Turnover of £454k and 1.02x industry multiple (adjusted for size and gross margin).
storrington industries limited Estimated Valuation
Pomanda estimates the enterprise value of STORRINGTON INDUSTRIES LIMITED at £2.9m based on an EBITDA of £368k and a 7.83x industry multiple (adjusted for size and gross margin).
storrington industries limited Estimated Valuation
Pomanda estimates the enterprise value of STORRINGTON INDUSTRIES LIMITED at £38.6m based on Net Assets of £18m and 2.14x industry multiple (adjusted for liquidity).
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Storrington Industries Limited Overview
Storrington Industries Limited is a live company located in west sussex, RH20 3EA with a Companies House number of 05357031. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2005, it's largest shareholder is storrington equityco ltd with a 100% stake. Storrington Industries Limited is a mature, micro sized company, Pomanda has estimated its turnover at £454k with declining growth in recent years.
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Storrington Industries Limited Health Check
Pomanda's financial health check has awarded Storrington Industries Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
4 Weak
Size
annual sales of £454k, make it smaller than the average company (£21m)
£454k - Storrington Industries Limited
£21m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (8.6%)
-16% - Storrington Industries Limited
8.6% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (33.4%)
100% - Storrington Industries Limited
33.4% - Industry AVG
Profitability
an operating margin of 81.1% make it more profitable than the average company (5.7%)
81.1% - Storrington Industries Limited
5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (114)
3 - Storrington Industries Limited
114 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Storrington Industries Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £151.3k, this is less efficient (£197.4k)
£151.3k - Storrington Industries Limited
£197.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Storrington Industries Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Storrington Industries Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Storrington Industries Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Storrington Industries Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.9%, this is a lower level of debt than the average (54.5%)
18.9% - Storrington Industries Limited
54.5% - Industry AVG
STORRINGTON INDUSTRIES LIMITED financials
Storrington Industries Limited's latest turnover from February 2024 is £454 thousand and the company has net assets of £18 million. According to their latest financial statements, Storrington Industries Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 454,000 | 727,000 | 741,000 | 756,000 | 754,000 | 1,109,000 | 1,119,000 | 1,696,000 | 1,158,000 | 2,217,000 | 37,284,000 | 41,393,000 | 40,761,000 | 31,814,000 | 24,441,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 0 | 0 | 0 | 26,617,000 | 30,523,000 | 29,570,000 | 21,851,000 | 16,472,000 | |||||||
| Gross Profit | 454,000 | 727,000 | 741,000 | 10,667,000 | 10,870,000 | 11,191,000 | 9,963,000 | 7,969,000 | |||||||
| Admin Expenses | 86,000 | 31,000 | 666,000 | 5,147,000 | 4,957,000 | 5,404,000 | 4,565,000 | 4,040,000 | |||||||
| Operating Profit | 368,000 | 696,000 | 75,000 | 160,000 | 469,000 | 693,000 | 925,000 | 1,545,000 | 1,010,000 | 1,364,000 | 5,520,000 | 5,913,000 | 5,787,000 | 5,398,000 | 3,929,000 |
| Interest Payable | 58,000 | 58,000 | 49,000 | 54,000 | 97,000 | 98,000 | 105,000 | 124,000 | 165,000 | 148,000 | 191,000 | 354,000 | 486,000 | 980,000 | 999,000 |
| Interest Receivable | 0 | 129,000 | 0 | 3,000,000 | 3,000,000 | 3,000,000 | 0 | 0 | 0 | 16,000 | 6,000 | 2,000 | 4,000 | 0 | 8,000 |
| Pre-Tax Profit | 5,310,000 | 5,767,000 | 3,026,000 | 3,106,000 | 3,524,000 | 3,595,000 | 3,820,000 | 3,377,000 | 3,845,000 | 3,214,000 | 4,979,000 | 5,561,000 | 6,104,000 | 4,363,000 | 1,267,000 |
| Tax | 84,000 | 181,000 | -212,000 | -62,000 | -73,000 | -78,000 | -112,000 | -91,000 | -75,000 | -258,000 | -442,000 | -614,000 | -985,000 | -882,000 | -409,000 |
| Profit After Tax | 5,394,000 | 5,948,000 | 2,814,000 | 3,044,000 | 3,451,000 | 3,517,000 | 3,708,000 | 3,286,000 | 3,770,000 | 2,956,000 | 4,537,000 | 4,947,000 | 5,119,000 | 3,481,000 | 858,000 |
| Dividends Paid | 5,000,000 | 5,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 9,000,000 | 200,000 | 64,000 | 0 | 0 | 444,000 |
| Retained Profit | 394,000 | 948,000 | -186,000 | 44,000 | 451,000 | 517,000 | 708,000 | 286,000 | 770,000 | -6,044,000 | 4,337,000 | 4,883,000 | 5,119,000 | 3,481,000 | 414,000 |
| Employee Costs | 0 | 544,000 | 507,000 | 349,000 | 373,000 | 11,525,000 | 11,613,000 | 11,637,000 | 9,339,000 | 7,812,000 | |||||
| Number Of Employees | 3 | 5 | 5 | 3 | 3 | 3 | 3 | 3 | 3 | 374 | 379 | 379 | 318 | 260 | |
| EBITDA* | 368,000 | 696,000 | 75,000 | 160,000 | 469,000 | 693,000 | 925,000 | 1,545,000 | 1,010,000 | 1,447,000 | 6,867,000 | 7,298,000 | 7,158,000 | 6,557,000 | 5,030,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,186,000 | 10,354,000 | 8,625,000 | 8,621,000 | 6,510,000 | 5,689,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,283,000 | 5,763,000 | 6,243,000 | 6,723,000 | 7,203,000 |
| Investments & Other | 20,440,000 | 20,440,000 | 20,440,000 | 20,440,000 | 20,218,000 | 20,027,000 | 21,278,000 | 20,985,000 | 21,740,000 | 15,439,000 | 2,859,000 | 2,494,000 | 2,148,000 | 450,000 | 4,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 20,440,000 | 20,440,000 | 20,440,000 | 20,440,000 | 20,218,000 | 20,027,000 | 21,278,000 | 20,985,000 | 21,740,000 | 20,625,000 | 18,496,000 | 16,882,000 | 17,012,000 | 13,683,000 | 12,896,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,998,000 | 6,259,000 | 6,983,000 | 8,027,000 | 4,974,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,484,000 | 7,669,000 | 6,709,000 | 5,352,000 | 5,089,000 |
| Group Debtors | 1,790,000 | 1,921,000 | 1,706,000 | 2,054,000 | 2,609,000 | 2,989,000 | 1,609,000 | 2,030,000 | 1,562,000 | 2,097,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 148,000 | 221,000 | 0 | 200,000 | 0 | 1,000 | 516,000 | 1,365,000 | 1,502,000 | 1,436,000 | 812,000 | 857,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,160,000 | 1,621,000 | 321,000 | 1,105,000 | 557,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,790,000 | 1,921,000 | 1,706,000 | 2,202,000 | 2,830,000 | 2,989,000 | 1,809,000 | 2,030,000 | 1,563,000 | 2,613,000 | 17,007,000 | 17,051,000 | 15,449,000 | 15,296,000 | 11,477,000 |
| total assets | 22,230,000 | 22,361,000 | 22,146,000 | 22,642,000 | 23,048,000 | 23,016,000 | 23,087,000 | 23,015,000 | 23,303,000 | 23,238,000 | 35,503,000 | 33,933,000 | 32,461,000 | 28,979,000 | 24,373,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 520,000 | 520,000 | 520,000 | 520,000 | 367,000 | 666,000 | 666,000 | 666,000 | 667,000 | 183,000 | 1,647,000 | 1,731,000 | 1,837,000 | 52,000 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,369,000 | 1,696,000 | 2,341,000 | 2,796,000 | 2,072,000 |
| Group/Directors Accounts | 3,154,000 | 3,226,000 | 3,226,000 | 3,226,000 | 3,226,000 | 3,226,000 | 3,236,000 | 3,154,000 | 3,154,000 | 3,175,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47,000 | 60,000 | 12,000 | 48,000 | 21,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 203,000 | 217,000 | 277,000 | 86,000 | 155,000 |
| other current liabilities | 98,000 | 31,000 | 244,000 | 200,000 | 186,000 | 112,000 | 23,000 | 104,000 | 21,000 | 36,000 | 2,149,000 | 1,627,000 | 2,397,000 | 3,515,000 | 2,685,000 |
| total current liabilities | 3,252,000 | 3,777,000 | 3,990,000 | 3,946,000 | 3,932,000 | 3,705,000 | 3,925,000 | 3,924,000 | 3,841,000 | 3,878,000 | 3,951,000 | 5,247,000 | 6,758,000 | 8,282,000 | 4,985,000 |
| loans | 260,000 | 260,000 | 780,000 | 1,300,000 | 1,820,000 | 2,466,000 | 2,834,000 | 3,501,000 | 4,167,000 | 4,833,000 | 2,362,000 | 3,560,000 | 6,106,000 | 6,695,000 | 5,638,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91,000 | 301,000 | 426,000 | 96,000 | 177,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,358,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 693,000 | 693,000 | 693,000 | 527,000 | 471,000 | 471,000 | 471,000 | 441,000 | 432,000 | 434,000 | 2,863,000 | 2,392,000 | 1,896,000 | 1,818,000 | 605,000 |
| total long term liabilities | 953,000 | 953,000 | 1,473,000 | 1,827,000 | 2,291,000 | 2,937,000 | 3,305,000 | 3,942,000 | 4,599,000 | 5,267,000 | 5,316,000 | 6,253,000 | 8,428,000 | 8,609,000 | 7,778,000 |
| total liabilities | 4,205,000 | 4,730,000 | 5,463,000 | 5,773,000 | 6,223,000 | 6,642,000 | 7,230,000 | 7,866,000 | 8,440,000 | 9,145,000 | 9,267,000 | 11,500,000 | 15,186,000 | 16,891,000 | 12,763,000 |
| net assets | 18,025,000 | 17,631,000 | 16,683,000 | 16,869,000 | 16,825,000 | 16,374,000 | 15,857,000 | 15,149,000 | 14,863,000 | 14,093,000 | 26,236,000 | 22,433,000 | 17,275,000 | 12,088,000 | 11,610,000 |
| total shareholders funds | 18,025,000 | 17,631,000 | 16,683,000 | 16,869,000 | 16,825,000 | 16,374,000 | 15,857,000 | 15,149,000 | 14,863,000 | 14,093,000 | 26,236,000 | 22,433,000 | 17,275,000 | 12,088,000 | 11,610,000 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 368,000 | 696,000 | 75,000 | 160,000 | 469,000 | 693,000 | 925,000 | 1,545,000 | 1,010,000 | 1,364,000 | 5,520,000 | 5,913,000 | 5,787,000 | 5,398,000 | 3,929,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83,000 | 867,000 | 905,000 | 891,000 | 679,000 | 621,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 480,000 | 480,000 | 480,000 | 480,000 | 480,000 |
| Tax | 84,000 | 181,000 | -212,000 | -62,000 | -73,000 | -78,000 | -112,000 | -91,000 | -75,000 | -258,000 | -442,000 | -614,000 | -985,000 | -882,000 | -409,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,998,000 | 739,000 | -724,000 | -1,044,000 | 3,053,000 | 4,974,000 |
| Debtors | -131,000 | 215,000 | -496,000 | -628,000 | -159,000 | 1,180,000 | -221,000 | 467,000 | -1,050,000 | -6,236,000 | -322,000 | 1,026,000 | 1,981,000 | 218,000 | 5,946,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,369,000 | -327,000 | -645,000 | -455,000 | 724,000 | 2,072,000 |
| Accruals and Deferred Income | 67,000 | -213,000 | 44,000 | 14,000 | 74,000 | 89,000 | -81,000 | 83,000 | -15,000 | -2,113,000 | 522,000 | -770,000 | -1,118,000 | -528,000 | 4,043,000 |
| Deferred Taxes & Provisions | 0 | 0 | 166,000 | 56,000 | 0 | 0 | 30,000 | 9,000 | -2,000 | -2,429,000 | 471,000 | 496,000 | 78,000 | 1,213,000 | 605,000 |
| Cash flow from operations | 650,000 | 449,000 | 569,000 | 796,000 | 629,000 | -476,000 | 983,000 | 1,079,000 | 1,968,000 | 8,512,000 | 6,674,000 | 5,463,000 | 3,741,000 | 3,813,000 | 421,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -3,646,000 | -1,080,000 | -3,290,000 | -2,151,000 | -1,401,000 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 222,000 | 191,000 | -1,251,000 | 293,000 | -755,000 | 6,301,000 | 12,580,000 | 365,000 | 346,000 | 1,698,000 | 446,000 | 4,000 |
| cash flow from investments | -4,011,000 | -1,426,000 | -4,988,000 | -2,597,000 | -1,405,000 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -520,000 | 0 | 0 | 0 | 153,000 | -299,000 | 0 | 0 | -1,000 | 484,000 | -1,464,000 | -84,000 | -106,000 | 1,785,000 | 52,000 |
| Group/Directors Accounts | -72,000 | 0 | 0 | 0 | 0 | -10,000 | 82,000 | 0 | -21,000 | 3,175,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47,000 | -13,000 | 48,000 | -36,000 | 27,000 | 21,000 |
| Long term loans | 0 | -520,000 | -520,000 | -520,000 | -646,000 | -368,000 | -667,000 | -666,000 | -666,000 | 2,471,000 | -1,198,000 | -2,546,000 | -589,000 | 1,057,000 | 5,638,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -294,000 | -224,000 | -185,000 | 521,000 | -150,000 | 332,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -58,000 | 71,000 | -49,000 | 2,946,000 | 2,903,000 | 2,902,000 | -105,000 | -124,000 | -165,000 | -132,000 | -185,000 | -352,000 | -482,000 | -980,000 | -991,000 |
| cash flow from financing | -650,000 | -449,000 | -569,000 | 2,426,000 | 2,410,000 | 2,225,000 | -690,000 | -790,000 | -853,000 | -442,000 | -3,618,000 | -2,844,000 | -624,000 | -1,264,000 | 16,248,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,160,000 | -461,000 | 1,300,000 | -784,000 | 548,000 | 557,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,160,000 | -461,000 | 1,300,000 | -784,000 | 548,000 | 557,000 |
storrington industries limited Credit Report and Business Information
Storrington Industries Limited Competitor Analysis
Perform a competitor analysis for storrington industries limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RH20 area or any other competitors across 12 key performance metrics.
storrington industries limited Ownership
STORRINGTON INDUSTRIES LIMITED group structure
Storrington Industries Limited has 1 subsidiary company.
Ultimate parent company
1 parent
STORRINGTON INDUSTRIES LIMITED
05357031
1 subsidiary
storrington industries limited directors
Storrington Industries Limited currently has 3 directors. The longest serving directors include Dr James Ramage (Feb 2005) and Dr Michael Begg (Feb 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr James Ramage | 73 years | Feb 2005 | - | Director | |
| Dr Michael Begg | United Kingdom | 65 years | Feb 2005 | - | Director |
| Prof Stephen Williamson | 76 years | Sep 2009 | - | Director |
P&L
February 2024turnover
454k
-38%
operating profit
368k
-47%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
18m
+0.02%
total assets
22.2m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
storrington industries limited company details
company number
05357031
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
February 2005
age
20
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
N/A
accountant
KRESTON REEVES LLP
auditor
-
address
unit 1, water lane industrial, estate, storrington, west sussex, RH20 3EA
Bank
HSBC BANK PLC
Legal Advisor
-
storrington industries 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 4 charges/mortgages relating to storrington industries limited. Currently there are 1 open charges and 3 have been satisfied in the past.
storrington industries 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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storrington industries limited Companies House Filings - See Documents
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