slayco limited

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slayco limited Company Information

Share SLAYCO LIMITED

Company Number

05631734

Shareholders

trustees of the slayco pension trust

jon william slater

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Group Structure

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Industry

Construction of commercial buildings

 

Registered Address

unit 16 faraday close, washington, NE38 8QJ

slayco limited Estimated Valuation

£591.3k

Pomanda estimates the enterprise value of SLAYCO LIMITED at £591.3k based on a Turnover of £1.9m and 0.32x industry multiple (adjusted for size and gross margin).

slayco limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SLAYCO LIMITED at £0 based on an EBITDA of £-7.7k and a 3.31x industry multiple (adjusted for size and gross margin).

slayco limited Estimated Valuation

£229.3k

Pomanda estimates the enterprise value of SLAYCO LIMITED at £229.3k based on Net Assets of £151.6k and 1.51x industry multiple (adjusted for liquidity).

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Slayco Limited Overview

Slayco Limited is a live company located in washington, NE38 8QJ with a Companies House number of 05631734. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in November 2005, it's largest shareholder is trustees of the slayco pension trust with a 75.9% stake. Slayco Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.

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Slayco Limited Health Check

Pomanda's financial health check has awarded Slayco Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

9 Weak

size

Size

annual sales of £1.9m, make it smaller than the average company (£12.1m)

£1.9m - Slayco Limited

£12.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.5%)

5% - Slayco Limited

7.5% - Industry AVG

production

Production

with a gross margin of 15.9%, this company has a comparable cost of product (15.9%)

15.9% - Slayco Limited

15.9% - Industry AVG

profitability

Profitability

an operating margin of -1.1% make it less profitable than the average company (4.5%)

-1.1% - Slayco Limited

4.5% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (33)

8 - Slayco Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.1k, the company has an equivalent pay structure (£55.1k)

£55.1k - Slayco Limited

£55.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £233.6k, this is less efficient (£362.1k)

£233.6k - Slayco Limited

£362.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is earlier than average (46 days)

25 days - Slayco Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is quicker than average (39 days)

35 days - Slayco Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 92 days, this is more than average (19 days)

92 days - Slayco Limited

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)

0 weeks - Slayco Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.8%, this is a higher level of debt than the average (67.9%)

75.8% - Slayco Limited

67.9% - Industry AVG

SLAYCO LIMITED financials

EXPORTms excel logo

Slayco Limited's latest turnover from December 2023 is estimated at £1.9 million and the company has net assets of £151.6 thousand. According to their latest financial statements, Slayco Limited has 8 employees and maintains cash reserves of £960 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,868,5331,869,5481,880,7291,592,6411,909,5061,919,4551,683,1061,347,7302,445,2274,971,4242,081,9341,916,0062,248,2672,077,412
Other Income Or Grants
Cost Of Sales1,572,2511,578,8041,592,4921,358,0841,604,4501,614,5331,413,5991,138,4312,113,2344,314,6601,810,1321,670,3491,933,9671,760,235
Gross Profit296,282290,744288,237234,557305,056304,923269,507209,299331,993656,764271,802245,657314,300317,176
Admin Expenses316,661124,662419,509267,045148,523230,756240,671189,281437,444658,739297,659256,831334,663366,292-302,414
Operating Profit-20,379166,082-131,272-32,488156,53374,16728,83620,018-105,451-1,975-25,857-11,174-20,363-49,116302,414
Interest Payable3,80221,32414,4901,525964927
Interest Receivable2,8742,0421592051,4085311453061766517445772141482
Pre-Tax Profit-21,307146,800-145,603-33,808157,94174,69828,01719,121-104,834-1,310-25,683-10,717-19,642-48,702302,496
Tax-27,892-30,009-14,193-5,323-3,824-84,699
Profit After Tax-21,307118,908-145,603-33,808127,93260,50522,69415,297-104,834-1,310-25,683-10,717-19,642-48,702217,797
Dividends Paid
Retained Profit-21,307118,908-145,603-33,808127,93260,50522,69415,297-104,834-1,310-25,683-10,717-19,642-48,702217,797
Employee Costs440,966430,054457,811249,481253,621292,787234,378314,079294,467660,754318,846274,861386,069347,962
Number Of Employees8895565771687109
EBITDA*-7,703178,186-121,218-22,240167,15285,72641,55629,726-97,2227,416-21,156-7,492-14,655-44,634310,351

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets27,56140,23731,82437,91035,07136,46420,47414,33517,86823,66231,6106,44210,1245,5966,488
Intangible Assets
Investments & Other3,163
Debtors (Due After 1 year)29,40915,003
Total Fixed Assets56,97055,24031,82437,91035,07136,46420,47414,33521,03123,66231,6106,44210,1245,5966,488
Stock & work in progress400,546353,551568,774480,632551,956580,494491,000228,302274,054288,215145,45578,85445,57845,046221,317
Trade Debtors128,120206,613112,498157,377152,549156,471105,40947,080271,016460,773195,676223,779272,850247,915389,833
Group Debtors61,8824,4397,315
Misc Debtors40,5582,76444,241281,758155,038138,15034,5331,026342,05956,43982,38732,30839,25542,530
Cash960108,5268,142119,286291,34484,07657,51562823,650223,25942,59327,120155,782132,70332,755
misc current assets7,6817,681
total current assets570,184679,135741,3361,039,0531,212,769963,630688,457277,036918,094972,247440,163412,140506,518464,919686,435
total assets627,154734,375773,1601,076,9631,247,8401,000,094708,931291,371939,125995,909471,773418,582516,642470,515692,923
Bank overdraft8,1149547,2206,66729,669
Bank loan
Trade Creditors 151,478120,353158,62792,271196,966148,443144,868125,752274,057874,602349,156279,315366,116301,320475,026
Group/Directors Accounts218,860335,88548,61844,2376,39713,805
other short term finances368,936
hp & lease commitments1,1503,4508,9843,097
other current liabilities23,72918,47047,206681,761761,890623,760456,33053,234556,257
total current liabilities402,181475,662630,607781,849962,306825,424607,595222,460830,314877,699349,156279,315366,116301,320475,026
loans24,24734,27237,53843,333
hp & lease commitments1,15018,6735,9369,033
Accruals and Deferred Income
other liabilities45,00045,00045,00045,00045,00045,00053,33845,000101,802
provisions4,0996,5075,9897,1525,9475,4922,9981,605431431431973
total long term liabilities73,34685,77988,52795,48552,09769,16556,33646,605101,8026,3679,464431973
total liabilities475,527561,441719,134877,3341,014,403894,589663,931269,065932,116884,066358,620279,746367,089301,320475,026
net assets151,627172,93454,026199,629233,437105,50545,00022,3067,009111,843113,153138,836149,553169,195217,897
total shareholders funds151,627172,93454,026199,629233,437105,50545,00022,3067,009111,843113,153138,836149,553169,195217,897
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-20,379166,082-131,272-32,488156,53374,16728,83620,018-105,451-1,975-25,857-11,174-20,363-49,116302,414
Depreciation12,67612,10410,05410,24810,61911,55912,7209,7088,2299,3914,7013,6825,7084,4827,937
Amortisation
Tax-27,892-30,009-14,193-5,323-3,824-84,699
Stock46,995-215,22388,142-71,324-28,53889,494262,698-45,752-14,161142,76066,60133,276532-176,271221,317
Debtors-26,29367,641-282,39669,66670,409159,11891,836-572,284159,617208,658-54,0511,00817,988-145,193432,363
Creditors31,125-38,27466,356-104,69548,5233,57519,116-148,305-600,545525,44669,841-86,80164,796-173,706475,026
Accruals and Deferred Income5,259-28,736-634,555-80,129138,130167,430403,096-503,023556,257
Deferred Taxes & Provisions-2,408518-1,1631,2054552,4941,3931,605-431-542973
Cash flow from operations5,571231,384-496,326-204,201282,380-3,580105,304-5,785-287,397181,44436,135-129,11932,594103,12446,998
Investing Activities
capital expenditure-20,517-3,968-13,087-9,226-27,549-18,859-6,175-2,435-1,443-29,869-10,236-3,590-14,425
Change in Investments-3,1633,163
cash flow from investments-20,517-3,968-13,087-9,226-27,549-18,859-3,012-5,598-1,443-29,869-10,236-3,590-14,425
Financing Activities
Bank loans
Group/Directors Accounts-117,025287,26748,618-44,23737,840-7,40813,805
Other Short Term Loans -368,936368,936
Long term loans-10,025-3,266-5,79543,333
Hire Purchase and Lease Commitments-1,150-3,450-23,05727,657-9,0339,033
other long term liabilities-8,3388,338-56,802101,802
share issue100
interest-928-19,282-14,331-1,3201,408531-819-89761766517445772141482
cash flow from financing-127,978-104,217396,27838,563-65,88657,690111-43,89493,3866659,207457721414182
cash and cash equivalents
cash-107,566100,384-111,144-172,058207,26826,56156,887-23,022-199,609180,66615,473-128,66223,07999,94832,755
overdraft7,160-6,2665536,667-29,66929,669
change in cash-114,726106,650-111,697-178,725207,26826,56186,556-52,691-199,609180,66615,473-128,66223,07999,94832,755

slayco 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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Slayco Limited Competitor Analysis

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Perform a competitor analysis for slayco limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NE38 area or any other competitors across 12 key performance metrics.

slayco limited Ownership

SLAYCO LIMITED group structure

Slayco Limited has no subsidiary companies.

Ultimate parent company

SLAYCO LIMITED

05631734

SLAYCO LIMITED Shareholders

trustees of the slayco pension trust 75.9%
jon william slater 13.49%
andrew neil copeland 7.23%
benice taylor 3.37%

slayco limited directors

Slayco Limited currently has 2 directors. The longest serving directors include Mr Jon Slater (Nov 2005) and Mr Andrew Copeland (Dec 2019).

officercountryagestartendrole
Mr Jon SlaterUnited Kingdom56 years Nov 2005- Director
Mr Andrew CopelandUnited Kingdom57 years Dec 2019- Director

P&L

December 2023

turnover

1.9m

0%

operating profit

-20.4k

0%

gross margin

15.9%

+1.96%

turnover

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

Balance Sheet

December 2023

net assets

151.6k

-0.12%

total assets

627.2k

-0.15%

cash

960

-0.99%

net assets

Total assets minus all liabilities

slayco limited company details

company number

05631734

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

incorporation date

November 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

FINDLAY TODD ACCOUNTANTS

auditor

-

address

unit 16 faraday close, washington, NE38 8QJ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

slayco 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 slayco limited.

slayco 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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slayco limited Companies House Filings - See Documents

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