taylor smith fabrications limited

taylor smith fabrications limited Company Information

Share TAYLOR SMITH FABRICATIONS LIMITED
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Company Number

06005446

Industry

Manufacture of other fabricated metal products n.e.c.

 

Directors

Paul Taylor

Sonia Taylor

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Shareholders

sonia taylor

charles taylor

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Group Structure

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Contact

Registered Address

2 mill forest way, batley, WF17 6DS

taylor smith fabrications limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of TAYLOR SMITH FABRICATIONS LIMITED at £1.6m based on a Turnover of £3m and 0.53x industry multiple (adjusted for size and gross margin).

taylor smith fabrications limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TAYLOR SMITH FABRICATIONS LIMITED at £0 based on an EBITDA of £-172k and a 4.13x industry multiple (adjusted for size and gross margin).

taylor smith fabrications limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of TAYLOR SMITH FABRICATIONS LIMITED at £1.5m based on Net Assets of £785.1k and 1.86x industry multiple (adjusted for liquidity).

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Taylor Smith Fabrications Limited Overview

Taylor Smith Fabrications Limited is a live company located in batley, WF17 6DS with a Companies House number of 06005446. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in November 2006, it's largest shareholder is sonia taylor with a 25% stake. Taylor Smith Fabrications Limited is a established, small sized company, Pomanda has estimated its turnover at £3m with healthy growth in recent years.

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Taylor Smith Fabrications Limited Health Check

Pomanda's financial health check has awarded Taylor Smith Fabrications Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £3m, make it smaller than the average company (£14.4m)

£3m - Taylor Smith Fabrications Limited

£14.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.7%)

12% - Taylor Smith Fabrications Limited

7.7% - Industry AVG

production

Production

with a gross margin of 29.6%, this company has a comparable cost of product (29.6%)

29.6% - Taylor Smith Fabrications Limited

29.6% - Industry AVG

profitability

Profitability

an operating margin of -8.7% make it less profitable than the average company (6.5%)

-8.7% - Taylor Smith Fabrications Limited

6.5% - Industry AVG

employees

Employees

with 24 employees, this is below the industry average (82)

24 - Taylor Smith Fabrications Limited

82 - Industry AVG

paystructure

Pay Structure

on an average salary of £41k, the company has an equivalent pay structure (£41k)

£41k - Taylor Smith Fabrications Limited

£41k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £123.8k, this is less efficient (£165.4k)

£123.8k - Taylor Smith Fabrications Limited

£165.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 78 days, this is later than average (58 days)

78 days - Taylor Smith Fabrications Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 79 days, this is slower than average (44 days)

79 days - Taylor Smith Fabrications Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (70 days)

0 days - Taylor Smith Fabrications Limited

70 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (14 weeks)

44 weeks - Taylor Smith Fabrications Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.1%, this is a higher level of debt than the average (45.1%)

50.1% - Taylor Smith Fabrications Limited

45.1% - Industry AVG

TAYLOR SMITH FABRICATIONS LIMITED financials

EXPORTms excel logo

Taylor Smith Fabrications Limited's latest turnover from December 2023 is estimated at £3 million and the company has net assets of £785.1 thousand. According to their latest financial statements, Taylor Smith Fabrications Limited has 24 employees and maintains cash reserves of £586.4 thousand 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
Turnover2,971,4222,252,6712,067,2892,103,5762,094,2012,088,2531,660,5591,528,2271,517,6601,009,1641,334,5001,096,9001,153,889800,9700
Other Income Or Grants000000000000000
Cost Of Sales2,092,5491,576,4211,456,9711,477,0131,470,1771,466,7201,149,9611,057,2601,053,178704,251937,691774,150811,571557,4420
Gross Profit878,873676,250610,318626,563624,023621,534510,598470,967464,483304,913396,810322,750342,318243,5280
Admin Expenses1,137,103355,238655,381568,177497,220517,849434,490483,419427,893352,396293,95742,966135,551167,529-18,885
Operating Profit-258,230321,012-45,06358,386126,803103,68576,108-12,45236,590-47,483102,853279,784206,76775,99918,885
Interest Payable3,4693,8792,9951,525000000783221,6711,4260
Interest Receivable37,12519,9259323792,0461,6561,1825071,2641,4841,5381,052148350
Pre-Tax Profit-224,574337,058-47,12557,241128,849105,34177,290-11,94537,854-45,999104,313280,514205,24574,60718,885
Tax0-64,0410-10,876-24,481-20,015-14,6850-7,5710-23,992-67,323-53,364-20,890-5,288
Profit After Tax-224,574273,017-47,12546,365104,36885,32662,605-11,94530,283-45,99980,321213,191151,88153,71713,597
Dividends Paid000000000000000
Retained Profit-224,574273,017-47,12546,365104,36885,32662,605-11,94530,283-45,99980,321213,191151,88153,71713,597
Employee Costs983,711924,459836,724835,204823,019796,539710,181704,992624,862288,000349,479279,825302,774236,3050
Number Of Employees24242323232321212091191080
EBITDA*-172,037373,7323,595103,525158,661129,556103,92411,36662,759-22,614125,851307,683231,72690,23036,290

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets324,366192,327184,791174,192118,95197,62199,50874,07080,92795,50392,46890,53477,27843,12843,442
Intangible Assets11111112,0716,21410,35714,50018,64322,78626,92931,072
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets324,367192,328184,792174,193118,95297,62299,50976,14187,141105,860106,968109,177100,06470,05774,514
Stock & work in progress5,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0009,53024,53049,680
Trade Debtors640,632512,179535,449527,798546,344567,933424,972343,224385,717245,294348,498245,169312,712190,529157,134
Group Debtors000000000000000
Misc Debtors17,1448,93385,10418,65625,81746,90361,91381,92422,661089,7591,0051,35510,50610,506
Cash586,393827,890310,689435,247323,299222,304219,304253,498151,746353,776239,709375,41145,54113,8310
misc current assets000000000000000
total current assets1,249,1691,354,002936,242986,701900,460842,140711,189683,646565,124604,070682,966626,585369,138239,396217,320
total assets1,573,5361,546,3301,121,0341,160,8941,019,412939,762810,698759,787652,265709,930789,934735,762469,202309,453291,834
Bank overdraft10,0005,00010,0005,00000000002,3927,51536,4420
Bank loan000000000000000
Trade Creditors 457,466284,406227,368206,976181,439200,104172,882194,10688,164225,224258,949279,322223,139186,094254,850
Group/Directors Accounts8267,14601,7571,994000616000000
other short term finances000000000000000
hp & lease commitments3,8374,5164,516000000002,7244,0856,2440
other current liabilities219,354164,34866,04385,25575,93388,03370,21666,53051,321000000
total current liabilities691,483465,416307,927298,988259,366288,137243,098260,636140,101225,224258,949284,438234,739228,780254,850
loans15,83330,83335,83345,0000000000007,4440
hp & lease commitments03,8377,4930000000002,7231,9460
Accruals and Deferred Income000000000000000
other liabilities0000000000000020,507
provisions81,09236,54233,09633,09622,60118,54819,84914,00515,07317,89818,17818,83812,4453,8692,879
total long term liabilities96,92571,21276,42278,09622,60118,54819,84914,00515,07317,89818,17818,83815,16813,25923,386
total liabilities788,408536,628384,349377,084281,967306,685262,947274,641155,174243,122277,127303,276249,907242,039278,236
net assets785,1281,009,702736,685783,810737,445633,077547,751485,146497,091466,808512,807432,486219,29567,41413,598
total shareholders funds785,1281,009,702736,685783,810737,445633,077547,751485,146497,091466,808512,807432,486219,29567,41413,598
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-258,230321,012-45,06358,386126,803103,68576,108-12,45236,590-47,483102,853279,784206,76775,99918,885
Depreciation86,19352,72048,65845,13931,85825,87125,74619,67522,02620,72618,85523,75620,81610,08813,262
Amortisation0000002,0704,1434,1434,1434,1434,1434,1434,1434,143
Tax0-64,0410-10,876-24,481-20,015-14,6850-7,5710-23,992-67,323-53,364-20,890-5,288
Stock00000000000-4,530-15,000-25,15049,680
Debtors136,664-99,44174,099-25,707-42,675127,95161,73716,770163,084-192,963192,083-67,893113,03233,395167,640
Creditors173,06057,03820,39225,537-18,66527,222-21,224105,942-137,060-33,725-20,37356,18337,045-68,756254,850
Accruals and Deferred Income55,00698,305-19,2129,322-12,10017,8173,68615,20951,321000000
Deferred Taxes & Provisions44,5503,446010,4954,053-1,3015,844-1,068-2,825-280-6606,3938,5769902,879
Cash flow from operations-36,085567,921-69,324163,710150,14325,32815,808114,679-196,460136,344-111,257375,359125,951-6,67171,411
Investing Activities
capital expenditure-218,232-60,256-59,257-100,380-53,188-23,984-51,184-12,818-7,450-23,761-20,789-37,012-54,966-9,774-91,919
Change in Investments000000000000000
cash flow from investments-218,232-60,256-59,257-100,380-53,188-23,984-51,184-12,818-7,450-23,761-20,789-37,012-54,966-9,774-91,919
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-6,3207,146-1,757-2371,99400-616616000000
Other Short Term Loans 000000000000000
Long term loans-15,000-5,000-9,16745,00000000000-7,4447,4440
Hire Purchase and Lease Commitments-4,516-3,65612,0090000000-2,724-4,084-1,3828,1900
other long term liabilities0000000000000-20,50720,507
share issue0000000000000991
interest33,65616,046-2,063-1,1462,0461,6561,1825071,2641,4841,460730-1,523-1,3910
cash flow from financing7,82014,536-97843,6174,0401,6561,182-1091,8801,484-1,264-3,354-10,349-6,16520,508
cash and cash equivalents
cash-241,497517,201-124,558111,948100,9953,000-34,194101,752-202,030114,067-135,702329,87031,71013,8310
overdraft5,000-5,0005,0005,000000000-2,392-5,123-28,92736,4420
change in cash-246,497522,201-129,558106,948100,9953,000-34,194101,752-202,030114,067-133,310334,99360,637-22,6110

taylor smith fabrications 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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Taylor Smith Fabrications Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for taylor smith fabrications limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WF17 area or any other competitors across 12 key performance metrics.

taylor smith fabrications limited Ownership

TAYLOR SMITH FABRICATIONS LIMITED group structure

Taylor Smith Fabrications Limited has no subsidiary companies.

Ultimate parent company

TAYLOR SMITH FABRICATIONS LIMITED

06005446

TAYLOR SMITH FABRICATIONS LIMITED Shareholders

sonia taylor 25%
charles taylor 25%
tom taylor 25%
paul ellis taylor 25%

taylor smith fabrications limited directors

Taylor Smith Fabrications Limited currently has 4 directors. The longest serving directors include Mr Paul Taylor (Nov 2006) and Mrs Sonia Taylor (Apr 2011).

officercountryagestartendrole
Mr Paul TaylorEngland55 years Nov 2006- Director
Mrs Sonia TaylorEngland54 years Apr 2011- Director
Mr Charles TaylorEngland27 years Jan 2023- Director
Mr Thomas TaylorEngland28 years Jan 2023- Director

P&L

December 2023

turnover

3m

+32%

operating profit

-258.2k

0%

gross margin

29.6%

-1.47%

turnover

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

Balance Sheet

December 2023

net assets

785.1k

-0.22%

total assets

1.6m

+0.02%

cash

586.4k

-0.29%

net assets

Total assets minus all liabilities

taylor smith fabrications limited company details

company number

06005446

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

November 2006

age

18

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

C W DIX LIMITED

auditor

-

address

2 mill forest way, batley, WF17 6DS

Bank

-

Legal Advisor

-

taylor smith fabrications 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 2 charges/mortgages relating to taylor smith fabrications limited. Currently there are 2 open charges and 0 have been satisfied in the past.

charges

taylor smith fabrications limited Companies House Filings - See Documents

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