superior finish (contracts) ltd

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superior finish (contracts) ltd Company Information

Share SUPERIOR FINISH (CONTRACTS) LTD

Company Number

06400445

Directors

Mark Fisher

David Bufton

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Shareholders

andrew polhill

mr john evan bufton

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

32a east street, st ives, huntingdon, cambs, PE27 5PD

superior finish (contracts) ltd Estimated Valuation

£553.8k

Pomanda estimates the enterprise value of SUPERIOR FINISH (CONTRACTS) LTD at £553.8k based on a Turnover of £1.4m and 0.4x industry multiple (adjusted for size and gross margin).

superior finish (contracts) ltd Estimated Valuation

£160.4k

Pomanda estimates the enterprise value of SUPERIOR FINISH (CONTRACTS) LTD at £160.4k based on an EBITDA of £54.2k and a 2.96x industry multiple (adjusted for size and gross margin).

superior finish (contracts) ltd Estimated Valuation

£462.7k

Pomanda estimates the enterprise value of SUPERIOR FINISH (CONTRACTS) LTD at £462.7k based on Net Assets of £216.9k and 2.13x industry multiple (adjusted for liquidity).

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Superior Finish (contracts) Ltd Overview

Superior Finish (contracts) Ltd is a live company located in cambs, PE27 5PD with a Companies House number of 06400445. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2007, it's largest shareholder is andrew polhill with a 25% stake. Superior Finish (contracts) Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.

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Superior Finish (contracts) Ltd Health Check

Pomanda's financial health check has awarded Superior Finish (Contracts) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£3.7m)

£1.4m - Superior Finish (contracts) Ltd

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.3%)

-1% - Superior Finish (contracts) Ltd

8.3% - Industry AVG

production

Production

with a gross margin of 17%, this company has a higher cost of product (38%)

17% - Superior Finish (contracts) Ltd

38% - Industry AVG

profitability

Profitability

an operating margin of 3.1% make it less profitable than the average company (5.7%)

3.1% - Superior Finish (contracts) Ltd

5.7% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (22)

16 - Superior Finish (contracts) Ltd

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)

£46.5k - Superior Finish (contracts) Ltd

£46.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £85.6k, this is less efficient (£146k)

£85.6k - Superior Finish (contracts) Ltd

£146k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 116 days, this is later than average (36 days)

116 days - Superior Finish (contracts) Ltd

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 94 days, this is slower than average (33 days)

94 days - Superior Finish (contracts) Ltd

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 12 days, this is less than average (28 days)

12 days - Superior Finish (contracts) Ltd

28 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (26 weeks)

4 weeks - Superior Finish (contracts) Ltd

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 59.8%, this is a similar level of debt than the average (58.8%)

59.8% - Superior Finish (contracts) Ltd

58.8% - Industry AVG

SUPERIOR FINISH (CONTRACTS) LTD financials

EXPORTms excel logo

Superior Finish (Contracts) Ltd's latest turnover from March 2024 is estimated at £1.4 million and the company has net assets of £216.9 thousand. According to their latest financial statements, Superior Finish (Contracts) Ltd has 16 employees and maintains cash reserves of £23.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,369,9461,484,0751,267,5631,413,8081,490,809910,804972,915885,3901,171,9341,444,6981,084,9851,094,694665,393686,281792,451
Other Income Or Grants
Cost Of Sales1,136,6671,225,9801,062,0111,192,3141,235,068759,758809,970728,761969,2501,203,142903,756906,112545,251559,008638,649
Gross Profit233,280258,095205,553221,493255,741151,046162,945156,629202,683241,556181,229188,582120,142127,273153,802
Admin Expenses190,572209,532187,557211,028266,540122,723144,559149,768187,873199,967157,199181,887134,192128,29447,409
Operating Profit42,70848,56317,99610,465-10,79928,32318,3866,86114,81041,58924,0306,695-14,050-1,021106,393
Interest Payable2,2545,2666,3566,8613,447
Interest Receivable1,26763068141566411246845
Pre-Tax Profit43,97549,19418,06410,479-13,03823,12312,03311,36441,59024,0306,695-14,026-953106,438
Tax-10,994-9,347-3,432-1,991-4,393-2,286-2,273-8,734-5,527-1,607-29,802
Profit After Tax32,98139,84714,6328,488-13,03818,7309,7479,09132,85618,5035,088-14,026-95376,635
Dividends Paid
Retained Profit32,98139,84714,6328,488-13,03818,7309,7479,09132,85618,5035,088-14,026-95376,635
Employee Costs743,536716,320634,195724,257715,945655,929509,348533,082178,248177,685141,095139,236104,167102,888106,239
Number Of Employees16161518181714155544333
EBITDA*54,21461,03329,05724,0326,35043,85338,01621,21032,32457,53241,15023,00187218,251130,549

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets38,80049,68736,98646,60156,19071,93763,58084,14662,05668,40155,67270,38748,78562,34179,917
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets38,80049,68736,98646,60156,19071,93763,58084,14662,05668,40155,67270,38748,78562,34179,917
Stock & work in progress38,28140,58550,97134,43532,71632,94829,26934,55528,19737,18427,72122,96919,90819,67320,366
Trade Debtors438,315505,758440,905472,615477,810324,987408,681327,730423,197397,539291,571292,602180,605194,836229,929
Group Debtors107,879107,519
Misc Debtors103,2682,421111,696147,765
Cash23,52124,7434,92313,32714,01316,0071,5284869,50217,842
misc current assets153,809
total current assets500,117571,086496,799520,377524,539585,089549,418473,981599,159589,018319,292315,571200,513224,011268,137
total assets538,917620,773533,785566,978580,729657,026612,998558,127661,215657,419374,964385,958249,298286,352348,054
Bank overdraft51,59853,68077,862106,067
Bank loan
Trade Creditors 293,604394,347349,168379,462421,30799,73990,61097,19884,874364,120274,143292,490186,571197,649233,226
Group/Directors Accounts245,892227,683150,386209,006
other short term finances
hp & lease commitments13,40514,63519,54915,249
other current liabilities61,73461,59836,25457,984
total current liabilities293,604394,347349,168379,462421,307472,368448,206381,249473,180364,120274,143292,490186,571197,649233,226
loans22,31928,41835,615
hp & lease commitments28,31921,08435,720
Accruals and Deferred Income
other liabilities28,38342,47740,51558,04638,44060,741175,09615,47426,62497112,92138,093
provisions
total long term liabilities28,38342,47740,51558,04638,44050,63849,50271,33560,741175,09615,47426,62497112,92138,093
total liabilities321,987436,824389,683437,508459,747523,006497,708452,584533,921539,216289,617319,114187,542210,570271,319
net assets216,930183,949144,102129,470120,982134,020115,290105,543127,294118,20385,34766,84461,75675,78276,735
total shareholders funds216,930183,949144,102129,470120,982134,020115,290105,543127,294118,20385,34766,84461,75675,78276,735
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit42,70848,56317,99610,465-10,79928,32318,3866,86114,81041,58924,0306,695-14,050-1,021106,393
Depreciation11,50612,47011,06113,56717,14915,53019,63014,34917,51415,94317,12016,30614,92219,27224,156
Amortisation
Tax-10,994-9,347-3,432-1,991-4,393-2,286-2,273-8,734-5,527-1,607-29,802
Stock-2,304-10,38616,5361,719-2323,679-5,2866,358-8,9879,4634,7523,061235-69320,366
Debtors-67,44364,853-31,710-5,195-58,32417,51379,195-131,536173,423105,968-1,031111,997-14,231-35,093229,929
Creditors-100,74345,179-30,294-41,845321,5689,129-6,58812,324-279,24689,977-18,347105,919-11,078-35,577233,226
Accruals and Deferred Income-61,73413625,344-21,73057,984
Deferred Taxes & Provisions
Cash flow from operations12,22442,39810,505-16,328324,74027,533-19,423136,982-355,64723,34413,55512,2553,79018,46083,678
Investing Activities
capital expenditure-619-25,171-1,446-3,978-1,402-23,887936-36,439-11,169-28,672-2,405-37,908-1,366-1,696-104,073
Change in Investments
cash flow from investments-619-25,171-1,446-3,978-1,402-23,887936-36,439-11,169-28,672-2,405-37,908-1,366-1,696-104,073
Financing Activities
Bank loans
Group/Directors Accounts-245,89218,20977,297-58,620209,006
Other Short Term Loans
Long term loans-22,319-6,099-7,19735,615
Hire Purchase and Lease Commitments-41,7246,005-19,55040,02015,249
other long term liabilities-14,0941,962-17,53119,60638,440-60,741-114,355159,622-11,15025,653-11,950-25,17238,093
share issue-21,751100
interest1,2676306814-2,239-5,200-6,352-6,861-3,4461246845
cash flow from financing-12,8272,592-17,46319,620-273,73412,91544,198-72,338106,454159,623-11,15025,653-11,926-25,10438,238
cash and cash equivalents
cash-1,22219,820-8,404-686-1,99414,4791,528-486486-9,502-8,34017,842
overdraft-51,598-2,082-24,182-28,205106,067
change in cash-1,22219,820-8,404-68649,60416,56125,71028,205-106,553486-9,502-8,34017,842

superior finish (contracts) ltd 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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Superior Finish (contracts) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for superior finish (contracts) ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in PE27 area or any other competitors across 12 key performance metrics.

superior finish (contracts) ltd Ownership

SUPERIOR FINISH (CONTRACTS) LTD group structure

Superior Finish (Contracts) Ltd has no subsidiary companies.

Ultimate parent company

SUPERIOR FINISH (CONTRACTS) LTD

06400445

SUPERIOR FINISH (CONTRACTS) LTD Shareholders

andrew polhill 25%
mr john evan bufton 25%
david bufton 25%
mark fisher 25%

superior finish (contracts) ltd directors

Superior Finish (Contracts) Ltd currently has 4 directors. The longest serving directors include Mr Mark Fisher (Oct 2007) and Mr David Bufton (Oct 2007).

officercountryagestartendrole
Mr Mark FisherUnited Kingdom64 years Oct 2007- Director
Mr David BuftonUnited Kingdom41 years Oct 2007- Director
Mr Andrew Polhill60 years Oct 2007- Director
Mr John BuftonUnited Kingdom72 years Aug 2008- Director

P&L

March 2024

turnover

1.4m

-8%

operating profit

42.7k

0%

gross margin

17.1%

-2.08%

turnover

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

Balance Sheet

March 2024

net assets

216.9k

+0.18%

total assets

538.9k

-0.13%

cash

23.5k

-0.05%

net assets

Total assets minus all liabilities

superior finish (contracts) ltd company details

company number

06400445

Type

Private limited with Share Capital

industry

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

incorporation date

October 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

TACCONI GREEN & CO

auditor

-

address

32a east street, st ives, huntingdon, cambs, PE27 5PD

Bank

-

Legal Advisor

-

superior finish (contracts) ltd 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 superior finish (contracts) ltd. Currently there are 2 open charges and 0 have been satisfied in the past.

superior finish (contracts) ltd 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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superior finish (contracts) ltd Companies House Filings - See Documents

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