sneyd ceramics limited

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sneyd ceramics limited Company Information

Share SNEYD CERAMICS LIMITED

Company Number

06569157

Directors

Paul Heath

Shareholders

paul russell heath

john russell heath

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Group Structure

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Industry

Manufacture of other ceramic products

 

Registered Address

sneyd mills leonora street, burslem, stoke on trent, staffordshire st6 3bz, ST6 3BS

sneyd ceramics limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SNEYD CERAMICS LIMITED at £1.4m based on a Turnover of £1.1m and 1.34x industry multiple (adjusted for size and gross margin).

sneyd ceramics limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SNEYD CERAMICS LIMITED at £0 based on an EBITDA of £-45.6k and a 4.17x industry multiple (adjusted for size and gross margin).

sneyd ceramics limited Estimated Valuation

£700.5k

Pomanda estimates the enterprise value of SNEYD CERAMICS LIMITED at £700.5k based on Net Assets of £271.2k and 2.58x industry multiple (adjusted for liquidity).

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Sneyd Ceramics Limited Overview

Sneyd Ceramics Limited is a live company located in stoke on trent, ST6 3BS with a Companies House number of 06569157. It operates in the manufacture of other ceramic products n.e.c. sector, SIC Code 23490. Founded in April 2008, it's largest shareholder is paul russell heath with a 50% stake. Sneyd Ceramics Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.

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Sneyd Ceramics Limited Health Check

Pomanda's financial health check has awarded Sneyd Ceramics Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£14.7m)

£1.1m - Sneyd Ceramics Limited

£14.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (11.4%)

16% - Sneyd Ceramics Limited

11.4% - Industry AVG

production

Production

with a gross margin of 32.5%, this company has a comparable cost of product (32.5%)

32.5% - Sneyd Ceramics Limited

32.5% - Industry AVG

profitability

Profitability

an operating margin of -4.6% make it less profitable than the average company (2.7%)

-4.6% - Sneyd Ceramics Limited

2.7% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (62)

10 - Sneyd Ceramics Limited

62 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Sneyd Ceramics Limited

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £107.4k, this is less efficient (£128.3k)

£107.4k - Sneyd Ceramics Limited

£128.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is later than average (38 days)

55 days - Sneyd Ceramics Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is close to average (27 days)

29 days - Sneyd Ceramics Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 98 days, this is in line with average (116 days)

98 days - Sneyd Ceramics Limited

116 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (5 weeks)

17 weeks - Sneyd Ceramics Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.5%, this is a lower level of debt than the average (54%)

36.5% - Sneyd Ceramics Limited

54% - Industry AVG

SNEYD CERAMICS LIMITED financials

EXPORTms excel logo

Sneyd Ceramics Limited's latest turnover from April 2024 is estimated at £1.1 million and the company has net assets of £271.2 thousand. According to their latest financial statements, Sneyd Ceramics Limited has 10 employees and maintains cash reserves of £51.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover1,074,2191,029,389714,222691,082632,053622,731599,438619,483673,069740,454429,290445,773465,287515,664198,405
Other Income Or Grants
Cost Of Sales724,970736,069510,613505,283405,716432,197415,671411,201443,755530,696293,634307,043328,506347,655122,865
Gross Profit349,249293,320203,609185,799226,337190,534183,767208,281229,313209,758135,656138,729136,782168,00875,541
Admin Expenses398,476328,26716,397180,265195,714102,616235,977232,893112,737143,641130,664162,556150,00496,82362,987
Operating Profit-49,227-34,947187,2125,53430,62387,918-52,210-24,612116,57666,1174,992-23,827-13,22271,18512,554
Interest Payable1678861,049244
Interest Receivable2,4963,958565511761116211523145
Pre-Tax Profit-46,731-30,989187,7785,37229,73886,870-52,447-24,551116,69366,1194,992-23,812-13,19971,19912,560
Tax-35,678-1,021-5,650-16,505-23,338-13,224-1,048-18,512-3,517
Profit After Tax-46,731-30,989152,1004,35124,08870,365-52,447-24,55193,35452,8953,944-23,812-13,19952,6879,043
Dividends Paid
Retained Profit-46,731-30,989152,1004,35124,08870,365-52,447-24,55193,35452,8953,944-23,812-13,19952,6879,043
Employee Costs367,735371,195169,056190,276296,704257,503236,551279,030221,883237,923129,899156,907151,722156,69471,641
Number Of Employees101056988108956663
EBITDA*-45,616-30,829191,8539,48935,56794,325-41,620-12,899129,43774,3919,110-20,756-9,38576,15015,032

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets10,21613,51316,91115,82119,77624,72031,12737,81742,02030,02014,64812,28015,35119,1889,409
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,21613,51316,91115,82119,77624,72031,12737,81742,02030,02014,64812,28015,35119,1889,409
Stock & work in progress195,235250,594174,645126,510118,266126,584101,407109,59090,29371,22743,88538,68468,72462,33124,500
Trade Debtors164,322162,537185,775138,694108,416136,71182,681102,201116,934106,99860,36863,34763,41786,73428,209
Group Debtors
Misc Debtors5,2512,1261,1505,21114,6904,6534,6382654,492
Cash51,91743,156143,0937,7031,49514422,78045,9085061311325,8073,4562,091
misc current assets
total current assets416,725458,413504,663278,118242,867268,092188,728214,836257,627178,731104,384102,163137,948152,52154,800
total assets426,941471,926521,574293,939262,643292,812219,855252,653299,647208,751119,032114,443153,299171,70964,209
Bank overdraft5,46723,5717,500
Bank loan
Trade Creditors 58,62857,91638,81848,3031,68731,29186,15755,24957,933127,09390,26989,624104,668109,87955,066
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities94,56192,702130,62548,81863,02269,57128,18446,94366,702
total current liabilities153,189150,618169,44397,12170,176124,433121,841102,192124,635127,09390,26989,624104,668109,87955,066
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions2,5543,3793,213
total long term liabilities2,5543,3793,213
total liabilities155,743153,997172,65697,12170,176124,433121,841102,192124,635127,09390,26989,624104,668109,87955,066
net assets271,198317,929348,918196,818192,467168,37998,014150,461175,01281,65828,76324,81948,63161,8309,143
total shareholders funds271,198317,929348,918196,818192,467168,37998,014150,461175,01281,65828,76324,81948,63161,8309,143
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-49,227-34,947187,2125,53430,62387,918-52,210-24,612116,57666,1174,992-23,827-13,22271,18512,554
Depreciation3,6114,1184,6413,9554,9446,40710,59011,71312,8618,2744,1183,0713,8374,9652,478
Amortisation
Tax-35,678-1,021-5,650-16,505-23,338-13,224-1,048-18,512-3,517
Stock-55,35975,94948,1358,244-8,31825,177-8,18319,29719,06627,3425,201-30,0406,39337,83124,500
Debtors4,910-22,26243,02020,799-18,25854,045-15,147-18,96014,42846,630-2,979-70-23,31758,52528,209
Creditors71219,098-9,48546,616-29,604-54,86630,908-2,684-69,16036,824645-15,044-5,21154,81355,066
Accruals and Deferred Income1,859-37,92381,807-14,204-6,54941,387-18,759-19,75966,702
Deferred Taxes & Provisions-8251663,213
Cash flow from operations6,579-103,175140,55511,83720,340-14,881-6,141-35,67970,14724,0196,485-5,6902,32816,09513,872
Investing Activities
capital expenditure-314-720-5,731-3,900-7,510-24,861-23,646-6,486-14,744-11,887
Change in Investments
cash flow from investments-314-720-5,731-3,900-7,510-24,861-23,646-6,486-14,744-11,887
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest2,4963,958565-162-885-1,048-23761116211523145
cash flow from financing2,4963,958565-162-885-1,048-2376111621152314105
cash and cash equivalents
cash8,761-99,937135,3906,2081,351142-2,778-43,12845,402375-1-5,6752,3511,3652,091
overdraft-5,467-18,10416,0717,500
change in cash8,761-99,937135,39011,67519,455-15,929-10,278-43,12845,402375-1-5,6752,3511,3652,091

sneyd ceramics 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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Sneyd Ceramics Limited Competitor Analysis

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Perform a competitor analysis for sneyd ceramics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in ST6 area or any other competitors across 12 key performance metrics.

sneyd ceramics limited Ownership

SNEYD CERAMICS LIMITED group structure

Sneyd Ceramics Limited has no subsidiary companies.

Ultimate parent company

SNEYD CERAMICS LIMITED

06569157

SNEYD CERAMICS LIMITED Shareholders

paul russell heath 50%
john russell heath 40%
ingrid heath 10%

sneyd ceramics limited directors

Sneyd Ceramics Limited currently has 1 director, Mr Paul Heath serving since Apr 2008.

officercountryagestartendrole
Mr Paul HeathUnited Kingdom75 years Apr 2008- Director

P&L

April 2024

turnover

1.1m

+4%

operating profit

-49.2k

0%

gross margin

32.6%

+14.1%

turnover

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

Balance Sheet

April 2024

net assets

271.2k

-0.15%

total assets

426.9k

-0.1%

cash

51.9k

+0.2%

net assets

Total assets minus all liabilities

sneyd ceramics limited company details

company number

06569157

Type

Private limited with Share Capital

industry

23490 - Manufacture of other ceramic products

incorporation date

April 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

sneyd mills leonora street, burslem, stoke on trent, staffordshire st6 3bz, ST6 3BS

Bank

-

Legal Advisor

-

sneyd ceramics 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 sneyd ceramics limited.

sneyd ceramics 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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sneyd ceramics limited Companies House Filings - See Documents

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