sms group technical services (uk) limited
sms group technical services (uk) limited Company Information
Company Number
06765353
Website
www.sms-group.comRegistered Address
smeckley wood close, smeckley wood close, chesterfield, S41 9PZ
Industry
Manufacture of other special-purpose machinery n.e.c.
Telephone
01246266250
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
sms group gmbh 100%
sms group technical services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of SMS GROUP TECHNICAL SERVICES (UK) LIMITED at £5m based on a Turnover of £7.7m and 0.65x industry multiple (adjusted for size and gross margin).
sms group technical services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of SMS GROUP TECHNICAL SERVICES (UK) LIMITED at £1.6m based on an EBITDA of £304.3k and a 5.18x industry multiple (adjusted for size and gross margin).
sms group technical services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of SMS GROUP TECHNICAL SERVICES (UK) LIMITED at £5.7m based on Net Assets of £2.8m and 2.04x industry multiple (adjusted for liquidity).
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Sms Group Technical Services (uk) Limited Overview
Sms Group Technical Services (uk) Limited is a live company located in chesterfield, S41 9PZ with a Companies House number of 06765353. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in December 2008, it's largest shareholder is sms group gmbh with a 100% stake. Sms Group Technical Services (uk) Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.7m with declining growth in recent years.
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Sms Group Technical Services (uk) Limited Health Check
Pomanda's financial health check has awarded Sms Group Technical Services (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £7.7m, make it smaller than the average company (£12.6m)
- Sms Group Technical Services (uk) Limited
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.1%)
- Sms Group Technical Services (uk) Limited
5.1% - Industry AVG
Production
with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)
- Sms Group Technical Services (uk) Limited
30.7% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (6.2%)
- Sms Group Technical Services (uk) Limited
6.2% - Industry AVG
Employees
with 35 employees, this is below the industry average (67)
35 - Sms Group Technical Services (uk) Limited
67 - Industry AVG
Pay Structure
on an average salary of £52k, the company has an equivalent pay structure (£52k)
- Sms Group Technical Services (uk) Limited
£52k - Industry AVG
Efficiency
resulting in sales per employee of £220.6k, this is more efficient (£185.8k)
- Sms Group Technical Services (uk) Limited
£185.8k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (59 days)
- Sms Group Technical Services (uk) Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (43 days)
- Sms Group Technical Services (uk) Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 64 days, this is less than average (88 days)
- Sms Group Technical Services (uk) Limited
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (13 weeks)
22 weeks - Sms Group Technical Services (uk) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.9%, this is a higher level of debt than the average (48.5%)
56.9% - Sms Group Technical Services (uk) Limited
48.5% - Industry AVG
SMS GROUP TECHNICAL SERVICES (UK) LIMITED financials
Sms Group Technical Services (Uk) Limited's latest turnover from December 2023 is estimated at £7.7 million and the company has net assets of £2.8 million. According to their latest financial statements, Sms Group Technical Services (Uk) Limited has 35 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,681,158 | 3,601,166 | 8,206,711 | 8,969,156 | 8,317,779 | 13,122,877 | 17,418,725 | 5,843,684 | 7,106,347 | 4,164,941 | 3,101,585 | 3,791,360 | 801,609 | 32,007 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 3,522,948 | 2,134,960 | 11,087,473 | 8,250,742 | 7,738,181 | 14,007,260 | 18,114,330 | 4,469,419 | 5,406,318 | 3,357,244 | 2,347,063 | 2,754,929 | 578,382 | 26,565 | |
| Gross Profit | 1,158,210 | 1,466,206 | -2,880,762 | 718,414 | 579,598 | -884,383 | -695,605 | 1,374,265 | 1,700,029 | 807,697 | 754,522 | 1,036,431 | 223,227 | 5,442 | |
| Admin Expenses | 1,349,834 | 1,557,703 | 1,947,094 | 1,474,658 | 3,233,399 | 2,546,566 | 4,010,079 | -124,924 | 1,477,347 | 1,083,583 | 1,023,209 | 731,759 | 582,874 | 435,003 | |
| Operating Profit | -191,624 | -91,497 | -4,827,856 | -756,244 | -2,653,801 | -3,430,949 | -4,705,684 | 1,499,189 | 222,682 | -275,886 | -268,687 | 304,672 | -359,647 | -429,561 | |
| Interest Payable | 14,214 | 72,447 | 111,911 | 81,281 | 88,614 | 69,263 | 71,250 | 35,750 | 28,402 | 29,534 | 35,264 | 42,378 | 30,582 | 7,985 | |
| Interest Receivable | 5,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 125 | 27 | 3 | 9 | 19 | 35 | |
| Pre-Tax Profit | -200,297 | -163,944 | -4,939,767 | -837,525 | -2,742,415 | -3,500,212 | -4,776,934 | -1,534,939 | 194,405 | -305,393 | -303,948 | 262,303 | -390,210 | -437,511 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | -117,970 | -24,030 | 39,145 | 0 | 1,322 | -87,610 | 202,454 | 0 | |
| Profit After Tax | -200,297 | -163,944 | -4,939,767 | -837,525 | -2,742,415 | -3,500,212 | -4,894,904 | -1,558,969 | 233,550 | -305,393 | -302,626 | 174,693 | -187,756 | -437,511 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -200,297 | -163,944 | -4,939,767 | -837,525 | -2,742,415 | -3,500,212 | -4,894,904 | -1,558,969 | 233,550 | -305,393 | -302,626 | 174,693 | -187,756 | -437,511 | |
| Employee Costs | 1,285,727 | 1,266,141 | 1,088,620 | 2,272,692 | 2,927,304 | 1,822,197 | 1,144,495 | 1,285,627 | |||||||
| Number Of Employees | 35 | 27 | 39 | 40 | 41 | 56 | 65 | 64 | 32 | 29 | |||||
| EBITDA* | -182,068 | -83,018 | -4,819,409 | -747,297 | -2,634,028 | -3,401,316 | -4,357,611 | 2,730,429 | 257,398 | -249,790 | -243,208 | 327,546 | -344,412 | -415,588 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 41,445 | 18,524 | 17,789 | 21,433 | 22,153 | 31,293 | 52,850 | 95,289 | 359,621 | 369,610 | 451,821 | 38,731 | 63,599 | 62,324 | 52,413 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,485,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110,000 | 110,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 41,445 | 18,524 | 17,789 | 21,433 | 22,153 | 31,293 | 52,850 | 95,289 | 1,954,621 | 479,610 | 451,821 | 38,731 | 63,599 | 62,324 | 52,413 |
| Stock & work in progress | 950,412 | 850,899 | 859,919 | 715,268 | 2,453,258 | 2,409,119 | 2,150,689 | 2,294,670 | 1,233,904 | 632,725 | 949,818 | 462,139 | 148,359 | 75,294 | 0 |
| Trade Debtors | 2,592,467 | 2,418,764 | 2,379,644 | 3,447,798 | 1,372,669 | 4,817,401 | 6,313,375 | 3,425,265 | 3,610,471 | 1,510,661 | 1,228,083 | 827,591 | 626,574 | 347,204 | 24,873 |
| Group Debtors | 936,308 | 1,331,037 | 975,806 | 1,159,649 | 874,819 | 1,300,300 | 946,421 | 1,227,215 | 746,759 | 218,344 | 342,696 | 504,039 | 40,197 | 74,059 | 32,808 |
| Misc Debtors | 413,007 | 809,136 | 879,484 | 2,945,305 | 3,685,085 | 141,449 | 191,988 | 128,934 | 2,007,104 | 1,116,579 | 933,474 | 314,876 | 247,228 | 264,679 | 21,979 |
| Cash | 1,569,647 | 1,024,218 | 832,416 | 1,325,821 | 1,018,570 | 2,227,527 | 1,993,294 | 4,953,771 | 2,102,617 | 540,895 | 1,351,825 | 226,182 | 459,395 | 208,860 | 146,596 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,461,841 | 6,434,054 | 5,927,269 | 9,593,841 | 9,404,401 | 10,895,796 | 11,595,767 | 12,029,855 | 9,700,855 | 4,019,204 | 4,805,896 | 2,334,827 | 1,521,753 | 970,096 | 226,256 |
| total assets | 6,503,286 | 6,452,578 | 5,945,058 | 9,615,274 | 9,426,554 | 10,927,089 | 11,648,617 | 12,125,144 | 11,655,476 | 4,498,814 | 5,257,717 | 2,373,558 | 1,585,352 | 1,032,420 | 278,669 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 163,134 | 276,848 | 176,461 | 525,946 | 107,801 | 603,908 | 581,105 | 1,925,668 | 446,447 | 478,192 | 218,015 | 267,408 | 48,638 | 110,927 | 8,175 |
| Group/Directors Accounts | 1,539,369 | 796,158 | 756,513 | 14,159,676 | 9,684,983 | 10,058,661 | 9,497,376 | 7,581,235 | 6,349,409 | 2,562,896 | 5,177,619 | 2,219,898 | 1,730,715 | 1,435,944 | 627,830 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,912,142 | 2,764,779 | 2,097,577 | 4,663,976 | 9,079,180 | 2,144,629 | 2,484,477 | 8,437,416 | 5,783,891 | 852,768 | 806,077 | 585,886 | 193,002 | 110,815 | 80,174 |
| total current liabilities | 3,614,645 | 3,837,785 | 3,030,551 | 19,349,598 | 18,871,964 | 12,807,198 | 12,562,958 | 17,944,319 | 12,579,747 | 3,893,856 | 6,201,711 | 3,073,192 | 1,972,355 | 1,657,686 | 716,179 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 86,412 | 77,868 | 177,285 | 5,364,510 | 713,657 | 7,441,433 | 5,664,786 | 59,740 | 59,740 | 30,000 | 114,598 | 53,565 | 63,570 | 0 | 0 |
| total long term liabilities | 86,412 | 77,868 | 177,285 | 5,364,510 | 713,657 | 7,441,433 | 5,664,786 | 59,740 | 59,740 | 30,000 | 114,598 | 53,565 | 63,570 | 0 | 0 |
| total liabilities | 3,701,057 | 3,915,653 | 3,207,836 | 24,714,108 | 19,585,621 | 20,248,631 | 18,227,744 | 18,004,059 | 12,639,487 | 3,923,856 | 6,316,309 | 3,126,757 | 2,035,925 | 1,657,686 | 716,179 |
| net assets | 2,802,229 | 2,536,925 | 2,737,222 | -15,098,834 | -10,159,067 | -9,321,542 | -6,579,127 | -5,878,915 | -984,011 | 574,958 | -1,058,592 | -753,199 | -450,573 | -625,266 | -437,510 |
| total shareholders funds | 2,802,229 | 2,536,925 | 2,737,222 | -15,098,834 | -10,159,067 | -9,321,542 | -6,579,127 | -5,878,915 | -984,011 | 574,958 | -1,058,592 | -753,199 | -450,573 | -625,266 | -437,510 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -191,624 | -91,497 | -4,827,856 | -756,244 | -2,653,801 | -3,430,949 | -4,705,684 | 1,499,189 | 222,682 | -275,886 | -268,687 | 304,672 | -359,647 | -429,561 | |
| Depreciation | 15,359 | 9,556 | 8,479 | 8,447 | 8,947 | 19,773 | 29,633 | 38,073 | 62,100 | 34,716 | 26,096 | 25,479 | 22,874 | 15,235 | 13,973 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 310,000 | 1,169,140 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | -117,970 | -24,030 | 39,145 | 0 | 1,322 | -87,610 | 202,454 | 0 | |
| Stock | 99,513 | -9,020 | 144,651 | -1,737,990 | 44,139 | 258,430 | -143,981 | 1,060,766 | 601,179 | -317,093 | 487,679 | 313,780 | 73,065 | 75,294 | 0 |
| Debtors | -617,155 | 324,003 | -3,317,818 | 1,620,179 | -326,577 | -1,192,634 | 2,670,370 | -1,582,920 | 3,518,750 | 341,331 | 857,747 | 732,507 | 228,057 | 606,282 | 79,660 |
| Creditors | -113,714 | 100,387 | -349,485 | 418,145 | -496,107 | 22,803 | -1,344,563 | 1,479,221 | -31,745 | 260,177 | -49,393 | 218,770 | -62,289 | 102,752 | 8,175 |
| Accruals and Deferred Income | -852,637 | 667,202 | -2,566,399 | -4,415,204 | 6,934,551 | -339,848 | -5,952,939 | 2,653,525 | 4,931,123 | 46,691 | 220,191 | 392,884 | 82,187 | 30,641 | 80,174 |
| Deferred Taxes & Provisions | 8,544 | -99,417 | -5,187,225 | 4,650,853 | -6,727,776 | 1,776,647 | 5,605,046 | 0 | 29,740 | -84,598 | 61,033 | -10,005 | 63,570 | 0 | 0 |
| Cash flow from operations | 171,121 | -5,012,960 | -4,047,804 | -754,191 | -240,222 | -7,620,161 | 179,319 | 3,515,588 | 494,575 | -1,363,385 | -686,524 | 22,282 | -690,141 | -406,899 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -110,000 | 0 | 110,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 743,211 | 39,645 | -13,403,163 | 4,474,693 | -373,678 | 561,285 | 1,916,141 | 1,231,826 | 3,786,513 | -2,614,723 | 2,957,721 | 489,183 | 294,771 | 808,114 | 627,830 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -8,673 | -72,447 | -111,911 | -81,281 | -88,614 | -69,263 | -71,250 | -35,750 | -28,277 | -29,507 | -35,261 | -42,369 | -30,563 | -7,950 | |
| cash flow from financing | 30,972 | 4,524,390 | 4,362,782 | -454,959 | 472,671 | 4,646,878 | 1,160,576 | 3,750,763 | -1,243,000 | 2,928,214 | 453,922 | 252,402 | 777,551 | 619,881 | |
| cash and cash equivalents | |||||||||||||||
| cash | 545,429 | 191,802 | -493,405 | 307,251 | -1,208,957 | 234,233 | -2,960,477 | 2,851,154 | 1,561,722 | -810,930 | 1,125,643 | -233,213 | 250,535 | 62,264 | 146,596 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 545,429 | 191,802 | -493,405 | 307,251 | -1,208,957 | 234,233 | -2,960,477 | 2,851,154 | 1,561,722 | -810,930 | 1,125,643 | -233,213 | 250,535 | 62,264 | 146,596 |
sms group technical services (uk) limited Credit Report and Business Information
Sms Group Technical Services (uk) Limited Competitor Analysis
Perform a competitor analysis for sms group technical services (uk) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in S41 area or any other competitors across 12 key performance metrics.
sms group technical services (uk) limited Ownership
SMS GROUP TECHNICAL SERVICES (UK) LIMITED group structure
Sms Group Technical Services (Uk) Limited has no subsidiary companies.
Ultimate parent company
SMS GMBH
#0060909
SMS GROUP GMBH
#0063967
2 parents
SMS GROUP TECHNICAL SERVICES (UK) LIMITED
06765353
sms group technical services (uk) limited directors
Sms Group Technical Services (Uk) Limited currently has 3 directors. The longest serving directors include Mr Stephen Lidgate (Jan 2018) and Mr David Jeffrey (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Lidgate | England | 60 years | Jan 2018 | - | Director |
| Mr David Jeffrey | England | 58 years | Aug 2018 | - | Director |
| Mr Matteo Braggiotti | England | 43 years | Dec 2022 | - | Director |
P&L
December 2023turnover
7.7m
+65%
operating profit
288.9k
0%
gross margin
30.8%
+24.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.8m
+0.1%
total assets
6.5m
+0.01%
cash
1.6m
+0.53%
net assets
Total assets minus all liabilities
sms group technical services (uk) limited company details
company number
06765353
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
December 2008
age
16
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
sms meer (uk) ltd (December 2015)
accountant
HAWSONS
auditor
-
address
smeckley wood close, smeckley wood close, chesterfield, S41 9PZ
Bank
-
Legal Advisor
-
sms group technical services (uk) 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 sms group technical services (uk) limited.
sms group technical services (uk) limited Companies House Filings - See Documents
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