surface finishing equipment group limited
surface finishing equipment group limited Company Information
Company Number
06948768
Website
http://sfeg.co.ukRegistered Address
4 kelbrook road, openshaw, manchester, M11 2QA
Industry
Casting of iron
Telephone
01902601312
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
surfaceprep uk limited 100%
surface finishing equipment group limited Estimated Valuation
Pomanda estimates the enterprise value of SURFACE FINISHING EQUIPMENT GROUP LIMITED at £0 based on a Turnover of £0 and 0.3x industry multiple (adjusted for size and gross margin).
surface finishing equipment group limited Estimated Valuation
Pomanda estimates the enterprise value of SURFACE FINISHING EQUIPMENT GROUP LIMITED at £0 based on an EBITDA of £-56 and a 2.56x industry multiple (adjusted for size and gross margin).
surface finishing equipment group limited Estimated Valuation
Pomanda estimates the enterprise value of SURFACE FINISHING EQUIPMENT GROUP LIMITED at £92.1k based on Net Assets of £65.6k and 1.4x industry multiple (adjusted for liquidity).
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Surface Finishing Equipment Group Limited Overview
Surface Finishing Equipment Group Limited is a live company located in manchester, M11 2QA with a Companies House number of 06948768. It operates in the casting of iron sector, SIC Code 24510. Founded in June 2009, it's largest shareholder is surfaceprep uk limited with a 100% stake. Surface Finishing Equipment Group Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Surface Finishing Equipment Group Limited Health Check
There is insufficient data available to calculate a health check for Surface Finishing Equipment Group Limited. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Surface Finishing Equipment Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
- - Surface Finishing Equipment Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.3%, this is a higher level of debt than the average (70.2%)
- - Surface Finishing Equipment Group Limited
- - Industry AVG
SURFACE FINISHING EQUIPMENT GROUP LIMITED financials
Surface Finishing Equipment Group Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £65.6 thousand. According to their latest financial statements, we estimate that Surface Finishing Equipment Group Limited has no employees and maintains cash reserves of £1.1 thousand 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 | 9,904,484 | 9,404,602 | 8,232,595 | 8,380,032 | 5,325,178 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 6,487,835 | 6,190,682 | 5,136,936 | 5,380,198 | 3,389,140 | ||||||||||
| Gross Profit | 3,416,649 | 3,213,920 | 3,095,659 | 2,999,834 | 1,936,038 | ||||||||||
| Admin Expenses | 2,931,238 | 2,683,037 | 2,556,674 | 2,318,765 | 1,516,825 | ||||||||||
| Operating Profit | 485,411 | 530,883 | 538,985 | 681,069 | 419,213 | ||||||||||
| Interest Payable | 72,321 | 70,609 | 64,594 | 50,687 | 41,876 | ||||||||||
| Interest Receivable | 0 | 0 | 0 | 500 | 68 | ||||||||||
| Pre-Tax Profit | 413,090 | 460,274 | 474,391 | 630,882 | 377,405 | ||||||||||
| Tax | -140,364 | -109,480 | -103,003 | -171,298 | -96,247 | ||||||||||
| Profit After Tax | 272,726 | 350,794 | 371,388 | 459,584 | 281,158 | ||||||||||
| Dividends Paid | 236,606 | 310,150 | 190,356 | 165,855 | 129,858 | ||||||||||
| Retained Profit | 36,120 | 40,644 | 181,032 | 293,729 | 151,300 | ||||||||||
| Employee Costs | 2,289,867 | 2,021,710 | 1,865,871 | 1,592,505 | 819,736 | ||||||||||
| Number Of Employees | 51 | 52 | 59 | 34 | 34 | ||||||||||
| EBITDA* | 814,626 | 884,896 | 860,194 | 914,445 | 589,218 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 810,688 | 694,545 | 671,438 | 318,261 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 97,962 | 239,418 | 377,911 | 258,472 | 0 | 0 |
| Investments & Other | 557,778 | 557,778 | 557,778 | 592,283 | 592,283 | 592,283 | 592,283 | 592,283 | 592,283 | 0 | 0 | 0 | 0 | 557,778 | 557,778 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 557,778 | 557,778 | 557,778 | 592,283 | 592,283 | 592,283 | 592,283 | 592,283 | 592,283 | 908,650 | 933,963 | 1,049,349 | 576,733 | 557,778 | 557,778 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,235,705 | 939,410 | 734,957 | 492,803 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,498,690 | 1,444,262 | 1,387,872 | 1,092,153 | 999 | 999 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 29,345 | 29,345 | 67,500 | 0 | 162,519 | 140,708 | 95,000 | 30,050 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 95,000 | 93,778 | 74,685 | 168,357 | 58,398 | 0 | 0 |
| Cash | 1,129 | 1,129 | 1,279 | 1,465 | 2,156 | 2,201 | 2,260 | 14,481 | 0 | 15,591 | 66,510 | 155,773 | 58,975 | 138 | 150 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,129 | 1,129 | 1,279 | 1,465 | 2,156 | 31,546 | 31,605 | 81,981 | 95,000 | 3,006,283 | 2,665,575 | 2,541,959 | 1,732,379 | 1,137 | 1,149 |
| total assets | 558,907 | 558,907 | 559,057 | 593,748 | 594,439 | 623,829 | 623,888 | 674,264 | 687,283 | 3,914,933 | 3,599,538 | 3,591,308 | 2,309,112 | 558,915 | 558,927 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,998 | 100,767 | 152,361 | 131,346 | 131,346 | 173,024 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 103,001 | 146,702 | 40,888 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,084,602 | 840,003 | 833,945 | 599,571 | 557,916 | 557,928 |
| Group/Directors Accounts | 492,652 | 492,652 | 492,652 | 492,652 | 492,652 | 492,652 | 492,652 | 645,811 | 879,207 | 70,211 | 111,929 | 100,566 | 63,360 | 0 | 0 |
| 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 | 104,283 | 107,589 | 76,496 | 51,236 | 0 | 0 |
| other current liabilities | 651 | 651 | 801 | 0 | 776 | 776 | 775 | 775 | 778 | 1,449,256 | 1,291,805 | 1,291,019 | 890,155 | 0 | 0 |
| total current liabilities | 493,303 | 493,303 | 493,453 | 492,652 | 493,428 | 493,428 | 493,427 | 671,584 | 980,752 | 2,860,713 | 2,585,673 | 2,580,074 | 1,818,234 | 557,916 | 557,928 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,998 | 124,998 | 123,776 | 301,728 | 189,489 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 71,233 | 100,999 | 112,738 | 45,176 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115,030 | 86,775 | 75,485 | 28,659 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,998 | 311,261 | 311,550 | 489,951 | 263,324 | 0 | 0 |
| total liabilities | 493,303 | 493,303 | 493,453 | 492,652 | 493,428 | 493,428 | 493,427 | 671,584 | 1,005,750 | 3,171,974 | 2,897,223 | 3,070,025 | 2,081,558 | 557,916 | 557,928 |
| net assets | 65,604 | 65,604 | 65,604 | 101,096 | 101,011 | 130,401 | 130,461 | 2,680 | -318,467 | 742,959 | 702,315 | 521,283 | 227,554 | 999 | 999 |
| total shareholders funds | 65,604 | 65,604 | 65,604 | 101,096 | 101,011 | 130,401 | 130,461 | 2,680 | -318,467 | 742,959 | 702,315 | 521,283 | 227,554 | 999 | 999 |
| 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 | 485,411 | 530,883 | 538,985 | 681,069 | 419,213 | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 231,253 | 212,557 | 182,716 | 142,896 | 107,514 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 97,962 | 141,456 | 138,493 | 90,480 | 62,491 | 0 | 0 |
| Tax | -140,364 | -109,480 | -103,003 | -171,298 | -96,247 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,235,705 | 296,295 | 204,453 | 242,154 | 492,803 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | -29,345 | 0 | -38,155 | -27,500 | -1,659,987 | 95,332 | 8,426 | 470,628 | 1,179,602 | 0 | 999 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,084,602 | 244,599 | 6,058 | 234,374 | 41,655 | -12 | 557,928 |
| Accruals and Deferred Income | 0 | -150 | 801 | -776 | 0 | 1 | 0 | -3 | -1,448,478 | 157,451 | 786 | 400,864 | 890,155 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -115,030 | 28,255 | 11,290 | 46,826 | 28,659 | 0 | 0 |
| Cash flow from operations | 921,844 | 814,094 | 562,446 | 712,429 | -218,965 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -248,560 | -319,932 | -49,259 | -241,402 | -173,950 | ||||||||||
| Change in Investments | 0 | 0 | -34,505 | 0 | 0 | 0 | 0 | 0 | 592,283 | 0 | 0 | 0 | -557,778 | 0 | 557,778 |
| cash flow from investments | -840,843 | -319,932 | -49,259 | -241,402 | 383,828 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -103,001 | -43,701 | 105,814 | 40,888 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -153,159 | -233,396 | 808,996 | -41,718 | 11,363 | 37,206 | 63,360 | 0 | 0 |
| 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 | -24,998 | -100,000 | 1,222 | -177,952 | 112,239 | 189,489 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -175,516 | -33,072 | 19,354 | 92,822 | 96,412 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -72,321 | -70,609 | -64,594 | -50,187 | -41,808 | ||||||||||
| cash flow from financing | -636,387 | -247,178 | -255,530 | 297,894 | 423,596 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | -150 | -186 | -691 | -45 | -59 | -12,221 | 14,481 | -15,591 | -50,919 | -89,263 | 96,798 | 58,837 | -12 | 150 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -24,998 | -75,769 | -51,594 | 21,015 | 0 | -41,678 | 173,024 | 0 | 0 |
| change in cash | 0 | -150 | -186 | -691 | -45 | -59 | 12,777 | 90,250 | 36,003 | -71,934 | -89,263 | 138,476 | -114,187 | -12 | 150 |
surface finishing equipment group limited Credit Report and Business Information
Surface Finishing Equipment Group Limited Competitor Analysis
Perform a competitor analysis for surface finishing equipment group limited by selecting its closest rivals, whether from the MANUFACTURING sector, other established companies, companies in M11 area or any other competitors across 12 key performance metrics.
surface finishing equipment group limited Ownership
SURFACE FINISHING EQUIPMENT GROUP LIMITED group structure
Surface Finishing Equipment Group Limited has 4 subsidiary companies.
Ultimate parent company
COP GRAND RAPIDS INVESTMENT LLC
#0157972
2 parents
SURFACE FINISHING EQUIPMENT GROUP LIMITED
06948768
4 subsidiaries
surface finishing equipment group limited directors
Surface Finishing Equipment Group Limited currently has 6 directors. The longest serving directors include Ms Katherine Yang (Oct 2021) and Ms Katherine Yang (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Katherine Yang | United States | 40 years | Oct 2021 | - | Director |
| Ms Katherine Yang | United States | 40 years | Oct 2021 | - | Director |
| Mr Michael Currie | United States | 51 years | Oct 2021 | - | Director |
| Mr John Dodge | England | 49 years | Sep 2022 | - | Director |
| Mr Sean Wieland | United States | 39 years | Feb 2024 | - | Director |
| Mr Christopher Pierce | United States | 46 years | Feb 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-56.5
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
65.6k
0%
total assets
558.9k
0%
cash
1.1k
0%
net assets
Total assets minus all liabilities
surface finishing equipment group limited company details
company number
06948768
Type
Private limited with Share Capital
industry
24510 - Casting of iron
incorporation date
June 2009
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
SUMER AUDITCO LIMITED
auditor
-
address
4 kelbrook road, openshaw, manchester, M11 2QA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
surface finishing equipment group 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 1 charges/mortgages relating to surface finishing equipment group limited. Currently there are 0 open charges and 1 have been satisfied in the past.
surface finishing equipment group limited Companies House Filings - See Documents
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