Pomanda estimates the enterprise value of SOLARFRAME DIRECT LIMITED at £2.3m based on a Turnover of £6.3m and 0.37x industry multiple (adjusted for size and gross margin).
solarframe direct limitedEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of SOLARFRAME DIRECT LIMITED at £1.3m based on an EBITDA of £321k and a 3.91x industry multiple (adjusted for size and gross margin).
solarframe direct limitedEstimated Valuation
£934.1k
Pomanda estimates the enterprise value of SOLARFRAME DIRECT LIMITED at £934.1k based on Net Assets of £436.1k and 2.14x industry multiple (adjusted for liquidity).
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Solarframe Direct LimitedOverview
Solarframe Direct Limited is a live company located in rotherham, S63 0JF with a Companies House number of 06990167. It operates in the glazing sector, SIC Code 43342. Founded in August 2009, it's largest shareholder is
solarframe holdings limited
with a 90% stake. Solarframe Direct Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£6.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Solarframe Direct Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £6.3m, make it larger than the average company (£779.1k)
£6.3m - Solarframe Direct Limited
£779.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.3%)
-1% - Solarframe Direct Limited
5.3% - Industry AVG
Production
with a gross margin of 31.4%, this company has a comparable cost of product (31.4%)
31.4% - Solarframe Direct Limited
31.4% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (6.2%)
-0.7% - Solarframe Direct Limited
6.2% - Industry AVG
Employees
with 40 employees, this is above the industry average (7)
40 - Solarframe Direct Limited
7 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
£29.6k - Solarframe Direct Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £157.3k, this is more efficient (£130.7k)
£157.3k - Solarframe Direct Limited
£130.7k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (40 days)
47 days - Solarframe Direct Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (39 days)
77 days - Solarframe Direct Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Solarframe Direct Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is average cash available to meet short term requirements (17 weeks)
16 weeks - Solarframe Direct Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.5%, this is a higher level of debt than the average (65.2%)
87.5% - Solarframe Direct Limited
65.2% - Industry AVG
SOLARFRAME DIRECT LIMITED financials
EXPORT
Solarframe Direct Limited's latest turnover from August 2023 is estimated at £6.3 million and the company has net assets of £436.1 thousand. According to their latest financial statements, Solarframe Direct Limited has 40 employees and maintains cash reserves of £818.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Aug 2010
Turnover
6,292,060
6,734,140
7,168,486
6,467,255
3,359,775
2,542,390
1,071,189
1,141,322
963,527
501,807
257,961
323,821
Other Income Or Grants
Cost Of Sales
4,318,506
4,604,918
5,317,142
4,454,010
2,442,486
1,848,619
718,508
772,178
646,242
319,701
170,126
211,192
Gross Profit
1,973,554
2,129,222
1,851,344
2,013,245
917,289
693,771
352,681
369,144
317,284
182,105
87,835
112,629
Admin Expenses
2,019,233
1,737,190
1,933,237
2,676,582
678,509
343,070
197,545
136,212
174,097
137,973
84,529
119,020
Operating Profit
-45,679
392,032
-81,893
-663,337
238,780
350,701
155,136
232,932
143,187
44,132
3,306
-6,391
Interest Payable
37,297
23,605
14,932
9,366
4,510
5,588
2,981
Interest Receivable
37,675
16,328
1,362
1,236
7,050
3,488
1,041
1,314
643
183
84
36
Pre-Tax Profit
-45,300
384,754
-95,463
-671,467
241,320
348,600
153,196
234,246
143,830
44,315
3,390
-6,355
Tax
-73,103
-45,851
-66,234
-29,107
-46,849
-28,766
-9,306
-780
Profit After Tax
-45,300
311,651
-95,463
-671,467
195,469
282,366
124,089
187,397
115,064
35,009
2,610
-6,355
Dividends Paid
Retained Profit
-45,300
311,651
-95,463
-671,467
195,469
282,366
124,089
187,397
115,064
35,009
2,610
-6,355
Employee Costs
1,185,449
1,011,658
1,311,045
1,108,688
1,594,256
674,071
521,200
344,882
289,833
142,047
77,698
107,498
Number Of Employees
40
38
46
45
54
23
19
12
10
5
3
4
EBITDA*
320,987
706,312
197,900
-409,246
386,917
545,137
155,397
288,515
162,413
52,058
6,926
-5,787
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Aug 2010
Tangible Assets
846,578
966,995
812,988
620,249
535,157
575,938
284,705
134,033
70,946
19,880
2,654
9,536
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
846,578
966,995
812,988
620,249
535,157
575,938
284,705
134,033
70,946
19,880
2,654
9,536
Stock & work in progress
Trade Debtors
825,529
1,363,051
1,326,764
891,776
253,727
307,135
98,457
56,266
101,238
57,536
21,093
26,978
Group Debtors
770,366
498,228
115,000
526,700
592,136
316,700
151,700
185,000
Misc Debtors
236,464
152,818
235,825
160,374
58,952
63,218
185,479
7,279
Cash
818,288
616,957
1,249,084
1,475,397
995,594
884,472
510,604
322,041
203,477
53,909
19,271
14,362
misc current assets
2,523
190
total current assets
2,653,170
2,631,244
2,926,673
3,054,247
1,900,409
1,571,525
946,240
570,586
304,715
111,445
40,364
41,340
total assets
3,499,748
3,598,239
3,739,661
3,674,496
2,435,566
2,147,463
1,230,945
704,619
375,661
131,325
43,018
50,876
Bank overdraft
Bank loan
82,496
72,496
62,496
10,416
19,471
18,821
18,821
Trade Creditors
916,869
647,112
956,624
900,241
374,062
334,365
70,104
359,744
214,212
91,213
46,762
57,230
Group/Directors Accounts
other short term finances
hp & lease commitments
163,342
76,602
89,085
129,679
70,594
71,790
36,000
other current liabilities
1,446,559
1,802,422
2,057,381
1,790,030
819,521
765,828
528,667
total current liabilities
2,609,266
2,598,632
3,165,586
2,830,366
1,283,648
1,190,804
653,592
359,744
214,212
91,213
46,762
57,230
loans
210,973
297,087
177,087
239,584
37,608
57,737
76,569
hp & lease commitments
110,720
71,206
147,810
272,304
142,192
157,742
41,970
Accruals and Deferred Income
other liabilities
10,150
14,121
7,848
provisions
132,719
149,944
79,459
67,060
35,469
total long term liabilities
454,412
518,237
404,356
578,948
215,269
215,479
118,539
10,150
14,121
7,848
total liabilities
3,063,678
3,116,869
3,569,942
3,409,314
1,498,917
1,406,283
772,131
369,894
228,333
99,061
46,762
57,230
net assets
436,070
481,370
169,719
265,182
936,649
741,180
458,814
334,725
147,328
32,264
-3,744
-6,354
total shareholders funds
436,070
481,370
169,719
265,182
936,649
741,180
458,814
334,725
147,328
32,264
-3,744
-6,354
Aug 2023
Aug 2022
Aug 2021
Aug 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Aug 2010
Operating Activities
Operating Profit
-45,679
392,032
-81,893
-663,337
238,780
350,701
155,136
232,932
143,187
44,132
3,306
-6,391
Depreciation
366,666
314,280
279,793
254,091
148,137
194,436
261
55,583
19,226
7,926
3,620
604
Amortisation
Tax
-73,103
-45,851
-66,234
-29,107
-46,849
-28,766
-9,306
-780
Stock
Debtors
-181,738
336,508
98,739
674,035
217,762
251,417
187,091
147,307
43,702
36,443
-5,885
26,978
Creditors
269,757
-309,512
56,383
526,179
39,697
264,261
-289,640
145,532
122,999
44,451
-10,468
57,230
Accruals and Deferred Income
-355,863
-254,959
267,351
970,509
53,693
237,161
528,667
Deferred Taxes & Provisions
-17,225
70,485
12,399
31,591
35,469
Cash flow from operations
399,394
-197,285
435,294
444,998
252,163
728,908
178,226
239,891
212,944
50,760
1,563
24,465
Investing Activities
capital expenditure
-246,249
-468,287
-472,532
-339,183
-107,356
-485,669
-150,933
-118,670
-70,292
-25,152
3,262
-10,140
Change in Investments
cash flow from investments
-246,249
-468,287
-472,532
-339,183
-107,356
-485,669
-150,933
-118,670
-70,292
-25,152
3,262
-10,140
Financing Activities
Bank loans
10,000
10,000
52,080
-9,055
650
18,821
Group/Directors Accounts
Other Short Term Loans
Long term loans
-86,114
120,000
-62,497
201,976
-20,129
-18,832
76,569
Hire Purchase and Lease Commitments
126,254
-89,087
-165,088
189,197
-16,746
151,562
77,970
other long term liabilities
-10,150
-3,971
6,273
7,848
share issue
999
1
interest
378
-7,277
-13,570
-8,130
2,540
-2,100
-1,940
1,314
643
183
84
36
cash flow from financing
50,518
33,636
-189,075
373,988
-33,685
130,630
161,270
-2,657
6,916
9,030
84
37
cash and cash equivalents
cash
201,331
-632,127
-226,313
479,803
111,122
373,868
188,563
118,564
149,568
34,638
4,909
14,362
overdraft
change in cash
201,331
-632,127
-226,313
479,803
111,122
373,868
188,563
118,564
149,568
34,638
4,909
14,362
solarframe direct limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for solarframe direct limited. Get real-time insights into solarframe direct limited's credit score, group structure and payment trends.
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solarframe direct limited Ownership
SOLARFRAME DIRECT LIMITED group structure
Solarframe Direct Limited has no subsidiary companies.
The largest shareholders in Solarframe Direct Limited include Solarframe Holdings Limited and Darren Coates.
solarframe holdings limited
90%
darren coates
10%
steven taylor investments limited
0%
solarframe direct limited directors
Solarframe Direct Limited currently has 2 directors.
The longest serving directors include
Mr Steven Taylor (Aug 2009) and
Mr Darren Coates (Nov 2019).
the conservatory supermarket.com limited (July 2015)
accountant
HARDWICKS ACCOUNTANTS LTD
auditor
-
address
unit 3 davey road, fields end business park, rotherham, south yorkshire, S63 0JF
Bank
-
Legal Advisor
-
solarframe direct 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 solarframe direct limited.
solarframe direct limited Capital Raised & Share Issues BETA
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solarframe direct limitedCompanies House Filings - See Documents
