Spray Finishers Metalblast Limited

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spray finishers metalblast limited Company Information

Live (In Liquidation)

EstablishedMicroDeclining

Company Number

07077879

Website

www.metalblastdorset.co.uk

Registered Address

1580 parkway, solent business park, whiteley, fareham, hampshire, PO15 7AG

Industry

Treatment and coating of metals

Telephone

441202672152

Next Accounts Due

210 days late

Group Structure

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Directors

Stuart Black14 Years

Shareholders

mrs jean black 50%

stuart black 50%

spray finishers metalblast limited Estimated Valuation

£108.4k

Pomanda estimates the enterprise value of SPRAY FINISHERS METALBLAST LIMITED at £108.4k based on a Turnover of £240.6k and 0.45x industry multiple (adjusted for size and gross margin).

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Spray Finishers Metalblast Limited is a live company located in fareham, PO15 7AG with a Companies House number of 07077879. It operates in the treatment and coating of metals sector, SIC Code 25610. Founded in November 2009, it's largest shareholder is mrs jean black with a 50% stake. Spray Finishers Metalblast Limited is a established, micro sized company, Pomanda has estimated its turnover at £240.6k with declining growth in recent years.

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Pomanda's financial health check has awarded Spray Finishers Metalblast Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

1 Strong

4 Regular

7 Weak

Size

annual sales of £240.6k, make it smaller than the average company (£7.6m)

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (-1.9%)

EXPORT

Spray Finishers Metalblast Limited's latest turnover from June 2022 is estimated at £240.6 thousand and the company has net assets of -£182.4 thousand. According to their latest financial statements, Spray Finishers Metalblast Limited has 3 employees and maintains cash reserves of £58.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	240,621	256,376	276,387	318,194	437,177	557,984	418,045	646,856	632,693	666,272	787,120	695,770	386,434
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	158,822	173,235	176,863	205,676	287,975	355,461	275,815	419,876	418,088	435,461	523,733	449,896	256,787
Gross Profit	81,799	83,141	99,523	112,518	149,202	202,522	142,229	226,980	214,605	230,810	263,387	245,873	129,647
Admin Expenses	131,781	99,929	126,480	137,251	153,448	162,774	175,767	243,799	253,982	235,072	269,717	196,768	155,031
Operating Profit	-49,982	-16,788	-26,957	-24,733	-4,246	39,748	-33,538	-16,819	-39,377	-4,262	-6,330	49,105	-25,384
Interest Payable	3,355	1,525	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	824	59	37	291	247	84	86	95	111	202	252	124	12
Pre-Tax Profit	-52,513	-18,254	-26,920	-24,442	-3,999	39,832	-33,452	-16,724	-39,266	-4,060	-6,078	49,228	-25,372
Tax	0	0	0	0	0	-7,568	0	0	0	0	0	-12,799	0
Profit After Tax	-52,513	-18,254	-26,920	-24,442	-3,999	32,264	-33,452	-16,724	-39,266	-4,060	-6,078	36,429	-25,372
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-52,513	-18,254	-26,920	-24,442	-3,999	32,264	-33,452	-16,724	-39,266	-4,060	-6,078	36,429	-25,372
Employee Costs	110,975	107,845	107,491	101,769	164,390	198,040	155,413	260,164	226,167	258,469	301,197	300,577	169,122
Number Of Employees	3	3	3	3	5	6	5	8	7	8	10	10	6
EBITDA*	-49,104	-15,932	-26,096	-23,713	-3,034	41,186	-31,829	-15,122	-37,849	-2,423	-4,175	51,640	-23,282

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	5,783	5,336	4,752	5,613	6,633	7,844	9,282	10,991	7,938	9,466	11,305	13,037	14,698
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	5,783	5,336	4,752	5,613	6,633	7,844	9,282	10,991	7,938	9,466	11,305	13,037	14,698
Stock & work in progress	4,855	4,800	4,045	10,830	13,544	11,100	12,720	7,100	6,390	6,203	5,971	6,150	5,350
Trade Debtors	61,550	67,313	79,453	98,341	125,563	162,899	103,374	127,008	131,082	152,271	163,420	160,987	78,411
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	4,428	5,296	1,922	8,773	8,263	8,279	27,981	0	0	0	0	0	0
Cash	58,525	73,336	44,688	29,641	47,835	51,087	15,825	18,695	19,326	25,006	55,827	44,920	4,607
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	129,358	150,745	130,108	147,585	195,205	233,365	159,900	152,803	156,798	183,480	225,218	212,057	88,368
total assets	135,141	156,081	134,860	153,198	201,838	241,209	169,182	163,794	164,736	192,946	236,523	225,094	103,066
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	10,000	6,312	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	20,683	16,646	13,419	15,510	32,072	60,496	48,714	218,863	203,081	190,125	229,242	211,285	128,437
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	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
other current liabilities	254,290	219,306	233,059	222,386	230,022	236,970	208,989	0	0	0	0	0	0
total current liabilities	284,973	242,264	246,478	237,896	262,094	297,466	257,703	218,863	203,081	190,125	229,242	211,285	128,437
loans	32,553	43,689	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
Accruals and Deferred Income	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
provisions	0	0	0	0	0	0	0	0	0	1,900	2,300	2,750	0
total long term liabilities	32,553	43,689	0	0	0	0	0	0	0	1,900	2,300	2,750	0
total liabilities	317,526	285,953	246,478	237,896	262,094	297,466	257,703	218,863	203,081	192,025	231,542	214,035	128,437
net assets	-182,385	-129,872	-111,618	-84,698	-60,256	-56,257	-88,521	-55,069	-38,345	921	4,981	11,059	-25,371
total shareholders funds	-182,385	-129,872	-111,618	-84,698	-60,256	-56,257	-88,521	-55,069	-38,345	921	4,981	11,059	-25,371

	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-49,982	-16,788	-26,957	-24,733	-4,246	39,748	-33,538	-16,819	-39,377	-4,262	-6,330	49,105	-25,384
Depreciation	878	856	861	1,020	1,212	1,438	1,709	1,697	1,528	1,839	2,155	2,535	1,602
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	500
Tax	0	0	0	0	0	-7,568	0	0	0	0	0	-12,799	0
Stock	55	755	-6,785	-2,714	2,444	-1,620	5,620	710	187	232	-179	800	5,350
Debtors	-6,631	-8,766	-25,739	-26,712	-37,352	39,823	4,347	-4,074	-21,189	-11,149	2,433	82,576	78,411
Creditors	4,037	3,227	-2,091	-16,562	-28,424	11,782	-170,149	15,782	12,956	-39,117	17,957	82,848	128,437
Accruals and Deferred Income	34,984	-13,753	10,673	-7,636	-6,948	27,981	208,989	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	-1,900	-400	-450	2,750	0
Cash flow from operations	-3,507	-18,447	15,010	-18,485	-3,498	35,178	-2,956	4,024	-5,791	-31,023	11,078	41,063	21,394
Investing Activities
capital expenditure	-1,325	-1,440	0	0	-1	0	0	-4,750	0	0	-423	-874	-16,800
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-1,325	-1,440	0	0	-1	0	0	-4,750	0	0	-423	-874	-16,800
Financing Activities
Bank loans	3,688	6,312	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-11,136	43,689	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
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	1	1
interest	-2,531	-1,466	37	291	247	84	86	95	111	202	252	124	12
cash flow from financing	-9,979	48,535	37	291	247	84	86	95	111	202	252	125	13
cash and cash equivalents
cash	-14,811	28,648	15,047	-18,194	-3,252	35,262	-2,870	-631	-5,680	-30,821	10,907	40,313	4,607
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-14,811	28,648	15,047	-18,194	-3,252	35,262	-2,870	-631	-5,680	-30,821	10,907	40,313	4,607

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for spray finishers metalblast limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in PO15 area or any other competitors across 12 key performance metrics.

SPRAY FINISHERS METALBLAST LIMITED group structure

Spray Finishers Metalblast Limited has no subsidiary companies.

Ultimate parent company

SPRAY FINISHERS METALBLAST LIMITED

07077879

SPRAY FINISHERS METALBLAST LIMITED Shareholders

mrs jean black	50%
stuart black	50%

Spray Finishers Metalblast Limited currently has 1 director, Mr Stuart Black serving since Nov 2009.

officer	country	age	start	end	role
Mr Stuart Black	United Kingdom	71 years	Nov 2009	-	Director

P&L

June 2022

turnover

240.6k

-6%

operating profit

-50k

gross margin

34%

+4.83%

turnover

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

Balance Sheet

June 2022

net assets

-182.4k

+0.4%

total assets

135.1k

-0.13%

cash

58.5k

-0.2%

net assets

Total assets minus all liabilities

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company number

07077879

Type

Private limited with Share Capital

industry

25610 - Treatment and coating of metals

incorporation date

November 2009

ultimate parent company

None

previous names

N/A

address

1580 parkway, solent business park, whiteley, fareham, hampshire, PO15 7AG

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 spray finishers metalblast limited. Currently there are 1 open charges and 1 have been satisfied in the past.

spray finishers metalblast limited Company Information

spray finishers metalblast limited Estimated Valuation

spray finishers metalblast limited Estimated Valuation

spray finishers metalblast limited Estimated Valuation

Spray Finishers Metalblast Limited Overview

Spray Finishers Metalblast Limited Health Check

SPRAY FINISHERS METALBLAST LIMITED financials

spray finishers metalblast limited Credit Report and Business Information

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spray finishers metalblast limited Ownership

spray finishers metalblast limited directors

spray finishers metalblast limited company details

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