speedys scaffolding limited

4.5

speedys scaffolding limited Company Information

Share SPEEDYS SCAFFOLDING LIMITED
Live 
EstablishedMicroHigh

Company Number

07156176

Registered Address

60 poulton avenue, sutton, surrey, SM1 3PY

Industry

Scaffold erection

 

Telephone

-

Next Accounts Due

November 2024

Group Structure

View All

Directors

Gary Bowen14 Years

Shareholders

mr gary bowen 100%

speedys scaffolding limited Estimated Valuation

£78.5k

Pomanda estimates the enterprise value of SPEEDYS SCAFFOLDING LIMITED at £78.5k based on a Turnover of £193.2k and 0.41x industry multiple (adjusted for size and gross margin).

speedys scaffolding limited Estimated Valuation

£375.3k

Pomanda estimates the enterprise value of SPEEDYS SCAFFOLDING LIMITED at £375.3k based on an EBITDA of £88k and a 4.27x industry multiple (adjusted for size and gross margin).

speedys scaffolding limited Estimated Valuation

£134.4k

Pomanda estimates the enterprise value of SPEEDYS SCAFFOLDING LIMITED at £134.4k based on Net Assets of £60.9k and 2.21x industry multiple (adjusted for liquidity).

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Speedys Scaffolding Limited Overview

Speedys Scaffolding Limited is a live company located in surrey, SM1 3PY with a Companies House number of 07156176. It operates in the scaffold erection sector, SIC Code 43991. Founded in February 2010, it's largest shareholder is mr gary bowen with a 100% stake. Speedys Scaffolding Limited is a established, micro sized company, Pomanda has estimated its turnover at £193.2k with high growth in recent years.

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Speedys Scaffolding Limited Health Check

Pomanda's financial health check has awarded Speedys Scaffolding Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £193.2k, make it smaller than the average company (£725.5k)

£193.2k - Speedys Scaffolding Limited

£725.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (1.9%)

22% - Speedys Scaffolding Limited

1.9% - Industry AVG

production

Production

with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)

37.6% - Speedys Scaffolding Limited

37.6% - Industry AVG

profitability

Profitability

an operating margin of 37% make it more profitable than the average company (9.3%)

37% - Speedys Scaffolding Limited

9.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (10)

2 - Speedys Scaffolding Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.6k, the company has an equivalent pay structure (£36.6k)

£36.6k - Speedys Scaffolding Limited

£36.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £96.6k, this is equally as efficient (£96.6k)

£96.6k - Speedys Scaffolding Limited

£96.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Speedys Scaffolding Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Speedys Scaffolding Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Speedys Scaffolding Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 90 weeks, this is more cash available to meet short term requirements (29 weeks)

90 weeks - Speedys Scaffolding Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.1%, this is a similar level of debt than the average (58.3%)

56.1% - Speedys Scaffolding Limited

58.3% - Industry AVG

SPEEDYS SCAFFOLDING LIMITED financials

EXPORTms excel logo

Speedys Scaffolding Limited's latest turnover from February 2023 is estimated at £193.2 thousand and the company has net assets of £60.9 thousand. According to their latest financial statements, Speedys Scaffolding Limited has 2 employees and maintains cash reserves of £88.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Turnover193,158141,926109,720105,29814,71414,60167,766117,124301,491262,163335,034290,50980,216
Other Income Or Grants0000000000000
Cost Of Sales120,63388,79470,16565,5159,1748,88340,71270,600181,380151,265192,236163,71130,274
Gross Profit72,52553,13239,55539,7845,5405,71827,05546,524120,111110,898142,798126,79849,942
Admin Expenses99859,97124,53544,761-26,38526,59522,94847,398121,393135,937140,930102,36744,538
Operating Profit71,527-6,83915,020-4,97731,925-20,8774,107-874-1,282-25,0391,86824,4315,404
Interest Payable3,4382,4831,2200000000000
Interest Receivable2,2502835120118511263653235103730
Pre-Tax Profit70,338-9,03813,851-4,77632,110-20,7654,170-809-1,250-25,0041,97124,5045,404
Tax-13,3640-2,6320-6,1010-834000-473-6,3710
Profit After Tax56,974-9,03811,219-4,77626,009-20,7653,336-809-1,250-25,0041,49818,1335,404
Dividends Paid0000000000000
Retained Profit56,974-9,03811,219-4,77626,009-20,7653,336-809-1,250-25,0041,49818,1335,404
Employee Costs73,16470,40868,68074,66639,99637,74035,21080,403194,240147,481206,434184,19113,403
Number Of Employees2222111254652
EBITDA*87,98111,06924,4685336,955-14,44810,5361,9345,973-17,7848,07829,1567,336

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Tangible Assets49,36065,81449,9723,6318,66113,69120,12012,71815,52622,78130,03615,5196,354
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets49,36065,81449,9723,6318,66113,69120,12012,71815,52622,78130,03615,5196,354
Stock & work in progress0000000000000
Trade Debtors003,47412,6502,4902,5309,66217,94044,66239,69646,85439,6626,524
Group Debtors0000000000000
Misc Debtors9220000003,06200001,705
Cash88,42724,05689,26912,44241,0988,18836,47313,73512,14160913,48527,6531,511
misc current assets0000000000000
total current assets89,34924,05692,74325,09243,58810,71846,13534,73756,80340,30560,33967,3159,740
total assets138,70989,870142,71528,72352,24924,40966,25547,45572,32963,08690,37582,83416,094
Bank overdraft5,2455,40000000000000
Bank loan002,0000000000000
Trade Creditors 0030,3600000073,54863,05565,33959,2964,619
Group/Directors Accounts0036,95817,52724,38532,90039,69748,15000000
other short term finances0000000000000
hp & lease commitments4,64610,22215,79801,9486,9456,945000000
other current liabilities40,76339,2976,6039,41919,3632,96211,1911,33200006,070
total current liabilities50,65454,91991,71926,94645,69642,80757,83349,48273,54863,05565,33959,29610,689
loans27,12330,99338,0000000000000
hp & lease commitments000001,0587,113000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities27,12330,99338,000001,0587,113000000
total liabilities77,77785,912129,71926,94645,69643,86564,94649,48273,54863,05565,33959,29610,689
net assets60,9323,95812,9961,7776,553-19,4561,309-2,027-1,2193125,03623,5385,405
total shareholders funds60,9323,95812,9961,7776,553-19,4561,309-2,027-1,2193125,03623,5385,405
Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Operating Activities
Operating Profit71,527-6,83915,020-4,97731,925-20,8774,107-874-1,282-25,0391,86824,4315,404
Depreciation16,45417,9089,4485,0305,0306,4296,4292,8087,2557,2556,2104,7251,932
Amortisation0000000000000
Tax-13,3640-2,6320-6,1010-834000-473-6,3710
Stock0000000000000
Debtors922-3,474-9,17610,160-40-7,132-11,340-23,6604,966-7,1587,19231,4338,229
Creditors0-30,36030,3600000-73,54810,493-2,2846,04354,6774,619
Accruals and Deferred Income1,46632,694-2,816-9,94416,401-8,2299,8591,332000-6,0706,070
Deferred Taxes & Provisions0000000000000
Cash flow from operations75,16116,87758,556-20,05147,295-15,54530,901-46,62211,500-12,9106,45639,9599,796
Investing Activities
capital expenditure0-33,750-55,789000-13,831000-20,727-13,890-8,286
Change in Investments0000000000000
cash flow from investments0-33,750-55,789000-13,831000-20,727-13,890-8,286
Financing Activities
Bank loans0-2,0002,0000000000000
Group/Directors Accounts0-36,95819,431-6,858-8,515-6,797-8,45348,15000000
Other Short Term Loans 0000000000000
Long term loans-3,870-7,00738,0000000000000
Hire Purchase and Lease Commitments-5,576-5,57615,798-1,948-6,055-6,05514,058000000
other long term liabilities0000000000000
share issue000000010-1001
interest-1,188-2,200-1,16920118511263653235103730
cash flow from financing-10,634-53,74174,060-8,605-14,385-12,7405,66848,2163234103731
cash and cash equivalents
cash64,371-65,21376,827-28,65632,910-28,28522,7381,59411,532-12,876-14,16826,1421,511
overdraft-1555,40000000000000
change in cash64,526-70,61376,827-28,65632,910-28,28522,7381,59411,532-12,876-14,16826,1421,511

speedys scaffolding 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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Speedys Scaffolding Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for speedys scaffolding limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SM1 area or any other competitors across 12 key performance metrics.

speedys scaffolding limited Ownership

SPEEDYS SCAFFOLDING LIMITED group structure

Speedys Scaffolding Limited has no subsidiary companies.

Ultimate parent company

SPEEDYS SCAFFOLDING LIMITED

07156176

SPEEDYS SCAFFOLDING LIMITED Shareholders

mr gary bowen 100%

speedys scaffolding limited directors

Speedys Scaffolding Limited currently has 1 director, Mr Gary Bowen serving since Feb 2010.

officercountryagestartendrole
Mr Gary BowenEngland58 years Feb 2010- Director

P&L

February 2023

turnover

193.2k

+36%

operating profit

71.5k

0%

gross margin

37.6%

+0.3%

turnover

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

Balance Sheet

February 2023

net assets

60.9k

+14.39%

total assets

138.7k

+0.54%

cash

88.4k

+2.68%

net assets

Total assets minus all liabilities

speedys scaffolding limited company details

company number

07156176

Type

Private limited with Share Capital

industry

43991 - Scaffold erection

incorporation date

February 2010

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2023

previous names

N/A

accountant

R.T CRUSE

auditor

-

address

60 poulton avenue, sutton, surrey, SM1 3PY

Bank

-

Legal Advisor

-

speedys scaffolding 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 speedys scaffolding limited.

charges

speedys scaffolding limited Companies House Filings - See Documents

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