castle industrial supplies ltd Company Information
Company Number
07207824
Website
www.castleindustrial.comRegistered Address
unit 6 oakwood way, carnforth business park, carnforth, lancashire, LA5 9FD
Industry
Non-specialised wholesale trade
Telephone
01524734040
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
castle industrial supplies holdings limited 100%
castle industrial supplies ltd Estimated Valuation
Pomanda estimates the enterprise value of CASTLE INDUSTRIAL SUPPLIES LTD at £7.7m based on a Turnover of £19m and 0.4x industry multiple (adjusted for size and gross margin).
castle industrial supplies ltd Estimated Valuation
Pomanda estimates the enterprise value of CASTLE INDUSTRIAL SUPPLIES LTD at £13.8m based on an EBITDA of £3.2m and a 4.33x industry multiple (adjusted for size and gross margin).
castle industrial supplies ltd Estimated Valuation
Pomanda estimates the enterprise value of CASTLE INDUSTRIAL SUPPLIES LTD at £15.1m based on Net Assets of £10m and 1.51x industry multiple (adjusted for liquidity).
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Castle Industrial Supplies Ltd Overview
Castle Industrial Supplies Ltd is a live company located in carnforth, LA5 9FD with a Companies House number of 07207824. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in March 2010, it's largest shareholder is castle industrial supplies holdings limited with a 100% stake. Castle Industrial Supplies Ltd is a established, mid sized company, Pomanda has estimated its turnover at £19m with rapid growth in recent years.
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Castle Industrial Supplies Ltd Health Check
Pomanda's financial health check has awarded Castle Industrial Supplies Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £19m, make it larger than the average company (£14.6m)
£19m - Castle Industrial Supplies Ltd
£14.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (4.2%)
- Castle Industrial Supplies Ltd
4.2% - Industry AVG
Production
with a gross margin of 28.3%, this company has a comparable cost of product (28.1%)
28.3% - Castle Industrial Supplies Ltd
28.1% - Industry AVG
Profitability
an operating margin of 15.7% make it more profitable than the average company (5.9%)
15.7% - Castle Industrial Supplies Ltd
5.9% - Industry AVG
Employees
with 44 employees, this is similar to the industry average (40)
44 - Castle Industrial Supplies Ltd
40 - Industry AVG
Pay Structure
on an average salary of £51.8k, the company has a higher pay structure (£42.1k)
£51.8k - Castle Industrial Supplies Ltd
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £432.2k, this is more efficient (£356.9k)
£432.2k - Castle Industrial Supplies Ltd
£356.9k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (53 days)
65 days - Castle Industrial Supplies Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (35 days)
18 days - Castle Industrial Supplies Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 88 days, this is in line with average (79 days)
88 days - Castle Industrial Supplies Ltd
79 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (15 weeks)
42 weeks - Castle Industrial Supplies Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.8%, this is a lower level of debt than the average (47.9%)
15.8% - Castle Industrial Supplies Ltd
47.9% - Industry AVG
castle industrial supplies ltd Credit Report and Business Information
Castle Industrial Supplies Ltd Competitor Analysis
Perform a competitor analysis for castle industrial supplies ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
castle industrial supplies ltd Ownership
CASTLE INDUSTRIAL SUPPLIES LTD group structure
Castle Industrial Supplies Ltd has no subsidiary companies.
Ultimate parent company
CASTLE INDUSTRIAL SUPPLIES LTD
07207824
castle industrial supplies ltd directors
Castle Industrial Supplies Ltd currently has 5 directors. The longest serving directors include Mr Kenneth James (Mar 2010) and Mr Christopher James (Mar 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kenneth James | England | 79 years | Mar 2010 | - | Director |
Mr Christopher James | England | 51 years | Mar 2010 | - | Director |
Mr Callum James | England | 26 years | Oct 2019 | - | Director |
Mr Liam James | England | 26 years | Oct 2019 | - | Director |
Mr Tristan James | 22 years | Feb 2022 | - | Director |
CASTLE INDUSTRIAL SUPPLIES LTD financials
Castle Industrial Supplies Ltd's latest turnover from December 2022 is £19 million and the company has net assets of £10 million. According to their latest financial statements, Castle Industrial Supplies Ltd has 44 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 19,017,342 | 14,030,802 | 12,090,817 | ||||||||||
Other Income Or Grants | 0 | 0 | 0 | ||||||||||
Cost Of Sales | 13,627,762 | 9,676,184 | 8,135,594 | ||||||||||
Gross Profit | 5,389,580 | 4,354,618 | 3,955,223 | ||||||||||
Admin Expenses | 2,408,907 | 1,841,033 | 1,607,713 | ||||||||||
Operating Profit | 2,980,673 | 2,513,585 | 2,347,510 | ||||||||||
Interest Payable | 10,590 | 10,000 | 17,752 | ||||||||||
Interest Receivable | 3,182 | 186 | 2,825 | ||||||||||
Pre-Tax Profit | 2,973,265 | 2,503,771 | 2,332,583 | ||||||||||
Tax | -575,472 | -527,095 | -464,150 | ||||||||||
Profit After Tax | 2,397,793 | 1,976,676 | 1,868,433 | ||||||||||
Dividends Paid | 515,345 | 885,156 | 361,680 | ||||||||||
Retained Profit | 1,882,448 | 1,091,520 | 1,506,753 | ||||||||||
Employee Costs | 2,280,601 | 1,784,182 | 1,520,514 | ||||||||||
Number Of Employees | 44 | 34 | 31 | 30 | 27 | 25 | 21 | ||||||
EBITDA* | 3,181,883 | 2,657,166 | 2,462,723 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,110,971 | 2,643,905 | 2,546,623 | 2,549,540 | 2,579,883 | 2,638,769 | 2,635,671 | 2,228,342 | 2,301,371 | 2,384,186 | 2,513,177 | 548,073 | 504,078 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 30,560 | 152,812 | 275,062 | 397,312 | 519,562 | 641,812 | 764,062 | 855,750 |
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 | 3,110,971 | 2,643,905 | 2,546,623 | 2,549,540 | 2,579,883 | 2,669,329 | 2,788,483 | 2,503,404 | 2,698,683 | 2,903,748 | 3,154,989 | 1,312,135 | 1,359,828 |
Stock & work in progress | 3,316,455 | 1,917,119 | 1,517,287 | 1,385,505 | 1,255,991 | 1,382,978 | 842,970 | 620,729 | 517,545 | 504,194 | 497,886 | 435,380 | 363,129 |
Trade Debtors | 3,388,348 | 2,206,560 | 1,645,034 | 1,454,533 | 1,353,033 | 1,122,470 | 985,093 | 952,616 | 997,817 | 904,157 | 829,781 | 737,061 | 729,330 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 818,426 | 620,862 | 81,290 | 45,038 | 30,717 | 40,974 | 30,224 | 11,957 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,221,264 | 2,864,703 | 3,020,619 | 1,553,406 | 1,189,994 | 777,439 | 926,983 | 988,995 | 535,260 | 325,018 | 277,446 | 460,359 | 806,890 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 8,744,493 | 7,609,244 | 6,264,230 | 4,438,482 | 3,829,735 | 3,323,861 | 2,785,270 | 2,574,297 | 2,050,622 | 1,733,369 | 1,605,113 | 1,632,800 | 1,899,349 |
total assets | 11,855,464 | 10,253,149 | 8,810,853 | 6,988,022 | 6,409,618 | 5,993,190 | 5,573,753 | 5,077,701 | 4,749,305 | 4,637,117 | 4,760,102 | 2,944,935 | 3,259,177 |
Bank overdraft | 0 | 0 | 0 | 78,774 | 104,896 | 104,896 | 105,204 | 105,205 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 672,559 | 697,289 | 614,739 | 364,076 | 302,424 | 444,382 | 277,109 | 188,290 | 723,770 | 863,336 | 646,932 | 663,706 | 940,522 |
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 | 838,253 | 1,191,792 | 984,220 | 862,802 | 1,066,036 | 960,919 | 940,084 | 1,007,880 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,510,812 | 1,889,081 | 1,598,959 | 1,305,652 | 1,473,356 | 1,510,197 | 1,322,397 | 1,301,375 | 723,770 | 863,336 | 646,932 | 663,706 | 940,522 |
loans | 100,000 | 100,000 | 100,000 | 100,000 | 178,774 | 283,670 | 388,566 | 493,462 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 28,038 | 61,203 | 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 | 1,617,607 | 1,929,320 | 2,808,178 | 1,500,535 | 1,929,732 |
provisions | 256,921 | 158,785 | 98,131 | 75,360 | 72,904 | 72,806 | 76,118 | 28,484 | 25,118 | 38,763 | 34,044 | 25,197 | 13,936 |
total long term liabilities | 356,921 | 258,785 | 198,131 | 175,360 | 251,678 | 384,514 | 525,887 | 521,946 | 1,642,725 | 1,968,083 | 2,842,222 | 1,525,732 | 1,943,668 |
total liabilities | 1,867,733 | 2,147,866 | 1,797,090 | 1,481,012 | 1,725,034 | 1,894,711 | 1,848,284 | 1,823,321 | 2,366,495 | 2,831,419 | 3,489,154 | 2,189,438 | 2,884,190 |
net assets | 9,987,731 | 8,105,283 | 7,013,763 | 5,507,010 | 4,684,584 | 4,098,479 | 3,725,469 | 3,254,380 | 2,382,810 | 1,805,698 | 1,270,948 | 755,497 | 374,987 |
total shareholders funds | 9,987,731 | 8,105,283 | 7,013,763 | 5,507,010 | 4,684,584 | 4,098,479 | 3,725,469 | 3,254,380 | 2,382,810 | 1,805,698 | 1,270,948 | 755,497 | 374,987 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 2,980,673 | 2,513,585 | 2,347,510 | ||||||||||
Depreciation | 201,210 | 143,581 | 115,213 | 106,244 | 105,819 | 107,602 | 81,288 | 96,435 | 89,023 | 45,791 | 22,645 | 22,155 | |
Amortisation | 0 | 0 | 0 | 0 | 30,560 | 122,252 | 122,250 | 122,250 | 122,250 | 122,250 | 91,688 | 122,250 | |
Tax | -575,472 | -527,095 | -464,150 | ||||||||||
Stock | 1,399,336 | 399,832 | 131,782 | 129,514 | -126,987 | 540,008 | 222,241 | 103,184 | 13,351 | 6,308 | 62,506 | 435,380 | 363,129 |
Debtors | 1,379,352 | 1,101,098 | 226,753 | 115,821 | 220,306 | 148,127 | 50,744 | -33,244 | 93,660 | 74,376 | 92,720 | 737,061 | 729,330 |
Creditors | -24,730 | 82,550 | 250,663 | 61,652 | -141,958 | 167,273 | 88,819 | -535,480 | -139,566 | 216,404 | -16,774 | 663,706 | 940,522 |
Accruals and Deferred Income | -353,539 | 207,572 | 121,418 | -203,234 | 105,117 | 20,835 | -67,796 | 1,007,880 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 98,136 | 60,654 | 22,771 | 2,456 | 98 | -3,312 | 47,634 | 3,366 | -13,645 | 4,719 | 8,847 | 25,197 | 13,936 |
Cash flow from operations | -452,410 | 979,917 | 2,034,890 | ||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
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 | 0 | 0 | 0 | -78,774 | -104,896 | -104,896 | -104,896 | 493,462 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -28,038 | -33,165 | 61,203 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,617,607 | -311,713 | -878,858 | 1,307,643 | 1,500,535 | 1,929,732 |
share issue | |||||||||||||
interest | -7,408 | -9,814 | -14,927 | ||||||||||
cash flow from financing | -7,408 | -9,814 | -14,927 | ||||||||||
cash and cash equivalents | |||||||||||||
cash | -1,643,439 | -155,916 | 1,467,213 | 363,412 | 412,555 | -149,544 | -62,012 | 453,735 | 210,242 | 47,572 | -182,913 | 460,359 | 806,890 |
overdraft | 0 | 0 | -78,774 | -26,122 | 0 | -308 | -1 | 105,205 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,643,439 | -155,916 | 1,545,987 | 389,534 | 412,555 | -149,236 | -62,011 | 348,530 | 210,242 | 47,572 | -182,913 | 460,359 | 806,890 |
P&L
December 2022turnover
19m
+36%
operating profit
3m
+19%
gross margin
28.4%
-8.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
10m
+0.23%
total assets
11.9m
+0.16%
cash
1.2m
-0.57%
net assets
Total assets minus all liabilities
castle industrial supplies ltd company details
company number
07207824
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
March 2010
age
14
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 6 oakwood way, carnforth business park, carnforth, lancashire, LA5 9FD
last accounts submitted
December 2022
castle industrial supplies ltd 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 2 charges/mortgages relating to castle industrial supplies ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
castle industrial supplies ltd Companies House Filings - See Documents
date | description | view/download |
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