skidmore instrument services ltd
skidmore instrument services ltd Company Information
Company Number
07411792
Next Accounts
Jul 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Shareholders
john mark skidmore
debra skidmore
Group Structure
View All
Contact
Registered Address
22 callerton court, darras hall, ponteland, newcastle upon tyne, northumberland, NE20 9EN
Website
-skidmore instrument services ltd Estimated Valuation
Pomanda estimates the enterprise value of SKIDMORE INSTRUMENT SERVICES LTD at £138.5k based on a Turnover of £235.7k and 0.59x industry multiple (adjusted for size and gross margin).
skidmore instrument services ltd Estimated Valuation
Pomanda estimates the enterprise value of SKIDMORE INSTRUMENT SERVICES LTD at £0 based on an EBITDA of £-4.2k and a 4.28x industry multiple (adjusted for size and gross margin).
skidmore instrument services ltd Estimated Valuation
Pomanda estimates the enterprise value of SKIDMORE INSTRUMENT SERVICES LTD at £0 based on Net Assets of £-6.6k and 2.22x industry multiple (adjusted for liquidity).
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Skidmore Instrument Services Ltd Overview
Skidmore Instrument Services Ltd is a live company located in newcastle upon tyne, NE20 9EN with a Companies House number of 07411792. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in October 2010, it's largest shareholder is john mark skidmore with a 50% stake. Skidmore Instrument Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £235.7k with high growth in recent years.
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Skidmore Instrument Services Ltd Health Check
Pomanda's financial health check has awarded Skidmore Instrument Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £235.7k, make it smaller than the average company (£1.8m)
- Skidmore Instrument Services Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.2%)
- Skidmore Instrument Services Ltd
6.2% - Industry AVG
Production
with a gross margin of 44.9%, this company has a comparable cost of product (44.9%)
- Skidmore Instrument Services Ltd
44.9% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (5.8%)
- Skidmore Instrument Services Ltd
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
2 - Skidmore Instrument Services Ltd
17 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Skidmore Instrument Services Ltd
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £117.9k, this is equally as efficient (£117.9k)
- Skidmore Instrument Services Ltd
£117.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Skidmore Instrument Services Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Skidmore Instrument Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Skidmore Instrument Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is more cash available to meet short term requirements (28 weeks)
70 weeks - Skidmore Instrument Services Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 167.7%, this is a higher level of debt than the average (52.7%)
167.7% - Skidmore Instrument Services Ltd
52.7% - Industry AVG
SKIDMORE INSTRUMENT SERVICES LTD financials
Skidmore Instrument Services Ltd's latest turnover from October 2023 is estimated at £235.7 thousand and the company has net assets of -£6.6 thousand. According to their latest financial statements, Skidmore Instrument Services Ltd has 2 employees and maintains cash reserves of £8.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,117 | 1,489 | 469 | 881 | 1,302 | 209 | 279 | 937 | 1,626 | 2,356 | 881 | 1,174 | 524 |
| 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 | 1,117 | 1,489 | 469 | 881 | 1,302 | 209 | 279 | 937 | 1,626 | 2,356 | 881 | 1,174 | 524 |
| Stock & work in progress | 0 | 0 | 2,970 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 14,256 | 12,600 | 19,470 | 28,313 | 29,670 | 0 | 2,643 | 13,513 | 1 | 1 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 432 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,637 | 23,844 | 19,974 | 8,163 | 0 | 0 | 0 | 9,700 | 6,604 | 9,609 | 787 | 17,009 | 5,547 |
| misc current assets | 0 | 0 | 0 | 29,806 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,637 | 23,844 | 37,200 | 51,001 | 19,470 | 28,313 | 29,670 | 9,700 | 9,247 | 23,122 | 788 | 17,010 | 5,548 |
| total assets | 9,754 | 25,333 | 37,669 | 51,882 | 20,772 | 28,522 | 29,949 | 10,637 | 10,873 | 25,478 | 1,669 | 18,184 | 6,072 |
| Bank overdraft | 6,000 | 6,000 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 20,761 | 23,903 | 21,212 | 9,969 | 10,871 | 16,881 | 276 | 14,599 | 6,504 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 4,615 | 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 | 360 | 4,101 | 8,734 | 21,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,360 | 10,101 | 14,734 | 21,668 | 20,761 | 28,518 | 21,212 | 9,969 | 10,871 | 16,881 | 276 | 14,599 | 6,504 |
| loans | 10,000 | 16,000 | 21,756 | 30,000 | 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 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,000 | 16,000 | 21,756 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 16,360 | 26,101 | 36,490 | 51,668 | 20,761 | 28,518 | 21,212 | 9,969 | 10,871 | 16,881 | 276 | 14,599 | 6,504 |
| net assets | -6,606 | -768 | 1,179 | 214 | 11 | 4 | 8,737 | 668 | 2 | 8,597 | 1,393 | 3,585 | -432 |
| total shareholders funds | -6,606 | -768 | 1,179 | 214 | 11 | 4 | 8,737 | 668 | 2 | 8,597 | 1,393 | 3,585 | -432 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 372 | 497 | 412 | 689 | 730 | 785 | 293 | 392 | 175 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||||||
| Stock | 0 | -2,970 | 2,970 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -14,256 | 1,224 | -6,438 | -8,843 | -1,357 | 29,670 | -2,643 | -10,870 | 13,512 | 0 | 0 | 1 |
| Creditors | 0 | 0 | 0 | -20,761 | -3,142 | 2,691 | 11,243 | -902 | -6,010 | 16,605 | -14,323 | 8,095 | 6,504 |
| Accruals and Deferred Income | -3,741 | -4,633 | -12,934 | 21,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| 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 | -4,615 | 4,615 | 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 | -6,000 | -5,756 | -8,244 | 30,000 | 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 | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -15,207 | 3,870 | 11,811 | 8,163 | 0 | 0 | -9,700 | 3,096 | -3,005 | 8,822 | -16,222 | 11,462 | 5,547 |
| overdraft | 0 | 0 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -15,207 | 3,870 | 5,811 | 8,163 | 0 | 0 | -9,700 | 3,096 | -3,005 | 8,822 | -16,222 | 11,462 | 5,547 |
skidmore instrument services ltd Credit Report and Business Information
Skidmore Instrument Services Ltd Competitor Analysis
Perform a competitor analysis for skidmore instrument services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NE20 area or any other competitors across 12 key performance metrics.
skidmore instrument services ltd Ownership
SKIDMORE INSTRUMENT SERVICES LTD group structure
Skidmore Instrument Services Ltd has no subsidiary companies.
Ultimate parent company
SKIDMORE INSTRUMENT SERVICES LTD
07411792
skidmore instrument services ltd directors
Skidmore Instrument Services Ltd currently has 2 directors. The longest serving directors include Mr John Skidmore (Oct 2010) and Mrs Debra Skidmore (Nov 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Skidmore | England | 57 years | Oct 2010 | - | Director |
| Mrs Debra Skidmore | United Kingdom | 56 years | Nov 2010 | - | Director |
P&L
October 2023turnover
235.7k
+5%
operating profit
-4.6k
0%
gross margin
44.9%
+1.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-6.6k
+7.6%
total assets
9.8k
-0.61%
cash
8.6k
-0.64%
net assets
Total assets minus all liabilities
skidmore instrument services ltd company details
company number
07411792
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
October 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
22 callerton court, darras hall, ponteland, newcastle upon tyne, northumberland, NE20 9EN
Bank
BARCLAYS BANK PLC
Legal Advisor
-
skidmore instrument services 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 did not find charges/mortgages relating to skidmore instrument services ltd.
skidmore instrument services ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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skidmore instrument services ltd Companies House Filings - See Documents
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