Pomanda estimates the enterprise value of SWIFTFORM LIMITED at £713.3k based on a Turnover of £1.8m and 0.39x industry multiple (adjusted for size and gross margin).
swiftform limitedEstimated Valuation
£23.4k
Pomanda estimates the enterprise value of SWIFTFORM LIMITED at £23.4k based on an EBITDA of £6k and a 3.87x industry multiple (adjusted for size and gross margin).
swiftform limitedEstimated Valuation
£285.1k
Pomanda estimates the enterprise value of SWIFTFORM LIMITED at £285.1k based on Net Assets of £140.8k and 2.03x industry multiple (adjusted for liquidity).
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Swiftform LimitedOverview
Swiftform Limited is a live company located in wolverhampton, WV10 7EL with a Companies House number of 07551526. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in March 2011, it's largest shareholder is
kerry gibbons
with a 38% stake. Swiftform Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.8m with
high
growth in recent years.
Pomanda's financial health check has awarded Swiftform Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£18.2m)
£1.8m - Swiftform Limited
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (9.3%)
19% - Swiftform Limited
9.3% - Industry AVG
Production
with a gross margin of 23.9%, this company has a comparable cost of product (23.9%)
23.9% - Swiftform Limited
23.9% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (4.7%)
0.1% - Swiftform Limited
4.7% - Industry AVG
Employees
with 8 employees, this is below the industry average (39)
8 - Swiftform Limited
39 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
£41.9k - Swiftform Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £229.2k, this is less efficient (£396.9k)
£229.2k - Swiftform Limited
£396.9k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (46 days)
46 days - Swiftform Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (40 days)
64 days - Swiftform Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (56 days)
31 days - Swiftform Limited
56 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - Swiftform Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.9%, this is a higher level of debt than the average (48.1%)
68.9% - Swiftform Limited
48.1% - Industry AVG
SWIFTFORM LIMITED financials
EXPORT
Swiftform Limited's latest turnover from September 2023 is estimated at £1.8 million and the company has net assets of £140.8 thousand. According to their latest financial statements, Swiftform Limited has 8 employees and maintains cash reserves of £34.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Turnover
1,833,442
1,805,707
1,117,177
1,074,913
1,053,103
681,775
Other Income Or Grants
Cost Of Sales
1,395,898
1,372,917
842,174
807,100
805,680
520,214
Gross Profit
437,544
432,790
275,003
267,814
247,423
161,561
Admin Expenses
435,357
392,608
232,768
231,713
205,591
140,192
Operating Profit
2,187
40,182
42,235
36,101
41,832
21,369
Interest Payable
4,875
4,056
3,050
1,525
Interest Receivable
2,247
791
34
33
212
101
Pre-Tax Profit
-441
36,917
39,220
34,609
42,044
21,470
Tax
-7,014
-7,452
-6,576
-7,988
-4,079
Profit After Tax
-441
29,903
31,768
28,033
34,056
17,391
Dividends Paid
Retained Profit
-441
29,903
31,768
28,033
34,056
17,391
Employee Costs
334,917
323,651
187,178
183,546
215,455
210,000
Number Of Employees
8
8
5
5
6
6
EBITDA*
6,042
43,727
43,133
36,997
43,413
21,827
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Tangible Assets
42,907
36,066
9,611
4,399
8,961
10,542
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
42,907
36,066
9,611
4,399
8,961
10,542
Stock & work in progress
121,651
69,479
70,608
28,478
33,291
35,378
Trade Debtors
232,732
277,094
267,328
233,534
187,251
66,952
Group Debtors
117,401
Misc Debtors
21,523
36,443
19,053
22,527
Cash
34,148
51,465
18,869
49,942
16,247
40,349
100
misc current assets
total current assets
410,054
434,481
356,805
331,007
259,316
260,080
100
total assets
452,961
470,547
366,416
335,406
268,277
270,622
100
Bank overdraft
Bank loan
10,000
10,000
1,667
Trade Creditors
246,377
251,718
127,122
135,871
150,241
79,753
Group/Directors Accounts
115,555
other short term finances
hp & lease commitments
other current liabilities
19,288
22,391
75,542
69,119
64,786
55,820
total current liabilities
275,665
284,109
204,331
204,990
215,027
251,128
loans
28,334
38,334
48,334
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
8,152
6,853
2,403
836
1,703
2,003
total long term liabilities
36,486
45,187
50,737
50,836
1,703
2,003
total liabilities
312,151
329,296
255,068
255,826
216,730
253,131
net assets
140,810
141,251
111,348
79,580
51,547
17,491
100
total shareholders funds
140,810
141,251
111,348
79,580
51,547
17,491
100
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Operating Activities
Operating Profit
2,187
40,182
42,235
36,101
41,832
21,369
Depreciation
3,855
3,545
898
896
1,581
458
Amortisation
Tax
-7,014
-7,452
-6,576
-7,988
-4,079
Stock
52,172
-1,129
42,130
-4,813
-2,087
35,378
Debtors
-59,282
46,209
14,741
42,809
25,425
184,353
Creditors
-5,341
124,596
-8,749
-14,370
70,488
79,753
Accruals and Deferred Income
-3,103
-53,151
6,423
4,333
8,966
55,820
Deferred Taxes & Provisions
1,299
4,450
1,567
-867
-300
2,003
Cash flow from operations
6,007
67,528
-21,949
-18,479
91,241
-64,407
Investing Activities
capital expenditure
-10,696
-30,000
-6,110
3,666
-11,000
Change in Investments
cash flow from investments
-10,696
-30,000
-6,110
3,666
-11,000
Financing Activities
Bank loans
8,333
1,667
Group/Directors Accounts
-115,555
115,555
Other Short Term Loans
Long term loans
-10,000
-10,000
-1,666
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-2,628
-3,265
-3,016
-1,492
212
101
cash flow from financing
-12,628
-4,932
-3,015
48,508
-115,343
115,656
100
cash and cash equivalents
cash
-17,317
32,596
-31,073
33,695
-24,102
40,249
100
overdraft
change in cash
-17,317
32,596
-31,073
33,695
-24,102
40,249
100
swiftform 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 swiftform limited. Get real-time insights into swiftform limited's credit score, group structure and payment trends.
Perform a competitor analysis for swiftform limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WV10 area or any other competitors across 12 key performance metrics.
swiftform limited Ownership
SWIFTFORM LIMITED group structure
Swiftform Limited has no subsidiary companies.
Ultimate parent company
SWIFTFORM LIMITED
07551526
SWIFTFORM LIMITED Shareholders
The largest shareholders in Swiftform Limited include Kerry Gibbons and Elizabeth Hague.
kerry gibbons
38%
elizabeth hague
37%
spencer law
25%
swiftform limited directors
Swiftform Limited currently has 3 directors.
The longest serving directors include
Mr Craig Gibbons (Mar 2011) and
Mr Matthew Hague (Mar 2011).
46730 - Wholesale of wood, construction materials and sanitary equipment
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
total group, pinnacle point boundary ind est, wolverhampton, WV10 7EL
Bank
-
Legal Advisor
-
swiftform 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 swiftform limited.
swiftform limited Capital Raised & Share Issues BETA
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swiftform limitedCompanies House Filings - See Documents
