solent plastering ltd
solent plastering ltd Company Information
Company Number
07588367
Next Accounts
1901 days late
Shareholders
ashley stephen ingram
andrew schuring
Group Structure
View All
Industry
Plastering
Registered Address
51 upmill close west end, southampton, hampshire, SO30 3HT
solent plastering ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLENT PLASTERING LTD at £1.5m based on a Turnover of £3.3m and 0.45x industry multiple (adjusted for size and gross margin).
solent plastering ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLENT PLASTERING LTD at £1.7m based on an EBITDA of £391.4k and a 4.43x industry multiple (adjusted for size and gross margin).
solent plastering ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLENT PLASTERING LTD at £1.8m based on Net Assets of £775.9k and 2.32x industry multiple (adjusted for liquidity).
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Solent Plastering Ltd Overview
Solent Plastering Ltd is a live company located in hampshire, SO30 3HT with a Companies House number of 07588367. It operates in the plastering sector, SIC Code 43310. Founded in April 2011, it's largest shareholder is ashley stephen ingram with a 50% stake. Solent Plastering Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.3m with healthy growth in recent years.
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Solent Plastering Ltd Health Check
Pomanda's financial health check has awarded Solent Plastering Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 0 areas for improvement. Company Health Check FAQs
3 Strong
7 Regular
0 Weak
Size
annual sales of £3.3m, make it larger than the average company (£246.2k)
- Solent Plastering Ltd
£246.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.9%)
- Solent Plastering Ltd
6.9% - Industry AVG
Production
with a gross margin of 28.9%, this company has a comparable cost of product (28.9%)
- Solent Plastering Ltd
28.9% - Industry AVG
Profitability
an operating margin of 11.6% make it as profitable than the average company (12%)
- Solent Plastering Ltd
12% - Industry AVG
Employees
with 22 employees, this is above the industry average (5)
- Solent Plastering Ltd
5 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)
- Solent Plastering Ltd
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £151k, this is equally as efficient (£151.8k)
- Solent Plastering Ltd
£151.8k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (40 days)
- Solent Plastering Ltd
40 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Solent Plastering Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solent Plastering Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (20 weeks)
19 weeks - Solent Plastering Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (60.5%)
25.9% - Solent Plastering Ltd
60.5% - Industry AVG
SOLENT PLASTERING LTD financials
Solent Plastering Ltd's latest turnover from April 2018 is estimated at £3.3 million and the company has net assets of £775.9 thousand. According to their latest financial statements, we estimate that Solent Plastering Ltd has 22 employees and maintains cash reserves of £96.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|
| 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 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 142,400 | 149,868 | 144,894 | 16,858 | 4,879 | ||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 142,400 | 149,868 | 144,894 | 16,858 | 4,879 | ||
| Stock & work in progress | |||||||
| Trade Debtors | 370,277 | 126,267 | 303,808 | 404,243 | 178,674 | 120,097 | 13,557 |
| Group Debtors | |||||||
| Misc Debtors | 437,910 | 179,289 | 340,695 | ||||
| Cash | 96,350 | 125,869 | 71,870 | 34,464 | 57,699 | 19,260 | 356 |
| misc current assets | |||||||
| total current assets | 904,537 | 431,425 | 716,373 | 438,707 | 236,373 | 139,357 | 13,913 |
| total assets | 1,046,937 | 581,293 | 861,267 | 455,565 | 241,252 | 139,357 | 13,913 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 238,459 | 114,068 | 52,793 | 10,664 | |||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 260,463 | 92,724 | 463,887 | ||||
| total current liabilities | 260,463 | 92,724 | 463,887 | 238,459 | 114,068 | 52,793 | 10,664 |
| loans | |||||||
| hp & lease commitments | 10,530 | 24,035 | 21,785 | ||||
| Accruals and Deferred Income | |||||||
| other liabilities | 11,968 | ||||||
| provisions | |||||||
| total long term liabilities | 10,530 | 24,035 | 21,785 | 11,968 | |||
| total liabilities | 270,993 | 116,759 | 485,672 | 250,427 | 114,068 | 52,793 | 10,664 |
| net assets | 775,944 | 464,534 | 375,595 | 205,138 | 127,184 | 86,564 | 3,249 |
| total shareholders funds | 775,944 | 464,534 | 375,595 | 205,138 | 127,184 | 86,564 | 3,249 |
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 7,468 | 6,224 | 5,964 | 443 | |||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 502,631 | -338,947 | 240,260 | 225,569 | 58,577 | 106,540 | 13,557 |
| Creditors | -238,459 | 124,391 | 61,275 | 42,129 | 10,664 | ||
| Accruals and Deferred Income | 167,739 | -371,163 | 463,887 | ||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | -13,505 | 2,250 | 21,785 | ||||
| other long term liabilities | -11,968 | 11,968 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -29,519 | 53,999 | 37,406 | -23,235 | 38,439 | 18,904 | 356 |
| overdraft | |||||||
| change in cash | -29,519 | 53,999 | 37,406 | -23,235 | 38,439 | 18,904 | 356 |
solent plastering ltd Credit Report and Business Information
Solent Plastering Ltd Competitor Analysis
Perform a competitor analysis for solent plastering ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SO30 area or any other competitors across 12 key performance metrics.
solent plastering ltd Ownership
SOLENT PLASTERING LTD group structure
Solent Plastering Ltd has no subsidiary companies.
Ultimate parent company
SOLENT PLASTERING LTD
07588367
solent plastering ltd directors
Solent Plastering Ltd currently has 2 directors. The longest serving directors include Mr Ashley Ingram (Apr 2011) and Mr Andrew Schuring (Apr 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashley Ingram | England | 44 years | Apr 2011 | - | Director |
| Mr Andrew Schuring | England | 44 years | Apr 2011 | - | Director |
P&L
April 2018turnover
3.3m
+242%
operating profit
383.9k
0%
gross margin
29%
-6.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2018net assets
775.9k
+0.67%
total assets
1m
+0.8%
cash
96.4k
-0.23%
net assets
Total assets minus all liabilities
solent plastering ltd company details
company number
07588367
Type
Private limited with Share Capital
industry
43310 - Plastering
incorporation date
April 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2018
previous names
N/A
accountant
-
auditor
-
address
51 upmill close west end, southampton, hampshire, SO30 3HT
Bank
-
Legal Advisor
-
solent plastering 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 solent plastering ltd.
solent plastering 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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solent plastering ltd Companies House Filings - See Documents
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