clad-it limited Company Information
Company Number
07641019
Next Accounts
Feb 2026
Shareholders
fletcher morrison holdings limited
Group Structure
View All
Industry
Manufacture of metal structures and parts of structures
Registered Address
4, salmon fields business village, oldham, OL2 6HT
Website
clad-it.co.ukclad-it limited Estimated Valuation
Pomanda estimates the enterprise value of CLAD-IT LIMITED at £8.3m based on a Turnover of £14.6m and 0.57x industry multiple (adjusted for size and gross margin).
clad-it limited Estimated Valuation
Pomanda estimates the enterprise value of CLAD-IT LIMITED at £11.2m based on an EBITDA of £2.6m and a 4.26x industry multiple (adjusted for size and gross margin).
clad-it limited Estimated Valuation
Pomanda estimates the enterprise value of CLAD-IT LIMITED at £6.6m based on Net Assets of £3.3m and 2x industry multiple (adjusted for liquidity).
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Clad-it Limited Overview
Clad-it Limited is a live company located in oldham, OL2 6HT with a Companies House number of 07641019. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in May 2011, it's largest shareholder is fletcher morrison holdings limited with a 100% stake. Clad-it Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.6m with rapid growth in recent years.
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Clad-it Limited Health Check
Pomanda's financial health check has awarded Clad-It Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £14.6m, make it in line with the average company (£13.6m)
- Clad-it Limited
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (12.9%)
- Clad-it Limited
12.9% - Industry AVG
Production
with a gross margin of 18.6%, this company has a higher cost of product (26.7%)
- Clad-it Limited
26.7% - Industry AVG
Profitability
an operating margin of 18% make it more profitable than the average company (5.5%)
- Clad-it Limited
5.5% - Industry AVG
Employees
with 14 employees, this is below the industry average (79)
14 - Clad-it Limited
79 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Clad-it Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£171.8k)
- Clad-it Limited
£171.8k - Industry AVG
Debtor Days
it gets paid by customers after 136 days, this is later than average (59 days)
- Clad-it Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (49 days)
- Clad-it Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Clad-it Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Clad-it Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.1%, this is a similar level of debt than the average (50.9%)
49.1% - Clad-it Limited
50.9% - Industry AVG
CLAD-IT LIMITED financials
Clad-It Limited's latest turnover from May 2024 is estimated at £14.6 million and the company has net assets of £3.3 million. According to their latest financial statements, Clad-It Limited has 14 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 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 | 14 | 13 | 10 | 8 | 8 | 10 | 9 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 931,571 | 1,007,480 | 97,461 | 77,600 | 84,512 | 98,579 | 264,588 | 231,831 | 238,373 | 128,199 | 22,282 | 27,721 | 1,875 |
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 | 931,571 | 1,007,480 | 97,461 | 77,600 | 84,512 | 98,579 | 264,588 | 231,831 | 238,373 | 128,199 | 22,282 | 27,721 | 1,875 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84,267 | 130,918 | 101,694 | 71,202 | 0 |
Trade Debtors | 5,433,668 | 2,345,744 | 2,274,541 | 1,314,807 | 1,117,032 | 1,289,204 | 1,078,198 | 762,591 | 281,450 | 403,770 | 39,440 | 24,907 | 50,430 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 107,413 | 82,511 | 33,292 | 35,147 | 2,506 | 0 | 0 | 0 | 0 | 0 | 28,758 | 38,284 | 54,232 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,062 | 0 | 9,551 | 59,094 | 19,256 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 2,364 | 2,302 | 525 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,541,081 | 2,428,255 | 2,307,833 | 1,349,954 | 1,119,538 | 1,291,568 | 1,080,500 | 763,116 | 368,779 | 534,688 | 179,443 | 193,487 | 123,918 |
total assets | 6,472,652 | 3,435,735 | 2,405,294 | 1,427,554 | 1,204,050 | 1,390,147 | 1,345,088 | 994,947 | 607,152 | 662,887 | 201,725 | 221,208 | 125,793 |
Bank overdraft | 0 | 0 | 0 | 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 | 3,047,747 | 1,760,901 | 1,636,159 | 847,798 | 570,128 | 520,970 | 852,820 | 682,787 | 266,731 | 419,028 | 72,720 | 136,954 | 56,631 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 3,047,747 | 1,760,901 | 1,636,159 | 847,798 | 570,128 | 520,970 | 852,820 | 682,787 | 266,731 | 419,028 | 72,720 | 136,954 | 56,631 |
loans | 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 |
Accruals and Deferred Income | 7,500 | 4,500 | 12,000 | 33,532 | 2,850 | 2,725 | 2,650 | 2,200 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 109,136 | 329,832 | 197,127 | 237,290 | 266,382 | 75,001 | 112,685 | 93,455 | 103,876 | 18,256 | 12,994 | 0 | 0 |
provisions | 14,046 | 14,046 | 14,046 | 14,046 | 14,046 | 14,046 | 12,214 | 5,663 | 6,971 | 7,889 | 4,456 | 6,123 | 375 |
total long term liabilities | 130,682 | 348,378 | 223,173 | 284,868 | 283,278 | 91,772 | 127,549 | 101,318 | 110,847 | 26,145 | 17,450 | 6,123 | 375 |
total liabilities | 3,178,429 | 2,109,279 | 1,859,332 | 1,132,666 | 853,406 | 612,742 | 980,369 | 784,105 | 377,578 | 445,173 | 90,170 | 143,077 | 57,006 |
net assets | 3,294,223 | 1,326,456 | 545,962 | 294,888 | 350,644 | 777,405 | 364,719 | 210,842 | 229,574 | 217,714 | 111,555 | 78,131 | 68,787 |
total shareholders funds | 3,294,223 | 1,326,456 | 545,962 | 294,888 | 350,644 | 777,405 | 364,719 | 210,842 | 229,574 | 217,714 | 111,555 | 78,131 | 68,787 |
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 9,252 | 9,043 | 6,836 | 8,763 | 625 | ||||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | ||||||||
Tax | |||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -84,267 | -46,651 | 29,224 | 30,492 | 71,202 | 0 |
Debtors | 3,112,826 | 120,422 | 957,879 | 230,416 | -169,666 | 211,006 | 315,607 | 481,141 | -122,320 | 335,572 | 5,007 | -41,471 | 104,662 |
Creditors | 1,286,846 | 124,742 | 788,361 | 277,670 | 49,158 | -331,850 | 170,033 | 416,056 | -152,297 | 346,308 | -64,234 | 80,323 | 56,631 |
Accruals and Deferred Income | 3,000 | -7,500 | -21,532 | 30,682 | 125 | 75 | 450 | 2,200 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 1,832 | 6,551 | -1,308 | -918 | 3,433 | -1,667 | 5,748 | 375 |
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 | 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 | 0 | 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 | -220,696 | 132,705 | -40,163 | -29,092 | 191,381 | -37,684 | 19,230 | -10,421 | 85,620 | 5,262 | 12,994 | 0 | 0 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,062 | 3,062 | -9,551 | -49,543 | 39,838 | 19,256 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,062 | 3,062 | -9,551 | -49,543 | 39,838 | 19,256 |
clad-it limited Credit Report and Business Information
Clad-it Limited Competitor Analysis
Perform a competitor analysis for clad-it limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in OL2 area or any other competitors across 12 key performance metrics.
clad-it limited Ownership
CLAD-IT LIMITED group structure
Clad-It Limited has no subsidiary companies.
clad-it limited directors
Clad-It Limited currently has 2 directors. The longest serving directors include Mr Dean Fletcher (May 2011) and Mr Ian Morrison (May 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Dean Fletcher | England | 41 years | May 2011 | - | Director |
Mr Ian Morrison | United Kingdom | 46 years | May 2011 | - | Director |
P&L
May 2024turnover
14.6m
+129%
operating profit
2.6m
0%
gross margin
18.6%
+14.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
3.3m
+1.48%
total assets
6.5m
+0.88%
cash
0
0%
net assets
Total assets minus all liabilities
clad-it limited company details
company number
07641019
Type
Private limited with Share Capital
industry
25110 - Manufacture of metal structures and parts of structures
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
clad-it eco roofing solutions limited (December 2015)
accountant
-
auditor
-
address
4, salmon fields business village, oldham, OL2 6HT
Bank
-
Legal Advisor
-
clad-it 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 found 4 charges/mortgages relating to clad-it limited. Currently there are 0 open charges and 4 have been satisfied in the past.
clad-it limited 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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clad-it limited Companies House Filings - See Documents
date | description | view/download |
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