smi int group limited

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smi int group limited Company Information

Share SMI INT GROUP LIMITED

Company Number

07644080

Shareholders

grove global holdings limited

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

vision house bedford road, petersfield, GU32 3QB

smi int group limited Estimated Valuation

£30.1m

Pomanda estimates the enterprise value of SMI INT GROUP LIMITED at £30.1m based on a Turnover of £34m and 0.88x industry multiple (adjusted for size and gross margin).

smi int group limited Estimated Valuation

£22.4m

Pomanda estimates the enterprise value of SMI INT GROUP LIMITED at £22.4m based on an EBITDA of £3.5m and a 6.47x industry multiple (adjusted for size and gross margin).

smi int group limited Estimated Valuation

£21.3m

Pomanda estimates the enterprise value of SMI INT GROUP LIMITED at £21.3m based on Net Assets of £10m and 2.13x industry multiple (adjusted for liquidity).

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Smi Int Group Limited Overview

Smi Int Group Limited is a live company located in petersfield, GU32 3QB with a Companies House number of 07644080. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2011, it's largest shareholder is grove global holdings limited with a 100% stake. Smi Int Group Limited is a established, large sized company, Pomanda has estimated its turnover at £34m with declining growth in recent years.

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Smi Int Group Limited Health Check

Pomanda's financial health check has awarded Smi Int Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £34m, make it larger than the average company (£4.8m)

£34m - Smi Int Group Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.6%)

-8% - Smi Int Group Limited

6.6% - Industry AVG

production

Production

with a gross margin of 28.6%, this company has a higher cost of product (38.3%)

28.6% - Smi Int Group Limited

38.3% - Industry AVG

profitability

Profitability

an operating margin of 7.5% make it more profitable than the average company (5.7%)

7.5% - Smi Int Group Limited

5.7% - Industry AVG

employees

Employees

with 185 employees, this is above the industry average (27)

185 - Smi Int Group Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.7k, the company has a lower pay structure (£54k)

£33.7k - Smi Int Group Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £183.9k, this is equally as efficient (£171.4k)

£183.9k - Smi Int Group Limited

£171.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is later than average (42 days)

58 days - Smi Int Group Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (32 days)

51 days - Smi Int Group Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 61 days, this is more than average (33 days)

61 days - Smi Int Group Limited

33 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (22 weeks)

27 weeks - Smi Int Group Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.9%, this is a lower level of debt than the average (62.5%)

53.9% - Smi Int Group Limited

62.5% - Industry AVG

SMI INT GROUP LIMITED financials

EXPORTms excel logo

Smi Int Group Limited's latest turnover from December 2023 is £34 million and the company has net assets of £10 million. According to their latest financial statements, Smi Int Group Limited has 185 employees and maintains cash reserves of £5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015May 2015May 2014May 2013
Turnover34,018,50028,193,88521,573,42843,846,97217,181,86913,692,15811,976,31210,550,05910,597,14310,279,77910,527,8507,874,343
Other Income Or Grants
Cost Of Sales24,293,88720,978,56316,081,08327,552,51412,924,8059,923,2378,483,2246,784,5076,739,7456,501,6656,749,9745,044,891
Gross Profit9,724,6137,215,3225,492,34516,294,4584,257,0643,768,9213,493,0883,765,5523,857,3983,778,1143,777,8762,829,452
Admin Expenses7,161,2485,199,0133,758,6104,523,6073,745,5323,593,2452,683,7502,601,1142,864,5863,072,4413,501,5042,210,597
Operating Profit2,563,3652,016,3091,733,73511,770,851511,532175,676809,3381,164,438992,812705,673276,372618,855
Interest Payable238,402231,28486,687127,185165,70576,11366,41439,98118,75121,550
Interest Receivable502,1736,8261,1373601914913002,1831,168534462
Pre-Tax Profit2,827,1361,791,8511,648,18511,644,026346,018100,054742,9241,124,757976,244685,291276,906619,317
Tax-788,513-282,136-375,764-2,258,204-112,765-65,662-204,600-244,983-195,249-137,058-58,150-142,443
Profit After Tax2,038,6231,509,7151,272,4219,385,822233,25334,392538,324879,774780,995548,233218,756476,874
Dividends Paid2,081,6031,170,0001,000,0001,325,000330,000280,000558,000280,000
Retained Profit-42,980339,715272,4218,060,822-96,747-245,608-19,676599,774780,995548,233218,756476,874
Employee Costs6,229,9335,198,4413,896,2093,266,5693,317,3242,898,2032,296,9861,860,4572,120,9042,822,1052,977,8542,166,655
Number Of Employees1851521121079786746251757959
EBITDA*3,458,1482,977,2812,036,59312,174,419815,736391,3771,083,7201,338,8201,096,575883,309444,515759,763

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015May 2015May 2014May 2013
Tangible Assets706,282789,645614,757684,460528,727471,329499,628437,661410,897398,166349,807187,005
Intangible Assets4,438,2355,032,160764,920749,841938,554444,802422,717441,667541,667600,000700,000800,000
Investments & Other5015,212,12710,180,388101111
Debtors (Due After 1 year)
Total Fixed Assets5,145,01811,033,93211,560,0651,434,4021,467,281916,131922,345879,328952,565998,1671,049,808987,005
Stock & work in progress4,108,0055,296,1433,441,8352,625,9502,822,6452,047,6282,181,5021,336,8531,137,851895,377510,720402,727
Trade Debtors5,473,0375,840,4574,120,3703,637,6853,321,9002,783,7291,805,1041,833,7121,606,2111,469,3071,341,2461,031,856
Group Debtors1,167,6441,121,0421,105,0905,404
Misc Debtors755,0931,481,5241,865,346691,312791,669298,075231,381158,19473,597135,899
Cash4,958,6332,137,3273,642,8597,594,426175,435376,9971,313,6871,408,308844,408438,27728,962184,792
misc current assets
total current assets16,462,41215,876,49314,175,50014,554,7777,111,6495,506,4295,531,6744,737,0673,662,0672,938,8601,880,9281,619,375
total assets21,607,43026,910,42525,735,56515,989,1798,578,9306,422,5606,454,0195,616,3954,614,6323,937,0272,930,7362,606,380
Bank overdraft321116,7573,11886,771188,837
Bank loan2,981,577953,438834,2002,600,9631,267,7111,061,566540,42090,777
Trade Creditors 3,421,1073,603,5503,169,8692,256,0312,193,4161,671,3961,549,2301,374,1691,475,5541,073,3951,581,8151,079,941
Group/Directors Accounts5015,690,5072,895,08110019,959203,521147,415202,429261,568
other short term finances75,75868,98662,821158,449106,260101,27474,08250,40649,207
hp & lease commitments183,437119,74322,19832,4986634012,1284,2823,5062,221
other current liabilities2,883,0193,316,5233,850,5163,448,0901,127,359864,789923,611837,190726,064539,853
total current liabilities9,545,39913,752,74710,834,6855,736,7196,081,1714,047,2733,841,3302,980,6762,635,5072,115,0811,581,8151,079,941
loans1,838,5262,808,4733,807,028642,459383,309367,655414,080349,012425,043
hp & lease commitments49,607241,34994,061186,4341,5053,6537,88210,8307,218
Accruals and Deferred Income81,636111,300
other liabilities726,87448,55692,23697,536102,836108,136618,7691,035,424
provisions207,85598,833215,676151,014140,81087,00087,00034,40034,40034,40034,40014,019
total long term liabilities2,095,9883,148,6554,843,639467,640783,269564,050555,844559,198502,378577,961653,1691,049,443
total liabilities11,641,38716,901,40215,678,3246,204,3596,864,4404,611,3234,397,1743,539,8743,137,8852,693,0422,234,9842,129,384
net assets9,966,04310,009,02310,057,2419,784,8201,714,4901,811,2372,056,8452,076,5211,476,7471,243,985695,752476,996
total shareholders funds9,966,04310,009,02310,057,2419,784,8201,714,4901,811,2372,056,8452,076,5211,476,7471,243,985695,752476,996
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015May 2015May 2014May 2013
Operating Activities
Operating Profit2,563,3652,016,3091,733,73511,770,851511,532175,676809,3381,164,438992,812705,673276,372618,855
Depreciation189,862154,708137,080119,855109,050105,010174,38274,38245,43077,63668,14340,908
Amortisation704,921806,264165,778283,713195,154110,691100,000100,00058,333100,000100,000100,000
Tax-788,513-282,136-375,764-2,258,204-112,765-65,662-204,600-244,983-195,249-137,058-58,150-142,443
Stock-1,188,1381,854,308815,885-196,695775,017-133,874844,649199,002627,131384,657107,993402,727
Debtors-1,047,2491,352,2172,756,405220,8321,031,7651,045,31944,579312,098338,562263,960309,3901,031,856
Creditors-182,443433,681913,83862,615522,020122,166175,061-101,385-106,261-508,420501,8741,079,941
Accruals and Deferred Income-433,504-533,993320,7902,402,367262,570-58,82286,421111,126726,064651,153
Deferred Taxes & Provisions109,022-116,84364,66210,20453,81052,60020,38114,019
Cash flow from operations4,398,097-728,535-612,17112,367,264-265,411-522,386303,974592,478555,436240,367491,237276,697
Investing Activities
capital expenditure-217,495-5,403,100-248,234-370,5883,000-216,997-118,227-6,520-125,995-230,945-1,127,913
Change in Investments-5,211,626-4,968,26110,180,287101-11
cash flow from investments4,994,131-434,839-10,428,521-370,6893,000-216,997-118,226-6,520-125,995-230,946-1,127,913
Financing Activities
Bank loans2,028,139119,238834,200-2,600,9631,333,252206,145521,146449,64390,777
Group/Directors Accounts-5,690,0062,795,4262,894,981100-19,959-183,56256,106-55,014202,429261,568
Other Short Term Loans 6,7726,16562,821-158,44952,1894,98627,19223,67650,40649,207
Long term loans-969,947-998,5553,807,028-642,459259,15015,654-46,42565,068349,012425,043
Hire Purchase and Lease Commitments-128,048244,833-102,673218,269-1,243-3,875-6,383-2,17214,3369,439
other long term liabilities-726,874678,31848,556-92,236-5,300-5,300-5,300-510,633-618,769-416,6551,035,424
share issue-387,9339,508122
interest263,771-224,458-85,550-126,825-165,514-75,622-66,414-39,681-16,568-20,382534462
cash flow from financing-4,489,319827,8428,089,125-3,252,2631,365,639-41,574479,922436,220179,759106,106-416,1211,036,008
cash and cash equivalents
cash2,821,306-1,505,532-3,951,5677,418,991-201,562-936,690-94,621563,900815,446409,315-155,830184,792
overdraft-321-116,436116,757-3,118-83,65386,771188,837
change in cash2,821,306-1,505,532-3,951,5677,419,312-85,126-1,053,447-91,503647,553728,675220,478-155,830184,792

smi int group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Smi Int Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for smi int group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in GU32 area or any other competitors across 12 key performance metrics.

smi int group limited Ownership

SMI INT GROUP LIMITED group structure

Smi Int Group Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

SMI INT GROUP LIMITED

07644080

2 subsidiaries

SMI INT GROUP LIMITED Shareholders

grove global holdings limited 100%

smi int group limited directors

Smi Int Group Limited currently has 6 directors. The longest serving directors include Mrs Elaine Prisgrove (May 2011) and Mr Donovan Prisgrove (May 2011).

officercountryagestartendrole
Mrs Elaine PrisgroveEngland61 years May 2011- Director
Mr Donovan PrisgroveEngland36 years May 2011- Director
Mr Giles PrisgroveEngland44 years May 2011- Director
Mr Paul PrisgroveEngland61 years May 2011- Director
Blake PrisgroveUnited Kingdom37 years May 2011- Director
Mr Carlos PrisgroveEngland39 years May 2011- Director

P&L

December 2023

turnover

34m

+21%

operating profit

2.6m

+27%

gross margin

28.6%

+11.7%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

10m

0%

total assets

21.6m

-0.2%

cash

5m

+1.32%

net assets

Total assets minus all liabilities

smi int group limited company details

company number

07644080

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

May 2011

age

14

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

smi int group unlimited (October 2014)

safety management int group unlimited (January 2013)

accountant

-

auditor

AZETS AUDIT SERVICES

address

vision house bedford road, petersfield, GU32 3QB

Bank

-

Legal Advisor

-

smi int group 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 smi int group limited. Currently there are 1 open charges and 3 have been satisfied in the past.

smi int group 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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smi int group limited Companies House Filings - See Documents

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