barzel steel ltd
barzel steel ltd Company Information
Company Number
07959958
Next Accounts
1505 days late
Directors
Shareholders
paltiel klein
yocheved gitel klein
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
1st floor 21 station road, watford, herts, WD17 1AP
barzel steel ltd Estimated Valuation
Pomanda estimates the enterprise value of BARZEL STEEL LTD at £794.6k based on a Turnover of £2.5m and 0.31x industry multiple (adjusted for size and gross margin).
barzel steel ltd Estimated Valuation
Pomanda estimates the enterprise value of BARZEL STEEL LTD at £95.5k based on an EBITDA of £30.5k and a 3.14x industry multiple (adjusted for size and gross margin).
barzel steel ltd Estimated Valuation
Pomanda estimates the enterprise value of BARZEL STEEL LTD at £591.4k based on Net Assets of £277.2k and 2.13x industry multiple (adjusted for liquidity).
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Barzel Steel Ltd Overview
Barzel Steel Ltd is a live company located in herts, WD17 1AP with a Companies House number of 07959958. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 2012, it's largest shareholder is paltiel klein with a 56% stake. Barzel Steel Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.
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Barzel Steel Ltd Health Check
Pomanda's financial health check has awarded Barzel Steel Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £2.5m, make it in line with the average company (£3.1m)
- Barzel Steel Ltd
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 106%, show it is growing at a faster rate (6.6%)
- Barzel Steel Ltd
6.6% - Industry AVG
Production
with a gross margin of 14.7%, this company has a higher cost of product (25.5%)
- Barzel Steel Ltd
25.5% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (6.1%)
- Barzel Steel Ltd
6.1% - Industry AVG
Employees
with 16 employees, this is below the industry average (39)
16 - Barzel Steel Ltd
39 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
- Barzel Steel Ltd
£42k - Industry AVG
Efficiency
resulting in sales per employee of £158.4k, this is equally as efficient (£161.3k)
- Barzel Steel Ltd
£161.3k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (56 days)
- Barzel Steel Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (41 days)
- Barzel Steel Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Barzel Steel Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (18 weeks)
3 weeks - Barzel Steel Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a higher level of debt than the average (61.7%)
71.4% - Barzel Steel Ltd
61.7% - Industry AVG
BARZEL STEEL LTD financials
Barzel Steel Ltd's latest turnover from February 2019 is estimated at £2.5 million and the company has net assets of £277.2 thousand. According to their latest financial statements, Barzel Steel Ltd has 16 employees and maintains cash reserves of £40.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|
| 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 | 16 | 18 | 16 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 131,883 | 118,047 | 41,306 | 30,039 | 15,781 | 7,565 | 8,074 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 131,883 | 118,047 | 41,306 | 30,039 | 15,781 | 7,565 | 8,074 |
| Stock & work in progress | 40,000 | ||||||
| Trade Debtors | 797,256 | 210,398 | 184,578 | 66,540 | 11,486 | 254 | |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | 40,763 | 276,462 | 141,446 | 32,458 | 8,932 | 1,149 | 967 |
| misc current assets | |||||||
| total current assets | 838,019 | 486,860 | 366,024 | 98,998 | 20,418 | 1,403 | 967 |
| total assets | 969,902 | 604,907 | 407,330 | 129,037 | 36,199 | 8,968 | 9,041 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 531,784 | 278,440 | 274,514 | 67,981 | 38,002 | 26,319 | 21,114 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 531,784 | 278,440 | 274,514 | 67,981 | 38,002 | 26,319 | 21,114 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 160,877 | 48,811 | |||||
| provisions | |||||||
| total long term liabilities | 160,877 | 48,811 | |||||
| total liabilities | 692,661 | 327,251 | 274,514 | 67,981 | 38,002 | 26,319 | 21,114 |
| net assets | 277,241 | 277,656 | 132,816 | 61,056 | -1,803 | -17,351 | -12,073 |
| total shareholders funds | 277,241 | 277,656 | 132,816 | 61,056 | -1,803 | -17,351 | -12,073 |
| Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 32,069 | 32,028 | 12,198 | 8,940 | 4,345 | 2,233 | 2,332 |
| Amortisation | |||||||
| Tax | |||||||
| Stock | -40,000 | 40,000 | |||||
| Debtors | 586,858 | 25,820 | 118,038 | 55,054 | 11,232 | 254 | |
| Creditors | 253,344 | 3,926 | 206,533 | 29,979 | 11,683 | 5,205 | 21,114 |
| Accruals and Deferred Income | |||||||
| 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 | |||||||
| other long term liabilities | 112,066 | 48,811 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -235,699 | 135,016 | 108,988 | 23,526 | 7,783 | 182 | 967 |
| overdraft | |||||||
| change in cash | -235,699 | 135,016 | 108,988 | 23,526 | 7,783 | 182 | 967 |
barzel steel ltd Credit Report and Business Information
Barzel Steel Ltd Competitor Analysis
Perform a competitor analysis for barzel steel ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WD17 area or any other competitors across 12 key performance metrics.
barzel steel ltd Ownership
BARZEL STEEL LTD group structure
Barzel Steel Ltd has no subsidiary companies.
Ultimate parent company
BARZEL STEEL LTD
07959958
barzel steel ltd directors
Barzel Steel Ltd currently has 1 director, Mr Paltiel Klein serving since Feb 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paltiel Klein | 34 years | Feb 2012 | - | Director |
P&L
February 2019turnover
2.5m
+118%
operating profit
-1.6k
0%
gross margin
14.8%
-4.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2019net assets
277.2k
0%
total assets
969.9k
+0.6%
cash
40.8k
-0.85%
net assets
Total assets minus all liabilities
Similar Companies
barzel steel ltd company details
company number
07959958
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
February 2019
previous names
gates & grills ltd (December 2015)
accountant
JOSHUA LEIGH & CO LIMITED
auditor
-
address
1st floor 21 station road, watford, herts, WD17 1AP
Bank
-
Legal Advisor
-
barzel steel 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 found 2 charges/mortgages relating to barzel steel ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
barzel steel 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.
Click to start generating capital raising & share issue transactions for BARZEL STEEL LTD. This can take several minutes, an email will notify you when this has completed.
barzel steel ltd Companies House Filings - See Documents
| date | description | view/download |
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