steel wire products limited Company Information
Company Number
08120583
Registered Address
the marches old ross road, whitchurch, ross-on-wye, herefordshire, HR9 6DD
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
angela crofts 50%
neil crofts 50%
steel wire products limited Estimated Valuation
Pomanda estimates the enterprise value of STEEL WIRE PRODUCTS LIMITED at £1.2m based on a Turnover of £1.8m and 0.65x industry multiple (adjusted for size and gross margin).
steel wire products limited Estimated Valuation
Pomanda estimates the enterprise value of STEEL WIRE PRODUCTS LIMITED at £1m based on an EBITDA of £218.8k and a 4.66x industry multiple (adjusted for size and gross margin).
steel wire products limited Estimated Valuation
Pomanda estimates the enterprise value of STEEL WIRE PRODUCTS LIMITED at £2.9m based on Net Assets of £1.1m and 2.67x industry multiple (adjusted for liquidity).
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Steel Wire Products Limited Overview
Steel Wire Products Limited is a live company located in ross-on-wye, HR9 6DD with a Companies House number of 08120583. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in June 2012, it's largest shareholder is angela crofts with a 50% stake. Steel Wire Products Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.
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Steel Wire Products Limited Health Check
Pomanda's financial health check has awarded Steel Wire Products Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £1.8m, make it larger than the average company (£298.6k)
- Steel Wire Products Limited
£298.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (5.6%)
- Steel Wire Products Limited
5.6% - Industry AVG
Production
with a gross margin of 55.1%, this company has a comparable cost of product (55.1%)
- Steel Wire Products Limited
55.1% - Industry AVG
Profitability
an operating margin of 11.8% make it more profitable than the average company (9.3%)
- Steel Wire Products Limited
9.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Steel Wire Products Limited
4 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)
- Steel Wire Products Limited
£40.3k - Industry AVG
Efficiency
resulting in sales per employee of £909.2k, this is more efficient (£106.4k)
- Steel Wire Products Limited
£106.4k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (74 days)
- Steel Wire Products Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 195 days, this is slower than average (28 days)
- Steel Wire Products Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 168 days, this is more than average (19 days)
- Steel Wire Products Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (27 weeks)
52 weeks - Steel Wire Products Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.6%, this is a lower level of debt than the average (55%)
45.6% - Steel Wire Products Limited
55% - Industry AVG
STEEL WIRE PRODUCTS LIMITED financials
Steel Wire Products Limited's latest turnover from March 2023 is estimated at £1.8 million and the company has net assets of £1.1 million. According to their latest financial statements, Steel Wire Products Limited has 2 employees and maintains cash reserves of £899.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 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 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 19,646 | 8,639 | 16,035 | 13,929 | 23,604 | 109 | 278 | 496 | 316 | 602 | 488 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 19,646 | 8,639 | 16,035 | 13,929 | 23,604 | 109 | 278 | 496 | 316 | 602 | 488 |
Stock & work in progress | 377,792 | 554,711 | 239,284 | 158,036 | 164,976 | 85,885 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 477,900 | 649,297 | 455,771 | 278,948 | 287,104 | 345,629 | 149,341 | 7,379 | 4,392 | 0 | 310 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 216,630 | 184,140 | 80,233 | 81,179 | 111,853 | 4,671 | 0 | 0 | 0 | 0 | 0 |
Cash | 899,746 | 586,750 | 501,866 | 347,447 | 147,754 | 32,451 | 0 | 122,440 | 120,578 | 69,824 | 43,803 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,972,068 | 1,974,898 | 1,277,154 | 865,610 | 711,687 | 468,636 | 149,341 | 129,819 | 124,970 | 69,824 | 44,113 |
total assets | 1,991,714 | 1,983,537 | 1,293,189 | 879,539 | 735,291 | 468,745 | 149,619 | 130,315 | 125,286 | 70,426 | 44,601 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 10,228 | 10,103 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 438,002 | 500,363 | 475,048 | 128,752 | 147,593 | 46,614 | 28,779 | 30,614 | 74,535 | 70,108 | 41,767 |
Group/Directors Accounts | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 437,409 | 552,833 | 244,992 | 263,242 | 238,829 | 229,167 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 885,639 | 1,063,299 | 728,373 | 391,994 | 386,422 | 275,781 | 28,779 | 30,614 | 74,535 | 70,108 | 41,767 |
loans | 22,161 | 31,992 | 41,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 22,161 | 31,992 | 41,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 907,800 | 1,095,291 | 770,040 | 391,994 | 386,422 | 275,781 | 28,779 | 30,614 | 74,535 | 70,108 | 41,767 |
net assets | 1,083,914 | 888,246 | 523,149 | 487,545 | 348,869 | 192,964 | 120,840 | 99,701 | 50,751 | 318 | 2,834 |
total shareholders funds | 1,083,914 | 888,246 | 523,149 | 487,545 | 348,869 | 192,964 | 120,840 | 99,701 | 50,751 | 318 | 2,834 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 5,004 | 7,396 | 13,144 | 10,224 | 6,810 | 309 | 286 | 265 | 57 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Tax | |||||||||||
Stock | -176,919 | 315,427 | 81,248 | -6,940 | 79,091 | 85,885 | 0 | 0 | 0 | 0 | 0 |
Debtors | -138,907 | 297,433 | 175,877 | -38,830 | 48,657 | 200,959 | 141,962 | 2,987 | 4,392 | -310 | 310 |
Creditors | -62,361 | 25,315 | 346,296 | -18,841 | 100,979 | 17,835 | -1,835 | -43,921 | 4,427 | 28,341 | 41,767 |
Accruals and Deferred Income | -115,424 | 307,841 | -18,250 | 24,413 | 9,662 | 229,167 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||
Financing Activities | |||||||||||
Bank loans | 125 | 1,770 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 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 |
Long term loans | -9,831 | -9,675 | 41,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | 312,996 | 84,884 | 154,419 | 199,693 | 115,303 | 32,451 | -122,440 | 1,862 | 50,754 | 26,021 | 43,803 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 312,996 | 84,884 | 154,419 | 199,693 | 115,303 | 32,451 | -122,440 | 1,862 | 50,754 | 26,021 | 43,803 |
steel wire products limited Credit Report and Business Information
Steel Wire Products Limited Competitor Analysis
Perform a competitor analysis for steel wire products limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in HR9 area or any other competitors across 12 key performance metrics.
steel wire products limited Ownership
STEEL WIRE PRODUCTS LIMITED group structure
Steel Wire Products Limited has no subsidiary companies.
Ultimate parent company
STEEL WIRE PRODUCTS LIMITED
08120583
steel wire products limited directors
Steel Wire Products Limited currently has 2 directors. The longest serving directors include Mrs Angela Crofts (Jun 2012) and Mr Neil Crofts (Jun 2012).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Angela Crofts | United Kingdom | 59 years | Jun 2012 | - | Director |
Mr Neil Crofts | Great Britain | 58 years | Jun 2012 | - | Director |
P&L
March 2023turnover
1.8m
-20%
operating profit
213.8k
0%
gross margin
55.1%
-0.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
+0.22%
total assets
2m
0%
cash
899.7k
+0.53%
net assets
Total assets minus all liabilities
steel wire products limited company details
company number
08120583
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
June 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
the marches old ross road, whitchurch, ross-on-wye, herefordshire, HR9 6DD
Bank
-
Legal Advisor
-
steel wire products 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 steel wire products limited.
steel wire products limited Companies House Filings - See Documents
date | description | view/download |
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