steer commercials limited
steer commercials limited Company Information
Company Number
08959786
Website
www.steercommercials.co.ukRegistered Address
c/o a.m.insolvency limited, mill 2 st. pegs mill, brighouse, west yorkshire, HD6 4AH
Industry
Freight transport by road
Telephone
01142217146
Next Accounts Due
1140 days late
Group Structure
View All
Directors
Luke Denton3 Years
Shareholders
suzanne reynolds 100%
steer commercials limited Estimated Valuation
Pomanda estimates the enterprise value of STEER COMMERCIALS LIMITED at £608.9k based on a Turnover of £2.1m and 0.29x industry multiple (adjusted for size and gross margin).
steer commercials limited Estimated Valuation
Pomanda estimates the enterprise value of STEER COMMERCIALS LIMITED at £213.8k based on an EBITDA of £79.7k and a 2.68x industry multiple (adjusted for size and gross margin).
steer commercials limited Estimated Valuation
Pomanda estimates the enterprise value of STEER COMMERCIALS LIMITED at £103k based on Net Assets of £40.5k and 2.55x industry multiple (adjusted for liquidity).
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Steer Commercials Limited Overview
Steer Commercials Limited is a live company located in brighouse, HD6 4AH with a Companies House number of 08959786. It operates in the freight transport by road sector, SIC Code 49410. Founded in March 2014, it's largest shareholder is suzanne reynolds with a 100% stake. Steer Commercials Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Steer Commercials Limited Health Check
Pomanda's financial health check has awarded Steer Commercials Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£9.3m)
- Steer Commercials Limited
£9.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 100%, show it is growing at a faster rate (5%)
- Steer Commercials Limited
5% - Industry AVG
Production
with a gross margin of 12.7%, this company has a higher cost of product (19.3%)
- Steer Commercials Limited
19.3% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (3.9%)
- Steer Commercials Limited
3.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (80)
- Steer Commercials Limited
80 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
- Steer Commercials Limited
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £191.3k, this is more efficient (£122.4k)
- Steer Commercials Limited
£122.4k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (60 days)
- Steer Commercials Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (34 days)
- Steer Commercials Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is more than average (1 days)
- Steer Commercials Limited
1 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (7 weeks)
2 weeks - Steer Commercials Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.4%, this is a higher level of debt than the average (64.4%)
92.4% - Steer Commercials Limited
64.4% - Industry AVG
steer commercials limited Credit Report and Business Information
Steer Commercials Limited Competitor Analysis
Perform a competitor analysis for steer commercials limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
steer commercials limited Ownership
STEER COMMERCIALS LIMITED group structure
Steer Commercials Limited has no subsidiary companies.
Ultimate parent company
STEER COMMERCIALS LIMITED
08959786
steer commercials limited directors
Steer Commercials Limited currently has 1 director, Mr Luke Denton serving since Dec 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luke Denton | 26 years | Dec 2020 | - | Director |
STEER COMMERCIALS LIMITED financials
Steer Commercials Limited's latest turnover from March 2019 is estimated at £2.1 million and the company has net assets of £40.5 thousand. According to their latest financial statements, we estimate that Steer Commercials Limited has 11 employees and maintains cash reserves of £22 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | 143,080 | 50,534 | 2,016 | 11,116 | 973 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 143,080 | 50,534 | 2,016 | 11,116 | 973 |
| Stock & work in progress | 16,950 | 85,711 | 29,350 | 26,100 | 19,950 |
| Trade Debtors | 347,263 | 111,781 | 60,228 | 6,950 | 37,544 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 124,628 | 68,674 | 0 |
| Cash | 22,000 | 9,909 | 3,021 | 20,791 | 50,512 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 386,213 | 207,401 | 217,227 | 122,515 | 108,006 |
| total assets | 529,293 | 257,935 | 219,243 | 133,631 | 108,979 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 488,839 | 213,970 | 40,384 | 18,748 | 108,915 |
| Group/Directors Accounts | 0 | 0 | 0 | 5,524 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 122,309 | 109,106 | 0 |
| total current liabilities | 488,839 | 213,970 | 162,693 | 133,378 | 108,915 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 32,975 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 32,975 | 0 | 0 | 0 |
| total liabilities | 488,839 | 246,945 | 162,693 | 133,378 | 108,915 |
| net assets | 40,454 | 10,990 | 56,550 | 253 | 64 |
| total shareholders funds | 40,454 | 10,990 | 56,550 | 253 | 64 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 43,484 | 14,066 | 4,128 | 3,202 | 14 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -68,761 | 56,361 | 3,250 | 6,150 | 19,950 |
| Debtors | 235,482 | -73,075 | 109,232 | 38,080 | 37,544 |
| Creditors | 274,869 | 173,586 | 21,636 | -90,167 | 108,915 |
| Accruals and Deferred Income | 0 | -122,309 | 13,203 | 109,106 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -5,524 | 5,524 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -32,975 | 32,975 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 12,091 | 6,888 | -17,770 | -29,721 | 50,512 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 12,091 | 6,888 | -17,770 | -29,721 | 50,512 |
P&L
March 2019turnover
2.1m
+40%
operating profit
36.3k
0%
gross margin
12.8%
-2.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
40.5k
+2.68%
total assets
529.3k
+1.05%
cash
22k
+1.22%
net assets
Total assets minus all liabilities
Similar Companies
steer commercials limited company details
company number
08959786
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
March 2014
age
10
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o a.m.insolvency limited, mill 2 st. pegs mill, brighouse, west yorkshire, HD6 4AH
last accounts submitted
March 2019
steer commercials 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 steer commercials limited.
steer commercials limited Companies House Filings - See Documents
| date | description | view/download |
|---|
