scaffold connect limited

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scaffold connect limited Company Information

Share SCAFFOLD CONNECT LIMITED

Company Number

09012679

Directors

David King

Shareholders

olena stetsenko

Group Structure

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Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Registered Address

28&29a station street, walsall, WS2 9JZ

scaffold connect limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of SCAFFOLD CONNECT LIMITED at £2.8m based on a Turnover of £6.7m and 0.42x industry multiple (adjusted for size and gross margin).

scaffold connect limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of SCAFFOLD CONNECT LIMITED at £1.3m based on an EBITDA of £310.5k and a 4.08x industry multiple (adjusted for size and gross margin).

scaffold connect limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of SCAFFOLD CONNECT LIMITED at £1.3m based on Net Assets of £657.4k and 1.94x industry multiple (adjusted for liquidity).

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Scaffold Connect Limited Overview

Scaffold Connect Limited is a live company located in walsall, WS2 9JZ with a Companies House number of 09012679. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in April 2014, it's largest shareholder is olena stetsenko with a 100% stake. Scaffold Connect Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.7m with declining growth in recent years.

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Scaffold Connect Limited Health Check

Pomanda's financial health check has awarded Scaffold Connect Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £6.7m, make it in line with the average company (£6.9m)

£6.7m - Scaffold Connect Limited

£6.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.9%)

0% - Scaffold Connect Limited

8.9% - Industry AVG

production

Production

with a gross margin of 25%, this company has a comparable cost of product (25%)

25% - Scaffold Connect Limited

25% - Industry AVG

profitability

Profitability

an operating margin of 4.6% make it less profitable than the average company (6.2%)

4.6% - Scaffold Connect Limited

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (31)

2 - Scaffold Connect Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)

£47.8k - Scaffold Connect Limited

£47.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £3.3m, this is more efficient (£190.1k)

£3.3m - Scaffold Connect Limited

£190.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (57 days)

7 days - Scaffold Connect Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 114 days, this is slower than average (39 days)

114 days - Scaffold Connect Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 130 days, this is more than average (15 days)

130 days - Scaffold Connect Limited

15 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (20 weeks)

11 weeks - Scaffold Connect Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.1%, this is a higher level of debt than the average (61.1%)

73.1% - Scaffold Connect Limited

61.1% - Industry AVG

SCAFFOLD CONNECT LIMITED financials

EXPORTms excel logo

Scaffold Connect Limited's latest turnover from October 2023 is estimated at £6.7 million and the company has net assets of £657.4 thousand. According to their latest financial statements, Scaffold Connect Limited has 2 employees and maintains cash reserves of £408.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015
Turnover6,658,7224,276,0353,160,8376,724,3818,021,0177,378,8385,457,0385,316,3402,473,170
Other Income Or Grants
Cost Of Sales4,994,7723,216,1562,421,1195,055,6655,992,0475,500,8724,028,8113,942,0581,864,870
Gross Profit1,663,9501,059,879739,7181,668,7162,028,9711,877,9661,428,2271,374,281608,301
Admin Expenses1,354,9991,192,822710,8551,377,8631,966,9871,816,8931,363,0941,326,875546,030
Operating Profit308,951-132,94328,863290,85361,98461,07365,13347,40662,271
Interest Payable
Interest Receivable31,54624,6091,9292,0346,4831,0145071,072762
Pre-Tax Profit340,497-108,33430,793292,88868,46762,08865,64048,47863,033
Tax-85,124-5,851-55,649-13,009-11,797-12,472-9,695-12,606
Profit After Tax255,373-108,33424,942237,23955,45850,29153,16838,78250,426
Dividends Paid
Retained Profit255,373-108,33424,942237,23955,45850,29153,16838,78250,426
Employee Costs95,68188,22785,7441,831,5962,075,1581,915,3631,372,5361,263,844578,267
Number Of Employees222434946343215
EBITDA*310,526-132,84128,863293,43161,98461,74965,13347,74462,609

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015
Tangible Assets72,4004082,5782,5783,254113,1951,330
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets72,4004082,5782,5783,254113,1951,330
Stock & work in progress1,782,000600,877280,877278,442796,8331,025,000500,000574,654210,683
Trade Debtors130,023302,816189,835171,782167,414490,804667,388316,015109,433
Group Debtors
Misc Debtors48,39911,06626,254
Cash408,427793,3441,394,1372,464,0751,604,274124,436281,281124,061304,641
misc current assets6,0429,8761
total current assets2,368,8491,703,0791,864,8492,925,3652,578,3971,640,2401,448,6691,040,985624,757
total assets2,441,2491,703,4871,864,8492,925,3652,580,9751,642,8181,451,9231,154,180626,087
Bank overdraft
Bank loan
Trade Creditors 1,573,2981,138,8271,070,9202,002,7812,085,6141,147,544856,257952,047575,561
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities210,506162,588283,523437,120247,136302,507453,19010,345
total current liabilities1,783,8041,301,4151,354,4432,439,9012,332,7501,450,0511,309,447962,392575,561
loans
hp & lease commitments102,480
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities102,480
total liabilities1,783,8041,301,4151,354,4432,439,9012,332,7501,450,0511,309,4471,064,872575,561
net assets657,445402,072510,406485,464248,225192,767142,47689,30850,526
total shareholders funds657,445402,072510,406485,464248,225192,767142,47689,30850,526
Oct 2023Oct 2022Oct 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015
Operating Activities
Operating Profit308,951-132,94328,863290,85361,98461,07365,13347,40662,271
Depreciation1,5751022,578676338338
Amortisation
Tax-85,124-5,851-55,649-13,009-11,797-12,472-9,695-12,606
Stock1,181,123320,0002,435-518,391-228,167525,000-74,654363,971210,683
Debtors-124,394112,9816,98715,434-323,390-176,584325,119232,836109,433
Creditors434,47167,907-931,861-82,833938,070291,287-95,790376,486575,561
Accruals and Deferred Income47,918-120,935-153,597189,984-55,371-150,683442,84510,345
Deferred Taxes & Provisions
Cash flow from operations-348,938-618,850-1,071,868847,8901,483,231-157,860149,251-171,927305,448
Investing Activities
capital expenditure-73,567-510109,941-112,203-1,668
Change in Investments
cash flow from investments-73,567-510109,941-112,203-1,668
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-102,480102,480
other long term liabilities
share issue100
interest31,54624,6091,9292,0346,4831,0145071,072762
cash flow from financing31,54624,6091,9292,0346,4831,014-101,973103,552862
cash and cash equivalents
cash-384,917-600,793-1,069,938859,8011,479,838-156,845157,220-180,580304,641
overdraft
change in cash-384,917-600,793-1,069,938859,8011,479,838-156,845157,220-180,580304,641

scaffold connect 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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Scaffold Connect Limited Competitor Analysis

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Perform a competitor analysis for scaffold connect limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in WS2 area or any other competitors across 12 key performance metrics.

scaffold connect limited Ownership

SCAFFOLD CONNECT LIMITED group structure

Scaffold Connect Limited has no subsidiary companies.

Ultimate parent company

SCAFFOLD CONNECT LIMITED

09012679

SCAFFOLD CONNECT LIMITED Shareholders

olena stetsenko 100%

scaffold connect limited directors

Scaffold Connect Limited currently has 1 director, Mr David King serving since Apr 2014.

officercountryagestartendrole
Mr David KingEngland54 years Apr 2014- Director

P&L

October 2023

turnover

6.7m

+56%

operating profit

309k

0%

gross margin

25%

+0.82%

turnover

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

Balance Sheet

October 2023

net assets

657.4k

+0.64%

total assets

2.4m

+0.43%

cash

408.4k

-0.49%

net assets

Total assets minus all liabilities

scaffold connect limited company details

company number

09012679

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

April 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

PINK ACCOUNTANTS

auditor

-

address

28&29a station street, walsall, WS2 9JZ

Bank

-

Legal Advisor

-

scaffold connect 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 scaffold connect limited.

scaffold connect 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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scaffold connect limited Companies House Filings - See Documents

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