standard motor products holdings limited
standard motor products holdings limited Company Information
Company Number
09493614
Website
www.smpe.co.ukRegistered Address
little oak drive sherwood park, annesley, nottingham, NG15 0DR
Industry
Manufacture of electric motors, generators and transformers
Telephone
01623886400
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
margaret turner 30%
ian turner 30%
View Allstandard motor products holdings limited Estimated Valuation
Pomanda estimates the enterprise value of STANDARD MOTOR PRODUCTS HOLDINGS LIMITED at £47.8m based on a Turnover of £37.8m and 1.26x industry multiple (adjusted for size and gross margin).
standard motor products holdings limited Estimated Valuation
Pomanda estimates the enterprise value of STANDARD MOTOR PRODUCTS HOLDINGS LIMITED at £11.6m based on an EBITDA of £1.3m and a 8.79x industry multiple (adjusted for size and gross margin).
standard motor products holdings limited Estimated Valuation
Pomanda estimates the enterprise value of STANDARD MOTOR PRODUCTS HOLDINGS LIMITED at £19.5m based on Net Assets of £8.1m and 2.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Standard Motor Products Holdings Limited Overview
Standard Motor Products Holdings Limited is a live company located in nottingham, NG15 0DR with a Companies House number of 09493614. It operates in the manufacture of electric motors, generators and transformers sector, SIC Code 27110. Founded in March 2015, it's largest shareholder is margaret turner with a 30% stake. Standard Motor Products Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £37.8m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Standard Motor Products Holdings Limited Health Check
Pomanda's financial health check has awarded Standard Motor Products Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £37.8m, make it larger than the average company (£18.2m)
£37.8m - Standard Motor Products Holdings Limited
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.7%)
4% - Standard Motor Products Holdings Limited
3.7% - Industry AVG
Production
with a gross margin of 23.5%, this company has a comparable cost of product (23.2%)
23.5% - Standard Motor Products Holdings Limited
23.2% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (2.6%)
1.9% - Standard Motor Products Holdings Limited
2.6% - Industry AVG
Employees
with 239 employees, this is above the industry average (113)
239 - Standard Motor Products Holdings Limited
113 - Industry AVG
Pay Structure
on an average salary of £25k, the company has a lower pay structure (£46.9k)
£25k - Standard Motor Products Holdings Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £158.1k, this is equally as efficient (£166.3k)
£158.1k - Standard Motor Products Holdings Limited
£166.3k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is near the average (59 days)
68 days - Standard Motor Products Holdings Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (44 days)
69 days - Standard Motor Products Holdings Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 158 days, this is more than average (99 days)
158 days - Standard Motor Products Holdings Limited
99 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Standard Motor Products Holdings Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.4%, this is a higher level of debt than the average (63%)
69.4% - Standard Motor Products Holdings Limited
63% - Industry AVG
STANDARD MOTOR PRODUCTS HOLDINGS LIMITED financials
Standard Motor Products Holdings Limited's latest turnover from December 2022 is £37.8 million and the company has net assets of £8.1 million. According to their latest financial statements, Standard Motor Products Holdings Limited has 239 employees and maintains cash reserves of £20.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 37,786,497 | 37,729,210 | 30,428,122 | 33,846,374 | 33,105,735 | 31,456,141 | 27,900,167 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 28,914,761 | 29,695,938 | 22,173,157 | 25,047,691 | 24,630,426 | 24,064,057 | 20,657,123 | 0 |
| Gross Profit | 8,871,736 | 8,033,272 | 8,254,965 | 8,798,683 | 8,475,309 | 7,392,084 | 7,243,044 | 0 |
| Admin Expenses | 8,157,409 | 7,757,782 | 7,296,298 | 7,513,532 | 6,911,610 | 5,981,300 | 4,773,082 | 0 |
| Operating Profit | 714,327 | 275,490 | 958,667 | 1,285,151 | 1,563,699 | 1,410,784 | 2,469,962 | 0 |
| Interest Payable | 285,463 | 206,366 | 208,973 | 176,887 | 130,726 | 86,335 | 102,773 | 0 |
| Interest Receivable | 11,824 | 2,771 | 4,448 | 4,865 | 0 | 2,714 | 0 | |
| Pre-Tax Profit | 449,688 | 60,895 | 755,142 | 1,113,129 | 1,442,544 | 1,321,449 | 2,360,903 | 0 |
| Tax | -43,013 | 65,935 | 20,697 | -81,551 | -213,005 | -270,157 | -366,515 | 0 |
| Profit After Tax | 406,675 | 126,830 | 775,839 | 1,031,578 | 1,229,539 | 1,051,292 | 1,994,388 | 0 |
| Dividends Paid | 483,000 | 351,000 | 610,000 | 150,000 | 0 | 500,000 | 199,824 | 0 |
| Retained Profit | -76,325 | -224,170 | 165,839 | 881,578 | 1,229,539 | 551,292 | 1,794,564 | 0 |
| Employee Costs | 5,985,495 | 5,214,828 | 5,165,491 | 5,880,211 | 6,124,935 | 5,565,814 | 4,647,118 | 0 |
| Number Of Employees | 239 | 206 | 205 | 234 | 204 | 175 | 151 | 3 |
| EBITDA* | 1,320,880 | 1,069,705 | 1,619,777 | 1,969,549 | 2,266,624 | 2,018,882 | 3,528,506 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,577,708 | 3,857,514 | 3,980,368 | 4,391,339 | 4,208,668 | 4,189,288 | 3,887,818 | 0 |
| Intangible Assets | 959,374 | 724,831 | 344,824 | 326,470 | 40,193 | -100,000 | -200,000 | 0 |
| Investments & Other | 452,000 | 651,000 | 213,000 | 29,000 | 0 | 144,000 | 0 | 0 |
| Debtors (Due After 1 year) | 19,602 | 18,930 | 20,440 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,008,684 | 5,252,275 | 4,558,632 | 4,746,809 | 4,248,861 | 4,233,288 | 3,687,818 | 0 |
| Stock & work in progress | 12,573,189 | 13,723,694 | 9,089,848 | 8,954,515 | 6,293,890 | 5,006,328 | 5,575,464 | 0 |
| Trade Debtors | 7,119,870 | 7,689,587 | 7,482,752 | 6,180,333 | 6,815,715 | 5,234,262 | 5,696,990 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,835,490 | 2,745,762 | 2,458,770 | 1,761,210 | 0 | 1,006,550 | 887,449 | 0 |
| Cash | 20,444 | 55,792 | 1,140,751 | 489,645 | 1,975,844 | 2,344,126 | 221,049 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,548,993 | 24,214,835 | 20,172,121 | 17,385,703 | 16,118,871 | 13,591,266 | 12,380,952 | 100 |
| total assets | 26,557,677 | 29,467,110 | 24,730,753 | 22,132,512 | 20,367,732 | 17,824,554 | 16,068,770 | 100 |
| Bank overdraft | 0 | 75 | 160 | 18,039 | 5,019,579 | 3,819,771 | 2,099,273 | 0 |
| Bank loan | 882,384 | 2,695,097 | 849,890 | 441,556 | 0 | 151,954 | 288,078 | 0 |
| Trade Creditors | 5,543,341 | 6,809,714 | 5,944,051 | 4,895,955 | 3,559,630 | 2,718,897 | 2,329,319 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 4,212,150 | 4,882,349 | 957,208 | 3,956,066 | 0 | 95,085 | 90,801 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,400,776 | 3,141,110 | 2,281,607 | 1,802,195 | 0 | 1,666,851 | 1,801,533 | 0 |
| total current liabilities | 14,038,651 | 17,528,345 | 10,032,916 | 11,113,811 | 10,200,849 | 8,452,558 | 6,609,004 | 0 |
| loans | 3,825,607 | 2,977,499 | 6,037,398 | 2,524,142 | 0 | 1,787,871 | 2,179,769 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 570,261 | 582,350 | 290,748 | 294,407 | 0 | 162,366 | 435,692 | 0 |
| total long term liabilities | 4,395,868 | 3,559,849 | 6,328,146 | 2,818,549 | 1,904,895 | 1,950,237 | 2,813,461 | 0 |
| total liabilities | 18,434,519 | 21,088,194 | 16,361,062 | 13,932,360 | 12,105,744 | 10,402,795 | 9,422,465 | 0 |
| net assets | 8,123,158 | 8,378,916 | 8,369,691 | 8,200,152 | 8,261,988 | 7,421,759 | 6,646,305 | 100 |
| total shareholders funds | 8,123,158 | 8,378,916 | 8,369,691 | 8,200,152 | 8,261,988 | 7,421,759 | 6,646,305 | 100 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 714,327 | 275,490 | 958,667 | 1,285,151 | 1,563,699 | 1,410,784 | 2,469,962 | 0 |
| Depreciation | 604,295 | 726,983 | 572,212 | 657,171 | 702,925 | 508,098 | 417,256 | 0 |
| Amortisation | 2,258 | 67,232 | 88,898 | 27,227 | 100,000 | 641,288 | 0 | |
| Tax | -43,013 | 65,935 | 20,697 | -81,551 | -213,005 | -270,157 | -366,515 | 0 |
| Stock | -1,150,505 | 4,633,846 | 135,333 | 2,660,625 | 1,287,562 | -569,136 | 5,575,464 | 0 |
| Debtors | -1,479,317 | 492,317 | 2,020,419 | 1,125,828 | 574,903 | -343,627 | 6,584,439 | 0 |
| Creditors | -1,266,373 | 865,663 | 1,048,096 | 1,336,325 | 840,733 | 389,578 | 2,329,319 | 0 |
| Accruals and Deferred Income | 259,666 | 859,503 | 479,412 | 1,802,195 | -1,666,851 | -134,682 | 1,801,533 | 0 |
| Deferred Taxes & Provisions | -12,089 | 291,602 | -3,659 | 294,407 | -162,366 | -273,326 | 435,692 | 0 |
| Cash flow from operations | 2,888,893 | -1,973,755 | 1,008,571 | 1,534,472 | 2,643,058 | -4,431,368 | 0 | |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -4,819,857 | 0 | ||
| Change in Investments | -199,000 | 438,000 | 184,000 | 29,000 | -144,000 | 144,000 | 0 | 0 |
| cash flow from investments | 199,000 | -438,000 | -184,000 | -29,000 | -4,819,857 | 0 | ||
| Financing Activities | ||||||||
| Bank loans | -1,812,713 | 1,845,207 | 408,334 | 441,556 | -151,954 | -136,124 | 288,078 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -670,199 | 3,925,141 | -2,998,858 | 3,956,066 | -95,085 | 4,284 | 90,801 | 0 |
| Long term loans | 848,108 | -3,059,899 | 3,513,256 | 2,524,142 | -1,787,871 | -391,898 | 2,179,769 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -273,639 | -203,595 | -204,525 | -172,022 | -86,335 | -100,059 | 0 | |
| cash flow from financing | -2,087,876 | 2,740,249 | 721,907 | 5,806,328 | -385,911 | 7,310,230 | 100 | |
| cash and cash equivalents | ||||||||
| cash | -35,348 | -1,084,959 | 651,106 | -1,486,199 | -368,282 | 2,123,077 | 220,949 | 100 |
| overdraft | -75 | -85 | -17,879 | -5,001,540 | 1,199,808 | 1,720,498 | 2,099,273 | 0 |
| change in cash | -35,273 | -1,084,874 | 668,985 | 3,515,341 | -1,568,090 | 402,579 | -1,878,324 | 100 |
standard motor products holdings limited Credit Report and Business Information
Standard Motor Products Holdings Limited Competitor Analysis
Perform a competitor analysis for standard motor products holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
standard motor products holdings limited Ownership
STANDARD MOTOR PRODUCTS HOLDINGS LIMITED group structure
Standard Motor Products Holdings Limited has 1 subsidiary company.
Ultimate parent company
STANDARD MOTOR PRODUCTS HOLDINGS LIMITED
09493614
1 subsidiary
standard motor products holdings limited directors
Standard Motor Products Holdings Limited currently has 8 directors. The longest serving directors include Mr Ian Turner (Mar 2015) and Mr Keith Hudson (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Turner | 68 years | Mar 2015 | - | Director | |
| Mr Keith Hudson | 41 years | Jun 2019 | - | Director | |
| Mr Martin Turner | England | 39 years | Jan 2021 | - | Director |
| Mrs Megan Armstrong | United Kingdom | 44 years | Jan 2021 | - | Director |
| Mr Ross Toomey | 41 years | Jan 2021 | - | Director | |
| Mrs Emily Toomey | United Kingdom | 42 years | Jan 2021 | - | Director |
| Mrs Margaret Turner | United Kingdom | 67 years | Jan 2021 | - | Director |
| Mr Jacob Turner | England | 29 years | Jan 2021 | - | Director |
P&L
December 2022turnover
37.8m
0%
operating profit
714.3k
+159%
gross margin
23.5%
+10.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.1m
-0.03%
total assets
26.6m
-0.1%
cash
20.4k
-0.63%
net assets
Total assets minus all liabilities
standard motor products holdings limited company details
company number
09493614
Type
Private limited with Share Capital
industry
27110 - Manufacture of electric motors, generators and transformers
incorporation date
March 2015
age
9
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
little oak drive sherwood park, annesley, nottingham, NG15 0DR
last accounts submitted
December 2022
standard motor products holdings 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 standard motor products holdings limited.
standard motor products holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
