swift spares & services limitedEstimated Valuation
£235.1k
Pomanda estimates the enterprise value of SWIFT SPARES & SERVICES LIMITED at £235.1k based on a Turnover of £710.7k and 0.33x industry multiple (adjusted for size and gross margin).
swift spares & services limitedEstimated Valuation
£715.1k
Pomanda estimates the enterprise value of SWIFT SPARES & SERVICES LIMITED at £715.1k based on an EBITDA of £256.2k and a 2.79x industry multiple (adjusted for size and gross margin).
swift spares & services limitedEstimated Valuation
£764.6k
Pomanda estimates the enterprise value of SWIFT SPARES & SERVICES LIMITED at £764.6k based on Net Assets of £337.1k and 2.27x industry multiple (adjusted for liquidity).
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Swift Spares & Services LimitedOverview
Swift Spares & Services Limited is a live company located in west midlands, WS10 9BZ with a Companies House number of 09597972. It operates in the repair of machinery sector, SIC Code 33120. Founded in May 2015, it's largest shareholder is
john george taylor
with a 50% stake. Swift Spares & Services Limited is a established,
small sized company, Pomanda has estimated its turnover at
£710.7k with
high
growth in recent years.
Pomanda's financial health check has awarded Swift Spares & Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
4 Weak
Size
annual sales of £710.7k, make it smaller than the average company (£8.6m)
£710.7k - Swift Spares & Services Limited
£8.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8.7%)
20% - Swift Spares & Services Limited
8.7% - Industry AVG
Production
with a gross margin of 16.4%, this company has a higher cost of product (28.9%)
16.4% - Swift Spares & Services Limited
28.9% - Industry AVG
Profitability
an operating margin of 35.6% make it more profitable than the average company (4.8%)
35.6% - Swift Spares & Services Limited
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (32)
2 - Swift Spares & Services Limited
32 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
£45.8k - Swift Spares & Services Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £355.3k, this is more efficient (£192k)
£355.3k - Swift Spares & Services Limited
£192k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (48 days)
91 days - Swift Spares & Services Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 191 days, this is slower than average (43 days)
191 days - Swift Spares & Services Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Swift Spares & Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 77 weeks, this is more cash available to meet short term requirements (15 weeks)
77 weeks - Swift Spares & Services Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.1%, this is a lower level of debt than the average (60.1%)
48.1% - Swift Spares & Services Limited
60.1% - Industry AVG
SWIFT SPARES & SERVICES LIMITED financials
EXPORT
Swift Spares & Services Limited's latest turnover from May 2024 is estimated at £710.7 thousand and the company has net assets of £337.1 thousand. According to their latest financial statements, Swift Spares & Services Limited has 2 employees and maintains cash reserves of £466.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Turnover
710,693
347,319
513,104
409,025
260,579
239,559
345,220
174,094
113,187
Other Income Or Grants
Cost Of Sales
594,431
286,162
428,154
336,531
216,036
190,353
276,483
138,645
86,780
Gross Profit
116,261
61,157
84,950
72,494
44,543
49,206
68,737
35,449
26,407
Admin Expenses
-136,939
9,577
52,643
-1,133
51,074
63,848
71,860
4,534
26,154
Operating Profit
253,200
51,580
32,307
73,627
-6,531
-14,642
-3,123
30,915
253
Interest Payable
Interest Receivable
19,506
7,257
768
76
78
516
262
146
95
Pre-Tax Profit
272,705
58,837
33,075
73,702
-6,453
-14,126
-2,861
31,060
348
Tax
-68,176
-14,709
-6,284
-14,003
-5,901
-69
Profit After Tax
204,529
44,128
26,791
59,699
-6,453
-14,126
-2,861
25,159
278
Dividends Paid
Retained Profit
204,529
44,128
26,791
59,699
-6,453
-14,126
-2,861
25,159
278
Employee Costs
91,649
87,368
84,237
75,458
85,226
86,958
41,583
38,479
36,099
Number Of Employees
2
2
2
2
2
2
1
1
1
EBITDA*
256,219
55,374
35,989
77,860
-1,763
-9,980
2,006
31,789
1,369
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Tangible Assets
4,618
6,888
7,584
9,440
10,408
11,002
14,028
2,338
3,212
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,618
6,888
7,584
9,440
10,408
11,002
14,028
2,338
3,212
Stock & work in progress
Trade Debtors
178,253
52,458
177,150
115,214
63,509
40,730
115,032
41,839
20,255
Group Debtors
Misc Debtors
Cash
466,429
276,647
45,908
107,700
43,843
111,248
26,469
78,456
37,980
misc current assets
total current assets
644,682
329,105
223,058
222,914
107,352
151,978
141,501
120,295
58,235
total assets
649,300
335,993
230,642
232,354
117,760
162,980
155,529
122,633
61,447
Bank overdraft
Bank loan
Trade Creditors
312,154
203,376
142,153
170,656
115,761
154,528
132,951
97,195
61,168
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
312,154
203,376
142,153
170,656
115,761
154,528
132,951
97,195
61,168
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
312,154
203,376
142,153
170,656
115,761
154,528
132,951
97,195
61,168
net assets
337,146
132,617
88,489
61,698
1,999
8,452
22,578
25,438
279
total shareholders funds
337,146
132,617
88,489
61,698
1,999
8,452
22,578
25,438
279
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Operating Activities
Operating Profit
253,200
51,580
32,307
73,627
-6,531
-14,642
-3,123
30,915
253
Depreciation
3,019
3,794
3,682
4,233
4,768
4,662
5,129
874
1,116
Amortisation
Tax
-68,176
-14,709
-6,284
-14,003
-5,901
-69
Stock
Debtors
125,795
-124,692
61,936
51,705
22,779
-74,302
73,193
21,584
20,255
Creditors
108,778
61,223
-28,503
54,895
-38,767
21,577
35,756
36,027
61,168
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
171,026
226,580
-60,734
67,047
-63,309
85,899
-35,431
40,331
42,213
Investing Activities
capital expenditure
-749
-3,098
-1,826
-3,265
-4,174
-1,636
-16,819
-4,328
Change in Investments
cash flow from investments
-749
-3,098
-1,826
-3,265
-4,174
-1,636
-16,819
-4,328
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
1
interest
19,506
7,257
768
76
78
516
262
146
95
cash flow from financing
19,506
7,257
768
76
78
516
263
146
96
cash and cash equivalents
cash
189,782
230,739
-61,792
63,857
-67,405
84,779
-51,987
40,476
37,980
overdraft
change in cash
189,782
230,739
-61,792
63,857
-67,405
84,779
-51,987
40,476
37,980
swift spares & services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for swift spares & services limited. Get real-time insights into swift spares & services limited's credit score, group structure and payment trends.
Swift Spares & Services Limited Competitor Analysis
Perform a competitor analysis for swift spares & services limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WS10 area or any other competitors across 12 key performance metrics.
swift spares & services limited Ownership
SWIFT SPARES & SERVICES LIMITED group structure
Swift Spares & Services Limited has no subsidiary companies.
Ultimate parent company
SWIFT SPARES & SERVICES LIMITED
09597972
SWIFT SPARES & SERVICES LIMITED Shareholders
The largest shareholders in Swift Spares & Services Limited include John George Taylor and Fay Morris.
john george taylor
50%
fay morris
50%
swift spares & services limited directors
Swift Spares & Services Limited currently has 2 directors.
The longest serving directors include
Ms Fay Morris (May 2015) and
Mr John Taylor (Apr 2018).
the squires 5 walsall street, wednesbury, west midlands, WS10 9BZ
Bank
-
Legal Advisor
-
swift spares & services 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 swift spares & services limited.
swift spares & services 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.
Click to start generating capital raising & share issue transactions for SWIFT SPARES & SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
swift spares & services limitedCompanies House Filings - See Documents
