shuttleworth & melling ltd
shuttleworth & melling ltd Company Information
Company Number
09703728
Website
flipout.co.ukRegistered Address
10th floor 103 colmore row, birmingham, B3 3AG
Industry
Other amusement and recreation activities
Telephone
01785719934
Next Accounts Due
1358 days late
Group Structure
View All
Shareholders
david james white 100%
shuttleworth & melling ltd Estimated Valuation
Pomanda estimates the enterprise value of SHUTTLEWORTH & MELLING LTD at £3.5m based on a Turnover of £4.5m and 0.78x industry multiple (adjusted for size and gross margin).
shuttleworth & melling ltd Estimated Valuation
Pomanda estimates the enterprise value of SHUTTLEWORTH & MELLING LTD at £305.3k based on an EBITDA of £102.3k and a 2.98x industry multiple (adjusted for size and gross margin).
shuttleworth & melling ltd Estimated Valuation
Pomanda estimates the enterprise value of SHUTTLEWORTH & MELLING LTD at £167.2k based on Net Assets of £371.6k and 0.45x industry multiple (adjusted for liquidity).
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Shuttleworth & Melling Ltd Overview
Shuttleworth & Melling Ltd is a live company located in birmingham, B3 3AG with a Companies House number of 09703728. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in July 2015, it's largest shareholder is david james white with a 100% stake. Shuttleworth & Melling Ltd is a young, small sized company, Pomanda has estimated its turnover at £4.5m with unknown growth in recent years.
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Shuttleworth & Melling Ltd Health Check
Pomanda's financial health check has awarded Shuttleworth & Melling Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £4.5m, make it larger than the average company (£295.7k)
- Shuttleworth & Melling Ltd
£295.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Shuttleworth & Melling Ltd
- - Industry AVG
Production
with a gross margin of 31%, this company has a higher cost of product (55.5%)
- Shuttleworth & Melling Ltd
55.5% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (7.5%)
- Shuttleworth & Melling Ltd
7.5% - Industry AVG
Employees
with 32 employees, this is above the industry average (10)
32 - Shuttleworth & Melling Ltd
10 - Industry AVG
Pay Structure
on an average salary of £18.7k, the company has an equivalent pay structure (£18.7k)
- Shuttleworth & Melling Ltd
£18.7k - Industry AVG
Efficiency
resulting in sales per employee of £140.3k, this is more efficient (£57.9k)
- Shuttleworth & Melling Ltd
£57.9k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (11 days)
- Shuttleworth & Melling Ltd
11 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (44 days)
- Shuttleworth & Melling Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (20 days)
- Shuttleworth & Melling Ltd
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (64 weeks)
0 weeks - Shuttleworth & Melling Ltd
64 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.5%, this is a higher level of debt than the average (33%)
73.5% - Shuttleworth & Melling Ltd
33% - Industry AVG
SHUTTLEWORTH & MELLING LTD financials
Shuttleworth & Melling Ltd's latest turnover from December 2018 is estimated at £4.5 million and the company has net assets of £371.6 thousand. According to their latest financial statements, Shuttleworth & Melling Ltd has 32 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|
| 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 | 32 | 52 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|
| Tangible Assets | 314,032 | 436,478 | 532,350 |
| Intangible Assets | 14,410 | 16,493 | 18,576 |
| Investments & Other | 10 | 10 | 10 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 328,452 | 452,981 | 550,936 |
| Stock & work in progress | 9,477 | 24,713 | 48,589 |
| Trade Debtors | 1,064,488 | 1,118,129 | 1,347,386 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 1,900 | 112,070 | 46,843 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,075,865 | 1,254,912 | 1,442,818 |
| total assets | 1,404,317 | 1,707,893 | 1,993,754 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 329,929 | 497,507 | 465,026 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 96,516 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 329,929 | 497,507 | 561,542 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 152,026 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 661,827 | 734,828 | 807,939 |
| provisions | 40,912 | 42,635 | 22,000 |
| total long term liabilities | 702,739 | 777,463 | 981,965 |
| total liabilities | 1,032,668 | 1,274,970 | 1,543,507 |
| net assets | 371,649 | 432,923 | 450,247 |
| total shareholders funds | 371,649 | 432,923 | 450,247 |
| Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 161,906 | 166,789 | 148,776 |
| Amortisation | 2,083 | 2,083 | 2,257 |
| Tax | |||
| Stock | -15,236 | -23,876 | 48,589 |
| Debtors | -53,641 | -229,257 | 1,347,386 |
| Creditors | -167,578 | 32,481 | 465,026 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,723 | 20,635 | 22,000 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 10 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -248,542 | 248,542 |
| other long term liabilities | -73,001 | -73,111 | 807,939 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -110,170 | 65,227 | 46,843 |
| overdraft | 0 | 0 | 0 |
| change in cash | -110,170 | 65,227 | 46,843 |
shuttleworth & melling ltd Credit Report and Business Information
Shuttleworth & Melling Ltd Competitor Analysis
Perform a competitor analysis for shuttleworth & melling ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in B 3 area or any other competitors across 12 key performance metrics.
shuttleworth & melling ltd Ownership
SHUTTLEWORTH & MELLING LTD group structure
Shuttleworth & Melling Ltd has no subsidiary companies.
Ultimate parent company
SHUTTLEWORTH & MELLING LTD
09703728
shuttleworth & melling ltd directors
Shuttleworth & Melling Ltd currently has 2 directors. The longest serving directors include Mr David White (Jan 2020) and Mr David White (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David White | 43 years | Jan 2020 | - | Director | |
| Mr David White | England | 43 years | Jan 2020 | - | Director |
P&L
December 2018turnover
4.5m
-13%
operating profit
-61.7k
0%
gross margin
31%
-4.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
371.6k
-0.14%
total assets
1.4m
-0.18%
cash
1.9k
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
shuttleworth & melling ltd company details
company number
09703728
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
July 2015
age
9
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
flip out stoke ltd (July 2015)
last accounts submitted
December 2018
address
10th floor 103 colmore row, birmingham, B3 3AG
accountant
-
auditor
-
shuttleworth & melling ltd 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 shuttleworth & melling ltd.
shuttleworth & melling ltd Companies House Filings - See Documents
| date | description | view/download |
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