Pomanda estimates the enterprise value of SURREY HEATING SPECIALISTS LIMITED at £426.7k based on a Turnover of £1m and 0.42x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SURREY HEATING SPECIALISTS LIMITED at £313.5k based on an EBITDA of £88k and a 3.56x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SURREY HEATING SPECIALISTS LIMITED at £639.1k based on Net Assets of £226.1k and 2.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Surrey Heating Specialists LimitedOverview
Surrey Heating Specialists Limited is a live company located in middlesex, TW15 2TS with a Companies House number of 09840082. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in October 2015, it's largest shareholder is
ryan price
with a 100% stake. Surrey Heating Specialists Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1m with
high
growth in recent years.
Pomanda's financial health check has awarded Surrey Heating Specialists Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
3 Weak
Size
annual sales of £1m, make it larger than the average company (£371.7k)
£1m - Surrey Heating Specialists Limited
£371.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.9%)
19% - Surrey Heating Specialists Limited
8.9% - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (29%)
18.3% - Surrey Heating Specialists Limited
29% - Industry AVG
Profitability
an operating margin of 8.7% make it more profitable than the average company (5.6%)
8.7% - Surrey Heating Specialists Limited
5.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Surrey Heating Specialists Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
£32.4k - Surrey Heating Specialists Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £337.7k, this is more efficient (£118.1k)
£337.7k - Surrey Heating Specialists Limited
£118.1k - Industry AVG
Debtor Days
it gets paid by customers after 140 days, this is later than average (55 days)
140 days - Surrey Heating Specialists Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (46 days)
79 days - Surrey Heating Specialists Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Surrey Heating Specialists Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Surrey Heating Specialists Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54%, this is a lower level of debt than the average (62.5%)
54% - Surrey Heating Specialists Limited
62.5% - Industry AVG
SURREY HEATING SPECIALISTS LIMITED financials
EXPORT
Surrey Heating Specialists Limited's latest turnover from October 2023 is estimated at £1 million and the company has net assets of £226.1 thousand. According to their latest financial statements, Surrey Heating Specialists Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Turnover
1,012,983
766,143
628,562
602,479
333,072
414,232
270,504
152,034
Other Income Or Grants
Cost Of Sales
828,150
626,977
519,070
487,029
269,941
329,499
211,671
118,884
Gross Profit
184,833
139,166
109,493
115,450
63,131
84,733
58,833
33,150
Admin Expenses
96,881
130,359
14,372
71,022
48,341
73,744
54,968
13,147
Operating Profit
87,952
8,807
95,121
44,428
14,790
10,989
3,865
20,003
Interest Payable
Interest Receivable
Pre-Tax Profit
87,952
8,807
95,121
44,428
14,790
10,989
3,865
20,003
Tax
-21,988
-1,673
-18,073
-8,441
-2,810
-2,088
-734
-4,000
Profit After Tax
65,964
7,134
77,048
35,987
11,980
8,901
3,131
16,002
Dividends Paid
Retained Profit
65,964
7,134
77,048
35,987
11,980
8,901
3,131
16,002
Employee Costs
97,268
100,134
98,490
66,337
67,175
70,541
64,775
35,887
Number Of Employees
3
3
3
2
2
2
2
1
EBITDA*
87,952
8,807
95,121
44,428
14,790
10,989
3,865
20,003
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Tangible Assets
102,713
59,734
77,769
17,720
26,469
24,500
27,611
17,470
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
102,713
59,734
77,769
17,720
26,469
24,500
27,611
17,470
Stock & work in progress
Trade Debtors
389,223
312,323
323,120
239,442
116,175
114,308
71,719
37,380
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
389,223
312,323
323,120
239,442
116,175
114,308
71,719
37,380
total assets
491,936
372,057
400,889
257,162
142,644
138,808
99,330
54,850
Bank overdraft
Bank loan
Trade Creditors
179,341
149,593
62,356
108,880
77,084
92,499
55,173
33,248
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
179,341
149,593
62,356
108,880
77,084
92,499
55,173
33,248
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
86,448
62,281
185,484
72,281
25,546
18,275
25,024
5,600
provisions
total long term liabilities
86,448
62,281
185,484
72,281
25,546
18,275
25,024
5,600
total liabilities
265,789
211,874
247,840
181,161
102,630
110,774
80,197
38,848
net assets
226,147
160,183
153,049
76,001
40,014
28,034
19,133
16,002
total shareholders funds
226,147
160,183
153,049
76,001
40,014
28,034
19,133
16,002
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Operating Activities
Operating Profit
87,952
8,807
95,121
44,428
14,790
10,989
3,865
20,003
Depreciation
Amortisation
Tax
-21,988
-1,673
-18,073
-8,441
-2,810
-2,088
-734
-4,000
Stock
Debtors
76,900
-10,797
83,678
123,267
1,867
42,589
34,339
37,380
Creditors
29,748
87,237
-46,524
31,796
-15,415
37,326
21,925
33,248
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
18,812
105,168
-53,154
-55,484
-5,302
3,638
-9,283
11,871
Investing Activities
capital expenditure
-42,979
18,035
-60,049
8,749
-1,969
3,111
-10,141
-17,470
Change in Investments
cash flow from investments
-42,979
18,035
-60,049
8,749
-1,969
3,111
-10,141
-17,470
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
24,167
-123,203
113,203
46,735
7,271
-6,749
19,424
5,600
share issue
interest
cash flow from financing
24,167
-123,203
113,203
46,735
7,271
-6,749
19,424
5,600
cash and cash equivalents
cash
overdraft
change in cash
surrey heating specialists 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 surrey heating specialists limited. Get real-time insights into surrey heating specialists limited's credit score, group structure and payment trends.
Perform a competitor analysis for surrey heating specialists limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TW15 area or any other competitors across 12 key performance metrics.
surrey heating specialists limited Ownership
SURREY HEATING SPECIALISTS LIMITED group structure
Surrey Heating Specialists Limited has no subsidiary companies.
Ultimate parent company
SURREY HEATING SPECIALISTS LIMITED
09840082
SURREY HEATING SPECIALISTS LIMITED Shareholders
The sole shareholder of Surrey Heating Specialists Limited is Ryan Price.
ryan price
100%
surrey heating specialists limited directors
Surrey Heating Specialists Limited currently has 1 director, Mr Ryan Price serving since Oct 2015.
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 surrey heating specialists limited.
surrey heating specialists 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 SURREY HEATING SPECIALISTS LIMITED. This can take several minutes, an email will notify you when this has completed.
surrey heating specialists limitedCompanies House Filings - See Documents
