smartworks metering limited Company Information
Company Number
09845307
Website
marstongroup.co.ukRegistered Address
12th floor one america square, london, EC3N 2LS
Industry
Plumbing, heat and air-conditioning installation
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
field services investment limited 100%
smartworks metering limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTWORKS METERING LIMITED at £10.2k based on a Turnover of £25k and 0.41x industry multiple (adjusted for size and gross margin).
smartworks metering limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTWORKS METERING LIMITED at £0 based on an EBITDA of £-284.5k and a 4.32x industry multiple (adjusted for size and gross margin).
smartworks metering limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTWORKS METERING LIMITED at £0 based on Net Assets of £-2m and 3.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Smartworks Metering Limited Overview
Smartworks Metering Limited is a live company located in london, EC3N 2LS with a Companies House number of 09845307. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in October 2015, it's largest shareholder is field services investment limited with a 100% stake. Smartworks Metering Limited is a young, micro sized company, Pomanda has estimated its turnover at £25k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Smartworks Metering Limited Health Check
Pomanda's financial health check has awarded Smartworks Metering Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
7 Weak
Size
annual sales of £25k, make it smaller than the average company (£321.5k)
- Smartworks Metering Limited
£321.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -75%, show it is growing at a slower rate (4.5%)
- Smartworks Metering Limited
4.5% - Industry AVG
Production
with a gross margin of 18.5%, this company has a higher cost of product (28.4%)
- Smartworks Metering Limited
28.4% - Industry AVG
Profitability
an operating margin of -1141% make it less profitable than the average company (6.5%)
- Smartworks Metering Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Smartworks Metering Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Smartworks Metering Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £25k, this is less efficient (£111k)
- Smartworks Metering Limited
£111k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (54 days)
- Smartworks Metering Limited
54 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Smartworks Metering Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Smartworks Metering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Smartworks Metering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 184.8%, this is a higher level of debt than the average (61.1%)
184.8% - Smartworks Metering Limited
61.1% - Industry AVG
SMARTWORKS METERING LIMITED financials
Smartworks Metering Limited's latest turnover from May 2023 is estimated at £25 thousand and the company has net assets of -£2 million. According to their latest financial statements, Smartworks Metering Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | Oct 2018 | Oct 2017 | Oct 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 | 0 | 0 | |||||
Number Of Employees | 1 | 47 | 64 | 37 | 21 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | Oct 2018 | Oct 2017 | Oct 2016 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 4,561 | 4,890 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 10,001 | 10,001 | 10,001 | 10,001 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 10,001 | 14,562 | 14,891 | 10,001 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 238,359 | 64,868 | 0 |
Trade Debtors | 70 | 70 | 29,012 | 269,950 | 0 | 0 | 6,197 |
Group Debtors | 2,337,166 | 2,282,166 | 2,450,153 | 51,592 | 0 | 0 | 0 |
Misc Debtors | 11,622 | 106,735 | 0 | 312,628 | 21,312 | 2,602 | 0 |
Cash | 0 | 0 | 0 | 19,267 | 243 | 303 | 239 |
misc current assets | 0 | 0 | 0 | 0 | 8,773 | 19,972 | 0 |
total current assets | 2,348,858 | 2,388,971 | 2,479,165 | 653,437 | 268,687 | 87,745 | 6,436 |
total assets | 2,358,859 | 2,403,533 | 2,494,056 | 663,438 | 268,687 | 87,745 | 6,436 |
Bank overdraft | 0 | 0 | 0 | 0 | 67,609 | 43,549 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 35,213 | 38,285 | 22,478 | 59,709 | 44,725 |
Group/Directors Accounts | 4,301,387 | 3,925,699 | 3,821,221 | 2,299,637 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 58,355 | 192,796 | 339,362 | 325,058 | 341,895 | 153,842 | 0 |
total current liabilities | 4,359,742 | 4,118,495 | 4,195,796 | 2,662,980 | 431,982 | 257,100 | 44,725 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 319 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 319 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 4,359,742 | 4,118,814 | 4,195,796 | 2,662,980 | 431,982 | 257,100 | 44,725 |
net assets | -2,000,883 | -1,715,281 | -1,701,740 | -1,999,542 | -163,295 | -169,355 | -38,289 |
total shareholders funds | -2,000,883 | -1,715,281 | -1,701,740 | -1,999,542 | -163,295 | -169,355 | -38,289 |
May 2023 | May 2022 | May 2021 | May 2020 | Oct 2018 | Oct 2017 | Oct 2016 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 1,078 | 329 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | 173,491 | 64,868 | 0 |
Debtors | -40,113 | -90,194 | 1,844,995 | 634,170 | 18,710 | -3,595 | 6,197 |
Creditors | 0 | -35,213 | -3,072 | 38,285 | -37,231 | 14,984 | 44,725 |
Accruals and Deferred Income | -134,441 | -146,566 | 14,304 | 325,058 | 188,053 | 153,842 | 0 |
Deferred Taxes & Provisions | -319 | 319 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 10,001 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 375,688 | 104,478 | 1,521,584 | 2,299,637 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | 0 | -19,267 | 19,267 | -60 | 64 | 239 |
overdraft | 0 | 0 | 0 | 0 | 24,060 | 43,549 | 0 |
change in cash | 0 | 0 | -19,267 | 19,267 | -24,120 | -43,485 | 239 |
smartworks metering limited Credit Report and Business Information
Smartworks Metering Limited Competitor Analysis
Perform a competitor analysis for smartworks metering limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EC3N area or any other competitors across 12 key performance metrics.
smartworks metering limited Ownership
SMARTWORKS METERING LIMITED group structure
Smartworks Metering Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
SMARTWORKS METERING LIMITED
09845307
2 subsidiaries
smartworks metering limited directors
Smartworks Metering Limited currently has 4 directors. The longest serving directors include Mr Richard Anderson (Jun 2021) and Mr Richard Anderson (Jun 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Richard Anderson | United Kingdom | 57 years | Jun 2021 | - | Director |
Mr Richard Anderson | United Kingdom | 57 years | Jun 2021 | - | Director |
Mr Stephen Callaghan | United Kingdom | 63 years | May 2022 | - | Director |
Mr Martin Johnson | United Kingdom | 51 years | Aug 2023 | - | Director |
P&L
May 2023turnover
25k
+9033%
operating profit
-285.6k
0%
gross margin
18.5%
-1.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-2m
+0.17%
total assets
2.4m
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
smartworks metering limited company details
company number
09845307
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
October 2015
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
12th floor one america square, london, EC3N 2LS
Bank
-
Legal Advisor
-
smartworks metering 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 smartworks metering limited.
smartworks metering limited Companies House Filings - See Documents
date | description | view/download |
---|