Pomanda estimates the enterprise value of SKYSPARES LIMITED at £2.3m based on a Turnover of £4.2m and 0.55x industry multiple (adjusted for size and gross margin).
skyspares limitedEstimated Valuation
£1.6m
Pomanda estimates the enterprise value of SKYSPARES LIMITED at £1.6m based on an EBITDA of £399.7k and a 3.92x industry multiple (adjusted for size and gross margin).
skyspares limitedEstimated Valuation
£6.9m
Pomanda estimates the enterprise value of SKYSPARES LIMITED at £6.9m based on Net Assets of £2.9m and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Skyspares LimitedOverview
Skyspares Limited is a live company located in okehampton, EX20 1UA with a Companies House number of 09958681. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2016, it's largest shareholder is
south west aerospace holdings limited
with a 100% stake. Skyspares Limited is a young,
small sized company, Pomanda has estimated its turnover at
£4.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Skyspares Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £4.2m, make it in line with the average company (£3.7m)
£4.2m - Skyspares Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (8.3%)
10% - Skyspares Limited
8.3% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
37.9% - Skyspares Limited
37.9% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (5.7%)
8.6% - Skyspares Limited
5.7% - Industry AVG
Employees
with 12 employees, this is below the industry average (22)
12 - Skyspares Limited
22 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
£46.6k - Skyspares Limited
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £353.8k, this is more efficient (£145.7k)
£353.8k - Skyspares Limited
£145.7k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (36 days)
21 days - Skyspares Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (33 days)
25 days - Skyspares Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 589 days, this is more than average (28 days)
589 days - Skyspares Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 57 weeks, this is more cash available to meet short term requirements (26 weeks)
57 weeks - Skyspares Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.9%, this is a lower level of debt than the average (59%)
47.9% - Skyspares Limited
59% - Industry AVG
SKYSPARES LIMITED financials
EXPORT
Skyspares Limited's latest turnover from March 2024 is estimated at £4.2 million and the company has net assets of £2.9 million. According to their latest financial statements, Skyspares Limited has 12 employees and maintains cash reserves of £796.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
4,246,071
2,754,932
3,510,137
3,214,032
3,836,535
1,394,629
1,429,446
984,963
Other Income Or Grants
Cost Of Sales
2,635,973
1,692,040
2,180,702
2,017,431
2,378,904
868,121
887,956
602,538
Gross Profit
1,610,097
1,062,891
1,329,435
1,196,601
1,457,632
526,508
541,489
382,426
Admin Expenses
1,244,954
-677,985
402,006
1,327,213
1,287,614
-162,792
9,958
-112,335
Operating Profit
365,143
1,740,876
927,429
-130,612
170,018
689,300
531,531
494,761
Interest Payable
198,439
233,668
244,099
214,929
123,443
94,326
87,765
37,320
Interest Receivable
55,025
44,593
10,200
1,507
1,190
7,746
4,157
1,103
Pre-Tax Profit
221,729
1,551,800
693,530
-344,034
47,765
602,720
447,923
458,544
Tax
-55,432
-294,842
-131,771
-9,075
-114,517
-85,105
-91,709
Profit After Tax
166,297
1,256,958
561,759
-344,034
38,690
488,203
362,818
366,835
Dividends Paid
Retained Profit
166,297
1,256,958
561,759
-344,034
38,690
488,203
362,818
366,835
Employee Costs
559,734
492,439
549,187
561,896
596,267
308,605
218,182
213,389
Number Of Employees
12
11
13
14
15
8
6
6
EBITDA*
399,677
1,762,516
942,528
-113,123
185,067
703,804
542,379
502,982
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
224,007
163,640
62,293
69,602
85,435
55,236
65,951
44,778
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
224,007
163,640
62,293
69,602
85,435
55,236
65,951
44,778
Stock & work in progress
4,260,662
3,542,490
4,037,649
3,416,659
3,989,237
1,184,906
1,623,376
734,360
Trade Debtors
254,010
122,235
271,536
191,773
237,265
109,538
74,755
84,005
Group Debtors
405
405
405
405
36,602
22,236
27,146
Misc Debtors
21,836
25,772
24,383
18,080
20,316
15,378
38,743
4,920
Cash
796,714
1,299,495
798,976
1,921,039
1,093,904
1,285,283
780,199
882,749
misc current assets
total current assets
5,333,222
4,990,397
5,132,949
5,547,956
5,341,127
2,631,707
2,539,309
1,733,180
total assets
5,557,229
5,154,037
5,195,242
5,617,558
5,426,562
2,686,943
2,605,260
1,777,958
Bank overdraft
537,734
Bank loan
Trade Creditors
182,721
6,590
14,109
84,700
12,647
8,868
4,167
34,895
Group/Directors Accounts
445,351
476,665
585,166
287,857
447,238
18,823
260,591
83,317
other short term finances
hp & lease commitments
other current liabilities
87,457
288,299
164,682
33,750
29,791
145,498
95,691
93,306
total current liabilities
715,529
771,554
763,957
406,307
1,027,410
173,189
360,449
211,518
loans
1,912,810
1,614,999
2,944,383
4,288,181
2,220,943
1,288,619
1,506,214
1,194,250
hp & lease commitments
Accruals and Deferred Income
other liabilities
907,866
provisions
31,264
36,155
12,531
10,458
13,697
7,179
8,844
5,255
total long term liabilities
1,944,074
1,651,154
2,956,914
4,298,639
3,142,506
1,295,798
1,515,058
1,199,505
total liabilities
2,659,603
2,422,708
3,720,871
4,704,946
4,169,916
1,468,987
1,875,507
1,411,023
net assets
2,897,626
2,731,329
1,474,371
912,612
1,256,646
1,217,956
729,753
366,935
total shareholders funds
2,897,626
2,731,329
1,474,371
912,612
1,256,646
1,217,956
729,753
366,935
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
365,143
1,740,876
927,429
-130,612
170,018
689,300
531,531
494,761
Depreciation
34,534
21,640
15,099
17,489
15,049
14,504
10,848
8,221
Amortisation
Tax
-55,432
-294,842
-131,771
-9,075
-114,517
-85,105
-91,709
Stock
718,172
-495,159
620,990
-572,578
2,804,331
-438,470
889,016
734,360
Debtors
127,434
-147,912
86,066
-47,728
96,468
25,784
19,663
116,071
Creditors
176,131
-7,519
-70,591
72,053
3,779
4,701
-30,728
34,895
Accruals and Deferred Income
-200,842
123,617
130,932
3,959
-115,707
49,807
2,385
93,306
Deferred Taxes & Provisions
-4,891
23,624
2,073
-3,239
6,518
-1,665
3,589
5,255
Cash flow from operations
-530,963
2,250,467
166,115
579,956
-2,830,217
1,054,816
-476,159
-305,702
Investing Activities
capital expenditure
-94,901
-122,987
-7,790
-1,656
-45,248
-3,789
-32,021
-52,999
Change in Investments
cash flow from investments
-94,901
-122,987
-7,790
-1,656
-45,248
-3,789
-32,021
-52,999
Financing Activities
Bank loans
Group/Directors Accounts
-31,314
-108,501
297,309
-159,381
428,415
-241,768
177,274
83,317
Other Short Term Loans
Long term loans
297,811
-1,329,384
-1,343,798
2,067,238
932,324
-217,595
311,964
1,194,250
Hire Purchase and Lease Commitments
other long term liabilities
-907,866
907,866
share issue
100
interest
-143,414
-189,075
-233,899
-213,422
-122,253
-86,580
-83,608
-36,217
cash flow from financing
123,083
-1,626,960
-1,280,388
786,569
2,146,352
-545,943
405,630
1,241,450
cash and cash equivalents
cash
-502,781
500,519
-1,122,063
827,135
-191,379
505,084
-102,550
882,749
overdraft
-537,734
537,734
change in cash
-502,781
500,519
-1,122,063
1,364,869
-729,113
505,084
-102,550
882,749
skyspares 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 skyspares limited. Get real-time insights into skyspares limited's credit score, group structure and payment trends.
Perform a competitor analysis for skyspares limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EX20 area or any other competitors across 12 key performance metrics.
okehampton point, exeter road industrial estate, okehampton, devon, EX20 1UA
Bank
-
Legal Advisor
-
skyspares 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 found 3 charges/mortgages relating to skyspares limited. Currently there are 2 open charges and 1 have been satisfied in the past.
skyspares 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 SKYSPARES LIMITED. This can take several minutes, an email will notify you when this has completed.
skyspares limitedCompanies House Filings - See Documents
