smart works birmingham

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smart works birmingham Company Information

Share SMART WORKS BIRMINGHAM

Company Number

10098116

Shareholders

-

Group Structure

View All

Industry

Other personal service activities n.e.c.

 

Registered Address

321 bradford street, birmingham, B5 6ET

smart works birmingham Estimated Valuation

£125.3k

Pomanda estimates the enterprise value of SMART WORKS BIRMINGHAM at £125.3k based on a Turnover of £185.9k and 0.67x industry multiple (adjusted for size and gross margin).

smart works birmingham Estimated Valuation

£161.3k

Pomanda estimates the enterprise value of SMART WORKS BIRMINGHAM at £161.3k based on an EBITDA of £36.4k and a 4.44x industry multiple (adjusted for size and gross margin).

smart works birmingham Estimated Valuation

£264.8k

Pomanda estimates the enterprise value of SMART WORKS BIRMINGHAM at £264.8k based on Net Assets of £135k and 1.96x industry multiple (adjusted for liquidity).

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Smart Works Birmingham Overview

Smart Works Birmingham is a live company located in birmingham, B5 6ET with a Companies House number of 10098116. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in April 2016, it's largest shareholder is unknown. Smart Works Birmingham is a young, micro sized company, Pomanda has estimated its turnover at £185.9k with high growth in recent years.

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Smart Works Birmingham Health Check

Pomanda's financial health check has awarded Smart Works Birmingham a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £185.9k, make it smaller than the average company (£840.3k)

£185.9k - Smart Works Birmingham

£840.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (8.2%)

30% - Smart Works Birmingham

8.2% - Industry AVG

production

Production

with a gross margin of 39.8%, this company has a comparable cost of product (39.8%)

39.8% - Smart Works Birmingham

39.8% - Industry AVG

profitability

Profitability

an operating margin of 19.6% make it more profitable than the average company (5.7%)

19.6% - Smart Works Birmingham

5.7% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (14)

3 - Smart Works Birmingham

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£29k)

£31.9k - Smart Works Birmingham

£29k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62k, this is equally as efficient (£72.8k)

£62k - Smart Works Birmingham

£72.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Smart Works Birmingham

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (37 days)

0 days - Smart Works Birmingham

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 58 days, this is more than average (32 days)

58 days - Smart Works Birmingham

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 261 weeks, this is more cash available to meet short term requirements (58 weeks)

261 weeks - Smart Works Birmingham

58 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.2%, this is a lower level of debt than the average (37.8%)

17.2% - Smart Works Birmingham

37.8% - Industry AVG

SMART WORKS BIRMINGHAM financials

EXPORTms excel logo

Smart Works Birmingham's latest turnover from March 2024 is £185.9 thousand and the company has net assets of £135 thousand. According to their latest financial statements, Smart Works Birmingham has 3 employees and maintains cash reserves of £140.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover185,884142,93979,96785,40099,401100,20761,95273,291
Other Income Or Grants
Cost Of Sales111,88984,69748,17152,43359,93860,03737,54643,250
Gross Profit73,99558,24231,79632,96739,46340,17024,40630,041
Admin Expenses37,63937,23635,3151,82531,8935,70921,750-1,003
Operating Profit36,35621,006-3,51931,1427,57034,4612,65631,044
Interest Payable
Interest Receivable
Pre-Tax Profit31,71919,716-3,02825,2646,15928,0592,21924,851
Tax
Profit After Tax31,71919,716-3,02825,2646,15928,0592,21924,851
Dividends Paid
Retained Profit31,71919,716-3,02825,2646,15928,0592,21924,851
Employee Costs95,64563,29152,38941,34140,83130,65226,71818,350
Number Of Employees34322221
EBITDA*36,35621,006-2,23931,3987,82634,7172,91231,300

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets2565127681,024
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2565127681,024
Stock & work in progress17,94223,47213,25616,74020,00022,5805,4005,400
Trade Debtors
Group Debtors
Misc Debtors4,2441,7665,75712,0706,1063,0485,2303,750
Cash140,75985,37271,57259,42437,22130,47817,34016,026
misc current assets
total current assets162,945110,61090,58588,23463,32756,10627,97025,176
total assets162,945110,61090,58588,23463,58356,61828,73826,200
Bank overdraft
Bank loan
Trade Creditors 55420
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities27,9306,9497,0601,6812,2941,6681,349
total current liabilities27,9857,3697,0601,6812,2941,4881,6681,349
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities27,9857,3697,0601,6812,2941,4881,6681,349
net assets134,960103,24183,52586,55361,28955,13027,07024,851
total shareholders funds134,960103,24183,52586,55361,28955,13027,07024,851
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit36,35621,006-3,51931,1427,57034,4612,65631,044
Depreciation1,280256256256256256
Amortisation
Tax
Stock-5,53010,216-3,484-3,260-2,58017,1805,400
Debtors2,478-3,991-6,3135,9643,058-2,1821,4803,750
Creditors-365420
Accruals and Deferred Income20,981-1115,379-6132,294-1,6683191,349
Deferred Taxes & Provisions
Cash flow from operations60,02415,09012,93728,0819,64218,0511,75123,499
Investing Activities
capital expenditure-1,280-1,280
Change in Investments
cash flow from investments-1,280-1,280
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest
cash flow from financing1
cash and cash equivalents
cash55,38713,80012,14822,2036,74313,1381,31416,026
overdraft
change in cash55,38713,80012,14822,2036,74313,1381,31416,026

smart works birmingham Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Smart Works Birmingham Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for smart works birmingham by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in B 5 area or any other competitors across 12 key performance metrics.

smart works birmingham Ownership

SMART WORKS BIRMINGHAM group structure

Smart Works Birmingham has no subsidiary companies.

Ultimate parent company

SMART WORKS BIRMINGHAM

10098116

SMART WORKS BIRMINGHAM Shareholders

--

smart works birmingham directors

Smart Works Birmingham currently has 8 directors. The longest serving directors include Mrs Alison McKerracher (Dec 2021) and Ms Bernadette Coughlan (Dec 2021).

officercountryagestartendrole
Mrs Alison McKerracherUnited Kingdom63 years Dec 2021- Director
Ms Bernadette CoughlanEngland33 years Dec 2021- Director
Ms Fay AshwellUnited Kingdom51 years May 2023- Director
Ms Holly RankinEngland48 years May 2023- Director
Mrs Danielle OwensEngland45 years May 2023- Director
Ms Schnel HansenEngland45 years May 2023- Director
Mrs Raynee De Zoysa38 years Feb 2024- Director
Miss Jenna HydeEngland30 years Jan 2025- Director

P&L

March 2024

turnover

185.9k

+30%

operating profit

36.4k

0%

gross margin

39.9%

-2.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

135k

+0.31%

total assets

162.9k

+0.47%

cash

140.8k

+0.65%

net assets

Total assets minus all liabilities

smart works birmingham company details

company number

10098116

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

96090 - Other personal service activities n.e.c.

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

HANNAH ORMSTON

auditor

-

address

321 bradford street, birmingham, B5 6ET

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

smart works birmingham 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 smart works birmingham.

smart works birmingham 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.

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smart works birmingham Companies House Filings - See Documents

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