smart balustrades limited

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smart balustrades limited Company Information

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Company Number

10302815

Registered Address

unitech house prospect road, burntwood, staffs, WS7 0AU

Industry

Manufacture of other special-purpose machinery n.e.c.

 

Telephone

441543687087

Next Accounts Due

September 2024

Group Structure

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Directors

Alexander Imlah7 Years

Mark Street7 Years

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Shareholders

unitech industries ltd 51%

david hough 24.5%

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smart balustrades limited Estimated Valuation

£994.2k

Pomanda estimates the enterprise value of SMART BALUSTRADES LIMITED at £994.2k based on a Turnover of £1.8m and 0.54x industry multiple (adjusted for size and gross margin).

smart balustrades limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SMART BALUSTRADES LIMITED at £0 based on an EBITDA of £-4.8k and a 4.33x industry multiple (adjusted for size and gross margin).

smart balustrades limited Estimated Valuation

£487.3k

Pomanda estimates the enterprise value of SMART BALUSTRADES LIMITED at £487.3k based on Net Assets of £235.4k and 2.07x industry multiple (adjusted for liquidity).

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Smart Balustrades Limited Overview

Smart Balustrades Limited is a live company located in staffs, WS7 0AU with a Companies House number of 10302815. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in July 2016, it's largest shareholder is unitech industries ltd with a 51% stake. Smart Balustrades Limited is a young, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.

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Smart Balustrades Limited Health Check

Pomanda's financial health check has awarded Smart Balustrades Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

6 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£10.6m)

£1.8m - Smart Balustrades Limited

£10.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (-0.1%)

28% - Smart Balustrades Limited

-0.1% - Industry AVG

production

Production

with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)

30.9% - Smart Balustrades Limited

30.9% - Industry AVG

profitability

Profitability

an operating margin of -0.4% make it less profitable than the average company (5.4%)

-0.4% - Smart Balustrades Limited

5.4% - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (62)

14 - Smart Balustrades Limited

62 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)

£48.7k - Smart Balustrades Limited

£48.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £131.7k, this is less efficient (£173.4k)

£131.7k - Smart Balustrades Limited

£173.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is near the average (61 days)

69 days - Smart Balustrades Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 85 days, this is slower than average (45 days)

85 days - Smart Balustrades Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 68 days, this is in line with average (83 days)

68 days - Smart Balustrades Limited

83 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)

5 weeks - Smart Balustrades Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.8%, this is a higher level of debt than the average (48.9%)

67.8% - Smart Balustrades Limited

48.9% - Industry AVG

smart balustrades limited 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 Balustrades Limited Competitor Analysis

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smart balustrades limited Ownership

SMART BALUSTRADES LIMITED group structure

Smart Balustrades Limited has no subsidiary companies.

Ultimate parent company

1 parent

SMART BALUSTRADES LIMITED

10302815

SMART BALUSTRADES LIMITED Shareholders

unitech industries ltd 51%
david hough 24.5%
jonathon hough 24.5%

smart balustrades limited directors

Smart Balustrades Limited currently has 4 directors. The longest serving directors include Mr Alexander Imlah (Jul 2016) and Mr Mark Street (Jul 2016).

officercountryagestartendrole
Mr Alexander ImlahEngland60 years Jul 2016- Director
Mr Mark StreetUnited Kingdom64 years Jul 2016- Director
Mr Jonathan HoughUnited Kingdom36 years Jul 2017- Director
Mr David HoughUnited Kingdom41 years Jul 2017- Director

SMART BALUSTRADES LIMITED financials

EXPORTms excel logo

Smart Balustrades Limited's latest turnover from December 2022 is estimated at £1.8 million and the company has net assets of £235.4 thousand. According to their latest financial statements, Smart Balustrades Limited has 14 employees and maintains cash reserves of £53.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover1,843,2581,112,005877,027886,085569,438301,4860
Other Income Or Grants0000000
Cost Of Sales1,273,443769,681617,320619,695394,980204,4760
Gross Profit569,815342,324259,706266,390174,45997,0100
Admin Expenses577,438312,12695,898275,56729,246127,0460
Operating Profit-7,62330,198163,808-9,177145,213-30,0360
Interest Payable0000000
Interest Receivable5,6146251485605281360
Pre-Tax Profit-2,00930,822163,956-8,617145,741-29,9000
Tax0-5,856-31,1520-27,69100
Profit After Tax-2,00924,966132,804-8,617118,050-29,9000
Dividends Paid0000000
Retained Profit-2,00924,966132,804-8,617118,050-29,9000
Employee Costs682,154518,083275,701229,256134,793173,6570
Number Of Employees141165340
EBITDA*-4,81630,951165,091-7,641146,204-29,4890

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets9,6081,6482,4012,1841,8015460
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets9,6081,6482,4012,1841,8015460
Stock & work in progress238,218116,0917,4430000
Trade Debtors352,794194,109248,467197,056131,76912,9990
Group Debtors2,1215,4645,2145,785020,5000
Misc Debtors75,53229,5082,97563,0536,4032,3090
Cash53,282267,492232,25963,04486,32854,38834
misc current assets0000000
total current assets721,947612,664496,358328,938224,50090,19634
total assets731,555614,312498,759331,122226,30190,74234
Bank overdraft0000000
Bank loan0000000
Trade Creditors 298,892137,97068,32357,74051,62023,7050
Group/Directors Accounts12,18441,64031,40631,08011,4636,90333
other short term finances0000000
hp & lease commitments0000000
other current liabilities182,986197,299186,405162,34874,67989,9340
total current liabilities494,062376,909286,134251,168137,762120,54233
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income000028900
other liabilities0000000
provisions2,0990188321000
total long term liabilities2,099018832128900
total liabilities496,161376,909286,322251,489138,051120,54233
net assets235,394237,403212,43779,63388,250-29,8001
total shareholders funds235,394237,403212,43779,63388,250-29,8001
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit-7,62330,198163,808-9,177145,213-30,0360
Depreciation2,8077531,2831,5369915470
Amortisation0000000
Tax0-5,856-31,1520-27,69100
Stock122,127108,6487,4430000
Debtors201,366-27,575-9,238127,722102,36435,8080
Creditors160,92269,64710,5836,12027,91523,7050
Accruals and Deferred Income-14,31310,89424,05787,380-14,96689,9340
Deferred Taxes & Provisions2,099-188-133321000
Cash flow from operations-179,60124,375170,241-41,54229,09848,3420
Investing Activities
capital expenditure-10,7670-1,500-1,919-2,246-1,0930
Change in Investments0000000
cash flow from investments-10,7670-1,500-1,919-2,246-1,0930
Financing Activities
Bank loans0000000
Group/Directors Accounts-29,45610,23432619,6174,5606,87033
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue00000991
interest5,6146251485605281360
cash flow from financing-23,84210,85947420,1775,0887,10534
cash and cash equivalents
cash-214,21035,233169,215-23,28431,94054,35434
overdraft0000000
change in cash-214,21035,233169,215-23,28431,94054,35434

P&L

December 2022

turnover

1.8m

+66%

operating profit

-7.6k

0%

gross margin

31%

+0.42%

turnover

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

Balance Sheet

December 2022

net assets

235.4k

-0.01%

total assets

731.6k

+0.19%

cash

53.3k

-0.8%

net assets

Total assets minus all liabilities

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smart balustrades limited company details

company number

10302815

Type

Private limited with Share Capital

industry

28990 - Manufacture of other special-purpose machinery n.e.c.

incorporation date

July 2016

age

8

accounts

Small Company

ultimate parent company

previous names

smart balustrading limited (June 2017)

smart architectural services limited (June 2017)

See more

incorporated

UK

address

unitech house prospect road, burntwood, staffs, WS7 0AU

last accounts submitted

December 2022

smart balustrades 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 smart balustrades limited.

charges

smart balustrades limited Companies House Filings - See Documents

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