united contract scaffolding ltd
united contract scaffolding ltd Company Information
Group Structure
View All
Industry
Scaffold erection
Registered Address
5 barnfield crescent, exeter, EX1 1QT
Website
scaffoldsbyelite.comunited contract scaffolding ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITED CONTRACT SCAFFOLDING LTD at £293.3k based on a Turnover of £833.6k and 0.35x industry multiple (adjusted for size and gross margin).
united contract scaffolding ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITED CONTRACT SCAFFOLDING LTD at £205.7k based on an EBITDA of £61.7k and a 3.34x industry multiple (adjusted for size and gross margin).
united contract scaffolding ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITED CONTRACT SCAFFOLDING LTD at £0 based on Net Assets of £-167.3k and 2.42x industry multiple (adjusted for liquidity).
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United Contract Scaffolding Ltd Overview
United Contract Scaffolding Ltd is a live company located in exeter, EX1 1QT with a Companies House number of 10384684. It operates in the scaffold erection sector, SIC Code 43991. Founded in September 2016, it's largest shareholder is michael kendall with a 100% stake. United Contract Scaffolding Ltd is a young, small sized company, Pomanda has estimated its turnover at £833.6k with rapid growth in recent years.
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United Contract Scaffolding Ltd Health Check
Pomanda's financial health check has awarded United Contract Scaffolding Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £833.6k, make it in line with the average company (£960.2k)
- United Contract Scaffolding Ltd
£960.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 72%, show it is growing at a faster rate (2%)
- United Contract Scaffolding Ltd
2% - Industry AVG
Production
with a gross margin of 25%, this company has a higher cost of product (36.8%)
- United Contract Scaffolding Ltd
36.8% - Industry AVG
Profitability
an operating margin of 7.4% make it as profitable than the average company (6.9%)
- United Contract Scaffolding Ltd
6.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (18)
8 - United Contract Scaffolding Ltd
18 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£34.1k)
- United Contract Scaffolding Ltd
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £104.2k, this is more efficient (£79.7k)
- United Contract Scaffolding Ltd
£79.7k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (62 days)
- United Contract Scaffolding Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 140 days, this is slower than average (28 days)
- United Contract Scaffolding Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- United Contract Scaffolding Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - United Contract Scaffolding Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 135.3%, this is a higher level of debt than the average (56.6%)
135.3% - United Contract Scaffolding Ltd
56.6% - Industry AVG
UNITED CONTRACT SCAFFOLDING LTD financials
United Contract Scaffolding Ltd's latest turnover from September 2020 is estimated at £833.6 thousand and the company has net assets of -£167.3 thousand. According to their latest financial statements, United Contract Scaffolding Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|
| 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 | ||||
| Number Of Employees | 8 | 8 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|
| Tangible Assets | 292,413 | 365,649 | 187,517 | 78,238 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 292,413 | 365,649 | 187,517 | 78,238 |
| Stock & work in progress | 2,000 | |||
| Trade Debtors | 181,935 | 88,615 | 86,212 | 52,818 |
| Group Debtors | ||||
| Misc Debtors | 7,550 | 3,916 | ||
| Cash | 590 | 10,746 | ||
| misc current assets | ||||
| total current assets | 181,935 | 88,615 | 94,352 | 69,480 |
| total assets | 474,348 | 454,264 | 281,869 | 147,718 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 240,643 | 239,525 | 34,331 | 7,519 |
| Group/Directors Accounts | ||||
| other short term finances | 64,631 | |||
| hp & lease commitments | 73,560 | 1,418 | ||
| other current liabilities | 120,220 | 32,861 | ||
| total current liabilities | 240,643 | 239,525 | 292,742 | 41,798 |
| loans | 101,102 | 81,961 | ||
| hp & lease commitments | 35,919 | 38,840 | ||
| Accruals and Deferred Income | ||||
| other liabilities | 401,054 | 432,038 | ||
| provisions | ||||
| total long term liabilities | 401,054 | 432,038 | 137,021 | 120,801 |
| total liabilities | 641,697 | 671,563 | 429,763 | 162,599 |
| net assets | -167,349 | -217,299 | -147,894 | -14,881 |
| total shareholders funds | -167,349 | -217,299 | -147,894 | -14,881 |
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 78,500 | 47,161 | 17,489 | |
| Amortisation | ||||
| Tax | ||||
| Stock | -2,000 | 2,000 | ||
| Debtors | 93,320 | -5,147 | 37,028 | 56,734 |
| Creditors | 1,118 | 205,194 | 26,812 | 7,519 |
| Accruals and Deferred Income | -120,220 | 87,359 | 32,861 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | -64,631 | 64,631 | ||
| Long term loans | -101,102 | 19,141 | 81,961 | |
| Hire Purchase and Lease Commitments | -109,479 | 69,221 | 40,258 | |
| other long term liabilities | -30,984 | 432,038 | ||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -590 | -10,156 | 10,746 | |
| overdraft | ||||
| change in cash | -590 | -10,156 | 10,746 |
united contract scaffolding ltd Credit Report and Business Information
United Contract Scaffolding Ltd Competitor Analysis
Perform a competitor analysis for united contract scaffolding ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EX1 area or any other competitors across 12 key performance metrics.
united contract scaffolding ltd Ownership
UNITED CONTRACT SCAFFOLDING LTD group structure
United Contract Scaffolding Ltd has no subsidiary companies.
Ultimate parent company
UNITED CONTRACT SCAFFOLDING LTD
10384684
united contract scaffolding ltd directors
United Contract Scaffolding Ltd currently has 1 director, Mr Michael Kendall serving since Sep 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Kendall | England | 55 years | Sep 2016 | - | Director |
P&L
September 2020turnover
833.6k
+47%
operating profit
61.7k
0%
gross margin
25%
-4.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
-167.3k
-0.23%
total assets
474.3k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
united contract scaffolding ltd company details
company number
10384684
Type
Private limited with Share Capital
industry
43991 - Scaffold erection
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2020
previous names
scaffolds by elite ltd (August 2020)
accountant
-
auditor
-
address
5 barnfield crescent, exeter, EX1 1QT
Bank
-
Legal Advisor
-
united contract scaffolding ltd 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 2 charges/mortgages relating to united contract scaffolding ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
united contract scaffolding ltd 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 UNITED CONTRACT SCAFFOLDING LTD. This can take several minutes, an email will notify you when this has completed.
united contract scaffolding ltd Companies House Filings - See Documents
| date | description | view/download |
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