innovative scaffold services limited
innovative scaffold services limited Company Information
Company Number
10529260
Next Accounts
Sep 2025
Shareholders
colin charles butt
michael carr
Group Structure
View All
Industry
Scaffold erection
Registered Address
international house flint road, saltney ferry, chester, CH4 0GZ
Website
-innovative scaffold services limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE SCAFFOLD SERVICES LIMITED at £12.9m based on a Turnover of £23.8m and 0.54x industry multiple (adjusted for size and gross margin).
innovative scaffold services limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE SCAFFOLD SERVICES LIMITED at £13.2m based on an EBITDA of £2.6m and a 5.14x industry multiple (adjusted for size and gross margin).
innovative scaffold services limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE SCAFFOLD SERVICES LIMITED at £12.6m based on Net Assets of £5.2m and 2.42x industry multiple (adjusted for liquidity).
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Innovative Scaffold Services Limited Overview
Innovative Scaffold Services Limited is a live company located in chester, CH4 0GZ with a Companies House number of 10529260. It operates in the scaffold erection sector, SIC Code 43991. Founded in December 2016, it's largest shareholder is colin charles butt with a 91% stake. Innovative Scaffold Services Limited is a young, large sized company, Pomanda has estimated its turnover at £23.8m with high growth in recent years.
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Innovative Scaffold Services Limited Health Check
Pomanda's financial health check has awarded Innovative Scaffold Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £23.8m, make it larger than the average company (£1.5m)
£23.8m - Innovative Scaffold Services Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8.9%)
23% - Innovative Scaffold Services Limited
8.9% - Industry AVG
Production
with a gross margin of 24.2%, this company has a higher cost of product (35.7%)
24.2% - Innovative Scaffold Services Limited
35.7% - Industry AVG
Profitability
an operating margin of 9.4% make it as profitable than the average company (10.4%)
9.4% - Innovative Scaffold Services Limited
10.4% - Industry AVG
Employees
with 189 employees, this is above the industry average (17)
189 - Innovative Scaffold Services Limited
17 - Industry AVG
Pay Structure
on an average salary of £82k, the company has a higher pay structure (£42.9k)
£82k - Innovative Scaffold Services Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £125.7k, this is more efficient (£109k)
£125.7k - Innovative Scaffold Services Limited
£109k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (63 days)
77 days - Innovative Scaffold Services Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (23 days)
17 days - Innovative Scaffold Services Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Innovative Scaffold Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (15 weeks)
38 weeks - Innovative Scaffold Services Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.8%, this is a lower level of debt than the average (52.1%)
44.8% - Innovative Scaffold Services Limited
52.1% - Industry AVG
INNOVATIVE SCAFFOLD SERVICES LIMITED financials
Innovative Scaffold Services Limited's latest turnover from December 2023 is £23.8 million and the company has net assets of £5.2 million. According to their latest financial statements, Innovative Scaffold Services Limited has 189 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 23,753,006 | 16,572,940 | 13,123,305 | 12,621,059 | 19,858,000 | 20,925,611 | 17,325,638 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 18,015,338 | 13,098,462 | 9,707,133 | 11,355,206 | 14,835,071 | 16,419,088 | 13,257,117 |
| Gross Profit | 5,737,668 | 3,474,478 | 3,416,172 | 1,265,853 | 5,022,929 | 4,506,523 | 4,068,521 |
| Admin Expenses | 3,504,111 | 2,394,068 | 2,974,421 | 2,311,941 | 4,686,715 | 3,827,980 | 3,486,278 |
| Operating Profit | 2,233,557 | 1,080,410 | 441,751 | -1,046,088 | 336,214 | 678,543 | 582,243 |
| Interest Payable | 201,655 | 141,396 | 91,880 | 25,922 | 27,000 | 57,967 | 11,515 |
| Interest Receivable | 19,687 | 2,670 | 195 | 1,020 | 1,000 | 373 | 2,322 |
| Pre-Tax Profit | 2,051,589 | 941,684 | 484,657 | -1,070,990 | 310,214 | 620,949 | 573,050 |
| Tax | 621,054 | 96,121 | 226,482 | 760 | 237,833 | 97,342 | 0 |
| Profit After Tax | 2,672,643 | 1,037,805 | 711,139 | -1,070,230 | 548,047 | 718,291 | 573,050 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,672,643 | 1,037,805 | 711,139 | -1,070,230 | 0 | 0 | 0 |
| Employee Costs | 15,488,552 | 11,985,202 | 12,663,312 | 11,217,973 | 13,603,458 | 13,404,018 | 12,020,956 |
| Number Of Employees | 189 | 190 | 239 | 242 | 268 | 296 | 278 |
| EBITDA* | 2,559,387 | 1,441,592 | 514,963 | -893,044 | 350,278 | 1,064,274 | 532,281 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 595,212 | 826,341 | 1,510,482 | 1,304,229 | 1,084,713 | 974,493 | 942,715 |
| Intangible Assets | 0 | 0 | 0 | -198,848 | -397,698 | -596,548 | -795,398 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 595,212 | 826,341 | 1,510,482 | 1,105,381 | 687,015 | 377,945 | 147,317 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,029,788 | 3,477,017 | 3,396,363 | 4,366,046 | 3,541,220 | 3,211,670 | 3,247,955 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,207,869 | 278,927 | 770,835 | 912,336 | 1,534,061 | 2,618,334 | 2,258,344 |
| Cash | 2,575,633 | 1,534,079 | 2,107,307 | 1,116,766 | 287,621 | 591,536 | 655,641 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,813,290 | 5,290,023 | 6,274,505 | 6,395,148 | 5,362,902 | 6,421,540 | 6,161,940 |
| total assets | 9,408,502 | 6,116,364 | 7,784,987 | 7,500,529 | 6,049,917 | 6,799,485 | 6,309,257 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 261,302 | 233,000 | 635,833 | 203,200 | 0 | 0 | 0 |
| Trade Creditors | 872,249 | 926,881 | 658,708 | 1,393,797 | 1,439,214 | 1,637,855 | 1,493,313 |
| Group/Directors Accounts | 128,946 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 255,000 | 500,000 | 0 | 0 | 469,269 | 268,969 | 203,984 |
| hp & lease commitments | 0 | 98,566 | 114,968 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,964,869 | 1,346,672 | 2,213,277 | 2,887,573 | 2,302,045 | 3,588,530 | 4,038,909 |
| total current liabilities | 3,482,366 | 3,105,119 | 3,622,786 | 4,484,570 | 4,210,528 | 5,495,354 | 5,736,206 |
| loans | 692,698 | 454,000 | 2,569,167 | 2,246,800 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 60,801 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 42,692 | 39,142 | 51,935 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 12,789 | 0 |
| total long term liabilities | 735,390 | 493,142 | 2,681,903 | 2,246,800 | 0 | 12,789 | 0 |
| total liabilities | 4,217,756 | 3,598,261 | 6,304,689 | 6,731,370 | 4,210,528 | 5,508,143 | 5,736,206 |
| net assets | 5,190,746 | 2,518,103 | 1,480,298 | 769,159 | 1,839,389 | 1,291,342 | 573,051 |
| total shareholders funds | 5,190,746 | 2,518,103 | 1,480,298 | 769,159 | 1,839,389 | 1,291,342 | 573,051 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 2,233,557 | 1,080,410 | 441,751 | -1,046,088 | 336,214 | 678,543 | 582,243 |
| Depreciation | 325,830 | 361,182 | 272,060 | 351,894 | 212,914 | 186,881 | 148,888 |
| Amortisation | 0 | 0 | -198,848 | -198,850 | -198,850 | 198,850 | -198,850 |
| Tax | 621,054 | 96,121 | 226,482 | 760 | 237,833 | 97,342 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,481,713 | -411,254 | -1,111,184 | 203,101 | -754,723 | 323,705 | 5,506,299 |
| Creditors | -54,632 | 268,173 | -735,089 | -45,417 | -198,641 | 144,542 | 1,493,313 |
| Accruals and Deferred Income | 621,747 | -879,398 | -622,361 | 585,528 | -1,286,485 | -450,379 | 4,038,909 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -12,789 | 12,789 | 0 |
| Cash flow from operations | 1,265,843 | 1,337,742 | 495,179 | -555,274 | -155,081 | 544,863 | 558,204 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -90,600 | -441,603 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -90,600 | -441,603 |
| Financing Activities | |||||||
| Bank loans | 28,302 | -402,833 | 432,633 | 203,200 | 0 | 0 | 0 |
| Group/Directors Accounts | 128,946 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -245,000 | 500,000 | 0 | -469,269 | 200,300 | 64,985 | 203,984 |
| Long term loans | 238,698 | -2,115,167 | 322,367 | 2,246,800 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -98,566 | -77,203 | 175,769 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -181,968 | -138,726 | -91,685 | -24,902 | -26,000 | -57,594 | -9,193 |
| cash flow from financing | -129,588 | -2,233,929 | 839,084 | 1,955,829 | 722,347 | 725,682 | 767,842 |
| cash and cash equivalents | |||||||
| cash | 1,041,554 | -573,228 | 990,541 | 829,145 | -303,915 | -64,105 | 655,641 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,041,554 | -573,228 | 990,541 | 829,145 | -303,915 | -64,105 | 655,641 |
innovative scaffold services limited Credit Report and Business Information
Innovative Scaffold Services Limited Competitor Analysis
Perform a competitor analysis for innovative scaffold services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in CH4 area or any other competitors across 12 key performance metrics.
innovative scaffold services limited Ownership
INNOVATIVE SCAFFOLD SERVICES LIMITED group structure
Innovative Scaffold Services Limited has 4 subsidiary companies.
Ultimate parent company
INNOVATIVE SCAFFOLD SERVICES LIMITED
10529260
4 subsidiaries
innovative scaffold services limited directors
Innovative Scaffold Services Limited currently has 3 directors. The longest serving directors include Mr Adam Butt (Dec 2016) and Mr Colin Butt (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Butt | England | 29 years | Dec 2016 | - | Director |
| Mr Colin Butt | United Kingdom | 81 years | Jan 2021 | - | Director |
| Mr Michael Carr | England | 60 years | Dec 2021 | - | Director |
P&L
December 2023turnover
23.8m
+43%
operating profit
2.2m
+107%
gross margin
24.2%
+15.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.2m
+1.06%
total assets
9.4m
+0.54%
cash
2.6m
+0.68%
net assets
Total assets minus all liabilities
innovative scaffold services limited company details
company number
10529260
Type
Private limited with Share Capital
industry
43991 - Scaffold erection
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DSG
address
international house flint road, saltney ferry, chester, CH4 0GZ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
innovative scaffold services 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 innovative scaffold services limited. Currently there are 3 open charges and 0 have been satisfied in the past.
innovative scaffold services 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 INNOVATIVE SCAFFOLD SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
innovative scaffold services limited Companies House Filings - See Documents
| date | description | view/download |
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