short richardson and forth limited

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short richardson and forth limited Company Information

Share SHORT RICHARDSON AND FORTH LIMITED

Company Number

10572065

Directors

Andrew Swan

Max Winthrop

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Shareholders

andrew swan

max daniel winthrop

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Group Structure

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Industry

Solicitors

 

Registered Address

7 st petersgate, stockport, SK1 1EB

short richardson and forth limited Estimated Valuation

£895.2k

Pomanda estimates the enterprise value of SHORT RICHARDSON AND FORTH LIMITED at £895.2k based on a Turnover of £1.6m and 0.55x industry multiple (adjusted for size and gross margin).

short richardson and forth limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of SHORT RICHARDSON AND FORTH LIMITED at £1.2m based on an EBITDA of £361.5k and a 3.36x industry multiple (adjusted for size and gross margin).

short richardson and forth limited Estimated Valuation

£976.7k

Pomanda estimates the enterprise value of SHORT RICHARDSON AND FORTH LIMITED at £976.7k based on Net Assets of £562.3k and 1.74x industry multiple (adjusted for liquidity).

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Short Richardson And Forth Limited Overview

Short Richardson And Forth Limited is a live company located in stockport, SK1 1EB with a Companies House number of 10572065. It operates in the solicitors sector, SIC Code 69102. Founded in January 2017, it's largest shareholder is andrew swan with a 33.3% stake. Short Richardson And Forth Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with low growth in recent years.

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Short Richardson And Forth Limited Health Check

Pomanda's financial health check has awarded Short Richardson And Forth Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £1.6m, make it larger than the average company (£1.2m)

£1.6m - Short Richardson And Forth Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.4%)

1% - Short Richardson And Forth Limited

6.4% - Industry AVG

production

Production

with a gross margin of 59.6%, this company has a comparable cost of product (59.6%)

59.6% - Short Richardson And Forth Limited

59.6% - Industry AVG

profitability

Profitability

an operating margin of 13.6% make it more profitable than the average company (9.5%)

13.6% - Short Richardson And Forth Limited

9.5% - Industry AVG

employees

Employees

with 30 employees, this is above the industry average (17)

30 - Short Richardson And Forth Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)

£33.2k - Short Richardson And Forth Limited

£33.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £54.2k, this is equally as efficient (£63.5k)

£54.2k - Short Richardson And Forth Limited

£63.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is near the average (68 days)

65 days - Short Richardson And Forth Limited

68 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (29 days)

48 days - Short Richardson And Forth Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Short Richardson And Forth Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (29 weeks)

11 weeks - Short Richardson And Forth Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.7%, this is a higher level of debt than the average (61.9%)

69.7% - Short Richardson And Forth Limited

61.9% - Industry AVG

SHORT RICHARDSON AND FORTH LIMITED financials

EXPORTms excel logo

Short Richardson And Forth Limited's latest turnover from April 2021 is estimated at £1.6 million and the company has net assets of £562.3 thousand. According to their latest financial statements, Short Richardson And Forth Limited has 30 employees and maintains cash reserves of £242.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Turnover1,624,9491,447,2111,093,0061,589,295
Other Income Or Grants
Cost Of Sales655,903628,597413,475446,285
Gross Profit969,046818,614679,5311,143,009
Admin Expenses748,598659,434723,264906,704
Operating Profit220,448159,180-43,733236,305
Interest Payable23,99026,51419,3002,906
Interest Receivable1523131
Pre-Tax Profit196,610132,698-63,030233,400
Tax-37,356-25,213-44,346
Profit After Tax159,254107,485-63,030189,054
Dividends Paid
Retained Profit159,254107,485-63,030189,054
Employee Costs996,954992,803548,070979,080
Number Of Employees30291630
EBITDA*361,485300,21094,935373,345

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Tangible Assets48,83218,65025,3793,501
Intangible Assets802,210935,9111,069,6121,203,314
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets851,042954,5611,094,9911,206,815
Stock & work in progress
Trade Debtors291,194225,354269,483298,880
Group Debtors
Misc Debtors471,711400,212444,513441,4573
Cash242,16161,780449308
misc current assets
total current assets1,005,066687,346714,445740,6453
total assets1,856,1081,641,9071,809,4361,947,4603
Bank overdraft251,552313,320302,56681,798
Bank loan4,273
Trade Creditors 87,38056,27270,13868,414
Group/Directors Accounts1,003,981
other short term finances
hp & lease commitments
other current liabilities798,120792,825957,865427,108
total current liabilities1,137,0521,162,4171,330,5691,585,574
loans148,14573,544179,8763,332
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions8,6482,9373,467
total long term liabilities156,79376,481183,3433,332
total liabilities1,293,8451,238,8981,513,9121,588,906
net assets562,263403,009295,524358,5543
total shareholders funds562,263403,009295,524358,5543
Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Operating Activities
Operating Profit220,448159,180-43,733236,305
Depreciation7,3367,3294,9663,339
Amortisation133,701133,701133,702133,701
Tax-37,356-25,213-44,346
Stock
Debtors137,339-88,430-26,341740,3343
Creditors31,108-13,8661,72468,414
Accruals and Deferred Income5,295-165,040530,757427,108
Deferred Taxes & Provisions5,711-5303,467
Cash flow from operations228,904183,991657,22484,187-3
Investing Activities
capital expenditure-37,518-600-26,844-1,343,855
Change in Investments
cash flow from investments-37,518-600-26,844-1,343,855
Financing Activities
Bank loans-4,2734,273
Group/Directors Accounts-1,003,9811,003,981
Other Short Term Loans
Long term loans74,601-106,332176,5443,332
Hire Purchase and Lease Commitments
other long term liabilities
share issue169,4973
interest-23,838-26,483-19,297-2,905
cash flow from financing50,763-132,815-851,0071,178,1783
cash and cash equivalents
cash180,38161,331141308
overdraft-61,76810,754220,76881,798
change in cash242,14950,577-220,627-81,490

short richardson and forth 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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Short Richardson And Forth Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for short richardson and forth limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SK1 area or any other competitors across 12 key performance metrics.

short richardson and forth limited Ownership

SHORT RICHARDSON AND FORTH LIMITED group structure

Short Richardson And Forth Limited has no subsidiary companies.

Ultimate parent company

SHORT RICHARDSON AND FORTH LIMITED

10572065

SHORT RICHARDSON AND FORTH LIMITED Shareholders

andrew swan 33.33%
max daniel winthrop 33.33%
timothy andrew berg 33.33%

short richardson and forth limited directors

Short Richardson And Forth Limited currently has 3 directors. The longest serving directors include Mr Andrew Swan (Jan 2017) and Mr Max Winthrop (Jan 2017).

officercountryagestartendrole
Mr Andrew Swan57 years Jan 2017- Director
Mr Max Winthrop68 years Jan 2017- Director
Mr Timothy Berg55 years Jan 2017- Director

P&L

April 2021

turnover

1.6m

+12%

operating profit

220.4k

0%

gross margin

59.7%

+5.43%

turnover

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

Balance Sheet

April 2021

net assets

562.3k

+0.4%

total assets

1.9m

+0.13%

cash

242.2k

+2.92%

net assets

Total assets minus all liabilities

short richardson and forth limited company details

company number

10572065

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2021

previous names

short richardson and forth solicitors limited (January 2023)

accountant

-

auditor

-

address

7 st petersgate, stockport, SK1 1EB

Bank

-

Legal Advisor

-

short richardson and forth 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 short richardson and forth limited.

short richardson and forth 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.

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short richardson and forth limited Companies House Filings - See Documents

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