Pomanda estimates the enterprise value of SMITHYES 1 LTD at £441.1k based on a Turnover of £788.4k and 0.56x industry multiple (adjusted for size and gross margin).
smithyes 1 ltdEstimated Valuation
£290.8k
Pomanda estimates the enterprise value of SMITHYES 1 LTD at £290.8k based on an EBITDA of £71k and a 4.09x industry multiple (adjusted for size and gross margin).
smithyes 1 ltdEstimated Valuation
£689.4k
Pomanda estimates the enterprise value of SMITHYES 1 LTD at £689.4k based on Net Assets of £323.2k and 2.13x industry multiple (adjusted for liquidity).
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Smithyes 1 LtdOverview
Smithyes 1 Ltd is a live company located in london, EC4M 8AB with a Companies House number of 10588670. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2017, it's largest shareholder is
david william smithyes
with a 100% stake. Smithyes 1 Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£788.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Smithyes 1 Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £788.4k, make it smaller than the average company (£4m)
£788.4k - Smithyes 1 Ltd
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (7.9%)
-2% - Smithyes 1 Ltd
7.9% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
38.4% - Smithyes 1 Ltd
38.4% - Industry AVG
Profitability
an operating margin of 9% make it more profitable than the average company (5.6%)
9% - Smithyes 1 Ltd
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (24)
1 - Smithyes 1 Ltd
24 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
£49.8k - Smithyes 1 Ltd
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £788.4k, this is more efficient (£153.8k)
£788.4k - Smithyes 1 Ltd
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (39 days)
1 days - Smithyes 1 Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Smithyes 1 Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 998 days, this is more than average (29 days)
998 days - Smithyes 1 Ltd
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (24 weeks)
1 weeks - Smithyes 1 Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.3%, this is a higher level of debt than the average (60.4%)
80.3% - Smithyes 1 Ltd
60.4% - Industry AVG
SMITHYES 1 LTD financials
EXPORT
Smithyes 1 Ltd's latest turnover from January 2024 is estimated at £788.4 thousand and the company has net assets of £323.2 thousand. According to their latest financial statements, Smithyes 1 Ltd has 1 employee and maintains cash reserves of £43.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Turnover
788,383
1,970,010
1,087,737
845,565
10,598,578
7,193,596
10,150,071
Other Income Or Grants
Cost Of Sales
485,808
1,207,062
677,530
531,212
6,581,377
4,483,207
6,307,685
Gross Profit
302,575
762,948
410,206
314,353
4,017,200
2,710,390
3,842,386
Admin Expenses
231,558
691,833
336,762
242,313
3,974,053
2,666,409
3,819,926
Operating Profit
71,017
71,115
73,444
72,040
43,147
43,981
22,460
Interest Payable
Interest Receivable
4,029
3,190
152
25
Pre-Tax Profit
75,045
74,305
73,596
72,064
43,147
43,981
22,460
Tax
-18,761
-14,118
-13,983
-13,692
-8,198
-8,356
-4,267
Profit After Tax
56,284
60,187
59,613
58,372
34,949
35,625
18,193
Dividends Paid
Retained Profit
56,284
60,187
59,613
58,372
34,949
35,625
18,193
Employee Costs
49,849
47,412
45,074
42,667
3,251,175
40,821
3,016,767
Number Of Employees
1
1
1
1
77
1
78
EBITDA*
71,017
71,115
73,444
72,040
43,147
43,981
22,460
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
1,328,705
1,328,705
1,328,705
1,328,705
Trade Debtors
2,966
22,500
1,393,685
1,397,408
1,355,456
Group Debtors
Misc Debtors
262,363
170,980
152,711
107,222
Cash
43,835
109,636
72,633
49,090
misc current assets
total current assets
1,637,869
1,609,321
1,554,049
1,507,517
1,393,685
1,397,408
1,355,456
total assets
1,637,869
1,609,321
1,554,049
1,507,517
1,393,685
1,397,408
1,355,456
Bank overdraft
Bank loan
Trade Creditors
1,044
159
473
1,304,918
1,343,590
1,337,263
Group/Directors Accounts
1,255,306
1,287,052
1,291,599
1,306,145
other short term finances
hp & lease commitments
other current liabilities
58,295
55,329
55,538
53,759
total current liabilities
1,314,645
1,342,381
1,347,296
1,360,377
1,304,918
1,343,590
1,337,263
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,314,645
1,342,381
1,347,296
1,360,377
1,304,918
1,343,590
1,337,263
net assets
323,224
266,940
206,753
147,140
88,767
53,818
18,193
total shareholders funds
323,224
266,940
206,753
147,140
88,767
53,818
18,193
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Operating Activities
Operating Profit
71,017
71,115
73,444
72,040
43,147
43,981
22,460
Depreciation
Amortisation
Tax
-18,761
-14,118
-13,983
-13,692
-8,198
-8,356
-4,267
Stock
1,328,705
Debtors
94,349
18,269
22,989
-1,263,963
-3,723
41,952
1,355,456
Creditors
1,044
-159
-314
-1,304,445
-38,672
6,327
1,337,263
Accruals and Deferred Income
2,966
-209
1,779
53,759
Deferred Taxes & Provisions
Cash flow from operations
-38,083
38,360
37,937
-1,257,080
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-31,746
-4,547
-14,546
1,306,145
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
4,029
3,190
152
25
cash flow from financing
-27,717
-1,357
-14,394
1,306,171
cash and cash equivalents
cash
-65,801
37,003
23,543
49,090
overdraft
change in cash
-65,801
37,003
23,543
49,090
smithyes 1 ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for smithyes 1 ltd. Get real-time insights into smithyes 1 ltd's credit score, group structure and payment trends.
Perform a competitor analysis for smithyes 1 ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC4M area or any other competitors across 12 key performance metrics.
smithyes 1 ltd Ownership
SMITHYES 1 LTD group structure
Smithyes 1 Ltd has no subsidiary companies.
Ultimate parent company
SMITHYES 1 LTD
10588670
SMITHYES 1 LTD Shareholders
The sole shareholder of Smithyes 1 Ltd is David William Smithyes.
david william smithyes
100%
smithyes 1 ltd directors
Smithyes 1 Ltd currently has 1 director, Mr David Smithyes serving since Jan 2017.
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 smithyes 1 ltd.
smithyes 1 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.
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smithyes 1 ltdCompanies House Filings - See Documents
