steel fixing solution ltd

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steel fixing solution ltd Company Information

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Company Number

10702715

Registered Address

8 anchor lane, solihull, B91 2LA

Industry

Other business support service activities n.e.c.

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Mehdi Ahmati7 Years

Shareholders

mehdi ahmati 100%

steel fixing solution ltd Estimated Valuation

£130.4k

Pomanda estimates the enterprise value of STEEL FIXING SOLUTION LTD at £130.4k based on a Turnover of £320.3k and 0.41x industry multiple (adjusted for size and gross margin).

steel fixing solution ltd Estimated Valuation

£73.4k

Pomanda estimates the enterprise value of STEEL FIXING SOLUTION LTD at £73.4k based on an EBITDA of £23.6k and a 3.11x industry multiple (adjusted for size and gross margin).

steel fixing solution ltd Estimated Valuation

£56.3k

Pomanda estimates the enterprise value of STEEL FIXING SOLUTION LTD at £56.3k based on Net Assets of £21.9k and 2.57x industry multiple (adjusted for liquidity).

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Steel Fixing Solution Ltd Overview

Steel Fixing Solution Ltd is a live company located in solihull, B91 2LA with a Companies House number of 10702715. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2017, it's largest shareholder is mehdi ahmati with a 100% stake. Steel Fixing Solution Ltd is a young, micro sized company, Pomanda has estimated its turnover at £320.3k with rapid growth in recent years.

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Steel Fixing Solution Ltd Health Check

Pomanda's financial health check has awarded Steel Fixing Solution Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £320.3k, make it smaller than the average company (£3m)

£320.3k - Steel Fixing Solution Ltd

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4017%, show it is growing at a faster rate (4.1%)

4017% - Steel Fixing Solution Ltd

4.1% - Industry AVG

production

Production

with a gross margin of 17.3%, this company has a higher cost of product (38.3%)

17.3% - Steel Fixing Solution Ltd

38.3% - Industry AVG

profitability

Profitability

an operating margin of 7.4% make it as profitable than the average company (6.5%)

7.4% - Steel Fixing Solution Ltd

6.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (20)

2 - Steel Fixing Solution Ltd

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)

£43.6k - Steel Fixing Solution Ltd

£43.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £160.1k, this is more efficient (£137.6k)

£160.1k - Steel Fixing Solution Ltd

£137.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 122 days, this is later than average (40 days)

122 days - Steel Fixing Solution Ltd

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 129 days, this is slower than average (34 days)

129 days - Steel Fixing Solution Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Steel Fixing Solution Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Steel Fixing Solution Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.1%, this is a higher level of debt than the average (60.5%)

81.1% - Steel Fixing Solution Ltd

60.5% - Industry AVG

STEEL FIXING SOLUTION LTD financials

EXPORTms excel logo

Steel Fixing Solution Ltd's latest turnover from March 2023 is estimated at £320.3 thousand and the company has net assets of £21.9 thousand. According to their latest financial statements, Steel Fixing Solution Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover320,28338,346460504
Other Income Or Grants000000
Cost Of Sales264,73532,035389404
Gross Profit55,5486,31172101
Admin Expenses31,9632,938-50010
Operating Profit23,5853,3731221-11
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit23,5853,3731221-11
Tax-4,481-641-23000
Profit After Tax19,1042,732991-11
Dividends Paid000000
Retained Profit19,1042,732991-11
Employee Costs87,12041,60640,00039,552036,235
Number Of Employees211101
EBITDA*23,5853,3731221-11

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets8,1821,3120000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets8,1821,3120000
Stock & work in progress000000
Trade Debtors107,6728,422100101
Group Debtors000000
Misc Debtors000000
Cash000010
misc current assets000000
total current assets107,6728,422100111
total assets115,8549,734100111
Bank overdraft000000
Bank loan000000
Trade Creditors 93,9186,9020000
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities93,9186,9020000
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities93,9186,9020000
net assets21,9362,832100111
total shareholders funds21,9362,832100111
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit23,5853,3731221-11
Depreciation000000
Amortisation000000
Tax-4,481-641-23000
Stock000000
Debtors99,2508,322991-11
Creditors87,0166,9020000
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations6,8701,3120000
Investing Activities
capital expenditure-6,870-1,3120000
Change in Investments000000
cash flow from investments-6,870-1,3120000
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000-110
interest000000
cash flow from financing000-110
cash and cash equivalents
cash000-110
overdraft000000
change in cash000-110

steel fixing solution ltd 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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Steel Fixing Solution Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for steel fixing solution ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B91 area or any other competitors across 12 key performance metrics.

steel fixing solution ltd Ownership

STEEL FIXING SOLUTION LTD group structure

Steel Fixing Solution Ltd has no subsidiary companies.

Ultimate parent company

STEEL FIXING SOLUTION LTD

10702715

STEEL FIXING SOLUTION LTD Shareholders

mehdi ahmati 100%

steel fixing solution ltd directors

Steel Fixing Solution Ltd currently has 1 director, Mr Mehdi Ahmati serving since Mar 2017.

officercountryagestartendrole
Mr Mehdi AhmatiEngland35 years Mar 2017- Director

P&L

March 2023

turnover

320.3k

+735%

operating profit

23.6k

0%

gross margin

17.4%

+5.38%

turnover

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

Balance Sheet

March 2023

net assets

21.9k

+6.75%

total assets

115.9k

+10.9%

cash

0

0%

net assets

Total assets minus all liabilities

steel fixing solution ltd company details

company number

10702715

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

March 2017

age

7

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

8 anchor lane, solihull, B91 2LA

accountant

-

auditor

-

steel fixing solution 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 did not find charges/mortgages relating to steel fixing solution ltd.

charges

steel fixing solution ltd Companies House Filings - See Documents

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