Pomanda estimates the enterprise value of SWEET JOINERY LIMITED at £556.5k based on a Turnover of £1.6m and 0.36x industry multiple (adjusted for size and gross margin).
sweet joinery limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of SWEET JOINERY LIMITED at £2.3m based on an EBITDA of £589.2k and a 3.91x industry multiple (adjusted for size and gross margin).
sweet joinery limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of SWEET JOINERY LIMITED at £2.3m based on Net Assets of £1m and 2.24x industry multiple (adjusted for liquidity).
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Sweet Joinery LimitedOverview
Sweet Joinery Limited is a live company located in bristol, BS48 1JJ with a Companies House number of 11120219. It operates in the manufacture of other builders' carpentry and joinery sector, SIC Code 16230. Founded in December 2017, it's largest shareholder is
daniel sweet
with a 100% stake. Sweet Joinery Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.6m with
high
growth in recent years.
Pomanda's financial health check has awarded Sweet Joinery Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.1m)
£1.6m - Sweet Joinery Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (11.5%)
26% - Sweet Joinery Limited
11.5% - Industry AVG
Production
with a gross margin of 27.7%, this company has a comparable cost of product (27.7%)
27.7% - Sweet Joinery Limited
27.7% - Industry AVG
Profitability
an operating margin of 33.5% make it more profitable than the average company (6.6%)
33.5% - Sweet Joinery Limited
6.6% - Industry AVG
Employees
with 11 employees, this is below the industry average (16)
11 - Sweet Joinery Limited
16 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£34.1k)
£34.1k - Sweet Joinery Limited
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £141.2k, this is equally as efficient (£140.7k)
£141.2k - Sweet Joinery Limited
£140.7k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (51 days)
78 days - Sweet Joinery Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (36 days)
24 days - Sweet Joinery Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sweet Joinery Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 126 weeks, this is more cash available to meet short term requirements (25 weeks)
126 weeks - Sweet Joinery Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.3%, this is a lower level of debt than the average (59.4%)
20.3% - Sweet Joinery Limited
59.4% - Industry AVG
SWEET JOINERY LIMITED financials
EXPORT
Sweet Joinery Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £1 million. According to their latest financial statements, Sweet Joinery Limited has 11 employees and maintains cash reserves of £478.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Turnover
1,552,894
763,795
1,212,840
777,136
362,639
448,325
Other Income Or Grants
Cost Of Sales
1,122,541
556,388
888,190
556,337
259,740
319,939
Gross Profit
430,354
207,407
324,650
220,798
102,898
128,386
Admin Expenses
-90,383
-66,721
12,680
183,307
53,948
38,838
Operating Profit
520,737
274,128
311,970
37,491
48,950
89,548
Interest Payable
2,297
4,655
1,688
Interest Receivable
22,622
13,322
1,622
151
73
125
Pre-Tax Profit
541,063
282,795
311,905
37,642
49,023
89,673
Tax
-135,266
-53,731
-59,262
-7,152
-9,314
-17,038
Profit After Tax
405,797
229,064
252,643
30,490
39,709
72,635
Dividends Paid
Retained Profit
405,797
229,064
252,643
30,490
39,709
72,635
Employee Costs
375,093
332,652
366,084
301,557
102,390
203,275
Number Of Employees
11
10
11
10
3
6
EBITDA*
589,225
297,450
333,989
58,499
62,871
93,448
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
263,316
324,155
85,991
81,736
68,571
17,582
Intangible Assets
11,375
13,475
15,575
17,675
19,775
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
274,691
337,630
101,566
99,411
88,346
17,582
Stock & work in progress
73,796
Trade Debtors
333,021
47,481
247,488
101,546
37,282
48,653
Group Debtors
Misc Debtors
206,833
113,555
25,640
13,856
105,678
71,987
Cash
478,111
383,683
243,225
189,388
113,295
33,228
misc current assets
total current assets
1,017,965
544,719
516,353
378,586
256,255
153,868
total assets
1,292,656
882,349
617,919
477,997
344,601
171,450
Bank overdraft
10,000
10,000
Bank loan
Trade Creditors
75,293
109,701
89,231
83,756
65,542
24,682
Group/Directors Accounts
5,646
230
other short term finances
hp & lease commitments
4,480
12,984
12,328
other current liabilities
121,463
33,048
54,735
218,350
123,996
74,113
total current liabilities
196,756
152,749
164,092
315,320
201,866
98,795
loans
30,833
40,000
hp & lease commitments
4,480
17,465
Accruals and Deferred Income
other liabilities
provisions
65,542
74,206
18,330
15,343
12,906
total long term liabilities
65,542
105,039
58,330
19,823
30,371
total liabilities
262,298
257,788
222,422
335,143
232,237
98,795
net assets
1,030,358
624,561
395,497
142,854
112,364
72,655
total shareholders funds
1,030,358
624,561
395,497
142,854
112,364
72,655
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
520,737
274,128
311,970
37,491
48,950
89,548
Depreciation
66,388
21,222
19,919
18,908
12,696
3,900
Amortisation
2,100
2,100
2,100
2,100
1,225
Tax
-135,266
-53,731
-59,262
-7,152
-9,314
-17,038
Stock
-73,796
73,796
Debtors
378,818
-112,092
157,726
-27,558
22,320
120,640
Creditors
-34,408
20,470
5,475
18,214
40,860
24,682
Accruals and Deferred Income
88,415
-21,687
-163,615
94,354
49,883
74,113
Deferred Taxes & Provisions
-8,664
55,876
2,987
2,437
12,906
Cash flow from operations
120,484
410,470
35,644
120,114
134,886
54,565
Investing Activities
capital expenditure
-5,549
-259,386
-24,174
-32,073
-84,685
-21,482
Change in Investments
cash flow from investments
-5,549
-259,386
-24,174
-32,073
-84,685
-21,482
Financing Activities
Bank loans
Group/Directors Accounts
-5,646
5,416
230
Other Short Term Loans
Long term loans
-30,833
-9,167
40,000
Hire Purchase and Lease Commitments
-4,480
-12,984
-12,329
29,793
other long term liabilities
share issue
20
interest
20,325
8,667
-66
151
73
125
cash flow from financing
-10,508
-10,626
32,366
-11,948
29,866
145
cash and cash equivalents
cash
94,428
140,458
53,837
76,093
80,067
33,228
overdraft
-10,000
10,000
change in cash
104,428
140,458
43,837
76,093
80,067
33,228
sweet joinery limited 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 sweet joinery limited. Get real-time insights into sweet joinery limited's credit score, group structure and payment trends.
Perform a competitor analysis for sweet joinery limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BS48 area or any other competitors across 12 key performance metrics.
sweet joinery limited Ownership
SWEET JOINERY LIMITED group structure
Sweet Joinery Limited has no subsidiary companies.
Ultimate parent company
SWEET JOINERY LIMITED
11120219
SWEET JOINERY LIMITED Shareholders
The sole shareholder of Sweet Joinery Limited is Daniel Sweet.
daniel sweet
100%
sweet joinery limited directors
Sweet Joinery Limited currently has 1 director, Mr Daniel Sweet serving since Dec 2017.
16230 - Manufacture of other builders' carpentry and joinery
43290 - Other construction installation
43390 - Other building completion and finishing
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 9, southfield road trading estate, bristol, BS48 1JJ
Bank
-
Legal Advisor
-
sweet joinery 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 sweet joinery limited.
sweet joinery 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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sweet joinery limitedCompanies House Filings - See Documents
