saddle masters equestrian limited
saddle masters equestrian limited Company Information
Group Structure
View All
Industry
Manufacture of luggage, handbags and the like, saddlery and harness
+1Registered Address
west point, second floor, mucklow office park, halesowen, west midlands, B62 8DY
Website
saddlemasters.co.uksaddle masters equestrian limited Estimated Valuation
Pomanda estimates the enterprise value of SADDLE MASTERS EQUESTRIAN LIMITED at £26.7k based on a Turnover of £83k and 0.32x industry multiple (adjusted for size and gross margin).
saddle masters equestrian limited Estimated Valuation
Pomanda estimates the enterprise value of SADDLE MASTERS EQUESTRIAN LIMITED at £114.5k based on an EBITDA of £34.5k and a 3.32x industry multiple (adjusted for size and gross margin).
saddle masters equestrian limited Estimated Valuation
Pomanda estimates the enterprise value of SADDLE MASTERS EQUESTRIAN LIMITED at £2.2k based on Net Assets of £865 and 2.57x industry multiple (adjusted for liquidity).
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Saddle Masters Equestrian Limited Overview
Saddle Masters Equestrian Limited is a live company located in halesowen, B62 8DY with a Companies House number of 11659138. It operates in the manufacture of luggage, handbags and the like, saddlery and harness sector, SIC Code 15120. Founded in November 2018, it's largest shareholder is ian taft with a 100% stake. Saddle Masters Equestrian Limited is a young, micro sized company, Pomanda has estimated its turnover at £83k with rapid growth in recent years.
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Saddle Masters Equestrian Limited Health Check
Pomanda's financial health check has awarded Saddle Masters Equestrian Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £83k, make it smaller than the average company (£5m)
- Saddle Masters Equestrian Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of 85%, show it is growing at a faster rate (0.3%)
- Saddle Masters Equestrian Limited
0.3% - Industry AVG
Production
with a gross margin of 37.7%, this company has a comparable cost of product (37.7%)
- Saddle Masters Equestrian Limited
37.7% - Industry AVG
Profitability
an operating margin of 28.5% make it more profitable than the average company (7.9%)
- Saddle Masters Equestrian Limited
7.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (55)
1 - Saddle Masters Equestrian Limited
55 - Industry AVG
Pay Structure
on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)
- Saddle Masters Equestrian Limited
£22.1k - Industry AVG
Efficiency
resulting in sales per employee of £83k, this is equally as efficient (£97k)
- Saddle Masters Equestrian Limited
£97k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (35 days)
- Saddle Masters Equestrian Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 241 days, this is slower than average (43 days)
- Saddle Masters Equestrian Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 393 days, this is more than average (85 days)
- Saddle Masters Equestrian Limited
85 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (25 weeks)
5 weeks - Saddle Masters Equestrian Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (68%)
99.3% - Saddle Masters Equestrian Limited
68% - Industry AVG
SADDLE MASTERS EQUESTRIAN LIMITED financials
Saddle Masters Equestrian Limited's latest turnover from November 2022 is estimated at £83 thousand and the company has net assets of £865. According to their latest financial statements, Saddle Masters Equestrian Limited has 1 employee and maintains cash reserves of £6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Tangible Assets | 19,410 | 30,266 | 19,945 | 19,245 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 19,410 | 30,266 | 19,945 | 19,245 |
| Stock & work in progress | 55,792 | 33,034 | 25,717 | 4,742 |
| Trade Debtors | 259 | 458 | ||
| Group Debtors | ||||
| Misc Debtors | 44,951 | 8,118 | 5,518 | 308 |
| Cash | 6,049 | 6,619 | 3,774 | 2 |
| misc current assets | ||||
| total current assets | 107,051 | 47,771 | 35,467 | 5,052 |
| total assets | 126,461 | 78,037 | 55,412 | 24,297 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 34,174 | 7,499 | 3,440 | |
| Group/Directors Accounts | 63 | |||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 25,061 | 5,574 | 500 | |
| total current liabilities | 59,235 | 13,073 | 4,003 | |
| loans | 66,361 | 67,067 | 45,847 | 19,286 |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 11,487 | 4,011 | 4,011 | |
| provisions | ||||
| total long term liabilities | 66,361 | 78,554 | 49,858 | 23,297 |
| total liabilities | 125,596 | 91,627 | 53,861 | 23,297 |
| net assets | 865 | -13,590 | 1,551 | 1,000 |
| total shareholders funds | 865 | -13,590 | 1,551 | 1,000 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 10,856 | 1,679 | ||
| Amortisation | ||||
| Tax | ||||
| Stock | 22,758 | 7,317 | 20,975 | 4,742 |
| Debtors | 37,092 | 2,142 | 5,668 | 308 |
| Creditors | 26,675 | 4,059 | 3,440 | |
| Accruals and Deferred Income | 19,487 | 5,074 | 500 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -63 | 63 | ||
| Other Short Term Loans | ||||
| Long term loans | -706 | 21,220 | 26,561 | 19,286 |
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -11,487 | 7,476 | 4,011 | |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -570 | 2,845 | 3,772 | 2 |
| overdraft | ||||
| change in cash | -570 | 2,845 | 3,772 | 2 |
saddle masters equestrian limited Credit Report and Business Information
Saddle Masters Equestrian Limited Competitor Analysis
Perform a competitor analysis for saddle masters equestrian limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in B62 area or any other competitors across 12 key performance metrics.
saddle masters equestrian limited Ownership
SADDLE MASTERS EQUESTRIAN LIMITED group structure
Saddle Masters Equestrian Limited has no subsidiary companies.
Ultimate parent company
SADDLE MASTERS EQUESTRIAN LIMITED
11659138
saddle masters equestrian limited directors
Saddle Masters Equestrian Limited currently has 1 director, Mr Ian Taft serving since Nov 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Taft | United Kingdom | 62 years | Nov 2018 | - | Director |
P&L
November 2022turnover
83k
+41%
operating profit
23.7k
0%
gross margin
37.7%
-4.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
865
-1.06%
total assets
126.5k
+0.62%
cash
6k
-0.09%
net assets
Total assets minus all liabilities
saddle masters equestrian limited company details
company number
11659138
Type
Private limited with Share Capital
industry
15120 - Manufacture of luggage, handbags and the like, saddlery and harness
95230 - Repair of footwear and leather goods
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2022
previous names
N/A
accountant
HAMILTONS GROUP LIMITED
auditor
-
address
west point, second floor, mucklow office park, halesowen, west midlands, B62 8DY
Bank
-
Legal Advisor
-
saddle masters equestrian 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 saddle masters equestrian limited.
saddle masters equestrian 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 SADDLE MASTERS EQUESTRIAN LIMITED. This can take several minutes, an email will notify you when this has completed.
saddle masters equestrian limited Companies House Filings - See Documents
| date | description | view/download |
|---|
