eclipse house sandown road, watford, herts, WD24 7AE
Website
-
sk metals ltdEstimated Valuation
£154k
Pomanda estimates the enterprise value of SK METALS LTD at £154k based on a Turnover of £977.6k and 0.16x industry multiple (adjusted for size and gross margin).
sk metals ltdEstimated Valuation
£44k
Pomanda estimates the enterprise value of SK METALS LTD at £44k based on an EBITDA of £20.1k and a 2.19x industry multiple (adjusted for size and gross margin).
sk metals ltdEstimated Valuation
£24.9k
Pomanda estimates the enterprise value of SK METALS LTD at £24.9k based on Net Assets of £16.3k and 1.53x industry multiple (adjusted for liquidity).
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Sk Metals LtdOverview
Sk Metals Ltd is a live company located in herts, WD24 7AE with a Companies House number of 12841744. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in August 2020, it's largest shareholder is
spencer feldman
with a 50% stake. Sk Metals Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£977.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Sk Metals Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £977.6k, make it smaller than the average company (£19.8m)
£977.6k - Sk Metals Ltd
£19.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Sk Metals Ltd
- - Industry AVG
Production
with a gross margin of 5.9%, this company has a higher cost of product (15.6%)
5.9% - Sk Metals Ltd
15.6% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (3.3%)
2.1% - Sk Metals Ltd
3.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (31)
3 - Sk Metals Ltd
31 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
£41k - Sk Metals Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £325.9k, this is less efficient (£628.3k)
£325.9k - Sk Metals Ltd
£628.3k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (75 days)
101 days - Sk Metals Ltd
75 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (61 days)
114 days - Sk Metals Ltd
61 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sk Metals Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sk Metals Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.7%, this is a higher level of debt than the average (64.7%)
94.7% - Sk Metals Ltd
64.7% - Industry AVG
SK METALS LTD financials
EXPORT
Sk Metals Ltd's latest turnover from August 2021 is estimated at £977.6 thousand and the company has net assets of £16.3 thousand. According to their latest financial statements, Sk Metals Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2021
Turnover
977,615
Other Income Or Grants
Cost Of Sales
920,102
Gross Profit
57,513
Admin Expenses
37,409
Operating Profit
20,104
Interest Payable
Interest Receivable
Pre-Tax Profit
20,104
Tax
-3,820
Profit After Tax
16,284
Dividends Paid
Retained Profit
16,284
Employee Costs
122,983
Number Of Employees
3
EBITDA*
20,104
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2021
Tangible Assets
33,488
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
33,488
Stock & work in progress
Trade Debtors
271,496
Group Debtors
Misc Debtors
1,683
Cash
misc current assets
total current assets
273,179
total assets
306,667
Bank overdraft
Bank loan
Trade Creditors
287,883
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
287,883
loans
hp & lease commitments
Accruals and Deferred Income
2,500
other liabilities
provisions
total long term liabilities
2,500
total liabilities
290,383
net assets
16,284
total shareholders funds
16,284
Aug 2021
Operating Activities
Operating Profit
20,104
Depreciation
Amortisation
Tax
-3,820
Stock
Debtors
273,179
Creditors
287,883
Accruals and Deferred Income
2,500
Deferred Taxes & Provisions
Cash flow from operations
33,488
Investing Activities
capital expenditure
-33,488
Change in Investments
cash flow from investments
-33,488
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
sk metals 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 sk metals ltd. Get real-time insights into sk metals ltd's credit score, group structure and payment trends.
Perform a competitor analysis for sk metals ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WD24 area or any other competitors across 12 key performance metrics.
sk metals ltd Ownership
SK METALS LTD group structure
Sk Metals Ltd has no subsidiary companies.
Ultimate parent company
SK METALS LTD
12841744
SK METALS LTD Shareholders
The largest shareholders in Sk Metals Ltd include Spencer Feldman and Kane Zachary Granger.
spencer feldman
50%
kane zachary granger
50%
sk metals ltd directors
Sk Metals Ltd currently has 1 director, Mr Spencer Feldman serving since Aug 2020.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2021
net assets
16.3k
0%
total assets
306.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
sk metals ltd company details
company number
12841744
Type
Private limited with Share Capital
industry
46720 - Wholesale of metals and metal ores
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
August 2021
previous names
N/A
accountant
-
auditor
-
address
eclipse house sandown road, watford, herts, WD24 7AE
Bank
-
Legal Advisor
-
sk metals 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 sk metals ltd.
sk metals 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.
Click to start generating capital raising & share issue transactions for SK METALS LTD. This can take several minutes, an email will notify you when this has completed.
sk metals ltdCompanies House Filings - See Documents
