Pomanda estimates the enterprise value of STEELCRAFT (NE) LIMITED at £682.8k based on a Turnover of £1.4m and 0.49x industry multiple (adjusted for size and gross margin).
steelcraft (ne) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of STEELCRAFT (NE) LIMITED at £0 based on an EBITDA of £-286.6k and a 3.61x industry multiple (adjusted for size and gross margin).
steelcraft (ne) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of STEELCRAFT (NE) LIMITED at £0 based on Net Assets of £-374.9k and 1.81x industry multiple (adjusted for liquidity).
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Steelcraft (ne) LimitedOverview
Steelcraft (ne) Limited is a live company located in tanfield lea, DH9 9XF with a Companies House number of 14236996. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in July 2022, it's largest shareholder is
jonathan irwin
with a 83.3% stake. Steelcraft (ne) Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£1.4m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Steelcraft (Ne) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£13.1m)
£1.4m - Steelcraft (ne) Limited
£13.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Steelcraft (ne) Limited
- - Industry AVG
Production
with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)
29.8% - Steelcraft (ne) Limited
29.8% - Industry AVG
Profitability
an operating margin of -21.7% make it less profitable than the average company (6.3%)
-21.7% - Steelcraft (ne) Limited
6.3% - Industry AVG
Employees
with 26 employees, this is below the industry average (79)
26 - Steelcraft (ne) Limited
79 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
£41.1k - Steelcraft (ne) Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £54k, this is less efficient (£155.4k)
£54k - Steelcraft (ne) Limited
£155.4k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (59 days)
16 days - Steelcraft (ne) Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (43 days)
77 days - Steelcraft (ne) Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (70 days)
10 days - Steelcraft (ne) Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Steelcraft (ne) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 190.1%, this is a higher level of debt than the average (45.1%)
190.1% - Steelcraft (ne) Limited
45.1% - Industry AVG
STEELCRAFT (NE) LIMITED financials
EXPORT
Steelcraft (Ne) Limited's latest turnover from February 2024 is estimated at £1.4 million and the company has net assets of -£374.9 thousand. According to their latest financial statements, Steelcraft (Ne) Limited has 26 employees and maintains cash reserves of £2.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Turnover
1,404,834
1,276,166
Other Income Or Grants
Cost Of Sales
986,675
905,195
Gross Profit
418,159
370,971
Admin Expenses
723,248
441,440
Operating Profit
-305,089
-70,469
Interest Payable
Interest Receivable
304
178
Pre-Tax Profit
-304,785
-70,291
Tax
Profit After Tax
-304,785
-70,291
Dividends Paid
Retained Profit
-304,785
-70,291
Employee Costs
1,069,085
1,165,887
Number Of Employees
26
30
EBITDA*
-286,626
-68,769
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Tangible Assets
149,224
56,914
Intangible Assets
8,418
9,418
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
157,642
66,332
Stock & work in progress
29,106
34,248
Trade Debtors
63,489
37,428
Group Debtors
5,112
Misc Debtors
157,984
201,431
Cash
2,707
8,889
misc current assets
total current assets
258,398
281,996
total assets
416,040
348,328
Bank overdraft
Bank loan
Trade Creditors
209,703
86,778
Group/Directors Accounts
426,674
256,992
other short term finances
hp & lease commitments
other current liabilities
107,364
74,699
total current liabilities
743,741
418,469
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
42,627
provisions
4,598
total long term liabilities
47,225
total liabilities
790,966
418,469
net assets
-374,926
-70,141
total shareholders funds
-374,926
-70,141
Feb 2024
Feb 2023
Operating Activities
Operating Profit
-305,089
-70,469
Depreciation
17,463
1,117
Amortisation
1,000
583
Tax
Stock
-5,142
34,248
Debtors
-12,274
238,859
Creditors
122,925
86,778
Accruals and Deferred Income
32,665
74,699
Deferred Taxes & Provisions
4,598
Cash flow from operations
-109,022
-180,399
Investing Activities
capital expenditure
-109,773
-68,032
Change in Investments
cash flow from investments
-109,773
-68,032
Financing Activities
Bank loans
Group/Directors Accounts
169,682
256,992
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
42,627
share issue
150
interest
304
178
cash flow from financing
212,613
257,320
cash and cash equivalents
cash
-6,182
8,889
overdraft
change in cash
-6,182
8,889
steelcraft (ne) 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 steelcraft (ne) limited. Get real-time insights into steelcraft (ne) limited's credit score, group structure and payment trends.
Perform a competitor analysis for steelcraft (ne) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in DH9 area or any other competitors across 12 key performance metrics.
steelcraft (ne) limited Ownership
STEELCRAFT (NE) LIMITED group structure
Steelcraft (Ne) Limited has no subsidiary companies.
Ultimate parent company
STEELCRAFT (NE) LIMITED
14236996
STEELCRAFT (NE) LIMITED Shareholders
The largest shareholders in Steelcraft (Ne) Limited include Jonathan Irwin and Matthew Woollam.
jonathan irwin
83.33%
matthew woollam
16.67%
steelcraft (ne) limited directors
Steelcraft (Ne) Limited currently has 3 directors.
The longest serving directors include
Mr Jonathan Irwin (Jul 2022) and
Mrs Louise Walker (Aug 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024
net assets
-374.9k
+4.35%
total assets
416k
+0.19%
cash
2.7k
-0.7%
net assets
Total assets minus all liabilities
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steelcraft (ne) limited company details
company number
14236996
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
July 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
unit 5 alderman wood road, tanfield south industrial estate, tanfield lea, county durham, DH9 9XF
Bank
-
Legal Advisor
-
steelcraft (ne) 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 found 1 charges/mortgages relating to steelcraft (ne) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
steelcraft (ne) 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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steelcraft (ne) limitedCompanies House Filings - See Documents
