scottish football association limited (the)

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scottish football association limited (the) Company Information

Share SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE)

Company Number

SC005453

Shareholders

-

Group Structure

View All

Industry

Other sports activities (not including activities of racehorse owners) n.e.c.

 

Registered Address

hampden park, glasgow, G42 9AY

scottish football association limited (the) Estimated Valuation

£88.5m

Pomanda estimates the enterprise value of SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE) at £88.5m based on a Turnover of £46.5m and 1.9x industry multiple (adjusted for size and gross margin).

scottish football association limited (the) Estimated Valuation

£14.6m

Pomanda estimates the enterprise value of SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE) at £14.6m based on an EBITDA of £2m and a 7.39x industry multiple (adjusted for size and gross margin).

scottish football association limited (the) Estimated Valuation

£20.8m

Pomanda estimates the enterprise value of SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE) at £20.8m based on Net Assets of £11.1m and 1.87x industry multiple (adjusted for liquidity).

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Scottish Football Association Limited (the) Overview

Scottish Football Association Limited (the) is a live company located in glasgow, G42 9AY with a Companies House number of SC005453. It operates in the other sports activities sector, SIC Code 93199. Founded in September 1903, it's largest shareholder is unknown. Scottish Football Association Limited (the) is a mature, large sized company, Pomanda has estimated its turnover at £46.5m with high growth in recent years.

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Scottish Football Association Limited (the) Health Check

Pomanda's financial health check has awarded Scottish Football Association Limited (The) a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

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Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £46.5m, make it larger than the average company (£621.3k)

£46.5m - Scottish Football Association Limited (the)

£621.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.9%)

19% - Scottish Football Association Limited (the)

8.9% - Industry AVG

production

Production

with a gross margin of 48.6%, this company has a comparable cost of product (41%)

48.6% - Scottish Football Association Limited (the)

41% - Industry AVG

profitability

Profitability

an operating margin of 2.9% make it more profitable than the average company (1.5%)

2.9% - Scottish Football Association Limited (the)

1.5% - Industry AVG

employees

Employees

with 176 employees, this is above the industry average (15)

176 - Scottish Football Association Limited (the)

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £59.4k, the company has a higher pay structure (£28.9k)

£59.4k - Scottish Football Association Limited (the)

£28.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £264.3k, this is more efficient (£69.3k)

£264.3k - Scottish Football Association Limited (the)

£69.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is later than average (16 days)

26 days - Scottish Football Association Limited (the)

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is close to average (30 days)

29 days - Scottish Football Association Limited (the)

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Scottish Football Association Limited (the)

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 36 weeks, this is less cash available to meet short term requirements (65 weeks)

36 weeks - Scottish Football Association Limited (the)

65 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (39.2%)

75.1% - Scottish Football Association Limited (the)

39.2% - Industry AVG

SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE) financials

EXPORTms excel logo

Scottish Football Association Limited (The)'s latest turnover from December 2023 is £46.5 million and the company has net assets of £11.1 million. According to their latest financial statements, Scottish Football Association Limited (The) has 176 employees and maintains cash reserves of £16.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover46,523,93641,413,90948,056,68627,743,23837,963,31537,519,53038,472,90935,803,82932,722,82137,130,23932,915,26433,268,61132,385,67527,923,31828,688,874
Other Income Or Grants
Cost Of Sales23,904,95821,080,74728,812,53813,307,85521,355,23019,632,89619,302,42319,169,77216,612,12819,634,52217,484,78817,772,03317,234,13414,403,69614,780,094
Gross Profit22,618,97820,333,16219,244,14814,435,38316,608,08517,886,63419,170,48616,634,05716,110,69317,495,71715,430,47615,496,57815,151,54113,519,62213,908,780
Admin Expenses21,271,33618,872,16616,482,32715,929,57917,877,15118,404,82919,193,81016,593,42115,138,47218,779,76415,444,03315,282,25215,305,84713,398,70813,514,291
Operating Profit1,347,6421,460,9962,761,821-1,494,196-1,269,066-518,195-23,32440,636972,221-1,284,047-13,557214,326-154,306120,914394,489
Interest Payable772,000845,000827,000912,000850,000860,000941,000950,000859,000
Interest Receivable415,33529,2378,259171,891152,394816,9231,027,280948,091995,4121,135,047987,3601,201,9381,051,315998,377
Pre-Tax Profit2,051,108985,1153,203,086-1,199,297-360,496-531,250401,925710,8361,098,590-1,057,673554,673698,614278,003504,406786,881
Tax-520,818-94,568-710,543126,46636,68775,58343,604-85,32799,392-47,643-221,199-90,459-134,695-193,203-212,875
Profit After Tax1,530,290890,5472,492,543-1,072,831-323,809-455,667445,529625,5091,197,982-1,105,316333,474608,155143,308311,203574,006
Dividends Paid
Retained Profit1,530,290890,5472,492,543-1,072,831-323,809-455,667445,529625,5091,197,982-1,105,316333,474608,155143,308311,203574,006
Employee Costs10,453,7389,116,2179,456,48610,118,38810,126,9509,547,7039,024,5448,354,0687,864,2938,020,1827,726,4537,353,5326,243,6565,889,6285,846,691
Number Of Employees176166179187203196191183175177183178148141138
EBITDA*1,969,0581,943,9223,267,340-913,077539,3261,174,8351,680,6381,672,4332,606,556-306,513942,571666,360297,931606,129872,475

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets13,728,75812,364,93312,176,51212,421,9952,087,8263,214,1644,778,7513,865,7943,849,1765,429,4695,394,5563,264,6342,750,2903,887,2643,285,037
Intangible Assets
Investments & Other7,127,6725,299,9027,532,4926,839,0347,533,8915,413,9776,214,2813,902,3066,321,9424,798,9823,922,3223,151,1212,967,0432,131,5392,967,003
Debtors (Due After 1 year)237,384540,863973,5541,406,2421,838,9332,261,3242,096,8641,932,4041,571,710796,770
Total Fixed Assets20,856,43017,664,83519,709,00419,261,0299,621,7178,865,52511,533,8958,741,65411,577,36012,067,38411,578,2028,512,6197,649,7377,590,5137,048,810
Stock & work in progress38,78825,26328,68528,38531,43238,984
Trade Debtors3,365,2275,026,7484,754,8772,965,7092,432,0852,684,4712,993,5542,791,4732,244,3312,273,8905,318,6541,841,7402,295,3635,055,5437,240,787
Group Debtors682,571138,312385,819222,582126,458164,410252,273444,079344,814215,876222,99848,727
Misc Debtors3,447,6253,184,9514,575,8073,669,4824,086,6642,849,1282,150,5682,628,3451,747,4082,902,1952,990,7603,496,1653,486,7432,017,1162,242,762
Cash16,308,16220,733,70714,818,00027,627,14712,841,78414,491,05517,216,53516,258,02613,969,12416,188,36315,595,10213,662,4209,814,72011,818,6628,907,220
misc current assets
total current assets23,803,58529,083,71824,534,50334,523,70819,512,25420,217,74922,641,31522,153,35518,344,66121,580,32424,127,51419,049,05215,596,82618,891,32118,390,769
total assets44,660,01546,748,55344,243,50753,784,73729,133,97129,083,27434,175,21030,895,00929,922,02133,647,70835,705,71627,561,67123,246,56326,481,83425,439,579
Bank overdraft
Bank loan1,000,000
Trade Creditors 1,921,1792,862,3131,568,657918,7761,571,3611,248,4991,007,7871,684,389591,284433,205619,261840,666
Group/Directors Accounts213,5478,5738,57316,5892,59444,490
other short term finances392,711413,189410,428250,000
hp & lease commitments
other current liabilities20,608,66024,217,34316,503,31729,455,80017,141,38817,324,21420,202,85419,570,73817,361,57922,564,73223,851,45018,317,54215,902,35218,699,94317,402,062
total current liabilities23,136,09727,501,41819,490,97530,641,16518,712,74918,572,71321,213,23521,299,61717,952,86322,997,93724,470,71119,158,20815,902,35218,699,94317,402,062
loans7,402,3797,958,91211,936,82515,062,918
hp & lease commitments
Accruals and Deferred Income596,343774,469863,893952,95713,31760,577130,577
other liabilities1,000,0001,250,0001,500,000
provisions1,397,423621,2711,212,128388,244636,150451,657624,988295,244314,296435,688189,647100,448126,344113,18287,621
total long term liabilities10,396,14510,604,65215,512,84616,404,119636,150451,657624,988537,244314,296435,688189,647478,448800,661645,7591,620,198
total liabilities33,532,24238,106,07035,003,82147,045,28419,348,89919,024,37021,838,22321,836,86118,267,15923,433,62524,660,35819,636,65616,703,01319,345,70219,022,260
net assets11,127,7738,642,4839,239,6866,739,4539,785,07210,058,90412,336,9879,058,14811,654,86210,214,08311,045,3587,925,0156,543,5507,136,1326,417,319
total shareholders funds11,127,7738,642,4839,239,6866,739,4539,785,07210,058,90412,336,9879,058,14811,654,86210,214,08311,045,3587,925,0156,543,5507,136,1326,417,319
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,347,6421,460,9962,761,821-1,494,196-1,269,066-518,195-23,32440,636972,221-1,284,047-13,557214,326-154,306120,914394,489
Depreciation710,478572,351594,5831,211,3801,808,3921,693,0301,703,962966,394968,932977,534956,128452,034452,237485,215477,986
Amortisation-89,062-89,425-89,064-630,261665,403665,403
Tax-520,818-94,568-710,543126,46636,68775,58343,604-85,32799,392-47,643-221,199-90,459-134,695-193,203-212,875
Stock-38,78813,525-3,422300-3,047-7,55238,984
Debtors-854,588-1,366,4922,858,730212,566709,814-1,865-900,1931,094,656-1,488,099-3,562,8423,310,240-231,014-929,859-1,635,95010,280,319
Creditors-941,1341,293,656649,881-652,585322,862240,712-676,6021,093,105158,079-186,056-221,405840,666
Accruals and Deferred Income-3,786,8097,624,602-13,041,54713,267,369-182,826-2,878,640632,1162,209,159-5,203,153-1,286,7185,533,9082,401,873-2,844,8511,227,88117,532,639
Deferred Taxes & Provisions776,152-590,857823,884-247,906184,493-173,331329,744-19,052-121,392246,04189,199-25,89613,16225,56187,621
Cash flow from operations-1,648,96311,543,247-11,830,92711,354,176194,150-1,559,2762,912,7403,783,214-1,011,4031,981,9532,812,8344,023,558-1,738,5943,302,3187,999,541
Investing Activities
capital expenditure-60,588-184,486-122,755362,82294,880-248,473-147,081-222,378-163,746-215,801
Change in Investments1,827,770-2,232,590693,458-694,8572,119,914-800,3042,311,975-2,419,6361,522,960876,660771,201184,078835,504-835,4642,967,003
cash flow from investments-1,827,7702,232,590-693,458694,857-2,119,914739,716-2,496,4612,296,881-1,160,138-781,780-1,019,674-331,159-1,057,882671,718-3,182,804
Financing Activities
Bank loans-1,000,0001,000,000
Group/Directors Accounts204,974-8,01616,589-2,594-41,89644,490
Other Short Term Loans -20,4782,761160,428250,000
Long term loans-556,533-3,977,913-3,126,09315,062,918
Hire Purchase and Lease Commitments
other long term liabilities-250,000-250,0001,500,000
share issue955,000-1,487,7507,690-1,972,78849,977-1,822,4162,833,310-3,222,223242,797274,0412,786,869773,310-735,890407,6105,843,313
interest415,33529,2378,259171,891152,39444,923182,280121,09183,412285,047127,360260,938101,315139,377
cash flow from financing748,298-6,683,665-465,99113,364,978221,868-1,672,6162,836,337-2,995,453363,888357,4533,071,916900,670-474,952508,9255,982,690
cash and cash equivalents
cash-4,425,5455,915,707-12,809,14714,785,363-1,649,271-2,725,480958,5092,288,902-2,219,239593,2611,932,6823,847,700-2,003,9422,911,4428,907,220
overdraft
change in cash-4,425,5455,915,707-12,809,14714,785,363-1,649,271-2,725,480958,5092,288,902-2,219,239593,2611,932,6823,847,700-2,003,9422,911,4428,907,220

scottish football association limited (the) Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Scottish Football Association Limited (the) Competitor Analysis

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Perform a competitor analysis for scottish football association limited (the) by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other large companies, companies in G42 area or any other competitors across 12 key performance metrics.

scottish football association limited (the) Ownership

SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE) group structure

Scottish Football Association Limited (The) has 3 subsidiary companies.

Ultimate parent company

SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE)

SC005453

3 subsidiaries

SCOTTISH FOOTBALL ASSOCIATION LIMITED (THE) Shareholders

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scottish football association limited (the) directors

Scottish Football Association Limited (The) currently has 8 directors. The longest serving directors include Mr Michael Mulraney (Aug 2016) and Mr Ian Maxwell (May 2018).

officercountryagestartendrole
Mr Michael MulraneyUnited Kingdom56 years Aug 2016- Director
Mr Ian MaxwellScotland49 years May 2018- Director
Mr Malcolm KpedekpoScotland48 years Apr 2019- Director
Mr Lesley Gray62 years Aug 2020- Director
Mr Andrew McKinlay52 years Aug 2023- Director
Ms Alison McGregorScotland63 years Dec 2023- Director
Mr Neil Doncaster55 years Apr 2024- Director
Mr Thomas McKeown60 years Aug 2024- Director

P&L

December 2023

turnover

46.5m

+12%

operating profit

1.3m

-8%

gross margin

48.7%

-0.98%

turnover

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

Balance Sheet

December 2023

net assets

11.1m

+0.29%

total assets

44.7m

-0.04%

cash

16.3m

-0.21%

net assets

Total assets minus all liabilities

scottish football association limited (the) company details

company number

SC005453

Type

Private Ltd By Guarantee w/o Share Cap

industry

93199 - Other sports activities (not including activities of racehorse owners) n.e.c.

incorporation date

September 1903

age

122

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

BDO LLP

address

hampden park, glasgow, G42 9AY

Bank

BANK OF SCOTLAND

Legal Advisor

BURNESS PAULL LLP

scottish football association limited (the) 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 4 charges/mortgages relating to scottish football association limited (the). Currently there are 1 open charges and 3 have been satisfied in the past.

scottish football association limited (the) 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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scottish football association limited (the) Companies House Filings - See Documents

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