jamieson and smith (shetland wool brokers) limited Company Information
Company Number
SC028516
Next Accounts
Sep 2025
Shareholders
curtis wool direct holdings limited
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
90 north road, lerwick, shetland, ZE1 0PQ
jamieson and smith (shetland wool brokers) limited Estimated Valuation
Pomanda estimates the enterprise value of JAMIESON AND SMITH (SHETLAND WOOL BROKERS) LIMITED at £228.5k based on a Turnover of £861.3k and 0.27x industry multiple (adjusted for size and gross margin).
jamieson and smith (shetland wool brokers) limited Estimated Valuation
Pomanda estimates the enterprise value of JAMIESON AND SMITH (SHETLAND WOOL BROKERS) LIMITED at £528.1k based on an EBITDA of £160.4k and a 3.29x industry multiple (adjusted for size and gross margin).
jamieson and smith (shetland wool brokers) limited Estimated Valuation
Pomanda estimates the enterprise value of JAMIESON AND SMITH (SHETLAND WOOL BROKERS) LIMITED at £3m based on Net Assets of £1.1m and 2.62x industry multiple (adjusted for liquidity).
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Jamieson And Smith (shetland Wool Brokers) Limited Overview
Jamieson And Smith (shetland Wool Brokers) Limited is a live company located in shetland, ZE1 0PQ with a Companies House number of SC028516. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in September 1951, it's largest shareholder is curtis wool direct holdings limited with a 100% stake. Jamieson And Smith (shetland Wool Brokers) Limited is a mature, small sized company, Pomanda has estimated its turnover at £861.3k with high growth in recent years.
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Jamieson And Smith (shetland Wool Brokers) Limited Health Check
Pomanda's financial health check has awarded Jamieson And Smith (Shetland Wool Brokers) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs


6 Strong

1 Regular

5 Weak

Size
annual sales of £861.3k, make it smaller than the average company (£16.1m)
- Jamieson And Smith (shetland Wool Brokers) Limited
£16.1m - Industry AVG

Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (6.3%)
- Jamieson And Smith (shetland Wool Brokers) Limited
6.3% - Industry AVG

Production
with a gross margin of 18.5%, this company has a higher cost of product (27.6%)
- Jamieson And Smith (shetland Wool Brokers) Limited
27.6% - Industry AVG

Profitability
an operating margin of 15.1% make it more profitable than the average company (5.1%)
- Jamieson And Smith (shetland Wool Brokers) Limited
5.1% - Industry AVG

Employees
with 10 employees, this is below the industry average (41)
10 - Jamieson And Smith (shetland Wool Brokers) Limited
41 - Industry AVG

Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Jamieson And Smith (shetland Wool Brokers) Limited
£44.5k - Industry AVG

Efficiency
resulting in sales per employee of £86.1k, this is less efficient (£376.5k)
- Jamieson And Smith (shetland Wool Brokers) Limited
£376.5k - Industry AVG

Debtor Days
it gets paid by customers after 1 days, this is earlier than average (51 days)
- Jamieson And Smith (shetland Wool Brokers) Limited
51 days - Industry AVG

Creditor Days
its suppliers are paid after 36 days, this is slower than average (31 days)
- Jamieson And Smith (shetland Wool Brokers) Limited
31 days - Industry AVG

Stock Days
it holds stock equivalent to 327 days, this is more than average (78 days)
- Jamieson And Smith (shetland Wool Brokers) Limited
78 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (14 weeks)
31 weeks - Jamieson And Smith (shetland Wool Brokers) Limited
14 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 11.1%, this is a lower level of debt than the average (47.3%)
11.1% - Jamieson And Smith (shetland Wool Brokers) Limited
47.3% - Industry AVG
JAMIESON AND SMITH (SHETLAND WOOL BROKERS) LIMITED financials

Jamieson And Smith (Shetland Wool Brokers) Limited's latest turnover from December 2023 is estimated at £861.3 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Jamieson And Smith (Shetland Wool Brokers) Limited has 10 employees and maintains cash reserves of £81.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 10 | 10 | 7 | 7 | 7 | 7 | 8 | 8 | 7 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 567,449 | 584,901 | 409,377 | 319,437 | 17,623 | 21,606 | 26,928 | 19,518 | 7,780 | 6,846 | 8,545 | 9,240 | 11,983 | 7,437 | 7,540 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 567,449 | 584,901 | 409,377 | 319,437 | 17,623 | 21,606 | 26,928 | 19,518 | 7,780 | 6,846 | 8,545 | 9,240 | 11,983 | 7,437 | 7,540 |
Stock & work in progress | 629,069 | 601,802 | 409,872 | 245,045 | 300,111 | 399,359 | 317,340 | 231,856 | 219,717 | 220,887 | 207,075 | 211,216 | 154,140 | 120,120 | 107,484 |
Trade Debtors | 4,482 | 251 | 3,820 | 1,581 | 858 | 161,722 | 75,837 | 66,645 | 9,045 | 14,088 | 8,019 | 18,229 | 64,583 | 112,316 | 36,251 |
Group Debtors | 87,513 | 90,487 | |||||||||||||
Misc Debtors | 4,615 | 4,573 | 9,546 | 22,141 | 44,972 | 28,187 | 19,249 | ||||||||
Cash | 81,179 | 34,959 | 155,635 | 217,748 | 415,476 | 104,617 | 176,503 | 159,031 | 206,742 | 272,297 | 247,976 | 150,113 | 74,792 | 28,359 | 68,329 |
misc current assets | |||||||||||||||
total current assets | 719,345 | 641,585 | 666,386 | 577,002 | 761,417 | 693,885 | 588,929 | 457,532 | 435,504 | 507,272 | 463,070 | 379,558 | 293,515 | 260,795 | 212,064 |
total assets | 1,286,794 | 1,226,486 | 1,075,763 | 896,439 | 779,040 | 715,491 | 615,857 | 477,050 | 443,284 | 514,118 | 471,615 | 388,798 | 305,498 | 268,232 | 219,604 |
Bank overdraft | 2,910 | 6,424 | 9,707 | 8,255 | 4,950 | 13,158 | 5,613 | ||||||||
Bank loan | |||||||||||||||
Trade Creditors | 69,308 | 41,806 | 51,572 | 26,770 | 50,776 | 95,296 | 78,307 | 115,034 | 132,583 | 232,908 | 205,557 | 142,591 | 112,965 | 103,576 | 79,615 |
Group/Directors Accounts | 40,744 | 41,379 | 50,878 | 48,552 | |||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 19,551 | 75,402 | 83,467 | 67,496 | 78,611 | 59,985 | 74,320 | ||||||||
total current liabilities | 132,513 | 165,011 | 195,624 | 151,073 | 134,337 | 168,439 | 158,240 | 115,034 | 132,583 | 232,908 | 205,557 | 142,591 | 112,965 | 103,576 | 79,615 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 10,047 | 16,883 | 883 | 883 | 1,152 | 1,655 | 2,382 | 690 | 1,052 | ||||||
total long term liabilities | 10,047 | 16,883 | 883 | 883 | 1,152 | 1,655 | 2,382 | 690 | 1,052 | ||||||
total liabilities | 142,560 | 181,894 | 196,507 | 151,956 | 135,489 | 170,094 | 160,622 | 115,724 | 133,635 | 232,908 | 205,557 | 142,591 | 112,965 | 103,576 | 79,615 |
net assets | 1,144,234 | 1,044,592 | 879,256 | 744,483 | 643,551 | 545,397 | 455,235 | 361,326 | 309,649 | 281,210 | 266,058 | 246,207 | 192,533 | 164,656 | 139,989 |
total shareholders funds | 1,144,234 | 1,044,592 | 879,256 | 744,483 | 643,551 | 545,397 | 455,235 | 361,326 | 309,649 | 281,210 | 266,058 | 246,207 | 192,533 | 164,656 | 139,989 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 30,102 | 17,742 | 2,483 | 3,053 | 3,983 | 5,322 | 5,763 | 3,814 | 1,688 | 1,699 | 2,547 | 2,743 | 2,451 | 1,654 | 1,422 |
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | 27,267 | 191,930 | 164,827 | -55,066 | -99,248 | 82,019 | 85,484 | 12,139 | -1,170 | 13,812 | -4,141 | 57,076 | 34,020 | 12,636 | 107,484 |
Debtors | 4,273 | -96,055 | -13,330 | 68,379 | -144,079 | 94,823 | 28,441 | 57,600 | -5,043 | 6,069 | -10,210 | -46,354 | -47,733 | 76,065 | 36,251 |
Creditors | 27,502 | -9,766 | 24,802 | -24,006 | -44,520 | 16,989 | -36,727 | -17,549 | -100,325 | 27,351 | 62,966 | 29,626 | 9,389 | 23,961 | 79,615 |
Accruals and Deferred Income | -55,851 | -8,065 | 15,971 | -11,115 | 18,626 | -14,335 | 74,320 | ||||||||
Deferred Taxes & Provisions | -6,836 | 16,000 | -269 | -503 | -727 | 1,692 | -362 | 1,052 | |||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -635 | -9,499 | 2,326 | 48,552 | |||||||||||
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 | 46,220 | -120,676 | -62,113 | -197,728 | 310,859 | -71,886 | 17,472 | -47,711 | -65,555 | 24,321 | 97,863 | 75,321 | 46,433 | -39,970 | 68,329 |
overdraft | -3,514 | -3,283 | 1,452 | 3,305 | -8,208 | 7,545 | 5,613 | ||||||||
change in cash | 49,734 | -117,393 | -63,565 | -201,033 | 319,067 | -79,431 | 11,859 | -47,711 | -65,555 | 24,321 | 97,863 | 75,321 | 46,433 | -39,970 | 68,329 |
jamieson and smith (shetland wool brokers) limited Credit Report and Business Information
Jamieson And Smith (shetland Wool Brokers) Limited Competitor Analysis

Perform a competitor analysis for jamieson and smith (shetland wool brokers) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in ZE1 area or any other competitors across 12 key performance metrics.
jamieson and smith (shetland wool brokers) limited Ownership
JAMIESON AND SMITH (SHETLAND WOOL BROKERS) LIMITED group structure
Jamieson And Smith (Shetland Wool Brokers) Limited has no subsidiary companies.
Ultimate parent company
NORTURA BA
#0076247
2 parents
JAMIESON AND SMITH (SHETLAND WOOL BROKERS) LIMITED
SC028516
jamieson and smith (shetland wool brokers) limited directors
Jamieson And Smith (Shetland Wool Brokers) Limited currently has 5 directors. The longest serving directors include Mr William Henry (Mar 2004) and Mr Daniel Isbecque (Jan 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr William Henry | 75 years | Mar 2004 | - | Director | |
Mr Daniel Isbecque | 60 years | Jan 2013 | - | Director | |
Mr Timothy Holgate | 58 years | Jan 2013 | - | Director | |
Mr Derek Goudie | 47 years | Oct 2017 | - | Director | |
Mrs Kirsty Ireland | 53 years | Sep 2021 | - | Director |
P&L
December 2023turnover
861.3k
+11%
operating profit
130.3k
0%
gross margin
18.5%
-2.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.1m
+0.1%
total assets
1.3m
+0.05%
cash
81.2k
+1.32%
net assets
Total assets minus all liabilities
jamieson and smith (shetland wool brokers) limited company details
company number
SC028516
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
September 1951
age
74
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
90 north road, lerwick, shetland, ZE1 0PQ
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
jamieson and smith (shetland wool brokers) 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 jamieson and smith (shetland wool brokers) limited.
jamieson and smith (shetland wool brokers) 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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jamieson and smith (shetland wool brokers) limited Companies House Filings - See Documents
date | description | view/download |
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