soundtex partitions limited Company Information
Company Number
SC090918
Website
www.soundtex.co.ukRegistered Address
6th floor, gordon chambers, 90 mitchell street, glasgow, G1 3NQ
Industry
Joinery installation
Telephone
01236732749
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
hattin holdings ltd 100%
soundtex partitions limited Estimated Valuation
Pomanda estimates the enterprise value of SOUNDTEX PARTITIONS LIMITED at £1.9m based on a Turnover of £5.5m and 0.35x industry multiple (adjusted for size and gross margin).
soundtex partitions limited Estimated Valuation
Pomanda estimates the enterprise value of SOUNDTEX PARTITIONS LIMITED at £1.2m based on an EBITDA of £372.1k and a 3.22x industry multiple (adjusted for size and gross margin).
soundtex partitions limited Estimated Valuation
Pomanda estimates the enterprise value of SOUNDTEX PARTITIONS LIMITED at £3.3m based on Net Assets of £1.3m and 2.57x industry multiple (adjusted for liquidity).
Soundtex Partitions Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Soundtex Partitions Limited Overview
Soundtex Partitions Limited is a live company located in glasgow, G1 3NQ with a Companies House number of SC090918. It operates in the joinery installation sector, SIC Code 43320. Founded in December 1984, it's largest shareholder is hattin holdings ltd with a 100% stake. Soundtex Partitions Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.5m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Soundtex Partitions Limited Health Check
Pomanda's financial health check has awarded Soundtex Partitions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
1 Weak
Size
annual sales of £5.5m, make it larger than the average company (£342.2k)
- Soundtex Partitions Limited
£342.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.4%)
- Soundtex Partitions Limited
4.4% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)
- Soundtex Partitions Limited
23.3% - Industry AVG
Profitability
an operating margin of 6.2% make it as profitable than the average company (5.6%)
- Soundtex Partitions Limited
5.6% - Industry AVG
Employees
with 44 employees, this is above the industry average (3)
44 - Soundtex Partitions Limited
3 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
- Soundtex Partitions Limited
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £124.6k, this is equally as efficient (£117.3k)
- Soundtex Partitions Limited
£117.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Soundtex Partitions Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (39 days)
- Soundtex Partitions Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is more than average (17 days)
- Soundtex Partitions Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (27 weeks)
36 weeks - Soundtex Partitions Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.5%, this is a lower level of debt than the average (67.8%)
51.5% - Soundtex Partitions Limited
67.8% - Industry AVG
soundtex partitions limited Credit Report and Business Information
Soundtex Partitions Limited Competitor Analysis
Perform a competitor analysis for soundtex partitions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
soundtex partitions limited Ownership
SOUNDTEX PARTITIONS LIMITED group structure
Soundtex Partitions Limited has no subsidiary companies.
Ultimate parent company
SOUNDTEX PARTITIONS LIMITED
SC090918
soundtex partitions limited directors
Soundtex Partitions Limited currently has 2 directors. The longest serving directors include Mr William Anderson (Sep 2005) and Mrs Lesley Anderson (May 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr William Anderson | Scotland | 57 years | Sep 2005 | - | Director |
Mrs Lesley Anderson | Scotland | 55 years | May 2015 | - | Director |
SOUNDTEX PARTITIONS LIMITED financials
Soundtex Partitions Limited's latest turnover from December 2022 is estimated at £5.5 million and the company has net assets of £1.3 million. According to their latest financial statements, Soundtex Partitions Limited has 44 employees and maintains cash reserves of £918.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 2,546,860 | 6,132,565 | 2,554,799 | 4,953,809 | ||||||||||
Other Income Or Grants | 0 | |||||||||||||
Cost Of Sales | 3,354,289 | |||||||||||||
Gross Profit | 1,599,520 | |||||||||||||
Admin Expenses | 1,532,643 | |||||||||||||
Operating Profit | -20,712 | 97,072 | 81,686 | 66,877 | ||||||||||
Interest Payable | 0 | 0 | 56 | 1,008 | ||||||||||
Interest Receivable | 0 | 0 | 1 | 253 | ||||||||||
Pre-Tax Profit | -20,712 | 97,072 | 81,631 | 66,122 | ||||||||||
Tax | 0 | -23,021 | -15,169 | -19,222 | ||||||||||
Profit After Tax | -20,712 | 74,051 | 66,462 | 46,900 | ||||||||||
Dividends Paid | 20,000 | 20,000 | 60,000 | 50,000 | ||||||||||
Retained Profit | -40,712 | 54,051 | 6,462 | -3,100 | ||||||||||
Employee Costs | 227,137 | 251,634 | 171,718 | 1,096,555 | ||||||||||
Number Of Employees | 44 | 27 | 26 | 28 | 26 | 25 | 16 | 14 | 18 | 20 | 18 | 23 | ||
EBITDA* | -18,793 | 101,738 | 84,312 | 71,657 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 115,425 | 70,865 | 47,633 | 38,726 | 25,856 | 22,711 | 30,730 | 38,393 | 510 | 595 | 4,753 | 14,001 | 7,896 | 10,522 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 115,425 | 70,865 | 47,633 | 38,726 | 25,856 | 22,711 | 30,730 | 38,393 | 510 | 595 | 4,753 | 14,001 | 7,896 | 10,522 |
Stock & work in progress | 330,519 | 489,500 | 627,934 | 303,615 | 379,911 | 199,251 | 73,513 | 57,827 | 126,731 | 249,382 | 273,179 | 813,286 | 248,007 | 113,922 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 962 | 0 | 0 | 12,220 |
Group Debtors | 982,302 | 501,200 | 749,961 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 189,293 | 240,289 | 136,367 | 0 |
Misc Debtors | 284,156 | 149,892 | 15,235 | 322,290 | 275,327 | 213,134 | 179,840 | 0 | 0 | 0 | 10,573 | 0 | 0 | 0 |
Cash | 918,185 | 615,487 | 55,426 | 281,770 | 326,536 | 781,931 | 1,098,663 | 923,996 | 427,294 | 0 | 17,395 | 21,321 | 48,146 | 516,868 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,515,162 | 1,756,079 | 1,448,556 | 907,675 | 981,774 | 1,194,316 | 1,352,016 | 981,823 | 554,025 | 249,382 | 491,402 | 1,074,896 | 432,520 | 643,010 |
total assets | 2,630,587 | 1,826,944 | 1,496,189 | 946,401 | 1,007,630 | 1,217,027 | 1,382,746 | 1,020,216 | 554,535 | 249,977 | 496,155 | 1,088,897 | 440,416 | 653,532 |
Bank overdraft | 10,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 803,955 | 410,721 | 526,622 | 351,568 | 460,406 | 658,890 | 306,938 | 299,778 | 415,469 | 249,554 | 170,681 | 180,467 | 82,067 | 157,710 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 111 | 0 | 0 | 5,171 | 90,680 | 5,171 | 148,185 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 19,421 | 24,193 | 21,274 | 11,470 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 522 |
other current liabilities | 464,276 | 325,732 | 497,787 | 188,109 | 270,293 | 290,836 | 534,163 | 390,868 | 0 | 0 | 87,905 | 544,640 | 134,120 | 131,874 |
total current liabilities | 1,297,652 | 765,646 | 1,045,683 | 551,147 | 730,699 | 949,726 | 841,101 | 690,757 | 415,469 | 249,554 | 263,757 | 815,787 | 221,358 | 438,291 |
loans | 25,000 | 40,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 11,378 | 23,319 | 2,095 | 8,803 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 20,001 | 14,765 | 0 | 7,419 | 3,874 | 3,185 | 4,584 | 0 | 0 | 0 | 0 | 0 | 0 | 2,645 |
total long term liabilities | 56,379 | 78,084 | 52,095 | 16,222 | 3,874 | 3,185 | 4,584 | 0 | 0 | 0 | 0 | 0 | 0 | 2,645 |
total liabilities | 1,354,031 | 843,730 | 1,097,778 | 567,369 | 734,573 | 952,911 | 845,685 | 690,757 | 415,469 | 249,554 | 263,757 | 815,787 | 221,358 | 440,936 |
net assets | 1,276,556 | 983,214 | 398,411 | 379,032 | 273,057 | 264,116 | 537,061 | 329,459 | 139,066 | 423 | 232,398 | 273,110 | 219,058 | 212,596 |
total shareholders funds | 1,276,556 | 983,214 | 398,411 | 379,032 | 273,057 | 264,116 | 537,061 | 329,459 | 139,066 | 423 | 232,398 | 273,110 | 219,058 | 212,596 |
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 | -20,712 | 97,072 | 81,686 | 66,877 | ||||||||||
Depreciation | 33,036 | 17,587 | 17,677 | 7,770 | 18,785 | 16,086 | 15,348 | 12,995 | 85 | 85 | 1,919 | 4,666 | 2,626 | 4,780 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | -23,021 | -15,169 | -19,222 | ||||||||||
Stock | -158,981 | -138,434 | 324,319 | -76,296 | 180,660 | 125,738 | 15,686 | -68,904 | -122,651 | -23,797 | -540,107 | 565,279 | 134,085 | 113,922 |
Debtors | 615,366 | -114,104 | 442,906 | 46,963 | 62,193 | 33,294 | 179,840 | 0 | 0 | -200,828 | -39,461 | 103,922 | 124,147 | 12,220 |
Creditors | 393,234 | -115,901 | 175,054 | -108,838 | -198,484 | 351,952 | 7,160 | -115,691 | 165,915 | 78,873 | -9,786 | 98,400 | -75,643 | 157,710 |
Accruals and Deferred Income | 138,544 | -172,055 | 309,678 | -82,184 | -20,543 | -243,327 | 143,295 | 390,868 | 0 | -87,905 | -456,735 | 410,520 | 2,246 | 131,874 |
Deferred Taxes & Provisions | 5,236 | 14,765 | -7,419 | 3,545 | 689 | -1,399 | 4,584 | 0 | 0 | 0 | 0 | 0 | -2,645 | 2,645 |
Cash flow from operations | 94,254 | -81,564 | -265,131 | 218,522 | ||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -111 | 111 | 0 | -5,171 | -85,509 | 85,509 | -143,014 | 148,185 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -15,000 | -10,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -16,713 | 24,143 | 3,096 | 20,273 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -522 | 522 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | 0 | -55 | -755 | ||||||||||
cash flow from financing | -85,509 | 85,510 | -143,591 | 363,648 | ||||||||||
cash and cash equivalents | ||||||||||||||
cash | 302,698 | 560,061 | -226,344 | -44,766 | -455,395 | -316,732 | 174,667 | 496,702 | 427,294 | -17,395 | -3,926 | -26,825 | -468,722 | 516,868 |
overdraft | 5,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 297,698 | 555,061 | -226,344 | -44,766 | -455,395 | -316,732 | 174,667 | 496,702 | 427,294 | -17,395 | -3,926 | -26,825 | -468,722 | 516,868 |
P&L
December 2022turnover
5.5m
+37%
operating profit
339.1k
0%
gross margin
23.4%
-5.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.3m
+0.3%
total assets
2.6m
+0.44%
cash
918.2k
+0.49%
net assets
Total assets minus all liabilities
Similar Companies
soundtex partitions limited company details
company number
SC090918
Type
Private limited with Share Capital
industry
43320 - Joinery installation
incorporation date
December 1984
age
40
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
6th floor, gordon chambers, 90 mitchell street, glasgow, G1 3NQ
last accounts submitted
December 2022
soundtex partitions 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 soundtex partitions limited.
soundtex partitions limited Companies House Filings - See Documents
date | description | view/download |
---|