munro sawmills ltd.

Live MatureLargeHigh

munro sawmills ltd. Company Information

Share MUNRO SAWMILLS LTD.

Company Number

SC228923

Shareholders

h.d. blake

c.l. blake

View All

Group Structure

View All

Industry

Sawmilling and planing of wood

 

Registered Address

old evanton road, dingwall, ross-shire, IV15 9UN

munro sawmills ltd. Estimated Valuation

£6.8m

Pomanda estimates the enterprise value of MUNRO SAWMILLS LTD. at £6.8m based on a Turnover of £23.3m and 0.29x industry multiple (adjusted for size and gross margin).

munro sawmills ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of MUNRO SAWMILLS LTD. at £0 based on an EBITDA of £-254.9k and a 2.87x industry multiple (adjusted for size and gross margin).

munro sawmills ltd. Estimated Valuation

£7.5m

Pomanda estimates the enterprise value of MUNRO SAWMILLS LTD. at £7.5m based on Net Assets of £5.6m and 1.34x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Munro Sawmills Ltd. Overview

Munro Sawmills Ltd. is a live company located in ross-shire, IV15 9UN with a Companies House number of SC228923. It operates in the sawmilling and planing of wood sector, SIC Code 16100. Founded in March 2002, it's largest shareholder is h.d. blake with a 51.3% stake. Munro Sawmills Ltd. is a mature, large sized company, Pomanda has estimated its turnover at £23.3m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Munro Sawmills Ltd. Health Check

Pomanda's financial health check has awarded Munro Sawmills Ltd. a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £23.3m, make it in line with the average company (£21.7m)

£23.3m - Munro Sawmills Ltd.

£21.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (7.7%)

28% - Munro Sawmills Ltd.

7.7% - Industry AVG

production

Production

with a gross margin of 0.3%, this company has a higher cost of product (23.4%)

0.3% - Munro Sawmills Ltd.

23.4% - Industry AVG

profitability

Profitability

an operating margin of -2.4% make it less profitable than the average company (5.1%)

-2.4% - Munro Sawmills Ltd.

5.1% - Industry AVG

employees

Employees

with 50 employees, this is below the industry average (77)

50 - Munro Sawmills Ltd.

77 - Industry AVG

paystructure

Pay Structure

on an average salary of £34k, the company has an equivalent pay structure (£39.6k)

£34k - Munro Sawmills Ltd.

£39.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £465.4k, this is more efficient (£252.9k)

£465.4k - Munro Sawmills Ltd.

£252.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is later than average (44 days)

55 days - Munro Sawmills Ltd.

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (36 days)

48 days - Munro Sawmills Ltd.

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 7 days, this is less than average (68 days)

7 days - Munro Sawmills Ltd.

68 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (13 weeks)

7 weeks - Munro Sawmills Ltd.

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.6%, this is a similar level of debt than the average (41.6%)

41.6% - Munro Sawmills Ltd.

41.6% - Industry AVG

MUNRO SAWMILLS LTD. financials

EXPORTms excel logo

Munro Sawmills Ltd.'s latest turnover from December 2023 is £23.3 million and the company has net assets of £5.6 million. According to their latest financial statements, Munro Sawmills Ltd. has 50 employees and maintains cash reserves of £632.8 thousand 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
Turnover23,268,03620,990,64511,556,65511,013,5286,260,4106,230,4665,445,9655,077,4034,754,1985,965,2516,117,0667,922,0015,963,4584,317,9330
Other Income Or Grants000000000000000
Cost Of Sales23,189,29319,416,8069,966,8819,454,4364,965,8354,874,6014,183,4093,763,7813,565,6694,519,8794,644,5245,965,9454,451,5123,238,3110
Gross Profit78,7431,573,8391,589,7741,559,0921,294,5761,355,8661,262,5571,313,6221,188,5301,445,3721,472,5431,956,0551,511,9451,079,6220
Admin Expenses647,082421,386374,504388,614668,074463,3651,439,3421,211,0461,218,461390,2061,113,2771,595,545976,429617,190-919,709
Operating Profit-568,3391,152,4531,215,2701,170,478626,502892,501-176,785102,576-29,9311,055,166359,266360,510535,516462,432919,709
Interest Payable30,64211,0085,8645,600000006955,7998,58631,57856,58528,488
Interest Receivable026204332,6369192,1872,2135,0583,05849110110100
Pre-Tax Profit-598,9811,141,7071,209,4061,165,311629,138893,420-174,598104,789-24,8731,057,529353,957352,025504,039405,847891,221
Tax232,264-155,700-222,134-233,892-119,536-169,7500-20,9580-222,081-81,410-84,486-131,050-113,637-249,542
Profit After Tax-366,717986,007987,272931,419509,602723,670-174,59883,831-24,873835,448272,547267,539372,989292,210641,679
Dividends Paid126,000177,800139,600117,60000000000000
Retained Profit-623,484763,157847,672813,819509,602723,670-174,59883,831-24,873835,448272,547267,539372,989292,210641,679
Employee Costs1,700,4232,146,7851,918,4581,619,8231,582,7021,347,9051,601,4861,179,7771,059,299909,709932,7301,239,344993,986769,6300
Number Of Employees50545245484554403733354738300
EBITDA*-254,8631,336,5231,475,4711,434,997880,4781,141,26360,399230,44494,5211,165,091484,963530,346727,479669,9521,143,411

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,432,0873,763,5952,222,2342,071,6002,055,3311,607,6401,469,428643,386641,712481,158521,722618,5131,056,7191,110,9461,179,359
Intangible Assets9,00010,000000000000017,04518,96520,885
Investments & Other000000000000000
Debtors (Due After 1 year)000000000594,390494,3900000
Total Fixed Assets4,441,0873,773,5952,222,2342,071,6002,055,3311,607,6401,469,428643,386641,7121,075,5481,016,112618,5131,073,7641,129,9111,200,244
Stock & work in progress470,784492,323585,042326,004338,992484,510319,033399,532475,474377,145212,167365,706375,948299,899185,574
Trade Debtors3,506,8244,360,8731,830,6701,608,5471,393,8791,538,5151,037,1741,086,688961,4441,437,8481,589,9482,263,7931,517,7721,152,586953,273
Group Debtors000000000000000
Misc Debtors1,731,5881,297,154652,854651,131734,1170671,359680,519532,944000000
Cash632,8272,064,9501,714,9842,024,979558,784144,268100,712773,931996,2441,026,838196,279040,41000
misc current assets000000000000000
total current assets6,342,0238,215,3004,783,5504,610,6613,025,7723,033,8962,128,2782,940,6702,966,1062,841,8311,998,3942,629,4991,934,1301,452,4851,138,847
total assets10,783,11011,988,8957,005,7846,682,2615,081,1034,641,5363,597,7063,584,0563,607,8183,917,3793,014,5063,248,0123,007,8942,582,3962,339,091
Bank overdraft536,553439,0650000000021,377135,59142,780157,302126,489
Bank loan000000000000000
Trade Creditors 3,104,6993,423,487610,736858,773518,708544,522360,721497,302419,5941,163,9161,061,002762,860761,125449,702501,843
Group/Directors Accounts332,646507,739176,460195,08300000000053,57553,575
other short term finances000000000000000
hp & lease commitments15,42736,72596,031108,03800000000000
other current liabilities235,143504,154351,042607,804513,8290269,608247,328432,765000000
total current liabilities4,224,4684,911,1701,234,2691,769,6981,032,5371,024,443630,329744,630852,3591,163,9161,082,379898,451803,905660,579681,907
loans0000000000021,46764,338707,209750,080
hp & lease commitments015,42752,452147,98300000000000
Accruals and Deferred Income17,25231,80151,6350000003,09617,42871,187000
other liabilities0000129,4180289,7810000612,250633,25054,25020,654
provisions238,158234,548192,893137,717106,104097,82485,05684,92054,95554,73557,24082,00375,61627,026
total long term liabilities255,410281,776296,980285,700235,522313,651387,60585,05684,92058,05172,163762,144779,591837,075797,760
total liabilities4,479,8785,192,9461,531,2492,055,3981,268,0591,338,0941,017,934829,686937,2791,221,9671,154,5421,660,5951,583,4961,497,6541,479,667
net assets5,614,2076,237,6915,474,5354,626,8633,813,0443,303,4422,579,7722,754,3702,670,5392,695,4121,859,9641,587,4171,424,3981,084,742859,424
total shareholders funds5,614,2076,237,6915,474,5354,626,8633,813,0443,303,4422,579,7722,754,3702,670,5392,695,4121,859,9641,587,4171,424,3981,084,742859,424
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-568,3391,152,4531,215,2701,170,478626,502892,501-176,785102,576-29,9311,055,166359,266360,510535,516462,432919,709
Depreciation312,476272,014260,201264,519253,976248,762237,184127,868124,452109,925125,697168,631190,043205,600221,547
Amortisation1,000-87,9440000000001,2051,9201,9202,155
Tax232,264-155,700-222,134-233,892-119,536-169,7500-20,9580-222,081-81,410-84,486-131,050-113,637-249,542
Stock-21,539-92,719259,038-12,988-145,518165,477-80,499-75,94298,329164,978-153,539-10,24276,049114,325185,574
Debtors-419,6153,174,503223,846131,682589,481-170,018-58,674272,819-537,850-52,100-179,455746,021365,186199,313953,273
Creditors-318,7882,812,751-248,037340,065-25,814183,801-136,58177,708-744,322102,914298,1421,735311,423-52,141501,843
Accruals and Deferred Income-283,560133,278-205,12793,975513,829-269,60822,280-185,437429,669-14,332-53,75971,187000
Deferred Taxes & Provisions3,61041,65555,17631,613106,104-97,82412,76813629,965220-2,505-24,7636,38748,59027,026
Cash flow from operations-180,1831,086,723372,4651,548,064911,098792,42398,039-94,984249,354918,934978,425-241,760473,004239,126283,891
Investing Activities
capital expenditure0000-701,667-386,974-1,063,226-129,542-285,006-69,361-28,906285,415-135,816-137,187-1,423,946
Change in Investments000000000000000
cash flow from investments0000-701,667-386,974-1,063,226-129,542-285,006-69,361-28,906285,415-135,816-137,187-1,423,946
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-175,093331,279-18,623195,08300000000-53,575053,575
Other Short Term Loans 000000000000000
Long term loans0000000000-21,467-42,871-642,871-42,871750,080
Hire Purchase and Lease Commitments-36,725-96,331-107,538256,02100000000000
other long term liabilities000-129,418129,418-289,781289,781000-612,250-21,000579,00033,59620,654
share issue0-1000000000-104,520-33,333-66,892217,745
interest-30,642-10,746-5,864-5,1672,6369192,1872,2135,0582,363-5,308-8,485-31,477-56,585-28,488
cash flow from financing-242,460224,201-132,025316,519132,054-288,862291,9682,2135,0582,363-639,025-176,876-182,256-132,7521,013,566
cash and cash equivalents
cash-1,432,123349,966-309,9951,466,195414,51643,556-673,219-222,313-30,594830,559196,279-40,41040,41000
overdraft97,488439,0650000000-21,377-114,21492,811-114,52230,813126,489
change in cash-1,529,611-89,099-309,9951,466,195414,51643,556-673,219-222,313-30,594851,936310,493-133,221154,932-30,813-126,489

munro sawmills 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 munro sawmills ltd.. Get real-time insights into munro sawmills ltd.'s credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Munro Sawmills Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for munro sawmills ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in IV15 area or any other competitors across 12 key performance metrics.

munro sawmills ltd. Ownership

MUNRO SAWMILLS LTD. group structure

Munro Sawmills Ltd. has no subsidiary companies.

Ultimate parent company

MUNRO SAWMILLS LTD.

SC228923

MUNRO SAWMILLS LTD. Shareholders

h.d. blake 51.31%
c.l. blake 38.69%
e. blake 5%
p.g. blake 5%

munro sawmills ltd. directors

Munro Sawmills Ltd. currently has 4 directors. The longest serving directors include Mr Christopher Blake (Mar 2002) and Mr Henry Blake (Mar 2002).

officercountryagestartendrole
Mr Christopher Blake42 years Mar 2002- Director
Mr Henry Blake45 years Mar 2002- Director
Mr Philip Blake74 years Mar 2002- Director
Ms Edith Blake74 years Mar 2002- Director

P&L

December 2023

turnover

23.3m

+11%

operating profit

-568.3k

-149%

gross margin

0.4%

-95.49%

turnover

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

Balance Sheet

December 2023

net assets

5.6m

-0.1%

total assets

10.8m

-0.1%

cash

632.8k

-0.69%

net assets

Total assets minus all liabilities

munro sawmills ltd. company details

company number

SC228923

Type

Private limited with Share Capital

industry

16100 - Sawmilling and planing of wood

incorporation date

March 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Medium Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

C T

address

old evanton road, dingwall, ross-shire, IV15 9UN

Bank

CLYDESDALE BANK

Legal Advisor

-

munro sawmills 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 found 1 charges/mortgages relating to munro sawmills ltd.. Currently there are 1 open charges and 0 have been satisfied in the past.

munro sawmills 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 MUNRO SAWMILLS LTD.. This can take several minutes, an email will notify you when this has completed.

munro sawmills ltd. Companies House Filings - See Documents

datedescriptionview/download