servtec limited

servtec limited Company Information

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Company Number

SC237941

Industry

Extraction of crude petroleum

 

Shareholders

christine margaret muirhead

duncan john muirhead

Group Structure

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Contact

Registered Address

smallholm house hightae, lockerbie, dumfriesshire, DG11 1JY

servtec limited Estimated Valuation

£117.7k

Pomanda estimates the enterprise value of SERVTEC LIMITED at £117.7k based on a Turnover of £181.4k and 0.65x industry multiple (adjusted for size and gross margin).

servtec limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SERVTEC LIMITED at £0 based on an EBITDA of £0 and a 1.4x industry multiple (adjusted for size and gross margin).

servtec limited Estimated Valuation

£17.2k

Pomanda estimates the enterprise value of SERVTEC LIMITED at £17.2k based on Net Assets of £13.1k and 1.31x industry multiple (adjusted for liquidity).

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Servtec Limited Overview

Servtec Limited is a live company located in dumfriesshire, DG11 1JY with a Companies House number of SC237941. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in October 2002, it's largest shareholder is christine margaret muirhead with a 50% stake. Servtec Limited is a mature, micro sized company, Pomanda has estimated its turnover at £181.4k with healthy growth in recent years.

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Servtec Limited Health Check

Pomanda's financial health check has awarded Servtec Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £181.4k, make it smaller than the average company (£67.8m)

£181.4k - Servtec Limited

£67.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.4%)

11% - Servtec Limited

9.4% - Industry AVG

production

Production

with a gross margin of 19.2%, this company has a higher cost of product (50%)

19.2% - Servtec Limited

50% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Servtec Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (47)

1 - Servtec Limited

47 - Industry AVG

paystructure

Pay Structure

on an average salary of £131.4k, the company has an equivalent pay structure (£131.4k)

£131.4k - Servtec Limited

£131.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £181.4k, this is less efficient (£1.2m)

£181.4k - Servtec Limited

£1.2m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (22 days)

73 days - Servtec Limited

22 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 60 days, this is slower than average (31 days)

60 days - Servtec Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Servtec Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Servtec Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.8%, this is a similar level of debt than the average (69.3%)

64.8% - Servtec Limited

69.3% - Industry AVG

SERVTEC LIMITED financials

EXPORTms excel logo

Servtec Limited's latest turnover from October 2023 is estimated at £181.4 thousand and the company has net assets of £13.1 thousand. According to their latest financial statements, we estimate that Servtec Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover181,395207,246327,962133,446126,245356,356396,560146,633362,434265,603245,070231,058102,892165,8160
Other Income Or Grants000000000000000
Cost Of Sales146,647197,293444,392131,283120,967363,182443,464194,916399,393249,512221,868201,79087,633150,8170
Gross Profit34,7489,954-116,4292,1635,278-6,827-46,904-48,283-36,95916,09123,20229,26815,26014,9990
Admin Expenses34,74810,353-134,737-11,700-4,40816,240-31,058-27,464-42,71899,759-44,992-24,00920,620-21,054-2,982
Operating Profit0-39918,30813,8639,686-23,067-15,846-20,8195,759-83,66868,19453,277-5,36036,0532,982
Interest Payable000000000000000
Interest Receivable0411414524828113010919940044225519915765
Pre-Tax Profit01218,34813,9079,933-22,786-15,716-20,7105,958-83,26868,63653,532-5,16136,2103,047
Tax0-2-3,486-2,642-1,887000-1,1910-15,786-12,8480-10,139-853
Profit After Tax01014,86211,2658,046-22,786-15,716-20,7104,766-83,26852,85040,684-5,16126,0712,194
Dividends Paid000000000000000
Retained Profit01014,86211,2658,046-22,786-15,716-20,7104,766-83,26852,85040,684-5,16126,0712,194
Employee Costs131,352235,283243,920213,957238,444215,126190,424210,140128,94295,40183,65493,82284,65971,9070
Number Of Employees122222221111110
EBITDA*0-39918,53113,8639,686-23,067-15,694-20,3706,464-82,86368,90353,894-4,91836,3683,676

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets66866866800001526011,3061,5041,3041,265704767
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets66866866800001526011,3061,5041,3041,265704767
Stock & work in progress000000000000000
Trade Debtors36,55936,55904,92010027,72063,06559,15856,88557,68522,48133,1057,501
Group Debtors000000000000000
Misc Debtors000000000000000
Cash0036,55944,74744,85321,16853,88849,74337,47641,991117,90559,00442,93536,59526,110
misc current assets000000000000000
total current assets36,55936,55936,55949,66744,85421,16853,88877,463100,541101,149174,790116,68965,41669,70033,611
total assets37,22737,22737,22749,66744,85421,16853,88877,615101,142102,455176,294117,99366,68170,40434,378
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 24,12024,120000001,70062,87668,81459,34653,94243,31441,98832,174
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0024,12051,42257,87442,23452,16858,4490000000
total current liabilities24,12024,12024,12051,42257,87442,23452,16860,14962,87668,81459,34653,94243,31441,98832,174
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions0000000301202613002532531410
total long term liabilities0000000301202613002532531410
total liabilities24,12024,12024,12051,42257,87442,23452,16860,17962,99669,07559,64654,19543,56742,12932,174
net assets13,10713,10713,107-1,755-13,020-21,0661,72017,43638,14633,380116,64863,79823,11428,2752,204
total shareholders funds13,10713,10713,107-1,755-13,020-21,0661,72017,43638,14633,380116,64863,79823,11428,2752,204
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit0-39918,30813,8639,686-23,067-15,846-20,8195,759-83,66868,19453,277-5,36036,0532,982
Depreciation00223000152449705805709617442315694
Amortisation000000000000000
Tax0-2-3,486-2,642-1,887000-1,1910-15,786-12,8480-10,139-853
Stock000000000000000
Debtors036,559-4,9204,91910-27,720-35,3453,9072,273-80035,204-10,62425,6047,501
Creditors024,1200000-1,700-61,176-5,9389,4685,40410,6281,3269,81432,174
Accruals and Deferred Income0-24,120-27,302-6,45215,640-9,934-6,28158,4490000000
Deferred Taxes & Provisions000000-30-90-141-394701121410
Cash flow from operations0-36,960-7,337-15023,438-33,0014,01512,158-4,713-75,70759,36816,4707,14410,58027,496
Investing Activities
capital expenditure00-891000000-607-909-656-1,003-252-1,461
Change in Investments000000000000000
cash flow from investments00-891000000-607-909-656-1,003-252-1,461
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0-1000000000000010
interest0411414524828113010919940044225519915765
cash flow from financing0401414524828113010919940044225519915775
cash and cash equivalents
cash0-36,559-8,188-10623,685-32,7204,14512,267-4,515-75,91458,90116,0696,34010,48526,110
overdraft000000000000000
change in cash0-36,559-8,188-10623,685-32,7204,14512,267-4,515-75,91458,90116,0696,34010,48526,110

servtec limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Servtec Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for servtec limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other micro companies, companies in DG11 area or any other competitors across 12 key performance metrics.

servtec limited Ownership

SERVTEC LIMITED group structure

Servtec Limited has no subsidiary companies.

Ultimate parent company

SERVTEC LIMITED

SC237941

SERVTEC LIMITED Shareholders

christine margaret muirhead 50%
duncan john muirhead 50%

servtec limited directors

Servtec Limited currently has 2 directors. The longest serving directors include Mr Duncan Muirhead (Nov 2002) and Mrs Christine Muirhead (Sep 2013).

officercountryagestartendrole
Mr Duncan MuirheadScotland59 years Nov 2002- Director
Mrs Christine MuirheadScotland52 years Sep 2013- Director

P&L

October 2023

turnover

181.4k

-12%

operating profit

0

0%

gross margin

19.2%

+298.85%

turnover

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

Balance Sheet

October 2023

net assets

13.1k

0%

total assets

37.2k

0%

cash

0

0%

net assets

Total assets minus all liabilities

servtec limited company details

company number

SC237941

Type

Private limited with Share Capital

industry

06100 - Extraction of crude petroleum

incorporation date

October 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

smallholm house hightae, lockerbie, dumfriesshire, DG11 1JY

Bank

-

Legal Advisor

-

servtec 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 servtec limited.

servtec 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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servtec limited Companies House Filings - See Documents

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