i m smith limited
i m smith limited Company Information
Company Number
06804238
Website
-Registered Address
the old barn off wood street, swanley village, kent, BR8 7PA
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Ian Smith15 Years
Shareholders
ian smith 70%
connor smith 30%
i m smith limited Estimated Valuation
Pomanda estimates the enterprise value of I M SMITH LIMITED at £67.2k based on a Turnover of £219.6k and 0.31x industry multiple (adjusted for size and gross margin).
i m smith limited Estimated Valuation
Pomanda estimates the enterprise value of I M SMITH LIMITED at £584.5k based on an EBITDA of £156.6k and a 3.73x industry multiple (adjusted for size and gross margin).
i m smith limited Estimated Valuation
Pomanda estimates the enterprise value of I M SMITH LIMITED at £1.2m based on Net Assets of £638.3k and 1.94x industry multiple (adjusted for liquidity).
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I M Smith Limited AI Business Plan
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I M Smith Limited Overview
I M Smith Limited is a live company located in kent, BR8 7PA with a Companies House number of 06804238. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in January 2009, it's largest shareholder is ian smith with a 70% stake. I M Smith Limited is a established, micro sized company, Pomanda has estimated its turnover at £219.6k with declining growth in recent years.
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I M Smith Limited Health Check
Pomanda's financial health check has awarded I M Smith Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £219.6k, make it smaller than the average company (£4.6m)
- I M Smith Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (5.6%)
- I M Smith Limited
5.6% - Industry AVG
Production
with a gross margin of 24.6%, this company has a comparable cost of product (24.6%)
- I M Smith Limited
24.6% - Industry AVG
Profitability
an operating margin of 70.6% make it more profitable than the average company (5.5%)
- I M Smith Limited
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (26)
2 - I M Smith Limited
26 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- I M Smith Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £109.8k, this is less efficient (£176.4k)
- I M Smith Limited
£176.4k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (57 days)
- I M Smith Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (39 days)
- I M Smith Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- I M Smith Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (19 weeks)
30 weeks - I M Smith Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.7%, this is a lower level of debt than the average (61.8%)
35.7% - I M Smith Limited
61.8% - Industry AVG
i m smith limited Credit Report and Business Information
I M Smith Limited Competitor Analysis
Perform a competitor analysis for i m smith limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
i m smith limited Ownership
I M SMITH LIMITED group structure
I M Smith Limited has no subsidiary companies.
Ultimate parent company
I M SMITH LIMITED
06804238
i m smith limited directors
I M Smith Limited currently has 1 director, Mr Ian Smith serving since Jan 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Smith | United Kingdom | 50 years | Jan 2009 | - | Director |
I M SMITH LIMITED financials
I M Smith Limited's latest turnover from January 2023 is estimated at £219.6 thousand and the company has net assets of £638.3 thousand. According to their latest financial statements, I M Smith Limited has 2 employees and maintains cash reserves of £34.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 454,198 | |||||||||||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 333,007 | |||||||||||||
| Gross Profit | 121,191 | |||||||||||||
| Admin Expenses | 21,212 | |||||||||||||
| Operating Profit | 99,979 | |||||||||||||
| Interest Payable | 2,879 | |||||||||||||
| Interest Receivable | 58 | |||||||||||||
| Pre-Tax Profit | 97,158 | |||||||||||||
| Tax | -20,413 | |||||||||||||
| Profit After Tax | 76,745 | |||||||||||||
| Dividends Paid | 49,000 | |||||||||||||
| Retained Profit | 27,745 | |||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 1 | 1 | 1 | |||||||
| EBITDA* | 100,701 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,709 | 10,246 | 10,371 | 12,201 | 14,352 | 16,011 | 18,836 | 22,162 | 5,260 | 4,779 | 5,510 | 5,974 | 4,467 | 4,095 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 902,874 | 902,874 | 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 | 911,583 | 913,120 | 10,371 | 12,201 | 14,352 | 16,011 | 18,836 | 22,162 | 5,260 | 4,779 | 5,510 | 5,974 | 4,467 | 4,095 |
| Stock & work in progress | 0 | 2,877 | 731,823 | 708,558 | 1,101,108 | 1,090,008 | 688,008 | 624,008 | 447,856 | 160,000 | 228,000 | 220,000 | 46,000 | 0 |
| Trade Debtors | 47,105 | 21,233 | 6,580 | 0 | 20,000 | 30,000 | 17,300 | 28,461 | 16,015 | 15,000 | 13,810 | 17,525 | 5,804 | 448 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 2,919 | 0 | 0 | 800 | 1,451 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 34,631 | 11,684 | 25,004 | 45,409 | 15,444 | 110,188 | 95,647 | 15,630 | 115,289 | 148,798 | 174,653 | 108,256 | 146,595 | 207,293 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 81,736 | 35,794 | 763,407 | 756,886 | 1,136,552 | 1,230,196 | 801,755 | 669,550 | 579,160 | 323,798 | 416,463 | 345,781 | 198,399 | 207,741 |
| total assets | 993,319 | 948,914 | 773,778 | 769,087 | 1,150,904 | 1,246,207 | 820,591 | 691,712 | 584,420 | 328,577 | 421,973 | 351,755 | 202,866 | 211,836 |
| Bank overdraft | 0 | 11,664 | 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 | 2,900 | 6,855 | 3,943 | 3,784 | 4,844 | 7,219 | 8,954 | 13,726 | 527,610 | 327,278 | 417,052 | 350,417 | 198,337 | 3,045 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 56,636 | 111,593 | 298,468 | 373,293 | 852,824 | 956,460 | 599,217 | 430,365 | 0 | 0 | 0 | 0 | 0 | 180,790 |
| total current liabilities | 59,536 | 130,112 | 302,411 | 377,077 | 857,668 | 963,679 | 608,171 | 444,091 | 527,610 | 327,278 | 417,052 | 350,417 | 198,337 | 183,835 |
| loans | 293,801 | 282,138 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 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 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,655 | 1,947 | 2,318 | 2,318 | 3,042 | 3,042 | 3,367 | 4,432 | 827 | 682 | 397 | 824 | 400 | 156 |
| total long term liabilities | 295,456 | 284,085 | 2,318 | 2,318 | 3,042 | 3,042 | 11,367 | 4,432 | 827 | 682 | 397 | 824 | 400 | 156 |
| total liabilities | 354,992 | 414,197 | 304,729 | 379,395 | 860,710 | 966,721 | 619,538 | 448,523 | 528,437 | 327,960 | 417,449 | 351,241 | 198,737 | 183,991 |
| net assets | 638,327 | 534,717 | 469,049 | 389,692 | 290,194 | 279,486 | 201,053 | 243,189 | 55,983 | 617 | 4,524 | 514 | 4,129 | 27,845 |
| total shareholders funds | 638,327 | 534,717 | 469,049 | 389,692 | 290,194 | 279,486 | 201,053 | 243,189 | 55,983 | 617 | 4,524 | 514 | 4,129 | 27,845 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 99,979 | |||||||||||||
| Depreciation | 1,537 | 1,809 | 1,830 | 2,151 | 2,533 | 2,825 | 3,326 | 3,912 | 928 | 844 | 973 | 1,052 | 789 | 722 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -20,413 | |||||||||||||
| Stock | -2,877 | -728,946 | 23,265 | -392,550 | 11,100 | 402,000 | 64,000 | 176,152 | 287,856 | -68,000 | 8,000 | 174,000 | 46,000 | 0 |
| Debtors | 25,872 | 14,653 | 3,661 | -17,081 | -10,000 | 11,900 | -11,812 | 13,897 | 1,015 | 1,190 | -3,715 | 11,721 | 5,356 | 448 |
| Creditors | -3,955 | 2,912 | 159 | -1,060 | -2,375 | -1,735 | -4,772 | -513,884 | 200,332 | -89,774 | 66,635 | 152,080 | 195,292 | 3,045 |
| Accruals and Deferred Income | -54,957 | -186,875 | -74,825 | -479,531 | -103,636 | 357,243 | 168,852 | 430,365 | 0 | 0 | 0 | 0 | -180,790 | 180,790 |
| Deferred Taxes & Provisions | -292 | -371 | 0 | -724 | 0 | -325 | -1,065 | 3,605 | 145 | 285 | -427 | 424 | 244 | 156 |
| Cash flow from operations | 263,831 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 902,874 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 11,663 | 282,138 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -8,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -2,821 | |||||||||||||
| cash flow from financing | -2,721 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 22,947 | -13,320 | -20,405 | 29,965 | -94,744 | 14,541 | 80,017 | -99,659 | -33,509 | -25,855 | 66,397 | -38,339 | -60,698 | 207,293 |
| overdraft | -11,664 | 11,664 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 34,611 | -24,984 | -20,405 | 29,965 | -94,744 | 14,541 | 80,017 | -99,659 | -33,509 | -25,855 | 66,397 | -38,339 | -60,698 | 207,293 |
P&L
January 2023turnover
219.6k
+54%
operating profit
155k
0%
gross margin
24.6%
+3.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
638.3k
+0.19%
total assets
993.3k
+0.05%
cash
34.6k
+1.96%
net assets
Total assets minus all liabilities
Similar Companies
i m smith limited company details
company number
06804238
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
January 2009
age
15
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
the old barn off wood street, swanley village, kent, BR8 7PA
last accounts submitted
January 2023
i m smith 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 found 2 charges/mortgages relating to i m smith limited. Currently there are 1 open charges and 1 have been satisfied in the past.
i m smith limited Companies House Filings - See Documents
| date | description | view/download |
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