HCSlingsby plc (SLNG) AI Stock Analysis

• Market Cap: £2.21M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.25
• Revenue Growth: -6.67%
• EPS Growth: -194.93%
• Country: UK
• Employees: 110
• Sector: Industrials
• Sector Strength: 73
• Industry: Industrial - Distribution
• EPS (TTM): -0.08
• Shares Outstanding: 1,102,500
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £195.00
• Price Target Upside: -2.50% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: 195.00p ▼(-2.50% Downside)

The overall stock score reflects challenges in financial performance, valuation issues, and negative corporate events. Despite some positive operational improvements, significant concerns about profitability, cash flow, and market conditions weigh heavily on the company's outlook.

HCSlingsby plc Business Overview & Revenue Model

Company Description

H C Slingsby plc, together with its subsidiaries, engages in the merchanting and distribution of industrial and commercial equipment in the United Kingdom. It provides a range of incidental purchasing supplies for various sectors, such as handling and lifting, wheel and castor, ladder and steps, storage and shelving, office, safety and security, work wear, cleaning and hygiene, mailroom and packaging, workshop and maintenance, waste and recycling, premise, locker and cloakroom, sign and label, and flooring and matting, as well as premises equipment. The company offers its products online. It also exports its products. The company was founded in 1893 and is based in Shipley, the United Kingdom.

How the Company Makes Money

HCSlingsby generates revenue primarily through the sale of its industrial products, which are distributed through both direct sales and an online platform. The company's revenue model is based on a combination of one-time product sales and recurring revenue from maintenance and support services. Key revenue streams include direct product sales to businesses, e-commerce transactions, and bulk orders from corporate clients. Strategic partnerships with manufacturers and suppliers enhance its product offerings and enable competitive pricing, further contributing to its earnings. Additionally, HCSlingsby may benefit from seasonal demand fluctuations and industry trends that drive sales in specific product categories.

HCSlingsby plc Financial Statement Overview

Summary

HCSlingsby plc faces profitability and cash flow challenges, with a negative trajectory in recent financial performance. While debt levels are manageable, declining revenues and negative cash flows raise concerns about long-term sustainability. Strategic improvements in operational efficiency and revenue growth are necessary to enhance financial health.

Income Statement

The company exhibits declining revenue with a negative net income in the most recent year, signaling potential challenges in profitability. Gross profit margin remains reasonable, but the negative EBIT and EBITDA margins in 2024 indicate operating inefficiencies. Past revenue growth was inconsistent, with recent contractions, which may concern stakeholders.

Balance Sheet

HCSlingsby plc maintains a strong equity position relative to its debt, as reflected in a low debt-to-equity ratio. However, the negative net income impacts the ROE negatively. The equity ratio indicates a satisfactory level of assets funded by shareholders, but declining assets signal potential issues in asset management or valuation.

Cash Flow

The company has faced challenges in maintaining positive free cash flow, with significant declines in operating cash flow in 2024. This could affect liquidity and operational flexibility. The increasing financing cash flow suggests a reliance on external funding, potentially to offset operational inefficiencies.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.77M	22.64M	21.56M	19.82M	21.81M
Gross Profit	7.19M	8.13M	6.99M	6.18M	7.18M
EBITDA	-25.00K	1.03M	1.05M	861.00K	1.67M
Net Income	-601.00K	233.00K	380.00K	567.00K	946.00K
Balance Sheet
Total Assets	15.18M	15.84M	15.63M	15.55M	14.49M
Cash, Cash Equivalents and Short-Term Investments	2.37M	2.45M	2.24M	2.00M	1.78M
Total Debt	92.00K	2.36M	2.35M	1.69M	1.57M
Total Liabilities	11.27M	11.60M	11.31M	13.29M	13.28M
Stockholders Equity	3.92M	4.25M	4.32M	2.26M	1.21M
Cash Flow
Free Cash Flow	-812.00K	170.00K	-309.00K	79.00K	1.41M
Operating Cash Flow	-550.00K	541.00K	-76.00K	182.00K	1.54M
Investing Cash Flow	-340.00K	-336.00K	-209.00K	-75.00K	-120.00K
Financing Cash Flow	807.00K	1.00K	529.00K	111.00K	-917.00K

HCSlingsby plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 200.00
• 50DMA: Neutral
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SLNG, the sentiment is Negative. The current price of 200 is equal to the 20-day moving average (MA) of 200.00, equal to the 50-day MA of 200.00, and below the 200-day MA of 249.25, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 0.00 is Positive, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SLNG.

HCSlingsby plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BMTO	71 Outperform	£15.84M	8.35	11.39%	1.02%	5.03%	36.66%
BMT	68 Neutral	£15.84M	5.01	11.39%	1.69%	5.03%	36.66%
Sector *	64 Neutral	$10.73B	15.65	7.61%	2.01%	2.80%	-14.92%
LORD	63 Neutral	£63.99M	―	-4.13%	2.18%	-5.60%	-238.37%
FLO	50 Neutral	£34.90M	―	-48.45%	3.36%	-4.29%	-97.73%
SHI	50 Neutral	£115.20M	―	-37.89%	―	-2.08%	-9.83%
SLNG	45 Neutral	£2.21M	―	-11.11%	―	-6.67%	-194.93%

HCSlingsby plc Corporate Events

HC Slingsby plc Reports Decline in Sales but Improved Operating Profit Amid Challenges

HC Slingsby plc reported a 3% decline in sales for the first half of 2025 compared to the previous year, but managed to increase its operating profit before tax and exceptional items due to reduced overhead costs. Despite this, the company faced a net loss before tax of £0.09m, influenced by exceptional costs and interest expenses related to its pension scheme. The company remains cautious about future prospects due to rising corporate costs and potential credit issues, opting not to declare an interim dividend.

HC Slingsby plc Reports First Half 2025 Financial Results Amid Challenging Market Conditions

HC Slingsby plc reported a 3% decline in sales for the first half of 2025 compared to the previous year, with a slight decrease in gross margin. Despite this, the company managed to achieve an operating profit before tax and exceptional items of £0.11 million, an improvement from £0.08 million in the same period of 2024, due to reduced overhead costs. However, after accounting for exceptional costs related to a formal sale process and interest costs, the company recorded a loss before tax of £0.09 million. The competitive market, rising corporate costs, and potential credit issues pose challenges for the remainder of the year. The company’s net assets improved slightly to £4.0 million, aided by a decrease in the pension scheme deficit, and the company continues to operate within its banking facilities. Due to the net loss and uncertain outlook, no interim dividend was declared.

HC Slingsby PLC AGM Results: Resolution 6 Rejected

HC Slingsby PLC announced the results of its Annual General Meeting, where most resolutions were passed except for resolution 6, which would have authorized the directors to allot equity securities. The failure of resolution 6 means the directors currently lack the authority to issue shares or grant rights to subscribe for or convert securities into shares. The board plans to engage with shareholders who voted against this resolution to understand their concerns.

HC Slingsby PLC Reports Decline in Sales but Improved Profit Margins

HC Slingsby PLC reported a decline in sales for the first four months of 2025 compared to the previous year, yet managed to achieve a higher unaudited operating profit due to reduced overhead costs. Despite the competitive market and increased corporate costs, the company remains cautious about the financial outlook for the rest of the year. The Group’s net debt stood at £0.33 million as of April 2025, with ongoing payments to the defined benefit pension scheme.