shermaynes (welders & engineers) limited
shermaynes (welders & engineers) limited Company Information
Company Number
00648397
Website
www.shermaynes.co.ukRegistered Address
shermaynes works, southgate industrial centre, white lund, morecambe, LA3 3PB
Industry
Non-trading company
Telephone
00152469333
Next Accounts Due
November 2024
Group Structure
View All
Directors
Steven Brookfield16 Years
Shareholders
shermaynes engineering ltd 100%
shermaynes (welders & engineers) limited Estimated Valuation
Pomanda estimates the enterprise value of SHERMAYNES (WELDERS & ENGINEERS) LIMITED at £6.1k based on a Turnover of £15.4k and 0.4x industry multiple (adjusted for size and gross margin).
shermaynes (welders & engineers) limited Estimated Valuation
Pomanda estimates the enterprise value of SHERMAYNES (WELDERS & ENGINEERS) LIMITED at £0 based on an EBITDA of £0 and a 3.25x industry multiple (adjusted for size and gross margin).
shermaynes (welders & engineers) limited Estimated Valuation
Pomanda estimates the enterprise value of SHERMAYNES (WELDERS & ENGINEERS) LIMITED at £6k based on Net Assets of £3k and 2.02x industry multiple (adjusted for liquidity).
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Shermaynes (welders & Engineers) Limited Overview
Shermaynes (welders & Engineers) Limited is a live company located in white lund, LA3 3PB with a Companies House number of 00648397. It operates in the non-trading company sector, SIC Code 74990. Founded in February 1960, it's largest shareholder is shermaynes engineering ltd with a 100% stake. Shermaynes (welders & Engineers) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £15.4k with low growth in recent years.
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Shermaynes (welders & Engineers) Limited Health Check
Pomanda's financial health check has awarded Shermaynes (Welders & Engineers) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £15.4k, make it smaller than the average company (£3.6m)
- Shermaynes (welders & Engineers) Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.1%)
- Shermaynes (welders & Engineers) Limited
4.1% - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (36.1%)
- Shermaynes (welders & Engineers) Limited
36.1% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Shermaynes (welders & Engineers) Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Shermaynes (welders & Engineers) Limited
42 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Shermaynes (welders & Engineers) Limited
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £15.4k, this is less efficient (£142k)
- Shermaynes (welders & Engineers) Limited
£142k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (43 days)
- Shermaynes (welders & Engineers) Limited
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Shermaynes (welders & Engineers) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Shermaynes (welders & Engineers) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Shermaynes (welders & Engineers) Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Shermaynes (welders & Engineers) Limited
- - Industry AVG
SHERMAYNES (WELDERS & ENGINEERS) LIMITED financials
Shermaynes (Welders & Engineers) Limited's latest turnover from February 2023 is estimated at £15.4 thousand and the company has net assets of £3 thousand. According to their latest financial statements, we estimate that Shermaynes (Welders & Engineers) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 0 | 0 | ||||||||||||
| Gross Profit | 0 | 0 | ||||||||||||
| Admin Expenses | 0 | 0 | ||||||||||||
| Operating Profit | 0 | 0 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 0 | 0 | ||||||||||||
| Tax | 0 | 0 | ||||||||||||
| Profit After Tax | 0 | 0 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 0 | 0 | ||||||||||||
| Employee Costs | 0 | 0 | ||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,000 | 3,000 | 3,000 | 3,000 | 0 | 0 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,000 | 3,000 | 3,000 | 3,000 | 0 | 0 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 3,000 | 3,000 | 3,000 | 3,000 | 0 | 0 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 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 | 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 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 3,000 | 3,000 | 3,000 | 3,000 | 0 | 0 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 3,000 | 3,000 | 3,000 | 3,000 | 0 | 0 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 0 | 0 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | 0 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 3,000 | 0 | -3,000 | 0 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 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 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 0 | -3,000 | ||||||||||||
| 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 | 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 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | ||||||||||||
| cash flow from financing | 0 | 3,000 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
shermaynes (welders & engineers) limited Credit Report and Business Information
Shermaynes (welders & Engineers) Limited Competitor Analysis
Perform a competitor analysis for shermaynes (welders & engineers) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in LA3 area or any other competitors across 12 key performance metrics.
shermaynes (welders & engineers) limited Ownership
SHERMAYNES (WELDERS & ENGINEERS) LIMITED group structure
Shermaynes (Welders & Engineers) Limited has no subsidiary companies.
Ultimate parent company
2 parents
SHERMAYNES (WELDERS & ENGINEERS) LIMITED
00648397
shermaynes (welders & engineers) limited directors
Shermaynes (Welders & Engineers) Limited currently has 1 director, Mr Steven Brookfield serving since Oct 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Brookfield | England | 61 years | Oct 2007 | - | Director |
P&L
February 2023turnover
15.4k
+4%
operating profit
0
0%
gross margin
19%
+24.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
3k
0%
total assets
3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
shermaynes (welders & engineers) limited company details
company number
00648397
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
February 1960
age
64
accounts
Dormant
ultimate parent company
previous names
N/A
incorporated
UK
address
shermaynes works, southgate industrial centre, white lund, morecambe, LA3 3PB
last accounts submitted
February 2023
shermaynes (welders & engineers) 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 7 charges/mortgages relating to shermaynes (welders & engineers) limited. Currently there are 3 open charges and 4 have been satisfied in the past.
shermaynes (welders & engineers) limited Companies House Filings - See Documents
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