searchgrade limited
searchgrade limited Company Information
Company Number
01784954
Next Accounts
Jun 2025
Shareholders
structadene limited
grs russell limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
quadrant house, floor 6, 4 thomas more square, london, E1W 1YW
searchgrade limited Estimated Valuation
Pomanda estimates the enterprise value of SEARCHGRADE LIMITED at £22.8m based on a Turnover of £6.3m and 3.59x industry multiple (adjusted for size and gross margin).
searchgrade limited Estimated Valuation
Pomanda estimates the enterprise value of SEARCHGRADE LIMITED at £38.5m based on an EBITDA of £5m and a 7.7x industry multiple (adjusted for size and gross margin).
searchgrade limited Estimated Valuation
Pomanda estimates the enterprise value of SEARCHGRADE LIMITED at £64.6m based on Net Assets of £41m and 1.58x industry multiple (adjusted for liquidity).
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Searchgrade Limited Overview
Searchgrade Limited is a live company located in london, E1W 1YW with a Companies House number of 01784954. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 1984, it's largest shareholder is structadene limited with a 66.7% stake. Searchgrade Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.3m with low growth in recent years.
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Searchgrade Limited Health Check
Pomanda's financial health check has awarded Searchgrade Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £6.3m, make it larger than the average company (£888k)
£6.3m - Searchgrade Limited
£888k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (2.6%)
2% - Searchgrade Limited
2.6% - Industry AVG
Production
with a gross margin of 73.3%, this company has a comparable cost of product (68.9%)
73.3% - Searchgrade Limited
68.9% - Industry AVG
Profitability
an operating margin of 78.8% make it more profitable than the average company (27.3%)
78.8% - Searchgrade Limited
27.3% - Industry AVG
Employees
with 33 employees, this is above the industry average (4)
- Searchgrade Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Searchgrade Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £192.1k, this is equally as efficient (£193.7k)
- Searchgrade Limited
£193.7k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (25 days)
41 days - Searchgrade Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (30 days)
10 days - Searchgrade Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Searchgrade Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Searchgrade Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.9%, this is a higher level of debt than the average (64.8%)
75.9% - Searchgrade Limited
64.8% - Industry AVG
SEARCHGRADE LIMITED financials
Searchgrade Limited's latest turnover from September 2023 is £6.3 million and the company has net assets of £41 million. According to their latest financial statements, we estimate that Searchgrade Limited has 33 employees and maintains cash reserves of £54.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,339,157 | 6,462,749 | 5,276,740 | 6,025,693 | 4,337,969 | 3,885,352 | 3,824,452 | 3,423,523 | 2,311,082 | 6,902,129 | 7,244,221 | 7,692,426 | 9,651,642 | 12,250,778 | 13,812,736 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,695,724 | 2,064,311 | 1,613,879 | 2,056,929 | 1,217,629 | 828,968 | 776,521 | 565,516 | 580,745 | 1,476,029 | 1,878,831 | 1,645,367 | 1,652,192 | 1,488,795 | 1,295,691 |
| Gross Profit | 4,643,433 | 4,398,438 | 3,662,861 | 3,968,764 | 3,120,340 | 3,056,384 | 3,047,931 | 2,858,007 | 1,730,337 | 5,426,100 | 5,365,390 | 6,047,059 | 7,999,450 | 10,761,983 | 12,517,045 |
| Admin Expenses | -352,744 | -34,987 | 77,353 | 34,211 | 104,356 | 157,799 | 64,896 | 69,605 | 19,091 | 58,193 | 85,772 | 97,304 | 26,591 | 27,005 | 37,894 |
| Operating Profit | 4,996,177 | 4,433,425 | 3,585,508 | 3,934,553 | 3,015,984 | 2,898,585 | 2,983,035 | 2,788,402 | 1,711,246 | 5,367,907 | 5,279,618 | 5,949,755 | 7,972,859 | 10,734,978 | 12,479,151 |
| Interest Payable | 237 | 376 | 327 | 109,983 | 189,060 | 106,195 | 252,229 | 70 | 5,394 | 2,180 | 9,789 | 2,287 | 33,457 | 4,579 | |
| Interest Receivable | 45,315 | 1,893 | 643,617 | 2,711,285 | 9,727 | 2,130,817 | 1,130,616 | 5,178,714 | 176,576 | 9,664 | 5,385 | 10,905 | 9,736 | 18,284 | 7,526 |
| Pre-Tax Profit | 3,028,351 | 8,386,621 | -448,574 | -4,372,588 | -5,747,190 | 4,518,087 | 2,904,590 | 8,871,509 | 5,241,123 | 108,511,248 | 8,820,629 | 10,533,013 | 8,176,787 | 18,879,132 | 9,934,847 |
| Tax | -1,037,866 | -792,127 | -857,480 | -1,024,518 | -204,151 | -99,622 | -176,249 | -520,658 | 925,506 | 302,946 | -702,000 | -156,805 | 911,771 | -3,362,823 | -3,225,000 |
| Profit After Tax | 1,990,485 | 7,594,494 | -1,306,054 | -5,397,106 | -5,951,341 | 4,418,465 | 2,728,341 | 8,350,851 | 6,166,629 | 108,814,194 | 8,118,629 | 10,376,208 | 9,088,558 | 15,516,309 | 6,709,847 |
| Dividends Paid | 5,500,000 | 5,500,000 | 5,500,000 | 4,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 30,000,000 | 30,000,000 | 27,560,000 | 10,000,000 | 12,000,000 | 10,000,000 | ||
| Retained Profit | -3,509,515 | 2,094,494 | -6,806,054 | -9,397,106 | -10,951,341 | -581,535 | -2,271,659 | -21,649,149 | -23,833,371 | 81,254,194 | -1,881,371 | 10,376,208 | -2,911,442 | 5,516,309 | 6,709,847 |
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 2 | 3 | |||||||||
| EBITDA* | 4,996,177 | 4,433,425 | 3,585,508 | 3,934,553 | 3,015,984 | 2,898,585 | 2,983,035 | 2,788,402 | 1,711,246 | 5,367,907 | 5,279,618 | 5,949,755 | 7,972,859 | 10,734,978 | 12,479,151 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,585,505 | 34,811,001 | 29,581,000 | 104,011,002 | 130,555,752 | 174,676,002 | |||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 121,495,665 | 121,197,972 | 106,997,219 | 113,043,799 | 121,623,791 | 81,475,036 | 71,014,081 | 21,823,586 | 24,585,229 | 13,273,289 | 104,868,854 | 114,798,295 | 8,127,831 | 9,104,875 | 7,033,455 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 121,495,665 | 121,197,972 | 106,997,219 | 113,043,799 | 121,623,791 | 81,475,036 | 71,014,081 | 72,409,091 | 59,396,230 | 42,854,289 | 104,868,854 | 114,798,295 | 112,138,833 | 139,660,627 | 181,709,457 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 717,593 | 1,614,663 | 1,515,359 | 1,724,167 | 587,563 | 449,272 | |||||||||
| Group Debtors | 47,383,612 | 46,407,140 | 46,857,894 | 47,685,669 | 47,212,776 | 49,574,952 | 29,172,686 | 8,528,983 | 41,386,179 | 68,378,679 | 10,810,052 | 8,974,679 | 2,845,692 | 2,706,428 | 2,646,904 |
| Misc Debtors | 497,966 | 391,365 | 375,573 | 310,218 | 233,747 | 1,589,370 | 880,571 | 910,123 | 614,789 | 541,064 | 929,450 | 1,327,467 | 1,925,316 | 1,382,662 | 1,127,341 |
| Cash | 54,737 | 147,462 | 120,795 | 178,456 | 28,516 | 61,208 | 78,784 | 385,184 | 16,389 | 69,152 | 95,670 | 38,468 | 80,703 | 173,374 | 23,577 |
| misc current assets | |||||||||||||||
| total current assets | 48,653,908 | 48,560,630 | 48,869,621 | 49,898,510 | 48,062,602 | 51,225,530 | 30,132,041 | 9,824,290 | 42,017,357 | 68,988,895 | 11,835,172 | 10,340,614 | 4,851,711 | 4,262,464 | 3,797,822 |
| total assets | 170,149,573 | 169,758,602 | 155,866,840 | 162,942,309 | 169,686,393 | 132,700,566 | 101,146,122 | 82,233,381 | 101,413,587 | 111,843,184 | 116,704,026 | 125,138,909 | 116,990,544 | 143,923,091 | 185,507,279 |
| Bank overdraft | 32,596 | 6,689,606 | 10,521 | 13,033 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 49,730 | 103,995 | 79,340 | 76,772 | 59,962 | 85,696 | 402,313 | 141,732 | 76,679 | 106,007 | 169,329 | 98,102 | 68,641 | ||
| Group/Directors Accounts | 124,625,782 | 120,301,819 | 107,870,717 | 108,652,138 | 98,274,228 | 51,043,114 | 26,667,316 | 4,932,636 | 4,495,228 | 3,339 | 86,438,201 | 101,198,896 | 108,657,343 | 127,703,429 | 170,332,158 |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 4,262,541 | 3,386,150 | 4,049,739 | 3,365,071 | 2,956,522 | 1,674,537 | 1,645,826 | 2,746,790 | 1,454,458 | 1,628,436 | 3,624,963 | 3,973,918 | 3,701,370 | 4,787,183 | 6,355,668 |
| total current liabilities | 128,970,649 | 123,791,964 | 111,999,796 | 112,093,981 | 107,980,318 | 52,813,868 | 28,715,455 | 7,821,158 | 6,026,365 | 1,737,782 | 90,232,493 | 105,270,916 | 112,427,354 | 132,490,612 | 176,700,859 |
| loans | 6,689,606 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 167,896 | 152,928 | 157,328 | 71,088 | 56,299 | 64,571 | 417,844 | 606,412 | 1,077,615 | 89,000 | 89,000 | ||||
| total long term liabilities | 167,896 | 152,928 | 157,328 | 71,088 | 56,299 | 6,754,177 | 417,844 | 606,412 | 1,077,615 | 89,000 | 89,000 | ||||
| total liabilities | 129,138,545 | 123,944,892 | 112,157,124 | 112,165,069 | 108,036,617 | 59,568,045 | 29,133,299 | 8,427,570 | 7,103,980 | 1,826,782 | 90,321,493 | 105,270,916 | 112,427,354 | 132,490,612 | 176,700,859 |
| net assets | 41,011,028 | 45,813,710 | 43,709,716 | 50,777,240 | 61,649,776 | 73,132,521 | 72,012,823 | 73,805,811 | 94,309,607 | 110,016,402 | 26,382,533 | 19,867,993 | 4,563,190 | 11,432,479 | 8,806,420 |
| total shareholders funds | 41,011,028 | 45,813,710 | 43,709,716 | 50,777,240 | 61,649,776 | 73,132,521 | 72,012,823 | 73,805,811 | 94,309,607 | 110,016,402 | 26,382,533 | 19,867,993 | 4,563,190 | 11,432,479 | 8,806,420 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,996,177 | 4,433,425 | 3,585,508 | 3,934,553 | 3,015,984 | 2,898,585 | 2,983,035 | 2,788,402 | 1,711,246 | 5,367,907 | 5,279,618 | 5,949,755 | 7,972,859 | 10,734,978 | 12,479,151 |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -1,037,866 | -792,127 | -857,480 | -1,024,518 | -204,151 | -99,622 | -176,249 | -520,658 | 925,506 | 302,946 | -702,000 | -156,805 | 911,771 | -3,362,823 | -3,225,000 |
| Stock | |||||||||||||||
| Debtors | 186,003 | -335,658 | -971,228 | 1,685,968 | -3,130,236 | 21,111,065 | 20,614,151 | -32,561,862 | -26,918,775 | 57,180,241 | 1,437,356 | 5,531,138 | 681,918 | 314,845 | 3,774,245 |
| Creditors | -54,265 | 24,655 | 2,568 | 16,810 | -25,734 | -316,617 | 260,581 | 65,053 | -29,328 | -63,322 | 71,227 | 29,461 | 68,641 | ||
| Accruals and Deferred Income | 876,391 | -663,589 | 684,668 | 408,549 | 1,281,985 | 28,711 | -1,100,964 | 1,292,332 | -173,978 | -1,996,527 | -348,955 | 272,548 | -1,085,813 | -1,568,485 | 6,355,668 |
| Deferred Taxes & Provisions | 14,968 | -4,400 | 86,240 | 14,789 | -8,272 | -353,273 | -188,568 | -471,203 | 988,615 | 89,000 | |||||
| Cash flow from operations | 4,609,402 | 3,333,622 | 4,472,732 | 1,664,215 | 7,190,048 | -18,953,281 | -18,836,316 | 35,715,788 | 30,340,836 | -53,569,237 | 2,951,534 | 563,821 | 5,488,825 | 11,835,574 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 297,693 | 14,200,753 | -6,046,580 | -8,579,992 | 40,148,755 | 10,460,955 | 49,190,495 | -2,761,643 | 11,311,940 | -91,595,565 | -9,929,441 | 106,670,464 | -977,044 | 2,071,420 | 7,033,455 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 4,323,963 | 12,431,102 | -781,421 | 10,377,910 | 47,231,114 | 24,375,798 | 21,734,680 | 437,408 | 4,491,889 | -86,434,862 | -14,760,695 | -7,458,447 | -19,046,086 | -42,628,729 | 170,332,158 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | -6,689,606 | 6,689,606 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 45,078 | 1,517 | 643,290 | 2,601,302 | -179,333 | 2,024,622 | 1,130,616 | 4,926,485 | 176,506 | 4,270 | 3,205 | 1,116 | 7,449 | -15,173 | 2,947 |
| cash flow from financing | 3,075,874 | 12,442,119 | -399,601 | 11,503,782 | 39,830,771 | 34,791,259 | 23,343,967 | 6,509,246 | 12,794,971 | -84,050,917 | -6,361,579 | -2,528,736 | -22,996,484 | -45,534,152 | 172,431,678 |
| cash and cash equivalents | |||||||||||||||
| cash | -92,725 | 26,667 | -57,661 | 149,940 | -32,692 | -17,576 | -306,400 | 368,795 | -52,763 | -26,518 | 57,202 | -42,235 | -92,671 | 149,797 | 23,577 |
| overdraft | 32,596 | -6,689,606 | 6,679,085 | 10,521 | -13,033 | 13,033 | |||||||||
| change in cash | -125,321 | 26,667 | -57,661 | 6,839,546 | -6,711,777 | -28,097 | -306,400 | 368,795 | -52,763 | -26,518 | 57,202 | -42,235 | -92,671 | 162,830 | 10,544 |
searchgrade limited Credit Report and Business Information
Searchgrade Limited Competitor Analysis
Perform a competitor analysis for searchgrade limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in E1W area or any other competitors across 12 key performance metrics.
searchgrade limited Ownership
SEARCHGRADE LIMITED group structure
Searchgrade Limited has 6 subsidiary companies.
Ultimate parent company
SEARCHGRADE LIMITED
01784954
6 subsidiaries
searchgrade limited directors
Searchgrade Limited currently has 4 directors. The longest serving directors include Mr Howard Pearlman (Aug 2017) and Mr James Thomson (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Howard Pearlman | 49 years | Aug 2017 | - | Director | |
| Mr James Thomson | 53 years | Dec 2023 | - | Director | |
| Mr Andrew Bliss | 43 years | Dec 2023 | - | Director | |
| Mr William Tuffy | 62 years | Dec 2023 | - | Director |
P&L
September 2023turnover
6.3m
-2%
operating profit
5m
+13%
gross margin
73.3%
+7.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
41m
-0.1%
total assets
170.1m
0%
cash
54.7k
-0.63%
net assets
Total assets minus all liabilities
searchgrade limited company details
company number
01784954
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
January 1984
age
41
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
sierrapace limited (March 1984)
accountant
-
auditor
UHY HACKER YOUNG
address
quadrant house, floor 6, 4 thomas more square, london, E1W 1YW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
HAMLINS LLP
searchgrade 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 238 charges/mortgages relating to searchgrade limited. Currently there are 59 open charges and 179 have been satisfied in the past.
searchgrade 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.
Click to start generating capital raising & share issue transactions for SEARCHGRADE LIMITED. This can take several minutes, an email will notify you when this has completed.
searchgrade limited Companies House Filings - See Documents
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