sheer projects limited
sheer projects limited Company Information
Company Number
04152945
Next Accounts
Feb 2025
Shareholders
sheer corporation ltd
Group Structure
View All
Industry
Construction of commercial buildings
Registered Address
1 kings avenue, london, N21 3NA
Website
sheerprojects.comsheer projects limited Estimated Valuation
Pomanda estimates the enterprise value of SHEER PROJECTS LIMITED at £1.8m based on a Turnover of £6.2m and 0.29x industry multiple (adjusted for size and gross margin).
sheer projects limited Estimated Valuation
Pomanda estimates the enterprise value of SHEER PROJECTS LIMITED at £636.9k based on an EBITDA of £240.9k and a 2.64x industry multiple (adjusted for size and gross margin).
sheer projects limited Estimated Valuation
Pomanda estimates the enterprise value of SHEER PROJECTS LIMITED at £510.8k based on Net Assets of £344k and 1.49x industry multiple (adjusted for liquidity).
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Sheer Projects Limited Overview
Sheer Projects Limited is a dissolved company that was located in london, N21 3NA with a Companies House number of 04152945. It operated in the construction of commercial buildings sector, SIC Code 41201. Founded in February 2001, it's largest shareholder was sheer corporation ltd with a 100% stake. The last turnover for Sheer Projects Limited was estimated at £6.2m.
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Sheer Projects Limited Health Check
Pomanda's financial health check has awarded Sheer Projects Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £6.2m, make it smaller than the average company (£8.1m)
- Sheer Projects Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (8.5%)
- Sheer Projects Limited
8.5% - Industry AVG
Production
with a gross margin of 8.1%, this company has a higher cost of product (14.6%)
- Sheer Projects Limited
14.6% - Industry AVG
Profitability
an operating margin of 3.7% make it as profitable than the average company (3.9%)
- Sheer Projects Limited
3.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (55)
- Sheer Projects Limited
55 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
- Sheer Projects Limited
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £563.1k, this is more efficient (£334.3k)
- Sheer Projects Limited
£334.3k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (44 days)
- Sheer Projects Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (44 days)
- Sheer Projects Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sheer Projects Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sheer Projects Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.1%, this is a similar level of debt than the average (76.6%)
77.1% - Sheer Projects Limited
76.6% - Industry AVG
SHEER PROJECTS LIMITED financials
Sheer Projects Limited's latest turnover from March 2016 is estimated at £6.2 million and the company has net assets of £344 thousand. According to their latest financial statements, we estimate that Sheer Projects Limited has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,838 | 36,853 | 21,402 | 28,536 | 35,024 | 45,351 | 11,855 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,838 | 36,853 | 21,402 | 28,536 | 35,024 | 45,351 | 11,855 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,473,267 | 1,270,028 | 881,637 | 515,128 | 258,107 | 586,693 | 735,347 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 15 | 67 | 2 | 3,584 | 67,805 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,473,267 | 1,270,028 | 881,652 | 515,195 | 258,109 | 590,277 | 803,152 |
| total assets | 1,502,105 | 1,306,881 | 903,054 | 543,731 | 293,133 | 635,628 | 815,007 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,149,196 | 1,133,110 | 972,759 | 724,070 | 528,149 | 1,188,824 | 475,402 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,149,196 | 1,133,110 | 972,759 | 724,070 | 528,149 | 1,188,824 | 475,402 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 8,929 | 14,841 | 0 | 0 | 1,952 | 7,573 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,929 | 14,841 | 0 | 0 | 1,952 | 7,573 | 0 |
| total liabilities | 1,158,125 | 1,147,951 | 972,759 | 724,070 | 530,101 | 1,196,397 | 475,402 |
| net assets | 343,980 | 158,930 | -69,705 | -180,339 | -236,968 | -560,769 | 339,605 |
| total shareholders funds | 343,980 | 158,930 | -69,705 | -180,339 | -236,968 | -560,769 | 339,605 |
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 9,615 | 8,528 | 7,134 | 9,511 | 11,676 | 15,117 | 3,952 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 203,239 | 388,391 | 366,509 | 257,021 | -328,586 | -148,654 | 735,347 |
| Creditors | 16,086 | 160,351 | 248,689 | 195,921 | -660,675 | 713,422 | 475,402 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,912 | 14,841 | 0 | -1,952 | -5,621 | 7,573 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | -15 | -52 | 65 | -3,582 | -64,221 | 67,805 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -15 | -52 | 65 | -3,582 | -64,221 | 67,805 |
sheer projects limited Credit Report and Business Information
Sheer Projects Limited Competitor Analysis
Perform a competitor analysis for sheer projects limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in N21 area or any other competitors across 12 key performance metrics.
sheer projects limited Ownership
SHEER PROJECTS LIMITED group structure
Sheer Projects Limited has no subsidiary companies.
sheer projects limited directors
Sheer Projects Limited currently has 2 directors. The longest serving directors include Mr Mark Steeds (Apr 2014) and Mr Mohssen Poteratchi (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Steeds | England | 62 years | Apr 2014 | - | Director |
| Mr Mohssen Poteratchi | England | 67 years | May 2014 | - | Director |
P&L
March 2016turnover
6.2m
+11%
operating profit
231.3k
0%
gross margin
8.1%
+5.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
344k
+1.16%
total assets
1.5m
+0.15%
cash
0
0%
net assets
Total assets minus all liabilities
sheer projects limited company details
company number
04152945
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
February 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
March 2016
previous names
sheer developments limited (January 2011)
accountant
-
auditor
-
address
1 kings avenue, london, N21 3NA
Bank
-
Legal Advisor
-
sheer projects 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 3 charges/mortgages relating to sheer projects limited. Currently there are 1 open charges and 2 have been satisfied in the past.
sheer projects 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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sheer projects limited Companies House Filings - See Documents
| date | description | view/download |
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