surebind limited
surebind limited Company Information
Company Number
04295225
Next Accounts
Dec 2025
Shareholders
sebastian charles kelly
Group Structure
View All
Industry
Development of building projects
+1Registered Address
2 leman street, london, E1W 9US
Website
www.bindingbazaar.comsurebind limited Estimated Valuation
Pomanda estimates the enterprise value of SUREBIND LIMITED at £213.6k based on a Turnover of £416.2k and 0.51x industry multiple (adjusted for size and gross margin).
surebind limited Estimated Valuation
Pomanda estimates the enterprise value of SUREBIND LIMITED at £664.4k based on an EBITDA of £163.7k and a 4.06x industry multiple (adjusted for size and gross margin).
surebind limited Estimated Valuation
Pomanda estimates the enterprise value of SUREBIND LIMITED at £4.2m based on Net Assets of £3.1m and 1.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Surebind Limited Overview
Surebind Limited is a live company located in london, E1W 9US with a Companies House number of 04295225. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2001, it's largest shareholder is sebastian charles kelly with a 100% stake. Surebind Limited is a mature, micro sized company, Pomanda has estimated its turnover at £416.2k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Surebind Limited Health Check
Pomanda's financial health check has awarded Surebind Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £416.2k, make it smaller than the average company (£2.4m)
- Surebind Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.4%)
- Surebind Limited
6.4% - Industry AVG
Production
with a gross margin of 30.4%, this company has a comparable cost of product (30.4%)
- Surebind Limited
30.4% - Industry AVG
Profitability
an operating margin of 39.3% make it more profitable than the average company (6.4%)
- Surebind Limited
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (20)
2 - Surebind Limited
20 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Surebind Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £208.1k, this is equally as efficient (£208.1k)
- Surebind Limited
£208.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Surebind Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Surebind Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Surebind Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (29 weeks)
11 weeks - Surebind Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a similar level of debt than the average (56.3%)
60.1% - Surebind Limited
56.3% - Industry AVG
SUREBIND LIMITED financials
Surebind Limited's latest turnover from March 2024 is estimated at £416.2 thousand and the company has net assets of £3.1 million. According to their latest financial statements, Surebind Limited has 2 employees and maintains cash reserves of £992.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | 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 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 396 | 495 | 594 | 693 | 792 | 891 | 990 | ||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 736,470 | 2,630,485 | 3,600,003 | 4,300,003 | 3,500,003 | 3,500,103 | 3,500,103 | 3,500,103 | 104 | 104 | 104 | ||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 736,470 | 2,630,881 | 3,600,498 | 4,300,597 | 3,500,696 | 3,500,895 | 3,500,994 | 3,501,093 | 104 | 104 | 104 | ||||
| Stock & work in progress | 439,907 | 437,911 | 393,813 | ||||||||||||
| Trade Debtors | 199 | 10 | 3,889 | 345,250 | 345,250 | 345,250 | 345,250 | 345,250 | |||||||
| Group Debtors | 1,147,591 | 113,683 | 52,168 | 126,528 | 148,000 | 342,850 | |||||||||
| Misc Debtors | 5,333,832 | 2,723,679 | 2,805,349 | 335 | 335,121 | 500,000 | 502,904 | 502,453 | |||||||
| Cash | 992,199 | 1,333,077 | 2,100,829 | 86,666 | 18,653 | 17,845 | 27,512 | 58,612 | 830 | 830 | 830 | 830 | 830 | 830 | |
| misc current assets | 691,102 | 446,890 | 1,107,541 | ||||||||||||
| total current assets | 7,017,133 | 4,943,752 | 6,451,640 | 1,628,405 | 467,457 | 570,013 | 660,833 | 709,065 | 343,680 | 346,080 | 346,080 | 346,080 | 346,080 | 346,080 | |
| total assets | 7,753,603 | 7,574,633 | 10,052,138 | 5,929,002 | 3,968,153 | 4,070,908 | 4,161,827 | 4,210,158 | 343,784 | 346,184 | 346,184 | 346,080 | 346,080 | 346,080 | |
| Bank overdraft | 40,000 | 40,000 | |||||||||||||
| Bank loan | 40,000 | 2,380,000 | 40,000 | 40,000 | |||||||||||
| Trade Creditors | 3,545 | 5,374 | 162 | 5,382 | 12,800 | 3,317 | 2,117 | 2,013 | 2,013 | 33,018 | |||||
| Group/Directors Accounts | 4,609,829 | 4,600,703 | 4,532,140 | 1,509,989 | 265,420 | 500,534 | 585,456 | 585,465 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 46,615 | 22,194 | 50,898 | 343,147 | 365,080 | 457,067 | 453,596 | 517,424 | 2,117 | ||||||
| total current liabilities | 4,656,444 | 4,626,442 | 4,628,412 | 4,233,136 | 670,500 | 997,763 | 1,084,434 | 1,155,689 | 2,117 | 3,317 | 2,117 | 2,013 | 2,013 | 33,018 | |
| loans | 2,300,000 | 2,380,000 | 2,420,000 | 2,460,000 | 2,500,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 268,934 | ||||||||||||||
| provisions | 3,800 | 118,750 | |||||||||||||
| total long term liabilities | 2,303,800 | 118,750 | 2,648,934 | 2,420,000 | 2,460,000 | 2,500,000 | |||||||||
| total liabilities | 4,656,444 | 4,626,442 | 6,932,212 | 4,351,886 | 3,319,434 | 3,417,763 | 3,544,434 | 3,655,689 | 2,117 | 3,317 | 2,117 | 2,013 | 2,013 | 33,018 | |
| net assets | 3,097,159 | 2,948,191 | 3,119,926 | 1,577,116 | 648,719 | 653,145 | 617,393 | 554,469 | 341,667 | 342,867 | 344,067 | 344,067 | 344,067 | 313,062 | |
| total shareholders funds | 3,097,159 | 2,948,191 | 3,119,926 | 1,577,116 | 648,719 | 653,145 | 617,393 | 554,469 | 341,667 | 342,867 | 344,067 | 344,067 | 344,067 | 313,062 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 49 | 99 | 99 | 99 | 99 | 99 | 99 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -439,907 | 1,996 | 44,098 | 393,813 | |||||||||||
| Debtors | 2,609,954 | -81,481 | 1,657,433 | 699,122 | -103,364 | -81,153 | -17,132 | 307,603 | -2,400 | 345,250 | -345,250 | 345,250 | |||
| Creditors | -3,545 | -1,829 | 5,374 | -162 | -5,220 | -7,418 | 12,800 | -3,317 | 1,200 | 2,117 | -2,013 | -31,005 | 33,018 | ||
| Accruals and Deferred Income | 24,421 | -28,704 | -292,249 | -21,933 | -91,987 | 3,471 | -63,828 | 515,307 | 2,117 | ||||||
| Deferred Taxes & Provisions | -3,800 | -114,950 | 118,750 | ||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,894,015 | -969,518 | -700,000 | 800,000 | -100 | 3,499,999 | 104 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -40,000 | -2,340,000 | 2,340,000 | 40,000 | |||||||||||
| Group/Directors Accounts | 9,126 | 68,563 | 3,022,151 | 1,244,569 | -235,114 | -84,922 | -9 | 585,465 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -2,300,000 | 2,300,000 | -2,380,000 | -40,000 | -40,000 | -40,000 | 2,500,000 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -268,934 | 268,934 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -340,878 | -767,752 | 2,014,163 | 68,013 | 808 | -9,667 | -31,100 | 57,782 | 830 | -830 | 830 | ||||
| overdraft | -40,000 | 40,000 | |||||||||||||
| change in cash | -340,878 | -767,752 | 2,014,163 | 68,013 | 808 | 30,333 | -31,100 | 17,782 | 830 | -830 | 830 |
surebind limited Credit Report and Business Information
Surebind Limited Competitor Analysis
Perform a competitor analysis for surebind limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E1W area or any other competitors across 12 key performance metrics.
surebind limited Ownership
SUREBIND LIMITED group structure
Surebind Limited has 2 subsidiary companies.
Ultimate parent company
SUREBIND LIMITED
04295225
2 subsidiaries
surebind limited directors
Surebind Limited currently has 2 directors. The longest serving directors include Mr Sebastian Kelly (Oct 2001) and Mrs Annabelle Kelly (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sebastian Kelly | United Kingdom | 52 years | Oct 2001 | - | Director |
| Mrs Annabelle Kelly | United Kingdom | 51 years | Mar 2022 | - | Director |
P&L
March 2024turnover
416.2k
+87%
operating profit
163.7k
0%
gross margin
30.5%
-1.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.1m
+0.05%
total assets
7.8m
+0.02%
cash
992.2k
-0.26%
net assets
Total assets minus all liabilities
Similar Companies
surebind limited company details
company number
04295225
Type
Private limited with Share Capital
industry
41100 - Development of building projects
74990 - Non-trading company
incorporation date
September 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
2 leman street, london, E1W 9US
Bank
-
Legal Advisor
-
surebind 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 did not find charges/mortgages relating to surebind limited.
surebind 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 SUREBIND LIMITED. This can take several minutes, an email will notify you when this has completed.
surebind limited Companies House Filings - See Documents
| date | description | view/download |
|---|
