sian formwork limited Company Information
Company Number
04759389
Next Accounts
Jul 2025
Shareholders
sian group holdings ltd
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
+1Registered Address
sian formwork limited, stonebridge road, gravesend, kent, DA11 9BA
Website
www.sianformwork.co.uksian formwork limited Estimated Valuation
Pomanda estimates the enterprise value of SIAN FORMWORK LIMITED at £3.9m based on a Turnover of £9.4m and 0.42x industry multiple (adjusted for size and gross margin).
sian formwork limited Estimated Valuation
Pomanda estimates the enterprise value of SIAN FORMWORK LIMITED at £5.7m based on an EBITDA of £1.3m and a 4.41x industry multiple (adjusted for size and gross margin).
sian formwork limited Estimated Valuation
Pomanda estimates the enterprise value of SIAN FORMWORK LIMITED at £9.2m based on Net Assets of £4.3m and 2.17x industry multiple (adjusted for liquidity).
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Sian Formwork Limited Overview
Sian Formwork Limited is a live company located in gravesend, DA11 9BA with a Companies House number of 04759389. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in May 2003, it's largest shareholder is sian group holdings ltd with a 100% stake. Sian Formwork Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.4m with declining growth in recent years.
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Sian Formwork Limited Health Check
Pomanda's financial health check has awarded Sian Formwork Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £9.4m, make it in line with the average company (£9.8m)
- Sian Formwork Limited
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (8.7%)
- Sian Formwork Limited
8.7% - Industry AVG
Production
with a gross margin of 21.2%, this company has a comparable cost of product (21.2%)
- Sian Formwork Limited
21.2% - Industry AVG
Profitability
an operating margin of 10.3% make it more profitable than the average company (5.8%)
- Sian Formwork Limited
5.8% - Industry AVG
Employees
with 30 employees, this is below the industry average (41)
30 - Sian Formwork Limited
41 - Industry AVG
Pay Structure
on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)
- Sian Formwork Limited
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £311.8k, this is more efficient (£225k)
- Sian Formwork Limited
£225k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is earlier than average (55 days)
- Sian Formwork Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (38 days)
- Sian Formwork Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sian Formwork Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is average cash available to meet short term requirements (20 weeks)
22 weeks - Sian Formwork Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.4%, this is a lower level of debt than the average (60.3%)
47.4% - Sian Formwork Limited
60.3% - Industry AVG
SIAN FORMWORK LIMITED financials
Sian Formwork Limited's latest turnover from October 2023 is estimated at £9.4 million and the company has net assets of £4.3 million. According to their latest financial statements, Sian Formwork Limited has 30 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 5,772,924 | ||||||||||||||
Other Income Or Grants | 0 | ||||||||||||||
Cost Of Sales | 4,973,699 | ||||||||||||||
Gross Profit | 799,225 | ||||||||||||||
Admin Expenses | 340,829 | ||||||||||||||
Operating Profit | 458,396 | ||||||||||||||
Interest Payable | 9,801 | ||||||||||||||
Interest Receivable | 10,386 | ||||||||||||||
Pre-Tax Profit | 458,981 | ||||||||||||||
Tax | -101,679 | ||||||||||||||
Profit After Tax | 357,302 | ||||||||||||||
Dividends Paid | 82,386 | ||||||||||||||
Retained Profit | 274,916 | ||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 30 | 36 | 36 | 11 | 9 | 8 | |||||||||
EBITDA* | 491,635 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 998,202 | 1,096,644 | 530,886 | 706,125 | 283,041 | 279,645 | 336,318 | 357,121 | 424,188 | 507,030 | 373,445 | 266,783 | 146,317 | 163,919 | 610,334 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,150 | 9,450 | 15,750 | 22,050 |
Investments & Other | 0 | 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 | 0 |
Total Fixed Assets | 998,202 | 1,096,644 | 530,886 | 706,125 | 283,041 | 279,645 | 336,318 | 357,121 | 424,188 | 507,030 | 373,445 | 269,933 | 155,767 | 179,669 | 632,384 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 966,945 | 401,007 | 1,367,857 | 1,858,857 | 1,736,768 | 1,409,878 | 715,318 | 571,894 | 2,044,807 | 1,227,027 | 955,468 | 608,927 | 505,366 | 735,573 | 0 |
Group Debtors | 3,652,453 | 2,250,962 | 2,319,431 | 2,359,718 | 1,668,712 | 1,558,957 | 1,850,751 | 618,751 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 941,502 | 2,603,960 | 2,015,662 | 1,276,800 | 69,298 | 61,950 | 39,445 | 642 | 148,789 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,532,552 | 2,824,424 | 2,849,466 | 2,477,338 | 3,540,637 | 3,137,446 | 2,985,988 | 2,137,515 | 970,499 | 1,436,926 | 1,067,906 | 1,143,011 | 1,606,441 | 1,051,305 | 387,017 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 537,758 |
total current assets | 7,093,452 | 8,080,353 | 8,552,416 | 7,972,713 | 7,015,415 | 6,168,231 | 5,591,502 | 3,328,802 | 3,164,095 | 2,663,953 | 2,023,374 | 1,751,938 | 2,111,807 | 1,786,878 | 924,775 |
total assets | 8,091,654 | 9,176,997 | 9,083,302 | 8,678,838 | 7,298,456 | 6,447,876 | 5,927,820 | 3,685,923 | 3,588,283 | 3,170,983 | 2,396,819 | 2,021,871 | 2,267,574 | 1,966,547 | 1,557,159 |
Bank overdraft | 0 | 137,126 | 78,129 | 78,129 | 49,428 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 52,287 | 52,287 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,537 |
Trade Creditors | 1,909,826 | 1,443,644 | 2,184,841 | 3,069,383 | 1,950,383 | 1,381,720 | 837,927 | 289,239 | 62,646 | 676,685 | 477,426 | 276,823 | 605,826 | 814,669 | 502,080 |
Group/Directors Accounts | 0 | 0 | 0 | 3,330 | 0 | 179,407 | 52 | 163 | 182 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 268,408 | 100,456 | 10,824 | 51,962 | 12,108 | 26,077 | 48,037 | 58,085 | 41,930 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,298,609 | 1,635,750 | 2,639,192 | 1,139,021 | 463,386 | 221,693 | 433,614 | 307,691 | 665,148 | 0 | 0 | 0 | 0 | 0 | 101,679 |
total current liabilities | 3,476,843 | 3,316,976 | 4,912,986 | 4,341,825 | 2,475,305 | 1,861,184 | 1,371,917 | 655,178 | 769,906 | 676,685 | 477,426 | 276,823 | 605,826 | 814,669 | 626,296 |
loans | 0 | 1,877,417 | 2,005,118 | 1,804,497 | 1,116,442 | 1,163,012 | 1,258,322 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 336,440 |
hp & lease commitments | 110,337 | 250,929 | 15,728 | 117,494 | 12,886 | 29,711 | 44,520 | 84,710 | 91,675 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 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 | 129,355 | 16,367 | 0 | 0 | 0 | 0 |
provisions | 249,551 | 196,883 | 100,623 | 104,962 | 49,329 | 38,397 | 45,930 | 45,938 | 54,080 | 48,711 | 38,910 | 0 | 0 | 0 | 0 |
total long term liabilities | 359,888 | 2,325,229 | 2,121,469 | 2,026,953 | 1,178,657 | 1,231,120 | 1,348,772 | 130,648 | 145,755 | 178,066 | 55,277 | 0 | 0 | 0 | 336,440 |
total liabilities | 3,836,731 | 5,642,205 | 7,034,455 | 6,368,778 | 3,653,962 | 3,092,304 | 2,720,689 | 785,826 | 915,661 | 854,751 | 532,703 | 276,823 | 605,826 | 814,669 | 962,736 |
net assets | 4,254,923 | 3,534,792 | 2,048,847 | 2,310,060 | 3,644,494 | 3,355,572 | 3,207,131 | 2,900,097 | 2,672,622 | 2,316,232 | 1,864,116 | 1,745,048 | 1,661,748 | 1,151,878 | 594,423 |
total shareholders funds | 4,254,923 | 3,534,792 | 2,048,847 | 2,310,060 | 3,644,494 | 3,355,572 | 3,207,131 | 2,900,097 | 2,672,622 | 2,316,232 | 1,864,116 | 1,745,048 | 1,661,748 | 1,151,878 | 594,423 |
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 458,396 | ||||||||||||||
Depreciation | 332,734 | 365,549 | 189,680 | 168,472 | 75,619 | 93,215 | 106,865 | 123,554 | 124,020 | 103,080 | 72,232 | 75,834 | 45,288 | 42,902 | 26,939 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,150 | 6,300 | 0 | 6,300 | 6,300 |
Tax | -101,679 | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 304,971 | -447,021 | 207,575 | 2,020,597 | 443,993 | 425,271 | 1,414,227 | -1,002,309 | 966,569 | 271,559 | 346,541 | 103,561 | -230,207 | 735,573 | 0 |
Creditors | 466,182 | -741,197 | -884,542 | 1,119,000 | 568,663 | 543,793 | 548,688 | 226,593 | -614,039 | 199,259 | 200,603 | -329,003 | -208,843 | 312,589 | 502,080 |
Accruals and Deferred Income | -337,141 | -1,003,442 | 1,500,171 | 675,635 | 241,693 | -211,921 | 125,923 | -357,457 | 665,148 | 0 | 0 | 0 | 0 | -101,679 | 101,679 |
Deferred Taxes & Provisions | 52,668 | 96,260 | -4,339 | 55,633 | 10,932 | -7,533 | -8 | -8,142 | 5,369 | 9,801 | 38,910 | 0 | 0 | 0 | 0 |
Cash flow from operations | 993,715 | ||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 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 | -52,287 | 0 | 52,287 | 0 | 0 | 0 | 0 | 0 | 0 | -22,537 | 22,537 |
Group/Directors Accounts | 0 | 0 | -3,330 | 3,330 | -179,407 | 179,355 | -111 | -19 | 182 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -1,877,417 | -127,701 | 200,621 | 688,055 | -46,570 | -95,310 | 1,258,322 | 0 | 0 | 0 | 0 | 0 | 0 | -336,440 | 336,440 |
Hire Purchase and Lease Commitments | 27,360 | 324,833 | -142,904 | 144,462 | -30,794 | -36,769 | -50,238 | 9,190 | 133,605 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -129,355 | 112,988 | 16,367 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 585 | ||||||||||||||
cash flow from financing | 679,069 | ||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -1,291,872 | -25,042 | 372,128 | -1,063,299 | 403,191 | 151,458 | 848,473 | 1,167,016 | -466,427 | 369,020 | -75,105 | -463,430 | 555,136 | 664,288 | 387,017 |
overdraft | -137,126 | 58,997 | 0 | 28,701 | 49,428 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,154,746 | -84,039 | 372,128 | -1,092,000 | 353,763 | 151,458 | 848,473 | 1,167,016 | -466,427 | 369,020 | -75,105 | -463,430 | 555,136 | 664,288 | 387,017 |
sian formwork limited Credit Report and Business Information
Sian Formwork Limited Competitor Analysis
Perform a competitor analysis for sian formwork limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in DA11 area or any other competitors across 12 key performance metrics.
sian formwork limited Ownership
SIAN FORMWORK LIMITED group structure
Sian Formwork Limited has no subsidiary companies.
Ultimate parent company
SIAN FORMWORK LIMITED
04759389
sian formwork limited directors
Sian Formwork Limited currently has 2 directors. The longest serving directors include Mr Ajit Sian (Sep 2010) and Mr Jugjit Sian (Sep 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ajit Sian | England | 51 years | Sep 2010 | - | Director |
Mr Jugjit Sian | England | 49 years | Sep 2010 | - | Director |
P&L
October 2023turnover
9.4m
+48%
operating profit
959.1k
0%
gross margin
21.3%
+2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
4.3m
+0.2%
total assets
8.1m
-0.12%
cash
1.5m
-0.46%
net assets
Total assets minus all liabilities
sian formwork limited company details
company number
04759389
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
May 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
sian formwork limited, stonebridge road, gravesend, kent, DA11 9BA
Bank
-
Legal Advisor
-
sian formwork 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 5 charges/mortgages relating to sian formwork limited. Currently there are 5 open charges and 0 have been satisfied in the past.
sian formwork 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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sian formwork limited Companies House Filings - See Documents
date | description | view/download |
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