sian formwork limited

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sian formwork limited Company Information

Share SIAN FORMWORK LIMITED

Company Number

04759389

Shareholders

sian group holdings ltd

Group Structure

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Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 +1

Registered Address

sian formwork limited, stonebridge road, gravesend, kent, DA11 9BA

sian formwork limited Estimated Valuation

£3.9m

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

£5.7m

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

£9.2m

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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £9.4m, make it in line with the average company (£9.8m)

£9.4m - Sian Formwork Limited

£9.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (8.7%)

-12% - Sian Formwork Limited

8.7% - Industry AVG

production

Production

with a gross margin of 21.2%, this company has a comparable cost of product (21.2%)

21.2% - Sian Formwork Limited

21.2% - Industry AVG

profitability

Profitability

an operating margin of 10.3% make it more profitable than the average company (5.8%)

10.3% - Sian Formwork Limited

5.8% - Industry AVG

employees

Employees

with 30 employees, this is below the industry average (41)

30 - Sian Formwork Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)

£48.9k - Sian Formwork Limited

£48.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £311.8k, this is more efficient (£225k)

£311.8k - Sian Formwork Limited

£225k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is earlier than average (55 days)

37 days - Sian Formwork Limited

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 94 days, this is slower than average (38 days)

94 days - Sian Formwork Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sian Formwork Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover9,353,7766,329,6129,859,02013,518,7919,515,0517,293,7085,042,2572,871,7946,695,5245,869,4114,534,9512,905,8063,439,9594,891,4455,772,924
Other Income Or Grants000000000000000
Cost Of Sales7,367,9645,013,1767,907,05010,781,3727,539,7265,704,5093,895,6652,209,9035,250,0334,625,2593,536,2142,205,5222,592,7903,605,0174,973,699
Gross Profit1,985,8121,316,4361,951,9702,737,4191,975,3251,589,1991,146,593661,8911,445,4901,244,151998,737700,284847,1681,286,428799,225
Admin Expenses1,026,690-623,2672,094,8873,981,8831,563,3101,343,652732,987381,4321,006,021678,114849,631597,552164,799504,114340,829
Operating Profit959,1221,939,703-142,917-1,244,464412,015245,547413,606280,459439,469566,037149,106102,732682,369782,314458,396
Interest Payable113,318169,034120,95992,97980,36485,24940,95700000011,6679,801
Interest Receivable114,37163,8312,6633,00925,04322,9636,4043,8856,0196,2625,5276,8746,6443,59610,386
Pre-Tax Profit960,1751,834,500-261,213-1,334,434356,694183,260379,054284,344445,488572,299154,634109,605689,014774,243458,981
Tax-240,044-348,55500-67,772-34,819-72,020-56,869-89,097-120,183-35,566-26,305-179,144-216,788-101,679
Profit After Tax720,1311,485,945-261,213-1,334,434288,922148,441307,034227,475356,390452,116119,06883,300509,870557,455357,302
Dividends Paid0000000000000082,386
Retained Profit720,1311,485,945-261,213-1,334,434288,922148,441307,034227,475356,390452,116119,06883,300509,870557,455274,916
Employee Costs1,467,7551,646,8801,584,472479,725385,814340,6251,206,064663,2311,441,5141,265,2851,056,803684,424915,5861,294,5760
Number Of Employees303636119830173734291926380
EBITDA*1,291,8562,305,25246,763-1,075,992487,634338,762520,471404,013563,489669,117224,488184,866727,657831,516491,635

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets998,2021,096,644530,886706,125283,041279,645336,318357,121424,188507,030373,445266,783146,317163,919610,334
Intangible Assets000000000003,1509,45015,75022,050
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets998,2021,096,644530,886706,125283,041279,645336,318357,121424,188507,030373,445269,933155,767179,669632,384
Stock & work in progress000000000000000
Trade Debtors966,945401,0071,367,8571,858,8571,736,7681,409,878715,318571,8942,044,8071,227,027955,468608,927505,366735,5730
Group Debtors3,652,4532,250,9622,319,4312,359,7181,668,7121,558,9571,850,751618,7510000000
Misc Debtors941,5022,603,9602,015,6621,276,80069,29861,95039,445642148,789000000
Cash1,532,5522,824,4242,849,4662,477,3383,540,6373,137,4462,985,9882,137,515970,4991,436,9261,067,9061,143,0111,606,4411,051,305387,017
misc current assets00000000000000537,758
total current assets7,093,4528,080,3538,552,4167,972,7137,015,4156,168,2315,591,5023,328,8023,164,0952,663,9532,023,3741,751,9382,111,8071,786,878924,775
total assets8,091,6549,176,9979,083,3028,678,8387,298,4566,447,8765,927,8203,685,9233,588,2833,170,9832,396,8192,021,8712,267,5741,966,5471,557,159
Bank overdraft0137,12678,12978,12949,4280000000000
Bank loan0000052,28752,287000000022,537
Trade Creditors 1,909,8261,443,6442,184,8413,069,3831,950,3831,381,720837,927289,23962,646676,685477,426276,823605,826814,669502,080
Group/Directors Accounts0003,3300179,40752163182000000
other short term finances000000000000000
hp & lease commitments268,408100,45610,82451,96212,10826,07748,03758,08541,930000000
other current liabilities1,298,6091,635,7502,639,1921,139,021463,386221,693433,614307,691665,14800000101,679
total current liabilities3,476,8433,316,9764,912,9864,341,8252,475,3051,861,1841,371,917655,178769,906676,685477,426276,823605,826814,669626,296
loans01,877,4172,005,1181,804,4971,116,4421,163,0121,258,3220000000336,440
hp & lease commitments110,337250,92915,728117,49412,88629,71144,52084,71091,675000000
Accruals and Deferred Income000000000000000
other liabilities000000000129,35516,3670000
provisions249,551196,883100,623104,96249,32938,39745,93045,93854,08048,71138,9100000
total long term liabilities359,8882,325,2292,121,4692,026,9531,178,6571,231,1201,348,772130,648145,755178,06655,277000336,440
total liabilities3,836,7315,642,2057,034,4556,368,7783,653,9623,092,3042,720,689785,826915,661854,751532,703276,823605,826814,669962,736
net assets4,254,9233,534,7922,048,8472,310,0603,644,4943,355,5723,207,1312,900,0972,672,6222,316,2321,864,1161,745,0481,661,7481,151,878594,423
total shareholders funds4,254,9233,534,7922,048,8472,310,0603,644,4943,355,5723,207,1312,900,0972,672,6222,316,2321,864,1161,745,0481,661,7481,151,878594,423
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit959,1221,939,703-142,917-1,244,464412,015245,547413,606280,459439,469566,037149,106102,732682,369782,314458,396
Depreciation332,734365,549189,680168,47275,61993,215106,865123,554124,020103,08072,23275,83445,28842,90226,939
Amortisation00000000003,1506,30006,3006,300
Tax-240,044-348,55500-67,772-34,819-72,020-56,869-89,097-120,183-35,566-26,305-179,144-216,788-101,679
Stock000000000000000
Debtors304,971-447,021207,5752,020,597443,993425,2711,414,227-1,002,309966,569271,559346,541103,561-230,207735,5730
Creditors466,182-741,197-884,5421,119,000568,663543,793548,688226,593-614,039199,259200,603-329,003-208,843312,589502,080
Accruals and Deferred Income-337,141-1,003,4421,500,171675,635241,693-211,921125,923-357,457665,1480000-101,679101,679
Deferred Taxes & Provisions52,66896,260-4,33955,63310,932-7,533-8-8,1425,3699,80138,9100000
Cash flow from operations928,550755,339450,478-1,246,321797,157203,011-291,1731,210,447-435,699486,43581,894-274,003569,87790,065993,715
Investing Activities
capital expenditure-234,292-931,307-14,441-591,556-79,015-36,542-86,062-56,487-41,178-236,665-178,894-196,300-21,386403,513-665,623
Change in Investments000000000000000
cash flow from investments-234,292-931,307-14,441-591,556-79,015-36,542-86,062-56,487-41,178-236,665-178,894-196,300-21,386403,513-665,623
Financing Activities
Bank loans0000-52,287052,287000000-22,53722,537
Group/Directors Accounts00-3,3303,330-179,407179,355-111-19182000000
Other Short Term Loans 000000000000000
Long term loans-1,877,417-127,701200,621688,055-46,570-95,3101,258,322000000-336,440336,440
Hire Purchase and Lease Commitments27,360324,833-142,904144,462-30,794-36,769-50,2389,190133,605000000
other long term liabilities00000000-129,355112,98816,3670000
share issue00000000000000319,507
interest1,053-105,203-118,296-89,970-55,321-62,286-34,5533,8856,0196,2625,5276,8746,644-8,071585
cash flow from financing-1,849,00491,929-63,909745,877-364,379-15,0101,225,70713,05610,451119,25021,8946,8746,644-367,048679,069
cash and cash equivalents
cash-1,291,872-25,042372,128-1,063,299403,191151,458848,4731,167,016-466,427369,020-75,105-463,430555,136664,288387,017
overdraft-137,12658,997028,70149,4280000000000
change in cash-1,154,746-84,039372,128-1,092,000353,763151,458848,4731,167,016-466,427369,020-75,105-463,430555,136664,288387,017

sian formwork limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sian Formwork Limited Competitor Analysis

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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 Shareholders

sian group holdings ltd 100%

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).

officercountryagestartendrole
Mr Ajit SianEngland51 years Sep 2010- Director
Mr Jugjit SianEngland49 years Sep 2010- Director

P&L

October 2023

turnover

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 2023

net 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

None

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.

Click to start generating capital raising & share issue transactions for SIAN FORMWORK LIMITED. This can take several minutes, an email will notify you when this has completed.

sian formwork limited Companies House Filings - See Documents

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