sykes lincoln limited

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sykes lincoln limited Company Information

Share SYKES LINCOLN LIMITED

Company Number

06568112

Shareholders

mr gavin james sykes

mrs alexandra clare sykes

Group Structure

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Industry

Activities of head offices

 

Registered Address

44 mill road, lincoln, LN1 3JJ

sykes lincoln limited Estimated Valuation

£86.3k

Pomanda estimates the enterprise value of SYKES LINCOLN LIMITED at £86.3k based on a Turnover of £226.7k and 0.38x industry multiple (adjusted for size and gross margin).

sykes lincoln limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SYKES LINCOLN LIMITED at £0 based on an EBITDA of £0 and a 2.91x industry multiple (adjusted for size and gross margin).

sykes lincoln limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of SYKES LINCOLN LIMITED at £1.7m based on Net Assets of £863k and 1.99x industry multiple (adjusted for liquidity).

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Sykes Lincoln Limited Overview

Sykes Lincoln Limited is a live company located in lincoln, LN1 3JJ with a Companies House number of 06568112. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2008, it's largest shareholder is mr gavin james sykes with a 97.5% stake. Sykes Lincoln Limited is a established, micro sized company, Pomanda has estimated its turnover at £226.7k with high growth in recent years.

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Sykes Lincoln Limited Health Check

Pomanda's financial health check has awarded Sykes Lincoln Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £226.7k, make it smaller than the average company (£20.7m)

£226.7k - Sykes Lincoln Limited

£20.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (9.7%)

16% - Sykes Lincoln Limited

9.7% - Industry AVG

production

Production

with a gross margin of 19.5%, this company has a higher cost of product (33.4%)

19.5% - Sykes Lincoln Limited

33.4% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (5.8%)

0% - Sykes Lincoln Limited

5.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (113)

2 - Sykes Lincoln Limited

113 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)

£49.1k - Sykes Lincoln Limited

£49.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £113.4k, this is less efficient (£197.9k)

£113.4k - Sykes Lincoln Limited

£197.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Sykes Lincoln Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Sykes Lincoln Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sykes Lincoln Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)

0 weeks - Sykes Lincoln Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (54.5%)

9.6% - Sykes Lincoln Limited

54.5% - Industry AVG

SYKES LINCOLN LIMITED financials

EXPORTms excel logo

Sykes Lincoln Limited's latest turnover from April 2024 is estimated at £226.7 thousand and the company has net assets of £863 thousand. According to their latest financial statements, Sykes Lincoln Limited has 2 employees and maintains cash reserves of £1 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover226,746214,050196,280144,184151,180148,467149,151145,137302,208298,600304,663305,072393,061259,796220,461
Other Income Or Grants
Cost Of Sales182,487173,460159,269118,825122,237120,904121,123117,850244,885244,150251,436252,947325,434214,465181,802
Gross Profit44,26040,59037,01125,35928,94327,56328,02727,28857,32454,45053,22752,12567,62745,33138,659
Admin Expenses44,26040,590631,62625,35928,94327,56328,027-706,80557,32454,45053,22717,06067,62745,331-296,599
Operating Profit-594,615734,09335,065335,258
Interest Payable
Interest Receivable
Pre-Tax Profit-594,615734,09335,065335,258
Tax-139,478-8,065-93,872
Profit After Tax-594,615594,61527,000241,386
Dividends Paid
Retained Profit-594,615594,61527,000241,386
Employee Costs98,28394,22787,61682,14383,16982,06679,67276,99672,59135,39434,92069,23368,15433,63333,243
Number Of Employees222222222112211
EBITDA*-594,615734,09335,065335,258

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets954,675954,675954,675954,675
Intangible Assets
Investments & Other954,675954,675954,675954,675954,675954,675954,675954,675954,675954,675954,675
Debtors (Due After 1 year)
Total Fixed Assets954,675954,675954,675954,675954,675954,675954,675954,675954,675954,675954,675954,675954,675954,675954,675
Stock & work in progress
Trade Debtors11111
Group Debtors
Misc Debtors
Cash1111111111
misc current assets
total current assets111111111111111
total assets954,676954,676954,676954,676954,676954,676954,676954,676954,676954,676954,676954,676954,676954,676954,676
Bank overdraft
Bank loan
Trade Creditors 91,67591,67591,67591,67591,67591,67591,67591,67591,675118,67581,67564,675
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities91,67591,67591,675
total current liabilities91,67591,67591,67591,67591,67591,67591,67591,67591,67591,67591,67591,675118,67581,67564,675
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities37,00054,000
provisions
total long term liabilities37,00054,000
total liabilities91,67591,67591,67591,67591,67591,67591,67591,67591,67591,67591,67591,675118,675118,675118,675
net assets863,001863,001863,001863,001863,001863,001863,001863,001863,001863,001863,001863,001836,001836,001836,001
total shareholders funds863,001863,001863,001863,001863,001863,001863,001863,001863,001863,001863,001863,001836,001836,001836,001
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-594,615734,09335,065335,258
Depreciation
Amortisation
Tax-139,478-8,065-93,872
Stock
Debtors-11
Creditors-91,675-27,00037,00017,00064,675
Accruals and Deferred Income91,675
Deferred Taxes & Provisions
Cash flow from operations-594,614594,61437,00017,000306,061
Investing Activities
capital expenditure954,675-954,675
Change in Investments954,675-954,675954,675
cash flow from investments-954,675
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-37,000-17,00054,000
share issue594,615-594,615594,615
interest
cash flow from financing594,615-594,615-37,000-17,000648,615
cash and cash equivalents
cash1-11
overdraft
change in cash1-11

sykes lincoln 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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Sykes Lincoln Limited Competitor Analysis

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Perform a competitor analysis for sykes lincoln limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in LN1 area or any other competitors across 12 key performance metrics.

sykes lincoln limited Ownership

SYKES LINCOLN LIMITED group structure

Sykes Lincoln Limited has 1 subsidiary company.

Ultimate parent company

SYKES LINCOLN LIMITED

06568112

1 subsidiary

SYKES LINCOLN LIMITED Shareholders

mr gavin james sykes 97.5%
mrs alexandra clare sykes 2.5%

sykes lincoln limited directors

Sykes Lincoln Limited currently has 2 directors. The longest serving directors include Mr Gavin Sykes (Apr 2008) and Mrs Alex Sykes (Jul 2015).

officercountryagestartendrole
Mr Gavin SykesEngland61 years Apr 2008- Director
Mrs Alex SykesEngland56 years Jul 2015- Director

P&L

April 2024

turnover

226.7k

+6%

operating profit

-0.1

0%

gross margin

19.6%

+2.94%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

863k

0%

total assets

954.7k

0%

cash

1

0%

net assets

Total assets minus all liabilities

sykes lincoln limited company details

company number

06568112

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

44 mill road, lincoln, LN1 3JJ

Bank

-

Legal Advisor

-

sykes lincoln 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 sykes lincoln limited.

sykes lincoln 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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sykes lincoln limited Companies House Filings - See Documents

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