sime & sime limited
sime & sime limited Company Information
Company Number
08934748
Website
www.sime.co.ukRegistered Address
12-14 middle gate, newark, nottinghamshire, NG24 1AG
Industry
Real estate agencies
Telephone
03459011114
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
judith michelle sime 50%
niel john sime 50%
sime & sime limited Estimated Valuation
Pomanda estimates the enterprise value of SIME & SIME LIMITED at £877.7k based on a Turnover of £461.5k and 1.9x industry multiple (adjusted for size and gross margin).
sime & sime limited Estimated Valuation
Pomanda estimates the enterprise value of SIME & SIME LIMITED at £0 based on an EBITDA of £-33.7k and a 6.88x industry multiple (adjusted for size and gross margin).
sime & sime limited Estimated Valuation
Pomanda estimates the enterprise value of SIME & SIME LIMITED at £656.4k based on Net Assets of £359.3k and 1.83x industry multiple (adjusted for liquidity).
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Sime & Sime Limited Overview
Sime & Sime Limited is a live company located in nottinghamshire, NG24 1AG with a Companies House number of 08934748. It operates in the real estate agencies sector, SIC Code 68310. Founded in March 2014, it's largest shareholder is judith michelle sime with a 50% stake. Sime & Sime Limited is a established, micro sized company, Pomanda has estimated its turnover at £461.5k with declining growth in recent years.
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Sime & Sime Limited Health Check
Pomanda's financial health check has awarded Sime & Sime Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £461.5k, make it smaller than the average company (£1.2m)
- Sime & Sime Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5%)
- Sime & Sime Limited
5% - Industry AVG
Production
with a gross margin of 82.4%, this company has a comparable cost of product (82.4%)
- Sime & Sime Limited
82.4% - Industry AVG
Profitability
an operating margin of -10.3% make it less profitable than the average company (9.2%)
- Sime & Sime Limited
9.2% - Industry AVG
Employees
with 10 employees, this is below the industry average (15)
10 - Sime & Sime Limited
15 - Industry AVG
Pay Structure
on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)
- Sime & Sime Limited
£37.2k - Industry AVG
Efficiency
resulting in sales per employee of £46.2k, this is less efficient (£79.4k)
- Sime & Sime Limited
£79.4k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (33 days)
- Sime & Sime Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (43 days)
- Sime & Sime Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sime & Sime Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 144 weeks, this is more cash available to meet short term requirements (32 weeks)
144 weeks - Sime & Sime Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.7%, this is a lower level of debt than the average (62.7%)
29.7% - Sime & Sime Limited
62.7% - Industry AVG
SIME & SIME LIMITED financials
Sime & Sime Limited's latest turnover from May 2023 is estimated at £461.5 thousand and the company has net assets of £359.3 thousand. According to their latest financial statements, Sime & Sime Limited has 10 employees and maintains cash reserves of £421.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 10 | 11 | 12 | 11 | 10 | 12 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 61,226 | 28,429 | 32,849 | 16,082 | 17,452 | 6,997 | 6,867 | 6,814 | 8,569 |
| Intangible Assets | 2,641 | 3,141 | 3,641 | 4,177 | 4,641 | 204,159 | 409,839 | 614,758 | 819,677 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 63,867 | 31,570 | 36,490 | 20,259 | 22,093 | 211,156 | 416,706 | 621,572 | 828,246 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 17,935 | 46,699 | 64,005 | 14,698 | 26,577 | 30,165 | 22,509 | 30,297 | 37,861 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,142 | 24,088 | 14,304 | 28,343 | 21,828 | 27,596 | 30,158 | 18,375 | 0 |
| Cash | 421,167 | 498,314 | 548,610 | 424,412 | 355,218 | 192,309 | 215,768 | 245,906 | 216,289 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 447,244 | 569,101 | 626,919 | 467,453 | 403,623 | 250,070 | 268,435 | 294,578 | 254,150 |
| total assets | 511,111 | 600,671 | 663,409 | 487,712 | 425,716 | 461,226 | 685,141 | 916,150 | 1,082,396 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,407 | 20,291 | 8,026 | 14,640 | 13,537 | 25,554 | 19,189 | 5,007 | 1,045,744 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 136,415 | 194,301 | 335,212 | 338,109 | 364,242 | 396,529 | 563,962 | 800,839 | 0 |
| total current liabilities | 151,822 | 214,592 | 343,238 | 352,749 | 377,779 | 422,083 | 583,151 | 805,846 | 1,045,744 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 952 | 750 | 509 | 304 | 78 | 148 |
| total long term liabilities | 0 | 0 | 0 | 952 | 750 | 509 | 304 | 78 | 148 |
| total liabilities | 151,822 | 214,592 | 343,238 | 353,701 | 378,529 | 422,592 | 583,455 | 805,924 | 1,045,892 |
| net assets | 359,289 | 386,079 | 320,171 | 134,011 | 47,187 | 38,634 | 101,686 | 110,226 | 36,504 |
| total shareholders funds | 359,289 | 386,079 | 320,171 | 134,011 | 47,187 | 38,634 | 101,686 | 110,226 | 36,504 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 13,256 | 10,962 | 13,311 | 6,549 | 3,722 | 2,702 | 3,232 | 2,978 | 2,876 |
| Amortisation | 500 | 500 | 536 | 464 | 359 | 205,680 | 204,919 | 204,919 | 204,919 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -44,710 | -7,522 | 35,268 | -5,364 | -9,356 | 5,094 | 3,995 | 10,811 | 37,861 |
| Creditors | -4,884 | 12,265 | -6,614 | 1,103 | -12,017 | 6,365 | 14,182 | -1,040,737 | 1,045,744 |
| Accruals and Deferred Income | -57,886 | -140,911 | -2,897 | -26,133 | -32,287 | -167,433 | -236,877 | 800,839 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -952 | 202 | 241 | 205 | 226 | -70 | 148 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -77,147 | -50,296 | 124,198 | 69,194 | 162,909 | -23,459 | -30,138 | 29,617 | 216,289 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -77,147 | -50,296 | 124,198 | 69,194 | 162,909 | -23,459 | -30,138 | 29,617 | 216,289 |
sime & sime limited Credit Report and Business Information
Sime & Sime Limited Competitor Analysis
Perform a competitor analysis for sime & sime limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NG24 area or any other competitors across 12 key performance metrics.
sime & sime limited Ownership
SIME & SIME LIMITED group structure
Sime & Sime Limited has no subsidiary companies.
Ultimate parent company
SIME & SIME LIMITED
08934748
sime & sime limited directors
Sime & Sime Limited currently has 2 directors. The longest serving directors include Mrs Judith Sime (Apr 2014) and Mr Neil Sime (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Judith Sime | England | 55 years | Apr 2014 | - | Director |
| Mr Neil Sime | 51 years | Apr 2014 | - | Director |
P&L
May 2023turnover
461.5k
-34%
operating profit
-47.5k
0%
gross margin
82.5%
-4.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
359.3k
-0.07%
total assets
511.1k
-0.15%
cash
421.2k
-0.15%
net assets
Total assets minus all liabilities
sime & sime limited company details
company number
08934748
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
incorporation date
March 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
wilchap (lincoln) 102 limited (April 2014)
last accounts submitted
May 2023
address
12-14 middle gate, newark, nottinghamshire, NG24 1AG
accountant
WRIGHT VIGAR LTD
auditor
-
sime & sime 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 sime & sime limited.
sime & sime limited Companies House Filings - See Documents
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