southgate engineers limited
southgate engineers limited Company Information
Company Number
09433521
Next Accounts
Jan 2025
Industry
Construction of domestic buildings
Directors
Shareholders
lalith abeydeera
jgd sakunthala abeydeera
Group Structure
View All
Contact
Registered Address
143 long leys road, lincoln, LN1 1EW
Website
-southgate engineers limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHGATE ENGINEERS LIMITED at £1.3k based on a Turnover of £2.7k and 0.46x industry multiple (adjusted for size and gross margin).
southgate engineers limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHGATE ENGINEERS LIMITED at £0 based on an EBITDA of £-2.6k and a 3.76x industry multiple (adjusted for size and gross margin).
southgate engineers limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHGATE ENGINEERS LIMITED at £0 based on Net Assets of £-4.8k and 1.47x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Southgate Engineers Limited Overview
Southgate Engineers Limited is a dissolved company that was located in lincoln, LN1 1EW with a Companies House number of 09433521. It operated in the construction of domestic buildings sector, SIC Code 41202. Founded in February 2015, it's largest shareholder was lalith abeydeera with a 50% stake. The last turnover for Southgate Engineers Limited was estimated at £2.7k.
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Southgate Engineers Limited Health Check
Pomanda's financial health check has awarded Southgate Engineers Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £2.7k, make it smaller than the average company (£639.3k)
- Southgate Engineers Limited
£639.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -66%, show it is growing at a slower rate (7.2%)
- Southgate Engineers Limited
7.2% - Industry AVG
Production
with a gross margin of 20.1%, this company has a comparable cost of product (20.1%)
- Southgate Engineers Limited
20.1% - Industry AVG
Profitability
an operating margin of -93.5% make it less profitable than the average company (7.7%)
- Southgate Engineers Limited
7.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Southgate Engineers Limited
4 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)
- Southgate Engineers Limited
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.7k, this is less efficient (£234.2k)
- Southgate Engineers Limited
£234.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Southgate Engineers Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (30 days)
- Southgate Engineers Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Southgate Engineers Limited
- - Industry AVG
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 - Southgate Engineers Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 344.8%, this is a higher level of debt than the average (72.6%)
344.8% - Southgate Engineers Limited
72.6% - Industry AVG
SOUTHGATE ENGINEERS LIMITED financials
Southgate Engineers Limited's latest turnover from June 2022 is estimated at £2.7 thousand and the company has net assets of -£4.8 thousand. According to their latest financial statements, we estimate that Southgate Engineers Limited has 1 employee and maintains cash reserves of £8 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,843 | 2,953 | 3,937 | 5,250 | 7,000 | 9,333 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 1,843 | 2,953 | 3,937 | 5,250 | 7,000 | 9,333 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 8 | 8 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,942 | 3,406 | 35,641 | 12,370 | 16,609 | 4,043 | 0 |
| Cash | 8 | 8 | 1,989 | 165 | 642 | 5,270 | 3,541 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,950 | 3,414 | 37,630 | 12,543 | 17,259 | 9,313 | 3,541 |
| total assets | 1,950 | 5,257 | 40,583 | 16,480 | 22,509 | 16,313 | 12,874 |
| Bank overdraft | 0 | 0 | 392 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 288 | 706 | 640 | 666 | 877 | 200 | 400 |
| Group/Directors Accounts | 1,793 | 0 | 0 | 106 | 0 | 35 | 99 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,643 | 6,756 | 15,264 | 14,059 | 14,930 | 9,844 | 5,332 |
| total current liabilities | 6,724 | 7,462 | 16,296 | 14,831 | 15,807 | 10,079 | 5,831 |
| loans | 0 | 0 | 23,108 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 23,108 | 0 | 0 | 0 | 0 |
| total liabilities | 6,724 | 7,462 | 39,404 | 14,831 | 15,807 | 10,079 | 5,831 |
| net assets | -4,774 | -2,205 | 1,179 | 1,649 | 6,702 | 6,234 | 7,043 |
| total shareholders funds | -4,774 | -2,205 | 1,179 | 1,649 | 6,702 | 6,234 | 7,043 |
| Jun 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 1,110 | 984 | 1,313 | 1,750 | 2,333 | 4,667 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,464 | -32,235 | 23,263 | -4,239 | 12,574 | 4,043 | 0 |
| Creditors | -418 | 66 | -26 | -211 | 677 | -200 | 400 |
| Accruals and Deferred Income | -2,113 | -8,508 | 1,205 | -871 | 5,086 | 4,512 | 5,332 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,793 | 0 | -106 | 106 | -35 | -64 | 99 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -23,108 | 23,108 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | -1,981 | 1,824 | -477 | -4,628 | 1,729 | 3,541 |
| overdraft | 0 | -392 | 392 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -1,589 | 1,432 | -477 | -4,628 | 1,729 | 3,541 |
southgate engineers limited Credit Report and Business Information
Southgate Engineers Limited Competitor Analysis
Perform a competitor analysis for southgate engineers limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in LN1 area or any other competitors across 12 key performance metrics.
southgate engineers limited Ownership
SOUTHGATE ENGINEERS LIMITED group structure
Southgate Engineers Limited has no subsidiary companies.
Ultimate parent company
SOUTHGATE ENGINEERS LIMITED
09433521
southgate engineers limited directors
Southgate Engineers Limited currently has 1 director, Mr Lalith Abeydeera serving since Feb 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lalith Abeydeera | England | 62 years | Feb 2015 | - | Director |
P&L
June 2022turnover
2.7k
-99%
operating profit
-2.6k
0%
gross margin
20.1%
+9.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
-4.8k
+1.17%
total assets
2k
-0.63%
cash
8
0%
net assets
Total assets minus all liabilities
southgate engineers limited company details
company number
09433521
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2022
previous names
N/A
accountant
-
auditor
-
address
143 long leys road, lincoln, LN1 1EW
Bank
-
Legal Advisor
-
southgate engineers 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 southgate engineers limited.
southgate engineers 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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southgate engineers limited Companies House Filings - See Documents
| date | description | view/download |
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