si-bone uk ltd
si-bone uk ltd Company Information
Company Number
09719342
Website
http://si-bone.comRegistered Address
c/o medddbase uk limited, building 81, thatcham, RG19 6HW
Industry
Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
Telephone
01423860025
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
si-bone srl 100%
si-bone uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SI-BONE UK LTD at £726.9k based on a Turnover of £2.2m and 0.33x industry multiple (adjusted for size and gross margin).
si-bone uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SI-BONE UK LTD at £276.2k based on an EBITDA of £60.6k and a 4.55x industry multiple (adjusted for size and gross margin).
si-bone uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SI-BONE UK LTD at £0 based on Net Assets of £-433.4k and 2.48x industry multiple (adjusted for liquidity).
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Si-bone Uk Ltd Overview
Si-bone Uk Ltd is a live company located in thatcham, RG19 6HW with a Companies House number of 09719342. It operates in the retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. sector, SIC Code 47749. Founded in August 2015, it's largest shareholder is si-bone srl with a 100% stake. Si-bone Uk Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.
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Si-bone Uk Ltd Health Check
Pomanda's financial health check has awarded Si-Bone Uk Ltd a 3.5 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
3 Regular
5 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£11.8m)
- Si-bone Uk Ltd
£11.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (8.7%)
- Si-bone Uk Ltd
8.7% - Industry AVG
Production
with a gross margin of 39.6%, this company has a comparable cost of product (39.6%)
- Si-bone Uk Ltd
39.6% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (6.3%)
- Si-bone Uk Ltd
6.3% - Industry AVG
Employees
with 8 employees, this is below the industry average (30)
8 - Si-bone Uk Ltd
30 - Industry AVG
Pay Structure
on an average salary of £55.5k, the company has an equivalent pay structure (£55.5k)
- Si-bone Uk Ltd
£55.5k - Industry AVG
Efficiency
resulting in sales per employee of £276.9k, this is equally as efficient (£286.2k)
- Si-bone Uk Ltd
£286.2k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is earlier than average (53 days)
- Si-bone Uk Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 183 days, this is slower than average (31 days)
- Si-bone Uk Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 37 days, this is less than average (69 days)
- Si-bone Uk Ltd
69 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (17 weeks)
3 weeks - Si-bone Uk Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 192%, this is a higher level of debt than the average (48.1%)
192% - Si-bone Uk Ltd
48.1% - Industry AVG
SI-BONE UK LTD financials
Si-Bone Uk Ltd's latest turnover from December 2023 is estimated at £2.2 million and the company has net assets of -£433.4 thousand. According to their latest financial statements, Si-Bone Uk Ltd has 8 employees and maintains cash reserves of £63.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 814,330 | 678,747 | 511,024 | 307,066 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 143,860 | 141,363 | 86,531 | 34,174 | |||||
| Gross Profit | 670,470 | 537,384 | 424,493 | 272,892 | |||||
| Admin Expenses | 653,397 | 816,488 | 443,536 | 311,259 | |||||
| Operating Profit | 17,073 | -279,104 | -19,043 | -38,367 | |||||
| Interest Payable | 786 | 9,522 | 526 | 159 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 16,287 | -288,626 | -22,170 | -54,427 | |||||
| Tax | 0 | 0 | 0 | 0 | |||||
| Profit After Tax | 16,287 | -288,626 | -22,170 | -54,427 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 16,287 | -288,626 | -22,170 | -54,427 | |||||
| Employee Costs | 718,518 | 595,441 | 412,514 | 376,758 | |||||
| Number Of Employees | 8 | 8 | 11 | 10 | 8 | 7 | 6 | 6 | |
| EBITDA* | 84,082 | -262,548 | -8,924 | -34,231 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,392 | 37,938 | 87,443 | 85,863 | 76,638 | 23,693 | 18,339 | 12,062 | 16,197 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 29,392 | 37,938 | 87,443 | 85,863 | 76,638 | 23,693 | 18,339 | 12,062 | 16,197 |
| Stock & work in progress | 136,881 | 102,788 | 130,470 | 128,553 | 100,137 | 82,673 | 50,506 | 34,849 | 27,158 |
| Trade Debtors | 227,628 | 147,197 | 186,565 | 148,804 | 277,424 | 195,795 | 176,628 | 93,234 | 79,728 |
| Group Debtors | 0 | 0 | 4,130 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,488 | 50,290 | 31,642 | 34,973 | 30,524 | 20,187 | 14,951 | 32,277 | 0 |
| Cash | 63,706 | 23,280 | 80,443 | 85,610 | 93,411 | 5,586 | 18,717 | 44,938 | 13,140 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 441,703 | 323,555 | 433,250 | 397,940 | 501,496 | 304,241 | 260,802 | 205,298 | 120,026 |
| total assets | 471,095 | 361,493 | 520,693 | 483,803 | 578,134 | 327,934 | 279,141 | 217,360 | 136,223 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 673,140 | 25,544 | 29,803 | 28,542 | 542,446 | 389,430 | 284,408 | 41,213 | 18,678 |
| Group/Directors Accounts | 14,952 | 590,280 | 756,813 | 681,308 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 13,773 | 13,204 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 199,939 | 173,022 | 161,760 | 218,121 | 193,601 | 78,664 | 77,427 | 43,741 | 0 |
| total current liabilities | 901,804 | 802,050 | 948,376 | 927,971 | 736,047 | 468,094 | 361,835 | 84,954 | 18,678 |
| loans | 0 | 0 | 41,954 | 41,756 | 39,385 | 0 | 0 | 192,930 | 0 |
| hp & lease commitments | 0 | 11,654 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,649 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 123,642 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,649 | 11,654 | 41,954 | 41,756 | 39,385 | 0 | 0 | 192,930 | 123,642 |
| total liabilities | 904,453 | 813,704 | 990,330 | 969,727 | 775,432 | 468,094 | 361,835 | 277,884 | 142,320 |
| net assets | -433,358 | -452,211 | -469,637 | -485,924 | -197,298 | -140,160 | -82,694 | -60,524 | -6,097 |
| total shareholders funds | -433,358 | -452,211 | -469,637 | -485,924 | -197,298 | -140,160 | -82,694 | -60,524 | -6,097 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 17,073 | -279,104 | -19,043 | -38,367 | |||||
| Depreciation | 37,684 | 44,268 | 67,009 | 16,556 | 32,068 | 727 | 10,119 | 4,136 | 345 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | |||||
| Stock | 34,093 | -27,682 | 1,917 | 28,416 | 17,464 | 32,167 | 15,657 | 7,691 | 27,158 |
| Debtors | 43,629 | -24,850 | 38,560 | -124,171 | 91,966 | 24,403 | 66,068 | 45,783 | 79,728 |
| Creditors | 647,596 | -4,259 | 1,261 | -513,904 | 153,016 | 105,022 | 243,195 | 22,535 | 18,678 |
| Accruals and Deferred Income | 26,917 | 11,262 | -56,361 | 24,520 | 114,937 | 1,237 | 33,686 | 43,741 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -11,495 | -656,177 | 186,232 | -21,429 | |||||
| Investing Activities | |||||||||
| capital expenditure | 0 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | ||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -575,328 | -166,533 | 75,505 | 681,308 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -41,954 | 198 | 2,371 | 39,385 | 0 | -192,930 | 192,930 | 0 |
| Hire Purchase and Lease Commitments | -11,085 | 24,858 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 2,649 | 0 | 0 | 0 | 0 | 0 | 0 | -123,642 | 123,642 |
| share issue | |||||||||
| interest | -786 | -9,522 | -526 | -159 | |||||
| cash flow from financing | 74,917 | 674,157 | -193,456 | 69,129 | |||||
| cash and cash equivalents | |||||||||
| cash | 40,426 | -57,163 | -5,167 | -7,801 | 87,825 | -13,131 | -26,221 | 31,798 | 13,140 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 40,426 | -57,163 | -5,167 | -7,801 | 87,825 | -13,131 | -26,221 | 31,798 | 13,140 |
si-bone uk ltd Credit Report and Business Information
Si-bone Uk Ltd Competitor Analysis
Perform a competitor analysis for si-bone uk ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in RG19 area or any other competitors across 12 key performance metrics.
si-bone uk ltd Ownership
SI-BONE UK LTD group structure
Si-Bone Uk Ltd has no subsidiary companies.
Ultimate parent company
SI-BONE INC
#0124911
SI-BONE SRL
#0104501
2 parents
SI-BONE UK LTD
09719342
si-bone uk ltd directors
Si-Bone Uk Ltd currently has 4 directors. The longest serving directors include Mr Ian Philpott (Jan 2022) and Mr Anshul Maheshwari (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Philpott | England | 59 years | Jan 2022 | - | Director |
| Mr Anshul Maheshwari | England | 45 years | Jan 2022 | - | Director |
| Mr Michael Pisetsky | England | 46 years | Jan 2022 | - | Director |
| Mr Neville Lorimer | England | 44 years | Oct 2022 | - | Director |
P&L
December 2023turnover
2.2m
+118%
operating profit
23k
0%
gross margin
39.7%
-2.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-433.4k
-0.04%
total assets
471.1k
+0.3%
cash
63.7k
+1.74%
net assets
Total assets minus all liabilities
Similar Companies
si-bone uk ltd company details
company number
09719342
Type
Private limited with Share Capital
industry
47749 - Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
incorporation date
August 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
AXIOM ACCOUNTING 39 LIMITED
auditor
-
address
c/o medddbase uk limited, building 81, thatcham, RG19 6HW
Bank
-
Legal Advisor
-
si-bone uk ltd 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 si-bone uk ltd.
si-bone uk ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
