sims weddings and workshops limited
sims weddings and workshops limited Company Information
Company Number
09938007
Next Accounts
140 days late
Directors
Shareholders
neil shucksmith
andrea shucksmith
View AllGroup Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
94-96 oswald road, scunthorpe, DN15 7PA
Website
simsflowers.co.uksims weddings and workshops limited Estimated Valuation
Pomanda estimates the enterprise value of SIMS WEDDINGS AND WORKSHOPS LIMITED at £54.9k based on a Turnover of £192.1k and 0.29x industry multiple (adjusted for size and gross margin).
sims weddings and workshops limited Estimated Valuation
Pomanda estimates the enterprise value of SIMS WEDDINGS AND WORKSHOPS LIMITED at £0 based on an EBITDA of £-16.8k and a 2.98x industry multiple (adjusted for size and gross margin).
sims weddings and workshops limited Estimated Valuation
Pomanda estimates the enterprise value of SIMS WEDDINGS AND WORKSHOPS LIMITED at £0 based on Net Assets of £-62.4k and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sims Weddings And Workshops Limited Overview
Sims Weddings And Workshops Limited is a live company located in scunthorpe, DN15 7PA with a Companies House number of 09938007. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in January 2016, it's largest shareholder is neil shucksmith with a 33.3% stake. Sims Weddings And Workshops Limited is a young, micro sized company, Pomanda has estimated its turnover at £192.1k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Sims Weddings And Workshops Limited Health Check
Pomanda's financial health check has awarded Sims Weddings And Workshops Limited a 1.5 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
2 Strong
1 Regular
6 Weak
Size
annual sales of £192.1k, make it smaller than the average company (£1.1m)
- Sims Weddings And Workshops Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (4.3%)
- Sims Weddings And Workshops Limited
4.3% - Industry AVG
Production
with a gross margin of 18.7%, this company has a higher cost of product (32.5%)
- Sims Weddings And Workshops Limited
32.5% - Industry AVG
Profitability
an operating margin of -8.7% make it less profitable than the average company (5.3%)
- Sims Weddings And Workshops Limited
5.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Sims Weddings And Workshops Limited
10 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£34k)
- Sims Weddings And Workshops Limited
£34k - Industry AVG
Efficiency
resulting in sales per employee of £96.1k, this is less efficient (£207.4k)
- Sims Weddings And Workshops Limited
£207.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sims Weddings And Workshops Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 145 days, this is slower than average (40 days)
- Sims Weddings And Workshops Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sims Weddings And Workshops Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sims Weddings And Workshops Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 367017.7%, this is a higher level of debt than the average (66.1%)
367017.7% - Sims Weddings And Workshops Limited
66.1% - Industry AVG
SIMS WEDDINGS AND WORKSHOPS LIMITED financials
Sims Weddings And Workshops Limited's latest turnover from January 2023 is estimated at £192.1 thousand and the company has net assets of -£62.4 thousand. According to their latest financial statements, Sims Weddings And Workshops Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 17 | 3,717 | |||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 17 | 3,717 | |||||
| Stock & work in progress | 500 | ||||||
| Trade Debtors | 12,833 | 12,910 | 7,552 | 4,972 | 5,000 | ||
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | 565 | ||||||
| misc current assets | |||||||
| total current assets | 12,833 | 12,910 | 7,552 | 4,972 | 6,065 | ||
| total assets | 17 | 3,717 | 12,833 | 12,910 | 7,552 | 4,972 | 6,065 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 62,393 | 49,339 | 52,516 | 51,934 | 47,833 | 34,711 | 16,268 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 62,393 | 49,339 | 52,516 | 51,934 | 47,833 | 34,711 | 16,268 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 62,393 | 49,339 | 52,516 | 51,934 | 47,833 | 34,711 | 16,268 |
| net assets | -62,376 | -45,622 | -39,683 | -39,024 | -40,281 | -29,739 | -10,203 |
| total shareholders funds | -62,376 | -45,622 | -39,683 | -39,024 | -40,281 | -29,739 | -10,203 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -500 | 500 | |||||
| Debtors | -12,833 | -77 | 5,358 | 2,580 | -28 | 5,000 | |
| Creditors | 13,054 | -3,177 | 582 | 4,101 | 13,122 | 18,443 | 16,268 |
| Accruals and Deferred Income | |||||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -565 | 565 | |||||
| overdraft | |||||||
| change in cash | -565 | 565 |
sims weddings and workshops limited Credit Report and Business Information
Sims Weddings And Workshops Limited Competitor Analysis
Perform a competitor analysis for sims weddings and workshops limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DN15 area or any other competitors across 12 key performance metrics.
sims weddings and workshops limited Ownership
SIMS WEDDINGS AND WORKSHOPS LIMITED group structure
Sims Weddings And Workshops Limited has no subsidiary companies.
Ultimate parent company
SIMS WEDDINGS AND WORKSHOPS LIMITED
09938007
sims weddings and workshops limited directors
Sims Weddings And Workshops Limited currently has 1 director, Mr Neil Shucksmith serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Shucksmith | 56 years | Jan 2016 | - | Director |
P&L
January 2023turnover
192.1k
+10%
operating profit
-16.8k
0%
gross margin
18.7%
+9.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-62.4k
+0.37%
total assets
17
-1%
cash
0
0%
net assets
Total assets minus all liabilities
sims weddings and workshops limited company details
company number
09938007
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2023
previous names
sims flowers online limited (September 2019)
accountant
-
auditor
-
address
94-96 oswald road, scunthorpe, DN15 7PA
Bank
-
Legal Advisor
-
sims weddings and workshops 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 sims weddings and workshops limited.
sims weddings and workshops 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 SIMS WEDDINGS AND WORKSHOPS LIMITED. This can take several minutes, an email will notify you when this has completed.
sims weddings and workshops limited Companies House Filings - See Documents
| date | description | view/download |
|---|
