shore associates ltd
shore associates ltd Company Information
Company Number
09973120
Website
shoreassociatesltd.co.ukRegistered Address
93 tabernacle street, london, EC2A 4BA
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Development of building projects
Telephone
441580443434
Next Accounts Due
October 2025
Group Structure
View All
Shareholders
stephen mark shore 50%
jennifer shore 50%
shore associates ltd Estimated Valuation
Pomanda estimates the enterprise value of SHORE ASSOCIATES LTD at £54.9k based on a Turnover of £136.1k and 0.4x industry multiple (adjusted for size and gross margin).
shore associates ltd Estimated Valuation
Pomanda estimates the enterprise value of SHORE ASSOCIATES LTD at £12k based on an EBITDA of £3.7k and a 3.23x industry multiple (adjusted for size and gross margin).
shore associates ltd Estimated Valuation
Pomanda estimates the enterprise value of SHORE ASSOCIATES LTD at £307 based on Net Assets of £137 and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Shore Associates Ltd Overview
Shore Associates Ltd is a live company located in london, EC2A 4BA with a Companies House number of 09973120. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2016, it's largest shareholder is stephen mark shore with a 50% stake. Shore Associates Ltd is a young, micro sized company, Pomanda has estimated its turnover at £136.1k with declining growth in recent years.
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Shore Associates Ltd Health Check
Pomanda's financial health check has awarded Shore Associates Ltd 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 £136.1k, make it smaller than the average company (£2.5m)
- Shore Associates Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7.2%)
- Shore Associates Ltd
7.2% - Industry AVG
Production
with a gross margin of 14.4%, this company has a higher cost of product (29.3%)
- Shore Associates Ltd
29.3% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (6.6%)
- Shore Associates Ltd
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Shore Associates Ltd
15 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)
- Shore Associates Ltd
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £45.4k, this is less efficient (£204.8k)
- Shore Associates Ltd
£204.8k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (48 days)
- Shore Associates Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (30 days)
- Shore Associates Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Shore Associates Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Shore Associates Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (65.6%)
99.4% - Shore Associates Ltd
65.6% - Industry AVG
SHORE ASSOCIATES LTD financials
Shore Associates Ltd's latest turnover from January 2024 is estimated at £136.1 thousand and the company has net assets of £137. According to their latest financial statements, Shore Associates Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | 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 | 3 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,757 | 3,676 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,757 | 3,676 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,141 | 6,750 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 2 | 2 | 2 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,141 | 6,750 | 2 | 2 | 2 | 0 | 0 | 0 |
| total assets | 23,898 | 10,426 | 2 | 2 | 2 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 23,761 | 13,080 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 23,761 | 13,080 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 23,761 | 13,080 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 137 | -2,654 | 2 | 2 | 2 | 0 | 0 | 0 |
| total shareholders funds | 137 | -2,654 | 2 | 2 | 2 | 0 | 0 | 0 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 14,391 | 6,750 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 10,681 | 13,080 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | -2 | 0 | 0 | 2 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -2 | 0 | 0 | 2 | 0 | 0 | 0 |
shore associates ltd Credit Report and Business Information
Shore Associates Ltd Competitor Analysis
Perform a competitor analysis for shore associates ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EC2A area or any other competitors across 12 key performance metrics.
shore associates ltd Ownership
SHORE ASSOCIATES LTD group structure
Shore Associates Ltd has no subsidiary companies.
Ultimate parent company
SHORE ASSOCIATES LTD
09973120
shore associates ltd directors
Shore Associates Ltd currently has 2 directors. The longest serving directors include Mr Stephen Shore (Jan 2016) and Mr Garry Featherstone (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Shore | United Kingdom | 59 years | Jan 2016 | - | Director |
| Mr Garry Featherstone | United Kingdom | 58 years | Apr 2024 | - | Director |
P&L
January 2024turnover
136.1k
+91%
operating profit
3.7k
0%
gross margin
14.4%
+5.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
137
-1.05%
total assets
23.9k
+1.29%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
shore associates ltd company details
company number
09973120
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
41100 - Development of building projects
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
RAMON LEE LTD
auditor
-
address
93 tabernacle street, london, EC2A 4BA
Bank
-
Legal Advisor
-
shore associates 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 shore associates ltd.
shore associates ltd Companies House Filings - See Documents
| date | description | view/download |
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