Pomanda estimates the enterprise value of SYKE LEGAL ENGINEERING LIMITED at £3.4m based on a Turnover of £7.9m and 0.43x industry multiple (adjusted for size and gross margin).
syke legal engineering limitedEstimated Valuation
£304.5k
Pomanda estimates the enterprise value of SYKE LEGAL ENGINEERING LIMITED at £304.5k based on an EBITDA of £82k and a 3.71x industry multiple (adjusted for size and gross margin).
syke legal engineering limitedEstimated Valuation
£16.1m
Pomanda estimates the enterprise value of SYKE LEGAL ENGINEERING LIMITED at £16.1m based on Net Assets of £6.3m and 2.54x industry multiple (adjusted for liquidity).
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Syke Legal Engineering LimitedOverview
Syke Legal Engineering Limited is a live company located in london, EC1Y 4TY with a Companies House number of 10285816. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2016, it's largest shareholder is
lod (eagle holdco) limited
with a 100% stake. Syke Legal Engineering Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£7.9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Syke Legal Engineering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
1 Regular
4 Weak
Size
annual sales of £12.4m, make it larger than the average company (£414.7k)
£12.4m - Syke Legal Engineering Limited
£414.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 128%, show it is growing at a faster rate (6.3%)
128% - Syke Legal Engineering Limited
6.3% - Industry AVG
Production
with a gross margin of 50.5%, this company has a comparable cost of product (59.3%)
50.5% - Syke Legal Engineering Limited
59.3% - Industry AVG
Profitability
an operating margin of 31.7% make it more profitable than the average company (8.4%)
31.7% - Syke Legal Engineering Limited
8.4% - Industry AVG
Employees
with 33 employees, this is above the industry average (5)
33 - Syke Legal Engineering Limited
5 - Industry AVG
Pay Structure
on an average salary of £90.8k, the company has a higher pay structure (£48.1k)
£90.8k - Syke Legal Engineering Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £374.2k, this is more efficient (£119.5k)
£374.2k - Syke Legal Engineering Limited
£119.5k - Industry AVG
Debtor Days
it gets paid by customers after 117 days, this is later than average (69 days)
117 days - Syke Legal Engineering Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (28 days)
10 days - Syke Legal Engineering Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Syke Legal Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is less cash available to meet short term requirements (27 weeks)
18 weeks - Syke Legal Engineering Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.2%, this is a lower level of debt than the average (55.5%)
31.2% - Syke Legal Engineering Limited
55.5% - Industry AVG
SYKE LEGAL ENGINEERING LIMITED financials
EXPORT
Syke Legal Engineering Limited's latest turnover from December 2023 is £7.9 million and the company has net assets of £6.3 million. According to their latest financial statements, Syke Legal Engineering Limited has 35 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Apr 2023
Apr 2022
Apr 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
7,937,000
12,350,000
8,948,000
5,089,454
1,041,514
484,468
356,933
124,629
Other Income Or Grants
Cost Of Sales
5,126,000
6,111,000
4,694,000
2,505,932
773,449
350,395
252,720
85,561
Gross Profit
2,811,000
6,239,000
4,254,000
2,583,522
268,066
134,073
104,213
39,068
Admin Expenses
2,770,000
2,325,000
1,597,000
533,719
-254,947
-206,257
-52,180
-5,620
Operating Profit
41,000
3,914,000
2,657,000
2,049,803
523,013
340,330
156,393
44,688
Interest Payable
22,602
Interest Receivable
9,000
1,000
6,126
528
1,265
Pre-Tax Profit
41,000
3,923,000
2,658,000
2,033,327
523,541
341,595
156,393
44,688
Tax
9,000
-763,000
-493,000
-381,953
-99,473
-64,903
-29,715
-8,937
Profit After Tax
50,000
3,160,000
2,165,000
1,651,374
424,068
276,692
126,678
35,750
Dividends Paid
1,582,846
Retained Profit
50,000
3,160,000
2,165,000
68,528
424,068
276,692
126,678
35,750
Employee Costs
2,687,000
2,995,000
2,831,000
541,419
209,128
151,500
138,808
47,939
Number Of Employees
35
33
14
12
5
3
3
1
EBITDA*
82,000
3,985,000
2,659,000
2,067,367
532,944
340,330
156,393
44,688
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Apr 2023
Apr 2022
Apr 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
130,000
96,000
64,000
51,624
52,784
4,109
872
1,285
Intangible Assets
103,000
267,000
290,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
233,000
363,000
354,000
51,624
52,784
4,109
872
1,285
Stock & work in progress
263,297
8,895
15,817
Trade Debtors
4,266,000
3,959,000
3,639,000
1,604,641
640,228
292,138
203,414
52,139
Group Debtors
1,480,000
1,827,000
Misc Debtors
1,427,000
1,927,000
485,000
56,837
1,742
15,617
24,410
Cash
1,515,000
1,020,000
1,041,000
471,490
718,263
337,340
misc current assets
total current assets
8,688,000
8,733,000
5,165,000
2,396,265
1,369,128
660,912
227,824
52,139
total assets
8,921,000
9,096,000
5,519,000
2,447,889
1,421,912
665,021
228,696
53,424
Bank overdraft
Bank loan
Trade Creditors
86,000
177,000
301,000
709,816
262,435
96,630
64,268
16,474
Group/Directors Accounts
698,000
667,000
145,000
246
422
other short term finances
hp & lease commitments
other current liabilities
1,776,000
1,978,000
1,967,000
798,308
285,812
128,464
total current liabilities
2,560,000
2,822,000
2,413,000
1,508,370
548,669
225,094
64,268
16,474
loans
hp & lease commitments
Accruals and Deferred Income
2,000
1,200
other liabilities
provisions
32,000
18,000
10,000
7,777
10,029
781
total long term liabilities
32,000
18,000
10,000
7,777
10,029
781
2,000
1,200
total liabilities
2,592,000
2,840,000
2,423,000
1,516,147
558,698
225,875
66,268
17,674
net assets
6,329,000
6,256,000
3,096,000
931,742
863,214
439,146
162,428
35,750
total shareholders funds
6,329,000
6,256,000
3,096,000
931,742
863,214
439,146
162,428
35,750
Dec 2023
Apr 2023
Apr 2022
Apr 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
41,000
3,914,000
2,657,000
2,049,803
523,013
340,330
156,393
44,688
Depreciation
41,000
71,000
2,000
17,564
9,931
Amortisation
Tax
9,000
-763,000
-493,000
-381,953
-99,473
-64,903
-29,715
-8,937
Stock
-263,297
254,402
-6,922
15,817
Debtors
3,049,000
3,589,000
2,462,522
1,019,508
334,215
79,931
175,685
52,139
Creditors
-215,000
-124,000
-408,816
447,381
165,805
32,362
47,794
16,474
Accruals and Deferred Income
-191,000
11,000
1,168,692
512,496
157,348
126,464
800
1,200
Deferred Taxes & Provisions
22,000
8,000
2,223
-2,252
9,248
781
Cash flow from operations
-3,342,000
-472,000
728,874
1,369,129
438,579
339,286
-413
1,286
Investing Activities
capital expenditure
80,000
-80,000
-304,376
-16,404
-58,606
-3,237
413
-1,285
Change in Investments
cash flow from investments
80,000
-80,000
-304,376
-16,404
-58,606
-3,237
413
-1,285
Financing Activities
Bank loans
Group/Directors Accounts
553,000
522,000
144,754
-176
422
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3,183,000
-742
26
interest
9,000
1,000
-16,476
528
1,265
cash flow from financing
3,736,000
531,000
145,012
-16,652
950
1,291
cash and cash equivalents
cash
474,000
-21,000
569,510
-246,773
380,923
337,340
overdraft
change in cash
474,000
-21,000
569,510
-246,773
380,923
337,340
syke legal engineering limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for syke legal engineering limited. Get real-time insights into syke legal engineering limited's credit score, group structure and payment trends.
Perform a competitor analysis for syke legal engineering limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EC1Y area or any other competitors across 12 key performance metrics.
syke legal engineering limited Ownership
SYKE LEGAL ENGINEERING LIMITED group structure
Syke Legal Engineering Limited has no subsidiary companies.
The sole shareholder of Syke Legal Engineering Limited is Lod (Eagle Holdco) Limited.
lod (eagle holdco) limited
100%
syke legal engineering limited directors
Syke Legal Engineering Limited currently has 3 directors.
The longest serving directors include
Mr Alistair Maiden (Jul 2016) and
Ms Lyndsay Lane (Dec 2023).
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 syke legal engineering limited.
syke legal engineering limited Capital Raised & Share Issues BETA
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syke legal engineering limitedCompanies House Filings - See Documents
