syke legal engineering limited
syke legal engineering limited Company Information
Company Number
10285816
Next Accounts
Sep 2025
Shareholders
lod (eagle holdco) limited
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
6th floor 24 chiswell street, london, EC1Y 4TY
Website
syke.techsyke legal engineering limited Estimated Valuation
Pomanda estimates the enterprise value of SYKE LEGAL ENGINEERING LIMITED at £3.7m based on a Turnover of £7.9m and 0.46x industry multiple (adjusted for size and gross margin).
syke legal engineering limited Estimated Valuation
Pomanda estimates the enterprise value of SYKE LEGAL ENGINEERING LIMITED at £328.6k based on an EBITDA of £82k and a 4.01x industry multiple (adjusted for size and gross margin).
syke legal engineering limited Estimated Valuation
Pomanda estimates the enterprise value of SYKE LEGAL ENGINEERING LIMITED at £16.5m based on Net Assets of £6.3m and 2.61x industry multiple (adjusted for liquidity).
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Syke Legal Engineering Limited Overview
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.
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Syke Legal Engineering Limited Health Check
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
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%)
- Syke Legal Engineering Limited
6.3% - Industry AVG
Production
with a gross margin of 50.5%, this company has a comparable cost of product (59.2%)
50.5% - Syke Legal Engineering Limited
59.2% - 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 (£48k)
£90.8k - Syke Legal Engineering Limited
£48k - Industry AVG
Efficiency
resulting in sales per employee of £374.2k, this is more efficient (£119.6k)
£374.2k - Syke Legal Engineering Limited
£119.6k - 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 (55.6%)
31.2% - Syke Legal Engineering Limited
55.6% - Industry AVG
SYKE LEGAL ENGINEERING LIMITED financials
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 | ||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 5,126,000 | 6,111,000 | 4,694,000 | 2,505,932 | ||||
| Gross Profit | 2,811,000 | 6,239,000 | 4,254,000 | 2,583,522 | ||||
| Admin Expenses | 2,770,000 | 2,325,000 | 1,597,000 | 533,719 | ||||
| Operating Profit | 41,000 | 3,914,000 | 2,657,000 | 2,049,803 | ||||
| Interest Payable | 22,602 | |||||||
| Interest Receivable | 9,000 | 1,000 | 6,126 | |||||
| Pre-Tax Profit | 41,000 | 3,923,000 | 2,658,000 | 2,033,327 | ||||
| Tax | 9,000 | -763,000 | -493,000 | -381,953 | ||||
| Profit After Tax | 50,000 | 3,160,000 | 2,165,000 | 1,651,374 | ||||
| Dividends Paid | 1,582,846 | |||||||
| Retained Profit | 50,000 | 3,160,000 | 2,165,000 | 68,528 | ||||
| Employee Costs | 2,687,000 | 2,995,000 | 2,831,000 | |||||
| Number Of Employees | 35 | 33 | 14 | 12 | 5 | 3 | 3 | |
| EBITDA* | 82,000 | 3,985,000 | 2,659,000 | 2,067,367 |
* 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 | ||||
| Depreciation | 41,000 | 71,000 | 2,000 | 17,564 | 9,931 | |||
| Amortisation | ||||||||
| Tax | 9,000 | -763,000 | -493,000 | -381,953 | ||||
| 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 | ||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| 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 | ||||||||
| interest | 9,000 | 1,000 | -16,476 | |||||
| cash flow from financing | 3,736,000 | 531,000 | 145,012 | -16,652 | ||||
| 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
Syke Legal Engineering Limited Competitor Analysis
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.
Ultimate parent company
SURF (TOPCO) LTD
#0102062
2 parents
SYKE LEGAL ENGINEERING LIMITED
10285816
syke legal engineering limited directors
Syke Legal Engineering Limited currently has 3 directors. The longest serving directors include Mr Alistair Maiden (Jul 2016) and Mr Michael Flanagan (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alistair Maiden | England | 45 years | Jul 2016 | - | Director |
| Mr Michael Flanagan | United States | 60 years | Dec 2023 | - | Director |
| Ms Lyndsay Lane | England | 47 years | Dec 2023 | - | Director |
P&L
December 2023turnover
7.9m
-11%
operating profit
41k
-98%
gross margin
35.5%
-25.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.3m
+1.04%
total assets
8.9m
+0.62%
cash
1.5m
+0.46%
net assets
Total assets minus all liabilities
syke legal engineering limited company details
company number
10285816
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
amaiden limited (January 2019)
accountant
MHA
auditor
-
address
6th floor 24 chiswell street, london, EC1Y 4TY
Bank
-
Legal Advisor
-
syke legal engineering 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 syke legal engineering limited.
syke legal engineering 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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syke legal engineering limited Companies House Filings - See Documents
| date | description | view/download |
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