sterling construction and renewables ltd
sterling construction and renewables ltd Company Information
Company Number
10628165
Next Accounts
83 days late
Shareholders
izaac james faustino johnson
Group Structure
View All
Industry
Development of building projects
Registered Address
unit 2.01 hollinwood business ce, albert street, hollinwood, failsworth, OL8 3QL
Website
-sterling construction and renewables ltd Estimated Valuation
Pomanda estimates the enterprise value of STERLING CONSTRUCTION AND RENEWABLES LTD at £732.5k based on a Turnover of £1.4m and 0.51x industry multiple (adjusted for size and gross margin).
sterling construction and renewables ltd Estimated Valuation
Pomanda estimates the enterprise value of STERLING CONSTRUCTION AND RENEWABLES LTD at £619.5k based on an EBITDA of £159.6k and a 3.88x industry multiple (adjusted for size and gross margin).
sterling construction and renewables ltd Estimated Valuation
Pomanda estimates the enterprise value of STERLING CONSTRUCTION AND RENEWABLES LTD at £200.8k based on Net Assets of £134.4k and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sterling Construction And Renewables Ltd Overview
Sterling Construction And Renewables Ltd is a live company located in hollinwood, OL8 3QL with a Companies House number of 10628165. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2017, it's largest shareholder is izaac james faustino johnson with a 100% stake. Sterling Construction And Renewables Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Sterling Construction And Renewables Ltd Health Check
Pomanda's financial health check has awarded Sterling Construction And Renewables Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£2m)
- Sterling Construction And Renewables Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 153%, show it is growing at a faster rate (2%)
- Sterling Construction And Renewables Ltd
2% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Sterling Construction And Renewables Ltd
25.8% - Industry AVG
Profitability
an operating margin of 10.2% make it more profitable than the average company (8.4%)
- Sterling Construction And Renewables Ltd
8.4% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (6)
5 - Sterling Construction And Renewables Ltd
6 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)
- Sterling Construction And Renewables Ltd
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £289.9k, this is equally as efficient (£257.3k)
- Sterling Construction And Renewables Ltd
£257.3k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (30 days)
- Sterling Construction And Renewables Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (31 days)
- Sterling Construction And Renewables Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sterling Construction And Renewables Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Sterling Construction And Renewables Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.6%, this is a higher level of debt than the average (73.6%)
93.6% - Sterling Construction And Renewables Ltd
73.6% - Industry AVG
STERLING CONSTRUCTION AND RENEWABLES LTD financials
Sterling Construction And Renewables Ltd's latest turnover from February 2023 is estimated at £1.4 million and the company has net assets of £134.4 thousand. According to their latest financial statements, Sterling Construction And Renewables Ltd has 5 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Apr 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| 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 | 5 | 12 | 5 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Apr 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 40,211 | 51,443 | 46,526 | 12,453 | 13,189 | 0 |
| Intangible Assets | 0 | 0 | 48,691 | 27,060 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 40,211 | 51,443 | 95,217 | 39,513 | 13,189 | 0 |
| Stock & work in progress | 0 | 0 | 177,956 | 0 | 0 | 0 |
| Trade Debtors | 69,121 | 641 | 359,423 | 2,500 | 5,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,000,314 | 279,777 | 71,475 | 0 | 100,000 | 0 |
| Cash | 1,192 | 742,969 | 42,092 | 5,120 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,070,627 | 1,023,387 | 650,946 | 7,620 | 105,000 | 0 |
| total assets | 2,110,838 | 1,074,830 | 746,163 | 47,133 | 118,189 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 2,800 | 2,890 | 0 | 0 | 0 |
| Trade Creditors | 258,590 | 126,931 | 192,924 | 2,872 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 14,569 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,641,861 | 919,319 | 667,382 | 6,371 | 0 | 0 |
| total current liabilities | 1,900,451 | 1,049,050 | 863,196 | 9,243 | 14,569 | 0 |
| loans | 75,999 | 9,755 | 11,431 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 10,114 | 0 | 0 | 0 | 0 |
| total long term liabilities | 75,999 | 19,869 | 11,431 | 0 | 0 | 0 |
| total liabilities | 1,976,450 | 1,068,919 | 874,627 | 9,243 | 14,569 | 0 |
| net assets | 134,388 | 5,911 | -128,464 | 37,890 | 103,620 | 0 |
| total shareholders funds | 134,388 | 5,911 | -128,464 | 37,890 | 103,620 | 0 |
| Feb 2023 | Feb 2022 | Apr 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 11,400 | 14,608 | 8,929 | 4,396 | ||
| Amortisation | 0 | 0 | 3,640 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | -177,956 | 177,956 | 0 | 0 | 0 |
| Debtors | 1,789,017 | -150,480 | 428,398 | -102,500 | 105,000 | 0 |
| Creditors | 131,659 | -65,993 | 190,052 | 2,872 | 0 | 0 |
| Accruals and Deferred Income | 722,542 | 251,937 | 661,011 | 6,371 | 0 | 0 |
| Deferred Taxes & Provisions | -10,114 | 10,114 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -2,800 | -90 | 2,890 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -14,569 | 14,569 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 66,244 | -1,676 | 11,431 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -741,777 | 700,877 | 36,972 | 5,120 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -741,777 | 700,877 | 36,972 | 5,120 | 0 | 0 |
sterling construction and renewables ltd Credit Report and Business Information
Sterling Construction And Renewables Ltd Competitor Analysis
Perform a competitor analysis for sterling construction and renewables ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in OL8 area or any other competitors across 12 key performance metrics.
sterling construction and renewables ltd Ownership
STERLING CONSTRUCTION AND RENEWABLES LTD group structure
Sterling Construction And Renewables Ltd has no subsidiary companies.
Ultimate parent company
STERLING CONSTRUCTION AND RENEWABLES LTD
10628165
sterling construction and renewables ltd directors
Sterling Construction And Renewables Ltd currently has 4 directors. The longest serving directors include Mr Michael Avison (Aug 2020) and Mr Zeeshan Zafar (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Avison | United Kingdom | 67 years | Aug 2020 | - | Director |
| Mr Zeeshan Zafar | England | 49 years | Oct 2020 | - | Director |
| Mr Khizzer Hayat | 43 years | Jun 2021 | - | Director | |
| Mr Yunas Mulla | 39 years | May 2024 | - | Director |
P&L
February 2023turnover
1.4m
+14%
operating profit
148.2k
0%
gross margin
25.9%
+5.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
134.4k
+21.74%
total assets
2.1m
+0.96%
cash
1.2k
-1%
net assets
Total assets minus all liabilities
Similar Companies
sterling construction and renewables ltd company details
company number
10628165
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
haus cube ltd (March 2022)
land cube ltd (January 2020)
accountant
-
auditor
-
address
unit 2.01 hollinwood business ce, albert street, hollinwood, failsworth, OL8 3QL
Bank
-
Legal Advisor
-
sterling construction and renewables 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 found 4 charges/mortgages relating to sterling construction and renewables ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
sterling construction and renewables ltd 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 STERLING CONSTRUCTION AND RENEWABLES LTD. This can take several minutes, an email will notify you when this has completed.
sterling construction and renewables ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
