sinckot development (heston) limited

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sinckot development (heston) limited Company Information

Share SINCKOT DEVELOPMENT (HESTON) LIMITED

Company Number

10709577

Shareholders

sinclair solomons limited

Group Structure

View All

Industry

Development of building projects

 

Registered Address

sinckot house 211 station road, harrow, HA1 2TP

sinckot development (heston) limited Estimated Valuation

£112.1k

Pomanda estimates the enterprise value of SINCKOT DEVELOPMENT (HESTON) LIMITED at £112.1k based on a Turnover of £227k and 0.49x industry multiple (adjusted for size and gross margin).

sinckot development (heston) limited Estimated Valuation

£52.5k

Pomanda estimates the enterprise value of SINCKOT DEVELOPMENT (HESTON) LIMITED at £52.5k based on an EBITDA of £13.8k and a 3.8x industry multiple (adjusted for size and gross margin).

sinckot development (heston) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SINCKOT DEVELOPMENT (HESTON) LIMITED at £0 based on Net Assets of £-31.7k and 1.49x industry multiple (adjusted for liquidity).

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Sinckot Development (heston) Limited Overview

Sinckot Development (heston) Limited is a live company located in harrow, HA1 2TP with a Companies House number of 10709577. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2017, it's largest shareholder is sinclair solomons limited with a 100% stake. Sinckot Development (heston) Limited is a young, micro sized company, Pomanda has estimated its turnover at £227k with declining growth in recent years.

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Sinckot Development (heston) Limited Health Check

Pomanda's financial health check has awarded Sinckot Development (Heston) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

9 Weak

size

Size

annual sales of £227k, make it smaller than the average company (£2.3m)

£227k - Sinckot Development (heston) Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -65%, show it is growing at a slower rate (6.9%)

-65% - Sinckot Development (heston) Limited

6.9% - Industry AVG

production

Production

with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)

26.6% - Sinckot Development (heston) Limited

26.6% - Industry AVG

profitability

Profitability

an operating margin of 5.3% make it less profitable than the average company (7.5%)

5.3% - Sinckot Development (heston) Limited

7.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Sinckot Development (heston) Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)

£48.9k - Sinckot Development (heston) Limited

£48.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £227k, this is less efficient (£272.6k)

£227k - Sinckot Development (heston) Limited

£272.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Sinckot Development (heston) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (33 days)

25 days - Sinckot Development (heston) Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 789 days, this is more than average (190 days)

789 days - Sinckot Development (heston) Limited

190 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)

0 weeks - Sinckot Development (heston) Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 108.7%, this is a higher level of debt than the average (72.6%)

108.7% - Sinckot Development (heston) Limited

72.6% - Industry AVG

SINCKOT DEVELOPMENT (HESTON) LIMITED financials

EXPORTms excel logo

Sinckot Development (Heston) Limited's latest turnover from April 2024 is estimated at £227 thousand and the company has net assets of -£31.7 thousand. According to their latest financial statements, Sinckot Development (Heston) Limited has 1 employee and maintains cash reserves of £1.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Turnover226,9701,379,315271,4325,480,583576,327985,6533,086,734
Other Income Or Grants
Cost Of Sales166,7151,013,327202,6934,174,890423,702701,2862,168,304
Gross Profit60,254365,98868,7391,305,693152,625284,367918,430
Admin Expenses48,328408,87352,7961,237,43713,430110,315849,773
Operating Profit11,926-42,88515,94368,256139,195174,05268,657
Interest Payable4,1004,30233,70855,621119,183173,65568,487
Interest Receivable901826084126
Pre-Tax Profit7,916-47,006-17,70412,64320,015409177
Tax-1,979-2,402-3,803-78-34
Profit After Tax5,937-47,006-17,70410,24116,212331143
Dividends Paid
Retained Profit5,937-47,006-17,70410,24116,212331143
Employee Costs48,87646,80844,677999,276129,520170,011503,495
Number Of Employees111233412
EBITDA*13,830-42,71516,15168,580139,519174,44869,139

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Tangible Assets7767769461,1541,4781,8022,198
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7767769461,1541,4781,8022,198
Stock & work in progress360,450410,560219,149810,5543,043,9252,000,446
Trade Debtors996,600
Group Debtors220,803
Misc Debtors16,21096572014,674107,600
Cash1,6031,8296,7129,3536,9016172,508
misc current assets
total current assets362,053412,389242,0711,006,9181,038,9783,059,2162,110,554
total assets362,829413,165243,0171,008,0721,040,4563,061,0182,112,752
Bank overdraft
Bank loan
Trade Creditors 11,725277,68529,9952,15845,899917
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities349,173133,943158,97624,865108,16821,4755,225
total current liabilities360,898411,628188,97127,023154,06722,3925,225
loans33,67739,22044,723954,022869,6033,038,0522,107,284
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities33,67739,22044,723954,022869,6033,038,0522,107,284
total liabilities394,575450,848233,694981,0451,023,6703,060,4442,112,509
net assets-31,746-37,6839,32327,02716,786574243
total shareholders funds-31,746-37,6839,32327,02716,786574243
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Operating Activities
Operating Profit11,926-42,88515,94368,256139,195174,05268,657
Depreciation1,904170208324324396482
Amortisation
Tax-1,979-2,402-3,803-78-34
Stock-50,110191,411219,149-810,554-2,233,3711,043,4792,000,446
Debtors-16,210-981,355776,042206,849-92,926107,600
Creditors-265,960247,69027,837-43,74144,982917
Accruals and Deferred Income215,230-25,033134,111-83,30386,69316,2505,225
Deferred Taxes & Provisions
Cash flow from operations11,2314,741940,305-26,3542,293,913-759,016-2,033,716
Investing Activities
capital expenditure-1,904-2,680
Change in Investments
cash flow from investments-1,904-2,680
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-5,543-5,503-909,29984,419-2,168,449930,7682,107,284
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-4,010-4,120-33,648-55,613-119,179-173,643-68,481
cash flow from financing-9,553-9,623-942,94728,806-2,287,628757,1252,038,903
cash and cash equivalents
cash-226-4,883-2,6412,4526,284-1,8912,508
overdraft
change in cash-226-4,883-2,6412,4526,284-1,8912,508

sinckot development (heston) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sinckot Development (heston) Limited Competitor Analysis

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Perform a competitor analysis for sinckot development (heston) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.

sinckot development (heston) limited Ownership

SINCKOT DEVELOPMENT (HESTON) LIMITED group structure

Sinckot Development (Heston) Limited has no subsidiary companies.

Ultimate parent company

SINCKOT DEVELOPMENT (HESTON) LIMITED

10709577

SINCKOT DEVELOPMENT (HESTON) LIMITED Shareholders

sinclair solomons limited 100%

sinckot development (heston) limited directors

Sinckot Development (Heston) Limited currently has 1 director, Mr Rajeshkumar Chechani serving since Apr 2017.

officercountryagestartendrole
Mr Rajeshkumar ChechaniUnited Kingdom45 years Apr 2017- Director

P&L

April 2024

turnover

227k

-84%

operating profit

11.9k

0%

gross margin

26.6%

+0.05%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

-31.7k

-0.16%

total assets

362.8k

-0.12%

cash

1.6k

-0.12%

net assets

Total assets minus all liabilities

sinckot development (heston) limited company details

company number

10709577

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

April 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

sinckot house 211 station road, harrow, HA1 2TP

Bank

-

Legal Advisor

-

sinckot development (heston) 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 found 4 charges/mortgages relating to sinckot development (heston) limited. Currently there are 2 open charges and 2 have been satisfied in the past.

sinckot development (heston) 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 SINCKOT DEVELOPMENT (HESTON) LIMITED. This can take several minutes, an email will notify you when this has completed.

sinckot development (heston) limited Companies House Filings - See Documents

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