symes bains broomer limited
symes bains broomer limited Company Information
Company Number
11253776
Next Accounts
Apr 2025
Industry
Solicitors
Shareholders
humber legal holdings limited
Group Structure
View All
Contact
Registered Address
2 park square, laneham street, scunthorpe, DN15 6JH
Website
www.sbblaw.comsymes bains broomer limited Estimated Valuation
Pomanda estimates the enterprise value of SYMES BAINS BROOMER LIMITED at £1.8m based on a Turnover of £2.8m and 0.63x industry multiple (adjusted for size and gross margin).
symes bains broomer limited Estimated Valuation
Pomanda estimates the enterprise value of SYMES BAINS BROOMER LIMITED at £2.6m based on an EBITDA of £670.4k and a 3.91x industry multiple (adjusted for size and gross margin).
symes bains broomer limited Estimated Valuation
Pomanda estimates the enterprise value of SYMES BAINS BROOMER LIMITED at £1.1m based on Net Assets of £724.7k and 1.51x industry multiple (adjusted for liquidity).
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Symes Bains Broomer Limited Overview
Symes Bains Broomer Limited is a live company located in scunthorpe, DN15 6JH with a Companies House number of 11253776. It operates in the solicitors sector, SIC Code 69102. Founded in March 2018, it's largest shareholder is humber legal holdings limited with a 100% stake. Symes Bains Broomer Limited is a young, small sized company, Pomanda has estimated its turnover at £2.8m with low growth in recent years.
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Symes Bains Broomer Limited Health Check
Pomanda's financial health check has awarded Symes Bains Broomer Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.8m, make it larger than the average company (£1.2m)
- Symes Bains Broomer Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.2%)
- Symes Bains Broomer Limited
6.2% - Industry AVG
Production
with a gross margin of 70%, this company has a comparable cost of product (70%)
- Symes Bains Broomer Limited
70% - Industry AVG
Profitability
an operating margin of 19.1% make it more profitable than the average company (8%)
- Symes Bains Broomer Limited
8% - Industry AVG
Employees
with 54 employees, this is above the industry average (15)
54 - Symes Bains Broomer Limited
15 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Symes Bains Broomer Limited
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £51.7k, this is less efficient (£71.9k)
- Symes Bains Broomer Limited
£71.9k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (60 days)
- Symes Bains Broomer Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (31 days)
- Symes Bains Broomer Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Symes Bains Broomer Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (21 weeks)
10 weeks - Symes Bains Broomer Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.7%, this is a similar level of debt than the average (54.4%)
54.7% - Symes Bains Broomer Limited
54.4% - Industry AVG
SYMES BAINS BROOMER LIMITED financials
Symes Bains Broomer Limited's latest turnover from July 2023 is estimated at £2.8 million and the company has net assets of £724.7 thousand. According to their latest financial statements, Symes Bains Broomer Limited has 54 employees and maintains cash reserves of £154.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | 54 | 58 | 59 | 55 | 65 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 35,054 | 48,305 | 56,482 | 4,368 | 1,323 | 0 |
| Intangible Assets | 20,518 | 143,624 | 266,730 | 389,836 | 512,942 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 55,572 | 191,929 | 323,212 | 394,204 | 514,265 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 337,791 | 0 |
| Trade Debtors | 317,290 | 380,830 | 274,497 | 294,488 | 303,275 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 100 |
| Misc Debtors | 1,073,068 | 792,337 | 554,173 | 427,153 | 87,995 | 0 |
| Cash | 154,297 | 146,932 | 241,278 | 81,328 | 2,167 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,544,655 | 1,320,099 | 1,069,948 | 802,969 | 731,228 | 100 |
| total assets | 1,600,227 | 1,512,028 | 1,393,160 | 1,197,173 | 1,245,493 | 100 |
| Bank overdraft | 296,892 | 309,848 | 233,758 | 193,867 | 198,130 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,815 | 38,280 | 2,037 | 8,110 | 7,933 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 108,000 | 120,000 | 120,000 | 33,030 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 330,338 | 329,624 | 320,903 | 262,850 | 202,870 | 0 |
| total current liabilities | 751,045 | 797,752 | 676,698 | 497,857 | 408,933 | 0 |
| loans | 115,714 | 330,170 | 587,826 | 623,546 | 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 | 729,599 | 0 |
| provisions | 8,764 | 12,076 | 10,732 | 0 | 0 | 0 |
| total long term liabilities | 124,478 | 342,246 | 598,558 | 623,546 | 729,599 | 0 |
| total liabilities | 875,523 | 1,139,998 | 1,275,256 | 1,121,403 | 1,138,532 | 0 |
| net assets | 724,704 | 372,030 | 117,904 | 75,770 | 106,961 | 100 |
| total shareholders funds | 724,704 | 372,030 | 117,904 | 75,770 | 106,961 | 100 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 14,206 | 13,432 | 8,121 | 562 | 132 | |
| Amortisation | 123,106 | 123,106 | 123,106 | 123,106 | 102,588 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | -337,791 | 337,791 | 0 |
| Debtors | 217,191 | 344,497 | 107,029 | 330,371 | 391,170 | 100 |
| Creditors | -22,465 | 36,243 | -6,073 | 177 | 7,933 | 0 |
| Accruals and Deferred Income | 714 | 8,721 | 58,053 | 59,980 | 202,870 | 0 |
| Deferred Taxes & Provisions | -3,312 | 1,344 | 10,732 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -12,000 | 0 | 86,970 | 33,030 | 0 | 0 |
| Long term loans | -214,456 | -257,656 | -35,720 | 623,546 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -729,599 | 729,599 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 7,365 | -94,346 | 159,950 | 79,161 | 2,167 | 0 |
| overdraft | -12,956 | 76,090 | 39,891 | -4,263 | 198,130 | 0 |
| change in cash | 20,321 | -170,436 | 120,059 | 83,424 | -195,963 | 0 |
symes bains broomer limited Credit Report and Business Information
Symes Bains Broomer Limited Competitor Analysis
Perform a competitor analysis for symes bains broomer limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in DN15 area or any other competitors across 12 key performance metrics.
symes bains broomer limited Ownership
SYMES BAINS BROOMER LIMITED group structure
Symes Bains Broomer Limited has no subsidiary companies.
Ultimate parent company
1 parent
SYMES BAINS BROOMER LIMITED
11253776
symes bains broomer limited directors
Symes Bains Broomer Limited currently has 6 directors. The longest serving directors include Mr Rodger Price (Mar 2018) and Mr Andrew Horwich (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rodger Price | United Kingdom | 63 years | Mar 2018 | - | Director |
| Mr Andrew Horwich | 64 years | Mar 2018 | - | Director | |
| Miss Joanne Harriman | England | 45 years | Aug 2018 | - | Director |
| Mrs Jennifer Musgrave | United Kingdom | 44 years | Oct 2019 | - | Director |
| Mr Jonathan Stones | United Kingdom | 47 years | Jun 2023 | - | Director |
| Mr Howard Field | 60 years | Jun 2023 | - | Director |
P&L
July 2023turnover
2.8m
0%
operating profit
533.1k
0%
gross margin
70%
-0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
724.7k
+0.95%
total assets
1.6m
+0.06%
cash
154.3k
+0.05%
net assets
Total assets minus all liabilities
symes bains broomer limited company details
company number
11253776
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
FORRESTER BOYD
auditor
-
address
2 park square, laneham street, scunthorpe, DN15 6JH
Bank
-
Legal Advisor
-
symes bains broomer 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 2 charges/mortgages relating to symes bains broomer limited. Currently there are 2 open charges and 0 have been satisfied in the past.
symes bains broomer 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 SYMES BAINS BROOMER LIMITED. This can take several minutes, an email will notify you when this has completed.
symes bains broomer limited Companies House Filings - See Documents
| date | description | view/download |
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