symes bains broomer limited

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symes bains broomer limited Company Information

Share SYMES BAINS BROOMER LIMITED

Company Number

11253776

Shareholders

humber legal holdings limited

Group Structure

View All

Industry

Solicitors

 

Registered Address

2 park square, laneham street, scunthorpe, DN15 6JH

symes bains broomer limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of SYMES BAINS BROOMER LIMITED at £2.3m based on a Turnover of £3.9m and 0.6x industry multiple (adjusted for size and gross margin).

symes bains broomer limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of SYMES BAINS BROOMER LIMITED at £1.1m based on an EBITDA of £290k and a 3.67x industry multiple (adjusted for size and gross margin).

symes bains broomer limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of SYMES BAINS BROOMER LIMITED at £1.6m based on Net Assets of £893.2k and 1.74x 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 £3.9m with high 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 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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £3.9m, make it larger than the average company (£1.4m)

£3.9m - Symes Bains Broomer Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7%)

16% - Symes Bains Broomer Limited

7% - Industry AVG

production

Production

with a gross margin of 63.8%, this company has a comparable cost of product (63.8%)

63.8% - Symes Bains Broomer Limited

63.8% - Industry AVG

profitability

Profitability

an operating margin of 6.6% make it less profitable than the average company (9.4%)

6.6% - Symes Bains Broomer Limited

9.4% - Industry AVG

employees

Employees

with 53 employees, this is above the industry average (22)

53 - Symes Bains Broomer Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)

£41.6k - Symes Bains Broomer Limited

£41.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £73.2k, this is equally as efficient (£76k)

£73.2k - Symes Bains Broomer Limited

£76k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (75 days)

93 days - Symes Bains Broomer Limited

75 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (24 days)

2 days - Symes Bains Broomer Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Symes Bains Broomer Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (20 weeks)

16 weeks - Symes Bains Broomer Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.4%, this is a lower level of debt than the average (54%)

43.4% - Symes Bains Broomer Limited

54% - Industry AVG

SYMES BAINS BROOMER LIMITED financials

EXPORTms excel logo

Symes Bains Broomer Limited's latest turnover from April 2024 is estimated at £3.9 million and the company has net assets of £893.2 thousand. According to their latest financial statements, Symes Bains Broomer Limited has 53 employees and maintains cash reserves of £217.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018
Turnover3,881,2294,065,8302,795,6562,474,4432,542,5592,843,479
Other Income Or Grants
Cost Of Sales1,406,6661,224,499839,4241,019,2951,098,0401,007,430
Gross Profit2,474,5632,841,3301,956,2321,455,1481,444,5191,836,049
Admin Expenses2,216,7542,308,1941,583,2391,348,6351,443,7701,697,448
Operating Profit257,809533,136372,993106,513749138,601
Interest Payable42,94170,43461,68354,65731,9816,687
Interest Receivable9,7707,5312,426161428
Pre-Tax Profit224,637470,232313,73652,017-31,191131,922
Tax-56,159-117,558-59,610-9,883-25,065
Profit After Tax168,478352,674254,12642,134-31,191106,857
Dividends Paid
Retained Profit168,478352,674254,12642,134-31,191106,857
Employee Costs2,205,1742,120,0322,046,6891,954,4001,834,0672,220,976
Number Of Employees535458595565
EBITDA*289,991670,448509,531237,740124,417241,321

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018
Tangible Assets33,32935,05448,30556,4824,3681,323
Intangible Assets120,518143,624266,730389,836512,942
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets33,33055,572191,929323,212394,204514,265
Stock & work in progress337,791
Trade Debtors991,0161,055,616380,830274,497294,488303,275
Group Debtors100
Misc Debtors336,462334,742792,337554,173427,15387,995
Cash217,881154,297146,932241,27881,3282,167
misc current assets
total current assets1,545,3591,544,6551,320,0991,069,948802,969731,228100
total assets1,578,6891,600,2271,512,0281,393,1601,197,1731,245,493100
Bank overdraft142,121296,892309,848233,758193,867198,130
Bank loan
Trade Creditors 9,91015,81538,2802,0378,1107,933
Group/Directors Accounts
other short term finances100,670108,000120,000120,00033,030
hp & lease commitments
other current liabilities424,474330,338329,624320,903262,850202,870
total current liabilities677,175751,045797,752676,698497,857408,933
loans115,714330,170587,826623,546
hp & lease commitments
Accruals and Deferred Income
other liabilities729,599
provisions8,3328,76412,07610,732
total long term liabilities8,332124,478342,246598,558623,546729,599
total liabilities685,507875,5231,139,9981,275,2561,121,4031,138,532
net assets893,182724,704372,030117,90475,770106,961100
total shareholders funds893,182724,704372,030117,90475,770106,961100
Apr 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018
Operating Activities
Operating Profit257,809533,136372,993106,513749138,601
Depreciation11,66514,20613,4328,121562132
Amortisation20,517123,106123,106123,106123,106102,588
Tax-56,159-117,558-59,610-9,883-25,065
Stock-337,791337,791
Debtors-62,880217,191344,497107,029330,371391,170100
Creditors-5,905-22,46536,243-6,0731777,933
Accruals and Deferred Income94,1367148,72158,05359,980202,870
Deferred Taxes & Provisions-432-3,3121,34410,732
Cash flow from operations384,511310,636151,732183,540191,994-301,902-100
Investing Activities
capital expenditure-9,940-955-5,255-60,235-3,607-616,985
Change in Investments
cash flow from investments-9,940-955-5,255-60,235-3,607-616,985
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -7,330-12,00086,97033,030
Long term loans-115,714-214,456-257,656-35,720623,546
Hire Purchase and Lease Commitments
other long term liabilities-729,599729,599
share issue4100
interest-33,171-62,903-59,257-54,496-31,939-6,679
cash flow from financing-156,215-289,359-316,913-3,246-104,962722,924100
cash and cash equivalents
cash63,5847,365-94,346159,95079,1612,167
overdraft-154,771-12,95676,09039,891-4,263198,130
change in cash218,35520,321-170,436120,05983,424-195,963

symes bains broomer 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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Symes Bains Broomer Limited Competitor Analysis

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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 Shareholders

humber legal holdings limited 100%

symes bains broomer limited directors

Symes Bains Broomer Limited currently has 6 directors. The longest serving directors include Mr Andrew Horwich (Mar 2018) and Mr Rodger Price (Mar 2018).

officercountryagestartendrole
Mr Andrew Horwich64 years Mar 2018- Director
Mr Rodger PriceUnited Kingdom63 years Mar 2018- Director
Miss Joanne HarrimanEngland45 years Aug 2018- Director
Mrs Jennifer MusgraveUnited Kingdom45 years Oct 2019- Director
Mr Howard Field60 years Jun 2023- Director
Mr Jonathan StonesUnited Kingdom47 years Jun 2023- Director

P&L

April 2024

turnover

3.9m

-5%

operating profit

257.8k

0%

gross margin

63.8%

-8.77%

turnover

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

Balance Sheet

April 2024

net assets

893.2k

+0.23%

total assets

1.6m

-0.01%

cash

217.9k

+0.41%

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

April 2024

previous names

N/A

accountant

-

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.

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symes bains broomer limited Companies House Filings - See Documents

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