therco-serck (projects) ltd
therco-serck (projects) ltd Company Information
Company Number
11411278
Next Accounts
Jul 2026
Directors
Shareholders
therco-serck (projects) holdings limited
Group Structure
View All
Industry
Development of building projects
Registered Address
queen street chambers, 68 queen street, sheffield, S1 1WR
Website
www.thercoserckhtx.comtherco-serck (projects) ltd Estimated Valuation
Pomanda estimates the enterprise value of THERCO-SERCK (PROJECTS) LTD at £594.2k based on a Turnover of £1.2m and 0.49x industry multiple (adjusted for size and gross margin).
therco-serck (projects) ltd Estimated Valuation
Pomanda estimates the enterprise value of THERCO-SERCK (PROJECTS) LTD at £0 based on an EBITDA of £-36.4k and a 3.91x industry multiple (adjusted for size and gross margin).
therco-serck (projects) ltd Estimated Valuation
Pomanda estimates the enterprise value of THERCO-SERCK (PROJECTS) LTD at £296.7k based on Net Assets of £210k and 1.41x industry multiple (adjusted for liquidity).
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Therco-serck (projects) Ltd Overview
Therco-serck (projects) Ltd is a live company located in sheffield, S1 1WR with a Companies House number of 11411278. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2018, it's largest shareholder is therco-serck (projects) holdings limited with a 100% stake. Therco-serck (projects) Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.
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Therco-serck (projects) Ltd Health Check
Pomanda's financial health check has awarded Therco-Serck (Projects) Ltd a 4.5 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
3 Regular
3 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.5m)
- Therco-serck (projects) Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (7.1%)
- Therco-serck (projects) Ltd
7.1% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Therco-serck (projects) Ltd
26.6% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (7.4%)
- Therco-serck (projects) Ltd
7.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - Therco-serck (projects) Ltd
7 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Therco-serck (projects) Ltd
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £400.9k, this is more efficient (£287.6k)
- Therco-serck (projects) Ltd
£287.6k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (29 days)
- Therco-serck (projects) Ltd
29 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Therco-serck (projects) Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Therco-serck (projects) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (11 weeks)
39 weeks - Therco-serck (projects) Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.5%, this is a lower level of debt than the average (73.4%)
21.5% - Therco-serck (projects) Ltd
73.4% - Industry AVG
THERCO-SERCK (PROJECTS) LTD financials
Therco-Serck (Projects) Ltd's latest turnover from October 2024 is estimated at £1.2 million and the company has net assets of £210 thousand. According to their latest financial statements, Therco-Serck (Projects) Ltd has 3 employees and maintains cash reserves of £42.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 4,560 | 5,364 | 6,312 | 7,536 | ||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 4,560 | 5,364 | 6,312 | 7,536 | ||
| Stock & work in progress | 10,326 | |||||
| Trade Debtors | 116,564 | 14,124 | 413 | 309,028 | ||
| Group Debtors | 96,653 | 75,836 | ||||
| Misc Debtors | 6,835 | 380 | 1,945 | 62,765 | 2,525 | 3,420 |
| Cash | 42,709 | 251,149 | 225,673 | 77,087 | 208,457 | 225,177 |
| misc current assets | ||||||
| total current assets | 262,761 | 327,365 | 241,742 | 150,178 | 211,395 | 537,625 |
| total assets | 267,321 | 332,729 | 248,054 | 157,714 | 211,395 | 537,625 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 58,945 | 198,036 | ||||
| Group/Directors Accounts | 8,425 | 1,206 | 143 | |||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 56,217 | 91,580 | 49,185 | 10,841 | 16,978 | 176,173 |
| total current liabilities | 56,217 | 91,580 | 57,610 | 10,841 | 77,129 | 374,352 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 1,140 | 1,341 | 1,578 | 1,432 | ||
| total long term liabilities | 1,140 | 1,341 | 1,578 | 1,432 | ||
| total liabilities | 57,357 | 92,921 | 59,188 | 12,273 | 77,129 | 374,352 |
| net assets | 209,964 | 239,808 | 188,866 | 145,441 | 134,266 | 163,273 |
| total shareholders funds | 209,964 | 239,808 | 188,866 | 145,441 | 134,266 | 163,273 |
| Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 804 | 948 | 1,224 | 294 | ||
| Amortisation | ||||||
| Tax | ||||||
| Stock | -10,326 | 10,326 | ||||
| Debtors | 143,836 | 60,147 | -46,696 | 59,827 | -309,510 | 312,448 |
| Creditors | -58,945 | -139,091 | 198,036 | |||
| Accruals and Deferred Income | -35,363 | 42,395 | 38,344 | -6,137 | -159,195 | 176,173 |
| Deferred Taxes & Provisions | -201 | -237 | 146 | 1,432 | ||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -8,425 | 8,425 | -1,206 | 1,063 | 143 | |
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -208,440 | 25,476 | 148,586 | -131,370 | -16,720 | 225,177 |
| overdraft | ||||||
| change in cash | -208,440 | 25,476 | 148,586 | -131,370 | -16,720 | 225,177 |
therco-serck (projects) ltd Credit Report and Business Information
Therco-serck (projects) Ltd Competitor Analysis
Perform a competitor analysis for therco-serck (projects) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in S 1 area or any other competitors across 12 key performance metrics.
therco-serck (projects) ltd Ownership
THERCO-SERCK (PROJECTS) LTD group structure
Therco-Serck (Projects) Ltd has no subsidiary companies.
Ultimate parent company
THERCO-SERCK (PROJECTS) LTD
11411278
therco-serck (projects) ltd directors
Therco-Serck (Projects) Ltd currently has 1 director, Mr Robert Sawtell serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Sawtell | United Kingdom | 54 years | Jun 2018 | - | Director |
P&L
October 2024turnover
1.2m
+49%
operating profit
-37.2k
0%
gross margin
26.7%
-0.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2024net assets
210k
-0.12%
total assets
267.3k
-0.2%
cash
42.7k
-0.83%
net assets
Total assets minus all liabilities
therco-serck (projects) ltd company details
company number
11411278
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2024
previous names
N/A
accountant
LANDIN WILCOCK & CO
auditor
-
address
queen street chambers, 68 queen street, sheffield, S1 1WR
Bank
LLOYDS TSB BANK PLC
Legal Advisor
KEEBLES LLP
therco-serck (projects) 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 1 charges/mortgages relating to therco-serck (projects) ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
therco-serck (projects) 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 THERCO-SERCK (PROJECTS) LTD. This can take several minutes, an email will notify you when this has completed.
therco-serck (projects) ltd Companies House Filings - See Documents
| date | description | view/download |
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