sims property limited

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sims property limited Company Information

Share SIMS PROPERTY LIMITED

Company Number

11732208

Shareholders

cheryl sims

gary sims

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

66 norton road, letchworth, SG6 1AE

Website

-

sims property limited Estimated Valuation

£316.3k

Pomanda estimates the enterprise value of SIMS PROPERTY LIMITED at £316.3k based on a Turnover of £131k and 2.42x industry multiple (adjusted for size and gross margin).

sims property limited Estimated Valuation

£101.1k

Pomanda estimates the enterprise value of SIMS PROPERTY LIMITED at £101.1k based on an EBITDA of £21.4k and a 4.72x industry multiple (adjusted for size and gross margin).

sims property limited Estimated Valuation

£59.6k

Pomanda estimates the enterprise value of SIMS PROPERTY LIMITED at £59.6k based on Net Assets of £34.1k and 1.75x industry multiple (adjusted for liquidity).

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Sims Property Limited Overview

Sims Property Limited is a live company located in letchworth, SG6 1AE with a Companies House number of 11732208. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2018, it's largest shareholder is cheryl sims with a 55.6% stake. Sims Property Limited is a young, micro sized company, Pomanda has estimated its turnover at £131k with rapid growth in recent years.

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Sims Property Limited Health Check

Pomanda's financial health check has awarded Sims Property Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £131k, make it smaller than the average company (£1m)

£131k - Sims Property Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (5.7%)

40% - Sims Property Limited

5.7% - Industry AVG

production

Production

with a gross margin of 31.3%, this company has a higher cost of product (72.9%)

31.3% - Sims Property Limited

72.9% - Industry AVG

profitability

Profitability

an operating margin of 16.4% make it less profitable than the average company (26%)

16.4% - Sims Property Limited

26% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Sims Property Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)

£33.8k - Sims Property Limited

£33.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £65.5k, this is less efficient (£202.2k)

£65.5k - Sims Property Limited

£202.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is later than average (31 days)

49 days - Sims Property Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 663 days, this is slower than average (36 days)

663 days - Sims Property Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sims Property Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sims Property Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82.7%, this is a higher level of debt than the average (69%)

82.7% - Sims Property Limited

69% - Industry AVG

SIMS PROPERTY LIMITED financials

EXPORTms excel logo

Sims Property Limited's latest turnover from December 2024 is estimated at £131 thousand and the company has net assets of £34.1 thousand. According to their latest financial statements, Sims Property Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Turnover130,97064,69973,64747,78576,60483,812
Other Income Or Grants
Cost Of Sales89,97347,35255,52036,33657,99163,194
Gross Profit40,99817,34718,12711,44918,61420,618
Admin Expenses19,578-9,257-106-2,39832,15320,455
Operating Profit21,42026,60418,23313,847-13,539163
Interest Payable10,3658,753
Interest Receivable317211
Pre-Tax Profit21,42016,5569,69113,847-13,539163
Tax-5,355-4,139-1,841-2,631-31
Profit After Tax16,06512,4177,85011,216-13,539132
Dividends Paid
Retained Profit16,06512,4177,85011,216-13,539132
Employee Costs67,57133,05631,39730,18828,42229,194
Number Of Employees211111
EBITDA*21,42026,60418,23313,847-13,539163

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Tangible Assets179,878179,878179,878179,878179,878179,878
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets179,878179,878179,878179,878179,878179,878
Stock & work in progress
Trade Debtors17,75848212,4021,126132
Group Debtors
Misc Debtors
Cash12,075
misc current assets
total current assets17,75848212,07512,4021,126132
total assets197,636180,360191,953192,280181,004180,010
Bank overdraft
Bank loan
Trade Creditors 163,495162,284492194,411179,878
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,843
total current liabilities163,495162,2841,843492194,411179,878
loans184,271
hp & lease commitments
Accruals and Deferred Income
other liabilities193,979
provisions
total long term liabilities184,271193,979
total liabilities163,495162,284186,114194,471194,411179,878
net assets34,14118,0765,839-2,191-13,407132
total shareholders funds34,14118,0765,839-2,191-13,407132
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Operating Activities
Operating Profit21,42026,60418,23313,847-13,539163
Depreciation
Amortisation
Tax-5,355-4,139-1,841-2,631-31
Stock
Debtors17,276482-12,40211,276994132
Creditors1,211162,284-492-193,91914,533179,878
Accruals and Deferred Income-1,8431,843
Deferred Taxes & Provisions
Cash flow from operations182,42430,145-193,979179,878
Investing Activities
capital expenditure-179,878
Change in Investments
cash flow from investments-179,878
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-184,271184,271
Hire Purchase and Lease Commitments
other long term liabilities-193,979193,979
share issue-180180
interest-10,048-8,542
cash flow from financing-194,499-18,070193,979
cash and cash equivalents
cash-12,07512,075
overdraft
change in cash-12,07512,075

sims property 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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Sims Property Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sims property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SG6 area or any other competitors across 12 key performance metrics.

sims property limited Ownership

SIMS PROPERTY LIMITED group structure

Sims Property Limited has no subsidiary companies.

Ultimate parent company

SIMS PROPERTY LIMITED

11732208

SIMS PROPERTY LIMITED Shareholders

cheryl sims 55.56%
gary sims 33.33%
james sims 11.11%

sims property limited directors

Sims Property Limited currently has 2 directors. The longest serving directors include Mr Gary Sims (Dec 2018) and Mrs Cheryl Sims (Dec 2018).

officercountryagestartendrole
Mr Gary SimsEngland59 years Dec 2018- Director
Mrs Cheryl SimsUnited Kingdom58 years Dec 2018- Director

P&L

December 2024

turnover

131k

+102%

operating profit

21.4k

0%

gross margin

31.4%

+16.75%

turnover

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

Balance Sheet

December 2024

net assets

34.1k

+0.89%

total assets

197.6k

+0.1%

cash

0

0%

net assets

Total assets minus all liabilities

sims property limited company details

company number

11732208

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

December 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2024

previous names

N/A

accountant

-

auditor

-

address

66 norton road, letchworth, SG6 1AE

Bank

-

Legal Advisor

-

sims property 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 did not find charges/mortgages relating to sims property limited.

sims property 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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sims property limited Companies House Filings - See Documents

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