sirron technologies limited
sirron technologies limited Company Information
Company Number
12962545
Website
http://wavepower.comRegistered Address
new farm offices hartlake, glastonbury, somerset, BA6 9AB
Industry
Manufacture of other electrical equipment
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Adam Norris0 Years
Shareholders
pst holdings limited 100%
sirron technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SIRRON TECHNOLOGIES LIMITED at £2m based on a Turnover of £2.9m and 0.72x industry multiple (adjusted for size and gross margin).
sirron technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SIRRON TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-1.8m and a 5.41x industry multiple (adjusted for size and gross margin).
sirron technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SIRRON TECHNOLOGIES LIMITED at £0 based on Net Assets of £-6m and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sirron Technologies Limited Overview
Sirron Technologies Limited is a live company located in somerset, BA6 9AB with a Companies House number of 12962545. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in October 2020, it's largest shareholder is pst holdings limited with a 100% stake. Sirron Technologies Limited is a startup, small sized company, Pomanda has estimated its turnover at £2.9m with unknown growth in recent years.
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Sirron Technologies Limited Health Check
Pomanda's financial health check has awarded Sirron Technologies Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£11.7m)
- Sirron Technologies Limited
£11.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sirron Technologies Limited
- - Industry AVG
Production
with a gross margin of 33.8%, this company has a comparable cost of product (33.8%)
- Sirron Technologies Limited
33.8% - Industry AVG
Profitability
an operating margin of -68.3% make it less profitable than the average company (6.9%)
- Sirron Technologies Limited
6.9% - Industry AVG
Employees
with 25 employees, this is below the industry average (74)
25 - Sirron Technologies Limited
74 - Industry AVG
Pay Structure
on an average salary of £48k, the company has an equivalent pay structure (£48k)
- Sirron Technologies Limited
£48k - Industry AVG
Efficiency
resulting in sales per employee of £114.5k, this is less efficient (£168.3k)
- Sirron Technologies Limited
£168.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sirron Technologies Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (50 days)
- Sirron Technologies Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sirron Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Sirron Technologies Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1345.9%, this is a higher level of debt than the average (41.6%)
1345.9% - Sirron Technologies Limited
41.6% - Industry AVG
SIRRON TECHNOLOGIES LIMITED financials
Sirron Technologies Limited's latest turnover from February 2023 is estimated at £2.9 million and the company has net assets of -£6 million. According to their latest financial statements, Sirron Technologies Limited has 25 employees and maintains cash reserves of £28.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | |
|---|---|---|
| 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 | 25 | 30 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Tangible Assets | 221,238 | 322,847 |
| Intangible Assets | 157,582 | 67,330 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 378,820 | 390,177 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 969 | 0 |
| Misc Debtors | 76,960 | 53,250 |
| Cash | 28,296 | 15,658 |
| misc current assets | 0 | 0 |
| total current assets | 106,225 | 68,908 |
| total assets | 485,045 | 459,085 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 151,446 | 23,949 |
| Group/Directors Accounts | 6,237,540 | 4,235,955 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 139,220 | 288,480 |
| total current liabilities | 6,528,206 | 4,548,384 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 6,528,206 | 4,548,384 |
| net assets | -6,043,161 | -4,089,299 |
| total shareholders funds | -6,043,161 | -4,089,299 |
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 140,907 | 38,325 |
| Amortisation | 16,948 | 10,397 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 24,679 | 53,250 |
| Creditors | 127,497 | 23,949 |
| Accruals and Deferred Income | -149,260 | 288,480 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 2,001,585 | 4,235,955 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 12,638 | 15,658 |
| overdraft | 0 | 0 |
| change in cash | 12,638 | 15,658 |
sirron technologies limited Credit Report and Business Information
Sirron Technologies Limited Competitor Analysis
Perform a competitor analysis for sirron technologies limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
sirron technologies limited Ownership
SIRRON TECHNOLOGIES LIMITED group structure
Sirron Technologies Limited has no subsidiary companies.
Ultimate parent company
2 parents
SIRRON TECHNOLOGIES LIMITED
12962545
sirron technologies limited directors
Sirron Technologies Limited currently has 1 director, Mr Adam Norris serving since Sep 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Norris | United Kingdom | 53 years | Sep 2023 | - | Director |
P&L
February 2023turnover
2.9m
-6%
operating profit
-2m
0%
gross margin
33.8%
-1.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-6m
+0.48%
total assets
485k
+0.06%
cash
28.3k
+0.81%
net assets
Total assets minus all liabilities
Similar Companies
sirron technologies limited company details
company number
12962545
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
October 2020
age
4
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
new farm offices hartlake, glastonbury, somerset, BA6 9AB
last accounts submitted
February 2023
sirron technologies 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 1 charges/mortgages relating to sirron technologies limited. Currently there are 1 open charges and 0 have been satisfied in the past.
sirron technologies limited Companies House Filings - See Documents
| date | description | view/download |
|---|
