Engineering design activities for industrial process and production
Registered Address
chalfont park house, chalfont park, gerrards cross, buckinghamshire, SL9 0DZ
Website
-
sphere design limitedEstimated Valuation
£904.4k
Pomanda estimates the enterprise value of SPHERE DESIGN LIMITED at £904.4k based on a Turnover of £2m and 0.46x industry multiple (adjusted for size and gross margin).
sphere design limitedEstimated Valuation
£27.1k
Pomanda estimates the enterprise value of SPHERE DESIGN LIMITED at £27.1k based on an EBITDA of £6.8k and a 4x industry multiple (adjusted for size and gross margin).
sphere design limitedEstimated Valuation
£26.9k
Pomanda estimates the enterprise value of SPHERE DESIGN LIMITED at £26.9k based on Net Assets of £10.2k and 2.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sphere Design LimitedOverview
Sphere Design Limited is a live company located in gerrards cross, SL9 0DZ with a Companies House number of 14641649. It operates in the engineering design activities for industrial process and production sector, SIC Code 71121. Founded in February 2023, it's largest shareholder is
hilton foods limited
with a 50% stake. Sphere Design Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£2m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Sphere Design Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
4 Regular
5 Weak
Size
annual sales of £2m, make it in line with the average company (£2.2m)
£2m - Sphere Design Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Sphere Design Limited
- - Industry AVG
Production
with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)
31.5% - Sphere Design Limited
31.5% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (5.9%)
0.4% - Sphere Design Limited
5.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
2 - Sphere Design Limited
31 - Industry AVG
Pay Structure
on an average salary of £57.2k, the company has an equivalent pay structure (£57.2k)
£57.2k - Sphere Design Limited
£57.2k - Industry AVG
Efficiency
resulting in sales per employee of £978.8k, this is more efficient (£113.3k)
£978.8k - Sphere Design Limited
£113.3k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is near the average (73 days)
79 days - Sphere Design Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (39 days)
142 days - Sphere Design Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 100 days, this is more than average (30 days)
100 days - Sphere Design Limited
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 11 weeks, this is less cash available to meet short term requirements (18 weeks)
11 weeks - Sphere Design Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.1%, this is a higher level of debt than the average (50.6%)
99.1% - Sphere Design Limited
50.6% - Industry AVG
SPHERE DESIGN LIMITED financials
EXPORT
Sphere Design Limited's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £10.2 thousand. According to their latest financial statements, Sphere Design Limited has 2 employees and maintains cash reserves of £252 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Turnover
1,957,672
Other Income Or Grants
Cost Of Sales
1,340,334
Gross Profit
617,338
Admin Expenses
610,573
Operating Profit
6,765
Interest Payable
Interest Receivable
6,615
Pre-Tax Profit
13,380
Tax
-3,345
Profit After Tax
10,035
Dividends Paid
Retained Profit
10,035
Employee Costs
114,467
Number Of Employees
2
EBITDA*
6,765
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
370,490
Trade Debtors
428,499
Group Debtors
Misc Debtors
109,163
Cash
251,995
misc current assets
total current assets
1,160,147
total assets
1,160,147
Bank overdraft
Bank loan
Trade Creditors
522,107
Group/Directors Accounts
19,052
other short term finances
hp & lease commitments
other current liabilities
608,753
total current liabilities
1,149,912
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,149,912
net assets
10,235
total shareholders funds
10,235
Dec 2023
Operating Activities
Operating Profit
6,765
Depreciation
Amortisation
Tax
-3,345
Stock
370,490
Debtors
537,662
Creditors
522,107
Accruals and Deferred Income
608,753
Deferred Taxes & Provisions
Cash flow from operations
226,128
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
19,052
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
200
interest
6,615
cash flow from financing
25,867
cash and cash equivalents
cash
251,995
overdraft
change in cash
251,995
sphere design limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for sphere design limited. Get real-time insights into sphere design limited's credit score, group structure and payment trends.
Perform a competitor analysis for sphere design limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SL9 area or any other competitors across 12 key performance metrics.
sphere design limited Ownership
SPHERE DESIGN LIMITED group structure
Sphere Design Limited has no subsidiary companies.
Ultimate parent company
SPHERE DESIGN LIMITED
14641649
SPHERE DESIGN LIMITED Shareholders
The largest shareholders in Sphere Design Limited include Hilton Foods Limited and Smartparc Limited.
hilton foods limited
50%
smartparc limited
50%
sphere design limited directors
Sphere Design Limited currently has 3 directors.
The longest serving directors include
Mr Michael McDonnell (Feb 2023) and
Mrs Jacqueline Wild (Feb 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
10.2k
0%
total assets
1.2m
0%
cash
252k
0%
net assets
Total assets minus all liabilities
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sphere design limited company details
company number
14641649
Type
Private limited with Share Capital
industry
71121 - Engineering design activities for industrial process and production
incorporation date
February 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
sphere food systems limited (May 2023)
accountant
CUBE PARTNERS LIMITED
auditor
-
address
chalfont park house, chalfont park, gerrards cross, buckinghamshire, SL9 0DZ
Bank
-
Legal Advisor
-
sphere design 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 sphere design limited.
sphere design 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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sphere design limitedCompanies House Filings - See Documents
