sperrin manufacturing limited
sperrin manufacturing limited Company Information
Company Number
NI633776
Next Accounts
May 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
anita cuskeran
Group Structure
View All
Contact
Registered Address
unit 1 hillhead road, toomebridge, antrim, BT41 3UF
Website
-sperrin manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of SPERRIN MANUFACTURING LIMITED at £6.3m based on a Turnover of £2.6m and 2.48x industry multiple (adjusted for size and gross margin).
sperrin manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of SPERRIN MANUFACTURING LIMITED at £0 based on an EBITDA of £-15.3k and a 5.26x industry multiple (adjusted for size and gross margin).
sperrin manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of SPERRIN MANUFACTURING LIMITED at £1.2m based on Net Assets of £752.7k and 1.58x industry multiple (adjusted for liquidity).
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Sperrin Manufacturing Limited Overview
Sperrin Manufacturing Limited is a live company located in antrim, BT41 3UF with a Companies House number of NI633776. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2015, it's largest shareholder is anita cuskeran with a 100% stake. Sperrin Manufacturing Limited is a young, small sized company, Pomanda has estimated its turnover at £2.6m with healthy growth in recent years.
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Sperrin Manufacturing Limited Health Check
Pomanda's financial health check has awarded Sperrin Manufacturing Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £2.6m, make it larger than the average company (£830.2k)
- Sperrin Manufacturing Limited
£830.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.6%)
- Sperrin Manufacturing Limited
2.6% - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (73.6%)
- Sperrin Manufacturing Limited
73.6% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (28.2%)
- Sperrin Manufacturing Limited
28.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Sperrin Manufacturing Limited
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Sperrin Manufacturing Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£180.2k)
- Sperrin Manufacturing Limited
£180.2k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (32 days)
- Sperrin Manufacturing Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 698 days, this is slower than average (35 days)
- Sperrin Manufacturing Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 255 days, this is more than average (57 days)
- Sperrin Manufacturing Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Sperrin Manufacturing Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.9%, this is a higher level of debt than the average (68.3%)
81.9% - Sperrin Manufacturing Limited
68.3% - Industry AVG
SPERRIN MANUFACTURING LIMITED financials
Sperrin Manufacturing Limited's latest turnover from August 2023 is estimated at £2.6 million and the company has net assets of £752.7 thousand. According to their latest financial statements, Sperrin Manufacturing Limited has 2 employees and maintains cash reserves of £161.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,988,241 | 1,112,157 | 1,093,994 | 1,088,994 | 3,000 | 1,414,764 | 819,254 | 1 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 1,047,075 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,988,241 | 1,112,157 | 1,093,994 | 1,088,994 | 1,050,075 | 1,414,764 | 819,254 | 1 |
| Stock & work in progress | 1,242,702 | 1,121,567 | 859,826 | 816,955 | 2,640,598 | 244,536 | 101,480 | 0 |
| Trade Debtors | 765,317 | 937,868 | 526,286 | 451,696 | 860,732 | 426,257 | 167,935 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 161,646 | 61,934 | 175,583 | 46,947 | 101,971 | 160,497 | 118,140 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,169,665 | 2,121,369 | 1,561,695 | 1,315,598 | 3,603,301 | 831,290 | 387,555 | 0 |
| total assets | 4,157,906 | 3,233,526 | 2,655,689 | 2,404,592 | 4,653,376 | 2,246,054 | 1,206,809 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,405,233 | 2,469,416 | 1,991,464 | 1,824,014 | 4,126,620 | 1,875,937 | 1,148,555 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,405,233 | 2,469,416 | 1,991,464 | 1,824,014 | 4,126,620 | 1,875,937 | 1,148,555 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,405,233 | 2,469,416 | 1,991,464 | 1,824,014 | 4,126,620 | 1,875,937 | 1,148,555 | 0 |
| net assets | 752,673 | 764,110 | 664,225 | 580,578 | 526,756 | 370,117 | 58,254 | 1 |
| total shareholders funds | 752,673 | 764,110 | 664,225 | 580,578 | 526,756 | 370,117 | 58,254 | 1 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,982 | 1,651 | 1,500 | 1,500 | 1,800 | 1,200 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 121,135 | 261,741 | 42,871 | -1,823,643 | 2,396,062 | 143,056 | 101,480 | 0 |
| Debtors | -172,551 | 411,582 | 74,590 | -409,036 | 434,475 | 258,322 | 167,935 | 0 |
| Creditors | 935,817 | 477,952 | 167,450 | -2,302,606 | 2,250,683 | 727,382 | 1,148,555 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | -1,047,075 | 1,047,075 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 99,712 | -113,649 | 128,636 | -55,024 | -58,526 | 42,357 | 118,140 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 99,712 | -113,649 | 128,636 | -55,024 | -58,526 | 42,357 | 118,140 | 0 |
sperrin manufacturing limited Credit Report and Business Information
Sperrin Manufacturing Limited Competitor Analysis
Perform a competitor analysis for sperrin manufacturing limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in BT41 area or any other competitors across 12 key performance metrics.
sperrin manufacturing limited Ownership
SPERRIN MANUFACTURING LIMITED group structure
Sperrin Manufacturing Limited has no subsidiary companies.
Ultimate parent company
SPERRIN MANUFACTURING LIMITED
NI633776
sperrin manufacturing limited directors
Sperrin Manufacturing Limited currently has 2 directors. The longest serving directors include Mr Mark Cuskeran (Sep 2015) and Mrs Anita Cuskeran (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Cuskeran | United Kingdom | 57 years | Sep 2015 | - | Director |
| Mrs Anita Cuskeran | Northern Ireland | 55 years | Jan 2017 | - | Director |
P&L
August 2023turnover
2.6m
-9%
operating profit
-17.3k
0%
gross margin
30.5%
+7.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
752.7k
-0.01%
total assets
4.2m
+0.29%
cash
161.6k
+1.61%
net assets
Total assets minus all liabilities
sperrin manufacturing limited company details
company number
NI633776
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
September 2015
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
sperrin 55 limited (January 2017)
accountant
-
auditor
-
address
unit 1 hillhead road, toomebridge, antrim, BT41 3UF
Bank
-
Legal Advisor
-
sperrin manufacturing 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 sperrin manufacturing limited.
sperrin manufacturing limited Companies House Filings - See Documents
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