sim building group limited

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sim building group limited Company Information

Share SIM BUILDING GROUP LIMITED

Company Number

SC129108

Directors

Martin Sim

John Greig

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Shareholders

sim group (holdings) ltd

Group Structure

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Industry

Construction of commercial buildings

 +2

Registered Address

1 roman road, kirkintilloch, glasgow, G66 1DY

sim building group limited Estimated Valuation

£688.2k

Pomanda estimates the enterprise value of SIM BUILDING GROUP LIMITED at £688.2k based on a Turnover of £1.6m and 0.42x industry multiple (adjusted for size and gross margin).

sim building group limited Estimated Valuation

£279.7k

Pomanda estimates the enterprise value of SIM BUILDING GROUP LIMITED at £279.7k based on an EBITDA of £77.7k and a 3.6x industry multiple (adjusted for size and gross margin).

sim building group limited Estimated Valuation

£874k

Pomanda estimates the enterprise value of SIM BUILDING GROUP LIMITED at £874k based on Net Assets of £592.5k and 1.48x industry multiple (adjusted for liquidity).

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Sim Building Group Limited Overview

Sim Building Group Limited is a live company located in glasgow, G66 1DY with a Companies House number of SC129108. It operates in the development of building projects sector, SIC Code 41100. Founded in December 1990, it's largest shareholder is sim group (holdings) ltd with a 100% stake. Sim Building Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.

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Sim Building Group Limited Health Check

Pomanda's financial health check has awarded Sim Building Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £1.6m, make it smaller than the average company (£4m)

£1.6m - Sim Building Group Limited

£4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -41%, show it is growing at a slower rate (8.9%)

-41% - Sim Building Group Limited

8.9% - Industry AVG

production

Production

with a gross margin of 21.3%, this company has a comparable cost of product (21.3%)

21.3% - Sim Building Group Limited

21.3% - Industry AVG

profitability

Profitability

an operating margin of 4.4% make it less profitable than the average company (5.6%)

4.4% - Sim Building Group Limited

5.6% - Industry AVG

employees

Employees

with 17 employees, this is above the industry average (12)

17 - Sim Building Group Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)

£48.4k - Sim Building Group Limited

£48.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95.8k, this is less efficient (£256.9k)

£95.8k - Sim Building Group Limited

£256.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (33 days)

4 days - Sim Building Group Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is slower than average (34 days)

38 days - Sim Building Group Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sim Building Group Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (15 weeks)

18 weeks - Sim Building Group Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 63.7%, this is a similar level of debt than the average (69.6%)

63.7% - Sim Building Group Limited

69.6% - Industry AVG

SIM BUILDING GROUP LIMITED financials

EXPORTms excel logo

Sim Building Group Limited's latest turnover from April 2024 is estimated at £1.6 million and the company has net assets of £592.5 thousand. According to their latest financial statements, Sim Building Group Limited has 17 employees and maintains cash reserves of £358.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover1,627,9931,685,4464,336,5548,121,5573,207,1156,033,1884,256,0436,838,8053,741,5848,966,3227,730,92410,312,9389,046,38612,523,80212,855,155
Other Income Or Grants
Cost Of Sales1,281,1431,329,4503,451,4256,551,1052,531,9284,684,6703,283,2515,212,0712,900,7077,029,3646,085,9148,112,9097,169,2559,856,3359,977,759
Gross Profit346,850355,995885,1291,570,452675,1871,348,518972,7921,626,734840,8771,936,9571,645,0102,200,0291,877,1312,667,4672,877,395
Admin Expenses275,865440,8731,040,4721,439,114593,8481,424,435998,2651,165,465823,8911,629,5091,583,4482,354,8381,817,9822,672,8312,683,394
Operating Profit70,985-84,878-155,343131,33881,339-75,917-25,473461,26916,986307,44861,562-154,80959,149-5,364194,001
Interest Payable10,07820,92716,1727,625
Interest Receivable12,0018,4163,4414131872,5231,3159692,1843447043454318
Pre-Tax Profit72,908-97,389-168,074124,12681,526-73,394-24,158462,23819,170307,79361,632-154,76659,193-5,321194,019
Tax-18,227-23,584-15,490-87,825-3,834-61,558-12,943-14,206-54,325
Profit After Tax54,681-97,389-168,074100,54266,036-73,394-24,158374,41315,336246,23448,689-154,76644,987-5,321139,694
Dividends Paid
Retained Profit54,681-97,389-168,074100,54266,036-73,394-24,158374,41315,336246,23448,689-154,76644,987-5,321139,694
Employee Costs822,333760,519783,304861,500877,174931,763996,844908,444838,0881,034,108951,5381,305,1631,214,6221,745,3621,901,735
Number Of Employees171617202021232220262535334955
EBITDA*77,721-70,224-130,046159,005111,820-42,544-6,560464,77316,986357,448111,562-154,80959,149-5,364194,001

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets236,75921,41246,71830,42367,27947,90033,993
Intangible Assets50,000100,000100,000
Investments & Other75,000425,004425,00475,00444
Debtors (Due After 1 year)839,624
Total Fixed Assets236,759861,03646,71830,42367,27947,90033,99375,000475,004525,004175,00444
Stock & work in progress82,39258,721
Trade Debtors20,62932,152469,0531,126,803259,737604,652391,967866,062351,1241,018,922704,747866,951933,3861,592,5191,619,411
Group Debtors111,379625,917551,916395,4671,141,841
Misc Debtors1,254,9151,246,88461,237134,494179,36585,50745,69138,89939,422
Cash358,41798,761297,277620,312206,295167,262505,47720,466754,627118,97518,7089,1428,0259,8897,279
misc current assets46,72343,92241,446
total current assets1,633,9611,377,797827,5671,992,9881,271,3141,409,3371,338,6022,067,2681,145,1731,137,897723,455876,093988,1341,728,7221,726,857
total assets1,633,9841,384,5561,688,6032,039,7061,301,7371,476,6161,386,5022,101,2611,145,1731,212,8971,198,4591,401,0971,163,1381,728,7261,726,861
Bank overdraft
Bank loan50,000
Trade Creditors 136,269133,065446,215712,070240,482678,603324,834565,918163,267794,573938,6721,288,440919,3311,527,6441,363,815
Group/Directors Accounts177,71244444228,086
other short term finances50,00020,834
hp & lease commitments
other current liabilities885,104470,861155,872204,912298,036111,968282,399712,358347,074
total current liabilities1,021,373653,926829,799937,820538,522790,575607,2371,278,280738,427794,573938,6721,288,440919,3311,527,6441,363,815
loans129,167179,167229,166
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions20,10163,63444,41969,42860,46549,32769,15788,71546,89373,807161,50463,06339,44741,709198,352
total long term liabilities20,101192,801223,586298,59460,46549,32769,15788,71546,89373,807161,50463,06339,44741,709198,352
total liabilities1,041,474846,7271,053,3851,236,414598,987839,902676,3941,366,995785,320868,3801,100,1761,351,503958,7781,569,3531,562,167
net assets592,510537,829635,218803,292702,750636,714710,108734,266359,853344,51798,28349,594204,360159,373164,694
total shareholders funds592,510537,829635,218803,292702,750636,714710,108734,266359,853344,51798,28349,594204,360159,373164,694
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit70,985-84,878-155,343131,33881,339-75,917-25,473461,26916,986307,44861,562-154,80959,149-5,364194,001
Depreciation6,73614,65425,29727,66730,48133,37318,9133,504
Amortisation50,00050,000
Tax-18,227-23,584-15,490-87,825-3,834-61,558-12,943-14,206-54,325
Stock-82,39223,67158,721
Debtors-3,492-90,878-2,762307,657-177,056408,950-1,213,6771,656,256-628,376314,175-162,204-66,435-659,133-26,8921,619,411
Creditors3,204-313,150-265,855471,588-438,121353,769-241,084402,651-631,306-144,099-349,768369,109-608,313163,8291,363,815
Accruals and Deferred Income414,243314,989-49,040-93,124186,068-170,431-429,959365,284347,074
Deferred Taxes & Provisions-43,53319,215-25,0098,96311,138-19,830-19,55841,822-26,914-87,69798,44123,616-2,262-156,643198,352
Cash flow from operations436,90041,708-467,188215,19132,471-287,986516,516-469,551330,382-250,0819,496304,351175,8935,04323,711
Investing Activities
capital expenditure-19-43,9626,375-52,752-32,820-37,497-100,000
Change in Investments-75,000-350,004350,00075,0004
cash flow from investments-19-43,9626,375-52,752-32,820-37,49775,000350,004-350,000-175,000-4
Financing Activities
Bank loans-50,00050,000
Group/Directors Accounts-177,712177,708-228,082228,086
Other Short Term Loans -50,00029,16620,834
Long term loans-129,167-50,000-49,999229,166
Hire Purchase and Lease Commitments
other long term liabilities
share issue25,000
interest1,923-12,511-12,731-7,2121872,5231,3159692,1843447043454318
cash flow from financing-177,244-240,223144,144242,7881872,5231,315-227,113230,2703447043454325,018
cash and cash equivalents
cash259,656-198,516-323,035414,01739,033-338,215485,011-734,161635,652100,2679,5661,117-1,8642,6107,279
overdraft
change in cash259,656-198,516-323,035414,01739,033-338,215485,011-734,161635,652100,2679,5661,117-1,8642,6107,279

sim building group 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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Sim Building Group Limited Competitor Analysis

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Perform a competitor analysis for sim building group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in G66 area or any other competitors across 12 key performance metrics.

sim building group limited Ownership

SIM BUILDING GROUP LIMITED group structure

Sim Building Group Limited has no subsidiary companies.

Ultimate parent company

1 parent

SIM BUILDING GROUP LIMITED

SC129108

SIM BUILDING GROUP LIMITED Shareholders

sim group (holdings) ltd 100%

sim building group limited directors

Sim Building Group Limited currently has 3 directors. The longest serving directors include Mr Martin Sim (Jun 1998) and Mr John Greig (Dec 2004).

officercountryagestartendrole
Mr Martin Sim56 years Jun 1998- Director
Mr John GreigScotland59 years Dec 2004- Director
Mr Michael ThewlisScotland53 years Jun 2011- Director

P&L

April 2024

turnover

1.6m

-3%

operating profit

71k

0%

gross margin

21.4%

+0.87%

turnover

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

Balance Sheet

April 2024

net assets

592.5k

+0.1%

total assets

1.6m

+0.18%

cash

358.4k

+2.63%

net assets

Total assets minus all liabilities

sim building group limited company details

company number

SC129108

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

41201 - Construction of commercial buildings

41100 - Development of building projects

incorporation date

December 1990

age

35

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

landmark structures limited (November 2004)

accountant

-

auditor

-

address

1 roman road, kirkintilloch, glasgow, G66 1DY

Bank

ROYAL BANK OF SCOTLAND, ROYAL BANK OF SCOTLAND

Legal Advisor

-

sim building group 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 sim building group limited. Currently there are 1 open charges and 0 have been satisfied in the past.

sim building group 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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sim building group limited Companies House Filings - See Documents

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