simkiss home automation limited
simkiss home automation limited Company Information
Company Number
01107218
Next Accounts
Jun 2025
Shareholders
simkiss holdings (sha) ltd
Group Structure
View All
Industry
Wholesale of electronic and telecommunications equipment and parts
Registered Address
unit 3 westcroft industrial esta, manchester old road, manchester, M24 4GJ
Website
www.simkiss.co.uksimkiss home automation limited Estimated Valuation
Pomanda estimates the enterprise value of SIMKISS HOME AUTOMATION LIMITED at £659.8k based on a Turnover of £2.1m and 0.31x industry multiple (adjusted for size and gross margin).
simkiss home automation limited Estimated Valuation
Pomanda estimates the enterprise value of SIMKISS HOME AUTOMATION LIMITED at £108.4k based on an EBITDA of £31.8k and a 3.41x industry multiple (adjusted for size and gross margin).
simkiss home automation limited Estimated Valuation
Pomanda estimates the enterprise value of SIMKISS HOME AUTOMATION LIMITED at £275.1k based on Net Assets of £145.6k and 1.89x industry multiple (adjusted for liquidity).
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Simkiss Home Automation Limited Overview
Simkiss Home Automation Limited is a live company located in manchester, M24 4GJ with a Companies House number of 01107218. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in April 1973, it's largest shareholder is simkiss holdings (sha) ltd with a 100% stake. Simkiss Home Automation Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with low growth in recent years.
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Simkiss Home Automation Limited Health Check
Pomanda's financial health check has awarded Simkiss Home Automation Limited a 2 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
2 Strong
3 Regular
7 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£14.8m)
- Simkiss Home Automation Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7%)
- Simkiss Home Automation Limited
7% - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)
- Simkiss Home Automation Limited
24.5% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5%)
- Simkiss Home Automation Limited
5% - Industry AVG
Employees
with 7 employees, this is below the industry average (33)
7 - Simkiss Home Automation Limited
33 - Industry AVG
Pay Structure
on an average salary of £56.1k, the company has an equivalent pay structure (£56.1k)
- Simkiss Home Automation Limited
£56.1k - Industry AVG
Efficiency
resulting in sales per employee of £299.8k, this is less efficient (£501.5k)
- Simkiss Home Automation Limited
£501.5k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (59 days)
- Simkiss Home Automation Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (28 days)
- Simkiss Home Automation Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 50 days, this is less than average (63 days)
- Simkiss Home Automation Limited
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (12 weeks)
4 weeks - Simkiss Home Automation Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.7%, this is a higher level of debt than the average (54.9%)
80.7% - Simkiss Home Automation Limited
54.9% - Industry AVG
SIMKISS HOME AUTOMATION LIMITED financials
Simkiss Home Automation Limited's latest turnover from September 2023 is estimated at £2.1 million and the company has net assets of £145.6 thousand. According to their latest financial statements, Simkiss Home Automation Limited has 7 employees and maintains cash reserves of £46.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 6 | 4 | 4 | 4 | 3 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 151,951 | 164,603 | 145,909 | 6,994 | 2,666 | 1,958 | 16,848 | 20,735 | 150,582 | ||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 20,674 | 20,674 | 579,401 | 654,857 | 685,014 | 711,870 | |||||||||
| Total Fixed Assets | 151,951 | 164,603 | 145,909 | 6,994 | 2,666 | 1,958 | 20,674 | 20,674 | 579,401 | 671,705 | 705,749 | 862,452 | |||
| Stock & work in progress | 220,249 | 200,623 | 41,450 | 97,779 | 116,411 | 54,550 | 10,250 | ||||||||
| Trade Debtors | 308,229 | 169,726 | 149,347 | 416,667 | 264,739 | 209,927 | 31,698 | 194 | 27,531 | 170,897 | |||||
| Group Debtors | 35,902 | ||||||||||||||
| Misc Debtors | 25,236 | 33,544 | 12,015 | 18,623 | |||||||||||
| Cash | 46,845 | 10,278 | 4,969 | 98,377 | 162,091 | 10,817 | 11 | 11 | 167 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 600,559 | 414,171 | 243,683 | 533,667 | 524,609 | 337,155 | 86,248 | 11 | 11 | 194 | 27,531 | 181,314 | |||
| total assets | 752,510 | 578,774 | 389,592 | 540,661 | 527,275 | 339,113 | 86,248 | 20,685 | 20,685 | 579,401 | 671,899 | 733,280 | 1,043,766 | ||
| Bank overdraft | 13,402 | 239,345 | |||||||||||||
| Bank loan | 18,182 | 18,182 | 18,182 | 18,182 | 318,357 | ||||||||||
| Trade Creditors | 215,736 | 87,315 | 107,326 | 199,131 | 320,722 | 12,727 | 16,235 | 558,716 | 601,765 | 652,908 | 367,908 | ||||
| Group/Directors Accounts | 164,191 | 93,840 | 46,322 | 131,621 | 262,108 | 25,965 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 20,777 | 19,729 | |||||||||||||
| other current liabilities | 124,819 | 106,458 | 58,564 | 83,580 | 14,557 | 17,223 | 9,989 | ||||||||
| total current liabilities | 543,705 | 325,524 | 184,072 | 347,215 | 466,900 | 292,058 | 65,591 | 558,716 | 601,765 | 652,908 | 925,610 | ||||
| loans | 28,788 | 46,970 | 65,152 | 81,818 | |||||||||||
| hp & lease commitments | 10,782 | 31,559 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 23,674 | 22,612 | 22,127 | 1,329 | 453 | 333 | 811 | 997 | 1,176 | ||||||
| total long term liabilities | 63,244 | 101,141 | 87,279 | 83,147 | 453 | 333 | 811 | 997 | 1,176 | ||||||
| total liabilities | 606,949 | 426,665 | 271,351 | 430,362 | 467,353 | 292,391 | 65,591 | 558,716 | 602,576 | 653,905 | 926,786 | ||||
| net assets | 145,561 | 152,109 | 118,241 | 110,299 | 59,922 | 46,722 | 20,657 | 20,685 | 20,685 | 20,685 | 69,323 | 79,375 | 116,980 | ||
| total shareholders funds | 145,561 | 152,109 | 118,241 | 110,299 | 59,922 | 46,722 | 20,657 | 20,685 | 20,685 | 20,685 | 69,323 | 79,375 | 116,980 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 33,562 | 33,872 | 14,592 | 2,305 | 758 | 1,761 | 3,887 | 4,847 | 6,067 | ||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 19,626 | 159,173 | 41,450 | -97,779 | -18,632 | 61,861 | 54,550 | -10,250 | 10,250 | ||||||
| Debtors | 130,195 | 6,006 | -238,026 | 170,551 | 54,812 | 178,229 | 11,024 | 20,674 | -20,674 | -558,727 | -75,650 | -57,494 | -170,222 | 882,767 | |
| Creditors | 128,421 | -20,011 | -91,805 | -121,591 | 307,995 | -3,508 | 16,235 | -558,716 | -43,049 | -51,143 | 285,000 | 367,908 | |||
| Accruals and Deferred Income | 18,361 | 47,894 | -25,016 | 69,023 | -2,666 | 7,234 | 9,989 | ||||||||
| Deferred Taxes & Provisions | 1,062 | 485 | 20,798 | 876 | 120 | 333 | -811 | -186 | -179 | 1,176 | |||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 18,182 | -318,357 | 318,357 | ||||||||||||
| Group/Directors Accounts | 70,351 | 93,840 | -46,322 | -85,299 | -130,487 | 236,143 | 25,965 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -18,182 | -18,182 | -16,666 | 81,818 | |||||||||||
| Hire Purchase and Lease Commitments | -19,729 | 51,288 | |||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 36,567 | 5,309 | -93,408 | -63,714 | 151,274 | 10,817 | -11 | 11 | -11 | 11 | -167 | 167 | |||
| overdraft | -13,402 | 13,402 | -239,345 | 239,345 | |||||||||||
| change in cash | 36,567 | 5,309 | -93,408 | -63,714 | 151,274 | 24,219 | -13,413 | 11 | -11 | 11 | 239,178 | -239,178 |
simkiss home automation limited Credit Report and Business Information
Simkiss Home Automation Limited Competitor Analysis
Perform a competitor analysis for simkiss home automation limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in M24 area or any other competitors across 12 key performance metrics.
simkiss home automation limited Ownership
SIMKISS HOME AUTOMATION LIMITED group structure
Simkiss Home Automation Limited has no subsidiary companies.
Ultimate parent company
1 parent
SIMKISS HOME AUTOMATION LIMITED
01107218
simkiss home automation limited directors
Simkiss Home Automation Limited currently has 2 directors. The longest serving directors include Mr Paul Simkiss (May 2007) and Mrs Janeen Simkiss (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Simkiss | England | 53 years | May 2007 | - | Director |
| Mrs Janeen Simkiss | 45 years | Jul 2020 | - | Director |
P&L
September 2023turnover
2.1m
+62%
operating profit
-1.7k
0%
gross margin
24.6%
+2.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
145.6k
-0.04%
total assets
752.5k
+0.3%
cash
46.8k
+3.56%
net assets
Total assets minus all liabilities
simkiss home automation limited company details
company number
01107218
Type
Private limited with Share Capital
industry
46520 - Wholesale of electronic and telecommunications equipment and parts
incorporation date
April 1973
age
52
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
varcol electrical services limited (May 2017)
accountant
AZETS
auditor
-
address
unit 3 westcroft industrial esta, manchester old road, manchester, M24 4GJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
simkiss home automation 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 11 charges/mortgages relating to simkiss home automation limited. Currently there are 6 open charges and 5 have been satisfied in the past.
simkiss home automation 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.
Click to start generating capital raising & share issue transactions for SIMKISS HOME AUTOMATION LIMITED. This can take several minutes, an email will notify you when this has completed.
simkiss home automation limited Companies House Filings - See Documents
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