southside limited

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southside limited Company Information

Share SOUTHSIDE LIMITED

Company Number

02893654

Shareholders

elena getmanskaya

waqar latif

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

104 southover, london, N12 7HD

southside limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of SOUTHSIDE LIMITED at £2.2m based on a Turnover of £661.8k and 3.35x industry multiple (adjusted for size and gross margin).

southside limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOUTHSIDE LIMITED at £0 based on an EBITDA of £-4.4k and a 6.74x industry multiple (adjusted for size and gross margin).

southside limited Estimated Valuation

£90.9k

Pomanda estimates the enterprise value of SOUTHSIDE LIMITED at £90.9k based on Net Assets of £51.5k and 1.76x industry multiple (adjusted for liquidity).

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Southside Limited Overview

Southside Limited is a live company located in london, N12 7HD with a Companies House number of 02893654. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1994, it's largest shareholder is elena getmanskaya with a 99% stake. Southside Limited is a mature, small sized company, Pomanda has estimated its turnover at £661.8k with high growth in recent years.

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Southside Limited Health Check

Pomanda's financial health check has awarded Southside Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

2 Weak

size

Size

annual sales of £661.8k, make it smaller than the average company (£923.6k)

£661.8k - Southside Limited

£923.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (4.9%)

25% - Southside Limited

4.9% - Industry AVG

production

Production

with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)

75.5% - Southside Limited

75.5% - Industry AVG

profitability

Profitability

an operating margin of -0.7% make it less profitable than the average company (29.3%)

-0.7% - Southside Limited

29.3% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Southside Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)

£32.4k - Southside Limited

£32.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £165.4k, this is equally as efficient (£177.3k)

£165.4k - Southside Limited

£177.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is near the average (30 days)

30 days - Southside Limited

30 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Southside Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Southside Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (12 weeks)

21 weeks - Southside Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12.6%, this is a lower level of debt than the average (64%)

12.6% - Southside Limited

64% - Industry AVG

SOUTHSIDE LIMITED financials

EXPORTms excel logo

Southside Limited's latest turnover from March 2024 is estimated at £661.8 thousand and the company has net assets of £51.5 thousand. According to their latest financial statements, we estimate that Southside Limited has 4 employees and maintains cash reserves of £2.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover661,7631,069,644465,393337,635435,757114,70323,69027,11752,24651,68862,27533,082
Other Income Or Grants
Cost Of Sales162,192269,040117,19384,303112,60130,6787,9978,85216,08015,92819,97510,302
Gross Profit499,572800,604348,200253,332323,15684,02515,69318,26536,16635,75942,30022,779
Admin Expenses503,983807,208350,445238,393297,82672,7671195,33547,32333,2339,466-1,7441,0743,31321,062
Operating Profit-4,411-6,604-2,24514,93925,33011,258-119-5,335-47,323-17,5408,79937,91034,68538,9871,717
Interest Payable
Interest Receivable39981020820151601196714819727021818412612
Pre-Tax Profit-4,012-5,794-2,03714,95925,34411,417-5,268-47,175-17,3439,06938,12834,86939,1131,729
Tax-2,842-4,815-2,169-2,086-9,151-9,066-10,951-484
Profit After Tax-4,012-5,794-2,03712,11720,5299,248-5,268-47,175-17,3436,98328,97725,80328,1611,245
Dividends Paid
Retained Profit-4,012-5,794-2,03712,11720,5299,248-5,268-47,175-17,3436,98328,97725,80328,1611,245
Employee Costs129,573212,613118,00080,503109,30026,99926,00024,78723,98023,93723,38124,821
Number Of Employees474341111111
EBITDA*-4,387-6,572-2,20214,99625,40611,258-119-5,199-47,323-17,3599,04038,23335,11539,5591,803

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets73971291722293054074075435437249651,2881,718288
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets73971291722293054074075435437249651,2881,718288
Stock & work in progress47,17547,17547,17547,17547,17547,175
Trade Debtors56,03393,88363,15432,40037,2609,3784,4744,1395,8233,090
Group Debtors
Misc Debtors2,5201,7771,9493,9492,284
Cash2,85712,33025,79929,57610,54218,76423,79223,79229,51229,51249,09158,96128,22145,3484,972
misc current assets
total current assets58,890108,73390,73063,92551,75130,42623,79223,79229,51276,68796,266110,61079,53598,34655,237
total assets58,963108,83090,85964,09751,98030,73124,19924,19930,05577,23096,990111,57580,823100,06455,525
Bank overdraft
Bank loan
Trade Creditors 1,7642,9124,71312,68916,5149,1301,460
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities7,0614,8773,4117207202,912
total current liabilities7,0614,8775,1757207202,9122,9124,71312,68916,5149,1301,460
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities36848,40724,3442,7162,7163923921,00814,6009,00061,42852,720
provisions
total long term liabilities36848,40724,3442,7162,7163923921,00814,6009,00061,42852,720
total liabilities7,42953,28429,5197207202,7162,7163,3043,3045,72127,28925,51470,55854,180
net assets51,53455,54661,34063,37751,26030,73121,48321,48326,75173,92691,26984,28655,30929,5061,345
total shareholders funds51,53455,54661,34063,37751,26030,73121,48321,48326,75173,92691,26984,28655,30929,5061,345
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-4,411-6,604-2,24514,93925,33011,258-119-5,335-47,323-17,5408,79937,91034,68538,9871,717
Depreciation243243577613618124132343057286
Amortisation
Tax-2,842-4,815-2,169-2,086-9,151-9,066-10,951-484
Stock-47,17547,175
Debtors-40,37031,47230,582-6,86029,54711,662-4,474335-1,6842,7333,090
Creditors-1,7641,764-2,912-1,801-7,976-3,8257,3847,6701,460
Accruals and Deferred Income2,1841,4662,691720-2,9122,912
Deferred Taxes & Provisions
Cash flow from operations38,167-38,342-28,32919,014-8,236-2,573-119-8,111-148-19,1603,45224,92235,11733,545-47,486
Investing Activities
capital expenditure102-2,002-374
Change in Investments
cash flow from investments102-2,002-374
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-48,03924,06324,344-2,7162,324-616-13,5925,600-52,4288,70852,720
share issue100
interest39981020820151601196714819727021818412612
cash flow from financing-47,64024,87324,5522015-2,5561192,391148-419-13,3225,818-52,2448,83452,832
cash and cash equivalents
cash-9,473-13,469-3,77719,034-8,222-5,028-5,720-19,579-9,87030,740-17,12740,3764,972
overdraft
change in cash-9,473-13,469-3,77719,034-8,222-5,028-5,720-19,579-9,87030,740-17,12740,3764,972

southside 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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Southside Limited Competitor Analysis

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Perform a competitor analysis for southside limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N12 area or any other competitors across 12 key performance metrics.

southside limited Ownership

SOUTHSIDE LIMITED group structure

Southside Limited has no subsidiary companies.

Ultimate parent company

SOUTHSIDE LIMITED

02893654

SOUTHSIDE LIMITED Shareholders

elena getmanskaya 99%
waqar latif 1%

southside limited directors

Southside Limited currently has 1 director, Ms Elena Getmanskaya serving since Feb 1994.

officercountryagestartendrole
Ms Elena Getmanskaya62 years Feb 1994- Director

P&L

March 2024

turnover

661.8k

-38%

operating profit

-4.4k

0%

gross margin

75.5%

+0.86%

turnover

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

Balance Sheet

March 2024

net assets

51.5k

-0.07%

total assets

59k

-0.46%

cash

2.9k

-0.77%

net assets

Total assets minus all liabilities

southside limited company details

company number

02893654

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

February 1994

age

31

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

ERIC R JENKINS

auditor

-

address

104 southover, london, N12 7HD

Bank

BARCLAYS BANK PLC

Legal Advisor

-

southside 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 3 charges/mortgages relating to southside limited. Currently there are 3 open charges and 0 have been satisfied in the past.

southside 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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southside limited Companies House Filings - See Documents

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