Sits (blackheath) Ltd

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sits (blackheath) ltd Company Information

Live

MatureSmallHigh

Company Number

03255186

Website

Registered Address

devonshire house, 582 honeypot lane, stanmore, HA7 1JS

Industry

Development of building projects

Telephone

Next Accounts Due

June 2024

Group Structure

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Directors

Joseph Sternlight27 Years

Shareholders

joseph isaac sternlight 39.9%

bitochon ltd 30%

View All

sits (blackheath) ltd Estimated Valuation

£964.1k

Pomanda estimates the enterprise value of SITS (BLACKHEATH) LTD at £964.1k based on a Turnover of £3m and 0.32x industry multiple (adjusted for size and gross margin).

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Sits (blackheath) Ltd AI Business Plan

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Sits (blackheath) Ltd is a live company located in stanmore, HA7 1JS with a Companies House number of 03255186. It operates in the development of building projects sector, SIC Code 41100. Founded in September 1996, it's largest shareholder is joseph isaac sternlight with a 39.9% stake. Sits (blackheath) Ltd is a mature, small sized company, Pomanda has estimated its turnover at £3m with high growth in recent years.

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Pomanda's financial health check has awarded Sits (Blackheath) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

4 Strong

1 Regular

5 Weak

Size

annual sales of £3m, make it larger than the average company (£2m)

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (1.3%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for sits (blackheath) ltd. Get real-time insights into sits (blackheath) ltd's credit score, group structure and payment trends.

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Perform a competitor analysis for sits (blackheath) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

SITS (BLACKHEATH) LTD group structure

Sits (Blackheath) Ltd has no subsidiary companies.

Ultimate parent company

SITS (BLACKHEATH) LTD

03255186

SITS (BLACKHEATH) LTD Shareholders

joseph isaac sternlight	39.9%
bitochon ltd	30%
ephraim frankel	30%
andrew asher rotenberg	0.1%

Sits (Blackheath) Ltd currently has 1 director, Mr Joseph Sternlight serving since Oct 1996.

officer	country	age	start	end	role
Mr Joseph Sternlight	England	68 years	Oct 1996	-	Director

EXPORT

Sits (Blackheath) Ltd's latest turnover from September 2022 is estimated at £3 million and the company has net assets of -£502.4 thousand. According to their latest financial statements, Sits (Blackheath) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	2,969,751	2,206,675	2,195,844	1,949,249	1,393,197	1,178,566	1,339,946	996,033	25,058	11,569	0	170,255	156,367	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,686,415	2,022,460	1,987,097	1,756,590	1,247,453	1,044,954	1,183,011	886,614	22,302	10,338	0	153,545	140,780	0
Gross Profit	283,335	184,215	208,747	192,659	145,745	133,612	156,935	109,419	2,756	1,231	0	16,711	15,588	0
Admin Expenses	339,837	246,010	268,411	251,225	198,998	192,460	196,134	117,714	-7,987	41,888	-64,854	16,711	15,798	49,079
Operating Profit	-56,502	-61,795	-59,664	-58,566	-53,253	-58,848	-39,199	-8,295	10,743	-40,657	64,854	0	-210	-49,079
Interest Payable	0	0	0	0	0	0	0	19,623	38,179	18,556	0	0	0	0
Interest Receivable	0	0	0	0	0	2	2	0	0	0	0	0	0	0
Pre-Tax Profit	-56,502	-61,795	-59,664	-58,566	-53,253	-58,846	-39,197	-27,918	-27,436	-59,213	64,854	0	-210	-49,079
Tax	0	0	0	0	0	0	0	0	0	0	-15,565	0	0	0
Profit After Tax	-56,502	-61,795	-59,664	-58,566	-53,253	-58,846	-39,197	-27,918	-27,436	-59,213	49,289	0	-210	-49,079
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-56,502	-61,795	-59,664	-58,566	-53,253	-58,846	-39,197	-27,918	-27,436	-59,213	49,289	0	-210	-49,079
Employee Costs	45,817	44,619	43,594	43,638	43,029	41,694	40,486	78,835	37,317	35,972	0	35,015	33,697	0
Number Of Employees	1	1	1	1	1	1	1	2	1	1	0	1	1	0
EBITDA*	-56,502	-61,795	-59,664	-58,566	-53,253	-58,848	-39,199	-8,295	10,743	-40,657	64,854	0	-210	-49,079

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	690,678	680,598	671,866	654,412	619,534	614,784	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	582,550	555,992	531,322	517,582	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	690,678	680,598	671,866	654,412	619,534	614,784	582,550	555,992	531,322	517,582	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	365,579	159,379	158,053	161,892	151,114	156,337	0	522	811	811	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	1,592	24	0	0	12	12	72
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	365,579	159,379	158,053	161,892	151,114	156,337	1,592	546	811	811	12	12	72
total assets	1,056,257	839,977	829,919	816,304	770,648	771,121	584,142	556,538	532,133	518,393	12	12	72
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,558,647	1,285,865	1,214,012	1,140,733	786,511	659,731	676,211	617,708	13,994	5,650	49,298	49,298	49,148
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	1,558,647	1,285,865	1,214,012	1,140,733	786,511	659,731	676,211	617,708	13,994	5,650	49,298	49,298	49,148
loans	0	0	0	0	0	0	0	0	603,788	570,956	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	324,000	60,695	52,397	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	250,000	324,000	60,695	52,397	603,788	570,956	0	0	0
total liabilities	1,558,647	1,285,865	1,214,012	1,140,733	1,036,511	983,731	736,906	670,105	617,782	576,606	49,298	49,298	49,148
net assets	-502,390	-445,888	-384,093	-324,429	-265,863	-212,610	-152,764	-113,567	-85,649	-58,213	-49,286	-49,286	-49,076
total shareholders funds	-502,390	-445,888	-384,093	-324,429	-265,863	-212,610	-152,764	-113,567	-85,649	-58,213	-49,286	-49,286	-49,076

	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	-56,502	-61,795	-59,664	-58,566	-53,253	-58,848	-39,199	-8,295	10,743	-40,657	64,854	0	-210	-49,079
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	0	0	0	0	0	0	0	-15,565	0	0	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	206,200	1,326	-3,839	10,778	-5,223	156,337	-522	-289	0	811	0	0	0	0
Creditors	272,782	71,853	73,279	354,222	126,780	-16,480	58,503	603,714	8,344	5,650	-49,298	0	150	49,148
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	10,080	8,732	17,454	284,878	78,750	-231,665	19,826	595,708	19,087	-35,818	-9	0	-60	69
Investing Activities
capital expenditure	-10,080	-8,732	-17,454	-34,878	-4,750	-614,784	0	0	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	-582,550	26,558	24,670	13,740	517,582	0	0	0	0
cash flow from investments	-10,080	-8,732	-17,454	-34,878	-4,750	-32,234	-26,558	-24,670	-13,740	-517,582	0	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	-603,788	32,832	570,956	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	-324,000	263,305	8,298	52,397	0	0	0	0	0	0
share issue	0	0	0	0	0	-1,000	0	0	0	1,000	-3	0	0	3
interest	0	0	0	0	0	2	2	-19,623	-38,179	-18,556	0	0	0	0
cash flow from financing	0	0	0	0	-324,000	262,307	8,300	-571,014	-5,347	553,400	-3	0	0	3
cash and cash equivalents
cash	0	0	0	0	0	-1,592	1,568	24	0	0	-12	0	-60	72
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	-1,592	1,568	24	0	0	-12	0	-60	72

P&L

September 2022

turnover

+35%

operating profit

-56.5k

gross margin

9.6%

+14.29%

turnover

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

Balance Sheet

September 2022

net assets

-502.4k

+0.13%

total assets

1.1m

+0.26%

cash

net assets

Total assets minus all liabilities

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company number

03255186

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

September 1996

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

beehive mill (ancoats) ltd (July 2013)

branksome court ltd (April 2001)

incorporated

address

devonshire house, 582 honeypot lane, stanmore, HA7 1JS

last accounts submitted

September 2022

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 8 charges/mortgages relating to sits (blackheath) ltd. Currently there are 4 open charges and 4 have been satisfied in the past.

sits (blackheath) ltd Company Information

sits (blackheath) ltd Estimated Valuation

sits (blackheath) ltd Estimated Valuation

sits (blackheath) ltd Estimated Valuation

Sits (blackheath) Ltd AI Business Plan

Sits (blackheath) Ltd Overview

Sits (blackheath) Ltd Health Check

sits (blackheath) ltd Credit Report and Business Information

Sits (blackheath) Ltd Competitor Analysis

sits (blackheath) ltd Ownership

sits (blackheath) ltd directors

SITS (BLACKHEATH) LTD financials

sits (blackheath) ltd company details

sits (blackheath) ltd Charges & Mortgages

sits (blackheath) ltd Companies House Filings - See Documents