shiny sky limited
shiny sky limited Company Information
Company Number
05244139
Next Accounts
226 days late
Directors
Shareholders
belinda richmond
david richmond
View AllGroup Structure
View All
Industry
Taxi operation
Registered Address
c/o gaines robson insolvency ltd, selby road, leeds, LS15 4LG
shiny sky limited Estimated Valuation
Pomanda estimates the enterprise value of SHINY SKY LIMITED at £1.3m based on a Turnover of £957.3k and 1.33x industry multiple (adjusted for size and gross margin).
shiny sky limited Estimated Valuation
Pomanda estimates the enterprise value of SHINY SKY LIMITED at £3.5m based on an EBITDA of £1m and a 3.45x industry multiple (adjusted for size and gross margin).
shiny sky limited Estimated Valuation
Pomanda estimates the enterprise value of SHINY SKY LIMITED at £0 based on Net Assets of £-304k and 2.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Shiny Sky Limited Overview
Shiny Sky Limited is a live company located in leeds, LS15 4LG with a Companies House number of 05244139. It operates in the taxi operation sector, SIC Code 49320. Founded in September 2004, it's largest shareholder is belinda richmond with a 39.5% stake. Shiny Sky Limited is a mature, small sized company, Pomanda has estimated its turnover at £957.3k with declining growth in recent years.
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Shiny Sky Limited Health Check
Pomanda's financial health check has awarded Shiny Sky Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £957.3k, make it larger than the average company (£517.4k)
- Shiny Sky Limited
£517.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (-1%)
- Shiny Sky Limited
-1% - Industry AVG
Production
with a gross margin of 45.7%, this company has a comparable cost of product (45.7%)
- Shiny Sky Limited
45.7% - Industry AVG
Profitability
an operating margin of 83.5% make it more profitable than the average company (6.2%)
- Shiny Sky Limited
6.2% - Industry AVG
Employees
with 16 employees, this is above the industry average (7)
16 - Shiny Sky Limited
7 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£26.1k)
- Shiny Sky Limited
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £59.8k, this is less efficient (£79.9k)
- Shiny Sky Limited
£79.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Shiny Sky Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (19 days)
- Shiny Sky Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Shiny Sky Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (27 weeks)
11 weeks - Shiny Sky Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 181.5%, this is a higher level of debt than the average (64.3%)
181.5% - Shiny Sky Limited
64.3% - Industry AVG
SHINY SKY LIMITED financials
Shiny Sky Limited's latest turnover from October 2022 is estimated at £957.3 thousand and the company has net assets of -£304 thousand. According to their latest financial statements, Shiny Sky Limited has 16 employees and maintains cash reserves of £116.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Apr 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,423,694 | 12,064,524 | 12,744,054 | 11,247,185 | 9,201,096 | 7,357,405 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 1,859,254 | 2,666,638 | 2,880,191 | 2,419,559 | 1,587,636 | 1,200,291 | ||||||||
| Gross Profit | 4,564,440 | 9,397,886 | 9,863,863 | 8,827,626 | 7,613,460 | 6,157,114 | ||||||||
| Admin Expenses | 5,130,982 | 8,948,932 | 8,666,965 | 7,603,218 | 6,484,309 | 5,049,305 | ||||||||
| Operating Profit | -566,542 | 448,954 | 1,196,898 | 1,224,408 | 1,129,151 | 1,107,809 | ||||||||
| Interest Payable | 157,864 | 203,879 | 152,367 | 205,897 | 120,344 | 95,128 | ||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -724,406 | 383,378 | 1,044,531 | 1,018,511 | 1,008,807 | 1,012,681 | ||||||||
| Tax | 103,497 | -19,680 | -189,386 | -222,825 | -211,848 | -210,861 | ||||||||
| Profit After Tax | -620,909 | 363,698 | 855,145 | 795,686 | 796,959 | 801,820 | ||||||||
| Dividends Paid | 620,909 | 700,000 | 699,915 | 684,450 | 664,500 | 508,327 | ||||||||
| Retained Profit | -1,241,818 | -336,302 | 155,230 | 111,236 | 132,459 | 293,493 | ||||||||
| Employee Costs | 1,856,592 | 2,499,297 | 2,576,337 | 2,108,106 | 1,644,167 | 1,368,778 | ||||||||
| Number Of Employees | 16 | 42 | 67 | 91 | 104 | 90 | 76 | 67 | ||||||
| EBITDA* | 236,857 | 1,898,143 | 2,328,194 | 1,382,662 | 1,953,049 | 1,792,562 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Apr 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 100,995 | 2,026,535 | 3,110,913 | 4,166,098 | 3,429,296 | 3,045,313 | 2,748,424 | 2,634,522 | 2,235,241 | 1,837,496 | 1,146,050 | 1,076,697 | 541,352 | 666,045 |
| Intangible Assets | 168,397 | 315,625 | 462,853 | 610,081 | 348,980 | 633,713 | 47,917 | 52,961 | 58,005 | 63,049 | 329,503 | 351,029 | 362,771 | |
| Investments & Other | 100 | 100 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 101,095 | 2,195,032 | 3,426,538 | 4,628,951 | 4,039,377 | 3,394,293 | 3,382,137 | 2,682,439 | 2,288,202 | 1,895,501 | 1,209,099 | 1,406,200 | 892,381 | 1,028,816 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 743,115 | 817,122 | 688,208 | 1,151,059 | 1,069,738 | 598,117 | 784,497 | 712,269 | 421,475 | 853,307 | 317,136 | 185,870 | 202,509 | |
| Group Debtors | 154,774 | 140,857 | 76,320 | |||||||||||
| Misc Debtors | 1,153,035 | 989,842 | 1,068,684 | 1,043,121 | 869,576 | 1,052,910 | 242,901 | 257,055 | 288,645 | |||||
| Cash | 116,931 | 134,485 | 170,805 | 1,282,842 | 1,055,793 | 874,471 | 907,241 | 554,735 | 120,916 | 53,553 | 71,896 | 198,452 | 14,082 | 37,410 |
| misc current assets | ||||||||||||||
| total current assets | 271,705 | 2,171,492 | 2,054,089 | 3,039,734 | 3,249,973 | 2,813,785 | 2,558,268 | 1,582,133 | 1,090,240 | 763,673 | 925,203 | 515,588 | 199,952 | 239,919 |
| total assets | 372,800 | 4,366,524 | 5,480,627 | 7,668,685 | 7,289,350 | 6,208,078 | 5,940,405 | 4,264,572 | 3,378,442 | 2,659,174 | 2,134,302 | 1,921,788 | 1,092,333 | 1,268,735 |
| Bank overdraft | ||||||||||||||
| Bank loan | 66,541 | |||||||||||||
| Trade Creditors | 63,607 | 1,493,340 | 977,119 | 1,041,609 | 1,228,551 | 1,066,717 | 921,835 | 392,997 | 1,870,951 | 1,191,051 | 1,094,670 | 871,666 | 570,968 | 665,351 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | 164,504 | 363,080 | 540,135 | 200,000 | ||||||||||
| hp & lease commitments | 1,201,224 | 1,567,956 | 1,503,089 | 689,327 | 1,242,404 | 801,771 | ||||||||
| other current liabilities | 296,135 | 976,531 | 845,980 | 1,393,555 | 1,096,932 | 1,166,010 | 1,004,419 | 795,887 | ||||||
| total current liabilities | 524,246 | 2,832,951 | 3,564,458 | 4,203,120 | 3,828,572 | 2,922,054 | 3,168,658 | 2,057,196 | 1,870,951 | 1,191,051 | 1,094,670 | 871,666 | 570,968 | 665,351 |
| loans | 108,750 | 1,110,388 | 920,000 | 1,070,000 | 1,420,000 | 1,250,000 | 1,250,000 | 271,968 | ||||||
| hp & lease commitments | 1,041,840 | 1,460,497 | 709,408 | 736,884 | 296,670 | 822,706 | ||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 43,756 | 1,318,738 | 723,374 | 853,440 | 477,883 | 648,111 | 255,667 | 347,324 | ||||||
| provisions | 29,000 | 29,000 | 62,000 | 99,173 | 119,257 | 84,165 | 57,919 | 29,827 | 84,412 | 18,273 | 36,023 | |||
| total long term liabilities | 152,506 | 2,429,126 | 1,961,840 | 2,559,497 | 2,158,408 | 2,048,884 | 1,645,843 | 1,213,931 | 807,539 | 911,359 | 507,710 | 732,523 | 273,940 | 383,347 |
| total liabilities | 676,752 | 5,262,077 | 5,526,298 | 6,762,617 | 5,986,980 | 4,970,938 | 4,814,501 | 3,271,127 | 2,678,490 | 2,102,410 | 1,602,380 | 1,604,189 | 844,908 | 1,048,698 |
| net assets | -303,952 | -895,553 | -45,671 | 906,068 | 1,302,370 | 1,237,140 | 1,125,904 | 993,445 | 699,952 | 556,764 | 531,922 | 317,599 | 247,425 | 220,037 |
| total shareholders funds | -303,952 | -895,553 | -45,671 | 906,068 | 1,302,370 | 1,237,140 | 1,125,904 | 993,445 | 699,952 | 556,764 | 531,922 | 317,599 | 247,425 | 220,037 |
| Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Apr 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -566,542 | 448,954 | 1,196,898 | 1,224,408 | 1,129,151 | 1,107,809 | ||||||||
| Depreciation | 122,987 | 504,955 | 656,171 | 1,301,961 | 1,042,397 | 81,021 | 818,854 | 679,709 | 543,319 | 426,985 | 543,945 | 186,043 | 111,661 | 196,471 |
| Amortisation | 87,078 | 147,228 | 147,228 | 147,228 | 88,899 | 77,233 | 5,044 | 5,044 | 5,044 | 5,044 | 266,454 | 21,526 | 11,742 | 223,483 |
| Tax | 103,497 | -19,680 | -189,386 | -222,825 | -211,848 | -210,861 | ||||||||
| Stock | ||||||||||||||
| Debtors | -1,882,233 | 153,723 | 126,392 | -437,288 | 254,866 | 288,287 | 623,629 | 58,074 | 259,204 | -143,187 | 536,171 | 131,266 | -16,639 | 202,509 |
| Creditors | -1,429,733 | 516,221 | -64,490 | -186,942 | 161,834 | 144,882 | 528,838 | -1,477,954 | 679,900 | 96,381 | 223,004 | 300,698 | -94,383 | 665,351 |
| Accruals and Deferred Income | -680,396 | 130,551 | -547,575 | 296,623 | -69,078 | 161,591 | 208,532 | 795,887 | ||||||
| Deferred Taxes & Provisions | -29,000 | -33,000 | -37,173 | -20,084 | 35,092 | 26,246 | 28,092 | -54,585 | 66,139 | -17,750 | 36,023 | |||
| Cash flow from operations | -427,103 | 2,425,432 | 1,943,698 | 1,140,850 | 1,834,858 | 876,652 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -1,778,152 | -1,341,974 | -1,124,583 | -1,077,449 | ||||||||||
| Change in Investments | 100 | |||||||||||||
| cash flow from investments | -1,778,152 | -1,341,974 | -1,124,583 | -1,077,449 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -66,541 | 66,541 | ||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | -198,576 | -177,055 | 340,135 | 200,000 | ||||||||||
| Long term loans | -1,001,638 | 190,388 | -150,000 | -350,000 | 170,000 | 978,032 | 271,968 | |||||||
| Hire Purchase and Lease Commitments | -2,243,064 | -785,389 | 815,956 | 786,286 | -112,863 | -85,403 | 1,624,477 | |||||||
| other long term liabilities | -1,274,982 | 1,318,738 | -723,374 | -130,066 | 375,557 | -170,228 | 392,444 | -91,657 | 347,324 | |||||
| share issue | ||||||||||||||
| interest | -157,864 | -203,879 | -152,367 | -205,897 | -120,344 | -95,128 | ||||||||
| cash flow from financing | -463,039 | 402,077 | 713,919 | -318,760 | 705,744 | 1,144,484 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -17,554 | -36,320 | -1,112,037 | 227,049 | 181,322 | -32,770 | 352,506 | 433,819 | 67,363 | -18,343 | -126,556 | 184,370 | -23,328 | 37,410 |
| overdraft | ||||||||||||||
| change in cash | -17,554 | -36,320 | -1,112,037 | 227,049 | 181,322 | -32,770 | 352,506 | 433,819 | 67,363 | -18,343 | -126,556 | 184,370 | -23,328 | 37,410 |
shiny sky limited Credit Report and Business Information
Shiny Sky Limited Competitor Analysis
Perform a competitor analysis for shiny sky limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in LS15 area or any other competitors across 12 key performance metrics.
shiny sky limited Ownership
SHINY SKY LIMITED group structure
Shiny Sky Limited has no subsidiary companies.
Ultimate parent company
SHINY SKY LIMITED
05244139
shiny sky limited directors
Shiny Sky Limited currently has 1 director, Mr David Richmond serving since Nov 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Richmond | 60 years | Nov 2004 | - | Director |
P&L
October 2022turnover
957.3k
-87%
operating profit
799.6k
0%
gross margin
45.7%
+4.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
-304k
-0.66%
total assets
372.8k
-0.91%
cash
116.9k
-0.13%
net assets
Total assets minus all liabilities
shiny sky limited company details
company number
05244139
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
September 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2022
previous names
N/A
accountant
-
auditor
-
address
c/o gaines robson insolvency ltd, selby road, leeds, LS15 4LG
Bank
-
Legal Advisor
-
shiny sky 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 5 charges/mortgages relating to shiny sky limited. Currently there are 0 open charges and 5 have been satisfied in the past.
shiny sky 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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shiny sky limited Companies House Filings - See Documents
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