Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Registered Address
8 wing yip business centre, 395 edgware road, london, NW2 6LN
Pomanda estimates the enterprise value of SINITIC LIMITED at £280.9k based on a Turnover of £783k and 0.36x industry multiple (adjusted for size and gross margin).
sinitic limitedEstimated Valuation
£67.6k
Pomanda estimates the enterprise value of SINITIC LIMITED at £67.6k based on an EBITDA of £23.9k and a 2.83x industry multiple (adjusted for size and gross margin).
sinitic limitedEstimated Valuation
£2m
Pomanda estimates the enterprise value of SINITIC LIMITED at £2m based on Net Assets of £973.8k and 2.04x industry multiple (adjusted for liquidity).
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Sinitic LimitedOverview
Sinitic Limited is a live company located in london, NW2 6LN with a Companies House number of 06010997. It operates in the other engineering activities sector, SIC Code 71129. Founded in November 2006, it's largest shareholder is
paul michael robins
with a 50% stake. Sinitic Limited is a established,
small sized company, Pomanda has estimated its turnover at
£783k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Sinitic Limited a 2.5 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
Health Rating2.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £783k, make it smaller than the average company (£3.3m)
£783k - Sinitic Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.2%)
5% - Sinitic Limited
7.2% - Industry AVG
Production
with a gross margin of 19.2%, this company has a higher cost of product (34.6%)
19.2% - Sinitic Limited
34.6% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (6.6%)
3.1% - Sinitic Limited
6.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Sinitic Limited
25 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - Sinitic Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £391.5k, this is more efficient (£125.1k)
£391.5k - Sinitic Limited
£125.1k - Industry AVG
Debtor Days
it gets paid by customers after 215 days, this is later than average (67 days)
215 days - Sinitic Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (28 days)
8 days - Sinitic Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sinitic Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sinitic Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (57.7%)
2% - Sinitic Limited
57.7% - Industry AVG
SINITIC LIMITED financials
EXPORT
Sinitic Limited's latest turnover from November 2023 is estimated at £783 thousand and the company has net assets of £973.8 thousand. According to their latest financial statements, Sinitic Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
782,950
742,101
723,682
682,903
639,994
878,688
926,549
160,945
234,281
126,882
225,582
100,557
145,061
131,017
Other Income Or Grants
Cost Of Sales
632,510
603,482
607,249
575,527
522,639
724,643
757,502
129,780
188,265
100,829
178,802
79,128
111,757
98,847
Gross Profit
150,440
138,619
116,434
107,376
117,354
154,045
169,047
31,165
46,016
26,053
46,780
21,429
33,304
32,170
Admin Expenses
126,555
92,744
32,349
21,901
-9,331
10,764
23,178
-76,371
-47,905
-56,349
18,832
25,881
-20,631
-62,303
-120,971
Operating Profit
23,885
45,875
84,085
85,475
126,685
143,281
145,869
107,536
93,921
82,402
27,948
-4,452
53,935
94,473
120,971
Interest Payable
Interest Receivable
910
793
1,135
783
858
1,100
1,018
800
348
Pre-Tax Profit
23,885
45,875
84,085
85,475
126,685
143,281
146,779
108,329
95,056
83,185
28,806
-3,352
54,953
95,272
121,319
Tax
-5,971
-8,716
-15,976
-16,240
-24,070
-27,223
-27,888
-21,666
-19,011
-17,469
-6,625
-14,288
-26,676
-33,969
Profit After Tax
17,914
37,159
68,109
69,235
102,615
116,058
118,891
86,663
76,045
65,716
22,181
-3,352
40,665
68,596
87,350
Dividends Paid
Retained Profit
17,914
37,159
68,109
69,235
102,615
116,058
118,891
86,663
76,045
65,716
22,181
-3,352
40,665
68,596
87,350
Employee Costs
108,037
51,227
48,031
45,442
94,886
96,182
90,550
93,167
46,129
46,093
44,977
42,194
43,016
38,895
Number Of Employees
2
1
1
1
2
2
2
2
1
1
1
1
1
1
EBITDA*
23,885
45,875
84,085
85,475
126,685
143,281
145,869
109,915
96,501
84,832
30,073
-3,077
54,995
95,063
121,661
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
530,556
531,788
533,263
534,516
535,190
272,471
141,673
141,349
143,728
146,308
146,935
5,410
5,423
6,017
241
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
530,556
531,788
533,263
534,516
535,190
272,471
141,673
141,349
143,728
146,308
146,935
5,410
5,423
6,017
241
Stock & work in progress
135
Trade Debtors
461,448
456,731
432,654
370,126
326,079
489,243
497,268
13,968
18,476
30,385
30,085
416
Group Debtors
Misc Debtors
1,578
1,200
254
472
120
Cash
363,845
270,545
183,564
129,759
213,530
226,400
180,700
139,185
misc current assets
90
45
total current assets
463,026
457,931
432,908
370,598
326,199
489,333
497,313
363,980
270,545
197,532
129,759
232,006
256,785
210,785
139,601
total assets
993,582
989,719
966,171
905,114
861,389
761,804
638,986
505,329
414,273
343,840
276,694
237,416
262,208
216,802
139,842
Bank overdraft
Bank loan
Trade Creditors
14,372
29,193
42,696
49,718
71,095
79,270
73,190
61,365
56,972
62,584
61,154
44,057
65,497
60,756
52,392
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
14,372
29,193
42,696
49,718
71,095
79,270
73,190
61,365
56,972
62,584
61,154
44,057
65,497
60,756
52,392
loans
hp & lease commitments
Accruals and Deferred Income
5,365
4,595
4,703
4,733
8,866
3,721
3,041
other liabilities
provisions
total long term liabilities
5,365
4,595
4,703
4,733
8,866
3,721
3,041
total liabilities
19,737
33,788
47,399
54,451
79,961
82,991
76,231
61,365
56,972
62,584
61,154
44,057
65,497
60,756
52,392
net assets
973,845
955,931
918,772
850,663
781,428
678,813
562,755
443,964
357,301
281,256
215,540
193,359
196,711
156,046
87,450
total shareholders funds
973,845
955,931
918,772
850,663
781,428
678,813
562,755
443,964
357,301
281,256
215,540
193,359
196,711
156,046
87,450
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
23,885
45,875
84,085
85,475
126,685
143,281
145,869
107,536
93,921
82,402
27,948
-4,452
53,935
94,473
120,971
Depreciation
2,379
2,580
2,430
2,125
1,375
1,060
590
690
Amortisation
Tax
-5,971
-8,716
-15,976
-16,240
-24,070
-27,223
-27,888
-21,666
-19,011
-17,469
-6,625
-14,288
-26,676
-33,969
Stock
-135
135
Debtors
5,095
25,023
62,310
44,399
-163,044
-8,025
497,268
-13,968
13,968
-18,476
-11,909
300
29,669
416
Creditors
-14,821
-13,503
-7,022
-21,377
-8,175
6,080
11,825
4,393
-5,612
1,430
17,097
-21,440
4,741
8,364
52,392
Accruals and Deferred Income
770
-108
-30
-4,133
5,145
680
3,041
Deferred Taxes & Provisions
Cash flow from operations
-1,232
-1,475
-1,253
-674
262,629
130,843
-364,286
92,507
85,846
54,825
59,021
-12,608
45,148
47,082
139,668
Investing Activities
capital expenditure
1,232
1,475
1,253
674
-262,719
-130,798
-324
-1,803
-143,650
-1,362
-466
-6,366
-931
Change in Investments
cash flow from investments
1,232
1,475
1,253
674
-262,719
-130,798
-324
-1,803
-143,650
-1,362
-466
-6,366
-931
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
910
793
1,135
783
858
1,100
1,018
800
348
cash flow from financing
810
793
1,135
783
858
1,100
1,018
800
448
cash and cash equivalents
cash
-363,845
93,300
86,981
53,805
-83,771
-12,870
45,700
41,515
139,185
overdraft
change in cash
-363,845
93,300
86,981
53,805
-83,771
-12,870
45,700
41,515
139,185
sinitic limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for sinitic limited. Get real-time insights into sinitic limited's credit score, group structure and payment trends.
Perform a competitor analysis for sinitic limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NW2 area or any other competitors across 12 key performance metrics.
sinitic limited Ownership
SINITIC LIMITED group structure
Sinitic Limited has no subsidiary companies.
Ultimate parent company
SINITIC LIMITED
06010997
SINITIC LIMITED Shareholders
The largest shareholders in Sinitic Limited include Paul Michael Robins and Fu Ho Lee.
paul michael robins
50%
fu ho lee
50%
sinitic limited directors
Sinitic Limited currently has 2 directors.
The longest serving directors include
Mr Fu Lee (Nov 2006) and
Mr Paul Robins (May 2007).
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
November 2006
age
19
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
8 wing yip business centre, 395 edgware road, london, NW2 6LN
Bank
-
Legal Advisor
-
sinitic 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 did not find charges/mortgages relating to sinitic limited.
sinitic 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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sinitic limitedCompanies House Filings - See Documents
