sunrise remittance (uk) ltd
sunrise remittance (uk) ltd Company Information
Company Number
06209417
Next Accounts
Mar 2025
Directors
Shareholders
arnel bang gagalac
matheresa gagalac
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
12 kenway road, london, SW5 0RR
Website
www.sunriseremit.comsunrise remittance (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNRISE REMITTANCE (UK) LTD at £92.3k based on a Turnover of £105.5k and 0.88x industry multiple (adjusted for size and gross margin).
sunrise remittance (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNRISE REMITTANCE (UK) LTD at £5.8k based on an EBITDA of £1.9k and a 3.02x industry multiple (adjusted for size and gross margin).
sunrise remittance (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNRISE REMITTANCE (UK) LTD at £3.4k based on Net Assets of £2.6k and 1.34x industry multiple (adjusted for liquidity).
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Sunrise Remittance (uk) Ltd Overview
Sunrise Remittance (uk) Ltd is a dissolved company that was located in london, SW5 0RR with a Companies House number of 06209417. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2007, it's largest shareholder was arnel bang gagalac with a 99% stake. The last turnover for Sunrise Remittance (uk) Ltd was estimated at £105.5k.
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Sunrise Remittance (uk) Ltd Health Check
Pomanda's financial health check has awarded Sunrise Remittance (Uk) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £105.5k, make it smaller than the average company (£3.8m)
- Sunrise Remittance (uk) Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (1.5%)
- Sunrise Remittance (uk) Ltd
1.5% - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (59.8%)
- Sunrise Remittance (uk) Ltd
59.8% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (9.4%)
- Sunrise Remittance (uk) Ltd
9.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Sunrise Remittance (uk) Ltd
12 - Industry AVG
Pay Structure
on an average salary of £68.5k, the company has an equivalent pay structure (£68.5k)
- Sunrise Remittance (uk) Ltd
£68.5k - Industry AVG
Efficiency
resulting in sales per employee of £52.7k, this is less efficient (£187.3k)
- Sunrise Remittance (uk) Ltd
£187.3k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (36 days)
- Sunrise Remittance (uk) Ltd
36 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is close to average (45 days)
- Sunrise Remittance (uk) Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sunrise Remittance (uk) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sunrise Remittance (uk) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.6%, this is a higher level of debt than the average (68.3%)
81.6% - Sunrise Remittance (uk) Ltd
68.3% - Industry AVG
SUNRISE REMITTANCE (UK) LTD financials
Sunrise Remittance (Uk) Ltd's latest turnover from March 2021 is estimated at £105.5 thousand and the company has net assets of £2.6 thousand. According to their latest financial statements, Sunrise Remittance (Uk) Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 4 | 4 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 74 | 149 | 224 | 80 | 520 | 1,403 | 2,654 | 3,007 | 3,803 | |||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 74 | 149 | 224 | 80 | 520 | 1,403 | 2,654 | 3,007 | 3,803 | |||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 13,463 | 13,272 | 21,444 | 26,647 | 31,733 | 645 | 16,362 | 21,924 | 713 | 20,269 | 38,356 | 36,264 |
| Group Debtors | ||||||||||||
| Misc Debtors | 444 | 443 | 443 | 14,800 | ||||||||
| Cash | 10,578 | 10,802 | 9,509 | 89,663 | 34,462 | 101,921 | 122,487 | |||||
| misc current assets | 634 | 709 | ||||||||||
| total current assets | 13,907 | 13,715 | 21,887 | 27,281 | 32,442 | 26,023 | 27,164 | 31,433 | 90,376 | 54,731 | 140,277 | 158,751 |
| total assets | 13,907 | 13,715 | 21,887 | 27,355 | 32,591 | 26,247 | 27,244 | 31,953 | 91,779 | 57,385 | 143,284 | 162,554 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 11,349 | 12,700 | 10,767 | 6,626 | 9,206 | 6,204 | 5,883 | 9,377 | 69,799 | 38,432 | 123,364 | |
| Group/Directors Accounts | 975 | |||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 155,763 | |||||||||||
| total current liabilities | 11,349 | 12,700 | 10,767 | 6,626 | 10,181 | 6,204 | 5,883 | 9,377 | 69,799 | 38,432 | 123,364 | 155,763 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | ||||||||||||
| total liabilities | 11,349 | 12,700 | 10,767 | 6,626 | 10,181 | 6,204 | 5,883 | 9,377 | 69,799 | 38,432 | 123,364 | 155,763 |
| net assets | 2,558 | 1,015 | 11,120 | 20,729 | 22,410 | 20,043 | 21,361 | 22,576 | 21,980 | 18,953 | 19,920 | 6,791 |
| total shareholders funds | 2,558 | 1,015 | 11,120 | 20,729 | 22,410 | 20,043 | 21,361 | 22,576 | 21,980 | 18,953 | 19,920 | 6,791 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 155 | 440 | 883 | 1,572 | 1,792 | 2,568 | 1,990 | |||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | 192 | -8,172 | -4,760 | -5,086 | 16,288 | -917 | -5,562 | 21,211 | -19,556 | -18,087 | 2,092 | 36,264 |
| Creditors | -1,351 | 1,933 | 4,141 | -2,580 | 3,002 | 321 | -3,494 | -60,422 | 31,367 | -84,932 | 123,364 | |
| Accruals and Deferred Income | -155,763 | 155,763 | ||||||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -975 | 975 | ||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -10,578 | -224 | 1,293 | -80,154 | 55,201 | -67,459 | -20,566 | 122,487 | ||||
| overdraft | ||||||||||||
| change in cash | -10,578 | -224 | 1,293 | -80,154 | 55,201 | -67,459 | -20,566 | 122,487 |
sunrise remittance (uk) ltd Credit Report and Business Information
Sunrise Remittance (uk) Ltd Competitor Analysis
Perform a competitor analysis for sunrise remittance (uk) ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in SW5 area or any other competitors across 12 key performance metrics.
sunrise remittance (uk) ltd Ownership
SUNRISE REMITTANCE (UK) LTD group structure
Sunrise Remittance (Uk) Ltd has no subsidiary companies.
Ultimate parent company
SUNRISE REMITTANCE (UK) LTD
06209417
sunrise remittance (uk) ltd directors
Sunrise Remittance (Uk) Ltd currently has 1 director, Mr Arnel Gagalac serving since Apr 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arnel Gagalac | United Kingdom | 54 years | Apr 2007 | - | Director |
P&L
March 2021turnover
105.5k
-46%
operating profit
1.9k
0%
gross margin
19%
-6.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
2.6k
+1.52%
total assets
13.9k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
sunrise remittance (uk) ltd company details
company number
06209417
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
-
address
12 kenway road, london, SW5 0RR
Bank
-
Legal Advisor
-
sunrise remittance (uk) ltd 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 2 charges/mortgages relating to sunrise remittance (uk) ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
sunrise remittance (uk) ltd 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 SUNRISE REMITTANCE (UK) LTD. This can take several minutes, an email will notify you when this has completed.
sunrise remittance (uk) ltd Companies House Filings - See Documents
| date | description | view/download |
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