sks business services ltd

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sks business services ltd Company Information

Share SKS BUSINESS SERVICES LTD

Company Number

06418541

Directors

Sanjay Swarup

Shareholders

sks midco limited

Group Structure

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Industry

Accounting, and auditing activities

 

Registered Address

3 sheen road, richmond upon thames, TW9 1AD

sks business services ltd Estimated Valuation

£33.9m

Pomanda estimates the enterprise value of SKS BUSINESS SERVICES LTD at £33.9m based on a Turnover of £26.7m and 1.27x industry multiple (adjusted for size and gross margin).

sks business services ltd Estimated Valuation

£6.6m

Pomanda estimates the enterprise value of SKS BUSINESS SERVICES LTD at £6.6m based on an EBITDA of £809.6k and a 8.18x industry multiple (adjusted for size and gross margin).

sks business services ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SKS BUSINESS SERVICES LTD at £0 based on Net Assets of £-3.3m and 3.02x industry multiple (adjusted for liquidity).

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Sks Business Services Ltd Overview

Sks Business Services Ltd is a live company located in richmond upon thames, TW9 1AD with a Companies House number of 06418541. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in November 2007, it's largest shareholder is sks midco limited with a 100% stake. Sks Business Services Ltd is a established, large sized company, Pomanda has estimated its turnover at £26.7m with high growth in recent years.

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Sks Business Services Ltd Health Check

Pomanda's financial health check has awarded Sks Business Services Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £26.7m, make it larger than the average company (£208.8k)

£26.7m - Sks Business Services Ltd

£208.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (7%)

29% - Sks Business Services Ltd

7% - Industry AVG

production

Production

with a gross margin of 49.5%, this company has a higher cost of product (95%)

49.5% - Sks Business Services Ltd

95% - Industry AVG

profitability

Profitability

an operating margin of 3% make it less profitable than the average company (12%)

3% - Sks Business Services Ltd

12% - Industry AVG

employees

Employees

with 30 employees, this is above the industry average (4)

30 - Sks Business Services Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)

£36.2k - Sks Business Services Ltd

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £888.8k, this is more efficient (£79.2k)

£888.8k - Sks Business Services Ltd

£79.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 243 days, this is later than average (76 days)

243 days - Sks Business Services Ltd

76 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 110 days, this is slower than average (25 days)

110 days - Sks Business Services Ltd

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (58 days)

4 days - Sks Business Services Ltd

58 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (34 weeks)

2 weeks - Sks Business Services Ltd

34 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 114.4%, this is a higher level of debt than the average (51.3%)

114.4% - Sks Business Services Ltd

51.3% - Industry AVG

SKS BUSINESS SERVICES LTD financials

EXPORTms excel logo

Sks Business Services Ltd's latest turnover from November 2023 is estimated at £26.7 million and the company has net assets of -£3.3 million. According to their latest financial statements, Sks Business Services Ltd has 30 employees and maintains cash reserves of £203.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover26,662,76917,867,29517,734,49012,445,7148,686,579331,725302,220321,031274,054510,796197,117534,479262,261107,2520
Other Income Or Grants000000000000000
Cost Of Sales13,463,00910,777,4609,289,1945,538,6553,855,045136,796100,503129,455126,390196,73768,698208,88196,79439,4740
Gross Profit13,199,7597,089,8358,445,2966,907,0594,831,534194,928201,717191,576147,664314,059128,419325,597165,46767,7780
Admin Expenses12,390,1174,835,9606,721,1265,813,6253,948,051103,418-50,571-170,349216,930287,38436,394271,360130,85013,70552,694
Operating Profit809,6422,253,8751,724,1701,093,434883,48391,510252,288361,925-69,26626,67592,02554,23734,61754,073-52,694
Interest Payable4,835,8952,459,5482,410,338125,219104,857194,128000000000
Interest Receivable144,30700001,202533703806723933960428
Pre-Tax Profit-3,881,946-205,673-686,168968,215778,626-101,416252,821361,995-68,88627,34792,41854,27634,67754,115-52,686
Tax0-20,016-59,606-167,186-160,1640-48,036-72,3990-5,743-21,256-13,026-9,016-15,1520
Profit After Tax-3,881,946-225,689-745,774801,029618,462-101,416204,785289,596-68,88621,60471,16241,25025,66138,963-52,686
Dividends Paid0136,0340227,000291,9580000000000
Retained Profit-3,881,946-286,941-857,954472,917243,404-101,416204,785289,596-68,88621,60471,16241,25025,66138,963-52,686
Employee Costs1,085,3758,286,03810,102,4297,023,7794,735,530319,144138,356111,15797,445121,35555,479156,10075,14647,3650
Number Of Employees3076268848931710543426320
EBITDA*809,6422,868,4732,545,7201,453,4331,153,57692,706253,484367,127-64,04541,02998,03156,57835,52355,170-51,437

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets2,433,4041,466,5651,584,0541,257,1911,388,14696,9132,1031,3073,8309,42017,7266,6312,7173,2913,770
Intangible Assets2,058,71917,676,56915,465,44314,941,6949,450,2879,2392,6073,475164219291388000
Investments & Other1,647,9239,5999,5999,5999,5991,057,192854,479270,165265,44033,427000028,601
Debtors (Due After 1 year)000000000000000
Total Fixed Assets4,492,12319,143,13417,049,49716,198,88510,838,4331,163,344859,189274,947269,43443,06618,0177,0192,7173,29132,371
Stock & work in progress170,3334,177,2934,656,5823,971,7722,883,08016,000000000000
Trade Debtors17,822,2633,767,2163,766,6263,068,5972,314,025128,829134,723117,07183,726120,09450,812126,60362,11724,5061,858
Group Debtors000000000000000
Misc Debtors02,313,9781,459,1751,141,255734,9194,689,5832,946,360627,1520000000
Cash203,9135,293,504412,5231,155,260809,266128,131192,52620,69535,310116,797151,9195,31610,22013,7173,141
misc current assets00000566,625113,79112,2209,745203,453274,3210000
total current assets18,196,50915,551,99110,294,9069,336,8846,741,2905,529,1683,387,400777,138128,781440,344477,052131,91972,33738,2234,999
total assets22,688,63234,695,12527,344,40325,535,76917,579,7236,692,5124,246,5891,052,085398,215483,410495,069138,93875,05441,51437,370
Bank overdraft000000000000000
Bank loan314,46300000000000000
Trade Creditors 4,057,419832,8661,039,754830,721385,2359,85157,26039,404204,09286,072185,71784,45962,68554,7601,740
Group/Directors Accounts0108,47598,05347,50029,50000000000058,438
other short term finances02,054,85817,040,051458,472512,2910000000000
hp & lease commitments0303,690271,605000000000000
other current liabilities09,588,2536,762,7174,503,4373,721,431449,8673,569,044398,66300000029,372
total current liabilities4,371,88212,888,14225,212,1805,840,1304,648,457459,7183,626,304438,067204,09286,072185,71784,45962,68554,76089,550
loans43,013,11440,589,0341,824,39827,103,28420,313,4065,751,948000000000
hp & lease commitments0751,081912,199000000000000
Accruals and Deferred Income000000000000000
other liabilities0233,000104,0134,050,8761,309,757042,445243,094112,795247,124181,0000000
provisions144,8521,172,9281,212,6281,093,416847,4149,8135,3913,2603,2603,2603,0021,290430476505
total long term liabilities21,578,98321,113,9811,622,52618,149,22611,890,1675,761,76147,836246,354116,055250,384184,0021,290430476505
total liabilities25,950,86534,002,12326,834,70623,989,35616,538,6246,221,4793,674,140684,421320,147336,456369,71985,74963,11555,23690,055
net assets-3,262,233619,713376,7771,460,735987,818471,033572,449367,66478,068146,954125,35053,18911,939-13,722-52,685
total shareholders funds-3,262,233619,713376,7771,460,735987,818471,033572,449367,66478,068146,954125,35053,18911,939-13,722-52,685
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit809,6422,253,8751,724,1701,093,434883,48391,510252,288361,925-69,26626,67592,02554,23734,61754,073-52,694
Depreciation0440,627492,852359,999214,2903283284,0495,16614,2825,9092,2119061,0971,257
Amortisation0173,971328,698055,8038688681,153557297130000
Tax0-20,016-59,606-167,186-160,1640-48,036-72,3990-5,743-21,256-13,026-9,016-15,1520
Stock-4,006,960-479,289684,8101,088,6922,867,08016,000000000000
Debtors11,741,069855,3931,015,9491,160,908-1,769,4681,737,3292,336,860660,497-36,36869,282-75,79164,48637,61122,6481,858
Creditors3,224,553-206,888209,033445,486375,384-47,40917,856-164,688118,020-99,645101,25821,7747,92553,0201,740
Accruals and Deferred Income-9,588,2532,825,5362,259,280782,0063,271,564-3,119,1773,170,381398,66300000-29,37229,372
Deferred Taxes & Provisions-1,028,076-39,700119,212246,002837,6014,4222,131002581,712860-46-29505
Cash flow from operations-14,316,2435,051,3013,372,880510,1414,380,349-4,822,7871,058,956-131,79490,343-133,383255,5361,700-3,22540,989-21,678
Investing Activities
capital expenditure14,651,011-2,708,235-1,672,162-5,720,451-11,002,374-102,638-1,124-5,990424-5,976-17,004-6,643-332-618-5,027
Change in Investments1,638,324000-1,047,593202,713584,3144,725232,01333,427000-28,60128,601
cash flow from investments13,012,687-2,708,235-1,672,162-5,720,451-9,954,781-305,351-585,438-10,715-231,589-39,403-17,004-6,643-33227,983-33,628
Financing Activities
Bank loans314,46300000000000000
Group/Directors Accounts-108,47510,42250,55318,00029,50000000000-58,43858,438
Other Short Term Loans -2,054,858-14,985,19316,581,579-53,819512,2910000000000
Long term loans2,424,08038,764,636-25,278,8866,789,87814,561,4585,751,948000000000
Hire Purchase and Lease Commitments-1,054,771-129,0331,183,804000000000000
other long term liabilities-233,000128,987-3,946,8632,741,1191,309,757-42,445-200,649130,299-134,32966,124181,0000000
share issue0529,877-226,0040273,381000009990001
interest-4,691,588-2,459,548-2,410,338-125,219-104,857-192,926533703806723933960428
cash flow from financing-5,404,14921,860,148-14,046,1559,369,95916,581,5305,516,577-200,116130,369-133,94966,796182,3923960-58,39658,447
cash and cash equivalents
cash-5,089,5914,880,981-742,737345,994681,135-64,395171,831-14,615-81,487-35,122146,603-4,904-3,49710,5763,141
overdraft000000000000000
change in cash-5,089,5914,880,981-742,737345,994681,135-64,395171,831-14,615-81,487-35,122146,603-4,904-3,49710,5763,141

sks business services ltd 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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Sks Business Services Ltd Competitor Analysis

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Perform a competitor analysis for sks business services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in TW9 area or any other competitors across 12 key performance metrics.

sks business services ltd directors

Sks Business Services Ltd currently has 1 director, Mr Sanjay Swarup serving since Nov 2011.

officercountryagestartendrole
Mr Sanjay SwarupUnited Kingdom58 years Nov 2011- Director

P&L

November 2023

turnover

26.7m

+49%

operating profit

809.6k

0%

gross margin

49.6%

+24.76%

turnover

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

Balance Sheet

November 2023

net assets

-3.3m

-6.26%

total assets

22.7m

-0.35%

cash

203.9k

-0.96%

net assets

Total assets minus all liabilities

sks business services ltd company details

company number

06418541

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

November 2007

age

18

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

November 2023

previous names

N/A

accountant

SKS BUSINESS SERVICES LIMITED

auditor

-

address

3 sheen road, richmond upon thames, TW9 1AD

Bank

-

Legal Advisor

-

sks business services 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 7 charges/mortgages relating to sks business services ltd. Currently there are 4 open charges and 3 have been satisfied in the past.

sks business services 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 SKS BUSINESS SERVICES LTD. This can take several minutes, an email will notify you when this has completed.

sks business services ltd Companies House Filings - See Documents

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