sigma red limited

Live EstablishedMidHigh

sigma red limited Company Information

Share SIGMA RED LIMITED

Company Number

07360242

Shareholders

sigma connected group ltd

Group Structure

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Industry

Activities of collection agencies

 

Registered Address

mclaren building, 46 priory queensway, birmingham, B4 7LR

sigma red limited Estimated Valuation

£13.2m

Pomanda estimates the enterprise value of SIGMA RED LIMITED at £13.2m based on a Turnover of £13.8m and 0.95x industry multiple (adjusted for size and gross margin).

sigma red limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SIGMA RED LIMITED at £0 based on an EBITDA of £0 and a 4.55x industry multiple (adjusted for size and gross margin).

sigma red limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SIGMA RED LIMITED at £0 based on Net Assets of £-8.9m and 2.81x industry multiple (adjusted for liquidity).

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Sigma Red Limited Overview

Sigma Red Limited is a live company located in birmingham, B4 7LR with a Companies House number of 07360242. It operates in the activities of collection agencies sector, SIC Code 82911. Founded in August 2010, it's largest shareholder is sigma connected group ltd with a 100% stake. Sigma Red Limited is a established, mid sized company, Pomanda has estimated its turnover at £13.8m with high growth in recent years.

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Sigma Red Limited Health Check

Pomanda's financial health check has awarded Sigma Red Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

1 Weak

size

Size

annual sales of £13.8m, make it larger than the average company (£6m)

£13.8m - Sigma Red Limited

£6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (9.1%)

20% - Sigma Red Limited

9.1% - Industry AVG

production

Production

with a gross margin of 39%, this company has a higher cost of product (64.4%)

39% - Sigma Red Limited

64.4% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Sigma Red Limited

- - Industry AVG

employees

Employees

with 96 employees, this is above the industry average (79)

96 - Sigma Red Limited

79 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)

£32.8k - Sigma Red Limited

£32.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £144k, this is more efficient (£77.8k)

£144k - Sigma Red Limited

£77.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Sigma Red Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 385 days, this is slower than average (46 days)

385 days - Sigma Red Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sigma Red Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sigma Red Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Sigma Red Limited

- - Industry AVG

SIGMA RED LIMITED financials

EXPORTms excel logo

Sigma Red Limited's latest turnover from April 2024 is estimated at £13.8 million and the company has net assets of -£8.9 million. According to their latest financial statements, we estimate that Sigma Red Limited has 96 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Dec 2014Dec 2013Dec 2012Dec 2011Mar 2011
Turnover13,827,32814,076,4677,656,2508,032,13023,346,8541,528,7186,721,37096,3671,374,511823,16046,766
Other Income Or Grants
Cost Of Sales8,429,8168,258,3964,773,8365,214,61513,838,236791,9163,478,34557,110785,265500,32627,273
Gross Profit5,397,5125,818,0712,882,4142,817,5159,508,618736,8023,243,02439,257589,246322,83419,493
Admin Expenses5,397,5125,818,0712,882,4142,817,5159,508,6171736,80112,156,054-1,413,1586,141,2744,134,0631,021,611
Operating Profit1-11-8,913,0301,452,415-5,552,028-3,811,229-1,002,118
Interest Payable
Interest Receivable
Pre-Tax Profit1-11-8,913,0301,452,415-5,552,028-3,811,299-1,002,118
Tax
Profit After Tax1-11-8,913,0301,452,415-5,552,028-3,811,299-1,002,118
Dividends Paid
Retained Profit1-11-8,913,0301,452,415-5,552,028-3,811,299-1,002,118
Employee Costs3,153,5413,681,3011,770,1852,009,7005,037,866465,5392,083,60826,289347,790199,67426,076
Number Of Employees961096363156156011281
EBITDA*1-11-8,913,0301,452,415-5,552,028-3,811,229-1,002,118

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Dec 2014Dec 2013Dec 2012Dec 2011Mar 2011
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors87,709150,57728,500
Group Debtors28,53647,7253,400
Misc Debtors396,59376,44613,311
Cash31,44953,54120,809
misc current assets
total current assets544,287328,28966,020
total assets544,287328,28966,020
Bank overdraft
Bank loan
Trade Creditors 8,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,029
Group/Directors Accounts8,913,0298,913,0298,913,02910,864,4684,990,1091,048,884
other short term finances
hp & lease commitments
other current liabilities45,263151,59619,253
total current liabilities8,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,02910,909,7315,141,7051,068,137
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities8,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,0298,913,02910,909,7315,141,7051,068,137
net assets-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-10,365,444-4,813,416-1,002,117
total shareholders funds-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-8,913,029-10,365,444-4,813,416-1,002,117
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Dec 2014Dec 2013Dec 2012Dec 2011Mar 2011
Operating Activities
Operating Profit1-11-8,913,0301,452,415-5,552,028-3,811,229-1,002,118
Depreciation
Amortisation
Tax
Stock
Debtors-512,838238,090229,53745,211
Creditors8,913,029-8,913,0298,913,029
Accruals and Deferred Income-45,263-106,333132,34319,253
Deferred Taxes & Provisions
Cash flow from operations8,913,030-8,913,0301-11,919,990-5,896,451-3,908,423-1,028,076
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-8,913,0298,913,029-1,951,4395,874,3593,941,2251,048,884
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-11-111
interest
cash flow from financing-8,913,0308,913,030-11-1,951,4395,874,3593,941,2251,048,885
cash and cash equivalents
cash-31,449-22,09232,73220,809
overdraft
change in cash-31,449-22,09232,73220,809

sigma red limited 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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Sigma Red Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sigma red limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in B 4 area or any other competitors across 12 key performance metrics.

sigma red limited Ownership

SIGMA RED LIMITED group structure

Sigma Red Limited has no subsidiary companies.

Ultimate parent company

DIGICALL HOLDINGS (PTY) LTD

#0099598

2 parents

SIGMA RED LIMITED

07360242

SIGMA RED LIMITED Shareholders

sigma connected group ltd 100%

sigma red limited directors

Sigma Red Limited currently has 2 directors. The longest serving directors include Mr Michael Harfield (Aug 2010) and Mr Gary Gilburd (Aug 2011).

officercountryagestartendrole
Mr Michael HarfieldEngland50 years Aug 2010- Director
Mr Gary GilburdEngland50 years Aug 2011- Director

P&L

April 2024

turnover

13.8m

-2%

operating profit

0

0%

gross margin

39.1%

-5.56%

turnover

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

Balance Sheet

April 2024

net assets

-8.9m

0%

total assets

0

0%

cash

0

0%

net assets

Total assets minus all liabilities

sigma red limited company details

company number

07360242

Type

Private limited with Share Capital

industry

82911 - Activities of collection agencies

incorporation date

August 2010

age

15

incorporated

UK

ultimate parent company

DIGICALL HOLDINGS (PTY) LTD

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

mclaren building, 46 priory queensway, birmingham, B4 7LR

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

sigma red 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 sigma red limited.

sigma red 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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sigma red limited Companies House Filings - See Documents

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