summit sales (uk) ltd
summit sales (uk) ltd Company Information
Company Number
07739942
Website
-Registered Address
3 st. lawrence drive, pinner, HA5 2RH
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
02088666392
Next Accounts Due
August 2025
Group Structure
View All
Directors
Ian Welch13 Years
Shareholders
ian latimer welch 75%
margaret hall 25%
summit sales (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SUMMIT SALES (UK) LTD at £220.2k based on a Turnover of £445.6k and 0.49x industry multiple (adjusted for size and gross margin).
summit sales (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SUMMIT SALES (UK) LTD at £260.5k based on an EBITDA of £64.7k and a 4.03x industry multiple (adjusted for size and gross margin).
summit sales (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of SUMMIT SALES (UK) LTD at £527.1k based on Net Assets of £232.4k and 2.27x industry multiple (adjusted for liquidity).
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Summit Sales (uk) Ltd Overview
Summit Sales (uk) Ltd is a live company located in pinner, HA5 2RH with a Companies House number of 07739942. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 2011, it's largest shareholder is ian latimer welch with a 75% stake. Summit Sales (uk) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £445.6k with declining growth in recent years.
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Summit Sales (uk) Ltd Health Check
Pomanda's financial health check has awarded Summit Sales (Uk) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £445.6k, make it smaller than the average company (£1.8m)
- Summit Sales (uk) Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (6.4%)
- Summit Sales (uk) Ltd
6.4% - Industry AVG
Production
with a gross margin of 44.3%, this company has a comparable cost of product (44.3%)
- Summit Sales (uk) Ltd
44.3% - Industry AVG
Profitability
an operating margin of 14.5% make it more profitable than the average company (5.8%)
- Summit Sales (uk) Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Summit Sales (uk) Ltd
17 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Summit Sales (uk) Ltd
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £445.6k, this is more efficient (£118k)
- Summit Sales (uk) Ltd
£118k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Summit Sales (uk) Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 223 days, this is slower than average (32 days)
- Summit Sales (uk) Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Summit Sales (uk) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 136 weeks, this is more cash available to meet short term requirements (28 weeks)
136 weeks - Summit Sales (uk) Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.9%, this is a lower level of debt than the average (52.5%)
41.9% - Summit Sales (uk) Ltd
52.5% - Industry AVG
SUMMIT SALES (UK) LTD financials
Summit Sales (Uk) Ltd's latest turnover from November 2023 is estimated at £445.6 thousand and the company has net assets of £232.4 thousand. According to their latest financial statements, Summit Sales (Uk) Ltd has 1 employee and maintains cash reserves of £400.3 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | |||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 191,880 | 182,800 | 92,023 | 76,744 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 400,281 | 319,679 | 284,741 | 0 | 0 | 0 | 0 | 38,760 | 35,537 | 22,436 | 36,144 | 42,764 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 400,281 | 319,679 | 284,741 | 191,880 | 182,800 | 92,023 | 76,744 | 38,760 | 35,537 | 22,436 | 36,144 | 42,764 |
| total assets | 400,281 | 319,679 | 284,741 | 191,880 | 182,800 | 92,023 | 76,744 | 38,760 | 35,537 | 22,436 | 36,144 | 42,764 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 152,050 | 123,478 | 128,451 | 97,880 | 44,198 | 18,589 | 19,436 | 12,613 | 12,347 | 7,547 | 10,410 | 17,017 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 152,050 | 123,478 | 128,451 | 97,880 | 44,198 | 18,589 | 19,436 | 12,613 | 12,347 | 7,547 | 10,410 | 17,017 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 15,833 | 25,833 | 35,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,833 | 25,833 | 35,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 167,883 | 149,311 | 164,284 | 97,880 | 44,198 | 18,589 | 19,436 | 12,613 | 12,347 | 7,547 | 10,410 | 17,017 |
| net assets | 232,398 | 170,368 | 120,457 | 94,000 | 138,602 | 73,434 | 57,308 | 26,147 | 23,190 | 14,889 | 25,734 | 25,747 |
| total shareholders funds | 232,398 | 170,368 | 120,457 | 94,000 | 138,602 | 73,434 | 57,308 | 26,147 | 23,190 | 14,889 | 25,734 | 25,747 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -191,880 | 9,080 | 90,777 | 15,279 | 76,744 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 28,572 | -4,973 | 30,571 | 53,682 | 25,609 | -847 | 6,823 | 266 | 4,800 | -2,863 | -6,607 | 17,017 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -10,000 | -10,000 | 35,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 80,602 | 34,938 | 284,741 | 0 | 0 | 0 | -38,760 | 3,223 | 13,101 | -13,708 | -6,620 | 42,764 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 80,602 | 34,938 | 284,741 | 0 | 0 | 0 | -38,760 | 3,223 | 13,101 | -13,708 | -6,620 | 42,764 |
summit sales (uk) ltd Credit Report and Business Information
Summit Sales (uk) Ltd Competitor Analysis
Perform a competitor analysis for summit sales (uk) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA5 area or any other competitors across 12 key performance metrics.
summit sales (uk) ltd Ownership
SUMMIT SALES (UK) LTD group structure
Summit Sales (Uk) Ltd has no subsidiary companies.
Ultimate parent company
SUMMIT SALES (UK) LTD
07739942
summit sales (uk) ltd directors
Summit Sales (Uk) Ltd currently has 1 director, Mr Ian Welch serving since Aug 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Welch | United Kingdom | 58 years | Aug 2011 | - | Director |
P&L
November 2023turnover
445.6k
+23%
operating profit
64.7k
0%
gross margin
44.4%
-0.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
232.4k
+0.36%
total assets
400.3k
+0.25%
cash
400.3k
+0.25%
net assets
Total assets minus all liabilities
summit sales (uk) ltd company details
company number
07739942
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
August 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
3 st. lawrence drive, pinner, HA5 2RH
Bank
-
Legal Advisor
-
summit sales (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 did not find charges/mortgages relating to summit sales (uk) ltd.
summit sales (uk) ltd Companies House Filings - See Documents
| date | description | view/download |
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