setex global sourcing ltd
setex global sourcing ltd Company Information
Company Number
07836412
Next Accounts
Jul 2025
Shareholders
sener bucuk
elvan toker-bucuk
Group Structure
View All
Industry
Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
Registered Address
11 marion grove, woodford green, IG8 9TA
Website
-setex global sourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of SETEX GLOBAL SOURCING LTD at £162.6k based on a Turnover of £364.3k and 0.45x industry multiple (adjusted for size and gross margin).
setex global sourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of SETEX GLOBAL SOURCING LTD at £532.9k based on an EBITDA of £144.4k and a 3.69x industry multiple (adjusted for size and gross margin).
setex global sourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of SETEX GLOBAL SOURCING LTD at £166.7k based on Net Assets of £108.9k and 1.53x industry multiple (adjusted for liquidity).
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Setex Global Sourcing Ltd Overview
Setex Global Sourcing Ltd is a live company located in woodford green, IG8 9TA with a Companies House number of 07836412. It operates in the agents involved in the sale of textiles, clothing, fur, footwear and leather goods sector, SIC Code 46160. Founded in November 2011, it's largest shareholder is sener bucuk with a 50% stake. Setex Global Sourcing Ltd is a established, micro sized company, Pomanda has estimated its turnover at £364.3k with unknown growth in recent years.
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Setex Global Sourcing Ltd Health Check
Pomanda's financial health check has awarded Setex Global Sourcing Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £364.3k, make it smaller than the average company (£2m)
- Setex Global Sourcing Ltd
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Setex Global Sourcing Ltd
- - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (31.8%)
- Setex Global Sourcing Ltd
31.8% - Industry AVG
Profitability
an operating margin of 39.6% make it more profitable than the average company (3.9%)
- Setex Global Sourcing Ltd
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Setex Global Sourcing Ltd
6 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£36.6k)
- Setex Global Sourcing Ltd
£36.6k - Industry AVG
Efficiency
resulting in sales per employee of £182.2k, this is less efficient (£264.7k)
- Setex Global Sourcing Ltd
£264.7k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (43 days)
- Setex Global Sourcing Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 135 days, this is slower than average (27 days)
- Setex Global Sourcing Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Setex Global Sourcing Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Setex Global Sourcing Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.8%, this is a lower level of debt than the average (66.5%)
51.8% - Setex Global Sourcing Ltd
66.5% - Industry AVG
SETEX GLOBAL SOURCING LTD financials
Setex Global Sourcing Ltd's latest turnover from October 2023 is estimated at £364.3 thousand and the company has net assets of £108.9 thousand. According to their latest financial statements, Setex Global Sourcing Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Oct 2013 | Oct 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 | 2 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 144,850 | 513 | 626 | 764 | 932 | 1,136 | 1,385 | 1,166 | 1,166 | 1,166 | |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 144,850 | 513 | 626 | 764 | 932 | 1,136 | 1,385 | 1,166 | 1,166 | 1,166 | |
| Stock & work in progress | |||||||||||
| Trade Debtors | 80,663 | 150,538 | |||||||||
| Group Debtors | |||||||||||
| Misc Debtors | 477 | ||||||||||
| Cash | 93,839 | 83,998 | 31,091 | 34,154 | 31,244 | 23,467 | 20,559 | 3,959 | |||
| misc current assets | |||||||||||
| total current assets | 81,140 | 150,538 | 93,839 | 83,998 | 31,091 | 34,154 | 31,244 | 23,467 | 20,559 | 3,959 | |
| total assets | 225,990 | 151,051 | 94,465 | 84,762 | 32,023 | 35,290 | 32,629 | 24,633 | 21,725 | 5,125 | |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 112,748 | 113,035 | 22,281 | 16,766 | 2,873 | ||||||
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 38,355 | 21,488 | 32,498 | 31,159 | 22,475 | ||||||
| total current liabilities | 112,748 | 113,035 | 22,281 | 38,355 | 21,488 | 32,498 | 31,159 | 22,475 | 16,766 | 2,873 | |
| loans | 20,000 | ||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 4,293 | 37,363 | 51,850 | 43,500 | |||||||
| provisions | |||||||||||
| total long term liabilities | 4,293 | 37,363 | 71,850 | 43,500 | |||||||
| total liabilities | 117,041 | 150,398 | 94,131 | 81,855 | 21,488 | 32,498 | 31,159 | 22,475 | 16,766 | 2,873 | |
| net assets | 108,949 | 653 | 334 | 2,907 | 10,535 | 2,792 | 1,470 | 2,158 | 4,959 | 2,252 | |
| total shareholders funds | 108,949 | 653 | 334 | 2,907 | 10,535 | 2,792 | 1,470 | 2,158 | 4,959 | 2,252 |
| Oct 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 138 | 168 | 204 | 249 | 210 | ||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -69,398 | 150,538 | |||||||||
| Creditors | -287 | 90,754 | 22,281 | -16,766 | 16,766 | 2,873 | |||||
| Accruals and Deferred Income | -38,355 | 16,867 | -11,010 | 1,339 | 8,684 | 22,475 | |||||
| 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 | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | -20,000 | 20,000 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -33,070 | -14,487 | 8,350 | 43,500 | |||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -93,839 | 9,841 | 52,907 | -3,063 | 2,910 | 7,777 | 2,908 | 20,559 | 3,959 | ||
| overdraft | |||||||||||
| change in cash | -93,839 | 9,841 | 52,907 | -3,063 | 2,910 | 7,777 | 2,908 | 20,559 | 3,959 |
setex global sourcing ltd Credit Report and Business Information
Setex Global Sourcing Ltd Competitor Analysis
Perform a competitor analysis for setex global sourcing ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in IG8 area or any other competitors across 12 key performance metrics.
setex global sourcing ltd Ownership
SETEX GLOBAL SOURCING LTD group structure
Setex Global Sourcing Ltd has no subsidiary companies.
Ultimate parent company
SETEX GLOBAL SOURCING LTD
07836412
setex global sourcing ltd directors
Setex Global Sourcing Ltd currently has 2 directors. The longest serving directors include Mr Sener Bucuk (Oct 2012) and Mrs Elvan Toker-Bucuk (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sener Bucuk | England | 45 years | Oct 2012 | - | Director |
| Mrs Elvan Toker-Bucuk | United Kingdom | 47 years | Nov 2020 | - | Director |
P&L
October 2023turnover
364.3k
-11%
operating profit
144.4k
0%
gross margin
16.6%
-9.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
108.9k
+165.84%
total assets
226k
+0.5%
cash
0
0%
net assets
Total assets minus all liabilities
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setex global sourcing ltd company details
company number
07836412
Type
Private limited with Share Capital
industry
46160 - Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
incorporation date
November 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
11 marion grove, woodford green, IG8 9TA
Bank
-
Legal Advisor
-
setex global sourcing 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 setex global sourcing ltd.
setex global sourcing 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.
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setex global sourcing ltd Companies House Filings - See Documents
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