sheng yip ltd

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sheng yip ltd Company Information

Share SHENG YIP LTD

Company Number

07836439

Shareholders

nghiep quyen ly

jason hong guang ly

Group Structure

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Industry

Manufacture of prepared meals and dishes

 

Registered Address

ulm ltd 1st floor, 16 ingestre place, london, W1F 0JJ

sheng yip ltd Estimated Valuation

£903.4k

Pomanda estimates the enterprise value of SHENG YIP LTD at £903.4k based on a Turnover of £2.8m and 0.32x industry multiple (adjusted for size and gross margin).

sheng yip ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of SHENG YIP LTD at £1m based on an EBITDA of £373.3k and a 2.71x industry multiple (adjusted for size and gross margin).

sheng yip ltd Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of SHENG YIP LTD at £2.5m based on Net Assets of £1.3m and 2.03x industry multiple (adjusted for liquidity).

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Sheng Yip Ltd Overview

Sheng Yip Ltd is a live company located in london, W1F 0JJ with a Companies House number of 07836439. It operates in the manufacture of prepared meals and dishes sector, SIC Code 10850. Founded in November 2011, it's largest shareholder is nghiep quyen ly with a 90% stake. Sheng Yip Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.8m with rapid growth in recent years.

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Sheng Yip Ltd Health Check

Pomanda's financial health check has awarded Sheng Yip Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £2.8m, make it smaller than the average company (£21.5m)

£2.8m - Sheng Yip Ltd

£21.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (6.6%)

66% - Sheng Yip Ltd

6.6% - Industry AVG

production

Production

with a gross margin of 16.5%, this company has a higher cost of product (26.7%)

16.5% - Sheng Yip Ltd

26.7% - Industry AVG

profitability

Profitability

an operating margin of 13.3% make it more profitable than the average company (3.4%)

13.3% - Sheng Yip Ltd

3.4% - Industry AVG

employees

Employees

with 13 employees, this is below the industry average (187)

13 - Sheng Yip Ltd

187 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.2k, the company has an equivalent pay structure (£30.2k)

£30.2k - Sheng Yip Ltd

£30.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £215.5k, this is more efficient (£128.4k)

£215.5k - Sheng Yip Ltd

£128.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 74 days, this is later than average (39 days)

74 days - Sheng Yip Ltd

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 90 days, this is slower than average (40 days)

90 days - Sheng Yip Ltd

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sheng Yip Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sheng Yip Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31.8%, this is a lower level of debt than the average (60.8%)

31.8% - Sheng Yip Ltd

60.8% - Industry AVG

SHENG YIP LTD financials

EXPORTms excel logo

Sheng Yip Ltd's latest turnover from June 2024 is estimated at £2.8 million and the company has net assets of £1.3 million. According to their latest financial statements, Sheng Yip Ltd has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012
Turnover2,800,9151,679,974571,733608,627616,352557,329329,12788,424174,559149,170108,179174,644
Other Income Or Grants
Cost Of Sales2,338,9341,411,338468,951518,290486,903460,315273,50971,870137,075119,52288,790144,059
Gross Profit461,981268,636102,78290,336129,44997,01455,61916,55437,48529,64819,38930,585
Admin Expenses88,660-234,347-8,315-237,14340,995-14,8059,11719,06426,72944,7777,3281,103
Operating Profit373,321502,983111,097327,47988,454111,81946,502-2,51010,756-15,12912,06129,482
Interest Payable
Interest Receivable10,4344,4293934071,78751413025124822695
Pre-Tax Profit373,321513,417115,526327,87288,862113,60647,016-2,38011,008-14,88112,28729,578
Tax-93,330-128,354-21,950-62,296-16,884-21,585-8,933-2,201-2,580-6,803
Profit After Tax279,991385,06393,576265,57671,97892,02138,083-2,3808,806-14,8819,70722,775
Dividends Paid
Retained Profit279,991385,06393,576265,57671,97892,02138,083-2,3808,806-14,8819,70722,775
Employee Costs392,711386,569374,371332,829326,440324,093222,44524,13845,26041,97221,40842,893
Number Of Employees131313121212912212
EBITDA*373,321517,552120,716332,31996,129119,57768,366-2,51022,993-3,19623,99440,415

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012
Tangible Assets1,259,6921,328,049470,726426,86611,80119,47623,13022,11836,79743,730
Intangible Assets39,40724,864
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,259,6921,328,049470,726426,86611,80119,47623,13022,11839,40724,86436,79743,730
Stock & work in progress5,9503,4506,4504,4503,7503,1406,5508,90012,05013,600
Trade Debtors572,844176,00443,91114,25114,8659,4398,9007,84610,42813,04218,51913,961
Group Debtors
Misc Debtors8,64712,1153,707
Cash417,375291,299494,009320,952155,58849,90553,70046,83952,39838,188
misc current assets
total current assets572,844176,004467,236309,000515,324343,488180,35364,59870,67868,78182,96765,749
total assets1,832,5361,504,053937,962735,866527,125362,964203,48386,716110,08593,645119,764109,479
Bank overdraft
Bank loan
Trade Creditors 582,221533,729244,081300,916208,73389,47641,67183,57875,94486,604
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities51,79720,918
total current liabilities582,221533,729244,081300,916208,733141,27362,58983,57875,94486,604
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities352,60187,182
provisions
total long term liabilities352,60187,182
total liabilities582,221533,729352,601244,081300,916208,733141,27362,58983,57875,94487,18286,604
net assets1,250,315970,324585,361491,785226,209154,23162,21024,12726,50717,70132,58222,875
total shareholders funds1,250,315970,324585,361491,785226,209154,23162,21024,12726,50717,70132,58222,875
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012
Operating Activities
Operating Profit373,321502,983111,097327,47988,454111,81946,502-2,51010,756-15,12912,06129,482
Depreciation14,5699,6194,8407,6757,75821,86411,93311,93310,933
Amortisation12,237
Tax-93,330-128,354-21,950-62,296-16,884-21,585-8,933-2,201-2,580-6,803
Stock-5,9502,500-3,0002,000700610-3,410-2,350-3,150-1,55013,600
Debtors396,840132,09329,660-614-3,221-2,9299,4621,125-2,614-5,4774,55813,961
Creditors48,492533,729-244,081-56,83592,183119,25747,805-41,9077,63475,944-86,60486,604
Accruals and Deferred Income-51,79730,87920,918
Deferred Taxes & Provisions
Cash flow from operations-68,357796,784-177,475216,802172,649167,681128,045-21,21433,39081,375-68,19892,655
Investing Activities
capital expenditure68,357-871,892-53,479-419,905-4,104-22,87617,289-26,780-5,000-54,663
Change in Investments
cash flow from investments68,357-871,892-53,479-419,905-4,104-22,87617,289-26,780-5,000-54,663
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-352,601352,601-87,18287,182
share issue-100100
interest10,4344,4293934071,78751413025124822695
cash flow from financing-342,267357,0303934071,787514130251-86,93487,408195
cash and cash equivalents
cash-417,375126,076-202,710173,057165,364105,683-3,7956,861-5,55914,21038,188
overdraft
change in cash-417,375126,076-202,710173,057165,364105,683-3,7956,861-5,55914,21038,188

sheng yip 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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Sheng Yip Ltd Competitor Analysis

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Perform a competitor analysis for sheng yip ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in W1F area or any other competitors across 12 key performance metrics.

sheng yip ltd Ownership

SHENG YIP LTD group structure

Sheng Yip Ltd has no subsidiary companies.

Ultimate parent company

SHENG YIP LTD

07836439

SHENG YIP LTD Shareholders

nghiep quyen ly 90%
jason hong guang ly 10%

sheng yip ltd directors

Sheng Yip Ltd currently has 2 directors. The longest serving directors include Mr Nghiep Ly (Nov 2011) and Mr Jason Ly (Jun 2024).

officercountryagestartendrole
Mr Nghiep LyUnited Kingdom70 years Nov 2011- Director
Mr Jason LyUnited Kingdom28 years Jun 2024- Director

P&L

June 2024

turnover

2.8m

+67%

operating profit

373.3k

0%

gross margin

16.5%

+3.15%

turnover

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

Balance Sheet

June 2024

net assets

1.3m

+0.29%

total assets

1.8m

+0.22%

cash

0

0%

net assets

Total assets minus all liabilities

sheng yip ltd company details

company number

07836439

Type

Private limited with Share Capital

industry

10850 - Manufacture of prepared meals and dishes

incorporation date

November 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

ulm ltd 1st floor, 16 ingestre place, london, W1F 0JJ

Bank

-

Legal Advisor

-

sheng yip 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 1 charges/mortgages relating to sheng yip ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

sheng yip 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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sheng yip ltd Companies House Filings - See Documents

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