seen studios limited

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seen studios limited Company Information

Share SEEN STUDIOS LIMITED

Company Number

08361814

Shareholders

seen presents ltd

captivate group ltd

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Group Structure

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Industry

Specialised design activities

 

Registered Address

units efg, ground floor, zetland, 5-25 scrutton street, london, EC2A 4HJ

seen studios limited Estimated Valuation

£797.4k

Pomanda estimates the enterprise value of SEEN STUDIOS LIMITED at £797.4k based on a Turnover of £2.7m and 0.3x industry multiple (adjusted for size and gross margin).

seen studios limited Estimated Valuation

£825.7k

Pomanda estimates the enterprise value of SEEN STUDIOS LIMITED at £825.7k based on an EBITDA of £345.1k and a 2.39x industry multiple (adjusted for size and gross margin).

seen studios limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of SEEN STUDIOS LIMITED at £2.1m based on Net Assets of £1.2m and 1.75x industry multiple (adjusted for liquidity).

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Seen Studios Limited Overview

Seen Studios Limited is a live company located in london, EC2A 4HJ with a Companies House number of 08361814. It operates in the specialised design activities sector, SIC Code 74100. Founded in January 2013, it's largest shareholder is seen presents ltd with a 47.7% stake. Seen Studios Limited is a established, small sized company, Pomanda has estimated its turnover at £2.7m with rapid growth in recent years.

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Seen Studios Limited Health Check

Pomanda's financial health check has awarded Seen Studios Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £2.7m, make it larger than the average company (£313.6k)

£2.7m - Seen Studios Limited

£313.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (8.6%)

51% - Seen Studios Limited

8.6% - Industry AVG

production

Production

with a gross margin of 26%, this company has a higher cost of product (48.4%)

26% - Seen Studios Limited

48.4% - Industry AVG

profitability

Profitability

an operating margin of 12% make it more profitable than the average company (7.4%)

12% - Seen Studios Limited

7.4% - Industry AVG

employees

Employees

with 31 employees, this is above the industry average (4)

31 - Seen Studios Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £41k, the company has an equivalent pay structure (£41k)

£41k - Seen Studios Limited

£41k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £86.4k, this is less efficient (£110k)

£86.4k - Seen Studios Limited

£110k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 152 days, this is later than average (71 days)

152 days - Seen Studios Limited

71 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 119 days, this is slower than average (39 days)

119 days - Seen Studios Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Seen Studios Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (24 weeks)

55 weeks - Seen Studios Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.6%, this is a lower level of debt than the average (59%)

34.6% - Seen Studios Limited

59% - Industry AVG

SEEN STUDIOS LIMITED financials

EXPORTms excel logo

Seen Studios Limited's latest turnover from December 2023 is estimated at £2.7 million and the company has net assets of £1.2 million. According to their latest financial statements, Seen Studios Limited has 31 employees and maintains cash reserves of £690.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover2,676,9043,835,6103,083,614784,1271,508,6011,304,3961,522,4491,909,048657,220203,807212,138
Other Income Or Grants
Cost Of Sales1,980,9552,814,6872,210,252546,2231,046,213910,7181,024,2171,242,722433,175131,839137,640
Gross Profit695,9501,020,923873,363237,904462,389393,677498,232666,325224,04571,96874,497
Admin Expenses373,9111,070,569305,863470,206610,736-47366,792384,741-7,82922,66445,071
Operating Profit322,039-49,646567,500-232,302-148,347393,724131,440281,584231,87449,30429,426
Interest Payable
Interest Receivable38,85519,6037233003,8503,1751,349562226265
Pre-Tax Profit360,893-30,043568,223-232,002-144,497396,899132,789282,146232,10049,33029,431
Tax-90,223-107,962-75,411-25,230-56,429-46,420-10,359-6,769
Profit After Tax270,670-30,043460,261-232,002-144,497321,488107,559225,717185,68038,97122,662
Dividends Paid
Retained Profit270,670-30,043460,261-232,002-144,497321,488107,559225,717185,68038,97122,662
Employee Costs1,270,542894,601647,426552,946735,609767,172771,755652,968264,57590,61983,987
Number Of Employees3124181618171715622
EBITDA*345,053-38,152571,476-218,639-132,552412,365150,363289,641233,03549,30429,426

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets69,53444,16028,4538,71014,79728,69250,92059,95210,0162,506
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets69,53444,16028,4538,71014,79728,69250,92059,95210,0162,506
Stock & work in progress1,216147,918386,891171,322663,086164,518
Trade Debtors1,114,8921,612,8711,574,471364,306644,275428,001618,283675,44960,955
Group Debtors
Misc Debtors
Cash690,104790,076330,115248,679351,884674,843171,726367,72382,0228,4631,898
misc current assets
total current assets1,804,9962,402,9471,904,586614,2011,144,0771,489,735961,3311,043,172745,108172,98162,853
total assets1,874,5302,447,1071,933,039622,9111,158,8741,518,4271,012,2511,103,124755,124175,48762,853
Bank overdraft
Bank loan
Trade Creditors 647,7481,490,995946,99297,125401,089616,250431,562555,545458,902101,27438,366
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities647,7481,490,995946,99297,125401,089616,250431,562555,545458,902101,27438,366
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions74,44948,80912,4801,765
total long term liabilities74,44948,80912,4801,765
total liabilities647,7481,490,995946,99297,125401,089616,250431,562629,994507,711113,75440,131
net assets1,226,782956,112986,047525,786757,785902,177580,689473,130247,41361,73322,722
total shareholders funds1,226,782956,112986,047525,786757,785902,177580,689473,130247,41361,73322,722
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit322,039-49,646567,500-232,302-148,347393,724131,440281,584231,87449,30429,426
Depreciation23,01411,4943,97613,66315,79518,64118,9238,0571,161
Amortisation
Tax-90,223-107,962-75,411-25,230-56,429-46,420-10,359-6,769
Stock-1,216-146,702-238,973215,569171,322-663,086498,568164,518
Debtors-497,97938,4001,210,165-279,969216,274-190,282-57,166675,449-60,95560,955
Creditors-843,247544,003849,867-303,964-215,161184,688-123,98396,643357,62862,90838,366
Accruals and Deferred Income
Deferred Taxes & Provisions-74,44925,64036,32910,7151,765
Cash flow from operations-90,438467,451104,432-95,932-325,014496,355-187,455343,13282,0049,0051,833
Investing Activities
capital expenditure-48,388-27,201-23,719-7,576-1,9003,587-9,891-57,993-8,671-2,506
Change in Investments
cash flow from investments-48,388-27,201-23,719-7,576-1,9003,587-9,891-57,993-8,671-2,506
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue10831054060
interest38,85519,6037233003,8503,1751,349562226265
cash flow from financing38,85519,7117233033,9553,1751,3495622266665
cash and cash equivalents
cash-99,972459,96181,436-103,205-322,959503,117-195,997285,70173,5596,5651,898
overdraft
change in cash-99,972459,96181,436-103,205-322,959503,117-195,997285,70173,5596,5651,898

seen studios 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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Seen Studios Limited Competitor Analysis

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Perform a competitor analysis for seen studios limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.

seen studios limited Ownership

SEEN STUDIOS LIMITED group structure

Seen Studios Limited has no subsidiary companies.

Ultimate parent company

2 parents

SEEN STUDIOS LIMITED

08361814

SEEN STUDIOS LIMITED Shareholders

seen presents ltd 47.74%
captivate group ltd 31.83%
katherine mitchell 12.45%
mohamed krimat 4.98%
jessica bell 2.99%

seen studios limited directors

Seen Studios Limited currently has 4 directors. The longest serving directors include Mr Andrew Southcott (Aug 2019) and Mrs Katherine Mitchell (Oct 2019).

officercountryagestartendrole
Mr Andrew SouthcottEngland42 years Aug 2019- Director
Mrs Katherine MitchellEngland38 years Oct 2019- Director
Mr Paul SeligmanEngland71 years Jul 2020- Director
Mr Paul Seligman71 years Jul 2020- Director

P&L

December 2023

turnover

2.7m

-30%

operating profit

322k

0%

gross margin

26%

-2.32%

turnover

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

Balance Sheet

December 2023

net assets

1.2m

+0.28%

total assets

1.9m

-0.23%

cash

690.1k

-0.13%

net assets

Total assets minus all liabilities

seen studios limited company details

company number

08361814

Type

Private limited with Share Capital

industry

74100 - Specialised design activities

incorporation date

January 2013

age

12

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

seen displays ltd (August 2022)

accountant

-

auditor

-

address

units efg, ground floor, zetland, 5-25 scrutton street, london, EC2A 4HJ

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

seen studios 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 seen studios limited.

seen studios 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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seen studios limited Companies House Filings - See Documents

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