sum finance limited
sum finance limited Company Information
Company Number
08501132
Website
-Registered Address
victoria house, stanbridge park, staplefield lan, haywards heath, west sussex, RH17 6AS
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
ian ruddock 100%
sum finance limited Estimated Valuation
Pomanda estimates the enterprise value of SUM FINANCE LIMITED at £21.7k based on a Turnover of £49.9k and 0.43x industry multiple (adjusted for size and gross margin).
sum finance limited Estimated Valuation
Pomanda estimates the enterprise value of SUM FINANCE LIMITED at £2.7k based on an EBITDA of £820 and a 3.24x industry multiple (adjusted for size and gross margin).
sum finance limited Estimated Valuation
Pomanda estimates the enterprise value of SUM FINANCE LIMITED at £0 based on Net Assets of £-259 and 0.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sum Finance Limited Overview
Sum Finance Limited is a live company located in haywards heath, RH17 6AS with a Companies House number of 08501132. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in April 2013, it's largest shareholder is ian ruddock with a 100% stake. Sum Finance Limited is a established, micro sized company, Pomanda has estimated its turnover at £49.9k with high growth in recent years.
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Sum Finance Limited Health Check
Pomanda's financial health check has awarded Sum Finance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £49.9k, make it smaller than the average company (£265.2k)
- Sum Finance Limited
£265.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6%)
- Sum Finance Limited
6% - Industry AVG
Production
with a gross margin of 26%, this company has a higher cost of product (55.5%)
- Sum Finance Limited
55.5% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (9%)
- Sum Finance Limited
9% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Sum Finance Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Sum Finance Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £24.9k, this is less efficient (£107.6k)
- Sum Finance Limited
£107.6k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is near the average (73 days)
- Sum Finance Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (27 days)
- Sum Finance Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sum Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sum Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.6%, this is a higher level of debt than the average (55.5%)
102.6% - Sum Finance Limited
55.5% - Industry AVG
SUM FINANCE LIMITED financials
Sum Finance Limited's latest turnover from April 2023 is estimated at £49.9 thousand and the company has net assets of -£259. According to their latest financial statements, Sum Finance Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 1 | 1 | 1 | 1 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,078 | 5,085 | 7,512 | 7,573 | 2,318 | 15,000 | 19,988 | 10,142 | 11,175 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 99,039 | 16,123 | 21,498 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,078 | 5,085 | 7,512 | 7,573 | 2,318 | 15,000 | 19,988 | 109,181 | 27,298 | 21,498 |
| total assets | 10,078 | 5,085 | 7,512 | 7,573 | 2,318 | 15,000 | 19,988 | 109,181 | 27,298 | 21,498 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,665 | 5,287 | 9,029 | 6,298 | 1,393 | 13,461 | 3,650 | 32,491 | 21,250 | 6,370 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,665 | 5,287 | 9,029 | 6,298 | 1,393 | 13,461 | 3,650 | 32,491 | 21,250 | 6,370 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 672 | 672 | 846 | 1,200 | 700 | 700 | 600 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 672 | 672 | 846 | 1,200 | 700 | 700 | 600 | 0 | 0 | 0 |
| total liabilities | 10,337 | 5,959 | 9,875 | 7,498 | 2,093 | 14,161 | 4,250 | 32,491 | 21,250 | 6,370 |
| net assets | -259 | -874 | -2,363 | 75 | 225 | 839 | 15,738 | 76,690 | 6,048 | 15,128 |
| total shareholders funds | -259 | -874 | -2,363 | 75 | 225 | 839 | 15,738 | 76,690 | 6,048 | 15,128 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,993 | -2,427 | -61 | 5,255 | -12,682 | -4,988 | 9,846 | -1,033 | 11,175 | 0 |
| Creditors | 4,378 | -3,742 | 2,731 | 4,905 | -12,068 | 9,811 | -28,841 | 11,241 | 14,880 | 6,370 |
| Accruals and Deferred Income | 0 | -174 | -354 | 500 | 0 | 100 | 600 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -99,039 | 82,916 | -5,375 | 21,498 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -99,039 | 82,916 | -5,375 | 21,498 |
sum finance limited Credit Report and Business Information
Sum Finance Limited Competitor Analysis
Perform a competitor analysis for sum finance limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RH17 area or any other competitors across 12 key performance metrics.
sum finance limited Ownership
SUM FINANCE LIMITED group structure
Sum Finance Limited has no subsidiary companies.
Ultimate parent company
SUM FINANCE LIMITED
08501132
sum finance limited directors
Sum Finance Limited currently has 3 directors. The longest serving directors include Mr Ian Ruddock (Apr 2013) and Mrs Sally Wilson (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Ruddock | England | 59 years | Apr 2013 | - | Director |
| Mrs Sally Wilson | 59 years | Dec 2021 | - | Director | |
| Mrs Sally Wilson | 59 years | Dec 2021 | - | Director |
P&L
April 2023turnover
49.9k
+25%
operating profit
820
0%
gross margin
26.1%
+4.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-259
-0.7%
total assets
10.1k
+0.98%
cash
0
0%
net assets
Total assets minus all liabilities
sum finance limited company details
company number
08501132
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
April 2013
age
11
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
victoria house, stanbridge park, staplefield lan, haywards heath, west sussex, RH17 6AS
accountant
CARTER NICHOLLS LTD
auditor
-
sum finance 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 sum finance limited.
sum finance limited Companies House Filings - See Documents
| date | description | view/download |
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