sykes letting solutions limited Company Information
Company Number
08545249
Website
-Registered Address
the white house rareridge lane, bishops waltham, hampshire, SO32 1DX
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
jacob thane thomas sykes 25%
carl david sykes 25%
View Allsykes letting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SYKES LETTING SOLUTIONS LIMITED at £418.5k based on a Turnover of £130k and 3.22x industry multiple (adjusted for size and gross margin).
sykes letting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SYKES LETTING SOLUTIONS LIMITED at £502.3k based on an EBITDA of £68.3k and a 7.35x industry multiple (adjusted for size and gross margin).
sykes letting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SYKES LETTING SOLUTIONS LIMITED at £981.6k based on Net Assets of £605.9k and 1.62x industry multiple (adjusted for liquidity).
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Sykes Letting Solutions Limited Overview
Sykes Letting Solutions Limited is a live company located in hampshire, SO32 1DX with a Companies House number of 08545249. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2013, it's largest shareholder is jacob thane thomas sykes with a 25% stake. Sykes Letting Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £130k with unknown growth in recent years.
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Sykes Letting Solutions Limited Health Check
Pomanda's financial health check has awarded Sykes Letting Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £130k, make it smaller than the average company (£891.2k)
- Sykes Letting Solutions Limited
£891.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sykes Letting Solutions Limited
- - Industry AVG
Production
with a gross margin of 78.9%, this company has a comparable cost of product (78.9%)
- Sykes Letting Solutions Limited
78.9% - Industry AVG
Profitability
an operating margin of 50.2% make it more profitable than the average company (32.6%)
- Sykes Letting Solutions Limited
32.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Sykes Letting Solutions Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Sykes Letting Solutions Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £130k, this is less efficient (£177.5k)
- Sykes Letting Solutions Limited
£177.5k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (29 days)
- Sykes Letting Solutions Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 183 days, this is slower than average (38 days)
- Sykes Letting Solutions Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sykes Letting Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Sykes Letting Solutions Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.2%, this is a similar level of debt than the average (62.5%)
57.2% - Sykes Letting Solutions Limited
62.5% - Industry AVG
SYKES LETTING SOLUTIONS LIMITED financials
Sykes Letting Solutions Limited's latest turnover from March 2024 is estimated at £130 thousand and the company has net assets of £605.9 thousand. According to their latest financial statements, we estimate that Sykes Letting Solutions Limited has 1 employee and maintains cash reserves of £18.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 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 | |||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 18,474 | 17,306 | 18,586 | 11,072 | 938 | 1,104 | 215,449 | 220,410 | 224,618 | 229,528 | 234,146 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 1,365,000 | 1,375,000 | 1,375,000 | 927,761 | 325,000 | 236,619 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,383,474 | 1,392,306 | 1,393,586 | 938,833 | 325,938 | 237,723 | 215,449 | 220,410 | 224,618 | 229,528 | 234,146 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 14,240 | 1,617 | 1,798 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 4,437 | 11,020 | 5,713 | 0 | 0 | 0 | 0 | 350 | 0 | 0 |
Cash | 18,848 | 12,712 | 5,399 | 4,720 | 3,724 | 1,853 | 2,520 | 4,140 | 1,774 | 2,882 | 1,465 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 33,088 | 18,766 | 18,217 | 10,433 | 3,724 | 1,853 | 2,520 | 4,140 | 2,124 | 2,882 | 1,465 |
total assets | 1,416,562 | 1,411,072 | 1,411,803 | 949,266 | 329,662 | 239,576 | 217,969 | 224,550 | 226,742 | 232,410 | 235,611 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 3,428 | 3,026 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 1,885 | 2,658 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 13,795 | 9,077 | 5,728 | 0 | 0 | 0 | 0 | 0 | 0 | 16,548 | 13,779 |
Group/Directors Accounts | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 340,512 | 337,742 | 333,501 | 231,243 | 4,208 | 6,011 | 9,321 | 8,766 | 18,162 | 0 | 0 |
total current liabilities | 354,307 | 346,819 | 339,229 | 231,243 | 6,093 | 8,669 | 12,749 | 11,792 | 18,162 | 16,548 | 13,779 |
loans | 297,831 | 321,924 | 396,773 | 396,773 | 63,885 | 69,153 | 74,085 | 90,402 | 95,743 | 130,743 | 175,743 |
hp & lease commitments | 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 |
other liabilities | 66,000 | 66,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 92,486 | 94,407 | 94,407 | 20,239 | 11,001 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 456,317 | 482,331 | 491,180 | 417,012 | 74,886 | 69,153 | 74,085 | 90,402 | 95,743 | 130,743 | 175,743 |
total liabilities | 810,624 | 829,150 | 830,409 | 648,255 | 80,979 | 77,822 | 86,834 | 102,194 | 113,905 | 147,291 | 189,522 |
net assets | 605,938 | 581,922 | 581,394 | 301,011 | 248,683 | 161,754 | 131,135 | 122,356 | 112,837 | 85,119 | 46,089 |
total shareholders funds | 605,938 | 581,922 | 581,394 | 301,011 | 248,683 | 161,754 | 131,135 | 122,356 | 112,837 | 85,119 | 46,089 |
Mar 2024 | Mar 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 2,986 | 2,370 | 3,079 | 333 | 166 | 195 | 4,961 | 4,980 | 4,910 | 4,917 | 3,621 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 8,186 | -6,764 | 7,105 | 5,713 | 0 | 0 | 0 | -350 | 350 | 0 | 0 |
Creditors | 4,718 | 3,349 | 5,728 | 0 | 0 | 0 | 0 | 0 | -16,548 | 2,769 | 13,779 |
Accruals and Deferred Income | 2,770 | 4,241 | 102,258 | 227,035 | -1,803 | -3,310 | 555 | -9,396 | 18,162 | 0 | 0 |
Deferred Taxes & Provisions | -1,921 | 0 | 74,168 | 9,238 | 11,001 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | -10,000 | 0 | 447,239 | 602,761 | 88,381 | 236,619 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||
Financing Activities | |||||||||||
Bank loans | 0 | 0 | 0 | -1,885 | -773 | 2,658 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 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 |
Long term loans | -24,093 | -74,849 | 0 | 332,888 | -5,268 | -4,932 | -16,317 | -5,341 | -35,000 | -45,000 | 175,743 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 66,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | 6,136 | 7,313 | 679 | 996 | 1,871 | -667 | -1,620 | 2,366 | -1,108 | 1,417 | 1,465 |
overdraft | 0 | 0 | 0 | 0 | 0 | -3,428 | 402 | 3,026 | 0 | 0 | 0 |
change in cash | 6,136 | 7,313 | 679 | 996 | 1,871 | 2,761 | -2,022 | -660 | -1,108 | 1,417 | 1,465 |
sykes letting solutions limited Credit Report and Business Information
Sykes Letting Solutions Limited Competitor Analysis
Perform a competitor analysis for sykes letting solutions limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SO32 area or any other competitors across 12 key performance metrics.
sykes letting solutions limited Ownership
SYKES LETTING SOLUTIONS LIMITED group structure
Sykes Letting Solutions Limited has no subsidiary companies.
Ultimate parent company
SYKES LETTING SOLUTIONS LIMITED
08545249
sykes letting solutions limited directors
Sykes Letting Solutions Limited currently has 2 directors. The longest serving directors include Mrs Colleen Sykes (May 2013) and Mr Carl Sykes (May 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Colleen Sykes | 58 years | May 2013 | - | Director | |
Mr Carl Sykes | England | 54 years | May 2013 | - | Director |
P&L
March 2024turnover
130k
+561%
operating profit
65.3k
0%
gross margin
78.9%
+4.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
605.9k
+0.04%
total assets
1.4m
0%
cash
18.8k
+0.48%
net assets
Total assets minus all liabilities
sykes letting solutions limited company details
company number
08545249
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ROCHES CHARTERED ACCOUNTANTS
auditor
-
address
the white house rareridge lane, bishops waltham, hampshire, SO32 1DX
Bank
-
Legal Advisor
-
sykes letting solutions 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 found 2 charges/mortgages relating to sykes letting solutions limited. Currently there are 2 open charges and 0 have been satisfied in the past.
sykes letting solutions limited Companies House Filings - See Documents
date | description | view/download |
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