unit 4 95-103 broughton lane, salford, manchester, M7 1UH
Website
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skytex (uk) limitedEstimated Valuation
£185.7k
Pomanda estimates the enterprise value of SKYTEX (UK) LIMITED at £185.7k based on a Turnover of £467.2k and 0.4x industry multiple (adjusted for size and gross margin).
skytex (uk) limitedEstimated Valuation
£51.1k
Pomanda estimates the enterprise value of SKYTEX (UK) LIMITED at £51.1k based on an EBITDA of £13.8k and a 3.7x industry multiple (adjusted for size and gross margin).
skytex (uk) limitedEstimated Valuation
£65.5k
Pomanda estimates the enterprise value of SKYTEX (UK) LIMITED at £65.5k based on Net Assets of £32.1k and 2.04x industry multiple (adjusted for liquidity).
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Skytex (uk) LimitedOverview
Skytex (uk) Limited is a live company located in manchester, M7 1UH with a Companies House number of 08598228. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in July 2013, it's largest shareholder is
mahesh jain
with a 100% stake. Skytex (uk) Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£467.2k with
high
growth in recent years.
Pomanda's financial health check has awarded Skytex (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £467.2k, make it smaller than the average company (£15.8m)
£467.2k - Skytex (uk) Limited
£15.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (4.6%)
18% - Skytex (uk) Limited
4.6% - Industry AVG
Production
with a gross margin of 31%, this company has a comparable cost of product (31%)
31% - Skytex (uk) Limited
31% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (4.5%)
2.9% - Skytex (uk) Limited
4.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (47)
2 - Skytex (uk) Limited
47 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
£37.3k - Skytex (uk) Limited
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £233.6k, this is less efficient (£322.7k)
£233.6k - Skytex (uk) Limited
£322.7k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (40 days)
16 days - Skytex (uk) Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 148 days, this is slower than average (36 days)
148 days - Skytex (uk) Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 142 days, this is in line with average (135 days)
142 days - Skytex (uk) Limited
135 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is more cash available to meet short term requirements (11 weeks)
16 weeks - Skytex (uk) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.2%, this is a higher level of debt than the average (58.5%)
85.2% - Skytex (uk) Limited
58.5% - Industry AVG
SKYTEX (UK) LIMITED financials
EXPORT
Skytex (Uk) Limited's latest turnover from September 2023 is estimated at £467.2 thousand and the company has net assets of £32.1 thousand. According to their latest financial statements, Skytex (Uk) Limited has 2 employees and maintains cash reserves of £45.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Turnover
467,189
322,531
203,498
286,246
149,087
224,556
206,071
80,401
258,545
239,563
Other Income Or Grants
Cost Of Sales
322,175
220,780
139,147
199,281
102,768
158,352
144,638
56,696
182,385
165,524
Gross Profit
145,014
101,751
64,351
86,965
46,319
66,204
61,433
23,705
76,161
74,039
Admin Expenses
131,220
96,137
57,679
76,755
44,507
64,347
58,604
22,900
74,203
69,326
Operating Profit
13,794
5,614
6,672
10,210
1,812
1,857
2,829
805
1,958
4,713
Interest Payable
4,539
3,793
3,047
1,610
56
270
250
Interest Receivable
2,270
1,021
55
40
110
136
50
29
49
23
Pre-Tax Profit
11,525
2,842
3,680
8,640
1,867
1,723
2,628
834
2,008
4,735
Tax
-2,881
-540
-699
-1,642
-355
-327
-499
-167
-401
-994
Profit After Tax
8,644
2,302
2,981
6,998
1,512
1,396
2,129
667
1,606
3,741
Dividends Paid
Retained Profit
8,644
2,302
2,981
6,998
1,512
1,396
2,129
667
1,606
3,741
Employee Costs
74,644
73,917
70,535
66,897
35,258
66,598
63,383
31,015
31,207
29,746
Number Of Employees
2
2
2
2
1
2
2
1
1
1
EBITDA*
13,794
5,614
6,672
10,210
1,812
1,857
2,829
805
1,958
4,713
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
125,468
52,962
52,160
49,970
55,891
41,980
40,789
25,500
42,750
27,250
Trade Debtors
20,663
31,480
9,821
12,539
1,252
1,557
1,666
6,421
20,887
21,801
Group Debtors
Misc Debtors
24,852
2,162
2,162
8,834
Cash
45,794
40,698
50,060
60,617
20,040
9,418
26,924
12,720
10,594
9,053
misc current assets
806
total current assets
216,777
127,302
114,203
131,960
77,183
52,955
69,379
45,447
74,231
58,104
total assets
216,777
127,302
114,203
131,960
77,183
52,955
69,379
45,447
74,231
58,104
Bank overdraft
142
449
1,150
1,652
Bank loan
Trade Creditors
131,269
45,399
18,401
53,283
50,424
28,598
31,185
18,449
68,784
54,263
Group/Directors Accounts
16,632
9,682
2,523
18,770
15,394
other short term finances
8,000
hp & lease commitments
other current liabilities
15,932
15,273
9,289
9,378
4,274
4,257
3,181
5,490
total current liabilities
147,201
60,814
44,771
63,811
66,032
35,378
61,136
39,333
68,784
54,263
loans
37,500
43,056
48,302
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
7,938
provisions
total long term liabilities
37,500
43,056
48,302
50,000
7,938
total liabilities
184,701
103,870
93,073
113,811
66,032
43,316
61,136
39,333
68,784
54,263
net assets
32,076
23,432
21,130
18,149
11,151
9,639
8,243
6,114
5,447
3,841
total shareholders funds
32,076
23,432
21,130
18,149
11,151
9,639
8,243
6,114
5,447
3,841
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Operating Activities
Operating Profit
13,794
5,614
6,672
10,210
1,812
1,857
2,829
805
1,958
4,713
Depreciation
Amortisation
Tax
-2,881
-540
-699
-1,642
-355
-327
-499
-167
-401
-994
Stock
72,506
802
2,190
-5,921
13,911
1,191
15,289
-17,250
15,500
27,250
Debtors
11,873
21,659
-9,390
20,121
-305
-109
-4,755
-14,466
-914
21,801
Creditors
85,870
26,998
-34,882
2,859
21,826
-2,587
12,736
-50,335
14,521
54,263
Accruals and Deferred Income
659
5,984
-89
5,104
17
1,076
-2,309
5,490
Deferred Taxes & Provisions
Cash flow from operations
13,063
15,595
-21,798
2,331
9,694
-1,063
2,223
-12,491
1,492
8,931
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-16,632
16,632
-9,682
7,159
-16,247
3,376
15,394
Other Short Term Loans
-8,000
8,000
Long term loans
-5,556
-5,246
-1,698
50,000
Hire Purchase and Lease Commitments
other long term liabilities
-7,938
7,938
share issue
100
interest
-2,269
-2,772
-2,992
-1,570
54
-134
-200
29
49
23
cash flow from financing
-7,825
-24,650
11,942
38,748
-725
-16,443
11,176
15,423
49
123
cash and cash equivalents
cash
5,096
-9,362
-10,557
40,577
10,622
-17,506
14,204
2,126
1,541
9,053
overdraft
-142
-307
-701
-502
1,652
change in cash
5,238
-9,055
-9,856
41,079
8,970
-17,506
14,204
2,126
1,541
9,053
skytex (uk) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for skytex (uk) limited. Get real-time insights into skytex (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for skytex (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in M 7 area or any other competitors across 12 key performance metrics.
skytex (uk) limited Ownership
SKYTEX (UK) LIMITED group structure
Skytex (Uk) Limited has no subsidiary companies.
Ultimate parent company
SKYTEX (UK) LIMITED
08598228
SKYTEX (UK) LIMITED Shareholders
The sole shareholder of Skytex (Uk) Limited is Mahesh Jain.
mahesh jain
100%
skytex (uk) limited directors
Skytex (Uk) Limited currently has 1 director, Mr Mahesh Jain serving since Jul 2013.
unit 4 95-103 broughton lane, salford, manchester, M7 1UH
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skytex (uk) 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 skytex (uk) limited.
skytex (uk) limited Capital Raised & Share Issues BETA
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skytex (uk) limitedCompanies House Filings - See Documents
