straight eight international ltd
straight eight international ltd Company Information
Company Number
08710929
Next Accounts
108 days late
Directors
Shareholders
kyriacos kimitri
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
royal chambers, 16-18 south parade, weston-super-mare, BS23 1JN
Website
www.straighteight.comstraight eight international ltd Estimated Valuation
Pomanda estimates the enterprise value of STRAIGHT EIGHT INTERNATIONAL LTD at £56.5k based on a Turnover of £117.9k and 0.48x industry multiple (adjusted for size and gross margin).
straight eight international ltd Estimated Valuation
Pomanda estimates the enterprise value of STRAIGHT EIGHT INTERNATIONAL LTD at £88.8k based on an EBITDA of £21.5k and a 4.13x industry multiple (adjusted for size and gross margin).
straight eight international ltd Estimated Valuation
Pomanda estimates the enterprise value of STRAIGHT EIGHT INTERNATIONAL LTD at £665.3k based on Net Assets of £254.9k and 2.61x industry multiple (adjusted for liquidity).
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Straight Eight International Ltd Overview
Straight Eight International Ltd is a live company located in weston-super-mare, BS23 1JN with a Companies House number of 08710929. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in September 2013, it's largest shareholder is kyriacos kimitri with a 100% stake. Straight Eight International Ltd is a established, micro sized company, Pomanda has estimated its turnover at £117.9k with declining growth in recent years.
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Straight Eight International Ltd Health Check
Pomanda's financial health check has awarded Straight Eight International Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £117.9k, make it smaller than the average company (£450.3k)
- Straight Eight International Ltd
£450.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -84%, show it is growing at a slower rate (6%)
- Straight Eight International Ltd
6% - Industry AVG
Production
with a gross margin of 57.7%, this company has a comparable cost of product (57.7%)
- Straight Eight International Ltd
57.7% - Industry AVG
Profitability
an operating margin of 18.3% make it more profitable than the average company (8.7%)
- Straight Eight International Ltd
8.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Straight Eight International Ltd
5 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Straight Eight International Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £117.9k, this is equally as efficient (£117.9k)
- Straight Eight International Ltd
£117.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Straight Eight International Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Straight Eight International Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Straight Eight International Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Straight Eight International Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.6%, this is a higher level of debt than the average (54.7%)
94.6% - Straight Eight International Ltd
54.7% - Industry AVG
STRAIGHT EIGHT INTERNATIONAL LTD financials
Straight Eight International Ltd's latest turnover from March 2023 is estimated at £117.9 thousand and the company has net assets of £254.9 thousand. According to their latest financial statements, Straight Eight International Ltd has 1 employee and maintains cash reserves of £7.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 106,140 | ||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | 15,028 | ||||||||
| Interest Payable | 3,996 | ||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 11,032 | ||||||||
| Tax | -3,005 | ||||||||
| Profit After Tax | 8,027 | ||||||||
| Dividends Paid | |||||||||
| Retained Profit | 8,027 | ||||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | ||||||
| EBITDA* | 15,028 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 5,530,944 | 3,067,510 | 132,567 | 92,211 | 15,004 | ||||
| Group Debtors | |||||||||
| Misc Debtors | 4,689,977 | 4,700,522 | 5,292,943 | 60,867 | 59,680 | 18,758 | 6,992 | ||
| Cash | 7,664 | 6,270 | 92,540 | 29,869 | 802 | 14,166 | 1,348 | ||
| misc current assets | 1 | 703 | 18,250 | ||||||
| total current assets | 4,697,642 | 4,707,495 | 5,385,483 | 5,591,811 | 3,127,190 | 162,436 | 111,263 | 32,924 | 23,344 |
| total assets | 4,697,642 | 4,707,495 | 5,385,483 | 5,591,811 | 3,127,190 | 162,436 | 111,263 | 32,924 | 23,344 |
| Bank overdraft | 6,204 | 6,204 | |||||||
| Bank loan | |||||||||
| Trade Creditors | 33,250 | 5,428,174 | 3,004,515 | 59,866 | 20,527 | 11,147 | |||
| Group/Directors Accounts | 7,492 | ||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 4,396,955 | 4,417,367 | 5,168,341 | 9,733 | |||||
| total current liabilities | 4,403,159 | 4,423,571 | 5,201,591 | 5,428,174 | 3,004,515 | 59,866 | 20,527 | 17,225 | 11,147 |
| loans | 39,593 | 42,761 | 50,000 | ||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 4,000 | 2,000 | 3,160 | 17,520 | |||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 39,593 | 42,761 | 50,000 | 4,000 | 2,000 | 3,160 | 17,520 | ||
| total liabilities | 4,442,752 | 4,466,332 | 5,251,591 | 5,432,174 | 3,006,515 | 63,026 | 38,047 | 17,225 | 11,147 |
| net assets | 254,890 | 241,163 | 133,892 | 159,637 | 120,675 | 99,410 | 73,216 | 15,699 | 12,197 |
| total shareholders funds | 254,890 | 241,163 | 133,892 | 159,637 | 120,675 | 99,410 | 73,216 | 15,699 | 12,197 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 15,028 | ||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -3,005 | ||||||||
| Stock | |||||||||
| Debtors | -10,545 | -592,421 | -298,868 | 2,464,621 | 2,994,623 | 40,356 | 73,453 | -3,238 | 21,996 |
| Creditors | -33,250 | -5,394,924 | 2,423,659 | 2,944,649 | 39,339 | 20,527 | -11,147 | 11,147 | |
| Accruals and Deferred Income | -20,412 | -750,974 | 5,164,341 | 2,000 | -1,160 | -14,360 | 7,787 | 9,733 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 13,847 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -7,492 | 7,492 | |||||||
| Other Short Term Loans | |||||||||
| Long term loans | -3,168 | -7,239 | 50,000 | ||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -3,996 | ||||||||
| cash flow from financing | -1,029 | ||||||||
| cash and cash equivalents | |||||||||
| cash | 1,394 | -86,270 | 92,540 | -29,869 | 29,067 | -13,364 | 12,818 | 1,348 | |
| overdraft | 6,204 | ||||||||
| change in cash | 1,394 | -92,474 | 92,540 | -29,869 | 29,067 | -13,364 | 12,818 | 1,348 |
straight eight international ltd Credit Report and Business Information
Straight Eight International Ltd Competitor Analysis
Perform a competitor analysis for straight eight international ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BS23 area or any other competitors across 12 key performance metrics.
straight eight international ltd Ownership
STRAIGHT EIGHT INTERNATIONAL LTD group structure
Straight Eight International Ltd has no subsidiary companies.
Ultimate parent company
STRAIGHT EIGHT INTERNATIONAL LTD
08710929
straight eight international ltd directors
Straight Eight International Ltd currently has 1 director, Mr Kyriacos Kimitri serving since Sep 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kyriacos Kimitri | England | 61 years | Sep 2013 | - | Director |
P&L
March 2023turnover
117.9k
+8%
operating profit
21.5k
0%
gross margin
57.8%
-3.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
254.9k
+0.06%
total assets
4.7m
0%
cash
7.7k
+0.22%
net assets
Total assets minus all liabilities
straight eight international ltd company details
company number
08710929
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
September 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
straight eight internationail ltd (March 2019)
accountant
RANDALL ROBINSON
auditor
-
address
royal chambers, 16-18 south parade, weston-super-mare, BS23 1JN
Bank
-
Legal Advisor
-
straight eight international 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 straight eight international ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
straight eight international 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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straight eight international ltd Companies House Filings - See Documents
| date | description | view/download |
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