sky healing ltd
sky healing ltd Company Information
Company Number
08760567
Next Accounts
Dec 2025
Industry
Other human health activities
Shareholders
neelam bala
aman deepak doggar
Group Structure
View All
Contact
Registered Address
240 grove lane, handsworth, birmingham, B20 2EY
Website
yinyangpalace.comsky healing ltd Estimated Valuation
Pomanda estimates the enterprise value of SKY HEALING LTD at £72.5k based on a Turnover of £164k and 0.44x industry multiple (adjusted for size and gross margin).
sky healing ltd Estimated Valuation
Pomanda estimates the enterprise value of SKY HEALING LTD at £0 based on an EBITDA of £-11.7k and a 3.36x industry multiple (adjusted for size and gross margin).
sky healing ltd Estimated Valuation
Pomanda estimates the enterprise value of SKY HEALING LTD at £0 based on Net Assets of £-70.8k and 2.49x industry multiple (adjusted for liquidity).
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Sky Healing Ltd Overview
Sky Healing Ltd is a live company located in birmingham, B20 2EY with a Companies House number of 08760567. It operates in the other human health activities sector, SIC Code 86900. Founded in November 2013, it's largest shareholder is neelam bala with a 50% stake. Sky Healing Ltd is a established, micro sized company, Pomanda has estimated its turnover at £164k with high growth in recent years.
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Sky Healing Ltd Health Check
Pomanda's financial health check has awarded Sky Healing Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £164k, make it smaller than the average company (£727.5k)
- Sky Healing Ltd
£727.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (7.2%)
- Sky Healing Ltd
7.2% - Industry AVG
Production
with a gross margin of 22.3%, this company has a higher cost of product (38.5%)
- Sky Healing Ltd
38.5% - Industry AVG
Profitability
an operating margin of -8.1% make it less profitable than the average company (5.1%)
- Sky Healing Ltd
5.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (18)
3 - Sky Healing Ltd
18 - Industry AVG
Pay Structure
on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)
- Sky Healing Ltd
£26.4k - Industry AVG
Efficiency
resulting in sales per employee of £54.7k, this is more efficient (£45.4k)
- Sky Healing Ltd
£45.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sky Healing Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 225 days, this is slower than average (18 days)
- Sky Healing Ltd
18 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is in line with average (13 days)
- Sky Healing Ltd
13 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sky Healing Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 756.6%, this is a higher level of debt than the average (22%)
756.6% - Sky Healing Ltd
22% - Industry AVG
SKY HEALING LTD financials
Sky Healing Ltd's latest turnover from March 2024 is estimated at £164 thousand and the company has net assets of -£70.8 thousand. According to their latest financial statements, Sky Healing Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 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 | 3 | 2 | 2 | 2 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,144 | 1,126 | 1,408 | 1,760 | 2,200 | 2,750 | 3,138 | 3,922 | 695 | 695 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 6,144 | 1,126 | 1,408 | 1,760 | 2,200 | 2,750 | 3,138 | 3,922 | 695 | 695 | 0 |
| Stock & work in progress | 4,633 | 4,700 | 4,735 | 4,860 | 4,525 | 5,120 | 4,270 | 3,020 | 845 | 590 | 0 |
| Trade Debtors | 0 | 0 | 0 | 397 | 0 | 0 | 0 | 238 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 567 | 185 | 423 | 0 | 0 | 0 |
| Cash | 0 | 1,138 | 571 | 0 | 0 | 0 | 0 | 7,062 | 0 | 6 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,633 | 5,838 | 5,306 | 5,257 | 4,525 | 5,687 | 4,455 | 10,743 | 845 | 596 | 0 |
| total assets | 10,777 | 6,964 | 6,714 | 7,017 | 6,725 | 8,437 | 7,593 | 14,665 | 1,540 | 1,291 | 0 |
| Bank overdraft | 2,655 | 0 | 0 | 2,185 | 2,260 | 2,358 | 1,075 | 0 | 730 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 78,878 | 64,338 | 68,583 | 63,980 | 58,751 | 916 | 63 | 209 | 0 | 7,018 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 58,445 | 48,131 | 40,942 | 14,603 | 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 | 0 | 0 | 0 | 0 | 0 | 1,200 | 2,657 | 1,420 | 860 | 0 | 0 |
| total current liabilities | 81,533 | 64,338 | 68,583 | 66,165 | 61,011 | 62,919 | 51,926 | 42,571 | 16,193 | 7,018 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 81,533 | 64,338 | 68,583 | 66,165 | 61,011 | 62,919 | 51,926 | 42,571 | 16,193 | 7,018 | 0 |
| net assets | -70,756 | -57,374 | -61,869 | -59,148 | -54,286 | -54,482 | -44,333 | -27,906 | -14,653 | -5,727 | 0 |
| total shareholders funds | -70,756 | -57,374 | -61,869 | -59,148 | -54,286 | -54,482 | -44,333 | -27,906 | -14,653 | -5,727 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 1,536 | 282 | 352 | 440 | 688 | 980 | 0 | 174 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||
| Stock | -67 | -35 | -125 | 335 | -595 | 850 | 1,250 | 2,175 | 255 | 590 | 0 |
| Debtors | 0 | 0 | -397 | 397 | -567 | 382 | -476 | 661 | 0 | 0 | 0 |
| Creditors | 14,540 | -4,245 | 4,603 | 5,229 | 57,835 | 853 | -146 | 209 | -7,018 | 7,018 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -1,200 | -1,457 | 1,237 | 560 | 860 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -58,445 | 10,314 | 7,189 | 26,339 | 14,603 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -1,138 | 567 | 571 | 0 | 0 | 0 | -7,062 | 7,062 | -6 | 6 | 0 |
| overdraft | 2,655 | 0 | -2,185 | -75 | -98 | 1,283 | 1,075 | -730 | 730 | 0 | 0 |
| change in cash | -3,793 | 567 | 2,756 | 75 | 98 | -1,283 | -8,137 | 7,792 | -736 | 6 | 0 |
sky healing ltd Credit Report and Business Information
Sky Healing Ltd Competitor Analysis
Perform a competitor analysis for sky healing ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in B20 area or any other competitors across 12 key performance metrics.
sky healing ltd Ownership
SKY HEALING LTD group structure
Sky Healing Ltd has 1 subsidiary company.
Ultimate parent company
SKY HEALING LTD
08760567
1 subsidiary
sky healing ltd directors
Sky Healing Ltd currently has 2 directors. The longest serving directors include Mr Aman Doggar (Nov 2013) and Mr Sanjay Badhan (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aman Doggar | England | 36 years | Nov 2013 | - | Director |
| Mr Sanjay Badhan | 35 years | Jan 2017 | - | Director |
P&L
March 2024turnover
164k
+36%
operating profit
-13.3k
0%
gross margin
22.3%
+3.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-70.8k
+0.23%
total assets
10.8k
+0.55%
cash
0
-1%
net assets
Total assets minus all liabilities
sky healing ltd company details
company number
08760567
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
November 2013
age
12
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
sky chinese medicine ltd (July 2023)
yin yang palace ltd. (June 2021)
accountant
RAGAVAN AND CO LTD
auditor
-
address
240 grove lane, handsworth, birmingham, B20 2EY
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
sky healing 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 did not find charges/mortgages relating to sky healing ltd.
sky healing 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.
Click to start generating capital raising & share issue transactions for SKY HEALING LTD. This can take several minutes, an email will notify you when this has completed.
sky healing ltd Companies House Filings - See Documents
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