seenit digital limited
seenit digital limited Company Information
Company Number
08838909
Website
www.seenit.ioRegistered Address
3rd floor, 150 buckingham palace road, london, SW1W 9TR
Industry
Video production activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
emily forbes 46.1%
mainspring nominees (8) limited 8.9%
View Allseenit digital limited Estimated Valuation
Pomanda estimates the enterprise value of SEENIT DIGITAL LIMITED at £1.4m based on a Turnover of £2.8m and 0.52x industry multiple (adjusted for size and gross margin).
seenit digital limited Estimated Valuation
Pomanda estimates the enterprise value of SEENIT DIGITAL LIMITED at £0 based on an EBITDA of £-412.2k and a 2.62x industry multiple (adjusted for size and gross margin).
seenit digital limited Estimated Valuation
Pomanda estimates the enterprise value of SEENIT DIGITAL LIMITED at £0 based on Net Assets of £-786.7k and 1.47x industry multiple (adjusted for liquidity).
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Seenit Digital Limited Overview
Seenit Digital Limited is a live company located in london, SW1W 9TR with a Companies House number of 08838909. It operates in the video production activities sector, SIC Code 59112. Founded in January 2014, it's largest shareholder is emily forbes with a 46.1% stake. Seenit Digital Limited is a established, small sized company, Pomanda has estimated its turnover at £2.8m with low growth in recent years.
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Seenit Digital Limited Health Check
Pomanda's financial health check has awarded Seenit Digital Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £2.8m, make it larger than the average company (£142.8k)
- Seenit Digital Limited
£142.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (11%)
- Seenit Digital Limited
11% - Industry AVG
Production
with a gross margin of 51.2%, this company has a comparable cost of product (51.2%)
- Seenit Digital Limited
51.2% - Industry AVG
Profitability
an operating margin of -15% make it less profitable than the average company (8.3%)
- Seenit Digital Limited
8.3% - Industry AVG
Employees
with 31 employees, this is above the industry average (2)
31 - Seenit Digital Limited
2 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)
- Seenit Digital Limited
£24.8k - Industry AVG
Efficiency
resulting in sales per employee of £89k, this is more efficient (£72.7k)
- Seenit Digital Limited
£72.7k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (53 days)
- Seenit Digital Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (43 days)
- Seenit Digital Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Seenit Digital Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (27 weeks)
13 weeks - Seenit Digital Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 158.4%, this is a higher level of debt than the average (74.4%)
158.4% - Seenit Digital Limited
74.4% - Industry AVG
SEENIT DIGITAL LIMITED financials
Seenit Digital Limited's latest turnover from January 2023 is estimated at £2.8 million and the company has net assets of -£786.7 thousand. According to their latest financial statements, Seenit Digital Limited has 31 employees and maintains cash reserves of £540.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 31 | 27 | 24 | 22 | 26 | 27 | 23 | 23 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 3,112 | 4,195 | 6,731 | 21,203 | 39,623 | 27,676 | 3,936 | 1,513 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 3,112 | 4,195 | 6,731 | 21,203 | 39,623 | 27,676 | 3,936 | 1,513 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 578,491 | 1,030,382 | 346,645 | 512,769 | 744,259 | 237,670 | 302,059 | 109,532 | 62,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 227,684 | 111,300 | 18,917 | 222,321 | 282,871 | 879,889 | 104,645 | 135,301 | 0 |
| Cash | 540,298 | 691,712 | 605,014 | 497,277 | 734,238 | 1,268,426 | 510,742 | 118,733 | 88,916 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,346,473 | 1,833,394 | 970,576 | 1,232,367 | 1,761,368 | 2,385,985 | 917,446 | 363,566 | 150,916 |
| total assets | 1,346,473 | 1,836,506 | 974,771 | 1,239,098 | 1,782,571 | 2,425,608 | 945,122 | 367,502 | 152,429 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,100 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 123,068 | 80,753 | 54,410 | 68,909 | 60,210 | 88,444 | 35,492 | 53,551 | 73,182 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,973,466 | 2,102,114 | 1,280,975 | 1,238,189 | 1,454,453 | 858,539 | 409,585 | 112,014 | 0 |
| total current liabilities | 2,096,534 | 2,182,867 | 1,335,385 | 1,307,098 | 1,514,663 | 946,983 | 445,077 | 184,665 | 73,182 |
| loans | 36,681 | 46,451 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,100 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 36,681 | 46,451 | 50,000 | 0 | 0 | 0 | 0 | 0 | 19,100 |
| total liabilities | 2,133,215 | 2,229,318 | 1,385,385 | 1,307,098 | 1,514,663 | 946,983 | 445,077 | 184,665 | 92,282 |
| net assets | -786,742 | -392,812 | -410,614 | -68,000 | 267,908 | 1,478,625 | 500,045 | 182,837 | 60,147 |
| total shareholders funds | -786,742 | -392,812 | -410,614 | -68,000 | 267,908 | 1,478,625 | 500,045 | 182,837 | 60,147 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 3,112 | 1,082 | 6,921 | 17,031 | 21,543 | 5,819 | 1,983 | 669 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -335,507 | 776,120 | -369,528 | -292,040 | -90,429 | 710,855 | 161,871 | 182,833 | 62,000 |
| Creditors | 42,315 | 26,343 | -14,499 | 8,699 | -28,234 | 52,952 | -18,059 | -19,631 | 73,182 |
| Accruals and Deferred Income | -128,648 | 821,139 | 42,786 | -216,264 | 595,914 | 448,954 | 297,571 | 112,014 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,770 | -3,549 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,100 | 19,100 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -151,414 | 86,698 | 107,737 | -236,961 | -534,188 | 757,684 | 392,009 | 29,817 | 88,916 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -19,100 | 19,100 | 0 |
| change in cash | -151,414 | 86,698 | 107,737 | -236,961 | -534,188 | 757,684 | 411,109 | 10,717 | 88,916 |
seenit digital limited Credit Report and Business Information
Seenit Digital Limited Competitor Analysis
Perform a competitor analysis for seenit digital limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
seenit digital limited Ownership
SEENIT DIGITAL LIMITED group structure
Seenit Digital Limited has no subsidiary companies.
Ultimate parent company
SEENIT DIGITAL LIMITED
08838909
seenit digital limited directors
Seenit Digital Limited currently has 5 directors. The longest serving directors include Ms Emily Forbes (Jan 2014) and Mr Stephen Parish (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Emily Forbes | England | 37 years | Jan 2014 | - | Director |
| Mr Stephen Parish | England | 58 years | Jan 2015 | - | Director |
| Mrs Judy Welch | England | 72 years | Oct 2017 | - | Director |
| Ms Rosemary Lewis | United Kingdom | 57 years | Oct 2018 | - | Director |
| Mr George Barlow | England | 33 years | Jan 2021 | - | Director |
P&L
January 2023turnover
2.8m
-31%
operating profit
-415.3k
0%
gross margin
51.3%
+28.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-786.7k
+1%
total assets
1.3m
-0.27%
cash
540.3k
-0.22%
net assets
Total assets minus all liabilities
seenit digital limited company details
company number
08838909
Type
Private limited with Share Capital
industry
59112 - Video production activities
incorporation date
January 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
3rd floor, 150 buckingham palace road, london, SW1W 9TR
last accounts submitted
January 2023
seenit digital 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 seenit digital limited.
seenit digital limited Companies House Filings - See Documents
| date | description | view/download |
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