sk assets limited
sk assets limited Company Information
Company Number
09074895
Website
www.sktrimsin.comRegistered Address
units 14-18, moor park industrial centre, watford, hertfordshire, WD18 9EZ
Industry
Financial management
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Steven Warr9 Years
Shareholders
steven warr 53.9%
kathryn warr 30.8%
View Allsk assets limited Estimated Valuation
Pomanda estimates the enterprise value of SK ASSETS LIMITED at £3.9m based on a Turnover of £4m and 0.97x industry multiple (adjusted for size and gross margin).
sk assets limited Estimated Valuation
Pomanda estimates the enterprise value of SK ASSETS LIMITED at £8.7m based on an EBITDA of £1.6m and a 5.47x industry multiple (adjusted for size and gross margin).
sk assets limited Estimated Valuation
Pomanda estimates the enterprise value of SK ASSETS LIMITED at £8.4m based on Net Assets of £2.8m and 3.03x industry multiple (adjusted for liquidity).
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Sk Assets Limited Overview
Sk Assets Limited is a live company located in watford, WD18 9EZ with a Companies House number of 09074895. It operates in the financial management sector, SIC Code 70221. Founded in June 2014, it's largest shareholder is steven warr with a 53.8% stake. Sk Assets Limited is a established, small sized company, Pomanda has estimated its turnover at £4m with rapid growth in recent years.
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Sk Assets Limited Health Check
Pomanda's financial health check has awarded Sk Assets Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
1 Weak
Size
annual sales of £4m, make it smaller than the average company (£5.4m)
- Sk Assets Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 135%, show it is growing at a faster rate (6.6%)
- Sk Assets Limited
6.6% - Industry AVG
Production
with a gross margin of 64.5%, this company has a comparable cost of product (64.5%)
- Sk Assets Limited
64.5% - Industry AVG
Profitability
an operating margin of 39.6% make it more profitable than the average company (11.4%)
- Sk Assets Limited
11.4% - Industry AVG
Employees
with 26 employees, this is similar to the industry average (26)
- Sk Assets Limited
26 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Sk Assets Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £154k, this is equally as efficient (£167.7k)
- Sk Assets Limited
£167.7k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (61 days)
- Sk Assets Limited
61 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Sk Assets Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sk Assets Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 88 weeks, this is more cash available to meet short term requirements (21 weeks)
88 weeks - Sk Assets Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.2%, this is a lower level of debt than the average (52.8%)
46.2% - Sk Assets Limited
52.8% - Industry AVG
sk assets limited Credit Report and Business Information
Sk Assets Limited Competitor Analysis
Perform a competitor analysis for sk assets limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
sk assets limited Ownership
SK ASSETS LIMITED group structure
Sk Assets Limited has no subsidiary companies.
Ultimate parent company
SK ASSETS LIMITED
09074895
sk assets limited directors
Sk Assets Limited currently has 1 director, Mr Steven Warr serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Warr | 48 years | Jun 2014 | - | Director |
SK ASSETS LIMITED financials
Sk Assets Limited's latest turnover from January 2023 is estimated at £4 million and the company has net assets of £2.8 million. According to their latest financial statements, we estimate that Sk Assets Limited has 26 employees and maintains cash reserves of £1 million 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 | 2 | 3 | 3 | 4 | 3 | 3 | 2 | ||
| 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 | 12,261 | 14,425 | 16,971 | 25,441 | 30,790 | 27,635 | 1,294,847 | 38,250 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,978,057 | 2,978,057 | 2,231,500 | 2,119,970 | 2,219,970 | 2,102,970 | 1,850,835 | 0 | 0 |
| Debtors (Due After 1 year) | 2,787 | 170,013 | 184,788 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,980,844 | 3,160,331 | 2,430,713 | 2,136,941 | 2,245,411 | 2,133,760 | 1,878,470 | 1,294,847 | 38,250 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 670,656 | 50,957 | 47,668 | 57,928 | 50,233 | 8,470 | 33,834 | 27,355 | 784 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 469,209 | 117,539 | 10,797 | 202,176 | 293,380 | 9,701 | 6,801 | 320 | 0 |
| Cash | 1,034,428 | 524,904 | 397,411 | 162,468 | 60,766 | 30,763 | 26,896 | 168,682 | 98,218 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 601 | 0 |
| total current assets | 2,174,293 | 693,400 | 455,876 | 422,572 | 404,379 | 48,934 | 67,531 | 196,958 | 99,002 |
| total assets | 5,155,137 | 3,853,731 | 2,886,589 | 2,559,513 | 2,649,790 | 2,182,694 | 1,946,001 | 1,491,805 | 137,252 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 85,475 | 0 | 0 |
| Bank loan | 65,184 | 50,085 | 33,965 | 38,574 | 38,194 | 100,550 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,556 | 14,965 | 910 | 768 | 1,096 | 4,452 | 0 | 56,470 |
| 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 | 543,457 | 347,194 | 299,993 | 180,029 | 184,567 | 147,954 | 127,055 | 244,294 | 0 |
| total current liabilities | 608,641 | 398,835 | 348,923 | 219,513 | 223,529 | 249,600 | 216,982 | 244,294 | 56,470 |
| loans | 1,616,493 | 1,696,780 | 1,025,684 | 1,031,019 | 1,070,020 | 919,094 | 803,426 | 884,362 | 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 | 125,240 | 0 | 0 | 0 | 0 |
| provisions | 157,107 | 160,172 | 125,772 | 107,154 | 107,199 | 85,849 | 5,527 | 6,502 | 7,650 |
| total long term liabilities | 1,773,600 | 1,856,952 | 1,151,456 | 1,138,173 | 1,302,459 | 1,004,943 | 808,953 | 890,864 | 7,650 |
| total liabilities | 2,382,241 | 2,255,787 | 1,500,379 | 1,357,686 | 1,525,988 | 1,254,543 | 1,025,935 | 1,135,158 | 64,120 |
| net assets | 2,772,896 | 1,597,944 | 1,386,210 | 1,201,827 | 1,123,802 | 928,151 | 920,066 | 356,647 | 73,132 |
| total shareholders funds | 2,772,896 | 1,597,944 | 1,386,210 | 1,201,827 | 1,123,802 | 928,151 | 920,066 | 356,647 | 73,132 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,839 | 2,164 | 2,546 | 2,995 | 5,349 | 2,433 | 4,877 | 5,738 | 6,750 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 804,143 | 95,256 | -16,851 | -83,509 | 325,442 | -22,464 | 12,960 | 26,891 | 784 |
| Creditors | -1,556 | -13,409 | 14,055 | 142 | -328 | -3,356 | 4,452 | -56,470 | 56,470 |
| Accruals and Deferred Income | 196,263 | 47,201 | 119,964 | -4,538 | 36,613 | 20,899 | -117,239 | 244,294 | 0 |
| Deferred Taxes & Provisions | -3,065 | 34,400 | 18,618 | -45 | 21,350 | 80,322 | -975 | -1,148 | 7,650 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 746,557 | 111,530 | -100,000 | 117,000 | 252,135 | 1,850,835 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 15,099 | 16,120 | -4,609 | 380 | -62,356 | 100,550 | 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 | -80,287 | 671,096 | -5,335 | -39,001 | 150,926 | 115,668 | -80,936 | 884,362 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -125,240 | 125,240 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 509,524 | 127,493 | 234,943 | 101,702 | 30,003 | 3,867 | -141,786 | 70,464 | 98,218 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -85,475 | 85,475 | 0 | 0 |
| change in cash | 509,524 | 127,493 | 234,943 | 101,702 | 30,003 | 89,342 | -227,261 | 70,464 | 98,218 |
P&L
January 2023turnover
4m
+1539%
operating profit
1.6m
0%
gross margin
64.6%
-2.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
2.8m
+0.74%
total assets
5.2m
+0.34%
cash
1m
+0.97%
net assets
Total assets minus all liabilities
Similar Companies
sk assets limited company details
company number
09074895
Type
Private limited with Share Capital
industry
70221 - Financial management
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
June 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
units 14-18, moor park industrial centre, watford, hertfordshire, WD18 9EZ
last accounts submitted
January 2023
sk assets 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 6 charges/mortgages relating to sk assets limited. Currently there are 6 open charges and 0 have been satisfied in the past.
sk assets limited Companies House Filings - See Documents
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