sunlit ltd
sunlit ltd Company Information
Company Number
09088513
Website
www.sunlitstationery.comRegistered Address
c/o opus restructuring llp, 1 radian court, milton keynes, MK5 8PJ
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
huriy ghirmai 50%
yonas semere 50%
sunlit ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNLIT LTD at £87.6k based on a Turnover of £223.2k and 0.39x industry multiple (adjusted for size and gross margin).
sunlit ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNLIT LTD at £0 based on an EBITDA of £-81k and a 3x industry multiple (adjusted for size and gross margin).
sunlit ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNLIT LTD at £0 based on Net Assets of £-450k and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sunlit Ltd Overview
Sunlit Ltd is a dissolved company that was located in milton keynes, MK5 8PJ with a Companies House number of 09088513. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2014, it's largest shareholder was huriy ghirmai with a 50% stake. The last turnover for Sunlit Ltd was estimated at £223.2k.
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Sunlit Ltd Health Check
Pomanda's financial health check has awarded Sunlit Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £223.2k, make it smaller than the average company (£2.6m)
- Sunlit Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (1.3%)
- Sunlit Ltd
1.3% - Industry AVG
Production
with a gross margin of 15.5%, this company has a higher cost of product (36.8%)
- Sunlit Ltd
36.8% - Industry AVG
Profitability
an operating margin of -36.3% make it less profitable than the average company (5.3%)
- Sunlit Ltd
5.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (21)
6 - Sunlit Ltd
21 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
- Sunlit Ltd
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £37.2k, this is less efficient (£123.5k)
- Sunlit Ltd
£123.5k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (42 days)
- Sunlit Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 179 days, this is slower than average (36 days)
- Sunlit Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sunlit Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sunlit Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1586.5%, this is a higher level of debt than the average (64.4%)
1586.5% - Sunlit Ltd
64.4% - Industry AVG
SUNLIT LTD financials
Sunlit Ltd's latest turnover from June 2021 is estimated at £223.2 thousand and the company has net assets of -£450 thousand. According to their latest financial statements, Sunlit Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 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 | 6 | 8 | 13 | 6 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,291 | 15,310 | 38,562 | 50,728 | 37,558 | 27,505 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 11,850 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 18,900 | 0 | 0 |
| Total Fixed Assets | 8,291 | 15,310 | 38,562 | 50,728 | 56,458 | 39,355 | 2 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,982 | 29,310 | 20,264 | 19,344 | 0 | 25,041 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 2,346 | 7,178 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,982 | 29,310 | 20,264 | 19,344 | 2,346 | 32,219 | 0 |
| total assets | 30,273 | 44,620 | 58,826 | 70,072 | 58,804 | 71,574 | 2 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 92,862 | 76,853 | 117,696 | 48,139 | 4,106 | 44,407 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 291,871 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 12,512 | 0 | 0 |
| total current liabilities | 92,862 | 76,853 | 117,696 | 48,139 | 308,489 | 44,407 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 387,419 | 336,782 | 280,670 | 305,564 | 0 | 195,814 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 387,419 | 336,782 | 280,670 | 305,564 | 0 | 195,814 | 0 |
| total liabilities | 480,281 | 413,635 | 398,366 | 353,703 | 308,489 | 240,221 | 0 |
| net assets | -450,008 | -369,015 | -339,540 | -283,631 | -249,685 | -168,647 | 2 |
| total shareholders funds | -450,008 | -369,015 | -339,540 | -283,631 | -249,685 | -168,647 | 2 |
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 12,660 | 7,530 | 0 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,328 | 9,046 | 920 | 444 | -6,141 | 25,041 | 0 |
| Creditors | 16,009 | -40,843 | 69,557 | 44,033 | -40,301 | 44,407 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -12,512 | 12,512 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -2 | 2 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -291,871 | 291,871 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 50,637 | 56,112 | -24,894 | 305,564 | -195,814 | 195,814 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | -2,346 | -4,832 | 7,178 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -2,346 | -4,832 | 7,178 | 0 |
sunlit ltd Credit Report and Business Information
Sunlit Ltd Competitor Analysis
Perform a competitor analysis for sunlit ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in MK5 area or any other competitors across 12 key performance metrics.
sunlit ltd Ownership
SUNLIT LTD group structure
Sunlit Ltd has no subsidiary companies.
Ultimate parent company
SUNLIT LTD
09088513
sunlit ltd directors
Sunlit Ltd currently has 2 directors. The longest serving directors include Mr Huriy Ghirmai (Jun 2014) and Mr Mulugeta Giorgis (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Huriy Ghirmai | England | 54 years | Jun 2014 | - | Director |
| Mr Mulugeta Giorgis | United Kingdom | 55 years | Aug 2022 | - | Director |
P&L
June 2021turnover
223.2k
-20%
operating profit
-81k
0%
gross margin
15.5%
-9.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
-450k
+0.22%
total assets
30.3k
-0.32%
cash
0
0%
net assets
Total assets minus all liabilities
sunlit ltd company details
company number
09088513
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2021
previous names
N/A
accountant
-
auditor
-
address
c/o opus restructuring llp, 1 radian court, milton keynes, MK5 8PJ
Bank
-
Legal Advisor
-
sunlit 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 sunlit ltd.
sunlit ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
