sunetik limited
sunetik limited Company Information
Company Number
09132355
Website
-Registered Address
unit 9 dunchideock barton, dunchideock, exeter, EX2 9UA
Industry
Construction of utility projects for electricity and telecommunications
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
ethical power group limited 50%
sun farming gmbh 40%
View Allsunetik limited Estimated Valuation
Pomanda estimates the enterprise value of SUNETIK LIMITED at £59k based on a Turnover of £237.3k and 0.25x industry multiple (adjusted for size and gross margin).
sunetik limited Estimated Valuation
Pomanda estimates the enterprise value of SUNETIK LIMITED at £0 based on an EBITDA of £-15.5k and a 2.87x industry multiple (adjusted for size and gross margin).
sunetik limited Estimated Valuation
Pomanda estimates the enterprise value of SUNETIK LIMITED at £0 based on Net Assets of £-453k and 1.72x industry multiple (adjusted for liquidity).
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Sunetik Limited Overview
Sunetik Limited is a live company located in exeter, EX2 9UA with a Companies House number of 09132355. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in July 2014, it's largest shareholder is ethical power group limited with a 50% stake. Sunetik Limited is a established, micro sized company, Pomanda has estimated its turnover at £237.3k with declining growth in recent years.
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Sunetik Limited Health Check
Pomanda's financial health check has awarded Sunetik Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £237.3k, make it smaller than the average company (£2.6m)
- Sunetik Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -76%, show it is growing at a slower rate (14.9%)
- Sunetik Limited
14.9% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
- Sunetik Limited
27.9% - Industry AVG
Profitability
an operating margin of -6.5% make it less profitable than the average company (14.3%)
- Sunetik Limited
14.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
- Sunetik Limited
8 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Sunetik Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £237.3k, this is equally as efficient (£250.8k)
- Sunetik Limited
£250.8k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (43 days)
- Sunetik Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (40 days)
- Sunetik Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sunetik Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Sunetik Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 135.6%, this is a higher level of debt than the average (77.8%)
135.6% - Sunetik Limited
77.8% - Industry AVG
SUNETIK LIMITED financials
Sunetik Limited's latest turnover from March 2023 is estimated at £237.3 thousand and the company has net assets of -£453 thousand. According to their latest financial statements, we estimate that Sunetik Limited has 1 employee and maintains cash reserves of £1.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Oct 2020 | Oct 2019 | Oct 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 639,372 | 26,462,219 | 19,219,071 | |||||
| Other Income Or Grants | 0 | 0 | 0 | |||||
| Cost Of Sales | 690,442 | 26,473,302 | 17,958,056 | |||||
| Gross Profit | -51,070 | -11,083 | 1,261,015 | |||||
| Admin Expenses | 140,190 | -138,341 | 929,103 | |||||
| Operating Profit | -191,260 | 127,258 | 331,912 | |||||
| Interest Payable | 49,632 | 49 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | |||||
| Pre-Tax Profit | -240,892 | 127,209 | 331,912 | |||||
| Tax | 25,446 | -25,442 | -69,744 | |||||
| Profit After Tax | -215,446 | 101,767 | 262,168 | |||||
| Dividends Paid | 0 | 0 | 0 | |||||
| Retained Profit | -215,446 | 101,767 | 262,168 | |||||
| Employee Costs | 0 | |||||||
| Number Of Employees | 3 | 3 | 3 | 4 | 4 | |||
| EBITDA* | -191,260 | 127,258 | 331,912 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Oct 2020 | Oct 2019 | Oct 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 259,056 | 754,237 | 427,878 | 929,236 | 2,181,740 |
| Trade Debtors | 50,922 | 57,361 | 1,536,853 | 364,679 | 394,620 | 1,743,154 | 18,813,599 | 1,799,810 |
| Group Debtors | 938,884 | 1,214,285 | 0 | 575,565 | 0 | 347,107 | 283,492 | 0 |
| Misc Debtors | 279,580 | 256,503 | 0 | 408,129 | 0 | 51,136 | 877,288 | 0 |
| Cash | 1,817 | 4,946 | 0 | 400 | 37,584 | 98,853 | 1,026,830 | 1,166,297 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 916,119 |
| total current assets | 1,271,203 | 1,533,095 | 1,536,853 | 1,607,829 | 2,235,136 | 2,668,128 | 21,930,445 | 6,063,966 |
| total assets | 1,271,203 | 1,533,095 | 1,536,853 | 1,607,829 | 2,235,136 | 2,668,128 | 21,930,445 | 6,063,966 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 917,392 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,881 | 3,885 | 1,944,532 | 124,534 | 4,444 | 109,941 | 208,821 | 77,141 |
| Group/Directors Accounts | 384,522 | 560,242 | 0 | 103,405 | 0 | 146,560 | 0 | 1,597,401 |
| other short term finances | 0 | 0 | 0 | 0 | 358,033 | 592,015 | 17,403,505 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,335,815 | 1,406,629 | 0 | 1,732,801 | 0 | 1,670,122 | 3,953,184 | 3,208,864 |
| total current liabilities | 1,724,218 | 1,970,756 | 1,944,532 | 1,960,740 | 2,410,479 | 2,518,638 | 21,565,510 | 5,800,798 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,724,218 | 1,970,756 | 1,944,532 | 1,960,740 | 2,410,479 | 2,518,638 | 21,565,510 | 5,800,798 |
| net assets | -453,015 | -437,661 | -407,679 | -352,911 | -175,343 | 149,490 | 364,935 | 263,168 |
| total shareholders funds | -453,015 | -437,661 | -407,679 | -352,911 | -175,343 | 149,490 | 364,935 | 263,168 |
| Mar 2023 | Mar 2022 | Oct 2020 | Oct 2019 | Oct 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -191,260 | 127,258 | 331,912 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 25,446 | -25,442 | -69,744 | |||||
| Stock | 0 | 0 | -259,056 | -495,181 | 326,359 | -501,358 | -1,252,504 | 2,181,740 |
| Debtors | -258,763 | 1,528,149 | 188,480 | 953,753 | -1,746,777 | -17,832,982 | 18,174,569 | 1,799,810 |
| Creditors | -4 | 3,885 | 1,819,998 | 120,090 | -105,497 | -98,880 | 131,680 | 77,141 |
| Accruals and Deferred Income | -70,814 | 1,406,629 | -1,732,801 | 1,732,801 | -1,670,122 | -2,283,062 | 744,320 | 3,208,864 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 15,786,584 | -15,944,249 | -433,377 | |||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 1,226,157 | 0 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 1,226,157 | 0 | |||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -175,720 | 560,242 | -103,405 | 103,405 | -146,560 | 146,560 | -1,597,401 | 1,597,401 |
| Other Short Term Loans | 0 | 0 | 0 | -358,033 | -233,982 | -16,811,490 | 17,403,505 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -49,632 | -49 | 0 | |||||
| cash flow from financing | -16,714,561 | 15,806,055 | 1,598,401 | |||||
| cash and cash equivalents | ||||||||
| cash | -3,129 | 4,946 | -400 | -37,184 | -61,269 | -927,977 | -139,467 | 1,166,297 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -917,392 | 917,392 |
| change in cash | -3,129 | 4,946 | -400 | -37,184 | -61,269 | -927,977 | 777,925 | 248,905 |
sunetik limited Credit Report and Business Information
Sunetik Limited Competitor Analysis
Perform a competitor analysis for sunetik limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
sunetik limited Ownership
SUNETIK LIMITED group structure
Sunetik Limited has no subsidiary companies.
Ultimate parent company
SUNETIK LIMITED
09132355
sunetik limited directors
Sunetik Limited currently has 3 directors. The longest serving directors include Mr Martin Tauschke (Oct 2014) and Mr Peter Schrum (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Tauschke | England | 46 years | Oct 2014 | - | Director |
| Mr Peter Schrum | United Kingdom | 66 years | Oct 2014 | - | Director |
| Mr Thomas Kneen | United Kingdom | 39 years | Oct 2014 | - | Director |
P&L
March 2023turnover
237.3k
-2%
operating profit
-15.5k
0%
gross margin
28%
+7.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-453k
+0.04%
total assets
1.3m
-0.17%
cash
1.8k
-0.63%
net assets
Total assets minus all liabilities
sunetik limited company details
company number
09132355
Type
Private limited with Share Capital
industry
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
July 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 9 dunchideock barton, dunchideock, exeter, EX2 9UA
last accounts submitted
March 2023
sunetik 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 sunetik limited.
sunetik limited Companies House Filings - See Documents
| date | description | view/download |
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