suade labs ltd
suade labs ltd Company Information
Company Number
09197033
Website
suade.orgRegistered Address
2 maple court davenport street, macclesfield, cheshire, SK10 1JE
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
regtech holdings ltd 100%
suade labs ltd Estimated Valuation
Pomanda estimates the enterprise value of SUADE LABS LTD at £2.7m based on a Turnover of £3.2m and 0.84x industry multiple (adjusted for size and gross margin).
suade labs ltd Estimated Valuation
Pomanda estimates the enterprise value of SUADE LABS LTD at £0 based on an EBITDA of £-1.4m and a 5.55x industry multiple (adjusted for size and gross margin).
suade labs ltd Estimated Valuation
Pomanda estimates the enterprise value of SUADE LABS LTD at £0 based on Net Assets of £-3.9m and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Suade Labs Ltd Overview
Suade Labs Ltd is a live company located in cheshire, SK10 1JE with a Companies House number of 09197033. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2014, it's largest shareholder is regtech holdings ltd with a 100% stake. Suade Labs Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Suade Labs Ltd Health Check
Pomanda's financial health check has awarded Suade Labs Ltd 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 £3.2m, make it smaller than the average company (£4.4m)
- Suade Labs Ltd
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (10.2%)
- Suade Labs Ltd
10.2% - Industry AVG
Production
with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)
- Suade Labs Ltd
72.1% - Industry AVG
Profitability
an operating margin of -45.2% make it less profitable than the average company (3.7%)
- Suade Labs Ltd
3.7% - Industry AVG
Employees
with 58 employees, this is above the industry average (38)
58 - Suade Labs Ltd
38 - Industry AVG
Pay Structure
on an average salary of £70.8k, the company has an equivalent pay structure (£70.8k)
- Suade Labs Ltd
£70.8k - Industry AVG
Efficiency
resulting in sales per employee of £55.3k, this is less efficient (£120.6k)
- Suade Labs Ltd
£120.6k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (57 days)
- Suade Labs Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (39 days)
- Suade Labs Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Suade Labs Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (17 weeks)
22 weeks - Suade Labs Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 187.1%, this is a higher level of debt than the average (61.4%)
187.1% - Suade Labs Ltd
61.4% - Industry AVG
SUADE LABS LTD financials
Suade Labs Ltd's latest turnover from December 2023 is estimated at £3.2 million and the company has net assets of -£3.9 million. According to their latest financial statements, Suade Labs Ltd has 58 employees and maintains cash reserves of £3.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 58 | 49 | 38 | 27 | 14 | 10 | 7 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 68,139 | 47,890 | 30,492 | 16,598 | 14,484 | 13,682 | 9,747 | 5,989 | 4,235 |
| 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 | 68,139 | 47,890 | 30,492 | 16,598 | 14,484 | 13,682 | 9,747 | 5,989 | 4,235 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 136,493 | 290,744 | 713,241 | 530,240 | 0 | 0 | 0 | 0 | 648 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 579,277 | 319,666 | 102,319 | 94,817 | 56,847 | 589 | 430 | 37,610 | 0 |
| Cash | 3,665,218 | 2,913,523 | 4,963,514 | 4,942,089 | 913,532 | 890,655 | 622,857 | 501,410 | 105,713 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,380,988 | 3,523,933 | 5,779,074 | 5,567,146 | 970,379 | 891,244 | 623,287 | 539,020 | 106,361 |
| total assets | 4,449,127 | 3,571,823 | 5,809,566 | 5,583,744 | 984,863 | 904,926 | 633,034 | 545,009 | 110,596 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,673 | 162,452 | 50,191 | 111,336 | 2,220 | 4,380 | 0 | 0 | 8,615 |
| 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 | 8,309,032 | 5,998,670 | 5,722,829 | 1,383,681 | 537,694 | 467,803 | 328,885 | 384,538 | 0 |
| total current liabilities | 8,325,705 | 6,161,122 | 5,773,020 | 1,495,017 | 539,914 | 472,183 | 328,885 | 384,538 | 8,615 |
| loans | 0 | 0 | 0 | 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 | 3,500,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 3,500,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 8,325,705 | 6,161,122 | 5,773,020 | 4,995,017 | 539,914 | 472,183 | 328,885 | 384,538 | 8,615 |
| net assets | -3,876,578 | -2,589,299 | 36,546 | 588,727 | 444,949 | 432,743 | 304,149 | 160,471 | 101,981 |
| total shareholders funds | -3,876,578 | -2,589,299 | 36,546 | 588,727 | 444,949 | 432,743 | 304,149 | 160,471 | 101,981 |
| Dec 2023 | Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 18,051 | 18,119 | 8,670 | 9,369 | 4,644 | 3,322 | 1,829 | 1,110 | 168 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 105,360 | -205,150 | 190,503 | 568,210 | 56,258 | 159 | -37,180 | 36,962 | 648 |
| Creditors | -145,779 | 112,261 | -61,145 | 109,116 | -2,160 | 4,380 | 0 | -8,615 | 8,615 |
| Accruals and Deferred Income | 2,310,362 | 275,841 | 4,339,148 | 845,987 | 69,891 | 138,918 | -55,653 | 384,538 | 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 | 0 | 0 | 0 | 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 | -3,500,000 | 3,500,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 751,695 | -2,049,991 | 21,425 | 4,028,557 | 22,877 | 267,798 | 121,447 | 395,697 | 105,713 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 751,695 | -2,049,991 | 21,425 | 4,028,557 | 22,877 | 267,798 | 121,447 | 395,697 | 105,713 |
suade labs ltd Credit Report and Business Information
Suade Labs Ltd Competitor Analysis
Perform a competitor analysis for suade labs ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SK10 area or any other competitors across 12 key performance metrics.
suade labs ltd Ownership
SUADE LABS LTD group structure
Suade Labs Ltd has no subsidiary companies.
Ultimate parent company
SUADE LABS LTD
09197033
suade labs ltd directors
Suade Labs Ltd currently has 2 directors. The longest serving directors include Ms Diana Paredes (Aug 2014) and Mr Murat Abur (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Diana Paredes | England | 41 years | Aug 2014 | - | Director |
| Mr Murat Abur | England | 40 years | Aug 2014 | - | Director |
P&L
December 2023turnover
3.2m
+2%
operating profit
-1.5m
0%
gross margin
72.2%
+0.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-3.9m
+0.5%
total assets
4.4m
+0.25%
cash
3.7m
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
suade labs ltd company details
company number
09197033
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
BENNETT BROOKS & CO LTD
auditor
-
address
2 maple court davenport street, macclesfield, cheshire, SK10 1JE
Bank
-
Legal Advisor
-
suade labs 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 suade labs ltd.
suade labs ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
