skintech solutions limited

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skintech solutions limited Company Information

Share SKINTECH SOLUTIONS LIMITED

Company Number

09660665

Shareholders

michelle mcguinness

Group Structure

View All

Industry

Other human health activities

 

Registered Address

71-75 shelton street, covent garden, london, WC2H 9JQ

Website

-

skintech solutions limited Estimated Valuation

£24.5k

Pomanda estimates the enterprise value of SKINTECH SOLUTIONS LIMITED at £24.5k based on a Turnover of £49.2k and 0.5x industry multiple (adjusted for size and gross margin).

skintech solutions limited Estimated Valuation

£21.5k

Pomanda estimates the enterprise value of SKINTECH SOLUTIONS LIMITED at £21.5k based on an EBITDA of £5.6k and a 3.84x industry multiple (adjusted for size and gross margin).

skintech solutions limited Estimated Valuation

£38.1k

Pomanda estimates the enterprise value of SKINTECH SOLUTIONS LIMITED at £38.1k based on Net Assets of £16.2k and 2.35x industry multiple (adjusted for liquidity).

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Skintech Solutions Limited Overview

Skintech Solutions Limited is a live company located in london, WC2H 9JQ with a Companies House number of 09660665. It operates in the other human health activities sector, SIC Code 86900. Founded in June 2015, it's largest shareholder is michelle mcguinness with a 100% stake. Skintech Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £49.2k with healthy growth in recent years.

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Skintech Solutions Limited Health Check

Pomanda's financial health check has awarded Skintech Solutions Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £49.2k, make it smaller than the average company (£750.6k)

£49.2k - Skintech Solutions Limited

£750.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8%)

4% - Skintech Solutions Limited

8% - Industry AVG

production

Production

with a gross margin of 38.9%, this company has a comparable cost of product (38.9%)

38.9% - Skintech Solutions Limited

38.9% - Industry AVG

profitability

Profitability

an operating margin of 9.3% make it more profitable than the average company (5.5%)

9.3% - Skintech Solutions Limited

5.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (18)

1 - Skintech Solutions Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)

£27.6k - Skintech Solutions Limited

£27.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £49.2k, this is equally as efficient (£49.2k)

£49.2k - Skintech Solutions Limited

£49.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Skintech Solutions Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Skintech Solutions Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Skintech Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is less cash available to meet short term requirements (111 weeks)

23 weeks - Skintech Solutions Limited

111 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58.3%, this is a higher level of debt than the average (24%)

58.3% - Skintech Solutions Limited

24% - Industry AVG

SKINTECH SOLUTIONS LIMITED financials

EXPORTms excel logo

Skintech Solutions Limited's latest turnover from September 2024 is estimated at £49.2 thousand and the company has net assets of £16.2 thousand. According to their latest financial statements, Skintech Solutions Limited has 1 employee and maintains cash reserves of £2.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Turnover49,17148,12545,47443,37443,386236,35339,97439,78745,569
Other Income Or Grants
Cost Of Sales30,04329,68628,50228,71227,854151,18125,88824,61928,139
Gross Profit19,12818,43916,97314,66215,53285,17214,08615,16817,430
Admin Expenses14,541-2,59617,08611,95513,96185,3403,15815,61723,685
Operating Profit4,58721,035-1132,7071,571-16810,928-449-6,255
Interest Payable2,0222,3752,0001,525763371672328
Interest Receivable5333541515
Pre-Tax Profit2,61718,660-2,0791,188812-15310,572-1,121-6,583
Tax-654-4,665-226-154-2,009
Profit After Tax1,96313,995-2,079962658-1538,563-1,121-6,583
Dividends Paid
Retained Profit1,96313,995-2,079962658-1538,563-1,121-6,583
Employee Costs27,63825,86124,40223,45322,95722,56921,63921,39940,859
Number Of Employees111111112
EBITDA*5,60621,9898952,9891,571-16811,482289-5,159

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Tangible Assets1,4662,0673,0218461,1281,5041,6622,2162,954
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,4662,0673,0218461,1281,5041,6622,2162,954
Stock & work in progress2,1642,7403,713
Trade Debtors28,410
Group Debtors
Misc Debtors35,25745,08533,15232,04328,32315,821
Cash2,1222,9727,4323,875
misc current assets47467
total current assets37,37945,08533,15235,01535,75528,88421,8602,7403,780
total assets38,84547,15236,17335,86136,88330,38823,5224,9566,734
Bank overdraft6983283,991
Bank loan
Trade Creditors 27,962
Group/Directors Accounts2282,096
other short term finances7,00010,500
hp & lease commitments
other current liabilities4,62214,06512,3288,37310,30422,3791,440720
total current liabilities4,62214,76312,6568,37310,30427,96222,37912,65913,316
loans18,01718,05623,14825,00025,000
hp & lease commitments
Accruals and Deferred Income1,434
other liabilities
provisions90121161214286283
total long term liabilities18,01718,14623,26925,16125,2141,720283
total liabilities22,63932,90935,92533,53435,51829,68222,66212,65913,316
net assets16,20614,2432482,3271,365706860-7,703-6,582
total shareholders funds16,20614,2432482,3271,365706860-7,703-6,582
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Operating Activities
Operating Profit4,58721,035-1132,7071,571-16810,928-449-6,255
Depreciation1,0199541,0082825547381,096
Amortisation
Tax-654-4,665-226-154-2,009
Stock-2,164-576-9733,713
Debtors-9,82811,9331,1093,720-8712,58915,821
Creditors-27,96227,962
Accruals and Deferred Income-9,4431,7373,955-1,9318,870-20,94520,939720720
Deferred Taxes & Provisions-90-31-40-53-723283
Cash flow from operations5,2477,0973,701-2,941-17,660-3,57315,4501,982-8,152
Investing Activities
capital expenditure-418-3,183376158-4,050
Change in Investments
cash flow from investments-418-3,183376158-4,050
Financing Activities
Bank loans
Group/Directors Accounts-228-1,8682,096
Other Short Term Loans -7,000-3,50010,500
Long term loans-39-5,092-1,85225,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue1-11
interest-1,969-2,375-1,967-1,520-75915-356-672-328
cash flow from financing-2,008-7,467-3,819-1,52024,24214-7,584-6,04012,269
cash and cash equivalents
cash2,122-2,972-4,4607,432-3,8753,875
overdraft-698370328-3,9913,991
change in cash2,820-370-3,300-4,4607,432-3,8757,866-3,991

skintech solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Skintech Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for skintech solutions limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.

skintech solutions limited Ownership

SKINTECH SOLUTIONS LIMITED group structure

Skintech Solutions Limited has no subsidiary companies.

Ultimate parent company

SKINTECH SOLUTIONS LIMITED

09660665

SKINTECH SOLUTIONS LIMITED Shareholders

michelle mcguinness 100%

skintech solutions limited directors

Skintech Solutions Limited currently has 1 director, Ms Michelle McGuinness serving since Jun 2015.

officercountryagestartendrole
Ms Michelle McGuinnessUnited Kingdom53 years Jun 2015- Director

P&L

September 2024

turnover

49.2k

+2%

operating profit

4.6k

0%

gross margin

39%

+1.53%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2024

net assets

16.2k

+0.14%

total assets

38.8k

-0.18%

cash

2.1k

0%

net assets

Total assets minus all liabilities

skintech solutions limited company details

company number

09660665

Type

Private limited with Share Capital

industry

86900 - Other human health activities

incorporation date

June 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2024

previous names

N/A

accountant

INCA ACCOUNTANTS LTD

auditor

-

address

71-75 shelton street, covent garden, london, WC2H 9JQ

Bank

-

Legal Advisor

-

skintech solutions 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 skintech solutions limited.

skintech solutions limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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skintech solutions limited Companies House Filings - See Documents

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