s-bit group ltd

Dissolved 

s-bit group ltd Company Information

Share S-BIT GROUP LTD

Company Number

09753986

Shareholders

tomasz szukalski

Group Structure

View All

Industry

Construction of domestic buildings

 

Registered Address

85 great portland street, first floor, london, W1W 7LT

s-bit group ltd Estimated Valuation

£24.9k

Pomanda estimates the enterprise value of S-BIT GROUP LTD at £24.9k based on a Turnover of £79.9k and 0.31x industry multiple (adjusted for size and gross margin).

s-bit group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of S-BIT GROUP LTD at £0 based on an EBITDA of £-12 and a 2.47x industry multiple (adjusted for size and gross margin).

s-bit group ltd Estimated Valuation

£2.4k

Pomanda estimates the enterprise value of S-BIT GROUP LTD at £2.4k based on Net Assets of £1.8k and 1.35x industry multiple (adjusted for liquidity).

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S-bit Group Ltd Overview

S-bit Group Ltd is a dissolved company that was located in london, W1W 7LT with a Companies House number of 09753986. It operated in the construction of domestic buildings sector, SIC Code 41202. Founded in August 2015, it's largest shareholder was tomasz szukalski with a 100% stake. The last turnover for S-bit Group Ltd was estimated at £79.9k.

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S-bit Group Ltd Health Check

Pomanda's financial health check has awarded S-Bit Group Ltd a 2 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £79.9k, make it smaller than the average company (£688.1k)

£79.9k - S-bit Group Ltd

£688.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 125%, show it is growing at a faster rate (2.7%)

125% - S-bit Group Ltd

2.7% - Industry AVG

production

Production

with a gross margin of 10%, this company has a higher cost of product (18.9%)

10% - S-bit Group Ltd

18.9% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (5.9%)

0% - S-bit Group Ltd

5.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (5)

3 - S-bit Group Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - S-bit Group Ltd

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £26.6k, this is less efficient (£200.9k)

£26.6k - S-bit Group Ltd

£200.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is later than average (24 days)

35 days - S-bit Group Ltd

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is slower than average (31 days)

35 days - S-bit Group Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - S-bit Group Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - S-bit Group Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 79.9%, this is a similar level of debt than the average (75.1%)

79.9% - S-bit Group Ltd

75.1% - Industry AVG

S-BIT GROUP LTD financials

EXPORTms excel logo

S-Bit Group Ltd's latest turnover from August 2021 is estimated at £79.9 thousand and the company has net assets of £1.8 thousand. According to their latest financial statements, S-Bit Group Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Turnover79,91163,74968,0557,00010,465123,143
Other Income Or Grants000000
Cost Of Sales71,93857,31360,2296,1529,053106,586
Gross Profit7,9746,4367,8268481,41216,557
Admin Expenses7,9866,1167,585-6621,44016,413
Operating Profit-123202411,510-28144
Interest Payable000000
Interest Receivable000720
Pre-Tax Profit-123202411,517-26144
Tax0-61-46-2880-29
Profit After Tax-122591951,229-26115
Dividends Paid000000
Retained Profit-122591951,229-26115
Employee Costs114,742110,59040,96742,38537,37239,872
Number Of Employees331111
EBITDA*-123202411,510-28144

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Tangible Assets000000
Intangible Assets000000
Investments & Other1,0001,0001,0001,0001,0000
Debtors (Due After 1 year)000000
Total Fixed Assets1,0001,0001,0001,0001,0000
Stock & work in progress000000
Trade Debtors7,7523,69212,8621,4271,12821,850
Group Debtors000000
Misc Debtors000000
Cash00001,8570
misc current assets000001,000
total current assets7,7523,69212,8621,4272,98522,850
total assets8,7524,69213,8622,4273,98522,850
Bank overdraft000000
Bank loan000000
Trade Creditors 6,9922,92012,3491,1092,80421,735
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities6,9922,92012,3491,1092,80421,735
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000001,000
provisions000000
total long term liabilities000001,000
total liabilities6,9922,92012,3491,1092,80422,735
net assets1,7601,7721,5131,3181,181115
total shareholders funds1,7601,7721,5131,3181,181115
Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Operating Activities
Operating Profit-123202411,510-28144
Depreciation000000
Amortisation000000
Tax0-61-46-2880-29
Stock000000
Debtors4,060-9,17011,435299-20,72221,850
Creditors4,072-9,42911,240-1,695-18,93121,735
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations000-7721,7630
Investing Activities
capital expenditure000000
Change in Investments00001,0000
cash flow from investments0000-1,0000
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities0000-1,0001,000
share issue000-1,0921,0920
interest000720
cash flow from financing000-1,085941,000
cash and cash equivalents
cash000-1,8571,8570
overdraft000000
change in cash000-1,8571,8570

s-bit group ltd 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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S-bit Group Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for s-bit group ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in W1W area or any other competitors across 12 key performance metrics.

s-bit group ltd Ownership

S-BIT GROUP LTD group structure

S-Bit Group Ltd has no subsidiary companies.

Ultimate parent company

S-BIT GROUP LTD

09753986

S-BIT GROUP LTD Shareholders

tomasz szukalski 100%

s-bit group ltd directors

S-Bit Group Ltd currently has 1 director, Mr Tomasz Szukalski serving since Aug 2015.

officercountryagestartendrole
Mr Tomasz SzukalskiUnited Kingdom39 years Aug 2015- Director

P&L

August 2021

turnover

79.9k

+25%

operating profit

-12

0%

gross margin

10%

-1.17%

turnover

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

Balance Sheet

August 2021

net assets

1.8k

-0.01%

total assets

8.8k

+0.87%

cash

0

0%

net assets

Total assets minus all liabilities

s-bit group ltd company details

company number

09753986

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

August 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2021

previous names

N/A

accountant

-

auditor

-

address

85 great portland street, first floor, london, W1W 7LT

Bank

-

Legal Advisor

-

s-bit group 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 s-bit group ltd.

s-bit group ltd 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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s-bit group ltd Companies House Filings - See Documents

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