seven summits financial limited

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seven summits financial limited Company Information

Share SEVEN SUMMITS FINANCIAL LIMITED

Company Number

09981525

Shareholders

venn partners holdings limited

sakeeb zaman

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Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

third floor 20 old bailey, london, EC4M 7AN

seven summits financial limited Estimated Valuation

£549.4k

Pomanda estimates the enterprise value of SEVEN SUMMITS FINANCIAL LIMITED at £549.4k based on a Turnover of £337k and 1.63x industry multiple (adjusted for size and gross margin).

seven summits financial limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SEVEN SUMMITS FINANCIAL LIMITED at £0 based on an EBITDA of £-761.2k and a 4.3x industry multiple (adjusted for size and gross margin).

seven summits financial limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SEVEN SUMMITS FINANCIAL LIMITED at £0 based on Net Assets of £-924.3k and 1.82x industry multiple (adjusted for liquidity).

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Seven Summits Financial Limited Overview

Seven Summits Financial Limited is a live company located in london, EC4M 7AN with a Companies House number of 09981525. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in February 2016, it's largest shareholder is venn partners holdings limited with a 38.9% stake. Seven Summits Financial Limited is a young, micro sized company, Pomanda has estimated its turnover at £337k with high growth in recent years.

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Seven Summits Financial Limited Health Check

Pomanda's financial health check has awarded Seven Summits Financial Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £337k, make it in line with the average company (£358.3k)

£337k - Seven Summits Financial Limited

£358.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (4.5%)

18% - Seven Summits Financial Limited

4.5% - Industry AVG

production

Production

with a gross margin of 15.5%, this company has a higher cost of product (68.9%)

15.5% - Seven Summits Financial Limited

68.9% - Industry AVG

profitability

Profitability

an operating margin of -225.9% make it less profitable than the average company (6.6%)

-225.9% - Seven Summits Financial Limited

6.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (7)

2 - Seven Summits Financial Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)

£42.6k - Seven Summits Financial Limited

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £168.5k, this is more efficient (£103.4k)

£168.5k - Seven Summits Financial Limited

£103.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 102 days, this is later than average (49 days)

102 days - Seven Summits Financial Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 399 days, this is slower than average (30 days)

399 days - Seven Summits Financial Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Seven Summits Financial Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Seven Summits Financial Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 138.8%, this is a higher level of debt than the average (57.5%)

138.8% - Seven Summits Financial Limited

57.5% - Industry AVG

SEVEN SUMMITS FINANCIAL LIMITED financials

EXPORTms excel logo

Seven Summits Financial Limited's latest turnover from December 2023 is estimated at £337 thousand and the company has net assets of -£924.3 thousand. According to their latest financial statements, we estimate that Seven Summits Financial Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Turnover337,006316,8591,472,302634,725202,862939,089252,59434,919
Other Income Or Grants
Cost Of Sales284,653263,3641,263,029539,701164,900770,219203,62327,220
Gross Profit52,35353,496209,27395,02437,962168,87048,9717,699
Admin Expenses813,551-864,7101,173,119108,210574,525-445,174-167,90887,193
Operating Profit-761,198918,206-963,846-13,186-536,563614,044216,879-79,494
Interest Payable
Interest Receivable
Pre-Tax Profit-761,198918,206-963,846-13,186-536,563614,044216,879-79,494
Tax-174,459-116,668-41,207
Profit After Tax-761,198743,747-963,846-13,186-536,563497,376175,672-79,494
Dividends Paid
Retained Profit-761,198743,747-963,846-13,186-536,563497,376175,672-79,494
Employee Costs85,16184,174460,087174,275236,446232,77897,68131,194
Number Of Employees221257731
EBITDA*-761,198918,206-963,846-13,186-536,563614,044216,879-79,494

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Tangible Assets2,269,3781,773,346930,791126,619100,000100,000100,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,269,3781,773,346930,791126,619100,000100,000100,000
Stock & work in progress
Trade Debtors94,185108,437692,383405,11688,657697,980177,4246,711
Group Debtors
Misc Debtors21,04516,3752,74324,842
Cash
misc current assets12,0143,9603,960
total current assets115,230124,812695,126429,95888,657709,994181,38410,671
total assets2,384,6081,898,1581,625,917556,577188,657809,994281,38410,671
Bank overdraft
Bank loan
Trade Creditors 311,288307,2661,366,772239,37631,866118,23485,20690,165
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities311,288307,2661,366,772239,37631,866118,23485,20690,165
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities2,997,6261,754,0001,166,000273,39699,80098,206100,000
provisions
total long term liabilities2,997,6261,754,0001,166,000273,39699,80098,206100,000
total liabilities3,308,9142,061,2662,532,772512,772131,666216,440185,20690,165
net assets-924,306-163,108-906,85543,80556,991593,55496,178-79,494
total shareholders funds-924,306-163,108-906,85543,80556,991593,55496,178-79,494
Dec 2023Dec 2022Dec 2021Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Operating Activities
Operating Profit-761,198918,206-963,846-13,186-536,563614,044216,879-79,494
Depreciation
Amortisation
Tax-174,459-116,668-41,207
Stock
Debtors-9,582-570,314606,469341,301-609,323520,556170,7136,711
Creditors4,022-1,059,5061,334,906207,510-86,36833,028-4,95990,165
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-747,594254,555-235,409-146,977-13,6089,8483,960
Investing Activities
capital expenditure-496,032-842,555-830,791-26,619-100,000
Change in Investments
cash flow from investments-496,032-842,555-830,791-26,619-100,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities1,243,626588,0001,066,200173,5961,594-1,794100,000
share issue
interest
cash flow from financing1,243,626588,0001,066,200173,5961,594-1,794100,000
cash and cash equivalents
cash
overdraft
change in cash

seven summits financial 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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Seven Summits Financial Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for seven summits financial limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EC4M area or any other competitors across 12 key performance metrics.

seven summits financial limited Ownership

SEVEN SUMMITS FINANCIAL LIMITED group structure

Seven Summits Financial Limited has 2 subsidiary companies.

Ultimate parent company

SEVEN SUMMITS FINANCIAL LIMITED

09981525

2 subsidiaries

SEVEN SUMMITS FINANCIAL LIMITED Shareholders

venn partners holdings limited 38.94%
sakeeb zaman 23.71%
rohan trivedi 23.71%
picus capital gmbh 5.96%
cur8 (tt) nominees limited 1.44%
froylan ventures limited 1.17%
lionel arbey 0.67%
ceres ventures gmbh 0.57%
ashok venkiteswaran 0.46%
gaurav katyal 0.39%

seven summits financial limited directors

Seven Summits Financial Limited currently has 2 directors. The longest serving directors include Mr Sakeeb Zaman (Feb 2016) and Mr Gary McKenzie-Smith (Feb 2019).

officercountryagestartendrole
Mr Sakeeb ZamanEngland38 years Feb 2016- Director
Mr Gary McKenzie-SmithUnited Kingdom51 years Feb 2019- Director

P&L

December 2023

turnover

337k

+6%

operating profit

-761.2k

0%

gross margin

15.6%

-7.99%

turnover

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

Balance Sheet

December 2023

net assets

-924.3k

+4.67%

total assets

2.4m

+0.26%

cash

0

0%

net assets

Total assets minus all liabilities

seven summits financial limited company details

company number

09981525

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

February 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

third floor 20 old bailey, london, EC4M 7AN

Bank

-

Legal Advisor

-

seven summits financial 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 seven summits financial limited.

seven summits financial 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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seven summits financial limited Companies House Filings - See Documents

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