the surelight project limited
the surelight project limited Company Information
Company Number
10006203
Website
-Registered Address
suite 1a station court, high road, cookham, berkshire, SL6 9JF
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
max thorne 50%
zillah ellen byng-thorne 50%
the surelight project limited Estimated Valuation
Pomanda estimates the enterprise value of THE SURELIGHT PROJECT LIMITED at £902.5k based on a Turnover of £313.2k and 2.88x industry multiple (adjusted for size and gross margin).
the surelight project limited Estimated Valuation
Pomanda estimates the enterprise value of THE SURELIGHT PROJECT LIMITED at £6.5m based on an EBITDA of £1m and a 6.52x industry multiple (adjusted for size and gross margin).
the surelight project limited Estimated Valuation
Pomanda estimates the enterprise value of THE SURELIGHT PROJECT LIMITED at £616k based on Net Assets of £388.9k and 1.58x industry multiple (adjusted for liquidity).
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The Surelight Project Limited Overview
The Surelight Project Limited is a live company located in cookham, SL6 9JF with a Companies House number of 10006203. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2016, it's largest shareholder is max thorne with a 50% stake. The Surelight Project Limited is a young, micro sized company, Pomanda has estimated its turnover at £313.2k with high growth in recent years.
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The Surelight Project Limited Health Check
Pomanda's financial health check has awarded The Surelight Project Limited 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £313.2k, make it smaller than the average company (£815.1k)
- The Surelight Project Limited
£815.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (1.5%)
- The Surelight Project Limited
1.5% - Industry AVG
Production
with a gross margin of 71.9%, this company has a comparable cost of product (71.9%)
- The Surelight Project Limited
71.9% - Industry AVG
Profitability
an operating margin of 320.5% make it more profitable than the average company (35%)
- The Surelight Project Limited
35% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - The Surelight Project Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- The Surelight Project Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £104.4k, this is less efficient (£180.5k)
- The Surelight Project Limited
£180.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- The Surelight Project Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (35 days)
- The Surelight Project Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Surelight Project Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - The Surelight Project Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.5%, this is a higher level of debt than the average (66.9%)
96.5% - The Surelight Project Limited
66.9% - Industry AVG
THE SURELIGHT PROJECT LIMITED financials
The Surelight Project Limited's latest turnover from February 2023 is estimated at £313.2 thousand and the company has net assets of £388.9 thousand. According to their latest financial statements, The Surelight Project Limited has 3 employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 3 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,717 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 10,932,456 | 9,443,661 | 9,276,000 | 2,241,300 | 870,288 | 870,288 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,940,173 | 9,443,661 | 9,276,000 | 2,241,300 | 870,288 | 870,288 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,422 | 9,552 | 10,745 | 13,212 | 6,238 | 0 | 500 |
| Cash | 1,250 | 15,913 | 21,019 | 1,695 | 5,319 | 3,611 | 435 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,672 | 25,465 | 31,764 | 14,907 | 11,557 | 3,611 | 935 |
| total assets | 10,951,845 | 9,469,126 | 9,307,764 | 2,256,207 | 881,845 | 873,899 | 935 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 120,000 | 120,000 | 120,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,786 | 1,537 | 140 | 1,080 | 1,709 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 318,447 | 855,147 | 1,110 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 102,276 | 52,250 | 11,452 | 1,688,212 | 5,650 | 6,250 | 1,250 |
| total current liabilities | 228,062 | 173,787 | 131,592 | 1,689,292 | 325,806 | 861,397 | 2,360 |
| loans | 10,227,169 | 8,830,579 | 8,724,966 | 532,670 | 527,775 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 107,724 | 107,724 | 126,729 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,334,893 | 8,938,303 | 8,851,695 | 532,670 | 527,775 | 0 | 0 |
| total liabilities | 10,562,955 | 9,112,090 | 8,983,287 | 2,221,962 | 853,581 | 861,397 | 2,360 |
| net assets | 388,890 | 357,036 | 324,477 | 34,245 | 28,264 | 12,502 | -1,425 |
| total shareholders funds | 388,890 | 357,036 | 324,477 | 34,245 | 28,264 | 12,502 | -1,425 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 467 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 870 | -1,193 | -2,467 | 6,974 | 6,238 | -500 | 500 |
| Creditors | 4,249 | 1,397 | -940 | -629 | 1,709 | 0 | 0 |
| Accruals and Deferred Income | 50,026 | 40,798 | -1,676,760 | 1,682,562 | -600 | 5,000 | 1,250 |
| Deferred Taxes & Provisions | 0 | -19,005 | 126,729 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 1,488,795 | 167,661 | 7,034,700 | 1,371,012 | 0 | 870,288 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 120,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -318,447 | -536,700 | 854,037 | 1,110 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,396,590 | 105,613 | 8,192,296 | 4,895 | 527,775 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -14,663 | -5,106 | 19,324 | -3,624 | 1,708 | 3,176 | 435 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -14,663 | -5,106 | 19,324 | -3,624 | 1,708 | 3,176 | 435 |
the surelight project limited Credit Report and Business Information
The Surelight Project Limited Competitor Analysis
Perform a competitor analysis for the surelight project limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the surelight project limited Ownership
THE SURELIGHT PROJECT LIMITED group structure
The Surelight Project Limited has no subsidiary companies.
Ultimate parent company
THE SURELIGHT PROJECT LIMITED
10006203
the surelight project limited directors
The Surelight Project Limited currently has 2 directors. The longest serving directors include Mr Max Thorne (Feb 2016) and Ms Zillah Byng-Thorne (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Max Thorne | United Kingdom | 56 years | Feb 2016 | - | Director |
| Ms Zillah Byng-Thorne | England | 49 years | Feb 2017 | - | Director |
P&L
February 2023turnover
313.2k
+85%
operating profit
1m
0%
gross margin
72%
+0.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
388.9k
+0.09%
total assets
11m
+0.16%
cash
1.3k
-0.92%
net assets
Total assets minus all liabilities
Similar Companies
the surelight project limited company details
company number
10006203
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
suite 1a station court, high road, cookham, berkshire, SL6 9JF
last accounts submitted
February 2023
the surelight project 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 found 10 charges/mortgages relating to the surelight project limited. Currently there are 10 open charges and 0 have been satisfied in the past.
the surelight project limited Companies House Filings - See Documents
| date | description | view/download |
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