Sofkim Limited

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sofkim limited Company Information

Live

YoungMicroHigh

Company Number

10049202

Website

Registered Address

21 park way, enfield, middlesex, EN2 7DS

Industry

Bookkeeping activities

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Kim Petrou8 Years

Shareholders

kim petrou 66.7%

sofia petrou 33.3%

sofkim limited Estimated Valuation

£77.7k

Pomanda estimates the enterprise value of SOFKIM LIMITED at £77.7k based on Net Assets of £17.6k and 4.41x industry multiple (adjusted for liquidity).

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Sofkim Limited is a live company located in middlesex, EN2 7DS with a Companies House number of 10049202. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in March 2016, it's largest shareholder is kim petrou with a 66.7% stake. Sofkim Limited is a young, micro sized company, Pomanda has estimated its turnover at £44k with high growth in recent years.

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Pomanda's financial health check has awarded Sofkim Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

2 Regular

4 Weak

Size

annual sales of £44k, make it smaller than the average company (£83.2k)

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4.6%)

EXPORT

Sofkim Limited's latest turnover from March 2023 is estimated at £44 thousand and the company has net assets of £17.6 thousand. According to their latest financial statements, Sofkim Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Turnover	43,972	55,868	49,357	27,813	50,624	27,817	33,435
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	27,419	35,720	32,089	16,179	16,518	9,068	13,598
Gross Profit	16,553	20,148	17,268	11,634	34,106	18,749	19,837
Admin Expenses	6,770	10,213	16,054	11,027	34,474	18,129	19,792
Operating Profit	9,783	9,935	1,214	607	-368	620	45
Interest Payable	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0
Pre-Tax Profit	9,783	9,935	1,214	607	-368	620	45
Tax	-1,859	-1,888	-231	-115	0	-118	-9
Profit After Tax	7,924	8,047	983	492	-368	502	36
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	7,924	8,047	983	492	-368	502	36
Employee Costs	30,329	31,175	30,527	26,068	14,656	13,902	21,977
Number Of Employees	2	2	2	2	1	1	1
EBITDA*	9,783	9,935	1,214	607	-368	620	45

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Tangible Assets	4,419	3,119	1,865	1,544	1,073	787	926
Intangible Assets	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0
Total Fixed Assets	4,419	3,119	1,865	1,544	1,073	787	926
Stock & work in progress	0	0	0	0	0	0	0
Trade Debtors	19,354	31,018	27,043	7,382	16,817	8,906	10,007
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0
misc current assets	0	0	0	0	2,500	0	0
total current assets	19,354	31,018	27,043	7,382	19,317	8,906	10,007
total assets	23,773	34,137	28,908	8,926	20,390	9,693	10,933
Bank overdraft	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0
Trade Creditors	3,465	20,853	21,763	8,264	0	9,155	10,897
Group/Directors Accounts	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0
total current liabilities	3,465	20,853	21,763	8,264	0	9,155	10,897
loans	0	0	0	0	0	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	2,692	3,592	5,500	0	20,220	0	0
provisions	0	0	0	0	0	0	0
total long term liabilities	2,692	3,592	5,500	0	20,220	0	0
total liabilities	6,157	24,445	27,263	8,264	20,220	9,155	10,897
net assets	17,616	9,692	1,645	662	170	538	36
total shareholders funds	17,616	9,692	1,645	662	170	538	36

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Operating Activities
Operating Profit	9,783	9,935	1,214	607	-368	620	45
Depreciation	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0
Tax	-1,859	-1,888	-231	-115	0	-118	-9
Stock	0	0	0	0	0	0	0
Debtors	-11,664	3,975	19,661	-9,435	7,911	-1,101	10,007
Creditors	-17,388	-910	13,499	8,264	-9,155	-1,742	10,897
Accruals and Deferred Income	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0
Cash flow from operations	2,200	3,162	-5,179	18,191	-17,434	-139	926
Investing Activities
capital expenditure	-1,300	-1,254	-321	-471	-286	139	-926
Change in Investments	0	0	0	0	0	0	0
cash flow from investments	-1,300	-1,254	-321	-471	-286	139	-926
Financing Activities
Bank loans	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0
other long term liabilities	-900	-1,908	5,500	-20,220	20,220	0	0
share issue	0	0	0	0	0	0	0
interest	0	0	0	0	0	0	0
cash flow from financing	-900	-1,908	5,500	-20,220	20,220	0	0
cash and cash equivalents
cash	0	0	0	0	0	0	0
overdraft	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for sofkim limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EN2 area or any other competitors across 12 key performance metrics.

SOFKIM LIMITED group structure

Sofkim Limited has no subsidiary companies.

Ultimate parent company

SOFKIM LIMITED

10049202

SOFKIM LIMITED Shareholders

kim petrou	66.67%
sofia petrou	33.33%

Sofkim Limited currently has 1 director, Kim Petrou serving since Mar 2016.

officer	country	age	start	end	role
Kim Petrou	United Kingdom	62 years	Mar 2016	-	Director

P&L

March 2023

turnover

44k

-21%

operating profit

9.8k

gross margin

37.7%

+4.39%

turnover

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

Balance Sheet

March 2023

net assets

17.6k

+0.82%

total assets

23.8k

-0.3%

cash

net assets

Total assets minus all liabilities

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company number

10049202

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

incorporation date

March 2016

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

21 park way, enfield, middlesex, EN2 7DS

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 sofkim limited.

sofkim limited Company Information

sofkim limited Estimated Valuation

sofkim limited Estimated Valuation

sofkim limited Estimated Valuation

Sofkim Limited Overview

Sofkim Limited Health Check

SOFKIM LIMITED financials

sofkim limited Credit Report and Business Information

Sofkim Limited Competitor Analysis

sofkim limited Ownership

sofkim limited directors

sofkim limited company details

sofkim limited Charges & Mortgages

sofkim limited Companies House Filings - See Documents