skt development ltd

skt development ltd Company Information

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Company Number

10403756

Industry

Private security activities

 

Activities of conference organizers

 
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Shareholders

larab kainat chaudhry

Group Structure

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Contact

Registered Address

unit 04-110,30 churchill place, canary wharf, london, E14 5RE

skt development ltd Estimated Valuation

£43.5k

Pomanda estimates the enterprise value of SKT DEVELOPMENT LTD at £43.5k based on a Turnover of £135.1k and 0.32x industry multiple (adjusted for size and gross margin).

skt development ltd Estimated Valuation

£27.6k

Pomanda estimates the enterprise value of SKT DEVELOPMENT LTD at £27.6k based on an EBITDA of £10.8k and a 2.56x industry multiple (adjusted for size and gross margin).

skt development ltd Estimated Valuation

£16.2k

Pomanda estimates the enterprise value of SKT DEVELOPMENT LTD at £16.2k based on Net Assets of £8.9k and 1.82x industry multiple (adjusted for liquidity).

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Skt Development Ltd Overview

Skt Development Ltd is a live company located in london, E14 5RE with a Companies House number of 10403756. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in September 2016, it's largest shareholder is larab kainat chaudhry with a 100% stake. Skt Development Ltd is a young, micro sized company, Pomanda has estimated its turnover at £135.1k with rapid growth in recent years.

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Skt Development Ltd Health Check

Pomanda's financial health check has awarded Skt Development Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £135.1k, make it smaller than the average company (£3.9m)

£135.1k - Skt Development Ltd

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (4.9%)

36% - Skt Development Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 19.2%, this company has a higher cost of product (31.6%)

19.2% - Skt Development Ltd

31.6% - Industry AVG

profitability

Profitability

an operating margin of 8% make it more profitable than the average company (5.8%)

8% - Skt Development Ltd

5.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (36)

1 - Skt Development Ltd

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)

£39.6k - Skt Development Ltd

£39.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £135.1k, this is more efficient (£109.9k)

£135.1k - Skt Development Ltd

£109.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 94 days, this is later than average (49 days)

94 days - Skt Development Ltd

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 90 days, this is slower than average (19 days)

90 days - Skt Development Ltd

19 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Skt Development Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Skt Development Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.4%, this is a higher level of debt than the average (67.8%)

83.4% - Skt Development Ltd

67.8% - Industry AVG

SKT DEVELOPMENT LTD financials

EXPORTms excel logo

Skt Development Ltd's latest turnover from September 2023 is estimated at £135.1 thousand and the company has net assets of £8.9 thousand. According to their latest financial statements, Skt Development Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Turnover135,06616,5939,34654,121000
Other Income Or Grants0000000
Cost Of Sales109,12013,7227,47044,822000
Gross Profit25,9462,8711,8779,299000
Admin Expenses15,1796113,6388,4751039-76
Operating Profit10,7672,260-1,761824-10-3976
Interest Payable00091000
Interest Receivable000019396
Pre-Tax Profit10,7672,260-1,761815-1083
Tax-2,692-4290-15500-16
Profit After Tax8,0751,831-1,761660-1067
Dividends Paid0000000
Retained Profit8,0751,831-1,761660-1067
Employee Costs39,60841,18233,69635,108005,700
Number Of Employees1111000
EBITDA*10,7672,260-1,761824-10-3976

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Tangible Assets18,250000000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets18,250000000
Stock & work in progress0000000
Trade Debtors35,0592,1611310,473000
Group Debtors0000000
Misc Debtors00003642,8982,898
Cash000035,1905,190
misc current assets0000000
total current assets35,0592,1611310,4733678,0888,088
total assets53,3092,1611310,4733678,0888,088
Bank overdraft0000000
Bank loan0000000
Trade Creditors 27,1861,3651,0489,747000
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities000008,0208,020
total current liabilities27,1861,3651,0489,74708,0208,020
loans000030000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities17,252000000
provisions0000000
total long term liabilities17,25200030000
total liabilities44,4381,3651,0489,7473008,0208,020
net assets8,871796-1,035726676868
total shareholders funds8,871796-1,035726676868
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Operating Activities
Operating Profit10,7672,260-1,761824-10-3976
Depreciation0000000
Amortisation0000000
Tax-2,692-4290-15500-16
Stock0000000
Debtors32,8982,148-10,46010,109-2,53402,898
Creditors25,821317-8,6999,747000
Accruals and Deferred Income0000-8,02008,020
Deferred Taxes & Provisions0000000
Cash flow from operations99800307-5,496-395,182
Investing Activities
capital expenditure-18,250000000
Change in Investments0000000
cash flow from investments-18,250000000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans000-30030000
Hire Purchase and Lease Commitments0000000
other long term liabilities17,252000000
share issue000-1001
interest000-99396
cash flow from financing17,25200-310309397
cash and cash equivalents
cash000-3-5,18705,190
overdraft0000000
change in cash000-3-5,18705,190

skt development 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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Skt Development Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for skt development ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.

skt development ltd Ownership

SKT DEVELOPMENT LTD group structure

Skt Development Ltd has no subsidiary companies.

Ultimate parent company

SKT DEVELOPMENT LTD

10403756

SKT DEVELOPMENT LTD Shareholders

larab kainat chaudhry 100%

skt development ltd directors

Skt Development Ltd currently has 3 directors. The longest serving directors include Mr Muhammad Rafique (Dec 2019) and Miss Larab Chaudhry (Oct 2023).

officercountryagestartendrole
Mr Muhammad RafiqueEngland39 years Dec 2019- Director
Miss Larab ChaudhryEngland29 years Oct 2023- Director
Mr Muhammad RafiqueEngland39 years Dec 2024- Director

P&L

September 2023

turnover

135.1k

+714%

operating profit

10.8k

0%

gross margin

19.3%

+11.03%

turnover

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

Balance Sheet

September 2023

net assets

8.9k

+10.14%

total assets

53.3k

+23.67%

cash

0

0%

net assets

Total assets minus all liabilities

skt development ltd company details

company number

10403756

Type

Private limited with Share Capital

industry

78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

80100 - Private security activities

82302 - Activities of conference organizers

incorporation date

September 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

zr development ltd (July 2020)

accountant

-

auditor

-

address

unit 04-110,30 churchill place, canary wharf, london, E14 5RE

Bank

-

Legal Advisor

-

skt development 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 skt development ltd.

skt development 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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skt development ltd Companies House Filings - See Documents

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