summix rgb developments limited
summix rgb developments limited Company Information
Company Number
10539233
Next Accounts
Sep 2025
Shareholders
scp i holdco (uk) limited
Group Structure
View All
Industry
Development of building projects
Registered Address
fifth floor, berkeley square hou, berkeley square, london, W1J 6BY
Website
www.summix.comsummix rgb developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX RGB DEVELOPMENTS LIMITED at £623.9k based on a Turnover of £1.2m and 0.5x industry multiple (adjusted for size and gross margin).
summix rgb developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX RGB DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-308.5k and a 3.95x industry multiple (adjusted for size and gross margin).
summix rgb developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX RGB DEVELOPMENTS LIMITED at £0 based on Net Assets of £-1.3m and 1.41x industry multiple (adjusted for liquidity).
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Summix Rgb Developments Limited Overview
Summix Rgb Developments Limited is a live company located in london, W1J 6BY with a Companies House number of 10539233. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2016, it's largest shareholder is scp i holdco (uk) limited with a 100% stake. Summix Rgb Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.
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Summix Rgb Developments Limited Health Check
Pomanda's financial health check has awarded Summix Rgb Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.5m)
- Summix Rgb Developments Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.8%)
- Summix Rgb Developments Limited
4.8% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
- Summix Rgb Developments Limited
27.1% - Industry AVG
Profitability
an operating margin of -24.7% make it less profitable than the average company (6.9%)
- Summix Rgb Developments Limited
6.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - Summix Rgb Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Summix Rgb Developments Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £416.5k, this is more efficient (£290.1k)
- Summix Rgb Developments Limited
£290.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Summix Rgb Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (31 days)
- Summix Rgb Developments Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1230 days, this is more than average (156 days)
- Summix Rgb Developments Limited
156 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Summix Rgb Developments Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.3%, this is a higher level of debt than the average (73.6%)
142.3% - Summix Rgb Developments Limited
73.6% - Industry AVG
SUMMIX RGB DEVELOPMENTS LIMITED financials
Summix Rgb Developments Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of -£1.3 million. According to their latest financial statements, Summix Rgb Developments Limited has 3 employees and maintains cash reserves of £4.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 3 | 3 | 3 | 3 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 8,617 | 8,617 | 8,617 | 8,617 | 8,617 | 8,617 | |
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 8,617 | 8,617 | 8,617 | 8,617 | 8,617 | 8,617 | |
| Stock & work in progress | 3,071,800 | 3,012,159 | 2,977,170 | 2,944,491 | 2,788,060 | 2,360,826 | 2,172,687 |
| Trade Debtors | |||||||
| Group Debtors | |||||||
| Misc Debtors | 3,453 | 5,549 | 3,173 | 7,308 | 20,673 | 374,337 | |
| Cash | 4,331 | 567 | 5,945 | 1,531 | 16,257 | 25,843 | |
| misc current assets | |||||||
| total current assets | 3,079,584 | 3,017,708 | 2,980,910 | 2,957,744 | 2,810,264 | 2,377,083 | 2,572,867 |
| total assets | 3,088,201 | 3,026,325 | 2,989,527 | 2,966,361 | 2,818,881 | 2,385,700 | 2,572,867 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 9,750 | 1,559 | 2,717 | 23,085 | 79,812 | 8,340 | 77,025 |
| Group/Directors Accounts | 4,352,757 | 4,017,949 | 3,617,316 | 3,347,703 | 2,925,435 | 2,400,217 | 2,496,217 |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 30,746 | 3,500 | 2,500 | 13,351 | 25,778 | 13,877 | 2,205 |
| total current liabilities | 4,393,253 | 4,023,008 | 3,622,533 | 3,384,139 | 3,031,025 | 2,422,434 | 2,575,447 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 4,393,253 | 4,023,008 | 3,622,533 | 3,384,139 | 3,031,025 | 2,422,434 | 2,575,447 |
| net assets | -1,305,052 | -996,683 | -633,006 | -417,778 | -212,144 | -36,734 | -2,580 |
| total shareholders funds | -1,305,052 | -996,683 | -633,006 | -417,778 | -212,144 | -36,734 | -2,580 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 59,641 | 34,989 | 32,679 | 156,431 | 427,234 | 188,139 | 2,172,687 |
| Debtors | -2,096 | 2,376 | -4,135 | -13,365 | 20,673 | -374,337 | 374,337 |
| Creditors | 8,191 | -1,158 | -20,368 | -56,727 | 71,472 | -68,685 | 77,025 |
| Accruals and Deferred Income | 27,246 | 1,000 | -10,851 | -12,427 | 11,901 | 11,672 | 2,205 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 8,617 | ||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 334,808 | 400,633 | 269,613 | 422,268 | 525,218 | -96,000 | 2,496,217 |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 4,331 | -567 | -5,378 | 4,414 | -14,726 | -9,586 | 25,843 |
| overdraft | |||||||
| change in cash | 4,331 | -567 | -5,378 | 4,414 | -14,726 | -9,586 | 25,843 |
summix rgb developments limited Credit Report and Business Information
Summix Rgb Developments Limited Competitor Analysis
Perform a competitor analysis for summix rgb developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in W1J area or any other competitors across 12 key performance metrics.
summix rgb developments limited Ownership
SUMMIX RGB DEVELOPMENTS LIMITED group structure
Summix Rgb Developments Limited has no subsidiary companies.
Ultimate parent company
SUMMIX GP I LIMITED
#0119654
2 parents
SUMMIX RGB DEVELOPMENTS LIMITED
10539233
summix rgb developments limited directors
Summix Rgb Developments Limited currently has 4 directors. The longest serving directors include Mr Shukri Shammas (Dec 2016) and Mr Tareq Naqib (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shukri Shammas | United Kingdom | 50 years | Dec 2016 | - | Director |
| Mr Tareq Naqib | United Kingdom | 53 years | Dec 2016 | - | Director |
| Mr Benjamin McComb | United Kingdom | 48 years | Sep 2023 | - | Director |
| Miss Niamh O'Connor | United Kingdom | 40 years | Dec 2024 | - | Director |
P&L
December 2023turnover
1.2m
+9%
operating profit
-308.5k
0%
gross margin
27.1%
+1.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.3m
+0.31%
total assets
3.1m
+0.02%
cash
4.3k
0%
net assets
Total assets minus all liabilities
summix rgb developments limited company details
company number
10539233
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
fifth floor, berkeley square hou, berkeley square, london, W1J 6BY
Bank
-
Legal Advisor
-
summix rgb developments 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 summix rgb developments limited.
summix rgb developments 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.
Click to start generating capital raising & share issue transactions for SUMMIX RGB DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
summix rgb developments limited Companies House Filings - See Documents
| date | description | view/download |
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