starfit installations ltd
starfit installations ltd Company Information
Company Number
10608791
Next Accounts
Dec 2025
Shareholders
satvinder matharu
Group Structure
View All
Industry
Other building completion and finishing
Registered Address
43 bridge road, grays, essex, RM17 6BU
Website
-starfit installations ltd Estimated Valuation
Pomanda estimates the enterprise value of STARFIT INSTALLATIONS LTD at £71.7k based on a Turnover of £273.1k and 0.26x industry multiple (adjusted for size and gross margin).
starfit installations ltd Estimated Valuation
Pomanda estimates the enterprise value of STARFIT INSTALLATIONS LTD at £64.2k based on an EBITDA of £22.1k and a 2.9x industry multiple (adjusted for size and gross margin).
starfit installations ltd Estimated Valuation
Pomanda estimates the enterprise value of STARFIT INSTALLATIONS LTD at £127.1k based on Net Assets of £52.7k and 2.41x industry multiple (adjusted for liquidity).
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Starfit Installations Ltd Overview
Starfit Installations Ltd is a live company located in essex, RM17 6BU with a Companies House number of 10608791. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in February 2017, it's largest shareholder is satvinder matharu with a 100% stake. Starfit Installations Ltd is a young, micro sized company, Pomanda has estimated its turnover at £273.1k with healthy growth in recent years.
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Starfit Installations Ltd Health Check
Pomanda's financial health check has awarded Starfit Installations Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £273.1k, make it in line with the average company (£337.1k)
- Starfit Installations Ltd
£337.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (12.4%)
- Starfit Installations Ltd
12.4% - Industry AVG
Production
with a gross margin of 14.4%, this company has a higher cost of product (23.5%)
- Starfit Installations Ltd
23.5% - Industry AVG
Profitability
an operating margin of 8.1% make it more profitable than the average company (5.4%)
- Starfit Installations Ltd
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Starfit Installations Ltd
3 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)
- Starfit Installations Ltd
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £273.1k, this is more efficient (£136.9k)
- Starfit Installations Ltd
£136.9k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (48 days)
- Starfit Installations Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (29 days)
- Starfit Installations Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Starfit Installations Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Starfit Installations Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.4%, this is a lower level of debt than the average (73.8%)
58.4% - Starfit Installations Ltd
73.8% - Industry AVG
STARFIT INSTALLATIONS LTD financials
Starfit Installations Ltd's latest turnover from March 2024 is estimated at £273.1 thousand and the company has net assets of £52.7 thousand. According to their latest financial statements, Starfit Installations Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 3 | 3 | 3 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 36,767 | 3,322 | 4,430 | 5,906 | 7,875 | ||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 36,767 | 3,322 | 4,430 | 5,906 | 7,875 | ||
| Stock & work in progress | |||||||
| Trade Debtors | 89,909 | 105,162 | 88,498 | 85,122 | 148,701 | 70,097 | 12,377 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 89,909 | 105,162 | 88,498 | 85,122 | 148,701 | 70,097 | 12,377 |
| total assets | 126,676 | 108,484 | 92,928 | 91,028 | 156,576 | 70,097 | 12,377 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 37,647 | 57,272 | 34,623 | 5,433 | 40,274 | 29,392 | 4,767 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 37,647 | 57,272 | 34,623 | 5,433 | 40,274 | 29,392 | 4,767 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 36,320 | 15,104 | 28,551 | 45,000 | |||
| provisions | |||||||
| total long term liabilities | 36,320 | 15,104 | 28,551 | 45,000 | |||
| total liabilities | 73,967 | 72,376 | 63,174 | 50,433 | 40,274 | 29,392 | 4,767 |
| net assets | 52,709 | 36,108 | 29,754 | 40,595 | 116,302 | 40,705 | 7,610 |
| total shareholders funds | 52,709 | 36,108 | 29,754 | 40,595 | 116,302 | 40,705 | 7,610 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -15,253 | 16,664 | 3,376 | -63,579 | 78,604 | 57,720 | 12,377 |
| Creditors | -19,625 | 22,649 | 29,190 | -34,841 | 10,882 | 24,625 | 4,767 |
| Accruals and Deferred Income | |||||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | 21,216 | -13,447 | -16,449 | 45,000 | |||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
starfit installations ltd Credit Report and Business Information
Starfit Installations Ltd Competitor Analysis
Perform a competitor analysis for starfit installations ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in RM17 area or any other competitors across 12 key performance metrics.
starfit installations ltd Ownership
STARFIT INSTALLATIONS LTD group structure
Starfit Installations Ltd has no subsidiary companies.
Ultimate parent company
STARFIT INSTALLATIONS LTD
10608791
starfit installations ltd directors
Starfit Installations Ltd currently has 2 directors. The longest serving directors include Mr Satvinder Matharu (Dec 2018) and Mr Gurdave Matharu (Nov 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Satvinder Matharu | England | 56 years | Dec 2018 | - | Director |
| Mr Gurdave Matharu | United Kingdom | 60 years | Nov 2024 | - | Director |
P&L
March 2024turnover
273.1k
-23%
operating profit
22.1k
0%
gross margin
14.5%
-1.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
52.7k
+0.46%
total assets
126.7k
+0.17%
cash
0
0%
net assets
Total assets minus all liabilities
starfit installations ltd company details
company number
10608791
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
43 bridge road, grays, essex, RM17 6BU
Bank
-
Legal Advisor
-
starfit installations 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 starfit installations ltd.
starfit installations 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.
Click to start generating capital raising & share issue transactions for STARFIT INSTALLATIONS LTD. This can take several minutes, an email will notify you when this has completed.
starfit installations ltd Companies House Filings - See Documents
| date | description | view/download |
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