sassyco limited
sassyco limited Company Information
Company Number
10689292
Next Accounts
Dec 2024
Industry
Retail sale via mail order houses or via Internet
Directors
Shareholders
rere winifred olarimi
Group Structure
View All
Contact
Registered Address
1 duke's passage, brighton, east sussex, BN1 1BS
Website
-sassyco limited Estimated Valuation
Pomanda estimates the enterprise value of SASSYCO LIMITED at £12.7k based on a Turnover of £50.7k and 0.25x industry multiple (adjusted for size and gross margin).
sassyco limited Estimated Valuation
Pomanda estimates the enterprise value of SASSYCO LIMITED at £0 based on an EBITDA of £-1.8k and a 2.9x industry multiple (adjusted for size and gross margin).
sassyco limited Estimated Valuation
Pomanda estimates the enterprise value of SASSYCO LIMITED at £0 based on Net Assets of £-988 and 2.27x industry multiple (adjusted for liquidity).
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Sassyco Limited Overview
Sassyco Limited is a live company located in east sussex, BN1 1BS with a Companies House number of 10689292. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in March 2017, it's largest shareholder is rere winifred olarimi with a 100% stake. Sassyco Limited is a young, micro sized company, Pomanda has estimated its turnover at £50.7k with declining growth in recent years.
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Sassyco Limited Health Check
Pomanda's financial health check has awarded Sassyco Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £50.7k, make it smaller than the average company (£350.9k)
- Sassyco Limited
£350.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.1%)
- Sassyco Limited
6.1% - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (36.6%)
- Sassyco Limited
36.6% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (2.1%)
- Sassyco Limited
2.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Sassyco Limited
4 - Industry AVG
Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
- Sassyco Limited
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £50.7k, this is less efficient (£167.2k)
- Sassyco Limited
£167.2k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (23 days)
- Sassyco Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (34 days)
- Sassyco Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sassyco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sassyco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.5%, this is a higher level of debt than the average (74.3%)
108.5% - Sassyco Limited
74.3% - Industry AVG
SASSYCO LIMITED financials
Sassyco Limited's latest turnover from March 2023 is estimated at £50.7 thousand and the company has net assets of -£988. According to their latest financial statements, Sassyco Limited has 1 employee 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 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,972 | 1,658 | 2,072 | 625 | 781 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,972 | 1,658 | 2,072 | 625 | 781 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,673 | 12,682 | 14,107 | 13,506 | 8,433 | 3,045 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,673 | 12,682 | 14,107 | 13,506 | 8,433 | 3,045 |
| total assets | 11,645 | 14,340 | 16,179 | 14,131 | 9,214 | 3,045 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,633 | 13,512 | 15,833 | 12,311 | 9,779 | 5,808 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 12,633 | 13,512 | 15,833 | 12,311 | 9,779 | 5,808 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 12,633 | 13,512 | 15,833 | 12,311 | 9,779 | 5,808 |
| net assets | -988 | 828 | 346 | 1,820 | -565 | -2,763 |
| total shareholders funds | -988 | 828 | 346 | 1,820 | -565 | -2,763 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | |||||
| Amortisation | 0 | |||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,009 | -1,425 | 601 | 5,073 | 5,388 | 3,045 |
| Creditors | -879 | -2,321 | 3,522 | 2,532 | 3,971 | 5,808 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
sassyco limited Credit Report and Business Information
Sassyco Limited Competitor Analysis
Perform a competitor analysis for sassyco limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.
sassyco limited Ownership
SASSYCO LIMITED group structure
Sassyco Limited has no subsidiary companies.
Ultimate parent company
SASSYCO LIMITED
10689292
sassyco limited directors
Sassyco Limited currently has 1 director, Ms Rere Olarimi serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rere Olarimi | England | 47 years | Mar 2017 | - | Director |
P&L
March 2023turnover
50.7k
-18%
operating profit
-1.8k
0%
gross margin
20%
-9.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-988
-2.19%
total assets
11.6k
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
sassyco limited company details
company number
10689292
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
1 duke's passage, brighton, east sussex, BN1 1BS
Bank
-
Legal Advisor
-
sassyco 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 sassyco limited.
sassyco 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.
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sassyco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
