summix ifw developments limited
summix ifw developments limited Company Information
Company Number
10878021
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 ifw developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX IFW DEVELOPMENTS LIMITED at £444.5k based on a Turnover of £876k and 0.51x industry multiple (adjusted for size and gross margin).
summix ifw developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX IFW DEVELOPMENTS LIMITED at £12.7k based on an EBITDA of £3.3k and a 3.9x industry multiple (adjusted for size and gross margin).
summix ifw developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX IFW DEVELOPMENTS LIMITED at £0 based on Net Assets of £-1.5m and 1.49x industry multiple (adjusted for liquidity).
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Summix Ifw Developments Limited Overview
Summix Ifw Developments Limited is a live company located in london, W1J 6BY with a Companies House number of 10878021. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2017, it's largest shareholder is scp i holdco (uk) limited with a 100% stake. Summix Ifw Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £876k with declining growth in recent years.
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Summix Ifw Developments Limited Health Check
Pomanda's financial health check has awarded Summix Ifw Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
5 Weak
Size
annual sales of £876k, make it smaller than the average company (£2.5m)
- Summix Ifw Developments Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.8%)
- Summix Ifw 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 Ifw Developments Limited
27.1% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (7%)
- Summix Ifw Developments Limited
7% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - Summix Ifw Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Summix Ifw Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £292k, this is equally as efficient (£292k)
- Summix Ifw Developments Limited
£292k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Summix Ifw Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Summix Ifw Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Summix Ifw Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Summix Ifw Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20237.5%, this is a higher level of debt than the average (73.4%)
20237.5% - Summix Ifw Developments Limited
73.4% - Industry AVG
SUMMIX IFW DEVELOPMENTS LIMITED financials
Summix Ifw Developments Limited's latest turnover from December 2023 is estimated at £876 thousand and the company has net assets of -£1.5 million. According to their latest financial statements, Summix Ifw Developments Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 7,008 | 7,008 | 7,008 | 7,008 | 7,008 | 7,008 | |
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 7,008 | 7,008 | 7,008 | 7,008 | 7,008 | 7,008 | |
| Stock & work in progress | 1,605,000 | 3,381,635 | 3,269,214 | 805,432 | |||
| Trade Debtors | |||||||
| Group Debtors | |||||||
| Misc Debtors | 610 | 294 | 2,284 | 7,854 | 113,022 | ||
| Cash | 3,412 | 4,595 | 2 | 372 | 1 | ||
| misc current assets | |||||||
| total current assets | 610 | 1,608,706 | 3,388,514 | 3,277,070 | 918,826 | 1 | |
| total assets | 7,618 | 7,008 | 1,615,714 | 3,395,522 | 3,284,078 | 925,834 | 1 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 13,904 | 14,634 | 9,048 | ||||
| Group/Directors Accounts | 1,523,794 | 1,526,134 | 3,500,848 | 3,298,095 | 2,998,238 | 939,269 | |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 17,896 | 17,396 | 17,169 | 29,787 | 24,387 | 7,392 | |
| total current liabilities | 1,541,690 | 1,543,530 | 3,518,017 | 3,341,786 | 3,037,259 | 955,709 | |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 1,541,690 | 1,543,530 | 3,518,017 | 3,341,786 | 3,037,259 | 955,709 | |
| net assets | -1,534,072 | -1,536,522 | -1,902,303 | 53,736 | 246,819 | -29,875 | 1 |
| total shareholders funds | -1,534,072 | -1,536,522 | -1,902,303 | 53,736 | 246,819 | -29,875 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -1,605,000 | -1,776,635 | 112,421 | 2,463,782 | 805,432 | ||
| Debtors | 610 | -294 | -1,990 | -5,570 | -105,168 | 113,022 | |
| Creditors | -13,904 | -730 | 5,586 | 9,048 | |||
| Accruals and Deferred Income | 500 | 227 | -12,618 | 5,400 | 16,995 | 7,392 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 7,008 | ||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -2,340 | -1,974,714 | 202,753 | 299,857 | 2,058,969 | 939,269 | |
| 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 | -3,412 | -1,183 | 4,593 | -370 | 371 | 1 | |
| overdraft | |||||||
| change in cash | -3,412 | -1,183 | 4,593 | -370 | 371 | 1 |
summix ifw developments limited Credit Report and Business Information
Summix Ifw Developments Limited Competitor Analysis
Perform a competitor analysis for summix ifw 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 ifw developments limited Ownership
SUMMIX IFW DEVELOPMENTS LIMITED group structure
Summix Ifw Developments Limited has no subsidiary companies.
Ultimate parent company
SUMMIX GP I LIMITED
#0119654
2 parents
SUMMIX IFW DEVELOPMENTS LIMITED
10878021
summix ifw developments limited directors
Summix Ifw Developments Limited currently has 4 directors. The longest serving directors include Mr Shukri Shammas (Jul 2017) and Mr Tareq Naqib (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shukri Shammas | United Kingdom | 50 years | Jul 2017 | - | Director |
| Mr Tareq Naqib | United Kingdom | 53 years | Jul 2017 | - | 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
876k
+5%
operating profit
3.3k
0%
gross margin
27.2%
+1.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.5m
0%
total assets
7.6k
+0.09%
cash
0
0%
net assets
Total assets minus all liabilities
summix ifw developments limited company details
company number
10878021
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2017
age
8
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 ifw 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 ifw developments limited.
summix ifw 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 IFW DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
summix ifw developments limited Companies House Filings - See Documents
| date | description | view/download |
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