sip communications group ltd

sip communications group ltd Company Information

Share SIP COMMUNICATIONS GROUP LTD
Dissolved 

Company Number

11086803

Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Shareholders

content+cloud limited

Group Structure

View All

Contact

Registered Address

lowry mill lees street, swinton, manchester, M27 6DB

Website

sipcom.com

sip communications group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SIP COMMUNICATIONS GROUP LTD at £0 based on a Turnover of £0 and 1.14x industry multiple (adjusted for size and gross margin).

sip communications group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SIP COMMUNICATIONS GROUP LTD at £0 based on an EBITDA of £-4.2k and a 4.41x industry multiple (adjusted for size and gross margin).

sip communications group ltd Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of SIP COMMUNICATIONS GROUP LTD at £3.7m based on Net Assets of £2.8m and 1.31x industry multiple (adjusted for liquidity).

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Sip Communications Group Ltd Overview

Sip Communications Group Ltd is a dissolved company that was located in manchester, M27 6DB with a Companies House number of 11086803. It operated in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2017, it's largest shareholder was content+cloud limited with a 100% stake. The last turnover for Sip Communications Group Ltd was estimated at £0.

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Sip Communications Group Ltd Health Check

Pomanda's financial health check has awarded Sip Communications Group Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (105)

- - Sip Communications Group Ltd

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sip Communications Group Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)

- - Sip Communications Group Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29%, this is a lower level of debt than the average (71.5%)

- - Sip Communications Group Ltd

- - Industry AVG

SIP COMMUNICATIONS GROUP LTD financials

EXPORTms excel logo

Sip Communications Group Ltd's latest turnover from March 2021 is 0 and the company has net assets of £2.8 million. According to their latest financial statements, we estimate that Sip Communications Group Ltd has 1 employee and maintains cash reserves of £284 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2021Mar 2020Mar 2019
Turnover002,614,028
Other Income Or Grants000
Cost Of Sales001,739,619
Gross Profit00874,409
Admin Expenses4,2201,118967,139
Operating Profit-4,220-1,118-92,730
Interest Payable29,03334,3450
Interest Receivable002,490
Pre-Tax Profit-33,253-35,463-90,240
Tax-14,76014,7600
Profit After Tax-48,013-20,703-90,240
Dividends Paid000
Retained Profit-48,013-20,703-90,240
Employee Costs00647,969
Number Of Employees1118
EBITDA*-4,220-1,118-92,730

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2021Mar 2020Mar 2019
Tangible Assets000
Intangible Assets000
Investments & Other4,000,0004,000,0004,000,000
Debtors (Due After 1 year)000
Total Fixed Assets4,000,0004,000,0004,000,000
Stock & work in progress000
Trade Debtors0013,537
Group Debtors000
Misc Debtors025,5900
Cash2849,268663,967
misc current assets000
total current assets28434,858677,504
total assets4,000,2844,034,8584,677,504
Bank overdraft801780
Bank loan0143,0000
Trade Creditors 001,195,744
Group/Directors Accounts1,159,160321,2230
other short term finances000
hp & lease commitments000
other current liabilities0252,4000
total current liabilities1,159,240716,8011,195,744
loans0429,0000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities00572,000
provisions000
total long term liabilities0429,000572,000
total liabilities1,159,2401,145,8011,767,744
net assets2,841,0442,889,0572,909,760
total shareholders funds2,841,0442,889,0572,909,760
Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-4,220-1,118-92,730
Depreciation000
Amortisation000
Tax-14,76014,7600
Stock000
Debtors-25,59012,05313,537
Creditors0-1,195,7441,195,744
Accruals and Deferred Income-252,400252,4000
Deferred Taxes & Provisions000
Cash flow from operations-245,790-941,7551,089,477
Investing Activities
capital expenditure000
Change in Investments004,000,000
cash flow from investments00-4,000,000
Financing Activities
Bank loans-143,000143,0000
Group/Directors Accounts837,937321,2230
Other Short Term Loans 000
Long term loans-429,000429,0000
Hire Purchase and Lease Commitments000
other long term liabilities0-572,000572,000
share issue003,000,000
interest-29,033-34,3452,490
cash flow from financing236,904286,8783,574,490
cash and cash equivalents
cash-8,984-654,699663,967
overdraft-981780
change in cash-8,886-654,877663,967

sip communications group 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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Sip Communications Group Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sip communications group ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in M27 area or any other competitors across 12 key performance metrics.

sip communications group ltd Ownership

SIP COMMUNICATIONS GROUP LTD group structure

Sip Communications Group Ltd has no subsidiary companies.

Ultimate parent company

ADVANIA AB

#0151268

2 parents

SIP COMMUNICATIONS GROUP LTD

11086803

SIP COMMUNICATIONS GROUP LTD Shareholders

content+cloud limited 100%

sip communications group ltd directors

Sip Communications Group Ltd currently has 2 directors. The longest serving directors include Mr Andrew Insley (Feb 2021) and Mr Geoffrey Yates-Kneen (Feb 2021).

officercountryagestartendrole
Mr Andrew InsleyEngland46 years Feb 2021- Director
Mr Geoffrey Yates-KneenUnited Kingdom54 years Feb 2021- Director

P&L

March 2021

turnover

0

0%

operating profit

-4.2k

+277%

gross margin

0%

0%

turnover

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

Balance Sheet

March 2021

net assets

2.8m

-0.02%

total assets

4m

-0.01%

cash

284

-0.97%

net assets

Total assets minus all liabilities

sip communications group ltd company details

company number

11086803

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

ADVANIA AB

accounts

Full Accounts

last accounts submitted

March 2021

previous names

N/A

accountant

-

auditor

RSM UK AUDIT LLP

address

lowry mill lees street, swinton, manchester, M27 6DB

Bank

-

Legal Advisor

-

sip communications group 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 found 3 charges/mortgages relating to sip communications group ltd. Currently there are 1 open charges and 2 have been satisfied in the past.

sip communications group 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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sip communications group ltd Companies House Filings - See Documents

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