Pomanda estimates the enterprise value of SSK PROVISIONS LIMITED at £199.3k based on a Turnover of £821.4k and 0.24x industry multiple (adjusted for size and gross margin).
ssk provisions limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SSK PROVISIONS LIMITED at £0 based on an EBITDA of £-140.1k and a 2.88x industry multiple (adjusted for size and gross margin).
ssk provisions limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SSK PROVISIONS LIMITED at £0 based on Net Assets of £-240.5k and 2.14x industry multiple (adjusted for liquidity).
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Ssk Provisions LimitedOverview
Ssk Provisions Limited is a live company located in london, N16 0JU with a Companies House number of 11242229. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in March 2018, it's largest shareholder is
thomas saunders
with a 50% stake. Ssk Provisions Limited is a young,
small sized company, Pomanda has estimated its turnover at
£821.4k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Ssk Provisions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £821.4k, make it larger than the average company (£307.5k)
£821.4k - Ssk Provisions Limited
£307.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 61%, show it is growing at a faster rate (3.4%)
61% - Ssk Provisions Limited
3.4% - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (36.2%)
19.4% - Ssk Provisions Limited
36.2% - Industry AVG
Profitability
an operating margin of -17% make it less profitable than the average company (2.8%)
-17% - Ssk Provisions Limited
2.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Ssk Provisions Limited
4 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
£28.9k - Ssk Provisions Limited
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £273.8k, this is more efficient (£160k)
£273.8k - Ssk Provisions Limited
£160k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (22 days)
59 days - Ssk Provisions Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 206 days, this is slower than average (34 days)
206 days - Ssk Provisions Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ssk Provisions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ssk Provisions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 275.3%, this is a higher level of debt than the average (72.4%)
275.3% - Ssk Provisions Limited
72.4% - Industry AVG
SSK PROVISIONS LIMITED financials
EXPORT
Ssk Provisions Limited's latest turnover from March 2024 is estimated at £821.4 thousand and the company has net assets of -£240.5 thousand. According to their latest financial statements, Ssk Provisions Limited has 3 employees 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
Turnover
821,425
590,079
265,432
195,547
5,265
5,794
Other Income Or Grants
Cost Of Sales
662,444
472,413
207,445
151,899
4,064
4,388
Gross Profit
158,981
117,667
57,987
43,649
1,201
1,406
Admin Expenses
299,042
123,157
177,673
12,748
-831
3,358
Operating Profit
-140,061
-5,490
-119,686
30,901
2,032
-1,952
Interest Payable
Interest Receivable
Pre-Tax Profit
-140,061
-5,490
-119,686
30,901
2,032
-1,952
Tax
-5,871
-386
Profit After Tax
-140,061
-5,490
-119,686
25,030
1,646
-1,952
Dividends Paid
Retained Profit
-140,061
-5,490
-119,686
25,030
1,646
-1,952
Employee Costs
86,733
81,453
27,525
27,042
26,621
28,732
Number Of Employees
3
3
1
1
1
1
EBITDA*
-140,061
-5,490
-119,686
30,901
2,032
-1,952
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
3,191
2,195
369
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,191
2,195
369
Stock & work in progress
Trade Debtors
133,971
131,677
41,489
69,995
1,493
1,015
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
133,971
131,677
41,489
69,995
1,493
1,015
total assets
137,162
133,872
41,858
69,995
1,493
1,015
Bank overdraft
Bank loan
Trade Creditors
374,915
217,857
135,285
40,426
1,194
2,512
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
374,915
217,857
135,285
40,426
1,194
2,512
loans
hp & lease commitments
Accruals and Deferred Income
2,760
2,480
1,535
4,845
605
455
other liabilities
13,987
provisions
total long term liabilities
2,760
16,467
1,535
4,845
605
455
total liabilities
377,675
234,324
136,820
45,271
1,799
2,967
net assets
-240,513
-100,452
-94,962
24,724
-306
-1,952
total shareholders funds
-240,513
-100,452
-94,962
24,724
-306
-1,952
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
-140,061
-5,490
-119,686
30,901
2,032
-1,952
Depreciation
Amortisation
Tax
-5,871
-386
Stock
Debtors
2,294
90,188
-28,506
68,502
478
1,015
Creditors
157,058
82,572
94,859
39,232
-1,318
2,512
Accruals and Deferred Income
280
945
-3,310
4,240
150
455
Deferred Taxes & Provisions
Cash flow from operations
14,983
-12,161
369
Investing Activities
capital expenditure
-996
-1,826
-369
Change in Investments
cash flow from investments
-996
-1,826
-369
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-13,987
13,987
share issue
interest
cash flow from financing
-13,987
13,987
cash and cash equivalents
cash
overdraft
change in cash
ssk provisions limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ssk provisions limited. Get real-time insights into ssk provisions limited's credit score, group structure and payment trends.
Perform a competitor analysis for ssk provisions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N16 area or any other competitors across 12 key performance metrics.
ssk provisions limited Ownership
SSK PROVISIONS LIMITED group structure
Ssk Provisions Limited has no subsidiary companies.
Ultimate parent company
SSK PROVISIONS LIMITED
11242229
SSK PROVISIONS LIMITED Shareholders
The largest shareholders in Ssk Provisions Limited include Thomas Saunders and Helen Amelia Symonds.
thomas saunders
50%
helen amelia symonds
50%
ssk provisions limited directors
Ssk Provisions Limited currently has 2 directors.
The longest serving directors include
Ms Helen Symonds (Mar 2018) and
Mr Thomas Saunders (May 2020).
47910 - Retail sale via mail order houses or via Internet
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
lucky hedgehog limited (May 2020)
accountant
-
auditor
-
address
136 stoke newington church stree, stoke newington church street, london, N16 0JU
Bank
-
Legal Advisor
-
ssk provisions 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 found 1 charges/mortgages relating to ssk provisions limited. Currently there are 0 open charges and 1 have been satisfied in the past.
ssk provisions 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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ssk provisions limitedCompanies House Filings - See Documents
