sorento solutions ltd
sorento solutions ltd Company Information
Company Number
11265953
Next Accounts
416 days late
Shareholders
tahir iqbal
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
6-8 claremont business centre, claremont road, surbiton, KT6 4QU
Website
sorentosystems.com.ausorento solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SORENTO SOLUTIONS LTD at £28.8k based on a Turnover of £54.2k and 0.53x industry multiple (adjusted for size and gross margin).
sorento solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SORENTO SOLUTIONS LTD at £0 based on an EBITDA of £-1.5k and a 3.16x industry multiple (adjusted for size and gross margin).
sorento solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SORENTO SOLUTIONS LTD at £0 based on Net Assets of £-7.9k and 2.41x industry multiple (adjusted for liquidity).
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Sorento Solutions Ltd Overview
Sorento Solutions Ltd is a live company located in surbiton, KT6 4QU with a Companies House number of 11265953. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2018, it's largest shareholder is tahir iqbal with a 100% stake. Sorento Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £54.2k with rapid growth in recent years.
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Sorento Solutions Ltd Health Check
Pomanda's financial health check has awarded Sorento Solutions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £54.2k, make it smaller than the average company (£784.5k)
- Sorento Solutions Ltd
£784.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (3.6%)
- Sorento Solutions Ltd
3.6% - Industry AVG
Production
with a gross margin of 18.5%, this company has a higher cost of product (39.6%)
- Sorento Solutions Ltd
39.6% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (7.1%)
- Sorento Solutions Ltd
7.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
- Sorento Solutions Ltd
15 - Industry AVG
Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
- Sorento Solutions Ltd
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £54.2k, this is less efficient (£68.5k)
- Sorento Solutions Ltd
£68.5k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (28 days)
- Sorento Solutions Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 209 days, this is slower than average (41 days)
- Sorento Solutions Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sorento Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sorento Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.3%, this is a higher level of debt than the average (39%)
145.3% - Sorento Solutions Ltd
39% - Industry AVG
SORENTO SOLUTIONS LTD financials
Sorento Solutions Ltd's latest turnover from March 2022 is estimated at £54.2 thousand and the company has net assets of -£7.9 thousand. According to their latest financial statements, we estimate that Sorento Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|
| 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 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|
| Tangible Assets | 7,624 | 0 | 4,123 | 3,588 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,624 | 0 | 4,123 | 3,588 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,832 | 2,711 | 1,524 | 965 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 9,832 | 2,711 | 1,524 | 965 |
| total assets | 17,456 | 2,711 | 5,647 | 4,553 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,368 | 9,143 | 12,436 | 9,644 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 25,368 | 9,143 | 12,436 | 9,644 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 25,368 | 9,143 | 12,436 | 9,644 |
| net assets | -7,912 | -6,432 | -6,789 | -5,091 |
| total shareholders funds | -7,912 | -6,432 | -6,789 | -5,091 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 7,121 | 1,187 | 559 | 965 |
| Creditors | 16,225 | -3,293 | 2,792 | 9,644 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
sorento solutions ltd Credit Report and Business Information
Sorento Solutions Ltd Competitor Analysis
Perform a competitor analysis for sorento solutions ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in KT6 area or any other competitors across 12 key performance metrics.
sorento solutions ltd Ownership
SORENTO SOLUTIONS LTD group structure
Sorento Solutions Ltd has no subsidiary companies.
Ultimate parent company
SORENTO SOLUTIONS LTD
11265953
sorento solutions ltd directors
Sorento Solutions Ltd currently has 2 directors. The longest serving directors include Mr Tahir Iqbal (Mar 2022) and Mr Ahsan Ullah (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tahir Iqbal | England | 55 years | Mar 2022 | - | Director |
| Mr Ahsan Ullah | England | 46 years | Dec 2022 | - | Director |
P&L
March 2022turnover
54.2k
+209%
operating profit
-1.5k
0%
gross margin
18.5%
+6.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-7.9k
+0.23%
total assets
17.5k
+5.44%
cash
0
0%
net assets
Total assets minus all liabilities
sorento solutions ltd company details
company number
11265953
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
-
address
6-8 claremont business centre, claremont road, surbiton, KT6 4QU
Bank
-
Legal Advisor
-
sorento solutions 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 sorento solutions ltd.
sorento solutions 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 SORENTO SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
sorento solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
