spyk limited

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spyk limited Company Information

Share SPYK LIMITED

Company Number

11367064

Shareholders

pritben nayee

sanjay nayee

Group Structure

View All

Industry

Buying and selling of own real estate

 +1

Registered Address

70 eastern ave, pinner, middlesex, HA5 1NJ

Website

-

spyk limited Estimated Valuation

£14.9k

Pomanda estimates the enterprise value of SPYK LIMITED at £14.9k based on a Turnover of £6.9k and 2.18x industry multiple (adjusted for size and gross margin).

spyk limited Estimated Valuation

£6.5k

Pomanda estimates the enterprise value of SPYK LIMITED at £6.5k based on an EBITDA of £1.5k and a 4.48x industry multiple (adjusted for size and gross margin).

spyk limited Estimated Valuation

£35.9k

Pomanda estimates the enterprise value of SPYK LIMITED at £35.9k based on Net Assets of £21.3k and 1.68x industry multiple (adjusted for liquidity).

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Spyk Limited Overview

Spyk Limited is a live company located in middlesex, HA5 1NJ with a Companies House number of 11367064. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2018, it's largest shareholder is pritben nayee with a 50% stake. Spyk Limited is a young, micro sized company, Pomanda has estimated its turnover at £6.9k with declining growth in recent years.

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Spyk Limited Health Check

Pomanda's financial health check has awarded Spyk 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £6.9k, make it smaller than the average company (£835.8k)

£6.9k - Spyk Limited

£835.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -51%, show it is growing at a slower rate (2.2%)

-51% - Spyk Limited

2.2% - Industry AVG

production

Production

with a gross margin of 27.6%, this company has a higher cost of product (70.7%)

27.6% - Spyk Limited

70.7% - Industry AVG

profitability

Profitability

an operating margin of 21.2% make it less profitable than the average company (28.4%)

21.2% - Spyk Limited

28.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Spyk Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33k, the company has an equivalent pay structure (£33k)

£33k - Spyk Limited

£33k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £6.9k, this is less efficient (£182.7k)

£6.9k - Spyk Limited

£182.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 98 days, this is later than average (29 days)

98 days - Spyk Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 163 days, this is slower than average (33 days)

163 days - Spyk Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spyk Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Spyk Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.6%, this is a higher level of debt than the average (65.8%)

97.6% - Spyk Limited

65.8% - Industry AVG

SPYK LIMITED financials

EXPORTms excel logo

Spyk Limited's latest turnover from May 2023 is estimated at £6.9 thousand and the company has net assets of £21.3 thousand. According to their latest financial statements, we estimate that Spyk Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019
Turnover6,86068,22287,44959,89039,346
Other Income Or Grants00000
Cost Of Sales4,96649,34865,28744,78628,736
Gross Profit1,89318,87422,16115,10410,611
Admin Expenses4388,51717,2194,86211,041
Operating Profit1,45510,3574,94210,242-430
Interest Payable00000
Interest Receivable00000
Pre-Tax Profit1,45510,3574,94210,242-430
Tax-364-1,968-939-1,9460
Profit After Tax1,0918,3894,0038,296-430
Dividends Paid00000
Retained Profit1,0918,3894,0038,296-430
Employee Costs33,04133,35731,21533,36233,163
Number Of Employees11111
EBITDA*1,45510,3574,94210,242-430

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019
Tangible Assets891,049464,899464,899232,449232,449
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets891,049464,899464,899232,449232,449
Stock & work in progress00000
Trade Debtors1,84921,26513,4019,9454,070
Group Debtors00000
Misc Debtors00000
Cash00000
misc current assets00000
total current assets1,84921,26513,4019,9454,070
total assets892,898486,164478,300242,394236,519
Bank overdraft00000
Bank loan00000
Trade Creditors 2,2241,967134,48768,49471,149
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities00000
total current liabilities2,2241,967134,48768,49471,149
loans00000
hp & lease commitments00000
Accruals and Deferred Income5403603602500
other liabilities868,785463,579331,584165,784165,800
provisions00000
total long term liabilities869,325463,939331,944166,034165,800
total liabilities871,549465,906466,431234,528236,949
net assets21,34920,25811,8697,866-430
total shareholders funds21,34920,25811,8697,866-430
May 2023May 2022May 2021May 2020May 2019
Operating Activities
Operating Profit1,45510,3574,94210,242-430
Depreciation00000
Amortisation00000
Tax-364-1,968-939-1,9460
Stock00000
Debtors-19,4167,8643,4565,8754,070
Creditors257-132,52065,993-2,65571,149
Accruals and Deferred Income18001102500
Deferred Taxes & Provisions00000
Cash flow from operations20,944-131,99566,6501666,649
Investing Activities
capital expenditure-426,1500-232,4500-232,449
Change in Investments00000
cash flow from investments-426,1500-232,4500-232,449
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities405,206131,995165,800-16165,800
share issue00000
interest00000
cash flow from financing405,206131,995165,800-16165,800
cash and cash equivalents
cash00000
overdraft00000
change in cash00000

spyk 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 spyk limited. Get real-time insights into spyk limited's credit score, group structure and payment trends.

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Spyk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for spyk limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA5 area or any other competitors across 12 key performance metrics.

spyk limited Ownership

SPYK LIMITED group structure

Spyk Limited has no subsidiary companies.

Ultimate parent company

SPYK LIMITED

11367064

SPYK LIMITED Shareholders

pritben nayee 50%
sanjay nayee 50%

spyk limited directors

Spyk Limited currently has 2 directors. The longest serving directors include Mrs Pritiben Nayee (May 2018) and Mr Sanjay Nayee (May 2018).

officercountryagestartendrole
Mrs Pritiben NayeeUnited Kingdom45 years May 2018- Director
Mr Sanjay NayeeEngland51 years May 2018- Director

P&L

May 2023

turnover

6.9k

-90%

operating profit

1.5k

0%

gross margin

27.7%

-0.22%

turnover

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

Balance Sheet

May 2023

net assets

21.3k

+0.05%

total assets

892.9k

+0.84%

cash

0

0%

net assets

Total assets minus all liabilities

spyk limited company details

company number

11367064

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

May 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2023

previous names

N/A

accountant

-

auditor

-

address

70 eastern ave, pinner, middlesex, HA5 1NJ

Bank

-

Legal Advisor

-

spyk 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 3 charges/mortgages relating to spyk limited. Currently there are 3 open charges and 0 have been satisfied in the past.

spyk 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 SPYK LIMITED. This can take several minutes, an email will notify you when this has completed.

spyk limited Companies House Filings - See Documents

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