Pomanda estimates the enterprise value of SETL LIMITED at £640.8k based on a Turnover of £895.5k and 0.72x industry multiple (adjusted for size and gross margin).
setl limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SETL LIMITED at £0 based on an EBITDA of £-620.8k and a 4.61x industry multiple (adjusted for size and gross margin).
setl limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SETL LIMITED at £0 based on Net Assets of £-999k and 2.17x industry multiple (adjusted for liquidity).
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Setl LimitedOverview
Setl Limited is a live company located in london, EC1V 2NX with a Companies House number of 11860439. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2019, it's largest shareholder is
colendi holdings limited
with a 100% stake. Setl Limited is a young,
small sized company, Pomanda has estimated its turnover at
£895.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Setl 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 Rating1out of 5
1 Strong
2 Regular
8 Weak
Size
annual sales of £895.5k, make it smaller than the average company (£7.4m)
£895.5k - Setl Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (8%)
-29% - Setl Limited
8% - Industry AVG
Production
with a gross margin of 51.4%, this company has a comparable cost of product (51.4%)
51.4% - Setl Limited
51.4% - Industry AVG
Profitability
an operating margin of -69.8% make it less profitable than the average company (3.5%)
-69.8% - Setl Limited
3.5% - Industry AVG
Employees
with 13 employees, this is below the industry average (44)
13 - Setl Limited
44 - Industry AVG
Pay Structure
on an average salary of £74.4k, the company has an equivalent pay structure (£74.4k)
£74.4k - Setl Limited
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £68.9k, this is less efficient (£178.8k)
£68.9k - Setl Limited
£178.8k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (52 days)
11 days - Setl Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (33 days)
20 days - Setl Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Setl Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Setl Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 343.4%, this is a higher level of debt than the average (64.1%)
343.4% - Setl Limited
64.1% - Industry AVG
SETL LIMITED financials
EXPORT
Setl Limited's latest turnover from December 2023 is estimated at £895.5 thousand and the company has net assets of -£999 thousand. According to their latest financial statements, Setl Limited has 13 employees and maintains cash reserves of £33 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
895,545
1,964,165
3,627,109
2,490,479
5,542,552
Other Income Or Grants
Cost Of Sales
435,526
932,292
1,715,726
1,191,612
2,659,612
Gross Profit
460,019
1,031,873
1,911,382
1,298,867
2,882,941
Admin Expenses
1,084,816
2,775,089
3,785,866
4,308,851
2,641,248
Operating Profit
-624,797
-1,743,216
-1,874,484
-3,009,984
241,693
Interest Payable
3,281
3,721
2,943
1,525
Interest Receivable
21,037
34,389
4,176
2,093
7,658
Pre-Tax Profit
-607,041
-1,712,548
-1,873,251
-3,009,416
249,351
Tax
-47,377
Profit After Tax
-607,041
-1,712,548
-1,873,251
-3,009,416
201,974
Dividends Paid
Retained Profit
-607,041
-1,712,548
-1,873,251
-3,009,416
201,974
Employee Costs
966,594
1,973,231
1,818,198
2,465,477
3,254,152
Number Of Employees
13
28
27
39
53
EBITDA*
-620,817
-1,736,418
-1,855,367
-3,009,984
409,354
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
3,913
6,343
7,408
20,001
61,284
Intangible Assets
270,615
1,136
-26,674
Investments & Other
Debtors (Due After 1 year)
225,205
225,205
Total Fixed Assets
274,528
6,343
8,544
245,206
259,815
Stock & work in progress
Trade Debtors
28,000
36,667
586,419
74,598
816,777
Group Debtors
2,722
Misc Debtors
74,848
125,739
523,087
282,241
968,773
Cash
33,043
768,374
1,196,732
2,143,971
2,042,139
misc current assets
total current assets
135,891
930,780
2,308,960
2,500,810
3,827,689
total assets
410,419
937,123
2,317,504
2,746,016
4,087,504
Bank overdraft
Bank loan
10,000
10,834
10,834
6,667
Trade Creditors
23,975
290,018
270,510
210,625
99,327
Group/Directors Accounts
974,800
other short term finances
hp & lease commitments
other current liabilities
318,844
1,001,156
678,497
704,110
499,559
total current liabilities
1,327,619
1,302,008
959,841
921,402
598,886
loans
14,167
23,333
33,333
43,333
hp & lease commitments
Accruals and Deferred Income
other liabilities
83,699
provisions
67,654
3,800
3,800
3,800
11,644
total long term liabilities
81,821
27,133
37,133
130,832
11,644
total liabilities
1,409,440
1,329,141
996,974
1,052,234
610,530
net assets
-999,021
-392,018
1,320,530
1,693,782
3,476,974
total shareholders funds
-999,021
-392,018
1,320,530
1,693,782
3,476,974
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
-624,797
-1,743,216
-1,874,484
-3,009,984
241,693
Depreciation
3,980
5,662
15,411
41,811
Amortisation
1,136
3,706
125,850
Tax
-47,377
Stock
Debtors
-59,558
-949,822
530,184
-1,428,711
2,010,755
Creditors
-266,043
19,508
59,885
111,298
99,327
Accruals and Deferred Income
-682,312
322,659
-25,613
204,551
499,559
Deferred Taxes & Provisions
63,854
-7,844
11,644
Cash flow from operations
-1,445,760
-444,429
-2,351,279
-1,273,268
-1,038,248
Investing Activities
capital expenditure
-272,165
-4,597
-7,660
14,609
-202,271
Change in Investments
cash flow from investments
-272,165
-4,597
-7,660
14,609
-202,271
Financing Activities
Bank loans
-834
4,167
6,667
Group/Directors Accounts
974,800
Other Short Term Loans
Long term loans
-9,166
-10,000
-10,000
43,333
Hire Purchase and Lease Commitments
other long term liabilities
-83,699
83,699
share issue
38
1,499,999
1,226,224
3,275,000
interest
17,756
30,668
1,233
568
7,658
cash flow from financing
982,594
20,668
1,411,700
1,360,491
3,282,658
cash and cash equivalents
cash
-735,331
-428,358
-947,239
101,832
2,042,139
overdraft
change in cash
-735,331
-428,358
-947,239
101,832
2,042,139
setl 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 setl limited. Get real-time insights into setl limited's credit score, group structure and payment trends.
Perform a competitor analysis for setl limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.
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 setl limited. Currently there are 1 open charges and 0 have been satisfied in the past.
setl 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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setl limitedCompanies House Filings - See Documents
