skoot eco group ltd
skoot eco group ltd Company Information
Company Number
11982528
Next Accounts
Sep 2025
Shareholders
gregory gormley
mark stringer
View AllGroup Structure
View All
Industry
Other software publishing
+1Registered Address
3rd floor 86-90 paul street, london, EC2A 4NE
Website
skoot.ecoskoot eco group ltd Estimated Valuation
Pomanda estimates the enterprise value of SKOOT ECO GROUP LTD at £414.1k based on a Turnover of £379.1k and 1.09x industry multiple (adjusted for size and gross margin).
skoot eco group ltd Estimated Valuation
Pomanda estimates the enterprise value of SKOOT ECO GROUP LTD at £0 based on an EBITDA of £-808.1k and a 5.32x industry multiple (adjusted for size and gross margin).
skoot eco group ltd Estimated Valuation
Pomanda estimates the enterprise value of SKOOT ECO GROUP LTD at £1.6m based on Net Assets of £704.4k and 2.3x industry multiple (adjusted for liquidity).
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Skoot Eco Group Ltd Overview
Skoot Eco Group Ltd is a live company located in london, EC2A 4NE with a Companies House number of 11982528. It operates in the other software publishing sector, SIC Code 58290. Founded in May 2019, it's largest shareholder is gregory gormley with a 17.4% stake. Skoot Eco Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £379.1k with declining growth in recent years.
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Skoot Eco Group Ltd Health Check
Pomanda's financial health check has awarded Skoot Eco Group Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £379.1k, make it smaller than the average company (£5.1m)
- Skoot Eco Group Ltd
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (9%)
- Skoot Eco Group Ltd
9% - Industry AVG
Production
with a gross margin of 73.3%, this company has a comparable cost of product (73.3%)
- Skoot Eco Group Ltd
73.3% - Industry AVG
Profitability
an operating margin of -227.4% make it less profitable than the average company (3.5%)
- Skoot Eco Group Ltd
3.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (41)
5 - Skoot Eco Group Ltd
41 - Industry AVG
Pay Structure
on an average salary of £79k, the company has an equivalent pay structure (£79k)
- Skoot Eco Group Ltd
£79k - Industry AVG
Efficiency
resulting in sales per employee of £75.8k, this is less efficient (£140.4k)
- Skoot Eco Group Ltd
£140.4k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (59 days)
- Skoot Eco Group Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 181 days, this is slower than average (38 days)
- Skoot Eco Group Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 159 days, this is more than average (15 days)
- Skoot Eco Group Ltd
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 60 weeks, this is more cash available to meet short term requirements (15 weeks)
60 weeks - Skoot Eco Group Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.5%, this is a lower level of debt than the average (61.4%)
46.5% - Skoot Eco Group Ltd
61.4% - Industry AVG
SKOOT ECO GROUP LTD financials
Skoot Eco Group Ltd's latest turnover from December 2023 is estimated at £379.1 thousand and the company has net assets of £704.4 thousand. According to their latest financial statements, Skoot Eco Group Ltd has 5 employees and maintains cash reserves of £711.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | |
|---|---|---|---|---|---|
| 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 | 5 | 13 | 14 | 14 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 4,249 | 6,839 | 9,782 | 8,360 | 3,097 |
| Intangible Assets | 294,466 | 327,185 | 318,946 | 297,150 | |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 4,249 | 301,305 | 336,967 | 327,306 | 300,247 |
| Stock & work in progress | 44,397 | 40,599 | 1,505 | 1,505 | |
| Trade Debtors | 18,331 | 2,798 | |||
| Group Debtors | |||||
| Misc Debtors | 537,816 | 301,795 | 286,406 | 375,029 | 123,595 |
| Cash | 711,069 | 58,696 | 102,594 | 667,053 | 855,639 |
| misc current assets | |||||
| total current assets | 1,311,613 | 403,888 | 390,505 | 1,043,587 | 979,234 |
| total assets | 1,315,862 | 705,193 | 727,472 | 1,370,893 | 1,279,481 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 50,240 | 141,277 | 88,717 | 13,980 | |
| Group/Directors Accounts | |||||
| other short term finances | 80,000 | ||||
| hp & lease commitments | |||||
| other current liabilities | 561,239 | 316,212 | 78,817 | 86,617 | 59,701 |
| total current liabilities | 611,479 | 537,489 | 167,534 | 100,597 | 59,701 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 611,479 | 537,489 | 167,534 | 100,597 | 59,701 |
| net assets | 704,383 | 167,704 | 559,938 | 1,270,296 | 1,219,780 |
| total shareholders funds | 704,383 | 167,704 | 559,938 | 1,270,296 | 1,219,780 |
| Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 4,855 | 5,557 | 2,599 | 3,182 | 157 |
| Amortisation | 49,078 | 32,719 | |||
| Tax | |||||
| Stock | 3,798 | 39,094 | 1,505 | 1,505 | |
| Debtors | 251,554 | 18,187 | 162,811 | 251,434 | 123,595 |
| Creditors | -91,037 | 52,560 | 88,717 | 13,980 | |
| Accruals and Deferred Income | 245,027 | 237,395 | 19,116 | 26,916 | 59,701 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | -80,000 | 80,000 | |||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 652,373 | -43,898 | -753,045 | -188,586 | 855,639 |
| overdraft | |||||
| change in cash | 652,373 | -43,898 | -753,045 | -188,586 | 855,639 |
skoot eco group ltd Credit Report and Business Information
Skoot Eco Group Ltd Competitor Analysis
Perform a competitor analysis for skoot eco group ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC2A area or any other competitors across 12 key performance metrics.
skoot eco group ltd Ownership
SKOOT ECO GROUP LTD group structure
Skoot Eco Group Ltd has no subsidiary companies.
Ultimate parent company
SKOOT ECO GROUP LTD
11982528
skoot eco group ltd directors
Skoot Eco Group Ltd currently has 5 directors. The longest serving directors include Mr Gregory Gormley (May 2019) and Mr Ashish Devi-King (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gregory Gormley | England | 55 years | May 2019 | - | Director |
| Mr Ashish Devi-King | United Kingdom | 52 years | Jan 2020 | - | Director |
| Mr Mark Stringer | United Kingdom | 55 years | Mar 2020 | - | Director |
| Mr Mark Stringer | United Kingdom | 55 years | Mar 2020 | - | Director |
| Mr Miles Power | 45 years | Apr 2023 | - | Director |
P&L
December 2023turnover
379.1k
-53%
operating profit
-862k
0%
gross margin
73.3%
+1.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
704.4k
+3.2%
total assets
1.3m
+0.87%
cash
711.1k
+11.11%
net assets
Total assets minus all liabilities
Similar Companies
skoot eco group ltd company details
company number
11982528
Type
Private limited with Share Capital
industry
58290 - Other software publishing
62012 - Business and domestic software development
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
skoot ride.com ltd (February 2022)
lifty ltd (July 2019)
accountant
-
auditor
-
address
3rd floor 86-90 paul street, london, EC2A 4NE
Bank
-
Legal Advisor
-
skoot eco 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 1 charges/mortgages relating to skoot eco group ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
skoot eco 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.
Click to start generating capital raising & share issue transactions for SKOOT ECO GROUP LTD. This can take several minutes, an email will notify you when this has completed.
skoot eco group ltd Companies House Filings - See Documents
| date | description | view/download |
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