smart gate int ltd
smart gate int ltd Company Information
Company Number
11991941
Next Accounts
Feb 2025
Shareholders
adam rasheed
shaymaa omar hameed
Group Structure
View All
Industry
Computer consultancy activities
+3Registered Address
collingwood buildings, 38 collingwood street, newcastle upon tyne, NE1 1JF
Website
-smart gate int ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART GATE INT LTD at £156k based on a Turnover of £271.1k and 0.58x industry multiple (adjusted for size and gross margin).
smart gate int ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART GATE INT LTD at £941.6k based on an EBITDA of £217.8k and a 4.32x industry multiple (adjusted for size and gross margin).
smart gate int ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART GATE INT LTD at £846.8k based on Net Assets of £408.2k and 2.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Smart Gate Int Ltd Overview
Smart Gate Int Ltd is a live company located in newcastle upon tyne, NE1 1JF with a Companies House number of 11991941. It operates in the security systems service activities sector, SIC Code 80200. Founded in May 2019, it's largest shareholder is adam rasheed with a 55% stake. Smart Gate Int Ltd is a young, micro sized company, Pomanda has estimated its turnover at £271.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Smart Gate Int Ltd Health Check
Pomanda's financial health check has awarded Smart Gate Int Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £271.1k, make it smaller than the average company (£1.4m)
- Smart Gate Int Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (4.8%)
- Smart Gate Int Ltd
4.8% - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (37.1%)
- Smart Gate Int Ltd
37.1% - Industry AVG
Profitability
an operating margin of 80.4% make it more profitable than the average company (7%)
- Smart Gate Int Ltd
7% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Smart Gate Int Ltd
12 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Smart Gate Int Ltd
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £90.4k, this is less efficient (£147.7k)
- Smart Gate Int Ltd
£147.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Smart Gate Int Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
- Smart Gate Int Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Smart Gate Int Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3145 weeks, this is more cash available to meet short term requirements (15 weeks)
3145 weeks - Smart Gate Int Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.5%, this is a higher level of debt than the average (63%)
81.5% - Smart Gate Int Ltd
63% - Industry AVG
SMART GATE INT LTD financials
Smart Gate Int Ltd's latest turnover from May 2023 is estimated at £271.1 thousand and the company has net assets of £408.2 thousand. According to their latest financial statements, Smart Gate Int Ltd has 3 employees and maintains cash reserves of £45.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | 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 | 3 | 3 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 1,299,084 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 2,166,266 | 2,166,266 | 1,625,742 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 11,238 | 0 |
| Total Fixed Assets | 2,166,266 | 2,166,266 | 1,636,980 | 1,299,084 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 194,071 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 45,361 | 14,877 | 2,299 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 45,361 | 14,877 | 2,299 | 194,071 |
| total assets | 2,211,627 | 2,181,143 | 1,639,279 | 1,493,155 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 750 | 750 | 750 | 40,770 |
| 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 | 750 | 750 | 750 | 40,770 |
| loans | 1,700,000 | 1,700,000 | 1,700,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 1,450,000 |
| provisions | 102,699 | 102,699 | 0 | 0 |
| total long term liabilities | 1,802,699 | 1,802,699 | 1,700,000 | 1,450,000 |
| total liabilities | 1,803,449 | 1,803,449 | 1,700,750 | 1,490,770 |
| net assets | 408,178 | 377,694 | -61,471 | 2,385 |
| total shareholders funds | 408,178 | 377,694 | -61,471 | 2,385 |
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 0 | -11,238 | -182,833 | 194,071 |
| Creditors | 0 | 0 | -40,020 | 40,770 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 102,699 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 540,524 | 1,625,742 | 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 | 1,700,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -1,450,000 | 1,450,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 30,484 | 12,578 | 2,299 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 30,484 | 12,578 | 2,299 | 0 |
smart gate int ltd Credit Report and Business Information
Smart Gate Int Ltd Competitor Analysis
Perform a competitor analysis for smart gate int ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
smart gate int ltd Ownership
SMART GATE INT LTD group structure
Smart Gate Int Ltd has no subsidiary companies.
Ultimate parent company
SMART GATE INT LTD
11991941
smart gate int ltd directors
Smart Gate Int Ltd currently has 2 directors. The longest serving directors include Mr Adam Rasheed (May 2019) and Mr Adam Rasheed (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Rasheed | 49 years | May 2019 | - | Director | |
| Mr Adam Rasheed | England | 49 years | May 2019 | - | Director |
P&L
May 2023turnover
271.1k
+3%
operating profit
217.8k
0%
gross margin
37.2%
+1.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
408.2k
+0.08%
total assets
2.2m
+0.01%
cash
45.4k
+2.05%
net assets
Total assets minus all liabilities
smart gate int ltd company details
company number
11991941
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
71122 - Engineering related scientific and technical consulting activities
80200 - Security systems service activities
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
collingwood buildings, 38 collingwood street, newcastle upon tyne, NE1 1JF
Bank
-
Legal Advisor
-
smart gate int 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 smart gate int ltd.
smart gate int 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 SMART GATE INT LTD. This can take several minutes, an email will notify you when this has completed.
smart gate int ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
