ramsay house, rbp, 18 vera avenue, london, N21 1RA
Website
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sikka development limitedEstimated Valuation
£335.2k
Pomanda estimates the enterprise value of SIKKA DEVELOPMENT LIMITED at £335.2k based on a Turnover of £685.5k and 0.49x industry multiple (adjusted for size and gross margin).
sikka development limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SIKKA DEVELOPMENT LIMITED at £0 based on an EBITDA of £-25.8k and a 3.73x industry multiple (adjusted for size and gross margin).
sikka development limitedEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of SIKKA DEVELOPMENT LIMITED at £2.2m based on Net Assets of £1.6m and 1.39x industry multiple (adjusted for liquidity).
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Sikka Development LimitedOverview
Sikka Development Limited is a live company located in london, N21 1RA with a Companies House number of 12109409. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2019, it's largest shareholder is
swadesh sikka
with a 100% stake. Sikka Development Limited is a young,
small sized company, Pomanda has estimated its turnover at
£685.5k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Sikka Development Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £685.5k, make it smaller than the average company (£2.3m)
£685.5k - Sikka Development Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Sikka Development Limited
- - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
26.3% - Sikka Development Limited
26.3% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (7.4%)
-3.8% - Sikka Development Limited
7.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - Sikka Development Limited
7 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
£49.5k - Sikka Development Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £228.5k, this is less efficient (£279k)
£228.5k - Sikka Development Limited
£279k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Sikka Development Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Sikka Development Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 347 days, this is more than average (188 days)
347 days - Sikka Development Limited
188 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17976 weeks, this is more cash available to meet short term requirements (11 weeks)
17976 weeks - Sikka Development Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (73.7%)
0.1% - Sikka Development Limited
73.7% - Industry AVG
SIKKA DEVELOPMENT LIMITED financials
EXPORT
Sikka Development Limited's latest turnover from July 2024 is estimated at £685.5 thousand and the company has net assets of £1.6 million. According to their latest financial statements, we estimate that Sikka Development Limited has 3 employees and maintains cash reserves of £452.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Turnover
685,516
Other Income Or Grants
Cost Of Sales
505,423
Gross Profit
180,092
Admin Expenses
205,855
29,992
24,044
10,904
2,137
Operating Profit
-25,763
-29,992
-24,044
-10,904
-2,137
Interest Payable
Interest Receivable
24,007
23,249
5,966
492
248
Pre-Tax Profit
-1,756
-6,743
-18,078
-10,413
-1,889
Tax
Profit After Tax
-1,756
-6,743
-18,078
-10,413
-1,889
Dividends Paid
Retained Profit
-1,756
-6,743
-18,078
-10,413
-1,889
Employee Costs
148,388
Number Of Employees
3
EBITDA*
-25,763
-29,992
-24,044
-10,904
-2,137
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Tangible Assets
452,677
452,677
452,677
452,677
452,677
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
452,677
452,677
452,677
452,677
452,677
Stock & work in progress
480,644
Trade Debtors
Group Debtors
Misc Debtors
228,246
Cash
452,864
461,670
468,287
486,305
496,694
misc current assets
total current assets
1,161,754
461,670
468,287
486,305
496,694
total assets
1,614,431
914,347
920,964
938,982
949,371
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,310
1,470
1,344
1,284
1,260
total current liabilities
1,310
1,470
1,344
1,284
1,260
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,310
1,470
1,344
1,284
1,260
net assets
1,613,121
912,877
919,620
937,698
948,111
total shareholders funds
1,613,121
912,877
919,620
937,698
948,111
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Operating Activities
Operating Profit
-25,763
-29,992
-24,044
-10,904
-2,137
Depreciation
Amortisation
Tax
Stock
480,644
Debtors
228,246
Creditors
Accruals and Deferred Income
-160
126
60
24
1,260
Deferred Taxes & Provisions
Cash flow from operations
-734,813
-29,866
-23,984
-10,880
-877
Investing Activities
capital expenditure
-452,677
Change in Investments
cash flow from investments
-452,677
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
702,000
950,000
interest
24,007
23,249
5,966
492
248
cash flow from financing
726,007
23,249
5,966
492
950,248
cash and cash equivalents
cash
-8,806
-6,617
-18,018
-10,389
496,694
overdraft
change in cash
-8,806
-6,617
-18,018
-10,389
496,694
sikka development 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 sikka development limited. Get real-time insights into sikka development limited's credit score, group structure and payment trends.
Perform a competitor analysis for sikka development limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in N21 area or any other competitors across 12 key performance metrics.
sikka development limited Ownership
SIKKA DEVELOPMENT LIMITED group structure
Sikka Development Limited has no subsidiary companies.
Ultimate parent company
SIKKA DEVELOPMENT LIMITED
12109409
SIKKA DEVELOPMENT LIMITED Shareholders
The sole shareholder of Sikka Development Limited is Swadesh Sikka.
swadesh sikka
100%
sikka development limited directors
Sikka Development Limited currently has 3 directors.
The longest serving directors include
Dr Neil Sikka (Jul 2019) and
Dr Swadesh Sikka (Jul 2019).
ramsay house, rbp, 18 vera avenue, london, N21 1RA
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Legal Advisor
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sikka development 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 did not find charges/mortgages relating to sikka development limited.
sikka development 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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sikka development limitedCompanies House Filings - See Documents
