southworks uk limited
southworks uk limited Company Information
Company Number
12325797
Website
-Registered Address
566 chiswick high street, building 3, office 215a, london, W4 5YA
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
26 days late
Group Structure
View All
Shareholders
southworks s.l. 100%
southworks uk limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHWORKS UK LIMITED at £32m based on a Turnover of £26.8m and 1.19x industry multiple (adjusted for size and gross margin).
southworks uk limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHWORKS UK LIMITED at £102m based on an EBITDA of £13m and a 7.83x industry multiple (adjusted for size and gross margin).
southworks uk limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHWORKS UK LIMITED at £6.2m based on Net Assets of £2.6m and 2.37x industry multiple (adjusted for liquidity).
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Southworks Uk Limited Overview
Southworks Uk Limited is a live company located in london, W4 5YA with a Companies House number of 12325797. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2019, it's largest shareholder is southworks s.l. with a 100% stake. Southworks Uk Limited is a young, large sized company, Pomanda has estimated its turnover at £26.8m with unknown growth in recent years.
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Southworks Uk Limited Health Check
Pomanda's financial health check has awarded Southworks Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £26.8m, make it larger than the average company (£3.7m)
£26.8m - Southworks Uk Limited
£3.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Southworks Uk Limited
- - Industry AVG
Production
with a gross margin of 59.5%, this company has a comparable cost of product (71.9%)
59.5% - Southworks Uk Limited
71.9% - Industry AVG
Profitability
an operating margin of 48.5% make it more profitable than the average company (3.6%)
48.5% - Southworks Uk Limited
3.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (34)
6 - Southworks Uk Limited
34 - Industry AVG
Pay Structure
on an average salary of £72.8k, the company has an equivalent pay structure (£67.6k)
£72.8k - Southworks Uk Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £4.5m, this is more efficient (£113.5k)
£4.5m - Southworks Uk Limited
£113.5k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (60 days)
6 days - Southworks Uk Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (47 days)
0 days - Southworks Uk Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Southworks Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (19 weeks)
11 weeks - Southworks Uk Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.9%, this is a higher level of debt than the average (62.2%)
83.9% - Southworks Uk Limited
62.2% - Industry AVG
SOUTHWORKS UK LIMITED financials
Southworks Uk Limited's latest turnover from December 2022 is £26.8 million and the company has net assets of £2.6 million. According to their latest financial statements, Southworks Uk Limited has 6 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Turnover | 26,828,152 | 19,140,097 | 16,513,321 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 10,864,921 | 11,242,474 | 13,559,913 |
| Gross Profit | 15,963,231 | 7,897,623 | 2,953,408 |
| Admin Expenses | 2,955,706 | 3,183,679 | -175,164 |
| Operating Profit | 13,007,525 | 4,713,944 | 3,128,572 |
| Interest Payable | 0 | 20 | 0 |
| Interest Receivable | 6,886 | 8,798 | 4,462 |
| Pre-Tax Profit | 13,014,411 | 4,722,722 | 3,133,034 |
| Tax | -2,539,846 | -839,716 | -594,475 |
| Profit After Tax | 10,474,565 | 3,883,006 | 2,538,559 |
| Dividends Paid | 12,747,306 | 0 | 0 |
| Retained Profit | -2,272,741 | 3,883,006 | 2,538,559 |
| Employee Costs | 436,589 | 1,879,519 | 246,524 |
| Number Of Employees | 6 | 14 | 6 |
| EBITDA* | 13,018,767 | 4,729,841 | 3,131,223 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 645 | 11,887 | 16,672 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 645 | 11,887 | 16,672 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 484,146 | 4,416,711 | 2,422,155 |
| Group Debtors | 12,700,850 | 2,226,638 | 250,953 |
| Misc Debtors | 62,242 | 1,122,369 | 102,935 |
| Cash | 3,123,761 | 1,144,170 | 675,141 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 16,370,999 | 8,909,888 | 3,451,184 |
| total assets | 16,371,644 | 8,921,775 | 3,467,856 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 15,952 | 260,950 | 442,509 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 13,721,753 | 4,308,297 | 643,630 |
| total current liabilities | 13,737,705 | 4,569,247 | 1,086,139 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 322 | 5,944 | 2,907 |
| total long term liabilities | 161 | 2,972 | 2,907 |
| total liabilities | 13,737,866 | 4,572,219 | 1,089,046 |
| net assets | 2,633,778 | 4,349,556 | 2,378,810 |
| total shareholders funds | 2,633,778 | 4,349,556 | 2,378,810 |
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 13,007,525 | 4,713,944 | 3,128,572 |
| Depreciation | 11,242 | 15,897 | 2,651 |
| Amortisation | 0 | 0 | 0 |
| Tax | -2,539,846 | -839,716 | -594,475 |
| Stock | 0 | 0 | 0 |
| Debtors | 5,481,520 | 4,989,675 | 2,776,043 |
| Creditors | -244,998 | -181,559 | 442,509 |
| Accruals and Deferred Income | 9,413,456 | 3,664,667 | 643,630 |
| Deferred Taxes & Provisions | -5,622 | 3,037 | 2,907 |
| Cash flow from operations | 14,160,237 | 2,386,595 | 849,751 |
| Investing Activities | |||
| capital expenditure | 0 | ||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | 0 | ||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | 6,886 | 8,778 | 4,462 |
| cash flow from financing | 563,849 | -1,903,482 | -155,287 |
| cash and cash equivalents | |||
| cash | 1,979,591 | 469,029 | 675,141 |
| overdraft | 0 | 0 | 0 |
| change in cash | 1,979,591 | 469,029 | 675,141 |
southworks uk limited Credit Report and Business Information
Southworks Uk Limited Competitor Analysis
Perform a competitor analysis for southworks uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in W 4 area or any other competitors across 12 key performance metrics.
southworks uk limited Ownership
SOUTHWORKS UK LIMITED group structure
Southworks Uk Limited has no subsidiary companies.
Ultimate parent company
SOUTHWORKS UK LIMITED
12325797
southworks uk limited directors
Southworks Uk Limited currently has 4 directors. The longest serving directors include Mr Alejandro Jack (Nov 2019) and Lautaro Gutierrez Meiller (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alejandro Jack | England | 47 years | Nov 2019 | - | Director |
| Lautaro Gutierrez Meiller | United Kingdom | 42 years | Dec 2019 | - | Director |
| Mrs Martha Mena Rojas | England | 39 years | Jan 2020 | - | Director |
| Mr Jonathan Halife | England | 39 years | Jan 2020 | - | Director |
P&L
December 2022turnover
26.8m
+40%
operating profit
13m
+176%
gross margin
59.6%
+44.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.6m
-0.39%
total assets
16.4m
+0.84%
cash
3.1m
+1.73%
net assets
Total assets minus all liabilities
Similar Companies
southworks uk limited company details
company number
12325797
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
November 2019
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
SMAILES GOLDIE
address
566 chiswick high street, building 3, office 215a, london, W4 5YA
Bank
-
Legal Advisor
-
southworks uk 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 southworks uk limited.
southworks uk limited Companies House Filings - See Documents
| date | description | view/download |
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