sunswap ltd
sunswap ltd Company Information
Company Number
12407155
Next Accounts
Sep 2025
Shareholders
clean growth investment management gp llp
sustainable impact capital limited
View AllGroup Structure
View All
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Registered Address
unit 9 mole business park, randalls road, leatherhead, KT22 7BA
Website
sunswap.co.uksunswap ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNSWAP LTD at £1.1m based on a Turnover of £2.5m and 0.44x industry multiple (adjusted for size and gross margin).
sunswap ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNSWAP LTD at £0 based on an EBITDA of £-4.9m and a 3.76x industry multiple (adjusted for size and gross margin).
sunswap ltd Estimated Valuation
Pomanda estimates the enterprise value of SUNSWAP LTD at £0 based on Net Assets of £-1.7m and 2.36x industry multiple (adjusted for liquidity).
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Sunswap Ltd Overview
Sunswap Ltd is a live company located in leatherhead, KT22 7BA with a Companies House number of 12407155. It operates in the other engineering activities sector, SIC Code 71129. Founded in January 2020, it's largest shareholder is clean growth investment management gp llp with a 14.8% stake. Sunswap Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.
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Sunswap Ltd Health Check
Pomanda's financial health check has awarded Sunswap Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£5.2m)
- Sunswap Ltd
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 106%, show it is growing at a faster rate (8.2%)
- Sunswap Ltd
8.2% - Industry AVG
Production
with a gross margin of 32.9%, this company has a comparable cost of product (32.9%)
- Sunswap Ltd
32.9% - Industry AVG
Profitability
an operating margin of -199.8% make it less profitable than the average company (5.8%)
- Sunswap Ltd
5.8% - Industry AVG
Employees
with 30 employees, this is similar to the industry average (35)
30 - Sunswap Ltd
35 - Industry AVG
Pay Structure
on an average salary of £58.2k, the company has an equivalent pay structure (£58.2k)
- Sunswap Ltd
£58.2k - Industry AVG
Efficiency
resulting in sales per employee of £83.8k, this is less efficient (£136.4k)
- Sunswap Ltd
£136.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sunswap Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (27 days)
- Sunswap Ltd
27 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (34 days)
- Sunswap Ltd
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (18 weeks)
21 weeks - Sunswap Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 140.3%, this is a higher level of debt than the average (57.3%)
140.3% - Sunswap Ltd
57.3% - Industry AVG
SUNSWAP LTD financials
Sunswap Ltd's latest turnover from December 2023 is estimated at £2.5 million and the company has net assets of -£1.7 million. According to their latest financial statements, Sunswap Ltd has 30 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Nov 2022 | Nov 2021 | Nov 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 | 30 | 14 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Tangible Assets | 835,467 | 225,969 | 9,510 | 871 |
| Intangible Assets | 84,978 | 48,814 | 4,793 | 5,054 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 920,445 | 274,783 | 14,303 | 5,925 |
| Stock & work in progress | 93,326 | 80,842 | ||
| Trade Debtors | 178 | 162 | ||
| Group Debtors | ||||
| Misc Debtors | 759,413 | 348,791 | 98,351 | 30,319 |
| Cash | 2,411,463 | 2,558,080 | 201,634 | 62,762 |
| misc current assets | ||||
| total current assets | 3,264,202 | 2,987,891 | 300,147 | 93,081 |
| total assets | 4,184,647 | 3,262,674 | 314,450 | 99,006 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 147,102 | 44,433 | 5,588 | 280 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 5,725,590 | 120,023 | 16,795 | 25,720 |
| total current liabilities | 5,872,692 | 164,456 | 22,383 | 26,000 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 165 | |||
| total long term liabilities | 165 | |||
| total liabilities | 5,872,692 | 164,456 | 22,383 | 26,165 |
| net assets | -1,688,045 | 3,098,218 | 292,067 | 72,841 |
| total shareholders funds | -1,688,045 | 3,098,218 | 292,067 | 72,841 |
| Dec 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 84,257 | 23,167 | 46 | |
| Amortisation | 4,231 | 1,138 | 156 | |
| Tax | ||||
| Stock | 12,484 | 80,842 | ||
| Debtors | 410,444 | 250,456 | 68,194 | 30,319 |
| Creditors | 102,669 | 38,845 | 5,308 | 280 |
| Accruals and Deferred Income | 5,605,567 | 103,228 | -8,925 | 25,720 |
| Deferred Taxes & Provisions | -165 | 165 | ||
| 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 | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -146,617 | 2,356,446 | 138,872 | 62,762 |
| overdraft | ||||
| change in cash | -146,617 | 2,356,446 | 138,872 | 62,762 |
sunswap ltd Credit Report and Business Information
Sunswap Ltd Competitor Analysis
Perform a competitor analysis for sunswap ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in KT22 area or any other competitors across 12 key performance metrics.
sunswap ltd Ownership
SUNSWAP LTD group structure
Sunswap Ltd has no subsidiary companies.
Ultimate parent company
SUNSWAP LTD
12407155
sunswap ltd directors
Sunswap Ltd currently has 7 directors. The longest serving directors include Mr Michael Lowe (Jan 2020) and Mr Andrew Sucis (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Lowe | England | 33 years | Jan 2020 | - | Director |
| Mr Andrew Sucis | England | 36 years | Jan 2020 | - | Director |
| Mr Nikolai Tauber | England | 35 years | Jan 2020 | - | Director |
| Mr James Ferrier | England | 47 years | Mar 2022 | - | Director |
| Dr Stephen Price | England | 54 years | Mar 2022 | - | Director |
| Mr Mark Bryant | United Kingdom | 63 years | Mar 2024 | - | Director |
| Mr Dennis Atkinson | England | 53 years | Mar 2024 | - | Director |
P&L
December 2023turnover
2.5m
+329%
operating profit
-5m
0%
gross margin
32.9%
-2.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.7m
-1.54%
total assets
4.2m
+0.28%
cash
2.4m
-0.06%
net assets
Total assets minus all liabilities
sunswap ltd company details
company number
12407155
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
unit 9 mole business park, randalls road, leatherhead, KT22 7BA
Bank
-
Legal Advisor
-
sunswap 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 sunswap ltd.
sunswap 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 SUNSWAP LTD. This can take several minutes, an email will notify you when this has completed.
sunswap ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
