cetitek ltd
cetitek ltd Company Information
Company Number
12604144
Website
cetitek.comRegistered Address
belfry house bell lane, hertford, hertfordshire, SG14 1BP
Industry
Security systems service activities
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Paul Porter4 Years
Shareholders
paul porter 100%
cetitek ltd Estimated Valuation
Pomanda estimates the enterprise value of CETITEK LTD at £2.6k based on a Turnover of £8.2k and 0.32x industry multiple (adjusted for size and gross margin).
cetitek ltd Estimated Valuation
Pomanda estimates the enterprise value of CETITEK LTD at £0 based on an EBITDA of £-563 and a 2.89x industry multiple (adjusted for size and gross margin).
cetitek ltd Estimated Valuation
Pomanda estimates the enterprise value of CETITEK LTD at £0 based on Net Assets of £-5.1k and 2.35x industry multiple (adjusted for liquidity).
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Cetitek Ltd Overview
Cetitek Ltd is a live company located in hertfordshire, SG14 1BP with a Companies House number of 12604144. It operates in the security systems service activities sector, SIC Code 80200. Founded in May 2020, it's largest shareholder is paul porter with a 100% stake. Cetitek Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £8.2k with unknown growth in recent years.
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Cetitek Ltd Health Check
Pomanda's financial health check has awarded Cetitek Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £8.2k, make it smaller than the average company (£1.9m)
- Cetitek Ltd
£1.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cetitek Ltd
- - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (36.6%)
- Cetitek Ltd
36.6% - Industry AVG
Profitability
an operating margin of -6.8% make it less profitable than the average company (7.1%)
- Cetitek Ltd
7.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (24)
- Cetitek Ltd
24 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- Cetitek Ltd
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £8.2k, this is less efficient (£94.1k)
- Cetitek Ltd
£94.1k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (63 days)
- Cetitek Ltd
63 days - Industry AVG
Creditor Days
its suppliers are paid after 499 days, this is slower than average (44 days)
- Cetitek Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 88 days, this is more than average (21 days)
- Cetitek Ltd
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is average cash available to meet short term requirements (9 weeks)
8 weeks - Cetitek Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 249.6%, this is a higher level of debt than the average (68%)
249.6% - Cetitek Ltd
68% - Industry AVG
CETITEK LTD financials
Cetitek Ltd's latest turnover from May 2023 is estimated at £8.2 thousand and the company has net assets of -£5.1 thousand. According to their latest financial statements, we estimate that Cetitek Ltd has 1 employee and maintains cash reserves of £1.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| 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 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 1,502 | 1,502 | 1,502 |
| Trade Debtors | 503 | 503 | 1,733 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 1,400 | 1,400 | 768 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 3,405 | 3,405 | 4,003 |
| total assets | 3,405 | 3,405 | 4,003 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 8,499 | 7,999 | 6,871 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 8,499 | 7,999 | 6,871 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 8,499 | 7,999 | 6,871 |
| net assets | -5,094 | -4,594 | -2,868 |
| total shareholders funds | -5,094 | -4,594 | -2,868 |
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 1,502 |
| Debtors | 0 | -1,230 | 1,733 |
| Creditors | 500 | 1,128 | 6,871 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| 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 | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 632 | 768 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 632 | 768 |
cetitek ltd Credit Report and Business Information
Cetitek Ltd Competitor Analysis
Perform a competitor analysis for cetitek ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SG14 area or any other competitors across 12 key performance metrics.
cetitek ltd Ownership
CETITEK LTD group structure
Cetitek Ltd has no subsidiary companies.
Ultimate parent company
CETITEK LTD
12604144
cetitek ltd directors
Cetitek Ltd currently has 1 director, Mr Paul Porter serving since May 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Porter | England | 53 years | May 2020 | - | Director |
P&L
May 2023turnover
8.2k
-67%
operating profit
-563
0%
gross margin
24.5%
-0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-5.1k
+0.11%
total assets
3.4k
0%
cash
1.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
cetitek ltd company details
company number
12604144
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
May 2020
age
4
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2023
previous names
N/A
accountant
PHILIP T CHAVE & CO
auditor
-
address
belfry house bell lane, hertford, hertfordshire, SG14 1BP
Bank
-
Legal Advisor
-
cetitek 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 cetitek ltd.
cetitek ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
