skippr limited

skippr limited Company Information

Share SKIPPR LIMITED
Live 
StartupMicro

Company Number

12802191

Industry

Business and domestic software development

 

Shareholders

daniel zohar

sagi shorrer

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Group Structure

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Contact

Registered Address

99, milton keynes business centre, milton keynes,, buckinghamshire, MK14 6GD

Website

-

skippr limited Estimated Valuation

£246.9k

Pomanda estimates the enterprise value of SKIPPR LIMITED at £246.9k based on a Turnover of £287.4k and 0.86x industry multiple (adjusted for size and gross margin).

skippr limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SKIPPR LIMITED at £0 based on an EBITDA of £-1.3m and a 5.29x industry multiple (adjusted for size and gross margin).

skippr limited Estimated Valuation

£10.9m

Pomanda estimates the enterprise value of SKIPPR LIMITED at £10.9m based on Net Assets of £4.6m and 2.35x industry multiple (adjusted for liquidity).

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Skippr Limited Overview

Skippr Limited is a live company located in milton keynes,, MK14 6GD with a Companies House number of 12802191. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2020, it's largest shareholder is daniel zohar with a 27.9% stake. Skippr Limited is a startup, micro sized company, Pomanda has estimated its turnover at £287.4k with unknown growth in recent years.

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Skippr Limited Health Check

Pomanda's financial health check has awarded Skippr Limited a 3.5 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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £287.4k, make it smaller than the average company (£3.6m)

£287.4k - Skippr Limited

£3.6m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Skippr Limited

- - Industry AVG

production

Production

with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)

72.1% - Skippr Limited

72.1% - Industry AVG

profitability

Profitability

an operating margin of -466.8% make it less profitable than the average company (3.6%)

-466.8% - Skippr Limited

3.6% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (31)

3 - Skippr Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.3k, the company has an equivalent pay structure (£67.3k)

£67.3k - Skippr Limited

£67.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95.8k, this is less efficient (£113.5k)

£95.8k - Skippr Limited

£113.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Skippr Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 74 days, this is slower than average (44 days)

74 days - Skippr Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Skippr Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10287 weeks, this is more cash available to meet short term requirements (19 weeks)

10287 weeks - Skippr Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (60.8%)

0.5% - Skippr Limited

60.8% - Industry AVG

SKIPPR LIMITED financials

EXPORTms excel logo

Skippr Limited's latest turnover from August 2023 is estimated at £287.5 thousand and the company has net assets of £4.6 million. According to their latest financial statements, Skippr Limited has 3 employees and maintains cash reserves of £4.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021
Turnover287,450262,213253,380
Other Income Or Grants000
Cost Of Sales80,15469,45868,347
Gross Profit207,296192,755185,033
Admin Expenses1,549,182288,371818,361
Operating Profit-1,341,886-95,616-633,328
Interest Payable000
Interest Receivable197,21249,7741,406
Pre-Tax Profit-1,144,674-45,842-631,922
Tax000
Profit After Tax-1,144,674-45,842-631,922
Dividends Paid000
Retained Profit-1,144,674-45,842-631,922
Employee Costs201,991188,918176,803
Number Of Employees333
EBITDA*-1,337,971-93,517-631,229

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021
Tangible Assets9,4773,2685,367
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets9,4773,2685,367
Stock & work in progress000
Trade Debtors000
Group Debtors000
Misc Debtors02391,426
Cash4,636,0722,876,7552,811,698
misc current assets10,85757,396175,192
total current assets4,646,9292,934,3902,988,316
total assets4,656,4062,937,6582,993,683
Bank overdraft000
Bank loan000
Trade Creditors 16,4146,28613,149
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities7,01910,02713,347
total current liabilities23,43316,31326,496
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities23,43316,31326,496
net assets4,632,9732,921,3452,967,187
total shareholders funds4,632,9732,921,3452,967,187
Aug 2023Aug 2022Aug 2021
Operating Activities
Operating Profit-1,341,886-95,616-633,328
Depreciation3,9152,0992,099
Amortisation000
Tax000
Stock000
Debtors-239-1,1871,426
Creditors10,128-6,86313,149
Accruals and Deferred Income-3,008-3,32013,347
Deferred Taxes & Provisions000
Cash flow from operations-1,330,612-102,513-606,159
Investing Activities
capital expenditure-10,1240-7,466
Change in Investments000
cash flow from investments-10,1240-7,466
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue2,856,30203,599,109
interest197,21249,7741,406
cash flow from financing3,053,51449,7743,600,515
cash and cash equivalents
cash1,759,31765,0572,811,698
overdraft000
change in cash1,759,31765,0572,811,698

skippr limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Skippr Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for skippr limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK14 area or any other competitors across 12 key performance metrics.

skippr limited Ownership

SKIPPR LIMITED group structure

Skippr Limited has no subsidiary companies.

Ultimate parent company

SKIPPR LIMITED

12802191

SKIPPR LIMITED Shareholders

daniel zohar 27.95%
sagi shorrer 27.95%
bessemer venture partners x institutional l.p. 23.98%
moonfire ventures fund i l.p. 10.45%
techaviv founder partners l.p. 4.09%
cerca discovery investments limited partnership 2.25%
micha kaufman 0.61%
foobar technologies ii aps 0.32%
ran makavy 0.32%
b joel trust r.n 0.23%

skippr limited directors

Skippr Limited currently has 2 directors. The longest serving directors include Mr Sagi Shorrer (Aug 2020) and Mr Adam Fisher (Sep 2020).

officercountryagestartendrole
Mr Sagi ShorrerUnited Kingdom53 years Aug 2020- Director
Mr Adam FisherIsrael49 years Sep 2020- Director

P&L

August 2023

turnover

287.4k

+10%

operating profit

-1.3m

0%

gross margin

72.2%

-1.9%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

4.6m

+0.59%

total assets

4.7m

+0.59%

cash

4.6m

+0.61%

net assets

Total assets minus all liabilities

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skippr limited company details

company number

12802191

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

August 2020

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

multi hq limited (October 2022)

accountant

ARTH LIMITED

auditor

-

address

99, milton keynes business centre, milton keynes,, buckinghamshire, MK14 6GD

Bank

-

Legal Advisor

-

skippr 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 skippr limited.

skippr 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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skippr limited Companies House Filings - See Documents

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