t2 trafford point twining road, trafford park, manchester, M17 1SH
Website
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the skipasund foundationEstimated Valuation
£7.8k
Pomanda estimates the enterprise value of THE SKIPASUND FOUNDATION at £7.8k based on a Turnover of £11.5k and 0.67x industry multiple (adjusted for size and gross margin).
the skipasund foundationEstimated Valuation
£0
Pomanda estimates the enterprise value of THE SKIPASUND FOUNDATION at £0 based on an EBITDA of £-105.5k and a 4.43x industry multiple (adjusted for size and gross margin).
the skipasund foundationEstimated Valuation
£1.6m
Pomanda estimates the enterprise value of THE SKIPASUND FOUNDATION at £1.6m based on Net Assets of £800.7k and 1.96x industry multiple (adjusted for liquidity).
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The Skipasund FoundationOverview
The Skipasund Foundation is a live company located in manchester, M17 1SH with a Companies House number of 13363253. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in April 2021, it's largest shareholder is
unknown.
The Skipasund Foundation is a startup,
micro sized company, Pomanda has estimated its turnover at
£11.5k with
unknown
growth in recent years.
Pomanda's financial health check has awarded The Skipasund Foundation a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
4 Weak
Size
annual sales of £11.5k, make it smaller than the average company (£925.6k)
£11.5k - The Skipasund Foundation
£925.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - The Skipasund Foundation
- - Industry AVG
Production
with a gross margin of 41%, this company has a comparable cost of product (41%)
41% - The Skipasund Foundation
41% - Industry AVG
Profitability
an operating margin of -914.3% make it less profitable than the average company (6%)
-914.3% - The Skipasund Foundation
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - The Skipasund Foundation
14 - Industry AVG
Pay Structure
on an average salary of £31.7k, the company has an equivalent pay structure (£31.7k)
£31.7k - The Skipasund Foundation
£31.7k - Industry AVG
Efficiency
resulting in sales per employee of £11.5k, this is less efficient (£89.3k)
£11.5k - The Skipasund Foundation
£89.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Skipasund Foundation
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - The Skipasund Foundation
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Skipasund Foundation
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 26740 weeks, this is more cash available to meet short term requirements (46 weeks)
26740 weeks - The Skipasund Foundation
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (43.4%)
0.2% - The Skipasund Foundation
43.4% - Industry AVG
THE SKIPASUND FOUNDATION financials
EXPORT
The Skipasund Foundation's latest turnover from April 2024 is £11.5 thousand and the company has net assets of £800.7 thousand. According to their latest financial statements, we estimate that The Skipasund Foundation has 1 employee and maintains cash reserves of £802.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Turnover
11,539
203,657
1,005,000
Other Income Or Grants
Cost Of Sales
6,810
119,431
595,956
Gross Profit
4,730
84,226
409,044
Admin Expenses
110,235
259,160
-818,744
Operating Profit
-105,505
-174,934
1,227,788
Interest Payable
Interest Receivable
Pre-Tax Profit
-61,720
-135,185
997,560
Tax
Profit After Tax
-61,720
-135,185
997,560
Dividends Paid
Retained Profit
-61,720
-135,185
997,560
Employee Costs
31,723
91,780
378,835
Number Of Employees
1
3
13
EBITDA*
-105,505
-174,934
1,227,788
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
802,215
865,795
1,004,760
misc current assets
total current assets
802,215
865,795
1,004,760
total assets
802,215
865,795
1,004,760
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,560
3,420
7,200
total current liabilities
1,560
3,420
7,200
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,560
3,420
7,200
net assets
800,655
862,375
997,560
total shareholders funds
800,655
862,375
997,560
Apr 2024
Apr 2023
Apr 2022
Operating Activities
Operating Profit
-105,505
-174,934
1,227,788
Depreciation
Amortisation
Tax
Stock
Debtors
Creditors
Accruals and Deferred Income
-1,860
-3,780
7,200
Deferred Taxes & Provisions
Cash flow from operations
-107,365
-178,714
1,234,988
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
-63,580
-138,965
1,004,760
overdraft
change in cash
-63,580
-138,965
1,004,760
the skipasund foundation 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 the skipasund foundation. Get real-time insights into the skipasund foundation's credit score, group structure and payment trends.
Perform a competitor analysis for the skipasund foundation by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in M17 area or any other competitors across 12 key performance metrics.
the skipasund foundation Ownership
THE SKIPASUND FOUNDATION group structure
The Skipasund Foundation has no subsidiary companies.
Ultimate parent company
THE SKIPASUND FOUNDATION
13363253
THE SKIPASUND FOUNDATION Shareholders
The sole shareholder of The Skipasund Foundation is -.
-
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the skipasund foundation directors
The Skipasund Foundation currently has 4 directors.
The longest serving directors include
Mr Haraldur Agustsson (Apr 2021) and
Mr Andrew Shepherd (Apr 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
800.7k
-0.07%
total assets
802.2k
-0.07%
cash
802.2k
-0.07%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
the skipasund foundation company details
company number
13363253
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
96090 - Other personal service activities n.e.c.
incorporation date
April 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
BEEVERS & STRUTHERS
auditor
-
address
t2 trafford point twining road, trafford park, manchester, M17 1SH
Bank
C HOARE
Legal Advisor
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the skipasund foundation 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 the skipasund foundation.
the skipasund foundation 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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the skipasund foundationCompanies House Filings - See Documents
