sumer group holdings limited
sumer group holdings limited Company Information
Company Number
14256975
Website
sumer.co.ukRegistered Address
the beehive beehive ring road, london gatwick airport, gatwick, RH6 0PA
Industry
Activities of financial services holding companies
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
tosca penta accountants limited partnership 75.8%
warren mead 8.1%
View Allsumer group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SUMER GROUP HOLDINGS LIMITED at £6.7m based on a Turnover of £6.8m and 0.99x industry multiple (adjusted for size and gross margin).
sumer group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SUMER GROUP HOLDINGS LIMITED at £0 based on an EBITDA of £-1.8m and a 4x industry multiple (adjusted for size and gross margin).
sumer group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SUMER GROUP HOLDINGS LIMITED at £0 based on Net Assets of £-3.1m and 1.82x industry multiple (adjusted for liquidity).
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Sumer Group Holdings Limited Overview
Sumer Group Holdings Limited is a live company located in gatwick, RH6 0PA with a Companies House number of 14256975. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in July 2022, it's largest shareholder is tosca penta accountants limited partnership with a 75.8% stake. Sumer Group Holdings Limited is a startup, mid sized company, Pomanda has estimated its turnover at £6.8m with unknown growth in recent years.
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Sumer Group Holdings Limited Health Check
Pomanda's financial health check has awarded Sumer Group Holdings Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
7 Weak
Size
annual sales of £6.8m, make it smaller than the average company (£11.7m)
£6.8m - Sumer Group Holdings Limited
£11.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sumer Group Holdings Limited
- - Industry AVG
Production
with a gross margin of 45.2%, this company has a higher cost of product (73.3%)
45.2% - Sumer Group Holdings Limited
73.3% - Industry AVG
Profitability
an operating margin of -36.7% make it less profitable than the average company (8.6%)
-36.7% - Sumer Group Holdings Limited
8.6% - Industry AVG
Employees
with 245 employees, this is above the industry average (65)
245 - Sumer Group Holdings Limited
65 - Industry AVG
Pay Structure
on an average salary of £19.4k, the company has a lower pay structure (£79.7k)
£19.4k - Sumer Group Holdings Limited
£79.7k - Industry AVG
Efficiency
resulting in sales per employee of £27.6k, this is less efficient (£211.1k)
£27.6k - Sumer Group Holdings Limited
£211.1k - Industry AVG
Debtor Days
it gets paid by customers after 344 days, this is later than average (48 days)
344 days - Sumer Group Holdings Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (46 days)
85 days - Sumer Group Holdings Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sumer Group Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (29 weeks)
13 weeks - Sumer Group Holdings Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.6%, this is a higher level of debt than the average (59.5%)
103.6% - Sumer Group Holdings Limited
59.5% - Industry AVG
SUMER GROUP HOLDINGS LIMITED financials
Sumer Group Holdings Limited's latest turnover from June 2023 is £6.8 million and the company has net assets of -£3.1 million. According to their latest financial statements, Sumer Group Holdings Limited has 245 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | |
|---|---|
| Turnover | 6,772,866 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 3,715,032 |
| Gross Profit | 3,057,834 |
| Admin Expenses | 5,541,592 |
| Operating Profit | -2,483,758 |
| Interest Payable | 991,293 |
| Interest Receivable | 162,177 |
| Pre-Tax Profit | -3,312,923 |
| Tax | 0 |
| Profit After Tax | -3,312,923 |
| Dividends Paid | 0 |
| Retained Profit | -3,677,645 |
| Employee Costs | 4,746,773 |
| Number Of Employees | 245 |
| EBITDA* | -1,752,117 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | |
|---|---|
| Tangible Assets | 369,972 |
| Intangible Assets | 20,718,456 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 21,088,428 |
| Stock & work in progress | 0 |
| Trade Debtors | 6,398,709 |
| Group Debtors | 139,827 |
| Misc Debtors | 4,697,830 |
| Cash | 2,557,435 |
| misc current assets | 0 |
| total current assets | 13,793,801 |
| total assets | 34,882,229 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 868,714 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 9,104,827 |
| total current liabilities | 9,973,541 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 26,165,747 |
| provisions | 5,361 |
| total long term liabilities | 26,171,108 |
| total liabilities | 36,144,649 |
| net assets | -3,068,145 |
| total shareholders funds | -3,068,145 |
| Jun 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | -2,483,758 |
| Depreciation | 81,315 |
| Amortisation | 650,326 |
| Tax | 0 |
| Stock | 0 |
| Debtors | 11,236,366 |
| Creditors | 868,714 |
| Accruals and Deferred Income | 9,104,827 |
| Deferred Taxes & Provisions | 5,361 |
| Cash flow from operations | -3,009,581 |
| Investing Activities | |
| capital expenditure | 0 |
| Change in Investments | 0 |
| cash flow from investments | 0 |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 26,165,747 |
| share issue | |
| interest | -829,116 |
| cash flow from financing | 25,946,131 |
| cash and cash equivalents | |
| cash | 2,557,435 |
| overdraft | 0 |
| change in cash | 2,557,435 |
sumer group holdings limited Credit Report and Business Information
Sumer Group Holdings Limited Competitor Analysis
Perform a competitor analysis for sumer group holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in RH6 area or any other competitors across 12 key performance metrics.
sumer group holdings limited Ownership
SUMER GROUP HOLDINGS LIMITED group structure
Sumer Group Holdings Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
SUMER GROUP HOLDINGS LIMITED
14256975
2 subsidiaries
sumer group holdings limited directors
Sumer Group Holdings Limited currently has 7 directors. The longest serving directors include Mr Steven Scott (Jul 2022) and Mr Jason Harvie (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Scott | United Kingdom | 59 years | Jul 2022 | - | Director |
| Mr Jason Harvie | United Kingdom | 38 years | Jul 2022 | - | Director |
| Mr Nigel Carr | United Kingdom | 61 years | Jan 2023 | - | Director |
| Mr Warren Mead | United Kingdom | 50 years | Jan 2023 | - | Director |
| Ms Samantha Smith | 50 years | Jan 2023 | - | Director | |
| Mr Steven Wills | United Kingdom | 66 years | Jan 2023 | - | Director |
| Ms Sheila Dean | United Kingdom | 55 years | Jan 2023 | - | Director |
P&L
June 2023turnover
6.8m
0%
operating profit
-2.5m
0%
gross margin
45.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-3.1m
0%
total assets
34.9m
0%
cash
2.6m
0%
net assets
Total assets minus all liabilities
Similar Companies
sumer group holdings limited company details
company number
14256975
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
July 2022
age
2
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
the beehive beehive ring road, london gatwick airport, gatwick, RH6 0PA
Bank
-
Legal Advisor
-
sumer group holdings 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 sumer group holdings limited.
sumer group holdings limited Companies House Filings - See Documents
| date | description | view/download |
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