summix cqg developments limited
summix cqg developments limited Company Information
Company Number
14267292
Website
-Registered Address
fifth floor, berkeley square hou, berkeley square, london, W1J 6BY
Industry
Development of building projects
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
scp ii holdco (uk) limited 100%
summix cqg developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX CQG DEVELOPMENTS LIMITED at £1.9m based on a Turnover of £3.4m and 0.57x industry multiple (adjusted for size and gross margin).
summix cqg developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX CQG DEVELOPMENTS LIMITED at £1.9m based on an EBITDA of £448.8k and a 4.33x industry multiple (adjusted for size and gross margin).
summix cqg developments limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIX CQG DEVELOPMENTS LIMITED at £485.8k based on Net Assets of £313.8k and 1.55x industry multiple (adjusted for liquidity).
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Summix Cqg Developments Limited Overview
Summix Cqg Developments Limited is a live company located in london, W1J 6BY with a Companies House number of 14267292. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2022, it's largest shareholder is scp ii holdco (uk) limited with a 100% stake. Summix Cqg Developments Limited is a startup, small sized company, Pomanda has estimated its turnover at £3.4m with unknown growth in recent years.
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Summix Cqg Developments Limited Health Check
Pomanda's financial health check has awarded Summix Cqg Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £3.4m, make it larger than the average company (£2.6m)
- Summix Cqg Developments Limited
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Summix Cqg Developments Limited
- - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- Summix Cqg Developments Limited
26.2% - Industry AVG
Profitability
an operating margin of 13.4% make it more profitable than the average company (6.6%)
- Summix Cqg Developments Limited
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Summix Cqg Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Summix Cqg Developments Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£312.7k)
- Summix Cqg Developments Limited
£312.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Summix Cqg Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (31 days)
- Summix Cqg Developments Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1326 days, this is more than average (168 days)
- Summix Cqg Developments Limited
168 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Summix Cqg Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.5%, this is a higher level of debt than the average (74.9%)
96.5% - Summix Cqg Developments Limited
74.9% - Industry AVG
SUMMIX CQG DEVELOPMENTS LIMITED financials
Summix Cqg Developments Limited's latest turnover from December 2023 is estimated at £3.4 million and the company has net assets of £313.8 thousand. According to their latest financial statements, Summix Cqg Developments Limited has 3 employees and maintains cash reserves of £44.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| 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 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 8,985,149 | 7,865,209 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 327 | 1,496,070 |
| Cash | 44,165 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 9,029,641 | 9,361,279 |
| total assets | 9,029,641 | 9,361,279 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 115,564 | 223,722 |
| Group/Directors Accounts | 8,528,518 | 9,094,622 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 71,763 | 66,552 |
| total current liabilities | 8,715,845 | 9,384,896 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 8,715,845 | 9,384,896 |
| net assets | 313,796 | -23,617 |
| total shareholders funds | 313,796 | -23,617 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 1,119,940 | 7,865,209 |
| Debtors | -1,495,743 | 1,496,070 |
| Creditors | -108,158 | 223,722 |
| Accruals and Deferred Income | 5,211 | 66,552 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -566,104 | 9,094,622 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 44,165 | 0 |
| overdraft | 0 | 0 |
| change in cash | 44,165 | 0 |
summix cqg developments limited Credit Report and Business Information
Summix Cqg Developments Limited Competitor Analysis
Perform a competitor analysis for summix cqg developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in W1J area or any other competitors across 12 key performance metrics.
summix cqg developments limited Ownership
SUMMIX CQG DEVELOPMENTS LIMITED group structure
Summix Cqg Developments Limited has no subsidiary companies.
Ultimate parent company
1 parent
SUMMIX CQG DEVELOPMENTS LIMITED
14267292
summix cqg developments limited directors
Summix Cqg Developments Limited currently has 4 directors. The longest serving directors include Mr Shukri Shammas (Aug 2022) and Mr Tareq Naqib (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shukri Shammas | England | 50 years | Aug 2022 | - | Director |
| Mr Tareq Naqib | United Kingdom | 52 years | Aug 2022 | - | Director |
| Mr Andre Rose | 62 years | Aug 2022 | - | Director | |
| Mr Benjamin McComb | United Kingdom | 48 years | Sep 2023 | - | Director |
P&L
December 2023turnover
3.4m
-8%
operating profit
448.8k
0%
gross margin
26.3%
+1.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
313.8k
-14.29%
total assets
9m
-0.04%
cash
44.2k
0%
net assets
Total assets minus all liabilities
Similar Companies
summix cqg developments limited company details
company number
14267292
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
fifth floor, berkeley square hou, berkeley square, london, W1J 6BY
Bank
-
Legal Advisor
-
summix cqg developments 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 found 1 charges/mortgages relating to summix cqg developments limited. Currently there are 1 open charges and 0 have been satisfied in the past.
summix cqg developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
