sightdrive limited

2

sightdrive limited Company Information

Share SIGHTDRIVE LIMITED
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NewMicro

Company Number

14868856

Website

-

Registered Address

racecourse garage, willingham road, market rasen, LN8 3RE

Industry

Business and domestic software development

 

Telephone

-

Next Accounts Due

September 2025

Group Structure

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Directors

Benjamin Duckworth1 Years

Robert Jones1 Years

Shareholders

benjamin duckworth 43%

robert jones 30%

View All

sightdrive limited Estimated Valuation

£102.3k

Pomanda estimates the enterprise value of SIGHTDRIVE LIMITED at £102.3k based on a Turnover of £163.9k and 0.62x industry multiple (adjusted for size and gross margin).

sightdrive limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SIGHTDRIVE LIMITED at £0 based on an EBITDA of £-10.3k and a 4.1x industry multiple (adjusted for size and gross margin).

sightdrive limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SIGHTDRIVE LIMITED at £0 based on Net Assets of £-10.3k and 2.37x industry multiple (adjusted for liquidity).

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Sightdrive Limited Overview

Sightdrive Limited is a live company located in market rasen, LN8 3RE with a Companies House number of 14868856. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2023, it's largest shareholder is benjamin duckworth with a 43% stake. Sightdrive Limited is a new, micro sized company, Pomanda has estimated its turnover at £163.9k with unknown growth in recent years.

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Sightdrive Limited Health Check

Pomanda's financial health check has awarded Sightdrive Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £163.9k, make it smaller than the average company (£4.5m)

£163.9k - Sightdrive Limited

£4.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Sightdrive Limited

- - Industry AVG

production

Production

with a gross margin of 42.5%, this company has a higher cost of product (72.5%)

42.5% - Sightdrive Limited

72.5% - Industry AVG

profitability

Profitability

an operating margin of -6.3% make it less profitable than the average company (3.7%)

-6.3% - Sightdrive Limited

3.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (40)

1 - Sightdrive Limited

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)

£72.2k - Sightdrive Limited

£72.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £163.9k, this is more efficient (£120.9k)

£163.9k - Sightdrive Limited

£120.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 111 days, this is later than average (58 days)

111 days - Sightdrive Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 204 days, this is slower than average (39 days)

204 days - Sightdrive Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sightdrive Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sightdrive Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 119.2%, this is a higher level of debt than the average (61.4%)

119.2% - Sightdrive Limited

61.4% - Industry AVG

SIGHTDRIVE LIMITED financials

EXPORTms excel logo

Sightdrive Limited's latest turnover from December 2023 is estimated at £163.9 thousand and the company has net assets of -£10.3 thousand. According to their latest financial statements, we estimate that Sightdrive Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023
Turnover163,946
Other Income Or Grants0
Cost Of Sales94,262
Gross Profit69,684
Admin Expenses79,978
Operating Profit-10,294
Interest Payable0
Interest Receivable0
Pre-Tax Profit-10,294
Tax0
Profit After Tax-10,294
Dividends Paid0
Retained Profit-10,294
Employee Costs72,232
Number Of Employees1
EBITDA*-10,294

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023
Tangible Assets2,334
Intangible Assets100
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets2,434
Stock & work in progress0
Trade Debtors50,299
Group Debtors0
Misc Debtors924
Cash0
misc current assets0
total current assets51,223
total assets53,657
Bank overdraft0
Bank loan0
Trade Creditors 52,797
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities52,797
loans0
hp & lease commitments0
Accruals and Deferred Income11,154
other liabilities0
provisions0
total long term liabilities11,154
total liabilities63,951
net assets-10,294
total shareholders funds-10,294
Dec 2023
Operating Activities
Operating Profit-10,294
Depreciation0
Amortisation0
Tax0
Stock0
Debtors51,223
Creditors52,797
Accruals and Deferred Income11,154
Deferred Taxes & Provisions0
Cash flow from operations2,434
Investing Activities
capital expenditure-2,434
Change in Investments0
cash flow from investments-2,434
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities0
share issue0
interest0
cash flow from financing0
cash and cash equivalents
cash0
overdraft0
change in cash0

sightdrive 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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Sightdrive Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sightdrive limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LN8 area or any other competitors across 12 key performance metrics.

sightdrive limited Ownership

SIGHTDRIVE LIMITED group structure

Sightdrive Limited has no subsidiary companies.

Ultimate parent company

SIGHTDRIVE LIMITED

14868856

SIGHTDRIVE LIMITED Shareholders

benjamin duckworth 43%
robert jones 30%
alex joyce 20%
gordon joyce 5%
nicholas swainson 2%

sightdrive limited directors

Sightdrive Limited currently has 2 directors. The longest serving directors include Mr Benjamin Duckworth (May 2023) and Mr Robert Jones (May 2023).

officercountryagestartendrole
Mr Benjamin DuckworthEngland47 years May 2023- Director
Mr Robert JonesUnited Kingdom48 years May 2023- Director

P&L

December 2023

turnover

163.9k

0%

operating profit

-10.3k

0%

gross margin

42.6%

0%

turnover

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

Balance Sheet

December 2023

net assets

-10.3k

0%

total assets

53.7k

0%

cash

0

0%

net assets

Total assets minus all liabilities

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sightdrive limited company details

company number

14868856

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

May 2023

age

1

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

racecourse garage, willingham road, market rasen, LN8 3RE

Bank

-

Legal Advisor

-

sightdrive 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 sightdrive limited.

charges

sightdrive limited Companies House Filings - See Documents

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