skurio limited
skurio limited Company Information
Company Number
NI064091
Next Accounts
93 days late
Shareholders
robert napier keith
uk ff nominees limited
View AllGroup Structure
View All
Industry
Computer consultancy activities
Registered Address
c/o keenan cf 10th floor, victoria house, belfast, BT1 4LS
Website
http://repknight.comskurio limited Estimated Valuation
Pomanda estimates the enterprise value of SKURIO LIMITED at £717.3k based on a Turnover of £1m and 0.69x industry multiple (adjusted for size and gross margin).
skurio limited Estimated Valuation
Pomanda estimates the enterprise value of SKURIO LIMITED at £0 based on an EBITDA of £-2.9m and a 4.9x industry multiple (adjusted for size and gross margin).
skurio limited Estimated Valuation
Pomanda estimates the enterprise value of SKURIO LIMITED at £0 based on Net Assets of £-6m and 2.29x industry multiple (adjusted for liquidity).
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Skurio Limited Overview
Skurio Limited is a live company located in belfast, BT1 4LS with a Companies House number of NI064091. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2007, it's largest shareholder is robert napier keith with a 53.9% stake. Skurio Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with healthy growth in recent years.
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Skurio Limited Health Check
Pomanda's financial health check has awarded Skurio Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £1m, make it in line with the average company (£1.3m)
£1m - Skurio Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (5.3%)
7% - Skurio Limited
5.3% - Industry AVG
Production
with a gross margin of 47.4%, this company has a comparable cost of product (47.4%)
47.4% - Skurio Limited
47.4% - Industry AVG
Profitability
an operating margin of -281.5% make it less profitable than the average company (6.9%)
-281.5% - Skurio Limited
6.9% - Industry AVG
Employees
with 35 employees, this is above the industry average (13)
35 - Skurio Limited
13 - Industry AVG
Pay Structure
on an average salary of £82.7k, the company has a higher pay structure (£56.3k)
£82.7k - Skurio Limited
£56.3k - Industry AVG
Efficiency
resulting in sales per employee of £29.5k, this is less efficient (£125.9k)
£29.5k - Skurio Limited
£125.9k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is near the average (66 days)
70 days - Skurio Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (31 days)
34 days - Skurio Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Skurio Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (19 weeks)
14 weeks - Skurio Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 987.9%, this is a higher level of debt than the average (57.6%)
987.9% - Skurio Limited
57.6% - Industry AVG
SKURIO LIMITED financials
Skurio Limited's latest turnover from March 2023 is £1 million and the company has net assets of -£6 million. According to their latest financial statements, Skurio Limited has 35 employees and maintains cash reserves of £337.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,032,496 | 930,736 | 860,058 | 844,409 | 536,405 | 293,272 | 449,297 | 1,019,149 | 503,241 | |||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -2,906,464 | -2,347,752 | -1,628,395 | -3,118,826 | -3,412,176 | -3,267,107 | -2,341,586 | -1,061,603 | -864,971 | |||||
| Interest Payable | 296,275 | 677,563 | 119,391 | 420 | 6,047 | |||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -3,202,739 | -3,025,315 | -1,747,786 | -3,118,826 | -3,412,176 | -3,267,107 | -2,342,006 | -1,061,603 | -871,018 | |||||
| Tax | 128,545 | 101,677 | 197,709 | 177,758 | 115,953 | 15,604 | 137,814 | |||||||
| Profit After Tax | -3,074,194 | -2,923,638 | -1,550,077 | -2,941,068 | -3,296,223 | -3,251,503 | -2,204,192 | -1,061,603 | -871,018 | |||||
| Dividends Paid | ||||||||||||||
| Retained Profit | -3,074,194 | -2,923,638 | -1,550,077 | -2,941,068 | -3,296,223 | -3,251,503 | -2,204,192 | -1,061,603 | -871,018 | |||||
| Employee Costs | 2,894,431 | 2,205,745 | 1,800,375 | 2,446,800 | 2,710,248 | 2,319,777 | 1,590,946 | 874,169 | 439,738 | |||||
| Number Of Employees | 35 | 35 | 35 | 39 | 45 | 42 | 28 | 21 | 13 | |||||
| EBITDA* | -2,893,009 | -2,341,751 | -1,622,760 | -3,104,042 | -3,392,874 | -3,244,773 | -2,324,176 | -1,045,122 | -853,173 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,747 | 30,952 | 1,320 | 9,680 | 142,216 | 40,972 | 32,077 | 28,931 | 23,133 | 9,940 | 12,074 | 2,732 | 2,056 | 1,332 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 117,971 | |||||||||||||
| Total Fixed Assets | 22,747 | 30,952 | 1,320 | 9,680 | 142,216 | 40,972 | 32,077 | 28,931 | 23,133 | 9,940 | 12,074 | 2,732 | 2,056 | 1,332 |
| Stock & work in progress | 12,523 | |||||||||||||
| Trade Debtors | 199,155 | 782,223 | 284,468 | 527,104 | 345,752 | 146,075 | 91,140 | 45,400 | 96,560 | 265,950 | 329,271 | 54,978 | 2,500 | 2,500 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 115,545 | 173,855 | 80,706 | 122,948 | 20,078 | 118,587 | 106,623 | 32,335 | 22,485 | 10,000 | 10,000 | |||
| Cash | 337,455 | 45,916 | 1,248,744 | 229,054 | 378,853 | 299,575 | 2,461,498 | 151,676 | 57,965 | 33 | 39,078 | 1,685 | 46,025 | 42,497 |
| misc current assets | ||||||||||||||
| total current assets | 652,155 | 1,001,994 | 1,613,918 | 879,106 | 744,683 | 564,237 | 2,659,261 | 229,411 | 177,010 | 265,983 | 368,349 | 56,663 | 58,525 | 67,520 |
| total assets | 674,902 | 1,032,946 | 1,615,238 | 888,786 | 886,899 | 605,209 | 2,691,338 | 258,342 | 200,143 | 275,923 | 380,423 | 59,395 | 60,581 | 68,852 |
| Bank overdraft | ||||||||||||||
| Bank loan | 505,316 | 7,098 | ||||||||||||
| Trade Creditors | 51,093 | 128,125 | 48,951 | 90,624 | 85,877 | 60,211 | 104,267 | 150,425 | 178,829 | 446,876 | 161,151 | 59,365 | 9,083 | 12,490 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | 5,526 | 10,488 | 6,403 | 2,780,936 | 4,578 | 4,865 | 2,647 | |||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 1,120,239 | 1,236,199 | 854,293 | 757,169 | 606,579 | 352,586 | 271,105 | 315,609 | 257,243 | |||||
| total current liabilities | 1,176,858 | 1,374,812 | 909,647 | 3,628,729 | 697,034 | 417,662 | 378,019 | 971,350 | 443,170 | 446,876 | 161,151 | 59,365 | 9,083 | 12,490 |
| loans | 10,981,194 | 9,124,790 | 6,166,792 | |||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 198,897 | 199,500 | ||||||||||||
| other liabilities | 20,000 | |||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 5,490,597 | 4,562,395 | 3,083,396 | 20,000 | 199,500 | |||||||||
| total liabilities | 6,667,455 | 5,937,207 | 3,993,043 | 3,628,729 | 697,034 | 417,662 | 378,019 | 991,350 | 443,170 | 646,376 | 161,151 | 59,365 | 9,083 | 12,490 |
| net assets | -5,992,553 | -4,904,261 | -2,377,805 | -2,739,943 | 189,865 | 187,547 | 2,313,319 | -733,008 | -243,027 | -370,453 | 219,272 | 30 | 51,498 | 56,362 |
| total shareholders funds | -5,992,553 | -4,904,261 | -2,377,805 | -2,739,943 | 189,865 | 187,547 | 2,313,319 | -733,008 | -243,027 | -370,453 | 219,272 | 30 | 51,498 | 56,362 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -2,906,464 | -2,347,752 | -1,628,395 | -3,118,826 | -3,412,176 | -3,267,107 | -2,341,586 | -1,061,603 | -864,971 | |||||
| Depreciation | 13,455 | 6,001 | 5,635 | 14,784 | 19,302 | 22,334 | 17,410 | 16,481 | 11,798 | 4,357 | 4,648 | 1,178 | 828 | 616 |
| Amortisation | ||||||||||||||
| Tax | 128,545 | 101,677 | 197,709 | 177,758 | 115,953 | 15,604 | 137,814 | |||||||
| Stock | -12,523 | 12,523 | ||||||||||||
| Debtors | -641,378 | 590,904 | -284,878 | 166,251 | 219,139 | 66,899 | 120,028 | -41,310 | -146,905 | -63,321 | 274,293 | 42,478 | 12,500 | |
| Creditors | -77,032 | 79,174 | -41,673 | 4,747 | 25,666 | -44,056 | -46,158 | -28,404 | -268,047 | 285,725 | 101,786 | 50,282 | -3,407 | 12,490 |
| Accruals and Deferred Income | -115,960 | 381,906 | 97,124 | 150,590 | 55,096 | 280,378 | -44,504 | 58,366 | 57,743 | 199,500 | ||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | -2,316,078 | -2,369,898 | -1,084,722 | -2,937,198 | -3,415,298 | -3,059,746 | -2,397,052 | -973,850 | -916,572 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -505,316 | 498,218 | 7,098 | |||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | -4,962 | 4,085 | -2,774,533 | 2,776,358 | -287 | 2,218 | 2,647 | |||||||
| Long term loans | 1,856,404 | 2,957,998 | 6,166,792 | |||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -20,000 | 20,000 | ||||||||||||
| share issue | ||||||||||||||
| interest | -296,275 | -677,563 | -119,391 | -420 | -6,047 | |||||||||
| cash flow from financing | 3,541,069 | 2,681,702 | 5,185,083 | 2,787,618 | 3,298,254 | 1,127,949 | 4,727,430 | 1,089,840 | 999,495 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | 291,539 | -1,202,828 | 1,019,690 | -149,799 | 79,278 | -2,161,923 | 2,309,822 | 93,711 | 57,932 | -39,045 | 37,393 | -44,340 | 3,528 | 42,497 |
| overdraft | ||||||||||||||
| change in cash | 291,539 | -1,202,828 | 1,019,690 | -149,799 | 79,278 | -2,161,923 | 2,309,822 | 93,711 | 57,932 | -39,045 | 37,393 | -44,340 | 3,528 | 42,497 |
skurio limited Credit Report and Business Information
Skurio Limited Competitor Analysis
Perform a competitor analysis for skurio limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BT1 area or any other competitors across 12 key performance metrics.
skurio limited Ownership
SKURIO LIMITED group structure
Skurio Limited has no subsidiary companies.
Ultimate parent company
SKURIO LIMITED
NI064091
skurio limited directors
Skurio Limited currently has 3 directors. The longest serving directors include Mr Richard Rae (Jun 2015) and Mr Jeremy Hendy (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Rae | England | 65 years | Jun 2015 | - | Director |
| Mr Jeremy Hendy | 58 years | May 2018 | - | Director | |
| Mr Adrian Thirkill | England | 61 years | Sep 2020 | - | Director |
P&L
March 2023turnover
1m
+11%
operating profit
-2.9m
+24%
gross margin
47.5%
+4.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-6m
+0.22%
total assets
674.9k
-0.35%
cash
337.5k
+6.35%
net assets
Total assets minus all liabilities
skurio limited company details
company number
NI064091
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
April 2007
age
18
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
repknight ltd (June 2019)
rejo systems limited (May 2011)
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
c/o keenan cf 10th floor, victoria house, belfast, BT1 4LS
Bank
-
Legal Advisor
-
skurio 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 skurio limited. Currently there are 1 open charges and 0 have been satisfied in the past.
skurio 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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skurio limited Companies House Filings - See Documents
| date | description | view/download |
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