cincom systems (uk) limited
cincom systems (uk) limited Company Information
Company Number
01666547
Next Accounts
Jun 2025
Industry
Computer consultancy activities
Shareholders
cincom international operations
Group Structure
View All
Contact
Registered Address
2 city approach albert street, eccles, manchester, M30 0BL
Website
www.cincom.comcincom systems (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CINCOM SYSTEMS (UK) LIMITED at £5.8m based on a Turnover of £5.5m and 1.06x industry multiple (adjusted for size and gross margin).
cincom systems (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CINCOM SYSTEMS (UK) LIMITED at £5.1m based on an EBITDA of £693k and a 7.34x industry multiple (adjusted for size and gross margin).
cincom systems (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CINCOM SYSTEMS (UK) LIMITED at £25.5m based on Net Assets of £11.2m and 2.29x industry multiple (adjusted for liquidity).
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Cincom Systems (uk) Limited Overview
Cincom Systems (uk) Limited is a live company located in manchester, M30 0BL with a Companies House number of 01666547. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in September 1982, it's largest shareholder is cincom international operations with a 100% stake. Cincom Systems (uk) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.5m with declining growth in recent years.
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Cincom Systems (uk) Limited Health Check
Pomanda's financial health check has awarded Cincom Systems (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
2 Weak
Size
annual sales of £5.5m, make it larger than the average company (£1.3m)
£5.5m - Cincom Systems (uk) Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (7%)
-6% - Cincom Systems (uk) Limited
7% - Industry AVG
Production
with a gross margin of 73.5%, this company has a lower cost of product (49.1%)
73.5% - Cincom Systems (uk) Limited
49.1% - Industry AVG
Profitability
an operating margin of 10.5% make it more profitable than the average company (6.9%)
10.5% - Cincom Systems (uk) Limited
6.9% - Industry AVG
Employees
with 34 employees, this is above the industry average (12)
34 - Cincom Systems (uk) Limited
12 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Cincom Systems (uk) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £161.9k, this is more efficient (£127k)
£161.9k - Cincom Systems (uk) Limited
£127k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is earlier than average (63 days)
46 days - Cincom Systems (uk) Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (29 days)
11 days - Cincom Systems (uk) Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cincom Systems (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (18 weeks)
18 weeks - Cincom Systems (uk) Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.8%, this is a lower level of debt than the average (57.8%)
31.8% - Cincom Systems (uk) Limited
57.8% - Industry AVG
CINCOM SYSTEMS (UK) LIMITED financials
Cincom Systems (Uk) Limited's latest turnover from September 2023 is £5.5 million and the company has net assets of £11.2 million. According to their latest financial statements, Cincom Systems (Uk) Limited has 34 employees and maintains cash reserves of £928 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,504,000 | 5,786,000 | 6,546,000 | 6,535,000 | 6,935,000 | 6,937,000 | 6,484,000 | 7,031,000 | 7,019,000 | 8,392,000 | 8,876,000 | 8,690,000 | 10,608,000 | 10,902,000 | 10,743,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,457,000 | 1,359,000 | 1,908,000 | 1,987,000 | 2,065,000 | 2,100,000 | 1,777,000 | 2,030,000 | 2,335,000 | 2,551,000 | 2,654,000 | 2,659,000 | 3,662,000 | 3,607,000 | 3,410,000 |
| Gross Profit | 4,047,000 | 4,427,000 | 4,638,000 | 4,548,000 | 4,870,000 | 4,837,000 | 4,707,000 | 5,001,000 | 4,684,000 | 5,841,000 | 6,222,000 | 6,031,000 | 6,946,000 | 7,295,000 | 7,333,000 |
| Admin Expenses | 3,471,000 | 3,681,000 | 4,125,000 | 3,587,000 | 4,011,000 | 4,327,000 | 2,913,000 | 4,141,000 | 4,626,000 | 5,527,000 | 6,354,000 | 4,891,000 | 6,721,000 | 6,579,000 | 6,571,000 |
| Operating Profit | 576,000 | 746,000 | 513,000 | 961,000 | 859,000 | 510,000 | 1,794,000 | 860,000 | 58,000 | 314,000 | -132,000 | 1,140,000 | 225,000 | 716,000 | 762,000 |
| Interest Payable | 94,000 | 243,000 | 209,000 | 32,000 | 48,000 | 4,000 | 46,000 | 124,000 | 98,000 | 1,041,000 | 872,000 | 2,000 | 957,000 | 940,000 | 905,000 |
| Interest Receivable | 586,000 | 167,000 | 64,000 | 93,000 | 133,000 | 112,000 | 71,000 | 118,000 | 121,000 | 1,238,000 | 967,000 | 18,000 | 1,014,000 | 1,010,000 | 1,003,000 |
| Pre-Tax Profit | 1,068,000 | 670,000 | 368,000 | 824,000 | 697,000 | 366,000 | 1,511,000 | 628,000 | -150,000 | 522,000 | 102,000 | 1,225,000 | 218,000 | 770,000 | 769,000 |
| Tax | -226,000 | -123,000 | -57,000 | -155,000 | -168,000 | -88,000 | -350,000 | -148,000 | 28,000 | -120,000 | -11,000 | -304,000 | -73,000 | -241,000 | -226,000 |
| Profit After Tax | 842,000 | 547,000 | 311,000 | 669,000 | 529,000 | 278,000 | 1,161,000 | 480,000 | -122,000 | 402,000 | 91,000 | 921,000 | 145,000 | 529,000 | 543,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 842,000 | 547,000 | 311,000 | 669,000 | 529,000 | 278,000 | 1,161,000 | 480,000 | -122,000 | 402,000 | 91,000 | 921,000 | 145,000 | 529,000 | 543,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 2,521,000 | 2,374,000 | 2,530,000 | 3,235,000 | 3,194,000 | 3,456,000 | 3,711,000 | 3,991,000 | 4,297,000 |
| Number Of Employees | 34 | 34 | 35 | 35 | 34 | 35 | 36 | 37 | 40 | 52 | 55 | 59 | 66 | 66 | 70 |
| EBITDA* | 693,000 | 928,000 | 674,000 | 1,091,000 | 954,000 | 605,000 | 1,880,000 | 944,000 | 146,000 | 399,000 | -59,000 | 1,208,000 | 299,000 | 792,000 | 841,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 462,000 | 456,000 | 208,000 | 268,000 | 262,000 | 319,000 | 300,000 | 366,000 | 407,000 | 396,000 | 439,000 | 282,000 | 320,000 | 358,000 | 353,000 |
| Intangible Assets | 4,000 | 19,000 | 35,000 | 1,000 | 3,000 | 0 | 2,000 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 482,000 | 150,000 | 2,266,000 | 2,315,000 | 1,835,000 | 1,374,000 | 1,414,000 | 2,020,000 | 1,123,000 | 11,452,000 | 11,418,000 | 10,294,000 | 9,541,000 | 10,841,000 | 9,398,000 |
| Total Fixed Assets | 948,000 | 625,000 | 2,509,000 | 2,584,000 | 2,100,000 | 1,693,000 | 1,716,000 | 2,389,000 | 1,533,000 | 11,848,000 | 11,857,000 | 10,576,000 | 9,861,000 | 11,199,000 | 9,751,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 694,000 | 819,000 | 1,042,000 | 1,078,000 | 1,230,000 | 3,047,000 | 693,000 | 1,196,000 | 1,342,000 | 1,456,000 | 960,000 | 866,000 | 1,413,000 | 1,460,000 | 1,462,000 |
| Group Debtors | 13,605,000 | 13,849,000 | 13,449,000 | 13,640,000 | 13,603,000 | 12,491,000 | 12,095,000 | 11,278,000 | 11,951,000 | 45,000 | 86,000 | 1,146,000 | 757,000 | 598,000 | 1,643,000 |
| Misc Debtors | 189,000 | 290,000 | 668,000 | 597,000 | 788,000 | 768,000 | 887,000 | 816,000 | 740,000 | 423,000 | 522,000 | 347,000 | 556,000 | 413,000 | 529,000 |
| Cash | 928,000 | 808,000 | 760,000 | 289,000 | 181,000 | 240,000 | 1,453,000 | 520,000 | 447,000 | 343,000 | 356,000 | 198,000 | 360,000 | 259,000 | 427,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,416,000 | 15,766,000 | 15,919,000 | 15,604,000 | 15,802,000 | 16,546,000 | 15,128,000 | 13,810,000 | 14,480,000 | 2,267,000 | 1,924,000 | 2,557,000 | 3,086,000 | 2,730,000 | 4,061,000 |
| total assets | 16,364,000 | 16,391,000 | 18,428,000 | 18,188,000 | 17,902,000 | 18,239,000 | 16,844,000 | 16,199,000 | 16,013,000 | 14,115,000 | 13,781,000 | 13,133,000 | 12,947,000 | 13,929,000 | 13,812,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 47,000 | 569,000 | 126,000 | 158,000 | 181,000 | 317,000 | 219,000 | 206,000 | 293,000 | 254,000 | 311,000 | 209,000 | 236,000 | 217,000 | 320,000 |
| Group/Directors Accounts | 73,000 | 107,000 | 436,000 | 55,000 | 105,000 | 206,000 | 17,000 | 37,000 | 365,000 | 199,000 | 17,000 | 139,000 | 85,000 | 155,000 | 387,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,523,000 | 2,414,000 | 2,653,000 | 3,273,000 | 3,636,000 | 4,336,000 | 3,971,000 | 3,218,000 | 3,741,000 | 3,215,000 | 3,196,000 | 3,153,000 | 4,150,000 | 5,620,000 | 4,892,000 |
| total current liabilities | 2,643,000 | 3,090,000 | 3,215,000 | 3,486,000 | 3,922,000 | 4,859,000 | 4,207,000 | 3,461,000 | 4,399,000 | 3,668,000 | 3,524,000 | 3,501,000 | 4,471,000 | 5,992,000 | 5,599,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 13,000 | 119,000 | 136,000 | 169,000 | 424,000 | 1,024,000 | 694,000 | 397,000 | 462,000 | 189,000 | 372,000 | 783,000 | 465,000 | 1,181,000 | 1,879,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 233,000 | 771,000 | 1,119,000 | 947,000 | 1,275,000 | 2,144,000 | 2,077,000 | 3,230,000 | 3,529,000 | 3,723,000 | 3,500,000 | 2,277,000 | 2,130,000 | 768,000 | 583,000 |
| total long term liabilities | 2,554,000 | 1,920,000 | 10,697,000 | 13,545,000 | 12,715,000 | 11,468,000 | 11,305,000 | 15,726,000 | 9,826,000 | 8,447,000 | 7,884,000 | 5,635,000 | 4,759,000 | 5,060,000 | 5,444,000 |
| total liabilities | 5,197,000 | 5,010,000 | 13,912,000 | 17,031,000 | 16,637,000 | 16,327,000 | 15,512,000 | 19,187,000 | 14,225,000 | 12,115,000 | 11,408,000 | 9,136,000 | 9,230,000 | 11,052,000 | 11,043,000 |
| net assets | 11,167,000 | 11,381,000 | 4,516,000 | 1,157,000 | 1,265,000 | 1,912,000 | 1,332,000 | -2,988,000 | 1,788,000 | 2,000,000 | 2,373,000 | 3,997,000 | 3,717,000 | 2,877,000 | 2,769,000 |
| total shareholders funds | 11,167,000 | 11,381,000 | 4,516,000 | 1,157,000 | 1,265,000 | 1,912,000 | 1,332,000 | -2,988,000 | 1,788,000 | 2,000,000 | 2,373,000 | 3,997,000 | 3,717,000 | 2,877,000 | 2,769,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 576,000 | 746,000 | 513,000 | 961,000 | 859,000 | 510,000 | 1,794,000 | 860,000 | 58,000 | 314,000 | -132,000 | 1,140,000 | 225,000 | 716,000 | 762,000 |
| Depreciation | 102,000 | 166,000 | 148,000 | 128,000 | 94,000 | 93,000 | 83,000 | 81,000 | 85,000 | 85,000 | 73,000 | 68,000 | 74,000 | 76,000 | 79,000 |
| Amortisation | 15,000 | 16,000 | 13,000 | 2,000 | 1,000 | 2,000 | 3,000 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -226,000 | -123,000 | -57,000 | -155,000 | -168,000 | -88,000 | -350,000 | -148,000 | 28,000 | -120,000 | -11,000 | -304,000 | -73,000 | -241,000 | -226,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -138,000 | -2,317,000 | -205,000 | 174,000 | -224,000 | 2,591,000 | -221,000 | 154,000 | 1,780,000 | 390,000 | 333,000 | 386,000 | -1,045,000 | 280,000 | 13,032,000 |
| Creditors | -522,000 | 443,000 | -32,000 | -23,000 | -136,000 | 98,000 | 13,000 | -87,000 | 39,000 | -57,000 | 102,000 | -27,000 | 19,000 | -103,000 | 320,000 |
| Accruals and Deferred Income | 3,000 | -256,000 | -653,000 | -618,000 | -1,300,000 | 695,000 | 1,050,000 | -588,000 | 799,000 | -164,000 | -368,000 | -679,000 | -2,186,000 | 30,000 | 6,771,000 |
| Deferred Taxes & Provisions | -538,000 | -348,000 | 172,000 | -328,000 | -869,000 | 67,000 | -1,153,000 | -299,000 | -194,000 | 223,000 | 1,223,000 | 147,000 | 1,362,000 | 185,000 | 583,000 |
| Cash flow from operations | -452,000 | 2,961,000 | 309,000 | -207,000 | -1,295,000 | -1,214,000 | 1,661,000 | -332,000 | -962,000 | -109,000 | 554,000 | -41,000 | 466,000 | 383,000 | -4,743,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -19,000 | -43,000 | -99,000 | -43,000 | -231,000 | -30,000 | -36,000 | -81,000 | -40,000 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -19,000 | -43,000 | -99,000 | -43,000 | -231,000 | -30,000 | -36,000 | -81,000 | -40,000 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -34,000 | -329,000 | 381,000 | -50,000 | -101,000 | 189,000 | -20,000 | -328,000 | 166,000 | 182,000 | -122,000 | 54,000 | -70,000 | -232,000 | 387,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 492,000 | -76,000 | -145,000 | 61,000 | 85,000 | 108,000 | 25,000 | -6,000 | 23,000 | 197,000 | 95,000 | 16,000 | 57,000 | 70,000 | 98,000 |
| cash flow from financing | -598,000 | 5,913,000 | 3,284,000 | -766,000 | -1,192,000 | 599,000 | 3,164,000 | -5,590,000 | 99,000 | -396,000 | -1,742,000 | -571,000 | 682,000 | -583,000 | 2,711,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 120,000 | 48,000 | 471,000 | 108,000 | -59,000 | -1,213,000 | 933,000 | 73,000 | 104,000 | -13,000 | 158,000 | -162,000 | 101,000 | -168,000 | 427,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 120,000 | 48,000 | 471,000 | 108,000 | -59,000 | -1,213,000 | 933,000 | 73,000 | 104,000 | -13,000 | 158,000 | -162,000 | 101,000 | -168,000 | 427,000 |
cincom systems (uk) limited Credit Report and Business Information
Cincom Systems (uk) Limited Competitor Analysis
Perform a competitor analysis for cincom systems (uk) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in M30 area or any other competitors across 12 key performance metrics.
cincom systems (uk) limited Ownership
CINCOM SYSTEMS (UK) LIMITED group structure
Cincom Systems (Uk) Limited has 1 subsidiary company.
Ultimate parent company
CINCOM SYSTEMS INC
#0003704
CINCOM INTERNATIONAL OPERATIONS INC
#0003703
2 parents
CINCOM SYSTEMS (UK) LIMITED
01666547
1 subsidiary
cincom systems (uk) limited directors
Cincom Systems (Uk) Limited currently has 2 directors. The longest serving directors include Mr Karl Gilbank (Jun 2024) and Mr Andrew Hall (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Karl Gilbank | England | 50 years | Jun 2024 | - | Director |
| Mr Andrew Hall | England | 72 years | Jun 2024 | - | Director |
P&L
September 2023turnover
5.5m
-5%
operating profit
576k
-23%
gross margin
73.6%
-3.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
11.2m
-0.02%
total assets
16.4m
0%
cash
928k
+0.15%
net assets
Total assets minus all liabilities
cincom systems (uk) limited company details
company number
01666547
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
September 1982
age
43
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
woolfour limited (November 1982)
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
address
2 city approach albert street, eccles, manchester, M30 0BL
Bank
-
Legal Advisor
-
cincom systems (uk) 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 5 charges/mortgages relating to cincom systems (uk) limited. Currently there are 0 open charges and 5 have been satisfied in the past.
cincom systems (uk) 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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cincom systems (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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