softel limited
softel limited Company Information
Company Number
01726537
Next Accounts
563 days late
Directors
Shareholders
grass valley broadcast solutions limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
12 queen eleanor house, kingscle, 12 queen eleanor house, kingscle, kingsclere, hampshire, RG20 4SW
Website
http://miranda.comsoftel limited Estimated Valuation
Pomanda estimates the enterprise value of SOFTEL LIMITED at £3.2k based on a Turnover of £4.5k and 0.72x industry multiple (adjusted for size and gross margin).
softel limited Estimated Valuation
Pomanda estimates the enterprise value of SOFTEL LIMITED at £1.9k based on an EBITDA of £385 and a 4.91x industry multiple (adjusted for size and gross margin).
softel limited Estimated Valuation
Pomanda estimates the enterprise value of SOFTEL LIMITED at £303.6k based on Net Assets of £134.9k and 2.25x industry multiple (adjusted for liquidity).
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Softel Limited Overview
Softel Limited is a live company located in kingsclere, RG20 4SW with a Companies House number of 01726537. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 1983, it's largest shareholder is grass valley broadcast solutions limited with a 100% stake. Softel Limited is a mature, micro sized company, Pomanda has estimated its turnover at £4.5k with declining growth in recent years.
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Softel Limited Health Check
Pomanda's financial health check has awarded Softel Limited a 3 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
2 Regular
5 Weak
Size
annual sales of £4.5k, make it smaller than the average company (£5.1m)
£4.5k - Softel Limited
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -74%, show it is growing at a slower rate (6.9%)
-74% - Softel Limited
6.9% - Industry AVG
Production
with a gross margin of 52%, this company has a comparable cost of product (52%)
52% - Softel Limited
52% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (4.4%)
8.6% - Softel Limited
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (35)
- Softel Limited
35 - Industry AVG
Pay Structure
on an average salary of £61.6k, the company has an equivalent pay structure (£61.6k)
- Softel Limited
£61.6k - Industry AVG
Efficiency
resulting in sales per employee of £4.5k, this is less efficient (£159.3k)
- Softel Limited
£159.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Softel Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (37 days)
22 days - Softel Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Softel Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Softel Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (64.2%)
9.6% - Softel Limited
64.2% - Industry AVG
SOFTEL LIMITED financials
Softel Limited's latest turnover from December 2019 is £4.5 thousand and the company has net assets of £134.9 thousand. According to their latest financial statements, we estimate that Softel Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,484 | 346,941 | 972,057 | 243,272 | 1,084,749 | 1,012,540 | 2,824,666 | 2,627,482 | 3,414,682 | 2,932,656 | 3,076,460 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 191,930 | 1,354,293 | 583,001 | 1,402,849 | 1,296,362 | 1,794,534 | 1,780,391 | 2,071,301 | |||
| Gross Profit | 972,057 | 51,342 | -269,544 | 429,539 | 1,421,817 | 1,331,120 | 1,620,148 | 1,152,265 | 1,005,159 | ||
| Admin Expenses | 916,353 | 1,082,301 | 856,177 | 1,099,272 | 986,673 | 301,673 | 976,502 | 887,161 | 1,002,025 | ||
| Operating Profit | 385 | 19,162 | 55,704 | -1,030,959 | -1,125,721 | -669,733 | 435,144 | 1,029,447 | 643,646 | 265,104 | 3,134 |
| Interest Payable | 34 | 425 | 3,241 | 5 | |||||||
| Interest Receivable | 436 | 10 | 589 | 1,422 | 9,389 | 4,930 | 3,978 | 2,527 | |||
| Pre-Tax Profit | 787 | 18,737 | 52,473 | -1,030,964 | -1,125,721 | -669,144 | 679,350 | 1,038,836 | 648,576 | 269,082 | 5,661 |
| Tax | -1,910 | -87 | -92,163 | -125,604 | 98,545 | -85,106 | -219,687 | -34,241 | 7,404 | 104,597 | |
| Profit After Tax | -1,123 | 18,650 | -39,690 | -1,030,964 | -1,251,325 | -570,599 | 594,244 | 819,149 | 614,335 | 276,486 | 110,258 |
| Dividends Paid | 550,073 | ||||||||||
| Retained Profit | -1,123 | 18,650 | -39,690 | -1,030,964 | -1,251,325 | -570,599 | 594,244 | 819,149 | 64,262 | 276,486 | 110,258 |
| Employee Costs | 1,533,534 | 1,762,771 | 986,585 | ||||||||
| Number Of Employees | 4 | 15 | 17 | 23 | 27 | 29 | 33 | ||||
| EBITDA* | 385 | 19,162 | 63,888 | -1,030,959 | -1,125,721 | -664,698 | 454,979 | 1,048,095 | 676,008 | 298,031 | 42,939 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,035 | 14,474 | 32,818 | 64,328 | 101,408 | ||||||
| Intangible Assets | |||||||||||
| Investments & Other | 7,649 | 7,649 | 7,649 | 7,649 | |||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 5,035 | 22,123 | 40,467 | 71,977 | 109,057 | ||||||
| Stock & work in progress | 95,067 | 324,136 | 111,518 | 104,358 | 166,725 | 135,288 | 134,087 | ||||
| Trade Debtors | 54,223 | 268,381 | 359,693 | 391,330 | 351,859 | ||||||
| Group Debtors | 149,275 | 471,704 | 661,206 | 149,508 | 1,223,160 | 3,275,830 | 3,546,526 | 65,969 | 128,211 | 154,626 | 1,503 |
| Misc Debtors | 55,204 | 82,522 | 164,806 | 95,613 | 75,922 | 25,845 | 44,470 | 131,855 | 93,145 | 198,660 | |
| Cash | 3,425 | 493,574 | 195,376 | 2,503,124 | 1,347,021 | 1,157,973 | 919,251 | ||||
| misc current assets | |||||||||||
| total current assets | 149,275 | 526,908 | 743,728 | 314,314 | 1,417,265 | 4,169,462 | 3,933,488 | 2,986,302 | 2,133,505 | 1,932,362 | 1,605,360 |
| total assets | 149,275 | 526,908 | 743,728 | 314,314 | 1,417,265 | 4,169,462 | 3,938,523 | 3,008,425 | 2,173,972 | 2,004,339 | 1,714,417 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 130 | 1,176 | 8,217 | 12,116 | 30,070 | 47,912 | 14,161 | 79,713 | 9,178 | 23,223 | 12,319 |
| Group/Directors Accounts | 308,917 | 377,288 | 88,060 | 31,846 | 1,480,958 | 152,352 | 1,333 | ||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 14,213 | 45,084 | 240,819 | 57,035 | 167,282 | 201,200 | 762,019 | 533,835 | 589,066 | 477,032 | 475,833 |
| total current liabilities | 14,343 | 355,177 | 626,324 | 157,211 | 229,198 | 1,730,070 | 928,532 | 613,548 | 598,244 | 501,588 | 488,152 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 35,677 | ||||||||||
| total long term liabilities | 35,677 | ||||||||||
| total liabilities | 14,343 | 390,854 | 626,324 | 157,211 | 229,198 | 1,730,070 | 928,532 | 613,548 | 598,244 | 501,588 | 488,152 |
| net assets | 134,932 | 136,054 | 117,404 | 157,103 | 1,188,067 | 2,439,392 | 3,009,991 | 2,394,877 | 1,575,728 | 1,502,751 | 1,226,265 |
| total shareholders funds | 134,932 | 136,054 | 117,404 | 157,103 | 1,188,067 | 2,439,392 | 3,009,991 | 2,394,877 | 1,575,728 | 1,502,751 | 1,226,265 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 385 | 19,162 | 55,704 | -1,030,959 | -1,125,721 | -669,733 | 435,144 | 1,029,447 | 643,646 | 265,104 | 3,134 |
| Depreciation | 8,184 | 5,035 | 19,835 | 18,648 | 32,362 | 32,927 | 39,805 | ||||
| Amortisation | |||||||||||
| Tax | -1,910 | -87 | -92,163 | -125,604 | 98,545 | -85,106 | -219,687 | -34,241 | 7,404 | 104,597 | |
| Stock | -95,067 | -229,069 | 212,618 | -55,207 | -62,367 | 31,437 | 1,201 | 134,087 | |||
| Debtors | -377,633 | -216,820 | 429,414 | -1,004,459 | -2,032,979 | -274,842 | 3,006,835 | -240,939 | -19,342 | 87,079 | 552,022 |
| Creditors | -1,046 | -7,041 | -3,899 | -17,954 | -17,842 | 33,751 | 4,983 | 70,535 | -14,045 | 10,904 | 12,319 |
| Accruals and Deferred Income | -30,871 | -195,735 | 183,784 | -110,247 | -33,918 | -560,819 | 172,953 | -55,231 | 112,034 | 1,199 | 475,833 |
| Deferred Taxes & Provisions | -35,677 | 35,677 | |||||||||
| Cash flow from operations | 308,514 | 68,796 | -277,804 | -59,634 | 958,963 | -1,030,997 | -2,403,819 | 1,147,018 | 727,661 | 229,258 | -50,421 |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -7,649 | 7,649 | |||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -308,917 | -68,371 | 289,228 | 56,214 | -1,449,112 | 1,328,606 | 152,352 | -1,333 | 1,333 | ||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 402 | -425 | -3,231 | -5 | 589 | 1,422 | 9,389 | 4,930 | 3,978 | 2,527 | |
| cash flow from financing | -308,514 | -68,796 | 285,988 | 56,209 | -1,449,112 | 1,329,195 | 993,793 | 9,389 | 12,312 | 5,311 | 1,118,534 |
| cash and cash equivalents | |||||||||||
| cash | -3,425 | -490,149 | 298,198 | -1,151,645 | 1,156,103 | 189,048 | 238,722 | 919,251 | |||
| overdraft | |||||||||||
| change in cash | -3,425 | -490,149 | 298,198 | -1,151,645 | 1,156,103 | 189,048 | 238,722 | 919,251 |
softel limited Credit Report and Business Information
Softel Limited Competitor Analysis
Perform a competitor analysis for softel limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RG20 area or any other competitors across 12 key performance metrics.
softel limited Ownership
SOFTEL LIMITED group structure
Softel Limited has no subsidiary companies.
Ultimate parent company
BELDEN INC
#0063823
2 parents
SOFTEL LIMITED
01726537
softel limited directors
Softel Limited currently has 1 director, Mr Jonathan Wilson serving since Oct 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Wilson | United Kingdom | 42 years | Oct 2023 | - | Director |
P&L
December 2019turnover
4.5k
-99%
operating profit
385
-98%
gross margin
52.1%
-1.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
134.9k
-0.01%
total assets
149.3k
-0.72%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
softel limited company details
company number
01726537
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
May 1983
age
42
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2021
previous names
racetrade limited (July 1983)
accountant
-
auditor
GRANT THORNTON UK LLP
address
12 queen eleanor house, kingscle, 12 queen eleanor house, kingscle, kingsclere, hampshire, RG20 4SW
Bank
-
Legal Advisor
-
softel 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 softel limited. Currently there are 0 open charges and 5 have been satisfied in the past.
softel 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.
Click to start generating capital raising & share issue transactions for SOFTEL LIMITED. This can take several minutes, an email will notify you when this has completed.
softel limited Companies House Filings - See Documents
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