solid state computing limited
solid state computing limited Company Information
Company Number
02218358
Next Accounts
Dec 2025
Shareholders
karl harvey ashford
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
822 attercliffe road, sheffield, south yorkshire, S9 3RS
Website
http://synergy-uk.comsolid state computing limited Estimated Valuation
Pomanda estimates the enterprise value of SOLID STATE COMPUTING LIMITED at £224.9k based on a Turnover of £447k and 0.5x industry multiple (adjusted for size and gross margin).
solid state computing limited Estimated Valuation
Pomanda estimates the enterprise value of SOLID STATE COMPUTING LIMITED at £56.9k based on an EBITDA of £16k and a 3.55x industry multiple (adjusted for size and gross margin).
solid state computing limited Estimated Valuation
Pomanda estimates the enterprise value of SOLID STATE COMPUTING LIMITED at £400.1k based on Net Assets of £175k and 2.29x industry multiple (adjusted for liquidity).
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Solid State Computing Limited Overview
Solid State Computing Limited is a live company located in south yorkshire, S9 3RS with a Companies House number of 02218358. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 1988, it's largest shareholder is karl harvey ashford with a 100% stake. Solid State Computing Limited is a mature, micro sized company, Pomanda has estimated its turnover at £447k with declining growth in recent years.
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Solid State Computing Limited Health Check
Pomanda's financial health check has awarded Solid State Computing Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £447k, make it smaller than the average company (£1.4m)
- Solid State Computing Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (9.3%)
- Solid State Computing Limited
9.3% - Industry AVG
Production
with a gross margin of 23.6%, this company has a higher cost of product (44.1%)
- Solid State Computing Limited
44.1% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (6%)
- Solid State Computing Limited
6% - Industry AVG
Employees
with 7 employees, this is below the industry average (12)
7 - Solid State Computing Limited
12 - Industry AVG
Pay Structure
on an average salary of £59.5k, the company has an equivalent pay structure (£59.5k)
- Solid State Computing Limited
£59.5k - Industry AVG
Efficiency
resulting in sales per employee of £63.9k, this is less efficient (£130.1k)
- Solid State Computing Limited
£130.1k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (62 days)
- Solid State Computing Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (28 days)
- Solid State Computing Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solid State Computing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Solid State Computing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (55.5%)
29.5% - Solid State Computing Limited
55.5% - Industry AVG
SOLID STATE COMPUTING LIMITED financials
Solid State Computing Limited's latest turnover from March 2024 is estimated at £447 thousand and the company has net assets of £175 thousand. According to their latest financial statements, Solid State Computing Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 8 | 9 | 8 | 8 | 8 | 9 | 9 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 87,992 | 108,846 | 121,457 | 123,856 | 128,248 | 114,047 | 106,253 | 72,377 | 56,805 | 19,194 | 6,238 | 28,125 | 1,500 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 87,992 | 108,846 | 121,457 | 123,856 | 128,248 | 114,047 | 106,253 | 72,377 | 56,805 | 19,194 | 6,238 | 28,125 | 1,500 | ||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 158,008 | 119,690 | 100,017 | 169,266 | 72,739 | 68,046 | 62,833 | 23,637 | 28,709 | 18,531 | 19,168 | 8,777 | 23,925 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,250 | 2,083 | 953 | 5,956 | 411 | 408 | |||||||||
| Cash | 22,676 | 11,272 | 12,323 | 1,647 | 3,779 | 27,660 | 1,021 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 160,258 | 121,773 | 100,970 | 175,222 | 73,150 | 68,454 | 85,509 | 34,909 | 41,032 | 20,178 | 22,947 | 36,437 | 24,946 | ||
| total assets | 248,250 | 230,619 | 222,427 | 299,078 | 201,398 | 182,501 | 191,762 | 107,286 | 97,837 | 39,372 | 29,185 | 64,562 | 26,446 | ||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 73,219 | 67,624 | 68,946 | 112,651 | 117,312 | 92,915 | 19,166 | 12,928 | 10,630 | 65,972 | 57,341 | 63,785 | 20,176 | ||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 61,954 | 77,306 | 76,719 | ||||||||||||
| total current liabilities | 73,219 | 67,624 | 68,946 | 112,651 | 117,312 | 92,915 | 81,120 | 90,234 | 87,349 | 65,972 | 57,341 | 63,785 | 20,176 | ||
| loans | 40,500 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 50,127 | 13,500 | 22,500 | 2,999 | 5,799 | ||||||||||
| provisions | 15,400 | 5,000 | 1,200 | ||||||||||||
| total long term liabilities | 50,127 | 13,500 | 22,500 | 55,900 | 2,999 | 10,799 | 1,200 | ||||||||
| total liabilities | 73,219 | 67,624 | 68,946 | 162,778 | 130,812 | 115,415 | 137,020 | 93,233 | 98,148 | 65,972 | 58,541 | 63,785 | 20,176 | ||
| net assets | 175,031 | 162,995 | 153,481 | 136,300 | 70,586 | 67,086 | 54,742 | 14,053 | -311 | -26,600 | -29,356 | 777 | 6,270 | ||
| total shareholders funds | 175,031 | 162,995 | 153,481 | 136,300 | 70,586 | 67,086 | 54,742 | 14,053 | -311 | -26,600 | -29,356 | 777 | 6,270 |
| Mar 2024 | 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 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 35,417 | 12,350 | 11,003 | 3,690 | 292 | 9,375 | 500 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 38,485 | 20,803 | -74,252 | 102,072 | 4,696 | 5,621 | 39,196 | -5,072 | 10,178 | -637 | 10,391 | -15,148 | 23,925 | ||
| Creditors | 5,595 | -1,322 | -43,705 | -4,661 | 24,397 | 73,749 | 6,238 | 2,298 | -55,342 | 8,631 | -6,444 | 43,609 | 20,176 | ||
| Accruals and Deferred Income | -61,954 | -15,352 | 587 | 76,719 | |||||||||||
| Deferred Taxes & Provisions | -15,400 | 15,400 | -5,000 | 5,000 | -1,200 | 1,200 | |||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -40,500 | 40,500 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -50,127 | 36,627 | -9,000 | 22,500 | -2,999 | -2,800 | 5,799 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -22,676 | 11,404 | -1,051 | 10,676 | -2,132 | -23,881 | 26,639 | 1,021 | |||||||
| overdraft | |||||||||||||||
| change in cash | -22,676 | 11,404 | -1,051 | 10,676 | -2,132 | -23,881 | 26,639 | 1,021 |
solid state computing limited Credit Report and Business Information
Solid State Computing Limited Competitor Analysis
Perform a competitor analysis for solid state computing limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in S 9 area or any other competitors across 12 key performance metrics.
solid state computing limited Ownership
SOLID STATE COMPUTING LIMITED group structure
Solid State Computing Limited has no subsidiary companies.
Ultimate parent company
SOLID STATE COMPUTING LIMITED
02218358
solid state computing limited directors
Solid State Computing Limited currently has 2 directors. The longest serving directors include Mr Karl Ashford (Jun 2011) and Miss Karen Andrews (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Karl Ashford | England | 61 years | Jun 2011 | - | Director |
| Miss Karen Andrews | United Kingdom | 57 years | Apr 2020 | - | Director |
P&L
March 2024turnover
447k
+13%
operating profit
16k
0%
gross margin
23.6%
-6.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
175k
+0.07%
total assets
248.3k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
solid state computing limited company details
company number
02218358
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
February 1988
age
37
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
south yorkshire construction limited (October 2010)
yorkshire & lancashire investment management limited (May 2005)
accountant
-
auditor
-
address
822 attercliffe road, sheffield, south yorkshire, S9 3RS
Bank
-
Legal Advisor
-
solid state computing 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 solid state computing limited. Currently there are 1 open charges and 0 have been satisfied in the past.
solid state computing 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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solid state computing limited Companies House Filings - See Documents
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