countech computer systems limited
countech computer systems limited Company Information
Company Number
02372874
Website
-Registered Address
heasleigh house, 79a south road, southall, middlesex, UB1 1SQ
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Directors
Naveed Ghafoor31 Years
Shareholders
tenmina ghafoor 50%
mr naveed ghafoor 50%
countech computer systems limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTECH COMPUTER SYSTEMS LIMITED at £145.7k based on a Turnover of £279.1k and 0.52x industry multiple (adjusted for size and gross margin).
countech computer systems limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTECH COMPUTER SYSTEMS LIMITED at £24.1k based on an EBITDA of £6.6k and a 3.64x industry multiple (adjusted for size and gross margin).
countech computer systems limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTECH COMPUTER SYSTEMS LIMITED at £198.2k based on Net Assets of £86k and 2.3x industry multiple (adjusted for liquidity).
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Countech Computer Systems Limited Overview
Countech Computer Systems Limited is a live company located in southall, UB1 1SQ with a Companies House number of 02372874. It operates in the other information technology service activities sector, SIC Code 62090. Founded in April 1989, it's largest shareholder is tenmina ghafoor with a 50% stake. Countech Computer Systems Limited is a mature, micro sized company, Pomanda has estimated its turnover at £279.1k with declining growth in recent years.
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Countech Computer Systems Limited Health Check
Pomanda's financial health check has awarded Countech Computer Systems Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £279.1k, make it smaller than the average company (£7m)
- Countech Computer Systems Limited
£7m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (8.6%)
- Countech Computer Systems Limited
8.6% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (48.1%)
- Countech Computer Systems Limited
48.1% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (3.7%)
- Countech Computer Systems Limited
3.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (43)
2 - Countech Computer Systems Limited
43 - Industry AVG
Pay Structure
on an average salary of £70.4k, the company has an equivalent pay structure (£70.4k)
- Countech Computer Systems Limited
£70.4k - Industry AVG
Efficiency
resulting in sales per employee of £139.6k, this is less efficient (£168k)
- Countech Computer Systems Limited
£168k - Industry AVG
Debtor Days
it gets paid by customers after 134 days, this is later than average (54 days)
- Countech Computer Systems Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (36 days)
- Countech Computer Systems Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Countech Computer Systems Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Countech Computer Systems Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.5%, this is a lower level of debt than the average (62.1%)
17.5% - Countech Computer Systems Limited
62.1% - Industry AVG
COUNTECH COMPUTER SYSTEMS LIMITED financials
Countech Computer Systems Limited's latest turnover from March 2024 is estimated at £279.1 thousand and the company has net assets of £86 thousand. According to their latest financial statements, Countech Computer Systems Limited has 2 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 | Mar 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 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
| 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 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,221 | 3,446 | 2,600 | 1,691 | 232 | 975 | 1,718 | 2,553 | 2,361 | 3,148 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,221 | 3,446 | 2,600 | 1,691 | 232 | 975 | 1,718 | 2,553 | 2,361 | 3,148 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 869 | 16,714 | 2,240 | 7,636 | 17,955 | 0 |
| Trade Debtors | 103,042 | 90,891 | 122,035 | 133,581 | 159,829 | 140,382 | 122,711 | 92,739 | 3,870 | 35,118 | 0 | 9,996 | 0 | 0 | 7,989 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114,481 | 75,218 | 72,822 | 193,934 | 167,945 | 308,559 | 354,143 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 103,042 | 90,891 | 122,035 | 133,581 | 159,829 | 140,382 | 122,711 | 92,739 | 118,351 | 111,205 | 89,536 | 206,170 | 175,581 | 326,514 | 362,132 |
| total assets | 104,263 | 94,337 | 124,635 | 135,272 | 160,061 | 141,357 | 124,429 | 95,292 | 120,712 | 114,353 | 89,536 | 206,170 | 175,581 | 326,514 | 362,132 |
| 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 | 16,922 | 11,950 | 12,685 | 16,058 | 26,570 | 34,107 | 38,273 | 24,733 | 49,077 | 28,195 | 15,001 | 75,909 | 20,830 | 144,822 | 152,936 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 16,922 | 11,950 | 12,685 | 16,058 | 26,570 | 34,107 | 38,273 | 24,733 | 49,077 | 28,195 | 15,001 | 75,909 | 20,830 | 144,822 | 152,936 |
| 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 | 1,320 | 1,320 | 1,280 | 1,240 | 1,240 | 1,240 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,320 | 1,320 | 1,280 | 1,240 | 1,240 | 1,240 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 18,242 | 13,270 | 13,965 | 17,298 | 27,810 | 35,347 | 39,473 | 24,733 | 49,077 | 28,195 | 15,001 | 75,909 | 20,830 | 144,822 | 152,936 |
| net assets | 86,021 | 81,067 | 110,670 | 117,974 | 132,251 | 106,010 | 84,956 | 70,559 | 71,635 | 86,158 | 74,535 | 130,261 | 154,751 | 181,692 | 209,196 |
| total shareholders funds | 86,021 | 81,067 | 110,670 | 117,974 | 132,251 | 106,010 | 84,956 | 70,559 | 71,635 | 86,158 | 74,535 | 130,261 | 154,751 | 181,692 | 209,196 |
| 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 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 787 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -869 | -15,845 | 14,474 | -5,396 | -10,319 | 17,955 | 0 |
| Debtors | 12,151 | -31,144 | -11,546 | -26,248 | 19,447 | 17,671 | 29,972 | 88,869 | -31,248 | 35,118 | -9,996 | 9,996 | 0 | -7,989 | 7,989 |
| Creditors | 4,972 | -735 | -3,373 | -10,512 | -7,537 | -4,166 | 13,540 | -24,344 | 20,882 | 13,194 | -60,908 | 55,079 | -123,992 | -8,114 | 152,936 |
| Accruals and Deferred Income | 0 | 40 | 40 | 0 | 0 | 40 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -114,481 | 39,263 | 2,396 | -121,112 | 25,989 | -140,614 | -45,584 | 354,143 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -114,481 | 39,263 | 2,396 | -121,112 | 25,989 | -140,614 | -45,584 | 354,143 |
countech computer systems limited Credit Report and Business Information
Countech Computer Systems Limited Competitor Analysis
Perform a competitor analysis for countech computer systems limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in UB1 area or any other competitors across 12 key performance metrics.
countech computer systems limited Ownership
COUNTECH COMPUTER SYSTEMS LIMITED group structure
Countech Computer Systems Limited has no subsidiary companies.
Ultimate parent company
COUNTECH COMPUTER SYSTEMS LIMITED
02372874
countech computer systems limited directors
Countech Computer Systems Limited currently has 1 director, Mr Naveed Ghafoor serving since Dec 1992.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Naveed Ghafoor | 60 years | Dec 1992 | - | Director |
P&L
March 2024turnover
279.1k
+17%
operating profit
6.6k
0%
gross margin
25.8%
-0.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
86k
+0.06%
total assets
104.3k
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
countech computer systems limited company details
company number
02372874
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
April 1989
age
35
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
heasleigh house, 79a south road, southall, middlesex, UB1 1SQ
Bank
-
Legal Advisor
-
countech computer systems 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 countech computer systems limited.
countech computer systems limited Companies House Filings - See Documents
| date | description | view/download |
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