csy retail systems ltd
csy retail systems ltd Company Information
Company Number
02391386
Website
www.csy.co.ukRegistered Address
107 cheapside, london, EC2V 6DN
Industry
Business and domestic software development
Telephone
01159484848
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
charles dennis carmedy 99.9%
mary constance golden 0.1%
csy retail systems ltd Estimated Valuation
Pomanda estimates the enterprise value of CSY RETAIL SYSTEMS LTD at £3.2m based on a Turnover of £3.5m and 0.91x industry multiple (adjusted for size and gross margin).
csy retail systems ltd Estimated Valuation
Pomanda estimates the enterprise value of CSY RETAIL SYSTEMS LTD at £6.3m based on an EBITDA of £1m and a 6.05x industry multiple (adjusted for size and gross margin).
csy retail systems ltd Estimated Valuation
Pomanda estimates the enterprise value of CSY RETAIL SYSTEMS LTD at £8.2m based on Net Assets of £3.6m and 2.31x industry multiple (adjusted for liquidity).
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Csy Retail Systems Ltd Overview
Csy Retail Systems Ltd is a live company located in london, EC2V 6DN with a Companies House number of 02391386. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 1989, it's largest shareholder is charles dennis carmedy with a 99.9% stake. Csy Retail Systems Ltd is a mature, small sized company, Pomanda has estimated its turnover at £3.5m with rapid growth in recent years.
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Csy Retail Systems Ltd Health Check
Pomanda's financial health check has awarded Csy Retail Systems Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
4 Regular
1 Weak
Size
annual sales of £3.5m, make it in line with the average company (£3.6m)
£3.5m - Csy Retail Systems Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (10.2%)
- Csy Retail Systems Ltd
10.2% - Industry AVG
Production
with a gross margin of 84.1%, this company has a comparable cost of product (73.7%)
84.1% - Csy Retail Systems Ltd
73.7% - Industry AVG
Profitability
an operating margin of 29.4% make it more profitable than the average company (4.1%)
29.4% - Csy Retail Systems Ltd
4.1% - Industry AVG
Employees
with 30 employees, this is similar to the industry average (31)
30 - Csy Retail Systems Ltd
31 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has a lower pay structure (£68.5k)
£40.9k - Csy Retail Systems Ltd
£68.5k - Industry AVG
Efficiency
resulting in sales per employee of £116.3k, this is equally as efficient (£117.5k)
£116.3k - Csy Retail Systems Ltd
£117.5k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (58 days)
33 days - Csy Retail Systems Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 785 days, this is slower than average (39 days)
785 days - Csy Retail Systems Ltd
39 days - Industry AVG
Stock Days
it holds stock equivalent to 68 days, this is more than average (19 days)
68 days - Csy Retail Systems Ltd
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 103 weeks, this is more cash available to meet short term requirements (20 weeks)
103 weeks - Csy Retail Systems Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.6%, this is a lower level of debt than the average (58.8%)
28.6% - Csy Retail Systems Ltd
58.8% - Industry AVG
CSY RETAIL SYSTEMS LTD financials
Csy Retail Systems Ltd's latest turnover from March 2024 is £3.5 million and the company has net assets of £3.6 million. According to their latest financial statements, Csy Retail Systems Ltd has 30 employees and maintains cash reserves of £2.4 million 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 | 3,489,946 | 3,351,141 | |||||||||||||
| Other Income Or Grants | 657 | 514 | |||||||||||||
| Cost Of Sales | 556,194 | 637,282 | |||||||||||||
| Gross Profit | 2,934,409 | 2,714,373 | 2,685,503 | 2,556,403 | 2,447,847 | 2,381,152 | |||||||||
| Admin Expenses | 1,908,767 | 1,935,259 | 1,840,905 | 1,603,152 | 1,888,860 | 1,808,377 | |||||||||
| Operating Profit | 1,025,642 | 779,114 | 844,598 | 953,251 | 558,987 | 572,775 | |||||||||
| Interest Payable | 0 | 3 | 0 | 128 | 2,042 | 3,745 | |||||||||
| Interest Receivable | 1,685 | 904 | 240 | 691 | 1,104 | 1,191 | |||||||||
| Pre-Tax Profit | 1,027,327 | 780,015 | 844,838 | 953,814 | 558,049 | 570,221 | |||||||||
| Tax | -215,481 | -95,100 | -104,875 | -133,644 | -53,762 | -18,802 | |||||||||
| Profit After Tax | 811,846 | 684,915 | 739,963 | 820,170 | 504,287 | 551,419 | |||||||||
| Dividends Paid | 0 | 0 | 405,747 | 0 | 0 | 0 | |||||||||
| Retained Profit | 811,846 | 684,915 | 334,216 | 820,170 | 504,287 | 551,419 | |||||||||
| Employee Costs | 1,227,759 | 1,248,338 | 1,316,173 | 1,105,611 | 1,192,171 | 1,160,434 | |||||||||
| Number Of Employees | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 24 | ||||||
| EBITDA* | 1,037,763 | 796,132 | 854,580 | 963,262 | 571,035 | 583,889 |
* 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 | 48,484 | 60,606 | 34,334 | 36,316 | 46,327 | 44,377 | 35,884 | 36,324 | 48,975 | 57,076 | 62,787 | 68,722 | 59,425 | 68,864 | 81,933 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,133,112 | 1,633,112 | 1,633,112 | 1,633,112 | 633,112 | 633,112 | 633,112 | 633,112 | 633,112 | 633,112 | 20,247 | 20,247 | 20,247 | 128 | 54,350 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 73,373 | 52,183 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,181,596 | 1,693,718 | 1,667,446 | 1,669,428 | 679,439 | 750,862 | 721,179 | 669,436 | 682,087 | 690,188 | 83,034 | 88,969 | 79,672 | 68,992 | 136,283 |
| Stock & work in progress | 104,381 | 109,261 | 82,683 | 69,555 | 67,572 | 78,747 | 76,465 | 69,459 | 64,810 | 59,602 | 63,163 | 48,371 | 31,364 | 30,252 | 31,821 |
| Trade Debtors | 317,657 | 320,883 | 328,821 | 224,125 | 266,291 | 211,686 | 211,358 | 155,771 | 214,827 | 161,022 | 1,285,148 | 964,574 | 848,772 | 705,114 | 179,698 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 55,944 | 0 | 46,830 | 455,873 | 0 | 0 | 0 | 0 | 0 | 454,767 |
| Cash | 2,387,826 | 1,972,183 | 1,170,000 | 1,139,225 | 1,025,259 | 1,433,891 | 940,121 | 622,029 | 133,506 | 1,630,892 | 884,673 | 480,740 | 354,941 | 459,836 | 362,500 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,809,864 | 2,402,327 | 1,581,504 | 1,432,905 | 1,359,122 | 1,780,268 | 1,227,944 | 894,089 | 869,016 | 1,851,516 | 2,232,984 | 1,493,685 | 1,235,077 | 1,195,202 | 1,028,786 |
| total assets | 4,991,460 | 4,096,045 | 3,248,950 | 3,102,333 | 2,038,561 | 2,531,130 | 1,949,123 | 1,563,525 | 1,551,103 | 2,541,704 | 2,316,018 | 1,582,654 | 1,314,749 | 1,264,194 | 1,165,069 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 61,228 | 0 | 58,147 | 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 | 1,196,603 | 1,073,452 | 912,041 | 1,071,598 | 840,872 | 142,993 | 1,037,278 | 141,451 | 124,422 | 888,940 | 986,547 | 729,832 | 690,097 | 169,333 | 108,544 |
| 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 | 865,483 | 0 | 681,001 | 728,760 | 0 | 0 | 0 | 0 | 448,258 | 358,934 |
| total current liabilities | 1,196,603 | 1,073,452 | 912,041 | 1,071,598 | 840,872 | 1,069,704 | 1,037,278 | 880,599 | 853,182 | 888,940 | 986,547 | 729,832 | 690,097 | 617,591 | 467,478 |
| loans | 0 | 0 | 0 | 0 | 0 | 24,349 | 0 | 0 | 262,747 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 85,234 | 154,025 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 229,791 | 269,373 | 268,604 | 296,646 | 283,770 | 317,698 | 250,335 | 302,328 | 316,208 | 329,697 | 347,735 | 521,366 | 575,064 | 630,017 | 692,233 |
| total long term liabilities | 229,791 | 269,373 | 268,604 | 296,646 | 283,770 | 342,047 | 335,569 | 456,353 | 578,955 | 329,697 | 347,735 | 521,366 | 575,064 | 630,017 | 692,233 |
| total liabilities | 1,426,394 | 1,342,825 | 1,180,645 | 1,368,244 | 1,124,642 | 1,411,751 | 1,372,847 | 1,336,952 | 1,432,137 | 1,218,637 | 1,334,282 | 1,251,198 | 1,265,161 | 1,247,608 | 1,159,711 |
| net assets | 3,565,066 | 2,753,220 | 2,068,305 | 1,734,089 | 913,919 | 1,119,379 | 576,276 | 226,573 | 118,966 | 1,323,067 | 981,736 | 331,456 | 49,588 | 16,586 | 5,358 |
| total shareholders funds | 3,565,066 | 2,753,220 | 2,068,305 | 1,734,089 | 913,919 | 1,119,379 | 576,276 | 226,573 | 118,966 | 1,323,067 | 981,736 | 331,456 | 49,588 | 16,586 | 5,358 |
| 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 | 1,025,642 | 779,114 | 844,598 | 953,251 | 558,987 | 572,775 | |||||||||
| Depreciation | 12,121 | 17,018 | 9,982 | 10,011 | 12,048 | 11,114 | 8,999 | 18,991 | 22,988 | 12,609 | 13,051 | 13,550 | 10,256 | 15,039 | 14,249 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -215,481 | -95,100 | -104,875 | -133,644 | -53,762 | -18,802 | |||||||||
| Stock | -4,880 | 26,578 | 13,128 | 1,983 | -11,175 | 2,282 | 7,006 | 4,649 | 5,208 | -3,561 | 14,792 | 17,007 | 1,112 | -1,569 | 31,821 |
| Debtors | -3,226 | -7,938 | 104,696 | -42,166 | -74,712 | 77,462 | 60,940 | -468,099 | 509,678 | -1,124,126 | 320,574 | 115,802 | 143,658 | 70,649 | 634,465 |
| Creditors | 123,151 | 161,411 | -159,557 | 230,726 | 697,879 | -894,285 | 895,827 | 17,029 | -764,518 | -97,607 | 256,715 | 39,735 | 520,764 | 60,789 | 108,544 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -865,483 | 865,483 | -681,001 | -47,759 | 728,760 | 0 | 0 | 0 | -448,258 | 89,324 | 358,934 |
| Deferred Taxes & Provisions | -39,582 | 769 | -28,042 | 12,876 | -33,928 | 67,363 | -51,993 | -13,880 | -13,489 | -18,038 | -173,631 | -53,698 | -54,953 | -62,216 | 692,233 |
| Cash flow from operations | 913,957 | 844,572 | 444,282 | 1,113,403 | 401,628 | 523,904 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 500,000 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 612,865 | 0 | 0 | 20,119 | -54,222 | 54,350 |
| 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 | -24,349 | 24,349 | 0 | -262,747 | 262,747 | 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 | -85,234 | -68,791 | 154,025 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 1,685 | 901 | 240 | 563 | -938 | -2,554 | |||||||||
| cash flow from financing | 1,685 | 901 | 240 | 563 | -735,034 | -71,755 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 415,643 | 802,183 | 30,775 | 113,966 | -408,632 | 493,770 | 318,092 | 488,523 | -1,497,386 | 746,219 | 403,933 | 125,799 | -104,895 | 97,336 | 362,500 |
| overdraft | 0 | 0 | 0 | 0 | -61,228 | 61,228 | -58,147 | 58,147 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 415,643 | 802,183 | 30,775 | 113,966 | -347,404 | 432,542 | 376,239 | 430,376 | -1,497,386 | 746,219 | 403,933 | 125,799 | -104,895 | 97,336 | 362,500 |
csy retail systems ltd Credit Report and Business Information
Csy Retail Systems Ltd Competitor Analysis
Perform a competitor analysis for csy retail systems ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.
csy retail systems ltd Ownership
CSY RETAIL SYSTEMS LTD group structure
Csy Retail Systems Ltd has no subsidiary companies.
Ultimate parent company
CSY RETAIL SYSTEMS LTD
02391386
csy retail systems ltd directors
Csy Retail Systems Ltd currently has 2 directors. The longest serving directors include Mr Mark Grafton (Sep 2024) and Ms Else Hamilton (Sep 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Grafton | England | 49 years | Sep 2024 | - | Director |
| Ms Else Hamilton | England | 50 years | Sep 2024 | - | Director |
P&L
March 2024turnover
3.5m
+4%
operating profit
1m
+32%
gross margin
84.1%
+3.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.6m
+0.29%
total assets
5m
+0.22%
cash
2.4m
+0.21%
net assets
Total assets minus all liabilities
csy retail systems ltd company details
company number
02391386
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
June 1989
age
35
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
csy computer systems limited (March 2009)
accountant
-
auditor
-
address
107 cheapside, london, EC2V 6DN
Bank
-
Legal Advisor
-
csy retail systems ltd 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 csy retail systems ltd.
csy retail systems ltd Companies House Filings - See Documents
| date | description | view/download |
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