intuit limited
intuit limited Company Information
Company Number
02679414
Next Accounts
Apr 2025
Shareholders
intuit inc
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
5th floor cardinal place, 80 victoria street, london, SW1E 5JL
Website
www.intuit.comintuit limited Estimated Valuation
Pomanda estimates the enterprise value of INTUIT LIMITED at £475.1m based on a Turnover of £248.3m and 1.91x industry multiple (adjusted for size and gross margin).
intuit limited Estimated Valuation
Pomanda estimates the enterprise value of INTUIT LIMITED at £595.8m based on an EBITDA of £45.7m and a 13.03x industry multiple (adjusted for size and gross margin).
intuit limited Estimated Valuation
Pomanda estimates the enterprise value of INTUIT LIMITED at £908.1m based on Net Assets of £403.6m and 2.25x industry multiple (adjusted for liquidity).
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Intuit Limited Overview
Intuit Limited is a live company located in london, SW1E 5JL with a Companies House number of 02679414. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 1992, it's largest shareholder is intuit inc with a 100% stake. Intuit Limited is a mature, mega sized company, Pomanda has estimated its turnover at £248.3m with rapid growth in recent years.
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Intuit Limited Health Check
Pomanda's financial health check has awarded Intuit Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 10 measures and has 1 areas for improvement. Company Health Check FAQs
10 Strong
0 Regular
1 Weak
Size
annual sales of £248.3m, make it larger than the average company (£6.6m)
£248.3m - Intuit Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (6.6%)
31% - Intuit Limited
6.6% - Industry AVG
Production
with a gross margin of 67.5%, this company has a lower cost of product (49.7%)
67.5% - Intuit Limited
49.7% - Industry AVG
Profitability
an operating margin of 12% make it more profitable than the average company (3.4%)
12% - Intuit Limited
3.4% - Industry AVG
Employees
with 288 employees, this is above the industry average (41)
288 - Intuit Limited
41 - Industry AVG
Pay Structure
on an average salary of £182.7k, the company has a higher pay structure (£71.4k)
£182.7k - Intuit Limited
£71.4k - Industry AVG
Efficiency
resulting in sales per employee of £862k, this is more efficient (£174k)
£862k - Intuit Limited
£174k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (53 days)
5 days - Intuit Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (34 days)
55 days - Intuit Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Intuit Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (15 weeks)
45 weeks - Intuit Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13%, this is a lower level of debt than the average (63.5%)
13% - Intuit Limited
63.5% - Industry AVG
INTUIT LIMITED financials
Intuit Limited's latest turnover from July 2023 is £248.3 million and the company has net assets of £403.6 million. According to their latest financial statements, Intuit Limited has 288 employees and maintains cash reserves of £49.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 248,253,000 | 208,071,000 | 155,541,000 | 111,132,000 | 41,718,000 | 26,051,000 | 20,380,000 | 15,607,000 | 14,240,000 | 15,911,166 | 16,214,322 | 15,127,351 | 14,070,398 | 11,334,792 | 10,530,619 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 80,748,000 | 65,483,000 | 61,587,000 | 65,361,000 | 9,920,000 | 4,437,000 | 3,604,000 | 4,676,000 | 3,778,000 | 1,164,445 | 2,778,991 | 2,777,601 | 5,077,445 | 2,737,797 | 609,118 |
| Gross Profit | 167,505,000 | 142,588,000 | 93,954,000 | 45,771,000 | 31,798,000 | 21,614,000 | 16,776,000 | 10,931,000 | 10,462,000 | 14,746,721 | 13,435,331 | 12,349,750 | 8,992,953 | 8,596,995 | 9,921,501 |
| Admin Expenses | 137,761,000 | 105,157,000 | 90,532,000 | 92,043,000 | 29,030,000 | 19,310,000 | 16,328,000 | 9,677,000 | 9,590,000 | 14,225,321 | 12,948,902 | 11,895,930 | 8,570,841 | 8,220,739 | 9,763,542 |
| Operating Profit | 29,744,000 | 37,431,000 | 3,422,000 | -46,272,000 | 2,768,000 | 2,304,000 | 448,000 | 1,254,000 | 872,000 | 521,400 | 486,429 | 453,820 | 422,112 | 376,256 | 157,959 |
| Interest Payable | |||||||||||||||
| Interest Receivable | 2,205,000 | 669 | 31 | 1,447 | 4,509 | 57,648 | |||||||||
| Pre-Tax Profit | 250,005,000 | 38,313,000 | 3,422,000 | 55,934,000 | -7,041,000 | 2,304,000 | 448,000 | 1,254,000 | 872,000 | 521,400 | 487,098 | 453,851 | 423,559 | 380,765 | 215,607 |
| Tax | -52,164,000 | -7,624,000 | 1,801,000 | 4,265,000 | -313,000 | -255,000 | -165,000 | -367,000 | -282,000 | -128,336 | -127,748 | -64,487 | -112,062 | -113,827 | -87,669 |
| Profit After Tax | 197,841,000 | 30,689,000 | 5,223,000 | 60,199,000 | -7,354,000 | 2,049,000 | 283,000 | 887,000 | 590,000 | 393,064 | 359,350 | 389,364 | 311,497 | 266,938 | 127,938 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 197,841,000 | 30,689,000 | 5,223,000 | 60,199,000 | -7,354,000 | 2,049,000 | 283,000 | 887,000 | 590,000 | 393,064 | 359,350 | 389,364 | 311,497 | 266,938 | 127,938 |
| Employee Costs | 52,629,000 | 41,295,000 | 38,191,000 | 34,932,000 | 28,159,000 | 21,321,000 | 16,127,000 | 12,149,000 | 11,294,000 | 8,113,746 | 5,838,059 | 4,497,128 | 2,661,303 | 2,004,855 | 2,327,865 |
| Number Of Employees | 288 | 266 | 246 | 241 | 218 | 192 | 156 | 135 | 134 | 89 | 71 | 44 | 31 | 31 | 35 |
| EBITDA* | 45,741,000 | 53,357,000 | 19,282,000 | -31,634,000 | 3,902,000 | 3,313,000 | 1,890,000 | 2,227,000 | 1,831,000 | 878,513 | 733,124 | 535,808 | 494,747 | 395,262 | 170,095 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,184,000 | 3,168,000 | 3,693,000 | 4,519,000 | 5,428,000 | 918,000 | 1,694,000 | 1,885,000 | 2,145,000 | 2,457,414 | 2,598,434 | 290,357 | 213,726 | 156,399 | 27,643 |
| Intangible Assets | 203,000 | 89,337,000 | 103,308,000 | 106,866,000 | 8,902,000 | 600,000 | |||||||||
| Investments & Other | 64,769,000 | 64,769,000 | 69,280,000 | 69,280,000 | 127,000 | 9,936,000 | |||||||||
| Debtors (Due After 1 year) | 965,000 | 990,000 | 11,453,000 | 9,543,000 | 564,000 | ||||||||||
| Total Fixed Assets | 69,121,000 | 158,264,000 | 187,734,000 | 190,208,000 | 6,119,000 | 10,854,000 | 10,596,000 | 1,885,000 | 2,745,000 | 2,457,414 | 2,598,434 | 290,357 | 213,726 | 156,399 | 27,643 |
| Stock & work in progress | 41,885 | 53,549 | 49,731 | 139,190 | 439,142 | 6,034 | |||||||||
| Trade Debtors | 3,949,000 | 3,985,000 | 3,437,000 | 2,032,000 | 2,231,000 | 1,059,000 | 886,000 | 576,000 | 568,000 | 787,535 | 603,025 | 805,563 | 390,630 | 323,366 | 442,963 |
| Group Debtors | 335,363,000 | 53,208,000 | 26,161,000 | 16,171,000 | 24,287,000 | 21,324,000 | 10,457,000 | 7,966,000 | 5,709,000 | 2,455,024 | 3,385,488 | 1,279,386 | 1,352,483 | 158,927 | |
| Misc Debtors | 5,659,000 | 11,196,000 | 4,200,000 | 1,853,000 | 2,047,000 | 2,107,000 | 1,286,000 | 2,940,000 | 4,258,000 | 1,263,538 | 934,454 | 273,275 | 264,712 | 127,075 | 371,439 |
| Cash | 49,708,000 | 54,372,000 | 73,082,000 | 65,845,000 | 11,318,000 | 2,892,000 | 10,624,000 | 12,033,000 | 10,096,000 | 4,986,679 | 3,274,278 | 4,138,175 | 2,714,084 | 2,760,721 | 1,768,780 |
| misc current assets | 670,000 | ||||||||||||||
| total current assets | 394,679,000 | 122,761,000 | 106,880,000 | 86,571,000 | 39,883,000 | 27,382,000 | 23,253,000 | 23,515,000 | 20,631,000 | 9,534,661 | 8,250,794 | 6,546,130 | 4,861,099 | 3,650,304 | 2,748,143 |
| total assets | 463,800,000 | 281,025,000 | 294,614,000 | 276,779,000 | 46,002,000 | 38,236,000 | 33,849,000 | 25,400,000 | 23,376,000 | 11,992,075 | 10,849,228 | 6,836,487 | 5,074,825 | 3,806,703 | 2,775,786 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 12,274,000 | 5,920,000 | 4,116,000 | 6,594,000 | 8,765,000 | 2,655,000 | 808,000 | 998,000 | 1,092,000 | 605,928 | 1,623,499 | 256,266 | 182,569 | 267,880 | |
| Group/Directors Accounts | 21,929,000 | 16,343,000 | 17,524,000 | 16,003,000 | 1,108,000 | 608,000 | 561,000 | 438,000 | 317,853 | 831,866 | 583,551 | 905,836 | 113,446 | 35,609 | |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 22,239,000 | 22,834,000 | 21,130,000 | 14,358,000 | 13,721,000 | 11,088,000 | 10,932,000 | 7,056,000 | 7,425,000 | 5,973,954 | 3,975,350 | 3,548,672 | 2,351,228 | 2,224,779 | 1,866,840 |
| total current liabilities | 56,442,000 | 45,097,000 | 42,770,000 | 36,955,000 | 23,594,000 | 14,351,000 | 12,301,000 | 8,492,000 | 8,517,000 | 6,897,735 | 6,430,715 | 4,388,489 | 3,439,633 | 2,606,105 | 1,902,449 |
| loans | |||||||||||||||
| hp & lease commitments | 1,997,000 | 1,928,000 | 697,000 | 842,000 | 1,171,000 | 821,351 | 1,032,224 | ||||||||
| Accruals and Deferred Income | 349,000 | 1,026,000 | 498,000 | ||||||||||||
| other liabilities | 1,085,000 | 1,348,000 | 2,019,000 | 606,000 | |||||||||||
| provisions | 1,778,000 | 471,000 | 489,000 | 409,000 | 409,000 | 3,211,000 | 349,000 | 565,000 | 499,556 | 471,604 | 99,176 | 37,353 | 16,018 | ||
| total long term liabilities | 3,775,000 | 2,399,000 | 1,574,000 | 1,757,000 | 2,428,000 | 606,000 | 4,257,000 | 2,217,000 | 2,234,000 | 1,320,907 | 1,503,828 | 99,176 | 37,353 | 16,018 | |
| total liabilities | 60,217,000 | 47,496,000 | 44,344,000 | 38,712,000 | 26,022,000 | 14,957,000 | 16,558,000 | 10,709,000 | 10,751,000 | 8,218,642 | 7,934,543 | 4,487,665 | 3,476,986 | 2,622,123 | 1,902,449 |
| net assets | 403,583,000 | 233,529,000 | 250,270,000 | 238,067,000 | 19,980,000 | 23,279,000 | 17,291,000 | 14,691,000 | 12,625,000 | 3,773,433 | 2,914,685 | 2,348,822 | 1,597,839 | 1,184,580 | 873,337 |
| total shareholders funds | 403,583,000 | 233,529,000 | 250,270,000 | 238,067,000 | 19,980,000 | 23,279,000 | 17,291,000 | 14,691,000 | 12,625,000 | 3,773,433 | 2,914,685 | 2,348,822 | 1,597,839 | 1,184,580 | 873,337 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 29,744,000 | 37,431,000 | 3,422,000 | -46,272,000 | 2,768,000 | 2,304,000 | 448,000 | 1,254,000 | 872,000 | 521,400 | 486,429 | 453,820 | 422,112 | 376,256 | 157,959 |
| Depreciation | 630,000 | 736,000 | 887,000 | 977,000 | 1,134,000 | 1,009,000 | 408,000 | 373,000 | 366,000 | 357,113 | 246,695 | 81,988 | 72,635 | 19,006 | 12,136 |
| Amortisation | 15,367,000 | 15,190,000 | 14,973,000 | 13,661,000 | 1,034,000 | 600,000 | 593,000 | ||||||||
| Tax | -52,164,000 | -7,624,000 | 1,801,000 | 4,265,000 | -313,000 | -255,000 | -165,000 | -367,000 | -282,000 | -128,336 | -127,748 | -64,487 | -112,062 | -113,827 | -87,669 |
| Stock | -41,885 | -11,664 | 3,818 | -89,459 | -299,952 | 433,108 | 6,034 | ||||||||
| Debtors | 276,557,000 | 24,128,000 | 15,652,000 | 470,000 | 4,639,000 | 11,861,000 | 1,147,000 | 947,000 | 6,028,903 | -416,870 | 2,564,743 | 350,399 | 1,557,384 | -522,888 | 973,329 |
| Creditors | 6,354,000 | 1,804,000 | -2,478,000 | -2,171,000 | 6,110,000 | 1,847,000 | -190,000 | -94,000 | 486,072 | -1,017,571 | 1,367,233 | 73,697 | -85,311 | 267,880 | |
| Accruals and Deferred Income | -595,000 | 1,704,000 | 6,772,000 | 637,000 | 2,633,000 | -193,000 | 3,199,000 | 159,000 | 1,949,046 | 1,998,604 | 426,678 | 1,197,444 | 126,449 | 357,939 | 1,866,840 |
| Deferred Taxes & Provisions | 1,307,000 | -18,000 | 80,000 | 409,000 | -3,211,000 | 2,862,000 | -216,000 | 65,444 | 27,952 | 372,428 | 61,823 | 21,335 | 16,018 | ||
| Cash flow from operations | -275,914,000 | 25,095,000 | 9,805,000 | -29,373,000 | 8,102,000 | -10,360,000 | 6,449,000 | 762,000 | -1,937,456 | 2,187,696 | 203,154 | 1,543,345 | -812,274 | 1,013,052 | 969,903 |
| Investing Activities | |||||||||||||||
| capital expenditure | -7,104,000 | -151,000 | |||||||||||||
| Change in Investments | -4,511,000 | 69,153,000 | -9,809,000 | 9,936,000 | |||||||||||
| cash flow from investments | -7,104,000 | -151,000 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 5,586,000 | -1,181,000 | 1,521,000 | 14,895,000 | 500,000 | 47,000 | 123,000 | 438,000 | -317,853 | -514,013 | 248,315 | -322,285 | 792,390 | 77,837 | 35,609 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | 69,000 | 1,928,000 | -697,000 | -145,000 | -329,000 | 349,649 | -210,873 | 1,032,224 | |||||||
| other long term liabilities | -1,085,000 | -263,000 | -671,000 | 1,413,000 | 606,000 | ||||||||||
| share issue | |||||||||||||||
| interest | 2,205,000 | 669 | 31 | 1,447 | 4,509 | 57,648 | |||||||||
| cash flow from financing | -19,927,000 | -47,768,000 | 8,238,000 | 172,112,000 | 5,968,000 | 3,895,000 | 2,295,000 | 1,288,000 | 8,293,363 | -259,202 | 1,487,721 | 39,365 | 895,599 | 126,651 | 838,656 |
| cash and cash equivalents | |||||||||||||||
| cash | -4,664,000 | -18,710,000 | 7,237,000 | 54,527,000 | 8,426,000 | -7,732,000 | -1,409,000 | 1,937,000 | 5,109,321 | 1,712,401 | -863,897 | 1,424,091 | -46,637 | 991,941 | 1,768,780 |
| overdraft | |||||||||||||||
| change in cash | -4,664,000 | -18,710,000 | 7,237,000 | 54,527,000 | 8,426,000 | -7,732,000 | -1,409,000 | 1,937,000 | 5,109,321 | 1,712,401 | -863,897 | 1,424,091 | -46,637 | 991,941 | 1,768,780 |
intuit limited Credit Report and Business Information
Intuit Limited Competitor Analysis
Perform a competitor analysis for intuit limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in SW1E area or any other competitors across 12 key performance metrics.
intuit limited Ownership
INTUIT LIMITED group structure
Intuit Limited has 1 subsidiary company.
Ultimate parent company
INTUIT INC
#0062276
1 parent
INTUIT LIMITED
02679414
1 subsidiary
intuit limited directors
Intuit Limited currently has 4 directors. The longest serving directors include Ms Tyler Cozzens (Jul 2018) and Mr Gavin Buckley (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Tyler Cozzens | United States | 57 years | Jul 2018 | - | Director |
| Mr Gavin Buckley | United Kingdom | 41 years | Apr 2019 | - | Director |
| Ms Lauren Hotz | United States | 50 years | Feb 2022 | - | Director |
| Ms Deborah Wickstead | United Kingdom | 47 years | Jul 2023 | - | Director |
P&L
July 2023turnover
248.3m
+19%
operating profit
29.7m
-21%
gross margin
67.5%
-1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
403.6m
+0.73%
total assets
463.8m
+0.65%
cash
49.7m
-0.09%
net assets
Total assets minus all liabilities
intuit limited company details
company number
02679414
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
January 1992
age
33
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2023
previous names
expandspeed limited (February 1992)
accountant
-
auditor
ERNST & YOUNG LLP
address
5th floor cardinal place, 80 victoria street, london, SW1E 5JL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
intuit 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 2 charges/mortgages relating to intuit limited. Currently there are 0 open charges and 2 have been satisfied in the past.
intuit 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 INTUIT LIMITED. This can take several minutes, an email will notify you when this has completed.
intuit limited Companies House Filings - See Documents
| date | description | view/download |
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