success systems limited
success systems limited Company Information
Company Number
02736498
Website
successsystemsltd.co.ukRegistered Address
unit 24, eckland lodge business park, market harborough, leicestershire, LE16 8HB
Industry
Computer consultancy activities
Other information technology and computer service activities
Telephone
08448841704
Next Accounts Due
February 2025
Group Structure
View All
Directors
Dean Hudson32 Years
Shareholders
mr dean richard hudson 100%
success systems limited Estimated Valuation
Pomanda estimates the enterprise value of SUCCESS SYSTEMS LIMITED at £54.4k based on a Turnover of £70.9k and 0.77x industry multiple (adjusted for size and gross margin).
success systems limited Estimated Valuation
Pomanda estimates the enterprise value of SUCCESS SYSTEMS LIMITED at £87.3k based on an EBITDA of £16.3k and a 5.34x industry multiple (adjusted for size and gross margin).
success systems limited Estimated Valuation
Pomanda estimates the enterprise value of SUCCESS SYSTEMS LIMITED at £63.9k based on Net Assets of £27.9k and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Success Systems Limited Overview
Success Systems Limited is a live company located in market harborough, LE16 8HB with a Companies House number of 02736498. It operates in the business and domestic software development sector, SIC Code 62012. Founded in July 1992, it's largest shareholder is mr dean richard hudson with a 100% stake. Success Systems Limited is a mature, micro sized company, Pomanda has estimated its turnover at £70.9k with declining growth in recent years.
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Success Systems Limited Health Check
Pomanda's financial health check has awarded Success Systems Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £70.9k, make it smaller than the average company (£3.2m)
- Success Systems Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.2%)
- Success Systems Limited
7.2% - Industry AVG
Production
with a gross margin of 54.6%, this company has a comparable cost of product (54.6%)
- Success Systems Limited
54.6% - Industry AVG
Profitability
an operating margin of 16.5% make it more profitable than the average company (5.3%)
- Success Systems Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
1 - Success Systems Limited
22 - Industry AVG
Pay Structure
on an average salary of £59.4k, the company has an equivalent pay structure (£59.4k)
- Success Systems Limited
£59.4k - Industry AVG
Efficiency
resulting in sales per employee of £70.9k, this is less efficient (£139.5k)
- Success Systems Limited
£139.5k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (59 days)
- Success Systems Limited
59 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Success Systems Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Success Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 300 weeks, this is more cash available to meet short term requirements (18 weeks)
300 weeks - Success Systems Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.8%, this is a lower level of debt than the average (60.6%)
12.8% - Success Systems Limited
60.6% - Industry AVG
SUCCESS SYSTEMS LIMITED financials
Success Systems Limited's latest turnover from May 2023 is estimated at £70.9 thousand and the company has net assets of £27.9 thousand. According to their latest financial statements, Success Systems Limited has 1 employee and maintains cash reserves of £23.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,116 | 3,324 | 5,461 | 5,532 | 3,350 | 3,371 | 1,086 | 586 | 689 | 5,475 | 10,281 | 2,137 | 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 | 5,116 | 3,324 | 5,461 | 5,532 | 3,350 | 3,371 | 1,086 | 586 | 689 | 5,475 | 10,281 | 2,137 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,198 | 4,753 | 230 | 6,546 | 800 | 1,000 | 0 | 0 | 0 | 44 | 2,710 | 2,711 | 0 | 0 | 0 |
| 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 | 23,675 | 17,183 | 15,811 | 0 | 1,254 | 1,132 | 405 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 44 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,873 | 21,980 | 16,041 | 6,546 | 2,054 | 2,132 | 405 | 0 | 0 | 44 | 2,710 | 2,711 | 0 | 0 | 0 |
| total assets | 31,989 | 25,304 | 21,502 | 12,078 | 5,404 | 5,503 | 1,491 | 586 | 689 | 5,519 | 12,991 | 4,848 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 1,953 | 0 | 0 | 0 | 1,435 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 176 | 175 | 9,803 | 7,893 | 9,345 | 4,902 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,201 | 18 | 142 | 7,434 | 6,407 | 8,224 | 3,957 | 2,900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 201 | 374 | 60 | 169 | 924 | 912 | 89 | 66 | 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 | 2,699 | 6,483 | 6,932 | 3,492 | 1,650 | 805 | 1,193 | 1,291 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,101 | 6,875 | 7,134 | 13,048 | 8,981 | 9,941 | 5,415 | 5,867 | 9,803 | 7,893 | 9,345 | 4,902 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,101 | 6,875 | 7,134 | 13,048 | 8,981 | 9,941 | 5,415 | 5,867 | 9,803 | 7,893 | 9,345 | 4,902 | 0 | 0 | 0 |
| net assets | 27,888 | 18,429 | 14,368 | -970 | -3,577 | -4,438 | -3,924 | -5,281 | -9,114 | -2,374 | 3,646 | -54 | 0 | 0 | 0 |
| total shareholders funds | 27,888 | 18,429 | 14,368 | -970 | -3,577 | -4,438 | -3,924 | -5,281 | -9,114 | -2,374 | 3,646 | -54 | 0 | 0 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 4,613 | 4,677 | 4,966 | 4,409 | 2,516 | 1,696 | 377 | 103 | 4,786 | 4,806 | 4,831 | 793 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,555 | 4,523 | -6,316 | 5,746 | -200 | 1,000 | 0 | 0 | -44 | -2,666 | -1 | 2,711 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -176 | 1 | -9,628 | 1,910 | -1,452 | 4,443 | 4,902 | 0 | 0 | 0 |
| Accruals and Deferred Income | -3,784 | -449 | 3,440 | 1,842 | 845 | -388 | -98 | 1,291 | 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 | 1,183 | -124 | -7,292 | 1,027 | -1,817 | 4,267 | 1,057 | 2,900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -173 | 314 | -109 | -755 | 12 | 823 | 23 | 66 | 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 | 6,492 | 1,372 | 15,811 | -1,254 | 122 | 727 | 405 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | -1,953 | 1,953 | 0 | 0 | -1,435 | 1,435 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,492 | 1,372 | 17,764 | -3,207 | 122 | 727 | 1,840 | -1,435 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
success systems limited Credit Report and Business Information
Success Systems Limited Competitor Analysis
Perform a competitor analysis for success systems limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LE16 area or any other competitors across 12 key performance metrics.
success systems limited Ownership
SUCCESS SYSTEMS LIMITED group structure
Success Systems Limited has no subsidiary companies.
Ultimate parent company
SUCCESS SYSTEMS LIMITED
02736498
success systems limited directors
Success Systems Limited currently has 1 director, Mr Dean Hudson serving since Sep 1992.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dean Hudson | United Kingdom | 57 years | Sep 1992 | - | Director |
P&L
May 2023turnover
70.9k
0%
operating profit
11.7k
0%
gross margin
54.6%
-0.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
27.9k
+0.51%
total assets
32k
+0.26%
cash
23.7k
+0.38%
net assets
Total assets minus all liabilities
success systems limited company details
company number
02736498
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62090 - Other information technology and computer service activities
62030 - Computer facilities management activities
incorporation date
July 1992
age
32
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
unit 24, eckland lodge business park, market harborough, leicestershire, LE16 8HB
accountant
TOLLINGTONS ACCOUTANTS LIMITED
auditor
-
success 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 success systems limited.
success systems limited Companies House Filings - See Documents
| date | description | view/download |
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