cti data solutions limited
cti data solutions limited Company Information
Company Number
02969593
Website
www.ctigroup.comRegistered Address
imperium imperial way, reading, berkshire, RG2 0TD
Industry
Business and domestic software development
Telephone
02087633888
Next Accounts Due
July 2025
Group Structure
View All
Directors
Robert Medved2 Years
Shareholders
enghouse networks (us) inc 100%
cti data solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CTI DATA SOLUTIONS LIMITED at £484.3k based on a Turnover of £617.5k and 0.78x industry multiple (adjusted for size and gross margin).
cti data solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CTI DATA SOLUTIONS LIMITED at £5.9m based on an EBITDA of £1.1m and a 5.23x industry multiple (adjusted for size and gross margin).
cti data solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CTI DATA SOLUTIONS LIMITED at £33.6m based on Net Assets of £14.5m and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cti Data Solutions Limited Overview
Cti Data Solutions Limited is a live company located in berkshire, RG2 0TD with a Companies House number of 02969593. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 1994, it's largest shareholder is enghouse networks (us) inc with a 100% stake. Cti Data Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £617.5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cti Data Solutions Limited Health Check
Pomanda's financial health check has awarded Cti Data Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £617.5k, make it smaller than the average company (£3.4m)
- Cti Data Solutions Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (8.7%)
- Cti Data Solutions Limited
8.7% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
- Cti Data Solutions Limited
72.3% - Industry AVG
Profitability
an operating margin of 183.9% make it more profitable than the average company (3.8%)
- Cti Data Solutions Limited
3.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (31)
9 - Cti Data Solutions Limited
31 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has an equivalent pay structure (£66.7k)
- Cti Data Solutions Limited
£66.7k - Industry AVG
Efficiency
resulting in sales per employee of £68.6k, this is less efficient (£113.5k)
- Cti Data Solutions Limited
£113.5k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (61 days)
- Cti Data Solutions Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 691 days, this is slower than average (43 days)
- Cti Data Solutions Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cti Data Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 612 weeks, this is more cash available to meet short term requirements (19 weeks)
612 weeks - Cti Data Solutions Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.2%, this is a lower level of debt than the average (59.7%)
2.2% - Cti Data Solutions Limited
59.7% - Industry AVG
CTI DATA SOLUTIONS LIMITED financials
Cti Data Solutions Limited's latest turnover from October 2023 is estimated at £617.5 thousand and the company has net assets of £14.5 million. According to their latest financial statements, Cti Data Solutions Limited has 9 employees and maintains cash reserves of £3.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,906,136 | 1,980,737 | 2,251,577 | 2,310,546 | 2,199,661 | 2,354 | 2,276,000 | 2,528,000 | 2,776,000 | 2,533,000 | 2,955,000 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 3,721 | 53,240 | 118,764 | 100,990 | 248,212 | 172 | 206,000 | 463,000 | 312,000 | 370,000 | 416,000 | ||||
| Gross Profit | 1,902,415 | 1,927,497 | 2,132,813 | 2,209,556 | 1,951,449 | 2,182 | 2,070,000 | 2,065,000 | 2,464,000 | 2,163,000 | 2,539,000 | ||||
| Admin Expenses | 722,462 | 852,200 | 974,083 | 1,100,499 | 1,300,178 | 1,277 | 1,416,000 | 1,672,000 | 2,030,000 | 2,033,000 | 2,241,000 | ||||
| Operating Profit | 1,179,953 | 1,075,297 | 1,158,730 | 1,109,057 | 651,271 | 905 | 654,000 | 393,000 | 434,000 | 130,000 | 298,000 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,000 | ||||
| Interest Receivable | 58,751 | 2,605 | 2,150 | 48,513 | 45 | 1 | 1,000 | 1,000 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 1,238,704 | 3,177,902 | 1,160,880 | 1,157,570 | 651,316 | 906 | 655,000 | 394,000 | 434,000 | 130,000 | 1,017,000 | ||||
| Tax | -202,864 | -194,477 | -200,620 | -227,475 | -131,055 | -191 | -149,000 | -87,000 | -111,000 | -38,000 | -72,000 | ||||
| Profit After Tax | 1,035,840 | 2,983,425 | 960,260 | 930,095 | 520,261 | 715 | 506,000 | 307,000 | 323,000 | 92,000 | 945,000 | ||||
| Dividends Paid | 0 | 3,300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 | ||||
| Retained Profit | 1,035,840 | -316,575 | 960,260 | 930,095 | 520,261 | 715 | 506,000 | 307,000 | 323,000 | 92,000 | 745,000 | ||||
| Employee Costs | 744,369 | 789,550 | 875,228 | 993,942 | 838 | 828,000 | 896,000 | 1,206,000 | 1,266,000 | 1,258,000 | |||||
| Number Of Employees | 9 | 9 | 10 | 12 | 13 | 15 | 16 | 15 | 16 | 18 | 17 | 18 | 22 | 27 | 30 |
| EBITDA* | 1,181,430 | 1,078,675 | 1,165,738 | 1,129,267 | 680,315 | 938 | 687,000 | 421,000 | 460,000 | 141,000 | 315,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 321 | 1,798 | 5,176 | 6,596 | 9,002 | 21,136 | 21,000 | 30,000 | 7,000 | 11,000 | 8,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,430 | 17,963 | 28,947 | 39,000 | 25,000 | 39,000 | 47,000 | 15,000 |
| Investments & Other | 7,022,838 | 7,022,838 | 7,022,838 | 7,022,838 | 5,820,553 | 5,820,553 | 5,820,553 | 5,820,553 | 5,820,553 | 5,820,553 | 5,821,000 | 5,821,000 | 5,821,000 | 5,821,000 | 5,821,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,022,838 | 7,022,838 | 7,022,838 | 7,022,838 | 5,820,874 | 5,822,351 | 5,825,729 | 5,830,579 | 5,847,518 | 5,870,636 | 5,881,000 | 5,876,000 | 5,867,000 | 5,879,000 | 5,844,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,000 | 9,000 |
| Trade Debtors | 48,880 | 53,471 | 116,045 | 175,711 | 290,907 | 348,171 | 688,052 | 621,415 | 505,777 | 422,182 | 511,000 | 421,000 | 360,000 | 376,000 | 316,000 |
| Group Debtors | 3,890,095 | 3,756,188 | 3,957,969 | 3,672,939 | 4,627,379 | 3,392,258 | 3,988,948 | 2,054,143 | 2,224,232 | 1,286,547 | 1,023,000 | 650,000 | 199,000 | 0 | 3,000 |
| Misc Debtors | 55,141 | 11,300 | 22,272 | 43,596 | 31,617 | 28,979 | 21,561 | 112,563 | 14,480 | 15,421 | 23,000 | 37,000 | 44,000 | 39,000 | 58,000 |
| Cash | 3,820,455 | 3,493,503 | 1,886,412 | 1,478,229 | 396,718 | 753,536 | 445,327 | 1,172,370 | 187,216 | 845,889 | 114,000 | 208,000 | 344,000 | 145,000 | 154,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,814,571 | 7,314,462 | 5,982,698 | 5,370,475 | 5,346,621 | 4,522,944 | 5,143,888 | 3,960,491 | 2,931,705 | 2,570,039 | 1,671,000 | 1,316,000 | 947,000 | 593,000 | 540,000 |
| total assets | 14,837,409 | 14,337,300 | 13,005,536 | 12,393,313 | 11,167,495 | 10,345,295 | 10,969,617 | 9,791,070 | 8,779,223 | 8,440,675 | 7,552,000 | 7,192,000 | 6,814,000 | 6,472,000 | 6,384,000 |
| 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 | 324,183 | 813,044 | 3,675 | 282,999 | 81,526 | 8,473 | 4,057 | 12,209 | 38,813 | 36,800 | 61,000 | 50,000 | 63,000 | 108,000 | 91,000 |
| Group/Directors Accounts | 0 | 0 | 76,419 | 1,870 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 147,000 | 0 | 11,000 | 3,000 |
| 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 | 10,498 | 10,498 | 10,498 | 6,000 | 3,000 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 509,737 | 617,836 | 620,578 | 907,271 | 1,219,434 | 971,690 | 820,442 | 977,637 | 861,000 | 855,000 | 923,000 | 847,000 | 886,000 |
| total current liabilities | 324,183 | 813,044 | 589,831 | 902,705 | 702,104 | 915,744 | 1,223,491 | 994,397 | 869,753 | 1,024,935 | 928,000 | 1,055,000 | 986,000 | 966,000 | 980,000 |
| 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 | 5,000 | 9,000 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,807 | 53,699 | 80,230 | 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 | 13,000 | 20,000 | 20,000 | 10,000 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,807 | 53,699 | 80,230 | 5,000 | 22,000 | 20,000 | 20,000 | 10,000 |
| total liabilities | 324,183 | 813,044 | 589,831 | 902,705 | 702,104 | 915,744 | 1,223,491 | 1,005,204 | 923,452 | 1,105,165 | 933,000 | 1,077,000 | 1,006,000 | 986,000 | 990,000 |
| net assets | 14,513,226 | 13,524,256 | 12,415,705 | 11,490,608 | 10,465,391 | 9,429,551 | 9,746,126 | 8,785,866 | 7,855,771 | 7,335,510 | 6,619,000 | 6,115,000 | 5,808,000 | 5,486,000 | 5,394,000 |
| total shareholders funds | 14,513,226 | 13,524,256 | 12,415,705 | 11,490,608 | 10,465,391 | 9,429,551 | 9,746,126 | 8,785,866 | 7,855,771 | 7,335,510 | 6,619,000 | 6,115,000 | 5,808,000 | 5,486,000 | 5,394,000 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,179,953 | 1,075,297 | 1,158,730 | 1,109,057 | 651,271 | 905 | 654,000 | 393,000 | 434,000 | 130,000 | 298,000 | ||||
| Depreciation | 0 | 0 | 0 | 321 | 1,477 | 3,378 | 3,578 | 5,677 | 13,198 | 15 | 12,000 | 6,000 | 6,000 | 5,000 | 6,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 3,430 | 14,533 | 15,846 | 18 | 21,000 | 22,000 | 20,000 | 6,000 | 11,000 |
| Tax | -202,864 | -194,477 | -200,620 | -227,475 | -131,055 | -191 | -149,000 | -87,000 | -111,000 | -38,000 | -72,000 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33,000 | 24,000 | 9,000 |
| Debtors | 173,157 | -275,327 | 204,040 | -1,057,657 | 1,180,495 | -929,153 | 1,910,440 | 43,632 | 1,020,339 | 167,150 | 449,000 | 505,000 | 188,000 | 38,000 | 377,000 |
| Creditors | -488,861 | 809,369 | -279,324 | 201,473 | 73,053 | 4,416 | -8,152 | -26,604 | 2,013 | -24,200 | 11,000 | -13,000 | -45,000 | 17,000 | 91,000 |
| Accruals and Deferred Income | 0 | -509,737 | -108,099 | -2,742 | -286,693 | -312,163 | 236,937 | 108,356 | -183,726 | 196,867 | 6,000 | -68,000 | 76,000 | -39,000 | 886,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,000 | -7,000 | 0 | 10,000 | 10,000 |
| Cash flow from operations | -415,569 | 1,505,604 | -716,537 | 939,912 | -652,792 | 6,264 | 93,000 | -259,000 | 225,000 | 29,000 | 844,000 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 1,202,285 | 0 | 0 | 0 | 0 | 0 | -447 | 0 | 0 | 0 | 0 | 5,821,000 |
| 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 | -76,419 | 74,549 | 1,870 | 0 | 0 | 0 | 0 | 0 | 0 | -147,000 | 147,000 | -11,000 | 8,000 | 3,000 |
| 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 | -10,498 | 0 | 0 | -502 | -1,000 | 12,000 | 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 | 58,751 | 2,605 | 2,150 | 48,513 | 45 | 1 | 1,000 | 1,000 | 0 | 0 | -48,000 | ||||
| cash flow from financing | 58,751 | 2,605 | -8,348 | 48,513 | 45 | 715,294 | -149,000 | 160,000 | -12,000 | 8,000 | 4,604,000 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 326,952 | 1,607,091 | 408,183 | 1,081,511 | -356,818 | 308,209 | -727,043 | 985,154 | -658,673 | 731,889 | -94,000 | -136,000 | 199,000 | -9,000 | 154,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 326,952 | 1,607,091 | 408,183 | 1,081,511 | -356,818 | 308,209 | -727,043 | 985,154 | -658,673 | 731,889 | -94,000 | -136,000 | 199,000 | -9,000 | 154,000 |
cti data solutions limited Credit Report and Business Information
Cti Data Solutions Limited Competitor Analysis
Perform a competitor analysis for cti data solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in RG2 area or any other competitors across 12 key performance metrics.
cti data solutions limited Ownership
CTI DATA SOLUTIONS LIMITED group structure
Cti Data Solutions Limited has 1 subsidiary company.
Ultimate parent company
ENGHOUSE SYSTEMS LTD
#0064359
ENGHOUSE NETWORKS (US) INC
#0102686
2 parents
CTI DATA SOLUTIONS LIMITED
02969593
1 subsidiary
cti data solutions limited directors
Cti Data Solutions Limited currently has 1 director, Mr Robert Medved serving since Mar 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Medved | United Kingdom | 55 years | Mar 2022 | - | Director |
P&L
October 2023turnover
617.5k
-8%
operating profit
1.1m
0%
gross margin
72.3%
-1.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
14.5m
+0.07%
total assets
14.8m
+0.03%
cash
3.8m
+0.09%
net assets
Total assets minus all liabilities
cti data solutions limited company details
company number
02969593
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
September 1994
age
30
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
October 2023
previous names
cti data solutions (international) limited (February 1998)
computer telephony integration (international) limited (May 1995)
accountant
MENZIES LLP
auditor
-
address
imperium imperial way, reading, berkshire, RG2 0TD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
cti data solutions 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 8 charges/mortgages relating to cti data solutions limited. Currently there are 0 open charges and 8 have been satisfied in the past.
cti data solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
