markitserv limited
markitserv limited Company Information
Company Number
04027741
Website
http://ihsmarkit.comRegistered Address
2nd floor,, london fruit & wool exchange, london, E1 6PW
Industry
Other information technology and computer service activities
Telephone
02072602000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
parthanon holdings llc 100%
markitserv limited Estimated Valuation
Pomanda estimates the enterprise value of MARKITSERV LIMITED at £139.8m based on a Turnover of £92.2m and 1.52x industry multiple (adjusted for size and gross margin).
markitserv limited Estimated Valuation
Pomanda estimates the enterprise value of MARKITSERV LIMITED at £468.1m based on an EBITDA of £40.2m and a 11.64x industry multiple (adjusted for size and gross margin).
markitserv limited Estimated Valuation
Pomanda estimates the enterprise value of MARKITSERV LIMITED at £151.7m based on Net Assets of £68.5m and 2.21x industry multiple (adjusted for liquidity).
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Markitserv Limited Overview
Markitserv Limited is a live company located in london, E1 6PW with a Companies House number of 04027741. It operates in the other information technology service activities sector, SIC Code 62090. Founded in July 2000, it's largest shareholder is parthanon holdings llc with a 100% stake. Markitserv Limited is a mature, large sized company, Pomanda has estimated its turnover at £92.2m with healthy growth in recent years.
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Markitserv Limited Health Check
Pomanda's financial health check has awarded Markitserv Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £92.2m, make it larger than the average company (£6.6m)
£92.2m - Markitserv Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (5.3%)
6% - Markitserv Limited
5.3% - Industry AVG
Production
with a gross margin of 51.9%, this company has a comparable cost of product (51.9%)
51.9% - Markitserv Limited
51.9% - Industry AVG
Profitability
an operating margin of 33.7% make it more profitable than the average company (3.8%)
33.7% - Markitserv Limited
3.8% - Industry AVG
Employees
with 128 employees, this is above the industry average (43)
128 - Markitserv Limited
43 - Industry AVG
Pay Structure
on an average salary of £208k, the company has a higher pay structure (£67.9k)
£208k - Markitserv Limited
£67.9k - Industry AVG
Efficiency
resulting in sales per employee of £720.4k, this is more efficient (£162k)
£720.4k - Markitserv Limited
£162k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (55 days)
45 days - Markitserv Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (36 days)
10 days - Markitserv Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Markitserv Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (15 weeks)
19 weeks - Markitserv Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.2%, this is a lower level of debt than the average (63.4%)
37.2% - Markitserv Limited
63.4% - Industry AVG
markitserv limited Credit Report and Business Information
Markitserv Limited Competitor Analysis
Perform a competitor analysis for markitserv limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
markitserv limited Ownership
MARKITSERV LIMITED group structure
Markitserv Limited has 1 subsidiary company.
Ultimate parent company
OSTTRA GROUP LTD
#0156201
US PARTHANON HOLDINGS LLC
#0129011
2 parents
MARKITSERV LIMITED
04027741
1 subsidiary
markitserv limited directors
Markitserv Limited currently has 5 directors. The longest serving directors include Mr Kirston Winters (Jun 2018) and Mr Chris Leaver (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kirston Winters | 46 years | Jun 2018 | - | Director | |
| Mr Chris Leaver | England | 51 years | Feb 2020 | - | Director |
| Mr John Stewart | United Kingdom | 55 years | Feb 2020 | - | Director |
| Mr Guy Rowcliffe | United Kingdom | 59 years | Sep 2021 | - | Director |
| Mr Guy Rowcliffe | England | 59 years | Sep 2021 | - | Director |
MARKITSERV LIMITED financials
Markitserv Limited's latest turnover from December 2022 is £92.2 million and the company has net assets of £68.5 million. According to their latest financial statements, Markitserv Limited has 128 employees and maintains cash reserves of £12.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 92,212,000 | 92,475,000 | 77,101,000 | 76,576,000 | 71,690,000 | 70,731,000 | 64,507,000 | 72,573,000 | 70,067,000 | 64,964,000 | 61,334,000 | 51,743,000 | 42,068,000 | 31,126,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 31,098,000 | 23,449,000 | 10,283,000 | 30,875,000 | 27,553,000 | 5,340,000 | 20,157,000 | 30,344,000 | 25,990,000 | 21,014,000 | 22,204,000 | 21,026,000 | 15,599,000 | 9,873,000 |
| Interest Payable | 386,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171,000 | 21,000 | 54,000 | 98,000 | 134,000 | 0 |
| Interest Receivable | 54,000 | 4,000 | 68,000 | 0 | 684,000 | 362,000 | 106,000 | 49,000 | 15,000 | 141,000 | 124,000 | 73,000 | 0 | 165,000 |
| Pre-Tax Profit | 30,766,000 | 24,796,000 | 10,351,000 | 30,875,000 | 28,237,000 | 5,702,000 | 20,263,000 | 30,393,000 | 25,834,000 | 21,134,000 | 22,274,000 | 21,001,000 | 15,465,000 | 10,038,000 |
| Tax | -5,593,000 | -4,238,000 | -1,967,000 | -5,797,000 | -5,359,000 | -964,000 | -319,000 | -3,412,000 | -5,149,000 | -4,593,000 | -4,927,000 | -5,536,000 | -2,902,000 | -2,566,000 |
| Profit After Tax | 25,173,000 | 20,558,000 | 8,384,000 | 25,078,000 | 22,878,000 | 4,738,000 | 19,944,000 | 26,981,000 | 20,685,000 | 16,541,000 | 17,347,000 | 15,465,000 | 12,563,000 | 7,472,000 |
| Dividends Paid | 0 | 0 | 53,242,000 | 0 | 0 | 0 | 31,000,000 | 23,500,000 | 10,500,000 | 32,205,000 | 4,714,000 | 7,465,000 | 13,351,000 | 13,666,000 |
| Retained Profit | 25,173,000 | 20,558,000 | -44,858,000 | 25,078,000 | 22,878,000 | 4,738,000 | -11,056,000 | 3,481,000 | 10,185,000 | -15,664,000 | 12,633,000 | 8,000,000 | -788,000 | -6,194,000 |
| Employee Costs | 26,625,000 | 14,858,000 | 0 | 0 | 0 | 21,892,000 | 23,528,000 | 21,318,000 | 22,592,000 | 18,760,000 | 18,782,000 | 14,486,000 | 11,891,000 | 7,301,000 |
| Number Of Employees | 128 | 117 | 277 | 314 | 288 | 303 | 254 | 198 | 169 | 120 | 94 | |||
| EBITDA* | 40,228,000 | 33,143,000 | 17,836,000 | 35,872,000 | 33,090,000 | 6,345,000 | 21,524,000 | 32,024,000 | 27,905,000 | 22,805,000 | 24,639,000 | 23,049,000 | 17,307,000 | 10,639,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,289,000 | 2,489,000 | 172,000 | 101,000 | 184,000 | 603,000 | 1,244,000 | 1,990,000 | 2,152,000 | 2,481,000 | 2,087,000 | 1,632,000 | 1,511,000 | 931,000 |
| Intangible Assets | 35,393,000 | 35,738,000 | 36,874,000 | 30,612,000 | 23,000,000 | 160,000 | 439,000 | 714,000 | 621,000 | 541,000 | 9,609,000 | 13,498,000 | 1,983,000 | 2,812,000 |
| Investments & Other | 28,280,000 | 27,693,000 | 19,599,000 | 9,517,000 | 8,957,000 | 8,957,000 | 8,957,000 | 8,957,000 | 8,957,000 | 8,957,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 65,962,000 | 65,920,000 | 56,645,000 | 40,230,000 | 32,141,000 | 9,720,000 | 10,640,000 | 11,661,000 | 11,730,000 | 11,979,000 | 11,696,000 | 15,130,000 | 3,494,000 | 3,743,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,434,000 | 16,289,000 | 21,660,000 | 11,302,000 | 17,801,000 | 19,102,000 | 15,794,000 | 10,251,000 | 11,209,000 | 7,538,000 | 9,195,000 | 6,838,000 | 5,899,000 | 6,990,000 |
| Group Debtors | 10,843,000 | 2,842,000 | 0 | 56,865,000 | 36,096,000 | 63,533,000 | 1,538,000 | 6,779,000 | 33,000 | 1,972,000 | 4,906,000 | 4,721,000 | 6,658,000 | 6,271,000 |
| Misc Debtors | 8,760,000 | 9,094,000 | 0 | 6,448,000 | 73,000 | 952,000 | 1,346,000 | 7,352,000 | 7,186,000 | 6,010,000 | 5,450,000 | 4,621,000 | 4,120,000 | 4,302,000 |
| Cash | 12,177,000 | 13,964,000 | 0 | 0 | 0 | 1,756,000 | 1,853,000 | 6,693,000 | 12,128,000 | 6,747,000 | 11,799,000 | 8,909,000 | 4,107,000 | 4,679,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 754,000 | 863,000 | 385,000 | 0 |
| total current assets | 43,214,000 | 42,189,000 | 21,660,000 | 74,615,000 | 53,970,000 | 85,343,000 | 20,531,000 | 31,075,000 | 30,556,000 | 22,267,000 | 32,104,000 | 25,952,000 | 21,169,000 | 22,242,000 |
| total assets | 109,176,000 | 108,109,000 | 78,305,000 | 114,845,000 | 86,111,000 | 95,063,000 | 31,171,000 | 42,736,000 | 42,286,000 | 34,246,000 | 43,800,000 | 41,082,000 | 24,663,000 | 25,985,000 |
| Bank overdraft | 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 |
| Trade Creditors | 1,323,000 | 720,000 | 1,246,000 | 817,000 | 609,000 | 997,000 | 78,000 | 738,000 | 590,000 | 298,000 | 960,000 | 107,000 | 372,000 | 450,000 |
| Group/Directors Accounts | 22,227,000 | 8,251,000 | 30,443,000 | 16,560,000 | 21,308,000 | 67,917,000 | 5,758,000 | 3,720,000 | 4,859,000 | 10,701,000 | 1,893,000 | 4,977,000 | 2,806,000 | 1,808,000 |
| other short term finances | 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 | 586,000 |
| other current liabilities | 9,316,000 | 7,028,000 | 7,783,000 | 13,777,000 | 5,580,000 | 3,935,000 | 7,859,000 | 10,791,000 | 13,773,000 | 10,931,000 | 12,495,000 | 11,762,000 | 8,117,000 | 8,347,000 |
| total current liabilities | 32,866,000 | 15,999,000 | 39,472,000 | 31,154,000 | 27,497,000 | 72,849,000 | 13,695,000 | 15,249,000 | 19,222,000 | 21,930,000 | 15,348,000 | 16,846,000 | 11,295,000 | 11,191,000 |
| loans | 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 | 1,199,000 | 2,272,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 971,000 | 3,770,000 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 7,777,000 | 4,704,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,777,000 | 4,704,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 971,000 | 3,770,000 | 1,199,000 | 2,272,000 |
| total liabilities | 40,643,000 | 20,703,000 | 39,472,000 | 31,154,000 | 27,497,000 | 72,849,000 | 13,695,000 | 15,249,000 | 19,222,000 | 21,930,000 | 16,319,000 | 20,616,000 | 12,494,000 | 13,463,000 |
| net assets | 68,533,000 | 87,406,000 | 38,833,000 | 83,691,000 | 58,614,000 | 22,214,000 | 17,476,000 | 27,487,000 | 23,064,000 | 12,316,000 | 27,481,000 | 20,466,000 | 12,169,000 | 12,522,000 |
| total shareholders funds | 68,533,000 | 87,406,000 | 38,833,000 | 83,691,000 | 58,614,000 | 22,214,000 | 17,476,000 | 27,487,000 | 23,064,000 | 12,316,000 | 27,481,000 | 20,466,000 | 12,169,000 | 12,522,000 |
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 31,098,000 | 23,449,000 | 10,283,000 | 30,875,000 | 27,553,000 | 5,340,000 | 20,157,000 | 30,344,000 | 25,990,000 | 21,014,000 | 22,204,000 | 21,026,000 | 15,599,000 | 9,873,000 |
| Depreciation | 644,000 | 353,000 | 53,000 | 118,000 | 495,000 | 725,000 | 1,050,000 | 1,293,000 | 1,544,000 | 1,425,000 | 1,220,000 | 928,000 | 697,000 | 660,000 |
| Amortisation | 8,486,000 | 9,341,000 | 7,500,000 | 4,879,000 | 5,042,000 | 280,000 | 317,000 | 387,000 | 371,000 | 366,000 | 1,215,000 | 1,095,000 | 1,011,000 | 106,000 |
| Tax | -5,593,000 | -4,238,000 | -1,967,000 | -5,797,000 | -5,359,000 | -964,000 | -319,000 | -3,412,000 | -5,149,000 | -4,593,000 | -4,927,000 | -5,536,000 | -2,902,000 | -2,566,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,812,000 | 6,565,000 | -52,955,000 | 20,645,000 | -29,617,000 | 64,909,000 | -5,704,000 | 5,954,000 | 2,908,000 | -4,031,000 | 3,371,000 | -497,000 | -886,000 | 17,563,000 |
| Creditors | 603,000 | -526,000 | 429,000 | 208,000 | -388,000 | 919,000 | -660,000 | 148,000 | 292,000 | -662,000 | 853,000 | -265,000 | -78,000 | 450,000 |
| Accruals and Deferred Income | 2,288,000 | -755,000 | -5,994,000 | 8,197,000 | 1,645,000 | -3,924,000 | -2,932,000 | -2,982,000 | 2,842,000 | -2,535,000 | -2,066,000 | 7,415,000 | -230,000 | 8,347,000 |
| Deferred Taxes & Provisions | 3,073,000 | 4,704,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 37,787,000 | 25,763,000 | 63,259,000 | 17,835,000 | 58,605,000 | -62,533,000 | 23,317,000 | 19,824,000 | 22,982,000 | 19,046,000 | 15,128,000 | 25,160,000 | 14,983,000 | -693,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | -2,290,000 | -1,180,000 | -1,534,000 | ||||||||||
| Change in Investments | 587,000 | 8,094,000 | 10,082,000 | 560,000 | 0 | 0 | 0 | 0 | 0 | 8,957,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -2,290,000 | -1,180,000 | -1,534,000 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 13,976,000 | -22,192,000 | 13,883,000 | -4,748,000 | -46,609,000 | 62,159,000 | 2,038,000 | -1,139,000 | -5,842,000 | 8,808,000 | -3,084,000 | 2,171,000 | 998,000 | 1,808,000 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,199,000 | -1,659,000 | 2,858,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -332,000 | 4,000 | 68,000 | 0 | 684,000 | 362,000 | 106,000 | 49,000 | -156,000 | 120,000 | 70,000 | -25,000 | -134,000 | 165,000 |
| cash flow from financing | -30,402,000 | 5,827,000 | 13,951,000 | -4,749,000 | -32,403,000 | 62,521,000 | 3,189,000 | -148,000 | -5,435,000 | 9,427,000 | -8,632,000 | 1,244,000 | -360,000 | 23,547,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,787,000 | 13,964,000 | 0 | 0 | -1,756,000 | -97,000 | -4,840,000 | -5,435,000 | 5,381,000 | -5,052,000 | 2,890,000 | 4,802,000 | -572,000 | 4,679,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,787,000 | 13,964,000 | 0 | 0 | -1,756,000 | -97,000 | -4,840,000 | -5,435,000 | 5,381,000 | -5,052,000 | 2,890,000 | 4,802,000 | -572,000 | 4,679,000 |
P&L
December 2022turnover
92.2m
0%
operating profit
31.1m
+33%
gross margin
51.9%
-0.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
68.5m
-0.22%
total assets
109.2m
+0.01%
cash
12.2m
-0.13%
net assets
Total assets minus all liabilities
Similar Companies
markitserv limited company details
company number
04027741
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
July 2000
age
24
accounts
Full Accounts
ultimate parent company
previous names
swapswire limited (September 2009)
swapswire uk limited (July 2000)
incorporated
UK
address
2nd floor,, london fruit & wool exchange, london, E1 6PW
last accounts submitted
December 2022
markitserv 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 markitserv limited.
markitserv limited Companies House Filings - See Documents
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