Concurrent Systems Incorporated Limited

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concurrent systems incorporated limited Company Information

Company Number

04175656

Next Accounts

Dec 2025

Directors

Stuart McBurnie

Christopher Mann

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Shareholders

stuart joseph mcburnie

alistair milne

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Group Structure

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Industry

Other information technology and computer service activities

Registered Address

lindenmuth house, 37 greenham business park, thatcham, berkshire, RG19 6HW

Website

http://csi-europe.com

concurrent systems incorporated limited Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of CONCURRENT SYSTEMS INCORPORATED LIMITED at £3.5m based on Net Assets of £1.6m and 2.25x industry multiple (adjusted for liquidity).

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Concurrent Systems Incorporated Limited is a live company located in thatcham, RG19 6HW with a Companies House number of 04175656. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2001, it's largest shareholder is stuart joseph mcburnie with a 60.7% stake. Concurrent Systems Incorporated Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with low growth in recent years.

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Pomanda's financial health check has awarded Concurrent Systems Incorporated Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

3 Strong

3 Regular

5 Weak

Size

annual sales of £1.6m, make it smaller than the average company (£7.5m)

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9%)

EXPORT

Concurrent Systems Incorporated Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £1.6 million. According to their latest financial statements, Concurrent Systems Incorporated Limited has 17 employees and maintains cash reserves of £1.9 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	1,570,518	1,478,240	1,653,331	1,476,950	1,329,558	1,678,024	1,309,901	1,308,305	601,278	2,190,844	1,851,696	1,952,435	1,433,887	1,186,321	1,742,439
Other Income Or Grants
Cost Of Sales	811,028	748,918	811,396	734,009	657,188	809,630	617,438	609,427	282,126	1,025,370	846,877	900,153	378,096	392,574	779,983
Gross Profit	759,490	729,322	841,935	742,941	672,370	868,393	692,463	698,878	319,152	1,165,474	1,004,819	1,052,282	1,055,791	793,747	962,456
Admin Expenses	691,484	224,082	819,382	52,841	623,226	993,709	642,921	726,782	254,231	963,838	950,012	1,040,132	823,419	767,997	962,640
Operating Profit	68,006	505,240	22,553	690,100	49,144	-125,316	49,542	-27,904	64,921	201,636	54,807	12,150	232,372	25,750	-184
Interest Payable
Interest Receivable	95,883	62,318	9,029	901	473	3,725	2,765	1,335	2,729	2,394	1,811	1,470	407	129	355
Pre-Tax Profit	163,889	567,558	31,581	691,001	49,617	-121,591	52,307	-26,569	67,650	204,030	56,618	13,620	232,779	25,879	171
Tax	-40,972	-107,836	-6,000	-131,290	-9,427		-9,938		-13,530	-42,846	-13,022	-3,269	-46,610	-5,565	-48
Profit After Tax	122,917	459,722	25,581	559,711	40,190	-121,591	42,369	-26,569	54,120	161,184	43,596	10,351	186,169	20,314	123
Dividends Paid														18,000
Retained Profit	122,917	459,722	25,581	559,711	40,190	-121,591	42,369	-26,569	54,120	161,184	43,596	10,351	186,169	2,314	123
Employee Costs	1,232,852	1,178,964	1,121,599	1,064,616	951,550	841,146	801,413	827,270	265,624	800,541	672,876	697,983	501,133	435,952	626,942
Number Of Employees	17	17	17	17	16	14	14	15	5	15	13	14	10	9	13
EBITDA*	77,265	513,217	29,283	694,462	60,524	-123,169	55,247	-19,726	69,404	207,361	62,467	18,782	237,787	30,866	4,142

* 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	16,250	15,016	16,249	20,659	6,458	10,597	9,456	8,095	13,451	13,018	11,370	12,057	9,420	8,575	5,553
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	16,250	15,016	16,249	20,659	6,458	10,597	9,456	8,095	13,451	13,018	11,370	12,057	9,420	8,575	5,553
Stock & work in progress
Trade Debtors	158,162	154,332	223,391	178,988	152,165	300,640	197,287	182,137	116,590	317,319	256,157	280,459	255,892	264,576	275,877
Group Debtors
Misc Debtors	22,290	21,311	12,936	13,112	26,550		15,000	61,500	75,524	156,643	111,139	121,139	100,643	92,192
Cash	1,883,965	1,768,723	1,163,897	1,243,817	557,666	388,442	604,792	501,187	567,146	524,341	433,282	291,088	296,786	138,547	141,918
misc current assets
total current assets	2,064,417	1,944,366	1,400,224	1,435,917	736,381	689,082	817,079	744,824	759,260	998,303	800,578	692,686	653,321	495,315	417,795
total assets	2,080,667	1,959,382	1,416,473	1,456,576	742,839	699,679	826,535	752,919	772,711	1,011,321	811,948	704,743	662,741	503,890	423,348
Bank overdraft
Bank loan
Trade Creditors	3,421	1,371	25,436	28,945	19,248	42,837	42,683	27,587	7,485	606,984	568,795	505,186	473,535	37,169	348,122
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities	512,396	517,288	409,802	473,837	330,735	304,176	309,595	293,444	226,012					405,685
total current liabilities	515,817	518,659	435,238	502,782	349,983	347,013	352,278	321,031	233,497	606,984	568,795	505,186	473,535	442,854	348,122
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities									80,757					57,999	74,503
provisions	4,063	2,853	3,087	1,227
total long term liabilities	4,063	2,853	3,087	1,227					80,757					57,999	74,503
total liabilities	519,880	521,512	438,325	504,009	349,983	347,013	352,278	321,031	314,254	606,984	568,795	505,186	473,535	500,853	422,625
net assets	1,560,787	1,437,870	978,148	952,567	392,856	352,666	474,257	431,888	458,457	404,337	243,153	199,557	189,206	3,037	723
total shareholders funds	1,560,787	1,437,870	978,148	952,567	392,856	352,666	474,257	431,888	458,457	404,337	243,153	199,557	189,206	3,037	723

	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	68,006	505,240	22,553	690,100	49,144	-125,316	49,542	-27,904	64,921	201,636	54,807	12,150	232,372	25,750	-184
Depreciation	9,259	7,977	6,730	4,362	11,380	2,147	5,705	8,178	4,483	5,725	7,660	6,632	5,415	5,116	4,326
Amortisation
Tax	-40,972	-107,836	-6,000	-131,290	-9,427		-9,938		-13,530	-42,846	-13,022	-3,269	-46,610	-5,565	-48
Stock
Debtors	4,809	-60,684	44,227	13,385	-121,925	88,353	-31,350	51,523	-281,848	106,666	-34,302	45,063	-233	80,891	275,877
Creditors	2,050	-24,065	-3,509	9,697	-23,589	154	15,096	20,102	-599,499	38,189	63,609	31,651	436,366	-310,953	348,122
Accruals and Deferred Income	-4,892	107,486	-64,035	143,102	26,559	-5,419	16,151	67,432	226,012				-405,685	405,685
Deferred Taxes & Provisions	1,210	-234	1,860	1,227
Cash flow from operations	29,852	549,252	-86,628	703,813	175,992	-216,787	107,906	16,285	-35,765	96,038	147,356	2,101	222,091	39,142	76,339
Investing Activities
capital expenditure	-10,493	-6,744	-2,320	-18,563	-7,241	-3,288	-7,066	-2,822	-4,916	-7,373	-6,973	-9,269	-6,260	-8,138	-9,879
Change in Investments
cash flow from investments	-10,493	-6,744	-2,320	-18,563	-7,241	-3,288	-7,066	-2,822	-4,916	-7,373	-6,973	-9,269	-6,260	-8,138	-9,879
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities								-80,757	80,757				-57,999	-16,504	74,503
share issue															600
interest	95,883	62,318	9,029	901	473	3,725	2,765	1,335	2,729	2,394	1,811	1,470	407	129	355
cash flow from financing	95,883	62,318	9,029	901	473	3,725	2,765	-79,422	83,486	2,394	1,811	1,470	-57,592	-16,375	75,458
cash and cash equivalents
cash	115,242	604,826	-79,920	686,151	169,224	-216,350	103,605	-65,959	42,805	91,059	142,194	-5,698	158,239	-3,371	141,918
overdraft
change in cash	115,242	604,826	-79,920	686,151	169,224	-216,350	103,605	-65,959	42,805	91,059	142,194	-5,698	158,239	-3,371	141,918

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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CONCURRENT SYSTEMS INCORPORATED LIMITED group structure

Concurrent Systems Incorporated Limited has no subsidiary companies.

Ultimate parent company

CONCURRENT SYSTEMS INCORPORATED LIMITED

04175656

CONCURRENT SYSTEMS INCORPORATED LIMITED Shareholders

stuart joseph mcburnie	60.67%
alistair milne	34.38%
paul cook	2.25%
chris mann	2.25%
mark harrop	0.45%

Concurrent Systems Incorporated Limited currently has 3 directors. The longest serving directors include Mr Stuart McBurnie (Apr 2001) and Mr Christopher Mann (Apr 2002).

officer	country	age	start	end	role
Mr Stuart McBurnie	United Kingdom	57 years	Apr 2001	-	Director
Mr Christopher Mann	United Kingdom	51 years	Apr 2002	-	Director
Mr Paul Cook	United Kingdom	54 years	Apr 2014	-	Director

P&L

March 2024

turnover

1.6m

+6%

operating profit

68k

gross margin

48.4%

-1.98%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.6m

+0.09%

total assets

2.1m

+0.06%

cash

1.9m

+0.07%

net assets

Total assets minus all liabilities

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company number

04175656

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

March 2001

ultimate parent company

None

previous names

N/A

address

lindenmuth house, 37 greenham business park, thatcham, berkshire, RG19 6HW

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concurrent systems incorporated limited Company Information

concurrent systems incorporated limited Estimated Valuation

concurrent systems incorporated limited Estimated Valuation

concurrent systems incorporated limited Estimated Valuation

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