smartcomms sc limited
smartcomms sc limited Company Information
Company Number
04303041
Next Accounts
Sep 2025
Shareholders
platinum newco i. limited
Group Structure
View All
Industry
Other information technology and computer service activities
+1Registered Address
suite 23 lclb, 95 mortimer street, london, W1W 7GB
smartcomms sc limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTCOMMS SC LIMITED at £38.6m based on a Turnover of £27.7m and 1.39x industry multiple (adjusted for size and gross margin).
smartcomms sc limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTCOMMS SC LIMITED at £271.8m based on an EBITDA of £30.4m and a 8.94x industry multiple (adjusted for size and gross margin).
smartcomms sc limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTCOMMS SC LIMITED at £160.3m based on Net Assets of £69.3m and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Smartcomms Sc Limited Overview
Smartcomms Sc Limited is a live company located in london, W1W 7GB with a Companies House number of 04303041. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2001, it's largest shareholder is platinum newco i. limited with a 100% stake. Smartcomms Sc Limited is a mature, large sized company, Pomanda has estimated its turnover at £27.7m with healthy growth in recent years.
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Smartcomms Sc Limited Health Check
Pomanda's financial health check has awarded Smartcomms Sc Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £27.7m, make it larger than the average company (£5.9m)
£27.7m - Smartcomms Sc Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.1%)
11% - Smartcomms Sc Limited
9.1% - Industry AVG
Production
with a gross margin of 68.2%, this company has a comparable cost of product (61.7%)
68.2% - Smartcomms Sc Limited
61.7% - Industry AVG
Profitability
an operating margin of 95.7% make it more profitable than the average company (3.5%)
95.7% - Smartcomms Sc Limited
3.5% - Industry AVG
Employees
with 159 employees, this is above the industry average (42)
159 - Smartcomms Sc Limited
42 - Industry AVG
Pay Structure
on an average salary of £115.2k, the company has a higher pay structure (£73.2k)
£115.2k - Smartcomms Sc Limited
£73.2k - Industry AVG
Efficiency
resulting in sales per employee of £174.1k, this is more efficient (£150k)
£174.1k - Smartcomms Sc Limited
£150k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (55 days)
103 days - Smartcomms Sc Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (37 days)
11 days - Smartcomms Sc Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Smartcomms Sc Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (15 weeks)
17 weeks - Smartcomms Sc Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.8%, this is a lower level of debt than the average (63.8%)
30.8% - Smartcomms Sc Limited
63.8% - Industry AVG
SMARTCOMMS SC LIMITED financials
Smartcomms Sc Limited's latest turnover from December 2023 is £27.7 million and the company has net assets of £69.3 million. According to their latest financial statements, Smartcomms Sc Limited has 159 employees and maintains cash reserves of £10.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 27,688,000 | 25,080,000 | 22,092,000 | 20,361,000 | 18,908,000 | 17,223,000 | 14,387,000 | 12,733,000 | 32,011,161 | 33,644,453 | 41,821,978 | 39,811,052 | 35,732,508 | 25,669,441 | 18,289,035 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,798,000 | 8,048,000 | 8,757,000 | 7,832,000 | 7,187,000 | 4,255,000 | 3,632,000 | 2,729,000 | 5,729,461 | 6,074,225 | 6,675,637 | 5,959,859 | 4,173,501 | 2,994,297 | 1,701,664 |
| Gross Profit | 18,890,000 | 17,032,000 | 13,335,000 | 12,529,000 | 11,721,000 | 12,968,000 | 10,755,000 | 10,004,000 | 26,281,700 | 27,570,228 | 35,146,341 | 33,851,193 | 31,559,007 | 22,675,144 | 16,587,371 |
| Admin Expenses | -7,613,000 | -2,046,000 | -4,351,000 | -6,035,000 | 91,000 | 2,259,000 | -2,948,000 | -6,502,000 | 41,231,342 | 39,093,596 | 39,438,947 | 35,300,511 | 27,920,073 | 17,662,197 | 13,693,921 |
| Operating Profit | 26,503,000 | 19,078,000 | 17,686,000 | 18,564,000 | 11,630,000 | 10,709,000 | 13,703,000 | 16,506,000 | -14,949,642 | -11,523,368 | -4,292,606 | -1,449,318 | 3,638,934 | 5,012,947 | 2,893,450 |
| Interest Payable | 5,801,000 | 3,930,000 | 2,642,000 | 1,651,000 | 2,632,000 | 9,477,000 | 2,932,691 | 40,659 | |||||||
| Interest Receivable | 652,000 | 60,000 | 1,000 | 17,000 | 60,000 | 22,000 | 4,000 | 20,000 | 25,243 | 11,490 | 106,413 | 174,019 | 153,904 | 73,378 | 33,072 |
| Pre-Tax Profit | 21,354,000 | 15,208,000 | 15,045,000 | 16,930,000 | 9,058,000 | 10,731,000 | 13,707,000 | 4,853,000 | -17,857,090 | -11,552,537 | -4,186,193 | -1,275,299 | 3,792,838 | 5,086,325 | 2,926,522 |
| Tax | -2,677,000 | -1,532,000 | -2,263,000 | -2,672,000 | -641,000 | -720,000 | -517,000 | 959,000 | 1,829,802 | -704,341 | -1,079,954 | 1,648,856 | -239,885 | -1,162,262 | -379,220 |
| Profit After Tax | 18,677,000 | 13,676,000 | 12,782,000 | 14,258,000 | 8,417,000 | 10,011,000 | 13,190,000 | 5,812,000 | -16,027,288 | -12,256,878 | -5,266,147 | 373,557 | 3,552,953 | 3,924,063 | 2,547,302 |
| Dividends Paid | 4,000,000 | 1,250,000 | 1,200,000 | ||||||||||||
| Retained Profit | 18,677,000 | 13,676,000 | 12,782,000 | 14,258,000 | 8,417,000 | 10,011,000 | 13,190,000 | 5,812,000 | -16,027,288 | -12,256,878 | -5,266,147 | -3,626,443 | 3,552,953 | 2,674,063 | 1,347,302 |
| Employee Costs | 18,315,000 | 17,864,000 | 15,952,000 | 15,111,000 | 14,006,000 | 11,032,000 | 9,741,000 | 9,235,000 | 27,664,102 | 28,253,133 | 25,002,441 | 20,125,505 | 16,352,425 | 10,587,953 | 8,290,128 |
| Number Of Employees | 159 | 152 | 146 | 137 | 125 | 121 | 117 | 115 | 279 | 317 | 285 | 237 | 188 | 128 | 98 |
| EBITDA* | 30,402,000 | 22,989,000 | 21,470,000 | 18,818,000 | 11,769,000 | 10,821,000 | 13,779,000 | 16,629,000 | -14,049,980 | -10,380,492 | -3,250,144 | -645,424 | 3,907,619 | 5,220,661 | 3,046,500 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 491,000 | 684,000 | 417,000 | 498,000 | 305,000 | 263,000 | 177,000 | 75,000 | 1,440,488 | 1,963,474 | 2,118,019 | 2,687,066 | 1,257,473 | 226,336 | 263,233 |
| Intangible Assets | 1,906,000 | 5,414,000 | 8,922,000 | 12,430,000 | |||||||||||
| Investments & Other | 44,500,000 | 44,500,000 | 44,500,000 | 17,819,000 | 17,819,000 | 22,000 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 46,897,000 | 50,598,000 | 53,839,000 | 30,747,000 | 18,124,000 | 263,000 | 177,000 | 97,000 | 1,440,488 | 1,963,474 | 2,118,019 | 2,687,066 | 1,257,473 | 226,336 | 263,233 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 7,817,000 | 5,908,000 | 8,385,000 | 5,570,000 | 4,807,000 | 5,246,000 | 3,211,000 | 2,266,000 | 7,265,994 | 5,422,005 | 8,808,270 | 8,683,883 | 7,771,539 | 7,813,540 | 7,122,123 |
| Group Debtors | 32,102,000 | 28,138,000 | 20,935,000 | 23,991,000 | 32,668,000 | 12,128,000 | 9,589,000 | 5,098,000 | |||||||
| Misc Debtors | 3,083,000 | 3,117,000 | 1,767,000 | 1,672,000 | 1,339,000 | 1,315,000 | 1,568,000 | 2,050,000 | 5,727,617 | 9,027,806 | 5,161,013 | 4,567,320 | 4,881,194 | 1,422,728 | 416,936 |
| Cash | 10,238,000 | 3,011,000 | 2,131,000 | 7,905,000 | 1,715,000 | 695,000 | 1,222,000 | 4,137,000 | 7,576,765 | 3,400,684 | 7,856,079 | 11,870,614 | 13,498,741 | 10,266,145 | 7,328,588 |
| misc current assets | |||||||||||||||
| total current assets | 53,240,000 | 40,174,000 | 33,218,000 | 39,138,000 | 40,529,000 | 19,384,000 | 15,590,000 | 13,551,000 | 20,570,376 | 17,850,495 | 21,825,362 | 25,121,817 | 26,151,474 | 19,502,413 | 14,867,647 |
| total assets | 100,137,000 | 90,772,000 | 87,057,000 | 69,885,000 | 58,653,000 | 19,647,000 | 15,767,000 | 13,648,000 | 22,010,864 | 19,813,969 | 23,943,381 | 27,808,883 | 27,408,947 | 19,728,749 | 15,130,880 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 287,000 | 766,000 | 313,000 | 697,000 | 811,000 | 411,000 | 441,000 | 729,000 | 826,993 | 1,232,939 | 1,068,510 | 1,224,813 | 954,103 | 432,906 | 505,236 |
| Group/Directors Accounts | 8,406,000 | 20,892,000 | 30,526,000 | 25,370,000 | 34,312,000 | 6,038,000 | 11,654,000 | 23,002,000 | 49,086 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 164,512 | 208,560 | 415,892 | 415,446 | |||||||||||
| other current liabilities | 22,029,000 | 18,358,000 | 18,932,000 | 19,443,000 | 12,898,000 | 11,310,000 | 10,724,000 | 9,235,000 | 22,814,357 | 24,554,788 | 16,813,887 | 15,222,619 | 12,943,206 | 9,603,801 | 7,572,140 |
| total current liabilities | 30,722,000 | 40,016,000 | 49,771,000 | 45,510,000 | 48,021,000 | 17,759,000 | 22,819,000 | 32,966,000 | 23,854,948 | 25,996,287 | 18,298,289 | 16,862,878 | 13,897,309 | 10,036,707 | 8,077,376 |
| loans | 20,713,736 | ||||||||||||||
| hp & lease commitments | 58,994 | 66,694 | 136,969 | 561,052 | |||||||||||
| Accruals and Deferred Income | 563,000 | 209,000 | 962,000 | 2,266,000 | 1,643,733 | 2,486,493 | 2,228,567 | 1,788,933 | 1,273,867 | 1,020,423 | 1,047,726 | ||||
| other liabilities | 19,000 | ||||||||||||||
| provisions | 80,000 | 117,000 | 323,000 | 194,000 | 146,000 | 173,000 | 491,000 | 111,000 | 547,842 | 114,812 | |||||
| total long term liabilities | 99,000 | 117,000 | 323,000 | 194,000 | 709,000 | 382,000 | 1,453,000 | 2,377,000 | 22,964,305 | 2,667,999 | 2,365,536 | 2,349,985 | 1,273,867 | 1,020,423 | 1,047,726 |
| total liabilities | 30,821,000 | 40,133,000 | 50,094,000 | 45,704,000 | 48,730,000 | 18,141,000 | 24,272,000 | 35,343,000 | 46,819,253 | 28,664,286 | 20,663,825 | 19,212,863 | 15,171,176 | 11,057,130 | 9,125,102 |
| net assets | 69,316,000 | 50,639,000 | 36,963,000 | 24,181,000 | 9,923,000 | 1,506,000 | -8,505,000 | -21,695,000 | -24,808,389 | -8,850,317 | 3,279,556 | 8,596,020 | 12,237,771 | 8,671,619 | 6,005,778 |
| total shareholders funds | 69,316,000 | 50,639,000 | 36,963,000 | 24,181,000 | 9,923,000 | 1,506,000 | -8,505,000 | -21,695,000 | -24,808,389 | -8,850,317 | 3,279,556 | 8,596,020 | 12,237,771 | 8,671,619 | 6,005,778 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 26,503,000 | 19,078,000 | 17,686,000 | 18,564,000 | 11,630,000 | 10,709,000 | 13,703,000 | 16,506,000 | -14,949,642 | -11,523,368 | -4,292,606 | -1,449,318 | 3,638,934 | 5,012,947 | 2,893,450 |
| Depreciation | 391,000 | 403,000 | 276,000 | 254,000 | 139,000 | 112,000 | 76,000 | 123,000 | 899,662 | 1,142,876 | 1,042,462 | 803,894 | 268,685 | 207,714 | 153,050 |
| Amortisation | 3,508,000 | 3,508,000 | 3,508,000 | ||||||||||||
| Tax | -2,677,000 | -1,532,000 | -2,263,000 | -2,672,000 | -641,000 | -720,000 | -517,000 | 959,000 | 1,829,802 | -704,341 | -1,079,954 | 1,648,856 | -239,885 | -1,162,262 | -379,220 |
| Stock | |||||||||||||||
| Debtors | 5,839,000 | 6,076,000 | -146,000 | -7,581,000 | 20,125,000 | 4,321,000 | 4,954,000 | -3,579,611 | -1,456,200 | 480,528 | 718,080 | 598,470 | 3,416,465 | 1,697,209 | 7,539,059 |
| Creditors | -479,000 | 453,000 | -384,000 | -114,000 | 400,000 | -30,000 | -288,000 | -97,993 | -405,946 | 164,429 | -156,303 | 270,710 | 521,197 | -72,330 | 505,236 |
| Accruals and Deferred Income | 3,671,000 | -574,000 | -511,000 | 5,982,000 | 1,942,000 | -167,000 | 185,000 | -12,957,090 | -2,583,191 | 7,998,827 | 2,030,902 | 2,794,479 | 3,592,849 | 2,004,358 | 8,619,866 |
| Deferred Taxes & Provisions | -37,000 | -206,000 | 129,000 | 48,000 | -27,000 | -318,000 | 380,000 | -436,842 | 433,030 | 114,812 | |||||
| Cash flow from operations | 25,041,000 | 15,054,000 | 18,587,000 | 29,643,000 | -6,682,000 | 5,265,000 | 8,585,000 | 7,675,686 | -13,320,085 | -3,287,293 | -3,173,579 | 3,470,151 | 4,365,315 | 4,293,218 | 4,253,323 |
| Investing Activities | |||||||||||||||
| capital expenditure | -465,279 | -2,287,578 | -1,301,325 | -170,816 | -108,090 | ||||||||||
| Change in Investments | 26,681,000 | 17,819,000 | -22,000 | 22,000 | |||||||||||
| cash flow from investments | -465,279 | -2,287,578 | -1,301,325 | -170,816 | -108,090 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -12,486,000 | -9,634,000 | 5,156,000 | -8,942,000 | 28,274,000 | -5,616,000 | -11,348,000 | 22,952,914 | 49,086 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -20,713,736 | 20,713,736 | |||||||||||||
| Hire Purchase and Lease Commitments | -223,506 | -51,748 | -277,607 | -423,637 | 976,498 | ||||||||||
| other long term liabilities | 19,000 | ||||||||||||||
| share issue | |||||||||||||||
| interest | -5,149,000 | -3,870,000 | -2,641,000 | -1,634,000 | -2,572,000 | 22,000 | 4,000 | -9,457,000 | -2,907,448 | -29,169 | 106,413 | 174,019 | 153,904 | 73,378 | 33,072 |
| cash flow from financing | -17,616,000 | -13,504,000 | 2,515,000 | -10,576,000 | 25,702,000 | -5,594,000 | -11,344,000 | -10,139,939 | 17,872,842 | -179,771 | -367,541 | 1,135,209 | 167,103 | 65,156 | 4,691,548 |
| cash and cash equivalents | |||||||||||||||
| cash | 7,227,000 | 880,000 | -5,774,000 | 6,190,000 | 1,020,000 | -527,000 | -2,915,000 | -3,439,765 | 4,176,081 | -4,455,395 | -4,014,535 | -1,628,127 | 3,232,596 | 2,937,557 | 7,328,588 |
| overdraft | |||||||||||||||
| change in cash | 7,227,000 | 880,000 | -5,774,000 | 6,190,000 | 1,020,000 | -527,000 | -2,915,000 | -3,439,765 | 4,176,081 | -4,455,395 | -4,014,535 | -1,628,127 | 3,232,596 | 2,937,557 | 7,328,588 |
smartcomms sc limited Credit Report and Business Information
Smartcomms Sc Limited Competitor Analysis
Perform a competitor analysis for smartcomms sc limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in W1W area or any other competitors across 12 key performance metrics.
smartcomms sc limited Ownership
SMARTCOMMS SC LIMITED group structure
Smartcomms Sc Limited has 1 subsidiary company.
Ultimate parent company
2 parents
SMARTCOMMS SC LIMITED
04303041
1 subsidiary
smartcomms sc limited directors
Smartcomms Sc Limited currently has 2 directors. The longest serving directors include Mr Jonathan Stratford (Jun 2018) and Mr James Brown (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Stratford | United Kingdom | 54 years | Jun 2018 | - | Director |
| Mr James Brown | United Kingdom | 54 years | Jun 2018 | - | Director |
P&L
December 2023turnover
27.7m
+10%
operating profit
26.5m
+39%
gross margin
68.3%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
69.3m
+0.37%
total assets
100.1m
+0.1%
cash
10.2m
+2.4%
net assets
Total assets minus all liabilities
Similar Companies
smartcomms sc limited company details
company number
04303041
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
62012 - Business and domestic software development
incorporation date
October 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
thunderhead limited (October 2016)
thunderhead software limited (July 2002)
See moreaccountant
-
auditor
BDO LLP
address
suite 23 lclb, 95 mortimer street, london, W1W 7GB
Bank
HSBC BANK PLC
Legal Advisor
-
smartcomms sc 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 14 charges/mortgages relating to smartcomms sc limited. Currently there are 1 open charges and 13 have been satisfied in the past.
smartcomms sc 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 SMARTCOMMS SC LIMITED. This can take several minutes, an email will notify you when this has completed.
smartcomms sc limited Companies House Filings - See Documents
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