inside i.t. solutions limited

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inside i.t. solutions limited Company Information

Share INSIDE I.T. SOLUTIONS LIMITED

Company Number

04461868

Shareholders

prism business developments limited

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

focus house ham road, shoreham-by-sea, BN43 6PA

inside i.t. solutions limited Estimated Valuation

£572.7k

Pomanda estimates the enterprise value of INSIDE I.T. SOLUTIONS LIMITED at £572.7k based on a Turnover of £840.9k and 0.68x industry multiple (adjusted for size and gross margin).

inside i.t. solutions limited Estimated Valuation

£530.6k

Pomanda estimates the enterprise value of INSIDE I.T. SOLUTIONS LIMITED at £530.6k based on an EBITDA of £110.5k and a 4.8x industry multiple (adjusted for size and gross margin).

inside i.t. solutions limited Estimated Valuation

£524k

Pomanda estimates the enterprise value of INSIDE I.T. SOLUTIONS LIMITED at £524k based on Net Assets of £229.2k and 2.29x industry multiple (adjusted for liquidity).

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Inside I.t. Solutions Limited Overview

Inside I.t. Solutions Limited is a live company located in shoreham-by-sea, BN43 6PA with a Companies House number of 04461868. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2002, it's largest shareholder is prism business developments limited with a 100% stake. Inside I.t. Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £840.9k with healthy growth in recent years.

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Inside I.t. Solutions Limited Health Check

Pomanda's financial health check has awarded Inside I.T. Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £840.9k, make it smaller than the average company (£1.3m)

£840.9k - Inside I.t. Solutions Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (10.3%)

13% - Inside I.t. Solutions Limited

10.3% - Industry AVG

production

Production

with a gross margin of 46.1%, this company has a comparable cost of product (46.1%)

46.1% - Inside I.t. Solutions Limited

46.1% - Industry AVG

profitability

Profitability

an operating margin of 13.1% make it more profitable than the average company (5.7%)

13.1% - Inside I.t. Solutions Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (10)

2 - Inside I.t. Solutions Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.1k, the company has an equivalent pay structure (£60.1k)

£60.1k - Inside I.t. Solutions Limited

£60.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £420.5k, this is more efficient (£128.8k)

£420.5k - Inside I.t. Solutions Limited

£128.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 91 days, this is later than average (60 days)

91 days - Inside I.t. Solutions Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 76 days, this is slower than average (27 days)

76 days - Inside I.t. Solutions Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (9 days)

2 days - Inside I.t. Solutions Limited

9 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 60 weeks, this is more cash available to meet short term requirements (17 weeks)

60 weeks - Inside I.t. Solutions Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.4%, this is a lower level of debt than the average (56.7%)

29.4% - Inside I.t. Solutions Limited

56.7% - Industry AVG

INSIDE I.T. SOLUTIONS LIMITED financials

EXPORTms excel logo

Inside I.T. Solutions Limited's latest turnover from May 2024 is estimated at £840.9 thousand and the company has net assets of £229.2 thousand. According to their latest financial statements, Inside I.T. Solutions Limited has 2 employees and maintains cash reserves of £110 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover840,901453,740619,434578,0881,209,037843,577721,8971,518,2501,560,0961,848,020622,434590,670435,276497,017549,598
Other Income Or Grants
Cost Of Sales453,570230,721322,925296,919572,367391,883319,011630,544637,829755,960236,431217,377152,487188,851203,083
Gross Profit387,331223,019296,509281,169636,670451,694402,887887,707922,2681,092,060386,003373,293282,788308,166346,515
Admin Expenses277,051621,220331,914307,069524,533378,166332,467907,799844,554999,767341,204354,311254,396243,084379,569-253,560
Operating Profit110,280-398,201-35,405-25,900112,13773,52870,420-20,09277,71492,29344,79918,98228,39265,082-33,054253,560
Interest Payable
Interest Receivable5,1113,3142,87897301577543464420391168
Pre-Tax Profit115,391-394,887-32,527-25,803112,13773,52870,420-20,09277,71492,59445,37619,52528,85765,503-32,663253,728
Tax-28,848-21,306-13,970-13,380-15,543-18,519-9,529-4,491-6,926-17,031-71,044
Profit After Tax86,543-394,887-32,527-25,80390,83159,55857,040-20,09262,17174,07535,84715,03421,93148,472-32,663182,684
Dividends Paid
Retained Profit86,543-394,887-32,527-25,80390,83159,55857,040-20,09262,17174,07535,84715,03421,93148,472-32,663182,684
Employee Costs120,120226,674264,045244,319232,723257,779329,077311,511289,195802,712286,524271,577216,841211,916258,672
Number Of Employees2455556651455445
EBITDA*110,506-398,170-35,099-25,900112,13773,52870,420-20,09277,71492,29345,04619,31228,63865,268-32,806326,673

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets676902380,933372,354372,764373,311372,4371,759112,344110,559110,744110,991110,739110,558110,744110,992
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets676902380,933372,354372,764373,311372,4371,759112,344110,559110,744110,991110,739110,558110,744110,992
Stock & work in progress2,6561,7281,1599,19422,4406,00311,85645614,2235,894
Trade Debtors211,32493,673141,412134,899344,398219,358159,784465,749374,226333,080103,97293,50466,64976,24179,71061,782
Group Debtors
Misc Debtors5,079
Cash109,95884,73362,534193,321120,380110,261106,96978,79989,30567,152
misc current assets
total current assets323,938180,134205,105342,493344,398219,358159,784465,749374,226333,080246,792209,768185,474155,496183,238134,828
total assets324,614181,036586,038714,847717,162592,669532,221467,508486,570443,639357,536320,759296,213266,054293,982245,820
Bank overdraft
Bank loan
Trade Creditors 95,22938,19446,61534,676122,27488,61287,72280,04979,01998,25985,08284,10375,52067,361143,73362,889
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities110,086
total current liabilities95,22938,19446,615144,762122,27488,61287,72280,04979,01998,25985,08284,10375,52067,361143,73362,889
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1711711,865149198692847
total long term liabilities1711711,865149198692847
total liabilities95,40038,36548,480144,762122,27488,61287,72280,04979,01998,25985,23184,30175,58967,361143,76162,936
net assets229,214142,671537,558570,085594,888504,057444,499387,459407,551345,380272,305236,458220,624198,693150,221182,884
total shareholders funds229,214142,671537,558570,085594,888504,057444,499387,459407,551345,380272,305236,458220,624198,693150,221182,884
May 2024May 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit110,280-398,201-35,405-25,900112,13773,52870,420-20,09277,71492,29344,79918,98228,39265,082-33,054253,560
Depreciation226313062473302461862484,713
Amortisation68,400
Tax-28,848-21,306-13,970-13,380-15,543-18,519-9,529-4,491-6,926-17,031-71,044
Stock928569-8,0359,194-22,44016,437-5,85311,400-13,7678,3295,894
Debtors117,651-47,7391,434-204,420125,04059,574-305,96591,52341,146229,10810,46826,855-9,592-3,46917,92861,782
Creditors57,035-8,42111,939-87,59833,6628907,6731,030-19,24013,1779798,5838,159-76,37280,84462,889
Accruals and Deferred Income-110,086110,086
Deferred Taxes & Provisions-1,6941,865-149-4912969-28-1947
Cash flow from operations20,114-361,115-124,780191,814-547874370,678-110,5851,785-119,8669,5422,53128,132-10,92721,762250,889
Investing Activities
capital expenditure380,000-8,885410547-874-370,678110,585-1,785185-582-427-184,105
Change in Investments
cash flow from investments380,000-8,885410547-874-370,678110,585-1,785185-582-427-184,105
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,000-1,000800200
interest5,1113,3142,87897301577543464420391168
cash flow from financing5,1113,3142,8781,097-6995771,343464420391368
cash and cash equivalents
cash25,22522,199-130,787193,321-120,38010,1193,29228,170-10,50622,15367,152
overdraft
change in cash25,22522,199-130,787193,321-120,38010,1193,29228,170-10,50622,15367,152

inside i.t. solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Inside I.t. Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for inside i.t. solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BN43 area or any other competitors across 12 key performance metrics.

inside i.t. solutions limited Ownership

INSIDE I.T. SOLUTIONS LIMITED group structure

Inside I.T. Solutions Limited has 1 subsidiary company.

Ultimate parent company

SHOREHAM TOPCO LIMITED

#0116974

2 parents

INSIDE I.T. SOLUTIONS LIMITED

04461868

1 subsidiary

INSIDE I.T. SOLUTIONS LIMITED Shareholders

prism business developments limited 100%

inside i.t. solutions limited directors

Inside I.T. Solutions Limited currently has 6 directors. The longest serving directors include Mr Richard Alexander (Nov 2022) and Mr Tom Jones (Oct 2024).

officercountryagestartendrole
Mr Richard AlexanderEngland44 years Nov 2022- Director
Mr Tom JonesEngland37 years Oct 2024- Director
Mrs Charlene FriendEngland40 years Oct 2024- Director
Mr Matthew HalfordEngland51 years Oct 2024- Director
Mrs Victoria RishbethEngland42 years Oct 2024- Director
Mr Rhys BaileyEngland34 years Oct 2024- Director

P&L

May 2024

turnover

840.9k

+85%

operating profit

110.3k

0%

gross margin

46.1%

-6.29%

turnover

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

Balance Sheet

May 2024

net assets

229.2k

+0.61%

total assets

324.6k

+0.79%

cash

110k

+0.3%

net assets

Total assets minus all liabilities

inside i.t. solutions limited company details

company number

04461868

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

June 2002

age

23

incorporated

UK

ultimate parent company

SHOREHAM TOPCO LIMITED

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

dealer systems ltd (April 2015)

accountant

-

auditor

-

address

focus house ham road, shoreham-by-sea, BN43 6PA

Bank

HSBC BANK PLC

Legal Advisor

-

inside i.t. 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 3 charges/mortgages relating to inside i.t. solutions limited. Currently there are 0 open charges and 3 have been satisfied in the past.

inside i.t. solutions 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 INSIDE I.T. SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.

inside i.t. solutions limited Companies House Filings - See Documents

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