mojo i.t. limited

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mojo i.t. limited Company Information

Share MOJO I.T. LIMITED

Company Number

04661395

Shareholders

mr oliver pasinios

matthew jones-parry

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

19 finns business park, bowenhurst lane, farnham, surrey, GU10 5RX

mojo i.t. limited Estimated Valuation

£231.8k

Pomanda estimates the enterprise value of MOJO I.T. LIMITED at £231.8k based on a Turnover of £325.2k and 0.71x industry multiple (adjusted for size and gross margin).

mojo i.t. limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MOJO I.T. LIMITED at £0 based on an EBITDA of £-18.6k and a 4.95x industry multiple (adjusted for size and gross margin).

mojo i.t. limited Estimated Valuation

£424.1k

Pomanda estimates the enterprise value of MOJO I.T. LIMITED at £424.1k based on Net Assets of £185.5k and 2.29x industry multiple (adjusted for liquidity).

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Mojo I.t. Limited Overview

Mojo I.t. Limited is a live company located in farnham, GU10 5RX with a Companies House number of 04661395. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2003, it's largest shareholder is mr oliver pasinios with a 50% stake. Mojo I.t. Limited is a mature, micro sized company, Pomanda has estimated its turnover at £325.2k with declining growth in recent years.

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Mojo I.t. Limited Health Check

Pomanda's financial health check has awarded Mojo I.T. Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £325.2k, make it smaller than the average company (£1.3m)

£325.2k - Mojo I.t. Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (9.4%)

-3% - Mojo I.t. Limited

9.4% - Industry AVG

production

Production

with a gross margin of 45.8%, this company has a comparable cost of product (45.8%)

45.8% - Mojo I.t. Limited

45.8% - Industry AVG

profitability

Profitability

an operating margin of -5.8% make it less profitable than the average company (6.3%)

-5.8% - Mojo I.t. Limited

6.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (12)

2 - Mojo I.t. Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £58.6k, the company has an equivalent pay structure (£58.6k)

£58.6k - Mojo I.t. Limited

£58.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £162.6k, this is more efficient (£129.9k)

£162.6k - Mojo I.t. Limited

£129.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is near the average (61 days)

72 days - Mojo I.t. Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 59 days, this is slower than average (27 days)

59 days - Mojo I.t. Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 84 days, this is more than average (10 days)

84 days - Mojo I.t. Limited

10 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (18 weeks)

38 weeks - Mojo I.t. Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48%, this is a lower level of debt than the average (55.2%)

48% - Mojo I.t. Limited

55.2% - Industry AVG

MOJO I.T. LIMITED financials

EXPORTms excel logo

Mojo I.T. Limited's latest turnover from February 2024 is estimated at £325.2 thousand and the company has net assets of £185.5 thousand. According to their latest financial statements, Mojo I.T. Limited has 2 employees and maintains cash reserves of £125.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover325,195260,289506,374361,703443,673477,156759,5821,289,639895,902905,4841,463,674853,8841,055,632798,142902,597
Other Income Or Grants000000000000000
Cost Of Sales176,121132,990269,883175,047205,515218,539311,351521,509350,161339,146535,234291,927402,362301,229325,813
Gross Profit149,074127,299236,491186,656238,158258,617448,231768,130545,741566,338928,440561,957653,270496,913576,785
Admin Expenses167,908133,743249,548242,285281,066260,600536,935816,385528,329498,914866,733536,517594,014505,401196,084
Operating Profit-18,834-6,444-13,057-55,629-42,908-1,983-88,704-48,25517,41267,42461,70725,44059,256-8,488380,701
Interest Payable000000033000000
Interest Receivable6,1023,5013631041,0691,4288223631,010767641812756671314
Pre-Tax Profit-12,732-2,943-12,694-55,525-41,839-555-87,882-47,89518,41968,19162,34826,25360,012-7,817381,015
Tax00000000-3,684-14,320-14,340-6,301-15,6030-106,684
Profit After Tax-12,732-2,943-12,694-55,525-41,839-555-87,882-47,89514,73553,87148,00819,95244,409-7,817274,331
Dividends Paid000000000000000
Retained Profit-12,732-2,943-12,694-55,525-41,839-555-87,882-47,89514,73553,87148,00819,95244,409-7,817274,331
Employee Costs117,210112,873104,54996,61496,855163,620154,877169,932407,704409,404670,475381,840486,282363,833437,650
Number Of Employees2222233377127978
EBITDA*-18,624-6,233-13,057-55,629-42,785-1,708-88,429-47,98017,63467,53561,88325,57762,0433,271392,682

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets125,432125,642125,012125,012125,012125,135125,410125,685125,462125,084125,195125,371125,219130,471141,860
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets125,432125,642125,012125,012125,012125,135125,410125,685125,462125,084125,195125,371125,219130,471141,860
Stock & work in progress40,53379,38939,44326,42954,48082,83971,59466,575104,34191,39794,68653,26272,89372,49553,293
Trade Debtors64,56347,807134,78798,902115,882103,236185,597337,669161,008145,906228,583130,669151,662114,153132,014
Group Debtors000000000000000
Misc Debtors7937461,3081,1981,1711,1021,0111,5181,079000000
Cash125,400107,05667,97877,319130,885154,190226,491102,198188,454215,61891,270165,326159,628142,693125,795
misc current assets000000000000000
total current assets231,289234,998243,516203,848302,418341,367484,693507,960454,882452,921414,539349,257384,183329,341311,102
total assets356,721360,640368,528328,860427,430466,502610,103633,645580,344578,005539,734474,628509,402459,812452,962
Bank overdraft00000000106000000
Bank loan000000000000000
Trade Creditors 28,87028,31838,00718,98551,17160,690206,504114,87240,038145,151160,751143,653198,379193,198178,531
Group/Directors Accounts000000001,651000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities142,327134,066129,32295,982106,84194,55591,787119,07990,960000000
total current liabilities171,197162,384167,329114,967158,012155,245298,291233,951132,755145,151160,751143,653198,379193,198178,531
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities171,197162,384167,329114,967158,012155,245298,291233,951132,755145,151160,751143,653198,379193,198178,531
net assets185,524198,256201,199213,893269,418311,257311,812399,694447,589432,854378,983330,975311,023266,614274,431
total shareholders funds185,524198,256201,199213,893269,418311,257311,812399,694447,589432,854378,983330,975311,023266,614274,431
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-18,834-6,444-13,057-55,629-42,908-1,983-88,704-48,25517,41267,42461,70725,44059,256-8,488380,701
Depreciation210211001232752752752221111761372,78711,75911,981
Amortisation000000000000000
Tax00000000-3,684-14,320-14,340-6,301-15,6030-106,684
Stock-38,85639,94613,014-28,051-28,35911,2455,019-37,76612,944-3,28941,424-19,63139819,20253,293
Debtors16,803-87,54235,995-16,95312,715-82,270-152,579177,10016,181-82,67797,914-20,99337,509-17,861132,014
Creditors552-9,68919,022-32,186-9,519-145,81491,63274,834-105,113-15,60017,098-54,7265,18114,667178,531
Accruals and Deferred Income8,2614,74433,340-10,85912,2862,768-27,29228,11990,960000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations12,24236,418-9,704-53,670-24,374-73,729123,471-84,361-29,328123,581-74,6975,17413,71416,597279,222
Investing Activities
capital expenditure0-84100000-498-60000-2892,465-370-153,841
Change in Investments000000000000000
cash flow from investments0-84100000-498-60000-2892,465-370-153,841
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000000-1,6511,651000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000100
interest6,1023,5013631041,0691,4288223601,007767641812756671314
cash flow from financing6,1023,5013631041,0691,428822-1,2912,658767641812756671414
cash and cash equivalents
cash18,34439,078-9,341-53,566-23,305-72,301124,293-86,256-27,164124,348-74,0565,69816,93516,898125,795
overdraft0000000-106106000000
change in cash18,34439,078-9,341-53,566-23,305-72,301124,293-86,150-27,270124,348-74,0565,69816,93516,898125,795

mojo i.t. 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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Mojo I.t. Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mojo i.t. limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in GU10 area or any other competitors across 12 key performance metrics.

mojo i.t. limited Ownership

MOJO I.T. LIMITED group structure

Mojo I.T. Limited has no subsidiary companies.

Ultimate parent company

MOJO I.T. LIMITED

04661395

MOJO I.T. LIMITED Shareholders

mr oliver pasinios 50%
matthew jones-parry 50%

mojo i.t. limited directors

Mojo I.T. Limited currently has 2 directors. The longest serving directors include Mr Oliver Pasinios (Feb 2003) and Mr Matthew Jones Parry (Jan 2005).

officercountryagestartendrole
Mr Oliver PasiniosEngland46 years Feb 2003- Director
Mr Matthew Jones ParryEngland50 years Jan 2005- Director

P&L

February 2024

turnover

325.2k

+25%

operating profit

-18.8k

0%

gross margin

45.9%

-6.27%

turnover

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

Balance Sheet

February 2024

net assets

185.5k

-0.06%

total assets

356.7k

-0.01%

cash

125.4k

+0.17%

net assets

Total assets minus all liabilities

mojo i.t. limited company details

company number

04661395

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

February 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

GODDARD & CO

auditor

-

address

19 finns business park, bowenhurst lane, farnham, surrey, GU10 5RX

Bank

-

Legal Advisor

-

mojo i.t. 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 2 charges/mortgages relating to mojo i.t. limited. Currently there are 0 open charges and 2 have been satisfied in the past.

mojo i.t. 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 MOJO I.T. LIMITED. This can take several minutes, an email will notify you when this has completed.

mojo i.t. limited Companies House Filings - See Documents

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