teamwork technology services limited
teamwork technology services limited Company Information
Company Number
04678027
Next Accounts
Mar 2026
Directors
Shareholders
richard bryn williams
keith stock
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
8 well street, porthcawl, CF36 3BE
Website
www.teamworkict.comteamwork technology services limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMWORK TECHNOLOGY SERVICES LIMITED at £257.5k based on a Turnover of £357k and 0.72x industry multiple (adjusted for size and gross margin).
teamwork technology services limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMWORK TECHNOLOGY SERVICES LIMITED at £0 based on an EBITDA of £-23.4k and a 4.91x industry multiple (adjusted for size and gross margin).
teamwork technology services limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMWORK TECHNOLOGY SERVICES LIMITED at £35.2k based on Net Assets of £15.6k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Teamwork Technology Services Limited Overview
Teamwork Technology Services Limited is a live company located in porthcawl, CF36 3BE with a Companies House number of 04678027. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2003, it's largest shareholder is richard bryn williams with a 90% stake. Teamwork Technology Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £357k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Teamwork Technology Services Limited Health Check
Pomanda's financial health check has awarded Teamwork Technology Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £357k, make it smaller than the average company (£7.6m)
- Teamwork Technology Services Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (9.2%)
- Teamwork Technology Services Limited
9.2% - Industry AVG
Production
with a gross margin of 49.9%, this company has a comparable cost of product (49.9%)
- Teamwork Technology Services Limited
49.9% - Industry AVG
Profitability
an operating margin of -6.6% make it less profitable than the average company (4%)
- Teamwork Technology Services Limited
4% - Industry AVG
Employees
with 2 employees, this is below the industry average (44)
2 - Teamwork Technology Services Limited
44 - Industry AVG
Pay Structure
on an average salary of £73.5k, the company has an equivalent pay structure (£73.5k)
- Teamwork Technology Services Limited
£73.5k - Industry AVG
Efficiency
resulting in sales per employee of £178.5k, this is equally as efficient (£178.5k)
- Teamwork Technology Services Limited
£178.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Teamwork Technology Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Teamwork Technology Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Teamwork Technology Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 278 weeks, this is more cash available to meet short term requirements (13 weeks)
278 weeks - Teamwork Technology Services Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.7%, this is a lower level of debt than the average (62.8%)
17.7% - Teamwork Technology Services Limited
62.8% - Industry AVG
TEAMWORK TECHNOLOGY SERVICES LIMITED financials
Teamwork Technology Services Limited's latest turnover from June 2024 is estimated at £357 thousand and the company has net assets of £15.6 thousand. According to their latest financial statements, Teamwork Technology Services Limited has 2 employees and maintains cash reserves of £18 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,200 | 4,000 | 4,000 | 847 | 2,142 | 6,559 | 9,602 | ||||||||
| Intangible Assets | 1 | 1 | 800 | 1,600 | 2,400 | ||||||||||
| Investments & Other | 100 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1 | 1 | 800 | 1,600 | 2,400 | 3,200 | 4,000 | 4,000 | 847 | 2,142 | 6,659 | 9,602 | |||
| Stock & work in progress | 900 | ||||||||||||||
| Trade Debtors | 11,742 | 9,294 | 4,320 | 28,058 | 10,010 | 19,914 | 8,002 | 8,791 | 28,653 | 12,758 | 12,856 | 30,995 | 40,309 | ||
| Group Debtors | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 17,990 | 48,119 | 29,516 | 31,629 | 20,398 | 2,901 | 15,769 | 48,445 | 17,674 | ||||||
| misc current assets | 25 | ||||||||||||||
| total current assets | 18,990 | 60,861 | 39,810 | 36,949 | 22,298 | 28,058 | 10,010 | 19,939 | 10,903 | 24,560 | 77,098 | 30,432 | 12,856 | 30,995 | 40,309 |
| total assets | 18,991 | 60,862 | 40,610 | 38,549 | 24,698 | 31,258 | 14,010 | 23,939 | 10,903 | 24,560 | 77,098 | 31,279 | 14,998 | 37,654 | 49,911 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,295 | 5,656 | 15,149 | 15,141 | 23,206 | 44,033 | 48,926 | 70,311 | 91,726 | 102,719 | |||||
| Group/Directors Accounts | 500 | 500 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,359 | 13,541 | 7,777 | 6,464 | 4,140 | ||||||||||
| total current liabilities | 3,359 | 13,541 | 7,777 | 6,964 | 4,640 | 6,295 | 5,656 | 15,149 | 15,141 | 23,206 | 44,033 | 48,926 | 70,311 | 91,726 | 102,719 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 505 | ||||||||||||||
| other liabilities | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |||||||
| provisions | 1,347 | ||||||||||||||
| total long term liabilities | 505 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 26,347 | ||||||
| total liabilities | 3,359 | 13,541 | 7,777 | 6,964 | 4,640 | 6,800 | 30,656 | 40,149 | 40,141 | 48,206 | 69,033 | 73,926 | 95,311 | 118,073 | 102,719 |
| net assets | 15,632 | 47,321 | 32,833 | 31,585 | 20,058 | 24,458 | -16,646 | -16,210 | -29,238 | -23,646 | 8,065 | -42,647 | -80,313 | -80,419 | -52,808 |
| total shareholders funds | 15,632 | 47,321 | 32,833 | 31,585 | 20,058 | 24,458 | -16,646 | -16,210 | -29,238 | -23,646 | 8,065 | -42,647 | -80,313 | -80,419 | -52,808 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,295 | 3,071 | 3,182 | 4,376 | |||||||||||
| Amortisation | 799 | 800 | 800 | ||||||||||||
| Tax | |||||||||||||||
| Stock | -900 | 900 | |||||||||||||
| Debtors | -11,742 | 2,448 | 4,974 | 4,320 | -27,058 | 18,048 | -9,904 | 11,912 | -789 | -19,862 | 15,895 | -98 | 12,856 | -9,314 | 40,309 |
| Creditors | -6,295 | 639 | -9,493 | 8 | -8,065 | -20,827 | -4,893 | -21,385 | 70,311 | -10,993 | 102,719 | ||||
| Accruals and Deferred Income | -10,182 | 5,764 | 1,313 | 2,324 | 3,635 | 505 | |||||||||
| Deferred Taxes & Provisions | 1,347 | ||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 100 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -500 | 500 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -25,000 | 25,000 | 25,000 | ||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -30,129 | 18,603 | -2,113 | 11,231 | 20,398 | -2,901 | -12,868 | -32,676 | 30,771 | 17,674 | |||||
| overdraft | |||||||||||||||
| change in cash | -30,129 | 18,603 | -2,113 | 11,231 | 20,398 | -2,901 | -12,868 | -32,676 | 30,771 | 17,674 |
teamwork technology services limited Credit Report and Business Information
Teamwork Technology Services Limited Competitor Analysis
Perform a competitor analysis for teamwork technology services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CF36 area or any other competitors across 12 key performance metrics.
teamwork technology services limited Ownership
TEAMWORK TECHNOLOGY SERVICES LIMITED group structure
Teamwork Technology Services Limited has no subsidiary companies.
Ultimate parent company
TEAMWORK TECHNOLOGY SERVICES LIMITED
04678027
teamwork technology services limited directors
Teamwork Technology Services Limited currently has 1 director, Mr Richard Williams serving since Mar 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Williams | 71 years | Mar 2003 | - | Director |
P&L
June 2024turnover
357k
+91%
operating profit
-23.4k
0%
gross margin
50%
-0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
15.6k
-0.67%
total assets
19k
-0.69%
cash
18k
-0.63%
net assets
Total assets minus all liabilities
Similar Companies
teamwork technology services limited company details
company number
04678027
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
miracle teamwork limited (January 2004)
mc280 limited (July 2003)
accountant
TUNGSTEN CORPORATE SOLUTION LTD
auditor
-
address
8 well street, porthcawl, CF36 3BE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
teamwork technology services 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 1 charges/mortgages relating to teamwork technology services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
teamwork technology services 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 TEAMWORK TECHNOLOGY SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
teamwork technology services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
