Pomanda estimates the enterprise value of SOLVED IT (UK) LIMITED at £563.2k based on a Turnover of £1.1m and 0.51x industry multiple (adjusted for size and gross margin).
solved it (uk) limitedEstimated Valuation
£246k
Pomanda estimates the enterprise value of SOLVED IT (UK) LIMITED at £246k based on an EBITDA of £70.9k and a 3.47x industry multiple (adjusted for size and gross margin).
solved it (uk) limitedEstimated Valuation
£312.8k
Pomanda estimates the enterprise value of SOLVED IT (UK) LIMITED at £312.8k based on Net Assets of £138.5k and 2.26x industry multiple (adjusted for liquidity).
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Solved It (uk) LimitedOverview
Solved It (uk) Limited is a dissolved company that was located in manchester, M2 3DE with a Companies House number of 04697477. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2003, it's largest shareholder was
collette booth & vincent c. booth
with a 100% stake. The last turnover for Solved It (uk) Limited was estimated at £1.1m.
Pomanda's financial health check has awarded Solved It (Uk) Limited a 3 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 Rating3out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.1m, make it larger than the average company (£149.9k)
£1.1m - Solved It (uk) Limited
£149.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (5.5%)
43% - Solved It (uk) Limited
5.5% - Industry AVG
Production
with a gross margin of 28.5%, this company has a higher cost of product (55.4%)
28.5% - Solved It (uk) Limited
55.4% - Industry AVG
Profitability
an operating margin of 6.4% make it less profitable than the average company (9.9%)
6.4% - Solved It (uk) Limited
9.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - Solved It (uk) Limited
15 - Industry AVG
Pay Structure
on an average salary of £52.6k, the company has an equivalent pay structure (£52.6k)
£52.6k - Solved It (uk) Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £183.9k, this is more efficient (£118.3k)
£183.9k - Solved It (uk) Limited
£118.3k - Industry AVG
Debtor Days
it gets paid by customers after 165 days, this is later than average (74 days)
165 days - Solved It (uk) Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (33 days)
142 days - Solved It (uk) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Solved It (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Solved It (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.1%, this is a higher level of debt than the average (58.6%)
78.1% - Solved It (uk) Limited
58.6% - Industry AVG
SOLVED IT (UK) LIMITED financials
EXPORT
Solved It (Uk) Limited's latest turnover from March 2018 is estimated at £1.1 million and the company has net assets of £138.5 thousand. According to their latest financial statements, we estimate that Solved It (Uk) Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
1,103,168
1,657,814
460,443
375,756
924,867
563,313
664,771
283,788
673,524
Other Income Or Grants
Cost Of Sales
788,281
1,162,475
317,946
261,319
630,250
371,272
438,567
190,177
434,221
Gross Profit
314,888
495,339
142,497
114,437
294,617
192,041
226,205
93,611
239,303
Admin Expenses
243,990
441,941
207,049
49,509
281,587
166,996
218,455
98,455
211,063
Operating Profit
70,898
53,398
-64,552
64,928
13,030
25,045
7,750
-4,844
28,240
Interest Payable
Interest Receivable
101
465
514
250
23
85
62
Pre-Tax Profit
70,898
53,499
-64,087
65,442
13,281
25,068
7,835
-4,782
28,240
Tax
-13,471
-10,700
-13,743
-3,055
-6,016
-2,037
-7,907
Profit After Tax
57,427
42,799
-64,087
51,699
10,226
19,052
5,798
-4,782
20,333
Dividends Paid
Retained Profit
57,427
42,799
-64,087
51,699
10,226
19,052
5,798
-4,782
20,333
Employee Costs
315,492
497,567
172,551
115,303
223,271
162,198
215,392
104,080
213,679
Number Of Employees
6
9
3
2
4
3
4
2
4
EBITDA*
70,898
53,398
-31,231
101,019
50,271
53,679
33,115
7,351
40,889
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
123,170
34,614
56,382
86,928
99,563
111,047
99,072
74,303
45,620
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
123,170
34,614
56,382
86,928
99,563
111,047
99,072
74,303
45,620
Stock & work in progress
87,980
10,680
81,920
3,750
Trade Debtors
499,609
599,956
113,028
88,920
223,612
150,805
167,758
71,832
171,940
Group Debtors
Misc Debtors
102,708
23,469
Cash
80,837
105,357
100,162
9,194
24,971
misc current assets
8,868
4,046
total current assets
508,477
599,956
281,845
307,665
429,163
158,601
176,952
96,803
171,940
total assets
631,647
634,570
338,227
394,593
528,726
269,648
276,024
171,106
217,560
Bank overdraft
Bank loan
Trade Creditors
308,021
342,450
255,377
225,546
386,943
186,523
206,821
104,254
188,101
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
308,021
342,450
255,377
225,546
386,943
186,523
206,821
104,254
188,101
loans
hp & lease commitments
Accruals and Deferred Income
23,276
3,000
3,290
other liabilities
138,482
201,505
33,333
49,333
71,242
17,223
28,038
36,618
provisions
23,403
6,577
11,276
17,386
19,912
22,209
19,814
14,681
9,124
total long term liabilities
185,161
211,082
44,609
66,719
91,154
42,722
47,852
51,299
9,124
total liabilities
493,182
553,532
299,986
292,265
478,097
229,245
254,673
155,553
197,225
net assets
138,465
81,038
38,241
102,328
50,629
40,403
21,351
15,553
20,335
total shareholders funds
138,465
81,038
38,241
102,328
50,629
40,403
21,351
15,553
20,335
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
70,898
53,398
-64,552
64,928
13,030
25,045
7,750
-4,844
28,240
Depreciation
33,321
36,091
37,241
28,634
25,365
12,195
12,649
Amortisation
Tax
-13,471
-10,700
-13,743
-3,055
-6,016
-2,037
-7,907
Stock
-87,980
77,300
-71,240
78,170
3,750
Debtors
-100,347
486,928
-78,600
-55,453
96,276
-16,953
95,926
-100,108
171,940
Creditors
-34,429
87,073
29,831
-161,397
200,420
-20,298
102,567
-83,847
188,101
Accruals and Deferred Income
20,276
3,000
-3,290
3,290
Deferred Taxes & Provisions
16,826
-4,699
-6,110
-2,526
-2,297
2,395
5,133
5,557
9,124
Cash flow from operations
160,447
-270,876
-6,210
50,046
67,603
46,253
42,852
29,169
58,267
Investing Activities
capital expenditure
-88,556
21,768
-2,775
-23,456
-25,757
-40,609
-50,134
-40,878
-58,269
Change in Investments
cash flow from investments
-88,556
21,768
-2,775
-23,456
-25,757
-40,609
-50,134
-40,878
-58,269
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-63,023
168,172
-16,000
-21,909
54,019
-10,815
-8,580
36,618
share issue
-2
2
interest
101
465
514
250
23
85
62
cash flow from financing
-63,023
168,271
-15,535
-21,395
54,269
-10,792
-8,495
36,680
2
cash and cash equivalents
cash
-80,837
-24,520
5,195
100,162
-9,194
-15,777
24,971
overdraft
change in cash
-80,837
-24,520
5,195
100,162
-9,194
-15,777
24,971
solved it (uk) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for solved it (uk) limited. Get real-time insights into solved it (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for solved it (uk) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
solved it (uk) limited Ownership
SOLVED IT (UK) LIMITED group structure
Solved It (Uk) Limited has no subsidiary companies.
Ultimate parent company
SOLVED IT (UK) LIMITED
04697477
SOLVED IT (UK) LIMITED Shareholders
The sole shareholder of Solved It (Uk) Limited is Collette Booth & Vincent C. Booth.
collette booth & vincent c. booth
100%
solved it (uk) limited directors
Solved It (Uk) Limited currently has 2 directors.
The longest serving directors include
Mr Vincent Booth (Apr 2003) and
Mrs Collette Booth (Oct 2011).
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 solved it (uk) limited. Currently there are 1 open charges and 1 have been satisfied in the past.
solved it (uk) 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 SOLVED IT (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
solved it (uk) limitedCompanies House Filings - See Documents
