grow i.t. limited Company Information
Company Number
04830242
Next Accounts
Sep 2025
Industry
Computer consultancy activities
Directors
Shareholders
phk ltd
john boyd harvey jamieson
Group Structure
View All
Contact
Registered Address
hatley cottage, kingsingfield road, sevenoaks, TN15 6LH
Website
www.grow.gggrow i.t. limited Estimated Valuation
Pomanda estimates the enterprise value of GROW I.T. LIMITED at £238.5k based on a Turnover of £438.2k and 0.54x industry multiple (adjusted for size and gross margin).
grow i.t. limited Estimated Valuation
Pomanda estimates the enterprise value of GROW I.T. LIMITED at £0 based on an EBITDA of £-14.4k and a 3.78x industry multiple (adjusted for size and gross margin).
grow i.t. limited Estimated Valuation
Pomanda estimates the enterprise value of GROW I.T. LIMITED at £0 based on Net Assets of £-218.3k and 2.29x industry multiple (adjusted for liquidity).
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Grow I.t. Limited Overview
Grow I.t. Limited is a live company located in sevenoaks, TN15 6LH with a Companies House number of 04830242. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2003, it's largest shareholder is phk ltd with a 50% stake. Grow I.t. Limited is a mature, micro sized company, Pomanda has estimated its turnover at £438.2k with high growth in recent years.
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Grow I.t. Limited Health Check
Pomanda's financial health check has awarded Grow I.T. Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £438.2k, make it smaller than the average company (£3.2m)
- Grow I.t. Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.7%)
- Grow I.t. Limited
8.7% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (45.7%)
- Grow I.t. Limited
45.7% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (6.1%)
- Grow I.t. Limited
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
- Grow I.t. Limited
22 - Industry AVG
Pay Structure
on an average salary of £63k, the company has an equivalent pay structure (£63k)
- Grow I.t. Limited
£63k - Industry AVG
Efficiency
resulting in sales per employee of £219.1k, this is more efficient (£139.8k)
- Grow I.t. Limited
£139.8k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (60 days)
- Grow I.t. Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (27 days)
- Grow I.t. Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grow I.t. Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Grow I.t. Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 243.7%, this is a higher level of debt than the average (58.4%)
243.7% - Grow I.t. Limited
58.4% - Industry AVG
GROW I.T. LIMITED financials
Grow I.T. Limited's latest turnover from December 2023 is estimated at £438.2 thousand and the company has net assets of -£218.3 thousand. According to their latest financial statements, we estimate that Grow I.T. Limited has 2 employees and maintains cash reserves of 0 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 | |||||||||||||||
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 | 1 | 1 | 1 | 2 | |||||||||||
EBITDA* |
* 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 | 0 | 0 | 0 | 0 | 0 | 114,283 | 141,030 | 93,317 | 0 | 0 | 0 | 4,306 | 12,453 | 20,600 | 29,339 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 116,646 | 127,106 | 150,448 | 142,888 | 161,537 | 169,459 | 161,122 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 114,283 | 141,030 | 93,317 | 116,646 | 127,106 | 150,448 | 147,194 | 173,990 | 190,059 | 190,461 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,322 | 19,322 | 20,722 | 20,722 | 20,722 | 25,722 | 34,121 |
Trade Debtors | 151,980 | 155,091 | 137,327 | 149,280 | 158,981 | 76,335 | 49,603 | 122,740 | 95,903 | 79,098 | 83,788 | 81,485 | 68,300 | 165,885 | 159,503 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,094 | 6,807 | 30 | 3,146 | 2,280 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 151,980 | 155,091 | 137,327 | 149,280 | 158,981 | 76,335 | 49,603 | 122,740 | 113,319 | 105,227 | 104,540 | 105,353 | 91,302 | 191,607 | 193,624 |
total assets | 151,980 | 155,091 | 137,327 | 149,280 | 158,981 | 190,618 | 190,633 | 216,057 | 229,965 | 232,333 | 254,988 | 252,547 | 265,292 | 381,666 | 384,085 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 83,329 | 63,720 | 45,120 | 54,470 | 57,088 | 52,451 | 48,806 | 59,416 | 44,540 | 23,189 | 6,390 | 6,241 | 13,676 | 118,385 | 92,548 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,208 | 64,424 | 52,985 | 0 | 0 |
total current liabilities | 83,329 | 63,720 | 45,120 | 54,470 | 57,088 | 52,451 | 48,806 | 59,416 | 44,540 | 23,189 | 11,598 | 70,665 | 66,661 | 118,385 | 92,548 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 286,967 | 295,259 | 297,482 | 299,667 | 281,000 | 0 | 281,000 | 245,149 | 245,152 | 281,142 | 283,807 | 232,426 | 200,000 | 200,000 | 200,000 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 286,967 | 295,259 | 297,482 | 299,667 | 281,000 | 281,000 | 281,000 | 245,149 | 245,152 | 281,142 | 283,807 | 232,426 | 200,000 | 200,000 | 200,000 |
total liabilities | 370,296 | 358,979 | 342,602 | 354,137 | 338,088 | 333,451 | 329,806 | 304,565 | 289,692 | 304,331 | 295,405 | 303,091 | 266,661 | 318,385 | 292,548 |
net assets | -218,316 | -203,888 | -205,275 | -204,857 | -179,107 | -142,833 | -139,173 | -88,508 | -59,727 | -71,998 | -40,417 | -50,544 | -1,369 | 63,281 | 91,537 |
total shareholders funds | -218,316 | -203,888 | -205,275 | -204,857 | -179,107 | -142,833 | -139,173 | -88,508 | -59,727 | -71,998 | -40,417 | -50,544 | -1,369 | 63,281 | 91,537 |
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 | |||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,306 | 8,147 | 8,147 | 8,739 | 12,298 | |||
Amortisation | 0 | 0 | 0 | 0 | 0 | 29,160 | 37,776 | 57,036 | 50,576 | 47,384 | 43,438 | 38,260 | |||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,322 | -3,000 | -1,400 | 0 | 0 | -5,000 | -8,399 | 34,121 |
Debtors | -3,111 | 17,764 | -11,953 | -9,701 | 82,646 | 26,732 | -73,137 | 26,837 | 16,805 | -4,690 | 2,303 | 13,185 | -97,585 | 6,382 | 159,503 |
Creditors | 19,609 | 18,600 | -9,350 | -2,618 | 4,637 | 3,645 | -10,610 | 14,876 | 21,351 | 16,799 | 149 | -7,435 | -104,709 | 25,837 | 92,548 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,208 | -59,216 | 11,439 | 52,985 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -8,292 | -2,223 | -2,185 | 18,667 | 281,000 | -281,000 | 35,851 | -3 | -35,990 | -2,665 | 51,381 | 32,426 | 0 | 0 | 200,000 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,094 | -5,713 | 6,777 | -3,116 | 866 | 2,280 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,094 | -5,713 | 6,777 | -3,116 | 866 | 2,280 | 0 | 0 |
grow i.t. limited Credit Report and Business Information
Grow I.t. Limited Competitor Analysis
Perform a competitor analysis for grow i.t. limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TN15 area or any other competitors across 12 key performance metrics.
grow i.t. limited Ownership
GROW I.T. LIMITED group structure
Grow I.T. Limited has 1 subsidiary company.
Ultimate parent company
GROW I.T. LIMITED
04830242
1 subsidiary
grow i.t. limited directors
Grow I.T. Limited currently has 1 director, Mr John Jamieson serving since Jul 2003.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Jamieson | 68 years | Jul 2003 | - | Director |
P&L
December 2023turnover
438.2k
+38%
operating profit
-14.4k
0%
gross margin
24.8%
-7.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-218.3k
+0.07%
total assets
152k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
grow i.t. limited company details
company number
04830242
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
July 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
hatley cottage, kingsingfield road, sevenoaks, TN15 6LH
Bank
-
Legal Advisor
-
grow 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 1 charges/mortgages relating to grow i.t. limited. Currently there are 1 open charges and 0 have been satisfied in the past.
grow 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.
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grow i.t. limited Companies House Filings - See Documents
date | description | view/download |
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