assima uk limited
assima uk limited Company Information
Company Number
04912220
Next Accounts
1487 days late
Industry
Computer consultancy activities
Directors
Shareholders
partner one acquisitions inc
Group Structure
View All
Contact
Registered Address
c/o cowgill holloway business re, fourth floor unit 5b, bolton, BL6 4SD
Website
www.assima.netassima uk limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIMA UK LIMITED at £2.4m based on a Turnover of £4.1m and 0.58x industry multiple (adjusted for size and gross margin).
assima uk limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIMA UK LIMITED at £0 based on an EBITDA of £-936.2k and a 4.03x industry multiple (adjusted for size and gross margin).
assima uk limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIMA UK LIMITED at £0 based on Net Assets of £-1.3m and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Assima Uk Limited Overview
Assima Uk Limited is a live company located in bolton, BL6 4SD with a Companies House number of 04912220. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in September 2003, it's largest shareholder is partner one acquisitions inc with a 100% stake. Assima Uk Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.1m with healthy growth in recent years.
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Assima Uk Limited Health Check
Pomanda's financial health check has awarded Assima Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £4.1m, make it larger than the average company (£287.2k)
£4.1m - Assima Uk Limited
£287.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.8%)
6% - Assima Uk Limited
5.8% - Industry AVG
Production
with a gross margin of 23.2%, this company has a higher cost of product (51.5%)
23.2% - Assima Uk Limited
51.5% - Industry AVG
Profitability
an operating margin of -22.7% make it less profitable than the average company (7.8%)
-22.7% - Assima Uk Limited
7.8% - Industry AVG
Employees
with 32 employees, this is above the industry average (23)
32 - Assima Uk Limited
23 - Industry AVG
Pay Structure
on an average salary of £69.8k, the company has an equivalent pay structure (£58.8k)
£69.8k - Assima Uk Limited
£58.8k - Industry AVG
Efficiency
resulting in sales per employee of £129.1k, this is equally as efficient (£129k)
£129.1k - Assima Uk Limited
£129k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (69 days)
84 days - Assima Uk Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (29 days)
28 days - Assima Uk Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Assima Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)
0 weeks - Assima Uk Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.9%, this is a higher level of debt than the average (59.5%)
141.9% - Assima Uk Limited
59.5% - Industry AVG
ASSIMA UK LIMITED financials
Assima Uk Limited's latest turnover from December 2018 is £4.1 million and the company has net assets of -£1.3 million. According to their latest financial statements, Assima Uk Limited has 32 employees and maintains cash reserves of £74.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,132,716 | 3,861,495 | 3,249,379 | 3,456,818 | 3,657,121 | 5,067,772 | 5,331,541 | 4,379,842 | 3,494,045 | 4,401,273 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,173,071 | 3,079,323 | 2,501,059 | 2,526,670 | 2,650,277 | 3,502,298 | 4,073,068 | 3,201,572 | 2,798,063 | 3,536,087 |
| Gross Profit | 959,645 | 782,172 | 748,320 | 930,148 | 1,006,844 | 1,565,474 | 1,258,473 | 1,178,270 | 695,982 | 865,186 |
| Admin Expenses | 1,896,901 | 957,688 | 1,120,041 | 1,124,552 | 1,284,671 | 1,616,518 | 1,503,275 | 933,718 | 820,779 | 973,791 |
| Operating Profit | -937,256 | -175,516 | -371,721 | -194,404 | -277,827 | -51,044 | -244,802 | 244,552 | -124,797 | -108,605 |
| Interest Payable | 32,459 | 32,989 | 32,116 | 28,116 | 25,963 | 27,958 | 24,065 | 0 | 569 | 0 |
| Interest Receivable | 0 | 0 | 29 | 507 | 0 | 279 | 349 | 344 | 0 | 0 |
| Pre-Tax Profit | -969,715 | -208,505 | -403,808 | -222,013 | -303,790 | -78,723 | 92,569 | 244,896 | -125,366 | -108,605 |
| Tax | 0 | 42,606 | 139,239 | 45,320 | 49,851 | 65,991 | -79,974 | -65,954 | -4,441 | 17,914 |
| Profit After Tax | -969,715 | -165,899 | -264,569 | -176,693 | -253,939 | -12,732 | 12,595 | 178,942 | -129,807 | -90,691 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -969,715 | -165,899 | -264,569 | -176,693 | -253,939 | -12,732 | 12,595 | 178,942 | -129,807 | -90,691 |
| Employee Costs | 2,234,002 | 2,248,483 | 1,946,193 | 2,088,748 | 2,105,136 | 2,588,813 | 2,080,986 | 2,067,530 | 2,627,396 | 2,925,778 |
| Number Of Employees | 32 | 35 | 35 | 33 | 35 | 42 | 34 | 34 | 52 | 55 |
| EBITDA* | -936,174 | -174,434 | -369,516 | -180,269 | -262,000 | -31,511 | -236,713 | 253,265 | -90,772 | -74,580 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,339 | 3,547 | 5,802 | 1,879 | 9,739 | 21,059 | 24,687 | 13,619 | 19,958 | 25,083 |
| Intangible Assets | 265,678 | 1,098,615 | 1,098,615 | 1,098,615 | 1,455,615 | 1,455,615 | 1,455,615 | 25,678 | 25,678 | 25,678 |
| Investments & Other | 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 |
| Total Fixed Assets | 271,017 | 1,102,162 | 1,104,417 | 1,100,494 | 1,465,354 | 1,476,674 | 1,480,302 | 39,297 | 45,636 | 50,761 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 957,012 | 110,314 | 971,510 | 1,115,211 | 858,110 | 1,793,228 | 2,225,175 | 1,493,099 | 973,488 | 762,687 |
| Group Debtors | 1,463,063 | 971,605 | 483,536 | 88,495 | 315,401 | 1,009,690 | 327,814 | 36,086 | 773,593 | 207,461 |
| Misc Debtors | 342,455 | 1,369,254 | 232,521 | 338,502 | 335,068 | 403,774 | 805,620 | 342,006 | 269,718 | 295,485 |
| Cash | 74,907 | 150,391 | 93,484 | 63,791 | 35,931 | 123,566 | 695,039 | 139,396 | 21,660 | 25,559 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,837,437 | 2,601,564 | 1,781,051 | 1,605,999 | 1,544,510 | 3,330,258 | 4,053,648 | 2,010,587 | 2,038,459 | 1,291,192 |
| total assets | 3,108,454 | 3,703,726 | 2,885,468 | 2,706,493 | 3,009,864 | 4,806,932 | 5,533,950 | 2,049,884 | 2,084,095 | 1,341,953 |
| Bank overdraft | 46,548 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,949 | 5,869 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 245,225 | 382,919 | 244,511 | 161,786 | 155,045 | 249,424 | 173,913 | 292,032 | 198,350 | 227,152 |
| Group/Directors Accounts | 3,007,214 | 2,509,644 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 325,540 | 316,747 | 239,314 | 0 | 0 | 129,592 | 2,092 | 139,612 | 218,932 | 94,543 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 786,337 | 827,111 | 2,525,833 | 2,265,089 | 2,353,188 | 3,624,813 | 4,484,956 | 1,089,698 | 1,301,264 | 534,982 |
| total current liabilities | 4,410,864 | 4,036,421 | 3,009,658 | 2,426,875 | 2,508,233 | 4,003,829 | 4,660,961 | 1,521,342 | 1,734,495 | 862,546 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 85,212 | 363,690 | 454,330 | 549,396 | 663,704 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 42,606 | 181,845 | 227,165 | 274,698 | 331,852 | 0 | 0 | 0 |
| total liabilities | 4,410,864 | 4,036,421 | 3,052,264 | 2,608,720 | 2,735,398 | 4,278,527 | 4,992,813 | 1,521,342 | 1,734,495 | 862,546 |
| net assets | -1,302,410 | -332,695 | -166,796 | 97,773 | 274,466 | 528,405 | 541,137 | 528,542 | 349,600 | 479,407 |
| total shareholders funds | -1,302,410 | -332,695 | -166,796 | 97,773 | 274,466 | 528,405 | 541,137 | 528,542 | 349,600 | 479,407 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -937,256 | -175,516 | -371,721 | -194,404 | -277,827 | -51,044 | -244,802 | 244,552 | -124,797 | -108,605 |
| Depreciation | 1,082 | 1,082 | 2,205 | 14,135 | 15,827 | 19,533 | 8,089 | 8,713 | 34,025 | 34,025 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 42,606 | 139,239 | 45,320 | 49,851 | 65,991 | -79,974 | -65,954 | -4,441 | 17,914 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 311,357 | 763,606 | 145,359 | 33,629 | -1,698,113 | -151,917 | 1,487,418 | -145,608 | 751,166 | 1,265,633 |
| Creditors | -137,694 | 138,408 | 82,725 | 6,741 | -94,379 | 75,511 | -118,119 | 93,682 | -28,802 | 227,152 |
| Accruals and Deferred Income | -40,774 | -1,698,722 | 260,744 | -88,099 | -1,271,625 | -860,143 | 3,395,258 | -211,566 | 766,282 | 534,982 |
| Deferred Taxes & Provisions | 0 | -85,212 | -278,478 | -90,640 | -95,066 | -114,308 | 663,704 | 0 | 0 | 0 |
| Cash flow from operations | -1,425,999 | -2,540,960 | -310,645 | -340,576 | 24,894 | -712,543 | 2,136,738 | 215,035 | -108,899 | -560,165 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 497,570 | 2,509,644 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 8,793 | 77,433 | 239,314 | 0 | -129,592 | 127,500 | -137,520 | -79,320 | 124,389 | 94,543 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -32,459 | -32,989 | -32,087 | -27,609 | -25,963 | -27,679 | -23,716 | 344 | -569 | 0 |
| cash flow from financing | 473,904 | 2,554,088 | 207,227 | -27,609 | -155,555 | 99,821 | -161,236 | -78,976 | 123,820 | 664,641 |
| cash and cash equivalents | ||||||||||
| cash | -75,484 | 56,907 | 29,693 | 27,860 | -87,635 | -571,473 | 555,643 | 117,736 | -3,899 | 25,559 |
| overdraft | 46,548 | 0 | 0 | 0 | 0 | 0 | 0 | -15,949 | 10,080 | 5,869 |
| change in cash | -122,032 | 56,907 | 29,693 | 27,860 | -87,635 | -571,473 | 555,643 | 133,685 | -13,979 | 19,690 |
assima uk limited Credit Report and Business Information
Assima Uk Limited Competitor Analysis
Perform a competitor analysis for assima uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BL6 area or any other competitors across 12 key performance metrics.
assima uk limited Ownership
ASSIMA UK LIMITED group structure
Assima Uk Limited has 1 subsidiary company.
Ultimate parent company
PARTNER ONE ACQUISITIONS INC
#0055194
1 parent
ASSIMA UK LIMITED
04912220
1 subsidiary
assima uk limited directors
Assima Uk Limited currently has 1 director, Mr Karl Gilbank serving since Jan 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Karl Gilbank | England | 50 years | Jan 2019 | - | Director |
P&L
December 2018turnover
4.1m
+7%
operating profit
-937.3k
+434%
gross margin
23.3%
+14.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-1.3m
+2.91%
total assets
3.1m
-0.16%
cash
74.9k
-0.5%
net assets
Total assets minus all liabilities
assima uk limited company details
company number
04912220
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
September 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2018
previous names
assima (dacg) limited (March 2009)
dacg limited (December 2006)
accountant
-
auditor
HAYS MACINTYRE LLP
address
c/o cowgill holloway business re, fourth floor unit 5b, bolton, BL6 4SD
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
assima uk 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 assima uk limited. Currently there are 1 open charges and 2 have been satisfied in the past.
assima 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 ASSIMA UK LIMITED. This can take several minutes, an email will notify you when this has completed.
assima uk limited Companies House Filings - See Documents
| date | description | view/download |
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