solution team limited

solution team limited Company Information

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MatureSmallDeclining

Company Number

05128909

Industry

Other information technology and computer service activities

 

Shareholders

susan bains

narinder bains

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Group Structure

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Contact

Registered Address

37 sherbourne place, clarendon street, leamington spa, warwickshire, CV32 5SW

solution team limited Estimated Valuation

£313.9k

Pomanda estimates the enterprise value of SOLUTION TEAM LIMITED at £313.9k based on a Turnover of £605k and 0.52x industry multiple (adjusted for size and gross margin).

solution team limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLUTION TEAM LIMITED at £0 based on an EBITDA of £-72.3k and a 3.65x industry multiple (adjusted for size and gross margin).

solution team limited Estimated Valuation

£454k

Pomanda estimates the enterprise value of SOLUTION TEAM LIMITED at £454k based on Net Assets of £203.4k and 2.23x industry multiple (adjusted for liquidity).

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Solution Team Limited Overview

Solution Team Limited is a live company located in leamington spa, CV32 5SW with a Companies House number of 05128909. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2004, it's largest shareholder is susan bains with a 45% stake. Solution Team Limited is a mature, small sized company, Pomanda has estimated its turnover at £605k with declining growth in recent years.

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Solution Team Limited Health Check

Pomanda's financial health check has awarded Solution Team Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £605k, make it smaller than the average company (£7.1m)

£605k - Solution Team Limited

£7.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (8.9%)

-10% - Solution Team Limited

8.9% - Industry AVG

production

Production

with a gross margin of 24.9%, this company has a higher cost of product (48.9%)

24.9% - Solution Team Limited

48.9% - Industry AVG

profitability

Profitability

an operating margin of -11.9% make it less profitable than the average company (3.9%)

-11.9% - Solution Team Limited

3.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (43)

3 - Solution Team Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £71.8k, the company has an equivalent pay structure (£71.8k)

£71.8k - Solution Team Limited

£71.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £201.7k, this is more efficient (£171.7k)

£201.7k - Solution Team Limited

£171.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 146 days, this is later than average (52 days)

146 days - Solution Team Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is close to average (33 days)

32 days - Solution Team Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Solution Team Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Solution Team Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.8%, this is a lower level of debt than the average (64%)

16.8% - Solution Team Limited

64% - Industry AVG

SOLUTION TEAM LIMITED financials

EXPORTms excel logo

Solution Team Limited's latest turnover from May 2024 is estimated at £605 thousand and the company has net assets of £203.4 thousand. According to their latest financial statements, Solution Team Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover605,002843,826906,129827,066878,006748,242611,587542,927452,553467,317396,649103,34089,76541,29867,679
Other Income Or Grants000000000000000
Cost Of Sales454,576624,784664,868628,326653,812556,354447,039390,242327,000331,474280,45672,07362,94029,16846,555
Gross Profit150,426219,042241,261198,740224,195191,889164,547152,685125,554135,843116,19331,26826,82412,13021,124
Admin Expenses222,699235,576210,926143,831230,142125,593121,878134,96975,704109,87374,28731,19236,650-8,002-14,137
Operating Profit-72,273-16,53430,33554,909-5,94766,29642,66917,71649,85025,97041,90676-9,82620,13235,261
Interest Payable000000000000000
Interest Receivable0000000108469393406462371360186
Pre-Tax Profit-72,273-16,53430,33554,909-5,94766,29642,66917,82550,31926,36442,311538-9,45520,49235,447
Tax00-5,764-10,4330-12,596-8,107-3,387-10,064-5,273-8,885-1240-5,328-9,925
Profit After Tax-72,273-16,53424,57144,476-5,94753,70034,56214,43840,25521,09133,426414-9,45515,16425,522
Dividends Paid000000000000000
Retained Profit-72,273-16,53424,57144,476-5,94753,70034,56214,43840,25521,09133,426414-9,45515,16425,522
Employee Costs215,529205,211190,625184,616115,229115,218110,409108,800106,791108,817106,98050,47350,90149,34848,078
Number Of Employees333322222221111
EBITDA*-72,273-16,53430,33554,909-5,94766,29642,66917,71650,91726,62242,6501,068-8,50321,21935,510

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets2,1342,2851,1178411,1211,3501,8002,4003,1991,9552,2322,9763,9683,991747
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,1342,2851,1178411,1211,3501,8002,4003,1991,9552,2322,9763,9683,991747
Stock & work in progress000000000000000
Trade Debtors242,259376,871390,396363,609357,451339,320282,634236,259127,222120,781108,21016,94316,5437,47912,872
Group Debtors000000000000000
Misc Debtors0001,171310000000000
Cash0000000086,740100,72856,616105,69678,91069,51374,302
misc current assets000000000000000
total current assets242,259376,871390,396364,780357,482339,320282,634236,259213,962221,509164,826122,63995,45376,99287,174
total assets244,393379,156391,513365,621358,603340,670284,434238,659217,161223,464167,058125,61599,42180,98387,921
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 39,883102,47398,29697,0750110,803108,26797,05490,644137,202101,88793,87068,09040,19762,299
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities39,883102,47398,29697,0750110,803108,26797,05490,644137,202101,88793,87068,09040,19762,299
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income0009009007507507500000000
other liabilities0000134,5330000000000
provisions1,1001,0001,000000000000000
total long term liabilities1,1001,0001,000900135,4337507507500000000
total liabilities40,983103,47399,29697,975135,433111,553109,01797,80490,644137,202101,88793,87068,09040,19762,299
net assets203,410275,683292,217267,646223,170229,117175,417140,855126,51786,26265,17131,74531,33140,78625,622
total shareholders funds203,410275,683292,217267,646223,170229,117175,417140,855126,51786,26265,17131,74531,33140,78625,622
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-72,273-16,53430,33554,909-5,94766,29642,66917,71649,85025,97041,90676-9,82620,13235,261
Depreciation000000001,0676527449921,3231,087249
Amortisation000000000000000
Tax00-5,764-10,4330-12,596-8,107-3,387-10,064-5,273-8,885-1240-5,328-9,925
Stock000000000000000
Debtors-134,612-13,52525,6167,29818,16256,68646,375109,0376,44112,57191,2674009,064-5,39312,872
Creditors-62,5904,1771,22197,075-110,8032,53611,2136,410-46,55835,3158,01725,78027,893-22,10262,299
Accruals and Deferred Income00-9000150007500000000
Deferred Taxes & Provisions10001,000000000000000
Cash flow from operations-1511,168276134,253-134,762-450-600-87,548-12,14644,093-49,48526,32410,326-81875,012
Investing Activities
capital expenditure151-1,168-276280229450600799-2,311-37500-1,300-4,331-996
Change in Investments000000000000000
cash flow from investments151-1,168-276280229450600799-2,311-37500-1,300-4,331-996
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000-134,533134,5330000000000
share issue0000000-100000000100
interest0000000108469393406462371360186
cash flow from financing000-134,533134,533008469393406462371360286
cash and cash equivalents
cash0000000-86,740-13,98844,112-49,08026,7869,397-4,78974,302
overdraft000000000000000
change in cash0000000-86,740-13,98844,112-49,08026,7869,397-4,78974,302

solution team 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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Solution Team Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for solution team limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CV32 area or any other competitors across 12 key performance metrics.

solution team limited Ownership

SOLUTION TEAM LIMITED group structure

Solution Team Limited has no subsidiary companies.

Ultimate parent company

SOLUTION TEAM LIMITED

05128909

SOLUTION TEAM LIMITED Shareholders

susan bains 45%
narinder bains 45%
rahul bains 10%

solution team limited directors

Solution Team Limited currently has 2 directors. The longest serving directors include Susan Bains (May 2006) and Ms Narinder Bains (May 2006).

officercountryagestartendrole
Susan BainsEngland60 years May 2006- Director
Ms Narinder BainsEngland64 years May 2006- Director

P&L

May 2024

turnover

605k

-28%

operating profit

-72.3k

0%

gross margin

24.9%

-4.22%

turnover

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

Balance Sheet

May 2024

net assets

203.4k

-0.26%

total assets

244.4k

-0.36%

cash

0

0%

net assets

Total assets minus all liabilities

solution team limited company details

company number

05128909

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

May 2004

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2024

previous names

aurora furnishings limited (April 2007)

accountant

-

auditor

-

address

37 sherbourne place, clarendon street, leamington spa, warwickshire, CV32 5SW

Bank

-

Legal Advisor

-

solution team 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 did not find charges/mortgages relating to solution team limited.

charges

solution team limited Companies House Filings - See Documents

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