msbc solutions (uk) ltd Company Information
Company Number
05137033
Website
http://msbc.inRegistered Address
18 the broadway east lane, wembley park, middlesex, middlesex, HA9 8JU
Industry
Business and domestic software development
Computer consultancy activities
Telephone
02084206670
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
msbc solutions (india) pvt ltd 51%
manubhai varsani 25%
View Allmsbc solutions (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MSBC SOLUTIONS (UK) LTD at £1.1m based on a Turnover of £1.9m and 0.59x industry multiple (adjusted for size and gross margin).
msbc solutions (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MSBC SOLUTIONS (UK) LTD at £427.9k based on an EBITDA of £105.2k and a 4.07x industry multiple (adjusted for size and gross margin).
msbc solutions (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MSBC SOLUTIONS (UK) LTD at £2.7m based on Net Assets of £1.2m and 2.31x industry multiple (adjusted for liquidity).
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Msbc Solutions (uk) Ltd Overview
Msbc Solutions (uk) Ltd is a live company located in middlesex, HA9 8JU with a Companies House number of 05137033. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2004, it's largest shareholder is msbc solutions (india) pvt ltd with a 51% stake. Msbc Solutions (uk) Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
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Msbc Solutions (uk) Ltd Health Check
Pomanda's financial health check has awarded Msbc Solutions (Uk) Ltd a 4.5 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
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.9m, make it in line with the average company (£1.9m)
- Msbc Solutions (uk) Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.5%)
- Msbc Solutions (uk) Ltd
6.5% - Industry AVG
Production
with a gross margin of 33.5%, this company has a higher cost of product (59.5%)
- Msbc Solutions (uk) Ltd
59.5% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (5.7%)
- Msbc Solutions (uk) Ltd
5.7% - Industry AVG
Employees
with 11 employees, this is below the industry average (18)
11 - Msbc Solutions (uk) Ltd
18 - Industry AVG
Pay Structure
on an average salary of £59k, the company has an equivalent pay structure (£59k)
- Msbc Solutions (uk) Ltd
£59k - Industry AVG
Efficiency
resulting in sales per employee of £169k, this is more efficient (£116.5k)
- Msbc Solutions (uk) Ltd
£116.5k - Industry AVG
Debtor Days
it gets paid by customers after 190 days, this is later than average (65 days)
- Msbc Solutions (uk) Ltd
65 days - Industry AVG
Creditor Days
its suppliers are paid after 162 days, this is slower than average (38 days)
- Msbc Solutions (uk) Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 43 days, this is more than average (13 days)
- Msbc Solutions (uk) Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (20 weeks)
36 weeks - Msbc Solutions (uk) Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.1%, this is a lower level of debt than the average (59.2%)
34.1% - Msbc Solutions (uk) Ltd
59.2% - Industry AVG
MSBC SOLUTIONS (UK) LTD financials
Msbc Solutions (Uk) Ltd's latest turnover from March 2023 is estimated at £1.9 million and the company has net assets of £1.2 million. According to their latest financial statements, Msbc Solutions (Uk) Ltd has 11 employees and maintains cash reserves of £386.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 11 | 11 | 11 | 12 | 7 | 7 | 6 | 6 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 64,354 | 61,500 | 66,715 | 74,297 | 78,560 | 75,034 | 16,909 | 16,711 | 15,093 | 17,757 | 56,943 | 58,438 | 5,979 | 7,034 |
Intangible Assets | 227,308 | 258,402 | 193,027 | 138,476 | 92,322 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 291,662 | 319,902 | 259,742 | 212,773 | 170,882 | 75,034 | 16,909 | 16,711 | 15,093 | 17,757 | 56,943 | 58,438 | 5,979 | 7,034 |
Stock & work in progress | 148,207 | 148,207 | 148,207 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 968,119 | 888,830 | 809,553 | 782,421 | 574,051 | 522,987 | 869,980 | 600,667 | 281,278 | 156,678 | 172,110 | 129,238 | 35,486 | 45,584 |
Group Debtors | 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 |
Cash | 386,567 | 354,839 | 305,083 | 166,497 | 434,264 | 402,813 | 288,519 | 261,906 | 276,954 | 408,874 | 283,796 | 106,064 | 12,551 | 5,757 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,502,893 | 1,391,876 | 1,262,843 | 948,918 | 1,008,315 | 925,800 | 1,158,499 | 862,573 | 558,232 | 565,552 | 455,906 | 235,302 | 48,037 | 51,341 |
total assets | 1,794,555 | 1,711,778 | 1,522,585 | 1,161,691 | 1,179,197 | 1,000,834 | 1,175,408 | 879,284 | 573,325 | 583,309 | 512,849 | 293,740 | 54,016 | 58,375 |
Bank overdraft | 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 |
Trade Creditors | 549,361 | 510,152 | 406,545 | 273,501 | 317,186 | 323,584 | 693,874 | 576,075 | 288,553 | 215,444 | 269,365 | 196,917 | 40,287 | 55,571 |
Group/Directors Accounts | 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 |
hp & lease commitments | 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 | 0 | 0 | 0 | 0 |
total current liabilities | 549,361 | 510,152 | 406,545 | 273,501 | 317,186 | 323,584 | 693,874 | 576,075 | 288,553 | 215,444 | 269,365 | 196,917 | 40,287 | 55,571 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 63,333 | 83,333 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,006 | 36,782 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 63,333 | 83,333 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,006 | 36,782 | 0 | 0 |
total liabilities | 612,694 | 593,485 | 506,545 | 273,501 | 317,186 | 323,584 | 693,874 | 576,075 | 288,553 | 215,444 | 298,371 | 233,699 | 40,287 | 55,571 |
net assets | 1,181,861 | 1,118,293 | 1,016,040 | 888,190 | 862,011 | 677,250 | 481,534 | 303,209 | 284,772 | 367,865 | 214,478 | 60,041 | 13,729 | 2,804 |
total shareholders funds | 1,181,861 | 1,118,293 | 1,016,040 | 888,190 | 862,011 | 677,250 | 481,534 | 303,209 | 284,772 | 367,865 | 214,478 | 60,041 | 13,729 | 2,804 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 11,356 | 10,853 | 11,353 | 13,111 | 13,864 | 13,241 | 2,983 | 2,950 | 2,664 | 3,133 | 16,041 | 2,449 | 1,055 | 1,241 |
Amortisation | 31,094 | 31,095 | 21,448 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 148,207 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 79,289 | 79,277 | 27,132 | 208,370 | 51,064 | -346,993 | 269,313 | 319,389 | 124,600 | -15,432 | 42,872 | 93,752 | -10,098 | 45,584 |
Creditors | 39,209 | 103,607 | 133,044 | -43,685 | -6,398 | -370,290 | 117,799 | 287,522 | 73,109 | -53,921 | 72,448 | 156,630 | -15,284 | 55,571 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 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 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 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 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -20,000 | -16,667 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | -29,006 | -7,776 | 36,782 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 31,728 | 49,756 | 138,586 | -267,767 | 31,451 | 114,294 | 26,613 | -15,048 | -131,920 | 125,078 | 177,732 | 93,513 | 6,794 | 5,757 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 31,728 | 49,756 | 138,586 | -267,767 | 31,451 | 114,294 | 26,613 | -15,048 | -131,920 | 125,078 | 177,732 | 93,513 | 6,794 | 5,757 |
msbc solutions (uk) ltd Credit Report and Business Information
Msbc Solutions (uk) Ltd Competitor Analysis
Perform a competitor analysis for msbc solutions (uk) ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in HA9 area or any other competitors across 12 key performance metrics.
msbc solutions (uk) ltd Ownership
MSBC SOLUTIONS (UK) LTD group structure
Msbc Solutions (Uk) Ltd has no subsidiary companies.
Ultimate parent company
MSBC SOLUTIONS (INDIA) PVT LTD
#0080123
1 parent
MSBC SOLUTIONS (UK) LTD
05137033
msbc solutions (uk) ltd directors
Msbc Solutions (Uk) Ltd currently has 4 directors. The longest serving directors include Mr Kumar Varsani (Jun 2004) and Mr Rishan Gopal (Apr 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kumar Varsani | 39 years | Jun 2004 | - | Director | |
Mr Rishan Gopal | United Kingdom | 34 years | Apr 2019 | - | Director |
Mr Hiren Raycha | 47 years | Apr 2019 | - | Director | |
Mr Vanraj Dav | 44 years | Apr 2019 | - | Director |
P&L
March 2023turnover
1.9m
+11%
operating profit
62.7k
0%
gross margin
33.6%
-4.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.2m
+0.06%
total assets
1.8m
+0.05%
cash
386.6k
+0.09%
net assets
Total assets minus all liabilities
msbc solutions (uk) ltd company details
company number
05137033
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62020 - Computer consultancy activities
incorporation date
May 2004
age
20
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
i-serve it solutions limited (May 2009)
accountant
-
auditor
-
address
18 the broadway east lane, wembley park, middlesex, middlesex, HA9 8JU
Bank
-
Legal Advisor
-
msbc solutions (uk) ltd 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 msbc solutions (uk) ltd.
msbc solutions (uk) ltd Companies House Filings - See Documents
date | description | view/download |
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