msbc solutions (uk) ltd

4.5

msbc solutions (uk) ltd Company Information

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Company Number

05137033

Registered 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

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Directors

Kumar Varsani20 Years

Rishan Gopal5 Years

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Shareholders

msbc solutions (india) pvt ltd 51%

manubhai varsani 25%

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msbc solutions (uk) ltd Estimated Valuation

£1.1m

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

£427.9k

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

£2.7m

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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.9m, make it in line with the average company (£1.9m)

£1.9m - Msbc Solutions (uk) Ltd

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.5%)

8% - Msbc Solutions (uk) Ltd

6.5% - Industry AVG

production

Production

with a gross margin of 33.5%, this company has a higher cost of product (59.5%)

33.5% - Msbc Solutions (uk) Ltd

59.5% - Industry AVG

profitability

Profitability

an operating margin of 3.4% make it less profitable than the average company (5.7%)

3.4% - Msbc Solutions (uk) Ltd

5.7% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (18)

11 - Msbc Solutions (uk) Ltd

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £59k, the company has an equivalent pay structure (£59k)

£59k - Msbc Solutions (uk) Ltd

£59k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £169k, this is more efficient (£116.5k)

£169k - Msbc Solutions (uk) Ltd

£116.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 190 days, this is later than average (65 days)

190 days - Msbc Solutions (uk) Ltd

65 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 162 days, this is slower than average (38 days)

162 days - Msbc Solutions (uk) Ltd

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 43 days, this is more than average (13 days)

43 days - Msbc Solutions (uk) Ltd

13 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,859,0961,669,6291,493,4011,488,6821,093,716998,3871,749,9981,511,1611,041,321629,305682,981520,920139,911183,261
Other Income Or Grants00000000000000
Cost Of Sales1,236,1891,085,161979,144958,451712,203649,2361,106,469951,456646,469391,247407,402305,89581,577109,153
Gross Profit622,907584,468514,257530,231381,513349,151643,529559,705394,853238,058275,578215,02558,33474,108
Admin Expenses560,183460,704356,653498,212156,552109,255421,311538,006479,66140,58673,346152,73843,20670,367
Operating Profit62,724123,764157,60432,019224,961239,896222,21821,699-84,808197,472202,23262,28715,1283,741
Interest Payable00000000000000
Interest Receivable15,7552,4752363003,1391,7286881,3471,7151,7329752974614
Pre-Tax Profit78,479126,238157,84032,320228,100241,625222,90623,046-83,093199,204203,20762,58415,1743,756
Tax-14,911-23,985-29,990-6,141-43,339-45,909-44,581-4,6090-45,817-48,770-16,272-4,249-1,052
Profit After Tax63,568102,253127,85026,179184,761195,716178,32518,437-83,093153,387154,43746,31210,9252,704
Dividends Paid00000000000000
Retained Profit63,568102,253127,85026,179184,761195,716178,32518,437-83,093153,387154,43746,31210,9252,704
Employee Costs649,024602,511564,080622,647397,306385,020335,307335,064334,504220,886212,933159,22051,413101,927
Number Of Employees111111127766644312
EBITDA*105,174165,712190,40545,130238,825253,137225,20124,649-82,144200,605218,27364,73616,1834,982

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets64,35461,50066,71574,29778,56075,03416,90916,71115,09317,75756,94358,4385,9797,034
Intangible Assets227,308258,402193,027138,47692,322000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets291,662319,902259,742212,773170,88275,03416,90916,71115,09317,75756,94358,4385,9797,034
Stock & work in progress148,207148,207148,20700000000000
Trade Debtors968,119888,830809,553782,421574,051522,987869,980600,667281,278156,678172,110129,23835,48645,584
Group Debtors00000000000000
Misc Debtors00000000000000
Cash386,567354,839305,083166,497434,264402,813288,519261,906276,954408,874283,796106,06412,5515,757
misc current assets00000000000000
total current assets1,502,8931,391,8761,262,843948,9181,008,315925,8001,158,499862,573558,232565,552455,906235,30248,03751,341
total assets1,794,5551,711,7781,522,5851,161,6911,179,1971,000,8341,175,408879,284573,325583,309512,849293,74054,01658,375
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 549,361510,152406,545273,501317,186323,584693,874576,075288,553215,444269,365196,91740,28755,571
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities549,361510,152406,545273,501317,186323,584693,874576,075288,553215,444269,365196,91740,28755,571
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities63,33383,333100,000000000029,00636,78200
provisions00000000000000
total long term liabilities63,33383,333100,000000000029,00636,78200
total liabilities612,694593,485506,545273,501317,186323,584693,874576,075288,553215,444298,371233,69940,28755,571
net assets1,181,8611,118,2931,016,040888,190862,011677,250481,534303,209284,772367,865214,47860,04113,7292,804
total shareholders funds1,181,8611,118,2931,016,040888,190862,011677,250481,534303,209284,772367,865214,47860,04113,7292,804
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit62,724123,764157,60432,019224,961239,896222,21821,699-84,808197,472202,23262,28715,1283,741
Depreciation11,35610,85311,35313,11113,86413,2412,9832,9502,6643,13316,0412,4491,0551,241
Amortisation31,09431,09521,44800000000000
Tax-14,911-23,985-29,990-6,141-43,339-45,909-44,581-4,6090-45,817-48,770-16,272-4,249-1,052
Stock00148,20700000000000
Debtors79,28979,27727,132208,37051,064-346,993269,313319,389124,600-15,43242,87293,752-10,09845,584
Creditors39,209103,607133,044-43,685-6,398-370,290117,799287,52273,109-53,92172,448156,630-15,28455,571
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations50,183166,057118,120-213,066138,024183,93129,106-11,827-133,635116,299199,079111,3426,74813,917
Investing Activities
capital expenditure-14,210-102,108-79,770-55,002-109,712-71,366-3,181-4,568036,053-14,546-54,9080-8,275
Change in Investments00000000000000
cash flow from investments-14,210-102,108-79,770-55,002-109,712-71,366-3,181-4,568036,053-14,546-54,9080-8,275
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-20,000-16,667100,000000000-29,006-7,77636,78200
share issue0000000000000100
interest15,7552,4752363003,1391,7286881,3471,7151,7329752974614
cash flow from financing-4,245-14,192100,2363003,1391,7286881,3471,715-27,274-6,80137,07946114
cash and cash equivalents
cash31,72849,756138,586-267,76731,451114,29426,613-15,048-131,920125,078177,73293,5136,7945,757
overdraft00000000000000
change in cash31,72849,756138,586-267,76731,451114,29426,613-15,048-131,920125,078177,73293,5136,7945,757

msbc solutions (uk) ltd 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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Msbc Solutions (uk) Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

msbc solutions (india) pvt ltd 51%
manubhai varsani 25%
kumar varsani 24%

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).

officercountryagestartendrole
Mr Kumar Varsani39 years Jun 2004- Director
Mr Rishan GopalUnited Kingdom34 years Apr 2019- Director
Mr Hiren Raycha47 years Apr 2019- Director
Mr Vanraj Dav44 years Apr 2019- Director

P&L

March 2023

turnover

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 2023

net 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

MSBC SOLUTIONS (INDIA) PVT LTD

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.

charges

msbc solutions (uk) ltd Companies House Filings - See Documents

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