sro solutions limited
sro solutions limited Company Information
Company Number
05293940
Next Accounts
Mar 2025
Shareholders
sro solutions holdings limited
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
phoenix house 47 cross street, manchester, M2 4JF
Website
www.srosolutions.netsro solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SRO SOLUTIONS LIMITED at £3.7m based on a Turnover of £4.7m and 0.8x industry multiple (adjusted for size and gross margin).
sro solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SRO SOLUTIONS LIMITED at £47.7k based on an EBITDA of £8.5k and a 5.64x industry multiple (adjusted for size and gross margin).
sro solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SRO SOLUTIONS LIMITED at £2.5m based on Net Assets of £1.1m and 2.29x industry multiple (adjusted for liquidity).
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Sro Solutions Limited Overview
Sro Solutions Limited is a dissolved company that was located in manchester, M2 4JF with a Companies House number of 05293940. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2004, it's largest shareholder was sro solutions holdings limited with a 100% stake. The last turnover for Sro Solutions Limited was estimated at £4.7m.
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Sro Solutions Limited Health Check
Pomanda's financial health check has awarded Sro Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £4.7m, make it larger than the average company (£198.4k)
- Sro Solutions Limited
£198.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.8%)
- Sro Solutions Limited
4.8% - Industry AVG
Production
with a gross margin of 52.7%, this company has a comparable cost of product (52.7%)
- Sro Solutions Limited
52.7% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (7.5%)
- Sro Solutions Limited
7.5% - Industry AVG
Employees
with 34 employees, this is above the industry average (3)
34 - Sro Solutions Limited
3 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
- Sro Solutions Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £137.5k, this is more efficient (£107.5k)
- Sro Solutions Limited
£107.5k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (69 days)
- Sro Solutions Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (32 days)
- Sro Solutions Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sro Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (24 weeks)
15 weeks - Sro Solutions Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.4%, this is a higher level of debt than the average (55.9%)
62.4% - Sro Solutions Limited
55.9% - Industry AVG
SRO SOLUTIONS LIMITED financials
Sro Solutions Limited's latest turnover from November 2020 is estimated at £4.7 million and the company has net assets of £1.1 million. According to their latest financial statements, Sro Solutions Limited has 34 employees and maintains cash reserves of £515.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 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 | 34 | 37 | 34 | 33 | 24 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 152,325 | 155,323 | 78,034 | 87,489 | 33,495 | 26,580 | 33,330 | 13,288 | 8,610 | 12,448 | 8,512 | 6,030 |
| Intangible Assets | 25,270 | 28,756 | 32,242 | |||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 177,595 | 184,079 | 110,276 | 87,489 | 33,495 | 26,580 | 33,330 | 13,288 | 8,610 | 12,448 | 8,512 | 6,030 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 1,092,574 | 848,003 | 588,100 | 739,707 | 829,110 | 979,492 | 492,316 | 397,717 | 465,157 | 218,115 | 194,174 | 67,750 |
| Group Debtors | 964,420 | 1,084,097 | 677,151 | 382,914 | 308,141 | |||||||
| Misc Debtors | 150,649 | 244,913 | 353,223 | 381,739 | 402,725 | 3,985 | ||||||
| Cash | 515,592 | 403,847 | 168,191 | 331,894 | 531,268 | 174,331 | 557,129 | 348,249 | 133,427 | 133,981 | 30,500 | 32,358 |
| misc current assets | ||||||||||||
| total current assets | 2,723,235 | 2,580,860 | 1,786,665 | 1,836,254 | 2,071,244 | 1,153,823 | 1,049,445 | 745,966 | 598,584 | 352,096 | 224,674 | 104,093 |
| total assets | 2,900,830 | 2,764,939 | 1,896,941 | 1,923,743 | 2,104,739 | 1,180,403 | 1,082,775 | 759,254 | 607,194 | 364,544 | 233,186 | 110,123 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 623,313 | 491,662 | 296,727 | 610,678 | 444,399 | 873,809 | 774,123 | 511,159 | 414,524 | 192,831 | 170,142 | 50,639 |
| Group/Directors Accounts | 2,122 | 22,901 | 854 | |||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | 2,989 | 11,955 | 11,619 | |||||||||
| other current liabilities | 1,160,468 | 1,129,459 | 709,229 | 624,349 | 1,059,998 | |||||||
| total current liabilities | 1,786,770 | 1,633,076 | 1,017,575 | 1,235,027 | 1,504,397 | 873,809 | 774,123 | 511,159 | 414,524 | 194,953 | 193,043 | 51,493 |
| loans | ||||||||||||
| hp & lease commitments | 14,523 | |||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 2,989 | |||||||||||
| provisions | 23,720 | 21,586 | 11,402 | 13,182 | 3,588 | 1,064 | 5,326 | 2,500 | 1,400 | 2,334 | 1,255 | 601 |
| total long term liabilities | 23,720 | 24,575 | 25,925 | 13,182 | 3,588 | 1,064 | 5,326 | 2,500 | 1,400 | 2,334 | 1,255 | 601 |
| total liabilities | 1,810,490 | 1,657,651 | 1,043,500 | 1,248,209 | 1,507,985 | 874,873 | 779,449 | 513,659 | 415,924 | 197,287 | 194,298 | 52,094 |
| net assets | 1,090,340 | 1,107,288 | 853,441 | 675,534 | 596,754 | 305,530 | 303,326 | 245,595 | 191,270 | 167,257 | 38,888 | 58,029 |
| total shareholders funds | 1,090,340 | 1,107,288 | 853,441 | 675,534 | 596,754 | 305,530 | 303,326 | 245,595 | 191,270 | 167,257 | 38,888 | 58,029 |
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 22,381 | 25,343 | 24,554 | 20,193 | 16,949 | 12,977 | 10,251 | 3,051 | 4,877 | 4,367 | 3,739 | 2,735 |
| Amortisation | 3,486 | 3,486 | 2,614 | |||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | 30,630 | 558,539 | 114,114 | -35,616 | 560,484 | 487,176 | 94,599 | -67,440 | 247,042 | 23,941 | 122,439 | 71,735 |
| Creditors | 131,651 | 194,935 | -313,951 | 166,279 | -429,410 | 99,686 | 262,964 | 96,635 | 221,693 | 22,689 | 119,503 | 50,639 |
| Accruals and Deferred Income | 31,009 | 420,230 | 84,880 | -435,649 | 1,059,998 | |||||||
| Deferred Taxes & Provisions | 2,134 | 10,184 | -1,780 | 9,594 | 2,524 | -4,262 | 2,826 | 1,100 | -934 | 1,079 | 654 | 601 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -2,122 | -20,779 | 22,047 | 854 | ||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | -8,966 | -14,187 | 26,142 | |||||||||
| other long term liabilities | -2,989 | 2,989 | ||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 111,745 | 235,656 | -163,703 | -199,374 | 356,937 | -382,798 | 208,880 | 214,822 | -554 | 103,481 | -1,858 | 32,358 |
| overdraft | ||||||||||||
| change in cash | 111,745 | 235,656 | -163,703 | -199,374 | 356,937 | -382,798 | 208,880 | 214,822 | -554 | 103,481 | -1,858 | 32,358 |
sro solutions limited Credit Report and Business Information
Sro Solutions Limited Competitor Analysis
Perform a competitor analysis for sro solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
sro solutions limited Ownership
SRO SOLUTIONS LIMITED group structure
Sro Solutions Limited has no subsidiary companies.
sro solutions limited directors
Sro Solutions Limited currently has 2 directors. The longest serving directors include Mr Barry Fitzmaurice (Nov 2020) and Mr Clive Hackforth (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Fitzmaurice | United Kingdom | 56 years | Nov 2020 | - | Director |
| Mr Clive Hackforth | United Kingdom | 46 years | Nov 2020 | - | Director |
P&L
November 2020turnover
4.7m
+17%
operating profit
-17.4k
0%
gross margin
52.7%
-0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2020net assets
1.1m
-0.02%
total assets
2.9m
+0.05%
cash
515.6k
+0.28%
net assets
Total assets minus all liabilities
sro solutions limited company details
company number
05293940
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
November 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2020
previous names
maintsystems limited (April 2005)
accountant
-
auditor
-
address
phoenix house 47 cross street, manchester, M2 4JF
Bank
-
Legal Advisor
-
sro solutions 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 2 charges/mortgages relating to sro solutions limited. Currently there are 0 open charges and 2 have been satisfied in the past.
sro solutions 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 SRO SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
sro solutions limited Companies House Filings - See Documents
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