tanasity software + services limited

tanasity software + services limited Company Information

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Company Number

05319015

Industry

Web portals

 

Computer consultancy activities

 
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Directors

Jeffrey Veit

Shareholders

emma veit

jeffrey veit

Group Structure

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Contact

Registered Address

cloudberry barn, 3 meridian, drive, lolworth, cambridge, CB23 8HP

tanasity software + services limited Estimated Valuation

£100.7k

Pomanda estimates the enterprise value of TANASITY SOFTWARE + SERVICES LIMITED at £100.7k based on a Turnover of £162.6k and 0.62x industry multiple (adjusted for size and gross margin).

tanasity software + services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TANASITY SOFTWARE + SERVICES LIMITED at £0 based on an EBITDA of £-15.3k and a 3.68x industry multiple (adjusted for size and gross margin).

tanasity software + services limited Estimated Valuation

£113k

Pomanda estimates the enterprise value of TANASITY SOFTWARE + SERVICES LIMITED at £113k based on Net Assets of £50.2k and 2.25x industry multiple (adjusted for liquidity).

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Tanasity Software + Services Limited Overview

Tanasity Software + Services Limited is a live company located in cambridge, CB23 8HP with a Companies House number of 05319015. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2004, it's largest shareholder is emma veit with a 50% stake. Tanasity Software + Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £162.6k with declining growth in recent years.

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Tanasity Software + Services Limited Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £162.6k, make it smaller than the average company (£3.6m)

£162.6k - Tanasity Software + Services Limited

£3.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (9.5%)

-1% - Tanasity Software + Services Limited

9.5% - Industry AVG

production

Production

with a gross margin of 33.1%, this company has a higher cost of product (58.4%)

33.1% - Tanasity Software + Services Limited

58.4% - Industry AVG

profitability

Profitability

an operating margin of -9.4% make it less profitable than the average company (4.4%)

-9.4% - Tanasity Software + Services Limited

4.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (27)

1 - Tanasity Software + Services Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £63k, the company has an equivalent pay structure (£63k)

£63k - Tanasity Software + Services Limited

£63k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £162.6k, this is more efficient (£131.6k)

£162.6k - Tanasity Software + Services Limited

£131.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 154 days, this is later than average (51 days)

154 days - Tanasity Software + Services Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 63 days, this is slower than average (34 days)

63 days - Tanasity Software + Services Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tanasity Software + Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tanasity Software + Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.3%, this is a lower level of debt than the average (61.6%)

27.3% - Tanasity Software + Services Limited

61.6% - Industry AVG

TANASITY SOFTWARE + SERVICES LIMITED financials

EXPORTms excel logo

Tanasity Software + Services Limited's latest turnover from December 2023 is estimated at £162.6 thousand and the company has net assets of £50.2 thousand. According to their latest financial statements, Tanasity Software + Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover162,577185,380204,407168,109193,591214,368236,326215,223205,61114,654049,36079412,13311,918
Other Income Or Grants000000000000000
Cost Of Sales108,813123,456133,068109,338127,825149,119163,953152,548141,2539,945029,4454667,1740
Gross Profit53,76561,92471,33958,77165,76665,25072,37362,67564,3584,709019,9143284,9590
Admin Expenses69,04874,05469,92561,61334,51267,57863,64267,60923,2592,196-12,3057,8313,3786,946-7,633
Operating Profit-15,283-12,1301,414-2,84231,254-2,3288,731-4,93441,0992,51312,30512,083-3,050-1,9877,633
Interest Payable000000000000000
Interest Receivable000000019987733168136
Pre-Tax Profit-15,283-12,1301,414-2,84231,254-2,3288,731-4,91541,1962,59012,33812,099-3,042-1,9747,639
Tax00-2690-5,9380-1,6590-8,239-544-2,838-2,90400-2,139
Profit After Tax-15,283-12,1301,145-2,84225,316-2,3287,072-4,91532,9572,0469,5009,195-3,042-1,9745,500
Dividends Paid000000000000000
Retained Profit-15,283-12,1301,145-2,84225,316-2,3287,072-4,91532,9572,0469,5009,195-3,042-1,9745,500
Employee Costs62,96658,13056,32754,25054,85856,723107,307107,33052,58453,888050,19549,01048,1860
Number Of Employees111111221101110
EBITDA*-15,283-12,1301,414-2,84231,254-2,3288,731-4,93441,7863,10612,87412,426-2,665-1,7418,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2115809011,7121,7531016119641,4781,4721,4722,041982518764
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2115809011,7121,7531016119641,4781,4721,4722,041982518764
Stock & work in progress000000000000000
Trade Debtors68,81285,072104,02988,76697,98070,37685,97765,99758,0433,408011,38501132,541
Group Debtors000000000000000
Misc Debtors0004,444000033015,5071004541900
Cash0000000015,51523,5617,0876,0972782,7572,529
misc current assets000000000000000
total current assets68,81285,072104,02993,21097,98070,37685,97765,99773,59126,96922,59417,5827323,0605,070
total assets69,02385,652104,93094,92299,73370,47786,58866,96175,06928,44124,06619,6231,7143,5785,834
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 18,80620,10227,25018,38720,356030,19917,64433700097100
Group/Directors Accounts0000016,416000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000000020,2106,8704,5419,48420700
total current liabilities18,80620,10227,25018,38720,35616,41630,19917,64420,5476,8704,5419,4841,17800
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities05050505050505050505050505050
provisions0000000028829429440800282
total long term liabilities0505050505050503383443444585050332
total liabilities18,80620,15227,30018,43720,40616,46630,24917,69420,8857,2144,8859,9421,22850332
net assets50,21765,50077,63076,48579,32754,01156,33949,26754,18421,22719,1819,6814863,5285,502
total shareholders funds50,21765,50077,63076,48579,32754,01156,33949,26754,18421,22719,1819,6814863,5285,502
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-15,283-12,1301,414-2,84231,254-2,3288,731-4,93441,0992,51312,30512,083-3,050-1,9877,633
Depreciation00000000687593569343385246367
Amortisation000000000000000
Tax00-2690-5,9380-1,6590-8,239-544-2,838-2,90400-2,139
Stock000000000000000
Debtors-16,260-18,95710,819-4,77027,604-15,60119,9807,92154,668-12,0994,02211,031151-2,2382,541
Creditors-1,296-7,1488,863-1,96920,356-30,19912,55517,30733700-97197100
Accruals and Deferred Income0000000-20,21013,3402,329-4,9439,27720700
Deferred Taxes & Provisions0000000-288-60-1144080-282282
Cash flow from operations-319-321-811-4118,068-16,926-353-16,046-7,45016,9909577,205-1,6382153,602
Investing Activities
capital expenditure36932181141-1,652510353514-693-5930-1,402-8490-1,131
Change in Investments000000000000000
cash flow from investments36932181141-1,652510353514-693-5930-1,402-8490-1,131
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000-16,41616,416000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-50000000000000050
share issue0000000-20000002
interest000000019987733168136
cash flow from financing-50000-16,41616,4160179877331681358
cash and cash equivalents
cash0000000-15,515-8,04616,4749905,819-2,4792282,529
overdraft000000000000000
change in cash0000000-15,515-8,04616,4749905,819-2,4792282,529

tanasity software + services 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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Tanasity Software + Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tanasity software + services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CB23 area or any other competitors across 12 key performance metrics.

tanasity software + services limited Ownership

TANASITY SOFTWARE + SERVICES LIMITED group structure

Tanasity Software + Services Limited has no subsidiary companies.

Ultimate parent company

TANASITY SOFTWARE + SERVICES LIMITED

05319015

TANASITY SOFTWARE + SERVICES LIMITED Shareholders

emma veit 50%
jeffrey veit 50%

tanasity software + services limited directors

Tanasity Software + Services Limited currently has 1 director, Mr Jeffrey Veit serving since Dec 2004.

officercountryagestartendrole
Mr Jeffrey Veit58 years Dec 2004- Director

P&L

December 2023

turnover

162.6k

-12%

operating profit

-15.3k

0%

gross margin

33.1%

-1%

turnover

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

Balance Sheet

December 2023

net assets

50.2k

-0.23%

total assets

69k

-0.19%

cash

0

0%

net assets

Total assets minus all liabilities

tanasity software + services limited company details

company number

05319015

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

63120 - Web portals

62020 - Computer consultancy activities

incorporation date

December 2004

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

cloudberry barn, 3 meridian, drive, lolworth, cambridge, CB23 8HP

Bank

-

Legal Advisor

-

tanasity software + services 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 tanasity software + services limited.

charges

tanasity software + services limited Companies House Filings - See Documents

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