Solve-it Southwest Limited

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solve-it southwest limited Company Information

Company Number

05320686

Next Accounts

Dec 2025

Directors

Kristan Daniels

Shareholders

kristan gareth daniels

lynsey claire daniels

Group Structure

View All

Industry

Computer consultancy activities

Registered Address

unit 2 addlepool business centre, clyst st. george, exeter, devon, EX3 0NR

Website

http://solve.uk.com

solve-it southwest limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of SOLVE-IT SOUTHWEST LIMITED at £1.2m based on Net Assets of £528.3k and 2.29x industry multiple (adjusted for liquidity).

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Solve-it Southwest Limited is a live company located in exeter, EX3 0NR with a Companies House number of 05320686. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2004, it's largest shareholder is kristan gareth daniels with a 66.7% stake. Solve-it Southwest Limited is a mature, micro sized company, Pomanda has estimated its turnover at £355.3k with declining growth in recent years.

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Pomanda's financial health check has awarded Solve-It Southwest Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

2 Regular

7 Weak

Size

annual sales of £355.3k, make it smaller than the average company (£1.4m)

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (9.3%)

EXPORT

Solve-It Southwest Limited's latest turnover from March 2024 is estimated at £355.3 thousand and the company has net assets of £528.3 thousand. According to their latest financial statements, Solve-It Southwest Limited has 9 employees and maintains cash reserves of £437.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	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	355,286	281,204	330,552	686,688	773,375	372,031	583,347	439,413	199,532	270,843	133,188	119,939	250,204	80,139	230,352
Other Income Or Grants
Cost Of Sales	271,467	210,069	243,604	508,733	556,757	269,012	416,889	309,941	138,118	188,582	90,928	78,949	164,968	53,497	93,219
Gross Profit	83,819	71,135	86,948	177,955	216,619	103,019	166,457	129,472	61,414	82,262	42,260	40,990	85,236	26,642	137,133
Admin Expenses	76,972	-1,661	-1,938	140,635	164,260	28,534	40,774	66,388	48,005	58,955	41,107	48,117	75,879	30,172	75,428
Operating Profit	6,847	72,796	88,886	37,320	52,359	74,485	125,683	63,084	13,409	23,307	1,153	-7,127	9,357	-3,530	61,705
Interest Payable
Interest Receivable	23,852	17,436	1,311		107	805		57	156	166	198	114	164	313
Pre-Tax Profit	30,699	90,232	90,198	37,320	52,467	75,290	125,683	63,141	13,565	23,473	1,351	-7,013	9,522	-3,217	61,705
Tax	-7,675	-17,144	-17,138	-7,091	-9,969	-14,305	-23,880	-12,628	-2,713	-4,929	-311		-2,476		-13,077
Profit After Tax	23,024	73,088	73,060	30,229	42,498	60,985	101,803	50,513	10,852	18,544	1,040	-7,013	7,046	-3,217	48,628
Dividends Paid															26,747
Retained Profit	23,024	73,088	73,060	30,229	42,498	60,985	101,803	50,513	10,852	18,544	1,040	-7,013	7,046	-3,217	21,881
Employee Costs	538,418	449,548	412,270	480,185	481,905	481,123	158,149	165,856	57,517	115,413	55,947	54,071	107,696	52,130	107,253
Number Of Employees	9	8	8	10	10	9	3	3	1	2	1	1	2	1	2
EBITDA*	48,848	91,461	88,886	37,320	52,359	74,485	125,683	63,084	18,875	28,434	6,189	-1,267	21,198	4,862	62,993

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	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	159,458	92,887	108,262	118,427	52,854	52,137	37,188	34,450	21,726	20,326	15,109	17,578	20,929	15,522	15,747
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	159,458	92,887	108,262	118,427	52,854	52,137	37,188	34,450	21,726	20,326	15,109	17,578	20,929	15,522	15,747
Stock & work in progress	12,334	2,331	3,470			8,966			6,634	5,213	1,200	1,000	1,000	1,000	1,000
Trade Debtors	55,484	37,727	74,488	325,451	373,453	95,058	284,303	163,584	58,067	77,900	32,997	32,617	68,180	19,871	46,340
Group Debtors
Misc Debtors	13,068	15,591	13,891												4,279
Cash	437,776	470,873	349,640			214,606			45,696	16,742	49,685	29,466	16,289	49,446	75,624
misc current assets
total current assets	518,662	526,522	441,489	325,451	373,453	318,630	284,303	163,584	110,397	99,855	83,882	63,083	85,469	70,317	127,243
total assets	678,120	619,409	549,751	443,878	426,307	370,767	321,491	198,034	132,123	120,181	98,991	80,661	106,398	85,839	142,990
Bank overdraft
Bank loan
Trade Creditors	125,478	104,799	107,582	75,802	90,329	78,200	88,887	68,345	55,054	54,331	52,835	35,181	53,393	41,082	24,942
Group/Directors Accounts															465
other short term finances
hp & lease commitments
other current liabilities															69,850
total current liabilities	125,478	104,799	107,582	75,802	90,329	78,200	88,887	68,345	55,054	54,331	52,835	35,181	53,393	41,082	95,257
loans
hp & lease commitments
Accruals and Deferred Income	1,275	1,250	1,225
other liabilities
provisions	23,045	8,062	8,734	8,929	7,060	6,144	7,169	6,057	3,947	3,580	2,430	2,794	3,306	2,105	1,864
total long term liabilities	24,320	9,312	9,959	8,929	7,060	6,144	7,169	6,057	3,947	3,580	2,430	2,794	3,306	2,105	1,864
total liabilities	149,798	114,111	117,541	84,731	97,389	84,344	96,056	74,402	59,001	57,911	55,265	37,975	56,699	43,187	97,121
net assets	528,322	505,298	432,210	359,147	328,918	286,423	225,435	123,632	73,122	62,270	43,726	42,686	49,699	42,652	45,869
total shareholders funds	528,322	505,298	432,210	359,147	328,918	286,423	225,435	123,632	73,122	62,270	43,726	42,686	49,699	42,652	45,869

	Mar 2024	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	6,847	72,796	88,886	37,320	52,359	74,485	125,683	63,084	13,409	23,307	1,153	-7,127	9,357	-3,530	61,705
Depreciation	42,001	18,665							5,466	5,127	5,036	5,860	11,841	8,392	1,288
Amortisation
Tax	-7,675	-17,144	-17,138	-7,091	-9,969	-14,305	-23,880	-12,628	-2,713	-4,929	-311		-2,476		-13,077
Stock	10,003	-1,139	3,470		-8,966	8,966		-6,634	1,421	4,013	200				1,000
Debtors	15,234	-35,061	-237,072	-48,002	278,395	-189,245	120,719	105,517	-19,833	44,903	380	-35,563	48,309	-30,748	50,619
Creditors	20,679	-2,783	31,780	-14,527	12,129	-10,687	20,542	13,291	723	1,496	17,654	-18,212	12,311	16,140	24,942
Accruals and Deferred Income	25	25	1,225											-69,850	69,850
Deferred Taxes & Provisions	14,983	-672	-195	1,869	916	-1,025	1,112	2,110	367	1,150	-364	-512	1,201	241	1,864
Cash flow from operations	51,623	107,087	338,160	65,573	-213,994	228,747	2,738	-33,026	35,664	-22,765	22,588	15,572	-16,075	-17,859	94,953
Investing Activities
capital expenditure	-108,572	-3,290	10,165	-65,573	-717	-14,949	-2,738	-12,724	-6,866	-10,344	-2,567	-2,509	-17,248	-8,167	-17,035
Change in Investments
cash flow from investments	-108,572	-3,290	10,165	-65,573	-717	-14,949	-2,738	-12,724	-6,866	-10,344	-2,567	-2,509	-17,248	-8,167	-17,035
Financing Activities
Bank loans
Group/Directors Accounts														-465	465
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue			3		-3	3		-3					1		23,988
interest	23,852	17,436	1,311		107	805		57	156	166	198	114	164	313
cash flow from financing	23,852	17,436	1,314		104	808		54	156	166	198	114	165	-152	24,453
cash and cash equivalents
cash	-33,097	121,233	349,640		-214,606	214,606		-45,696	28,954	-32,943	20,219	13,177	-33,157	-26,178	75,624
overdraft
change in cash	-33,097	121,233	349,640		-214,606	214,606		-45,696	28,954	-32,943	20,219	13,177	-33,157	-26,178	75,624

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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SOLVE-IT SOUTHWEST LIMITED group structure

Solve-It Southwest Limited has no subsidiary companies.

Ultimate parent company

SOLVE-IT SOUTHWEST LIMITED

05320686

SOLVE-IT SOUTHWEST LIMITED Shareholders

kristan gareth daniels	66.67%
lynsey claire daniels	33.33%

Solve-It Southwest Limited currently has 1 director, Mr Kristan Daniels serving since Dec 2004.

officer	country	age	start	end	role
Mr Kristan Daniels		51 years	Dec 2004	-	Director

P&L

March 2024

turnover

355.3k

+26%

operating profit

6.8k

gross margin

23.6%

-6.74%

turnover

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

Balance Sheet

March 2024

net assets

528.3k

+0.05%

total assets

678.1k

+0.09%

cash

437.8k

-0.07%

net assets

Total assets minus all liabilities

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company number

05320686

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

December 2004

ultimate parent company

None

previous names

N/A

address

unit 2 addlepool business centre, clyst st. george, exeter, devon, EX3 0NR

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.

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solve-it southwest limited Company Information

solve-it southwest limited Estimated Valuation

solve-it southwest limited Estimated Valuation

solve-it southwest limited Estimated Valuation

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SOLVE-IT SOUTHWEST LIMITED financials

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