bitfield consulting limited
bitfield consulting limited Company Information
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
grimshall boconnoc, lostwithiel, cornwall, PL22 0RX
Website
www.bitfieldconsulting.combitfield consulting limited Estimated Valuation
Pomanda estimates the enterprise value of BITFIELD CONSULTING LIMITED at £300.8k based on a Turnover of £553.9k and 0.54x industry multiple (adjusted for size and gross margin).
bitfield consulting limited Estimated Valuation
Pomanda estimates the enterprise value of BITFIELD CONSULTING LIMITED at £129.6k based on an EBITDA of £34.4k and a 3.77x industry multiple (adjusted for size and gross margin).
bitfield consulting limited Estimated Valuation
Pomanda estimates the enterprise value of BITFIELD CONSULTING LIMITED at £719.8k based on Net Assets of £314.9k and 2.29x industry multiple (adjusted for liquidity).
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Bitfield Consulting Limited Overview
Bitfield Consulting Limited is a live company located in cornwall, PL22 0RX with a Companies House number of 05363518. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2005, it's largest shareholder is john arundel with a 100% stake. Bitfield Consulting Limited is a mature, small sized company, Pomanda has estimated its turnover at £553.9k with low growth in recent years.
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Bitfield Consulting Limited Health Check
Pomanda's financial health check has awarded Bitfield Consulting Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £553.9k, make it smaller than the average company (£1.3m)
- Bitfield Consulting Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (9.4%)
- Bitfield Consulting Limited
9.4% - Industry AVG
Production
with a gross margin of 24.4%, this company has a higher cost of product (45.8%)
- Bitfield Consulting Limited
45.8% - Industry AVG
Profitability
an operating margin of 6.2% make it as profitable than the average company (6.3%)
- Bitfield Consulting Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Bitfield Consulting Limited
12 - Industry AVG
Pay Structure
on an average salary of £58.6k, the company has an equivalent pay structure (£58.6k)
- Bitfield Consulting Limited
£58.6k - Industry AVG
Efficiency
resulting in sales per employee of £553.9k, this is more efficient (£129.9k)
- Bitfield Consulting Limited
£129.9k - Industry AVG
Debtor Days
it gets paid by customers after 218 days, this is later than average (61 days)
- Bitfield Consulting Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (27 days)
- Bitfield Consulting Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bitfield Consulting Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bitfield Consulting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.6%, this is a lower level of debt than the average (55.2%)
6.6% - Bitfield Consulting Limited
55.2% - Industry AVG
BITFIELD CONSULTING LIMITED financials
Bitfield Consulting Limited's latest turnover from February 2024 is estimated at £553.9 thousand and the company has net assets of £314.9 thousand. According to their latest financial statements, Bitfield Consulting Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 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 | 1 | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 159 | 319 | 0 | 0 | 0 | 0 | 0 | 0 | 813 | 299 | 322 | 268 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 159 | 319 | 0 | 0 | 0 | 0 | 0 | 0 | 813 | 299 | 322 | 268 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 331,278 | 311,464 | 265,173 | 269,194 | 284,103 | 289,672 | 235,606 | 187,367 | 162,112 | 130,548 | 71,394 | 25,451 | 1,706 | 2,675 | 10,662 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,683 | 5,684 | 4,863 | 6,176 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,762 | 3,206 | 2,625 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158 | 0 | 0 | 0 |
| total current assets | 336,961 | 317,148 | 270,036 | 275,370 | 284,103 | 289,672 | 235,606 | 187,367 | 162,112 | 130,548 | 71,394 | 25,609 | 8,468 | 5,881 | 13,287 |
| total assets | 336,961 | 317,148 | 270,036 | 275,529 | 284,422 | 289,672 | 235,606 | 187,367 | 162,112 | 130,548 | 71,394 | 26,422 | 8,767 | 6,203 | 13,555 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 22,109 | 28,093 | 14,672 | 16,819 | 38,659 | 95,242 | 81,915 | 71,975 | 69,990 | 45,676 | 26,960 | 23,847 | 19,336 | 7,605 | 11,651 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 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 | 0 |
| total current liabilities | 22,109 | 28,093 | 14,672 | 16,819 | 38,659 | 95,242 | 81,915 | 71,975 | 69,990 | 45,676 | 26,960 | 23,847 | 19,336 | 7,605 | 11,651 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 400 | 400 | 628 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 400 | 400 | 628 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 22,109 | 28,093 | 15,072 | 17,219 | 39,287 | 95,242 | 81,915 | 71,975 | 69,990 | 45,676 | 26,960 | 23,847 | 19,336 | 7,605 | 11,651 |
| net assets | 314,852 | 289,055 | 254,964 | 258,310 | 245,135 | 194,430 | 153,691 | 115,392 | 92,122 | 84,872 | 44,434 | 2,575 | -10,569 | -1,402 | 1,904 |
| total shareholders funds | 314,852 | 289,055 | 254,964 | 258,310 | 245,135 | 194,430 | 153,691 | 115,392 | 92,122 | 84,872 | 44,434 | 2,575 | -10,569 | -1,402 | 1,904 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,128 | 422 | 309 | 2,308 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 19,813 | 47,112 | -5,334 | -8,733 | -5,569 | 54,066 | 48,239 | 25,255 | 31,564 | 59,154 | 45,943 | 23,745 | -969 | -7,987 | 10,662 |
| Creditors | -5,984 | 13,421 | -2,147 | -21,840 | -56,583 | 13,327 | 9,940 | 1,985 | 24,314 | 18,716 | 3,113 | 4,511 | 11,731 | -4,046 | 11,651 |
| Accruals and Deferred Income | 0 | -400 | 0 | -228 | 628 | 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 | 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 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,762 | 3,556 | 581 | 2,625 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,762 | 3,556 | 581 | 2,625 |
bitfield consulting limited Credit Report and Business Information
Bitfield Consulting Limited Competitor Analysis
Perform a competitor analysis for bitfield consulting limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in PL22 area or any other competitors across 12 key performance metrics.
bitfield consulting limited Ownership
BITFIELD CONSULTING LIMITED group structure
Bitfield Consulting Limited has no subsidiary companies.
Ultimate parent company
BITFIELD CONSULTING LIMITED
05363518
bitfield consulting limited directors
Bitfield Consulting Limited currently has 1 director, Mr John Arundel serving since Feb 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Arundel | 52 years | Feb 2005 | - | Director |
P&L
February 2024turnover
553.9k
+9%
operating profit
34.4k
0%
gross margin
24.5%
-8.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
314.9k
+0.09%
total assets
337k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
bitfield consulting limited company details
company number
05363518
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
February 2005
age
20
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
grimshall boconnoc, lostwithiel, cornwall, PL22 0RX
Bank
-
Legal Advisor
-
bitfield consulting 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 bitfield consulting limited.
bitfield consulting limited Capital Raised & Share Issues BETA
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bitfield consulting limited Companies House Filings - See Documents
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