
Company Number
05566912
Next Accounts
Jun 2026
Shareholders
ian barnes
peter childs
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
8 iver lodge bangors road south, iver, buckinghamshire, SL0 0AW
Website
www.prosolveit.comPomanda estimates the enterprise value of PROSOLVEIT LTD at £68.8k based on a Turnover of £134.6k and 0.51x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROSOLVEIT LTD at £0 based on an EBITDA of £0 and a 3.29x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROSOLVEIT LTD at £0 based on Net Assets of £-76 and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prosolveit Ltd is a live company located in buckinghamshire, SL0 0AW with a Companies House number of 05566912. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2005, it's largest shareholder is ian barnes with a 50% stake. Prosolveit Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £134.6k with healthy growth in recent years.
Pomanda's financial health check has awarded Prosolveit Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £134.6k, make it smaller than the average company (£8.3m)
- Prosolveit Ltd
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.4%)
- Prosolveit Ltd
9.4% - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (50.1%)
- Prosolveit Ltd
50.1% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Prosolveit Ltd
- - Industry AVG
Employees
with 2 employees, this is below the industry average (47)
2 - Prosolveit Ltd
47 - Industry AVG
Pay Structure
on an average salary of £74.8k, the company has an equivalent pay structure (£74.8k)
- Prosolveit Ltd
£74.8k - Industry AVG
Efficiency
resulting in sales per employee of £67.3k, this is less efficient (£182.8k)
- Prosolveit Ltd
£182.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Prosolveit Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- Prosolveit Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Prosolveit Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prosolveit Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Prosolveit Ltd
- - Industry AVG
Prosolveit Ltd's latest turnover from September 2024 is estimated at £134.6 thousand and the company has net assets of -£76. According to their latest financial statements, Prosolveit Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | 2 | 2 | 2 | 2 | 2 | |||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 520 | 1,040 | 1 | 1 | 1 | 1 | 615 | 1,232 | 1,988 | 301 | ||||||
Intangible Assets | ||||||||||||||||
Investments & Other | 300 | 300 | ||||||||||||||
Debtors (Due After 1 year) | 5,400 | 3,645 | ||||||||||||||
Total Fixed Assets | 520 | 1,040 | 1 | 1 | 1 | 1 | 615 | 6,932 | 2,288 | 3,946 | ||||||
Stock & work in progress | ||||||||||||||||
Trade Debtors | 1,589 | 3,113 | 11,168 | 56,857 | 15,053 | 402 | 10,917 | 300 | 21,583 | 165 | ||||||
Group Debtors | ||||||||||||||||
Misc Debtors | 178 | |||||||||||||||
Cash | 23,507 | 12,422 | 2,931 | 1,304 | 4,994 | 7,345 | 28,613 | 22,622 | ||||||||
misc current assets | ||||||||||||||||
total current assets | 1,589 | 3,113 | 11,168 | 80,364 | 27,475 | 3,333 | 12,221 | 5,294 | 7,523 | 50,196 | 22,787 | |||||
total assets | 2,109 | 4,153 | 11,168 | 80,365 | 27,476 | 3,334 | 12,222 | 5,909 | 14,455 | 52,484 | 26,733 | |||||
Bank overdraft | ||||||||||||||||
Bank loan | ||||||||||||||||
Trade Creditors | 76 | 76 | 76 | 76 | 76 | 1,665 | 686 | 1,789 | 60,060 | 30,527 | 11,399 | 18,921 | 11,472 | 11,537 | 21,224 | 12,363 |
Group/Directors Accounts | ||||||||||||||||
other short term finances | ||||||||||||||||
hp & lease commitments | ||||||||||||||||
other current liabilities | ||||||||||||||||
total current liabilities | 76 | 76 | 76 | 76 | 76 | 1,665 | 686 | 1,789 | 60,060 | 30,527 | 11,399 | 18,921 | 11,472 | 11,537 | 21,224 | 12,363 |
loans | ||||||||||||||||
hp & lease commitments | ||||||||||||||||
Accruals and Deferred Income | ||||||||||||||||
other liabilities | ||||||||||||||||
provisions | ||||||||||||||||
total long term liabilities | ||||||||||||||||
total liabilities | 76 | 76 | 76 | 76 | 76 | 1,665 | 686 | 1,789 | 60,060 | 30,527 | 11,399 | 18,921 | 11,472 | 11,537 | 21,224 | 12,363 |
net assets | -76 | -76 | -76 | -76 | -76 | 444 | 3,467 | 9,379 | 20,305 | -3,051 | -8,065 | -6,699 | -5,563 | 2,918 | 31,260 | 14,370 |
total shareholders funds | -76 | -76 | -76 | -76 | -76 | 444 | 3,467 | 9,379 | 20,305 | -3,051 | -8,065 | -6,699 | -5,563 | 2,918 | 31,260 | 14,370 |
Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||
Operating Profit | ||||||||||||||||
Depreciation | 614 | 617 | 756 | 767 | 1,039 | |||||||||||
Amortisation | ||||||||||||||||
Tax | ||||||||||||||||
Stock | ||||||||||||||||
Debtors | -1,589 | -1,524 | -8,055 | -45,689 | 41,804 | 14,651 | -10,515 | 10,617 | -5,278 | -16,005 | 17,773 | 3,810 | ||||
Creditors | -1,589 | 979 | -1,103 | -58,271 | 29,533 | 19,128 | -7,522 | 7,449 | -65 | -9,687 | 8,861 | 12,363 | ||||
Accruals and Deferred Income | ||||||||||||||||
Deferred Taxes & Provisions | ||||||||||||||||
Cash flow from operations | ||||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | -300 | 300 | ||||||||||||||
cash flow from investments | ||||||||||||||||
Financing Activities | ||||||||||||||||
Bank loans | ||||||||||||||||
Group/Directors Accounts | ||||||||||||||||
Other Short Term Loans | ||||||||||||||||
Long term loans | ||||||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||||
other long term liabilities | ||||||||||||||||
share issue | ||||||||||||||||
interest | ||||||||||||||||
cash flow from financing | ||||||||||||||||
cash and cash equivalents | ||||||||||||||||
cash | -23,507 | 11,085 | 9,491 | 1,627 | -3,690 | -2,351 | -21,268 | 5,991 | 22,622 | |||||||
overdraft | ||||||||||||||||
change in cash | -23,507 | 11,085 | 9,491 | 1,627 | -3,690 | -2,351 | -21,268 | 5,991 | 22,622 |
Perform a competitor analysis for prosolveit ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SL0 area or any other competitors across 12 key performance metrics.
PROSOLVEIT LTD group structure
Prosolveit Ltd has no subsidiary companies.
Ultimate parent company
PROSOLVEIT LTD
05566912
Prosolveit Ltd currently has 2 directors. The longest serving directors include Mr Peter Childs (Sep 2005) and Mrs Paula Childs (Aug 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Peter Childs | United Kingdom | 72 years | Sep 2005 | - | Director |
Mrs Paula Childs | 63 years | Aug 2015 | - | Director |
P&L
September 2024turnover
134.6k
+6%
operating profit
0
0%
gross margin
25.3%
-0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
-76
0%
total assets
0
0%
cash
0
0%
net assets
Total assets minus all liabilities
company number
05566912
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 2005
age
20
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
-
address
8 iver lodge bangors road south, iver, buckinghamshire, SL0 0AW
Bank
-
Legal Advisor
-
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 prosolveit ltd.
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.
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