sochitel uk ltd
sochitel uk ltd Company Information
Company Number
05869065
Next Accounts
114 days late
Industry
Other telecommunications activities
Shareholders
idt international telecom inc
jerry chukwudum ejikeme
Group Structure
View All
Contact
Registered Address
ibex house 61 baker street, weybridge, surrey, KT13 8AH
Website
www.sochitel.comsochitel uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SOCHITEL UK LTD at £28.4m based on a Turnover of £30.3m and 0.94x industry multiple (adjusted for size and gross margin).
sochitel uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SOCHITEL UK LTD at £8.3m based on an EBITDA of £2m and a 4.23x industry multiple (adjusted for size and gross margin).
sochitel uk ltd Estimated Valuation
Pomanda estimates the enterprise value of SOCHITEL UK LTD at £4.5m based on Net Assets of £1.8m and 2.53x industry multiple (adjusted for liquidity).
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Sochitel Uk Ltd Overview
Sochitel Uk Ltd is a live company located in surrey, KT13 8AH with a Companies House number of 05869065. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in July 2006, it's largest shareholder is idt international telecom inc with a 75% stake. Sochitel Uk Ltd is a established, large sized company, Pomanda has estimated its turnover at £30.3m with rapid growth in recent years.
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Sochitel Uk Ltd Health Check
Pomanda's financial health check has awarded Sochitel Uk Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £30.3m, make it larger than the average company (£12.9m)
£30.3m - Sochitel Uk Ltd
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (3.2%)
46% - Sochitel Uk Ltd
3.2% - Industry AVG
Production
with a gross margin of 13.9%, this company has a higher cost of product (38.8%)
13.9% - Sochitel Uk Ltd
38.8% - Industry AVG
Profitability
an operating margin of 6.3% make it more profitable than the average company (4.4%)
6.3% - Sochitel Uk Ltd
4.4% - Industry AVG
Employees
with 18 employees, this is below the industry average (50)
18 - Sochitel Uk Ltd
50 - Industry AVG
Pay Structure
on an average salary of £75.3k, the company has an equivalent pay structure (£64.7k)
£75.3k - Sochitel Uk Ltd
£64.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£233.1k)
£1.7m - Sochitel Uk Ltd
£233.1k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (41 days)
24 days - Sochitel Uk Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (44 days)
20 days - Sochitel Uk Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (13 days)
1 days - Sochitel Uk Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Sochitel Uk Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (66.5%)
85.3% - Sochitel Uk Ltd
66.5% - Industry AVG
SOCHITEL UK LTD financials
Sochitel Uk Ltd's latest turnover from December 2022 is £30.3 million and the company has net assets of £1.8 million. According to their latest financial statements, Sochitel Uk Ltd has 18 employees and maintains cash reserves of £37.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 30,281,362 | 20,333,740 | 13,482,092 | 9,752,784 | 7,294,561 | 5,624,631 | 6,117,165 | 3,103,821 | 1,492,395 | 752,628 | 359,385 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 26,066,047 | 18,390,595 | 12,030,789 | 8,563,458 | 6,595,553 | 4,881,820 | 5,287,926 | 2,752,157 | 1,117,671 | 604,158 | 257,242 | ||
| Gross Profit | 4,215,315 | 1,943,145 | 1,451,303 | 1,189,326 | 699,008 | 742,811 | 829,239 | 351,664 | 374,724 | 148,470 | 102,143 | ||
| Admin Expenses | 2,299,029 | 1,438,740 | 1,394,559 | 1,045,667 | 686,481 | 774,956 | 928,485 | 487,727 | 445,415 | 357,142 | 151,659 | ||
| Operating Profit | 1,916,286 | 504,405 | 56,744 | 143,659 | 12,527 | -32,145 | -99,246 | -136,063 | -70,691 | -208,672 | -49,516 | ||
| Interest Payable | 74,554 | 0 | 10,112 | 21,928 | 0 | 0 | 1,364 | 2,702 | 6,114 | 2,009 | |||
| Interest Receivable | 90,349 | 10,921 | 20,559 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 1,932,081 | 515,326 | 67,191 | 121,731 | 12,527 | -32,145 | -100,610 | -138,765 | -76,805 | -208,672 | -51,525 | ||
| Tax | -391,253 | -82,637 | -58,022 | 10,918 | -46,596 | 194,455 | 0 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | 1,540,828 | 432,689 | 9,169 | 132,649 | -34,069 | 162,310 | -100,610 | -138,765 | -76,805 | -208,672 | -51,525 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 1,540,828 | 432,689 | 9,169 | 132,649 | -34,069 | 162,310 | -100,610 | -138,765 | -76,805 | -208,672 | -51,525 | ||
| Employee Costs | 1,355,463 | 849,897 | 641,882 | 562,702 | 297,061 | ||||||||
| Number Of Employees | 18 | 15 | 17 | 12 | 6 | 7 | 7 | ||||||
| EBITDA* | 1,950,278 | 539,908 | 105,283 | 179,364 | 37,827 | 29,041 | -18,907 | -90,058 | -65,655 | -201,957 | -43,930 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,335 | 6,077 | 15,563 | 30,006 | 4,147 | 4,732 | 4,334 | 6,935 | 102,242 | 75,099 | 61,970 | 61,910 | 16,759 |
| Intangible Assets | 204,033 | 176,485 | 142,539 | 117,352 | 103,851 | 216,539 | 236,397 | 273,470 | 199,900 | 199,900 | 0 | 0 | 0 |
| Investments & Other | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 22,178 | 102,740 | 158,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 215,868 | 207,240 | 263,342 | 308,635 | 110,498 | 223,771 | 243,231 | 282,905 | 302,142 | 274,999 | 61,970 | 61,910 | 16,759 |
| Stock & work in progress | 141,804 | 322,325 | 157,088 | 98,104 | 87,571 | 0 | 0 | 0 | 53,319 | 58,475 | 23,208 | 2,130 | 17,309 |
| Trade Debtors | 2,011,835 | 1,197,846 | 350,626 | 259,343 | 31,240 | 45,523 | 39,427 | 46,617 | 56,228 | 41,133 | 6,435 | 10,850 | 5,765 |
| Group Debtors | 9,454,877 | 3,448,448 | 0 | 125,066 | 353,348 | 91,652 | 68,422 | 0 | 0 | 0 | 0 | 150,362 | 152,236 |
| Misc Debtors | 274,762 | 139,053 | 203,568 | 206,240 | 260,880 | 316,356 | 198,831 | 88,417 | 3,927 | 7,188 | 12,203 | 20,479 | 2,707 |
| Cash | 37,588 | 433,542 | 72,790 | 80,019 | 76,608 | 56,752 | 63,442 | 26,854 | 19,967 | 12,120 | 8,265 | 6,899 | 180 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,920,866 | 5,541,214 | 784,072 | 768,772 | 809,647 | 510,283 | 370,122 | 161,888 | 133,441 | 118,916 | 50,111 | 190,720 | 178,197 |
| total assets | 12,136,734 | 5,748,454 | 1,047,414 | 1,077,407 | 920,145 | 734,054 | 613,353 | 444,793 | 435,583 | 393,915 | 112,081 | 252,630 | 194,956 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,015 | 315 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,458,520 | 264,836 | 338,202 | 550,744 | 678,820 | 509,596 | 406,077 | 392,973 | 473,509 | 264,326 | 280,150 | 102,845 | 64,961 |
| Group/Directors Accounts | 7,771,078 | 3,976,286 | 446,446 | 123,143 | 76,302 | 0 | 0 | 90,871 | 0 | 0 | 0 | 105,393 | 140,722 |
| other short term finances | 0 | 0 | 5,625 | 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 |
| other current liabilities | 1,047,937 | 1,188,961 | 448,393 | 603,941 | 404,833 | 301,889 | 447,017 | 134,938 | 0 | 27,864 | 0 | 360,101 | 103,010 |
| total current liabilities | 10,277,535 | 5,430,083 | 1,238,666 | 1,277,828 | 1,159,955 | 811,485 | 853,094 | 618,782 | 473,509 | 292,190 | 280,150 | 575,354 | 309,008 |
| loans | 76,934 | 76,934 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 365,142 | 362,440 | 362,014 | 303,988 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 76,934 | 76,934 | 0 | 0 | 0 | 0 | 0 | 365,142 | 362,440 | 362,014 | 303,988 | 0 | 0 |
| total liabilities | 10,354,469 | 5,507,017 | 1,238,666 | 1,277,828 | 1,159,955 | 811,485 | 853,094 | 983,924 | 835,949 | 654,204 | 584,138 | 575,354 | 309,008 |
| net assets | 1,782,265 | 241,437 | -191,252 | -200,421 | -239,810 | -77,431 | -239,741 | -539,131 | -400,366 | -260,289 | -472,057 | -322,724 | -114,052 |
| total shareholders funds | 1,782,265 | 241,437 | -191,252 | -200,421 | -239,810 | -77,431 | -239,741 | -539,131 | -400,366 | -260,289 | -472,057 | -322,724 | -114,052 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 1,916,286 | 504,405 | 56,744 | 143,659 | 12,527 | -32,145 | -99,246 | -136,063 | -70,691 | -208,672 | -49,516 | ||
| Depreciation | 2,692 | 10,328 | 14,443 | 7,537 | 1,299 | 1,369 | 2,601 | 2,312 | 3,083 | 3,777 | 5,036 | 6,715 | 5,586 |
| Amortisation | 31,300 | 25,175 | 34,096 | 28,168 | 24,001 | 59,817 | 77,738 | 43,693 | 0 | 0 | 0 | 0 | 0 |
| Tax | -391,253 | -82,637 | -58,022 | 10,918 | -46,596 | 194,455 | 0 | 0 | 0 | 0 | 0 | ||
| Stock | -180,521 | 165,237 | 58,984 | 10,533 | 87,571 | 0 | 0 | -53,319 | -5,156 | 35,267 | 21,078 | -15,179 | 17,309 |
| Debtors | 6,933,949 | 4,150,591 | -92,492 | 103,958 | 191,937 | 146,851 | 171,646 | 74,879 | 11,834 | 29,683 | -163,053 | 20,983 | 160,708 |
| Creditors | 1,193,684 | -73,366 | -212,542 | -128,076 | 169,224 | 103,519 | 13,104 | -80,536 | 209,183 | -15,824 | 177,305 | 37,884 | 64,961 |
| Accruals and Deferred Income | -141,024 | 740,568 | -155,548 | 199,108 | 102,944 | -145,128 | 312,079 | 134,938 | -27,864 | 27,864 | -360,101 | 257,091 | 103,010 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,141,743 | -3,191,355 | -287,321 | 146,823 | -16,109 | 35,036 | 134,630 | -57,216 | -106,476 | 87,214 | -53,976 | ||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,500 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | ||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,794,792 | 3,529,840 | 323,303 | 46,841 | 76,302 | 0 | -90,871 | 90,871 | 0 | 0 | -105,393 | -35,329 | 140,722 |
| Other Short Term Loans | 0 | -5,625 | 5,625 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 76,934 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -365,142 | 2,702 | 426 | 58,026 | 303,988 | 0 | 0 |
| share issue | |||||||||||||
| interest | 15,795 | 10,921 | 10,447 | -21,928 | 0 | 0 | -1,364 | -2,702 | -6,114 | -2,009 | |||
| cash flow from financing | 3,810,587 | 3,612,070 | 339,375 | -68,347 | -52,008 | 0 | -57,377 | 90,871 | 119,953 | 76,186 | |||
| cash and cash equivalents | |||||||||||||
| cash | -395,954 | 360,752 | -7,229 | 3,411 | 19,856 | -6,690 | 36,588 | 6,887 | 7,847 | 3,855 | 1,366 | 6,719 | 180 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,015 | 6,700 | 315 |
| change in cash | -395,954 | 360,752 | -7,229 | 3,411 | 19,856 | -6,690 | 36,588 | 6,887 | 7,847 | 3,855 | 8,381 | 19 | -135 |
sochitel uk ltd Credit Report and Business Information
Sochitel Uk Ltd Competitor Analysis
Perform a competitor analysis for sochitel uk ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in KT13 area or any other competitors across 12 key performance metrics.
sochitel uk ltd Ownership
SOCHITEL UK LTD group structure
Sochitel Uk Ltd has no subsidiary companies.
Ultimate parent company
IDT INTERNATIONAL TELECOM INC
#0132026
1 parent
SOCHITEL UK LTD
05869065
sochitel uk ltd directors
Sochitel Uk Ltd currently has 7 directors. The longest serving directors include Mr Jerry Ejikeme (Jul 2006) and Mr Marcelo Fischer (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jerry Ejikeme | England | 54 years | Jul 2006 | - | Director |
| Mr Marcelo Fischer | England | 57 years | Dec 2020 | - | Director |
| Mr Samuel Jonas | England | 43 years | Dec 2020 | - | Director |
| Mr Nicholas Ford | England | 60 years | Dec 2020 | - | Director |
| Mr Marcelo Fischer | England | 57 years | Dec 2020 | - | Director |
| Mr Francis Nwoboshi | United Kingdom | 47 years | Feb 2021 | - | Director |
| Mr Abilio Pereira | United States | 59 years | Feb 2024 | - | Director |
P&L
December 2022turnover
30.3m
+49%
operating profit
1.9m
+280%
gross margin
14%
+45.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.8m
+6.38%
total assets
12.1m
+1.11%
cash
37.6k
-0.91%
net assets
Total assets minus all liabilities
sochitel uk ltd company details
company number
05869065
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
July 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
sochi tel uk ltd (March 2007)
accountant
-
auditor
MGI MIDGLEY SNELLING LLP
address
ibex house 61 baker street, weybridge, surrey, KT13 8AH
Bank
THE ACCESS BANK UK LIMITED
Legal Advisor
-
sochitel uk ltd 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 sochitel uk ltd.
sochitel uk ltd Capital Raised & Share Issues BETA
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sochitel uk ltd Companies House Filings - See Documents
| date | description | view/download |
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