milestone systems uk ltd
milestone systems uk ltd Company Information
Company Number
05912168
Website
www.milestonesys.comRegistered Address
c/o cosec direct ltd,, 837 salisbury house, london, EC2M 5QQ
Industry
Computer consultancy activities
Telephone
01184024726
Next Accounts Due
September 2025
Group Structure
View All
Directors
Lars Larsen8 Years
Shareholders
milestone systems a/s 100%
milestone systems uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MILESTONE SYSTEMS UK LTD at £2.4m based on a Turnover of £3.4m and 0.72x industry multiple (adjusted for size and gross margin).
milestone systems uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MILESTONE SYSTEMS UK LTD at £757.2k based on an EBITDA of £145.7k and a 5.2x industry multiple (adjusted for size and gross margin).
milestone systems uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MILESTONE SYSTEMS UK LTD at £260.8k based on Net Assets of £115.9k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Milestone Systems Uk Ltd Overview
Milestone Systems Uk Ltd is a live company located in london, EC2M 5QQ with a Companies House number of 05912168. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in August 2006, it's largest shareholder is milestone systems a/s with a 100% stake. Milestone Systems Uk Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.4m with high growth in recent years.
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Milestone Systems Uk Ltd Health Check
Pomanda's financial health check has awarded Milestone Systems Uk Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
2 Weak
Size
annual sales of £3.4m, make it larger than the average company (£1.9m)
£3.4m - Milestone Systems Uk Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (8%)
26% - Milestone Systems Uk Ltd
8% - Industry AVG
Production
with a gross margin of 45.3%, this company has a comparable cost of product (45.3%)
45.3% - Milestone Systems Uk Ltd
45.3% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (6.8%)
4.2% - Milestone Systems Uk Ltd
6.8% - Industry AVG
Employees
with 19 employees, this is above the industry average (15)
19 - Milestone Systems Uk Ltd
15 - Industry AVG
Pay Structure
on an average salary of £58.4k, the company has an equivalent pay structure (£58.4k)
- Milestone Systems Uk Ltd
£58.4k - Industry AVG
Efficiency
resulting in sales per employee of £177.8k, this is more efficient (£135.2k)
£177.8k - Milestone Systems Uk Ltd
£135.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Milestone Systems Uk Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Milestone Systems Uk Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Milestone Systems Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (18 weeks)
57 weeks - Milestone Systems Uk Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78%, this is a higher level of debt than the average (56.8%)
78% - Milestone Systems Uk Ltd
56.8% - Industry AVG
MILESTONE SYSTEMS UK LTD financials
Milestone Systems Uk Ltd's latest turnover from December 2023 is £3.4 million and the company has net assets of £115.9 thousand. According to their latest financial statements, Milestone Systems Uk Ltd has 19 employees and maintains cash reserves of £434.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,377,526 | 2,990,876 | 2,115,461 | 1,700,237 | 1,730,431 | 1,358,135 | 1,260,263 | 1,197,712 | 883,790 | 777,266 | 907,848 | 677,124 | 651,848 | 155,208 | 100,977 |
| Other Income Or Grants | 0 | ||||||||||||||
| Cost Of Sales | 0 | ||||||||||||||
| Gross Profit | 100,977 | ||||||||||||||
| Admin Expenses | 243,193 | ||||||||||||||
| Operating Profit | 140,397 | 98,010 | 107,815 | 68,745 | 67,915 | 52,290 | 48,921 | 156,765 | 101,022 | 82,320 | 110,091 | -142,916 | 62,757 | -196,058 | -142,216 |
| Interest Payable | 14,267 | 15,360 | 4,111 | 6,598 | 5,294 | 9,203 | 13,856 | 16,106 | 21,886 | 25,075 | 41,178 | 35,702 | 34,922 | 7,955 | 5,261 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 109 | 0 | 0 | 0 |
| Pre-Tax Profit | 126,130 | 82,650 | 103,704 | 62,147 | 62,621 | 43,087 | 35,065 | 140,659 | 79,136 | 57,245 | 68,913 | -178,509 | 27,835 | -204,013 | -147,477 |
| Tax | -43,846 | -26,954 | -20,013 | -7,313 | -18,047 | -12,135 | 30,028 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 82,284 | 55,696 | 83,691 | 54,834 | 44,574 | 30,952 | 65,093 | 140,659 | 79,136 | 57,245 | 68,913 | -178,509 | 27,835 | -204,013 | -147,477 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 82,284 | 55,696 | 83,691 | 54,834 | 44,574 | 30,952 | 65,093 | 140,659 | 79,136 | 57,245 | 68,913 | -178,509 | 27,835 | -204,013 | -147,477 |
| Employee Costs | 496,698 | 404,045 | 468,161 | 508,293 | 367,384 | 211,079 | 131,576 | ||||||||
| Number Of Employees | 19 | 19 | 15 | 14 | 13 | 9 | 8 | 7 | 6 | 6 | 6 | 6 | 4 | 4 | |
| EBITDA* | 145,701 | 98,010 | 107,815 | 68,745 | 67,915 | 52,290 | 48,921 | 156,765 | 101,022 | 82,320 | 110,091 | -142,916 | 62,757 | -196,058 | -142,216 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,723 | 10,027 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 107,117 | 56,588 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,723 | 117,144 | 56,588 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,404 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,072 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 88,629 | 89,978 | 49,822 | 55,763 | 51,045 | 30,136 | 62,827 | 14,916 | 104,378 | 3 | 81,365 | 85,435 | 62,305 | 21,197 | 0 |
| Cash | 434,262 | 154,592 | 87,108 | 104,458 | 53,640 | 37,212 | 25,310 | 45,854 | 18,100 | 32,680 | 15,659 | 34,143 | 20,225 | 0 | 3,017 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,065 |
| total current assets | 522,891 | 244,570 | 136,930 | 160,221 | 104,685 | 67,348 | 88,137 | 60,770 | 122,478 | 75,159 | 97,024 | 119,578 | 82,530 | 21,197 | 39,082 |
| total assets | 527,614 | 361,714 | 193,518 | 160,221 | 104,685 | 67,348 | 88,137 | 60,770 | 122,478 | 75,159 | 97,024 | 119,578 | 82,530 | 21,197 | 39,082 |
| 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 | 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 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 | 390,739 | 328,089 | 215,589 | 147,165 | 141,393 | 133,499 | 109,061 | 72,214 | 73,214 | 66,597 | 34,932 | 121,775 | 37,482 | 28,492 | 14,866 |
| total current liabilities | 390,739 | 328,089 | 215,589 | 147,165 | 141,393 | 133,499 | 109,061 | 72,214 | 73,214 | 66,597 | 34,932 | 121,775 | 37,482 | 28,492 | 14,866 |
| loans | 20,966 | 0 | 0 | 118,818 | 123,888 | 139,019 | 215,198 | 289,771 | 491,138 | 529,572 | 640,347 | 644,971 | 513,707 | 489,199 | 316,696 |
| hp & lease commitments | 0 | 0 | 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 | 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 | 20,966 | 0 | 0 | 118,818 | 123,888 | 139,019 | 215,198 | 289,771 | 491,138 | 529,572 | 640,347 | 644,971 | 513,707 | 489,199 | 316,696 |
| total liabilities | 411,705 | 328,089 | 215,589 | 265,983 | 265,281 | 272,518 | 324,259 | 361,985 | 564,352 | 596,169 | 675,279 | 766,746 | 551,189 | 517,691 | 331,562 |
| net assets | 115,909 | 33,625 | -22,071 | -105,762 | -160,596 | -205,170 | -236,122 | -301,215 | -441,874 | -521,010 | -578,255 | -647,168 | -468,659 | -496,494 | -292,480 |
| total shareholders funds | 115,909 | 33,625 | -22,071 | -105,762 | -160,596 | -205,170 | -236,122 | -301,215 | -441,874 | -521,010 | -578,255 | -647,168 | -468,659 | -496,494 | -292,480 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 140,397 | 98,010 | 107,815 | 68,745 | 67,915 | 52,290 | 48,921 | 156,765 | 101,022 | 82,320 | 110,091 | -142,916 | 62,757 | -196,058 | -142,216 |
| Depreciation | 5,304 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -43,846 | -26,954 | -20,013 | -7,313 | -18,047 | -12,135 | 30,028 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -108,466 | 90,685 | 50,647 | 4,718 | 20,909 | -32,691 | 47,911 | -89,462 | 61,899 | -38,886 | -4,070 | 23,130 | 41,108 | 21,197 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 62,650 | 112,500 | 68,424 | 5,772 | 7,894 | 24,438 | 36,847 | -1,000 | 6,617 | 31,665 | -86,843 | 84,293 | 8,990 | 13,626 | 14,866 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 272,971 | 92,871 | 105,579 | 62,486 | 36,853 | 97,284 | 67,885 | 245,227 | 45,740 | 152,871 | 27,318 | -81,753 | 30,639 | -203,629 | -127,350 |
| 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 | 20,966 | 0 | -118,818 | -5,070 | -15,131 | -76,179 | -74,573 | -201,367 | -38,434 | -110,775 | -4,624 | 131,264 | 24,508 | 172,503 | 316,696 |
| 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 | -14,267 | -15,360 | -4,111 | -6,598 | -5,294 | -9,203 | -13,856 | -16,106 | -21,886 | -25,075 | -41,178 | -35,593 | -34,922 | -7,955 | -5,261 |
| cash flow from financing | 6,699 | -15,360 | -122,929 | -11,668 | -20,425 | -85,382 | -88,429 | -217,473 | -60,320 | -135,850 | -45,802 | 95,671 | -10,414 | 164,547 | 166,432 |
| cash and cash equivalents | |||||||||||||||
| cash | 279,670 | 67,484 | -17,350 | 50,818 | 16,428 | 11,902 | -20,544 | 27,754 | -14,580 | 17,021 | -18,484 | 13,918 | 20,225 | -3,017 | 3,017 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 279,670 | 67,484 | -17,350 | 50,818 | 16,428 | 11,902 | -20,544 | 27,754 | -14,580 | 17,021 | -18,484 | 13,918 | 20,225 | -3,017 | 3,017 |
milestone systems uk ltd Credit Report and Business Information
Milestone Systems Uk Ltd Competitor Analysis
Perform a competitor analysis for milestone systems uk ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC2M area or any other competitors across 12 key performance metrics.
milestone systems uk ltd Ownership
MILESTONE SYSTEMS UK LTD group structure
Milestone Systems Uk Ltd has no subsidiary companies.
Ultimate parent company
CANON INC
#0002754
MILESTONE SYSTEMS AS
#0075826
2 parents
MILESTONE SYSTEMS UK LTD
05912168
milestone systems uk ltd directors
Milestone Systems Uk Ltd currently has 1 director, Mr Lars Larsen serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lars Larsen | Denmark | 60 years | Nov 2015 | - | Director |
P&L
December 2023turnover
3.4m
+13%
operating profit
140.4k
+43%
gross margin
45.4%
-1.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
115.9k
+2.45%
total assets
527.6k
+0.46%
cash
434.3k
+1.81%
net assets
Total assets minus all liabilities
Similar Companies
milestone systems uk ltd company details
company number
05912168
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
August 2006
age
18
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
cd (20) limited (October 2006)
accountant
-
auditor
KROGH & PARTNERS LIMTIED
address
c/o cosec direct ltd,, 837 salisbury house, london, EC2M 5QQ
Bank
-
Legal Advisor
-
milestone systems 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 milestone systems uk ltd.
milestone systems uk ltd Companies House Filings - See Documents
| date | description | view/download |
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