strategic it partnership ltd
strategic it partnership ltd Company Information
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
47 moretons, galleywood, chelmsford, essex, CM2 8RG
Website
www.spartnerships.comstrategic it partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of STRATEGIC IT PARTNERSHIP LTD at £152.8k based on a Turnover of £277.3k and 0.55x industry multiple (adjusted for size and gross margin).
strategic it partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of STRATEGIC IT PARTNERSHIP LTD at £151.2k based on an EBITDA of £40.2k and a 3.76x industry multiple (adjusted for size and gross margin).
strategic it partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of STRATEGIC IT PARTNERSHIP LTD at £222k based on Net Assets of £98.3k and 2.26x industry multiple (adjusted for liquidity).
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Strategic It Partnership Ltd Overview
Strategic It Partnership Ltd is a live company located in essex, CM2 8RG with a Companies House number of 06240728. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2007, it's largest shareholder is mr kevin james rounce with a 100% stake. Strategic It Partnership Ltd is a established, micro sized company, Pomanda has estimated its turnover at £277.3k with rapid growth in recent years.
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Strategic It Partnership Ltd Health Check
Pomanda's financial health check has awarded Strategic It Partnership Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £277.3k, make it smaller than the average company (£6.7m)
- Strategic It Partnership Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (6.7%)
- Strategic It Partnership Ltd
6.7% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (50.1%)
- Strategic It Partnership Ltd
50.1% - Industry AVG
Profitability
an operating margin of 14.5% make it more profitable than the average company (3.4%)
- Strategic It Partnership Ltd
3.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (40)
2 - Strategic It Partnership Ltd
40 - Industry AVG
Pay Structure
on an average salary of £70.7k, the company has an equivalent pay structure (£70.7k)
- Strategic It Partnership Ltd
£70.7k - Industry AVG
Efficiency
resulting in sales per employee of £138.6k, this is less efficient (£173.2k)
- Strategic It Partnership Ltd
£173.2k - Industry AVG
Debtor Days
it gets paid by customers after 140 days, this is later than average (54 days)
- Strategic It Partnership Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (35 days)
- Strategic It Partnership Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Strategic It Partnership Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Strategic It Partnership Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.1%, this is a lower level of debt than the average (63.3%)
16.1% - Strategic It Partnership Ltd
63.3% - Industry AVG
STRATEGIC IT PARTNERSHIP LTD financials
Strategic It Partnership Ltd's latest turnover from May 2023 is estimated at £277.3 thousand and the company has net assets of £98.3 thousand. According to their latest financial statements, Strategic It Partnership Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 2 | 2 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,796 | 2,400 | 1,616 | 943 | 1,503 | 2,361 | 1,941 | 977 | 358 | 84 | 180 | 596 | 473 | 518 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,796 | 2,400 | 1,616 | 943 | 1,503 | 2,361 | 1,941 | 977 | 358 | 84 | 180 | 596 | 473 | 518 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 106,415 | 42,812 | 53,963 | 7,260 | 48,665 | 11,335 | 31,543 | 3,122 | 12,146 | 10,870 | 1,703 | 13,228 | 4,752 | 11,582 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,942 | 40,243 | 7,665 | 7,792 | 0 | 7,372 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,747 | 48,234 | 72,136 | 45,728 | 73,777 | 58,599 | 9,363 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 950 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 114,357 | 83,055 | 61,628 | 15,052 | 48,665 | 18,707 | 32,493 | 22,869 | 60,380 | 83,006 | 47,431 | 87,005 | 63,351 | 20,945 |
| total assets | 117,153 | 85,455 | 63,244 | 15,995 | 50,168 | 21,068 | 34,434 | 23,846 | 60,738 | 83,090 | 47,611 | 87,601 | 63,824 | 21,463 |
| Bank overdraft | 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 |
| Trade Creditors | 18,884 | 17,303 | 20,208 | 6,677 | 25,939 | 20,667 | 20,809 | 14,917 | 21,449 | 20,712 | 17,646 | 19,921 | 22,886 | 9,764 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 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 |
| total current liabilities | 18,884 | 17,303 | 20,208 | 6,677 | 25,939 | 20,667 | 20,809 | 14,917 | 21,449 | 20,712 | 17,646 | 19,921 | 22,886 | 9,764 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 90 | 0 | 400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 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 |
| total long term liabilities | 0 | 0 | 0 | 90 | 0 | 400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 18,884 | 17,303 | 20,208 | 6,767 | 25,939 | 21,067 | 20,809 | 14,917 | 21,449 | 20,712 | 17,646 | 19,921 | 22,886 | 9,764 |
| net assets | 98,269 | 68,152 | 43,036 | 9,228 | 24,229 | 1 | 13,625 | 8,929 | 39,289 | 62,378 | 29,965 | 67,680 | 40,938 | 11,699 |
| total shareholders funds | 98,269 | 68,152 | 43,036 | 9,228 | 24,229 | 1 | 13,625 | 8,929 | 39,289 | 62,378 | 29,965 | 67,680 | 40,938 | 11,699 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 609 | 200 | 221 | 416 | 416 | 755 | 943 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 31,302 | 21,427 | 46,576 | -33,613 | 29,958 | -12,836 | 28,421 | -9,024 | 1,276 | 9,167 | -11,525 | 8,476 | -6,830 | 11,582 |
| Creditors | 1,581 | -2,905 | 13,531 | -19,262 | 5,272 | -142 | 5,892 | -6,532 | 737 | 3,066 | -2,275 | -2,965 | 13,122 | 9,764 |
| Accruals and Deferred Income | 0 | 0 | -90 | 90 | -400 | 400 | 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 |
| 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 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -19,747 | -28,487 | -23,902 | 26,408 | -28,049 | 15,178 | 49,236 | 9,363 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -19,747 | -28,487 | -23,902 | 26,408 | -28,049 | 15,178 | 49,236 | 9,363 |
strategic it partnership ltd Credit Report and Business Information
Strategic It Partnership Ltd Competitor Analysis
Perform a competitor analysis for strategic it partnership ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CM2 area or any other competitors across 12 key performance metrics.
strategic it partnership ltd Ownership
STRATEGIC IT PARTNERSHIP LTD group structure
Strategic It Partnership Ltd has no subsidiary companies.
Ultimate parent company
STRATEGIC IT PARTNERSHIP LTD
06240728
strategic it partnership ltd directors
Strategic It Partnership Ltd currently has 1 director, Mr Kevin Rounce serving since May 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Rounce | 49 years | May 2007 | - | Director |
P&L
May 2023turnover
277.3k
+84%
operating profit
40.2k
0%
gross margin
25.7%
-1.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
98.3k
+0.44%
total assets
117.2k
+0.37%
cash
0
0%
net assets
Total assets minus all liabilities
strategic it partnership ltd company details
company number
06240728
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
May 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
bigukshop limited (October 2009)
accountant
MYACCOUNTANT CO UK LIMITED
auditor
-
address
47 moretons, galleywood, chelmsford, essex, CM2 8RG
Bank
-
Legal Advisor
-
strategic it partnership 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 strategic it partnership ltd.
strategic it partnership ltd Capital Raised & Share Issues BETA
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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strategic it partnership ltd Companies House Filings - See Documents
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