sachien soft limited

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sachien soft limited Company Information

Share SACHIEN SOFT LIMITED

Company Number

06251090

Shareholders

amantha krishna

krishna somasundaram

Group Structure

View All

Industry

Other information technology and computer service activities

 

Registered Address

26 chigwell rise, chigwell, essex, IG7 6AG

Website

-

sachien soft limited Estimated Valuation

£176.3k

Pomanda estimates the enterprise value of SACHIEN SOFT LIMITED at £176.3k based on a Turnover of £336.1k and 0.52x industry multiple (adjusted for size and gross margin).

sachien soft limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SACHIEN SOFT LIMITED at £0 based on an EBITDA of £-6.5k and a 3.57x industry multiple (adjusted for size and gross margin).

sachien soft limited Estimated Valuation

£205k

Pomanda estimates the enterprise value of SACHIEN SOFT LIMITED at £205k based on Net Assets of £91.1k and 2.25x industry multiple (adjusted for liquidity).

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Sachien Soft Limited Overview

Sachien Soft Limited is a live company located in essex, IG7 6AG with a Companies House number of 06251090. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2007, it's largest shareholder is amantha krishna with a 50% stake. Sachien Soft Limited is a established, micro sized company, Pomanda has estimated its turnover at £336.1k with declining growth in recent years.

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Sachien Soft Limited Health Check

Pomanda's financial health check has awarded Sachien Soft Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £336.1k, make it smaller than the average company (£7.5m)

£336.1k - Sachien Soft Limited

£7.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (9%)

-7% - Sachien Soft Limited

9% - Industry AVG

production

Production

with a gross margin of 24.5%, this company has a higher cost of product (48.4%)

24.5% - Sachien Soft Limited

48.4% - Industry AVG

profitability

Profitability

an operating margin of -1.9% make it less profitable than the average company (4%)

-1.9% - Sachien Soft Limited

4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (43)

1 - Sachien Soft Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.5k, the company has an equivalent pay structure (£72.5k)

£72.5k - Sachien Soft Limited

£72.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £336.1k, this is more efficient (£177.1k)

£336.1k - Sachien Soft Limited

£177.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (51 days)

113 days - Sachien Soft Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (35 days)

20 days - Sachien Soft Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sachien Soft Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sachien Soft Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.6%, this is a lower level of debt than the average (62.8%)

13.6% - Sachien Soft Limited

62.8% - Industry AVG

SACHIEN SOFT LIMITED financials

EXPORTms excel logo

Sachien Soft Limited's latest turnover from March 2024 is estimated at £336.1 thousand and the company has net assets of £91.1 thousand. According to their latest financial statements, we estimate that Sachien Soft Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover336,120380,975333,868419,076558,066356,793223,401138,539129,512355,43387,48868,833249,50648,26574,180
Other Income Or Grants
Cost Of Sales253,689284,542249,132317,672426,343267,561163,52599,59692,172250,77061,24647,342170,91833,49050,697
Gross Profit82,43196,43384,735101,404131,72389,23259,87638,94337,340104,66326,24221,49278,58814,77523,483
Admin Expenses88,950106,94699,494145,72784,612-18,35230,39618,493133,378104,9794,21142234,8415,470-11,300
Operating Profit-6,519-10,513-14,759-44,32347,111107,58429,48020,450-96,038-31622,03121,07043,7479,30534,783
Interest Payable
Interest Receivable5413218921926224287
Pre-Tax Profit-6,519-10,513-14,759-44,32347,111107,58429,48020,450-95,984-18422,22121,28944,0099,54734,869
Tax-8,951-20,441-5,601-4,090-5,111-5,109-11,442-2,673-9,763
Profit After Tax-6,519-10,513-14,759-44,32338,16087,14323,87916,360-95,984-18417,11016,18032,5676,87425,106
Dividends Paid
Retained Profit-6,519-10,513-14,759-44,32338,16087,14323,87916,360-95,984-18417,11016,18032,5676,87425,106
Employee Costs72,521138,702131,953125,249118,94460,08257,24455,15153,125106,73951,76049,85650,11348,43948,226
Number Of Employees122221111211111
EBITDA*-6,519-10,513-14,759-44,32347,111107,58429,48020,450-96,038-31622,27621,63344,5169,96735,873

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets8551,0691,3361,6702,0886598241,0301,287222478101,229417
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8551,0691,3361,6702,0886598241,0301,287222478101,229417
Stock & work in progress
Trade Debtors104,52996,787108,848136,782187,906162,64359,03634,37735,461103,64020,90314,55766,73518,847
Group Debtors
Misc Debtors90,05763,927
Cash21,63231,04244,74142,94962,03334,764
misc current assets
total current assets104,52996,787108,848136,782187,906162,64359,03634,37735,461125,272142,002123,225109,68462,03353,611
total assets105,38497,856110,184138,452189,994163,30259,86035,40736,748125,274142,004123,472110,49463,26254,028
Bank overdraft
Bank loan
Trade Creditors 13,98783915,56422,78334,25135,07927,61944,16542,74345,94531,28028,920
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities13,98783915,56422,78334,25135,07927,61944,16542,74345,94531,28028,920
loans
hp & lease commitments
Accruals and Deferred Income3002401,216
other liabilities17,95217,378
provisions
total long term liabilities3002401,21617,95217,378
total liabilities14,2872402,05515,56422,78334,25117,95217,37835,07927,61944,16542,74345,94531,28028,920
net assets91,09797,616108,129122,888167,211129,05141,90818,0291,66997,65597,83980,72964,54931,98225,108
total shareholders funds91,09797,616108,129122,888167,211129,05141,90818,0291,66997,65597,83980,72964,54931,98225,108
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-6,519-10,513-14,759-44,32347,111107,58429,48020,450-96,038-31622,03121,07043,7479,30534,783
Depreciation2455637696621,090
Amortisation
Tax-8,951-20,441-5,601-4,090-5,111-5,109-11,442-2,673-9,763
Stock
Debtors7,742-12,061-27,934-51,12425,263103,60724,659-1,084-68,179-7,32032,47611,74966,735-18,84718,847
Creditors13,987-839-14,725-7,219-11,46834,251-35,0797,460-16,5461,422-3,20214,6652,36028,920
Accruals and Deferred Income60-9761,216
Deferred Taxes & Provisions
Cash flow from operations-214-267-334-4181,42917,787-780-17,635-20,399-9,542-13,8891,573-18,99628,50136,183
Investing Activities
capital expenditure214267334418-1,429165206257-1,285-350-1,474-1,507
Change in Investments
cash flow from investments214267334418-1,429165206257-1,285-350-1,474-1,507
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-17,95257417,378
share issue-22
interest5413218921926224287
cash flow from financing-17,95257417,3785213218921926224289
cash and cash equivalents
cash-21,632-9,410-13,6991,792-19,08427,26934,764
overdraft
change in cash-21,632-9,410-13,6991,792-19,08427,26934,764

sachien soft limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sachien Soft Limited Competitor Analysis

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Perform a competitor analysis for sachien soft limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in IG7 area or any other competitors across 12 key performance metrics.

sachien soft limited Ownership

SACHIEN SOFT LIMITED group structure

Sachien Soft Limited has no subsidiary companies.

Ultimate parent company

SACHIEN SOFT LIMITED

06251090

SACHIEN SOFT LIMITED Shareholders

amantha krishna 50%
krishna somasundaram 50%

sachien soft limited directors

Sachien Soft Limited currently has 2 directors. The longest serving directors include Mr Krishna Somasundaram (Sep 2010) and Ms Anantha Krishna (Jul 2016).

officercountryagestartendrole
Mr Krishna Somasundaram51 years Sep 2010- Director
Ms Anantha Krishna50 years Jul 2016- Director

P&L

March 2024

turnover

336.1k

-12%

operating profit

-6.5k

0%

gross margin

24.6%

-3.11%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

91.1k

-0.07%

total assets

105.4k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

sachien soft limited company details

company number

06251090

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

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

AGA ACCOUNTANTS LIMITED

auditor

-

address

26 chigwell rise, chigwell, essex, IG7 6AG

Bank

-

Legal Advisor

-

sachien soft 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 sachien soft limited.

sachien soft limited 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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sachien soft limited Companies House Filings - See Documents

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