tri-it limited
tri-it limited Company Information
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
fairgate house 205 kings road, tyseley, birmingham, west midlands, B11 2AA
Website
http://tri-it.co.uktri-it limited Estimated Valuation
Pomanda estimates the enterprise value of TRI-IT LIMITED at £166.4k based on a Turnover of £233.5k and 0.71x industry multiple (adjusted for size and gross margin).
tri-it limited Estimated Valuation
Pomanda estimates the enterprise value of TRI-IT LIMITED at £0 based on an EBITDA of £-2.4k and a 4.85x industry multiple (adjusted for size and gross margin).
tri-it limited Estimated Valuation
Pomanda estimates the enterprise value of TRI-IT LIMITED at £34.8k based on Net Assets of £15.5k and 2.25x industry multiple (adjusted for liquidity).
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Tri-it Limited Overview
Tri-it Limited is a live company located in birmingham, B11 2AA with a Companies House number of 06561671. It operates in the other information technology service activities sector, SIC Code 62090. Founded in April 2008, it's largest shareholder is vikash mohan with a 100% stake. Tri-it Limited is a established, micro sized company, Pomanda has estimated its turnover at £233.5k with low growth in recent years.
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Tri-it Limited Health Check
Pomanda's financial health check has awarded Tri-It Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £233.5k, make it smaller than the average company (£6.9m)
- Tri-it Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.8%)
- Tri-it Limited
6.8% - Industry AVG
Production
with a gross margin of 50.3%, this company has a comparable cost of product (50.3%)
- Tri-it Limited
50.3% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (3.5%)
- Tri-it Limited
3.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (42)
2 - Tri-it Limited
42 - Industry AVG
Pay Structure
on an average salary of £71.6k, the company has an equivalent pay structure (£71.6k)
- Tri-it Limited
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £116.8k, this is less efficient (£173.1k)
- Tri-it Limited
£173.1k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (53 days)
- Tri-it Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Tri-it Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tri-it Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (15 weeks)
65 weeks - Tri-it Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a higher level of debt than the average (63.4%)
74.5% - Tri-it Limited
63.4% - Industry AVG
TRI-IT LIMITED financials
Tri-It Limited's latest turnover from September 2023 is estimated at £233.5 thousand and the company has net assets of £15.5 thousand. According to their latest financial statements, Tri-It Limited has 2 employees and maintains cash reserves of £36.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 3 | 3 | 3 | 4 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 365 | 722 | 70 | 350 | 477 | 111 | 64 | 128 | 431 | 913 | 1,733 | 3,450 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 365 | 722 | 70 | 350 | 477 | 111 | 64 | 128 | 431 | 913 | 1,733 | 3,450 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 23,145 | 28,669 | 25,567 | 19,107 | 11,674 | 17,122 | 6,226 | 11,684 | 23,204 | 9,805 | 10,096 | 42,768 | 14,182 | 4,989 | 2,482 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 476 | 476 | 920 | 920 | 1,209 | 2,153 | 664 | 642 | 50 | ||||||
| Cash | 36,609 | 42,136 | 34,835 | 28,555 | 3,607 | 3,899 | 16,279 | 15,805 | 15,178 | 4,888 | 3,653 | ||||
| misc current assets | |||||||||||||||
| total current assets | 60,230 | 71,281 | 61,322 | 48,582 | 12,883 | 22,882 | 6,890 | 12,326 | 23,204 | 13,704 | 26,375 | 58,573 | 29,360 | 9,877 | 6,185 |
| total assets | 60,595 | 72,003 | 61,322 | 48,582 | 12,953 | 23,232 | 7,367 | 12,437 | 23,268 | 13,832 | 26,375 | 59,004 | 30,273 | 11,610 | 9,635 |
| Bank overdraft | 2,778 | 2,778 | 2,778 | 1,250 | 4,716 | 4,281 | 953 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,705 | 1,393 | 836 | 2,376 | 440 | 1,976 | 48,793 | 50,755 | 41,186 | 55,201 | 26,375 | 14,201 | 3,648 | ||
| Group/Directors Accounts | 7,793 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 26,295 | 31,888 | 24,267 | 19,643 | 14,297 | 19,541 | 30,762 | 35,471 | |||||||
| total current liabilities | 29,073 | 34,666 | 31,750 | 22,286 | 19,849 | 21,917 | 35,483 | 38,400 | 48,793 | 50,755 | 41,186 | 55,201 | 26,375 | 14,201 | 11,441 |
| loans | 15,972 | 18,750 | 21,528 | 23,750 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 13,026 | ||||||||||||||
| provisions | 69 | 137 | 13 | 67 | 91 | 22 | 13 | 26 | 87 | 183 | 364 | ||||
| total long term liabilities | 16,041 | 18,887 | 21,528 | 23,750 | 13 | 67 | 91 | 22 | 13 | 26 | 13,026 | 87 | 183 | 364 | |
| total liabilities | 45,114 | 53,553 | 53,278 | 46,036 | 19,862 | 21,984 | 35,574 | 38,422 | 48,806 | 50,781 | 54,212 | 55,288 | 26,558 | 14,565 | 11,441 |
| net assets | 15,481 | 18,450 | 8,044 | 2,546 | -6,909 | 1,248 | -28,207 | -25,985 | -25,538 | -36,949 | -27,837 | 3,716 | 3,715 | -2,955 | -1,806 |
| total shareholders funds | 15,481 | 18,450 | 8,044 | 2,546 | -6,909 | 1,248 | -28,207 | -25,985 | -25,538 | -36,949 | -27,837 | 3,716 | 3,715 | -2,955 | -1,806 |
| 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 | 357 | 361 | 70 | 280 | 337 | 268 | 120 | 64 | 64 | 431 | 422 | 2,160 | 1,717 | 1,700 | |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -5,524 | 2,658 | 6,460 | 7,144 | -6,392 | 12,385 | -5,436 | -10,878 | 13,399 | -291 | -32,672 | 28,586 | 9,193 | 2,457 | 2,532 |
| Creditors | -4,705 | 3,312 | 557 | -1,540 | 1,936 | -1,536 | -46,817 | -1,962 | 9,569 | -14,015 | 28,826 | 12,174 | 10,553 | 3,648 | |
| Accruals and Deferred Income | -5,593 | 7,621 | 4,624 | 5,346 | -5,244 | -11,221 | -4,709 | 35,471 | |||||||
| Deferred Taxes & Provisions | -68 | 137 | -13 | -54 | -24 | 69 | 9 | -13 | 26 | -87 | -96 | -181 | 364 | ||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -7,793 | 7,793 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -2,778 | -2,778 | -2,222 | 23,750 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -13,026 | 13,026 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,527 | 7,301 | 6,280 | 28,555 | -3,607 | 3,607 | -3,899 | -12,380 | 474 | 627 | 10,290 | 1,235 | 3,653 | ||
| overdraft | 1,528 | -3,466 | 4,716 | -4,281 | 3,328 | 953 | |||||||||
| change in cash | -5,527 | 7,301 | 4,752 | 32,021 | -8,323 | 7,888 | -3,328 | -953 | -3,899 | -12,380 | 474 | 627 | 10,290 | 1,235 | 3,653 |
tri-it limited Credit Report and Business Information
Tri-it Limited Competitor Analysis
Perform a competitor analysis for tri-it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in B11 area or any other competitors across 12 key performance metrics.
tri-it limited Ownership
TRI-IT LIMITED group structure
Tri-It Limited has no subsidiary companies.
Ultimate parent company
TRI-IT LIMITED
06561671
tri-it limited directors
Tri-It Limited currently has 1 director, Mr Vikash Mohan serving since Apr 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vikash Mohan | England | 49 years | Apr 2008 | - | Director |
P&L
September 2023turnover
233.5k
-4%
operating profit
-2.8k
0%
gross margin
50.3%
-3.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
15.5k
-0.16%
total assets
60.6k
-0.16%
cash
36.6k
-0.13%
net assets
Total assets minus all liabilities
tri-it limited company details
company number
06561671
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
April 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
fairgate house 205 kings road, tyseley, birmingham, west midlands, B11 2AA
Bank
-
Legal Advisor
-
tri-it 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 tri-it limited.
tri-it 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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tri-it limited Companies House Filings - See Documents
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