ck it solutions limited
ck it solutions limited Company Information
Company Number
07129501
Website
www.ckitsolutions.co.ukRegistered Address
flat 7, spitfire, 262 wimborne road, poole, BH15 3EF
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
774 days late
Group Structure
View All
Directors
Stephen Chisholm14 Years
Shareholders
stephen chisholm 100%
ck it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CK IT SOLUTIONS LIMITED at £648k based on a Turnover of £916.4k and 0.71x industry multiple (adjusted for size and gross margin).
ck it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CK IT SOLUTIONS LIMITED at £0 based on an EBITDA of £-335.2k and a 4.97x industry multiple (adjusted for size and gross margin).
ck it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CK IT SOLUTIONS LIMITED at £278.8k based on Net Assets of £124.9k and 2.23x industry multiple (adjusted for liquidity).
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Ck It Solutions Limited Overview
Ck It Solutions Limited is a live company located in poole, BH15 3EF with a Companies House number of 07129501. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2010, it's largest shareholder is stephen chisholm with a 100% stake. Ck It Solutions Limited is a established, small sized company, Pomanda has estimated its turnover at £916.4k with declining growth in recent years.
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Ck It Solutions Limited Health Check
Pomanda's financial health check has awarded Ck It Solutions Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £916.4k, make it smaller than the average company (£5.4m)
- Ck It Solutions Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (5.8%)
- Ck It Solutions Limited
5.8% - Industry AVG
Production
with a gross margin of 51.7%, this company has a comparable cost of product (51.7%)
- Ck It Solutions Limited
51.7% - Industry AVG
Profitability
an operating margin of -37.3% make it less profitable than the average company (4.2%)
- Ck It Solutions Limited
4.2% - Industry AVG
Employees
with 9 employees, this is below the industry average (37)
9 - Ck It Solutions Limited
37 - Industry AVG
Pay Structure
on an average salary of £61.4k, the company has an equivalent pay structure (£61.4k)
- Ck It Solutions Limited
£61.4k - Industry AVG
Efficiency
resulting in sales per employee of £101.8k, this is less efficient (£153.4k)
- Ck It Solutions Limited
£153.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ck It Solutions Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (38 days)
- Ck It Solutions Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is more than average (13 days)
- Ck It Solutions Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 85 weeks, this is more cash available to meet short term requirements (14 weeks)
85 weeks - Ck It Solutions Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a similar level of debt than the average (64.2%)
63.8% - Ck It Solutions Limited
64.2% - Industry AVG
CK IT SOLUTIONS LIMITED financials
Ck It Solutions Limited's latest turnover from December 2020 is estimated at £916.4 thousand and the company has net assets of £124.9 thousand. According to their latest financial statements, Ck It Solutions Limited has 9 employees and maintains cash reserves of £278.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 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 | 9 | 9 | 9 | 9 | 9 | 9 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 114 | 833,030 | 791,510 | 12,121 | 12,746 | 19,835 | 1,583 | 666 | 1,333 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 114 | 833,030 | 791,510 | 12,121 | 12,746 | 19,835 | 1,583 | 666 | 1,333 | 0 | 0 | 0 |
| Stock & work in progress | 59,244 | 143,207 | 219,172 | 324,788 | 272,541 | 150,775 | 118,328 | 156,196 | 153,698 | 100,000 | 44,800 | 0 |
| Trade Debtors | 0 | 2,098 | 164,585 | 245,628 | 155,662 | 335,507 | 71,703 | 113,304 | 10,328 | 60 | 15,612 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,042 | 64,925 | 37,758 | 30,177 | 92,569 | 27,514 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 278,682 | 86,316 | 200,294 | 201,671 | 158,440 | 229,038 | 439,251 | 80,371 | 71,077 | 51,697 | 58,737 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 344,968 | 296,546 | 621,809 | 802,264 | 679,212 | 742,834 | 629,282 | 349,871 | 235,103 | 151,757 | 119,149 | 0 |
| total assets | 345,082 | 1,129,576 | 1,413,319 | 814,385 | 691,958 | 762,669 | 630,865 | 350,537 | 236,436 | 151,757 | 119,149 | 0 |
| Bank overdraft | 0 | 59,394 | 52,597 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 395 | 7,057 | 63,476 | 62,289 | 125,559 | 148,256 | 213,363 | 140,761 | 88,276 | 101,471 | 115,705 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 63,033 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 16,205 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 169,788 | 6,902 | 36,784 | 59,765 | 57,837 | 180,734 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 170,183 | 89,558 | 152,857 | 122,054 | 183,396 | 328,990 | 276,396 | 140,761 | 88,276 | 101,471 | 115,705 | 0 |
| loans | 50,000 | 513,862 | 572,722 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 40,942 | 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 |
| other liabilities | 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 |
| total long term liabilities | 50,000 | 554,804 | 572,722 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 220,183 | 644,362 | 725,579 | 122,054 | 183,396 | 328,990 | 276,396 | 140,761 | 88,276 | 101,471 | 115,705 | 0 |
| net assets | 124,899 | 485,214 | 687,740 | 692,331 | 508,562 | 433,679 | 354,469 | 209,776 | 148,160 | 50,286 | 3,444 | 0 |
| total shareholders funds | 124,899 | 485,214 | 687,740 | 692,331 | 508,562 | 433,679 | 354,469 | 209,776 | 148,160 | 50,286 | 3,444 | 0 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 6,277 | 37,114 | 11,840 | 15,863 | 11,927 | 10,313 | 1,458 | 667 | 667 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||
| Stock | -83,963 | -75,965 | -105,616 | 52,247 | 121,766 | 32,447 | -37,868 | 2,498 | 108,898 | 55,200 | 44,800 | 0 |
| Debtors | -59,981 | -135,320 | -73,462 | 27,574 | -114,790 | 291,318 | -41,601 | 102,976 | -5,284 | -15,552 | 15,612 | 0 |
| Creditors | -6,662 | -56,419 | 1,187 | -63,270 | -22,697 | -65,107 | 72,602 | 52,485 | -27,429 | -14,234 | 115,705 | 0 |
| Accruals and Deferred Income | 162,886 | -29,882 | -22,981 | 1,928 | -122,897 | 180,734 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -63,033 | 63,033 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -463,862 | -58,860 | 572,722 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -57,147 | 57,147 | 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 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 192,366 | -113,978 | -1,377 | 43,231 | -70,598 | -210,213 | 358,880 | 9,294 | 12,340 | -7,040 | 58,737 | 0 |
| overdraft | -59,394 | 6,797 | 52,597 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 251,760 | -120,775 | -53,974 | 43,231 | -70,598 | -210,213 | 358,880 | 9,294 | 12,340 | -7,040 | 58,737 | 0 |
ck it solutions limited Credit Report and Business Information
Ck It Solutions Limited Competitor Analysis
Perform a competitor analysis for ck it solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BH15 area or any other competitors across 12 key performance metrics.
ck it solutions limited Ownership
CK IT SOLUTIONS LIMITED group structure
Ck It Solutions Limited has no subsidiary companies.
ck it solutions limited directors
Ck It Solutions Limited currently has 1 director, Mr Stephen Chisholm serving since Jan 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Chisholm | United Kingdom | 46 years | Jan 2010 | - | Director |
P&L
December 2020turnover
916.4k
+64%
operating profit
-341.5k
0%
gross margin
51.8%
-1.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
124.9k
-0.74%
total assets
345.1k
-0.69%
cash
278.7k
+2.23%
net assets
Total assets minus all liabilities
ck it solutions limited company details
company number
07129501
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
January 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
-
address
flat 7, spitfire, 262 wimborne road, poole, BH15 3EF
Bank
-
Legal Advisor
-
ck it solutions 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 ck it solutions limited.
ck it solutions limited Companies House Filings - See Documents
| date | description | view/download |
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