steadfast it solutions limited
steadfast it solutions limited Company Information
Company Number
07168115
Website
www.steadfastsolutions.co.ukRegistered Address
goodwood house, blackbrook park avenue, taunton, TA1 2PX
Industry
Repair of other personal and household goods
Computer consultancy activities
Telephone
01215440480
Next Accounts Due
August 2025
Group Structure
View All
Directors
Christopher Purchase14 Years
Shareholders
christopher andrew purchase 100%
steadfast it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of STEADFAST IT SOLUTIONS LIMITED at £150.5k based on a Turnover of £302k and 0.5x industry multiple (adjusted for size and gross margin).
steadfast it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of STEADFAST IT SOLUTIONS LIMITED at £327.4k based on an EBITDA of £83.8k and a 3.91x industry multiple (adjusted for size and gross margin).
steadfast it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of STEADFAST IT SOLUTIONS LIMITED at £323.1k based on Net Assets of £164.1k and 1.97x industry multiple (adjusted for liquidity).
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Steadfast It Solutions Limited Overview
Steadfast It Solutions Limited is a live company located in taunton, TA1 2PX with a Companies House number of 07168115. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2010, it's largest shareholder is christopher andrew purchase with a 100% stake. Steadfast It Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £302k with high growth in recent years.
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Steadfast It Solutions Limited Health Check
Pomanda's financial health check has awarded Steadfast It Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £300.7k, make it smaller than the average company (£1.3m)
- Steadfast It Solutions Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.2%)
- Steadfast It Solutions Limited
5.2% - Industry AVG
Production
with a gross margin of 31.6%, this company has a higher cost of product (52.1%)
- Steadfast It Solutions Limited
52.1% - Industry AVG
Profitability
an operating margin of 16.1% make it more profitable than the average company (7.4%)
- Steadfast It Solutions Limited
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Steadfast It Solutions Limited
13 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)
- Steadfast It Solutions Limited
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £300.7k, this is more efficient (£112.2k)
- Steadfast It Solutions Limited
£112.2k - Industry AVG
Debtor Days
it gets paid by customers after 199 days, this is later than average (64 days)
- Steadfast It Solutions Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is close to average (42 days)
- Steadfast It Solutions Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Steadfast It Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Steadfast It Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15%, this is a lower level of debt than the average (57%)
15% - Steadfast It Solutions Limited
57% - Industry AVG
STEADFAST IT SOLUTIONS LIMITED financials
Steadfast It Solutions Limited's latest turnover from November 2023 is estimated at £302 thousand and the company has net assets of £164.1 thousand. According to their latest financial statements, Steadfast It Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,685 | 62,194 | 130,537 | |||||||||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 2,029 | |||||||||||||
| Gross Profit | 18,656 | |||||||||||||
| Admin Expenses | 18,029 | |||||||||||||
| Operating Profit | 627 | 4,176 | 7,806 | |||||||||||
| Interest Payable | 0 | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 3 | 2 | |||||||||||
| Pre-Tax Profit | 627 | 4,179 | 7,808 | |||||||||||
| Tax | 0 | -741 | -1,451 | |||||||||||
| Profit After Tax | 627 | 3,438 | 6,357 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||||
| Retained Profit | 627 | 3,438 | 6,357 | |||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* | 1,202 | 4,940 | 8,106 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,009 | 1,150 | 1,534 | 2,046 | 800 | 1,068 | 970 | 1,293 | 1,724 | 834 | 1,567 | 1,391 | 900 |
| 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 | 4,238 | 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 | 0 | 1,009 | 1,150 | 1,534 | 2,046 | 800 | 1,068 | 970 | 5,531 | 1,724 | 834 | 1,567 | 1,391 | 900 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 171,279 | 164,175 | 127,466 | 68,912 | 102,388 | 61,093 | 82,074 | 3,338 | 334 | 732 | 9,506 | 0 | 5,200 | 10,998 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,274 | 0 | 0 | 12,547 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,641 | 727 | 44,552 | 42,612 | 8,233 | 44,491 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,153 | 0 | 0 | 0 |
| total current assets | 171,279 | 164,175 | 127,466 | 68,912 | 102,388 | 61,093 | 82,074 | 3,338 | 2,975 | 5,733 | 62,211 | 42,612 | 25,980 | 55,489 |
| total assets | 171,279 | 165,184 | 128,616 | 70,446 | 104,434 | 61,893 | 83,142 | 4,308 | 8,506 | 7,457 | 63,045 | 44,179 | 27,371 | 56,389 |
| 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 | 5,750 | 23,740 | 26,603 | 23,326 | 24,577 | 13,251 | 40,097 | 11,889 | 8,228 | 0 | 21,352 | 33,398 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,515 | 0 | 0 | 0 | 399 |
| 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 | 1,000 | 0 | 0 | 17,575 | 49,632 |
| total current liabilities | 5,750 | 23,740 | 26,603 | 23,326 | 24,577 | 13,251 | 40,097 | 11,889 | 8,228 | 3,515 | 21,352 | 33,398 | 17,575 | 50,031 |
| 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 | 1,450 | 950 | 800 | 680 | 1,191 | 593 | 573 | 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 | 4,515 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,450 | 950 | 800 | 680 | 1,191 | 593 | 573 | 0 | 4,515 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,200 | 24,690 | 27,403 | 24,006 | 25,768 | 13,844 | 40,670 | 11,889 | 12,743 | 3,515 | 21,352 | 33,398 | 17,575 | 50,031 |
| net assets | 164,079 | 140,494 | 101,213 | 46,440 | 78,666 | 48,049 | 42,472 | -7,581 | -4,237 | 3,942 | 41,693 | 10,781 | 9,796 | 6,358 |
| total shareholders funds | 164,079 | 140,494 | 101,213 | 46,440 | 78,666 | 48,049 | 42,472 | -7,581 | -4,237 | 3,942 | 41,693 | 10,781 | 9,796 | 6,358 |
| Nov 2023 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 627 | 4,176 | 7,806 | |||||||||||
| Depreciation | 575 | 766 | 522 | 764 | 300 | |||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | 0 | -741 | -1,451 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 43,813 | 36,709 | 58,554 | -33,476 | 41,295 | -20,981 | 78,736 | 3,004 | -4,672 | -4,500 | 9,506 | -17,747 | 6,749 | 10,998 |
| Creditors | -20,853 | -2,863 | 3,277 | -1,251 | 11,326 | -26,846 | 28,208 | 3,661 | 8,228 | -21,352 | -12,046 | 33,398 | 0 | 0 |
| Accruals and Deferred Income | 650 | 150 | 120 | -511 | 598 | 20 | 573 | 0 | -1,000 | 1,000 | 0 | -17,575 | -32,057 | 49,632 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,515 | 4,515 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -14,650 | -34,607 | 45,289 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,238 | 4,238 | 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 | -2,515 | 2,515 | 0 | 0 | -399 | 399 |
| 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 | 0 | 3 | 2 | |||||||||||
| cash flow from financing | -35,863 | -396 | 402 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,641 | 1,914 | -43,825 | 1,940 | 34,379 | -36,258 | 44,491 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,641 | 1,914 | -43,825 | 1,940 | 34,379 | -36,258 | 44,491 |
steadfast it solutions limited Credit Report and Business Information
Steadfast It Solutions Limited Competitor Analysis
Perform a competitor analysis for steadfast it solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.
steadfast it solutions limited Ownership
STEADFAST IT SOLUTIONS LIMITED group structure
Steadfast It Solutions Limited has no subsidiary companies.
Ultimate parent company
STEADFAST IT SOLUTIONS LIMITED
07168115
steadfast it solutions limited directors
Steadfast It Solutions Limited currently has 1 director, Mr Christopher Purchase serving since Feb 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Purchase | 60 years | Feb 2010 | - | Director |
P&L
November 2023turnover
302k
+16%
operating profit
83.8k
0%
gross margin
31.3%
-12.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
164.1k
+0.62%
total assets
171.3k
+0.33%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
steadfast it solutions limited company details
company number
07168115
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
95290 - Repair of other personal and household goods
62020 - Computer consultancy activities
incorporation date
February 2010
age
14
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
goodwood house, blackbrook park avenue, taunton, TA1 2PX
accountant
-
auditor
-
steadfast 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 steadfast it solutions limited.
steadfast it solutions limited Companies House Filings - See Documents
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