south west smart applications limited
south west smart applications limited Company Information
Company Number
07205882
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
14 high cross, truro, cornwall, TR1 2AJ
Website
www.swsal.co.uksouth west smart applications limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST SMART APPLICATIONS LIMITED at £1.3m based on a Turnover of £1.7m and 0.76x industry multiple (adjusted for size and gross margin).
south west smart applications limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST SMART APPLICATIONS LIMITED at £505.3k based on an EBITDA of £101.1k and a 5x industry multiple (adjusted for size and gross margin).
south west smart applications limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST SMART APPLICATIONS LIMITED at £3m based on Net Assets of £1.6m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
South West Smart Applications Limited Overview
South West Smart Applications Limited is a live company located in cornwall, TR1 2AJ with a Companies House number of 07205882. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2010, it's largest shareholder is unknown. South West Smart Applications Limited is a established, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
South West Smart Applications Limited Health Check
Pomanda's financial health check has awarded South West Smart Applications Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £1.7m, make it larger than the average company (£845.4k)
£1.7m - South West Smart Applications Limited
£845.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.2%)
16% - South West Smart Applications Limited
8.2% - Industry AVG
Production
with a gross margin of 47.3%, this company has a comparable cost of product (39.8%)
47.3% - South West Smart Applications Limited
39.8% - Industry AVG
Profitability
an operating margin of 5.5% make it as profitable than the average company (5.8%)
5.5% - South West Smart Applications Limited
5.8% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (14)
15 - South West Smart Applications Limited
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- South West Smart Applications Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £112.2k, this is more efficient (£73.3k)
£112.2k - South West Smart Applications Limited
£73.3k - Industry AVG
Debtor Days
it gets paid by customers after 156 days, this is later than average (27 days)
156 days - South West Smart Applications Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (37 days)
55 days - South West Smart Applications Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - South West Smart Applications Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 84 weeks, this is more cash available to meet short term requirements (58 weeks)
84 weeks - South West Smart Applications Limited
58 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.9%, this is a higher level of debt than the average (37.7%)
41.9% - South West Smart Applications Limited
37.7% - Industry AVG
SOUTH WEST SMART APPLICATIONS LIMITED financials
South West Smart Applications Limited's latest turnover from March 2024 is £1.7 million and the company has net assets of £1.6 million. According to their latest financial statements, South West Smart Applications Limited has 15 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,682,409 | 1,292,624 | 1,191,605 | 1,065,310 | 1,106,988 | 1,188,199 | 1,477,305 | 2,442,367 | 1,892,707 | 1,502,351 | 1,860,901 | 131,690 | ||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 887,030 | 574,662 | 618,269 | 559,021 | 642,404 | 519,436 | 791,225 | 1,447,830 | 1,037,044 | 674,562 | 1,180,729 | |||
| Gross Profit | 795,379 | 717,962 | 573,336 | 506,289 | 464,584 | 668,763 | 686,080 | 994,537 | 855,663 | 827,789 | 680,172 | |||
| Admin Expenses | 702,499 | 647,990 | 496,169 | 472,400 | 473,382 | 501,964 | 598,391 | 678,433 | 713,070 | 429,452 | 591,977 | |||
| Operating Profit | 92,880 | 69,972 | 77,167 | 33,889 | -8,798 | 166,799 | 87,689 | 316,104 | 142,593 | 398,337 | 88,195 | 14,574 | ||
| Interest Payable | 676 | 103 | ||||||||||||
| Interest Receivable | 10 | |||||||||||||
| Pre-Tax Profit | 92,880 | 69,972 | 77,167 | 33,889 | -8,798 | 166,799 | 87,689 | 316,104 | 141,927 | 398,234 | 88,195 | 14,574 | ||
| Tax | 150,420 | -35,498 | -81,194 | -18,156 | -2,915 | |||||||||
| Profit After Tax | 92,880 | 69,972 | 77,167 | 33,889 | -8,798 | 166,799 | 87,689 | 466,524 | 106,429 | 317,040 | 70,039 | 11,659 | ||
| Dividends Paid | ||||||||||||||
| Retained Profit | 92,880 | 69,972 | 77,167 | 33,889 | -8,798 | 166,799 | 87,689 | 466,524 | 106,429 | 317,040 | 70,039 | 11,659 | ||
| Employee Costs | ||||||||||||||
| Number Of Employees | 15 | 15 | 18 | 16 | 14 | 13 | 14 | 13 | 2 | |||||
| EBITDA* | 101,093 | 78,970 | 85,457 | 37,566 | -6,780 | 171,069 | 98,640 | 326,541 | 150,476 | 403,682 | 92,839 | 14,574 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,246 | 10,460 | 13,843 | 20,858 | 3,679 | 2,719 | 5,325 | 16,056 | 18,693 | 17,518 | 9,289 | 13,933 | ||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 28,246 | 10,460 | 13,843 | 20,858 | 3,679 | 2,719 | 5,325 | 16,056 | 18,693 | 17,518 | 9,289 | 13,933 | ||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 719,988 | 106,729 | 124,576 | 87,052 | 207,669 | 226,979 | 492,026 | 158,639 | 217,418 | 644,546 | 525,535 | 878,300 | 330,080 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 109,746 | 257,222 | 194,834 | 144,987 | 215,757 | 177,844 | 68,601 | 410,296 | 280,218 | 164,100 | 182,227 | |||
| Cash | 1,810,866 | 1,666,105 | 1,357,459 | 1,337,503 | 1,193,915 | 1,319,730 | 901,391 | 1,018,844 | 1,380,003 | 1,685,281 | 2,003,644 | 700,765 | 288,590 | |
| misc current assets | ||||||||||||||
| total current assets | 2,640,600 | 2,030,056 | 1,676,869 | 1,569,542 | 1,617,341 | 1,724,553 | 1,462,018 | 1,587,779 | 1,877,639 | 2,493,927 | 2,711,406 | 1,579,065 | 618,670 | |
| total assets | 2,668,846 | 2,040,516 | 1,690,712 | 1,590,400 | 1,621,020 | 1,727,272 | 1,467,343 | 1,603,835 | 1,896,332 | 2,511,445 | 2,720,695 | 1,592,998 | 618,670 | |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 134,708 | 179,768 | 112,403 | 117,313 | 181,616 | 135,399 | 68,784 | 102,294 | 464,415 | 153,681 | 254,276 | 1,521,234 | 279,750 | |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 982,744 | 402,234 | 189,767 | 161,712 | 161,918 | 305,589 | 279,074 | 469,745 | 866,645 | 1,898,921 | 2,064,616 | 327,261 | ||
| total current liabilities | 1,117,452 | 582,002 | 302,170 | 279,025 | 343,534 | 440,988 | 347,858 | 572,039 | 1,331,060 | 2,052,602 | 2,318,892 | 1,521,234 | 607,011 | |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 260,000 | |||||||||||||
| total long term liabilities | 260,000 | |||||||||||||
| total liabilities | 1,117,452 | 582,002 | 302,170 | 279,025 | 343,534 | 440,988 | 347,858 | 572,039 | 1,331,060 | 2,052,602 | 2,578,892 | 1,521,234 | 607,011 | |
| net assets | 1,551,394 | 1,458,514 | 1,388,542 | 1,311,375 | 1,277,486 | 1,286,284 | 1,119,485 | 1,031,796 | 565,272 | 458,843 | 141,803 | 71,764 | 11,659 | |
| total shareholders funds | 1,551,394 | 1,458,514 | 1,388,542 | 1,311,375 | 1,277,486 | 1,286,284 | 1,119,485 | 1,031,796 | 565,272 | 458,843 | 141,803 | 71,764 | 11,659 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 92,880 | 69,972 | 77,167 | 33,889 | -8,798 | 166,799 | 87,689 | 316,104 | 142,593 | 398,337 | 88,195 | 14,574 | ||
| Depreciation | 8,213 | 8,998 | 8,290 | 3,677 | 2,018 | 4,270 | 10,951 | 10,437 | 7,883 | 5,345 | 4,644 | |||
| Amortisation | ||||||||||||||
| Tax | 150,420 | -35,498 | -81,194 | -18,156 | -2,915 | |||||||||
| Stock | ||||||||||||||
| Debtors | 465,783 | 44,541 | 87,371 | -191,387 | 18,603 | -155,804 | -8,308 | 71,299 | -311,010 | 100,884 | -170,538 | 548,220 | 330,080 | |
| Creditors | -45,060 | 67,365 | -4,910 | -64,303 | 46,217 | 66,615 | -33,510 | -362,121 | 310,734 | -100,595 | -1,266,958 | 1,241,484 | 279,750 | |
| Accruals and Deferred Income | 580,510 | 212,467 | 28,055 | -206 | -143,671 | 26,515 | -190,671 | -396,900 | -1,032,276 | -165,695 | 2,064,616 | -327,261 | 327,261 | |
| Deferred Taxes & Provisions | -260,000 | 260,000 | ||||||||||||
| Cash flow from operations | 170,760 | 314,261 | 21,231 | 164,444 | -122,837 | 420,003 | -117,233 | -353,359 | -295,554 | -304,686 | 1,302,879 | 288,590 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -666 | -103 | ||||||||||||
| cash flow from financing | -666 | -103 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 144,761 | 308,646 | 19,956 | 143,588 | -125,815 | 418,339 | -117,453 | -361,159 | -305,278 | -318,363 | 1,302,879 | 412,175 | 288,590 | |
| overdraft | ||||||||||||||
| change in cash | 144,761 | 308,646 | 19,956 | 143,588 | -125,815 | 418,339 | -117,453 | -361,159 | -305,278 | -318,363 | 1,302,879 | 412,175 | 288,590 |
south west smart applications limited Credit Report and Business Information
South West Smart Applications Limited Competitor Analysis
Perform a competitor analysis for south west smart applications limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in TR1 area or any other competitors across 12 key performance metrics.
south west smart applications limited Ownership
SOUTH WEST SMART APPLICATIONS LIMITED group structure
South West Smart Applications Limited has no subsidiary companies.
Ultimate parent company
SOUTH WEST SMART APPLICATIONS LIMITED
07205882
south west smart applications limited directors
South West Smart Applications Limited currently has 6 directors. The longest serving directors include Dr Andrew Seedhouse (Aug 2010) and Mr Richard Barnes (Mar 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Andrew Seedhouse | 54 years | Aug 2010 | - | Director | |
| Mr Richard Barnes | England | 58 years | Mar 2012 | - | Director |
| Mr Andrew Wickham | 58 years | Mar 2012 | - | Director | |
| Mr Andrew Bairstow | 60 years | Jun 2020 | - | Director | |
| Ms Juliet Bell | 48 years | Mar 2022 | - | Director | |
| Mr Ian Barratt | United Kingdom | 60 years | Mar 2024 | - | Director |
P&L
March 2024turnover
1.7m
+30%
operating profit
92.9k
+33%
gross margin
47.3%
-14.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.6m
+0.06%
total assets
2.7m
+0.31%
cash
1.8m
+0.09%
net assets
Total assets minus all liabilities
south west smart applications limited company details
company number
07205882
Type
Private Ltd By Guarantee w/o Share Cap
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
MHA
address
14 high cross, truro, cornwall, TR1 2AJ
Bank
-
Legal Advisor
-
south west smart applications 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 south west smart applications limited.
south west smart applications 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.
Click to start generating capital raising & share issue transactions for SOUTH WEST SMART APPLICATIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
south west smart applications limited Companies House Filings - See Documents
| date | description | view/download |
|---|
