it global services limited
it global services limited Company Information
Company Number
07346204
Website
www.itglobalservices.comRegistered Address
1st floor, 87-89 hgh street, hoddesdon, hertfordshire, EN11 8TL
Industry
Manufacture of other food products n.e.c.
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
giuseppe parrinello 75%
venera parrinello 25%
it global services limited Estimated Valuation
Pomanda estimates the enterprise value of IT GLOBAL SERVICES LIMITED at £666.2k based on a Turnover of £1.5m and 0.45x industry multiple (adjusted for size and gross margin).
it global services limited Estimated Valuation
Pomanda estimates the enterprise value of IT GLOBAL SERVICES LIMITED at £67.2k based on an EBITDA of £20.3k and a 3.31x industry multiple (adjusted for size and gross margin).
it global services limited Estimated Valuation
Pomanda estimates the enterprise value of IT GLOBAL SERVICES LIMITED at £1.3m based on Net Assets of £584.8k and 2.18x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
It Global Services Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
It Global Services Limited Overview
It Global Services Limited is a live company located in hoddesdon, EN11 8TL with a Companies House number of 07346204. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in August 2010, it's largest shareholder is giuseppe parrinello with a 75% stake. It Global Services Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
It Global Services Limited Health Check
Pomanda's financial health check has awarded It Global Services 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£14.7m)
- It Global Services Limited
£14.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.4%)
- It Global Services Limited
7.4% - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (30.7%)
- It Global Services Limited
30.7% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (4.8%)
- It Global Services Limited
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (76)
2 - It Global Services Limited
76 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- It Global Services Limited
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £743.2k, this is more efficient (£145.9k)
- It Global Services Limited
£145.9k - Industry AVG
Debtor Days
it gets paid by customers after 148 days, this is later than average (40 days)
- It Global Services Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (40 days)
- It Global Services Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- It Global Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - It Global Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.9%, this is a lower level of debt than the average (57.2%)
3.9% - It Global Services Limited
57.2% - Industry AVG
it global services limited Credit Report and Business Information
It Global Services Limited Competitor Analysis
Perform a competitor analysis for it global services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
it global services limited Ownership
IT GLOBAL SERVICES LIMITED group structure
It Global Services Limited has no subsidiary companies.
Ultimate parent company
IT GLOBAL SERVICES LIMITED
07346204
it global services limited directors
It Global Services Limited currently has 2 directors. The longest serving directors include Mr Giuseppe Parrinello (Aug 2010) and Mrs Venera Parrinello (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giuseppe Parrinello | United Kingdom | 58 years | Aug 2010 | - | Director |
| Mrs Venera Parrinello | 59 years | Mar 2023 | - | Director |
IT GLOBAL SERVICES LIMITED financials
It Global Services Limited's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of £584.8 thousand. According to their latest financial statements, It Global Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,135 | 4,343 | 24,947 | 4,442 | 5,710 | 3,700 | 2,865 | 3,490 | 4,160 | 5,240 | 5,905 | 5,536 | 6,592 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,135 | 4,343 | 24,947 | 4,442 | 5,710 | 3,700 | 2,865 | 3,490 | 4,160 | 5,240 | 5,905 | 5,536 | 6,592 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 606,297 | 593,045 | 0 | 706,499 | 733,416 | 644,534 | 0 | 0 | 439 | 249,223 | 5,000 | 0 | 35,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 587,371 | 0 | 0 | 0 | 276,723 | 276,723 | 249,223 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 59,641 | 0 | 0 | 0 | 269,310 | 194,903 | 140,096 | 83,551 | 204,818 | 130,350 | 50,217 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 606,297 | 593,045 | 647,012 | 706,499 | 733,416 | 644,534 | 546,033 | 471,626 | 389,758 | 332,774 | 209,818 | 130,350 | 85,217 |
| total assets | 608,432 | 597,388 | 671,959 | 710,941 | 739,126 | 648,234 | 548,898 | 475,116 | 393,918 | 338,014 | 215,723 | 135,886 | 91,809 |
| Bank overdraft | 0 | 0 | 8,925 | 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 |
| Trade Creditors | 13,276 | 9,548 | 0 | 14,005 | 33,679 | 45,968 | 0 | 0 | 0 | 63,974 | 38,748 | 32,587 | 51,587 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,694 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 3,261 | 0 | 0 | 0 | 26,890 | 33,671 | 33,712 | 0 | 0 | 0 | 0 |
| total current liabilities | 13,276 | 9,548 | 12,186 | 14,005 | 33,679 | 45,968 | 26,890 | 33,671 | 33,712 | 63,974 | 38,748 | 38,281 | 51,587 |
| loans | 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 |
| Accruals and Deferred Income | 1,045 | 945 | 0 | 900 | 900 | 900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 9,333 | 17,333 | 45,409 | 32,562 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 698 | 698 | 832 | 1,048 | 1,181 | 700 | 1,318 |
| total long term liabilities | 10,378 | 18,278 | 45,409 | 33,462 | 900 | 900 | 698 | 698 | 832 | 1,048 | 1,181 | 700 | 1,318 |
| total liabilities | 23,654 | 27,826 | 57,595 | 47,467 | 34,579 | 46,868 | 27,588 | 34,369 | 34,544 | 65,022 | 39,929 | 38,981 | 52,905 |
| net assets | 584,778 | 569,562 | 614,364 | 663,474 | 704,547 | 601,366 | 521,310 | 440,747 | 359,374 | 272,992 | 175,794 | 96,905 | 38,904 |
| total shareholders funds | 584,778 | 569,562 | 614,364 | 663,474 | 704,547 | 601,366 | 521,310 | 440,747 | 359,374 | 272,992 | 175,794 | 96,905 | 38,904 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 1,077 | 0 | 958 | 1,164 | 1,391 | 1,749 | 3,547 | 3,321 | 3,960 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 13,252 | 5,674 | -119,128 | 706,499 | 88,882 | 367,811 | 0 | 27,061 | 439 | 244,223 | 5,000 | 0 | 35,000 |
| Creditors | 3,728 | 9,548 | -14,005 | 14,005 | -12,289 | 45,968 | 0 | 0 | -63,974 | 25,226 | 6,161 | 32,587 | 51,587 |
| Accruals and Deferred Income | 100 | -2,316 | 2,361 | 900 | 0 | -25,990 | -6,781 | -41 | 33,712 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -698 | 0 | -134 | -216 | -133 | 481 | 700 | 1,318 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,694 | 5,694 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,000 | -28,076 | 12,847 | 32,562 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | -59,641 | 59,641 | 0 | 0 | -269,310 | 74,407 | 54,807 | 56,545 | -121,267 | 74,468 | 130,350 | 50,217 |
| overdraft | 0 | -8,925 | 8,925 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -50,716 | 50,716 | 0 | 0 | -269,310 | 74,407 | 54,807 | 56,545 | -121,267 | 74,468 | 130,350 | 50,217 |
P&L
March 2024turnover
1.5m
+8%
operating profit
20.3k
0%
gross margin
16.9%
-2.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
584.8k
+0.03%
total assets
608.4k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
it global services limited company details
company number
07346204
Type
Private limited with Share Capital
industry
10890 - Manufacture of other food products n.e.c.
82990 - Other business support service activities n.e.c.
incorporation date
August 2010
age
14
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
1st floor, 87-89 hgh street, hoddesdon, hertfordshire, EN11 8TL
last accounts submitted
March 2024
it global services 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 it global services limited.
it global services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
