harris project solutions limited

harris project solutions limited Company Information

Share HARRIS PROJECT SOLUTIONS LIMITED
Dissolved 

Company Number

07502694

Industry

Other telecommunications activities

 

Directors

Clive Harris

Shareholders

clive harris

Group Structure

View All

Contact

Registered Address

jubilee house east beach, lytham st. annes, FY8 5FT

Website

-

harris project solutions limited Estimated Valuation

£47.4k

Pomanda estimates the enterprise value of HARRIS PROJECT SOLUTIONS LIMITED at £47.4k based on a Turnover of £81.1k and 0.58x industry multiple (adjusted for size and gross margin).

harris project solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HARRIS PROJECT SOLUTIONS LIMITED at £0 based on an EBITDA of £-9.4k and a 2.74x industry multiple (adjusted for size and gross margin).

harris project solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HARRIS PROJECT SOLUTIONS LIMITED at £0 based on Net Assets of £-2.6k and 2.61x industry multiple (adjusted for liquidity).

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Harris Project Solutions Limited Overview

Harris Project Solutions Limited is a dissolved company that was located in lytham st. annes, FY8 5FT with a Companies House number of 07502694. It operated in the other telecommunications activities sector, SIC Code 61900. Founded in January 2011, it's largest shareholder was clive harris with a 100% stake. The last turnover for Harris Project Solutions Limited was estimated at £81.1k.

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Harris Project Solutions Limited Health Check

Pomanda's financial health check has awarded Harris Project Solutions Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £81.1k, make it smaller than the average company (£9.9m)

£81.1k - Harris Project Solutions Limited

£9.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.2%)

-20% - Harris Project Solutions Limited

2.2% - Industry AVG

production

Production

with a gross margin of 19.1%, this company has a higher cost of product (38.3%)

19.1% - Harris Project Solutions Limited

38.3% - Industry AVG

profitability

Profitability

an operating margin of -11.5% make it less profitable than the average company (4.7%)

-11.5% - Harris Project Solutions Limited

4.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (41)

2 - Harris Project Solutions Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.7k, the company has an equivalent pay structure (£53.7k)

£53.7k - Harris Project Solutions Limited

£53.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.6k, this is less efficient (£210.5k)

£40.6k - Harris Project Solutions Limited

£210.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (41 days)

2 days - Harris Project Solutions Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (42 days)

21 days - Harris Project Solutions Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Harris Project Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Harris Project Solutions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 321.7%, this is a higher level of debt than the average (66.6%)

321.7% - Harris Project Solutions Limited

66.6% - Industry AVG

HARRIS PROJECT SOLUTIONS LIMITED financials

EXPORTms excel logo

Harris Project Solutions Limited's latest turnover from January 2021 is estimated at £81.1 thousand and the company has net assets of -£2.6 thousand. According to their latest financial statements, Harris Project Solutions Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Turnover81,124107,307121,491158,57443,16727,58319,66463,14312,75614,064
Other Income Or Grants0000000000
Cost Of Sales65,67185,94897,962125,13233,85021,56115,17849,3289,87110,857
Gross Profit15,45321,36023,52933,4439,3186,0224,48613,8152,8853,207
Admin Expenses24,80635,75834,078-5,6649,3186,02718,8402,37215,760-21,278
Operating Profit-9,353-14,398-10,54939,1070-5-14,35411,443-12,87524,485
Interest Payable0000000000
Interest Receivable000035489412275
Pre-Tax Profit-9,353-14,398-10,54939,10730-14,30611,538-12,75324,561
Tax000-7,430000-2,6540-6,386
Profit After Tax-9,353-14,398-10,54931,67720-14,3068,884-12,75318,175
Dividends Paid0000000000
Retained Profit-9,353-14,398-10,54931,67720-14,3068,884-12,75318,175
Employee Costs107,362107,73356,03453,69252,73451,33351,74350,90347,07046,315
Number Of Employees2211111111
EBITDA*-9,353-14,398-10,54939,1070297-13,96211,836-12,48224,576

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Tangible Assets6601,31900003026941,087273
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets6601,31900003026941,087273
Stock & work in progress0000000000
Trade Debtors5228,67733,13052,44485,3994,52413,07925785
Group Debtors0000000000
Misc Debtors00004,7732,2010000
Cash000002,0135519,28818,44930,156
misc current assets0000000000
total current assets5228,67733,13052,4444,7819,6134,57932,36718,47430,941
total assets1,1829,99633,13052,4444,7819,6134,88133,06119,56131,214
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 3,8033,26412,00020,7654,7799,6114,87918,75314,13713,037
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities3,8033,26412,00020,7654,7799,6114,87918,75314,13713,037
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities3,8033,26412,00020,7654,7799,6114,87918,75314,13713,037
net assets-2,6216,73221,13031,67922214,3085,42418,177
total shareholders funds-2,6216,73221,13031,67922214,3085,42418,177
Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Operating Activities
Operating Profit-9,353-14,398-10,54939,1070-5-14,35411,443-12,87524,485
Depreciation0000030239239339391
Amortisation0000000000
Tax000-7,430000-2,6540-6,386
Stock0000000000
Debtors-8,155-24,453-19,31447,663-2,8193,076-8,55513,054-760785
Creditors539-8,736-8,76515,986-4,8324,732-13,8744,6161,10013,037
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations-6591,31900-2,0131,953-19,281744-10,62230,442
Investing Activities
capital expenditure659-1,319000000-1,207-364
Change in Investments0000000000
cash flow from investments659-1,319000000-1,207-364
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue0000-200002
interest000035489412275
cash flow from financing000015489412277
cash and cash equivalents
cash0000-2,0131,958-19,233839-11,70730,156
overdraft0000000000
change in cash0000-2,0131,958-19,233839-11,70730,156

harris project solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Harris Project Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for harris project solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in FY8 area or any other competitors across 12 key performance metrics.

harris project solutions limited Ownership

HARRIS PROJECT SOLUTIONS LIMITED group structure

Harris Project Solutions Limited has no subsidiary companies.

Ultimate parent company

HARRIS PROJECT SOLUTIONS LIMITED

07502694

HARRIS PROJECT SOLUTIONS LIMITED Shareholders

clive harris 100%

harris project solutions limited directors

Harris Project Solutions Limited currently has 1 director, Mr Clive Harris serving since Jan 2011.

officercountryagestartendrole
Mr Clive HarrisEngland62 years Jan 2011- Director

P&L

January 2021

turnover

81.1k

-24%

operating profit

-9.4k

0%

gross margin

19.1%

-4.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2021

net assets

-2.6k

-1.39%

total assets

1.2k

-0.88%

cash

0

0%

net assets

Total assets minus all liabilities

harris project solutions limited company details

company number

07502694

Type

Private limited with Share Capital

industry

61900 - Other telecommunications activities

incorporation date

January 2011

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2021

previous names

N/A

accountant

DANBRO ACCOUNTING LTD

auditor

-

address

jubilee house east beach, lytham st. annes, FY8 5FT

Bank

-

Legal Advisor

-

harris project 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 harris project solutions limited.

harris project solutions 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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harris project solutions limited Companies House Filings - See Documents

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