i systems development limited
i systems development limited Company Information
Company Number
07519537
Website
mmhsys.comRegistered Address
langley house park road, east finchley, london, N2 8EY
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Peter Sserunkuma13 Years
Shareholders
peter jeremy sserunkuma 100%
i systems development limited Estimated Valuation
Pomanda estimates the enterprise value of I SYSTEMS DEVELOPMENT LIMITED at £97.3k based on a Turnover of £178.8k and 0.54x industry multiple (adjusted for size and gross margin).
i systems development limited Estimated Valuation
Pomanda estimates the enterprise value of I SYSTEMS DEVELOPMENT LIMITED at £115.3k based on an EBITDA of £30k and a 3.84x industry multiple (adjusted for size and gross margin).
i systems development limited Estimated Valuation
Pomanda estimates the enterprise value of I SYSTEMS DEVELOPMENT LIMITED at £42.7k based on Net Assets of £110.3k and 0.39x industry multiple (adjusted for liquidity).
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I Systems Development Limited Overview
I Systems Development Limited is a dissolved company that was located in london, N2 8EY with a Companies House number of 07519537. It operated in the other information technology service activities sector, SIC Code 62090. Founded in February 2011, it's largest shareholder was peter jeremy sserunkuma with a 100% stake. The last turnover for I Systems Development Limited was estimated at £178.8k.
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I Systems Development Limited Health Check
Pomanda's financial health check has awarded I Systems Development Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £178.8k, make it smaller than the average company (£2.1m)
- I Systems Development Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (7.4%)
- I Systems Development Limited
7.4% - Industry AVG
Production
with a gross margin of 28.6%, this company has a higher cost of product (53.3%)
- I Systems Development Limited
53.3% - Industry AVG
Profitability
an operating margin of 16.8% make it more profitable than the average company (6.5%)
- I Systems Development Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
- I Systems Development Limited
40 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- I Systems Development Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £178.8k, this is more efficient (£137.1k)
- I Systems Development Limited
£137.1k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (54 days)
- I Systems Development Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 244 days, this is slower than average (40 days)
- I Systems Development Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- I Systems Development Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - I Systems Development Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.9%, this is a lower level of debt than the average (65%)
46.9% - I Systems Development Limited
65% - Industry AVG
I SYSTEMS DEVELOPMENT LIMITED financials
I Systems Development Limited's latest turnover from February 2017 is estimated at £178.8 thousand and the company has net assets of £110.3 thousand. According to their latest financial statements, we estimate that I Systems Development Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 456 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 456 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 45,403 | 181,902 | 181,731 | 129,423 | 81,787 | 18,369 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 161,477 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 14 | 14 | 878 | 15,361 | 44,093 |
| misc current assets | 260 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 207,140 | 181,916 | 181,745 | 130,301 | 97,148 | 62,462 |
| total assets | 207,596 | 181,916 | 181,745 | 130,301 | 97,148 | 62,462 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 85,431 | 85,028 | 92,242 | 84,661 | 36,134 | 27,313 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 85,431 | 85,028 | 92,242 | 84,661 | 36,134 | 27,313 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,397 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 10,467 | 10,500 | 13,500 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,864 | 10,500 | 13,500 | 0 | 0 | 0 |
| total liabilities | 97,295 | 95,528 | 105,742 | 84,661 | 36,134 | 27,313 |
| net assets | 110,301 | 86,388 | 76,003 | 45,640 | 61,014 | 35,149 |
| total shareholders funds | 110,301 | 86,388 | 76,003 | 45,640 | 61,014 | 35,149 |
| Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 24,978 | 171 | 52,308 | 47,636 | 63,418 | 18,369 |
| Creditors | 403 | -7,214 | 7,581 | 48,527 | 8,821 | 27,313 |
| Accruals and Deferred Income | 1,397 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -33 | -3,000 | 13,500 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -14 | 0 | -864 | -14,483 | -28,732 | 44,093 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -14 | 0 | -864 | -14,483 | -28,732 | 44,093 |
i systems development limited Credit Report and Business Information
I Systems Development Limited Competitor Analysis
Perform a competitor analysis for i systems development limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in N 2 area or any other competitors across 12 key performance metrics.
i systems development limited Ownership
I SYSTEMS DEVELOPMENT LIMITED group structure
I Systems Development Limited has no subsidiary companies.
Ultimate parent company
I SYSTEMS DEVELOPMENT LIMITED
07519537
i systems development limited directors
I Systems Development Limited currently has 1 director, Mr Peter Sserunkuma serving since Feb 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Sserunkuma | United Kingdom | 44 years | Feb 2011 | - | Director |
P&L
February 2017turnover
178.8k
-72%
operating profit
30k
0%
gross margin
28.6%
+3.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2017net assets
110.3k
+0.28%
total assets
207.6k
+0.14%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
i systems development limited company details
company number
07519537
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2011
age
13
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2017
address
langley house park road, east finchley, london, N2 8EY
accountant
-
auditor
-
i systems development 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 i systems development limited.
i systems development limited Companies House Filings - See Documents
| date | description | view/download |
|---|
