megaitconsultants ltd

Dissolved 

megaitconsultants ltd Company Information

Share MEGAITCONSULTANTS LTD

Company Number

07611594

Directors

Puneet Misra

Shareholders

shweta sharma

puneet misra

Group Structure

View All

Industry

Business and domestic software development

 

Registered Address

17 orchardville, burnham, slough, SL1 7BD

megaitconsultants ltd Estimated Valuation

£33.7k

Pomanda estimates the enterprise value of MEGAITCONSULTANTS LTD at £33.7k based on a Turnover of £54.5k and 0.62x industry multiple (adjusted for size and gross margin).

megaitconsultants ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MEGAITCONSULTANTS LTD at £0 based on an EBITDA of £-6k and a 3.69x industry multiple (adjusted for size and gross margin).

megaitconsultants ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MEGAITCONSULTANTS LTD at £0 based on Net Assets of £-42k and 2.36x industry multiple (adjusted for liquidity).

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Megaitconsultants Ltd Overview

Megaitconsultants Ltd is a dissolved company that was located in slough, SL1 7BD with a Companies House number of 07611594. It operated in the business and domestic software development sector, SIC Code 62012. Founded in April 2011, it's largest shareholder was shweta sharma with a 50% stake. The last turnover for Megaitconsultants Ltd was estimated at £54.5k.

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Megaitconsultants Ltd Health Check

Pomanda's financial health check has awarded Megaitconsultants Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £54.5k, make it smaller than the average company (£1.6m)

£54.5k - Megaitconsultants Ltd

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (7.7%)

47% - Megaitconsultants Ltd

7.7% - Industry AVG

production

Production

with a gross margin of 43.1%, this company has a higher cost of product (74.3%)

43.1% - Megaitconsultants Ltd

74.3% - Industry AVG

profitability

Profitability

an operating margin of -11% make it less profitable than the average company (4.5%)

-11% - Megaitconsultants Ltd

4.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (25)

2 - Megaitconsultants Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.1k, the company has an equivalent pay structure (£56.1k)

£56.1k - Megaitconsultants Ltd

£56.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £27.2k, this is less efficient (£100.2k)

£27.2k - Megaitconsultants Ltd

£100.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (67 days)

4 days - Megaitconsultants Ltd

67 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 501 days, this is slower than average (48 days)

501 days - Megaitconsultants Ltd

48 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Megaitconsultants Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Megaitconsultants Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6957.5%, this is a higher level of debt than the average (62.6%)

6957.5% - Megaitconsultants Ltd

62.6% - Industry AVG

MEGAITCONSULTANTS LTD financials

EXPORTms excel logo

Megaitconsultants Ltd's latest turnover from April 2020 is estimated at £54.5 thousand and the company has net assets of -£42 thousand. According to their latest financial statements, Megaitconsultants Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Turnover54,4587,19115,66317,22517,24992,763116,859102,5604,437
Other Income Or Grants
Cost Of Sales30,9624,1769,19310,08310,27052,18167,84357,6612,421
Gross Profit23,4953,0156,4707,1436,98040,58249,01644,8992,016
Admin Expenses29,5078,94136,0827,7137,54839,94649,04448,994-3,279
Operating Profit-6,012-5,926-29,612-570-568636-28-4,0955,295
Interest Payable
Interest Receivable53536016116966
Pre-Tax Profit-6,012-5,926-29,559-517-508653-17-4,0265,362
Tax-130-1,287
Profit After Tax-6,012-5,926-29,559-517-508522-17-4,0264,075
Dividends Paid
Retained Profit-6,012-5,926-29,559-517-508522-17-4,0264,075
Employee Costs112,14060,29059,18156,88254,20953,33453,40251,77752,164
Number Of Employees211111111
EBITDA*-6,012-5,926-29,612-5705201,807492-3,5755,707

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Tangible Assets1,0886261,1461,237
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,0886261,1461,237
Stock & work in progress
Trade Debtors6121,2884,25026,81731,67627,368641
Group Debtors
Misc Debtors
Cash21,09720,9972,9473,49687026,574
misc current assets
total current assets6121,2884,25021,09720,99729,76435,17228,23827,215
total assets6121,2884,25021,09720,99730,85235,79829,38428,452
Bank overdraft
Bank loan
Trade Creditors 42,58037,24434,28021,56420,94730,29435,76229,33124,373
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities42,58037,24434,28021,56420,94730,29435,76229,33124,373
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities42,58037,24434,28021,56420,94730,29435,76229,33124,373
net assets-41,968-35,956-30,030-4675055836534,079
total shareholders funds-41,968-35,956-30,030-4675055836534,079
Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Operating Activities
Operating Profit-6,012-5,926-29,612-570-568636-28-4,0955,295
Depreciation1,0881,171520520412
Amortisation
Tax-130-1,287
Stock
Debtors-676-2,9624,250-26,817-4,8594,30826,727641
Creditors5,3362,96412,716617-9,347-5,4686,4314,95824,373
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-21,1464717,9901,0682,615-25,34428,152
Investing Activities
capital expenditure-1,633-429-1,649
Change in Investments
cash flow from investments-1,633-429-1,649
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-44
interest53536016116966
cash flow from financing49536016116970
cash and cash equivalents
cash-21,09710018,050-5492,626-25,70426,574
overdraft
change in cash-21,09710018,050-5492,626-25,70426,574

megaitconsultants ltd 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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Megaitconsultants Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for megaitconsultants ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in SL1 area or any other competitors across 12 key performance metrics.

megaitconsultants ltd Ownership

MEGAITCONSULTANTS LTD group structure

Megaitconsultants Ltd has no subsidiary companies.

Ultimate parent company

MEGAITCONSULTANTS LTD

07611594

MEGAITCONSULTANTS LTD Shareholders

shweta sharma 50%
puneet misra 50%

megaitconsultants ltd directors

Megaitconsultants Ltd currently has 1 director, Mr Puneet Misra serving since Apr 2011.

officercountryagestartendrole
Mr Puneet MisraEngland48 years Apr 2011- Director

P&L

April 2020

turnover

54.5k

+657%

operating profit

-6k

0%

gross margin

43.2%

+2.89%

turnover

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

Balance Sheet

April 2020

net assets

-42k

+0.17%

total assets

612

-0.52%

cash

0

0%

net assets

Total assets minus all liabilities

megaitconsultants ltd company details

company number

07611594

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

April 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2020

previous names

N/A

accountant

-

auditor

-

address

17 orchardville, burnham, slough, SL1 7BD

Bank

-

Legal Advisor

-

megaitconsultants ltd 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 megaitconsultants ltd.

megaitconsultants ltd 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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megaitconsultants ltd Companies House Filings - See Documents

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