professional it (mk) limited Company Information
Company Number
07802423
Website
http://pro-ituk.comRegistered Address
17 the hythe, two mile ash, milton keynes, bucks, MK8 8PB
Industry
Other information technology and computer service activities
Telephone
01908776699
Next Accounts Due
December 2024
Group Structure
View All
Directors
Hasnain Datoo12 Years
Shareholders
hasnain datoo 50%
sukaina datoo 50%
professional it (mk) limited Estimated Valuation
Pomanda estimates the enterprise value of PROFESSIONAL IT (MK) LIMITED at £768.4k based on a Turnover of £1.4m and 0.55x industry multiple (adjusted for size and gross margin).
professional it (mk) limited Estimated Valuation
Pomanda estimates the enterprise value of PROFESSIONAL IT (MK) LIMITED at £476.3k based on an EBITDA of £116.7k and a 4.08x industry multiple (adjusted for size and gross margin).
professional it (mk) limited Estimated Valuation
Pomanda estimates the enterprise value of PROFESSIONAL IT (MK) LIMITED at £418.3k based on Net Assets of £182.3k and 2.3x industry multiple (adjusted for liquidity).
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Professional It (mk) Limited Overview
Professional It (mk) Limited is a live company located in milton keynes, MK8 8PB with a Companies House number of 07802423. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2011, it's largest shareholder is hasnain datoo with a 50% stake. Professional It (mk) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.
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Professional It (mk) Limited Health Check
Pomanda's financial health check has awarded Professional It (Mk) Limited a 3.5 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
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
4 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £1.4m, make it smaller than the average company (£6.3m)
- Professional It (mk) Limited
£6.3m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (6.3%)
- Professional It (mk) Limited
6.3% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 26%, this company has a higher cost of product (49.1%)
- Professional It (mk) Limited
49.1% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 8.4% make it more profitable than the average company (3.5%)
- Professional It (mk) Limited
3.5% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 1 employees, this is below the industry average (42)
1 - Professional It (mk) Limited
42 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £66.2k, the company has an equivalent pay structure (£66.2k)
- Professional It (mk) Limited
£66.2k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£159.7k)
- Professional It (mk) Limited
£159.7k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 165 days, this is later than average (55 days)
- Professional It (mk) Limited
55 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 143 days, this is slower than average (37 days)
- Professional It (mk) Limited
37 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Professional It (mk) Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Professional It (mk) Limited
- - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 71%, this is a higher level of debt than the average (63.7%)
71% - Professional It (mk) Limited
63.7% - Industry AVG
PROFESSIONAL IT (MK) LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Professional It (Mk) Limited's latest turnover from March 2023 is estimated at £1.4 million and the company has net assets of £182.3 thousand. According to their latest financial statements, Professional It (Mk) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 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 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 139 | 231 | 323 | 0 | 40 | 687 | 1,334 | 1,627 | 1,984 | 2,419 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,950 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 139 | 231 | 323 | 0 | 40 | 687 | 1,334 | 2,627 | 2,984 | 3,419 | 3,950 | 1,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 627,810 | 1,063,755 | 401,338 | 177,182 | 75,519 | 184,491 | 155,504 | 104,463 | 147,205 | 166,010 | 71,689 | 56,958 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 1,538 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,943 | 12,526 | 29,321 | 36,894 | 8,906 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 627,810 | 1,065,293 | 401,338 | 177,182 | 75,519 | 184,491 | 155,504 | 110,406 | 159,731 | 195,331 | 108,583 | 65,864 |
total assets | 627,949 | 1,065,524 | 401,661 | 177,182 | 75,559 | 185,178 | 156,838 | 113,033 | 162,715 | 198,750 | 112,533 | 66,864 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 405,387 | 668,363 | 356,730 | 158,571 | 107,588 | 143,984 | 123,776 | 155,512 | 177,371 | 176,581 | 70,857 | 71,663 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 405,387 | 668,363 | 356,730 | 158,571 | 107,588 | 143,984 | 123,776 | 155,512 | 177,371 | 176,581 | 70,857 | 71,663 |
loans | 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 |
Accruals and Deferred Income | 2,500 | 267,217 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 37,780 | 42,157 | 46,667 | 71,675 | 54,148 | 145,550 | 145,550 | 46,375 | 49,823 | 46,200 | 49,732 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 40,280 | 309,374 | 46,667 | 71,675 | 54,148 | 145,550 | 145,550 | 46,375 | 49,823 | 46,200 | 49,732 | 0 |
total liabilities | 445,667 | 977,737 | 403,397 | 230,246 | 161,736 | 289,534 | 269,326 | 201,887 | 227,194 | 222,781 | 120,589 | 71,663 |
net assets | 182,282 | 87,787 | -1,736 | -53,064 | -86,177 | -104,356 | -112,488 | -88,854 | -64,479 | -24,031 | -8,056 | -4,799 |
total shareholders funds | 182,282 | 87,787 | -1,736 | -53,064 | -86,177 | -104,356 | -112,488 | -88,854 | -64,479 | -24,031 | -8,056 | -4,799 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 0 | 357 | 435 | 0 | 0 | 0 | ||||||
Amortisation | 0 | 0 | 0 | 531 | 647 | 0 | ||||||
Tax | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -437,483 | 663,955 | 224,156 | 101,663 | -108,972 | 28,987 | 51,041 | -42,742 | -18,805 | 94,321 | 14,731 | 56,958 |
Creditors | -262,976 | 311,633 | 198,159 | 50,983 | -36,396 | 20,208 | -31,736 | -21,859 | 790 | 105,724 | -806 | 71,663 |
Accruals and Deferred Income | -264,717 | 267,217 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | 0 | 0 | 0 | 0 | 1,000 |
cash flow from investments | ||||||||||||
Financing Activities | ||||||||||||
Bank loans | 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 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -4,377 | -4,510 | -25,008 | 17,527 | -91,402 | 0 | 99,175 | -3,448 | 3,623 | -3,532 | 49,732 | 0 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,943 | -6,583 | -16,795 | -7,573 | 27,988 | 8,906 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,943 | -6,583 | -16,795 | -7,573 | 27,988 | 8,906 |
professional it (mk) limited Credit Report and Business Information
Professional It (mk) Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for professional it (mk) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in MK8 area or any other competitors across 12 key performance metrics.
professional it (mk) limited Ownership
PROFESSIONAL IT (MK) LIMITED group structure
Professional It (Mk) Limited has no subsidiary companies.
Ultimate parent company
PROFESSIONAL IT (MK) LIMITED
07802423
professional it (mk) limited directors
Professional It (Mk) Limited currently has 1 director, Mr Hasnain Datoo serving since Nov 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Hasnain Datoo | England | 57 years | Nov 2011 | - | Director |
P&L
March 2023turnover
1.4m
-43%
operating profit
116.7k
0%
gross margin
26%
-0.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
182.3k
+1.08%
total assets
627.9k
-0.41%
cash
0
0%
net assets
Total assets minus all liabilities
professional it (mk) limited company details
company number
07802423
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2011
age
13
accounts
Micro-Entity Accounts
ultimate parent company
previous names
prestige it (uk) limited (December 2014)
incorporated
UK
address
17 the hythe, two mile ash, milton keynes, bucks, MK8 8PB
last accounts submitted
March 2023
professional it (mk) 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 professional it (mk) limited.
![charges](/assets/images/company_charges.png)
professional it (mk) limited Companies House Filings - See Documents
date | description | view/download |
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