harbinger it solutions limited
harbinger it solutions limited Company Information
Company Number
07824366
Next Accounts
Dec 2024
Industry
Business and domestic software development
Directors
Shareholders
akashdeep taneja
Group Structure
View All
Contact
Registered Address
c/o neum insolvency, suite 9, am, 15 college road, harrow, middlesex, HA1 1BA
Website
-harbinger it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HARBINGER IT SOLUTIONS LIMITED at £326.1k based on a Turnover of £481.4k and 0.68x industry multiple (adjusted for size and gross margin).
harbinger it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HARBINGER IT SOLUTIONS LIMITED at £261.8k based on an EBITDA of £62.8k and a 4.17x industry multiple (adjusted for size and gross margin).
harbinger it solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HARBINGER IT SOLUTIONS LIMITED at £657.4k based on Net Assets of £279.9k and 2.35x industry multiple (adjusted for liquidity).
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Harbinger It Solutions Limited Overview
Harbinger It Solutions Limited is a dissolved company that was located in harrow, HA1 1BA with a Companies House number of 07824366. It operated in the business and domestic software development sector, SIC Code 62012. Founded in October 2011, it's largest shareholder was akashdeep taneja with a 100% stake. The last turnover for Harbinger It Solutions Limited was estimated at £481.4k.
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Harbinger It Solutions Limited Health Check
Pomanda's financial health check has awarded Harbinger It Solutions 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 £481.4k, make it smaller than the average company (£1.2m)
- Harbinger It Solutions Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 200%, show it is growing at a faster rate (7.1%)
- Harbinger It Solutions Limited
7.1% - Industry AVG
Production
with a gross margin of 41.1%, this company has a higher cost of product (74.8%)
- Harbinger It Solutions Limited
74.8% - Industry AVG
Profitability
an operating margin of 13% make it more profitable than the average company (4.7%)
- Harbinger It Solutions Limited
4.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (35)
1 - Harbinger It Solutions Limited
35 - Industry AVG
Pay Structure
on an average salary of £58.7k, the company has an equivalent pay structure (£58.7k)
- Harbinger It Solutions Limited
£58.7k - Industry AVG
Efficiency
resulting in sales per employee of £481.4k, this is more efficient (£107.7k)
- Harbinger It Solutions Limited
£107.7k - Industry AVG
Debtor Days
it gets paid by customers after 204 days, this is later than average (68 days)
- Harbinger It Solutions Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (47 days)
- Harbinger It Solutions Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harbinger It Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Harbinger It Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.1%, this is a lower level of debt than the average (61.1%)
9.1% - Harbinger It Solutions Limited
61.1% - Industry AVG
HARBINGER IT SOLUTIONS LIMITED financials
Harbinger It Solutions Limited's latest turnover from October 2018 is estimated at £481.4 thousand and the company has net assets of £279.9 thousand. According to their latest financial statements, Harbinger It Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 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 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 534 | 712 | 949 | 1,265 | 910 | 289 | 385 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 534 | 712 | 949 | 1,265 | 910 | 289 | 385 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 269,816 | 273,623 | 11,160 | 0 | 72,534 | 10,043 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 38,569 | 17,279 | 0 | 0 | 0 |
| Cash | 0 | 0 | 145,532 | 144,639 | 55,544 | 74,926 | 43,851 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 307,471 | 273,623 | 195,261 | 161,918 | 128,078 | 84,969 | 43,852 |
| total assets | 308,005 | 274,335 | 196,210 | 163,183 | 128,988 | 85,258 | 44,237 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 28,145 | 45,338 | 32,258 | 25,738 | 28,709 | 26,858 | 14,749 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 28,145 | 45,338 | 32,258 | 25,738 | 28,709 | 26,858 | 14,749 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 28,145 | 45,338 | 32,258 | 25,738 | 28,709 | 26,858 | 14,749 |
| net assets | 279,860 | 228,997 | 163,952 | 137,445 | 100,279 | 58,400 | 29,488 |
| total shareholders funds | 279,860 | 228,997 | 163,952 | 137,445 | 100,279 | 58,400 | 29,488 |
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 316 | 422 | 303 | 96 | 129 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,807 | 223,894 | 32,450 | -55,255 | 62,491 | 10,042 | 1 |
| Creditors | -17,193 | 13,080 | 6,520 | -2,971 | 1,851 | 12,109 | 14,749 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | -145,532 | 893 | 89,095 | -19,382 | 31,075 | 43,851 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -145,532 | 893 | 89,095 | -19,382 | 31,075 | 43,851 |
harbinger it solutions limited Credit Report and Business Information
Harbinger It Solutions Limited Competitor Analysis
Perform a competitor analysis for harbinger it solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in HA1 area or any other competitors across 12 key performance metrics.
harbinger it solutions limited Ownership
HARBINGER IT SOLUTIONS LIMITED group structure
Harbinger It Solutions Limited has no subsidiary companies.
Ultimate parent company
HARBINGER IT SOLUTIONS LIMITED
07824366
harbinger it solutions limited directors
Harbinger It Solutions Limited currently has 1 director, Akashdeep Taneja serving since Oct 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Akashdeep Taneja | United Kingdom | 43 years | Oct 2011 | - | Director |
P&L
October 2018turnover
481.4k
+1%
operating profit
62.8k
0%
gross margin
41.1%
-5.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2018net assets
279.9k
+0.22%
total assets
308k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
harbinger it solutions limited company details
company number
07824366
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2018
previous names
N/A
accountant
-
auditor
-
address
c/o neum insolvency, suite 9, am, 15 college road, harrow, middlesex, HA1 1BA
Bank
-
Legal Advisor
-
harbinger it 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 harbinger it solutions limited.
harbinger it 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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harbinger it solutions limited Companies House Filings - See Documents
| date | description | view/download |
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