techinservice limited
techinservice limited Company Information
Company Number
07899275
Next Accounts
Oct 2025
Shareholders
igor shchutskyi
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
49 queen victoria street, london, EC4N 4SA
Website
techinservice.com.uatechinservice limited Estimated Valuation
Pomanda estimates the enterprise value of TECHINSERVICE LIMITED at £2.2m based on a Turnover of £6.1m and 0.35x industry multiple (adjusted for size and gross margin).
techinservice limited Estimated Valuation
Pomanda estimates the enterprise value of TECHINSERVICE LIMITED at £0 based on an EBITDA of £-4.1m and a 4.4x industry multiple (adjusted for size and gross margin).
techinservice limited Estimated Valuation
Pomanda estimates the enterprise value of TECHINSERVICE LIMITED at £82.7m based on Net Assets of £31.6m and 2.62x industry multiple (adjusted for liquidity).
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Techinservice Limited Overview
Techinservice Limited is a live company located in london, EC4N 4SA with a Companies House number of 07899275. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in January 2012, it's largest shareholder is igor shchutskyi with a 100% stake. Techinservice Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.1m with healthy growth in recent years.
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Techinservice Limited Health Check
Pomanda's financial health check has awarded Techinservice Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £6.1m, make it smaller than the average company (£15.6m)
- Techinservice Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8%)
- Techinservice Limited
8% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
- Techinservice Limited
27.2% - Industry AVG
Profitability
an operating margin of -67% make it less profitable than the average company (5.1%)
- Techinservice Limited
5.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (38)
5 - Techinservice Limited
38 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Techinservice Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£370.5k)
- Techinservice Limited
£370.5k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (50 days)
- Techinservice Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
- Techinservice Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Techinservice Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (16 weeks)
11 weeks - Techinservice Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.4%, this is a lower level of debt than the average (46.1%)
5.4% - Techinservice Limited
46.1% - Industry AVG
TECHINSERVICE LIMITED financials
Techinservice Limited's latest turnover from January 2024 is estimated at £6.1 million and the company has net assets of £31.6 million. According to their latest financial statements, Techinservice Limited has 5 employees and maintains cash reserves of £413.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,749,921 | 1,435,323 | ||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 1,156,731 | 486,628 | ||||||||||
| Gross Profit | 593,190 | 948,695 | ||||||||||
| Admin Expenses | 558,624 | 826,458 | ||||||||||
| Operating Profit | 34,566 | 122,237 | ||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | -21,578,644 | 60,654,308 | ||||||||||
| Tax | -7,246 | -20,246 | ||||||||||
| Profit After Tax | -21,585,890 | 60,634,062 | ||||||||||
| Dividends Paid | 322,653 | 275,370 | ||||||||||
| Retained Profit | -21,908,543 | 60,358,692 | ||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 5 | 5 | 4 | 2 | 2 | |||||||
| EBITDA* | 38,140 | 125,811 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,253 | 7,147 | 10,721 | |||||||||
| Intangible Assets | ||||||||||||
| Investments & Other | 19,755,669 | 21,702,713 | 21,702,713 | 18,774,412 | 18,774,412 | 19,289,578 | 8,175,151 | |||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 19,758,922 | 21,709,861 | 21,713,435 | 18,774,412 | 18,774,412 | 19,289,578 | 8,175,151 | |||||
| Stock & work in progress | 417,494 | 481,351 | 416,404 | 673,582 | 347,036 | 1,405,222 | ||||||
| Trade Debtors | 1,781,782 | 2,020,006 | 2,048,374 | 1,354,812 | 857,744 | 1,006,054 | 1,715,726 | 811,285 | 776,742 | 2,055,631 | 173,900 | 173,900 |
| Group Debtors | ||||||||||||
| Misc Debtors | 3,435,424 | 3,106,991 | 23,294,101 | 18,838,358 | 957,794 | 216,249 | 8,845 | |||||
| Cash | 413,718 | 11,496,521 | 66,865,383 | 864,527 | 4,567,175 | 2,462,320 | 31,195 | 199,376 | 122,822 | 50,116 | 300,828 | 300,828 |
| misc current assets | 8,013,978 | |||||||||||
| total current assets | 13,644,904 | 17,041,012 | 92,689,210 | 21,474,102 | 7,056,295 | 4,031,659 | 3,152,143 | 1,010,661 | 908,409 | 2,105,747 | 474,728 | 474,728 |
| total assets | 33,403,825 | 38,750,873 | 114,402,645 | 40,248,513 | 25,830,707 | 23,321,237 | 11,327,295 | 1,010,661 | 908,409 | 2,105,747 | 474,728 | 474,728 |
| Bank overdraft | 3,687 | 1,309 | ||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 11,742 | 7,961 | 178,729 | 64,235 | 46,253 | 3,732,794 | 1,780,496 | 940,621 | 865,222 | 2,053,324 | 447,443 | 447,443 |
| Group/Directors Accounts | 7,956,818 | 7,956,818 | ||||||||||
| other short term finances | 1,559,939 | 1,713,681 | 53,581,711 | 29,049,821 | 12,110,846 | |||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 245,888 | 1,762,508 | 3,469,316 | 3,157,572 | 5,829,857 | 19,701,361 | 9,543,445 | 67,711 | 17,282 | |||
| total current liabilities | 1,817,570 | 3,487,838 | 57,231,066 | 40,228,448 | 25,943,774 | 23,434,156 | 11,323,942 | 1,008,332 | 882,504 | 2,053,324 | 447,443 | 447,443 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | ||||||||||||
| total liabilities | 1,817,570 | 3,487,838 | 57,231,066 | 40,228,448 | 25,943,774 | 23,434,156 | 11,323,942 | 1,008,332 | 882,504 | 2,053,324 | 447,443 | 447,443 |
| net assets | 31,586,256 | 35,263,035 | 57,171,579 | 20,066 | -113,067 | -112,918 | 3,353 | 2,329 | 25,905 | 52,423 | 27,285 | 27,285 |
| total shareholders funds | 31,586,256 | 35,263,035 | 57,171,579 | 20,066 | -113,067 | -112,918 | 3,353 | 2,329 | 25,905 | 52,423 | 27,285 | 27,285 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 34,566 | 122,237 | ||||||||||
| Depreciation | 3,253 | 3,574 | 3,574 | |||||||||
| Amortisation | ||||||||||||
| Tax | -7,246 | -20,246 | ||||||||||
| Stock | -417,494 | -63,858 | 64,947 | -257,178 | 326,546 | -1,058,186 | 1,405,222 | |||||
| Debtors | 90,210 | -20,215,478 | 5,149,304 | 18,377,633 | 593,235 | -493,423 | 904,441 | 25,698 | -1,270,044 | 1,881,731 | 173,900 | |
| Creditors | 3,781 | -170,769 | 114,494 | 17,983 | -3,686,541 | 1,952,298 | 839,875 | 75,399 | -1,188,102 | 1,605,881 | 447,443 | |
| Accruals and Deferred Income | -1,516,620 | -1,706,808 | 311,744 | -2,672,285 | -13,871,504 | 10,157,916 | 9,475,734 | 50,429 | 17,282 | |||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | 18,432,653 | -4,682,448 | ||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -1,947,044 | 2,928,301 | -515,166 | 11,114,427 | 8,175,151 | |||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -7,956,818 | 7,956,818 | ||||||||||
| Other Short Term Loans | -153,742 | -51,868,030 | 24,531,890 | 16,938,975 | 12,110,846 | |||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | -51,868,030 | 13,367,893 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -11,082,803 | -55,368,862 | 66,000,857 | -3,702,648 | 2,104,854 | 2,431,125 | -168,181 | 76,554 | 72,706 | -250,712 | 300,828 | |
| overdraft | -3,687 | 2,378 | 1,309 | |||||||||
| change in cash | -11,079,116 | -55,371,240 | 65,999,548 | -3,702,648 | 2,104,854 | 2,431,125 | -168,181 | 76,554 | 72,706 | -250,712 | 300,828 |
techinservice limited Credit Report and Business Information
Techinservice Limited Competitor Analysis
Perform a competitor analysis for techinservice limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in EC4N area or any other competitors across 12 key performance metrics.
techinservice limited Ownership
TECHINSERVICE LIMITED group structure
Techinservice Limited has no subsidiary companies.
Ultimate parent company
TECHINSERVICE LIMITED
07899275
techinservice limited directors
Techinservice Limited currently has 2 directors. The longest serving directors include Mr Igor Shchutskyi (Mar 2017) and Mr Barry Mills (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Igor Shchutskyi | United Kingdom | 59 years | Mar 2017 | - | Director |
| Mr Barry Mills | United Kingdom | 77 years | Sep 2021 | - | Director |
P&L
January 2024turnover
6.1m
+249%
operating profit
-4.1m
0%
gross margin
27.2%
-19.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
31.6m
-0.1%
total assets
33.4m
-0.14%
cash
413.7k
-0.96%
net assets
Total assets minus all liabilities
techinservice limited company details
company number
07899275
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
January 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
HAWKSFORD UK SERVICES LIMITED
auditor
-
address
49 queen victoria street, london, EC4N 4SA
Bank
-
Legal Advisor
-
techinservice 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 techinservice limited.
techinservice 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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techinservice limited Companies House Filings - See Documents
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