so support ltd

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so support ltd Company Information

Share SO SUPPORT LTD

Company Number

07932514

Shareholders

design build international ltd

Group Structure

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Industry

Other human resources provision

 

Registered Address

network house, 110/112 lancaster road, barnet, hertfordshire, EN4 8AL

so support ltd Estimated Valuation

£346

Pomanda estimates the enterprise value of SO SUPPORT LTD at £346 based on a Turnover of £2.5k and 0.14x industry multiple (adjusted for size and gross margin).

so support ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SO SUPPORT LTD at £0 based on an EBITDA of £-563 and a 1.98x industry multiple (adjusted for size and gross margin).

so support ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SO SUPPORT LTD at £0 based on Net Assets of £-547 and 1.58x industry multiple (adjusted for liquidity).

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So Support Ltd Overview

So Support Ltd is a live company located in barnet, EN4 8AL with a Companies House number of 07932514. It operates in the human resources provision and management of human resources functions sector, SIC Code 78300. Founded in February 2012, it's largest shareholder is design build international ltd with a 100% stake. So Support Ltd is a established, micro sized company, Pomanda has estimated its turnover at £2.5k with declining growth in recent years.

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So Support Ltd Health Check

Pomanda's financial health check has awarded So Support Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £2.5k, make it smaller than the average company (£6.1m)

£2.5k - So Support Ltd

£6.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (8.5%)

-48% - So Support Ltd

8.5% - Industry AVG

production

Production

with a gross margin of 6.2%, this company has a higher cost of product (21.1%)

6.2% - So Support Ltd

21.1% - Industry AVG

profitability

Profitability

an operating margin of -22.5% make it less profitable than the average company (2.3%)

-22.5% - So Support Ltd

2.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (41)

1 - So Support Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.6k, the company has an equivalent pay structure (£56.6k)

£56.6k - So Support Ltd

£56.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.5k, this is less efficient (£97.9k)

£2.5k - So Support Ltd

£97.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 8 days, this is earlier than average (48 days)

8 days - So Support Ltd

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (6 days)

93 days - So Support Ltd

6 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - So Support Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - So Support Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1094.6%, this is a higher level of debt than the average (79.7%)

1094.6% - So Support Ltd

79.7% - Industry AVG

SO SUPPORT LTD financials

EXPORTms excel logo

So Support Ltd's latest turnover from January 2024 is estimated at £2.5 thousand and the company has net assets of -£547. According to their latest financial statements, we estimate that So Support Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Turnover2,506653,20617,363659,1571,248,3321,638,456209,719167,225000
Other Income Or Grants000000000000
Cost Of Sales2,351602,98816,334598,6721,130,4461,462,757189,670148,895000
Gross Profit15552171,02960,485117,886175,69920,04918,330000
Admin Expenses718679217288,93668,034162,099-186,00139,500-64,804000
Operating Profit-563-6740-287,907-7,549-44,213361,700-19,45183,134000
Interest Payable000000000000
Interest Receivable0000000125251000
Pre-Tax Profit-563-6740-287,907-7,549-44,213361,700-19,32683,385000
Tax000000-68,7230-16,677000
Profit After Tax-563-6740-287,907-7,549-44,213292,977-19,32666,708000
Dividends Paid000000000000
Retained Profit-563-6740-287,907-7,549-44,213292,977-19,32666,708000
Employee Costs56,59352,53050,58548,11752,004246,886333,64149,28347,690000
Number Of Employees111115711000
EBITDA*-563-6740-287,907-7,549-44,213361,700-19,45183,134000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Tangible Assets000000000000
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets000000000000
Stock & work in progress000000000000
Trade Debtors55166903,212299,485359,103437,30258,56920,000000
Group Debtors000000000000
Misc Debtors000000000000
Cash00000000100,227000
misc current assets000000000000
total current assets55166903,212299,485359,103437,30258,569120,227000
total assets55166903,212299,485359,103437,30258,569120,227000
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 602002,52210,88862,95796,94311,18753,518000
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000000000000
total current liabilities602002,52210,88862,95796,94311,18753,518000
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities000000000000
provisions000000000000
total long term liabilities000000000000
total liabilities602002,52210,88862,95796,94311,18753,518000
net assets-54716690690288,597296,146340,35947,38266,709000
total shareholders funds-54716690690288,597296,146340,35947,38266,709000
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Operating Activities
Operating Profit-563-6740-287,907-7,549-44,213361,700-19,45183,134000
Depreciation000000000000
Amortisation000000000000
Tax000000-68,7230-16,677000
Stock000000000000
Debtors39-674-2,522-296,273-59,618-78,199378,73338,56920,000000
Creditors6020-2,522-8,366-52,069-33,98685,756-42,33153,518000
Accruals and Deferred Income000000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations0000000-100,35199,975000
Investing Activities
capital expenditure000000000000
Change in Investments000000000000
cash flow from investments000000000000
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000000000
share issue0000000-11000
interest0000000125251000
cash flow from financing0000000124252000
cash and cash equivalents
cash0000000-100,227100,227000
overdraft000000000000
change in cash0000000-100,227100,227000

so support 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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So Support Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for so support ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EN4 area or any other competitors across 12 key performance metrics.

so support ltd Ownership

SO SUPPORT LTD group structure

So Support Ltd has no subsidiary companies.

Ultimate parent company

2 parents

SO SUPPORT LTD

07932514

SO SUPPORT LTD Shareholders

design build international ltd 100%

so support ltd directors

So Support Ltd currently has 1 director, Mr Patrick O'Connor serving since Apr 2020.

officercountryagestartendrole
Mr Patrick O'ConnorUnited Kingdom52 years Apr 2020- Director

P&L

January 2024

turnover

2.5k

+3740%

operating profit

-563

0%

gross margin

6.2%

-15.89%

turnover

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

Balance Sheet

January 2024

net assets

-547

-35.19%

total assets

55

+2.44%

cash

0

0%

net assets

Total assets minus all liabilities

so support ltd company details

company number

07932514

Type

Private limited with Share Capital

industry

78300 - Other human resources provision

incorporation date

February 2012

age

13

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

network house, 110/112 lancaster road, barnet, hertfordshire, EN4 8AL

Bank

-

Legal Advisor

-

so support 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 so support ltd.

so support 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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so support ltd Companies House Filings - See Documents

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