thinkterns ltd
thinkterns ltd Company Information
Company Number
08444105
Website
www.thinkterns.comRegistered Address
33 wilton avenue, hampton gardens, peterborough, cambridgeshire, PE7 8RQ
Industry
Other information technology and computer service activities
Computer consultancy activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Rumit Sareen11 Years
Shareholders
rumit sareen 100%
thinkterns ltd Estimated Valuation
Pomanda estimates the enterprise value of THINKTERNS LTD at £5.5k based on a Turnover of £9.9k and 0.55x industry multiple (adjusted for size and gross margin).
thinkterns ltd Estimated Valuation
Pomanda estimates the enterprise value of THINKTERNS LTD at £2.9k based on an EBITDA of £751 and a 3.81x industry multiple (adjusted for size and gross margin).
thinkterns ltd Estimated Valuation
Pomanda estimates the enterprise value of THINKTERNS LTD at £0 based on Net Assets of £-3k and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Thinkterns Ltd Overview
Thinkterns Ltd is a live company located in peterborough, PE7 8RQ with a Companies House number of 08444105. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2013, it's largest shareholder is rumit sareen with a 100% stake. Thinkterns Ltd is a established, micro sized company, Pomanda has estimated its turnover at £9.9k with high growth in recent years.
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Thinkterns Ltd Health Check
Pomanda's financial health check has awarded Thinkterns Ltd a 2.5 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £9.9k, make it smaller than the average company (£3.3m)
- Thinkterns Ltd
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.4%)
- Thinkterns Ltd
6.4% - Industry AVG
Production
with a gross margin of 31.1%, this company has a higher cost of product (56.2%)
- Thinkterns Ltd
56.2% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (5%)
- Thinkterns Ltd
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
- Thinkterns Ltd
25 - Industry AVG
Pay Structure
on an average salary of £61.4k, the company has an equivalent pay structure (£61.4k)
- Thinkterns Ltd
£61.4k - Industry AVG
Efficiency
resulting in sales per employee of £9.9k, this is less efficient (£130.6k)
- Thinkterns Ltd
£130.6k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (62 days)
- Thinkterns Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 325 days, this is slower than average (38 days)
- Thinkterns Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thinkterns Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thinkterns Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 196%, this is a higher level of debt than the average (60.8%)
196% - Thinkterns Ltd
60.8% - Industry AVG
THINKTERNS LTD financials
Thinkterns Ltd's latest turnover from March 2023 is estimated at £9.9 thousand and the company has net assets of -£3 thousand. According to their latest financial statements, we estimate that Thinkterns Ltd 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,095 | 4,502 | 14,540 | 1,093 | 2,038 | 3,301 | 2,412 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,267 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,095 | 4,502 | 14,540 | 1,093 | 2,038 | 3,301 | 2,412 | 1,267 | 0 | 0 |
| total assets | 3,095 | 4,502 | 14,540 | 1,093 | 2,038 | 3,301 | 2,412 | 1,267 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,065 | 8,081 | 21,078 | 15,269 | 16,367 | 609 | 1,252 | 228 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,065 | 8,081 | 21,078 | 15,269 | 16,367 | 609 | 1,252 | 228 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 272 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 272 | 0 | 0 |
| total liabilities | 6,065 | 8,081 | 21,078 | 15,269 | 16,367 | 609 | 1,252 | 500 | 0 | 0 |
| net assets | -2,970 | -3,579 | -6,538 | -14,176 | -14,329 | 2,692 | 1,160 | 767 | 0 | 0 |
| total shareholders funds | -2,970 | -3,579 | -6,538 | -14,176 | -14,329 | 2,692 | 1,160 | 767 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,407 | -10,038 | 13,447 | -945 | -1,263 | 889 | 2,412 | 0 | 0 | 0 |
| Creditors | -2,016 | -12,997 | 5,809 | -1,098 | 15,758 | -643 | 1,024 | 228 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -272 | 272 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,267 | 1,267 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,267 | 1,267 | 0 | 0 |
thinkterns ltd Credit Report and Business Information
Thinkterns Ltd Competitor Analysis
Perform a competitor analysis for thinkterns ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in PE7 area or any other competitors across 12 key performance metrics.
thinkterns ltd Ownership
THINKTERNS LTD group structure
Thinkterns Ltd has no subsidiary companies.
Ultimate parent company
THINKTERNS LTD
08444105
thinkterns ltd directors
Thinkterns Ltd currently has 1 director, Mr Rumit Sareen serving since Mar 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rumit Sareen | England | 42 years | Mar 2013 | - | Director |
P&L
March 2023turnover
9.9k
-73%
operating profit
751.9
0%
gross margin
31.2%
-3.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3k
-0.17%
total assets
3.1k
-0.31%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
thinkterns ltd company details
company number
08444105
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62090 - Other information technology and computer service activities
62020 - Computer consultancy activities
incorporation date
March 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
33 wilton avenue, hampton gardens, peterborough, cambridgeshire, PE7 8RQ
Bank
-
Legal Advisor
-
thinkterns 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 thinkterns ltd.
thinkterns ltd Companies House Filings - See Documents
| date | description | view/download |
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