umi digital solutions ltd
umi digital solutions ltd Company Information
Company Number
08786323
Website
umidigital.co.ukRegistered Address
5 richbell place, london, WC1N 3LA
Industry
Computer consultancy activities
Telephone
02036425898
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
lowy group limited 79.8%
stephen lowy 19.8%
View Allumi digital solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of UMI DIGITAL SOLUTIONS LTD at £666.7k based on a Turnover of £912.6k and 0.73x industry multiple (adjusted for size and gross margin).
umi digital solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of UMI DIGITAL SOLUTIONS LTD at £0 based on an EBITDA of £-29.8k and a 5.28x industry multiple (adjusted for size and gross margin).
umi digital solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of UMI DIGITAL SOLUTIONS LTD at £0 based on Net Assets of £-62.2k and 2.22x industry multiple (adjusted for liquidity).
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Umi Digital Solutions Ltd Overview
Umi Digital Solutions Ltd is a live company located in london, WC1N 3LA with a Companies House number of 08786323. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2013, it's largest shareholder is lowy group limited with a 79.8% stake. Umi Digital Solutions Ltd is a established, small sized company, Pomanda has estimated its turnover at £912.6k with high growth in recent years.
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Umi Digital Solutions Ltd Health Check
Pomanda's financial health check has awarded Umi Digital Solutions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £912.6k, make it in line with the average company (£778.5k)
- Umi Digital Solutions Ltd
£778.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (4.6%)
- Umi Digital Solutions Ltd
4.6% - Industry AVG
Production
with a gross margin of 49.1%, this company has a comparable cost of product (49.1%)
- Umi Digital Solutions Ltd
49.1% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (8.1%)
- Umi Digital Solutions Ltd
8.1% - Industry AVG
Employees
with 13 employees, this is above the industry average (8)
13 - Umi Digital Solutions Ltd
8 - Industry AVG
Pay Structure
on an average salary of £53.4k, the company has an equivalent pay structure (£53.4k)
- Umi Digital Solutions Ltd
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £70.2k, this is less efficient (£121.8k)
- Umi Digital Solutions Ltd
£121.8k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (69 days)
- Umi Digital Solutions Ltd
69 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (32 days)
- Umi Digital Solutions Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Umi Digital Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (21 weeks)
4 weeks - Umi Digital Solutions Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132.7%, this is a higher level of debt than the average (57.7%)
132.7% - Umi Digital Solutions Ltd
57.7% - Industry AVG
UMI DIGITAL SOLUTIONS LTD financials
Umi Digital Solutions Ltd's latest turnover from February 2023 is estimated at £912.6 thousand and the company has net assets of -£62.2 thousand. According to their latest financial statements, Umi Digital Solutions Ltd has 13 employees and maintains cash reserves of £19.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 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 | 13 | 9 | 8 | 8 | 8 | 8 | 5 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,025 | 0 | 0 | 0 | 0 | 11 | 67 | 157 | 247 | 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 | 1,025 | 0 | 0 | 0 | 0 | 11 | 67 | 157 | 247 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 5,000 | 5,000 | 0 | 0 | 0 |
| Trade Debtors | 148,652 | 104,768 | 100,067 | 80,125 | 84,772 | 60,060 | 38,138 | 36,499 | 46,758 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 20,801 | 6,318 | 13,856 | 17,984 | 3,799 | 2,843 | 7,702 | 10,010 | 0 | 0 |
| Cash | 19,760 | 70,833 | 56,093 | 32,554 | 5,106 | 5,058 | 4,118 | 10,311 | 9,044 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 189,213 | 181,919 | 170,016 | 130,663 | 93,677 | 72,961 | 54,958 | 56,820 | 55,802 | 0 |
| total assets | 190,238 | 181,919 | 170,016 | 130,663 | 93,677 | 72,972 | 55,025 | 56,977 | 56,049 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,648 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,251 | 5,733 | 6,084 | 7,787 | 25,404 | 20,887 | 11,317 | 40,953 | 61,633 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,118 | 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 | 180,162 | 149,521 | 140,901 | 118,637 | 103,074 | 71,456 | 52,555 | 38,158 | 0 | 0 |
| total current liabilities | 216,061 | 165,254 | 146,985 | 126,424 | 128,478 | 92,343 | 63,872 | 79,111 | 73,751 | 0 |
| loans | 22,356 | 32,642 | 50,000 | 0 | 0 | 0 | 0 | 0 | 197,875 | 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 | 14,000 | 14,000 | 14,000 | 33,117 | 46,667 | 54,417 | 64,000 | 187,625 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 36,356 | 46,642 | 64,000 | 33,117 | 46,667 | 54,417 | 64,000 | 187,625 | 197,875 | 0 |
| total liabilities | 252,417 | 211,896 | 210,985 | 159,541 | 175,145 | 146,760 | 127,872 | 266,736 | 271,626 | 0 |
| net assets | -62,179 | -29,977 | -40,969 | -28,878 | -81,468 | -73,788 | -72,847 | -209,759 | -215,577 | 0 |
| total shareholders funds | -62,179 | -29,977 | -40,969 | -28,878 | -81,468 | -73,788 | -72,847 | -209,759 | -215,577 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 426 | 0 | 0 | 0 | 11 | 56 | 90 | 90 | 45 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | -5,000 | 0 | 5,000 | 0 | 0 | 0 |
| Debtors | 58,367 | -2,837 | 15,814 | 9,538 | 25,668 | 17,063 | -669 | -249 | 46,758 | 0 |
| Creditors | 19,518 | -351 | -1,703 | -17,617 | 4,517 | 9,570 | -29,636 | -20,680 | 61,633 | 0 |
| Accruals and Deferred Income | 30,641 | 8,620 | 22,264 | 15,563 | 31,618 | 18,901 | 14,397 | 38,158 | 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 | 648 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,118 | 12,118 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,286 | -17,358 | 50,000 | 0 | 0 | 0 | 0 | -197,875 | 197,875 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -19,117 | -13,550 | -7,750 | -9,583 | -123,625 | 187,625 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -51,073 | 14,740 | 23,539 | 27,448 | 48 | 940 | -6,193 | 1,267 | 9,044 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -51,073 | 14,740 | 23,539 | 27,448 | 48 | 940 | -6,193 | 1,267 | 9,044 | 0 |
umi digital solutions ltd Credit Report and Business Information
Umi Digital Solutions Ltd Competitor Analysis
Perform a competitor analysis for umi digital solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.
umi digital solutions ltd Ownership
UMI DIGITAL SOLUTIONS LTD group structure
Umi Digital Solutions Ltd has no subsidiary companies.
Ultimate parent company
UMI DIGITAL SOLUTIONS LTD
08786323
umi digital solutions ltd directors
Umi Digital Solutions Ltd currently has 2 directors. The longest serving directors include Mr Stephen Lowy (Nov 2013) and Mr Harry Fielder (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Lowy | 43 years | Nov 2013 | - | Director | |
| Mr Harry Fielder | England | 32 years | Mar 2016 | - | Director |
P&L
February 2023turnover
912.6k
+49%
operating profit
-30.2k
0%
gross margin
49.2%
+3.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-62.2k
+1.07%
total assets
190.2k
+0.05%
cash
19.8k
-0.72%
net assets
Total assets minus all liabilities
umi digital solutions ltd company details
company number
08786323
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
November 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
5 richbell place, london, WC1N 3LA
Bank
-
Legal Advisor
-
umi digital solutions 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 umi digital solutions ltd.
umi digital solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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