simplex services (uk) limited

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simplex services (uk) limited Company Information

Share SIMPLEX SERVICES (UK) LIMITED

Company Number

08957408

Shareholders

akshit das

jhalak bajaj

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Group Structure

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Industry

Business and domestic software development

 

Registered Address

cawley priory south pallant, chichester, west sussex, PO19 1SY

simplex services (uk) limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of SIMPLEX SERVICES (UK) LIMITED at £3.2m based on a Turnover of £3.4m and 0.93x industry multiple (adjusted for size and gross margin).

simplex services (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SIMPLEX SERVICES (UK) LIMITED at £0 based on an EBITDA of £-296k and a 5.72x industry multiple (adjusted for size and gross margin).

simplex services (uk) limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of SIMPLEX SERVICES (UK) LIMITED at £2.4m based on Net Assets of £993k and 2.37x industry multiple (adjusted for liquidity).

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Simplex Services (uk) Limited Overview

Simplex Services (uk) Limited is a live company located in west sussex, PO19 1SY with a Companies House number of 08957408. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2014, it's largest shareholder is akshit das with a 16.2% stake. Simplex Services (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £3.4m with high growth in recent years.

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Simplex Services (uk) Limited Health Check

Pomanda's financial health check has awarded Simplex Services (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £3.4m, make it in line with the average company (£3.7m)

£3.4m - Simplex Services (uk) Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.5%)

16% - Simplex Services (uk) Limited

10.5% - Industry AVG

production

Production

with a gross margin of 72.2%, this company has a comparable cost of product (72.2%)

72.2% - Simplex Services (uk) Limited

72.2% - Industry AVG

profitability

Profitability

an operating margin of -9% make it less profitable than the average company (4%)

-9% - Simplex Services (uk) Limited

4% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (32)

16 - Simplex Services (uk) Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.7k, the company has an equivalent pay structure (£67.7k)

£67.7k - Simplex Services (uk) Limited

£67.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £213k, this is more efficient (£118.1k)

£213k - Simplex Services (uk) Limited

£118.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 85 days, this is later than average (58 days)

85 days - Simplex Services (uk) Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 137 days, this is slower than average (39 days)

137 days - Simplex Services (uk) Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Simplex Services (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (19 weeks)

61 weeks - Simplex Services (uk) Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31.3%, this is a lower level of debt than the average (58.7%)

31.3% - Simplex Services (uk) Limited

58.7% - Industry AVG

SIMPLEX SERVICES (UK) LIMITED financials

EXPORTms excel logo

Simplex Services (Uk) Limited's latest turnover from March 2024 is estimated at £3.4 million and the company has net assets of £993 thousand. According to their latest financial statements, Simplex Services (Uk) Limited has 16 employees and maintains cash reserves of £533.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover3,407,6132,838,3633,444,2742,162,585996,1432,159,73479,741214,37416,81447,424
Other Income Or Grants0000000000
Cost Of Sales947,717789,477929,052594,269258,386550,67221,16556,6754,21711,337
Gross Profit2,459,8962,048,8852,515,2231,568,316737,7581,609,06258,576157,69912,59736,087
Admin Expenses2,767,9741,845,3832,351,1711,207,991493,6511,104,32582,72693,73720,51026,244
Operating Profit-308,078203,502164,052360,325244,107504,737-24,15063,962-7,9139,843
Interest Payable0000000000
Interest Receivable40,29135,6415,3447286842,78441616921593
Pre-Tax Profit-267,787239,143169,396361,053244,791507,521-23,73464,131-7,6989,935
Tax0-45,437-32,185-68,600-46,510-96,4290-12,8260-2,086
Profit After Tax-267,787193,706137,211292,453198,281411,092-23,73451,305-7,6987,849
Dividends Paid0000000000
Retained Profit-267,787193,706137,211292,453198,281411,092-23,73451,305-7,6987,849
Employee Costs1,083,6851,049,201917,766509,382400,9871,267,57859,023170,76853,98653,611
Number Of Employees16161597211311
EBITDA*-296,024217,898182,003387,229258,430506,041-23,20264,923-7,46910,365

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets32,76547,93957,68270,00845,9227,3905,3725,4505,1292,958
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets32,76547,93957,68270,00845,9227,3905,3725,4505,1292,958
Stock & work in progress0000000000
Trade Debtors797,258700,193917,523600,504237,911445,472039,9616930
Group Debtors0000000000
Misc Debtors81,025130,99518,16919,48138,90900000
Cash533,7661,001,137676,088749,064706,524662,25580,04186,44548,95037,060
misc current assets0000000000
total current assets1,412,0491,832,3251,611,7801,369,049983,3441,107,72780,041126,40649,64337,060
total assets1,444,8141,880,2641,669,4621,439,0571,029,2661,115,11785,413131,85654,77240,018
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 357,687397,695372,025254,766266,388561,61438,25678,30054,32132,069
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities94,115221,770230,344254,409125,449017,135000
total current liabilities451,802619,465602,369509,175391,837561,61455,39178,30054,32132,069
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income00000114,3812,0001,80000
other liabilities0000000000
provisions0000000000
total long term liabilities00000114,3812,0001,80000
total liabilities451,802619,465602,369509,175391,837675,99557,39180,10054,32132,069
net assets993,0121,260,7991,067,093929,882637,429439,12228,02251,7564517,949
total shareholders funds993,0121,260,7991,067,093929,882637,429439,12228,02251,7564517,949
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit-308,078203,502164,052360,325244,107504,737-24,15063,962-7,9139,843
Depreciation12,05414,39617,95126,90414,3231,304948961444522
Amortisation0000000000
Tax0-45,437-32,185-68,600-46,510-96,4290-12,8260-2,086
Stock0000000000
Debtors47,095-104,504315,707343,165-168,652445,472-39,96139,2686930
Creditors-40,00825,670117,259-11,622-295,226523,358-40,04423,97922,25232,069
Accruals and Deferred Income-127,655-8,574-24,065128,96011,06895,24617,3351,80000
Deferred Taxes & Provisions0000000000
Cash flow from operations-510,782294,061-72,69592,80296,414582,744-5,95038,60814,09040,348
Investing Activities
capital expenditure3,120-4,653-5,625-50,990-52,855-3,322-870-1,282-2,615-3,480
Change in Investments0000000000
cash flow from investments3,120-4,653-5,625-50,990-52,855-3,322-870-1,282-2,615-3,480
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000026800200100
interest40,29135,6415,3447286842,78441616921593
cash flow from financing40,29135,6415,3447287102,792416169415193
cash and cash equivalents
cash-467,371325,049-72,97642,54044,269582,214-6,40437,49511,89037,060
overdraft0000000000
change in cash-467,371325,049-72,97642,54044,269582,214-6,40437,49511,89037,060

simplex services (uk) limited 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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Simplex Services (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for simplex services (uk) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in PO19 area or any other competitors across 12 key performance metrics.

simplex services (uk) limited Ownership

SIMPLEX SERVICES (UK) LIMITED group structure

Simplex Services (Uk) Limited has no subsidiary companies.

Ultimate parent company

SIMPLEX SERVICES (UK) LIMITED

08957408

SIMPLEX SERVICES (UK) LIMITED Shareholders

akshit das 16.17%
jhalak bajaj 16.17%
pragati bajaj 14.97%
debasish das 14.97%
mohit bajaj 14.97%
sulakshana das 14.97%
david shing bang pang 7.78%

simplex services (uk) limited directors

Simplex Services (Uk) Limited currently has 4 directors. The longest serving directors include Mrs Sulakshana Das (Mar 2014) and Mrs Pragati Bajaj (Apr 2014).

officercountryagestartendrole
Mrs Sulakshana DasUnited Kingdom50 years Mar 2014- Director
Mrs Pragati BajajUnited Kingdom48 years Apr 2014- Director
Mr Debasish DasUnited Kingdom47 years May 2015- Director
Mr Mohit BajajUnited Kingdom49 years Jul 2019- Director

P&L

March 2024

turnover

3.4m

+20%

operating profit

-308.1k

0%

gross margin

72.2%

0%

turnover

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

Balance Sheet

March 2024

net assets

993k

-0.21%

total assets

1.4m

-0.23%

cash

533.8k

-0.47%

net assets

Total assets minus all liabilities

simplex services (uk) limited company details

company number

08957408

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

March 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

BLUE SPIRE LIMITED

auditor

-

address

cawley priory south pallant, chichester, west sussex, PO19 1SY

Bank

-

Legal Advisor

-

simplex services (uk) 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 simplex services (uk) limited.

simplex services (uk) 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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simplex services (uk) limited Companies House Filings - See Documents

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