meghana it solutions ltd
meghana it solutions ltd Company Information
Company Number
09105742
Website
-Registered Address
190 uppingham avenue, stanmore, middlesex, HA7 2JT
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Muralidhar Desham10 Years
Shareholders
ramya desham 50%
muralidhar desham 50%
meghana it solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MEGHANA IT SOLUTIONS LTD at £86.4k based on a Turnover of £123.8k and 0.7x industry multiple (adjusted for size and gross margin).
meghana it solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MEGHANA IT SOLUTIONS LTD at £0 based on an EBITDA of £-9.2k and a 4.98x industry multiple (adjusted for size and gross margin).
meghana it solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MEGHANA IT SOLUTIONS LTD at £0 based on Net Assets of £-17.8k and 2.22x industry multiple (adjusted for liquidity).
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Meghana It Solutions Ltd Overview
Meghana It Solutions Ltd is a live company located in middlesex, HA7 2JT with a Companies House number of 09105742. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2014, it's largest shareholder is ramya desham with a 50% stake. Meghana It Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £123.8k with healthy growth in recent years.
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Meghana It Solutions Ltd Health Check
Pomanda's financial health check has awarded Meghana It Solutions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £123.8k, make it smaller than the average company (£891.8k)
- Meghana It Solutions Ltd
£891.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.5%)
- Meghana It Solutions Ltd
5.5% - Industry AVG
Production
with a gross margin of 48.8%, this company has a comparable cost of product (48.8%)
- Meghana It Solutions Ltd
48.8% - Industry AVG
Profitability
an operating margin of -7.4% make it less profitable than the average company (7.5%)
- Meghana It Solutions Ltd
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
1 - Meghana It Solutions Ltd
9 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Meghana It Solutions Ltd
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £123.8k, this is equally as efficient (£123.8k)
- Meghana It Solutions Ltd
£123.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Meghana It Solutions Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Meghana It Solutions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meghana It Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Meghana It Solutions Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 761.2%, this is a higher level of debt than the average (56.7%)
761.2% - Meghana It Solutions Ltd
56.7% - Industry AVG
MEGHANA IT SOLUTIONS LTD financials
Meghana It Solutions Ltd's latest turnover from June 2023 is estimated at £123.8 thousand and the company has net assets of -£17.8 thousand. According to their latest financial statements, Meghana It Solutions Ltd has 1 employee and maintains cash reserves of £44 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 74 | 148 | 222 | 296 | 370 | 444 | 518 | 592 | 666 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 74 | 148 | 222 | 296 | 370 | 444 | 518 | 592 | 666 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 10,813 | 26,353 | 5,560 | 15,557 | 9,010 | 5,999 | 5,575 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 44 | 151 | 6,622 | 32,123 | 1,068 | 7,221 | 11,788 | 110 | 4,051 |
| misc current assets | 2,575 | 2,575 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,619 | 13,539 | 32,975 | 37,683 | 16,625 | 16,231 | 17,787 | 5,685 | 4,051 |
| total assets | 2,693 | 13,687 | 33,197 | 37,979 | 16,995 | 16,675 | 18,305 | 6,277 | 4,717 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,211 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,014 | 0 | 3,791 | 12,602 | 14,882 | 15,556 | 17,766 | 5,352 | 0 |
| total current liabilities | 5,014 | 0 | 3,791 | 12,602 | 14,882 | 15,556 | 17,766 | 5,352 | 4,211 |
| loans | 15,484 | 20,301 | 25,000 | 25,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,484 | 20,301 | 25,000 | 25,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 20,498 | 20,301 | 28,791 | 37,602 | 14,882 | 15,556 | 17,766 | 5,352 | 4,211 |
| net assets | -17,805 | -6,614 | 4,406 | 377 | 2,113 | 1,119 | 539 | 925 | 506 |
| total shareholders funds | -17,805 | -6,614 | 4,406 | 377 | 2,113 | 1,119 | 539 | 925 | 506 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,813 | -15,540 | 20,793 | -9,997 | 6,547 | 3,011 | 424 | 5,575 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,211 | 4,211 |
| Accruals and Deferred Income | 5,014 | -3,791 | -8,811 | -2,280 | -674 | -2,210 | 12,414 | 5,352 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -4,817 | -4,699 | 0 | 25,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -107 | -6,471 | -25,501 | 31,055 | -6,153 | -4,567 | 11,678 | -3,941 | 4,051 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -107 | -6,471 | -25,501 | 31,055 | -6,153 | -4,567 | 11,678 | -3,941 | 4,051 |
meghana it solutions ltd Credit Report and Business Information
Meghana It Solutions Ltd Competitor Analysis
Perform a competitor analysis for meghana it solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HA7 area or any other competitors across 12 key performance metrics.
meghana it solutions ltd Ownership
MEGHANA IT SOLUTIONS LTD group structure
Meghana It Solutions Ltd has no subsidiary companies.
Ultimate parent company
MEGHANA IT SOLUTIONS LTD
09105742
meghana it solutions ltd directors
Meghana It Solutions Ltd currently has 1 director, Mr Muralidhar Desham serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muralidhar Desham | England | 50 years | Jun 2014 | - | Director |
P&L
June 2023turnover
123.8k
+56%
operating profit
-9.2k
0%
gross margin
48.8%
+2.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-17.8k
+1.69%
total assets
2.7k
-0.8%
cash
44
-0.71%
net assets
Total assets minus all liabilities
Similar Companies
meghana it solutions ltd company details
company number
09105742
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
June 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
190 uppingham avenue, stanmore, middlesex, HA7 2JT
accountant
-
auditor
-
meghana it 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 meghana it solutions ltd.
meghana it solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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