symbility solutions limited
symbility solutions limited Company Information
Company Number
09477102
Website
www.symbilitysolutions.comRegistered Address
fore 2 2 huskisson way, shirley, solihull, B90 4SS
Industry
Other information technology and computer service activities
Telephone
03303801282
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
symbility solutions inc 100%
symbility solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SYMBILITY SOLUTIONS LIMITED at £7.3m based on a Turnover of £7.6m and 0.95x industry multiple (adjusted for size and gross margin).
symbility solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SYMBILITY SOLUTIONS LIMITED at £3.8m based on an EBITDA of £579.4k and a 6.64x industry multiple (adjusted for size and gross margin).
symbility solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SYMBILITY SOLUTIONS LIMITED at £10.6m based on Net Assets of £4.6m and 2.3x industry multiple (adjusted for liquidity).
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Symbility Solutions Limited Overview
Symbility Solutions Limited is a live company located in solihull, B90 4SS with a Companies House number of 09477102. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2015, it's largest shareholder is symbility solutions inc with a 100% stake. Symbility Solutions Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.6m with high growth in recent years.
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Symbility Solutions Limited Health Check
Pomanda's financial health check has awarded Symbility Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
1 Weak
Size
annual sales of £7.6m, make it in line with the average company (£6.9m)
£7.6m - Symbility Solutions Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (7.2%)
19% - Symbility Solutions Limited
7.2% - Industry AVG
Production
with a gross margin of 67.2%, this company has a lower cost of product (49.8%)
67.2% - Symbility Solutions Limited
49.8% - Industry AVG
Profitability
an operating margin of 3% make it as profitable than the average company (3.3%)
3% - Symbility Solutions Limited
3.3% - Industry AVG
Employees
with 43 employees, this is similar to the industry average (45)
43 - Symbility Solutions Limited
45 - Industry AVG
Pay Structure
on an average salary of £70.9k, the company has an equivalent pay structure (£70.9k)
- Symbility Solutions Limited
£70.9k - Industry AVG
Efficiency
resulting in sales per employee of £177.9k, this is equally as efficient (£169.4k)
£177.9k - Symbility Solutions Limited
£169.4k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (54 days)
86 days - Symbility Solutions Limited
54 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Symbility Solutions Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Symbility Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (14 weeks)
58 weeks - Symbility Solutions Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (64.1%)
43.1% - Symbility Solutions Limited
64.1% - Industry AVG
SYMBILITY SOLUTIONS LIMITED financials
Symbility Solutions Limited's latest turnover from December 2023 is £7.6 million and the company has net assets of £4.6 million. According to their latest financial statements, Symbility Solutions Limited has 43 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,647,948 | 5,615,937 | 4,985,162 | 4,531,894 | 3,916,949 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 2,509,350 | 1,821,182 | 2,133,991 | 2,562,549 | 1,770,138 | ||||
| Gross Profit | 5,138,598 | 3,794,755 | 2,851,171 | 1,969,345 | 2,146,811 | ||||
| Admin Expenses | 4,909,160 | 3,626,278 | 2,771,408 | 2,155,606 | 2,185,343 | ||||
| Operating Profit | 229,438 | 168,477 | 79,763 | -186,261 | -38,532 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 17,705 | 4,035 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 247,143 | 172,512 | 79,763 | -186,261 | -38,532 | ||||
| Tax | -59,124 | 11,723 | -22,368 | 17,640 | -11,406 | ||||
| Profit After Tax | 188,019 | 184,235 | 57,395 | -168,621 | -49,938 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 188,019 | 184,235 | 57,395 | -168,621 | -49,938 | ||||
| Employee Costs | 1,848,604 | 1,483,837 | 1,242,396 | ||||||
| Number Of Employees | 43 | 26 | 21 | 22 | 19 | 12 | 12 | 8 | 6 |
| EBITDA* | 579,438 | 518,606 | 431,819 | 168,621 | 322,006 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 129 | 2,185 | 7,007 | 15,896 | 19,041 | 19,016 | 13,187 |
| Intangible Assets | 425,000 | 775,000 | 1,125,000 | 1,475,000 | 1,825,000 | 2,176,649 | 2,528,803 | 2,878,120 | 3,229,862 |
| 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 | 425,000 | 775,000 | 1,125,129 | 1,477,185 | 1,832,007 | 2,192,545 | 2,547,844 | 2,897,136 | 3,243,049 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,802,337 | 928,009 | 1,985,335 | 542,776 | 684,583 | 1,183,487 | 1,422,105 | 682,529 | 1,271,752 |
| Group Debtors | 1,367,674 | 980,927 | 133,145 | 0 | 6,839 | 0 | 0 | 0 | 0 |
| Misc Debtors | 566,020 | 493,182 | 401,811 | 560,613 | 327,711 | 235,730 | 182,533 | 122,977 | 50,941 |
| Cash | 3,906,038 | 2,855,209 | 1,769,468 | 1,870,449 | 2,481,157 | 870,072 | 673,513 | 490,540 | 640,944 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 19,636 | 0 | 0 |
| total current assets | 7,642,069 | 5,257,327 | 4,289,759 | 2,973,838 | 3,500,290 | 2,289,289 | 2,297,787 | 1,296,046 | 1,963,637 |
| total assets | 8,067,069 | 6,032,327 | 5,414,888 | 4,451,023 | 5,332,297 | 4,481,834 | 4,845,631 | 4,193,182 | 5,206,686 |
| 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 | 51,112 | 13,990 | 28,162 | 5,127 | 38,946 | 3,730 | 6,381 |
| Group/Directors Accounts | 535,787 | 141,542 | 180,364 | 191,423 | 569,199 | 3,920,732 | 4,226,626 | 3,839,799 | 4,728,807 |
| 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 | 2,938,426 | 1,581,198 | 1,241,305 | 720,873 | 1,041,578 | 733,411 | 699,456 | 416,649 | 455,703 |
| total current liabilities | 3,474,213 | 1,722,740 | 1,472,781 | 926,286 | 1,638,939 | 4,659,270 | 4,965,028 | 4,260,178 | 5,190,891 |
| loans | 0 | 0 | 0 | 0 | 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 | 2,370 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,370 |
| total liabilities | 3,474,213 | 1,722,740 | 1,472,781 | 926,286 | 1,638,939 | 4,659,270 | 4,965,028 | 4,260,178 | 5,193,261 |
| net assets | 4,592,856 | 4,309,587 | 3,942,107 | 3,524,737 | 3,693,358 | -177,436 | -119,397 | -66,996 | 13,425 |
| total shareholders funds | 4,592,856 | 4,309,587 | 3,942,107 | 3,524,737 | 3,693,358 | -177,436 | -119,397 | -66,996 | 13,425 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 229,438 | 168,477 | 79,763 | -186,261 | -38,532 | ||||
| Depreciation | 0 | 129 | 2,056 | 4,882 | 8,889 | 11,395 | 9,732 | 5,527 | 1,364 |
| Amortisation | 350,000 | 350,000 | 350,000 | 350,000 | 351,649 | 352,154 | 351,906 | 351,742 | 275,944 |
| Tax | -59,124 | 11,723 | -22,368 | 17,640 | -11,406 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,333,913 | -118,173 | 1,416,902 | 84,256 | -400,084 | -185,421 | 799,132 | -517,187 | 1,322,693 |
| Creditors | 0 | -51,112 | 37,122 | -14,172 | 23,035 | -33,819 | 35,216 | -2,651 | 6,381 |
| Accruals and Deferred Income | 1,357,228 | 339,893 | 520,432 | -320,705 | 308,167 | 33,955 | 282,807 | -39,054 | 455,703 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,370 | 2,370 |
| Cash flow from operations | 543,629 | 937,283 | -449,897 | -232,872 | 1,041,886 | ||||
| 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 | 394,245 | -38,822 | -11,059 | -377,776 | -3,351,533 | -305,894 | 386,827 | -889,008 | 4,728,807 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 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 | 17,705 | 4,035 | 0 | 0 | 0 | ||||
| cash flow from financing | 507,200 | 148,458 | 348,916 | -377,776 | 569,199 | ||||
| cash and cash equivalents | |||||||||
| cash | 1,050,829 | 1,085,741 | -100,981 | -610,708 | 1,611,085 | 196,559 | 182,973 | -150,404 | 640,944 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,050,829 | 1,085,741 | -100,981 | -610,708 | 1,611,085 | 196,559 | 182,973 | -150,404 | 640,944 |
symbility solutions limited Credit Report and Business Information
Symbility Solutions Limited Competitor Analysis
Perform a competitor analysis for symbility solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in B90 area or any other competitors across 12 key performance metrics.
symbility solutions limited Ownership
SYMBILITY SOLUTIONS LIMITED group structure
Symbility Solutions Limited has no subsidiary companies.
Ultimate parent company
CORELOGIC INC
#0027769
SYMBILITY SOLUTIONS INC
#0100312
2 parents
SYMBILITY SOLUTIONS LIMITED
09477102
symbility solutions limited directors
Symbility Solutions Limited currently has 3 directors. The longest serving directors include Mr David Driver (Jan 2019) and Mr Jim Balas (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Driver | England | 51 years | Jan 2019 | - | Director |
| Mr Jim Balas | United States | 54 years | Jan 2019 | - | Director |
| Ms Lisa Taylor (Claes) | United Kingdom | 62 years | Jul 2023 | - | Director |
P&L
December 2023turnover
7.6m
+36%
operating profit
229.4k
+36%
gross margin
67.2%
-0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.6m
+0.07%
total assets
8.1m
+0.34%
cash
3.9m
+0.37%
net assets
Total assets minus all liabilities
symbility solutions limited company details
company number
09477102
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
March 2015
age
9
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
fore 2 2 huskisson way, shirley, solihull, B90 4SS
accountant
-
auditor
GRANT THORNTON
symbility solutions 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 symbility solutions limited.
symbility solutions limited Companies House Filings - See Documents
| date | description | view/download |
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