thin slice software ltd

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thin slice software ltd Company Information

Share THIN SLICE SOFTWARE LTD

Company Number

09516265

Shareholders

michael thomas stuart randell

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

120 clinton lane, kenilworth, CV8 1AX

Website

-

thin slice software ltd Estimated Valuation

£9.4k

Pomanda estimates the enterprise value of THIN SLICE SOFTWARE LTD at £9.4k based on a Turnover of £19k and 0.5x industry multiple (adjusted for size and gross margin).

thin slice software ltd Estimated Valuation

£10.4k

Pomanda estimates the enterprise value of THIN SLICE SOFTWARE LTD at £10.4k based on an EBITDA of £3k and a 3.51x industry multiple (adjusted for size and gross margin).

thin slice software ltd Estimated Valuation

£17k

Pomanda estimates the enterprise value of THIN SLICE SOFTWARE LTD at £17k based on Net Assets of £7.4k and 2.29x industry multiple (adjusted for liquidity).

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Thin Slice Software Ltd Overview

Thin Slice Software Ltd is a live company located in kenilworth, CV8 1AX with a Companies House number of 09516265. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2015, it's largest shareholder is michael thomas stuart randell with a 100% stake. Thin Slice Software Ltd is a established, micro sized company, Pomanda has estimated its turnover at £19k with low growth in recent years.

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Thin Slice Software Ltd Health Check

Pomanda's financial health check has awarded Thin Slice Software Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £19k, make it smaller than the average company (£1.4m)

£19k - Thin Slice Software Ltd

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9.3%)

2% - Thin Slice Software Ltd

9.3% - Industry AVG

production

Production

with a gross margin of 23.6%, this company has a higher cost of product (44.1%)

23.6% - Thin Slice Software Ltd

44.1% - Industry AVG

profitability

Profitability

an operating margin of 15.6% make it more profitable than the average company (6%)

15.6% - Thin Slice Software Ltd

6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (12)

1 - Thin Slice Software Ltd

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £59.5k, the company has an equivalent pay structure (£59.5k)

£59.5k - Thin Slice Software Ltd

£59.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £19k, this is less efficient (£130.1k)

£19k - Thin Slice Software Ltd

£130.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 157 days, this is later than average (62 days)

157 days - Thin Slice Software Ltd

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is quicker than average (28 days)

19 days - Thin Slice Software Ltd

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Thin Slice Software Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Thin Slice Software Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.2%, this is a lower level of debt than the average (55.5%)

9.2% - Thin Slice Software Ltd

55.5% - Industry AVG

THIN SLICE SOFTWARE LTD financials

EXPORTms excel logo

Thin Slice Software Ltd's latest turnover from March 2024 is estimated at £19 thousand and the company has net assets of £7.4 thousand. According to their latest financial statements, we estimate that Thin Slice Software Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover18,97311,75414,39317,8697,4943,599
Other Income Or Grants
Cost Of Sales14,4998,77910,60313,2365,3942,598
Gross Profit4,4752,9753,7904,6342,1001,001
Admin Expenses1,5144,4225,3012,998-5,214-2,598-1
Operating Profit2,961-1,447-1,5111,6367,3143,5991
Interest Payable
Interest Receivable
Pre-Tax Profit2,961-1,447-1,5111,6367,3133,5991
Tax-740-311-1,389-684
Profit After Tax2,221-1,447-1,5111,3255,9242,9151
Dividends Paid
Retained Profit2,221-1,447-1,5111,3255,9242,9151
Employee Costs59,46256,26351,60248,037
Number Of Employees111111
EBITDA*2,961-1,447-1,5111,6367,3143,5991

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets
Intangible Assets
Investments & Other11
Debtors (Due After 1 year)
Total Fixed Assets11
Stock & work in progress
Trade Debtors8,1855,3386,7708,9468,2303,599
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets8,1855,3386,7708,9468,2303,599
total assets8,1855,3386,7708,9468,2303,6001
Bank overdraft
Bank loan
Trade Creditors 7561301157801,389684
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities7561301157801,389684
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities7561301157801,389684
net assets7,4295,2086,6558,1666,8412,9161
total shareholders funds7,4295,2086,6558,1666,8412,9161
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit2,961-1,447-1,5111,6367,3143,5991
Depreciation
Amortisation
Tax-740-311-1,389-684
Stock
Debtors2,847-1,432-2,1767164,6313,599
Creditors62615-665-609705684
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations1,9991
Investing Activities
capital expenditure
Change in Investments-11
cash flow from investments1-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,999
interest
cash flow from financing-1,999
cash and cash equivalents
cash
overdraft
change in cash

thin slice software ltd 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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Thin Slice Software Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for thin slice software ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CV8 area or any other competitors across 12 key performance metrics.

thin slice software ltd Ownership

THIN SLICE SOFTWARE LTD group structure

Thin Slice Software Ltd has no subsidiary companies.

Ultimate parent company

THIN SLICE SOFTWARE LTD

09516265

THIN SLICE SOFTWARE LTD Shareholders

michael thomas stuart randell 100%

thin slice software ltd directors

Thin Slice Software Ltd currently has 1 director, Mr Michael Randell serving since Mar 2015.

officercountryagestartendrole
Mr Michael RandellEngland45 years Mar 2015- Director

P&L

March 2024

turnover

19k

+61%

operating profit

3k

0%

gross margin

23.6%

-6.83%

turnover

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

Balance Sheet

March 2024

net assets

7.4k

+0.43%

total assets

8.2k

+0.53%

cash

0

0%

net assets

Total assets minus all liabilities

thin slice software ltd company details

company number

09516265

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

March 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

120 clinton lane, kenilworth, CV8 1AX

Bank

-

Legal Advisor

-

thin slice software 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 thin slice software ltd.

thin slice software ltd 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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thin slice software ltd Companies House Filings - See Documents

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