string consulting ltd.

string consulting ltd. Company Information

Share STRING CONSULTING LTD.
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Company Number

09543278

Industry

Business and domestic software development

 

Shareholders

iulia ionita

bogdan sandulescu

Group Structure

View All

Contact

Registered Address

w8a knoll business centre, 325-327 old shoreham road, hove, BN3 7GS

Website

-

string consulting ltd. Estimated Valuation

£48.3k

Pomanda estimates the enterprise value of STRING CONSULTING LTD. at £48.3k based on a Turnover of £78.7k and 0.61x industry multiple (adjusted for size and gross margin).

string consulting ltd. Estimated Valuation

£19.1k

Pomanda estimates the enterprise value of STRING CONSULTING LTD. at £19.1k based on an EBITDA of £4.7k and a 4.09x industry multiple (adjusted for size and gross margin).

string consulting ltd. Estimated Valuation

£10.3k

Pomanda estimates the enterprise value of STRING CONSULTING LTD. at £10.3k based on Net Assets of £4.5k and 2.31x industry multiple (adjusted for liquidity).

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String Consulting Ltd. Overview

String Consulting Ltd. is a live company located in hove, BN3 7GS with a Companies House number of 09543278. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2015, it's largest shareholder is iulia ionita with a 80% stake. String Consulting Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £78.7k with healthy growth in recent years.

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String Consulting Ltd. Health Check

Pomanda's financial health check has awarded String Consulting Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £78.7k, make it smaller than the average company (£3.8m)

£78.7k - String Consulting Ltd.

£3.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (11.2%)

15% - String Consulting Ltd.

11.2% - Industry AVG

production

Production

with a gross margin of 42.5%, this company has a higher cost of product (74.7%)

42.5% - String Consulting Ltd.

74.7% - Industry AVG

profitability

Profitability

an operating margin of 5.9% make it more profitable than the average company (4.1%)

5.9% - String Consulting Ltd.

4.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (34)

2 - String Consulting Ltd.

34 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.3k, the company has an equivalent pay structure (£70.3k)

£70.3k - String Consulting Ltd.

£70.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £39.3k, this is less efficient (£121.4k)

£39.3k - String Consulting Ltd.

£121.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is near the average (57 days)

49 days - String Consulting Ltd.

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 145 days, this is slower than average (39 days)

145 days - String Consulting Ltd.

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - String Consulting Ltd.

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - String Consulting Ltd.

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.2%, this is a higher level of debt than the average (60.4%)

80.2% - String Consulting Ltd.

60.4% - Industry AVG

STRING CONSULTING LTD. financials

EXPORTms excel logo

String Consulting Ltd.'s latest turnover from April 2024 is estimated at £78.7 thousand and the company has net assets of £4.5 thousand. According to their latest financial statements, String Consulting Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022May 2021May 2020Apr 2019Apr 2018Apr 2017Apr 2016
Turnover78,68564,83555,22851,88254,20670,69171,7426,6073,902
Other Income Or Grants000000000
Cost Of Sales45,23837,78230,90829,89830,86340,84642,0523,8392,291
Gross Profit33,44727,05324,31921,98423,34329,84629,6902,7681,612
Admin Expenses28,771-5,32424,91922,42645,65131,76727,40910,522-8,149
Operating Profit4,67632,377-600-442-22,308-1,9212,281-7,7549,761
Interest Payable000000000
Interest Receivable00000001121
Pre-Tax Profit4,67632,377-600-442-22,308-1,9212,281-7,7439,783
Tax-1,169-8,0940000-4330-1,956
Profit After Tax3,50724,283-600-442-22,308-1,9211,848-7,7437,826
Dividends Paid000000000
Retained Profit3,50724,283-600-442-22,308-1,9211,848-7,7437,826
Employee Costs140,508131,812123,215117,390113,367120,156116,65656,75654,029
Number Of Employees222222211
EBITDA*4,67632,377-600-442-22,308-1,9212,281-7,7549,961

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022May 2021May 2020Apr 2019Apr 2018Apr 2017Apr 2016
Tangible Assets2,0932,79103067021,3312,1279991,399
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets2,0932,79103067021,3312,1279991,399
Stock & work in progress000000000
Trade Debtors10,7456,6232,5031,3851,3069,89110,0462,183957
Group Debtors000000000
Misc Debtors9,5860000001,1273,829
Cash000000008,527
misc current assets000000000
total current assets20,3316,6232,5031,3851,3069,89110,0463,31013,313
total assets22,4249,4142,5031,6912,00811,22212,1734,30914,712
Bank overdraft000000000
Bank loan000000000
Trade Creditors 17,9748,47116,69315,28115,15611,21210,2424,2266,876
Group/Directors Accounts009,1509,1509,1500000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities17,9748,47125,84324,43124,30611,21210,2424,2266,876
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities17,9748,47125,84324,43124,30611,21210,2424,2266,876
net assets4,450943-23,340-22,740-22,298101,931837,836
total shareholders funds4,450943-23,340-22,740-22,298101,931837,836
Apr 2024Apr 2023Apr 2022May 2021May 2020Apr 2019Apr 2018Apr 2017Apr 2016
Operating Activities
Operating Profit4,67632,377-600-442-22,308-1,9212,281-7,7549,761
Depreciation00000000200
Amortisation000000000
Tax-1,169-8,0940000-4330-1,956
Stock000000000
Debtors13,7084,1201,11879-8,585-1556,736-1,4764,786
Creditors9,503-8,2221,4121253,9449706,016-2,6506,876
Accruals and Deferred Income000000000
Deferred Taxes & Provisions000000000
Cash flow from operations-69811,941-306-396-9,779-7961,128-8,92810,095
Investing Activities
capital expenditure698-2,791306396629796-1,128400-1,599
Change in Investments000000000
cash flow from investments698-2,791306396629796-1,128400-1,599
Financing Activities
Bank loans000000000
Group/Directors Accounts0-9,150009,1500000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue0000000-1010
interest00000001121
cash flow from financing0-9,150009,15000131
cash and cash equivalents
cash0000000-8,5278,527
overdraft000000000
change in cash0000000-8,5278,527

string consulting 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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String Consulting Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for string consulting ltd. by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.

string consulting ltd. Ownership

STRING CONSULTING LTD. group structure

String Consulting Ltd. has no subsidiary companies.

Ultimate parent company

STRING CONSULTING LTD.

09543278

STRING CONSULTING LTD. Shareholders

iulia ionita 80%
bogdan sandulescu 20%

string consulting ltd. directors

String Consulting Ltd. currently has 2 directors. The longest serving directors include Miss Iulia Ionita (Apr 2015) and Mr Bogdan Sandulescu (Mar 2018).

officercountryagestartendrole
Miss Iulia IonitaEngland34 years Apr 2015- Director
Mr Bogdan SandulescuEngland35 years Mar 2018- Director

P&L

April 2024

turnover

78.7k

+21%

operating profit

4.7k

0%

gross margin

42.6%

+1.87%

turnover

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

Balance Sheet

April 2024

net assets

4.5k

+3.72%

total assets

22.4k

+1.38%

cash

0

0%

net assets

Total assets minus all liabilities

string consulting ltd. company details

company number

09543278

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

April 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

iulia io limited (April 2017)

accountant

-

auditor

-

address

w8a knoll business centre, 325-327 old shoreham road, hove, BN3 7GS

Bank

-

Legal Advisor

-

string consulting 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 string consulting ltd..

charges

string consulting ltd. Companies House Filings - See Documents

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