conigital ltd
conigital ltd Company Information
Company Number
09696591
Website
https://www.conigital.ioRegistered Address
icentrum faraday wharf, holt street, birmingham, B7 4BB
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
dharminder dhaliwal 43.9%
satwinder toor 33.9%
View Allconigital ltd Estimated Valuation
Pomanda estimates the enterprise value of CONIGITAL LTD at £1.5m based on a Turnover of £2m and 0.73x industry multiple (adjusted for size and gross margin).
conigital ltd Estimated Valuation
Pomanda estimates the enterprise value of CONIGITAL LTD at £0 based on an EBITDA of £-535.5k and a 5.25x industry multiple (adjusted for size and gross margin).
conigital ltd Estimated Valuation
Pomanda estimates the enterprise value of CONIGITAL LTD at £0 based on Net Assets of £-1.7m and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Conigital Ltd Overview
Conigital Ltd is a live company located in birmingham, B7 4BB with a Companies House number of 09696591. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2015, it's largest shareholder is dharminder dhaliwal with a 43.9% stake. Conigital Ltd is a young, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Conigital Ltd Health Check
Pomanda's financial health check has awarded Conigital Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £2m, make it larger than the average company (£878.9k)
- Conigital Ltd
£878.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 61%, show it is growing at a faster rate (5.8%)
- Conigital Ltd
5.8% - Industry AVG
Production
with a gross margin of 49.2%, this company has a comparable cost of product (49.2%)
- Conigital Ltd
49.2% - Industry AVG
Profitability
an operating margin of -27% make it less profitable than the average company (7.5%)
- Conigital Ltd
7.5% - Industry AVG
Employees
with 22 employees, this is above the industry average (9)
22 - Conigital Ltd
9 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Conigital Ltd
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £90.2k, this is less efficient (£123.8k)
- Conigital Ltd
£123.8k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is near the average (66 days)
- Conigital Ltd
66 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (30 days)
- Conigital Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Conigital 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 - Conigital Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 562.5%, this is a higher level of debt than the average (56.7%)
562.5% - Conigital Ltd
56.7% - Industry AVG
CONIGITAL LTD financials
Conigital Ltd's latest turnover from July 2023 is estimated at £2 million and the company has net assets of -£1.7 million. According to their latest financial statements, Conigital Ltd has 22 employees and maintains cash reserves of £3.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 22 | 12 | 10 | 8 | 8 | 7 | 8 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 374,186 | 24,186 | 24,186 | 24,186 | 382,397 | 8,113 | 3,786 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 86,212 | 19,989 | 99,587 | 58,605 | 4,583 | 2,369 | 260 |
| Cash | 3,762 | 567,488 | 884,916 | 359,697 | 34,653 | 26,640 | 113,112 | 22,540 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| total current assets | 377,948 | 677,886 | 929,091 | 483,470 | 475,655 | 39,337 | 119,267 | 22,800 |
| total assets | 377,948 | 677,886 | 929,091 | 483,470 | 475,655 | 39,337 | 119,267 | 22,800 |
| Bank overdraft | 45,255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 79,110 | 247,000 | 352,240 | 160,320 | 287,407 | 0 | 0 | 1 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 350,135 | 48,805 | 27,068 | 100,501 | 79,385 | 81,934 | 34,601 | 20,698 |
| total current liabilities | 474,500 | 295,805 | 379,308 | 260,821 | 366,792 | 81,934 | 34,601 | 20,699 |
| loans | 1,651,546 | 39,788 | 50,000 | 0 | 0 | 150,000 | 150,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 1,473,686 | 1,471,632 | 0 | 145,000 | 0 | 0 | 13,500 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,651,546 | 1,513,474 | 1,521,632 | 0 | 145,000 | 150,000 | 150,000 | 13,500 |
| total liabilities | 2,126,046 | 1,809,279 | 1,900,940 | 260,821 | 511,792 | 231,934 | 184,601 | 34,199 |
| net assets | -1,748,098 | -1,131,393 | -971,849 | 222,649 | -36,137 | -192,597 | -65,334 | -11,399 |
| total shareholders funds | -1,748,098 | -1,131,393 | -971,849 | 222,649 | -36,137 | -192,597 | -65,334 | -11,399 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 263,788 | 66,223 | -79,598 | -317,229 | 428,306 | 6,541 | 5,895 | 260 |
| Creditors | -167,890 | -105,240 | 191,920 | -127,087 | 287,407 | 0 | -1 | 1 |
| Accruals and Deferred Income | 301,330 | 21,737 | -73,433 | 21,116 | -2,549 | 47,333 | 13,903 | 20,698 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,611,758 | -10,212 | 50,000 | 0 | -150,000 | 0 | 150,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,473,686 | 2,054 | 1,471,632 | -145,000 | 145,000 | 0 | -13,500 | 13,500 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -563,726 | -317,428 | 525,219 | 325,044 | 8,013 | -86,472 | 90,572 | 22,540 |
| overdraft | 45,255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -608,981 | -317,428 | 525,219 | 325,044 | 8,013 | -86,472 | 90,572 | 22,540 |
conigital ltd Credit Report and Business Information
Conigital Ltd Competitor Analysis
Perform a competitor analysis for conigital ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in B 7 area or any other competitors across 12 key performance metrics.
conigital ltd Ownership
CONIGITAL LTD group structure
Conigital Ltd has no subsidiary companies.
Ultimate parent company
CONIGITAL LTD
09696591
conigital ltd directors
Conigital Ltd currently has 3 directors. The longest serving directors include Mr Dharminder Dhaliwal (Jul 2017) and Mr Narrinder Saggu (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dharminder Dhaliwal | United Kingdom | 50 years | Jul 2017 | - | Director |
| Mr Narrinder Saggu | England | 64 years | Nov 2020 | - | Director |
| Ms Satwinder Toor | England | 44 years | Nov 2020 | - | Director |
P&L
July 2023turnover
2m
+167%
operating profit
-535.5k
0%
gross margin
49.3%
+2.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-1.7m
+0.55%
total assets
377.9k
-0.44%
cash
3.8k
-0.99%
net assets
Total assets minus all liabilities
conigital ltd company details
company number
09696591
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
July 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
ROBB & CO
auditor
-
address
icentrum faraday wharf, holt street, birmingham, B7 4BB
Bank
-
Legal Advisor
-
conigital 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 found 4 charges/mortgages relating to conigital ltd. Currently there are 0 open charges and 4 have been satisfied in the past.
conigital ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
