digtech solution limited

Live (In Liquidation)EstablishedMicroHigh

digtech solution limited Company Information

Share DIGTECH SOLUTION LIMITED

Company Number

09719803

Directors

Steven Deakin

Shareholders

steven deakin

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

39 the metro centre, tolpits lane, watford, hertfordshire, WD18 9SB

Website

-

digtech solution limited Estimated Valuation

£169.2k

Pomanda estimates the enterprise value of DIGTECH SOLUTION LIMITED at £169.2k based on a Turnover of £336.8k and 0.5x industry multiple (adjusted for size and gross margin).

digtech solution limited Estimated Valuation

£286.8k

Pomanda estimates the enterprise value of DIGTECH SOLUTION LIMITED at £286.8k based on an EBITDA of £79.5k and a 3.61x industry multiple (adjusted for size and gross margin).

digtech solution limited Estimated Valuation

£202.6k

Pomanda estimates the enterprise value of DIGTECH SOLUTION LIMITED at £202.6k based on Net Assets of £86.9k and 2.33x industry multiple (adjusted for liquidity).

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Digtech Solution Limited Overview

Digtech Solution Limited is a live company located in watford, WD18 9SB with a Companies House number of 09719803. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in August 2015, it's largest shareholder is steven deakin with a 100% stake. Digtech Solution Limited is a established, micro sized company, Pomanda has estimated its turnover at £336.8k with high growth in recent years.

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Digtech Solution Limited Health Check

Pomanda's financial health check has awarded Digtech Solution Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £336.8k, make it smaller than the average company (£1.8m)

£336.8k - Digtech Solution Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (10.5%)

19% - Digtech Solution Limited

10.5% - Industry AVG

production

Production

with a gross margin of 24.4%, this company has a higher cost of product (45.3%)

24.4% - Digtech Solution Limited

45.3% - Industry AVG

profitability

Profitability

an operating margin of 23.6% make it more profitable than the average company (5.5%)

23.6% - Digtech Solution Limited

5.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (12)

2 - Digtech Solution Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £62k, the company has an equivalent pay structure (£62k)

£62k - Digtech Solution Limited

£62k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £168.4k, this is more efficient (£133.2k)

£168.4k - Digtech Solution Limited

£133.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 139 days, this is later than average (60 days)

139 days - Digtech Solution Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 60 days, this is slower than average (27 days)

60 days - Digtech Solution Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Digtech Solution Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Digtech Solution Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.6%, this is a lower level of debt than the average (56.7%)

32.6% - Digtech Solution Limited

56.7% - Industry AVG

DIGTECH SOLUTION LIMITED financials

EXPORTms excel logo

Digtech Solution Limited's latest turnover from August 2024 is estimated at £336.8 thousand and the company has net assets of £86.9 thousand. According to their latest financial statements, we estimate that Digtech Solution Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Turnover336,825103,507129,254198,120290,359293,394161,78233,99647,085
Other Income Or Grants000000000
Cost Of Sales254,69976,48793,387146,924206,076208,365115,52124,14631,701
Gross Profit82,12727,02035,86751,19684,28385,02946,2629,85015,385
Admin Expenses2,58645,11387,553111,24264,98830,72565,226-89,468-28,544
Operating Profit79,541-18,093-51,686-60,04619,29554,304-18,96499,31843,929
Interest Payable000000000
Interest Receivable00000054927188
Pre-Tax Profit79,541-18,093-51,686-60,04619,29554,304-18,41599,58944,018
Tax-19,885000-3,666-10,3180-18,922-8,803
Profit After Tax59,656-18,093-51,686-60,04615,62943,986-18,41580,66735,214
Dividends Paid000000000
Retained Profit59,656-18,093-51,686-60,04615,62943,986-18,41580,66735,214
Employee Costs124,09156,62153,02049,10046,60451,55654,63552,62057,350
Number Of Employees211111111
EBITDA*79,541-18,093-51,686-60,04619,29554,304-18,964100,15544,830

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Tangible Assets000006301,3382,5223,359
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets000006301,3382,5223,359
Stock & work in progress000000000
Trade Debtors128,96342,53964,691120,167188,266180,483100,2504,20011,200
Group Debtors000000000
Misc Debtors000000000
Cash0000000146,29670,728
misc current assets000000000
total current assets128,96342,53964,691120,167188,266180,483100,250150,49681,928
total assets128,96342,53964,691120,167188,266181,113101,588153,01885,287
Bank overdraft000000000
Bank loan000000000
Trade Creditors 42,05115,28319,34223,13231,18539,6614,12200
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000037,13650,072
total current liabilities42,05115,28319,34223,13231,18539,6614,12237,13650,072
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities42,05115,28319,34223,13231,18539,6614,12237,13650,072
net assets86,91227,25645,34997,035157,081141,45297,466115,88235,215
total shareholders funds86,91227,25645,34997,035157,081141,45297,466115,88235,215
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Operating Activities
Operating Profit79,541-18,093-51,686-60,04619,29554,304-18,96499,31843,929
Depreciation0000000837901
Amortisation000000000
Tax-19,885000-3,666-10,3180-18,922-8,803
Stock000000000
Debtors86,424-22,152-55,476-68,0997,78380,23396,050-7,00011,200
Creditors26,768-4,059-3,790-8,053-8,47635,5394,12200
Accruals and Deferred Income000000-37,136-12,93650,072
Deferred Taxes & Provisions000000000
Cash flow from operations0000-630-708-148,02875,29774,899
Investing Activities
capital expenditure00006307081,1840-4,260
Change in Investments000000000
cash flow from investments00006307081,1840-4,260
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue000000-101
interest00000054927188
cash flow from financing00000054827189
cash and cash equivalents
cash000000-146,29675,56870,728
overdraft000000000
change in cash000000-146,29675,56870,728

digtech solution limited 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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Digtech Solution Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for digtech solution limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WD18 area or any other competitors across 12 key performance metrics.

digtech solution limited Ownership

DIGTECH SOLUTION LIMITED group structure

Digtech Solution Limited has no subsidiary companies.

Ultimate parent company

DIGTECH SOLUTION LIMITED

09719803

DIGTECH SOLUTION LIMITED Shareholders

steven deakin 100%

digtech solution limited directors

Digtech Solution Limited currently has 1 director, Mr Steven Deakin serving since Aug 2015.

officercountryagestartendrole
Mr Steven DeakinUnited Kingdom46 years Aug 2015- Director

P&L

August 2024

turnover

336.8k

+225%

operating profit

79.5k

0%

gross margin

24.4%

-6.6%

turnover

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

Balance Sheet

August 2024

net assets

86.9k

+2.19%

total assets

129k

+2.03%

cash

0

0%

net assets

Total assets minus all liabilities

digtech solution limited company details

company number

09719803

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

August 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2024

previous names

N/A

accountant

-

auditor

-

address

39 the metro centre, tolpits lane, watford, hertfordshire, WD18 9SB

Bank

-

Legal Advisor

-

digtech solution 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 digtech solution limited.

digtech solution limited 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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digtech solution limited Companies House Filings - See Documents

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