digtech solution limited Company Information
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
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
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
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
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5 Strong
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1 Regular
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4 Weak
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Size
annual sales of £336.8k, make it smaller than the average company (£1.8m)
- Digtech Solution Limited
£1.8m - Industry AVG
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Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (10.5%)
- Digtech Solution Limited
10.5% - Industry AVG
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Production
with a gross margin of 24.4%, this company has a higher cost of product (45.3%)
- Digtech Solution Limited
45.3% - Industry AVG
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Profitability
an operating margin of 23.6% make it more profitable than the average company (5.5%)
- Digtech Solution Limited
5.5% - Industry AVG
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Employees
with 2 employees, this is below the industry average (12)
- Digtech Solution Limited
12 - Industry AVG
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Pay Structure
on an average salary of £62k, the company has an equivalent pay structure (£62k)
- Digtech Solution Limited
£62k - Industry AVG
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Efficiency
resulting in sales per employee of £168.4k, this is more efficient (£133.2k)
- Digtech Solution Limited
£133.2k - Industry AVG
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Debtor Days
it gets paid by customers after 139 days, this is later than average (60 days)
- Digtech Solution Limited
60 days - Industry AVG
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Creditor Days
its suppliers are paid after 60 days, this is slower than average (27 days)
- Digtech Solution Limited
27 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Digtech Solution Limited
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Digtech Solution Limited
- - Industry AVG
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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
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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 House, Pomanda Estimates
Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 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 | 1 | 1 | 1 | 1 | 1 | 1 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 630 | 1,338 | 2,522 | 3,359 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 630 | 1,338 | 2,522 | 3,359 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 128,963 | 42,539 | 64,691 | 120,167 | 188,266 | 180,483 | 100,250 | 4,200 | 11,200 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146,296 | 70,728 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 128,963 | 42,539 | 64,691 | 120,167 | 188,266 | 180,483 | 100,250 | 150,496 | 81,928 |
total assets | 128,963 | 42,539 | 64,691 | 120,167 | 188,266 | 181,113 | 101,588 | 153,018 | 85,287 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 42,051 | 15,283 | 19,342 | 23,132 | 31,185 | 39,661 | 4,122 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,136 | 50,072 |
total current liabilities | 42,051 | 15,283 | 19,342 | 23,132 | 31,185 | 39,661 | 4,122 | 37,136 | 50,072 |
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 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 42,051 | 15,283 | 19,342 | 23,132 | 31,185 | 39,661 | 4,122 | 37,136 | 50,072 |
net assets | 86,912 | 27,256 | 45,349 | 97,035 | 157,081 | 141,452 | 97,466 | 115,882 | 35,215 |
total shareholders funds | 86,912 | 27,256 | 45,349 | 97,035 | 157,081 | 141,452 | 97,466 | 115,882 | 35,215 |
Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 837 | 901 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Tax | |||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 86,424 | -22,152 | -55,476 | -68,099 | 7,783 | 80,233 | 96,050 | -7,000 | 11,200 |
Creditors | 26,768 | -4,059 | -3,790 | -8,053 | -8,476 | 35,539 | 4,122 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -37,136 | -12,936 | 50,072 |
Deferred Taxes & Provisions | 0 | 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 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -146,296 | 75,568 | 70,728 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -146,296 | 75,568 | 70,728 |
digtech solution limited Credit Report and Business Information
Digtech Solution Limited Competitor Analysis
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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 directors
Digtech Solution Limited currently has 1 director, Mr Steven Deakin serving since Aug 2015.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Steven Deakin | United Kingdom | 46 years | Aug 2015 | - | Director |
P&L
August 2024turnover
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 2024net 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
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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