unite technology services ltd
unite technology services ltd Company Information
Company Number
09724581
Website
https://theunitegroup.co.ukRegistered Address
126 great lime road, killingworth, newcastle upon tyne, NE12 6RU
Industry
Other information technology and computer service activities
Telephone
441914661050
Next Accounts Due
131 days late
Group Structure
View All
Shareholders
cpdm holdings limited 100%
unite technology services ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITE TECHNOLOGY SERVICES LTD at £188k based on a Turnover of £353.3k and 0.53x industry multiple (adjusted for size and gross margin).
unite technology services ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITE TECHNOLOGY SERVICES LTD at £0 based on an EBITDA of £-36.6k and a 3.71x industry multiple (adjusted for size and gross margin).
unite technology services ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITE TECHNOLOGY SERVICES LTD at £705 based on Net Assets of £306 and 2.3x industry multiple (adjusted for liquidity).
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Unite Technology Services Ltd Overview
Unite Technology Services Ltd is a live company located in newcastle upon tyne, NE12 6RU with a Companies House number of 09724581. It operates in the other information technology service activities sector, SIC Code 62090. Founded in August 2015, it's largest shareholder is cpdm holdings limited with a 100% stake. Unite Technology Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £353.3k with healthy growth in recent years.
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Unite Technology Services Ltd Health Check
Pomanda's financial health check has awarded Unite Technology Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £353.3k, make it smaller than the average company (£5.6m)
- Unite Technology Services Ltd
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.8%)
- Unite Technology Services Ltd
4.8% - Industry AVG
Production
with a gross margin of 27%, this company has a higher cost of product (51.9%)
- Unite Technology Services Ltd
51.9% - Industry AVG
Profitability
an operating margin of -10.4% make it less profitable than the average company (4.3%)
- Unite Technology Services Ltd
4.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (37)
2 - Unite Technology Services Ltd
37 - Industry AVG
Pay Structure
on an average salary of £64.2k, the company has an equivalent pay structure (£64.2k)
- Unite Technology Services Ltd
£64.2k - Industry AVG
Efficiency
resulting in sales per employee of £176.7k, this is equally as efficient (£154.8k)
- Unite Technology Services Ltd
£154.8k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (56 days)
- Unite Technology Services Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 140 days, this is slower than average (38 days)
- Unite Technology Services Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Unite Technology Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Unite Technology Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (62.5%)
99.8% - Unite Technology Services Ltd
62.5% - Industry AVG
UNITE TECHNOLOGY SERVICES LTD financials
Unite Technology Services Ltd's latest turnover from August 2022 is estimated at £353.3 thousand and the company has net assets of £306. According to their latest financial statements, Unite Technology Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 2 | 8 | 7 | 4 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,265 | 1,581 | 1,976 | 2,470 | 3,087 | 3,986 | 5,550 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,265 | 1,581 | 1,976 | 2,470 | 3,087 | 3,986 | 5,550 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 133,100 | 141,566 | 246,102 | 71,010 | 47,463 | 114,784 | 33,457 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 165 | 195 | 1,154 |
| total current assets | 133,100 | 141,566 | 246,102 | 71,010 | 47,628 | 114,979 | 34,611 |
| total assets | 134,365 | 143,147 | 248,078 | 73,480 | 50,715 | 118,965 | 40,161 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 99,197 | 65,532 | 111,256 | 56,195 | 24,039 | 80,902 | 37,455 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 99,197 | 65,532 | 111,256 | 56,195 | 24,039 | 80,902 | 37,455 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 1,200 | 1,200 | 0 |
| other liabilities | 34,862 | 40,719 | 50,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 34,862 | 40,719 | 50,000 | 0 | 1,200 | 1,200 | 0 |
| total liabilities | 134,059 | 106,251 | 161,256 | 56,195 | 25,239 | 82,102 | 37,455 |
| net assets | 306 | 36,896 | 86,822 | 17,285 | 25,476 | 36,863 | 2,706 |
| total shareholders funds | 306 | 36,896 | 86,822 | 17,285 | 25,476 | 36,863 | 2,706 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | ||||||
| Amortisation | 0 | ||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,466 | -104,536 | 175,092 | 23,547 | -67,321 | 81,327 | 33,457 |
| Creditors | 33,665 | -45,724 | 55,061 | 32,156 | -56,863 | 43,447 | 37,455 |
| Accruals and Deferred Income | 0 | 0 | 0 | -1,200 | 0 | 1,200 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,857 | -9,281 | 50,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
unite technology services ltd Credit Report and Business Information
Unite Technology Services Ltd Competitor Analysis
Perform a competitor analysis for unite technology services ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NE12 area or any other competitors across 12 key performance metrics.
unite technology services ltd Ownership
UNITE TECHNOLOGY SERVICES LTD group structure
Unite Technology Services Ltd has no subsidiary companies.
unite technology services ltd directors
Unite Technology Services Ltd currently has 5 directors. The longest serving directors include Mr Michael Tennant (Apr 2016) and Mr Dean Dixon (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Tennant | United Kingdom | 45 years | Apr 2016 | - | Director |
| Mr Dean Dixon | United Kingdom | 43 years | Apr 2016 | - | Director |
| Mr Callum McDougall | England | 56 years | May 2019 | - | Director |
| Mr Callum McDougall | United Kingdom | 56 years | May 2019 | - | Director |
| Mr Paul Sykes | United Kingdom | 52 years | May 2019 | - | Director |
P&L
August 2022turnover
353.3k
-31%
operating profit
-36.6k
0%
gross margin
27.1%
+10.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
306
-0.99%
total assets
134.4k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
unite technology services ltd company details
company number
09724581
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
August 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
smt technologies ltd (June 2019)
last accounts submitted
August 2022
address
126 great lime road, killingworth, newcastle upon tyne, NE12 6RU
accountant
-
auditor
-
unite technology services 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 unite technology services ltd.
unite technology services ltd Companies House Filings - See Documents
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