karma computing limited
karma computing limited Company Information
Company Number
09816119
Next Accounts
Jul 2025
Directors
Shareholders
christopher simpson
Group Structure
View All
Industry
Data processing, hosting and related activities
+2Registered Address
72 groby road, anstey, leicester, LE7 7FL
Website
www.karmacomputing.co.ukkarma computing limited Estimated Valuation
Pomanda estimates the enterprise value of KARMA COMPUTING LIMITED at £359 based on a Turnover of £559 and 0.64x industry multiple (adjusted for size and gross margin).
karma computing limited Estimated Valuation
Pomanda estimates the enterprise value of KARMA COMPUTING LIMITED at £0 based on an EBITDA of £-4.9k and a 3.94x industry multiple (adjusted for size and gross margin).
karma computing limited Estimated Valuation
Pomanda estimates the enterprise value of KARMA COMPUTING LIMITED at £0 based on Net Assets of £-450 and 2.32x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Karma Computing Limited Overview
Karma Computing Limited is a live company located in leicester, LE7 7FL with a Companies House number of 09816119. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2015, it's largest shareholder is christopher simpson with a 100% stake. Karma Computing Limited is a established, micro sized company, Pomanda has estimated its turnover at £559.4 with declining growth in recent years.
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Karma Computing Limited Health Check
Pomanda's financial health check has awarded Karma Computing Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £559.4, make it smaller than the average company (£3.5m)
- Karma Computing Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -79%, show it is growing at a slower rate (6.6%)
- Karma Computing Limited
6.6% - Industry AVG
Production
with a gross margin of 33.7%, this company has a higher cost of product (61.6%)
- Karma Computing Limited
61.6% - Industry AVG
Profitability
an operating margin of -884.3% make it less profitable than the average company (5%)
- Karma Computing Limited
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
- Karma Computing Limited
25 - Industry AVG
Pay Structure
on an average salary of £65.4k, the company has an equivalent pay structure (£65.4k)
- Karma Computing Limited
£65.4k - Industry AVG
Efficiency
resulting in sales per employee of £559.4, this is less efficient (£133.5k)
- Karma Computing Limited
£133.5k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is near the average (59 days)
- Karma Computing Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 1372 days, this is slower than average (37 days)
- Karma Computing Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Karma Computing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Karma Computing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.4%, this is a higher level of debt than the average (58.5%)
110.4% - Karma Computing Limited
58.5% - Industry AVG
KARMA COMPUTING LIMITED financials
Karma Computing Limited's latest turnover from October 2023 is estimated at £559 and the company has net assets of -£450. According to their latest financial statements, we estimate that Karma Computing Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 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 | 2 | 1 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,207 | 5,431 | 754 | 197 | 76 | 101 | ||
| Intangible Assets | ||||||||
| Investments & Other | 1 | 1 | ||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 4,208 | 5,432 | 754 | 197 | 76 | 101 | ||
| Stock & work in progress | ||||||||
| Trade Debtors | 107 | 4,292 | 14,889 | 2,380 | 3,068 | 3,415 | 253 | 3,181 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 107 | 4,292 | 14,889 | 2,380 | 3,068 | 3,415 | 253 | 3,181 |
| total assets | 4,315 | 9,724 | 15,643 | 2,577 | 3,144 | 3,516 | 253 | 3,181 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 1,395 | 253 | 2,097 | 1,799 | 5,599 | 4,689 | 5,249 | 940 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 1,395 | 253 | 2,097 | 1,799 | 5,599 | 4,689 | 5,249 | 940 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 3,370 | 4,974 | 7,168 | 9,087 | 10,077 | 14,686 | ||
| provisions | ||||||||
| total long term liabilities | 3,370 | 4,974 | 7,168 | 9,087 | 10,077 | 14,686 | ||
| total liabilities | 4,765 | 5,227 | 9,265 | 10,886 | 15,676 | 19,375 | 5,249 | 940 |
| net assets | -450 | 4,497 | 6,378 | -8,309 | -12,532 | -15,859 | -4,996 | 2,241 |
| total shareholders funds | -450 | 4,497 | 6,378 | -8,309 | -12,532 | -15,859 | -4,996 | 2,241 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -4,185 | -10,597 | 12,509 | -688 | -347 | 3,162 | -2,928 | 3,181 |
| Creditors | 1,142 | -1,844 | 298 | -3,800 | 910 | -560 | 4,309 | 940 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 1 | |||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -1,604 | -2,194 | -1,919 | -990 | -4,609 | 14,686 | ||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
karma computing limited Credit Report and Business Information
Karma Computing Limited Competitor Analysis
Perform a competitor analysis for karma computing limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LE7 area or any other competitors across 12 key performance metrics.
karma computing limited Ownership
KARMA COMPUTING LIMITED group structure
Karma Computing Limited has no subsidiary companies.
Ultimate parent company
KARMA COMPUTING LIMITED
09816119
karma computing limited directors
Karma Computing Limited currently has 1 director, Mr Christopher Simpson serving since Oct 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Simpson | 32 years | Oct 2015 | - | Director |
P&L
October 2023turnover
559.4
-95%
operating profit
-4.9k
0%
gross margin
33.8%
+0.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-450
-1.1%
total assets
4.3k
-0.56%
cash
0
0%
net assets
Total assets minus all liabilities
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karma computing limited company details
company number
09816119
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
63110 - Data processing, hosting and related activities
62020 - Computer consultancy activities
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
72 groby road, anstey, leicester, LE7 7FL
Bank
-
Legal Advisor
-
karma computing 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 karma computing limited.
karma computing 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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karma computing limited Companies House Filings - See Documents
| date | description | view/download |
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