net service information technology ltd
net service information technology ltd Company Information
Company Number
09835347
Website
-Registered Address
5th floor north side,7/10, chandos street, london, W1G 9DQ
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
net service spa 80%
cristiano morganti 20%
net service information technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NET SERVICE INFORMATION TECHNOLOGY LTD at £5.3k based on a Turnover of £10.2k and 0.52x industry multiple (adjusted for size and gross margin).
net service information technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NET SERVICE INFORMATION TECHNOLOGY LTD at £1.6k based on an EBITDA of £426 and a 3.74x industry multiple (adjusted for size and gross margin).
net service information technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NET SERVICE INFORMATION TECHNOLOGY LTD at £25.2k based on Net Assets of £11.3k and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Net Service Information Technology Ltd Overview
Net Service Information Technology Ltd is a live company located in london, W1G 9DQ with a Companies House number of 09835347. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 2015, it's largest shareholder is net service spa with a 80% stake. Net Service Information Technology Ltd is a young, micro sized company, Pomanda has estimated its turnover at £10.2k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Net Service Information Technology Ltd Health Check
Pomanda's financial health check has awarded Net Service Information Technology Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £10.2k, make it smaller than the average company (£908k)
- Net Service Information Technology Ltd
£908k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7%)
- Net Service Information Technology Ltd
7% - Industry AVG
Production
with a gross margin of 26.2%, this company has a higher cost of product (49.3%)
- Net Service Information Technology Ltd
49.3% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (7.5%)
- Net Service Information Technology Ltd
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
- Net Service Information Technology Ltd
8 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Net Service Information Technology Ltd
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £10.2k, this is less efficient (£123.8k)
- Net Service Information Technology Ltd
£123.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Net Service Information Technology Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 180 days, this is slower than average (30 days)
- Net Service Information Technology Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Net Service Information Technology Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 170 weeks, this is more cash available to meet short term requirements (18 weeks)
170 weeks - Net Service Information Technology Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.6%, this is a lower level of debt than the average (56.5%)
31.6% - Net Service Information Technology Ltd
56.5% - Industry AVG
NET SERVICE INFORMATION TECHNOLOGY LTD financials
Net Service Information Technology Ltd's latest turnover from October 2023 is estimated at £10.2 thousand and the company has net assets of £11.3 thousand. According to their latest financial statements, we estimate that Net Service Information Technology Ltd has 1 employee and maintains cash reserves of £12.2 thousand 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 | 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 | 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 | 0 | 4,000 | 0 | 0 | 11 | 2,011 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,345 | 3,500 | 4,000 | 12,000 | 0 | 0 | 0 | 0 |
| Cash | 12,194 | 8,173 | 11,222 | 2,819 | 1,462 | 11,302 | 6,785 | 10,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,539 | 15,673 | 15,222 | 14,819 | 1,473 | 13,313 | 6,785 | 10,000 |
| total assets | 16,539 | 15,673 | 15,222 | 14,819 | 1,473 | 13,313 | 6,785 | 10,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,719 | 3,555 | 3,370 | 3,492 | 3,392 | 3,522 | 2,956 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,719 | 3,555 | 3,370 | 3,492 | 3,392 | 3,522 | 2,956 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,500 | 1,500 | 1,500 | 1,500 | 1,400 | 1,500 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,500 | 1,500 | 1,500 | 1,500 | 1,400 | 1,500 | 0 | 0 |
| total liabilities | 5,219 | 5,055 | 4,870 | 4,992 | 4,792 | 5,022 | 2,956 | 0 |
| net assets | 11,320 | 10,618 | 10,352 | 9,827 | -3,319 | 8,291 | 3,829 | 10,000 |
| total shareholders funds | 11,320 | 10,618 | 10,352 | 9,827 | -3,319 | 8,291 | 3,829 | 10,000 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,155 | 3,500 | -8,000 | 11,989 | -2,000 | 2,011 | 0 | 0 |
| Creditors | 164 | 185 | -122 | 100 | -130 | 566 | 2,956 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 100 | -100 | 1,500 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 4,021 | -3,049 | 8,403 | 1,357 | -9,840 | 4,517 | -3,215 | 10,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,021 | -3,049 | 8,403 | 1,357 | -9,840 | 4,517 | -3,215 | 10,000 |
net service information technology ltd Credit Report and Business Information
Net Service Information Technology Ltd Competitor Analysis
Perform a competitor analysis for net service information technology ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W1G area or any other competitors across 12 key performance metrics.
net service information technology ltd Ownership
NET SERVICE INFORMATION TECHNOLOGY LTD group structure
Net Service Information Technology Ltd has no subsidiary companies.
Ultimate parent company
NET SERVICE SPA
#0108035
1 parent
NET SERVICE INFORMATION TECHNOLOGY LTD
09835347
net service information technology ltd directors
Net Service Information Technology Ltd currently has 2 directors. The longest serving directors include Gianluca Ortolani (Oct 2015) and Mr Cristiano Morganti (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Gianluca Ortolani | United Kingdom | 53 years | Oct 2015 | - | Director |
| Mr Cristiano Morganti | United Kingdom | 53 years | Jul 2016 | - | Director |
P&L
October 2023turnover
10.2k
-2%
operating profit
426.8
0%
gross margin
26.3%
-6.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
11.3k
+0.07%
total assets
16.5k
+0.06%
cash
12.2k
+0.49%
net assets
Total assets minus all liabilities
Similar Companies
net service information technology ltd company details
company number
09835347
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
October 2015
age
9
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
5th floor north side,7/10, chandos street, london, W1G 9DQ
accountant
-
auditor
-
net service information technology 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 net service information technology ltd.
net service information technology ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
