zenitech solutions limited
zenitech solutions limited Company Information
Company Number
09931063
Next Accounts
Sep 2025
Industry
Computer consultancy activities
Shareholders
zenitech group limited
Group Structure
View All
Contact
Registered Address
4th floor 18 st. cross street, london, EC1N 8UN
Website
-zenitech solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ZENITECH SOLUTIONS LIMITED at £3.7m based on a Turnover of £6.3m and 0.59x industry multiple (adjusted for size and gross margin).
zenitech solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ZENITECH SOLUTIONS LIMITED at £544.5k based on an EBITDA of £132.9k and a 4.1x industry multiple (adjusted for size and gross margin).
zenitech solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ZENITECH SOLUTIONS LIMITED at £499.8k based on Net Assets of £218.6k and 2.29x industry multiple (adjusted for liquidity).
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Zenitech Solutions Limited Overview
Zenitech Solutions Limited is a live company located in london, EC1N 8UN with a Companies House number of 09931063. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2015, it's largest shareholder is zenitech group limited with a 100% stake. Zenitech Solutions Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.3m with high growth in recent years.
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Zenitech Solutions Limited Health Check
Pomanda's financial health check has awarded Zenitech Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £6.3m, make it larger than the average company (£3.2m)
£6.3m - Zenitech Solutions Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (8.6%)
21% - Zenitech Solutions Limited
8.6% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (45.5%)
21.2% - Zenitech Solutions Limited
45.5% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (6%)
2.1% - Zenitech Solutions Limited
6% - Industry AVG
Employees
with 46 employees, this is above the industry average (23)
- Zenitech Solutions Limited
23 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Zenitech Solutions Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £137.9k, this is equally as efficient (£140k)
- Zenitech Solutions Limited
£140k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (61 days)
38 days - Zenitech Solutions Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (27 days)
0 days - Zenitech Solutions Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Zenitech Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Zenitech Solutions Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (58.5%)
96% - Zenitech Solutions Limited
58.5% - Industry AVG
ZENITECH SOLUTIONS LIMITED financials
Zenitech Solutions Limited's latest turnover from December 2023 is £6.3 million and the company has net assets of £218.6 thousand. According to their latest financial statements, we estimate that Zenitech Solutions Limited has 46 employees and maintains cash reserves of £234.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 6,345,490 | 7,165,224 | 6,366,446 | 3,593,960 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 5,002,697 | 5,059,534 | 4,209,040 | 2,713,196 | ||||
| Gross Profit | 1,342,793 | 2,105,690 | 2,157,406 | 880,764 | ||||
| Admin Expenses | 1,209,882 | 1,492,067 | 814,723 | 323,813 | ||||
| Operating Profit | 132,911 | 613,623 | 1,342,683 | 556,951 | ||||
| Interest Payable | 526,058 | 161,416 | 0 | 28 | ||||
| Interest Receivable | 6,130 | 366 | 72 | 770 | ||||
| Pre-Tax Profit | -387,017 | 452,573 | 1,342,755 | 557,693 | ||||
| Tax | 39,938 | -39,938 | -91,380 | 84,309 | ||||
| Profit After Tax | -347,079 | 412,635 | 1,251,375 | 642,002 | ||||
| Dividends Paid | 0 | 1,200,001 | 1,551,501 | 0 | ||||
| Retained Profit | -347,079 | -787,366 | -300,126 | 642,002 | ||||
| Employee Costs | 0 | 0 | 0 | |||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | ||
| EBITDA* | 132,911 | 613,623 | 1,342,683 | 556,951 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,486,181 | 4,182,988 | 7,181 | 38 | 38 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,486,181 | 4,182,988 | 7,181 | 38 | 38 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 677,126 | 753,362 | 731,804 | 687,842 | 817,443 | 887,947 | 167,467 | 57,639 |
| Group Debtors | 0 | 0 | 0 | 844,480 | 0 | 0 | 75,000 | 0 |
| Misc Debtors | 105,347 | 145,686 | 166,362 | 190,064 | 121,096 | 3 | 1,428 | 3 |
| Cash | 234,156 | 1,232,107 | 1,882,047 | 988,923 | 568,805 | 194,970 | 334,033 | 50,433 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,016,629 | 2,131,155 | 2,780,213 | 2,711,309 | 1,507,344 | 1,082,920 | 577,928 | 108,075 |
| total assets | 5,502,810 | 6,314,143 | 2,787,394 | 2,711,347 | 1,507,382 | 1,082,920 | 577,928 | 108,075 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,737 | 21,672 | 39,585 | 9,194 | 16,381 | 89,640 | 441,571 | 79,415 |
| Group/Directors Accounts | 5,212,163 | 5,485,011 | 947,034 | 469,104 | 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 | 67,276 | 241,747 | 447,696 | 579,844 | 269,798 | 245,668 | 27,207 | 12,529 |
| total current liabilities | 5,284,176 | 5,748,430 | 1,434,315 | 1,058,142 | 286,179 | 335,308 | 468,778 | 91,944 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,284,176 | 5,748,430 | 1,434,315 | 1,058,142 | 286,179 | 335,308 | 468,778 | 91,944 |
| net assets | 218,634 | 565,713 | 1,353,079 | 1,653,205 | 1,221,203 | 747,612 | 109,150 | 16,131 |
| total shareholders funds | 218,634 | 565,713 | 1,353,079 | 1,653,205 | 1,221,203 | 747,612 | 109,150 | 16,131 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 132,911 | 613,623 | 1,342,683 | 556,951 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 39,938 | -39,938 | -91,380 | 84,309 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -116,575 | 882 | -824,220 | 783,847 | 50,589 | 644,055 | 186,253 | 57,642 |
| Creditors | -16,935 | -17,913 | 30,391 | -7,187 | -73,259 | -351,931 | 362,156 | 79,415 |
| Accruals and Deferred Income | -174,471 | -205,949 | -132,148 | 310,046 | 24,130 | 218,461 | 14,678 | 12,529 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 98,018 | 348,941 | 1,973,766 | 160,272 | ||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 303,193 | 4,175,807 | 7,143 | 0 | 38 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -272,848 | 4,537,977 | 477,930 | 469,104 | 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 | -519,928 | -161,050 | 72 | 742 | ||||
| cash flow from financing | -792,776 | 4,376,927 | 478,002 | 259,846 | ||||
| cash and cash equivalents | ||||||||
| cash | -997,951 | -649,940 | 893,124 | 420,118 | 373,835 | -139,063 | 283,600 | 50,433 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -997,951 | -649,940 | 893,124 | 420,118 | 373,835 | -139,063 | 283,600 | 50,433 |
zenitech solutions limited Credit Report and Business Information
Zenitech Solutions Limited Competitor Analysis
Perform a competitor analysis for zenitech solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC1N area or any other competitors across 12 key performance metrics.
zenitech solutions limited Ownership
ZENITECH SOLUTIONS LIMITED group structure
Zenitech Solutions Limited has no subsidiary companies.
zenitech solutions limited directors
Zenitech Solutions Limited currently has 5 directors. The longest serving directors include Mr Edward Batrouni (Dec 2015) and Mr Rupert Lacy-Hulbert (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Batrouni | United Kingdom | 45 years | Dec 2015 | - | Director |
| Mr Rupert Lacy-Hulbert | United Kingdom | 48 years | Dec 2015 | - | Director |
| Mr Rupert Lacy-Hulbert | United Kingdom | 48 years | Dec 2015 | - | Director |
| Mr Samuel Kingston | United Kingdom | 73 years | May 2024 | - | Director |
| Mr Matthew Long | United Kingdom | 51 years | May 2024 | - | Director |
P&L
December 2023turnover
6.3m
-11%
operating profit
132.9k
-78%
gross margin
21.2%
-27.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
218.6k
-0.61%
total assets
5.5m
-0.13%
cash
234.2k
-0.81%
net assets
Total assets minus all liabilities
zenitech solutions limited company details
company number
09931063
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
4th floor 18 st. cross street, london, EC1N 8UN
Bank
-
Legal Advisor
-
zenitech solutions 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 found 3 charges/mortgages relating to zenitech solutions limited. Currently there are 3 open charges and 0 have been satisfied in the past.
zenitech solutions 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.
Click to start generating capital raising & share issue transactions for ZENITECH SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
zenitech solutions limited Companies House Filings - See Documents
| date | description | view/download |
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