longshot systems ltd
longshot systems ltd Company Information
Company Number
09948363
Website
www.longshotsystems.co.ukRegistered Address
3rd floor 45 leather lane, london, EC1N 7TH
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
October 2025
Group Structure
View All
Shareholders
longshot systems holding ltd 100%
longshot systems ltd Estimated Valuation
Pomanda estimates the enterprise value of LONGSHOT SYSTEMS LTD at £1.7m based on a Turnover of £3.1m and 0.54x industry multiple (adjusted for size and gross margin).
longshot systems ltd Estimated Valuation
Pomanda estimates the enterprise value of LONGSHOT SYSTEMS LTD at £1.2m based on an EBITDA of £317k and a 3.91x industry multiple (adjusted for size and gross margin).
longshot systems ltd Estimated Valuation
Pomanda estimates the enterprise value of LONGSHOT SYSTEMS LTD at £2.9m based on Net Assets of £1.3m and 2.25x industry multiple (adjusted for liquidity).
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Longshot Systems Ltd Overview
Longshot Systems Ltd is a live company located in london, EC1N 7TH with a Companies House number of 09948363. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2016, it's largest shareholder is longshot systems holding ltd with a 100% stake. Longshot Systems Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.1m with rapid growth in recent years.
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Longshot Systems Ltd Health Check
Pomanda's financial health check has awarded Longshot Systems Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £3.1m, make it larger than the average company (£398.3k)
- Longshot Systems Ltd
£398.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 95%, show it is growing at a faster rate (8.9%)
- Longshot Systems Ltd
8.9% - Industry AVG
Production
with a gross margin of 23.8%, this company has a higher cost of product (46.1%)
- Longshot Systems Ltd
46.1% - Industry AVG
Profitability
an operating margin of 10.2% make it more profitable than the average company (7.4%)
- Longshot Systems Ltd
7.4% - Industry AVG
Employees
with 14 employees, this is above the industry average (5)
14 - Longshot Systems Ltd
5 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Longshot Systems Ltd
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £220.4k, this is more efficient (£122.1k)
- Longshot Systems Ltd
£122.1k - Industry AVG
Debtor Days
it gets paid by customers after 191 days, this is later than average (62 days)
- Longshot Systems Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 118 days, this is slower than average (26 days)
- Longshot Systems Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Longshot Systems Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (22 weeks)
28 weeks - Longshot Systems Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.4%, this is a lower level of debt than the average (53.4%)
37.4% - Longshot Systems Ltd
53.4% - Industry AVG
LONGSHOT SYSTEMS LTD financials
Longshot Systems Ltd's latest turnover from January 2024 is estimated at £3.1 million and the company has net assets of £1.3 million. According to their latest financial statements, Longshot Systems Ltd has 14 employees and maintains cash reserves of £411 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 14 | 14 | 14 | 14 | 8 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,450 | 5,230 | 6,156 | 10,709 | 20,466 | 35,548 | 36,485 | 15,503 |
| 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 | 4,450 | 5,230 | 6,156 | 10,709 | 20,466 | 35,548 | 36,485 | 15,503 |
| Stock & work in progress | 0 | 0 | 289,660 | 275,056 | 180,260 | 159,677 | 0 | 0 |
| Trade Debtors | 1,621,383 | 742,884 | 476,974 | 65,828 | 0 | 0 | 277,115 | 42,484 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 11,928 | 28,675 | 25,021 | 0 | 0 |
| Cash | 410,960 | 337,181 | 120,164 | 347,260 | 383,861 | 257,097 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 19,457 | 0 |
| total current assets | 2,032,343 | 1,080,065 | 886,798 | 700,072 | 592,796 | 441,795 | 296,572 | 42,484 |
| total assets | 2,036,793 | 1,085,295 | 892,954 | 710,781 | 613,262 | 477,343 | 333,057 | 57,987 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 761,362 | 59,398 | 48,046 | 849 | 24,595 | 42,791 | 104,677 | 11,728 |
| 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 | 101,217 | 140,117 | 93,176 | 0 | 0 |
| total current liabilities | 761,362 | 59,398 | 48,046 | 102,066 | 164,712 | 135,967 | 104,677 | 11,728 |
| loans | 0 | 0 | 0 | 0 | 111,361 | 161,361 | 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 | 160,000 | 40,000 |
| provisions | 0 | 0 | 0 | 2,035 | 5,788 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 2,035 | 117,149 | 161,361 | 160,000 | 40,000 |
| total liabilities | 761,362 | 59,398 | 48,046 | 104,101 | 281,861 | 297,328 | 264,677 | 51,728 |
| net assets | 1,275,431 | 1,025,897 | 844,908 | 606,680 | 331,401 | 180,015 | 68,380 | 6,259 |
| total shareholders funds | 1,275,431 | 1,025,897 | 844,908 | 606,680 | 331,401 | 180,015 | 68,380 | 6,259 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,994 | 3,894 | 7,313 | 13,058 | 12,837 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 10,000 | 0 | ||
| Tax | ||||||||
| Stock | 0 | -289,660 | 14,604 | 94,796 | 20,583 | 159,677 | 0 | 0 |
| Debtors | 878,499 | 265,910 | 399,218 | 49,081 | 3,654 | -252,094 | 234,631 | 42,484 |
| Creditors | 701,964 | 11,352 | 47,197 | -23,746 | -18,196 | -61,886 | 92,949 | 11,728 |
| Accruals and Deferred Income | 0 | 0 | -101,217 | -38,900 | 46,941 | 93,176 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -2,035 | -3,753 | 5,788 | 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 | -111,361 | -50,000 | 161,361 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -160,000 | 120,000 | 40,000 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 73,779 | 217,017 | -227,096 | -36,601 | 126,764 | 257,097 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 73,779 | 217,017 | -227,096 | -36,601 | 126,764 | 257,097 | 0 | 0 |
longshot systems ltd Credit Report and Business Information
Longshot Systems Ltd Competitor Analysis
Perform a competitor analysis for longshot systems ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC1N area or any other competitors across 12 key performance metrics.
longshot systems ltd Ownership
LONGSHOT SYSTEMS LTD group structure
Longshot Systems Ltd has no subsidiary companies.
longshot systems ltd directors
Longshot Systems Ltd currently has 2 directors. The longest serving directors include Mr Mark Goodhead (Jan 2016) and Mr David Prime (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Goodhead | United Kingdom | 37 years | Jan 2016 | - | Director |
| Mr David Prime | United Kingdom | 39 years | Jan 2016 | - | Director |
P&L
January 2024turnover
3.1m
+125%
operating profit
314k
0%
gross margin
23.8%
-11.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
1.3m
+0.24%
total assets
2m
+0.88%
cash
411k
+0.22%
net assets
Total assets minus all liabilities
longshot systems ltd company details
company number
09948363
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2024
previous names
N/A
accountant
ONTHEGO ACCOUNTANTS LIMITED
auditor
-
address
3rd floor 45 leather lane, london, EC1N 7TH
Bank
-
Legal Advisor
-
longshot systems 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 longshot systems ltd.
longshot systems ltd Companies House Filings - See Documents
| date | description | view/download |
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