provensys solutions ltd.

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provensys solutions ltd. Company Information

Share PROVENSYS SOLUTIONS LTD.

Company Number

10141578

Shareholders

venkata basava nagendra rao vemulappi sruthi gummadi

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

20-22 wenlock road, london, N1 7GU

Website

-

provensys solutions ltd. Estimated Valuation

£133.5k

Pomanda estimates the enterprise value of PROVENSYS SOLUTIONS LTD. at £133.5k based on a Turnover of £262k and 0.51x industry multiple (adjusted for size and gross margin).

provensys solutions ltd. Estimated Valuation

£100.2k

Pomanda estimates the enterprise value of PROVENSYS SOLUTIONS LTD. at £100.2k based on an EBITDA of £27.9k and a 3.59x industry multiple (adjusted for size and gross margin).

provensys solutions ltd. Estimated Valuation

£355k

Pomanda estimates the enterprise value of PROVENSYS SOLUTIONS LTD. at £355k based on Net Assets of £155.3k and 2.29x industry multiple (adjusted for liquidity).

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Provensys Solutions Ltd. Overview

Provensys Solutions Ltd. is a live company located in london, N1 7GU with a Companies House number of 10141578. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2016, it's largest shareholder is venkata basava nagendra rao vemulappi sruthi gummadi with a 100% stake. Provensys Solutions Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £262k with rapid growth in recent years.

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Provensys Solutions Ltd. Health Check

Pomanda's financial health check has awarded Provensys Solutions Ltd. a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £262k, make it smaller than the average company (£1.2m)

£262k - Provensys Solutions Ltd.

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (10.1%)

57% - Provensys Solutions Ltd.

10.1% - Industry AVG

production

Production

with a gross margin of 24.7%, this company has a higher cost of product (46%)

24.7% - Provensys Solutions Ltd.

46% - Industry AVG

profitability

Profitability

an operating margin of 10.7% make it more profitable than the average company (5.8%)

10.7% - Provensys Solutions Ltd.

5.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (10)

2 - Provensys Solutions Ltd.

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £59.5k, the company has an equivalent pay structure (£59.5k)

£59.5k - Provensys Solutions Ltd.

£59.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £131k, this is equally as efficient (£128.1k)

£131k - Provensys Solutions Ltd.

£128.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 148 days, this is later than average (60 days)

148 days - Provensys Solutions Ltd.

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 53 days, this is slower than average (27 days)

53 days - Provensys Solutions Ltd.

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Provensys Solutions Ltd.

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Provensys Solutions Ltd.

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.1%, this is a lower level of debt than the average (55.8%)

23.1% - Provensys Solutions Ltd.

55.8% - Industry AVG

PROVENSYS SOLUTIONS LTD. financials

EXPORTms excel logo

Provensys Solutions Ltd.'s latest turnover from April 2024 is estimated at £262 thousand and the company has net assets of £155.3 thousand. According to their latest financial statements, we estimate that Provensys Solutions Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Turnover261,984220,40298,91068,18269,766106,40442,015101,113
Other Income Or Grants
Cost Of Sales197,184162,06371,16950,18749,22475,41829,73469,897
Gross Profit64,80158,33827,74117,99520,54330,98612,28131,216
Admin Expenses36,904-92,82740,84475,45561,292-56,732-19,930-11,091
Operating Profit27,897151,165-13,103-57,460-40,74987,71832,21142,307
Interest Payable
Interest Receivable3910168721735
Pre-Tax Profit27,897151,165-13,103-57,421-40,64888,40532,42842,342
Tax-6,974-37,791-16,797-6,161-8,045
Profit After Tax20,923113,374-13,103-57,421-40,64871,60826,26734,297
Dividends Paid
Retained Profit20,923113,374-13,103-57,421-40,64871,60826,26734,297
Employee Costs118,938113,101103,20447,57193,37552,00652,59453,850
Number Of Employees22212111
EBITDA*27,897151,165-13,103-57,460-40,63987,89932,36242,427

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Tangible Assets95,45795,45749,67371,1731,789270451602
Intangible Assets
Investments & Other22,50022,500
Debtors (Due After 1 year)20,000
Total Fixed Assets95,45795,45749,67371,17324,28922,77020,451602
Stock & work in progress
Trade Debtors106,552102,65329,72428,96213,36038,02013,36037,120
Group Debtors
Misc Debtors
Cash77,371124,14959,01727,823
misc current assets
total current assets106,552102,65329,72428,96290,731162,16972,37764,943
total assets202,009198,11079,397100,135115,020184,93992,82865,545
Bank overdraft
Bank loan
Trade Creditors 28,71437,97522,20020,62022,86152,76732,26431,248
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,829
total current liabilities30,54337,97522,20020,62022,86152,76732,26431,248
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities15,77525,36735,80345,000
provisions394394394412635
total long term liabilities16,16925,76136,19745,412635
total liabilities46,71263,73658,39766,03223,49652,76732,26431,248
net assets155,297134,37421,00034,10391,524132,17260,56434,297
total shareholders funds155,297134,37421,00034,10391,524132,17260,56434,297
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Operating Activities
Operating Profit27,897151,165-13,103-57,460-40,74987,71832,21142,307
Depreciation110181151120
Amortisation
Tax-6,974-37,791-16,797-6,161-8,045
Stock
Debtors3,89972,92976215,602-24,6604,660-3,76037,120
Creditors-9,26115,7751,580-2,241-29,90620,5031,01631,248
Accruals and Deferred Income1,829
Deferred Taxes & Provisions-18-223635
Cash flow from operations9,59256,220-12,303-75,526-45,25086,94530,97728,510
Investing Activities
capital expenditure-45,78421,500-69,384-1,629-722
Change in Investments-22,50022,500
cash flow from investments-45,78421,500-46,884-1,629-22,500-722
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-9,592-10,436-9,19745,000
share issue
interest3910168721735
cash flow from financing-9,592-10,436-9,19745,03910168721735
cash and cash equivalents
cash-77,371-46,77865,13231,19427,823
overdraft
change in cash-77,371-46,77865,13231,19427,823

provensys solutions ltd. Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Provensys Solutions Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for provensys solutions ltd. by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.

provensys solutions ltd. Ownership

PROVENSYS SOLUTIONS LTD. group structure

Provensys Solutions Ltd. has no subsidiary companies.

Ultimate parent company

PROVENSYS SOLUTIONS LTD.

10141578

PROVENSYS SOLUTIONS LTD. Shareholders

venkata basava nagendra rao vemulappi sruthi gummadi 100%

provensys solutions ltd. directors

Provensys Solutions Ltd. currently has 2 directors. The longest serving directors include Mr Venkata Vemulapalli (Apr 2016) and Mrs Sruthi Gummadi (Apr 2023).

officercountryagestartendrole
Mr Venkata VemulapalliEngland40 years Apr 2016- Director
Mrs Sruthi GummadiUnited Kingdom34 years Apr 2023- Director

P&L

April 2024

turnover

262k

+19%

operating profit

27.9k

0%

gross margin

24.8%

-6.55%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

155.3k

+0.16%

total assets

202k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

provensys solutions ltd. company details

company number

10141578

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

20-22 wenlock road, london, N1 7GU

Bank

-

Legal Advisor

-

provensys solutions 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 provensys solutions ltd..

provensys solutions ltd. 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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provensys solutions ltd. Companies House Filings - See Documents

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