professional services it limited
professional services it limited Company Information
Company Number
10158135
Website
itps.co.ukRegistered Address
1 manor farm cottages, shucklow hill, milton keynes, MK17 0PY
Industry
Computer consultancy activities
Telephone
441914428300
Next Accounts Due
235 days late
Group Structure
View All
Directors
Justin Spencer8 Years
Shareholders
justin spencer 100%
professional services it limited Estimated Valuation
Pomanda estimates the enterprise value of PROFESSIONAL SERVICES IT LIMITED at £588 based on a Turnover of £1.1k and 0.54x industry multiple (adjusted for size and gross margin).
professional services it limited Estimated Valuation
Pomanda estimates the enterprise value of PROFESSIONAL SERVICES IT LIMITED at £0 based on an EBITDA of £-2.3k and a 3.87x industry multiple (adjusted for size and gross margin).
professional services it limited Estimated Valuation
Pomanda estimates the enterprise value of PROFESSIONAL SERVICES IT LIMITED at £0 based on Net Assets of £-1.7k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Professional Services It Limited Overview
Professional Services It Limited is a live company located in milton keynes, MK17 0PY with a Companies House number of 10158135. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2016, it's largest shareholder is justin spencer with a 100% stake. Professional Services It Limited is a young, micro sized company, Pomanda has estimated its turnover at £1.1k with declining growth in recent years.
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Professional Services It Limited Health Check
Pomanda's financial health check has awarded Professional Services It Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £1.1k, make it smaller than the average company (£574.7k)
- Professional Services It Limited
£574.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (3.3%)
- Professional Services It Limited
3.3% - Industry AVG
Production
with a gross margin of 28%, this company has a higher cost of product (47.8%)
- Professional Services It Limited
47.8% - Industry AVG
Profitability
an operating margin of -209.8% make it less profitable than the average company (8.6%)
- Professional Services It Limited
8.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
- Professional Services It Limited
7 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)
- Professional Services It Limited
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.1k, this is less efficient (£115.8k)
- Professional Services It Limited
£115.8k - Industry AVG
Debtor Days
it gets paid by customers after 164 days, this is later than average (66 days)
- Professional Services It Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (31 days)
- Professional Services It Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Professional Services It Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Professional Services It Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 444.9%, this is a higher level of debt than the average (56.5%)
444.9% - Professional Services It Limited
56.5% - Industry AVG
PROFESSIONAL SERVICES IT LIMITED financials
Professional Services It Limited's latest turnover from May 2022 is estimated at £1.1 thousand and the company has net assets of -£1.7 thousand. According to their latest financial statements, we estimate that Professional Services It Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 492 | 597 | 4,119 | 1,434 | 1,628 | 1,227 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 4 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 492 | 597 | 4,119 | 1,434 | 1,628 | 1,231 |
| total assets | 492 | 597 | 4,119 | 1,434 | 1,628 | 1,231 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 76 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 76 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,113 | 0 | 0 | 0 | 0 | 128 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,113 | 0 | 0 | 0 | 0 | 128 |
| total liabilities | 2,189 | 0 | 0 | 0 | 0 | 128 |
| net assets | -1,697 | 597 | 4,119 | 1,434 | 1,628 | 1,103 |
| total shareholders funds | -1,697 | 597 | 4,119 | 1,434 | 1,628 | 1,103 |
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -105 | -3,522 | 2,685 | -194 | 401 | 1,227 |
| Creditors | 76 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 2,113 | 0 | 0 | 0 | -128 | 128 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | -4 | 4 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -4 | 4 |
professional services it limited Credit Report and Business Information
Professional Services It Limited Competitor Analysis
Perform a competitor analysis for professional services it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK17 area or any other competitors across 12 key performance metrics.
professional services it limited Ownership
PROFESSIONAL SERVICES IT LIMITED group structure
Professional Services It Limited has no subsidiary companies.
Ultimate parent company
PROFESSIONAL SERVICES IT LIMITED
10158135
professional services it limited directors
Professional Services It Limited currently has 1 director, Mr Justin Spencer serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Justin Spencer | England | 49 years | May 2016 | - | Director |
P&L
May 2022turnover
1.1k
-24%
operating profit
-2.3k
0%
gross margin
28.1%
+8.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
-1.7k
-3.84%
total assets
492
-0.18%
cash
0
0%
net assets
Total assets minus all liabilities
professional services it limited company details
company number
10158135
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2022
previous names
N/A
accountant
-
auditor
-
address
1 manor farm cottages, shucklow hill, milton keynes, MK17 0PY
Bank
-
Legal Advisor
-
professional services it 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 professional services it limited.
professional services it limited Companies House Filings - See Documents
| date | description | view/download |
|---|
