techware express ltd
techware express ltd Company Information
Company Number
10355175
Website
-Registered Address
71-75 shelton street, covent garden, london, WC2H 9JQ
Industry
Wholesale of computers, computer peripheral equipment and software
Retail sale of computers, peripheral units and software in specialised stores
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
kevin mason 100%
techware express ltd Estimated Valuation
Pomanda estimates the enterprise value of TECHWARE EXPRESS LTD at £17.8k based on a Turnover of £93.6k and 0.19x industry multiple (adjusted for size and gross margin).
techware express ltd Estimated Valuation
Pomanda estimates the enterprise value of TECHWARE EXPRESS LTD at £0 based on an EBITDA of £-5.9k and a 2.35x industry multiple (adjusted for size and gross margin).
techware express ltd Estimated Valuation
Pomanda estimates the enterprise value of TECHWARE EXPRESS LTD at £56.7k based on Net Assets of £17.8k and 3.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Techware Express Ltd Overview
Techware Express Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 10355175. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in September 2016, it's largest shareholder is kevin mason with a 100% stake. Techware Express Ltd is a young, micro sized company, Pomanda has estimated its turnover at £93.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Techware Express Ltd Health Check
Pomanda's financial health check has awarded Techware Express Ltd a 1.5 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 £93.6k, make it smaller than the average company (£9.3m)
- Techware Express Ltd
£9.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (6.4%)
- Techware Express Ltd
6.4% - Industry AVG
Production
with a gross margin of 10%, this company has a higher cost of product (19.5%)
- Techware Express Ltd
19.5% - Industry AVG
Profitability
an operating margin of -6.3% make it less profitable than the average company (3.3%)
- Techware Express Ltd
3.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Techware Express Ltd
25 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Techware Express Ltd
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £93.6k, this is less efficient (£341.8k)
- Techware Express Ltd
£341.8k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (43 days)
- Techware Express Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (37 days)
- Techware Express Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Techware Express Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Techware Express Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.7%, this is a lower level of debt than the average (67%)
57.7% - Techware Express Ltd
67% - Industry AVG
TECHWARE EXPRESS LTD financials
Techware Express Ltd's latest turnover from August 2023 is estimated at £93.6 thousand and the company has net assets of £17.8 thousand. According to their latest financial statements, Techware Express Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 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 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,736 | 3,981 | 4,641 | 3,522 | 4,696 | 4,713 | 643 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,736 | 3,981 | 4,641 | 3,522 | 4,696 | 4,713 | 643 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,301 | 46,372 | 61,724 | 50,421 | 14,305 | 13,552 | 39,852 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 24,301 | 46,372 | 61,724 | 50,421 | 14,305 | 13,552 | 39,852 |
| total assets | 42,037 | 50,353 | 66,365 | 53,943 | 19,001 | 18,265 | 40,495 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,490 | 5,165 | 14,408 | 6,090 | 5,619 | 5,083 | 27,826 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,490 | 5,165 | 14,408 | 6,090 | 5,619 | 5,083 | 27,826 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 18,750 | 21,528 | 24,306 | 25,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,750 | 21,528 | 24,306 | 25,000 | 0 | 0 | 0 |
| total liabilities | 24,240 | 26,693 | 38,714 | 31,090 | 5,619 | 5,083 | 27,826 |
| net assets | 17,797 | 23,660 | 27,651 | 22,853 | 13,382 | 13,182 | 12,669 |
| total shareholders funds | 17,797 | 23,660 | 27,651 | 22,853 | 13,382 | 13,182 | 12,669 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -22,071 | -15,352 | 11,303 | 36,116 | 753 | -26,300 | 39,852 |
| Creditors | 325 | -9,243 | 8,318 | 471 | 536 | -22,743 | 27,826 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,778 | -2,778 | -694 | 25,000 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
techware express ltd Credit Report and Business Information
Techware Express Ltd Competitor Analysis
Perform a competitor analysis for techware express ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
techware express ltd Ownership
TECHWARE EXPRESS LTD group structure
Techware Express Ltd has no subsidiary companies.
Ultimate parent company
TECHWARE EXPRESS LTD
10355175
techware express ltd directors
Techware Express Ltd currently has 2 directors. The longest serving directors include Mr Kevin Mason (Jun 2017) and Mr Martin Westbury (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Mason | United Kingdom | 37 years | Jun 2017 | - | Director |
| Mr Martin Westbury | United Kingdom | 57 years | May 2022 | - | Director |
P&L
August 2023turnover
93.6k
-29%
operating profit
-5.9k
0%
gross margin
10.1%
-19.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
17.8k
-0.25%
total assets
42k
-0.17%
cash
0
0%
net assets
Total assets minus all liabilities
techware express ltd company details
company number
10355175
Type
Private limited with Share Capital
industry
46510 - Wholesale of computers, computer peripheral equipment and software
47410 - Retail sale of computers, peripheral units and software in specialised stores
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
71-75 shelton street, covent garden, london, WC2H 9JQ
Bank
-
Legal Advisor
-
techware express 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 techware express ltd.
techware express ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
