digital staff solutions ltd
digital staff solutions ltd Company Information
Company Number
10434349
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Shareholders
avp capital ii s.l.p
seek growth trust
View AllGroup Structure
View All
Contact
Registered Address
office 2.2 25 worship street, london, EC2A 2DX
Website
-digital staff solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL STAFF SOLUTIONS LTD at £59.9m based on a Turnover of £86.4m and 0.69x industry multiple (adjusted for size and gross margin).
digital staff solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL STAFF SOLUTIONS LTD at £0 based on an EBITDA of £-4.6m and a 5.11x industry multiple (adjusted for size and gross margin).
digital staff solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL STAFF SOLUTIONS LTD at £43.7m based on Net Assets of £18.6m and 2.35x industry multiple (adjusted for liquidity).
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Digital Staff Solutions Ltd Overview
Digital Staff Solutions Ltd is a live company located in london, EC2A 2DX with a Companies House number of 10434349. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2016, it's largest shareholder is avp capital ii s.l.p with a 20.6% stake. Digital Staff Solutions Ltd is a young, large sized company, Pomanda has estimated its turnover at £86.4m with rapid growth in recent years.
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Digital Staff Solutions Ltd Health Check
Pomanda's financial health check has awarded Digital Staff Solutions Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £86.4m, make it larger than the average company (£4.7m)
£86.4m - Digital Staff Solutions Ltd
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 157%, show it is growing at a faster rate (6.6%)
- Digital Staff Solutions Ltd
6.6% - Industry AVG
Production
with a gross margin of 6.4%, this company has a higher cost of product (38.2%)
6.4% - Digital Staff Solutions Ltd
38.2% - Industry AVG
Profitability
an operating margin of -5.8% make it less profitable than the average company (5.7%)
-5.8% - Digital Staff Solutions Ltd
5.7% - Industry AVG
Employees
with 197 employees, this is above the industry average (26)
197 - Digital Staff Solutions Ltd
26 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£53.9k)
£47.5k - Digital Staff Solutions Ltd
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £438.7k, this is more efficient (£170.6k)
£438.7k - Digital Staff Solutions Ltd
£170.6k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (41 days)
29 days - Digital Staff Solutions Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
1 days - Digital Staff Solutions Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (33 days)
0 days - Digital Staff Solutions Ltd
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (22 weeks)
95 weeks - Digital Staff Solutions Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.5%, this is a lower level of debt than the average (62.3%)
23.5% - Digital Staff Solutions Ltd
62.3% - Industry AVG
DIGITAL STAFF SOLUTIONS LTD financials
Digital Staff Solutions Ltd's latest turnover from December 2023 is £86.4 million and the company has net assets of £18.6 million. According to their latest financial statements, Digital Staff Solutions Ltd has 197 employees and maintains cash reserves of £10.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 86,426,028 | 101,003,910 | 24,613,650 | ||||
| Other Income Or Grants | 0 | 0 | 0 | ||||
| Cost Of Sales | 80,918,322 | 94,099,514 | 22,886,272 | ||||
| Gross Profit | 5,507,706 | 6,904,396 | 1,727,378 | ||||
| Admin Expenses | 10,492,304 | 6,344,203 | 3,057,015 | ||||
| Operating Profit | -4,984,598 | 560,193 | -1,329,637 | ||||
| Interest Payable | 497,703 | 424,590 | 40,231 | ||||
| Interest Receivable | 179,888 | 17,864 | 19 | ||||
| Pre-Tax Profit | -5,302,413 | 153,467 | -1,369,849 | ||||
| Tax | 0 | 258,620 | 0 | ||||
| Profit After Tax | -5,302,413 | 412,087 | -1,369,849 | ||||
| Dividends Paid | 0 | 0 | 0 | ||||
| Retained Profit | -5,302,413 | 412,087 | -1,369,849 | ||||
| Employee Costs | 9,352,719 | 7,198,147 | 1,703,073 | ||||
| Number Of Employees | 197 | 154 | 56 | 61 | 35 | 13 | 4 |
| EBITDA* | -4,613,172 | 658,477 | -1,318,036 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 146,684 | 175,292 | 23,247 | 18,057 | 38,548 | 28,043 | 964 |
| Intangible Assets | 4,176,325 | 1,541,840 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 100 | 100 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 1,391,287 | 413,395 | 0 | 0 |
| Total Fixed Assets | 4,323,009 | 1,717,132 | 23,247 | 1,409,444 | 452,043 | 28,043 | 964 |
| Stock & work in progress | 62,747 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,010,830 | 10,933,176 | 3,746,264 | 666,204 | 842,141 | 262,036 | 41,205 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,396,401 | 4,223,364 | 3,057,040 | 868,313 | 587,635 | 224,355 | 14,479 |
| Cash | 10,500,863 | 14,615,386 | 2,134,317 | 1,918,194 | 2,976,762 | 976,636 | 28,952 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,970,841 | 29,771,926 | 8,937,621 | 3,452,711 | 4,406,538 | 1,463,027 | 84,636 |
| total assets | 24,293,850 | 31,489,058 | 8,960,868 | 4,862,155 | 4,858,581 | 1,491,070 | 85,600 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 335,881 | 345,832 | 181,884 | 29,458 | 38,206 | 67,796 | 3,449 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 1,879,927 | 1,870,952 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 11,295 | 14,532 | 0 |
| other current liabilities | 3,492,968 | 5,725,120 | 5,942,973 | 436,175 | 264,433 | 133,483 | 10,946 |
| total current liabilities | 5,708,776 | 7,941,904 | 6,124,857 | 465,633 | 313,934 | 215,811 | 14,395 |
| loans | 0 | 0 | 1,680,000 | 1,560,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 3,861 | 8,315 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 1,197 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 1,680,000 | 1,560,000 | 3,861 | 9,512 | 0 |
| total liabilities | 5,708,776 | 7,941,904 | 7,804,857 | 2,025,633 | 317,795 | 225,323 | 14,395 |
| net assets | 18,585,074 | 23,547,154 | 1,156,011 | 2,836,522 | 4,540,786 | 1,265,747 | 71,205 |
| total shareholders funds | 18,585,074 | 23,547,154 | 1,156,011 | 2,836,522 | 4,540,786 | 1,265,747 | 71,205 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -4,984,598 | 560,193 | -1,329,637 | ||||
| Depreciation | 80,816 | 39,104 | 11,601 | 10,953 | 18,818 | 5,333 | |
| Amortisation | 290,610 | 59,180 | 0 | 0 | 0 | ||
| Tax | 0 | 258,620 | 0 | ||||
| Stock | 62,747 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,749,309 | 8,353,236 | 3,877,500 | 1,082,633 | 1,356,780 | 430,707 | 55,684 |
| Creditors | -9,951 | 163,948 | 152,426 | -8,748 | -29,590 | 64,347 | 3,449 |
| Accruals and Deferred Income | -2,232,152 | -217,853 | 5,506,798 | 171,742 | 130,950 | 122,537 | 10,946 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,168,713 | -7,490,044 | 463,688 | ||||
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | ||||
| Change in Investments | 0 | 0 | -100 | 0 | 100 | 0 | 0 |
| cash flow from investments | 0 | 0 | 100 | ||||
| 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 | 8,975 | 1,870,952 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -1,680,000 | 120,000 | 1,560,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -15,156 | -7,691 | 22,847 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -1,197 | 1,197 | 0 |
| share issue | |||||||
| interest | -317,815 | -406,726 | -40,212 | ||||
| cash flow from financing | 31,493 | 21,763,282 | -230,874 | ||||
| cash and cash equivalents | |||||||
| cash | -4,114,523 | 12,481,069 | 216,123 | -1,058,568 | 2,000,126 | 947,684 | 28,952 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,114,523 | 12,481,069 | 216,123 | -1,058,568 | 2,000,126 | 947,684 | 28,952 |
digital staff solutions ltd Credit Report and Business Information
Digital Staff Solutions Ltd Competitor Analysis
Perform a competitor analysis for digital staff solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC2A area or any other competitors across 12 key performance metrics.
digital staff solutions ltd Ownership
DIGITAL STAFF SOLUTIONS LTD group structure
Digital Staff Solutions Ltd has no subsidiary companies.
Ultimate parent company
DIGITAL STAFF SOLUTIONS LTD
10434349
digital staff solutions ltd directors
Digital Staff Solutions Ltd currently has 4 directors. The longest serving directors include Mr Charles Armitage (Oct 2016) and Mr Dan Blake (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Armitage | United Kingdom | 35 years | Oct 2016 | - | Director |
| Mr Dan Blake | England | 46 years | Aug 2018 | - | Director |
| Mr Joshua Mendoza | United Kingdom | 43 years | Jun 2019 | - | Director |
| Mr Imran Akram | England | 44 years | Apr 2022 | - | Director |
P&L
December 2023turnover
86.4m
-14%
operating profit
-5m
-990%
gross margin
6.4%
-6.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
18.6m
-0.21%
total assets
24.3m
-0.23%
cash
10.5m
-0.28%
net assets
Total assets minus all liabilities
digital staff solutions ltd company details
company number
10434349
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
office 2.2 25 worship street, london, EC2A 2DX
Bank
-
Legal Advisor
-
digital staff 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 found 2 charges/mortgages relating to digital staff solutions ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
digital staff 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.
Click to start generating capital raising & share issue transactions for DIGITAL STAFF SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
digital staff solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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