think big computing ltd

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think big computing ltd Company Information

Share THINK BIG COMPUTING LTD

Company Number

10493042

Directors

Kevin Rackind

Shareholders

kevin rackind

Group Structure

View All

Industry

Child day-care activities

 +3

Registered Address

132 st. albans road, sandridge, st. albans, AL4 9LL

Website

-

think big computing ltd Estimated Valuation

£14.6k

Pomanda estimates the enterprise value of THINK BIG COMPUTING LTD at £14.6k based on a Turnover of £23.6k and 0.62x industry multiple (adjusted for size and gross margin).

think big computing ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THINK BIG COMPUTING LTD at £0 based on an EBITDA of £-14.2k and a 3.72x industry multiple (adjusted for size and gross margin).

think big computing ltd Estimated Valuation

£4.1k

Pomanda estimates the enterprise value of THINK BIG COMPUTING LTD at £4.1k based on Net Assets of £1.4k and 3.02x industry multiple (adjusted for liquidity).

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Think Big Computing Ltd Overview

Think Big Computing Ltd is a live company located in st. albans, AL4 9LL with a Companies House number of 10493042. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in November 2016, it's largest shareholder is kevin rackind with a 100% stake. Think Big Computing Ltd is a young, micro sized company, Pomanda has estimated its turnover at £23.6k with declining growth in recent years.

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Think Big Computing Ltd Health Check

Pomanda's financial health check has awarded Think Big Computing Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £23.6k, make it smaller than the average company (£1.2m)

£23.6k - Think Big Computing Ltd

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.4%)

-3% - Think Big Computing Ltd

6.4% - Industry AVG

production

Production

with a gross margin of 31.5%, this company has a higher cost of product (55.8%)

31.5% - Think Big Computing Ltd

55.8% - Industry AVG

profitability

Profitability

an operating margin of -60.1% make it less profitable than the average company (3.7%)

-60.1% - Think Big Computing Ltd

3.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (30)

1 - Think Big Computing Ltd

30 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.3k, the company has an equivalent pay structure (£26.3k)

£26.3k - Think Big Computing Ltd

£26.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £23.6k, this is less efficient (£43.5k)

£23.6k - Think Big Computing Ltd

£43.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Think Big Computing Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is slower than average (21 days)

30 days - Think Big Computing Ltd

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Think Big Computing Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Think Big Computing Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 59.5%, this is a higher level of debt than the average (25.1%)

59.5% - Think Big Computing Ltd

25.1% - Industry AVG

THINK BIG COMPUTING LTD financials

EXPORTms excel logo

Think Big Computing Ltd's latest turnover from November 2023 is estimated at £23.6 thousand and the company has net assets of £1.4 thousand. According to their latest financial statements, Think Big Computing Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Turnover23,57483,64429,49625,69948,08812,84511,623
Other Income Or Grants
Cost Of Sales16,15859,90221,93719,24135,2428,8837,764
Gross Profit7,41723,7437,5596,45812,8463,9623,859
Admin Expenses21,58013,695-10,5402,3415,282-2,6186,159
Operating Profit-14,16310,04818,0994,1177,5646,580-2,300
Interest Payable
Interest Receivable
Pre-Tax Profit-14,16310,04818,0994,1177,5646,580-2,300
Tax-1,909-3,439-782-1,437-1,250
Profit After Tax-14,1638,13914,6603,3356,1275,330-2,300
Dividends Paid
Retained Profit-14,1638,13914,6603,3356,1275,330-2,300
Employee Costs26,30025,61110,89311,58812,33522,83221,906
Number Of Employees1111111
EBITDA*-14,16310,04818,9294,8729,8596,580-2,300

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Tangible Assets3,3852,2996072937683,0641,114
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,3852,2996072937683,0641,114
Stock & work in progress
Trade Debtors20,48215,8435,0721,7341,605
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets20,48215,8435,0721,7341,605
total assets3,38522,78116,4505,3657684,7982,719
Bank overdraft
Bank loan
Trade Creditors 1,3325,988383264293
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities683
total current liabilities2,0155,988383264293
loans
hp & lease commitments
Accruals and Deferred Income1,2601211,5041,885
other liabilities9,05610,0002,841
provisions
total long term liabilities1,2609,05610,0001211,5044,726
total liabilities2,0157,2489,05610,0005041,7685,019
net assets1,37015,5337,394-4,6352643,030-2,300
total shareholders funds1,37015,5337,394-4,6352643,030-2,300
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Operating Activities
Operating Profit-14,16310,04818,0994,1177,5646,580-2,300
Depreciation8307552,295
Amortisation
Tax-1,909-3,439-782-1,437-1,250
Stock
Debtors-20,4824,63910,7715,072-1,7341291,605
Creditors-4,6565,988-383119-29293
Accruals and Deferred Income-5771,260-121-1,383-3811,885
Deferred Taxes & Provisions
Cash flow from operations1,08610,7484,719-1,4868,8924,791-1,727
Investing Activities
capital expenditure-1,086-1,692-1,144-2801-1,950-1,114
Change in Investments
cash flow from investments-1,086-1,692-1,144-2801-1,950-1,114
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-9,056-94410,000-2,8412,841
share issue-2,631-8,234-8,893
interest
cash flow from financing-9,056-3,5751,766-8,893-2,8412,841
cash and cash equivalents
cash
overdraft
change in cash

think big computing 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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Think Big Computing Ltd Competitor Analysis

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Perform a competitor analysis for think big computing ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in AL4 area or any other competitors across 12 key performance metrics.

think big computing ltd Ownership

THINK BIG COMPUTING LTD group structure

Think Big Computing Ltd has no subsidiary companies.

Ultimate parent company

THINK BIG COMPUTING LTD

10493042

THINK BIG COMPUTING LTD Shareholders

kevin rackind 100%

think big computing ltd directors

Think Big Computing Ltd currently has 1 director, Mr Kevin Rackind serving since Nov 2016.

officercountryagestartendrole
Mr Kevin RackindEngland56 years Nov 2016- Director

P&L

November 2023

turnover

23.6k

-72%

operating profit

-14.2k

0%

gross margin

31.5%

+10.83%

turnover

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

Balance Sheet

November 2023

net assets

1.4k

-0.91%

total assets

3.4k

-0.85%

cash

0

0%

net assets

Total assets minus all liabilities

think big computing ltd company details

company number

10493042

Type

Private limited with Share Capital

industry

88910 - Child day-care activities

85200 - Primary education

85600 - Educational support activities

incorporation date

November 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

CRISP CONTRACTOR LTD

auditor

-

address

132 st. albans road, sandridge, st. albans, AL4 9LL

Bank

-

Legal Advisor

-

think big computing 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 think big computing ltd.

think big computing 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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think big computing ltd Companies House Filings - See Documents

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