zeus tech solutions limited
zeus tech solutions limited Company Information
Company Number
10506483
Next Accounts
52 days late
Industry
Other business support service activities n.e.c.
Shareholders
spirant group
Group Structure
View All
Contact
Registered Address
riverside house irwell street, salford, lancashire, M3 5EN
zeus tech solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ZEUS TECH SOLUTIONS LIMITED at £1m based on a Turnover of £1.7m and 0.59x industry multiple (adjusted for size and gross margin).
zeus tech solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ZEUS TECH SOLUTIONS LIMITED at £933k based on an EBITDA of £206.9k and a 4.51x industry multiple (adjusted for size and gross margin).
zeus tech solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ZEUS TECH SOLUTIONS LIMITED at £8.7m based on Net Assets of £3.4m and 2.58x industry multiple (adjusted for liquidity).
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Zeus Tech Solutions Limited Overview
Zeus Tech Solutions Limited is a live company located in lancashire, M3 5EN with a Companies House number of 10506483. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2016, it's largest shareholder is spirant group with a 100% stake. Zeus Tech Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with low growth in recent years.
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Zeus Tech Solutions Limited Health Check
Pomanda's financial health check has awarded Zeus Tech Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£3.7m)
- Zeus Tech Solutions Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (2.9%)
- Zeus Tech Solutions Limited
2.9% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
- Zeus Tech Solutions Limited
38.8% - Industry AVG
Profitability
an operating margin of 11% make it more profitable than the average company (6.3%)
- Zeus Tech Solutions Limited
6.3% - Industry AVG
Employees
with 27 employees, this is similar to the industry average (25)
27 - Zeus Tech Solutions Limited
25 - Industry AVG
Pay Structure
on an average salary of £50.4k, the company has an equivalent pay structure (£50.4k)
- Zeus Tech Solutions Limited
£50.4k - Industry AVG
Efficiency
resulting in sales per employee of £64.2k, this is less efficient (£157.3k)
- Zeus Tech Solutions Limited
£157.3k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (44 days)
- Zeus Tech Solutions Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (33 days)
- Zeus Tech Solutions Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Zeus Tech Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (24 weeks)
31 weeks - Zeus Tech Solutions Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.4%, this is a lower level of debt than the average (63.7%)
10.4% - Zeus Tech Solutions Limited
63.7% - Industry AVG
ZEUS TECH SOLUTIONS LIMITED financials
Zeus Tech Solutions Limited's latest turnover from December 2022 is estimated at £1.7 million and the company has net assets of £3.4 million. According to their latest financial statements, Zeus Tech Solutions Limited has 27 employees and maintains cash reserves of £235.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 27 | 22 | 14 | 15 | 20 | 15 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 5,073 | 17,377 | 34,624 | 21,230 | 32,704 | 33,668 |
| Intangible Assets | 0 | 0 | 16,821 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 3,287,303 | 3,545,982 | 2,103,790 | 1,231,322 | 0 | 0 |
| Total Fixed Assets | 3,292,376 | 3,563,359 | 2,155,235 | 1,252,552 | 32,704 | 33,668 |
| Stock & work in progress | 0 | 0 | 19,447 | 0 | 0 | 0 |
| Trade Debtors | 99,086 | 233,706 | 836,680 | 196,006 | 268,587 | 97,656 |
| Group Debtors | 133,920 | 139,021 | 0 | 0 | 0 | 0 |
| Misc Debtors | 15,732 | 24,286 | 146,704 | 7,952 | 617,924 | 189,699 |
| Cash | 235,838 | 248,112 | 206,109 | 215,270 | 258,523 | 174,329 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 484,576 | 645,125 | 1,208,940 | 419,228 | 1,145,034 | 461,684 |
| total assets | 3,776,952 | 4,208,484 | 3,364,175 | 1,671,780 | 1,177,738 | 495,352 |
| Bank overdraft | 176,735 | 321,486 | 149,488 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,192 | 20,155 | 211,461 | 119,440 | 14,787 | 3,137 |
| Group/Directors Accounts | 36,219 | 23,579 | 25,000 | 7,000 | 4,630 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 131,848 | 405,080 | 480,218 | 300,797 | 343,886 | 126,010 |
| total current liabilities | 390,994 | 770,300 | 866,167 | 427,237 | 363,303 | 129,147 |
| loans | 0 | 187,373 | 325,077 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 5,724 | 5,724 | 5,724 | 5,724 |
| total long term liabilities | 0 | 187,373 | 330,801 | 5,724 | 5,724 | 5,724 |
| total liabilities | 390,994 | 957,673 | 1,196,968 | 432,961 | 369,027 | 134,871 |
| net assets | 3,385,958 | 3,250,811 | 2,167,207 | 1,238,819 | 808,711 | 360,481 |
| total shareholders funds | 3,385,958 | 3,250,811 | 2,167,207 | 1,238,819 | 808,711 | 360,481 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 15,930 | 23,627 | 18,940 | 16,896 | 13,847 | 5,188 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | -19,447 | 19,447 | 0 | 0 | 0 |
| Debtors | -406,954 | 855,821 | 1,651,894 | 548,769 | 599,156 | 287,355 |
| Creditors | 26,037 | -191,306 | 92,021 | 104,653 | 11,650 | 3,137 |
| Accruals and Deferred Income | -273,232 | -75,138 | 179,421 | -43,089 | 217,876 | 126,010 |
| Deferred Taxes & Provisions | 0 | -5,724 | 0 | 0 | 0 | 5,724 |
| 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 | 12,640 | -1,421 | 18,000 | 2,370 | 4,630 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -187,373 | -137,704 | 325,077 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -12,274 | 42,003 | -9,161 | -43,253 | 84,194 | 174,329 |
| overdraft | -144,751 | 171,998 | 149,488 | 0 | 0 | 0 |
| change in cash | 132,477 | -129,995 | -158,649 | -43,253 | 84,194 | 174,329 |
zeus tech solutions limited Credit Report and Business Information
Zeus Tech Solutions Limited Competitor Analysis
Perform a competitor analysis for zeus tech solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.
zeus tech solutions limited Ownership
ZEUS TECH SOLUTIONS LIMITED group structure
Zeus Tech Solutions Limited has no subsidiary companies.
zeus tech solutions limited directors
Zeus Tech Solutions Limited currently has 2 directors. The longest serving directors include Mrs Michelle Hughes (Dec 2016) and Mr Simon Gibson (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Michelle Hughes | England | 48 years | Dec 2016 | - | Director |
| Mr Simon Gibson | England | 47 years | Dec 2016 | - | Director |
P&L
December 2022turnover
1.7m
-2%
operating profit
190.9k
0%
gross margin
38.9%
+3.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.4m
+0.04%
total assets
3.8m
-0.1%
cash
235.8k
-0.05%
net assets
Total assets minus all liabilities
Similar Companies
zeus tech solutions limited company details
company number
10506483
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
zeus claims solutions limited (May 2020)
accountant
-
auditor
-
address
riverside house irwell street, salford, lancashire, M3 5EN
Bank
-
Legal Advisor
-
zeus tech solutions 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 found 2 charges/mortgages relating to zeus tech solutions limited. Currently there are 1 open charges and 1 have been satisfied in the past.
zeus tech solutions limited Companies House Filings - See Documents
| date | description | view/download |
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