smartideas group limited

smartideas group limited Company Information

Share SMARTIDEAS GROUP LIMITED
Live 
Young

Company Number

10541024

Industry

Other information technology and computer service activities

 

Directors

Simon Eyre

Neil Hunt

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Shareholders

ha1 management limited

zaki sayed kaiser husein husein

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Group Structure

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Contact

Registered Address

17 plumbers row, unit 4, london, E1 1EQ

smartideas group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SMARTIDEAS GROUP LIMITED at £0 based on a Turnover of £0 and 0.71x industry multiple (adjusted for size and gross margin).

smartideas group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SMARTIDEAS GROUP LIMITED at £0 based on an EBITDA of £-16.9k and a 4.76x industry multiple (adjusted for size and gross margin).

smartideas group limited Estimated Valuation

£10.8k

Pomanda estimates the enterprise value of SMARTIDEAS GROUP LIMITED at £10.8k based on Net Assets of £4.9k and 2.23x industry multiple (adjusted for liquidity).

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Smartideas Group Limited Overview

Smartideas Group Limited is a live company located in london, E1 1EQ with a Companies House number of 10541024. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 2016, it's largest shareholder is ha1 management limited with a 25% stake. Smartideas Group Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Smartideas Group Limited Health Check

Pomanda's financial health check has awarded Smartideas Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 0 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

0 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Smartideas Group Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 112 weeks, this is more cash available to meet short term requirements (14 weeks)

- - Smartideas Group Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.4%, this is a lower level of debt than the average (64.7%)

- - Smartideas Group Limited

- - Industry AVG

SMARTIDEAS GROUP LIMITED financials

EXPORTms excel logo

Smartideas Group Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £4.9 thousand. According to their latest financial statements, we estimate that Smartideas Group Limited has no employees and maintains cash reserves of £9.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover0504,040494,8720000
Other Income Or Grants0000000
Cost Of Sales0241,017234,9820000
Gross Profit0263,023259,8900000
Admin Expenses16,940388,221118,131-17,723760-11,455-6,656
Operating Profit-16,940-125,198141,75917,723-76011,4556,656
Interest Payable0000000
Interest Receivable5712,5311851511612040
Pre-Tax Profit-16,369-122,668141,94317,738-64411,5756,696
Tax00-26,969-3,3700-2,199-1,272
Profit After Tax-16,369-122,668114,97414,368-6449,3765,424
Dividends Paid0000000
Retained Profit-16,369-122,668114,97414,368-6449,3765,424
Employee Costs0211,594269,3220000
Number Of Employees0340000
EBITDA*-16,940-125,198141,75917,723-76011,4556,656

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets0000000
Intangible Assets0000000
Investments & Other0100,200100,200100,200100,200100,200100,200
Debtors (Due After 1 year)0000000
Total Fixed Assets0100,200100,200100,200100,200100,200100,200
Stock & work in progress0000000
Trade Debtors0000000
Group Debtors012,69214,50014,500000
Misc Debtors252525252525100
Cash9,57712,161132,43915,25114,80716,02716,000
misc current assets0000000
total current assets9,60224,878146,96429,77614,83216,05216,100
total assets9,602125,078247,164129,976115,032116,252116,300
Bank overdraft0000000
Bank loan0000000
Trade Creditors 0100,530101,8620000
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities4,4113,3181,404101,052100,476101,052110,476
total current liabilities4,411103,848103,266101,052100,476101,052110,476
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities330000000
provisions0000000
total long term liabilities330000000
total liabilities4,741103,848103,266101,052100,476101,052110,476
net assets4,86121,230143,89828,92414,55615,2005,824
total shareholders funds4,86121,230143,89828,92414,55615,2005,824
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit-16,940-125,198141,75917,723-76011,4556,656
Depreciation0000000
Amortisation0000000
Tax00-26,969-3,3700-2,199-1,272
Stock0000000
Debtors-12,692-1,808014,5000-75100
Creditors-100,530-1,332101,8620000
Accruals and Deferred Income1,0931,914-99,648576-576-9,424110,476
Deferred Taxes & Provisions0000000
Cash flow from operations-103,685-122,808117,004429-1,336-93115,760
Investing Activities
capital expenditure0000000
Change in Investments-100,20000000100,200
cash flow from investments100,20000000-100,200
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities330000000
share issue000000400
interest5712,5311851511612040
cash flow from financing9012,53118515116120440
cash and cash equivalents
cash-2,584-120,278117,188444-1,2202716,000
overdraft0000000
change in cash-2,584-120,278117,188444-1,2202716,000

smartideas group limited 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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Smartideas Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for smartideas group limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other young companies, companies in E 1 area or any other competitors across 12 key performance metrics.

smartideas group limited Ownership

SMARTIDEAS GROUP LIMITED group structure

Smartideas Group Limited has 3 subsidiary companies.

Ultimate parent company

SMARTIDEAS GROUP LIMITED

10541024

3 subsidiaries

SMARTIDEAS GROUP LIMITED Shareholders

ha1 management limited 25%
zaki sayed kaiser husein husein 25%
simon david eyre 25%
neil hunt 25%

smartideas group limited directors

Smartideas Group Limited currently has 4 directors. The longest serving directors include Mr Simon Eyre (Dec 2016) and Mr Neil Hunt (Dec 2016).

officercountryagestartendrole
Mr Simon EyreEngland55 years Dec 2016- Director
Mr Neil HuntEngland56 years Dec 2016- Director
Mr Saadi HussainUnited Kingdom53 years Dec 2016- Director
Mr Zaki HuseinEngland58 years Jan 2019- Director

P&L

December 2023

turnover

0

-100%

operating profit

-16.9k

0%

gross margin

0%

0%

turnover

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

Balance Sheet

December 2023

net assets

4.9k

-0.77%

total assets

9.6k

-0.92%

cash

9.6k

-0.21%

net assets

Total assets minus all liabilities

smartideas group limited company details

company number

10541024

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

December 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

17 plumbers row, unit 4, london, E1 1EQ

Bank

-

Legal Advisor

-

smartideas group 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 smartideas group limited.

smartideas group limited 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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smartideas group limited Companies House Filings - See Documents

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