commstec-it ltd
commstec-it ltd Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
alison business centre, 39-40 alison crescent, sheffield, S2 1AS
Website
www.commstec.comcommstec-it ltd Estimated Valuation
Pomanda estimates the enterprise value of COMMSTEC-IT LTD at £37.3k based on a Turnover of £69.1k and 0.54x industry multiple (adjusted for size and gross margin).
commstec-it ltd Estimated Valuation
Pomanda estimates the enterprise value of COMMSTEC-IT LTD at £0 based on an EBITDA of £-12.4k and a 3.96x industry multiple (adjusted for size and gross margin).
commstec-it ltd Estimated Valuation
Pomanda estimates the enterprise value of COMMSTEC-IT LTD at £84.9k based on Net Assets of £39.8k and 2.13x industry multiple (adjusted for liquidity).
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Commstec-it Ltd Overview
Commstec-it Ltd is a live company located in sheffield, S2 1AS with a Companies House number of 10871613. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2017, it's largest shareholder is marc walker with a 100% stake. Commstec-it Ltd is a young, micro sized company, Pomanda has estimated its turnover at £69.1k with declining growth in recent years.
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Commstec-it Ltd Health Check
Pomanda's financial health check has awarded Commstec-It Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £69.1k, make it smaller than the average company (£4.3m)
- Commstec-it Ltd
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -46%, show it is growing at a slower rate (9.4%)
- Commstec-it Ltd
9.4% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
- Commstec-it Ltd
37.9% - Industry AVG
Profitability
an operating margin of -18.8% make it less profitable than the average company (5.5%)
- Commstec-it Ltd
5.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Commstec-it Ltd
25 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)
- Commstec-it Ltd
£51.1k - Industry AVG
Efficiency
resulting in sales per employee of £69.1k, this is less efficient (£157.9k)
- Commstec-it Ltd
£157.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (37 days)
- Commstec-it Ltd
37 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Commstec-it Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Commstec-it Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 528 weeks, this is more cash available to meet short term requirements (24 weeks)
528 weeks - Commstec-it Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.1%, this is a lower level of debt than the average (59.9%)
10.1% - Commstec-it Ltd
59.9% - Industry AVG
COMMSTEC-IT LTD financials
Commstec-It Ltd's latest turnover from July 2024 is estimated at £69.1 thousand and the company has net assets of £39.8 thousand. According to their latest financial statements, Commstec-It Ltd has 1 employee and maintains cash reserves of £42.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,455 | 2,061 | 421 | 124 | 439 | 753 | |
| Intangible Assets | |||||||
| Investments & Other | 1,000 | 1,000 | 1,000 | 1,000 | |||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 1,455 | 2,061 | 421 | 1,000 | 1,124 | 1,439 | 1,753 |
| Stock & work in progress | |||||||
| Trade Debtors | 127 | 1,946 | 2,017 | 102,695 | 82,091 | 59,540 | 53,933 |
| Group Debtors | |||||||
| Misc Debtors | 29 | 1,000 | |||||
| Cash | 42,694 | 51,235 | 111,549 | ||||
| misc current assets | |||||||
| total current assets | 42,821 | 53,210 | 114,566 | 102,695 | 82,091 | 59,540 | 53,933 |
| total assets | 44,276 | 55,271 | 114,987 | 103,695 | 83,215 | 60,979 | 55,686 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 21,678 | 21,549 | 18,131 | 19,140 | |||
| Group/Directors Accounts | 189 | ||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 4,012 | 4,965 | 18,892 | ||||
| total current liabilities | 4,201 | 4,965 | 18,892 | 21,678 | 21,549 | 18,131 | 19,140 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 277 | ||||||
| total long term liabilities | 277 | ||||||
| total liabilities | 4,478 | 4,965 | 18,892 | 21,678 | 21,549 | 18,131 | 19,140 |
| net assets | 39,798 | 50,306 | 96,095 | 82,017 | 61,666 | 42,848 | 36,546 |
| total shareholders funds | 39,798 | 50,306 | 96,095 | 82,017 | 61,666 | 42,848 | 36,546 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 606 | 1,096 | |||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -1,848 | -1,042 | -99,678 | 20,604 | 22,551 | 5,607 | 53,933 |
| Creditors | -21,678 | 129 | 3,418 | -1,009 | 19,140 | ||
| Accruals and Deferred Income | -953 | -13,927 | 18,892 | ||||
| Deferred Taxes & Provisions | 277 | ||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -1,000 | 1,000 | |||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 189 | ||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -8,541 | -60,314 | 111,549 | ||||
| overdraft | |||||||
| change in cash | -8,541 | -60,314 | 111,549 |
commstec-it ltd Credit Report and Business Information
Commstec-it Ltd Competitor Analysis
Perform a competitor analysis for commstec-it ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in S 2 area or any other competitors across 12 key performance metrics.
commstec-it ltd Ownership
COMMSTEC-IT LTD group structure
Commstec-It Ltd has no subsidiary companies.
Ultimate parent company
COMMSTEC-IT LTD
10871613
commstec-it ltd directors
Commstec-It Ltd currently has 1 director, Mr Marc Walker serving since Jul 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Walker | England | 45 years | Jul 2017 | - | Director |
P&L
July 2024turnover
69.1k
-9%
operating profit
-13k
0%
gross margin
37.9%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
39.8k
-0.21%
total assets
44.3k
-0.2%
cash
42.7k
-0.17%
net assets
Total assets minus all liabilities
commstec-it ltd company details
company number
10871613
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
-
address
alison business centre, 39-40 alison crescent, sheffield, S2 1AS
Bank
-
Legal Advisor
-
commstec-it 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 commstec-it ltd.
commstec-it 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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commstec-it ltd Companies House Filings - See Documents
| date | description | view/download |
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