softestsols ltd
softestsols ltd Company Information
Company Number
10913247
Website
-Registered Address
10 kings road, wroughton, swindon, SN4 9ER
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
harivadan nagaraju 50%
manasa vanam 50%
softestsols ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTESTSOLS LTD at £33k based on a Turnover of £63.6k and 0.52x industry multiple (adjusted for size and gross margin).
softestsols ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTESTSOLS LTD at £0 based on an EBITDA of £-462 and a 3.72x industry multiple (adjusted for size and gross margin).
softestsols ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTESTSOLS LTD at £0 based on Net Assets of £-1.2k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Softestsols Ltd Overview
Softestsols Ltd is a live company located in swindon, SN4 9ER with a Companies House number of 10913247. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in August 2017, it's largest shareholder is harivadan nagaraju with a 50% stake. Softestsols Ltd is a young, micro sized company, Pomanda has estimated its turnover at £63.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Softestsols Ltd Health Check
Pomanda's financial health check has awarded Softestsols Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £63.6k, make it smaller than the average company (£850.5k)
- Softestsols Ltd
£850.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.7%)
- Softestsols Ltd
4.7% - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (47.4%)
- Softestsols Ltd
47.4% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (7.7%)
- Softestsols Ltd
7.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Softestsols Ltd
9 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)
- Softestsols Ltd
£53.1k - Industry AVG
Efficiency
resulting in sales per employee of £31.8k, this is less efficient (£123.7k)
- Softestsols Ltd
£123.7k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is near the average (67 days)
- Softestsols Ltd
67 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (31 days)
- Softestsols Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Softestsols Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Softestsols Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.7%, this is a higher level of debt than the average (57.4%)
108.7% - Softestsols Ltd
57.4% - Industry AVG
SOFTESTSOLS LTD financials
Softestsols Ltd's latest turnover from March 2023 is estimated at £63.6 thousand and the company has net assets of -£1.2 thousand. According to their latest financial statements, Softestsols Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,814 | 17,687 | 48,998 | 40,838 | 29,172 | 21,256 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,814 | 17,687 | 48,998 | 40,838 | 29,172 | 21,256 |
| total assets | 13,814 | 17,687 | 48,998 | 40,838 | 29,172 | 21,256 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 740 | 524 | 16,060 | 14,742 | 12,529 | 9,966 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 740 | 524 | 16,060 | 14,742 | 12,529 | 9,966 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 360 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 13,913 | 17,900 | 17,900 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 14,273 | 17,900 | 17,900 | 0 | 0 | 0 |
| total liabilities | 15,013 | 18,424 | 33,960 | 14,742 | 12,529 | 9,966 |
| net assets | -1,199 | -737 | 15,038 | 26,096 | 16,643 | 11,290 |
| total shareholders funds | -1,199 | -737 | 15,038 | 26,096 | 16,643 | 11,290 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,873 | -31,311 | 8,160 | 11,666 | 7,916 | 21,256 |
| Creditors | 216 | -15,536 | 1,318 | 2,213 | 2,563 | 9,966 |
| Accruals and Deferred Income | 360 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,987 | 0 | 17,900 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
softestsols ltd Credit Report and Business Information
Softestsols Ltd Competitor Analysis
Perform a competitor analysis for softestsols ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SN4 area or any other competitors across 12 key performance metrics.
softestsols ltd Ownership
SOFTESTSOLS LTD group structure
Softestsols Ltd has no subsidiary companies.
Ultimate parent company
SOFTESTSOLS LTD
10913247
softestsols ltd directors
Softestsols Ltd currently has 2 directors. The longest serving directors include Mr Harivadan Nagaraju (Aug 2017) and Ms Manasa Vanam (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harivadan Nagaraju | England | 43 years | Aug 2017 | - | Director |
| Ms Manasa Vanam | England | 38 years | Apr 2018 | - | Director |
P&L
March 2023turnover
63.6k
-6%
operating profit
-462
0%
gross margin
25.3%
-2.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.2k
+0.63%
total assets
13.8k
-0.22%
cash
0
0%
net assets
Total assets minus all liabilities
softestsols ltd company details
company number
10913247
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
10 kings road, wroughton, swindon, SN4 9ER
Bank
-
Legal Advisor
-
softestsols 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 softestsols ltd.
softestsols ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
