neo tech systems limited

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neo tech systems limited Company Information

Share NEO TECH SYSTEMS LIMITED

Company Number

11043347

Shareholders

naveen booshi

aparna manga praveen

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

337 athlon road, wembley, HA0 1EF

neo tech systems limited Estimated Valuation

£154.9k

Pomanda estimates the enterprise value of NEO TECH SYSTEMS LIMITED at £154.9k based on a Turnover of £223.9k and 0.69x industry multiple (adjusted for size and gross margin).

neo tech systems limited Estimated Valuation

£7.1k

Pomanda estimates the enterprise value of NEO TECH SYSTEMS LIMITED at £7.1k based on an EBITDA of £1.5k and a 4.88x industry multiple (adjusted for size and gross margin).

neo tech systems limited Estimated Valuation

£1.4k

Pomanda estimates the enterprise value of NEO TECH SYSTEMS LIMITED at £1.4k based on Net Assets of £617 and 2.29x industry multiple (adjusted for liquidity).

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Neo Tech Systems Limited Overview

Neo Tech Systems Limited is a live company located in wembley, HA0 1EF with a Companies House number of 11043347. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2017, it's largest shareholder is naveen booshi with a 60% stake. Neo Tech Systems Limited is a young, micro sized company, Pomanda has estimated its turnover at £223.9k with unknown growth in recent years.

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Neo Tech Systems Limited Health Check

Pomanda's financial health check has awarded Neo Tech Systems Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £223.9k, make it in line with the average company (£270.6k)

£223.9k - Neo Tech Systems Limited

£270.6k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Neo Tech Systems Limited

- - Industry AVG

production

Production

with a gross margin of 48.9%, this company has a comparable cost of product (48.9%)

48.9% - Neo Tech Systems Limited

48.9% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (7.3%)

0.7% - Neo Tech Systems Limited

7.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Neo Tech Systems Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £48k, the company has an equivalent pay structure (£48k)

£48k - Neo Tech Systems Limited

£48k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £111.9k, this is equally as efficient (£111.9k)

£111.9k - Neo Tech Systems Limited

£111.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Neo Tech Systems Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Neo Tech Systems Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Neo Tech Systems Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (27 weeks)

65 weeks - Neo Tech Systems Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (57.7%)

98.9% - Neo Tech Systems Limited

57.7% - Industry AVG

NEO TECH SYSTEMS LIMITED financials

EXPORTms excel logo

Neo Tech Systems Limited's latest turnover from March 2021 is estimated at £223.9 thousand and the company has net assets of £617. According to their latest financial statements, Neo Tech Systems Limited has 2 employees and maintains cash reserves of £33.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2021Mar 2020Mar 2019
Turnover223,865225,963246,083
Other Income Or Grants
Cost Of Sales114,447108,159117,483
Gross Profit109,418117,804128,600
Admin Expenses107,965122,638122,633
Operating Profit1,453-4,8345,967
Interest Payable915
Interest Receivable171071
Pre-Tax Profit556-4,8246,038
Tax-106-1,147
Profit After Tax450-4,8244,891
Dividends Paid
Retained Profit450-4,8244,891
Employee Costs96,03796,379106,916
Number Of Employees222
EBITDA*1,453-4,8345,967

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2021Mar 2020Mar 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors23,7029,702
Cash33,67063918,919
misc current assets1
total current assets57,37310,34118,919
total assets57,37310,34118,919
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts9392,731
other short term finances
hp & lease commitments
other current liabilities25,81710,17411,297
total current liabilities26,75610,17414,028
loans30,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities30,000
total liabilities56,75610,17414,028
net assets6171674,891
total shareholders funds6171674,891
Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit1,453-4,8345,967
Depreciation
Amortisation
Tax-106-1,147
Stock
Debtors14,0009,702
Creditors
Accruals and Deferred Income15,643-1,12311,297
Deferred Taxes & Provisions
Cash flow from operations2,990-15,65916,117
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts939-2,7312,731
Other Short Term Loans
Long term loans30,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-8981071
cash flow from financing30,041-2,6212,802
cash and cash equivalents
cash33,031-18,28018,919
overdraft
change in cash33,031-18,28018,919

neo tech systems 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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Neo Tech Systems Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for neo tech systems limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HA0 area or any other competitors across 12 key performance metrics.

neo tech systems limited Ownership

NEO TECH SYSTEMS LIMITED group structure

Neo Tech Systems Limited has no subsidiary companies.

Ultimate parent company

NEO TECH SYSTEMS LIMITED

11043347

NEO TECH SYSTEMS LIMITED Shareholders

naveen booshi 60%
aparna manga praveen 40%

neo tech systems limited directors

Neo Tech Systems Limited currently has 2 directors. The longest serving directors include Mr Naveen Booshi (Nov 2017) and Ms Aparna Manga Praveen (Apr 2018).

officercountryagestartendrole
Mr Naveen BooshiEngland51 years Nov 2017- Director
Ms Aparna Manga PraveenUnited Kingdom45 years Apr 2018- Director

P&L

March 2021

turnover

223.9k

-1%

operating profit

1.5k

0%

gross margin

48.9%

-6.25%

turnover

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

Balance Sheet

March 2021

net assets

617

+2.69%

total assets

57.4k

+4.55%

cash

33.7k

+51.69%

net assets

Total assets minus all liabilities

neo tech systems limited company details

company number

11043347

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2021

previous names

N/A

accountant

GLOBAL ACCOUNTANTS LTD

auditor

-

address

337 athlon road, wembley, HA0 1EF

Bank

-

Legal Advisor

-

neo tech systems 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 neo tech systems limited.

neo tech systems 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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neo tech systems limited Companies House Filings - See Documents

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