smartia ltd
smartia ltd Company Information
Company Number
11160393
Website
www.smartia.techRegistered Address
the innovation centre, bristol and bath science park, bristol, BS16 7FR
Industry
Computer consultancy activities
Telephone
01174030633
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
mauro parreira arruda 21.5%
asim majid 21.5%
View Allsmartia ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTIA LTD at £464.9k based on a Turnover of £685.1k and 0.68x industry multiple (adjusted for size and gross margin).
smartia ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTIA LTD at £0 based on an EBITDA of £-287.7k and a 4.87x industry multiple (adjusted for size and gross margin).
smartia ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTIA LTD at £0 based on Net Assets of £-195k and 2.25x industry multiple (adjusted for liquidity).
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Smartia Ltd Overview
Smartia Ltd is a live company located in bristol, BS16 7FR with a Companies House number of 11160393. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2018, it's largest shareholder is mauro parreira arruda with a 21.5% stake. Smartia Ltd is a young, small sized company, Pomanda has estimated its turnover at £685.1k with declining growth in recent years.
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Smartia Ltd Health Check
Pomanda's financial health check has awarded Smartia 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 £685.1k, make it smaller than the average company (£1.9m)
- Smartia Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (8%)
- Smartia Ltd
8% - Industry AVG
Production
with a gross margin of 45.3%, this company has a comparable cost of product (45.3%)
- Smartia Ltd
45.3% - Industry AVG
Profitability
an operating margin of -43.3% make it less profitable than the average company (6.8%)
- Smartia Ltd
6.8% - Industry AVG
Employees
with 8 employees, this is below the industry average (15)
8 - Smartia Ltd
15 - Industry AVG
Pay Structure
on an average salary of £58.4k, the company has an equivalent pay structure (£58.4k)
- Smartia Ltd
£58.4k - Industry AVG
Efficiency
resulting in sales per employee of £85.6k, this is less efficient (£135.2k)
- Smartia Ltd
£135.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Smartia Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (27 days)
- Smartia Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Smartia Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Smartia Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 336.2%, this is a higher level of debt than the average (56.8%)
336.2% - Smartia Ltd
56.8% - Industry AVG
SMARTIA LTD financials
Smartia Ltd's latest turnover from December 2023 is estimated at £685.1 thousand and the company has net assets of -£195 thousand. According to their latest financial statements, Smartia Ltd has 8 employees and maintains cash reserves of £1.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| 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 | 8 | 13 | 15 | 15 | 10 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 8,682 | 13,572 | 11,530 | 18,310 | 16,439 | 13,576 |
| 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 | 8,682 | 13,572 | 11,530 | 18,310 | 16,439 | 13,576 |
| Stock & work in progress | 0 | 35,878 | 600 | 0 | 0 | 0 |
| Trade Debtors | 0 | 15,183 | 61,216 | 174,113 | 402,497 | 109,844 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 72,153 | 179,949 | 154,275 | 111,939 | 1,055 | 0 |
| Cash | 1,729 | 217,162 | 1,395,666 | 251,659 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 73,882 | 448,172 | 1,611,757 | 537,711 | 403,552 | 109,844 |
| total assets | 82,564 | 461,744 | 1,623,287 | 556,021 | 419,991 | 123,420 |
| Bank overdraft | 4,141 | 9,890 | 9,646 | 5,517 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,100 | 6,380 | 84,237 | 5,159 | 272,213 | 243,644 |
| Group/Directors Accounts | 179,520 | 252,527 | 258,537 | 233,675 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 67,520 | 68,534 | 130,331 | 182,334 | 0 | 0 |
| total current liabilities | 252,281 | 337,331 | 482,751 | 426,685 | 272,213 | 243,644 |
| loans | 25,265 | 24,946 | 34,836 | 44,483 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 724 |
| other liabilities | 0 | 0 | 183,536 | 154,212 | 154,212 | 50,712 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,265 | 24,946 | 218,372 | 198,695 | 154,212 | 51,436 |
| total liabilities | 277,546 | 362,277 | 701,123 | 625,380 | 426,425 | 295,080 |
| net assets | -194,982 | 99,467 | 922,164 | -69,359 | -6,434 | -171,660 |
| total shareholders funds | -194,982 | 99,467 | 922,164 | -69,359 | -6,434 | -171,660 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 8,685 | 9,118 | 8,778 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | -35,878 | 35,278 | 600 | 0 | 0 | 0 |
| Debtors | -122,979 | -20,359 | -70,561 | 176,208 | 293,708 | 109,844 |
| Creditors | -5,280 | -77,857 | 79,078 | -238,485 | 28,569 | 243,644 |
| Accruals and Deferred Income | -1,014 | -61,797 | -52,003 | 181,610 | -724 | 724 |
| 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 | -73,007 | -6,010 | 24,862 | 233,675 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 319 | -9,890 | -9,647 | 44,483 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -183,536 | 29,324 | 103,500 | 103,500 | 50,712 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -215,433 | -1,178,504 | 1,144,007 | 251,659 | 0 | 0 |
| overdraft | -5,749 | 244 | 4,129 | 5,517 | 0 | 0 |
| change in cash | -209,684 | -1,178,748 | 1,139,878 | 246,142 | 0 | 0 |
smartia ltd Credit Report and Business Information
Smartia Ltd Competitor Analysis
Perform a competitor analysis for smartia ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BS16 area or any other competitors across 12 key performance metrics.
smartia ltd Ownership
SMARTIA LTD group structure
Smartia Ltd has no subsidiary companies.
Ultimate parent company
SMARTIA LTD
11160393
smartia ltd directors
Smartia Ltd currently has 3 directors. The longest serving directors include Mr Mauro Arruda (Jul 2018) and Mr Asim Majid (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mauro Arruda | United Kingdom | 47 years | Jul 2018 | - | Director |
| Mr Asim Majid | United Kingdom | 45 years | Jul 2018 | - | Director |
| Mr Mark Ward | United Kingdom | 53 years | Jun 2024 | - | Director |
P&L
December 2023turnover
685.1k
+25%
operating profit
-296.4k
0%
gross margin
45.4%
-1.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-195k
-2.96%
total assets
82.6k
-0.82%
cash
1.7k
-0.99%
net assets
Total assets minus all liabilities
smartia ltd company details
company number
11160393
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
the innovation centre, bristol and bath science park, bristol, BS16 7FR
Bank
-
Legal Advisor
-
smartia 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 smartia ltd.
smartia ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
