Other information technology and computer service activities
+1
Registered Address
suite gf5, roxburgh house,, mentmore way, norwich, norfolk, NR14 7XP
Website
-
snap. group (it) ltdEstimated Valuation
£112.4k
Pomanda estimates the enterprise value of SNAP. GROUP (IT) LTD at £112.4k based on a Turnover of £231.6k and 0.49x industry multiple (adjusted for size and gross margin).
snap. group (it) ltdEstimated Valuation
£51.1k
Pomanda estimates the enterprise value of SNAP. GROUP (IT) LTD at £51.1k based on an EBITDA of £15.9k and a 3.21x industry multiple (adjusted for size and gross margin).
snap. group (it) ltdEstimated Valuation
£81.3k
Pomanda estimates the enterprise value of SNAP. GROUP (IT) LTD at £81.3k based on Net Assets of £36.7k and 2.21x industry multiple (adjusted for liquidity).
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Snap. Group (it) LtdOverview
Snap. Group (it) Ltd is a live company located in norwich, NR14 7XP with a Companies House number of 11240340. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2018, it's largest shareholder is
alex harvey
with a 100% stake. Snap. Group (it) Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£231.6k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Snap. Group (It) Ltd a 3 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
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £231.6k, make it smaller than the average company (£4.5m)
£231.6k - Snap. Group (it) Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (9.1%)
46% - Snap. Group (it) Ltd
9.1% - Industry AVG
Production
with a gross margin of 24%, this company has a higher cost of product (46%)
24% - Snap. Group (it) Ltd
46% - Industry AVG
Profitability
an operating margin of 6.9% make it more profitable than the average company (5%)
6.9% - Snap. Group (it) Ltd
5% - Industry AVG
Employees
with 3 employees, this is below the industry average (27)
3 - Snap. Group (it) Ltd
27 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£66.1k)
£66.1k - Snap. Group (it) Ltd
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £77.2k, this is less efficient (£154.5k)
£77.2k - Snap. Group (it) Ltd
£154.5k - Industry AVG
Debtor Days
it gets paid by customers after 117 days, this is later than average (57 days)
117 days - Snap. Group (it) Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (31 days)
72 days - Snap. Group (it) Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Snap. Group (it) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Snap. Group (it) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.1%, this is a similar level of debt than the average (59.2%)
65.1% - Snap. Group (it) Ltd
59.2% - Industry AVG
SNAP. GROUP (IT) LTD financials
EXPORT
Snap. Group (It) Ltd's latest turnover from March 2024 is estimated at £231.6 thousand and the company has net assets of £36.7 thousand. According to their latest financial statements, Snap. Group (It) Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Mar 2019
Turnover
231,570
133,947
90,304
74,676
54,857
31,166
Other Income Or Grants
Cost Of Sales
176,079
99,496
65,826
56,004
40,328
22,986
Gross Profit
55,491
34,451
24,478
18,672
14,529
8,180
Admin Expenses
39,564
8,747
23,725
15,412
11,781
8,179
Operating Profit
15,927
25,704
753
3,260
2,748
1
Interest Payable
Interest Receivable
Pre-Tax Profit
15,927
25,704
753
3,260
2,748
1
Tax
-3,982
-6,426
-143
-619
-522
Profit After Tax
11,945
19,278
610
2,641
2,226
1
Dividends Paid
Retained Profit
11,945
19,278
610
2,641
2,226
1
Employee Costs
198,432
127,815
120,275
112,586
52,778
56,756
Number Of Employees
3
2
2
2
1
1
EBITDA*
15,927
25,704
753
3,260
2,748
1
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Mar 2019
Tangible Assets
29,921
5,098
2,110
1,501
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
29,921
5,098
2,110
1,501
Stock & work in progress
Trade Debtors
74,265
43,003
20,639
14,931
16,006
1
Group Debtors
Misc Debtors
992
305
Cash
misc current assets
total current assets
75,257
43,003
20,944
14,931
16,006
1
total assets
105,178
48,101
23,054
16,432
16,006
1
Bank overdraft
Bank loan
Trade Creditors
34,923
18,496
13,579
7,680
13,779
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
34,923
18,496
13,579
7,680
13,779
loans
hp & lease commitments
Accruals and Deferred Income
10,989
675
3,134
3,884
other liabilities
22,565
4,174
863
provisions
total long term liabilities
33,554
4,849
3,997
3,884
total liabilities
68,477
23,345
17,576
11,564
13,779
net assets
36,701
24,756
5,478
4,868
2,227
1
total shareholders funds
36,701
24,756
5,478
4,868
2,227
1
Mar 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Mar 2019
Operating Activities
Operating Profit
15,927
25,704
753
3,260
2,748
1
Depreciation
Amortisation
Tax
-3,982
-6,426
-143
-619
-522
Stock
Debtors
32,254
22,059
6,013
-1,075
16,005
1
Creditors
16,427
4,917
5,899
-6,099
13,779
Accruals and Deferred Income
10,314
-2,459
-750
3,884
Deferred Taxes & Provisions
Cash flow from operations
6,432
-323
-254
1,501
Investing Activities
capital expenditure
-24,823
-2,988
-609
-1,501
Change in Investments
cash flow from investments
-24,823
-2,988
-609
-1,501
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
18,391
3,311
863
share issue
interest
cash flow from financing
18,391
3,311
863
cash and cash equivalents
cash
overdraft
change in cash
snap. group (it) ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for snap. group (it) ltd. Get real-time insights into snap. group (it) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for snap. group (it) ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NR14 area or any other competitors across 12 key performance metrics.
snap. group (it) ltd Ownership
SNAP. GROUP (IT) LTD group structure
Snap. Group (It) Ltd has no subsidiary companies.
Ultimate parent company
SNAP. GROUP (IT) LTD
11240340
SNAP. GROUP (IT) LTD Shareholders
The sole shareholder of Snap. Group (It) Ltd is Alex Harvey.
alex harvey
100%
snap. group (it) ltd directors
Snap. Group (It) Ltd currently has 1 director, Mr Alex Harvey serving since Mar 2018.
62090 - Other information technology and computer service activities
62020 - Computer consultancy activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
HEATON VENCES
auditor
-
address
suite gf5, roxburgh house,, mentmore way, norwich, norfolk, NR14 7XP
Bank
-
Legal Advisor
-
snap. group (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 snap. group (it) ltd.
snap. group (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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snap. group (it) ltdCompanies House Filings - See Documents
