triple x&s it solutions ltd
triple x&s it solutions ltd Company Information
Company Number
11583137
Next Accounts
Dec 2024
Industry
Computer consultancy activities
Shareholders
nahim iqbal
Group Structure
View All
Contact
Registered Address
33 bernard street, walsall, WS1 2LE
Website
-triple x&s it solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TRIPLE X&S IT SOLUTIONS LTD at £51.6k based on a Turnover of £69.9k and 0.74x industry multiple (adjusted for size and gross margin).
triple x&s it solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TRIPLE X&S IT SOLUTIONS LTD at £752 based on an EBITDA of £140 and a 5.34x industry multiple (adjusted for size and gross margin).
triple x&s it solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TRIPLE X&S IT SOLUTIONS LTD at £2 based on Net Assets of £1 and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Triple X&s It Solutions Ltd Overview
Triple X&s It Solutions Ltd is a dissolved company that was located in walsall, WS1 2LE with a Companies House number of 11583137. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in September 2018, it's largest shareholder was nahim iqbal with a 100% stake. The last turnover for Triple X&s It Solutions Ltd was estimated at £69.9k.
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Triple X&s It Solutions Ltd Health Check
Pomanda's financial health check has awarded Triple X&S It Solutions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £69.9k, make it smaller than the average company (£164.6k)
- Triple X&s It Solutions Ltd
£164.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Triple X&s It Solutions Ltd
- - Industry AVG
Production
with a gross margin of 53.5%, this company has a comparable cost of product (53.5%)
- Triple X&s It Solutions Ltd
53.5% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (9.1%)
- Triple X&s It Solutions Ltd
9.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Triple X&s It Solutions Ltd
14 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
- Triple X&s It Solutions Ltd
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £69.9k, this is less efficient (£120.8k)
- Triple X&s It Solutions Ltd
£120.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Triple X&s It Solutions Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 152 days, this is slower than average (33 days)
- Triple X&s It Solutions Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Triple X&s It Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (25 weeks)
47 weeks - Triple X&s It Solutions Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (57.3%)
100% - Triple X&s It Solutions Ltd
57.3% - Industry AVG
TRIPLE X&S IT SOLUTIONS LTD financials
Triple X&S It Solutions Ltd's latest turnover from March 2019 is estimated at £69.9 thousand and the company has net assets of £1. According to their latest financial statements, we estimate that Triple X&S It Solutions Ltd has 1 employee and maintains cash reserves of £12.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | |
|---|---|
| Tangible Assets | 1,062 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 1,062 |
| Stock & work in progress | 0 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 12,548 |
| misc current assets | 0 |
| total current assets | 12,548 |
| total assets | 13,610 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 13,609 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 13,609 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 13,609 |
| net assets | 1 |
| total shareholders funds | 1 |
| Mar 2019 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 188 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 0 |
| Creditors | 13,609 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 12,548 |
| overdraft | 0 |
| change in cash | 12,548 |
triple x&s it solutions ltd Credit Report and Business Information
Triple X&s It Solutions Ltd Competitor Analysis
Perform a competitor analysis for triple x&s it solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in WS1 area or any other competitors across 12 key performance metrics.
triple x&s it solutions ltd Ownership
TRIPLE X&S IT SOLUTIONS LTD group structure
Triple X&S It Solutions Ltd has no subsidiary companies.
Ultimate parent company
TRIPLE X&S IT SOLUTIONS LTD
11583137
triple x&s it solutions ltd directors
Triple X&S It Solutions Ltd currently has 2 directors. The longest serving directors include Mr Nahim Iqbal (Sep 2018) and Mrs Abedah Salmah (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nahim Iqbal | United Kingdom | 56 years | Sep 2018 | - | Director |
| Mrs Abedah Salmah | United Kingdom | 49 years | Apr 2019 | - | Director |
P&L
March 2019turnover
69.9k
0%
operating profit
-47.1
0%
gross margin
53.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
1
0%
total assets
13.6k
0%
cash
12.5k
0%
net assets
Total assets minus all liabilities
Similar Companies
triple x&s it solutions ltd company details
company number
11583137
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
September 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2019
previous names
N/A
accountant
-
auditor
-
address
33 bernard street, walsall, WS1 2LE
Bank
-
Legal Advisor
-
triple x&s it solutions 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 triple x&s it solutions ltd.
triple x&s it solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
