platformxit international limited

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platformxit international limited Company Information

Share PLATFORMXIT INTERNATIONAL LIMITED

Company Number

12620716

Shareholders

platform xit danismanlik ve teknoloji yatirimlari anonim sirketi

Group Structure

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Industry

Computer consultancy activities

 +1

Registered Address

106, great portland street 2nd floor, london, united kingdom, W1W 6PF

Website

-

platformxit international limited Estimated Valuation

£167.1k

Pomanda estimates the enterprise value of PLATFORMXIT INTERNATIONAL LIMITED at £167.1k based on a Turnover of £241.3k and 0.69x industry multiple (adjusted for size and gross margin).

platformxit international limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PLATFORMXIT INTERNATIONAL LIMITED at £0 based on an EBITDA of £-592.6k and a 4.38x industry multiple (adjusted for size and gross margin).

platformxit international limited Estimated Valuation

£751.2k

Pomanda estimates the enterprise value of PLATFORMXIT INTERNATIONAL LIMITED at £751.2k based on Net Assets of £325.4k and 2.31x industry multiple (adjusted for liquidity).

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Platformxit International Limited Overview

Platformxit International Limited is a live company located in london, W1W 6PF with a Companies House number of 12620716. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2020, it's largest shareholder is platform xit danismanlik ve teknoloji yatirimlari anonim sirketi with a 100% stake. Platformxit International Limited is a young, micro sized company, Pomanda has estimated its turnover at £241.3k with rapid growth in recent years.

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Platformxit International Limited Health Check

Pomanda's financial health check has awarded Platformxit International Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £241.3k, make it smaller than the average company (£3.8m)

£241.3k - Platformxit International Limited

£3.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 92%, show it is growing at a faster rate (11.2%)

92% - Platformxit International Limited

11.2% - Industry AVG

production

Production

with a gross margin of 58%, this company has a comparable cost of product (58%)

58% - Platformxit International Limited

58% - Industry AVG

profitability

Profitability

an operating margin of -245.5% make it less profitable than the average company (4.6%)

-245.5% - Platformxit International Limited

4.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (30)

2 - Platformxit International Limited

30 - Industry AVG

paystructure

Pay Structure

on an average salary of £68.6k, the company has an equivalent pay structure (£68.6k)

£68.6k - Platformxit International Limited

£68.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.7k, this is equally as efficient (£135.4k)

£120.7k - Platformxit International Limited

£135.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Platformxit International Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 103 days, this is slower than average (34 days)

103 days - Platformxit International Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Platformxit International Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)

1 weeks - Platformxit International Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.3%, this is a lower level of debt than the average (58.9%)

8.3% - Platformxit International Limited

58.9% - Industry AVG

PLATFORMXIT INTERNATIONAL LIMITED financials

EXPORTms excel logo

Platformxit International Limited's latest turnover from December 2024 is estimated at £241.3 thousand and the company has net assets of £325.4 thousand. According to their latest financial statements, Platformxit International Limited has 2 employees and maintains cash reserves of £585 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2024Dec 2023Dec 2022Dec 2021May 2021
Turnover241,333144,107246,28334,18630,168
Other Income Or Grants
Cost Of Sales101,46459,891101,92313,78111,749
Gross Profit139,86984,216144,36120,40518,419
Admin Expenses732,459545,951217,90468,94035,094
Operating Profit-592,590-461,735-73,543-48,535-16,675
Interest Payable
Interest Receivable384147377
Pre-Tax Profit-592,552-461,694-73,496-48,532-16,598
Tax
Profit After Tax-592,552-461,694-73,496-48,532-16,598
Dividends Paid
Retained Profit-592,552-461,694-73,496-48,532-16,598
Employee Costs137,213134,980126,74259,31452,850
Number Of Employees22211
EBITDA*-592,590-461,735-73,543-48,535-16,675

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2024Dec 2023Dec 2022Dec 2021May 2021
Tangible Assets
Intangible Assets
Investments & Other353,194561,580561,580425,80497,909
Debtors (Due After 1 year)
Total Fixed Assets353,194561,580561,580425,80497,909
Stock & work in progress
Trade Debtors8,50042,0006,000
Group Debtors
Misc Debtors1,000432,480862,860564,446204,246
Cash5859396352,045154,749
misc current assets
total current assets1,585441,919905,495572,491358,995
total assets354,7791,003,4991,467,075998,295456,904
Bank overdraft
Bank loan
Trade Creditors 28,85743,52875,2917,7008,567
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities50442,0011,513,7121,039,027464,835
total current liabilities29,36185,5291,589,0031,046,727473,402
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities29,36185,5291,589,0031,046,727473,402
net assets325,418917,970-121,928-48,432-16,498
total shareholders funds325,418917,970-121,928-48,432-16,498
Dec 2024Dec 2023Dec 2022Dec 2021May 2021
Operating Activities
Operating Profit-592,590-461,735-73,543-48,535-16,675
Depreciation
Amortisation
Tax
Stock
Debtors-439,980-463,880334,414570,446204,246
Creditors-14,671-31,76367,5917,7008,567
Accruals and Deferred Income-41,497-1,471,711474,6851,039,027464,835
Deferred Taxes & Provisions
Cash flow from operations-208,778-1,501,329134,319427,746252,481
Investing Activities
capital expenditure
Change in Investments-208,386135,776425,80497,909
cash flow from investments208,386-135,776-425,804-97,909
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,501,592100100
interest384147377
cash flow from financing381,501,63347103177
cash and cash equivalents
cash-354304-1,4102,045154,749
overdraft
change in cash-354304-1,4102,045154,749

platformxit international limited 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 platformxit international limited. Get real-time insights into platformxit international limited's credit score, group structure and payment trends.

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Platformxit International Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for platformxit international limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W1W area or any other competitors across 12 key performance metrics.

platformxit international limited Ownership

PLATFORMXIT INTERNATIONAL LIMITED group structure

Platformxit International Limited has no subsidiary companies.

Ultimate parent company

PLATFORMXIT INTERNATIONAL LIMITED

12620716

PLATFORMXIT INTERNATIONAL LIMITED Shareholders

platform xit danismanlik ve teknoloji yatirimlari anonim sirketi 100%

platformxit international limited directors

Platformxit International Limited currently has 3 directors. The longest serving directors include Mr Tarkan Ersubasi (May 2020) and Mr Tarkan Ersubasi (May 2020).

officercountryagestartendrole
Mr Tarkan ErsubasiUnited Kingdom56 years May 2020- Director
Mr Tarkan ErsubasiEngland56 years May 2020- Director
Mr Deniz GuvenUnited Kingdom45 years Dec 2021- Director

P&L

December 2024

turnover

241.3k

+67%

operating profit

-592.6k

0%

gross margin

58%

-0.83%

turnover

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

Balance Sheet

December 2024

net assets

325.4k

-0.65%

total assets

354.8k

-0.65%

cash

585

-0.38%

net assets

Total assets minus all liabilities

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platformxit international limited company details

company number

12620716

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

62012 - Business and domestic software development

incorporation date

May 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2024

previous names

gate technology ventures limited (April 2022)

date ventures limited (November 2020)

accountant

-

auditor

-

address

106, great portland street 2nd floor, london, united kingdom, W1W 6PF

Bank

-

Legal Advisor

-

platformxit international 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 platformxit international limited.

platformxit international 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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platformxit international limited Companies House Filings - See Documents

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