simtec consult ltd
simtec consult ltd Company Information
Company Number
13710785
Next Accounts
Dec 2025
Shareholders
joseph o'sullivan
andrew brooks
View AllGroup Structure
View All
Industry
Computer consultancy activities
+1Registered Address
illtud house station road, llantwit major, vale of glamorgan, CF61 1ST
Website
simtecconsult.comsimtec consult ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMTEC CONSULT LTD at £170.7k based on a Turnover of £227.9k and 0.75x industry multiple (adjusted for size and gross margin).
simtec consult ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMTEC CONSULT LTD at £18.5k based on an EBITDA of £3.8k and a 4.88x industry multiple (adjusted for size and gross margin).
simtec consult ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMTEC CONSULT LTD at £4k based on Net Assets of £1.7k and 2.33x industry multiple (adjusted for liquidity).
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Simtec Consult Ltd Overview
Simtec Consult Ltd is a live company located in vale of glamorgan, CF61 1ST with a Companies House number of 13710785. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 2021, it's largest shareholder is joseph o'sullivan with a 45% stake. Simtec Consult Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £227.9k with unknown growth in recent years.
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Simtec Consult Ltd Health Check
Pomanda's financial health check has awarded Simtec Consult 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £227.9k, make it smaller than the average company (£2.5m)
- Simtec Consult Ltd
£2.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Simtec Consult Ltd
- - Industry AVG
Production
with a gross margin of 58.1%, this company has a comparable cost of product (58.1%)
- Simtec Consult Ltd
58.1% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (5%)
- Simtec Consult Ltd
5% - Industry AVG
Employees
with 3 employees, this is below the industry average (22)
3 - Simtec Consult Ltd
22 - Industry AVG
Pay Structure
on an average salary of £63.5k, the company has an equivalent pay structure (£63.5k)
- Simtec Consult Ltd
£63.5k - Industry AVG
Efficiency
resulting in sales per employee of £76k, this is less efficient (£124.3k)
- Simtec Consult Ltd
£124.3k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is earlier than average (60 days)
- Simtec Consult Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 136 days, this is slower than average (33 days)
- Simtec Consult Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simtec Consult Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (18 weeks)
22 weeks - Simtec Consult Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.8%, this is a higher level of debt than the average (57.3%)
98.8% - Simtec Consult Ltd
57.3% - Industry AVG
SIMTEC CONSULT LTD financials
Simtec Consult Ltd's latest turnover from March 2024 is estimated at £227.9 thousand and the company has net assets of £1.7 thousand. According to their latest financial statements, Simtec Consult Ltd has 3 employees and maintains cash reserves of £35.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| 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 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Tangible Assets | 2,306 | 1,758 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 2,306 | 1,758 |
| Stock & work in progress | ||
| Trade Debtors | 29,093 | 34,770 |
| Group Debtors | ||
| Misc Debtors | 80,915 | 9,583 |
| Cash | 35,455 | 16,074 |
| misc current assets | ||
| total current assets | 145,463 | 60,427 |
| total assets | 147,769 | 62,185 |
| Bank overdraft | ||
| Bank loan | 4,963 | 5,400 |
| Trade Creditors | 35,600 | 25 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 40,088 | 13,688 |
| total current liabilities | 80,651 | 19,113 |
| loans | 11,886 | 15,383 |
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 53,500 | 27,500 |
| provisions | ||
| total long term liabilities | 65,386 | 42,883 |
| total liabilities | 146,037 | 61,996 |
| net assets | 1,732 | 189 |
| total shareholders funds | 1,732 | 189 |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 963 | 911 |
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 65,655 | 44,353 |
| Creditors | 35,575 | 25 |
| Accruals and Deferred Income | 26,400 | 13,688 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | -437 | 5,400 |
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | -3,497 | 15,383 |
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | 26,000 | 27,500 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 19,381 | 16,074 |
| overdraft | ||
| change in cash | 19,381 | 16,074 |
simtec consult ltd Credit Report and Business Information
Simtec Consult Ltd Competitor Analysis
Perform a competitor analysis for simtec consult ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CF61 area or any other competitors across 12 key performance metrics.
simtec consult ltd Ownership
SIMTEC CONSULT LTD group structure
Simtec Consult Ltd has no subsidiary companies.
Ultimate parent company
SIMTEC CONSULT LTD
13710785
simtec consult ltd directors
Simtec Consult Ltd currently has 3 directors. The longest serving directors include Mr Joseph O'Sullivan (Jan 2022) and Mr Andrew Brooks (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph O'Sullivan | Wales | 39 years | Jan 2022 | - | Director |
| Mr Andrew Brooks | Wales | 40 years | Feb 2022 | - | Director |
| Mr Andrew Weedy | United Kingdom | 44 years | Feb 2023 | - | Director |
P&L
March 2024turnover
227.9k
+9%
operating profit
2.8k
0%
gross margin
58.2%
-2.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.7k
+8.16%
total assets
147.8k
+1.38%
cash
35.5k
+1.21%
net assets
Total assets minus all liabilities
Similar Companies
simtec consult ltd company details
company number
13710785
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62012 - Business and domestic software development
incorporation date
October 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
illtud house station road, llantwit major, vale of glamorgan, CF61 1ST
Bank
-
Legal Advisor
-
simtec consult 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 found 1 charges/mortgages relating to simtec consult ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
simtec consult 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.
Click to start generating capital raising & share issue transactions for SIMTEC CONSULT LTD. This can take several minutes, an email will notify you when this has completed.
simtec consult ltd Companies House Filings - See Documents
| date | description | view/download |
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