sither consultancy limited

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sither consultancy limited Company Information

Share SITHER CONSULTANCY LIMITED

Company Number

13919862

Directors

Jigme Sither

Shareholders

jigme sither

tenzin tsetan

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Group Structure

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Industry

Computer consultancy activities

 

Registered Address

320 firecrest court centre park, warrington, WA1 1RG

Website

-

sither consultancy limited Estimated Valuation

£61.5k

Pomanda estimates the enterprise value of SITHER CONSULTANCY LIMITED at £61.5k based on a Turnover of £92.2k and 0.67x industry multiple (adjusted for size and gross margin).

sither consultancy limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SITHER CONSULTANCY LIMITED at £0 based on an EBITDA of £-4.1k and a 4.7x industry multiple (adjusted for size and gross margin).

sither consultancy limited Estimated Valuation

£119.1k

Pomanda estimates the enterprise value of SITHER CONSULTANCY LIMITED at £119.1k based on Net Assets of £52.1k and 2.29x industry multiple (adjusted for liquidity).

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Sither Consultancy Limited Overview

Sither Consultancy Limited is a live company located in warrington, WA1 1RG with a Companies House number of 13919862. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2022, it's largest shareholder is jigme sither with a 83.3% stake. Sither Consultancy Limited is a startup, micro sized company, Pomanda has estimated its turnover at £92.2k with unknown growth in recent years.

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Sither Consultancy Limited Health Check

Pomanda's financial health check has awarded Sither Consultancy Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £92.2k, make it smaller than the average company (£1.3m)

£92.2k - Sither Consultancy Limited

£1.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Sither Consultancy Limited

- - Industry AVG

production

Production

with a gross margin of 45.9%, this company has a comparable cost of product (45.9%)

45.9% - Sither Consultancy Limited

45.9% - Industry AVG

profitability

Profitability

an operating margin of -13.4% make it less profitable than the average company (6.2%)

-13.4% - Sither Consultancy Limited

6.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (11)

1 - Sither Consultancy Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £59k, the company has an equivalent pay structure (£59k)

£59k - Sither Consultancy Limited

£59k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £92.2k, this is less efficient (£129.2k)

£92.2k - Sither Consultancy Limited

£129.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Sither Consultancy Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is close to average (27 days)

29 days - Sither Consultancy Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sither Consultancy Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 276 weeks, this is more cash available to meet short term requirements (17 weeks)

276 weeks - Sither Consultancy Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.7%, this is a lower level of debt than the average (55.8%)

7.7% - Sither Consultancy Limited

55.8% - Industry AVG

SITHER CONSULTANCY LIMITED financials

EXPORTms excel logo

Sither Consultancy Limited's latest turnover from February 2024 is estimated at £92.2 thousand and the company has net assets of £52.1 thousand. According to their latest financial statements, Sither Consultancy Limited has 1 employee and maintains cash reserves of £23.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023
Turnover92,207115,582
Other Income Or Grants
Cost Of Sales49,92759,175
Gross Profit42,28056,407
Admin Expenses54,648-17,541
Operating Profit-12,36873,948
Interest Payable
Interest Receivable2,9881,815
Pre-Tax Profit-9,38075,763
Tax-14,395
Profit After Tax-9,38061,368
Dividends Paid
Retained Profit-9,38061,368
Employee Costs58,98256,599
Number Of Employees11
EBITDA*-4,07973,948

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023
Tangible Assets33,299
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets33,299
Stock & work in progress
Trade Debtors12,480
Group Debtors
Misc Debtors72
Cash23,05090,771
misc current assets
total current assets23,122103,251
total assets56,421103,251
Bank overdraft
Bank loan
Trade Creditors 4,02141,472
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities312311
total current liabilities4,33341,783
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities4,33341,783
net assets52,08861,468
total shareholders funds52,08861,468
Feb 2024Feb 2023
Operating Activities
Operating Profit-12,36873,948
Depreciation8,289
Amortisation
Tax-14,395
Stock
Debtors-12,40812,480
Creditors-37,45141,472
Accruals and Deferred Income1311
Deferred Taxes & Provisions
Cash flow from operations-29,12188,856
Investing Activities
capital expenditure-41,588
Change in Investments
cash flow from investments-41,588
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest2,9881,815
cash flow from financing2,9881,915
cash and cash equivalents
cash-67,72190,771
overdraft
change in cash-67,72190,771

sither consultancy limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sither Consultancy Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sither consultancy limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WA1 area or any other competitors across 12 key performance metrics.

sither consultancy limited Ownership

SITHER CONSULTANCY LIMITED group structure

Sither Consultancy Limited has no subsidiary companies.

Ultimate parent company

SITHER CONSULTANCY LIMITED

13919862

SITHER CONSULTANCY LIMITED Shareholders

jigme sither 83.33%
tenzin tsetan 8.33%
tenzing sangnyi 8.33%

sither consultancy limited directors

Sither Consultancy Limited currently has 1 director, Mr Jigme Sither serving since Feb 2022.

officercountryagestartendrole
Mr Jigme SitherEngland39 years Feb 2022- Director

P&L

February 2024

turnover

92.2k

-20%

operating profit

-12.4k

0%

gross margin

45.9%

-6.04%

turnover

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

Balance Sheet

February 2024

net assets

52.1k

-0.15%

total assets

56.4k

-0.45%

cash

23.1k

-0.75%

net assets

Total assets minus all liabilities

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sither consultancy limited company details

company number

13919862

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

February 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

BROOKSON LIMITED

auditor

-

address

320 firecrest court centre park, warrington, WA1 1RG

Bank

-

Legal Advisor

-

sither consultancy 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 sither consultancy limited.

sither consultancy 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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sither consultancy limited Companies House Filings - See Documents

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