kyle it techs ltd
kyle it techs ltd Company Information
Company Number
13944961
Website
-Registered Address
13944961 - ch default address, cardiff, CF14 8LH
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Ellie Morvan0 Years
Shareholders
ellie louise morvan 100%
kyle it techs ltd Estimated Valuation
Pomanda estimates the enterprise value of KYLE IT TECHS LTD at £1.5m based on a Turnover of £2.1m and 0.73x industry multiple (adjusted for size and gross margin).
kyle it techs ltd Estimated Valuation
Pomanda estimates the enterprise value of KYLE IT TECHS LTD at £729.4k based on an EBITDA of £143.1k and a 5.1x industry multiple (adjusted for size and gross margin).
kyle it techs ltd Estimated Valuation
Pomanda estimates the enterprise value of KYLE IT TECHS LTD at £0 based on Net Assets of £-64.1k and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kyle It Techs Ltd Overview
Kyle It Techs Ltd is a live company located in cardiff, CF14 8LH with a Companies House number of 13944961. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2022, it's largest shareholder is ellie louise morvan with a 100% stake. Kyle It Techs Ltd is a startup, small sized company, Pomanda has estimated its turnover at £2.1m with unknown growth in recent years.
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Kyle It Techs Ltd Health Check
Pomanda's financial health check has awarded Kyle It Techs Ltd 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
3 Strong
3 Regular
4 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£5.7m)
- Kyle It Techs Ltd
£5.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Kyle It Techs Ltd
- - Industry AVG
Production
with a gross margin of 51.5%, this company has a comparable cost of product (51.5%)
- Kyle It Techs Ltd
51.5% - Industry AVG
Profitability
an operating margin of 6.9% make it more profitable than the average company (3.5%)
- Kyle It Techs Ltd
3.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (40)
3 - Kyle It Techs Ltd
40 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£66.1k)
- Kyle It Techs Ltd
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £691k, this is more efficient (£162.3k)
- Kyle It Techs Ltd
£162.3k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (56 days)
- Kyle It Techs Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 341 days, this is slower than average (36 days)
- Kyle It Techs Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kyle It Techs Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Kyle It Techs Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.3%, this is a higher level of debt than the average (64.3%)
101.3% - Kyle It Techs Ltd
64.3% - Industry AVG
KYLE IT TECHS LTD financials
Kyle It Techs Ltd's latest turnover from February 2023 is estimated at £2.1 million and the company has net assets of -£64.1 thousand. According to their latest financial statements, Kyle It Techs Ltd has 3 employees and maintains cash reserves of £21.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | |
|---|---|
| Tangible Assets | 4,650,000 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 4,650,000 |
| Stock & work in progress | 0 |
| Trade Debtors | 358,696 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 21,558 |
| misc current assets | 0 |
| total current assets | 380,254 |
| total assets | 5,030,254 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 941,842 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 941,842 |
| loans | 4,152,500 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 4,152,500 |
| total liabilities | 5,094,342 |
| net assets | -64,088 |
| total shareholders funds | -64,088 |
| Feb 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 358,696 |
| Creditors | 941,842 |
| 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 | 4,152,500 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 21,558 |
| overdraft | 0 |
| change in cash | 21,558 |
kyle it techs ltd Credit Report and Business Information
Kyle It Techs Ltd Competitor Analysis
Perform a competitor analysis for kyle it techs ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CF14 area or any other competitors across 12 key performance metrics.
kyle it techs ltd Ownership
KYLE IT TECHS LTD group structure
Kyle It Techs Ltd has no subsidiary companies.
Ultimate parent company
KYLE IT TECHS LTD
13944961
kyle it techs ltd directors
Kyle It Techs Ltd currently has 1 director, Miss Ellie Morvan serving since Jan 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Ellie Morvan | 22 years | Jan 2024 | - | Director |
P&L
February 2023turnover
2.1m
0%
operating profit
143.1k
0%
gross margin
51.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-64.1k
0%
total assets
5m
0%
cash
21.6k
0%
net assets
Total assets minus all liabilities
Similar Companies
kyle it techs ltd company details
company number
13944961
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
13944961 - ch default address, cardiff, CF14 8LH
Bank
-
Legal Advisor
-
kyle it techs 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 kyle it techs ltd.
kyle it techs ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
