thinksoft global services limited
thinksoft global services limited Company Information
Company Number
FC023196
Next Accounts
3339 days late
Shareholders
-
Group Structure
View All
Industry
Other information technology and computer service activities
+2Registered Address
6a sixth floor prince infocity i, no 283/3 & 283/4 rajiv gandhi sa, chennai-600 096, tamilnadu india
Website
-thinksoft global services limited Estimated Valuation
Pomanda estimates the enterprise value of THINKSOFT GLOBAL SERVICES LIMITED at £34.8m based on a Turnover of £19.9m and 1.75x industry multiple (adjusted for size and gross margin).
thinksoft global services limited Estimated Valuation
Pomanda estimates the enterprise value of THINKSOFT GLOBAL SERVICES LIMITED at £33.9m based on an EBITDA of £4.5m and a 7.6x industry multiple (adjusted for size and gross margin).
thinksoft global services limited Estimated Valuation
Pomanda estimates the enterprise value of THINKSOFT GLOBAL SERVICES LIMITED at £22.3m based on Net Assets of £11.5m and 1.94x industry multiple (adjusted for liquidity).
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Thinksoft Global Services Limited Overview
Thinksoft Global Services Limited is a converted/closed company that was located in chennai-600 096. Founded in March 2001, it's largest shareholder was unknown. The last turnover for Thinksoft Global Services Limited was estimated at £19.9m.
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Thinksoft Global Services Limited Health Check
Pomanda's financial health check has awarded Thinksoft Global Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £19.9m, make it larger than the average company (£3m)
£19.9m - Thinksoft Global Services Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (5.4%)
37% - Thinksoft Global Services Limited
5.4% - Industry AVG
Production
with a gross margin of 62.3%, this company has a comparable cost of product (62.3%)
62.3% - Thinksoft Global Services Limited
62.3% - Industry AVG
Profitability
an operating margin of 19.6% make it more profitable than the average company (8.2%)
19.6% - Thinksoft Global Services Limited
8.2% - Industry AVG
Employees
with 137 employees, this is above the industry average (45)
- Thinksoft Global Services Limited
45 - Industry AVG
Pay Structure
on an average salary of £84.1k, the company has a higher pay structure (£56.7k)
- Thinksoft Global Services Limited
£56.7k - Industry AVG
Efficiency
resulting in sales per employee of £145.5k, this is equally as efficient (£152.5k)
- Thinksoft Global Services Limited
£152.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Thinksoft Global Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Thinksoft Global Services Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is more than average (19 days)
44 days - Thinksoft Global Services Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 90 weeks, this is more cash available to meet short term requirements (23 weeks)
90 weeks - Thinksoft Global Services Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.7%, this is a lower level of debt than the average (64.9%)
24.7% - Thinksoft Global Services Limited
64.9% - Industry AVG
THINKSOFT GLOBAL SERVICES LIMITED financials
Thinksoft Global Services Limited's latest turnover from March 2014 is £19.9 million and the company has net assets of £11.5 million. According to their latest financial statements, we estimate that Thinksoft Global Services Limited has 137 employees and maintains cash reserves of £4.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|
| Turnover | 19,933,085 | 15,962,374 | 12,760,809 | 7,764,610 |
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | 196,000 | 145,538 | 17,471 | 9,164 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 4,113,802 | 2,579,405 | 1,802,083 | 316,797 |
| Tax | -1,187,901 | -685,697 | -693,829 | -104,917 |
| Profit After Tax | 2,925,900 | 1,893,708 | 1,108,253 | 211,880 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 2,925,900 | 1,893,708 | 1,108,253 | 211,880 |
| Employee Costs | 11,515,762 | 9,209,836 | 7,637,935 | 4,848,854 |
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|
| Tangible Assets | 2,811,989 | 3,048,025 | 874,578 | 2,338,356 |
| Intangible Assets | 223,954 | 193,610 | 280,922 | 449,856 |
| Investments & Other | 0 | 0 | 0 | 1,775,834 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,035,943 | 3,241,635 | 1,155,500 | 2,788,211 |
| Stock & work in progress | 923,823 | 5,794 | 6,183 | 0 |
| Trade Debtors | 0 | 0 | 0 | 64,207 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,433,258 | 4,025,218 | 2,296,655 | 2,438,569 |
| Cash | 4,894,760 | 3,772,705 | 3,902,629 | 4,102,028 |
| misc current assets | 941,908 | 1,471,767 | 2,557,321 | 1,656,799 |
| total current assets | 12,193,750 | 9,275,486 | 8,762,789 | 8,261,604 |
| total assets | 15,229,693 | 12,517,121 | 9,918,289 | 11,049,815 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 78,359 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 2,824,360 | 2,811,954 | 2,563,090 | 2,610,611 |
| total current liabilities | 2,824,361 | 2,811,955 | 2,563,091 | 2,688,971 |
| loans | 1,876,664 | 2,229,510 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 596,698 |
| total long term liabilities | 938,332 | 1,114,755 | 0 | 298,349 |
| total liabilities | 3,762,693 | 3,926,710 | 2,563,091 | 2,987,320 |
| net assets | 11,467,000 | 8,590,411 | 7,355,198 | 8,062,495 |
| total shareholders funds | 10,543,176 | 8,590,411 | 7,355,198 | 8,062,495 |
| Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 442,329 | 357,283 | 267,266 | 208,553 |
| Amortisation | 108,697 | 94,926 | 96,915 | 126,038 |
| Tax | -1,187,901 | -685,697 | -693,829 | -104,917 |
| Stock | 918,029 | -389 | 6,183 | 0 |
| Debtors | 1,408,040 | 1,728,563 | -206,121 | 2,502,776 |
| Creditors | 0 | 0 | -78,359 | 78,359 |
| Accruals and Deferred Income | 12,406 | 248,864 | -47,521 | 2,610,611 |
| Deferred Taxes & Provisions | 0 | 0 | -596,698 | 596,698 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | -1,775,834 | 1,775,834 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -352,846 | 2,229,510 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -196,000 | -145,538 | -17,471 | -9,164 |
| cash flow from financing | -1,521,981 | 1,425,477 | -1,833,020 | 7,841,451 |
| cash and cash equivalents | ||||
| cash | 1,122,055 | -129,924 | -199,399 | 4,102,028 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 1,122,055 | -129,924 | -199,399 | 4,102,028 |
thinksoft global services limited Credit Report and Business Information
Thinksoft Global Services Limited Competitor Analysis
Perform a competitor analysis for thinksoft global services limited by selecting its closest rivals, whether from the industry sector, other mid companies, companies in Region Area area or any other competitors across 12 key performance metrics.
thinksoft global services limited Ownership
THINKSOFT GLOBAL SERVICES LIMITED group structure
Thinksoft Global Services Limited has no subsidiary companies.
Ultimate parent company
THINKSOFT GLOBAL SERVICES LIMITED
FC023196
thinksoft global services limited directors
Thinksoft Global Services Limited currently has 10 directors. The longest serving directors include Mr Kumar Kothandaraman (Sep 2008) and Santhanagopalan Rajagopalan (Sep 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kumar Kothandaraman | India | 67 years | Sep 2008 | - | Director |
| Santhanagopalan Rajagopalan | India | 69 years | Sep 2008 | - | Director |
| Mr Rajiv Kuchhal | India | 59 years | Sep 2011 | - | Director |
| Mr Rene Gawron | Germany | 63 years | Dec 2013 | - | Director |
| Mr Ralph Gillessen | England | 55 years | Dec 2013 | - | Director |
| Mr Riccardo Brizzi | India | 62 years | Dec 2013 | - | Director |
| Mr Ulrich Baumer | India | 54 years | Dec 2013 | - | Director |
| Dr Martin Muller | 58 years | Dec 2013 | - | Director | |
| Gireendra Kasmalkar | India | 59 years | Dec 2013 | - | Director |
| Mr David Bellin | 74 years | Jan 2014 | - | Director |
P&L
March 2014turnover
19.9m
+25%
operating profit
3.9m
0%
gross margin
62.3%
+0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2014net assets
11.5m
+0.33%
total assets
15.2m
+0.22%
cash
4.9m
+0.3%
net assets
Total assets minus all liabilities
Similar Companies
thinksoft global services limited company details
company number
FC023196
Type
Other
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
62090 - Other information technology and computer service activities
58290 - Other software publishing
incorporation date
March 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2014
previous names
thinksoft global services private limited (September 2008)
accountant
-
auditor
-
address
6a sixth floor prince infocity i, no 283/3 & 283/4 rajiv gandhi sa, chennai-600 096, tamilnadu india
Bank
-
Legal Advisor
-
thinksoft global services 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 thinksoft global services limited.
thinksoft global services limited Capital Raised & Share Issues BETA
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thinksoft global services limited Companies House Filings - See Documents
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