SUMA SOFTWARE SOLUTIONS LIMITED

Executive Summary

SUMA SOFTWARE SOLUTIONS LIMITED is a small, emerging player in the UK IT consultancy sector, showing promising financial recovery and increased liquidity in its early years. While benefiting from sectoral tailwinds such as digital transformation, its small scale and limited market presence mean it is currently a niche player needing to expand capabilities and client base to compete effectively against larger consultancies. The company’s recent growth in net assets and workforce suggests a positive trajectory within a highly dynamic and competitive market environment.

SUMA SOFTWARE SOLUTIONS LIMITED - Analysis Report

Company Number: 13125438

Analysis Date: 2025-07-20 11:52 UTC

1. Industry Classification
   SUMA SOFTWARE SOLUTIONS LIMITED operates within the SIC code 62020 – Information technology consultancy activities. This sector encompasses companies providing IT advisory services, including systems integration, software development consultancy, and IT strategy planning. Characteristics of this sector include rapid technological change, reliance on skilled human capital, project-based revenue models, and intense competition from both large IT consultancies and agile niche firms.

2. Relative Performance
   The company, incorporated in 2021, is classified as a small private limited entity under the UK Companies Act, meeting small company criteria (turnover and balance sheet below thresholds). Financially, SUMA SOFTWARE SOLUTIONS LIMITED shows a positive turnaround in the latest financial year ending January 2024, with net current assets of £12,075 and net assets of the same amount, reversing prior years’ deficits (net liabilities of £2,771 in 2023 and £1,249 in 2021). Cash reserves increased substantially to £32,021 from £7,220, indicating improved liquidity. The firm employs on average 4 staff, which is typical for small IT consultancies focusing on bespoke projects or niche IT services. However, absolute financial scale remains small relative to larger industry players, and no turnover or profit figures were disclosed, limiting deeper profitability benchmarking.

3. Sector Trends Impact
   The IT consultancy sector is currently shaped by accelerating digital transformation initiatives, increased cloud adoption, cybersecurity demands, and AI integration. Small firms like SUMA SOFTWARE SOLUTIONS can capitalize on these trends by offering specialized, flexible, and cost-effective consulting. However, they face challenges from rapid technological shifts requiring ongoing skills development, competitive pressure from larger multinational consultancies with broader service portfolios, and client demand for proven delivery track records. The company’s growth in working capital and staff count suggests it is positioning to capture niche project opportunities amid these trends.

4. Competitive Positioning
   Strengths of SUMA SOFTWARE SOLUTIONS LIMITED include a positive financial turnaround, increased liquidity, and a stable shareholder structure with clear control. The company’s location in Leeds situates it within a growing regional tech hub outside London, possibly benefiting from local SME digitalisation demand. However, weaknesses include its very small scale, limited publicly available financial data, and absence of audit which constrains external validation of performance. Compared to typical small IT consultancies, this firm appears to be in early growth phase, with potential but still limited market footprint. The departure of a founding director in 2022 and current reliance on a single active director could pose governance and operational risks.