bt iot networks limited
bt iot networks limited Company Information
Company Number
02329342
Website
https://www.transcomm.uk.comRegistered Address
1 braham street, london, E1 8EE
Industry
Other information technology and computer service activities
Telephone
08000232023
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
british telecommunications plc 100%
bt iot networks limited Estimated Valuation
Pomanda estimates the enterprise value of BT IOT NETWORKS LIMITED at £1.8m based on a Turnover of £2.3m and 0.77x industry multiple (adjusted for size and gross margin).
bt iot networks limited Estimated Valuation
Pomanda estimates the enterprise value of BT IOT NETWORKS LIMITED at £6.9m based on an EBITDA of £1.3m and a 5.35x industry multiple (adjusted for size and gross margin).
bt iot networks limited Estimated Valuation
Pomanda estimates the enterprise value of BT IOT NETWORKS LIMITED at £64.1m based on Net Assets of £27.8m and 2.3x industry multiple (adjusted for liquidity).
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Bt Iot Networks Limited Overview
Bt Iot Networks Limited is a live company located in london, E1 8EE with a Companies House number of 02329342. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 1988, it's largest shareholder is british telecommunications plc with a 100% stake. Bt Iot Networks Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.
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Bt Iot Networks Limited Health Check
Pomanda's financial health check has awarded Bt Iot Networks Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
3 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£5.9m)
£2.3m - Bt Iot Networks Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (6.3%)
-10% - Bt Iot Networks Limited
6.3% - Industry AVG
Production
with a gross margin of 56.1%, this company has a comparable cost of product (49.2%)
56.1% - Bt Iot Networks Limited
49.2% - Industry AVG
Profitability
an operating margin of 56.1% make it more profitable than the average company (3.5%)
56.1% - Bt Iot Networks Limited
3.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (40)
- Bt Iot Networks Limited
40 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Bt Iot Networks Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £286.1k, this is more efficient (£160.3k)
- Bt Iot Networks Limited
£160.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Bt Iot Networks Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Bt Iot Networks Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bt Iot Networks Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bt Iot Networks Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.5%, this is a lower level of debt than the average (63.9%)
3.5% - Bt Iot Networks Limited
63.9% - Industry AVG
BT IOT NETWORKS LIMITED financials
Bt Iot Networks Limited's latest turnover from March 2023 is £2.3 million and the company has net assets of £27.8 million. According to their latest financial statements, we estimate that Bt Iot Networks Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,289,000 | 2,810,000 | 3,898,000 | 3,129,000 | 3,377,000 | 2,160,000 | 1,504,000 | 1,284,000 | 992,000 | 1,115,000 | 660,000 | 2,591,000 | 4,278,000 | 5,577,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,004,000 | 1,128,000 | 1,447,000 | 1,494,000 | 1,029,000 | 1,178,000 | 668,000 | 1,003,000 | 781,000 | 166,000 | 23,000 | 817,000 | 1,232,000 | 1,407,000 |
| Gross Profit | 1,285,000 | 1,682,000 | 2,451,000 | 1,635,000 | 2,348,000 | 982,000 | 836,000 | 281,000 | 211,000 | 949,000 | 637,000 | 1,774,000 | 3,046,000 | 4,170,000 |
| Admin Expenses | 0 | 27,000 | 33,000 | 43,000 | 12,000 | -165,000 | -152,000 | 623,000 | 69,000 | 45,000 | 271,000 | 834,000 | 1,744,000 | 3,000,000 |
| Operating Profit | 1,285,000 | 1,655,000 | 2,418,000 | 1,592,000 | 2,336,000 | 1,147,000 | 988,000 | -342,000 | 142,000 | 904,000 | 366,000 | 940,000 | 1,302,000 | 1,170,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 |
| Interest Receivable | 613,000 | 117,000 | 128,000 | 174,000 | 159,000 | 103,000 | 123,000 | 153,000 | 135,000 | 140,000 | 190,000 | 348,000 | 343,000 | 145,000 |
| Pre-Tax Profit | 1,898,000 | 1,772,000 | 2,546,000 | 1,766,000 | 2,495,000 | 1,250,000 | 1,111,000 | -189,000 | 277,000 | 1,044,000 | 556,000 | 1,288,000 | 1,645,000 | 1,295,000 |
| Tax | -853,000 | 738,000 | 622,000 | -110,000 | -233,000 | -208,000 | -465,000 | 38,000 | 30,000 | -521,000 | 521,000 | 255,000 | 73,000 | 472,000 |
| Profit After Tax | 1,045,000 | 2,510,000 | 3,168,000 | 1,656,000 | 2,262,000 | 1,042,000 | 646,000 | -151,000 | 307,000 | 523,000 | 1,077,000 | 1,543,000 | 1,718,000 | 1,767,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,045,000 | 2,510,000 | 3,168,000 | 1,656,000 | 2,262,000 | 1,042,000 | 646,000 | -151,000 | 307,000 | 523,000 | 1,077,000 | 1,543,000 | 1,718,000 | 1,767,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 1,285,000 | 1,655,000 | 2,418,000 | 1,592,000 | 2,336,000 | 1,147,000 | 988,000 | -342,000 | 142,000 | 904,000 | 366,000 | 973,000 | 1,368,000 | 2,018,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,764,000 | 4,470,000 | 1,497,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,000 | 99,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,382,000 | 2,235,000 | 1,497,000 | 851,000 | 928,000 | 1,131,000 | 1,379,000 | 1,979,000 | 2,413,000 | 2,942,000 | 3,430,000 | 2,863,000 | 3,039,000 | 3,357,000 |
| Total Fixed Assets | 1,382,000 | 2,235,000 | 1,497,000 | 851,000 | 928,000 | 1,131,000 | 1,379,000 | 1,979,000 | 2,413,000 | 2,942,000 | 3,430,000 | 2,863,000 | 3,072,000 | 3,456,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,000 | 480,000 | 868,000 |
| Group Debtors | 27,436,000 | 25,689,000 | 24,258,000 | 22,733,000 | 19,429,000 | 17,154,000 | 14,864,000 | 15,167,000 | 13,976,000 | 12,895,000 | 11,928,000 | 11,368,000 | 14,798,000 | 12,771,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 62,000 | 40,000 | 136,000 | 472,000 | 559,000 | 48,000 | 12,000 | 421,000 | 273,000 | 233,000 |
| Cash | 0 | 0 | 0 | 116,000 | 116,000 | 116,000 | 116,000 | 285,000 | 277,000 | 263,000 | 0 | 97,000 | 100,000 | 675,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,436,000 | 25,689,000 | 24,258,000 | 22,849,000 | 19,607,000 | 17,310,000 | 15,116,000 | 15,924,000 | 14,812,000 | 13,206,000 | 11,940,000 | 11,962,000 | 15,651,000 | 14,565,000 |
| total assets | 28,818,000 | 27,924,000 | 25,755,000 | 23,700,000 | 20,535,000 | 18,441,000 | 16,495,000 | 17,903,000 | 17,225,000 | 16,148,000 | 15,370,000 | 14,825,000 | 18,723,000 | 18,021,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 460,000 | 455,000 | 449,000 | 155,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 174,000 | 331,000 | 326,000 | 313,000 | 307,000 | 480,000 | 129,000 | 505,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 2,564,000 | 1,054,000 | 1,248,000 | 166,000 | 1,611,000 | 788,000 | 0 | 30,000 | 0 | 5,046,000 | 5,552,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,004,000 | 1,155,000 | 1,496,000 | 45,000 | 42,000 | 12,000 | 12,000 | 0 | 0 | 33,000 | 46,000 | 412,000 | 752,000 | 932,000 |
| total current liabilities | 1,004,000 | 1,155,000 | 1,496,000 | 2,609,000 | 1,096,000 | 1,260,000 | 352,000 | 2,402,000 | 1,569,000 | 795,000 | 538,000 | 892,000 | 5,927,000 | 6,989,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 4,000 | 8,000 | 12,000 | 16,000 | 20,000 | 24,000 | 26,000 | 204,000 | 610,000 | 564,000 |
| total long term liabilities | 0 | 0 | 0 | 0 | 4,000 | 8,000 | 12,000 | 16,000 | 20,000 | 24,000 | 26,000 | 204,000 | 610,000 | 564,000 |
| total liabilities | 1,004,000 | 1,155,000 | 1,496,000 | 2,609,000 | 1,100,000 | 1,268,000 | 364,000 | 2,418,000 | 1,589,000 | 819,000 | 564,000 | 1,096,000 | 6,537,000 | 7,553,000 |
| net assets | 27,814,000 | 26,769,000 | 24,259,000 | 21,091,000 | 19,435,000 | 17,173,000 | 16,131,000 | 15,485,000 | 15,636,000 | 15,329,000 | 14,806,000 | 13,729,000 | 12,186,000 | 10,468,000 |
| total shareholders funds | 27,814,000 | 26,769,000 | 24,259,000 | 21,091,000 | 19,435,000 | 17,173,000 | 16,131,000 | 15,485,000 | 15,636,000 | 15,329,000 | 14,806,000 | 13,729,000 | 12,186,000 | 10,468,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,285,000 | 1,655,000 | 2,418,000 | 1,592,000 | 2,336,000 | 1,147,000 | 988,000 | -342,000 | 142,000 | 904,000 | 366,000 | 940,000 | 1,302,000 | 1,170,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,000 | 66,000 | 848,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -853,000 | 738,000 | 622,000 | -110,000 | -233,000 | -208,000 | -465,000 | 38,000 | 30,000 | -521,000 | 521,000 | 255,000 | 73,000 | 472,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,000 | 18,000 |
| Debtors | 894,000 | 2,169,000 | 2,171,000 | 3,165,000 | 2,094,000 | 1,946,000 | -1,239,000 | 670,000 | 1,063,000 | 515,000 | 642,000 | -3,862,000 | 1,361,000 | 17,229,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -174,000 | -157,000 | 5,000 | 13,000 | 6,000 | -173,000 | 351,000 | -376,000 | 505,000 |
| Accruals and Deferred Income | -151,000 | -341,000 | 1,451,000 | 3,000 | 30,000 | 0 | 12,000 | 0 | -33,000 | -13,000 | -366,000 | -340,000 | -180,000 | 932,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -4,000 | -4,000 | -4,000 | -4,000 | -4,000 | -4,000 | -2,000 | -178,000 | -406,000 | 46,000 | 564,000 |
| Cash flow from operations | -613,000 | -117,000 | 2,320,000 | -1,684,000 | 35,000 | -1,185,000 | 1,613,000 | -973,000 | -915,000 | -141,000 | -472,000 | 4,695,000 | -412,000 | -12,756,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -2,564,000 | 1,510,000 | -194,000 | 1,082,000 | -1,445,000 | 823,000 | 788,000 | -30,000 | 30,000 | -5,046,000 | -506,000 | 5,552,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 613,000 | 117,000 | 128,000 | 174,000 | 159,000 | 103,000 | 123,000 | 153,000 | 135,000 | 140,000 | 190,000 | 348,000 | 343,000 | 125,000 |
| cash flow from financing | 613,000 | 117,000 | -2,436,000 | 1,684,000 | -35,000 | 1,185,000 | -1,322,000 | 976,000 | 923,000 | 110,000 | 220,000 | -4,698,000 | -163,000 | 14,378,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | -116,000 | 0 | 0 | 0 | -169,000 | 8,000 | 14,000 | 263,000 | -97,000 | -3,000 | -575,000 | 675,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -460,000 | 5,000 | 6,000 | 294,000 | 155,000 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -116,000 | 0 | 0 | 0 | 291,000 | 3,000 | 8,000 | -31,000 | -252,000 | -3,000 | -575,000 | 675,000 |
bt iot networks limited Credit Report and Business Information
Bt Iot Networks Limited Competitor Analysis
Perform a competitor analysis for bt iot networks limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in E 1 area or any other competitors across 12 key performance metrics.
bt iot networks limited Ownership
BT IOT NETWORKS LIMITED group structure
Bt Iot Networks Limited has no subsidiary companies.
Ultimate parent company
2 parents
BT IOT NETWORKS LIMITED
02329342
bt iot networks limited directors
Bt Iot Networks Limited currently has 2 directors. The longest serving directors include Mr Alastair Maitland-Tong (Jun 2018) and Mr Christopher Wides (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alastair Maitland-Tong | United Kingdom | 42 years | Jun 2018 | - | Director |
| Mr Christopher Wides | United Kingdom | 43 years | Jun 2018 | - | Director |
P&L
March 2023turnover
2.3m
-19%
operating profit
1.3m
-22%
gross margin
56.2%
-6.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
27.8m
+0.04%
total assets
28.8m
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
bt iot networks limited company details
company number
02329342
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
December 1988
age
36
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
transcomm uk limited (June 2018)
ram mobile data limited (March 2001)
accountant
-
auditor
-
address
1 braham street, london, E1 8EE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
bt iot networks 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 found 13 charges/mortgages relating to bt iot networks limited. Currently there are 0 open charges and 13 have been satisfied in the past.
bt iot networks limited Companies House Filings - See Documents
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