adaptic limited
adaptic limited Company Information
Company Number
02347574
Next Accounts
Dec 2025
Shareholders
mr stephen william barfoot
mrs julie laraine barfoot
Group Structure
View All
Industry
Computer consultancy activities
+1Registered Address
1 regency court, dunstable, beds, LU6 3SL
Website
www.adaptic.co.ukadaptic limited Estimated Valuation
Pomanda estimates the enterprise value of ADAPTIC LIMITED at £84.4k based on a Turnover of £144.3k and 0.58x industry multiple (adjusted for size and gross margin).
adaptic limited Estimated Valuation
Pomanda estimates the enterprise value of ADAPTIC LIMITED at £0 based on an EBITDA of £-3.7k and a 3.81x industry multiple (adjusted for size and gross margin).
adaptic limited Estimated Valuation
Pomanda estimates the enterprise value of ADAPTIC LIMITED at £0 based on Net Assets of £-84.7k and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Adaptic Limited Overview
Adaptic Limited is a live company located in beds, LU6 3SL with a Companies House number of 02347574. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 1989, it's largest shareholder is mr stephen william barfoot with a 50% stake. Adaptic Limited is a mature, micro sized company, Pomanda has estimated its turnover at £144.3k with healthy growth in recent years.
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Adaptic Limited Health Check
Pomanda's financial health check has awarded Adaptic Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £144.3k, make it smaller than the average company (£2.6m)
- Adaptic Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.9%)
- Adaptic Limited
9.9% - Industry AVG
Production
with a gross margin of 32.7%, this company has a higher cost of product (57.8%)
- Adaptic Limited
57.8% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (5%)
- Adaptic Limited
5% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - Adaptic Limited
23 - Industry AVG
Pay Structure
on an average salary of £63.7k, the company has an equivalent pay structure (£63.7k)
- Adaptic Limited
£63.7k - Industry AVG
Efficiency
resulting in sales per employee of £72.1k, this is less efficient (£125k)
- Adaptic Limited
£125k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (61 days)
- Adaptic Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 474 days, this is slower than average (33 days)
- Adaptic Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Adaptic Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Adaptic Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 304.2%, this is a higher level of debt than the average (57.5%)
304.2% - Adaptic Limited
57.5% - Industry AVG
ADAPTIC LIMITED financials
Adaptic Limited's latest turnover from March 2024 is estimated at £144.3 thousand and the company has net assets of -£84.7 thousand. According to their latest financial statements, Adaptic Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 7,936 | 12,459 | 7,462 | 7,220 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -3,672 | -8,006 | -14,492 | -14,803 | |||||||||||
| Tax | |||||||||||||||
| Profit After Tax | -3,672 | -8,006 | -14,492 | -14,803 | |||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -3,672 | -8,006 | -14,492 | -14,803 | |||||||||||
| Employee Costs | 9,000 | 18,000 | 18,000 | ||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 107 | 143 | 191 | 254 | 338 | 450 | 600 | 800 | 1,067 | 1,422 | 1,599 | 2,010 | 1,700 | 1,344 | 1,564 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 107 | 143 | 191 | 254 | 338 | 450 | 600 | 800 | 1,067 | 1,422 | 1,599 | 2,010 | 1,700 | 1,344 | 1,564 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 41,362 | 37,248 | 32,927 | 28,857 | 21,872 | 16,689 | 11,090 | 10,145 | 5,708 | 1,941 | 197 | 2,193 | 1,573 | 1,032 | 18 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 489 | ||||||||||||||
| Cash | 1,589 | 7,240 | 6,899 | 9,076 | 18,966 | ||||||||||
| misc current assets | |||||||||||||||
| total current assets | 41,362 | 37,248 | 32,927 | 29,346 | 21,872 | 16,689 | 11,090 | 10,145 | 5,708 | 1,941 | 1,786 | 9,433 | 8,472 | 10,108 | 18,984 |
| total assets | 41,469 | 37,391 | 33,118 | 29,600 | 22,210 | 17,139 | 11,690 | 10,945 | 6,775 | 3,363 | 3,385 | 11,443 | 10,172 | 11,452 | 20,548 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 126,167 | 118,380 | 108,231 | 99,385 | 89,980 | 81,618 | 72,497 | 63,747 | 45,084 | 26,870 | 10,584 | 10,761 | 9,754 | 11,349 | 20,519 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 126,167 | 118,380 | 108,231 | 99,385 | 89,980 | 81,618 | 72,497 | 63,747 | 45,084 | 26,870 | 10,584 | 10,761 | 9,754 | 11,349 | 20,519 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 126,167 | 118,380 | 108,231 | 99,385 | 89,980 | 81,618 | 72,497 | 63,747 | 45,084 | 26,870 | 10,584 | 10,761 | 9,754 | 11,349 | 20,519 |
| net assets | -84,698 | -80,989 | -75,113 | -69,785 | -67,770 | -64,479 | -60,807 | -52,802 | -38,309 | -23,507 | -7,199 | 682 | 418 | 103 | 29 |
| total shareholders funds | -84,698 | -80,989 | -75,113 | -69,785 | -67,770 | -64,479 | -60,807 | -52,802 | -38,309 | -23,507 | -7,199 | 682 | 418 | 103 | 29 |
| Mar 2024 | 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 | |||||||||||||||
| Depreciation | 150 | 200 | 267 | 533 | 670 | 566 | 448 | 522 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 4,114 | 4,321 | 3,581 | 7,474 | 5,183 | 5,599 | 945 | 4,437 | 3,767 | 1,744 | -1,996 | 620 | 541 | 1,014 | 18 |
| Creditors | 7,787 | 10,149 | 8,846 | 9,405 | 8,362 | 9,121 | 8,750 | 18,663 | 18,214 | 16,286 | -177 | 1,007 | -1,595 | -9,170 | 20,519 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 1 | -1 | 1 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,589 | -5,651 | 341 | -2,177 | -9,890 | 18,966 | |||||||||
| overdraft | |||||||||||||||
| change in cash | -1,589 | -5,651 | 341 | -2,177 | -9,890 | 18,966 |
adaptic limited Credit Report and Business Information
Adaptic Limited Competitor Analysis
Perform a competitor analysis for adaptic limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LU6 area or any other competitors across 12 key performance metrics.
adaptic limited Ownership
ADAPTIC LIMITED group structure
Adaptic Limited has no subsidiary companies.
Ultimate parent company
ADAPTIC LIMITED
02347574
adaptic limited directors
Adaptic Limited currently has 2 directors. The longest serving directors include Mr Stephen Barfoot (Feb 1992) and Mrs Julie Barfoot (Feb 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Barfoot | 66 years | Feb 1992 | - | Director | |
| Mrs Julie Barfoot | 63 years | Feb 1992 | - | Director |
P&L
March 2024turnover
144.3k
+20%
operating profit
-3.7k
0%
gross margin
32.8%
-2.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-84.7k
+0.05%
total assets
41.5k
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
adaptic limited company details
company number
02347574
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62012 - Business and domestic software development
incorporation date
February 1989
age
36
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
1 regency court, dunstable, beds, LU6 3SL
Bank
-
Legal Advisor
-
adaptic 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 adaptic limited.
adaptic 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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adaptic limited Companies House Filings - See Documents
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