technogym u.k. limited

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technogym u.k. limited Company Information

Share TECHNOGYM U.K. LIMITED
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Company Number

02782468

Registered Address

two the boulevard, cain road, bracknell, berkshire, RG12 1WP

Industry

Other business support service activities n.e.c.

 

Telephone

01344823714

Next Accounts Due

September 2025

Group Structure

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Directors

Giovanni Simoni3 Years

Pierfrancesco Scalzo1 Years

View All

Shareholders

technogym spa 100%

technogym u.k. limited Estimated Valuation

£83m

Pomanda estimates the enterprise value of TECHNOGYM U.K. LIMITED at £83m based on a Turnover of £72.3m and 1.15x industry multiple (adjusted for size and gross margin).

technogym u.k. limited Estimated Valuation

£41.5m

Pomanda estimates the enterprise value of TECHNOGYM U.K. LIMITED at £41.5m based on an EBITDA of £4.7m and a 8.77x industry multiple (adjusted for size and gross margin).

technogym u.k. limited Estimated Valuation

£13.8m

Pomanda estimates the enterprise value of TECHNOGYM U.K. LIMITED at £13.8m based on Net Assets of £5.4m and 2.57x industry multiple (adjusted for liquidity).

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Technogym U.k. Limited Overview

Technogym U.k. Limited is a live company located in bracknell, RG12 1WP with a Companies House number of 02782468. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 1993, it's largest shareholder is technogym spa with a 100% stake. Technogym U.k. Limited is a mature, large sized company, Pomanda has estimated its turnover at £72.3m with high growth in recent years.

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Technogym U.k. Limited Health Check

Pomanda's financial health check has awarded Technogym U.K. Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £72.3m, make it larger than the average company (£4.4m)

£72.3m - Technogym U.k. Limited

£4.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.3%)

22% - Technogym U.k. Limited

6.3% - Industry AVG

production

Production

with a gross margin of 31.6%, this company has a comparable cost of product (37.6%)

31.6% - Technogym U.k. Limited

37.6% - Industry AVG

profitability

Profitability

an operating margin of 6% make it as profitable than the average company (5.7%)

6% - Technogym U.k. Limited

5.7% - Industry AVG

employees

Employees

with 113 employees, this is above the industry average (26)

113 - Technogym U.k. Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.4k, the company has a higher pay structure (£51.9k)

£70.4k - Technogym U.k. Limited

£51.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £640.3k, this is more efficient (£165k)

£640.3k - Technogym U.k. Limited

£165k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 45 days, this is near the average (40 days)

45 days - Technogym U.k. Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (31 days)

48 days - Technogym U.k. Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 46 days, this is more than average (33 days)

46 days - Technogym U.k. Limited

33 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)

0 weeks - Technogym U.k. Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 87.6%, this is a higher level of debt than the average (61.7%)

87.6% - Technogym U.k. Limited

61.7% - Industry AVG

TECHNOGYM U.K. LIMITED financials

EXPORTms excel logo

Technogym U.K. Limited's latest turnover from December 2023 is £72.3 million and the company has net assets of £5.4 million. According to their latest financial statements, Technogym U.K. Limited has 113 employees and maintains cash reserves of £45.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover72,349,59257,657,06353,202,38239,786,04870,251,19477,122,04166,038,06666,970,84460,931,93355,134,06656,238,02956,769,47850,808,22149,224,38640,315,648
Other Income Or Grants000000000000000
Cost Of Sales49,503,24438,295,11636,612,37525,646,72551,820,07058,053,12248,228,91750,655,72843,656,04538,889,52539,255,28140,450,37935,596,61235,093,52329,321,677
Gross Profit22,846,34819,361,94716,590,00714,139,32318,431,12419,068,91917,809,14916,315,11617,275,88816,244,54116,982,74816,319,09915,211,60914,130,86310,993,971
Admin Expenses18,526,65115,952,91413,929,62312,520,79914,658,06614,770,06612,280,03211,431,05510,651,31610,236,00410,975,15910,848,1269,795,3348,985,8707,933,934
Operating Profit4,319,6973,409,0332,660,3841,618,5243,773,0584,298,8535,529,1174,884,0616,624,5726,008,5376,007,5895,470,9735,416,2755,144,9933,060,037
Interest Payable42,1627,3107,45617,29033,594123,1000294240001,769020
Interest Receivable532,077115,2084410,07222,953125,035128,925116,062154,95085,08694,21177,86133,095193,218182,080
Pre-Tax Profit4,809,6123,516,9312,652,9721,611,3063,762,4174,300,7885,658,0424,999,8296,779,4986,093,6236,101,8005,548,8345,447,6015,338,2113,242,097
Tax-1,038,990-300,535-448,773-293,669-844,629-838,120-1,106,068-1,070,136-1,360,000-1,305,392-1,458,058-1,409,484-1,484,956-1,677,230-970,722
Profit After Tax3,770,6223,216,3962,204,1991,317,6372,917,7883,462,6684,551,9743,929,6935,419,4984,788,2314,643,7424,139,3503,962,6453,660,9812,271,375
Dividends Paid4,500,0002,200,0001,300,0005,000,00004,500,0004,000,0005,000,0004,700,0005,000,0004,500,0005,500,0006,000,0005,000,0000
Retained Profit-729,3781,016,396904,199-3,682,3632,917,788-1,037,332551,974-1,070,307719,498-211,769143,742-1,360,650-2,037,355-1,339,0192,271,375
Employee Costs7,956,8296,743,9225,478,6625,903,4795,911,9125,838,6435,712,4995,205,3064,575,3884,565,4934,968,3434,912,7754,829,5054,739,9843,651,180
Number Of Employees1131091091111271191091051003709996948888
EBITDA*4,736,2723,753,5803,015,8412,131,4414,323,8994,632,4505,825,3895,182,7986,908,3296,278,7906,191,0525,584,1835,511,5605,223,6323,212,160

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,952,595320,507527,858755,2041,068,149542,767577,829696,892660,542793,230887,010370,616213,338197,714159,613
Intangible Assets000000000000000
Investments & Other000002,783,7011,273,94800000000
Debtors (Due After 1 year)9,856,6138,283,0797,028,3076,907,1915,552,3780000000000
Total Fixed Assets12,809,2088,603,5867,556,1657,662,3956,620,5273,326,4681,851,777696,892660,542793,230887,010370,616213,338197,714159,613
Stock & work in progress6,338,1966,092,1846,046,8686,489,4395,695,2236,934,9813,492,0743,123,6642,412,1141,627,2831,913,4443,335,0192,649,9102,958,4182,806,754
Trade Debtors8,980,0038,241,3918,461,4126,681,45119,454,89135,602,03519,551,09315,465,52914,359,29614,037,39816,138,58310,597,5629,765,05211,130,7459,904,595
Group Debtors10,366,5979,072,5927,232,2977,142,6928,075,678014,506,80915,919,22715,470,26512,130,0479,383,1369,716,88510,429,4201,232,1038,983,239
Misc Debtors4,886,6474,237,2624,157,7373,171,716313,132478,429408,031379,429435,251566,635539,488374,344397,699471,053338,913
Cash45,3171,734152,053245,744255,3881,967,7241,038,3121,056,7161,507,7811,438,140917,2531,537,8162,613,91217,697,7109,782,526
misc current assets000000000000000
total current assets30,616,76027,645,16326,050,36723,731,04233,794,31244,983,16938,996,31935,944,56534,184,70729,799,50328,891,90425,561,62625,855,99333,490,02931,816,027
total assets43,425,96836,248,74933,606,53231,393,43740,414,83948,309,63740,848,09636,641,45734,845,24930,592,73329,778,91425,932,24226,069,33133,687,74331,975,640
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 6,570,2227,084,6925,682,1652,855,1646,320,9085,410,1524,817,1425,527,3035,266,7874,809,3734,363,1163,784,4693,584,1474,448,8632,493,190
Group/Directors Accounts4,883,6844,165,5644,067,4214,338,2163,112,17317,408,4144,937,6263,003,1993,272,6682,356,3402,437,994780,5483,4366,816,1059,052,760
other short term finances000000000000000
hp & lease commitments528,825168,615287,442273,933262,3610000000000
other current liabilities9,020,0296,289,3596,574,6096,555,86310,271,03310,570,58015,751,34914,734,26213,485,15912,207,35311,332,2849,879,24510,413,4719,246,9926,572,890
total current liabilities21,002,76017,708,23016,611,63714,023,17619,966,47533,389,14625,506,11723,264,76422,024,61419,373,06618,133,39414,444,26214,001,05420,511,96018,118,840
loans000000000000000
hp & lease commitments1,944,88562,851177,064377,957533,6240000000000
Accruals and Deferred Income4,349,1303,467,4484,176,2455,495,2795,323,0486,120,5956,852,1306,829,4995,329,0564,460,2614,733,5664,636,7783,746,8552,883,9592,281,311
other liabilities9,856,6138,283,0797,028,3076,907,1915,552,3782,783,7011,273,94800000000
provisions876,286601,468504,002384,7561,151,8731,046,5421,208,9161,092,183966,261953,586894,365977,3551,086,9251,019,972964,618
total long term liabilities17,026,91412,414,84611,885,61813,165,18312,560,9239,950,8389,334,9947,921,6826,295,3175,413,8475,627,9315,614,1334,833,7803,903,9313,245,929
total liabilities38,029,67430,123,07628,497,25527,188,35932,527,39843,339,98434,841,11131,186,44628,319,93124,786,91323,761,32520,058,39518,834,83424,415,89121,364,769
net assets5,396,2946,125,6735,109,2774,205,0787,887,4414,969,6536,006,9855,455,0116,525,3185,805,8206,017,5895,873,8477,234,4979,271,85210,610,871
total shareholders funds5,396,2946,125,6735,109,2774,205,0787,887,4414,969,6536,006,9855,455,0116,525,3185,805,8206,017,5895,873,8477,234,4979,271,85210,610,871
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit4,319,6973,409,0332,660,3841,618,5243,773,0584,298,8535,529,1174,884,0616,624,5726,008,5376,007,5895,470,9735,416,2755,144,9933,060,037
Depreciation416,575344,547355,457512,917550,841333,597296,272298,737283,757270,253183,463113,21095,28578,639152,123
Amortisation000000000000000
Tax-1,038,990-300,535-448,773-293,669-844,629-838,120-1,106,068-1,070,136-1,360,000-1,305,392-1,458,058-1,409,484-1,484,956-1,677,230-970,722
Stock246,01245,316-442,571794,216-1,239,7583,442,907368,410711,550784,831-286,161-1,421,575685,109-308,508151,6642,806,754
Debtors4,255,5362,954,5712,976,703-9,493,029-2,684,3851,614,5312,701,7481,499,3733,530,732672,8735,372,41696,6207,758,270-6,392,84619,226,747
Creditors-514,4701,402,5272,827,001-3,465,744910,756593,010-710,161260,516457,414446,257578,647200,322-864,7161,955,6732,493,190
Accruals and Deferred Income3,612,352-994,047-1,300,288-3,542,939-1,097,094-5,912,3041,039,7182,749,5462,146,601601,7641,549,827355,6972,029,3753,276,7508,854,201
Deferred Taxes & Provisions274,81897,466119,246-767,117105,331-162,374116,733125,92212,67559,221-82,990-109,57066,95355,354964,618
Cash flow from operations2,568,434959,1041,678,8952,760,7857,322,406-6,744,7762,095,4535,037,7233,849,4565,693,9282,827,6373,839,419-2,191,54615,075,361-7,480,054
Investing Activities
capital expenditure-3,048,663-137,196-128,111-199,972-1,076,223-298,535-177,209-335,087-151,069-176,473-699,857-270,488-110,909-116,740-311,736
Change in Investments0000-2,783,7011,509,7531,273,94800000000
cash flow from investments-3,048,663-137,196-128,111-199,9721,707,478-1,808,288-1,451,157-335,087-151,069-176,473-699,857-270,488-110,909-116,740-311,736
Financing Activities
Bank loans000000000000000
Group/Directors Accounts718,12098,143-270,7951,226,043-14,296,24112,470,7881,934,427-269,469916,328-81,6541,657,446777,112-6,812,669-2,236,6559,052,760
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments2,242,244-233,040-187,384-144,095795,9850000000000
other long term liabilities1,573,5341,254,772121,1161,354,8132,768,6771,509,7531,273,94800000000
share issue-100000000000008,339,496
interest489,915107,898-7,412-7,218-10,6411,935128,925115,768154,92685,08694,21177,86131,326193,218182,060
cash flow from financing5,023,8121,227,773-344,4752,429,543-10,742,22013,982,4763,337,300-153,7011,071,2543,4321,751,657854,973-6,781,343-2,043,43717,574,316
cash and cash equivalents
cash43,583-150,319-93,691-9,644-1,712,336929,412-18,404-451,06569,641520,887-620,563-1,076,096-15,083,7987,915,1849,782,526
overdraft000000000000000
change in cash43,583-150,319-93,691-9,644-1,712,336929,412-18,404-451,06569,641520,887-620,563-1,076,096-15,083,7987,915,1849,782,526

technogym u.k. limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Technogym U.k. Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for technogym u.k. limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in RG12 area or any other competitors across 12 key performance metrics.

technogym u.k. limited Ownership

TECHNOGYM U.K. LIMITED group structure

Technogym U.K. Limited has no subsidiary companies.

Ultimate parent company

TECHNOGYM SPA

#0058538

1 parent

TECHNOGYM U.K. LIMITED

02782468

TECHNOGYM U.K. LIMITED Shareholders

technogym spa 100%

technogym u.k. limited directors

Technogym U.K. Limited currently has 5 directors. The longest serving directors include Mr Giovanni Simoni (Jul 2021) and Mr Pierfrancesco Scalzo (Feb 2023).

officercountryagestartendrole
Mr Giovanni Simoni54 years Jul 2021- Director
Mr Pierfrancesco Scalzo52 years Feb 2023- Director
Mr William Marabini42 years Feb 2023- Director
Mr Francesco Nicoletti51 years Sep 2023- Director
Mr Dario D'Aloia42 years Mar 2024- Director

P&L

December 2023

turnover

72.3m

+25%

operating profit

4.3m

+27%

gross margin

31.6%

-5.97%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

5.4m

-0.12%

total assets

43.4m

+0.2%

cash

45.3k

+25.13%

net assets

Total assets minus all liabilities

technogym u.k. limited company details

company number

02782468

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

January 1993

age

31

incorporated

UK

ultimate parent company

TECHNOGYM SPA

accounts

Full Accounts

last accounts submitted

December 2023

previous names

prowell international limited (October 1993)

accountant

-

auditor

MHA MACINTYRE HUDSON LLP

address

two the boulevard, cain road, bracknell, berkshire, RG12 1WP

Bank

JP MORGAN CHASE BANK NA

Legal Advisor

BLASER MILLS

technogym u.k. 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 4 charges/mortgages relating to technogym u.k. limited. Currently there are 2 open charges and 2 have been satisfied in the past.

charges

technogym u.k. limited Companies House Filings - See Documents

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