Pomanda estimates the enterprise value of SPRINGFORM TECHNOLOGY LIMITED at £131.8k based on a Turnover of £259.1k and 0.51x industry multiple (adjusted for size and gross margin).
springform technology limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SPRINGFORM TECHNOLOGY LIMITED at £0 based on an EBITDA of £-324.2k and a 3.53x industry multiple (adjusted for size and gross margin).
springform technology limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SPRINGFORM TECHNOLOGY LIMITED at £0 based on Net Assets of £-2m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Springform Technology LimitedOverview
Springform Technology Limited is a live company located in nottingham, NG1 5BQ with a Companies House number of 02785492. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in February 1993, it's largest shareholder is
jemima elizabeth wade
with a 50% stake. Springform Technology Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£259.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Springform Technology Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £259.1k, make it smaller than the average company (£9.5m)
£259.1k - Springform Technology Limited
£9.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (-0.8%)
-35% - Springform Technology Limited
-0.8% - Industry AVG
Production
with a gross margin of 31.8%, this company has a comparable cost of product (31.8%)
31.8% - Springform Technology Limited
31.8% - Industry AVG
Profitability
an operating margin of -126.3% make it less profitable than the average company (5.7%)
-126.3% - Springform Technology Limited
5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (62)
3 - Springform Technology Limited
62 - Industry AVG
Pay Structure
on an average salary of £47k, the company has an equivalent pay structure (£47k)
£47k - Springform Technology Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £86.4k, this is less efficient (£165.9k)
£86.4k - Springform Technology Limited
£165.9k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (63 days)
26 days - Springform Technology Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (42 days)
56 days - Springform Technology Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 180 days, this is more than average (81 days)
180 days - Springform Technology Limited
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Springform Technology Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1517.2%, this is a higher level of debt than the average (47.4%)
1517.2% - Springform Technology Limited
47.4% - Industry AVG
SPRINGFORM TECHNOLOGY LIMITED financials
EXPORT
Springform Technology Limited's latest turnover from September 2022 is estimated at £259.1 thousand and the company has net assets of -£2 million. According to their latest financial statements, Springform Technology Limited has 3 employees and maintains cash reserves of £14.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
259,110
1,590,536
927,844
954,363
1,038,585
977,713
1,643,898
2,698,650
1,308,576
2,347,910
2,531,418
1,587,747
1,120,403
Other Income Or Grants
Cost Of Sales
176,735
1,119,597
652,409
660,819
716,115
651,970
1,104,507
1,848,793
879,482
1,574,516
1,704,583
1,065,764
735,302
Gross Profit
82,375
470,939
275,435
293,545
322,470
325,743
539,392
849,858
429,094
773,395
826,835
521,983
385,102
Admin Expenses
409,652
826,973
777,021
293,097
577,137
749,582
375,599
829,175
550,879
785,336
1,208,375
891,062
-396,147
Operating Profit
-327,277
-356,034
-501,586
448
-254,667
-423,839
163,793
20,683
-121,785
-11,941
-381,540
-369,079
781,249
Interest Payable
Interest Receivable
1,035
60
35
167
92
24
67
77
55
96
153
135
62
Pre-Tax Profit
-326,242
-355,974
-501,551
615
-254,575
-423,815
163,860
20,759
-121,730
-11,845
-381,387
-368,944
781,311
Tax
-117
-32,772
-4,359
-218,767
Profit After Tax
-326,242
-355,974
-501,551
498
-254,575
-423,815
131,088
16,400
-121,730
-11,845
-381,387
-368,944
562,544
Dividends Paid
Retained Profit
-326,242
-355,974
-501,551
498
-254,575
-423,815
131,088
16,400
-121,730
-11,845
-381,387
-368,944
562,544
Employee Costs
141,071
454,026
450,182
312,914
397,194
503,744
525,368
722,571
361,552
590,709
644,877
435,601
291,429
Number Of Employees
3
10
10
7
9
12
13
18
9
15
17
12
8
EBITDA*
-324,236
-352,127
-498,050
2,535
-253,022
-421,158
166,300
28,913
-112,549
-2,726
-376,839
-360,027
795,501
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
3,257
12,007
9,403
10,023
2,730
4,375
6,154
4,973
12,584
21,208
30,178
1,128
9,461
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,257
12,007
9,403
10,023
2,730
4,375
6,154
4,973
12,584
21,208
30,178
1,128
9,461
Stock & work in progress
87,319
258,827
314,941
768,249
641,884
507,629
427,254
623,428
139,325
665,481
367,266
587,400
735,163
Trade Debtors
18,537
416,225
95,003
15,687
28,142
34,798
370,312
151,035
129,717
106,014
347,578
136,136
49,925
Group Debtors
Misc Debtors
17,209
6,049
33,283
42,155
47,443
38,942
66,927
Cash
14,140
77,849
43,140
27,023
17,486
7,146
11,664
14,954
15,645
6,240
32,063
29,280
24,775
misc current assets
total current assets
137,205
758,950
486,367
853,114
734,955
588,515
876,157
789,417
284,687
777,735
746,907
752,816
809,863
total assets
140,462
770,957
495,770
863,137
737,685
592,890
882,311
794,390
297,271
798,943
777,085
753,944
819,324
Bank overdraft
Bank loan
Trade Creditors
27,116
166,211
52,557
59,449
129,894
49,142
96,834
1,054,440
573,721
953,663
919,960
515,432
211,868
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
2,103,967
2,269,125
1,751,618
1,610,542
1,415,143
1,096,525
914,439
total current liabilities
2,131,083
2,435,336
1,804,175
1,669,991
1,545,037
1,145,667
1,011,273
1,054,440
573,721
953,663
919,960
515,432
211,868
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
2,131,083
2,435,336
1,804,175
1,669,991
1,545,037
1,145,667
1,011,273
1,054,440
573,721
953,663
919,960
515,432
211,868
net assets
-1,990,621
-1,664,379
-1,308,405
-806,854
-807,352
-552,777
-128,962
-260,050
-276,450
-154,720
-142,875
238,512
607,456
total shareholders funds
-1,990,621
-1,664,379
-1,308,405
-806,854
-807,352
-552,777
-128,962
-260,050
-276,450
-154,720
-142,875
238,512
607,456
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-327,277
-356,034
-501,586
448
-254,667
-423,839
163,793
20,683
-121,785
-11,941
-381,540
-369,079
781,249
Depreciation
3,041
3,907
3,536
2,087
1,645
2,681
2,507
8,230
9,236
9,215
4,701
9,052
14,252
Amortisation
Tax
-117
-32,772
-4,359
-218,767
Stock
-171,508
-56,114
-453,308
126,365
134,255
80,375
-196,174
484,103
-526,156
298,215
-220,134
-147,763
735,163
Debtors
-386,528
293,988
70,444
-17,743
1,845
-363,499
286,204
21,318
23,703
-241,564
211,442
86,211
49,925
Creditors
-139,095
113,654
-6,892
-70,445
80,752
-47,692
-957,606
480,719
-379,942
33,703
404,528
303,564
211,868
Accruals and Deferred Income
-165,158
517,507
141,076
195,399
318,618
182,086
914,439
Deferred Taxes & Provisions
Cash flow from operations
-70,453
41,160
18,998
18,750
10,248
-3,640
331
-148
9,962
-25,674
36,381
5,089
3,514
Investing Activities
capital expenditure
5,709
-6,511
-2,916
-9,380
-902
-3,688
-619
-612
-245
-33,751
-719
-23,713
Change in Investments
cash flow from investments
5,709
-6,511
-2,916
-9,380
-902
-3,688
-619
-612
-245
-33,751
-719
-23,713
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
44,912
interest
1,035
60
35
167
92
24
67
77
55
96
153
135
62
cash flow from financing
1,035
60
35
167
92
24
67
77
55
96
153
135
44,974
cash and cash equivalents
cash
-63,709
34,709
16,117
9,537
10,340
-4,518
-3,290
-691
9,405
-25,823
2,783
4,505
24,775
overdraft
change in cash
-63,709
34,709
16,117
9,537
10,340
-4,518
-3,290
-691
9,405
-25,823
2,783
4,505
24,775
springform technology limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for springform technology limited. Get real-time insights into springform technology limited's credit score, group structure and payment trends.
Perform a competitor analysis for springform technology limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NG1 area or any other competitors across 12 key performance metrics.
springform technology limited Ownership
SPRINGFORM TECHNOLOGY LIMITED group structure
Springform Technology Limited has no subsidiary companies.
Ultimate parent company
SPRINGFORM TECHNOLOGY LIMITED
02785492
SPRINGFORM TECHNOLOGY LIMITED Shareholders
The largest shareholders in Springform Technology Limited include Jemima Elizabeth Wade and Trustees Of Charles Wade Will Trust.
jemima elizabeth wade
50%
trustees of charles wade will trust
50%
springform technology limited directors
Springform Technology Limited currently has 2 directors.
The longest serving directors include
Mrs Jemima Wade (May 1998) and
Mr Daniel Wade (Apr 2018).
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
February 1993
age
32
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2022
previous names
tudormalt limited (July 1998)
moatdell limited (February 1993)
accountant
MABE ALLEN LLP
auditor
-
address
22 regent street, nottingham, NG1 5BQ
Bank
-
Legal Advisor
FREETHS LLP
springform technology 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 springform technology limited.
springform technology 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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springform technology limitedCompanies House Filings - See Documents
