espial limited
espial limited Company Information
Company Number
02822565
Website
http://www.espial-uk.co.ukRegistered Address
imperium imperial way, reading, berkshire, RG2 0TD
Industry
Business and domestic software development
Telephone
08456585133
Next Accounts Due
July 2025
Group Structure
View All
Directors
Robert Medved2 Years
Shareholders
enghouse networks (uk) limited 100%
espial limited Estimated Valuation
Pomanda estimates the enterprise value of ESPIAL LIMITED at £109.5k based on a Turnover of £141.2k and 0.78x industry multiple (adjusted for size and gross margin).
espial limited Estimated Valuation
Pomanda estimates the enterprise value of ESPIAL LIMITED at £1.1m based on an EBITDA of £216.1k and a 5.17x industry multiple (adjusted for size and gross margin).
espial limited Estimated Valuation
Pomanda estimates the enterprise value of ESPIAL LIMITED at £4.2m based on Net Assets of £1.8m and 2.31x industry multiple (adjusted for liquidity).
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Espial Limited Overview
Espial Limited is a live company located in berkshire, RG2 0TD with a Companies House number of 02822565. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 1993, it's largest shareholder is enghouse networks (uk) limited with a 100% stake. Espial Limited is a mature, micro sized company, Pomanda has estimated its turnover at £141.2k with declining growth in recent years.
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Espial Limited Health Check
Pomanda's financial health check has awarded Espial Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £141.2k, make it smaller than the average company (£3.4m)
- Espial Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (8.7%)
- Espial Limited
8.7% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
- Espial Limited
72.3% - Industry AVG
Profitability
an operating margin of 153% make it more profitable than the average company (3.8%)
- Espial Limited
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Espial Limited
31 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has an equivalent pay structure (£66.7k)
- Espial Limited
£66.7k - Industry AVG
Efficiency
resulting in sales per employee of £141.2k, this is more efficient (£113.5k)
- Espial Limited
£113.5k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is near the average (61 days)
- Espial Limited
61 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Espial Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Espial Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 160 weeks, this is more cash available to meet short term requirements (19 weeks)
160 weeks - Espial Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.2%, this is a lower level of debt than the average (59.7%)
8.2% - Espial Limited
59.7% - Industry AVG
ESPIAL LIMITED financials
Espial Limited's latest turnover from October 2023 is estimated at £141.2 thousand and the company has net assets of £1.8 million. According to their latest financial statements, Espial Limited has 1 employee and maintains cash reserves of £504.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 591,763 | 584,458 | 1,608,839 | 1,915,543 | 2,856,569 | 2,643,424 | 3,350,693 | 4,099,830 | 4,448,612 | 4,347,577 | 4,698,510 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 0 | 1,334 | 148,778 | 376,548 | 579,053 | 469,508 | 292,138 | 822,136 | 808,253 | 554,315 | 614,210 | ||||
| Gross Profit | 591,763 | 583,124 | 1,460,061 | 1,538,995 | 2,277,516 | 2,173,916 | 3,058,555 | 3,277,694 | 3,640,359 | 3,793,262 | 4,084,300 | ||||
| Admin Expenses | 381,982 | 738,243 | 867,281 | 1,008,190 | 772,584 | 2,673,756 | 3,539,400 | 3,762,614 | 3,409,277 | 3,620,609 | 4,114,802 | ||||
| Operating Profit | 209,781 | -155,119 | 592,780 | 530,805 | 1,504,932 | -499,840 | -480,845 | -484,920 | 231,082 | 172,653 | -30,502 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 42,168 | 533 | 145 | 46 | 669 | 21 | 408 | 7,360 | 16,242 | 6,040 | 1,086 | ||||
| Pre-Tax Profit | 251,949 | -154,586 | 868,182 | 530,851 | 1,505,601 | -499,819 | -480,437 | -477,560 | 247,324 | 178,693 | -29,416 | ||||
| Tax | 0 | 0 | -28 | 0 | 0 | -54,956 | -141,746 | 293,937 | 6,733 | 57,386 | 63,700 | ||||
| Profit After Tax | 251,949 | -154,586 | 868,154 | 530,851 | 1,505,601 | -554,775 | -622,183 | -183,623 | 254,057 | 236,079 | 34,284 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 251,949 | -154,586 | 868,154 | 530,851 | 1,505,601 | -554,775 | -622,183 | -183,623 | 254,057 | 236,079 | 34,284 | ||||
| Employee Costs | 166,078 | 470,191 | 2,405,247 | 2,631,872 | 2,826,956 | 3,147,520 | |||||||||
| Number Of Employees | 1 | 1 | 2 | 2 | 1 | 6 | 40 | 46 | 50 | 52 | |||||
| EBITDA* | 209,781 | -66,379 | 637,936 | 576,317 | 1,620,484 | -426,615 | -372,627 | -382,560 | 380,196 | 304,820 | 66,313 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 111,237 | 90,620 | 133,005 | 165,595 | 190,660 | 298,124 | 292,646 | 146,756 | 150,634 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 26,127 | 37,324 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,335 | 64,282 | 41,125 | 41,125 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 137,364 | 127,944 | 133,005 | 165,595 | 190,660 | 374,459 | 356,928 | 187,881 | 191,759 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 27,172 | 15,620 | 125 | 64,251 | 280,825 | 70,632 | 184,117 | 491,944 | 52,235 | 349,780 | 441,215 | 358,290 | 598,645 | 572,505 | 1,065,881 |
| Group Debtors | 1,440,732 | 1,316,812 | 1,177,800 | 2,936,437 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 14,531 | 2,809 | 5,130 | 15,670 | 39,819 | 137,253 | 371,757 | 424,538 | 101,070 | 216,735 | 184,957 | 1,175,576 | 744,600 | 376,187 | 428,435 |
| Cash | 504,418 | 392,982 | 539,598 | 698,666 | 254,484 | 151,735 | 385,060 | 217,277 | 403,420 | 133,422 | 190,616 | 844,948 | 1,255,707 | 2,430,558 | 599,556 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 210 | 1,003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,986,853 | 1,728,223 | 1,722,653 | 3,715,024 | 575,128 | 359,620 | 941,144 | 1,134,762 | 556,725 | 699,937 | 816,788 | 2,378,814 | 2,598,952 | 3,379,250 | 2,093,872 |
| total assets | 1,986,853 | 1,728,223 | 1,722,653 | 3,715,024 | 575,128 | 359,620 | 1,078,508 | 1,262,706 | 689,730 | 865,532 | 1,007,448 | 2,753,273 | 2,955,880 | 3,567,131 | 2,285,631 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 4,881 | 0 | 60,531 | 102,040 | 18,460 | 44,759 | 63,885 | 114,390 | 119,415 | 34,298 | 223,786 | 273,710 | 140,176 | 119,249 |
| Group/Directors Accounts | 13,902 | 20,171 | 62,157 | 4,341,888 | 1,117,377 | 0 | 1,119,031 | 2,561,975 | 2,493,610 | 3,726,087 | 3,257,635 | 4,032,244 | 3,869,175 | 4,864,047 | 3,699,553 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 149,794 | 58,926 | 129,820 | 158,246 | 145,651 | 1,318,554 | 557,417 | 392,303 | 368,039 | 659,634 | 586,766 | 694,089 | 1,207,281 | 1,219,580 | 1,407,437 |
| total current liabilities | 163,696 | 83,978 | 191,977 | 4,560,665 | 1,365,068 | 1,337,014 | 1,721,207 | 3,018,163 | 2,976,039 | 4,505,136 | 3,878,699 | 4,950,119 | 5,350,166 | 6,223,803 | 5,226,239 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 64,495 | 244,604 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 152,306 | 365,884 | 418,106 | 90,000 | 90,000 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 64,495 | 244,604 | 0 | 0 | 152,306 | 365,884 | 418,106 | 90,000 | 90,000 | 0 |
| total liabilities | 163,696 | 83,978 | 191,977 | 4,560,665 | 1,365,068 | 1,401,509 | 1,965,811 | 3,018,163 | 2,976,039 | 4,657,442 | 4,244,583 | 5,368,225 | 5,440,166 | 6,313,803 | 5,226,239 |
| net assets | 1,823,157 | 1,644,245 | 1,530,676 | -845,641 | -789,940 | -1,041,889 | -887,303 | -1,755,457 | -2,286,309 | -3,791,910 | -3,237,135 | -2,614,952 | -2,484,286 | -2,746,672 | -2,940,608 |
| total shareholders funds | 1,823,157 | 1,644,245 | 1,530,676 | -845,641 | -789,940 | -1,041,889 | -887,303 | -1,755,457 | -2,286,309 | -3,791,910 | -3,237,135 | -2,614,952 | -2,484,286 | -2,746,672 | -2,940,608 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 209,781 | -155,119 | 592,780 | 530,805 | 1,504,932 | -499,840 | -480,845 | -484,920 | 231,082 | 172,653 | -30,502 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 62,613 | 33,959 | 29,516 | 115,552 | 73,225 | 108,218 | 102,360 | 149,114 | 132,167 | 96,815 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 26,127 | 11,197 | 15,996 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -28 | 0 | 0 | -54,956 | -141,746 | 293,937 | 6,733 | 57,386 | 63,700 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 147,194 | 152,186 | -1,833,303 | 2,695,714 | 112,759 | -347,989 | -360,608 | 763,177 | -413,210 | -59,657 | -984,029 | 202,674 | 417,710 | -545,624 | 1,535,441 |
| Creditors | -4,881 | 4,881 | -60,531 | -41,509 | 83,580 | -26,299 | -19,126 | -50,505 | -5,025 | 85,117 | -189,488 | -49,924 | 133,534 | 20,927 | 119,249 |
| Accruals and Deferred Income | 90,868 | -70,894 | -28,426 | 12,595 | -1,172,903 | 761,137 | 165,114 | 24,264 | -291,595 | 72,868 | -107,323 | -513,192 | -12,299 | -187,857 | 1,407,437 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -152,306 | -213,578 | -52,222 | 328,106 | 0 | 90,000 | 0 |
| Cash flow from operations | -992,301 | 1,016,448 | 1,144,504 | -213,101 | 1,584,768 | -477,507 | 120,623 | -526,307 | 90,454 | 830,900 | 121,258 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | -6,269 | -41,986 | -4,279,731 | 3,224,511 | 1,117,377 | -1,119,031 | -1,442,944 | 68,365 | -1,232,477 | 468,452 | -774,609 | 163,069 | -994,872 | 1,164,494 | 3,699,553 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -64,495 | -180,109 | 244,604 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 42,168 | 533 | 145 | 46 | 669 | 21 | 408 | 7,360 | 16,242 | 6,040 | 1,086 | ||||
| cash flow from financing | 1,095,050 | -1,298,607 | -1,198,195 | 68,412 | -1,231,808 | 468,473 | -774,201 | 223,386 | -970,301 | 1,128,391 | 725,747 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 111,436 | -146,616 | -159,068 | 444,182 | 102,749 | -233,325 | 167,783 | -186,143 | 269,998 | -57,194 | -654,332 | -410,759 | -1,174,851 | 1,831,002 | 599,556 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 111,436 | -146,616 | -159,068 | 444,182 | 102,749 | -233,325 | 167,783 | -186,143 | 269,998 | -57,194 | -654,332 | -410,759 | -1,174,851 | 1,831,002 | 599,556 |
espial limited Credit Report and Business Information
Espial Limited Competitor Analysis
Perform a competitor analysis for espial limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RG2 area or any other competitors across 12 key performance metrics.
espial limited Ownership
ESPIAL LIMITED group structure
Espial Limited has no subsidiary companies.
Ultimate parent company
ENGHOUSE SYSTEMS LTD
#0064359
2 parents
ESPIAL LIMITED
02822565
espial limited directors
Espial Limited currently has 1 director, Mr Robert Medved serving since Mar 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Medved | United Kingdom | 55 years | Mar 2022 | - | Director |
P&L
October 2023turnover
141.2k
+55%
operating profit
216.1k
0%
gross margin
72.3%
-1.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
1.8m
+0.11%
total assets
2m
+0.15%
cash
504.4k
+0.28%
net assets
Total assets minus all liabilities
Similar Companies
espial limited company details
company number
02822565
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
May 1993
age
31
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
October 2023
previous names
ant software limited (February 2013)
ant ltd. (March 2005)
accountant
MENZIES LLP
auditor
-
address
imperium imperial way, reading, berkshire, RG2 0TD
Bank
BARCLAYS BANK PLC
Legal Advisor
-
espial 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 3 charges/mortgages relating to espial limited. Currently there are 1 open charges and 2 have been satisfied in the past.
espial limited Companies House Filings - See Documents
| date | description | view/download |
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