multitone (uk) ltd

2

multitone (uk) ltd Company Information

Share MULTITONE (UK) LTD
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MatureMidDeclining

Company Number

02833057

Registered Address

multitone house, shortwood copse lane, basingstoke, hampshire, RG23 7NL

Industry

Activities of head offices

 

Telephone

01506418198

Next Accounts Due

March 2025

Group Structure

View All

Directors

Frank Rotthoff4 Years

Ka Liu4 Years

View All

Shareholders

m c holdings ltd 100%

multitone (uk) ltd Estimated Valuation

£16.4m

Pomanda estimates the enterprise value of MULTITONE (UK) LTD at £16.4m based on a Turnover of £13.2m and 1.24x industry multiple (adjusted for size and gross margin).

multitone (uk) ltd Estimated Valuation

£11.8m

Pomanda estimates the enterprise value of MULTITONE (UK) LTD at £11.8m based on an EBITDA of £1.4m and a 8.32x industry multiple (adjusted for size and gross margin).

multitone (uk) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MULTITONE (UK) LTD at £0 based on Net Assets of £-6.4m and 2.68x industry multiple (adjusted for liquidity).

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Multitone (uk) Ltd Overview

Multitone (uk) Ltd is a live company located in basingstoke, RG23 7NL with a Companies House number of 02833057. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 1993, it's largest shareholder is m c holdings ltd with a 100% stake. Multitone (uk) Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £13.2m with declining growth in recent years.

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Multitone (uk) Ltd Health Check

Pomanda's financial health check has awarded Multitone (Uk) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £13.2m, make it smaller than the average company (£20.6m)

£13.2m - Multitone (uk) Ltd

£20.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5.1%)

-4% - Multitone (uk) Ltd

5.1% - Industry AVG

production

Production

with a gross margin of 57.7%, this company has a lower cost of product (33.2%)

57.7% - Multitone (uk) Ltd

33.2% - Industry AVG

profitability

Profitability

an operating margin of 4.2% make it less profitable than the average company (5.7%)

4.2% - Multitone (uk) Ltd

5.7% - Industry AVG

employees

Employees

with 158 employees, this is above the industry average (119)

158 - Multitone (uk) Ltd

119 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.1k, the company has an equivalent pay structure (£46k)

£45.1k - Multitone (uk) Ltd

£46k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £83.6k, this is less efficient (£190.6k)

£83.6k - Multitone (uk) Ltd

£190.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is later than average (46 days)

56 days - Multitone (uk) Ltd

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (44 days)

51 days - Multitone (uk) Ltd

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 148 days, this is more than average (50 days)

148 days - Multitone (uk) Ltd

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (15 weeks)

17 weeks - Multitone (uk) Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 130.2%, this is a higher level of debt than the average (56.5%)

130.2% - Multitone (uk) Ltd

56.5% - Industry AVG

MULTITONE (UK) LTD financials

EXPORTms excel logo

Multitone (Uk) Ltd's latest turnover from June 2023 is £13.2 million and the company has net assets of -£6.4 million. According to their latest financial statements, Multitone (Uk) Ltd has 158 employees and maintains cash reserves of £9.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover13,203,00012,334,00013,387,00015,065,00014,197,00013,367,00014,243,00013,816,00013,899,00014,801,00013,543,00013,026,00013,471,00014,780,000
Other Income Or Grants00000000000000
Cost Of Sales5,584,0005,136,0005,992,0007,269,0006,653,0009,717,0009,996,0009,825,0009,638,00010,394,0009,808,0009,913,00010,622,00011,267,000
Gross Profit7,619,0007,198,0007,395,0007,796,0007,544,0003,650,0004,247,0003,991,0004,261,0004,407,0003,735,0003,113,0002,849,0003,513,000
Admin Expenses7,064,0006,146,0005,921,0005,631,0005,905,0002,706,0002,552,0002,689,0003,334,0003,321,0002,880,0002,535,0003,184,0002,800,000
Operating Profit555,0001,052,0001,474,0002,165,0001,639,000944,0001,695,0001,302,000927,0001,086,000855,000578,000-335,000713,000
Interest Payable8,00043,000267,0000015,000203,000192,000336,0001,536,0001,443,00047,000229,000390,000
Interest Receivable147,00080,000193,00056,0002,000175,000164,000179,0001,657,0001,542,0001,505,000248,000295,000291,000
Pre-Tax Profit694,0001,089,000639,0002,221,0001,641,0001,104,0001,656,0001,289,0001,042,0001,092,000917,000779,000-269,000614,000
Tax9,000-45,000-605,000274,00063,00073,000-41,000-21,000-19,000-18,000-8,00014,00039,000-10,000
Profit After Tax703,0001,044,00034,0002,495,0001,704,0001,177,0001,615,0001,268,0001,023,0001,074,000909,000793,000-230,000604,000
Dividends Paid00000000000000
Retained Profit703,0001,044,00034,0002,495,0001,704,0001,177,0001,615,0001,268,0001,023,0001,074,000922,000792,000-231,000602,000
Employee Costs7,132,0006,515,0006,231,0007,585,0007,081,0006,722,0006,683,0006,562,0006,556,0006,634,0006,134,0006,260,0006,933,0006,898,000
Number Of Employees158160159169172172172178178176183184191202
EBITDA*1,414,0001,878,0002,207,0002,926,0002,328,0001,795,0002,574,0002,202,0001,857,0002,057,0001,762,0001,384,000361,0001,294,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets2,559,0003,180,0002,227,0002,226,0002,310,0002,182,0002,278,0002,194,0001,954,0001,964,0002,109,0002,124,0002,164,0002,180,000
Intangible Assets2,093,0002,045,0001,813,0001,534,0001,426,0001,436,0001,563,0001,634,0001,632,0001,763,0001,992,0002,070,0002,025,0001,505,000
Investments & Other1,454,0002,448,0004,218,00002,215,0002,084,0000006,0006,000000
Debtors (Due After 1 year)283,000304,000393,000936,0001,177,000969,0001,024,0001,060,0001,096,0001,209,0001,195,0001,416,0001,664,0002,092,000
Total Fixed Assets6,389,0007,977,0008,651,0004,696,0007,128,0006,671,0004,865,0004,888,0004,682,0004,942,0005,302,0005,610,0005,853,0005,777,000
Stock & work in progress2,268,0001,742,0001,743,0001,742,0002,020,0001,954,0001,967,0001,838,0001,754,0001,932,0002,121,0001,742,0002,078,0002,152,000
Trade Debtors2,044,0001,392,0001,382,0001,391,0001,571,0001,991,0001,645,0001,996,0001,426,0002,161,0001,860,0001,821,0001,391,0002,105,000
Group Debtors693,000693,000960,0001,075,0003,632,0002,296,0002,296,0002,252,0002,273,0002,295,0002,296,0002,295,0002,294,0002,294,000
Misc Debtors630,000539,000583,0001,154,000619,000599,000557,000651,000712,000643,000617,000689,000601,000603,000
Cash9,229,0009,166,0009,783,0009,473,0006,896,0005,158,0004,641,0002,943,0002,864,0001,777,0001,628,0001,020,0001,211,0001,696,000
misc current assets00000000000000
total current assets14,864,00013,532,00014,451,00014,835,00014,738,00011,998,00011,106,0009,680,0009,029,0008,808,0008,522,0007,567,0007,575,0008,850,000
total assets21,253,00021,509,00023,102,00019,531,00021,866,00018,669,00015,971,00014,568,00013,711,00013,750,00013,824,00013,177,00013,428,00014,627,000
Bank overdraft000000360,000360,000390,000360,000400,0002,140,000360,000360,000
Bank loan00000000000000
Trade Creditors 790,000337,000390,000797,000686,000466,000492,000735,000674,000806,000876,000999,000926,0001,071,000
Group/Directors Accounts21,642,00021,642,00022,105,00020,933,00023,304,00022,206,00022,220,00021,889,00021,840,00021,589,00021,450,00021,433,00021,422,00021,426,000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities4,832,0004,339,0004,334,0004,786,0004,214,0003,762,0003,953,0004,100,0003,977,0004,115,0004,052,0003,695,0003,619,0003,683,000
total current liabilities27,264,00026,318,00026,829,00026,516,00028,204,00026,434,00027,025,00027,084,00026,881,00026,870,00026,778,00028,267,00026,327,00026,540,000
loans00500,0001,100,0001,100,0001,100,0001,100,0001,460,0001,820,0001,427,0002,540,0001,100,0003,240,0003,600,000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities288,000329,000395,000513,000489,000395,000389,000367,000318,0000368,0000386,000317,000
provisions113,000110,00099,000129,000136,000119,000106,000103,00089,00097,000106,000102,000129,000124,000
total long term liabilities401,000439,000994,0002,270,0001,725,0001,614,0002,842,0007,591,0008,888,00010,093,00010,962,00010,704,00010,251,00013,080,000
total liabilities27,665,00026,757,00027,823,00028,786,00029,929,00028,048,00029,867,00034,675,00035,769,00036,963,00037,740,00038,971,00036,578,00039,620,000
net assets-6,412,000-5,248,000-4,721,000-9,255,000-8,063,000-9,379,000-13,896,000-20,107,000-22,058,000-23,213,000-23,916,000-25,801,000-23,157,000-24,998,000
total shareholders funds-6,412,000-5,248,000-4,721,000-9,255,000-8,063,000-9,379,000-13,896,000-20,107,000-22,058,000-23,213,000-23,916,000-25,801,000-23,157,000-24,998,000
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit555,0001,052,0001,474,0002,165,0001,639,000944,0001,695,0001,302,000927,0001,086,000855,000578,000-335,000713,000
Depreciation134,000147,000108,000181,000144,000242,000221,000209,000182,000170,000907,000160,000155,000154,000
Amortisation725,000679,000625,000580,000545,000609,000658,000691,000748,000801,0000646,000541,000427,000
Tax9,000-45,000-605,000274,00063,00073,000-41,000-21,000-19,000-18,000-8,00014,00039,000-10,000
Stock526,000-1,0001,000-278,00066,000-13,000129,00084,000-178,000-189,000379,000-336,000-74,0002,152,000
Debtors722,000-390,000-1,238,000-2,443,0001,144,000333,000-437,000452,000-801,000340,000-253,000271,000-1,144,0007,094,000
Creditors453,000-53,000-407,000111,000220,000-26,000-243,00061,000-132,000-70,000-123,00073,000-145,0001,071,000
Accruals and Deferred Income493,0005,000-452,000572,000452,000-191,000-147,000123,000-138,00063,000357,00076,000-64,0003,683,000
Deferred Taxes & Provisions3,00011,000-30,000-7,00017,00013,0003,00014,000-8,000-9,0004,000-27,0005,000124,000
Cash flow from operations1,124,0002,187,0001,950,0006,597,0001,870,0001,344,0002,454,0001,843,0002,539,0001,872,0001,866,0001,585,0001,414,000-3,084,000
Investing Activities
capital expenditure0000-660,000-574,000-706,000-824,000-806,000-597,000-807,000-834,000-1,189,000-1,190,000
Change in Investments-994,000-1,770,0004,218,000-2,215,000131,0002,084,00000-6,00006,000000
cash flow from investments994,0001,770,000-4,218,0002,215,000-791,000-2,658,000-706,000-824,000-800,000-597,000-813,000-834,000-1,189,000-1,190,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0-463,0001,172,000-2,371,0001,098,000-14,000331,00049,000251,000139,00017,00011,000-4,00021,426,000
Other Short Term Loans 00000000000000
Long term loans0-500,000-600,000000-360,000-360,000393,000-1,113,0001,440,000-2,140,000-360,0003,600,000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-41,000-66,000-118,00024,00094,0006,00022,00049,000318,000-368,000368,000-386,00069,000317,000
share issue-1,867,000-1,571,0004,500,000-3,687,000-388,0003,340,0004,596,000683,000132,000-371,000963,000-3,436,0002,072,000-25,600,000
interest139,00037,000-74,00056,0002,000160,000-39,000-13,0001,321,0006,00062,000201,00066,000-99,000
cash flow from financing-1,769,000-2,563,0004,880,000-5,978,000806,0003,492,0004,550,000408,0002,415,000-1,707,0002,850,000-5,750,0001,843,000-356,000
cash and cash equivalents
cash63,000-617,000310,0002,577,0001,738,000517,0001,698,00079,0001,087,000149,000608,000-191,000-485,0001,696,000
overdraft00000-360,0000-30,00030,000-40,000-1,740,0001,780,0000360,000
change in cash63,000-617,000310,0002,577,0001,738,000877,0001,698,000109,0001,057,000189,0002,348,000-1,971,000-485,0001,336,000

multitone (uk) ltd Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Multitone (uk) Ltd Competitor Analysis

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Perform a competitor analysis for multitone (uk) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in RG23 area or any other competitors across 12 key performance metrics.

multitone (uk) ltd Ownership

MULTITONE (UK) LTD group structure

Multitone (Uk) Ltd has 1 subsidiary company.

Ultimate parent company

CHAMPION TECHNOLOGY HOLDINGS LTD

#0060919

M C HOLDINGS LTD

#0028655

2 parents

MULTITONE (UK) LTD

02833057

1 subsidiary

MULTITONE (UK) LTD Shareholders

m c holdings ltd 100%

multitone (uk) ltd directors

Multitone (Uk) Ltd currently has 4 directors. The longest serving directors include Mr Frank Rotthoff (Nov 2019) and Mr Ka Liu (Nov 2019).

officercountryagestartendrole
Mr Frank RotthoffGermany61 years Nov 2019- Director
Mr Ka LiuHong Kong68 years Nov 2019- Director
Ms So Lam52 years Nov 2019- Director
Mr Edward Paterson52 years Jan 2022- Director

P&L

June 2023

turnover

13.2m

+7%

operating profit

555k

-47%

gross margin

57.8%

-1.12%

turnover

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

Balance Sheet

June 2023

net assets

-6.4m

+0.22%

total assets

21.3m

-0.01%

cash

9.2m

+0.01%

net assets

Total assets minus all liabilities

multitone (uk) ltd company details

company number

02833057

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

July 1993

age

31

incorporated

UK

ultimate parent company

CHAMPION TECHNOLOGY HOLDINGS LTD

accounts

Group

last accounts submitted

June 2023

previous names

kantone (uk) limited (December 2019)

icehold limited (November 1993)

accountant

-

auditor

MOORE

address

multitone house, shortwood copse lane, basingstoke, hampshire, RG23 7NL

Bank

HSBC BANK PLC

Legal Advisor

GREENWOODS GRM LLP

multitone (uk) ltd 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 multitone (uk) ltd.

charges

multitone (uk) ltd Companies House Filings - See Documents

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