technological business solutions limitedEstimated Valuation
£592.9k
Pomanda estimates the enterprise value of TECHNOLOGICAL BUSINESS SOLUTIONS LIMITED at £592.9k based on a Turnover of £943.7k and 0.63x industry multiple (adjusted for size and gross margin).
technological business solutions limitedEstimated Valuation
£4.5m
Pomanda estimates the enterprise value of TECHNOLOGICAL BUSINESS SOLUTIONS LIMITED at £4.5m based on an EBITDA of £1.2m and a 3.75x industry multiple (adjusted for size and gross margin).
technological business solutions limitedEstimated Valuation
£10.4m
Pomanda estimates the enterprise value of TECHNOLOGICAL BUSINESS SOLUTIONS LIMITED at £10.4m based on Net Assets of £4.4m and 2.36x industry multiple (adjusted for liquidity).
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Technological Business Solutions LimitedOverview
Technological Business Solutions Limited is a live company located in newbury, RG14 2PZ with a Companies House number of 02904276. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 1994, it's largest shareholder is
totalmobile holdings ltd
with a 100% stake. Technological Business Solutions Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£943.7k with
declining
growth in recent years.
Technological Business Solutions Limited Health Check
Pomanda's financial health check has awarded Technological Business Solutions Limited a 2.5 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 Rating2.5out of 5
2 Strong
1 Regular
8 Weak
Size
annual sales of £943.7k, make it smaller than the average company (£4.6m)
£943.7k - Technological Business Solutions Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (10.3%)
-33% - Technological Business Solutions Limited
10.3% - Industry AVG
Production
with a gross margin of 42.3%, this company has a higher cost of product (71.7%)
42.3% - Technological Business Solutions Limited
71.7% - Industry AVG
Profitability
an operating margin of 127.7% make it more profitable than the average company (3.4%)
127.7% - Technological Business Solutions Limited
3.4% - Industry AVG
Employees
with 14 employees, this is below the industry average (42)
14 - Technological Business Solutions Limited
42 - Industry AVG
Pay Structure
on an average salary of £71.8k, the company has an equivalent pay structure (£71.8k)
£71.8k - Technological Business Solutions Limited
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £67.4k, this is less efficient (£122.9k)
£67.4k - Technological Business Solutions Limited
£122.9k - Industry AVG
Debtor Days
it gets paid by customers after 108 days, this is later than average (58 days)
108 days - Technological Business Solutions Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (41 days)
13 days - Technological Business Solutions Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Technological Business Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (17 weeks)
4 weeks - Technological Business Solutions Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (63.2%)
24.3% - Technological Business Solutions Limited
63.2% - Industry AVG
TECHNOLOGICAL BUSINESS SOLUTIONS LIMITED financials
EXPORT
Technological Business Solutions Limited's latest turnover from December 2023 is estimated at £943.7 thousand and the company has net assets of £4.4 million. According to their latest financial statements, Technological Business Solutions Limited has 14 employees and maintains cash reserves of £128.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Jan 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
943,748
1,102,600
2,641,532
3,088,662
2,727,607
1,981,391
2,386,639
1,714,776
1,852,492
1,335,404
1,456,779
2,402,311
2,084,358
807,857
219,806
Other Income Or Grants
Cost Of Sales
544,151
637,560
234,537
300,798
270,924
164,464
1,411,784
997,781
1,081,929
731,510
831,172
1,308,054
1,085,897
405,309
120,078
Gross Profit
399,597
465,040
2,406,995
2,787,864
2,456,683
1,816,927
974,855
716,995
770,564
603,894
625,607
1,094,257
998,462
402,548
99,728
Admin Expenses
-805,166
-568,210
1,373,551
2,069,048
2,235,393
1,534,901
977,014
704,520
783,088
492,717
566,408
1,200,097
904,927
236,772
68,118
Operating Profit
1,204,763
1,033,250
1,033,444
718,816
221,290
282,026
-2,159
12,475
-12,524
111,177
59,199
-105,840
93,535
165,776
31,610
Interest Payable
283
494
2,682
Interest Receivable
10,189
8,001
931
640
1,404
1,215
462
112
557
1,025
580
Pre-Tax Profit
1,214,952
1,041,251
1,033,161
718,322
221,290
279,344
-1,228
13,115
-11,120
112,392
59,661
-105,728
94,092
166,801
32,190
Tax
-303,738
-197,838
46,973
1,565
44,426
-52,387
-2,623
-23,602
-13,722
-24,464
-46,704
-9,013
Profit After Tax
911,214
843,413
1,080,134
719,887
265,716
226,957
-1,228
10,492
-11,120
88,790
45,939
-105,728
69,628
120,097
23,177
Dividends Paid
Retained Profit
911,214
843,413
1,080,134
719,887
265,716
226,957
-1,228
10,492
-11,120
88,790
45,939
-105,728
69,628
120,097
23,177
Employee Costs
1,005,309
1,157,483
997,761
1,420,564
1,360,158
1,208,412
2,183,868
1,993,691
1,727,557
481,660
538,802
888,397
782,027
302,218
97,990
Number Of Employees
14
17
20
26
32
35
37
35
32
9
10
17
15
6
2
EBITDA*
1,206,393
1,035,019
1,035,266
720,736
227,451
282,806
7,210
22,018
-3,927
120,136
75,886
-58,665
134,119
224,912
62,199
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Jan 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
1,630
3,399
1,124
3,044
7,224
3,307
6,083
4,101
6,707
8,423
17,726
26,418
28,521
33,634
Intangible Assets
Investments & Other
6,635
25,943
28,309
Debtors (Due After 1 year)
Total Fixed Assets
1,630
3,399
1,124
3,044
7,224
9,942
32,026
32,410
6,707
8,423
17,726
26,418
28,521
33,634
Stock & work in progress
42,601
138,945
42,822
72,161
18,307
Trade Debtors
280,244
348,125
371,141
481,947
337,121
629,992
812,141
443,313
446,675
386,774
398,982
660,511
577,034
216,667
55,993
Group Debtors
5,329,450
2,935,484
3,100,949
2,026,521
861,528
Misc Debtors
99,553
253,448
296,156
204,887
241,680
157,021
146,391
68,772
84,126
303,976
534,785
Cash
128,281
259,884
197,314
418,778
485,541
432,419
120,481
251,987
259,903
301,602
184,379
392
44,494
178,132
231,966
misc current assets
total current assets
5,837,528
3,796,941
3,965,560
3,132,133
1,925,870
1,219,432
1,079,013
764,072
790,704
688,376
625,962
799,848
664,350
770,936
841,051
total assets
5,837,528
3,798,571
3,968,959
3,133,257
1,928,914
1,226,656
1,088,955
796,098
823,114
695,083
634,385
817,574
690,768
799,457
874,685
Bank overdraft
Bank loan
Trade Creditors
20,589
21,862
14,244
34,837
56,388
108,271
51,637
23,853
428,749
403,180
431,272
660,400
427,866
606,183
258,864
Group/Directors Accounts
907,958
821,613
499,839
542,644
other short term finances
hp & lease commitments
other current liabilities
1,399,568
270,552
384,013
694,197
509,964
521,378
697,816
398,653
total current liabilities
1,420,157
292,414
1,306,215
1,550,647
1,066,191
629,649
749,453
422,506
428,749
403,180
431,272
660,400
427,866
606,183
801,508
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
49,455
82,317
113,582
provisions
total long term liabilities
49,455
82,317
113,582
total liabilities
1,420,157
292,414
1,306,215
1,550,647
1,066,191
629,649
798,908
504,823
542,331
403,180
431,272
660,400
427,866
606,183
801,508
net assets
4,417,371
3,506,157
2,662,744
1,582,610
862,723
597,007
290,047
291,275
280,783
291,903
203,113
157,174
262,902
193,274
73,177
total shareholders funds
4,417,371
3,506,157
2,662,744
1,582,610
862,723
597,007
290,047
291,275
280,783
291,903
203,113
157,174
262,902
193,274
73,177
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Jan 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
1,204,763
1,033,250
1,033,444
718,816
221,290
282,026
-2,159
12,475
-12,524
111,177
59,199
-105,840
93,535
165,776
31,610
Depreciation
1,630
1,769
1,822
1,920
6,161
780
9,369
9,543
8,597
8,959
16,687
47,175
40,584
59,136
30,589
Amortisation
Tax
-303,738
-197,838
46,973
1,565
44,426
-52,387
-2,623
-23,602
-13,722
-24,464
-46,704
-9,013
Stock
-42,601
-96,344
96,123
-29,339
53,854
18,307
Debtors
2,172,190
-231,189
1,054,891
1,273,026
481,797
-171,519
446,447
-18,716
144,027
-12,208
-261,529
83,477
56,391
-70,135
590,778
Creditors
-1,273
7,618
-20,593
-21,551
4,751
56,634
27,784
-404,896
25,569
-28,092
-229,128
232,534
-178,317
347,319
258,864
Accruals and Deferred Income
1,129,016
-113,461
-310,184
184,233
-187,852
-176,438
299,163
398,653
Deferred Taxes & Provisions
Cash flow from operations
-141,792
962,527
-303,429
-388,043
-393,021
282,134
-112,290
31,868
-122,385
123,251
190,909
-5,731
-95,714
541,808
-297,035
Investing Activities
capital expenditure
-4,097
-5,898
-4,697
-6,593
-11,525
-5,991
-7,243
-7,384
-38,483
-38,481
-54,023
-64,223
Change in Investments
-6,635
-6,635
-19,308
-2,366
28,309
cash flow from investments
-4,097
737
1,938
12,715
-9,159
-34,300
-7,243
-7,384
-38,483
-38,481
-54,023
-64,223
Financing Activities
Bank loans
Group/Directors Accounts
-907,958
86,345
321,774
499,839
-542,644
542,644
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-49,455
-49,455
-32,862
-31,265
113,582
share issue
306,960
80,003
50,000
interest
10,189
8,001
-283
-494
-2,682
931
640
1,404
1,215
462
112
557
1,025
580
cash flow from financing
10,189
-899,957
86,062
321,280
757,344
27,866
-31,931
-30,625
114,986
1,215
462
112
557
-541,619
593,224
cash and cash equivalents
cash
-131,603
62,570
-221,464
-66,763
365,060
311,938
-131,506
-7,916
-41,699
117,223
183,987
-44,102
-133,638
-53,834
231,966
overdraft
change in cash
-131,603
62,570
-221,464
-66,763
365,060
311,938
-131,506
-7,916
-41,699
117,223
183,987
-44,102
-133,638
-53,834
231,966
technological business solutions 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 technological business solutions limited. Get real-time insights into technological business solutions limited's credit score, group structure and payment trends.
Technological Business Solutions Limited Competitor Analysis
Perform a competitor analysis for technological business solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in RG14 area or any other competitors across 12 key performance metrics.
technological business solutions limited Ownership
TECHNOLOGICAL BUSINESS SOLUTIONS LIMITED group structure
Technological Business Solutions Limited has no subsidiary companies.
TECHNOLOGICAL BUSINESS SOLUTIONS LIMITED Shareholders
The sole shareholder of Technological Business Solutions Limited is Totalmobile Holdings Ltd.
totalmobile holdings ltd
100%
technological business solutions limited directors
Technological Business Solutions Limited currently has 2 directors.
The longest serving directors include
Mr Andrew Murrell (Aug 2023) and
Mr Phil Race (Feb 2024).
technological business solutions limited company details
company number
02904276
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
March 1994
age
31
incorporated
UK
ultimate parent company
MOBILISE TOPCO LTD
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
jokekit limited (March 1994)
accountant
-
auditor
-
address
rivergate house london road, newbury, RG14 2PZ
Bank
YORKSHIRE BANK PLC
Legal Advisor
PINSENT MASONS BELFAST LLP
technological business solutions 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 8 charges/mortgages relating to technological business solutions limited. Currently there are 0 open charges and 8 have been satisfied in the past.
technological business solutions 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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technological business solutions limitedCompanies House Filings - See Documents
