future computing limited

future computing limited Company Information

Share FUTURE COMPUTING LIMITED
Live 
MatureSmallDeclining

Company Number

03032850

Industry

Business and domestic software development

 

Shareholders

dr sonjoy kumar premi

mrs sunanda premi

Group Structure

View All

Contact

Registered Address

55 staines road west, sunbury-on-thames, TW16 7AH

future computing limited Estimated Valuation

£748.1k

Pomanda estimates the enterprise value of FUTURE COMPUTING LIMITED at £748.1k based on a Turnover of £1m and 0.72x industry multiple (adjusted for size and gross margin).

future computing limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FUTURE COMPUTING LIMITED at £0 based on an EBITDA of £-14.6k and a 4.3x industry multiple (adjusted for size and gross margin).

future computing limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of FUTURE COMPUTING LIMITED at £1.2m based on Net Assets of £513.2k and 2.37x industry multiple (adjusted for liquidity).

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Future Computing Limited Overview

Future Computing Limited is a live company located in sunbury-on-thames, TW16 7AH with a Companies House number of 03032850. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 1995, it's largest shareholder is dr sonjoy kumar premi with a 50% stake. Future Computing Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.

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Future Computing Limited Health Check

Pomanda's financial health check has awarded Future Computing Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£4.1m)

£1m - Future Computing Limited

£4.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (11.3%)

0% - Future Computing Limited

11.3% - Industry AVG

production

Production

with a gross margin of 42.4%, this company has a higher cost of product (72.6%)

42.4% - Future Computing Limited

72.6% - Industry AVG

profitability

Profitability

an operating margin of -1.4% make it less profitable than the average company (4%)

-1.4% - Future Computing Limited

4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (35)

2 - Future Computing Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £69.3k, the company has an equivalent pay structure (£69.3k)

£69.3k - Future Computing Limited

£69.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £522.2k, this is more efficient (£125k)

£522.2k - Future Computing Limited

£125k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 179 days, this is later than average (56 days)

179 days - Future Computing Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (39 days)

0 days - Future Computing Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Future Computing Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Future Computing Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (58.3%)

0.1% - Future Computing Limited

58.3% - Industry AVG

FUTURE COMPUTING LIMITED financials

EXPORTms excel logo

Future Computing Limited's latest turnover from June 2024 is estimated at £1 million and the company has net assets of £513.2 thousand. According to their latest financial statements, Future Computing Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover1,044,3121,004,0671,007,2371,053,827995,1921,012,6201,137,3501,120,7061,914,74131,46524,698104,53588,60470,311151,505
Other Income Or Grants000000000000000
Cost Of Sales601,607582,361565,283598,864566,633595,599666,865634,3881,085,38617,49714,00457,65046,62037,03182,731
Gross Profit442,706421,706441,954454,963428,559417,020470,484486,318829,35513,96710,69546,88541,98433,28068,774
Admin Expenses457,340441,098454,654453,004422,110460,901457,951449,220774,168-32,566-22,941-22,15217,717-15,864-65,661
Operating Profit-14,634-19,392-12,7001,9596,449-43,88112,53337,09855,18746,53333,63669,03724,26749,144134,435
Interest Payable000000000000000
Interest Receivable000000001,3862,6462,4032,1551,9921,87711,830
Pre-Tax Profit-14,634-19,392-12,7001,9596,449-43,88112,53337,09856,57449,17936,03971,19226,25951,020146,265
Tax000-372-1,2250-2,381-7,049-11,315-9,836-7,568-16,374-6,302-13,265-30,837
Profit After Tax-14,634-19,392-12,7001,5875,224-43,88110,15230,04945,25939,34328,47154,81819,95737,755115,428
Dividends Paid0000000000000080,000
Retained Profit-14,634-19,392-12,7001,5875,224-43,88110,15230,04945,25939,34328,47154,81819,95737,75535,428
Employee Costs138,586133,277125,670118,123113,367120,632118,681114,256651,14053,73853,84451,85352,44850,37099,353
Number Of Employees2222222212111112
EBITDA*-14,634-19,392-12,7001,9596,449-43,88112,53337,09855,18747,29534,65369,39124,57349,831135,275

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets003775026698921,1901,5861,7162,2883,0501,728665411609
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets003775026698921,1901,5861,7162,2883,0501,728665411609
Stock & work in progress000000000000000
Trade Debtors513,745538,074557,089577,561576,527575,279624,791626,268598,2460027,97223,60418,56416,208
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000000554,560503,723457,667404,223392,649358,013
misc current assets000000000000000
total current assets513,745538,074557,089577,561576,527575,279624,791626,268598,246554,560503,723485,639427,827411,213374,221
total assets513,745538,074557,466578,063577,196576,171625,981627,854599,962556,848506,773487,367428,492411,624374,830
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 50810,20310,20315,35016,41520,61426,54340,97343,13044,61733,73343,50839,45142,5400
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000000000000043,501
total current liabilities50810,20310,20315,35016,41520,61426,54340,97343,13044,61733,73343,50839,45142,54043,501
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income0002,7502,4052,4052,40500000000
other liabilities000000000000000
provisions0000000004586100000
total long term liabilities0002,7502,4052,4052,405004586100000
total liabilities50810,20310,20318,10018,82023,01928,94840,97343,13045,07534,34343,50839,45142,54043,501
net assets513,237527,871547,263559,963558,376553,152597,033586,881556,832511,773472,430443,859389,041369,084331,329
total shareholders funds513,237527,871547,263559,963558,376553,152597,033586,881556,832511,773472,430443,859389,041369,084331,329
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-14,634-19,392-12,7001,9596,449-43,88112,53337,09855,18746,53333,63669,03724,26749,144134,435
Depreciation0000000007621,017354306687840
Amortisation000000000000000
Tax000-372-1,2250-2,381-7,049-11,315-9,836-7,568-16,374-6,302-13,265-30,837
Stock000000000000000
Debtors-24,329-19,015-20,4721,0341,248-49,512-1,47728,022598,2460-27,9724,3685,0402,35616,208
Creditors-9,6950-5,147-1,065-4,199-5,929-14,430-2,157-1,48710,884-9,7754,057-3,08942,5400
Accruals and Deferred Income00-2,750345002,405000000-43,50143,501
Deferred Taxes & Provisions00000000-458-1526100000
Cash flow from operations0-377-125-167-223-298-396-130-556,31948,19145,89252,70610,14233,249131,731
Investing Activities
capital expenditure03771251672232983961305720-2,339-1,417-560-489-1,449
Change in Investments000000000000000
cash flow from investments03771251672232983961305720-2,339-1,417-560-489-1,449
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000-2000100000295,901
interest000000001,3862,6462,4032,1551,9921,87711,830
cash flow from financing000000001,1862,6462,5032,1551,9921,877307,731
cash and cash equivalents
cash00000000-554,56050,83746,05653,44411,57434,636358,013
overdraft000000000000000
change in cash00000000-554,56050,83746,05653,44411,57434,636358,013

future computing 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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Future Computing Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for future computing limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in TW16 area or any other competitors across 12 key performance metrics.

future computing limited Ownership

FUTURE COMPUTING LIMITED group structure

Future Computing Limited has no subsidiary companies.

Ultimate parent company

FUTURE COMPUTING LIMITED

03032850

FUTURE COMPUTING LIMITED Shareholders

dr sonjoy kumar premi 50%
mrs sunanda premi 50%

future computing limited directors

Future Computing Limited currently has 2 directors. The longest serving directors include Sonjoy Premi (Mar 1995) and Mrs Sunanda Premi (Jul 2004).

officercountryagestartendrole
Sonjoy Premi65 years Mar 1995- Director
Mrs Sunanda Premi58 years Jul 2004- Director

P&L

June 2024

turnover

1m

+4%

operating profit

-14.6k

0%

gross margin

42.4%

+0.93%

turnover

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

Balance Sheet

June 2024

net assets

513.2k

-0.03%

total assets

513.7k

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

future computing limited company details

company number

03032850

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

March 1995

age

30

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

55 staines road west, sunbury-on-thames, TW16 7AH

Bank

BARCLAYS BANK PLC

Legal Advisor

-

future computing 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 future computing limited.

future computing 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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future computing limited Companies House Filings - See Documents

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