youdevise limited
youdevise limited Company Information
Company Number
03331176
Website
www.youdevise.comRegistered Address
c/o ion 10 queen st place, 2nd floor, london, EC4R 1BE
Industry
Business and domestic software development
Telephone
08456809598
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mergermarket bidco limited 100%
youdevise limited Estimated Valuation
Pomanda estimates the enterprise value of YOUDEVISE LIMITED at £107.2m based on a Turnover of £53.5m and 2x industry multiple (adjusted for size and gross margin).
youdevise limited Estimated Valuation
Pomanda estimates the enterprise value of YOUDEVISE LIMITED at £711m based on an EBITDA of £50.6m and a 14.06x industry multiple (adjusted for size and gross margin).
youdevise limited Estimated Valuation
Pomanda estimates the enterprise value of YOUDEVISE LIMITED at £122.1m based on Net Assets of £54.1m and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Youdevise Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Youdevise Limited Overview
Youdevise Limited is a live company located in london, EC4R 1BE with a Companies House number of 03331176. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 1997, it's largest shareholder is mergermarket bidco limited with a 100% stake. Youdevise Limited is a mature, large sized company, Pomanda has estimated its turnover at £53.5m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Youdevise Limited Health Check
Pomanda's financial health check has awarded Youdevise Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
4 Weak
Size
annual sales of £53.5m, make it larger than the average company (£3.6m)
£53.5m - Youdevise Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 89%, show it is growing at a faster rate (7.6%)
89% - Youdevise Limited
7.6% - Industry AVG
Production
with a gross margin of 97.5%, this company has a lower cost of product (72.2%)
97.5% - Youdevise Limited
72.2% - Industry AVG
Profitability
an operating margin of 92.3% make it more profitable than the average company (3.7%)
92.3% - Youdevise Limited
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
1 - Youdevise Limited
33 - Industry AVG
Pay Structure
on an average salary of £140k, the company has a higher pay structure (£67.6k)
£140k - Youdevise Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £53.5m, this is more efficient (£114.3k)
£53.5m - Youdevise Limited
£114.3k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (60 days)
12 days - Youdevise Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (46 days)
19 days - Youdevise Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Youdevise Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (19 weeks)
6 weeks - Youdevise Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.5%, this is a lower level of debt than the average (62.2%)
26.5% - Youdevise Limited
62.2% - Industry AVG
youdevise limited Credit Report and Business Information
Youdevise Limited Competitor Analysis
Perform a competitor analysis for youdevise limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
youdevise limited Ownership
YOUDEVISE LIMITED group structure
Youdevise Limited has no subsidiary companies.
Ultimate parent company
BESSEL CAPITAL SARL
#0066309
2 parents
YOUDEVISE LIMITED
03331176
youdevise limited directors
Youdevise Limited currently has 3 directors. The longest serving directors include Mr Kunal Gullapalli (Nov 2019) and Mr Kunal Gullapalli (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kunal Gullapalli | England | 39 years | Nov 2019 | - | Director |
| Mr Kunal Gullapalli | England | 39 years | Nov 2019 | - | Director |
| Mr Paul Evans | England | 49 years | Sep 2023 | - | Director |
YOUDEVISE LIMITED financials
Youdevise Limited's latest turnover from December 2022 is £53.5 million and the company has net assets of £54.1 million. According to their latest financial statements, Youdevise Limited has 1 employee and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 53,492,000 | 4,954,000 | 5,664,000 | 7,984,000 | 13,801,522 | 13,852,775 | 12,590,328 | 11,262,939 | 10,577,812 | 10,444,186 | 9,207,655 | 9,065,061 | 6,265,280 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 1,341,000 | 1,670,000 | 1,331,000 | 2,608,000 | 2,539,004 | 3,246,816 | 3,818,796 | 3,792,475 | 3,723,125 | 4,035,792 | 3,974,701 | 3,377,012 | 1,695,253 | |
| Gross Profit | 52,151,000 | 3,284,000 | 4,333,000 | 5,376,000 | 11,262,518 | 10,605,959 | 8,771,532 | 7,470,464 | 6,854,687 | 6,408,394 | 5,232,954 | 5,688,049 | 4,570,027 | |
| Admin Expenses | 2,784,000 | 2,270,000 | 4,275,000 | 4,931,000 | 11,012,175 | 10,294,392 | 8,471,912 | 7,940,359 | 8,986,790 | 7,592,160 | 6,924,173 | 6,855,714 | 3,698,936 | |
| Operating Profit | 49,367,000 | 1,014,000 | 58,000 | 445,000 | 250,343 | 311,567 | 299,620 | -469,895 | -2,132,103 | -1,183,766 | -1,691,219 | -1,167,665 | 871,091 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 5,518 | 53,253 | 83,876 | 165,645 | 198,323 | 46,852 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 10 | 792 | 0 | 0 | 0 | 38 | 1,490 | 1,683 | 1,486 | |
| Pre-Tax Profit | 49,367,000 | 1,014,000 | 58,000 | 445,000 | 2,503,444 | 306,841 | 246,367 | -553,771 | -2,297,748 | -1,382,051 | -1,736,581 | -1,165,982 | 872,577 | |
| Tax | -8,000 | 49,000 | -214,000 | -10,000 | -243,149 | -287,942 | 437,503 | 420,990 | 476,268 | 486,092 | 704,249 | 598,973 | 77,395 | |
| Profit After Tax | 49,359,000 | 1,063,000 | -156,000 | 435,000 | 2,260,295 | 18,899 | 683,870 | -132,781 | -1,821,480 | -895,959 | -1,032,332 | -567,009 | 949,972 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 49,359,000 | 1,063,000 | -156,000 | 435,000 | 2,260,295 | 18,899 | 683,870 | -132,781 | -1,821,480 | -895,959 | -1,032,332 | -567,009 | 949,972 | |
| Employee Costs | 140,000 | 497,000 | 586,000 | 2,745,000 | 4,213,388 | 5,460,327 | 5,321,382 | 5,064,958 | 4,656,543 | 4,858,561 | 4,831,438 | 4,077,328 | 2,216,253 | |
| Number Of Employees | 1 | 4 | 8 | 28 | 59 | 75 | 76 | 77 | 82 | 92 | 92 | 91 | 62 | |
| EBITDA* | 50,555,000 | 2,888,000 | 3,010,000 | 3,139,000 | 2,966,199 | 3,039,962 | 664,385 | -121,621 | -1,409,106 | 1,629,379 | -1,115,345 | 490,837 | 1,774,948 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 43,000 | 1,000 | 3,000 | 6,000 | 98,608 | 168,828 | 403,693 | 366,711 | 106,216 | 270,682 | 535,951 | 781,041 | 315,823 | 43,096 |
| Intangible Assets | 806,000 | 1,991,000 | 3,312,000 | 4,678,000 | 5,081,271 | 5,283,260 | 5,330,286 | 5,197,380 | 5,553,980 | 7,080,027 | 6,724,285 | 5,703,332 | 2,146,199 | 1,620,033 |
| Investments & Other | 1,000 | 1,000 | 1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 961 |
| Debtors (Due After 1 year) | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 828,000 | 1,992,000 | 3,315,000 | 4,684,000 | 5,179,879 | 5,452,088 | 5,733,979 | 5,564,091 | 5,660,196 | 7,350,709 | 7,260,236 | 6,484,373 | 2,462,022 | 1,664,090 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,764,000 | 1,444,000 | 1,637,000 | 1,919,000 | 3,385,563 | 5,670,782 | 4,528,294 | 3,506,909 | 1,969,555 | 2,332,774 | 2,791,690 | 2,119,799 | 1,206,341 | 945,386 |
| Group Debtors | 68,239,000 | 16,286,000 | 12,635,000 | 5,489,000 | 7,303,416 | 1,013,642 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 59,000 | 60,000 | 182,000 | 341,000 | 593,134 | 665,006 | 1,102,401 | 1,073,577 | 1,146,538 | 1,274,883 | 1,350,753 | 1,245,197 | 668,674 | 0 |
| Cash | 2,601,000 | 1,857,000 | 1,763,000 | 1,019,000 | 3,776,862 | 2,996,198 | 680,439 | 1,221,915 | 1,902,961 | 1,100,903 | 659,183 | 933,153 | 1,775,531 | 608,560 |
| misc current assets | 37,000 | 0 | 21,000 | 79,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 72,700,000 | 19,647,000 | 16,238,000 | 8,847,000 | 15,058,975 | 10,345,628 | 6,311,134 | 5,802,401 | 5,019,054 | 4,708,560 | 4,801,626 | 4,298,149 | 3,650,546 | 1,553,946 |
| total assets | 73,528,000 | 21,639,000 | 19,553,000 | 13,531,000 | 20,238,854 | 15,797,716 | 12,045,113 | 11,366,492 | 10,679,250 | 12,059,269 | 12,061,862 | 10,782,522 | 6,112,568 | 3,218,036 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 804,468 | 0 | 0 | 0 | 85,278 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 715,428 | 722,608 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 71,000 | 21,000 | 102,000 | 118,000 | 70,230 | 289,618 | 398,594 | 323,587 | 728,549 | 620,743 | 227,960 | 301,359 | 147,831 | 1,951,760 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 5,381,020 | 1,252,528 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,219 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 19,401,000 | 16,911,000 | 15,746,000 | 9,499,000 | 9,613,946 | 11,448,192 | 9,349,129 | 8,813,231 | 7,411,453 | 7,174,396 | 6,581,565 | 5,548,666 | 3,587,427 | 0 |
| total current liabilities | 19,472,000 | 16,932,000 | 15,848,000 | 9,617,000 | 15,065,196 | 12,990,338 | 10,463,151 | 9,859,426 | 8,944,470 | 8,045,358 | 6,809,525 | 5,850,025 | 3,820,536 | 1,951,760 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 594,514 | 804,468 | 1,251,094 | 1,501,313 | 0 | 0 | 0 |
| hp & lease commitments | 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 | 83,801 | 197,464 | 319,483 | 95,139 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 20,000 | 142,000 | 248,000 | 127,769 | 0 | 3,000 | 0 | 0 | 0 | 0 | 13,845 | 11,602 | 0 |
| total long term liabilities | 0 | 10,000 | 71,000 | 124,000 | 127,769 | 0 | 3,000 | 594,514 | 804,468 | 1,334,895 | 1,698,777 | 333,328 | 106,741 | 0 |
| total liabilities | 19,472,000 | 16,942,000 | 15,919,000 | 9,741,000 | 15,192,965 | 12,990,338 | 10,466,151 | 10,453,940 | 9,748,938 | 9,380,253 | 8,508,302 | 6,183,353 | 3,927,277 | 1,951,760 |
| net assets | 54,056,000 | 4,697,000 | 3,634,000 | 3,790,000 | 5,045,889 | 2,807,378 | 1,578,962 | 912,552 | 930,312 | 2,679,016 | 3,553,560 | 4,599,169 | 2,185,291 | 1,266,276 |
| total shareholders funds | 54,056,000 | 4,697,000 | 3,634,000 | 3,790,000 | 5,045,889 | 2,807,378 | 1,578,962 | 912,552 | 930,312 | 2,679,016 | 3,553,560 | 4,599,169 | 2,185,291 | 1,266,276 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 49,367,000 | 1,014,000 | 58,000 | 445,000 | 250,343 | 311,567 | 299,620 | -469,895 | -2,132,103 | -1,183,766 | -1,691,219 | -1,167,665 | 871,091 | |
| Depreciation | 0 | 2,000 | 3,000 | 17,000 | 74,859 | 156,107 | 134,765 | 118,274 | 213,990 | 323,369 | 247,055 | 261,726 | 60,472 | 547,146 |
| Amortisation | 1,188,000 | 1,872,000 | 2,949,000 | 2,677,000 | 2,640,997 | 2,572,288 | 230,000 | 230,000 | 509,007 | 2,489,776 | 328,819 | 1,396,776 | 843,385 | 24,606 |
| Tax | -8,000 | 49,000 | -214,000 | -10,000 | -243,149 | -287,942 | 437,503 | 420,990 | 476,268 | 486,092 | 704,249 | 598,973 | 77,395 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 52,293,000 | 3,336,000 | 6,705,000 | -3,533,113 | 3,932,683 | 1,718,735 | 1,050,209 | 1,464,393 | -491,564 | -534,786 | 777,447 | 1,489,981 | 929,629 | 945,386 |
| Creditors | 50,000 | -81,000 | -16,000 | 47,770 | -219,388 | -108,976 | 75,007 | -404,962 | 107,806 | 392,783 | -73,399 | 153,528 | -1,803,929 | 1,951,760 |
| Accruals and Deferred Income | 2,490,000 | 1,165,000 | 6,247,000 | -114,946 | -1,834,246 | 2,099,063 | 535,898 | 1,401,778 | 153,256 | 479,168 | 910,880 | 2,185,583 | 3,682,566 | 0 |
| Deferred Taxes & Provisions | -20,000 | -122,000 | -106,000 | 120,231 | 127,769 | -3,000 | 3,000 | 0 | 0 | 0 | -13,845 | 2,243 | 11,602 | 0 |
| Cash flow from operations | 774,000 | 563,000 | 2,216,000 | 6,715,168 | -3,135,498 | 3,020,372 | 665,584 | -168,208 | -180,212 | 3,522,208 | -364,907 | 1,941,183 | 2,812,953 | |
| Investing Activities | ||||||||||||||
| capital expenditure | -2,416,835 | -2,604,106 | -2,783,430 | -2,591,625 | -2,379,876 | -2,903,618 | -3,023,794 | -3,356,912 | -1,703,308 | |||||
| Change in Investments | 0 | 0 | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -961 | 961 |
| cash flow from investments | -2,416,835 | -2,604,106 | -2,783,430 | -2,591,625 | -2,379,876 | -2,903,618 | -3,023,794 | -3,356,912 | -1,702,347 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -715,428 | -7,180 | 722,608 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -5,381,020 | 4,128,492 | 1,252,528 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -250,219 | 250,219 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -594,514 | -209,954 | -446,626 | -250,219 | 1,501,313 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 10 | -4,726 | -53,253 | -83,876 | -165,645 | -198,285 | -45,362 | 1,683 | 1,486 | |
| cash flow from financing | 0 | 0 | 0 | -7,071,909 | 4,106,718 | 1,741,891 | -672,407 | 543,799 | -789,714 | -176,870 | 1,442,674 | 2,982,570 | -29,471 | |
| cash and cash equivalents | ||||||||||||||
| cash | 744,000 | 94,000 | 744,000 | -2,757,862 | 780,664 | 2,315,759 | -541,476 | -681,046 | 802,058 | 441,720 | -273,970 | -842,378 | 1,166,971 | 608,560 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -804,468 | 804,468 | 0 | 0 | -85,278 | 85,278 | 0 |
| change in cash | 744,000 | 94,000 | 744,000 | -2,757,862 | 780,664 | 2,315,759 | -541,476 | 123,422 | -2,410 | 441,720 | -273,970 | -757,100 | 1,081,693 | 608,560 |
P&L
December 2022turnover
53.5m
+980%
operating profit
49.4m
+4769%
gross margin
97.5%
+47.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
54.1m
+10.51%
total assets
73.5m
+2.4%
cash
2.6m
+0.4%
net assets
Total assets minus all liabilities
Similar Companies
youdevise limited company details
company number
03331176
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
March 1997
age
27
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
tenfold systems uk limited (February 2003)
incorporated
UK
address
c/o ion 10 queen st place, 2nd floor, london, EC4R 1BE
last accounts submitted
December 2022
youdevise 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 9 charges/mortgages relating to youdevise limited. Currently there are 0 open charges and 9 have been satisfied in the past.
youdevise limited Companies House Filings - See Documents
| date | description | view/download |
|---|
