fasthosts internet limited

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fasthosts internet limited Company Information

Share FASTHOSTS INTERNET LIMITED

Company Number

03656438

Shareholders

1 & 1 uk holdings ltd

Group Structure

View All

Industry

Other information technology and computer service activities

 

Registered Address

2 cathedral walk the forum, gloucester, GL1 1AU

fasthosts internet limited Estimated Valuation

£72.2m

Pomanda estimates the enterprise value of FASTHOSTS INTERNET LIMITED at £72.2m based on a Turnover of £45.3m and 1.59x industry multiple (adjusted for size and gross margin).

fasthosts internet limited Estimated Valuation

£92.5m

Pomanda estimates the enterprise value of FASTHOSTS INTERNET LIMITED at £92.5m based on an EBITDA of £8.5m and a 10.83x industry multiple (adjusted for size and gross margin).

fasthosts internet limited Estimated Valuation

£23.8m

Pomanda estimates the enterprise value of FASTHOSTS INTERNET LIMITED at £23.8m based on Net Assets of £10.6m and 2.25x industry multiple (adjusted for liquidity).

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Fasthosts Internet Limited Overview

Fasthosts Internet Limited is a live company located in gloucester, GL1 1AU with a Companies House number of 03656438. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 1998, it's largest shareholder is 1 & 1 uk holdings ltd with a 100% stake. Fasthosts Internet Limited is a mature, large sized company, Pomanda has estimated its turnover at £45.3m with healthy growth in recent years.

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Fasthosts Internet Limited Health Check

Pomanda's financial health check has awarded Fasthosts Internet Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £45.3m, make it larger than the average company (£7.3m)

£45.3m - Fasthosts Internet Limited

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8%)

4% - Fasthosts Internet Limited

8% - Industry AVG

production

Production

with a gross margin of 54%, this company has a comparable cost of product (51.5%)

54% - Fasthosts Internet Limited

51.5% - Industry AVG

profitability

Profitability

an operating margin of 14.2% make it more profitable than the average company (3.5%)

14.2% - Fasthosts Internet Limited

3.5% - Industry AVG

employees

Employees

with 170 employees, this is above the industry average (43)

170 - Fasthosts Internet Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.6k, the company has an equivalent pay structure (£74.2k)

£60.6k - Fasthosts Internet Limited

£74.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £266.7k, this is more efficient (£178.1k)

£266.7k - Fasthosts Internet Limited

£178.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 19 days, this is earlier than average (52 days)

19 days - Fasthosts Internet Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (33 days)

25 days - Fasthosts Internet Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fasthosts Internet Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)

0 weeks - Fasthosts Internet Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.4%, this is a similar level of debt than the average (64.7%)

65.4% - Fasthosts Internet Limited

64.7% - Industry AVG

FASTHOSTS INTERNET LIMITED financials

EXPORTms excel logo

Fasthosts Internet Limited's latest turnover from December 2023 is £45.3 million and the company has net assets of £10.6 million. According to their latest financial statements, Fasthosts Internet Limited has 170 employees and maintains cash reserves of £37 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover45,346,00044,302,00042,142,00040,298,00040,072,00040,059,00040,847,00039,564,00038,892,00038,310,00037,531,00036,696,00036,182,00033,642,00031,440,987
Other Income Or Grants
Cost Of Sales20,870,00020,873,00017,807,00016,915,00016,120,00013,854,00014,423,00013,316,00011,846,00012,006,00011,554,0009,465,00010,286,0009,599,00010,942,886
Gross Profit24,476,00023,429,00024,335,00023,383,00023,952,00026,205,00026,424,00026,248,00027,046,00026,304,00025,977,00027,231,00025,896,00024,043,00020,498,101
Admin Expenses18,012,00018,580,00016,580,00015,751,00015,591,00016,130,00014,030,00014,655,00019,629,00015,475,00019,673,00019,063,00018,203,00015,878,00012,102,261
Operating Profit6,464,0004,849,0007,755,0007,632,0008,361,00010,075,00012,394,00011,593,0007,417,00010,829,0006,304,0008,168,0007,693,0008,165,0008,395,840
Interest Payable5,0008,0008,00016,00066,00027,00044,000152,000155,00055,705
Interest Receivable1,546,000301,00012,00062,00095,00065,00050,000106,000139,000197,00098,0007,0001,00019,321
Pre-Tax Profit11,183,0008,206,00010,268,0008,936,00010,363,00011,758,00013,928,00012,985,00010,916,00011,768,0007,405,0009,378,0008,542,0008,910,0008,609,456
Tax-2,572,000-1,559,000-1,671,000-1,757,000-1,767,000-2,232,000-2,679,000-2,672,000-2,603,000-2,524,000-2,692,000-1,925,000-1,830,000-2,739,000-2,522,711
Profit After Tax8,611,0006,647,0008,597,0007,179,0008,596,0009,526,00011,249,00010,313,0008,313,0009,244,0004,713,0007,453,0006,712,0006,171,0006,086,745
Dividends Paid20,000,00014,500,0001,100,0008,000,0009,000,00011,500,00011,900,0008,000,0005,000,0006,000,0003,500,0005,000,0008,050,000
Retained Profit-11,389,0006,647,000-5,903,0007,179,0007,496,0001,526,0002,249,000-1,187,000-3,587,0001,244,000-287,0001,453,0003,212,0001,171,000-1,963,255
Employee Costs10,297,0009,344,0008,290,0007,824,0007,725,0007,443,0007,351,0007,595,0007,723,0007,290,0008,297,0008,236,0007,382,0006,120,0004,708,010
Number Of Employees170162154153158155161167176169177176164144119
EBITDA*8,541,0008,431,00010,804,00010,446,00011,005,00012,568,00014,763,00012,676,00010,264,00013,933,0009,733,00012,167,00011,384,00011,352,00010,637,317

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,257,0005,867,0008,458,0007,730,0006,381,0005,001,0004,208,0003,333,0004,115,0004,644,0004,534,0004,838,0006,744,0007,029,0005,664,462
Intangible Assets47,000105,00097,00091,00048,0008,00010,00019,0002,0005,0008,00010,00014,00019,336
Investments & Other4,684,0004,684,0007,456,0007,456,0009,203,0008,123,556
Debtors (Due After 1 year)921,0001,605,0001,539,0001,377,0001,296,0001,311,0001,147,000894,000760,000
Total Fixed Assets2,225,0007,577,0008,555,0009,360,0007,806,0006,305,0005,529,0004,499,0005,009,00010,090,0009,223,00012,302,00014,210,00016,246,00013,807,354
Stock & work in progress350,000527,000477,785
Trade Debtors2,369,0002,041,000674,000434,000616,000382,000389,000160,00047,000103,000180,000353,000296,000150,000172,646
Group Debtors20,550,00027,112,00017,454,00023,268,00019,145,00014,377,0001,592,0001,348,0009,821,00011,308,0009,511,000491,000488,000829,0002,675,209
Misc Debtors5,357,0005,091,0007,249,0005,546,0005,148,0005,340,0005,585,00010,594,0004,881,0004,866,0005,811,0006,725,0006,417,0005,468,0004,897,486
Cash37,00022,00066,00052,00038,000593,00010,778,0004,915,0002,514,0002,481,0001,578,0003,801,0001,051,0001,207,0001,085,343
misc current assets
total current assets28,313,00034,266,00025,443,00029,300,00024,947,00020,692,00018,344,00017,017,00017,263,00018,758,00017,080,00011,370,0008,602,0008,181,0009,308,469
total assets30,538,00041,843,00033,998,00038,660,00032,753,00026,997,00023,873,00021,516,00022,272,00028,848,00026,303,00023,672,00022,812,00024,427,00023,115,823
Bank overdraft
Bank loan
Trade Creditors 1,454,0001,457,000700,0001,372,000906,000309,0001,121,000636,0002,212,0001,816,0001,075,0001,206,000599,0001,228,0002,395,998
Group/Directors Accounts834,000554,000269,000242,000839,0002,072,000108,000273,000275,0003,967,0003,545,0001,410,0002,711,0007,245,0007,093,050
other short term finances
hp & lease commitments
other current liabilities14,955,00015,153,00015,257,00013,312,00014,522,00015,701,00015,243,00015,641,00013,904,00013,586,00015,393,00014,426,00014,291,00013,971,00012,813,581
total current liabilities17,243,00017,164,00016,226,00014,926,00016,267,00018,082,00016,472,00016,550,00016,391,00019,369,00020,013,00017,042,00017,601,00022,444,00022,302,629
loans
hp & lease commitments
Accruals and Deferred Income2,735,0002,730,0002,470,0002,524,0002,455,0002,380,0002,392,0002,206,0001,934,0001,945,000
other liabilities
provisions
total long term liabilities2,735,0002,730,0002,470,0002,524,0002,455,0002,380,0002,392,0002,206,0001,934,0001,945,000
total liabilities19,978,00019,894,00018,696,00017,450,00018,722,00020,462,00018,864,00018,756,00018,325,00021,314,00020,013,00017,042,00017,601,00022,444,00022,302,629
net assets10,560,00021,949,00015,302,00021,210,00014,031,0006,535,0005,009,0002,760,0003,947,0007,534,0006,290,0006,630,0005,211,0001,983,000813,194
total shareholders funds10,560,00021,949,00015,302,00021,210,00014,031,0006,535,0005,009,0002,760,0003,947,0007,534,0006,290,0006,630,0005,211,0001,983,000813,194
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit6,464,0004,849,0007,755,0007,632,0008,361,00010,075,00012,394,00011,593,0007,417,00010,829,0006,304,0008,168,0007,693,0008,165,0008,395,840
Depreciation2,019,0003,530,0003,015,0002,793,0002,636,0002,484,0002,360,0001,077,0002,845,0003,101,0003,426,0003,996,0003,687,0003,182,0002,236,962
Amortisation58,00052,00034,00021,0008,0009,0009,0006,0002,0003,0003,0003,0004,0005,0004,515
Tax-2,572,000-1,559,000-1,671,000-1,757,000-1,767,000-2,232,000-2,679,000-2,672,000-2,603,000-2,524,000-2,692,000-1,925,000-1,830,000-2,739,000-2,522,711
Stock-350,000-177,00049,215477,785
Debtors-6,652,00010,472,000-5,410,0004,501,0004,891,00012,518,000-4,372,000-2,394,000-1,394,0001,535,0007,933,000368,000754,000-1,298,3417,745,341
Creditors-3,000757,000-672,000466,000597,000-812,000485,000-1,576,000396,000741,000-131,000607,000-629,000-1,167,9982,395,998
Accruals and Deferred Income-193,000156,0001,891,000-1,141,000-1,104,000446,000-212,0002,009,000307,000138,000967,000135,000320,0001,157,41912,813,581
Deferred Taxes & Provisions
Cash flow from operations12,425,000-2,687,00015,762,0003,513,0003,840,000-2,548,00016,729,00012,831,0009,758,00010,753,000-56,00010,966,0008,668,0009,851,54715,101,059
Investing Activities
capital expenditure2,591,000-999,000-3,783,000-4,206,000-4,064,000-3,284,000-3,235,000-320,000-2,316,000-3,211,000-3,122,000-2,091,000-3,402,000-4,546,202-7,925,275
Change in Investments-4,684,000-2,772,000-1,747,0001,079,4448,123,556
cash flow from investments2,591,000-999,000-3,783,000-4,206,000-4,064,000-3,284,000-3,235,000-320,0002,368,000-3,211,000-350,000-2,091,000-1,655,000-5,625,646-16,048,831
Financing Activities
Bank loans
Group/Directors Accounts280,000285,00027,000-597,000-1,233,0001,964,000-165,000-2,000-3,692,000422,0002,135,000-1,301,000-4,534,000151,9507,093,050
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-5,000-53,000-34,00016,000-1,1942,776,449
interest1,546,000301,00012,00062,00095,00060,00042,00098,000123,000131,00071,000-37,000-151,000-155,000-36,384
cash flow from financing1,826,000586,00034,000-535,000-1,138,0002,024,000-123,00096,000-3,569,000553,0002,153,000-1,372,000-4,669,000-4,2449,833,115
cash and cash equivalents
cash15,000-44,00014,00014,000-555,000-10,185,0005,863,0002,401,00033,000903,000-2,223,0002,750,000-156,000121,6571,085,343
overdraft
change in cash15,000-44,00014,00014,000-555,000-10,185,0005,863,0002,401,00033,000903,000-2,223,0002,750,000-156,000121,6571,085,343

fasthosts internet limited 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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Fasthosts Internet Limited Competitor Analysis

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fasthosts internet limited Ownership

FASTHOSTS INTERNET LIMITED group structure

Fasthosts Internet Limited has no subsidiary companies.

Ultimate parent company

UNITED INTERNET AG

#0040032

2 parents

FASTHOSTS INTERNET LIMITED

03656438

FASTHOSTS INTERNET LIMITED Shareholders

1 & 1 uk holdings ltd 100%

fasthosts internet limited directors

Fasthosts Internet Limited currently has 2 directors. The longest serving directors include Mr Rupert Bedell (Oct 2024) and Mr Alan Barwell (Feb 2025).

officercountryagestartendrole
Mr Rupert BedellUnited Kingdom49 years Oct 2024- Director
Mr Alan BarwellUnited Kingdom56 years Feb 2025- Director

P&L

December 2023

turnover

45.3m

+2%

operating profit

6.5m

+33%

gross margin

54%

+2.06%

turnover

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

Balance Sheet

December 2023

net assets

10.6m

-0.52%

total assets

30.5m

-0.27%

cash

37k

+0.68%

net assets

Total assets minus all liabilities

fasthosts internet limited company details

company number

03656438

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

October 1998

age

27

incorporated

UK

ultimate parent company

UNITED INTERNET AG

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

2 cathedral walk the forum, gloucester, GL1 1AU

Bank

HSBC BANK PLC

Legal Advisor

-

fasthosts internet 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 fasthosts internet limited.

fasthosts internet limited Capital Raised & Share Issues BETA

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fasthosts internet limited Companies House Filings - See Documents

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