Pomanda estimates the enterprise value of FUTURE TECHNOLOGY SERVICES LIMITED at £2.4m based on a Turnover of £7m and 0.35x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FUTURE TECHNOLOGY SERVICES LIMITED at £412.3k based on an EBITDA of £118.6k and a 3.47x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FUTURE TECHNOLOGY SERVICES LIMITED at £1.3m based on Net Assets of £571.8k and 2.2x industry multiple (adjusted for liquidity).
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Future Technology Services LimitedOverview
Future Technology Services Limited is a dissolved company that was located in heskin, PR7 5PA with a Companies House number of 03812979. It operated in the electrical installation sector, SIC Code 43210. Founded in July 1999, it's largest shareholder was
steven whitehouse
with a 32.1% stake. The last turnover for Future Technology Services Limited was estimated at £7m.
Pomanda's financial health check has awarded Future Technology Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £7m, make it larger than the average company (£1.4m)
£7m - Future Technology Services Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (1.6%)
21% - Future Technology Services Limited
1.6% - Industry AVG
Production
with a gross margin of 15.2%, this company has a higher cost of product (25%)
15.2% - Future Technology Services Limited
25% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (6.4%)
0.7% - Future Technology Services Limited
6.4% - Industry AVG
Employees
with 50 employees, this is above the industry average (20)
50 - Future Technology Services Limited
20 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
£39.8k - Future Technology Services Limited
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £139k, this is more efficient (£105.9k)
£139k - Future Technology Services Limited
£105.9k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (68 days)
107 days - Future Technology Services Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (45 days)
120 days - Future Technology Services Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 91 days, this is more than average (9 days)
91 days - Future Technology Services Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Future Technology Services Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.7%, this is a higher level of debt than the average (65.5%)
85.7% - Future Technology Services Limited
65.5% - Industry AVG
FUTURE TECHNOLOGY SERVICES LIMITED financials
EXPORT
Future Technology Services Limited's latest turnover from May 2021 is estimated at £7 million and the company has net assets of £571.8 thousand. According to their latest financial statements, Future Technology Services Limited has 50 employees and maintains cash reserves of £175 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
6,951,720
4,324,468
4,222,831
3,955,227
5,427,831
6,305,374
3,967,640
2,045,313
2,164,526
1,731,092
1,054,399
821,262
Other Income Or Grants
Cost Of Sales
5,893,436
3,611,982
3,482,009
3,265,060
4,446,241
5,118,330
3,229,747
1,678,349
1,740,417
1,399,053
823,242
631,478
Gross Profit
1,058,283
712,486
740,822
690,167
981,590
1,187,044
737,893
366,964
424,109
332,039
231,157
189,784
Admin Expenses
1,011,715
641,126
745,827
695,049
782,870
1,113,420
694,666
160,301
423,983
306,124
168,759
187,958
Operating Profit
46,568
71,360
-5,005
-4,882
198,720
73,624
43,227
206,663
126
25,915
62,398
1,826
Interest Payable
Interest Receivable
1
427
296
166
4
6
143
181
43
2
Pre-Tax Profit
46,568
71,360
-5,004
-4,455
199,016
73,790
43,231
206,670
269
26,096
62,441
1,828
Tax
-8,848
-13,558
-37,813
-14,758
-8,646
-43,401
-62
-6,263
-16,235
-512
Profit After Tax
37,720
57,802
-5,004
-4,455
161,203
59,032
34,585
163,269
207
19,833
46,206
1,316
Dividends Paid
Retained Profit
37,720
57,802
-5,004
-4,455
161,203
59,032
34,585
163,269
207
19,833
46,206
1,316
Employee Costs
1,988,463
2,001,817
2,006,651
1,950,300
3,364,389
1,108,963
680,438
383,304
367,816
330,388
213,859
179,222
Number Of Employees
50
50
50
50
86
28
17
10
10
9
6
5
EBITDA*
118,647
137,772
53,995
9,834
212,693
88,968
59,044
225,058
23,585
68,154
84,118
9,973
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
473,650
397,857
374,928
139,354
134,945
105,758
48,124
56,632
70,857
112,486
82,841
55,008
Intangible Assets
Investments & Other
10,000
Debtors (Due After 1 year)
Total Fixed Assets
473,650
397,857
374,928
139,354
134,945
105,758
48,124
56,632
70,857
112,486
92,841
55,008
Stock & work in progress
1,482,886
637,255
584,905
470,370
774,820
798,462
277,878
183,462
73,167
122,893
145,073
83,994
Trade Debtors
2,054,140
1,144,975
1,167,296
1,136,867
1,323,974
1,221,950
979,605
549,058
581,731
399,863
226,751
198,291
Group Debtors
Misc Debtors
91,698
90,081
13,170
Cash
175
20
20
129
170,720
66,323
26
1,508
957
56,214
16,282
896
misc current assets
20,331
total current assets
3,537,201
1,782,250
1,752,221
1,607,366
2,289,845
2,178,433
1,347,590
734,028
669,025
578,970
388,106
283,181
total assets
4,010,851
2,180,107
2,127,149
1,746,720
2,424,790
2,284,191
1,395,714
790,660
739,882
691,456
480,947
338,189
Bank overdraft
Bank loan
Trade Creditors
1,941,681
911,625
863,289
854,062
1,111,984
1,950,060
1,104,287
523,985
619,696
546,284
378,524
246,230
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,941,681
911,625
863,289
854,062
1,111,984
1,950,060
1,104,287
523,985
619,696
546,284
378,524
246,230
loans
hp & lease commitments
Accruals and Deferred Income
67,206
other liabilities
1,443,515
696,328
748,269
402,088
739,905
16,348
24,535
38,415
58,806
40,250
82,531
provisions
53,903
38,122
39,361
9,336
20,006
9,645
9,625
11,271
14,171
18,977
14,621
8,082
total long term liabilities
1,497,418
734,450
787,630
411,424
827,117
9,645
25,973
35,806
52,586
77,783
54,871
90,613
total liabilities
3,439,099
1,646,075
1,650,919
1,265,486
1,939,101
1,959,705
1,130,260
559,791
672,282
624,067
433,395
336,843
net assets
571,752
534,032
476,230
481,234
485,689
324,486
265,454
230,869
67,600
67,389
47,552
1,346
total shareholders funds
571,752
534,032
476,230
481,234
485,689
324,486
265,454
230,869
67,600
67,389
47,552
1,346
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
46,568
71,360
-5,005
-4,882
198,720
73,624
43,227
206,663
126
25,915
62,398
1,826
Depreciation
72,079
66,412
59,000
14,716
13,973
15,344
15,817
18,395
23,459
42,239
21,720
8,147
Amortisation
Tax
-8,848
-13,558
-37,813
-14,758
-8,646
-43,401
-62
-6,263
-16,235
-512
Stock
845,631
52,350
114,535
-304,450
-23,642
520,584
94,416
110,295
-49,726
-22,180
61,079
83,994
Debtors
909,165
-22,321
30,429
-187,107
10,326
243,962
520,628
-45,843
195,038
173,112
28,460
198,291
Creditors
1,030,056
48,336
9,227
-257,922
-838,076
845,773
580,302
-95,711
73,412
167,760
132,294
246,230
Accruals and Deferred Income
-67,206
67,206
Deferred Taxes & Provisions
15,781
-1,239
30,025
-10,670
10,361
20
-1,646
-2,900
-4,806
4,356
6,539
8,082
Cash flow from operations
-599,160
141,282
-51,717
165,593
-572,313
155,457
14,010
18,594
-53,183
83,075
117,177
-18,512
Investing Activities
capital expenditure
-147,872
-89,341
-294,574
-19,125
-43,160
-72,978
-7,309
-4,170
18,170
-71,884
-49,553
-63,155
Change in Investments
-10,000
10,000
cash flow from investments
-147,872
-89,341
-294,574
-19,125
-43,160
-72,978
-7,309
-4,170
18,170
-61,884
-59,553
-63,155
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
747,187
-51,941
346,181
-337,817
739,905
-16,348
-8,187
-13,880
-20,391
18,556
-42,281
82,531
share issue
4
4
30
interest
1
427
296
166
4
6
143
181
43
2
cash flow from financing
747,187
-51,941
346,182
-337,390
740,201
-16,182
-8,183
-13,874
-20,244
18,741
-42,238
82,563
cash and cash equivalents
cash
155
-109
-170,591
104,397
66,297
-1,482
551
-55,257
39,932
15,386
896
overdraft
change in cash
155
-109
-170,591
104,397
66,297
-1,482
551
-55,257
39,932
15,386
896
future technology services 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 future technology services limited. Get real-time insights into future technology services limited's credit score, group structure and payment trends.
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future technology services limited Ownership
FUTURE TECHNOLOGY SERVICES LIMITED group structure
Future Technology Services Limited has no subsidiary companies.
Ultimate parent company
FUTURE TECHNOLOGY SERVICES LIMITED
03812979
FUTURE TECHNOLOGY SERVICES LIMITED Shareholders
The largest shareholders in Future Technology Services Limited include Steven Whitehouse and Stephen Butterfield.
steven whitehouse
32.14%
stephen butterfield
32.14%
claire maree whitehouse
17.86%
beverley butterfield
17.86%
future technology services limited directors
Future Technology Services Limited currently has 2 directors.
The longest serving directors include
Mr Steven Whitehouse (Jul 1999) and
Mr Stephen Butterfield (Jun 2014).
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 4 charges/mortgages relating to future technology services limited. Currently there are 2 open charges and 2 have been satisfied in the past.
future technology services 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.
Click to start generating capital raising & share issue transactions for FUTURE TECHNOLOGY SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
future technology services limitedCompanies House Filings - See Documents
