bango. net limited
bango. net limited Company Information
Company Number
03854965
Next Accounts
Sep 2025
Shareholders
bango plc
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
botanic house 100 hills road, cambridge, cambridgeshire, CB2 1PH
Website
www.bango.combango. net limited Estimated Valuation
Pomanda estimates the enterprise value of BANGO. NET LIMITED at £46.3m based on a Turnover of £24.6m and 1.88x industry multiple (adjusted for size and gross margin).
bango. net limited Estimated Valuation
Pomanda estimates the enterprise value of BANGO. NET LIMITED at £0 based on an EBITDA of £-2.2m and a 7.95x industry multiple (adjusted for size and gross margin).
bango. net limited Estimated Valuation
Pomanda estimates the enterprise value of BANGO. NET LIMITED at £30m based on Net Assets of £12.5m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bango. Net Limited Overview
Bango. Net Limited is a live company located in cambridgeshire, CB2 1PH with a Companies House number of 03854965. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in October 1999, it's largest shareholder is bango plc with a 100% stake. Bango. Net Limited is a mature, large sized company, Pomanda has estimated its turnover at £24.6m with high growth in recent years.
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Bango. Net Limited Health Check
Pomanda's financial health check has awarded Bango. Net Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £24.6m, make it larger than the average company (£14.1m)
£24.6m - Bango. Net Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (4.5%)
26% - Bango. Net Limited
4.5% - Industry AVG
Production
with a gross margin of 76.2%, this company has a lower cost of product (39%)
76.2% - Bango. Net Limited
39% - Industry AVG
Profitability
an operating margin of -32.3% make it less profitable than the average company (4.2%)
-32.3% - Bango. Net Limited
4.2% - Industry AVG
Employees
with 119 employees, this is above the industry average (54)
119 - Bango. Net Limited
54 - Industry AVG
Pay Structure
on an average salary of £110.6k, the company has a higher pay structure (£66.3k)
£110.6k - Bango. Net Limited
£66.3k - Industry AVG
Efficiency
resulting in sales per employee of £206.4k, this is equally as efficient (£239.5k)
£206.4k - Bango. Net Limited
£239.5k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (40 days)
27 days - Bango. Net Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (43 days)
90 days - Bango. Net Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bango. Net Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (8 weeks)
3 weeks - Bango. Net Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a similar level of debt than the average (65.7%)
64.6% - Bango. Net Limited
65.7% - Industry AVG
BANGO. NET LIMITED financials
Bango. Net Limited's latest turnover from December 2023 is £24.6 million and the company has net assets of £12.5 million. According to their latest financial statements, Bango. Net Limited has 119 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 24,563,000 | 19,066,000 | 15,081,000 | 12,160,000 | 7,176,000 | 5,212,719 | 3,765,888 | 1,323,519 | 1,300,130 | 2,390,589 | 8,788,454 | 7,351,946 | 15,594,589 | 19,324,857 | 24,114,050 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 5,851,000 | 2,696,000 | 908,000 | 324,000 | 2,439 | 7,054 | 33,054 | 1,051,928 | 6,720,107 | 5,769,971 | 13,305,575 | 16,829,874 | 21,446,419 | ||
| Gross Profit | 18,712,000 | 16,370,000 | 14,173,000 | 11,836,000 | 7,176,000 | 5,212,719 | 3,763,449 | 1,316,465 | 1,267,076 | 1,338,661 | 2,068,347 | 1,581,975 | 2,289,014 | 2,494,983 | 2,667,631 |
| Admin Expenses | 26,655,000 | 18,178,000 | 13,068,000 | 9,917,000 | 9,859,000 | 6,783,437 | 6,725,714 | 5,742,399 | 6,073,031 | 6,587,958 | 6,743,818 | 4,031,455 | 3,135,669 | 3,193,187 | 2,871,514 |
| Operating Profit | -7,943,000 | -1,808,000 | 1,105,000 | 1,919,000 | -2,683,000 | -1,570,718 | -2,962,265 | -4,425,934 | -4,805,955 | -5,249,297 | -4,675,471 | -2,449,480 | -846,655 | -698,204 | -203,883 |
| Interest Payable | 186,000 | 41,000 | 7,000 | 28,000 | 68,000 | 196,334 | 186,835 | 195,712 | 81,015 | 34,012 | 31,304 | 5,091 | 103 | 8,834 | |
| Interest Receivable | 12,000 | 13,000 | 8,000 | 1,000 | 23,000 | 14,350 | 20,517 | 30,363 | 24,327 | 26,610 | 35,906 | 6,513 | 468 | 516 | 1,165 |
| Pre-Tax Profit | -8,117,000 | -1,836,000 | 1,106,000 | 1,892,000 | -2,728,000 | -1,752,702 | -3,128,583 | -4,591,283 | -4,861,643 | -5,256,699 | -4,670,869 | -2,448,058 | -846,187 | -697,791 | -211,552 |
| Tax | 1,140,000 | 1,100,000 | 1,490,000 | 137,000 | 468,000 | 652,159 | 426,842 | 328,663 | 215,317 | 266,210 | 189,904 | 162,665 | 179,614 | 219,431 | 260,311 |
| Profit After Tax | -6,977,000 | -736,000 | 2,596,000 | 2,029,000 | -2,260,000 | -1,100,543 | -2,701,741 | -4,262,620 | -4,646,326 | -4,990,489 | -4,480,965 | -2,285,393 | -666,573 | -478,360 | 48,759 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -6,977,000 | -736,000 | 2,596,000 | 2,029,000 | -2,260,000 | -1,100,543 | -2,701,741 | -4,262,620 | -4,646,326 | -4,990,489 | -4,480,965 | -2,285,393 | -666,573 | -478,360 | 48,759 |
| Employee Costs | 13,166,000 | 10,701,000 | 7,628,000 | 6,585,000 | 5,830,000 | 5,682,826 | 4,568,982 | 4,043,355 | 3,666,847 | 3,827,185 | 3,774,246 | 2,141,093 | 2,053,461 | 2,178,687 | 1,893,423 |
| Number Of Employees | 119 | 107 | 82 | 74 | 80 | 85 | 74 | 70 | 63 | 64 | 58 | 46 | 35 | 39 | 38 |
| EBITDA* | -2,249,000 | 2,253,000 | 3,995,000 | 4,224,000 | -1,099,000 | -474,911 | -2,657,938 | -3,139,066 | -3,352,071 | -3,948,741 | -3,273,100 | -1,842,057 | -336,592 | -381,192 | -35,922 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 903,000 | 987,000 | 258,000 | 265,000 | 868,000 | 540,567 | 576,363 | 314,065 | 526,795 | 730,211 | 618,779 | 638,662 | 319,381 | 240,620 | 315,792 |
| Intangible Assets | 24,823,000 | 16,956,000 | 12,612,000 | 10,791,000 | 5,650,000 | 5,273,232 | 4,031,918 | 3,638,080 | 3,446,612 | 3,491,252 | 3,377,872 | 3,277,947 | 2,797,246 | 2,030,918 | 1,163,591 |
| Investments & Other | 59,000 | 59,000 | 20,000 | 20,000 | 20,000 | 19,500 | 19,500 | 19,500 | 19,500 | ||||||
| Debtors (Due After 1 year) | 197,000 | ||||||||||||||
| Total Fixed Assets | 25,982,000 | 18,002,000 | 12,870,000 | 11,056,000 | 6,518,000 | 5,813,799 | 4,608,281 | 3,952,145 | 3,973,407 | 4,221,463 | 3,996,651 | 3,916,609 | 3,116,627 | 2,271,538 | 1,479,383 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,849,000 | 4,082,000 | 3,323,000 | 2,021,000 | 896,000 | 874,632 | 804,115 | 396,654 | 480,294 | 519,663 | 748,405 | 846,776 | 1,221,866 | 1,195,730 | 3,122,354 |
| Group Debtors | 101,000 | 730,000 | 1,292,000 | 1,511,000 | 3,882,000 | 3,337,903 | 485,859 | 738,367 | 168,745 | 246,066 | 464,548 | 184,504 | 344,894 | 397,418 | |
| Misc Debtors | 5,179,000 | 3,216,000 | 1,648,000 | 1,138,000 | 985,000 | 1,224,930 | 855,398 | 1,041,030 | 598,332 | 565,045 | 1,335,023 | 1,671,480 | 1,798,511 | 2,153,300 | 876,055 |
| Cash | 1,065,000 | 2,065,000 | 5,985,000 | 5,157,000 | 2,216,000 | 3,328,359 | 4,351,457 | 4,551,102 | 12,024,584 | 6,143,883 | 4,895,823 | 2,160,864 | 1,534,465 | 2,285,257 | 2,735,460 |
| misc current assets | 977,000 | 1,097,000 | 1,276,000 | 465,000 | 634,889 | 421,215 | 318,857 | 225,974 | 236,028 | ||||||
| total current assets | 9,171,000 | 11,190,000 | 13,524,000 | 9,827,000 | 8,444,000 | 9,400,713 | 6,918,044 | 7,046,010 | 13,497,929 | 7,710,685 | 7,443,799 | 4,863,624 | 4,899,736 | 6,031,705 | 6,733,869 |
| total assets | 35,153,000 | 29,192,000 | 26,394,000 | 20,883,000 | 14,962,000 | 15,214,512 | 11,526,325 | 10,998,155 | 17,471,336 | 11,932,148 | 11,440,450 | 8,780,233 | 8,016,363 | 8,303,243 | 8,213,252 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,452,000 | 2,387,000 | 1,127,000 | 628,000 | 788,000 | 1,529,579 | 1,257,034 | 348,222 | 786,614 | 1,188,191 | 1,792,235 | 1,707,266 | 2,393,926 | 2,347,957 | 3,911,396 |
| Group/Directors Accounts | 11,292,000 | 5,435,000 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 182,000 | 109,000 | 42,000 | 73,000 | 254,000 | 121,968 | 99,889 | 82,149 | 268,476 | 296,817 | 147,246 | 21,778 | |||
| other current liabilities | 4,935,000 | 3,549,000 | 8,227,000 | 5,963,000 | 2,501,000 | 908,635 | 1,303,684 | 815,383 | 328,284 | 272,479 | 282,501 | 458,539 | 280,521 | 193,305 | 286,544 |
| total current liabilities | 17,861,000 | 11,480,000 | 9,396,000 | 6,664,000 | 3,543,000 | 2,560,182 | 2,660,607 | 1,245,754 | 1,383,374 | 1,757,487 | 2,221,982 | 2,187,583 | 2,674,447 | 2,541,262 | 4,197,940 |
| loans | 4,666,000 | 72,000 | 150,000 | 1,486,000 | 957,560 | 14,839,462 | 13,539,138 | 16,053,591 | 6,125,178 | 21,613,502 | 15,144,782 | 11,978,550 | 11,874,398 | 9,766,935 | |
| hp & lease commitments | 170,000 | 159,000 | 36,000 | 75,000 | 462,000 | 152,081 | 177,694 | 13,405 | 95,544 | 293,324 | 280,282 | 117,177 | |||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,828,000 | ||||||||||||||
| total long term liabilities | 4,836,000 | 159,000 | 36,000 | 989,000 | 1,024,000 | 805,479 | 14,661,768 | 13,525,733 | 15,958,047 | 5,831,854 | 21,893,784 | 15,261,959 | 11,978,550 | 11,874,398 | 9,766,935 |
| total liabilities | 22,697,000 | 11,639,000 | 9,432,000 | 7,653,000 | 4,567,000 | 3,365,661 | 17,322,375 | 14,771,487 | 17,341,421 | 7,589,341 | 24,115,766 | 17,449,542 | 14,652,997 | 14,415,660 | 13,964,875 |
| net assets | 12,456,000 | 17,553,000 | 16,962,000 | 13,230,000 | 10,395,000 | 11,848,851 | -5,796,050 | -3,773,332 | 129,915 | 4,342,807 | -12,675,316 | -8,669,309 | -6,636,634 | -6,112,417 | -5,751,623 |
| total shareholders funds | 12,456,000 | 17,553,000 | 16,962,000 | 13,230,000 | 10,395,000 | 11,848,851 | -5,796,050 | -3,773,332 | 129,915 | 4,342,807 | -12,675,316 | -8,669,309 | -6,636,634 | -6,112,417 | -5,751,623 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -7,943,000 | -1,808,000 | 1,105,000 | 1,919,000 | -2,683,000 | -1,570,718 | -2,962,265 | -4,425,934 | -4,805,955 | -5,249,297 | -4,675,471 | -2,449,480 | -846,655 | -698,204 | -203,883 |
| Depreciation | 141,000 | 127,000 | 155,000 | 336,000 | 404,000 | 268,295 | 188,496 | 319,284 | 484,871 | 499,072 | 370,030 | 184,027 | 169,308 | 152,939 | 103,341 |
| Amortisation | 5,553,000 | 3,934,000 | 2,735,000 | 1,969,000 | 1,180,000 | 827,512 | 115,831 | 967,584 | 969,013 | 801,484 | 1,032,341 | 423,396 | 340,755 | 164,073 | 64,620 |
| Tax | 1,140,000 | 1,100,000 | 1,490,000 | 137,000 | 468,000 | 652,159 | 426,842 | 328,663 | 215,317 | 266,210 | 189,904 | 162,665 | 179,614 | 219,431 | 260,311 |
| Stock | |||||||||||||||
| Debtors | -702,000 | 1,765,000 | 1,593,000 | -1,093,000 | 325,535 | 3,292,093 | -30,679 | 928,680 | -83,403 | -1,217,202 | -154,784 | -1,043,688 | -381,177 | -251,961 | 3,998,409 |
| Creditors | -935,000 | 1,260,000 | 499,000 | -160,000 | -741,579 | 272,545 | 908,812 | -438,392 | -401,577 | -604,044 | 84,969 | -640,691 | 45,969 | -1,563,439 | 3,911,396 |
| Accruals and Deferred Income | 1,386,000 | -4,678,000 | 2,264,000 | 3,462,000 | 1,592,365 | -395,049 | 488,301 | 487,099 | 55,805 | -10,022 | -176,038 | 265,234 | 87,216 | -93,239 | 286,544 |
| Deferred Taxes & Provisions | -1,828,000 | 1,828,000 | |||||||||||||
| Cash flow from operations | 44,000 | -1,830,000 | 4,827,000 | 10,584,000 | -105,749 | -3,237,349 | -803,304 | -3,690,376 | -3,399,123 | -3,079,395 | -3,019,481 | -1,011,161 | 357,384 | -1,566,478 | 423,920 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 39,000 | 500 | 19,500 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 5,857,000 | 5,435,000 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 4,666,000 | -72,000 | -78,000 | -1,336,000 | 528,440 | -13,881,902 | 1,300,324 | -2,514,453 | 9,928,413 | -15,488,324 | 6,468,720 | 3,270,384 | 104,152 | 2,107,463 | 9,766,935 |
| Hire Purchase and Lease Commitments | 84,000 | 190,000 | -70,000 | -568,000 | 441,951 | -3,534 | 182,029 | -268,466 | -226,121 | 162,613 | 288,573 | 138,955 | |||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -174,000 | -28,000 | 1,000 | -27,000 | -45,000 | -181,984 | -166,318 | -165,349 | -56,688 | -7,402 | 4,602 | 1,422 | 468 | 413 | -7,669 |
| cash flow from financing | 12,313,000 | 6,852,000 | 989,000 | -1,125,000 | 1,731,540 | 4,678,024 | 1,995,058 | -2,588,895 | 10,079,038 | 6,675,499 | 7,236,853 | 3,139,262 | 246,976 | 2,225,442 | 3,958,884 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,000,000 | -3,920,000 | 828,000 | 2,941,000 | -1,112,359 | -1,023,098 | -199,645 | -7,473,482 | 5,880,701 | 1,248,060 | 2,734,959 | -124,393 | -750,792 | -450,203 | 2,735,460 |
| overdraft | |||||||||||||||
| change in cash | -1,000,000 | -3,920,000 | 828,000 | 2,941,000 | -1,112,359 | -1,023,098 | -199,645 | -7,473,482 | 5,880,701 | 1,248,060 | 2,734,959 | -124,393 | -750,792 | -450,203 | 2,735,460 |
bango. net limited Credit Report and Business Information
Bango. Net Limited Competitor Analysis
Perform a competitor analysis for bango. net limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in CB2 area or any other competitors across 12 key performance metrics.
bango. net limited Ownership
BANGO. NET LIMITED group structure
Bango. Net Limited has no subsidiary companies.
bango. net limited directors
Bango. Net Limited currently has 4 directors. The longest serving directors include Mr Raymond Anderson (Oct 1999) and Mr Anil Malhotra (Oct 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raymond Anderson | England | 66 years | Oct 1999 | - | Director |
| Mr Anil Malhotra | England | 63 years | Oct 1999 | - | Director |
| Mr Paul Larbey | England | 51 years | Jan 2020 | - | Director |
| Mr Matthew Wilson | United Kingdom | 39 years | Jan 2025 | - | Director |
P&L
December 2023turnover
24.6m
+29%
operating profit
-7.9m
+339%
gross margin
76.2%
-11.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.5m
-0.29%
total assets
35.2m
+0.2%
cash
1.1m
-0.48%
net assets
Total assets minus all liabilities
bango. net limited company details
company number
03854965
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
October 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
botanic house 100 hills road, cambridge, cambridgeshire, CB2 1PH
Bank
HSBC BANK PLC
Legal Advisor
MILLS & REEVE LLP
bango. net 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 5 charges/mortgages relating to bango. net limited. Currently there are 1 open charges and 4 have been satisfied in the past.
bango. net 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 BANGO. NET LIMITED. This can take several minutes, an email will notify you when this has completed.
bango. net limited Companies House Filings - See Documents
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