patent outsourcing limited

patent outsourcing limited Company Information

Share PATENT OUTSOURCING LIMITED
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Company Number

04122633

Industry

Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.

 

Directors

Mark Houghton

Shareholders

intellectual property outsourcing ltd

Group Structure

View All

Contact

Registered Address

6 manchester road, buxton, SK17 6SB

patent outsourcing limited Estimated Valuation

£533.3k

Pomanda estimates the enterprise value of PATENT OUTSOURCING LIMITED at £533.3k based on a Turnover of £968.7k and 0.55x industry multiple (adjusted for size and gross margin).

patent outsourcing limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PATENT OUTSOURCING LIMITED at £0 based on an EBITDA of £-238.4k and a 3.07x industry multiple (adjusted for size and gross margin).

patent outsourcing limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of PATENT OUTSOURCING LIMITED at £1.1m based on Net Assets of £677.3k and 1.61x industry multiple (adjusted for liquidity).

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Patent Outsourcing Limited Overview

Patent Outsourcing Limited is a live company located in buxton, SK17 6SB with a Companies House number of 04122633. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in December 2000, it's largest shareholder is intellectual property outsourcing ltd with a 100% stake. Patent Outsourcing Limited is a mature, small sized company, Pomanda has estimated its turnover at £968.7k with declining growth in recent years.

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Patent Outsourcing Limited Health Check

Pomanda's financial health check has awarded Patent Outsourcing Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £968.7k, make it larger than the average company (£624.9k)

£968.7k - Patent Outsourcing Limited

£624.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (8.5%)

-4% - Patent Outsourcing Limited

8.5% - Industry AVG

production

Production

with a gross margin of 24.7%, this company has a higher cost of product (49.4%)

24.7% - Patent Outsourcing Limited

49.4% - Industry AVG

profitability

Profitability

an operating margin of -24.6% make it less profitable than the average company (10.7%)

-24.6% - Patent Outsourcing Limited

10.7% - Industry AVG

employees

Employees

with 8 employees, this is similar to the industry average (8)

8 - Patent Outsourcing Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £34k, the company has an equivalent pay structure (£34k)

£34k - Patent Outsourcing Limited

£34k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £121.1k, this is more efficient (£70k)

£121.1k - Patent Outsourcing Limited

£70k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 170 days, this is later than average (51 days)

170 days - Patent Outsourcing Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (15 days)

66 days - Patent Outsourcing Limited

15 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Patent Outsourcing Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 139 weeks, this is more cash available to meet short term requirements (31 weeks)

139 weeks - Patent Outsourcing Limited

31 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.5%, this is a lower level of debt than the average (47%)

16.5% - Patent Outsourcing Limited

47% - Industry AVG

PATENT OUTSOURCING LIMITED financials

EXPORTms excel logo

Patent Outsourcing Limited's latest turnover from March 2024 is estimated at £968.7 thousand and the company has net assets of £677.3 thousand. According to their latest financial statements, Patent Outsourcing Limited has 8 employees and maintains cash reserves of £357.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover968,654699,779958,7391,099,2971,279,9681,758,0791,396,5741,293,3491,362,9301,301,0041,540,9831,626,9211,101,5291,106,3151,042,987
Other Income Or Grants000000000000000
Cost Of Sales729,436477,903682,864697,503850,2851,134,553900,850802,116818,696831,749851,924865,680594,620608,938436,884
Gross Profit239,218221,876275,875401,794429,683623,526495,724491,233544,234469,255689,058761,241506,908497,377606,104
Admin Expenses477,989332,931815,07843,645456,799886,524-253,149-438,040594,565701,148926,216257,403549,697326,591372,319
Operating Profit-238,771-111,055-539,203358,149-27,116-262,998748,873929,273-50,331-231,893-237,158503,838-42,789170,786233,785
Interest Payable000000000000000
Interest Receivable25,60626,1716,4181,2981,95116,3398,4112,5432,9972,9703,6683,7613,1252,345847
Pre-Tax Profit-213,165-84,884-532,785359,447-25,165-246,659757,284931,816-47,334-228,923-233,490507,599-39,664173,131234,632
Tax000-68,29500-143,884-186,363000-121,8240-48,477-65,697
Profit After Tax-213,165-84,884-532,785291,152-25,165-246,659613,400745,453-47,334-228,923-233,490385,775-39,664124,654168,935
Dividends Paid000000000000000
Retained Profit-213,165-84,884-532,785291,152-25,165-246,659613,400745,453-47,334-228,923-233,490385,775-39,664124,654168,935
Employee Costs272,292321,048315,359312,161495,864465,698547,654464,175498,400329,310408,561369,887216,099244,237245,167
Number Of Employees81011111716191516111414899
EBITDA*-238,431-111,049-536,946361,968-17,691-248,769763,062942,020-42,873-228,413-234,881507,857-37,102176,158239,273

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,59606652,9226,12714,60921,34629,23819,1557,1532,7263,4455,7858,68510,954
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,59606652,9226,12714,60921,34629,23819,1557,1532,7263,4455,7858,68510,954
Stock & work in progress000000000000000
Trade Debtors451,675390,809575,484683,314614,408915,306762,536698,279654,194449,266480,226564,619407,919427,380342,756
Group Debtors0000002,05000000000
Misc Debtors00026,20718,17718,13820,75315,10415,562000000
Cash357,374618,084613,5031,097,9091,498,8502,403,3101,953,7911,410,515624,272574,479613,527853,790650,626599,220338,752
misc current assets000000000000000
total current assets809,0491,008,8931,188,9871,807,4302,131,4353,336,7542,739,1302,123,8981,294,0281,023,7451,093,7531,418,4091,058,5451,026,600681,508
total assets810,6451,008,8931,189,6521,810,3522,137,5623,351,3632,760,4762,153,1361,313,1831,030,8981,096,4791,421,8541,064,3301,035,285692,462
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 133,343118,426214,30159,06721,57923,27623,37433,87543,243663,357527,989647,137644,205562,544306,332
Group/Directors Accounts000000052,97869,396000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000243,149897,8352,083,1621,175,7961,108,780902,954000000
total current liabilities133,343118,426214,301302,216919,4142,106,4381,199,1701,195,6331,015,593663,357527,989647,137644,205562,544306,332
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000068,44276,540163,722188,821161,651134,519165,277177,131215,474
provisions00001,1642,7764,0565,5553,9131,4316274969212,0191,719
total long term liabilities00001,1642,77672,49882,095167,635190,252162,278135,015166,198179,150217,193
total liabilities133,343118,426214,301302,216920,5782,109,2141,271,6681,277,7281,183,228853,609690,267782,152810,403741,694523,525
net assets677,302890,467975,3511,508,1361,216,9841,242,1491,488,808875,408129,955177,289406,212639,702253,927293,591168,937
total shareholders funds677,302890,467975,3511,508,1361,216,9841,242,1491,488,808875,408129,955177,289406,212639,702253,927293,591168,937
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-238,771-111,055-539,203358,149-27,116-262,998748,873929,273-50,331-231,893-237,158503,838-42,789170,786233,785
Depreciation34062,2573,8199,42514,22914,18912,7477,4583,4802,2774,0195,6875,3725,488
Amortisation000000000000000
Tax000-68,29500-143,884-186,363000-121,8240-48,477-65,697
Stock000000000000000
Debtors60,866-184,675-134,03776,936-300,859148,10571,95643,627220,490-30,960-84,393156,700-19,46184,624342,756
Creditors14,917-95,875155,23437,488-1,697-98-10,501-9,368-620,114135,368-119,1482,93281,661256,212306,332
Accruals and Deferred Income00-243,149-654,686-1,185,327907,36667,016205,826902,954000000
Deferred Taxes & Provisions000-1,164-1,612-1,280-1,4991,6422,482804131-425-1,0983001,719
Cash flow from operations-284,380-22,249-490,824-401,625-905,468509,114602,238910,13021,959-61,281-269,505231,84062,922299,569138,871
Investing Activities
capital expenditure-1,9366590-614-943-7,492-6,297-22,830-19,460-7,907-1,558-1,679-2,787-3,103-16,442
Change in Investments000000000000000
cash flow from investments-1,9366590-614-943-7,492-6,297-22,830-19,460-7,907-1,558-1,679-2,787-3,103-16,442
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000-52,978-16,41869,396000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000-68,442-8,098-87,182-25,09927,17027,132-30,758-11,854-38,343215,474
share issue000000000000002
interest25,60626,1716,4181,2981,95116,3398,4112,5432,9972,9703,6683,7613,1252,345847
cash flow from financing25,60626,1716,4181,2981,951-52,103-52,665-101,05747,29430,14030,800-26,997-8,729-35,998216,323
cash and cash equivalents
cash-260,7104,581-484,406-400,941-904,460449,519543,276786,24349,793-39,048-240,263203,16451,406260,468338,752
overdraft000000000000000
change in cash-260,7104,581-484,406-400,941-904,460449,519543,276786,24349,793-39,048-240,263203,16451,406260,468338,752

patent outsourcing 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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Patent Outsourcing Limited Competitor Analysis

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Perform a competitor analysis for patent outsourcing limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SK17 area or any other competitors across 12 key performance metrics.

patent outsourcing limited Ownership

PATENT OUTSOURCING LIMITED group structure

Patent Outsourcing Limited has no subsidiary companies.

Ultimate parent company

1 parent

PATENT OUTSOURCING LIMITED

04122633

PATENT OUTSOURCING LIMITED Shareholders

intellectual property outsourcing ltd 100%

patent outsourcing limited directors

Patent Outsourcing Limited currently has 1 director, Rev Dr Mark Houghton serving since Apr 2013.

officercountryagestartendrole
Rev Dr Mark HoughtonEngland61 years Apr 2013- Director

P&L

March 2024

turnover

968.7k

+38%

operating profit

-238.8k

0%

gross margin

24.7%

-22.11%

turnover

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

Balance Sheet

March 2024

net assets

677.3k

-0.24%

total assets

810.6k

-0.2%

cash

357.4k

-0.42%

net assets

Total assets minus all liabilities

patent outsourcing limited company details

company number

04122633

Type

Private limited with Share Capital

industry

69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.

incorporation date

December 2000

age

25

incorporated

UK

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

LAYTONS

auditor

-

address

6 manchester road, buxton, SK17 6SB

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

patent outsourcing 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 patent outsourcing limited.

patent outsourcing limited Capital Raised & Share Issues BETA

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patent outsourcing limited Companies House Filings - See Documents

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