formjet innovations limited
formjet innovations limited Company Information
Company Number
04134349
Website
https://www.asiability.comRegistered Address
13 the close, reigate, surrey, RH2 7BN
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Christopher England15 Years
Shareholders
christopher england 100%
formjet innovations limited Estimated Valuation
Pomanda estimates the enterprise value of FORMJET INNOVATIONS LIMITED at £168.9k based on a Turnover of £323.2k and 0.52x industry multiple (adjusted for size and gross margin).
formjet innovations limited Estimated Valuation
Pomanda estimates the enterprise value of FORMJET INNOVATIONS LIMITED at £203.8k based on an EBITDA of £55.9k and a 3.65x industry multiple (adjusted for size and gross margin).
formjet innovations limited Estimated Valuation
Pomanda estimates the enterprise value of FORMJET INNOVATIONS LIMITED at £306.5k based on Net Assets of £133k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Formjet Innovations Limited Overview
Formjet Innovations Limited is a live company located in surrey, RH2 7BN with a Companies House number of 04134349. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2001, it's largest shareholder is christopher england with a 100% stake. Formjet Innovations Limited is a mature, micro sized company, Pomanda has estimated its turnover at £323.2k with healthy growth in recent years.
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Formjet Innovations Limited Health Check
Pomanda's financial health check has awarded Formjet Innovations Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £323.2k, make it smaller than the average company (£6.5m)
- Formjet Innovations Limited
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.4%)
- Formjet Innovations Limited
6.4% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (49.5%)
- Formjet Innovations Limited
49.5% - Industry AVG
Profitability
an operating margin of 17.3% make it more profitable than the average company (3.2%)
- Formjet Innovations Limited
3.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
1 - Formjet Innovations Limited
42 - Industry AVG
Pay Structure
on an average salary of £69.3k, the company has an equivalent pay structure (£69.3k)
- Formjet Innovations Limited
£69.3k - Industry AVG
Efficiency
resulting in sales per employee of £323.2k, this is more efficient (£166.9k)
- Formjet Innovations Limited
£166.9k - Industry AVG
Debtor Days
it gets paid by customers after 167 days, this is later than average (55 days)
- Formjet Innovations Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (35 days)
- Formjet Innovations Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Formjet Innovations Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Formjet Innovations Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.5%, this is a lower level of debt than the average (63.4%)
10.5% - Formjet Innovations Limited
63.4% - Industry AVG
FORMJET INNOVATIONS LIMITED financials
Formjet Innovations Limited's latest turnover from August 2023 is estimated at £323.2 thousand and the company has net assets of £133 thousand. According to their latest financial statements, Formjet Innovations Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Feb 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 78,788 | 389,643 | 459,468 | ||||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 67,002 | 318,715 | 206,045 | ||||||||||||
| Gross Profit | 11,786 | 70,928 | 253,423 | ||||||||||||
| Admin Expenses | 91,298 | 383,734 | 883,356 | ||||||||||||
| Operating Profit | -79,512 | -312,806 | -629,933 | ||||||||||||
| Interest Payable | 0 | 76 | 4,519 | ||||||||||||
| Interest Receivable | 0 | 0 | 0 | ||||||||||||
| Pre-Tax Profit | -79,512 | -312,882 | -634,452 | ||||||||||||
| Tax | 0 | 0 | 0 | ||||||||||||
| Profit After Tax | -79,512 | -312,882 | -634,452 | ||||||||||||
| Dividends Paid | 0 | 0 | 0 | ||||||||||||
| Retained Profit | -79,512 | -312,882 | -634,452 | ||||||||||||
| Employee Costs | 81,642 | 286,088 | 268,724 | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | |||||||
| EBITDA* | -78,622 | -310,854 | -607,933 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Feb 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 890 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 890 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,223 |
| Trade Debtors | 148,590 | 133,729 | 113,415 | 115,794 | 70,685 | 20,727 | 19,996 | 13,896 | 23,570 | 6,220 | 23,609 | 27,110 | 23,214 | 93,389 | 43,190 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,062 | 2,448 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,321 | 1,070 | 1,331 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 12,034 | 32,223 | 24,304 | 5,636 | 17,690 | 13,178 | 5,777 | 684 | 19,119 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 148,590 | 133,729 | 113,415 | 115,794 | 70,685 | 20,727 | 32,030 | 46,119 | 47,874 | 11,856 | 41,299 | 40,288 | 45,374 | 97,591 | 83,863 |
| total assets | 148,590 | 133,729 | 113,415 | 115,794 | 70,685 | 20,727 | 32,030 | 46,119 | 47,874 | 11,856 | 41,299 | 40,288 | 45,374 | 98,481 | 83,863 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,576 | 42,628 | 24,588 | 40,004 | 32,349 | 7,537 | 12,075 | 21,063 | 25,086 | 2,499 | 19,819 | 14,515 | 32,686 | 66,111 | 32,517 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136,858 | 86,472 | 257,144 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,614 | 45,170 | 27,735 |
| total current liabilities | 15,576 | 42,628 | 24,588 | 40,004 | 32,349 | 7,537 | 12,075 | 21,063 | 25,086 | 2,499 | 19,819 | 14,515 | 224,158 | 197,753 | 317,396 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 15,576 | 42,628 | 24,588 | 40,004 | 32,349 | 7,537 | 12,075 | 21,063 | 25,086 | 2,499 | 19,819 | 14,515 | 224,158 | 197,753 | 317,396 |
| net assets | 133,014 | 91,101 | 88,827 | 75,790 | 38,336 | 13,190 | 19,955 | 25,056 | 22,788 | 9,357 | 21,480 | 25,773 | -178,784 | -99,272 | -233,533 |
| total shareholders funds | 133,014 | 91,101 | 88,827 | 75,790 | 38,336 | 13,190 | 19,955 | 25,056 | 22,788 | 9,357 | 21,480 | 25,773 | -178,784 | -99,272 | -233,533 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Feb 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -79,512 | -312,806 | -629,933 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 890 | 1,952 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,000 |
| Tax | 0 | 0 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,223 |
| Debtors | 14,861 | 20,314 | -2,379 | 45,109 | 49,958 | 731 | 6,100 | -9,674 | 17,350 | -17,389 | -3,501 | -12,487 | 39,597 | 96,907 | 44,521 |
| Creditors | -27,052 | 18,040 | -15,416 | 7,655 | 24,812 | -4,538 | -8,988 | -4,023 | 22,587 | -17,320 | 5,304 | -18,171 | 32,686 | 66,111 | 32,517 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -54,614 | 54,614 | 45,170 | 27,735 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -30,919 | -296,480 | -612,425 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -136,858 | 136,858 | 86,472 | 257,144 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 0 | -76 | -4,519 | ||||||||||||
| cash flow from financing | 37,586 | 300,006 | 653,544 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -12,034 | -20,189 | 7,919 | 18,668 | -12,054 | 4,512 | 7,401 | 5,777 | 684 | 19,119 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -12,034 | -20,189 | 7,919 | 18,668 | -12,054 | 4,512 | 7,401 | 5,777 | 684 | 19,119 |
formjet innovations limited Credit Report and Business Information
Formjet Innovations Limited Competitor Analysis
Perform a competitor analysis for formjet innovations limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RH2 area or any other competitors across 12 key performance metrics.
formjet innovations limited Ownership
FORMJET INNOVATIONS LIMITED group structure
Formjet Innovations Limited has no subsidiary companies.
Ultimate parent company
FORMJET INNOVATIONS LIMITED
04134349
formjet innovations limited directors
Formjet Innovations Limited currently has 1 director, Mr Christopher England serving since Oct 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher England | England | 63 years | Oct 2009 | - | Director |
P&L
August 2023turnover
323.2k
+5%
operating profit
55.9k
0%
gross margin
25.8%
-4.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
133k
+0.46%
total assets
148.6k
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
formjet innovations limited company details
company number
04134349
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
January 2001
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
software dialog limited (August 2006)
software dialog plc (May 2004)
accountant
-
auditor
-
address
13 the close, reigate, surrey, RH2 7BN
Bank
-
Legal Advisor
-
formjet innovations 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 3 charges/mortgages relating to formjet innovations limited. Currently there are 2 open charges and 1 have been satisfied in the past.
formjet innovations limited Companies House Filings - See Documents
| date | description | view/download |
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