godel technologies europe limited
godel technologies europe limited Company Information
Company Number
04551774
Website
www.godeltech.comRegistered Address
9th floor, neo charlotte street, manchester, M1 4ET
Industry
Business and domestic software development
Telephone
01612198100
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
godel technologies ltd 100%
godel technologies europe limited Estimated Valuation
Pomanda estimates the enterprise value of GODEL TECHNOLOGIES EUROPE LIMITED at £95m based on a Turnover of £80.9m and 1.17x industry multiple (adjusted for size and gross margin).
godel technologies europe limited Estimated Valuation
Pomanda estimates the enterprise value of GODEL TECHNOLOGIES EUROPE LIMITED at £180.7m based on an EBITDA of £21.7m and a 8.33x industry multiple (adjusted for size and gross margin).
godel technologies europe limited Estimated Valuation
Pomanda estimates the enterprise value of GODEL TECHNOLOGIES EUROPE LIMITED at £63.6m based on Net Assets of £28.5m and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Godel Technologies Europe Limited Overview
Godel Technologies Europe Limited is a live company located in manchester, M1 4ET with a Companies House number of 04551774. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2002, it's largest shareholder is godel technologies ltd with a 100% stake. Godel Technologies Europe Limited is a mature, large sized company, Pomanda has estimated its turnover at £80.9m with rapid growth in recent years.
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Godel Technologies Europe Limited Health Check
Pomanda's financial health check has awarded Godel Technologies Europe Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
3 Weak
Size
annual sales of £80.9m, make it larger than the average company (£3.7m)
£80.9m - Godel Technologies Europe Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (7.6%)
31% - Godel Technologies Europe Limited
7.6% - Industry AVG
Production
with a gross margin of 24.6%, this company has a higher cost of product (71.8%)
24.6% - Godel Technologies Europe Limited
71.8% - Industry AVG
Profitability
an operating margin of 26.7% make it more profitable than the average company (3.6%)
26.7% - Godel Technologies Europe Limited
3.6% - Industry AVG
Employees
with 45 employees, this is above the industry average (33)
45 - Godel Technologies Europe Limited
33 - Industry AVG
Pay Structure
on an average salary of £810.4k, the company has a higher pay structure (£67.5k)
£810.4k - Godel Technologies Europe Limited
£67.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.8m, this is more efficient (£114.2k)
£1.8m - Godel Technologies Europe Limited
£114.2k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is earlier than average (60 days)
37 days - Godel Technologies Europe Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (46 days)
36 days - Godel Technologies Europe Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Godel Technologies Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 78 weeks, this is more cash available to meet short term requirements (19 weeks)
78 weeks - Godel Technologies Europe Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.7%, this is a lower level of debt than the average (62.1%)
32.7% - Godel Technologies Europe Limited
62.1% - Industry AVG
GODEL TECHNOLOGIES EUROPE LIMITED financials
Godel Technologies Europe Limited's latest turnover from December 2022 is £80.9 million and the company has net assets of £28.5 million. According to their latest financial statements, Godel Technologies Europe Limited has 45 employees and maintains cash reserves of £20.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 80,859,679 | 62,321,305 | 45,915,349 | 35,594,324 | 21,710,752 | 13,853,124 | 9,030,101 | 5,587,479 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 60,945,680 | 39,506,931 | 28,710,739 | 25,622,576 | 14,606,234 | 9,416,167 | 6,088,849 | 3,490,884 | ||||||
| Gross Profit | 19,913,999 | 22,814,374 | 17,204,610 | 9,971,748 | 7,104,518 | 4,436,957 | 2,941,252 | 2,096,595 | ||||||
| Admin Expenses | -1,661,997 | 2,055,370 | 4,226,542 | 2,126,657 | 1,728,945 | 3,079,786 | 554,339 | 1,051,306 | ||||||
| Operating Profit | 21,575,996 | 20,759,004 | 12,978,068 | 7,845,091 | 5,375,573 | 1,357,171 | 2,386,913 | 1,045,289 | ||||||
| Interest Payable | 0 | 0 | 964 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 6,397 | 0 | 0 | 10 | 530 | 108 | 2,141 | 414 | ||||||
| Pre-Tax Profit | 21,582,393 | 20,759,004 | 12,977,104 | 5,602,168 | 6,549,686 | 1,357,279 | 2,389,054 | 1,045,703 | ||||||
| Tax | -4,667,481 | -3,589,331 | -2,845,767 | -1,465,406 | -96,991 | -273,115 | 27,899 | 177,729 | ||||||
| Profit After Tax | 16,914,912 | 17,169,673 | 10,131,337 | 4,136,762 | 6,452,695 | 1,084,164 | 2,416,953 | 1,223,432 | ||||||
| Dividends Paid | 10,706,707 | 14,673,974 | 0 | 0 | 1,200,000 | 2,600,000 | 2,080,000 | 880,000 | ||||||
| Retained Profit | 6,208,205 | 2,495,699 | 10,131,337 | 4,136,762 | 5,252,695 | -1,515,836 | 336,953 | 343,432 | ||||||
| Employee Costs | 36,466,876 | 36,622,397 | 28,491,162 | 21,770,205 | 12,856,145 | 1,155,806 | 517,733 | 486,869 | ||||||
| Number Of Employees | 45 | 37 | 39 | 32 | 28 | 25 | 18 | 17 | ||||||
| EBITDA* | 21,692,468 | 20,915,028 | 13,112,732 | 7,981,691 | 5,482,107 | 1,434,208 | 2,447,358 | 1,081,407 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 178,582 | 117,198 | 224,596 | 288,283 | 327,131 | 109,237 | 100,245 | 110,260 | 63,967 | 31,808 | 36,212 | 27,193 | 32,912 | 14,718 |
| Intangible Assets | 404,246 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 47,795 | 12,339 | 10,039 | 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 |
| Total Fixed Assets | 630,623 | 129,537 | 234,635 | 288,283 | 327,131 | 109,237 | 100,245 | 110,260 | 63,967 | 31,808 | 36,212 | 27,193 | 32,912 | 14,718 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,244,994 | 6,422,358 | 3,805,549 | 6,290,629 | 4,123,754 | 2,907,036 | 1,950,875 | 1,064,219 | 568,723 | 1,230,462 | 1,106,661 | 1,104,798 | 835,496 | 405,837 |
| Group Debtors | 10,745,523 | 10,149,697 | 13,044,496 | 6,837,287 | 1,871,303 | 149,476 | 0 | 749,068 | 850,584 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,796,112 | 1,530,407 | 233,660 | 279,363 | 1,155,865 | 234,068 | 976,078 | 413,755 | 99,444 | 0 | 0 | 0 | 0 | 0 |
| Cash | 20,934,043 | 12,406,193 | 12,797,645 | 2,765,576 | 1,418,392 | 451,611 | 657,284 | 405,634 | 399,509 | 196,397 | 337,875 | 299,608 | 332,805 | 19,670 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 41,720,672 | 30,508,655 | 29,881,350 | 16,172,855 | 8,569,314 | 3,742,191 | 3,584,237 | 2,632,676 | 1,918,260 | 1,426,859 | 1,444,536 | 1,404,406 | 1,168,301 | 425,507 |
| total assets | 42,351,295 | 30,638,192 | 30,115,985 | 16,461,138 | 8,896,445 | 3,851,428 | 3,684,482 | 2,742,936 | 1,982,227 | 1,458,667 | 1,480,748 | 1,431,599 | 1,201,213 | 440,225 |
| Bank overdraft | 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 |
| Trade Creditors | 6,126,408 | 3,837,742 | 2,619,458 | 3,341,080 | 1,369,971 | 138,949 | 408,182 | 510,347 | 378,424 | 706,887 | 548,177 | 457,204 | 314,783 | 281,926 |
| Group/Directors Accounts | 8,267 | 0 | 0 | 627,887 | 645,845 | 989,900 | 598,569 | 222,500 | 51,612 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 2,129,768 | 1,322,208 | 0 | 1,144,864 | 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 |
| other current liabilities | 7,700,263 | 4,476,753 | 5,519,704 | 1,451,211 | 1,297,900 | 1,280,258 | 854,678 | 518,672 | 432,717 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 13,834,938 | 8,314,495 | 10,268,930 | 6,742,386 | 3,313,716 | 3,553,971 | 1,861,429 | 1,251,519 | 862,753 | 706,887 | 548,177 | 457,204 | 314,783 | 281,926 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 140,000 | 149,170 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 15,545 | 34,602 | 37,636 | 38,375 | 5,798 | 15,558 | 20,875 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 15,545 | 34,602 | 37,636 | 38,375 | 5,798 | 15,558 | 20,875 | 0 | 0 | 0 | 140,000 | 149,170 | 0 |
| total liabilities | 13,834,938 | 8,330,040 | 10,303,532 | 6,780,022 | 3,352,091 | 3,559,769 | 1,876,987 | 1,272,394 | 862,753 | 706,887 | 548,177 | 597,204 | 463,953 | 281,926 |
| net assets | 28,516,357 | 22,308,152 | 19,812,453 | 9,681,116 | 5,544,354 | 291,659 | 1,807,495 | 1,470,542 | 1,119,474 | 751,780 | 932,571 | 834,395 | 737,260 | 158,299 |
| total shareholders funds | 28,516,357 | 22,308,152 | 19,812,453 | 9,681,116 | 5,544,354 | 291,659 | 1,807,495 | 1,470,542 | 1,119,474 | 751,780 | 932,571 | 834,395 | 737,260 | 158,299 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 21,575,996 | 20,759,004 | 12,978,068 | 7,845,091 | 5,375,573 | 1,357,171 | 2,386,913 | 1,045,289 | ||||||
| Depreciation | 96,664 | 156,024 | 134,664 | 136,600 | 106,534 | 77,037 | 60,445 | 36,118 | 26,820 | 19,445 | 33,229 | 30,061 | 29,793 | 14,209 |
| Amortisation | 19,808 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,667,481 | -3,589,331 | -2,845,767 | -1,465,406 | -96,991 | -273,115 | 27,899 | 177,729 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,684,167 | 1,018,757 | 3,676,426 | 6,256,357 | 3,860,342 | 363,627 | 699,911 | 708,291 | 288,289 | 123,801 | 1,863 | 269,302 | 429,659 | 405,837 |
| Creditors | 2,288,666 | 1,218,284 | -721,622 | 1,971,109 | 1,231,022 | -269,233 | -102,165 | 131,923 | -328,463 | 158,710 | 90,973 | 142,421 | 32,857 | 281,926 |
| Accruals and Deferred Income | 3,223,510 | -1,042,951 | 4,068,493 | 153,311 | 17,642 | 425,580 | 336,006 | 85,955 | 432,717 | 0 | -140,000 | -9,170 | 149,170 | 0 |
| Deferred Taxes & Provisions | -15,545 | -19,057 | -3,034 | -739 | 32,577 | -9,760 | -5,317 | 20,875 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 19,837,451 | 16,463,216 | 9,934,376 | 2,383,609 | 2,806,015 | 944,053 | 2,003,870 | 789,598 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 35,456 | 2,300 | 10,039 | 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 |
| Group/Directors Accounts | 8,267 | 0 | -627,887 | -17,958 | -344,055 | 391,331 | 376,069 | 170,888 | 51,612 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -2,129,768 | 807,560 | 1,322,208 | -1,144,864 | 1,144,864 | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 6,397 | 0 | -964 | 10 | 530 | 108 | 2,141 | 414 | ||||||
| cash flow from financing | 14,664 | -2,129,768 | 178,709 | 1,304,260 | -1,488,389 | 1,536,303 | 378,210 | 178,938 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 8,527,850 | -391,452 | 10,032,069 | 1,347,184 | 966,781 | -205,673 | 251,650 | 6,125 | 203,112 | -141,478 | 38,267 | -33,197 | 313,135 | 19,670 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,527,850 | -391,452 | 10,032,069 | 1,347,184 | 966,781 | -205,673 | 251,650 | 6,125 | 203,112 | -141,478 | 38,267 | -33,197 | 313,135 | 19,670 |
godel technologies europe limited Credit Report and Business Information
Godel Technologies Europe Limited Competitor Analysis
Perform a competitor analysis for godel technologies europe limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
godel technologies europe limited Ownership
GODEL TECHNOLOGIES EUROPE LIMITED group structure
Godel Technologies Europe Limited has no subsidiary companies.
Ultimate parent company
THE SCOTT FLETCHER 2008 DISCRETIONARY
#0102759
2 parents
GODEL TECHNOLOGIES EUROPE LIMITED
04551774
godel technologies europe limited directors
Godel Technologies Europe Limited currently has 2 directors. The longest serving directors include Mr Robert Nugent (Aug 2012) and Mr Gareth Ainsworth (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Nugent | England | 41 years | Aug 2012 | - | Director |
| Mr Gareth Ainsworth | United Kingdom | 43 years | May 2024 | - | Director |
P&L
December 2022turnover
80.9m
+30%
operating profit
21.6m
+4%
gross margin
24.7%
-32.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
28.5m
+0.28%
total assets
42.4m
+0.38%
cash
20.9m
+0.69%
net assets
Total assets minus all liabilities
Similar Companies
godel technologies europe limited company details
company number
04551774
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2002
age
22
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
9th floor, neo charlotte street, manchester, M1 4ET
last accounts submitted
December 2022
godel technologies europe 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 godel technologies europe limited.
godel technologies europe limited Companies House Filings - See Documents
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