futro systems limited
futro systems limited Company Information
Company Number
04577005
Website
futro-systems.comRegistered Address
olympia house armitage road, london, NW11 8RQ
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Paul McKen21 Years
Shareholders
paul mcken 100%
futro systems limited Estimated Valuation
Pomanda estimates the enterprise value of FUTRO SYSTEMS LIMITED at £99.8k based on a Turnover of £183.7k and 0.54x industry multiple (adjusted for size and gross margin).
futro systems limited Estimated Valuation
Pomanda estimates the enterprise value of FUTRO SYSTEMS LIMITED at £0 based on an EBITDA of £-38.3k and a 3.84x industry multiple (adjusted for size and gross margin).
futro systems limited Estimated Valuation
Pomanda estimates the enterprise value of FUTRO SYSTEMS LIMITED at £0 based on Net Assets of £-140.2k and 0.39x industry multiple (adjusted for liquidity).
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Futro Systems Limited Overview
Futro Systems Limited is a dissolved company that was located in london, NW11 8RQ with a Companies House number of 04577005. It operated in the other information technology service activities sector, SIC Code 62090. Founded in October 2002, it's largest shareholder was paul mcken with a 100% stake. The last turnover for Futro Systems Limited was estimated at £183.7k.
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Futro Systems Limited Health Check
Pomanda's financial health check has awarded Futro Systems Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £183.7k, make it smaller than the average company (£3m)
- Futro Systems Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (7%)
- Futro Systems Limited
7% - Industry AVG
Production
with a gross margin of 28.6%, this company has a higher cost of product (53.5%)
- Futro Systems Limited
53.5% - Industry AVG
Profitability
an operating margin of -20.9% make it less profitable than the average company (5.7%)
- Futro Systems Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Futro Systems Limited
42 - Industry AVG
Pay Structure
on an average salary of £54.5k, the company has an equivalent pay structure (£54.5k)
- Futro Systems Limited
£54.5k - Industry AVG
Efficiency
resulting in sales per employee of £183.7k, this is more efficient (£142.3k)
- Futro Systems Limited
£142.3k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (54 days)
- Futro Systems Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 485 days, this is slower than average (40 days)
- Futro Systems Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Futro Systems Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Futro Systems Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 508.1%, this is a higher level of debt than the average (66.2%)
508.1% - Futro Systems Limited
66.2% - Industry AVG
FUTRO SYSTEMS LIMITED financials
Futro Systems Limited's latest turnover from December 2016 is estimated at £183.7 thousand and the company has net assets of -£140.2 thousand. According to their latest financial statements, we estimate that Futro Systems Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,640 | 339 | 143 | 2,355 | 10,161 | 14,884 | 17,745 | 25,195 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,640 | 339 | 143 | 2,355 | 10,161 | 14,884 | 17,745 | 25,195 |
| Stock & work in progress | 0 | 5,000 | 5,000 | 5,000 | 10,000 | 10,000 | 0 | 0 |
| Trade Debtors | 32,714 | 1,800 | 75,883 | 107,696 | 72,570 | 34,359 | 88,192 | 12,572 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 3,517 | 1,075 | 666 | 7,988 | 33,630 | 32,302 | 1,045 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 32,714 | 10,317 | 81,958 | 113,362 | 90,558 | 77,989 | 120,494 | 13,617 |
| total assets | 34,354 | 10,656 | 82,101 | 115,717 | 100,719 | 92,873 | 138,239 | 38,812 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 174,541 | 112,544 | 158,024 | 142,769 | 112,870 | 98,968 | 161,837 | 51,964 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 174,541 | 112,544 | 158,024 | 142,769 | 112,870 | 98,968 | 161,837 | 51,964 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 3,900 | 81,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 3,900 | 81,000 |
| total liabilities | 174,541 | 112,544 | 158,024 | 142,769 | 112,870 | 98,968 | 165,737 | 132,964 |
| net assets | -140,187 | -101,888 | -75,923 | -27,052 | -12,151 | -6,095 | -27,498 | -94,152 |
| total shareholders funds | -140,187 | -101,888 | -75,923 | -27,052 | -12,151 | -6,095 | -27,498 | -94,152 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 201 | 2,212 | 8,023 | 11,250 | 19,920 | 14,273 | 13,960 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | -5,000 | 0 | 0 | -5,000 | 0 | 10,000 | 0 | 0 |
| Debtors | 30,914 | -74,083 | -31,813 | 35,126 | 38,211 | -53,833 | 75,620 | 12,572 |
| Creditors | 61,997 | -45,480 | 15,255 | 29,899 | 13,902 | -62,869 | 109,873 | 51,964 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -3,900 | -77,100 | 81,000 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -3,517 | 2,442 | 409 | -7,322 | -25,642 | 1,328 | 31,257 | 1,045 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,517 | 2,442 | 409 | -7,322 | -25,642 | 1,328 | 31,257 | 1,045 |
futro systems limited Credit Report and Business Information
Futro Systems Limited Competitor Analysis
Perform a competitor analysis for futro systems limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in NW11 area or any other competitors across 12 key performance metrics.
futro systems limited Ownership
FUTRO SYSTEMS LIMITED group structure
Futro Systems Limited has no subsidiary companies.
Ultimate parent company
FUTRO SYSTEMS LIMITED
04577005
futro systems limited directors
Futro Systems Limited currently has 1 director, Mr Paul McKen serving since Nov 2002.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul McKen | 51 years | Nov 2002 | - | Director |
P&L
December 2016turnover
183.7k
+231%
operating profit
-38.3k
0%
gross margin
28.7%
+0.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
-140.2k
+0.38%
total assets
34.4k
+2.22%
cash
0
-1%
net assets
Total assets minus all liabilities
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futro systems limited company details
company number
04577005
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2002
age
22
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
rumpelstilskin limited (February 2009)
last accounts submitted
December 2016
address
olympia house armitage road, london, NW11 8RQ
accountant
-
auditor
-
futro systems 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 futro systems limited.
futro systems limited Companies House Filings - See Documents
| date | description | view/download |
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