ryality bytes ltd
ryality bytes ltd Company Information
Company Number
04853808
Website
http://greydogsoftware.comRegistered Address
203 bills lane, shirley, solihull, west midlands, B90 2PJ
Industry
Computer consultancy activities
Telephone
01217457397
Next Accounts Due
May 2025
Group Structure
View All
Directors
Adam Ryland20 Years
Shareholders
adam ryland 100%
ryality bytes ltd Estimated Valuation
Pomanda estimates the enterprise value of RYALITY BYTES LTD at £47.3k based on a Turnover of £82.2k and 0.58x industry multiple (adjusted for size and gross margin).
ryality bytes ltd Estimated Valuation
Pomanda estimates the enterprise value of RYALITY BYTES LTD at £0 based on an EBITDA of £-6k and a 4.64x industry multiple (adjusted for size and gross margin).
ryality bytes ltd Estimated Valuation
Pomanda estimates the enterprise value of RYALITY BYTES LTD at £538.2k based on Net Assets of £255.5k and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ryality Bytes Ltd Overview
Ryality Bytes Ltd is a live company located in solihull, B90 2PJ with a Companies House number of 04853808. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in August 2003, it's largest shareholder is adam ryland with a 100% stake. Ryality Bytes Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £82.2k with declining growth in recent years.
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Ryality Bytes Ltd Health Check
Pomanda's financial health check has awarded Ryality Bytes Ltd a 3.5 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 £82.2k, make it smaller than the average company (£856k)
- Ryality Bytes Ltd
£856k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (6.4%)
- Ryality Bytes Ltd
6.4% - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
- Ryality Bytes Ltd
48.4% - Industry AVG
Profitability
an operating margin of -7.3% make it less profitable than the average company (7.4%)
- Ryality Bytes Ltd
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Ryality Bytes Ltd
8 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)
- Ryality Bytes Ltd
£53.1k - Industry AVG
Efficiency
resulting in sales per employee of £82.2k, this is less efficient (£124.4k)
- Ryality Bytes Ltd
£124.4k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is earlier than average (66 days)
- Ryality Bytes Ltd
66 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ryality Bytes Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ryality Bytes Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1107 weeks, this is more cash available to meet short term requirements (18 weeks)
1107 weeks - Ryality Bytes Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.5%, this is a lower level of debt than the average (56.2%)
4.5% - Ryality Bytes Ltd
56.2% - Industry AVG
RYALITY BYTES LTD financials
Ryality Bytes Ltd's latest turnover from August 2023 is estimated at £82.2 thousand and the company has net assets of £255.5 thousand. According to their latest financial statements, Ryality Bytes Ltd has 1 employee and maintains cash reserves of £256.9 thousand 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 | Aug 2010 | Aug 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* 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 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17 | 25 | 37 | 57 | 86 | 129 | 194 | 291 | 287 | 90 | 135 | 202 | 303 | 455 | 295 |
| 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 | 17 | 25 | 37 | 57 | 86 | 129 | 194 | 291 | 287 | 90 | 135 | 202 | 303 | 455 | 295 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,656 | 18,588 | 14,685 | 27,922 | 8,741 | 13,915 | 14,926 | 18,678 | 10,415 | 6,305 | 8,302 | 5,579 | 7,493 | 5,992 | 3,169 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 256,930 | 243,668 | 248,171 | 225,838 | 137,525 | 137,601 | 118,836 | 103,203 | 51,054 | 42,895 | 53,247 | 26,905 | 35,857 | 45,448 | 38,931 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 267,586 | 262,256 | 262,856 | 253,760 | 146,266 | 151,516 | 133,762 | 121,881 | 61,469 | 49,200 | 61,549 | 32,484 | 43,350 | 51,440 | 42,100 |
| total assets | 267,603 | 262,281 | 262,893 | 253,817 | 146,352 | 151,645 | 133,956 | 122,172 | 61,756 | 49,290 | 61,684 | 32,686 | 43,653 | 51,895 | 42,395 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,785 | 7,076 | 13,167 | 7,478 | 9,716 | 11,526 | 10,314 |
| Group/Directors Accounts | 396 | 396 | 431 | 401 | 0 | 0 | 804 | 395 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 11,671 | 11,217 | 15,800 | 30,368 | 9,119 | 12,967 | 13,575 | 20,692 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 12,067 | 11,613 | 16,231 | 30,769 | 9,119 | 14,167 | 14,379 | 21,087 | 10,785 | 7,076 | 13,167 | 7,478 | 9,716 | 11,526 | 10,314 |
| 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 | 3 | 5 | 7 | 11 | 16 | 25 | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3 | 5 | 7 | 11 | 16 | 25 | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 12,070 | 11,618 | 16,238 | 30,780 | 9,135 | 14,192 | 14,416 | 21,087 | 10,785 | 7,076 | 13,167 | 7,478 | 9,716 | 11,526 | 10,314 |
| net assets | 255,533 | 250,663 | 246,655 | 223,037 | 137,217 | 137,453 | 119,540 | 101,085 | 50,971 | 42,214 | 48,517 | 25,208 | 33,937 | 40,369 | 32,081 |
| total shareholders funds | 255,533 | 250,663 | 246,655 | 223,037 | 137,217 | 137,453 | 119,540 | 101,085 | 50,971 | 42,214 | 48,517 | 25,208 | 33,937 | 40,369 | 32,081 |
| 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 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 8 | 12 | 20 | 29 | 43 | 65 | 97 | 146 | 143 | 45 | 67 | 101 | 152 | 227 | 148 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,932 | 3,903 | -13,237 | 19,181 | -5,174 | -1,011 | -3,752 | 8,263 | 4,110 | -1,997 | 2,723 | -1,914 | 1,501 | 2,823 | 3,169 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,785 | 3,709 | -6,091 | 5,689 | -2,238 | -1,810 | 1,212 | 10,314 |
| Accruals and Deferred Income | 454 | -4,583 | -14,568 | 21,249 | -3,848 | -608 | -7,117 | 20,692 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -2 | -2 | -4 | -5 | -9 | -12 | 37 | 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 | 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 | -35 | 30 | 401 | 0 | -804 | 409 | 395 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 13,262 | -4,503 | 22,333 | 88,313 | -76 | 18,765 | 15,633 | 52,149 | 8,159 | -10,352 | 26,342 | -8,952 | -9,591 | 6,517 | 38,931 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 13,262 | -4,503 | 22,333 | 88,313 | -76 | 18,765 | 15,633 | 52,149 | 8,159 | -10,352 | 26,342 | -8,952 | -9,591 | 6,517 | 38,931 |
ryality bytes ltd Credit Report and Business Information
Ryality Bytes Ltd Competitor Analysis
Perform a competitor analysis for ryality bytes ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ryality bytes ltd Ownership
RYALITY BYTES LTD group structure
Ryality Bytes Ltd has no subsidiary companies.
Ultimate parent company
RYALITY BYTES LTD
04853808
ryality bytes ltd directors
Ryality Bytes Ltd currently has 1 director, Mr Adam Ryland serving since Sep 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Ryland | 43 years | Sep 2003 | - | Director |
P&L
August 2023turnover
82.2k
-23%
operating profit
-6k
0%
gross margin
48.5%
+1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
255.5k
+0.02%
total assets
267.6k
+0.02%
cash
256.9k
+0.05%
net assets
Total assets minus all liabilities
Similar Companies
ryality bytes ltd company details
company number
04853808
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
August 2003
age
21
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
203 bills lane, shirley, solihull, west midlands, B90 2PJ
last accounts submitted
August 2023
ryality bytes ltd 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 ryality bytes ltd.
ryality bytes ltd Companies House Filings - See Documents
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