Neworbit Ltd.

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neworbit ltd. Company Information

Live

MatureSmallHigh

Company Number

04990082

Next Accounts

Sep 2025

Industry

Business and domestic software development

Directors

Frans Lytzen

Sean Worthington

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Shareholders

sean worthington

frans lytzen

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Group Structure

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Contact

Registered Address

hampden house warpsgrove lane, chalgrove, oxford, OX44 7RW

Website

www.neworbit.co.uk

neworbit ltd. Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of NEWORBIT LTD. at £4.5m based on a Turnover of £4.7m and 0.96x industry multiple (adjusted for size and gross margin).

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Neworbit Ltd. is a live company located in oxford, OX44 7RW with a Companies House number of 04990082. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2003, it's largest shareholder is sean worthington with a 38.6% stake. Neworbit Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £4.7m with high growth in recent years.

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Pomanda's financial health check has awarded Neworbit Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

5 Strong

4 Regular

2 Weak

Size

annual sales of £4.7m, make it in line with the average company (£4.6m)

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (10.1%)

EXPORT

Neworbit Ltd.'s latest turnover from December 2023 is estimated at £4.7 million and the company has net assets of £1.8 million. According to their latest financial statements, Neworbit Ltd. has 32 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	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	4,669,925	4,705,554	3,375,825	2,324,588	2,412,540	2,352,375	1,510,250	1,866,444	2,103,833	2,506,442	1,079,413	867,724	333,631	143,231	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,315,713	1,327,623	910,701	638,467	649,813	638,065	412,066	516,134	570,208	675,142	307,898	239,887	89,273	35,997	0
Gross Profit	3,354,212	3,377,930	2,465,124	1,686,122	1,762,727	1,714,310	1,098,184	1,350,309	1,533,625	1,831,300	771,515	627,837	244,358	107,234	0
Admin Expenses	2,739,515	3,175,785	1,775,164	1,808,650	1,549,121	1,965,984	956,649	1,374,592	1,432,249	1,685,878	622,347	610,291	222,881	99,693	-7,715
Operating Profit	614,697	202,145	689,960	-122,528	213,606	-251,674	141,535	-24,283	101,376	145,422	149,168	17,546	21,477	7,541	7,715
Interest Payable	0	0	88	86	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	61,748	27,973	1,601	549	4,598	3,988	2,494	1,083	1,391	1,102	745	149	62	38	6
Pre-Tax Profit	676,445	230,119	691,473	-122,065	218,205	-247,686	144,028	-23,200	102,766	146,524	149,913	17,695	21,539	7,579	7,721
Tax	-169,111	-43,723	-131,380	0	-41,459	0	-27,365	0	-20,553	-30,770	-34,480	-4,247	-5,600	-2,122	-2,162
Profit After Tax	507,334	186,396	560,093	-122,065	176,746	-247,686	116,663	-23,200	82,213	115,754	115,433	13,448	15,939	5,457	5,559
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	507,334	186,396	560,093	-122,065	176,746	-247,686	116,663	-23,200	82,213	115,754	115,433	13,448	15,939	5,457	5,559
Employee Costs	2,317,174	1,899,463	1,580,297	1,505,997	2,106,423	1,720,350	1,302,857	1,932,218	1,688,671	1,253,014	587,143	470,610	207,280	101,809	0
Number Of Employees	32	28	25	25	34	28	22	34	31	23	11	9	4	2	0
EBITDA*	624,902	211,444	699,524	-108,815	228,649	-251,674	162,174	81,597	149,340	174,845	163,075	28,443	29,709	11,765	9,236

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	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	10,515	8,825	10,373	8,968	13,502	20,001	18,229	36,209	119,729	66,378	22,936	18,721	18,950	11,150	4,563
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	995	1,047	1,047	1,047	1,310	337	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	11,510	9,872	11,420	10,015	14,812	20,338	18,229	36,209	119,729	66,378	22,936	18,721	18,950	11,150	4,563
Stock & work in progress	0	0	0	0	0	16,045	20,760	91,086	70,894	87,023	0	1,016	11,296	1,145	0
Trade Debtors	938,848	1,091,935	718,727	429,224	326,609	402,892	208,174	146,467	258,573	481,224	196,486	164,751	62,890	25,875	32,191
Group Debtors	0	0	0	43,853	43,853	0	0	0	0	0	0	0	0	0	0
Misc Debtors	35,598	32,305	80,532	20,165	36,675	23,901	63,973	53,454	57,629	0	0	0	0	0	0
Cash	1,596,497	755,811	842,667	437,765	659,690	566,566	497,011	500,438	365,835	190,393	250,234	47,696	11,958	13,007	2,355
misc current assets	0	0	0	0	0	0	303	2,759	285	0	0	0	0	0	0
total current assets	2,570,943	1,880,051	1,641,926	931,007	1,066,827	1,009,404	790,221	794,204	753,216	758,640	446,720	213,463	86,144	40,027	34,546
total assets	2,582,453	1,889,923	1,653,346	941,022	1,081,639	1,029,742	808,450	830,413	872,945	825,018	469,656	232,184	105,094	51,177	39,109
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	146,901	105,746	76,922	4,202	17,684	6,688	4,075	53,194	19,443	288,931	201,233	80,037	66,349	29,819	25,550
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	2,804	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	665,217	522,440	501,009	419,181	426,194	560,804	244,775	180,504	229,909	0	0	0	0	0	0
total current liabilities	812,118	628,186	577,931	426,187	443,878	567,492	248,850	233,698	249,352	288,931	201,233	80,037	66,349	29,819	25,550
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	2,446	1,677	1,971	1,704	2,565	3,800	3,464	7,242	10,920	5,627	4,587	3,744	3,790	2,342	0
total long term liabilities	2,446	1,677	1,971	1,704	2,565	3,800	3,464	7,242	10,920	5,627	4,587	3,744	3,790	2,342	0
total liabilities	814,564	629,863	579,902	427,891	446,443	571,292	252,314	240,940	260,272	294,558	205,820	83,781	70,139	32,161	25,550
net assets	1,767,889	1,260,060	1,073,444	513,131	635,196	458,450	556,136	589,473	612,673	530,460	263,836	148,403	34,955	19,016	13,559
total shareholders funds	1,767,889	1,260,060	1,073,444	513,131	635,196	458,450	556,136	589,473	612,673	530,460	263,836	148,403	34,955	19,016	13,559

	Dec 2023	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	614,697	202,145	689,960	-122,528	213,606	-251,674	141,535	-24,283	101,376	145,422	149,168	17,546	21,477	7,541	7,715
Depreciation	10,205	9,299	9,564	13,713	15,043	0	20,639	105,880	47,964	29,423	13,907	10,897	8,232	4,224	1,521
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-169,111	-43,723	-131,380	0	-41,459	0	-27,365	0	-20,553	-30,770	-34,480	-4,247	-5,600	-2,122	-2,162
Stock	0	0	0	0	-16,045	-4,715	-70,326	20,192	-16,129	87,023	-1,016	-10,280	10,151	1,145	0
Debtors	-149,794	324,981	306,017	86,105	-19,656	154,646	72,226	-116,281	-165,022	284,738	31,735	101,861	37,015	-6,316	32,191
Creditors	41,155	28,824	72,720	-13,482	10,996	2,613	-49,119	33,751	-269,488	87,698	121,196	13,688	36,530	4,269	25,550
Accruals and Deferred Income	142,777	21,431	81,828	-7,013	-134,610	316,029	64,271	-49,405	229,909	0	0	0	0	0	0
Deferred Taxes & Provisions	769	-294	267	-861	-1,235	336	-3,778	-3,678	5,293	1,040	843	-46	1,448	2,342	0
Cash flow from operations	790,286	-107,299	416,942	-216,276	98,042	-82,627	144,283	158,354	275,652	-138,948	219,915	-53,743	14,921	21,425	433
Investing Activities
capital expenditure	-11,895	-7,751	-10,969	-9,179	-8,544	-1,772	-2,659	-22,360	-101,315	-72,865	-18,122	-10,668	-16,032	-10,811	-6,084
Change in Investments	-52	0	0	-263	973	337	0	0	0	0	0	0	0	0	0
cash flow from investments	-11,843	-7,751	-10,969	-8,916	-9,517	-2,109	-2,659	-22,360	-101,315	-72,865	-18,122	-10,668	-16,032	-10,811	-6,084
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	0	0	0	0
Other Short Term Loans	0	0	-2,804	2,804	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	495	220	220	0	0	150,000	-150,000	0	0	150,870	0	100,000	0	0	8,000
interest	61,748	27,973	1,513	463	4,598	3,988	2,494	1,083	1,391	1,102	745	149	62	38	6
cash flow from financing	62,243	28,193	-1,071	3,267	4,598	153,988	-147,506	1,083	1,391	151,972	745	100,149	62	38	8,006
cash and cash equivalents
cash	840,686	-86,856	404,902	-221,925	93,124	69,555	-3,427	134,603	175,442	-59,841	202,538	35,738	-1,049	10,652	2,355
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	840,686	-86,856	404,902	-221,925	93,124	69,555	-3,427	134,603	175,442	-59,841	202,538	35,738	-1,049	10,652	2,355

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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NEWORBIT LTD. group structure

Neworbit Ltd. has no subsidiary companies.

Ultimate parent company

NEWORBIT LTD.

04990082

NEWORBIT LTD. Shareholders

sean worthington	38.59%
frans lytzen	38.59%
matthew baldwin	18.1%
thomas andrew dean	1.05%
phillip eric bennett	1.05%
katherine brooker	1.05%
peter van blerk	0.52%
laura jane lewis	0.26%
stephanie anne jones	0.26%
gillian pope	0.26%

Neworbit Ltd. currently has 3 directors. The longest serving directors include Mr Frans Lytzen (Dec 2003) and Mr Sean Worthington (Dec 2003).

officer	country	age	start	end	role
Mr Frans Lytzen	England	52 years	Dec 2003	-	Director
Mr Sean Worthington	England	55 years	Dec 2003	-	Director
Mr Matthew Baldwin		52 years	Jan 2012	-	Director

P&L

December 2023

turnover

4.7m

-1%

operating profit

614.7k

gross margin

71.9%

+0.06%

turnover

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

Balance Sheet

December 2023

net assets

1.8m

+0.4%

total assets

2.6m

+0.37%

cash

1.6m

+1.11%

net assets

Total assets minus all liabilities

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2.5

company number

04990082

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

December 2003

ultimate parent company

None

previous names

neworbit music ltd (June 2008)

neworbit business consulting ltd. (June 2006)

address

hampden house warpsgrove lane, chalgrove, oxford, OX44 7RW

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neworbit ltd. Company Information

neworbit ltd. Estimated Valuation

neworbit ltd. Estimated Valuation

neworbit ltd. Estimated Valuation

Neworbit Ltd. Overview

Neworbit Ltd. Health Check

NEWORBIT LTD. financials

neworbit ltd. Credit Report and Business Information

Neworbit Ltd. Competitor Analysis

neworbit ltd. Ownership

neworbit ltd. directors

neworbit ltd. company details

neworbit ltd. Charges & Mortgages

neworbit ltd. Capital Raised & Share Issues BETA

neworbit ltd. Companies House Filings - See Documents