classic technology limited
classic technology limited Company Information
Company Number
05006210
Website
www.classic-technology.co.ukRegistered Address
the coach house, spring farm lane, bingley, BD16 1BS
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
October 2025
Group Structure
View All
Shareholders
david maxwell 50%
mr ian raymond hargrave 16.7%
View Allclassic technology limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC TECHNOLOGY LIMITED at £192.4k based on a Turnover of £428.9k and 0.45x industry multiple (adjusted for size and gross margin).
classic technology limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC TECHNOLOGY LIMITED at £35k based on an EBITDA of £9.7k and a 3.61x industry multiple (adjusted for size and gross margin).
classic technology limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC TECHNOLOGY LIMITED at £237.2k based on Net Assets of £112.6k and 2.11x industry multiple (adjusted for liquidity).
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Classic Technology Limited Overview
Classic Technology Limited is a live company located in bingley, BD16 1BS with a Companies House number of 05006210. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2004, it's largest shareholder is david maxwell with a 50% stake. Classic Technology Limited is a mature, micro sized company, Pomanda has estimated its turnover at £428.9k with declining growth in recent years.
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Classic Technology Limited Health Check
Pomanda's financial health check has awarded Classic Technology Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £428.9k, make it larger than the average company (£218.5k)
- Classic Technology Limited
£218.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.2%)
- Classic Technology Limited
7.2% - Industry AVG
Production
with a gross margin of 22.6%, this company has a higher cost of product (48.2%)
- Classic Technology Limited
48.2% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (7.9%)
- Classic Technology Limited
7.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Classic Technology Limited
3 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)
- Classic Technology Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £428.9k, this is more efficient (£113k)
- Classic Technology Limited
£113k - Industry AVG
Debtor Days
it gets paid by customers after 260 days, this is later than average (66 days)
- Classic Technology Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (28 days)
- Classic Technology Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Classic Technology Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Classic Technology Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a higher level of debt than the average (50.4%)
63.8% - Classic Technology Limited
50.4% - Industry AVG
CLASSIC TECHNOLOGY LIMITED financials
Classic Technology Limited's latest turnover from January 2024 is estimated at £428.9 thousand and the company has net assets of £112.6 thousand. According to their latest financial statements, Classic Technology Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 305,686 | 294,766 | 302,994 | 339,857 | 6,760 | 45,251 | 94,026 | 55,198 | 94,879 | 27,768 | 94,740 | 81,817 | 88,450 | 151,477 | 172,394 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,102 | 5,857 | 2,443 | 2,187 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 333,380 | 311,858 | 172,131 | 231,207 | 228,947 | 191,651 | 244,561 | 303,746 | 298,877 | 326,911 | 330,602 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 310,788 | 300,623 | 305,437 | 342,044 | 340,140 | 357,109 | 266,157 | 286,405 | 323,826 | 219,419 | 339,301 | 385,563 | 387,327 | 478,388 | 502,996 |
| total assets | 310,788 | 300,623 | 305,437 | 342,044 | 340,140 | 357,109 | 266,157 | 286,405 | 323,826 | 219,419 | 339,301 | 385,563 | 387,327 | 478,388 | 502,996 |
| 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 | 34,023 | 26,792 | 28,260 | 36,591 | 247,861 | 245,290 | 226,110 | 222,465 | 249,978 | 208,166 | 329,032 | 374,521 | 378,487 | 474,268 | 499,625 |
| 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 | 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 | 0 | 0 | 0 |
| total current liabilities | 34,023 | 26,792 | 28,260 | 36,591 | 247,861 | 245,290 | 226,110 | 222,465 | 249,978 | 208,166 | 329,032 | 374,521 | 378,487 | 474,268 | 499,625 |
| 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 | 164,125 | 168,467 | 165,512 | 194,080 | 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 | 164,125 | 168,467 | 165,512 | 194,080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 198,148 | 195,259 | 193,772 | 230,671 | 247,861 | 245,290 | 226,110 | 222,465 | 249,978 | 208,166 | 329,032 | 374,521 | 378,487 | 474,268 | 499,625 |
| net assets | 112,640 | 105,364 | 111,665 | 111,373 | 92,279 | 111,819 | 40,047 | 63,940 | 73,848 | 11,253 | 10,269 | 11,042 | 8,840 | 4,120 | 3,371 |
| total shareholders funds | 112,640 | 105,364 | 111,665 | 111,373 | 92,279 | 111,819 | 40,047 | 63,940 | 73,848 | 11,253 | 10,269 | 11,042 | 8,840 | 4,120 | 3,371 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 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 | 10,165 | -4,814 | -36,607 | 335,284 | -38,491 | -48,775 | 38,828 | -39,681 | 67,111 | -66,972 | 12,923 | -6,633 | -63,027 | -20,917 | 172,394 |
| Creditors | 7,231 | -1,468 | -8,331 | -211,270 | 2,571 | 19,180 | 3,645 | -27,513 | 41,812 | -120,866 | -45,489 | -3,966 | -95,781 | -25,357 | 499,625 |
| Accruals and Deferred Income | -4,342 | 2,955 | -28,568 | 194,080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | -333,380 | 21,522 | 139,727 | -59,076 | 2,260 | 37,296 | -52,910 | -59,185 | 4,869 | -28,034 | -3,691 | 330,602 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -333,380 | 21,522 | 139,727 | -59,076 | 2,260 | 37,296 | -52,910 | -59,185 | 4,869 | -28,034 | -3,691 | 330,602 |
classic technology limited Credit Report and Business Information
Classic Technology Limited Competitor Analysis
Perform a competitor analysis for classic technology limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
classic technology limited Ownership
CLASSIC TECHNOLOGY LIMITED group structure
Classic Technology Limited has no subsidiary companies.
Ultimate parent company
CLASSIC TECHNOLOGY LIMITED
05006210
classic technology limited directors
Classic Technology Limited currently has 3 directors. The longest serving directors include Mr Andrew Page (Jan 2004) and Mr Ian Hargrave (Jan 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Page | 61 years | Jan 2004 | - | Director | |
| Mr Ian Hargrave | England | 64 years | Jan 2004 | - | Director |
| Mr David Maxwell | England | 71 years | Jan 2004 | - | Director |
P&L
January 2024turnover
428.9k
-4%
operating profit
9.7k
0%
gross margin
22.7%
-15.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
112.6k
+0.07%
total assets
310.8k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
classic technology limited company details
company number
05006210
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
January 2004
age
20
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
the coach house, spring farm lane, bingley, BD16 1BS
last accounts submitted
January 2023
classic technology 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 classic technology limited.
classic technology limited Companies House Filings - See Documents
| date | description | view/download |
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