8x8 uk limited Company Information
Company Number
05083841
Website
www.8x8.co.ukRegistered Address
oxford house, bell business park, smeaton close, aylesbury, buckinghamshire, HP19 8JR
Industry
Other telecommunications activities
Telephone
02070966000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
8x8 international holding co 100%
8x8 uk limited Estimated Valuation
Pomanda estimates the enterprise value of 8X8 UK LIMITED at £229m based on a Turnover of £83.2m and 2.75x industry multiple (adjusted for size and gross margin).
8x8 uk limited Estimated Valuation
Pomanda estimates the enterprise value of 8X8 UK LIMITED at £0 based on an EBITDA of £-3.1m and a 9.85x industry multiple (adjusted for size and gross margin).
8x8 uk limited Estimated Valuation
Pomanda estimates the enterprise value of 8X8 UK LIMITED at £16.1m based on Net Assets of £15.1m and 1.06x industry multiple (adjusted for liquidity).
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8x8 Uk Limited Overview
8x8 Uk Limited is a live company located in aylesbury, HP19 8JR with a Companies House number of 05083841. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in March 2004, it's largest shareholder is 8x8 international holding co with a 100% stake. 8x8 Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £83.2m with healthy growth in recent years.
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8x8 Uk Limited Health Check
Pomanda's financial health check has awarded 8X8 Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £83.2m, make it larger than the average company (£12m)
£83.2m - 8x8 Uk Limited
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (3.5%)
10% - 8x8 Uk Limited
3.5% - Industry AVG
Production
with a gross margin of 65.7%, this company has a lower cost of product (38.5%)
65.7% - 8x8 Uk Limited
38.5% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (4.3%)
-4.7% - 8x8 Uk Limited
4.3% - Industry AVG
Employees
with 364 employees, this is above the industry average (51)
364 - 8x8 Uk Limited
51 - Industry AVG
Pay Structure
on an average salary of £135.1k, the company has a higher pay structure (£57.9k)
£135.1k - 8x8 Uk Limited
£57.9k - Industry AVG
Efficiency
resulting in sales per employee of £228.5k, this is equally as efficient (£222.3k)
£228.5k - 8x8 Uk Limited
£222.3k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (40 days)
39 days - 8x8 Uk Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (44 days)
30 days - 8x8 Uk Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (10 days)
1 days - 8x8 Uk Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (9 weeks)
44 weeks - 8x8 Uk Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.1%, this is a similar level of debt than the average (63.6%)
62.1% - 8x8 Uk Limited
63.6% - Industry AVG
8X8 UK LIMITED financials
8X8 Uk Limited's latest turnover from March 2023 is £83.2 million and the company has net assets of £15.1 million. According to their latest financial statements, 8X8 Uk Limited has 364 employees and maintains cash reserves of £20.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 83,191,674 | 78,864,348 | 67,458,662 | 62,347,143 | 43,665,001 | 19,680,031 | 13,052,567 | 9,535,735 | 7,392,266 | 6,032,488 | 5,309,765 | 4,368,600 | 4,479,068 | 3,492,550 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 28,544,982 | 19,398,097 | 16,702,340 | 16,721,800 | 8,653,156 | 4,788,291 | 5,220,712 | 4,215,262 | 3,726,818 | 2,737,709 | 2,382,239 | 2,312,668 | 2,243,975 | 1,839,320 |
Gross Profit | 54,646,692 | 59,466,251 | 50,756,322 | 45,625,343 | 35,011,845 | 14,891,740 | 7,831,855 | 5,320,473 | 3,665,448 | 3,294,779 | 2,927,526 | 2,055,932 | 2,235,093 | 1,653,230 |
Admin Expenses | 58,551,028 | 56,560,655 | 47,007,413 | 44,934,127 | 34,574,552 | 14,641,279 | 8,868,538 | 6,534,270 | 5,102,811 | 4,930,194 | 3,171,825 | 2,616,689 | 2,414,993 | 2,168,678 |
Operating Profit | -3,904,336 | 2,905,596 | 3,748,909 | 691,216 | 437,293 | 250,461 | -1,036,683 | -1,213,797 | -1,437,363 | -1,635,415 | -244,299 | -560,757 | -179,900 | -515,448 |
Interest Payable | 2,089 | 3,477 | 62,653 | 88,953 | 98,965 | 0 | 97,698 | 11,030 | 18,788 | 169,400 | 188,119 | 137,974 | 99,828 | 120,300 |
Interest Receivable | 90 | 18 | 1,947 | 0 | 0 | 46 | 342 | 761 | 609 | 0 | 75 | 83 | 106 | 222 |
Pre-Tax Profit | -3,906,335 | 2,902,137 | 3,688,203 | 602,263 | 338,328 | 250,507 | -1,134,039 | -1,224,066 | -1,455,542 | -1,804,815 | -432,343 | -698,648 | -279,622 | -635,526 |
Tax | 1,044 | 89,339 | 42,840 | 155,812 | 148,392 | -35,529 | 64,846 | -17,528 | -25,831 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | -3,905,291 | 2,991,476 | 3,731,043 | 758,075 | 486,720 | 214,978 | -1,069,193 | -1,241,594 | -1,481,373 | -1,804,815 | -432,343 | -698,648 | -279,622 | -635,526 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -3,905,291 | 2,991,476 | 3,731,043 | 758,075 | 486,720 | 214,978 | -1,069,193 | -1,241,594 | -1,481,373 | -1,804,815 | -432,343 | -698,648 | -279,622 | -635,526 |
Employee Costs | 49,189,372 | 50,084,801 | 34,564,836 | 30,861,642 | 21,807,691 | 8,651,046 | 7,163,532 | 4,976,816 | 3,476,962 | 2,292,149 | 1,694,596 | |||
Number Of Employees | 364 | 361 | 330 | 335 | 267 | 128 | 105 | 79 | 58 | 42 | 38 | |||
EBITDA* | -3,091,477 | 4,046,916 | 5,438,376 | 2,912,877 | 2,425,050 | 715,201 | -681,619 | -863,905 | -1,144,254 | -1,320,737 | -48,174 | -442,387 | 37,443 | -213,285 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 606,399 | 1,094,799 | 1,542,756 | 2,531,141 | 3,276,759 | 1,176,740 | 223,993 | 251,646 | 468,016 | 215,802 | 848,195 | 192,467 | 102,350 | 197,854 |
Intangible Assets | 532,747 | 538,346 | 560,961 | 713,834 | 1,142,434 | 642,137 | 492,399 | 511,260 | 321,011 | 437,831 | 471,510 | 366,270 | 261,005 | 202,517 |
Investments & Other | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 3,299,302 | 2,642,807 | 2,422,047 | 2,129,068 | 523,470 | 635,556 | 592,937 | 559,790 | 423,796 | 118,441 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,438,449 | 4,275,953 | 4,525,764 | 5,374,043 | 4,942,663 | 2,454,433 | 1,309,329 | 1,322,696 | 1,212,823 | 772,074 | 1,319,705 | 558,737 | 363,355 | 400,371 |
Stock & work in progress | 129,197 | 6,947 | 6,947 | 23,828 | 29,277 | 311,530 | 403,182 | 336,947 | 314,485 | 198,022 | 58,459 | 9,224 | 21,892 | 28,762 |
Trade Debtors | 8,895,280 | 6,344,740 | 8,217,006 | 4,917,567 | 4,160,939 | 2,774,688 | 1,688,319 | 1,091,176 | 515,272 | 126,894 | 314,784 | 244,951 | 759,756 | 506,159 |
Group Debtors | 0 | 0 | 0 | 4,855,665 | 2,967,531 | 533,128 | 323,074 | 68,182 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 6,315,881 | 6,202,770 | 6,625,497 | 4,799,682 | 2,748,190 | 1,157,473 | 1,301,211 | 894,253 | 488,484 | 349,059 | 205,336 | 541,193 | 68,260 | 74,313 |
Cash | 20,206,721 | 13,757,123 | 10,047,250 | 4,048,898 | 3,746,284 | 1,386,713 | 1,634,713 | 2,496,015 | 2,781,315 | 2,627,111 | 57,486 | 172,792 | 89,834 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 35,547,079 | 26,311,580 | 24,896,700 | 18,645,640 | 13,652,221 | 6,163,532 | 5,350,499 | 4,886,573 | 4,099,556 | 3,301,086 | 636,065 | 968,160 | 939,742 | 609,234 |
total assets | 39,985,528 | 30,587,533 | 29,422,464 | 24,019,683 | 18,594,884 | 8,617,965 | 6,659,828 | 6,209,269 | 5,312,379 | 4,073,160 | 1,955,770 | 1,526,897 | 1,303,097 | 1,009,605 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,497 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 2,353,156 | 2,021,423 | 2,103,472 | 1,985,123 | 1,184,972 | 1,266,345 | 1,025,198 | 818,419 | 502,214 | 330,413 | 764,252 | 560,394 | 428,032 | 385,606 |
Group/Directors Accounts | 6,007,709 | 950,675 | 2,445,677 | 4,079,426 | 4,017,277 | 0 | 475,937 | 0 | 110,172 | 45,496 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 42,636 | 204,109 | 0 | 0 | 0 | 12,469 | 70,814 | 92,287 | 0 | 0 | 3,737 |
other current liabilities | 15,324,582 | 13,173,165 | 11,717,016 | 7,631,936 | 5,002,195 | 2,389,456 | 1,252,269 | 1,080,528 | 898,277 | 890,769 | 1,820,983 | 2,869,249 | 1,553,812 | 1,390,890 |
total current liabilities | 23,685,447 | 16,145,263 | 16,266,165 | 13,739,121 | 10,408,553 | 3,655,801 | 2,753,404 | 1,898,947 | 1,523,132 | 1,337,492 | 2,677,522 | 3,429,643 | 1,981,844 | 1,808,730 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,600,000 | 2,600,000 | 0 | 1,550,446 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 28,132 | 0 | 0 | 0 | 0 | 19,978 | 89,803 | 26,912 | 0 | 0 |
Accruals and Deferred Income | 1,159,394 | 1,637,178 | 2,321,342 | 983,566 | 84,168 | 13,888 | 31,548 | 82,190 | 238,826 | 546,300 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 14,042 | 0 | 43,359 | 25,831 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 1,159,394 | 1,637,178 | 2,321,342 | 983,566 | 112,300 | 27,930 | 31,548 | 2,725,549 | 2,864,657 | 566,278 | 1,640,249 | 26,912 | 0 | 0 |
total liabilities | 24,844,841 | 17,782,441 | 18,587,507 | 14,722,687 | 10,520,853 | 3,683,731 | 2,784,952 | 4,624,496 | 4,387,789 | 1,903,770 | 4,317,771 | 3,456,555 | 1,981,844 | 1,808,730 |
net assets | 15,140,687 | 12,805,092 | 10,834,957 | 9,296,996 | 8,074,031 | 4,934,234 | 3,874,876 | 1,584,773 | 924,590 | 2,169,390 | -2,362,001 | -1,929,658 | -678,747 | -799,125 |
total shareholders funds | 15,140,687 | 12,805,092 | 10,834,957 | 9,296,996 | 8,074,031 | 4,934,234 | 3,874,876 | 1,584,773 | 924,590 | 2,169,390 | -2,362,001 | -1,929,658 | -678,747 | -799,125 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -3,904,336 | 2,905,596 | 3,748,909 | 691,216 | 437,293 | 250,461 | -1,036,683 | -1,213,797 | -1,437,363 | -1,635,415 | -244,299 | -560,757 | -179,900 | -515,448 |
Depreciation | 807,260 | 1,118,705 | 1,536,595 | 1,739,463 | 1,440,195 | 205,328 | 116,692 | 90,768 | 133,570 | 96,915 | 94,982 | 51,067 | 157,546 | 236,440 |
Amortisation | 5,599 | 22,615 | 152,872 | 482,198 | 547,562 | 259,412 | 238,372 | 259,124 | 159,539 | 217,763 | 101,143 | 67,303 | 59,797 | 65,723 |
Tax | 1,044 | 89,339 | 42,840 | 155,812 | 148,392 | -35,529 | 64,846 | -17,528 | -25,831 | 0 | 0 | 0 | 0 | 0 |
Stock | 122,250 | 0 | -16,881 | -5,449 | -282,253 | -91,652 | 66,235 | 22,462 | 116,463 | 139,563 | 49,235 | -12,668 | -6,870 | 28,762 |
Debtors | 3,320,146 | -2,074,233 | 562,568 | 6,301,852 | 5,299,285 | 1,195,304 | 1,292,140 | 1,185,849 | 833,158 | 74,274 | -266,024 | -41,872 | 247,544 | 580,472 |
Creditors | 331,733 | -82,049 | 118,349 | 800,151 | -81,373 | 241,147 | 206,779 | 316,205 | 171,801 | -433,839 | 203,858 | 132,362 | 42,426 | 385,606 |
Accruals and Deferred Income | 1,673,633 | 771,985 | 5,422,856 | 3,529,139 | 2,683,019 | 1,119,527 | 121,099 | 25,615 | -299,966 | -383,914 | -1,048,266 | 1,315,437 | 162,922 | 1,390,890 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -14,042 | 14,042 | -43,359 | 17,528 | 25,831 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -4,527,463 | 6,900,424 | 10,476,734 | 1,101,576 | 144,014 | 950,736 | -1,690,629 | -1,730,396 | -2,222,040 | -2,352,327 | -675,793 | 1,059,952 | 2,117 | 953,977 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 1 | 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 |
Group/Directors Accounts | 5,057,034 | -1,495,002 | -1,633,749 | 62,149 | 4,017,277 | -475,937 | 475,937 | -110,172 | 64,676 | 45,496 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -2,600,000 | 0 | 2,600,000 | -1,550,446 | 1,550,446 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | -42,636 | -189,605 | 232,241 | 0 | 0 | -12,469 | -78,323 | -91,298 | 155,178 | 26,912 | -3,737 | 3,737 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -1,999 | -3,459 | -60,706 | -88,953 | -98,965 | 46 | -97,356 | -10,269 | -18,179 | -169,400 | -188,044 | -137,891 | -99,722 | -120,078 |
cash flow from financing | 11,295,921 | -2,519,802 | -3,930,173 | 248,481 | 6,803,630 | 368,489 | 1,137,877 | 1,768,867 | 2,804,747 | 4,570,558 | 1,517,580 | -663,242 | 296,541 | -279,940 |
cash and cash equivalents | ||||||||||||||
cash | 6,449,598 | 3,709,873 | 5,998,352 | 302,614 | 2,359,571 | -248,000 | -861,302 | -285,300 | 154,204 | 2,569,625 | -115,306 | 82,958 | 89,834 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28,497 | 28,497 |
change in cash | 6,449,598 | 3,709,873 | 5,998,352 | 302,614 | 2,359,571 | -248,000 | -861,302 | -285,300 | 154,204 | 2,569,625 | -115,306 | 82,958 | 118,331 | -28,497 |
8x8 uk limited Credit Report and Business Information
8x8 Uk Limited Competitor Analysis
Perform a competitor analysis for 8x8 uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in HP19 area or any other competitors across 12 key performance metrics.
8x8 uk limited Ownership
8X8 UK LIMITED group structure
8X8 Uk Limited has 1 subsidiary company.
Ultimate parent company
8X8 INC
#0083519
8X8 INTERNATIONAL HOLDING CO
#0154590
2 parents
8X8 UK LIMITED
05083841
1 subsidiary
8x8 uk limited directors
8X8 Uk Limited currently has 4 directors. The longest serving directors include Mr Steven Gatoff (Oct 2019) and Mr Matthew Zinn (Oct 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Steven Gatoff | 57 years | Oct 2019 | - | Director | |
Mr Matthew Zinn | 60 years | Oct 2019 | - | Director | |
Mr James Snaddon | 48 years | Jan 2023 | - | Director | |
Ms Suzanne Seandel | United States | 60 years | Jan 2023 | - | Director |
P&L
March 2023turnover
83.2m
+5%
operating profit
-3.9m
-234%
gross margin
65.7%
-12.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
15.1m
+0.18%
total assets
40m
+0.31%
cash
20.2m
+0.47%
net assets
Total assets minus all liabilities
8x8 uk limited company details
company number
05083841
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
March 2004
age
20
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
voicenet solutions limited (October 2018)
last accounts submitted
March 2023
address
oxford house, bell business park, smeaton close, aylesbury, buckinghamshire, HP19 8JR
accountant
-
auditor
MAZARS LLP
8x8 uk 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 found 2 charges/mortgages relating to 8x8 uk limited. Currently there are 0 open charges and 2 have been satisfied in the past.
8x8 uk limited Companies House Filings - See Documents
date | description | view/download |
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