method4 limited
method4 limited Company Information
Company Number
05444987
Next Accounts
May 2025
Shareholders
aspire systems international pte ltd
Group Structure
View All
Industry
Business and domestic software development
+2Registered Address
12-14 trade street, cardiff, CF10 5DT
Website
www.method4.co.ukmethod4 limited Estimated Valuation
Pomanda estimates the enterprise value of METHOD4 LIMITED at £3.2m based on a Turnover of £3.9m and 0.82x industry multiple (adjusted for size and gross margin).
method4 limited Estimated Valuation
Pomanda estimates the enterprise value of METHOD4 LIMITED at £751.9k based on an EBITDA of £136.7k and a 5.5x industry multiple (adjusted for size and gross margin).
method4 limited Estimated Valuation
Pomanda estimates the enterprise value of METHOD4 LIMITED at £3.4m based on Net Assets of £1.5m and 2.32x industry multiple (adjusted for liquidity).
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Method4 Limited Overview
Method4 Limited is a live company located in cardiff, CF10 5DT with a Companies House number of 05444987. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2005, it's largest shareholder is aspire systems international pte ltd with a 100% stake. Method4 Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.9m with high growth in recent years.
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Method4 Limited Health Check
Pomanda's financial health check has awarded Method4 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £3.9m, make it in line with the average company (£3.8m)
- Method4 Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (7.3%)
- Method4 Limited
7.3% - Industry AVG
Production
with a gross margin of 57%, this company has a comparable cost of product (57%)
- Method4 Limited
57% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (4.6%)
- Method4 Limited
4.6% - Industry AVG
Employees
with 49 employees, this is above the industry average (27)
49 - Method4 Limited
27 - Industry AVG
Pay Structure
on an average salary of £65k, the company has an equivalent pay structure (£65k)
- Method4 Limited
£65k - Industry AVG
Efficiency
resulting in sales per employee of £79.9k, this is less efficient (£137.8k)
- Method4 Limited
£137.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (59 days)
- Method4 Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (36 days)
- Method4 Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 176 days, this is more than average (15 days)
- Method4 Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 78 weeks, this is more cash available to meet short term requirements (17 weeks)
78 weeks - Method4 Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.6%, this is a lower level of debt than the average (60.6%)
21.6% - Method4 Limited
60.6% - Industry AVG
METHOD4 LIMITED financials
Method4 Limited's latest turnover from August 2023 is estimated at £3.9 million and the company has net assets of £1.5 million. According to their latest financial statements, Method4 Limited has 49 employees and maintains cash reserves of £610 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 | 49 | 45 | 44 | 42 | 40 | 34 | 26 | ||||||||
| 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 | 11,930 | 26,461 | 55,333 | 60,291 | 65,141 | 71,271 | 26,459 | 20,907 | 26,134 | 22,633 | 9,301 | 9,274 | 8,467 | 7,084 | 4,605 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 11,930 | 26,461 | 55,333 | 60,291 | 65,141 | 71,271 | 26,459 | 20,907 | 26,134 | 22,633 | 9,301 | 9,274 | 8,467 | 7,084 | 4,605 |
| Stock & work in progress | 815,469 | 851,531 | 413,372 | 2,075 | 875 | 18,000 | 93,249 | 65,687 | 78,047 | 19,516 | |||||
| Trade Debtors | 375,127 | 208,888 | 113,065 | 104,730 | 542,444 | 559,875 | 113,206 | 77,525 | 206,537 | 102,039 | 97,743 | 138,010 | 70,963 | 25,372 | 60,359 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 52,441 | 127,395 | 384,676 | 20,883 | 875 | ||||||||||
| Cash | 610,010 | 487,054 | 532,880 | 896,493 | 492,730 | 591,336 | 598,281 | 669,344 | 623,967 | 403,221 | 275,796 | 290,413 | 281,846 | 287,646 | 279,890 |
| misc current assets | |||||||||||||||
| total current assets | 1,853,047 | 1,674,868 | 1,443,993 | 1,022,106 | 1,037,249 | 1,152,086 | 712,362 | 746,869 | 848,504 | 598,509 | 439,226 | 506,470 | 352,809 | 313,018 | 359,765 |
| total assets | 1,864,977 | 1,701,329 | 1,499,326 | 1,082,397 | 1,102,390 | 1,223,357 | 738,821 | 767,776 | 874,638 | 621,142 | 448,527 | 515,744 | 361,276 | 320,102 | 364,370 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 26,024 | 17,024 | 15,029 | 256 | 24,780 | 425,101 | 29,258 | 21,737 | 75,638 | 220,697 | 144,904 | 204,587 | 158,462 | 137,694 | 130,009 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 376,360 | 332,361 | 294,462 | 357,893 | 300,510 | 240,432 | 348,276 | 273,317 | |||||||
| total current liabilities | 402,384 | 349,385 | 309,491 | 358,149 | 325,290 | 425,101 | 269,690 | 370,013 | 348,955 | 220,697 | 144,904 | 204,587 | 158,462 | 137,694 | 130,009 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 15,000 | 15,000 | |||||||||||||
| provisions | 406 | 7,664 | 9,437 | 12,313 | 13,463 | 4,932 | 4,061 | 5,119 | 4,348 | ||||||
| total long term liabilities | 406 | 7,664 | 9,437 | 12,313 | 13,463 | 4,932 | 4,061 | 5,119 | 4,348 | 15,000 | 15,000 | ||||
| total liabilities | 402,790 | 349,385 | 317,155 | 367,586 | 337,603 | 438,564 | 274,622 | 374,074 | 354,074 | 225,045 | 144,904 | 204,587 | 158,462 | 152,694 | 145,009 |
| net assets | 1,462,187 | 1,351,944 | 1,182,171 | 714,811 | 764,787 | 784,793 | 464,199 | 393,702 | 520,564 | 396,097 | 303,623 | 311,157 | 202,814 | 167,408 | 219,361 |
| total shareholders funds | 1,462,187 | 1,351,944 | 1,182,171 | 714,811 | 764,787 | 784,793 | 464,199 | 393,702 | 520,564 | 396,097 | 303,623 | 311,157 | 202,814 | 167,408 | 219,361 |
| 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 | 18,499 | 30,676 | 31,280 | 26,573 | 21,713 | 23,757 | 5,227 | 5,227 | 7,244 | 7,544 | 3,101 | 3,091 | 2,023 | 1,360 | 1,534 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -36,062 | 438,159 | 413,372 | -2,075 | 1,200 | 875 | -18,000 | -75,249 | 27,562 | -12,360 | 78,047 | -19,516 | 19,516 | ||
| Debtors | 91,285 | -161,458 | 372,128 | -416,831 | -17,431 | 445,794 | 36,556 | -129,012 | 104,498 | 4,296 | -40,267 | 67,047 | 45,591 | -34,987 | 60,359 |
| Creditors | 9,000 | 1,995 | 14,773 | -24,524 | -400,321 | 395,843 | 7,521 | -53,901 | -145,059 | 75,793 | -59,683 | 46,125 | 20,768 | 7,685 | 130,009 |
| Accruals and Deferred Income | 43,999 | 37,899 | -63,431 | 57,383 | 300,510 | -240,432 | -107,844 | 74,959 | 273,317 | ||||||
| Deferred Taxes & Provisions | 406 | -7,664 | -1,773 | -2,876 | -1,150 | 8,531 | 871 | -1,058 | 771 | 4,348 | |||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -15,000 | 15,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 122,956 | -45,826 | -363,613 | 403,763 | -98,606 | -6,945 | -71,063 | 45,377 | 220,746 | 127,425 | -14,617 | 8,567 | -5,800 | 7,756 | 279,890 |
| overdraft | |||||||||||||||
| change in cash | 122,956 | -45,826 | -363,613 | 403,763 | -98,606 | -6,945 | -71,063 | 45,377 | 220,746 | 127,425 | -14,617 | 8,567 | -5,800 | 7,756 | 279,890 |
method4 limited Credit Report and Business Information
Method4 Limited Competitor Analysis
Perform a competitor analysis for method4 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CF10 area or any other competitors across 12 key performance metrics.
method4 limited Ownership
METHOD4 LIMITED group structure
Method4 Limited has no subsidiary companies.
Ultimate parent company
ASPIRE SYSTEMS INTERNATIONAL PTE LTD
#0139011
1 parent
METHOD4 LIMITED
05444987
method4 limited directors
Method4 Limited currently has 4 directors. The longest serving directors include Mr Christian Coates (May 2005) and Mr Raymond Hughes (Jul 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christian Coates | Wales | 50 years | May 2005 | - | Director |
| Mr Raymond Hughes | Wales | 52 years | Jul 2005 | - | Director |
| Mr Gowrishankar Subramanian | Wales | 55 years | Jun 2024 | - | Director |
| Mr Bhoovarahan Nambakkam | Wales | 53 years | Jun 2024 | - | Director |
P&L
August 2023turnover
3.9m
+29%
operating profit
118.2k
0%
gross margin
57.1%
-0.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.5m
+0.08%
total assets
1.9m
+0.1%
cash
610k
+0.25%
net assets
Total assets minus all liabilities
method4 limited company details
company number
05444987
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
62012 - Business and domestic software development
62020 - Computer consultancy activities
incorporation date
May 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
hickman consultancy limited (November 2005)
accountant
-
auditor
-
address
12-14 trade street, cardiff, CF10 5DT
Bank
-
Legal Advisor
-
method4 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 method4 limited. Currently there are 1 open charges and 1 have been satisfied in the past.
method4 limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for METHOD4 LIMITED. This can take several minutes, an email will notify you when this has completed.
method4 limited Companies House Filings - See Documents
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