Pomanda estimates the enterprise value of 10ZIG TECHNOLOGY LIMITED at £3.3m based on a Turnover of £4.2m and 0.8x industry multiple (adjusted for size and gross margin).
10zig technology limitedEstimated Valuation
£2.5m
Pomanda estimates the enterprise value of 10ZIG TECHNOLOGY LIMITED at £2.5m based on an EBITDA of £496.8k and a 5.09x industry multiple (adjusted for size and gross margin).
10zig technology limitedEstimated Valuation
£414.3k
Pomanda estimates the enterprise value of 10ZIG TECHNOLOGY LIMITED at £414.3k based on Net Assets of £209.3k and 1.98x industry multiple (adjusted for liquidity).
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10zig Technology LimitedOverview
10zig Technology Limited is a live company located in leicester, LE5 1TY with a Companies House number of 05601056. It operates in the manufacture of computers and peripheral equipment sector, SIC Code 26200. Founded in October 2005, it's largest shareholder is
10zig technology inc
with a 100% stake. 10zig Technology Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£4.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded 10Zig Technology Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£12.5m)
£4.2m - 10zig Technology Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.3%)
12% - 10zig Technology Limited
7.3% - Industry AVG
Production
with a gross margin of 41.7%, this company has a comparable cost of product (41.7%)
41.7% - 10zig Technology Limited
41.7% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (3.6%)
11.2% - 10zig Technology Limited
3.6% - Industry AVG
Employees
with 16 employees, this is below the industry average (55)
16 - 10zig Technology Limited
55 - Industry AVG
Pay Structure
on an average salary of £70.2k, the company has an equivalent pay structure (£70.2k)
£70.2k - 10zig Technology Limited
£70.2k - Industry AVG
Efficiency
resulting in sales per employee of £261.6k, this is more efficient (£211.2k)
£261.6k - 10zig Technology Limited
£211.2k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (50 days)
83 days - 10zig Technology Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (32 days)
5 days - 10zig Technology Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 102 days, this is more than average (39 days)
102 days - 10zig Technology Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (16 weeks)
4 weeks - 10zig Technology Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.9%, this is a higher level of debt than the average (57.5%)
88.9% - 10zig Technology Limited
57.5% - Industry AVG
10ZIG TECHNOLOGY LIMITED financials
EXPORT
10Zig Technology Limited's latest turnover from December 2023 is estimated at £4.2 million and the company has net assets of £209.3 thousand. According to their latest financial statements, 10Zig Technology Limited has 16 employees and maintains cash reserves of £132.9 thousand 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
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
4,186,269
3,875,331
3,704,696
3,017,840
4,622,948
4,835,775
3,299,244
2,985,684
1,936,215
2,403,926
2,428,455
1,821,937
2,246,595
660,924
Other Income Or Grants
Cost Of Sales
2,440,428
2,227,717
2,082,056
1,672,623
2,611,654
2,771,274
1,817,921
1,656,705
1,083,942
1,363,628
1,338,899
989,771
1,241,195
357,068
Gross Profit
1,745,841
1,647,614
1,622,639
1,345,216
2,011,294
2,064,501
1,481,324
1,328,980
852,273
1,040,299
1,089,556
832,166
1,005,400
303,855
Admin Expenses
1,276,191
1,901,776
1,683,993
1,303,257
1,965,315
2,035,323
1,443,962
1,320,533
840,890
1,028,809
1,072,000
815,002
1,004,439
300,818
-218
Operating Profit
469,650
-254,162
-61,354
41,959
45,979
29,178
37,362
8,447
11,383
11,490
17,556
17,164
961
3,037
218
Interest Payable
6,750
5,700
3,750
3,660
4,050
2,025
Interest Receivable
6,485
4,947
414
215
1,419
894
878
495
593
508
619
399
158
72
43
Pre-Tax Profit
469,385
-254,915
-64,690
38,515
43,348
28,047
38,240
8,943
11,976
11,999
18,175
17,563
1,119
3,110
261
Tax
-117,346
-7,318
-8,236
-5,329
-7,266
-1,788
-2,395
-2,520
-4,180
-4,215
-291
-871
-73
Profit After Tax
352,039
-254,915
-64,690
31,197
35,112
22,718
30,974
7,154
9,581
9,479
13,995
13,348
828
2,239
188
Dividends Paid
Retained Profit
352,039
-254,915
-64,690
31,197
35,112
22,718
30,974
7,154
9,581
9,479
13,995
13,348
828
2,239
188
Employee Costs
1,123,385
1,226,067
1,172,543
1,039,219
777,867
701,214
616,260
566,356
589,395
716,192
739,773
561,571
635,614
215,056
Number Of Employees
16
18
18
17
13
12
11
11
12
15
16
12
14
5
EBITDA*
496,810
-221,992
-33,304
63,501
65,870
39,479
41,657
10,284
13,576
13,960
20,847
19,927
3,568
4,339
3,805
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
50,831
52,942
73,060
56,726
73,599
20,709
10,976
5,508
6,584
7,407
9,877
8,290
7,821
3,907
1,763
Intangible Assets
Investments & Other
17,375
17,925
19,000
19,250
5,791
11,225
14,175
20,000
40,000
Debtors (Due After 1 year)
Total Fixed Assets
50,831
52,942
73,060
56,726
73,599
20,709
28,351
23,433
25,584
26,657
15,668
19,515
21,996
23,907
41,763
Stock & work in progress
688,144
1,608,614
519,382
695,916
901,601
685,727
345,451
402,604
244,076
234,954
292,751
317,735
536,997
56,622
78,247
Trade Debtors
955,990
301,920
789,784
465,711
998,528
722,897
591,881
411,229
257,361
433,894
328,158
228,013
158,233
117,279
42,841
Group Debtors
Misc Debtors
49,456
55,420
46,239
44,347
40,436
Cash
132,898
114,153
168,524
162,653
268,214
110,285
128,026
223,121
173,125
63,988
139,312
108,460
51,292
11,867
17,084
misc current assets
total current assets
1,826,488
2,080,107
1,523,929
1,368,627
2,208,779
1,518,909
1,065,358
1,036,954
674,562
732,836
760,221
654,208
746,522
185,768
138,172
total assets
1,877,319
2,133,049
1,596,989
1,425,353
2,282,378
1,539,618
1,093,709
1,060,387
700,146
759,493
775,889
673,723
768,518
209,675
179,935
Bank overdraft
Bank loan
Trade Creditors
37,262
120,852
171,792
48,928
10,080
1,369,104
945,913
943,565
562,877
631,805
657,680
569,509
677,652
179,637
152,136
Group/Directors Accounts
725,354
1,474,785
875,017
875,083
1,896,174
other short term finances
hp & lease commitments
other current liabilities
845,446
620,194
378,047
259,722
170,498
total current liabilities
1,608,062
2,215,831
1,424,856
1,183,733
2,076,752
1,369,104
945,913
943,565
562,877
631,805
657,680
569,509
677,652
179,637
152,136
loans
60,000
60,000
60,000
60,000
60,000
60,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
60,000
60,000
87,601
87,601
87,601
87,601
87,601
27,601
27,601
provisions
4,797
total long term liabilities
60,000
60,000
60,000
64,797
60,000
60,000
60,000
60,000
87,601
87,601
87,601
87,601
87,601
27,601
27,601
total liabilities
1,668,062
2,275,831
1,484,856
1,248,530
2,136,752
1,429,104
1,005,913
1,003,565
650,478
719,406
745,281
657,110
765,253
207,238
179,737
net assets
209,257
-142,782
112,133
176,823
145,626
110,514
87,796
56,822
49,668
40,087
30,608
16,613
3,265
2,437
198
total shareholders funds
209,257
-142,782
112,133
176,823
145,626
110,514
87,796
56,822
49,668
40,087
30,608
16,613
3,265
2,437
198
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
469,650
-254,162
-61,354
41,959
45,979
29,178
37,362
8,447
11,383
11,490
17,556
17,164
961
3,037
218
Depreciation
27,160
32,170
28,050
21,542
19,891
10,301
4,295
1,837
2,193
2,470
3,291
2,763
2,607
1,302
3,587
Amortisation
Tax
-117,346
-7,318
-8,236
-5,329
-7,266
-1,788
-2,395
-2,520
-4,180
-4,215
-291
-871
-73
Stock
-920,470
1,089,232
-176,534
-205,685
215,874
340,276
-57,153
158,528
9,122
-57,797
-24,984
-219,262
480,375
-21,625
78,247
Debtors
648,106
-478,683
325,965
-528,906
316,067
131,016
180,652
153,868
-176,533
105,736
100,145
69,780
40,954
74,438
42,841
Creditors
-83,590
-50,940
122,864
38,848
-1,359,024
423,191
2,348
380,688
-68,928
-25,875
88,171
-108,143
498,015
27,501
152,136
Accruals and Deferred Income
225,252
242,147
118,325
89,224
170,498
Deferred Taxes & Provisions
-4,797
4,797
Cash flow from operations
793,490
-641,334
53,657
923,643
-1,662,833
-13,951
-86,760
76,788
109,664
-62,374
29,677
57,051
-20,037
-21,844
34,780
Investing Activities
capital expenditure
-25,049
-12,052
-44,384
-4,669
-72,781
-20,034
-9,763
-761
-1,370
-4,878
-3,232
-6,521
-3,446
-5,350
Change in Investments
-17,375
-550
-1,075
-250
13,459
-5,434
-2,950
-5,825
-20,000
40,000
cash flow from investments
-25,049
-12,052
-44,384
-4,669
-72,781
-2,659
-9,213
314
-1,120
-13,459
556
-282
-696
16,554
-45,350
Financing Activities
Bank loans
Group/Directors Accounts
-749,431
599,768
-66
-1,021,091
1,896,174
Other Short Term Loans
Long term loans
60,000
Hire Purchase and Lease Commitments
other long term liabilities
-60,000
-27,601
60,000
27,601
share issue
10
interest
-265
-753
-3,336
-3,445
-2,631
-1,131
878
495
593
508
619
399
158
72
43
cash flow from financing
-749,696
599,015
-3,402
-1,024,536
1,893,543
-1,131
878
-27,106
593
508
619
399
60,158
72
27,654
cash and cash equivalents
cash
18,745
-54,371
5,871
-105,561
157,929
-17,741
-95,095
49,996
109,137
-75,324
30,852
57,168
39,425
-5,217
17,084
overdraft
change in cash
18,745
-54,371
5,871
-105,561
157,929
-17,741
-95,095
49,996
109,137
-75,324
30,852
57,168
39,425
-5,217
17,084
10zig technology limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 10zig technology limited. Get real-time insights into 10zig technology limited's credit score, group structure and payment trends.
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10zig technology limited Ownership
10ZIG TECHNOLOGY LIMITED group structure
10Zig Technology Limited has no subsidiary companies.
Ultimate parent company
10ZIG TECHNOLOGY INC
#0052155
1 parent
10ZIG TECHNOLOGY LIMITED
05601056
10ZIG TECHNOLOGY LIMITED Shareholders
The sole shareholder of 10Zig Technology Limited is 10Zig Technology Inc.
10zig technology inc
100%
10zig technology limited directors
10Zig Technology Limited currently has 1 director, Mr Martin Pladgeman serving since Oct 2005.
62090 - Other information technology and computer service activities
26200 - Manufacture of computers and peripheral equipment
incorporation date
October 2005
age
20
incorporated
UK
ultimate parent company
10ZIG TECHNOLOGY INC
accounts
Small Company
last accounts submitted
December 2023
previous names
bosanova limited (April 2009)
accountant
HW FISHER LLP
auditor
-
address
7 highcliffe road, hamilton, leicester, LE5 1TY
Bank
-
Legal Advisor
-
10zig 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 10zig technology limited.
10zig technology limited Capital Raised & Share Issues BETA
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10zig technology limitedCompanies House Filings - See Documents
