firetext communications ltd
firetext communications ltd Company Information
Company Number
06280579
Next Accounts
Dec 2025
Shareholders
dan parker
james huff
View AllGroup Structure
View All
Industry
Other telecommunications activities
Registered Address
tremough innovation centre, penryn campus, penryn, cornwall, TR10 9TA
Website
www.firetext.co.ukfiretext communications ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRETEXT COMMUNICATIONS LTD at £6m based on a Turnover of £6.6m and 0.91x industry multiple (adjusted for size and gross margin).
firetext communications ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRETEXT COMMUNICATIONS LTD at £2.2m based on an EBITDA of £580k and a 3.84x industry multiple (adjusted for size and gross margin).
firetext communications ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRETEXT COMMUNICATIONS LTD at £5.2m based on Net Assets of £2.2m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Firetext Communications Ltd Overview
Firetext Communications Ltd is a live company located in penryn, TR10 9TA with a Companies House number of 06280579. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in June 2007, it's largest shareholder is dan parker with a 49.5% stake. Firetext Communications Ltd is a established, mid sized company, Pomanda has estimated its turnover at £6.6m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Firetext Communications Ltd Health Check
Pomanda's financial health check has awarded Firetext Communications Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £6.6m, make it smaller than the average company (£12.9m)
- Firetext Communications Ltd
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (4.6%)
- Firetext Communications Ltd
4.6% - Industry AVG
Production
with a gross margin of 39%, this company has a comparable cost of product (39%)
- Firetext Communications Ltd
39% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (4.5%)
- Firetext Communications Ltd
4.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (54)
8 - Firetext Communications Ltd
54 - Industry AVG
Pay Structure
on an average salary of £62.6k, the company has an equivalent pay structure (£62.6k)
- Firetext Communications Ltd
£62.6k - Industry AVG
Efficiency
resulting in sales per employee of £823.9k, this is more efficient (£227.7k)
- Firetext Communications Ltd
£227.7k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (40 days)
- Firetext Communications Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (43 days)
- Firetext Communications Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Firetext Communications Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 60 weeks, this is more cash available to meet short term requirements (9 weeks)
60 weeks - Firetext Communications Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.3%, this is a lower level of debt than the average (63.7%)
49.3% - Firetext Communications Ltd
63.7% - Industry AVG
FIRETEXT COMMUNICATIONS LTD financials
Firetext Communications Ltd's latest turnover from March 2024 is estimated at £6.6 million and the company has net assets of £2.2 million. According to their latest financial statements, Firetext Communications Ltd has 8 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 6,679 | ||||||||||||||
| 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 | 8 | 7 | 6 | 6 | 9 | 9 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 2,470 | ||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,470 | ||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,477,219 | 1,654,588 | 3,164,251 | 4,250,704 | 1,089,695 | 359,849 | 164,583 | 142,572 | 148,278 | 194,514 | 162,860 | 81,095 | 6,410 | 3,407 | 1,322 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 331,194 | 308,481 | 4,098 | 5,387 | 5,680 | 108,445 | 43,470 | 26,529 | |||||||
| Cash | 2,434,274 | 540,379 | 775,200 | 2,068,243 | 544,661 | 168,189 | 176,507 | 67,255 | 66,413 | 101,622 | 173,397 | 91,000 | 12,912 | 2,972 | 45 |
| misc current assets | 7,526 | ||||||||||||||
| total current assets | 4,242,687 | 2,503,448 | 3,943,549 | 6,324,334 | 1,640,036 | 636,483 | 384,560 | 243,882 | 214,691 | 296,136 | 336,257 | 172,095 | 19,322 | 6,379 | 1,367 |
| total assets | 4,245,157 | 2,503,448 | 3,943,549 | 6,324,334 | 1,640,036 | 636,483 | 384,560 | 243,882 | 214,691 | 296,136 | 336,257 | 172,095 | 19,322 | 6,379 | 1,367 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 52,191 | 48,241 | 111,113 | 3,423,341 | 181,991 | 149,895 | 125,519 | 119,983 | 181,605 | 204,883 | 277,899 | 166,126 | 23,204 | 11,364 | 5,945 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 3,349 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,040,935 | 796,284 | 2,702,821 | 2,539,621 | 1,447,879 | 482,204 | 258,381 | 79,058 | |||||||
| total current liabilities | 2,093,126 | 844,525 | 2,813,934 | 5,962,962 | 1,629,870 | 635,448 | 383,900 | 199,041 | 181,605 | 204,883 | 277,899 | 166,126 | 23,204 | 11,364 | 5,945 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 2,093,126 | 844,525 | 2,813,934 | 5,962,962 | 1,629,870 | 635,448 | 383,900 | 199,041 | 181,605 | 204,883 | 277,899 | 166,126 | 23,204 | 11,364 | 5,945 |
| net assets | 2,152,031 | 1,658,923 | 1,129,615 | 361,372 | 10,166 | 1,035 | 660 | 44,841 | 33,086 | 91,253 | 58,358 | 5,969 | -3,882 | -4,985 | -4,578 |
| total shareholders funds | 2,152,031 | 1,658,923 | 1,129,615 | 361,372 | 10,166 | 1,035 | 660 | 44,841 | 33,086 | 91,253 | 58,358 | 5,969 | -3,882 | -4,985 | -4,578 |
| Mar 2024 | 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 | |||||||||||||||
| Depreciation | 617 | ||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -154,656 | -1,205,280 | -1,087,742 | 3,160,716 | 627,081 | 260,241 | 38,952 | 20,823 | -46,236 | 31,654 | 81,765 | 74,685 | 3,003 | 2,085 | 1,322 |
| Creditors | 3,950 | -62,872 | -3,312,228 | 3,241,350 | 32,096 | 24,376 | 5,536 | -61,622 | -23,278 | -73,016 | 111,773 | 142,922 | 11,840 | 5,419 | 5,945 |
| Accruals and Deferred Income | 1,244,651 | -1,906,537 | 163,200 | 1,091,742 | 965,675 | 223,823 | 179,323 | 79,058 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| 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 | -3,349 | 3,349 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,893,895 | -234,821 | -1,293,043 | 1,523,582 | 376,472 | -8,318 | 109,252 | 842 | -35,209 | -71,775 | 82,397 | 78,088 | 9,940 | 2,927 | 45 |
| overdraft | |||||||||||||||
| change in cash | 1,893,895 | -234,821 | -1,293,043 | 1,523,582 | 376,472 | -8,318 | 109,252 | 842 | -35,209 | -71,775 | 82,397 | 78,088 | 9,940 | 2,927 | 45 |
firetext communications ltd Credit Report and Business Information
Firetext Communications Ltd Competitor Analysis
Perform a competitor analysis for firetext communications ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in TR10 area or any other competitors across 12 key performance metrics.
firetext communications ltd Ownership
FIRETEXT COMMUNICATIONS LTD group structure
Firetext Communications Ltd has no subsidiary companies.
Ultimate parent company
FIRETEXT COMMUNICATIONS LTD
06280579
firetext communications ltd directors
Firetext Communications Ltd currently has 2 directors. The longest serving directors include Mr James Huff (Nov 2015) and Mr Daniel Parker (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Huff | England | 40 years | Nov 2015 | - | Director |
| Mr Daniel Parker | England | 40 years | Nov 2015 | - | Director |
P&L
March 2024turnover
6.6m
-7%
operating profit
579.4k
0%
gross margin
39%
+2.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.2m
+0.3%
total assets
4.2m
+0.7%
cash
2.4m
+3.5%
net assets
Total assets minus all liabilities
firetext communications ltd company details
company number
06280579
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
June 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
PKF FRANCIS CLARK
auditor
-
address
tremough innovation centre, penryn campus, penryn, cornwall, TR10 9TA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
firetext communications ltd 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 firetext communications ltd.
firetext communications ltd 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 FIRETEXT COMMUNICATIONS LTD. This can take several minutes, an email will notify you when this has completed.
firetext communications ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
