future technics limited
future technics limited Company Information
Company Number
06395641
Next Accounts
Jul 2025
Directors
Shareholders
vinit chandulal lakhani
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
144-146 kings cross road, london, WC1X 9DU
Website
midcrest.netfuture technics limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE TECHNICS LIMITED at £16.2k based on a Turnover of £30.7k and 0.53x industry multiple (adjusted for size and gross margin).
future technics limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE TECHNICS LIMITED at £0 based on an EBITDA of £-1.6k and a 3.59x industry multiple (adjusted for size and gross margin).
future technics limited Estimated Valuation
Pomanda estimates the enterprise value of FUTURE TECHNICS LIMITED at £3.7k based on Net Assets of £1.7k and 2.25x industry multiple (adjusted for liquidity).
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Future Technics Limited Overview
Future Technics Limited is a live company located in london, WC1X 9DU with a Companies House number of 06395641. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2007, it's largest shareholder is vinit chandulal lakhani with a 100% stake. Future Technics Limited is a established, micro sized company, Pomanda has estimated its turnover at £30.7k with declining growth in recent years.
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Future Technics Limited Health Check
Pomanda's financial health check has awarded Future Technics Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £30.7k, make it smaller than the average company (£6.6m)
- Future Technics Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (6.8%)
- Future Technics Limited
6.8% - Industry AVG
Production
with a gross margin of 25.2%, this company has a higher cost of product (49.8%)
- Future Technics Limited
49.8% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (3.4%)
- Future Technics Limited
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
- Future Technics Limited
41 - Industry AVG
Pay Structure
on an average salary of £71.6k, the company has an equivalent pay structure (£71.6k)
- Future Technics Limited
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £30.7k, this is less efficient (£174.2k)
- Future Technics Limited
£174.2k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (53 days)
- Future Technics Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (35 days)
- Future Technics Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Future Technics Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Future Technics Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.7%, this is a higher level of debt than the average (62.8%)
83.7% - Future Technics Limited
62.8% - Industry AVG
FUTURE TECHNICS LIMITED financials
Future Technics Limited's latest turnover from October 2023 is estimated at £30.7 thousand and the company has net assets of £1.7 thousand. According to their latest financial statements, we estimate that Future Technics Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 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 | 1 | 1 | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,094 | 1,458 | 1,944 | 2,591 | 3,454 | 2,222 | 2,963 | 458 | 122 | 162 | 216 | 288 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,094 | 1,458 | 1,944 | 2,591 | 3,454 | 2,222 | 2,963 | 458 | 122 | 162 | 216 | 288 | |||
| Stock & work in progress | 2,091 | 2,091 | 2,002 | ||||||||||||
| Trade Debtors | 9,039 | 11,221 | 11,811 | 19,342 | 15,942 | 17,734 | 30,518 | 963 | 642 | 966 | 790 | 3,471 | |||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 19,358 | 13,346 | 6,469 | 4 | 429 | 45 | 3,015 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 9,039 | 11,221 | 11,811 | 19,342 | 15,942 | 17,734 | 30,518 | 20,321 | 13,346 | 7,111 | 3,061 | 3,310 | 5,518 | 3,015 | |
| total assets | 10,133 | 12,679 | 13,755 | 21,933 | 19,396 | 19,956 | 33,481 | 20,779 | 13,468 | 7,273 | 3,277 | 3,598 | 5,518 | 3,015 | |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 7,177 | 8,756 | 6,760 | 13,275 | 12,957 | 8,701 | 17,378 | 11,086 | 12,778 | 6,997 | 4,748 | 4,677 | 5,584 | 3,366 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 7,177 | 8,756 | 6,760 | 13,275 | 12,957 | 8,701 | 17,378 | 11,086 | 12,778 | 6,997 | 4,748 | 4,677 | 5,584 | 3,366 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,300 | 650 | |||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,300 | 650 | |||||||||||||
| total liabilities | 8,477 | 9,406 | 6,760 | 13,275 | 12,957 | 8,701 | 17,378 | 11,086 | 12,778 | 6,997 | 4,748 | 4,677 | 5,584 | 3,366 | |
| net assets | 1,656 | 3,273 | 6,995 | 8,658 | 6,439 | 11,255 | 16,103 | 9,693 | 690 | 276 | -1,471 | -1,079 | -66 | -351 | |
| total shareholders funds | 1,656 | 3,273 | 6,995 | 8,658 | 6,439 | 11,255 | 16,103 | 9,693 | 690 | 276 | -1,471 | -1,079 | -66 | -351 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 152 | 40 | 54 | 72 | 96 | ||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -2,091 | 89 | 2,002 | ||||||||||||
| Debtors | -2,182 | -590 | -7,531 | 3,400 | -1,792 | -12,784 | 29,555 | 963 | -642 | -324 | 176 | -2,681 | 3,471 | ||
| Creditors | -1,579 | 1,996 | -6,515 | 318 | 4,256 | -8,677 | 6,292 | -1,692 | 5,781 | 2,249 | 71 | -907 | 2,218 | 3,366 | |
| Accruals and Deferred Income | 650 | 650 | |||||||||||||
| 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 | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -19,358 | 6,012 | 6,877 | 6,465 | -425 | 384 | -2,970 | 3,015 | |||||||
| overdraft | |||||||||||||||
| change in cash | -19,358 | 6,012 | 6,877 | 6,465 | -425 | 384 | -2,970 | 3,015 |
future technics limited Credit Report and Business Information
Future Technics Limited Competitor Analysis
Perform a competitor analysis for future technics limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC1X area or any other competitors across 12 key performance metrics.
future technics limited Ownership
FUTURE TECHNICS LIMITED group structure
Future Technics Limited has no subsidiary companies.
Ultimate parent company
FUTURE TECHNICS LIMITED
06395641
future technics limited directors
Future Technics Limited currently has 1 director, Mr Vinit Lakhani serving since Nov 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vinit Lakhani | England | 49 years | Nov 2007 | - | Director |
P&L
October 2023turnover
30.7k
-19%
operating profit
-1.6k
0%
gross margin
25.2%
-3.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
1.7k
-0.49%
total assets
10.1k
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
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future technics limited company details
company number
06395641
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
144-146 kings cross road, london, WC1X 9DU
Bank
-
Legal Advisor
-
future technics 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 future technics limited.
future technics 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.
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future technics limited Companies House Filings - See Documents
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