firefly online limited
firefly online limited Company Information
Company Number
06481401
Website
www.firefly-online.netRegistered Address
18 westminster drive, radcliffe-on-trent, nottingham, NG12 2NL
Industry
Other information technology and computer service activities
Telephone
08448870759
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
leo lion ltd 100%
richard michael ratcliffe 0%
View Allfirefly online limited Estimated Valuation
Pomanda estimates the enterprise value of FIREFLY ONLINE LIMITED at £663.9k based on a Turnover of £635.6k and 1.04x industry multiple (adjusted for size and gross margin).
firefly online limited Estimated Valuation
Pomanda estimates the enterprise value of FIREFLY ONLINE LIMITED at £1m based on an EBITDA of £137k and a 7.37x industry multiple (adjusted for size and gross margin).
firefly online limited Estimated Valuation
Pomanda estimates the enterprise value of FIREFLY ONLINE LIMITED at £44.1k based on Net Assets of £114.1k and 0.39x industry multiple (adjusted for liquidity).
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Firefly Online Limited Overview
Firefly Online Limited is a live company located in nottingham, NG12 2NL with a Companies House number of 06481401. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2008, it's largest shareholder is leo lion ltd with a 100% stake. Firefly Online Limited is a established, small sized company, Pomanda has estimated its turnover at £635.6k with rapid growth in recent years.
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Firefly Online Limited Health Check
Pomanda's financial health check has awarded Firefly Online Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £635.6k, make it smaller than the average company (£6.6m)
£635.6k - Firefly Online Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (5.4%)
33% - Firefly Online Limited
5.4% - Industry AVG
Production
with a gross margin of 96.8%, this company has a lower cost of product (51.8%)
96.8% - Firefly Online Limited
51.8% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (3.7%)
8.2% - Firefly Online Limited
3.7% - Industry AVG
Employees
with 11 employees, this is below the industry average (43)
11 - Firefly Online Limited
43 - Industry AVG
Pay Structure
on an average salary of £68k, the company has an equivalent pay structure (£68k)
- Firefly Online Limited
£68k - Industry AVG
Efficiency
resulting in sales per employee of £57.8k, this is less efficient (£162k)
£57.8k - Firefly Online Limited
£162k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (56 days)
35 days - Firefly Online Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 121 days, this is slower than average (36 days)
121 days - Firefly Online Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Firefly Online Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (15 weeks)
8 weeks - Firefly Online Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.4%, this is a higher level of debt than the average (63.9%)
75.4% - Firefly Online Limited
63.9% - Industry AVG
FIREFLY ONLINE LIMITED financials
Firefly Online Limited's latest turnover from December 2022 is £635.6 thousand and the company has net assets of £114.1 thousand. According to their latest financial statements, Firefly Online Limited has 11 employees and maintains cash reserves of £52 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 635,566 | 485,659 | 496,435 | 270,463 | 304,183 | 238,237 | 313,838 | 277,891 | 202,499 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 20,067 | 21,417 | 19,143 | 17,242 | 17,709 | 13,017 | 39,156 | 24,004 | 13,884 | |||||
| Gross Profit | 615,499 | 464,242 | 477,292 | 253,221 | 286,474 | 225,220 | 274,682 | 253,887 | 188,615 | |||||
| Admin Expenses | 563,339 | 558,733 | 423,481 | 386,870 | 277,174 | 392,324 | 607,046 | 394,866 | 307,371 | |||||
| Operating Profit | 52,160 | -94,491 | 53,811 | -133,649 | 9,300 | -167,104 | -332,364 | -140,979 | -118,756 | |||||
| Interest Payable | 1,081 | 1,247 | 313 | 0 | 0 | 0 | 56 | 46 | 8,367 | |||||
| Interest Receivable | 4 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 51,083 | -95,738 | 53,498 | -133,649 | 9,300 | -167,102 | -332,420 | -141,025 | -127,253 | |||||
| Tax | 27,974 | 11,806 | 36,336 | 27,463 | 36,702 | 62,505 | 17,144 | 53,518 | 0 | |||||
| Profit After Tax | 79,057 | -83,932 | 89,834 | -106,186 | 46,002 | -104,597 | -315,276 | -87,507 | -127,253 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 79,057 | -83,932 | 89,834 | -106,186 | 46,002 | -104,597 | -315,276 | -87,507 | -127,253 | |||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 11 | 10 | 9 | 8 | 8 | 8 | 13 | 6 | ||||||
| EBITDA* | 137,008 | -16,917 | 120,167 | -74,488 | 54,412 | -99,688 | -271,485 | -93,314 | -70,734 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,417 | 3,449 | 3,451 | 5,028 | 2,832 | 1,608 | 2,625 | 1,722 | 927 | 2,445 | 2,815 | 1,166 | 968 | 1,391 |
| Intangible Assets | 211,263 | 223,100 | 228,971 | 229,656 | 223,208 | 187,507 | 202,755 | 142,483 | 138,548 | 184,731 | 80,060 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 214,680 | 226,549 | 232,422 | 234,684 | 226,040 | 189,115 | 205,380 | 144,205 | 139,475 | 187,176 | 82,875 | 1,166 | 968 | 1,391 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 62,354 | 19,792 | 32,442 | 23,531 | 54,394 | 27,948 | 50,670 | 67,830 | 28,490 | 15,671 | 38,109 | 28,473 | 11,858 | 14,106 |
| Group Debtors | 99,566 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 34,953 | 16,715 | 104,350 | 4,179 | 3,968 | 2,059 | 33,408 | 89,646 | 747 | 0 | 0 | 0 | 0 | 0 |
| Cash | 52,021 | 27,868 | 109,813 | 2,977 | 14,078 | 2,558 | 35,941 | 29,698 | 2,704 | 4,887 | 5,805 | 1,891 | 0 | 7,002 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 248,894 | 184,375 | 246,605 | 30,687 | 72,440 | 32,565 | 120,019 | 187,174 | 31,941 | 20,558 | 43,914 | 30,364 | 11,858 | 21,108 |
| total assets | 463,574 | 410,924 | 479,027 | 265,371 | 298,480 | 221,680 | 325,399 | 331,379 | 171,416 | 207,734 | 126,789 | 31,530 | 12,826 | 22,499 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 9,809 | 9,567 | 2,353 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,678 | 22,240 | 5,577 | 2,853 | 1,854 | 794 | 2,315 | 789 | 851 | 68,652 | 34,311 | 14,815 | 7,349 | 21,200 |
| Group/Directors Accounts | 0 | 0 | 91,012 | 66,385 | 34,835 | 10,000 | 1,224 | 206,368 | 1,391 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 304,761 | 306,039 | 213,508 | 167,037 | 126,509 | 121,606 | 127,983 | 115,069 | 70,882 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 321,248 | 337,846 | 312,450 | 236,275 | 163,198 | 132,400 | 131,522 | 322,226 | 73,124 | 68,652 | 34,311 | 14,815 | 7,349 | 21,200 |
| loans | 28,271 | 38,080 | 47,647 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,632 | 290,169 | 96,169 | 20,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 28,271 | 38,080 | 47,647 | 0 | 0 | 0 | 0 | 0 | 1,632 | 290,169 | 96,169 | 20,000 | 0 | 0 |
| total liabilities | 349,519 | 375,926 | 360,097 | 236,275 | 163,198 | 132,400 | 131,522 | 322,226 | 74,756 | 358,821 | 130,480 | 34,815 | 7,349 | 21,200 |
| net assets | 114,055 | 34,998 | 118,930 | 29,096 | 135,282 | 89,280 | 193,877 | 9,153 | 96,660 | -151,087 | -3,691 | -3,285 | 5,477 | 1,299 |
| total shareholders funds | 114,055 | 34,998 | 118,930 | 29,096 | 135,282 | 89,280 | 193,877 | 9,153 | 96,660 | -151,087 | -3,691 | -3,285 | 5,477 | 1,299 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 52,160 | -94,491 | 53,811 | -133,649 | 9,300 | -167,104 | -332,364 | -140,979 | -118,756 | |||||
| Depreciation | 2,370 | 2,579 | 2,211 | 1,732 | 1,117 | 1,752 | 1,708 | 1,482 | 1,839 | 2,036 | 1,485 | 886 | 1,715 | 1,254 |
| Amortisation | 82,478 | 74,995 | 64,145 | 57,429 | 43,995 | 65,664 | 59,171 | 46,183 | 46,183 | 46,183 | 0 | 0 | 0 | |
| Tax | 27,974 | 11,806 | 36,336 | 27,463 | 36,702 | 62,505 | 17,144 | 53,518 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 40,366 | 19,715 | 109,082 | -30,652 | 28,355 | -54,071 | -73,398 | 128,239 | 13,566 | -22,438 | 26,251 | 16,615 | -2,248 | 14,106 |
| Creditors | -15,562 | 16,663 | 2,724 | 999 | 1,060 | -1,521 | 1,526 | -62 | -67,801 | 34,341 | 26,962 | 7,466 | -13,851 | 21,200 |
| Accruals and Deferred Income | -1,278 | 92,531 | 46,471 | 40,528 | 4,903 | -6,377 | 12,914 | 44,187 | 70,882 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 107,776 | 84,368 | 96,616 | 25,154 | 68,722 | 8,990 | -166,503 | -123,910 | -81,219 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 242 | 7,214 | 2,353 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -91,012 | 24,627 | 31,550 | 24,835 | 8,776 | -205,144 | 204,977 | 1,391 | 0 | 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 | -9,809 | -9,567 | 47,647 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,632 | -288,537 | 194,000 | 96,169 | 20,000 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,077 | -1,247 | -313 | 0 | 0 | 2 | -56 | -46 | -8,367 | |||||
| cash flow from financing | -10,644 | -94,612 | 74,314 | 31,550 | 24,835 | 8,778 | 294,800 | 203,299 | 79,487 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | 24,153 | -81,945 | 106,836 | -11,101 | 11,520 | -33,383 | 6,243 | 26,994 | -2,183 | -918 | 5,805 | 1,891 | -7,002 | 7,002 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 24,153 | -81,945 | 106,836 | -11,101 | 11,520 | -33,383 | 6,243 | 26,994 | -2,183 | -918 | 5,805 | 1,891 | -7,002 | 7,002 |
firefly online limited Credit Report and Business Information
Firefly Online Limited Competitor Analysis
Perform a competitor analysis for firefly online limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NG12 area or any other competitors across 12 key performance metrics.
firefly online limited Ownership
FIREFLY ONLINE LIMITED group structure
Firefly Online Limited has no subsidiary companies.
firefly online limited directors
Firefly Online Limited currently has 2 directors. The longest serving directors include Mr Richard Ratcliffe (Jan 2008) and Mr Robert Brown (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Ratcliffe | England | 54 years | Jan 2008 | - | Director |
| Mr Robert Brown | England | 60 years | May 2023 | - | Director |
P&L
December 2022turnover
635.6k
+31%
operating profit
52.2k
-155%
gross margin
96.9%
+1.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
114.1k
+2.26%
total assets
463.6k
+0.13%
cash
52k
+0.87%
net assets
Total assets minus all liabilities
Similar Companies
firefly online limited company details
company number
06481401
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
January 2008
age
16
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
go 2 frame limited (February 2010)
last accounts submitted
December 2022
address
18 westminster drive, radcliffe-on-trent, nottingham, NG12 2NL
accountant
-
auditor
-
firefly online 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 firefly online limited.
firefly online limited Companies House Filings - See Documents
| date | description | view/download |
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