
Company Number
06671487
Next Accounts
Sep 2025
Shareholders
microsoft international holdings bv
Group Structure
View All
Industry
Other software publishing
+2Registered Address
1 blossom yard, fourth floor, london, E1 6RS
Pomanda estimates the enterprise value of TOUCHTYPE LIMITED at £50.6k based on a Turnover of £43k and 1.18x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TOUCHTYPE LIMITED at £0 based on an EBITDA of £-7k and a 5.89x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TOUCHTYPE LIMITED at £79.7m based on Net Assets of £35.3m and 2.25x industry multiple (adjusted for liquidity).
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Touchtype Limited is a live company located in london, E1 6RS with a Companies House number of 06671487. It operates in the other software publishing sector, SIC Code 58290. Founded in August 2008, it's largest shareholder is microsoft international holdings bv with a 100% stake. Touchtype Limited is a established, micro sized company, Pomanda has estimated its turnover at £43k with declining growth in recent years.
Pomanda's financial health check has awarded Touchtype Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £43k, make it smaller than the average company (£5.5m)
£43k - Touchtype Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (8%)
-19% - Touchtype Limited
8% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (69.9%)
100% - Touchtype Limited
69.9% - Industry AVG
Profitability
an operating margin of -16.2% make it less profitable than the average company (3.7%)
-16.2% - Touchtype Limited
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (39)
- Touchtype Limited
39 - Industry AVG
Pay Structure
on an average salary of £78.1k, the company has an equivalent pay structure (£78.1k)
- Touchtype Limited
£78.1k - Industry AVG
Efficiency
resulting in sales per employee of £43k, this is less efficient (£152.2k)
- Touchtype Limited
£152.2k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (56 days)
32 days - Touchtype Limited
56 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Touchtype Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Touchtype Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Touchtype Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.1%, this is a lower level of debt than the average (59.8%)
1.1% - Touchtype Limited
59.8% - Industry AVG
Touchtype Limited's latest turnover from December 2023 is £43 thousand and the company has net assets of £35.3 million. According to their latest financial statements, we estimate that Touchtype Limited has 1 employee and maintains cash reserves of 0 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 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 43,003 | 49,837 | 47,053 | 82,410 | 98,626 | 943,272 | 6,339,654 | 4,342,958 | 7,880,107 | 8,412,306 | 9,884,227 | 654,623 | 152,181 | ||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 325 | 769,432 | 2,325,037 | 1,734,654 | 1,505,188 | 1,525,634 | 1,954,140 | ||||||||
Gross Profit | 43,003 | 49,837 | 47,053 | 82,410 | 98,301 | 173,840 | 4,014,617 | 2,608,304 | 6,374,919 | 6,886,672 | 7,930,087 | ||||
Admin Expenses | 49,954 | 32,340 | 39,812 | 54,585 | 86,142 | 80,611 | 408,034 | 10,253,220 | 14,577,458 | 12,883,112 | 7,976,482 | ||||
Operating Profit | -6,951 | 17,497 | 7,241 | 27,825 | 12,159 | 93,229 | 3,606,583 | -7,644,916 | -8,202,539 | -5,996,440 | -46,395 | -1,286,394 | -362,664 | ||
Interest Payable | 372 | 2,139 | 2,520 | 61,493 | 62,598 | 4,224 | |||||||||
Interest Receivable | 1,573,533 | 168,553 | 27,994 | 182,697 | 566,044 | 426,295 | 223,585 | 663,022 | 302,590 | 37,252 | 14,917 | ||||
Pre-Tax Profit | 1,566,582 | 186,050 | 35,235 | 14,806,381 | 576,064 | 517,004 | 3,830,168 | 99,569,798 | -8,234,847 | -5,963,412 | -31,478 | -1,285,798 | -362,138 | ||
Tax | -353,820 | -32,416 | -75 | -35,582 | -84,829 | -46,426 | -740,240 | -16,348,832 | 682,999 | 646,811 | 134,491 | 175,672 | |||
Profit After Tax | 1,212,762 | 153,634 | 35,160 | 14,770,799 | 491,235 | 470,578 | 3,089,928 | 83,220,966 | -7,551,848 | -5,316,601 | 103,013 | -1,110,126 | -362,138 | ||
Dividends Paid | 63,613,096 | ||||||||||||||
Retained Profit | 1,212,762 | 153,634 | 35,160 | -48,842,297 | 491,235 | 470,578 | 3,089,928 | 83,220,966 | -7,551,848 | -5,316,601 | 103,013 | -1,110,126 | -362,138 | ||
Employee Costs | 1,364 | 2,696,069 | 10,298,330 | 9,709,331 | 5,930,833 | ||||||||||
Number Of Employees | 32 | 146 | 140 | ||||||||||||
EBITDA* | -6,951 | 17,497 | 7,241 | 27,825 | 12,159 | 104,873 | 3,617,434 | -7,595,859 | -8,019,895 | -5,821,953 | 52,422 | -1,275,820 | -356,289 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,722 | 140,598 | 206,546 | 213,573 | 95,056 | 21,758 | 12,765 | 541 | |||||||
Intangible Assets | 11,644 | 19,747 | 28,524 | 36,626 | 19,451 | 22,739 | 26,026 | 29,314 | |||||||
Investments & Other | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 64 | 63 | |||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 63 | 63 | 63 | 63 | 63 | 63 | 11,707 | 23,532 | 169,122 | 243,172 | 233,024 | 117,859 | 47,847 | 42,079 | 541 |
Stock & work in progress | |||||||||||||||
Trade Debtors | 3,876 | 34,300 | 131,670 | 115,290 | 1,330,692 | 979,732 | 96,930 | 5,410 | |||||||
Group Debtors | 35,723,277 | 34,181,062 | 33,988,061 | 97,577,568 | 82,890,400 | 80,636,045 | 80,932,268 | 86,445,567 | |||||||
Misc Debtors | 6,331 | 10,412 | 30,615 | 12,262 | 1,662,443 | 1,704,351 | 232,778 | 1,813,874 | 2,277,726 | 1,292,201 | 195,625 | 16,177 | |||
Cash | 656 | 744,914 | 8,432,737 | 5,473,655 | 9,814,139 | 522,372 | 897,168 | 609,253 | 18,723 | ||||||
misc current assets | |||||||||||||||
total current assets | 35,727,153 | 34,187,393 | 33,998,473 | 97,608,183 | 82,902,662 | 82,298,488 | 82,637,275 | 87,457,559 | 10,378,281 | 7,866,671 | 12,437,032 | 1,502,104 | 1,189,723 | 625,430 | 24,133 |
total assets | 35,727,216 | 34,187,456 | 33,998,536 | 97,608,246 | 82,902,725 | 82,298,551 | 82,648,982 | 87,481,091 | 10,547,403 | 8,109,843 | 12,670,056 | 1,619,963 | 1,237,570 | 667,509 | 24,674 |
Bank overdraft | 4,857 | ||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 140,377 | 233,587 | 231,800 | 127,223 | 2,255,756 | 232,360 | 120,951 | 24,200 | |||||||
Group/Directors Accounts | 63,613,096 | ||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 378,171 | 51,173 | 15,887 | 47,661 | 112,939 | 253,951 | 8,035,611 | 5,086,271 | 4,398,935 | 4,028,667 | |||||
total current liabilities | 378,171 | 51,173 | 15,887 | 63,660,757 | 112,939 | 253,951 | 8,175,988 | 5,319,858 | 4,630,735 | 4,160,747 | 2,255,756 | 232,360 | 120,951 | 24,200 | |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 378,171 | 51,173 | 15,887 | 63,660,757 | 112,939 | 253,951 | 8,175,988 | 5,319,858 | 4,630,735 | 4,160,747 | 2,255,756 | 232,360 | 120,951 | 24,200 | |
net assets | 35,349,045 | 34,136,283 | 33,982,649 | 33,947,489 | 82,789,786 | 82,298,551 | 82,395,031 | 79,305,103 | 5,227,545 | 3,479,108 | 8,509,309 | -635,793 | 1,005,210 | 546,558 | 474 |
total shareholders funds | 35,349,045 | 34,136,283 | 33,982,649 | 33,947,489 | 82,789,786 | 82,298,551 | 82,395,031 | 79,305,103 | 5,227,545 | 3,479,108 | 8,509,309 | -635,793 | 1,005,210 | 546,558 | 474 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -6,951 | 17,497 | 7,241 | 27,825 | 12,159 | 93,229 | 3,606,583 | -7,644,916 | -8,202,539 | -5,996,440 | -46,395 | -1,286,394 | -362,664 | ||
Depreciation | 2,748 | 40,280 | 174,542 | 167,589 | 95,529 | 32,182 | 7,286 | 2,814 | 270 | ||||||
Amortisation | 11,644 | 8,103 | 8,777 | 8,102 | 6,898 | 3,288 | 3,287 | 3,288 | 3,561 | ||||||
Tax | -353,820 | -32,416 | -75 | -35,582 | -84,829 | -46,426 | -740,240 | -16,348,832 | 682,999 | 646,811 | 134,491 | 175,672 | |||
Stock | |||||||||||||||
Debtors | 1,539,760 | 188,920 | -63,609,710 | 14,705,521 | 604,174 | -338,131 | -4,076,026 | 84,767,101 | -447,472 | -229,877 | 1,643,161 | 687,177 | 276,378 | 10,767 | 5,410 |
Creditors | -140,377 | -93,210 | 1,787 | 104,577 | -2,128,533 | 2,023,396 | 111,409 | 96,751 | 24,200 | ||||||
Accruals and Deferred Income | 326,998 | 35,286 | -31,774 | -65,278 | 112,939 | -253,951 | -7,781,660 | 2,949,340 | 687,336 | 370,268 | 4,028,667 | ||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | -1,573,533 | -168,553 | 63,585,102 | -14,778,556 | -563,905 | 142,627 | -968,817 | -105,855,662 | -6,200,301 | -4,470,420 | 443,886 | -1,265,117 | -270,305 | ||
Investing Activities | |||||||||||||||
capital expenditure | -107,114 | -185,887 | |||||||||||||
Change in Investments | 63 | -64 | 1 | 63 | |||||||||||
cash flow from investments | -107,114 | -185,887 | 64 | ||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -63,613,096 | 63,613,096 | |||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 1,573,533 | 168,553 | 27,994 | 182,325 | 563,905 | 423,775 | 223,585 | 601,529 | 239,992 | 33,028 | 14,917 | ||||
cash flow from financing | 1,573,533 | 168,553 | -63,585,102 | 63,795,421 | 563,905 | -143,283 | 223,585 | -8,541,879 | 9,540,277 | 319,428 | 9,057,006 | 1,568,778 | 908,222 | ||
cash and cash equivalents | |||||||||||||||
cash | -656 | -744,258 | -7,687,823 | 2,959,082 | -4,340,484 | 9,291,767 | -374,796 | 287,915 | 590,530 | 18,723 | |||||
overdraft | -4,857 | 4,857 | |||||||||||||
change in cash | -656 | -744,258 | -7,687,823 | 2,959,082 | -4,335,627 | 9,286,910 | -374,796 | 287,915 | 590,530 | 18,723 |
Perform a competitor analysis for touchtype limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in E 1 area or any other competitors across 12 key performance metrics.
TOUCHTYPE LIMITED group structure
Touchtype Limited has 1 subsidiary company.
Ultimate parent company
MICROSOFT CORP
#0006019
MICROSOFT INTERNATIONAL HOLDINGS BV
#0101782
2 parents
TOUCHTYPE LIMITED
06671487
1 subsidiary
Touchtype Limited currently has 2 directors. The longest serving directors include Mr Benjamin Orndorff (Mar 2016) and Mr Keith Dolliver (Mar 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Benjamin Orndorff | United States | 53 years | Mar 2016 | - | Director |
Mr Keith Dolliver | United States | 62 years | Mar 2016 | - | Director |
P&L
December 2023turnover
43k
-14%
operating profit
-7k
-140%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
35.3m
+0.04%
total assets
35.7m
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
company number
06671487
Type
Private limited with Share Capital
industry
63110 - Data processing, hosting and related activities
58290 - Other software publishing
62012 - Business and domestic software development
incorporation date
August 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
fluency labs limited (October 2012)
touchtype limited (October 2012)
accountant
-
auditor
DELOITTE (NI) LTD
address
1 blossom yard, fourth floor, london, E1 6RS
Bank
-
Legal Advisor
-
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 5 charges/mortgages relating to touchtype limited. Currently there are 4 open charges and 1 have been satisfied in the past.
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 TOUCHTYPE LIMITED. This can take several minutes, an email will notify you when this has completed.
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