portswigger ltd
portswigger ltd Company Information
Company Number
06719143
Next Accounts
Sep 2025
Shareholders
dafydd stuttard
brighton park capital fund ii l.p.
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
6 booths park chelford road, knutsford, WA16 8ZS
Website
portswigger.netportswigger ltd Estimated Valuation
Pomanda estimates the enterprise value of PORTSWIGGER LTD at £67m based on a Turnover of £36m and 1.86x industry multiple (adjusted for size and gross margin).
portswigger ltd Estimated Valuation
Pomanda estimates the enterprise value of PORTSWIGGER LTD at £146.9m based on an EBITDA of £12.9m and a 11.36x industry multiple (adjusted for size and gross margin).
portswigger ltd Estimated Valuation
Pomanda estimates the enterprise value of PORTSWIGGER LTD at £21.7m based on Net Assets of £9.1m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Portswigger Ltd Overview
Portswigger Ltd is a live company located in knutsford, WA16 8ZS with a Companies House number of 06719143. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2008, it's largest shareholder is dafydd stuttard with a 57.4% stake. Portswigger Ltd is a established, large sized company, Pomanda has estimated its turnover at £36m with high growth in recent years.
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Portswigger Ltd Health Check
Pomanda's financial health check has awarded Portswigger Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
0 Regular
2 Weak
Size
annual sales of £36m, make it larger than the average company (£4.6m)
£36m - Portswigger Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (10.2%)
27% - Portswigger Ltd
10.2% - Industry AVG
Production
with a gross margin of 92.2%, this company has a lower cost of product (72%)
92.2% - Portswigger Ltd
72% - Industry AVG
Profitability
an operating margin of 34.7% make it more profitable than the average company (3.4%)
34.7% - Portswigger Ltd
3.4% - Industry AVG
Employees
with 140 employees, this is above the industry average (42)
140 - Portswigger Ltd
42 - Industry AVG
Pay Structure
on an average salary of £109.8k, the company has a higher pay structure (£71.7k)
£109.8k - Portswigger Ltd
£71.7k - Industry AVG
Efficiency
resulting in sales per employee of £257.1k, this is more efficient (£122.3k)
£257.1k - Portswigger Ltd
£122.3k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (58 days)
2 days - Portswigger Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (41 days)
31 days - Portswigger Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Portswigger Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (17 weeks)
95 weeks - Portswigger Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46%, this is a lower level of debt than the average (63.1%)
46% - Portswigger Ltd
63.1% - Industry AVG
PORTSWIGGER LTD financials
Portswigger Ltd's latest turnover from December 2023 is £36 million and the company has net assets of £9.1 million. According to their latest financial statements, Portswigger Ltd has 140 employees and maintains cash reserves of £6.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 35,988,500 | 29,732,686 | 21,500,693 | 17,731,142 | 16,841,395 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,793,620 | 2,503,996 | 1,871,420 | 1,155,423 | 889,671 | ||||||||||
| Gross Profit | 33,194,880 | 27,228,690 | 19,629,273 | 16,575,719 | 15,951,724 | ||||||||||
| Admin Expenses | 20,721,804 | 15,202,058 | 11,605,097 | 7,316,582 | 5,790,765 | ||||||||||
| Operating Profit | 12,473,076 | 12,026,632 | 8,024,176 | 9,259,137 | 10,160,959 | ||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 131,735 | 123,430 | 50,618 | 6,394 | 11,241 | ||||||||||
| Pre-Tax Profit | 12,604,811 | 12,150,062 | 8,074,794 | 9,326,944 | 10,172,200 | ||||||||||
| Tax | -2,378,706 | -1,776,083 | -1,175,126 | -1,441,422 | -1,771,042 | ||||||||||
| Profit After Tax | 10,226,105 | 10,373,979 | 6,899,668 | 7,885,522 | 8,401,158 | ||||||||||
| Dividends Paid | 8,000,000 | 14,200,000 | 4,750,000 | 3,500,000 | 4,251,813 | ||||||||||
| Retained Profit | 2,226,105 | -3,826,021 | 2,149,668 | 4,385,522 | 4,149,345 | ||||||||||
| Employee Costs | 15,365,724 | 10,845,029 | 7,890,739 | 5,625,214 | 3,004,052 | ||||||||||
| Number Of Employees | 140 | 109 | 91 | 68 | 34 | 20 | 18 | 16 | |||||||
| EBITDA* | 12,934,103 | 12,438,096 | 8,372,985 | 9,456,454 | 10,416,996 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,306,951 | 3,266,604 | 3,423,613 | 325,148 | 372,267 | 540,406 | 509,947 | 338,841 | 173,338 | 66,519 | 44,391 | 2,351 | 3,526 | ||
| Intangible Assets | 349 | 6,526 | 132,425 | 264,847 | 397,272 | 529,697 | 662,122 | 794,547 | |||||||
| Investments & Other | 100 | 100 | 100 | 100 | 100 | ||||||||||
| Debtors (Due After 1 year) | 4,305,917 | 3,609,514 | 2,642,269 | 1,687,455 | 1,687,455 | ||||||||||
| Total Fixed Assets | 9,613,217 | 6,882,644 | 6,065,882 | 2,012,603 | 2,059,822 | 540,506 | 510,047 | 338,941 | 173,438 | 198,944 | 309,238 | 399,623 | 533,223 | 662,122 | 794,547 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 234,884 | 282,445 | 153,477 | 184,240 | 411 | 243 | 928 | 59,947 | 28,917 | 10,978 | 18,024 | 4,483 | |||
| Group Debtors | 871 | ||||||||||||||
| Misc Debtors | 665,317 | 481,930 | 411,988 | 103,074 | 656,263 | 66,960 | 100,845 | 28,094 | 43,058 | 481 | |||||
| Cash | 6,384,062 | 4,662,129 | 7,618,189 | 8,333,452 | 3,165,970 | 399,703 | 225,075 | 441,739 | 705,309 | 258,555 | 384,232 | 426,683 | 22,986 | 39,383 | 18,142 |
| misc current assets | 1 | ||||||||||||||
| total current assets | 7,284,263 | 5,426,504 | 8,183,654 | 8,620,766 | 3,822,233 | 466,663 | 326,331 | 470,076 | 750,167 | 318,502 | 413,149 | 438,142 | 41,010 | 43,866 | 18,142 |
| total assets | 16,897,480 | 12,309,148 | 14,249,536 | 10,633,369 | 5,882,055 | 1,007,169 | 836,378 | 809,017 | 923,605 | 517,446 | 722,387 | 837,765 | 574,233 | 705,988 | 812,689 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 240,526 | 61,957 | 148,243 | 99,876 | 93 | 64,305 | 49,185 | 24,194 | 360,433 | 195,796 | 270,428 | 343,489 | 135,544 | 9,508 | |
| Group/Directors Accounts | 212 | 1,945 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,235,884 | 2,508,416 | 1,788,260 | 1,898,990 | 1,630,569 | 816,519 | 457,545 | 422,688 | 210,258 | ||||||
| total current liabilities | 3,476,410 | 2,570,373 | 1,936,503 | 1,998,866 | 1,630,662 | 880,824 | 506,730 | 446,882 | 210,258 | 360,645 | 197,741 | 270,428 | 343,489 | 135,544 | 9,508 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 2,015,116 | 1,388,323 | 761,714 | 7,120 | 468,056 | 788,072 | |||||||||
| provisions | 2,276,567 | 1,674,280 | 763,514 | 25,987 | 46,660 | 83,584 | 55,980 | 64,701 | 34,668 | 14,519 | 10,389 | ||||
| total long term liabilities | 4,291,683 | 3,062,603 | 1,525,228 | 25,987 | 46,660 | 83,584 | 55,980 | 64,701 | 34,668 | 14,519 | 10,389 | 7,120 | 468,056 | 788,072 | |
| total liabilities | 7,768,093 | 5,632,976 | 3,461,731 | 2,024,853 | 1,677,322 | 964,408 | 562,710 | 511,583 | 244,926 | 375,164 | 208,130 | 270,428 | 350,609 | 603,600 | 797,580 |
| net assets | 9,129,387 | 6,676,172 | 10,787,805 | 8,608,516 | 4,204,733 | 42,761 | 273,668 | 297,434 | 678,679 | 142,282 | 514,257 | 567,337 | 223,624 | 102,388 | 15,109 |
| total shareholders funds | 9,129,387 | 6,676,172 | 10,787,805 | 8,608,516 | 4,204,733 | 42,761 | 273,668 | 297,434 | 678,679 | 142,282 | 514,257 | 567,337 | 223,624 | 102,388 | 15,109 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 12,473,076 | 12,026,632 | 8,024,176 | 9,259,137 | 10,160,959 | ||||||||||
| Depreciation | 461,027 | 411,464 | 348,809 | 197,317 | 256,037 | 180,716 | 134,209 | 100,557 | 42,005 | 22,026 | 5,178 | 1,175 | 1,176 | ||
| Amortisation | 132,425 | 132,422 | 132,425 | 132,425 | 132,425 | 132,425 | 132,425 | ||||||||
| Tax | -2,378,706 | -1,776,083 | -1,175,126 | -1,441,422 | -1,771,042 | ||||||||||
| Stock | |||||||||||||||
| Debtors | 832,229 | 1,166,155 | 1,232,965 | -368,949 | 2,276,758 | -34,296 | 72,919 | -16,520 | -15,090 | 31,030 | 17,458 | -6,565 | 13,541 | 4,483 | |
| Creditors | 178,569 | -86,286 | 48,367 | 99,783 | -64,212 | 15,120 | 24,991 | 24,194 | -360,433 | 164,637 | -74,632 | -73,061 | 207,945 | 126,036 | 9,508 |
| Accruals and Deferred Income | 727,468 | 720,156 | -110,730 | 268,421 | 814,050 | 358,974 | 34,857 | 212,430 | 210,258 | ||||||
| Deferred Taxes & Provisions | 602,287 | 910,766 | 737,527 | -20,673 | -36,924 | 27,604 | -8,721 | 30,033 | 20,149 | 4,130 | 10,389 | ||||
| Cash flow from operations | 11,231,492 | 11,040,494 | 6,640,058 | 8,731,512 | 7,082,110 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -100 | 100 | |||||||||||||
| cash flow from investments | 100 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -212 | -1,733 | 1,945 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 626,793 | 626,609 | 761,714 | -7,120 | -460,936 | -320,016 | 788,072 | ||||||||
| share issue | |||||||||||||||
| interest | 131,735 | 123,430 | 50,618 | 6,394 | 11,241 | ||||||||||
| cash flow from financing | 985,638 | 464,427 | 841,953 | 24,655 | 23,868 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,721,933 | -2,956,060 | -715,263 | 5,167,482 | 2,766,267 | 174,628 | -216,664 | -263,570 | 446,754 | -125,677 | -42,451 | 403,697 | -16,397 | 21,241 | 18,142 |
| overdraft | |||||||||||||||
| change in cash | 1,721,933 | -2,956,060 | -715,263 | 5,167,482 | 2,766,267 | 174,628 | -216,664 | -263,570 | 446,754 | -125,677 | -42,451 | 403,697 | -16,397 | 21,241 | 18,142 |
portswigger ltd Credit Report and Business Information
Portswigger Ltd Competitor Analysis
Perform a competitor analysis for portswigger ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in WA16 area or any other competitors across 12 key performance metrics.
portswigger ltd Ownership
PORTSWIGGER LTD group structure
Portswigger Ltd has 1 subsidiary company.
portswigger ltd directors
Portswigger Ltd currently has 8 directors. The longest serving directors include Dr Dafydd Stuttard (Oct 2008) and Mrs Rebecca Stuttard (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Dafydd Stuttard | United Kingdom | 52 years | Oct 2008 | - | Director |
| Mrs Rebecca Stuttard | United Kingdom | 48 years | Jan 2015 | - | Director |
| Mr Paul Blomfield | United Kingdom | 51 years | Jan 2019 | - | Director |
| Ms Yvonne Agyei | United Kingdom | 56 years | Jul 2019 | - | Director |
| Mr Philip Green | England | 49 years | Nov 2019 | - | Director |
| Mr Philip Green | England | 49 years | Nov 2019 | - | Director |
| Mr Timothy Drager | United States | 36 years | May 2024 | - | Director |
| Mr Larry Biagini | United States | 66 years | May 2024 | - | Director |
P&L
December 2023turnover
36m
+21%
operating profit
12.5m
+4%
gross margin
92.3%
+0.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.1m
+0.37%
total assets
16.9m
+0.37%
cash
6.4m
+0.37%
net assets
Total assets minus all liabilities
Similar Companies
portswigger ltd company details
company number
06719143
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
6 booths park chelford road, knutsford, WA16 8ZS
Bank
-
Legal Advisor
-
portswigger 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 portswigger ltd.
portswigger ltd Capital Raised & Share Issues BETA
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portswigger ltd Companies House Filings - See Documents
| date | description | view/download |
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