polymorphic limited

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polymorphic limited Company Information

Share POLYMORPHIC LIMITED

Company Number

06864266

Directors

Adam Waterson

Shareholders

adam waterson

rachael waterson

Group Structure

View All

Industry

Data processing, hosting and related activities

 +1

Registered Address

2 granham acre, shafton, barnsley, south yorkshire, S72 8WE

polymorphic limited Estimated Valuation

£62.8k

Pomanda estimates the enterprise value of POLYMORPHIC LIMITED at £62.8k based on a Turnover of £90k and 0.7x industry multiple (adjusted for size and gross margin).

polymorphic limited Estimated Valuation

£0

Pomanda estimates the enterprise value of POLYMORPHIC LIMITED at £0 based on an EBITDA of £-3.6k and a 4.06x industry multiple (adjusted for size and gross margin).

polymorphic limited Estimated Valuation

£28.6k

Pomanda estimates the enterprise value of POLYMORPHIC LIMITED at £28.6k based on Net Assets of £12.3k and 2.33x industry multiple (adjusted for liquidity).

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Polymorphic Limited Overview

Polymorphic Limited is a live company located in barnsley, S72 8WE with a Companies House number of 06864266. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2009, it's largest shareholder is adam waterson with a 60% stake. Polymorphic Limited is a established, micro sized company, Pomanda has estimated its turnover at £90k with declining growth in recent years.

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Polymorphic Limited Health Check

Pomanda's financial health check has awarded Polymorphic Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £90k, make it smaller than the average company (£4.9m)

£90k - Polymorphic Limited

£4.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (9%)

-7% - Polymorphic Limited

9% - Industry AVG

production

Production

with a gross margin of 37.3%, this company has a higher cost of product (67.2%)

37.3% - Polymorphic Limited

67.2% - Industry AVG

profitability

Profitability

an operating margin of -4% make it less profitable than the average company (4.1%)

-4% - Polymorphic Limited

4.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (33)

2 - Polymorphic Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £70k, the company has an equivalent pay structure (£70k)

£70k - Polymorphic Limited

£70k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £45k, this is less efficient (£138.7k)

£45k - Polymorphic Limited

£138.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 54 days, this is near the average (55 days)

54 days - Polymorphic Limited

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (38 days)

22 days - Polymorphic Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Polymorphic Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Polymorphic Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.3%, this is a lower level of debt than the average (57.9%)

26.3% - Polymorphic Limited

57.9% - Industry AVG

POLYMORPHIC LIMITED financials

EXPORTms excel logo

Polymorphic Limited's latest turnover from March 2024 is estimated at £90 thousand and the company has net assets of £12.3 thousand. According to their latest financial statements, Polymorphic Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover89,99889,80186,957111,146144,452123,23793,51795,94329,70636,64138,39821,66317,8906,4187,022
Other Income Or Grants
Cost Of Sales56,45556,37154,43169,45088,70777,55060,20760,18818,74022,51223,85113,40310,8353,7524,141
Gross Profit33,54333,43032,52641,69755,74445,68733,31035,75510,96614,12914,5478,2607,0542,6662,882
Admin Expenses37,10632,52433,53353,34733,79234,64135,95837,69112,93917,1316,3355,3797,070-5173,567
Operating Profit-3,563906-1,007-11,65021,95211,046-2,648-1,936-1,973-3,0028,2122,881-163,183-685
Interest Payable
Interest Receivable197385121125844111
Pre-Tax Profit-3,563906-1,007-11,65021,95211,046-2,648-1,917-1,900-2,9178,3343,005683,224-674
Tax-172-4,171-2,099-1,917-721-18-903
Profit After Tax-3,563734-1,007-11,65017,7818,947-2,648-1,917-1,900-2,9176,4172,284502,321-674
Dividends Paid
Retained Profit-3,563734-1,007-11,65017,7818,947-2,648-1,917-1,900-2,9176,4172,284502,321-674
Employee Costs140,002134,915120,650108,645111,862110,894107,171104,44050,95448,86148,70547,66445,82244,68546,095
Number Of Employees222222221111111
EBITDA*-3,563906-1,007-11,65021,95211,046-2,648-1,936-1,312-2,3878,8273,4965993,734-134

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets3,2164,1702,3261,4371,9533556077201,3815411,1561,7712,3862,5713,122
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,2164,1702,3261,4371,9533556077201,3815411,1561,7712,3862,5713,122
Stock & work in progress
Trade Debtors13,41316,49015,90130,46947,91834,90618,68818,8957,0569,2408,8201,275
Group Debtors
Misc Debtors
Cash15,20713,81020,29728,24321,56312,0204,349
misc current assets
total current assets13,41316,49015,90130,46947,91834,90618,68818,89522,26323,05029,11728,24321,56313,2954,349
total assets16,62920,66018,22731,90649,87135,26119,29519,61523,64423,59130,27330,01423,94915,8667,471
Bank overdraft
Bank loan
Trade Creditors 3,4363,9891,88014,42220,80223,86816,94314,67917,96316,01019,77525,93322,15214,1198,045
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities3,4363,9891,88014,42220,80223,86816,94314,67917,96316,01019,77525,93322,15214,1198,045
loans
hp & lease commitments
Accruals and Deferred Income9358501,2601,3901,3251,4301,3361,272
other liabilities
provisions
total long term liabilities9358501,2601,3901,3251,4301,3361,272
total liabilities4,3714,8393,14015,81222,12725,29818,27915,95117,96316,01019,77525,93322,15214,1198,045
net assets12,25815,82115,08716,09427,7449,9631,0163,6645,6817,58110,4984,0811,7971,747-574
total shareholders funds12,25815,82115,08716,09427,7449,9631,0163,6645,6817,58110,4984,0811,7971,747-574
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-3,563906-1,007-11,65021,95211,046-2,648-1,936-1,973-3,0028,2122,881-163,183-685
Depreciation661615615615615551551
Amortisation
Tax-172-4,171-2,099-1,917-721-18-903
Stock
Debtors-3,077589-14,568-17,44913,01216,218-20711,839-2,1844208,820-1,2751,275
Creditors-5532,109-12,542-6,380-3,0666,9252,264-3,2841,953-3,765-6,1583,7818,0336,0748,045
Accruals and Deferred Income85-410-13065-10594641,272
Deferred Taxes & Provisions
Cash flow from operations-9541,844889-5161,598-252-113-15,7872,825-6,572-8,0686,5569,8897,6307,911
Investing Activities
capital expenditure954-1,844-889516-1,598252113661-1,501-430-3,673
Change in Investments
cash flow from investments954-1,844-889516-1,598252113661-1,501-430-3,673
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-100100
interest197385121125844111
cash flow from financing-8173851211258441111
cash and cash equivalents
cash-15,2071,397-6,487-7,9466,6809,5437,6714,349
overdraft
change in cash-15,2071,397-6,487-7,9466,6809,5437,6714,349

polymorphic limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Polymorphic Limited Competitor Analysis

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Perform a competitor analysis for polymorphic limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in S72 area or any other competitors across 12 key performance metrics.

polymorphic limited Ownership

POLYMORPHIC LIMITED group structure

Polymorphic Limited has no subsidiary companies.

Ultimate parent company

POLYMORPHIC LIMITED

06864266

POLYMORPHIC LIMITED Shareholders

adam waterson 60%
rachael waterson 40%

polymorphic limited directors

Polymorphic Limited currently has 1 director, Mr Adam Waterson serving since Mar 2009.

officercountryagestartendrole
Mr Adam WatersonEngland44 years Mar 2009- Director

P&L

March 2024

turnover

90k

0%

operating profit

-3.6k

0%

gross margin

37.3%

+0.12%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

12.3k

-0.23%

total assets

16.6k

-0.2%

cash

0

0%

net assets

Total assets minus all liabilities

polymorphic limited company details

company number

06864266

Type

Private limited with Share Capital

industry

63110 - Data processing, hosting and related activities

62012 - Business and domestic software development

incorporation date

March 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

THORNTONS

auditor

-

address

2 granham acre, shafton, barnsley, south yorkshire, S72 8WE

Bank

-

Legal Advisor

-

polymorphic 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 polymorphic limited.

polymorphic 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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polymorphic limited Companies House Filings - See Documents

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