utelize communications limited
utelize communications limited Company Information
Company Number
07462310
Next Accounts
Sep 2025
Shareholders
matthew james atkinson
kathryn atkinson
View AllGroup Structure
View All
Industry
Wireless telecommunications activities
+1Registered Address
35 richmond road, malvern, worcestershire, WR14 1NE
Website
www.utelize.co.ukutelize communications limited Estimated Valuation
Pomanda estimates the enterprise value of UTELIZE COMMUNICATIONS LIMITED at £5.1m based on a Turnover of £5.3m and 0.97x industry multiple (adjusted for size and gross margin).
utelize communications limited Estimated Valuation
Pomanda estimates the enterprise value of UTELIZE COMMUNICATIONS LIMITED at £2.6m based on an EBITDA of £681.5k and a 3.81x industry multiple (adjusted for size and gross margin).
utelize communications limited Estimated Valuation
Pomanda estimates the enterprise value of UTELIZE COMMUNICATIONS LIMITED at £2.4m based on Net Assets of £891.1k and 2.66x industry multiple (adjusted for liquidity).
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Utelize Communications Limited Overview
Utelize Communications Limited is a live company located in worcestershire, WR14 1NE with a Companies House number of 07462310. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in December 2010, it's largest shareholder is matthew james atkinson with a 36.2% stake. Utelize Communications Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with high growth in recent years.
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Utelize Communications Limited Health Check
Pomanda's financial health check has awarded Utelize Communications Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£10.8m)
£5.3m - Utelize Communications Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.5%)
18% - Utelize Communications Limited
5.5% - Industry AVG
Production
with a gross margin of 39.8%, this company has a comparable cost of product (38.5%)
39.8% - Utelize Communications Limited
38.5% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (4%)
9.1% - Utelize Communications Limited
4% - Industry AVG
Employees
with 20 employees, this is below the industry average (43)
20 - Utelize Communications Limited
43 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£66.1k)
- Utelize Communications Limited
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £262.7k, this is more efficient (£218.6k)
£262.7k - Utelize Communications Limited
£218.6k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (44 days)
34 days - Utelize Communications Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (44 days)
30 days - Utelize Communications Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (25 days)
9 days - Utelize Communications Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (10 weeks)
33 weeks - Utelize Communications Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.9%, this is a lower level of debt than the average (61.7%)
54.9% - Utelize Communications Limited
61.7% - Industry AVG
UTELIZE COMMUNICATIONS LIMITED financials
Utelize Communications Limited's latest turnover from December 2023 is £5.3 million and the company has net assets of £891.1 thousand. According to their latest financial statements, Utelize Communications Limited has 20 employees and maintains cash reserves of £642.3 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,254,896 | 4,619,609 | 4,268,123 | 3,212,721 | 2,400,851 | 2,465,571 | 1,843,425 | 1,447,875 | 890,109 | 727,502 | 616,171 | 270,920 | 110,353 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,164,750 | 2,994,144 | 2,789,825 | 1,981,966 | 1,357,708 | 1,518,814 | 1,102,734 | 759,464 | 478,563 | 271,586 | 190,254 | 49,534 | 0 |
| Gross Profit | 2,090,146 | 1,625,465 | 1,478,298 | 1,230,755 | 1,043,143 | 946,757 | 740,691 | 688,411 | 411,546 | 455,916 | 425,917 | 221,386 | 110,353 |
| Admin Expenses | 1,611,994 | 1,308,717 | 1,113,549 | 1,111,623 | 1,004,511 | 887,969 | 726,949 | 574,276 | 419,752 | 446,539 | 541,312 | 167,972 | 25,537 |
| Operating Profit | 478,152 | 316,748 | 364,749 | 119,132 | 38,632 | 58,788 | 13,742 | 114,135 | -8,206 | 9,377 | -115,395 | 53,414 | 84,816 |
| Interest Payable | 10,389 | 14,591 | 4,465 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 354 | 1,120 | 0 |
| Interest Receivable | 4,493 | 507 | 45 | 21 | 0 | 0 | 0 | 0 | 0 | 61 | 0 | 0 | 0 |
| Pre-Tax Profit | 457,237 | 302,664 | 360,329 | 119,153 | 38,497 | 58,788 | 13,742 | 114,135 | -8,206 | 9,438 | -115,749 | 63,909 | 84,816 |
| Tax | -147,143 | -64,397 | 0 | 0 | 0 | 0 | 0 | -2,030 | 0 | -10,241 | -41 | -12,331 | -16,916 |
| Profit After Tax | 310,094 | 238,267 | 360,329 | 119,153 | 38,497 | 58,788 | 13,742 | 112,105 | -8,206 | -803 | -115,790 | 51,578 | 67,900 |
| Dividends Paid | 265,874 | 328,994 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,000 | 0 |
| Retained Profit | 44,220 | -90,727 | 360,329 | 113,670 | 44,376 | 64,418 | 17,009 | 112,105 | -8,206 | -803 | -115,790 | -2,422 | 67,900 |
| Employee Costs | |||||||||||||
| Number Of Employees | 20 | 19 | 19 | 16 | 16 | 13 | 11 | 8 | 9 | ||||
| EBITDA* | 681,510 | 494,494 | 462,510 | 202,906 | 101,158 | 97,827 | 39,124 | 130,998 | 30,829 | 44,249 | -96,375 | 55,226 | 84,952 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 48,762 | 65,953 | 74,391 | 12,445 | 16,426 | 27,031 | 31,519 | 18,978 | 4,331 | 13,260 | 15,900 | 15,631 | 2,345 |
| Intangible Assets | 446,940 | 460,919 | 440,369 | 383,962 | 334,149 | 229,892 | 39,063 | 18,692 | 33,843 | 61,712 | 82,913 | 0 | 0 |
| Investments & Other | 8 | 8 | 0 | 0 | 5,483 | 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 |
| Total Fixed Assets | 495,710 | 526,880 | 514,760 | 396,407 | 356,058 | 256,923 | 70,582 | 37,670 | 38,174 | 74,972 | 98,813 | 15,631 | 2,345 |
| Stock & work in progress | 83,018 | 94,841 | 5,145 | 1,126 | 6,431 | 10,031 | 60,288 | 0 | 1,388 | 0 | 0 | 0 | 0 |
| Trade Debtors | 492,556 | 472,936 | 349,660 | 251,823 | 228,017 | 223,825 | 191,102 | 131,205 | 111,394 | 74,556 | 44,906 | 276,272 | 77,550 |
| Group Debtors | 46,987 | 20,436 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 215,090 | 117,691 | 62,041 | 222,666 | 67,213 | 33,541 | 14,121 | 37,974 | 18,436 | 18,909 | 25,681 | 29,249 | 825 |
| Cash | 642,289 | 716,580 | 971,149 | 668,697 | 154,017 | 241,129 | 193,362 | 271,999 | 110,375 | 102,808 | 81,450 | 163,431 | 29,296 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,479,940 | 1,422,484 | 1,387,995 | 1,144,312 | 455,678 | 508,526 | 458,873 | 441,178 | 241,593 | 196,273 | 152,037 | 468,952 | 107,671 |
| total assets | 1,975,650 | 1,949,364 | 1,902,755 | 1,540,719 | 811,736 | 765,449 | 529,455 | 478,848 | 279,767 | 271,245 | 250,850 | 484,583 | 110,016 |
| Bank overdraft | 90,751 | 86,334 | 82,132 | 22,916 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,425 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 260,437 | 365,384 | 230,422 | 192,945 | 206,639 | 151,291 | 122,234 | 79,344 | 62,667 | 41,953 | 23,329 | 21,865 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 641,021 | 490,075 | 405,630 | 388,463 | 77,386 | 130,427 | 82,272 | 97,590 | 27,291 | 31,277 | 28,703 | 164,770 | 42,016 |
| total current liabilities | 992,209 | 941,793 | 718,184 | 604,324 | 284,025 | 281,718 | 204,506 | 176,934 | 89,958 | 73,230 | 52,032 | 188,060 | 42,016 |
| loans | 69,917 | 160,667 | 247,001 | 327,084 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,959 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 22,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 92,317 | 160,667 | 247,001 | 327,084 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,959 | 0 |
| total liabilities | 1,084,526 | 1,102,460 | 965,185 | 931,408 | 284,025 | 281,718 | 204,506 | 176,934 | 89,958 | 73,230 | 52,032 | 214,019 | 42,016 |
| net assets | 891,124 | 846,904 | 937,570 | 609,311 | 527,711 | 483,335 | 318,923 | 301,914 | 189,809 | 198,015 | 198,818 | 270,564 | 68,000 |
| total shareholders funds | 891,124 | 846,904 | 937,570 | 609,311 | 527,711 | 483,335 | 318,923 | 301,914 | 189,809 | 198,015 | 198,818 | 270,564 | 68,000 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 478,152 | 316,748 | 364,749 | 119,132 | 38,632 | 58,788 | 13,742 | 114,135 | -8,206 | 9,377 | -115,395 | 53,414 | 84,816 |
| Depreciation | 37,984 | 32,999 | 5,951 | 8,126 | 12,026 | 11,858 | 11,692 | 1,712 | 11,167 | 7,004 | 6,204 | 1,812 | 136 |
| Amortisation | 165,374 | 144,747 | 91,810 | 75,648 | 50,500 | 27,181 | 13,690 | 15,151 | 27,868 | 27,868 | 12,816 | 0 | 0 |
| Tax | -147,143 | -64,397 | 0 | 0 | 0 | 0 | 0 | -2,030 | 0 | -10,241 | -41 | -12,331 | -16,916 |
| Stock | -11,823 | 89,696 | 4,019 | -5,305 | -3,600 | -50,257 | 60,288 | -1,388 | 1,388 | 0 | 0 | 0 | 0 |
| Debtors | 143,570 | 199,362 | -62,788 | 179,259 | 37,864 | 52,143 | 36,044 | 39,349 | 36,365 | 22,878 | -234,934 | 227,146 | 78,375 |
| Creditors | -104,947 | 134,962 | 37,477 | -13,694 | 55,348 | 29,057 | 42,890 | 16,677 | 20,714 | 18,624 | 1,464 | 21,865 | 0 |
| Accruals and Deferred Income | 150,946 | 84,445 | 17,167 | 311,077 | -53,041 | 48,155 | -15,318 | 70,299 | -3,986 | 2,574 | -136,067 | 122,754 | 42,016 |
| Deferred Taxes & Provisions | 22,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 471,019 | 360,446 | 575,923 | 326,335 | 69,201 | 173,153 | -29,636 | 177,983 | 9,804 | 32,328 | 3,915 | -39,632 | 31,677 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 8 | 0 | -5,483 | 5,483 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -90,750 | -86,334 | -80,083 | 327,084 | 0 | 0 | 0 | 0 | 0 | 0 | -25,959 | 25,959 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -5,896 | -14,084 | -4,420 | 21 | 0 | 0 | 0 | 0 | 0 | 61 | -354 | -1,120 | 0 |
| cash flow from financing | -96,646 | -100,357 | -116,573 | 295,035 | 0 | 99,994 | 0 | 0 | 0 | 61 | 17,731 | 229,825 | 100 |
| cash and cash equivalents | |||||||||||||
| cash | -74,291 | -254,569 | 302,452 | 514,680 | -87,112 | 47,767 | -78,637 | 161,624 | 7,567 | 21,358 | -81,981 | 134,135 | 29,296 |
| overdraft | 4,417 | 4,202 | 59,216 | 22,916 | 0 | 0 | 0 | 0 | 0 | 0 | -1,425 | 1,425 | 0 |
| change in cash | -78,708 | -258,771 | 243,236 | 491,764 | -87,112 | 47,767 | -78,637 | 161,624 | 7,567 | 21,358 | -80,556 | 132,710 | 29,296 |
utelize communications limited Credit Report and Business Information
Utelize Communications Limited Competitor Analysis
Perform a competitor analysis for utelize communications limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in WR14 area or any other competitors across 12 key performance metrics.
utelize communications limited Ownership
UTELIZE COMMUNICATIONS LIMITED group structure
Utelize Communications Limited has 3 subsidiary companies.
Ultimate parent company
UTELIZE COMMUNICATIONS LIMITED
07462310
3 subsidiaries
utelize communications limited directors
Utelize Communications Limited currently has 5 directors. The longest serving directors include Mr Matthew Atkinson (Dec 2010) and Mr Adam Richardson (Nov 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Atkinson | 52 years | Dec 2010 | - | Director | |
| Mr Adam Richardson | England | 66 years | Nov 2012 | - | Director |
| Mr Kevin Steed | England | 53 years | Nov 2012 | - | Director |
| Miss Samantha Beckford | England | 58 years | Dec 2014 | - | Director |
| Mr Ian Atkins | England | 60 years | Jan 2022 | - | Director |
P&L
December 2023turnover
5.3m
+14%
operating profit
478.2k
+51%
gross margin
39.8%
+13.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
891.1k
+0.05%
total assets
2m
+0.01%
cash
642.3k
-0.1%
net assets
Total assets minus all liabilities
utelize communications limited company details
company number
07462310
Type
Private limited with Share Capital
industry
61200 - Wireless telecommunications activities
61900 - Other telecommunications activities
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
clarocom limited (July 2012)
accountant
HILARY D BAKER
auditor
-
address
35 richmond road, malvern, worcestershire, WR14 1NE
Bank
-
Legal Advisor
-
utelize communications 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 found 1 charges/mortgages relating to utelize communications limited. Currently there are 1 open charges and 0 have been satisfied in the past.
utelize communications 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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utelize communications limited Companies House Filings - See Documents
| date | description | view/download |
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