assima r&d uk limited
assima r&d uk limited Company Information
Company Number
07469706
Next Accounts
1487 days late
Industry
Business and domestic software development
Directors
Shareholders
assima switzerland sa
Group Structure
View All
Contact
Registered Address
c/o xeinadin corporate recovery, 100 barbirolli square, manchester, M2 3BD
Website
www.assima.netassima r&d uk limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIMA R&D UK LIMITED at £456.3k based on a Turnover of £735.7k and 0.62x industry multiple (adjusted for size and gross margin).
assima r&d uk limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIMA R&D UK LIMITED at £116.5k based on an EBITDA of £31.3k and a 3.72x industry multiple (adjusted for size and gross margin).
assima r&d uk limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIMA R&D UK LIMITED at £1.3m based on Net Assets of £566.7k and 2.37x industry multiple (adjusted for liquidity).
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Assima R&d Uk Limited Overview
Assima R&d Uk Limited is a live company located in manchester, M2 3BD with a Companies House number of 07469706. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2010, it's largest shareholder is assima switzerland sa with a 100% stake. Assima R&d Uk Limited is a established, small sized company, Pomanda has estimated its turnover at £735.7k with declining growth in recent years.
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Assima R&d Uk Limited Health Check
Pomanda's financial health check has awarded Assima R&D Uk Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £735.7k, make it smaller than the average company (£2.1m)
£735.7k - Assima R&d Uk Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (7.2%)
-7% - Assima R&d Uk Limited
7.2% - Industry AVG
Production
with a gross margin of 27.8%, this company has a higher cost of product (72.8%)
27.8% - Assima R&d Uk Limited
72.8% - Industry AVG
Profitability
an operating margin of 4.3% make it as profitable than the average company (4.3%)
4.3% - Assima R&d Uk Limited
4.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (38)
6 - Assima R&d Uk Limited
38 - Industry AVG
Pay Structure
on an average salary of £69.6k, the company has an equivalent pay structure (£61.5k)
£69.6k - Assima R&d Uk Limited
£61.5k - Industry AVG
Efficiency
resulting in sales per employee of £122.6k, this is equally as efficient (£109.8k)
£122.6k - Assima R&d Uk Limited
£109.8k - Industry AVG
Debtor Days
it gets paid by customers after 494 days, this is later than average (65 days)
494 days - Assima R&d Uk Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (46 days)
11 days - Assima R&d Uk Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Assima R&d Uk Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Assima R&d Uk Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.4%, this is a lower level of debt than the average (63.4%)
47.4% - Assima R&d Uk Limited
63.4% - Industry AVG
ASSIMA R&D UK LIMITED financials
Assima R&D Uk Limited's latest turnover from December 2018 is £735.7 thousand and the company has net assets of £566.7 thousand. According to their latest financial statements, Assima R&D Uk Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 735,712 | 890,166 | 860,606 | 909,967 | 1,002,405 | 1,044,482 | 1,057,833 | 1,030,518 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 531,516 | 657,801 | 612,191 | 645,913 | 718,986 | 776,108 | 774,937 | 778,586 |
| Gross Profit | 204,196 | 232,365 | 248,415 | 264,054 | 283,419 | 268,374 | 282,896 | 251,932 |
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -11,716 | 42,388 | 40,982 | 43,363 | 47,721 | 49,737 | 44,859 | 49,072 |
| Tax | 37,184 | 198,707 | 38,168 | 0 | -2,417 | 5,631 | -5,389 | -11,548 |
| Profit After Tax | 25,468 | 241,095 | 79,150 | 43,363 | 45,304 | 55,368 | 39,470 | 37,524 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 25,468 | 241,095 | 79,150 | 43,363 | 45,304 | 55,368 | 39,470 | 37,524 |
| Employee Costs | 417,377 | 473,354 | 432,528 | 530,661 | 582,120 | 776,108 | 728,966 | 714,349 |
| Number Of Employees | 6 | 7 | 8 | 9 | 11 | 14 | 12 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 996,878 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 721,413 | 666,146 | 569,543 | 287,356 | 901,595 | 476,542 | 76,260 |
| Misc Debtors | 80,882 | 101,618 | 46,267 | 4,832 | 5,517 | 4,433 | 0 | 0 |
| Cash | 0 | 118,524 | 7,513 | 8,680 | 7,095 | 8,286 | 1 | 9,780 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,077,760 | 941,555 | 719,926 | 583,055 | 299,968 | 914,314 | 476,543 | 86,040 |
| total assets | 1,077,760 | 941,555 | 719,926 | 583,055 | 299,968 | 914,314 | 476,543 | 86,040 |
| Bank overdraft | 9,131 | 0 | 0 | 0 | 0 | 0 | 38,447 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,688 | 29,260 | 10,003 | 7,928 | 7,337 | 7,313 | 4,318 | 5,393 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 485,197 | 371,019 | 409,742 | 354,096 | 114,963 | 774,637 | 356,782 | 43,122 |
| total current liabilities | 511,016 | 400,279 | 419,745 | 362,024 | 122,300 | 781,950 | 399,547 | 48,515 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 511,016 | 400,279 | 419,745 | 362,024 | 122,300 | 781,950 | 399,547 | 48,515 |
| net assets | 566,744 | 541,276 | 300,181 | 221,031 | 177,668 | 132,364 | 76,996 | 37,525 |
| total shareholders funds | 566,744 | 541,276 | 300,181 | 221,031 | 177,668 | 132,364 | 76,996 | 37,525 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 37,184 | 198,707 | 38,168 | 0 | -2,417 | 5,631 | -5,389 | -11,548 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 254,729 | 110,618 | 138,038 | 281,502 | -613,155 | 429,486 | 400,282 | 76,260 |
| Creditors | -12,572 | 19,257 | 2,075 | 591 | 24 | 2,995 | -1,075 | 5,393 |
| Accruals and Deferred Income | 114,178 | -38,723 | 55,646 | 239,133 | -659,674 | 417,855 | 313,660 | 43,122 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| cash and cash equivalents | ||||||||
| cash | -118,524 | 111,011 | -1,167 | 1,585 | -1,191 | 8,285 | -9,779 | 9,780 |
| overdraft | 9,131 | 0 | 0 | 0 | 0 | -38,447 | 38,447 | 0 |
| change in cash | -127,655 | 111,011 | -1,167 | 1,585 | -1,191 | 46,732 | -48,226 | 9,780 |
assima r&d uk limited Credit Report and Business Information
Assima R&d Uk Limited Competitor Analysis
Perform a competitor analysis for assima r&d uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.
assima r&d uk limited Ownership
ASSIMA R&D UK LIMITED group structure
Assima R&D Uk Limited has no subsidiary companies.
Ultimate parent company
ASSIMA SWITZERLAND SA
#0074858
2 parents
ASSIMA R&D UK LIMITED
07469706
assima r&d uk limited directors
Assima R&D Uk Limited currently has 1 director, Mr Karl Gilbank serving since Jan 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Karl Gilbank | England | 50 years | Jan 2019 | - | Director |
P&L
December 2018turnover
735.7k
-17%
operating profit
31.3k
0%
gross margin
27.8%
+6.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
566.7k
+0.05%
total assets
1.1m
+0.14%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
assima r&d uk limited company details
company number
07469706
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
HAYS MACINTYRE LLP
address
c/o xeinadin corporate recovery, 100 barbirolli square, manchester, M2 3BD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
assima r&d uk 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 assima r&d uk limited.
assima r&d uk 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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assima r&d uk limited Companies House Filings - See Documents
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