assima r&d uk limited
assima r&d uk limited Company Information
Company Number
07469706
Website
www.assima.netRegistered Address
c/o xeinadin corporate recovery, 100 barbirolli square, manchester, M2 3BD
Industry
Business and domestic software development
Telephone
01618766606
Next Accounts Due
1293 days late
Group Structure
View All
Directors
Karl Gilbank5 Years
Shareholders
assima switzerland sa 100%
assima r&d uk limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIMA R&D UK LIMITED at £402.8k based on a Turnover of £735.7k and 0.55x 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 £121.6k based on an EBITDA of £31.3k and a 3.88x 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 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
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.
Upgrade for unlimited company reports & a free credit check
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 (£2m)
£735.7k - Assima R&d Uk Limited
£2m - 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 (73.1%)
27.8% - Assima R&d Uk Limited
73.1% - Industry AVG
Profitability
an operating margin of 4.3% make it as profitable than the average company (4.5%)
4.3% - Assima R&d Uk Limited
4.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (37)
6 - Assima R&d Uk Limited
37 - Industry AVG
Pay Structure
on an average salary of £69.6k, the company has an equivalent pay structure (£61.2k)
£69.6k - Assima R&d Uk Limited
£61.2k - Industry AVG
Efficiency
resulting in sales per employee of £122.6k, this is equally as efficient (£110.2k)
£122.6k - Assima R&d Uk Limited
£110.2k - 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 (47 days)
11 days - Assima R&d Uk Limited
47 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 (63.6%)
47.4% - Assima R&d Uk Limited
63.6% - 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 and benchmarking them against 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 | 49 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
14
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o xeinadin corporate recovery, 100 barbirolli square, manchester, M2 3BD
last accounts submitted
December 2018
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 Companies House Filings - See Documents
| date | description | view/download |
|---|
