Pomanda estimates the enterprise value of TORSTONE TECHNOLOGY LIMITED at £31.8m based on a Turnover of £20.1m and 1.58x industry multiple (adjusted for size and gross margin).
torstone technology limitedEstimated Valuation
£9.7m
Pomanda estimates the enterprise value of TORSTONE TECHNOLOGY LIMITED at £9.7m based on an EBITDA of £1.1m and a 8.84x industry multiple (adjusted for size and gross margin).
torstone technology limitedEstimated Valuation
£12.8m
Pomanda estimates the enterprise value of TORSTONE TECHNOLOGY LIMITED at £12.8m based on Net Assets of £5.7m and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Torstone Technology LimitedOverview
Torstone Technology Limited is a live company located in london, EC4N 8AF with a Companies House number of 07490275. It operates in the business and domestic software development sector, SIC Code 62012. Founded in January 2011, it's largest shareholder is
fidelity national information services (netherlands) b.v.
with a 100% stake. Torstone Technology Limited is a established,
large sized company, Pomanda has estimated its turnover at
£20.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Torstone Technology Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
2 Weak
Size
annual sales of £20.1m, make it larger than the average company (£4.7m)
£20.1m - Torstone Technology Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.1%)
21% - Torstone Technology Limited
6.1% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (68.5%)
100% - Torstone Technology Limited
68.5% - Industry AVG
Profitability
an operating margin of 4.8% make it as profitable than the average company (4.1%)
4.8% - Torstone Technology Limited
4.1% - Industry AVG
Employees
with 120 employees, this is above the industry average (34)
120 - Torstone Technology Limited
34 - Industry AVG
Pay Structure
on an average salary of £103.7k, the company has a higher pay structure (£68.7k)
£103.7k - Torstone Technology Limited
£68.7k - Industry AVG
Efficiency
resulting in sales per employee of £167.2k, this is more efficient (£140.8k)
£167.2k - Torstone Technology Limited
£140.8k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (59 days)
112 days - Torstone Technology Limited
59 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Torstone Technology Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Torstone Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 36 weeks, this is more cash available to meet short term requirements (19 weeks)
36 weeks - Torstone Technology Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.5%, this is a similar level of debt than the average (59.6%)
63.5% - Torstone Technology Limited
59.6% - Industry AVG
TORSTONE TECHNOLOGY LIMITED financials
EXPORT
Torstone Technology Limited's latest turnover from January 2023 is £20.1 million and the company has net assets of £5.7 million. According to their latest financial statements, Torstone Technology Limited has 120 employees and maintains cash reserves of £6.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Turnover
20,063,453
15,631,617
12,574,611
11,423,792
11,246,074
4,490,390
3,154,247
4,645,974
4,975,516
5,122,971
2,382,473
4,028,588
Other Income Or Grants
Cost Of Sales
3,873,033
3,849,991
1,646,682
1,147,846
1,638,368
1,734,213
1,812,231
870,445
1,359,285
Gross Profit
20,063,453
15,631,617
12,574,611
7,550,759
7,396,082
2,843,709
2,006,401
3,007,607
3,241,304
3,310,740
1,512,028
2,669,303
Admin Expenses
19,104,583
15,076,425
11,863,258
7,845,222
6,791,217
3,057,623
1,647,812
3,298,639
3,145,112
2,221,414
-279,156
2,318,599
Operating Profit
958,870
555,192
711,353
-294,463
604,865
-213,914
358,589
-291,032
96,192
1,089,326
1,791,184
350,704
Interest Payable
714
Interest Receivable
38,840
475
1,466
2,846
22,234
19,208
8,814
12,823
13,362
14,129
11,065
3,841
Pre-Tax Profit
997,710
555,667
712,105
-291,617
627,099
-194,706
367,403
-278,209
109,554
1,103,455
1,802,249
354,545
Tax
508,785
216,078
178,945
259,557
-119,149
-73,480
-23,006
-253,795
-432,540
-92,182
Profit After Tax
1,506,495
771,745
891,050
-32,060
507,950
-194,706
293,922
-278,209
86,548
849,660
1,369,709
262,363
Dividends Paid
Retained Profit
1,506,495
771,745
891,050
-32,060
507,950
-194,706
293,922
-278,209
86,548
849,660
1,369,709
262,363
Employee Costs
12,442,866
8,765,285
7,798,814
6,790,299
2,469,703
2,040,504
1,784,178
1,610,546
2,008,302
2,170,730
1,123,812
1,758,738
Number Of Employees
120
95
70
64
42
38
34
31
41
44
23
38
EBITDA*
1,100,286
736,528
892,343
-178,139
673,204
-153,527
469,984
-182,418
200,965
1,172,580
2,394,597
412,011
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Tangible Assets
142,158
175,466
228,855
294,874
125,658
137,836
115,235
107,742
117,918
82,162
77,389
93,117
Intangible Assets
24,726
49,726
74,726
99,726
41,335
86,428
131,521
176,614
748,767
Investments & Other
34,000
100,000
100,000
100,000
100,000
Debtors (Due After 1 year)
72,340
141,925
34,348
34,348
34,348
34,625
34,625
Total Fixed Assets
166,884
225,192
375,921
536,525
194,006
272,184
249,583
283,702
338,971
213,683
254,003
841,884
Stock & work in progress
Trade Debtors
6,184,469
3,176,152
1,478,265
3,456,477
2,989,448
823,225
431,272
885,558
831,062
801,450
344,833
640,575
Group Debtors
Misc Debtors
2,690,349
2,152,282
2,384,971
2,521,448
1,916,569
875,646
547,774
601,178
Cash
6,677,472
10,700,456
5,967,695
2,169,940
2,750,427
3,178,587
4,504,785
2,546,303
2,583,019
2,761,846
2,889,584
1,536,398
misc current assets
total current assets
15,552,290
16,028,890
9,830,931
8,147,865
7,656,444
4,877,458
5,483,831
4,033,039
3,414,081
3,563,296
3,234,417
2,176,973
total assets
15,719,174
16,254,082
10,206,852
8,684,390
7,850,450
5,149,642
5,733,414
4,316,741
3,753,052
3,776,979
3,488,420
3,018,857
Bank overdraft
Bank loan
Trade Creditors
358,010
252,601
153,940
348,672
185,200
97,421
75,123
92,919
520,772
631,247
1,176,820
1,079,287
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
9,159,988
10,839,625
4,909,467
3,891,572
2,853,810
1,423,602
1,235,298
666,418
total current liabilities
9,517,998
11,092,226
5,063,407
4,240,244
3,039,010
1,521,023
1,310,421
759,337
520,772
631,247
1,176,820
1,079,287
loans
hp & lease commitments
Accruals and Deferred Income
463,713
794,093
1,459,197
1,440,654
1,768,203
1,093,332
1,175,000
other liabilities
603,333
31,528
1,029,207
provisions
total long term liabilities
463,713
794,093
1,459,197
1,440,654
1,768,203
1,093,332
1,175,000
603,333
31,528
1,029,207
total liabilities
9,981,711
11,886,319
6,522,604
5,680,898
4,807,213
2,614,355
2,485,421
1,362,670
520,772
631,247
1,208,348
2,108,494
net assets
5,737,463
4,367,763
3,684,248
3,003,492
3,043,237
2,535,287
3,247,993
2,954,071
3,232,280
3,145,732
2,280,072
910,363
total shareholders funds
5,737,463
4,367,763
3,684,248
3,003,492
3,043,237
2,535,287
3,247,993
2,954,071
3,232,280
3,145,732
2,280,072
910,363
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Operating Activities
Operating Profit
958,870
555,192
711,353
-294,463
604,865
-213,914
358,589
-291,032
96,192
1,089,326
1,791,184
350,704
Depreciation
116,416
156,336
155,990
116,324
68,339
60,387
70,060
63,521
59,680
38,161
31,260
4,843
Amortisation
25,000
25,000
25,000
41,335
45,093
45,093
45,093
572,153
56,464
Tax
508,785
216,078
178,945
259,557
-119,149
-73,480
-23,006
-253,795
-432,540
-92,182
Stock
Debtors
3,546,384
1,392,858
-2,184,274
1,179,485
3,207,146
719,825
-507,967
655,674
64,237
456,617
-295,742
640,575
Creditors
105,409
98,661
-194,732
163,472
87,779
22,298
-17,796
-427,853
-110,475
-545,573
97,533
1,079,287
Accruals and Deferred Income
-2,010,017
5,265,054
1,036,438
710,213
2,105,079
106,636
1,743,880
666,418
Deferred Taxes & Provisions
Cash flow from operations
-3,841,921
4,923,463
4,097,268
-224,382
-460,233
-744,418
2,630,555
-599,527
3,247
-83,405
2,355,332
758,541
Investing Activities
capital expenditure
-56,161
-82,988
-77,553
-53,345
-95,436
-42,934
-15,532
-903,191
Change in Investments
-34,000
-66,000
100,000
cash flow from investments
34,000
9,839
-82,988
-77,553
-53,345
-195,436
-42,934
-15,532
-903,191
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-603,333
603,333
-31,528
-997,679
1,029,207
share issue
-136,795
-88,230
-210,294
-7,685
-518,000
16,000
648,000
interest
38,840
475
752
2,846
22,234
19,208
8,814
12,823
13,362
14,129
11,065
3,841
cash flow from financing
-97,955
-87,755
-209,542
-4,839
22,234
-498,792
-594,519
616,156
13,362
-1,399
-986,614
1,681,048
cash and cash equivalents
cash
-4,022,984
4,732,761
3,797,755
-580,487
-428,160
-1,326,198
1,958,482
-36,716
-178,827
-127,738
1,353,186
1,536,398
overdraft
change in cash
-4,022,984
4,732,761
3,797,755
-580,487
-428,160
-1,326,198
1,958,482
-36,716
-178,827
-127,738
1,353,186
1,536,398
torstone technology limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for torstone technology limited. Get real-time insights into torstone technology limited's credit score, group structure and payment trends.
Perform a competitor analysis for torstone technology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC4N area or any other competitors across 12 key performance metrics.
torstone technology limited Ownership
TORSTONE TECHNOLOGY LIMITED group structure
Torstone Technology Limited has 1 subsidiary company.
The sole shareholder of Torstone Technology Limited is Fidelity National Information Services (Netherlands) B.V..
fidelity national information services (netherlands) b.v.
100%
torstone technology limited directors
Torstone Technology Limited currently has 3 directors.
The longest serving directors include
Mr Anthony Warren (Jan 2024) and
Mr Jerry Puzey (Jan 2024).
63110 - Data processing, hosting and related activities
62012 - Business and domestic software development
incorporation date
January 2011
age
14
incorporated
UK
ultimate parent company
FIDELITY NATIONAL INFORMATION SERVICES
accounts
Group
last accounts submitted
January 2023
previous names
tayvin 443 limited (July 2011)
accountant
-
auditor
HILLIER HOPKINS LLP
address
c/o f i s corporate governance, the walbrook building, london, EC4N 8AF
Bank
-
Legal Advisor
-
torstone technology 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 torstone technology limited.
torstone technology 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.
Click to start generating capital raising & share issue transactions for TORSTONE TECHNOLOGY LIMITED. This can take several minutes, an email will notify you when this has completed.
torstone technology limitedCompanies House Filings - See Documents
