bigchange group limited
bigchange group limited Company Information
Company Number
07738776
Next Accounts
Sep 2025
Shareholders
bigchange bidco limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
3175 century way, thorpe park, leeds, LS15 8ZB
Website
www.bigchange.combigchange group limited Estimated Valuation
Pomanda estimates the enterprise value of BIGCHANGE GROUP LIMITED at £32.5m based on a Turnover of £22.7m and 1.43x industry multiple (adjusted for size and gross margin).
bigchange group limited Estimated Valuation
Pomanda estimates the enterprise value of BIGCHANGE GROUP LIMITED at £0 based on an EBITDA of £-9.3m and a 9.75x industry multiple (adjusted for size and gross margin).
bigchange group limited Estimated Valuation
Pomanda estimates the enterprise value of BIGCHANGE GROUP LIMITED at £0 based on Net Assets of £-18.2m and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bigchange Group Limited Overview
Bigchange Group Limited is a live company located in leeds, LS15 8ZB with a Companies House number of 07738776. It operates in the other information technology service activities sector, SIC Code 62090. Founded in August 2011, it's largest shareholder is bigchange bidco limited with a 100% stake. Bigchange Group Limited is a established, large sized company, Pomanda has estimated its turnover at £22.7m with healthy growth in recent years.
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Bigchange Group Limited Health Check
Pomanda's financial health check has awarded Bigchange Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £22.7m, make it larger than the average company (£7.4m)
£22.7m - Bigchange Group Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (8%)
10% - Bigchange Group Limited
8% - Industry AVG
Production
with a gross margin of 77.6%, this company has a lower cost of product (51.7%)
77.6% - Bigchange Group Limited
51.7% - Industry AVG
Profitability
an operating margin of -41.7% make it less profitable than the average company (3.5%)
-41.7% - Bigchange Group Limited
3.5% - Industry AVG
Employees
with 233 employees, this is above the industry average (43)
233 - Bigchange Group Limited
43 - Industry AVG
Pay Structure
on an average salary of £76.7k, the company has an equivalent pay structure (£74.4k)
£76.7k - Bigchange Group Limited
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £97.5k, this is less efficient (£178.1k)
£97.5k - Bigchange Group Limited
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (52 days)
77 days - Bigchange Group Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 146 days, this is slower than average (33 days)
146 days - Bigchange Group Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is more than average (16 days)
30 days - Bigchange Group Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (14 weeks)
67 weeks - Bigchange Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 194.2%, this is a higher level of debt than the average (64.7%)
194.2% - Bigchange Group Limited
64.7% - Industry AVG
BIGCHANGE GROUP LIMITED financials
Bigchange Group Limited's latest turnover from December 2023 is £22.7 million and the company has net assets of -£18.2 million. According to their latest financial statements, Bigchange Group Limited has 233 employees and maintains cash reserves of £10.6 million 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,713,363 | 15,450,429 | 9,585,031 | 17,165,818 | 15,099,722 | 706,862 | 1,097,069 | 1,115,207 | ||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 5,081,022 | 3,878,293 | 3,583,178 | 4,385,288 | 3,978,402 | 524,779 | 898,237 | 922,179 | ||||
| Gross Profit | 17,632,341 | 11,572,136 | 6,001,853 | 12,780,530 | 11,121,320 | 182,083 | 198,832 | 193,028 | ||||
| Admin Expenses | 27,095,382 | 25,188,673 | 20,208,155 | 13,563,202 | 11,955,730 | 175,658 | 195,686 | 325,016 | ||||
| Operating Profit | -9,463,041 | -13,616,537 | -14,206,302 | -782,672 | -834,410 | 6,425 | 3,146 | -131,988 | ||||
| Interest Payable | 2,856,548 | 1,974,534 | 67,869 | 21,543 | 18,421 | 6,425 | 3,146 | 4,017 | ||||
| Interest Receivable | 294 | 577 | ||||||||||
| Pre-Tax Profit | -12,319,295 | -15,591,071 | -14,273,594 | -804,215 | -852,831 | 220,000 | -136,005 | |||||
| Tax | 2,479,013 | 688,147 | 2,783 | 6,811 | 160 | 221 | 23,324 | |||||
| Profit After Tax | -9,840,282 | -15,591,071 | -13,585,447 | -801,432 | -846,020 | 220,160 | 221 | -112,681 | ||||
| Dividends Paid | 433,187 | 209,949 | 489,985 | |||||||||
| Retained Profit | -9,840,282 | -15,591,071 | -14,018,634 | -801,432 | -1,055,969 | -269,825 | 221 | -112,681 | ||||
| Employee Costs | 17,860,609 | 17,800,015 | 13,145,658 | 10,035,650 | 8,136,932 | |||||||
| Number Of Employees | 233 | 222 | 175 | 137 | 114 | |||||||
| EBITDA* | -9,278,671 | -13,427,215 | -13,870,589 | -584,999 | -512,640 | 6,954 | 4,447 | -2,268 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 531,969 | 231,792 | 356,119 | 252,842 | 346,775 | 1,226 | 2,242 | 5,259 | 5,761 | 7,088 | 6,505 | |
| Intangible Assets | 48 | 219 | 368 | 146,000 | 194,000 | 127,433 | 172,843 | 218,263 | 155,020 | |||
| Investments & Other | 1,001 | 1,000 | 1,000 | 1,000 | 1,000 | |||||||
| Debtors (Due After 1 year) | 102,400 | 102,400 | ||||||||||
| Total Fixed Assets | 634,417 | 334,411 | 356,487 | 398,842 | 540,775 | 1,001 | 2,226 | 3,242 | 132,692 | 179,604 | 226,351 | 161,525 |
| Stock & work in progress | 425,069 | 331,637 | 426,512 | 466,294 | 312,015 | 124,753 | 259,491 | 105,664 | 54,267 | |||
| Trade Debtors | 4,829,243 | 3,103,303 | 1,544,948 | 1,585,687 | 2,291,851 | 891,305 | 651,706 | 19,247 | 10,762 | |||
| Group Debtors | 68,916 | 38,106 | 30,048 | 174,518 | 784,667 | 1,096,304 | ||||||
| Misc Debtors | 2,747,252 | 1,465,754 | 1,213,376 | 427,666 | 707,686 | 27,536 | 35,149 | 51,223 | ||||
| Cash | 10,585,413 | 18,347,835 | 31,212,565 | 2,309,538 | 1,080,457 | 8,246 | 2,497 | 1,640 | 9,447 | |||
| misc current assets | ||||||||||||
| total current assets | 18,655,893 | 23,286,635 | 34,427,449 | 4,789,185 | 4,392,009 | 210,300 | 822,313 | 1,149,167 | 1,016,058 | 911,197 | 124,911 | 74,476 |
| total assets | 19,290,310 | 23,621,046 | 34,783,936 | 5,188,027 | 4,932,784 | 211,301 | 824,539 | 1,152,409 | 1,148,750 | 1,090,801 | 351,262 | 236,001 |
| Bank overdraft | 23,502 | |||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 2,032,426 | 1,586,620 | 610,183 | 1,089,014 | 1,428,254 | 45,597 | 124,145 | 168,810 | 679,545 | 634,595 | 116,398 | 135,089 |
| Group/Directors Accounts | 202,723 | 202,723 | 156,033 | 186,009 | 188,312 | |||||||
| other short term finances | 26,337 | 37,967 | 41,992 | 44,972 | ||||||||
| hp & lease commitments | 62,963 | 21,293 | ||||||||||
| other current liabilities | 5,923,378 | 4,519,739 | 4,046,581 | 5,201,007 | 3,799,114 | 2,604 | 101,930 | 385,770 | ||||
| total current liabilities | 8,184,864 | 6,410,012 | 4,876,082 | 6,334,993 | 5,227,368 | 48,201 | 412,084 | 766,394 | 679,545 | 634,595 | 116,398 | 135,089 |
| loans | 29,225,588 | 26,467,807 | 24,360,000 | 172,652 | ||||||||
| hp & lease commitments | 65,498 | |||||||||||
| Accruals and Deferred Income | 52,450 | 52,213 | 47,642 | 39,900 | ||||||||
| other liabilities | 22,223 | |||||||||||
| provisions | 51,000 | 160 | 381 | 23,705 | ||||||||
| total long term liabilities | 29,278,038 | 26,520,020 | 24,473,140 | 51,000 | 160 | 381 | 23,705 | 62,123 | 172,652 | |||
| total liabilities | 37,462,902 | 32,930,032 | 29,349,222 | 6,334,993 | 5,278,368 | 48,201 | 412,244 | 766,775 | 703,250 | 634,595 | 178,521 | 307,741 |
| net assets | -18,172,592 | -9,308,986 | 5,434,714 | -1,146,966 | -345,584 | 163,100 | 412,295 | 385,634 | 445,500 | 456,206 | 172,741 | -71,740 |
| total shareholders funds | -18,172,592 | -9,308,986 | 5,434,714 | -1,146,966 | -345,584 | 163,100 | 412,295 | 385,634 | 445,500 | 456,206 | 172,741 | -71,740 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -9,463,041 | -13,616,537 | -14,206,302 | -782,672 | -834,410 | 6,425 | 3,146 | -131,988 | ||||
| Depreciation | 184,204 | 189,146 | 189,598 | 149,673 | 115,770 | 529 | 1,301 | 2,287 | 3,324 | 2,864 | 2,303 | 1,234 |
| Amortisation | 166 | 176 | 146,115 | 48,000 | 206,000 | 127,433 | 45,410 | 45,420 | 39,097 | 15,190 | ||
| Tax | 2,479,013 | 688,147 | 2,783 | 6,811 | 160 | 221 | 23,324 | |||||
| Stock | 93,432 | -94,875 | -39,782 | 154,279 | 312,015 | -124,753 | -134,738 | 153,827 | 51,397 | 54,267 | ||
| Debtors | 3,038,248 | 1,921,191 | 775,019 | -986,184 | 2,797,483 | -617,762 | -327,711 | 256,222 | 239,599 | 632,459 | 8,485 | 10,762 |
| Creditors | 445,806 | 976,437 | -478,831 | -339,240 | 1,382,657 | -78,548 | -44,665 | -510,735 | 44,950 | 518,197 | -18,691 | 135,089 |
| Accruals and Deferred Income | 1,403,876 | 477,729 | -1,106,784 | 1,401,893 | 3,796,510 | -99,326 | -283,840 | 385,770 | -39,900 | 39,900 | ||
| Deferred Taxes & Provisions | -51,000 | 51,000 | -160 | -221 | -23,324 | 23,705 | ||||||
| Cash flow from operations | -8,081,656 | -13,799,365 | -15,503,294 | 1,261,342 | 1,614,840 | 446,842 | 3,653 | -258,702 | ||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -1,001 | 1 | 1,000 | -1,000 | 1,000 | |||||||
| cash flow from investments | 1,001 | -1 | -1,000 | |||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | 46,690 | 156,033 | -186,009 | -2,303 | 188,312 | |||||||
| Other Short Term Loans | -11,630 | -4,025 | -2,980 | 44,972 | ||||||||
| Long term loans | 2,757,781 | 2,107,807 | 24,360,000 | -172,652 | 172,652 | |||||||
| Hire Purchase and Lease Commitments | -62,963 | -23,828 | 86,791 | |||||||||
| other long term liabilities | -22,223 | 22,223 | ||||||||||
| share issue | ||||||||||||
| interest | -2,856,254 | -1,974,534 | -67,292 | -21,543 | -18,421 | -6,425 | -3,146 | -4,017 | ||||
| cash flow from financing | 803,610 | 999,481 | 45,132,866 | 23,479 | 528,864 | -171,804 | 20,991 | 237,110 | ||||
| cash and cash equivalents | ||||||||||||
| cash | -7,762,422 | -12,864,730 | 28,903,027 | 1,229,081 | 1,072,211 | 5,749 | 857 | 1,640 | -9,447 | 9,447 | ||
| overdraft | -23,502 | 23,502 | ||||||||||
| change in cash | -7,762,422 | -12,864,730 | 28,903,027 | 1,229,081 | 1,072,211 | 5,749 | 24,359 | -21,862 | -9,447 | 9,447 |
bigchange group limited Credit Report and Business Information
Bigchange Group Limited Competitor Analysis
Perform a competitor analysis for bigchange group limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in LS15 area or any other competitors across 12 key performance metrics.
bigchange group limited Ownership
BIGCHANGE GROUP LIMITED group structure
Bigchange Group Limited has 1 subsidiary company.
Ultimate parent company
2 parents
BIGCHANGE GROUP LIMITED
07738776
1 subsidiary
bigchange group limited directors
Bigchange Group Limited currently has 2 directors. The longest serving directors include Mr Gary Specter (Oct 2024) and Mr Jonathan Eastgate (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Specter | United Kingdom | 60 years | Oct 2024 | - | Director |
| Mr Jonathan Eastgate | United Kingdom | 49 years | Oct 2024 | - | Director |
P&L
December 2023turnover
22.7m
+47%
operating profit
-9.5m
-31%
gross margin
77.7%
+3.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-18.2m
+0.95%
total assets
19.3m
-0.18%
cash
10.6m
-0.42%
net assets
Total assets minus all liabilities
Similar Companies
bigchange group limited company details
company number
07738776
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
bigchange mobile limited (September 2018)
accountant
-
auditor
AZETS AUDIT SERVICES LIMITED
address
3175 century way, thorpe park, leeds, LS15 8ZB
Bank
-
Legal Advisor
-
bigchange group 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 6 charges/mortgages relating to bigchange group limited. Currently there are 4 open charges and 2 have been satisfied in the past.
bigchange group 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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bigchange group limited Companies House Filings - See Documents
| date | description | view/download |
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