next technology ltd
next technology ltd Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
173 midanbury lane, southampton, SO18 4GY
Website
https://nexttech-tt.comnext technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NEXT TECHNOLOGY LTD at £26.9k based on a Turnover of £39.9k and 0.68x industry multiple (adjusted for size and gross margin).
next technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NEXT TECHNOLOGY LTD at £0 based on an EBITDA of £-1k and a 4.12x industry multiple (adjusted for size and gross margin).
next technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NEXT TECHNOLOGY LTD at £33.9k based on Net Assets of £14.3k and 2.38x industry multiple (adjusted for liquidity).
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Next Technology Ltd Overview
Next Technology Ltd is a live company located in southampton, SO18 4GY with a Companies House number of 07755343. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2011, it's largest shareholder is fawaad moied with a 100% stake. Next Technology Ltd is a established, micro sized company, Pomanda has estimated its turnover at £39.9k with healthy growth in recent years.
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Next Technology Ltd Health Check
Pomanda's financial health check has awarded Next Technology Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £39.9k, make it smaller than the average company (£3.5m)
- Next Technology Ltd
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.8%)
- Next Technology Ltd
8.8% - Industry AVG
Production
with a gross margin of 42.6%, this company has a higher cost of product (72.3%)
- Next Technology Ltd
72.3% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (3.7%)
- Next Technology Ltd
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Next Technology Ltd
31 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has an equivalent pay structure (£66.7k)
- Next Technology Ltd
£66.7k - Industry AVG
Efficiency
resulting in sales per employee of £39.9k, this is less efficient (£113.1k)
- Next Technology Ltd
£113.1k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is earlier than average (61 days)
- Next Technology Ltd
61 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Next Technology Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Next Technology Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Next Technology Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.5%, this is a lower level of debt than the average (61.1%)
16.5% - Next Technology Ltd
61.1% - Industry AVG
NEXT TECHNOLOGY LTD financials
Next Technology Ltd's latest turnover from August 2023 is estimated at £39.9 thousand and the company has net assets of £14.3 thousand. According to their latest financial statements, Next Technology Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,985 | 5,313 | 7,084 | 9,446 | 12,595 | 674 | 899 | 1,199 | 1,599 | 2,134 | ||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 3,985 | 5,313 | 7,084 | 9,446 | 12,595 | 674 | 899 | 1,199 | 1,599 | 2,134 | ||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 5,348 | 6,665 | 5,463 | 3,957 | 1,306 | 16,482 | 16,236 | 9,661 | 12,005 | 6,137 | ||
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 12,116 | 23,873 | 35,106 | |||||||||
| misc current assets | 7,745 | 7,231 | ||||||||||
| total current assets | 13,093 | 13,896 | 5,463 | 3,957 | 1,306 | 16,482 | 16,236 | 21,777 | 35,878 | 41,243 | ||
| total assets | 17,078 | 19,209 | 12,547 | 13,403 | 13,901 | 17,156 | 17,135 | 22,976 | 37,477 | 43,377 | ||
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 35 | 10 | 113 | 113 | ||||||||
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | ||||||||||||
| total current liabilities | 35 | 10 | 113 | 113 | ||||||||
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 2,810 | 3,893 | ||||||||||
| provisions | ||||||||||||
| total long term liabilities | 2,810 | 3,893 | ||||||||||
| total liabilities | 2,810 | 3,893 | 35 | 10 | 113 | 113 | ||||||
| net assets | 14,268 | 15,316 | 12,547 | 13,368 | 13,891 | 17,156 | 17,135 | 22,976 | 37,364 | 43,264 | ||
| total shareholders funds | 14,268 | 15,316 | 12,547 | 13,368 | 13,891 | 17,156 | 17,135 | 22,976 | 37,364 | 43,264 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 400 | 535 | 712 | |||||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | -1,317 | 1,202 | 1,506 | 2,651 | -15,176 | 246 | 6,575 | -2,344 | 5,868 | 6,137 | ||
| Creditors | -35 | 25 | 10 | -113 | 113 | |||||||
| Accruals and Deferred Income | ||||||||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -1,083 | 3,893 | ||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -12,116 | -11,757 | -11,233 | 35,106 | ||||||||
| overdraft | ||||||||||||
| change in cash | -12,116 | -11,757 | -11,233 | 35,106 |
next technology ltd Credit Report and Business Information
Next Technology Ltd Competitor Analysis
Perform a competitor analysis for next technology ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SO18 area or any other competitors across 12 key performance metrics.
next technology ltd Ownership
NEXT TECHNOLOGY LTD group structure
Next Technology Ltd has no subsidiary companies.
Ultimate parent company
NEXT TECHNOLOGY LTD
07755343
next technology ltd directors
Next Technology Ltd currently has 1 director, Mr Fawaad Moied serving since Nov 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Fawaad Moied | England | 57 years | Nov 2013 | - | Director |
P&L
August 2023turnover
39.9k
-1%
operating profit
-1k
0%
gross margin
42.7%
-2.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
14.3k
-0.07%
total assets
17.1k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
next technology ltd company details
company number
07755343
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
173 midanbury lane, southampton, SO18 4GY
Bank
-
Legal Advisor
-
next technology ltd 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 next technology ltd.
next technology ltd 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 NEXT TECHNOLOGY LTD. This can take several minutes, an email will notify you when this has completed.
next technology ltd Companies House Filings - See Documents
| date | description | view/download |
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