findicate limited Company Information
Company Number
07868666
Next Accounts
Sep 2025
Industry
Business and domestic software development
Shareholders
orfort b.v.
balazs boros
View AllGroup Structure
View All
Contact
Registered Address
4 queen street, bath, BA1 1HE
Website
-findicate limited Estimated Valuation
Pomanda estimates the enterprise value of FINDICATE LIMITED at £3.8m based on a Turnover of £4.9m and 0.78x industry multiple (adjusted for size and gross margin).
findicate limited Estimated Valuation
Pomanda estimates the enterprise value of FINDICATE LIMITED at £8.5m based on an EBITDA of £1.8m and a 4.68x industry multiple (adjusted for size and gross margin).
findicate limited Estimated Valuation
Pomanda estimates the enterprise value of FINDICATE LIMITED at £6.1m based on Net Assets of £2.6m and 2.37x industry multiple (adjusted for liquidity).
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Findicate Limited Overview
Findicate Limited is a live company located in bath, BA1 1HE with a Companies House number of 07868666. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2011, it's largest shareholder is orfort b.v. with a 61.1% stake. Findicate Limited is a established, small sized company, Pomanda has estimated its turnover at £4.9m with rapid growth in recent years.
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Findicate Limited Health Check
Pomanda's financial health check has awarded Findicate Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £4.9m, make it in line with the average company (£4.5m)
- Findicate Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (10.2%)
- Findicate Limited
10.2% - Industry AVG
Production
with a gross margin of 41.9%, this company has a higher cost of product (72.1%)
- Findicate Limited
72.1% - Industry AVG
Profitability
an operating margin of 37.1% make it more profitable than the average company (3.5%)
- Findicate Limited
3.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (41)
2 - Findicate Limited
41 - Industry AVG
Pay Structure
on an average salary of £71.9k, the company has an equivalent pay structure (£71.9k)
- Findicate Limited
£71.9k - Industry AVG
Efficiency
resulting in sales per employee of £2.4m, this is more efficient (£122.8k)
- Findicate Limited
£122.8k - Industry AVG
Debtor Days
it gets paid by customers after 190 days, this is later than average (57 days)
- Findicate Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (41 days)
- Findicate Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Findicate Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Findicate Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (62.1%)
0.8% - Findicate Limited
62.1% - Industry AVG
FINDICATE LIMITED financials
Findicate Limited's latest turnover from December 2023 is estimated at £4.9 million and the company has net assets of £2.6 million. According to their latest financial statements, Findicate Limited has 2 employees and maintains cash reserves of 0 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 | ||||||||||||
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 | 2 | 2 | 4 | 4 | 5 | 1 | ||||||
EBITDA* |
* 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 | 37,423 | 34,187 | 24,755 | 18,287 | 21,000 | 13,656 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 37,423 | 34,187 | 24,755 | 18,287 | 21,000 | 13,656 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 2,553,060 | 1,198,730 | 1,305,745 | 444,092 | 832,940 | 1,220,425 | 14,625 | 24,169 | 333 | 492 | 332 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,039 | 27,290 | 28,261 | 43,450 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,553,060 | 1,198,730 | 1,305,745 | 444,092 | 832,940 | 1,220,425 | 14,625 | 24,169 | 26,372 | 27,782 | 28,593 | 43,450 |
total assets | 2,590,483 | 1,232,917 | 1,330,500 | 462,379 | 853,940 | 1,234,081 | 14,625 | 24,169 | 26,372 | 27,782 | 28,593 | 43,450 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 20,833 | 22,753 | 10,158 | 9,568 | 12,796 | 3,293 | 770 | 770 | 900 | 913 | 900 | 15,030 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 20,833 | 22,753 | 10,158 | 9,568 | 12,796 | 3,293 | 770 | 770 | 900 | 913 | 900 | 15,030 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 20,833 | 22,753 | 10,158 | 9,568 | 12,796 | 3,293 | 770 | 770 | 900 | 913 | 900 | 15,030 |
net assets | 2,569,650 | 1,210,164 | 1,320,342 | 452,811 | 841,144 | 1,230,788 | 13,855 | 23,399 | 25,472 | 26,869 | 27,693 | 28,420 |
total shareholders funds | 2,569,650 | 1,210,164 | 1,320,342 | 452,811 | 841,144 | 1,230,788 | 13,855 | 23,399 | 25,472 | 26,869 | 27,693 | 28,420 |
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 | ||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Tax | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 1,354,330 | -107,015 | 861,653 | -388,848 | -387,485 | 1,205,800 | -9,544 | 23,836 | -159 | 160 | 332 | 0 |
Creditors | -1,920 | 12,595 | 590 | -3,228 | 9,503 | 2,523 | 0 | -130 | -13 | 13 | -14,130 | 15,030 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -26,039 | -1,251 | -971 | -15,189 | 43,450 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -26,039 | -1,251 | -971 | -15,189 | 43,450 |
findicate limited Credit Report and Business Information
Findicate Limited Competitor Analysis
Perform a competitor analysis for findicate limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BA1 area or any other competitors across 12 key performance metrics.
findicate limited Ownership
FINDICATE LIMITED group structure
Findicate Limited has no subsidiary companies.
Ultimate parent company
FINDICATE LIMITED
07868666
findicate limited directors
Findicate Limited currently has 2 directors. The longest serving directors include Mr Balazs Boros (Dec 2011) and Mr Grant Fuller (Dec 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Balazs Boros | United Kingdom | 45 years | Dec 2011 | - | Director |
Mr Grant Fuller | Wales | 52 years | Dec 2011 | - | Director |
P&L
December 2023turnover
4.9m
+119%
operating profit
1.8m
0%
gross margin
41.9%
-1.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.6m
+1.12%
total assets
2.6m
+1.1%
cash
0
0%
net assets
Total assets minus all liabilities
findicate limited company details
company number
07868666
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
December 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
4 queen street, bath, BA1 1HE
Bank
-
Legal Advisor
-
findicate 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 findicate limited.
findicate 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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findicate limited Companies House Filings - See Documents
date | description | view/download |
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