clarus financial technology ltdEstimated Valuation
£3.4m
Pomanda estimates the enterprise value of CLARUS FINANCIAL TECHNOLOGY LTD at £3.4m based on a Turnover of £3.4m and 1.01x industry multiple (adjusted for size and gross margin).
clarus financial technology ltdEstimated Valuation
£15.6m
Pomanda estimates the enterprise value of CLARUS FINANCIAL TECHNOLOGY LTD at £15.6m based on an EBITDA of £2.6m and a 5.99x industry multiple (adjusted for size and gross margin).
clarus financial technology ltdEstimated Valuation
£9.8m
Pomanda estimates the enterprise value of CLARUS FINANCIAL TECHNOLOGY LTD at £9.8m based on Net Assets of £4.1m and 2.36x industry multiple (adjusted for liquidity).
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Clarus Financial Technology LtdOverview
Clarus Financial Technology Ltd is a live company located in london, EC4R 1BE with a Companies House number of 07979557. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2012, it's largest shareholder is
fidessa group holdings limited
with a 100% stake. Clarus Financial Technology Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£3.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Clarus Financial Technology Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
3 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£4.6m)
£3.4m - Clarus Financial Technology Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (10.3%)
33% - Clarus Financial Technology Ltd
10.3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (71.7%)
100% - Clarus Financial Technology Ltd
71.7% - Industry AVG
Profitability
an operating margin of 66.4% make it more profitable than the average company (3.4%)
66.4% - Clarus Financial Technology Ltd
3.4% - Industry AVG
Employees
with 28 employees, this is below the industry average (42)
28 - Clarus Financial Technology Ltd
42 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Clarus Financial Technology Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £120.9k, this is equally as efficient (£122.9k)
£120.9k - Clarus Financial Technology Ltd
£122.9k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (58 days)
59 days - Clarus Financial Technology Ltd
58 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Clarus Financial Technology Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Clarus Financial Technology Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is less cash available to meet short term requirements (17 weeks)
9 weeks - Clarus Financial Technology Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.3%, this is a lower level of debt than the average (63.2%)
34.3% - Clarus Financial Technology Ltd
63.2% - Industry AVG
CLARUS FINANCIAL TECHNOLOGY LTD financials
EXPORT
Clarus Financial Technology Ltd's latest turnover from December 2023 is £3.4 million and the company has net assets of £4.1 million. According to their latest financial statements, we estimate that Clarus Financial Technology Ltd has 28 employees and maintains cash reserves of £380.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Sep 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Turnover
3,384,567
3,709,646
1,201,968
1,182,291
1,443,468
1,194,628
1,529,168
946,794
845,346
528,197
239,820
Other Income Or Grants
Cost Of Sales
321,975
327,069
375,043
306,467
405,804
240,532
202,970
129,179
56,739
Gross Profit
3,384,567
3,709,646
879,993
855,223
1,068,425
888,162
1,123,364
706,262
642,376
399,019
183,081
Admin Expenses
1,135,789
1,151,045
-793,571
-256,573
110,969
111,626
-307,517
820,129
566,970
383,738
153,692
126,714
Operating Profit
2,248,778
2,558,601
1,673,564
1,111,796
957,456
776,536
307,517
303,235
139,292
258,638
245,327
56,367
Interest Payable
Interest Receivable
223,828
70,315
4,228
3,903
2,843
14,514
6,501
2,351
3,287
1,898
643
92
Pre-Tax Profit
2,630,165
2,716,649
1,677,793
1,115,699
960,299
791,049
314,019
305,586
142,579
260,535
245,970
56,459
Tax
68,138
-41,095
-318,781
-211,983
-182,457
-150,299
-59,664
-61,117
-28,516
-54,712
-56,573
-13,550
Profit After Tax
2,698,303
2,675,554
1,359,012
903,716
777,842
640,750
254,355
244,469
114,063
205,823
189,397
42,909
Dividends Paid
4,957,653
Retained Profit
2,698,303
-2,282,099
1,359,012
903,716
777,842
640,750
254,355
244,469
114,063
205,823
189,397
42,909
Employee Costs
245,246
706,040
677,132
800,556
664,468
854,439
539,861
428,142
269,401
156,776
Number Of Employees
28
5
12
12
14
11
15
10
8
5
3
EBITDA*
2,601,633
2,733,944
1,673,564
1,111,796
957,456
776,536
307,517
303,235
139,292
258,638
245,327
56,367
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Sep 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Tangible Assets
Intangible Assets
517,830
350,686
Investments & Other
8
64
64
Debtors (Due After 1 year)
58,842
49,311
Total Fixed Assets
576,680
400,061
64
Stock & work in progress
Trade Debtors
551,532
154,813
282,604
165,296
153,241
93,193
43,188
Group Debtors
4,699,112
2,605,928
195,974
237,713
46,034
Misc Debtors
104,965
23,353
129,454
229,508
241,051
Cash
380,284
220,881
5,145,858
4,494,020
3,311,100
2,374,636
1,495,706
1,104,837
775,949
538,663
220,380
36,714
misc current assets
total current assets
5,735,893
3,004,975
5,275,312
4,723,528
3,507,074
2,612,349
1,782,791
1,387,441
941,245
691,904
313,573
79,902
total assets
6,312,573
3,405,036
5,275,312
4,723,528
3,507,074
2,612,349
1,782,855
1,387,441
941,245
691,904
313,573
79,902
Bank overdraft
Bank loan
Trade Creditors
80,126
60,158
560,780
359,053
223,775
51,267
6,993
Group/Directors Accounts
322,409
205,502
other short term finances
hp & lease commitments
other current liabilities
1,743,196
1,674,013
1,384,692
1,288,204
975,466
880,585
701,839
total current liabilities
2,145,731
1,939,673
1,384,692
1,288,204
975,466
880,585
701,839
560,780
359,053
223,775
51,267
6,993
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
19,615
16,438
provisions
total long term liabilities
19,615
16,438
total liabilities
2,165,346
1,956,111
1,384,692
1,288,204
975,466
880,585
701,839
560,780
359,053
223,775
51,267
6,993
net assets
4,147,227
1,448,925
3,890,620
3,435,324
2,531,608
1,731,764
1,081,016
826,661
582,192
468,129
262,306
72,909
total shareholders funds
4,147,227
1,448,925
3,890,620
3,435,324
2,531,608
1,731,764
1,081,016
826,661
582,192
468,129
262,306
72,909
Dec 2023
Dec 2022
Sep 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Operating Activities
Operating Profit
2,248,778
2,558,601
1,673,564
1,111,796
957,456
776,536
307,517
303,235
139,292
258,638
245,327
56,367
Depreciation
Amortisation
352,855
175,343
Tax
68,138
-41,095
-318,781
-211,983
-182,457
-150,299
-59,664
-61,117
-28,516
-54,712
-56,573
-13,550
Stock
Debtors
2,581,046
2,703,951
-66,520
33,534
-41,739
-49,372
4,481
117,308
12,055
60,048
50,005
43,188
Creditors
19,968
60,158
-560,780
201,727
135,278
172,508
44,274
6,993
Accruals and Deferred Income
69,183
289,321
409,226
312,738
94,881
178,746
701,839
Deferred Taxes & Provisions
Cash flow from operations
177,876
338,377
1,830,529
1,179,017
911,619
854,355
384,431
326,537
233,999
316,386
183,023
6,622
Investing Activities
capital expenditure
-519,999
-526,029
Change in Investments
-56
64
-64
64
cash flow from investments
-519,943
-526,093
64
-64
Financing Activities
Bank loans
Group/Directors Accounts
116,907
205,502
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
3,177
16,438
share issue
-1
-159,596
22,002
9,998
30,000
interest
223,828
70,315
4,228
3,903
2,843
14,514
6,501
2,351
3,287
1,898
643
92
cash flow from financing
343,911
132,659
4,228
3,903
24,845
24,512
6,501
2,351
3,287
1,898
643
30,092
cash and cash equivalents
cash
159,403
-4,924,977
1,834,758
1,182,920
936,464
878,930
390,869
328,888
237,286
318,283
183,666
36,714
overdraft
change in cash
159,403
-4,924,977
1,834,758
1,182,920
936,464
878,930
390,869
328,888
237,286
318,283
183,666
36,714
clarus financial technology ltd 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 clarus financial technology ltd. Get real-time insights into clarus financial technology ltd's credit score, group structure and payment trends.
Clarus Financial Technology Ltd Competitor Analysis
Perform a competitor analysis for clarus financial technology ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC4R area or any other competitors across 12 key performance metrics.
clarus financial technology ltd Ownership
CLARUS FINANCIAL TECHNOLOGY LTD group structure
Clarus Financial Technology Ltd has no subsidiary companies.
The sole shareholder of Clarus Financial Technology Ltd is Fidessa Group Holdings Limited.
fidessa group holdings limited
100%
clarus financial technology ltd directors
Clarus Financial Technology Ltd currently has 3 directors.
The longest serving directors include
Mr Conor Clinch (Sep 2021) and
Mr Colm Casey (Jun 2023).
62012 - Business and domestic software development
incorporation date
March 2012
age
13
incorporated
UK
ultimate parent company
BESSEL CAPITAL SARL
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES IRELAND LIMITED
address
c/o ion, 10 queen street place, london, EC4R 1BE
Bank
HSBC UK BANK PLC
Legal Advisor
-
clarus financial 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 clarus financial technology ltd.
clarus financial 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.
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clarus financial technology ltdCompanies House Filings - See Documents
