switch 365 ltd
switch 365 ltd Company Information
Company Number
08166557
Next Accounts
Sep 2025
Shareholders
ensco 9547 limited
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
unit 18 blackpool technology man, faraday way, blackpool, FY2 0JW
Website
http://inspiredplc.co.ukswitch 365 ltd Estimated Valuation
Pomanda estimates the enterprise value of SWITCH 365 LTD at £1.2m based on a Turnover of £1.8m and 0.63x industry multiple (adjusted for size and gross margin).
switch 365 ltd Estimated Valuation
Pomanda estimates the enterprise value of SWITCH 365 LTD at £6m based on an EBITDA of £1.3m and a 4.52x industry multiple (adjusted for size and gross margin).
switch 365 ltd Estimated Valuation
Pomanda estimates the enterprise value of SWITCH 365 LTD at £22.6m based on Net Assets of £9.8m and 2.3x industry multiple (adjusted for liquidity).
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Switch 365 Ltd Overview
Switch 365 Ltd is a live company located in blackpool, FY2 0JW with a Companies House number of 08166557. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 2012, it's largest shareholder is ensco 9547 limited with a 100% stake. Switch 365 Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with unknown growth in recent years.
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Switch 365 Ltd Health Check
Pomanda's financial health check has awarded Switch 365 Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£2.9m)
- Switch 365 Ltd
£2.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Switch 365 Ltd
- - Industry AVG
Production
with a gross margin of 45%, this company has a comparable cost of product (45%)
- Switch 365 Ltd
45% - Industry AVG
Profitability
an operating margin of 67.1% make it more profitable than the average company (5.6%)
- Switch 365 Ltd
5.6% - Industry AVG
Employees
with 43 employees, this is above the industry average (23)
43 - Switch 365 Ltd
23 - Industry AVG
Pay Structure
on an average salary of £53.5k, the company has an equivalent pay structure (£53.5k)
- Switch 365 Ltd
£53.5k - Industry AVG
Efficiency
resulting in sales per employee of £43k, this is less efficient (£126.3k)
- Switch 365 Ltd
£126.3k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (56 days)
- Switch 365 Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (31 days)
- Switch 365 Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Switch 365 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 159 weeks, this is more cash available to meet short term requirements (25 weeks)
159 weeks - Switch 365 Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.1%, this is a lower level of debt than the average (53.2%)
3.1% - Switch 365 Ltd
53.2% - Industry AVG
SWITCH 365 LTD financials
Switch 365 Ltd's latest turnover from December 2023 is estimated at £1.8 million and the company has net assets of £9.8 million. According to their latest financial statements, Switch 365 Ltd has 43 employees and maintains cash reserves of £971.3 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,434,803 | -1,376,387 | 5,419,714 | 4,840,508 | 4,222,215 | 3,690,682 | 4,690,615 | 3,275,310 | 1,521,902 | ||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 1,790,767 | 3,489,107 | 3,718,978 | 3,095,013 | 2,250,321 | 2,442,725 | 2,389,658 | 363,313 | 704,036 | ||
| Gross Profit | 644,036 | -4,865,494 | 1,700,736 | 1,745,495 | 1,971,894 | 1,247,957 | 2,300,957 | 2,911,997 | 817,866 | ||
| Admin Expenses | 147,729 | -282,426 | 952,418 | 508,421 | 629,632 | 736,398 | 543,723 | 1,802,441 | 204,868 | ||
| Operating Profit | 496,307 | -4,583,068 | 748,318 | 1,237,074 | 1,342,262 | 511,559 | 1,757,234 | 1,109,556 | 612,998 | ||
| Interest Payable | 3,631 | 2,006 | |||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 496,307 | -4,586,699 | 746,312 | 1,233,525 | 1,342,262 | 511,559 | 1,757,234 | 1,109,556 | 612,998 | ||
| Tax | -58,638 | -376,095 | 303,115 | -313,092 | -138,430 | -364,697 | -226,937 | -142,522 | |||
| Profit After Tax | 496,307 | -4,645,337 | 370,217 | 1,536,640 | 1,029,170 | 373,129 | 1,392,537 | 882,619 | 470,476 | ||
| Dividends Paid | |||||||||||
| Retained Profit | 496,307 | -4,645,337 | 370,217 | 1,536,640 | 1,029,170 | 373,129 | 1,392,537 | 882,619 | 470,476 | ||
| Employee Costs | 1,642,903 | 3,263,015 | 791,756 | ||||||||
| Number Of Employees | 43 | 30 | 30 | 91 | 9 | ||||||
| EBITDA* | 675,704 | -4,451,898 | 930,482 | 1,377,004 | 1,718,273 | 937,543 | 2,108,462 | 1,267,695 | 677,708 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 39,981 | 19,986 | 7,590 | 8,206 | 47,759 | 5,225 | 6,462 | 7,776 | 9,528 | 11,464 | 9,912 |
| Intangible Assets | 553,333 | 633,333 | 720,000 | 891,581 | 888,244 | 983,532 | 224,425 | 421,851 | 442,711 | 320,815 | 97,090 |
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | 9,995 | 3,797 | |||||||||
| Total Fixed Assets | 603,309 | 657,116 | 727,590 | 899,787 | 936,003 | 988,757 | 230,887 | 429,627 | 452,239 | 332,279 | 107,002 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 26,356 | 342,054 | 175,419 | 120,507 | 331,795 | 176,499 | 91,470 | 114,310 | 229,778 | 25,982 | |
| Group Debtors | 12,120 | 20,110 | |||||||||
| Misc Debtors | 8,558,638 | 8,108,219 | 7,298,094 | 6,843,344 | 9,400,865 | 7,461,361 | 5,787,614 | 4,478,712 | 3,463,086 | 2,244,872 | 645,547 |
| Cash | 971,315 | 911,540 | 308,059 | 263,819 | 69,077 | 147,252 | 248,157 | 49,345 | 310,920 | 161,589 | 72,665 |
| misc current assets | |||||||||||
| total current assets | 9,556,309 | 9,361,813 | 7,781,572 | 7,239,790 | 9,821,847 | 7,785,112 | 6,127,241 | 4,642,367 | 4,003,784 | 2,432,443 | 718,212 |
| total assets | 10,159,618 | 10,018,929 | 8,509,162 | 8,139,577 | 10,757,850 | 8,773,869 | 6,358,128 | 5,071,994 | 4,456,023 | 2,764,722 | 825,214 |
| Bank overdraft | 48,652 | ||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 35,538 | 104,287 | 73,220 | 113,236 | 9,585 | 462,014 | 145,010 | 134,429 | 11,391 | ||
| Group/Directors Accounts | 6,910 | 55,242 | 4,863,082 | 3,443,481 | 2,597,002 | 2,191,876 | 1,821,735 | 846,702 | 165,324 | ||
| other short term finances | 750,000 | 250,000 | |||||||||
| hp & lease commitments | 943 | 6,543 | 30,637 | ||||||||
| other current liabilities | 233,155 | 1,036,857 | 212,247 | 123,951 | 557,833 | 131,029 | 579,324 | 740,617 | 731,069 | 430,396 | 177,923 |
| total current liabilities | 317,345 | 1,141,144 | 1,043,320 | 548,972 | 5,461,137 | 4,036,524 | 3,176,326 | 2,932,493 | 2,697,814 | 1,411,527 | 354,638 |
| loans | |||||||||||
| hp & lease commitments | 8,151 | ||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 134 | 182 | |||||||||
| total long term liabilities | 8,151 | 134 | 182 | ||||||||
| total liabilities | 317,345 | 1,141,144 | 1,043,320 | 548,972 | 5,469,288 | 4,036,524 | 3,176,326 | 2,932,627 | 2,697,996 | 1,411,527 | 354,638 |
| net assets | 9,842,273 | 8,877,785 | 7,465,842 | 7,590,605 | 5,288,562 | 4,737,345 | 3,181,802 | 2,139,367 | 1,758,027 | 1,353,195 | 470,576 |
| total shareholders funds | 9,842,273 | 8,877,785 | 7,465,842 | 7,590,605 | 5,288,562 | 4,737,345 | 3,181,802 | 2,139,367 | 1,758,027 | 1,353,195 | 470,576 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 496,307 | -4,583,068 | 748,318 | 1,237,074 | 1,342,262 | 511,559 | 1,757,234 | 1,109,556 | 612,998 | ||
| Depreciation | 10,674 | 9,296 | 7,816 | 33,508 | 66,643 | 1,237 | 1,314 | 1,752 | 2,263 | 2,988 | |
| Amortisation | 80,000 | 86,667 | 171,581 | 97,662 | 115,521 | 138,693 | 374,697 | 424,232 | 348,965 | 155,151 | 64,710 |
| Tax | -58,638 | -376,095 | 303,115 | -313,092 | -138,430 | -364,697 | -226,937 | -142,522 | |||
| Stock | |||||||||||
| Debtors | 140,919 | 980,557 | 497,542 | -2,776,799 | 2,114,910 | 1,758,776 | 1,286,062 | 900,158 | 1,422,010 | 1,625,307 | 645,547 |
| Creditors | -68,749 | 31,067 | -40,016 | 103,651 | -452,429 | 462,014 | -145,010 | 10,581 | 123,038 | 11,391 | |
| Accruals and Deferred Income | -803,702 | 824,610 | 88,296 | -433,882 | 426,804 | -448,295 | -161,293 | 9,548 | 300,673 | 252,473 | 177,923 |
| Deferred Taxes & Provisions | -134 | -48 | 182 | ||||||||
| Cash flow from operations | 226,442 | -2,063,968 | -1,586,148 | -64,938 | -42,308 | -236,555 | 633,191 | -209,038 | 78,953 | ||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -6,910 | -48,332 | -4,807,840 | 1,419,601 | 846,479 | 405,126 | 370,141 | 975,033 | 681,378 | 165,324 | |
| Other Short Term Loans | -750,000 | 500,000 | 250,000 | ||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | -943 | -5,600 | -32,245 | 38,788 | |||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -3,631 | -2,006 | |||||||||
| cash flow from financing | -175,002 | 2,353,664 | 1,637,383 | 865,382 | 418,391 | 378,352 | -12,672 | 681,378 | 165,424 | ||
| cash and cash equivalents | |||||||||||
| cash | 59,775 | 603,481 | 44,240 | 194,742 | -78,175 | -100,905 | 198,812 | -261,575 | 149,331 | 88,924 | 72,665 |
| overdraft | 48,652 | ||||||||||
| change in cash | 11,123 | 603,481 | 44,240 | 194,742 | -78,175 | -100,905 | 198,812 | -261,575 | 149,331 | 88,924 | 72,665 |
switch 365 ltd Credit Report and Business Information
Switch 365 Ltd Competitor Analysis
Perform a competitor analysis for switch 365 ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in FY2 area or any other competitors across 12 key performance metrics.
switch 365 ltd Ownership
SWITCH 365 LTD group structure
Switch 365 Ltd has no subsidiary companies.
switch 365 ltd directors
Switch 365 Ltd currently has 2 directors. The longest serving directors include Mr Andrew Nuttall (Feb 2018) and Mr Matthew Thornton (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Nuttall | England | 44 years | Feb 2018 | - | Director |
| Mr Matthew Thornton | England | 51 years | Mar 2022 | - | Director |
P&L
December 2023turnover
1.8m
-22%
operating profit
1.2m
0%
gross margin
45%
+4.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.8m
+0.11%
total assets
10.2m
+0.01%
cash
971.3k
+0.07%
net assets
Total assets minus all liabilities
switch 365 ltd company details
company number
08166557
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
August 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
energisave online limited (August 2023)
accountant
TREE ACCOUNTANCY LIMITED
auditor
-
address
unit 18 blackpool technology man, faraday way, blackpool, FY2 0JW
Bank
-
Legal Advisor
-
switch 365 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 found 4 charges/mortgages relating to switch 365 ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
switch 365 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 SWITCH 365 LTD. This can take several minutes, an email will notify you when this has completed.
switch 365 ltd Companies House Filings - See Documents
| date | description | view/download |
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