falanx cyber defence limited
falanx cyber defence limited Company Information
Company Number
08224292
Next Accounts
94 days late
Shareholders
thetis bidco limited
Group Structure
View All
Industry
Security systems service activities
Registered Address
second floor, one central boulev, central boulevard, blythe valley, solihull, B90 8BG
Website
www.falanx.comfalanx cyber defence limited Estimated Valuation
Pomanda estimates the enterprise value of FALANX CYBER DEFENCE LIMITED at £2m based on a Turnover of £3.8m and 0.53x industry multiple (adjusted for size and gross margin).
falanx cyber defence limited Estimated Valuation
Pomanda estimates the enterprise value of FALANX CYBER DEFENCE LIMITED at £0 based on an EBITDA of £-567.6k and a 4.41x industry multiple (adjusted for size and gross margin).
falanx cyber defence limited Estimated Valuation
Pomanda estimates the enterprise value of FALANX CYBER DEFENCE LIMITED at £0 based on Net Assets of £-2.2m and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Falanx Cyber Defence Limited Overview
Falanx Cyber Defence Limited is a live company located in solihull, B90 8BG with a Companies House number of 08224292. It operates in the security systems service activities sector, SIC Code 80200. Founded in September 2012, it's largest shareholder is thetis bidco limited with a 100% stake. Falanx Cyber Defence Limited is a established, small sized company, Pomanda has estimated its turnover at £3.8m with low growth in recent years.
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Falanx Cyber Defence Limited Health Check
Pomanda's financial health check has awarded Falanx Cyber Defence Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £3.8m, make it larger than the average company (£1.6m)
£3.8m - Falanx Cyber Defence Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.5%)
1% - Falanx Cyber Defence Limited
4.5% - Industry AVG
Production
with a gross margin of 36%, this company has a comparable cost of product (36.7%)
36% - Falanx Cyber Defence Limited
36.7% - Industry AVG
Profitability
an operating margin of -22.3% make it less profitable than the average company (6.5%)
-22.3% - Falanx Cyber Defence Limited
6.5% - Industry AVG
Employees
with 46 employees, this is above the industry average (22)
46 - Falanx Cyber Defence Limited
22 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)
- Falanx Cyber Defence Limited
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £82.4k, this is equally as efficient (£96.5k)
£82.4k - Falanx Cyber Defence Limited
£96.5k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is earlier than average (64 days)
47 days - Falanx Cyber Defence Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (43 days)
33 days - Falanx Cyber Defence Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Falanx Cyber Defence Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Falanx Cyber Defence Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 154.2%, this is a higher level of debt than the average (63.2%)
154.2% - Falanx Cyber Defence Limited
63.2% - Industry AVG
FALANX CYBER DEFENCE LIMITED financials
Falanx Cyber Defence Limited's latest turnover from March 2023 is £3.8 million and the company has net assets of -£2.2 million. According to their latest financial statements, Falanx Cyber Defence Limited has 46 employees and maintains cash reserves of £166.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,790,373 | 3,478,733 | 3,119,724 | 3,708,707 | 1,316,216 | 792,840 | 896,517 | 347,773 | ||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 2,427,465 | 2,099,731 | 2,102,787 | 2,300,479 | 459,800 | 108,915 | 248,641 | 54,029 | ||
| Gross Profit | 1,362,908 | 1,379,002 | 1,016,937 | 1,408,228 | 856,416 | 683,925 | 647,876 | 293,744 | ||
| Admin Expenses | 2,208,070 | 1,892,488 | 1,743,641 | 2,263,886 | 440,447 | 343,856 | 215,767 | 70,605 | ||
| Operating Profit | -845,162 | -513,486 | -726,704 | -855,658 | 415,969 | 340,069 | 432,109 | 223,139 | ||
| Interest Payable | 326,381 | 174,882 | 1,346 | 782 | 704 | 1,495 | ||||
| Interest Receivable | 17 | 20 | 19 | |||||||
| Pre-Tax Profit | -1,171,543 | -688,368 | -728,050 | -856,423 | 415,989 | 340,088 | 431,405 | 221,644 | ||
| Tax | 8,479 | 18,798 | -28,628 | -44,533 | ||||||
| Profit After Tax | -1,171,543 | -679,889 | -728,050 | -856,423 | 415,989 | 358,886 | 402,777 | 177,111 | ||
| Dividends Paid | 76,900 | 141,100 | ||||||||
| Retained Profit | -1,171,543 | -679,889 | -728,050 | -856,423 | 415,989 | 358,886 | 325,877 | 36,011 | ||
| Employee Costs | 13,221 | 19,850 | 15,360 | |||||||
| Number Of Employees | 46 | 42 | 45 | 44 | 5 | 2 | 2 | 2 | ||
| EBITDA* | -567,593 | -231,169 | -438,432 | -559,681 | 439,966 | 363,291 | 441,995 | 225,502 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 49,617 | 31,817 | 51,575 | 58,626 | 53,336 | 51,734 | 44,626 | 6,818 | 7,249 | 4,878 |
| Intangible Assets | 2,470,940 | 2,718,101 | 2,968,315 | 3,218,529 | 7,334 | 152,967 | ||||
| Investments & Other | 20,832 | 2,767 | ||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 2,520,557 | 2,749,918 | 3,019,890 | 3,277,155 | 60,670 | 51,734 | 197,593 | 6,818 | 7,249 | 4,878 |
| Stock & work in progress | 3,828 | 4,382 | ||||||||
| Trade Debtors | 494,296 | 517,848 | 497,488 | 663,520 | 487,953 | 163,485 | 202,483 | 30,132 | 17,938 | 920 |
| Group Debtors | 143,146 | 143,146 | 143,146 | 6,949,435 | 1,396,833 | 872,852 | 136,254 | |||
| Misc Debtors | 757,549 | 180,991 | 176,791 | 130,822 | 252,174 | 59,100 | 35,591 | 17,440 | ||
| Cash | 166,596 | 267,955 | 108,987 | 85,937 | 41,818 | 45,489 | 163,580 | 61,876 | 23,886 | 40,256 |
| misc current assets | 85,052 | |||||||||
| total current assets | 1,561,587 | 1,109,940 | 926,412 | 7,829,714 | 2,267,658 | 1,145,308 | 537,908 | 109,448 | 41,824 | 41,176 |
| total assets | 4,082,144 | 3,859,858 | 3,946,302 | 11,106,869 | 2,328,328 | 1,197,042 | 735,501 | 116,266 | 49,073 | 46,054 |
| Bank overdraft | ||||||||||
| Bank loan | 9,960 | 9,715 | 7,871 | |||||||
| Trade Creditors | 221,817 | 281,746 | 192,733 | 203,815 | 318,363 | 62,573 | 86,817 | 222 | 39,208 | 37,227 |
| Group/Directors Accounts | 9,835,740 | |||||||||
| other short term finances | 556,002 | 255,987 | ||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 3,934,201 | 2,256,669 | 4,066,330 | 710,137 | 841,637 | 395,351 | 276,931 | 70,168 | ||
| total current liabilities | 4,721,980 | 2,804,117 | 4,266,934 | 10,749,692 | 1,160,000 | 457,924 | 363,748 | 70,390 | 39,208 | 37,227 |
| loans | 3,141,410 | 4,189,478 | 84,258 | |||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | 16,958 | 16,958 | 16,958 | 16,958 | ||||||
| total long term liabilities | 1,570,705 | 2,094,739 | 50,608 | 8,479 | 8,479 | 8,479 | ||||
| total liabilities | 6,292,685 | 4,898,856 | 4,317,542 | 10,758,171 | 1,168,479 | 466,403 | 363,748 | 70,390 | 39,208 | 37,227 |
| net assets | -2,210,541 | -1,038,998 | -371,240 | 348,698 | 1,159,849 | 730,639 | 371,753 | 45,876 | 9,865 | 8,827 |
| total shareholders funds | -2,210,541 | -1,038,998 | -371,240 | 348,698 | 1,159,849 | 730,639 | 371,753 | 45,876 | 9,865 | 8,827 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -845,162 | -513,486 | -726,704 | -855,658 | 415,969 | 340,069 | 432,109 | 223,139 | ||
| Depreciation | 30,408 | 32,103 | 38,058 | 54,930 | 23,997 | 23,222 | 9,886 | 2,363 | 1,898 | 745 |
| Amortisation | 247,161 | 250,214 | 250,214 | 241,047 | ||||||
| Tax | 8,479 | 18,798 | -28,628 | -44,533 | ||||||
| Stock | -3,828 | -554 | 4,382 | |||||||
| Debtors | 553,006 | 24,560 | -6,926,352 | 5,606,817 | 1,041,523 | 721,109 | 374,328 | 29,634 | 17,018 | 920 |
| Creditors | -59,929 | 89,013 | -11,082 | -114,548 | 255,790 | -24,244 | 86,817 | -38,986 | 1,981 | 37,227 |
| Accruals and Deferred Income | 1,677,532 | -1,809,661 | 3,356,193 | -131,500 | 446,286 | 118,420 | 276,931 | 70,168 | ||
| Deferred Taxes & Provisions | -16,958 | 16,958 | ||||||||
| Cash flow from operations | 497,004 | -1,984,856 | 9,833,031 | -6,408,718 | 101,073 | -232,268 | 402,787 | 182,517 | ||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -20,832 | 18,065 | 2,767 | |||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 245 | 1,844 | 7,871 | |||||||
| Group/Directors Accounts | -9,835,740 | 9,835,740 | ||||||||
| Other Short Term Loans | 300,015 | 255,987 | ||||||||
| Long term loans | -1,048,068 | 4,105,220 | 84,258 | |||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -326,381 | -174,882 | -1,346 | -765 | 20 | 19 | -704 | -1,495 | ||
| cash flow from financing | -1,074,189 | 4,200,300 | -9,736,845 | 9,880,247 | 13,241 | 19 | 45,172 | -1,495 | ||
| cash and cash equivalents | ||||||||||
| cash | -101,359 | 158,968 | 23,050 | 44,119 | -3,671 | -118,091 | 163,580 | 37,990 | -16,370 | 40,256 |
| overdraft | ||||||||||
| change in cash | -101,359 | 158,968 | 23,050 | 44,119 | -3,671 | -118,091 | 163,580 | 37,990 | -16,370 | 40,256 |
falanx cyber defence limited Credit Report and Business Information
Falanx Cyber Defence Limited Competitor Analysis
Perform a competitor analysis for falanx cyber defence limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B90 area or any other competitors across 12 key performance metrics.
falanx cyber defence limited Ownership
FALANX CYBER DEFENCE LIMITED group structure
Falanx Cyber Defence Limited has 1 subsidiary company.
Ultimate parent company
2 parents
FALANX CYBER DEFENCE LIMITED
08224292
1 subsidiary
falanx cyber defence limited directors
Falanx Cyber Defence Limited currently has 4 directors. The longest serving directors include Ms Venetia Cooper (Dec 2023) and Mr Stewart Motler (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Venetia Cooper | United Kingdom | 50 years | Dec 2023 | - | Director |
| Mr Stewart Motler | England | 48 years | Dec 2023 | - | Director |
| Mr Philip Grannum | United Kingdom | 56 years | Dec 2023 | - | Director |
| Mr William Dawson | United Kingdom | 62 years | Dec 2023 | - | Director |
P&L
March 2023turnover
3.8m
+9%
operating profit
-845.2k
+65%
gross margin
36%
-9.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-2.2m
+1.13%
total assets
4.1m
+0.06%
cash
166.6k
-0.38%
net assets
Total assets minus all liabilities
falanx cyber defence limited company details
company number
08224292
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
September 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
advanced security consulting limited (July 2016)
accountant
-
auditor
HAINES WATTS HIGH WYCOMBE LIMITED
address
second floor, one central boulev, central boulevard, blythe valley, solihull, B90 8BG
Bank
-
Legal Advisor
-
falanx cyber defence 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 3 charges/mortgages relating to falanx cyber defence limited. Currently there are 0 open charges and 3 have been satisfied in the past.
falanx cyber defence 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.
Click to start generating capital raising & share issue transactions for FALANX CYBER DEFENCE LIMITED. This can take several minutes, an email will notify you when this has completed.
falanx cyber defence limited Companies House Filings - See Documents
| date | description | view/download |
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