serendipitous technologies ltd.
serendipitous technologies ltd. Company Information
Company Number
08549265
Website
-Registered Address
69 banstead road, carshalton, surrey, SM5 3NP
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Ajibade Fatona11 Years
Shareholders
ajibade fatona 65%
christopher knight 25%
View Allserendipitous technologies ltd. Estimated Valuation
Pomanda estimates the enterprise value of SERENDIPITOUS TECHNOLOGIES LTD. at £115.2k based on a Turnover of £179.9k and 0.64x industry multiple (adjusted for size and gross margin).
serendipitous technologies ltd. Estimated Valuation
Pomanda estimates the enterprise value of SERENDIPITOUS TECHNOLOGIES LTD. at £1.2k based on an EBITDA of £298 and a 4.18x industry multiple (adjusted for size and gross margin).
serendipitous technologies ltd. Estimated Valuation
Pomanda estimates the enterprise value of SERENDIPITOUS TECHNOLOGIES LTD. at £0 based on Net Assets of £-765.8k and 0.38x industry multiple (adjusted for liquidity).
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Serendipitous Technologies Ltd. Overview
Serendipitous Technologies Ltd. is a live company located in surrey, SM5 3NP with a Companies House number of 08549265. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2013, it's largest shareholder is ajibade fatona with a 65% stake. Serendipitous Technologies Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £179.9k with healthy growth in recent years.
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Serendipitous Technologies Ltd. Health Check
Pomanda's financial health check has awarded Serendipitous Technologies 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 £179.9k, make it smaller than the average company (£3.2m)
- Serendipitous Technologies Ltd.
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.5%)
- Serendipitous Technologies Ltd.
8.5% - Industry AVG
Production
with a gross margin of 41.4%, this company has a higher cost of product (70.8%)
- Serendipitous Technologies Ltd.
70.8% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (3.9%)
- Serendipitous Technologies Ltd.
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (30)
1 - Serendipitous Technologies Ltd.
30 - Industry AVG
Pay Structure
on an average salary of £66.4k, the company has an equivalent pay structure (£66.4k)
- Serendipitous Technologies Ltd.
£66.4k - Industry AVG
Efficiency
resulting in sales per employee of £179.9k, this is more efficient (£113k)
- Serendipitous Technologies Ltd.
£113k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Serendipitous Technologies Ltd.
- - Industry AVG
Creditor Days
its suppliers are paid after 2640 days, this is slower than average (41 days)
- Serendipitous Technologies Ltd.
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Serendipitous Technologies Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Serendipitous Technologies Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38290800%, this is a higher level of debt than the average (60.6%)
38290800% - Serendipitous Technologies Ltd.
60.6% - Industry AVG
SERENDIPITOUS TECHNOLOGIES LTD. financials
Serendipitous Technologies Ltd.'s latest turnover from May 2023 is estimated at £179.9 thousand and the company has net assets of -£765.8 thousand. According to their latest financial statements, Serendipitous Technologies Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56,444 | 17,444 |
| Intangible Assets | 2 | 2 | 2 | 14,676 | 29,349 | 44,022 | 58,695 | 73,368 | 16,024 | 11,126 |
| Investments & Other | 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 |
| Total Fixed Assets | 2 | 2 | 2 | 14,676 | 29,349 | 44,022 | 58,695 | 73,368 | 72,468 | 28,570 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 673,924 | 450,786 | 287,830 | 93,114 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 87,032 | 1,965 | 2,213 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 0 | 0 | 0 | 673,924 | 537,818 | 289,795 | 95,327 | 0 |
| total assets | 2 | 2 | 2 | 14,676 | 29,349 | 717,946 | 596,513 | 363,163 | 167,795 | 28,570 |
| Bank overdraft | 2,843 | 2,843 | 2,844 | 2,844 | 2,843 | 2,931 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 762,973 | 762,973 | 762,973 | 762,973 | 762,973 | 765,000 | 629,712 | 379,470 | 180,931 | 28,569 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 765,816 | 765,816 | 765,817 | 765,817 | 765,816 | 767,931 | 629,712 | 379,470 | 180,931 | 28,569 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 765,816 | 765,816 | 765,817 | 765,817 | 765,816 | 767,931 | 629,712 | 379,470 | 180,931 | 28,569 |
| net assets | -765,814 | -765,814 | -765,815 | -751,141 | -736,467 | -49,985 | -33,199 | -16,307 | -13,136 | 1 |
| total shareholders funds | -765,814 | -765,814 | -765,815 | -751,141 | -736,467 | -49,985 | -33,199 | -16,307 | -13,136 | 1 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 14,674 | 14,673 | 14,673 | 14,673 | 14,673 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | -673,924 | 223,138 | 162,956 | 194,716 | 93,114 | 0 |
| Creditors | 0 | 0 | 0 | 0 | -2,027 | 135,288 | 250,242 | 198,539 | 152,362 | 28,569 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 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 | -87,032 | 85,067 | -248 | 2,213 | 0 |
| overdraft | 0 | -1 | 0 | 1 | -88 | 2,931 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 1 | 0 | -1 | 88 | -89,963 | 85,067 | -248 | 2,213 | 0 |
serendipitous technologies ltd. Credit Report and Business Information
Serendipitous Technologies Ltd. Competitor Analysis
Perform a competitor analysis for serendipitous technologies ltd. by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SM5 area or any other competitors across 12 key performance metrics.
serendipitous technologies ltd. Ownership
SERENDIPITOUS TECHNOLOGIES LTD. group structure
Serendipitous Technologies Ltd. has no subsidiary companies.
Ultimate parent company
SERENDIPITOUS TECHNOLOGIES LTD.
08549265
serendipitous technologies ltd. directors
Serendipitous Technologies Ltd. currently has 1 director, Mr Ajibade Fatona serving since May 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ajibade Fatona | England | 38 years | May 2013 | - | Director |
P&L
May 2023turnover
179.9k
+20%
operating profit
298.5
0%
gross margin
41.4%
-6.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-765.8k
0%
total assets
2
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
serendipitous technologies ltd. company details
company number
08549265
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
May 2013
age
11
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
69 banstead road, carshalton, surrey, SM5 3NP
accountant
MAYFAIR ASSOCIATES LONDON LTD
auditor
-
serendipitous technologies 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 serendipitous technologies ltd..
serendipitous technologies ltd. Companies House Filings - See Documents
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