switch that technologies limitedEstimated Valuation
£9.4k
Pomanda estimates the enterprise value of SWITCH THAT TECHNOLOGIES LIMITED at £9.4k based on a Turnover of £20k and 0.47x industry multiple (adjusted for size and gross margin).
switch that technologies limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SWITCH THAT TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-13k and a 3.19x industry multiple (adjusted for size and gross margin).
switch that technologies limitedEstimated Valuation
£20.2k
Pomanda estimates the enterprise value of SWITCH THAT TECHNOLOGIES LIMITED at £20.2k based on Net Assets of £8.9k and 2.26x industry multiple (adjusted for liquidity).
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Switch That Technologies LimitedOverview
Switch That Technologies Limited is a live company located in west yorkshire, HX1 2HX with a Companies House number of 08573321. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2013, it's largest shareholder is
mashhuda glencross
with a 18% stake. Switch That Technologies Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£20k with
declining
growth in recent years.
Pomanda's financial health check has awarded Switch That Technologies Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £20k, make it smaller than the average company (£1.5m)
£20k - Switch That Technologies Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (10.2%)
-20% - Switch That Technologies Limited
10.2% - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (45.7%)
24.5% - Switch That Technologies Limited
45.7% - Industry AVG
Profitability
an operating margin of -65% make it less profitable than the average company (5.7%)
-65% - Switch That Technologies Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Switch That Technologies Limited
12 - Industry AVG
Pay Structure
on an average salary of £61.1k, the company has an equivalent pay structure (£61.1k)
£61.1k - Switch That Technologies Limited
£61.1k - Industry AVG
Efficiency
resulting in sales per employee of £20k, this is less efficient (£131.9k)
£20k - Switch That Technologies Limited
£131.9k - Industry AVG
Debtor Days
it gets paid by customers after 157 days, this is later than average (60 days)
157 days - Switch That Technologies Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (27 days)
0 days - Switch That Technologies Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Switch That Technologies Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Switch That Technologies Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.7%, this is a lower level of debt than the average (56%)
11.7% - Switch That Technologies Limited
56% - Industry AVG
SWITCH THAT TECHNOLOGIES LIMITED financials
EXPORT
Switch That Technologies Limited's latest turnover from June 2024 is estimated at £20 thousand and the company has net assets of £8.9 thousand. According to their latest financial statements, we estimate that Switch That Technologies Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Turnover
20,014
54,323
53,913
39,448
122,274
86,244
68,487
2,656
18,932
5,762
6,825
Other Income Or Grants
Cost Of Sales
15,107
40,132
39,055
29,228
86,627
61,436
48,713
1,837
12,671
3,942
4,628
Gross Profit
4,908
14,191
14,858
10,220
35,646
24,808
19,774
820
6,261
1,820
2,196
Admin Expenses
17,910
14,668
14,952
14,591
19,711
32,610
-14,012
6,508
4,746
930
4,039
Operating Profit
-13,002
-477
-94
-4,371
15,935
-7,802
33,786
-5,688
1,515
890
-1,843
Interest Payable
Interest Receivable
6
10
4
Pre-Tax Profit
-13,002
-477
-94
-4,371
15,935
-7,802
33,786
-5,688
1,521
900
-1,839
Tax
-3,028
-6,419
-304
-180
Profit After Tax
-13,002
-477
-94
-4,371
12,907
-7,802
27,367
-5,688
1,217
720
-1,839
Dividends Paid
Retained Profit
-13,002
-477
-94
-4,371
12,907
-7,802
27,367
-5,688
1,217
720
-1,839
Employee Costs
61,092
56,875
52,889
48,696
187,029
104,077
54,217
52,980
57,454
57,796
57,197
Number Of Employees
1
1
1
1
4
2
1
1
1
1
1
EBITDA*
-13,002
-477
-94
-4,371
15,935
-7,802
33,786
-5,688
1,515
1,195
-1,538
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Tangible Assets
1,466
1,676
1,915
2,189
3,267
4,355
56
113
232
315
620
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,466
1,676
1,915
2,189
3,267
4,355
56
113
232
315
620
Stock & work in progress
Trade Debtors
8,658
21,451
20,998
8,367
12,355
24,937
30,809
4
5,266
Group Debtors
Misc Debtors
Cash
2,375
1,721
misc current assets
11,955
11,260
total current assets
8,658
21,451
20,998
20,322
23,615
24,937
30,809
4
5,266
2,375
1,721
total assets
10,124
23,127
22,913
22,511
26,882
29,292
30,865
117
5,498
2,690
2,341
Bank overdraft
Bank loan
Trade Creditors
36
37
36
15,317
9,088
5,707
5,400
3,805
4,176
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
36
37
36
15,317
9,088
5,707
5,400
3,805
4,176
loans
hp & lease commitments
Accruals and Deferred Income
1,150
1,150
460
other liabilities
provisions
total long term liabilities
1,150
1,150
460
total liabilities
1,186
1,187
496
15,317
9,088
5,707
5,400
3,805
4,176
net assets
8,938
21,940
22,417
22,511
26,882
13,975
21,777
-5,590
98
-1,115
-1,835
total shareholders funds
8,938
21,940
22,417
22,511
26,882
13,975
21,777
-5,590
98
-1,115
-1,835
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Operating Activities
Operating Profit
-13,002
-477
-94
-4,371
15,935
-7,802
33,786
-5,688
1,515
890
-1,843
Depreciation
305
305
Amortisation
Tax
-3,028
-6,419
-304
-180
Stock
Debtors
-12,793
453
12,631
-3,988
-12,582
-5,872
30,805
-5,262
5,266
Creditors
-1
1
36
-15,317
6,229
3,381
307
1,595
-371
4,176
Accruals and Deferred Income
690
460
Deferred Taxes & Provisions
Cash flow from operations
-210
-239
-12,229
-383
10,172
4,299
-57
-119
-2,460
644
2,638
Investing Activities
capital expenditure
210
239
274
1,078
1,088
-4,299
57
119
83
-925
Change in Investments
cash flow from investments
210
239
274
1,078
1,088
-4,299
57
119
83
-925
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-4
4
interest
6
10
4
cash flow from financing
2
10
8
cash and cash equivalents
cash
-2,375
654
1,721
overdraft
change in cash
-2,375
654
1,721
switch that technologies limited 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 switch that technologies limited. Get real-time insights into switch that technologies limited's credit score, group structure and payment trends.
Switch That Technologies Limited Competitor Analysis
Perform a competitor analysis for switch that technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HX1 area or any other competitors across 12 key performance metrics.
switch that technologies limited Ownership
SWITCH THAT TECHNOLOGIES LIMITED group structure
Switch That Technologies Limited has no subsidiary companies.
Ultimate parent company
SWITCH THAT TECHNOLOGIES LIMITED
08573321
SWITCH THAT TECHNOLOGIES LIMITED Shareholders
The largest shareholders in Switch That Technologies Limited include Mashhuda Glencross and James Sinnot.
mashhuda glencross
18%
james sinnot
18%
nick nils william glencross
18%
richard bronislaw kopec
18%
trina watt
18%
isis innovation limited
10%
switch that technologies limited directors
Switch That Technologies Limited currently has 4 directors.
The longest serving directors include
Mr Nick Glencross (Jun 2013) and
Dr Mashhuda Glencross (Jun 2013).
switch that technologies 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 switch that technologies limited.
switch that technologies 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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switch that technologies limitedCompanies House Filings - See Documents
