deeper than blue ltd
deeper than blue ltd Company Information
Company Number
08761710
Website
www.deeperthanblue.co.ukRegistered Address
17 napier court, off gander lane, chesterfield, derbyshire, S43 4PZ
Industry
Computer consultancy activities
Telephone
01143992820
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
deeper than blue group limited 95%
david macdonald 5%
deeper than blue ltd Estimated Valuation
Pomanda estimates the enterprise value of DEEPER THAN BLUE LTD at £1.5m based on a Turnover of £3.2m and 0.47x industry multiple (adjusted for size and gross margin).
deeper than blue ltd Estimated Valuation
Pomanda estimates the enterprise value of DEEPER THAN BLUE LTD at £546k based on an EBITDA of £140.7k and a 3.88x industry multiple (adjusted for size and gross margin).
deeper than blue ltd Estimated Valuation
Pomanda estimates the enterprise value of DEEPER THAN BLUE LTD at £5.3m based on Net Assets of £2.5m and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Deeper Than Blue Ltd Overview
Deeper Than Blue Ltd is a live company located in chesterfield, S43 4PZ with a Companies House number of 08761710. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2013, it's largest shareholder is deeper than blue group limited with a 95% stake. Deeper Than Blue Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.2m with healthy growth in recent years.
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Deeper Than Blue Ltd Health Check
Pomanda's financial health check has awarded Deeper Than Blue Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £3.2m, make it larger than the average company (£1.9m)
- Deeper Than Blue Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.4%)
- Deeper Than Blue Ltd
4.4% - Industry AVG
Production
with a gross margin of 26.8%, this company has a higher cost of product (46%)
- Deeper Than Blue Ltd
46% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (7.7%)
- Deeper Than Blue Ltd
7.7% - Industry AVG
Employees
with 37 employees, this is above the industry average (16)
37 - Deeper Than Blue Ltd
16 - Industry AVG
Pay Structure
on an average salary of £55.8k, the company has an equivalent pay structure (£55.8k)
- Deeper Than Blue Ltd
£55.8k - Industry AVG
Efficiency
resulting in sales per employee of £86.4k, this is less efficient (£127.8k)
- Deeper Than Blue Ltd
£127.8k - Industry AVG
Debtor Days
it gets paid by customers after 135 days, this is later than average (65 days)
- Deeper Than Blue Ltd
65 days - Industry AVG
Creditor Days
its suppliers are paid after 140 days, this is slower than average (30 days)
- Deeper Than Blue Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Deeper Than Blue Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 104 weeks, this is more cash available to meet short term requirements (19 weeks)
104 weeks - Deeper Than Blue Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (58.7%)
27.2% - Deeper Than Blue Ltd
58.7% - Industry AVG
DEEPER THAN BLUE LTD financials
Deeper Than Blue Ltd's latest turnover from December 2022 is estimated at £3.2 million and the company has net assets of £2.5 million. According to their latest financial statements, Deeper Than Blue Ltd has 37 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 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 | 37 | 35 | 30 | 26 | 21 | 17 | 17 | 13 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 491,412 | 248,534 | 222,445 | 81,911 | 25,890 | 24,679 | 26,674 | 23,998 | 16,555 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 491,412 | 248,534 | 222,445 | 81,911 | 25,890 | 24,679 | 26,674 | 23,998 | 16,555 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,183,846 | 1,312,627 | 1,335,887 | 1,050,220 | 773,359 | 654,545 | 637,256 | 468,732 | 284,924 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,811,148 | 1,654,478 | 1,763,301 | 1,521,241 | 1,241,688 | 876,270 | 697,065 | 782,979 | 60,524 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,994,994 | 2,967,105 | 3,099,188 | 2,571,461 | 2,015,047 | 1,530,815 | 1,334,321 | 1,251,711 | 345,448 |
| total assets | 3,486,406 | 3,215,639 | 3,321,633 | 2,653,372 | 2,040,937 | 1,555,494 | 1,360,995 | 1,275,709 | 362,003 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 901,593 | 727,393 | 865,316 | 1,024,096 | 699,575 | 603,777 | 509,073 | 518,666 | 242,721 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 901,593 | 727,393 | 865,316 | 1,024,096 | 699,575 | 603,777 | 509,073 | 518,666 | 242,721 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 47,222 | 47,222 | 42,265 | 15,563 | 4,919 | 4,750 | 5,335 | 4,800 | 3,311 |
| total long term liabilities | 47,222 | 47,222 | 42,265 | 15,563 | 4,919 | 4,750 | 5,335 | 4,800 | 3,311 |
| total liabilities | 948,815 | 774,615 | 907,581 | 1,039,659 | 704,494 | 608,527 | 514,408 | 523,466 | 246,032 |
| net assets | 2,537,591 | 2,441,024 | 2,414,052 | 1,613,713 | 1,336,443 | 946,967 | 846,587 | 752,243 | 115,971 |
| total shareholders funds | 2,537,591 | 2,441,024 | 2,414,052 | 1,613,713 | 1,336,443 | 946,967 | 846,587 | 752,243 | 115,971 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 82,080 | 61,748 | 43,304 | 17,620 | 14,149 | 16,791 | 12,579 | 8,929 | 1,525 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -128,781 | -23,260 | 285,667 | 276,861 | 118,814 | 17,289 | 168,524 | 183,808 | 284,924 |
| Creditors | 174,200 | -137,923 | -158,780 | 324,521 | 95,798 | 94,704 | -9,593 | 275,945 | 242,721 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 4,957 | 26,702 | 10,644 | 169 | -585 | 535 | 1,489 | 3,311 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 156,670 | -108,823 | 242,060 | 279,553 | 365,418 | 179,205 | -85,914 | 722,455 | 60,524 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 156,670 | -108,823 | 242,060 | 279,553 | 365,418 | 179,205 | -85,914 | 722,455 | 60,524 |
deeper than blue ltd Credit Report and Business Information
Deeper Than Blue Ltd Competitor Analysis
Perform a competitor analysis for deeper than blue ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
deeper than blue ltd Ownership
DEEPER THAN BLUE LTD group structure
Deeper Than Blue Ltd has no subsidiary companies.
deeper than blue ltd directors
Deeper Than Blue Ltd currently has 2 directors. The longest serving directors include Mr Stephan Gallardo Vega (Nov 2013) and Mr Chris Booker (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephan Gallardo Vega | United Kingdom | 52 years | Nov 2013 | - | Director |
| Mr Chris Booker | United Kingdom | 55 years | Apr 2015 | - | Director |
P&L
December 2022turnover
3.2m
-3%
operating profit
58.6k
0%
gross margin
26.9%
+3.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.5m
+0.04%
total assets
3.5m
+0.08%
cash
1.8m
+0.09%
net assets
Total assets minus all liabilities
deeper than blue ltd company details
company number
08761710
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
November 2013
age
11
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
17 napier court, off gander lane, chesterfield, derbyshire, S43 4PZ
last accounts submitted
December 2022
deeper than blue 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 deeper than blue ltd.
deeper than blue ltd Companies House Filings - See Documents
| date | description | view/download |
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