flame digital limited

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flame digital limited Company Information

Share FLAME DIGITAL LIMITED

Company Number

08773570

Shareholders

flame group ltd.

Group Structure

View All

Industry

Advertising agencies

 

Registered Address

20-22 wenlock road, london, N1 7GU

flame digital limited Estimated Valuation

£140.5k

Pomanda estimates the enterprise value of FLAME DIGITAL LIMITED at £140.5k based on a Turnover of £317.8k and 0.44x industry multiple (adjusted for size and gross margin).

flame digital limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FLAME DIGITAL LIMITED at £0 based on an EBITDA of £-22.1k and a 3x industry multiple (adjusted for size and gross margin).

flame digital limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FLAME DIGITAL LIMITED at £0 based on Net Assets of £-35.4k and 1.84x industry multiple (adjusted for liquidity).

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Flame Digital Limited Overview

Flame Digital Limited is a live company located in london, N1 7GU with a Companies House number of 08773570. It operates in the advertising agencies sector, SIC Code 73110. Founded in November 2013, it's largest shareholder is flame group ltd. with a 100% stake. Flame Digital Limited is a established, micro sized company, Pomanda has estimated its turnover at £317.8k with declining growth in recent years.

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Flame Digital Limited Health Check

Pomanda's financial health check has awarded Flame Digital Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £317.8k, make it smaller than the average company (£10m)

£317.8k - Flame Digital Limited

£10m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.5%)

-15% - Flame Digital Limited

6.5% - Industry AVG

production

Production

with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)

43.1% - Flame Digital Limited

43.1% - Industry AVG

profitability

Profitability

an operating margin of -7% make it less profitable than the average company (5.2%)

-7% - Flame Digital Limited

5.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (44)

2 - Flame Digital Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £65.9k, the company has an equivalent pay structure (£65.9k)

£65.9k - Flame Digital Limited

£65.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £158.9k, this is less efficient (£188.5k)

£158.9k - Flame Digital Limited

£188.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is near the average (59 days)

51 days - Flame Digital Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 143 days, this is slower than average (43 days)

143 days - Flame Digital Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Flame Digital Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (15 weeks)

25 weeks - Flame Digital Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 119.9%, this is a higher level of debt than the average (67.8%)

119.9% - Flame Digital Limited

67.8% - Industry AVG

FLAME DIGITAL LIMITED financials

EXPORTms excel logo

Flame Digital Limited's latest turnover from December 2023 is estimated at £317.8 thousand and the company has net assets of -£35.4 thousand. According to their latest financial statements, Flame Digital Limited has 2 employees and maintains cash reserves of £97.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Turnover317,796278,405239,858512,654476,556934,5971,163,693894,406258,82410,576
Other Income Or Grants0000000000
Cost Of Sales180,687153,417124,905284,282268,316517,644650,244471,125136,4255,792
Gross Profit137,108124,988114,953228,372208,240416,952513,449423,282122,3994,785
Admin Expenses159,237233,87690,306183,284171,462438,420478,128397,350128,9589,084
Operating Profit-22,129-108,88824,64745,08836,778-21,46835,32125,932-6,559-4,299
Interest Payable5,4195,4394,2562,9231,4491,1584132662760
Interest Receivable5,4354,7154401305306083496681
Pre-Tax Profit-22,113-109,61220,83142,29635,858-22,01735,25725,733-6,827-4,298
Tax00-3,958-8,036-6,8130-6,699-5,14600
Profit After Tax-22,113-109,61216,87334,25929,045-22,01728,55820,586-6,827-4,298
Dividends Paid0000000000
Retained Profit-22,113-109,61216,87334,25929,045-22,01728,55820,586-6,827-4,298
Employee Costs131,895129,573127,106121,310118,995116,766172,206110,09154,74255,334
Number Of Employees2222223211
EBITDA*-22,129-108,88824,64745,18537,196-20,99235,70825,932-6,559-4,299

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets0000815681,056000
Intangible Assets0000000000
Investments & Other1111111100
Debtors (Due After 1 year)0000000000
Total Fixed Assets1111825701,058100
Stock & work in progress0000000000
Trade Debtors44,61229,37938,888113,82093,854231,192295,719242,07764,2001,122
Group Debtors6,79114,44732,00451,66647,41223,876387000
Misc Debtors29,46027,39238,83330,08759,026118,784136,8263,7812,8960
Cash97,363109,671159,767191,97968,40772,86489,38750,1512,835440
misc current assets0000000000
total current assets178,227180,889269,493387,554268,700446,717522,321296,00969,9311,562
total assets178,228180,890269,493387,554268,782447,287523,378296,01069,9311,562
Bank overdraft19,10219,62715,17517,38721,34921,59712,72208,5040
Bank loan9,9279,40110,0725,708000000
Trade Creditors 71,19499,01137,149104,613121,937205,478221,149133,89736,9475,760
Group/Directors Accounts65,72312,00213,44425,30221,63636,01734,4692,43700
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities33,18430,39560,876103,72158,699168,062216,887135,61521,0050
total current liabilities199,130170,437136,717256,732223,621431,155485,228271,94966,4565,760
loans14,52023,76336,47051,380000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities000000014,50014,5000
provisions0000000000
total long term liabilities14,52123,76436,47151,38100014,50014,5000
total liabilities213,651194,200173,187308,113223,621431,155485,228286,44980,9565,760
net assets-35,423-13,31096,30679,44245,16116,13238,1519,561-11,025-4,198
total shareholders funds-35,423-13,31096,30679,44245,16116,13238,1519,561-11,025-4,198
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit-22,129-108,88824,64745,08836,778-21,46835,32125,932-6,559-4,299
Depreciation00097418475387000
Amortisation0000000000
Tax00-3,958-8,036-6,8130-6,699-5,14600
Stock0000000000
Debtors9,645-38,507-85,849-4,718-173,561-59,080187,075178,76265,9741,122
Creditors-27,81761,862-67,464-17,324-83,541-15,67187,25296,95031,1875,760
Accruals and Deferred Income2,789-30,481-42,84545,022-109,363-48,82581,272114,61021,0050
Deferred Taxes & Provisions0000000000
Cash flow from operations-56,802-39,000-3,77169,56511,040-26,40910,45853,584-20,341339
Investing Activities
capital expenditure000-166913-1,443000
Change in Investments0000000100
cash flow from investments000-166913-1,443-100
Financing Activities
Bank loans526-6714,3645,708000000
Group/Directors Accounts53,721-1,442-11,8593,667-14,3811,54832,0322,43700
Other Short Term Loans 0000000000
Long term loans-9,243-12,707-14,91051,380000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities000000-14,500014,5000
share issue0-4-921-16-23200100
interest16-724-3,816-2,793-919-550-64-200-2681
cash flow from financing45,020-15,548-26,23057,983-15,31699617,5002,23714,232101
cash and cash equivalents
cash-12,308-50,096-32,211123,572-4,457-16,52439,23647,3162,395440
overdraft-5254,452-2,212-3,962-2488,87512,722-8,5048,5040
change in cash-11,783-54,548-29,999127,534-4,209-25,39926,51455,820-6,109440

flame digital limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Flame Digital Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for flame digital limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.

flame digital limited Ownership

FLAME DIGITAL LIMITED group structure

Flame Digital Limited has no subsidiary companies.

Ultimate parent company

FLAME GROUP LTD

#0096810

1 parent

FLAME DIGITAL LIMITED

08773570

FLAME DIGITAL LIMITED Shareholders

flame group ltd. 100%

flame digital limited directors

Flame Digital Limited currently has 3 directors. The longest serving directors include Mr Ran Gazit-Berger (Nov 2013) and Mr Christopher Humby (Jan 2020).

officercountryagestartendrole
Mr Ran Gazit-BergerEngland50 years Nov 2013- Director
Mr Christopher HumbyEngland63 years Jan 2020- Director
Mr Christopher Humby63 years Jan 2020- Director

P&L

December 2023

turnover

317.8k

+14%

operating profit

-22.1k

0%

gross margin

43.2%

-3.9%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-35.4k

+1.66%

total assets

178.2k

-0.01%

cash

97.4k

-0.11%

net assets

Total assets minus all liabilities

flame digital limited company details

company number

08773570

Type

Private limited with Share Capital

industry

73110 - Advertising agencies

incorporation date

November 2013

age

12

incorporated

UK

ultimate parent company

FLAME GROUP LTD

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

flame asset management limited (October 2014)

accountant

NYMAN LIBSON PAUL

auditor

-

address

20-22 wenlock road, london, N1 7GU

Bank

-

Legal Advisor

-

flame digital 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 flame digital limited.

flame digital 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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flame digital limited Companies House Filings - See Documents

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