toucantech limited
toucantech limited Company Information
Company Number
08793687
Next Accounts
Sep 2025
Shareholders
katherine jillings
sian morley-smith
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
celixir house, stratford business and technolog, stratford-upon-avon, warwickshire, CV37 7GZ
Website
https://toucantech.comtoucantech limited Estimated Valuation
Pomanda estimates the enterprise value of TOUCANTECH LIMITED at £2.7m based on a Turnover of £2.9m and 0.91x industry multiple (adjusted for size and gross margin).
toucantech limited Estimated Valuation
Pomanda estimates the enterprise value of TOUCANTECH LIMITED at £0 based on an EBITDA of £-845.9k and a 5.56x industry multiple (adjusted for size and gross margin).
toucantech limited Estimated Valuation
Pomanda estimates the enterprise value of TOUCANTECH LIMITED at £0 based on Net Assets of £-1.7m and 2.38x industry multiple (adjusted for liquidity).
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Toucantech Limited Overview
Toucantech Limited is a live company located in stratford-upon-avon, CV37 7GZ with a Companies House number of 08793687. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2013, it's largest shareholder is katherine jillings with a 52.2% stake. Toucantech Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with high growth in recent years.
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Toucantech Limited Health Check
Pomanda's financial health check has awarded Toucantech Limited a 2 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
2 Strong
3 Regular
6 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£4.5m)
- Toucantech Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.2%)
- Toucantech Limited
10.2% - Industry AVG
Production
with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)
- Toucantech Limited
72.1% - Industry AVG
Profitability
an operating margin of -29.3% make it less profitable than the average company (3.4%)
- Toucantech Limited
3.4% - Industry AVG
Employees
with 41 employees, this is similar to the industry average (42)
41 - Toucantech Limited
42 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Toucantech Limited
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £71.3k, this is less efficient (£121.9k)
- Toucantech Limited
£121.9k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (58 days)
- Toucantech Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (41 days)
- Toucantech Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Toucantech Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (17 weeks)
2 weeks - Toucantech Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 399.9%, this is a higher level of debt than the average (63%)
399.9% - Toucantech Limited
63% - Industry AVG
TOUCANTECH LIMITED financials
Toucantech Limited's latest turnover from December 2023 is estimated at £2.9 million and the company has net assets of -£1.7 million. According to their latest financial statements, Toucantech Limited has 41 employees and maintains cash reserves of £114.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Nov 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 | 41 | 34 | 32 | 26 | 16 | 9 | 7 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,087 | 14,262 | 14,929 | 13,268 | 6,295 | 7,169 | 3,580 | 2,929 | 6,358 | 12,717 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 16,087 | 14,262 | 14,929 | 13,268 | 6,295 | 7,169 | 3,580 | 2,929 | 6,358 | 12,717 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 289,228 | 220,366 | 221,653 | 263,308 | 453,877 | 524,364 | 207,975 | 16,405 | 1,680 | 24,388 |
| Group Debtors | ||||||||||
| Misc Debtors | 137,782 | 233,228 | 239,535 | 173,701 | 156,654 | 66,913 | 48,471 | 29,336 | 26,814 | |
| Cash | 114,458 | 270,647 | 281,976 | 480,956 | 58,014 | 108,528 | 72,143 | 24,575 | 2,345 | 15,681 |
| misc current assets | ||||||||||
| total current assets | 541,468 | 724,241 | 743,164 | 917,965 | 668,545 | 699,805 | 328,589 | 70,316 | 30,839 | 40,069 |
| total assets | 557,555 | 738,503 | 758,093 | 931,233 | 674,840 | 706,974 | 332,169 | 73,245 | 37,197 | 52,786 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 28,950 | 23,119 | 22,754 | 28,901 | 179 | 673 | 116 | 10,800 | 93,592 | |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 2,179,609 | 1,506,825 | 1,203,354 | 1,016,665 | 1,614,548 | 637,609 | 386,812 | 180,368 | 3,567 | |
| total current liabilities | 2,208,559 | 1,529,944 | 1,226,108 | 1,045,566 | 1,614,727 | 638,282 | 386,928 | 180,368 | 14,367 | 93,592 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 20,833 | 30,833 | 181,902 | 236,862 | 75,383 | |||||
| provisions | 2,710 | 2,837 | 2,521 | 1,070 | 1,219 | |||||
| total long term liabilities | 20,833 | 33,543 | 184,739 | 239,383 | 1,070 | 1,219 | 75,383 | |||
| total liabilities | 2,229,392 | 1,563,487 | 1,410,847 | 1,284,949 | 1,615,797 | 639,501 | 386,928 | 180,368 | 89,750 | 93,592 |
| net assets | -1,671,837 | -824,984 | -652,754 | -353,716 | -940,957 | 67,473 | -54,759 | -107,123 | -52,553 | -40,806 |
| total shareholders funds | -1,671,837 | -824,984 | -652,754 | -353,716 | -940,957 | 67,473 | -54,759 | -107,123 | -52,553 | -40,806 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 11,060 | 8,891 | 7,361 | 4,968 | 3,578 | 2,261 | 1,278 | 6,713 | 6,359 | 6,358 |
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | -26,584 | -7,594 | 24,179 | -173,522 | 19,254 | 334,831 | 210,705 | 17,247 | 4,106 | 24,388 |
| Creditors | 5,831 | 365 | -6,147 | 28,722 | -494 | 557 | 116 | -10,800 | -82,792 | 93,592 |
| Accruals and Deferred Income | 672,784 | 303,471 | 186,689 | -597,883 | 976,939 | 250,797 | 206,444 | 176,801 | 3,567 | |
| Deferred Taxes & Provisions | -2,710 | -127 | 316 | 1,451 | -149 | 1,219 | ||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | -10,000 | -151,069 | -54,960 | 236,862 | -75,383 | 75,383 | ||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -156,189 | -11,329 | -198,980 | 422,942 | -50,514 | 36,385 | 47,568 | 22,230 | -13,336 | 15,681 |
| overdraft | ||||||||||
| change in cash | -156,189 | -11,329 | -198,980 | 422,942 | -50,514 | 36,385 | 47,568 | 22,230 | -13,336 | 15,681 |
toucantech limited Credit Report and Business Information
Toucantech Limited Competitor Analysis
Perform a competitor analysis for toucantech limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CV37 area or any other competitors across 12 key performance metrics.
toucantech limited Ownership
TOUCANTECH LIMITED group structure
Toucantech Limited has no subsidiary companies.
Ultimate parent company
TOUCANTECH LIMITED
08793687
toucantech limited directors
Toucantech Limited currently has 3 directors. The longest serving directors include Mrs Sian Morley-Smith (Nov 2013) and Mse Katherine Jillings (Nov 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sian Morley-Smith | United Kingdom | 40 years | Nov 2013 | - | Director |
| Mse Katherine Jillings | England | 44 years | Nov 2013 | - | Director |
| Mr Andrew Wolfson | United Kingdom | 56 years | May 2020 | - | Director |
P&L
December 2023turnover
2.9m
+31%
operating profit
-857k
0%
gross margin
72.2%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.7m
+1.03%
total assets
557.6k
-0.25%
cash
114.5k
-0.58%
net assets
Total assets minus all liabilities
toucantech limited company details
company number
08793687
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
November 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
pelicanconnect ltd (October 2016)
networkbecause ltd (March 2014)
accountant
TC GROUP
auditor
-
address
celixir house, stratford business and technolog, stratford-upon-avon, warwickshire, CV37 7GZ
Bank
-
Legal Advisor
-
toucantech 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 toucantech limited.
toucantech 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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toucantech limited Companies House Filings - See Documents
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