yoobic limited
yoobic limited Company Information
Company Number
08924655
Website
www.yoobic.comRegistered Address
2nd floor, smith square no1, 77 fulham palace road, london, W6 8JA
Industry
Business and domestic software development
Telephone
02036215233
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
felix capital fund i l.p. 18.5%
avi haiat 14.4%
View Allyoobic limited Estimated Valuation
Pomanda estimates the enterprise value of YOOBIC LIMITED at £21.2m based on a Turnover of £18.1m and 1.17x industry multiple (adjusted for size and gross margin).
yoobic limited Estimated Valuation
Pomanda estimates the enterprise value of YOOBIC LIMITED at £0 based on an EBITDA of £-4.4m and a 8.2x industry multiple (adjusted for size and gross margin).
yoobic limited Estimated Valuation
Pomanda estimates the enterprise value of YOOBIC LIMITED at £49.1m based on Net Assets of £21.7m and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Yoobic Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Yoobic Limited Overview
Yoobic Limited is a live company located in london, W6 8JA with a Companies House number of 08924655. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2014, it's largest shareholder is felix capital fund i l.p. with a 18.5% stake. Yoobic Limited is a established, mid sized company, Pomanda has estimated its turnover at £18.1m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Yoobic Limited Health Check
Pomanda's financial health check has awarded Yoobic Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £18.1m, make it larger than the average company (£3.7m)
£18.1m - Yoobic Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (7.6%)
47% - Yoobic Limited
7.6% - Industry AVG
Production
with a gross margin of 80.6%, this company has a comparable cost of product (72.1%)
80.6% - Yoobic Limited
72.1% - Industry AVG
Profitability
an operating margin of -25.3% make it less profitable than the average company (3.6%)
-25.3% - Yoobic Limited
3.6% - Industry AVG
Employees
with 166 employees, this is above the industry average (33)
166 - Yoobic Limited
33 - Industry AVG
Pay Structure
on an average salary of £99.1k, the company has a higher pay structure (£67.6k)
£99.1k - Yoobic Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £109.1k, this is equally as efficient (£114.5k)
£109.1k - Yoobic Limited
£114.5k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (60 days)
87 days - Yoobic Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 143 days, this is slower than average (47 days)
143 days - Yoobic Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Yoobic Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 143 weeks, this is more cash available to meet short term requirements (19 weeks)
143 weeks - Yoobic Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.8%, this is a lower level of debt than the average (62.2%)
29.8% - Yoobic Limited
62.2% - Industry AVG
yoobic limited Credit Report and Business Information
Yoobic Limited Competitor Analysis
Perform a competitor analysis for yoobic limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
yoobic limited Ownership
YOOBIC LIMITED group structure
Yoobic Limited has no subsidiary companies.
Ultimate parent company
YOOBIC LIMITED
08924655
yoobic limited directors
Yoobic Limited currently has 6 directors. The longest serving directors include Mr Avi Haiat (Mar 2014) and Mr Fabrice Haiat (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Avi Haiat | England | 50 years | Mar 2014 | - | Director |
| Mr Fabrice Haiat | England | 50 years | Jun 2014 | - | Director |
| Mr Gilles Haiat | England | 43 years | Jun 2014 | - | Director |
| Mr Frederic Court | England | 54 years | Aug 2016 | - | Director |
| Mrs Rachel Geller | United States | 41 years | Jul 2021 | - | Director |
| Mr Jean Tardy-Joubert | England | 54 years | Jul 2021 | - | Director |
YOOBIC LIMITED financials
Yoobic Limited's latest turnover from December 2022 is £18.1 million and the company has net assets of £21.7 million. According to their latest financial statements, Yoobic Limited has 166 employees and maintains cash reserves of £24.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Apr 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,107,895 | 14,424,885 | 10,852,180 | 5,750,928 | 5,984,922 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 3,510,650 | 2,043,302 | 1,625,168 | 1,354,384 | 1,555,008 | ||||
| Gross Profit | 14,597,245 | 12,381,583 | 9,227,012 | 4,396,544 | 4,429,914 | ||||
| Admin Expenses | 19,186,649 | 15,388,099 | 11,357,661 | 9,597,570 | 8,236,191 | ||||
| Operating Profit | -4,589,404 | -3,006,516 | -2,130,649 | -5,201,026 | -3,806,277 | ||||
| Interest Payable | 3,896 | 7,562 | 1,829 | 28 | 68 | ||||
| Interest Receivable | 1,211 | 408 | 726 | 72 | 39 | ||||
| Pre-Tax Profit | -4,592,089 | -3,013,670 | -2,131,752 | -5,200,982 | -3,806,306 | ||||
| Tax | 1,699,588 | -66,946 | 556,510 | 591,199 | 317,833 | ||||
| Profit After Tax | -2,892,501 | -3,080,616 | -1,575,242 | -4,609,783 | -3,488,473 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -2,864,320 | -3,061,374 | -1,535,683 | -4,609,783 | -3,488,473 | ||||
| Employee Costs | 16,451,421 | 12,105,386 | 9,164,511 | 6,828,096 | 6,638,051 | ||||
| Number Of Employees | 166 | 130 | 133 | 151 | 102 | 52 | 25 | 10 | |
| EBITDA* | -4,410,613 | -2,835,986 | -1,666,916 | -5,017,513 | -3,592,239 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Apr 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 409,782 | 346,438 | 435,069 | 804,375 | 519,985 | 463,061 | 107,939 | 26,020 | 1,455 |
| Intangible Assets | 115,016 | 1,559 | 2,996 | 5,318 | 14,499 | 25,123 | 27,380 | 37,547 | 50,063 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 61 | 61 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 524,798 | 347,997 | 438,065 | 809,693 | 534,484 | 488,245 | 135,380 | 63,567 | 51,518 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,355,247 | 2,824,433 | 2,963,157 | 2,708,280 | 2,156,298 | 1,522,387 | 767,342 | 297,015 | 36,010 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 |
| Misc Debtors | 1,826,730 | 1,479,326 | 2,174,379 | 2,487,402 | 1,854,049 | 402,359 | 177,387 | 40,107 | 0 |
| Cash | 24,230,648 | 27,531,066 | 14,858,189 | 7,387,482 | 13,408,136 | 2,386,663 | 4,587,763 | 313,275 | 77,904 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 30,412,625 | 31,834,825 | 19,995,725 | 12,583,164 | 17,418,483 | 4,361,409 | 5,532,492 | 650,397 | 113,914 |
| total assets | 30,937,423 | 32,182,822 | 20,433,790 | 13,392,857 | 17,952,967 | 4,849,654 | 5,667,872 | 713,964 | 165,432 |
| Bank overdraft | 2,822 | 2,651 | 919 | 2,632 | 4,028 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,380,371 | 814,514 | 750,965 | 842,197 | 530,270 | 207,603 | 83,032 | 29,690 | 115,328 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,395 | 0 |
| other short term finances | 0 | 0 | 6,312 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,425,393 | 6,209,276 | 5,978,469 | 3,167,184 | 3,409,554 | 2,107,774 | 1,107,436 | 529,307 | 0 |
| total current liabilities | 8,808,586 | 7,026,441 | 6,736,665 | 4,012,013 | 3,943,852 | 2,315,377 | 1,190,468 | 592,392 | 115,328 |
| loans | 331,828 | 381,161 | 5,890,653 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 61,633 | 178,350 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 19,413 | 16,587 | 26,873 | 65,562 | 61,384 | 0 | 18,526 | 5,204 | 0 |
| total long term liabilities | 412,874 | 576,098 | 5,917,526 | 65,562 | 61,384 | 0 | 18,526 | 5,204 | 0 |
| total liabilities | 9,221,460 | 7,602,539 | 12,654,191 | 4,077,575 | 4,005,236 | 2,315,377 | 1,208,994 | 597,596 | 115,328 |
| net assets | 21,715,963 | 24,580,283 | 7,779,599 | 9,315,282 | 13,947,731 | 2,534,277 | 4,458,878 | 116,368 | 50,104 |
| total shareholders funds | 21,715,963 | 24,580,283 | 7,779,599 | 9,315,282 | 13,947,731 | 2,534,277 | 4,458,878 | 116,368 | 50,104 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Apr 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -4,589,404 | -3,006,516 | -2,130,649 | -5,201,026 | -3,806,277 | ||||
| Depreciation | 171,644 | 169,093 | 461,411 | 174,332 | 201,718 | 57,373 | 21,240 | 2,152 | 469 |
| Amortisation | 7,147 | 1,437 | 2,322 | 9,181 | 12,320 | 14,843 | 12,863 | 12,516 | 12,516 |
| Tax | 1,699,588 | -66,946 | 556,510 | 591,199 | 317,833 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,878,218 | -833,777 | -58,146 | 3,220,936 | 2,035,601 | 1,030,017 | 607,607 | 301,112 | 36,010 |
| Creditors | 565,857 | 63,549 | -91,232 | 634,594 | 322,667 | 124,571 | 53,342 | -85,638 | 115,328 |
| Accruals and Deferred Income | 1,099,400 | 409,157 | 2,811,285 | 1,059,410 | 1,301,780 | 1,000,338 | 578,129 | 529,307 | 0 |
| Deferred Taxes & Provisions | 2,826 | -10,286 | -38,689 | 65,562 | 61,384 | -18,526 | 13,322 | 5,204 | 0 |
| Cash flow from operations | -2,921,160 | -1,606,735 | 1,629,104 | -5,887,684 | -3,624,176 | ||||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | ||||
| Change in Investments | 0 | 0 | 0 | -61 | -61 | 0 | 61 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 61 | 61 | ||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -33,395 | 33,395 | 0 |
| Other Short Term Loans | 0 | -6,312 | 6,312 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -49,333 | -5,509,492 | 5,890,653 | 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 | -2,685 | -7,154 | -1,103 | 44 | -29 | ||||
| cash flow from financing | -52,018 | 14,339,100 | 5,895,862 | 11,390,832 | 14,901,898 | ||||
| cash and cash equivalents | |||||||||
| cash | -3,300,418 | 12,672,877 | 7,470,707 | 5,000,819 | 11,021,473 | -2,201,100 | 4,274,488 | 235,371 | 77,904 |
| overdraft | 171 | 1,732 | -1,713 | 2,632 | 4,028 | 0 | 0 | 0 | 0 |
| change in cash | -3,300,589 | 12,671,145 | 7,472,420 | 4,998,187 | 11,017,445 | -2,201,100 | 4,274,488 | 235,371 | 77,904 |
P&L
December 2022turnover
18.1m
+26%
operating profit
-4.6m
+53%
gross margin
80.7%
-6.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
21.7m
-0.12%
total assets
30.9m
-0.04%
cash
24.2m
-0.12%
net assets
Total assets minus all liabilities
Similar Companies
yoobic limited company details
company number
08924655
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
March 2014
age
10
accounts
Group
ultimate parent company
previous names
ubiq limited (April 2014)
incorporated
UK
address
2nd floor, smith square no1, 77 fulham palace road, london, W6 8JA
last accounts submitted
December 2022
yoobic 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 yoobic limited.
yoobic limited Companies House Filings - See Documents
| date | description | view/download |
|---|
