adevinta products & technology uk limited
adevinta products & technology uk limited Company Information
Company Number
09053202
Next Accounts
Apr 2025
Shareholders
schibsted asa
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
1 bridgewater place water lane, leeds, west yorkshire, LS11 5QR
Website
www.schibsted.comadevinta products & technology uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADEVINTA PRODUCTS & TECHNOLOGY UK LIMITED at £151.2m based on a Turnover of £62.1m and 2.43x industry multiple (adjusted for size and gross margin).
adevinta products & technology uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADEVINTA PRODUCTS & TECHNOLOGY UK LIMITED at £0 based on an EBITDA of £-52.7m and a 16.57x industry multiple (adjusted for size and gross margin).
adevinta products & technology uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADEVINTA PRODUCTS & TECHNOLOGY UK LIMITED at £40.9m based on Net Assets of £18.2m and 2.25x industry multiple (adjusted for liquidity).
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Adevinta Products & Technology Uk Limited Overview
Adevinta Products & Technology Uk Limited is a dissolved company that was located in west yorkshire, LS11 5QR with a Companies House number of 09053202. It operated in the other information technology service activities sector, SIC Code 62090. Founded in May 2014, it's largest shareholder was schibsted asa with a 100% stake. The last turnover for Adevinta Products & Technology Uk Limited was estimated at £62.1m.
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Adevinta Products & Technology Uk Limited Health Check
Pomanda's financial health check has awarded Adevinta Products & Technology Uk Limited a 3.5 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
0 Regular
4 Weak
Size
annual sales of £62.1m, make it larger than the average company (£4.4m)
£62.1m - Adevinta Products & Technology Uk Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 830%, show it is growing at a faster rate (7.1%)
830% - Adevinta Products & Technology Uk Limited
7.1% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (52.9%)
100% - Adevinta Products & Technology Uk Limited
52.9% - Industry AVG
Profitability
an operating margin of -87.5% make it less profitable than the average company (4.8%)
-87.5% - Adevinta Products & Technology Uk Limited
4.8% - Industry AVG
Employees
with 117 employees, this is above the industry average (36)
117 - Adevinta Products & Technology Uk Limited
36 - Industry AVG
Pay Structure
on an average salary of £106.9k, the company has a higher pay structure (£60.1k)
£106.9k - Adevinta Products & Technology Uk Limited
£60.1k - Industry AVG
Efficiency
resulting in sales per employee of £531.1k, this is more efficient (£152.8k)
£531.1k - Adevinta Products & Technology Uk Limited
£152.8k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (58 days)
2 days - Adevinta Products & Technology Uk Limited
58 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Adevinta Products & Technology Uk Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Adevinta Products & Technology Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Adevinta Products & Technology Uk Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77%, this is a higher level of debt than the average (65.8%)
77% - Adevinta Products & Technology Uk Limited
65.8% - Industry AVG
ADEVINTA PRODUCTS & TECHNOLOGY UK LIMITED financials
Adevinta Products & Technology Uk Limited's latest turnover from December 2018 is £62.1 million and the company has net assets of £18.2 million. According to their latest financial statements, Adevinta Products & Technology Uk Limited has 117 employees and maintains cash reserves of £497.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|
| Turnover | 62,141,259 | 22,212,568 | 3,965,679 | 77,270 | |
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | 62,141,259 | 22,212,568 | 3,965,679 | 77,270 | |
| Admin Expenses | 116,548,576 | 126,738,269 | 67,164,868 | 14,932,337 | 301,540 |
| Operating Profit | -54,407,317 | -104,525,701 | -63,199,189 | -14,855,067 | -301,540 |
| Interest Payable | 260,448 | 393,082 | 206,661 | 270,004 | 56 |
| Interest Receivable | 24,745 | 53 | 2,715 | ||
| Pre-Tax Profit | -54,666,879 | -104,791,419 | -63,405,797 | -15,122,356 | -301,596 |
| Tax | |||||
| Profit After Tax | -54,666,879 | -104,791,419 | -63,405,797 | -15,122,356 | -301,596 |
| Dividends Paid | |||||
| Retained Profit | -54,666,879 | -104,791,419 | -63,405,797 | -15,122,356 | -301,596 |
| Employee Costs | 12,502,656 | 13,989,753 | 9,178,235 | 2,344,022 | 43,410 |
| Number Of Employees | 117 | 131 | 80 | 44 | 2 |
| EBITDA* | -52,671,657 | -101,825,895 | -59,357,742 | -14,829,316 | -301,540 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,183,396 | 2,627,656 | 226,727 | 101,008 | |
| Intangible Assets | 23,787,744 | 1,436,940 | 2,283,295 | 8,692,027 | |
| Investments & Other | 2,405,990 | 5,727,344 | 5,650,362 | 178,248 | |
| Debtors (Due After 1 year) | 89,136 | 445,985 | 430,985 | 76,950 | |
| Total Fixed Assets | 28,466,266 | 10,237,925 | 8,591,369 | 8,971,283 | 76,950 |
| Stock & work in progress | |||||
| Trade Debtors | 377,491 | 6,577,201 | 2,613,308 | 1,007 | |
| Group Debtors | 27,268,544 | 2,962,370 | 188,355 | ||
| Misc Debtors | 22,332,483 | 25,351,559 | 16,642,058 | 3,439,052 | 189,248 |
| Cash | 497,581 | 1,590 | 1,749,121 | 1,096,095 | 9,100 |
| misc current assets | |||||
| total current assets | 50,476,099 | 34,892,720 | 21,004,487 | 4,724,509 | 198,348 |
| total assets | 78,942,365 | 45,130,645 | 29,595,856 | 13,695,792 | 275,298 |
| Bank overdraft | 2,169,849 | 2,759,487 | 3,933,089 | 3,475,230 | 253,763 |
| Bank loan | |||||
| Trade Creditors | 1,412,599 | 2,595,312 | 10,520,847 | 556,992 | 77,971 |
| Group/Directors Accounts | 38,620,858 | 31,635,958 | 3,521,537 | 3,853,287 | 87,750 |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 2,868,735 | 5,201,403 | 3,986,536 | 1,157,718 | 157,409 |
| total current liabilities | 45,072,041 | 42,192,160 | 21,962,009 | 9,043,227 | 576,893 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 12,672,120 | ||||
| other liabilities | 1,030,598 | ||||
| provisions | 2,000,000 | ||||
| total long term liabilities | 15,702,718 | ||||
| total liabilities | 60,774,759 | 42,192,160 | 21,962,009 | 9,043,227 | 576,893 |
| net assets | 18,167,606 | 2,938,485 | 7,633,847 | 4,652,565 | -301,595 |
| total shareholders funds | 18,167,606 | 2,938,485 | 7,633,847 | 4,652,565 | -301,595 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -54,407,317 | -104,525,701 | -63,199,189 | -14,855,067 | -301,540 |
| Depreciation | 484,606 | 246,635 | 75,027 | 25,751 | |
| Amortisation | 1,251,054 | 2,453,171 | 3,766,420 | ||
| Tax | |||||
| Stock | |||||
| Debtors | 14,730,539 | 15,650,764 | 16,057,937 | 3,362,216 | 266,198 |
| Creditors | -1,182,713 | -7,925,535 | 9,963,855 | 479,021 | 77,971 |
| Accruals and Deferred Income | 10,339,452 | 1,214,867 | 2,828,818 | 1,000,309 | 157,409 |
| Deferred Taxes & Provisions | 2,000,000 | ||||
| Cash flow from operations | -56,245,457 | -124,187,327 | -62,623,006 | -16,712,202 | -332,358 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -3,321,354 | 76,982 | 5,472,114 | 178,248 | |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 6,984,900 | 28,114,421 | -331,750 | 3,765,537 | 87,750 |
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | 1,030,598 | ||||
| share issue | |||||
| interest | -260,448 | -368,337 | -206,608 | -267,289 | -56 |
| cash flow from financing | 77,651,050 | 127,842,141 | 65,848,721 | 23,574,764 | 87,695 |
| cash and cash equivalents | |||||
| cash | 495,991 | -1,747,531 | 653,026 | 1,086,995 | 9,100 |
| overdraft | -589,638 | -1,173,602 | 457,859 | 3,221,467 | 253,763 |
| change in cash | 1,085,629 | -573,929 | 195,167 | -2,134,472 | -244,663 |
adevinta products & technology uk limited Credit Report and Business Information
Adevinta Products & Technology Uk Limited Competitor Analysis
Perform a competitor analysis for adevinta products & technology uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in LS11 area or any other competitors across 12 key performance metrics.
adevinta products & technology uk limited Ownership
ADEVINTA PRODUCTS & TECHNOLOGY UK LIMITED group structure
Adevinta Products & Technology Uk Limited has no subsidiary companies.
Ultimate parent company
SCHIBSTED ASA
#0060933
1 parent
ADEVINTA PRODUCTS & TECHNOLOGY UK LIMITED
09053202
adevinta products & technology uk limited directors
Adevinta Products & Technology Uk Limited currently has 2 directors. The longest serving directors include Mr Renaud Bruyeron (Mar 2018) and Mrs Nicola Dexter (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Renaud Bruyeron | Spain | 50 years | Mar 2018 | - | Director |
| Mrs Nicola Dexter | United Kingdom | 46 years | Oct 2019 | - | Director |
P&L
December 2018turnover
62.1m
+180%
operating profit
-54.4m
-48%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
18.2m
+5.18%
total assets
78.9m
+0.75%
cash
497.6k
+311.94%
net assets
Total assets minus all liabilities
adevinta products & technology uk limited company details
company number
09053202
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2018
previous names
schibsted products & technology uk limited (July 2019)
schibsted media group uk limited (September 2015)
accountant
-
auditor
ERNST & YOUNG LLP
address
1 bridgewater place water lane, leeds, west yorkshire, LS11 5QR
Bank
-
Legal Advisor
-
adevinta products & technology uk 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 adevinta products & technology uk limited.
adevinta products & technology uk 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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adevinta products & technology uk limited Companies House Filings - See Documents
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