ft systems ltd.
ft systems ltd. Company Information
Group Structure
View All
Industry
Computer consultancy activities
+2Registered Address
44-46 old steine, brighton, BN1 1NH
Website
www.ftsystems.co.ukft systems ltd. Estimated Valuation
Pomanda estimates the enterprise value of FT SYSTEMS LTD. at £360.1k based on a Turnover of £611.5k and 0.59x industry multiple (adjusted for size and gross margin).
ft systems ltd. Estimated Valuation
Pomanda estimates the enterprise value of FT SYSTEMS LTD. at £176.5k based on an EBITDA of £44.9k and a 3.93x industry multiple (adjusted for size and gross margin).
ft systems ltd. Estimated Valuation
Pomanda estimates the enterprise value of FT SYSTEMS LTD. at £695.3k based on Net Assets of £299.8k and 2.32x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ft Systems Ltd. Overview
Ft Systems Ltd. is a dissolved company that was located in brighton, BN1 1NH with a Companies House number of 09104958. It operated in the business and domestic software development sector, SIC Code 62012. Founded in June 2014, it's largest shareholder was gary forward with a 100% stake. The last turnover for Ft Systems Ltd. was estimated at £611.5k.
Upgrade for unlimited company reports & a free credit check
Ft Systems Ltd. Health Check
Pomanda's financial health check has awarded Ft Systems Ltd. a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £611.5k, make it smaller than the average company (£2m)
- Ft Systems Ltd.
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 74%, show it is growing at a faster rate (6.8%)
- Ft Systems Ltd.
6.8% - Industry AVG
Production
with a gross margin of 31.7%, this company has a higher cost of product (60.3%)
- Ft Systems Ltd.
60.3% - Industry AVG
Profitability
an operating margin of 7.4% make it more profitable than the average company (6%)
- Ft Systems Ltd.
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
1 - Ft Systems Ltd.
27 - Industry AVG
Pay Structure
on an average salary of £57.6k, the company has an equivalent pay structure (£57.6k)
- Ft Systems Ltd.
£57.6k - Industry AVG
Efficiency
resulting in sales per employee of £611.5k, this is more efficient (£124.8k)
- Ft Systems Ltd.
£124.8k - Industry AVG
Debtor Days
it gets paid by customers after 208 days, this is later than average (65 days)
- Ft Systems Ltd.
65 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (39 days)
- Ft Systems Ltd.
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ft Systems Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ft Systems Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (61.1%)
14.2% - Ft Systems Ltd.
61.1% - Industry AVG
FT SYSTEMS LTD. financials
Ft Systems Ltd.'s latest turnover from June 2019 is estimated at £611.5 thousand and the company has net assets of £299.8 thousand. According to their latest financial statements, Ft Systems Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | 6,201 | 4,343 | 4,119 | 955 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 6,201 | 4,343 | 4,119 | 955 | |
| Stock & work in progress | |||||
| Trade Debtors | 349,590 | 317,191 | 242,623 | 30,097 | 70 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 131,448 | ||||
| misc current assets | |||||
| total current assets | 349,590 | 317,191 | 242,623 | 161,545 | 70 |
| total assets | 349,590 | 323,392 | 246,966 | 165,664 | 1,025 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 49,808 | 59,992 | 61,507 | 66,506 | 1,025 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 49,808 | 59,992 | 61,507 | 66,506 | 1,025 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 824 | ||||
| total long term liabilities | 824 | ||||
| total liabilities | 49,808 | 59,992 | 61,507 | 67,330 | 1,025 |
| net assets | 299,782 | 263,400 | 185,459 | 98,334 | |
| total shareholders funds | 299,782 | 263,400 | 185,459 | 98,334 |
| Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 336 | 53 | |||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 32,399 | 74,568 | 212,526 | 30,027 | 70 |
| Creditors | -10,184 | -1,515 | -4,999 | 65,481 | 1,025 |
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | -824 | 824 | |||
| 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 | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -131,448 | 131,448 | |||
| overdraft | |||||
| change in cash | -131,448 | 131,448 |
ft systems ltd. Credit Report and Business Information
Ft Systems Ltd. Competitor Analysis
Perform a competitor analysis for ft systems ltd. by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in BN1 area or any other competitors across 12 key performance metrics.
ft systems ltd. Ownership
FT SYSTEMS LTD. group structure
Ft Systems Ltd. has no subsidiary companies.
Ultimate parent company
FT SYSTEMS LTD.
09104958
ft systems ltd. directors
Ft Systems Ltd. currently has 1 director, Mr Gary Forward serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Forward | 54 years | Jun 2014 | - | Director |
P&L
June 2019turnover
611.5k
+9%
operating profit
44.9k
0%
gross margin
31.8%
-1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2019net assets
299.8k
+0.14%
total assets
349.6k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
ft systems ltd. company details
company number
09104958
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62020 - Computer consultancy activities
62090 - Other information technology and computer service activities
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2019
previous names
N/A
accountant
-
auditor
-
address
44-46 old steine, brighton, BN1 1NH
Bank
-
Legal Advisor
-
ft systems 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 ft systems ltd..
ft systems ltd. 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.
Click to start generating capital raising & share issue transactions for FT SYSTEMS LTD.. This can take several minutes, an email will notify you when this has completed.
ft systems ltd. Companies House Filings - See Documents
| date | description | view/download |
|---|
