fiserv financial service technologies limited
fiserv financial service technologies limited Company Information
Company Number
09106081
Next Accounts
1280 days late
Shareholders
fiserv europe group holdings b.v.
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
menzies llp, 4th floor, 95 gresham street, london, EC2V 7AB
Website
-fiserv financial service technologies limited Estimated Valuation
Pomanda estimates the enterprise value of FISERV FINANCIAL SERVICE TECHNOLOGIES LIMITED at £4.4m based on a Turnover of £5.6m and 0.79x industry multiple (adjusted for size and gross margin).
fiserv financial service technologies limited Estimated Valuation
Pomanda estimates the enterprise value of FISERV FINANCIAL SERVICE TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-14.1m and a 5.6x industry multiple (adjusted for size and gross margin).
fiserv financial service technologies limited Estimated Valuation
Pomanda estimates the enterprise value of FISERV FINANCIAL SERVICE TECHNOLOGIES LIMITED at £0 based on Net Assets of £-17.3m and 2.29x industry multiple (adjusted for liquidity).
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Fiserv Financial Service Technologies Limited Overview
Fiserv Financial Service Technologies Limited is a live company located in london, EC2V 7AB with a Companies House number of 09106081. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2014, it's largest shareholder is fiserv europe group holdings b.v. with a 100% stake. Fiserv Financial Service Technologies Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.6m with declining growth in recent years.
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Fiserv Financial Service Technologies Limited Health Check
Pomanda's financial health check has awarded Fiserv Financial Service Technologies Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £5.6m, make it larger than the average company (£453.3k)
- Fiserv Financial Service Technologies Limited
£453.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (5.8%)
- Fiserv Financial Service Technologies Limited
5.8% - Industry AVG
Production
with a gross margin of 50.1%, this company has a comparable cost of product (50.1%)
- Fiserv Financial Service Technologies Limited
50.1% - Industry AVG
Profitability
an operating margin of -330.3% make it less profitable than the average company (6.7%)
- Fiserv Financial Service Technologies Limited
6.7% - Industry AVG
Employees
with 46 employees, this is above the industry average (14)
- Fiserv Financial Service Technologies Limited
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Fiserv Financial Service Technologies Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £121k, this is equally as efficient (£123.3k)
- Fiserv Financial Service Technologies Limited
£123.3k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is near the average (68 days)
- Fiserv Financial Service Technologies Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 112 days, this is slower than average (28 days)
- Fiserv Financial Service Technologies Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fiserv Financial Service Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Fiserv Financial Service Technologies Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 274.9%, this is a higher level of debt than the average (57.4%)
274.9% - Fiserv Financial Service Technologies Limited
57.4% - Industry AVG
FISERV FINANCIAL SERVICE TECHNOLOGIES LIMITED financials
Fiserv Financial Service Technologies Limited's latest turnover from December 2019 is estimated at £5.6 million and the company has net assets of -£17.3 million. According to their latest financial statements, we estimate that Fiserv Financial Service Technologies Limited has 46 employees and maintains cash reserves of £508.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 17,559 | 34,849 | 52,139 | 69,429 | ||
| Intangible Assets | 4,271,060 | 7,520,417 | 8,521,781 | 4,717,975 | ||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 4,132,929 | 6,087,682 | 7,760,348 | 9,848,123 | ||
| Total Fixed Assets | 4,150,488 | 10,393,591 | 15,332,904 | 18,439,333 | 4,717,975 | |
| Stock & work in progress | ||||||
| Trade Debtors | 1,049,003 | 1,109,382 | 2,456,937 | 3,376,606 | 305,510 | |
| Group Debtors | 700,000 | 49,988 | 91,666 | |||
| Misc Debtors | 3,490,802 | 8,932,890 | 9,455,128 | 15,084,558 | 15,661,675 | |
| Cash | 508,791 | 1,075,025 | 112,351 | 90,972 | 124,101 | |
| misc current assets | ||||||
| total current assets | 5,748,596 | 11,117,297 | 12,024,416 | 18,602,124 | 16,182,952 | |
| total assets | 9,899,084 | 21,510,888 | 27,357,320 | 37,041,457 | 20,900,927 | |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 854,541 | 2,276,051 | 2,073,205 | 3,079,384 | 286,689 | |
| Group/Directors Accounts | 24,146,550 | 15,634,658 | 89,087,182 | 66,738,394 | 20,731,338 | |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 2,209,264 | 2,534,254 | 2,263,903 | 2,196,743 | 245,383 | |
| total current liabilities | 27,210,355 | 20,444,963 | 93,424,290 | 72,014,521 | 21,263,410 | |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 27,210,355 | 20,444,963 | 93,424,290 | 72,014,521 | 21,263,410 | |
| net assets | -17,311,271 | 1,065,925 | -66,066,970 | -34,973,064 | -362,483 | |
| total shareholders funds | -17,311,271 | 1,065,925 | -66,066,970 | -34,973,064 | -362,483 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 17,290 | 17,290 | 17,290 | 17,021 | ||
| Amortisation | 4,271,060 | 2,003,740 | 1,476,309 | 1,479,436 | ||
| Tax | ||||||
| Stock | ||||||
| Debtors | -6,757,220 | -3,542,459 | -8,686,862 | 12,300,424 | 16,058,851 | |
| Creditors | -1,421,510 | 202,846 | -1,006,179 | 2,792,695 | 286,689 | |
| Accruals and Deferred Income | -324,990 | 270,351 | 67,160 | 1,951,360 | 245,383 | |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 8,511,892 | -73,452,524 | 22,348,788 | 46,007,056 | 20,731,338 | |
| 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 | -566,234 | 962,674 | 21,379 | -33,129 | 124,101 | |
| overdraft | ||||||
| change in cash | -566,234 | 962,674 | 21,379 | -33,129 | 124,101 |
fiserv financial service technologies limited Credit Report and Business Information
Fiserv Financial Service Technologies Limited Competitor Analysis
Perform a competitor analysis for fiserv financial service technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC2V area or any other competitors across 12 key performance metrics.
fiserv financial service technologies limited Ownership
FISERV FINANCIAL SERVICE TECHNOLOGIES LIMITED group structure
Fiserv Financial Service Technologies Limited has no subsidiary companies.
Ultimate parent company
FISERV INC
#0063602
FISERV EUROPE GROUP HOLDINGS BV
#0050818
2 parents
FISERV FINANCIAL SERVICE TECHNOLOGIES LIMITED
09106081
fiserv financial service technologies limited directors
Fiserv Financial Service Technologies Limited currently has 2 directors. The longest serving directors include Mr Stuart Forgan (Sep 2022) and Mr Craig Gurney (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Forgan | 49 years | Sep 2022 | - | Director | |
| Mr Craig Gurney | 52 years | Sep 2022 | - | Director |
P&L
December 2019turnover
5.6m
-28%
operating profit
-18.4m
0%
gross margin
50.2%
-2.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
-17.3m
-17.24%
total assets
9.9m
-0.54%
cash
508.8k
-0.53%
net assets
Total assets minus all liabilities
fiserv financial service technologies limited company details
company number
09106081
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2019
previous names
fiserv financial technologies limited (July 2014)
accountant
RSM UK AUDIT LLP
auditor
-
address
menzies llp, 4th floor, 95 gresham street, london, EC2V 7AB
Bank
-
Legal Advisor
-
fiserv financial service technologies 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 fiserv financial service technologies limited.
fiserv financial service technologies 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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fiserv financial service technologies limited Companies House Filings - See Documents
| date | description | view/download |
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