Pomanda estimates the enterprise value of FIDO TECH LTD at £2.5m based on a Turnover of £3.1m and 0.81x industry multiple (adjusted for size and gross margin).
fido tech ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FIDO TECH LTD at £0 based on an EBITDA of £-4.2m and a 5.74x industry multiple (adjusted for size and gross margin).
fido tech ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FIDO TECH LTD at £0 based on Net Assets of £-6m and 2.29x industry multiple (adjusted for liquidity).
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Fido Tech LtdOverview
Fido Tech Ltd is a live company located in bicester, OX27 8TG with a Companies House number of 09121732. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2014, it's largest shareholder is
skion water uk limited
with a 100% stake. Fido Tech Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£3.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Fido Tech Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £3.1m, make it in line with the average company (£3.2m)
£3.1m - Fido Tech Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (8.5%)
18% - Fido Tech Ltd
8.5% - Industry AVG
Production
with a gross margin of 59.6%, this company has a lower cost of product (45.5%)
59.6% - Fido Tech Ltd
45.5% - Industry AVG
Profitability
an operating margin of -137.9% make it less profitable than the average company (5.8%)
-137.9% - Fido Tech Ltd
5.8% - Industry AVG
Employees
with 56 employees, this is above the industry average (21)
56 - Fido Tech Ltd
21 - Industry AVG
Pay Structure
on an average salary of £63.2k, the company has an equivalent pay structure (£63.2k)
£63.2k - Fido Tech Ltd
£63.2k - Industry AVG
Efficiency
resulting in sales per employee of £55.5k, this is less efficient (£138.6k)
£55.5k - Fido Tech Ltd
£138.6k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (61 days)
53 days - Fido Tech Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (28 days)
104 days - Fido Tech Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fido Tech Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Fido Tech Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 284.4%, this is a higher level of debt than the average (58.8%)
284.4% - Fido Tech Ltd
58.8% - Industry AVG
FIDO TECH LTD financials
EXPORT
Fido Tech Ltd's latest turnover from December 2023 is £3.1 million and the company has net assets of -£6 million. According to their latest financial statements, Fido Tech Ltd has 56 employees and maintains cash reserves of £479.5 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
Turnover
3,108,009
1,656,154
1,992,022
1,893,623
677,736
96,097
240,433
710,477
317,418
Other Income Or Grants
Cost Of Sales
1,256,526
699,567
1,066,281
953,356
339,344
46,542
107,429
309,238
139,637
Gross Profit
1,851,483
956,587
925,741
940,267
338,391
49,556
133,004
401,239
177,782
Admin Expenses
6,138,060
3,468,112
1,331,692
1,357,807
383,422
35,804
211,289
426,255
144,448
Operating Profit
-4,286,577
-2,511,525
-405,951
-417,540
-45,031
13,752
-78,285
-25,016
33,334
Interest Payable
118,128
29,441
56,250
19,825
Interest Receivable
15,069
7,733
278
59
9
8
2
96
191
Pre-Tax Profit
-4,389,636
-2,533,233
-461,923
-437,306
-45,022
13,759
-78,283
-24,920
33,525
Tax
-313,546
215,439
-2,614
-6,705
Profit After Tax
-4,703,182
-2,317,794
-461,923
-437,306
-45,022
11,145
-78,283
-24,920
26,820
Dividends Paid
Retained Profit
-4,703,182
-2,317,794
-461,923
-437,306
-45,022
11,145
-78,283
-24,920
26,820
Employee Costs
3,537,770
1,583,690
1,384,109
1,074,750
374,096
117,407
109,371
353,717
176,344
Number Of Employees
56
27
25
21
7
2
2
6
3
EBITDA*
-4,168,557
-2,499,871
-400,717
-413,319
-45,031
13,752
-78,285
-25,016
33,334
* 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
Tangible Assets
1,360,661
625,739
12,849
13,354
Intangible Assets
Investments & Other
27,893
Debtors (Due After 1 year)
42,676
485,912
485,912
248,870
Total Fixed Assets
1,403,337
1,111,651
498,761
262,224
27,893
Stock & work in progress
132,194
Trade Debtors
454,759
197,040
257,734
348,407
1,440
121,386
Group Debtors
12,023
Misc Debtors
934,746
444,047
125,551
72,694
92,216
50,104
Cash
479,530
578,101
104,819
117,632
942
1,391
651
76,516
misc current assets
19,513
total current assets
1,869,035
1,219,188
620,298
538,733
12,965
95,047
50,755
121,386
96,029
total assets
3,272,372
2,330,839
1,119,059
800,957
40,858
95,047
50,755
121,386
96,029
Bank overdraft
321
Bank loan
Trade Creditors
358,467
241,795
231,751
139,684
56,047
13,563
114,586
69,207
Group/Directors Accounts
7,388,909
3,029,579
48,053
2,199
45,808
other short term finances
hp & lease commitments
other current liabilities
1,390,247
541,492
446,047
210,036
92,870
100,912
127,136
total current liabilities
9,137,944
3,812,866
677,798
397,773
151,116
160,283
127,136
114,586
69,207
loans
169,900
44,506
1,150,000
650,000
hp & lease commitments
Accruals and Deferred Income
4,900
other liabilities
provisions
total long term liabilities
169,900
44,506
1,150,000
650,000
4,900
total liabilities
9,307,844
3,857,372
1,827,798
1,047,773
151,116
160,283
127,136
119,486
69,207
net assets
-6,035,472
-1,526,533
-708,739
-246,816
-110,258
-65,236
-76,381
1,900
26,822
total shareholders funds
-6,035,472
-1,526,533
-708,739
-246,816
-110,258
-65,236
-76,381
1,900
26,822
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
-4,286,577
-2,511,525
-405,951
-417,540
-45,031
13,752
-78,285
-25,016
33,334
Depreciation
118,020
11,654
5,234
4,221
Amortisation
Tax
-313,546
215,439
-2,614
-6,705
Stock
-132,194
132,194
Debtors
305,182
257,802
199,226
657,948
-81,633
43,552
-71,282
121,386
Creditors
116,672
10,044
92,067
83,637
42,484
13,563
-114,586
45,379
69,207
Accruals and Deferred Income
848,755
95,445
236,011
117,166
-8,042
-26,224
122,236
4,900
Deferred Taxes & Provisions
Cash flow from operations
-3,821,858
-2,304,551
-404,059
-870,464
71,044
-45,075
647
-96,123
95,836
Investing Activities
capital expenditure
-852,942
-624,544
-4,729
-17,575
Change in Investments
-27,893
27,893
cash flow from investments
-852,942
-624,544
-4,729
10,318
-27,893
Financing Activities
Bank loans
Group/Directors Accounts
4,359,330
3,029,579
-48,053
45,854
-43,609
45,808
Other Short Term Loans
Long term loans
125,394
-1,105,494
500,000
650,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
194,243
1,500,000
300,748
2
-2
2
interest
-103,059
-21,708
-55,972
-19,766
9
8
2
96
191
cash flow from financing
4,575,908
3,402,377
395,975
976,836
-43,600
45,816
4
94
193
cash and cash equivalents
cash
-98,571
473,282
-12,813
116,690
-449
740
651
-76,516
76,516
overdraft
321
change in cash
-98,892
473,282
-12,813
116,690
-449
740
651
-76,516
76,516
fido tech ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for fido tech ltd. Get real-time insights into fido tech ltd's credit score, group structure and payment trends.
Perform a competitor analysis for fido tech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in OX27 area or any other competitors across 12 key performance metrics.
the courtyard home farm, caversfield, bicester, oxfordshire, OX27 8TG
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Legal Advisor
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fido tech 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 fido tech ltd.
fido tech ltd Capital Raised & Share Issues BETA
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fido tech ltdCompanies House Filings - See Documents
